Selling your home—especially if you’ve never done it before—can be surprisingly time-consuming and emotionally challenging. Strangers will come into your home and poke around in your closets and cabinets. They will criticize a place that has probably become more than just four walls and a roof to you, and then, to top it all off, they will offer you less money than you think your home is worth. With no experience and a complex, emotional transaction on your hands, it’s easy for first-time home sellers to make lots of mistakes, but with a little know-how, many of these pitfalls can be avoided altogether. Read on to find out how you can get the highest possible price for your home within a reasonable time frame—without losing your mind.

As you are preparing to sell your home, there are hundreds of things running through your mind at once. From thinking about moving to your new home to coordinating everything you need to begin selling your home, this is a busy time. Before you jump in feet first, check out these costly mistakes to avoid when selling your home, to help ensure you receive as much return as possible on your home.

Steps to Selling a House

There’s more to selling a house than finding an agent and tidying up for open inspections. Here’s our guide to the step by step process of selling your property to help you get ready to list your home.

Tips for selling your home FSBO. So, you’ve bought another home or found out you’re being transferred to another city or state, and you need to sell your home fast! You can sell your home FSBO-style in 30 days or less, provided you follow some simple but important steps. Begin by preparing your home for sale and assembling your marketing material. Your house must be ready to show before it is listed.

One of the most important steps to selling a house is determining the right price — the price that will let you sell in a reasonable amount of time, for a profit that you’re comfortable with.

Pay the bills for the home

Of course, you need to constantly learn and improve your own education level, but you also need to develop the skill to educate others. Whether it’s teaching a first-time homebuyer about mortgages or a savvy investor about the internal rate of return on an income-producing property, you need the skills to be able to convey your message effectively.

A sure-fire way to end up in financial trouble is by failing to budget when downsizing. Make sure you leave enough money to pay the bills and home and content insurance of your current home, as well as the costs of your new home or rental. To cover the period between selling and buying a new property, look into getting a bridging finance loan. As it can take up to 90 days for funds to process when you have sold your home, the loan can cover you for this three-month window, or longer if necessary. Check with your agent or mortgage broker to see if you need to apply for a loan.

Most home sellers are buying a new home with the equity from the home they’ve sold. Timing this just right is tricky — move out too soon, and you might be paying two mortgages and two sets of utility bills, property taxes, etc. Then again, if the new home hasn’t closed by the time your old home sells, you’re looking at paying top dollar for temporary housing. Talk to your real estate agent about how to time your home sale and home purchase to minimize your excess costs. We’ve helped hundreds of clients transition into town and know all the tips and tricks needed to make it go smoothly.

First-time home seller guide

When you sell your home, it’s natural to want to get the highest return on your investment at the closing table. For that and other reasons, some intrepid homeowners prefer selling their house without a realtor.

Selling your home can be overwhelming and sometimes sellers aren’t sure what to do and when to do it. This can certainly create a lot of unnecessary stress. In our latest article, we provide sellers with a “home selling checklist. ” this list provides a step by step guide on exactly what to do and when to do it. We also provide some great tips and advice throughout our home selling checklist.

Go Through Everything in the Home

When it comes to selling property, there are a variety of different methods and strategies you can use to achieve the highest price. One of these options is to work with a real estate agent to sell a home by tender. Selling by tender can be beneficial in that it allows the seller to offer a broad price range, rather than advertise the home with a pre-determined price.

If there are any obvious conversions – adapting the garage into extra rooms, or going up into the loft – and you have some spare cash, why not take advantage of this cash cow rather than letting the new owners make easy money out of improvements. Significant home improvements are expensive, so it’s important to consider how your plans will add value to your home. Our recent research with the federation of master builders and estate agents from the guild of property professionals has identified 10 home improvements that also add value to your home.

What follows are some dos and don’ts for selling your home efficiently.

Get the Home Ready to For Market

Selling your home isn’t as easy as putting up a for-sale sign and waiting for the offers to roll in. In fact, a lot of prep work goes into getting a house on the market. Read these articles for everything you need to know about how to get your house ready to sell, even while juggling factors like tenants, kids, pets, relocation, and stress. Whether you’re working with an agent or selling your house by owner, these pointers should inform your approach.

