Advanced training | Lukinski

Become a vocational trainer: AEVO Questions 4 – Completing Training (for Real Estate Agents, Trades & Co.)

Laura — Fri, 29 May 2020 00:25:37 +0000

Becoming a real estate agent job instructor: Test questions for field of action 4 – What is it about? Field of action 4 deals with the final examination of the trainees and the completion of the vocational training. Becoming an IHK real estate agent trainer has many advantages for your company! Prevent a lack of skilled workers, well trained skilled workers and more performance through targeted training. We have all the important questions for your professional trainer exam (AEVO = Ausbilder Eignungsverordnung) from real estate agents! The trainer certificate brings you many advantages. If you have the necessary prerequisites, you should definitely take the further training for trainers.

AEVO in the Masterclass (free of charge)

In my Masterclass you will find methods, strategies and hacks about online marketing, search engine optimization, content marketing, Photoshop and much more. Tips: how to buy. Now there is also the new special for professional trainers. I attended the preparation course, took the theoretical exam and was in the practical exam. What I learned? The preparation course is only half the battle (practice makes perfect) and just like in school, in the end you only need 10% of what you have learned in the exam. You can find all the questions here:

Now in the Masterclass: AEVO 4 – Complete training.

Becoming a trainer: Fields of action and examination

Here you will find everything you need to know! Get to know the fields of action of the AEVO exam and get practical tips for your final presentation with many examples and videos – all for free! Now in the Lukinski Masterclass:

AEVO Questions 4 – Completing training

What’s at issue?

Preparing trainees for the final and journeyman’s examination
Registration with the competent body
Reference to special features relevant to implementation
Preparation of a written report based on performance appraisals
Informing and advising trainees about in-company development paths and further vocational training opportunities

What is the legal basis for the audit of financial statements?

The legal basis for the final examination is derived from the Vocational Training Act, the training regulations for the respective training occupation and the examination regulations of the competent body.

Vocational Training Act
Training regulations for the training occupation
Examination regulations of the competent body

Who is admitted to the final examination?

Admission is granted to trainees who have taken part in the intermediate examination, who have completed the written proof of training and who are listed in the competent body’s register of vocational training relationships.

Participation Intermediate Examination
Written evidence of formal qualifications
Registered in the register of vocational training relationships of the competent body (registered)

What is checked during the final examination?

The final examination determines whether the apprentice has mastered the required professional skills, whether the necessary professional and technical knowledge is available, in short competence to act.

It is also determined whether the trainee is familiar with the subject matter of the vocational school.

Professional skills
Professional and technical knowledge
Curriculum of the vocational school

Who registers the trainee for the final examination?

The trainer must register the trainee for the final examination.

Do trainees have to be released for the final examination?

Trainees, regardless of age, must be released from work by the training company for the day of the written final examination.

Young people under the age of 18 are also entitled to time off work on the working day immediately preceding the final written examination.

Exemption for written final examination
Young people additionally on the day before the final exam

What is the structure of the final exam?

The structure of the final examination is divided into a skills examination, a knowledge examination and an action-oriented examination, depending on the training regulations.

Skills test
Knowledge check
Activity-oriented examination (depending on training regulations)

When did the trainee pass the final examination?

The final examination is passed if all relevant examination areas have been passed with at least a satisfactory performance.

Passing all areas of the examination
At least sufficient (4)

Construction interest rate comparison for your property – repayment rate, interest rate comparison & various influencing factors

Laura — Sun, 24 May 2020 18:15:30 +0000

Building interest comparison for your real estate – building interest or also mortgage interest, of different credit institutes need you, in order to be able to lock a construction financing. The comparison is important to find the best and cheapest construction financing for their dream property. Especially the Internet offers an incredible number of financing advisors, where you can compare and calculate the current interest rate. Sensible – because you can save a lot of money. With a calculator for construction interest, you can easily enter the most important data such as income, loan, location of the construction project, term, etc., to have in the end tangible figures for the planning of your property.

Building interest rate comparison – when is it worthwhile for your property?

Various factors are used to calculate construction interest rates . First and foremost, however, the construction interest rates are derived from the situation on the financial markets. The most important of these are the key interest rates, which are set by the European Central Bank in Germany and which indicate the interest rate at which money can be borrowed on the market. For the future property owner, the key interest rate has an effect on the annual interest rate of the construction financing and especially in times of crisis, this is favourable for the builder.

