How to Maximize Your Selling Potential During Winter

gouSome say winter is the worst time to sell a home. Given the cold and stormy weather we have been experiencing, there are definitely challenges, but don’t be discouraged. First impressions and lasting impressions are key to progress potential buyers into active buyers. Be very wary as the slightest discomfort or issue can sour this experience and turn a buyer away from your home, but by addressing a few key areas, any winter woes can be easily avoided.

Here are five simple tips to maximize the showing potential of your home during the winter months.

1. Don’t Let Winter be an Obstacle

It’s storming or just post-storm, but you have showings booked for your home. (You must have motivated buyers to go out in that weather!) Don’t make it even more of a chore for them, be sure to shovel your drive or walkway so that the first impression is a clean and accessible entry. Buyers have been known to turn away, rather than hike to the doorway in knee deep snow and risk snow in their shoes, wet pants, and wet socks.

What Key Elements of the Home will Increase Resale Value

fjkllResale value is now always considered when a potential buyer is deciding upon a home to purchase. The ongoing debate is always – where is one’s money best spent to increase the value of the home? Budgets play a big part in a renovation and I see too many “all-in” renovations… In other words, homeowners blow their entire budget on one room and neglect the rest of the home. At “for sale” time this can leave a bad taste in a purchaser’s mouth, mainly due to the renovation of the one room having dated the rest of the home even more so. Unless you have an unlimited budget, here are some helpful do’s and don’ts that should assist you when coming to the renovation decision.

  1. Never…ever…proceed with a cosmetic renovation when there are structural or plumbing/electrical issues with the home. I know these aren’t sexy fixes but they should always be a priority when doing renovations. Let’s face it, there is nothing worse than redoing your master en suite and then having a roof failure and water damage to the ceiling etc. I’m sure you have heard of

The Inside Scoop on the Best Season to Sell Your Home

ggdukluyCommon belief has held that the best time to sell a home is in the spring, and the best time to buy is in the fall. Although there is merit to this argument, not everything can be so definitive and concrete. There are so many variables at play that all must be weighed before jumping into the real estate ring.

1. The Best Time to Sell

Spring is most commonly believed to be the best time to sell. It’s the most agreeable weather for showings, most people want to get settled before summer, it’s easiest logistically for moving (who wants to move boxes and furniture through snow?), provides longer days and daylight, avoids the school season and shifting schools mid year for kids, and shows off the landscaping and gardens. However, this is also statistically the time with the most competing sellers on the market. This will affect you most if your home is one of many identical houses in a subdivision. Consider professional staging as a way to make your home stand out if forced to sell in this high-competition season.

2. The

Not all Renters Insurance Policies are Created Equally

Leaseholders protection approaches come in shifting sizes and shapes, and can be packaged with different inclusions trying to give a superior rate. Be that as it may, lumping tenants protection with auto strategies and/or different sorts of scope may cost occupants more over the long haul, or even compel coincidental cancelations. That doesn’t look good for property administrators who are tasked with keeping up congruity of protected inhabitants.

Jay Stoltz, Director of Market Development for LeasingDesk Insurance, says leaseholders need to inspect packaged inclusions intently to figure out whether a strategy is giving satisfactory scope. Different protection items, when packaged, can be liable to premium treks or cancelations, in view of cases recorded.

Securing with a different tenants protection arrangement, similar to LeasingDesk’seRenterPlan, will minimize the danger of higher premiums or cancelation connected with cases for packaged scope, says Stoltz.

An industry-particular leaseholder’s protection arrangement covers the bases

There are various focal points that an industry-particular leaseholders protection arrangement offers tenants and property chiefs over packaged insurance or when all is said in done, Stoltz says. LeasingDesk has since quite a while ago gave programs created by multifamily experts and protection specialists who comprehend

Shared Student Accommodation – Five Mistakes to Avoid at All Costs When Settling In

Settling into student accommodation almost always tends to be a rather different experience than expected. Those who expect an easy ride often encounter a surprising number of challenges, while those who are fundamentally terrified by the prospect find things exponentially easier that they feared. In all instances however, it’s the classic case of expecting the unexpected and to some extent being prepared for anything.

