eRealEstatePro.com: Real Estate Guide eRealEstatePro.com: Real Estate Guide https://www.erealestatepro.com/real_estate_guide/ Copyright by eRealEstatePro.com en eRealEstatePro.com Sun, 05 Dec 2021 15:32:00 -0500 The Biggest reason Why You Should Never Put Coffee Grounds Down the Sink It is easy to understand why you would put coffee grounds down your sink. They are fine particles and appear to move easily with water. That means they will flow through the pipes without any issue and disappear.

However, the truth is that coffee grounds should never be put down the sink, read on to discover why and avoid the need to call your friendly Sydney plumber.

They Cause Clogs

Have you ever opened the lid of your coffee machine after it has finished making you a cup of your favourite brew? If you have you’ll notice that the coffee grounds are damp and they stick together.

If you’re not convinced, remove the cage that holds the coffee grounds and turn it upside down over your bin. Some of the coffee grounds will drop out. But, without banging the container, the majority of them will stay in the cage.

This is what it is like as they move through your waste pipes. Some move through freely. But, the majority of the coffee grounds get left behind by the water. They then clump together and gradually create a clog.

Your drain will work slower and ultimately not work at all. You’ll then need to spend time unclogging the pipes, this can be by removing the trap under the sink or by using a drain auger in the pipes.

Instead of flushing the coffee grounds down the sink, you’ll find there are a number of environmental uses for them, such as for fertilizing plants and keeping pests away.

Damage to The Pipes

What may surprise you is that coffee grounds are actually too small to be swept away with the water. This means that many of them sit in the pipes. They will collect together. However, if this is not in sufficient quantity to cause a clog, you may not realize they are doing it.

Coffee grounds get packed together and exert pressure on the walls of your pipes. Over time this will cause damage to the inside of the pipe and you’ll find the pipes wear out much quicker than they should.

In short, you’ll be developing leaks in your waste pipes that need to be quickly sorted.

Of course, if the build-up and damage occur in your sewer line you may need to dig up a section of your yard to replace the damaged pipe. That is not a pleasant thought and a surprisingly expensive and time-consuming exercise.

Additional Thoughts

It should be noted that this applies to all drains. Just because the toilet drain is wider doesn’t mean that it is better at eliminating coffee grounds. It simply means that it will be longer before you realize there is an issue.

It’s much better to use the coffee grounds for something else, there are plenty of potential applications. But, if you do have a clog and you suspect coffee grounds are contributing to it, you should call a professional plumber. They can eliminate the clog and check your pipes to ensure there is no damage or impending issue.

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Guide https://www.erealestatepro.com/real_estate_guide/the-biggest-reason-why-you-should-never-put-coffee-grounds-down-the-sink-1189.shtml https://www.erealestatepro.com/real_estate_guide/the-biggest-reason-why-you-should-never-put-coffee-grounds-down-the-sink-1189.shtml Editor Fri, 03 Dec 2021 11:54:58 -0500
Understanding How Dangerous Old Electrical Wiring Really Is Electricity is carried through your home in wires. In a modern system, there will be three wires per circuit, that’s a live wire, neutral, and earth. In general the live is red, the neutral black, and the earth green and yellow.

Of course, there can be additional cables on some circuits and older circuits may use different colours. But, the basic premise remains the same, a standard circuit has a live wire, neutral, and earth.

The fact that modern electrics are a different colour makes it easier to identify old electrical installations. If you have one then you should contact a reputable Sydney electrician to talk about getting them replaced.

The simple fact is that most wires are hidden, making it harder to tell how old your wiring is. But, you need to check as old wiring is dangerous for several reasons.

Fire Risk

One of the biggest issues facing homeowners with old electrical wiring is fire. Electrical wires are generally made of copper and wrapped in a PVC jacket. This gives good conductivity and the jacket protects the wires from touching each other.

Spacing of the cables is also important to avoid issues with heat build-up.

However, the protective jacket will perish over time, this means the bare copper wires are exposed. They get hot when in use and can cause flammable substances near them to burst into flames. 

Equally, the exposed wires can touch each other, creating a short circuit. This creates a spark and excess heat, again increasing the possibility of a fire.

You should note that modern wiring can also be damaged by pests, such as rodents, and cause the same issue. That is why it is so important to have your wiring checked regularly.

Electric Shocks

Because the outer sheath can be damaged and remove the protection the wires can cross each other creating a spark that, as mentioned, can cause a fire.

But, this spark can also travel along the wiring and may give you an electric shock. In severe cases, an electric shock can kill you, but it is never a pleasant experience.

Power Outages

Short circuits can cause the circuit breaker to trip, effectively cutting the power. Turning the breaker back on may resolve the issue but it may simply keep happening.

Alongside this, it is important to note that many homes now have a much higher draw for power. This is because an increasing number of appliances are more powerful, even if they are more efficient.

The result is excess current in old wiring which simply can’t handle it.

At best the overload will shut down the circuit. The worst-case scenario is the overload causes excess heat and starts a fire.

While nobody wants the expense of rewiring, this is substantially cheaper and less stressful than rebuilding your home. The best approach is to have regular electrical inspections. This will help you prepare financially and mentally for any issue with your electrics and take prompt action to resolve it.

Electricity is considered essential, but it is also very dangerous.

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Guide https://www.erealestatepro.com/real_estate_guide/understanding-how-dangerous-old-electrical-wiring-really-is-1188.shtml https://www.erealestatepro.com/real_estate_guide/understanding-how-dangerous-old-electrical-wiring-really-is-1188.shtml Editor Fri, 03 Dec 2021 11:53:27 -0500
Best Techniques To Locate A Leak In An Underground Pipe There are a variety of pipes connected to your home that you probably don’t spend a lot of time thinking about. The two that have the potential to cause you the most issues are the water pipe and the sewer line.

It’s worth noting that you are responsible for the sewer line up to where it meets the main drain, usually at the edge of your property. In contrast, you are only responsible for the water pipes after the meter. This can be in the street or in your home.

If you are responsible for the pipe and you realize you have a leak you need to have an effective technique to locate the leak and then fix it.

Invest In A Drain Camera

The first thing you need to do is find a good quality drain camera for sale and buy it. This is something that you can use several times a year to keep an eye on the condition of your sewer lines. The drain camera is fed into your sewer line and stays connected to a screen that you keep next to you. It allows you to look at the walls of the pipe, spot clogs, and even find breakages in the pipe.

Not only does the drain camera help you to locate the issue, but it will also give you a measurement regarding how far it has travelled. This will help you to identify exactly where the issue is and minimize the disruption involved in removing and replacing a section of pipe.

If you are looking for a leak in your sewer pipe and one doesn’t appear to be obvious you may find it beneficial to pour water down the pipes and watch where it goes on the camera.

Thermal Imaging

Thermal imaging cameras can also be a useful way to test for leaks, especially if you are looking at leaks under your home and on the supply pipe. These types of leaks can be very hard to find.

A thermal imaging camera can be held above the surface and will map the temperatures below the ground. It should help to highlight any water pockets and large amounts of moisture. You’ll then be able to target a repair, minimizing the disruption caused and without using destructive testing techniques.

Gas

Another option, but one that is generally best left to the professionals, is to use gas. The pipes are charged with nitrogen gas. This type is chosen because it is inert and presents no danger to you or the pipes.

Once the pipes are charged a probe is pushed into the ground and the technician listens via headphones using an amplifier. This allows them to hear the hissing sound made as the gas escapes from the pipes.

They will keep moving the probe until they find the issue and then you can discuss the best repair options.

Again, this means the repair is less destructive than it could be.

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Guide https://www.erealestatepro.com/real_estate_guide/best-techniques-to-locate-a-leak-in-an-underground-pipe-1187.shtml https://www.erealestatepro.com/real_estate_guide/best-techniques-to-locate-a-leak-in-an-underground-pipe-1187.shtml Editor Thu, 02 Dec 2021 05:01:53 -0500
What Type Of Door Is Best For Security? Your front door is generally considered to be a statement. It tells visitors about the style of your home and gives them a peek into your style. Some people like doors full of glass, allowing light in. Others prefer a solid door that guarantees privacy.

But, whatever option you choose, the one thing you really need to consider when choosing a door is which is the best type for security?

Certain doors are better suited to security than others. But, before you look at what is available, it’s a good idea to make sure you are using a reputable supplier, such as Parkwood doors. This will help to ensure that any door you pick is high quality.

Steel Doors

There is little doubt that steel is the ultimate door for security. A solid steel door is almost impossible to breakthrough. It is also fire resistant. The great news is that a steel door doesn’t have to look like a steel door! It can be coated in any material you like, to create a wooden effect or look like a PVC door. The difference is that the core part of the door is pure steel. That’s not something your average burglar will get through.

Technically, the wooden coated steel door is a steel core with a wood exterior. It offers the benefits of steel but is more aesthetically pleasing.

Solid Wood

Solid wood doors are a viable option if you want something that is a little cheaper than solid steel. They can be made out of a variety of different hardwoods. Mahogany is generally considered to be one of the best options as it is a very tough wood.

