Many people today are looking for additional income, and you’ve probably heard financial gurus like Warren Buffett or the folks on Shark Tank say you need multiple streams of income to be successful.
The topic of commission is sensitive on many levels and in some case a violation. I will be discussing a specific situation and not using the actual numbers to avoid any issues.
People ask me often “when is the best time to sell?” Truth be told, and I may be a bit of an optimist, but i don’t really think there is a definitive yes or no answer here. I personally think that when you are ready to sell, you should sell.
Let’s be honest here. You can’t throw a stick in my town without hitting a real estate agent. Used to be that agents were the only people with access to the MLS and listing information, but now with the advances in real estate websites, the role of the REALTOR has drastically changed.
Before you start investing in real estate, you should always write down your goals. When you have your goals in a written form, it will be easier to work towards, and accomplish them. You will be able to chart a roadmap to help you reach your objectives. Things like how many properties you want to buy; type of properties; and how much money you want to make from your investment each month will help you clear the cobwebs and pursue your dream of becoming a successful real estate investor. Try and be as specific as possible, so that there is no room for doubts later on. Keep checking this list and updating it as you progress.
Home renovation television shows like the Property Brothers, Flip or Flop and List It or Love It, give homeowners big ideas about how they can spruce up their property to increase the value when they sell.
The power of a good cleaning job, inside and out, can’t be over stressed when looking to increase the value of a home when selling. First, start on the outside of the house after thoroughly staging the yard. Pressure washing the walls and cleaning the windows on the exterior of the house is a good start and simple enough with a bit of time investment.
For many buyers, the idea of a short sale implies a great deal. It can be, but you need to know what goes along with the great deal. First, let’s define what a short sale is. A short sale is when a property owner needs to sell their property but they owe more than the property is worth. they must petition the bank to allow the deficiency and the sale of the home for the reduced amount.
I usually try to keep a consistent thought to this blog, but I don’t have one particular topic this time to fill the space so this month I will share some random thoughts in my head that I have had running around my mind for a while. Hang on for the ride of randomness!
I look at a lot of houses. It comes with the territory. Many time I see homes that I feel would sell much better with just a few tweaks and others need an “extreme makeover”.