Tag: Property

  • Simple Strategies To Grow Your Real Estate Business

    Simple Strategies To Grow Your Real Estate Business

    With emerging technology and new features present in many homes, it’s evident that the real estate industry is rapidly evolving. Indeed, statistics reveal that the average price of newly listed homes has increased by 13.5%, indicating an increasing demand in the real estate market. As such, if you’re a real estate business owner, it’s essential to adopt new strategies to explore the opportunities in the market and grow your business. Are you wondering how to build your real estate business without spending a fortune? Here are some practical ways worth considering. 


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    1. Ask for referrals

    Referrals are one of the most simple but vital strategies for growing your real estate business. Your business can attract more sales through referrals, as your customers spread positive reviews about you. You’re more likely to attract the kind of customers you want through referrals, as positive word-of-mouth marketing has proven to be a reliable source of information for potential clients. 

    There are many ways by which you can gain referrals from your clients. You can use your website through calls to action in the content you publish. You can also develop competitive strategies to motivate your competitors. For instance, as a real estate business owner, providing clients with affordable apartments will compel them to refer your real estate business to others. You may also use other strategies, such as offering gifts to every client for referrals. 

    As you seek more referrals, remember providing excellent customer service and letting your work speak for you is vital. This way, your satisfied customers will tell others about their experience you’ve had, which can be very valuable to your business.

    1. Target the vacation rental market

    As a real estate owner, another way to grow your business is by targeting the vacation rental market. You can target areas or locations most tourists visit, leveraging the traffic and attracting customers to rent your apartments and spaces during that period. It’s also advisable to create an effective vacation rental plan and make your accommodation relatively affordable to still be in the market even during off-peak seasons. 

    1. Invest in professional development.

    To grow in your real estate business, you need to look for ways to stay relevant in the sector and deliver to your client’s satisfaction. Real estate goes beyond getting apartments and giving them out. Your communication and quality of work are also integral factors to the success of your business. As such, it would help if you constantly found ways to develop yourself and your business. You can start by attending informative seminars on topics relevant to your industry. Doing this will help empower you and give you a competitive edge. It will also help you keep up with the constantly changing trends in the real estate business. 

    1. Build your brand online

    A solid online brand can prove beneficial to your business’ growth. It’s important to take advantage of all your social media platforms to get the attention of both your current and prospective clients. Social media platforms such as Facebook and Instagram allow you to display your facilities and tell your target audience a story using pictures. Technology has become an advantageous tool for all businesses, including real estate, and it’s essential to take advantage of it for your company.

    1. Make great contacts

    Real estate businesses depend on word of mouth significantly to help expand their client base and meet new people. Being able to network and connect with others is important, and networking can also help keep you connected to the industry. Get to know people from all aspects of the industry, from developers to architects. Industry leaders like David DeQuattro are valuable sources of information who can help you learn more about architecture and real estate, enhancing your knowledge to help you expand your business. Put yourself out there to help you make new contacts and expand your horizons.

    Building a successful real estate business takes consistency and time. Applying the tips listed above will help position your business for growth.


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  • Adding Property Value: 5 Ways to Increase Equity

    Adding Property Value: 5 Ways to Increase Equity

    To add value and purpose to your property might seem like a daunting task, but it doesn’t have to be. Many homeowners are surprised to find that there are a number of simple and effective ways to add value and purpose to their homes. This article will provide you with five different ways to increase your home equity to empower future opportunities.

    1) Add Energy Efficient Features 

    One of the best ways to add value and purpose to your property is to make it more energy efficient. Homebuyers are increasingly looking for homes that will help them save money on their utility bills. Adding features such as solar panels, energy-efficient windows, and insulation can help make your home more attractive to potential buyers. Not only will you be able to sell your home for a higher price, but you’ll also be doing your part to help the environment.

    2) Renovate key areas of the home 

    Another great way to add value to your property is by renovating key areas of the home. Buyers are often willing to pay more for a home that has been well-maintained. If you’re considering selling your home soon, it’s a good idea to invest in some renovations. Bathrooms and kitchens are two of the most important rooms in the house, so it’s always a good idea to focus on these areas first. Don’t forget that even minor updates can make a big difference. Updating your appliances, painting the walls, or even just decluttering can give your home a fresh and inviting look that buyers will love. Finally, don’t forget how reformatting your exterior space can help with curb appeal, sometimes using an excavation company to provide the staging for better landscaping or new foundations, or reimplementing a driveway for better water runoff can make such a tremendous difference.

