Problems and challenges are always popping up, plus market rivalries always add up more value to the bitterness, but some are worse than others. Anything from a bad head cold to a more destructive calamity can push you out of your business track.

Here are some suggestions and precautions that will help prolong your business while you recover from whatever is drowning you!

Keep your financial base strong!!This can take a lot of stress out the situation. Always be building up your financial base. Having something in pocket will give you a constant relief and will assist you in any unpleasant situations.

Be social: Don’t let yourself become an isolated island. Go out and talk with friends, colleagues, etc. I am not talking about clients in this context .You need to take a break from being so much busy and professional all the time. It is been noticed that real estate agents  always get fruitful information  while reconnecting with colleagues and a change of scenery helps them  lift their mood and put things into perspective.

Schedule your prior activities. You may have an eight-hour day planned out on your calendar, and that can be overwhelming. Try to keep a schedule of just a couple of your planned activities instead of trying to do everything. This isn't an all-or-nothing business — even doing 20 percent of your schedule will help keep your business on track, and having a modified schedule can create some normalcy during this chaotic time.

Have systems in place.  When you can’t give full attention on your business, this is the time when systems really come into play and can save your business from total financial disaster. If you haven’t done so already, make this year let your systems in place on how to deal with leads, prospecting, following up with existing clients, and transaction management. This will help you put things on right track for a while.

Don’t get shy. As Real estate agents, the job is a bit tough and unpredictable; these come up with the possibilities of mishaps and uncertainties. So if you can’t help you out from any disaster, you can ask a colleague to cover for you or to temporarily be your teammate, don’t hesitate to reach out and ask for help. You owe it to your clients to provide excellent service. It’s worth it to rip the commission and have a colleague step in.

Don’t quit in the stage of burnout. We all have problems and challenges that come up in our lives. You aren’t alone, and you are human. Give yourself a break and the time needed to recover and build you back up. Don’t beat yourself up.

Hopefully these suggestions will direct you in protecting your real estate from disasters.

 
Problems and challenges are always popping up, plus market rivalries always add up more value to the bitterness, but some are worse than others. Anything from a bad head cold to a more destructive calamity can push you out of your business track.

Here are some suggestions and precautions that will help prolong your business while you recover from whatever is drowning you!

Keep your financial base strong!!This can take a lot of stress out the situation. Always be building up your financial base. Having something in pocket will give you a constant relief and will assist you in any unpleasant situations.

Be social: Don’t let yourself become an isolated island. Go out and talk with friends, colleagues, etc. I am not talking about clients in this context .You need to take a break from being so much busy and professional all the time. It is been noticed that real estate agents  always get fruitful information  while reconnecting with colleagues and a change of scenery helps them  lift their mood and put things into perspective.

Schedule your prior activities. You may have an eight-hour day planned out on your calendar, and that can be overwhelming. Try to keep a schedule of just a couple of your planned activities instead of trying to do everything. This isn’t an all-or-nothing business — even doing 20 percent of your schedule will help keep your business on track, and having a modified schedule can create some normalcy during this chaotic time.

Have systems in place.  When you can’t give full attention on your business, this is the time when systems really come into play and can save your business from total financial disaster. If you haven’t done so already, make this year let your systems in place on how to deal with leads, prospecting, following up with existing clients, and transaction management. This will help you put things on right track for a while.

Don’t get shy. As Real estate agents, the job is a bit tough and unpredictable; these come up with the possibilities of mishaps and uncertainties. So if you can’t help you out from any disaster, you can ask a colleague to cover for you or to temporarily be your teammate, don’t hesitate to reach out and ask for help. You owe it to your clients to provide excellent service. It’s worth it to rip the commission and have a colleague step in.

Don’t quit in the stage of burnout. We all have problems and challenges that come up in our lives. You aren’t alone, and you are human. Give yourself a break and the time needed to recover and build you back up. Don’t beat yourself up.

Hopefully these suggestions will direct you in protecting your real estate from disasters.

 
Whether you’re not quite ready to sell your home (waiting for prices to go even higher?!), or a job opportunity has taken you to another city, you might find yourself interested in becoming a landlord to make financial ends meet “Being a landlord is fun, not at all time consuming and can provide enough returns that you can quit your day job and just collect rent checks all month!”

You’ve likely heard this throw from a relative or from any of your closed one and thought that it might sound a little too good to be true. Guess what? It is. Owning investment properties is difficult, time-consuming work, and it can be very hectic and ruinous to your finances if you are not careful in your activities.

However, even though it does have some milestones to achieve, it can also be very financially rewarding on a long-term basis. With some tough grind and intelligent moves, just about anyone can retire with many properties that provide a nice income stream. So if you’re willing to get your hands a little dirty, being a landlord might just be right for you.

Following factors should be considered when determining whether being a landlord is right for you.

Buy quality!!

If you want to be victorious in your real estate possession, like any other profession you have to understand that real estate is similar, the more you put into it, the more you get out of it. And the process starts with buying straight away quality; cash-flow positive properties located in fair credit quality areas.

Intelligent investors know that purchasing a good property is actually a lot harder than you might think. If you go on your own and buy some property for sale, but will that property produce positive cash flows, sufficient income and investment returns for the time and risk you are taking on as the owner? Majority real estate investors really do not make very much money on their possessions. Bad tenants, renovations gone off track, poor cash flows and Home owner associations issues can all make an owner wish they had left their money in the bank.

So in order to become a landlord you should ask following question to yourself before making the final decision.

Is it possible for me to spend quality time let say the next six to eight months, every weekend, driving neighborhoods, touring open houses, learning about property management, digging out real estate deals, making offers on properties, then going through the securities and due diligence process to take ownership of a good quality property?

