Apartments For Rent in Dubai

Apartments For Rent in Dubai

Dubai, it is a place where you get an emirate life for living. It is situated in the United Arab Emirate. It is a place known for luxury shopping , lively nightlife scenes and modern architecture. Burj Khalifa, which is the world’s tallest building, rises to a height of Dubai.

The economy is driven by tourism and Real Estate and there seems to be an endless supply of new and over-the-top projects. Buying a home is often the largest financial transaction in an average person’’s life, so the financial aspect is also significant. Many people struggle with the decision of whether to rent or buy.There are some reasons of why Buying a home is more advantageous than renting :

  • There is no landlord problem for minor bills like electricity bills, water bills, etc.
  • You should not compromise with your daily expenditures.
  • Instead of paying rent, which is purely a cost, you might pay the EMI on your home   loan, which will help you develop your own asset over time. Any EMI you pay effectively increases your home’s equity.
  • If you buy a home it is also proven as a long term investment.
  • Having your own home is a sign of social achievement and prosperity. The house you own is a barometer of your wealth and status. As a result, purchasing a home will greatly improve your social standing.

There are some brief descriptions of some townhouses and villas listed here where you can see below :

1- Aldar Noya Viva Yas Island Townhouses and Villas in Abu Dhabi

In the north of Yas Island, we bring you the amazing Noya Viva by Aldar , which features modern two and three-bedroom townhouses and four bedroom villas. The elegantly crafted homes are built in such a way that their inhabitants can enjoy a modern lifestyle.  Several formats have been created to give people more options. On the top of the roof, large solar panels are installed. Take full advantage of the community’s many world-class amenities. The group provides spacious living thanks to the beautiful villas. The townhouses and villas are modern in architecture and encourage a happy lifestyle. The walls are beautifully decorated in a unique colour scheme.

2- Dubai Holding’s Asayel 2 at Madinat Jumeirah Living

In the heart of Madinat Jumeirah Living, the magnificent Asayel Building 2 by legendary Dubai Holding offers a variety of one, two, three, and four-bedroom apartments. It creates a new standard for luxury and comfort. It is possible to play, function, and live in the same place. The luxury residences are designed to provide residents with a comfortable lifestyle. Its designs are stylish, in keeping with the residents’ high-class lifestyle. It comes in a variety of sizes. Each unit of the building has been given a final polish. They are spacious and provide you with long-term comfort. It establishes expectations by the high quality of its structures.

3- One at Palm Jumeirah 3 or 4 Bedroom Apartments & Penthouses in Dubai –

The magnificent ONE at Palm Jumeirah is Omniyat’s most up-to-date groundbreaking project featuring magnificently built three and four-bedroom apartments and penthouses. The property is located in the heart of the lovely Palm Jumeirah, as the name suggests. With its mind-bending facilities, life is truly majestic at One at Palm Jumeirah. One at Palm Jumeirah’s apartments and penthouses are a unique take on exclusivity and style. It features distinctive architecture as well as sprawling layouts. The variety of formats is extremely creative. Its interior and exterior designs are among the most common. It’s in a classy setting.

4- Legend Apartments at Arjan in Dubailand – Sunrise Transcon

Sunrise Legend by Sunrise Transcon, located in the heart of Arjan, Dubailand, offers luxury studio, one, and two-bedroom apartments. Imagine living in a world where everything is only a few steps away. Interiors that have been well-thought-out have been given sophisticated designs. The kitchen is exquisitely designed. The spacious bathrooms will provide you with a comfortable bathing experience. The spacious living rooms with en-suite bathrooms are ideal for everyday use.The awe-inspiring double-height welcomes an extended colossal lobby that provides a gorgeous view of the surface . Vertical gardens also are set that’s very difficult to seek out anywhere else within the city.

Top 7 Marketing Apps for New Businesses

Marketing Apps for New Businesses

Do you want to boost your new business’s online exposure in 2021? Thanks to technology, it’s never been easier to streamline your day-to-day marketing tasks using online apps.

And, since online activity has increased massively during COVID-19, now’s a great time to take advantage of consumers spending more time on their devices!

If you’ve ever searched for the top marketing apps for entrepreneurs, you will know that there are thousands available. So which are worth using? Here are the top 7 marketing apps:

1. Buffer

Social media is central to digital marketing. It can be a time-consuming activity, though, which is why it’s a good idea to use a social media management app like Buffer.

