14
Apr

Realtors Need a Unique Success Mantra

rt10The real estate demand has reached around 1.35 billion square feet by 2020 in India. This is said to be up from around 900 million square feet currently. Out of the total numbers around 85% will be for the residential properties in India.

According to the reports, the sale of residential properties have slowed down due to low demands by customers at the current rates. This is leading to an inventory overhang is metropolitan and other major cities. Due to this slowdown, the builders have increased the discounts and are offering attractive offers so that there is some improvement that is seen in the condition of residential properties in India. However, the developers as well as the real estate sector needs to do something very differently to achieve success in this sector.

There has been a change in the real estate model and this will change more often and continuously and at a more rapid speed. However, the developers need to find the ways that these changing scenario can be a profitable one for them as well as the buyers. The builders are not able to understand this changing scenario and how should they cope-up with these changes. Once they get a hand on experience about these changing scenarios, definitely, there is no looking back for the residential properties in India.

Traditionally the charges that were attributable to the real estate firm was in managing approvals, land acquisition and agglomeration. However, now people are constructing sustainable, concrete business and value creating industries around very good process managed real estate along with very good execution skills. These definitely are the ways one can be successful in this changing scenario of the real estate in India and with this the developers need to understand and cater to the demands to the buyers so that they do not hesitate in buying their dream home. Thus, the real estate firms needs to upgrade themselves with the changing environment and reach new heights.

There will be financial protection for the home buyers whose projects do not complete on time. Any delay in the construction will provide benefits to the buyers. The buyers are allowed to claim for tax benefits of Rs 2 lakhs after possession if they invest in any under-construction building and it does not complete within 3 years. However, there will be a reduction of 30,000 if the builder delays the construction beyond the limit and thus they will have to pay higher interest. Also, the first-time buyers have to pay additional rent if they are buying homes for self-use.

3
Apr

How Buyer’s and Seller’s Markets Impact Homes for Sale

rt9Nothing is as fickle as real estate. Housing prices may rise or fall for any number of reasons. Although they can make investing in your own property a bit of a risk, with a little bit of knowledge the informed shopper can easily make the best decision possible when looking at homes for sale.

Buyer’s Market

Simply put, a buyer’s market is a result of the economic principle of supply and demand. In this case, there are more properties in supply (i.e. for sale) than there is a demand for them, meaning that those looking to invest in real estate have a lot of options to choose from. Supply and demand fluctuate depending on how many new customers enter an area and how many homeowners in the region have decided to stay in their properties.

In these circumstances, there are plentiful homes for sale, which favors those interested in investing in residential property. The geographic region and price ranges are favorable and the cost to purchase is relatively low. If housing in an area tends to take more than six months to sell, then it is considered a buyer’s market. You can easily find how many days a property has been listed on various real estate sites.

Seller’s Market

In a seller’s market, it is harder to find homes for sale. The supply is low in comparison to the demand to purchase property. Prices are typically a little higher and houses don’t tend to stay listed for as long a period of time.

When this occurs, there are a limited number of options. Buyers will have less opportunity to negotiate-because sellers can entertain other offers-and as a result, will pay more than they would in a buyer’s market. Sellers can increase their prices and, as long as the homes appraise for the asking price, receive more than they otherwise could.

What Stimulates the Change

As with everything, housing properties will fluctuate between shortage and surplus. While there is no clear determination on how long the current stage will last, there are several factors that can impact the supply and demand of homes for sale in your area. Things like interest rates, consumer confidence, and economic conditions have a high impact. A growing regional economy coupled with low-interest rates and high confidence can lead more people to buy houses.

However, just because more people are buying doesn’t mean there are also more people selling. Supply tends to lag behind demand in real estate. While you may think that low rates and good economic growth would spur a buyer’s market, it is actually more favorable to sellers. That is because there are more parties competing for a limited number of houses.

