Choosing the right executor is an important decision that will affect the distribution of your estate upon your death. The executor is responsible for administering your estate, paying your debts, and distributing assets to your beneficiaries. Consequently, it is essential to appoint a trustworthy, accountable, and competent person to perform the duties of a compliance officer. In this blog post, we will provide you with some tips and resources to help you choose the best executor for your estate. To hire the right executor for your estate, click here.

Tips to choose the suitable executor for your estate planning

1. Choose someone reliable and trustworthy.

The most important considerations when choosing an executor are reliability and trustworthiness. Your executor will oversee your estate and take possession of your assets. Therefore, it is essential to select someone honest and trustworthy with a good reputation.

2. Go through their past performances.

It is essential to choose an executor who is competent and experienced in property management. The executor must be educated on the financial and legal implications of managing the property. The tax consequences of transferring assets to beneficiaries should also be well known.

3. Family dynamics

Also, consider your family dynamics and relationships with potential beneficiaries. Being impartial or using a third party can help avoid succession conflicts.

4. Choose someone ready to take on the responsibilities.

Business management requires a great deal of responsibility and time commitment. It is, therefore, important to appoint someone who can handle the executor’s duties. Make sure the person you are considering is ready to talk to them and take the job.

5. Link their relationship with your beneficiaries.

You need to consider the relationship between your beneficiaries and your executor. Your estate agent must divide your assets fairly and correctly. If your executor is related to one of your beneficiaries, there may be a conflict of interest.

6. Seek Legal Advice

Speak with an attorney to make sure that your will is correctly organized to reflect your desires and that your selection of executor complies with the regulations in your state.

You can make sure that your assets will be handled according to your wishes after you die away by carefully evaluating these considerations and choosing an expert who you trust to carry out the duties.

7. Speak with an attorney.

Therefore, selecting a good and trustworthy executor for your estate is an essential decision that needs to be planned out carefully.

April 3, 2020 by James Adam

Here’s why property investment is a good business decision to make in 2021

Lifestyle

In the midst of the global COVID-19 Coronavirus pandemic, some industries have taken a dip, and it’s a tough time for many financially at the moment. However, despite all of this, known for being a long-term, sustainable and hard-wearing tactile investment strategy, the UK property market has (and will) stay resilient.

If you’ve got the relevant amount of capital available, there are many different benefits to investing in the property market in 2020. Are you inspired, and want to find out more? Here’s some more detail on some of the biggest benefits, and also some insight into how innovative investment companies are making it through this prolonged self-isolation period by leveraging technology.

Leveraging tech – the best way to invest from afar

So, you’re an investor, you’ve got the relevant amount of capital that you need in order to be able to invest comfortably in a property that has projections looking positive for the years to come, but you can’t actually get out of your front door to go and look at the build due to the fact that you’re not allowed to. What do you do? Well, thanks to the wonders of technology, the ‘virtual viewing’ experience is something that allows you to get an immersive look at a property remotely, without even leaving your home. This strategy is something that’s often used by hands-off international investors that can’t get to a site in order to look over their property in person, and is now being adopted by many investors in order to adapt to the self-isolation conditions.

RWinvest, a property investment company with offerings throughout the UK and in some of the most lucrative and popular areas currently, Liverpool and Manchester, offers a fully-fledged VR viewing package for potential investors that want to experience their property from the comfort of their own homes. Not only does the viewing bundle include a virtual reality tour of the prospective property, but also accompanying literature and guides on the building, the surrounding area as a whole, and even up-to-date construction updates and drone footage on how the build is coming along (if still in construction/planning phases, in the case of an off-plan investment strategy).

If users don’t have a cardboard VR casing to put their phones into or a headset available, they can simply download the file onto their mobile phone, tablet or smart device, and then move around the 3D image that way, instead.

Property investment – Dealing with the Coronavirus

Again, to finalise, if you’re looking for an investment opportunity that is secure and ultimately more likely to be unaffected by external factors such as the one in place now, you could do much worse than investing in a promising property development for the future. Securing an investment within a city will mean that you stand to benefit from the surrounding regeneration that will be ongoing for the foreseeable future, and with tenant demand on the rise in urban areas, if purchasing for buy to let purposes you’ll be in with a much better chance of maintaining a consistent rental yield income. It’s true that these current times are extremely worrying, but at the end of the day, those that keep a level head and look for opportunities (rather than withdrawing their capital) will be the ones that end up with a lucrative and bolstered investment and general financial portfolio.

March 14, 2020 by James Adam

Top 6 Cities for Young Professionals to Invest in Real Estate

Homes

Typically, growing up involves packing and moving to a home of your own. The cost of monthly rentals is on the rise in many cities, prompting younger generations to invest in purchasing real estate. Before that, you must check out net effective rent for better understanding

When young professionals (including millennials) decide to go out into the world, it’s in their best interest to explore the top cities on the market. One of the main reasons that many young professionals are choosing to relocate to popular cities is because there are more opportunities to grow.

We’ll discuss each of the following cities in detail to provide insights for those who want to move to and buy real estate in an exciting new city. If you’re looking for a change of pace, this list is perfect for you.

1) Scottsdale, Arizona

2) Austin, Texas

3) Orlando, Florida

4) Myrtle Beach, South Carolina

5) Denver, Colorado

6) Memphis, Tennessee

Why Are the Real Estate Markets Stable in These Particular Cities?

Skeptics of relocating within the current housing market are missing out on a few key indicators. Here’s a list of the main points that keep the real estate industry stable throughout each of the cities we’ll be referencing:

These cities have a higher influx of jobs because of each city’s business friendly policies.
Each city allows for short term rentals. However, this might be limited by HOA concerns.
Cities on this list are located in tax friendly states. This lowers the cost of living when compared to states like California and New York. The result is higher living standards for residents.
The housing inventory shortage in these cities has caused a steady rise in the value of homes.

Exploring Real Estate Investments in Scottsdale, Arizona

Average Cost for Homes:The good news about moving to Scottsdale is that the real estate market is experiencing a healthy growth period. The value of homes for sale in Scottsdale is improving, so buying a house in this city is a good investment for any young professional who can afford the payments.
The average cost of real estate in this city has risen by over 6 percent, and the average cost for a home in Scottsdale is just over $500,000. Homes have been listed at over $600,000 on average. However, the average sale price for a home is just over $400,000.
This means that buying real estate in Scottsdale costs an average of $200,000 less than what the sellers were originally asking. Thus, young professionals moving to Scottsdale have a great opportunity to invest in this thriving community.
Access to Transportation:When you fly into Scottsdale, you’ll probably land at the commercial airport located in Phoenix. However, Scottsdale has a small airport of its own. It also has trolley service that takes residents into the city of Phoenix.
The majority of people choose to take a car to get around in this city. The average commute from home to work in Scottsdale takes around 20 minutes.
Attractions:Have you heard of Old Town Scottsdale? This area has been described as the heart of Scottsdale, Arizona. Old Town Scottsdale condos are great investment opportunities for young professionals who desire moving to a city with a vibrant nightlife. There’s plenty to do in the Old Town area: visit galleries, shop at local boutiques, or go to a wine tasting. If you’re looking for a classy night on the town in Scottsdale, you should browse the menus of the fine Italian restaurants, smokehouses, steakhouses, and sports bars. Old Town Scottsdale condos are close to historic areas as well, so residents have access to American Indian art galleries and southwestern style decor.
Local Schools:The city of Scottsdale offers 44 different public school options, and there are over 100 private school programs.

Exploring Real Estate Investments in Austin, Texas

Average Cost for Homes:The value of houses in Austin has been rising at 5.4 percent, and the average value is just over $400,000.
Access to Transportation:Most people living and commuting in this city are taking their cars out for a drive. However, there are some people who prefer to use one of the 50 bus lines in Austin.
Attractions:There are over 250 green spaces in the city of Austin, such as McKinney Falls State Park. Austin also has a vibrant nightlife and communities of musicians.

Exploring Real Estate Investments in Orlando, Florida

Average Cost for Homes:The average value for homes in Orlando has went up, and current homes are valued at around $260,000.
Access to Transportation:Although taking the bus is not usually practical for residents living in Orlando, the city has 50 bus lines, and there’s access to Amtrak. Most people in this city use a car to get around.
Local Schools:Most residents of Orlando send their children to a public school in the district of Orange County Public Schools. There are several options for private education, including Saint James Cathedral School.

