selling property
Selling A Property With Property Direct From The Owner
When it comes to sales, real estate can be difficult. Once you learn how to get a hold of some property, you may feel like the hardest part of being a real estate investor is now behind you. However, there is another key part to real estate investing that you cannot afford to overlook: Knowing how to sell high in a bad real estate market.
Now, when the going is good, as they say, then you may have no trouble flipping properties, selling for big profits and generally turning most – if not all – of your real estate deals into gold. In fact, many real estate investing ‘gurus’ recall the market of just a few years ago very fondly because, in one guru’s words, ‘You could mess up big time and still make money. People did not even have to really know what they were doing’.
In tougher markets, however, you can find yourself spending a great deal of time and energy just trying to get rid of properties once you have obtained them. While you may feel like you are investing full time, you may not be showing the full-time investing profits you envisioned when you got involved in real estate investing. This is because you have begun to focus on getting rid of properties rather than generating wealth with them. The key to generating wealth with properties in any market is knowing how to sell high. Now, the word high may mean different things to different people, but it should always ultimately mean that you walk away with significantly more wealth than you went into a deal with. Understanding all your options in any given market will help you be flexible enough to meet buyers’ needs – even when you cannot trust conventional options to pull them through.
In a market where many buyers describe buying houses as ‘stealing’ them because the prices are so low, you must learn to cater to buyers who are good risks, but may not have the ability to buy conventionally. By doing this, you will be able to create your own mini-market in which you can set your own prices.
For more information on selling your property visit the Property Direct From The Owner website at http://www.propertydirectfromtheowner.com
Advertising Property On The Internet - Property Direct From The Owner
The internet technology boom never ceases to slow down and the internet is accessed by millions of people on a daily basis. The internet is considered to be a fine method of advertising and offers you the wisdom to advertise whatever you desire to sell on the net to ensure scores of people get to see it. It is now becoming practical and more and more appealing to sell homes on the internet than through the traditional estate agent route. There are now a large number of property web portals which offer estate agent like services with no fees to have to incur. Property Direct From The Owner http://www.propertydirectfromtheowner.com are a leading web based property portal allowing owners of international property to advertise their property for sale and/ or rent with no commissions or fees to have to pay once the property is sold or rented.
There is no need to worry if you wish to sell your home because web based property portals can make the entire sales procedure extremely simple for you. Putting your property on the internet for sale attracts a number of interested parties thus increasing the opportunities of being sold at a fine price. Over 70% of property buyers first see the home they end up buying on the internet in the first instance. Unlike some online estate agents which fix their commission, Property Direct From The Owner http://www.propertydirectfromtheowner.com do not charge any commissions or fees to the vendor once the property is sold.
You will encounter a large number of formalities in selling your home; however going through a web based property portal will lessen these difficulties greatly. Keep in mind the factor of consistency in web based property portals when going to sell your property. Always opt for a reputable and well recognised web based property portal for selling your property. Internet based property portals can offer the best type of exposure for your property.
Check the customer comments on several sites about online property portals. If comments are positive about web based property portals, it indicates that the website in question has a fine dealing with its customers and a good chance that they would do you proud too when coming to sell your property. The main advantage of choosing a web based property portal as opposed to the high street estate agent is the exposure that your property will get on the internet.
Property web portals have made simple the task of selling your home. Approximately 90% of people start searching for a home on the internet to begin with. Make the most of this internet boom and get your house sold at a high price with the least amount of effort by using the services of professional property web portal.
For more information on how you can sell your property privately on the internet visit Property Direct From The Owner at http://www.propertydirectfromtheowner.com
Lifestyle Exhibition - Property Direct From The Owner Exhibiting At Large Exhibition In Spain
Property Direct From The Owner http://www.propertydirectfromtheowner.com are one of the leading internet property portals allowing owners of international property to advertise their property on the Property Direct From The Owner website with no commissions or fees to have to pay when the property is sold or rented.
If you are looking to sell your home, even in a slow market, you have to take steps to make it appeal to buyers. One of the best ways to do that is by staging your home. There are many steps involved in staging a home to make it appealing to buyers and one of the most important is giving each room a purpose. If you’ve got a spare bedroom or extra living room that you have many different types of furniture in or are using for several purposes, you’ll need to make a strong statement with it if you want to sell your property.
