More and more home buyers are using Internet when searching for a home. According to the National Association of Realtor Profile of Home Buyers and Sellers, 77% of home buyers use the web as a resource to buy a house online and there are about half a million websites hawking dream homes.
When it comes to buying your house and finding the best deal on a mortgage loan, the Internet can be a huge help. Today, it is a common practice to find and buy a house online. All major real estate companies, and many smaller regional ones as well, provide their own web sites where potential home buyers can browse available homes at their leisure. These web sites allow home buyers to screen homes based on price, location, number of bedrooms, number of bathrooms and a myriad of other items.
Banks, credit unions and mortgage brokers also allow the potential buyer to get pre-approved for a mortgage. Pre-qualification on a mortgage means the potential buyer will know exactly where he or she stands and how much he or she can borrow before they start the search.
Armed with information like how much home you can afford, it is time to hit the Internet and find the home of your dreams. You can start with the web site of any major national real estate broker. You can either limit your home search to their properties, or you can use their web site as a starting point to search the Multi-Listing Service (MLS).
The internet allows the potential home buyer to limit their search to the amount they can afford. Searches can be further filtered by type of home, number of bedrooms, number of bathrooms, garage space, acreage and a host of other factors. Searches can also be limited to a city, town or ZIP code. The search criteria of real estate web sites is very broad, and this can make searching the internet for a home a real snap.
In addition to searching current homes, the web sites of real estate companies allow interested home buyers to sign up for email alerts. These alerts notify the prospective buyer when a new home comes on the market. You can be assured of being the first to know about a home that fits your specific needs.
In addition to the many web sites run by real estate companies, there are many web sites run by the various for sale by owner companies. More and more homeowners are choosing to forgo the real estate agent, and the real estate commission, in favor of a fixed price system that provides support but allows the homeowner to show and sell their own house. These for sale by owner web sites generally offer the same sort of search criteria as the web sites of the major national real estate firms. A for sale by owner situation can provide an excellent way to buy a home, and working directly with the seller can sometimes provide an excellent benefit.
The latest real estate trend is to buy a house online. No matter what part of the country you live in, or what type of home you are buying, the internet can help you quickly narrow your search and focus your times on the properties that are best suited to your lifestyle and budget. The internet allows you to browse for hours at your leisure, and then print a list of prime properties to investigate either on your own or with the help of your real estate professional.
Jumat, 02 Januari 2009
Selling Property With An Online Estate Agent
The arrival of the Internet has afforded Estate Agents the opportunity to both improve their property selling services and reduce their costs. Estate Agents that take this route and pass on the savings to the home seller are called Online Estate Agents.
Online estate agents usually have fewer offices than traditional high street Estate Agents and offer coverage over a wider area. Local knowledge may be lower than established local Estate Agents whilst their Internet presence (and therefore their ability to sell houses) is generally greater.
If you want to sell your property quickly and economically but still want expert help then Home.co.uk suggest that an Online Estate Agent could be the answer. Our recommended online estate agents are listed below.
Recommended Online Estate Agents:
Hatched - Powerful and low cost property marketing
Housenetwork - Save money with an online agent: great service, lowest fees
Halfapercent - Full service online estate agency. Sales fees start from 0.5% "
HouseSimple - Widest online property marketing with 3 low fee options Online Estate Agents Simply4Property - New fixed-fee online estate agency
HouseRevolution.com - This online estate agent is a relative newcomer.
Brightsale.co.uk - Brightsale claims to be the 'fastest growing online estate agent' but at 0.5% the service is more expensive than most other online estate agencies. Unfortunately they give few details. (home.co.uk)
Online estate agents usually have fewer offices than traditional high street Estate Agents and offer coverage over a wider area. Local knowledge may be lower than established local Estate Agents whilst their Internet presence (and therefore their ability to sell houses) is generally greater.
If you want to sell your property quickly and economically but still want expert help then Home.co.uk suggest that an Online Estate Agent could be the answer. Our recommended online estate agents are listed below.
Recommended Online Estate Agents:
Hatched - Powerful and low cost property marketing
Housenetwork - Save money with an online agent: great service, lowest fees
Halfapercent - Full service online estate agency. Sales fees start from 0.5% "
HouseSimple - Widest online property marketing with 3 low fee options Online Estate Agents Simply4Property - New fixed-fee online estate agency
HouseRevolution.com - This online estate agent is a relative newcomer.