Exploring Real Estate Investments in Myrtle Beach, South Carolina

Average Cost for Homes:The average value for homes in this city has gone up slightly in the past year. Homes are valued at around $167,000.
Access to Transportation:Although many people own a beach cruiser bicycle, driving a car is the most popular mode of transportation. There are a handful of bus routes servicing this part of the coast.
Attractions:Myrtle Beach is a relatively quiet area, and one of its biggest attractions is nature. Visit the beach, or dine at one of 500 places to eat.

Exploring Real Estate Investments in Denver, Colorado

Average Cost for Homes:The average cost for a house in Denver has increased slightly over the past year. The average home is valued at around $465,000.
Access to Transportation:Although Denver has over 100 bus lines, most residents prefer to use a car to get around town. It’s also a good city for people who prefer to walk places.
Local Schools:The Denver Public School System services nearly all areas of the city. Their system includes 18 charter schools.

Exploring Real Estate Investments in Memphis, Tennessee

Average Cost for Homes:In the past year, the average value of homes in Memphis has gone up more than any other city on this list. Homes in Memphis are valued at around $97,000.
While the average price for homes that are listed is currently around $105,000, the average price for homes that have sold is actually a few thousand dollars higher.
Access to Transportation:Although most residents in this city carry out their daily lives by using a car, there are 42 bus lines serviced by Memphis Area Transit Authority. Walking is not practical for most people living in this city.
Attractions:Memphis is a quiet city with around 100 green spaces for residents to enjoy. For people who enjoy nightlife, there are plenty of music venues, restaurants, bars, and more. Those who relish in cultural events will enjoy the myriad of historic recording studios and art galleries.

March 12, 2020 by James Adam

In Search of Your Dream House? How to Find a Good Real Estate Agent

Homes

If you’re in search of a dream home, one element that can make or break your purchase is your real estate broker. There is a broad range of options to choose from in this industry, from local real estate firms to Virtual Real Estate Companies.

It would be best if you had an experienced professional who addresses your concerns and understands the market. The person you choose may not work with a large brokerage, but this expert can still find great deals and make the most closing deals.

To help you with the process, here’s what you can do to search for and find a real estate broker to work with.

Know the Difference Between a Realtor and an Agent

A realtor has a license to sell properties as an agent, but not all agents are realtors. For example, to become an agent you need a qualification like an Agents Representative Certificate, but there is another step in becoming a realtor. Industry statistics indicate that less than half are realtors. Realtors are more specialized since they belong to the NAR or the National Association of Realtors. They are required to follow the organization’s Code of Ethics.

These are guiding principles that are higher than normal business practices. Only those who are certified realtors can use the Realtor Logo. It would be best to go with a realtor, but an agent will also work well with you.

Peruse Agent Listings Online

Numerous websites now refer real estate agents to you. However, this is not an assurance of quality. Sometimes, these agents have just paid for the site to be listed in the directory. For the best results, research the top performing real estate companies in your area. You can also consider Virtual Real Estate companies that have the proper certification.

For both local and online companies, check their official company websites and read up on the agent profiles, if there are any. Do your due diligence so you can read up about agent experience.

Do not discount newbies right away because they usually have more time and the gumption to help you. Be sure to check for online client reviews, testimonials, and comments.

Consider Attending Open Houses

It’s easy to meet real estate brokers in their working environment by attending an open house. During this time, you can even interact with them and ask questions. See how they reply and analyze their disposition. During your interaction, you can gauge if you feel comfortable with the demeanor and character of the person.

During these open houses, collect business cards and take down notes about all the agents you meet.

If you have to sell a home before you can buy a new one, pay attention to the agent’s selling skills. You want someone polite, honest, informative, communicative, and knowledgeable.

Pick someone that hands out sleek promotional materials, while pointing out home features when giving tours. Stay away from those who are sitting idly in the corner and ignoring you.

Keep an Eye on Neighborhood Signs

Keep a close watch on the “for sale” signs in your neighborhood and the surrounding areas. Take note of the day when these signs go up and when they disappear or are sold. An agent who has a quick turnaround for his listings is a great candidate. This is better than an agent who has a lot of for sale listings. You’re after results and not the number of listed properties.

Read Print Ads

Some real estate agents invest in print ads. They run advertisements when they want to sell a specific property, or they want to promote their services. Check your local community papers for these types of ads in your area or the area where you want to move to. Cross-check these with the websites so you can get to know the agent further.

Ask for Recommendations

It’s not uncommon for mortgage officers and bank loan staff to know real estate agents. These professionals have a working relationship with real estate agents, so they may have first-hand knowledge of exceptional brokers you can work with. Ask family and friends, too, for referrals. Those who have worked with an outstanding agent will gladly make recommendations.

Final Word

After doing all these steps, narrow down your list to at least three possible agents that you want to work with for your house search. Ask them for their references, do an interview, and a background check. Finally, decide who you feel most comfortable with among them. Even if this is a working relationship, trust your gut and pick the person that feels right for you.

February 24, 2020 by James Adam

Why do you need a Software for your real estate business?

Business

With the latest advancement in computing technologies and the internet, the way to handle business data and processes has significantly changed. Innovative business solutions and software have empowered every industry across the world to handle processes more efficiently and effectively. And the real estate is one such industry that has significantly benefited from the software.

Realestate software is designed in a way that makes the ease of doing real estate business easier, more effective, and smooth with minimum efforts. For instance, this software is able to find the right match for the user’s property requirement, thus allowing you to customize the system, and they also have several features that will grow your business. Discussed below are some of the reasons why you need Software for your real estate business.

Secure and convenient data management

When it comes to renting or leasing a property for personal or commercial use, the process involves a lot of paperwork. It can be hard to guarantee convenient, secure storage of data and get easy access with the traditional system. The right real estate software can offer the ability to safely store and retrieve data whenever required.

Bringing automation in real estate solves a lot of problems faced by every real estate agent on the day to day activities. Also, a good software solution saves resources and allows businesses to gain control over the different processes. While implementing the software would require a significant investment, the massive returns it can bring for your business make it worth your investment.

Easy finance tracking

It is very difficult to manually keep track of financial records. It becomes even more perplexing when a real estate business needs to track payments acquired from different monetary transactions. Moreover, it could result in businesses losing track of finances, chances of missing the payment records and incurring losses.

A real estate software supported with accounting features can easily help you deal with these issues. The real estate software solution reviews invoices, monitor payments, keep a record of each buyer and tenant, which allow real estate companies to automatically generate financial reports. This also allows businesses to improve their processes and make better sales, leasing and renting decisions.

Organized information

The real estate industry is data-heavy, so several real estate agents who do not rely on software solutions usually need to make mental notes and store all this information in their heads. However, a proficient real estate agent should have several lead generation streams. And with the help of real estate software, you can easily and conveniently organize all of the details in one place. Different pieces of information linked from multiple lead generation streams can be neatly placed and organized in a single place that can be accessed from any device.

Time-saving

A real estate software solution automates all complex tasks, duties, and processes, which would otherwise need manpower and time. From sending reminder emails, issuing notifications, to creating documents and reports, real estate software can take care of every aspect of your business. So, with reliable software, you can save a significant amount of time spent on tasks that previously require human attention.

Employee management

Any real estate company workforce needs to be well managed, and with the help of software, it can become very easy to achieve. For instance, there is software that offers multiple logins that allow a single account for multi-user access. The company’s structured plays a significant role, and integrating it with the software allow you to create a well-groomed hierarchy. Besides, your employees also benefit from real estate software as there is no duplication of work, and they can easily schedule meetings, create task reminders, and more.

Improve communication

When managing a real estate business, it is important to always be in contact with your tenants and buyers. As your tenants come and go, you need to be prepared to deal with a constant leasing process. And as for buyers, there needs to be great communication between both parties to ensure smooth property dealings. Dealing with your tenants and buyers requires great communication flow, which is difficult to achieve without software solutions, like readily available access to contact information and history.

Make responses right away

With real estate software, you don’t need to put your clients on hold while checking your files and assess the information before giving the right response. And with the help of CRM, real estate agents will be able to respond instantly. For instance, when a client asks you a certain question online, the CRM system allows you to answer right away. You need to be able to give responses as fast as you can, and the software allows you to do it efficiently.

January 22, 2020 by James Adam

7 Ways Online Technologies are Changing the Real Estate Industry

Business

Technology is inescapable and unstoppable. For businesses, tech trends are affecting their daily operations in more ways than one. Even in the real estate sector, technology causes significant changes, including those we’ll briefly talk about in this article.

