These are the three main traps that property sellers fall into

first_imgAvoid these three common pitfalls when selling your house.FOR as long as I can remember the weak agents in a real estate market have spruiked the benefits of an ‘off market’ sale.An ‘off market’ sale is when an agent takes a buyer through a property that is not for sale and they buy it.No annoying open homes, no expensive marketing and a quick peaceful sale.Sounds perfect, right?I think the expression is, when it sounds to good to be true, it generally is.Like in politics it’s easy to tell people what they want to hear to get chosen and then once appointed it’s a whole new game.Now these sales can occur, but their success rate is very low and the damage if not sold can be irreparable. Consider the buyer for a moment. When you are shown a property that is not publicly available you like it because the pressure of competition dissipates.The chance of a bargain is presented. Obviously an unwilling seller will hold firm on their price and if the buyer will jump, then a sale is made. But a willing seller must engage – if not the property sits on the market in the dark, psychologically depreciating to all those buyers who have rejected it.When an owner is considering a sale there a few traps and seeing past them can be difficult.More from newsMould, age, not enough to stop 17 bidders fighting for this home5 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor5 hours agoAuctioneer Haesley Cush reckons there are a few traps for owners wanting to sell.There are three main ones…The first is predicting the price you’ll achieve, this is a minefield for agents. The weak agents just shoot high. But keep in mind a high price from an agent doesn’t mean you’ll achieve a high price. Price from an agent is a terrible way to chose, because it’s too easy for a bad agent to seem good. Develop your own opinions, avoid asking them until you’ve worked them out, then ask them for the evidence they have gathered. These comparable sales in no way mean you will achieve that price, so don’t use the number as a yard stick for the agent you chose.Next is where the buyer who will pay the most money will see your property. Agents who don’t present you cross media marketing options are more than likely just telling you what they think you want to hear.No agent knows where your buyer will come from. When you don’t use marketing options like a sign, internet or newspaper (to name a few) you are ruling out the possibility of any buyer enquiring from that medium. Too risky! Ask your agent for the marketing campaign they believe will get you the highest possible price.Finally, agents are free if they don’t sell your property. Commission is payable on settlement. So choosing an agent based purely on the price they charge defies logic. You will become completely reliant on this person to update you on market feedback on your property. This information will influence your decisions and ultimately affect the price you take. When you consider that they only get paid, when you get paid, you should back the person you believe will get you the highest price.The cheese is free in the trap, according to Haesley Cush, just watch out for the end result.If you are considering engaging an agent then enquire on their listings and attend their open houses. Get a feel for how they treat their buyers. When interviewing ask them to give you their strategies to get the best price, not their strategy to get your business. The free cheese is in the trap and with the market moving an agent with a buyer is not enough when a record price could be on the table.last_img read more

Mandate roundup: Potential REITs mandate from Middle East investor

first_imgAn institutional investor based in the Middle East has used IPE’s Discovery* platform to announce it is conducting research on global REITs through an open-ended pooled fund.According to search DS-2621, the investor – which has earmarked $120m (€100m) for a potential investment – is calling for interested parties to submit different strategies by 22 September, 5pm UK time.Participating asset management firms will need a minimum track record of five years and will need to respond directly via the Discovery to register interest.*Definition of Discovery: Pre-RFI tool which enables institutional asset owners to carry out a preliminary search for managers active in a particular asset class or region. Asset owners can also use this tool to research an asset class they are looking at for the first time. Discovery is free-to-view so payment only applies if you decide to respond. The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.Italian scheme calls for bids for three mandatesFondo di Previdenza “Mario Negri”, the Italian pension fund for executives of commercial, haulage and transport companies, is calling for fund managers to  bid for three mandates it is tendering: US convertible bonds, European equity and global equity.According to an announcement, the Roma-based scheme is asking that participating managers request further mandate details via email and submit their interest by 22 September, 2pm local time.To read the digital edition of IPE’s latest magazine click here.last_img read more

Doctors Without Borders closing Haiti hospital for women

first_imgHealthInternationalLifestyleNewsPrintRegional Doctors Without Borders closing Haiti hospital for women by: Associated Press – July 21, 2018 Sharing is caring! 58 Views   no discussions Share Sharecenter_img Tweet PORT-AU-PRINCE, Haiti (CMC) — Aid group Doctors Without Borders is closing an obstetrics hospital in the Haitian capital that it opened in the aftermath of the devastating January 2010 earthquake.Chief of mission Michelle Chouinard says the hospital will close in coming days as the last patients are discharged. Another urgent care facility will close next year.Chouinard said Friday both facilities were never intended to be permanent, but the organization set them up in 2011 and kept them open longer than anticipated because conditions were so dire in the country following the quake.The 176-bed obstetrics hospital treats about 500 patients per month. About 40,000 babies have been born there since it opened.Doctors Without Borders will operate four clinics in Haiti after the closures. Sharelast_img read more

