Making Money From The Property Market

The onset of the recession may have spelt bad tidings for mortgage brokers, solicitors and removal firms as finance and lending criteria’s became more restrictive. However, recent uptakes in property sales seem to have created new opportunities for those who base their entire living on the property market…

One estate agency, Martyn Gerrard is reported to have witnessed sale increases of 75 sales during January and February - 32 more than the first 2 months of 2009!


Yet, whilst the property market is evidently improving, traditional methods for selling property seem to have all but disappeared…

Whereas in the past, estate agents would have had to spend a fortune to advertise their property investments in the press, this approach has vastly changed in recent years with more and more estate agents switching their attention to the internet and property portals.

However, this market place appears to be changing too with the use of traditional property portals such as Rightmove and Findaproperty taking a back-burner as many property advisors opt to establish property websites of their own.

And this has been greatly enhanced by the Office of Fair Trading’s (OFT) recent decision to change the role of estate agencies altogether…

In a bid to encourage more estate agents to base themselves as purely online agents, the OFT have stated that such changes could reduce the transaction costs of buying and selling property investments, especially if they are willing to help property owners to sell their homes without the use of an agent at all.

And it appears to have worked…

Alongside Sarah Beeny’s property website Tepilo.co.uk, other businesses are venturing onto the property market too, including Tesco who are reported to be working with Spicerhaart to create a cheap online-only estate agency known as Spareroom.

Original Article

More About the Author

Peter Franklin, Property Mentor Delegate

I used to believe stocks and shares were the only way forward, yet after 15 years of property investing, neither of these can compare with the sheer velocity or impact that property investment can have on your bank account. Only with property can you truly experience the power of being in control of immediate cash flow AND capital appreciation. Stocks and shares simply cannot compete. Read more