According to the experts in student accommodation in Exeter, preparation really is the key to success when it comes to settling in with other students.  What’s important to remember above everything else is the way in which each and every person within the household will be going through exactly the same process at exactly the same time and will undoubtedly have the same fears, concerns and expectations. Acknowledging and understanding this can in its own right make things a lot easier, but at the same time there are various ways and means by which the process can be both smoothed over and made more difficult than it needs to be.

So to take something of an alternative view on the subject for a moment, what follows is a quick introduction to five mistakes new students should avoid at

Tips for Finding a Rental Property in the Philippines

Whether you plan on moving to the Philippines permanently or just temporarily for your job, you will need to decide where to live. If you are coming from the United States, you will be able to live pretty well on about $1,000 to $1,200 per month, so you should be able to find a decent place to live. Here are some tips for looking for a rental in the Philippines.

Is Renting the Best Option?

When you are looking for a place to live in the Philippines, renting may be your best option. Foreigners are not allowed to own property in the Philippines. You can buy a place to live, but you will only own the building and not the land. So, renting an apartment, house or condo may be your best option.

Hire a Local Agent

When you’re looking for a rental property, you can check online ads and the newspapers, but you should also consider hiring a local real estate agent to help you find a decent place. If you are unfamiliar with the city you are moving to, a local agent can help you steer clear of problem areas. Every city, no matter what country it is in, has a high

Your personality helps predict your real estate choices

Do you consider yourself a conscientious person? Then sign up for a fixed-rate mortgage. Neurotic? You’ll probably opt for home ownership over renting.

According to a new study published in the Journal of Behavioral and Experimental Economics, personality traits are strong indicators of real-estate decisions. The research, by Dr. Danny Ben-Shahar of Tel Aviv University’s Faculty of Management and doctoral candidate Roni Golan of the Technion Institute of Technology, finds a correlation between personality and individual real estate choices, and a follow-up study by the same team finds an identical link between local personality types in America and statewide real estate trends.

“This research falls within the scope of a much larger discussion in the social sciences in general, and in economics in particular, about what constitutes decision-making: the rational view versus that affected by emotional and cognitive biases,” said Dr. Ben-Shahar. “My work shows that people in the real estate framework act ‘irrationally,’ as economists say, and not according to traditional economic assumptions.”

The “Big Five” and home ownership

In their first study, the researchers administered a widely-used personality assessment test called the “Big Five” to a diverse sample of 1,138 respondents. The test asks takers to rate themselves on

How Short Sales Work

The year was 2007. The U.S. stock market continued its record-breaking uphill climb. Unemployment was at a six-year low. And home prices across America were surging ever higher. In the hottest real estate markets, house “flipping” was all the rage. Despite high interest rates on mortgages, investors bought up single-family homes, apartments and townhouses and sold them within months for a hefty profit.

In the mad rush to cash in on the real estate boom, millions of Americans signed mortgages they couldn’t afford, often encouraged by unscrupulous lenders. The logic was tempting: “Don’t worry that your mortgage rate will double in two years, because you will sell this place in less than one.” In the golden haze of 2007, that argument made sense. If only we could have predicted what happened next.

When the real estate market imploded in 2008, home values plummeted. Suddenly, the investment home you bought for $500,000 at the peak of the housing boom was worth only $250,000. Even if you could find a buyer at $250,000, you would still owe another $250,000 to yourmortgage lender. That’s called beingunderwater or upside down, when the balance on your mortgage is higher than the

Dennis Mahafkey Real Estate Consultant

Real estate agent, Dennis Mahafkey, in 1974, attended Indiana University of Pennsylvania where he earned his Bachelor of Science degree in Business Administration. Presently, Dennis Mahafkey continually participates in seminars and courses alike, which involve real estate topics, which keeps him ahead of the game and current in property trends and programs. Things are ever changing and he makes it priority to keep himself up-to-date on all real estate trends, which is what truly sets him apart from other realtors. He, in addition, believes that continuing education helps to better serve his customers, an area which he prioritizes-his customers.

