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Showing posts from November, 2010

Everything Will Sell, Eventually

Via Dan Wolf (Keller Williams Realty AK Group) : Sellers who have selling experience under their belt, as well as real estate licensees who have " been around the block " know;  Everything sells - eventually . What I mean when I say that is there are only so many factors that need to be considered in a property sale.  If you owe too much and cannot lower your price , you might have to plan to wait a long time.  Markets cycle; things change over time.  If you wait long enough, the circumstances will change. One example of things changing is interest rates.  When I was in real estate school in 1983 the instructor told us any interest rate under 10% was good for business.  It was 12% and 13% for a while. No one would ever have guessed it would be 4% for a 30 year fixed rate mortgage! On the flip side, price and condition are everything .  If you have the latitude to make adjustments, that's exactly what you should do.  Some...

Benidorm targets new tourist markets

The World Tourism Fair was held last week in London and Benidorm and the Costa Blanca was there to encourage visitors to the area. The Chinese tourist trade is seen as untapped at the moment but with a new wealthy elite and less travel restriction, current growth models forcaste that by 2020, there will be in the region of 20 million Chinese tourists and Benidorm wants to be ahead of the game. Everyone knows that Benidorm on the Costa Blanca is one of Europe´s most popular and established holiday destinations. Benidorm is now looking to target the growing Chinese market. Last year, over 10 million Chinese nationals travelled abroad as tourists. Of those, almost 100,000 came to Spain. At the moment there are no statistics to say just where those 100,000 travelled within Spain. Russians are also being courted not only by Benidorm but also by the Costa Blanca in general. Once again there are major advertising campaigns being promoted in Russia too. Benidorm it seems wants ...

Truly bizarre

Whilst new to blogging on Active Rain, I have been blogging elsewhere (Blogger) for a few years but I have to say this is probably the first time I have blogged on what I consider to be a collection of bizarre occurrences all in the past few days. First off, I must point out that business is done very differently in Spain compared to where many readers (of this) are based. Anyway, Thursday morning started out with two appointments to view a property I currently have available for rent. Both enquiries were from local customers that had seen the property on one of the various webpages where it is advertised with full details - the first client was looking for an unfurnished property and this one is furnished, the second client didn't have the decency to show up and funnily enough turned off her mobile phone. Ok, not that unusual. Then Friday evening after a very bust day with four appointments (and a haircut) I receive an email via Facebook telling me I have been selec...