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Monthly Archives: September 2017

Yucatan Real Estate Owning Your Corner of Beachfront Paradise

While the main focus of Yucatan real estate tends to be the charming colonial homes in the capital city of Merida, there are also excellent beachfront options available along the beaches stretching across the north of the Peninsula.

While the main focus of Yucatan real estate tends to be the charming colonial homes in the capital city of Merida, there are also excellent beachfront options available along the beaches stretching across the north of the Peninsula. Consider some of the benefits of this area.

Very Quiet Lifestyle – The north shore of the Yucatan Peninsula is relatively low in tourism compared to bustling centers around Cancun. This means that you can live quietly on the beach, really away from everything even away from other people who are trying to get away from it all! The beaches are beautiful, as is the nature. Those who choose an in-town Yucatan home for sale will also find that the villages are small, quiet and neighborly.

Prices are Low While this is especially true of Yucatan land for sale out along the coast in the small towns and between, it is also true in town, as well as home ready to use. Fixer-upper homes have become a favorite in some of the towns. In all cases, prices are SURPRISINGLY low. The cost of living is also very low, in everything from groceries, to property taxes, from health care to traveling.

Ecological Areas are Available Further to the east along this stretch of beachfront, actually, there are large protected areas, such as Rio Lagartos, which is a large nesting ground for flamingos. Ecological beachfront lots can be found directly within the protected areas, offering the possibility of living a life in close contact with nature, while still living comfortably. If the other areas offer a quiet lifestyle away from it all, these offer it that much more!

Close Access to Airports The north coast of the Yucatan Peninsula has close access to two major international airports Merida (between 30 minutes and 2 hours away) and Cancun (between 1 and 3 hours away.) This makes arrival easy and affordable. Since most real estate attention has been looking southward from Cancun, beachfront lots and homes fairly close to both can be found that are still quiet, undiscovered and affordable.

Close to Modern Services For this same reason, owners can find a full range of modern services close by, including large supermarkets, sports complexes, malls, movie theaters, state-of-the-art hospitals and golf courses. The communities along the beachfront offer the basics, such as groceries, a few stores and banks.

If you have been looking for your own corner of beachfront paradise on the Yucatan Peninsula, consider the northern coast area for a quiet lifestyle and lower prices.

Recruiting Younger Real Estate Sales Representatives

We probably dont need to share the fact that recruiting the right person for your real estate business can be quite tricky. Reading various surveys, Ive seen that almost 80% of real estate sales representatives leave the industry within their first 2 years of achieving their license. Knowing this, is it any wonder that you need to find the secrets for recruiting the best people you possibly can?

Here are some general tips to help you find the best real estate sales representatives.

Review and update your online presence to appeal to younger real estate sales representatives.
The reality is millennials are very social media savvy, both in their personal and work lives. If youre not effectively using the internet for your agency, you could be missing out on some great interaction with this generation. The younger sales representatives have a unique opportunity to connect with first-time homebuyers and the younger investors.

Be a workplace where employees are truly valued.
Just as it is with any job, no one wants to work in a place that makes them miserable and doesnt appreciate their efforts. With the additional long hours, weekend and after hours work thats expected of real estate sales representatives, being appreciated and recognised is even more important. In a recent survey, approximately 23% of people said that workplace culture was the biggest factor influencing their job satisfaction.

Get into some face-to-face networking.
While the internet is great for getting the word out there, actually meeting up with people in person provides you with an entirely different experience, both for the recruiter and applicants. Make a concerted effort to attend local networking events, sales group events, seminars and the like. Even if you are not looking for someone right now, you never know who you might connect with that can be a useful contact in the future.

Meeting prospective agents in a work environment can give you a true insight into whether the person has the right skills and knowledge needed.

By directing your efforts towards younger real estate sales representatives, creating a positive work environment, and networking, you will be well on your way to finding quality real estate sales representatives for your agency.

Help!!!!
If youre struggling with how to attract the right employee, then our HR experts are happy to assist.

