It’s Not About The Listing Price, But The Amount Of The SALE!

In my, over 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I have often witnessed, homeowners, considering selling their homes, and considering, hiring the real estate agent, who might, best serve and represent, their needs, and requirements, who, were overly influenced, by someone’s suggested, listing price! Instead of focusing on what it might sell, for, they often, seemed to fail, to realize, there is a big difference, between a proposed, initial price (offered, and listed – at), and the final price, of the SALE! With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, using the mnemonic approach, what this means and represents, and, why it’s relevant and important, to the home – seller.

1. Strengths; selling; system; solutions; strategy: Sometimes, an initial listing price, is a well – considered, strategic move, based on something, specific to the property, or current real estate market! How does this particular house, compare, to its actual competition, in the specific area, and home – style/ size? How might one best market and represent it, in order to maximize the impact the strengths, while minimizing and addressing, areas of weakness! Is there a well – considered, system, which thoroughly examines these details? The strategy must focus on the final solutions, and achieving, the best possible price, in the shortest period of time, with a minimum of hassle!

2. Attitude; aptitude; attention; actions; astute: Hire an agent, with a positive, can – do, attitude, and the well – developed, aptitude, and skill – set, which will best serve you, and your needs, goals, and personal priorities! He must exhibit astute behavior and foresight, while paying keen attention, to the bigger – picture, and proactively, take the right actions, which create meaningful positive results!

3. Listen; learn; lessons: If a homeowner is capable of learning the lessons, from those, who previously, went through, this, often – stressful, process, and period, there are fewer surprises! Hire an agent who will listen to your specific situation, learn from you, and his experience, and proceed, in the best way, for you!

4. Entire; emphasis; empathy; efforts; endurance; excellence: You need someone, who looks at the bigger, entire picture, and focuses, on getting you, the finest price, and terms, for your personal situation! When he proceeds, with the utmost degree of genuine empathy, and places his emphasis, accordingly, while using his best efforts, the homeowner benefits! Since, there are often, many obstacles, and challenges, throughout the process, the finest agent, proceeds with endurance, to persist, when others, give – up! Never settle for good – enough, but he must demand his utmost degree of personal excellence, consistently, and always!

It’s not the price, it’s listed for, but the amount of the final SALE! Since, for most people, the value of their house, represents, their single – biggest, financial asset, doesn’t that make sense?

Immobilienmakler Heidelberg

Makler Heidelberg

The Benefits of Having an Energy Star Certified House

For two decades, the Environmental Protection Agency (EPA) is pushing energy-efficiency in homes. From this, the Energy Star in new homes was conceptualized. It aims to prevent pollution of the air while at the same time giving homes the much-needed adjustments towards energy efficiency.

For home buyers who are on the hunt for their dream homes, it is very important to look for Energy Star compliant homes. While the prices may be higher than homes established right before its implementation, buyers are guaranteed to save along the way from the prices slashed on energy costs.

And because going green is an in thing, those who invest in Energy Star homes are also assured of profits when they choose to sell them.

New construction homes are also required to follow new building codes. These requirements are also in line with the energy-efficiency methods prescribed by EPA.

How about appliances that you’ll be putting in your new homes?

You don’t have to worry too. Appliances manufacturers are also following Energy Star prescriptions. Thus, when shopping for TV, refrigerator, aircon, or any other home appliance you want to add in your new home, just look for the Energy Star sign. With this, you are assured that they are more energy-efficient than same appliances without such compliance tags.

Any other benefits, aside from less operating costs on monthly basis?

New construction homes that comply with Energy Star have added benefits. Given that the design is geared to cut energy costs, you can be assured that during warm months, the windows can give entry to natural and cool air. During cold months, the added insulation can provide heat and in fact trap the warm air circulating inside the house.

Another benefit that comes with Energy Star homes is the improved air quality inside the house. The ducts are made sure to be tightly sealed. They prevent air pollutants and even pests from finding their ways into the house. An improved indoor air quality is beneficial to the health – especially to those who have respiratory conditions.

If you are indeed a first time home buyer and you need the help of mortgage lenders, choosing Energy Star homes is quite a good choice. Many lenders are favoring these homes and within your locality, you might just be able to score one with lower origination fees.

If you are considering of buying an energy-efficient home, tapping the aid of your local real estate agent can help you a lot.

