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#Photo editing for real estate agents in London
youthsunsky · 2 years
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Icecream screen recorder 4.58 torrent
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sophiacordero · 4 years
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Virtual Sketchbook 2
1. Journaling
Unity and Variety- Unity and Variety are complementary but opposites. Unity refers to the oneness, or individuality, of an artwork. Variety refers to the diverse elements that add interest to an artwork.
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Balance- Balance is equilibrium, or stability, by using line, texture, color, and form. Can be symmetrical or asymmetrical.
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Emphasis and Subordination- Emphasis is the area or object that draws the most attention (more important). Subordination is the area or object that draws the least attention (less important). Both can be formed by placement, size, color, and contrast.
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Directional Forces- Directional forces are paths in an artwork created by lines, alignments of shapes, etc. These guide the viewers eye’s through the artwork.
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Repetition and Rhythm- Repetition is the reoccurrence of different objects in a work of art, which can create unity. Rhythm is the order or regulation in which repeated objects are placed to create movement.
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Scale and Proportion- Scale is the size of an object in relation to other objects in an artwork. Proportion is the size of the parts of a certain object in an artwork in relation to the size of other parts in the same object. Both are related to size.
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2. Writing and Looking
Pieta by Titian
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Titan was known as one of the greatest painters in the 16thcentury in Venice, Italy. In Pieta, he uses different shadows to incorporate light and darkness. Jesus is the focal point in this piece. He accomplished this by making him the lightest and brightest person in the artwork. The rest of the coloring appears to be darker. The altar in the background is formed by a number of unique shapes. Ex- semicircles, squares, cylinders, etc. The statues and altar create a subtle symmetrical balance.
3. Connecting Art to Your World
Color is one of the most underrated things in life. I would detest living in a world of black, gray, and white. Personally, I prefer colors of lighter value (lighter colors) and high in saturation. When I photograph myself, or the world, I edit my pictures to appear very bright and colorful. If I had to pick a “color scheme” for my life, it would be different hues of blue and green. On a color wheel, this combination would be considered an analogous color scheme, meaning that they appear next to each other.
4. Art Project
Watercolor Mexican Flag
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5. Photo/Design
Interactive design serves to help people interact with products, like applications or websites.
Top five interactive designs according to Sophia Cordero.
1. Spec- https://spec.co/properties/5f15ce8402f36d0a5af559e2/details
2. Apple Music- https://dribbble.com/shots/5523931-Apple-Music
3. Nike- https://dribbble.com/shots/6289684-Nike-Chat-dark-concept
4. Tasty Burger- https://dribbble.com/shots/4038053-Tasty-Burger-App
5. Repeller- https://www.fastcompany.com/90365821/man-repellers-website-is-the-most-fun-ive-ever-had-online-shopping
To me, a good interactive design persuades someone to buy the product or products they are selling. My favorite interactive design website is Spec, a real estate agent website. Its purpose is to advertise homes and apartments for sale in London. It fulfills its purpose by showing virtual tours, which can be very useful when deciding on a new home.
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ramajmedia · 5 years
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Filp or Flop's Christine Shows her Kids Meet Their Baby Brother
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HGTV's Flip or Flop and Christina On the Coast star, Christina Anstead, has just welcomed her new baby boy - Hudson London Anstead - to her family and posts a perfectly captured candid moment of her two older children meeting baby Hudson for the first time. The joy is written all over their faces.
Christina, an expert real estate investor and house flipper, has made a name for herself in reality TV by joining her then-husband Tarek El Moussa in home renovation show Flip or Flop for 7 seasons as a married couple. Now that the two have since divorced, the ex-married couple has continued onto season 8 of Flip or Flop with a new family dynamic as they continue to co-host and renovate houses together while co-parenting their two young children - Taylor and Brayden. Even though the couple is still working together professionally, the two have both moved on personally. Tarek just recently confirmed his relationship with Selling Sunset star Heather Rae Young, while Christina married Wheeler Dealer host Ant Anstead. The first season of her spinoff show, Christina on the Coast, shows Christina growing her design business while starting a brand new chapter with her family, introducing fans to her new husband.
