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Showing posts with label real-estate. Show all posts
Showing posts with label real-estate. Show all posts

Monday, 17 December 2012

Top Real Estate Apps For Apple and Android Devices


In this modern age, almost everyone is moving to touch devices specially iPad, iPhone and iMac, also android is getting common so fast. People always keep looking for an app on their device that is not just simple and easy, but also hello them in their business. 
Usually! estate managing agents keep looking for a smart app that could help them in purchasing and selling homes in the most effective manner. Congratulations to every Apple and Android users that there are certain apps that have been launched so far for the help of these app seekers.


RentTracker  (Apple)

 

An ultimate application for the landlords and Managing Agents. There are pro and light versions are available. 

LandLord App (Android)

 

A paid app for Android users.  Specifically made app for landlords and investors. No limits on adding properties into the app.

AppFolio (Apple and Android)

  This is one of the best solution for Property Managers. Trial Free version is available, but of course it is better to choose the paid one.

Happy Inspector (Apple)

One of the fast and cost effective solution for all the Property Managers best to use in iPad. 
 

Zillow Real Estate(Android)

Find homes and apartments for sale or for rent in US.
 

Realtor (Android)

Free app for Android which shows pictures and map together. 

Property Finder UK (Android)

 

An excellent app to find the property in UK.

Friday, 23 November 2012

Best Home Photos | Things To Consider


Advertising is a crucial element in successfully home selling. If it is not done properly then it will be huge barrier in successful selling of your home. Taking good and presentable photos of your home is very necessary. Enlisting quality pictures is your main mode of advertising. According to research nine out of ten people search online for buying anything. Just enlisting the house is not enough. Quality photos are also important. If your home photos has no quality and don’t represent each and every part of home in an attractive look then most of the buyer would not bother to visit your home.

Research says that when you list your home with quality pictures then it has 61% more views as compared to other homes which do not have visual look. Whether you are selling home yourself or hiring a property management company to perform these tasks, taking quality pictures is important. Here I am sharing some important tips for best home photos.

  • Decide how many pictures are required. 1 picture is not enough and 40 pictures are too enough. So decide about how many pictures are enough. Normally first picture starts with the front part of the home leading to living area, master bedrooms, kitchen, and other attractive areas of the home.
  • Of course buyer will not go towards any thing that is ordinary. If your home has unique features like spectacular view like beach, riverside, golf club etc then highlight these features through best shoots. This thing will definitely attract potential buyers.
  • Don’t plan taking photos yourself unless you are professional. Hire some professional. If you have an agent then he would provide these services.
  • Evaluate your existing photos. Compare it with other home photos. If these are crooked, blur then its better to change your photographer or your agent.
  • See photos before posting online. Compare it with other home photos to check the quality. If they are not OK then take reshoot.
  • Take a best photo shoot. See it before posting it online. If you see any thing extra then edit it. There are different types of software available for editing. Some companies also provide these services.

Thursday, 18 October 2012

7 Interesting Real Estate Jokes

Wrong Flowers
A client bought a new home and the broker wanted to send flowers for the occasion.
They arrived at the home and the owner read the card; it said "Rest in Peace.”
The owner was angry and called the florist to complain. After he had told the florist of the obvious mistake and how angry he was, the florist said. "Sir, I'm really sorry for the mistake, but rather than getting angry you should imagine this: somewhere there is a funeral taking place today, and they have flowers with a note saying, "Congratulations on your new home.

Ask For Raise 
 I have to have a raise in my commission," the agent said to his manager. "There are three other companies after me."
"Is that so?" asked the manager. "What other companies are after you?"
"The electric company, the telephone company, and the gas company.

Sell Shoes
Two managing agents decided to start a new career to sell shoe.
The two managing agents go to Africa to open up new markets.

Three days after arriving, one managing agent said, "I’m returning on the next flight.

Can’t sell shoes here. Everybody goes barefoot."

At the same time the other real managing sent an email to the factory,

telling "The prospects are unlimited. Nobody wears shoes here!"
 
