Category: Occupancy Rate

When the owners of houses want to sell their own house without the help of any real estate agent or broker, they are called for sale by owner. The National Association of Realtors did a survey report in 2006 that showed that only 7 percent of all sellers were FSBO. There are a lot of…

“Business problems are like mice – they go unnoticed until they start nibbling your cheese” – and that is when the alarms go off. A tertiary care cardiac healthcare facility which had been functional for the last one decade and doing good business observed a static pattern in its revenue stream even though the hospital…

Lodging at Vail Resorts.  While planning a vacation is exciting, taking care of all the details leading up to it can be rather hectic. There’s booking the airplane tickets, planning the route if you’re driving, packing up all the stuff, and most importantly…  ensuring that you have the best accommodations waiting for you at your…

If you think of a hotel as a well-oiled machinery, with its million little parts functioning together to deliver a seamless experience, a good property management system (PMS) is the heart that keeps the machine beating perfectly. From simple check-ins and check outs to offering sublime experiences based on guest preferences, a good PMS is…

If you are serious about selling your home, selling it on your own in this market, is not the best way to do it. Here’s the brutal truth as to why: In a Buyer’s Market, I have been representing many buyers lately. Most are “First Time Home Buyers”, using FHA loans (that’s who’s doing the…

Many FSBO sellers are told marketing their home for sale by owner is very difficult. The fact is that many FSBO sellers do not approach their attempt to sell in a proactive manner. The goal of any FSBO seller is to get as many buyers as possible to know their home is for sale. The…

One questions many “for sale by owner” sellers ask is “how can I determine if a potential buyer can afford to buy my house?” In the real estate industry this is referred to as “pre-qualifying” a buyer. You might think this is a complex process but in reality it is actually quite simple and only…

For Sale by Owner The toughening home market in Ontario is making it tough for real estate agents to sell any kind of real estate. Scotiabank has reported a slowdown in home resales in 2008 and prices have dropped. It is definitely a buyer’s market as economic growth has slowed, and people are looking to…

Potential and existing For Sale by Owners should take National Association of Realtors (NAR) ongoing rhetoric with a grain of salt. The NAR has a significant stake in how you choose to sell your property – did you know that there is approximately $60 BILLION in real estate commissions paid out annually (up 19 billion…

So you are looking to open a hotel, inn, bed and breakfast or some other form of accommodation business. Like any business you will likely be up against some stiff competition. You therefore have to do everything in your power to stand out in the market and get occupancy rates up to a profitable level.…