Staging is a sales technique that helps buyers envisage what it will be like to live in the house. You’ve got to detach yourself from your home and think about it as an investment. What will appeal to the buyer the most? In most cases your combination office, playroom and craft room isn’t going to make people want to sign on the dotted line.
Even though rooms like this make sense to the homeowner, they don’t appeal to buyers. On a walkthrough of your home, buyers need to get a clear sense of how they’ll be able to use the space. Combination rooms do not work. A buyer can get confused by the room’s purpose and may well not know what to do with the space – even if it’s pretty obvious that they can use the space in any way they want to just as you have.
In order to stage your combination room, you first need to decide what type of room you want it to be. Spare bedrooms should be staged as bedrooms. Bonus rooms should have a clear focus. Home offices are very popular these days and you can’t go wrong with giving your potential buyer a place to house their computer and important paperwork. Craft rooms and indoor playrooms are also another good idea for single purpose spaces, but they won’t appeal to as many people.
Once you’ve declared the purpose, you need to move all furniture and items that don’t meet that purpose out of the room. Since you don’t want to clutter the garage with more junk, you should put your extra furniture in storage while you are selling your property. This little bit of inconvenience can make a huge difference in your selling price, so it’s well worth the rental cost.
Design your new single purpose room with a lot of space to walk through. Buyers like rooms that feel big and open. If you are making your room into an office, use a single desk with a computer and perhaps one other piece of furniture. Bedrooms should be furnished with a single bed to show off the floor space.
By declaring a purpose for a room you eliminate confusion for your buyers and give them a clear idea of how they can use the space. This investment of your time and energy can make a huge difference in your selling price.
For more information on how you can sell or rent your property visit the Property Direct From The Owner website at http://www.propertydirectfromtheowner.com See us featured in this month’s ‘Living Spain’ and ‘The Good Property and Holiday Guide’ magazines or visit us at the Palacio de Congresos de Estepona on 28th/ 29th November.
Sell Your Property With Property Direct From The Owner
SELL YOUR PROPERTY WITH PROPERTY DIRECT FROM THE OWNER
If you own a property and you would like to sell your property then advertising with Property Direct From The Owner is a must - exposure for your property with NO sales commission! We advertise property for sale direct from the property owner so, as an owner, you can receive enquiries from prospective buyers and cut out the need for an estate agent. Deduct the sales commission an agent would take from your asking price and make the property you are trying to sell an even more attractive proposition for a buyer. Save thousands in agent commission after all, you know your property best!
Commissions on overseas properties, whether off plan, resale, brand new etc can be very high. In Spain, Portugal and many other countries in Europe, estate agent commissions generally vary between 5%-8% of the property price. In some countries they can be as much as 10% of the purchase price, so owners and buyers can save a considerable amount of money by dealing direct. The internet has become a fantastic medium to advertise your property for sale with over 70% of property buyers actually first viewing the property they end up buying on the internet. Advertising your property on the Property Direct From The Owner website gives it much greater exposure, making the property more accessible to a greater spectrum of buyers thereby increasing its chances of being sold. Selling property couldn’t be any easier or cheaper!
The process of selling your property with Property Direct From The Owner is a simple one. Firstly create an account and then put together a detailed description about your property. You can upload up to 21 photographs in order to show off your property and its surrounding area as well as a google map to pin point the location of the property. Alternatively send us your property information and we will happily create the advert for you free of charge. Base your asking price on the value of similar properties in the same development or in and around the area that your property is located in. The internet is an excellent medium for obtaining current market sales price information.
Once your advert is live you, as the owner, can decide how you wish to receive enquiries for your property (by telephone and/ or email). Once contacted by an interested party you are in the best position to describe the qualities your property possesses and to arrange any such viewings. If you do not live in the country where your property is perhaps a friend or a property management company would be available to grant access for viewings. Once you have negotiated your sale price with your prospective buyer it is essential you get a lawyer involved in order to conclude the sales transaction. Your lawyer will be able to provide you with the necessary information on selling your property along with tax information. Once your property sale has been concluded you will have the satisfaction of knowing you have saved thousands of pounds an agent would otherwise have taken.