    3) Expand your property 

    If you have the land, another great way to add value and purpose to your property is by expanding it. Adding an extra room, garage, or even just a deck or patio can make your home more attractive to potential buyers. Granny flats are also becoming increasingly popular, so if you have the space, this is definitely something to consider. Not only will expanding your property add value, but it will also give you more room to enjoy your home. A1 Granny Flats are specialists that can help you with your granny flat needs.

    4) Turn your home into a smart home 

    Another great way to add value and purpose to your property is by turning it into a smart home. Smart homes are becoming increasingly popular as they offer homeowners a number of advantages. From energy savings to enhanced security, there are many reasons why buyers are looking for homes with smart features. However, if you’re not sure where to start, there are plenty of resources available online that can help you get started.

    5) Improve the landscape 

    The final way to add value and purpose to your property is by improving the landscape. Buyers are often willing to pay more for a home that has been well-maintained. So if you’re thinking about selling your home in the near future, it’s a good idea to invest in some landscaping. Even simple updates, such as planting flowers or trimming the lawn, can make a big difference. Not only will you be able to sell your home for a higher price, but you’ll also be able to enjoy your home more while you’re living there.

    As you can see, there are a number of different ways to add value and purpose to your property. 


  • Eight Tips To Choosing A Company For Your Business Maintenance

    Eight Tips To Choosing A Company For Your Business Maintenance

    If you own a commercial property, chances are good that you’ve had to deal with repair and maintenance issues at some point. Unfortunately, whether it is a broken window or a clogged drain, these problems can be both expensive and time-consuming to fix.

    That’s why more and more business owners are choosing to outsource their repair and maintenance needs to professional companies. By doing so, they can save both money and time while still ensuring that their property is in top condition.

    So if you’re considering outsourcing your commercial property’s repair and maintenance, what are some things you should keep in mind? 

    Here Are Eight Tips To Get You Started:

    1. Choose a reputable company: 

    When it comes to something as important as your commercial property, you want to make sure you’re working with a reputable and reliable company such as The Patch Boys. So, research online and read customer reviews to get a sense of what others have experienced. In addition, be sure to ask the company for references that you can contact.

    2. Get a detailed estimate: 

    Once you’ve found a few companies you’re interested in working with, be sure to get detailed estimates from each one. This will help you compare costs and ensure that you’re getting the best value for your money.

    3. Ask about their experience: 

    It is also important to ask about a company’s experience in dealing with commercial properties. Make sure they have the knowledge and skills necessary to handle any repair or maintenance issue that might come up.

    4. Understand the scope of work: 

    Before you hire a company, be sure to understand exactly what they’ll be doing and how long it will take. Then, ask for a detailed written proposal that outlines all of the work that will be performed. This way, there are no surprises down the road.

    5. Negotiate: 

    Don’t be afraid to negotiate with commercial repair and maintenance companies. Remember, you’re the one in charge, so if you don’t like their terms, don’t be afraid to ask for something better.


    6. Get everything in writing: 

    Finally, make sure you get everything in writing. This includes the cost of services, the scope of work, and any warranties or guarantees that are offered. In addition, be sure to keep all receipts and documentation in case you need to file a claim later on.

    7. Review their contract: 

    Finally, before you sign any contract, be sure to review it carefully. This will help you understand what services you’re paying for and what your rights are if something goes wrong.

    8. Follow up: 

    After the work is completed, be sure to follow up with the company to make sure you’re happy with the results. If not, don’t hesitate to ask for changes or request a refund. 

    Final Thoughts

    By following these tips, you can be sure that you’re making the best decision for your commercial property when it comes to outsourcing its repair and maintenance. So why wait? Get started today and see the difference it makes.


  • 3 Key Factors Affecting The Real Estate Market

    3 Key Factors Affecting The Real Estate Market

    With the global economic impact of the pandemic, you would have thought that the real estate market would have taken a nose-dive. On the contrary, the gains made in the period and two years later prove that the sector appreciated and real estate investors made impressive gains. For example, in the UK, real estate prices rose by 8% from April 2020 to March 2022. There are some influencing elements that account for this and the sector in general. The following are key factors affecting the real estate market.