Buffer is one of the best-known social scheduling apps. Its most popular function is scheduling posts across multiple platforms, including Twitter, Facebook, Instagram, LinkedIn, and Pinterest.

Additionally, another feature of this app is analytics and monitoring, which includes detailed statistics on post performance, the best time to post, and more helpful tips for performance.

2. Hootsuite

Another management tool for social media marketing is Hootsuite. This is a bit more expensive than Buffer, but it does provide some additional features for planning your posts.

This tool is suitable for scheduling Twitter, Facebook, Instagram, LinkedIn, and YouTube posts. You can schedule up to 30 posts at a time whilst managing up to three accounts.

3. Facebook Ads Manager

Facebook is the most widely used social media platform. It’s also the best platform for most businesses for marketing purposes and reaching a large number of potential customers.

If you’re planning to use paid ads, Facebook Ads Manager lets you manage your ads for Facebook and Instagram from your phone.

It’s a straightforward tool that saves loads of time and helps you stay on top of your campaigns, manage and edit your schedule and budget, create new ads, track existing ones, and more.

4. Canva

Next, because images and visual branding are so important, you need to use an app like Canva. This app is ideal for creating professional images, videos, and graphic design.

Canva is also suitable for making content for social media campaigns. It provides customizable templates, and it can be integrated with your accounts using the “social sharing” feature.

In addition to this, the app can be used to make infographics, email campaigns, posters, and logos. And, it comes in both a free and paid version.

5. BusinessCards

If your business relies on offline marketing, business cards are a must. It’s important that your business cards are professional and aesthetic so you create a good first impression.

If you don’t have any business cards or need some new ones, BusinessCards is a free online tool that provides lots of templates that can be personalized to your needs.

6. Mention

Word-of-mouth is an incredibly powerful marketing tool. What other people are saying about your business can make a huge difference, so you need to check this regularly.

However, manually checking every platform is so time-consuming. Using an app like Mention can save you time and make this process much more efficient.

Mention is an app that’s designed to monitor social media, blogs, news sites, and more to get up-to-date reports on who’s talking about your brand and what they are saying.

7. REP

Another popular (and effective) marketing strategy is influencer marketing. If this is something you plan to use for your business, REP is an extremely helpful app to use.

REP is a marketplace app that enables you to connect with influencers and collaborate with them. It also has features for analyzing results and accessing analytics.

There are influencers from every industry, offering free, paid, or pay-per-click collaborations. You can also send payments to them directly through the app.

 

 

How to Decorate without Losing Your Rental Deposit and Upsetting the Landlord

personal touch to rented homes

While landlords can attract and retain tenants with updated, modern, and well-maintained homes, these properties tend to be as basic and minimal as possible, in order to appeal to a wider audience. For that reason, many tenants wish to add a personal touch to their rented homes, but they often worry about breaking the usually strict lease and losing their deposit. In case you want to beautify your rental and make it more suited to your personal taste as well, here are some lease-friendly ways you can decorate your space without upsetting your landlord:

Introduce some color to the walls

Whenever we consider redecorating a space, painting the walls is often the first thing that comes to mind, as an easy way to freshen up the room and make it more suitable to our preferences. But whether you are renting an apartment short-term or even renting to own a house, chances are slim your landlord will allow you to repaint your rental.

color to the walls

Thankfully, there are still some creative ways you could introduce some color and interest to the walls, without repainting or otherwise damaging the surface. For instance, you could choose temporary peel-off wallpaper to freshen the room up with an effective print, or even wall stickers that are simple to remove while still adding a wonderful personal touch.

Don’t give up on beautiful art

Art is an essential aspect in any space, providing a wonderful focal point in any room, while giving us the opportunity to effortlessly personalize our rentals. So, if you’re allowed to make a couple of holes in the walls, feel free to decorate with some framed prints and art pieces that resonate with you the most.

If you aren’t allowed to use nails, however, you can always utilize other methods such as command strips to hang your pictures without damaging the walls. Alternatively, you could also decide to simply prop up the art against the wall by placing it on shelves or furniture pieces, for a more modern and unique take on this classic decor aspect.

Add warmth and texture with rugs

nice area rugs

The flooring in most rental properties is usually practical and durable, but it’s rarely aesthetically pleasing as well. Thankfully, this issue can easily be fixed just by choosing a few nice area rugs that will effortlessly add more warmth, texture, and dimension to any room, while pulling the entire decor together.