‘Pusoy’ puts five persons behind bars

first_imgILOILO City – Five persons were caught engaging in illegal gambling in Barangay New Buswang, Kalibo, Aklan. Recovered their possession were a deck of playing card and bet money which amounted to P805. 4 p.m. on May 17. They were identified them as Manuel Datu; Domingo Carillo; Rolly Bautista; Jessie Senal; and Leo Berongo, a police report showed. center_img Detained in the lockup cell of the municipal police station, the suspects face charges for violation of Presidential Decree 1602, which prescribes stiffer penalties on illegal gambling./PN The suspects were nabbed after officers of the Kalibo police chanced upon them playing pusoy aroundlast_img read more

BMV Extends Hours for Election

first_imgINDIANAPOLIS, Ind. — The Indiana Bureau of Motor Vehicles, reminds Hoosiers that in advance of election day, BMV license branches will extend hours of operation on Monday, November 7 and on Tuesday, November 8 to issue ID cards and driver’s licenses that may be used for identification at a polling place.All branches will be open on Monday, November 7, from 8:30 a.m. to 8:00 p.m. and on Tuesday, November 8, from 6:00 a.m. to 6:00 p.m.License branches will only process new, amended, or replacement ID cards, and renewed, amended or replacement driver’s licenses and learner permits.New driver’s licenses and learner permits will be processed provided the customer has previously completed all required testing.The Indiana BMV provides free, state-issued ID cards for voting purposes to any unlicensed Hoosier that is a U.S. citizen as long as he or she can provide proper documentation and will be at least 18 years of age on or before the next General or Municipal Election.All license branches will resume regular business hours on Wednesday, November 9.last_img read more

McIlroy at a loss after shooting 79

first_img McIlroy cut a disconsolate figure following an opening 79 at Muirfield that included two double bogeys in the space of four holes in a back nine of 42. The first of those sixes had the world number two describing his approach as “brain dead” and confessing to a worrying lack of confidence that shows no signs of improving. “I’ve worked with Bob (Rotella) before a little bit. It could be beneficial to see someone like that again. We’ll see,” McIlroy said. “I felt like I struck the ball okay. So as long as I can somewhat get my mind in a better place, I can go out there and try and shoot a good score. “I want to try to be here for the weekend. But the thing that I need to do is just go out there and freewheel it and try and make birdies and try and play with that little bit of whatever it is I have usually. “But sometimes I feel like I’m walking around out there and I’m unconscious. Going left of the pin on 12, when I had no right to be going anywhere near that pin, that’s just thoughtless. It’s just so brain dead. “Seriously, I feel like I’ve been walking around out there like that for the last couple of months. I’m trying to get out of it. I just don’t quite know why.” The 24-year-old was not the only star name to suffer on an opening day which saw Masters champion Zach Johnson card a five-under 66 to lead by one from Spain’s Rafael Cabrera-Bello and 1998 champion Mark O’Meara. Luke Donald’s nine-over par 80 equalled the worst round of his Open career – his first ever round in the event at Carnoustie in 1999 – and US Open champion Justin Rose returned a 75 containing just one birdie. “I was not thinking about Merion so I can’t use that as an excuse. I need to get a good round of golf together and maybe be a bit more aggressive with my iron shots rather than trying to not make mistakes,” Rose said. “I feel very comfortable as a major champion. I understand what works for me and how I can get the best out of myself, but it does not make the game any easier.” Playing partner Ernie Els could attest to that, the defending champion returning a 74 that featured three shots in a bunker and a triple-bogey six on the 16th, the same hole which cost him a double-bogey five in the final round during his victory here in 2002. Rory McIlroy was hoping to find the missing spark from his game in order to make the halfway cut in the Open Championship, after admitting he might need to enlist the services of a sports psychologist.center_img Press Associationlast_img read more

