Capital investment: residential and commercial buildings in Berlin

Selling old real estate 2026: What to look out for?

Berlin, Hamburg, Munich, Cologne, Düsseldorf, Frankfurt and throughout Germany, this guide is specially designed for newcomers and the first sale. First of all, the initial situation is an important point of reference for the next steps. In principle, there are only two important questions:

• Who wants to buy my old house?
• How much is my old house still worth?

Your house sale, your multi-family house sale is basically like any house sale, only the valuation of the house, the valuation of the multi-family house is a little more demanding, depending on the year of construction and defects.

Let’s start with the “most important” question:

What is my old house worth?

Even if many first-time sellers often think so at first:

Who would be interested in my old house?

Even if your old house or apartment building is in absolute need of renovation and is in a C-location:

Offer price makes buyers

Firstly:

Buyers can always be found for the right price

Secondly, remember this:

Where there’s a house, there’s a plot of land!

Living space is scarce and land always has its value. Old detached houses, semi-detached houses or terraced houses and especially apartment buildings offer potential.

Want to learn more about sales?

Here I have all the steps for you in one guide:

• House sale
• Sale of apartment building

Let’s move on to the valuation of your old house:

Assessment: Dilapidated, in need of renovation, what to look out for?

How is a house valued? Anyone selling their very first home will have many questions about the procedure, the process and also the valuation of the old property. After all, the valuation is the basis for the offer price and purchase price and, ultimately, your profit from the sale of the property.

What type of house are you selling?

We are about to provide you with even more detailed advice on real estate valuation for houses, apartment buildings and villas, depending on the type of house you want to sell. The parameters change depending on the type of house, from terraced houses and detached villas to country houses and apartment buildings.

Depending on the size of the property, the condition of the property, the higher the letting capacity (versus vacancy), the location and the size of the plot, the offer price will be realistic and attract prospective buyers for your property.

Evaluation criteria: Location, size, condition

Here is an overview of the five most important evaluation criteria:

1. Type of house / type of use (owner-occupied, rented, multi-party houses)
2. Size of the property
3. Size of the property
4. Situation and development
5. Condition of the object
6. Current letting

Of course, you do not prepare this valuation yourself, it is prepared by professionals like us, by experts or surveyors. This provides an objective valuation(market value) as the basis for the entire calculation, from which the offer price can be calculated. When calculating the asking price, prospective developments are also factored in.

Want to learn more about valuation?

Learn more basics about house valuation, valuation of apartment buildings and, of course, the valuation of land.

• Rate house
• Valuate apartment building
• Valuation methods
• Typical defects by year of construction

Even away from the big city, living space is rare and you will find a buyer.

Selling an old apartment building: Get in touch!

Stephan M. Czaja (Lukinski)

If the floor space is large enough and the apartment building has enough condominiums, old houses, apartment buildings and their plots can have great potential with real estate investors, both domestic and foreign.

With renovation backlog, vacancy, dilapidated, please contact me without obligation:

• Contact us

Apartment building / apartment building for sale off market

In order to reach such investors (family offices, companies, investment and real estate funds, other institutions), you need to sell your property with experts in the off-market sector. What does that mean? This is where real estate is marketed exclusively by a real estate agency.

1:1, so to speak, the real estate agency only contacts selected contacts based on the previously known profile. Your property will then not appear on real estate portals, but will be presented very specifically to individual investors with a suitable purchase profile. Large investors want direct and exclusive access, other properties are not of interest to them because they cost time.

The big advantage:

The entire sale is discreet, anonymous and you don’t waste time with interested parties who have no money or just want to have a look.

Advantages of off-market sales:

• Targeted approach of investors and institutions
• Exclusive access for selected contacts with a matching profile
• No presence on public real estate portals
• Faster sale and potentially higher sales price

Capital and purchasing power: e.g. for modernization

These investor groups also have the necessary capital to develop the old property. They have 2 options.

Example: Development from rental to ownership

A very simple example: You have an old apartment building with 15, 20, 30 or 40 tenants. Now you have two options:

Option 1: Regional buyers

Regional investors generally have less capital than investors who operate nationally or internationally. Accordingly, the majority of properties will continue to be operated as they are.

This means that there is less potential in the old property and the purchase price falls.

Option 2: Supra-regional investors

Larger investors, on the other hand, take capital into their own hands and develop the property, for example by turning rental apartments into condominiums.

As a seller, you will also receive higher offers.

That’s why you don’t waste your time on real estate portals, having to answer 100 emails, constantly running credit checks. And how do you check the buyer’s equity or financing?

If you sell your old property off-market, it is not uncommon for the first person you contact to become the buyer of the property. The purchase contract and notary appointment are completed four weeks later.

Advantage: Proof of financing is available, as are the investors’ purchase profiles = fast sales process

Properties in the renovation backlog:

Old castle, palace or estate?

Even more special than houses and apartment buildings are properties such as old castles and palaces that have seen their best days.

However, there is also a good chance that real estate investors or investment funds will be interested in your property. Depending on the status of the listed building, “simple” options (conversion into condominiums) or more complex options for conversion or rededication can be implemented.

That’s why we can’t offer you a standardized guideline here, similar to old houses and apartment buildings. It always depends on the individual location, the development possibilities, for example due to the listed building status, but the history also counts for such properties.

Der Beitrag Selling an old house / apartment building: Renovation backlog, vacancy, dilapidated – what to do? erschien zuerst auf ℄ Real Estates.

Trading App eToro: Best Trading App?

Important / Preface – This is my personal experience as a trader. Always be aware that all forms of trading are associated with risk. Gold, ETFs, index funds for example less than stocks. As you saw in the Wirecard case, individual stocks can also go down. Pandemics, too, cause prices to fall, as is currently the case in tourism. Currencies, cryptocurrencies are absolute speculation for you and carry a high risk for price drops.

No investment advice or purchase recommendation!

All information provided here does not constitute investment advice or a recommendation to buy. All statements are my general published opinion. I have obtained the information from my experience as a private investor. This experience report cannot and is not intended to replace personal investment advice from professionals.

The typical questions from beginners are: Which is the best trading app? What are trading apps good for? Can you make a lot of money with trading?

Here directly all the answers, to the top 3 questions:

1. Which is the best trading app? Robin Hood, but does not exist in Germany. Therefore eToro.
2. What are trading apps good for? A lot! Trading has never been so easy for private investors.
3. Can you make a lot of money with trading? Yes, with the right trading strategy.