When selecting rugs for your rental, however, it’s recommended to opt for ones in neutral colors and minimal patterns, such as natural Miss Amara rugs that are as well-made and long-lasting as they are beautiful. That way, you will have wonderful rugs that will last you for years to come, while also perfectly complementing any other space you might move into in the future.

Play around with lighting options

Lighting is an incredibly important aspect of any interior, not only when it comes to practicality, but also for creating the right atmosphere in the space. For instance, natural light can help to regulate your mood and improve your focus, which is why it might be a good idea to remove any unseemly window coverings if possible, in an effort to easily merge your indoor and outdoor spaces.

In case natural light isn’t a luxury you have in your rental, you can always improve the ambiance of your space by incorporating attractive desk lamps, soft floor lamps, pretty fairy lights, or even by lighting some scented candles around the room.

Opt for impactful accessories

decorating your shelves with books and wicker baskets

Although often overlooked, accessories are truly ideal for adding interest, layers, and dimension to an interior, without any risk of potentially damaging a rental. For example, decorative pillows are perfect for incorporating some print and color into your space, while throw blankets can instantly add warmth and texture to any room.

Accessories also give you the opportunity to play around with different materials and finishes, making for a more dynamic space overall, whether that means dressing up your coffee table with glass vases and fresh flowers, decorating your shelves with books and wicker baskets, or even choosing clay pots for your houseplants.

Wrapping up

Personalizing a rental is essential for making you feel more comfortable and relaxed in your new space, and these lease-friendly decor ideas will allow you to beautify your rental home in an impactful way, without worrying about the deposit or upsetting your landlord.

 

About the author: Mike Johnston is an avid blogging enthusiast and experienced freelance writer. He’s a regular contributor to numerous online publications where he writes about real estate, construction, home improvement, and interior design.

What You Need To Know About Your Business Logo

Your Business Logo

A logo is one of the most important decisions you can make for your business. It needs to sum up your brand in a quick visual representation. It’s usually a good idea to create your logo before you create your website, and any promotional materials

How To Create A Logo

Creating a logo can be as simple and as complicated as you want it to be. There are a few things you should think about before doing anything else. You need to think about what your business is, who your target market is, and what you want your brand to represent. For example, if the words you want people to associate with your brand are natural, simple, and organic, then a logo with bright colors, and many design aspects is not the right one.

You can hire a graphic designer to create your logo, or you can do it yourself. There are a number of free design resources online that can help you create a logo. Try one like logocreator.io. It’s completely free, and has all the functionality you need to make the perfect logo for your business.

Why You Need A Logo

Here are a few reasons why you need a logo for your business.

1. First Impressions

Your logo is actually one of the first things your potential customers see. It’s part of what makes the first impression of your business. Customers respond better to a well-designed logo. You have time to build up a reputation, but you can’t redo a first impression.

2. It Looks Professional

A well-designed logo instantly gives your business credibility, and a professional look. Even if your business is brand new, a logo can give the impression that you know what you’re doing. Consumers expect trust-worthy, credible business to have a logo. In fact, studies have shown that customers not only expect businesses to have a logo, but that they can have an emotional connection to the logo.

3. It Tells People Who You Are

The logo is pretty much the starting point of building your brand. It’s not the entire brand, but it goes a long way to telling potential customers who you are and what you do. Your logo should embody the words, thoughts and feelings you want your customers to have when they think about your brand.

4. It Gives Continuity

A logo can, and should be used across all your media, both online and offline. Your website, social media, and any printed promotional material you may have. Your logo, the design and the colors you use all act together to create a feeling of continuity for your customers.

5. It Visually Sets You Apart

Your logo will be one of the things that sets you apart from your competitors. There are many other things that set you apart but your logo will be one of the first things that your customers see. Having a good logo can mean the difference in them being one of your customers, or one of your competitors.

6. Design Is Important Too

It isn’t just having a logo that is important. The design and colors that you choose for your logo are also important. A study showed that around 80% of customers believe that color is part of what boosts brand recognition. Many businesses look at things like color psychology when they’re choosing colors for a logo. They look at the meanings, and feelings that certain colors can evoke before choosing them for their logos.