When the economy slows down, or interest rates increase, demand diminishes. When that happens, homes for sale will stay listed for longer periods of time. With more real estate options available, qualified purchasers have better chances of finding good deals on housing in their areas. Buyers can often negotiate with the seller on a much lower price than what the seller had originally intended.

30
Mar

Should You Buy a Ready Possession Flat or Get a Home Constructed

rt8Living in your own flat or house provides you with the great feeling of security, independence and happiness. The ultimate dream of everyone is to own a place to live. When a person starts to earn, the first thing that comes into his mind is to own a house and starts to save a lot towards this purpose. When it comes to own a house, you have got two options, buy a ready possession flat for sale or buy your own land and build a house in it. Both these ideas have their own advantages and disadvantages. Let’s analyse some of them to decide between these two great options to own a living space for ourselves.

Building Your Own House

Every person has a dream to construct a house that suits to the needs and requirements of the family members. It gets fulfilled when you plan and construct a house for you. Here, your liking and preferences of interior decoration, a color of paint, types of tiles and marbles and a lot of other features of the house give preference. You can choose between costly and cheap materials of construction. You can supervise the laborers and technicians who work to construct your house. Meanwhile, you can save a lot of money. Again, you can construct your house part by part. It is not necessary for you to construct it at a stretch. You can complete the work as and when you have money. Hence, your house becomes a fulfillment of your wishes and dreams. At the same time, there are a lot of disadvantages too. Constructing a house by you takes away a lot of your time and energy. If your knowledge in the construction field is limited, you may make mistakes in choosing the right materials and laborers for the construction. These days labour is not easily available. In the case of a sudden financial crunch, your dream to construct your dream house may not get fulfilled.

Buy a Flat

When you buy ready possession flats for sale, you have a lot of advantages. The most appealing benefit of buying a flat is that you can move as soon as you complete the buying formalities. There are no worries and hurries of construction. You become the owner of a beautiful home overnight. Your confidence and self-esteem will shoot up and you will achieve the status of being the proud owner of a flat. When you choose a ready to possession flat for sale, you choose to live in a highly developed are in your society. The disadvantage of buying a flat is that you have to find a large amount of money to buy it. There are also options to meet these financial requirements. The quality of construction also may worry you a lot.

18
Mar

Pressures That Dominate Real Estate Value

rt7When people usually think of real estate value they think of two forces; supply and demand. Yes, this is correct; however supply and demand only fall under the one of the four main categories that drive/depress real estate value. Supply and demand fall under the economic category of influences in real estate value. The other three include; social impact, government subjection and environmental forces.

When looking at social impact, there are a few things one would want to consider determining the effect it will have on real estate value. Most of all the value would fluctuate accordingly with population characteristics. This tie into the potential for demand in the economic section of value; the more demand, the more value a property can derive. Population however should be looked at in more depth by breaking down the sample by age and gender, rate of household formation and partition, as well as analysis of the social values such as education, law and order, and lifestyle preferences. Careful consideration of these factors will help establish trends in what would be reflected in real estate values.

Next is the government subjection, accounting for a large aspect of real estate value. This includes political and legal activities on several levels of government. These government influences have the power to overwhelm natural market forces such that you would find in the economic category. Government has their hand in providing facilities and services that affect values as well as a one of the main contributors to patterns of land use (zoning, by-laws, etc). The following are some things to look out for when assessing the government subjection of a market; fire and police services, garbage collection, transportation arrangement, utilities, zoning, building codes, health codes, and fiscal policies. Also the legislation that is set forth by the governmental factor must be accounted for, this would include; rent control laws, rights to farm, rights for managing forest, rights to agricultural land, restriction on ownership, new development laws, control of hazardous and toxic materials, and laws affecting investment power, loan terms, and mortgage lending institutions. All in all this is quite the category and its understanding will provide for a great idea of where values are currently and where they are headed.

