Five Important Property Investment Ideas to Follow

Nowadays, planning for property investment continues to be high among individuals. Every investment should be about increasing your capital and secure the future. However, we cannot make sure that all real estate investment will deliver positive results. Thus, here are five important investing ideas that will be essential for every land investor.

Selecting the Right Real Estate Company/Agency/Broker

You may wish to buy an empty land, constructed home or plots for sale. If you are investing through a company, agency or individual broker, then ensure about their trust among people in the society. Further, check for their track-record and previous customer feedback or testimonials. This will be an important factor to end up with a successful property investment.

Know the Fundamentals of Realty Investment

While if you go for a property agent or broker for investment, then initially you should not rely on them. You should first gather information related to the condition of the current real estate market, and then know the fundamentals of investing in properties. As this will help you to avoid any possible risks and make a profitable investment in the city you live.

Types of Real Estate Investments

Since, there are different types of property investments such as, Buy-to-let, Below Market Value (BMV) and Off-plan properties. Thus, the type of stake is also important. So, make sure what kind of investment you are looking for to yield a good profit.

Location of the Property

The location of the property always plays an important role while investing in real estate properties. As you may want to use the property, or sell it to someone in the future. A residential or commercial property that is in a better location will always gain good future appreciation. Thus, a location of the property will be an added advantage and proves to be a wise investment.

Property (ROI) Return on Investment

While investing in a residential property and if planning to let it for rent, it brings you instant profit. In this case, it is vital to make sure that you can get tenants for your residential property and the rental demand in the locality. In addition, buying a rental asset depends on the location, home type and many other important factors. Some real estate companies also help home buyers for rental needs.

Therefore, make sure you stick on with these five important real estate investment ideas and follow it accordingly for a successful property investment.

Yes, It Is Possible To Sell A Home In Less Than A Week

Selling real estate without an agent doesn’t have to be a long, arduous and energy-draining experience. Yet you still find a townhouse for sale or estate agents listings dragging on for weeks or months on end. It is possible to sell a home in less than a week, whether you have never sold one or not!

In someplace like, for instance, it can be easier and quicker to sell, more than anywhere else, mainly because for every property listed online, there could be 7-10 potential buyers. But all this depends on a plethora of factors, including Property Hosting’s assertion that over 75% of these buyers start their house searches online.

Today, you are going to learn about the ingenious hacks and tricks that can enable you fast-track your home sale process.

  1. Home Stage, take superb photos, upload them online!

Because you are listing your property online, let the house look incredible. From the drop-dead stunning sitting room, an urbane kitchen, cool study and other vital areas, let everywhere be an absolute stunner. Today, it is a good idea to find a pro in home staging to plump up those cushions, set fresh flowers on top of the table, re-pleat curtains and de-clutter the surfaces on your behalf.

  1. Put out the word

Listing your property on several property listings websites and placing newspaper ads isn’t enough to woo enough clients and eventually land a nice deal. Sing out to everyone that your property is up for sale – neighbours, workmates, Facebook friends, church mates, etc. You could even erect a giant banner right outside the gate for all to see!

  1. Now, be ready to handle streams of potential buyers

Keep your phone lines open, be as present on Facebook as possible and reply to phone calls and texts that relate to the advert. While at it, be wary of those property agents who will emerge with juicy valuations. Instead, trust those who have strong reputations for similar property sales in the neighbourhood.

  1. Play ‘hard-to-get.’

With the best photos of the most vital details and their respective descriptions available online and your phone ringing endlessly, let the newfound publicity do its magic. Start by turning down all viewing requests, of course, in a courteous way. Use an even better excuse like “I decided to include a few pre-sale improvements.” Those who are really vehement in buying it will reach out with more enthusiasm, which will most definitely result in a faster sale.

  1. But, what if you can’t avoid accepting visits from potential buyers?

Well, make sure the first impression counts. With that being said, de-personalise the house, keep all clutter away and be sure to keep the whole house looking fresh, cosy and magnificent.

  1. Be ready with what your solicitor could need

Arrange your window and door certificates, building regulation certificates, warranties and other legal documents so that they are available when they are required. Also, be sure to have the title deed ready since this is the most critical document.

  1. Finally, have an experienced estate agent within your reach

They are those guys who live and breathe property sales and will most probably know what a potential buyer will like to know. A seasoned property agent will be on hand to answer all questions, respond to any concerns and ensure everything ends well.

Real Estate: What You Need To Know

People generally get confused with the term real state and real estate Business. Real estate itself is not related to business as it represents a property of land and building that too, including the natural sources, such as flora, fauna, crops, parks, pools etc. that are immovable and lies in the property’s premises. Whereas real estate business is the profession of selling, buying or renting these properties.

Real Estate Agents

It’s a tough task to match the needs of buyer and property sellers, as buyer may not get his dream property and at the same time the seller also may not get the price of his wish. To establish a good connection between buyer and seller and to find the right buyer for a seller and vice versa, Real Estate Agents can be hired that are easily available in the market. Real estate brokers or agents are the ones, who acts as an intermediate between property buyer and seller and tries his level best to match their demands. Buyers for buying and property owner for renting or selling their property get in contact with the agent. The agent listens to their demands and try hard to fulfill them, for a property sold or rented in his supervision, the agent charges some percent of the price of that property from both the parties, i.e. the owner and the buyer. Agents use websites to promote the sale of properties, often work at nights and weekends busy in showing properties to buyers.

