In real estate, most houses are sold by the square foot. If a 1,000 square foot house, is listed at $400,000, then it is selling for $400 per square foot. This means that when determining value, your real estate agent needs to look at what houses in your area are selling for and multiply that number by the square footage your house has. In other words, the larger your home, the greater the value. [Read More]
A Piece Of The Pie: Is Fractional Ownership For You?
You may have heard of fractional ownership by its previous name–timeshares. This term gained a bad reputation so the industry re-branded itself and cleaned things up a bit. While this way of owning a vacation property is still a bit risky, it's still a great way to carve out your own personal piece of paradise as long as you proceed carefully. To learn more about fractional ownership, read on. A Fraction of the Property for a Fraction of Time [Read More]
Tips When Working With A Commercial Real Estate Agent
If you're opening a business and need a brick-and-mortar store, working with a commercial real estate agent is a great idea. They can help you find properties quickly and take care of the paperwork. If you use these tips when working with said professional, this real estate purchase will be a stress-free process. Give Them a List of Needs You want this commercial real estate investment to work out for the foreseeable future. [Read More]
Real Estate Agent, Broker, Adviser, Or Attorney | Which Do You Need?
The world of real estate can be confusing for those who do not work in the field every day. There are so many terms to know and players to watch that it can be overwhelming. Let's face it, the average American buys only three to four houses over the course of a lifetime. That does not equate to a lot of experience with the real estate buying and selling process. You need help, but from who? [Read More]