Real Estate Agents – Strengths and Weaknesses in Listing Commercial Property Today

In this commercial property market there are some real pressures and challenges that confront a lot of property owners when they want to sell or lease their property. They need the help of top agents that really understand the local area, to help in moving the property.

Contrary to popular belief, it is in markets like this that good agents can make a lot of commission. It all comes down to the way in which they package their services and help their clients.

In simple terms, top agents and experienced agents can do very well today providing they work the local area and their database. A good database will always get you through any market conditions and frustrations. In saying, that I am a big believer that a salesperson’s database should not be delegated to the office administrative staff to control.

Every salesperson should take ownership of their database; in this way they will get good activities from it. In this market you need leads that you can do something with. When a database is passed over to the administrative staff to control, the inevitable result is inaccurate and old data. The database soon becomes redundant. The salesperson doesn’t keep it up to date.

Become Change Agents

So we are the ‚agents of change‘ when it comes to helping our property clients an owners get results in this market. We should know how to attract the right people to every property listing that we take on. Exclusive listings are more important in today than ever before. Some top agents will not take on ‚open listings‘ for the very reason that they are a waste of time and effort.

When you know the drawbacks of the industry and the listings today, you can offer the clients that you serve some solid solutions. So what are the drawbacks? Here is a list of some of the bigger ones:

  1. The time that it takes to sell or lease a property can be longer today. Every client has to be conditioned for the best price or rent so the time on market is not lengthened. The first few weeks of every marketing effort are the most important. Position the property correctly to get the best enquiry in this time.
  2. High prices and high rents will achieve nothing. The price or rent for the property should be optimised for enquiry. You have to do more with less when it comes to marketing and inspecting of properties.
  3. A larger number of competing properties can frustrate your marketing efforts and time on market. Check out these properties before you do anything with your listing.
  4. Buyers and tenants are slower to enquire, inspect the property, and then make a decision. Your skills with each stage of the listing should be optimised. Hone your skills accordingly.
  5. Limited finance can put some ‚brakes‘ on the larger deals. Find out where your prospects can get finance from and what the criteria of approval may be.

Whilst these may be drawbacks in the market, they are also opportunities for agents that can get focused and organised. Every problem is an opportunity in disguise.

Are you a solution provider in this commercial real estate market? Top agents are just that. You can be too.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by John Highman

Basics of Putting Up Houses For Sale

Many homeowners are planning to put up their houses for sale. The reason behind this decision varies from family to family. Some want to move on to better homes while others want to just close a chapter in a particular city. So what does one need to do in order to put up their houses in the market? What are the basic requirements that you need to meet in order to successfully complete the sale? Here are a few tips to help you.

Most home owners hire the services of real estate agents who help in putting up the property for sale and advertising the property in suitable places. The agent brings prospective purchasers to the house and highlights the unique features of the property to them. In order to make sure that your house gets sold fastest, you need to make your home as presentable as possible.

Buyers do not expect the best in second hand homes, but a more presentable home has a higher market value in the real estate business. Therefore, homeowners are advised by agents to take up the following steps that will help them to get a lucrative deal on the sale. Here is a list of the important measures required to optimize the sale:

1.Repainting of the house is important to get a fresh look into the property. Holes and cracks must be filled by using proper plastering. Windows are to be washed and kept in a clean condition.

2.The front porch, door, walls and decks must be cleared of any clutter that usually accumulates due to long term exposure to weather. The main aim is to give a welcome look to the front of the house.

3.Landscaping is an important aspect of any house and requires to be attended to at the time of sale. Owners need to clear any junk and make the area in the front and back of your house free of debris.

4.The interiors of the house need to be kept in a clean condition with revamping of all the parts of the house including the walls, ceilings, carpets, doors and windows.

5.Highly frequented areas of the house like the bathroom and kitchen, undergo maximum wear and tear. Therefore, these areas of the house need more repairs and cleaning. If appliances are being provided then you need to check if all are in good working condition.

