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Commercial Real Estate – Lease Or Buy?

Thursday, April 29th, 2010

If you are shopping for bargain priced property to purchase, be sure to check into the condition of the property and to make sure there are no legal obligations connected. If a deal seems too good to be true, you need to find out the reason behind the offer. It is a good idea to consult with an experienced attorney that specializes in this area so you will have someone to guide you when questions arise regarding your purchase.

A bargain isn’t a bargain if it doesn’t fit your present and ongoing needs. If you do not foresee owning the property for at least five years you may want to see if you can set up a lease agreement instead of purchasing. My best advice is to find a real estate agent who is experienced in dealing with Jacksonville commercial real estate. Jacksonville commercial real estate agents will have knowledge of office space, retail locations and investment properties that are on the market in the area.

This can be a great investment opportunity for the future. It is possible to find premium properties at rock bottom prices due to the recession. If you have the cash to invest, the property should appreciate in value as the economy recovers. Although it can be risky, the profit potential is great if you purchase or lease premium properties in Jacksonville. This is another situation where a good real estate attorney can be your best friend.

Buying foreclosed properties can be risky but it is worth taking a look at. Do your research before buying any foreclosed property since there may be tax obligations that are connected to the property. This is especially true of Jacksonville commercial real estate that is in foreclosure. It may still be a good investment but as with any purchase you should know what the cost to you will be. You should also have a professional inspector look at the property to see what repairs if any need to be made.

The condition is a very important consideration. Major repairs can be costly so you want to make sure the structure is sound. The wiring and plumbing should be checked by a professional to make sure that it is in compliance with the codes. It will cost a little to hire a professional to inspect the structure but it is something you shouldn’t neglect doing. The cost of the inspection is little compared to the price of major repairs. It can also prevent a lot of headaches in the future.

Before purchasing or leasing, you should visit the area several times at different times of the day. This will help give you an idea if the area will be right for your needs. Planning your purchase can help you find Jacksonville commercial real estate that will appreciate in the future.

Real Estate Marketing

Wednesday, September 30th, 2009

Real estate marketing is an ever evolving industry and the latest and greatest addition to the sector is certainly home staging. Statistically, property staging provides incredible and unrivaled dollar for dollar returns on investment, while also facilitating faster and more profitable sales. Real estate staging has become an inherent criterion to successfully marketing high end properties for many years, but is now becoming a necessary for virtually all salable properties the world over.

There are many reasons to include home staging as part of any real estate marketing plan and the benefits of professional staging have been studied exhaustively, providing solid and dependable evidence to support its application for almost any home. First off is the little known fact that home staging costs are tax deductible in the United States. This is a huge benefit, since it makes property staging a no risk investment. All the money you put in will come right back, regardless of the sale results.

The next major boon of property staging is detailed in the sales statistics of staged homes. The average staged home sells for up to 17% more money than a comparable unstaged house. Adding fuel to the fire is the statistic which demonstrates that staged homes sell 2 to 2.5 times faster than comparable unstaged homes. Basically, home staging fulfills it main objective of providing a faster and more profitable sale for a completely tax deductible investment. This is one of the many factors which make staging the very best form of real estate marketing available!

There are other benefits of home staging which also provide property owners with an edge in any type of real estate market. Staging makes incredible sweeping changes to the aesthetics of a home, without requiring expensive renovations or even construction permits. Staging will provide a visual advantage over competitive properties and help the home to stand out in the minds of potential buyers. Any real estate agent will tell you that memorability is crucial for a successful sale, since many buyers will view 5 to 15 properties at a time and might have a difficult time recalling one from the next at the end of the day.

Best of all, property staging works incredibly well with established forms of real estate marketing. In fact, staging helps to improve the performance of print ads, MLS listings, virtual tours and other forms of marketing, since staging alone improves the visual presentation of the property, thereby making all pictorial representations more appealing to potential buyers. Basically, it is wise to stage the home first, before even placing it on the market for sale. This way, all subsequent marketing tactics will reap the benefits of the staged design.

All things considered, there are many, many reasons to stage a home prior to sale. There are really no reasons not to stage. This being said, it will be my pleasure to provide you with all the home staging information you will ever need on my website. Please join me, as the site is completely free and I even offer a complimentary question and answer service to help you make your real estate marketing project a huge success!

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