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  1. #1

    Default Real estate industry - how to survive?

    How would you judge the profitability of real estate industry?

    Is it time dependent, Tactical, or situational?

    Time dependent as in - more time you've tied up money in real estate more profits you could gain. As real estate value appreciates day by day.

    Tactical as in - Buying or selling the right property at the right time

    Situational as in - not sticking to a preplan but being flexible enough to make real estate investment decisions as and when they are needed.

    Is it maximizing sales or minimizing costs?

    Maximizing sales as in - finding the best buyer, selling to the highest bidder.

    Minimizing cost as in - using low cost alternatives for construction, low cost advertisement, save costs on legal matters.

    Do all matter for survival or is it some matters a lot and some not much?
    Suzanne
    US Hidden Content

  2. #2
    Join Date
    Sep 2008
    Posts
    4

    Default Re: Real estate industry - how to survive?

    Hey

    It's a notable query.

    Well, I must say it would be better to be situational and keep eyes on market conditions.

    __________________
    Sam Thomas - Real Estate Agent
    Suite 16, los angelous, CA
    USA
    Last edited by jack09; 10-03-2008 at 05:16 AM.

  3. #3
    Join Date
    Nov 2009
    Posts
    2

    Default Re: Real estate industry - how to survive?

    I think it is both time dependent and tactical, To survive in this industry you need to be a little keen towards responding the opportunities so that you can grab them at time, Real estate industry is blooming with opportunities, no doubt there was a slight drop in the beginning of this year however its again open for the investors.
    Last edited by brayoon; 11-12-2009 at 06:51 AM.

  4. #4
    Join Date
    Jan 2010
    Posts
    3

    Default Re: Real estate industry - how to survive?

    You cant stay tactical always in business. There are some situations you need to make sudden decision from your gut feeling.

    real estate is a booming and interesting industry u can see its volatile too...

    With economies crashing, real estate is really going through bad phase. But in Long term it'll give great returns as its a scare resource

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