Bellewaters EC is an exciting new executive condominium with 99 years leasehold title in the development of Sengkang West area. This new EC in Singapore anticipates completion which will end in the year of 2017; it is constructed of 10 blocks having 651 units with 16 and 17 storeys. Located right beside the Sengkang Riverside Park, residents will have easy access to the Watertown located nearby. The presence of Seletar Mall and the Compass Point enhances the popularity of this place, especially for the families for fun purposes. Bellewaters EC genuinely introduces you to the new world of lifestyle which is waiting for you to access it.
It has entire and unique facilities and opportunities which let in a security guard house, playhouse, function room, gym, Tennis court, and 50m Pool Deck, Family Pool, and BBQ dining area, Play Fountain, Children’s Playground, Garden Trail and lots more. This all constitutes to enhance the popularity and reputation of the place. It gives enormous opportunities for the family persons because of the entertainment and educational facilities located nearby. Indulging in the serene and the calm surrounding correctly defines the peaceful and pleasant locality.
Nearby entertainment opportunities
Entertainment today plays a vital part for the families and people to look upon and then share the rent. So, for all the owners it is important to provide entertainment opportunities at the fingertips to promote their locality. So, for all the entertainment lovers just hop into this place and enjoy your time. Not only entertainment matters, but transportation also matters to a great extent. Since most people are working in offices and companies, transportation matters a lot to them. Therefore, locating your community in the center city is the best location. Secondly presence of some shopping centers and business hubs also play a major role in promoting your society.
Are you willing to acquire better lifestyle in Singapore? Do you wish to have better facilities nearby your residential apartment, so that you may enjoy to full extremes of entertainment. Just dial the hot number and get registered with prestigious developer Capitaland Residential Ltd who has developed Marine Blue Condo in District 15 on Marine Parade Road, Singapore, the posh area full of activities day and night.
You can enjoy plenty of in-house facilities provided by the developer in Marine Blue Singapore condominium. Improve your swimming skills in indoor swimming pool, play pool games, enjoy club life in club house and reading room. Playground for children is full of amazing facilities for all age groups of children. Indoor gym, function room, Sun Deck, Guard House, outdoor fitness station and BBQ areas are other additions in facilities for the residents. Floor plans of the condo are yet to be made available by the developer. Watch preview by just getting registered on website, providing information about type of unit desired and your email address. Sales person shall be at your threshold to provide all information you desire. Approximately 120 to 150 units shall be available for sale in the project in very economic and competitive pricing as compared to units provided by other projects nearby like The Seawind, Moda, Corails and Leville Isuites. Three types of units, 2-Bed, 1 + Study and Strata Terrace are being offered for sale. Choose your requirement and get the details from the developer.
Marine Blue apartments are quite close to famous Parkway Parade shopping mall. The mall houses a number of food courts, eating establishments, clinics, banks, boutique shops, supermarkets and variety of F & B shops. Premier primary and secondary schools are well within the accessibility from the apartments. Within 15 minutes one can reach Changi International Airport from the Marine Blue Condo, one of the best in Singapore. Leisure places of repute such as East Coast Park, Stadium Waterfront, sports hub and famous waterfront park are in close vicinity to these premier apartments. Katong Plaza is within walkable distance. East Coast Natural Park is reachable within few minutes from these classic apartments situated at prime location well within the middle of the city.
Look for your requirements and decide to have proper sized apartment in this well developed condo. The complete area has been developed as resort type, so you can entertain with your dear ones in holidays in a luxurious and grandeur manner. Easy access to orchard shopping belt may lead to a joyful life. Marine Blue condominium is just 1.8 Kms from Eunos Train Station lying on East West line. It is not difficult to own an apartment in Marine Blue Singapore project. Get in touch with the developer and its sales person to have proper information regarding purchase. Adopting lifestyle which matches to modern trends is a dream of every individual. Owning luxurious and modern condo is the right step towards fulfilling this desire. Don’t wait; come in queue to avail discounts and priority.
When you look for a home, what are the main features you look for? Most probably, a posh location, top-notch facilities, spacious rooms, good neighborhood, access to the basic amenities and connectivity to the other areas are some of your prime concerns, isn’t it? Considering all your concerns, here is a good option for you, the Santorini tampines condo. It is situated at the Tampines Avenue 10. So, you can easily understand about how good its location is. Yes, it is really close to the Tampines MRT Station as well as the Tampines Regional Centre.
