5 Trends in Real Estate That You Should Know About

As everything that is happening in the world, there is nothing that is constant but change. The real estate scene is no different. It has evolved over the past few years due to emerging technologies introduced, which has a significant effect on how buying and selling in the real estate world are done these days. Indeed, there are always new things for consumers to look out for as the real estate scenario is also keeping up with the times. A company that buys houses has more advantage at present as there is more information posted online nowadays that you can access. The same thing goes for the sellers who have the added benefit of posting their properties online for more consumers to see. Listed below are five trends to look out for in the changing real estate world.

  1.  The rise of millennial buyers

At present, the large bulk of homebuyers would be the millennials. Nowadays, millennials are already thinking of owning properties as they are somehow capable of paying larger mortgages. But with the prices of homes steadily rising, millennials prefer to look into properties in the suburban areas which can give them affordable options as well as a better quality of life which millennials are known to look for.

  1.  The return of foreclosed buyers

The aftereffect of the crashing of the housing market in 2007 to 2009 would be felt at present as the homeowners who were forced into foreclosure can finally buy their own property after seven years. Home sellers should study the preferences of these foreclosed buyers who are also known as boomerang buyers. They are expected to be more cautious in choosing the next property they want to own based on their previous experiences. Another tip for investors for this boomerang buyers niche is to target the renters because this group has only recently been qualified to purchase properties.

  1.  Property buying through crowdfunding

Another trend observed nowadays in real estate scene is buying of property through crowdfunding or multiple ownership. Home prices are continuously increasing; therefore, sellers are creatively thinking of ways to fund properties with the help of many investors for a single property. Fund sourcing for new homes or home renovations will be easier using this method

and will also benefit the investors who want to have passive income in this manner. Although selling a property with multiple owners will be more complicated thus, everything has to be legally-settled for this strategy to work out for everyone involved.

  1.  Preference of smart home products

Modern technology has an enormous impact on all kinds of businesses and marketing real estate is no different. Home buyers nowadays are looking into houses with built-in security systems using smart home gadgets. Millennials, specifically, are the ones with the highest interest in installing smart home products in their homes. It is wise to say that home sellers should look into this niche in the market who show a preference for smart home technology and make their properties for sale to suit these young, modern consumers.

  1.  Agent-free markets

With the emergence of new technology and online visibility, the possibility of agent-free markets is big. Tech-oriented real estate firms are now helping real estate buyers and sellers with their transactions bypassing agents, thus saving up on the high cost of real estate agent fees which are usually at 5 to 6% of the home sales price.

Trends in real estate marketing are ever-changing, and it is best to always be updated with the current and past events that may affect the market. Expect modern technology to be a great part of changing how real estate marketing works and the innovations in the homes that can add to increase in home sales.

5 Tips for Finding Real Estate Probate Leads

For the majority of budding real estate investors, finding, pitching, and clinching probate leads ranks up there with a colonoscopy, as one way of spending an afternoon. You’d be forgiven for thinking probate investors are ambulance chasing attorneys – except that they chase hearses.

You don’t want to upset a sobbing widow while seeking to make a few bucks, so perhaps probate investing isn’t worth it. Well, that’s until you discover about astonishing deals made by investors who pursue probate deals.

Similar to most big real estate lead generation plans, the most difficult step is getting started. For this reason, we’ve compiled this guide to educate you on all things you must know about closing probate real estate deals like keeping tabs on the obituaries and how to get probate leads from a courthouse.

1. Monitor the obituaries

The above statement might seem to contradict the last sentence on ambulance chasing to acquire clients. But keeping tabs on the obituaries helps in gathering information on recently deceased persons and their heirs.

Public records avail real estate and contact information of respective heirs.

Keep in mind that the real estate field is highly competitive particularly in the area of probate sales owing to investor perception that properties come on the cheap. The more information you gather before your competitors, the more of an edge you’ve over them. Once the grieving and sense of loss subside, you can then propose a viable deal.

2. Call on the probate courts

Probate court cases are public records. Approach the court clerk with the aim of creating a system that allows you to scrutinize court documents combing for cases with the residence as an asset.

Look for not only property information but court documents to assess the estate’s financial status and possible heirs. Supposing you uncover the home is tied in debt that requires prompt attention, you can persuade the survivors into a sale sooner.

Also, in the absence of heirs, the estate’s executor may want to close a deal sooner rather than later – more so if the home is free of significant debts.

3. Newspaper probate classifieds

Some newspaper editions provide details of probate auctions and sales. Visit the local library and peruse some newspapers. Also, check for online listings.

Just like for other techniques of obtaining leads, carry out due diligence on all properties you intend to make an offer or before showing up at an auction.

