Landlords: How to Determine the Rental Amount for Your Property

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I want to introduce several resources where a real estate investor or property owner can determine what rent you can charge for your investment property. The three most popular websites available for this purpose are Zillow.com, Rentometer.com, and Craig’s List.

Zillow is the most popular and respected so we will start there. Go to Zillow.com and put in the address of your property and then click “search”. Click on the word “rent” or “Zestimate”, both will give you rent estimates. The word Zestimate (rent estimate by Zillow) should pop up with the rental amount and the range Zillow thinks the property may rent for.

We know Zillow is not perfect. Zillow uses computer models and they are basing their rent Zestimate upon averages in the area that have similar characteristics of your property, i.e. square footage, similar number of beds, bathrooms, etc. Again, no computer model will be perfect but generally Zillow is accurate. You will need to be realistic about the property and observe its characteristics. If your house is a multi-unit building or if your house is somehow different than every other property in the neighborhood, the Zestimate may not be accurate.

The second site is rentometer.com. Once on the site you enter the property address. In this site they ask for how many bedrooms are in the property. You can also provide other information that could make the rent estimate more accurate. Once you have entered all information click “submit”. The site will give you a similar analysis to Zillow and a range they think the rent may fall in.

Another good way to get rent comparable is Craig’s List. Craig’s List has had issues in the past involving scammers and fraud. But as far as determining rental amounts it is fairly accurate. On this site, you would perform a slightly different search. You would go on Craig’s List for your area and go to “Apt/Houses” section and type in your town. Or, if it’s a development, you might type in the development name. You then enter the number of bedrooms and/or bathrooms. At that point many house or apartments will appear in your search for rent. You then need to review them and see if any of them are similar and look like your property so that you are comparing apples to apples.

Keep in mind these are estimates and you will have to test the market to really know what your property can rent for per month. We do not recommend that you try to “go high” and figure you can negotiate down. This rarely works to in today environment. Generally, if you over price your property hoping to get more rent it will just get ignored and you will not get any traffic or potential renters.

I better strategy is to use the above resources to get a close estimate of your property will rent for and then price your property slightly lower. This should attract a lot more tariff and may be result in a quick move in versus over pricing and the property sitting vacant for weeks or months.

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Source by Mike Lautensack

Backpage Nashville a Better Alternative to Backpage

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Best sites will give you best results and for that we have one of the best leading site nashville-backpage.com. It is the site which have more than solution to all your problems, it can be anything either it may be related to searching a good restaurant or promoting your ads or related to real estate it can be anything you will get here on the sites like backpage.

An alternative to backpage is the site which will take less and give more, it means it costs very less for any kind of promotion.This is the site for those who wants reach through millions of people around the world for there business to grow more and more. with the help of sites like backpage things became more easy and reachable to many people it can be any thing like the job listing, property rentals, electronics for sale, jewelry or clothes on rent, etc.

People who want to buy or sell and searching for the sites to promote their advertisements with the very low cost they can visit to the site like backpage, now you can place your ads within fractions of second with very low cost with this.

Bedpage-nashville also provided customer service like calling and chatting where you can put your doubts and get the solution.bedpage has unique features compared to other websites. Backpage nashville can serve as many services as you want in your nearest location.Here growing your business is very easy.It is the site where you will get all the services under one roof and you dont have to waste your precious time on finding the best site and sell your busines or bost your site.here customers are treated like they are very important to the buyers,

here they have provided you with the facility of coustomere care service where you can ask or clear your dought and get the imegiate solution.

people have to just see where to post and just bye clicking on one thing they can cell there business to the world.

but as the compition is increasing day bye day so my sugetion to you is just go with the site on which you trust the most and that may be back page brighton.

so hurry up get your busines to the world and make sure that you eren more and more money.

For more details visit:- https://www.nashville-backpage.com

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Source by Diya Patel

Property Tax Assessments – Is There a Way to Save Money?

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Property taxes are often considered a necessary evil. Most of us do not enjoy paying them, however, we are aware that without these taxes our local government, safety services and schools could not function properly or even at all.