Distressed Property Sales - Spanish Property - Property Direct From The Owner
If you have witnessed the plethora of signs announcing “Distressed Property Sale” that are appearing everywhere referring to distressed property for sale in Spain, then I speculate that maybe you may have been intrigued enough to look into a potential acquisition of a property for sale in Spain yourself? Prices of property in Spain are tumbling just as they have done in the United Kingdom and often they are falling at a greater rate. The financial problems of many Brits who bought a property in Spain for their retirement is compounded by the feeble exchange rate of the Pound to the Euro. This is a double edged sword that is bringing great distress to many retired Brits who have no choice but to list their property in Spain for sale and prepare to return home. Property Direct From The Owner http://www.propertydirectfromtheowner.com is an internet worldwide property portal allowing property owners to list their property for sale and/ or rent and have no commissions of fees to have to pay when the property is sold or rented.
There are many reasons for the proliferation of distressed property for sale in Spain. It took just three months starting in Oct 2008 for the Pound to lose nearly 30% of its purchasing power in Spain as it tumbled against the Euro from almost 1,3 down to just over 1 Euro/ Pound. Some Brits who retired to their own property in Spain found that they could no longer afford to live there as the value of the Pound slid. This particularly applied to those whose income was derived from the UK, whether a UK pension or rental income from a home rented out in the UK.
Even worse off are people who acquired a property in Spain on the back of a Euro loan, expecting property prices to continue to rise and are repaying the loan from their UK income denominated in GBP. In some cases the property has been repossessed by the bank or mortgage company and put up as a distressed sale because the owner could not keep up the payments. Paul Wilson, Marketing Manager at Property Direct From The Owner http://www.propertydirectfromtheowner.com comments, ‘We have had a number of property owners in Spain choosing to list their property via the Property Direct From The Owner website whether it be a distressed property sale or in an attempt to generate an income via rental. Whilst the market in Spain is still slow, thankfully we have managed to generate enquiries and interest for Spanish property for our clients’.A combination of massive property oversupply alongside the general economic downturn has meant that prices have literally crashed on Spain’s Costas and as we speak over a million unsold properties are on the books of hapless local agents in Spain, although many of these have been constructed with Spanish buyers in mind. Of course the British have always been purchasing property in Spain since the 1960’s and their passion for the Costa Del Sol and especially Marbella always was a first choice. More recent investors in property in Spain, even if their property has not been designated as a distressed property for sale, may still be distressed themselves. Not realising the enormous profits that the early comers made, these late-comers could well be finding that they made a huge error.
All clouds however have a silver lining. Today you can buy at the cheapest prices we are likely to witness. As the fall in property prices levels out and banks allow developers to remortgage projects, the Spanish market is witnessing confidence return. The number of distressed property sales in Spain could be set to stop increasing as Estate Agents in Spain are increasingly expressing confidence that the fall in the market is now stabilising. There is nothing novel in below-market deals, but the critical monetary position of many builders, financial institutions and property owners is pushing more sales into the distressed sale class which in turn means that further deals are being completed below real prices rather than merely at a reduction to the asking price.Experienced investors have been persuaded to seek for and obtain low, mid and high end finest distressed property at a price truly below their open market value by the mix of a severely restricted means to get to money and falling property prices in Spain. With the new trend in all-found holidays declining and more of us preferring to hire our own living accommodation and as a result have an independent holiday, the rental marketplace for up-market houses is booming. This further builds a case to mull over buying a house overseas, although the hire earned on holiday lettings seldom recovers the complete yearly mortgage payments and running expenditure so prudent cost planning is suggested.
As any savvy investor will advise you, it’s the rate that you pay instead of the rate that you sell for that really dictates the earning ability in many a property deal. Marbella in southern Spain is a real case in point of a ‘lifestyle’ investment choice, fundamentally a holiday home that can provide a fabulous centre for personal vacation and that will be retained for at least 5 years.
For those of you who are well-off enough to be able to put up a deposit of approximately thirty to forty percent on a distressed property investment in Spain and who can access the know-how of the leading consultants, lawyers and banks, today in fact is an opportune occasion to purchase a magnificent property in a distressed sale position for up to fifty per cent lower than the existing market price, and crucially enjoy their investment in the sun. This 50 percent price cut on particular properties is down to the fact that they are heavily discounted by the title-holder (or the bank if by now repossessed) by a considerably larger sum than the median price decline in Spain. This is in point of fact an opportunity for the new investor to advertise the property nearly immediately at a higher price.