    1. Availability of mortgage finance

    A major economic tool used to predict future borrowing is mortgage approvals. In the UK, this fell from 65,681 to 63,726 within one month (May to June 2022). This means that the number of mortgage approvals for real estate purchases has reduced. Whenever this happens, it poses a huge disadvantage to first-time buyers who must go through the mill to get approved. Real estate expert Armand Candea stated that the affordability crisis is an issue first-time buyers face.

    The era of stricter lending has been an issue of concern in the United Kingdom, and people can only hope it gets better. Thankfully, with resources like Loan to Value (LTV) loans, first-time buyers may not have to stress about the availability of mortgage finance. Additionally, they will have the increased advantage of owning a real estate property. According to data, the value of owed mortgage loans stood at £1,630.5 billion in March 2022. If that is anything to go by, it means a possibility of stricter lending, which will have a ripple effect on the availability of mortgage finance. 

    2. Demographics

    Factors like age, race, income, gender, population growth, and migration patterns influence the real estate sector. Other elements are crime risk in a specific location and quality of education play a significant role in what has become known as demographics. 

    In the United Kingdom and everywhere else, significant demographic changes can influence real estate trends for a long period. For instance, when the UK housing crisis peaked in 2016, then Prime Minister, Theresa May, announced that one-third of the problem stemmed from immigration. Indeed, she was right, and her comment only proves that shifting demographics can significantly affect the real estate market.


    3. Interest rates

    For many real estate investors and buyers, the interest rate subject is a lifelong love-hate relationship in the sector. Any change in interest rate can significantly impact your buying power. When it goes low, demand on the market is higher, which shows in the cost of obtaining a mortgage. It works the opposite way when interest rates go up. Indeed, a continuous cycle of ups and downs goes a long way toward determining what happens in the real estate market.

    However, if you are interested in real estate and are considering investing, it would be best to learn the dynamics first. It is worthwhile to be better informed, especially regarding money matters. These tips are a few to get you started.

  • Increasing Real Estate Rental Investment Profits

    Increasing Real Estate Rental Investment Profits

    Investing in the real estate rental market is one of the most stable ways to earn an income right now. It is possible to see strong and steady returns on your investments with often minimal effort on your part, which is why it is such an attractive prospect for many.

    If you have recently invested in real estate and you are looking at ways to increase your profits even further, here are a few things you might want to do:

    Raise the rent

    It’s an obvious point, but if you raise the rent, you can instantly increase your income. Of course, you need to be fair and you should only raise the rent when the market has changed and you can command more money for that specific property in that specific location, but that is why it is so important you review all of the rents for all of your real estate properties at least once each year. You need to know your properties’ worth.

    Buy fixtures and fittings in bulk

    If you own multiple rental properties, you will need to keep them in a good state of repair to comply with regulations and ensure you can maximize your rental yield. This can get expensive, but one thing you can do to lower costs and increase profits is to buy things like a new intercom for apartment buildings or new kitchen sinks in bulk., When you do this, you will more often than not, be able to access a significant discount which will help you to turn over more money at the end of the year.

    Install additional moneymakers

    If, for example, you own an apartment complex or a multiplex or any real estate that offers multiple occupancy installing extra moneymakers such as an onsite laundry facility, which is operated by coins, for example, an ice machine, beverage vendors, and things like that, can give you an additional income without very much additional outlay, and although it won’t earn you as much as the buildings themselves, you will be surprised at just how much you can earn by doing this.

    Build relationships with a contractor

    If you can find a reliable contractor, do what you can to build a strong relationship with him and his team, and ideally make him your exclusive contractor for any work that needs doing. If you can come to this kind of arrangement, then chances are you will be able to negotiate a much better deal for all of the maintenance and repair work you need to do over the years, saving your potentially tens of thousands of dollars in the process, and guaranteeing the contractor plenty of work into the bargain too.

    Accept pets

    If you accept pets in your properties, you can often charge a premium for doing so, which means you can earn more without any real effort on your part at all, and provide homes for people who have animals in their lives too.

