How much should a real estate broker spend in marketing a property and in paid advertising out of the total expected commission after the sale? There is no hard and fast rule on how much a real estate broker should spend on marketing a property. It depends on several factors. Include: Type of drug: Luxury properties typically require a larger marketing budget than more affordable properties....

Introduction: Gharar is an important concept in Islamic jurisprudence. Especially when it comes to sales and leasing transactions. Abu Huraira (may Allah be pleased with him) said: "The Messenger of Allah (peace and blessings of Allah be upon him) forbade selling a pebble. And against the sale of gharar" - Narrated by Muslim. What is Gharar? In the language: danger or uncertainty. There's no telling how...

Small distinctions in your pricing strategy can have a big impact on your customers' value perceptions. In this post. We explore the concept of odd-even pricing, and the psychological grip it has on shoppers. Contents: What is odd-even pricing? Does odd-even pricing work? How to Master Odd-even Pricing Which companies use odd-even pricing? Should you use odd-even pricing? What is odd-even...

Small distinctions in your pricing strategy can have a big impact on your customers' value perceptions. In this post. We explore the concept of odd-even pricing, and the psychological grip it has on shoppers. Contents: What is odd-even pricing? Does odd-even pricing work? How to Master Odd-even Pricing Which companies use odd-even pricing? Should you use odd-even pricing? What is odd-even...

How to price your home for sale Most people who want to sell their home wonder how best to price it. At what price should you list your home for sale to attract serious buyers quickly? It's important to think about how people search for homes these days. Let's say you price it at SAR 299K. Okay. This house will show up in Google search when someone makes its top price 300k SAR. But you will lose buyers...

The best way to display a property at a specific price in an ad depends on several factors. From them: The market value of the property: The asking price should be close to the market value of the property. This is to get the attention of potential buyers. Local factors: Local factors should be considered. such as the state of the real estate market in the region. and prices of similar properties in...

Valuing real estate using the cost method Data Location of the property: The property is located in Jeddah. It is an economically and commercially active city. Property areas: The land area is 625 square meters. The total building area is 500 square meters. The wall is 100 meters long. Basement area of 200 square meters. Property condition: 15 years old. It's a middle age. Features of the villa:...

The cost method of real estate valuation is a real estate valuation method that relies on estimating the cost of building, replacing, or renovating a property. This method is mainly used to value real estate that has no comparable sales in the market. such as new or newly remodeled properties. According to international evaluation standards. The cost approach to real estate valuation is defined...

The importance of the north facade in real estate The northern facade plays an important role in the value of the property. Especially in hot climates. The northern facade receives less direct sunlight than the southern facade. making it cooler in summer and warmer in winter. This provides a more comfortable living environment. and leads to significant savings on energy bills. It helps maintain the value...

Real estate appraisal is a very important process when buying or selling a condominium. An apartment appraisal can be helpful to determine the fair value of the property and make informed decisions. In this article. We'll go through the steps of appraising a condo using the market method. 1. Collecting information The first step in evaluating an apartment is to gather the necessary information. You should...