In addition to the social impact, as well as government subjection, the environmental forces also play a part in real estate values. These can be natural or man-made and are analyzed by observing several aspects. Climatic conditions (snowfall, rainfall, temperature, humidity) would be an obvious one that would affect the values of building somewhere as well as maintenance and carrying costs, as well as the quality and type of build. Topography, soil and consideration of any toxic contaminants would also be of great importance as well as natural barriers, such as rivers, mountains, lakes, etc.

Just to get out of the 4 factors of real estate value; it is important to mention that there are some overlying factors that would be part of 2 or more of the categories. Once such factor is location, this is the link of a property in time/distance to any given origin or destination of a resident/user of the property. Location could fall under for environmental and economic, if not all categories. Due to the area and property type, properties access to public transport, schools, hospitals, stores, employment, suppliers, recreational and cultural facilities, parks, and places of worship would of importance.

This would also lead us back to the economic factor of influence on real estate value. The fundamental aspects to look for here include: employment, price levels, wage levels, industrial and commercial expansion, mortgage credit availability and cost, stock of vacant property, stock of improved property, occupancy rates, construction costs and rental/price trajectories of existing properties.

11
Mar

Real Estate Statistics Explained

rt6Basic Real Estate Statistics Explained

We are going to define some of the basic real estate statistics that get thrown around on a regular basis. To do that, we will use one real estate market, located in Hood County Texas. Even more granular, we will use the single family numbers for homes in Granbury Tx, a small town of approximately 8,000 residents which has seen substantial real estate growth in the past 12 months. It is important when reviewing real estate statistics to use a group of numbers large enough for consistency, but granular enough to tell your story.

The statistics that we will be referencing are true and accurate for the year discussed but are being used to define the real estate statistic itself.

We have chosen Granbury Tx as our example because the growth of the local real estate market there make the statics stand out.

Anytime you are evaluating statistics, especially in real estate, the source of the numbers are extremely important. In most instances, the MLS (Multiple Listing Service) provides the most accurate numbers when referring to real estate. This is because they have all listings by all local real estate brokers in their database. For the sake of explanation of the data, we will be looking at the numbers for home sales in Granbury Tx, directly from the MLS. These numbers are meant to give an example of how to read the statistics themselves. Anytime you evaluate real estate numbers, its important to pay close attention to how the numbers are gathered. In this instance, we will be using ONLY single family properties in the city of Granbury.

Basic Real Estate Statistics

    • Number of Sales – This one is pretty self explanatory. It is simply the number of single family homes sold in a particular month. In January of 2015, they had 51 single family homes sold. One thing to pay attention to when looking at this statistic is are they using the Under Contract date or the day the property actually went to closing. These two dates are usually between 30 and 60 days apart, so its critical that you know which one is being referenced. In addition, many of the homes that get calculated, if you are using the “under contract” number may not actually close! In our example, we are using the number of homes that actually closed. In January of 2016 they had an increase of over 49% which brought the total to 77 from 51. Growth of that level is very seldom ever seen.

 

    • Sales Volume – Sales Volume is simply the total amount of dollars spent on single family housing within that month. Once again, when reviewing this statistic, its important to keep the property types consistent. If you are comparing two areas to see which one has grown more and you include vacant land in the number for one area, you must include it in the other too. As previously mentioned, our examples only include single family properties. With Number of Sales looking at the units, you would expect the Sales Volume to go up appropriately, but in this instance, it went up even more than the units (by percentage). The total Sales Volume of single family homes in Granbury in January of 2016 was $15,191,500 as opposed to the January of 2015 number of $9,281,915. That is an increase of over 63%. Because the Sales Volume went up at a larger rate than the number of units, this reflects the average home sale being much larger in 2016 than 2015.

 

    • Months of Inventory – This is a commonly referred to statistic when examining a real estate market. This statistic refers to at the current rate of sales, how long will it take to sell through the existing level of inventory. This reflects the supply and demand for the market. In our example, in January of 2015 the level of inventory was 9 months and in January of 2016 it had dropped to 6 months. That is a 33% drop in available inventory! This means if you are looking to buy a home in Granbury Tx, it will be a little tougher in 2016 as there is less inventory available to buy.

