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Do you have a property you want to sell? There are a few technical terms and details that you should know before you do so. This will prevent you from being fooled and avoiding unpleasant surprises.

Of course, we will not go over the importance of calling on a broker or a real estate agency to manage the transaction. This will greatly facilitate the process. As you are the seller, it will be up to you to pay the commission.

So remember to compare the offers before choosing your provider. An agency will also help you find the right price at which to sell your property. What will allow you to derive a good real estate capital gain?

On this return guaranteed by your property’s sale, here is some additional information that you should know.

What is real estate capital gain?

It is important beforehand to come back to the definition of what is a “real estate capital gain” before dwelling on the details concerning the latter. What are the calculation methods? How to increase it, and to what kind of transaction does it apply? There are still quite a few questions these days.

The practical and technical definition of real estate capital gain

Real estate capital gain is only the income you get from the sale of your property. Put simply, it’s the difference between the purchase price and the selling price of your property.

This is valid for all real estate transactions: sale of the apartment, main residence, house, or land. The returns from selling a title to a property can even be qualified as real estate capital gains.

How to calculate it?

However, the math is not that simple. There is the selling price and the corrected selling price. You have to differentiate between the two. To find your real estate capital gain, you must deduct upstream the costs of maintenance and operation of the property and the costs of acquiring it from the sale price. For information, the maintenance costs peak at 7.5% of the net asking price that you have drawn. The real estate capital gain will be the difference.

Also, note that the notary fees and the commissions of the real estate brokerage agencies are not to be deducted from the property’s sale price in question.

Besides, in the context of the sale of a property after a donation, you do not have to pay any acquisition costs. In other words, except for maintenance costs, the sale price of said property constitutes a taxable real estate capital gain.

Optimizing your real estate capital gain: how to do it?

The real estate capital gain varies depending on the property and the owners. Several details can impact the returns of a property. This can be, among others, the location, size, valuation, and proper maintenance, the DPE, and the result of other diagnoses, etc. It is possible to optimize your residence’s real estate value by having some work done, for example, or by increasing the living area in the latter.

The presentation techniques of said property can also impact its market value and, therefore, on your real estate capital gain. Photos and advertisements must be taken care of to attract more visitors and get a better price per m2.

The confinement in our homes looks like it will take longer than we imagined. Do you really think you can afford the luxury of standing all this time? It is clear that with the offices closed, the work of a real estate agent becomes a little more complicated (even more so if we have children around the house running all day from one side to the other).

We all agree that the work of a real estate agent becomes complicated without being able to leave the house, but that does not mean that there are no steps that you can comfortably advance from your office (or from your living room, or from the kitchen or even from the bedroom).

The power of digitization

There is nothing like the warmth of a face-to-face meeting. Those live reactions, that closeness … Hardly a machine will be able to cover all those unique facets of face-to-face communication; however, today, technology allows us to be very close to it. 

It is clear that we still have a lot to learn, but if we have been able to adapt our work techniques to the current circumstances, we are sure that you can also do it. 

Multimedia content is king

If you have not yet opted for these tools, we strongly recommend that you start doing so. In such a globalized society, property buyers do not always reside in the same locality where the home for sale is located.

In these cases, buyers have the possibility of making a first visit to the desired home without having to leave the sofa, allows them to be much more qualified when they finally contact you. 

For this, you can make use of virtual tours, facetime guided tours, sky, and even 360º videos. 

Imagine how useful these tools can be at a time like today when face-to-face visits to buildings become impossible. 

It is not time to sell; it is time to learn (and learn)

A real estate agent should work to become a reference in your area for the sale of real estate. Are your website and blog adapted so that buyers and sellers in your area can find useful information to carry out their buying and selling processes?

During these days, the pace of lead creation will be lower, but visits to your content pages will be key at a time when the only available way for users to advance in their buying and selling process is to get informed.

Keep up your activity; don’t stop!

Monotony and inactivity are bad companions in a quarantined state. Set schedules: work, cleaning the home, playing with the children … You don’t have to be strict either, but if you don’t set some guidelines, you will end up all day lying on the mobile sofa in hand.

Perhaps it is time to read that book that you have always wanted but have never found time to do, try new cooking recipes, and even become fond of doing an activity like yoga or pilates.

Take care and take care of yours

The day one after the coronavirus is going to be a time trial wagon in which you will have to close all those efforts that you have been forced to postpone because of the confinement. The better the physical and mental health with which you arrive at that moment, the better will be your ability to be able to solve all those delayed problems.