Why am I writing this article?

In recent years, I have tested pretty much every trading app, from profit tools like MetaTrader 5 to the many apps you can find in the PlayStore or iStore to “Trading App”, “Stock App” & Co. I myself earn my money as an entrepreneur, with my companies. I often had profits in the bank or invested them in projects that have nothing to do with my core business. After all, money has to work and should not lie in the account at 0 interest. Saving was always something I didn’t understand. Now I do! I put money back and it becomes more.

Get to know the app and its functions here step by step.

Which is the best trading app?

There are many alternatives and worldwide. Which is the best trading app? As I said above, honestly, Robin Hood is the best trading app. Because here you don’t pay any order fee or margin (!) for the broker (learn more about this here: Margin in Trading), this is unique to Robin Hood.

The downside, Robin Hood is unfortunately not available in Germany! As soon as there are plans to make Robin Hood available in Germany, you will be the first to know.

Apart from Robin Hood, I like eToro the best. Find out why here! Fast registration, 0 Euro order fees, 0 Euro account management, and much more.

My Top 3 Trading Apps:

1. Robin Hood (not available in DE)
2. EToro
3. Trading Republic

What must a good trading app be able to do?

Evaluation criteria – Let’s start with the important aspects first, these include 5 parameters in particular. An uncomplicated, fast registration. In addition, the costs, e.g. for account management, as well as order fees. The operation and handling of the platform must be simple. Likewise, the platform, whether online portal or app, should have all relevant trading options.

Important for me:

1. Quick registration (without mail)
2. Amount of account fees
3. Amount of the order fee
4. Operation of the app / website
5. Trading possibilities

That’s why eToro: Free account, no extra order fee

The majority, especially German banks, take a monthly or annual fee for the deposit (your account) alone, quasi your account maintenance fees. In addition, there is also on top a trading fee, between 5 to 10 € per purchase. This has always bothered me!

Apart from that, registration is also an important aspect, especially for beginners and newbies. With regular banks, registration can take forever, even with direct banks. All of them even still do the registrations by mail.

Registration? Quickly. Fees? Free of charge

At eToro, it actually only takes you an hour to finish the verification process and you can start trading stocks, cryptocurrency, ETF, index funds, commodities and currencies.

The ultimate advantage of eToro, in my experience, 0 € account fees, 0 € order fees and a fast, uncomplicated registration.

That is why I have been trading with eToro since the fall of 2020. At the latest, if you have read through my article on cryptocurrency trading(Strategy 3: High/Low), you know why it is important to have no order fees. Because the constant buying and selling ensures that your profit is in the high/low fluctuations. The higher the fees per trade, the lower your profit.

This is what the eToro app looks like:

What does eToro earn money with then?

On the one hand, like all brokers: By margin. A small markup, of about 2%, on the purchase price. All of them do that. All brokers charge margin, as I said, Robin Hood is so far the only app where you can trade without margin (at least if you live in USA or UK).

The margin then looks like this:

• Sell: $100 (current price)
• Buy: $102 (including margin of $2)

As I said, all brokers have this the same.

On the other hand, eToro has other special features for you as an investor that you won’t find on other trading platforms, which generate additional profits for the company. These are, for example, other traders that you can follow (more on this later in “Copy People” and “Copy Portfolios”) but also special, bundled stock products.

It is exactly this COPY function that makes eToro so good!

Here, I don’t have to acquire the expertise myself in order to generate good returns. So even as a private investor, without previous experience, I can look at different investors (stock portfolio, monthly return) and copy their portfolio.

So you can trade the experts yourself.

A return with low risk then looks like this for you (excerpt: Trading Strategies).

Development: Long-term trading (Copy People)

Thus, an investment of $10,000 grows in one year, with a monthly return of 3.41%.

• Investment: $10,000
• Capital after 1 year: $13,983.81
• Increase: + $ 3,983.81
• Yield / month: 3.41
• Yield / year: 39.84

At the end of the year, you have 39.84% more assets, completely “without work”. After deducting the capital gains tax, which is 25% in Germany, you are left with 29.88% pure profit.

29.88 % pure profit in 1 year

Returns of 50%, 100% can only be achieved by active / risky trading, like here in strategy 3: high/low or also short trading (taking profits of falling prices).

Advantages of eToro: App summarized

Here once again summarizes the advantages of eToro.

eToro advantages at a glance:

• Quick registration (no mail)
• No account fees (0)
• No extra order fee (0)
• Simple operation (web and app)
• Trading opportunities (all)

Here, as promised, is a step-by-step tutorial and guide, through the app eToro.

Step-by-step: eToro Guide (App)

Get to know the app and its functions here step by step.

Watchlist – Watch prices of shares, coins & co.

In the watchlist you collect the stocks you want to watch. In order to invest in them later, if necessary.

You can easily add new values with one click. You can also create individual lists, so that you can, for example, make a list in which you observe Asian stocks in particular. Another list might be specifically for your favorite cryptocurrencies and yet another list, watches stocks of electric car manufacturers and yet another real estate stocks. If you then want to invest in a single stock, you can do that with two more clicks.

Tip. Before you make your first trade, be sure to read this article, on cryptocurrency trading, here you will learn not only the basics for trading digital currencies, but also from the classic FIAT currencies, the euro and U.S. dollar but also stocks, ETF and index funds, divided into 3 simply explained, basic strategies for “trading on the stock market” or at brokers.

Watchlist at eToro:

• Observe individual values
• Categorize or create lists

Portfolio – Your investments, all courses at a glance

The portfolio is structured in the same way as your watchlist. Here you will find the values in which you have invested. The individual values can of course be filtered, e.g. in the type of financial product, the profit and loss in euros or dollars or also in a percentage value, and much more. This way you have an overview of all your investments.

I usually have my investments sorted by % gain/loss. Of course with the negative values at the top! I do not want to look at “only” profits, I want to work on building sites that generate losses. Maybe also for you a good spirit in trading.

But here in the portfolio you also have access to the various activities, so you can see, for example, what deposits and withdrawals you have made to your account.

Portfolio at eToro:

• Overview of your investments
• Current courses
• Profit / loss
• Capital employed
• Current assets per individual asset (capital +/- loss or profit)

News Feed – Trading news from the community

Here you get a rough overview of how your assets are developing, in a curve. Below your asset development you will find news, or contributions from the community, about the values you are watching in the watchlist or in which you have invested, in your portfolio (whether stock, cryptocurrency, ETFs or other), in which you are interested.

