There are living examples in between us. Study the market; price it correctly so that this too may not fall the next day. Grossly this is a seasonal business for all those involved. Judgment in salability can’t be accurate; however lack of alertness and awareness for correcting mistakes almost invariably puts paid to investments. But the lure of getting more out of the market is not correct. Theirs was the investment. Similarly, speculative investors are either forced to sell at loss or wait for unknown periods of times. The loss incurred by under pricing would have helped in paying off the agent’s commission. Rising interest rates may divert the investors as the memory of the dotcom bust is still fresh. How Lucrative Is The Real Estate Business?Real estate has wide options for making money; one being to buy and either hold it or rent it. * Since an agent works for a broker, under whom, many other agents also work; he needs to know the whole setup of the business and how it is run. This rarely does happen with real estate investors. These brokers, in addition to brokering deals, also enter into contracts with sellers for selling off their property by making a down payment which obligates them to sell at higher than the contracted price. An agent who wins the confidence of the seller and includes the property in his own listing is considered to be the successful. However, there is legal redress available for this. Lesson: longer you are invested better will be the return; no room

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