1. Agents are More Connected and Responsive

Because of technology, real estate agents can connect and respond better to their clients. They are easy to access whenever prospects have a question or concern. Mobile applications like WhatsApp can be used to communicate and to share files. Brochures can be sent as email attachments. Online channels can be utilized for direct communication.

2. Virtual Reality Offers an Innovative Way to Present Properties

In the past, real estate agents spend a great deal of time giving house tours to their clients. Because of technology, this may no longer be the norm. Many real estate companies are using virtual reality to provide a 360-degree view of the property. This is an immersive experience that can redefine the way real estate properties are promoted.

3. Providing New Platforms for Education

If you have always wanted to become a real estate agent, technology presents new opportunities to learn. There is no need to be confined in a traditional classroom set-up to learn how the industry works. It is possible to obtain a certificate in commercial real estate by accessing online training materials.

4. Using Online Marketing Platforms

Traditional marketing platforms can be expensive. In this digital era, real estate companies can use online tools to change the way they are promoting their products and services. For instance, it is not uncommon to build a website and use it as a marketing tool. Social media platforms like Facebook and Instagram are also increasingly popular platforms for promoting real estate properties. Email marketing also holds a lot of promise.

5. Tapping the Power of Artificial Intelligence

The use of AI tools is another way to revolutionize the real estate industry. It can streamline complex processes, making it possible to deliver services at the speed of lighting. This will also result in significant cost-savings. This will also be effective in managing data and minimizing errors. Even contracts can be reviewed using AI tools.

6. Improving Tenant Experience

Technology also promises to provide a better tenant experience. For instance, with the Internet of Things, it is possible to incorporate automated systems in real estate properties, such as automated lighting or air conditioning and heating.

7. Taking the Business to the Cloud

Cloud computing has also found its way in the real estate sector. The use of web-based tools is effective in improving collaboration, communication, and accessibility. It provides an excellent way for real estate agents to work with each other. It also offers lead and marketing management solutions.

From improving agent responsiveness to unlocking the benefits of cloud computing, technology is changing the real estate industry in more ways than one. Businesses in this sector should tap into technological tools to improve competitiveness and profitability.

October 9, 2019 by James Adam

6 Hacks for Writing Creative Real Estate Listing Descriptions

Homes

There are many parts of the country where the real estate market is always booming. Agents fend off buyers and sellers by the droves while counting their checks from a penthouse.

But outside of this fantasy land, real estate agents need a good marketing strategy in order to keep sales going. Here are tips on making your listing description nothing short of spectacular.

What’s In a Listing Description?

People are naturally intimidated by writing. The idea of coming up with picture book quality visuals in written format is enough to scare off even a seasoned agent.

You can ignore your fear of failure and stick to a tried and true formula for writing a listing description.

Headline

The headline of your listing description is what draws the reader in. Here is where you need to put your best foot forward.

Combined with an epic thumbnail photo of the home you’re selling, a good title tells the reader what to expect next. It should be everything about your home’s best features in just a few words.

Some writers choose to add titles and headlines last. Why?

Because short descriptions are the hardest part of writing. You need precision and clarity. It’s often difficult to achieve this until after you’ve gotten into the meat of your long description.

Opening Statement

Next, start your listing with a brief SEO friendly paragraph summarizing the listing description. This paragraph is usually just a few sentences and explains what the reader should expect from your listing overall.

This is where you can also list any special promotions related to your property deal like with mlsli listings.

Narrative Description

This section is the longest written area. It goes into detail about the story of the home you plan to sell.

Your narrative description should include a full listing of features including pertinent information. For example, if the hardwood floors are new in the living room, here’s where you’ll explain to the buyer the age of the floors.

Allow your listing description to walk the reader through each room of the house. If they never visited for a walkthrough, this listing description should make them feel like they’re in the room taking in the crown molding themselves.

Call to Action

Make sure you have a strong call to action to launch readers into making appointments, calling with questions, or forwarding your listing. This section is also where you can repeat the special promotion you have to offer that’ll seal the deal.

Always have more than one form of communication available. Phone and email are the top options because they allow you instant access to potential buyers.

Creating a Great Listing Description

Your listing description can make or break your property deal. You want to use the best descriptive language without lying about your property’s features.

Read other real estate listings for examples on how to position certain features. For more information and tips, visit our blog for updates.

September 23, 2019 by James Adam

3 South Asian websites that have made property transactions a piece of cake

Homes

Technology has altered the way all of us operate. This may be seen in our personal, and professional lives, and how new opportunities are crated to improve both. The world has moved online, and so has every aspect of life. The internet is a global marketplace, with vendors that offer all kinds of products and service to suit the need of people everywhere.

Things aren’t much different for the real estate sector. People are expanding their real estate horizons. Realtors are broadening their scope of services to accommodate the evolving needs of their global clientele. Real estate websites and online portals are easily available. These allow you to browse through property listings to get a feel of all potential choices. This way, you won’t have to hunt down a realtor to show you properties that aren’t always what you seek.

South Asia (encompassing India, Pakistan, Bangladesh, Nepal, Sri-Lanka, Bhutan, Maldives and Afghanistan) is one of the world’s fastest-growing real estate market. However, it remains underappreciated. This is due to the lack of reliable sources to gather helpful insights for national and international property investors.

In this blog, we will tell you about three game-changing South Asian property websites. They will help you navigate the real estate market of South Asia like a pro. Whether you are a native seeking to shift, a foreigner looking to make some profit in this promising real estate region, a property owner looking to sell for profit, or a landlord hoping to find decent tenants. These websites, as the title suggested, make all kinds of property transactions ‘a piece of cake’.

You can look at pictures of each property listing using these websites. They even categorises their listings based on living amenities, including commute, bachelor-friendly, type of schools, and even the quality of the nightlife.

1. Housing.com (India)

Housing.com is a Gurugram-based property search portal. It lets you browse houses, flats and land in all 40 major cities of India. The company has over 6,000 brokers. It can help find the ideal real estate or tenant prospects in cities like Chennai, Mumbai, Banglore, Dehli, Amritsar and Kolkata etc. The website is gaining in popularity as the best place to find a house in India. You can find listings for all kinds of properties, located in all major Indian cities. You can also get help from their professional staff as well. Housing.com is an official partner to prominent real estate businesses like India’s Real Estate Forum, Realty BI, Makaan and Prop Tiger.

2. Lanka Property Web (Sri Lanka)

Sri Lanka is a popular tourist destination in this part of the world. More often than not people fall in love with it enough to decide to relocate there. For both the locals and new natives, Sri Lanka real estate offers enough capacity and versatility to accommodate all their needs. Their property market is currently doing very well. This can be evidenced by the recent 64% spike in property prices in Greater Colombo, as per a recent study.

To find a property in Siri Lanka, you should visit their premium property portal ‘Lanka Property Web’. Established in 2007, it is the most visited website in the country, offering the greatest number of listings

3. BProperty (Bangladesh)

BProperty is a multi-national real estate venture that operates in United Arab Emirates, Morocco, Pakistan and Saudi Arabia, aside from Bangladesh. Here we will focus on Bangladesh alone. Presently, BProperty is the largest e-commerce property buying and selling website in South Asia. You can either be a renter or a seller, and make profitable deals through this portal. The website’s multinational status ensures that all its clients are served with the standards upheld by the world’s top real estate firms. Bangladesh has a rich cultural history, and despite being an under-developed county, offers great opportunities for investment in real-estate.

While on the subject, you should also know…

Housing (Indian real-estate portal) and Prop (Pakistani real-estate portal) are two of South Asia’s most credible property websites. They offer real estate insights better than traditional realtors. However, to get a better understanding of the area you are looking to invest in, you should also be aware of the Openstreetmap website.

The Openstreetmap is a Wikipedia-inspired, global collaborative project. It aims to create a streetwise map of the world, which can be edited or improvised when needed. People offer volunteered geographic information that can help you have a clear visual of any neighbourhood and its facilities (proximity to expressways, restaurants, schools etc.). More importantly, it is available in any part of the world that holds an interest for you.

You must come across property portals on the internet all the time. However, the reason for creating this blog is to introduce you to the online platforms that are leaders in the real estate business. This will help you avoid fraudulent listings that may pose a financial and privacy risk.

September 21, 2019 by James Adam

Should You Invest in Real Estate in Spain?

Homes

Can you picture yourself living in Spain, sipping wine and eating tapas on your balcony? Listening and dancing to flamenco music on the weekends? Enjoying afternoon siestas?