While it is possible to get through a solid wood door, it is not easy and your neighbours are likely to be alerted.

PVC Doors

PVC doors are some of the most affordable on the market as they are a good balance between affordability and security. Your average PVC door isn’t that strong, a blow from an axe can do a serious amount of damage. But, it is a good general security door and is effective against your average burglar.

Steel & Mesh

Technically the steel and mesh door is an outer door, you will still have a standard front door. The steel and mesh door is a steel frame with solid metal mesh covering the gaps. It is generally fitted outside your front door. The idea is you can let air and light into your home with your inner front door open but you will still have security.

This type of outer door offers protection and ensures you can look at who is outside without having to let them in.

Locks

Before you make a final decision regarding your door you need to remember that no matter how tough a door is, it is only as good as its weakest point. In most cases, this is the locking mechanism and you need to make sure you have a high-grade lock. This may be an insurance requirement, it should certainly be something you want to see on your own front door.

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Guide https://www.erealestatepro.com/real_estate_guide/what-type-of-door-is-best-for-security-1186.shtml https://www.erealestatepro.com/real_estate_guide/what-type-of-door-is-best-for-security-1186.shtml Editor Wed, 01 Dec 2021 02:41:34 -0500
The Most Common Fall Pests You Need To Know About Summer is a beautiful time with long evenings that feel like they will last forever. Sadly, they don’t and, all too soon, fall arrives, the temperature starts to drop, and your local pests are looking for a warmer place to live.

That’s right, your home represents the perfect spot. It offers warmth, water, and even food. A crumb can go a long way when you’re mouse-sized.

It’s a good idea to get your local pest control company to check your home before the fall starts. They can identify pests that have already moved in and deal with them. They can also help you to locate entry points and seal them up.

It’s worth getting them in, check out here where your closest one is.

Of course, it still benefits to know which pests you may be dealing with.

Spiders

Spiders generally live in your house throughout the year. It offers warmth in the fall, coolness in the summer, and most importantly, a dark space to hide and trap food.

In general, spiders won’t bother you. However, they do come out of hiding in the fall to look for a mate. The female will then make a web and lay their eggs.

Rodents

Rodents are one of the biggest issues in the fall. This is when they are looking for somewhere warmer to stay for the winter. However, rodents are known to carry an array of diseases, making them a very undesirable addition to your home.

Alongside this, they can chew through wires and other building materials, causing safety issues in your home. Rodents are generally very agile and can enter your home from a variety of directions. You’ll need to make sure everything is sealed up.

Stink Bugs

Stink bugs are never a welcome addition to your home. They won’t actually harm you and they are unlikely to damage your home. But, they do come inside to seek warmth and they will multiply rapidly. Worse, every time you threaten or squish one they will leave an obnoxious odour behind.

A lot of stink bugs means a lot of bad smells.

Flies

Most people see flies as a summer nuisance. It is certainly true that they hibernate for the winter and wake up again when the weather warms up. That means you’ll either find sluggish flies or you’ll find evidence of them sleeping and perhaps dormant eggs.

It’s important to eliminate these during the winter months to avoid a plague of flies waking inside your home in the spring.

Box Elder Bugs

These bugs are very similar to stink bugs and come inside for the same reason. They are generally a nuisance more than a health hazard but it still isn’t something you want in your home. After all, these pests don’t pay rent!

If you think you have an issue then take prompt action. The quicker you deal with these pests the easier it is to eliminate them instead of letting their numbers build.

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Guide https://www.erealestatepro.com/real_estate_guide/the-most-common-fall-pests-you-need-to-know-about-1185.shtml https://www.erealestatepro.com/real_estate_guide/the-most-common-fall-pests-you-need-to-know-about-1185.shtml Editor Fri, 19 Nov 2021 02:20:54 -0500
Top Landlord Mistakes that Kill Profit

Real estate is a highly profitable investment opportunity, but you can just as quickly lose a lot of money if you don't know what you're doing. After crunching the numbers, you might find that your actual profit is a far cry from what you expected.

This article will give you the lowdown on the top landlord mistakes that kill profit. So read till the end to find out if you're guilty of any. Or if you would like to know what common errors to avoid before entering the business.

  • Investing in a Bad Location

One of the most significant determinants of whether or not your real estate business will succeed is your location. Profits in the rental industry are all about a prime location, and if your property is sitting on the right spot, half the equation is complete. On the flip side, your business will suffer if your units are in a significantly less desirable area.

In a city, rent usually varies from one municipality to the other. And the landlords in highbrow areas with lower crime rates generally rack in a higher profit margin. But then again, taxes in certain municipalities can be a significant addition to your expenses. Besides, you don't necessarily have to invest in the most expensive neighborhood to make a decent return. If you're planning to invest in a vacation rental, look for places close to major tourist attractions. Semi-furnished apartments do well in areas with a younger population like universities. Furthermore, rentals close to amenities such as pharmacies, restaurants, parks, and schools are always a hot spot.

Take your time to evaluate your options before investing in a location carefully. If you're not familiar with the general area, lean on the expertise of a local real estate agent.

  • Miscalculating your expenses

Another pitfall landlords often fall into is miscalculating their expenses. Many people struggle with math, especially when you have to consider so many incoming and outgoing payments. But it's an essential part of keeping your books stay in the green.

Many landlords fall prey to underestimating the cost of maintenance and repairs. We usually expect things to go our way, so many property owners are guilty of dipping into their emergency funds. The downside of such a habit is that it leaves you strapped for cash when you have a mold infestation, need to get your roof redone, or fix another mishap. Although it's hard to come up with an exact figure of how much you'll need for repairs from one month to the next, there are methods you can use to arrive at an estimate.

In addition to underestimating maintenance costs, new landlords could make the mistake of charging too much rent. This choice is often to quickly recoup their investments in the property, cosmetic changes, and other upgrades. But real estate is a long-term commitment, and you require patience to reap the benefits. Instead of chasing away potential tenants with exorbitant figures, find out what similar rental types in the area are charging. Moreso, you don't have to commit to making upgrades all at once. It would be best if you took the time to evaluate the expected ROI, then go ahead when your finances can cover it.

  • Inadequately Screening Potential Tenants

Managing difficult tenants is one of the most significant challenges that come with being a landlord. When humans mix, misunderstandings, and disagreements are inevitable, so having one or two tasking encounters is an occupational hazard. However, you can save yourself a lot of trouble and money by thoroughly screening potential tenants.

Many landlords, especially the new ones, are eager to let out their spaces and rent the first month. But skipping the due process could be inviting trouble. A thorough tenant screening allows you to ensure that the person you're allowing to live on your property is a responsible adult. The last thing you want is the government locking up your apartment because you failed to realize your tenant is a notorious drug fiend.

Not only should you run their criminal background, but you should also perform a credit check. Nobody likes dealing with a tenant who can't pay rent. A tenant screening checklist can be a helpful tool, so you don't forget crucial things like employment history, migration status, and previous landlord references.

Other common mistakes worth mentioning are:

  • Neglecting proper documentation.
  • Not addressing maintenance issues on time.
  • Disregarding the importance of routine inspections.
  • Failing to adhere to real estate laws.

Conclusion

Being a landlord is a challenging task with plenty of room for error. But the good news is that since real estate is a relatively stable industry, you can learn and implement new strategies to improve your business. You could consult a professional property management to avoid costly mistakes, limit your risks, and maximize profits.

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Guide https://www.erealestatepro.com/real_estate_guide/top-landlord-mistakes-that-kill-profit-1184.shtml https://www.erealestatepro.com/real_estate_guide/top-landlord-mistakes-that-kill-profit-1184.shtml Editor Tue, 02 Nov 2021 23:52:15 -0400
How To Recruit and Retain Real Estate Agents Whether you're an established brokerage with experienced agents or a new firm recruiting real estate agents, this article is meant to help you construct a successful and continuing process for recruiting and retaining the finest agents.

Below are the top tips for real estate agent recruiting that will help you know how to recruit and retain top real estate agents.

  1. Don’t follow the script

Every real estate agent has their reasons for being in the business. Many are attracted to brokers that provide substantial commission splits, but others choose brokers who provide the necessary technological tools or educational training. Listen attentively to your job seekers to understand what drives them. Many agents today are looking for remote and mobile-first technology that allows them to perform real estate deals more quickly and efficiently wherever they are.

  1. Host a happy hour for candidates

Try closing your doors to clients for the evening and focusing on agent recruitment with a friendly monthly or quarterly social gathering. Happy hours or in-house speaking engagements are two examples. Such events allow you and your team to meet a variety of candidates in a more casual setting and create relationships with potential future agents, even if they aren't actively seeking a change right now.

  1. Market your online presence

Customers aren't the only ones looking for a brokerage with a strong marketing presence on the Internet. Your internet presence is also being scrutinized by promising agents ready to make their next move. Make sure your online material has strong SEO keywords so that your brokerage name appears on the first page when agents and clients search for properties for sale in your area.