By applying for low interest rates on loans, economic stimulus is hoped for various industries. This also applies to the real estate market, because in order to strengthen the market, low interest rates are offered to the builder. Although the prime rate here already gives a certain direction, all banks still have different interest rates that are offered to customers. Because of this, it is well worthwhile for builders to strive for a construction interest rate comparison to really achieve the best deal for their own property.

Factors influencing the individual determination of the construction interest rate

However, the market-dependent borrowing rate is not automatically the interest rate that the borrower must pay per year on the remaining debt. The final interest rate is only determined after taking into account many other factors. These include, among other things, the processing fees of the banks, because they charge a fee for the provision of construction money.

The so-called effective interest rate is therefore already somewhat higher than the actual debit interest rate. From bank to bank, different effective interest rates come about for the builder, which vary depending on the construction loan. Another factor is the personal circumstances of the builder. This includes things like the solvency due to the credit rating, the income and the available equity.

These factors also have an influence on how high or low the final construction interest rate is. Concrete information about the interest rate can therefore only be given once this personal information has been obtained. Here again shows how important the comparison of different construction interest rates can be to find the right loan individually tailored to you.

Information on the construction interest rate comparison – what is required of you?

During a bank appointment to discuss the construction loan, some important information will be requested from you in order to tailor the construction interest rate to your individual construction project. These include, among others, the following influencing factors:

Location of the property – the postcode as an important influencing factor

The postcode is considered to be one of the most important criteria by the financing calculators. The reason for this is quite simple, because banks and credit institutions can already find out a lot about the location and the location quality of the property on the basis of the postcode. It is now easier for the banks to classify the property. Some well-known postcodes, such as 60323 which belongs to the prestigious location of Frankfurt, the Westend recognize banks immediately and know how expensive real estate can be there. Some institutions for loans advertise that properties or construction projects in certain areas or places get an interest rate advantage. The specification of the postal code is therefore inevitable.

Equity capital and the required loan amount

Of course, you should also know how high the loan amount is that you need for the purchase or construction of the property. The determination of the available equity is enormously important here. So that you can be sure what you can really afford, you should calculate your exact budget in advance and draw up a budget plan. The equity determines the loan amount available and therefore the property you can afford. At the appointment with the bank, you should already know the exact purchase price of the house, so that the calculation for your loan can be calculated accurately.

Purchase price of the property

The loan-to-value ratio must be present when calculating the mortgage interest rate so that the bank can assess the risk of lending. The loan-to-value ratio is the ratio of the required loan amount to the mortgage lending value. The mortgage lending value, in turn, is the market value of the property minus a safety discount of 10 to 30 percent. This is calculated to cover possible renovations or additional costs and to have a small cushion. The conditions advertised by the banks usually refer to a lending limit of a maximum of 60 percent of the mortgage lending value.

Desired fixed interest rate from the builder

The builder should always have an idea of the fixed interest rate and also specify it. However, the longer the fixed interest rate is desired, the higher the debit interest rate will be. A known interest rate requirement is therefore important both for you and for your advisor.

Desired repayment rate from the building owner

The builder should also have an idea of the desired repayment rate, as this can also have an impact on the borrowing rate. Some banks charge a surcharge on the borrowing rate if the repayment falls below a certain limit. This is normally the limit of two percent, which should not be undercut. The reason for this is that low interest rates lead to extremely long terms, which can be significantly accelerated again by the repayment rate or unscheduled repayments.

However, you can also get an approximate construction interest rate online. There are many platforms that carry out a comparison of construction interest rates with various banks and credit institutions and provide you with an approximate overview of the available offers. Even with these online comparisons, however, you must provide all this information so that the loan offer can be individually tailored to you.

Optimal interest rate design is the be-all and end-all for a good loan

In order to keep the future interest rate risk as low as possible for the builder-owner, a number of things should already be taken into account when choosing the fixed interest rate period. Only certain options are usually offered by the banks and institutions. Mostly, the following options are offered:

Building loan with variable interest rate
Fixed interest rate of 10 years
Fixed interest rate of 5 years

More and more credit institutions and banks have recently started to offer customers fixed-interest periods of 15, 20 or even 25 years. However, loans with variable interest rates are critical for customers, because they involve a high risk. Any increase in interest rates in the market will be used by the lender to increase their interest rate and so the cost to you will increase. Such loans usually have the most favorable interest rates, but are too risky and should rather not be entered into by builders.

