Luis Enrique Coll’s Guide to Real Estate

Posted by on May 10, 2018 in Real Estate

Luis Enrique
Luis Enrique
Real estate can seem to be an intimidating industry to get into. Whether you are an average joe, someone who has an intermediate knowledge, or even an expert, you may come across a set of challenges which may still come as a surprise when buying and selling properties.

Despite the challenges, real estate keeps itself as one of the most profitable industries. Property never depreciates in value, and there are a lot of agents gaining profits from buying and selling homes and commercial units. According to Luis Enrique Coll, a real estate expert, here are some real estate investment statistics:

  • Residential real estate investing is in a boom because of the home flipping business
  • Foreclosures can be brought in public markets, which make it accessible for others finding a home
  • Some real estate agents who own properties for rental proved to be a billion dollar business

Given the benefits of real estate investment, many people are not sure about the basic principles in becoming an agent. In this post, we will be looking into Luis Enrique Coll and his guide for the basic principles you need to understand before getting into the real estate business.

Luis Enrique Coll’s Guide to Real Estate

1. Get educated, then get started

Real estate is a complex business, but it is highly profitable at any point in time. The best part about real estate investment is that they give such a high return for a short period of time. Unlike other business models that only give your trickles of profits, real estate can give you returns in bulk.

Consequently, these high returns means that you would also need a larger pocket of money to invest in. There is also a bigger risk when it comes to this type of industry. This is why you need to get educated about the type of real estate niche you choose, then get started right away. There is no wrong time to start in real estate.

2. Establish a good line of credit

If you are planning in becoming an agent or an investor, it is very important to have a good line of credit. There is just an element of trust that comes along an investor with a good credit.

This also gives you the ability to purchase property, recommend property, and get loans which you may be needing to expand your business. Although not a firm requirement, it can help you gain a leverage compared to other investors who cannot scale their business because of poor credit score.

To improve your line of credit, make sure to pay your bills on time, pay your other property mortgage, and be able to record other alternate lines of credit to help you strengthen your score.

3. Start with residential real estate investments

If you are not sure about the real estate niche you will be picking, you might want to start on residential real estate. This niche has proved to be an easy entry point, and would yield quicker profits over time.

New families who are starting their lives together are looking for a home, additionally, people who are moving cross-state may also be looking for a place to stay, either for rental or purchase. People constantly look for this because having a home is a necessity. That being said, it will be easier to find a residential client than a client who is looking for a commercial unit.

As a real estate beginner, you can try getting into residential investments initially.

4. Start your team with trusted individuals

No real estate investor is an island. In fact, a lot of successful investors have networks where they are part of. Through these networks, they are able to find potential customers, and they can get referrals and pass on referrals when needed.

Additionally, your team can help you promote properties, add their knowledge, skills and expertise in help closing out sales for potential customers.

5. Invest in progressive locations

When it comes to real estate, some investors would attest to this quote: “Location, location, location.” This means that you need to invest in sites where people like to live in, where there are great opportunities to start a life, build a career, or be a part of a community.

Progressive locations are your best bet to be successful in real estate. Investing in properties where there is low population, poor opportunities, and other unlikely livable conditions may not be the best idea no matter how affordable you brought the property for.

By keeping mind these fundamental principles, any real estate investor will be able to succeed in the business. It takes moments of learning, steps of action, and continuous progression to earn the best profits when getting into real estate.

Ismail Sirdah Shares Why Your Real Estate Agency Should Hire a Professional Photographer

Posted by on April 27, 2018 in Tips

Ismail Sirdah

Ismail Sirdah

Nothing is more appealing to a buyer than seeing a print ad or a digital photo of a beautiful home. Whether it’s an apartment, single detached, commercial estate, or any property listing under the sun, having visually attractive photos for your buildings is a must.

Ismail Sirdah, a professional photographer, gives us a few statistics on using attractive visuals for marketing:

  • 70 percent more people are likely to click or notice an advertisement when presented with a visually appealing photo. Skip this step and you are losing more than half of your potential customers.
  • Photos are versatile, which means you can use the same content for different types of media. You can add them to a website, print in posters and flyers, or send them to your prospects through e-mail marketing.
  • Images perform the best in most social media platforms and other internet domains as they are easy to load, accessible, and can be shared to other networks.

