What You Should Know About Choosing A Listing Agent

Posted by on Jan 20, 2018 in Business |

Choosing the right listing agent to help you sell your house is one of the most difficult tasks to do in the entire selling process. However, the help of a listing agent cannot be ignored, especially in determining the price and marketing the property. It is important, therefore, that you choose the right agent who will do his best to give you a strong position in the market and make an initiative to promote your best interest.  

When choosing an agent, look for someone who can recommend a better price based on different factors. A good listing agent will not always agree with your asking price assessment. He will discuss to you the right price for luxury real estate Hillsborough CA – which is not too high nor too low- based on complete data he gathered including comparable prices, pending sales, active sales, and market trends.  

He will suggest a price range where he thinks the price of the property falls. The final say about the price still lies in you. As long as you choose a price within the range that the agent has given, it will be okay. Remember that the agent is also thinking about his sales commission. If he doesn’t agree with you in putting the highest price tag for your home, it means he is thinking of how to sell your house effectively, not on how high his commission will be. 

There are cases when an agent will settle for a lesser commission. These include: 

  • When you are selling than buying a new home, with both transactions being given to the same agent;
  • When you are helping him do his responsibilities including marketing, advertising, and pay for expenses related to sales;
  • You promise to give the agent referrals;
  • You are selling more than one home; and
  • When an agent accepts pro bono job (very rare).

What are the things that you listing agent can do for you? At the minimum, a listing agent is expected to promote your property on different marketing platforms. He will aid you in price negotiation to make sure you are going to receive the profit that you deserve. Once you accept the offer, he will help you with all the closing procedures and do everything in between. 

You will be in constant communication with an agent for three months or more. It is important that you find an agent who knows his job very well, with the right education, trustworthy, takes marketing initiatives, great negotiation skills, and promotes an open communication. 

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Renting Or Leasing, Which is the best?

Posted by on Jan 18, 2018 in Business |

Owning a home is a very big responsibility, some people are just not keen on the idea of being tied to a single place for a long time. They want to have the flexibility of being able to live where they want to. For them, renting or leasing a place to stay is better than owning a property. For savvy Real Estate investors, they buy properties in the hope of earning passive income from their assets in the form of rental income. First, let’s discuss some important terms. 

Landlord – is the person or business entity who owns the property and puts it up for rent.  They take care of the property when it has no current tenants and works on getting the place rented out in order to earn passive income. 

Tenant – the person who needs a place to stay for a certain period of time. Their reasons can vary from still not being able to afford to buy their own house just yet, they just relocated to a new place because of employment reasons, or they just need a place to stay for a certain period. 

Rent – the agreed fee the tenant pays the landlord on a monthly basis relative to the time he or she occupies the rented property. It is usually the landlord that sets the amount of the rental fee. If the property is located in the city, expect the amount to be much higher compared to a property for rent in the rural areas. However, the tenant can always negotiate a lower rental fee in exchange for some conditions. 

Lease – long-term binding agreement or contract between landlord and tenant that stipulates the length of time the place must be occupied, the rental fee for the duration of the lease agreement, who pays for any kind of repairs, or penalties in case the tenant fails to complete the term. Lease terms can range for a year and some can go as long as 3 to 5 years.   

So, if you’re either a landlord or tenant, which is the best option for you, Renting or Leasing? 

If you’re a landlord, leasing your property makes more financial sense as you know for sure how long you’ll earn rental income. When the lease agreement is about to end, you’ll know if the tenant would renew the agreement or not. This gives you a lot of time to look for another tenant in advance if in case the tenant wants to move out after the contract expires. The only downside is you can’t adjust the rental fees at any time the contract is in effect. If the rental rates in the area go up, the tenant is protected from such conditions. 

If you’re a tenant who’s unsure about your next move, renting on a monthly basis is often your best and only choice. It gives you the freedom to move at any time in case you land a better paying job elsewhere without fear of breaking any lease agreement. You’re free from the huge costs of owning and maintaining your own house. On the downside, landlords may charge you more as they are uncertain about how long you’ll rent their property. 

Overall, renting or leasing has its own set of pros and cons. Assess your needs and go for what gives the most value for your money. 

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Should You Lease Your Home?

Posted by on Apr 20, 2017 in Business, Real Estate |


One way to earn passive income is by investing in real estate and let the cost of the investment pay off itself over its useful life. An example comes from leasing out the property for use by others. Before actually leasing your property, it is important to understand that there are positives and negatives to leasing out your home. Making this decision to lease out your home could have a major effect on your financing as well as credit history.

The United States is a country that has seen its fair share of real estate booms as well as busts where most Americans decided to take the plunge and obtain properties amid the blast time frames however after the market slammed, they wound up with property they could not afford. This affected millions of Americans.