  1. Think beyond LinkedIn

According to one survey report, 93% of recruiters use LinkedIn, whereas only 37 percent of candidates do. On this famous social media platform, the competition is fierce. So why not look at less conventional forums to recruit?

Make a short recruiting video with testimonials from some of your most devoted agents, administrators, and customers and post it on Facebook or YouTube. You might also look for candidates in related sales-oriented and real estate-oriented businesses, such as title, mortgage, escrow, insurance, and financial services.

  1. Hold onto great talent

Of all, no matter how much money you spend on attracting top talent, your efforts would be for nothing if your agents leave early. Avoid the revolving door by consistently cultivating excellent talent's skill sets with the correct mix of ongoing training, productivity tools, and effective marketing campaigns that close the deal and keep your agents pleased for the long term.

  1. Integrate with CRM and back-office applications

Realtors that offer technology that connects with their favorite CRM, marketing, and accounting programs attract tech-savvy agents.

Agents are discovering that using a well-integrated real estate transaction management software like dotloop, which integrates with 75+ CRM, marketing, and accounting apps, streamlines their workflow and eliminates unnecessary data entry. Agents that utilize integrated applications are also more likely to participate in the transaction management process.

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Guide https://www.erealestatepro.com/real_estate_guide/how-to-recruit-and-retain-real-estate-agents-1183.shtml https://www.erealestatepro.com/real_estate_guide/how-to-recruit-and-retain-real-estate-agents-1183.shtml Editor Wed, 20 Oct 2021 10:07:35 -0400
Do I Really Need an Agent to Sell My House to a Cash Buyer? When you decide to sell your house quickly, you will hire a real estate agent or broker. Selling your home can be stressful, but an agent can have many benefits when selling a house for cash. Whether you are relocating because of a job, downsizing due to retirement age, or looking to move closer to family, professional agents will make the process as easy as possible. They will walk you through how to best stage your home to attract good buyers, and buyers will have their choice of houses instead of just one property.

1.   Realtors May Not Show For Sale-By-Owner Event

You still stand to gain from having an agent, no matter the advantage of selling your house to a cash buyer. Real estate experts may not make a show if you are selling a home independently, and it might be challenging to pull up potential buyers.

However, an agent will help you connect to the most potential buyers and offer suggestions on how to sell your place best. If you want more offers, better offers, and most importantly, offers that will allow you to kick yourself out of your own home, it is no longer an option – it is a must that you use an agent.

The real estate agent can direct all potential buyers to the "For Sale By Owner" real estate signs on homes, thus attracting more potential buyers to the house.

Selling your house to a cash buyer is an excellent alternative to the bank or other mortgage lender, but you want to ensure you get proper exposure and do not lose an interested buyer. Having a real estate agent to represent you and show your home to potential buyers allows you to compete with realtors selling for their list of clients.

2.   Agents Help You Avoid Emotional House Sale

Selling your house for cash without using an agent to represent you can cause a lot of emotional strain. People get attached to their homes, and the thought of uprooting yourself from your home and neighborhood can be overwhelming.  Having a real estate agent who has the experience and is willing to make all of the calls, answer questions, and keep you posted on offers and what the market says helps ease the emotional pressures.

Real estate agents ensure you make the best possible price when you sell. Real estate agents know how to negotiate and get you higher offers than you'd be able to get on your own. They can also handle situations that might emotionally put you over the edge, such as unruly tenants or other unpleasant situations that could become roadblocks in your sale.

3.   Agents Help Move Traffic Through Their Connections

Real estate agents have extensive networks that will help you get the most exposure possible to buyers in your neighborhood, especially when it comes to solid offers on your house. They have connections with people they can refer to through interested parties. An agent is also more likely to move the traffic quicker than you doing it on your own.

Agents may already have buyers lined up to see your home. However, the agent will have to prequalify them before they can make official offers. Agents do all of this without you having to lift a finger, and it only costs a 3% commission after selling the property, which would still be a better offer than when you sell the home yourself.

4.   Agents Have Great Price Negotiation Skills

Having an agent is crucial when selling your house to a cash buyer, especially if the owner is not aware of the property's value. Otherwise, you will likely sell your house desperately, and hence you may accept a far too low offer. After the buyer has purchased the home, they will fix it up to increase its value.

Agents have the experience and negotiating skills that help them close a deal quickly for a better price. For example, agents can sometimes get offers accepted on houses in 24-48 hours while at the same time protecting your interests, while you might have your home for months without making a deal when selling on your own.

Additionally, agents can spot the signs the customer is losing interest in purchasing. If the client rejects the offer due to unreasonable terms, an agent will understand what you must do to fix it.

5.   Agent Helps Protect You From Legal Risks

An agent understands local and state laws and knows how to protect you from any legal risks associated with property sales. Selling a house requires strict legal fulfilments that may not realize it at first. There are legal risks associated with selling a home that can be so significant and complicated. It is, therefore, best to hire a licensed and experienced agent when selling your house for cash.

The agent has the experience and know-how from working in this area to protect you from potential damages or theft that could result in an expensive lawsuit. And if something goes wrong with the closing, your agent is there to fix it. And you have someone on your side.

Conclusion

Real estate agents know what best price will sell a house promptly when selling to a cash buyer to save you time and frustration. You don't have to pay a fixed price or a money-back guarantee when agents sell your home. When you hire a real estate agent, the only thing you have to do is accept their price offer. Real estate agents can use their experience and skills to negotiate with buyers and get them to make an offer for your house. Hence, you can get the most money for your house

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Guide https://www.erealestatepro.com/real_estate_guide/do-i-really-need-an-agent-to-sell-my-house-to-a-cash-buyer-1182.shtml https://www.erealestatepro.com/real_estate_guide/do-i-really-need-an-agent-to-sell-my-house-to-a-cash-buyer-1182.shtml Editor Tue, 19 Oct 2021 03:17:25 -0400
Here’s Why You Should Buy a Vacation Home in Pineridge Mountain

When you close your eyes and picture your dream vacation home, what do you envision? Do you dream of waking up to a gentle breeze that brings the smell of fresh mountain air? Do you imagine the picturesque scenery of a blue lake that's nestled in a green valley? Do you want access to adventure, or do you want to be cozy in a place that cultivates feelings of peace and serenity? If so, you're in luck! In Invermere's stunningly beautiful lake town, you can have everything mentioned above and much more because there are currently unique Invermere homes for sale at the Pineridge Mountain recreational community.

In all honesty, it's somewhat shocking that there even are Invermere homes for sale because the community and surrounding area have so much to offer. Today's article is dedicated to showing you what you're missing and why you should buy a vacation home in Pineridge Mountain.

The Community & Amenities

A vacation home is about more than just spending time somewhere different. It's about experiencing a life that complements and enhances your existing life, and that's exactly what you find when you look at Invermere homes for sale; a window of possibility into a better way of life. That feeling is only possible when there is a beautiful community surrounding you, and that's what Pineridge Mountain is all about.

Located on the warm side of the awe-inspiring rocky mountains, Pineridge Mountain offers a wide range of activities suitable for individuals or family fun. If you love getting out on links, the Columbia Valley is home to the finest golf courses in Canada, and you can take in the breathtaking landscapes while enjoying your favourite past-time. If you're more of a food and community lover, you can check out wine festivals, beer festivals, performing arts, theatre and art galleries or heritage sites year-round. And what would a mountain community be without mountain adventures? Hiking, skiing, snowshoeing, fishing, white water rafting and beaches on one of BC's warmest lakes are all just minutes away.

Location, Location, Location

One of the best aspects of Invermere homes for sale is their location. One minute you could be sipping your morning coffee on your balcony overlooking the lake, and 90 minutes later, you could be going on a nature hike in Banff National park or skiing on the slopes of Lake Louise. You could also live next door to our hot springs, where the weather is traditionally 3 to 6 degrees warmer than most of Alberta!

Year-Round Serenity

A drawback of many vacation destinations is that they are usually only viable during certain times, but not at Pineridge Mountain. Due to their incredible location, Invermere homes for sale give you a wide range of idyllic vacation activities, whether it's the prime of summer or the dead of winter. You can't get much better than a vacation where you can go to the beach in July and ski at world-class resorts in January.

Beautiful Vacation Homes

If we're going to be talking about Invermere homes for sale, then we've got to talk about the home themselves! At Pineridge Mountain, you could live in a modern mountain house or idyllic luxury chalet.