 

    • Median Days To Sell – This stat simply refers to how long it takes for single family properties to be put under contract. Don’t let the “to sell” confuse you. To accurately show the demand for active homes, you really want to track how long it takes to go “under contract”. The process of acquiring final lender approval, insurance and getting to a closing can vary on a variety of factors. In January of 2015, the Median Days to Sell was 88. That number dropped by over 30% to 61. Once again, this tells you if you are looking for homes in Granbury TX, you better get your offers in quickly as the most desirable homes are going fast!

 

    • Average Price – This statistic can be derived in a variety of ways. We are going to use it in its most raw form and simply be the Average Price of Homes Sold within that month. Be careful when looking at this statistic printed anywhere as how the user defines the date sold can vary. Needless to say, Average Price can be used for active homes for sale or for the homes that sold. The Average Price of ACTIVE homes for sale is generally a pretty useless number as you can list a home for any price, without any possibility of it ever selling. Many homes listed for sale are at unrealistic prices thus the Average Price of Active homes for sale can fluctuate dramatically and give little insight into the market. You will want to look at the Average Price of SOLD homes. In January of 2015, the Average Home Sale was $181,998 and it jumped to $199,888 in the same month in 2016. This is an increase of almost 10%. This is not a number that truly tells the increase in home values across the board, but simply of the homes sold in that month, what the average was.

 

  • Median Price – The Average Home Sales Price can be skewed by a variety of factors. All it takes is one 5 million dollar home sale to throw those numbers off. To get a better view of the overall increase in value, it can be better to look at the Median Sales Price. Median Sales Price takes the number that is perfectly in the middle. For instance, if you have 11 homes that you are using in your statistic, you would take the sales price of the 6th one. This leaves 5 homes sold higher and 5 homes sold lower. In this instance, they are pretty close as the Median Sales Price increase from January 2015 to 2016 was 9.69%. This shows that we didn’t have the Average Price skewed too much because of an extremely large or extremely small sale.

There are hundreds of ways to look at the same numbers, when referencing to real estate, so be very careful to read the fine print on exactly what numbers they are using. When making comparisons, you will want to make absolutely sure that both are referencing the same property types, dates etc. It like the old saying says… there are lies, damn lies and statistics.

3
Mar

Why Sky High SoCal Housing Costs Just Keep Rising

rt5Any SoCal Resident Can Tell You Rent is High,

But did you know the average cost of a home in Los Angeles ($658,000) is more than double the national average for houses of the same size? Real estate experts say that the gap between the cost of living in LA and the rest of the country will continue to get larger, all the way through 2018. When gainfully employed, educated people with salaries hovering around $250,000 a year are looking to move to nearby cities due to the inability to find a home within their budget that meets their standard of living, it is clear that California is pricing out its own residents. And the truth is – there isn’t really much anyone can do about it.

The Cause

While no single problem is exclusively to blame for the incredibly inflamed housing cost in Los Angeles, the generalized answer is that there are not enough houses to meet the demand, and in addition to that, the cost to build more housing keeps developers away. It is a vicious cycle of economics – people want housing, construction companies can’t fill that demand because the cost to them is too high, this takes money and jobs out of the metropolitan area as builders, investors, and developers look to the suburbs to build, so the demand grows, and the cost grows alongside it.

What is even more unexpected, is that the positive growth in jobs and the rest of the economy is actually putting more of a strain on housing cost. Los Angeles has added tens of thousands of jobs in almost all sectors of the market, from the lower level entry jobs, all the way to opening space for new executives and CEOs, and as you can expect, that means more people look to move to the city to fill the openings which the jobs have created; thus adding to the demand for housing that seems insatiable in Los Angeles.

The Proposed Solutions…

The answer seems simple, right? Just build more houses. Unfortunately, nothing is ever that easy. Up until recently there was a push among lawmakers to, at the very least, keep the cost of housing under control through litigation.

