10 Tips For Choosing a Real Estate Agent

Whether you are buying or selling a property, choosing a real estate agent may be the most important decision you make. Good real estate agents can save you a substantial amount of time and money. They can also ensure that the buying or selling process is an enjoyable and memorable experience. Here are some tips for choosing a real estate agent:

1. Ask Friends/Family for Referrals

Ask family and friends for their advice on local agents. This way you will be sure to find an agent with a good reputation.

2. Consider More than One Agency

There is an array of agents that will kill for your business. That is why you should interview as many agents as you can. Compare agents with regard to their knowledge of the area, experience and qualifications. Also, ask for references from previous clients.

3. Choose an Agent that Knows the Importance of Customer Care

While interviewing different agents you will be able to establish their level of customer care or how far they will go to satisfy the customer. Look at things like their attitude towards returning phone calls and their willingness to meet with you.

4. Choose an Agent that Handles Homes in Your Price Range

When you opt for an agent that deals with homes in your price range, you will be sure to end up with an agent that will give his or her best effort. Some agents deal only with high-end properties and are used to high commissions. They are more likely to attend to these properties first.

5. Choose an Agent that Respects Your Time Schedule

If you will not be able to view properties during office hours, you need to find an agent that is willing to do business after hours or over weekends.

6. Look for an Agent that You Can Communicate With

Communication is vital when buying or selling real estate. Make sure that you choose an agent that understands your needs and that communicates them well. You will be best off if you choose and agent that registers a high level of comfort with you or with whom you are compatible with.

7. Choose an Agent that Provides Multiple Services

It will be a bonus if you can find an agent that can handle the buying/selling process as well as other additional services like arranging property inspections or who can refer you to a trustworthy real estate attorney.

8. Choose an Agent That Can Negotiate

Negotiating skills is an essential quality of a good real estate agent. Make sure you choose and agent with impeccable and proven negotiating skills.

9. Choose an Agent with Lots of Resources

Ask agents where your property will be advertised. Make sure that the agency uses print advertising (newspaper/magazines) as well as other promotional material such as brochures. Also check if the agency makes use of the Internet for advertising their listings.

10. Follow Your Instinct

Choose an agent that makes you feel comfortable and whom you trust. You level of comfort and satisfaction will let you know if you’ve met the right agent.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Elizabeth Mclachlan

How Can You Find a Reliable Real Estate Agent?

There are a lot of real estate agents that can be found everywhere, and they can be categorized as a professional and a salesperson. A professional is someone who can provide you with advices regarding real estate properties; something that will be beneficial for you or your business. A salesperson is someone who will do anything just to convince you to purchase the property, and this is the person whom you don’t want to deal with.

Here is the step by step guide that you can follow whenever you are looking for a reliable real estate agent:

Search the Internet and create a list of all the agents that you found.

Look for their website or contact details to learn more about them.

Contact them and try to start a conversation with them.

Try to categorize the way they talk to you, and this will show you who the professional really is.

A professional agent can provide you with advices based on facts! Fact is the keyword. If he can provide you with information that will be useful for you, then he is a reliable real estate agent. For example, you ask them;

„There is someone who told me that the prices of properties will go down this year, is that true?“

A professional real estate agent will tell you;

„I cannot answer that because no one can pinpoint whether the prices of properties will go up or down, but based on my records for the past few years, the prices of real estate properties had an average increase of 3.5%. Using this information, I can tell that you that a 30% decrease in value is farfetched.“

A salesperson will tell you;

„A downfall in the market is farfetched and is very impossible. I have here a list of all the properties that are downfall-proof, and you can be sure that they will remain stable regardless of the condition of the market.“

From here, we can already tell which of these agents is more professional. Both believe that the price of properties will remain the same, but the base of their answers are different. A salesperson is someone will tell that you everything just to get you to purchase a property. He’ll even tell you that a property is a prime commercial space even though it is located in the middle of the forest.

This is one of the best methods that you can use in order to find a reliable real estate agent. It is true that agents are eager to sell a property for you, but a professional is not „that“ eager that he’ll do sales talk just to get you to buy a property and spend your money on something that is not worth your money.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Todd P. Miller

No Down Payment Home Is Available Through a VA Loan

Military men, veterans, reservists, and even their spouses usually worry of their future stability. This includes the fear of not being able to purchase their dream house and not being able to provide comfortable dwelling for their families. Most of them fear of availing housing loans because of the high down payments associated with them. Add this to the concern of how they are going to repay for the monthly dues and majority of them will just walk away from the programs no matt how tempting they sound.

