How Do Real Estate Investment Pros Find The Hidden Gems
If you’re new to real estate investing, you’re probably looking for “good deals”. But has anyone told you where to find them? If you belong to a local real estate investment club, you’re probably hearing story after story about the good deals that the seasoned investment pros find. But they never tell you the details of exactly how they found the deal.
Really, it’s not a mystery. The real estate investment pros are also expert networkers. The next time you have the opportunity, sit back and observe them for a while. Many of them are very unassuming and low key. But usually they’re always talking to someone.
One of their talents is that their conversations always somehow funnel into the topic of real estate. But stop to think about this for a moment and it’s not as tricky as it sounds. We’re surrounded by residential real estate almost everywhere we look. And for every one of those houses, there’s an owner and people who live in the house. That represents a large number of people who either own residential real estate, or who know someone who owns residential real estate.
Heres how the pros take advantage of that fact to turn conversations around to their favorite topic. For instance, think about getting your hair cut. How hard would it be to start a conversation about real estate values in the neighborhood? And from there, how hard would it be to toss out a casual question like, “I wonderis anyone getting ready to sell?”
If your barber or beautician has recently heard about someone thinking of selling, it’s usually just human nature for them to mention it in response to your question. Real estate investment pros always keep their eyes and ears open for relevant information. Always, and everywhere. (Even during conversations after the Sunday church service.)
The second most important thing that real estate investment pros do on a consistent basis is follow-up on the information. They don’t waste time waiting until the next day to make a phone call. They’ll make a call to their agent or their assistant almost immediately after they hear about the possibility of a property becoming available.
They get an address, name and phone number of the owner if possible. Or they’ll knock on the door of the house in question within an hour of hearing about it. They don’t waste time thinking about whether or not it might be a good deal. They take immediate action. They get the information they need that tells them exactly whether or not they should move forward. If the numbers work out, they write a contract on the spot, and have their newest “good deal”.
Turkish Jewelry And Turkish Real Estate Make Good Investments
Buying Turkish jewelry or Turkish Real Estate is a wise investment. Turkey is noted for its naturally beautiful and historical landmarks. It is also famous for its gold deposits which outdistance the puny 19K in the U.S. or Canada; Turkish gold is 22K, 23K, and 24K. investing in either jewelry or Turkish real estate can double your investments.
Jewelry Industry
Turkey is fast becoming one of the worlds emerging leaders in the export of jewelry and precious metals, rivaling Italy. The country can produce 200 tons of silver and 400 tons of gold annually, but this capacity has not been fully exploited. The top producers of jewelry are in the Anatolia area, Ankara, and Izmir, but the center for jewelry production is found in Istanbul. The growth of the jewelry industry in Turkey has grown to employ some 250,000 people.
Turkish gold and silver jewelry are ornamented with precious and semi-precious stones. These are usually designed with Anatolian or Turkish influences, which make Turkish jewelry distinctive. Expect architectural and textile designs on bracelets, rings, and necklaces. But there are newer designs to cater to modern taste.
With a reputed jeweler, tourists can get the best gold jewelry with less the cost back home and a certificate will be provided for every purchase of jewelry to authenticate its value.
Turkey is also famous for its precious stonesblack amber and iridized opal. Black amber in the Turkish region and nearby areas dates back to 130 million years ago and is prized for the unusual color. Opal, another precious stone, is iridized to give it a shine.
A popular jewelry piece is the silver and gold gilded necklaces and bracelets highlighted with semi-precious stones in varying colors, earrings of black amber and opal set in gold, multi-colored opal bracelets, silver and gold double chokers and bracelets in lacy designs, handcrafted anklets, and Evil Eye bracelets.
Turkey’s Real Estate Industry
Purchase of real estate property is restricted to twenty-four countries; among these are U.S. and Canada. Other countries are mostly European countries and it takes one to two months before the title deed is given to the buyer.
There is an assortment of Turkish real estate properties on the market ranging from golf apartments or villas, hotels, vacation homes, apartments, and land. Prices vary according to upscale and provincial locations for 200,000 or 29,000. Buyers can choose any location and type of property in any part of Turkey.
Properties on sale can be viewed online but before a purchase is made, an ocular inspection is advised to ensure that the property is in good condition and the documents are in order. A reliable online broker can be trusted to handle the transaction. But when personally buying the property, a reservation has to be made. The customer’s passport will be submitted to the Land registry Office.