Frogs Vs Real Estate Broker
Two women were walking through the woods when a frog called out to them and said: “Help me, ladies! I am a real estate broker who, through a curse, has been transformed into a frog. If one of you will kiss me, I’ll be returned to my former state!”
One woman took out her purse, grabbed the frog, and stuffed it inside her handbag. The other woman said, “Didn’t you hear him? If you kiss him, he’ll turn into a real estate broker!”
The second woman replied, “Sure, but these days a talking frog is worth more than a real estate broker!”

Main Entrance
A broker was dismayed when a brand new real estate office much like his own opened up next door and erected a huge sign which read ‘BEST AGENTS.’
He was horrified when another competitor opened up on his right, and announced its arrival with an even larger sign, reading ‘LOWEST COMMISSIONS.’
The broker panicked, until he got an idea. He put the biggest sign of all over his own real estate office. It read: ‘MAIN ENTRANCE’.

A Realty Salesman 
A realty salesman had just closed his first deal, only to discover that the piece of land he had sold was completely under water. “That customer’s going to come back here pretty mad,” he said to his boss. “Should I give him his money back?” “Money back?” roared the boss. “What kind of salesman are you? Get out there and sell him a houseboat.”

Wife Or Mistress 
A doctor, a lawyer and a real estate agent were discussing the relative merits of having a wife or a mistress.  
The lawyer says: "For sure a mistress is better. If you have a wife and want a divorce, it causes all sorts of legal problems."
The doctor says: "It's better to have a wife because the sense of security lowers your stress and is good for your health."
The real estate agent says: "You're both wrong. It's best to have both so that when the wife thinks you're with the mistress and the mistress thinks you're with your wife -- you free up more time to list, negotiate and sell!

Wednesday, 17 October 2012

Avoid Some Common Home Moving Mistakes

Despite the excitement to live in a new place, many people find moving a home stressful. Packing a lot of stuff also leads to panic. In this stress many people commit mistakes which ultimately loss of time, energy and money. But it can be made less stressful if you avoid the following home moving mistakes.

Proper Planning
It is the first step in home moving. People who fail to make step by step guide will ultimately face lot of stress. That’s why planning is one of the preliminary step in successful home moving. Plan each and every thing, where will you relocate, when and on which day? Will you hire professionals or do it yourself? Proper planning makes things less stressful.

Setting the budget
Without money home moving can not be completed. There is need to set a budget before moving. Moving of course involve extra expenses like expense for moving van, meal and so on. So you must know your financial position.

Visit your new home
Many people just rely on their property management company and do not make prior visit to their new home. So it’s better to make at least one visits before having in order to check that every thing is in order and working properly like appliances, heating, cooling and electric system etc.

Hiring a professional
One most difficult thing is to transfer your all belongings to new place. Many people try to do it yourself, just to save some amount of money. Don’t do that. You may save some amount by not hiring a professional but this can suffer you in your belongings loss. So to move your household items, hire some professional’s services that have sufficient experience to do the task successfully.

Consider packing
Packing is one of the important steps in successful moving. If it’s not done properly then you might experience stress and anxiety. Therefore rush for a packing at the end day. Find enough time to pack all items. Always invest in good quality boxes otherwise these would be ripping off and will damage your all items.  

Avoid unnecessary items to move
Many people take unnecessary items with them. It would increase your expenses because moving company charges you on how much items you shipped. It’s better to sell unnecessary items. In this way you will get some cash which you can use for moving expenses.

Wednesday, 10 October 2012

Easy Steps For Home Relocation

Home relocation is stressful experience for most of the people. Now matter for what reason (family, Job, education) you are moving your property but it is a complicated process. There is lot of work will be done before leaving your home. That’s why proper planning is necessary to make this process smooth.

Get Started
After deciding about home relocation, the first step is to choose a place where you want to relocate.  What are your requirements in a new home town? What facilities are you looking for?

Mental preparation is necessary. But without money this process of relocation can not be completed.  So your pocket must be ready along with your mind. Assess your financial position. Have you sufficient amount for relocation expenses. Make an estimate of relocation package. You can consult with your friends, relatives who live in that area.

