Real Estate Agent

Real Estate means real property consisting of houses and land. It is a legal term that covers land along with anything permanently affixed to the land, such as buildings, specifically property that is stationary, or fixed in location. The Indian real estate sector plays a significant role in the country’s economy. Five per cent of the country's gross domestic product is contributed to by the housing sector. The real estate sector is also responsible for the development of over 250 ancillary industries such as cement, steel, paints etc.

A real estate investment is describes as the commitment of funds by an individual with a view to preserving and increasing capital and earning a profit. To own real estate is not only to posses the physical property but also to require certain legal rights to its continual peaceful utilization and redistribution. A traditional real estate investment is essentially a closed-end find created exclusively for holding real properties.

Real estate investors, either directly or indirectly, purchase rights to a stream of future cash flows that are expected to be generated by real estate. The cash flow might come from the rental income, from cash savings through offsetting otherwise taxable income with tax-deductible losses from the real property interest, or from net profit from resale of the property interest.

The primary reason in investing the real estate is the preservation and the possible enhancement of the capital invested. The capital value of the investment is preserved or increased by appreciation. A real estate investment may build up additional equity for its owner through reduction of the mortgage debt. One of the most important benefit of investing the real estate is the ability to reuse the capital through periodic, tax-free refinancing, while at the same time preserving the value of the investment.

All investors in the real estate seek a profit they invest. Before committing any funds, an investor should analyze carefully the returns available opportunities other than the purchase of real estate.

Real Estate & Construction Slowdowns Affecting the Living Community

There is no getting away from the real estate. We farm on it, live on it, work on it, build on it, fly away from and return to it and ultimately buried in it. No one question the importance or real estate in our lives. The industrial and commercial activities of our nation are completely dependent upon the land and its natural resources for their very existence.

Many of us are involved either directly or indirectly in some activity concerning real estate. Millions of people are engaged directly in the construction activities with literally millions more provided them with the materials and peripheral services essential to their work. The construction industry is vital to our country's economic well being and thus is important in real estate finance. Any changes in it soon effect everyone in the living community.

The construction slowdowns results in layoff and cutback while increased activities stimulates production and services in the many areas associated with the industry. First of all the construction slowdowns hits residential builders, than work also slowed in nearly every other sector as well including commercial and industrial constructions. The construction slowdowns pushed new land development onto the back burner and caused homebuilders to halt new construction.

The real estate sector at present employs about one million people. According to the labor force survey(LFS) in 1999-2000, 2.1 percent of the labor was engaged in the construction, whereas for 19995-1996 it was 1.8 percent. Recent information concerning investment in the housing sector shows steady growth both in absolute terms and as a percentage of total private investment. Private investment in housing and construction has more than double during the forth five year plan period. During the first three years of fifth five year plan period, the average investment in middle, and low-income people since the past two decades in providing the housing provision.

What do Home Buyers Want From Their Real Estate Agent

If you are purchasing real estate, this is a huge investment. In fact, it's one of the largest one's you'll ever make. Home buyers who buy multi-million dollar homes are typically self-made millionaires with new money.Today, without a real estate agent you cant be able to judge the real estate market.

Home buyers require their real estate agents to be equipped with special skills who could help them and guide them properly while buying a home. The top most need of home buyers about his real estate agent is his privacy and confidentiality. You always want that your real estate agent is loyal to you. The luxury customers also want their real estate agents to exercise discretion while dealing with their multi-million dollar transactions.

According to t he analysis, about 70% of the customers want that their real estate agents offers them customized services and rest of the 40% home buyers want that their real estate agents have good network and work relationship with executive assistants and attorneys. They must have a great education. You must make sure that they went through the they went through state approved classes and that they have been educated on the legal aspects of being a good agent.

Quality knowledge is a very important thing to look for in a great real estate agent because they should know the market that they are working in as well as where that market is going. The agent you choose should also come up with the top notch resources.

Home buyers also want their agents to know the inside scoop on the real estate market. One of the necessary skills for real estate agent working with affluent customers was the ability to provide emotional support to their clients.