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What Should I Do to Be Good in The Business Letter?

What Should I Do to Be Good in The Business Letter?
Lettering to business readers is normally actually unlike writing in the philosophy, social arts, or other scholastic systems. Business writing attempts to be brief and concise instead of suggestive or imaginative; it emphasizes precision and correctness. This difference does not make business lettering better or lower to other techniques. Instead, it reveals the sole objective and concerns associated when lettering in a business context.

When you write a company https://veemo.info report, you must consider that your readers have restricted time to see it and is expected to examine it. Your recipients have attention in what you state since it influences their operation. They need to understand the “essence”: the case you are executing about a circumstance or difficulty and the way they should react.

Formal letter formats differ from the informal manner usually seen in email communications to the extra orderly, juridical characteristic observed in contracts. The attributes of these two limits are suitable for most memorandums, emails, and messages. Drafting that is too symmetrical can turn off recipients, and an effort to be excessively informal may find as dishonest or improper. In business correspondence, as in all reporting, you need to understand your readers.

A writer should constantly control the feature of the business letter. It is simple for an individual or an association to impress the others. The features of a business letter can be grouped as

• Internal Feature

• External Feature

Let us review each of them thoroughly.

I. Internal Feature

It suggests the feature of grammar applied and the demonstration of business correspondence.

1. Transparent

The terminology written in the business letter must be transparent. It assists the recipient to comprehend the content instantly, easily, and unquestionably. Any uncertainty will induce a misunderstanding of the information stated.

2. Plain

A writer must use plain and straightforward vocabulary in the business letter. One must avoid extravagant and complicated words.

3. Brief

The content addressed in the letter must be brief and straightforward. Please take note that “brief” does not have to be “blunt”-you ought to study your expression and the readers for whom you are addressing.

4. Concrete

The content of the letter must be concrete and precise. By applying concrete writing, a reader will have an unambiguous idea of the message. Nevertheless, your message should not appear like an extended list of quick, disjointed sentences.

5. Precision

One must constantly monitor the precision of the business letter. Precision commonly signifies no mistake in grammar, terminology, punctuations, etc. The right organization should be aimed for discussion.

6. Rational

The vocabulary and wording used in the business letter must be rational. The communication must be in a rational form for genuine comprehension of the content. The draft of the communication must be uniform.

7. Comprehensive

One must compose a comprehensive letter. It assists the recipient to understand the subject and the resolution. It should give all the required data. One must also remember that the letter should be brief and plain and must include the entire aspects.

8. Pertinence

The message should only carry significant information. Business correspondence should not include unnecessary details.

9. Affable

The expression used in business correspondence must be affable. A writer must continually use a clear, respectful, and reliable language in his message. It does not imply that one must use slang and offensive terms. One must use the terms such as please, thank you, etc.

10. Tidiness

A business letter must be deftly typewritten or written. The writer should use appropriate indention, spacing, and paragraphs.

11. Pronouns

Personal pronouns (like I, we, and you) are essential in letters and memoranda. In such reports, it is ideal to address yourself as I and to the recipient as you.

12. Passive vs Active Tone

The most skilled authors attempt to produce a form that is so plain so that no readers should misunderstand their messages. One approach to accomplish a plain style is to reduce your usage of the passive tone.

II. External Feature

The external feature of a business letter indicates the character of its external form. The external appearance of the letter must be appealing and convincing. Some of the extrinsic characteristics are

1. Dimension of the Paper

The conventional dimension of the paper should be used. An A4 paper is a commonly accepted paper for composing business correspondence.

2. Grade of the Paper

The grade of the paper used must be suitable. A company cannot always use expensive paper. One must use quality paper for the primary copy and average copy for the carbon copy.

3. The Color of the Paper

Sometimes it is particularly beneficial to use the various colors of paper for different kinds of letters. The reader can comprehend the purpose and the meaning of the letters by its color.

4. Method of Folding

One needs to fold the letter correctly and consistently. The method of folding should ensure the letter fit the envelope. One must not overfold the letter. It will create a negative perception of the recipient’s opinion.

5. Quality of Envelope

One should always use a good quality envelope and ensure the size of the letter should fit the envelope.

