This situation really illustrates the danger of owning rental properties and having "no cash on hand for the repairs".

The second best time is now.For a personal anecdote to illustrate that we've still got plenty of room to grow, in October of last year I purchased a home in Sacramento for $260k, and right now my next door neighbor who is a model-match and the near-perfect comp is set to close on selling his house for $320k :-D That's a whopping 23.07693% yearly appreciation my dear friend.

Because the cash price is less that illustrates who would otherwise pay the increased cost if it wasn't cash.Thus for the buyer to NOT use an agent to represent themselves, now that's paying for something while getting nothing in return.

I've included an example below to help illustrate this.  

This illustrates the popularity and value for money in Phuket when compared against property values and rises in Bangkok and throughout most of Asia over same period!

There are also the diggers and go-getters - a good illustration of the 80/20 rule.If an agent is representing both the vendor and the buyer {double ending}, it must be disclosed up front - in any  jurisdiction where we have operated both vendor and buyer will be asked to sign a dual agency agreement acknowledging their awareness of the agents role(s) before any offers are submitted.While I agree with you that many agents (the 80%), in the residential space, are simply tour guides with lock-box access.  

This process is illustrated below.With interest rates now over 7%, our previous process no longer works.

I'll post a follow up on implementation in a few weeks.Yes, it was meant to be an illustration, using small, simple numbers for simplicity, not an absolute:Let's say I spend $200 extra dollars on insurance for comprehensive insurance (this is assuming we agree that spending money on liability is a good idea) for a unit, and that unit rents for $500 per month, or $6,000 per year.

I've gathered some data from HAR on the famous 'Energy Corridor' area of Houston, to illustrate some of the changes/activity in the r/e market over the last 15 years.

For updates please comment as we will be posting development photos with illustrations.