Mountain Homes

Vacation homes need to fit your lifestyle like a glove if you want to get the most out of your time away from the usual hustle and grind of everyday life. That's why when it comes to mountain homes, you can build your own or have one designed for you. With large wooded lots to choose from, you can create the type of home that fits your lifestyle. Complete with personalized finishings that bring a unique touch to make your home reflect you and your family. Just take a look at a few of the options you have:

  • Maintenance Free Craftsman exteriors with a natural blend of stone.
  • Designer kitchens featuring state-of-the-art appliances & generous cabinetry
  • Romantic Master Bedroom balconies
  • Luxurious master baths with large showers
  • Generous outdoor living spaces
  • 10′ Ceilings

Luxury Chalets

Luxury chalet: that has a beautiful ring to it. Who wouldn't want to own a luxury chalet that overlooks a breathtaking lake that sits in a lush mountain valley? Features of the chalets at Pineridge Mountain include:

  • Designer Kitchens with five stainless steel applicators
  • Master Bedroom – Walk-in Closet and Ensuite
  • 2 1/2 bathrooms
  • Luxurious master baths with large showers
  • Double Attached Garages
  • Electric Forced Air with State of the Art Heat Pump – Healthy Heating & Cooling.

If the idea of Invermere homes for sale piques your interest, check out this website: www.pineridgemountain.ca. From there, you'll be able to get even more details about the beautiful Pineridge Mountain recreational community, and if you desire, you can start planning your dream vacation home today.

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Guide https://www.erealestatepro.com/real_estate_guide/heres-why-you-should-buy-a-vacation-home-in-pineridge-mountain-1181.shtml https://www.erealestatepro.com/real_estate_guide/heres-why-you-should-buy-a-vacation-home-in-pineridge-mountain-1181.shtml Editor Wed, 13 Oct 2021 06:06:57 -0400
How to find short-term lease apartments? The biggest pro is that you don’t have to commit to the long term

It’s not easy finding the perfect sweet spot in the local apartment pool. When you’re not looking for a flashy new building, but instead something that can fill your short-term lease needs, you need to know where to look. The availability of short-term lease options depends largely on where you’re looking.

A short-term lease option is perfect for several reasons, one of which is its flexibility. Generally speaking, short-term lease agreements are for week-long increments. This allows you to stay in an apartment for an extended period without paying month-to-month charges or committing to a long-term lease agreement.

If you’re searching for an apartment available on a short-term lease you have several options. You can contact property management companies to find out if they have any apartments which are currently vacant. You can then set up an appointment to view the available apartments or stay on their waiting list.

So what’s the difference between a short-term lease and a long-term one? And why would you even choose a short-term lease apartment over a typical lease?

What is a short-term lease?

A short-term lease is a space, room or apartment that offers a lease that’s shorter than one year. Short-term leases are for renters who do not want to commit to the long term. The general lease lengths for these kinds of leases are 3–6 months or 30 days apartments. Even though long-term lease apartments do offer more stability, many renters just want flexibility before anything else. 

Short-term leases and vacation leases are also called vacation homes and vacation real estate by other companies. But we like to think of short-term leases as short-term because people rent them for months or weeks — not years at a time. We want to help you locate the best short-term lease options for your lifestyle so here are plenty of great rooms for rent in NYC, like the ones from SharedEasy.

Advantages of short-term leases

Sometimes, it’s not possible to find long-term housing for either financial or personal reasons. Renting short-term can help bridge the gap between moves or address the immediate need for an extra place to live without committing to one location. By knowing which short-term lease options exist out there, you can get closer to finding the perfect home for you. For these reasons, short-term housing is the best option for many people.

Here are some short-term leases advantages:

Flexibility: Short-term leases often come in one-, two- or six-month lease terms, which are shorter than the average lease term.

Exploring new areas: If you’re new to the city, a short-term lease is a great way to get familiar with the area before signing a long-term lease for a new apartment.

Furnished apartments: Short-term lease apartments come furnished, which means renters don’t have to purchase their own furniture.

Amenities: Short-term leases often come with more amenities than long-term leases.

Utilities: Many short-term leases include utilities in the rent.

Internet and cable: Many short-term leases include internet and cable in the rent.

Public parking: Some short-term leases offer tenants direct access to public parking.

Are short-term rental apartments suitable for me?

Short-term rental properties allow you to rent a place that feels like home without signing a long-term lease. You can live temporarily in an upscale condo in the heart of the city with all the amenities that you would find in your own home. Plus, most owners of these Airbnb properties will provide something extra to make your stay comfortable, like cooking utensils, linens, cleaning supplies, or high-end appliances.

Additionally, most operators of short-term rentals are available to answer any questions you have — either through email, phone, or an on-site host who can personally check in on you during your stay. Depending on the listing, the price of renting a short-term property can be half of what is charged per month for long-term rent.

If you constantly travel for work and find yourself near your destination city, then you should also consider a short-term rental. Short-term rentals are perfect if you want to avoid the hassle of booking a hotel or researching properties and amenities. Plus, short-term rentals often feature amenities like high-speed Internet and full kitchens.

Finding a short-term rental

Short-term rental applications typically ask some basic questions, such as your name, address, date of birth, and Social Security number. They also ask about your prior landlord and rental history, as well as whether you’re currently employed.

The landlord may ask to see your current rental agreement, which serves as a sort of credit check. The landlord may conduct a background check, and approve or deny the application based on the information provided.

Often, landlords will screen their tenants based on the length of their lease or the length of the stay, so if you’re staying less than 30 days, you may have trouble getting approved.

Here are some of the most common questions you may be asked when applying for a short-term rental:

How and when do I pay for my short-term rental?

Your landlord may ask for your monthly payment and deposit upfront or may require you to pay your rent in advance or on arrival.

Some landlords may ask for your first month’s rent, security deposit, and last month’s rent upfront, while others may accept 30-day or 60-day payments.

The deposit may be refundable or non-refundable, depending on your lease and the landlord’s policy.

When can I move in?

Your landlord may ask you to move in on a specific date or may allow you to move in anytime after you’ve received your lease.

You may also have to sign a “hold harmless” clause, which protects you from liability if your property is damaged during your stay.

How to handle my security deposit?

If you’re having trouble finding a short-term rental, you may also be asked to pay upfront for your security deposit. In general, your deposit is nonrefundable, although landlords may refund your deposit if you agree to move out of your unit after a certain number of days.

The vacation rental industry is still relatively new, but it’s growing quickly. Short- and long-term rentals are gaining popularity, and that means that landlords and property managers are becoming more comfortable with the process.

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Guide https://www.erealestatepro.com/real_estate_guide/how-to-find-short-term-lease-apartments-1180.shtml https://www.erealestatepro.com/real_estate_guide/how-to-find-short-term-lease-apartments-1180.shtml Editor Tue, 05 Oct 2021 11:10:22 -0400
How to Sell Your Home Without Any Hassle

If you have ever had to sell a home, you know that it can create a whirlwind of anxiety, frustration, stress, and fatigue. Some people are excited about moving forward or upgrading to a newer home, but this isn’t the case for everyone. Oftentimes, people need to sell a home under less than ideal circumstances. This is why we are here to tell you why and how to sell your home without any hassle.

Why Sell Your Home Without Any Hassle?

You might be astonished to find that there are numerous situations where people prefer to sell a home without any hassle. Check out the following reasons that we discovered.

You’ve put an offer on another house.

Suppose your dream home has come on the market, and you’ve put in an offer. You can already picture yourself there with your family making memories. Life seems too good to be true. In this case, the problem typically lies in the fact that sellers are less inclined to accept an offer with a clause stating “subject to the sale of another property”. However, you may be able to sweeten the offer by stipulating that the funds will be available within a specified period, typically 60 days from acceptance of the request.

You can’t afford the necessary maintenance.

Have you recently received a quote for a roof repair or water damage that you simply can’t afford? It might be time to sell rather than wait for the damage to get more significant and the resulting bill to get even more extensive. You now might be running against the seasonal clock where you want to make a sale before winter arrives. Remember that you will need to disclose this information to any potential buyer to avoid any future liability, so we recommend passing on the quotation for repairs via email.

You are getting divorced.

Even the most amicable of splits is still not pleasant. However, in the case of betrayal, adultery, or fraud, you likely want to finalize the division of assets as soon as possible so that you can move on with your life. Living in the same house, amongst relics of your time together, can be a challenge, so a quick sale without the hassle is ideal.

You’ve inherited a home.

Inheriting a home to outsiders is like winning the lotto. However, in reality, it can come with numerous emotional and financial difficulties. Now that you own the home, you will be responsible for property taxes, maintenance, insurance premiums, and ensuring squatters don’t arrive. This is a big job, even if you live close by; however, a person inheriting a home often lives too far away or can’t afford the immediate upkeep expenses. Therefore, selling the house as soon as possible is the best outcome.

How to Sell Your Home Without the Hassle

If you wonder how to sell your house privately without any hassle, then you aren’t alone. We have explained a few of the top reasons people choose to forgo pricy renovations, constant cleaning, and the need to host potential buyers. A real estate buyer can make you an offer on your home in as-is condition, typically within 24 hours of making contact.

When a person owns a home, it is typically their most significant asset. So when you or a loved one finds themselves in an emergency financial bind, then selling your home quickly and without hassle could be a top priority.

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Guide https://www.erealestatepro.com/real_estate_guide/how-to-sell-your-home-without-any-hassle-1179.shtml https://www.erealestatepro.com/real_estate_guide/how-to-sell-your-home-without-any-hassle-1179.shtml Editor Mon, 04 Oct 2021 05:19:29 -0400
Build a Strong Prospecting List With These 6 Simple Steps The following is adapted from Commercial Real Estate Investing.