Make yourself and your knowledge available to the community by hosting mini-seminars. Consider providing a basic 101 seminar about the basics of home buying and mortgages. Remember, marketing today is all about inbound, and that doesn’t just apply online. Users want you to share some of your knowledge for free before investing time and money in you. A home buying seminar is the local equivalent of a webinar. Yes, it will take time and energy, but attendees will walk away impressed and will have established a relationship with you. That relationship will be worth its weight in gold when they’re ready to shop for a home.

There is a difference between getting a home ready for the market and making a ton of upgrades to increase the sale price. Getting the house ready is practical while making expensive improvements rarely plays out well. No matter how much money you put into your home, make improvements that increase your return on investment. For example, updating insulation might get you more in value than you initially paid. On the other hand, if your gut and renovate the master bathroom, you will pay thousands more than you will receive in increased home value.

Hire a Top Producing Real Estate Agent

The number one reason a home doesn’t sell in real estate is that the property is incorrectly priced. There are lots of different reasons why homeowners incorrectly price their home and it’s important the first time home sellers don’t make those common real estate pricing mistakes. First time home sellers often have no clue on how a listing price is determined in real estate. There are many different ways a listing price can be determined and it’s important that you understand the various ways. The most common real estate pricing practice is a comparative market analysis that is completed by a real estate professional. A comparative market analysis, also commonly referred to as a CMA, can be summarized as a review of local active homes for sale, past home sales, and also past expired listings.

Understand the plan – you can minimalize risk by understanding the plan. Identify who will be responsible for showing the home (you, your agent, the buyer’s agent) and how they will obtain access. Do not use a hide-a-key or even a combination lock-box, as you have no idea who ultimately knows the code. Put your home on a schedule – whether you go it alone and sell your house “for sale by owner” or you hire a real estate company to sell your home, you should understand the plan for access to your home. On the one hand, you need to make access as easy as possible so that you can get buyers to see your home (when their schedules allow), but on the other hand, do not make it as simple as “just stopping by.

Did The Seller Die in The Home

When listing your home for sale, cast a wide net for potential buyers. Pricing your home properly from the beginning is imperative. Some sellers can let their emotions dictate their selling price instead of relying on their real estate agent’s expert opinion and market data — and that can be a big mistake. According to studies, nearly 60% of homes nationwide sell at or above the listing price when they accept an offer in the first week. In the second week, however, that drops seven percent and continues to trend downward as the weeks go on.

By this step, you’ve looked and liked the house, you’re pre-approved, and studied the clue report front to back, but before you submit the offer, you might want to go through this quick step-by-step process. Buy a manila folder. Fill it with market comps of similar homes. Comb through them all. Look at the seller’s asking price. Weigh it against the comps in your folder. Make an offer. Await their reply or potential counteroffer. Decide to either accept, counter back, or leave the battlefield.

During the selling process, there is a lot of paperwork. Consider all of its legal documentation and make sure it’s filled out correctly. On the seller disclosure, homeowners are asked about certain aspects of the home. Usually, they are directed to check “yes,” “no” or “do not know. ”some sellers think they can avoid delays with the inspection process by marking “no”. This can backfire and cost a lot of money. If a seller falsely states the good condition of something, and they are actually answering incorrectly, not only could it kill the deal, but even after the sale, the buyer may have grounds to seek remedies against the seller after closing. Avoid all of this by being honest about any information requested on the seller’s disclosure.

Complete home improvements

Repairs and improvements are completed. Pest control work, if any, is completed. Mandatory requirements are completed. House is clear of extraneous possessions and, if appropriate, staged. Various inspection reports are in hand. We complete yet more paperwork, including local, county, state, and federal requirements. House should be thoroughly cleaned, including windows inside and out.

If your home has been listed for sale for a long period of time, you likely have received some consistent feedback about what people like and don’t like about your home. If you have consistently received feedback that some various improvements would be appreciated, it would be a good idea to complete these projects if they are reasonable in cost. These improvements could not only lead to a quicker sale but may also result in a higher sales price.

