Tips for Calculating Home Selling Advertising Costs
Selling a home effectively comes with a cost. Among the expenses you should create a budget for are the expenses for marketing and advertising. The type of advertising campaign you create will affect the success of your home sale, so make sure to use as many channels as possible.Most real estate agents include in their fees the cost of the advertising campaign. When choosing a real estate agent, ask about the advertising and marketing fees as well as the type of strategies the agent plans to implement to sell your home. The advertising methods you may need to pay for include listings in magazines, listings in newspapers, listings online, flyers and brochures, and signage outside your home.For marketing and advertising, expect to pay somewhere between 0.5 to 1% of the total value of your home. This may be a large amount but paying this amount to create the right advertising campaign can attract the right kinds of home buyers.Advertising and marketing can increase the number of people who will be aware of your home sale, yet it is also possible that all those people are not interested or qualified to buy your home. While this is true, it is better compared to no one knowing about your property’s sale.Tips for Calculating Advertising Costs1. Determine Advertising Campaign Layout. Prior to learning about the fees, ask your real estate agent to present an overview of the advertising campaign to be used. The overview should include the plan and the time frame.2. Discuss About Advertising Budget. The costs for advertising are not a set fee. Usually, you can negotiate about the costs with your agent. Both you and your agent can decide on a budget for advertising. Although, the payment for the advertising comes out from the agent’s pockets, you will need to reimburse the money spent. You can ask your agent to itemize the costs in a written format and all outgoing expenses should be approved before implemented.3. Determine how and when the money will be used. Unless specified in the agreement, do not give your agent the budget for advertising upfront. You will want to store this money in a trust account.Depending on the agreement, the advertising expenses can be included in the agent’s commission fee and the commission will only be paid if your home is successfully sold.4. Mostly, you will need to pay for the advertising and marketing expenses whether your home sells or not. As this is mostly the case, you may want to negotiate for a no sale, no fee agreement before signing any contracts.Understand that the goal of an advertising campaign is to present and sell your home. An agent who can come up with a successful marketing campaign can attract the right buyers in a shortest time possible.These are just a few tips to give you an idea on the fees you can negotiate for. The money spent on a good marketing campaign will be worth it. However, you need to take into consideration that there are several effective advertising methods that costs very little.Your main goal is to identify fees associated with selling your house that will give you the most value for your money. When evaluating an advertising campaign, determine if the plan will allow you to get a large return from the money spent on it, know if you can get a higher purchase price as a result or sell your home quicker, and determine if the campaign will allow your property to be exposed to the right buyers.
How to Start Your Online Travel Business: The Best Type of Online Travel Business for You
The industry continues to grow as entrepreneurs like you explore innovative ways to help travelers make the most of their business and leisure trips regardless of their destinations. All successful entrepreneurs began the process of determining the ideal approach to starting their companies by first determining which type of made the most sense for them to pursue.The industry includes five types of online travel businesses:Private Sale: This category includes flash sale, member-only, daily deal, and group-buying travel sites.Tour/Trip Operators: “Trip” is the more accurate term as this category specializes in selling packaged trips to vacationers with no tour operations included.Guides and Activity Providers: As the name states, this group does provide guided tours and other activity guidance during a trip.Online Travel Agencies: Also called OTAs, this group sells everything general travelers need from lodging, air travel, and car rentals to full vacation packages.Brokers: OTBs contract with travel suppliers such as airlines and hotels to represent their businesses and help them sell more of their travel products.Each of these types of online travel businesses is discussed in detail in Module 1 of the Travel Business Academy’s Startup and Growth Program. However, the first category-Private Sale -remains the hottest business model in this space.Private Sale – Private sale sites operate on the premise that consumers look for-and enjoy buying-”act now or lose out” deep-discount deals.Private sale sell travel products such as hotel rooms, cruises, and tours, from big-name travel suppliers that are willing to sell excess inventory at a discount but also need to protect their brand image. Rather than offering incredible deals on their own websites, these suppliers opt to offer them through flash sale, daily deal, or group-buying travel sites.Do private sale or member-only travel sites cater only to exclusive memberships? Not really. Most require some sort of sign-up, sometimes via another member, simply to make their site look more upscale.Social media contributes immensely to the success of private sale online travel websites. Private offerings with exclusive daily or weekly deals, strict deadlines, and significant discounts on high-end travel services such as five-star hotels quickly become hot topics on social media networks, where people love to share the deals they’ve discovered in order to improve their standing with others in their personal circles. Such an easy and free distribution and promotional strategy contributes to sales as well as memberships on the private sale websites that initiated and communicated the offer in the first place.To learn how you can start your own private sale -or to read more about the wide variety of other successful -visit the Travel Business Academy website today.
Select An Online Degree in Finance That Fits Well With Your Current or Upcoming MBA Degree Program
If an online degree in finance is what you are seeking as part of an accredited MBA degree program, you will be pleased to know that there are several options available. This may also be relevant to you if you are considering a concentration in a specific area of business and an understanding of economics is necessary. A real, accredited MBA school will also see value an online finance degree.Two of the least expensive regionally accredited distance MBA programs are at Wayne State and Chadron State. Check out the prices there, which are reasonable considering that studying an online degree in finance is usually one of the more expensive courses.Another option is Xavier University, though not regionally accredited also offers an online degree in finance as a part of their MBA program for less than $3,000 and usually requires these fees paid in around 3 equal installments. This will interest you if you favor a theoretical/practical teaching style rather than an exam-oriented education. But do get a business degree from Xavier University evaluated by a NACES-member (at degree holder’s expense) to confirm how well accepted it would be by US employers.Xavier University is a Caribbean school, so if you do require an RA (regionally accredited) finance degree program, this program may not be for you.You may also wish to consider Amberton University, current tuition for an MBA program with a concentration in finance (an alternative to an online degree in finance?) is less than $1,000 per 3-unit course, whether graduate or undergraduate. The good news is that this includes distance courses i.e. online degrees.A number of online degrees in finance are easily available at a range of costs depending on which school you choose to study with. Always double-check accreditation, actual costs over the term of the degree and what the quality of teaching is like.If you do want to focus on finance and already hold an undergraduate degree, why not consider an online MBA degree program with a concentration on finance or accounting? Mixing and matching modules and units is becoming more popular as colleges seek to attract greater student numbers; this can only be in your interest.Selecting the right finance degree to be studied online isn’t a straightforward task, so it’s better to take your time and choose wisely rather than rushing into things.And whether a degree in finance online is for you or not at this stage, having a general understanding of how the banking system works is arguably of growing importance in a financially strained climate.