Did you buy a property that you thought was a good deal, only to realise later on that the neighborhood was less than ideal, or that the property needed more work than you originally anticipated? This has happened to many commercial real estate investors and the way you react to the situation will determine how well you fare profit-wise.
Everybody has their favourite property listing tool, but why stop there? Listing your property in more places, means that more people will see it and you have a better chance of getting it sold.
With the increase in property listings being added every day, your listing could get bumped rather quickly and we all know that front page property listings are seen more often than any others. Keep your listing on the front page by promoting it more frequently.
Make a lot more money from the exact same sale price.
Create multiple streams of passive income for years into the future.
Give more buyers access to my property who never would have been able to obtain outside financing.
As a last resort, you may have to lower your asking price if you really want to get rid of that property from Hell that you have been sitting on for far too long. You may not make as much of a profit as you would like, but you won’t still be paying for a property that you can’t sell either.
Choose SRA as your experienced real estate agent – For more tips on how to become a more effective property investor, contact Sovereign Realty Advisors today.