Comparing Real Estate Companies – How to Decide Between Companies

Each year, a large number of American homeowners decide to sell their homes. If you are one of those homeowners, have you already sold your home? If not, what method of selling do you plan on selecting? Many homeowners are under the misconception that selling their home without professional assistance will return a higher profit.

If you live in or around the Los Angeles area, you may want to consider seeking professional assistance from a Los Angeles real estate company. Real estate companies are usually a collection of agents who specialize in offering assistance to homeowner’s who are looking to sell their home. If you are interested in seeking assistance from a Los Angeles real estate company, you have a number of ways to find the perfect company.

If you live in the Los Angeles area, you can use your local phone book to find a number of local real estate companies. To find the perfect Los Angeles real estate company, it is advised that you speak to a number of real estate agents. This means that you should contact multiple real estate companies. In your local phone book, these companies should be listed under the heading of real estate.

In addition to using your local phone book, you can also use the internet to find the contact information of multiple real estate companies in or around the Los Angeles area. There are a large number of online business directories and online phone books. You can easily use these resources to find a number of local real estate agents.

It is also possible that you could find a local real estate company’s online website. These online websites can most easily be found by performing a standard internet search. You can search for a specific real estate company or you search for companies located specifically in the Los Angeles area. Whichever online search method you choose, you should be provided with a large number of results.

Before deciding on a particular Los Angeles real estate company, you are encouraged to meet the agent or agents that you will be working with. When meeting these individuals, you are encouraged to examine their customer service skills, along with their training and experience selling real estate. An agent’s customer service skills and real estate training is vital to the successful sale of your home.

When examining a particular real estate company or agent, you will also need to determine their method of payment. Most real estate companies will receive their fees based on a preset commission percentage. The exact dollar amount of this percentage will be determined after your home has sold. With the proper amount of research, it is possible to find a Los Angeles real estate company that only requests a one percent commission.

Taking the time to find and examine a number of real estate companies in the Los Angeles area is the best way to ensure you are getting what you pay for. Why settle for second best, especially when with a little bit of time and research you can find the best real estate company in the Los Angeles area?

How to Value Real Estate Companies

The last few years saw property prices go through the roof. Three factors that impact property price are cost, interest rate and income levels. Given the fact that in India, the shortage of residential units is approximately 19 million, demand side will never be an issue. Reduction in interest rates and tax incentives for home loan repayment drastically increased the affordability and demand of residential properties after 2005. And as supply lags behind the demand for residential properties, prices logically rose drastically. Similarly, growth in IT and ITES sector and organized retail sector resulted in increase in commercial property prices.

Driven by soaring commercial and residential property prices, valuation of real estate companies also increased dramatically. Some investors consider the size of ‘land banks’ as a key parameter for investing in realty companies, and give little importance to margins and execution time taken to complete these projects. The major pitfall of this approach is that even loss making companies will be valued highly, despite having poor fundamentals.

While size of land banks held do provide indication about expected growth of a real estate company’s revenue, investors should also consider certain ratios specific to this industry. Operating margin and Return on Capital Employed should not be ignored as they provide valuable insight into a realty company’s operating efficiency. Also, since realty projects have long gestation period, it is important to understand how the company is financed. Hence, debt to equity and working capital to sales are very important ratios to be applied while analyzing such companies.

Investors who value real estate companies based on the total land held use ‘best price per square foot’ method to value the land size, experts opine that since it tends to ignore the risks involved, using ‘normalized price per square foot’ or ‘profit per square foot’ are more appropriate methods. According to some experts, Price to Earnings ratio and Price to Sales are appropriate methods for valuing real estate companies.

One major shortcoming of valuing land banks for determining the value of real estate companies is that there is no standard price which can be used. Moreover, land prices defer widely from location to location. Using higher values per square feet will tend to overvalue companies.

You Can Invest in Property Using Real Estate Companies! Here is How

Real estate companies share many differences as well as some similarities. For instance their main real estate focus and staff compliment may differ.

By looking for admirable qualities such as punctuality and integrity, I find that I locate more companies that tend to be more sincere. I believe that the information provided may be trusted if such a trait exists. If there is a discrepancy there is always the possibility of getting the matter rectified.

I can always work with a different Realtor if a specific company fails to meet my high standards for quality service. Unlike what some people tend to hold as the truth you do not have to chase down the agent selling the desired property. You can find your own agent with whom you feel most comfortable.

How do you select a real estate agent? Real estate companies have agents listed online and in their property books. Find out if the agent has prior experience in the property type you intend to invest in and if they have all the relevant and valid licences.

