Lolest! wrote:What about brokers? Saw some ad for land on fb. Ad claimed the good agric land on offer was a great buy at 160k per acre...There were great pics of green maize.The place looked beaurifoo! I started sallivating...
Then I asked a guy in the office. Shocker! The area is mostly dry and selling prices never get past 80k and even then getting buyers is hard! The photos were taken during the Ninyo!
So this broker dude pretended to be one of the small buyers who needed others to join him in the purchase but then he doubled the price
Total size 40acres
GP per acre 80k
Just for marketing it on fb!
Brokers can make big money, I remember some land I was brokering at Imara Daima ( still on sale) it was 6.5 acres going for 140m each that is 940 M, I got 2 buyers negotiated a 3% commission with the seller and a 1.5 % commsion with the buyer if I oversaw the whole deal successfully ( they were all to deposit into an escrow account, I was looking at a cool 40m straight from college, somehow lost the buyers but if you imagine guys doing this daily then yes it's possible.
To Each His Own