The agent should be flexible in managing time. Being a real estate agent demands a lot of patience and being responsive. Study the market; price it correctly so that this too may not fall the next day. Federal housing loan rates have revised now and there prevails a real estate slump which is unforeseen. Buyers do not like homes that need repair works and so they may reject the same. Similarly, speculative investors are either forced to sell at loss or wait for unknown periods of times.* In case of mortgage loans, the cash flow by way of rents will continually reduce the principal borrowed.* Failing pension system with growing inflation has added to the woes of the retirees and employees. Problems stare you in the face if you are invested and even are looking to invest. Gauging by the market trend the average market value of the homes has risen by 50% in the past 10 years. Holding even at the time of steep fall of the prices hoping for a come back would be a folly. Why The Rush To Invest In Real Estate?* Falling stock market has generated fear psychosis among the investment community reminding them of the Great Depression. The loss incurred by under pricing would have helped in paying off the agent’s commission. Rising interest rates may divert the investors as the memory of the dotcom bust is still fresh. You not only get entangled in legal issues but face the threat of loosing the capital either entirely or partly.7 Nothing

Professor Charles E. Rounds, Jr., (born 1947) is an American lawyer and professor of law at Suffolk University Law School in Boston, Mass, U.S..

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