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Nesgroup address: alt.real-estate-agents - Date & Time for the message: / Author of the message: "Steve Horrillo" |
Title of the message: |
Realtors (Car Salespeople) versus Investors (Vultures)
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Text of the message: |
On 16-Jun-2005, "Steve" <tm4525@aol.com> wrote: > I don't see that investors have competition in real estate. There are > 100s of properties available. What are we competing for? Its not like > art collecting where you might want a particular piece. Investors look > for value and return. One indication that an area is overpriced, like > downtown lauderdale, is when owning costs more than renting in the same > area. In NYC you can pay 1.4M for an apartment, but easily get $6K/Mo > to rent it. Not so in most of lauderdale, indicating that the demand > for housing is lower than the demand by investors to buy on > speculation. Today's "investors", in many cases, are just people who > think that no matter what they buy it will be worth 20% more next year. > You don't seem to have any insight on the subject, nor have you said > anything to convince me that such value exists. You guys are just |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.