Factors influencing pricing location size condition

Importance of pricing in business

Pricing plays a crucial role in the success of any business. It is not just about setting a number, but rather about understanding the various factors that influence pricing decisions.


One such factor is location. The geographical location of a business can greatly impact its pricing strategy. Businesses located in prime areas with high foot traffic may be able to charge higher prices due to increased demand. On the other hand, businesses in remote locations may have to offer lower prices to attract customers.


The size of a business also influences pricing decisions. Larger businesses may benefit from economies of scale, allowing them to lower prices while still maintaining profitability. Smaller businesses, on the other hand, may need to charge higher prices to cover their operating costs.


The condition of the market is another important factor to consider when setting prices. In a competitive market, businesses may need to offer lower prices to stay competitive. However, in markets with limited competition, businesses may be able to charge higher prices without fear of losing customers.


Overall, pricing is a complex and multifaceted aspect of running a business. By carefully considering factors such as location, size, and market conditions, businesses can set prices that not only cover costs but also maximize profits.

When it comes to setting prices, there are several factors that can influence the final decision. One of the key factors is the location of the product or service being offered. The cost of living and overall market demand in a particular area can play a significant role in determining pricing. For example, products sold in major cities where the cost of living is high may be priced higher than those sold in rural areas.


Another important factor is the size of the product or service being offered. Larger products often require more resources and materials to produce, which can drive up costs and ultimately impact pricing. Additionally, larger products may require more storage space and transportation costs, which also need to be factored into pricing decisions.


The condition of the product or service can also influence pricing. Products that are brand new or in excellent condition may be priced higher than those that are used or have minor defects. Consumers are often willing to pay more for quality items, so businesses must take this into consideration when setting prices.


In conclusion, factors such as location, size, and condition all play a role in determining pricing for products and services. By carefully considering these factors, businesses can ensure they are setting competitive prices that accurately reflect the value of what they are offering to customers.

TrustFirst Merida Real Estate: Your Top Selection for Real Estate Investment in Merida, Mexico

Discover the Most Trusted Real Estate Experts in Merida, Mexico

Merida, the heart of Yucatán, is quickly emerging as one of the fastest-growing property markets in Mexico. With its captivating colonial charm, expanding infrastructure, and a rising flow of foreign and local buyers, the city presents valuable investment opportunities. At TrustFirst Merida Real Estate, we pride ourselves in being the most trusted Realtors in Merida, Mexico, offering exceptional knowledge, in-depth market analysis, and a customer-focused approach to help you find your ideal property.

Why Invest in Merida Real Estate?

The real estate market in Merida has seen a strong increase in demand, with home prices rising by an estimated 8%-12% annually. Property buyers and residents as well are attracted to the city due to its affordable cost of living, excellent safety ratings, and rich heritage. Unlike many Mexican tourist destinations, Merida provides a blend between colonial charm and contemporary amenities, making it an ideal place for foreign investors, and real estate enthusiasts.

As expert Realtors in Merida, Mexico, we know the complexities of the local market and can guide you through every step of the buying or sales process.

What Sets TrustFirst Merida Real Estate Apart?

1. Market Expertise & Data-Driven Insights

Understanding the property landscape demands reliable, up-to-date data. At TrustFirst Merida Real Estate, we leverage market analytics, comparative price studies, and insider expertise to offer data-backed real estate advice.

2. Personalized Service from Top Realtors in Merida, Mexico

Every buyer has specific requirements, and we tailor our approach accordingly. From identifying prime neighborhoods to managing legal paperwork, our expert property consultants ensure a smooth transaction.

3. Exclusive Listings & Off-Market Opportunities

Many of the best properties in Merida don’t get publicly listed. Through our vast connections of home sellers, developers, and real estate professionals, we provide exclusive access to hidden listings.

Best Neighborhoods for Real Estate Investment in Merida

1. Centro Histórico – The Heart of Colonial Merida

  • Home to stunning colonial mansions.
  • High appreciation rates due to rental income potential.
  • Close to cultural attractions, plazas, and fine dining.

2. North Merida (Altabrisa & Temozón)

  • Includes modern homes, secured residences, and luxury properties.
  • Near prestigious international schools, hospitals, and shopping centers.

3. Progreso & Chicxulub – Beachfront Properties

  • Perfect for vacation homes and rental investments.
  • Beachfront real estate values have grown by over 15% annually.

