Tips For Buying Dallas Real Estate
by Jordan Hashem
When you're buying a new home there are a lot of things that you need to consider. When you're buying a new home in Dallas it's always best to let a Dallas real estate agent help you purchase the home so that the process goes smoothly.
A Dallas real estate agent will be able to help you narrow down the perfect location for your home and can also help you find several homes in the right price range so that you'll have a choice of houses to choose from.
Selecting a qualified Dallas real estate agent to help you through the process of buying a new home is the first and best tip that anyone who has purchased Dallas real estate will give you. The Dallas real estate agent that you choose to help you will also have a lot of good tips for you about buying Dallas real estate but here are some basic home buying tips that are useful to anyone who is planning on buying Dallas real estate. Always bring a digital camera with you when you're looking at houses.
You will probably not remember the details about each house that you see and you will probably see a lot of houses so bring a checklist of all the things that are important to you in a home such as the number of bedrooms and bathrooms, the appliances that the house has, the size of the lot that the house sits on and so on. Then you can write down items on your checklist and take pictures of the house.
Be sure to leave some blank space at the bottom of the checklist so that you can write your impressions of the house too like, "yard is too small" or "master bathroom needs work but has potential". Writing things down and taking detailed pictures of the condition of the house will help you make an informed decision about what Dallas real estate you want to buy. Having photos is also good evidence in case there is an issue later on and you need to have evidence that something was broken before you bought the house.
Talking to a Dallas real estate agent should help you answer a lot of questions about the house. Be sure to write down all the answers that the Dallas real estate agent gives you to your questions so that you don't forget. Once you have collected your checklist, first impressions and photos from all the houses in your price range you can compare them all to help you decide which piece of Dallas real estate that you want to buy.
If you're still having trouble deciding narrow it down to two or three homes and ask your Dallas real estate agent if you can see those particular homes again. Once you have narrowed the choice down to two or three homes it will be a lot easier to decide which piece of Dallas real estate that you want to buy.
The Dallas real estate agent can also help you pick what house is best for you by seeing if the sellers will be willing to negotiate on the price of the house. If you like all the houses but one of the sellers is willing to drop the price then that house might be the house for you.
วันเสาร์ที่ 31 พฤษภาคม พ.ศ. 2551
Looking For Value? Buy Dallas Real Estate
Looking For Value? Buy Dallas Real Estate
by Jordan Hashem
When you buy a new home, you want to get the most value you can get for your money, don't you? Of course you do. So the amount of value that a home has is going to play a part in what home you decide to buy right? Well if you're looking for value then you won't find homes with more value then you can find in Dallas.
The Dallas real estate market is growing but right now the Dallas real estate are a lot lower than the real estate prices in many other cities so the amount of money that you spend on Dallas real estate will you buy you a lot more value then you would get buying a home in another city. Dallas is a growing city so there are lots of new homes on the market and all of those new homes are already outfitted with the kinds of amenities that buyers today demand in a new home.
If you're looking to buy your first home and you want to settle in a city where you will get the best value for your money then you can't go wrong buying Dallas real estate. Buying your first home can be tricky, are you ready for home ownership? If you are ready to take the plunge then a Dallas real estate agent can help you find the right new home for you. You might be tempted to save money and buy some Dallas real estate yourself but if this is your first home then you should buy your new home using a Dallas real estate agent to make sure that the sale goes smoothly.
A Dallas real estate agent can help you through the lengthy and time consuming process of buying a home and make sure that you get a good deal and don't get ripped off. There are so many steps when you are buying a home that you might not be aware of. Using a Dallas real estate agent will make sure that you do all the steps that you need to do in order to get a new Dallas home.
Buying a new home through a Dallas real estate agent can also help you get the best possible price on Dallas real estate and that you get a good lender to handle your home loan. Only a Dallas real estate agent will know the best home for sale, sometimes before those homes even hit the open market, so if you're not familiar with the Dallas area and you want to make sure that you get a nice house in a great neighborhood that will be perfect for you and your family enlist the services of a Dallas real estate agent.
You will be glad that you don't have to go through the process of buying a home alone once you start the process and a Dallas real estate agent won't stop until you find the perfect house for you and your family at a price you can afford.
by Jordan Hashem
When you buy a new home, you want to get the most value you can get for your money, don't you? Of course you do. So the amount of value that a home has is going to play a part in what home you decide to buy right? Well if you're looking for value then you won't find homes with more value then you can find in Dallas.
The Dallas real estate market is growing but right now the Dallas real estate are a lot lower than the real estate prices in many other cities so the amount of money that you spend on Dallas real estate will you buy you a lot more value then you would get buying a home in another city. Dallas is a growing city so there are lots of new homes on the market and all of those new homes are already outfitted with the kinds of amenities that buyers today demand in a new home.
If you're looking to buy your first home and you want to settle in a city where you will get the best value for your money then you can't go wrong buying Dallas real estate. Buying your first home can be tricky, are you ready for home ownership? If you are ready to take the plunge then a Dallas real estate agent can help you find the right new home for you. You might be tempted to save money and buy some Dallas real estate yourself but if this is your first home then you should buy your new home using a Dallas real estate agent to make sure that the sale goes smoothly.
A Dallas real estate agent can help you through the lengthy and time consuming process of buying a home and make sure that you get a good deal and don't get ripped off. There are so many steps when you are buying a home that you might not be aware of. Using a Dallas real estate agent will make sure that you do all the steps that you need to do in order to get a new Dallas home.
Buying a new home through a Dallas real estate agent can also help you get the best possible price on Dallas real estate and that you get a good lender to handle your home loan. Only a Dallas real estate agent will know the best home for sale, sometimes before those homes even hit the open market, so if you're not familiar with the Dallas area and you want to make sure that you get a nice house in a great neighborhood that will be perfect for you and your family enlist the services of a Dallas real estate agent.
You will be glad that you don't have to go through the process of buying a home alone once you start the process and a Dallas real estate agent won't stop until you find the perfect house for you and your family at a price you can afford.
How To Get Started In Real Estate Today
How To Get Started In Real Estate Today
by J.Donnovan
There is no denying that a career in real estate is rewarding, fast paced and exciting. The sad thing is that a lot of potential real estate agents are having doubts due to all of the talk about the economy driving down the housing market, but let me say that you should not let that get in the way of your dreams. Don't tell anyone but the housing market and real estate industry in general is still alive and thriving just as much as ever. The dropping property prices are bringing in the smart buyers looking to save a bundle of money on their new home or sound investment and you can be the agent waiting to take that commission.
In fact, the decline in new agents entering the field due to concerns of market stability is actually benefiting those of us willing to jump in head first, by lowering our sheer number of competitors. With less agents taking the first steps to success you will be able to make huge strides in securing new listings and making sales on current ones. Though your marketing efforts may need to be adjusted to accommodate a smaller budget during these tough times.
Marketing Your Real Estate Business on a Budget
Don't let a small budget kill your real estate career. Instead, take advantage of this opportunity to find more creative and cost effective methods of advertising. Avoid the big expenses like television, print and radio campaigns to get your name out there. Move your efforts to the Internet for attracting new clients and other creative ways. Below is a list of great, low cost advertising ideas to get you started:
Start your own real estate blog or website
Advertise on other real estate agents websites. The cost is significantly less than other advertising campaigns
Take advantage of social networking and user generated content sites for free marketing
Connect with potential clients on real estate forums and message boards
Market yourself to the local area via classified sites like Craigslist
Place your current listings on eBay
Those are only a few of the ideas that you can begin implementing today. Imagine how many more opportunities are out there if you just put your mind to it, think creative. Sit down with a pen and paper and write out all of the places both online and off, that you would be able to find new clients, where would they be or what would they be doing and then make it a point to be at those places. You would be reeling new clients in like they were going out of style and laughing all the way to the bank.