Helpful for active trading, because here you get trading news from the community.

News Feed at eToro:

• Assets
• Investmed News

Below you will find the financial products, from stocks to index funds to cryptocurrency. After that come eToro’s own features around “Copy People” and “Copy Portfolio”.

Trade Markets – Trade with eToro

The markets include all major financial products. Here you can find shares of individual companies. You will find ETF savings plans, with which you can bet directly on an industry. You also have access to index funds, a typical example would be the next corner or the badger. These index funds include several shares from one economic community. Besides stocks and stock products, there are commercials that you can trade, as well as crypto currencies. Finally, the classic, commodities & precious metals.

1. Shares (Stocks)
2. Share packages (ETF)
3. Index funds (Indicies)
4. Cryptocurrency (Crypto)
5. Currencies
6. Raw materials (commodities)

Stocks – shares of the major stock exchanges worldwide

Shares are the best-known financial product. Shares appear in the news, in newspapers, they are talked about.

Companies issue shares when they want to raise capital. Simply put, the company is valued, this valuation is then broken down into individual shares. Investors can then buy these shares on the stock exchanges. So you can participate as an investor, in the success of companies.

With eToro you can trade all stocks that are traded on the major exchanges from New York to London and Hong Kong. This gives you access to stocks from all over the world.

Among the most sought-after stocks worldwide are those of Tesla, Amazon and Google. You can also trade them at eToro, as well as German stocks, for example Lufthansa.

Shares at eToro:

• Amazon
• Google
• Tesla
• …

ETFs – Bundled share packages (less risk)

So-called ETFs (Exchange Traded Funds) comprise shares, or selected shares from an industry. In this way, one can invest in certain themes, while at the same time minimizing the risk in the event of an individual failure. The trading is done by the fund. ETFs are long-term investments. Perhaps you have also heard of the term “ETF savings plan”.

Individual stocks have a much higher risk than bundled ETFs.

A very practical example would be the Wirecard scandal. Investors who placed their bets on this single security from the financial sector fell flat on their face. The investor bears the risk. If you had invested the same money in a fintech ETF that deals with financial technologies, i.e. a bundled fund instead of individual stocks, you would have spread your capital over 20, 30 or even more companies.

The individual loss of the Wirecard share would therefore not have been of great significance. However, the generally positive development of the financial sector would have been taken into account.

ETFs minimize the risk of individual stocks and spread it across an industry.

ETFs on eToro:

• AAXY (iShares MSCI)
• BAR (Graniteshares)
• DBA (PowerShares)
• …

Indices – blocks of shares from economic regions (such as Dow Jones)

Just as ETFs are launched (by companies, brokers, banks), there are also index funds. These cover a certain economic area. Typical examples are e.g. DAX, Dow Jones.

As a rule, such a fund comprises between 30 and 100 individual stocks, which are combined in such an index fund. This allows investors to focus explicitly on national economies.

The risk of index funds and ETFs is significantly lower than that of stocks. You have already learned why above. You have not focused your portfolio on a single stock, but on an industry or economic zone.

Index funds on eToro:

• China50
• DJ30(Dow Jones)
• GER30(DAX)
• …

Crypto – Cryptocurrency like Bitcoin, Litecoin, Ethereum & Co.

Cryptocurrency, or digital currency, is still a completely new area for many investors. Of course, investment objects such as commodities, precious metals and shares are much more proven. However, anyone who has followed the emergence of digital currency will, the Bitcoin emerged year 2009, which sees the ever-increasing relevance and digital currency. Read more about the development of cryptocurrency here.

In the meantime, not only individual private investors deal with digital currency such as Bitcoins, but also entire countries, software companies, auditors and many other players.

Digital currency gains relevance.

If you haven’t dealt with the field of cryptocurrency before, you’re naturally wondering, what’s the difference between classic currency and digital currency?

Classic currencies, such as the U.S. dollar or the euro, are known as FIAT currencies. They are determined by central banks, which means by individual persons and bodies.

Digital currency, or cryptocurrency, on the other hand, depends exclusively on the market principle of supply and demand. Financial assets such as shares draw on existing values, for example products, brand values, patents and much more. Cryptocurrencies do not. That is, cryptocurrency, has a very high, psychological aspect, when the market decides, not individual politicians.

Cryptocurrency at eToro:

• Bitcoin
• Bitcoin Cash
• Ethereum
• Dash
• EOS
• …

Get to know many of the most important ones here: Cryptocurrencies.

Currencies – currencies like Euro, US Dollar, …

Before we even start with the topic of currency trading, be warned, currency trading is extremely speculative. Accordingly, the profits are high, but so are the losses if the prediction does not come true.

Trading no financial products without experience and expertise

That is why I keep this point very short. EUR / USD and USD / CNH are currency pairs. What that means, and how currency trading works, you will learn here: Currency Trading.

Currencies at eToro:

• EUR / USD
• USD / CNH
• GBP / USD
• NZD / USD
• USD / CAD
• USD / JPY
• …

Leverage effect explained (Leverage): Leverage effect X2, X5, …

What makes trading currencies on eToro so “risky”?

All currencies are traded with leverage. This is simply put, a short-term loan from the broker. This increases profits and (!) risk. You give $1,000, take a leverage of 10, and you have $10,000 of capital tied up.

X10 = from 1.000 you make 10.000

Examples of levers:

Also, some mapped index funds automatically have leverage, such as the China 50.

Commodities – commodities such as gold, silver, oil, …

The stock market started with commodities. People agreed on certain values, e.g. for coal, iron ore or other goods. Even today, commodities are traded with market values. Accordingly, the prices of commodities fall and rise. Commodities can also be bought and sold at eToro.

Commodities at eToro:

• Gold, Silver, …
• Iron, copper, …
• Oil, gas, …
• Sugar, wool, cocoa, …
• …

Copy People – Successful Investors “Copy

This is one of the strongest features that the trading app eToro offers. Summarized in one simple buzzword, “Social Trading”.

Just like on social networks, you can see profiles of traders. So you know what portfolios the traders have, you see the returns of the last months and years, so you can make an estimation about the profits.

Ultimate advantage: Let trade

The biggest advantage, however, is that you don’t have to adjust your daily business according to your investment portfolio. If you trade yourself, you have to keep an eye on the different stock exchange prices, as well as the different opening hours of the stock exchanges worldwide, from New York to Europe Herten to Asia. You have to follow news from economy and politics. A lot of work that you can save with the smart copying of successful traders!