The solution seemed concentrated on reducing the cost for contractors to build homes and new developments. Prior to this year, litigation seemed to offer great tax incentives to builders willing and able to quickly build new multi-family units, especially in urban areas. Especially to those builders who made such new developments more eco-friendly and energy-efficient.

Many state law makers have focused energy and attention on low-income housing subsidies. The legislative analyst’s report estimated that building affordable homes for the 1.7 million low-income households in California that now spend half their salaries on housing would cost as much to finance each year as the state’s spending on Medi-Cal.

… And why they have failed

As much as state litigators may want to deal with the overwhelming housing shortage in LA, there is a huge problem – namely, that most decisions regarding new developments and building fall into the laps of city and local government. The state governments’ hands are tied. Unfortunately, the smaller governments tend to have a much more narrow view of the situation, seeking to raise gains and find solutions for /their/ city, without much consideration for the surrounding areas.

Additionally, the main tool that state legislators could use to quickly build homes, is in direct opposition to a myriad of business and environmental interests. The C.E.Q.A (California’s governing environmental law), in many ways, prevents the building of new housing developments at any rate which would make an impact on the housing shortage.

So the question becomes… what can we do? Should we sacrifice environmental protection laws to lower housing costs? It is a question that has to be addressed, but with so many political influences and issues, most lawmakers won’t touch it.

And SoCal residents and home owners associations aren’t making it any easier. Many of these local governing bodies are in stark opposition of rapid development of housing- because that means that their neighborhoods would have to face the dreaded “D” word… Density.

Push-back from neighborhoods and suburban areas is obvious- no one wants to be crowded in, especially in the areas which are the most affected by the housing shortage (affluent coastal communities). So it seems as though lawmakers are blocked on all fronts.

Have Lawmakers given up?

This year, it seems as if state lawmakers have given up on dealing with the increasing housing cost. Little to no new solutions have been proposed, and those that have are not being passed through and put into place. The state is at a stand-still and lawmakers seem to take the “I guess we’ll just have to wait and see what happens” approach.

As litigation passes to increase the minimum wage to $15 an hour, many people believe that this increase will ease the burden on low and middle-income families and low for economic growth and eventually lead to a reduction in the housing shortage.

“Economists worry that if lawmakers don’t fix the housing supply problems, many of the state’s efforts to improve the lives of low-income residents will falter. Many legislators cited high housing costs as a reason to boost California’s minimum wage to $15 per hour over the next six years, but “‘unless something’s done to stem housing costs, much of that pay increase could be eaten up by higher rents, ‘Thornberg said.” (LA Times)

The Verdict?

SoCal is in a pickle, and with legislators openly admitting that the housing problem is not a priority for this year, the residents will have to pay the price. Housing costs in Los Angeles will continue to rise, unchecked, until newer, bigger ideas come into place which can put a stop to the vicious cycle of demand, lack of supply, and the overwhelming influence of special interests.

25
Feb

Time to Get Out of Real Estate

rt4Talk about exquisite timing.

Even today, a decade after the fact, the leveraged buyout of Equity Office Properties Trust remains one of the largest of all time: $36 billion for nearly 600 office buildings in New York, Washington D.C. and dozens of the nation’s largest cities.

But in late 2006, some wondered if the billionaire who sold the REIT was being a little rash. After all, the real estate boom was in full swing, and the S&P 500 was primed to hit new all-time highs. “Is he cashing out too early?” asked a Bloomberg headline when the deal was announced.

We all know the answer, of course.

Billionaire Sam Zell deftly sidestepped the coming real estate carnage. Then, with prices at generational lows a few years later, Zell bought hundreds of apartment complexes at dirt-cheap prices.

And today? Well, that’s the ominous part…

Once again, Zell is selling his real estate holdings. Last fall, he unloaded a quarter of his portfolio, buildings totaling about 23,000 rental apartments, to Starwood Capital Group for more than $5 billion.