Out of Pocket Expenses You Should Expect
In all honesty, getting started in the real estate business can be expensive, but it really depends on the state you are in. Every state has different costs requirements for schooling and licensing. Realtors spend anywhere from five hundred to five thousand dollars just on licensing and furthering their education, but think of it as an investment in your future. You can recoup your costs and turn a profit from your first sale alone, that's why this is such a lucrative business.
To find out how much getting started will cost you, visit your States Real Estate Commission Board website and see what they charge for licensing. Make sure to read their requirements very thoroughly to determine what type of schooling you will need or if there any other things you will need to pay for before you can become licensed.
Once you have all of that information, create an outline of all costs and be sure that it fits within your budget. The last thing you want is to overspend and cause problems for yourself or family. Most people entering the real estate business plan to have enough money to survive for between four and six months without a paycheck. This will usually allow plenty of time to get out there and make a sale.
by J.Donnovan
There is no denying that a career in real estate is rewarding, fast paced and exciting. The sad thing is that a lot of potential real estate agents are having doubts due to all of the talk about the economy driving down the housing market, but let me say that you should not let that get in the way of your dreams. Don't tell anyone but the housing market and real estate industry in general is still alive and thriving just as much as ever. The dropping property prices are bringing in the smart buyers looking to save a bundle of money on their new home or sound investment and you can be the agent waiting to take that commission.
In fact, the decline in new agents entering the field due to concerns of market stability is actually benefiting those of us willing to jump in head first, by lowering our sheer number of competitors. With less agents taking the first steps to success you will be able to make huge strides in securing new listings and making sales on current ones. Though your marketing efforts may need to be adjusted to accommodate a smaller budget during these tough times.
Marketing Your Real Estate Business on a Budget
Don't let a small budget kill your real estate career. Instead, take advantage of this opportunity to find more creative and cost effective methods of advertising. Avoid the big expenses like television, print and radio campaigns to get your name out there. Move your efforts to the Internet for attracting new clients and other creative ways. Below is a list of great, low cost advertising ideas to get you started:
Start your own real estate blog or website
Advertise on other real estate agents websites. The cost is significantly less than other advertising campaigns
Take advantage of social networking and user generated content sites for free marketing
Connect with potential clients on real estate forums and message boards
Market yourself to the local area via classified sites like Craigslist
Place your current listings on eBay
Those are only a few of the ideas that you can begin implementing today. Imagine how many more opportunities are out there if you just put your mind to it, think creative. Sit down with a pen and paper and write out all of the places both online and off, that you would be able to find new clients, where would they be or what would they be doing and then make it a point to be at those places. You would be reeling new clients in like they were going out of style and laughing all the way to the bank.
Out of Pocket Expenses You Should Expect
In all honesty, getting started in the real estate business can be expensive, but it really depends on the state you are in. Every state has different costs requirements for schooling and licensing. Realtors spend anywhere from five hundred to five thousand dollars just on licensing and furthering their education, but think of it as an investment in your future. You can recoup your costs and turn a profit from your first sale alone, that's why this is such a lucrative business.
To find out how much getting started will cost you, visit your States Real Estate Commission Board website and see what they charge for licensing. Make sure to read their requirements very thoroughly to determine what type of schooling you will need or if there any other things you will need to pay for before you can become licensed.
Once you have all of that information, create an outline of all costs and be sure that it fits within your budget. The last thing you want is to overspend and cause problems for yourself or family. Most people entering the real estate business plan to have enough money to survive for between four and six months without a paycheck. This will usually allow plenty of time to get out there and make a sale.
วันจันทร์ที่ 26 พฤษภาคม พ.ศ. 2551
When Not to Buy a House
When Not to Buy a House
by Steve Leung
You've probably heard all the perks about buying a house and how it's the centerpiece of the American Dream. But the American Dream is less about possessing the house itself than the improvement you expect in your lifestyle when you own a home.
As a real estate agent, I want you to be deliriously happy after buying a home. To me, that means there are times when I recommend to clients that buying a house isn't the right way to go yet, particularly when the financial risk of keeping your home takes away from the enjoyment of it.
Here are five times when I counsel clients to wait on buying a house.
1. You're uncertain about your job.
Having a stable income is paramount in ensuring that your home doesn't turn into a financial burden, and almost everyone needs to work to bring in that money.
But if your company is considering layoffs in your division or moving their headquarters --- or you're considering a career change --- you may be forced into selling or renting out your home in short order. Doing so is time-consuming and costs money.
You may be mentally prepared to sell your house quickly, but the market may not be so kind, and you might have to take a large loss in order to do so.
2. You have bad credit right now.
When you take out a mortgage to buy a house, your lender charges you interest every month for the privilege, but when you have bad credit, your lender will charge you a lot more.
Why? Because people with bad credit cost lenders money by not paying promptly or not paying at all. And what they charge you may end up being several hundred dollars a month! Bad credit is any FICO score below the national average 720.
But I want you to know that if you're there, you're not alone. The good news is that with a few months of "good behavior" you can increase your FICO score and save yourself all that money.
3. You're already in a lot of debt.
I not only want you to be deliriously happy after buying a home, I also want you to be able to keep it for as long as you want to. The total of a lot of student loans, credit cards, car payments, that $50,000 your folks lent you, etc.: all of this not only hurts your ability to buy a house but also your ability to keep it.
The challenge is that if you take on more debt in the form of a mortgage, you may take away your ability to pay off other more expensive debt. At that point, you're basically paying a lot of money for money you no longer have --- a lose-lose scenario.
For people in this situation, the rule of thumb is to pay off your debt with the highest interest rate first and be careful taking on new debt.
Now, lenders will come up with all sorts of creative ways to let you max out your debt-to-income ratio --- their focus is earning money on top of the loan they sell you. Since I don't sell loans, I can help you run the numbers so that you only take on as much debt as you're comfortable with, while keeping some money in reserve for the unexpected.
Remember, my goal is to help you enjoy your new home. If you take on too much responsibility with debt, you may be forced to sell on terms you won't like. (Lenders aren't bashful about this.)
4. The only way you can afford the house is using an exotic mortgage.
Can you imagine a world where everyone had to buy a house using only cash on hand? Very few people would own a home if the world were like that.
Lenders know this and have come up with a number of loan types (they call them products) that ostensibly help people get into their dream houses. The most notorious of these loans is the option ARM, sometimes called a "pick a payment" mortgage. The possibility of negative amortization from this loan means you pay less monthly but end up owning less of your house every month too.
I would never do business with someone who recommended one of these loans to my clients, and I recommend you don't do business with anyone who tries to sell one to you.
5. You don't have some reserves after your down payment and closing costs.
Buying your home is only the first step. The freedom that comes with home ownership also comes with additional costs like property taxes, special assessments, home maintenance and repair work, none of which were applicable when renting.
I'd argue that if you're stretched to the point where you have zero savings left over to take care of unforeseen expenses after purchasing your home, you risk a lot of unnecessary stress, losing your house or having it fall into disrepair.
The amount you have in reserve doesn't have to be huge, but a couple month's worth of your mortgage in a readily available form like a high-yield savings account, or even stocks, can ease your mind.
Purchasing a house is a major financial decision that stretches the finances of many families, but there's a difference between having to pack your lunch versus risking foreclosure because of a bad month.
There are a lot of folks who want to you stretch to buy a more expensive house than you need or one sooner than you might be comfortable with. My real estate advice is geared so that you're in a position to own and enjoy your home for a long time.
by Steve Leung
You've probably heard all the perks about buying a house and how it's the centerpiece of the American Dream. But the American Dream is less about possessing the house itself than the improvement you expect in your lifestyle when you own a home.
As a real estate agent, I want you to be deliriously happy after buying a home. To me, that means there are times when I recommend to clients that buying a house isn't the right way to go yet, particularly when the financial risk of keeping your home takes away from the enjoyment of it.