If you’ve done any investing in residential real estate, you know how important leads are to finding properties to make offers on. Well, the same thing is true for commercial real estate. Without leads, you don’t have a business.

The good news is that, even if you’re new to commercial real estate, it’s simple to build a strong prospecting list. In fact, by following six steps, you’ll be able to identify lists of property owners, business owners, and brokers that meet your criteria. Once you have your prospecting list, you can schedule tours for properties you are interested in making an offer on. 

Trust me, knowing how to create a property prospecting list with the mailing addresses, phone numbers, and emails of property owners and brokers in your area is critical if you want to fast-track your results. A solid list is worth a million dollars—literally.

#1: Obtain the Parcel Data in Spreadsheet Format

It’s the age of technology. Most counties in the country have gone to digital land records—which means you can usually get a spreadsheet with the relevant data for every single parcel in that county for free.

Google, “___________ County parcel data.” You might find a downloadable version of the parcel data in .xls or .csv format right on the county website, though most counties make it a little more difficult than that. They normally have GIS data, so you would need to buy a GIS mapping software, pull the data in, and then export it to spreadsheet format. 

If you pull half your head of hair out before getting results, then try this method: call the county information line and ask who handles the GIS open parcel data. Then send that person a gift card to Starbucks, and they will be your best friend. (Only slightly kidding.) 

Get that person on the phone or email and ask them how you can get your hands on a spreadsheet version (.xls or .csv) of the public county parcel data. Not the GIS data. Most times this information is free, but if they charge you a small fee to help you get it, be glad to pay it. Have them send you the entire dataset, and do not pre-filter the data before you download it.

#2: Combine Your Lists Into One

Keep working with the county until you get your hands on a spreadsheet file. If your list for your primary target county doesn’t contain at least two thousand commercial properties, get another county and combine the lists using copy and paste. 

Be sure to not screw up the data when you do this by getting the columns intermixed or by sorting the data without selecting all of the records first. If you only sort one column without having the whole dataset selected, all your data will get jumbled.  

Sometimes the data doesn’t come through exactly the same for each county. One county might have city, state, and zip all in one column, and one might have separate columns. I recommend organizing the data into columns and eliminating any columns you don’t need, to make your file smaller and more manageable. 

A spreadsheet program like Google Sheets or Microsoft Excel will work to get you started, but a true database software is the best option. However, whether you use a spreadsheet, a true database application, or even a basic CRM doesn’t matter—what does matter is that you do the work. 

#3: Filter Your Lists 

Filter your spreadsheet by property type and tax assessed value. For most cities, the property zoning is set at the city level. Each city uses different naming conventions for zoning codes. Light Industrial I-1 zoning in one city may have a very different set of permitted and conditional uses for that same zoning in another city. 

Learn what your city and county’s naming conventions are and then filter your list by them as best you can. For example, in my target county, they simply have C—Commercial, R5—Multifamily, and I—Industrial. 

Since my primary asset class is Industrial, I filter by that property type in my spreadsheet to remove the single-family houses, apartments, and commercial properties. The C—Commercial classification includes office buildings and retail, so I can’t decipher between retail and office properties using my county data; I would need to target both or neither. 

Next, what size of property are you going to go after? Most county data will not include the property square footage for commercial buildings. If they don’t, be sure to add that column so you can start tracking the size of these assets. What they will include is the assessed value, so you can sort by that instead. 

#4: Append the Data With the Manager’s Information

At this point, you’ve done a lot of the work necessary to lay your foundation. Now, add columns for the following items in your spreadsheet or database:

  • Manager First Name
  • Manager Last Name
  • Manager Phone
  • Manager Email
  • Manager Mailing Address
  • Manager Facebook Page Link
  • Manager LinkedIn Page Link

Most commercial properties are owned by an LLC. Even though the IRS views an LLC as a person, it can’t answer the phone or respond to your email. Therefore, you need to figure out who is really in charge. Sometimes the taxpayer name on the parcel spreadsheet is a real person. If it is, use that. If it isn’t, go to the Secretary of State website for the state your property is in.

Do a business search for the name of the LLC or corporation that owns the property. If the business was formed in your state, then there will be a record. Beware of spelling or grammar differences, and make sure you look at active and inactive records. Click through to the details and see if there is an individual named as the “registered agent” or “manager” or something like that. Copy their name and address to your spreadsheet. 

#5: Skip Trace the Manager

If you can’t locate the LLC in your state records, it may have been formed in another state or spelled differently than it shows on the county data you have in your spreadsheet. If that happens, have your skip tracer look up the LLC and get the manager’s name for you.

Skip tracing is the process of locating an individual and obtaining their contact information. You can skip trace the registered agent for a home address, phone number, email, and social media links using a reputable skip tracing software or a virtual assistant. 

I batch process them using a virtual assistant or a bot I had created to automate this process. We skip trace so that we can actually contact these people by phone, text, email, and social media. Without this step, you’ll be limited to contacting them by direct mail. 

#6: Scrub Your List

Skip tracing will yield a lot of potential numbers and emails. It’s not an exact science. You should use a mailing address, phone, and email list scrubbing service to remove any duplicate owners, undeliverable addresses, disconnected numbers, and bounce-back emails. This part will reduce wasted money on mail sent to a bad address and increase your overall success when you start contacting people. 

You can use a similar process to create a broker list. You can pull the data from your local commercial association of Realtors® or have a virtual assistant find a way to pull the list. Keep a list of every real estate agent/broker in your area with a mailing address, phone number, email, and social media links, especially LinkedIn. 

Want to make this whole process easier? Download a screen recording app for your computer and do a narrated screen record of you completing this process where you explain what you are doing as you go. Then, send the video to your virtual assistant. It’s much easier to show them what to do through a narrated video than it is to tell them what to do in a written scope of work. 

Take Massive Action With Little Effort

Creating this list is how you prepare for great commercial real estate deals. With a solid list, you will have the power to get property owners and brokers calling you directly versus having to call them. It will also allow you to take massive action with little effort. So, spend the time and money needed to make your list as good as possible.

Once you have a full list (which is about 2,000 properties) with owner contact information, and you have a list of every broker and agent in your market, then you are ready to start contacting them. Start making your list today, and before you know it, you’ll have 30, 40, or even 50 property owners calling you every month trying to sell you their property.

For more advice on how to build a solid prospecting list, you can find Commercial Real Estate Investing on Amazon.

Mike Sowers rehabbed, wholesaled, flipped, or rented over 1,000 properties in the residential sector before he sold his remodeling business and transitioned full time into commercial real estate investing. Today he operates Commercial Investors Group which is a commercial real estate investing franchise system that is expanding into most major markets in the US. He is also the host of the CREative Commercial Real Estate Podcast and has an online course and Mastermind Group that helps aspiring investors scale up from residential to commercial investing.

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Guide https://www.erealestatepro.com/real_estate_guide/build-a-strong-prospecting-list-with-these-6-simple-steps-1178.shtml https://www.erealestatepro.com/real_estate_guide/build-a-strong-prospecting-list-with-these-6-simple-steps-1178.shtml Editor Fri, 24 Sep 2021 12:30:54 -0400
Your Guide to Real Estate Wholesaling Are you wondering what real estate wholesaling is? Perhaps it’s a new concept, and you’re curious about how to make money in this field of realty.  You’ve come to the right place because this is your guide to real estate wholesaling.  Read on for answers to your questions about wholesaling in the real estate industry, and how it might be your next great feat in earning a significant income.

What is Real Estate Wholesaling?

Simply put, real estate wholesaling is about standing in as the middle person between buyers and sellers.  To explain, a wholesaler takes control of a purchase contract on a home and sells it to a property investor or qualified home buyer. 

There are many opportunities in this field of real estate today.  So, read through this guide to real estate wholesaling so you can determine if this might be the opportunity you’ve been looking for in the house market industry.

An Example of Real Estate Wholesaling

As a real estate wholesaler, you’re always on the hunt for prime properties in desirable neighborhoods that can be snatched up for pennies.  For example, perhaps the owner passed away, or the property is a fixer-upper.  Armed with this research information, you can approach the owner to negotiate a price and (ideally) land a purchase contract.

Next, your job is to sell that purchase contract to a qualified buyer or property investor.  The buyer of your contract is responsible for renovating and/or reselling the house.  Essentially, you are selling the rights of the contract – not the actual property. 

How Do You Get Paid?

Once you land the purchase contract, you sell it to a willing party at a marked-up rate.  For instance, if you find a screaming deal on a fixer-upper, you may be able to hike the asking price of the contract by 50%, effectively doubling your income.  You can also charge a finder’s fee for the time you invested in finding the property and making it available to interested investors.

What Kind of Qualifications Are Required?

Amazingly, there are very few credentials or qualifications required to start a real estate wholesale business.  Unlike real estate agents or brokers, you do not need a license to wholesale real estate.  If you have motivation, determination, and the ability to understand housing trends, you’ve got a keen advantage to successfully wholesaling.