For numerous years, Dennis Mahafkey has been providing above par service to sellers and buyers in Northern Virginia. Since 1981, Dennis Mahafkey has served clients as a Senior Real Estate consultant and he is also founder of Your Find Homes Team. Dennis Mahafkey assists buyers in choosing homes that best fit their needs and assists sellers in attaining the maximum prices for their properties, taking market conditions into account as well. As a Certified Buyer Representative and a holder of a Graduate Residential Institute designation, Dennis Mahafkey offers credentials that indicate he has completed in-depth courses in real estate. Currently, Mahafkey and

Does Staging Sell Real Estate

There is something to be said about a neat and tidy house when you are sorting through house after house looking for the perfect home for you and your family. This is something that should be kept in mind when selling either a personal home or an investment property. There are a few other things you should keep in mind when it comes to selling real estate. One of those things is that staging sells homes.

Seriously, there is something cold about an empty house. It could be painted impeccably and meet every possible standard a family has and yet feel cold and anything but homey when walking through the home for a real estate tour or inspection. This can be easily overcome by contacting a local furniture rental store and picking out furniture that will match at least the primary rooms of the home in order to make the home appear leaved in and homelike.

The primary rooms that you will want to appear ‘lived in’ are the living room, dining room, master bedroom, and all bathrooms. These are the rooms that essentially sell homes and it is important to make them appear neat, orderly, and well cared for. If you

Which Are The Top Localities For Property Investment in Ahmedabad

Being one of the fastest growing cities, Ahmedabad has carved a niche for itself for being a city that is witnessing a rapid developments. Following are some of most preferred localities for buying properties in Ahmedabad.

Satellite

Being a rather more expensive locality due to its seamless connectivity and proximity to commercial hubs like Prahlad Nagar, Satellite has regained its mark for being the second most preferred locality for investing in apartments in Ahmedabad. According to current market trends, a flat for sale here is estimated to hover anywhere between Rs 4,700 and Rs 5,900 per square feet depending on the amenities and facilities that are being offered by the builder.

Great connectivity is one of the major elements that have flourished Satellite’s realty sector. Networking to arterial roads like 132 feet Ring Road and the SG (Sarkhej-Gandhinagar) Highway have pushed property prices to soar. Its proximity to the Vastrapur Railway Station (3 km) and Ahmedabad Railway Station (9 km) have lured many home buyers here.

Bopal

 

Bopal and South Bopal are two neighbourhoods that top the preferred list thanks to its affordable prices. Despite being situated in the outskirts, the localities are well connected to

How Will You Choose Your Ideal Retirement Village

Are you supposed to take retirement from your work shortly? We understand that after a hectic professional life you need a peaceful retired life. Therefore, it is best if you could find a retirement village that will be perfectly attuned with your taste and preferences.

However, as the concept of Retirement Villages is completely new so you might find it difficult to streamline the pointers that will help you in selecting the ideal Retirement Villages Surrey, Canberra or the destination that you prefer. Here are some tips for you that will come in handy. Watch them out.

Make a list of things you would like to do

 

The most important factor that determines the choice of your ideal retirement site happens to be the list of things you plan to do after your retirements. For instance, you might love to reinvest your time in fishing after your retirement. A well equipped library in the nearby vicinity might serve as your favorite activity from retirement onwards. Therefore, in case you do not make this list you might land into a place which neither has a good library nor has any option for fishing. Similarly, some

Advantages of Living in an Integrated Township

Just imagine… you are staying in a residential area with regular power cuts, alternate day water supply, lack of transportation facilities, no entertainment facilities, no commercial complexes in proximity – how would your life be? Would you love this standard of lifestyle?

Now, imagine a self sustained township… modern living with all amenities… vast open spaces with landscapes… greenery all around, wide roads, swimming pools, gym, hi-tech security systems, playground for kids all within the township – How about such easier and luxurious life style? Won’t you love it?

Townships – A City Within A City!