Immobilienmakler Heidelberg

Makler Heidelberg

Healthy Living Ensured for Pregnant Couples Through HUD Housing Assistance

If you are pregnant and if you do not have a proper housing facility to dwell, this could be a matter of concern for you. This is because a safe and secure housing is a foremost necessity for you and your unborn baby. However, pregnant couples can find themselves a safe housing facility through a housing assistance program. This housing assistance comes from different Federal Government funded grant programs. Keep in mind that the housing assistance does not come from the Federal Government itself. But many grant-making agencies such as action community agencies and non-profit organizations participate in giving out the housing assistance to the qualified and eligible pregnant couples. Housing grants for pregnant couples can comprise immediate shelter assistance, housing for longer times and home-ownership programs.

During pregnancy, in order to get housing assistance, you must bring your immediate shelter needs to the concerned authority. These authorities can be county, non-profit organization and charitable organizations sponsored by the federal government. As a pregnant couple, you can visit pregnancyandchildren.com and womensshelter.org sites to get information on immediate shelters for pregnant women.

Though government assistance is a time-consuming matter, housing assistance for pregnant couples from the federal government can be of a great relief for you. Once you are determined eligible, you can receive various financial assistance to meet your housing needs. Amongst different housing grants regulated by the federal or state government, Temporary Cash Assistance for pregnant couples in the immediate needs of housing may help. On the other hand, while exercising the benefits of instant, medium and long-term pregnancy shelter under this program, take advantage of the Temporary Cash Assistance for Needy Families (TANF) program. Besides addressing your housing requirements, taking care of your essentials like food, clothing, medicines during your pregnancy is an important responsibility of TANF. Every state in the U.S administers the grant program, hence; applying for the program through your state organization will not be a tough chore. Benefits under this program can be available for 5 years.

Section 8 Housing Choice Voucher (HCV) Program is considered one of the effective housing assistance programs for pregnant couples in the U.S. This program is administered by the federal government under the U.S Department of Housing and Urban Development. Considering housing assistance for pregnant couples, you can receive monthly housing choice voucher to afford a safe, decent and sanitary housing facility in the private market. Any individuals from low-income or very-low-income households can benefit from the program. With cash vouchers easily available from HUD, you can choose your housing from single-family homes to apartments to townhouses. However, remember that the housing facility must meet the living and safety standard as mentioned by HUD while house hunting in the private market.

How to Apply for Housing Choice Assistance

You can visit the Housing Choice Voucher program website to register your application. In this regard, your state HUD office can assist with housing. Once you are found eligible, you can receive grants for housing. Hence, with a safe and decent housing facility, you can ensure safety and security for your baby and you as well.

Immobilienmakler Heidelberg

Makler Heidelberg

Bluestone Creek in Warrington, Pennsylvania – Faber Realty

Bluestone Creek in Warrington, Pennsylvania is a delightful 55+ network encompassed by trees. This dynamic grown-up enclave of low-support homes is a comfortable network with a genuine neighborhood feel in notable Bucks County. Bluestone Creek’s occupants carry on with a joyful way of life alongside neighbors and new companions who share similar interests and leisure activities.

Civilities incorporate a private clubhouse furnished with wellness focus, gazebo,

and tree-lined strolling trails. Bluestone Creek in Warrington, Pennsylvania could be a pleasant 55+ network encompassed by trees. This dynamic grown-up dominion of low-support homes could be a comfy network with a real neighborhood feel in notable greenbacks County. Bluestone Creek’s occupants stick with it with a joyful means of life aboard neighbors and new companions WHO share similar interests and leisure activities. Civilities incorporate a non-public club equipped wellbeing focus, gazebo, and tree-lined strolling trails.

Bluestone Creek homes, 55+ Community in Pennsylvania. Faber Realty provides real estate service in Warminster, Warrington, Warwick, Northampton area. Purchasing a house is an energizing and complex experience. It can likewise be an extremely tedious and exorbitant one in case you’re not acquainted with all parts of the procedure and don’t have all the best data and assets within reach. One of my fortes is speaking to the best advantages of WARMINSTER TOWNSHIP region purchasers all through the home purchasing process.

It’s imperative that you pick an accomplished specialist who is there for you. Your specialist ought to be currently discovering you potential homes, keeping you educated of the whole procedure, arranging irately on your benefit, and noting the greater part of your inquiries with ability and speed.

To start with, discover an operator who speaks to you and not the vendor. This is valuable amid the arrangement procedure. In the event that you are working with a purchaser’s operator, he or she is required not to tell the dealer of your best decision. What’s more, he or she is additionally centered around getting you the most minimal asking cost.

