I Wanna Be A Virtual Real Estate Developer!

Creating your own virtual real estate has become an extremely popular way to generate an income online.

In this article, I explore in more detail a bit about what virtual real estate is, but more importantly, what you will need to know to become proficient in this particular method of Internet marketing.

The term ‘Virtual Real Estate’, is used to describe the concept of a single person or company owning and operating multiple content-based websites with the sole intention or creating a profit, similar to how real estate developers will own multiple properties with the view of either selling them off or generating a profit from them in the form of rent.

Because it’s a way of generating income that I believe has a lower entry point in terms of cost to far more people than other forms of Internet marketing, I thought I’d look at it from the perspective of someone who is interested in learning how to get involved in this particular field.

So, read on and let me know your thoughts…

Virtual Real Estate
Internet marketing is a now mature industry, full of big players with years of experience and substantial resources, who can attract thousands of visitors per day to their websites.

Newcomers to this industry face an uphill battle if they want to rise above the thousands of other wannabe website owners and achieve any level of success.

As with most mature industries saturated with competition, the only way anyone can make inroads and capture some of the market share is to think out of the box and find a niche that they can dominate.

In recent years, this has led to a rise in the number of Internet marketers specialising in creating a portfolio of multiple low cost, income producing websites, designed specifically to market a niche product or products. This collection of website has been termed Virtual Real Estate (VRE), and the people who build and maintain them, Virtual Real Estate Developers (VREDs).

The idea behind Virtual Real Estate is actually very simple.

Firstly, a website is created which is promoted in various ways, in order to attract traffic. Once the website has reached a certain level of interest, various monetization methods are used to start generating a profit. This can range from selling advertisting space using AdSense, Yahoo Publisher Network or MSN AdCenter, or by promoting affiliate and CPA offers, or even simply by generating and capturing leads in a specific niche which are then sold to companies in that niche.

However, the prime motivating objective of a VRED is to get the first website up and running and making profits, then repeating the process time and time again.

Eventually, the VRED will have created a large number of websites, sort of like a Virtual Real Estate Empire, and although each website may only bring in a few dollars a day, the cumulative total of all the revenue streams combines to form a significant amount of money.

These websites, sometimes called niche websites, are usually fairly simple sites consisting of only a few pages. However, all the content on the website has been designed around a specific keyword or small group of keywords. The ultimate goal of the VRED is to get each website listed as number 1 in the Google search results for the particular keyword it is associated with, although anything in the top 5 positions is also considered an excellent result.

…ultimate goal of the VRED is to get each website listed as number 1…

A VRED must have the determination and tenacity to continually adopt new strategies in order to be one step ahead of the competition. Most VREDs are high achievers who are never willing to accept being second best.

In their eyes, accepting anything less than the number one position is a failure.

VREDs are always on the look out for new market opportunities, and are willing to take educated risks. If there is enough data that suggests that a particular market may be possible to conquer, a VRED will give it a go.

Conversely, a VRED will not waste time and energies on battles that will never be won. VREDs are realistic in their expectations and strictly adhere to the ‘fail fast, fail often’ rule. If something isn’t working they will investigate the reasons why and if necessary, will pull out of a failing niche if it is deemed a no-win situation.

VREDs only deal with the cold, hard facts.

Up until the last few years, the majority of website businesses were established using the same principles followed by traditional business. Namely, they provided a service or product to fulfill a gap or need in the market.

In most cases, this perceived gap in the market was at best a gut feel or rough estimate, and as a result, led to the failure of the website to crystallize a profit.

Over the last decade however, search engines like Google have allowed online business owners to reach a never-before achieved level of understanding about customer behaviour. Their search data, gathered over the years, can be analysed in great detail to get right to the core of a whole range of customers online buying behaviours, identifying exactly what they are buying, how these buying trends change over time and what market gaps may exist.

VREDs, using this vast amount of information and implementing sophisticated data correlation software, are able to not only identify these market gaps, but can also determine with a fair degree of certainty whether or not the market is viable, exactly who the competition is and what will be required to compete and conquer the competition and attain a 1st position ranking in the search engine results.

Armed with this information, an experienced VRED can have a website up and running with a top page ranking and producing income in a matter of a few short weeks.

So what skills are required to become a VRED?
To become a proficient VRED, you’ll need a wide variety of skills and abilities. But the diverse nature of online business means that almost anyone can use their unique experience and skills and leverage them to become a successful VRED.

A lot of being a VRED is pure commonsense and having the ability to put themselves in the customers shoes; understanding what a customer is looking for and whether or not a certain product or service will be in demand.

But in general terms, VREDs must possess the following attributes.