Related: Flip or Flop's Christina Confirms Season 2 of Christina on the Coast
Christina and her husband, Ant, have just welcomed their first child together Hudson London Anstead, on September 6th. The baby boy was welcomed by two older step-siblings, from Christina's previous marriage with El Moussa. Her children 8-year-old Taylor and 3-year-old Brayden were obviously overjoyed with the new edition. Christina went to Instagram to show the perfectly captured moment that the two siblings met their adorable little brother for the very first time. The moment, captured by a friend, shows the absolute joy on Taylor's face as she sees her new baby brother. See the adorable picture below:
instagram
Christina is seen holding the new bundle of joy, while Ant is seen holding up Brayden so he can get a better look at Hudson. In the foreground, there is Taylor with a perfect expression of both awe and pure excitement. The caption on the adorable family photo reads, "Perfectly captured candid moment of Tay and Bray meeting baby Hudson yesterday- just a little excited." The brand new edition to the family is obviously already very loved, as it is shown in the photos.
As this HGTV star is now expanding her family, while working alongside her ex-husband on Flip or Flop and continuing on for a second season of Christina On the Coast, it seems that this working real estate agent mom will have her hands full. This mom of three is overjoyed with baby Hudson and it's apparent that the same goes with the rest of the family. Welcome to the world, baby Hudson.
Next: Flip or Flop's Tarek El Moussa Confirms Relationship with Selling Sunset Star Heather Rae Young
Source: Christina Anstead
source https://screenrant.com/filp-or-flop-star-christine-anstead-posts-candid-moment-kids-meet-baby-brother/
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11 female entrepreneurs who are building the digital high street
https://120profit.com/?p=1384&utm_source=SocialAutoPoster&utm_medium=Social&utm_campaign=Tumblr It’s safe to say that the future of the UK’s high streets is unclear. With smart devices that put entire shopping centres in our hands and subscription services that deliver directly to our homes, the retail world is undergoing seismic shifts. But alongside the obvious innovation of online shopping, a handful of forward-thinking businesses are going even further to truly modernise restaurants, charity shops, estate agents, fashion boutiques, banks and more. And in this revolution, the UK’s female entrepreneurs can be found firmly at the forefront. We’ve spoken to the female founders behind 10 incredibly disruptive businesses, each of which is reworking a traditional high street haunt into a slick, convenient and innovative digital service. So read on to meet the women whose businesses are digitising the high street for today’s tech-savvy shoppers; providing brilliantly unique solutions to all our traditional shopping woes… The digital restaurant chain Riya Grover and Lyz Swanton Riya Grover and Lyz Swanton: Feedr While team breakfasts and lunches can boost productivity, loyalty and bonding among employees, most of the meals on offer in local cafes and restaurants are expensive, unhealthy and lethargy-inducing. Enter entrepreneurs Riya Grover and Lyz Swanton, who are digitising the team meal experience with their business Feedr. Active in London, Feedr is an online platform with which businesses can order healthy, energising team breakfasts and lunches. Feedr’s intuitive platform enables businesses to search food options according to their postcode, team headcount and budget. And as it partners with over 100 artisan food vendors, there’s all the variety of a buzzing high street – but available to browse from the comfort of your desk. Once ordered, the food is delivered directly to the office, negating the need for a time-sucking trip to the crowded outdoors. On how Feedr is providing an alternative to the high street, Grover says: “Consumers are becoming more conscious of what they eat and where their food comes from, but eating well at work is tricky and expensive; with high street options having limited healthy, high quality choices. “At the company level, employers are increasingly looking for better ways to encourage a healthier workforce and drive productivity. “Feedr provides a solution for both the consumer and the company by providing nutritious meals from the city’s best vendors to London’s workforce in a new way. We’ve brought the standard lunchtime trek to the same high street chains online. “Feedr showcases healthy lunchtime meals from a set of unique, independent vendors which employees can order and have delivered straight to their desk. Employers can partly or fully subsidise these meals, making it an affordable and easy way for their staff to eat healthily every day.” The digital bank Anne Boden Anne Boden: Starling Bank After the 2008 financial crisis, entrepreneur Anne Boden saw banks continue operate the way they always had. But