Hans Jakobi provides an important fact about real estate property values

Hans Jakobi has had more than 28 years’ experience as a real estate property investor and it has made him a multi-millionaire.

Here’s an important fact about real estate property values…

Many people have a hard time accepting what I’m going to tell you today - so grasping this important concept could help you become far wealthier more quickly, while other people wonder how you do it.

To put it simply - there is no ‘true’ value for a real estate property. It does NOT exist. Just as beauty is in the eye of the beholder, value is in the eye of the buyer (at the time).

Think about it, it’s a statistical fact that areal estate property may sell for more than expected and other real estate properties may sell for less.

Some people find it hard to accept that in every market, in all market conditions there will always be good buys for those who are willing to look.

If you don’t believe it, just stop and think about this for a moment.

Imagine you owned a real estate property and it was worth approximately $200,000. Now, imagine that you were able to sell this same property 100 times.

It would be reasonable to expect that around 70% of the time, the selling price would be close to $200,000, say $190,000 to $210,000.

However, there would also be times when it would sell for only $170,000 or $180,000.

This could be for a huge number of reasons…

…for instance, perhaps you put it to auction on a rainy day…or perhaps you were desperate to make a sale.

Similarly, there would also be days when you could sell it for $230,000 or more, because multiple buyers fell in love with it, and bid each other up.

The simple truth is this - there is no ‘fixed market value’ for a real estate property.

I’ve seen valuations by two different registered valuers which varied by as much as 50% of the asking price!!

I’ve personally bought real estate properties for significantly less than the owners paid for them many years earlier.

Not just once or twice either. - I’ve done it many times and you can too!

So really, what it boils down to for you is this - ‘do you know what a good deal looks like and will you take the necessary time to get out there and find it?’.

My goal is to help you become an excellent real estate investor - so be sure to look out for your next tip.

Warm Regards

Hans Jakobi – Your Wealth Coach®
Real Estate Secrets