If you happen to have a property which you rarely use, one option to consider is to lease out the property not only to earn rental income but also brace against future shaky trends in the real estate market. This alternative would be much better than the option of selling it or risking foreclosure.

The following are other pros and cons to consider:


  • Like what the opening sentence of this article alluded to, leasing is a way to earn extra income and as long as the rent is set at a reasonable price reflecting market trends, you should be able to cover mortgage payments and other expenses.
  • Leasing helps to hold a property down especially during periods where the market is undergoing a bust as this prevents the negative options of selling or foreclosure. When the market recovers, your property also stands the chance of attracting higher values.
  • The older the mortgage is on a rental property; the more favour it attracts to your credit viability.
  • The burden of mortgage payments is shifted onto the earning of rental income and it relieves the income from other sources such as your earned income.


  • One thing that every property owner should make an effort to understand is that real estate busts have a negative effect on the housing market so the values of the homes are always affected. This might lead to you the owner owing more money on a property than its worth.
  • The amount to be charged as market rent often fluctuates which makes it difficult to correctly affix a price that best suits the property. As a result, most home owners find themselves with property that produces less rental income than expected and the homes can often sit idle for months if the rent price is not in line with market trends.
  • Leasing out your property is one activity that is energy draining. Not only do you have to screen applicants but you must make yourself available to handle any complaints or maintenance duties.
  • A rental property that has mortgage on it is going to be reported to the credit bureau and this shows up on your current liability and also affects your credit rating and ability to apply for financing.
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How To Be Smart When Choosing Real Estate Agents

Posted by on Apr 12, 2017 in Business, Real Estate |

You need to be keen and smart when considering whether a Real Estate agent is the right one for you or not. Take note of how an agent reacts to your request. If an agent answers your underlying solicitation for data with an intensive and useful reaction, there is a decent possibility that agent will give that kind of administration all through the exchange. Ask the agents you’re thinking about to give a rundown of their current deals, not only a general number of offers or deals volume. There’s a great deal in question when you offer your home, particularly in case you’re under a tight due date to move.

Tips on How to Be Smart When Choosing Real Estate Agents

Vendors pay a ton of cash for an agent’s administration, so pick deliberately. Great real estate agents do a considerable measure of work to procure their bonus, sparing you time and vitality, and ideally getting your home sold rapidly and at a decent cost. Here is a portion of the fundamental undertakings that agents handle for merchants. They would be prescribing the proper posting cost. Agents have entry to critical data on offers of practically identical houses, including later deals data than is openly available online, and will propose a rundown value that they think will best draw in purchasers to your home.

It’s to an agent’s leeway to offer at as high a cost as could be expected under the circumstances, keeping in mind the end goal is to get the most elevated commission. So if the prescribed cost is short of what you trusted, recollect the agent is either being realistic or intentionally setting the value low so as to get imminent purchasers and maybe incite some focused offering. In the event that you overrate your home, it might sit unsold for a considerable length of time, until nobody needs to take a gander at it any longer. You do not want this, so be sure to use online resources like CNN to gather information and pick a good agent.

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Things To Look For In A Real Estate Agent

Posted by on Apr 12, 2017 in Business, Real Estate |

There are some things you need to look for when hiring a Real Estate agent. There’s undeniable value in a purchaser’s agent with a strong reputation of settling negotiations.The normal real estate agent sold just four homes a year ago. Consider on the off chance that you are obtaining a home and you speak to twenty-five percent of that individual’s wage for the whole year. Do you really think they have your best enthusiasm on the most fundamental level, or will they do pretty much anything to get the arrangement done? A normal purchaser’s agent will basically look the MLS for homes, yet awesome agents will chAase down homes that aren’t even available yet.

Important Things to Look for in a Real Estate Agent

They’ll contact mortgage holders in the sought after a neighborhood or dispatch a post office based mail battle in the coveted zone with specifics on the purchasers and their family. In case you wish to be able to make the right decision, you should also know the distinction amongst Realtors and real estate agents. Not all real estate agents are Realtors. The term Realtor is an enlisted trademark of the National Association of Realtors.

NAR individuals vow to submit to the affiliation’s code of morals. Obviously, comparable moral measures are authorized as an issue of government and state law, regardless of whether you manage a Realtor or just a real estate agent. Real estate professionals ask purchasers and vendors to meet no less than three agents. A great many people don’t. They’re one and done. On the other hand, it is actually really important to continuously approach an agent for a rundown of late references. Ask every agent you’re thinking about how they plan to help you locate the ideal home or market your home. You would thank yourself in the end if you do that.

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