Remove Closing Remove Development Remove Mortgages Remove Probate sale
article thumbnail

Benefits of Investing in New Construction Real Estate

Norada Real Estate

They are typically not purchased from a builder or developer. New construction properties are those that are purchased directly from the builder or developer who constructed the property. Due to their modern amenities and energy-efficient features, new development might attract greater rentals than older residences.

article thumbnail

8 Red-hot Real Estate Niches That Can Double Your GCI in 2024

The Close

And with mortgage rates currently sitting around 8%, this puts homeownership on ice for many. When I was an agent in New York City, I made $1,500 to $3,000 per closed rental transaction. Agents who worked high-end exclusive rental listings sometimes collected five-figure commission checks from one closed rental deal.