Some of the major amenities located close to this condo are – Century Square, Tampines Mall, Sport Complex, Tampines One as well as the West Community Club. You will also find some good schools, nearby. The potential residents can also take a leisurely walk to the Bedok Reservoir Park. There are many other recreational centers situated in close proximity to the vicinity of the property. The residents can stay well connected to the other parts of the region through the arterial roads and highways. So, the residents will be able to enjoy a healthy and happy life.
Arrangements of the units and other facilities
Now, let’s find out some of the main features of the condominium itself. It spreads over a spacious area measuring about 17,102.90 square meters. There will be 597 units divided in to 8 fifteen story edifices. The number of bedroom the condos will have ranges for one to five. Ultra lavish 5 bedroom penthouses and 4 garden duplexes will also be there, but in limited numbers. Apart from the grand units, the residents will get other facilities, like pool, jogging track, playground, gym, spa, salon, Sun deck and many others, as well. In order to get registered for latest updates, you can search the internet.
If you are thinking of settling down in Singapore or gifting yourself and your family a better living space, equipped with all the necessities you can think of, you should consider getting a residence in Highline Residence Singapore. The Highline residences are actually condominium buildings, constructed by some really well known property developers of the Singapore. They are usually located in the posh areas, having great connectivity and all the amenities to offer you a wonderful lifestyle. The residences are well connected via roads to the business and shopping destinations like Marina Bay, Orchard Road, or Sentosa.
The highline residences are normally condominium projects, where one owns each unit of the project, but the residents share other facilities like playground, swimming pool and gym. These encompass large areas, approximately an area of 10,990.6 square meters, thus offering you a vast housing space that is full of lush greenery too.
If you are a resident of the Highline Residences condo, then you can be sure of having no worries about the transport and communication, getting recreation, shopping destination or your children’s education, as all these are within your reach. Some of these residences are located in the vicinity of Telok Blangah Hill and Mount Faber, where you can take a walk or jog in the morning to stay close to nature and stay healthy. Forget about traveling far to get all the daily requirements as all major shopping destinations are located in the vicinity, where you can get anything and everything you want, from highly fashionable attire to grocery, from hi-tech gadgets to food items. All your worries and concern about your child’s education are eliminated as these places are also very close to all the renowned schools of the city. So, what are you waiting for? Get a dream home by studying the Highline Residences floor plan provided and enjoy the blessing that life is.
City Gate is an advancing Mixed Residential endeavor (ex- Key Point) with311 housing as well as 188 retail entities. City Gate Condo is a prized spot which is positioned at the very important locale of Singapore to permit to abundant former parts in Singapore passing all the way through expressways, Nicoll Highway MRT stations in addition to bus stops around. City Gate is haughtily fetched to customers a collection of exceedingly regarded developers.
Intrinsic worth of City Gate Condo
City Gate Condo is positioned at the crossroads of Jalan Sultan Singapore with Beach Road. City Gate Condo is at middle the of Singapore very important area’s key development sections that is to state Kampong Glam with Kallang Riverside. It is build up by Bayfront Ventures Pte Ltd. The enterprise is the Joint undertaking amid Fragrance Group and World Class Land. The sum net spot area of the development is 7268.90 sq.m (78242.44 sq.ft). The gross flooring area is 36,344.50 sqm (391,212.20 sqft). The plan ratio is 5.0. The utmost tallness of the structure is 30 storeys which consist of 3 storeys Podium Car Park, 25 storeys Residential Tower with Sky Terraces on 6th and 24th storey and 3 storeys Commercial Podium. The development is planned by SAA Architects Singapore. The housing unit mix comprises of one plus two bedroom unit as well as two plus three bedroom DK unit. It as well has one, three along with four bedroom penthouse units. The Commercial Unit Mix includes restaurants, food court supermarket and shops
This is the most excellent alternative for the folks who wish for acquisition of an asset in shape of a built-up house in Singapore. The housing development has striking sea scene of Kallang Basin resting on the Eastern along with Southern sides. The entire development has a dazzling view of calm, bright and full of activity life of Singapore.
