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Things That Real Estate Agents Need To Consider While Providing Guidance About Buying Property In Sy

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Sydney besides being a major commercial hub is also one of the most
populated cities of Australia and the world. With an increasing number
of people willing to migrate to the city for ensuring a better career
and future, the demand for real estate Sydney is definitely on the rise.
Consequently, the profession of real estate agent or developer has
become one of the most preferred and well paid jobs. However, in order
to truly achieve success as a real estate agent, these professionals
need to have a deep understanding of not only the real estate market but
also the diverse clients they deal with. The task of providing help
buying a property in Sydney to clients is one of great responsibility
and involves the consideration of following factors.

The Type of Property:
The real estate agents need to truly understand the requirements of the
clients in term of the size and the style of the property they are
seeking. This knowledge helps them to direct the client to the right
kind of properties and win their trust, which is extremely important for
a strong working relationship.

Purpose of Buying Property:
Many people buy property just for investment purposes, while others
want to buy real estate Sydney for building their home. Being clear
about the intention of the clients with respect to the property plays a
critical role in determining which properties would suit them the most.

The Preferred Location:
People, who seek help buying property in Sydney for residential
purposes are generally quite sensitive about its location. Professionals
seek a property that is close to their place of work, even if it means
paying a considerably higher amount. There are still others who like to
sty away from the hustle and bustle of the city and seek a quite little
place away from the crowd but well within the city limits.

The Structural Aspects:
A good real estate agents also takes into consideration the structural
aspects preferred by the clients. This includes understanding whether
the clients prefer a newly constructed house/apartment or can settle for
one that has passed through the hands of various owners. Moreover, they
also need to know if he clients are willing to undertake minor repair
work in case of second hand houses/apartments.

The Budget Limit:
Budget definitely plays the most important role in determining the type
of property that the clients can get. As such it is important for the
real estate agents to consider the maximum budget limits of different
client before suggesting relevant property options to them. The real
estate agents also need to educate the clients about the various factors
that affect the price of a property to help them get the best deal.

So What Exactly Is A Real Estate Bird Dog – Aka Property Locator

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What is a Real Estate Bird Dog? AKA Property Locator

So what exactly is a Bird Dog / Property Locator? Bird Dogs, at least when used in the Real Estate lingo, are also known as Property Locators, Property Finders or Jobbers. They are the eyes and the ears of real estate investors that find properties for real estate investors to buy, properties they wouldnt be likely to find on their own.

Bird Dogs go out and find undervalued properties for real estate investors! Bird Dogs do not purchase the properties themselves; however they search neighborhoods, communities, counties, cities, and so on, looking for properties for real estate investors to buy. With a little experience, many real estate Bird Dogs advance to becoming a Wholesaler, which is actually taking control of a property (getting it under contract) and then selling it to investors.

So how does a real estate Bird Dog benefit from doing all the searching but not having to fork out a lot of moola? Investors pay Property Locators in cash when the Bird Dog finds a property the investor likes. These properties can be almost anything: single family houses, multiplexes, duplexes, apartment buildings, commercial buildings, or land.

Investors typically pay Bird Dogs what is called a Referral Fee of around $1000 or more. My personal opinion is that Bird Dogs should be paid a lot more than a mere $1000 if the deal they find makes an investor a lot of money. It should be more in the realm of 3 of the net profit the investor realizes. (Note: you need to check the laws in your state because in some of them it is illegal to pay referral fees.)

If you get good at property locating you might want to advance to the Wholesaler stage of real estate investing your reward from a deal can much more lucrative because you are doing a lot more work. Wholesalers actually gain control of the property by having some type of written agreement with the seller of the property. They then sell the contract to other investors with a wholesaling fee attached to it.

Delhi Property – 16th Most Expensive Real Estate Market Of The World

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Delhi, the capital of India, has been the real hotspot in the real estate industry in the country. In recent years, Delhi property market is growing at a phenomenal rate due to great improvement in the transport system, expansion plan of 65 km- long Delhi Metro Rail and the commencement of 2010 Commonwealth Games in the capital. A real estate consultancy has rated recently New Delhi as the 16th most expensive real estate market of the world and the costliest retail destination in India. The demand for real estate development is expected to remain robust across Delhi property market due to huge demand from IT/ITES sector.

Residential Real estate
Delhi residential real estate market segment is growing exponentially because of huge demand for housing from IT/ITES and foreign diplomats. South Delhi is the most happening residential place in Delhi property market and the rental values of residential properties like the flats, villas and duplex houses are extremely at higher end.

