Month: August 2017

3 Tips For Property Owners Who Want To Avoid Personal Liability Lawsuits

When a person steps into home ownership, they should also become aware of the liability that they face from those who enter their property. A person who is injured on private property might have the rights to financial compensation for their injury. In this way, owning real estate comes with some risk. But if you want the rewards, often you have to face the risk! There are ways to mitigate your risk and handle property responsibly. Here are three tips that will help property owners avoid personal liability lawsuits.

1. Maintain Your Property

Simple property maintenance will go a long way when it comes to keeping your property safe. Make a plan for keeping your property relatively clear of snow and ice. Update the normal wear and tear as it occurs, so that your home and surrounding areas stays intact. Routine maintenance should be a constant task that you are aware of. Allocate a part of your budget for performing routine maintenance. One of the most common types of personal injury lawsuits is related to a “slip and fall” incident. In order for a private property owner to be found responsible, they have to be considered at fault for the fall. Torn carpeting, poor lighting, and icy conditions that the property owner was aware of, but chose not to fix, could become suspect. Instead of putting yourself at risk as a property owner, take care of these issues as they occur.

2. Hire Experts When Damage Occurs

Property owners are by no means expected to be experts in all areas of maintenance. Just because you have stepped into property ownership does not mean that you will know how to perform repairs to your property. You do, however, need to know how to hire experts. The personal injury attorney Tampa community has experienced this first hand, after hurricanes sweep through the area. Often, the number of case-loads that the community encounters rises in the months and years after a hurricane, because of the damage to homes. Homeowners that do not know how to do repairs properly can come up with dangerous alternatives, which then can cause injuries. This can be avoided by calling in the proper experts. Electricians, plumbers, professional carpenters, and other specialists may know how to complete a job much more thoroughly than you do!

3. Use Your Common Sense

Be sensible about who you invite into your home. In the same regard, use your common sense when it comes to keeping your property safe. No one wants an injury to happen. If you keep your space livable, in a state that you can enjoy and thrive in, others will enjoy it as well. The law is in place to protect everyone, so if you do your part as a property owner, there will be no way to prove that you are negligent or caused the injury.

Property ownership is a wonderful experience. Step fully into your responsibilities as the owner of real estate by becoming aware of the legal issues around personal injury. Talk with your insurance providers so that you understand what your policy covers. Information is power, so continue learning! You have years of reward filled property ownership ahead of you!

How 3D Rendering Changes the Way Realtors Work

3D rendering is an impressive feat of technology which has just recently entered the field of architecture. Companies like RendersĀ 3D Quick can help clients take ideas or floor plans and turn them into realistic three-dimensional images. How does this change the way that realtors work?

 

Imagine that you are describing an idea for a new building. You can imagine it in your mind, but can only use words to describe it. Now think about how powerful it would be to give someone the exact same images that you can see in your mind. You could show them the shining window surfaces, the way the roof is angled, and the way it would feel to walk into the building. These powerful images could help you sell your idea. In addition, a three-dimensional rendering of a place means that real estate agents clients no longer need to be physically present in order to experience a space. Let’s go over both changes.

 

Real estate agents know how powerful visuals are when it comes to selling. They might have to wait for a spec house to be built so that they can walk potential buyers through the room and show them what space looks like. With three-dimensional rendering, a real estate agent could begin selling a home before the home is even built. Instead of just describing it, they could ask a company like 3D Render to make a complete three-dimensional virtual reality visual of the house. This would give the potential buyer a visual experience of the house, and the real estate agent could sell it before it is even built.

 

The second major change for the way Realtors work will come from the physical location aspect of making a sale. Instead of waiting for busy times of the year or fluctuations in a tourist economy, a realtor will have the power to make sales regardless of the physical location of the customers. This opens new avenues of marketing and customer targeting. Realtors from any area can now target customers in any area of the world, regardless of the convenience or ease of attending a showing. A potential buyer will no longer need to be physically present in order to see a three-dimensional model, visually, of what the house or space looks like. Because a virtual reality space can be multiplied an unlimited amount of times, a realtor can “show” space virtually much more times than he or she could physically show it.

 

A three-dimensional image of a building is much more impressive than a two-dimensional photograph or floor plan. Although the potential buyer will want to eventually walk through the property in person, the 3D image will go a long way towards giving them a feel for space.

 

Real estate agents have been leveraging 3D images since the products first became available. Agent Shawn Battle is one example of a real estate agent who began using 3D imaging early and has found success with it. Do you use 3D imaging in your real estate practice? If not, do you think that you want to try it?