How to Get Your Real Estate Business Up & Running

How to Get Your Real Estate Business Up & Running

Real estate can seem like such a comprehensive industry. Fortunately, there is still enough business to go around. Whether you are a former real estate agent seeking growth or a beginner in the industry, getting your real estate business up and running will be challenging.

To help you go through the process swiftly, here are essential tips to keep in mind;

Conduct a Broad Market Research

The real estate sector is a big one. And the business idea you have or the niche you choose will not be the same as others in the industry. To know whether the one you choose is the right one for you, you need to conduct extensive research on it.

The research will be able to tell you whether you will be able to thrive on the niche. And if not, which one is the best for you. The research will provide you with much need real-life experience. That way, you can tell whether you have adequate skills for the job. Or if you should have a career change as soon as possible.

You will also be able to tell how you need to position your business for potential success. And if possible, you may find a mentor during your research. They will be the guide you need to succeed.

The last thing you want is to unnecessarily spend time and money on the wrong niche or idea. Only to later realize that it isn’t your thing. Or that you need a change of career.

It would be best if you researched so that you can start the planning phase of your business. If you feel you cannot explore on your own, then perhaps you should hire an agent to do it for you.

Come Up With a Business Strategy.

From the research, you can quickly tell you what you need to succeed. A business strategy will help you come up with ways to get your business up. It will also allow you the time to think.

You can try coming up with ways to differentiate you from your competitors. What are you bringing to the table? That is a question that you should answer at this point of starting your real estate business.

It would help if you also asked yourself a couple of other vital questions. With the answers you get, you can successfully plan the next step. That includes; which parts of the business do you want to own fully? And what of the rest? What are the values and principles of your business? And what about the mission and vision of your business?

Raise the Necessary Capital

The good thing about real estate businesses is that they do not require a lot of capital. Nonetheless, it would help if you did not underestimate the cost of starting the business and getting it up and running. The startup cost is essential, but you should also get more funds for the company’s next steps, at least until you start earning revenue.

It is no comfortable fit to get investors onboard a new business. But there are online platforms that can help startups to get the funding they need through angel investors. Otherwise, if you lack enough funds for capital, you may need a loan.

If you need a loan to get started, then research some potential lenders. It is wise if the one you settle for can give you the loan at low interest. And it would help if you also considered their payment plan. If it’s something you can work with, then go ahead.

Create a Business App and a Website

Now that you have essential parts of the business set and ready to go, you should consider having a website. Most people will check out your business website before they contact you. And you will need the traffic that the website will bring.

But you also need a real estate business app. It is customer friendly and very convenient. You will soon realize that a section of your clients will prefer using an app over a website.

But it shouldn’t worry you if you lack the necessary skills to create the app. Online app builder platforms such as buildfire.com will come in handy for rapid mobile app development. You can add all the essential features and customize it to your liking. Then, you can launch the business app. Quickly, don’t you agree?

Have a Marketing Plan

People often assume that they will get enough traffic from referrals of both family and friends. But that will not be enough. It would help if you still came up with a successful marketing strategy. It would be best if you started working on some catch ads.

There are numerous marketing strategies that you should consider. But before you settle for one, ensure that it will work best with your target customers. For more ideas, you can read broadly on successful marketing strategies.

Starting a real estate business can be a daunting experience. But with the tips highlighted above, you are off to a fantastic start.

Buying A House In 2021? Tips For Your First Home in Las Vegas

Buying a house for the first time can be very difficult. It is a very long process and a big purchase as well. There are several things that an individual should consider before buying a house in Las Vegas. To avoid frauds and complications while purchasing a house, it is important to research properly.  There are various houses in Las Vegas, and before choosing one, these are some of the factors that need to be considered.

buying a house in Las Vegas

Credit should be checked

One of the most important factors that should be considered is credit. The loan terms and interest rate largely depends on the individual’s credit. If the credit is good, there is a huge chance for the interest rate to be lowered as well.

The credit can be checked by getting a report. Clearing debts can also improve credit. Opening new credit accounts can lower the credit score. Hence, this must be avoided.

Determine the house you want

After checking the credit, determining the house and the budget is essential. Finding a house within the preferred price range is an important factor. That will immensely help to afford the house that the individual wants. Getting a qualified realtor in Las Vegas should be helpful as well. Financing can lead to numerous issues in the process.

