Business & Property

What You Need to Know About Green Property

Running property business means you need to know common issues within. One of the most issues is green property. This is also called as sustainable property. This has become an issue because it is not easy for property investor to build this type of property. On the other hand, the demand for green movement keeps getting stringer because people are more aware of global warming and climate changes. Thus, lots of people start searching for sustainable living space. Real estate built with green concept and sustainable ways now are more preferred by tenants. They are searching for healthier buildings for their inhabitants.

Green property development

You can call a building as green property if it is qualified the criteria such as improving the quality of the inhabitants without disharmonizing the environment and local climate. Green property is also considered compatible if it can conserve the energy as well as resources within its life cycle. A green property is supposed to be constructed using efficient resources in order to create renewable energy sources as well as recycle internal. From the criteria of a green property, it is clear that there are lots of benefits to gain in order to balance out the environment and inhabitants. The building is aimed to be eco-friendly but still qualified as comfortable living space for the inhabitants.

Benefits of developing green property

Since the global market demands more for green property, you must be curious about the benefits from the business point of view. No matter how ‘green’ the goal is, gaining profit is still in the line since it is property ‘business’ we are talking for. So what are benefits gained by developing property business which focus on green movement and sustainability?

  • The energy efficiency resulted from building green property is real and significant. This attracts more potential buyers especially those who are concerned about the fate of the Earth. A building with good energy efficiency is more preferred by buyers because it promises more comfortable, healthier, and sustainable living.
  • According to the surveys and reports, home buyers are very willing to pay more in return of reduced utility costs. This proves that green property is more desirable not only because of its sustainability but also durability and eco-friendly.
  • The value of green or sustainable property keeps increasing each year. This is the best opportunity if you aim for best deal with promising profit. Home value is one of the most important issues you need to maintain when it comes to property business.

Before you are going further to grow property business, it is recommended to hear more about what the people demand for their ideal living space. For now, green and sustainable property is what most people desire for living because it promises them healthier, more comfortable, and durable living space. Such condition is the most ideal especially when it comes to protecting their family as well as environment. If you consider investing in real estate business specialized in green property, might as well plan early and properly.

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Business & Property

Networking for Property Business for More Benefits

Networking for Property Business for More Benefits

Networking is important for many aspects in life including business. That is where you get connected to other people who have also important role to help you build your business. That shows how important networking for property business when they are connected to each other. You will be able to grow your property business properly and smoothly by having solid networking along the way. Of course, achieve great networking for property business is not easy. In fact, it takes years until you get established and developing network. There are lots of benefits you can get by building your own networking in your business.

Benefits of networking and property business

Lots of people who involve in business are often mistaken independency as being closed off. Meanwhile, independency in property business is everything but. Independency means you are able to build and maintain your business on your own. However, it doesn’t mean you don’t need support from others. Basically, business is something you can achieve together. Like it or not, you will need others while trying to expand and establish your business. So why is it that makes networking so important for property business?

  1. Networking allows you to connect with people who have the same passion and goals. Thus, you can connect with people in various levels. In property business, you need to get connected with clients, service providers, other investors, and even your competitors to be able to build your own strength and business. Just take one example when your network connects you with your clients. Once you are connected to potential and loyal clients, you will get a privilege for free promotion. Your clients will be gladly promoting your work to their friends and acquaintances and you will get other potential clients as the result.
  2. Next benefit from having great networking is being able to share important things such as information, opportunities, time, community, and contacts. Those are important element in property business. When you share, it means you are mutually beneficial for each other. You can get what you call as win-win relationship when you know the role of networking for property business. Let’s take one example about the benefits of sharing in property business. When you are active in your network, you will get latest information about property market. It is also possible for you to get free tips about investing within your community.
  3. Next advantage is you have a chance to learn more. Learning is not only about taking formal course. While building your property business, you need to keep learning. You can learn lots of things within your network such as how to properly expand your business from the experts or from seasoned investors. You may not have a chance to learn such things if you are not actively involved in the network. The opportunity to learn new things about property business can be gained by attending seminar or meetings between experts and business advisor. From these events, you will realize how important networking for property business is. You will experience and gain the benefits yourself after.
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Business & Property

Investing in a House and Land Package Benefits

Many home buyers and investor are now more interested in investing in a house and land package. This type of property investment is said to be more beneficial for investors. As for home buyers, this package is more ideal for living solution. This way, either home buyers or investors are free to do anything they want without facing too much hassles in the process. Besides, the vacant land is getting harder to find these days. Thus, investing in this package is great.