4. Buy online leads

Lead aggregators peddle probate properties leads. These aggregators make use of a blend of information requests, and public information like probate court filings and newspaper listings.

You must understand that aggregators that utilize public information do similar work to what you can accomplish on your own but charge a pretty penny for the service.

You must determine whether such a business expense is worth the returns by saving you precious time and energy.

5. Power collaborations with estate planning lawyers

Probate and estate planning attorney should rank highly in your contact list. Usually, they have information on listed properties and also make decisions on selling.

Such partnerships place you the investor in a situation where leads trickle down to you. The probate attorney may call you to assess the investment opportunity of an estate as he also looks into its financial status.

Forging such relationships calls for more than making a few calls and presenting yourself. Display your professionalism. Grasp the workings of the current market by adequately assessing a home’s condition and value and setting realistic expectations about the potential deal.  


3 Tips to Liquidating Client’s Investments into Crypto

Diversity is one of the most important tools for success. This also applies to investment. Most people are now being advised to liquefy their investments and assets. Many opportunities have come up such as bitcoin that is substantially surging in terms of value. The growth of bitcoin is exponential, indicating a high potential for cryptocurrency in the near future. Liquidity providers are now making it possible for clients to hedge off their financial risks. Varieties of strategies are being offered on a daily basis. Below are pointers you can exploit when liquidating clients’ investment into crypto:

  1. a) Use high-performance liquidity tools

One of the most important tips is to use a company that has high-performance liquidity tools such as http://www.global-liquidity.com/. The questions you should ask yourself are whether or not the company is reliable and whether it has been previously tested by other companies on its stability. You can go further and check reviews of the company that have been left by clients who have used it before. Reviews are always the honest opinions left by customers on whether or not they found the services of the said company to be satisfactory. A company with a good rating and excellent reviews often gives assurance of the level of performance offered. Working with one that is high performing is crucial, given that working with crypto is a dangerous affair and you may risk losing too much money. Downtimes and spikes are eradicated when working with high performing sites, so it is easy to keep up with the changes that are going on and manage to maximize profits.

  1. b) Use ultra-low latency execution

One of the major problems that investors deal with is low latency. It is not only extremely discouraging but makes them lose out on many opportunities that they could have otherwise used to succeed. To ascertain that your client gets the best, use a company with extremely low latency. The move will ascertain that the orders placed are filled up quickly. These companies always have the departments connected to all the brokerage houses as well as financial institutions in the world such as stock exchange markets. With fast executions, the clients will be able to get updates quickly and make executions on time. The companies can send all the flow of stock exchange globally, despite the volumes of the investors. Due to low latency, the trading is done in milliseconds, thus, guaranteeing the restriction of any slip-ups and giving reassurance on tighter spreads.

  1. c) Complete Transparency with Clients

Liquidity in investments opens new doors to mistrust. It is not tangible. Hence, clients have so much trust to build before they give you the majority of their investment. To build up a strong network, it is important to have complete transparency with your clients. Let them know of every move and even slip-ups that occur during trading.

Four Tips For Using Employees to Help With Recruitment

Employee recruitment procedures require the active participation of not only the management team but also the working community as a whole. Employees may have a deeper acknowledgment of various skill deficiencies in their departments and a first hand experience of work-related challenges which might be useful in the recruitment of an up-to task workforce.Considering the recruitment process to the extent of advertising,qualification threshold setting and recruits selection,employees can be helpful with recruitment in ways outlined below.

Brainstorming on necessary skills for required positions

An existing employee group can better generate ideas on skills required for more efficiency in their related departments,having a firsthand encounter with skill deficiencies and the ever-changing requirements in their fields.Employees are handy in projecting future needs for their departments,hence useful in selection of an adaptive workforce.Through employee involvement, the existing gaps may be suitably filled and future trends well addressed in the recruitment process.The qualifications to be met by recruits may be adjusted and made specifically to meet the work description in collaboration with employees.

Recruit suggestions from employee’s individual network

Encouraging employees to suggest suitable candidates from their known networks may enhance the recruitment of qualified personnel.Suggestions may come from but not limited to employees former workmates,friends and career mates.This could even be strengthened by leveraging a reputable employee referral website that cuts across various related industries. Employee suggestions are unique to the extent of their understanding of the candidates’ skills and recent work experiences,their interests,strengths, and likes in relation both hard and soft work-related skills.

Tapping into employees’ social media influences

Social media is a handmaid to the majority of today’s operations.Employees have a wider social media interaction and influence collectively in comparison to the company or firm. Motivating employees to share the job positions on platforms such as Facebook,Instagram and Twitter may broaden the field of interested audience accessing the opportunities advertised.Social media avails the opportunity of not only reaching the employee’s immediate contacts but linking up with their chain of affiliated contacts,thus a broader information target.