  • Willingness to spend hours researching market niches;
  • Patience and dedication to detail;
  • Ability to take action and crystallize ideas;
  • Ability to delegate design and/or research work;
  • Ability to manage a lot of information;
  • Ability to operate complex software tools

Being a VRED is an extremely interesting and satisfying Internet marketing specialization to be involved in as your ability to generate large sums of money is only limited by your imagination and ability to outsource the daily maintenance and monitoring tasks required.

Once the process of identifying a niche market, creating a corresponding website and monetising that website has been learnt, a VRED can simply repeat the process over and over again, and in doing so, is able to build an on-going income generating online business and achieve real financial freedom.

Home Interior Design – Comfort and Functionality Being Critical Aspects

Why would you approach an interior designer? The normal purpose would be to have a plan made to give the finishing touches to the home you just bought from a builder or perhaps giving your existing home renovated anew. In both cases, you have to take into account many factors and the interior design company that you choose should also factor in these aspects to provide you a desirable design for the interiors of your home. What are these factors?

The Interior Designing Must Take a Holistic Approach

When you seek the help of a home interior design expert, you should be able to impress upon him the need to view the assignment which has to consider all the aspects of the home, the size, location, living space available, the people occupying the house and the way to connect all the utilities. Then there would be a tossup between the aesthetic appearances of the interior versus the usefulness of a particular part of the design.

The interior design company has to assure you that whatever they are recommending for your home will not contravene any local regulations and will also conform to the environment without causing any pollution or greenhouse gases.

Coordination with the Contractor Executing the Work

Many times, the interior designer would give you a plan, but the contractor who is selected by you to execute the work in your home might not agree with a few recommendations. If you are not very familiar with the work of the interior, you could be put to inconvenience in this difference of opinion between the two. To avoid this, you might want to make them sit together and come out with a commonly acceptable plan of action so that the work could be done smoothly.

Have You Included the Furniture as well?

If you have given an assignment to the home interior design expert, along with the suggestions and choices for the furniture, then you might wish to share your own preferences with him/her. This way, the final outcome will reflect your individual personality as much as the creative ideas put forth by the designer. In the case of specific areas in the household, like the kitchen, for example, the interior designer has to come up with the ideas to make the kitchen a modern one with the modular storage and the smoke hood provisions and so on. However, at this stage can you overlook the comfort and functionality. Things have to be stored and retrieved during the daily use of the kitchen by you and your spouse and you should not be put to any discomfort.

Then the new interior work should make the bathrooms better, and the electrical wiring and lighting fixtures be made much more energy efficient in keeping with the need of the times we live in and so on. While doing all this, you have to keep an eye on the cost. You might already have a budget and the interior design for your home should get done within the same. Your home will be an enjoyable place to live in if you have the best interior.

Residential Real Estate Development – Keys to Success

Developing prime residential real estate takes research and planning. The first step in the development process is finding attractive property. The development group needs to select property that has unique natural amenities, or contains a specific terrain, this is beneficial and adds to the overall theme that a development group is establishing. Pivotal’s knowledge and experience in property selection has been proven by their development in the western region of the United States. Pivotal pinpoints growing areas around the US and begins planning residential developments. Finding lucrative property within these areas allows Pivotal to develop master planned communities that meet the high expectations of their residents. Pivotal has been successful developing residential areas in both downtown and suburban locations. The specific location of the property is not as important as what the property offers residents. There are many categories within the property that have to provide a balance making the property an ideal development opportunity.

Finding the ideal property and combining it with a pristine home builder facilitates Pivotal to provide attractive homes located on beautiful property. Pivotal has teamed up with award winning builders from all over the country to design and build homes within their master communities. Utilizing the expert construction knowledge of the builders along with the ingenious design of the architects allows Pivotal to create luxurious homes within their master communities. The builders who are contracted by Pivotal understand the high expectations that Pivotal demands, and the high quality product that Pivotal provides to its residents. Pinnacle Peak Place is a master planned community that Pivotal developed in Scottsdale, Arizona. Pivotal teamed up with Geoffrey H. Edmunds and Associates to design and construct the homes within the community. This partnership resulted in beautiful custom homes ranging from $1.5-3 million dollars. These types of results are what Pivotal uses to attract investors from all over the United States. The relationships with builders that Pivotal establishes and maintains allow them to replicate these results.

Adding legendary facilities completes the residential real estate development. Many of Pivotal’s master planned communities have spas and other retail sites located within them. These amenities add to the convenience that residential real estate developers are looking to provide for their residents. Signature golf courses and first class fitness facilities help complete the development process. Pivotal has teamed up with the best golf course designers in America to offer their residents a unique golfing experience. Jack Nicklaus designed the 18 hole championship course that Pivotal I built in their Cimarron Hills community. This kind of expert knowledge shows residents that they are receiving the best quality when they move into communities that Pivotal has developed.

Pivotal has helped transform residential real estate development from home building into community design. Pivotal developed communities are planned and designed taking into consideration the needs and expectations of potential residents. This allows the architects and designers the freedom to create master communities.