Selling a property is not an easy task even for the most seasoned real estate agent. The best way you can make a dull or unattractive property worth buying is to reposition it by highlighting its positive points. Though reducing the sale price or rentals is the first thing that comes to mind as a property repositioning tactic, one also needs to understand market conditions and potential uses of the property to market it effectively. Different techniques have to be used for repositioning commercial and residential properties as target markets are varied. For real estate agents dealing in … [Read more...]
Four Responsibilities of a Property Manager
You may be aware of the existence of property managers, but may not know about the exact responsibilities of a property manager. A property manager is usually hired to manage the daily operations pertaining to an investment in real estate. He or she can manage different types of properties ranging from large apartment complexes to compact single family homes. While a property manager’s responsibility may vary based on the clauses of his agreement or his salary, here are some of the fundamental responsibilities of a property manager. Responsibility for rent setting and collection: Property … [Read more...]
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