Intelligent sellers weigh the cost of potential improvements against the property’s value after upgrades and repairs are completed. If an improvement yields little or no return on investment, the repair may not be warranted. Before deciding to pay for repairs, investigate the other properties in and around your neighborhood. Compare the condition and amenities of these homes to yours. Bear in mind that baths and kitchens offer the highest returns. If the properties in your market have upgraded kitchens, you might want to invest in yours. This doesn’t mean spending a fortune on high-end cabinets and appliances. A minor remodels with new paint and new hardware might do the trick.

 

Commercial Real Estate Investing Is Probably Not For Most People

You can most certainly make a lot more money from a commercial property investment than with residential investment. And depending on the type of property you buy, it could be more of a passive source of income and you may not have to be as hands on in managing the property.

The average commercial real estate deal for new investors involves a 20 percent to 30 percent down payment. If an investor put $30,000 down on a $100,000 property and had a lackluster 10 percent return in the first year, the investor enjoys a gross gain of $10,000, or over 30 percent. Were this investor to buy in a hot market and see a 15 percent return, he or she enjoys a $15,000 profit or 50 percent. Here’s where it gets interesting. Once established as a commercial real estate investor, it’s possible to increase your leverage because you have the financial assets and track record to get approved with lower down payment percentages.

Knowing all that you know now, one of the final steps is to figure out how engaged do you want to be in your commercial real estate investing activities. Some want it all from finding locations to dealing with building contractors. Others, prefer the quiet life of owning and leasing. Land development – an investor can be involved in various aspects of development such as the establishment of the project, management, and lease issues. Developers could buy land and build, for example, a retail store or office building. In this case, they would organize the financing, leasing, contract, and so on, and follow up the progress of the construction until it’s rented.

Things To Consider Before Investing In Commercial Real Estate

Commercial real estate investing is probably not where most people will start out investing. But i do know a few who have purchased a commercial property as their first investment. You can most certainly make a lot more money from a commercial property investment than with a residential investment. And depending on the type of property you buy, it could be more of a passive source of income and you may not have to be as hands-on in managing the property. A strip mall is the first example like that, that pops into my mind.

Commercial real estate offers significant opportunities for investors of all backgrounds. With a vibrant and diversified economy, south Florida is a major market for commercial real estate investing, offering a wide variety of commercial properties that suit almost every portfolio. However, like any investment, the risks can be as great as the rewards if you do not work with qualified real estate attorneys who have experience in this area. My team and I have helped investors from all over the world achieve big returns in commercial real estate investing while reducing their liabilities.

Investing in real estate is a great way to build wealth. Commercial real estate investing, in particular, is known to provide some of the highest income streams. If you’ve been investing in residential real estate for a few years and have been wondering how to invest in commercial real estate, this guide serves to break down everything you need to know to get started.

Different Kinds of Real Estate Crowdfunding Platforms

There are a lot of passive real estate investment options out there. Whether it’s old school real estate investment trusts (REITs) you can buy on the market or some of the many real estate crowdfunding platforms, passive investments in real estate are easier than ever. One area that hasn’t gotten as much attention in the crowdfunded world is commercial real estate. Most REITs available on the market play in the commercial real estate world, which is hard to get into as an individual investor because property prices are so high, but with a reit, you get no flexibility. The reit is like a mutual fund, you just buy and sell shares.

First and foremost, make sure you’re secure financially before you invest in commercial real estate. Several are types that require significant financial investment, so you must have funding secured upfront. It’s possible to obtain a loan for a commercial property. But these loans typically require large down payments and shorter repayment terms than residential mortgages. There are ways to invest in real estate without being the sole financier. Options like real estate investment trusts (REITs), limited partnerships, and crowdfunding platforms allow individuals to invest in commercial real estate with limited capital. However, before you invest in any of these options, be sure to do your research and make sure it’s a legitimate source.

I’ve been investing in income properties for nearly two decades now but have only invested in real estate crowdfunding for a few years so my experience in returns may be a little skewed. I did recently interview a real estate crowdfunding investor that shared his tips for using the new asset class. My own real estate crowdfunding returns have been just above 10% annually which is about average given a survey I did on income properties available on five platforms.