Investing in a House and Land Package Benefits

Benefits of investing in a house and land package

 

Amongst so many benefits you can find when you invest in this type of property package, here are six of them:

 

  • You can customize your ideal design of home in your land. By tailoring the home to your ideal you can also maximize the value of your investment. Pre-designed new home is what you get and you can optimize it to maximum potential for living or business. Thus, you will earn higher profit in the future or more stable income if you decide to rent it to tenants.
  • You have free choice either to move into the home immediately when it is still in incomplete inclusions or wait until it is all completely built and ready to be occupied. If you buy the home for living space, you may want to move in immediately. However, it is recommended to complete all the construction if you intend to rent or sell it in the future. You need to assess whether the design of the house meet your needs to reach potential investment.
  • When it comes to the cost matter, you will be benefited by investing in a house and land package. This is due to your ability to know the exact cost of your new home. The package is designed to provide you with affordable price. This package is also beneficial because it includes floor coverings, site costs, driveway, energy efficiency, letterbox, as well as clothesline if necessary. Thus, this package allows you to know the certain expense you should spend by getting the features you want. You will not pay for something you don’t get.
  • By investing in this property package, you will also save on stamp duty since this is what the investors dislike the most. The charge of stamp on duty keeps increasing. Meanwhile, it will be slashed out when you choose house and land package to invest in. You will only be required to pay stamp duty on the land since the house hasn’t been built yet. Thus, you save your budget for another expense you need to optimize your investment.
  • It is easier to find good tenants who will guarantee your stable income and good profit. Brand new homes are more attractive in the eyes of tenants. They are more comfortable as living solution for tenants. This is also highly possible to get your tenants pay higher for the rental rates when they are comfortable with the house. This is why investing in a house and land package is more beneficial.

 

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Business & Property

Tips on How to Make Your Small Property Look Presentable

When you own a property and want to make them attract buyers then you should know how to make your small property look presentable. Making good impression is essential in property business. This also happens when it comes to present your property to potential buyers. One of the most common problems is small property tend to look even smaller if you try to decorate it or add some accent in effort to make it look presentable and convenience. Your small property is your asset after all. That is where you will earn your income or profit. Thus, making it look great and attractive is the least you can do.

How to make your small property look presentable

Your clients, future renters or buyers, tend to be attentive and critical in assessing property. This will happen when you hold an open house for them. They will pin point anything that will make your property less valuable or at least take advantage of tiny details to make you give them some discounts. There is nothing you can do about that behavior except making them have no chance to do so by presenting your small property to the finest. Here are the tips you can follow:

  • Asses the overall of your property from inside and out. Take a look at every detail the interior design before putting some furniture inside. Take a note on what you need to fill and where to put things properly. Remember that buyers always look for comfortable living space. Thus, focus on this priority instead of thinking about futuristic furniture or smart tools to fill in the rooms.
  • How to make your small property look presentable is to minimize the use of unnecessary furniture or accessories. Especially, avoid putting your personal items in the room. It is recommended that you arrange the room by putting clean and fresh linen dressing for the bed, or putting fabulous cushion on the sofa. Those are small things but more effective in making interior design look more presentable and attractive without putting too much effort.
  • If the wall look worn out, you can repaint it or just put a layer to make the color comes alive. Interior design with fresh and beautiful color is effective in charming buyers because the wall is one of the most important parts in interior design.
  • When it comes to living area, you need to create certain look that will make buyers feel attracted. Since your property is small, make arrangement which makes the room look spacious. Instead of putting large and expensive sofa, it is recommended to put minimalist sofa with soft fabric and few cushions. Choose L arrangement for the sofa position so that the room feels more spacious that it is.
  • Make sure that your unit or property is clean and tidy before you present it to your potential buyers. Staying on the concept of clean and simplicity is how to make your small property look presentable to the buyers.
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Business & Property

Things to Do for Promoting Your Villa Property for Flooding Booking

Home holiday might be the best property to invest in these modern days. With holidays becoming more essential for modern workers, having holiday property can be a very beneficial option. However, turning your property into a profitable source of income is not as simple as buy a villa and put it up into the rental market. Proper marketing is a must if you don’t want to end up with a dusty home holiday. Here are simple method for promoting your villa property to generate more bookings and income.

