13. March 2013 · Comments Off on Consider These Things When Buying Land for Real Estate · Categories: Recent

Land is obviously obligatory in real estate for the obvious reason that it is where the property stands. The value of a house depends on the value of land among other considerations. Before one gets into construction, land becomes a major concern. The demand of housing also depends on the customer’s preference which is also greatly determined by different factors concerning land.
This article points out some important issues of land that will determine your marketing as well as your overall performance in this business.

Location

This is key in real estate because no client will want to buy a home where he will have to drive or walk for several kilometers before getting to the main road. Ensure that the location of the land is easily accessible. This is particularly a major issue in urban centers.

Topography

This is the usefulness of the land. Every land is good; the difference is in the use of the land. Land for agriculture, quarrying, and mining are different from those of building a house. Avoid buying marsh places with slopes and landslides as this would not only be costly in construction but also difficult in construction houses.

Utility

This involves the usefulness of the land. Here issues of water become very prominent. It is much more comfortable to live in places with good water supply. In some cases, water might be there but the problem would be the quality of the water that could be altered by industries that could be in the area.

Easement

This is the right of any other person using land without owning it. In other words the land is for the public. Make sure that the land that you want to buy is free from us by any other person. This may cause interference and conflict. The best way to do this is to use a professional and government land surveyor who will measure the land and issue you with a title deed from the relevant authority.

12. March 2013 · Comments Off on Prudent and Cautionus Considerations in Real Estate · Categories: Recent

A real estate is consists of land, buildings and other properties within that land. Same as other businesses real estates make profits and losses therefore one has to take caution in running the real estate business. To ensure success in the business one has to:

Spread his/her wealth

For a real estate business to be successful one has to make sure that he/she spread the wealth in advertising the real estate. This makes the potential buyers to be able get information more easily since many potential buyers look for information about housing before making a move. Therefore a real estate agent should make sure that the information is in print and also online. Therefore should invest in a website and internet marketing for a successful business.

Monitor results

A real estate agent should keep track of the progress made by all the effort they have put in marketing the business. They should know if the strategies applied are really bringing progress and also get information on potential buyers and contacts made concerning the business.

Invest in marketing

To succeed in the real estate business one should be ready to invest in the business. Marketing a business is the key to success in any business, therefore a real estate agent should be ready to put aside a certain percentage of the total income and invest it in the marketing of the business.

Ready to accept new technology

One in the business should be ready to put new methods coming up in the real estate business. Accepting and trying the new methods enables one to get to know if the method is advantageous compared to the older ones. For instance the social media comes with new methods of advertising. A real estate agent should therefore use the new technologies arising.

As we see success in real estates is determined by how one markets his/her business. For any agent, the above ideas definitely will bring a change in the business and make the business stand out from their counterparts.

12. February 2013 · Comments Off on How To Make Money in Real Estate · Categories: Recent

.
The business of real estate is on the rise with people opting to invest more in property than in government bond and securities which in many countries especially in developing ones are not so much profitable. The same sentiments are shared with those who invested much in shares of different companies. The only option for pride and security has been out rightly become real estate.

Real estate is far much deeper than most people have it that it is the mere construction and selling of houses. Partly, this statement is true, however, raw land and selling of land is sometimes considered part of real estate. This therefore means that land is an important factor in real estate. But just how do people make money in real estate? Is it just by building and selling of houses? If this is the real situation, then it would be very discouraging especially to people who do not have the many to build house but have other properties like land.

This article brings into focus some of the ways of making money in real estate.

Auxiliary and complementary services

This would mostly apply to those who own apartments, houses, recreational center, hospital and hotels and would want to make more money from it. For example, a hotel is one of the best properties through which you can milk money from services that are underestimated. You can start a parking business or a car wash within the same premise; however, this will only happen when you consider them as completely different services from those of the hotel.

Rental income

It is not always wise to sell your property especially when the value at which you would sell it is less than the amount you would earn annually from rent. Renting or leasing is a good option when you have the property, besides, it is long term.

03. February 2013 · Comments Off on Real Estate and Its Jargon · Categories: Recent

News about real estate news is not so uncommon news as they were some years back. Real estate is different things to different people, but majorly, it is a worthy business. At its basics, it involves land, construction, mortgaging, renting and selling of houses.

The business has for long been considered to be a rich man’s business, a myth that has tried to be discouraged by governments. While it demands commitment and proper management, the business is like any other in many regards. Firstly, real estate has its own jargon. Jargon are statements, phrases and words that are used in real estate discourses. The following are such jargon that feature prominently in real estate.

Mortgage

This term is vastly used in real estate not only as a source of starting capital but also a liability in form of a debt. It is common for a real estate dealer to purchase a unit or a house without paying the whole amount at once, meaning that there is a set amount that he will be paying in a set period of time usually a month.

Flipping

This is a term used to refer to the trend where real estate traders buy a property specifically land with the intention of keeping it. Ideally, the aim is to sell it latter at a profit. Land is one of the properties that are known to appreciate. It is therefore with business intentions that these traders hold land waiting it to appreciate by studying the trends of demand in the market, upon which they sell for a higher price.

Real estate investment group

This are companies set up to give you services if you have your own units or property and are not is a position to maintain it. Basically, they rent or lease out your property, repair and maintain it at a fee. However, you will be getting a certain percentage of rent profit that you shall have agreed on