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Common Commercial Real Estate Contract Contingencies

Just like residential real estate contracts, Dallas commercial real estate contracts have their share of contingencies. In short, contingencies are found in most real estate contracts and are essentially “escape clauses” for both the buyer and the seller.

Each party wants to make sure they are protected in the real estate contract, so real estate contingencies are a common occurrence. They often make the contract much easier to handle for both the buyer and the seller, as it provides them with an opportunity to back out of the contract for a number of reasons.

Although both residential and Dallas commercial real estate contracts both have contingencies, the contingencies themselves are quite a bit different. The following list details some of the common contingencies found in Dallas commercial real estate contracts:

When purchasing a parcel of land for Dallas commercial real estate, the contract may be subject to the approval of the buyers attorney. Because Dallas commercial real estate contracts may be decidedly more in depth than residential real estate contracts, waiting on the approval of your attorney when buying Dallas commercial real estate is quite common. It is also common to have a contingency that is based on a business professionals partner or investor, as it is important to get approval from everyone involved before the contract is finalized.

Many commercial real estate contracts include contingencies that are based on financing approval for the buyer. For tracts of land, this contingency may include approval of a legal survey, if one has not already been done. In addition, a buyer will likely want to include in the purchase agreement some language about obtaining necessary permits and zoning for the commercial property.

When speaking of commercial tracts of land, there may be a contingency with verbiage regarding liens on the property. In particular, the purchase of the land will be contingent on no “environmental cleanup” liens.

It is common to have a contingency based on: the buyer achieving a loan of at least 75 percent of the purchase price of the Dallas commercial real estate property; the buyer being satisfied with the inspectors report; and the buyer being satisfied that the property can be remodeled or renovated to his or her satisfaction. In other words, the buyer will likely include a series of contingencies based on the use of the commercial property and how it can and cannot be used.

The use of a realtor qualified in commercial real estate is crucial, as he or she will be able to guide you when making a commercial real estate transaction. Real estate companies, like VIP Realty, have a plethora of highly qualified and experienced realtors who have extensive experience in dealing with commercial real estate contracts. It is important to never enter into any type of real estate purchase agreement, whether residential or commercial, without advice from a trusted realtor and real estate attorney, as they will be able to best protect your interest in the real estate transaction.

Carmel Valley Real Estate

Carmel Valley Real Estate

Carmel Valley and Rancho Santa Fe homes – best method to find homes to rent in this scenic and exclusive area demands some knowledge of the surrounding area. The properties are situated in peaceful landscapes, allowing privacy, but within close reach of the shops, restaurants and also the many other facilities in and around an area.

Finding a luxury private property for rent is a job finest left to the services of someone familiar with the local housing situation. The local realtor has knowledge of the area and the rental housing marketplace. A professional and qualified estate agent can present a tremendous increase to any home hunting search.

Many people today think they can find a suitable property to rent without making use of a realtor. They can waste a great deal of time and funds looking rents add in local media, driving around in search of properties to let or rent and ask acquaintances and family to look out for properties to rent. This can occasionally be effective, but they require to already live within the area and know it well for any chance of success.

But, there are lots of pitfalls to the do it yourself approach. It could be so simple to miss the perfect property. It can take a whole lot time and money to search your self. It’s quick to fall foul of States property laws. To attain value for cash you have to be a skilled negotiator or it can swiftly turn out to be an overly high-priced outcome.

But for those who decide to take advantage of an experienced realtor. They receive the level of support and assistance that they want. A written contract is drawn up detailing the requirements and expectations placed on both parties by the contract. Both sign off the contract and retain copies for reference.

Engaging the services of a real estate consultant will cost much more than small change. But when agreeing the terms of the contract and analysing the time and expertise that it is necessary to use in order to find the perfect home, the cost can be cheap and is worth while.

In Carmel Valley and Rancho Santa Fe Homes – best way of finding homes to purchase is to use the realtor. The real estate agent may have years of experience to call on. They are much better placed to deal with all aspects of purchasing the ideal home.