What Do You Need to Start a Real Estate Wholesaling Business?

If you’ve got a computer and a reliable internet connection, you’re pretty much set to earn money as a real estate wholesaler.  Of course, there are other tools such as marketing apps to boost awareness about your wholesale real estate offerings you could and should utilize. 

Then again, there are other powerful software aids such as home locators and real estate tools that can help you understand home market trends, pricing, and more.  These tools can win you the advantage of landing prime purchase contracts. If you’re interested in getting cutting-edge information in the housing market, consider perusing this PropStream review for tips and pointers on how to make your wholesaling over the top.

What Kind of Money Can Be Made as a Real Estate Wholesaler?

The answer to this question is contingent upon your impetus and determination.  If you’re serious about making money in this real estate field, then you’ll do the proper research and groundwork.  Doing this should pay off because the base commission of a smartly assessed purchase contract sale averages about $5000 - $10,000. 

The smarter you approach your selection of properties and price-point, the better your odds of making a handsome profit.  Additionally, you can attach a finder’s fee for finding and attaining the property purchase contract and delivering it into the hands of a willing buyer or property investor. 

Is Real Estate Wholesaling Too Good to Be True?

At this point, you might be thinking, “Is wholesaling real estate legal?” It’s a reasonable question. With minimal startup cost, low investment in training, and a high potential for income, the prospect of being a real estate wholesaler might seem too good to be true. Rest assured, real estate wholesaling is entirely legal. 

However, be aware that this exciting, money-making position in real estate isn’t a get-rich-quick proposition.  As with any independent endeavor, it takes time, hard work, research, and commitment.  

While this venue of real estate offers loads of opportunities and advantages, it still requires planning, focus, and organization to get on top of the wholesaling game.  All that said, if you have the drive and focus, there is no end to the possibilities this branch of real estate might offer you.

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Guide https://www.erealestatepro.com/real_estate_guide/your-guide-to-real-estate-wholesaling-1177.shtml https://www.erealestatepro.com/real_estate_guide/your-guide-to-real-estate-wholesaling-1177.shtml Editor Mon, 13 Sep 2021 23:36:58 -0400
Your Home-Selling Questions Answered

Source: Pexels

Selling a home is no easy feat, especially if you’re not a real estate expert. Oftentimes, it can feel like you’re in the dark throughout the process, with more questions than answers. In this guide, we explore some of the most common home-selling questions and provide in-depth answers. With this information, you’ll not only ease your stress, but you’ll feel more confident navigating the realm of home sales.

How Does the Selling Process Work?

Even when the real estate market is performing tremendously, selling a home is often a complex process. As a result, it’s important to know the key steps to follow to streamline this endeavor.

These steps include:

  • Choose a listing or real estate agent (if you are opting to sell the home yourself in a For Sale By Owner style, you will skip this step)
  • Determine the value of your home by completing a comparative market analysis (CMA)
  • Prepare your home for sale (decluttering, cleaning)
  • Put your house on the market
  • Show your house to buyers
  • Receive offers
  • Negotiate
  • Open escrow and order your title policy
  • Schedule an appraisal
  • Facilitate home inspections if requested by buyer
  • Sign title and escrow documentation
  • Close escrow

How Long Does It Take to Sell a House?

There is no single answer to the question “How long does it take to sell a house?” The sale time can vary dramatically depending on your area, the condition of your home, and the state of the housing market (i.e. if it is a buyer or seller’s market).

Another factor that can significantly impact the sale time of your house is listing price. Specifically, if you overprice your home when you put it on the market, you’ll dissuade buyers from putting an offer in. Consequently, your property will sit on the market for much longer than you’d like it to.
 

How Much Should I List My House For?

As we mentioned above, the best way to determine the value of your home is to conduct a comparative market analysis (CMA). A CMA assesses recently sold similar homes in your region to evaluate your property’s value. The analysis considers factors like location, age, construction, size, style, condition, and other elements for the subject property. A CMA is the best way to ensure that you fairly price your home to sell.

What Steps Do I Need to Take to Sell My Home Faster?

Below, we’ve listed some of the best methods you can take to accelerate the sale of your home. Some of these include:

  • Home staging
  • Completing repairs and upgrades (i.e., fixing faulty faucets, adding a fresh coast of paint)
  • Keep the space clean and clutter-free
  • Advertise your home online on property listing websites
  • Landscaping, gardening, and maintenance of outdoor spaces
  • Consider all types of buyers (i.e., private buyers, cash buyers,

investors)

When it comes to selling your house, there are many factors you need to consider. With these insights, you will ideally have a better understanding of the complexities of the housing market. The more knowledge you have, the better equipped you will be to sell your home as quickly as possible.

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Guide https://www.erealestatepro.com/real_estate_guide/your-home-selling-questions-answered-1176.shtml https://www.erealestatepro.com/real_estate_guide/your-home-selling-questions-answered-1176.shtml Editor Sun, 12 Sep 2021 23:18:12 -0400
Why Staging is a Home Selling Step You Can’t Skip

Source: Pexels

Home staging is the process of rearranging furniture, adding décor pieces, and getting rid of clutter to spruce up the appearance of a home that is up for sale. Any real estate agent will tell you that staging is one of the most important steps for selling a house.

When it comes to selling a home, aesthetics are important, and staging can help improve the appearance of even the darkest and dullest spaces. In turn, this can improve the chances of landing an offer and moving the sale process forward. In this post, we’ll explore a few key reasons why staging is a home selling step you can’t miss out on.

It Can Increase the Value of Your Home

Investing in quality staging services can actually boost the overall value of your house. That means you could be scoring some higher offers and getting more money in your pocket.

According to the 2019 National Associations of Realtors’ (NAR) Profile of Home Staging report, roughly 25% of surveyed buyers’ agents said that staging increased the offering price by 1% to 5% (in comparison to homes that were not staged). Approximately 22% of sellers’ real estate agents said the same, with 17% stating that staging increased the offering price by 6% to 10%.

On the other hand, 0% of sellers’ agents and a mere 1% of buyers’ agents reported that staging had a negative effect on the offering price. With these statistics, it’s clear to see that you have nothing to lose and everything to gain by staging your home.

It Can Reduce the Amount of Time Your Home Is On the Market

Most home sellers want their listing to fly off the market as quickly as possible. Staging is an excellent way to make that happen.

The NAR report revealed that staging has a notable effect on the number of days it took to sell a house. Specifically, 28% of sellers’ real estate agents reported a slight decrease in days on the market for staged homes, while 25% noticed a significant decrease.

The exact reasons for these reductions in sale times can vary on a case-by-case basis. However, the one constant is staging, making it clear that it’s an unmissable step.

It Highlights Potential and Encourages Forward Thinking

Staging makes the home feel welcoming and cozy. As a result, it helps buyers visualize themselves in the space. It allows them to picture what their futures would be like in that home and, as a result, they often feel more inclined to buy.

Appealing to these sentiments and these future-oriented thoughts is vital when you’re trying to sell your home. Clearly, staging is a simple and effective way of doing exactly that.

As a home seller, you want to get the best possible price for your home and ensure that it sells as quickly as possible. Finally, you want to make sure that potential buyers can actually see themselves in the property. Now is the time to professionally stage your home. Doing so will tick all these boxes in one easy step.

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Guide https://www.erealestatepro.com/real_estate_guide/why-staging-is-a-home-selling-step-you-cant-skip-1175.shtml https://www.erealestatepro.com/real_estate_guide/why-staging-is-a-home-selling-step-you-cant-skip-1175.shtml Editor Tue, 31 Aug 2021 00:43:50 -0400
What is a Real Estate Agent?

The world of Canadian real estate is in the midst of an upheaval, as large corporations and investor conglomerates are taking an interest in buying up available real estate. This has caused prices to skyrocket throughout the various urban centres in all provinces, indicating to more and more people the need to pay attention to this area of the economy.

Along with this rising interest, of course, comes a need for accurate information about the various professionals, businesses and terms involved in the real estate market. Chief among these interests is the quintessential component of most property transactions, namely the real estate agent. Who are these professionals, what are their qualifications, what is their role in property transactions, how are they regulated, and, most importantly, what qualities mark the best of them? Below, we look at all these questions and more, so don’t miss out on your chance to learn everything you need to know about real estate agents.

What is a Real Estate Agent?

A real estate agent is a licensed real estate professional who is capable of advising, assisting and facilitating buyers or sellers in property transactions. They can represent either the buyer or seller and in some jurisdictions, they can represent both parties. These professionals understand the ins and outs of the real estate industry, including the various rules and regulations that govern property ownership.

What is the Difference Between a Real Estate Agent and a Realtor?

As the terms are often used interchangeably, we must establish the difference between real estate agents and Realtors. In Canada, at least, both real estate agents and Realtors are real estate agents. Realtors belong to an organization called The Canadian Real Estate Association (CREA) and are required to uphold certain values and activities in the course of their duties. These include:

  • Committing to the REALTOR Code
  • Staying knowledgeable about developments in the real estate industry
  • Continuing education and professional development

Along with these benefits, Realtors also have access to Board MLS systems, which allow them to navigate through a massive collection of shared listings.

