A property trader typically buys and sells properties straight on and isn’t interested in renting them out. This is similar in some ways to a developer, but he/she doesn’t always refurbish or develop property, but may just buy it below market value and sell it straight on without doing anything at all to it.
There are a host of ways to make money as a trader. Some traders may purely focus on auctions and find bargain properties which are being under sold at auctions.
They then either offer them straight into the normal housing market via way of an estate agent or through their own marketing. Or alternatively they will offer it straight back to the market via way of an Auction again.
It isn’t unheard of for property traders to buy property at auction one month and put it back into auction within a couple of months and make thousands of pounds in profit. In fact this is common for the trader who knows what he is doing.
Knowing how to successful trade properties is an extremely useful tool to have in your tool box as a property professional as it is another way that you can make huge amounts of money from property know matter what part of the country you choose to trade.**Nothing on this website should be confused with financial or legal advice. If you need this, or any other type of advice, please seek the help of a competent professional. In addition, because real estate laws change all the time and differ from state to state, and even city to city in the same state, everything in these pages should be considered general marketing advice and ideas. Please see link to full Disclaimer at the bottom of this page.