Wait, don’t miss all our helpful resources on Homes in Carmel Valley! City and Home information can be found here for Rancho Santa Fe Real Estate For Sale.

Finding A Real Estate Agent

Nothing works on its own. In order to gain something, you have to give your time and effort. When you have something big in mind, you still have to find ways to make it happen. Buying a home has never been an easy task. So much saving and hard work goes into it. You would need real estate agents who do the deed and its your duty to find the right one because the result of your new home will depend on it.

But before getting into it, it is important to understand what they really do. A real estate agent has a license from the state he works while a realtor is an agent who has an additional certification from the National Association of Realtors. A real estate broker owns a different license and more training. However it is not important which title you choose to work with because what matters is the commitment and local knowledge of the agent.

Starting your search
When you go about looking for an agent, you will find that there a few types of real estate agencies like small ones, large ones, franchises and independent agencies. Keep in mind that the individual agent is always a better option. There are types of representation that you should be aware of. Most agents are real estates agents which is suitable for sellers. Brokers represent the buyers interests.

You will find a list of real estate agencies online and the phonebook. Dont make the mistake of picking one at random. Put in more efforts and check out the neighbourhood you are interested in. Your newspapers real estate section may give you a listing of a home you like but the agent may probably tell you that the property is already taken which leaves you for a second choice. There are agents who use this method to trick customers. Having a long term relationship with your real estate agent is advantageous.

Choosing the best agent
Look out for experienced agents as they are more efficient. Part time agents may not give their full attention on your project. Enquire all that you need to know. Get a few prospective realtors and see what they can do for you. Get references from them or other friends who might know.

The National Association of Realtors website can list realtors in your area. Find an agent who can work with your schedule. But if you can spare your time on this project only on evenings and weekends, you may not really succeed with an agent who works only on weekdays. Try to reschedule your time if the need arises because your home is an important priority.

Make your decision based on the quality of the work because without it, the outcome wont be successful. Pick the agent who can provide you with the kind of work you expect. Much research should go into it as only then you will come to know which agent can really fulfil your plans promisingly.

Real Estate Investment in Mexico

Before you decide to make any Real Estate Investment in Mexico, there are few important things you need to take care of. The most important been Trusts. Foreigners interested in buying Real Estate in Mexico have to understand that they can acquire rights over real estate investments in Mexico both in the coastal and in the border zones through a trust, which is a legal instrument very similar to those commonly used in the United States of America.

To explain in layman’s term. The fact is a foreigner cannot buy Real Estate in the restricted zones of Mexico. But foreigners need not get disheartened. There is another easy and legal way to enjoy all the benefits of owning real estate in Mexico.

The way is a sort of Real Estate trust known as Fideicomiso. This is a trust agreement between Mexican bank and property seller for restricted zones. The bank acts as trustee and buys lands on behalf of the foreign buyer. This means that the bank has the title to the Property in Mexico. A foreign buyer need not worry about the losing rights over the Mexico Property. The Bank is merely a trustee and has a fiduciary obligation to follow the instructions of the trust beneficiary in this case the foreign buyer. The trust beneficiary has full right to use or sell the property as deemed fit. The beneficiary can even rent the property, can borrow against the property, and can sell the property if he or she so chooses without any problem at all.

Mexican law provides that the original trust term of 50 years has to be renewed for additional 50-year periods, but it is important to know that this can be set up to be done in perpetuity upon the written request from the beneficiary of the trust. It is always a good idea to set this up to happen automatically if possible, that way the bank will not have the opportunity to come in and claim your land upon the expiration of the original trust. Or you could have an attorney oversee this.

Now, that you know that buying property is easy if you just care to get familiar with laws of Mexico. Tourism is a major source of development and earnings for Mexico; therefore Government of Mexico ensures that foreign investors can easily invest and reap benefits of this booming economy.

Mexico offers unparalleled beauty and life style choices coupled with sound real estate investment opportunities. Now, you don’t have any reason not to enjoy living in Mexico. So, go to Mexico and buy a dream home for yourself and have a time of your life.