Elevating income level, easy housing loan and improved lifestyle has promoted township development in India. Townships are now developed to offer its residences better standard and convenient living as well as to put an end to the housing shortage. They give a feeling of living in the countryside, but with all the benefits of living in a city. (http://www.ashokarealty.in/valley-of-flowers.html)

“These sustainable urban residential solutions give people a convenient and enjoyable living space in an eco-friendly environment. Distance from the city allows its residents to stay away from traffic, pollution and congestion. Due to the nature of these large

Advantages of Living in an Integrated Township

Just imagine… you are staying in a residential area with regular power cuts, alternate day water supply, lack of transportation facilities, no entertainment facilities, no commercial complexes in proximity – how would your life be? Would you love this standard of lifestyle?

Now, imagine a self sustained township… modern living with all amenities… vast open spaces with landscapes… greenery all around, wide roads, swimming pools, gym, hi-tech security systems, playground for kids all within the township – How about such easier and luxurious life style? Won’t you love it?

Townships – A City Within A City!

Elevating income level, easy housing loan and improved lifestyle has promoted township development in India. Townships are now developed to offer its residences better standard and convenient living as well as to put an end to the housing shortage. They give a feeling of living in the countryside, but with all the benefits of living in a city. (http://www.ashokarealty.in/valley-of-flowers.html)

“These sustainable urban residential solutions give people a convenient and enjoyable living space in an eco-friendly environment. Distance from the city allows its residents to stay away from traffic, pollution and congestion. Due to the nature of these large

Top Two Residential Micro Markets In Pune

Tier II cities are picking up pace in terms of real estate. This is because there are major developments which are happening in these tier II cities. They are becoming employment generators and the infrastructure there is catching up with their tier I counterparts. Pune is a prime example of a tier II city which can give a tier I city a run for its money. Pune has good infrastructure and is well connected to most parts of the country. It is a cosmopolitan city which has attracted the Information Technology sector. Most of the important players in that industry have their bases in Pune. The city is also a hub for the manufacturing sector. This is one of the main drivers for the growth of real estate in Pune and why apartments for sale in Pune are in demand.

Pune is a market which has covers all budget ranges. Mid segment housing and even high end projects are present in plenty in this market. Pune is also considered to be a good destination for those who are looking for a home to live out their golden years in. The city has good health care facilities and

Successful real estate investors have 5 key characteristics

Pick up any two real estate investing books and chances are you will get slightly similar, yet still differing opinions on what steps an investor should take if they want to be successful. One of the benefits of having served on the boards of two different real estate investor associations and had inter-action with hundreds of investors, I can tell you that there is no definitive list of characteristics, no magic list of steps to take and there certainly are no “pillars” or “magic bullets” to use to achieve success. What I can tell you is that the same characteristics that make anyone successful in their endeavors also apply to real estate investors.

However, there are a few characteristics that seem to apply almost universally to real estate investors who have been able to find success. More importantly, when investors fail (for various reasons) they almost always were missing one of these characteristics. If someone wants to be successful in real estate investing these are 5 characteristics that all must exhibit on some level.

The 5 C’s of Successful Real Estate Investing

Competence of Subject

It would seem to be a given that someone striving for success in any business or investment

Why You Need Separate Websites For Each Real Estate Investing Lead

Using the internet gives us the ability to laser target our marketing to the exact people we are trying to promote our products and services to. That is why it’s ideal to create separate websites for each aspect of your business.

With the exception of the few, it’s not likely that your buyers will also be lenders and your lenders will also sellers, and so on…

So there’s absolutely no reason to send potential private lenders to a website that has information about you wanting to buy discounted properties or for sellers to see your recently contracted properties listed for sale.

What you want to do is have one website dedicated to the type of visitors you are trying to attract.

There is another HUGE benefit to keeping your websites separate. Once you figure out which “search term” is bringing you the most or best quality leads, you will want to focus all your on‐site and off‐site search engine optimization efforts to get your site ranking well for that specific word or set of words.

It’s much easier to optimize a website for one or two specific keyword search terms than it is for a group of related terms. So keeping your websites

How Canadian investors are taking over Manhattan

Canadians are invading Manhattan.

The country’s largest real estate investors have bought a record $3.85 billion in property this year in the New York city borough and spent more than any other foreign country in the last decade, according to data from Real Capital Analytics Inc.

The purchases by Canadian investors such as pension funds, insurers and asset managers are double the $1.97 billion bought in 2014 and have surpassed the previous peak of $2 billion in 2007. The investments include the headquarters of 21st Century Fox and Hudson Yards, the biggest private real estate development in U.S. history.