Promoting your villa property

1. Put Up A Good Online Profile

In this modern day when people turn into online search for everything, having online existence will put you in better competition and visibility. More often than not, website acts as the first interaction of a potential guest with your property. Make sure your website looks as professional as possible, contain a lot of details, aesthetically displayed, visually appealing, and looks trusty. A customer will determine how your property match their need from your website.

Think as holiday makers as a date and your website as Tinder. An attractive website will generate more attention, which eventually lead to booking. Make sure to enlist active phone numbers and mailing lists for any further inquiries.

2. Display Presentable Pictures of Your Property

Customers likes to know what they are about to buy. Let potential guest have some idea of how living in your property looks like. It’s good to invest on very best pictures you can have.

Take pictures from every interesting angle, some close up shoots of little details in the room (e.g, toiletries, coffee and tea supply, towel folds, etc), other part of living areas (kitchen, bathroom, garden, pools, etc), and a wide shot of the whole property.

You can feature a model to show an enjoyable living ideas to potential customers. Make sure each of your photos are well-lighted, free from clutter, and highlight your best features.

3. Be Social Media Geeky

Some modern villa owners has enjoy a great deal of engagement from their social media. They invest on daily posting (or at least, weekly updates) and always present with aesthetically edited photos with engaging captions. Always adapt the current social media trend and curate your unique persona.

It’s good to differentiate the social media pictures with the one in web. In social media, you can highlight littlest details to your daily posting and repost the post of previous customers who were staying there.

You can even invites social media influencer to stay at your property and spread the words through posting to their followers. Lots of booking happened when potential customers are totally charmed with your feed and having certain degree of closeness with your property.

4. Put Up Your Property in Vacation Rental

Your villa will have higher booking chance when it’s up on property renting sites. Guests likes to go on sites where they are able to see and compare many option of accommodations at once. Try to get good reviews and ratings as it boost your likability among travelers.

5. Advertise, Advertise

Just like any other product, brand awareness is very important for the success of your property. Aside social media, you can establish stronger brand awareness through online paid advertisement (think of Google AdWords and website banner) and published advertisement.

Plan a slot in property magazine to feature your property for several month. This way, you will present a long lasting, luxurious accommodation that worth a visit for future travelers.

Promoting your villa property requires special marketing strategy. Do it right, and you will get flood of booking just in not time.

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Business & Property

Find Out Property Investment Myth You Should Know

Being an investor or owner of property means you will be forced to learn and understand more about the industry. No matter how diligent you are learning the knowledge, sometimes you can be led to wrong direction due to public assumption which aren’t true. Thus, you might as well find out property investment myth that you may have heard and thought they were true. Well, myth is easy to spread and grow rapidly into something that make people believe into it. There is no obligation to find out what the myths are in property business but knowing them won’t hurt.

Property investment myth you need to realize

Basically, there are myths about almost everything. Thus, no wonder that it also exists in property investment. Some people involved in this business may believe in those myths and some don’t. You can choose your side after knowing what myth are there in property business. Here are some of the myths:

  • Those who can invest in property are wealthy people. Lots of people think that only those who own large amount of money can afford to invest in property. However, this is a myth that you should not blindly believe into. Surely property investment needs financial support. However, that doesn’t mean those who have no background as millionaire cannot be a part of property investment. Finance for investing in property can be earned in many ways. Some people do saving to earn adequate amount of money for investing. Some get a loan from bank, and many other ways.
  • Another property investment myth going around is that everyone is an investor these days. However, it is hard to tell so because not everyone is an investor. The fact of increasing number of property investor is true. However, it doesn’t make everyone an investor in an instant. Become an investor needs time as well. Property investor should build their portfolio and it takes years to establish their investment as well as gain profit they expected since the beginning. Not all people is desired enough to be patient.
  • Debt in property investment is absolute bad thing. Well, debt is not always bad. In fact, it can help you gain financial support when you need it. It is bad if you do it in a wrong way and without thorough calculation. Debt can be toxic if you cannot choose the right decision such as what type of loan you really need or can afford. If you use debt to buy promising asset, it can bring positive result to your investment.
  • The value of your property will always go up. This is one of the myths that people most believe in. However, it is not always so. Sometimes, the value can decrease. There are always factors than can risk the value of a property. You should take the risks seriously to avoid decreasing value. This property investment myth should not let your guard down of every possibility that one day your property’s value may go down. However, you can avoid it if you take preventive actions from the beginning.
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Business & Property