Property taxes are based on the value of your home multiplied by the current tax rate. When you make improvements or additions to your home, your local government can reassess the value of your home and raise your property tax liability accordingly. Likewise, with many property values dropping across the country, property owners have the right to request a property value review called a reassessment. This reassessment can be done by a private firm or by your local government. Often, requesting this service from your local government will cost less or even have no cost.

Due to the recession and weak real estate market many of us received automatic reassessments from our local municipality. Some may have thought this would result in lowered property taxes for the year. Not the case for the majority of us. In order for the town or county to operate they need the revenues from our homes. Therefore, most adjusted the rate up to compensate for the lowered property value. I encourage you all to research this to understand what your financial obligation is.

Before you get started take a look at your current tax appraisal. Check measurements, square footage and any description of number of rooms or whether or not a basement is finished, etc. Make a list of any errors. You should also take a look at your neighbors’ property values. These can often be found online at your county auditor’s website. You can also get a quick idea of these values by visiting sites such as Zillow or Trulia and searching homes in your area. If their values are much lower than yours, that is a good place to begin with appealing your own property tax liability.

When considering requesting a property value reassessment, it is a good idea to consult a real estate attorney who can help you decide if this is a wise choice. A real estate attorney may have already worked on a similar case and have the knowledge and experience to let you know if the end result could be worth the effort.

A real estate attorney can also help you make sure that there are no miscalculations in your current property tax rate and should also be familiar with the property tax appeal process in your area. Working with an attorney who specializes in real estate, such as Felix Nihamin and Associates, can save you from making costly mistakes when considering appealing for lower property taxes.

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Source by Felix Nihamin

6 Tips for Home Buying Right Now

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1. Get pre-approved for a loan.

Most sellers require a pre-approval letter along with your written offer. You should have it ready to go so that when you find the right home there is no delay getting your offer submitted. There’s a lot of confusion about pre-approved vs. pre-qualified… even Realtors sometimes use the terms interchangeably! But the pre-approval is the real deal. With a pre-approval, the lender has run your credit, and you will usually have filled out a loan application and provided documentation to the lender, who will then tell you the amount for which you are approved. With the pre-qualification, you will typically have provided some information verbally to the lender about your credit, income and assets, and the lender will give you a ballpark amount for which you are likely to be approved. Sometimes a pre-qualification letter will be sufficient; the main thing is to talk to a lender before you start looking at homes.

2. Decide if short sales and bank-owned properties are for you.

Don’t waste your time looking at properties that don’t meet your home-buying needs. Each of these types of sales has its own challenges for the home buyer, so it is important to know the basics of each and decide if either one fits in with your game plan. For example, if you need to get into a new home within a fairly short time frame, a short sale may not work for you, as they frequently take many months to complete. And bank-owned properties are often in need of work, which can add to the overall cost, or make it difficult to get certain types of loans. If you can be patient with a short sale, or have the ability and/or resources to fix up a bank-owned home, these could be excellent avenues to explore. If not, tell your Realtor® to skip the short sales and bank-owned houses.

3. Check out neighborhoods ahead of time.

One of the best things you can do at the start of your home-buying project is to take a weekend or two and cruise around various areas and subdivisions, especially if you are new to the area. Tell your Realtor which neighborhoods hold the greatest appeal for you – it will really help her understand the type of home you want and your taste in houses. Some buyers are looking for newer homes in areas with lots of families and kids; others prefer the quieter, “mature” neighborhoods. Fortunately, there’s something out there for everyone, and a real estate agent who has plenty of local area expertise and knowledge will be a huge help in finding those neighborhoods that are hidden gems.

4. Make time for house-hunting.

Don’t plan to only go to showings on the weekend – in this market that’s not a winning strategy. There is actually a shortage of well-priced homes in good condition, and the ones that are also in a desirable location sell almost immediately. If you’re serious about finding your dream home, clear the decks and be ready to jump when your Realtor tells you a new listing just hit the market that fits your requirements. And more importantly – be ready to make an offer if it is the right house. It could easily be gone in a day or two.