“Having stunning photos are essential to help generate leads for your real estate business,” Ismail Sirdah remarked. “When you have the right photos for your property, more people will be inclined to inquire about your services,” he added.

In this post, Ismail Sirdah talks about the benefits of hiring a professional photographer for your real estate business.

5 Reasons to Hire a Professional Photographer for Your Real Estate Business

1. High-quality photos build more credibility and trust

When you look at a website or a print ad, the first thing that your eyes are drawn to are the photos more than the content. Real estate is a highly visual business. When people are looking for properties, they do not immediately visit the location. They first look at some pictures they find in directories, ads, or property listings online. If they like what they see, that is the time that they decide to visit the location to ask additional questions.

So in essence, having visually appealing photos are the first step to lead potential clients down the real estate sales funnel. If you don’t have high-quality photos, you lose credibility as a company, and potential customers won’t likely flock to your offers.

2. A professional photographer can add certain elements which may be hard to visualize

If you’re selling real estate during a pre-selling period, it may be hard for buyers to visualize what the property looks like when finished. Additionally, some potential buyers want to see what a property looks like when fully furnished.

A lot of professional photographers are not only skilled in photo-taking, but also in photo editing. They use tools such as Corel Draw, Photoshop, and AutoCAD to help them build visualizations of preselling property. Additionally, photographers can also use these same tools to edit raw images from a property shoot.

3. Photographers understand dynamics of lighting that can enhance the appeal of your property photos

Another important facet of high-quality real estate photography is proper lighting. Lighting is a language that is spoken through art, such as photography. It makes all the difference when one photo is worth sending in a home interior magazine, or something that should be thrown in the trash bin.

Photos with the excellent play of light often have great quality, and this is what potential customers look for. They want to see the property in its best form, and photographers know when and how to shoot for these images.

4. Photographers can also take shots of your agents, your office, and all other facilities that you can add a content to your website

Additionally, you can hire a professional photographer to do other shoot tasks which may not be related to your property offers. For example, if you need content for your website such as official business photos of your agents, or what your office looks like, a professional photographer can do the job.

Professional photographers can also help you cover events such as commercial space openings, house turnovers and other visual media needs for your business. They can be all-around visual artists especially if they have skills in digital media editing.

5. Professional-looking photos have better click-through rates

One of the most recent trends in buying or leasing out property is through online listings. Some of these websites include Zillow or Realtor. If you take a look at these websites, you will notice that the top properties often have professional-looking photos.

This means that real estate properties accompanied with great photography have higher click-through rates, thus making more leads and generating potential customers.

If you want to have a competitive advantage for your real estate business, it may be ideal to hire an all-around professional photographer for all your imagery needs. Pick the ones who have experience in real estate businesses so you’ll be confident that they know the ropes.

Why AI Is Going to Have a Significant Impact on the Real Estate Industry

Posted by on January 4, 2018 in Real Estate

AI or artificial intelligence has become a major factor in modern society. It helps protect people from identity theft and credit card fraud because it can tag photos. It performs tasks, is critical for web development, synthesizes information, and categorizes data. As a futurist, David Lubbat has seen the potential of machine learning in all fields, including real estate. This new technology touches buyers, sellers, renters and real estate professionals. Despite the possibilities, the technology is complicated, but there are numerous benefits for renters in the future.

Artificial intelligence is being used to streamline the procedure for property managers, landlords, and tenants. Property managers are able to recommend management and maintenance tasks, locate new tenants, and find vendors at a lower cost of advanced machine learning. Tenants now have the convenience of paying their rent on the internet, and the chatbots feature enables them to report any issues they are experiencing quickly and easily. This type of technology is fixing a lot of the problems so common to buildings with numerous tenants. Property managers can accurately anticipate and respond to tenant issues without any guesswork involved. This makes the process much smoother for the managers and owners of the buildings.