Access employees, professional links

Asking employees to draw candidates from fellow workmates in different workstations may be supplementary to all the other techniques listed above.Through employee forums such as training,exhibitions,competition events,workers conferences and employees’ retreats,suggestions of qualified personnel may be generated.Encouraging employees to be on the lookout for opportunity seekers and connecting their professional contacts to the company’s details hastens the application rates.Employees could also be encouraged to present the company’s needs and gaps in association with professional colleagues.

Recruitment as part of the management process is more inclusive through engaging employees;a practice that complements the interaction of both the technical facet and the social environment at the workplace to achieve projected levels of employee productivity.Allowing the qualification proposals and candidate suggestion to be generated by the employees facilitates the recruitment of well-versed personnel,This also means an acceptance of the  recruits by the present employee class.Employee participation, therefore, is both a means and a tool for the recruiting process.

Get Furniture When Your Budget Says No

There is nothing more frustrating when you need to buy or replace furniture and your cash flow cannot support your needs. Maybe you are moving out of a furnished home and into an unfurnished place. Maybe your furniture is falling apart or not as functional. Before you panic, there are a few options you can consider to obtain your much-needed furniture.

Get A Loan

The easiest, and quickest way, to buy your furniture is to get a personal installment loan. You will be able to get up to $2000 and approval takes anywhere from a few minutes to a few hours. Payment terms are often required to be fulfilled within 6 months and payments are scheduled based on the frequency of your paycheck. This also means that your approved loan amount will be based on how much income you make. Another great reason to use a personal installment loan is that they do not check your credit score and avoid losing points based on an inquiry.

Finance With A Local Furniture Store

Whether it’s a bed and mattress or a new loveseat, many furniture stores offer financing to help you get exactly what you need. They often promote no money down and no interest. The no interest offer is usually based on paying the loan off within a certain amount of time, such as 12 or 24 months. This is a very good option if you have excellent credit. If you have less than stellar credit, some stores will work with you on a special type of loan. Do read the fine print carefully regardless of the type of financing you are approved for, especially the no interest offers. We have found that a number of stores have very high-interest rates once you go past the promotional period. We do recommend speaking with a local furniture store as opposed to chain companies. The small local places are sometimes a far better option in terms of financing and interest rates and are more willing to work with people based on need rather than a credit score.

Rent To Own

More and more towns are seeing various rent-to-own shops pop up that seems like a great deal. They are a good option if you have no other option. They offer fine furniture that is very functional and can make obtaining financing extremely easy. Here is the downside to this option, it’s very expensive. If you choose to go this route, read your contract very carefully. Payments are based on the frequency of your income and span over a specific amount of time (which ranges based on how much you are purchasing and the terms posted for those items). Interest rates tend to be high and the final amount of what you have paid in principal and interest often totals three to four times the value of your purchases. We only suggest this option when every other option has been exhausted.

Find The Freebies

When you are broke, don’t discount the value of finding free furniture! Ask family and friends, you never know who might be buying new furniture and need to get rid of their older items. Check Freecycle.org to see if anyone is unloading unwanted pieces. Craigslist is a great resource for curb alerts and freebies. If you are recovering from homelessness, fleeing a domestic violence situation, or bouncing back from a tragedy, look to your local resources for help. DV shelters, church organizations, and non-profits often help people who are struggling to get back on their feet and have lots of furniture they can pass along.

Don’t worry, you can get the furniture you need! If you choose to get a loan or financing, just work out those numbers and be sure you can make your payments on time. You can also work on saving up the money and take some freebies to hold you over. No matter how you have to do it, you will get there!

Debt Collection Tips For Small Businesses

More often than not small businesses fail to place ageing receivables as a top priority. This should not be the case due to the importance of cash flow in small businesses. Not all debts and delinquent payments deserve the same approach. It is important to have the documented history of the debtors close at hand so as to know what kind of approach to use, however; at the same time, maintaining that all scenarios should be interpreted on a per-case basis.

That being considered, here are some tips that could help to save time, energy and even maintain healthy relations with customers and clients throughout debt recovery:

1.Have your debt collection policy in writing

Write your collection policy down to give the customer a reference. Include your invoice payment terms on bills and other customer documents. If you don’t receive money by the due date, send a collection letter. Save copies of all collection documents for your records.

2. Stay Calm

When the debt is not paid on time, it is imperative that you keep calm and engage them in the most pleasant of manners. You are likely to get a timelier and overall positive response from the debtor if you handle them with an upbeat mood which they will respond well to, especially on phone calls and face to face meetings.

