15-03-2012 01:51 Mr. Sung Bonna, CEO of Bonna Realty Group, was invited for sharing his insights on 2012 Cambodia Real Estate Outlook on CTN Channel in Internet Talk Programme. Check it out 🙂
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Mr. Sung Bonna's Interview on CTN [Internet Talk Programme].mp4 - Video
The open house you want to schedule actually will help your real estate agent more than you.
That's one secret Reader's Digest says your agent won't mention. The iconic page-turner interviewed a handful of real estate types across the country to come up with a list for its April issue.
South Florida agents generally agree with the tips on open houses and commissions, though they insist that some of the other secrets and strategies in the piece aren't exactly inside information.
Local agents say open houses aren't effective anymore in the age of the Internet. Nearly nine of 10 buyers hunt for houses online, according to a 2011 study from the National Association of Realtors.
While an open house makes the seller feel good, it's unlikely the home will sell to someone who attended the event, agents say.
"It does give the seller some exposure, but the real motivation for a Realtor wanting to do them is to pick up clients," said Terry Story of Coldwell Banker in Boca Raton.
Open houses typically attract neighbors looking to see how your house compares to theirs. Those who meander through likely aren't qualified buyers, said Marisa DiLenge, an agent for Better Homes and Gardens Real Estate Florida 1st in Broward County.
What's more, there's a security issue, DiLenge said. Some burglars may pose as buyers to find out what valuables are in the home. And DiLenge said she's not comfortable with the prospect of being alone in a property with a stranger.
"In 20 years of doing this, I've sold only one house on an open house," she said. "For me, it's not worth it."
Boca Raton-based Lang Realty isn't dismissing the power of the open house. The firm is holding a one-day event at 300 properties from Boca to Port St. Lucie on March 25.
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Open houses don't work and other real estate secrets
14-03-2012 08:45 How agents can intelligently position themselves to develop new business listings and sales on autopilot.
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Real Estate Agents Internet Marketing101 - Video
14-03-2012 09:09 Get involved with agents that can provide the answers you need davidpylyp.com in your preferred method of communication. a Better lifestyle is possible in Toronto.
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Internet is not a FAD - Toronto Real estate - Video
William H. Poteet Jr., Naples
President, Naples Area Board of Realtors
Tax advisory
As tax time nears, rumors are circulating again on the Internet and via email about a 3.8 percent tax on real estate that will take effect in 2013.
---- There is a common misconception that the new tax, which was included in the health-care reform legislation, is a sales tax or transfer tax that will be imposed on all real-estate transactions. This is untrue.
---- The 3.8 percent tax may be imposed on some high-earning homeowners income from interest, dividends, rental income (less expenses) and capital gains (less capital losses).
---- The tax will fall only on individuals with an adjusted gross income (AGI) above $200,000 and couples filing a joint return with more than $250,000 AGI. The tax is expected to hit only some portion of investment income for upper-income homeowners when they sell a home or investment property.
---- The purpose of the tax, which was inserted at the last minute into the legislation, is to offset some of the cost of health-care reform. The tax is expected to generate $325 billion over eight years.
If you fall in the income range and are considering selling real-estate properties, its important to talk about your specific situation with a Realtor and your tax adviser. You also can download a free brochure by the National Association of Realtors at http://www.realtor.org/government_affairs..
---- The Naples Area Board of Realtors will continue to keep homeowners informed as the 2013 effective date approaches as we seek to clear up any confusion about how you may be affected in a real-estate transaction.
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Letter: Tax advisory