How to Get the Best Location of a Property to Invest in

Choosing property to invest in based on the most ideal location is important. It can help you to get the best property as your most valuable asset. Best location of a property to invest in is significant for your property business. Some people may think that choosing wrong location is significant mistake in property business. However, location is always the first priority when it comes to property investment. No matter how great the interior design or construction if the location is not promising and strategic then it will be such a waste.

Tips to find out the best location of a property to invest in

Best location of a property to invest in
Even though you know the importance of location in purchasing property, it will become such a futile to not know the right way to know it. Thus, you need to know how to find property investment based on location wise. Here are they:

  • First thing first, you need to know your target market. If you aim for family, you need to choose the location from its convenience such as transport, shopping centre, hospital, etc. If you can find a property surrounded by convenient factors for family living then your investment will be such a promising deal. If your target is students, you might as well find a unit and make it as student dormitory to rent out. However, the location should be near university or schools. If your property investment target tourists, you might as well choose location near travel spots such as beaches, lake, or other attractions.
  • In general, transport is one of the most important factors in finding out the best location of a property to invest in. The location of the property you are going to invest in should have great access for people’s daily commute especially the major transport lines such as trains, buses, etc. It is also more preferable to find a property which has mix networks for transport such as bike paths or parks.
  • Pay attention on the local industry when you are searching for the most ideal location for property investment. Aside for the future profit, it also helps to support the local economy. Thus, choosing ideal location based on the availability of local industry is beneficial.
  • Next thing to consider is the availability of public services such as hospital, child care, supermarket, etc. Those are needed for tenants to live comfortably because what they need is within their range to reach.
  • You need to decide the lifestyle as well. If you aim for peaceful and comfortable living, you might as well choose a property located quite far from the main city. This type of property tends to be more affordable.

What you need to remember is choosing the most ideal location of property is not only for the sake of convenient living but also for bigger investment return. That is why the ability to find the best location of a property to invest in is so critical for the future of your investment.

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Business & Property

What You Need to Do If You Are Property Developer?

Property development is a series of activities and process in which involving purchasing potential land to building then developing a building. In short term, it is a continual reconfiguration of a property in order to meet the needs of the society. Property developer is not a bad career path to choose. In fact, this business is promising because you will not also earn money through high profit but also save money in the process. To run this business, you will need to build your team members because this requires long process. Even if you are going solo, you still need other professional in order to successfully develop the property and gain profit as you expected.

Property developer

To become a property developer, you will need to build your portfolio. The market in property business keep picking up and you need to keep up the best work to meet the demands. Here are what you need to do in running property development business:

  1. First thing first, you need to make business plan for your property development. Either being a part time developer or full time one, making a business plan is a must. You need to do everything legally to make sure there is no problem waiting in the future. You may need to make your own website so you are reachable.
  2. Next, choose your strategy of being property developer. You need to decide either to plan to buy-to-let or to buy-to-sell. Both requires different approach and have different result. If you aim for long-term and stable income, it is recommended to choose to buy-to-let. If you aim for one shot-high profit, you will need to choose to buy-to-sell.
  3. You need to calculate how the market works in order to get the best opportunities to use your strategies. You will need rental yields as the way to measure annual rental income against the value of the property.
  4. Next thing to do is choose property based on the location first. It sounds cliché in property business but it is a fact that location is the first priority when it comes to choosing potential property either to develop or to sell. Property in the area that is on the rise will be more advantageous to purchase. The chance to get great profit will be higher.
  5. Don’t rely fully on luck. Instead, you’d better make a research. Set the right price for the purchasing, developing and selling property. Choosing the best timing is essential in this process because rushing everything is not a wise decision.
  6. Don’t forget to suit your developments to what the social market needs. It means you need to set your target from the beginning. You need to develop your property based on the needs of the demands of the area.
  7. If you want your business in property development to be a long-term run, you need to establish stable financial management. Being a property developer requires you to handle lots of money so you can maintain your business in the right way.
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Business & Property

Choose the Right Method in Selling Property

Selling your property can be both challenging and exciting. No matter what you are, an investor or landlord, you will need proper way to sell your property since it is valuable asset that should earn you profit at the best price. It is highly recommended to hire a professional property broker to help you decide what kind of method in selling property that you will make you feel more secure. Besides, a broker will help you with lots of things throughout the process of transaction including documentation and financial requirements.