Las Vegas homes for sale have a lot of realtors available.  Determining the budget and getting a qualified lender will be able to increase the credit score. After checking the credit, determine the house and property.

Consider the down payment options

Houses in Las Vegas may be very expensive at times. With many Las Vegas homes for sale, there are a lot of mortgage programs that allow loans. Crowdfunding is an excellent option. This will save more money and will not decrease the credit score in any way.

Moreover, mortgage programs will help first-time house buyers to a large extent. In that way, the individual need not struggle to get money for down payments.

Las Vegas homes for sale

Research assistance and programs

Along with various federal programs, a lot of assistance is also available. They are mostly accessible to first time home buyers. There are a lot of houses in Las Vegas for sale, and first-time buyers should be able to take advantage of research assistance.

Numerous benefits in terms of interest loans, tax credits are available through research programs. Such programs will help individuals get down payments and loans, which might not have been possible otherwise.

Budget for closing the mortgage

Closing costs can rise significantly. Hence, along with the down payment, the closing cost should also be considered. Comparing prices and setting a budget will immensely lower the closing cost.

Trying to negotiate with the real estate agent might lead to a decrease in the closing cost. Las Vegas homes for sale at peak timescan be costly, so having a budget for closing can save a lot.

Determine the type of property you want

It all depends on the size of the family or the type of house the individual wants. A family house property will be bigger and much more expensive. However, if the individual is willing to decrease the cost of maintenance, it is best to move to a smaller space. Once the type of property is fixed, the budget can be sorted out accordingly. With this decision made, it is a lot easier to determine the mortgage, loan, and many more.

Various Las Vegas homes for sale

Compromise and take advantage of an open house

Since it isn’t easy to find a perfect house, a few compromises should be made. Moreover, if there is an open house, it is essential to check each and everything. Paying attention to everything related to the house and its maintenance will help the buyer in the long run.

Especially when there are a lot of Las Vegas homes for sale, many viewers may request several viewings. Accordingly, the individual should be able to take advantage of those open houses.

Home Insurance and negotiation

Buying proper homeowners insurance can help take a look at the policies available. More policies mean more protections. It is very important to be vigilant and smart. Negotiating might help decrease certain costs and also adjust the credits while closing. Various Las Vegas homes for sale come with insurance, but negotiation may be needed regardless.

Endnotes

It is very important to consider every tiny factor while buying a house. Among the various houses in Las Vegas,some are in excellent locations. However, some aren’t. The location of the place and whether or not it fits the preferences of the individual is of topmost priority.

Local safety and other necessities should preferably be taken into consideration. Along with that, for further purchasing, saving money is a must.

The benefits of renter’s insurance

pexels-ketut-subiyanto-4246120

If you’ve already decided you want to get renter’s insurance the next step is to understand what is covered in your policy. It’s important to pay attention to the four types of coverages. Today we’ll talk about these types of coverage and what to watch out for when you are choosing your renter’s insurance policy.

It is imperative to understand that each insurance company has different exclusions and coverage limits. Not understanding what’s excluded, what’s covered, and for how much could lead to problems and frustrations down the road when you have to file a claim, which no one wants.

There are four main types of coverage:

  1. Personal liability – Accidental damage or injury (including pet bites) to someone else fall into this category.
  2. Personal property – Anything that belongs to you that isn’t part of the physical structure of the place you are renting — sometimes pets can make this category, too.
  3. Medical Payments to Others – Similar to car insurance. Your provider will pay for medical bills to parties that are injured in an accident or collision with you but are riding in a separate vehicle.
  4. Additional Living Expenses (ALE) – If your living space becomes unavailable due to events outside your control (fire, water damage, etc.), the insurance company will cover any expenses whether in a hotel or other lodging space while yours is fixed.

pexels-ketut-subiyanto-4246185

As with many industries fraud and scams are not rare so it is important to be aware of what you are getting yourself into before signing any documentation.

Once you find a provider that fits your needs, before you sign, make sure to factor in the exclusions – things not covered by your policy. Pay attention to your premiums, add-ons, and any discounts as these can be used to distract you.

To protect from frauds make sure to keep records, receipts, photographs, and inventory of any and all possessions that fall under your coverage as this will help you in case an unfortunate event were to occur. If you file a claim for theft of an item, but there is no evidence that you even owned the item (whether on purpose or not), it could be viewed as fraud.