Zell next sold off apartment buildings in South Florida and Denver, with complexes in Phoenix, Boston and other metro areas expected to be sold before the year is out.

“No one has ever accused me of not being a realist,” Zell told CNBC’s talking heads recently.

Reality Bites

Few things are more real than the threat of rising interest rates. Concerned about the Fed’s late-to-the-party threats and distorted capital markets drunk on years of zero-interest-rate policy, Zell is getting out while the getting is still good.

In the past few months, new-home sales hit their highest level in eight years. Pending home sales rose by the largest percentage gain in a decade.

Even home flipping is back in vogue again. RealtyTrac, measuring 2015 data, estimated a 75% increase in active home flippers – the highest since 2007.

Nationally, the average gross profit on a flipped home was $55,000 – the largest since 2006.

But for the realists like Zell, the widening cracks in the facade are plain to see.

For instance, apartment rent is starting to come down in New York and San Francisco – two of the hottest markets in the country. There is simply too much supply and not enough demand.

A few weeks ago, the head of the Federal Reserve Bank of Boston warned about overheated speculation in the commercial real estate market. “We care about potentially inflated commercial real estate prices,” said the bank’s president, Eric Rosengren, “because they might risk a bout of financial instability.”

Translated from “Fedspeak,” Rosengren was saying: Get out now.

Even those ultra ultraluxury homes in the $100 million and up range aren’t selling. It’s a rarefied market, for sure, but The New York Times recently noted that a record 27 properties, each with a nine-figure price tag, are languishing unsold on the market. According to figures kept by Christie’s International Real Estate, 19 such homes were on the market in 2015 and 12 in 2014.

Late last year, I wrote about one of those massive palazzos here in Florida – the beachside $159 million, 60,000 square foot Le Palais Royal. It’s still for sale.

Perhaps the extra gold leaf they painted on the front security gate will help.

Beware the Peak

I can’t see Sam Zell taking up residence in Le Palais Royal. But then again, he sold his office properties in 2006, and watched the market crack wide open a year later. Now he’s unloading his real estate portfolio again, so, who knows?

If history repeats, Zell just might find his next great distressed real estate bargains in the palatial homes of the (once) superrich – dazzling jewels of the “new” gilded age now past its prime.

18
Feb

How to Assess Any Real Estate With the Approaches to Value

rt3The valuation steps applied to create a supported conclusion of a defined value based on an analysis of applicable general and specific data. Assessment in creating an opinion of real estate value follows specific sets of processes that reflect 3 different methods. These include:

– Cost Method
– Direct Comparison Method
– Income Approach Method

One or more of these methods can be used in the assessment of real estate valuation. The methods to be used will rely almost entirely on the type of property being assessed or appraised; however may also factor in the use of the appraisal, the scope of work involved, and the data availability for the analysis.

Cost Method

The cost approach to assessment and appraisal is established by understanding the construction methodologies and property attributes related to cost. The cost approach is estimated by adding the cost of land to the current cost of construction related to all improvement on land, and subtracting depreciation in all improvements on the land. The construction costs of buildings would include a reproduction cost or a replacement cost of the same or similar like materials or systems. This approach works best when it used for the assessment of new or newer properties that are not frequently exchanged in the market. The actual costs are usually derived from cost estimator software, cost manuals, builders, and contractors. Note: The land would remain a separate value when using the cost approach.

Direct Comparison Approach

The direct comparison method to assessment of real estate is most useful when there is a large number of similar like properties that have recently transacted on the market or are currently listed on the market. Using this method, the assessment would come from identifying the subject with similar properties, called comparables (or comps). The sale prices that most identify with the subject would have a heavier weight on the value, oppose to one that is further from the subject characteristics. Most of the time the comparables would create a range of value, upon which; opinion must be used to find an exact value. Several elements or factors are used to qualify the degree of similarity between comparables and the subject. This would include: real property rights, financial terms, property conditions of the sale, post sale expenditures, location, market factors, physical characteristics, economic characteristics, use/zoning, non-real estate components of sale (chattels, fixtures). After the best comparables are set, a dollar figure or percentage is applied to the sale price of each property to estimate the hypothetical value of the subject. For instance comparable A has 1 more bathroom than the subject; therefore subtract $9000 from the comparable to hypothetically get the sale to reflect the same characteristic as the subject.

