real estate | The Digital Realtor

26Jan 2019 by realtor8 No Comments

Cutting Your Losses In Real Estate

Working in real estate or any other business can be really challenging especially if you do not have enough deals over a long period of time. It happens to most of us at some point. Part of the problem is that we can’t individually control the real estate market and other factors, even locally. Do not be discouraged by it because in this article I will provide you some tips you can use if the deal is going in the wrong direction. Find a Partner I would recommend you to consider a partner because not all the deals are profitable right on the spot. Sometimes you’ll encounter some minor loss in a relatively short period of time before it bears fruit in the long run. So it makes sense…

21Jan 2019 by realtor8 No Comments

Tips For Flipping house and Maximizing Profit

experience, investment, opinion, real estate, real estate investment

If you’re one of those people that start of real estate investing from flipping than you should know that it is one of the ways to earn huge profits in the market. With that being said just like any investment journey, it involves lots of work and risks. So if you’re new and thinking about flipping property to make profit it is important to approach this carefully and with as much knowledge as possible. If you are wondering how exactly are you going to make money from buying houses, renovating them, and then selling them down the road? Don’t worry, here are some things for you to keep in mind. Research and Analyze Market Data Before you do anything, first thing to keep in mind is to assess…

18Jan 2019 by realtor8 No Comments

4 Pieces of Advice to REI Newbies

digital marketing, experience, real estate, real estate digital marketing

I understand that starting out in the real estate investment can be intimidating because I’ve been there before. But one thing you need to know is that we are all living in a digital era now and it’s fair to say that there’s plenty of resources right at your fingertips. What I’ve done when I first started are, watching relevant videos, reading articles, and listening to real estate podcasts. It not only helps me to further understand more about the field and it also helps me to explore what are the opportunities that I have. So make good use of your time and you’ll save plenty of unnecessary mistakes in the future. So here are the advice I would give someone who is just starting out Learn from…

15Jan 2019 by realtor8 No Comments

Marketing Strategies That Really Work

digital marketing, experience, real estate, real estate digital marketing

If you haven’t read my previous post about “4 Pieces of Advice for REI Newbies”. I highly encourage you to do so because I’ve mentioned that real estate investing is all a numbers game and the more effort you put in the better your results are. Now if you have followed my advice previously and want to take things up a notch you’re at the right place. I am sure by now we all know the sales funnel: LEADS > DEALS > PROFIT! This is true and it applies to almost every business, but let’s look at a few strategies that you can use to improve your cost per lead ratio as low as possible. The first strategy we will look at is the “Shotgun” vs. “Targeted” approach…

19Dec 2018 by realtor8

Will Bitcoin fuels the next wave of Real Estate boom in Canada/USA?

bitcoin, real estate, trend, Uncategorized

Bitcoin mining consumes large quantities of energy because it uses computers to solve complex maths puzzles to validate transactions in the cryptocurrency, which are written to the blockchain, or digital ledger. The first miner to solve the problem is rewarded in bitcoin and the transaction is added to the blockchain. In 2018, we see that many large scale bitcoin mining company has setup pilot sites in North America to take advantage of the cheap electricity tariff as well as cool weather that will reduce the energy intake of the bitcoin mining machines. We see multiple industrial real estate has been snapped up by such mining corporations at Quebec, Washinton and Vancouver. The below are the large corporations snapping up such real estates for its mining facilities: Vancouver, Canada: Hut 8…

07Dec 2018 by realtor8 No Comments

Create a good realtor website

digital marketing, real estate, real estate web builder

In this past few years, it seems that the real estate industry has lived up to its reputation. More and more fresh graduates are excited to be a licensed agent and it seems to be a hot career pick for most, mainly because of the glamorous lifestyle successful real estate agents are showing. Don’t worry today we’re going to break down the 5 reasons why most real estate websites fail and how you can overcome it One Size Fits All Plan I am sure you’ve come across some websites where they try to fit all the information on one page. Squeezing them all together with ugly fonts and weird color templates. (You should have an image in your mind right now and that's not the type of website you…

30Nov 2018 by realtor8 No Comments

Celebrity Real Estate News: Uber CEO sold his Seattle home for $3.8 million

investment, news, real estate

Uber CEO Dara Khosrowshahi sold his Seattle home in early October for $3.835 million in an off-market deal. Having shifted gears to helm the San Francisco-based ride-hailing company in 2017, the 49-year-old exec was no longer in need of a home in the Emerald City. Khosrowshahi bought the place in the Pacific Northwest in 2010 for $3 million, according to property records. The purchase came five years after he was installed as CEO of the travel site Expedia. The Uber boss pocketed a decent profit from the Seattle home sale, which he could put toward a payment on the ultra luxe home he reportedly purchased in San Francisco. According to Socket Site, Khosrowshahi picked up a swanky residence in the tony Pacific Heights neighborhood last year for $16.5 million in an off-market transaction. Built in 1929, the…

30Nov 2018 by realtor8 No Comments

[News update]If you own a home north of Toronto, you’d better sit down.

news, real estate, trend

Condo prices per square foot in the Vancouver city centre have soared 40 per cent over the past year, according to a survey from Century 21 Canada. A new study from realtor Century 21 breaks down house prices in Canada per square foot and it shows tremendous price increase. "Trends in real estate prices per square foot have been fickle for the last year —soft in some cities but stable in others, even varying from suburb to suburb in some cases," Century 21 Canada said in its report. "The trend of fluctuating prices has very likely only increased further since our cut-off for data earlier this summer," executive vice-president Brian Rushton said. While Vancouver's housing market went into serious slowdown mode over the course of this year, condo prices in the…