Likewise, when you utilize a purchaser’s specialist, you will see more properties. In addition to the fact that they are connected to their Multiple Listing Service, yet they are likewise currently discovering homes that are recorded as FSBO, or homes that merchants are considering posting.

My far-reaching, top-notch administrations can spare you time and cash, and also make the experience more agreeable and less unpleasant. In case you’re similar to a great many people, purchasing a house is the greatest venture you will ever make. So whether you’re purchasing a starter home, your fantasy home or a venture property, why not exploit my experience as a neighborhood advertise master for WARMINSTER TOWNSHIP, WARRINGTON TOWNSHIP, WARWICK TOWNSHIP

Immobilienmakler Heidelberg

Makler Heidelberg

The Characteristics Of The Real Estate Market

The real estate market is the economic sector that involves the buying and selling of infrastructure such as buildings either for residential purposes, business premises, and the industry segment. Like any business sector it is susceptible to the economic forces of supply and demand. The main people involved in this field include the owner, renter, developers, renovators, and the facilitators.

This sector has a number of characteristics that are specific to it. Real estate is durable since the buildings can last for many years while the land it stands on is indestructible. As a result the supply is composed of a large share of already pre-existing stock and a tiny percentage of new development. Thus the stock varies in price only according the deterioration, renovation, and the new development coming up.

Stock in this sector could be referred as heterogeneous since every piece is unique. All buildings are different in terms of the location they are situated in, their structure and design as well as how they are financed. Change in this field takes quite a long time. This is as a result of the long duration involved in financing and construction of new property.

The real estate has the very unique feature in terms of the buyers in this market. The property can be purchased either as an investment with the expectation of earning returns or as a consumption good with the thought of using it. Individuals could also invest in the market for both reasons whereby they use the property for a while before selling it at a profit. As a direct result of its dual nature, there is a high demand since individuals tend to over-invest in this sector.

Immobility is yet another characteristic unique to this sector. The properties as well as the land it lies on are both immobile. As a result there is no physical market place meaning one has to go to where the property is situated. Therefore this issue makes location a prime factor before investment.

The main factor in demand for property is demographic, that is the population size and growth. The demographic composition plays a huge role in determining the demand and as a result the price. The performance of the economy also affects the performance of the sector since it plays a role in the ability of investors to take loans and mortgages for financing their business ventures. Naturally, the pricing determines the level of demand in the sector.

There are a number of ways to finance investment in the real estate market from government and commercial institutions. Financial aid can be obtained from commercial banks, savings banks, mortgage brokers, life insurance companies and other financial institutions. However, the best practice still remains getting funding from your own savings.

In view of the recent real estate market crash it is best to follow some guidelines. As a buyer ensure that the price you pay for the property matters a lot as well as the ability to dispose of the purchase later down the road. If not it is advisable to downsize your mortgage to be on the safe side. As a seller, identify when it is the right time to put your property on the market in order to avoid low offers.

Immobilienmakler Heidelberg

Makler Heidelberg

Buying Villa Holiday Home Cyprus – A Place of Your Own on a Paradise Island

Are you searching for a great location to go to in order to escape from your busy life in the city? How about looking for a place which has clear water and friendly locals? Consider buying or renting a villa located in Cyprus! If you want to buy a holiday property then Cyprus is an awesome island in the Mediterranean Sea which hosts visitors from all around the globe, and can also be a good place for taking a long vacation on a holiday or simply for rest and relaxation.

Buying villa holiday home Cyprus provides you with a variety of purchasing options, regardless of whether you prefer a seashore getaway or a metro-style apartment in one of the little villages. If you are house hunting on this lovely isle, all sorts of bargains are out there waiting for you. Cyprus apartments for sale are also plentiful in various locales here, but the majority of the homes on the island’s real estate market are luxury villas.

If you want to examine many villas quickly, Pafos villa hunting is property the best approach to take. Pafos is usaully spelled Paphos in the West. It is the island’s largest coastal district and contains the longest stretches of shoreline that Cyprus has to offer. Tourists can buy or rent villas and apartments in this area quickly and without difficulty. Many villas are available for purchase in the Pafos area for less than 100,000 British pounds or 200,000 American dollars.

If you’d like to look for a holiday villa, home, or apartment on Cyprus, you don’t have to go to the island in person. Instead, you can search online for pictures and data about available properties, most of which are posted on the Internet. The real estate systems are similar to the American and British systems, and you’ll feel right at home with the way that the property listings are laid out online.

