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Updated about 6 years ago, 10/05/2018
Preparing for the market
I began my real estate and investing career in 2011 in Florida, I got to see the return of the market happen. Even as the market was recovering I noticed many desperate builders putting out commission incentives for agents to sell their newly built properties. There were some that agents could bring the buyer and make $20,000 or more on the sale. Even with the incentives, sales were incredibly difficult. I never managed to sell the incentivized homes (they were incentivized for a reason). The market is incredibly different today. Builders are incredibly busy here, some are even spread too thin and are having a very hard time meeting deadlines. As the market is taking a turn, what are builders and developers experiencing and changing to prepare? Thanks for the feedback!
- Nick Beveridge