Did you know you could do that in your own home in Spain?

Nearly 20% of all property buyers in Spain are foreigners!

If you have ever dreamed of owning real estate in Spain but wondered if you could make it happen, then continue reading to learn more about investing in the Spanish real estate market.

Real Estate in Spain

Home sales are increasing in Spain. This is because of the growing Spanish economy, increased rental prices, and more foreigners buying homes there.

Foreigners can buy and sell property in Spain without any limits. They make up almost 20% of the investment housing owners there. Foreigners can buy and sell property in Spain without any limits. They make up almost 20% of the investment housing owners there.

International buyers from Britain, France, Germany, and Russia are finding great opportunities in the Spanish market.

The Spanish housing marking remains upbeat, despite the challenges seen around the world in 2020. Housing costs rose by 0.10% in the second quarter of 2020.

Mortgages in Spain

The market is up because the mortgage requirements becoming easier.

Non-residents are able to get the same mortgages under the same as citizens do. The mortgage can cover up to 80% of the cost of a first home and between 60-70% of a second property.

Mortgages can be taken out for a minimum of five years, up to the traditional 30-year maximum. One thing to note is that the mortgage must be paid by the time the person is 75.

You need to provide at least a 20% down payment and have an additional 15% on hand for the taxes, lawyers’ fees, etc. Spain is unique in that the down payment is paid directly to the seller. It does not go into a separate escrow account.

Property Taxes in Spain

Non-residents who own property in Spain are subject to three different taxes. All homeowners have a 25% tax on gross rental income and a capital gains. Everyone must pay a property tax, but non-residents also pay an additional 3% Non-resident Property Tax.

Spanish Real Estate in Major Cities

Low prices have made real estate in Spain attractive but is it a good opportunity?

Absolutely! Spain is the perfect place for investing in property, offering some of the highest rental yields in Europe.

Here is a breakdown of some of the real estate benefits in some of the more popular cities in Spain.

Valencia Spain Real Estate

Rental prices and property sales are soaring in Valencia, mostly due to foreign demand. Over 35% of the residents here are from other countries, seeking out the Spanish Mediterranean lifestyle.

Malaga Spain Real Estate

A popular holiday destination, Málaga is perfect for those wanting to retire. Housing sales increased by 31% in 2019, and many believe they will continue to rise. Entry prices are still reasonable with apartments in Málaga still available under EUR 175,000. Rental prices have increased by 4% here in 2019.

Madrid and Barcelona Spain Real Estate

The interest in luxury properties continues to grow in both Madrid and Barcelona and they offer rental yields near 4.5%—some of the highest for European cities.

The rents between the two cities are similar with Barcelona having only a slight edge over Madrid. A 50 sq m apartment in Madrid will rent for EUR 950-1,000. A larger 120 sq m apartment goes for EUR 1,750-2,500.

Green Real Estate in Spain

A growing market in Spain is the green real estate market. People are buying properties with energy-saving and sustainable features that meet the EU’s regulatory agenda.

Sustainable property is a safe investment. It appeals to potential renters and increases the value for future sales. It’s also cost-effective, adding a lot of value for minimal extra renovation or development costs.

Spain’s Golden Visa

Spain is one of a number of European countries that offer a “golden visa” or residency by investment program.

Non-EU residents making a real estate investment in Spain (greater than or equal to EUR 500,000) are able to obtain a residence permit.

Where to Find Real Estate to Purchase

With the growth of foreign buyers in the Spanish real estate market, more websites and estate agents are available in various languages.

If you’re interested in exploring properties in Spain, search on Right Casa Estates to see what is available.

How to Buy Property in Spain

The process of buying real estate in Spain is similar to other countries.

The buyer makes an offer on the property, usually to the seller’s agent. Once that’s accepted, the buyer pays a 10% deposit and signs a contrato privado de compravento (preliminary contract) along with the seller.

Once the mortgage is arranged, the buyer and seller sign the escritura de compravento (contract of sale) and get it notarized. At this point, the buyer pays the full sale prices, taxes, and any other costs due.

If there are any debts (mortgage, property taxes, etc) on the property they are transferred to the new owners. Therefore, it’s important for the buyer to do their due diligence and confirm if there are any debts associated with the property before they finalize the sale.

Find Your New Home in Spain

Real estate professionals consider Spain a “Market to Watch”. With its low prices, high yields, and friendly buying opportunities, real estate in Spain is a growing investment market.

Explore other articles on our site to learn more about real estate investments.

August 12, 2019 by James Adam

In This Economy? Real Estate Investment Tips You Need to Know

Business

Real estate has the word “real” in it for a reason. While there are countless ways to generate income today, you’d be hard-pressed to find a person with true wealth who didn’t invest in real estate.

People will always need shelter to live and work, and real estate deals make that process happen. Following some core strategies can make your journey into real estate investing a lucrative one.

Let these real estate investment tips whet your appetite so you can grow your net worth.

Focus on Improving Your Credit and Cashflow

The key to successful real estate investing is being able to strike a deal while the iron is hot. You don’t want snags with your financing when you’ve spotted a foreclosure home with an amazing return on investment (ROI) potential.

Keep your credit score high and you’ll always be a few steps away from a loan. Pre-approvals can help prepare you better than almost any other lending model.

Always have cash on reserves that can act as a down payment as well. You’ll always get the best available real estate terms when a sizable down payment shows good faith and reduces the loan amount.

Figure Out Whether You’re Interested in Flipping or Renting

Investors get into real estate for different reasons. Flipping properties for a sale and renting out properties to tenants are two of the most common ways to invest.

This is the difference between a long-term and short-term investment, so a lot of this depends on your temperament and goals.

Today, you can also list your home as an Airbnb arrangement. Housing guests more frequently can bring in tons of revenue.

Securing your first piece of property is a milestone that will teach you how to proceed in a business-like manner.

Hire Real Estate Managers, Lawyers, Agents, and Other Professionals

It takes a village for you to find success with real estate investments. Think about the work you need, and find the best professionals to help with those jobs.

For instance, you might want to get into real estate investing without having to manage the property in all of its details. There are professional property managers that will help you whether you invested in residential or commercial real estate.

Property managers will keep up with tenants’ needs. They’ll also schedule landscaping and repair service when necessary.

Having a professional real estate attorney by your side will also give you confidence in every transaction that you go through. You can count on their sound advice and watchful eye.

It can also help to hire a certified public accountant (CPA) and contract with cleaning and repair companies.

You will have your local choice of professionals of all kinds, so take the time to choose carefully.

Use These Real Estate Investment Tips

Putting these real estate investment tips to use will help you exponentially. The market is wide open, so get started so you can get a return on your investment.

Check back for more information related to real estate investing.

July 22, 2019 by James Adam

Great Expert Advice For Buying And Selling Real Estate Properties Fast

Homes

Do you want to make money as a real estate investor?

Broadly speaking, you could take a long-term approach, where you buy a property, sit on it for several years and sell it off at a profit. Or you could take the short-term approach, where you buy properties and sell them soon after, typically after making repairs or upgrades.

In this article, our focus is on the short-term strategy. We’re telling you how you can buy and sell real estate properties fast, all while making a tidy profit.

Keep reading!

Get Your Finances in Order

Real estate is a capital-intensive investment.

Sure, there are ways to invest in real estate without having a lot of money, such as investing in a REIT, but if you want to be involved in the business of buying and selling properties, you need a substantial amount of money.

Remember, your goal is to buy and sell real estate properties – fast. This means snapping up a property that suits your needs as soon as is it becomes available. You don’t have the time to processes a mortgage or explore other financing options.

As such, be sure to raise sufficient capital before you get started in this industry. Although you’ll be eyeing low-cost properties, such as fix uppers, they still don’t come cheap. An abandoned single-family home going for a throwaway price, for instance, can still cost six figures depending on location.

Focus on Specific Locations

As a real estate flipper, you want to get the best deal when buying properties. This means casting a wider net, so you don’t miss out on cheap properties as they become available.

However, be careful not to cast too wide a net, at least when starting out. You don’t want to travel thousands of miles away from your locality just to check out a property.

It’s advisable to focus on specific locations and develop your reputation there. With time, you’ll find that you won’t be actively looking for properties to buy. Sellers will be seeking you for quick deals.

Do your market research and find a location with a vibrant real estate market, and then set up your operations there.

