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Introduction:

Real estate is one of the top and trending business in the world. Many people buy and sell properties and make money out of it. Individuals who are not aware of what to buy and what to sell approach real estate agents or brokers who assist them in what property to buy and sell. These agent and brokers make a lot of money out of this.

Real estate open house Ideas

The term real estate refers to the property, Building, land and any other resources which are present on the farm like crops, mineral, the air above it or the water in the area, etc.

To sell a house or property the agent always advises you to have an open house for the potential clients to visit the home. The customers visiting the home can increase the possibility of them buying the house. Open house means that you keep your house open to clients to come and visit your dwelling. The open house is available mostly on the weekends when most customers are free and out in the search for potential homes or properties to buy.

The following are some of the tips you can use when you have an open house:

  • Sign Boards.
  • Keep the house neat and clean.
  • Enlist the neighbors.
  • Be absent.
  • Security.

Sign Boards:

To make people know that you have an open house you must make sure that you have a small sign outside your home which says that you have an open house. This sign can help people to know that your house is for sale and people can come and have a look at your home.

Keep the house neat and clean:

When you have an open house, you must make sure that your house is kept clean. It is the most important thing to do when you have an open house. When people come to see your house, you must make them like your home. By keeping your homes clean, most of your clients will get a positive vibe and like your home. No one likes a messy home with things scattered all over the place.

Use technologies:

Sometimes setting a sign outside your house might not be enough to let people know that you have an open house. Use the technology available to you and reach more people. You can post that your house is on sale and that you have an open house on various real estate websites which will bring your potential clients.

Be Absent:

If you happen to have an agent who is helping you sell the house, then there is no necessity for you to be in the house when the clients visit. You can go out for the weekend or plan a small family trip for two to three days. The agent can handle everything, and they will know what to say to get the client convinced.

Security:

You must be aware that there will be random strangers who will be entering your home, so you need to make sure that they note down their ID so that you will not face any trouble in the future.

Introduction:

The presidency of Donald Trump has caused a significant impact not only on the people of the United States of America but also on everyone across the world. Donald Trump obviously has many supporters and haters as well. Both of them have various reasons for their behaviors. Real Estate markets can affect a lot of people as this business involves the process of buying, selling and investing in property. Many people have the question of how Donald Trump’s presidency would affect the real estate markets since he had eliminated many immigrants from the country.

Donald Trump

The real estate industry works by the idea of producing, buying or selling the actual estate property. There are various types of real properties like the constructions of new buildings for domestic purpose, residential use, industrial and commercial. There are real estate companies which help you to choose and buy these properties at a price. These companies also provide real estate brokers who assist you in selecting your desired property based on your requirements.

The following are some of how Trump’s presidency has impacted the Real Estate business:

  • Higher Interest Rates.
  • Fewer Employees.
  • Lesser Immigrants.

Higher Interest Rates:

By now it is clear that Donald Trump is not interested in the decision of the Federal Reserve to keep the interest rates low. The interest rates will rise as the economy of the country strengthens. The people benefitted in this situation are the investors who invest money in the Real estate business since more the interest rates more the profit. But the ones who are affected by these are the people who buy the property, and their mortgage rates have increased. This increase in the prices is also good in a way that people will not apply for loans and end up in debts.

Fewer Employees:

The Real estate business is an ever green business, and there is no end to it even if the interest rates fluctuate. The demand for the property kept increasing, but there was no one to work on the construction projects. Since many immigrants who were working as construction employees were asked to move from the country, the business suffered a substantial loss of potential employees who were skilled to do the job. The companies could also hire these employees for a cheaper rate, and now as they are gone, they will have to train other people and continue with the process.

There were also many agents, sales executives who were immigrants in the country, even those people had to leave cause the prices to increase in the Real Estate market.

Lesser Immigrants:

A recent study shows that the immigrants were responsible for a large part of the household and home owners’ growth.  Potential clients who were top investors in this business get lost during the process of eliminating the immigrants.

Thus, Trump’s presidency has had good and bad effects on the real estate market, and it all depends whether if you are an investor or a buyer or an immigrant. All of them are affected differently.

Introduction:

The Goods and Service Tax was introduced recently in India to replace the multiple taxing from the central and the state governments. The rates at which the property and services get taxed are 0%, 5%, 12%, 18% and 28%. The 28% GST rates apply to alcohol, tobacco products, and luxury cars. The GST was introduced in India in the year 2017 by the president of India and the Prime Minister of India; this has brought a significant change in the country. Though the Goods and Service Tax introduction was very confusing for many people in India and most of them did not understand the concept of Goods and Service Tax. But slowly the government made awareness and made the people of India understand the concepts of Goods and Service Tax.

GST in India

The real estate Business:

The real estate Business is a highly developed business in India, and many people invest in the real estate market to buy and sell a property. The term property refers to the property, Building, land and any other resources which are present on the farm like crops, mineral, the air above it or the water in the area, etc. The real estate industry works by the concept of producing, buying or selling the actual estate property.

The real estate industry works by the idea of building, buying or selling the property. There are various types of real properties like the constructions of new buildings for domestic purpose, residential use, industrial and commercial. There are real estate companies which help you to choose and buy these properties at a price. These companies also provide real estate brokers who assist you in selecting your desired property based on your requirements.

Tax Issues in India:

The people of India were having many difficulties with the tax issues while investing in the Real Estate markets. There were various taxes which the people had to pay before introducing the Goods and Service Tax. The taxes like VAT, Stamp Duty, registration charges, service taxes, etc. were induced on people previously. These taxes made it very hard for the people of India to calculate and pay all the money.

When GST got introduced all these taxes got replaced by one single tax where the rates were around 12%. Since there is only one tax, people need not worry about paying multiple taxes and worrying about the different truncations they need to make.

GST:

The introduction of Goods and Service Tax has upset many people who were making money out of these taxes. Goods and Service Tax has also stopped all these fraudsters who pretend to be agents and charge additional money in the name of various taxes.

To conclude, the Goods and Service Tax (GST) in India proved to be very useful both for the people and the government. The citizens and the investors in India need not worry about getting cheated by agents or real estate companies. A centralized default tax gets paid, and the people need not worry about paying different taxes and lose their money. Some feel that the centralized tax charges those more but when you compare and calculate to all the other taxes you have to pay while buying a property, it is very reasonable.

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