The loss incurred by under pricing would have helped in paying off the agent’s commission.8 Real Estate Tips to Sellers and Speculators Rise and fall of the prices of homes is nothing uncommon in real estate business. Once the deal is agreed upon, the agent should coordinate to get the deal closed. A week’s or a month’s prevailing price may not hold true for the coming days. Making quick money is something that takes a lot of preparation before investment, when you are still invested and when selling or closing the deal. You can’t enquire and cross check this beyond a certain point and will decide to by gut feeling alone. An agent and a broker have different roles in real estate business. Unlike in stock and shares investment arena, you don’t have enough instruments in real estate to spread your risks and investment. Wealthy brokers can wait till turn around of the market and still make a profit but they are still tied down by the blocked money. Consequences like lean incomes, interest on the borrowed monies bother you. They will have to meet prospective buyers very often to talk about and show available properties. So having a fair idea of pitfalls in the professions goes a long way in saving your skin in crucial moments. The agent can buy or sell the property only if the people are comfortable with him in buying or selling it. Study the market; price it correctly so that this too may not fall the next day. At the negotiating table, while bargaining, do not hang

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