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According to NAR, the majority of investor business comes from everyday people whose total household income is less than $87,600 a year. Which is basically two people making $43,000 a year. That means teachers, lifeguards, and even government employees are buying investment properties. They are untapped leads in your sphere of influence! They are buying [...]
There have been reports that deals on foreclosure inventory have been tougher to find since the “robo-signing” scandal took effect. According to CNN, some markets are seeing the number of properties coming to auction drop significantly. This information is invaluable to both the real estate investor and the investor agent. Knowing where the deals are [...]
According to the most recent Existing Home Sales Report from NAR, investors were responsible for 36% more transactions in October of 2010 than the previous year. Several factors could be the reason for increased investor confidence, including distressed properties offered at a discount and declining vacancy rates. Agents who can speak investors’ language are well [...]
Good news for investors: Fannie Mae recently reported that national vacancy rates for rental properties have steadily declined through 2010. Fannie also predicted an increase in home sales for 2011, and noted that distressed properties accounted for one-third of home sales in Q3 of 2010. Investors have a unique opportunity in today’s market to buy [...]
The Dallas Morning News recently reported that gross agent commission for Realtors has plummeted by 50 percent in the last five years. Meanwhile, only 49 percent of real estate investors closed with an agent in 2009. According to industry estimates, this could mean $18 billion in missed commissions is at stake. Establish your competitive edge [...]
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