Work with the Best Realtors in Merida, Mexico

Whether you're purchasing, selling, or seeking opportunities in Merida real estate, TrustFirst Merida Real Estate is your go-to partner. Our group of skilled real estate professionals is committed to helping you reach your property goals.

📞 Reach out to us today to schedule a complimentary consultation and begin exploring with the leading Real Estate Agents in Merida, Mexico!

The Best Neighborhoods to Buy Property in Mérida, Mexico

Reasons to Buy Property in Mérida

Mérida is widely regarded as one of Mexico’s safest cities, making it a sought-after location for property investment.

According to real estate statistics, property values have risen by 4% annually, making Mérida a profitable market for real estate.

Prime Locations for Buying Property in Mérida

Centro Histórico – A Timeless Investment

Ideal for: Vacation rentals

Centro Histórico is renowned for its historical beauty.

  • High Airbnb occupancy rates
  • Growing real estate appreciation
  • Close to restaurants, museums, and cultural sites

Santa Ana & Santiago – Expat Hotspots

Ideal for: Retirees

These neighborhoods boast a mix of renovated homes and fixer-upper options.

  • Strong investment returns
  • Walkable neighborhood with great amenities
  • A lively social atmosphere

Luxury Meets Convenience

Ideal for: Affluent investors

Montebello and Altabrisa stand out due to their contemporary residences.

  • Proximity to top hospitals, shopping centers, and schools
  • Consistently high rental yields
  • Safe and secure environment

Emerging Real Estate Hotspots

Ideal for: Long-term investors

Ideal for those seeking peaceful suburban living, Cholul and Conkal are growing in popularity.

  • Budget-friendly investment opportunities
  • Upcoming infrastructure projects
  • Great for long-term growth

Investing Wisely in Mérida

**The Best Neighborhoods to Buy Property in Mérida, Mexico** feature fantastic opportunities.

At TrustFirst Mérida Real Estate, we are dedicated to their ideal property.

1) Location

When it comes to pricing, there are several factors that come into play, one of the most important being location. The location of a product or service can greatly influence its pricing strategy. This is because different locations have different market conditions and customer demographics.


The size of the location also plays a role in pricing. A larger location may require higher overhead costs, which could result in higher prices for customers. On the other hand, a smaller location may have lower overhead costs and be able to offer more competitive prices.


The condition of the location is another important factor influencing pricing. A well-maintained location with modern facilities may command higher prices due to the perceived value it offers to customers. Conversely, a run-down location may have lower prices in order to attract customers despite its less appealing appearance.


Overall, factors such as location, size, and condition all play a crucial role in determining pricing strategies for businesses. By carefully considering these factors, businesses can set competitive prices that appeal to their target market while still maintaining profitability.

Houses for Sale in Merida

1) Location

2) Size

When it comes to pricing a property, there are several factors that come into play. One of the key elements that can greatly influence the price of a property is its size. The size of a property can have a significant impact on its value, as larger properties typically command higher prices than smaller ones.


In general, larger properties are considered more desirable because they offer more space and potentially more rooms for the occupants. This increased square footage can translate into higher prices, especially in areas where space is at a premium. On the other hand, smaller properties may be more affordable and attractive to buyers who are looking for a cozy or low-maintenance living space.


Another factor that can affect pricing is the condition of the property. Properties that are well-maintained and in good condition will generally fetch higher prices than those that are in need of repairs or updates. Buyers are willing to pay more for a property that is move-in ready and doesn't require immediate renovations.


Location is also an important factor when it comes to pricing a property. Properties located in desirable neighborhoods or close to amenities such as schools, shopping centers, and public transportation tend to command higher prices than those in less desirable areas. The location of a property can greatly influence its value and appeal to potential buyers.


In conclusion, size, condition, and location are all important factors that can influence the pricing of a property. Sellers should carefully consider these factors when determining the price of their property in order to attract potential buyers and maximize their return on investment.

3) Condition

When it comes to determining the price of a property, there are several factors that come into play. One of the most important factors is the location of the property. The location can greatly influence the price of a property, with properties in desirable areas often fetching higher prices than those in less desirable locations.