For the moment, it seems difficult to know what face the real estate market will have at the end of the confinement. However, real estate professionals already have several scenarios in mind. What trends are emerging after confinement? What impact will the health crisis have on property prices? Here are some possible leads according to different experts.

Maintained real estate projects

“63% of people had a real estate project before the COVID crisis19, and 57% are maintaining it while making it evolve,” reveals the latest study by real estate developer, published in late April. Another recent study of the real estate ad site supports this trend: “The candidates for the purchase of property remain positive despite the Covid-19 crisis. And 70% of them remain confident about the realization of their project in the next six months, and plan to resume it by the summer.” Despite everything, the experts put forward behavioral changes.

The will to go green emerges.

The first trend that seems to be emerging is a desire (need?) For city dwellers to acquire property “quiet and close to nature” for one in three according to the study. “And 17% now believe that the proximity of the accommodation to their workplace is less important”, according to the study. “City dwellers, who have experienced confinement in their small apartment, will want a house with a garden. One could even imagine that the second house, in a city accessible a few hours by TGV, is the big winner in the real estate market after confinement”.

The rental market could farewell

Another big trend: “an explosion in the rental market.” Indeed, it would seem that this option could appeal to a certain number of people. “The summer holidays are approaching, and the people know that they will certainly have to stay at home. They will look for a house with a garden, or even a swimming pool, depending on the geographic area, to meet up with family or friends. Seasonal rentals should be very popular.”

Accelerating the digitization of visits

Real estate agents are already preparing for the recovery. Some have maintained regular contact with their clients during confinement. Virtual tours have taken place. “For the profession, there will necessarily be an acceleration of digitalization. Currently, it is already possible to visit a property virtually. It is a pre-visit which allows good visibility of the property. Another device that we are going to put in place after confinement is the “live visit”. The real estate agent will be in the house or apartment, and visitors on the other side of their screen. This proposal corresponded to 25% of our offer, today I can tell you that it will concern more than half of the post-decontainment visits”, he indicates.

What trends in rates for home loans?

The banks, which had already started to tighten the conditions of access to a mortgage before the spread of the coronavirus should accentuate this tendency to the resumption of activity. Several factors can nevertheless play in favor of a moderate increase: the monetary policy conducted by the European Central Bank if it were to keep key rates at a very low level in the coming months. Banks should make a special effort to restart their activity. And mortgage loans remain the main product of appeal for banking establishments.

The professional card of a real estate agent is the precious sesame allowing you to exercise your activity legally. Who can apply for this professional card, and under what conditions? What are the procedures for obtaining it, and from which institution? What types of activities does it regulate?

Here is all you need to know to apply for (and obtain) the professional card and thus open your real estate agency in 5 practical questions!

1. Why is the professional real estate agent card essential?

If you aim to exercise any real estate activity (transactions, rental management, co-ownership property manager, etc.), you are required to obtain this professional card issued by the local Chamber of Commerce and Industry. This is because it allows professionals to justify their skills in real estate. It is a constraint imposed by the Hoguet law of January 1970, which governs this activity.

The card given to the real estate agent has a number and a place of delivery, two pieces of information that must appear on all the documents issued by the agency in the context of its activity (mandates, contracts, correspondence, etc.).

2. Who can apply for the professional card, and under what conditions?

Any natural or legal person with training or experience in the real estate field can make a request to obtain a professional card.

If you have taken the training, you must present:

• A State diploma of a level equal to or greater than three years of study after the Bac, obtained in the legal, economic or commercial fields, issued by a university or by a higher education school;
• A DUT or BTS diploma with real estate specialization or management accounting;
• A diploma issued by the Institute of Economic and Legal Studies Applied to Construction and Housing.

By way of professional experience, you must justify:

• With the Bac in the pocket, or a diploma or equivalent level: 4 years of experience as a full-time employee under the control of a professional card holder, or in an activity (public or private) relating to real estate or management transactions, or even in an HLM organization.
• Without the Bac and without an equivalent diploma: 10 years of experience under the same conditions.

So that the professional card of real estate agent testifies to his aptitudes and his skills in the matter. These are the conditions to be fulfilled to obtain it.

3. What real estate activities does it regulate?

The professional card is compulsory for:

• The real estate agents who want to support transactions  (purchase, sale, lease, sublease, rent, bare rentals or furnished properties built or unbuilt, transactions related to business): the map then labeled “T. “
• Property managers  (mention “G”).
• The co-ownership trustees  (“S” mention).

