Bulvds’ Post

Over 90% of real estate business owners struggle to sell their properties (as per JLL India) The main reason for this is that they fail to conduct proper research and due diligence. Over my 10 year journey in real estate, I have had countless conversations with buyers and developers, and it’s made one thing clear - you can't sell what people don't want. Building a product based solely on your own preferences is a recipe for disaster. This is why market research is essential, it helps you understand what your target audience wants. But why is market research so important? → Proper market research upfront  By decoding buyer demands, you can craft offerings that resonate deeply, practically guaranteeing sales. Doing your research well helps you do exactly that. → Uncovering hidden features In-depth R&D reveals the most sought-after property specs, features, and sizes in your area. Often, it gets out features and strategies you may not even have thought of. →  Understanding the market Understanding demand and your consumers well lets you deliver projects that resonate, almost guaranteeing sales. Not just this, it increases consumer satisfaction, which in turn improves your relationship with your clients. → Avoiding costly mistakes When you research upfront, it saves you the burden and cost of building undesirable properties. This increases your profits. The game has changed. Market research isn't just an option anymore - it's an absolute necessity to survive and thrive. Don't fall into the trap of developing properties based on personal preferences alone. Over the years, I've witnessed countless projects falter from skipping this crucial step. They end up letting their personal bias and opinions interfere and oftentimes, build on a land they assume will attract their ideal customers only to be disappointed. But I've also seen smart developers leverage research to their advantage, crafting irresistible offerings that sell like hotcakes. So ask yourself - are you building what buyers need, or just what you assume they want? The choice is yours, but the market always has the final say. What do you think is the biggest hurdle in real estate market research? #marketresearch #realestatebusiness

The way we manage properties is evolving. According to a 2023 NMHC report, 76% of renters prioritize convenience as a key factor in choosing where to live. It’s not just about maintaining the property anymore; residents expect services that simplify their lives, like on-demand cleaning, food/grocery delivery, and handyman services. Property managers can not only meet these expectations but also tap into new revenue streams. The rise of PropTech is reshaping operations. A 2023 Zillow Rental Market report shows that 58% of renters expect digital tools for managing services like maintenance and package handling. By using these platforms, property managers can streamline tasks, improve communication, and boost efficiency by over 40%, this automation allows managers to focus more on enhancing tenant experiences, creating a seamless living environment that reduces churn and fosters long-term tenant loyalty. #RealEstateInnovation #PropertyManagement #UrbanLiving #RevenueGrowth #OnDemandServices #TenantSatisfaction #PropertyManagers

Here’s a concise list of essential and unique features for a real estate website: Interactive Map Search: Users can explore properties visually with pins on a dynamic map. 1. Advanced Filtering: Filters for price, location, property type, and more for precise searches. 2. Virtual Tours and High-Resolution Images: Offer immersive property views with 360-degree tours and detailed photos. 3. Detailed Floor Plans: Visual layouts help users understand the property's space and design. 4. Neighborhood Guides: Information on local amenities, schools, parks, and public transport. 5. Mortgage Calculator: Helps users estimate payments based on property price and loan terms. 6. Closing Cost Estimator: Provides a breakdown of potential additional costs. 7. User Reviews and Testimonials: Builds trust with real feedback from past clients. 8. Social Media Integration: Easy sharing of listings on platforms like Facebook and Instagram. 9. AI-Powered Chatbot: Provides instant answers to common questions, enhancing user experience. Heres my recent real estate website with all of this functionalities. Heres the link : https://lnkd.in/gPpKtxET My Portfolio : https://mdmamun.xyz/

✅ Technology is continuing to reshape traditional methods in the real estate industry, especially with the adoption of the virtual brokerage model, as demonstrated by eXp Realty. ✅ Virtual brokerages offer a method to scale businesses without significant financial implications due to the lowered overhead costs, attendance flexibility, and increased efficiency. ✅ Virtual tours have evolved the property-viewing experience giving potential buyers a realistic, 24/7 viewing opportunity, increasing accessibility and convenience. The article analyses advances in the real estate sector, featuring the remarkable rise of virtual brokerages such as eXp Realty. Technological innovations like the virtual brokerage model transform traditional real estate practices into more flexible, efficient, and financially sensible operations. Instead of a physical, administrative, staff-filled office, virtual brokerages run lean, client-focused teams. This alteration makes it easier to adapt to market changes without immense fiscal consequences. Another major transformation in the real estate field is the popular utilization of virtual property tours. Potential buyers can enjoy a detailed, realistic, and unhampered viewing experience around the clock. Not void of human touch, but only more advanced, accessible, and efficient, blending the perfect mix of human and technological elements, the evolution of the real estate market shows promising signs for both buyers and sellers alike. Contact me for more information on eXp Realty. 🏡🌐