Why invest in commercial real estate?

Commercial real estate, much like the rest of the industry, will face some big changes in the year to come. Most notably, this property sector will be affected by smart building technologies, changing homebuyer preferences, and job growth in a few key markets. By keeping up with each of these trends, investors can bolster their deal analyzers and make smarter investment choices in 2020. One of the biggest changes to the real estate industry in recent years has been the adoption of new technologies, and 2020 will be no different. Commercial investors have already seen portions of the closing process, property management, and even the search for tenants move online in some way. Next on the list is the implementation of smart building technology.

One of the major reasons investors choose commercial real estate over residential is because of the leasing structure. Leases on commercial buildings can extend 10 years or longer, making them a more stable investment. The lease can either get paid monthly, although it is not uncommon for landlords to require large chunks of the rent get paid in advance.

Rental Property Licensing & Registration Fees

Licensing and registration fees are sometimes a local requirement for rental properties. For instance, in the city of Philadelphia, a rental license fee is required along with an inspection of the property. So, if you’ve had to purchase or renew a landlord or rental license for the property, that cost is deductible. Furthermore, some localities will require a vacation rental license for short-term rentals such as seasonal, Airbnb, and the like. These licensing costs are deductible as well.

Get Familiar With Key Commercial Real Estate Metrics

Successful commercial real estate investing requires knowledge of common key metrics that are used to evaluate a property. Cap rate, cash on cash, and net operating income (NOI) are common metrics with which to become familiar.

Getting into commercial real estate as a landlord can be quite scary if you are not familiar with the basics. But, once you decide to have your own place as a long-term investment, it is very important that you educate yourself on the basics of working with commercial clients. As key figures in the entire landlord lifestyle are you as the owner and your broker. You will need to work as a team with your broker and make sure that there are no blind spots in any negotiation and any contract you sign with any of your tenants.

There are several common key metrics used to assess commercial real estate. These formulas include cap rates, net operating income, loss factor, and several others.

Why invest via Real Estate Crowdfunding platforms vs. REITs

Some various online platforms and apps make it easy to get started in real estate investing. For instance, clever real estate allows property investors to search for homes and compare top-rated agents with investing experience in their targeted areas. If you don’t have the cash flow to buy a physical property and are wondering how to start investing in real estate with little money, there’s an app for that — actually, there are several. Real estate crowdfunding apps such as Fundrise and Realtymogul have competitively low buy-in requirements, with some as low as $500. They achieve these low buy-in rates by offering investors ownership of small pieces of larger commercial real estate projects.

Crowdfunding companies provide online platforms where real estate developers who need funding to finance projects can connect with individual investors looking for a return from real estate investing without getting their hands dirty. As part of the “crowd,” you can choose to participate in either debt or equity investments. Real estate crowdfunding platforms are plentiful; there are many to choose from. And each has its own niche. Many require you to be an accredited investor to participate. But even if they don’t require it, this is a strategy best suited for investors with enough real estate knowledge to do proper due diligence on platforms, sponsors, properties, markets, and opportunities.

I’ll go through the entire process of finding real estate properties, analyzing investments, and managing your passive income properties but new laws have been passed that may solve all the problems in passive income real estate. New laws around crowdfunding have opened the door for websites like streetwise which allow investors access to real estate projects. Properties are professionally-managed so you don’t have to worry about a 3 am call to fix a leaky faucet and management fees are lower than investing in REITs.

Real Estate Crowdfunding vs. Property Ownership

The first thing you should do when getting into commercial real estate investing is to decide where the money will come from. Do you have other investors that are willing to go in on it with you? do you want to do some crowdfunding? you want as much capital as you can get before falling in love with a commercial property. As with all real estate investments, your research is crucial to the deal you’ll get. You want to know your goal for investing and base the property after that. If your goal is renting, for example, you’ll want to know that rent in the area either has a solid track record of remaining steady, or is slowly inclining. You’ll also want to take a look at the location’s economy.

In order to buy and sell property professionally, one must have a real estate license. While each state has different licensing requirements, most require that you pass an exam that covers topics involving ownership, government rights, ethics, building codes, loans, and environmental regulations. Continuing education requirements may also be necessary in order for developers to stay up to date in the field.