You need to undertake these steps so that your property has more demand among other houses for sale.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Gardner A Wilkinson

Becoming a Foreclosure Consultant

A foreclosure consultant is a professional that offers to help you resolve you foreclosure problems. They can do this in several ways, which include:

• Postponing or stopping the foreclosure sale

• Getting the homeowner a forbearance, which is when the foreclosure consultant gets the homeowners mortgage payments postponed for a short period of time or getting the payments lowered

• Getting the homeowner an extension of time to reinstate their mortgage, which involves giving them time to pay off past due amounts and bring their mortgage current.

• Getting a waiver of an acceleration clause in their mortgage. This clause is what gives the bank the right to demand in full the immediate payment right after the homeowner defaults on the mortgage

• Helps the homeowner get an advance of funds or a loan to help pay on the mortgage

• Helps the homeowner avoid seriously hurting their credit rating,

To become a foreclosure consultant you have to become an attorney or apply for a government license. The professional requirements vary but generally the government will require that they register with the attorney general or a department of justice after they have fulfilled the training requirements. There are two types possible license. If you want to become a foreclosure specialist for an established agency you would have to have an associate’s license, also known as an agent’s license. If you want to be self-employed and have your own foreclosure consultancy business you would need an independent license.

The application process to get your license to become a foreclosure consultant involves:

• Undergoing pre-licensed training, which is about fifteen to twenty-five hours of in-person or online instruction that is specified by the local attorneys general.

• Paying licensing fees

• Becoming bonded

• Submitting a completed application that includes your background information, business details if starting your own foreclosure consultancy business, and any other qualifications like experience in mortgage lending or real estate.

In some cases you may also have to take a licensing exam. Once you receive your license you will need to register with the local government before you can begin practicing as a financial consultant. Generally the licenses expire after twelve months so you will have to complete continuing education and pay a fee to have them renewed. You will also have to submit a financial statement prepared by a certified accountant to the government. The foreclosure consultant will also need to set up a trust account to hold any money that is being transferred between the lenders and homeowners. If you have an independent license you will have to review the actions of any employees or associates each quarter. Those with an independent license must also obtain a bond for their services.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Lora Davis

How to Find Real Estate Buyers by the Dozen

Buyers are out there, it’s just a matter of rounding them up and keeping in touch. It helps to be able to determine which type of buyer you are hunting for from the start. Remember this: you’re the person who has something they want when a buyer calls you; if you are calling them then you are trying to sell them, let’s insure buyers call you so you remain in the position of power from the start. You should Be a Real Estate Heavy Weight.

Let’s look at a few categories of typical buyers to get some perspective on their mindsets and how and when we’ll market to find them in order to supply their real estate buying needs.

o Rehabbers: These are folks looking to fix and flip property for quick turn profits.

o Landlords: These are folks looking to buy to rent out to others for long-term equity accrual while generating a positive cash-flow every month.

o Wholesaler’s: Will either buy or put an option on your contract to hopefully flip the paper to another buyer who is willing to pay more.

o Lease Option end-buyers: These are folks who can’t qualify for a loan of their own but want to be home owners as opposed to renters again.

o Retail Buyers: These are end buyers who can obtain a mortgage or have cash and generally buy the property for their own housing needs.

There are variations of buyers out there but the above 4 types are generally considered the prime targets of people who have property to sell. Understanding each buyer’s mindset helps you to market to those buyers interests, do they want quick cash, long-term wealth, tax deductions, a place to call home etc… If you ask enough general questions you’ll quickly discern which type of buyer you have at hand. Once you know, you can then tailor your offers and present properties that satisfy what is important to them.

Buyer: Someone who is ready, willing and qualified! Those that aren’t qualified may be perfect tenants, lease option buyers or owner finance candidates, so qualified can have different meanings.

Ready: Someone who is in the market to buy within 1-45 days, keep in mind a retail or lease option end-buyer generally buys once and they’re out of the game, landlords, rehabbers and wholesaler’s are more likely to buy multiple properties from you over time as they accumulate, sell or flip existing assets. Having active buyer’s lists in different categories that are often ready to buy property is a very smart way to operate.

Gee Danno, how do I find these people? Ah! I’m so glad you asked! Let’s start out with one of the all time greatest methods to kick-start your building a buyers list. In your search for bargain priced properties of your own, it makes sense that you will eventually find a very good deal, once you have a superior deal to offer you turn around and market that property at cost! Yep, no profit for you on this one. Why? Because you are going to advertise that property to every investor and potential property buyer on the planet!