To read more details and research about renter’s insurance make sure to visit Money’s Best Renter’s Insurance article.

Top 5 Financing Tips For Your Dream Home

buy a home

Purchasing a home comes with its challenges. The financial challenges including saving enough of a deposit to be accepted for a mortgage pre-approval, then maintaining this until you go unconditional, and finally, budgeting to afford mortgage repayments and all the additional bills.

Imagine living in your dream home with the style and space you’ve always wanted. Getting home at the end of a long day, kicking your shoes off and relaxing in the comfort of your own home. It can’t get much better.

Here are some lifelong tips that will help you maintain that dream lifestyle…

Put a budget in place to save for the deposit.

The bigger the deposit, the smaller the repayments. Essentially, working hard to save before purchasing your dream home will make it significantly easier for the lifetime of the loan due to the interest that will accrue.

For this reason, you should budget out a set amount of money to put away specifically for your dream home at every time interval. There are many ways to budget, and each type suits different people. For instance, you could budget on a weekly basis or a monthly basis.

Keep in mind, nothing is stable. Your financial situation will change over the course of saving for your dream home, usually for the better. Think pay rises. However, you should always be prepared to face the worst case scenario and accept that your goals could be put on hold by a year or two, if you are faced with big unexpected bills or job loss.

Boost your income.

When there’s a will, there’s a way. Don’t just utilize your primary income to save for your dream home – there are always things you can do on the side that will put more money in your back pocket.

If you’re in an industry where you can’t do extra hours or do freelance work on the side, you can take matters into your own hands. Buy second-hand items and sell them for profit online. Make candles or soaps on the side and sell them at the markets or online through local social pages. There is always something.

Do your research and ensure the financial gain is enough. Once you find your niche and test and trial, you’ll be able to bring in a steady side income.

And if you can, freelance work is a really lucrative technique to save more. Freelance work usually pays a significant amount more than your usual pay due to the fact the entire pay goes straight to you as opposed to being filtered through the company you work for.

dream home

Make sacrifices

This is a universal tip that should be used at each stage throughout the home purchase and home owning process. Spending money willy nilly will not allow you to afford your dream home. You simply won’t have enough money left to pay the hefty bills that come with the dream.

Cut down your spending habits so you allow yourself a set amount for leisure time or entertainment each week. And cut all other spending on items you don’t need altogether. Clothing, technology, beauty products – only buy items if you really need them and before you purchase, see if you can either borrow or repurpose items you already own. Trust me, keep the big picture in mind. It’s your dream home, after all.

Always view spends as a whole, not as individual expenses

So, you nip out of the office to grab lunch two days a week. $40 a week may not seem like much, but if you calculate that over the year, that’s $2080. And if you’re spending three years to save for your dream home, that’s $6240. Add this to other small spends which accumulate to other large spends and it adds up to tens of thousands dollars.

For this reason, always calculate spends for their entirety over the course of the year as opposed to one-off spends. This will make you rethink – is this spend really worth it?

Use an excel spreadsheet to budget your expenses

Excel sheets are usually utilized to visualize spending. You can either create one yourself or find templates online which are usually easier to use and understand. Start out by putting in your outgoing expenses that can’t be compromised or lowered as they are a set bill. These include mortgage repayment, electricity bill, water bill, internet bill, phone credit, and more.

Purchasing your dream home and making repayments can be difficult, but it is all worth it when you get to reside in the home you’ve always dreamed of.

 

What Realtors Need to Know about Millennials?

When we talk about realtors, Phil Dunphy from the famous sitcom “Modern Family” might be the first one to come to our minds . His endearing nature as well as his integrity makes him a role model to look upto, despite being a fictional character. He was everything a realtor should be, patient, empathetic and of course willing to uphold the interest of his client at all cost. He personified everything that a millennial would want to see in a realtor.

when life gives you lemonade phil dunphy

The catch with millennials is that while they want something unique and out of the box, they are also not naive to buy into anything and everything, hence a perfect balance between innovation and pragmatism is required when it comes to dealing with this group. A deeper understanding regarding this age group would require you to thorough market research, write detailed marketing reports  and competition analysis forms an integral part of it.

