Here’s entrepreneur and beach lover Donald Trump on the matter: “It’s tangible, it’s solid, it’s beautiful. It’s artistic, from my standpoint . . .” No, he wasn’t talking about his comb over, he was talking about real estate.
He may have a good point; if you haven’t heard already, Scotland’s property market is booming. And what’s more, it shows no sign of slowing down any time soon. 2015 has kicked off where 2014 left off.
And that means there really has never been a better time to be in housing and real estate sales in Scotland.
Fancy a career that is safe as houses?
Last year saw £15 billion generated through Scotland’s house sales, an 11.6% increase from the year before. Recent figures have also shown the average house price in Scotland has rose by £6,700. And that’s just in the last year.
A recent report by The Royal Institute of Chartered Surveyors has forecasted a 4% rise in house prices this year too. The market is thriving, and Scottish housing records have proved to be mere folly to the housing markets meteoric rise. Moray and Edinburgh excelled, with a 24.4% and 13.7% rise respectively.
Scotland’s position is especially surprising given England’s – rather London’s – property market stalled at the beginning of the year, threatening to leave Russian oligarchs shivering by the embers of the last of the broken-up Louis XVI chaise lounge.
Scotland’s market even survived early scare stories that the market would flounder during the independence referendum. It didn’t.
But there are reasons that more people are investing in property in Scotland. And the government have played a big part. Initiatives such as the “Help to Buy” scheme are giving people the chance to get onto the property ladder, or even move up it, by helping people buy a home with a 5% deposit.
Stamp duty is set to be replaced with the Land and Buildings Transaction Tax, which will force high-end property buyers to pay more tax. As a result it will minimise tax or even eradicate it for low-end property sales. These schemes have sparked renewed interest to the benefit of property salesmen across the country.
A bustling market for property means a bustling market for property sales and that means new job opportunities abound across the sector.
So if you have always fancied yourself a super-duper sales person, now could be the best time to consider a career in real estate. If in doubt, remember these wise words: “I made a tremendous amount of money on real estate. I’ll take real estate, rather than go to Wall Street, and get 2.8 per cent. Forget about it!”
So said Ivana Trump, one time lover of the comb over . . . and multi-millionaire.
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