These worries can be erased by the veteran home loan or financing. It is especially designed for military men, reservists, and other qualified individuals. Under this program, they can easily avail of their dream house without the stress induced by the thoughts of having to provide certain amount for the down payment. Yes it is true! VA loan or veteran financing requires no down payment.

Comparing it with the traditional home loans which typically require 20% down payment of the total price tag of the house being sold, the VA home financing provides borrowers a sigh of relief as this component is non-existent. The usual amount allotted for the down payment can be allocated for other purposes. In this matter, experts recommend to use the amount for other home-related expenses such as beautification, décor, or purchase of home appliances, furniture, and fixtures.

The no down payment scheme of veteran home financing is just one of the good things that come with it. If you are to talk to specialists in this type of loan, you’ll know that it is actually beneficial too in terms if you are to deal with the right professional who can strip you of time-consuming completion of numerous paper works. Fit for a very busy lifestyle a qualified individual possesses. There can also be parts of the forms which may be difficult for others to understand. Yet, with the assistance of a reputable professional – this can be of ease and properly filled out.

If you think that you are qualified for this type of loan because you are actually a military man or reservist or perhaps a spouse of one, now is the time to pursuit your dream of owning a house. Talking to a certified military relocation professional can be of great help particularly when the one you’ll choose has also deep knowledge of the real estate industry.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Desare A Kohn-Laski

Improve the Health of Your Employees – And Save Money!

As business owners, we are responsible for the environment of our workplace. Everyday operations and productivity are dependent upon a healthy workforce, but all too often this is not the case. According to the Occupational Safety and Health Administration (OSHA), poor indoor air quality (IAQ) has been linked to headaches, fatigue, trouble concentrating, and irritation of the eyes, nose, throat, and lungs.

There are many factors that affect IAQ. They include poor ventilation (lack of outside air), problems controlling temperature, humidity, plus remodeling, and other activities that can affect the fresh air coming into the building. In some cases, contaminants like dust from construction or renovation, mold, cleaning supplies, pesticides, or other airborne chemicals may cause poor IAQ.

As if that isn’t enough, certain diseases like asthma have been linked to specific air contaminants or indoor environments. In addition, substances such as asbestos and radon do not cause immediate symptoms but can lead to cancer after many years of exposure.

Poor IAQ has Dramatic Impact on Health & Economy

Poor IAQ is a major health concern. There are 4.5 million ER annual visits for environmentally responsive/sensitive illness. These emergency room treatments represent over $20 billion in healthcare costs each year in the U.S. And that does not even include lost wages to an employee or lost productivity to the employer.

When you add up the cost of healthcare, lost wages, and lost productivity, the annual cost of environmental illness is greater than that of the EPA and OSHA’s budgets combined. This is more than we spend as a nation to have these agencies regulate and oversee workplace environments!

What to do? First, Notice the Symptoms

People working in buildings with poor IAQ may notice unpleasant or musty odors or may feel that the building is hot and stuffy. There are also the previously mentioned symptoms such as headaches, fatigue, eye, nose, throat irritations, but also others such as fever and shortness of breath.

Optimizing IAQ is the Only Real Answer – but how?

But not all exposures cause symptoms, so there is no substitute for good building management. This brings us to point two.

The employer needs to upgrade the business’s HVAC system. He should consider installing an automatic ventilation controller. As the name suggests, modern „controllers“ are revolutionizing the HVAC industry by controlling, or tying, each aspect of the HVAC system – heating, ventilation, and air conditioning – together for maximum efficiency. This efficiency is imperative since you cannot fix OAQ (outdoor air quality) but one can optimize IAQ.

Without proper ventilation – defined as the exchange of indoor air and outdoor air – contaminants such as radon, formaldehyde, volatile organic compounds (VOCs), and other pollutants can build up indoors, leading to potentially serious health problems such as the ones listed earlier in this article. This can be especially true in small commercial businesses that have many noxious chemicals in the air. A small nail salon would be but one example.

