Monday, 3 September 2012

Ethical Real Estate Strategies to Make Money

Real estate is a common topic to be discussed in which you can make more money within a short span of time. To earn more money in real estate, you need to find the ethical ways of investing in commercial real estate.

Renovating / Renting: This is the most practiced technique of real estate investment. Buying a house below the market price, renovating and selling it for a profit when the market is at upswing is the most widely used tactic to earn profits.

Real Estate Agent: This is the safest way to earn money. You need not buy nor sell anything. Instead you can earn money in the form of commission by guiding people to buy and sell houses.

Buying Wholesale: This might look unethical if the buyer comes to know but you can make more money by buying wholesale.

Leasing: This is a method used by people who cannot meet the requirements for a mortgage. This is a sensible way of earning a great sum of money.

Flipping Houses: You need to have negotiating skills and a sound knowledge about home prices, repair and upgrade costs.

Consultation Work: This is another type of work in which you can offer advice to clients in buying and selling properties.

Buying land: Buying a vacant land and selling it when the market situation rises is also a great way of earning money.

Online and Offline Marketing strategies in Real Estate

In today's market situation, you must know how to market yourself online and at the same time you must know about marketing offline. To succeed in real estate, you must work hard both in online and offline marketing.

Offline Marketing


Offline marketing has evolved over a long period of time before the advent of computers and internet. People used Billboards, Ads in the press, radio and television, brochures and flyers to market themselves offline. To succeed in offline marketing

you can rely on books, magazines, billboards and you should also build a very good reputation in your local area. A direct mail campaign can also be used to market your real estate investment. You will only pay for the copies, envelopes and for the cost of mailing.

Online Marketing

Nowadays, investing in real estate can succeed only if you have your own website and devote time for online marketing. The easiest way to become popular online is by distributing freebies and offering discounts. Through online marketing, you can make your real estate operations reach a wider audience and they can even view the photographs of properties.

If you want to gain more knowledge about offline and online marketing strategies, you should find a mentor who is experienced in real estate marketing.