Here are five times when I counsel clients to wait on buying a house.
1. You're uncertain about your job.
Having a stable income is paramount in ensuring that your home doesn't turn into a financial burden, and almost everyone needs to work to bring in that money.
But if your company is considering layoffs in your division or moving their headquarters --- or you're considering a career change --- you may be forced into selling or renting out your home in short order. Doing so is time-consuming and costs money.
You may be mentally prepared to sell your house quickly, but the market may not be so kind, and you might have to take a large loss in order to do so.
2. You have bad credit right now.
When you take out a mortgage to buy a house, your lender charges you interest every month for the privilege, but when you have bad credit, your lender will charge you a lot more.
Why? Because people with bad credit cost lenders money by not paying promptly or not paying at all. And what they charge you may end up being several hundred dollars a month! Bad credit is any FICO score below the national average 720.
But I want you to know that if you're there, you're not alone. The good news is that with a few months of "good behavior" you can increase your FICO score and save yourself all that money.
3. You're already in a lot of debt.
I not only want you to be deliriously happy after buying a home, I also want you to be able to keep it for as long as you want to. The total of a lot of student loans, credit cards, car payments, that $50,000 your folks lent you, etc.: all of this not only hurts your ability to buy a house but also your ability to keep it.
The challenge is that if you take on more debt in the form of a mortgage, you may take away your ability to pay off other more expensive debt. At that point, you're basically paying a lot of money for money you no longer have --- a lose-lose scenario.
For people in this situation, the rule of thumb is to pay off your debt with the highest interest rate first and be careful taking on new debt.
Now, lenders will come up with all sorts of creative ways to let you max out your debt-to-income ratio --- their focus is earning money on top of the loan they sell you. Since I don't sell loans, I can help you run the numbers so that you only take on as much debt as you're comfortable with, while keeping some money in reserve for the unexpected.
Remember, my goal is to help you enjoy your new home. If you take on too much responsibility with debt, you may be forced to sell on terms you won't like. (Lenders aren't bashful about this.)
4. The only way you can afford the house is using an exotic mortgage.
Can you imagine a world where everyone had to buy a house using only cash on hand? Very few people would own a home if the world were like that.
Lenders know this and have come up with a number of loan types (they call them products) that ostensibly help people get into their dream houses. The most notorious of these loans is the option ARM, sometimes called a "pick a payment" mortgage. The possibility of negative amortization from this loan means you pay less monthly but end up owning less of your house every month too.
I would never do business with someone who recommended one of these loans to my clients, and I recommend you don't do business with anyone who tries to sell one to you.
5. You don't have some reserves after your down payment and closing costs.
Buying your home is only the first step. The freedom that comes with home ownership also comes with additional costs like property taxes, special assessments, home maintenance and repair work, none of which were applicable when renting.
I'd argue that if you're stretched to the point where you have zero savings left over to take care of unforeseen expenses after purchasing your home, you risk a lot of unnecessary stress, losing your house or having it fall into disrepair.
The amount you have in reserve doesn't have to be huge, but a couple month's worth of your mortgage in a readily available form like a high-yield savings account, or even stocks, can ease your mind.
Purchasing a house is a major financial decision that stretches the finances of many families, but there's a difference between having to pack your lunch versus risking foreclosure because of a bad month.
There are a lot of folks who want to you stretch to buy a more expensive house than you need or one sooner than you might be comfortable with. My real estate advice is geared so that you're in a position to own and enjoy your home for a long time.
วันพฤหัสบดีที่ 22 พฤษภาคม พ.ศ. 2551
Real Estate Investing: The First Timer's Guide to its Drawbacks and Risks
Real Estate Investing: The First Timer's Guide to its Drawbacks and Risks
by Hunter Craig
Real estate investing is about more than picking up a property cheaply and reselling it at a profit. While how-to books and real estate guru seminars may make it seem easy and risk-free, there is a reality to real estate investment. To learn more about the potential downsides of real estate investing, keep reading.
It Takes Capital
Typically, real estate isn't considered a quickie investment, and your capital can be tied up for a long time. A down payment on a home can't always be taken out and withdrawn in the case of a financial emergency or the need for quick cash.
That capital could also be used for other investments. For example, let's say you invest $20,000 into a home that winds up not appreciating at the 8 percent annual rate you hoped it would. Instead, it depreciates and then eventually appreciates at a low 4 percent rate. That $20,000 could have made more by investing it wisely in a diversified investment portfolio.
Returns Will Vary
Like any investment, other than GICs (Guaranteed Investment Certificate) or guaranteed savings programs, your returns are going to vary. While real estate is more stable than, say, the stock market, that doesn't mean you can bank on a 10 percent annual return.
You Will Pay Capital Gains Taxes
Taxes can slash your profits on your real estate investments if you're unprepared. While there are deductions and capital deferral programs available to real estate investors, you need to understand the law and be prepared to apply it to your own circumstances.
Closing Fees and Transaction Costs can Reduce Profits
Unless you're savvy enough to handle your own sales, you'll have to hire a real estate agent, meaning you'll have to pay commission. In addition, most investors will need to pay closing costs, title insurance, inspection rates, legal fees and more.
Typically, the costs associated with any real estate transaction usually hover around 15 percent of the transaction, whether you're buying or selling.
There is Work Involved
While a real estate investment normally does reward sweat equity, that also means you have to put it in. Unlike stock market investments where it takes little more than cash and a telephone or a computer to make an investment and see a possible return, real estate investment involves getting out of your chair and a lot of leg work.
Whether it's driving out to sale sites, attending home viewings, cleaning properties, maintaining rental units, upgrading or renovating houses or preparing a house for sale, it's all hard work that you'll have to put in. So, before you jump into real estate investing, make sure you have the time and energy to invest alongside your money.
by Hunter Craig
Real estate investing is about more than picking up a property cheaply and reselling it at a profit. While how-to books and real estate guru seminars may make it seem easy and risk-free, there is a reality to real estate investment. To learn more about the potential downsides of real estate investing, keep reading.
It Takes Capital
Typically, real estate isn't considered a quickie investment, and your capital can be tied up for a long time. A down payment on a home can't always be taken out and withdrawn in the case of a financial emergency or the need for quick cash.
That capital could also be used for other investments. For example, let's say you invest $20,000 into a home that winds up not appreciating at the 8 percent annual rate you hoped it would. Instead, it depreciates and then eventually appreciates at a low 4 percent rate. That $20,000 could have made more by investing it wisely in a diversified investment portfolio.
Returns Will Vary
Like any investment, other than GICs (Guaranteed Investment Certificate) or guaranteed savings programs, your returns are going to vary. While real estate is more stable than, say, the stock market, that doesn't mean you can bank on a 10 percent annual return.
You Will Pay Capital Gains Taxes
Taxes can slash your profits on your real estate investments if you're unprepared. While there are deductions and capital deferral programs available to real estate investors, you need to understand the law and be prepared to apply it to your own circumstances.
Closing Fees and Transaction Costs can Reduce Profits
Unless you're savvy enough to handle your own sales, you'll have to hire a real estate agent, meaning you'll have to pay commission. In addition, most investors will need to pay closing costs, title insurance, inspection rates, legal fees and more.
Typically, the costs associated with any real estate transaction usually hover around 15 percent of the transaction, whether you're buying or selling.
There is Work Involved
While a real estate investment normally does reward sweat equity, that also means you have to put it in. Unlike stock market investments where it takes little more than cash and a telephone or a computer to make an investment and see a possible return, real estate investment involves getting out of your chair and a lot of leg work.
Whether it's driving out to sale sites, attending home viewings, cleaning properties, maintaining rental units, upgrading or renovating houses or preparing a house for sale, it's all hard work that you'll have to put in. So, before you jump into real estate investing, make sure you have the time and energy to invest alongside your money.