3. Use of Multiple channels of communication

In this fast-changing world of technology, a variety of channels can be utilised to get the notice for payment across in a timely and confidential way. Use phone calls, emails and face to face conversations, making sure to document the information. The importance of this for future legal process cannot be stressed enough.

3. Be direct but avoid harassing

State your intentions to receive the money in no unclear terms. You do have an obligation and a right to collect the money you are owed. Note that, you should not harass your debtor, case in point; calling them every morning with a thorough reprimand. Chances are that this situation it is just as stressful if not more for them. Short and professional reminders, for example on a weekly basis, should suffice.

4. Know Your Legal Grounds

The sooner you educate yourself on your rights and legal options when entering the ring of debt collection, the better for you. You know what you can and cannot do under the law and are also you cannot easily be undermined. This goes a long way for your confidence in dealing with customers and clients. Seek legal advice or that of a debt collecting agency to gain an upper hand.

5. Hire a debt collection agency

This course of action will tend to save you a lot more time and is likely to yield the most favourable result when collecting debt. These have to be registered under acts of law such as the Fair Debt Collection Practices Act which regulates companies in this trade. They tend to be aware of these laws and can put you in a less compromising position.

6. Offer to settle for less

In the case of serious unpaid outstanding debt, it is advisable to negotiate for a lower settlement before simply writing it off. If they had no hope of paying it off, who knows, maybe you will at least get something out of it. You need only ask.

However, you have to learn know when to quit, and in some cases you will find it wise to just write off bad debt. When some payments are not worth the trouble taken to achieve, consider cutting your losses and making it a lesson for the future.

7. Train your staff on debt collection.

The easier option in small businesses is to have the sales people handle their own accounts receivables, but it’s much better to assign one person to the task of debt collection. Designate your debt collection lead and provide proper support, training, and incentive to do the job right.

In conclusion, in small businesses, ageing receivables and debt collection should be given top priority. It is imperative that they be monitored as regularly as possible. It is okay to occasionally write off bad debt. What counts is that the matters pertaining to debt collection are dealt with necessary tact that will be a source of growth to the organization.

Company Conquest – How To Expand Your Business Quickly

Every business owner understands the need for growth. When your business becomes stagnant, you stop recruiting new clients, things can go from bad to worse very quickly. Expanding your business doesn’t necessarily mean global domination. You might want to expand your current workload, grow your existing setup or perhaps open a second office in a new location. As long as you are focused on growing and expanding your business in some way, you are on the right track.

While every business owner understands the need for growth, it’s always easier said than done. In theory, you just need a few more clients, or one more big contract to justify hiring the additional staff you need to take your operations to the next level. In reality, it’s not always that easy. However, like anything in business, with a well-thought out and well-executed plan, nothing is impossible. With the right strategy and some careful considerations, you can expand your business quicker more efficiently than you ever thought possible.

Let’s take a look at some of the ways you can expand your business quickly and efficiently.

Choose the Right Location

No matter what kind of business you are running, it’s critical to situate yourself in the best location possible in order to allow for quick growth. For New Zealand based companies, finding an office space in prestigious locations in Wellington such as  Lambton Quay ( http://www.servcorp.co.nz/en/virtual-offices/prices-locations/wellington/) can help you gain access to more customers quickly and put you within easy reach of the services you need the most.

Of course, being located in an iconic part of the city like this will also allow you paint your company in the best light possible and give you instant credibility with competitors and customers. This can be especially important if you are new to the city or new to the New Zealand marketplace as a whole.

Hire the Right People

With the right people on board, you can take your business to the next level with ease. If you’re a young company who can’t afford to headhunt those with a great track record, consider seeking out skilled graduates. You can train these new employees to your own high standards to ensure that every element of your business is conducted with integrity and precision.

On the other hand, if you have the finances to seek out individuals who have a proven work history, their experience can move your company along leaps and bounds in the early days. Treat them well and they may stick around for years to come and help you expand your business even further.

Diversify Your Offerings

If you’re moving to a new city like Wellington, then be sure to conduct thorough market research to see if there are any new opportunities there, which you can capitalise on. Your existing products or services might be easily adapted to fill a gap in the market and offer something new and exciting.

For example, if you are a software company, you may be able to easily adapt your current software package to meet the needs of accountants in the area. There may have been a recent change in the tax laws that you can include in your software making it easy for you to gain a foothold in the market and grow your business in the process.

Expand and Conquer

Taking your business to new heights doesn’t need to be difficult. It’s important to give due consideration to where you will situate your business and make sure you put the right people in place to help you on the road to growth.

Take some time to consider the local market and see if you can diversify your offerings and bring something new to the table that the local market may not have seen before. This can help you to create a buzz about your presence in the area, get more clients interested in what you do and help you to expand your business in an effective and efficient way.