 

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independent filmmakers to publish and sell their premium video content on the web

 

Now that we have established that in the online video space it is difficult to generate enough ad revenue to reach profitability, let’s take a look at other options for monetizing video content online. In this article, I am referring to premium content that typically would be made available through DVD or Blu-ray and/or digital content made for the web (ex: education, information and instructional videos). I am not referring to episodic or movie content in the entertainment category.

First let’s take a look at how paid digital video content has progressed. In 2002, CustomFlix, a business that offered DVD on Demand, was created to make widespread distribution easier for independent filmmakers. Amazon acquired CustomFlix in 2005 and in 2007, the name was changed to CreateSpace. CreateSpace was one of the only options available for independent filmmakers to publish and sell their premium video content on the web. http://videodownloader.club/

We surveyed content creators in 2007 and found that CreateSpace did not allow filmmakers to control pricing on their video content. This issue caused pricing conflict with filmmakers who were also selling their DVDs through their own websites and distribution channels. Around the same time, Digital Rights Management (DRM) started becoming a hot topic and many content creators were either hearing about or directly experiencing illegal pirated distribution of their DVD content. The DRM concerns caused additional apprehension for making premium content available for download online. As technology progressed, it became evident that there would always be methods for bypassing DRM security measures and selling digital content online would be the way of the future for filmmakers.

This change gave way for a new breed of outsourced services: video sales publishing platforms. The important distinction here is that this is not about ad supported, video distribution platforms (i.e. Brightcove); it is about publishing platforms that allow content owners and distributors to sell video content online. Paid online video that is made available through streaming and/or progressive download (user can watch the video as it is being downloaded) is now generally being referred to as online video on demand (VOD).

Today, CreateSpace is in the business of actually creating hard copy DVDs on demand and all video publishing is done through Amazon Video on Demand where users can download to own or download to rent. There are other players in the online video space who fall into a few categories: digital download marketplaces, general digital sales platforms and pure video sales platforms. The digital download market has been around the longest and the pure video sales platforms are the most recent addition to the online video space.

Digital download marketplaces sell downloads of any kind which is typically ebooks, papers, audio books, MP3, software and video. They offer a secure commerce solution and are focused on selling downloadable goods. These download marketplaces offer some useful functionality such as reporting, pricing flexibility and sales tools. The benefit of working with a digital download service is that it is simple, straightforward, and does not require a website. Further, these sites usually have a network of affiliates for resellers to pick up and sell products on their websites in exchange for a sales commission. The downside is that the user experience is generic, not customizable and does not feel like a modern service (i.e. feels old school). After payment, the customer is sent an email and given access to the downloadable product. Examples include Payloadz and Tradebit. The payment models vary in that some require upfront fees based on bandwidth usage and others are performance based.

General digital sales platforms also sell ebooks, audio and video; however, there are more features and customization options than what is found in a digital download marketplace. These general digital platforms are also focused on selling what they call instant downloads and do not provide a video on demand environment (i.e. streaming or progressive download through a media player). The ability to create branded storefronts, analytics and subscription management tools set these platforms apart from a general digital download marketplace. They also have marketplaces and affiliate distribution networks. Examples include iAmplify and Fetch/Shopify. The cost varies from a fixed monthly fee to performance based pricing. For example, iAmplify charges 30% of sales if the content is sold by the publisher and 60% if it is sold by iAmplify or affiliate partner. Working with this type of platform can work well for digital goods that pair well with downloads such as audio and ebooks.

Pure video sales platforms focus 100% on video, have embeddable media players, custom previews and more capability when it comes to delivery. Pure video sales platforms offer a true video on demand environment with the ability to preview, purchase and stream through a high quality media player. In addition, a video sales platform has the ability to create fully functioning, branded video on demand stores as well as sell through a marketplace and affiliate distribution channel. They provide analytics specific to video and detailed sales transaction reports. These platform features extend to creating mobile video on demand applications as well as standalone web properties. The pricing is mostly performance based with a small monthly fixed fee that is based on usage. The benefit of working with a full service, video sales platform is that the platform serves as an extension of the content creator’s business, brand and website without the hassle, expense and time of building it and managing it in house. MindBites is an example of a pure video sales platform and it extends from small to large content creators and publishers.

