4 Tips For Selling a Haunted House

Stigmatized properties are those properties that have unfavorable conditions that make them less attractive for selling. Under this group are homes where murders or suicides are committed, where there are previous owners with serious medical conditions, or those homes believed to be haunted. What if your house happens to be haunted and you want to sell it? Do you think this is possible? Here are some tips to help you sell that ghost-inhabited house of yours.

Find special buyers for your special house

Stigmatized as it may be, but it is a special property too. Why? Because it can have a special market. True enough, there are buyers who will be interested in buying haunted houses. There are people who capitalize on haunted experiences for business. There are also organizations which buy stigmatized properties for their paranormal or parapsychological learnings.

Ahead of time, disclose the truth to all possible buyers

Haunted houses have such frightening reputations in neighborhoods and communities. They are usual topics of scare stories. If your house happens to be haunted and you’re selling it, it will be wiser if you’ll let buyers know that it is haunted. Even if you don’ disclose that fact, buyers will readily know from neighbors and other people because it is a common knowledge. Make potential buyers happy with your honesty.

Cleanse the house of negative spirits

There are individuals who have reputations of driving bad spirits away. They can be priests, spiritual persons, faith healers, or paranormal experts. Let any of these persons handle the task of cleansing your house. Let this activity be known to potential buyers. Raise buyer awareness by inviting other people when these activities are done.

Slash the price

Because the property is stigmatized, you have to consider that buyers will usually negotiate for lower prices. Thus, you really have to adjust your selling price into favorable ranges. With this, you are somehow making the house become favorable in at least one factor.

If despite following the above tips, you are still finding difficulty selling the haunted house in your ownership, then you can always tap the help of your local real estate agent.

Real estate agents have knowledge on stigmatized property laws in your state. They can help you disclose facts about the house you are selling. They can also help you in negotiating prices to interested parties as well as with the paperwork necessary to close the deal.

Real Estate Brokers – Divide and Conquer Your Commercial Real Estate Market

When it comes to winning market share as a commercial real estate broker or agent, it pays if you can divide up your market or listing territory into segments. In this way you can then focus your marketing efforts and activities.

Results in commercial real estate come from systemised focus and you have limited time available each day for prospecting and marketing.

It is a fact that you cannot be everywhere at once when it comes to prospecting and networking. As an individual broker or agent look at your market and consider the following facts:

  • What is your specialised property type?
  • Where is your market?
  • Why should people do business with you?
  • How can you cover the sales and listing territory?
  • What is your competition doing now with marketing?
  • What is your market share and how did you get that?

When you answer these questions quite clearly you can soon see the strategies required to move ahead as a top agent or broker in your local area.

So let’s look at some rules that can help you divide and conquer your local area for increased commercial real estate activity and opportunity.

  1. Determine a key service that you will be focusing on. That could be leasing, sales or property management. You can also have combinations of sales and leasing, or leasing and property management.
  2. Build a marketing package for your ‘key services’. Carry that package of information with you so you can connect with new people at any opportunity. Practice your scripts and dialogues for your ‘key services’.
  3. Identify and set up your main primary territory for new business based on local area growth and opportunity. The primary area of focus should give you 80% of your business. Assumptions should be made on the local area and how it is changing.
  4. Determine geographical or road boundaries that contain your primary area of focus. From that you can determine the desirable and active zones for sales and leasing activity. You can also determine the better streets and properties to connect with.
  5. Your territory is likely to contain many properties and businesses. On that basis split up the zone into segments of 100 properties. Segment by segment (each of 100 properties) you work through the local area to identify owners and businesses. Talk to more new people every day in those zones to identify property change and opportunity.
  6. In addition to the above strategies, connect with property developers and franchise groups separately. You never know when they may require a new location or parcel of land to build on.

New agents and brokers in the industry need a system to proceed and attract clients and property listings. This process will be a very good start in doing that. You can modify it to suit your market circumstances.

The Three Most Important Habits For New Real Estate Agents

When you are just starting out in your career as a real estate agent it is important to develop habits that will allow you to survive those first lean years and build up a practice that will sustain you for many years to come. This article will discuss three of the most important habits to have to make your career take off and keep on going.

The first important habit you will want is to have self-discipline. In business, it is from this habit that all other things come. If you do not have self-discipline, you will likely not get past your first six months. If ever there was a profession where a person could set their own schedule and choose exactly how much work they will do, then real estate is it. And, if you do not have the discipline to use your time in the best way possible, you will soon be doing something else for a living.

The second important habit for you, as a new agent, is the ability to learn from others. You will have gone through training to prepare for and pass the test for your license, but nothing you learned really tells you how to make money. These skills only come from what you learn at your office and from other agents. Pay attention and absorb everything you can from everyone you can. Don’t be afraid to ask questions, you never know what you will learn.

The third important habit for you to learn is to consider everything you do as a business decision because that is exactly what it is. It is too easy to spend half your day surfing the web or chatting with your fellow agents over coffee when you could be introducing yourself to residents in your local market or preparing a mailing to your contact list. The former is not going to make you any money but the latter probably will. Both, however, are business decisions that will play a role in your ultimate success or failure.

Tips For Using Prudential Real Estate Bank Owned Foreclosure List

Investors and home buyers are discovering the Prudential real estate bank owned foreclosure list offers a vast array of discounted homes. Foreclosure houses are moving up the ranks as being the preferred choice for buyers since they are priced below market value.

The Prudential real estate bank owned foreclosure list encompasses all types of residential properties, as well as industrial and commercial real estate. Regardless of the type of realty you prefer, chances are the Prudential foreclosure list can help you locate it.

Bank owned houses are foreclosure properties that were not sold through public auction. Houses are returned to the servicing lender and banks list the properties through realtors. Their primary goal is to recover foreclosure costs and prevent future expenses. Banks are responsible for property taxes, insurance and general maintenance so they reduce the price to entice a quick sale.

Due to the extreme magnitude of bank foreclosures, several million distressed properties are available nationwide. Based on the number of homes it has become virtually impossible for banks to handle the sale of each property. Therefore, lenders enlist the assistance of local realtors to list bank owned properties, arrange showings, and mediate purchase price negotiations.

Buyers submit offers through Prudential realtors, just as they would when making an offer on other types of listed property. Agents present realty offers to the mortgage lender who in turn accepts, declines or provides a counter-offer.

Banks reduce the cost of foreclosure houses in order to remove toxic assets from their books. The Federal Reserve Bank provides money to lenders based on profit margins. If mortgage financiers hold a bounty of stagnant real estate the amount of money they receive for lending purposes can be discontinued until they become profitable.

For this reason, mortgage lenders are rarely willing to further reduce the asking price of bank owned homes. Buyers who plan on purchasing Prudential bank owned foreclosures should be prepared to pay the full asking price unless substantial damage is found during the home inspection.

In order to submit offers on Prudential foreclosure homes, buyers must obtain prequalified financing. Prudential realtors can help buyers locate mortgage providers or buyers can seek out lenders on their own. One of the most trusted sources for mortgage loan comparison is BankRate.com.

If buyers are able to purchase bank foreclosures with cash they might be able to further reduce the asking price. Banks are sometimes willing to reduce the price of bank owned properties when a cash offer is presented. Buying houses with cash eliminates the possibility of buyers not being approved for a home loan and lessens the time required for closing. Many real estate investors purchase bank owned real estate with cash in order to obtain the best deal and expedite closing.

Individuals interested in buying Prudential real estate bank owned foreclosures can review property listings and obtain contact information for the listing agent at PrudentialProperties.com.