UK house prices rise in early 2020 despite Brexit

It seems optimism returned among buyers and sellers – house prices rise across the UK as a result.

After 10 quiet months, property prices rose in November and December 2019.

The average price for a home in December was £215,282, according to Nationwide building society, one of the UK’s largest mortgage lenders. Property prices go up by 0.1% every month.

In January they said property values were 1.9% higher than a year earlier – up from 1.4% in December and the fastest yearly growth since November 2018. The average price for a home now stands at £215,897 – up £615, or 0.5% higher than in December.

In further evidence that the housing market is picking up, inquiries from would-be buyers, agreed sales and the number of real estate coming on to the market all rose in January.

Some surveys have also suggested a price bounce in the housing market since the general election in mid-December, although much will depend on how the Brexit after effects develop.

No doubt, we’re seeing a lot of enthusiasm among buyers since the beginning of this year but we cannot yet tell how sustained this optimistic mood will be.

By the way, price growth in London has fallen to 0.6% since the referendum. This will be welcome news for many people who are interested in becoming homeowners in London. Although it still remains far from affordable for most of us.

One challenge remains though

Raising a deposit to get on the property ladder is still difficult for many. Even in the north of England and in Scotland, where property appears to be cheaper, it’ll take someone earning the average wage more than five years to save up for a 20% deposit.

Are you looking for a property bargain or – as house prices rise – you think it’s a good time now to put your real estate on the market? Visit www.propertyunder100k.com

How to get rich with real estate – or poor

Isn’t that what we all want to know? I always wanted to get rich with real estate. It seems like a simple enough equation but what appears to be a simple method in theory is very often not found in reality.

First and foremost: A property must generate cash flow

Here you can see the basic components that decide the income and therefore the regular income from a rented real estate. Generally, the property has to make profit. The income from your property has to be higher than what you spend. This is a simple and most important rule if you want to make money from renting.

Cashflow is the “key” so to say – just with this income we increase our available capital, which we can spend as we like. We have to take all costs for the property in consideration though, everything – running cost, repairs, maintenance… etc. – to be able to calculate the expected cashflow.

Our goal should also always be to invest as little, if possible, no equity at all. Because on the one hand we can maximize our return on equity and on the other hand we keep our own money with us. In other words: we are looking for bank offers that finance 100% of a real estate for us. To do this, of course, as borrowers, we have to meet the banks requirements. Those costs for a credit also have to be taken into consideration.

How to get rich with real estate – cashflow is the most important

After considering all costs our cash flow should still be positive. Some may now think: there is no such property available by any means. But they do exist! Granted, you may need some time to find them. But why not have a look at our real estate listings? Surely you will find some interesting properties.

The same of course is valid if you are trading with real estate instead of renting it. The only problem is that it will take longer time to generate cashflow as you don’t get money on a weekly/monthly basis. It might be a bit more difficult to get by until you make a sale. You can list your real estate for free on www.listproperty4free.com

Make your homework

Also, if you are buying and selling properties for a living make sure you check with your revenue office beforehand to know how much of you profit will need to be paid in tax. This is also an important figure to keep in mind, in some countries this tax is very high.

Also, you might need to register yourself as a business depending on your local laws, this is always good to investigate before you start as it can be a real game changer.

Conclusion

I did not get rich with real estate but I’m able to make a living without needing to go to a job every day. That was my goal and I’m happy that I reached it. I had to start small though and I’m glad I did as I learned a lot with my smaller projects bringing me to where I am today.

Work as a real estate agent while still in University

Is it actually possible to work as a real estate agent while still in University?

Being a realtor or even just a sub agent may be a very easy work which can be done on a part time basis while studying at the university. All you’ll need may be a realtor license or a friend with a real estate business. Sounds easy enough, right?

That’s why above question crossed my mind. It would really be a cool way to get enough money to support your busy life as a student. Here is what I found out.

I came across many agents who got their Real Estate Agent’s license while they were still in College. And it seems, if you are passionate about real estate and good with people this is definitely the way to go. Maybe you were planning to go in this direction anyway so this is a fantastic way to start getting some experience.

You are probably very limited regarding your time

That’s why the best would be to only start as a part timer. Ideally, you can set your own hours and pick up listings between classes. You can start doing open houses on weekends – that’s when most of the clients are around anyway.

Some who started doing this loved it so much that they left college all together and concentrated on their real estate business. That’s not what we like to encourage! Everybody has to make their own decision regarding their career.