🌆💡 Let's dive into the Real Estate market in the United States - it's like watching a city skyline evolve with urbanization trends reshaping the landscape! ✨ **Customer Preferences**: Demand for housing is soaring with more eco-conscious buyers opting for sustainable homes that charm both visually and environmentally. ✨ **Market Trends**: Urban migration is driving the development of high-rise living and mixed-use spaces blending living, working, and shopping - a city dweller's dream! ✨ **Investment Insights**: Real Estate Investment Trusts (REITs) are democratizing property investment, opening doors for a diverse range of investors to participate in the market. ✨ **Local Charm**: From single-family homes to luxury condos, the US market offers a melting pot of property types to suit every taste and budget. ✨ **Macro Impact**: Government regulations and a robust economy with low interest rates are fueling the market's growth, empowering buyers and investors alike. Curious to explore how these factors shape the Real Estate landscape further? Dive into the details for a deep understanding! https://lnkd.in/e-4uCpkY

<𝐈𝐧𝐭𝐫𝐢𝐧𝐬𝐢𝐜 𝐯𝐚𝐥𝐮𝐞 𝐨𝐟 𝐚𝐧 𝐨𝐥𝐝𝐞𝐫 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲> Throwback to highlight an especially meaningful deal a couple of months back. (Picture with my happy cobroke) The question then, would be, why would I choose to highlight this deal? Out of many various ones in 2024 thus far. Read on as I do my best to share more. 1/ 𝗧𝗵𝗲 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁 - the market we have all set foot in has transformed into a different animal in recent years, post covid in particular. - Marketing tactics, agent aggressiveness and even developer strategy have guided purchase behaviour and seemingly normalised higher prices for newer, yet smaller real estate units in the country - of course new vs older products have different growth patterns. Thus, their suitability, sufficiency or affordability to the masses or the average Singaporean upgrader family, is really subject to their own requirements and financial capabilities. 2/ 𝗧𝗵𝗲 𝗖𝗹𝗶𝗲𝗻𝘁𝘀 - my buyers based on what I mentioned in point 1, do happen to fall under a profile that required larger space, yet prefer not to exceed a certain budget to accommodate their space requirements. The question would then be, would they have to give up on other crucial factors like location or investment potential then? 3/ 𝗧𝗵𝗲 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 - To answer point 2, no they did not have to. In fact we managed to secure a super rare large floor plate layout, below valuation in a freehold development, just a 5 mins walk away from an MRT interchange, major malls and within 1km to a good school. 4/ 𝗧𝗵𝗲 𝗠𝗲𝘁𝗵𝗼𝗱 (𝗛𝗼𝘄 𝗱𝗶𝗱 𝘄𝗲 𝗱𝗼 𝗶𝘁?) - The intrinsic or hidden value of a property is often overlooked when we search for a home. Many purchases are pivoted based on a singular approach of recent information, return on investment concepts and more often than not, emotional factors. Truth be told, this particular project may not even appeal to buyers on first glance with the original listing price and perceived outlook. However, upon deep diving into comprehensive data and less obvious factors, the future upside and government plans were made apparent. 5/ 𝗖𝗹𝗶𝗲𝗻𝘁 𝗦𝗮𝘁𝗶𝘀𝗳𝗮𝗰𝘁𝗶𝗼𝗻 - Client Happiness is truly a byproduct of the result of our efforts. Contrary to popular belief, there is really no one size fits all in real estate. I always get questions about whether a particular product is a good buy or must buy to go for. If I could summarize everything into a single piece of advice, it would be the saying that one man’s meat is another man’s poison Of course, a disclaimer that the above is just my two cents worth. If you would like to embark on your own real estate journey, feel free to hit me up for a non-obligatory in depth discussion. Always available at 96654897 📞 #Assetprogression #EdmundOngDivision #EdmundOngRealEstate #homediscovery #yourhomeourjourney

The rental market is going crazy! 🤪 65% of properties placed on the rental market are being snapped up by renters within a week of being listed, with 15% being let within just three days, according to the latest Dataloft poll of subscribers. The proportion let in a week or less has increased from 61% when the same question was asked in January. Less than 6% of properties are currently on the market for more than two weeks, compared to 14% at the start of the year, as the rental market springs into action. Despite a 20% decrease in demand for rented homes over the past year, there is still significant competition, with more than 15 enquiries for every available rental property. Are you looking to rent or buy? Let me know! 👍 Source: #Dataloft by PriceHubble Poll of Subscribers, Zoopla. April 2024

