The Benefits Of Real Estate Photography

Images that are captured by experts are more appealing to the human eyes. This is why people today are very much addicted to sharing their photos online through websites like Instagram, Pinterest, and Tumblr. While most people use pictures as their way of sharing memories with their loved ones, some industries use it today as marketing tools. In any kind of business, one way to attract customers is to provide images of your products, and a better way is to get professional photographers.

In the real estate industry, photographs are also a proven tool in increasing the chances of selling the house. There are many benefits of real estate photography; both to the seller and the agent, and here are just some of them:

Home Seller’s Benefits:

· Sell the house faster – for home owners trying to sell their house, getting the services of professional photographers help in selling the house faster because people are more attracted with house listings that are accompanied by great pictures. When a buyer is looking for a house, a picture helps him decide easily whether it’s a good fit for him. And so, if the house is presented in a great way, the buyer would be interested in checking out the house instantly.

· Set a higher price for the house – when a house has a visually stunning photo, the chances of getting the attention of potential buyers are high. When more people become interested in the property, the home owner can set a higher price for the house.

Real Estate Agent’s Benefits:

· Good photo can boost reputation – as a real estate agent, it is important to market a property with a good standing, condition, and price. When a property is showed to buyers with professional and appealing picture, this could be associated with the agent being professional too.

· Impress current clients and attract new ones – one way to show your clients that you are committed in creating an exceptional presentation of their property is through quality photography. This would let your clients think that their listing is in good hands. At the same time, you can attract new clients by showing beautiful photographs of your previous clients, proving how professional and expert you are in marketing real estate properties. Creating an attractive portfolio is a great way to attract customers.

With professional real estate photography, sellers and agents could expect results they want quickly and easily.

How Much Does It Cost To Sell My House? Real Estate Commissions Increase

Real estate commissions are typically paid for by home sellers not home buyers. When you go to sell your house you pay your real estate agent a commission. If you look at your closing statement after you sell your house you will notice you are also paying a commission to the buyers real estate agent. In the 1990s the average home seller would pay a real estate commission of approximately 6.1 percent, half to the buyers agent and half to the sellers agent. As the real estate market shifted to a sellers dream the average real estate commission decreased to 5.4 percent in 2001.

Summer 2005 brought about the peak of the sellers market. Home sellers could post a For Sale By Owner sign in their front yard and expect a full price offer in just a few days. When people can sell their house in just a few days by posting a sign in the front yard real estate agents are viewed as an over paid service. In 2005 the average real estate commission was just over 5 percent.

Now the real estate market has shifted back to a buyers market. Real estate agents are back in the drivers seat and once again raising commissions. In 2006 the estimated real estate commission was 5.18 percent, up 0.16 percent from the previous year. With the real estate market sliding even further to the buyers side, real estate commissions are expected to increase even more over the next couple of years.

There are many people who are in financial strain, mostly caused by their home mortgage payment. Either they purchase their home at the top of the market and now owe more for their house than what they purchased it for, or they have some personal situation which makes it hard for them to make their mortgage payment.

If your home is causing you financial strain and you can not afford to pay large real estate commission, you have options. There are a couple ways to sell your house and not pay a real estate agent. You can sell your house FSBO, which will still cost you a few thousand dollars up front, or you can sell your house to a local home buyer.

Local home buyers existing in every real estate market. They will give you a free offer on your home and explain your home selling options. Even if you do not have enough equity to pay real estate agent commissions, your local home buyer can help. They can possibly lease option your home or take over your mortgage payments. If you are in a financial strain because of your home and you would like to sell your house fast. Contact your local home buyer and see what they can do for you.

The Housing Real Estate Investing Environment is Confused – What to Do?

Questions exist about whether the anemic pace of new house construction is the economy or the new normal. There are macro economic and demographic pressures and trends confusing the situation. There are global and national economic factors creating still greater concern. With all of this, where should housing investment go?

While the direction and strength of housing construction are in question. Other factors are clearer. One, whether housing demand slows, remains slow, or picks up and remains steady for the remainder of the century, what we do know is that the United States is on track to reach 430 million by mid century. This is an increase of 120 million. There can be no question that this factor alone requires increased housing supply and housing demand. At the same time, we know that the population is aging. An aging population implies an steadily increasing amount of independently living people. This also implies increased housing demand. At the same time, the number of children per family is falling as well. Construction costs are rising. Debt availability is constrained and will remain much more constrained. These clues give some direction in an otherwise confused real estate investing environment. Likely safe investment strategy includes:

  • Invest in projects that can support more households in the same footprint. The combination of increased costs, smaller families, and an older citizenry recommends multifamily living and allowances for more independent choices in the same space.
  • Invest in major cities with the heavy knowledge work. The trends underway strongly support increased urbanization. Investing into the trend offers significant opportunity.
  • Current population losses in small towns and cities will continue. Some smaller cities will develop momentum, but a significant portion will “atrophy” as urbanization spreads to cities without the write economic drivers – knowledge work, higher education centers, and commodity driven business. Stay away from markets that may fall in this category.
  • As the population ages and demographically focus reduces the attention on children, schools, and youth activities to older adult social interests. Because of this, housing supportive of these priorities will thrive. Properties near entertainment will do well. Properties with great access to employment and adult education have an advantage. Also, properties offering community activities, fitness, and business centers could do better.

Investors who focus on the cross section of trends will fare well even if population growth slows steadily because these items will create value in the face of this condition.