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Written by admin
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Thursday, 06 November 2008 |
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When you have finally decided what your business will be, what type of organization you will have (sole proprietorship, partnership, or corporation), and where you want your business to be located, the real work begins. You must now decide whether or not to lease or buy property. There are several factors to consider when determining which route you should take. Of course, perhaps the biggest factor to consider is MONEY. It takes a lot of money or credit to purchase a building; money that could be used to purchase inventory, pay employees, or help you out during the slow times. But if you cannot afford or don’t want to purchase a building, the next option is to lease the property. |
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Understanding the Basics of The Home Selling Process |
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Written by admin
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Thursday, 06 November 2008 |
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There are a few basic steps that every prospective seller needs to know about the home sale process. First, you should make sure that you work with a real estate professional that will guide you through the process of selling your home. In conjunction with your agent, you should determine the asking price by asking for and reviewing a comparative market analysis often called a CMA. This report reflects how many homes similar to yours in the same neighborhood area have recently sold for or are currently being sold for. Another item to keep in mind when deciding upon your sales price is the amount of time you are willing to wait for a buyer to make an offer. This is important because if you see that the general market is trending upward you will not be so inclined to jump at the first offer. |
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Why Charging a Flat Fee Can Flat-Line Your Home Staging Business |
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Written by admin
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Thursday, 06 November 2008 |
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The pricing structure (and items you charge for) you set up for your home staging services can either make or break your business. Good for you to follow your heart and get into a career you enjoy, but if you're doing something you love and not making money, it's not a business - it's a hobby. Even if you're the best home stager in your city, if you charge a flat rate for your services, you could end up broke faster than you think. In fact, you could be setting yourself up to "flat-line" a business that could otherwise be extremely profitable. Charging by the square foot or setting a flat rate per room is a common mistake that has ended more than one home stager's career. Why? No two spaces are ever the same. It could take more time for you to stage a 900-square-foot condo than a 3,000-square-foot detached home. Why should you charge the same rate for both? |
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Taking Little Steps to Make Your Property Sell Faster |
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Written by admin
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Thursday, 06 November 2008 |
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Ask most coaches in professional sports what sets the best teams from the also ran’s and they will say sweating the details. The same is true for getting a fast offer on your property. Taking Little Steps to Make Your Property Sell Faster In many areas of the country, neighborhoods are built in collective groups. Ostensibly, this means there are other properties in your area, maybe a lot, that are very similar to yours. While you may like or dislike this fact, it does raise the issue of how do you make yours standout when trying to sell? My friend, the key is in the details. There are a wide variety of little steps that can make your property stick out in the mind of potential buyers. Remember the key is to make your property appear better than the others, even if it is just a bit. |
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Written by admin
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Thursday, 06 November 2008 |
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The real estate industry is an extremely competitive business. It’s difficult enough competing against other professionals. But, it is further complicated by the fact that obtaining a real estate license is relatively easy. It takes about 70 hours of class work and passing one or two exams. If I were king I would substantially raise current standards. The low cost of entry to a real estate license is a great disservice to the industry. Sometimes it seems everybody has at least two or three friends or family members that have a real estate license. If you need to sell your home is it a good idea to hire family or friends? Well, it depends. Before you sign on the dotted line there are a few things to keep in mind. |
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