You’ll find that many of the online retailers who list Cypriot properties also publish plenty of pictures of the surrounding countryside. You’ll be able to see tons of gorgeous views, including ocean and beach pictures, as well as shots of the insides of the houses for sale. Even the city centers are picturesque, offering diverse and beautiful architecture. Best of all, most towns are only about an hour from the sea, so you’ll always be able to see the ocean with a short drive.

If you are considering purchasing a villa as a vacation residence, the isle of Cyprus can provide you with marvelous options online or on the spot. You can be sure that these properties will make a reconnoitering trip here absolutely worthwhile. If such an expenditure is within your means, you will be delighted to discover that a short getaway (or a long retirement) in Cyprus is the most effective way to unwind regardless of how high your stress level may be.

Immobilienmakler Heidelberg

Makler Heidelberg

Real Estate Photography Tips For Realtors – Don’t Do it Yourself, You’ll Lose Your Commission Check

I’ve done it myself; taken what I thought were great listing pictures and used them for my online MLS listing. My clients thought they were fine and I thought they were just fine, until I started working as a buyer’s agent in Seattle a few years back.

I worked with over 40 different buyers a week and everyday I’d hear, „Did you see those listing pictures? There’s no way we want to see that house, it’s a dump! Does the listing agent know how bad they are?“ Obviously, the listing agent didn’t spend anything on real estate photography.

My buyers would also see some great listing photos and want to get in to see the home that afternoon. We’d step inside and they’d wonder if it was the same home they saw online. They felt cheated because the pictures were nothing like the real home. (but at least the listing agent got buyers walking through the house).

It all came down to the listing pictures they saw online. That’s essential marketing for listings! Give buyers a great picture and they’ll jump inside the house that day. Give them a „do-it-yourself“ picture and they’ll move onto the next home. The listing pictures make the difference, especially when you spend a few bucks on professional real estate photography!

Even when the listing pictures were better than the actual house, guess what? It still got the buyers inside! That’s your goal as a listing agent; get as many showings as possible. Professional real estate photography makes that happen.

With upwards of 80%+ of buyers looking online now, the listing photos are the first thing they’re looking at and basing their initial impressions on.

How much money in lost commissions do you think you’re missing because you won’t spend a couple hundred bucks for professional real estate photography?

If you did spend the well invested marketing dollars on some professional real estate photography…….

  1. You could have more satisfied clients because the home sold faster.
  2. You could have made more cash because you didn’t have to drop the sales price when the listing became stale on the market.
  3. You could look like a top producer in the area because of the quicker sales, better looking listings and more satisfied clients. Your overall image is enhanced, big time!

Isn’t it funny how such a small aspect of your business can affect the whole thing? Anytime you realize how one issue affects your net profits, that’ll make you perk up, right?

Now don’t give me the excuse that it’s too expensive because it’s not. Look at it as a marketing and advertising expense because that’s exactly what it is. And real estate photography is one of the best things you can spend your marketing dollars on.

You have a couple options……..

You could grab a professional in real estate photography in your local area and offer them $50-$200 to come to your listing and take some fabulous photos. Make sure they’re top notch, have all the right equipment and understand the goal of these photos. You don’t want to pay for real estate photography that’s no better than your own.

Your other option is to go with a company like Vicaso.com who does real estate photography exclusively. Their business is listing photos for real estate agents!

You can schedule your photo shoot on their website, pay about $200 or so and get the most captivating listing photos you’ll ever see. Even if you have a crack house listed for sale, their real estate photography will make it look like a palace.

I’m telling you; don’t skimp on your real estate photography. Look at the cost as an investment. If you spent $200 on professional real estate photography and got back another $20,000 in commissions that year from faster sales, more clients, and higher listing prices, wouldn’t that be worth it? You betcha!

Immobilienmakler Heidelberg

Makler Heidelberg

Hey Buddy, Wanna Buy a House? Or What Do Realtors Actually Do for All That Money

Real estate as a profession has been around as long as there has been a United States and yet many people have little idea how Realtors actually function. This understanding is exasperated by the fact that no two Realtors practice in the exact same way. While the aim is the same, the methods employed are often quite different. Still, the basic process remains unchanged.

This matters because both buyers and sellers are often challenged by their living situation–or lack thereof–to the point of severe stress both emotional and financial. Understand the process can be a great help.

Buyers, for instance, tend to think of real estate sales persons as someone who wants to sell them a house, that they will even try to talk a person into buying a particular property in order to make another commission. While some new licenses may start out like a glorified used car salesman with this idea they rarely last. Over 70% of new agents fail in the first year.

