Real estate is a business which is bought and sold every day. With just little information many people become real estate agents and help facilitate a sale by finding a buyer for a seller hereby getting commission.
Getting a real estate license is very simple but to succeed in the strong competition among other real estate agents requires a lot of hard work and struggle. They need to continue education classes and follow the guidelines set for them.
Flippers are investors who buy properties with the intention of selling it for a profit. A flipper will only spend short time with a deal and the profit potential will be much more than the agent's commission.
Three Types of Flippers
Scout
Scout is a person who finds and sells deal for a profit. Their job is to gather information and provide it to others for a fee. This fee depends on the price and profit potential of the property. Scout can make about five hundred to one thousand dollars on every deal.
Dealer
A dealer locates a property and signs a contract with the owner. Apart from providing information, he has control over the property and he gets more profit and assumes more risk than a scout.
The Retailer
A retailer buys the property from a dealer and fixes it up to sell it for a full price. Compared to other flippers, retailers invest more money and can make the largest profit on a deal than others. A retailer takes months to realize his profit whereas a scout or dealer makes money within few days.
For more information about visit: http://www.rementor.com/
Getting a real estate license is very simple but to succeed in the strong competition among other real estate agents requires a lot of hard work and struggle. They need to continue education classes and follow the guidelines set for them.
Flippers are investors who buy properties with the intention of selling it for a profit. A flipper will only spend short time with a deal and the profit potential will be much more than the agent's commission.
Three Types of Flippers
Scout
Scout is a person who finds and sells deal for a profit. Their job is to gather information and provide it to others for a fee. This fee depends on the price and profit potential of the property. Scout can make about five hundred to one thousand dollars on every deal.
Dealer
A dealer locates a property and signs a contract with the owner. Apart from providing information, he has control over the property and he gets more profit and assumes more risk than a scout.
The Retailer
A retailer buys the property from a dealer and fixes it up to sell it for a full price. Compared to other flippers, retailers invest more money and can make the largest profit on a deal than others. A retailer takes months to realize his profit whereas a scout or dealer makes money within few days.
For more information about visit: http://www.rementor.com/
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