Buyer agency is an undertaking by a property agent to secure a property that matches the buyer’s requirements on the best terms possible; assigning the agent mandate to search for the property, negotiate terms, sorting through due diligence and manage the transaction through to closing.
Land banking is a real estate investment scheme that promises above-average returns at a predetermined future date. Equally, for the high returns they promise, they carry significant risk because there is no “real” transfer of the property to the investor. But do they deliver?
What key takeaways would a successful real estate investor offer? Roadmaps are a great tool for providing direction. There isn’t one way to do anything successfully. The knowledge and skill of those more experienced can be helpful in navigating the journey.
Mortgages naturally fall into default when borrowers become financially incapacitated. When this happens, financiers take measures to recover outstanding debts. In this ignominious space, the tenacious property investor can find the opportunity for growth.
Soft markets also called the buyers’ markets, are the real estate investor’s joy – an idyllic condition where supply outstrips demand. In this market, buyers rule! This dominance allows buyers to push down prices and in the process secure huge price or quantity discounts.
Bargains abound in the property market. Committed property investors set off to find them and muster the resources to carve out the lifestyle they desire. So where do these bargains “reside” and how can they grow your income to create financial independence for you?
Off-plan investing is a great way to secure bargains in the real estate market. The smart investor is also cognizant that great bargains in this market also portend higher risk and so before you jump right into it, an awareness of how to manage risk is just as important.