she believed banking needed to adapt and modernise in order to thrive – so she founded Starling Bank. A groundbreaker in fintech, Starling is a mobile-only bank: its services can be accessed via an app only, with no high street branches in sight. Thanks to its slick, mobile-focused tech, Starling’s current account offers plenty of benefits new to the world of banking. Accounts update immediately when something is spent, meaning balances are always 100% accurate, and real-time notifications keep users abreast of their outgoings. Other unique features include the ability to set and track savings goals, view insights on spending habits, instantly lock (and unlock) cards, and settle IOUs with friends and family in a new streamlined process. On how Starling Bank is providing an alternative to the high street, Boden says: “When the financial crisis hit ten years ago, regulation and customer expectations were transformed but banks remained rigid, restricted by old systems and old mindsets. I felt that changing an existing high street bank would not be enough; I had to start my own. “In 2014, I founded Starling Bank to help customers manage their money through technology. “Our current accounts can be set up in minutes, not weeks, without any paperwork or fees. “The features included in our banking app are designed to take some of the stress out of banking so that customers can save for what matters, see exactly where their money is going and pay friends and family quickly and easily, all from the Starling app. “Ultimately, we hope to use artificial intelligence to help customers see if they have sufficient money to last them to the end of the day, the week, the month, the year or their lives.” – Anne Boden will be speaking at TechCrunch Disrupt Berlin, the leading technology conference taking place on 29 and 30 November 2018. Keen to go along and introduce your start-up to investors, peers and press? Startups is offering our readers 15% off tickets to the event – simply go to this page and use the discount code STARTUPSUK. You can learn more about Boden on TechCrunch Disrupt Berlin’s speakers page. – The digital florist Lana Elie Lana Elie: Floom With top supermarkets and online behemoths like Interflora now mass-selling affordable bouquets, it’s fair to say that a lot of the high street’s independent florists have suffered. But by founding Floom, the online marketplace specifically for independent florists, entrepreneur Lana Elie has given these small businesses a digital platform where they can sell to today’s convenience-craving audience. The digitisation of independent floristry benefits customers too – as Floom says, the plants and bouquets available on the platform are high-quality, uniquely crafted pieces that look exactly like their photos on the site. Now available in London, LA and New York, Floom aims to replicate the immediacy of high street shopping by offering same-day delivery. Customers simply search florists in their postcode, choose their bouquet and go! On how Floom is providing an alternative to the high street, Elie says: “What we do at Floom is unique in a few ways. We champion independent florists on the high street, but at the same time we’re also a tech company. With high streets in decline, domestic growers and independent florists need to find new ways to reach customers, and the best way to do that is through tech. “We offer a simple and fun online experience, with bouquets from our favourite artisanal florists all in one place for you to buy from. “After you’ve placed your order, you’ll receive automated order and delivery updates via email, customer service support whenever you need it – and, of course, a very grateful text from your recipient when they receive the exact replica of the bouquet you selected online.” The digital charity shop Francesca Hodgson Francesca Hodgson: GoodBox Rather than taking a high street experience and giving it new life online – like many of the entries on this list – entrepreneur Francesca Hodgson is instead helping high street-based charities to adapt, move with the times themselves and flourish. How? Well, historically, charities have relied on taking donations in cash – meaning our increasingly cashless society has posed a threat to their success. However, Hodgson’s business GoodBox is helping charities meet this challenge by providing them with innovative hardware for accepting chip and pin and contactless payments. So, instead of throwing a couple of pennies into a box, visitors (whether they’re at a charity cafe, shop, attraction or on the street) can simply tap their card at a GoodBox donation point and give a set amount within seconds. On how GoodBox is digitising the high street, Hodgson says: “As Britons carry less and less cash, there is a huge risk to our vital charity sector, which is heavily reliant on cash donations – often collected on our high streets in charity shops and through street fundraising. “Since 2016, GoodBox has been dedicated to ensuring