Are you planning to invest in Cape Verde. The tourism industry in the area is on the rise and as population increases, supply will meet demand at a favorable position. Here are some tips that will make you ready before the time to invest comes:
Every time you buy a property, you will need to pay a commission to your real estate agent. This commission can leave a deep hole in your pocket. The trick here is to negotiate the rate of commission without having to stumble upon a bad agent. You know you get what you pay for. A report by Washington Posts claims that bad agents are usually willing to negotiate easily, but they are looking to make a quick profit. Stay away from these agents.
No, we are not talking about space and sci-fi movies. We are talking about real estate and there exists black holes in the system here. Black holes are invisible. Same way, there may come a time when your property falls into a black hole and becomes invisible to prospective buyers. No one is looking at or interested in your listing anymore. The reason behind this is that there are other listings and as new listings are added, your listing will get buried quickly.
Just as there is a hunting season after which you can officially begin hunting, there is a home buying season too. There is nothing official about it and you can buy and sell property anytime and anywhere, but for most professionals, President’s Day in February marks the beginning of the home buying season in the country. So, make sure that you are ready for it when the time comes.
Keeping in mind these tips will help you buy and sell properties with confidence while still making a profit in the end.