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BIG BUCKS IN REAL ESTATE
There are big bucks to be made through the buying and selling of real estate. Most investors, however, seem to want to buy high and sell low. This is obviously contrary to good business sense when profitability is taken into consideration.
The best time to sell real estate is when the market looks its best and the best time to buy is when the market is radically down. The rhythm always returns. There is no such thing as a market that goes straight up forever or straight down forever. There is an ebb and flow. Having faith in the fact that a bad market will eventually become a good one and that the only thing that is truly constant is change is the answer. Peaks and valleys are the parameters and a keen knowingness of when a marketplace has topped out…
Read Full PostPricing Strategy
Just about every MLS listing processed through the board is at least one price reduction too high. It seldom starts right on the money. If it did, the properties would sell too quickly and most sellers would angrily accuse the agent of listing it too low. A normal price reduction is 5% of the list price. A property listed at $199,900 would be reduced in most cases to $189,900 as a typical scenario. This is true for most residential properties. Many listings are two, three or more price reductions too high when first processed. A seasoned Realtor® will ask for an extension in time on the listing that is proportionate to the ratio of the pricing by comparison to the actual worth to make up for this. When it comes to selling homes, the market either comes to…
Read Full PostLisa Bomar, Your Realtor For Life
My name is Lisa Bomar. I am 34 years old and a lifelong resident of Orlando Florida. I grew up in the Downtown Delaney Park neighborhood. I have always been passionate about homes, interior design and real estate. My family has a long line of investors when it comes to real estate. I have been a realtor for several years now and I love waking up each day to know that I am going to sell homes and assist homeowners and future homeowners.
I am a single mother to a wonderful 13 year old son. He is a big help to me with Real Estate! He assists me with Open Houses, Passing out flyers door to door, stamping mail outs, etc. Anything to keep from cleaning his room!
I believe in giving back to the community! I volunteer my extra time feeding the homeless at the…
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Hello! I am Lisa Bomar, Your Neigborhood Specialist for the Florida real estate market! I am interested in educating buyers, sellers and investors with all aspects of Real Estate. Read More
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