My conclusion is that there are several options available to actually sell and truly monetize your video content. Whether you select a digital download marketplace, a general platform for selling downloads or a pure video sales platform, it takes time and attention to build traction and momentum. Because we are on the early side of video on demand online, the content owner/publisher still needs to focus on marketing and using available sales tools to experience success and revenue. Therefore, placing your content into a distribution network and forgetting about it does not lead to success. The good news is that Nielson recently reported that 42% are willing to pay for content online and the opportunity exists today to monetize and surpass revenue generated through video advertising networks.

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4 Benefits of Watching Movies Online

4 Benefits of Watching Movies Online
Almost all of us love watching movies on TV or on the internet. However, one of the most popular ways to watch movies is to connect to the internet and check out websites that provide movies for free of charge. Social networking websites, such as YouTube has brought a revolution in this department. Now you can watch most of your favorite movies on YouTube. In this article, we are going to talk more about the benefits of watching your favorite titles online. https://geniusgeeky.com

Accessibility to Tons of Movies

On the internet, you can browse tons of websites that offer you to download your favorite stuff for free of charge. The good news is that you can access hundreds of thousands of movies and watch them for free of charge. Plus, you can download them as well. This allows you to watch them on your mobile devices.

If you cannot find a title on these websites, you can check out some paid ones. They charge a monthly subscription fee and allow you to check out their huge collection of movie content.

Cost Affordable

If you watch movies on the internet, you can save tons of money. Conventionally, you have to buy a DVD of your desire titles, and each title will cost you additional money. If you are on a limited budget, this may not be an affordable option for you.

On the other hand, if you check out streaming websites, you will only have to pay a monthly or annual subscription fee. Once you have paid this fee, you will be free to watch all of the titles found on their website. So, if you are looking for an affordable option, you may want to check out these websites.

Quality of the Movie

If you’re looking for high-quality movies, you can check out YouTube and other streaming websites. The good thing is that you don’t have to download these movies as they can be found on streaming websites. Downloading a movie can take up a lot of hard drive space on your computer. And you may not have that much storage space.

Saves Time

You don’t need to download the movies to watch them. For example, you will have to wait for several hours for the movie to download on your computer. If you don’t want to kill that much time, we suggest that you watch them online. The movie will play as soon as you hit the play button. Apart from this, you can reverse or forward the movie as per your needs.

Apart from this, you can play a lot of titles to see which ones you like the most. Then you can skip the one that you don’t like and watch the rest.

The beauty of watching movies online is that you have the freedom to choose any title you like. There is no time or place limitation. Plus, you don’t have to spend any money as you won’t have to go to the cinema.

Long story short, these are just some of the benefits of watching your favorite films online.

 

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While there is no real rule of thumb for the proper

the goal is to create enough space between the lines of text so they fit nicely together and don’t interfere with one another, without creating so much space that they look artificial or become difficult to read. The eye should be able to easily jump visually from one line to the next without losing its place, and without any effort at all.

While there is no real rule of thumb for the proper amount of space between lines, a t shirt designer who begins adjusting the leading will quickly learn to “feel” when it’s right. In general, the best way to start is to decrease the amount of leading — tightening the space between the lines — and then keep tweaking it up or down until it feels visually balanced. When it looks natural and reads smoothly, your t shirt slogan is one step closer to the big time.

T-Shirt Design Secret #5: Phrasing, aka “Line Breaking”
Phrasing has to do with where a t shirt designer chooses to break the lines of text, and is yet another aspect of good t shirt design that’s often overlooked. Many new designers will just type in their text at the size they want, and pay no attention to which words the lines end on, and how those line breaks affect the t shirt’s readability. More often than not, this results in a t shirt that reads terribly and feels amateurish.

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Updating his blog with fresh content regularly without running out of ideas

 

Have you ever asked yourself how a single person keeps on updating his blog with fresh content regularly without running out of ideas? There are some bloggers that will leave you to wonder how they manage to write content regularly. No one can dispute their prolific writing skills.

For instance, Seth Godin updates his blog regularly with fresh content. When I was first introduced to blogging, I thought I won’t be able to write. But with time, I now know that blogging isn’t difficult. For the past three years, I have learned a lot about blogging. I have written articles for various blogs and websites. However, I’m yet to learn more about writing so that I become a better prolific writer.