Compare at eToro:

• Gains/losses by month
• Gains/losses by year
• Investment portfolio
• News stream
• Number of copiers
• …

Instead of trading yourself, you can follow successful traders. In a few seconds you can copy their investment profile and automatically make exactly the same purchases and sales as the professionals.

Here you will also find various recommendations and investment concepts.

• Most Copied
• Trending
• Long-Term Stock Investors
• Long-Short Investors
• Multi-Strategy Investors

Copy Portfolios – “Copy” successful products

What succeeds, what doesn’t? Portfolios summarizes different financial areas. Here you can find, for example, bundled, successful traders. Or, you can follow bundled many papers of an entire industry. Discover the markets best yourself!

• Market Portfolios
• Top Trader Portfolios
• Partner Portfolios

Read more: Trader Copy & Tips

eToro App: Copy Trader – Trading Beginners have a big problem, they are not familiar with trading financial products. No matter if it’s stocks, currencies, cryptocurrencies, index funds, ETF or leverage. The “big advantage” of eToro is in “copying trading profiles”. That is, you can as a beginner and beginner (but also professional), passively actively participate in the stock market! Once copied, all financial products are traded 1:1: Stocks, cryptocurrencies, ETF and index funds. What this means, you will learn in this article!

• EToro: Copy trader

Sell + Buy: Trading Tip

With my articles and guides, I want to help you save money! In my first trade, I made -5,500 euros in 1 hour. Why? I wanted to practice quickly. Because besides my companies, I only have the morning and the night for trading.

What is the Quint Essence?

“Quantum interest” explained: Take short-term profits

I came up with the term “quantum interest” to clarify the concept. We do not wait for the big end, we also use small jumps (price movements) to take interest (profits).

A quantum leap is often perceived as something big. In fact, however, a quantum leap is the smallest possible unit in physics, simply put. Smaller than any virus, smaller than any atom, smaller than a proton, even smaller than an electron.

As you have already learned in the article on trading strategies, taking profit from small movements, is a good strategy to build your wealth further. Because that’s how you take:

1. Gains from long-term increase in share prices and
2. Gains from short-term price fluctuations

Time sale and schedule new purchases

I have built this table myself to calculate when I re-enter after a TP (Take Profit; selling the stock/currency/etc.). For this I subtract the margin x2 (i.e. the trading fee of the trader). At eToro, for example, you pay round about the following fees (margin) per trade:

• Cryptocurrency: 3%
• Shares: 0.2 %

Download: Sell / Buy table

In my table, the whole thing looks like this. In the line “Sell” you enter the rate at which you have set your TP. Of course, the table is also available for you and the community as a free download:

• Sell / Buy – Table, Download

Price Alert for Realtime Trading

In addition, I set up a price alert. This is then always slightly below the price, usually 0.5 – 1% before my TP. So I can reorder directly after the sale.

Tip! You can also “buy” automatically! To do this, you do not place your order directly, but buy at a certain price value. You can do this easily when buying the cryptos, stock, etc..

You can also find more tips and insights here:

• Strategy: High / Low Trading

Here are a few more common questions from trading beginners:

FAQ: Questions for beginners

1. Trading apps with 1, 2 star rating?!
2. How secure is eToro?
3. Is eToro free of charge?
4. What does a trade cost at eToro?
5. What are the eToro alternatives?
6. Can you buy stocks on eToro?
7. Can you buy from gold?

Trading apps with 1, 2 star rating?!

Yes. Robin Hood also currently has only 1-2 stars. Why? Remember the financial news, around GameStop stock? Briefly recounted: Tens of thousands, hundreds of thousands of private investors conspire on a Reddit forum to make coordinated purchases of specific stocks. Old stocks like Blackberry, Nokia and GameStop. They want the price of the shares to rise so that hedge funds that have bet on falling prices can’t sell. The more expensive the securities become, the less profitable it becomes for the hedge funds – David against Goliath.

Due to the extreme and unusual rise of GameStop & Co. shares, some brokers have stopped trading (or buying) the shares. This has led to a huge shitstorm and millions of 1-star reviews. This is the story behind the bad and negative reviews of all (!) trading apps that have suspended trading.

Read more about the GameStop story here:

• GameStop Share

How secure is eToro?

Can eToro be trusted? In my experience, eToro is very secure. You can even increase the security of the app by selecting a 2-way login. This way you always have to verify yourself with your smartphone before logging in.

There are also no known cases of security vulnerabilities.

Is eToro free of charge?

Yes, you do not pay for the account, nor do you pay an extra Or fee. Only the usual margin (2%), as with all brokers and apps. Tip. Create a virtual account first, here you can practice trading stocks, ETF, cryptocurrency and Co. easily and for free, with virtual money.

Only for payouts, a small amount is charged for processing. I believe this is currently 5 euros.

What does a trade cost at eToro?

As described above, you do not pay a separate order fee on the trade, only the standard trading margin of ~2%, as with all brokers.

What are the eToro alternatives?

Besides eToro, there are many trading apps. Many of them are from German banks like ING Diba, but OnVista is also a popular provider in Germany. Then in the app stores there are good apps like Trade Republic and Coinbase. The last two also have virtually no cost.

Can you buy stocks on eToro?

Yes, you can buy stocks in the eToro app. To do so, go to the menu of the app or in the web browser:

1. Open menu
2. Click on “Trade Markets
3. Click on “Stocks” or “Shares” in the filter.

If you already have this stock, you can also buy it directly in your “portfolio”.

Can you buy from gold?

Of course, you can also trade commodities. Besides gold, this includes silver, for example, but also commodities such as wool, oil and gas. To buy gold, go to the menu of the app or in the web browser:

1. Open menu
2. Click on “Trade Markets
3. Click on “Commodities” or “Raw Materials

If you already have this stock, you can also buy it directly in your “portfolio”.

What is margin in trading?