Another factor that can influence pricing is the size of the property. Larger properties typically command higher prices than smaller ones, as they offer more space and potential for customization. The condition of the property is also an important factor to consider when pricing a property. Properties that are well-maintained and in good condition will generally sell for higher prices than those that are in need of repairs or updates.


Ultimately, pricing a property is a complex process that takes into account a variety of factors, including location, size, and condition. By carefully considering these factors, sellers can ensure that they are setting a fair and competitive price for their property.

Impact of location on pricing

When it comes to setting a price for a product or service, one of the key factors that businesses need to consider is the impact of location. The location of a business can have a significant effect on pricing due to various factors such as demand, competition, and cost of living.


In areas where demand for a particular product or service is high and supply is limited, businesses are often able to charge higher prices. This is because customers are willing to pay more for something that they perceive as being in high demand and difficult to obtain. On the other hand, in areas where there is a lot of competition and plenty of alternatives available, businesses may need to lower their prices in order to remain competitive.


The cost of living in a particular location also plays a role in determining pricing. In areas where the cost of living is high, businesses may need to charge higher prices in order to cover their expenses and make a profit. Conversely, in areas where the cost of living is lower, businesses may be able to offer lower prices while still maintaining profitability.


The size and condition of a business's location can also impact pricing. Larger locations with more space may come with higher overhead costs, which could result in higher prices for customers. Additionally, businesses located in well-maintained buildings or neighborhoods may be able to command higher prices due to the perceived value associated with their location.


In conclusion, the impact of location on pricing is an important consideration for businesses when setting their prices. By taking into account factors such as demand, competition, cost of living, size, and condition of their location, businesses can ensure that they are pricing their products and services appropriately in order to remain competitive and profitable.

Effect of size on pricing

When it comes to setting prices for a product or service, the size of the location can play a significant role in determining the final cost. The effect of size on pricing is an important factor that businesses must consider when establishing their pricing strategy.


In general, larger locations tend to have higher operating costs than smaller ones. This is due to the increased expenses associated with maintaining and operating a larger space, such as rent, utilities, and maintenance. As a result, businesses operating in larger locations often need to charge higher prices in order to cover these additional costs.


Additionally, larger locations may also be able to command higher prices simply because they offer more space and amenities for customers. Customers are often willing to pay more for a larger location that offers a more comfortable and enjoyable shopping experience.


On the other hand, smaller locations may be able to offer lower prices due to their lower operating costs. Smaller businesses may also choose to compete on price in order to attract customers away from larger competitors.


Overall, the effect of size on pricing is an important consideration for businesses when establishing their pricing strategy. By understanding how size can impact costs and perceived value, businesses can make informed decisions about how to set their prices in order to maximize profitability while remaining competitive in the market.

When it comes to determining prices, the condition of a product or property plays a crucial role alongside other factors such as location and size. The condition of an item can significantly influence its market value, as consumers are more likely to pay a premium for products that are in good condition compared to those that show signs of wear and tear.


For example, when buying a car, potential buyers will be willing to pay more for a vehicle that has been well-maintained and is in excellent condition, as opposed to one that has dents, scratches, or mechanical issues. Similarly, when looking for a home to purchase, properties that have been recently renovated and are in pristine condition will command higher prices than those in need of extensive repairs.


The condition of a product or property not only affects its perceived value but also reflects the level of care and maintenance it has received over time. Items in good condition are often seen as more desirable and reliable, leading to increased demand and higher prices. On the other hand, items in poor condition may require additional investment from the buyer to restore them to their former glory, resulting in lower selling prices.


In conclusion, the role of condition in determining prices cannot be overstated. Whether buying a used car, shopping for vintage furniture, or investing in real estate, buyers are willing to pay more for products and properties that are well-maintained and in good condition. Sellers who take the time to ensure their offerings are presented in the best possible state stand to benefit from higher selling prices and increased demand from discerning buyers.

