By Gerri Willis
Compliment for The SmartMoney consultant to genuine property Investing"Gerri Willis's SmartMoney advisor to genuine property making an investment is remarkable. it is easy to learn and straightforward to take advantage of. In an issue of mins after interpreting this booklet, i used to be capable of come to a decision on a bit of actual property I personal that may probably positioned tens of hundreds of thousands of bucks in my pocket within the subsequent 90 days. i might say this ebook pays for itself a millions instances over in your subsequent actual property transaction." -David Bach, bestselling writer of clever end wealthy and clever girls end Rich"Leave it to Gerri Willis to go away me indignant! Had I taken heed of her suggestion on negotiating cost and figuring out how brokers 'really' paintings, i am certain i may have kept hundreds of thousands, most likely tens of hundreds of thousands of bucks on my final condo! nice publication. Gerri hits a 'home' run!"-Neil Cavuto, vice chairman, Anchor, and dealing with Editor, company information, Fox information Channel"An authoritative, informative, compelling case for genuine property funding from a largely revered professional, Gerri Willis, who, so much safely, completely examines this factor from the person investor's element of view."-David M. Jones, PhD, President and CEO, DMJ Advisors LLC
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Extra info for The SmartMoney Guide to Real Estate Investing
Strong demand—job growth of 4 percent or better—portends strong housing price growth that’s sustainable. Of course, you’ll want to temper your outlook by checking out the supply side of the equation. Is there ample space for new homes to be built? If not, demand for homes can’t be met by construction, so prices rise. ) An active new home market means that supply can expand in response to demand, keeping prices stable. qxp 2/7/03 12:42 PM Page 39 Researching the Market 39 Another factor to watch: days on market.
I couldn’t help but think she was only showing me houses that her company had on the market,” he recalls. When he pointedly asked her if that were true, she sheepishly admitted it was. “We exchanged that look of two people who are never going to see each other again,” says Bradshaw, who dropped her in favor of an agent who would show him homes put on the market by rivals as well as her own brokerage’s listings. The whole business, though, left a bad taste in his mouth. ” That means that one real estate agency, sometimes one agent, is representing both the buyer and the seller in a transaction.
Schmidt offered $209,500. ” Where to Look Now that you’re armed with detailed information about the local market, you’re ready to exploit current conditions. If you’re targeting one of those areas where prices are falling, you’ll have the luxury of extending your search to homes priced above your target range. Homes most likely to come down in price are those that have been on the market a month or more. When sellers hire an agent to sell their house they usually sign a listing contract that gives the agent 90 days to sell the house.