Real Estate Learning Center

The Real Estate learning center is a series of videos providing everything you need to know about the residential real estate process.  Casandra Properties is pleased to provide this educational material to guide you through the process of buying or selling real estate in Staten Island NY.

Found 57 blog entries about Real Estate Learning Center.

Tips On Choosing A Chartered Surveyor In Oxford UK

If you've ever been involved in the process of buying a property, chances are you are well aware of the job description of a chartered surveyor. They are the folk that comes in to inspect your dream house before you finalize the process of making it your future home. A good surveyor possesses laser sight when it comes to defects, shortcomings and potential pitfalls that the ordinary eye is usually blind to. 

That said, let's look at some tips on how to spot a really good person or company in the survey business in Oxford and use their services in order to save huge money on bad real estate decisions.

 

Evaluate Your Individual Situation

 

Before you call somebody, analyze your individual case in order to decide on the type of survey

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camera man photoWhile it may not seem like a big deal, some people underestimate the power of using professional photography when listing a property. Below are just a few of the many benefits professional photography can offer.

 

1. Ability to stage photos

a)   A staged home makes the room look bigger and helps potential buyers envision what the home will look like with furniture. Without staging, pictures can be deceiving and not embellish what the space is capable of.


2. Houses with professional photos tend to sell faster

a)   As a broker, the faster you sell a property the happier your client will be, and they will be more inclined to recommend you to a friend and/or family member or use in the future!


3. Using professional photography can lead to

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Selling a house can be challenging. And the even bigger challenge is to get the best price possible. The key is to make sure your home looks great when it's time to put it on the market.

Fortunately, you can learn how to make your house look nice. All it takes is a few helpful tips to point you in the right direction. After all, you'd be surprised how much difference small changes and improvements can make in getting buyers to pay more.

In this article, we take a look at a few of those small improvement that can increase the value of your home. Keep reading to learn how to take your home's appearance to the next level.

Get Rid of Clutter

First of all, it's time to get rid of anything you don't need or want. A cluttered house isn't

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RPOBack in 2005, long before most of the competition, we saw very stormy times ahead in the Real Estate and overall economies. In response to this, we developed a program that we called RPO, Real Estate Portfolio Optimization. 

 

The idea was as the market was shifting there would be a double hit for institutions and Not-for-Profit’s in particular. When you couple a slowing economy with overall budget cuts and the government’s tightening of the belt you end up with a cash crunch for these Not-for-Profit’s. The RPO program was designed to take a look at NFP’s real estate portfolio’s, which shockingly were viewed as liabilities, and convert them into positive cash flowing assets. The strategy was to identify, assess, optimize and where appropriate

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New York CityJames Thompson is a partner at Scamardella, Gervasi, Thomson & Kasegrande P.C and has shared his knowledge of the new Transfer Tax laws with us below.

 

In April 2019, New York State passed a budget that included substantial changes to the real estate transfer tax laws. A summary is below for your reference. The changes apply only to cities within New York State having a population of one million or more. Accordingly, practically speaking, these changes apply only to transfers of real property in New York City.

Generally, the new rates apply to any transaction closing on or after July 1, 2019. However, it is important to note that there is an exception for any transfers made pursuant to a Contract entered into on or before April 1, 2019 and

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FSBOTaking on an FSBO can be an arduous task. Here are some tips to get you through this process. First, get your home ready for sale, check out these basic tips on how to get your abode ready to grace the market. 

 

Spruce it up! When gearing up to put your place on the market, it is important that you spruce the place up a bit. Touch up your landscaping, clean up the exterior of your home, make repairs, and clean out/organize your closets. These few improvements will enhance your home’s curb appeal and boost potential buyer’s first impressions of your home. Messy closets give off the impression that there isn't enough storage in your home. Even if that is the case, you don’t want to give off that impression! Clean fresh exterior and landscaping make

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White BoardReal estate acronyms or abbreviations can be confusing. They are used to save time and money in advertising ads. Without abbreviations, real estate ads would be costly and lengthy.

Most real estate agents use this lingo, so once you get the hang of them, you will be able to read and understand real estate listings!

4B/2B: Four bedrooms and two bathrooms. A "full bathroom" is a room with a toilet, a sink and a bathtub. A "three-quarter bathroom" has a toilet, a sink and a shower. A "half bathroom" or powder room has only a toilet and a sink.

CMA: Comparative market analysis or competitive market analysis. A CMA is a report that shows prices of homes comparable to a subject home and that were recently sold, are currently on the market or were on

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Selling your home is definitely not an easy process...STAGED HOMES SELL FASTER! Agents say that 70% of buyers prefer a staged home over an empty one because staging a home makes it easier for buyers to visualize the property as there’re future home, and 40% of buyers are more willing to walk through a staged home they first saw online!

 

How much does home staging cost? Probably less then you think! As a general rule of thumb, most staggers charge $300.00 to $600.00 for an initial design consultation that’s a small price to pay for the maximum sale of your property! Staging is also something you can do on your own using key pieces you already own, remember keep it simple and clean and get rid of the clutter. Eliminate half of your belongings

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As a real estate agent, I along with my team often get calls about investors looking for 1031 investments. When selling a property owned for a long period of time especially in New York City where prices historically have skyrocketed over the years, the owners are often exposed to capital gains. So, their options were always primarily to pay the taxes on the capital gains which can in some cases be as high as 35% +/-  or enter a 1031 like-kind exchange where you replace the sold property for a similar property.  

 

There is now a new program in New York State under the Federal Job Acts of 2017 that provides an alternative for investors facing capital gains. An opportunity zone is a low census tract with an individual poverty rate of 20% or more

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This process looks different in most states. However, the process has a similar structure wherever you go. In the state of New York, to qualify for licensure as a Real Estate Salesperson, a candidate must first register and complete a 75-hour salesperson course. A list of programs is provided by the state so you know where you can register. After you’ve completed the course, you must take and pass an exam administered by the Department of State. Once you’ve passed your test, before you can jump in the ring you need to find a sponsoring broker. Once you’ve done this, it’s time to get to business! Essentially, the process of becoming an agent is comprised of these steps:

 

  1.      Registering for a 75-hour real estate course 

Use this resource

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