Becoming a blogger is all about learning how to blog. Blogging isn’t difficult as some people may tend to think. Below are four most important blogs that will teach you how to blog and how you can become a better blogger.http://bedste-blog.dk/

1.) Blogtyrant.com

2.) Copyblogger.com

3.) Problogger.net/blog

4.) Bloggingtips.com

If you’re starting a freelancing writing business, then Freelancefolder.com blog will greatly help you with advice on how to go about your freelancing writing business.

Any person who is computer literate can now create a blog. You don’t have to worry about the technical aspects since there are blogging software such as WordPress and Empower Network that have simplified blogging.

Importance of Blogging

1.) Blogging is Interesting: There is something that you really love doing (your passion). Go ahead and create a blog and start blogging about your passion. Blogging will make you to learn more about your passion. You’ll be surprised by the attention you’ll be receiving from people.

2.) Proper Usage of Free Time: Blogging isn’t a waste of time. If it was a waste of time we could not be having so many blogs currently. Instead of you being idle during most of your free time, you should create a blog and start blogging. This will make you not to question yourself on what you should do to keep yourself busy whenever you have free time.

3.) Inspiring Others: Blogging has made it possible for people to encourage one another despite the fact that they have never met each other. People share problems and support one another. For instance, here is a quote I came across that made me realize how blogging has made it possible for a person to get support from people, “I was having problems with depression and anxiety disorder, and it felt like not blogging about it was creating a false history. When I did finally share the problems I was having, I was shocked -not only by the support that was given to me, but also by the incredible amount of people who admitted they struggled with the same thing.”- Jenny Lawson

In fact, I encourage more youths to start blogging in order to inspire other youths who are facing various challenges such as starting a business, running a business, advancing career, unemployment, how to overcome substance abuse etc.

4.) Making Money Online: Start blogging to earn some money online if you haven’t found your dream job. There are many opportunities online that you can use your blog to make money. You can start blogging for money by being hired as a blogger. You can use your blog to do affiliate marketing or you can use your blog to sell products to people online.

The opportunities to make money online from a blog are just many. It is upon you to make a decision on how you’re going to make money online blogging.

5.) Gaining Exposure and Attracting Prospective Employers: Blogging exposes you as an expert in your field. You’ll be recognized as an expert when you share informative information on your blog and also on other blogs that allow guest blogging. Some people will seek your advice while there are those who will refer people to read your articles.

Blogging will also expose your talent, creativity, passion and your dedication. “Blogging is a great way to show your talents and interests to prospective employers, while adding an edge to your resume. If you blog consistently it shows your dedication, passions and creativity-all of which are key attributes employers look for in job candidates.”- Lauren Conrad

6.) Blogging Improves Your Writing Skills: When you keep on blogging, with time you become a better writer. You’ll learn how to express yourself better. Blogging improves your writing skills and also your skills to communicate with people.

7.) Marketing and Building Relationships with Customers: Blogging is important in marketing. A blog is a marketing tool and marketers should use blogs to inform people about the products they’re selling. Marketers should blog informative information about the products they’re marketing so that people know how such products are going to be useful to them in solving various problems. Blogging builds better relationships between customers and businesses.

Major Challenge in Blogging

The major challenge that many blog owners (bloggers) are facing is inadequate targeted traffic. Without targeted traffic, a blog will never flourish. When you realize that your blog isn’t attracting enough targeted traffic, you shouldn’t give up.

It is normal for anyone to feel discouraged due to disappointments but giving up isn’t a solution. Giving up is creating another problem of having not found a solution that works effectively. The best you can do instead of giving up is to find out how you’ll drive targeted traffic to your blog.

So, why is your blog not receiving targeted traffic? Some of the reasons are as follows:

1.) Your blog is yet to be known since it is still new. It requires exposure.

2.) There is no enough content on your blog to attract people and for the search engines to rank your blog.

3.) The content you have published on your blog isn’t of high-quality. Publishing mediocre content on your blog could be the reason why it lacks targeted traffic.

4.) The niche of your blog could be the reason for insufficient targeted traffic. If your blog is targeting a niche that is too competitive or the one that people are not interested in, then your blog will not attract any significant amount of targeted traffic.

5.) You haven’t started selling a product that solves a particular problem or you could be selling a product that isn’t useful.

6.) You haven’t optimized your blog in the search engines. You have not used the search engine optimization techniques to optimize your blog.

