zack childress real estate is an art to be mastered, but there are many flaws that are need to be addressed.
Zack Childress real estate reviews addresses the issues faced by the investors.
The following are the complaints / issues faced by the investors
- Local market conditons
- Emotional quotient
- Overpricing and under pricing
- Hign condo fee
1.Local market conditions
The real estate industry is quite unpredictable as we aren’t sure about the local market conditions. The local market conditions are to be monitored as home selling/buying depends on the market value.
Many sellers get over attached to their property and burst the emotions out when they are about to sell. Consider the home as your asset alone, so when you sell, the profit you make out of it matters more.
3.Overpricing and under pricing
Real estate agents get the listing price of all the properties first, so pricing the property is considered to be the biggest challenge. At this juncture, the agents should advise the clients about the consequences of overpricing. For new investors, showing evidences and statistics of overpricing will help them to understand better. Overpricing is a bad idea as it will not help your property to sell on time.
Under pricing is also considered to be unrealistic, a property must be priced appropriately considering the condition of the home, current economy, overall market value.
Neighborhood is an important factor to be considered, one may like a home but not its location. At that situation, it is the duty of the agent to enlighten about the neighborhood reputation and improvements that have been made inside the community.
The increase in population will have an impact on the real estate market like housing, retail and health care etc and it will create a demand in the real estate market.
6.High condo fee
People aren’t aware about the burden that is put onto their shoulder because of condo fee. Investors prefer investing in condo but don’t have a control on the fee which is regulated by the condo board.
Identity theft scam is very common where crooked scammers steal the information posted on the rental site; they approach the landlord that they require home temporarily like vacation home or sometimes permanent home. They deposit checks that are more than landlord requirement, after depositing they threaten the landlord to return the difference amount. Once the landlord repays, he will come to know that check is bounced/doesn’t exist and he has been betrayed.
There are several other scams that can happen due to various reasons; Zack Childress blogs will help the new investors to prevent them.
Zack Childress, the real estate mentor has written various articles and conducts seminars, webinars for the investors. In case you are looking to invest, you can visit REI quick cash system to know the key aspects of real estate marketing.
Zack Childress automated wholesaling system provides free access to the investors where they can co-wholesale without using money or credit.