5. Don’t waste time on houses that are already sold!

Do you spend your spare time house-hunting on Zillow, Realtor.com or Trulia? Or driving around and calling about houses with signs out front? Then you’ve probably already learned that a huge number of those homes – which appear to be for sale – are not really available. They are very often “under contract” which simply means that another buyer made an offer that was accepted by the seller. These often still show as available on the public real estate websites, but in most cases the sale will close in a few weeks. Work with a Realtor® who will set up a custom search for you so you can focus on just those homes that meet your criteria and are actually still available.

6. And of course, the most important thing is to find a really professional and client-oriented Realtor!

A great agent will make your home buying experience smoother and more enjoyable. Get referrals from friends or family who’ve recently had a good home-buying experience, or call or email a few local agents. See which ones are responsive and return your call or email right away, and get a feel for how professional and knowledgeable they are about the local area and current market conditions. Also check out their commitment to their clients in terms of training above and beyond that needed to get a real estate license. Realtors® who work diligently on behalf of their clients have often invested in advanced training and designations such as:

  • GRI – Graduate Realtor Institute, only 19% of Realtors®
  • ABR – Accredited Buyer Representative, only 15% of Realtors®
  • CRS – Certified Residential Specialist, only 10% of Realtors®

______________________________________

We hope these tips are helpful, and wish you success in your house-hunting!

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Source by Debra L Bellmaine

Real Estate Development Marketing

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When do you start?

As soon as you open your ‘baby blue eyes’ every morning!

“The Easy Part of Property Development is Spending Money” … “Marketing Is What Gets It Back + A Bit More For Profit.”

Anyone can spend money. It takes a good manager to spend it at a predetermined rate in line with a planned ‘cash flow.’

So this topic is very important. People think Development Marketing is all about putting an advert in the paper, designing a brochure and following up the agents … I don’t think so folks!!

Marketing starts before you buy the land.

The location of the land impacts on marketing. Is it a desirable address? Is it in a prestigue location? What market sector of the buying public are you aiming for? Does the site have local prominence? Does the land have quality houses around it?

All of these questions impact on your marketing plan, the home designs you select, the costings and untimate sales prices.

So if marketing starts with the land selection, it logically then goes on to the

design stage. Assuming you don’t want to just copy something you’ve seen another developer has done, you need market knowledge.

You need maket knowledge of the exact standard of product you are competing against in the market now. Remember you won’t be producing yours for another 12 months or so and you’ll want to improve on what is being produced today, so you have a market difference. An ‘Edge.’

Marketing is no more than the presentation of your finished product to the

buying public in the most favourable light, highlighting all the benefits

your home has over the competition.

One kind of marketing style that is a failure as far as I am concerned is the one that is based on the “Numbers Comparison.” I am sure you’ve seen the on site project boards.

Our house has 5 of these, and 6 of those … when that guy’s house only

has 4 of these and 3 of those.

The potential buyer will eventually want to know these things, but “Right Now” they want to know “How They Feel” about living in the place, on your Road, in this neighborhood.

Understand this: People SELL for Money … People BUY with Emotion.

If they don’t feel good in your place, it does not matter if you give then 12 of these and 20 of those … OK?

I have always DEVELOPED and MARKETED on the basis of appealing to the human senses of See – Feel – Touch – Smell & Sound.

I transfer all those into my designs, because I am designing and building for

‘Humans Beings’ and human beings buy with emotions … and if I do my work well, I’ll make a profit.

So as a buyer, if a house looks good when I drive up to inspect it, I am favouable disposed to buy before I open the garden gate.

When my feet touch the pathway/ entrance foyer and see the lovely landscaping my desire to buy is enhanced.

As I enter the house and feel the ambience of the house envelop me I

respond in a positive way to buy, if I feel emotionally comfortable in the space.

When I smell all the new house smells, it translates into ‘fresh’ ‘clean’ ‘new’ and who doesn’t want to buy fresh new things.