The most feared risk in commercial real estate investing is getting sued. Every tenant you have can be a potential lawsuit. You can also be sued by contractors, city personnel, and the list goes on and on. How do you protect yourself? here are two lines of defense: obtain property liability and hazard insurance. Choose a protective form of ownership or holding, such as a limited liability company. Limited liability companies (LLCs) are by far the most popular form of ownership used today to hold commercial real estate. Warning: the worst possible method of holding a title is to hold it individually in your name. This way, you have zero liability protection and absolutely no privacy.

Real Estate Crowdfunding Vs. Other Forms of RE Investing

Traditional real estate investing means owning a property, either on your own or with others. But these days there are lots of options that let you invest in real estate without owning a property. For instance, you can invest in real estate exchange-traded funds for a more traditional-investing option that hinges on rising real estate rates. Or you can invest with a crowdfunding company like Fundrise. Fundrise lets you get a piece of the real estate pie by investing in REITs –real estate investment trusts.

P2p investment platforms are springing up that are based on real estate investing. The process is commonly referred to as crowdfunding. That’s where groups of investors get together to pool money for specific real estate-related investments. These platforms provide you with a way to invest in real estate online through different types of real estate, and in different ways. Your investment isn’t as liquid as it would be if you invested in mutual funds for ETFs, but it’s less complicated than real estate lps.

Crowdfunding real estate investing can be very passive as well. But the due diligence you should do is more involved than simply buying shares of a mutual fund or reit. Crowdfunding platforms provide an online marketplace for investing in a variety of real estate opportunities. There are hundreds of real estate crowdfunding platforms to choose from. You can invest in everything from high-quality real estate loans to single-family homes via crowdfunding. Crowdfunding sites allow individual investors entry into bigger deals (both residential and commercial) that were previously available only to those with substantial amounts of money to invest. Like investing in mutual funds or REITs, many crowdfunding deals offer very affordable minimum investments. The biggest advantage crowdfunding provides is that you can invest in specific properties and exclusive deals with very little money.

Renter & Property Management

Generating income from rentals is the top reason why investors purchase a property. 2 once you’ve secured renters, owning and renting out property is a great way to make additional income without a lot of effort. Other than needing cash on hand to cover any repairs or maintenance, your part is pretty hands-off. There’s even less for you to do if you hire a property management company—but that will cut into your profits. Regardless, you make money simply from being the owner of the property.

For those who are searching for a lower risk. Triple net leased assets are a fitting option. This strategy essentially requires the renters to pay for maintaining the property. As a result of this strategy, less involvement is required on behalf of the investor. For this reason, however, the financial yields will not be as high as other forms of commercial property investments. Though the financial yields may not match those of other investments, this strategy is much safer and requires less involvement. Net leased properties (in contrast to triple net leased) are those in which the monthly maintenance and management costs are paid by the renters, while the owners are responsible for paying costs related to parking, and maintenance of the structure and roof of the property.

A single-family home might be the easiest way for first-timers to get their feet wet. You have one property, one renter (or at least one party), one contract, and limited maintenance. While it might give you more peace of mind to turn property management over to a third party, you don’t have to if you don’t want to — your portfolio may be small enough to manage yourself. Since most people will have to develop experience navigating the world of residential real estate for their own living accommodations, it can be a simple place to start for property investing.

How To Value Real Estate Investment Property

Active income, as the name suggests, is money earned for services provided. In real estate, developing land, renovating and flipping properties, wholesaling, and conventional real estate brokerage all fall into the active income category as they all require a lot of your time and sweat to produce a positive outcome. Passive income, however, is earnings acquired through renting a property, limited partnerships, and other endeavors with responsibilities for management largely falling to someone else. You use your funds to make the initial investment, then sit back and reap the rewards. While truly passive income is rare, it can be done, and commercial real estate is one of the best methods for doing just that. So what are the best investments for passive income?.

The real estate industry is so gigantic that it presents a lot of possibilities to aspiring investors. When it comes to property investing, a first-timer needs to be familiar with the many real estate investment strategies. This way, he can avoid losses by minimizing risk as much as possible. You can find one that will be suitable for you in terms of budget, time, and long-term goals.