If you’re not willing to do all these stuff, you think its time-consuming work to find those diamonds in the rough; you probably will lose money on your purchase and should just avoid becoming a landlord in the first place.

Supervising and managing your property!!

Again, majority of the people perceive that renting their property is an easy task, and that all residents will always pay on time and never cause any hassles. Consult some your property agent who is expert in doing this stuff on regular basis and disclose the facts!!

Like all the landlords you also have to bear the potential issues such as floods, overflowing toilets, broken appliances, etc., and you, the owner, have to deal with those problems. The only solution to these issues is to maintain good relationship with your residents, if you treat your tenants well, hopefully they will return the favor and your life will be easier and your ownership will be a lot more flourishing.

You also have to maintain proper database for all the rents in order to save yourself from future hassles, hire maintenance people, advertise and lease the property, pay bills and file your taxes. So there is a lot more to it than you think.

Now, ask yourself again: Do I want to deal with all those issues? You could just leave your money in a mutual fund and probably do just as well.

If you do want to take on the challenge, purchase five to seven properties in the next two to three decades and probably retire comfortably just about 30 years from today. Just about anyone can. But is it the right “job” for you? Are you ready to be a landlord?

 
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With Pakistani housing market performing strongly in the last few months of 2013, the question on everyone’s lips is: will this continue in 2014?
While we all want to be optimistic and applaud New Year, it is also important to be realistic and not create false expectations for sellers nor sadden buyers with groundless assumptions of a superb year ahead.

Undoubtedly I am expecting further growth in the housing market in 2014.  After all, population growth is picking up again and more people competing for vacant properties.  The big question is, just how much price growth will there be?

To sum up my expectations in a word: moderate.  This year has been about improvement in housing market – the house price increase by almost 9 per cent in the September section (seasonally adjusted).  Expecting this recovery to continue and with the low interest rates helping drive it will be expected to remain into the New Year.

But there are alarming symbols to concern, both in the market and the overall economic conditions. Unemployment conditions have not improved and Pakistani economy is still growing very slowly, suggesting only moderate market growth in 2014, possibly slowing in the middle of the year.

I am concerned about this economic situation, especially unemployment, and of course hope it will improve, rather than slow or leave into negative numbers.  And I hope we don’t see further exaggeration in the US dollar, putting more pressure on Pakistani industries and jobs.

Meanwhile, with the high volume of sell-off has come a decline in the clearance rate. This is in line in the downward trend in consumer opinion since its peak. Historically, clearance rates start to decline six to nine months after consumer sentiment does.
Then, historical trends show house price growth starts to slow.  If this pattern continues, we could expect the growth in prices to start to moderate around mid- to late-2014.

Much depends on consumer response.  In the past few months it has improved but the experts are cautious about how long this improvement may last.

The real estate experts depicts that house and apartment price figures showed increases in the last few months of 2013, with the large volumes of sale and purchase trend. Investor activity also increased – tight rental vacancy rates were good news for them – but there were fewer first-time buyers in the market. This is worrying, but is hopefully short-term.

Hopefully 2014 will see first-time buyers returning to a more balanced market with more increases in communication.  But much will depend on the state of Pakistani economy, the unemployment rate and consumer sentiment.

 
Currently real estate market in Pakistan is considered to be the most eye-catching investment opportunity, as real estate market is going on boom and have reached record highs.

Pakistan’s Real Estate Market trend has been optimistic for last 3 years, which started in the last quarter of 2010 and continues till today in almost all the major cities. Prices have escalated by 50% to 300% in different sectors/areas of Real Estate. Particularly, this year prices jumped to almost double in different segments and in three quarters of 2013 (Jan to Sep) prices escalated from 25% to 75%.

In the real estate market the wisest and suitable choice of investment is Bahria town. Bahria town doesn’t need any introduction. It is itself a success story. It delivered communities the size of cities with complete infrastructure including futuristic lifestyle. Bahria town is the force of turning modern Pakistan into reality. Bahria Town’s 25000 employees are delivering USD 5 billion of iconic development, driving leadership, pioneering innovation and creating a legacy for generations to come. Mr. Malik Riaz founder of Bahria town is the pioneer of building modern housing society in Pakistan. Bahria town has made its name not only to the local publisher but its success story has been globally recognized.

Here are some of the trends that the Bahria town real estate market witnessed in 2013:

 The trend show Eleven months into 2013 and experts concur that the year has been a promising one for Pakistan’s real estate market. The trend for 5 marla plots witnesses 388% increase in the price list in this year. The average price of land in Bahria town in December 2012 was at (Rs 4.5 lac – Rs 14.00 lac), which is around (Rs 22 lac – Rs 30.00 lac) in October 2013.

The trend for 7/8 marla plots witnesses 212% increase in the price list in this year. The average price of 7/8 marla of land in Bahria town in December 2012 was at (Rs 8.00 lac – 25.00 lac), which is around (Rs 22 lac – Rs 38.25 lac) in October 2013.

The market trend for 8-10 marla plots witnesses 208% increase in the price list in this year. The average price of 8-10 marla of land in Bahria town in December 2012 was at (Rs 7.5 lac – 25.00 lac), which is around (Rs 23.10 lac – Rs 73.50 lac) in September 2013.

The market trend for 8 marla - 1 kanal plot witnesses 267.2% increase in the price list in this year. The average price of 8 marla - 1 kanal of land in Bahria town in December 2012 was at (Rs 15 lac – Rs 45.00 lac), which is around (Rs 55.08 lac – Rs 72.10 lac) in September 2013.

We can expect the real estate market of Bahria town to escalate further. It is a promising opportunity that can be effortlessly crooked into wise investment for a long run.  The government should pay close attention to the real estate industry and be as conducive as possible in terms of trainings and providing the right education to interested groups.

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    Read Here about best real estate techs & Bahria town phases Info in pakistan 

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