This is an important basis for keeping the subsequent interest rate risk as low as possible. It is always optimal for the customer if a full repayment loan is concluded. A full repayment loan is a real estate loan where the interest rate remains constant over the entire repayment period. The interest rate risk is therefore eliminated and the customer is not at risk of increased interest rates during the term. Consequently, there is no need to take out follow-up financing. However, these full repayment loans are usually significantly more expensive than ordinary annuity loans, which have a fixed interest rate of 5 or 10 years, for example.

Repayment rate – decisive for the construction interest rate

Besides the right interest rate, the initial repayment is the decisive factor for a successful loan. Like the interest rate, the repayment rate depends on many factors, including the current situation on the market and interest rates. In low-interest phases, higher repayments should therefore be agreed, which should not be less than three percent. In such a case, an initial repayment of five percent is particularly favourable for customers. However, this can fluctuate depending on the situation.

However, always keep the interest rate in mind when calculating the repayment rate, as the two have a strong effect on each other. You should still be able to afford the repayment rate without any problems. The higher the repayment rate, the faster the building loan is paid off and only a small residual debt is still available for the follow-up financing. The higher monthly interest rates will then no longer have such an enormous effect on the monthly instalment.

To show how differently the financing can proceed with different repayments, the example calculation can clarify, in which in each case a different repayment rate is selected and the other details remain identical.

Example 1:
The loan amount is 150,000 euros with an interest rate of 1.80 %. The repayment rate in this example is 5%. The fixed interest rate is 10 years and the monthly loan instalment is 850 euros. Based on the given data, the borrower still has a residual debt of 67,893.37 euros after 10 years. The follow-up financing can therefore be started with a new interest rate of 5% and a new monthly instalment of 1,010 Euros. The total term for the loan is therefore 17 years at the end.

Example 2:
The loan amount here is also 150,000 euros with an interest rate of 1.80 %. However, the repayment rate in this example is only 1%. The fixed interest rate is also 10 years and the monthly loan instalment is therefore 350 euros. Based on the given data, the borrower still has a residual debt of 133,578.67 euros after 10 years, i.e. considerably more than in example 1. The follow-up financing can therefore be started with a new interest rate of 4.80 % and a new monthly instalment of 680 euros. The total term for the loan at the end is 57 years for the borrower.

Building interest calculator – simply obtain offers online

Before you go to the bank, however, it makes sense to perform a preliminary calculation online to get a feel for the market and the current situation. With these calculators, you can also enter your individual details and obtain an offer tailored to you. So there are many advantages for future property owners, because an overview is created. You can find the best online construction interest calculators here:

Selling real estate in Kreuzberg (Berlin): condominium, house & apartment building – Real estate agent tips

Laura — Sun, 17 May 2020 16:41:40 +0000

Selling property in Berlin-Kreuzberg – selling an apartment, apartment building or your own property. Are you looking for a solvent buyer for your property? Selling a property in Berlin-Kreuzberg is not witchcraft. It doesn’t always have to be an exclusive loft in Wilmersdorf or a glamorous estate in Wannsee. Whether it’s an apartment, apartment building or land – you can also achieve top prices in Kreuzberg! We show you how it works! Everything you need to know about property valuation, off market and property sales can be found here – Welcome to Berlin-Kreuzberg! Back to: Selling property in Berlin.

Berlin-Kreuzberg: Modern & diverse district

The German capital Berlin is not only a metropolis of art and culture, but also a hub of European business. Thus, not only a large number of investors, families, professionals and students are attracted here every year, but also national and international companies from all over the world. The growing job market offers a wide range of career opportunities, the huge main train station and public transportation network make the city’s infrastructure one of the best in the country, and the multitude of monuments and historic buildings give Berlin a unique and historic flair. Whether it’s an exclusive apartment in Berlin-Pankow or a spacious villa in Berlin-Steglitz – there’s a place for everyone in Berlin.

District: map and location

The popular district of Kreuzberg is located in the east of the city between Friedrichshain and Schöneberg. The residential area looks back on a moving and colorful history and is still considered a historic place marked by cultural diversity, colorful city life and breathtaking monuments.