It is also essential for the activities carried out by the merchants of lists, as well as for tourist services and services. Note that the mention “Merchant of lists” is exclusive of the others, that is to say, that it is not possible to combine it with other activities. The professional real estate agent card allows him to exercise one or more of these activities legally.

4. How to obtain the professional card of a real estate agent?

The professional real estate agent card is obtained by filing a request with the Territorial Chamber of Commerce and Industry. The applicant must collect the following supporting documents:

• A diploma attesting to training in the field of real estate and / or a certificate of professional experience;
• An extract from the criminal record ( bulletin n ° 2 ) attesting to the absence of prohibition or incapacity to practice;
• A professional liability insurance certificate;
• A financial guarantee certificate;
• An extract Kor Kbis attesting to the registration of the company in the Trade and Companies Register, dated less than a month (to be requested from the relevant registry ).

5. How long is it valid?

The professional real estate agent’s card is valid for three years, as stipulated by decree n ° 2015-702 dated June 19, 2015. In the past, this period was ten years.

Once the period of 3 years has expired, the professional card of a real estate agent must be the subject of a renewal request to the CCI.

If you are paying a mortgage or you are going to apply for one, this article interests you. And it is that today, we are going to analyze what compensates more, to amortize a quota or mortgage term. In addition, we are going to analyze it from several points of view, from the economic point of view and from a period of time, such as the monthly terms.

Amortize mortgage installment or term: which is more profitable?

Money is a limited resource that you have to know how to manage to get the most out of it. However, it is more difficult for some people, especially for all those who have to face a mortgage every month. And as you well know, banks do not forgive anyone, and we must face this payment if we do not want to lose our property.

The bad thing is that unless we have a good job or economic situation, facing a monthly amount equivalent or similar to the payment of a rental reduces our economic possibilities. For this reason, if you have money saved and you want to face the mortgage, you should ask yourself if it pays you more to face the payment of a few months or directly pay part of the fee you pay each month.

Profitability And Efficiency

Think that your situation is not the same as that of the rest of the people and depending on factors such as the total payment of your mortgage, the time you have left to pay it off, your financial situation and the terms to pay the final result will be different.

Therefore, you must discover which option is the most suitable. As a general rule, facing the term of a mortgage is more economically convenient than lowering the installment. The reason is simple, and you save more interest since by reducing the repayment time the loan can be repaid in a shorter-term and thus avoid paying less interest, so the savings are higher. This means that you have to choose well when and how we do the partial amortization of the mortgage since most of these bank loans tend to pay more interest in the first period or half of the term.

In other words, if we want to pay off the mortgage and it has a French settlement system, it pays us more to pay it off during the first years of it.

On the other hand, if you have another form of settlement, it will not matter that we take more time since it will compensate us for doing it later as we are not so affected by the payment of interest.

Total Or Partial Amortization Of The Mortgage

Apart from the payment of interest, we must ask ourselves if we are interested in amortizing in full, lucky those, or if it compensates us to do it partially. We tell you this because if you want to fully pay off your mortgage you have other good news, you can still access a tax break.

Of course, it is not for everyone. If you just applied for the mortgage a couple of years ago, you cannot take advantage of this tax reduction. This means that in the best of cases you can deduct up to 15 for what is paid per year for the loan with the sum of the capital advances and the payment of the installments.

When it comes to deciding where to invest in real estate, there are a lot of places you could choose. This article will give you a few ideas you may not have thought of before, and one that may shock you!

When new investors are first starting out, they almost always start investing in their own hometown – their backyard, so to speak. There’s nothing wrong with this, and it’s really quite natural. After all, why not invest in neighborhoods and communities you are familiar with? this helps keep the initial learning curve from being any steeper than it already is.

Not only that, but when you first start out, you really should look at a lot of properties – hundreds even – and that’s obviously much easier if you only need to drive over a couple of streets, instead of a couple of states!

For those investors with a little more experience under their belts, spreading their wings is a real possibility, and presents several opportunities not available to the real estate investor who only invests in his own hometown. One such opportunity is vacation property.

You may not live in a tourist mecca, so if you want to buy vacation property – like beach or mountain real estate – you may have little choice but to go outside your own familiar terrain. Fear not, though. Get the right kind of help, like trustworthy Realtors and property managers, and buying property in a distant city or town doesn’t need to be a problem. There’s tons of money to be made to. Why not consider vacation property for your next investment?

Another possibility is choosing an investment city or town based on a high probability of success. For instance, why not invest in a city where real estate is less expensive and more readily available than it is in your town?

