If you are serious about selling, don't price yourself out of market. Overpricing is, by far, most common error sellers make. Although you might think of it as "leaving room for negotiation", you might only scare off potential buyers who could pass over it for more reasonably priced homes. They can't buy it if they don't see it, so get them in door. Better to stand firm on a lower asking price than risk discouraging buyers and creating a stale selling environment. To help you determine your asking price, contact a CRA (Certified Residential Appraiser) for a full market analysis and property appraisal and then set your asking price accordingly.

© February, 2004 - Xstream Realty Incorporated

There are basically only two fundamental things ordinary people have known for decades to achieving financial freedom:

1. Manage your time and money! Time and money are only two factors that keep people from achieving financial freedom.

To duplicate success of people who have reached financial freedom, you do not need to have self-confidence, super intelligence, high education, great luck, hard-work or great career path. Although those are all good characteristics, they are not fundamental to achieve financial freedom.

All you need is a good time and money management, which would also result in high productivity!

Invest your time in creating extra money that you can later invest. You can do that by taking up a part-time job or working overtime.

As soon as you have more extra income, be a responsible manager of your own money! Live less than your income so you can start investing. It is from investing in a business that will one day generate income for you and sets you financially free from having to work for a living.

As much as possible avoid borrowing money for anything at all. I believe everybody has been taught about negatives of being in a debt, but very few have been taught to consider benefits of being debt-free.

By being debt-free, you will have more money to invest. Ask yourself this question: how difficult would it be to create an extra $1,000 a month by cutting expenses and by investing money you normally use to pay your debt?

2. Start investing in your own business to create passive income! Passive income is income which requires little or no work at all. The example would be writing a book and get paid forever on it, traditionally investing huge capital or starting your own business.

As a passionate home-business owner myself, I believe that having your own home-business is by far most powerful way to create passive income. It takes only small start-up capital and you will have extra tax benefits.

It is easier to generate passive income by having your own business than by traditionally investing. If your goal was generating $40,000 annually you would need $1,000,000 to invest at 4% interest. Very few people have this much start-up capital.

But there are many ordinary people who have become home-business entrepreneurs and generated $40,000 annually by investing very small capital.

Finally, quoting Robert Bolton, "A belief is not merely an idea that mind possesses; it is an idea that possesses mind", idea that even ordinary people like you can achieve financial freedom should possess your mind and you will not be denied.