Brightsale.co.uk - Brightsale claims to be the 'fastest growing online estate agent' but at 0.5% the service is more expensive than most other online estate agencies. Unfortunately they give few details. (home.co.uk)
Selling Your Property
Private Property Sales
Selling your home privately not only enables you to save thousands of pounds, it makes sense from a marketing point of view. The Internet offers an enormous advertising medium and we can expose and promote your property to a huge audience of potential buyers.
It used to be difficult to market your property: you were limited to newspaper adverts, for-sale signboards and word-of-mouth. Now there's a host of websites on which you can promote your property sale to anyone with Internet access across the UK and around the world.
Selling via an Online Estate Agent
If you're feeling less confident or simply don't have the time to manage a private property sale then it's probably best to enlist the services of an estate agent to conduct the sale of your property.
When choosing an estate agent one new option is to use an online estate agent. Online estate agents offer similar services to traditional estate agents but generally charge a much lower commission. What's more: they really know how to get your property sold quickly using the power of the Internet.
Selling via a Traditional Estate Agent
Selling a Property at Auction
Property auctions are a very effective way of selling a home quickly. If you simply don't have the time or patience to find a home buyer on the open market a sale at auction may be your best solution.
Selling your home privately not only enables you to save thousands of pounds, it makes sense from a marketing point of view. The Internet offers an enormous advertising medium and we can expose and promote your property to a huge audience of potential buyers.
It used to be difficult to market your property: you were limited to newspaper adverts, for-sale signboards and word-of-mouth. Now there's a host of websites on which you can promote your property sale to anyone with Internet access across the UK and around the world.
Selling via an Online Estate Agent
If you're feeling less confident or simply don't have the time to manage a private property sale then it's probably best to enlist the services of an estate agent to conduct the sale of your property.
When choosing an estate agent one new option is to use an online estate agent. Online estate agents offer similar services to traditional estate agents but generally charge a much lower commission. What's more: they really know how to get your property sold quickly using the power of the Internet.
Selling via a Traditional Estate Agent
Selling a Property at Auction
Property auctions are a very effective way of selling a home quickly. If you simply don't have the time or patience to find a home buyer on the open market a sale at auction may be your best solution.
Real estate, Byggnadsfirma Olov Lindgren invests in Sweden
The group of Stockholm Byggnadsfirma Olov Lindgren has purchased a complex of offices in Stockholm, which covers an area of 2,500 square meters.
The complex was sold by the real property Swedish Fabege, one of the major company in the commercial sector.
The complex was sold by the real property Swedish Fabege, one of the major company in the commercial sector.
Hartlebury Park, Forest Garden becomes the main tenant
The British company Forest Garden has leased an additional area of 7.200 square meters inside the industrial park of Hartlebury, the village in the county of Worcestershire.
The company specializes in the production of timber becomes the principal tenant:
the group indeed have a surface of about 19 thousand square meters, equivalent to 60% more space. (realigro.com)
The company specializes in the production of timber becomes the principal tenant:
the group indeed have a surface of about 19 thousand square meters, equivalent to 60% more space. (realigro.com)
Why don't estate agents just give-up press advertising altogether?
The reason is two-fold:
1. Sellers who use estate agents expect to see their property in the local paper.
The tendency is for them to feel that their estate agent is not doing his job properly unless a picture of their house shows-up in print
However, these homeowners don't appreciate just how ineffective (relative to the Internet) the local paper is as a marketing tool.Because of this, until home sellers become comfortable with not seeing an advert in print, estate agents will have to keep providing them for fear of losing business.
2. All estate agents know that the local press is where most potential sellers research which agents they'll invite for a valuation.
Estate Agents are scared that if they don't have any presence in the local press, they won't be invited by potential sellers to give any valuations.
They will then loose out on the opportunity to convince sellers to become their clients.
Press advertising has little to do with finding buyers so please have no doubt in your mind....One or more of the major Property Portals, a "For Sale" board (& possibly an advert in "Loot") is all you need! (theadvisory.co.uk)
1. Sellers who use estate agents expect to see their property in the local paper.
The tendency is for them to feel that their estate agent is not doing his job properly unless a picture of their house shows-up in print
However, these homeowners don't appreciate just how ineffective (relative to the Internet) the local paper is as a marketing tool.Because of this, until home sellers become comfortable with not seeing an advert in print, estate agents will have to keep providing them for fear of losing business.