The developers have concern over the home owner’s health and peaceful life. Where there is disease, there would be restlessness and health problems exist. Therefore, the sellers of building complexes of commonwealth towers condo have taken huge efforts and installed water purification plant to distribute clear and purified water to all occupants. The occupants need pure water for drinking and for getting the purified water; they would search many places and methods. They would buy mineral water duly paying money to the mineral water selling people. The occupants have benefits by buying the houses from these experienced and well-known sellers and continue to enjoy the benefits forever.
The sellers have provided sewage treatment plant for the occupants
The developer of commonwealth towers condo have installed the sewage treatment plant in all of their residential complexes. The purpose of providing this sewage water plant is to separate the grey water from the black water and to recycle it for the development of plants and garden area. The builders have provided this facility for the occupants to get green environment for them. The discharged dirty water is treated by the modern scientific instruments and machinery provided in the sewage treatment plant. The technical professionals have designed and taken care of maintaining the quality of grey water discharged from these water treatment plants. They use Japan and other advanced countries’ technology in separating the grey water from the dirty water.
The residents enjoy fresh air through the surrounding gardens
The garden lovers want to develop the garden by planting the plants as they like. As the builders have installed the sewage treatment plant in many places of the housing complexes, the grey water is discharged into the garden space giving way for growing many useful plants for residents. The residents get vegetables and greens by the garden plants.
There are occasions when perhaps you’re considering whether should you choose a condominium life or maybe not as there are countless genres of pros cons or problems for one to manage that may be actually confusing at times, isn’t it? So such situations you’re completely lost and don’t have any clue the best way to command the situation or the best way to do it. Below are several issues which will let you comprehend the fundamental differences between an excellent condominium including an ordinary life that is home-based and Lakeville condo Singapore and ideally this section enables you to recognize what should be your next step.
There are lots of parks and gathering areas out there-in Lakeville jurong where people curl up and can readily seat. So in situation searching for some equilibrium in addition to searching to invest your existence calmly subsequently this location is simply perfect for the assistance and a person who is retired from their job are you. Investing in this house is a good choice due to the fantastic summation around 3 lakes within this area of butter. The Crystal Lake, Orchard Lake and the Lake Marion are some lakes within this area. These lakes supply fishing, the resident Skilling, swim and lots more chances available here in quantities that are enormous. The place additionally contains sport actions and numerous amusement present here.
Since Lakeville condominium is located in the middle of the town then you are going to have company hearts and some normal shopping malls playing an important part in marketing your place. Thus, for all the amusement fans may have an excellent time here as all-they must do would be to simply jump into this area and go for drama theatres, the motion pictures or tremendous play grounds to perform games. Lakeville truly introduces the “new world” of life-style and you. The calm encompassing and indulgence in the tranquil accurately identifies the nice and peaceful locality.
There are many ways to develop the investment. If the person selects a right choice then his property would be doubled in the next few years tremendously. Therefore, the people who have obtained money from the provident fund office after retirement can select the option of buying the property in the suitable area. When selecting the area, the investors have to think about the accessibility to that place in easy transportation mode. Many investors would have bought bungalows and buildings without knowing this secret. They would have to wait long time to get their investment doubled, as the sources of accessibility to that place would be almost remote.
Approach relevant rental agents to finish the deal
There are many brokers working in the real estate field. The customers who want to buy the property in Singapore or the people who want to get houses for lease should have to approach the agents to minimize their strain in locating the houses. These agents would take up the customers with their team and show the house to the clients. The clients would inspect the area and finally they would decide to take up the house for lease. The people would pay the value for the property if they want to buy a suitable possession for their use. They can reach to their office premises regularly in time, as there is accessibility of the transport in The Panorama condo area. Many people work in the companies and feel easy to reach residence without any vehicular transport difficulties.
Live and enjoy the unique experience
People like to possess a suitable rental house after discussing with the rental agents in The Panorama as they like the premises and its surrounding area is the best for them to live without problems. The houses are fully spacious with separate place for spending evening time. There are special arrangements for the children to play at evenings.
The Skywoods is tucked away in its own particular quiet corner of Dairy Farm Road, The Skywoods Condo guarantees heavenly perspectives of the unblemished timberlands close-by, together with an extravagant, all encompassing and adjusted lifestyle dissimilar to another. With such preeminent solace and the amazing greenery past your dividers encircling consistently here, you will discover a home just powerful. Propelled by a contemporary translation of coasting cabins suspended in the midst of the trees, each unit here is intended to mix the new and incomprehensible environs of the outside with the warmth and security of an individual house. With six 15-story towers deliberately set inside sweeping grounds, a wide mixture of units to arouse your enthusiasm, and 6 superb lifestyle zones to captivate your faculties. Skywoods dairy farm is simply the choice of home that you are seeking for.