When I close the door of the house I enjoy hearing the sound of silence, which is conducive to rest and recuperation after a hard days work.

Think about how you respond to each house you inspect as you go about gaining market knowledge. Do you see, it does not matter how many ‘bibs & bobs’ the place has … if they don’t feel emotionally comfortable in the place, they won’t BUY!

Can you see why this is my number one topic?

So naturally I write about it a great deal in Residential Developmemnt

Made Easy.

So now you have some idea why marketing starts as soon as you open your ‘baby blue eyes’ every morning … marketing is a direct reflection of who you are and how you expresss yourself in creating beautiful livable space FOR HUMAN BEINGS.

The ‘by-product’ happens to be ‘money.’ And if you do it very well,
it happens to be ‘Lots of Money.

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Source by Colm Dillon

Interactive Website Content – A Total Makeover (or Just Some Makeup) For Your Webpage

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CONTENT, CONTENT, CONTENT – Website Real Estate Needs Unique, High-Quality Content

This article is for anyone who uses the web – I assume that includes you since you are reading this.

Webmasters, website builders, and website owners will learn why the type of content is becoming more important and how to find content that is more than just text.

Website users will learn what types of content are available. You can use this knowledge to evaluate sites and waste less time deciding if a site has what you need. You can also add or recommend some new interactive content tools to your personal, company, or favorite websites.

An Introduction to Content: What exactly IS content?

The short answer to that is – it’s EVERYTHING you see on the web! Each web page IS content that is, itself, made up of different types of content. All content is not written and it’s not created equal. Much content certainly is the written word, but content is taking on many forms on the web these days.

Web 2.0 sites like Squidoo, MySpace, Flickr, YouTube, Digg, and Bloglines (to name just a very few) allow users to create, submit and manage their own content. Look at these exciting sites and ask yourself, “What different kinds of content is on here?” You should quickly notice images, photos, video, music, and text to capture and hold your attention. A little deeper look and you’ll probably find articles, ebooks, or RSS feeds.

Have you noticed more and more sites beginning to bring you interactive content? Users don’t necessarily create their own interactive content, rather they use interactive tools on these websites to educate themselves, prequalify themselves, answer their obvious questions, or just have fun. Examples of these interactive tools are online games, online calculators, blogs, maps, journals, voting, and comment boxes. Interactive content is best when it’s colorful, easy to use and engaging while still managing to be useful, helpful and informative.

Website visitors LOVE exciting and high quality content. That’s pretty obvious from the success of some of the sites listed above. What makes high quality content? Users have to have a reason to really like it. That may be because the message it portrays is ease of use, better quality, more relevant, more complete, more fun, more unique – more SOMETHING.

The SEO Dilemma: What is going on with the search engines?

Every website is trying to provide information to people – for different reasons to be sure. Observant website owners know that people want quality information from their sites – not just optimized, keyword laden verbage – and they give it to them.

For many of us, the buzzword SEO (Search Engine Optimization) conjures up this frenzied image of millions of websites competing for page rank and keyword position, which ultimately leads to web traffic and income of some kind. There are books, articles, and companies dedicated to helping you make your site “search engine friendly”. Everyone seems to have advice for how to succeed in this race. Too much focus, however, on high rankings and search position has created huge numbers of unfriendly sites, making it tedious and painfully time-consuming to find even 1 or 2 truly useful sites. Even the most targeted search usually turns up tens of thousands of results. Do these search engine companies really think that’s what we want?

How many searches have you done where the top results are unmaintained sites as evidenced by many broken links, nonworking contact forms and such? Search results are often flooded with misleading descriptions that go nowhere but an ad page or directory listing. (I don’t have anything against directories, just the misleading ads/descriptions that keep taking me there. If it’s a directory TELL me it’s a directory.) Or, worse still, the link takes me to a page full of unorganized links where it’s all but impossible to find anything.