As described above, the margin is the broker’s profit margin. Between selling price (rate) and purchase price is therefore a small margin. In my table from the guide Trading Strategies, the whole thing looks like this. In the line “Sell” you enter the price at which you have set your TP. Of course, the table is also available for you and the community as a free download:

• Sell / Buy – Table, Download

The table contains:

• Calculation margin sale / purchase for cryptocurrency (% at eToro)
• Calculation margin sale / purchase for shares
• Calculation of leverage effect (spreadsheet 2)

Trading: reading tips

1. Trading strategies
2. Cryptocurrencies: List
3. Cryptocurrency future? History

Trading strategies

Whether it’s cryptocurrency, currency trading, stocks, commodities or precious metals, these 3 strategies will help you understand the basic stock market game. I developed these 3 strategies to help beginners and novices understand the mechanics in a nutshell. Since I grew up with Bitcoin rather than stocks, here in particular a strong reference to digital currencies. However, the mechanisms or strategies are the same for these 5 investment types: cryptocurrency, currency trading, stocks, commodities or precious metals. I would exclude ETF and index funds here, as the risks and price fluctuations are significantly lower here.

• Trading strategies

Cryptocurrencies: List

BitCoin, BitCoin Cash, Ethereum, Litecoin, Dash, Ripple, Zcash or Binarcy Coin: They are considered the answer to traditional means of payment. Through the digitalization and decentralization of money, banks become superfluous. Only buyers and sellers are responsible for the control and security of their digital money. You want to invest in Bitcoin & Co. too? We have an overview of the most popular cryptocurrencies here.

• Cryptocurrencies: List

Cryptocurrency future? History

The world is increasingly sent into lockdown by the new Covid-19 virus. March 2020 was the month in which stock market prices also plummeted. Papers like those of Lufthansa fell to ~ 1/5 of their pre-value. Minus 80% losses in a few weeks. This happened to almost all sectors, except e-commerce and online trading. In contrast, the price of Bitcoin and other cryptocurrencies is holding up. What makes cryptocurrency stand out? Why im wanting to buy more cryptocurrency? Since March, BitCoin (BTC) has reached 453.9%. Ethereum (ETH) 376.2% and Binary Coin (BNB) at 428.5%. Currency trading is attracting more and more investors, including individuals. The phenomenon is strong in forex, but more investors are also getting involved in the stock market, as seen recently at GameStop. A look at the development, 12 months after the start of the pandemic, in mid-February; with the consequences of the lock down in March.

• Cryptocurrency future?

Share, ETF, Crypto: My experiences / mistakes

Stocks, ETF, Forex, Cryptocurrency, Social Trading – Here’s a little list of a few learnings that cost me money but are so simple you should know them! You want to buy stocks, index funds, cryptocurrency like Bitcoin or Ethereum, foreign exchange (currencies)? You’re thinking whether house bank, direct bank, online broker or app? Trading all on your own at risk or new options like social trading via app? My experiences and mistakes!

• Share, ETF, Crypto: My Experience

Der Beitrag EToro Trading App: Stocks, ETF, Cryptocurrency (Bitcoin), … Costs, rating + experience erschien zuerst auf ℄ Real Estates.

Real estate agent website

Reading tip: Advertising agency real estate

Who works in the field of real estate listings, which must pay much more attention than usual to a high degree of seriousness. Seriousness not only plays a major role in the mediation of real estate, it is the figurehead. Finally, one invests as a tenant, especially of course as a buyer, relatively high amounts in relation to their own saved or income. Therefore one wants to be able to rely as prospective customers naturally from second one on on-line offer. The serious look of the advertising agency will therefore decide whether interested parties contact you or not.

Challenge technical quality and seriousness

Reference projects are so important for an advertising agency. The more references, or the more successful reference clients the company has, the more experience and expertise the advertising agency can also bring to your project. Therefore, you should ask for key figures that prove the success of previous projects.

However, an advertising agency should not only tell you about the successes, risks are also an important topic when it comes to investing in your own online media. Not all online media are suitable for every company, the selection, that is the media mix, also ensures success. Another factor is the planning, in which time frames does the agency calculate? Compare several offers and you will be able to identify your favourite more easily on the basis of the different coverings. Last but not least, you always need a concrete objective. Therefore, you should determine so-called KPIs together with the agency. KPI stands for Key Performance Indicator, which means key factors for success. This includes, for example, the number of unique visits to your website, which are the individual visitors, e.g. per month, or the impressions in the search engine, do the rankings increase and show?

Let’s summarize, this is what an advertising agency should be able to present:

• List of reference customers or reference projects
• Key figures of success
• Honest assessment of risks
• Timetable and roadmap
• KPI, Key Performance Indicators

How is a website created?

When it comes to websites, many people think of a uniform product, the family home, so to speak. However, websites and real estate differ from each other. From the so-called landing page, a quickly built prefabricated house, to the massive property, with detailed block and its own wiki on the subject of real estate.

Concept and strategy: graphic design to online marketing

Basically, the website always starts with the concept and the strategy. Here, the advertising agency looks at exactly what your real estate agency provides services for your customers. From property management to shell construction to real estate agency. The construction industry is extremely diverse and many agents are not only active in brokerage but also in buying, selling, new construction or renovation. Some larger real estate companies also have their own subcontractors, e.g. services such as janitorial or the property management just mentioned. Some sides are thus smaller, describe e.g. only the brokerage, other sides bring in also various other aspects and firm components. They advertising agency takes up all these information and bundles them in a short and conclusive concept from, which can be opened the final strategy. In the further it concerns the organization of the Internet side.

The design of the website takes place in close consultation with you. At the beginning, all variables are summarized and clearly determined. From the exact size of the logo to the color scheme of the website. Of course, components also play a role, for example, contact forms or forms to house evaluation. All this is determined in the first screen design, as it is called in the technical language. As soon as you as a customer approve the first layout of the web design, it goes to the elaboration of the Internet page.

Content management system

After the layout, the content management system, CMS for short, is now set up. The best currently available content management system for your needs is WordPress. The open source software is completely free of charge and is thus not associated with monthly costs. Nevertheless, it is the world’s largest system and thus offers 100% flexibility if you want to expand your internet site. For example, you can build your own real estate portal for brokering properties, here brokers but also customers can pay directly with credit card or PayPal. You can offer your own books, but you can also have your own real estate listings enhanced by a very accurate search filter. Thousands of possibilities you have with your own content management system.