    As you can see, there are numerous things you can do to increase real estate rental profits, all that remains is to implement the above strategies and start reaping the rewards.

  • 3 Ways To Protect Your Team At Work

    3 Ways To Protect Your Team At Work

    Your team contributes massively towards your business success, so you need to take the necessary steps to protect them while they work. There are various risks and dangers that can lead to illness or injury in the workplace, so it’s vital that you take the time to protect your team as best as you can. Fortunately this guide contains 3 of the most effective methods that you can pursue to help protect your team, so read on to discover more!

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    Promote Fire Safety 

    The first step that you should take to protect your staff needs to focus on fire safety, as the risks associated with a blaze can be fatal. You need to implement a range of fire safety techniques to protect your team properly, including providing easy access to fire retardant blankets, fire extinguishers and clear fire exit routes which are signposted and within easy reach no matter where your staff might be. A blaze is a huge danger that would put your team at risk of various injuries and illnesses, so it’s your responsibility to minimize and control this risk as best as you can. Make sure you go through regular fire safety drills to show your team how to get out quickly in the event of a blaze, as you need to have confidence that your staff know exactly what to do if they smell smoke or spot flames. 

    Have A First Aid Kit 

    Next up, it’s time to get a brilliant first aid kit that contains a vast array of different medical items to help minimize the effects of multiple injuries and illnesses and their associated symptoms. A first aid kit that contains medical wipes, plasters and bandages, pain relief, hot and cold packs from accurategelpacks.com and a range of other essential items will be of real benefit whenever you find yourself in a painful situation, as you can help to reduce the effects of their injury or illness by offering the appropriate first aid in the fastest time. Leaving an injury or illness to fester will only make it worse, so having a good first aid kit on hand can really help you to protect you team. 

    Install A Camera System 

    Lastly, installing a camera system is another excellent way to help you protect your team while they are in the workplace. A camera system can help you to monitor risks both inside and outside of your business, so you can keep an eye on your team and make sure they are ok while ensuring no potentially dangerous risks are lurking outside or elsewhere. Anything could happen to your team, and if no one is there with them then they may not get the attention they need! However, if you have a camera system that you check regularly, you would be able to identify their need for assistance and run to their aid. 

    When installing a camera system you should talk to access control installers to double up on security measures. They can guide you on the best locations for cameras to ensure maximum coverage and minimal blind spots. Additionally, integrating your camera system with other security measures like access control can provide a comprehensive safety net. It’s not just about catching potential threats but also about creating an environment where your team feels safe and watched over. 

    Protecting your team at work has never been so simple when you can take the time to utilize the excellent ideas detailed above!

  • Buying A Home or Investment Made Simple

    Buying A Home or Investment Made Simple

    A lot of people are keen to make sure that they can buy a home at some point in the near future. If that is something that you want to be able to do, then there are a lot of considerations that you might want to bear in mind to ensure that you can do so as quickly and easily as possible. As it happens, some of these might not be immediately obvious, so it can be helpful to look into them as appropriate right off the bat. Here are some of those in detail right now, so you can know what you might need to do to make buying a home a lot simpler.

    Assess Your Situation

    The first thing to do when you have had the idea of buying a home or investment is to assess your financial situation. You need to make sure that you are in the best possible position before you even get into how to buy a home and looking for which one to buy. As long as you are doing this, it’s going to be a lot easier to ensure that you can make the right decisions and ultimately get the home that you are looking for, so it’s vital that you are doing this properly and with the right amount of effort and attention.

    Try To Get Pre-Approved

    When it comes to the home loan, it’s a wise move to try and get pre-approved for it before you put the deposit down on some property. That is a great way to keep your finances safe as you go to buy property, and it’s something that a lot of people are going to be very keen to ensure that they are trying out. Getting pre-approved in this manner is a really important thing that you are definitely going to find useful, so make sure you look into it at your earliest convenience. You will find that it makes everything much less stressful.

    Start Cheap

    You should also consider starting off by buying a relatively cheap property, as this is going to make it a lot easier to get onto the property ladder and ultimately get to a place where you are happy with where you are at. You might want to look at providers such as Top Notch Homes, as they offer affordable homes which can help you to get on the property ladder as soon as possible. That is definitely a wise move to make if you just want to ensure that you are getting your property in place.