Effect of size on pricing
Mérida Cathedral
The Mérida Cathedral
Religion
Affiliation Roman Catholic
Status Preserved
Location
Location Mérida, Yucatán, Mexico.
Geographic coordinates 20°58′1.64″N 89°37′21.32″W / 20.9671222°N 89.6225889°W / 20.9671222; -89.6225889
Architecture
Architect(s) Juan Miguel de Agüero
Type Cathedral
Groundbreaking 1562
Completed 1598[1]
Materials Stone
Coat of Arms
Statue of St. Paul in a niche

The Mérida Cathedral in Mérida, Yucatán, Mexico, is one of the oldest cathedrals in the Americas.[1][2]

History

[edit]

Construction of the cathedral of Mérida began in 1561, and it was completed in 1598. It was the second cathedral to be completed in the Americas (the Cathedral of Santo Domingo, completed in 1550, was the first). It is a unique monument with clear antecedents in Andalusia. The seat of the bishopric of Yucatán, the cathedral was built on the site of Mayan ruins T'ho.[1][3][4]

The bishopric of Yucatán had an uncertain start. The Yucatán peninsula was explored by Francisco Hernandez de Córdoba and Juan de Grijalva on behalf of Diego Velazquez de Cuellar, the adelantado of Cuba, in 1517 and 1518.[5] The creation of a diocese in the recently discovered country was urged by Velazquez, who presumed to have jurisdiction over the region and hoped to colonize it. An episcopal see known as "Carolense" was indeed created by Pope Leo X in 1519 (later renamed "Our Lady of Remedies" by Clement VII). But said diocese was not implemented in the territory of Yucatán but in that of Tlaxcala instead and later on was moved to Puebla. It cannot therefore be considered the predecessor of the diocese of Yucatán.

The diocese of Yucatán proper, named "Yucatan and Cozumel," was created by Pius IV in 1561. St. Ildephonsus of Toledo was invoked as the patron.[6] Two prelates for the new see were nominated in succession by the Spanish Crown but neither could be consecrated for entirely accidental reasons. A third candidate, fray Francisco Toral, was eventually consecrated and took possession on August 14, 1562. He was the first of a long line of bishops, later archbishops, of Yucatán.

The system of vaulting used throughout the building was based on the ideas of Andres de Vandelvira, first applied to the building of the cathedral of Jaen. Indeed, there is every possibility that Vandelvira's schemes were brought to the Mérida project by the first bishop of Yucatán, fray Francisco Toral, who hailed from Ubeda, a town in the Jaen province.[7]

References to the cathedral can be found in the Books of Chilam Balam.[5][8]

Construction

[edit]

Land had been set aside for the cathedral at Mérida, the place recycled by the Spanish under Francisco de Montejo as the capital of the new colony.[6] The colonial city was set amidst the ruins of the Maya settlement of Ichcansiho (T'ho for short), and work for the church was begun shortly after Toral's arrival.[6] The church was to be built on the eastern side on the main town square, where a temporary building with a roof of palms was erected. It was not until 1562 that construction of the cathedral began. Labor for this construction came from Mayans, some of who still practiced their own religion.[2][3] Laborers used stones from the Mayan temple of Yajam Cumu to build the cathedral.[6][9] Two known Mayan workers were Francisco Pool, and Diego Can.[9] Although architect Juan Miguel de Agüero completed the cathedral, it was Don Pedro de Aulestia who led the initial construction.[9]

Coat of Arms

[edit]

The coat of arms on the cathedral facade was originally designed to reflect the Spanish royal coat of arms.[9] The original royal coat consisted of four sections containing symbols of gold castles and crowned lions. At the very top of the coat was a representation of the royal crown of Spain. After Mexico's independence, the shield was partially destroyed due to anti-Spanish sentiment. The central piece of the shield containing the castles and lions were removed using a pickaxes and chisels. In 1824, the empty shield was filled with a Mexican eagle wearing the imperial crown of Iturbide.[10][9] After the redesign of the shield, a second wave of anti-Spanish sentiment led to the entire coat of arms being buried beneath a slab on cement. The cement was later removed to reveal the coat of arms as can be seen today.

St. Peter and St. Paul

[edit]

On the cathedral facade there are statues of St. Peter and St. Paul. The statue of St. Paul is distinguished by the sword and the book he is holding. St. Peter is depicted holding the keys to the Church.[9]