All dollar figures Canadian, except where indicated as U.S.

“Canadian investors — pension funds, private equity — are sitting on a pile of wealth that needs to be invested,” Jim Costello, senior vice-president of New York-based Real Capital, said in a telephone interview. They turn to Manhattan despite the high cost and competition because “there’s an understanding that there’s always somebody who wants to buy an asset in New York.”

Tech challenged commercial real estate industry ignoring valuable data

A Canadian information technology firm estimates that nearly one-third of the world’s commercial real estate industry is using archaic and error-prone spreadsheets to manage property portfolios potentially worth $11 trillion.

Altus Group came up with its figures after surveying more than 300 international executives in the commercial real estate industry to come up with its findings.

Its study also suggests that commercial real estate industry is under-investing in information technology relative to other industries such as financial services and health-care, choosing instead to pile more money into the assets themselves.

Altus Group CEO Bob Courteau says the lack of IT infrastructure investment means the industry is missing out on valuable insights that could be gleaned through data analysis.

Courteau says such analysis can’t be performed because much of the information exists in “data silos” — meaning data that is gathered by various departments is stored in different formats, making it difficult if not impossible to aggregate.

The Altus Group research could have important implications for Canadian companies, which are

Some thing old something new

Architect and condo developer Gary Switzer sees a bright future for Yonge St. in its neglected past.

Switzer has a “personal passion” for restoring neglected old buildings and incorporating them into modern condo projects. That’s why the company he founded in 2009, MOD Developments, is now spending tens of millions — he refuses to say exactly how much — on two major restorations: the 110-year-old Bank of Commerce building on Yonge St. north of Queen St., and a retail revival at Yonge and St. Joseph St.

The bank, which had been vacant since 1987, will form the elegant, mosaic-tiled new lobby of the 60-storey, 699-unit Massey Tower project.

But the real poster project for how condo development, when done right, can revive whole neighbourhoods is MOD’s Five Condos at Yonge and St. Joseph St., just south of Wellesley St.

There, as at Massey Tower, MOD has enlisted heritage specialists ERA Architects. They have rebuilt and restored the facade of the mammoth 1905 Rawlinson Cartage warehouse that now forms the base of the almost completed

Foreign investors looking at Montreal and Saskatoon real estate

A new report on real estate trends says foreign investors may start looking beyond Toronto and Vancouver and begin targeting markets in Montreal and Saskatoon in the coming year.

The report by PwC Canada and the Urban Land Institute says both foreign and domestic real estate investment will shift in 2016 from Western Canada, where falling oil prices are hurting growth, to the east, where the low loonie is boosting manufacturing.

Vancouver is the notable exception, rising to first place as the country’s must-watch real estate market. Money is also expected to continue to flow into the Toronto market, the country’s largest.

PwC says Calgary and Edmonton were, until recently, among the most country’s most promising real estate markets. However, as the price of crude has plummeted and investment in the oilpatch has dried up, both residential and commercial properties in the region have stopped switching hands as owners take a wait-and-see approach.

Meanwhile, real estate markets in Ontario and Quebec — home to the bulk of the country’s manufacturing sector — are poised

How turbulence in Chinas stock market could boost Canadian luxury homes

Sotheby’s International Realty Canada says turbulence on the Chinese stock market could send buyers from mainland China flocking to Canadian luxury real estate this fall.

The realtor predicts that sales of homes worth over $1 million will rise in Toronto and Vancouver, while Montreal’s luxury market should be balanced and Calgary’s will slow due to the effects of declining crude prices.

Sotheby’s says sales gains are expected to be highest in the over $4 million category in the Toronto and Vancouver areas this fall, although higher sales volumes are expected in the $1 million to $4 million range, as well.

The realtor lists increased demand from international investors alongside limited inventory, historically low interest rates and heightened consumer confidence as the factors expected to fuel sales growth in Canada’s two hottest real estate markets.

In Calgary — where the luxury real estate market turned down in the first half of the year due to lower oil prices and a dip in consumer confidence — sales likely will continue to decline.