Sell real estate: Apartment, house, apartment building

In Kreuzberg, the cityscape is as colourful as the properties built. Thus, the sales process depends not only on the location and use of the property, but also on the types of apartments and houses. Whether it’s a modern city villa, a spacious semi-detached house or a historic half-timbered house – everyone will find their home in Berlin Kreuzberg. So that you too can sell your property quickly and efficiently, we have our free guides for you here:

One of the first steps of the sales process is the valuation of the property:

Real estate valuation: Valuation for the sale of real estate

You want to buy a property and are now in a hurry with your current property sale? Or are you planning to buy an apartment building to then rent it out lucratively? Whatever the reason for your move, selling real estate always involves a lot of planning and time. Determining the purchase price is one of the most important steps in selling real estate, and even under time constraints, mistakes here should be avoided at all costs. After all, if the value of your property is within the right range, this will generate a high demand. However, if you have chosen the wrong purchase price, this can not only delay the sale, but also scare off prospective buyers or cost you money in the end. So don’t give away any money here! Property type, year of construction, interior & Co. can influence the value of the property immensely.

If the value of your property is within the right range, this generates high demand. If the purchase price is too high, prospective buyers can be scared away.

Learn more here:

Selling a property in Kreuzberg: The right time and a realistic purchase price

Anyone who wants to sell their house or apartment asks themselves many questions: When is the right time? How do I determine the correct value of the house? Should I inform friends and acquaintances? Do I use an estate agent or is the “notice board” in the supermarket around the corner enough? Even the classic Saturday newspaper still has a real estate market. And finally there is the internet with its multitude of real estate portals.

Property valuation: factors for the sales price

Whether Grunewald, Kreuzberg or Prenzlauer Berg – Selling a property in Berlin can present you with some challenges. So here is a brief overview of what is really important BEFORE selling a house:

Know the year of construction of the property
Know the size of the plot and property
Have past workmen’s invoices ready
Request an extract from the land register
Why do I want to sell?
When do I want to sell?

Selling the property in Berlin-Kreuzberg out of “necessity” – because you simply need money – has a negative impact on the sales price. The potential buyer quickly realises that “something is not right here”. Bad starting position for negotiations!

Selling at the right time of year

Fortunately, the “right season” for selling your house or apartment in Berlin-Kreuzberg does not exist. Of course, a property usually looks friendlier in fine weather during the nice season. But if you want to buy a property, you don’t make it dependent on the time of year.

At the viewing appointment – even when talking to an estate agent – your intention to sell property will not come across as particularly serious if you are only vaguely aware of the details regarding the age, size and condition of your property. Therefore, get all the necessary documents. Always remember: if you need documents from an authority, allow for time.

Real estate sales are independent of the season!

So: take your time before you go public with your intentions to sell a property in Berlin-Kreuzberg. Because in an emergency, it can also happen quickly that you find a buyer. Especially if you hire an experienced real estate agent.

Real estate agent: From the plot of land to the apartment building

Have you now decided to sell your property in Berlin-Kreuzberg? The purchase prices in Berlin-Kreuzberg for houses and apartments are at a high level. Then look now for the right real estate agent for you and your property. He or she will help you to sell your house, apartment or plot of land quickly and reliably! And always remember: a professional real estate agent is always paid only upon success – that is, when the purchase agreement has been concluded at the notary.

Read more here: Real estate agents in Berlin

Off Market: Sell property discreetly

Selling a house without making it public – how is that supposed to work? A discreet broker knows how to bring the two worlds together. In most cases, the highest degree of discretion also has positive effects on the sales price and the speed with which a property changes hands. In the international real estate market, this method of working has long been known and appreciated as a “secret sale”.

Discreet brokers:

Sell your house with absolute discretion
Do without the usual Internet portals for real estate offers
Have an extensive prospect file
So often ensure a faster sale of your property
Sell real estate of any type and size
Work even if the seller lives abroad

Selling real estate: Is renovation worth it?

Should I renovate my property before selling it? There is no general answer to this question. But: Anyone who wants to buy a property always has a better feeling when everything is clean and tidy. A tidy visual first impression leads most buyers to conclude that your property in Berlin-Kreuzberg is basically in a tidy condition. Even if it is not quite so meticulous in the environment as a whole. So if you are toying with the idea of renovating your property, or even completely rebuilding it, then we advise you to contact a craftsman or architect. With their expertise, the modernization of your property will be a complete success.

