What"s The Best Wholesaling Strategy For The New Declining Market?
Are parts of the U.
S.
experiencing declining housing markets again? If so what are the best wholesaling strategies for flipping houses during these times? Many of today's real estate wholesalers got into the business in some of the toughest years this country's housing market has ever seen and are no strangers to working in declining markets.
In fact, there are probably many that wish the market wasn't as strong and healthy as it is today so that they had less competition and could pick up even more properties at even deeper discounts.
For a while now some fear mongers and attention seekers have been warning of the possibility of a new housing bubble.
One Orange County, CA broker even recently posted a screen shot showing all home list prices in a recent search trending down.
This is while San Diego and other parts of the country have recently revealed foreclosure rates are rising again.
So are markets declining again already, and what does it mean for wholesaling houses? Of course experienced wholesaling CEOs that have been around for a few years recognize that these data trends are really nothing unexpected.
Foreclosures may be increasing in a few areas where they have been bottle necked for the past few years, and the traditional, seasonal dip in home prices due to buyers being distracted with the holidays certainly isn't anything new or unusual.
This is the time of the year when veteran real estate investors often take the gloves off to take advantage of the dip in listing prices, lack of buyers to compete with, faster financing andhungry real estate agents to drive better bargains and lock in better spreads when making acquisitions.
So the best wholesaling strategy for right now? Get out there and make lots of offers, and be aggressive about getting the terms you really want.
With the last couple weeks of December popular for those burying year-end bonus money and last minute property gifting there are significant profits to be made from fast flips.
Those that hold or arrange closings for after the ball drops could cash in even more as activity surges again and prices and buyer offers spike rapidly early in 2014.
The bottom line is that steady nerves and understanding cycles (macro and seasonal) differentiate the real pros and those that enjoy that consistent see the most success in wholesaling houses year after year, and this year will be no exception.
S.
experiencing declining housing markets again? If so what are the best wholesaling strategies for flipping houses during these times? Many of today's real estate wholesalers got into the business in some of the toughest years this country's housing market has ever seen and are no strangers to working in declining markets.
In fact, there are probably many that wish the market wasn't as strong and healthy as it is today so that they had less competition and could pick up even more properties at even deeper discounts.
For a while now some fear mongers and attention seekers have been warning of the possibility of a new housing bubble.
One Orange County, CA broker even recently posted a screen shot showing all home list prices in a recent search trending down.
This is while San Diego and other parts of the country have recently revealed foreclosure rates are rising again.
So are markets declining again already, and what does it mean for wholesaling houses? Of course experienced wholesaling CEOs that have been around for a few years recognize that these data trends are really nothing unexpected.
Foreclosures may be increasing in a few areas where they have been bottle necked for the past few years, and the traditional, seasonal dip in home prices due to buyers being distracted with the holidays certainly isn't anything new or unusual.
This is the time of the year when veteran real estate investors often take the gloves off to take advantage of the dip in listing prices, lack of buyers to compete with, faster financing andhungry real estate agents to drive better bargains and lock in better spreads when making acquisitions.
So the best wholesaling strategy for right now? Get out there and make lots of offers, and be aggressive about getting the terms you really want.
With the last couple weeks of December popular for those burying year-end bonus money and last minute property gifting there are significant profits to be made from fast flips.
Those that hold or arrange closings for after the ball drops could cash in even more as activity surges again and prices and buyer offers spike rapidly early in 2014.
The bottom line is that steady nerves and understanding cycles (macro and seasonal) differentiate the real pros and those that enjoy that consistent see the most success in wholesaling houses year after year, and this year will be no exception.
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