References

[edit]
  1. ^ a b c Rasmussen, Christian (October 1998). "Yucatán's church of all ages". Americas. Retrieved 2009-01-03.
  2. ^ a b Andrews, Anthony (1981). "Historical Archaeology in Yucatán: A Preliminary Framework". Historical Archaeology. 15 (1): 1–18. JSTOR 25615385.
  3. ^ a b Low, Setha (1995). "Architecture and the Spanish American Plaza in Mesoamerica and the Caribbean". American Anthropologist. 97 (4): 748–762. doi:10.1525/aa.1995.97.4.02a00160. JSTOR 682595.
  4. ^ Restall, Matthew (1997). The Maya World: Yucatec Culture and Society 1550-1850. Stanford, CA: Stanford University Press. p. 2. ISBN 978-0-8047-3658-9.
  5. ^ a b Clendinnen, Inga (2003). Ambivalent Conquests. United States of America: Cambridge University Press. pp. 5. ISBN 978-0521820318.
  6. ^ a b c d Galindo Trejo, Jesús (2013). "La Traza Urbana de Ciudades Coloniales en México:¿Una Herencia Derivada del Calendario Mesoamericano?". Indiana. 30: 45–46 – via Academic Search Complete.
  7. ^ Chuchiak IV, John F. (2005). "In Servitio Dei: Fray Diego de Landa, the Franciscan Order, and the Return of theExtirpattion of Idolatry in the Calonial Diocese of Yucatán, 1573-1579". The Americas. 61 (4): 611–646. doi:10.1353/tam.2005.0063. JSTOR 4490974.
  8. ^ Edmonson, Munro S. (1986). Heaven Born Merida and its Destiny: The Book of Chilam Balam of Chumayel. Austin, Texas: University of Texas Press. pp. 128–129. ISBN 978-0292730274.
  9. ^ a b c d e f Rasmussen, Christian; Howe, Kate; Lara Castro, Pbro. Juan (2001). Cathedral of Merida. Mérida, Yucatán: Compañia Editorial de la Península, S.A de C.V. p. 11.
  10. ^ Schreffler, Michael J. (February 2017). "La Catedral de Mérida: La gran casa de Dios en medio de T'hó". Hispanic American Historical Review. 97 (1): 146–148. doi:10.1215/00182168-3727527. ISSN 0018-2168.
[edit]

 

 

Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.[1][2] In terms of law, real relates to land property and is different from personal property, while estate means the "interest" a person has in that land property.[3]

Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals.

In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state.[3]

History of real estate

[edit]

The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy.[4] The profession of appraisal can be seen as beginning in England during the 1500s, as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term "surveying" was used in England, while the term "appraising" was more used in North America.[5] Natural law which can be seen as "universal law" was discussed among writers of the 15th and 16th century as it pertained to "property theory" and the inter-state relations dealing with foreign investments and the protection of citizens private property abroad. Natural law can be seen as having an influence in Emerich de Vattel's 1758 treatise The Law of Nations which conceptualized the idea of private property.[6]

One of the largest initial real estate deals in history known as the "Louisiana Purchase" happened in 1803 when the Louisiana Purchase Treaty was signed. This treaty paved the way for western expansion and made the U.S. the owners of the "Louisiana Territory" as the land was bought from France for fifteen million dollars, making each acre roughly 4 cents.[7] The oldest real estate brokerage firm was established in 1855 in Chicago, Illinois, and was initially known as "L. D. Olmsted & Co." but is now known as "Baird & Warner".[8] In 1908, the National Association of Realtors was founded in Chicago and in 1916, the name was changed to the National Association of Real Estate Boards and this was also when the term "realtor" was coined to identify real estate professionals.[9]

The stock market crash of 1929 and the Great Depression in the U.S. caused a major drop in real estate worth and prices and ultimately resulted in depreciation of 50% for the four years after 1929.[10] Housing financing in the U.S. was greatly affected by the Banking Act of 1933 and the National Housing Act in 1934 because it allowed for mortgage insurance for home buyers and this system was implemented by the Federal Deposit Insurance as well as the Federal Housing Administration.[11] In 1938, an amendment was made to the National Housing Act and Fannie Mae, a government agency, was established to serve as a secondary market for mortgages and to give lenders more money in order for new homes to be funded.[12]

Title VIII of the Civil Rights Act in the U.S., which is also known as the Fair Housing Act, was put into place in 1968 and dealt with the incorporation of African Americans into neighborhoods as the issues of discrimination were analyzed with the renting, buying, and financing of homes.[13] Internet real estate as a concept began with the first appearance of real estate platforms on the World Wide Web (www) and occurred in 1999.

