Real Estate Information Business

2 Real Estate Information Business Success Stories [2024]

Pat Walls

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Updated: October 7th, 2024

Looking to carve out a niche in the lucrative real estate market without buying property? Start a real estate information business. This venture revolves around gathering, analyzing, and providing critical real estate data to homebuyers, investors, and realtors.

Your primary tools will be digital databases and market analysis software. By curating relevant data—like property values, market trends, and local amenities—you’ll empower clients to make informed decisions. You can offer subscription services, detailed reports, and even personalized consultations.

With the constantly evolving real estate market, there’s always a demand for timely and accurate information. Establishing yourself as a reliable source opens the door to continual revenue streams and strong client relationships. This business doesn’t just serve a vital need; it also positions you at the intersection of technology and real estate—a growing hub of opportunity.

In this list, you'll find real-world real estate information business success stories and very profitable examples of starting a real estate information business that makes money.

1. PropertyData ($1.54M/year)

Michael Dent, founder of PropertyData, came up with the idea for his business when he realized the manual and error-prone process of analyzing property data for potential investments. He saw an opportunity to automate this analysis, making it faster and more accurate for property investors. Today, PropertyData generates $128,000 per month in recurring revenue.

How much money it makes: $1.54M/year
How much did it cost to start: $68K
How many people on the team: 1

I Built $1.54M/Year Tool That Finds The Best Investment Properties [From UK]

Founder of PropertyData creates a subscription website for UK property investors and developers that is now making $128,000 per month in recurring revenue.

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2. Perch ($960K/year)

Alex Leduc, the Founder and CEO of Perch, came up with the idea for his real estate tech company after seeing how broken and inefficient the mortgage and real estate industry was during his time in the financial sector. He wanted to create a platform that would provide users with in-depth insights and personalized guidance throughout the homebuying process, allowing them to make more informed decisions. After testing and refining his MVP through feedback from friends, family, and strangers, Alex was able to launch Perch with a total startup cost of around $55,000 and has since raised $1 million in seed round funding.

How much money it makes: $960K/year
How much did it cost to start: $80K
How many people on the team: 20

My Proptech Startup Makes $960K/Year Helping People Save Money On Their Mortgage

Toronto-based real estate tech company, Perch, offers a free analytics platform with personalized insights for homebuyers and homeowners, and has saved its users an average of $1,500 per year on their mortgage, with a 174% referral rate, and has raised $1m in seed round funding.

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