The Secret To Selling To International Real Estate Buyers

The Secret To Selling To International Real Estate Buyers
The US housing market is today very much a buyers market,
however ask yourself one question where are all the buyers?
The answer could well be found abroad with international
buyers and in particular overseas property investors.
Whilst the US suffers overseas investors are reaping the
rewards of great currency exchange rates. Many overseas
property owners have huge amounts of equity in their homes
and know that buying real estate at low prices is the key
to long term success.

Selling property to overseas property buyers is not as
straightforward as selling to local property buyers.
Overseas buyers are in a state of disorientation and may
feel vulnerable to malpractice. This results in overseas
buyers being seemingly over cautious and on some occasions
suspicious of the property agent. The real estate agent's
job is to reassure and inform and never over sell. Applying
pressure to secure a deposit from an overseas buyer will
undoubedtly result in a withdrawal later on.

Real estate agents need to release the pressure

Overseas buyers warm to real estate agents that do not
create additional pressure. Buyers are under a lot of
stress they are in unfamiliar environment. Many are
apprehensive of being ripped off. They want to know that
you are legitimate and for you to prove it. The golden rule
is to inform inform and inform again. Information will help
sell your properties to overseas buyers. Never over sell or
create a climate of pressure.

Some things and agent should know

A real estate agent or developer who is knowledgeable about
their locality and about the property in question is half
way to gaining the confidence of the nervous overseas
buyer. Information that you may help you and the buyer work
together includes information on : visa applications,
importation costs, taxation, mortgage process, building
insurance, local taxes, the buying process,crime rates,
international money transfers,nearest airports, local news,
historical information, the list goes on.

Develop your powers of empathy

Real estate agents selling property to buyers from abroad
need to have the power of empathy. Ask yourself what I
would feel like buying a property in a foreign land. How
would I recognise a good agent and a good deal? What
information would I want my agent to know?

Selling off plan or pre construction property

Real estate agents selling a new property to an overseas
buyer should be prepared to answer these typical questions.

1. What guarantees do I have that the developer for this
new property will not go under?

2. Will my deposit be placed in an Escrow account?

3. Tell me about the building company, what work have they
done in the past

4. Has the builder secured planning permission and local
permissions for the project?

5. Are there any legal safeguards for foreign investors in
the case of non-completion or poor construction work by the
developer?

6. If I decided to sell before completion of the project,
would that be possible and would I be penalized in anyway?

7. How easy is it to buy and sell property in this country?

8. What if I decide to sell the property?

9. Are there any other fees while the project is being
built and what about after completion?

10. What do you anticipate the rental income to be once the
facility opens based on current rates at similar properties?

11. What is the payment schedule?

12. What happens if the building is delayed?

13. What is the rental yield I can expect?

14. What are the tax and inheritance implications?

15. What is the buying process in this country?

Your Golden Ticket

An agent who can put a buyer in touch with another overseas
buyer that has used their services is a golden ticket. So
once you have secured a deal with an overseas buyer see if
you can use them to help you get that next deal.

Selling property to overseas buyers a road to success

Selling property to overseas buyers can be very challenging
but rewarding experience. The agent that holds the buyers
hand throughout the process will undoubtedly be the agent
that successfully sells to the overseas buyer.

----------------------------------------------------
Overseas property writer Nicholas Marr also runs a
International Real Estate Blog at
http://www.homesgofast.com/blog

What Do You Need To Do To Sell Your House Online?

What Do You Need To Do To Sell Your House Online?
There are many different ways that you can sell your house
online. You just have to take some time to do some research
about it so that you know what to do.

Selling your house online can be great if you are in a
hurry and if you have time to spare as well. There are a
couple of things that you will want to do right away if you
want to sell your home online.

One: You want to decide if you are going to use a real
estate agent or if you are going to sell your house online
yourself. If you use a real estate agent then they can put
it online for you, if you don't use an agent than you will
have to list your home online.

One way to do that is to buy a domain name and set up a
blog for free with Blogger.com. Then you can add pictures
and comments. You can also promote your domain name in
various ways offline where you live.

Two: There are many sites online that you can pay a small
fee to have your home listed on. Check out as many of these
sites as you can and only do the ones you can afford, plus
the ones that look like they would help you the most when
it comes time to sell your home online.

