In April 47,250 new and resale houses and condos were sold in the state of California. That's down from 54,500 in March which is a drop of 13.3%. April of 2005 was one of the strongest months for real estate in California's history. What a difference a year makes. Sales were down 21% from last April. Even though sales were down, prices were not.

Seek to become the clients trusted advisor from the outset. This means building the relationship before the client really wants to do something with their property. Prospecting is essential every day of your business life. Your database is the tool to progress.



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?

Although housing has shown feeble signs of recovery, this economy has been a wake-up call to investors who thought they could ride a never-ending real estate development.-estate bubble for condo projects, land sub-divisions or international real estate in hot markets like Costa Rica, Mexico or Belize. Then there's commercial and office real estate, where many institutional investors have recently taken enormous losses.

What profit is the land likely to make? This includes making a great return on your time, energy and personal capital that you contribute to the project. In addition to money in your pocket, most good-sized land development projects end up using bank financing, private investors real estate company or service. a combination of the two. Both entities want back good rates of return.

Hotels and condos - One cannot predict the capability of cash flows, sales prices or rental values from these investments. It represents the worst case of investment. They bring along themselves the risk of reselling.

This would be the same for the furnace, siding, painting, clean outs, steps, patios, pavers, driveways, etc. So you see how this is one way to get comfortable with estimating the costs to renovate houses?

I believe you will do well by choosing benalus marbella The Neil Co. Century 21 Real Estate. It's a great company with great management, good history, and professional brokers.