The advertising agency takes care of the construction and setup of the website. Next, the content is planned. Basically, the website always starts with the concept and the strategy. Here the advertising agency considers exactly which your real estate agency at the achievements and services for your customers furnishes. From the house management over the carcass up to the broker’s office. The contents of an Internet side differ extremely, depending upon how exactly you would like to work in the search machine optimization. For the real estate sector, however, it is worth investing in search engine optimization, because high profits can be made here, once you make it to page 1 of search engines like Google, Bing, Yahoo, Yandex or others, a lot of people visit you sustainably, every day. Once you manage to attract 500 or 1,000 visitors a day to your website, compare that to a local real estate agency. 500 to 1,000 visitors a day. Wouldn’t that be powerful? This is exactly why large real estate companies invest in their own internet sites. We also recommend for you, if you work locally and regionally, to invest in your own website with local search engine optimization.

Opportunities and advantages for your brokerage office

The own Internet site brings extremely many advantages in the competition, because it is not only a modern visiting card, it brings buyers, tenants and salesmen to your office. No matter which area of real estate you specialize in, the shell, renovation, sale, rental or even the classic brokerage business, for any form of business your own website is profitable. The investments, which are needed for the structure of the one Internet side, play themselves in the course of the time fast again in. Especially for high-priced business models the own website is profitable for gaining customers and interested parties.

The big secret behind success, good web design and search engine optimization. We also want to enter both points in this article on web design for real estate agents.

The advantages of having your own website at a glance:

• Modern business card and competitive advantage
• Permanent visitor source for buyers, sellers and tenants
• Always and everywhere retrievable
• Retrieval from computer, notebook, tablet or smartphone
• Interested parties have access to information even if you do not know it
• Placement of current offers

These are the most important details you should consider when booking an advertising agency. Now let’s take a look at all the services in detail.

• What does web design mean?
• What does Responsive Design mean and what advantages does it bring?
• What does content management mean?
• What is WordPress?
• What does search engine optimization mean?

All services at a glance.

Webdesign design of the website

Although performance factors in particular speak for the success of a website, the design, i.e. the graphic design, is of course usually important for the client. While websites in the first ten or fifteen years still contained many design elements, websites today have a very minimal structure. Why is that? With the increasing number of end devices and thus also different formats of screens, the science can be tuned less and less. In the past, a design had to be made for one screen, the computer. Today there are smartphones with 4K screen, 05many still use older models, whose pixel count is only on 10%. In addition, there are tablets, notebooks, smart TVs and many other end devices, e.g. also smartwatches, which offer more and more power and bring more security, also for accessing the Internet, into everyday life, directly on the wrist. Due to the many end devices, websites are built very functionally today. Nevertheless, the corporate design, e.g. the color scheme or the shapes, whether square, circle or triangle, plays a role in the design.

When it comes to design, however, the advertising agency is also concerned with the usability factor. Usability is an indicator for the user-friendliness of a website. Simply put, how many steps do your customers need until they reach their destination? Is it just a single click or does the visitor have to navigate through a multitude of pages? Can they find the right offers quickly and easily or are they hidden in a complicated way? This usability raises the performance of your website, in terms of satisfied visitors but also in search engine rankings.

• Minimal design due to the many end devices, from smartphone to 4K Smart TV in the living room.
• Functional design, more on this in the Responsive Design section.
• Usability as a success factor
• Relevance for search engine placement

Brand identity and corporate design

After the basics of functional design and usability have been discussed, we move on to the integration of your own brand identity or corporate design. Corporate design stands for a uniform appearance that allows prospects and customers to quickly recognize the own brand or project. Corporate design includes aspects such as colouring but also shapes, fonts and spacing. Everything that has to do with the design of media. Media does not only have to be digital, corporate design also exists for the printed company car. Where is the logo placed? At what height? And what about other car models?

The own brand identity plays a role in many aspects, from the outdoor advertising on the business premises, to the company car to the own website. Therefore, the advertising agency should of course also discuss and consider this aspect. After all, your identity is what makes you stand out to your customers. From your philosophy to your external image. So give the visitor a familiar feeling when he visits your new website.

Tip from our editorial team: Send the advertising agency a flyer, a brochure or a link to an existing website with the first briefing. So the agency can look directly at the current graphic design. Because not always an Internet side must be set up completely again, on it goes also only around modern Re Design.

Redesign

If you had your website programmed in 1995 or in the year 2000, you are of course completely outdated nowadays. At that time there was still screen resolution in the offices from 800 to 600 pixels. Who had a high-end device, which came already times on 1024 pixels. Today, smartphones already have 4k resolution, with almost 4000 pixels wide. In addition, there is no longer just the classic landscape screen, devices are rotated, screens are split, a website must adapt dynamically to every situation.

Therefore, many real estate companies have their website revised after a certain time. As a rule, it is advisable to have a constant companion on the subject of homepage and maintenance anyway. Because if you let your website lie fallow for years, you will lose valuable visitors who can ultimately be sellers of houses or buyers of houses and condominiums.

Re-design involves transferring the aforementioned aspects of corporate design into new systems. The most popular nowadays is WordPress. We come to this directly after the topic of Responsive Design.

Responsive Design

What is Responsive Design? As we have already mentioned above, the number of devices has multiplied extremely. Designs, i.e. the graphic design of a website, must be dynamically adapted accordingly.

When developing websites, advertising agencies therefore make sure that all elements are packaged in such a way that they can be accessed from all possible end devices. This is not only about the basic different end devices, also the models differ from each other. Just consider the Apple iPhone. Currently, the following models are commonly used:

• IPhone 6
• IPhone 7
• …
• IPhone X

Each terminal has its own screen format, not only each iPhone, of course, each tablet of the company, notebooks, computers. Then there is the fact that Apple does not even have the largest market share, currently leading is Samsung. Immediately, ten more models are added. This large variety of devices must take into account their advertising agency, and therefore in the first conversation should also talk about the topic of Responsive Design.

That’s going to be expensive! Fortunately, the costs are kept within limits, because advertising agencies resort to content management systems that already bring a large part of these functionalities with them. So your website doesn’t have to be developed completely from scratch, the foundation of the house, if you will, is delivered ready to go. So let’s take a look at content management systems and the most popular CMS, WordPress.

WordPress CMS Content Management System

Before we get into this topic, don’t worry, you as a real estate agent don’t have to deal with this on a day to day basis! We wanted to give you an overview, what is a content management system? After all, it is your foundation, for your modern business card to your own real estate portal.

Content management systems stand for dynamically generated content. Explaining it simply, in the past every single page of a homepage had to be programmed by the developer, using HTML and CSS. So every single blog post had to be written in a single HTML file. When there are changes, this HTML file has to be opened, edited and saved again one by one. Additionally, all other files have to be changed, e.g. if the link to the HTML file changes. A lot of effort!