For more information on how you can list your property for sale and/ or rent or indeed to view property directly with the owner visit the Property Direct From The Owner website at http://www.propertydirectfromtheowner.com
Buy Property Abroad - Selling Property Abroad - www.propertydirectfromtheowner.com At Property Exhibition In November 2009
It is a big decision to buy property abroad, whether it’s for a holiday home or a retirement home. There are many factors to consider, such as, what is the ideal overseas property for you, what type of property is there for sale that suits your needs, and how do you go about actually buying properties overseas. One of the most important matters to consider is in which location you want to buy property abroad and are particularly attracted to. It might be that you have already made the decision on whereabouts you want to buy property abroad or you may still be deciding on location. Whatever phase you are at, it is good advice to complete detailed research into the area and country you are thinking about, looking at topics such as exchange rates and the climate. There is a range of information you can use when buying overseas property.
Websites and Internet
Overseas property websites such as Property Direct From The Owner http://www.propertydirectfromtheowner.com are a great way to find information on how to buy overseas property and also to search for properties abroad for sale and/ or rent. Owners of worldwide property list their property on the Property Direct From The Owner website for sale and/ or rent and prospective buyers/ renters can then search the site for a property that suits their criteria before contacting the owner directly to arrange a viewing. You’ll need to know about the buying process, tax implications, legal and financial information, likely costs when buying property overseas and visa and emigration rules depending on where you decide to buy property abroad.
Shows and Events
There are many property shows and events that will give you information and advice to buy property overseas. Paul Wilson, Marketing Manager at Property Direct From The Owner http://www.propertydirectfromtheowner.com says, ‘We have a stand booked at the Palacio de Exposiciones y Congresos de Estepona (exhibition and Congress Centre at Estepona) at the end of November for a lifestyle show aimed at the ex pat community on the south coast of Spain. At the show we shall be showcasing a number of our Spanish properties to prospective buyers whilst at the same time being available to clients looking to list properties they may have for rent or sale’. When you visit these events, experts are there to answer questions and advise you. These property shows will also have a range of experts in one place, making it easier for you to do your research.
Overseas Property Publications
There is also a whole range of property publications. These include supplements in National and Local newspapers, with details of properties abroad for sale by country and region. There are also a host of glossy magazines that feature property overseas for sale, and in-depth articles focusing on particular countries and regions. Magazines can specialise in general information or specific areas, such as Cyprus, Turkey, USA, New Zealand or the Caribbean to name a few. These offer detailed information about the location you are interested in and they may give you some new ideas about what is to be expected from the area. For example you may learn more about the culture and then be able to assess whether this is what you are actually looking for. Paul continues, ‘At Property Direct From The Owner, we are committed to advertising the properties that we showcase on our website through the media for our clients and we regularly appear in ‘The Good Property and Holiday Guide’ along with featuring in the autumn 2009 edition of ‘Living Spain’ magazine, which is available in high street newsagents in the UK’.
For more information on Property Direct From The Owner visit their website at http://www.propertydirectfromtheowner.com
Buying Property Abroad - Buying Overseas Property - www.propertydirectfromtheowner.com
Two million Britons have left the UK over the past decade, according to recent figures released by the Office for National Statistics. According to the ONS, in 2008, more than 200,000 people emigrated from the UK, which means the total number who have left British shores between 1997 and 2008 stands at over 2million.
Although this is the biggest emigration wave in real figures, a larger percentage of people left during the 1930s and the middle of the 19th century. Many of those who have left the UK have retired abroad; the most popular destination for Brits was Australia; estimates suggest that there are currently 5.5million British citizens living abroad. The emigration has been more than balanced though immigration; 3.9million foreigners have arrived in the UK during the same period, including more than half a million in 2006 alone.
Many Brits who originally purchased investment properties abroad are selling up their UK homes to live abroad permanently, and a recent survey revealed that 44 per cent of first time buyers would consider buying their first property abroad, while eight per cent said they had already done so.