2. All estate agents know that the local press is where most potential sellers research which agents they'll invite for a valuation.
Estate Agents are scared that if they don't have any presence in the local press, they won't be invited by potential sellers to give any valuations.
They will then loose out on the opportunity to convince sellers to become their clients.
Press advertising has little to do with finding buyers so please have no doubt in your mind....One or more of the major Property Portals, a "For Sale" board (& possibly an advert in "Loot") is all you need! (theadvisory.co.uk)
What's this got to do with Your Private Sale?
It's import for you to understand why property papers still exist and why you should not feel you're missing out by not advertising within them ("Loot" being the only notable exception).
Estate Agents widely acknowledge that the "Top 5 property portals" and "For Sale" boards (it's not uncommon for anything between 30-50% of buyer enquiries to come from boards) are the most effective marketing tools they can use to attract buyers.
Print advertising is:
- Expensive
- Ineffective
- Often out of date
- Almost resented by many estate agents
In fact, Richard Rawlings (one of the leading marketing consultants for the Estate Agency Industry) believes that 90% of the people reading the local property newspapers are not even looking to buy or sell at that time.
Estate Agents widely acknowledge that the "Top 5 property portals" and "For Sale" boards (it's not uncommon for anything between 30-50% of buyer enquiries to come from boards) are the most effective marketing tools they can use to attract buyers.
Print advertising is:
- Expensive
- Ineffective
- Often out of date
- Almost resented by many estate agents
In fact, Richard Rawlings (one of the leading marketing consultants for the Estate Agency Industry) believes that 90% of the people reading the local property newspapers are not even looking to buy or sell at that time.
What's your most important job when selling a house privately?
Finding buyers!
It's so simple that many private sellers answer this incorrectly.
"Presenting my property well" or "Setting the right price" are the two most common wrong answers I hear.
Granted, these things are important but they are utterly meaningless unless you can find the buyers!
Where Are All the Buyers?
Well, chances are you're in the throws of house hunting at the moment so you probably know the answer to this already.
For the avoidance of doubt:
"The buyers are on the Internet!"
More specifically they are surfing the top 5 property portals:
In March 2006, Rightmove plc was publicly listed on the London Stock Exchange with the three original investors each retaining a significant shareholding).
Unfortunately for the newspaper industry, Rightmove.co.uk is streets ahead of the rest and continues to dominate the house hunting market (they showcase 80% of all UK property that's for sale).
It's so simple that many private sellers answer this incorrectly.
"Presenting my property well" or "Setting the right price" are the two most common wrong answers I hear.
Granted, these things are important but they are utterly meaningless unless you can find the buyers!
Where Are All the Buyers?
Well, chances are you're in the throws of house hunting at the moment so you probably know the answer to this already.
For the avoidance of doubt:
"The buyers are on the Internet!"
More specifically they are surfing the top 5 property portals:
Findaproperty.com:
Is now owned by Associated Newspapers, the publishers of The Daily Mail, The Mail on Sunday, The Evening Standard and Metro.
Propertyfinder.com:
Is now half-owned by News International, the media conglomerate controlled by Rupert Murdoch.
Primelocation.com:
Was bought last year by The Daily Mail & General Holdings.
Fish4homes.co.uk:
Has been developed by four regional newspaper groups - Newsquest Media Group, Northcliffe Newspapers Group Limited, Trinity Mirror plc, Guardian Media Group Regional Newspapers.
Rightmove.co.uk:
Is the only one that doesn't have any involvement with newspapers (instead it was founded by three of the UK's largest estate agency chains - Halifax, Countrywide & Connells.
Propertyfinder.com:
Is now half-owned by News International, the media conglomerate controlled by Rupert Murdoch.
Primelocation.com:
Was bought last year by The Daily Mail & General Holdings.
Fish4homes.co.uk:
Has been developed by four regional newspaper groups - Newsquest Media Group, Northcliffe Newspapers Group Limited, Trinity Mirror plc, Guardian Media Group Regional Newspapers.
Rightmove.co.uk:
Is the only one that doesn't have any involvement with newspapers (instead it was founded by three of the UK's largest estate agency chains - Halifax, Countrywide & Connells.