Commercial Real Estate
The leading retail brands in Delhi property estate market has generated huge demand for commercial space in the city because of its large format retailing and burgeoning demand from IT/ITES segment as well.

New Delhi commercial market space is broadly classified into:
Central Business District Connaught Place
Secondary Business District Nehru Place & Bhikaji Cama Place in South Delhi
Peripheral Business District Jasola, Saket & Noida.
Some of the major transactions in Delhi property market are:

Central Business District
Ministry of Finance 15,700 sq.ft.
Edelweiss 13,500 sq.ft.
Maquaire 7,000 sq.ft.
Atlanta 20,000 sq.ft

Secondary Business District

Nehru Place
Sunflag 3,500 sq.ft.
Jasola

Porsche 14,000 sq.ft.
Sapient 22,000 sq.ft.
Hansgrohe 23,000 sq.ft.
Juniper Networks 8,000 sq.ft.

Saket
ICICI Prudential 10,000 sq.ft.

Peripheral Business District
Gurgaon
LI & Fung 200,000 sq.ft.
Deloitte 70,000 sq.ft.
Ericsson 70,000 sq.ft.
Kyocera -12,000 sq.ft.
Fujifilm – 10,000 sq.ft
Noida
Accenture – 2,00,000 sq.ft
Sapient – 2,00,000 sq.ft
Amway 26,000 sq.ft

Conclusion
Thus, Delhi is a preferred place for investors worldwide and the city is a significant destination for leading MNCs, IT/ITES companies and corporate pouring lot of investments that in turn creating a hue demand for commercial real estate space in Delhi property market.

According to industry survey, Delhi real estate is considered to touch greater heights in the hospitality sector with 27 new hotels and serviced apartments with more than 4900 rooms in the next 3-4 years. And, the other interesting and fascination information is that Delhi real estate is expected to touch minimum hundred shopping malls by end of 2010 due to burgeoning retail space demand in Delhi real estate market.

Best Locations In Bangalore To Buy Residential Property

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When you think of buying a residential property in Bangalore, the choices are many, ranging from simple one room house to independent villas. But, choosing a location can be quite a cumbersome task, as you have to choose a property that suits your needs and your pocket too. The price of a property depends on the type of the property and the location. You will need a bigger pocket if you are eyeing the central areas that are well connected and located in the heart of the city. Or, if you are satisfied staying in some interior part of the city, you don’t need to worry much about the expenses.

The most popular areas like Brigade Road, M.G. Road, and Cunningham Street etc. are mostly known for their commercial importance and it’s a mammoth task finding a house in these areas. Apart from that, there are some residential areas as well, that may not be as pocket-friendly as you want your desired locality to be. For example, Sadashiv Nagar, Whitefield(Villas), Off Cunningham Road, Off Palace Road etc that are known to be the abode of the affluent.

Following is a list of stylish, well-planned residential areas in Bangalore that are well connected and yet, are average budget localities:

Indira Nagar-Located within a diameter of few kilometers from Domlur airport, the area is well connected to rest of the city. It can boast of several renowned hospitals and educational institutions as well. There are a number of shopping options in addition to nearby pubs, bars, restaurants, gyms etc. The area can be classified as an average budget area.The average price and rent for apartments in this area is Rs.4736/sqft and Rs. 16/sqft respectively. The price for residential plots, on an average is Rs. 8935/sqft.

Koramangala-Reputed firms and business houses, renowned educational institutions, St. John’s Hospital and a number of shopping centers and malls, this area is surely a very good option to settle down. Criss-crossed by many roads and near to Indira nagar, the area doesn’t seem to be facing any sort of connectivity issue.The average price and rent for apartments in this area is Rs.4614/sqft and Rs. 18/sqft respectively. The price for residential plots, on an average is Rs. 6570/sqft.

Banshankari- A medium budget locality at about 15 Km from railway station and 25 Km from the airport, the major connecting road is the 100 feet ring road. There are a number of new projects developed recently or under development in the area.The average price and rent for apartments in this area is Rs.4232/sqft and Rs. 9/sqft respectively. The price for residential plots, on an average is Rs. 3693/sqft.

Jayanagar- Lying close to Banshankari, Jayanagar is a well developed residential area with a cosmopolitan setup. There are a number of shopping complexes, educational institutions and some of the most famous food joints, e.g. Mughal Darbar, Taj Darbar, Blue lagoon etc., in the area.The average price and rent for apartments in this area is Rs.4974/sqft and Rs. 15/sqft respectively. The price for residential plots, on an average is Rs. 10167/sqft.

