Property Management News

Whether you’re a homebuyer or a home seller, you’ll end up a home negotiator at some point in the process. The transactional nature of real estate exchanges means there will always be things both parties want—and even need—to bargain for to close the deal. But as a buyer, you might wonder if you can still negotiate in a seller’s market. “Even in a highly competitive market, it is still OK to ask for things when buying a home,” says Nicole Beauchamp, a global real estate adviser and associate broker with Engels & Volkers. “Understanding what elements are negotiable is key.” So, what are those elements? Well, almost everything is potentially negotiable in real... Read more

The business of real estate is always a very delicate one bounded by contracts which is an agreement that is legally enforceable. There are several types of these contracts without which real estate deals cannot go through. Any contract consists of an offer, acceptance, consideration, legal capacity, and legality of purpose. In recent years, translation has become important in the real estate sector because there are more demands to invest in properties around the globe. This has given rise to more bilingual contracts. Bilingual contracts are usually written in two languages. They are more common in China mostly because the Chinese party does not have the necessary English language skills.... Read more