How to Time the Real Estate Market
Like the green light on a traffic signal understanding the right set of circumstances in the real estate market is like a flashing neon sign saying buy or sell hold now. Perhaps one of the greatest advantages of real estate investing is that unlike stocks, bonds, currency trading the real estate market is relatively slow moving and generally easy to time. Despite its slow moving quality, however, many real estate professionals are unaware of how to properly gauge the market. There is a popular saying in real estate that it is time to sell when real estate agents begin buying investment property.
In general though there are a few basic indicators of when it’s time to buy, sell, or hold your investment property. A good indicator of when you should think about buying property would be an increase in job growth or something that might lead to an increase in job growth like the opening of a new factory. Also bear in mind that the same situation might affect different property types in different ways. For instance an increase in property buyers in a market with few homes available will mean increasing prices for undeveloped land.
read more7 Lies of Real Estate Marketing
Real estate marketing can be either your secret weapon or a real estate system that you wish you had never attempted. There are lies about real estate marketing that have been spread around for years by those who don’t want agents to unlock the power of marketing. Many of those who have spread these lies have done this unintentionally and others intentionally.
By discovering these real estate marketing lies you will have the secrets to turn your real estate business into a machine.
1. Marketing Is Expensive. Many agents believe that marketing is expensive so they never bother to look into how they can make it work for their business. Bad marketing is very expensive and can ruin the experience for an agent. When marketing is done correctly it is about spending little to get a large return. For example if you knew that you could spend $280 on marketing and you would get back $4,000 in return would you consider it expensive So the only marketing that is expensive is marketing that hasn’t been tested, hasn’t been proven, and won’t generate you leads.
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