Taking this into consideration, this is the reason why people in the UK have been advised to consider the benefits of buying property in another country. According to Property Direct From The Owner http://www.propertydirectfromtheowner.com a growing number of British nationals are buying second homes overseas. Paul Wilson, Marketing Manager said this is because they are keen to take advantage of the lifestyle benefits that buying abroad offers, such as the better climate and healthier way of living. Paul also adds that many Britons are also enjoying the lower cost of living in many foreign countries, as well as the investment potential the property itself can provide. Paul continues, ‘Buying property overseas is still an excellent investment and a great opportunity for a better quality of life’.
Brits who move abroad also reap the benefits of an active social life - leaving nearly half of the UK’s ex-pats wishing they’d left the country earlier. New research suggests more than a third claim quality of life significantly improved once they left Britain behind.
One in four also claim their move abroad has resulted in a better work and life balance - with most suffering less stress and enjoying more downtime in the sun compared to life back in the UK. And far from being brash and bold, many Brits want nothing more than to live quietly and enjoy both the lower cost of living and the sunshine. Paul continues, ‘With social, physical and now financial benefits being presented from foreign markets to the British investor, it appears that an increasing number of Brits are taking up the offer to seek the solace of a second home abroad. Buying property overseas is still an excellent investment and a great opportunity for a better quality of life’.
For more information on buying overseas property or indeed how to sell property overseas visit the Property Direct From The Owner website at http://www.propertydirectfromtheowner.com
Selling Overseas Property - Selling Property Overseas - Sell Property
Selling Overseas Property
Having enjoyed your overseas property investment for a number of years, you’ve made the decision to sell up and move on to pastures new, or perhaps you’re keen to keep the place but instead wish to upgrade to a bigger place. One thing however is for certain, you’ll need to sell your overseas property at some stage. Property Direct From The Owner http://www.propertydirectfromtheowner.com are a web based property portal allowing owners of international property to sell their overseas property without the need for an estate agent and in the process of doing so saving thousands on commissions and fees normally associated with the sale through an agent.
Selling overseas property can be a stressful experience and given the downturn in the overseas property markets in general over the last few years, no walk in the park. If you’re buying a property within a chain, often you depend on so many external factors even if you do everything right on your end of the bargain that sometimes it doesn’t matter. However, let’s assume you’re only concerned with selling your overseas property – in this case any typical city centre apartment.
If you’re living in the apartment whilst you have it on the market, this can have a huge impact on whether you sell the property or not. Let’s assume that you will be still living there. Perhaps the biggest piece of advice to be given is to try and disassociate yourself with the apartment. You’ve probably had endless fantastic nights and forged many memories in your apartment, but you need to detach yourself now, and think about the new dream to follow.
When thinking about selling an overseas property in a built up area, try and plan any viewings at the time of day you know to be optimum for the natural sunlight coming into the property. This is not always possible as viewings are often arranged around working hours, but if at all possible, this is a good tip. Also, if you are asked to provide photographs – this is a good time to take them. Some estate agents have suggested making fresh coffee or having freshly cut flowers to give a nice welcoming effect which can have a positive effect on the buyer.
Look at your property from an outsider’s point of view. Those little jobs that you’ve been putting off need fixing. Try to brighten up the place which often doesn’t necessarily mean buying new things – rather throwing out clutter or old items of furniture which tend to get in the way. Keep things in order, especially for visits even if you’re an untidy person. Make it look like you look after the place, and it will sell quickly.
Despite what the newspapers and so called property experts are saying, people are still buying overseas property. For more information on how you can sell your overseas property quicker, without the need for an agent, visit the Property Direct From The Owner website at http://www.propertydirectfromtheowner.com
Selling Overseas Property - Selling Property Overseas - Sell Property
Selling Overseas Property
There is no doubt that selling a house or selling overseas property in today’s economic market is a difficult thing. The new home buyer has a lot of homes to choose from and the prices are quite low. As an example there are more than a million homes unsold from the developer in Spain and each day the news is more depressing with more and more owners struggling to find a buyer for their property. However it still is a buyer’s market and one should not give up hope. Companies such as Property Direct From The Owner http://www.propertydirectfromtheowner.com allow worldwide property owners the opportunity to list their property for sale and/ or rent via their site and pay no commissions or fees upon a sale or rental being completed. This can be a more than useful medium to explore especially given the current climate and the demise of many estate agents, a route traditionally used by vendors to sell their home or overseas property.