Plan & Pack
After planning each and every thing now it’s time to relocate. If your are moving first time then you are not sure about what things are needed. You can take advice from some one else. An experienced mind can give you better advice.
If you have lot of things to bring along with you then it’s good to take services of moving companies. Never contact them at eleventh hour. Contact them at least before a month to get confirmed that trucks are available at that day when you will move. Before selecting a moving company make it sure that it is properly insured and reputable. Is company takes good care of customer’s belonging or not? Negotiate each and every thing from what you want to take with them to charges of that company. Now start packing and assign task to every one to make it easy and smooth process.

Moving Day
After packing all your belongings now moving day has come. Check all necessary items that are very essential to take with you like wallet, credit cards, water, food items, towels, any important files, documents and medical record etc. mark this box clearly to differentiate it from other boxes. Load the trucks and keep record of all boxes. Get a photocopy of all items to keep as a record. Get contact details of moving company in case of any need. Check all parts of your home that nothing is left. After reaching at your new home, unload the truck. Walk with your managing agents to make it sure that every thing is at its proper place.

Settle In
Congratulations you are now in your new home. Unpack all boxes and confirm that is anything missing or not? Keep every thing at its proper place to give your home an attractive look. Explore your surroundings to get familiar with it. Develop relationship with your neighbors. With the passage of time you would be familiar with each and everything.

Wednesday, 3 October 2012

Rental Property | DIY Vs Hire a Property Management Company

After investing in rental property, the first question which comes in mind is how you will manage this property. There are two options for you. You can manage it yourself or can hire property management company. Managing rental property is not an easy task. There are many issues involved in it. It needs sufficient skills and experience. If you don’t have then its better to hire property management company. Here are few important issues which should be kept in mind.
  • Managing a rental property does not only mean to collect rent? It involves other issues like maintenance and repair etc. If you don’t have sufficient experience then your tenants can take advantage of your inefficiency. So it’s better to consult with property management company which has sufficient skills, knowledge, and experience to handle all these issues.

  • To manage one or two home is comparatively easy. But if you have property in large amount then keep in mind some questions. Are you having sufficient time to devote it? Is your schedule flexible? Have you other commitments also like job etc? The answer of these questions will realize you that hiring a property management company is a better option.

  • If your property has regular repair and maintenance problem and you don’t have sufficient time to devote for it. Then it’s better to consult with property management company who can look upon all these matters.

  • To manage property which is near to your home is easy. But if your property located far away from your home then have an eye for every time is difficult. So it’s better to give rights to property management company to look after it.

  • If you need a small assistance then you can hire property management company for part time services. But for complete solution you will hire it for full time. It all depends upon how many services you are required.

  • As in this case you will depend upon property management company. So before choosing a property management company, do enough research? Check image and reputation of that company. Ask from your references or any other who had worked with that company. Once you select then keep eye on its services whether it’s performing well or not.

Thursday, 27 September 2012

7 Major Tenants Problems with Landlord

Life is not a bed of roses. In life you face different kinds of problems. One of them is being a tenant. If you are living in a rental home then there are many problems which you can face. Many times it happens that your landlord is not a good person and he is entirely responsible for each and every problem. Some landlords manage their property by managing agents but most of them do this task by themselves. Here is a view of most common problems which a tenant faces.
1: Tenancy Agreement
Many times it seemed that there is verbal agreement between landlord and tenant. Verbal agreement is difficult to enforce because it has no any witness. When landlord and tenant agree on terms, they simply call it agreement. After that when tenant needs repair or any other issue to be solved by the landlord then he does not have any written prove so he faces difficulty in enforcing that thing. That’s why it is better to have a written agreement so that you have a legal right to enforce anything.

2: Promised Services
Many landlords do not provide the services written in the contract like gardening, painting etc. You can consult with some adviser to handle this issue if you do not want to negotiate with the landlord.

3: Interference With Privacy
Although in contract it is written when your landlord can assess you like in case of emergency or immediate repair but all landlords do not follow this. Whenever they want, they access you and interfere with your privacy.

4: Repair Obligation
Many times in spit of written in contract your landlord does fulfill the repair obligation. In this case you have to bear extra charges in a form of repairing expense.