𝐑𝐞𝐝𝐞𝐟𝐢𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 🏡 𝑺𝒎𝒂𝒓𝒕𝒆𝒓 𝑹𝒆𝒂𝒍 𝑬𝒔𝒕𝒂𝒕𝒆 𝑺𝒐𝒍𝒖𝒕𝒊𝒐𝒏𝒔 𝒇𝒐𝒓 𝑴𝒐𝒅𝒆𝒓𝒏 𝑳𝒊𝒗𝒊𝒏𝒈 At 𝐘𝐨𝐮𝐫𝐇𝐨𝐦𝐞𝐄𝐬𝐭𝐚𝐭𝐞, we leverage cutting-edge technology and market insights to deliver personalized real estate solutions. Whether you're buying, selling, or investing, our innovative approach ensures a seamless experience tailored to your needs. 💡 𝐖𝐡𝐚𝐭 𝐖𝐞 𝐎𝐟𝐟𝐞𝐫: 𝐀𝐈-𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐌𝐚𝐭𝐜𝐡𝐦𝐚𝐤𝐢𝐧𝐠: Discover properties that perfectly align with your preferences. 𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐓𝐨𝐮𝐫𝐬 & 3𝐃 𝐇𝐨𝐦𝐞 𝐖𝐚𝐥𝐤𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐬: Experience properties from the comfort of your home. 𝐑𝐞𝐚𝐥-𝐓𝐢𝐦𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐬: Stay informed with up-to-date market trends and pricing insights. 📌 Your dream property is just a step away! 𝑳𝒆𝒕 𝒖𝒔 𝒈𝒖𝒊𝒅𝒆 𝒚𝒐𝒖 𝒕𝒉𝒓𝒐𝒖𝒈𝒉 𝒆𝒗𝒆𝒓𝒚 𝒔𝒕𝒂𝒈𝒆 𝒐𝒇 𝒚𝒐𝒖𝒓 𝒓𝒆𝒂𝒍 𝒆𝒔𝒕𝒂𝒕𝒆 𝒋𝒐𝒖𝒓𝒏𝒆𝒚. #YourHomeEstate #RealEstateSolutions #PropTech #DreamHome #SmartRealEstate

📌🚨 10 tips to patch selling in real-estate 1.Know Your Audience: Understand who your potential buyers are and what they are looking for in a property. Tailor your pitch to address their specific needs, whether it's a family seeking a home, an investor looking for rental income, or someone interested in a vacation property. 2.Highlight the Unique Selling Points: Identify and emphasize the unique features and benefits of the property. Whether it's a stunning view, a spacious backyard, or proximity to key amenities, focus on what sets the property apart from others in the market. 3.Tell a Compelling Story: Paint a picture of the lifestyle the buyer can enjoy in the property. Use storytelling to help them envision themselves living there and creating wonderful memories. 4.Be Honest and Transparent: Building trust is crucial in real estate. Be upfront about any potential drawbacks or issues with the property. Honesty and transparency go a long way in establishing a positive relationship with buyers. 4.Provide Data and Market Insights: Back up your pitch with data and market insights. 5.Share relevant statistics about the neighborhood's growth, property value trends, and potential return on investment for investors. 6.Offer a Virtual Tour or High-Quality Visuals: In today's digital age, high-quality visuals are essential. Provide professional photos, 3D virtual tours, and videos that showcase the property in the best possible light. 7.Demonstrate Your Expertise: Show your knowledge of the local real estate market and the buying process. Buyers are more likely to trust an agent who demonstrates expertise and can guide them through a smooth transaction. 8.Address Financial Concerns: Be prepared to discuss pricing, financing options, and potential negotiation points. Provide clarity on the overall cost of the property and any associated fees. 9.Create a Sense of Urgency: Encourage buyers to take action by creating a sense of urgency. Mention if there is strong interest in the property or if similar properties are selling quickly in the area. 10.Follow Up and Stay Engaged: After the pitch, follow up with potential buyers to answer any questions and address their concerns. Stay engaged throughout the buying process and offer your support when needed. #realestate #salesproperty #MAG

The greatest opportunity in commercial real estate today is not interest rate driven, it is not cap rate driven, it is not even supply or demand driven. Throw all of the economics out of the window and hear me out. The greatest opportunity today is in operational distinction. More than anything else, what we saw as a result of the COVID+low rate environment is frankly, the exposing of many in the industry who claimed to be owner/operators but had no idea how to truly operate distinctively and had consistently been bailed by the upswing market conditions until this point. I have toured hundreds of properties and spoken with thousands of property owners since the start of the downturn, and it has become more and more evident to me that many owners are replicative, not distinctive. Meaning - they do what works. They follow the trend. they take the lazy route. Warren Buffet said in one of my favorite interviews, "Tomorrow morning, when you look in the mirror after you’ve gotten up, just write — put it in lipstick or whatever you want on the mirror — just put delight my customer, the phrase is not satisfy my customer, it is to delight them." What has been the common trait among successful properties in today's environment? A distinguished customer experience. Look at the office buildings that are staying occupied - they have the best amenities. Look at the apartment buildings with the highest rents and occupancy - they have incredible staff and created a sense of community. Look at the self-storage facilities that remain competitive in an oversupplied market - they all feature automation, top tier security, and transparent costs. Look at the hotels and RV parks with the most repeat customers and vacation traffic - they have the most thoughtful staff and the most convenient features. Whether that 'customer' is someone staying at the property, visiting it, or investing in it. A customer experience that leaves them saying 'wow, no regrets with that decision' is worth more than any quantifiable metric. You can put anything on paper and make the numbers work. You can never hide a bad customer experience. And you'll get the best form of marketing, word of mouth, by creating the best experience. Don't be replicative. Create a business that leaves your customer in awe.