IS YOUR CLIENT YOUR NEXT TWELVE CLIENTS THIS YEAR?:
This entry was posted on 5/9/2008 10:57 AM and is filed under Real Estate marketing.
If you have ever seen the TLC series, Flip That House, or Flip This House, you may have begun to notice a popular trend in home buying. TV and magazines are popping up every where articling the ins and outs of remodeling entire houses to sell them for profit. Home improvement has really gotten big! In a report released by the NAR, nearly one third of homes sold in 2007 were purchased as either vacation homes or investment opportunities. This is an exciting trend for real estate, not to mention for the earth, as options and opportunities for buying and selling broaden while recycling and reusing land and materials.
There is a very wide range of people who may turn entrepreneur, having the resources to embark on this interesting and profitable type of investment. Contractors and businesses of all kinds have taken the plunge. Individuals and families have the same opportunity to turn the profit for themselves. TLC's Flip This House details the professional affairs of an independent family who have taken on buying, restoring and reselling as a full time family business. The extent of who, and to what lengths, a buyer may serve this type of undertaking should not be underestimated in the eyes of realtors.
Flipping, as it is called, could really be viewed an awesome fruition of the American Dream. It provides anyone who has some resource, and determination, the chance to work for themselves, make a profit, and provide homes for families. It also gives new meaning to the relationship a realtor has with a client. It is no longer just about clients spreading the word to friends and family, who may buy another house in ten or fifteen years. Chances are this sell will be the first of six this year for him.