Deciding the right method in selling property

Before deciding the best method in selling your property, it is important to determine the best price. As a seller, it is normal that you want to set highest price. However, you need to aware that unreasonable price can make potential buyer to back off. To decide the best price, you can discuss with your broker. Basically, determining the price is based on the state of the market, the current interest rates, type of your property, sold prices of the similar properties as yours in the area. It is important to set realistic yet profitable point for your property price.

Next, move to the method you can choose to sell your property. Generally, there are many ways you can choose to sell your property. Here are the two common methods you can choose:

  • First method in selling property is private sell or is also called asking price. This method is actually more preferred by buyers because it is less intimidating. With this method, you set the price range prior then make it to the listing of asking price. Then, the buyers will know exactly the price they want. They will try to negotiate below the asking price though. That is why you need to set the price well before. Therefore, the price will be as much as you expected. Private sell or asking price is preferable for buyers. However, the method takes time since you will spend your time negotiating the best price with the potential buyers from time to time. This method is preferred if you sell your property without the urgency. If you want quick selling, this method is less recommended.
  • Next method is auction. This method is more preferred by sellers. You need to discuss the expected price with your agent since you are not the one to conduct the auction process but your agent. The auction will be conducted until your agent reach highest bidder. The interesting part of auction is the competition and urgency between potential buyers. After discussing the reserve price of your property, your agent will help you set the date of the auction and advertise it. Then they will invite potential buyers and make them submit their offer. Once they are collected, your agent will present them to you. Then, you can decide which buyers that meet your expectation and go to further process of transaction. This method in selling property is recommended to find the highest deal.
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Business & Property

Simple Guide of Property Selling Process

Selling property sounds to be an easy task. You just need to wait for potential buyer, negotiate, and deal. However, it is not that simple either. It is important to understand property selling process either you are just property owner or investor. Property is an asset which is valuable and you need to make sure that you gain profit from selling it so that you can buy or invest in another properties after. The process of replacing ownership takes time and you will need some help to do so.

Property selling process you need to know

Property selling process

Transaction in property business is protected by law and should be done legally. Thus, you need to make sure that every process of selling your property is done properly. And because of that, I will give you the simple guides to know the whole process of selling properties in this article.

The first step is to make thorough evaluation of your property. The main goal of selling your property is to gain the best price. You need to check the condition of your property thoroughly and properly. Thus, you can inspect what element of your property that will seem to make its price lower or higher. Evaluating your property is also helpful because buyers always ask about property reports includes location, size, features, etc.

Next, you need property agent or broker. They will help you to do the viewing. Besides, they will help you to find potential buyers, negotiate the best terms, and handle documentation stuffs. You can actually sell your property by yourself but hiring a broker will be much easier and effective. They can help you selling your property in relatively short time.

Next property selling process is to decide and discuss on how you want to sell your property with your agent. You need to determine the price as well so everything will be plan accordingly. You will also discuss about commission, advertising costs, and many more with your agent. Make sure you tell everything to your agent so the deal you are going to make is based on your will before signing agreement with your agent.

The next process is to advertise your property. Your property needs to be photographed property from different corner and angles. You will need floor plan drawing of your property as well as online ads writing.

Next, you just need to wait potential buyers to contact your agents to be continued to auction process until finding potential buyer with acceptable price. Next, the buyers need to pay a deposit to continue to the next process.

The next process is the details such as signing contract, finishing finance requirements, etc. You will deal this along with your agent, lawyers and of course the buyer. This is to make sure that the exchange is properly and legally done.

You don’t need to worry to sell your property. Just make sure you hire professional property agent to help you through the property selling process thoroughly and legally. Thus, you won’t face any trouble in the future and you get the profit you expected.

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