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281. Navigating the Real Estate Market: Lessons from Incomplete Properties
Manage episode 463631745 series 3421327
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In this insightful episode of Be the Solution, Maria Quattrone discusses a growing trend in the real estate market: an increasing number of incomplete and unfinished investment properties hitting the market. Drawing from her extensive experience, Maria explains why this is happening, what it means for investors, and how to avoid these costly pitfalls.
From understanding accurate renovation costs to knowing the true ARV (After Repair Value), Maria emphasizes the importance of having a trusted advisor in your corner. She also shares actionable insights on expired listings and the strategies required to reposition properties effectively. This episode is essential listening for investors, agents, and anyone navigating today’s market challenges.
Key Takeaways:
- The Rise of Incomplete Properties: Many properties are hitting the market unfinished due to underestimated renovation costs or poor planning.
- Know Your Numbers: Accurate renovation and ARV calculations are critical for investment success.
- Expired Listings Need Expertise: Repositioning expired listings requires more than just adjusting the price—it’s about a strategic marketing approach.
- Trust Matters: Partnering with a knowledgeable advisor can save you from costly mistakes.
- Market Insights: Inventory is up 12% year-over-year, but sales aren’t keeping pace—highlighting the importance of diligence.
Quotes:
- Maria Quattrone: "Buying investment properties at the right number is critical—don’t rely on outdated renovation costs."
- Maria Quattrone: "It’s not just about getting a property under contract—it’s about getting it to the finish line."
- Maria Quattrone: "Having a trusted advisor isn’t optional in today’s market; it’s essential."
#BeTheSolutionPodcast #RealEstateInvesting #MarketInsights #MariaQuattrone #InvestmentProperties #ExpiredListings #TrustedAdvisor
Connect with Maria Quattrone:
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Facebook Page: REMAX at Home Facebook
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LinkedIn: Maria Quattrone
YouTube: Maria Quattrone
Instagram: @maria_quattrone
TikTok: mariaquattronerealestate
Website: MQrealesate.com
Office number: 215- 607-3535
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