How do they work? SMART ventilation controllers connect to the duct system and use indoor and outdoor sensors to automatically turn off AC when humidity is low and temps are comfortable – pulling fresh, cool air inside – while flushing bad air with its contaminants outside. Unlike older indoor air ventilation systems like smoke evacuators in bars and ASHRE ventilators in homes and small businesses, SMART ventilation controllers only flush the indoor air with outdoor air when the outdoor air quality (OAQ) is better than the IAQ. Essentially, with a SMART ventilation controller, IAQ is addressed 24/7.

Summary

It’s true that SMART ventilation controllers are not inexpensive. There are other, less expensive upgrades that will help improve IAQ, like changing air conditioning filters regularly, and other options described in other articles in this series.

However, when one considers the financial drain that poor IAQ is having on the economy and people’s health, a state-of-the-art SMART ventilation controller is an investment that can be expected to reap dividends over time. Besides, isn’t your employees‘ health worth it?

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Allison A. Sakara

How to Sell Your House Without a Realtor

The problem that most people have when they try to sell their house is to decide if they will use a realtor or not.The average commission of a real estate agent is 6% of the house price. So if you have a 200k $ house and you sell through a realtor you will pay him 12000 $.Wouldn’t be nice to keep that money for yourself? I am more a business person and without even thinking I will decide to keep the money for me and my family. Don’t think that it would be a easy job because it wouldn’t but why pay that kind of money to a person for a maximum 4 week job, and why not do it myself with a little advertising and some preparations? I will tell you how to sell your house without a realtor in the next lines so stay concentrated because if you apply them correctly you can earn a bit of money and sell your house (the main objective).

What you must know before discussing how to sell your house without a realtor? There will be a lot of work, that could require some time off your job or your daily activity.I mean that if a potential buyer calls and ask if they could see the house you mustn’t refuse the proposal, because buyers don’t like to wait and they will search for a house in another place. The feeling that you will have when you sell your house and keep that 6% will probably transform you into a real estate flipper. Real estate flipping is when you buy a house and sell it for more, maybe with some improvements.Many people do this and they earn an average annual salary in one month or less. You do the maths for this one.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Nicusor Valentin Prefac

Selling Your Own Home – Are the High Priced Commissions Really Worth Having a Realtor?

It really does not matter whether you are selling a house or trying to buy a house, the real estate agent will say that they are working for the seller. On the other hand, if they are trying to find a home for the buyer, then they will say they work for the buyer. No matter what works for them is what they will do. Keep reading if your interested in selling your own home.

In reality, the real estate agent works for themselves alone. They want to get their business built up and earn a good reputation. They need to get their name out there as much as they can, so they try to sell as many and list as many houses that they can get their hands on.

For Sale By Owner (FSBO) signs are vastly different from a real estate agent sign. The FSBO lists the listing ID and a phone number, or maybe even a website. This type of FSBO services keeps the focus on selling your home, which is exactly what you want to do. They will deal with the owner directly and not have to go through a real estate agent. All the real estate agent is concerned with is selling the homes with the larger commissions. If your home is not one of these, then you real estate agent will not try very hard.

If you will look at a sign from a real estate agent, you will notice their picture on the sign, their logo, and their business name. The agent really is not focused on the seller, they are more interested in building up their name and getting their business and picture out there for everyone to see.

The seller is going to have to pay a lot of money to get a big name agent. Many times the agent is so busy you will not even get to meet them face to face. They will most likely send out someone who works for them to get the job done. You really need to do your research and find out if it is worth it to you to hire a real estate agent so they can build up their name and business, or if you would rather sell your own home and save giving the commission away.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Jackson Montgomery

Real Estate Agent – The Pulse Of Real Estate Industry

Nowadays we can see that people are using property business sites to buy or sell their properties through online. The websites are playing an important role in every, because all services are in our finger tips. Therefore people searching for the products and services through internet. In this the main drawback of this is that we can only look the property but we can never get a look and touch feel.

The real estate agents act as a remedy for this problem. It is also noted that the first time home buyers select a property business agents to find a good last long property with a negotiable price. Every home buyers and sellers start their real estate transaction by contacting an asset agent. So we can say that the real estate agents are the real pulse of a real estate industry.

A real estate broker is a person who acts as an intermediate channel between the sellers and clients of a real estate property. The first and main job of a real estate agent is to find the sellers who wish to sell their property and the buyers who wish to buy the properties. The people seek the help of an estate agent because when the go to a marketing website sometimes the proper link of the asset doesn’t work.