Real Estate Leads - Build Them Through Networks
Real Estate Leads - Build Them Through Networks
by Cole Stevens
Networking with real estate and home services professionals is a great way to build leads through referral business. Like any business, being well-connected and having your name front and center is one of the most effective ways to make new contacts and grow your business.
However, networking takes work. It's an ongoing job that requires constant effort to build new contacts while still maintaining your old ones. To learn more about how you can grow your leads network, keep reading.
Attend Home Shows and Builder Showcases
Attending home shows not as a booth holder, but as an attendee, can be a great way to walk around and meet with builders, other real estate agents and mortgage professionals.
In one room, you'll find hundreds of booths all dedicated to some aspect of your business. So, instead of calling up all these businesses individually, why not grab a few business cards and do a one-day tour?
Host a Networking Function
Send out invitations, charge a certain amount per plate, hire the caterers, schedule a few speakers and you have a networking function. Whether it's for real estate professionals only or for everyone in the home business, tailor your invitee list accordingly.
If you don't have the time to host a function, focus on attending as many functions as possible - a business lunch, awards ceremony or round table discussion.
Get Involved In Your Community
One of the best ways to network and build your business is through word-of-mouth and trust. Clients tend to prefer using real estate agents who they already know and who live in their local area.
So, get out there and meet the potential clients in your local area. Coach a hockey team, attend soccer games, get involved in your PTA, join the gym, attend church, or volunteer at the library. Do what you can to get your name and face out into your local community.
Be Where it Counts
The agent who always works from home or a car and never from the office is the agent that's out of touch. Sometimes, you need to focus on networking with your own broker and agency peers. Being in the office allows you to stay on top of incoming inquiry calls, news and potential networking opportunities.
Remember, word-of-mouth advertising is the most important lead generation tool that you have so focus on networking opportunities like community interaction, networking functions, home shows and your own office to build client leads.
by Cole Stevens
Networking with real estate and home services professionals is a great way to build leads through referral business. Like any business, being well-connected and having your name front and center is one of the most effective ways to make new contacts and grow your business.
However, networking takes work. It's an ongoing job that requires constant effort to build new contacts while still maintaining your old ones. To learn more about how you can grow your leads network, keep reading.
Attend Home Shows and Builder Showcases
Attending home shows not as a booth holder, but as an attendee, can be a great way to walk around and meet with builders, other real estate agents and mortgage professionals.
In one room, you'll find hundreds of booths all dedicated to some aspect of your business. So, instead of calling up all these businesses individually, why not grab a few business cards and do a one-day tour?
Host a Networking Function
Send out invitations, charge a certain amount per plate, hire the caterers, schedule a few speakers and you have a networking function. Whether it's for real estate professionals only or for everyone in the home business, tailor your invitee list accordingly.
If you don't have the time to host a function, focus on attending as many functions as possible - a business lunch, awards ceremony or round table discussion.
Get Involved In Your Community
One of the best ways to network and build your business is through word-of-mouth and trust. Clients tend to prefer using real estate agents who they already know and who live in their local area.
So, get out there and meet the potential clients in your local area. Coach a hockey team, attend soccer games, get involved in your PTA, join the gym, attend church, or volunteer at the library. Do what you can to get your name and face out into your local community.
Be Where it Counts
The agent who always works from home or a car and never from the office is the agent that's out of touch. Sometimes, you need to focus on networking with your own broker and agency peers. Being in the office allows you to stay on top of incoming inquiry calls, news and potential networking opportunities.
Remember, word-of-mouth advertising is the most important lead generation tool that you have so focus on networking opportunities like community interaction, networking functions, home shows and your own office to build client leads.
How to Take Your Real Estate Business to the Next Level
How to Take Your Real Estate Business to the Next Level
by Jamel Gibbs
Taking your real estate business to the next level is not as hard as it may seem. Actually, it is quite simple. In order to really move your business to new heights there are a couple of things you need to do. In this article I will briefly explain how to take your real estate business into orbit.
Outsourcing: If you ask me, the only way to take your business to the next level is to outsource your business. Outsourcing is hiring people or companies to take care of certain parts of your business for you. A lot of real estate investors are control freaks over their business and that is a big mistake. They think that they can do everything on their own. To be honest, no one can do everything on their own. In order for you to break new barriers in your real estate business you must hire people to help you.
Phone Services: One way that you can outsource is to hire call answering services. Most services like these will screen all of your calls and you can even give them a script. Once they have screened your calls they will email you. At that point you can pick and choose who you want to call back. If the deal is good, you can tell the answering company to put urgent in the email subject heading.
Direct Mail Services: Another way to outsource your business is to hire a direct mailing company. Make sure you research companies that specialize in the type of leads you need. Most direct mailing companies will automatically advertise for you on a monthly basis according to your budget. This is an easy way to stop procrastination when it comes to spending advertising dollars. This is also a good way to save time with putting labels on post cards and other forms of mail.
Other: You don't always need to hire a company to outsource your business. You can hire people to do certain things for you that you cannot do on your own, or just don't have enough time in the day for. College students are great for doing paperwork for you. They are also good for running errands and things of that nature. You can hire people and teach them how to do things the way you want it to be done. If they can do it half as good as you and you hire 2 or 3 people to do the same thing, then your doing good.
Hiring people and companies is definitely the way to go if you want to hit that next level in your real estate investment business. When your budget is right you should consider doing so. Think about it, if you're worth $200 an hour, why would you be doing a job worth $10 an hour. Hire someone to do that job for you. When you do this you can focus on what your good at which is bringing in more business.
If you want more information on how to make huge profits in real estate investing go to: www.FreeZeroDownSecrets.com the information is free.
Want to see how my last paycheck was more than some people's yearly salary, and how you can make the same kind of money?
by Jamel Gibbs
Taking your real estate business to the next level is not as hard as it may seem. Actually, it is quite simple. In order to really move your business to new heights there are a couple of things you need to do. In this article I will briefly explain how to take your real estate business into orbit.
Outsourcing: If you ask me, the only way to take your business to the next level is to outsource your business. Outsourcing is hiring people or companies to take care of certain parts of your business for you. A lot of real estate investors are control freaks over their business and that is a big mistake. They think that they can do everything on their own. To be honest, no one can do everything on their own. In order for you to break new barriers in your real estate business you must hire people to help you.
Phone Services: One way that you can outsource is to hire call answering services. Most services like these will screen all of your calls and you can even give them a script. Once they have screened your calls they will email you. At that point you can pick and choose who you want to call back. If the deal is good, you can tell the answering company to put urgent in the email subject heading.
Direct Mail Services: Another way to outsource your business is to hire a direct mailing company. Make sure you research companies that specialize in the type of leads you need. Most direct mailing companies will automatically advertise for you on a monthly basis according to your budget. This is an easy way to stop procrastination when it comes to spending advertising dollars. This is also a good way to save time with putting labels on post cards and other forms of mail.
Other: You don't always need to hire a company to outsource your business. You can hire people to do certain things for you that you cannot do on your own, or just don't have enough time in the day for. College students are great for doing paperwork for you. They are also good for running errands and things of that nature. You can hire people and teach them how to do things the way you want it to be done. If they can do it half as good as you and you hire 2 or 3 people to do the same thing, then your doing good.
Hiring people and companies is definitely the way to go if you want to hit that next level in your real estate investment business. When your budget is right you should consider doing so. Think about it, if you're worth $200 an hour, why would you be doing a job worth $10 an hour. Hire someone to do that job for you. When you do this you can focus on what your good at which is bringing in more business.
If you want more information on how to make huge profits in real estate investing go to: www.FreeZeroDownSecrets.com the information is free.
Want to see how my last paycheck was more than some people's yearly salary, and how you can make the same kind of money?