Diversify Your Property Portfolio

As a newbie, you naturally want to focus on residential buildings. However, if you want to grow and make money, expand your horizons.

For example, you could look into container buildings both in residential and commercial settings. Check out this container bar to get an idea of how shipping containers are being used in real estate.

You can also look into land, especially smaller plots that are quickly affordable.

Build Connections With Industry Professionals

As a real estate investor, you need to have quick access to industry professionals, such as real estate agents, property valuers, and attorneys.

When you want to buy a property, for instance, there’s a lot that needs to happen before you can close the deal. When you have the professionals who can help you close the deal on speed dial, there won’t be unnecessary transactional delays.

Make Money Buying and Selling Real Estate Properties

The real estate market in the United States is a prime investment destination. However, you need a good strategy in order to succeed. With this guide on how to sell and buy real estate properties fast, we have given you one strategy that works.

Need more real estate investing tips? Keep reading our blog.

June 24, 2019 by James Adam

Simple Guidance For You In L & T crescent Bay Real Estate Projects

Business

L & T Upcoming New Projects is the best future real estate investment point in Mumbai. It is the best way to invest in L&T Crescent Bay Parel Mumbai residential apartment. Crescent Bay is Launched Date of the Project: Oct’12 Project RERA Number: Registration No: Tower 1 – P51900008032, Tower 2 – P51900010178, Tower 3 – P51900005188, Tower 4 – P51900006593, Tower 5 – P51900004544, Tower 6 – P51900004666.

Crescent Bay is a joint venture between L&T Realty and Omkar Realtors & Developers. It is located in the residential part of Parel. It is a Large complex with 6 towers that are grateful to look at and wonderful to live in. It has everything that established in luxury from multi-level parking, high-speed elevators, sky deck. The entire project is designed keeping in mind the best of required and functionality. The best portion about the location is that it is well attached to both central and western suburbs and also shares proximity with business districts like Nariman Point and Bandra Kurla Complex. Which is the shortest distance in monorail from home, you can get quickly comfortably and easily travel to the place.

L & T Crescent Bay Project is full of Amenities like Swimming pool – lap pool & kids’ pool,

Mini-theatre, Room for reading, Basketball ring, Business center, Mini-theatre, Indoor games‘ room for table tennis, snooker & carrom, Multi-purpose halls for yoga, meditation, aerobics, and dancing. Senior citizen area really is the very good amenities are providing Upcoming new real estate project is L&T Crescent Bay Mumbai.

The entire project design inspiration is the master bedrooms are laminated with wooden flooring. The rest of the rooms have imported marble flooring and vitrified tiles. A granite platform with stainless steel sink adds to the functional part of the design. All apartments have a modular kitchen. There is also a facility of a video phone and intercom. Living and dining rooms have a split AC with Home Automation in living, dining and master bedroom.

About the floor plan of the L&T Project, there are four types of Floor plan in a 2BHK apartment.

2BHK Floor Plan with a 780sqft carpet area which may cost 4.35Cr with the base price 3.6Cr. 2BHK Floor Plan with a 780sqft carpet area which may cost 3.98Cr with the base price 3.66Cr. 2BHK Floor Plan with a 788sqft carpet area which may cost 4.01Cr with the base price 3.31Cr. 2BHK Floor Plan with a 790sqft carpet area which may cost 4.16Cr with the base price of 3.44Cr. The possession date is March 2019 for 2BHK 780 carpet area.Mar 2022 (2BHK: 790 & 788) & Tower 4 & 5: RTMI (2BHK 780). 70% is the total open space the project total land of the project is 5.48 Acres and the total floor plan is 41 to 53.

Crescent Bay is a residential complex that offers a calm the Mumbai. If you’re looking to real estate investment in Mumbai then the best option is to L&T Crescent Bay residential apartment is really good for you.

June 17, 2019 by James Adam

RERA; saving the interests of NRIs and the economy of India at the same time!

Business

NRI or the non-resident Indians have created the biggest real estate investment market in India. Most of the big buying properties in India where Indians cannot invest at all, NRIs are big time savers. They invest in these projects as investing in real estate is the best investment in today’s world. No matter how influential you are or how much money you have, after a certain point of time, buying property would be the toughest thing. Every single place is bought and turned into real estate projects by companies. Hence having some of these places bought previously will give you a good return with time. This is the reason that NRIs are so much keen on investing in real estate projects.

There’s a lot of problems!

But lots of problems are waiting for them on the edge of the deal. When someone is investing money into a project, they certainly look for a good return from this project. They invest money for a particular time and they want a good return within a said period. Now if the project they are investing in doesn’t get finished on time, their money gets stuck. In such odd situations, these people depend on the age old policy; getting away from the project. They simply do not want to invest anymore in the project and hence the project gets shelved or faces a big economic crisis! NRIs face such problems very often.

Delay is not allowed!

There is another big problem persists. The more time you hold onto a property, there are consequences that you need to face! As the buyer promised to buy the property once it is completely done, he made his investment. But after paying the money, sometimes it is seen that the project doesn’t start as per given time schedule or it doesn’t go as per schedule and hence the buyer needs to face a lot of consequences. He may have taken loan from other thinking that this investment would bring money into his way, but this delay changes the whole scenario and now the buyer needs to give back the loan to the lender!

What is RERA?

RERA or Real Estate Regulatory Act is the real estate regulation and development Act 2016 and it is there to help the NRIs from the situation and to save the country from lesser investment crisis. For a long time the buyers said that the law regarding the real estate construction is very much biased towards the builders. So most of the time the investors have to face problems. The builders increase the time and amount of the project as per their convenience and that is not worthy at all! The government was in a dilemma how to handle such situations and RERA is their ray of hope.

RERA; a good balance between builders and buyers

This new law is there to set a good balance between the buyers and the builders. The law is there to make sure that the builders should finish the project within the said time and there would be no delay in hand over the project to the buyers. In most of the cases, these project holders do not reply to the buyers and even they say they will inform once the project is done. But who has so many days in his hand? The buyer may have taken the money from market as a loan and he has to pay back the loan on time! But the builder doesn’t pay attention to their requests of further clarification. So here’s the law is available for the buyers now. Now the court will call the builder if anything happens beyond the line. Once the project starts, the builder needs to give all the information to the buyer at the first place.

Investors are all welcome

This law is welcoming sign for all the investors from UK, US, UAE and other parts of the world. Now every NRI living in any part of the world can invest in their country. India needs more investment from NRIs. They invest the money properly and there’s no complication in most of the cases and that’s why Indian parliament has decided that they would protect the interests of the NRI investors. With this small change in the laws of India, NRIs are now investing in plenty amount and hopefully that counts big in case of Indian economy growth.

June 8, 2019 by James Adam

Top 8 Places That Are Gems For Investing In Real Estate!

Homes

Investing in the real estate is not as easy as putting money in equities. But, its still one of the most popular market to invest and get great returns. You can either put money in real estate investment trust or in groups, or can become a landlord and sell/rent the property to someone.

With that, if you want to stretch your dollars to area that give you huge benefits, investing in the location is an important factor that need consideration.

The best location to invest in real estate for equity growth and for the cash flow have three things common, which is growth of the area, population growth in that are and affordability of the property.

Check out these 8 places that are best for investing in real estate:

Orlando, Florida:

Orlando is quite popular among single families who want fully furnished and renovated properties. Besides, the rental rates in the place has never seen a slow and is expected to increase in the coming years. With cash flow, the values of property is on upswing with no signs of slowing.

There’s no state income tax and the property taxes and insurance rates are low. Invest here, add health care facilities in your property and you will see many baby boomers attracting toward your property.

United States:

The US property market is evolving, with foreigners from EB-5 Visas coming to choose the country as their most trusted investment destination. the stability of the market, technological advancements and more has made buying propert overseas easy and smooth.

In fact, the Association of Foreign Investors in Real Estate, has touted US the safest real estate market. moreover, the properties are cheaper in US as compared to the UK and other Canadian cities.

San Franciso, CA:

San Francisco is one of the top destinations for investing in the US real Estate, with highest share of foreign purchase of all US residents amounted aproximately to 14%.

Property investors resort to investing in real estate of San Francisco because of huge tax benefits, tax shelters and property appreciations. Besides, the job growth is another reason for the property investors investing in San Francisco.

Los Angeles,CA:

LA is another top destinations for foreign investors investing money in US estate market. the favorable demographics, firm housing market and a booming business district make it the most favorable place to invest. Rising household income and demand of the space make the city popular for investments.