Chatbots are starting to completely change the field of real estate, and the way business is being conducted. While it is true that it takes a human being to take interested buyers on an actual tour, virtual tours are gaining in popularity and momentum. There are bots capable of answering a wide variety of questions concerning the terms of the lease, the square footage, and many of the most common questions asked in real estate. As the web development and machine learning continue to advance, the bots will be able to answer more questions and even accommodate many of the nuances. This is having an impact on every area of real estate. Commercial real estate brokers are using a platform powered by machine learning to locate and lease office space. The chatbots are finding small to medium sized locations for commercial clients. Please take a moment to browse David Lubbat and his views.

Machine learning not only enables bots to correctly answer the question, if the bot does not know the answer, the call will be transferred to a human representative. This is increasing the number of leads generated and combines the worlds of humans with machine learning. The biggest concern regarding this new technology from the realtors is job automation. There have been a lot of predictions in every industry, and during the next twenty years, fifty percent of the current jobs may be threatened by technology. Many people do not believe this technology is harmless, and are afraid of the possible repercussions in the future. As this concern starts to spread, it is imperative society prepares for significant changes in the workforce of the future.

There are two distinctly different thought processes concerning the new AI technology and the effect this will cause for the real estate agents. The first is the core capabilities of real estate agents can be improved through cognitive computing. The agents would be unified, and their services significantly improved. The second thought process is machine learning could effectively eliminate the need for many of the services provided by the agents. If this occurs, the belief is the only remaining agents would be specialized practitioners. The real estate business must be extremely careful how much of the new software and technology is integrated into the field. The optimal solution would be to increase the efficiency of the process for the buyers and renters, without jeopardizing the jobs of the property managers, brokers, and agents. The changes cannot be ignored because the process has already been set in motion.

Many individuals are expecting a lot of future layoffs for the real estate agents. Although there is currently no solid answer, many people in the field believe there is a way to use AI to support the real estate industry without humans losing their jobs to machines. Technology must be implemented to make businesses human side stronger and more competitive, not eliminate the human factor. This encompasses relationship building, emotional intelligence and customer service. The new technology does offer the real estate field a lot of advantages. There may come a day when new apartments and houses will be shown by robots. The expectation is robots will eventually find roommates, answer complex questions and match the skills of the real estate agents. The change is evolving, and hopefully, human and machines will be able to work together to improve the field.

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

Posted by on August 24, 2017 in Tips

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

Posted by on August 16, 2017 in Real Estate

3D rendering is an impressive feat of technology which has just recently entered the field of architecture. Companies like Renders 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?

, , ,

How To Travel When You Are A Small Business Owner

Posted by on June 22, 2017 in Business, Travel

When you become a business owner, you step out of the role of employee with two weeks of paid vacation, and into a whole new universe. This universe is a place where the concept of taking one yearly vacation goes out the window. Instead, you are working to create a life in which each and every day is lived in the way that you want it. Entrepreneurs, business owners, and self starters all over the world are redefining the way that life is lived on a daily basis. Instead of going to a nine to five job and living in a routine way, you instead have more freedom and flexibility. For many business owners, this means travel. Whether you find yourself on the road more often than not, or if you are struggling to get away from your business for a few nights, there are are some tips for small business owners to consider when it comes to travel.

Plan Ahead

The day to day tasks that business owners handle cover a spectrum that ranges from reactive to proactive. When it comes to traveling, a business owner needs to spend the majority of their time closer to the proactive spectrum. Yes, unexpected things might come up that need to be dealt with, but for the most part you should aim for taking care of things before they become fires in need of being put out. This might mean that you have to work extra hours before scheduled travel in order to get things lined up properly. It is worth taking that time.

Put Automated Systems In Place

Automation is a powerful tool. You can schedule emails to be sent out, schedule blog posts to be published, and automate your bank downloads into your accounting software. The more processes that are automated, the better. This way, while you are traveling those processes will happen like clock-work, even if you are out on a beach enjoying some sunshine.

Invest In Your Business

Small business owners need to invest in their business in order to get processes in place that can take them to success. Capital Alliance is one example of a resource that you can use in order to get funding so that you can invest in the resources that you need. Instead of scrambling with a smaller staff and inadequate tools, invest in the things that make your business run smoothly and skyrocket to success. Having the proper resources will free a business owner up so that they are not trapped in a cycle of feeling behind and overworked. Apply for a loan through a company like Capital Alliance if you are in need of better resources.It will pay off in the long run!

