Former salesman Stuart Atkinson (45) says:"Over the past few years buy-to-let property investment has become a major phenomenon that has swept us all along. How many of us would have thought at the beginning of the millennium of becoming serious property investors with million-pound portfolios? I am 45 years old and can never remember a period like this before where so much property development has occurred and where there is still so much opportunity."

Stuart's brainchild to help property investors is www.offplanpropertyexchange.com. It provides facilities to both buy and sell from as little as GBP99. The foundation on which the service is provided is based on the fundamental facility of buying and selling, just like a Stock Exchange.

Stuart explains: "Markets do three things - 1) they go up 2) they go down and 3) they stay the same. If you were a city trader and you had purchased stock that went down, you would recover your position by buying other stocks that have gone up.

"The same is true with property investment. If you find yourself committed to a purchase that has gone bad, the best way forward is to recover your position by making a shrewd purchase. There are more deals out there than ever. A good purchase can be re-financed to release equity. Equity gives fluidity and options."

He continues: "A lesson I remember from my days in sales is ABC or Always Be Closing. Closing is sales-speak for selling. You may have heard people talk about 'exit strategies'. Your exit strategy can be your key to success, as it gives you a way of getting out of what you got into. Having an eye on an exit strategy sounds a negative, but I believe it is essential to success. Best way to exit from a buy is to sell." -- Off Plan Property Exchange

0
vote

View Related News

Your comments...

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Lines and paragraphs break automatically.
  • Allowed HTML tags: <p> <br> <a> <em> <ul> <ol> <li> <strong> <blockquote>

More information about formatting options

3 + 4 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.