The property brokers are the expert in the process of buying a property or to sell a property. They reduce the complexity in the price negotiation. A real estate agent is a 24 hour sales service who helps to get a good property for the client.

A good real property agent can be able to advise you to choose a best way to sell your property. They help you to estimate the real value of your property. He or she can help you to market the property through online marketing or an open house method.

The property industry agents can provide Multiple Listing Service which help for the standard listing of your property. Therefore many property buyers and property sellers can view and approach you. Sometime some of the agents only work for the buyers and some will work for the sellers only. He can provide various types of services depending upon the property for which he is appointed by the owner on behalf of the owner.

For a good broker he needs to have a good communication skill and he must be able to coordinate various people.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Shalet Shalu Bernard

Healthy Living Ensured for Pregnant Couples Through HUD Housing Assistance

If you are pregnant and if you do not have a proper housing facility to dwell, this could be a matter of concern for you. This is because a safe and secure housing is a foremost necessity for you and your unborn baby. However, pregnant couples can find themselves a safe housing facility through a housing assistance program. This housing assistance comes from different Federal Government funded grant programs. Keep in mind that the housing assistance does not come from the Federal Government itself. But many grant-making agencies such as action community agencies and non-profit organizations participate in giving out the housing assistance to the qualified and eligible pregnant couples. Housing grants for pregnant couples can comprise immediate shelter assistance, housing for longer times and home-ownership programs.

During pregnancy, in order to get housing assistance, you must bring your immediate shelter needs to the concerned authority. These authorities can be county, non-profit organization and charitable organizations sponsored by the federal government. As a pregnant couple, you can visit pregnancyandchildren.com and womensshelter.org sites to get information on immediate shelters for pregnant women.

Though government assistance is a time-consuming matter, housing assistance for pregnant couples from the federal government can be of a great relief for you. Once you are determined eligible, you can receive various financial assistance to meet your housing needs. Amongst different housing grants regulated by the federal or state government, Temporary Cash Assistance for pregnant couples in the immediate needs of housing may help. On the other hand, while exercising the benefits of instant, medium and long-term pregnancy shelter under this program, take advantage of the Temporary Cash Assistance for Needy Families (TANF) program. Besides addressing your housing requirements, taking care of your essentials like food, clothing, medicines during your pregnancy is an important responsibility of TANF. Every state in the U.S administers the grant program, hence; applying for the program through your state organization will not be a tough chore. Benefits under this program can be available for 5 years.

Section 8 Housing Choice Voucher (HCV) Program is considered one of the effective housing assistance programs for pregnant couples in the U.S. This program is administered by the federal government under the U.S Department of Housing and Urban Development. Considering housing assistance for pregnant couples, you can receive monthly housing choice voucher to afford a safe, decent and sanitary housing facility in the private market. Any individuals from low-income or very-low-income households can benefit from the program. With cash vouchers easily available from HUD, you can choose your housing from single-family homes to apartments to townhouses. However, remember that the housing facility must meet the living and safety standard as mentioned by HUD while house hunting in the private market.

How to Apply for Housing Choice Assistance

You can visit the Housing Choice Voucher program website to register your application. In this regard, your state HUD office can assist with housing. Once you are found eligible, you can receive grants for housing. Hence, with a safe and decent housing facility, you can ensure safety and security for your baby and you as well.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Deepa Majumder

Addicted to Real Estate – Why I Can’t Stop and Why You Should Start

The All-Money-Down Technique

So how does the all-money-down technique work by purchasing a home with cash? First of all, let me repeat that I really didn’t have any cash, but I had a significant amount of equity from Terry’s home and several homes that I owned put together to give me a substantial cash down payment. Banks and mortgage companies alike will accept money from a home-equity line of credit as cash to purchase a home. At least they did in 1997 under the financial guidelines of the day. What you must remember about mortgages and lending is that the guidelines change constantly, so this technique I used in 1997 may or may not be able to be used in the future. Whether it is or isn’t able to be used again doesn’t really matter to me as I believe that there will always be a way to buy real estate with limited money down sooner or later. There will always be a technique to acquire real estate but exactly how that will be done in the future I’m not completely sure.