In March 2006, Rightmove plc was publicly listed on the London Stock Exchange with the three original investors each retaining a significant shareholding).
Unfortunately for the newspaper industry, Rightmove.co.uk is streets ahead of the rest and continues to dominate the house hunting market (they showcase 80% of all UK property that's for sale).
Before Selling Property Know Your Buyers
If you know your buyer's general tastes and preferences, it'll be far easier to pinpoint the improvement projects that will make you money.
Always give the buyers what they want, not what you want!
What buyers want and expect differs from region to region, town to town and street to street. There's no escaping it, you need to do some cold hard research.
Find out:
What common improvements people have made in your area?
What these improved properties sell for?
How much these improvements will cost you to make?
If you watch your local property market closely, no-doubt you already have a good idea of this.
Given a chance, an estate agent will wax lyrical about "ceiling prices" and "buyers tastes" for hours (if he thinks he'll bag you as a client in the not to distant future). (theadvisory.co.uk)
Always give the buyers what they want, not what you want!
What buyers want and expect differs from region to region, town to town and street to street. There's no escaping it, you need to do some cold hard research.
Find out:
What common improvements people have made in your area?
What these improved properties sell for?
How much these improvements will cost you to make?
If you watch your local property market closely, no-doubt you already have a good idea of this.
Given a chance, an estate agent will wax lyrical about "ceiling prices" and "buyers tastes" for hours (if he thinks he'll bag you as a client in the not to distant future). (theadvisory.co.uk)
Adding Real Value Before Selling Property
The Two Key Concepts Behind Adding Value:
Ceiling Prices
A ceiling price is the max price a buyer will spend on a property in your street, before being able to find a similar property for the same money, in a better street.
Location
To make money selling property, it's better to start with the worst property in the best street. Rather than the best property in the worst street.
Ceiling Prices
A ceiling price is the max price a buyer will spend on a property in your street, before being able to find a similar property for the same money, in a better street.
Location
To make money selling property, it's better to start with the worst property in the best street. Rather than the best property in the worst street.
How to Sell Your Property?
When you have a house to sell the worst thing you can do is blindly rush in and:
1. Invite some local estate agents round,
2. Sign-up with the cheapest one (or the one that gives you the highest property valuation),
3. Cross your fingers and hope for the best.
Depending on your personal circumstances you can sell property:
1. Through an Estate Agent
2. Privately
3. By mixing estate agents with your own private efforts
4. At auction
5. Fast to a Specialist Cash Buyer
1. Invite some local estate agents round,
2. Sign-up with the cheapest one (or the one that gives you the highest property valuation),
3. Cross your fingers and hope for the best.
Depending on your personal circumstances you can sell property:
1. Through an Estate Agent
2. Privately
3. By mixing estate agents with your own private efforts
4. At auction
5. Fast to a Specialist Cash Buyer
Buying a home in a tax lien sale
"Every year, $7 (billion) to $10 billion in property taxes go delinquent," says Howard Liggett, executive director of the National Tax Lien Association in Pensacola, Fla., a trade association of investors, tax collectors and service providers involved in tax lien sales. "The subprime mortgage crisis has spiked those numbers. For example, four of the 67 counties in Florida saw spikes of 30 percent to 33 percent in the number of tax liens offered for sale last year."
Homes on the auction block:
Tax collectors in 29 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands use tax lien sales to force owners to pay unpaid property taxes.
"It's a method for people responsible for collecting property taxes to make everyone pay their fair share," says James Hughes, president of SRI Inc. in Indianapolis, who's represented governments in tax lien sales for 20 years. "If there were no enforcement, nobody would pay their property taxes."
The process varies by state, but here's how it generally works: When property owners don't pony up for their property taxes, tax collectors wait the time period required by state law and then put those unpaid property taxes up for auction.
"The time period varies from just a few months to several years," says Hughes. "In Florida, if owners don't pay taxes due in April, tax collectors will sell a lien June 1. In Indiana, it's about 15 months before a property goes to a tax sale." (bankrate.com)
Homes on the auction block:
Tax collectors in 29 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands use tax lien sales to force owners to pay unpaid property taxes.
"It's a method for people responsible for collecting property taxes to make everyone pay their fair share," says James Hughes, president of SRI Inc. in Indianapolis, who's represented governments in tax lien sales for 20 years. "If there were no enforcement, nobody would pay their property taxes."
