Tuesday, February 17, 2009

Maximize your commercial Property Profit

One thing I have realized that each geographic area has its own types of construction materials that are popular and effective for that locale .Agricultural areas, including farms (pig/chicken), pesticide/fertilizer manufacturers, agricultural chemical makers and transporters, and grain storage facilities, have the potential for environmental contamination that could migrate to adjacent property. These areas are also usually smelly and may have a lot of truck traffic coming and going. Every situation is unique, but if it looks like a major agricultural operation is going on next door, the seller should make sure and understand that property values may be affected.Similar to fuel oil tanks, properties having a septic tank should not necessarily be a cause for alarm. Most rural properties have septic tanks and many operate correctly. However, a faulty septic system is usually easy to spot or, should I say, smell. Look for smells around low spots or in ditches. If you smell sewage and the property is in a rural area, you may have located a septic problem. This may not be a deal killer if the property is a good bargain, but fixing a septic problem can cost thousands of dollars and require approval by the county.

Friday, February 13, 2009

Three main reasons not to use an agent

We all better know that the real estate market has seen better days. As the economy becomes more and more tight and families continue to cut back we are seeing a large increase in the FSBO market. it's important that FSBO home sellers take advantage of the different marketing methods available to them.What I have found is that many people choose not to use an agent for three main reasons.
1) Many people in the FSBO market have been wronged by an agent. They have had a bad experience with their agent. In many cases the agent did not follow through with their promises during the listing presentation. Many FSBO's say that their agent simply did not communicate what was going on with the home while listed.
2) most of the FSBO's do not trust agents. This is typically a case in which an agent lied to the owner about showings, marketing activities, or some other factor.
3)During this tough economic times consumers are finding hard to pay a real estate agents the thousands of dollars in commission to sell the home, especially if number 1 and 2 above are true.

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