Georgia:

Low taxes, skilled workforce and the state’s prosperity are some reasons that make Georgia make the best property investment place for many investors.

The investors can also find affordable residences to buy and rent properties in the city.

Miami, Fl:

The Miami real estate is always on high with condominiums, single-family homes and other luxurious apartments taking the credit of most sales of Florida.

Besides, the Miami’s vibrancy, overgrowing tourism, economic stability and low cost of living are other reasons that make Miami one of the best cities to invest in real estate.

Idaho:

Potential growth in the home and affordable housing is the reason behind Idaho’s huge investments. For property owners, rental rates in this place are always on high, especially in the Boise area.

Mississippi:

Mississippi has lowest cost of living and gives you the most purchasing power for every dollar you would invest. The three big real estate markets for investing in the Mississippi are Gulfport, Hattiesburg and Jackson with combined home price of $191,633 (approx).

So, now you know which places can give you high investments, try them before spending dollars.

December 29, 2018 by James Adam

Koh Samui Real Estate Guide

Homes

If it’s not too much trouble see beneath for helpful data and guidance worried about purchasing land in Koh Samui.

Understanding The Legal concerns

When purchasing land in Koh Samui, similar general contemplations which are constantly imperative when searching for land, such finding the correct area and picking a trustworthy and free operator, normally apply. In any case, in light of the fact that the legitimate directions in Thailand overseeing land securing are distinctive to those in a purchaser’s nation of origin, it is additionally prudent that a planned purchaser invests some energy getting comfortable with the lawful alternatives accessible. It would be ideal if you see our lawful page with more insights concerning lawful proprietorship alternatives open to outside purchasers of land in Thailand and Koh Samui.

Area Location

Despite the fact that Koh Samui is just 247 km², it can at present take up to 45 minutes to drive from one side of the island to the next, and the qualities of the diverse areas differ fiercely. Subsequently, it is critical to deliberately consider the area of your land inside Koh Samui. If you don’t mind seeing our Samui Overview page for more insights concerning the diverse towns on the island. The most looked for after territories for purchasing land are Chaweng, Bo Phut and Choeng Mon as they are most focal as far as vicinity to the traveler focus of Chaweng, the top-notch food of Fisherman’s Village, strip malls, for example, Tesco Lotus, the air terminal and conveniences, for example, healing facilities. Obviously, not every person needs to be focal but rather it merits recollecting that being progressively focal is probably going to help with future resale. So do your examination and invest some energy getting comfortable with the distinctive accessible areas.

Picking the Right Real Estate Agent

When searching for land in Koh Samui the decision of the correct land specialist is considerably more vital than when a purchaser is looking for property in their very own nation. This is on the grounds that they will be far less comfortable with Real Estate in Koh Samui, and henceforth less acquainted with market esteems and distinctive areas. They will likewise by and large have a flimsier comprehension of the lawful issues administering land procurement in Thailand contrasted with that material in their nation of habitation. Thus, invest some energy picking the correct land operator. Search for a settled and autonomous specialist, not integrated with a specific advancement.

Picking the Type of Property

When choosing which sort of property is a large portion of intrigue, i.e. house, townhouse, loft or apartment suite, it is imperative to have a decent comprehension of the legitimate possession alternatives open to remote purchasers of Thai land. One of the essential controls critical to comprehend is the way that, as an outside purchaser of Thai land, you are not permitted to hold the freehold of land in your own name. Rather the land either should be rented or held in a Thai constrained organization. Other than the legitimate limitations concerning responsibility for sorts of property, purchasers need to consider addresses.

November 13, 2018 by James Adam

Real Estate Agent Tips: 7 Outstanding Strategies to Find the Perfect Realtor

Homes

If you are looking to bring on a realtor to help you with the selling of your home, check out these real estate agent tips to find the perfect one!

There are over 2 million real estate agents in the country. Each waiting to sell your property or help you find your dream home.

Some are masters of the real estate market. They are quick, efficient, and skilled in staging, selling, and searching for homes.

Yet, some may lack these skills. This can end up causing a great deal of frustration and stress during the real estate processes. now you can find best property at properties away.

It’s important to research a strategy before selecting a realtor to represent you.

Here are 7 real estate agent tips to find the best realtor for your needs.

1. Get Friendly with Google

Online research is an important tool in starting your search for a real estate agent. Begin with an accredited website that offers an MLS database, like Realtor.com. Here you can search for local agents in your area.

Look for agents that have a lot of current properties. This shows they are good at what they do and work hard to get those listings. Check their local listings to be sure they represent the area you plan to work in.

Always confirm the realtor has an active license for the state you live in. Read online reviews to learn more about client experiences with the realtor. 84% of the population find online reviews to be as trustworthy as recommendations from friends.

You should also pay attention to how well the agent represents themselves online. The agent or broker should have a well-established website and social media channels. Their contact information should be easy to find and you should get a reply right away.

2. Ask for Recommendations

You can also go with a grassroots method. Talk to friends, family members, and neighbors to get recommendations.

New to the area that you’re hoping to buy or sell property in? Check out the local community for tips on how to find a realtor that meets your needs. Grocery stores, hair salons, and restaurants are all great spots to ask around.

You also want to ask for recommendations from a potential realtor’s past and present clients. They should have a roster of satisfied clients that you can talk to. Experience, trust, and creative thinking are all key characteristics to look for.

3. Use Their Clients for Comparison and Compatibility

A realtor’s past and current clients can tell you a lot about whether they are a good fit for you. Their clients should be compatible with your own price range and location.

Make a list of a few realtors that fall into this category. Then compare their property listing prices with the actual sale prices. You’ll also want to look into the average length that their properties remain on the market.

Experience is an important factor when learning how to choose a realtor. They should also be well trusted and respected in your community.

4. Look for Unique Achievements

In larger cities or popular suburban neighborhoods, real estate can be highly competitive. Realtors tend to flood the market in these areas. So, it can be tricky to pick out the ones who will get you the best deal.

Look for professional or personal achievements that make realtors stand out against the crowd. Look for those who have won awards or earned extra credentials.

Other things to look for are realtors who take time to partake in extra training. Or those who get involved in the local community. This shows excellent character, work ethic, and passion for knowledge.

5. Find the Right Fit

An important tip in how to choose a real estate agent is finding the perfect fit. Think of it as a partnership. Where your personalities and values should mesh well.

When buying and selling real estate properties, you’re making one of the biggest decisions in your life. Trust should get established and you should feel 100% confident in your choice.

Realtors also bring forth a wide range of knowledge about potential properties. Some people consider being their own realtor when selling a home. Yet, others want access to real estate agent tips from professional brokers like Joe Manausa Real Estate.

Realtors can guide you through the entire process and make everything much smoother. They also have a solid network of interested buyers, inspectors, and loan providers.

6. Search for Someone Who Thinks Outside of the Box

This year marks one of the most competitive in real estate. Available houses are in low supply and only sit on the market for a short window of time. The average home stays on the market for 30 days or less.

In such a competitive market, you need an agent who can think outside the box. One that uses time in a quick and efficient manner and gets you the best possible price.

A secret tip for how to pick a real estate agent is to choose one that knows about properties before they become available online. These agents are well-connected to the community and can give you a competitive edge. Your agent should also have creative ways to increase your home value.

7. Don’t Be Afraid to Cut Ties if Needed

You’re never stuck with a bad real estate agent. The relationship with your realtor is a business deal. One that the realtor gets expected to deliver on.

Here are a few realtor red flags to look out for:

Having trouble getting ahold of your realtor or poor communication
Taking longer than average to sell your home
Dishonesty or trust issues
Being too pushy or not respecting your wishes

Be sure to communicate any hesitation or uncertainty with your broker’s office. Contracts get made with the broker, not the realtor. So they should be able to assign you someone else that better suits your needs.

Real Estate Agent Tips for Finding the Perfect Realtor

With so many agents on the market, these real estate agent tips will help you find the best possible match for your needs.

It’s important to do some background research first. Ask for recommendations and testimonials. Remember to look for experience, compatibility, and creativity.

The right realtor will make for a successful and smooth process in finding or selling your home. Here is more professional advice for selling your home fast.

September 27, 2018 by Incredible Planet Staff

The Keys to Corporate Business Success

Business

Every business owner wants to understand the key to corporate business success so that they can grow their company and help it to reach its potential. While there is no grand secret and there are various factors that will impact any business’s success, there are a few areas which are sure to help any company in any industry to grow and improve.