The papers of the property will be inspected by the Military Head Office to check if the property is not located in a military zone. Taxes and fees have to be paid to the tax office and the authorized bank. The payments are announced during the final transaction in the office of the land registry before the seller and buyer sign the land registry book.
[Top]Real Estate Software – An Agent’s Guide to Software
Each, day thousands of real estate professionals go online to
research real estate software. But what is real estate software, and how
can it help you improve your real estate business? These are the
questions we will address here.
What is Real Estate Software?
When
we talk about real estate software, we’re actually covering a wide
spectrum of software products. In general terms, real estate software is
any software that helps you manage some aspect of your real estate
business.
The “some aspect” part of that definition is important,
because to date there is no real estate software that will help you
manage all aspects of your business. Instead, most types of real estate
software are designed to help you manage a certain element of your
business, like contract preparation for example.
Various Types of Real Estate Software
Below,
we look at some of the most popular types of real estate software. As
you will see, each type of software is designed to help you perform a
certain part of your real estate business. Please note that this list is
not all-inclusive. There are more types of real estate software than I
could possibly cover in this one resource. So at the end of this guide,
I’ve listed some additional resources where you can find any type of
real estate-related software imaginable.
Content Management Systems
Some
types of real estate software are designed to help you manage property
listings on your website. Basically, these are content management
systems (CMS) that have been adapted for real estate purposes. A good
example of such a program would be Realty Manager by Interactive Tools.
Such
programs allow you to add, edit or remove property listings (including
house photos) within your real estate website — without any knowledge
of web coding. If you have listings on your website that require
constant management, you can see the convenience of this kind of real
estate software.
Real Estate Contract Software
As the
name implies, this type of real estate software helps agents prepare
real estate contracts. As you well know, contracts are a big (and often
time-consuming) part of the real estate business. So anything that can
streamline and simplify the process would be welcomed by real estate
agents. That’s what contract-management software strives to do.
One
of the best features of real estate contract software — a feature you
should look for when purchasing this type of software — is the ability
to create contract templates by pulling in required disclosures and
other commonly used items from your city and state. This way, once you
have the real estate contract software set up how you want, you would
simply enter new client details and listing prices to generate
contracts.
Real Estate CMA Software
Once again, the
name tells you what this type of real estate software does. CMA software
helps you prepare comparable listings / sales reports that you can show
to clients. The biggest benefits of this type of software are time
savings, professional appearance, and basic mathematical functions. CMA
software will help you produce an attractive and informative CMA report
in less time than doing it without software assistance.
Contact Management Software
Contact
management software is not to be confused with contract management
software. Though they only differ by one letter, these two types of
software have nothing in common. Contact management software helps you
manage your contacts, or client communications.
Most of these applications are built around databases.
You enter client information into the database (with details such as
name, phone number, neighborhood of interest, etc.), and then you can
easily search the data later.
When choosing a contact management
solution, look for one that allows customization of the data fields. You
want the ability to create whatever info fields for each contact that’s
important to you. All of these programs will let you enter the basics,
like name, phone number, address and the like. But what if you wanted to
also label people with buyer vs. seller? Or by price range? Or by the
neighborhoods they’re interested in? You’ll need this kind of
flexibility, and any good contact managements solution should offer it.
Real Estate Educational Software
This
is another popular type of real estate software. As the name implies,
this kind of software helps you advance your professional education. The
most common types of real estate educational software are the test
preparation programs. These programs help you prepare for state
licensing exams and other real estate-related professional exams. For
just about every real estate exam you can imagine, there’s a piece of
software that can help you prepare for it.
Virtual Tour Software
Virtual
tours are extremely popular among real estate professionals these days.
Home buyers love virtual tours, so when you add them to your real
estate website, you’ve increased your website’s value for your key
audience. The only problem is, virtual tours are not an easy thing to
put together. That’s where this type of real estate software comes in.
One
way to create virtual tours is to have a virtual tour company do it for
you. With this option, you shoot the photos or film footage yourself,
and send it to a virtual tour company who creates the finished product.
But for the more adventurous agents, there is also the virtual tour
software path. Using this software, the agent creates his or her own
virtual tours, using photos taken by the agents themselves.
Real Estate Website Software
This
software covers a pretty broad spectrum. Real estate website software
can help you with many aspects of your website, from creating graphics
to capturing leads. But one product rarely does it all. Most types of
real estate website software are highly specialized, performing a
certain aspect of website enhancement.