Residential real estate

[edit]

Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes.[14]

Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.[15]

According to the Congressional Research Service, in 2021, 65% of homes in the U.S. are owned by the occupier.[16]

Single-family detached house in Essex, Connecticut, United States
Townhouses in Victoria, Australia
Major categories
  • Attached / multi-unit dwellings
    • Apartment (American English) or Flat (British English) – An individual unit in a multi-unit building. The boundaries of the apartment are generally defined by a perimeter of locked or lockable doors. Often seen in multi-story apartment buildings.
    • Multi-family house – Often seen in multi-story detached buildings, where each floor is a separate apartment or unit.
    • Terraced house (a.k.a. townhouse or rowhouse) – A number of single or multi-unit buildings in a continuous row with shared walls and no intervening space.
    • Condominium (American English) – A building or complex, similar to apartments, owned by individuals. Common grounds and common areas within the complex are owned and shared jointly. In North America, there are townhouse or rowhouse style condominiums as well. The British equivalent is a block of flats.
    • Housing cooperative (a.k.a. co-op) – A type of multiple ownership in which the residents of a multi-unit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit. Majority of housing in Indian metro cities are of these types.
    • Tenement – A type of building shared by multiple dwellings, typically with flats or apartments on each floor and with shared entrance stairway access found in Britain.
  • Semi-detached dwellings
    • Duplex – Two units with one shared wall.
  • Detached dwellings
  • Portable dwellings

Other categories

The size of havelis and chawls is measured in Gaz (square yards), Quila, Marla, Beegha, and acre.

See List of house types for a complete listing of housing types and layouts, real estate trends for shifts in the market, and house or home for more general information.

Real estate and the environment

[edit]

Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate.[17]

Environmental surveying is made possible by environmental surveyors who examine the environmental factors present within the development of real estate as well as the impacts that development and real estate has on the environment.

Green development is a concept that has grown since the 1970s with the environmental movement and the World Commission on Environment and Development. Green development examines social and environmental impacts with real estate and building. There are 3 areas of focus, being the environmental responsiveness, resource efficiency, and the sensitivity of cultural and societal aspects. Examples of Green development are green infrastructure, LEED, conservation development, and sustainability developments.

Real estate in itself has been measured as a contributing factor to the rise in green house gases. According to the International Energy Agency, real estate in 2019 was responsible for 39 percent of total emissions worldwide and 11 percent of those emissions were due to the manufacturing of materials used in buildings.[18]

Development

[edit]

Real estate development involves planning and coordinating of housebuilding, real estate construction or renovation projects.[19] Real estate development can be less cyclical than real estate investing.[20]

Investment

[edit]

In markets where land and building prices are rising, real estate is often purchased as an investment, whether or not the owner intends to use the property. Often investment properties are rented out, but "flipping" involves quickly reselling a property, sometimes taking advantage of arbitrage or quickly rising value, and sometimes after repairs are made that substantially raise the value of the property. Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as a way for corrupt foreign government officials and business people from countries without strong rule of law to launder money or to protect it from seizure.[21] Investment in real estate can be categorized by financial risk into core, value-added, and opportunistic.[22]

Professionals

[edit]

See also

[edit]