Mission & Goals

A business must have a clear established mission if it is to succeed as otherwise, it has nothing to work towards. Following on from this, it is also helpful to have clear goals for business in both the short and long-term to keep you focused and on track. These goals should always be attainable and celebrated once they have been achieved.

Sustainability

It is vital that a business is sustainable if it is to succeed. In the business world, this means managing financial, social and environmental risks, obligations and opportunities. When a business is not sustainable it can never grow and is destined to fail in one way or another in the future. In order to be sustainable, a business must be aware of the problems and issues that it faces now and in the future and takes measures to operate in a sustainable manner.

Relationships

In the business world, you very quickly realise that everything comes down to relationships with people. Fostering and maintaining good relationships with people internally and externally will always power a business and lead to success. These relationships will include employees and keeping morale high, maintaining positive relationships with affiliates, suppliers etc and treating customers/clients with respect. It is important to view this aspect as a constant and ongoing process.

Innovation

In order to succeed, a business must be innovative and able to adapt to the times so that they do not get left behind. A clear example of this is the internet – businesses have had to take their operations online and make sure that they are highly visible in order to succeed in the internet driven marketplace.

Office Real Estate

Much like an individual needs a home that suits their lifestyle, a business needs a property that allows them to carry out their mission each day. This will depend entirely on your company and what industry you are in, but it can be helpful to speak to experts like GVA Worldwide when property hunting to find the best place for your specific the company.

There is no secret to corporate success and what works well for one business may not work for another, but the above are all crucial factors for success in any industry. Carefully consider these aspects and make any necessary adjustments to put your business on the path to a brighter and more lucrative future.

May 24, 2018 by Incredible Planet Staff

Buying A Condo: 7 Things You Must Know First

Homes

While a condo is almost like a single family home or an apartment, buying one is different from owning a home because there are so many things to find out. Do not take anything at face value. You need to do more due diligence before you can move in to a certain condo community. Quite often, things are not as they seem, so digging deeper for more details helps a great deal. Having said that, do not fear to buy a condominium for indeed, it comes with many benefits, which outweigh the disadvantages by far.

Here the things you need to know:

Big Is Not Always Bad

Although it is not always the case, it is logical to assume that the bigger the condo community the better it is for you because you may pay lower condo fees. If there are more people, then it means the splits will be among all the people and thus, as compared to people living in a small building, you could pay less money in fees. You will have to ask about the fees though because different condo buildings have different rules. Thus, this assumption about big being better may not always hold water. Also, the more amenities there are the better.

You Still Need To Consider The Location

Many times, we assume that condos are built in the best locations, but that does not mean that one location will always be best for you. You need to consider a few things carefully. For example, from the condo building to where your children go to school, it should be very convenient. Consider also how far you would have to drive to go to work. You will be looking for a condo that is right in the middle of everything. Hospitals, railway station, shopping center and many more things should be considered. The closer they are the better because they will also positively influence the appreciation of the condo prices in future should you wish to resell.

You Will Require Permission To Do Your Décor

You will not spruce up your exterior décor any way you want because there are rules and regulations regarding that. The condo management enforces regulations strictly on décor, especially on the sides facing the streets. While the rules are less stringent about the interior décor, if you are not a rules person, you may be a bit hesitant about buying a condo.

Know The Kind Of Lifestyle You Need

It is right to refer to a condo as a condo community because you will be living in a community of other condo owners and anyway, your houses are separated by walls. You will be sharing all the available public amenities like gym, swimming pools, recreational facilities and others. So, before you commit to buy a condo, ask what kind of demographic the condos are targeted at. If you are a young professional, you might find it hard to live with seniors. Thus, look for a condo community that you can live with comfortably. If you are approaching retirement, then you want a community that has families, people of your age as opposed to an under 30 community.

More Amenities Is Always Better

If you will use all the available amenities, take a condo that offers almost everything. Most people wrongly assume that fewer amenities mean lower condo fees but that is hardly the case. The most important consideration is to find a condo building that is big because it means more occupants. That in return means more people to split the fees with. That way, all the amenities are paid for comfortably and you can use them as you wish.

You Need A Real Estate Attorney

Buying a condo is just the same as buying a regular home and therefore you need a real estate attorney. The most important thing is that an attorney will find out for you about the condo’s reserve fund and how well it is managed. A low reserve fund could mean escalated condo fees for you in future. You do not want that.

You May Not Want To Live In A Condo All Of Your Life

As exciting as living in a condo is, you will at some point want to get out and try something different, especially if you are young. Thus, as you buy the condo, consider the future prospects, especially as you may want to resell it. Ask whether condos in that building sell fast or slowly. If fast, go ahead and buy.

Conclusion

Now you know some essential information about living in a condo. So, if you wish to buy a condo, you should be able to make a better decision. If you are from Los Angeles, you can check out Los Angeles condo sale to understand the market scenario. If you have enough budget to buy a home, you can always do that. But buying a Los Angeles condo can prove to be more affordable when you have a tight budget. If you want a condo in Santa Monica, consult the best Santa Monica realtors to find your dream condo in affordable price.

May 22, 2018 by Incredible Planet Staff

How To Tell If You Are Outgrowing Your Home

People

Remember moving into your current home? Perhaps you’ve felt like it’s somewhere you’ll be content staying in forever. However, as you start accumulating everything from appliances to furnishings, pets, and yep, children, your home may start to feel rather “small.”

While moving into a new home is a huge financial and personal decision, sometimes moving is inevitable if you’re and/or your family isn’t comfortable living there anymore. Here are some signs that you’re outgrowing your home – and that a new address is becoming an option.

You’re in better financial shape

One of the top deciding factors in buying a home is your financial capacity. An inheritance, job promotion, or combined finances from a marriage can allow you to move to a bigger home or perhaps a better neighbourhood. And who doesn’t want to live comfortably and enjoy the fruit of their labour, right?

You need more space – or less of it

Perhaps the most common reason individuals and families outgrow their home is simply because the family grew. A home purchased as newlywed ready for a single child can get crowded once more furniture is added – or more children come along. If this happens, then you might need a space upgrade.

On the other hand, outgrowing tour home can also happen because of needing less space. Such is the scenarios for empty nesters, or parents whose children leave for their own families or work in another city. This makes the current house a burden to maintain. In such cases, a more modest home in a location that you want is worth considering.

You feel cramped

When the stairs start to double as shelving, when the kitchen closet contained a combination of food, tools, and work stuff – you’ll know that your home got filled to the brim. Possessions add up over time and instead of being cramped or hiding them somewhere else, you may need to consider a home that can easily accommodate your belongings.

Finding a new place to belong

Australia is filled with new residential developments in prime locations that are perfect for starting families, investors, retirees, and individuals who are looking for comfort and value for their hard-earned money.

The question is finding the right one in this vast and diverse continent.

If you live near Melbourne or its vicinity, then you’re in luck as house and land for sale in Epping is available for purchase from Lendlease. For one, the location is only 25km from the city, making it a perfect spot to settle in.

There is an abundance of choice when it comes to work, study, shopping, recreation and transport. Melbourne’s north is an energetic and pivotal location for the world’s most liveable city.

Sometimes you need to move because of a career change, or just because you can. Whatever the reason, make sure it’s the move is beneficial for the entire family. Don’t forget to research exhaustively about the location you’re eyeing before you commit. We hope this article helped you in deciding if you’ve outgrown your home and a new one is on the horizon.

April 3, 2018 by Varsha Shinde

The Big Role of AR in Improving Real Estate Sector

Technology

Since the year of its introduction to the world, AR has appeared in many interesting ways, be it an unforgettable gaming app like Pokemon Go, or other AR based apps. Due to its grand capabilities like overlaying virtual data onto a physical space and enhancing the real-world environments, the AR technology is considered to have huge potentials in the different industry verticals.

When almost every industry has started embracing the AR app development , real-estate has been in efforts to take advantage of this exceptional technology in the form of Real Estate App Development and other experiments. The ability of augmented reality to bring life to products makes it worth integrating into real estate sector, allowing businesses to display the properties in much interesting and perfect manner.

An augmented reality real estate app can have a big contribution in real estate marketing and can become a brilliant tool for salespeople and marketers of real-estates. Further, in this blog, we will see how AR can have a great role in transforming the real-estate industry.

How AR Can Be Effectual in Real-Estate

Publicity

AR has a power of fetching people attention and engaging them even at a first time they use it. The first impression is last one, and AR wins this fact. When you provide clients an AR tour for your properties, you will be increasing the chances of publicity of your real-estate business, since people will tend to spread a word about what they had just experienced, and thus, creating more buzz.

