Airbnb Host Can’t Remove Guest / Tenant

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The development of online sites such as Airbnb and Craigslist allow home owners a quick and easy way to rent their homes.  Some rent out a bedroom while others rent out an entire home.  Fast money can be made in most cases however there are serious risks too. Take the following situation that occurred in California (reported by Business Insider) as an example. Airbnb Host Can’t Remove Guest A second example currently ongoing in Ocean City on the east cost is when owners are unaware of the local code registrations and laws that govern renting. Ocean City Weekly Rental

In both situations the home owners have serious problems.  When a guest refuses to leave the premises then most owners become highly frustrated and panic as their knowledge in removing a tenant is limited.  The tenant has your personal address and contact information so significant safety concerns are also present.   Calling the local law enforcement in most cases will yield zero results. At this point legal action is the only true option but doing so can produce fairly decent legal bills.

Property management companies have the experience to handle these and other situations.  We carry insurance, understand the local zoning regulations, file and represent owners in court battles, have relationships with the local law enforcement, and NEVER provide home owner information to tenants. The risks are removed from the owner and applied to the company for a very small fee.  Just like life, auto, home, and flood insurance a property management company is the owners leasing insurance.

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Latest Renovation Pics and Progress!

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Our latest renovation is coming along quickly! The living room is getting new sheetrock and the kitchen has some walls removed. Notice the new header in the ceiling. These are required to distribute the load correctly when removing walls.

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Posted in Houston Single Family Homes Sales Data, Investment Property, Renovations, Sugar Land | Leave a comment

5 Tips to Make Moving Home Stress Free

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Here is an article from our friend Luke Peters located in the lovely UK that hopefully will help in removing stress from moving!

Moving

Image Credits @ Iacobus Images

Shifting a house is a stressful and tiresome process that many of us go through and have gone through at least once in our lives. Moving not just involves yourself, but also your personal items that should be delicately handled. Unless you’re a minimalist, moving your personal items is one of the biggest and the most strenuous task you can undergo. Over a lifetime a person accumulates several items that serve various functions. There are several ways that make moving stress free and smooth. Let us talk about the best methods to preserve and protect your items while you relocate them to your new abode.

  1. Advance Planning

If you’re the kind of person who likes the idea of last minute plans, you must know that when it comes to moving a house without any stress or loss of property, it is essential that you plan ahead. Advance planning not only makes things appear organized in the chaos that ensues while the moving, but will also make sure that you do not leave or miss any important personal item and lower the risk of damages.

  1. Build a Checklist

Making a list of items and maintaining a checklist might sound a bit nerdy to some, but it can save yourself from the trouble of remembering your items at the last minute. From item lists, to paying of important bills, changing of addresses and phone numbers etc. should all be included in your checklist to avoid any troubles when the time of moving arrives.

  1. Minimizing Luggage While Keeping Waste To A Bare Minimum

It is important for people to keep their luggage to a bare minimum to avoid troubles like damage in transport etc. Donate the items you do not wish to take with you to the needy, or put it up for sale. Make sure you minimize waste like cardboard and bubble wrap and purge the items that you don’t use. This not just reduces your luggage for a comfortable moving experience but also reduces your impact on the environment by reducing waste.

  1. Choose Your Destination Before Moving

Several times, items like beds and large mirrors cannot be easily relocated to the new destination and can require some advanced moving techniques. Make sure you choose a suitable location that can contain your personal belongings and transportation is not a hassle. Items like huge mirrors, beds and piano etc. might be difficult to relocate. Make sure you talk to the estate agencies like estate agents in Hornchurch and other places in the UK, and provide them with each of your specifications to choose a fitting destination for your personal items.

  1. Choosing Professional Moving Services

To ensure that your personal belongings are delivered to your new home with safety and convenience, one can also hire the services of professional packing and moving services. Choose your packing and moving service carefully and treat them with utmost respect so they respect your belongings. Nevertheless, hiring a packer doesn’t mean that you’re free from the stress. You must ensure that the personnel packs your delicate items and handles them with utmost care. Label the packaged boxes carefully to avoid any last minute mishap.

Moving the home is a time of utter chaos and can be stressful. Children, pets, new neighbors etc. are the various factors that must also be kept in mind while moving. Following the above tips might help you organize and streamline your moving process and provide you with the sense of confidence that you aren’t missing any detail and relieves you of any stress.

Author Bio:

Luke Peters has written several articles on law, real estate, finance and management. He likes to read novels, articles and other literature related to various topics and keeps up with the latest news and developments in the industry.

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Our Latest Renovation Project Located in Sugar Land!