    Hire A Property Sourcing Consultant

    Having someone that has already gone through the process of buying and selling real estate in their own right is highly advantageous. This can be found by hiring a property sourcing consultant, they will ask the right property sourcing questions so that you get exactly what you are looking for. Sometimes properties that are below market value when it comes to starting cheap are not on the open market through a traditional real estate agent. Remember that any seller that is purchasing through an agent wants an optimum price for their home.

    Hire An Agent

    Having a real estate agent can be hugely helpful in a number of ways, and it’s something that you are going to want to think about if you are keen to ensure that you are buying a home in as simple a way as possible. Real estate agents will be able to help you in finding exactly the right home for you, so that is something that you should definitely seek out.


  • How To Buy Personal Real Estate With 5 Tips

    How To Buy Personal Real Estate With 5 Tips

    There are all kinds of things you will want to consider when buying the real estate that your family will call home. The problem is that far too many get caught up in the small or cosmetic details of the purchase and search that they forget the primary needs of the family in the process. Keep the following things in mind when considering real estate purchases and you are much more likely to be happy with your decision a few years down the road. 

    1. Size. When it comes to real estate size really does matter. The problem is that it matters differently for different people. Those that are ageing and whose families have left home would do well in smaller properties that required lower maintenance. Those with growing families need room to grow not only inside the house but also outside the home. If you have 5 children you do not want to be crowding them into 2 bedrooms nor do you need five bedrooms (unless you want them of course) if you are a confirmed bachelor. Size is an important consideration when deciding on a house that will meet the needs of you and/or your family.
    2. Neighbourhood. This is important for everyone. No one wants to buy a home in an area where they do not feel safe. At the same time, most people also do not want to live in a neighbourhood that is just entering into or on the verge of a state of decline. Remember that a home for the most part is a 30-year commitment you want to make that commitment in an area that is slated for growth rather than decline.
    3. Property Value. The value of your property is what makes real estate an investment. The general idea is that in the 30-year period you are making the payments on your home the value of the home will experience a slow but steady increase. If the area you are considering for your real estate purchase has experienced a couple of years of the declining property value you may want to find out the cause before making the investment and placing your family in that area. It could be an indicator of potential decline.
    4. School District. This is typically only a consideration for those who either have children or are planning to have children. For those, however, it is a very important consideration. Most school districts around the country are determined by the neighbourhood in which you live.
    5. Cost. This is a very important consideration for most people who are searching for a home. Obviously, you want the best possible value for your money but you should take care that you do not find yourself slaving away to merely eke out your house note each and every month. You need to be able to live comfortably within your means along with your house payment in order to have the best possible real estate situation.

    Of course there are other common considerations that should be taken into account. Among those are the condition of the home, the number of similar families in the area, and the closeness of the area to other conveniences such as stores, work, and entertainment. All of these things add up to a deep satisfaction in the home you have chosen or growing discontent over the years.

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  • 9 Ways A Gold Plan Increases Your Wealth

    There are many methods for building fortunes in the world today. One of the most accessible even for the common entrepreneur however is real estate investing. Real estate is a great strategy for the investor who is willing to take the time to learn about the options, risks, and potential rewards for this type of investment process. If you are a new or existing real estate investor, there are 9 ways you can increase your wealth by joining Real Estate Investors ClubGOLD online membership plan, which are highlighted in this blog post

    Investing Manual

    The Real Estate Investing guide will provide you with the information you need to get you on the road to acquiring wealth. When you join the Real Estate Investors Club you’ll have instant access to this guide that is updated with member information that empowers others in the tribe. Join GOLD today

    Profitable Techniques

    Making money in real estate is forever a topic for those who would like to invest. This includes many of the different types of real estate investments (land, apartment buildings, houses, commercial buildings etc.). Real estate gurus make their riches off of the 1 in 100 deals sometimes. These types of deals often make more for investors than most individuals earn in a year or even a whole lifetime for larger commercial properties. You are able to do this as often as a few times per month if you’re willing to work at using proven Profitable Techniques and strong marketing principles. In this audio course you will hear about proven and true concepts that can help you to make money from real estate. Join GOLD today to access this digital asset that you can action and progress on where ever you are in the world.