There are commercial agents and residential agents. Even though some agents do have broad specialties; I find that my best experiences were with agents who specifically matched my specific real estate type to the letter. You should consider asking for references from people when looking to select an agent. If a different agent than requested contacts you, then you are not obligated to work with them.

Perhaps there is a temporary reason but be cautious. Once you establish yourself with an agent it is going to be hard to break away. Do not forget that prior to signing an agreement with an agent you are still free to move anywhere.

Not all fish are of the same color or design. This is one reason that real estate companies have differing focuses. Some take on only large parcels while others stay with middle of the road level properties. Absolutely nothing wrong there. It is what sets companies apart from one another. More crucial is to make sure that the agent you are pursuing is within the framework that you are expecting to fall within. If not, then it may be time to shop elsewhere.

Agents work on commission and do not get any perks or incentives from the buyer. You may be asked to allow the agent to represent both the buyer and the seller in the same transaction because of the combined commission which will be created.

Real estate companies that are reputable will not push this merger. Your rights include having a licensed agent who will put your needs as priority over all. I have allowed it to happen to some of my transactions to test it out for myself and I find it tends to become a conflict of interest for the singular agent.

Pointers to Ponder Upon When Looking for Commercial Real Estate Companies for Investment

Sealing a deal with commercial real estate companies will make or break your prospect to generate an income and get a profitable return of investment for a commercial business. Hence, you need to know what to look for before settling with one company to design and develop your property or to invest in one. Here are pointers you can ponder upon:

Investment Guide

Not everyone intending to invest has performed their research and even if you did, you still need up to date and accurate information as well as useful guide when it comes to commercial property investment. Hence, an ideal commercial real estate development company should offer a free guide in order to usher an investor into the right direction.

The guide will show current trends in the commercial property investment world including what services or products sell, how much initial capital is needed for a specific property, how long it will take get a ROI, and other important information pertinent to your project or investment’s success.

Proven Track Record

Research the company’s track record. Find out how many properties they have been involved with and whether or not it was successful. Involvement may include designing, building or developing, and even selling or leasing the property. Most companies will have the information handy on their website so you can easily compare one site to another. You may also browse through related forums, directories, local listings, and social media groups.

Track record not only includes actual properties developed. Awards and citations also prove how successful a company is in their respective industry; in this case, commercial real estate.

Associated companies also say it all about a business. Thus, the reputation of businesses they are affiliated or work with directly also matter.

Customer Testimonials

This is related to the preceding pointer since feedback from actual clients back up a company’s claim to a proven track record. Again, the website itself will have this information readily available. You can read previous customer’s testimonies about their service. If it’s possible, you can also counter check the veracity of a testimonial by reviewing the source. Who is the person reviewing? What business is he or she representing? Are there websites or social media pages related to the person or the business? Can you be able to contact them personally or through the web for first person information? These are some of the questions you can ask.

Investment Opportunities

Lastly, you should know how much money is needed for the investment and how much will you expect to earn in return. Find out what other perks are also involved. Some companies offer the opportunity to purchase and lease such as in vacation ownership or hotel residences. You can buy a unit or space and either rent it out or use it for personal purposes. Other important details you must know also include insurance, tax, stamp, and so on.

With these pointers to ponder upon, you can effectively choose which commercial real estate companies to invest your hard earned money to and expect a lucrative return of investment.

What Real Estate Companies Serve Paradise Valley?

A wide variety of real estate companies list Paradise Valley as part of their service area on their website. The reality of the situation, however, is that relatively few of them actually have sold a property in the past year, if ever. The Paradise Valley real estate market is a higher end market with most sales exceeding $1 million. Some sales exceed $5 million and there is an occasional sale of over $10 million. The potential to generate an enormous commission obviously attracts virtually every agent with a real estate license to salivate over the prospect of listing a real estate in P.V. It is not unlike an agent in an outlying area of Los Angeles dreaming of the day they sell a mega-mansion in Beverly Hills or Malibu.

Because no real estate offices are physically located in primarily residentially-zoned P.V., you have to look to Scottsdale or Phoenix for the location of most real estate companies serving Paradise Valley. Some offices on Scottsdale Road are literally a softball’s throw away from town limits and even in some cases share the same 85253 zip code. At the same time, real estate companies located around 32nd and Camelback or 44th and Camelback are an extremely short drive of under 5 minutes to cross over the Town of PV town border. Because many agents work from home offices or spend relatively little time at their company office, it is quite possible that a realty company even slightly further away might have a wide variety of agents that live in and work the PV market.

