There are "experts" who recommend that you develop a niche and specialize only in that one type of real estate. I understand that reasoning, however there is the other side of the coin to consider.
I don't have a niche. Well, I do have a niche, actually. My specialty is "everything and anything" involved in real estate. I have closed numerous different types of properties or transactions representing the buyer side or seller side or both.
There are advantages to having a wide niche or no niche.
I learn more. I learn much more about how real estate markets work, about the motivations of buyers and sellers and landlords and tenants, about property values and property uses.
It is interesting to work on different types of deals instead of the same thing over and over again. Diversification is enjoyable and motivating.
I meet more people who introduce me to more people inside my real estate board and in public because I have more to talk about.
I like being versatile. That way I can help people do more things.
It evens out earnings somewhat. When one type of market is slow, another type can be good.
I don't have to be an expert in everything although I do consider myself an expert in many different fields. When I need specific knowledge there are experts I use as consultants and facilitators.
Here are my niches.
Commercial Property FOR SALE:
Commercial, Industrial, Manufacturing, Factory, Warehouses, Showrooms, Buildings, Wholesale, Retail, Stores, Shops, Shopping Centers, Strip Centers, Land, Lots, Office Condominiums, and Office Buildings.
Businesses FOR SALE:
All types and sizes of Businesses, Opportunity, Enterprises, and Ventures.
Residential Property FOR SALE:
Detached Homes: Homes, Houses, Single-Family Homes, Patio Homes, Garden Homes, Zero Lot Line Homes, Studio Homes, Bungalows, Mobile Homes, Trailers, Manufactured Homes, Homesteads, Vacation Homes, Villas, and Second Homes.
Attached Homes: Condos, Condominiums, Townhomes, Townhouses, Flats, Premises, Multi-Family (Duplexes, Triplexes, Multi-plexes), and Buildings.
Special Homes: New Construction, Fixer-Uppers, Handyman Specials, Short Sales, Pre-foreclosures, Foreclosures, and REO's.
Land: Lots, Plots, Parcels, Acreage, Farms, Ranches, Villas, Retreats, and Estates.
Agricultural Land FOR SALE:
Farmland, Timberland, Grazing Land, Cropland, and Pasture Land.
Take a look at what I have to offer you at www.EyemarkRealty.com or www.GainesvilleFloridaHomes.com.
Give me a call today.