There are a few things worth knowing before you try and sell your house. Since there are many homes on the market, try and sell the best product. People always want the best. One thing you should know is that the price of the house today is different from what it was 2 -3 years ago. So if you can sell the house at today’s market value you are onto a winner. Selling a house requires a lot of patience, faith, stubbornness and with it will come a lot of disappointments. But do not worry, if you do your homework, you may strike gold.
Look around your neighbourhood and check out the house prices in the area and surrounding community. This will give you an idea what the market price is. Go to a developer and ask what new incentives are being offered. Try and make your house presentable. Make your house presentable so that it would not need any more work. No buyer today is going to buy a house and then have to pay extra thousands of pounds for repairs and essential maintenance. You should have the house all fixed and ready to sell. It is not necessary to have to make all the repairs except all the necessary and obvious ones. If the tap is dripping this is very obvious but if the carpet is torn and tatty then replace it. Seek assistance from an interior designer so as to ensure the home is presented to the best of its ability. Appearances count so make the effort.
Move out the bulky and excess furniture in the garage. No one wants your rubbish. The new owner will have plenty of his own. Finally price your house right. If you overprice it, many buyers will not even bother to look at it. List the house at a fair price. You do not want the house sitting there any longer making the potential buyer even more suspicious why the house has not been sold.
For more information on Property Direct From The Owner and how they can help you sell your home or sell your holiday home visit their website http://www.propertydirectfromtheowner.com
Selling Property Abroad - Selling A Property
Selling Property Abroad
Selling a property without an agent is not for everyone but for those with determination it can be the best way to sell a home. FSBO (For Sale By Owner) companies such as Property Direct From The Owner http://www.propertydirectfromtheowner.com allow owners of worldwide property to sell property without an agent and therefore save on commissions and fees normally associated with a sale via an agent. The internet is now one of the first ports of calls for a buyer to ascertain certain property types before arranging a viewing and websites such as Property Direct From The Owner give vendors additional exposure that they might not normally associate when listing with an estate agent. Here are a number of reasons and advice in how to sell your home without an estate agent.
1.No agency fees or commissions. This is the top of anyone’s list to sell your home yourself. You can save thousands of pounds or euros by selling your home privately without going through an agent.
2.You can value your home correctly, without the aid of an agent. This will take a little bit of research, but if you sell your home through an agent many people will do this anyway to make sure the home is properly valued and if they don’t they should. Many agents do one of two things: Value your home too high to get your business or value your home too low to make a quick sale. Either way, you end up on the short end - it takes too long to sell, or you lose money on the sale.
3.Advertise anywhere you want - local print ads, real estate websites such as Property Direct From The Owner http://www.propertydirectfromtheowner.com and even international web portals. Depending on your home and where you live, you can target the ideal potential buyer.
4.You make the first impression - it takes only a few seconds to impress or turn off a potential buyer. You don’t have to worry if your agent is having a bad day, or wants to sell a bigger, more expensive home. You get to impress the buyer, which leads to the next reason.
5.You know your home better than any agent ever will. No matter how much time an agent gets to know you, he or she can never know all there is to help sell your property.
6.You know the area. Many agents are local and can do a good job of selling a neighborhood, but having lived there you certainly have an advantage in talking about all the reasons to move into an area.
7.You do the negotiating. For some people this is definitely a plus, and for others it isn’t. Those who like to get the best deal will be able to negotiate in their favour and get exactly what they want for the house. There is no one pressuring you to make the deal and therefore they can get their commission. It’s all up to you.
8.Choose your own solicitor. You will need a solicitor to close the deal, and you can choose whomever you want or know rather than an associate of the agent. There are plenty of good ones you can find for reasonable rates, and you don’t have to use the one the agent knows or steers your towards.
9.Show your house when you want to. You don’t have to be on an agent’s schedule. You can show your home whenever you want, depending on your schedule. Of course, the more flexible you are the better chance you have to sell, but it’s your choice.
10.Set your own timeline. All too often, you are at the beck and call of an agent or solicitor when it comes to finalising the deal and conveying the property. When you are the one in charge, you make sure the timeline works for you and your buyer. You can make sure everything is done in a timely manner and that all parties are satisfied.
For further information on selling property abroad or selling your home privately visit the Property Direct From The Owner website http://www.propertydirectfromtheowner.com for further details.