So, how have these dead or ineffective sites floated to the top of the search engine results? A good questions to be sure and I certainly don’t know the answer. They have apparently figured out the SEO formula, but I hate to play that game because I know I’m providing my visitors with quality information. But what good is my high quality site if no one can find it? I believe these search engines want to display the highest quality and most relevant sites, but until they figure out how to evaluate them more effectively, we all have to compromise our standards to please them. A dilemma to be sure!

The Future of Content: What will your site need to stay competitive?

It’s obvious the search engines like Google, Yahoo, and MSN are working to solve this dilemma, but there’s still a ways to go. In the meantime, content will continue to evolve, with new types of content introduced every day. Some of the most popular sites on the web are adding interactive content to get and keep people’s attention.

To remain competitive every site will likely be required to do something unique – offer something different, make it look better, make it better organized, make it more fun – something. If you’re not creating or overhauling your site into a totally web 2.0 site, I believe interactive content is a great way to start. Interactive content is easy to add to your site and can give your visitors the tools they need to prequalify themselves, answer their obvious questions, understand what to expect when they use your service and more.

In the future, it will be even more important that your website be able to quickly establish you or your company as an authority in your field. Interactive tools let people experience your authority through site and touch, not just reading your PhD-sounding articles.

In Conclusion

Hopefully, you are now more aware of the actual types of content you’ve been using and you’ll continue to develop a sense of how these different types of content can be used for different purposes. We’ve discussed the dilemma the search engines have caused site builders. Hopefully in the near future, we can build sites that meet the needs of our visitors and know that if we provide a quality site the search engines will reward us.

For now, we all have to play the search engine game, but let’s give our visitors a reason to stay and return by giving them good quality content. Provide this type of content and your visitors will return again and again, if only to use your useful, interactive tools. In the meantime, your brand and service is being seen over and over (and proudly shared). They’ll be back when they’re ready for your product or service.

It can be hard to decide the best kind of content for your site, but be assured there’s high quality, interactive content out there for everyone who’s looking. Start exploring and good luck!

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Source by Peter Ramsey

7 Top Tips For Buying Property in North Cyprus

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With many top quality developments now being completed, there has never been a better range of property for sale in North Cyprus, or a better time to invest.

North Cyprus Property Top Tip #1: Do Your Research Online

When considering buying any property in North Cyprus, always research your options online first. Most orth Cyprus property developments have websites complete with glossy site maps and impressive floor plans, which only tell half the story. For the full picture, join a North Cyprus property online forum, where real buyers compare experiences of purchasing at specific developments. You can post questions, or just browse the post titles to see which North Cyprus developers keep their promises, and which don’t! Best of all are the independent North Cyprus web sites that offer independent reviews of developments alongside comments from their forum members.

North Cyprus Property Top Tip #2: Pick Your Area

North Cyprus is a beautiful country with several distinct areas, each with their own particular appeal. If you are buying a home for yourself, decide what you want most; walking distance to a sandy beach, or a mountainside location with views over the sea. The same applies to considering possible rental markets or investment potential; golf tourists will wish to be close to the new course at Esentepe, while couples with young children will prefer to rent a holiday home right next to a beach. Make a short list of one or two areas that interest you, then check your online forums for local insights, such as good schools, top restaurants or problems with water supplies!

North Cyprus Property Top Tip #3: Visit North Cyprus

At this stage, don’t take an inspection trip organized by a developer; you need to be free to follow your instincts. Armed with your short list of areas, spend the first two days simply driving around and getting the feel of the places you are interested in. Drop into the local café for coffee, and chat to the locals. See for yourself which developments are actually busy with residents or workmen, and those that are standing empty or half-finished.

North Cyprus Property Top Tip #4: Estate Agent Days

Visit local estate agents and get details of properties in your chosen areas. Only accept details on properties within your price range and arrange viewings for any properties that tick all the boxes. Follow the estate agent in your own car to any property viewings, so if you don’t like them, you can swiftly move on.