The best way to determine the companies that serve the Paradise Valley market is to look at who actually sold properties in the past year. Looking at 2012, there were 450 single family residences sold in PV. Many of these homes were sold by mega-brokerages that have tons of agents all over the Valley. These include companies like Coldwell Banker Residential Brokerage, HomeSmart International, Realty Executives, Realty ONE Group, RE/MAX Fine Properties, RE/MAX Excalibur Realty, Keller Williams Sonoran Living, Russ Lyon Sotheby’s International Realty, and West USA Realty. Smaller brokerages that exclusive concentrate on the high end areas of Phoenix such as Walt Danley Realty and Sandra Wilken Luxury Properties also make the list. Other large brokerages with some business in PV include companies like DPR Realty and Those Calloways. Beyond that, there are a wide variety of real estate companies that have some business in PV including everyone from Arizona Best Real Estate to Congress Realty to REO-specialist R.O.I. Properties to various other Keller Williams franchises.

The Emerging Real Estate Companies in Noida

The city of Noida came into form on 17 April 1976 when the UP government notified 36 villages under the section 3 (i) of the Uttar Pradesh Industrial Area Development Act 1976. Noida was named after the autonomous body, New Okhla Industrial Development authority. Being located on just the eastern part of the national capital territory of Delhi, over the years the city has developed immensely.

Noida in deed is one of the largest industrial cities in India and has also emerged as a major corporate hub in the NCR region. Noida is now the common ground for the development of commercial, residential as well as retail units. In fact, the real estate companies in Noida are on full gear to suffice the growing demand for Noida realty landmarks.

The following are some real estate companies Noida that have contributed to the property development in the city.

Unitech – Unitech is accounted to be one of the largest realtors in India. The company has a market capitalization of approximately US$ 5 bn. Unitech ranks among top 50 realty companies and boasts of many landmark structures that have attained a new level of excellence.

Jaypee Group – Jaypee Group is an industrial conglomerate with a well diversified infrastructure. Regarded as one of the notable real estate companies, Noida has an annual turnover of Rs. 6500 crore. The group has already made its presence felt not only in property development but also in the hydro power, cement, hospitality & educational institutions.

The realty arm of the group is known as Jaypee Greens and since its inception in the year 2000, the Greens have involved its expertise to develop buildings of golf-centric premium residential in self-sustained mega cities.

Amrapali Group – Amrapali Group is one of the top rankers in the list of reputed developers Noida. The developer promises to offer luxury and comfort in each and every of its projects. The team of Amrapali consists of highly competent engineers, over 50 professional and 150 supervisory grade executives of the Amrapali Group. Apart from the above mentioned ones, there are several other developers that have involved themselves in to highly ambitious projects. The greenery of the city, the population free environment, efficient power and water supply system make Noida a highly feasible zone for real estate companies Noida to invest.

Addi Sharma is a well known author and has been writing content for iTrust Financial Advisors. iTrust is a leading personal finance portal in India providing excellent services in financial planning, real estate India including Noida real estate

Dealing With A Real Estate Company: What Possible Benefits Can You Get?

The real estate market undeniably becomes competitive as the days pass by. There are varieties of homes being advertised for sale and the prices greatly differs too in consideration of the features and location of the property. While many home buyers would want to embark on their own house hunting adventures, there can be some complications. Working with a real estate company is one of the most efficient ways by which home buyers can get multiple benefits towards the realization of home ownership. Here are some of them.

A real estate company employs agents that have a specialization or two.

For real estate companies to be reputable, they are employing agents who do not only possess professional certificates in the field. They also build a team composed of professionals who have double certifications. Some are also property managers, financing specialists, home stagers, and interior decorators. It’s like a one-stop shop filled with experts in a variety of home-buying and home-selling related processes.

More than finding professionals, you’ll find new friends!

Companies in the real estate market train their agents to be professionals of the highest standards and etiquette. You are not only dealing with professionals and experts. You are actually building relationships with your new-found friends. Yes, they’ll treat you as one before even considering you as a client.

You’ll get all pertinent information about a house being sold.

In order for you to buy a house that suits not only your budget but also your needs and preferences too, you have to be dealing with honest persons. Inside a real estate company, you’ll come across people that are straightforward and honest. Hiding information is not an inclusion in their moral and professional vocabularies. You’ll be presented with both the strengths and weaknesses of the property and help you weigh them to your advantage.

Be educated too!

To help you understand what you are embarking on, the professionals within a real estate company will guide you step by step. They will explain the importance of every process involved in buying a house. Difficult terminologies or those in vague are made easier through their brief yet clear explanations.

Buying a house may be difficult particularly if it is a first time endeavor. Working with a reliable and reputable real estate company will not only give you the above benefits. You will also realize your dream of owning a house in the least amount of stress possible.

7 Services Provided By A Real Estate Company

Real Estate is one of the most successful business in our country. These companies are playing an important role in the development of a country. Today they are not only providing brokerage services, but also the construction of buildings and homes. It may be commercial or residential services. Some of the services provided by these companies are explained below.

1. Continuously conducting market analysis for the estimated value of land in the current market. So they can give awareness to the customer about the market value of land for the seller and buyer.

2. Also they prepare the contract and leasing bonds for the customers. It includes the legal transaction of properties under government rules. The bond consists of transaction details with proper address proof of buyer and seller.

3. They only market the original property. Because properties under legal issues may affect the company in future. So those who are looking for the transaction of real property can contact these companies.

4. Exchange of properties is also done by these companies. They do this only with the advice taken from a legal advocate.

5. They also give awareness to the customer about how to market and sell the property. They also advertise your land as a part of marketing and earn you more amount.

6. Leasing is also done by these companies. it includes giving properties for rent with the help of a lease.

7. High efficiency, timely delivery and fine quality are the factors considered by a real estate company. So you can give your project to these companies without any hesitation.

Kerala Real Estate is a leading real estate website today.So those who are looking for an investment should select real estate.

Property Buyers’ Cheat Sheet – Choosing The Best Real Estate Companies

Everyone deserves a place where they can simply relax and let go of their thoughts after a long and hard day at work and this place is called a home. This is the place where they can forget about their problems and just enjoy the brief moments of bliss. Apart from its soothing ambience, your home or place should also have all the things you need in order to get the most out of it.

The concept of owning or leasing a place to stay sounds simple enough but the real problem starts when you begin looking for the right property. The burden is further aggravated when you are looking for a new place in a different country. It’s true that there are countless options that buyers can choose from, but the question is “are these properties worth it?” listed below are some tips for property buyers in order to choose the right real estate company that can help them find the most ideal place for them to stay.

Make a thorough research – just like any other investments you’ve done before, doing a brief research really helps a lot. But this time make it a thorough one. You’re not just buying a box of stuff, you are buying a new home and this means you’ll be staying there for quite a long time (or even for the rest of your life), so make your research thorough. Enlist reliable real estate companies in that area and the key here is to keep narrowing your list down. Take note of those companies that has proven its worth in the industry. Most likely, they will be your best shot. You can check their credibility by simply browsing through their website and checking their services offered as well as their galleries. This also proves their commitment to their job as you can see how good they are in what they do.

Visit the actual properties – this comes right after shortening your list. If you’ve chosen the top real estate companies in that particular area, it’s time for you to visit the actual properties that they offer. While checking the properties online is pretty convenient, visiting and seeing the actual property with your naked eye is still the best. This is where you can actually feel what the property offers. This is also the best way for you to inspect the house.

It’s not new to anyone how hard finding the best and most ideal home as well as the best real estate companies are, but with these tips, you are one step closer in making a secured and safe investment.

How Should I Choose a Real Estate Company?

Joining a real estate company, whether you are considering a move, or joining for your first time, is an important decision and one that you should make carefully and deliberately. So what factors should influence your decision-making process?

To be perfectly honest, my company didn’t know the answer to that question, so we conducted a survey. We queried half a million real estate professionals and discovered that the vast majority of agents choose a brokerage for only five reasons, and we’ve made it our mission to excel in all five areas.

1. Your Company Should Find You Customers. Join the right company and you’ll immediately solve the number one problem facing agents today: not enough customers. Some companies give their agents leads, while others don’t. Our company doesn’t. You’ve probably heard the adage, “Buy a man a fish and feed him for a day. Teach him to fish and you feed him for life.” So instead of giving our agents leads, we teach our agents how to find their own customers.

We provide our agents with both our telephone and our website lead capture technology, enabling them to produce as many customer leads as they can work. The typical agent who uses our lead capture technology spends about $250 a month in advertising and generates between 80 and 90 customer leads, or enough leads to complete about 3 deals a month.

However your company goes about getting you business, make sure and select a company that solves the “no-customer” problem or you likely won’t survive in this business long enough to choose another company.

2. Your Company Should Provide You With Productivity Tools. Today, most agents spend a fortune on various tools and software. You should look for a company that will provide you the tools you need to do your job. When I say tools, I’m not talking about a fax machine and copier. I’m not talking about a computer that the agents can come in and use. What I’m talking about is tools like a website, lead capture technology, and a full-featured client manager application.