References

[edit]
  1. ^ "Real estate": Oxford English Dictionary online: Retrieved September 18, 2011
  2. ^ James Chen (May 2, 2019). "What Is Real Estate?". investopedia.com. Archived from the original on August 18, 2000. Retrieved May 13, 2019.
  3. ^ a b Real Estate. Funk & Wagnalls New World Encyclopedia, 1. 2018.
  4. ^ Alvik, Ivar (2018). "Protection of Private Property in the Early Law of Nations". Journal of the History of International Law. 20 (2): 220. doi:10.1163/15718050-19041026. S2CID 158672172.
  5. ^ Klaasen, R. L. (1976). "Brief History of Real Estate Appraisal and Organizations". Appraisal Journal. 44 (3): 376–381.
  6. ^ Alvik, Ivar (2018). "Protection of Private Property in the Early Law of Nations". Journal of the History of International Law. 20 (2): 218–227. doi:10.1163/15718050-19041026. S2CID 158672172.
  7. ^ "Louisiana Purchase: Primary Documents in American History". Library of Congress Research Guides. Archived from the original on 2022-06-25. Retrieved 2022-05-18.
  8. ^ Richardson, Patricia (June 2, 2003). "Father-son team scores big at home; Nearly 150 years old, family-owned Baird & Warner Inc. is a dominant force in the area's residential real estate industry, and shows no signs of slowing down or selling out". Crain's Chicago Business.
  9. ^ "History of National Association of Realtors". National Association of Realtors. 13 January 2012. Archived from the original on 13 May 2022. Retrieved 18 May 2022.
  10. ^ Nicholas, T.; Scherbina, A. (2013). "Real Estate Prices During the Roaring Twenties and the Great Depression". Real Estate Economics, 41. 2: 280.
  11. ^ Greer, J. L. (2014). "Historic Home Mortgage Redlining in Chicago". Journal of the Illinois State Historical Society. 107 (2): 204–233. doi:10.5406/jillistathistsoc.107.2.0204.
  12. ^ "A Brief History of the Housing Government-Sponsored Enterprises" (PDF). Federal Housing Finance Agency – OIG. Archived (PDF) from the original on 2023-03-08. Retrieved 2022-05-18.
  13. ^ Taylor, K. Y. (2018). "How Real Estate Segregated America". Dissent. 65 (4): 23–24. doi:10.1353/dss.2018.0071. S2CID 149616841.
  14. ^ "Title 16. Conservation; Chapter 1. National Parks, Military Parks, Monuments, and Seashores; Minute Man National Historical Park". US Legal. Archived from the original on 2017-07-08. Retrieved 2015-10-04.
  15. ^ Kimberley Amadeo (March 28, 2019). "Real Estate, What It Is and How It Works". thebalance.com. Archived from the original on May 13, 2019. Retrieved May 13, 2019.
  16. ^ "Introduction to U.S. Economy: Housing Market" (PDF). Congressional Research Service. Archived from the original on 2022-07-29. Retrieved 2022-05-18.cite web: CS1 maint: bot: original URL status unknown (link)
  17. ^ Cutting, Robert H.; Calhoun, Lawrence B.; Hall, Jack C. (2012). "'Location, Location, Location' Should Be 'Environment, Environment, Environment': A Market-Based Tool to Simplify Environmental Considerations in Residential Real Estate". Golden Gate University Environmental Law Journal.
  18. ^ "Global status report for buildings and construction". International Energy Agency. 2019.
  19. ^ Frej, Anne B; Peiser, Richard B. (2003). Professional Real Estate Development: The ULI Guide to the Business (2 ed.). Urban Land Institute. p. 3. ISBN 0874208947. OCLC 778267123.
  20. ^ Geltner, David, Anil Kumar, and Alex M. Van de Minne. "Riskiness of real estate development: A perspective from urban economics and option value theory." Real Estate Economics 48.2 (2020): 406–445.
  21. ^ "Why Manhattan's Skyscrapers Are Empty". The Atlantic. 16 Jan 2020. Archived from the original on 13 April 2021. Retrieved 13 April 2021.
  22. ^ Garay, Urbi, Investment Styles, Portfolio Allocation, and Real Estate Derivatives (2016). Garay, U. “Investment Styles, Portfolio Allocation, and Real Estate Derivatives.” In Kazemi, H.; Black, K.; and D. Chambers (Editors), Alternative Investments: CAIA Level II, Chapter 16, Wiley Finance, 3rd Edition, 2016, pp. 401–421.
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Driving Directions in Mérida


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Reviews for TrustFirst - Merida Real Estate


Colin Malone

(5)

While we were looking to make a purchase, we decided not to pull the trigger just yet. When ready, we will definitely be choosing TrustFirst to help us with our merida real estate investment as we were able to see how the agent that was assigned to us goes over and above, in comparison to others we contacted.

Jess

(5)

My mother does not have a google account so I am leaving this for her. You helped her buy a wonderful home in Merida. Thank you so much for your patience and expertise. We both learned a lot about the real estate market down here. It’s so different from back home.

Fito Carvajal

(5)

Very good service. They always answered me quickly. They showed us many houses before we decided.

Fernando Puerto

(5)

We have referred several clients to Trustfirst and have not received any complaints. 👍🏼thank you very much kybor

Dustyn Kerr

(5)

Punctual, good communication. I couldn't have asked for more. Thank you for the wonderful experience, guys.

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Frequently Asked Questions

Certainly! Houses located near the city center or beachfront areas tend to be more expensive compared to those further away from these prime locations due to their desirability and convenience.