North Cyprus Property Top Tip #5: Understanding TRNC Deeds

You must ensure your property comes with a Turkish Republic of Northern Cyprus (TRNC) freehold deed. Due to the division of Cyprus in 1974, these come in four formats;

1. Pre 1974 Turkish Freehold Title, for land or property owned by a Turkish Cypriot before 1974.
2. Pre 1974 Foreign Freehold Title, for land or property owned by a foreign national before 1974. These titles are internationally recognized.
3. TRNC Exchange Title, for land or property given to a Turkish Cypriot in exchange for land and property they owned in south Cyprus before 1974, and have relinquished their rights to.
4. TRNC TMD Title, for land given to Turkish Cypriots for military or government service, or to settlers.

All four titles are acceptable, with the first type commanding around a 30% premium.

North Cyprus Property Top Tip #6: Save Money with ‘Nearly New’

If you want to buy a North Cyprus property you can move straight into, consider resales at recently completed developments. Your property should be already sorted with all utilities, minor snagging issues ironed out, and yet the property should still be in excellent condition. Unlike new build properties, where your money may be tied up for two years with no return, a resale property can be enjoyed or rented out as soon as you get the keys!

North Cyprus Property Top Tip #7: Get Professional Advice

Buying any property is a major financial commitment, so don’t be pressured into signing any agreement. Always employ your own, independent solicitor to advise you and act on your behalf, never one suggested by a property developer. With a complex buying process, new tax laws and various permits to be gained, a good North Cyprus solicitor is well worth the modest fees they charge. Again, online forums are good sources of feedback on reliable firms – and those to avoid.

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Source by Izzet Zorlu

Real Estate Niche Keyword Domain Names Are Very Important to Your Business

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Are you starting a website for the Real Estate or Realty niche? Are you starting a website for your Real Estate or Realty business? Either way, you need a keyword rich real estate domain name if you want to get rankings in search engines. Having a keyword rich real estate domain name will also help you market your business easier. People are more likely to remember your domain name if it’s something like WorldsBestRealty.com instead of Bobs-Real-Estate.com. You need a domain name without numbers and without dashes, people won’t remember them. Your real estate domain name has to be something they will remember. It also looks more professional if you have a real estate domain name.

Having keywords in your domain name is also important for your search engine rankings. Search Engine Optimization companies agree that the domain name is one of the most important parts of your website. You also have an increased chance of getting type in traffic. Type in traffic is when someone just types in keywords into their browser address bar and see what happens. Some of the newer address bars will take the surfer to a website that has the keywords they typed in. Having the words Real Estate or Realty in your domain name will greatly increase your chance of the browser taking the surfer to your site.

If you plan on advertising your real estate niche website or business in Google AdWords, having a keyword rich domain name will help you there also. It shows Google that your website is about Real Estate. Part of the “equation” that Google uses when trying to figure how much to charge you per click, and where to rank your ad, is your Google AdWords Quality Score. The higher your Quality Score, the more Google thinks your site will help the searchers, so the less they will charge you. Although Google keeps a very tight lip on how they figure out the Quality Score, having the words Real Estate or Realty in your domain name should help.

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Source by Dennis Graves

Disadvantages of For Sale by Owner Transactions

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A property owner may have a vast amount of information about his or her home’s specifications. However, knowing about one’s property and closing a deal are two completely different things. Many homeowners falsely believe that For Sale by Owner transactions are the best option. They may choose these kinds of transactions in order to maximize profits, to minimize expenses, or because they think it will be easier.

It is statistically proven that the vast majority of houses in Laval were sold with the assistance of a professional real estate broker generate more significant profits. These profits are usually more than sufficient to cover commissions and pocket additional money. The National Association of Realtors declared in their 2013 Profile that “For Sale by Owner (FSBO) transactions accounted for 9% of home sales. The typical FSBO home sold for $184,000 compared to $230,000 for agent-assisted home sales, a difference of $46,000 – or an addition $32,200 after agent commissions.”

For sale by owner

Disadvantages of For Sale by Owner Transactions

There are many disadvantages to not working with a professional real estate broker. Here are a few to consider.

Buyers working with brokers will sometimes avoid placing offers on For Sale by Owner homes, which narrows the pool of potential buyers.