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Found a lovely home with patio views of the private country club Riverbend located in Sugar Land! House can use some TLC and will receive an all new kitchen, floors, bathrooms, windows, and a layout make-over. Budget for this renovation is $50k.

Check back over the next few months for updates! Of course if you wish to own a beautiful home with views of a golf course the home will be available in a few months!Country Club Lifestyle Realty Latest Investment Property and Renovation - Flip Fairview Drive Kitchen Fairview Drive Living Room

Posted in Investment Property, Renovations, Sugar Land | Leave a comment

How Much Should Buyer Expect To Pay Below List Price?

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You have found that perfect home!  It has beautiful landscaping, vaulted and tray ceilings, crown molding, granite bathrooms and a kitchen every chef envies!  So, what do you offer for the home? Every client asks this very question expecting their agent to provide professional and valuable insight.

To be a successful Realtor agents must constantly follow the housing market, utilize various negotiation techniques, and apply tricks to acquire knowledge about sellers and buyers in order to determine the final selling price for a home. Almost every home sold has a final price below the listing price, but on average how much below list should a buyer and seller expect to “seal the deal”?

The market and housing inventory has a large influence on the final sales price of a home. When fewer homes become available some will begin to receive multiple offers.  The difference between the sales price and list price will decrease.  Thus, what values should a buyer or seller expect once negotiations begin?

The Real Estate Center at Texas A&M University considered this very question. The results were extremely interesting.

List Price / Sales Price Spread 1998-2012

List Price / Sales Price Spread 1998-2012

During the dot-com boom of the late 1990′s the average spread between the list and sales price of a home dropped to below 1%. During this era many homes sold above list price. Once the dot-com bubble burst there was an immediate uptick with averages jumping to over 4%.  Eventually this trend started to reverse with the housing boom during the mid 2000′s. However once again the bubble burst resulting in another uptick in the spread with it reaching levels of over 5%.

Over the past several years the spread has once again begun to decline. As previously reported in our market analysis sellers in Houston and surrounding areas are witnessing multiple offers so our prediction for 2014 is an average down near the 2% level locally.

Since actual values fluctuate by neighborhood CCLR advises all buyers and sellers to seek out a licensed Realtor.  They are the best source when determining the actual value of a home.

Posted in Home Values, Houston, Houston Single Family Homes Sales Data, Houston Statistics, Investment Property, Sugar Land | Leave a comment

Celebrate May With A 1% Listing Fee!

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To celebrate Mother’s Day CCLR will be providing a 1% listing fee! To qualify a just sign a listing agreement within the month of May allowing CCLR to utilize our standard professional listing and advertising services to help sell your home. This offer saves 2% off the sales price over your standard Realtor rates. This offer is subject to a maximum of five clients and ends May 31st so act quickly and don’t miss out!

This exclusive rate allows each home owner to receive our standard professional advertising and marketing program for their home including photo’s and a virtual tour from a professional photographer.  Other websites and companies that historically cut back on advertising as their listing fee decreases but not at CCLR!

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Housing Market Status for Houston’s Fort Bend and Harris County!

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The housing and rental markets in Houston have seen significant changes compared to one year prior.  For single family homes every yearly quarter other than the third quarter of 2013 has witnessed an increase in the price/sq.ft. of single family homes. Two quarters observed an incredible 10% rise. As the inventory levels have continued to decrease there has been a subsequent decrease in the amount of time to sell a property with the average now well below two months (60 days). Unless inventory levels begin to rise the current price increases may accelerate to levels seen just prior to the house bubble. While everyone desires increasing home values the large jumps seen currently can end up doing more harm.  We need to see reasonable steady increases!

The rental market has seen an amazing increase in the rental rates over the past year. Similar to sales there were only two quarters since 2011 where the rental rates declined.  In addition the total number of renters has increased over the past two years along with the number of property management companies.  The number of days a rental is on the market has remained relatively constant although there are season fluctuations, but landlords have still successfully sought out higher rental rates. A large majority of these tenants will eventually become first time home buyers but currently with tighter lending practices obtaining a mortgage is far more difficult for the younger generation.

An increase in inventory for sales along with fewer rentals on the market is required to maintain a healthy housing market in and around Houston.

Homes In Sugar Land - Housing Stats

Fort Bend and Harris County Single Family Sales Statistics

 

Homes In Sugar Land - Rental Stats

Fort Bend and Harris County Single Family and Townhome Rental Statistics

 

Posted in Economy, Home Values, Houston, Houston Single Family Homes Sales Data, Houston Statistics, Property Management | Leave a comment