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Gerald Lucas

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Can You Save Money Selling A Home Without A Realtor?, The Truth About Home Renovation ROI, How Much Did US Existing Home Sales Increase In February?

March 24, 2026 Gerald Lucas

Can You Save Money Selling A Home Without A Realtor?

Real Estate Tip:

Think twice before sinking a lot of money into a home renovation like kitchen or bathroom remodels, pricey fixtures and fancy alarm systems--on average, capital improvements add only 50% of their cost to a home's value which makes them poor investments financially!

Real Estate News:

US sales of existing homes rose 1.7% in February.

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Tags Gerald Lucas, real estate tips, real estate strategies, realtor, transaction costs, commission, net profit, sale price
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How The MLS Helps Homeowners Sell For Top Dollar, Real Estate Auction Risks To Avoid, Existing Home Sales Fall AGAIN

December 12, 2023 Gerald Lucas

How The MLS Helps Homeowners Sell For Top Dollar

Real Estate Tip:

Be very careful if you participate in a real estate auction. Auctions encourage impulsive behavior and at most auctions there's usually someone dumb enough to pay too much for a property-- better to let that person win. No one ever got rich paying too much for something!

Real Estate News:

Existing home sales fell 4.1% in October from the prior month to the lowest seasonally adjusted annual rate in 13 years.

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Tags Gerald Lucas, real estate tips, real estate strategies, MLS, multiple listing service, realtor, local broker marketplace, price, net money, highest price
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Simple Way To Make Money Part Time In Real Estate, How NOT To Value A Property, Office Property Owners Struggle

July 18, 2023 Gerald Lucas

Simple Way To Make Money Part Time In Real Estate

Real Estate Tip:

Never use a seller’s asking price as a gauge of market value for a property. A property owner may request any price for his property-this may or may not be anywhere near market value. The current market value of a residential property is based primarily on what a similar property has sold for in the last 6 months.

Real Estate Insight:

Owners of many office properties are struggling to find buyers due to high interest rates, and declining occupancy & cash flow.

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Tags Gerald Lucas, real estate tips, real estate strategies, real estate wholesaler, wholesaling, contract, realtor, arbitrage, assign
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