Nonetheless, here are some of the key factors that realtors need to know about millennials

Millenials google EVERYTHING

So you were recommended to your millennial client by her cousin brother and you are pretty sure that you are sure going to bag this client, I mean recommendation from a close family member , what else can supersede it ? Well I hate to break it to you, but that’s really not the case. No matter where they have heard something or someone, millennials will resort to the internet for verification. Hence in order to create a solid first impression on your millennial client or prospective client, make sure to have an impressive online presence. Are your social media profiles updated and on point. Do you have your latest contact information on your profiles? Also make sure to monitor the vibe that your profile is exuding? It should strike a balance between being professional yet approachable. If you are willing to go an extra mile to strengthen your online image, consider starting a blog where you use your experience and expertise to share meaningful and valuable content with the world. This would not only cast a very good impression on your prospective clients regarding your level of knowledge in the field but it would also help you reach out to more people.

Having an impressive online presence can literally do wonders for you when it comes to your new age millennial clients.

Millenials google everythings

Millennials are a lazy yet active generation

The oxymoron here can be quite confusing but it is actually quite true and while showing houses to them this is one of the primary factors that every realtor must keep in mind. They love to socialise and meet new people as well as their friends, hence they would prefer houses that are near gyms, swimming centres, malls and hip restaurants. Having said that, millennials also love chilling in their own home and not go out. Sounds pretty weird right, but it’s the truth. Hence a house with a home office, especially in the times of covid or some sort of indoor entertainment can win the hearts of your millennial clients.

Now, these are more of generic points , if you want to go into the depths of the housing requirements of millennials , you have to undertake thorough market research as well as competition analysis and a great way to do that is using the Porter’s 5 forces framework. It will be a great way for you to understand the current competitions that you have, the potential competition that can come up, threat of substitution and other factors too. This will give you quite a clear idea about the existing demand supply ratio in the market thereby helping you make smarter decisions.

lazy man illustration working with laptop

Tech yourself up

This definitely wouldn’t have come as a surprise to anyone. Millennials are well versed in technology and expect the same from whoever they are interacting with. So make sure you too are up to date with the latest technology that has come up in the market, especially in the communication department. You don’t have to be an expert but a basic knowledge about the know-hows is important. For example don’t expect your millennial clients to communicate via BBM because that has almost become ancient. Similarly millennials don’t even like talking over the phone that much, texting is the way to go. Hence, it would always be advisable to text them once before you decide to call them up. While these factors may seem insignificant on the face of it, it can have substantial impact.

Tech yourself up

Be their mentor and guide

This can be quite a decisive factor when it comes to standing out of the crowd. Millennials or anyone for that matter would choose someone who offers more value to them and that doesn’t necessarily always have to mean showing better houses. Sure that is definitely the most important factor, but it is important to communicate it to your clients that you’re simply not going to stop at showing houses to them, but you are going to be there, throughout the entire buying cycle. Guide them regarding their finances, tell them some tricks where they can save some money, on a lighter note recommend some good restaurants and pubs in the locality, suggest some good interior decoration ideas . This is not to say that you have to go all out and be at their beck and call 24*7 . Just be someone whom your clients can look at as a friend and guide and induce that confidence in them that they can come to you when they need any kind of guidance or help.

Be their mentor and guide

Now forging this level of personal connection can require some extra effort on your part, but trust me you will reap the benefits of it soon. Just think of it, when you offer substantial value to your customer, and the time comes for them to recommend a realtor to their friends and family, who do you think they are going to recommend? *wink**wink*

Being a realtor for millennials is not really different from being a realtor in general. Sure , you have to be mindful about a couple of things including being updated with technology, having a good presence on the internet. But apart from that, the core value remains the same, upholding the interest of your customer.

 

Author Bio:

Mary Jones is the co-founder and editor-in-chief at TopMyGrades, which focuses on career counselling for university students in the US, Canada, UK and Australia. Mary is an Assignment Expert and has extensive content editing experience and has worked with MSNBC, NewsCred and Scripted in the past. She has also authored blogs on Lifehack.org, Wn.com, Medium.com, Minds.com and many more digital publications.

Rent or buy during Covid-19 pandemic

Since the start of the year of 2020, it has been a struggle for everyone around the world as a pandemic has struck since the beginning of March, slowly fading away at the moment but still taking full effect as people around the world still are taking necessary procedures to avoid any risky outcomes. The fallout from the pandemic has struck many upcoming business ventures, many businesses losing in the process and some eventually going bankrupt as there was a certain percentage of people around the world who have lost their jobs for the time being and the real estate industry is no different when it comes to the downfall of many businesses and potential investments.

