Luther Ragsdale

How to Successfully Run a Real Estate Business

Real estate investing requires serious money, and when it comes to making money in real estate investing there are only a few ways to do it. If you’ve decided to enter this business with contracts worth millions of dollars, and commissions with more zeros that you’ve probably seen in your life, it is important to know the rules by which it operates. Prominent business owner, Graceland University scholar, Luther Ragsdale has been in this business for almost three decades. Taking into account all of the previously mentioned facts, the best way to make it in this business is to play it safe. But before you enter the game you first need to ensure that you know the rules of playing, and that you’re at least armed with the business basics like knowing the legal framework of the country in which you’re planning to start your real estate business. Being in the business himself, Ragsdale knows firsthand just how competitive and harsh this business is, so unless you want to see your money go down the drain, you better be prepared and ready for the journey ahead.

As Luther Ragsdale informs on his Blogspot blog, in recent years there have been some significant changes in the legislations that regulate the real estate field, and it is of utmost importance to know the working terms. A good salesman is the basis for success in every company, especially in real estate agencies The difference between a good and an excellent real estate agent is that the first one can sell a property for the optimal price, and provide the client with the kind of apartment that he wanted, while on the other hand, the second one will know how to add value to the apartment by highlighting all of its advantages, and can close the sale or lease for a higher amount that will bring him a nice percentage. So the first advice that Ragsdale can give you is to be a real estate agent that can finish off any work accepted, so that all parties involved can be satisfied.

A good real estate agent is not only a good seller, but also a good mediator, a marketing expert, a person for public relations, and a person who knows how to estimate the value. Luther Ragsdale notes that every agency, depending on the country in which it operates and the agreement with the client, on average receives around 3% from a sale, which means if you’re able to sell an apartment, at a price of $100,000, the net profit will be $3,000 or more, which is higher than the region’s average salary.

This page has tags: