Advantages of Using a Realtor For New Homes and Condos – Episode #179

Many buyers don’t know the advantages of using a Realtor to buy a newly built home.  They go direct.  The Builders Salespeople are working primarily for the Builder…NOT the Buyer and therefore their goal is to obtain the highest price possible.

Many Buyers think it will cost them more money to use their own Realtor because the builder has to pay them the commission.  That is FALSE.  Most Builders recognize that Realtors have relationships with interested buyers and are happy to pay them a commission.  There is no additional cost to the buyer.  (And NO the Buyer will not receive a discount if they go in on their own because the Builder does not have to pay out commission)

Real Estate Sales People bring knowledge and expertise to their client when buying a new home or condo, in:

Layout and Location advice – builders will try and sell you the less desirable locations to get them out of the way.  Realtors will help you see all options.

Advice on the Values of Upgrades – Builders make most of their profits on upgrades.  Realtors will help you understand which upgrades will give you the best return on investment.

Advice on Resale Value in a particular area – Realtors can help you understand more about an area’s social and economic status, whether an area will retain its value or not due to certain area factors.

Advice on any Hidden Charges – Realtors will help advise on putting caps on any extra charges.

Realtors assist with the Pre-Delivery Inspection (PDI) – this is very important!

Urea Formaldehyde Foam Insulation (UFFI) – Episode #165

It is rare to find Urea Formaldehyde Foam Insulation (UFFI) in a house these days, but when you do…should you be concerned?

Well, for starters, this video shows you what UFFI looks like.

Secondly, UFFI has had a negative stigma in the past and therefore warrants some education.

Here are some articles that offer good information:

UFFI clause has outlived its purpose

UFFI – Putting the record straight

 

How To Manage and Retain Great Tenants – Episode #152

So you finally bought an income property…now what?  Buying the property is half the battle…now it’s time to manage it.  The question remains: How do you manage this property effectively?

In this video I provide you with 10 simple tips on how to manage and retain your great tenants.  Each one of these tips can be an individual blog on its own, so this blog is to get the ball rolling.

Remember the most important thing:  Keep it simple!

If you are interested in discussing these tips in more detail…send me a message and we’ll chat!

How To Get Rent Ready – Episode #149

When it’s time to get your house up for rent it’s important to go through this checklist and ensure you are “rent-ready”.

Remember, it’s the little things that make a big difference.  You need to remember that your tenants are your clients and you need to treat them like Gold.  So by providing them with a clean and modern home (Rent Ready), your chances of getting premium rents and rented quicker are a lot better.

If you want a copy of this checklist that I always use in between tenancies, feel free to contact me through the “Contact Andrei” page of my website.