7.) You haven’t done list building and this has led you not to keep in touch with people who visit your blog. They visit your blog never to visit it again since they forget it.

8.) You have not captured people’s attention. Your blog doesn’t have content that is interesting for people to read. You haven’t used headlines that will capture the attention of people. You haven’t also posted videos or pictures that capture people’s attention. You’re not giving giveaways. People love getting things for free!

9.) Your blog contains many spelling and grammar mistakes. People will not want to go on reading a blog that has posts containing many spelling and grammar mistakes.

10.) Another reason for lack of targeted traffic is ignoring the readers and writing for the search engines. Focusing mainly to optimize your blog in the search engines instead of focusing on your readers will eventually make your readers to stop visiting your blog.

Ten Ways of Increasing Traffic

Driving targeted traffic to your blog is a process that should be continuous. Here are ten ways that you can use to drive targeted traffic to your blog.

1.) Update Your Blog Regularly: You should start updating your blog regularly with fresh content that is unique and informative if you haven’t been doing that.

2.) Quality Content and Not Quantity Content: Although you should update your blog with fresh content, it doesn’t mean that you should update it with any content for the sake of updating it regularly. High-quality content is important in retaining your existing targeted traffic. Posting high-quality content will make people to visit your blog since they know that they’re going to benefit a lot.

3.) Gain Exposure for Your Blog: Use internet marketing techniques that will ensure your blog gains exposure. Some of the internet marketing techniques that you can use include social networking sites, search engine optimization ways, viral marketing, pay per click Ads, Google AdWords etc.

4.) Keep in Touch with Your Audience: You have to do list building. Let the people who are visiting your blog to give you their email addresses willingly. You’ll later on contact them so that you remind them to visit your blog.

5.) Attract People’s Attention: Capture people’s attention so that they can keep on visiting your blog. Use headlines that will capture people’s attention to read your blog posts. You should also post videos, infographics and include pictures on your blog posts so that they attract people’s attention.

6.) Avoid Spelling and Grammar Mistakes: Proofread your articles. Let someone else read your articles before you publish them on your blog. This is to ensure that your articles don’t contain spelling and grammar mistakes.

7.) Engage Your Audience: You need to engage your audience. Ask them questions and let them comment on your blog posts. Reply their comments. This way, your audience will know that you appreciate them and value their opinions. Your audience will trust you and they’ll keep on visiting your blog and also refer people to visit your blog.

8.) Allow Guest Blogging: You should invite experts to publish content on your blog. When you allow experts in your field of specialization to do guest blogging, your blog will gain good reputation. People will trust it and this makes your blog to be authoritative.

9.) Quality Products: Selling high-quality products will make people to visit your blog. A word of mouth will spread much faster about your blog if you’re selling high-quality product that is solving a particular problem that other products haven’t been able to resolve.

10.) Buy Traffic: Buying traffic will at least make people to know your blog. There are many websites that specialize in selling traffic.

When we started our first blog seven years ago with my business partner, we made mistakes. We learned from our mistakes and eventually we figured out a blogging income formula that has kept our sales rolling in each month. Now that we discovered a formula to make money online blogging, we are so passionate to teach others to succeed including you. Today, we are giving you our simple formula for making money online, just click the link and tell us where to send you our blogging income formula.

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Leaping Into the 6th Technology Revolution

We’re at risk of missing out on some of the most profound opportunities offered by the technology revolution that has just begun.

Yet many are oblivious to the signs and are in danger of watching this become a period of noisy turmoil rather than the full-blown insurrection needed to launch us into a green economy. What we require is not a new spinning wheel, but fabrics woven with nanofibers that generate solar power. To make that happen, we need a radically reformulated way of understanding markets, technology, financing, and the role of government in accelerating change. But will we understand the opportunities before they disappear?

Seeing the Sixth Revolution for What It Is

We are seven years into the beginning of what analysts at BofA Merrill Lynch Global Research call the Sixth Revolution. A table by Carlotta Perez, which was presented during a recent BofA Merrill Lynch Global Research luncheon hosted by Robert Preston and Steven Milunovich, outlines the revolutions that are unexpected in their own time that lead to the one in which we find ourselves.