Linden pays tribute to historic CARIFTA Games team members

first_imgBy Joe ChapmanMAYOR of Linden Carwyn Holland and Regional Chairman of Region 10 (Upper Demerara/Berbice) Renis Morian have ensured that the authorities in Region 10 came up with trumps in honouring the Linden athletes who were part of the historic showing at the recent CARIFTA Games held in Curacao.Guyana bagged eight medals and two of the four gold medals were won by Lindeners, sprinter Compton Caesar in the Under-20 100m and Chantoba Bright in the Under-18 Girls Long Jump.Following a motorcade along the streets of Linden, Caesar and Bright, along with Odesha Rogers and Tremaine Browne, were special guests of Minister within the Public Health Ministry Dr Karen Cummings, Members of Parliament Audwin Rutherford and Jermaine Figueira, NICIL Chairman Horace James, Regional Education Officer of Region 10 Marcia Paddy and president of the Amateur Athletics Association of Guyana (AAG) Aubrey Hutson among others.Minister Dr Cummings said, “I’m very happy at what I’ve seen. You have made Guyana proud, not only Linden and its environs because your success is our success. Government is serious about the development of youth, we want to empower youth. In addition to academic qualifications we also know that sports is very important.”“I know that Sports comes under the aegis of the Ministry of Culture and Sport, but nevertheless health plays a pivotal role. I’ll keep close to the doctors here (in Linden) so that one of them could specialise in sports medicine, so you won’t only have coaches but you’ll have a sports doctor who will assist you at the new synthetic track. The Ministry of Public Health as well as the Government is behind you,” said Minister Cummings.last_img read more

Balanced England can win Ashes, says du Plessis

first_img(REUTERS) – England have the right balance to beat Australia at this year’s Ashes series, South Africa captain Faf du Plessis has said after his team’s 3-1 series defeat by Joe Root’s side.Hosts England completed their series victory with a 177-run win at Old Trafford on Monday in a keenly contested series.Australia will host England for five Tests in one of the world’s most famous sporting rivalries with the first match beginning on November 23 in Brisbane.England’s opening bowlers James Anderson and Stuart Broad are expected to bear most of the burden of keeping Australia’s batsmen in reins and the pace duo received a lot of praise from du Plessis.“If you have assistance and skill, which England’s bowlers have, you can target Australia’s batting line-up,” du Plessis told the BBC.“They are relentless and our batting line-up wasn’t strong enough for them.“Australia have fiery and quick batsmen so England will need to get through them. (But) I think England could be Ashes winners. They have a balanced team.”du Plessis captained his side to a famous 2-1 series victory Down Under last year, prompting wholesale changes in the Australian squad under Steve Smith.The 33-year-old said England would have an even better chance of succeeding if the wickets provide some assistance to the quicker bowlers.“I think it’s dependent on the conditions,” du Plessis said.“I’ve always felt Australia as a team play really well on flat wickets, bouncy flat wickets, (but) if the conditions allow a bit of seam and swing and spin, then I think England will be favourites.”last_img read more

Calhanoglu Breaks Bayer Penalty Curse as Bundesliga Resumes on StarTimes

first_img“I am very relieved. I could feel a bit of pressure, but I know I can score penalties,” said the 22-year-old Calhanoglu, who scored his first double in the Bundesliga.“We took our chances and everything fitted together today.”Leverkusen took the lead in scrappy style at the BayArena when Turkey defender Omer Toprak stabbed home on 12 minutes after Javier Hernandez had failed to connect with his shot.Calhanoglu’s penalty made it 2-0 before Berlin’s Swiss midfielder Valentin Stocker pulled a goal back just before the break when he fired home at the post from a corner and it finished 2-1 at the break.Berlin’s USA international John Anthony Brooks then cleared Hernandez’s header off the line on 57 minutes, which means “Chicharito” has now gone 1 200 minutes without scoring for Leverkusen.His last goal was in a 2-0 win over Dortmund on October 1.At the other end, only a superb save from Leverkusen goalkeeper Bernd Leno denied Hertha striker Vedad Ibisevic from close range with 25 minutes to go.Leverkusen put the result beyond doubt when Kevin Kampl was allowed to put in a cross unchallenged and left winger Calhanoglu crashed his shot home on 88 minutes for the three points.After going on a three-week winter break, the Bundesliga, which is the league of the current world champions, Germany resumed to high-octane football drama as the teams scramble to unseat champions Bayern Munich from the top of the table.A statement from StarTimes said they were poised to continue delivering top-notch football action from the best leagues from around the world.“We remain committed to giving our esteemed customers and viewers the best live football action from top European leagues and the resumption of the Bundesliga will further add value to our viewers delight”.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Hakan Calhanoglu finally broke Bayer Leverkusen’s penalty curse this season with the first of his two goals in Sunday’s 3-1 Bundesliga win at home to Hertha Berlin.The result lifts Leverkusen to eighth while Hertha finish the weekend dropping from third to fifth. Leaders Bayern Munich maintained their three-point lead at the top of the table with a 2-1 win at Freiburg on Friday thanks to two Robert Lewandowski goals. All the matches were live on StarTimes pay tv channels.The Turkish international winger drilled home from the spot on 36 minutes to put his side 2-0 up – holding his nerve after Leverkusen had failed to convert all five spot-kicks they had been previously awarded this season.Calhanoglu, who had a penalty saved in November’s 3-2 defeat to RB Leipzig, slotted home after a handball from Berlin defender Marvin Plattenhardt on a Julian Brandt cross.last_img read more