Get Into A Travel Mindset

Let go of your sense of routine. Being overly attached to routine can cause frustration when you are traveling. There will be many aspects of a travel day that do not go as planned, and if you let go of a need to control everything, these surprises can actually be enjoyable! Add in some wiggle-room to your schedule so that these shifts and adjustments do not cause stress.

Carve Out Some Time

It is not necessary to be completely removed from your business while you travel. Once in a while you might find that you are on a vacation and need to be completely unplugged. In that case, you’ll have to put a little more effort into preparing, automating, and investing in your business. But don’t think that just because you are traveling or even on vacation that you necessarily have to be “unplugged”. If you are on vacation, set aside a few hours in order to check in on things and communicate.

Jump to top

5 Tech Tools That Make Home Buying Easier

Posted by on May 25, 2017 in Real Estate, Technology

The process of buying a home can be an enjoyable experience when you have the right tools. Many factors go into the buying decision. Technology has made it easy to collect, analyze and share resourceful information quickly. This enables you to make decisions faster than before and simplify the process. Consider factors such as the location, cost estimates, a reliable realtor, moving, decorating your new home and keeping up with property tax.

Let us look at five tools that can make the process of buying a home easier.

 

  1. Real estate directories and search engines provide a convenient way to find important information about a home. With an internet connection, you can search, view locations and prices, and read reviews about specific localities. Some of the popular services include Zillow and Trulia among many others. You can obtain useful information such as local amenities, transport systems, and home value trends. It is an excellent option to help you figure out where to buy.
  2. Mobile phone apps have become the first stop in our search for information. The real estate sector enjoys a variety of applications that enable you to obtain and process information. There are real estate apps to allow you to get an intelligent agent, estimate the amount of mortgage, view floor plans of proposed houses, plan your move, and decorate your house among others. The apps are cross-platform and available to all devices making this a convenient way to accelerate the home buying process.
  3. Online maps and GPS services provide a convenient way to get a visual impression of the location. Google Maps is an excellent option but compare with available local providers offering niche information. GPS systems come as a standard in most vehicles today, and this makes the perfect case to take a trip out to a proposed home. Updated maps provide a realistic presentation of the location.
  4. Everything looks better on video. Modern digital cameras and mobile devices allow inexperienced users to take clear videos. Aggregate and edit the videos to highlight important sections. Streaming services are available to enable seamless sharing. A video is an excellent way to virtually walk through the property and document different options for quick comparison. It’s a great way to capture the details that cannot be included in the documentation.
  5. Media sharing services enable consumers to share large files quickly. Services such as Google Drive and Dropbox enable you to upload files for online storage and easily share with friends and associates. Social media sites are easily accessible from most mobile devices. They are designed with media sharing as a core element of the service and provide an excellent platform to get feedback on various aspects of the property.

 

As the buyer, you are the target consumer of a lot of information. Tech tools help you collect, analyze, and share information flawlessly. Explore your choices and find a system that works to lower your logistical costs, enables quicker decision and smoothens an otherwise complicated process. Working with professionals such as Martin J. Stallone is a great way to guarantee that you get the information you need to purchase your next home.

5 Real Estate Photo Tips

Posted by on May 8, 2017 in Real Estate

1. Make Good Use of That Tripod.

What’s it even there for if you never use it; am I right? Pull out that sucker and show the positioning field of scope what it’s all about, my friend; you’ve got the power. HDR techniques are especially useful with a good tripod by your side. There’s so much more that a tripod allows you to do as it frees your hands and mind even more.

2. Bring Plenty of Flashes with You.

You never know when you’ll need them, and it’s usually when you least expect to use them. This has been the case with multiple new or seasoned photographers, and a good real estate photographer should be no less professional when he takes that money shot.

Whether in daylight or night-time darkness, you’ll be prepared.