Pretty much every time you learn something new, you also learn a whole new vocabulary to go along with it. Real estate investing is no different. Real estate investors must understand the terms and investment vocabulary.  This is basically the “bottom line” or the minimum you need to calculate when thinking about purchasing an investment property with a loan. Usually, it is calculated overall and on a month-to-month basis.

Valuing a Real Estate Property

We’re using the term “business property” here to describe purchasing commercial real estate that is specific to business use that’s currently operating and requires the operation of such business to bring value to the property. This includes properties such as hotels and assisted living facilities. When valuing these properties, you must look at the performance of the business that’s operating within the property. For a hotel, its best use is to continue being operated as a hotel so you must look at the performance of the current hotel operation to determine what type of return you will receive on your investment. Similar to various types of assisted living facilities. When buying these types of properties you are typically also purchasing the fixtures, furniture, and equipment (ff&e) along with the going concern, or the current operation.

Commercial Real Estate Equity Crowdfunding

This strategy really serves as more of a vehicle to pursue either of the above strategies, and it hinges on the jumpstart our business startups (jobs) act, passed in 2012. This act significantly loosened crowdfunding rules for real estate syndicators. In a nutshell, crowdfunding allows online portals to list potential syndication deals posted by sponsors, and investors can review a) the sponsors and b) the specific deals. For sponsors, these portals vastly increase the pool of potential investors for every deal. For investors, the portals create a one-stop-shopping mechanism for passive investing in commercial real estate deals.

This is longer-term equity that is raised on smaller balance commercial income-producing, stabilized real estate assets that are placed on top of either… newly originated bank debt, or cmbs (“conduit”) loans that are assumed. These equity investors will benefit from any increase in market value when the asset is sold or refinanced.

Tenacity manages project investments in commercial land tracts, specifically targeted to redevelop and rezone the land to significantly increase the value of the land to subsequent commercial real estate development companies. Typical project scopes include, but are not limited to, flood plain land reclamation, dredging of watershed sections of land, engineering land, and soil structure, and rezoning land for commercial real estate use.

There are two main ways to invest in commercial real estate. The first is to invest for rental purposes. As previously mentioned, commercial real estate leases are longer in length, meaning they are more stable investments for unstable markets. If the market does happen to take a dive, for example, your investment should be fairly safe if your lease term is not up yet. Investing for the rental income is often the more lucrative path in commercial real estate, especially if you have a class a or class b building.

With real estate crowdfunding investments, investors can get access to different property types and locations across the country. That’s critical to diversify your investments for safety and returns have been excellent. The fund is like a real estate investment trust in that it holds a collection of properties but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great way to diversify your real estate exposure.

Pay off debt, especially credit card debt before you mess around with real estate. Bonus points for paying off vehicles and student loans before investing in real estate. That’s my personal style, but some may consider that too extreme. I like to save up a 20% downpayment, then get a fixed-rate mortgage for 30 years at a low-interest rate. Less than 20% down, and you are wasting money on private mortgage insurance (PMI). Additionally, you don’t have any equity in the property should the market turn against you and you need to sell. At least 20% down is a safe way to go.

How to Find Buyers for Commercial Properties

Finding and appealing to potential buyers can be hard work when you don’t know where to start. Listings platforms are an obvious option but aren’t the most productive method when you don’t know who your audience is or what they’re looking for. If you’re looking for buyers to invest in commercial properties, but are struggling to begin, look no further. Below, we explore the steps to understanding potential buyers and connecting with them faster using a property intelligence platform like the economy and targeted listings platforms.

When it comes to finding buyers for a commercial property today, it is really important to tap into the local property market. Most buyers come from the local area. They know the area and understand how to find the right property for their needs. So the local buyers will come in categories such as these main ones: business owners needing new or larger premises tenants in leased properties that could want to move to owned premises at the end of their lease.