Income Approach

The income method to the assessment of real estate would be from an analysis of present value of the future benefits of property ownership. A property’s income and resale worth upon return may be capitalized into a current, lump-sum amount. There are two methods of the income approach; one is direct capitalization and the other yield capitalization. Direct capitalization is the relation between one year’s income and worth indicated by either a capitalization rate or an income multiplier.

12
Feb

Residential Log Cabins Offer Great Summer Fun

rt2Residential log cabins have become extremely popular lately. It seems that simplicity is making a comeback in an age of interconnected clutter. But what is it about residential log cabins that attracts so many people? For the majority of us, these cabins offer a vista into the world of minimalism. For any summer traveller looking to get away from it all, this is a perfect world to enter.

Enjoy nature inside and out

Whether it’s fishing, hunting, hiking or just enjoying the warm summer air, a residential log cabin will be where you want to go. It offers a pleasant retreat from the day’s activities, and when evening comes, you’ll love the wooden atmosphere as you settle in for the night. The natural interior makes you feel at home in a world where so much of living is manufactured. You have the perfect place to find peace from the constant noise and movement of modern day life. You can enjoy your world at a slower pace and make sure that you don’t miss a thing.

Summertime is, for most, the only chance we get to break outside of the workplace and drop into nature. Residential log cabins are the perfect place to spend long summer nights with those you love. They offer small, quaint style at an affordable rate, and they bring traditional class with a modern flare that you can customize. Most people love the rustic façade, but who’s to say the interior should follow suit? In a residential log cabin, you can feel free to add your personal touch and fulfil your wildest interior design dreams. Just peruse Pinterest for five minutes, and you’ll be swamped with brilliant décor ideas.

Holidays are better with a residential log cabin

Residential log cabins can make for a great destination holiday with cabins strewn all across Europe. But for those who might already own a good plot of land, building your own cabin won’t take too much trouble, either. Of course, if you aren’t up to the task of chopping your own logs, there are plenty of contracting companies who will survey your plot and build you your dream residential log cabin very quickly and at a fraction of the cost of a traditional brick and mortar house.

Do you have a tight holiday budget? Residential log cabins can be rented or bought, but neither option is going to break the bank. Unlike lavish country summer homes, residential log cabins offer just enough space for what you really need. Most cabins register in the range of 6m by 11m, though you can certainly find options larger or smaller in order to accommodate your needs. Residential log cabins are either fixed or mobile, but even the mobile models can fit four bedrooms, an en-suite, a lounge, a kitchen, and a dining room. More economical living quarters means more time together as friends and family and less time spent paying energy bills or cleaning the empty spare bedroom.

Making the right choice

With the demand for residential log cabins so high, the hard part is choosing what you want yours to look like. You can definitely opt for the traditional A-frame style, or you can take a modern twist and find something that is a little more elegant, striking, or charming. Some designs allow for plenty of natural light, allowing you to bask in the sunshine (which is the reason you took a summer holiday in the first place, right?), and others bring out the sights and sounds of the woods, making you feel as if you’re in the middle of a thicket.

Unlike the draughty old wooden homes of yesteryear, modern residential log cabins are built with your comfort in mind. Though the classic single-layer wooden wall is still available, those who want to live year-round in their cabins have the option to build them with a dual-layer wall, or “twin skin,” with up to 50mm of insulation between two wooden walls. This ensures a healthy, comfortable temperature no matter what the weather is like outside. And speaking of weather, Mother Nature can’t harm a well-built cabin as much as a traditional concrete structure. Residential log cabins are sustainable and durable through heat, snow or rain. Some traditionally built cabins have been standing for over 300 years. Talk about reliability!