5: Discrimination
In any law discrimination is not a legal thing against your race, gender or due to any other reason. But many times your landlord discriminates you like providing all tenants cleaning services except you because you are an Asian or a female etc. But you can apply in court against your landlord.

6: Harassment Problem
Some time landlord harasses you through different ways so that either you make to leave the home or not use your rights against the landlord. Some times he calls you at late night, accesses you whenever he wants, disconnecting supply of gas, electricity, or bills etc. If you find that your landlord is harassing you then you should report to local authority or complaint in court.

7: Other Services
Some time tenant faces the difficulty regarding water, gas, or electricity bills. If landlord has the responsibility to pay it and he does not pay on time then it’s you who will face the problem regarding all issues.

Friday, 14 September 2012

Good Relationship With Your Tenants| Few Tips

With growing economy real estate business has gotten the importance. Even if you are not in a real estate business but you have your own property then to manage it, is an art and science. There are two options if you have your own property whether in a developed or undeveloped form. You can manage it by yourself or can hire managing agents to manage your property on behalf of yours or can consult with property management companies for doing this task.

If you are one of those landlords whose major business is renting the property then there are many important things which need to be considered. Finding the good tenants, doing all tasks to mange it and keeping good relationship with them is very necessary. Your job does not end when you find your tenants but infect its just start of the game.

You are not only one who is providing renting services. Infect there are many people and companies which are providing these services. So there is very tough competition in this industry. That’s why after finding the good tenants it is very necessary to keep good relationship with them because after all they are the source of revenue for you.

When you have good relationship with your tenants then of course they will also care for your property and will create fewer problems for you. They will not harass you by creating problems. When your tenants will be happy this mean you will face less problems regarding your tenants matters.

There is an easy way to keep good relationship with your tenants. Here are few suggestions through which you can keep good relationship with your tenants. Give them welcome when they enter into your property. Give them quick response when they call you for any issue like repairing or maintenance. It shows your positive behavior and respect towards them. Communicate them regularly to keep in touch with them. This shows that you care your tenants and give value to them. It’s better to be proactive rather than reactive. When you will be proactive then it will have positive impact on your tenants. You will also get good from them in return.

Here are few tips to have good relationship with your tenants. Having good relationship with your tenants will cultivate good and positive result for both parties. 


Wednesday, 12 September 2012

Becoming a Landlord |Things To Be Consider

It is often says that never rely upon one income. Always go for other source of income. There could be many source of side income. One could be becoming a landlord. But before becoming a landlord many things keep in mind like rights of landlords, rights of tenants. For becoming landlord of course there are ups and downside. So to become a landlord considers its advantages and disadvantages.

Advantages
  • When landlord gives property on rent of course he receives rent. This is income for him. This income can be used to fulfil other needs like for future investment, home repair, college saving account etc.
  • As property value normally appreciates so this rental property could be a future income for you and you can receive more money by selling it.
  • If you receives good amount of rent then you can buy further properties so you can expand your business.
  • Becoming a landlord is a full time job. It’s not an eight hour job with office setup. So you can do other work along with scheduling this task.
  • When you own a property then you become knowledgeable about many terms and rules of real estate which also increases your knowledge and experience which are not taught in school otherwise.
Disadvantages
  • If you have more than one tenant than some time collecting rent from them becomes tough. Definitely you will face tenants of different kind. Some will pay rent on time while others will not. One option is that you may hire managing agents to handle all these tasks but of course you have to pay some fee for it and it will become expense for you. So take all these things into consideration before becoming a landlord.
  • All tenants are not to be prove good for you. Some handle your property like their own. They don’t care. So in many times you have to make repairs like flooded basement, leaky roof, broken appliances. So you have to bear expense for repairs. That is an additional cost.
  • All the time conditions are not same. Some months you receive rent on time, as such no repairing work. But at the same time it may be possible that some months your home may remain empty or you may have to pay more charges on repairs or on other issues. So along with a good landlord you have to be a good financier. So that you could manage all issues in a well manner.
These were some pros and cons of becoming landlord. It’s not very difficult to become a landlord if you know rules and regulations. You have knowledge about your and your tenant’s rights and can manage other issues like repairing etc.

