If you are investor, finding a parcel of land to develop is a tiring task. It is time-consuming. It is also very challenging in terms of having to compete with other investors who might have also found the same piece of land for their concepts. Here are some tips to at least make your task a bit easier.
Work or deal with high street estate agents
A lot of developments are managed by high street estate agents in behalf of the firms they work for. If you want your development or your concept be in their portfolio for selling, you have to deal with them. Your business proposition should always be ready for presentation. If you have ongoing constructions, you can take them to your site. Be very idealistic and vocal with the plans that will shape up your development. What they will hear from you or see in your presentations will influence their decisions. Be extra competitive because some of them might already have steady contacts with other firms.
Make use of satellite imageries generated by well-known applications.
Technology is indeed here to make things easier for many people. It includes you. Yes, you can use applications that generate satellite images of streets. Through this, you can easily find gaps in streets and empty spaces or where some small houses are built beside some vast greens. You can then track these places or at least look for some landmarks. Conduct an ocular at the place afterwards. Look for people whom you can talk to regarding the land. If there are no available persons to talk, the local government is your reliable source of information.
Consult local planning divisions of towns or cities you are interested to build your development.
Maximize your time while you are in the city or town hall. Go to the planning division. Ask information on some brown lands or even green lands which are open for planning and development. Remember that once applications are submitted, they become public record. This means you can look at these documents and see for yourself if there are still room for further developments. If not on the same parcel of land, on the adjacent piece perhaps.
Finding a piece of land in which you can establish buildings, townships or even self-build your home can be very exhausting. If at some point, you come to realize you need the help of your local real estate agent, remember that he or she is just a call away!
Buying or selling a home is probably one of the largest financial transactions you will ever have. It can be a complicated and time-consuming endeavor. Enlisting help from a real estate agent can ensure the process will be less stressful and more enjoyable. Following are the benefits of using a real estate agent and tips for finding a seasoned, knowledgeable real estate professional.
Following are the benefits of using a real estate agent:
- Preparing your home for sale. A full-service real estate agent can assist you with getting your home ready for sale by providing invaluable suggestions as well as pricing information for comparable properties to establish your asking price.
- Advertising your home. When the time comes to list your house, an agent can advertise, market and show your home to prospective buyers.
- Negotiating the cost. Once you have an interested buyer, a real estate agent can help you negotiate with interested buyers as well as make arrangements for the closing.
Following are tips for finding a seasoned, knowledgeable real estate professional who understands local market conditions and has the specific experience to best meet your needs:
- Interview several agents to determine which one best meets your needs. Don’t go with the first one you meet.
- Beware of hiring a family member or friend as a real estate agent. Although it would be nice to pass the real estate commission on to a loved one, it is ultimately best to go with an agent with a proven track record in your marketplace.
- Hire a full-time agent as opposed to someone who practices real estate in their spare time. Real estate transactions are complex endeavors requiring agents who are committed to your transaction and understand the ins and outs of the process.
- Ask your selected real estate agent for a market analysis that compares your house to others on the market to ensure the agent you have chosen has done the proper homework and understands the nuances of your housing market.
- Inquire about past houses the agent has sold, including the list price, the actual selling price, and the average length of time it took to sell the houses.
- Get references from their last three clients. Be wary if the real estate agent hesitates to give you this information.
- Ask your agent how they plan to drive traffic to your home in order to generate multiple offers.
- Select a real estate agent you enjoy working with.