Malleshwaram-It is one of the greenest localities of the Garden City. The place is naturally beautiful with the lush greenery all around.The average price and rent for apartments in this area is Rs.5223/sqft and Rs. 16/sqft respectively. The price for residential plots, on an average is Rs. 8312/sqft.

Marthahalli- Close to Whitefield and Sarjapur, the area is well connected and offers lots of new projects as well, to choose from. It is again a medium budget locality.The average price and rent for apartments in this area is Rs.2617/sqft and Rs. 12/sqft respectively. The price for residential plots, on an average is Rs. 2863/sqft.

BTM Layout-Located in the southern Bangalore, the area houses the IIM. It is a well planned residential colony with developed road system and separate market place.The average price and rent for apartments in this area is Rs.3174/sqft and Rs. 12/sqft respectively. The price for residential plots, on an average is Rs. 5110/sqft.

Madiwala- An area for small budget home seekers, Madivala is one of the most crowded areas of Bangalore. Though the interiors of the locality are not comparable to those lying in the vicinity, it is nearby to BTM, Koramangla, and HSR Layout areas.The average price and rent for apartments in this area is Rs.2785/sqft and Rs. 12/sqft respectively.

HSR Layout- The area is well connected to Whitefield, Marthahalli, and Electronic City, where most the offices are located. Well connected to the city and better infrastructure makes it dearer. You can find any number of medium budget houses in this locality.The average price and rent for apartments in this area is Rs.3351/sqft and Rs. 12/sqft respectively. The price for residential plots, on an average is Rs. 4402/sqft.

K R Puram- Krishna raja Puram or K.R Puram is well connected to the city. You can find hundreds of flats in this area, depending on your needs and budget.The average price and rent for apartments in this area is Rs.1796/sqft and Rs. 10/sqft respectively. The price for residential plots, on an average is Rs. 1151/sqft.

Top Ten Reasons to Visit Bahia Ecuador

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After living in Bahia Ecuador for fifteen months we decided that the time has come for us to share with you the top ten reasons for you to visit this South American town. This question was posed to Bahia locals as well as some of the English speakers who also live in Bahia. -What do you like the most about Bahia-?

One: Tranquility. If you are looking at a photo of Bahia, you may see the many large buildings and think that Bahia is much larger than it actually is. The truth is the buildings, in those photos, are apartment buildings and most of them are empty. Many of the buildings have sixteen to twenty apartments but only two or three of them are occupied year round. The other apartments are owned by folks from Quito and they are only used during holidays. That makes Bahia very quiet and peaceful.

Two: Safety. Bahia is a place where security is seldom questioned. It’s a carefree town but as with any town in the world, you must learn the danger zones. Most people in Bahia will tell you that you will need to watch out for the crazy drivers more than watching out for thieves.

Three: Weather. Many people think that by being on the equator that the temperatures would soar past the one-hundred degree mark and the humidity would be unbearable, but that is not the case at all. The truth is the temperatures seldom eclipse eighty-five and if that does happen, it is only for one hour or so. Many evenings you will be more comfortable with a light sweater or long sleeves. While it never gets cold here, with the evening breeze it can get cool.

Four: Prices. Unbelievably low and here is a short list. Property taxes, for a $100,000 condo, are $64 per year. Lunch is $2 and that includes soup, main meal and juice. Taxi is $1 to anyplace in town, (or you could walk). Labor costs here are $10 per day. The list goes on and on and on. A fifteen hundred square foot apartment with three bedrooms and three baths between $70, 000 and $95,000. Oh, and did I mention that these apartments are beach front?

Five: Clean. Early, every morning, you can see a little street sweeper outside your window pushing his broom to clean up yesterdays mess. It is truly amazing, but Bahia is a very clean town. Six: The Ocean waves. At bedtime, the ocean waves will lull you to sleep and keep you asleep until you simply cannot sleep any longer.

Seven: Entertainment. It turns out that the simplest things in life are the best things in life. Sometimes, when the tide is high, the waves will come roaring over the malecon wall. People will line up against the wall hoping the waves will fly twenty feet into the air to cool them and bring them excitement. It’s fun to watch.

Eight: Triciclo. This is a human driven bicycle with three wheels. This contraption seats passengers in the front and ids covered to protect them from the elements. These tricyclo’s serve as a pleasant mode of transportation. Travel anyplace in town for 50 cents.

Nine: Friendly people. The people here are all friendly and happy. They don’t know much English but that is not a problem, they understand what you need anyway.

Ten: The sunsets. Here, the sunsets are like no other place on this planet. They are very special and well worth the trip just for that.

Bahia is a unique place. A person may search for many years to find such a place. While it is not perfect, show me a place that is.

Life begins in Bahia