Friday, July 19, 2013

Things you must expect from your Cayman Real Estate Agent

When it is about the Cayman real estate industry, agents are comparable to encyclopedias. They have an extremely important position in the Cayman Real Estate market. This fact however gives them the upper hand of supremacy and experience. It is upon you to test the depth of this experience. There are certain mandatory questions that you must ask an agent before declaring that you are ready to work with them.

  • Experience tenure - Ask the agent how old he is in the market. The Cayman Property market is a highly active one and agents have to be agile while dealing in it. The best way to learn about this market is through experience and that is gained first hand on field.
  • Area - Ask him whether he is familiar with your area. Cayman real estate scenarios differ according to the area where the property is being bought or sold. Rates differ a lot as do amenities. It is important that the agent is fluent with the area that you intend to do business at.
  • Number of successful deals - Ask the agent how many houses he has sold till date. The number has to be visibly relative with the number of years he has worked for. Here, it would be better if you yourself do a bit of homework regarding what is the closing rate in the area where you are planning to sell or buy a house.
  •  Is he a CIREBA certified member? - This is extremely important. Being a CIREBA member would need the agent to follow certain standards for work and ethics. This ensures a better reliability.
  • Is he there in the MLS? - That would expose you to a higher number of properties and keep your agent bias-less. This would apply more applicable to the buyers.
  • Would he show you properties that are listed under other companies? - This again is an extremely important point. If the agent is bent upon getting properties listed under his company sold, that would hamper your search arena. Clarify in advance whether or not your agent would be lenient with property listed under another company.

Tuesday, July 16, 2013

Why Are Photographs And Videos So Important In Listings?



Since the concept of listing on the web has come into being, searching for property and participating in the Cayman Real Estate sellers market has become a lot easier. How convenient it has become to show people how exactly a property looks. The listing system has made things plain, simple and precise. It is possible to point out all the potent features that tenants and buyers look for in a property. Why then is it necessary to concentrate to much on the visual part? Why are photographs and videos, describing the appearance of any Cayman property so much favored and asked for by real estate agents? Let's find out the answer.
  • Research says that pictorial representation has more effect on the psychology of the buyer than does literature.
  • When you have the photographs of your staged up room on the listing, people who come over to see you house tend to relate your home to the photographs they had seen on the web. Even if your home is currently not looking that attractive right now, the buyer would naturally give more weightage to what he had viewed on the web.
  • Giving a pictorial representation clears off any misunderstanding or mis-expectation that your literature might have created in the mind of the viewer. It further gives a clear impression of the structure of things. It is a lot of saving on time because people know what exactly they should be expecting when they are visiting your place.
  • Videos seem to give life to a dumb internet representation. Make it a point to speak something that you feel is outstanding about your home. It helps the viewer notice things which he might not have noticed it only if there were literature or photographs.
  • According to experienced Cayman real estate agents, homes that have beautiful pictures and videos uploaded on listing, sell quickly and at great prices. That happens, even if the real home is not so very enticing or catchy. The vice-versa is however not true.
If your Cayman property is out for sale, use the web well and upload as good pictorial resources as you can. Your agent could guide you on how to go about it. The outcome would definitely be splendid.