charities have best in class technology available to them which enables them to fundraise digitally. Through our contactless hardware, we’ve raised close to a million pounds for UK-based charities, and doubled some of our charities’ revenues. “The UK’s thriving charity sector is the lifeblood of our society. Through digital innovation, we aim to protect charities from the sharp decline in cash donations, enabling them to focus on supporting those who need it most.” The digital furniture shop Debbie Williamson Debbie Williamson: Swoon Editions With Swoon Editions, entrepreneur Debbie Williamson and co-founder Brian Harrison are streamlining the way we shop for furniture, while also infusing a much-needed degree of excitement into the process. E-commerce platform Swoon operates on a design-to-market business model, selling high-quality, stylish furniture crafted by hand-picked designers. There’s an undeniably appealing sense of exclusivity surrounding the platform. A handful of new designs is added each day, and the site’s followers – also known as ‘insiders’ – are the first to know. Plus, Swoon keeps its batch sizes small – meaning stock is rarely wasted – and only orders large quantities of what’s in high demand. Not to mention that, while the business is big on efficiency, it’s also a purveyor of affordability: the majority of items on the site cost under £500. The digital law firm Alexandra Isenegger Alexandra Isenegger: Linkilaw An industry that’s not traditionally known for efficiency and transparency, the legal sector is starting to see some much-needed technological shake-ups. At the forefront of this, Alexandra Isenegger’s business Linkilaw is revolutionising the way start-ups and small businesses get expert legal assistance to help them launch and grow. In a process enabled by Linkilaw’s tech; start-ups first book a free one-to-one strategy session with a Linkilaw lawyer. Following this, they receive a free report on the contracts and budgets they’ll need now and in the future. Users can then either continue with Linkilaw’s solutions – connecting with a lawyer and ordering bespoke contracts – or walk away, having gained free personalised advice. Providing expertise on issues from hiring to investment to intellectual property to GDPR, Linkilaw says it’s 80% more affordable than traditional law firms. On how Linkilaw is providing an alternative to the high street, Isenegger says: “Linkilaw is a tech-enabled legal consultancy. Our clients value the advantages of a long-term relationship with a legal advisor but equally appreciate the cost and time savings that our technology enables. “Through our automated information gathering, digitized drafting and remote access to legal advice, clients receive a better level of service than they would from a high street law firm, from anywhere in the world.” The digital bookshop Alice Revel Alice Revel: Reading In Heels Tired of spending hours reading book reviews, browsing high street bookshops and buying beautiful-looking novels that would turn out to be duds, Alice Revel decided that book shopping could be done differently. In fact, as a subscription service, her business Reading In Heels does away with the shopping aspect entirely. How? Well, Reading in Heels selects one top-rated contemporary novel per month, often female-authored (chick lit and tawdry crime thrillers are strictly forbidden), pairs it with premium beauty and lifestyle treats from independent businesses, and sends this box out to customers – all so they don’t have to search for their next quality read. As co-founder and editor-in-chief of online women’s magazine Running In Heels, Revel isn’t new to championing women’s voices. But she’s now looking to appeal to men too, with freshly launched sister service Books Plus Beer. On how Reading In Heels is providing an alternative to the high street, Revel says: “At Reading in Heels, we sell more than just books. In today’s swipe, scroll, like society, people find focusing on reading a challenge – we create the perfect curated context for them to connect with books. “It’s a far cry from Waterstones – packed with confusing displays and a multitude of books, curated to correspond to sales targets not current human desires. And even further removed from ethically-dubious Amazon, with products and prices skewed to connect with AI-generated algorithms. And one thing’s certain – they care about very little other than your cash. “Of course, independent book shops still have a crucial place on the high street. Curated, stocked and staffed by experts, they’re a place to ask questions – and browse, of course. “What Reading in Heels provides is a curated experience, trusted and loved by thousands of members every month. As a feminist company, we also stand for something – at least 50% of the brands featured in any box are female-founded. “We also support Dolly Parton’s Imagination Library, which boosts early literacy. People are very much part of our profits and will always be at