Friday, 7 September 2012

Renting Vs Buying a Home

Many of you have property. Often a time comes when you have to rent a property or buy it. This could be due to many reasons. Whether you rent a property or buy it there are many pros and cons. So always evaluate them in order to take final decision. Here are some pros and cons of renting or buying a property. 
Advantages of renting a home
  • When you rent a property then there is no need to pay any tax.
  • You just pay small amount of deposit instead of paying lump slump.
  • All types of maintenance are responsibility of owner or its managing agents.
  • If you buy the home then it is difficult to move immediately. But when you rent a home and you don’t like the area or any other thing then you can easily move to some other location.
  • There is no need to pay building insurance.
Disadvantages of renting a home
  • You can not enjoy the ownership of home.
  • Rent of home can be increased whenever property owner will want.
  • You can not make any structural change as you are living in a rented property.
  • You have to leave that home whenever home owner will say. Some time it’s on such a short notice that it becomes hectic for you.
  • It is possible that your payments may not be covered with rent amount.
Advantages of buying a home
  • Buying home can be a good investment especially when prices rise.
  • As it is your property so you can make any structural changes. You can decorate it according to your own choice.
  • You can borrow against your home.
  • It’s totally your decision that when you sell or move.
  • You can save yourself from monthly hectic of paying rent.
Disadvantages of buying a home
  • You need to pay lump slump amount when you buy home as compared to renting where you pay small deposit.
  • You are entirely responsible for any type of maintenance and repair.
  • When you buy the home then you must pay any legal charges like tax, stamp duty and solicitor charges, registration fee etc.

Wednesday, 5 September 2012

Leasehold Property/ Advantages & Disadvantages

Property management has become an important business with the passage of time. If a common person does not have time to manage his property then there are many property management companies which are providing these services. In UK many people live in flats so flat management is one of the important aspect of property management. Flat management companies basically make easy all aspects related to lease property.

If you are living in flat which is a lease property then you have to consider many things. As in case of a lease property you just have right of ownership of property for a fixed period of time but not have a right to own a land so you must consider many things which are part of contract like time of expiration the lease property, right of way, and access, enforcement and maintenance covenants, rent details etc. When you own a lease property it has advantages as well as disadvantages.

Advantages
  • Leaseholder can enjoy the right of ownership for specified period of time. He has a right for physical structure including roof, walls, and entire piece of a land.
  • Leaseholder saves himself from monthly payment of rent hectic because normally for lease property rent is paid either annually or in lump sum amount.
  • Repairs expensive are normally included in rent amount. So leaseholder does not pay any separate charges for normal repair of water pipes, electric lines, broken drainage, locks and any other parts of the flat.
Disadvantages
  • One of the major disadvantages of lease property is that you can not make any structural changes in flat. As you just have right of ownership for fixed period of time but not own a land so legally you are bound not to make any structural change in the property.
  • As lease agreement covers rent as well as many duties which are enforceable so some time it becomes costly for a leaseholder when he fulfills those duties.

Thursday, 30 August 2012

Selling Home In Tough Market

Market conditions do not remain same for all the time. These change with the passage of time. When market conditions are tough then it poses serious challenges for home sellers. Even a small point can make a difference. By considering following factors you can sell your home quickly in tough and crowded market.

Price Home Appropriately
Pricing home is really an art and science. Everything that belongs to your home must be right but if you did not price your home accurately then it will be the huge barrier in successful selling of your home. As in crowded market competition is large so you should focus more on this aspect. Analyze market trends. Don’t relay upon just one piece of information. Go online and visit different websites and recently auctions to find out price of home. Analyze different homes in your area of similar nature to get know how of their price. You can also consult with managing agents because they have more knowledge and experience.

Prepare Your Home
Mental preparation to sell your home is necessary along with the over all look of the house. It should be good enough to attract the potentials buyers. Clean your all parts of your home. It must be clutter free. Remove worn out curtains, floor carpets, and unnecessary furniture. Wipe out all windows and doors. Few more things that should be keep in mind that while showing your home to buyers try to free it from neighbor’s noise and pet free. See it does not look like a dog kennel.