Find cash buyers now announced new enhanced features to its already award-winning software. By adding commercial buyers, buyer phone numbers, and the ability to identify buyers of multiple properties, find cash buyers now has again made the lives of thousands of real estate investors and real estate agents simple. When originally launched in 2009, find cash buyers now software shaved hours and days off of the time necessary to locate active cash buyers in any local real estate market. Prior to finding cash buyers now, the typical real estate investor would spend 20-30 hours per week searching local public property records to identify cash real estate transactions. The find cash buyers now the software does this same task in less than 30 seconds for any market in the united states.

Generating Leads for Real Estate Buyers and Sellers

Your lead pipeline is your business and you don’t have time to waste on bad real estate leads. Our real estate agent and broker advertising services are designed to attract serious buyers and sellers so we can deliver quality leads so you can focus your time on leads that will convert. With your homes. Com real estate advertising, you’ll also get all the tools you need to nurture your leads from any source. The free monthly newsletter, drip email campaigns, buyer profiles, and more are all available in your dashboard so you can leverage your leads for referrals before, during, and after their home sale is finalized.

Real estate websites bring convenience to buyers and exposure to sellers. Buyers can view hundreds of property images, videos, and features before they ever need to schedule a live tour. Sellers who post their homes on these sites benefit for the same reason; hundreds or thousands of prospective buyers can view their home online without needing to walk through. The other major purpose real estate websites serve is as a marketing channel for the professional service providers that contribute to the transaction. Realtors, mortgage professionals, banks, and inspectors can advertise on the website to generate leads.

How to Attract Commercial Real Estate Clients

Agents who wait for clients to come to them fall by the wayside. Instead, find clients wherever you can. Review listings from eBay, craigslist, and the commercial real estate section of your newspaper for sellers who may need help moving their properties. Contact the current owners of desirable buildings to see if they are in the market to sell or expand their portfolios. You can obtain their contact information by visiting the tax assessor or county clerk’s office in the county where the property resides. Commercial listing databases like LoopNet, Cityfeet, and costar are full of clients who already have representation, but these sites can keep you informed of key market trends and players, which can be useful in the future. ?.

Investing in commercial real estate can be a great way to grow wealth, but it can be difficult for owners to find the right buyers for their multi-million dollar properties. Over the last 18 years, I’ve become an expert in high-value commercial real estate sales in Massachusetts and New Hampshire, negotiating the sale of more than 1,000 properties for our clients, which made me one of Boston business journal’s largest selling commercial real estate brokerages in Massachusetts in 2018. That’s why our clients trust me with their growing portfolios as they buy and sell multiple properties over time.

Calling yourself a homeowner is a dream that many of us have. It gives us tranquility and social status while also being a great investment. As the renowned writer mark twain said: buy land. They aren’t making it anymore. Being a real estate agent means that you sell more than property, you sell dreams. While this is a great sentiment, getting clients in real estate isn’t always easy. To make this a little easier, you need to figure out the best marketing strategies to attract more customers. Before you do that, you should familiarize yourself with real estate industry trends that can help you in your efforts.

If You’re Buying a Home, You Need an EBA

According to the u. S. Department of justice, forty states, including California, allow real estate agents to give rebates to their clients. The DOJ even condones negotiating rebates to increase competition among real estate agents. If you sign up with Upnest, you can compare buyer rebates for free. The biggest benefit from rebates? it makes buying a home less expensive! you get to do whatever you want with the money; put it in savings, use it towards new countertops, or go on a ski trip.

My business is home-based, allowing me to work and take care of my family. As long as the power doesn’t go out or the internet goes down, I’m here to take care of my buyers. I selected eBay because it’s one of the biggest and the buying traffic is basically guaranteed. As an experienced seller on eBay, i feel this forum inspires confidence in both buyers and sellers to take a chance on one another with the end results almost always being happy buyers and great transactions. Currently, I sell in Canada and the united states.

Let’s get one thing out of the way: a home is not always “a good investment,” and renting is not always “throwing money away. ” at the very least, when you pay rent, you’re getting shelter in return, which isn’t nothing. If you’re paying rent, congratulations! you have a place to live, and that puts you in a better position than a lot of people, and that’s not a bad fact to centralize in the “renting vs. Buying” debate — you have shelter, so any additional advantage you can derive from your housing situation is gravy.

Protection during the home buying process.

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