the heart of what we do.” The digital estate agents Gemma Young Gemma Young: Settled Selling a home can be complicated and emotionally draining. And with high street estate agents charging thousands in fees, it can also be expensive. Fortunately, entrepreneur Gemma Young – along with with her brother Paul Young – has created Settled: a business that aims to streamline and reduce the cost of selling… by taking the entire process online. Firstly, Settled photographs and markets the property for the seller, posting it to hundreds of online property sites including Rightmove and Zoopla. The seller is then able to arrange viewings easily through Settled’s ‘Home Companion’ app. But sellers won’t miss out on the expertise of an estate agent, as Settled provides personal support managers who can guide and advise. For this entire process, the business asks for a one-time fee of £499. Alongside this, buyers can also browse for and buy properties through Settled’s online platform. On how Settled is providing an alternative to the high street, Young says: “Buying and selling homes has been a clumsy process for many years. We believe it’s time people got the chance to feel a lot more empowered. “Step by step, we’re making that possible by creating a digital experience which allows people to feel more settled.” The digital clothes shop Sophie Hill: Threads Styling Clothes shopping is many a high street’s bread and butter. But it’s not always a fun and rewarding experience, with customers often spending hours scouring the shelves yet finding nothing that’s right for them. But, with her business Threads Styling, entrepreneur Sophie Hill is pioneering a unique solution for millenials who are looking for luxury clothing that meets their exacting tastes. In a dazzlingly modern approach that operates solely through social media, Threads uses social channels to attract shoppers, encouraging them to message the team via WhatsApp. Customers are then connected with a personal shopper, who’ll find and recommend clothes to them through their own online chat. With a business model designed for young people and the capability to reach customers around the world, Threads says its process heralds “the future of shopping”. – Sophie Hill will be speaking at TechCrunch Disrupt Berlin, the leading technology conference taking place on 29 and 30 November 2018. Keen to go along and introduce your start-up to investors, peers and press? Startups is offering our readers 15% off tickets to the event – simply go to this page and use the discount code STARTUPSUK. You can learn more about Hill on TechCrunch Disrupt Berlin’s speakers page. – The digital beauty salon Emma Montague Emma Montague: Tipsity A high street is not complete without a nail salon – and our digital high street is no different! Of course, getting your nails done requires a face-to-face (read: non-digital) appointment. But it’s the arrangement and execution of this that Emma Montague, with her business Tipsity, is revolutionising. Serving companies including ITV, Facebook and Unilever, Tipsity visits workplaces and gives manicures to the company’s employees. For the employees, this makes getting manicures convenient – whether during a lunch break or a quiet 30 minutes. For the companies, this is a perk to offer staff that comes at no cost (companies can opt to pay for the manicures as an employee benefit, or let their employees pay themselves). Importantly, Tipsity hosts an intuitively easy online booking system, through which employees can quickly check available slots and reserve one that suits them. On how Tipsity is providing an alternative to the high street, Montague says: “Tipsity is the digital and mobile alternative for a busy employee looking to book a manicure while in the office – they no longer need to rush during a lunch break with huge queues, or squeeze it in after work at a high street salon in central London. “We are transforming the way busy employees have a manicure during the work week by providing in-office manicures. Employers are becoming increasingly aware of staff wellbeing and as the employees pay Tipsity directly for each treatment, there is no cost to the company. We visit the office either weekly, fortnightly or monthly on a fixed day, a meeting room gets booked and treatments are provided. “With lower overheads we are able to pass down good prices to clients and attract the best manicurists with working conditions favourable to working in a high street salon. “Providing over 1,200 treatments per month to busy employees in London, Tipsity currently services 120 corporates including Amazon, Facebook, Global Radio, Disney and Virgin.” Learn more about TechCrunch Disrupt Berlin and our 15% off discount here! 120profit.com - https://120profit.com/?p=1384&utm_source=SocialAutoPoster&utm_medium=Social&utm_campaign=Tumblr
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Exclusive Actual Property Photography Using Skilled Gear And Excessive Finish Retouch In Marbella.