Our company’s agents each get their own state-of-the-art LCM Web Gateway, their own LCM Phone Gateway, their own personal Agent SimpleSite website, their own integrated Pipeline Client Manager, and Pipeline Virtual Assistant and mobile applications. They also get access to our productivity calculators, business planning modules and much more.

If your company isn’t providing you these basic tools then I hope they’re providing you with a much better split so you can buy them on your own. Today, real estate is virtual, and not having the basic technology tools to practice in today’s virtual environment is like trying to run a foot race in combat boots: You start out at a huge disadvantage in a highly competitive business. Don’t do it.

3. Your Company Should Train You to Succeed. Many companies talk about training, but few actually provide it. Look for a company that will help you get better at being an agent. Our industry is constantly changing and successful agents are always learning.

Having the best tools and having an endless supply of new inbound customers won’t help you at all if you don’t have the basic skills needed to turn those opportunities into closed transactions. That’s where training comes in. I believe that there are several fundamental things that a REALTORĀ® must have if he’s to become a mega-producing agent. Just as technology is crucial to success today, so also is training.

Let’s be honest here: most of us haven’t done a lot of studying since we left school, and the temptation is to try to get by without having to do the work. I know that. But that’s all the more reason to make yourself do it. Average agents won’t. You want to be a top agent!

I’m going to make a confession here. I don’t really like to study either, but that’s what gives me an advantage. My peers never crack a book, while I read about two books a week. Do I do it because I like to read? NO! I do it because I need to continue to push myself to be the best I can be.

If I am to be at the top of my game — if I really want to be the best — then I have to make myself do those things that I don’t necessarily want to do. Remember how your mom used to make you eat spinach? Well, I say eat your spinach.

I realize it’s a hassle to continually take training, but this is your profession. Be a professional. I promise you that there are agents calling me every day asking for help because they really want to go to the next level and the help they need is not available at their own brokerage! What a shame.

Find a brokerage that encourages a learning environment and find a broker that will help you grow. Frankly, that is part of what you should be getting for your agent split, and if you aren’t, you’d better be getting enough additional money to find your training elsewhere.

4. Your Company Shouldn’t Waste Your Time. At the end of the day, the only thing you have to sell is your time. That’s precisely why our company doesn’t waste our agents’ time with sales meetings, caravans, floor duty, or other non-productive company meetings. Find a company that won’t waste your time. Find a company that empowers the agents to be productive while maintaining the support, community, and structure that many agents crave.

When I was a brand new agent, I was in a very traditional Century 21 office. We had a company meeting every Tuesday afternoon. We had “sales meeting” on Wednesday morning, followed by a two-hour caravan. We had no less than 2 half days of floor duty, and another 2 half days of sitting in a builder’s model home.

Add to that the wasted time of dealing with the bureaucracy of the office structure, and about one other hour-long meeting a month and we are talking about over 20% of my available time! If you want to make $100,000 this year, and work a forty-hour week, then your time is worth $50 per hour.

And all the wasted time adds up quickly. Those time-wasters would have cost me $400 per week or $20,000 per year! That is like paying over $1,600 a month in rent! Is there any wonder I only stayed for two years? I couldn’t afford to stay! And that brings me to the final concern: money.

5. Your Company Should Pay You Well. Ask most agents what their commission split is, and they won’t have a clue. It depends on whether it’s a cross-sale or in-house sale. New or existing. January or December. Most company commission plans are a shell game. In my company, our agents keep a minimum of 80% and any agent can make 90% by being a top-producer or a top-recruiter. Period. And that’s 90% with no office rent, no transaction fees, no administrative fees, no nickel and dime fees, no fees period.

If your company split needs an MIT graduate to calculate, you can bet it’s because they don’t want you to know how little you actually make. Find a company that pays you well, that doesn’t have a complicated and elaborate compensation plan, and make sure and factor in any rent or other charges.

For example, if you pay $1,400 a month in rent, in a market with an average commission of $5,000, and you do one deal per month, your effective split needs to be adjusted downward by 28%! So if you think you’re at 100%, you’re really at only 72% before factoring in any copies, faxes, and other fees!

Let me sum it all up like this: When you choose a company to work with, make certain that they solve your customer problem. Make sure they provide you with the basic tools you need to be successful in today’s virtual real estate climate. Make sure they provide training to keep you at the top of your game, and make sure you invest your time to take that training. Finally, make absolutely certain that they don’t waste your valuable time and that they pay you well.

Finally, after looking at all five of those areas, you need to choose the one you like and respect, and that’s my quick answer.