Offering of Skywoods
All 6 towers at the Skywoods are deliberately placed to give broad ground for 6 lifestyle zones going from dynamic, family, amusement and unwinding. It is placed inverse Dairy Farm Nature Reserve, inside strolling separation to approaching Hill view MRT station (2015) and simple access to road, for example, Bukit Timah Expressway (BKE), Pan Island Expressway (PIE) and Upper Bukit Timah Road. The future Hill view MRT Station, which is found 600m from THE SKYWOODS, will likewise give advantageous access to all parts of Singapore. Inhabitants of THE SKYWOODS can revel in relaxation strolls or participate in other outside amusement exercises at the neighboring Dairy Farm Nature Reserve & Bukit Timah Nature Reserve.
Schooling and Leisure
A perfect home for families with school-going kids as various schools, for example, Bukit Panjang Primary School and Chestnut Drive Secondary School are spotted close-by. A thorough scope of shopping, eating and amusement choices is accessible at the adjacent Bukit Panjang Plaza, The Rail Mall, Junction 10 and many more.
Definitely, purchasing a real property or a house is an intricate process, not to mention the big investment that goes along with it. Thus, especially for first home or property buyers, the aid of a professional real estate broker is deemed essential.
There are numerous real estate brokers that you can find, particularly if you are in search of a property or house in Singapore. But not all of them can be trusted. There are those who pose as brokers then plan malicious act against you. In order not to be a victim of such scam, you have to choose carefully the broker you will hire.
One way to ensure that you will get a credible real estate broker in Singapore is to look for a licensed one. Licensure will prove that a certain real estate broker is reputable and has gained the necessary knowledge, skills, and experience in such market. Moreover, a licensed real estate broker can give you complete information with regard to the house or property you are interested to buy. Such information is important to ensure that you will not make a wrong decision.
It is as well important to check the types of services that are being offered by real estate brokers. These are the types of professionals who provide unique kinds of services to their clients, so you must make sure that you will get the maximum benefits at reasonable rates.
Remember that registered or licensed brokers provide property or home buyers with only the best solutions. You can secure the services of these experts to ensure you benefit from the purchase.
In any real estate transaction in Singapore, it is very important that you disclose pertinent information to two parties that generally involves the exchange. This helps prevent potential conflict between the relationship of agents, clients, and other agencies as well. Disclosure requires honesty and professionalism on both parties.
Benefits of Disclosure in Agencies
- A client who discloses damages to his or her property will help the agent in properly valuating it. Aside from that, he/she will help the agent in gathering various ideas as to how to increase the value of the property through repairs and maintenance.
- Proper disclosure of the roles of the agent to the transaction will help their clients understand and gain knowledge about their agent’s responsibilities. This will help clear the minds of the clients about any unclear terms and conditions of their relationship. This will also let the client know what to expect from their agents.
- Disclosure of the rights of the client will educate the client on what they deserve to get out from the services they have bought from the agency.
- Disclosure of the system of the agency will help the client understand how the agency works and will help answer the questions that cloud their minds during the transaction. Also, this will help the client understand about the goals of the agency and will give them the idea on whether the agency will be able to provide for his/her needs.
- Disclosure of any relationships to other parties involved in the transaction, dual agencies for example, will help prevent conflicts of interests between the clients and the agencies. Additional fees, such as commissions, given by another party of the same transaction shall be disclosed to the other party to avoid misunderstandings.
- Proper disclosure of anything that involves the transaction will help ensure that any activities done are within legal boundary.
Little do most people know that realtors make money through commission. Their income depends on the value of the property they sell or the services they render to someone buying a property. In Singapore, the standard commission of realtors is around $5–6, which will be split between the buyer’s agent and the seller’s agent. The person selling the property will be the one liable to pay the full commission.