Anybody looking for Web Design - Mobile Apps - logo design - Graphic Design real estate erp - amc and software development. contact [email protected]
— soumitra bhunia (@soumitra666) December 18, 2017
Experience: At least 5 years of progressively responsible experience in graphic design and the most recent business standard software program purposes. Decide what you want your graphic designer to realize earlier than researching candidates who focus on real estate graphic design. You possibly can choose between 2 totally different menu design styles, with brand alignment left, middle or proper. The fees can be decided by the size of properties or the skills of the photographer. The images on the left are taken by a point and shoot digital camera by an novice photographer. Put away toys, clothing towels, and so on. It’s usually cheaper and easier to solve the issues on the set than to deal with it in Photoshop after the shoot. I can also arrange automated MLS dwelling searches that E-mail links to new dwelling listings that match your search standards. A whole lot of Realtors don’t need to shell out the extra money to market their listings and really feel photographs aren’t that important to justify the fee. S-R: How much did it value to buy the gear? Take cleaning equipment and back-up batteries, as well as all the lenses you count on to make use of. Now thats a purpose to make sure your listings have a hyperlink to a beautiful SRQ360 virtual tour.
Earlier than buying a property, be sure to stroll by means of the house a few times. Possibly you want an over the Internet House Evaluation? The prices and the purchase of real estate can fluctuate over brief intervals. Be open to options and try to suppose exterior of that standard actual property box. The internet is world huge, open 24 hours a day 7 days a week! We do this so we can shoot mid day if needed and nonetheless present the blue sky as nicely as the darker shaded areas of the house without the drastic distinction regular digital pictures would show. The Bay Resort has commissioned us to shoot more Virtual Tours for Real Estate [https://www.academia.edu/] Tours for them. However then, there are many photographers in London who shoot industrial images and you want to choose somebody who can do the job properly for you. You can’t have somebody inform you what camera to buy - that’s a cop out!
Furthermore one should buy online bumper stickers at a bulk amount for certain. A virtual tour that one can be easily shared by way of electronic mail or social media is the proper software for this example. The VHT Studios workforce utterly takes care of Realtors’® most compelling promoting tool - high-high quality images - so they have more time to take care of their clients. A video that features aerial/interiors/life-style and sound observe makes a strong sales tool. All aerial photography and video is precisely stabilized, offering ultra clean picture and video imaging perfect for illustration on Extremely Excessive Definition Television sets or projection systems. Not only do top quality images generate more curiosity in a home but in addition they allow consumers to place in affords with confidence. Your Actual Property Photographer is commonly ready that will help you in different areas of selling, to get extra exposure for your itemizing. Get more views, extra contacts, extra saves and extra listings via Zillow. How precisely do you get extra eyes on Your business?