I began purchasing homes in the Mayfair section of Philadelphia with the prices in the $30,000 to $40,000 per home price range. I would purchase a home with three bedrooms and one bathroom on the second floor with a kitchen, dining room, and living room on the first floor and a basement. What we call a row home in Philadelphia would consist of a porch out front and a backyard the width of the home. Most row homes in Philadelphia are less than twenty-two feet wide. For those of you who are not from Philadelphia and can’t picture what a Philadelphia row home looks like, I suggest you watch the movie Rocky. Twenty-two homes on each side of every block will really test your ability to be a neighbor. Things that will usually cause an argument with your Philadelphia neighbors often stem from parking, noise your children make, where you leave your trash cans, parties, and the appearance of your home.

In 1998 my girlfriend and I moved in together and to the suburbs of Philadelphia called Warminster. After living on a street in Tacony, much like Rocky did, I really looked forward to having space between my home and my next-door neighbor. I told Terry not to even think about talking with the people who lived next door to us. I told her if one of them comes over with a fruitcake I am going to take it and punt it like a football right into their backyard. I believe I was suffering from Philadelphia row home syndrome. My new neighbors in Warminster turned out to be wonderful people, but it took me eighteen months before I was willing to learn that.

So you just bought your row home for $35,000 in Mayfair, and after $2000 in closing costs and $5000 in repair costs, you find yourself a good tenant who wants to rent the home. After renting the home with a positive cash flow of $200 a month, you now have an outstanding debt of $42,000 on your home equity line of credit that will have to be paid off. When purchasing the home, I did not get a mortgage as I just purchased a home for cash as it is said in the business. All monies I spent on this house were spent from the home-equity line of credit.

The move now is to pay off your home-equity line of credit so you can go do it again. We now go to a bank with your fixed-up property and tell the mortgage department that you want to do a cash-out refinancing of your real estate investment. It helps to explain that the neighborhood you purchase your property in should have a wider range of pricing as the neighborhood of Mayfair did in the mid-90s. The pricing of homes in Mayfair is quite unusual as you would see a $3000 difference in home values from one block to the next. This was important when doing a cash-out refinancing because it’s pretty easy for the bank to see that I just bought my property for $35,000 regardless of the fact that I did many repairs. I could justify the fact that I’ve spent more money on my home to fix it up, and by putting a tenant in, it was now a profitable piece of real estate from an investment standpoint.

If I was lucky like I was many times over doing this system of purchasing homes in Mayfair and the appraiser would use homes a block or two away and come back with an appraisal of $45,000. Back then there were programs allowing an investor to purchase a home for 10 percent down or left in as equity doing a 90 percent cash out refinance giving me back roughly $40,500. Utilizing this technique allowed me to get back most of the money I put down on the property. I basically paid just $1,500 down for this new home. Why did the mortgage companies and the appraisers keep giving me the numbers I wanted? I assume because they wanted the business. I would only tell the bank I need this to come in at $45,000 or I am just keeping it financed as is. They always seemed to give me what I wanted within reason.

This whole process took three to four months during which time I may have saved a few thousand dollars. Between the money I saved from my job and my investments and cash out refinancing, I had replenished most or all of my funds from my home-equity line of credit that was now almost back to zero to begin the process again. And that is exactly what I intended to do. I used this system to purchase four to six homes a year utilizing the same money to purchase home after home after home over and over again. In reality, the technique is a no-money down or little money down technique. At the time maybe I had $60,000 in available funds to use to buy homes off of my HELOC, so I would buy a home and then replenish the money. It was a terrific technique that was legal, and I could see my dream of being a real estate investor full-time coming to an eventual reality even though I wasn’t there yet.

During the years from 1995 to 2002, the real estate market in Philadelphia made gradual increases of maybe 6 percent as each year went on. I began to track my net worth that was 100 percent equity, meaning I had no other forms of investments to look at when calculating my net worth. Generally speaking, the first five years of my real estate career did not go well because of the bad decisions I made purchasing buildings and the decline in the market. Furthermore, my lack of knowledge and experience in repairs made it a rough. The second five years of my real estate career that I just finished explaining didn’t make much money either. I supported myself primarily through my career as a salesman, but I could definitely see the writing on the wall that down the road real estate was going to be my full-time gig.