วันอาทิตย์ที่ 18 พฤษภาคม พ.ศ. 2551
Tips To Sell Denver Real Estate Fast!
Tips To Sell Denver Real Estate Fast!
by Bruce Swedal
In the current real estate market it is still possible to sell your Denver area home quickly and for top dollar. It can be done if you follow some simple guidelines.
The first aspect that you need to look at is condition of the property you wish to sell. You need to step back and detach yourself from the property to get an impartial picture of what should be done to get your home in prime selling condition. Make no mistake that right now more than ever, condition sells homes.
If you find it difficult to impartially evaluate your home you should give considerable weight to what your Realtor advises. Realtors know the market and they understand what it takes for a home to sell. To catch a prospective buyer your home needs to stand out from the crowd.
The next aspect of you need to closely study is the offering price of your home. For homes to sell now two things must be clearly evident. We already covered condition, in the home must stand out. Another part of making it stand out is pricing it competitively.
For your home to stand out you need to understand the home cannot be over priced. If you over price it you will you will diminish the ability for your home to stand out from among the others being offered.
To try and make this clearer, you need to have the most attractive $200k home in the neighborhood and not the least attractive $225k home in the neighborhood. If you miss on this and over price your home the only thing you will accomplish is to give prospective buyers good reasons to purchase someone else's home.
Homes that are freshly listed typically get the most excitement from potential buyers and you need to be priced right from the first day you offer your home for sale. That is the peak period for selling and if you're overpriced you can miss your best chance for selling winding up with a home that sits on the market unsold. You want to be positioned as the clear choice for a home in your price range.
Other things to consider are offering incentives to the buyer. Things to consider are offering to pay the purchasers closing costs, a credit for decorating or even making the first couple mortgage payments for the purchaser. These are things that could make your home stand out from the crowd because people love incentives.
If you have an equity position in your home, you can consider carrying part of the loan for the purchaser. By offering attractive terms on seller carried financing you may be able to attract investors or prospective purchasers that would not have otherwise considered your home.
Don't forget the important aspect of curb appeal when you're making improvements to sell. The exterior is what is going to make the first impression on a prospective buyer and it needs to be a good one. If the first look does not impress they may not look any further.
Make it a clean, clutter-free environment that projects space. Take down personal and family pictures or anything that will detract from the buyer imagining living in your home. You want them to feel at home which is hard to do if they are staring at a couple dozen pictures of your family living there.
by Bruce Swedal
In the current real estate market it is still possible to sell your Denver area home quickly and for top dollar. It can be done if you follow some simple guidelines.
The first aspect that you need to look at is condition of the property you wish to sell. You need to step back and detach yourself from the property to get an impartial picture of what should be done to get your home in prime selling condition. Make no mistake that right now more than ever, condition sells homes.
If you find it difficult to impartially evaluate your home you should give considerable weight to what your Realtor advises. Realtors know the market and they understand what it takes for a home to sell. To catch a prospective buyer your home needs to stand out from the crowd.
The next aspect of you need to closely study is the offering price of your home. For homes to sell now two things must be clearly evident. We already covered condition, in the home must stand out. Another part of making it stand out is pricing it competitively.
For your home to stand out you need to understand the home cannot be over priced. If you over price it you will you will diminish the ability for your home to stand out from among the others being offered.
To try and make this clearer, you need to have the most attractive $200k home in the neighborhood and not the least attractive $225k home in the neighborhood. If you miss on this and over price your home the only thing you will accomplish is to give prospective buyers good reasons to purchase someone else's home.
Homes that are freshly listed typically get the most excitement from potential buyers and you need to be priced right from the first day you offer your home for sale. That is the peak period for selling and if you're overpriced you can miss your best chance for selling winding up with a home that sits on the market unsold. You want to be positioned as the clear choice for a home in your price range.
Other things to consider are offering incentives to the buyer. Things to consider are offering to pay the purchasers closing costs, a credit for decorating or even making the first couple mortgage payments for the purchaser. These are things that could make your home stand out from the crowd because people love incentives.
If you have an equity position in your home, you can consider carrying part of the loan for the purchaser. By offering attractive terms on seller carried financing you may be able to attract investors or prospective purchasers that would not have otherwise considered your home.
Don't forget the important aspect of curb appeal when you're making improvements to sell. The exterior is what is going to make the first impression on a prospective buyer and it needs to be a good one. If the first look does not impress they may not look any further.
Make it a clean, clutter-free environment that projects space. Take down personal and family pictures or anything that will detract from the buyer imagining living in your home. You want them to feel at home which is hard to do if they are staring at a couple dozen pictures of your family living there.
วันศุกร์ที่ 16 พฤษภาคม พ.ศ. 2551
Avoiding Online Real Estate Investment Scams
Avoiding Online Real Estate Investment Scams
by Joseph Celestine
Many individuals who are looking to promote and sale the real estate that they have available are taking full advantage of the Internet. The Internet is a powerful promotional tool - we all know that. Millions of individuals around the world have flourished financially due to the fact that they used the Internet as a marketing tool in their endeavors. Unfortunately, many individuals have been subjected to financial loses due to the real estate investment scams that are sprinkled throughout the pages of the Internet. Professionals who once viewed the Internet as a sound resource for real estate deals have quickly discovered that uncovering this type of real estate may not be the wisest investment.
It has been found that many young adults and those that are older in years have been subjected to real estate scams online that have cost them a lot of money, time, and legal complications. Let's take your typical advertisement for waterfront property in Florida. You may see an advertisement that says:
"Beautiful waterfront property in South Florida. Nestled between the lavish palms amongst the tropical wildlife in the region, one can enjoy numerous water activities such as boating, skiing, and more. Ten wonderful acres of beauty for a mere $15,000.00! Call today!"
Now, any average person would find that advertisement quite attractive. However, those that have indulged in this type of advertisement and have purchased this waterfront property in Florida are often left with a beautiful array of...SWAMP LAND! You may or may not be aware of this, but the Environmentalists in Florida prevent the development of property that is considered to be swampland due to the delicate animal and plant life there. The individual that purchased this real estate has done a really positive thing for the environment as a whole, but has just been a victim of online real estate scamming. This happens each and every single day.
If you are interested in purchasing real estate online, there are a few things that you should keep in mind to ensure that you make a sound decision. First, you should always make arrangements to view the property. If you are unable to personally visit the property and observe it, you should hire a legal representative to do this. This will ensure that you do not invest in property that is misrepresented in advertisements, or property that is inappropriate for use - such as swampland. This is the top way to avoid becoming a victim of an online real estate investment scam.
If you are interested in purchasing real estate that you have discovered online, it is important to investigate the title or the deed of the property to ensure that it is completely clear. You should research to determine if there are any types of claims laid on the property. This may be inheritance claims, bank claims, and even foreclosure actions or other types of situations involving a financial institution. You should also examine the property to make a conclusion on the level of maintenance. There are a number of situations that must be considered when it comes to purchasing property. When you opt to purchase online, the price may be right, but is the property right?
If you are interested in obtaining property from an online auction or real estate website be careful of online real estate investment scam, it is considered best to purchase from those that advertise in your immediate area. This will allow you the advantage of knowing what you are purchasing, and allows you to safely purchase it.
by Joseph Celestine
Many individuals who are looking to promote and sale the real estate that they have available are taking full advantage of the Internet. The Internet is a powerful promotional tool - we all know that. Millions of individuals around the world have flourished financially due to the fact that they used the Internet as a marketing tool in their endeavors. Unfortunately, many individuals have been subjected to financial loses due to the real estate investment scams that are sprinkled throughout the pages of the Internet. Professionals who once viewed the Internet as a sound resource for real estate deals have quickly discovered that uncovering this type of real estate may not be the wisest investment.
