Making Money on Lean Times as a Realty Agent

December 21, 2009 by  

Part-time realty agents may have a continuous income stream inspite of economic slowdown by resorting to the following ways: get a sideline job, have your properties leased, buy more foreclose properties and sell them, and trade-in properties.

Because economy has been greatly affected by the global instability, businesses of all types are striving toughly to survive in the industry. Real estate isn’t exempted from this; therefore, many are finding ways to cope up with it.. Here are ways to keep you financially stable even during lean times:

Have a Secondary Income-stream

During lean period, do not just sit and wait there for nothing. Do something to support your income by working on a sideline. Just make sure that the job allows a flexible schedule so that you can conveniently do two things effectively.

Have Your Properties Leased

If by chance you are capable of getting financing a property, buy one and have it leased. This would mean a steady and sure monthly cash flow to compensate for your lack of income.

Buy and Sell Properties

Many buy foreclosed houses or properties; renovate it; sell it. That is, if you have more than enough capital to finance this kind of business.

Do Trade-ins

Some property owners opt to choose trade in. You will never know you could be lucky with another person’s property more than the previous owner himself.

Real estate though is still making good for some areas. Once is in Cebu Philippines. Many foreigners with Filipina wives or Filipinos from abroad are flocking to invest in Cebu real estate.

Related posts:

  1. Make Lots Of Money Online With This Extra Money Making Idea
  2. Generate Real Results by Making Money Online Blogging
  3. Different Ways of Making Money Online
  4. How To Save Money By Making Your Own Biodiesel At Home
  5. How To Create A Money Making Product Review Site In A Few Short Steps

Comments

10 Responses to “Making Money on Lean Times as a Realty Agent”

  1. theriggs on April 8th, 2010 5:23 am

    was browsing for cebu coz i miss home when i came accross your vid..it’s good but what amazes me is that you really look like my ex ..your whole physical profile..but the eyes..every inch of you really looks great but his eyes, they glitter like stars against the velvet night sky :) have a great day and a great life with joy :)

  2. najannan bacchir on April 14th, 2010 12:14 pm

    Posted via email from Adventum’s Posterous

  3. usacommunity on June 26th, 2010 4:11 pm

    435000 homeowners kicked out of loan-modification – Listed: MSN …: Stay up to date on the latest real-estate new…

  4. News about Real Estate Investments » Archive » Real Estate Thoughts on Family Day on December 9th, 2010 10:49 pm

    [...] FINANCIAL SERVICES RESOURCE GROUP placed an observative post today on Real Estate Thoughts on Family DayHere’s a quick excerptAre You Thinking About Real Estate on Family Day?…As we celebrate “Family Day” in Ontario as our mid winter statutory holiday I wonder if we will be thinking about how important our real estate decisions a re on our family….Realtors are the ones in the know for real estate….We are truly rewarded for our real estate decisions!… [...]

  5. jollymandd on December 18th, 2010 7:07 am

    Real estate business is presently a topmost business to make money. Several people want to make career in this business but a real estate license is the basic requirement to perform real estate business. Real estate license enables people to buy and sell any type of real estate. It is true that real estate license is essential to start real estate business but the main question is that ‘how to get it’.

    Real estate laws for each and every state are different but real estate license is required in every state. The person, who wants to get a real estate license, should be of 18 years. That person should be graduated high school and should pass a written licensing test. These tests or real estate courses are necessary because real estate laws are so complicated and hard to understand. A person can easily practice as real estate broker after having real estate license.

    Real Estate Investing in Wholesale Properties
    Cash On Demand Real Estate System The Best RealEstate System Ever
    How To Find Wholesale Real Estate Properties
    Farming Real Estate Investment Areas
    Farming Wholesale Property Areas
    Wholesale real estate investing
    Ideal Properties in the Wholesale Real Estate Market
    The Cheapest RealEstateProperties Ever
    The Key to Real Estate Success
    Ideal Real Estate Properties for Wholesale Investing
    7 Reasons Why Foreclosures Occur
    The Basics of Real Estate Foreclosure
    Step 1 to Pre-Foreclosure Success
    Step 2 to Pre-Foreclosure Success
    Step 3 Selling the Preforeclosure Owner on You!
    Step 4 Performing Due Diligence
    The Real Estate Wholesale Market – How to Research and Qualify Homeowners
    Advantages & Disadvantages of Working in the Pre-Foreclosure Market
    Hot Bargain Real Estate Properties
    Real Estate Preforeclosures Profits
    Wholesaling Real Estate to Riches
    Tips in Buying Real Estate
    Buying Profitable Real Estate
    Affordable Real Estate Blog
    Blog on real estate websites

  6. перейти on February 27th, 2011 11:08 pm

    Phoenix Real Estate Agents Peunning -

  7. Moorejobs Associates on September 27th, 2011 8:41 am

    Voilà It’s the moment of truth: Michael Lee sketches out how a complex flow of cash and debt will see his company’s massive Nanjing project through to completion.’> Michael Lee is on the verge of becoming the first American entrepreneur to build big in the worlds most populous country. Michael Lee is eerily quiet as his world comes down noisily around him. Packed into a cramped conference room in his company’s modest offices in Nanjing, China, Lee’s key managers are at one another’s throats. The more angrily they spit blame at one another for the disastrous, unsalvageable situation the company finds itself in, the more enervated Lee seems to become, until finally he is no more than a slumped statue following the action only with slight movements of his eyes. The company has been piloting two stupendous commercial real estate development projects, one in New York City and the other here in Nanjing, a city of eight million west of Shanghai. Lee, who was born and raised in Taiwan and is…

  8. mdigitale on October 5th, 2011 3:11 pm

    For a thesis? No. Maybe for a quick thing you write to make a few dollars. A little real estate program would be good for a first year programming student.

    Maybe a language compiler that produces very highly optimized code.

  9. CL_kijiji on October 21st, 2011 10:18 am

    Jamaica Real Estate: Whitehall 3 Serviced Lots (Now Selling)

  10. Property India OR property india - Twitter Search on December 26th, 2011 2:57 am

    INLET ISLE Homes For Sale | Treasure Coast Real Estate -

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!