Thinking of Selling Real Estate ? Here are the top 10 Real Estate Myths Debunked
Myth #1: The most successful real estate salespeople are born, not made. Fact: Incorrect. Yes, a good agent may have a tendency and inclination to be a savvier negotiator with better people skills, but these are things that can be learned and nurtured. Research shows that at a maximum, people are operating at 50% of capability, which means most human beings do not realise their potential*. Myth #2: Agents that write $1m in gross commission do a lot of cold calling. Fact: There is no evidence that 7 figure agents…
From 1977 to 2023: what happened to residential property prices after each presidential election in Argentina?
After four years of declining property prices, values have stabilized, and there are promising signs of recovery: the analysis of the last 46 years in the Argentine real estate market. A few days before the presidential elections in Argentina, the real estate market is beginning to show signs of an imminent change in trend. To understand the complex behaviour of the sector, it is vital to contextualize the historical fluctuations of different economic moments, such as growth and recession cycles.…
10 Mistakes many Real Estate investors make when starting off
Although this post is aimed at residential investors, it could apply to all real estate investor classes. Once the real estate market starts to recover, investing in property becomes an appealing option — either as a career or a great side job. Like any other endeavour, though, there’s a right and wrong way to go about it. Bankrate spoke with established, full-time real estate investors and professionals, such as bankers, to identify the traps into which real estate investors most often fall. 1. Planning…
The Economist Ranks Buenos Aires as Top Choice for Digital Nomads in 2023
Buenos Aires Ranked as Top City for Digital Nomads in The Economist’s Annual Ranking. The annual ranking of The Economist magazine has placed Buenos Aires, the capital of Argentina, among the cities most chosen by digital nomads. In a new edition of The Global Liveability Index 2023, the magazine distinguished Buenos Aires as the city with the best quality of life in Latin America. For the second consecutive year and the eighth time in nine years, Buenos Aires topped the list of Spanish-speaking cities in…
CEO of GTSA gives six negotiating tips for foreign buyers
Geoffrey McRae, GTSA Real Estate Consultants CEO, outlines some basic negotiation skills that can help when approaching the sales process in a foreign country. Many foreign buyers are uncomfortable or inexperienced with the negotiation process in a country where they know little about the local customs. While the vendor has their broker to negotiate for them, buyers are at their own mercy. ( the vendor’s broker will often also act as a buyer’s agent, which is the norm in most markets we cover,…
The Benefits of Tango for young and older Women: A Journey of Confidence, Sensuality, and Femininity in Buenos Aires
Tango is more than just a dance. It is a way of expressing one’s femininity, masculinity, body awareness, and sensuality and having fun, feeling good, joy, confidence, and empowerment. That is why Argentina Tango offers exclusive, personalized, and supportive packages for women who want to learn or improve their tango skills and dance as much as possible in Buenos Aires, the birthplace of tango. Tango originated in Buenos Aires in the 18th century as a fusion of European, African, and indigenous…
MercadoPago is the most extensive online payment network in Latin America
Thanks to the digital revolution, many people now participate in e-commerce via their mobile phones. Online payments are becoming increasingly important. MercadoPago, the largest Latin American online payment network, was launched in 2012. MercadoLibre, an e-commerce marketplace and online bidding site, found it. It allows users to send and receive online payments safely, efficiently and quickly. Apps allow companies to charge customers in different ways: via email, social networks or websites, mobile applications,…
Real Estate Prices in Buenos Aires are starting to rise
Real estate prices are rising again after one of the worst drops in living memory. This indicates that the prices have hit the bottom and the “rebound” effect has begun. Despite the worst buying and selling period in 20 years, property values are recovering and overcoming the crisis. According to a Buenos Aires College of Notaries report from July 2018, 3,357 homes removed their for sale signs from the facades and completed the planned transactions. Since 2023 started, these properties have already…
Real Estate Construction in Uruguay has slowed, but the main buyers, Argentines, are still keen to buy
Most mid to higher-end Real Estate in Argentina and Uruguay are quoted in US dollars. In particular, new properties. The Uruguayan real estate market is “on the rise”. However, the weakening of the US dollar has caused new construction to be halted due to the high cost of local labour. Uruguay’s property market continues to grow in purchasing, renting and selling properties. Local and international investors are interested in projects presented by the Uruguayan market, particularly those homes…
Argentina’s Economy Report 2023
What’s in store for Argentina’s economy? The Argentinian economy is going through turbulent times amid hyperinflation, a crumbling peso, a brutal drought hitting agricultural output, and general elections scheduled for October. Our country report cuts through the uncertainty with focused written analysis, tables, charts and forecasts from over 50 expert analysts for dozens of key economic indicators. About FocusEconomics FocusEconomics is a leading provider of economic analysis and forecasts for over 200…
How landlords and tenants survive in a country with 100% plus inflation
Landlords and Tenants in Argentina are between a rock and a hard place. There is a substantial rental property shortage caused by an incompetent government that made laws that made it so unattractive for Landlords to rent properties that many choose to short-term their properties using tools like Airbnb. Hopefully, a new government will change these, making the market more stable. The Chamber of Deputies passed a bill this week that proposes, to put it simply, to restore some of the controversial aspects of…
Argentina’s likely new President intends to snap the current oppressive farming taxes and privatise the state oil company.
Javier Milei – the libertarian candidate in Argentina’s Presidential Election – would remove state interference from Argentina’s massive farming industry, resulting in a boom in exports and foreign investment. Milei, a free-market advocate, promised to dismantle the policies that have prevented agricultural investment in this century. Milei would eliminate export tax quotas and unify the foreign exchange rate. He also wants to stop direct interference in food prices. On Wednesday, Milei…
Hume Palace was built for a Scottish Railway Magnate in Alvear Avenue Buenos Aires
Alvear Avenue is emblematic of the elegance of Buenos Aires. The street contains an essential collection of architecture from the 1900s. In the first period, right up to the country’s first centennial, it was a street lined with Italianate villas or Victorian mansions with lush gardens. Then in the 10’s and ’20s, almost everything was replaced by private hotels of great size, inspired by the French architecture of the seventeenth and eighteenth centuries, as evidenced by the current headquarters…
In a Real Estate Market frozen by the PASO Elections in Argentina, real estate companies have launched a portal to reduce advertising expenses.
The real estate market in Argentina is going through one of the worst crises in its history. To the adverse scenario is now added the electoral climate that generates total paralysis in purchasing and selling properties. In this context, the Buenos Aires College of Brokers launched its portal. This platform seeks to compete with Zonaprop and Mercado Libre and reduce the expenses of real estate companies currently in the red. Unlike other sites, the platform, which serves the 8,500 enrolled at the Real Estate…
Real Estate: Is Milei’s win a good or bad sign for the real estate market in Argentina?
The experts were excited about a change of direction and a reactivation of the real estate sector, analyze the implications of the volatility of the dollar and the electoral results. The abrupt devaluation on a black Monday for the markets and the results of the PASO generated a scenario of uncertainty in the real estate sector. During the last months, the industry was excited about a cycle change with a tail breeze and a system of sales values from the low floor in prices. Real estate developers have…