The amount of commission that a realtor takes home varies on certain factors. Most realtors work for real estate companies. Commonly, a realtor pays 30–50% of his commission to the firm and only leaves as small as 1.5% to himself. A realtor can also work directly with a real estate broker, who will give the realtor some referrals, and the broker will receive a share with this. If you are a self-employed realtor, the commission is all yours. But this kind of realtor is more at risk of losing business against huge competitors.
Commissions are negotiable too. The plan is that the level of service given by a certified realtor is worth the full commission. But if the real estate market gets slow, realtors, even the certified ones, are tempted to cut down their commissions in order to sell more properties.
It cannot be denied that the real estate market is a very competitive one. The usual salary of a realtor is not much affected during cold and hot markets. During hot markets, the profession will be crowded by real estate agents who believe that they can make an immediate buck. Considering the numerous agents there are, it restricts the amount of house that any individual realtor can sell. During a cold market, on the other hand, few houses are sold but only a few agents sell them. Thus, the income potential evens out.
All real estate agencies in Singapore develop an agreement that will stipulate the roles of the agents, the buyers, and the sellers of various real estate properties. If you are looking to transact in real estate, it is very important you understand the relationships between the parties involved and their respective roles as well. With that, you will be able to experience a smooth flowing real estate transaction.
Types of Agreement in a Real Estate Agency
• The Buyer’s Agent Agreement
The buyer’s agent agreement stipulates that the real estate agent must be loyal and confidential to the buyer. He must also disclose any information about his relationship with other parties involved during the real estate transaction. Upon agreeing to the terms of the agreement, the buyer will then sign the contract as proof that he/she is willing to be represented by the agent.
• The Seller’s Agent Agreement
The seller’s agent, also known as the listing agent, obviously represents the seller in any real estate transaction involving the property he wishes to sell. The terms of the agreement between the seller and the agent stipulates that the agent must disclose any structural damage of the real estate property. He must act according to the interest of the property’s seller and be loyal to him/her. As both parties sign the terms, it will serve as a proof that they are in agreement to what has been discussed in terms of the services and their relationship and roles in the transaction.
• The Transaction Agent Agreement
A transaction agent is not the same as the seller or the buyer’s agent. Unlike them, he does not represent any party, but is actually tasked to work for fairness among the parties. Thus, his job is to successfully close a deal wherein both parties can benefit. However, a buyer or seller’s agent can also be a transaction agent if the original agreement of the agent with the buyer or seller says so. But, this also has to be agreed upon by both parties.
• Dual Agency or Limited Agency Agreement
There are situations wherein one agency can represent both the buyer and the seller. This relationship is called the dual or the limited agency. However, if you are the buyer or the seller, it is very important to note that having this type of relationship agreement can give rise to conflicts between two parties. This is primarily the reason why having this type of agreement is not highly advisable.
If you’re looking to buy or sell a luxurious home in Singapore, it is highly advisable for you to hire a real estate agent that will be able to represent you. This is primarily because real estate agents are very knowledgeable about the market and the legalities that govern it.
How to Choose the Right Real Estate Agent
- It is important for you to be able to tell the difference between a licensed realtor and a licensed real estate sales associate. Licensed real estate agents are those who are members in Singapore’s board of realtors.
- For you to be able to find the best real estate agent in the country, you can ask anyone you know who have experienced being handled by various realtors. They are good sources of information on who and which company to avoid.
- Before you settle with a realtor, make sure that he/she will be able to suit your every need. Ensure that he/she will be able to give you what you want and not what he/she thinks you want. You can do this by meeting the agent and asking them questions about the real estate.
- If you are looking to sell your real estate property, arrange an appointment with the agent and present to them the property you wish to sell. Right there and then, he will be able to present you an initial marketing plan. With that, you can ask him questions about the plan and tell them what you want. Also, discuss with him about the price and the commission. If you both agree to the terms, he will let you sign an agreement.
- You can also ask the agent for his/her sales record for the past years in order for you to be completely sure about their capabilities as a real estate agent.
Purchasing a home is indeed a complex process, especially if this is your first time to do so. In Singapore, there is a wide variety of real estate properties available, but you can’t just pick anything that you bump into. The home buying process is not a piece of cake. You need to consider certain things. To be well guided, here are some essential tips.
Know What You Want
Considering that investing in a home is a big move, you must know first what you really want. In searching for your dream home, you must establish your requirements – some sort of criteria that will serve as your basis and your guide.
