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Do You Need To Be In The Local Area To List A Property?
I have been a Real Estate Broker in Poinciana Florida for 18 years. For the first 14 of those I would rarely leave my community for a listing. Then the market crashed. The average home sale went from $225,000 down to $64,000! Do you have any idea how many $64,000 properties you have to sell to run a brokerage? A lot.
So in order to increase my income I needed to:
1. Charge a higher commission. 2. Charge transaction fees. 3. Sell more units. 4. Increase average sales price. My business is primarily listing Florida Short Sales and selling Florida investment properties.
Neither of these require me to be in the area of the property. Investors just care about the numbers and....
With Florida Short Sales folks are hiring me because of my expertise with handling the Short Sale negotiations. They don't care that I'm not in the area. I have actually listed properties as far away as Key Largo. Usually I partner with an agent in the area but not always.
When properties are that far away the Sellers take care of the pictures and lock box themselves. Buyers are handed over to local agents with no ... more
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