Essential information for anyone with property
Real Estate Dangers and How to Avoid Them is a must-read guide for anyone thinking of buying or selling property, or becoming a landlord. Whether you’re looking for your dream home, to sell a property, or to invest, flip or rent out an existing investment, this book is packed with the insider information you need to avoid getting ripped off. By shining a light on the flawed and unnecessary aspects of the real estate industry, this book will help you make smarter decisions based on knowledge rather than “advice,” saving you time, money and headache. Stories of those who have seen the dangers highlight the ways in which this outdated system takes advantage of first-timers and experienced investors alike - and expert guidance shows you how to steer clear of the traps and pitfalls lurking around every transaction.
Nearly everyone will have their hands in real estate at some point, and the real estate industry can be intimidating - after all, you rarely make financial transactions this large. But the truth is that the industry can be quite simple and can go quite smoothly, if you eliminate the distractions and focus on making smart decisions. This book shows you the real truth about the industry, helping you:
- Avoid the traps that rip off buyers and sellers
- Make smart decisions, minimise financial risk and let the system work for you
- Identify unnecessary add-ons and bogus charges
- Learn the tricks of the trade so you can save your money
- Become a smarter landlord and attract quality tenants.
With clear, no-nonsense advice for buyers, sellers, landlords, and flippers, Real Estate Dangers and How to Avoid Them arms you with the knowledge you need to succeed in the property business.
Table of Contents
About Andrew Trim xi
Acknowledgements xiii
Introduction xv
Part I: Becoming a smart seller 1
1 The importance of pricing 3
2 The two lies 19
3 Choosing an agent 31
4 The method of sale 49
5 Smart marketing decisions 87
6 Presentation and renovation 105
7 Negotiation 115
Part II: Becoming a smart buyer 129
8 Purchasing dangers 131
9 Negotiating the right price 135
10 The purchasing process 143
Part III: Becoming a smart landlord 159
11 The smart investment purchase 161
12 Being a landlord 171
13 Selling an investment property 195
Conclusion 201
References 203
Index 205