You are welcomed to visit where various websites are about real estate such as business broker, inspection services, moving & relocation, appraisals and more.

Posts Tagged ‘Real Estate Services’

Discover More About Homes For Sale by Owner

Tuesday, June 22nd, 2010

These times today, if you have too many properties, you may have problems dealing with them and maintaining them in the future. You might be thinking what would be the best solution for those residential properties that you aren’t making any profit from – sell it. If you are thinking of selling these residential properties and you are not aware on how to go about it, you must do more research on Homes for sale by owner to learn how to deal with this kind of situation.

If you are to hire an agency, you will have to abide by their own conditions. At the same time, you may have to pay them any amount due if they were able to successfully find a buyer or successfully sold your home to your buyer. Unlike getting yourself engaged with what they say homes for sale by owner. You will not have to end up paying the agency which will lessen your profit for the house, and you don’t have to abide by any agency rules and regulations.

However, if you were to do this on your own, you must be prepared when it comes to dealing with legal matters as well as a lot of paperwork. More often you will encounter the term FSBO (For Sale By Owner), and you should be aware of what this entail. If you can’t sell lemonade to your neighborhood during summer, then what more is the challenge when you are to sell your very own home?

The good news is, you will be able to find a lot of FSBO resources out there that can assure you that you will be getting enough help when selling your home. You can easily search sites for homes for sale by owner and you might even be able to come across a site which gives their resources for free. Some sites would also cater for those who would like to get access to houses for sale. So you better start doing your homework now.

Real Estate Management Group Services

Friday, April 23rd, 2010

There are several important factors the investor should look for in the company they choose. A real estate management group should carry general liability and workers compensation insurance on all their employees. Do they have a fidelity bond? Ask to see proof of the coverage of both insurance and the bond. The company fees should be consistent with other management groups without a lot of variation. If not, why are they lower or higher? Check references about the performance of the company and its employees.

The investor should ask how many years the company has been in business. Find out the specializations of the group. Do they manage mostly small apartment buildings and multifamily homes or are they specialized in business or industrial property? Do they diversify, managing residential and commercial investments? What is their reputation in the industry? How do they manage the property? What computer system and software programs do they use? Is it current? What type of computer back up system do they use?

The real estate management group is responsible for increasing the net operating income of the investment, increasing the property value and protecting the property through insurance, inspections and routine maintenance. Many of the services provided by the group are through third party contracts.

The companies offer a variety of services depending on the investors needs. Some of the basic services provided by a management group include the following items.

Maintenance needs. They will contract with suppliers and service providers to keep the property in safe operating condition. They should keep tenants satisfied and the building in good repair. They provide services to tenant questions, concerns and any emergencies.

They are responsible for collecting rent and other deposits and posting them on a daily basis in the accounting software. They are also responsible for evictions, bill payments to vendors, utility companies and the mortgage payment.

The real estate management group will provide an annual and monthly financial report that includes rents and check registers. They determine and recommend increases in rents and lease renewals.

The group supervises all employees. The building manager, the groundskeepers and others assigned to the property are hired, fired and paid by the group.

The management group does the marketing of the property for renting as well. They create effective and creative marketing sources to handle the advertising of the investment. Many groups have full staff members to handle everything from brochures to websites to local advertising.

Other services a management group will offer include some of the following. These are usually offered at a separate fee.

They will do the commercial leasing through a leasing broker. Develop a management plan that includes the neighborhood and regional analysis, financial status and any recommendations. They will act as the brokerage for selling the property and supervise any large improvement projects. Some groups offer consulting services as well.

An investor relies on a good real estate management group to manage his investments. The investor will research several management groups before hiring. They will want to have a mutually beneficial working relationship that will increase rents, protect his property and boost the value of the property.