The housing and real estate
industry is slowly growing as the economy quickly recovers. Due to the increase
in employment, housing and real-estate demand also increased. Here are some
tips to keep up with the fast transactions with real estate broker and to
ensure that you’ll not miss all the property for sale signage.
1. A property for sale near big
and famous establishment can be a good real estate investment. Real estate near
big establishments may have high values according to an expert real estate
broker. Houses near big establishments appreciated almost 95% for the past two
decades.
2. Some real estate brokers may
have told you that it is better to buy the old and worst house in the
neighbourhood. This can be relatively affordable but it may cause you a lot
later on. First, if you want it for your own, fixing an old or crummy house is
as expensive as building a new one. Second, if you want the fixed-up house
sold, it will still be more expensive than the ready-built houses in the
neighbourhood. Regardless of the situation, you will still be financially
drained or disadvantageous.
3. Renovating your house can give
extra value for your real estate but I bet a great real estate broker can tell
you that this is not quite a good idea. For example, renovating your kitchen
will only increase the value of your house by half a dollar per dollar of
expense. A good renovation can be extending your house upward. Adding another
storey returns one dollar for every dollar of expense while adding a basement
only returns half a dollar.
4. A property for sale listing
should not include the word “unique”. This can be a little bit funny but researchers
say that this word implies lots of fixing up to do for that property for sale.
Statistics says that the probability for the property to be sold goes down by
half if “unique” is used in the advertisements. Another, cute and charming may
imply small space which would drive away your potential buyers. Generally,
wording in your listings would greatly affect the saleability of your real
estate property. This should also be remembered by a real estate broker when
talking to customers.
You have to buy the right house in
the right neighbourhood. A good real estate broker can be one of the keys in
finding the perfect house for you. You can always consult with agencies and
real estate companies. They can surely provide you with great service and you
will surely save lots of money and energy.
Tam-Bay Realty
1408 N West
Shore Blvd Suite 1000 Tampa, FL 33607
(813)
908-0706
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