EU real estate market tips? Liveio.com is a new real estate platform focused at helping real estate agents and individuals to sell real estate properties in Europe. We will also discuss about several real estate guides mixed with some analysis of 2019-2020 real estate market trends in EU.
In Europe, prices will continue to go up as construction costs and interest rates are also expected to increase in the next 3 to 5 years. The residential sector is the real estate professionals favourite as it is the one that brings a more resilient outcome. However, office spaces are also on the spotlight in 2020. This year you will be hearing a lot people talking about technology. This is a sector that is working hand in hand with real estate, to bring the best solutions to professionals. The number of startups dedicated to real estate tech will continue to increase and invest on development, especially because the market is becoming more and more competitive. But we should also note that financial tech has a great impact on the sector, as it helps to reduce transaction costs by providing more automated operations.
What will happen with interest rates in Europe? Higher interest rates have been predicted for years, but everyone was wrong. Interest rates are still very low – stabilising at best – but they are certainly not rising significantly. Europe is now in a situation with interest rates mostly below 1%. Without any inflation, yields or potential profits will not rise. Despite this, investors know that if they buy today, they benefit from financing at a very low cost of borrowing. This trend is occurring almost everywhere in the world; housing markets are very popular, as everybody is trying to finance or refinance their mortgage to acquire a home while mortgage rates are so low. Many investors ask about the artificially low interest rates: how long will they last? Another year, two or maybe three? Nobody knows for sure, but we do know that interest rates will rise again. We may then have a serious market problem; if you bought property, whether commercial or residential, with low yields of 3–%, even a 1–2% rise in interest can have a serious influence on your profit return. Discover extra info European Real Estate Listings.
Now let’s talk about some real estate tricks for agents: Talk to strangers! I know you were told not to do this when you were a kid, but real estate is another ballgame. You have to come out of your shell and talk to friends and neighbors of the owners, and anyone else who’ll listen. Talk to your own friends and neighbors about it, too; the more you talk about the listing, the more interest it will generate. Your mouth is your best weapon, so use it wisely. Remember to always be kind, polite and professional. Visit rival agents’ offices: Don’t think of it as fraternizing with the competition; think of it as visiting friends from another firm. Invite them for coffee and a chat. Talking business with other real estate agents can lead to referrals and sales for everyone.
Why should I become a Liveio Agent? Agents can create their own personal channel in the network, form an inviting profile page, are able to list their current properties for sale and inform about upcoming open house showings. By signing up for a Liveio Agent-account you guarantee to expand your client base – from a local to global scale. Reach a new international client base. List unlimited amount of properties for sale or rent. Create your own personalized advertising page. Team up together and represent an agency. Source: liveio.com.