Conclusion
So
we’ve seen that for every type of real estate business function, there’s
a piece of software to help you do it more efficiently and (ideally)
more effectively. Does that mean you need all of the real estate
software on this list? Obviously not. My advice is to look at the
business functions where you spend the most time, and shop for a
software product that can simplify that process for you.
It’s also
a good idea to play around with different types of real estate software
before buying. Most software vendors have either a free trial or an
online demo through which you can judge the product for yourself. If you
come across a software vendor who offers neither of these trial
options, then keep shopping. When purchasing real estate software,
always follow the rule of “try before you buy.”
* You may
republish this article online if you retain the author’s byline and the
active hyperlinks below. Copyright 2007, Brandon Cornett.
The Real Estate Market Of Mohali
Major realtors from all over India have realized the potential of the Mohali real estate market and are looking to develop promising residential and commercial properties in the area. This tier-II city is a part of the Tricities- Chandigarh, Panchkula and Mohali. The city has been developed as an extension of Chandigarh. It shares its border and architecture with Chandigarh. But Mohali has now emerged as a separate city, with a distinctive personality. It is the second best real estate investment option in Punjab after Chandigarh real estate. Home buyers including employers, traders, residents and NRIs have tapped the booming property market of Mohali.
Like most of the other property hotspots, developments on the commercial front has kick-started residential property segment in Mohali as well. Influx of highly-paid professionals employed by the business and IT giants operating in the city has rather translated into upbeat markets, and the impact is pretty visible. According to industry sources, capital values for residential plots in prime locations increased by 50-150 per cent.
Real estate developers like Emmar-MGF, TDI and Unitech have stormed the property market of Mohali. The city has witnessed a tremendous increase in the property prices and interest of property buyers. Now Mohali is being projected as a city with a very distinct identity. Office space in Mohali has already been caught by companies like Convergys, IDS Infotech, and other business and technical support companies. Besides that, the city boasts of a very pleasing and charming architecture. Commercial as well as hospitality investment in Mohali include construction of a five- star hotel, a couple of three-star hotels and two world class hospitals. Megaplex is also being planned which will be equipped with a film theatre and several entertainment options
Emaar MGF, one of Indias leading real estate developers is coming up with a signature project in the city called Mohali Hills. Mohali Hills is a maiden mega project of the joint venture in Punjab with a capital expenditure of Rs. 16,000 crores. Emaar MGF Land Private Limited has emerged Indias leading joint venture in real estate with residential, commercial & retail, IT parks and SEZs, Hospitality, Healthcare and Education projects being implemented on a pan India basis. The joint venture has brought in the largest FDI in the Indian real estate sector along with world-wide collaborations that have introduced best global practices in the sector today.
Mohali Hills is a project that includes development of luxury villas, premium apartments, terraced town homes and lies in close proximity to Chandigarh. Spread over many acres, this project is the first ever integrated township to be built in Punjab. This township will include residential plots, town houses and villas along with convenient shopping malls, landscape gardens and recreational centres, in simple words it will be a self-sufficient township. Mohali Hills will be a house for special education & wellness zones with fully-equipped hospitals, schools, and colleges in order to provide institutional facilities of medical care and education to the residents of the township. The township will also introduce world-class office & IT park spaces in the city which in turn will give a fillip to industry and business, IT in the state.
The project, Mohali Hills is the culmination of an MoU between the Government of Punjab and leading real estate developer, Emaar MGF to develop 5000 acres of land in different parts of Punjab; Mohali, Ludhiana, Jalandhar and Amritsar; through integrated township projects and urban infrastructure development projects.
Besides Emaar MGF, other developer that is taking keen interest in the property market of Mohali is Ansal API. The realtor is in the process of developing Golf Linksan integrated township comprising luxury villas, condominiums, penthouses and plots..
Unitech has also put stakes in Mohali, with its premium residential and commercial projects. Besides that some small developers are also investing in the city. Pearls Infrastructure is coming up with Pearls City, an integrated township, near Kharar-Banur Road, in sector 104. Taneja Developers is developing 200-acre township, which is yet another talked about project in the town. Other projects which will mark the development of the city are: the independent expandable villas, senior secondary school, club and recreation centre, hospital, and five star hotel, located on main MohaliKharar Highway.
In the meantime, the real estate developers are keeping their fingers crossed over the future scenario of Mohali, they feel that infrastructure development and progress on commercial fronts will play a significant role in the development of residential real estate at this emerging city.
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