Remember that systems become more inefficient through time, and adopting new solutions for modern property problems is the only way both buyers and sellers can survive flat property markets.
(PRWEB) October 05, 2013
Rick Otton, the author of the best-selling finance book How To Buy A House For A Dollar, shares a solution on how to make profits on a flat property market.
SQM Research recently released the “Brisbane Housing Boom And Bust Report”, which claims that Brisbane property prices will remain flat in the remaining months of 2013, according to a report from Property Observer last 5 September 2013.
“Flat prices means sellers can’t sell their Brisbane real estate at the price they want. They could either sell it for the price they bought it or bring it down,” according to Mr. Otton.
“Property sellers in Brisbane, unfortunately, tend to choose the second option because that’s the process they grew up with, even if it’s not the best solution around,” he added.
As a solution, Mr. Otton advises sellers of Brisbane property that they should start using creative real estate strategies with their property transactions; so they can get more profit from their properties, despite the flat market.
“With creative real estate strategies, sellers won’t have to worry if their Brisbane real estate gets affected by flat pricing. They can still make a profit whether the market is up or down, because it’s not about the price you pay, it’s how you pay the price where the real profits are,” according to Mr. Otton.
“How you pay the price’ simply means making flexible payment terms that allows anyone to buy their own house without the need to save up a large amount of deposit or get a new home loan. This is important especially now that the banks are not approving new loans and the costs of living and house prices continually increase,” he further explained in the interview.
“Remember that systems become more inefficient through time, and adopting new solutions for modern property problems is the only way both buyers and sellers can survive flat property markets,” Mr. Otton said.
Mr. Otton will explain more creative property solutions at his upcoming Brisbane property event on 13 October 2013.
This will be the last time you’re going to see Mr. Otton live and in-action for 2013, so visit http://www.howtobuyahouseforadollar.com/ now to register.
About Rick Otton
For over 23 years property millionaire Rick Otton has built an impressive real estate portfolio using innovative strategies that he has developed - strategies in which transactions are made without the need for traditional bank-type loans. He constantly refines his techniques as he buys and sells properties through his We Buy Houses business which operates in Australia, New Zealand and the UK.
A gifted speaker and educator, Mr Otton conducts regular one-day free seminars across Australia, which build on the the concepts he shares in his 2012 book 'How To Buy A House For A Dollar', voted by Money Magazine and Dymocks Book stores as one of the Top 10 Most Popular Finance Titles for 2013.
He regularly records and publishes iTunes podcasts via his channel Creative Real Estate.
His innovative low-risk, high-reward approach to Australian real estate investing has been featured in a variety of television programs and magazines, including Today Tonight, Hot Property and Australian Property Investor.
To register for one of Mr Otton’s free Australian one day seminars visit HowToBuyAHouseForADollar.com.au or phone, in Australia, 1300 888 450.