REAL ESTATE: Something You Might Want to Know

Real estate means the property consisting of land or buildings which also includes the natural resources of the land including uncultivated flora and fauna, farmed crops and livestock, water and minerals, simply speaking any improvements on it. Tenants and leaseholders may have the right to occupy or make use of anything that is within the dominion of the rented area depending on the terms and conditions set by the landlords.

However when we hear the words “real estate”, we often refer it to the “real estate market” from the perspective of residential living. This is grouped into three categories based on its use. It’s either be residential which is used for living purposes, commercial as used in commerce and industrial which is used in manufacture or production of goods. Residential are those undeveloped land, houses, condominiums and townhomes. Commercial are office buildings, warehouses and retails store buildings and examples of … Read More

How Great Real Estate Agents HELP?

Although, there are many reasons, it is in, either a potential buyer’s, or seller’s, best interest, to take advantage of the services of a quality, professional, experienced, service – focused, real estate agent. perhaps, the most important one, is, because, hiring the right person, for you, HELP you throughout the process, and transaction period, from the listing stage, through the closing, etc. Since agents, purchase, and sell properties, as their profession/ business, doesn’t it make sense, to, make them, help you, get the most desirable results, including, reducing stress/ tension, getting the best possible price, in the shortest period of time, and, providing clients with the commitment to ethics, which they deserve? With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, using the mnemonic approach, how, understanding this, is helpful, and useful.

1. Heating; healing/ heals; honesty; humane: The humane emphasis, is a necessity … Read More

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 … Read More

2010 Real Estate Investment Outlook and Perspective

What’s next for real estate?

For most people, real estate remains a critical part of personal net worth. Despite the stock market’s recovery, the average net worth of an American family is down about 25% because of tumbles in real estate values and investment assets.

Overview of Market Trends – Focus on Boston

While still suffering because of continued turmoil in the anchor employment areas of Financial Services, Insurance, Real Estate (FIRE), there have been signs of stability in and near major metropolitan areas like Boston. Although the employment picture remains bleak, the Boston metropolitan statistical area (MSA) showed the strongest gains in property values during 2009 according to a recently released report by Zillow Real Estate Market Reports.

Even with the strong gains helped along by the federal government’s first time home buyer credit and continued low mortgage interest rates, there remain nearly 25% of homes that are “upside … Read More

5 Ways, Real Estate Agents Teach Clients, What They Need To Hear

The difference between the finest real estate agents, and the rest – of – the – pack, is, often, the lesser ones, are content to remain within the restrictions and restraints of their personally, created, comfort zone, while the best ones, often, realize, it is, their duty and responsibility, to, tell their clients, what the need to know, not just what they want to hear (TM). This service – marked slogan, identifies, the epitome of responsible, responsive, realistic, representation, in order, to seek a real estate transaction period, which minimizes clients' stress and tension, and prepares them, for the realities, potential challenges, strategies , etc. With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 5 ways, the most desirable, real estate agents, teach their clients, what they should better understand, and realize.

1. Thorough initial interview / discussion: When someone, initially interviews potential agents, … Read More

A Logical Guess: 3 Ways, Politics, May Influence Real Estate, In The Near – Term

One of the greatest, unknowns, throughout recent history, is being able to predict, and/ or determine, whether we will experience a buyers, sellers, and/ or, neutral real estate market, and, accurately, predicting, the anticipated duration! There are many factors, scenarios, perceptions, economic (local, regional, national, and international) occurrences, etc, which impact, real estate’s performance, and, thus, its pricing trends. One of these factors, which is often ignored (and/ or, taken for – granted), is politics. Regardless of one’s personal, political preferences, and/ or, perceptions, focuses, beliefs, etc, there should be very little doubt, today’s politics, will, almost always, have some sort of effect, on how real estate performs, etc. With that in mind, this article will attempt to consider, examine, review, and discuss, 3 ways, present – day politics, impacts the near – term performance of real estate.

1. Interest rates; mortgage rates: Interest rates, generally, fluctuate, over – time! … Read More

How to Find the Right Real Estate Broker

Buying a property is a cumbersome process involving multiple steps. You need professional help to make it easy. In order to achieve success in this objective, you have to find a certified property agent who makes the entire process smooth, without any glitches or delays. As this profession has no screening method to allow entry to upright brokers only, any person can become a broker. Therefore, it is a challenge to get the right agent. Certain measures are important in this regard – to be safe rather than regret later.

What you can do is to select the area in which you plan to buy a property and then ask local contacts to recommend a broker without any sullied record. The initial filter works well as you are likely to get some recommendations. The next step involves seeking verified brokers. Some progressive states in different locations require property agents to … Read More

How Can a Good Real Estate Agent Help?

Consider the option of going ahead with a real estate agent because he helps the buyer or the seller of the property in more ways than one. Key responsibilities of a good agent make the entire process smooth, transparent, and easy for clients. However, this proposition is fraught with risk because finding a good agent is often a momentous task. This should not discourage home buyers and property sellers from hiring a good real estate agent as he alone can make things hassle-free for you. Therefore, your focus should be to look for an agent instead of searching for properties listed on various sites. Once you have roped in a verified and accredited agent to work on your behalf, the process of buying or renting or selling a home becomes much easier for you.

Local market knowledge

Equipped with local real estate market knowledge, he provides information of relevant properties … Read More

Expert Marketing Solutions in Commercial Real Estate Brokerage

The marketing of commercial real estate today requires expert opinion and guidance; That's what a good broker is for. The generic approach to marketing is very dead and generally wastes a lot of time. If any property is to be taken to the market for promotion, then the campaign has to be carefully considered and implemented.

What should be the main objects of marketing commercial real estate today? Try these:

  • To create inquiry from the target market segments
  • To spread the message comprehensively
  • To create action on the part of buyers or tenants (as the case may require)
  • To stand out as different, unique and relevant
  • To make it easy for people to get more detail and move to the next step of inquiry

When you consider these things with some care it is easy to see that the marketing solutions to be provided to clients and prospects should be … Read More

Homes of the Future: Luxury Real Estate’s Technology Boom

These days it seems as though technology advances at the speed of light. Blink twice and the next breakthrough is available. It’s not just about phones or computers-cutting edge technology is now available in every field to make life easier. Nowhere is this more evident than in the luxury real estate market. Innovations can be found in every room of the house. From state-of-the-art security systems to tech-laden bathtubs, the high-tech home is the new dream home.

The smart home is arguably the most influential development in home technology. The idea of controlling various systems (such as lighting and heating) remotely has been around a few years now, but more products are now available that integrate into the connected home network. Home security systems, door locks, and smoke and carbon monoxide detectors can keep you safe, while programmable thermostats, window shades, and beds keep you comfortable. There are also products … Read More