• Goal Setting for the Real Estate Entrepreneur Goal Setting for the Real Estate Entrepreneur

    0 comments / Posted on by Steven Rivera

    Goal Setting for the Real Estate Entrepreneur

    The Who, What, When, Where and Why of Goal Setting in Real Estate:

    For any business owner there is one small step that makes a big impact on success. It may sound simple, but taking your business back to the basics can bring your business to the next level. Goal setting is an easy task that sometimes gets buried under those busy to do lists. By writing down your short and long term goals as a regular part of your business operations, you will see an increase in positive results.

    Who should write goals? EVERYONE. No matter how many people are included in your business team, everyone should be apart of the goal setting. Whether its a personal goal, or a business goal it is important that everyone’s input is involved.

    What kind of goals? S.M.A.R.T goals are proven to be the best goal setting method. Specific, Measurable, Attainable, Realistic and Time sensitive. These hold you company accountable and allow you to monitor progress.

    When should you set goals? ALWAYS. Goal setting is not a one-time event. Situations change and goals need to be revised at times. Goal setting is an ongoing process. Even when your company is at an all time high, goal setting can help maintain what’s already good and improve whichever aspects need work.

    Where should you write goals? The beauty of goal setting is that it can be done anywhere. Whether you write them...

    The Who, What, When, Where and Why of Goal Setting in Real Estate:

    For any business owner there is one small step that makes a big impact on success. It may sound simple, but taking your business back to the basics can bring your business to the next level. Goal setting is an easy task that sometimes gets buried under those busy to do lists. By writing down your short and long term goals as a regular part of your business operations, you will see an increase in positive results.

    Who should write goals? EVERYONE. No matter how many people are included in your business team, everyone should be apart of the goal setting. Whether its a personal goal, or a business goal it is important that everyone’s input is involved.

    What kind of goals? S.M.A.R.T goals are proven to be the best goal setting method. Specific, Measurable, Attainable, Realistic and Time sensitive. These hold you company accountable and allow you to monitor progress.

    When should you set goals? ALWAYS. Goal setting is not a one-time event. Situations change and goals need to be revised at times. Goal setting is an ongoing process. Even when your company is at an all time high, goal setting can help maintain what’s already good and improve whichever aspects need work.

    Where should you write goals? The beauty of goal setting is that it can be done anywhere. Whether you write them...

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  • Home Sales Pick Up After a Slow April Home Sales Pick Up After a Slow April

    0 comments / Posted on by Steven Rivera

    Home Sales Pick Up After a Slow April

    April was a slow month for Long Island real estate, but May started picking up fast.

    From May 2016 to May 2017 homes contracted for sale increased by 7.5%, going from 3,080 pending sales to 3,313. This makes up for the 7.7% drop that occurred in April compared to last year.

    In May 2017 the number of closed home sales increased 17.2% from 2016.

    Although inventory is increasing it is still lacking compared to a year ago. There are currently 12,871 homes listed on the MLS of Long Island, compared to 15,507 homes last year.

    These are interesting stats to keep in mind whether you are a real estate investor, are looking to sell your home, looking to purchase a home, or just looking to do business in the real estate industry. 

    April was a slow month for Long Island real estate, but May started picking up fast.

    From May 2016 to May 2017 homes contracted for sale increased by 7.5%, going from 3,080 pending sales to 3,313. This makes up for the 7.7% drop that occurred in April compared to last year.

    In May 2017 the number of closed home sales increased 17.2% from 2016.

    Although inventory is increasing it is still lacking compared to a year ago. There are currently 12,871 homes listed on the MLS of Long Island, compared to 15,507 homes last year.

    These are interesting stats to keep in mind whether you are a real estate investor, are looking to sell your home, looking to purchase a home, or just looking to do business in the real estate industry. 

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  • Thinking Like A Real Estate Investor When It Comes Time To Sell Your Home Thinking Like A Real Estate Investor When It Comes Time To Sell Your Home

    0 comments / Posted on by Steven Rivera

    Thinking Like A Real Estate Investor When It Comes Time To Sell Your Home

    Selling a home is a stressful time for everyone. It is difficult to separate emotion from one of the biggest business deals of your life. Luckily, there are people who do this for a living to show us how it's done. 

    Real estate investors buy and sell both residential and commercial properties on a daily basis for their business. They understand the ins and outs of buying and selling property more than the average person who only goes through this process few times in their life. 

    Whether you plan on living in the property or making money off of it, it's an investment you want to be smart about. Here are a few tips used regularly by real estate investors to help ensure your making the right investment!

    1. Assess the Risk: Take a look at the bigger picture. Do you see the value of the house increasing over the years? Take into account positive and negative factors such as neighborhood, school district, taxes and other aspects that may impact value.

    2. Know the Market: Knowing the condition and value of the surrounding houses is key. A real estate agent can be helpful in showing comparable houses in the area. Certain features may be of high interest in a particular area which may be helpful information to know, especially when it comes to selling your home to stay on top of competition. 

    3. Be Realistic: Regardless what you purchased the home for, when its time to sell you must be...

    Selling a home is a stressful time for everyone. It is difficult to separate emotion from one of the biggest business deals of your life. Luckily, there are people who do this for a living to show us how it's done. 

    Real estate investors buy and sell both residential and commercial properties on a daily basis for their business. They understand the ins and outs of buying and selling property more than the average person who only goes through this process few times in their life. 

    Whether you plan on living in the property or making money off of it, it's an investment you want to be smart about. Here are a few tips used regularly by real estate investors to help ensure your making the right investment!

    1. Assess the Risk: Take a look at the bigger picture. Do you see the value of the house increasing over the years? Take into account positive and negative factors such as neighborhood, school district, taxes and other aspects that may impact value.

    2. Know the Market: Knowing the condition and value of the surrounding houses is key. A real estate agent can be helpful in showing comparable houses in the area. Certain features may be of high interest in a particular area which may be helpful information to know, especially when it comes to selling your home to stay on top of competition. 

    3. Be Realistic: Regardless what you purchased the home for, when its time to sell you must be...

    Read more