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Sunday, April 8, 2012

TOP 10 Fastest Growing U.S.A Cities - Good For Real Estate Market

Charlotte initially made ​​his mark as a transportation hub, but these days the banking sector governed.
Charlotte is the "second largest financial center in the nation, after New York," said Bob Morgan, president of the Charlotte Chamber of Commerce.

Bank of America calls Charlotte home, while Citi, Ally Financial, JPMorgan and Wells Fargo are all host operations. The jobs offered by these big banks to swell the population of this city have helped over the years.

In addition, the area of growth have is the "half-back" phenomenon. North Carolina receives a large number of former northerners who retire to Florida decide first, but later, to leave the state.

"They will get hit by their second or third hurricane and they move halfway back to their old home," Morgan said.

1. Charlotte, N.C.
Population: 1,249,449
Growth (2000-2010): 64.6%

2. Raleigh, N.C.
Population: 884,891
Growth (2000-2010): 63.4%

3. Cape Coral, Fla.
Population: 530,920
Growth (2000-2010): 60.8%

4. Provo, Utah
Population: 482,819
Growth (2000-2010): 59%

5. Austin, Texas
Population: 1,362,416
Growth (2000-2010): 51.1%

6. Las Vegas
Population: 1,886,001
Growth (2000-2010): 43.5%

7. McAllen, Texas
Population: 728,825
Growth (2000-2010): 39.3%

8. Knoxville, Tenn.
Population: 558,696
Growth (2000-2010): 33.1%

9. Greenville, S.C.
Population: 400,492
Growth (2000-2010): 32.5%

10. San Antonio, Texas
Population: 1,758,210
Growth (2000-2010): 32.4%

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Monday, April 2, 2012

Property prices near Dubai Metro

Property prices in the near Dubai Metro stations have been increased by up to 34 percent since 2009, published according to the emirate's Roads and Transport Authority (RTA).

Properties in the vicinity of subway stations has cost an increase in demand in recent years as more people to seek more efficient transportation options, claiming the RTA.

Had carried out a joint study of the RTA Strategic Planning Department and the Dubai Real Estate Regulatory Agency (RERA), said ownership of more than one-third increase in some areas.

Started in 2009, was the first driverless Dubai Metro network of its kind in the Middle East.

It was originally developed for the six lines have about the city, but the plans were back in the wake of Dubai's debt crisis scale, triggered in late 2008.

The Red Line, which carries about 190,000 passengers per day, was the first track to be put into operation, running from Rashidiya Station to Jebel Ali Station.

A second line, the Green Line, was opened in September last year to serve the older parts of town like Bur Dubai and Deira.

A report by real estate agents Asteco predicted in August last year that Dubai real estate could make a jump after the start of the Green Line to see how more commuters began favoring accommodation with strong transport links.

Rents for apartments in the vicinity of operating stations in Bur Dubai and Al Barsha had already seen increases of around 10 percent, the real estate consultancy said at the time.

He added that many areas saw a growth in 'underground community'.

Other analysts were skeptical about the RTA's claim rising prices 34 percent, says increases in 10 to 15 percent is probably realistic for most areas.

Price increases will be dictated by the location, they said.

"It depends on the situation. There is a linear system, so that would not do all of the line through the high density areas such as perhaps in other cities go," says Matthew Green, head of research and consulting for real estate company CBRE.

"I think many of the higher density areas are on the Deira and Bur Dubai side, which is probably where it has had more influence."

Ian Albert, Regional Director of Colliers added: "I ​​would say that there has been an increase, it follows a global pattern of increases for properties that are close to public transportation.
"I guess that would be 34 percent in a particular place."'

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Sunday, April 1, 2012

how to start a real estate business

Anyone who enjoys selling real estate also enjoy having a brokerage. With several agents split their commissions with you, your own four brokerage makes it easier to ride fluctuations in the market, an attractive benefits brokerage ownership. Of course, a broker can be found on supervisory duties that you do not have an agent, and you have to bear the expense for an office. But if you enjoy mentoring and have cash-flow management skills, the rewards can be great, mentally and financially.

* They usually require more
1.Broker License
2.Office Equipment
3.office furniture
4.Yard signs

Step 1:Save up enough money to cover your startup costs, which will also rent or buy space, office equipment, logo design, an office sign, signs yard, website design, insurance.You also need to set aside sufficient funds to cover operating expenses for at least three to four months, advises Tom Pleimling, broker-owner Tom Pleimling Realty in Alexandria, Virginia. Operating expenses include rent, advertising, fees, online fees, utilities and other miscellaneous items.

Step 2: Find out what broker licensing requirements in your country, and get your real estate broker license. In most states have a state-approved course, be 21 years old and have practiced real 
estate as a salesman for two years.

Step 3: Choose a location for your office. Consider zoning restrictions, visibility and parking for your agents and customers, as well as square footage.

Step 4: Set up a professional looking site, and employ a service that allows you all the entries in the Multiple Listing Service as well as its own display. About 80 percent of buyers start their home search online now home to a Forbes.com article titled "How to Make a Real Estate Brokerage Run: technology," which quotes a real trends and Harris Interactive survey.

Step 5: Buying Errors and Omissions insurance. As a broker, you are legally liable for agents on the actions of your agents. Errors and omissions insurance are you in the event that an unhappy customer sued the agency to cover.

Step 6: Develop an independent contractor, the agreement outlines your expectations of agent behavior and provides for the Commission agrees with the individual agents. As an independent contractor, you may request not office hours by agents, but you can expect that they hold to a code of ethics, and you can also add your directives describe the use of office space and as a means to unwanted incoming calls to take.

Step 7: Outfit your office. Essentials are waiting area and conference room furniture, a desk and chair, fax, copier, telephone system and at least one computer in the office. As independent contractors, agents can create their own personal computers. If you provide desks for agents, you may decide to charge a desk fee to offset operating costs.

Step 8: Recruit agents. Established agents have a following, you will benefit. New agents could bring a lot of energy and excitement to your brokerage, but you have to train them carefully to ensure that they do not make legal errors. You may also need sales training.

Step 9: Develop clientele. Each agent take you probably get some customers. But beyond advertising for your placement in newspapers, real estate publications and on television and radio. Realtor.org also recommends the implementation of an office open house, direct mail and increase your profile by advertising. Advertising could include sponsorship of a charitable function, or a Little League baseball team, for example. In addition, hiring a SEO company to look at your site's visibility in search engines to increase.

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