Get in Touch with a Realtor
As what is being stressed earlier, purchasing a real estate is a complex matter. Considering that there are lots of things to consider, the aid of a professional realtor is definitely important. A realtor will guide you (1) in your search for a house; (2) during the negotiation process; (3) in financing, should you need one; and (4) on transaction techniques, thereby making home buying easier for you. But remember to settle for a reputable realtor only. The Better Business Bureau is the place where you can get the necessary information about real estate agents or realtors. You can also search for them online. However, the most reliable referrals are those of your relatives, friends, and co-workers.
Prepare Enough Funds
Make sure you have enough cash at hand to pay for the down payment. Otherwise, you will have to settle for the unattractive alternative of paying for a PMI or a private mortgage insurance, and this can you cost a lot of money.
Be Familiar with Your Legal Rights
This is very important in the process of home buying, especially in finalizing the deal. You must get a good faith of estimate for the home purchase. Such estimate should include some important factors such as the down payment, monthly installment fees, and other home-loan-related costs. It is as well imperative to receive a fair idea on how much money you will likely spend and how much the purchase-related costs will be.
These are just some of the home buying tips that could really be helpful for you while looking for a house to buy in Singapore. If you follow this simple guide, you might just end up owning the house of your dream.
Real estate companies in Singapore offer various services to their clients to help them buy or sell their properties. Most of their services are actually paid, but there are some that they freely do for their clients. These free services will definitely suit their client’s needs in buying and selling their real estate properties.
Free Services Usually Offered by Real Estate Companies to their Clients
- Staging your real estate property. For your property to be sold or bought, you need to be able to design it attractively in order to leave a good impression to potential buyers. Property staging is offered for free by real estate agents mainly because they are concerned about quotas; that is, they need to sell a number of properties within a period of time in order for them to have an added incentive from their company. This pretty much keeps both the clients and the agents on the same page because they have the same goal which is to sell the property.
- Valuation of your property. Property valuation is one of the main services that real estate agents offer. However, what most of us don’t know is that it is generally offered for free. In order for you to buy or sell a property for a reasonable price, you need to have an agent to perform an in depth valuation of your property. It is important to note that values of real estate properties work almost similarly to the stock market because prices basically go up and down. If you are looking to sell, you might as well sell your property when prices are high. In contrast, if you are not in a hurry to buy one, you should buy when prices are low.
- Analysis of the location of your property. It is also very important to note that the location of your property affects its value. Properties that are located in upscale neighborhoods are generally priced higher than those that are located elsewhere. Neighborhood analysis is simultaneously done with the property valuation. As soon as the agent is able to value your property with various factors being considered, you will be able to price your property based on their valuation.
- Maintenance of your property. Some real estate companies in Singapore usually offer maintenance services for your property for free. However, it is very important to note that these services are only limited; usually, they only offer housekeeping services for free while other maintenance services have respective costs.
When buying or selling a real estate property, it is very important to pay particular attention to the real estate cycle, or also known as the housing cycle. The housing cycle generally reflects how the economy is doing. These cycles, however, fluctuate but the patterns are actually very helpful when it comes to deciding whether or not to enter the market.
Timing the Singapore Housing Cycle
- Be updated of the real estate market prices. There are websites and applications that offer free charting tools which will be useful in charting prices over the time period.
- Assess the trend and improve your market timing skills. It is very important to note and understand how the key factors of the real estate market cycles, such as employment levels and rental rates, affect the past, the future, and the present timing cycles.
- Determine the patterns of the cycle. Cyclical patterns have four phases namely the rising phase, the peaking phase, the falling phase, and the bottoming phase. It is very important that you learn how to recognize this phase and understand the implications of each phase.
- Learn about past housing cycles. Learning about them will help prevent you from mistakes in investing at the wrong side of the cycle.
- The stock market and the real estate market are actually pretty similar and related. To understand how real estate market works, you also need to learn about the stocks. You can learn more about them by studying the latest chart books of the stock market and other indicators of the economy.
- Investing at the right time is very important to be successful in the real estate market. Aside from that, you also need to have strategies in investing your properties and money. Make sure that you invest wisely in order for you to get the best value of your money for the future.
There have been a growing number of people, particularly in Singapore, who have been entering the market for real estate investment. However, the most victorious are those who can make an attracting real estate business blueprint.
