For luxury real estate marketing professionals, the easiest way to become the market leader is to select a niche within your marketplace and become the expert in that niche. A niche is a category or a sub-category in which you can specialize.
Yes, your profit will be a product of your debt servicing and acquisition costs so seeking the best rate you can get is important. I would suggest, however, working with a lender who understands you and your project is just as critical.
As much as I like appraisals, I must admit I love an experience realtor. They not only give you more comps than an appraiser, they know what's going on in the neighborhood. They know what people are looking for in houses in their area. But here again, you must tell the real estate in Marbella. not to give you a number just to make you happy. You want a price that the house will sell for in a reasonable time period.
Was it Mary Poppins who said "Accentuate the positive?" I'm not sure, but whoever it was, they were right. So sit down right now and write a list of all the benefits you can offer a buyer or real estate development. a seller.
Rest real estate company or service. assured the people behind these new content sites are not the same people they've replaced. These are folks who actually care about their visitor experience on their sites. They want their visitors to come back palacetes de banus again and are providing enough value to visitors to actually bookmark them and do just that.
Stop thinking that as an agent you must discount your commission, or pay all the advertising costs for the client just to win the new business. These clients are not the ones you want. In most cases they are the hardest to deal with because their motivation is 'cheap'. Logical decisions are not part of their mindset and negotiations are therefore harder with these clients. More often than not the listing does not sell because the client will not listen to the market trends and choices (they think they know better). Time does invariably take care of these unreasonable clients, with no sale resulting and a distressed property sale or lease later on. You can then move back into the picture to offer your special services.
What may be most surprising to some is perception vs. reality in several price categories for luxury homes. From $500,000 to $600,000 there are less than 5 months of inventory and between $800,000 and $900,000, there is 4.7 months of inventory. While the news makes many feel that sellers of luxury homes will have to wait eons to sell their real estate, the numbers in these price points suggest otherwise.
Remember that investing in real estate property may cost money but with hard work and a little bit of luck, you may be able to recover you investment before you even know it. After that, everything is just profit.