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Tips For Real Estate Agents - 5 Tips for Higher Returns
Now that the real estate market is starting to improve, you may be wondering what you can do to start improving the returns you could realize in the market. Depending on your area, sometimes the low selling prices make this easier, but most of the time it takes more. Here are five tips that can help keep you on track to maximize your returns.
First, for buyers looking to scoop up some investment pieces, financing rules have been relaxed and it can be easier once again to get financing. This gives you a chance to get a potential investor or homebuyer into a better property than he or she might have otherwise been able to buy. That higher priced property means a higher return – and a bigger commission.
Second, encourage your sellers to do some basic remodels, too, in rooms that return nearly 100% of the investment or more back to them. They should be strategic about what remodeling projects they take on. A new house will not benefit from a remodel, but a house that looks dated or even has some damage in the k....contd...