The reason for this is that you will get the most calls and response when you advertise a screaming deal! Granted you’ll most likely sell that deal relatively quickly but you’ll be gathering information from each potential buyer who calls to build your buyers list for future properties that you offer. If you don’t have a property of your own to sell, ask someone who does! I can assure you that they aren’t going to turn down your offer to advertise their property for them for free! You might negotiate a small fee if in fact you do sell their property but your main objective is to build you buyers list!

Let me give you an example of one way to collect potential buyers by the dozen, hold an auction, advertise for a solid week in advance so you attract the most amount of buyers, begin with bandit signs, placing about 100 of them around a 5 square mile area of the property, we just did this and had 800 calls because it was a great deal of those 800 calls we had 300 people show up on auction day, of course the home sold but we also added new buyers to our buyers list.

Here are ways to advertise for those buyers:

o Bandit Signs

o CraigsList

o Backpage

o GoogleBase

o Postlets

o Zillow

o Pay Per Click Ads

o Local online Classifieds

o Media Website

o Flyers

o Newspaper/inserts

o REIA’s

o Direct mail/post cards

o Start an investors MeetUp group

o Email

o Phone

o Fax

o Your own website

Use your imagination, the list is limitless, there is a free e-book called the Internet Real Estate Yellow Pages that you can download for free at my site MagicBullets.com go grab that and you’ll find 100 more ideas and places to list your deals. Now go Be A Real Estate Heavyweight!

Dan Auito :~)

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Daniel Auito

The Future of Real Estate: Buying a Home in 2018

An extensive ideology of the real estate industrial scenario in the upcoming future.

The industry of real estate has undergone a massive revolution in the recent years. Globalization and industrialization can be considered as two of the significant parallel factors behind the occurrence of the same. There are ample factors that have been responsible for affecting the condition and nature of the landed-property domain and have made it comparably complicated than before. On that note, it is becoming difficult for people to choose where and how to invest their money. Well, everyone wants to invest in a property to get a higher ROI, and this article is going to talk about the tips and bits of the upcoming scenario of the landed-property industry and the tactics of investment in the same.

Understanding the evolution and possibly real estate changes

It is necessary for investors to understand that the business of real-estate might look transparent from a regular perspective with a robe of simplicity on. However, certain crucial aspects need to be investigated before investment in any property. The idea applies for all types of investment in fact that includes commercial, industrial and residential. There are no specific predictions that can be concluded to. However, certain benchmarks and estimations can be considered to reach to a more or less precise forecast. Investments do not always promise luck, but as a purchaser, you definitely have the liberty to choose the best place to make a residential investment. On that note, the industry of real estate in Mexico has been running at the peak satisfying most investors at the present time.

Keys to making a successful investment in the long-run

As mentioned before, the landed-property industry has ample complications attached to it if you are not planning your approach in a comparably wise way. The foremost concern that will likely present you with a satisfactory return or a punctual arrival of rent is to invest in the right place. Investors often make the mistake of not being aware of the occurring evolutions in the landed-property industry around and rushing into a decision of making an investment in a property that might not be worthy which eventually leads to a fruitless exercise. As already mentioned before, the domain of real estate in Mexico is one of the finest examples of appropriate residential investments in the present time and is also considered to maintain a similar record in the upcoming years.

Some of the core to extensive changes in the paradigms of the landed-property industry, in a nutshell, involves an increase in the mortgage rates, a possible future effect on the passing of tax laws, increasing of landed-property properties in specific locations. So, in this saturating market scenario, it is wise for investors to be hyper-aware and take each step with a certain level of precaution and estimation. One of the finest approaches to make a smart purchase would be to perform extensive research on the current market to settle for the choice. The process might be conventional, but there is nothing like self-analysis at the end of the day.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Tere Kimball

Unscrupulous Realtors

As a real estate agent I am horrified with some of the things that other agents do to make a sale. I began my career after having a couple of these agents literally lie and deceive me on the sale of a home myself and decided that someone needs to be out there for buyers and sellers that will handle their clients fairly and honestly.