Things you should know about Real Estate Agents

Although agents are such a bliss to those who are struggling to get a property or a price of their interest, but we have to be wise when it comes to choosing an agent. Agents are not bound to show you best properties or tell you all the things they know, they might get greedy sometime and show you properties that are going to profit them more than you. On the other hand, for property owners they might end up, leaving you with paying guest that can trouble you in future, in fact, as the general goal of an agent is to sell the property as soon as possible, they may excite you and ask you to sell your property at comparatively lower prices than that you expected, and would be getting after some days. It’s better recommended to choose your agent and the other party to buy or sell wisely, after taking your time, and not to get excited on every other offer you get.

New Real Estate Business Mediums in market

Now-a-days many online sites and applications have been developed to remove the work of agents. Both the parties contact with each other directly and choose the deals of their interest. Though, this move has increased the transparency between both the parties, but because of being fully online, may result in misleading each other. That’s why it is highly recommended to see the property in person before booking it. As the thing that seems to be good and satisfying online can be completely opposite from that what you will be getting in real.

What You Get From A Real Estate Agent Service

Buying or selling a property? There are various tools for selling and buying a house and you can proceed with the process on your own. However, there is a marked difference between going through the process easily and just being able to buy or sell a property.

Surely you know that a big investment of time, effort and even money is involved in buying or selling a home. But you can benefit from the services of a realtor and avoid the complex process. Below are the reasons why home buyers and sellers enlist the aid of real estate agent.

They have the knowledge of the market.

Real estate agents leverage their knowledge and understanding of crucial matters in the market. Included here is the listing price. With the invaluable advice you get from these property professionals you can get the most of your investment if you are buying a property. If you are selling, then you can sell your property at a more competitive price.

They are well-versed in negotiating.

Your agent will talk on your behalf. With their negotiation expertise, you can get better deals as a seller or buyer. Otherwise, such deals would be unavailable to you.

They handle time and effort consuming tasks for you.

You can focus on other important matters because all the hard work of property buying or selling is done for you. Your real estate agent will handle works like marketing, showing the property to prospective buyers, open house coordination, and so on.

They have the access to new listings.

This means you also get the latest listings even before they get advertised. If you have a property you wish to buy, property professionals give you advice about the process of negotiation. If you are selling on the other hand, you get in touch with more prospective buyers through the network connection of your agent.

They have connections.

You can get your team of professional. With their connections, they can refer you to reputable lawyers, contractors, inspectors, movers, etc.

They are your trusted advisor.

Your agent offers timely and objective advice as he or she guides you throughout the buying or selling process. With his or her knowledge and experience, you can proceed with the assurance that you are making the right decision.

They give you the best outcomes.

With reputable property professionals, a buyer can get a good deal on a property and a seller can give a property at the best possible price.

Commercial Real Estate Agent Prospecting Facts and Strategies

When you work as a commercial real estate agent or broker, it is essential that you develop and implement a prospecting program to generate new business leads. It is a personal process and it is not something that you can or should delegate.

I am amused sometimes when I hear that an agent has paid considerable money to a marketing company to ‘cold call’ their entire sales territory or market segment looking for leads and prospects to serve. Delegating the prospecting process to a marketing company or another ‘unskilled person’ is a waste of time and money. Commercial real estate is an industry built around personal relationships and trust; a marketing company or employed canvasser cannot offer that level of communication or service.

So why would a real estate agent employ such a ‘marketing firm’ to make prospecting calls? The answer in most cases is glaringly obvious; the agent doesn’t have the skill or the discipline for the prospecting process to be successful.

If you want to win the new business, then you will need to do it yourself. Yes, it takes time to get results and you will need to develop some new skills, but discipline will help you get to the results that you are seeking.

One thing should be said here; commercial real estate brokerage is tremendously rewarding for the sales people that can work hard and to a system or plan. Looking for leads and opportunities is part of the process or game. It’s a personal thing and it can’t be delegated.

Here are some way’s to find new business, better property listings, and good clients:

  • Redundant Properties – Some properties will move to a level of redundancy due to age, deterioration, change of zoning, or lack of tenants. When this happens it is time to move to the next phase of the property ‘lifecycle’. A good real estate agent can see the signs early and work closely with a property owner as they start to deal with the issue of investment change.
  • Vacant Land – As a city expands or suburbs change, vacant land will be rezoned for new development. Keep ahead of this opportunity by monitoring the planning and development applications at your local planning approvals office. Get copies of the public minutes of the planning committee meetings.
  • Old Listings – Some listings don’t sell or lease at the first attempt. What you can do here is withdraw the property from the market today and then revisit the property marketing effort a few months later in another and perhaps different marketing approach. Refreshing a listing is a valuable business process.
  • Open Listings – The best way to sell or lease a property is through an exclusive listing process. Open listings are very much a process of luck; most open listings stay on the market for a very long time and on average are far less successful when compared to the dedicated marketing efforts of an exclusive listing. Revisit old open listings to see if they can be optimised for a fresh marketing effort.
  • Larger Businesses – Local businesses are involved in property either as tenants or as owner occupiers. Business owners will need help with property from time to time. The best way to tap into that opportunity is through direct and ongoing contact. Cold call every business in your town or city and speak to them regularly about property needs and changes.
  • Surrounding Other Listings – When a competing agent puts a property on the market, you can use that listing as a reason to talk to all adjacent and nearby business and property owners. One property listing can be the catalyst to talk to others to see if they would like to compete or do something themselves.
  • Street Canvass – On a street by street basis, systematically move through your sales territory and research all property owners. Eventually you will create a good list of owners for your database. Ongoing contact will allow you to build valuable client relationships and the levels of trust that help grow commissions and listings.
  • Cold Calling – The telephone remains the most effective business tool that we have. Direct calls handled in a professional way will help you reach out to new people. Selectively researching the property owners and business people in your area will support the cold calling process.

A simple list like this will give you an abundance of property leads and opportunities. The secret to making things work for you is in doing it yourself.