Monthly Archives: November 2019

Luxury Real Estate Services

Hidden deep in Mexico there is a small community that is a hot spot for foreign vacation homes. Mexico’s tropical climate makes the area attractive to foreigners from all over the world. Mexico is known for having beautiful beaches and delicious food. Foreign developers show interest in developing high-rise condos and controlling planned communities throughout Mexico. As Mexican tourism continues to gain popularity, visitors often start buying houses and condos in Mexican cities. Foreign development in Mexico has resulted in a new marketing strategy for foreign marketing companies.

American marketing companies are targeting non-native Mexicans, and showing them the advantages of owning Mexican real estate. Most buyers are looking for vacation homes where the buyers can come and go as they please. Some buyers are chasing in on their current real estate and relocating to Mexico. Marketing companies show potential buyers the advantages of owning property along or within popular Mexican cities.

The popularity of high-rise condominiums has infiltrated Mexico’s most popular cities. Condominiums allow residents to live within minutes from the beach, among the resorts that lure tourists to the area. Marketing companies target young investors that are interested in owning property in the most active parts of tourist cities. Living in downtown Cancun enables residents to enjoy the white sand beaches and the night clubs which are scattered around the area. Real Estate prices in Mexico are relatively cheap when you compare them to most foreign real estate prices allowing more foreigners to own real estate in Mexico.

Another popular type of real estate in Mexico is master planned communities. Master planned communities are being built in many Mexican cities. The communities allow residents to enjoy the calm private atmosphere that a quiet Mexican city can provide. Master planned communities are being developed and designed to accommodate the needs of foreign investors who are looking for quiet vacation homes. These communities come with full amenity options in order to attract potential buyers who are looking for convenience within their community. The popularity of these communities in America has lead to their development in Mexico. Foreigners are demanding the same luxury homes and amenities in their vacation homes in Mexico. This type of development has allowed some Mexican cities to keep their small town feeling that makes them popular second homes locations.

Marketing companies are providing web-based and actual tours of these communities in order to show potential buyers the property. Many of these communities are located along the beach and have a restricted beach area. Marketing companies use this amenity to show customers the privacy that is available in these types of communities. Small towns that are less known as tourist cities still have the luxury restaurants and night clubs that made cities like Cancun and Acapulco popular, they just lack the over popularity of those major tourist cities.


Choosing the Right Property Agent – How to Do It?

Estimating higher prices for selling property is an old trick used by real estate agents. This is done so that people who want to sell property will be impressed by the large numbers, and then choose the agent over their other competitors. However, excessive property prices will keep the property on the market for months, while homeowners lose money.

The practice known as selling a listing is only one of many tricks used by real estate agents who want to attract the attention of their clients. Smart home seekers will be able to find out how to look at this marketing trick and see brokers who really intend to sell property.

The following are a number of tips to help home sellers choose the right real estate agent to meet their needs and successfully sell the property.

Prepare an Interview – Don’t treat the first meeting with a property agent as a casual conversation. Treat the meeting as you would for a job interview, with the agent as the position seeker while you hold the final decision. Compile specific questions that can find out their experience and sales history, and how they operate.

See Reputation – Reputation can be seen from the licenses and awards. Some well-known agency offices usually have a company website where they contain official office addresses and outstanding agents, this can be a reference in choosing a trusted agent.

Find Out Profile – A person’s profile can give you lots of information about how that person works. You can find it through their website and social media accounts, including Facebook and Twitter, you can get an idea of ​​how they work. Do a quick search about them and their agency office. Most importantly, see how they market online and how effective they are at finding potential buyers.

Request References – Both buyers and sellers should ask agents for written references from previous clients, including their contacts. With that, you can contact their old clients and ask important things about agents. Ask some important things like performance, how to market, how long the property was sold, etc.

Choose an agent who has negotiation skills – The agent’s ability to negotiate is the key to getting the best deal possible, no matter the initial price. In the end you have to find an agent you can count on to think of the best thing for you in the sales process.

Look for agents who are knowledgeable – Finding agents who have lots of knowledge is key because each region has its own challenges regarding the real estate sector. The ideal property agent must know the factors of the existing facilities at the location, understand the environmental conditions and know the government policies in an area.

Those are some important tips for getting the best and profitable property agent for you. Perform the steps above correctly and get a favorable selling price. Have a good fight!!!

Real Estate Services

The real estate services business is a vertical one with a large number of websites. There are thousands of websites with listings of apartments and villas. But does this really mean that this internet business model generates a proportionate amount of income?

By many ways real estate services is one of those businesses that are ideally suited for a net based model. On one side you have a seller who wants to sell his property and other side you have a buyer who wants to buy a similar property. The seller lists the property for sale on a website. Prospective buyers finds it on the site and if found suitable, the buyer and seller come to an agreement for sale. No searching for agent, no commission. It all looks so simple. But it seldom happens that way.

The sale of a property incurs an agent commission of 2.5 to 6% (depending on your country, region, agreement with agent etc) of the sale price. The above described scenario means only a small listing fee to be spent by the seller. Consider the online recruitment business where a similar situation exists. It has done very well unlike real estate websites and sites like monster.com and hotjobs.com have a high brand recall. But a similar success is not found for real estate services websites. Spare a few like loopnet.com and costar.com which has found success in the commercial real estate sector. The truth of the matter is that the real estate multiple listing service (MLS) and agents tightly guard the seller data and other information. However, some other reasons also exist.

A real estate listing, unlike a job listing, needs to provide more information to look credible for the buyer. Collecting the required data, pictures of the property, (even videos some times) recent sales data, above all removing outdated data from the database, all this needs money to be spent.

Not all those who buy and sell property are negotiators. The agent claims to be one and normally takes such a role. But on most cases, they just make both the buyer and seller feel good about the deal. Both parties feel they negotiated and got the best deal. Also, not everybody wants to publicize that their property is up for sale, especially for commercial properties. An agent is entrusted to find buyers for the property.

There can be a solution for most of these issues. A real estate website can still provide the first level of information to seller. At least it can narrow down the search to a few properties of ones choice. With a little effort one can get additional information necessary for deciding the suitability of that property against your requirements and budget. As for confidential listing of property, this can be incorporated in a website. For example, KeralaListings.com a property marketing company hides the seller data and other traceable information from a property listing if tagged ‘confidential’ by the seller. This listing appears in search results for the given parameters and the prospective buyer can email the seller of his interest in the property.

As real estate websites adopt steps, to provide information which is updated and verified, this business model will gradually pick up. Though the cost of maintaining such sites is slightly more, this should gradually increase public trust on this model. Even with all this, the cost of property transaction can reduced considerably. Not to mention about the time saved for finding a property.