Sale
« Previous EntriesTransferring the Property into your name
Thursday, September 4th, 2008real estate, property, house, homeowner, mortgages, refinance, debt, credit, loan, financial
Key Glossary of terms for Property Acquisition part 4
Thursday, August 28th, 2008Sectional title
This is an entire complex (flats and townhouses) divided into individual units which are then sold separately
Sole mandate
A signed agreement between the seller and the estate agent to market a property exclusively. Once the agent is allowed to market the property, he has sole rights.
Key Glossary of terms for Property Acquisition part 3
Thursday, August 28th, 2008NHBRC
The National Home Builders Registration Council ensures that builders extend their commitment to customers by providing a five-year warranty.
Null and void
A legal expression emphasising a final cancellation or lapse of a sales agreement. It puts both parties in the position they were in before the agreement was signed and leaves each without any obligation to […]
Key Glossary of terms for Property Acquisition part 2
Thursday, August 28th, 2008Guarantees
Written undertakings issued by registered banks guaranteeing payment of part or all of the purchase price on registration of transfer. Guarantees are furnished to the transferring attorney.
Installment amount (Monthly repayment)
This is the basic monthly installment amount payable on the home loan, excluding insurance or assurance premiums, where applicable.
Key Glossary of terms for Property Acquisition part 1
Thursday, August 28th, 2008Addendum
A supplementary agreement to an original “Offer to Purchase” covering points agreed to afterwards. It is a separate agreement in its own right and, if it contradicts the original in any way, it is presumed to overrule it.
Agreement of sale (offer to Purchase)
The basic contract of sale and purchase between a willing seller and buyer. […]
Jobs in Real Estate Industry, Basic Guidelines and Policies to Follow, Career of Selling Properties (11-14)
Monday, July 7th, 200811. Signs and sign register. “For-sale“, “sold” and “showhouse” signs will be provided by the firm. The following responsibilities relate to signs:
If you obtain a mandate, it is your responsibility to place a “for-sale” sign on the property without delay.
If you sell the property, it is your responsibility to retrieve the “for-sale” sign without delay […]
Jobs in Real Estate Industry, Basic Guidelines and Policies to Follow, Career of Selling Properties (1-10)
Monday, July 7th, 2008Preamble
You are an associate in our professional team of salespeople and not an employee. We are proud to be associated with you as an independent business person and respect your freedom to conduct your business in an efficient and professional manner. In order to ensure that an association such as ours functions efficiently and achieves […]
Boost Property Sale, better Sales Promotion Explained, Real Estate Market Scan
Sunday, July 6th, 2008Sales promotion includes the presentation of gifts such as diaries and calendars, providing the prize money for a high school essay competition, helping to raise funds for purchasing, restoring and preserving a historic home for the benefit of the community, taking a leading role in resisting an unpopular decision by a local authority to locate […]
Real Estate Sales Promotion strategies, get Properties into International Market for a better Price! continue…
Sunday, July 6th, 2008Property Cooperative Actions
Cooperative sales promotional ventures are activities undertaken jointly by your own firm and other businesses with the costs and benefits being shared. You may, for example, decide to cooperate with a furniture store and an interior decorator in furnishing your show house. In this way your property is shown to its best advantage […]
Real Estate Sales Promotion strategies, get Properties into International Market for a better Price!
Sunday, July 6th, 2008Property Advertising Specialities
An advertising speciality should ideally satisfy three criteria — CI relatively low price;
high visibility; and
excellent utility.
Typical examples are calendars, pens, pencils, matchbooks, diaries, time planners, nail clippers, key rings, rulers, memo pads, playing cards, metric conversion tables, beer mugs, ties and city maps. These items usually bear the name of the advertiser and […]
Suggestions for Successful Real Estate Advertising
Thursday, July 3rd, 2008In order to advertise effectively you should pay attention to at least the following matters:
Understand what advertising is and what it can do for you. An advertisement is a message akin to the message or sales talk of the salesperson and involves the same kind of selling procedure as sales talk. Like sales talk, the […]
The Estate Agency Business’s Promotion mix for Personal Selling
Thursday, July 3rd, 2008Personal selling by a salesperson is one of the main ingredients of the estate agency business’s promotion mix for selling its own services and for selling properties. There are many reasons why the salesperson is important. Consider the following:
In many cases the salesperson has to persuade potential clients actively before the firm can obtain mandates.
Immovable […]
Real Estate Agent, Homeowners motivation and cooperation
Monday, June 30th, 2008It is important to analyze how motivated the owner is to sell and how cooperative you expect him to be in the sales effort. Owner motivation and cooperation are very important factors in determining whether or not a property will sell. To conduct this analysis, use the information obtained in qualifying the seller.
At the other […]
Property Market: Home Buyers appeal of the Subject Property
Monday, June 30th, 2008Once you know the objectives of the owner, have inspected the property and conducted a market analysis, you can make recommendations on the market position of the property so that it will have good buyer appeal while achieving the objectives of the owner.
Similar to owner motivation and cooperation, you can develop a visual profile from […]
Home / Property Marketing plan seriously Homeowners part 2
Sunday, June 29th, 2008Promotion activities
Once you have identified your target market by buyer type and where possible, identified individual and company prospects, the question arises: How do I reach these people in my target market? This is the function of your promotion campaign which involves the use of four “tools”, personal selling, sales promotion, publicity and advertising.’ 6 […]
Home / Property Marketing plan seriously Homeowners part 1
Sunday, June 29th, 2008Each marketing plan should be developed taking into account these six questions:
What do I have to sell? (DECIDE ON THE SALES PACKAGE)
Who are my most likely buyers? (TARGET MARKET ANALYSIS)
How do I reach my potential buyers? (PROMOTION ACTIVITIES)
How should my promotion activities be scheduled? (THE PROMOTION CAMPAIGN)
Who will be responsible for what? (PEOPLE INVOLVEMENT)
How much […]
Commercial Property, Get action to implement your Marketing plan
Sunday, June 29th, 2008The marketing plan is implemented by executing all those activities that you decided upon to locate and inform buyers and to create and stimulate a demand for the property.
In order to implement your marketing plan successfully it will be necessary to create an adequate feedback system for the capture and recording of the following information:
Direct […]
The initial Negotiation with a potential client
Friday, June 27th, 2008business, marketing, advertising, property, rental, real estate, liquidation, refinance, homeowner, credit loan, mortgage, loan
The Ongoing relationship with tenants
Wednesday, June 25th, 2008lease, rental, hire, mortgage, personal loan, credit card, personal finance, payday loan
Get Leasing Principles Work
Monday, June 23rd, 2008Lease, real estate, tax, mortgage, personal loan, career, Motorcycle, MP3s, Spyware, Modern Amusementm, Luxury-Watches, Data-Communications
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