Alexandra here... your reporter at large, covering great customer service or the lack thereof. There is definitely an important lesson in this for your luxury real estate marketing practice.

Read over the homeowner's association rules, regulations, and guidelines. Check into what you can do with your home as far as outside colors you are allowed to put on your home.



Many times a seller will select a broker based upon a referral. That is fine as long as that broker is experienced in your market and is not the husband or wife of friends who just entered the real estate in Marbella. estate profession. Stay away from that! As much as you would like to help friends out, why would you screw around with your major investment in the hands of an amateur?

You may be wondering how you can start in this trade with a small budget. A lot of investors shun investing in real estate because they think it's too costly. That's especially true in real estate development. However, flipping is a different trade. You place properties under contract and then sell that contract to interested buyers. Since you won't actually buy the property, you won't need a huge capital to make investments in wholesaling.

Not knowing or being comfortable with the selling price after purchasing and renovation is completed. This is also known as the "After Repaired Value" real estate company or service. ARV for short.

I would leave those renovations to the expert investors or the true contractor investors. Also, you usually only find investors doing these type renovations in the higher end homes and neighborhoods. This is because adding larger room additions and changing the original layout of the house can be recouped with the higher selling prices. And even at that, you will usually only find these being done in pricier neighborhoods.

First Tip, the company must be credible and have a website. A website creates visibility online and allows you to research them to see who they are. Their website needs to very clearly display pictures of the companies' employees so that you know who you would be working with. This is critical for you to truly know who is behind your investments. Second Tip, their should be a tab that allows you to look at availability. If they have available properties on their site, this shows that they are buying and buying often, creating opportunity for you the investor.

Remember, real estate leads aren't guarantees, they're opportunities. And your lead generation company is the one offering you the opportunity. It may take 2 months to close a lead. It may take 2 years. Either way, examine your methods before you blame someone else for palacetes de banus you failure if you're not converting your real estate leads. Just remember that someone else is closing all the real estate leads you ignore!