User Engagement

The augmented reality real estate app allows users to get additional information about the property like price, property specifications, locations, and photos. Moreover, the users are able to walk around virtually and look at everything like what paint color should be on the wall or where they can place their furniture, etc. This overall provides a delightful and engaging experience to the prospective buyers and helps them to make the proper decision.

Business Intelligence

Apart from driving buyer engagement, AR or augmented reality real estate app can be effectual to know customer preferences about properties, collect customer data and other essential information like CRM insights providing real-estate agencies necessary business intelligence for further deciding the marketing goals and strategies.

Instant Access

Most of the times realtors or real-estate broker found it difficult to take clients to a project place because of time and distance constraints. Here augmented reality real estate app comes as an endowment to get rid of this situation, making it convenient for realtors to reach potential property buyers and provide them a detail view and information of the property right on their Smartphone.

Benefits of AR Real Estate App Development

Real Estate Company or Realtors

Real estate app development with AR proves to be highly beneficial for the real estate businesses. An augmented reality real estate app enables realtors to have instant communications with their clients, provide them inclusive information about the property at right time and also acquire new potential clients.

With the AR-enabled app, it is much easier for real estate businesses to draw the attention of potential buyers towards their properties. Also, AR significantly helps to cut down the marketing efforts and cost.

Prospective Buyers

The augmented reality real estate app can aid buyers to make a right property choice. Such AR applications, allows users to experience virtual property tour. Further, some augmented reality apps are designed in such a way that allows user to scan flyers, banner, and other printed materials combined with augmented reality to observe the property alive.

AR technology, when used in apps, will also show buyers detailed information about the property like the price of the house, total area of the property, the number of rooms incorporated in it, and much more.

Some Popular Augmented Reality Real Estate Apps in 2018

Recognizing the vast benefits of AR and AR apps, many real estate businesses have built some amazing augmented reality real estate apps that are worth exploring.

Homesnap

The Homesnap real estate application allows customers to obtain information about homes available for sale in a particular area. The users just need to tap on location images they desire and the available information will be instantly visible to them. This information will consist of pictures of the home’s interior, the value of the home, and so on.

Lux AR App

The Lux AR app lets customers search for properties without the need of a map. Since the app makes use of GPS Geolocation along with a mobile device to provide customers exact location of properties near to their current location. Apart from getting a view of the property, customers can also interact with the environment.

NuOffice App

The NuOffice app offers clients with an insightful property searching experience. The app provides a 3D visual interaction to the user giving an interactive presentation of real estate projects. Real estate agencies can exploit the visualization feature in areas of architecture, real estate, and project management.

Conclusion:

Seeing above scenario it’s clear that AR has been immensely empowering the real-estate sector and further supposed to transform the industry with more technology advancement. Real estate app development has been experiencing lots of improvements with technologies like AR making the real-estate apps even more effectual and interesting. If you want to build a user engaging and full-featured augmented reality real estate app for your real estate business then get in touch with our AR experts to get a precise solution.

February 4, 2018 by Incredible Planet Staff

Housing Market Takeover: Why Millennials Should Buy a House in 2018

Homes

Millennials have notoriously been lagging behind previous generations when it comes to homeownership. However, things are changing. Millennials are now driving the home market. For several years in a row, Millennials have made up the largest group of homebuyers, at 34%. If you are a Millennial looking to buy a house in 2018, you should make the following points your top considerations.

Consider Financing

The main reason Millennials have put off buying homes is because of their financial situation. Millennials are notoriously not as financially well-off as their parents and it has impeded their ability to buy a house. Millennials looking to buy a home in 2018 need to make sure they are ready for such an important financial step.

There are numerous financing options that can make buying a home easier for Millennials.

FHA loans in particular, with down payments as low as 3.5%, are good deals. When considering how much money you’ll need for the particular house that you’re interested in, remember that you don’t have to be living at the same standard of your parents who are most likely years ahead of you financially.

Don’t feel the pressure to have the best house out there. Narrow down your options to your needs and basic wants, and then seek the financing options that match that.

Consider a Real Estate Agent

Millennials looking to buy a home need to decide whether or not they want to use a real estate agent. There are numerous advantages to using a real estate agent as a buyer. Unlike when you are selling, buyers won’t owe the agent a commission from the sale price of the home.

Real estate agents can take your wants and needs into account to find a selection of homes you may be interested in. Real estate agents also have advance knowledge of homes that will be coming on the market. This means you will be able to get your offer in faster and be more likely to get the contract.

Consider the Legal Aspects of Closing

Many Millennials rent, meaning they are passingly familiar with tenant law. However, the laws of property transference might be new ground. It is pertinent for first-time Millennial homebuyers to work with a professional real estate attorney, like those from Stoddard Law Firm, to ensure their closing goes off without a hitch.

In many cases, your real estate agent will handle this. However, if you’ve chosen to buy without an agent, you will want an attorney on your side to ensure there are no problems with the transfer of property.

Consider the Future

Because Millennials have waited so long to start buying homes, they may be in the market for a bigger house. The traditional starter home might be skipped over in favor of a forever home. Always consider the future when buying a home.

If you plan to have kids, ensure the home will be big enough for them, or plan to move when that time comes. If you want pets, like many Millennials do, consider a fenced-in yard.

It is time for Millennials to start buying homes. With a solid housing market, 2018 will be a great year to take the plunge. Plan accordingly and start shopping so you can finally have the home you’ve wanted.

January 4, 2018 by Incredible Planet Staff

How To Be Your Own Realtor For Selling Your House

Homes

Selling a house, if you are not a real-estate agent, can be as intimidating as buying a house for the first time. This is the reason the most conventional way to sell a house is hiring a realtor or the real-estate agent. There’s no harm in hiring an agent except for the fact that you’ll lose a hefty portion of your equity in the form of commission to the agent. I’m sure you’ll like to save that portion of your money if you can. And, yes you can save the agent’s commission with a little technical know-how.

So, let us take you to the procedure of selling a house on your own.

Decide the asking price for your property – Before you start advertising or list your home for sale you need to decide an asking price. Rate your house rationally rather than emotionally. Wear your buyer’s hat and look for the cost of similar properties in your area and rate your house accordingly. The price you decide from a buyer’s perspective will surely attract other buyers.

Know the selling points of your house – Again look from the buyer’s angle and search for the best features of your house. Do you have extra large windows? Is your home airy and lighted? Whatever feature you think can attract buyers highlight them while advertising or clicking photos of the property. Check other advertisements to figure out what features do realtors highlight about their client’s property.

Market your property – Once you have decided your asking price and know the best features of your house you can start marketing it. The most traditional way is to list your house on multiple listing services. But, if you don’t want to waste more time in juggling multiple buyers and negotiations you can directly contact a local agency that buys old houses in your area. These guys buy homes in the Dallas area for example. You can sell them your house fast for cash.

Prepare your house for luring prospective buyers – You need to deep-clean your house before showcasing it to anyone or you might lose in negotiation. You’ll need to vacuum-clean every corner of the house, scrub the tiles and counter-top and get done some pest and rodent control. And, yes don’t forget to remove the personal belongings that mess with the beauty of the house. If the wallpapers are sticking out or the paint is very old get them done on time.

Do the negotiation like a pro – Whoever you are selling your house don’t make yourself a weak negotiator. Even if you are under a gun to sell your house don’t let the buyer know this. Negotiate enthusiastically as if selling homes is your business. The last thing you’ll want your buyer to know about your financial strength and weaknesses.

While going through the above-mentioned stages don’t forget to keep yourself educated about the laws related to property dealings. Some laws are universal while there are some that vary from area to area. Google can be very helpful for this.

Tips to choose the suitable executor for your estate planning

1. Choose someone reliable and trustworthy.

2. Go through their past performances.

3. Family dynamics

4. Choose someone ready to take on the responsibilities.

5. Link their relationship with your beneficiaries.

6. Seek Legal Advice

7. Speak with an attorney.

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You’re in better financial shape

You need more space – or less of it

You feel cramped

Finding a new place to belong

Related Posts

How AR Can Be Effectual in Real-Estate

Benefits of AR Real Estate App Development

Some Popular Augmented Reality Real Estate Apps in 2018

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Consider Financing

Consider a Real Estate Agent

Consider the Legal Aspects of Closing

Consider the Future

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