Residential log cabins also require a fairly low amount of maintenance, which means that they will not demand too much of your time. You’ll be able to relax more often than you will have to work to keep your house in good shape. The natural strength of the wood protects it from the common elements far better than brick or concrete homes. Most residential log cabins call for limited preparatory maintenance just before winter, but beyond that, nature will not distract you from what you want to do most.

People who have the pleasure of owning and living in log cabins have described them as inviting and warming. Others have said that hey evoke peacefulness. For some it’s the smell of fresh perked coffee and baked bread that comes to mind whenever they’re inside. The other most appreciated feature is the ability to incorporate a truly personal decoration style ranging from very rustic to modern/contemporary. As for visitors who get to spend some time with their friends living in the woods, they compare it to paradise, and the proud owners agree as they could not imagine living anywhere else.

So many people love their residential log cabins, yet despite all the praise they get, these cabins seem to be one of the best kept secrets of summer fun. If you haven’t given much thought to the idea before today, now is the time to seize the opportunity and find yourself a summer residential log cabin. You never really know what it’s like to live, sleep, and dine in a cabin until you’ve experienced it first hand, and once you enjoy a few nights away from it all, you’ll have a tough time going back to reality.

3
Feb

Truck Door Magnetic Signs Why Would You Use Them

rt1You have probably seen truck door magnetic signs on real estate sign websites and used by other industries but you are wondering why in the heck you should use one. You have a nice vehicle and you don’t want to risk the magnet damaging it, you think it looks cheesy, or any number of other concerns about using them. Truck door magnetic signs though can play a big role in boosting your business.

Does It Look Cheesy?
Before we get down into the benefits of using truck door magnetic signs there is one question that needs to be answered: does it look cheesy? The answer to this question is relatively simple, not if you plan it right.

If you have ever seen a magnetic sign on a truck that looks cheesy it is probably because the sign was white while the truck was another color or some other obvious design flaw. When you order door magnetic signs that are made by professionals you will send them the color of your truck or car so that the sign will match your car. That way the sign looks a lot more natural on your car and you avoid looking cheesy.

Increasing Recognition
The major benefit of having truck door magnetic signs is that they increase the recognition of you and your vehicle. Current customers and new customers alike will be able to recognize your vehicle when you pull up to a location to meet them. This can be very helpful to shy or nervous customers who are standing by and waiting for someone that they haven’t meant before to arrive. They will immediately be able to identify you and rest easy.

Additional Advertising
There are always times when it is hard to sell a house whether it is because of the house itself, competition, a recession, or any other complication. Having additional advertising always helps when you hit times when it is hard to sell a house. It also helps any time. A truck door magnetic sign acts as additional advertising whenever it is on the door.

People will notice the signage on your truck or car door when it is parked or when you are driving. They will see it and if they are looking to buy or sell they might just write down your information. Parking your vehicle outside of a property during an open house will also provide visitors with additional signage and advertising and help encourage people to come in to see your listing.

What Should Be On It?
While there is no force standard for creating truck door magnetic signs there are some formatting and content tips that you can follow to make the most out of your space.

Your signage should include your name and contact information in a relatively easy to read font and size. The most notable of your contact information should be your phone number because it is the easiest thing for people to write down or remember. Then include your email address and/or web page in a smaller font.

Your truck door signage should be reminiscent of your agency’s real estate signs, that way they can be easily recognizable and they inspire that same brand recognition that your real estate sign does. Many companies have templates available for the major real estate companies.

No Damage
No one wants to damage their vehicles whether they are brand new or ten years old. When you use truck door magnetic signs you don’t need to worry about damaging them. As long as you keep the area under the signage clean with a rag or towel every time you apply it you won’t cause any damage to the vehicle. The signage can also be removed and reused as many times as you want, a magnet doesn’t go bad.