article thumbnail

Benefits of Investing in New Construction Real Estate

Norada Real Estate

Buying a newly constructed home may also provide tax advantages, such as a reduced property tax rate for the first year and the option to claim mortgage interest and property tax deductions. This helps increase property values as more residents continue to move into the area adding to the demand and establishing the community.

article thumbnail

How to Grow Your Real Estate Business: 11 Tips + 1 to Avoid

The Close

I’ve turned rentals in lean months, and I’ve seen agents pivot to becoming mortgage brokers as well. Try drilling down into a profitable niche in real estate , like vacation rentals or probate sales. For 6.5%, they’ll pay for staging the property and provide a drone video. For example, for a 5.5%

Agents 96