What actually happens is the Realtor learns all they can about a person’s needs and finances and combs the market for a home to fit those needs and financial limitations. This last issue is usually the toughest. Buyers strive to get the most home for the least cost and sellers strive to sell for the highest price. Add direct competition from other buyers and the landscape can be challenging at best.

This is where a good Realtor is worth his or her weight in gold. Well, maybe not their weight in gold, although this may be true in some cases, but a considerable amount of money at a time when financial resources are usually stretched to the limit.

Helping a buyer into the right home at the right price is the job and Realtors have been doing just that for as long as there have been Realtors. If they didn’t they would have gone extinct ages ago especially in today’s computer driven markets.

Once the right home is found the job is just beginning. The best price and terms must be negotiated. This is an art in itself and can save the home buyer a sizable fortune. Here’s where the network of Realtor affiliated with the Multiple Listing Service (MLS) and the National Association of Realtors (NAR) comes into play.

Both the buyer and the seller are typically represented by separate agents, each legally required to serve their client’s needs and no other. Buyers and sellers do not directly interact. This single factor facilitates successful agreements more than any other means since Realtors as experienced negotiators can put together deals that individuals usually cannot as witnessed by the staggering rate of negotiation failures experienced by FSBOs (For Sale by Owner sellers working without representation)

Once the deal is struck the next challenge is getting to the closing table through financing, home inspections, attorney and title hang-ups and even timing. The previous owner must leave at the same time the new owners are ready to move in. This is often on the same say, the day of the closing. Here too expertise pays off while sellers who manage to strike a deal experience major fall-through issues and failed closings forcing them to start over with all the accompanying costs and missed opportunity.

Realtors facilitate successful transactions not by pushing their own agenda but by expediting their client’s needs and goals.

Not only is trying to sell someone a home counterproductive in a world of cautious buyers it undermines an experience agent’s foundation for continues success in the profession: repeat customers.

Sellers too often labor under misconception about the process of selling their property. If they gave it any consideration at all they might think that what doesn’t really happen to buyers actually does. No successful agent goes out and tries to talks someone into buying a house.

What actually happens is much like marketing any product or commodity. Simply put, the Realtor promotes the listing to the buying public in the best possible light. This process too is greatly facilitated by MLS associations as a repository of homes for sale. The MLS is the single best source for home sales in the country where over 90% of buyers find their home through agents affiliated with a regional MLS. The goal is that no one interested in buying a home is left unaware of the seller’s offering. And that the best possible light means the place must show well and the price must be competitive with other similar homes since buyers will always choose the best home at the best price.

This can be as much of a challenge for sellers as it is for buyers. Again, the seller is looking to maximize their investment which does not usually include fixing the place up. If they wanted to make improvements or repairs they wouldn’t be selling in the first place and for the price they are getting the buyer should be willing to accept less than picture perfect–at least that’s often the common thinking. This is just as reasonable as buyer’s being put off by homes that need work and in their opinion overpriced but not conducive to anyone getting what they want and need.

What results is conflict–almost every time. Solving these innate issues is what Realtor do best: Finding the right home for the buyers based on their needs not their own. Or market the seller’s home effectively to bring in a ready, willing, and able buyer. Then making it work for both parties all the way to the closing table and a fine new home for the buyer and a big check for the seller to enhance their bottom line as well as their living situation. Not bad, not bad at all.

Immobilienmakler Heidelberg

Makler Heidelberg

Top 3 Factors That Make Oakland Homes for Sale a Homeseeker’s Favorite

Being the 8th largest city in the state of California, USA and the 41st largest in the entire nation, it is clearly comprehensible why many individuals who are planning to buy a home consider Oakland homes for sale and Oakland real estate listings on top of their list of choices. This major West Coast port, located on the Bay of San Francisco, about 8 miles east of main San Francisco, is a central city core for the Bay Area sub-region. The city is the county seat of the Alameda County and was originally inhabited by Native American people of the central California coast, who are known as the Ohlone people. But these are not the only reasons why more and more individuals are interested to live in Oakland, California. There are still more and this article will provide you an idea on the top factors that enticed many individuals to raise their family in this part of California.