Make the First Impression
It is often said that first impression is last impression. The first thing which buyer notices is your curb appearance. Try to make your curb appearance appealing and attractive. Lawn should be properly manicured and shrubs should be neatly trimmed. Give fresh paint look to your external part of the home to make it more appealing. Try to reduce barriers between you and your buyers.

Hire a Stagger
Try to present your home like move in condition because a buyer imagines himself at that place. Hire a stagger to use the given space wisely so that when buyer will visit he could imagine it like his own home. A stagger places furniture and all other decorative items in such a way that it gives an empty home a homey look.

Hire a Professional
Real estate transactions are not a very easy task. Lot of factors should be considered. If you don’t have sufficient experience then its better to hire a property agent. As he has more knowledge and experience so can give you better advice regarding all aspects of home selling in tough market.


Monday, 27 August 2012

Steps To Boost Your Home Value

When you are in search of home then it’s important to keep in mind which things are important and can add value to your home. Here I am sharing some necessary features that can add value to your home.

Updated kitchen
Kitchen is one of the important parts of the home and if you change its condition then it can add value to your home. Normally people like big kitchen with lot of space. Floor should be hard and in good condition. Solid counter sinks and appliances in working order can enhance its value.

Updated bathroom
Most of the people like master bathroom. It should be large enough. Normally people like double sinks, separate showers, multiple jets. Plumbing fixtures should be in good condition and in a working order. Pipes are large enough to carry sufficient amount of water.

Good windows
People like exposures that's why they like windows. Keep in mind which ever window you will choose mounted windows, sliding, sashless, awning, soundproof or bifold windows it should match with over all home look. Similarly material for window like wood, steel, metal should be compatible with overall home look.

Add a basement
It can also increase your home worth. You can create large spaces beneath your home and can stay it longer. When a time comes your home will sell quickly.

Paint the home
Interior of home is important. But no one deny the importance of curb part of the home. Paint the house to give new and fresh look. Keep it mind it’s the first thing which buyers note. So color of paint should match with over all home look.

These are some features investing upon which can give you good returns. You can consult with property management companiesthat investing upon which area can add value to your home.

Sunday, 12 August 2012

6 Tips To Sell Your Home In Down Market

When home supply exceeds demand then there is down in real estate market because there are already many houses which have not sell yet. Normally people offer lower price in order to sell their home quickly. But there are many other ways through which you can increase chances of your home sale. Here I am sharing some tips through which you can generate interest in real estate market.

Tip1
Differentiate your home from your neighbors and similar homes in that area. Add aesthetic art to your home. Give fresh colors to your home; update timber roof and landscaping etc. It will add value to your home. Use those colors and designs which appeal widely great number of audience. Adding little things can give you great edge in a down market.

 Tip2
Interior of the home is not only necessary thing but exterior is also very important. Many sellers overlook its importance. Buyer first sees your curb part of the home. It is often said that external part of your home represents the internal condition of home and its residents. So give fresh coat of paint to external part of home. Make sure that lawns and bushes are proper manicured.

Tip3
One of the most important things is remove all the clutter before showing your home to buyers. Of course buyers imagine himself in that space where he will live. So if there is clutter, no one would like it. Remove all extra things. Remove some furniture in order to create bigger space. You can also take advice from stager, how to create better space. Although he charges some fee but it may help you in quick sale of your home.

Tip4
 Do some online as well as print advertising even if your agent does. You can take small prints, use flyers, and small banners. Advertise them at appropriate place such as in trade magazines, company’s newsletters, and other sources. Even you can offer some bonuses to buyer for contacting first.

Tip5
Get your home to move in condition. Exterior and interior look is important but make it sure that doors, windows are in good condition. Plumbing fixtures are in order. Remember if home is in move in condition, it will give impression to buyers that he can move now instead of spending lot of amount on fixing it.

Tip6
Regardless of aesthetic art and fixing the home, pricing the home appropriately is still important. You can consult with managing agents, check similar homes in your area, or take help online from different real estate sites.