With the possibilities of Web 2.0 came content management systems. Basically, all content is now no longer written in individual files but in a common, large database. Depending on what information the user wants, the page is created based on this database, e.g. a search form in your website. The user is interested in condominiums in Berlin, our system looks into the database and retrieves all entries on the subject of condominiums in Berlin. The search results are then dynamically compiled results from the database. The advantage: structure and content are now separated. The structure is HTML and CSS is the basis. HTML determines the individual elements, e.g. the upper area in the header, then comes the text, then comes a footer, e.g. with our contact details. CSS determines the design, e.g. whether the header is blue, green or white. It also determines the shape of the font, the width but also its color. This is how you build the interface of the website and the content, blog posts, search results or even real estate listings are then retrieved individually from the database and displayed within the specified places.

This is the basis on which 99% of websites currently function. Therefore, it is important to know the basics of the functionalities. So that you do not have to deal with such details in everyday life, but can fully concentrate on your real estate business, it is recommended to book a good advertising agency:

• Advertising agency real estate

Homepage maintenance and updates

The support includes not only the setup and installation of the website but of course also the maintenance and updates. From simple changes, which then affect your design, e.g. if an extension has been further developed, to attacks by hackers, who specifically look for vulnerabilities in outdated scripts. To eliminate all these vulnerabilities, your ad agency should not only take care of the one-time creation and setup, but also maintenance and updates. This includes not only the prevention from attacks, of course also the creation of backups, backup copies of your website.

To avoid falling into a cost trap, bring up the point of maintenance and updates early in the conversation. Imagine that the advertising agency of your choice ultimately does not offer the service and you have to switch to a third-party provider who then smells big business, after all, you need someone to take care of the job. Basically though, it’s not just about the content management system, it’s also about the domain and hosting.

Domain and hosting

What is a domain? In the meantime, there are no longer only the classic domains, e.g. ‘.de’ or ‘.com’, but a multitude of domains, e.g. also ‘.one’ and yes, even ‘.real estate’. In the meantime a whole jungle of domains has opened up, the competent and serious advice of an advertising agency is therefore worth a lot. Not only when choosing your own domain but also when finding a name. The older the domain, the more complicated is the name finding, because most of them have been sold over the decades, of course. Now there is the possibility to buy an older domain, for expensive money or to have a creative advertising agency that finds solutions, even for the old and competitive domains.

Do domains matter in search engine optimization? Yes! There is even a separate term for good domains, so-called keyword domains. A so-called keyword domain deals with what they do. For a social media agency, for example, this would be ‘socialmediaone.co.uk’. Here, the activity is directly linked to the agency name. Even better would be just ‘socialmediaagentur.co.uk’. Therefore, you should also try to have the word real estate or the word broker in your domain. This makes it easier for search engines but also for users to recognize what it is about and this will be noticeable in your successes.

You can make many mistakes when hosting domains and URLs. Even if it is ultimately only peanuts per month, some costs accumulate over the years.

50 € a month? Too much! When it comes to hosting and hosting providers, we trust our advertising agency and can recommend this article on the subject:

• Cheap hosting

Here you will not only learn how to book your webspace with the cheapest provider, the provider also offers German quality, with German data protection rules and of course server location in Germany. This in turn plays a role for the speed, the so-called pagespeed. In short, the faster a page loads, the better it will rank if the rest of the content is right. If domains are parked in the USA, but your visitors are mainly from Germany, all data packets have to be retrieved from the USA every time. Despite fiber optic cables, it costs a few seconds of time if, for example, images are still being loaded. Valuable fractions of a second, which ultimately plays into the hands of the competition with servers from Germany. So that they do not have to make a complete change of provider later, you should trust a good hosting provider right at the beginning.

Should it be something more than a real estate agent site? If you want to build your own real estate portal that contains listings from different districts, cities, then you need accordingly adapted content management systems but also hosting.

Advertisements for house and apartment

Depending on how many listings you want to present on your real estate website, it is a smaller or larger system. If you have less than 100 listings, the management is not a big task. However, if the number of your advertisements develops in the direction of 500, 1000, you will need something more.

Should you now consider booking an advertising agency, then this should be one of your most important aspects, already at the first briefing, or the first e-mail or the first phone call. Because the development of such a system requires much more time, which of course must also be planned in advance. Therefore, remember to estimate already at the beginning the development of your own website, in the next one, two or even three years. This will allow you to develop the system accordingly right at the beginning, or develop it in a certain direction, so that the extensions can be added later.

Search engine optimisation for estate agents & real estate: being found

Search engine optimization is the big sticking point for all websites! Page 1 on Google, Yahoo, Bing, Yandex, DuckDuckGogo and many other search engine providers is comparable to the most popular shopping street in the big city. Everyone wants to be placed here, here walk the large crowds of visitors, tourists, constantly new people.

That’s the big secret of page 1, investing in ads brings one time visitors, if you want more visitors, you need to spend more money on advertising. Investing an internet site of your own, is a lasting investment, because once you make it to the top, you have to get past it. So if you create a great system with which you make it to page 1 for important keywords, for example property sell Frankfurt, then you have sustainably created something that must first be surpassed by your competition. Until your competition delivers a better offer, the search engine will give you preferential treatment.

With a little luck, this can be not only over months, but also over years and sometimes even decades. Nowadays, on page 1, there are sometimes still websites that were programmed in 1998. For certain topics, no one has ever created something new and greater. As long as no one provides a better source of information, the old page stays on top. If you now have not only one good keyword but maybe even 1000 good keywords, chances are that you will collect visitors for a long time, every hour, every day, every week and every month. Then so to speak, quasi for free, because your investment has already been made.

So that pages generally remain strong and of course also collect new keywords, so that they get even more visitors, so that even more interested parties, tenants, buyers or sellers, the constant care is important. The constant care is in relation to the structure, however, very uncomplicated, content is constantly supplemented, small optimizations are made to the design, keyword usability from the beginning. A website is like a real estate, the foundation, the construction, especially with new construction, requires a lot of work. If the house once stands, it is but mostly still beauty corrections to increase the value.

Just like in home building, there are two areas on websites. On the one hand, there is onpage optimization, which is, so to speak, all the changes you make to your property, and on the other hand, there is offpage optimization, which is, for example, all PR actions to make your property known. We just want to tell you briefly what it’s all about.