Here’s an example… many investors in expensive areas like Southern California or Connecticut look at smaller, second-tier cities like Rochester NY, or Greenville SC. That’s right, I said Rochester NY! Real estate in Rochester NY has actually become very popular with investors from every state, and many other countries as well.

Why? Because Rochester, and cities like it, have low real estate prices, so the cost of entry is accessible for lots of investors. Rochester also has a stable economy, with plenty of high-quality jobs, and excellent schools, all of which attracts a ton of potential tenants for your rental properties. I personally know investors from as far away as Ireland and Australia who come to Rochester just to invest in the residential real estate!

So, as you can see, it’s a great idea for a new investor to start investing in their own hometown. You just don’t need to get stuck there forever. There are many other opportunities out there – like vacation property and second-tier cities – and some of them will even surprise you. Happy investing!

Raw Land, commercial buildings, residential buildings, apartments, and others are real estate investment properties. Investments on Real Estate are one of the most profitable companies today. The most common possession of entrepreneurs who have made it big in the market is manufacturing facilities, large commercial areas, multi-unit buildings, and offices. These are qualities that wealthy people take part in making an investment.

They should be motivating enough why you, as a trader, should take part in commercial real estate investment too. Commercial resources provide you with a more significant amount of earnings than what residential investments provide you with. This is because of the larger lease expenses and the quick conversion of renters. And, commercial investments offer you a larger Land of focus on audience. Clients are adequate in this market because of the quickly increasing number of companies and prospective buyers.

However, you need to consider some aspects that would have an important effect on your time and money on commercial qualities.

First, you should evaluate the state of the economic system such as the career rate, earnings, and customer buying power. It should be with consideration considered since it is one of the evaluations of an effective investment. Also, this would provide the idea of how to deal with the problems since, after the assessment; you can now plan for future adversities you may be experiencing.

Location and the surroundings are also the things to consider for a commercial real estate investment. These are aspects that immediate the result of the company investment. The commercial residence function would be shown from its position and atmosphere.

So, if you are thinking of searching for a commercial space, you have to look for a position near schools, shopping centers, and Hotels & Resorts. Because this is one of the best a feature that is a growing commercial residence would have. Aside from the position, the protection and security of the renters should be a concern too. Even you don’t want a position full of criminal offenses right? So, you must see to it that you fulfill them and surpass their objectives. Have a practical, available, comfortable, and protected position to neglect them.

And, commercial real estate investment includes big money. So, it is recommended that you are very well aware of your price range. Spend money on a residence that would fit and coordinate your price range.

As a summary, commercial real estate is very profitable investments. However, there is still a need for effort, tolerance, dedication, dedication, and the desire to learn. Because without these characteristics, even a tactically great position or economic system would not be the reasons for a very effective investment project.

The perfect home is out there somewhere. Utilize the many websites and you will find that there are many more houses available on the industry than what you find in your regional press. With a while invested on the internet looking through many different websites, you are sure to find the one that is perfect for you.

One essential tip when it comes to property is to go to as many open houses as you are able to – even for houses that you think you would not be enthusiastic about. This is essential because you might obtain some home tracking information or guidelines that you would not have discovered otherwise. Also, the internet ads may be misleading, and you might find that the home is awesome after all.

Keep in mind that when you get in touch with the broker who did the record to demonstrate you a home you might be enthusiastic about purchasing that the broker may consider himself as your broker. If you go through and put an offer on that home with another broker, the unique one will want to put declare on you. So always be sure to have your own broker set up sessions to prevent a difficult scenario later on.

Once you know exactly what you can invest, you can begin looking for a new home to buy. To find a broker to help you, use suggestions from buddies, perform some discussions, and find someone that is not too tricky and really seems to be on the same web page as you are.

Make sure you recover your investment expenses. If you are preparing on buying a home, make sure you find somewhere that you plan to remain for at least 3 to 5 decades. This way you will develop up value in the home and recover any wind turbine expenses. Also, be sure to remain within your price range.

If you are looking to buy a home, it is recommended that you get a broker that symbolizes you and you alone. While it helps you to preserve cash to use the vendor’s broker, they were not employed to help you in the procedure and have a financial allegiance towards the supplier. Take plenty of a chance to find someone that will battle for what you want.

It’s all about making the right choice as a property customer. If you’re nearing purchasing without the right details about the industry, you could end up dropping profits in lots of different ways. Use the guidelines that you have just discovered here, to make sure that you buy the best property available.