As a homeowner, in a changing market it is important to know your home’s value. The value of your home is dependent on many different factors, some in your control and some out of your control. Factors that are out of your control in determining the value of your home include supply and demand, market conditions, interest rates, and the economy. Other factors in which you have some control over include, location, style, size, condition and amenities of your home. To determine the value of your home a market analysis can be conducted.What is a Real Estate Market Analysis?
A Real Estate Market Analysis is a report of current and past market activity comparing your home with other similar homes in your area. The analysis enables you to easily compare the features of your home with others and to determine the best pricing strategy for the market.Why get a Real Estate Market Analysis?A Market Analysis is a very handy tool to use in a number of different situations:1. Are you considering selling your home?2. Have you invested or thinking of investing money in your home with expensive renovations and improvements and want to know if the value of your home has increased or will increase to reflect the changes?3. Have the changes in the real estate market made you uneasy about the value of your home?
If you answered yes to any of these questions then you should have a Market Analysis completed on your home.Who conducts Real Estate Market Analysis?The best person to conduct a Market Analysis on your home for you would be a licensed real estate agent who is familiar and lives in and or does business in your neighborhood. In order to produce an effective market analysis the agent would need a tour of your home and know specific details of your home. Some basic questions they will need to know include:1. Style of home (i.e., Ranch, Colonial etc)
2. Number of Bedrooms
3. Number of Kitchens / Eat in Kitchen
4. Number of Bathrooms
5. Dining Room
6. Living Room/Den/Family Room
7. Basement – Finished or Unfinished
8. Size of lotBased off of the information on your home they will assess your neighborhood and compare similar homes in your neighborhood with houses currently on the market, recently sold or expired from the market. Based off the information they will compute the best pricing strategy for your home.Most agents do not charge a fee for this service. They conduct the analysis as a courteous in hopes of getting your listing in the event you choose to sell your home. If you own a home call a local real estate agent and have a market analysis completed on your home today!
Tag Archives: Marketing
Raise Capital With Private Investors
If you have launched your own startup, your first biggest challenge is to raise capital. Fortunately, you choose from a lot of options to raise the funds your business needs. Among all the sources, crowdfunding is one of the best ones as it helps redefine how startups can get off the ground. In this article, we are going to help you know the benefits of raising capital with private investors through a crowdfunding platform. Read on to find out more.
Benefits of raising capital with private investors
1. Funding is not equity-based
First of all, crowdfunding is not necessarily equity-based. Although startups have the liberty to use the equity in order to catch the attention of potential investors, It’s not required to give up ownership to collect capital.
The good news is that some platforms allow their members to apply a reward-oriented approach in order to raise capital. For instance, if your business deals in a specific product, make sure you hand over a few units to your prospective investors before you roll it out for the ultimate users.
2. Attracting potential investors is easy
With crowdfunding, you can attract a lot of potential investors without putting in a lot of effort. Although you can try for angel investors, keep in mind that this process can cost you a lot of time. The reason is that you will have to pitch your small business concept several times.
On the other hand, if you use a crowdfunding platform, you will have to post your business pitch in only one place. And this page will be ready by hundreds of investors from across the globe.
These platforms have a lot of useful features that may help startups collect funds from investors. So, attracting potential investors and raising capital will be much easier using crowdfunding platforms.
3. Higher visibility
Crowdfunding can help you make your startup more visible. Since marketing may consume a large chunk of your budget, it makes sense to use a crowdfunding platform instead. For potential investors, it’s easy to fund a crowdfunding campaign.
And these activities can help boost the visibility of your brand. Plus, you can also attract investors for your next funding rounds.
The Bottom Line
If you want to raise funds for your startup, crowdfunding can be the best choice. All you need to do is become part of a crowdfunding platform and you will be able to tap into the pool of potential investors. And this will help you kick start your business and make it a success in the industry.