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The article “When good technology

Similarly, the article “I’m not a computer person” (Lohnes 2013) speaks to the fact that students expectations as far as technology is concerned is very different. In a study done with 34 undergraduate university students, they advise that technology is an integral part of a university students life because they have to do must everything online from applying for college or university, searching and registering for classes, pay tuition and that in addition to being integrated in the administration, etc. technology is also widely used to teach and is valued by higher education.

Those students, however, feel that technology poses a barrier to success as they struggle to align with the ways in which the institution values technology.” A student explains that technology is used in her freshman year to turn in assignments, participate in discussion boards and blogs, emailing the professor, viewing grades and for a wide range of other administrative task including tracking the next school bus. This particular student whose name is Nichole says that she does not own a laptop but shares a family computer. She has a younger brother who also uses the computer to complete his school work so she consequently has to stay up late to complete assignments. She states “technology and I? We never had that connection” (Lohnes). Nichole dislikes the fact that her college requests that she had more contact with technology than she is conformable with. Nonetheless, she explains that as she started doing those school online assignments so frequently she came to realize that they were not that bad.

 

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Sachin Tendulkar Vs Ganesha

Sachin Tendulkar, the maestro has met with very difficult times off late, he has never performed so badly in a test series before, than the just concluded series vs SriLanka. Before the Srilanka tour, he was approached by a film producer for a few minutes role, the role demanded him to perform a small temple service in his movie which was a tribute to the Lord’s miracles. All the actors, devotees & sports persons were doing their roles free of cost. This was being done to promote the “Siddhi Vinyak” temple & was a good ploy to bring more funds for the temple trust.

Sachin is known to be a very big devotee of the Hindu God, right from his childhood, he has also been very grateful to the God, he used to visit “Siddhi Vinayak” temple whenever he gets free of his Cricketing commitments. The same God who made him a super star, on his own words.

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Conventional wisdom will tell you to call in a real estate agent or broker

 

So you want to sell your house. Have you picked your listing price yet? A lot rides on that number. Having your house priced right means the difference between a fast sale, and months or years of hell. So, in an effort to educate sellers, I’m going to share how to figure out what your house is actually worth.

They will tour your house and look up comparable sales in your area, then give you an opinion as to what your house is worth. But please understand their motivations before you accept that number as fact. In a nutshell, agents will often tell you a higher number and assure you that it will sell without performing any repairs because they want you to sign a listing agreement with them. It’s only human nature to choose the agent that gives you the highest number and the smallest repair list. Once you’re locked in, you can bet that when it doesn’t sell right away because your price is too high, they will start encouraging you to drop your price.http://eglobe.dk/

Not that asking an agent is a bad idea, but make sure you do your homework too. So, how do you figure out what your house is worth? Well, there are several ways, some more accurate than others.

The easy way is to just look up your house on one of the house values web sites. It’s as easy as typing in your address and getting a number. The problem with these is that they aren’t very accurate because it can’t take into account the features and issues of individual properties.

The right way to do it is to look up recent sales in your area of homes comparable to yours. Then tweak that number based on your own house and the properties surrounding you.

Let’s take a look at the easy and right ways in more depth:

Easy, But Not Very Accurate

There are several websites that will give you an estimated value for your house. Zillow.com is probably the largest and best known. You type in an address, and it will give you an estimate (they call it a “zestimate”), and a probable range of values for that house. It isn’t bad, but it isn’t great either. I find that the zestimate is often a bit high, I suspect that they are inflating the numbers so as not to anger their audience. I find that the true market value is lower, closer to the bottom of the estimate range. Zillow does give you lots of other useful information though. You can see price trends and the sales history of houses, so you can see how long it took to sell and how many price reductions they had. You can also use the price/sqft of recent sales to take a stab at your house value by multiplying it times the square feet of finished space in your house.

Other sites that you can look at include HouseValues.com and CyberHomes.com.

The Right Way, And Most Accurate

Any real estate professional, such as an agent, appraiser, or lender will tell you is that the price range for your house is determined by the recent sales (within the last 6-12 months) of similar houses in your neighborhood. Most houses in a given neighborhood are going to be of similar age, style, and size. Even if there is variation, odds are that there are going to be several that are comparable to yours. What those comparable houses sell for sets the price range for your house. If the three recent sales of comparable houses in your neighborhood sold for $190k – $230k, then your house isn’t likely to be worth $295. Be as objective as you can, and compare your house to those three. Don’t worry about assigning any value to bonus features of your house yet, just compare your house to the others based on the common features in all houses. Specifically, how does your kitchen, baths, flooring, and systems (furnace, electrical, roof, windows, etc) compare with those three recent sales. Let’s say that yours is in between, not the worst or best, so your house has a base value of $210k.