3. Work within a Specified Contract, and Never Let It Leave Your Side.

As obvious as this fact would appear to most, you would be surprised to note the number of people that often fails to consider it or value its importance. The result is astounding, yet the simple point must be likewise repeated: Always read the fine print and understand it first. Never enter a contract until you’re fully certain of its terms and implications even if you assume that you know every dot and tittle. It never hurts to ask before signing away; in fact, it’s your right to do so. Keep your contract with you in case you need to review or address a part of it to the client.

4. Be Flexible and Relax: You’ve Got This. Open Yourself to the Possibilities.

The f word is key in this industry, and I don’t mean the f word that you’re probably thinking of: I refer to flexibility. This is an industry that requires much re-scheduling, re-shooting, re-pricing and overall re-planning. Are you prepared to handle such a flow? If not, then this may not be the best choice of careers for you. Sometimes the client or your boss will say, “Scratch that” and begin a new line of thought, leaving you scrambling to pick up the pieces within the looming deadline.

5. Make Pre-Set Editing a Friend.

This saves you both time and extra effort in the long run. Different cameras have varied settings for this with some far more elaborate than others and others far more elusive – yet nearly all professional cameras feature these settings unless yours was made before 1990 or some similar time. All joking aside, this is the first thing that you should do after you get your new camera: Learn its settings and features as you diligently browse that manual. Memorize the pre-set options so that you can use them as needed, and then apply them to your settings manually or automatically.

Rocco Basile has much to offer, so listen up. This special leader offers more tips on his main website. Check it out.

,

Arturo Alvarez Demalde Picture

Posted by on February 12, 2017 in Travel

You want to organize your closet if it is full of containers and you can barely go all around due to the fact of the clutter. Getting dressed every day wouldn’t be this sort of a problem if you could uncover what you are searching for. Organizing your closet would give you a possibility to view all your like objects at the exact same time and make a decision what you want to put on.

Even a lot more fun is on Saturdays when we go climbing collectively as a household. They’re nevertheless also young to hike really considerably on their very own feet (although they insist at moments), but they’ve currently developed an passion for becoming out in Alvarez Demalde. Every single rock and tree and stream is intriguing to them, a lot more so than all the blinking lights and loud noises discovered at the neighborhood Chuck E Cheese.

cool training

Another use of pump at house is for the modest fountain and pond in the yard. A basic backyard garden gets to be particular when there is little fountain in the center. You can purchase all the supplies essential to set up this in your garden from your neighborhood retailer or even in online components stores. When you decide to install this at house, you don’t need to have an costly pump. One thing that can give a hundred and twenty GPH (gallons of h2o for each hour) is excellent ample. Ponds are also superb addition to the landscape and drinking water pump is also required for them. There are also a lot of choices for this kind of tools if you want to boost your backyard garden.

Alvarez-Demalde

Arturo Alvarez-DemaldeSpace and Ventilation: Think about your camping gear and the number of persons who will snooze within the tent. It should be roomy adequate to accommodate the individuals and the gear. It is critical to have openings on all the sides, as it will help preserve correct air flow and air flow.

Why not begin by covering a wall at the stop of a mattress, or looking to fill an inlay or alcove. Arturo Alvarez Demalde Cabinets can also look great with sections of wall paper extra.

Harvey: We will keep on to play and keep on to make tunes we enjoy collectively every likelihood we get. Our targets are realistic and we have our eyes set on the solar. Previously mentioned all, we hope that individuals appreciate listening to our music as significantly as we have appreciated producing them with each other. It indicates the globe to us.

, ,

CreditUpdates.com New Partnership to Help Homeowners Prepare

Posted by on July 13, 2016 in News, Real Estate

Purchasing a new home can be stressful and emotional for everyone involved. There are many steps in the real estate journey from finding a trusted realtor to researching neighborhoods. Before beginning the journey, prospective homeowners should gather their financials. A new partnership between CreditUpdates.com and ScoreApprove will help streamline this preliminary step in the home-buying process. Using the ScoreApprove web application, agents are able to invite their prospective homeowners to a free Home Affordability Assessment. Upon completion of the assessment, a Home Affordability Certificate is given with an estimate of the customer’s home-financing capabilities and TransUnion credit score provided by CreditUpdates.com. This new partnership offers some relief in an often long and strenuous process.

1 … 5 6 7 8 9 … 19