What Training Do Real Estate Agents Go Through?

Interestingly, the requirements for real estate agents vary by province and vary wildly in terms of what is expected of the position. For example, in Ontario, these property professionals must undergo several courses that teach them about residential and commercial real estate transactions. By contrast, Albertan real estate agents must only complete a General Education Diploma (GED) and a two-year diploma from post-secondary education.

Additionally, most of these professionals undergo training in sales and ethics, as these are regular parts of their work. This is why Realtors are often preferred to real estate agents as well because it shows that they are willing to complete the transaction without deceit or bad intent.

What Do Real Estate Agents Do for Their Clients?

Real estate agents perform many roles for their clients, whether they are buying or selling. With buyers, these professionals will comb through possible properties to find options that meet their client’s criteria, as well as interact with the seller or their representative. They will also schedule viewing appointments and provide advice or information as needed.

When agents represent sellers, they will help stage the house and prepare it for showings or open house events. They will also put the property on listing sites and other advertising boards to attract potential buyers and negotiate with potential buyers or their representatives. They can also provide advice and information about how to make the property more attractive to buyers.

What is The Role of a Real Estate Professional in a Property Transaction?

The role of a real estate professional in a property transaction is part-salesperson and part-negotiator. Obviously, representatives of both buyers and sellers want to achieve the best outcome for their clients and themselves since most work on commissions. Therefore, they negotiate with the other parties to secure the best deal possible, or at least a fair compromise. They also help provide information and advice about the transaction, ensuring that their client is well-informed about the situation and capable of making a responsible decision.

Who Regulates Real Estate Agents?

Real estate agents are regulated by provincial and territorial organizations. These organizations have government mandates to improve the real estate industry over time and ensure customers have a fair and transparent experience. An example of these organizations is the Real Estate Council of Alberta (RECA).

The regulatory bodies are also responsible for drafting legislation and advocating for it within the provincial government to help ensure any problems that are detrimental to consumers are removed or amended within the proper legal framework.

What Makes the Best Real Estate Agents?

Now that you know more about the ins and outs of real estate agents, you are likely interested in consulting with one for your property sale or purchase. Still, just because real estate agents must be licensed does not mean they are all created equal. The real estate industry is very competitive as agents work hard to secure the best possible outcomes for their clients, which can lead to conflict in some instances.

As a result, being informed about what makes good or bad realty professionals is important. When selecting your agent, look for timeliness, communication and market insights. These traits are some of the most valuable that a professional can possess, as you will see below.

Timeliness

The timeliness of real estate professionals is about more than showing up on time for showings or open houses. The best in this class will be ahead of their competitors when new listings are put on the market, and they’ll be the first to make an offer when the property is in a competitive area. They will respond to your concerns in a timely manner and alleviate as many of them as possible as a rule of engagement. In short, they will be so familiar with the process that they’re a few steps ahead at all times.

Communication

Alongside timeliness comes the need for fantastic communication. Having someone who you can rely on to provide answers when you have questions is super important to a successful real estate transaction, as is being able to trust that what they are telling you is in your best interest. This kind of communication is a rare skill reserved for the best in the industry, but when you find someone who can truly communicate with you, you’ll be glad to have them on your side.

Market Insights

Finally, you want to find a real estate agent that knows their market inside and out. Ideally, they are a local of the area with a lifetime of experience watching the real estate market grow up around them. Otherwise, a quick study and several years of experience can transform amateur agents into qualified guides that know where the value truly is.

With this information in mind, you are well on your way to making a great decision with your next real estate agent. Just keep in mind that they are on your side and that it’s okay to take your time making a decision, and you’re sure to find the property of your dreams! And don’t forget to have fun house hunting while you’re at it!

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Guide https://www.erealestatepro.com/real_estate_guide/what-is-a-real-estate-agent-1174.shtml https://www.erealestatepro.com/real_estate_guide/what-is-a-real-estate-agent-1174.shtml Editor Fri, 06 Aug 2021 00:17:11 -0400
Plumbing Inspection: Why It Matters When Buying A Property When purchasing a home, there are many considerations you need to make. Besides checking the lighting system of your desired home,you should be keen to check the plumbing system. This is because the plumbing system is one of the integral systems of any house out there.

By conducting a plumbinginspection, you will be able to diagnose any existing plumbing problems in your new home. Plumbers from Sunshine Coast Plumbing Company can help you with plumbing inspection services.Here are the reasons why you need to consider plumbing inspection before buying property out there:

Help to determine if the pipes are leaking

During construction,the people building the house might have interfered with the pipes that constitute the plumbing system in your home and thereby broke one or two tubes. Othertimes, the sinks or the faucets might be leaking and thereby lead to water wastage.

Remember that a small leakage can be costly as you have to pay more money for water bills. Besidesthis, the structural integrity of your house might be at risk too. Therefore, to be on the safe side,you should carry out plumbing inspection to curb these problems from the word go.

You will know whether the water heater is working or not.

By hiring a professional plumber,you will be able to know the condition of the water heater.From where the water heater is located to its capabilities,there are many details you will learn about this appliance.You will also be able to determine if it is working optimally or not.

If the water heater needs replacement, anexcellent plumber service provider like Sunshine Coast Plumbing Company will advise you accordingly and prevent future inconveniences.

You can identify possible water pressure woes

The last thing you would like to experience is a weak stream of water whenever you are taking your standard shower at home.Therefore,you should test and determine whether the water pressure in your home is high or low. During plumbing inspection, the plumber will check the water pressure of each tap and shower in your house. In case the water pressure is low, a Sunshine Coast plumber will fix the problem for you.This makes plumbing inspection more critical whenever you want to buy a new home out there.

Enables you to test if the toilets are working well

By carrying out a plumbing inspection,you will know whether the toilets are working well or not.If there is any clog,it will be removed immediately and thereby prevent future inconveniences.The plumber will also advise you on how you can avoid future toilet clogs in your home.

Wrapping up

It is no secret that plumbing inspection is crucial before buying a home. The good news is that plumbers from Sunshine Coast Plumbing Company got you covered. From leak detection to toilet clog detection, there are many benefits of carrying out a plumbing inspection before buying a home.

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Guide https://www.erealestatepro.com/real_estate_guide/plumbing-inspection-why-it-matters-when-buying-a-property-1173.shtml https://www.erealestatepro.com/real_estate_guide/plumbing-inspection-why-it-matters-when-buying-a-property-1173.shtml Editor Tue, 06 Jul 2021 23:39:08 -0400
How to rid your home of clutter Keeping your home clean is difficult if you have too much clutter, in this post, we will take a look at some of the best ways to get rid of clutter in your home so that it looks more presentable and stays cleaner for longer.

Having a cleaner home will not only help with the stress levels of people who live there but it will also make your home easier to sell if you ever consider it.

1) Get rid of items you don't need

The simplest way of getting rid of clutter is to throw out anything you don't need. In doing so you are freeing up your home to have more space. When throwing out items don't start with sentimental ones, instead, start with what you would consider junk.

Things like:

  • old makeup
  • old toys
  • old documents

Are a good place to start and when you have thrown all of those out you would be surprised how much more space you have.

2) Store items you hardly use 

Once you have tackled the items you never use you should then move onto the items that rarely get used yet hold some type of sentimental value.

For items you don't want to throw out you should consider using self storage to keep your items stored away safely until you need them again.

If you don't have too much to store and don't need an entire storage unit you could look for companies that rent out storage lockers. Lockers are usually cheaper than units as they aren't as big but they are perfect for storing old items that you don't quite want to throw o

3) Reformat old media

How many of us have items that have sentimental value but are too big and clunky to possibly keep. For me, that includes old documents, VHS tapes, and old photos.

Instead of throwing these out or putting them into storage, you can reformat them to a new type of media.  James Palliser of Digital Converters says that "changing your media into newer formats not only gets rid of clutter in the home but it also protects your precious memories for years to come."

We agree with James. There are many reasons to convert your tapes and saving space is a huge benefit. Looking around my room while I type this I can see a box of old photos, DVDs and VHS Tapes. If I were to convert them to digital media I could save a third of my room space and probably store them on one memory stick.

4) Purchase more storage

When you have thrown out items, stored others and converted your old files and you still have clutter it's time to purchase more storage in the home. You can get storage for every room in the house so don't despair.

For the kitchen, you can store your pots and pans on wall racks. For the bathroom, you can buy sinks with storage built-in and for rooms like the bedroom or living room, you can get creative with shelves, ottomans, cupboards and even the furniture choices that you make.

Furniture that doesn't sit right on the floor that lets light go underneath it will allow the eye to see more flooring space so it will create the illusion of more space and less clutter.

You can also get creative with mirrors in the home as they reflect light and it's a well-known restaurant secret where small restaurants will use big mirrors on their walls to give the illusion of more space. You can take this trick and try it in your home too.