Most For Sale by Owner success stories involve buyers and sellers that previously knew each other.

Homes for sale by owners stay on the market an average of eight weeks longer than those listed with a broker.

Dealing with unqualified buyers can tie up homes for weeks, which could cost you the attention of viable potential buyers.

Buyers don’t usually pay commissions for a broker’s service, advice and insurance protections. Many buyers hesitate to purchase without insurance protection unless they get a great deal. This contradicts the For Sale by Owner goal of profiting more by saving on commissions.

The Advantages of Employing a Broker

Brokers have access to market data, are aware of the latest transactions performed in the community, and they collaborate with homeowners eagerly seeking to sell comparable properties also on the market.

They can be sure to price your home accurately. Market analyses have repeatedly demonstrated that homes priced correctly when first listed not only sell faster but also secure higher profit than those that are not.

It is the broker’s duty to take care of your business even if you are not present. He or she can show your home when you’re not available, is always ready to answer phone calls from potential buyers and their agents, and can provide you with valuable feedback.

Brokers have the experience to objectively evaluate and assess the condition of your home. They may even propose means to improve and emphasize its worth, suggesting tasks such as minor renovations, cleaning and staging.

With For Sale by Owner transactions, the seller must be present for all showings, which can make prospective buyers uncomfortable. Working with a broker allows prospective buyers to relax and visualize themselves in the home without the pressure of the homeowner hovering over them.

Brokers have widespread marketing experience as well as associations with other brokers.

Being experienced negotiators, brokers can obtain the right price for your home.

They’ll guide you through all the paperwork, ensuring your compliance with regulations. They will also see to it that all timelines are prudently met, including home inspections, appraisals, surveys, lending deadlines, and closing.

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Source by Nizaar Gherfal

Beat the Slowdown. Here’s How to Find More Customers for Your Real Estate Brokerage Business

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The real estate brokerage business, like any other business, has its own ups and downs. At one point, the business will be booming and you will have more customers approaching you than you can handle. And then, there will be times when your schedule will not be as packed.

Instead of wasting your time waiting for customers to find you, experts recommend putting some effort to find new customers yourself. Being proactive and taking the necessary steps to find more customers will take you way ahead of your competition.

Finding more customers is never an easy task but it can be done with a strong game plan, pragmatic approach and persistence. Here are a few tips that can help you find more customers for your real estate brokerage agency.

Put Up a Website and Promote It:

If you do not a website, it is high time you get one. In fact, it must be on the top of your to-do list when you decide to find more customers. Having a website to represent your business online will help people looking at the web for real estate deals find you faster. If they like what they see on your site, they will be interested in availing your services.

Now the trick is to not just publish a website and plaster content all over it but to plan the website layout, design and content well to give you the results you want. Hire a digital marketing company to apply a few real estate SEO strategies to make your website show up in the search results for relevant search terms.

Invest Time in Social Media:

Social media is the typical hangout for people these days. You should use the power of social media by building your social media presence on a few platforms that are relevant to your industry. This will give you the opportunity to be a part of the conversation your potential customers are having on social media. Answering queries promptly, sharing relevant information on your profile and taking an active part in important conversations relevant to your field will help build trust. Provide value in your conversations so that your customers feel inclined to check out your services and get in touch with you.

Continue Making Cold Calls:

You must continue making cold calls since prospecting is an integral part of any real estate brokerage business. Your income is directly proportional to the number of active clients you have at any point during the year. This will also help cover for any slump in acquiring new clients during any part of the year. Asking for referrals from your current clients can also help acquire new clients. If you are doing good work, your current clients will bring in more clients through word-of-mouth publicity which is the best form of publicity, and on top of it, is absolutely free.

In addition, before we wind up, networking is one of the most important things for a brokerage business. Attend meetings, sign up for training seminars and take up courses to stay ahead of the competition. It always helps to go the extra mile since it allows you to stand out from the competition and makes your customers trust and value your services that much more.

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Source by Aman Malhotra