It has been found that many young adults and those that are older in years have been subjected to real estate scams online that have cost them a lot of money, time, and legal complications. Let's take your typical advertisement for waterfront property in Florida. You may see an advertisement that says:
"Beautiful waterfront property in South Florida. Nestled between the lavish palms amongst the tropical wildlife in the region, one can enjoy numerous water activities such as boating, skiing, and more. Ten wonderful acres of beauty for a mere $15,000.00! Call today!"
Now, any average person would find that advertisement quite attractive. However, those that have indulged in this type of advertisement and have purchased this waterfront property in Florida are often left with a beautiful array of...SWAMP LAND! You may or may not be aware of this, but the Environmentalists in Florida prevent the development of property that is considered to be swampland due to the delicate animal and plant life there. The individual that purchased this real estate has done a really positive thing for the environment as a whole, but has just been a victim of online real estate scamming. This happens each and every single day.
If you are interested in purchasing real estate online, there are a few things that you should keep in mind to ensure that you make a sound decision. First, you should always make arrangements to view the property. If you are unable to personally visit the property and observe it, you should hire a legal representative to do this. This will ensure that you do not invest in property that is misrepresented in advertisements, or property that is inappropriate for use - such as swampland. This is the top way to avoid becoming a victim of an online real estate investment scam.
If you are interested in purchasing real estate that you have discovered online, it is important to investigate the title or the deed of the property to ensure that it is completely clear. You should research to determine if there are any types of claims laid on the property. This may be inheritance claims, bank claims, and even foreclosure actions or other types of situations involving a financial institution. You should also examine the property to make a conclusion on the level of maintenance. There are a number of situations that must be considered when it comes to purchasing property. When you opt to purchase online, the price may be right, but is the property right?
If you are interested in obtaining property from an online auction or real estate website be careful of online real estate investment scam, it is considered best to purchase from those that advertise in your immediate area. This will allow you the advantage of knowing what you are purchasing, and allows you to safely purchase it.
Chandler, Arizona Real Estate
Chandler, Arizona Real Estate
by Juhlin Youlein
Chandler Arizona was named after Dr. Chandler who moved to the area decades ago. The town was put on the map when the prestigious San Marcus hotel was built close to now what is considered down town. When the hotel was first built it was in the middle of the desert accompanied only buy desert cacti and shrubs. Today it is a historic hotel tucked behind growth and development. Chandler has become a modern society aided by the employment of the tech industries.
Chandler center for the arts is just a stones trow away from the San Marcus Hotel and Golf Course. It is used as a theatre from concerts to ballet. The structure is filled with hundreds of thousands of dollars worth of chandeliers. The entire city benefits from the structure as it is even used for the local high school concerts and art displays.
Fine dining isn't foreign to Chandler, but some of the best restaurants are ran by Mom and Pop. One can choose from authentic mexican at Elmer's Tacos or Guedo's Tacos, One of the best pizza places is Nello's just up the street. Or the more popular restaurant chains like the Cheese Cake Factory and BJ's Pizza are found at the Chandler Mall. Chandler is also home of the first Cold Stone Creamery. Whatever your craving is, Chandler will have it.
One of the most anticipated event of the year is the Ostrich Festival. I know that might sound a little out of place for Chandler, but Chandler had ostrich Farms back in the day. In celebration of Chandler's roots, people from all over the phoenix valley come to watch ostrich races and enjoy a carnival. Rides and plenty of good food abound. Live music fills the air each night and unique vendors line the streets. It is a fond memory for Chandler residents who remember the festival as kids. It is a one of a kind festival that the entire family can enjoy. It last for a few days and happens one time a year.
Chandler also was a farming town. There is still evidence of this in the way the city is laid out. There are a few farms here and there that remain that give Chandler that rural look. Chandler has a building code that includes a strict height limit to buildings and commercial fronts. You won't see any sky scrapers in Chandler, but you will find a south west fill to everything from the shopping centers to the neighborhoods.
Although Arizona is a desert, Chandler has many lake communities and plenty of green golf courses. With all the sunshine just about anything grows in Arizona. All one needs to do is add water. Chandler is an Oasis for many residents. A good portion of the population comes from other states only during the winter time. These winter visitors return to their home towns during the summer and take advantage of Arizona's perfect winters. The cost of living is very reasonable and is sure not to turn anybody away. The variety of what Chandler has to offer will suit any new comer. Residents are friendly and almost nobody is native. Well, at least that is the way it seems. With 4% a year population growth it is no wonder either. Arizona is t he place to be.
by Juhlin Youlein
Chandler Arizona was named after Dr. Chandler who moved to the area decades ago. The town was put on the map when the prestigious San Marcus hotel was built close to now what is considered down town. When the hotel was first built it was in the middle of the desert accompanied only buy desert cacti and shrubs. Today it is a historic hotel tucked behind growth and development. Chandler has become a modern society aided by the employment of the tech industries.
Chandler center for the arts is just a stones trow away from the San Marcus Hotel and Golf Course. It is used as a theatre from concerts to ballet. The structure is filled with hundreds of thousands of dollars worth of chandeliers. The entire city benefits from the structure as it is even used for the local high school concerts and art displays.
Fine dining isn't foreign to Chandler, but some of the best restaurants are ran by Mom and Pop. One can choose from authentic mexican at Elmer's Tacos or Guedo's Tacos, One of the best pizza places is Nello's just up the street. Or the more popular restaurant chains like the Cheese Cake Factory and BJ's Pizza are found at the Chandler Mall. Chandler is also home of the first Cold Stone Creamery. Whatever your craving is, Chandler will have it.
One of the most anticipated event of the year is the Ostrich Festival. I know that might sound a little out of place for Chandler, but Chandler had ostrich Farms back in the day. In celebration of Chandler's roots, people from all over the phoenix valley come to watch ostrich races and enjoy a carnival. Rides and plenty of good food abound. Live music fills the air each night and unique vendors line the streets. It is a fond memory for Chandler residents who remember the festival as kids. It is a one of a kind festival that the entire family can enjoy. It last for a few days and happens one time a year.
Chandler also was a farming town. There is still evidence of this in the way the city is laid out. There are a few farms here and there that remain that give Chandler that rural look. Chandler has a building code that includes a strict height limit to buildings and commercial fronts. You won't see any sky scrapers in Chandler, but you will find a south west fill to everything from the shopping centers to the neighborhoods.
Although Arizona is a desert, Chandler has many lake communities and plenty of green golf courses. With all the sunshine just about anything grows in Arizona. All one needs to do is add water. Chandler is an Oasis for many residents. A good portion of the population comes from other states only during the winter time. These winter visitors return to their home towns during the summer and take advantage of Arizona's perfect winters. The cost of living is very reasonable and is sure not to turn anybody away. The variety of what Chandler has to offer will suit any new comer. Residents are friendly and almost nobody is native. Well, at least that is the way it seems. With 4% a year population growth it is no wonder either. Arizona is t he place to be.
วันพุธที่ 14 พฤษภาคม พ.ศ. 2551
Real Estate Continues to be a Great Investement as Bank of Canada Lowers Overnight Interest Rate Yet Again
Real Estate Continues to be a Great Investement as Bank of Canada Lowers Overnight Interest Rate Yet Again
by MyCondoNetwork.com
The Bank of Canada announced today that is has lowered its overnight rate to 3.0% from 3.5%, signaling that parts of the economy (primarily the export industry) need some buoyancy, while buyers of Canadian real estate continue reap the benefits of even lower Canadian mortgage lending rates. With the Bank of Canada predicting yet another reduction in the overnight rate on June 10th 2008, this year is becoming a phenomenal breakout year if you were ever thinking about moving up or downsizing to your next place and especially for saving big on your first mortgage when buying your first home or condo. So if you've been wavering on your decision to move or get your own first house or condo in 2008 because of the talk of the "uncertain economy", waver no more because the adjustments being made by the policy makers just happen to give YOU the unfair advantage in the continually active, healthy Toronto real estate market!