1. Healthcare

For retirees, potential retirees, and even young families, healthcare is an important factor to consider when choosing a place to live in. Healthcare in Oakland is topnotch, being home to medical centers and hospitals with avant-garde and reliable facilities such as the Alameda County Medical Center, which provides medical services to residents, paying attention to medically indigent people living in Oakland without health insurance; Alta Bates Summit Medical Center, which is a product of merging with the former Alta Bates Medical Center in Berkeley.

Families with children should not worry that if their kids need medical and health treatment or consultation because the Children’s Hospital Oakland is fully equipped with high quality and dependable medical instruments, facilities and supply to provide medical assistance for your children.

2. Economy

With easy access to transportation and the availability of different businesses and developments, it would be easy to conclude that the economy of this wonderful place is something that most individuals and their families would be satisfied about. For instance, being the major West Coast port, residents would have more opportunity to find marine cargo-related employment wherein they will be given the chance to earn minimum hourly way at the least. There are also opportunities for high-ranking jobs and even average positions because of the different big corporations situated here including Clorox, Cost Plus World Markets, and Matson to name just a few.

The influx of people interested to get their own piece of paradise by investing in Oakland real estate started within West Oakland emphasizing on the West Oakland BART Station as its heart. And from there came the idea related to improving the place that can pave the way for providing more employment, better health services, recreational facilities, and new reasonably priced housing developments. This economic revitalization did not escape the keen eye of many investors focusing on interesting markets such as this and thus, made them more interested to focus on Oakland MLS in search for available homes for sale in Oakland.

3. Education

When it comes to raising your children, it is a given that you would look into the quality of education that is offered in this part of California. The good thing is that you would not be deprived of this in this city. There are good private and public schools in Oakland. The Oakland Unified School District composed of elementary schools, middle schools, high schools, early childhood education programs, adult education schools, and alternative education schools and programs.

Oakland’s three largest public high schools are Oakland High School, Oakland Technical High School, and Skyline High School. North Oakland Community Charter School (NOCCS), an elementary and middle school, is one of the few public progressive schools in the entire USA. Several private elementary and high schools are also present to provide high quality education to those who can afford. Julia Morgan School for Girls, Bentley School, and Northern Light School are three of the most well-known in this city.

While it is true that there are still other factors that contribute to making Oakland homes for sale, great options when looking for a new home for your family, these three are the top reasons why this part of California is considered to be topnotch.

Immobilienmakler Heidelberg

Makler Heidelberg

10 Reasons Why You Should Manage Your Business Ethically

Why are ethics in business so important? Isn’t it enough to comply with the letter of the law and the rules of society? What’s in it for the business enterprise?

These are all interesting questions. Many business owners feel that maximizing profits is the chief obligation of the firm. Other owners feel that operating a business in a transparent, ethical manner is also important. Both business management and business ethics are about making the right decisions. Does one have to exist to the exclusion of the other?

I think not, and here are the reasons why managing a business ethically is important:

1. It sends the right message to customers and clients. With all the choices available nowadays, who wants to do business with a shady, ethically-challenged company?

2. It sets the right example for the firm’s employees. The temptation to cut corners or behave illegally, immorally, or unethically is reduced if employees are familiar with the firm’s code of ethical conduct and the certainty of its enforcement.

3. It can make the firm a desirable place to work. Recruiting, and then keeping, high-quality employees is far less costly than managing a turnstile where people come and go in bulk quantities.

4. It establishes a prism through which a company views not just normal business dealings, but the handling of extraordinary events or crises. When all options have been considered, asking „What is the right thing to do?“ ultimately becomes the basis for action.

5. It provides a clearer focus for the firm. That clear focus is found not just in the tactical day-to-day operations, but in the firm’s strategic planning, as well.

6. It helps protect the interests of the firm. Ethical behavior doesn’t always insulate a firm from lawsuits, bad publicity, or other such negative and costly conditions, but it can certainly reduce the probabilities or mitigate the damage.

7. It helps protect the interests of everyone with whom the firm comes into contact. Will suppliers become more reliable if they know they will get paid on time? Will regulatory agencies be more helpful and accommodating? Will clients be more trusting? There is an obvious higher likelihood of the foregoing answers becoming „Yes“ with a company who is seen as highly ethical, than with one who is not.

8. It promotes mutual respect and integrity. This can happen both within the company and from those whom the company deals with.

9. It promotes accountability. This can occur not just within the ranks of the employees, but with the top executives and owners, as well.

10. It can yield a reputation in the marketplace that can be beneficial and sustaining. Isn’t this a desirable condition for any company? If it isn’t, it certainly should be.

Immobilienmakler Heidelberg

Makler Heidelberg

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