Realty Professionals of America

I own an office building that has a real estate company as a tenant called Realty Professionals of America. The company has a terrific plan where a new agent receives 75 percent of the commission and the broker gets only 25 percent. If you don’t know it, this is a pretty good deal, especially for a new real estate agent. The company also offers a 5 percent sponsorship fee to the agent who sponsors them on every deal they do. If you bring an individual who is a realtor in to the company that you have sponsored, the broker will pay you a 5 percent sponsorship out of the broker’s end so that the new realtor you sponsored can still earn 75 percent commissions. In addition to the above, Realty Professionals of America offers to increase the realtor’s commission by 5 percent after achieving cumulative commission benchmarks, up to a maximum of 90 percent. Once a commission benchmark is reached, an agent’s commission rate is only decreased if commissions in the following year do not reach a lower baseline amount. I currently keep 85 percent of all my deals‘ commissions; plus I receive sponsorship checks of 5 percent from the commissions that the agents I sponsored earn. If you’d like to learn more about being sponsored into Realty Professionals of America’s wonderful plan, please call me directly at 267-988-2000.

Getting My Real Estate License

One of the things that I did in the summer of 2005 after leaving my full-time job was to make plans to get my real estate license. Getting my real estate license was something I always wanted to do but never seemed to have the time to do it. I’m sure you’ve heard that excuse a thousand times. People always say that they’re going to do something soon as they find the time to do it, but they never seem to find the time, do they? I try not to let myself make excuses for anything. So I’ve made up my mind before I ever left my full-time job that one of the first things I would do was to get my real estate license. I enrolled in a school called the American Real Estate Institute for a two-week full-time program to obtain my license to sell real estate in the state of Pennsylvania. Two terrific guys with a world of experience taught the class, and I enjoyed the time I spent there. Immediately after completing the course at the American Real Estate Institute, I booked the next available day offered by the state to take the state exam. My teachers‘ advice to take the exam immediately after the class turned out to be an excellent suggestion. I passed the exam with flying colors and have used my license many times since to buy real estate and reduce the expenses. If you are going to be a full-time real estate investor or a commercial real estate investor, then you almost have to get a license. While I know a few people who don’t believe this, I’m convinced it’s the only way.

I worked on one deal at $3 million where the commission to the buyer’s real estate agent was $75,000. By the time my broker took a share, I walked with $63,000 commission on that deal alone. With the average cost per year of being a realtor running about $1200 per year, this one deal alone would’ve paid for my real estate license for fifty-three years. Not to mention all the other fringe benefits like having access to the multiple listing service offered too many realtors in this country. While there are other ways to get access to the multiple listing services or another program similar to it, a real estate license is a great way to go.

Some of the negatives I hear over and over again about having your real estate license is the fact that you have to disclose that you are realtor when buying a home if you’re representing yourself. Maybe I’m missing something, but I don’t see this as a negative at all. If you’re skilled in the art of negotiation, it’s just another hurdle that you have to deal with. I suppose you could end up in a lawsuit where a court of law could assume because you are realtor you should know all these things. I don’t spend my life worrying about the million ways I can be sued any more than I worry about getting hit by a car every time I cross the street.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Phil Falcone

Is the Most Current Real Estate Information Really Available to You?

It is a general misconception that Realtors and multiple listing services (MLS) available online provide the most reliable and timely information about the current state of any local real estate market. While it is true that people in the profession have a good understanding of broad sales trends and price movements, they rely on outdated information that is based on past trends in sales of comparable properties in large market areas. However, what is true for the board (macro-level) housing market may not necessarily be true for the small (micro-level) market. And usually it is NOT.

Factors that affect home prices, such as job and income growth, may differ substantially among different neighborhoods in a broader housing market, which would thus reflect in different ways on future demand and values of homes between the broader and the block-level markets.

Therefore, Realtors and the Web-based MSLs, such as RealtorTrack.com and Zillow.com, which rely on trends in broad markets and use as benchmarks prices that may reflect speculative demand and other non-core demand drivers, fail to provide accurate information about the state of housing in any small local area. What’s more, they cannot offer any insight into the future price developments for any particular market or hyper local market or Census Block Group.

However, tools has been developed as an analytical tool that provides reliable information of current changes at a block (neighborhood) level. The Home Value Predictor is also the only available online tool that provides information about future price movements in both broad real estate markets and block-level housing markets. It offers data that is more reliable than the realtor-based price information because it relies on multiple variables, such as job and disposable income, migration, and other primary drivers of demand that determine price growth in any particular block-level market. This is important because real estate is truly a local market for which only the price information that relies on variables that are specific for that particular micro-level market can offer the accurate picture of current and future market trends.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Eddie Godshalk

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