July 12, 2010
Real Estate Marketing | Important Tips For Aspiring Part-time Real Estate Agents
If you are interested to become an investor in these types of properties, it is ideal that you become aware of what you should do when it comes to real estate marketing strategies in order for you to earn a lucrative income in this type of business. Real estate is an interesting industry but it also be full of challenges, learning some valuable tips would make it quite easier for you to engage in this type of industry.
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4 Comments on Real Estate Marketing | Important Tips For Aspiring Part-time Real Estate Agents »
May 24, 2011
Landlord @ 2:52 am:
You have to have the conditions that existed in 2000-2005-ample credit and money available cheap, many people willing to buy (settle in one location) or in need of housing (rents would have to be equal or higher than cost of ownership to entice people from rental market), secure job market and high consumer confidence.
September 3, 2011
Snark⢠@ 3:21 am:
It's pretty much nationwide. When someone says "it's a buyer's market", that means there are more sellers than buyers, and some sellers are so desperate, they'll do just about anything within reason to sell. It doesn't really mean buyers have it EASIER.
September 10, 2011
rightlineediting @ 6:28 pm:
I came across a software called Smartdraw. I use it to make charts and stuff for presentations to my senior managers (I'm a design engineer), but it also has a few templates for real estate flyers and some brochures. It's something to start off from, but you can probably add some of the floor plans in there, which is another built-in function.
I think that if you were to use your budget the most effectively, I would just make a brochure that is more like a spec sheet for each house that has all the info that a buyer would want. You can put a whole bunch of these sheets into a little booklet and leave them inside the houses and distribute them to realtors. (Alternatively, you can just have the loose sheets and distribute those card stock folders to put them in. You can see which houses attract the most attention by seeing which sheets you have to reprint the most.) It kills two birds with one stone – you advertise this particular house while showing similar houses that they might want, hopefully keeping the business in YOUR business.
Also, if you can afford it, print it in COLOUR. It makes a huge difference. Include pictures of the place's best selling points.
November 16, 2011
Expert Realtor @ 9:54 am:
It is a buyer's market. It really doesn't sound like you are in a financial position to purchase an investment property right now.
The rule of thumb in an investment property, is that you should only buy one if the rent is not required in order for you to easily afford the mortgage payment. If you have that kind of income, then by all means invest, but if you will be in serious financial trouble and have to dig into savings for the mortgage in the event you will be short a rental…then you need to wait until your income is higher.