Speaking of the general economy vs. the very healthy Toronto real estate economy, the Bank of Canada today actually predicts economic GROWTH this year of 1.4%, 2.4% in 2009, and 3.3% in 2010. Doesn't sound all that bad to me, but hey, I'm no economist. I do however know real estate and I know that real estate in Toronto is in a very good position for you this year, especially for those people who are able to lock in their home or condo at great 2008 mortgage rates.
Here is the link to the Bank of Canada's rate announcement and overall economic predictions: http://www.bankofcanada.ca/en/fixed-dates/2008/rate_220408.html
When clients ask me: "Is it still a good time for me to buy/move? - The economy is supposed to tank...?" I say to them: "Which economy? Do your self a favour and take advantage of the low mortgage rates this year rather than "waiting" it out for "things" to get "better"(?) - and despite what you may think, Toronto house and Toronto condo prices will NOT be any cheaper in 2 or 3 years - so get in now - the ability to lock into mortgage rates this low will not last into 2009/2010.
For info on buying your condo and how to get the lowest 2008 rate contact us at MyCondoNetwork.com anytime - we love helping our clients make great real estate decisions!
by MyCondoNetwork.com
The Bank of Canada announced today that is has lowered its overnight rate to 3.0% from 3.5%, signaling that parts of the economy (primarily the export industry) need some buoyancy, while buyers of Canadian real estate continue reap the benefits of even lower Canadian mortgage lending rates. With the Bank of Canada predicting yet another reduction in the overnight rate on June 10th 2008, this year is becoming a phenomenal breakout year if you were ever thinking about moving up or downsizing to your next place and especially for saving big on your first mortgage when buying your first home or condo. So if you've been wavering on your decision to move or get your own first house or condo in 2008 because of the talk of the "uncertain economy", waver no more because the adjustments being made by the policy makers just happen to give YOU the unfair advantage in the continually active, healthy Toronto real estate market!
Speaking of the general economy vs. the very healthy Toronto real estate economy, the Bank of Canada today actually predicts economic GROWTH this year of 1.4%, 2.4% in 2009, and 3.3% in 2010. Doesn't sound all that bad to me, but hey, I'm no economist. I do however know real estate and I know that real estate in Toronto is in a very good position for you this year, especially for those people who are able to lock in their home or condo at great 2008 mortgage rates.
Here is the link to the Bank of Canada's rate announcement and overall economic predictions: http://www.bankofcanada.ca/en/fixed-dates/2008/rate_220408.html
When clients ask me: "Is it still a good time for me to buy/move? - The economy is supposed to tank...?" I say to them: "Which economy? Do your self a favour and take advantage of the low mortgage rates this year rather than "waiting" it out for "things" to get "better"(?) - and despite what you may think, Toronto house and Toronto condo prices will NOT be any cheaper in 2 or 3 years - so get in now - the ability to lock into mortgage rates this low will not last into 2009/2010.
For info on buying your condo and how to get the lowest 2008 rate contact us at MyCondoNetwork.com anytime - we love helping our clients make great real estate decisions!
Efficient Real Estate Investing Explained
Efficient Real Estate Investing Explained
by Amanda Hash
In order to make the most out of a real estate deal, you need to have a thorough knowledge of the value of properties. Knowing the real estate market by heart is not an easy task but there are some steps you can take in order to acquire some expertise on the subject. The first thing that you need to learn is how to correctly appraise the value of a property to invest on real estate more efficiently.
There are different factors that will determine the effectiveness of a real estate business or mere transaction. The time consumed in the process of purchasing and/or selling a property is one of them. Another variable to take into account is the difference between the purchase price and the sell price or the new value of the property when not sold.
The property's value is definitely an important variable and will determine whether an investment has been successful or not. Thus, the technique to proper appraise the value of properties is something that you need to acquire prior to starting investing on real estate. Here are some tips on how to get started:
Searching For Information
There are different sources from which you can obtain information regarding a property's value. By researching about the properties' being sold on the neighborhood you can find out what the average value of a property with similar characteristics to the one you want to buy or sell is. This may be time consuming but let me assure you it is also a great technique to make significant savings by avoiding overpaying.
Till you have your own database on sells and purchases you will not be able to know intuitively what the value of a property is. However, you can resort to third parties like professional appraisers. You can also resort to tax appraisers that will be able to provide you with information on a wide range of properties but bear in mind that tax appraisers are not as accurate as local real estate appraisers.
The Right Timing Is Essential
Knowing when to buy and when to sell is an important factor to succeed on real estate investing. There is no magic formula that will tell you when is the right time to purchase a property or sell it. And what makes a property suitable for selling or purchasing at any given time may not be applicable to another property. Thus, you need to be well informed about market tendencies in order to accomplish something in the real estate business.
The real estate market is a very unpredictable one and thus, it is not a good idea to keep a property for a very long time unless you have sufficient capital to cope with temporary loses. The best choice would be to keep an eye on the market and when the properties on any particular area start being sold as hot bread, put the property for sale.
When it comes to properties' purchases, you also need to keep an eye on the market but mainly to see when a property's sell constitutes a good offer. The problem is that when everyone sells you need to have a fair amount of money to purchase and hold on till the market recovers. But with special offers due to personal reasons (a personal need to sell) you can make great deals without waiting that much.
by Amanda Hash
In order to make the most out of a real estate deal, you need to have a thorough knowledge of the value of properties. Knowing the real estate market by heart is not an easy task but there are some steps you can take in order to acquire some expertise on the subject. The first thing that you need to learn is how to correctly appraise the value of a property to invest on real estate more efficiently.
There are different factors that will determine the effectiveness of a real estate business or mere transaction. The time consumed in the process of purchasing and/or selling a property is one of them. Another variable to take into account is the difference between the purchase price and the sell price or the new value of the property when not sold.
The property's value is definitely an important variable and will determine whether an investment has been successful or not. Thus, the technique to proper appraise the value of properties is something that you need to acquire prior to starting investing on real estate. Here are some tips on how to get started:
Searching For Information
There are different sources from which you can obtain information regarding a property's value. By researching about the properties' being sold on the neighborhood you can find out what the average value of a property with similar characteristics to the one you want to buy or sell is. This may be time consuming but let me assure you it is also a great technique to make significant savings by avoiding overpaying.
Till you have your own database on sells and purchases you will not be able to know intuitively what the value of a property is. However, you can resort to third parties like professional appraisers. You can also resort to tax appraisers that will be able to provide you with information on a wide range of properties but bear in mind that tax appraisers are not as accurate as local real estate appraisers.
The Right Timing Is Essential
Knowing when to buy and when to sell is an important factor to succeed on real estate investing. There is no magic formula that will tell you when is the right time to purchase a property or sell it. And what makes a property suitable for selling or purchasing at any given time may not be applicable to another property. Thus, you need to be well informed about market tendencies in order to accomplish something in the real estate business.
The real estate market is a very unpredictable one and thus, it is not a good idea to keep a property for a very long time unless you have sufficient capital to cope with temporary loses. The best choice would be to keep an eye on the market and when the properties on any particular area start being sold as hot bread, put the property for sale.
When it comes to properties' purchases, you also need to keep an eye on the market but mainly to see when a property's sell constitutes a good offer. The problem is that when everyone sells you need to have a fair amount of money to purchase and hold on till the market recovers. But with special offers due to personal reasons (a personal need to sell) you can make great deals without waiting that much.
Giant Payoffs on Costa Rica Real Estate Attract Investors from Across the Globe
Giant Payoffs on Costa Rica Real Estate Attract Investors from Across the Globe
by Hermosa Highlands S.A.
Jaco, Costa Rica - May 13, 2008 - Today investors from all across the globe are flocking to Costa Rica to invest in the real estate market. With the giant payoffs available, it is easy to see why so many investors are choosing this country to invest their money in.
