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Posts Tagged ‘Middle’

Article by Taylor White

The Republic of Chile is a narrow and long country in South America, situated between the Pacific Ocean and the Andes Mountains. The coastline of Chile consists of 6,435 km. The land area is 4,300 km long but only 175 km wide on an average. The widest point itself is only 430 km. wide. The total land area is 756,950 sq. km. Easter Island, Robinson Crusoe Island, and Sala y Gomez Island are also under Chilean rule.

The potential of the Chile real estate for sale or Chile rentals had not been fully understood or seized upon by international real estate investors due to lack of knowledge. When foreign investors think of real estate investments in South America, they usually identify themselves with Brazil, Argentina, Ecuador, and Peru. Colombia and Venezuela are considered as areas that should be avoided. However, Chile does not even enter as a topic of discussion among international investors. One major advantage that Chile has over other South American countries is that most citizens are well-conversant in English, which is taught as a second language. Hence, transacting Chile properties listings is comparatively easier. All international investors who show interest in Chile properties are granted immediate visas. If you are able to prove that you have enough income to support yourself, getting a Residency Visa is also quite simple.

In spite of the above advantages, international investors would be well advised to engage the services of a Chile attorney, recommended by people known to you. The attorney would help you with the legal procedures of obtaining Chile properties for sale or Chile rentals without legal hassles. The preparation and execution of Offer and Acceptance Agreement and the Confidentiality Agreement, exercising due diligence about the property and the legal title of ownership of the seller, and the closing procedures would require the help of such an experienced attorney. Financing options for properties in Chile, particularly for foreigners are limited and hence, international properties investors should be prepared for cash transactions. To conclude, Chile real estate listings offer a good scope for significant appreciation in medium and long-term, assuring reasonable profits for international investors.

Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Chile real estate for sale, Chile properties exchanges, and Chile rentals. Chile properties owners, agents, and developers are encouraged to create an account, upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months, free.

How do HomeGain, Realtor.com, Service Magic and other companies like this make money? These companies are called lead generation companies. They spend vast amounts of money advertising on TV, the Internet, radio, and in print so that you’ll go to their website to find information about real estate. When you click on a property and request information the company then either sells the lead at a fee ranging from $20-$50 for an unqualified lead or up to a 35% referral fee for leads that are more valuable.What does the company do for the fee charged? The answer might be pretty surprising. They don’t do anything, but forward the lead to a service provider. Yep, that’s right. You can search the MLS on any number of free websites so the website they provide is little more than a mechanism to get your information. Some people think agents, contractors, or other service providers are overpaid for what they do. Take a look at these companies and ask yourself if forwarding an email is worth $1500 (That’s the commission split they would receive on the sale of a $150,000 home.).Who pays the fees that these companies charge? For the most part, the Realtor, mortgage broker or other service provider pays for these leads. The laws of business provide that you can’t get something for nothing. This is very true. So by adding no value to the transaction and taking up to 35% of the payment for service, the middle-man is taking value from both the consumer and the service provider.Why is this bad for consumers? In real estate like many other service industries, the best Realtors obtain their business through referrals. The weaker, newer, less experienced agents typically buy leads from sources such as these. The next time you visit a site like these lead generators, think twice about giving them your information and go directly to the source. You’ll cut out the middle-man and get a better agent for your hard earned dollar.