Is it worth renovating? – Checklist:

Painting work on ceilings and walls
Old carpet out – new carpet in
Replace yellowed or old-fashioned light switches and sockets
Renew shower hoses in the bathroom
Clean and unbroken windows

Does your property in Berlin-Kreuzberg have a garden? Then you should also bring this into a recognizably well-kept condition! The eye always buys. If you want to avoid unnecessary price discussions, make sure that your house or apartment is in a decent condition. Even if it costs a little money.

Tip: Be sure to ask your tax advisor whether and which renovation costs you can claim for tax purposes!

Most common mistakes when selling a house: preparation, additional costs & Co.

You don’t have the time for preparation and you still want to sell your property as quickly as possible? You post your property all over the internet and still you can’t find a suitable buyer? There are a variety of mistakes to avoid at all costs during the sales process! From poor organisation to a lack of know-how. Whether Charlottenburg, Wannsee, Kreuzberg or Pankow – in order to sell your property quickly and efficiently, you should avoid the following at all costs:

Poor or insufficient preparation
The selling price of the property is incorrect (such as “purchase price at that time + x%”)
Indiscriminately “plaster” marketing portals and advertising pages
Only be available to the interested party at selected times
Conceal defects
Overestimate additional costs (such as for an appraisal, renovations, etc.)
Having to sell the property in the short term

Of course, you can always sell your house or apartment yourself. No one is forced to use a real estate agent. If you really want to know which defects you should and should not mention when selling your house, you should use an experienced realtor. A real estate agent becomes really valuable when it comes to the right selling price. Lukinski also advises to take the realtor with you to the notary appointment. He usually knows the buyer and seller best and can intervene in a “serious case” even shortly before closing.

Selling property in Berlin-Kreuzberg: Conclusion

If you want to sell your property in Berlin-Kreuzberg now is the right time. Buyers expect low interest rates, the economic situation in Germany is still stable. Achieve a high price for your property, because there are warnings for a so-called real estate bubble – so an overvaluation of real estate in Berlin. Even if you do not want to start selling immediately, joint considerations with a professional real estate agent already make sense. You will then know the right selling price and what you might be able to do before the “serious case of sale”.

Berlin: Real estate in the capital

Capital, university city, historical stronghold and as an international location an attractive place to live for families, couples, singles and students. Accordingly, Berlin faces a continuously growing population due to immigration.

Berlin property market: Overview

Berlin offers everything from fashion, art, finance, start-ups, and the list goes on. There is hardly a person who would not find their passion in this city of 3.75 million. This is also evident in the sprawl of the city and the different districts. For this reason it is often described as’ many cities in one’. A walk through Berlin-Mitte is very different from Kreuzberg and Prenzlauer Berg is not often confused with Zehlendorf.

Buy, rent and sell real estate in Berlin – Berlin is not only in Germany the “place to be” when it comes to real estate, in all of Europe and worldwide Berlin is known. Next to London and Paris, Berlin is the hotspot in Europe for Europeans themselves, tourists and real estate investors. Here you will find the big overview, on the subject of buying, selling, renting, investment and everything else you need to know about the Berlin real estate market.

Real Estate Berlin

Selling real estate in Berlin: house, apartment and land

As an international location, Berlin is an attractive place to live for people from all over the world. While the district of Wilmersdorf in Charlottenburg convinces with its well-kept green spaces, the residential areas of Prenzlauer Berg and Weißensee in Berlin-Pankow inspire with their unbeatable prices and central location. You want to sell your apartment, your apartment building or your property in the world metropolis Berlin? With our free guides and tips on the topics of real estate sales and property valuation, you are well prepared. Back to overview: Selling real estate in Berlin.

Living in Berlin: Popular residential areas

We present the most beautiful districts of the German capital and tell you where you can buy the best, highest quality and most exclusive properties to set up your new home, or which districts are best suited to invest in a property as an investment. Here we present the most popular residential areas – from upscale Grunewald to charming Schmargendorf and quiet Dahlem to historic Charlottenburg. Back to overview: Living in Berlin.