Investors have a lot of options when it comes to real estate. Some are hands on — such as flipping a house — while others are more passive investments.
Before delving into real estate investing, it’s important to know the available options to find what best suits your financial goals. Here’s a look at seven types of real estate investing.
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Open houses…are they really effective?
Real estate agents swear by them, while others say they’re a waste of time.
Of course, it’s up to you as the seller to decide whether or not to hold an open house, but here are a few best practices to consider.
The “dos and don’ts” below reflect the experiences of countless sellers and their agents in a wide variety of markets, so as with any marketing effort…choose what will work for you!
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If you’ve decided to sell your home, expect to perform minor repairs and enhancements as part of the preparation.
Small things like replacing rugs, door handles, and decluttering can help your property become more attractive to potential buyers. Preparing your home well can also help preserve its fair market value and make it more welcoming to people interested in acquiring your property.
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Most of the U.S. has been experiencing a red hot seller’s market this year. While there was uncertainty about the state of the housing market at the start of the pandemic, sellers are now getting top dollar for their homes, and buyers are having a hard time snagging them.
The question on many buyers’ minds is when the tipping point will be. When will we start to see a shift from a seller’s market to a buyer’s market — will it be this year?
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Many people are under the impression that they need to completely renovate their entire home to change its style and add value. Before you bring out the bulldozers and begin heavy remodeling work, you should know about a few easy ways you can improve your home’s style while making it more attractive to buyers. Learn how to increase the value of your home with these simple modifications.
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