Now that I have been in the business for ten years I am outraged at what I see out there and want everyone to be sure their agent is really being upfront, honest and handling your transaction the way you deserve to be handled.

I have seen homes that should be on the market, open to all buyers and their agents being held back by the list agent while they tried to get their own buyers to have first shot at making an offer on the home. This goes for a recent encounter of an agent that lists hundreds of foreclosed homes for the banks and keeps some of the homes from being actively on the multiple listing system in hopes their own team members can procure a buyer and double dip. They have held these homes from other buyers and agents for up to thirty days. If the bank knew this kind of business was happening with their foreclosed homes they would lose the privilege of listing hundreds of homes and making thousands of dollars. This is a disgrace to the business and honest agents.

Agents have produced false documentation on repairs that were to be made on a home but the repairs have actually not been made but receipts produced showing the repairs have been made. Imagine being the buyer, finding out months or years later that a repair that was to be made was never actually done. This type of behavior is an embarrassment to all of us in the business. These agents continue to act this way and I have personally run into the same agent over the course of many years continue to falsify documents, mis-represent homes and documents.

When you go to hire a real estate agent do not think that just because they are a huge known agent with a large team that your transaction is being handled with the utmost care and with complete honesty. Unfortunately, some of these bigger agents bully their way through a transaction and do not seem to care how many rules they are breaking. Be particular, pick wisely and watch out for this type of behavior.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Nancy Niblett

How Does the Nebraska Foreclosure Process Work?

In today’s economy foreclosures seem to happen everyday. By fully understanding the process you can have a better grasp of your situation and help you make the most effective decision possible. If you are facing a Nebraska foreclosure it is important that you understand some basics:

Nebraska has a Non Judicial process under power of sale and deed of trust.

The foreclosing party or bank must record a notice of default at least one month before receiving notice of sale and mail a copy to you with in 10 days. After thirty days expire, notice of sale is then published once a week for 5 consecutive weeks. Notice of sale must be sent to borrower twenty days prior to sale.

You may reinstate by paying the amount due to the lender within a month after redecoration of notice of default.

Deficiency judgments may be obtained by filing a separate lawsuit within 90 days of foreclosure sale.

Now that you’ve read the basics here are some reasons why homeowners may be facing foreclosure: Divorce, death in family, inheritance, job relocation, job loss. There may be many other reasons but these are the main ones.

Nebraska foreclosure starts when homeowners are unable to make mortgage payments. Then the bank sends out a notice that the foreclosure process has began. After the bank begins the process, usually it takes around 60 days, the house is reposed by the lender and sold for the balance that you owed on the property.

There are ways that homeowners are able to avoid the foreclosure but homeowners aren’t always able to steer clear. Once the process has begun there are although it may seem impossible to stop there are several ways for homeowners to stop foreclosure. You can go to the lender and ask the lender for a loan modification. This is simply asking the lender if you are able to pay less money for a shorter amount of time. It is negotiable depending on the lender and circumstances. Also you can pay the balance due within the time frame of the foreclosure sale before the home is repossessed and sold. Also you can pay the entire loan balance before the house is sold.

There are many reasons why homeowners may not want to be foreclosed on, but the main reason are loss of home and damaged credit. Although it seems stressful and impossible it cane be overcome.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by DaMonni Denson

The Several Techniques Used to Value the Land of a Property

Valuating land has a direct relationship to a highest and best use analysis. The comparison between highest and best use and land or land value will show whether an existing use is the highest and best use of the land.

The valuation of land plays a huge part in the total valuation of property value or real estate. Appraisers will often create an estimate of land value separate from other features of real estate such as building improvements. The land value and building value will change to different rates depending on the improvements and their corresponding depreciation factors. For many estimations of real estate valuation, a separate figure for land is the best way to evaluate the perceived value.

Although total property estimation may be brought forth from direct comparison or income approaches without separating land and building values, it may be needed to value the land separately to detach the land figure from the overall real estate worth. In the cost approach, it is an absolute necessity to estimate land and improvements separately.

