We the Neaoki stands to restructure some area of real estate which is the area that brought scepticism
to the mind of many. The area in question is TRUST.
Many has faced unworthiness and unfaithfulness from some real estate company and individual properties,
where after a client has finished making a payment for a property they saw and like, getting hold of that property as their own at long run becomes a problem.
Because of that, we have come in to sit at the middle between a client and the property owner.
We use our legal department to get a property for you.
In short: We are your Realtor
A Realtor is a real estate professional who is a member of the National
Association of Realtors (NAR). Realtors can be agents or brokers who help
clients buy, sell, and rent properties. The term "Realtor" is a trademarked
title and can only be used by those who are members of the NAR, which holds
its members to a higher standard of ethics and professionalism.
Realtors typically assist with property listings, negotiations,
paperwork, and market analysis, ensuring a smooth real estate transaction for their clients.
When buying a home, the seller typically pays the Realtor fees, though this can vary depending on the specific terms of the transaction and the local market.
Here's how it generally works:
1. Seller's Agent: The seller typically pays the commission for both their own agent (the listing agent) and the buyer's agent (the buyer's Realtor). This fee is usually a percentage of the sale price (typically around 5-6% in total, split between the two agents).
2. Buyer's Agent: Although the buyer's agent's commission is technically paid by the seller, the buyer indirectly contributes to these costs because the commission is typically factored into the price of the home.
3. Negotiation: In some cases, buyers and sellers can negotiate the commission structure, especially if the seller is paying less or if the buyer agrees to cover some of the costs.
Other Fees: Buyers may also have additional costs to cover, such as closing costs, inspection fees, and insurance.
Always clarify the commission structure and any fees with your Realtor before entering into an agreement.
The number of homes, lands, or shops you should look at before making a purchase offer can vary based on your specific situation, but there are some general guidelines:
1. Homes:
Ideal Range: Aim to view 5-10 homes before making an offer. This gives you a broad perspective on the market in your desired area, allowing you to compare prices, features, and conditions.
Why: Viewing too few properties might lead you to overlook important details, while looking at too many can cause decision fatigue. 5-10 options usually help you make a more informed choice without feeling overwhelmed.
2. Land:
Ideal Range: Look at around 3-7 plots of land, especially if you're purchasing for development purposes or long-term investment.
Why: Land is often a bigger long-term investment, so you want to ensure you choose the right location, zoning, and size. Fewer options may be available depending on your location, but seeing several options will give you a good sense of what’s available.
3. Shops/Commercial Properties:
Ideal Range: For commercial spaces, visit about 5-10 properties.
Why: You need to balance location, foot traffic, amenities, and rental potential. A few more properties than for residential real estate may be necessary due to the complexity of commercial real estate and your potential business needs.
Factors to Consider:
Market Conditions:
In a seller's market, you may need to act more quickly and review fewer properties due to competition. In a buyer’s market, you may have more time to explore a variety of options.
Your Criteria:
Your personal preferences and investment goals should guide the number of properties you view. If you have very specific needs or are seeking a rare property type, you may view fewer properties, but ensure those you visit are aligned with your criteria.
Ultimately, it’s about finding the balance between enough options to make an informed decision and not overloading yourself with too many to consider.
Determining how much to offer for a property depends on several factors. Here are a few key aspects to consider:
Market Value: Research the market value of the property. This includes comparable sales in the area (known as "comps") and the general state of the real estate market in that region (whether it’s a seller’s or buyer’s market). A real estate agent can help with this.
Listing Price: The listing price gives you a starting point. If the property is priced aggressively and there's strong demand, offering the listing price may be appropriate. If the price is above market value, consider offering less.
Condition of the Property: If the property needs repairs or updates, you might factor the estimated costs into your offer. For example, if it needs a new roof or plumbing work, you could offer less to account for these expenses.
Seller Motivation: If the seller is motivated to sell quickly (e.g., due to a job transfer, financial pressure, etc.), they may be open to a lower offer. Understanding the seller's situation can help you tailor your offer.