Onpage optimization on your website

Onpage optimization of internet pages deals with all the work that is done on one’s own internet page. This includes regular content, which is published in previously calculated length, to exactly certain keywords. In addition, there are various improvements, for example in pagespeed. As mentioned before, the faster an internet site loads, the better it is rated by search engines but also by users. The risk of users bouncing or search engines not ranking us well is low. Further it goes with design and usability, does the visitor feel comfortable and does he find the right offer fast and easy? Many aspects that ultimately result in a great overall concept, the constant and permanent onpage optimization, which must be considered at the beginning of the development of a website.

For the optimization one uses software, which can be different products, from free and free software, which is offered for example by Google itself, the so-called Google Analytics and the Google Search Console, up to software which is used in the market, e.g. Xovi. With these software products, editorial plans are created, from which the individual work steps are derived. From new content to the optimization of existing content, from extensions to changes in the design and so on.

Offpage optimization through link building

The offpage optimization includes all external steps that promote the success of the own website. A large part of this work is the so-called link building. Linkbuilding can be explained quite simply, imagine a bar, someone walks in the door and no one talks about him or her. Accordingly, no patron is going to reach out to him or her. If you specifically have two or three people pointing to you as you enter, for example by pointing or whispering and looking in their direction, you will draw the attention of other patrons. The classic public relations! You have a new product? Your PR agency places it in magazines, the more magazines talk about you, the more will take notice of you. It’s the same on the Internet!

On the Internet there are many blogs, for example, blogs that deal with the topic of crafts, decoration or even more specifically with the topic of making money with real estate. On all these blogs, you can usually buy so-called advertorials. These are paid blog posts that talk about a topic of your choice, you will be linked. If the craftsman blog reports, for example, on the topic of reputable real estate agents and refers to your website, very many users will follow this recommendation and visit your website. Through this targeted link building, the amount of referrals increases and so does the amount of clicks that occur because of this referral marketing.

Such and other off page optimization is also the focus of an advertising agency when it comes to search engine optimization.

Frequently asked questions and answers

Finally, we wanted to share a few common questions and answers lists that are often asked in regards to marketing real estate, especially if you are entering the agency world for the first time. When it comes to the differences in agency work, many ask the question, who does what? Our overview on the topic of advertising agencies:

What do you do in an advertising agency?

Advertising agencies are the full-service partner, they take care of both the very basic issues, such as corporate design but also simple forms, stationery, up to extensive websites. Their work also includes everything to do with marketing and public relations. If you turn to an advertising agency, you can and should expect them to take care of all your media and communication needs.

What is a marketing agency?

Marketing agencies specialize in sales. From the product to the price, packaging but also distribution channels, or promotion. When you turn to a marketing agency, then with the goal of optimizing your product and sales channels.

There are also different categories among the marketing agencies. On the one hand, the classic print marketing agencies, as well as sales agencies, e.g. for telephone acquisition and marketing campaigns, up to modern online marketing and of course social media marketing agencies. The higher the degree of specialization, the more precise the focus on a particular strategy. Depending on the company, it is recommended to either use a specialized agency, or a general active one. For example, if they want to increase sales through Facebook ads, they should go straight for a social media marketing agency. If they are undecided about which forms of marketing is best for you, you should contact a general online marketing agency, which will show you the various advantages and disadvantages of each way.

What do you do in a PR agency?

PR agencies are also a more accurate form of marketing agency. Public relations is the channel that helps products gain notoriety. Public relations means publicity that really bears fruit only when mentioned regularly. This means your brand or company needs to be placed in various relevant media outlets more frequently. For the regional estate agent, this can be the daily newspaper that is on your breakfast table on Sunday mornings, as well as the fashion magazine in which you can place articles as a luxury estate agent. However, the work of a PR agency goes even further, e.g. it ensures positive mentions for the right people, e.g. at events, through invitations or also through the event. PR agencies ensure that the own brand or product is in the right light and becomes better known.

So PR agencies ostensibly have the purpose of brand awareness, not sales. If they want to sell, you should turn to a marketing agency, because they also consider the sales channel, not just the channel of awareness.

How many agencies are there in Germany?

In Germany there are actually over 10,000 agencies from the field of advertising, marketing and PR. So the choice is huge and a recommendation that has so much value.

What is online marketing?

Online marketing in its special form deals with the marketing of products and services via digital channels. The concepts are extremely different. From funnel marketing that collects interested parties and visitors through targeted channels, to ad management on Google, to the placement of ads on other sites. Online marketing sets itself the goal of using digital media as a sales structure. This creates great advantages for customers, because unlike marketing methods that take place offline, the individual paths can be reconstructed very well. This means that you end up with extremely accurate sales figures. Each individual campaign or advertising action can be evaluated in the exact percentage range. So you don’t just hang a poster in the city centre and hope that it will generate more sales. You know exactly which person, based on which channel, ultimately made which purchase or not. This precise tracing of an individual channel allows extremely accurate conclusions to be drawn when data is collected. From this you optimize the individual campaigns and advertisements. This results in more sales. This is exactly the job of an online marketing agency. Digital sales and constant optimization of the sales channels.

What is SEO and SEA?

SEO means search engine optimization, this part deals with the work on your own website. The optimization of individual pages, blog posts or even real estate listings, up to improving the page load time and of course the basic structure.

SEA means search engine analysis, in this discipline you look at the developments of your own website in the search engines. How were the individual pages and blog posts ranked? What changes have there been since the previous month? What measures can be taken to improve the ranking even further? This is what search engine analysis is all about.

Tip. Real estate exposé with drone (recommendation)

What enhances a real estate exposé? Pictures say more than a thousand words and drones deliver the most beautiful pictures or videos that you can wish for as a real estate seller.

Buy a lightweight, fast and good drone with camera cheap online? Before buying a drone for photo and video shooting, you should definitely read reviews. Because, there are many drones in the market, but which one is really good in comparison? We have had in our years many drones in our offices and this, is our absolute favorite: Perfect images, easy to use and a drone under 1,000 euros, including all accessories, from propellers to hard case for the road. This is the ideal way to showcase houses, villas and land for the next real estate exposé. With the DJI Mini 2 drone videos or drone footage are created so quickly that you have learned the entire shoot around flight and production in one day.

• DJI Mini 2: Experiences

Der Beitrag Web design real estate agents: How to get the best real estate website – Advisor erschien zuerst auf ℄ Real Estates.