    101 Selling Tips

    Thinking about selling your house without a real estate agent? Get armed with insider tips, tricks, and tactics For selling your home fast for the best price possible!

    Selling your house all by yourself won’t be a nightmare if you follow the right information from the get-go. Make sure to get access to 101 Tips For Selling Your Home (or Investment Property) without a real estate agent saving you thousands in commissions! Find out how you can start the process armed with the tips, tricks, and tactics of the pros. Join GOLD today

    Negotiating For Deals

    The ability to negotiate is a skill that everyone should have. With the ability to negotiate you can take charge of your life, your finances and your destiny. If you feel that others are simply born with the skill to negotiate, you should know that everyone can learn this wonderful skill. Introducing Negotiating For Deals a Real Estate Investors Club asset for members access. Join GOLD

    House Flipping Tips

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    Plus in this member digital assets you’ll also get access to house flipping information you can use to make any house flipping business profitable. Written in plain English “House Flipping Basics” will help answer all the questions you may have in order to make an intelligent decision about whether to pursue this as a legitimate opportunity! The purpose of the guide is to give you an over view of buying property to fix up as well as provide you with information about the different steps you need to take to hit the road and get started. Get access to House Flipping Software plus Guide and Join GOLD today

    Interior Decorating Guide

    Discover how to expertly design and decorate your home or investment property with access to audio and content.

    Using the tools in Interior Decorating Guide, learn how you can decorate the interior of your home or investment just like a professional would, on any budget, and save money while you do it. Join GOLD today

    Investor Community

    The GOLD Investor Community Access provides an online community for support and guidance to build cashflow from real estate assets, increase equity and empower generational wealth for Gold members only. Join GOLD today

    Networking & Brainstorming

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  • Perks to Retain Tenants

    Perks to Retain Tenants

    What tenant wouldn’t love the allure of high-speed Internet and a computer of their very own? This is one of many incentives that investors and property owners are offering in order to retain or reward long term tenants. There are other rewards that are just as effective and cost property owners a little less in order to keep the tenants such as gift cards to restaurants after the renewal of a lease or gift cards at furniture stores for lengthening an existing lease. Savvy investors realise that an empty house, apartment, mobile home, etc. is money that is being lost each month that these sit empty. 

    The same savvy investors also realise that by keeping tenants longer they are often able to prolong the installation of new carpet, new paint, and other cosmetic repairs that are often required when a dwelling is turned over. In addition to the costs of these repairs there is also the time problems of these repairs as many of these cannot be completed in the course of a day or two and leave the apartment out of commission for at least a week if not longer. Bottom line is that the time the apartment sits empty is essential income that is lost. 

    If you do have an empty apartment or house there are things you can do in order to entice renters to sign a lease. One thing that many potential tenants find appealing is offering to allow them to select the color scheme for the walls and flooring. Too many rental units permit only white walls to their tenants. Imagine the benefits of not only allowing them to have walls in designer colors but also doing the work for them. This is a great incentive to many renters who love the idea of the final look but not necessarily the expense or work involved in creating that look. The ability to have the colors of choice when moving in is a huge bonus to many renters that should not be neglected or overlooked.

    Another thing that tenants find helpful and appreciate in a rental property are the little luxuries such as a dishwasher, garbage/rubbish disposal, built-in microwave, washing machine, or dryer. These things are luxuries that many find is well worth signing a longer lease and even paying a little extra for each month. Garages and carports are another great bonus to potential tenants if you have the facilities to provide this. There are other enhancements you can make to a property that makes it more appealing to long-term tenants. Some of these would include ceiling fans, a fenced-in yard for children or pets, and free cable television. It is the little touches that often appeal to renters and you will be amazed at the difference they make.

    By offering your tenants something that every other landlord in the area is failing to offer you are standing out from the rest. You are also creating a ‘spoiled’ tenant who isn’t going to be content with what the other landlords have to offer when the time to renew the lease comes around. For this reason, he or she is likely to stick around for yet another six months or year until the new lease expires, at which time you, as the savvy investor you are, can convince them to once again name their price for staying and offer yet another beautiful incentive in order to keep your clients happy and in place. 


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    Lena Benjamin, Property Consultant

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