»Real estate – Rental sector« 1. Real Estate Market in Germany: The real estate industry is one of the largest sectors of the German economy. More than 700‚000 German companies are active in the real estate industry and employ around 3.8 million people‚ comprising 22% share of all businesses and 10% of Germany’s workforce. The gross value added of the real estate economy totaled 406 billion € in 2007‚ which equals a share of 18.7% of Germany’s gross value added. Housing and residential buildings
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REAL ESTATE EVALUATION Concepts and definitions 1.Real estate market Real estate market plays a determinative role in every country’s economy since it is the most important asset in every citizen’s portfolio. Although real estate represents only a small percentage of G.D.P.‚ it supports the economy and significantly affects macroeconomic indexes such us consumption and investment. 1.1Characteristics of the real estate market Real estate is considered to be a very heterogeneous product with
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Real Estate is a growing force in our world today and as the world expands‚ so does real estate opportunities. It is an occupation in which a person has to dedicate all of their time to as well as requires every minute of free time a person has to work with clients and other co workers. Real Estate Agents have to be good at timing. It is all made up from a daily schedule that they must follow to get the appointments finished. This occupation requires a hard working‚ steady‚ and patient person. A
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Bangalore Real Estate Scenario Bangalore City also known as “Bengaluru” has seen an unprecedented growth in the last few years. Considered the IT/ITES capital of India due to its position as the country’s leading exporter of IT/ITES products and services‚ Bangalore is widely referred to as the “silicon valley of India”. It is thus the most favored destination for IT and ITES companies which in turn are the highest contributors to the ever-growing Bangalore Real Estate market. Capital of the southern
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Company Overview Management Team Career Company Profile: Navana Real Estate Ltd. (NREL) was formed in late 1996 under the Chairmanship of Mr. Shafiul Islam Kamal to cater the boom in Real Estate Development in Bangladesh. NREL within a short span of time turned out as one of the most trusted company in this sector and has already been working in various numbers of apartments‚ commercial and land projects. The motto of NREL is not only to deliver apartment or land ahead of schedule but also to maintain
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Marketing in Real Estate Tying-up Loose Ends of Traditional Marketing with Relationship Marketing “Marketing is not a function; it is a way of doing business . . . marketing has to be all pervasive‚ part of everyone’s job description‚ from the receptionist to the board of directors.” - Regis McKenna‚ Marketing Consultant‚ Silicon Valley Perhaps the oldest business in the history of mankind is real estate. A man’s wealth was measured in terms of number of cattle and amount of land he owned. Then
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interview‚ but after getting turned down from a couple agents turns out that my friends real estate agent is one of the best and well know respected person at what he does‚ his name is Ludyn Tijerino. Mr. Tijerino works for an agency called Approved 4 keys. I was able to get in contact with this person through a favor done from my friend. My overall assessment of this interview is that it turns out that in the real estate business there is more to it than what I had imagine. Many of the questions that I
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A Career in Real Estate In California real estate agents make between $22‚430 and $97‚320 annually‚ the average being $52‚280 ("Real Estate Sales Agents"). This is a pretty good amount of money considering the average American makes $42‚693 a year (“Per Capita Personal Income by State”). Real estate is anything but average‚ since agents are paid on commission. How you perform and how well you network will determine a lot of things in real estate such as your income. As long as you ’re actually selling
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FIN 331 Final Exam Study Guide 10/15/13 6:34 PM Intro to Real Estate & Time Value of Money • • • Mortgage – a loan you get to buy to piece of property where the property serves as collateral Equity – the amount of your money in the property Down payment – a one time name for your equity o House $150‚000 Mortgage - 120‚000 Equity 30‚000 à Down payment 30‚000 ÷ 150.000 = 20% **What banks like to see • • As you pay off your mortgage‚ your equity goes up LTV (loan to value)
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FINANCING Learning Objectives: 1. Sources of Financing 2. Types of loans 3. Loan Terms 4. Underwriting 5. Traditional Third Party Financing 6. Non-Traditional Third Party Financing 7. Application to a residential real estate investment OUTLINE 1. Sources of Financing a. Primary and Secondary Markets i. The Primary Market: This is where the loan is originated. When you are ready to buy your house‚ you either contact a lender (at a bank or credit union) or a mortgage broker to
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