Is Real Estate Boom or Bust? Who Really Cares! Final Part in a 4-Part Series
The scales are balanced. Seller or buyer has no more leverage than the other. That’s good news for the real estate entrepreneur. After all one of the most challenging obstacles in the business over the past few years was finding a good deal. The sellers were arrogantly holding out for top dollar and sadly enough the day traders and retail buyers were racing to out spend each other. Things have certainly changed for the better as far as the entrepreneur is concerned. Sellers are beginning to sober up and come to the negotiating table with more realistic expectations. Buyers are still spending money on real estate.
Uh hum, are my wholesalers paying attention here?
With the scales balanced in most markets around the country, wholesalers should be making a truck load of money setting up the deal. After all, the wholesaler’s main focus is to solve problems for the seller (helping them get rid of their properties quickly without hassle) and the buyer, (bringing bargain deals).
I’ll end here with a provocative thought for you to chew on. With regard to the impact of media headlines, this a case of the market influencing the media or could it be….. the media influencing the market? Could it be possible that the media is giving real estate such a bum rap in effect, causing buyers to pump their brakes in panic, thus contributing to even lower sales? Now that deserves a scratch of the temple and a great big hmmmmm!
Friday, August 25, 2006
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