Creating an opinion of land value can be presented as a separate hurdle in the valuation process. You may use several techniques to attain an expression of land value including the following:

– Direct Comparison

– Extraction

– Land Residual

– Ground Rent Capitalization

– Subdivision Development

– Allocation

Usually the most accurate and effective of the techniques to derive a land value is the direct comparison approach. However, when there are a limited number of sales available or when the estimate produced needs addition support, other techniques could be used to back up the comparison approach such as the ones previously mentioned. With the allocation technique, either sale transactions of improved properties may be analyzed or the total prices paid would be allocated between land and the improvements. Comparable sites under development may also be analyzed and the cost of the finished properties should be allocated between land and improvements or buildings. Under the extraction technique, land value is determined by subtracting the estimated value of the depreciated improvements from the known sale price of the property.

The other methods of land valuation that were mentioned all use Income Capitalization. Using these techniques are subject to more limitations and are used less often in the estimation of land. The subdivision development technique is a special method useful in specific land use cases. The land residual technique is used most often the highest and best use analysis to test the feasibility of different uses that to value land as part of the traditional approaches to value. The ground rent capitalization can be used when land rents and land capitalization rates are available in the focused market or area. A comparison of that information will then be cross-referenced to the subject land in need of an estimate.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Jonas Perov

Shortening, Butter or Margarine – What is Best for Baking Cookies?

There is so much controversy about what is best to use for baking cookies. You may find yourself scratching your head trying to figure out this dilemma. Which one is healthier to use than the other? With a little research we can solve this dilemma.

First, what is shortening? It is a semisolid fat and refers to a hydrogenated vegetable oil. There is so much controversy about what is best to use for baking cookies. You may find yourself scratching your head trying to figure out this dilemma.Hydrogenation is a process of bubbling hydrogen through vegetable oil, changing its chemical structure. This process turns the liquid to a solid at room temperature and below. Shortening is 100% fat. Butter and margarine contain 80% fat. Hydrogenation produces trans fats, which are the unhealthy fats known to cause heart disease. The advantage of shortening over butter or margarine is its smoke point (higher temperature before burning). Another advantage is its has a higher melting temperature. During the baking process of cookies it helps dough hold its shape longer. This allows the flour and eggs to set, keeping the dough from spreading too much. There are some new shortening products on the market that contain no trans fats or very little.

Second, what is margarine? Margarine is again made from vegetable oils and contains no cholesterol. Margarine is high the in good fats (polyunsaturated and monounsaturated), but contains some saturated fats. Some margarine is worse than others. Hydrogenation solidifies the margarine. The harder the margarine the more trans fats it contains. Trans fat raise levels of bad cholesterol and lower the levels of good cholesterols, which makes it worse than saturated fat. Tub margarine is lower in trans fats than stick margarine.

Third, we all know that butter is created from a dairy cow’s milk cream fat. Being that, it is animal fat, which is loaded with saturated fat and cholesterol. Butter and margarine are equal in calories and fat. Each contains about 35 calories and 4 grams of fat per teaspoon. Butter is believed to contain traces of hormones and antibodies fed to the dairy cows. On the bright side butter contains fat-soluble vitamins A, D, E and K.

OK, now that you are confused now more than ever let’s compare. Margarine is better than butter when it comes to our heart, but falls flat in the flavor department. Butter also adds a creamy texture. Shortening helps to keep your cookies from deflating or spreading out, but again it does not enhance the flavor. In fact shortening has no flavor. If you are a fluffy cookie fanatic use half shortening and half butter. You get the raised cookie with the buttery flavor.

Finally, what should you use, salted butter or unsalted butter. Salt in butter acts as a preservative, so butter won’t turn rancid when left out at room temperature. The down side is you are adding extra salt to your recipe. The problem with reducing salt in a recipe to substitute for salted butter is different brands of butter has different salt contents. The rule of thumb is when using salted butter reduce the salt added ½ teaspoon per cup of salted butter. The purist baker will always use unsalted butter. That way they can be in control of the salt being added to the recipe. Salt in butter is also believed to add flavor, overpowering the sweet butter taste, and mask butter odor.

When it comes right down to the decisions between shortening, margarine, salted butter or unsalted butter is a personal preference. But at least with information we can make an informed decision. The best way to decide what is best for you is experiment. Try different ways to bake cookies and have fun. As they say, „The journey is the best part of the trip.“

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Frank Carter

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