Conclusion

Getting rid of clutter in your home is going to help you enjoy it more and if you ever consider selling your house it's going to help sell it quicker too. The tips in this article will help you declutter your home but if you would like even more tips on decluttering your home check out this useful article for more tips.

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Guide https://www.erealestatepro.com/real_estate_guide/how-to-rid-your-home-of-clutter-1172.shtml https://www.erealestatepro.com/real_estate_guide/how-to-rid-your-home-of-clutter-1172.shtml Editor Thu, 01 Jul 2021 10:19:18 -0400
How To Save To Buy Your First Home in Brighton Buying real estate is a significant milestone that we all hope to achieve sometime in our life. Generally, having a house bought with our very own hard-earned money is a lofty goal. It requires a lot of perseverance and mental fortitude to reach the point in life where you can confidently buy a house.

So if you are at that stage, congratulations! I’m sure that it was a tough climb. Here, I have compiled a list of tips for first-time homebuyers in Brighton. However, before we move to that, let’s first discuss why you should buy a house in Brighton. 

Brighton is a coastal city in the UK. According to research, it is the happiest city to live in. Over 86.4% of its residents report that they are happy every day in Brighton. Now that’s a statistic you shouldn’t ignore. Aside from safety and price, another thing you should factor in when deciding where to buy real estate is the quality of living. 

Dubbed as London-on-Sea, Brighton’s coast offers the high life of being in London without the hassle of being inside London. In fact, a huge percentage of employees in London live in Brighton. This way, they get the best of both worlds: a lucrative job at the capital and a walk on the beach during the weekends!

There’s no question that London is severely overpopulated. With space becoming more and more valuable, why would you add to the competition when there’s a better, cheaper alternative nearby? 

As of April 2021, the average property price in London is £699 812. Let’s compare that to Brighton. The average property price in Brighton is £450 200. You’re staring at a quarter-million-pound difference. This is a massive jump in price, considering that Brighton is less than an hour train ride away from the capital city.

Considering all of these factors, it’s no wonder Brighton saw a huge jump in its population over the last few years. Ready to begin your journey? Here are some of the best tips for first-time homebuyers in Brighton.

Start Saving Early

When you’re looking to buy real estate, you need to start saving early on. Hopeful Brighton residents usually make the move to Brighton from London early on to save up on living costs. The difference in cost of living between London and Brighton is substantial, and there are a lot of expenses involved with buying real estate. Aside from the down payment, there’s the estate tax, closing costs, agent fees, moving expenses, and the construction costs if there are any design changes you want to make. You want to save at least 20-30% of the total contract price so you can save on interest fees.

Read here on How to Find the Right Home Specifically for your Needs.

Reduce Cost of Living

The biggest portion of everyone’s wages goes to living expenses. For many, their entire monthly salary goes to the bare necessities (i.e. rent, utility bills, transportation, groceries) and nothing more. If you want to save money fast, it’s time to reduce your living expenses.

For instance, consider living in a much cheaper neighbourhood. Many London employees live outside the capital. Neighbouring areas such as Brighton and Basingstoke are popular places to live in if you’re looking to cut down on expenses. The daily commute by train is just an hour, but you save hundreds, if not thousands, of pounds on rent, groceries, and utility bills. 

Another option you can try is to downsize. Look for a smaller flat, so you can save on rent. Renting a storage facility in Brighton is usually the norm. By doing so, residents get to live comfortably despite living with limited floor space. 

Cut Back on Luxuries

One of the best ways to save for a house is to cut back on the luxuries you have grown accustomed to. Buying a house is a big commitment. There are certain financial adjustments you need to make with regards to your lifestyle. For example, instead of going out thrice a week, you can limit it down to twice or once a week. Date nights will have to mean a home-cooked meal and a movie in front of the TV, instead of a fancy night out at a Michelin restaurant. This also means no more impulsive shopping sprees as you need to build a good credit score.

Compare Mortgage Rate and Fees

Different banks will offer different mortgage rates and fees. Before you sign an offer, make sure that you’ve canvassed for the best rates. The average mortgage interest rate is from 3.15-5%. If you can get a lower rate, then do so. There’s nothing wrong with having a couple more options, especially if the bank you decided sends you a rejection letter.

Buying a house in Brighton is no laughing matter. Not everyone gets the opportunity to save up for real estate, which is why, if given a chance, you should take it. Brighton is one of the happiest places to live in, perfect for both young professionals and established leaders of companies. While it might force you to lessen certain luxuries and affect your social life, you will realize that it is worth it in the end. Best of luck!

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Guide https://www.erealestatepro.com/real_estate_guide/how-to-save-to-buy-your-first-home-in-brighton-1171.shtml https://www.erealestatepro.com/real_estate_guide/how-to-save-to-buy-your-first-home-in-brighton-1171.shtml Editor Mon, 28 Jun 2021 07:08:01 -0400
How Do Real Estate Agents Save You Money?

There are many people out there who have been trying hard to sell their homes for well more than a year and still don't have any results. While Covid did put a damper on the real estate market last year, another big reason a lot of people cannot sell their homes is that they decide to list them independently, believing they will save money, and they just end up sitting on properties that won't sell. While it might not be everyone's favourite thing to do, hiring a real estate agent remains the best way to sell your home. Though the primary concern here from most people is that hiring an agent will mean spending even more money, especially once they take a commission.

 Is this true? While it is true that agents earn a commission off of selling your home, it's not true that this saps up all the profit. With the right agent in your corner, you're going to end up earning so much more for your home that you won't notice that commission. Plus, the right agent is going to help you save more money along the way.

5 Ways Professional Agents Can Save Money

1: Better Home Pricing

 Making money is saving money in the context of real estate. The less profit you make on your home, the more you end up spending overall. Therefore, having an agent who's going to list your home for the right price and actually get that price met means that you're saving a whole lot more than if you were to list independently. Even if we could cancel out those dozens of different things like deeds, mortgages, paperwork, closing costs, etc., the fact is that an agent can sell your home for a higher price. It's what they do.

2: Home Staging

 One of the best ways to turn a bigger profit with your home, and especially to ensure it has a better chance to sell, is to stage the home in a way that appeals to potential buyers. A home that's properly staged gives potential buyers an idea of what to expect and entices them to make the purchase. Home staging can be rather expensive, however. A qualified real estate agent can save you a lot of money here with the staging.

3: Industry Ties

 The right agent also has a lot of ties in the market in general. When staging an open house, for instance, this is something that's typically a pretty big expense. You're essentially throwing a party here that has to be advertised properly for a good turnout. An agent with ties in the industry can more effectively market your home's listing for far less of a cost, giving you a broader range of potential buyers.

4: Negotiation

 Negotiations can end up costing you a lot of money. Say you have your home listed for around 250, and someone comes in with 175 as an offer. Obviously, people are offering low because they expect the negotiation to go back and forth until which point they're paying less than 250. The issue here, however, is that people who don't use agents end up losing money on their negotiations, believing that the potential buyer has the leverage. This isn't the case. A real estate agent is going to command a higher price for you.

5: Saving Time

 Time is money. It's a cliché, but that's because it's true. The more time you spend selling your home, the more money you lose. Houses that have been on the market a while lose their value. You also spend more to constantly advertise its sale. Overall, you can end up losing tens of thousands of dollars if you cannot sell your home. A proper agent speeds up the entire process, which is going to definitely make you more money and save you more time.

3 Things to Look for in a Good Agent

 Now that we've established that a good agent can actually help you save money when selling your home, let's speak more about how to find a good agent. Not all real estate agencies are the same. Some are going to take a higher commission, and some just aren't as effective. Here are a few things to look for in a good agent.

1: A Local Agent

 You're likely going to do much better for saving money and selling your home quickly if you select an agent who knows the area better. Choosing locally means that the agent you go with already has a good idea about the local communities, the stats, and the comparable homes in the area. A local agent is able to get right in there and go to work for you.

2: A Good Rapport

 People who are from the area and know a lot about it also tend to care about the area. They want to keep property values up. They want neighbourhoods to look beautiful. So, it ends up being a huge benefit for you if you can build a good rapport with a local agent. You'll be on the same page and will be able to get through the process easier.

3: A Good Reputation

 You also want to make sure that the agency or agent you end up going with has a good reputation for actually selling quickly and selling for profit. There are some real estate agents out there who list the home and take credit (and a commission) when it sells, but don't really do anything special. You want to find an agent who actually works for you toward the goal.

 At the end of the day, selling a home is technically something that you can do on your own. You do not need real estate agents to hold your hand and walk you through the process. However, if you want to get through the process quickly, sell your home in a timely manner, and actually make more of a profit from the sale, then it's a great idea to go with a qualified agent.

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Guide https://www.erealestatepro.com/real_estate_guide/how-do-real-estate-agents-save-you-money-1170.shtml https://www.erealestatepro.com/real_estate_guide/how-do-real-estate-agents-save-you-money-1170.shtml Editor Mon, 21 Jun 2021 03:49:38 -0400