Real estate has long been the go-to investment for those looking to build long-term multi-generational wealth. In red-hot real estate markets, a property’s time-on-market is often single-digit days, and a “fix and flip” investment is fast becoming a tempting strategy.
But as with any business decision, you must take some precautionary measures before diving in.
A “get rich quick” attitude to flipping a home could have you ending up in the poorhouse, and your project turning into a bottomless money pit.
There’s a whole lot of house moving going on right now, as worldwide property sales reach levels unseen in decades. With this brings stiff competition amongst brokers, causing some agents to go above and beyond – even after the deal is done.
So how can agents think outside the box when it comes to building long term client relationships, and leaving that all important lasting impression?
We’ve all heard about that agent who remembers their client’s birthdays, sending cards, flowers or baskets of chocolates. It’s not rocket science, but it’s the little things that can really count.
Covid-19 has shaken the confidence of an endless list of businesses around the world. But when it comes to PropTech, Founders and Investors aren’t worried. Are we about to witness a bull-run on PropTech and if so, how can real estate companies, startup founders, and investors, position themselves to seize the gains that lie ahead?