The process varies by state, but here's how it generally works: When property owners don't pony up for their property taxes, tax collectors wait the time period required by state law and then put those unpaid property taxes up for auction.
"The time period varies from just a few months to several years," says Hughes. "In Florida, if owners don't pay taxes due in April, tax collectors will sell a lien June 1. In Indiana, it's about 15 months before a property goes to a tax sale." (bankrate.com)
Price is Right: How to Sell Your Home Now
It's the worst-case scenario for home sellers: To endure price cut after price cut until their houses become stigmatized and hungry buyers smell blood. But how can you avoid this unpleasant scenario in today's troubled housing markets? The answer, experts suggest, is to put your home on the market at the right price, and if it doesn't sell quickly, cut the price deep and fast, so you won't be caught in a downward spiral of price reductions.
Not surprisingly, few sellers want to hear that advice. They'd rather price their homes aggressively and then hope buyers will take the bait. But testing the market simply isn't a good strategy with home prices depressed, sales at a slower pace in many markets and buyers on the hunt for good deals, says Mark Reitman, Chicago sales manager for real estate brokerage Redfin in Schaumburg, Ill.
Buyers today are "looking at every aspect in so much more detail and trying to find out how they can get a lower price," he says.
The high-and-hope strategy is so ill-advised that some brokers won't accept listings they think are overpriced. Among them is Tony Marriott, an associate broker with Keller Williams Realty Professional Partners in Phoenix. Marriott says he shies away from sellers who aren't realistic or won't commit to an automatic price reduction if no offer has been accepted within a few weeks after the home has been put on the market.
"We go into it with a fairly aggressive discussion upfront, saying, 'We are listing your property to sell the property, not to go fishing,'" he says. "We need to have a game plan in place to take the emotion and hand-wringing out of it."(cnbc.com)
Not surprisingly, few sellers want to hear that advice. They'd rather price their homes aggressively and then hope buyers will take the bait. But testing the market simply isn't a good strategy with home prices depressed, sales at a slower pace in many markets and buyers on the hunt for good deals, says Mark Reitman, Chicago sales manager for real estate brokerage Redfin in Schaumburg, Ill.
Buyers today are "looking at every aspect in so much more detail and trying to find out how they can get a lower price," he says.
The high-and-hope strategy is so ill-advised that some brokers won't accept listings they think are overpriced. Among them is Tony Marriott, an associate broker with Keller Williams Realty Professional Partners in Phoenix. Marriott says he shies away from sellers who aren't realistic or won't commit to an automatic price reduction if no offer has been accepted within a few weeks after the home has been put on the market.
"We go into it with a fairly aggressive discussion upfront, saying, 'We are listing your property to sell the property, not to go fishing,'" he says. "We need to have a game plan in place to take the emotion and hand-wringing out of it."(cnbc.com)
Bali Property, rent, buy or build a Bali Villa, House or Bungalow
Rent, build, own Property in Bali Indonesia
Here we show you property in Bali. From cheap houses and luxury Bali villas to undeveloped land where you can build your own house. Buying real estate in Bali can be an adventure; we can make it comfortable for you. Just mail us for an appointment and we show you our listed properties and explain if needed, the property laws in Indonesia and how they may apply to you. Some houses or villas are for rent too, so you may be able to 'try out' your choice for a while, to see if it fits.If you rather like to start from scratch and want to build you own home in paradise we can show you various real estate that has been build by the architects and contractors we represent. There is beach land or land in the hills and mountains of this tropical island available for you to create your own paradise, in almost every budget. From luxury beachfront villas to a house with rice paddy views or a house in a village.
We don't promise you that you will get rich by owning Bali Real Estate, although some people do very well. Investment, in our eyes, is something you do first of all in yourself. This island gives you the opportunity to own a villa or house at a reasonable price with a good chance on return of investment. We can help you with rentals, with this website or the use of other channels.
If you already own properties in Bali we can assist you in sales and rentals, also if you want to sell your hotel in Bali. For renting, lease, buying and selling we are able to assist.
A tropical home, in a part of Indonesia with friendly people and a colorful Hindu culture, where life and real estate can be cheap, relaxing and very enjoyable.
You can also build your own home in Bali, according to your specifications, in your own taste.(bali-information.com)
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