Three: There are also free sites where you can list your
home. Be careful of these and thoroughly check them out
before you decide to use them.

Four: Make sure you have a good, clear picture of your
home. The more pictures you are able to list of your home
the easier it will be to sell your home online.

If you do not have a quality digital camera either buy one
or borrow one. People will be looking at your pictures and
this really is one instance where a picture can be worht a
thousand words.

Five: Write a good description of your home. Don't just
list a few things and hope it sells. Give as detailed a
description as you can. The more information you give about
your home the easier it will be to sell your house online.

This is 5 valuable tips to help you sell you home online.
Armed with some of these ideas you can now get ready to
make the sale.

----------------------------------------------------
James Redmond invites you to visit his best home offer
website if you want to sell your house online. If you are a
private party who must sell your home because of
bankruptcy, divorce, to stop foreclosure, short sale, or
other issues he can help. He specializes in private party
must sell home help including selling Orange County homes
fast. Please click here now to learn more:===>
http://www.thebesthomeoffer.com

How to Avoid Being Sued When You Own Rental Real Estate ....

How to Avoid Being Sued When You Own Rental Real Estate ....
The decision on whether to manage your own rental property
or to outsource it to a professional residential property
management company is a personal decision that only you can
make. Two important aspects of owning and managing
property are knowing how to properly screen tenants and
developing adequate knowledge of property law. Let's look
at both of these very important issues.

Tenant Screening - When a potential tenant submits an
application for housing with you, you have to make a
determination as to whether or not you want to rent to
them. A hundred years ago you might have been able to
reach a decision based upon a gut instinct, but you can't
rely on instincts or hunches if you want to maximize your
chances of a positive experience with a tenant you don't
know.

As an individual real estate investor, you have limited
information at your fingertips. While you can call past
and present employers, landlords, as well as other
references, that doesn't necessarily paint an accurate
picture of what kind of tenant you'll get if you opt to
rent to them.

Because information is power, you will want to obtain as
much high-quality, detailed information about potential
renters as you can to reduce your potential liability in
the event that something unexpected happens. For instance,
what do you do if it turns out that your "good renter" is a
pedophile or a rapist? Can you afford a lawsuit from
another one of your tenants if something happens and you
get sued?

There is a glut of information available in a variety of
computer databases, but if you don't know where to look,
it's useless. In addition, as an individual you might have
difficulty running criminal background checks, credit
checks, and other public notice checks. A professional
residential property management firm can complete these
checks very quickly and easily, and is well-versed in the
best ways to go about gathering this information.

Property Law - You're not a lawyer, but you almost have
to be in order to understand the myriad laws, rules, and
regulations that pertain to how you manage your property.
Federal, state and local laws vary and change regularly.
Just a few of the laws that affect you and your property
include the Americans with Disabilities Act and Federal
Fair Housing regulations. Ignorance is no excuse in the
eyes of the law, so if you run afoul of just one of these
laws, you open yourself up to being sued by a tenant, or
being fined by a governmental regulatory agency - or both.

Do you know if your property has to have a wheelchair ramp
or safety rails? What about the rules pertaining to
wiring? There are hundreds of laws, rules, and regulations
that directly apply to you and you're expected to be in
compliance with all of them at all times.

You can learn these various rules, but they change so
frequently that it can be a full-time job just staying on
top of all the changes. If you aren't in compliance,
there's always an attorney willing to file a lawsuit
seeking money from you for having the temerity to violate
the law.

If you aren't able or willing to be a "hands on" landlord,
a residential property management company can provide the
knowledge and expertise to decipher and sort out all of
these rules and regulations and keep you in regulatory
compliance.

Rates are reasonable and you will rest easier knowing that
the heavy lifting is being performed by knowledgeable
professionals who have a vested interest in seeing to it
that you're in full compliance with all of the rules and
regulations.

----------------------------------------------------
Mike Lautensack is the owner of full service Residential
Property Management company based in and around
Philadelphia, PA. He advises real estate investors how to
build wealth and financial security through hassle-free
ownership of investment real estate with their "No-Hassle
Property Management Program." This proven management system
allows owners to enjoy the financial benefits of cash flow,
tax savings, and wealth creation while it GUARANTEES you
will never receive a late night emergency call, deal with a
lengthy eviction proceeding or ever have to interact with
an irate tenant. For more information please go to
http://www.delvalproperty.com/ .