With giant payoffs available for investors, the time is definitely right to invest in Costa Rican real estate. Although North American real estate seems to be shaky these days, investors can still find excellent returns on investments if they look to Costa Rica. Property prices are affordable, and investors from across the globe are thrilled with the bargain prices and amazing profits available in the real estate market in Costa Rica today.
In the past five years, the real estate market in Costa Rica has taken off and is now in the middle of a boom. With the excellent prices that are affordable and the investment incentives being offered to foreign investors by the Costa Rican government, this is a paradise to investors looking for a new place to invest their cash.
All throughout Costa Rica there are many excellent investment opportunities, and one excellent company that caters to high end investors interested in this market is Cerro Fresco. Cerro Fresco is a new development located in Jaco which has been developed by the CR Development Company. Not only has this company been behind the Cerro Fresco development, but they've also started on a new development in Jaco - Highlands Estates.
There are many reasons that Costa Rica has become such a prime spot for real estate investors. Of course first of all is the low price of real estate, which even though it is rising, is still cheaper than places such as the United Kingdom and the United States. The cost of living in Costa Rica also is a drawing point, with the average cost of fine living costing between $900-1200 a month. Property taxes are quite low as well and many times investors are able to cash in on predevelopment prices, both of which make investing in Costa Rica even more attractive to real estate investors.
To learn more about investing in Costa Rica real estate or the Cerro Fresco development, visit www.cerrofresco.com for more information.
by Hermosa Highlands S.A.
Jaco, Costa Rica - May 13, 2008 - Today investors from all across the globe are flocking to Costa Rica to invest in the real estate market. With the giant payoffs available, it is easy to see why so many investors are choosing this country to invest their money in.
With giant payoffs available for investors, the time is definitely right to invest in Costa Rican real estate. Although North American real estate seems to be shaky these days, investors can still find excellent returns on investments if they look to Costa Rica. Property prices are affordable, and investors from across the globe are thrilled with the bargain prices and amazing profits available in the real estate market in Costa Rica today.
In the past five years, the real estate market in Costa Rica has taken off and is now in the middle of a boom. With the excellent prices that are affordable and the investment incentives being offered to foreign investors by the Costa Rican government, this is a paradise to investors looking for a new place to invest their cash.
All throughout Costa Rica there are many excellent investment opportunities, and one excellent company that caters to high end investors interested in this market is Cerro Fresco. Cerro Fresco is a new development located in Jaco which has been developed by the CR Development Company. Not only has this company been behind the Cerro Fresco development, but they've also started on a new development in Jaco - Highlands Estates.
There are many reasons that Costa Rica has become such a prime spot for real estate investors. Of course first of all is the low price of real estate, which even though it is rising, is still cheaper than places such as the United Kingdom and the United States. The cost of living in Costa Rica also is a drawing point, with the average cost of fine living costing between $900-1200 a month. Property taxes are quite low as well and many times investors are able to cash in on predevelopment prices, both of which make investing in Costa Rica even more attractive to real estate investors.
To learn more about investing in Costa Rica real estate or the Cerro Fresco development, visit www.cerrofresco.com for more information.
วันจันทร์ที่ 12 พฤษภาคม พ.ศ. 2551
Text for Real Estate
Text for Real Estate
by Curtis Reddehase
It is mind boggling how much information is at your fingertips. The internet has enabled us to have answers to questions that you could never imagine. I was once changing the brakes on a car and could not figure out how to compress the caliper so I ran up to my computer and typed in how to change brakes on a Honda Accord. A few minutes later I was looking at my answer. I sometimes wonder how we made it before cell phones and the internet. I've recently started to use a new technology that I've found for real estate. I've seen and used sign rider's that have a 1-800 number on them and when someone drives by your listing they call the number for information. When they call this number they get a recorded message with details about the listing, and I get their number captured in an e-mail. People are beginning to use text messaging or (sms) and e-mailing more and more. It's getting to be where people would rather not speak to someone personally and just get information. The beauty of the text messaging is that you can include pictures and links to more information, even a picture of yourself! The company who offers this text message technology is Drivebuy Tech, they have an amazing staff and the equipment is extremely easy to use. I also have found other high tech items that have really helped me to streamline my work. You can find websites that will allow you to upload pictures and make virtual tours where you actually feel like you're standing in the room and turning in a circle. Technology has also enabled buyers and sellers to have much more knowledge about real estate. I recently attended a Realtor tour with 15 or so other Realtors. One of these agents had been in the business in Austin for over 30 years. He told me that 20 or 30 years ago people did not know the first thing about real estate. They didn't know what a contract was or a title company, most people went to their local bank as the only place for a loan. Realtors were the only ones with the knowledge to help people purchase and sell real estate. Now you have websites where home owners can get an estimated value of their home. I'm not going to say that they are accurate, but it is sometimes in the ballpark. You can also list your home for sale on websites like that. Recently Realtors have really had to dig in and find a way to provide a better service to their clients, and efficiently market their properties. Even though buyers and sellers are more knowledgeable about real estate, watching a couple HGTV's shows and doing some research on the internet is not going to allow you to have the expertise and the market knowledge of a Realtor. Properties that have Realtors represent them can have average sold prices well over 6% higher than what for sale by owners are sold at. The technology that is available to us has really enabled us to let our customers have more flexibility and options when purchasing a home. Customers can look at hundreds of homes on the internet and cut the list down to only a few properties instead of the agent choosing the best 5 of the ones that he's previewed. Technology is good for real estate agents and home buyers and sellers.
by Curtis Reddehase
It is mind boggling how much information is at your fingertips. The internet has enabled us to have answers to questions that you could never imagine. I was once changing the brakes on a car and could not figure out how to compress the caliper so I ran up to my computer and typed in how to change brakes on a Honda Accord. A few minutes later I was looking at my answer. I sometimes wonder how we made it before cell phones and the internet. I've recently started to use a new technology that I've found for real estate. I've seen and used sign rider's that have a 1-800 number on them and when someone drives by your listing they call the number for information. When they call this number they get a recorded message with details about the listing, and I get their number captured in an e-mail. People are beginning to use text messaging or (sms) and e-mailing more and more. It's getting to be where people would rather not speak to someone personally and just get information. The beauty of the text messaging is that you can include pictures and links to more information, even a picture of yourself! The company who offers this text message technology is Drivebuy Tech, they have an amazing staff and the equipment is extremely easy to use. I also have found other high tech items that have really helped me to streamline my work. You can find websites that will allow you to upload pictures and make virtual tours where you actually feel like you're standing in the room and turning in a circle. Technology has also enabled buyers and sellers to have much more knowledge about real estate. I recently attended a Realtor tour with 15 or so other Realtors. One of these agents had been in the business in Austin for over 30 years. He told me that 20 or 30 years ago people did not know the first thing about real estate. They didn't know what a contract was or a title company, most people went to their local bank as the only place for a loan. Realtors were the only ones with the knowledge to help people purchase and sell real estate. Now you have websites where home owners can get an estimated value of their home. I'm not going to say that they are accurate, but it is sometimes in the ballpark. You can also list your home for sale on websites like that. Recently Realtors have really had to dig in and find a way to provide a better service to their clients, and efficiently market their properties. Even though buyers and sellers are more knowledgeable about real estate, watching a couple HGTV's shows and doing some research on the internet is not going to allow you to have the expertise and the market knowledge of a Realtor. Properties that have Realtors represent them can have average sold prices well over 6% higher than what for sale by owners are sold at. The technology that is available to us has really enabled us to let our customers have more flexibility and options when purchasing a home. Customers can look at hundreds of homes on the internet and cut the list down to only a few properties instead of the agent choosing the best 5 of the ones that he's previewed. Technology is good for real estate agents and home buyers and sellers.
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