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For many other people living and working during such hard times, since it’s difficult to be doing such recreational activities during the pandemic, many people have stayed indoors actually saving money on the side for what was supposed to be spent on such things like going out for dinner, future vacation trips that were cancelled among the way as well as everything being delivered within the household so people would avoid any risky actions by going out and exposing themselves and their families to a virus that cannot be seen. Since this has been the case for many family households, it has proven to show that people are spending less which means they can be saving more for the down payment that they wanted for their actual property that they desire. It is beneficial to purchase a home at the moment due to the fact that mortgage rates have dropped because the economy has fallen since the start of the COVID-19 pandemic. Finding or having to sell a property has never been more challenging as the pandemic has struck most parties involved within the industry of real estate such as the homebuyers, home sellers, renters, real estate realtors, agents and inspectors and mostly because job security has been unstable to being able to overcome a mortgage payment that has to be paid regardless the times or circumstances.

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Even if it is the best time to purchase a home because of the circumstances and the prices going in your favor but it doesn’t mean that the vision looking forward long-term for the real estate industry can remain uncertain. The real estate market nowadays offers a supply of homes for sale that are actually running low, which leads the industry to raise the prices and put ownership out of reach for many residents among any country.

It is well known that every neighborhood that you are looking to purchase a property, you would realize that you might be overpaying for most of the metric values at the moment. Prices have raised where they cannot be affordable for the common resident because of all the low interest rates among the real estate industry. But there are certain questions that you need to ask yourself before making any quick decisions before purchasing property in any community such as:

  • How much money do you have saved for a down payment?
  • If you have enough for the down payment, how much money do you have on the side saved for any emergency case that might occur?
  • Do you plan on staying in the same community for a long time or a short time?
  • Where do you see your career path going? Are you financially stable to make such a decision like purchasing a home?
  • Do you have enough money to cover the expenses of maintenance and taxes better than you would if you were renting a place than actually being a homeowner?
  • Are you married and looking to find a place for yourself and future children?

For many people within the real estate industry, depending on the capital and savings that would be what makes a difference for homebuyers and people looking to rent, because purchasing a home at any given time isn’t available for just everyone. While there are some obvious financial benefits towards purchasing your own property as the value appreciation can increase and the mortgage interest can lead to deducted tax payments, you end up losing that flexibility that actually comes with renting. Most people see when you purchase a home that you are pretty much stuck with that decision until you decide to rent it out and move out or having to sell it off all together, while others who most of the time can’t afford to purchase a place, do enjoy having to pay a certain amount for rent just for the sake of not making any future commitments that can harm your savings one way or another. As there are maintenance, insurance and even uncertain expenses which can lead to unfinished mortgage payments, which regardless how you want to see it, would be considered in a way cheaper than rent to be paid.

The COVID-19 Rules and Regulations regarding safety hazards and avoiding any further health risks, the coronavirus has changed many ways that we conduct our daily lives today within the real estate industry, but in the end it is a business as any other business but the real estate industry is used to adjusting to circumstances and they have made the basic adjustments towards the advancing developments of technology to achieve a virtual reality. The virtual world is quite different and safety oriented so that the potential buyer renter would be able to view the property without having to leave the comfort of their own homes. Depending on the Pandemic Stage restrictions that can be forced and put into place for certain countries, it would be better to conduct your business online and having to view your property virtually as well as all the signed and needed documents can be shared online as well as communication can be made through phones and texts and even video calls if that would work in your best interest.

For those looking to sell their property during the COVID-19 pandemic, there are three main options that can be made to run the best home inspections available such as virtual tours of the property, live viewings (if possible and not going against any health restrictions) because certain virtual tours about some of the properties that are listed can just be enough for the potential home buyer to purchase the household and give them all the information that is needed to be able to finalize the deal between both parties of the real estate transaction.

In conclusion, as much as it is restricted and difficult to purchase or rent a property at the moment, then it doesn’t make it the wrong time to do so either. Due to the fact that some rates have lowered and been affordable for certain families, then it would be better off to get the deal finished before rates go back to normal and having to be too expensive to afford. You can even purchase a household and put it on the market for rent so you can gain your mortgage payments through your rent payments and not having to go through any trouble with future financial decisions regarding the real estate industry.