A real estate business plan has an array of various purposes, and it is vital for any aspiring real estate investor to know how essential such plan is. Now, the question is how one can come up with a sure-firing real estate business plan.
Drawing Capital to Close the Deal
A well-made and professional real estate business plan will be useful for real estate investors to draw in the deal that one requires to close, especially those one-of-a-kind deals. The secret in order to be victorious in the real estate world is through the many transactions that can be made utilizing other people’s cash. This is where the real estate business plan intervenes. The real estate business blueprint will show to prospective investors and money lenders how the business will lead to success.
Utilizing a Business Plan to Guide the Growing Business
A well-created real estate business plan can be your guide as your real estate business grows and expands. It is indeed challenging to have such business off the ground, particularly when the real estate market slows down, making it more challenging to move on. But with a good real estate business plan at hand, your business will be well guided as it moves forward.
Asking the Aid of Experts or Professionals
For most real estate investors, preparing a good quality real estate business plan is feasible. However, it would be best to seek the help of experts in doing so. You can get a tax professional or an accountant to take a look at your real estate business plan and give you necessary insights on changes.
You can also let a competent real estate business lawyer review your business plan to give you guarantee that your document is legally sound and free from any errors or omissions.
When drafting your real estate business plan, remember that such document will serve as the cornerstone for your new enterprise. Therefore, it is vital that it will turn out to be of good quality.
In the market of purchasing or selling properties, for instance in Singapore, it is vital that an individual has someone who can give him expert advice in both the legal and practical factors to be considered. The aid of a real estate agent, therefore, makes perfect sense. One may not like the idea of getting a real estate agent because it can be costly. But the real score is, by the end of the deal, a person can actually spend lesser on the overall expenses. Let us take a look at some of the perks when hiring a real estate agent.
One of the main benefits that a buyer can realize in getting a real estate agent is that a real estate agent can assist a buyer in understanding how he can afford the purchase and in settling for a loan. When it comes to these, real estate agents are the most fitting individuals as they are knowledgeable with regard to which properties are available for sale as they are registered in various lists that provide complete details on the homes and properties in the market. And if a buyer is hard pressed as of the moment, the agent can qualify the houses based on his requirements and so shortlist the properties available. Thus, this will make the buyer save time by eliminating the property that he wouldn’t consider living in.
A real estate agent can also orient a buyer with interest rates, market rate, and other financial factors. They can also let a buyer meet trustworthy home inspectors. Most importantly, a buyer will not have to worry about the service fees of a real estate agent as his commission will be catered by the seller.
On the seller’s part, on the other hand, working with a real estate agent will also mean lesser time needed to shortlist prospective buyers. The agent will handle the process of presenting the house or property for sale with all its features to the potential buyers. The seller might need to show up only when the deal will be closed. When talking about property estimation, the agent can also assist the seller. Real estate agents are well acquainted with the market and the constraints concerning property value. The seller is thus assured that his properties will be sold at the finest possible price and that he can get the best possible return.
It has always been better to have an intermediary to work in one’s behalf when dealing with a certain transaction, and this is what precisely a real estate agent is best at.
There are a lot of real estate agencies in Singapore today that provide services to clients who are looking to buy or sell some real estate properties. Because of tough competition, only a few survive and succeed in the industry. In order to be a successful real estate agency, you need to be able to invest a lot of time, money and effort in to becoming one.
Tips in Becoming a Successful Real Estate Agency
• Set a clear goal.
It is very important for any real estate agency to have a clear set of goals that they have to achieve within a given time frame. Aside from that, the agents must be focused in one specific area of the real estate agency such as the condominiums or apartments.
• Develop a system.
The real estate agency must have a system on how to handle clients that will surely suit their every need. This system must have a goal that leans toward customer satisfaction. Remember that, a happy client will gladly talk about you to their friends if they are happy with your services.
• Invest in a marketing strategy.
Any successful company has a marketing strategy. In order for your real estate agency to gain many clients, you need to be able to successfully market your services. This can be done through television and print ads, as well as radio ads. Advertising can be costly; however, when it is done properly it will catch the attention of various clients. With that, you will be able to breakeven with the marketing expenses as you gain more income.
• Increase your exposure.
Increasing exposure can be done through distributing your business cards to potential customers and your clients as well. Chances are, when they’re happy with your services, they will willingly give out your agency’s number to other people.