Good sites to use to find out the recent sales in your area: Realtor.com (search for “Recently Sold” instead of “Homes For Sale”), and Zillow.com (once you find your house, scroll about 2/3 of the way down the page and there’s a link on the right “See Sales Similar to [your address]”), or you can go to your local tax assessor’s web site and search for recent sales.

This base number is then modified by the pluses and minuses of your individual property. If it is in poor condition, the house’s value will be reduced. If it has extras that other houses don’t have (like a large sun porch, bonus room, or top-notch kitchen/bath) then the value will be increased.

On negative items, the rule of thumb is that repairs or items that are out of date subtract directly from the base number, plus 10%. The 10% is essentially there to convince someone that likes the house to go through the pain and suffering of renovations after buying the house. So if your house has old outdated kitchen and bathrooms, and needs $25k to update them, then you should expect to deduct $27,500 from that base number. Even at that lower price, the house might not sell overnight. Buyers today want pristine houses. Renovations are a headache that buyers generally don’t want to face. With so many houses on the market, they can be choosy.

Some bigger issues such as wet basements, old electrical, leaky roofs, rotten trim/siding, and leaky plumbing are hard to quantify. Let’s say your basement has a seepage issue. The floor doesn’t even have to have standing water, just be damp and stinky. Dampness might knock $10k off the price, wetter than that will knock $20-25k right off the value of the house. Look at it this way, pretend you’re considering two equal houses, but one has a wet basement. How much cheaper would the wet house have to be to make you choose it over the dry one? See how those big issues have such big affects on the value of a house? These bigger issues scare buyers away, and in order to get buyers over their fear of the issue, you need to present a very attractive price.

Extra features, unfortunately, don’t directly translate to the house’s value the same way that negatives do. That beautiful, $25,000 sun porch you added doesn’t necessarily add $25k to your house’s value. You’re probably only adding $10k to your house’s value. It’s a sad fact, but in a buyer’s market, all the numbers work in favor of the buyer, not the seller. It’s unfortunate, but that’s the way it works.

So, If your house has a base of $210k, needs $25k in renovations, has a wet basement, and has a sun porch that adds $10k to the value, your house would be worth $172,500. That might hurt, especially if you still had a 2007 value in your mind, but 2007 prices are long gone. You can either accept it now and sell your house quickly, or learn it the hard way through several price reductions over a very painful 12-18 months.

Of course, you could fix those negatives yourself. But are you prepared to hire a good contractor (one that does the work right, is insured, licensed, and handles all permits and inspections), monitor them to make sure the work is done right, and come out of pocket for all those repairs? In this market, you are unlikely to make a profit on your repair investment, but it might make the house sell faster. Or you could just sell it “as is” to someone like me, a real estate investor, save months of work and worry, and get on with your life.

NOTE: The Author has no relationship with any of the websites mentioned in this article.

 

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purchase every product you wish to promote

You don’t necessarily have to purchase every product you wish to promote. If you can prove you have a decent amount of traffic (and sometimes if you just ask), you may be able to get free review copies of some of the products you’d like to promote.

It doesn’t hurt to ask. Even if you don’t have any existing traffic yet, you can write to the owner of a particular affiliate program, tell them what you’re planning to do, and ask if you could get a review copy.

Some people won’t give you a review copy. Plenty of marketers get requests for review copies from those who just want to get a copy of their product for free. So if you run into a skeptic, or someone who’s been burned before, you may get turned down.

In this case, it’s probably best to just go ahead and buy the product if you really want to promote it. If it’s a scam or a really crappy product, just ask for a refund.

You can also consider using a donation button on your blog. If you can’t find any good products to promote, and you don’t have the time, money, or ability to create your own product, you can still put up a donation button. If your blog is very good, you may get donations.

Or, you can always sell ad space on your blog. If you start getting a substantial amount of traffic or you get a very high PageRank in Google, you could charge a lot of money for a link on your blog. You can also get paid for making posts on your blog that review other sites