If you like to try it yourself with little money – maybe you have a friend or relative who wants to sell a house – why not try some websites where you can list real estate for free. This will keep your costs down until you made your first money that you can reinvest into your little venture. Here at https://www.listproperty4free.com/ you can list your real estate ad with no strings attached. Interested buyers will contact you directly.

Even if you fail…

Even if you try to work as a real estate agent while still in University and fail, don’t see this as a waste of time. At least then you know it’s not for you and the experience you made in this time will always be helpful for you in the future – maybe when you get your own home.

Some even found out that they rather buy properties themselves, do some work or staging on it and resell it for more money. That’s what I ended up doing. It’s great because you have full control over your time and project.

Some even work their way up this way. This is called the property ladder. With the money you got from selling your first home you buy the next slightly more expensive as you have a bigger budget now. This you repeat several times until you are at the top. You might discover that this is something you really enjoy doing as it usually involves handy work or decorating. For many this is far more interesting than to work in a real estate office.

If you are looking for a first project that you can buy with a small budget

Check out this website: https://www.propertyunder20k.com/. It only lists real estate below 20,000 Euros.

Conclusion

It’s definitely worth a try to work as a real estate agent while still in University. Maybe even helps you to find out what kind of work you like to do in the future.



Real Estate Guest Post

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Please contact us at [email protected] to submit your guest post or for any questions.

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We love to cover as many topics relating to real estate as possible. If you are looking to find the perfect home for you, have a look at our real estate listings.

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How the Internet has revolutionized the Real Estate market


The arrival of the Internet has changed the real estate market for ever. Until 1998, the hunt for a suitable home to buy or sell took place through the advertising in the local newspaper or a big sign in the front of the house.

And these approaches are still used today. With the arrival of online property portals, the significance of the newspaper for many real estate agents has dropped radically: both buyers and sellers create their choice to purchase a property and locating an agent largely online. Obviously, personal recommendation can be still a large thing which shouldn’t be underestimated.

Consequently, the objective of any real estate agent needs to be that potential buyers encounter his real estate offers before everybody else, be it on some real estate portal or straight on his own website. But how can you do this?

Real Estate Market: Listing alone is no longer enough

The competition on the sector is fierce. New thinking is necessary, because listing an ad alone, is no longer sufficient.

Real estate hunt online

When it comes to the real estate market, it’s important to put yourself into the buyer’s shoes.

Fundamentally, the earlier the agent manages to get the buyer to his website or on the portal, etc., the greater the chance to get a deal!

The buyer is on the lookout for advice: he’s at the research phase. He’s now considering selling his own property. That’s the reason why he is searching with Google for advice about his or her concerns. It would be great if this possible client would land on your website at this phase.

For you, this means making services and information about the sale and purchase of property – obviously with reference to a region.

Some potential topics could be: Advice about energy efficiency, market cost determination, house staging, aftercare for clients and a whole lot more.

SEO-optimized composing: Little interventions make a huge impact

But every individual text must also be aligned in this manner that it matches the research requirements of your target group. The intention is that Google shows your text up in the results listing. Possible buyers may find your content before anybody else. Including search engine optimized composing, for that there are a few principles. The simplest & main guideline is: The preview which the searcher enters in his Google search should, if possible, look in the heading and at the very first paragraph of your text!

Where’s the real estate agent’s digital home in 2020?

The most fundamental place for many is your own homepage. This ought to be so intuitive that the consumer can find all of the important information and various methods to get in touch with you. But several websites are distinguished by the fact that they feature mostly static, i.e. virtually classic content that’s rarely changed (like contact, imprint, about us).

Your home can also be on a real estate platform where your available properties are featured along your contact information. This can be at https://www.listproperty4free.com/

Social networking is standard now

At the era of Social Networking, you will find tons of places online where you can also present content.

Most successful agents are on Facebook – the business page is currently standard.

Another great place is youtube. It has been a part Of the Google family and also shows up high in the results listing. It is possible to learn how specialists use real estate videos. Naturally, videos are a great deal and more chances to find you.

For all activities on the Internet, you should produce as many connections to your content as you can.

The searcher’s first experience with the Broker or his property occurs from the results listing.

It is important to be visible on top of the results listings and to look better than the offers of your competition.

With bump-up (to be on top) and spotlight displays, your visibility is increased. Like that possible buyers actually click on your ad and possibly contact you. That of course requires a good quality of pictures and text.

Find some great offers on the real estate market on www.all-real-estate.com