Let's get it bought! These are only a few tricks and tips of professional real estate photography in order to point out your house in the perfect gentle. Charlotte actual estate photos provides pictures services for luxurious residential agents, industrial actual estate, interior designers, and residence stagers. It was then that the term ‘curb appeal’ first appeared because the ‘drive-by’ was a buyer’s first, and in lots of cases, only impression of whether or not or not that dwelling made the checklist of these getting a re-evaluation. Our sellers have been extremely impressed with the doll-house view of the 3D Walkthrough Dwelling Tour and mentioned they had never seen something prefer it before. Oh, certain, there have been the compelling scripts, crammed with nonsense words like luxurious, spacious, charming. There are a wide range of issues chances are you'll do in order to attain such a objective. A number of angles of the same room or area may be thought of in the depend of completed photos.
Here is my expertise.
It might even be appropriate for showcasing your work or merchandise. Programs meet as soon as per week in the night to accommodate those who work common business hours. S-R: What’s the best business advice you’ve gotten? Today’s freebie is a hello-res real property business card template with absolutely editable PSD recordsdata. Actual estate brokers need the images shortly after a shoot, they usually typically cannot give the photographer much notice of when a listing is coming up. And, not surprisingly, listings that featured higher-photographed properties closed rather more quickly. A cluttered bathroom doesn’t photograph nicely and simply makes spaces appear a lot smaller. After years of expertise with immersive images we're proud to be related to the premier digital tour technology for residential and commercial actual estate as nicely trip and resort properties. Share your expertise with us in the feedback under! Here is my experience. This can be particularly difficult for homes on hillsides or steep grades. During a current interview, he discussed what homes and golf courses have in widespread, what he recommends homeowners not include of their virtual tours, and his favorite customer reaction.
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omcik-blog · 7 years
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New Post has been published on OmCik
New Post has been published on http://omcik.com/credit-suisse-under-fire-as-clients-hunted-for-tax-evasion-reuters/
Credit Suisse under fire as clients hunted for tax evasion | Reuters
By Toby Sterling and Joshua Franklin | AMSTERDAM/ZURICH
AMSTERDAM/ZURICH Swiss bank Credit Suisse (CSGN.S) has been dragged into yet more tax evasion and money laundering investigations, after a tip-off to Dutch prosecutors about tens of thousands of suspect accounts triggered raids in five countries.
Coordinated raids began on Thursday in the Netherlands, Britain, Germany, France and Australia, the Dutch office for financial crimes prosecution (FIOD) said on Friday, with two arrests confirmed so far.
The Dutch are “investigating dozens of people who are suspected of tax fraud and money laundering”, the prosecutors said, adding that suspects had deposited money in a Swiss bank without disclosing that to authorities.
British tax authorities said they had opened a criminal investigation into suspected tax evasion and money laundering by “a global financial institution” and would be focusing initially on “senior employees”, along with an unspecified number of customers.
Prosecutors in the German city of Cologne said they were also working with the Dutch. “We have launched an investigation against clients of a bank,” a spokesman said.
None of the authorities disclosed the name of the bank involved. However, Credit Suisse, Switzerland’s second-biggest bank, said local authorities had visited its offices in Amsterdam, London and Paris “concerning client tax matters” and it was cooperating.
It said later it had launched an internal probe. “The investigation will be executed by compliance, it will not be executed by the business,” Iqbal Khan, who is responsible for Credit Suisse’s private banking operations outside Switzerland and Asia Pacific, told Reuters.
“If any individuals are implicated or have violated against these processes or procedures or policies that are in place then we will identify that very quickly.”
The Dutch FIOD seized administrative records as well as the contents of bank accounts, real estate, jewelry, a luxury car, expensive paintings and a gold bar from houses in four Dutch towns and cities. The FIOD tweeted a photo of some of the seized assets. [tinyurl.com/llkjhrz]
The people arrested, one in The Hague and one in the town of Hoofddorp, were not identified.
The actions angered Switzerland’s Office of the Attorney General, which said it was “disconcerted” by the way Dutch authorities had handled the matter and would demand an explanation.
Dutch prosecutors responded that Swiss authorities had been left out of the investigation because none of the suspects were Swiss — they were just linked to secret Swiss bank accounts.
“If the Swiss authorities wish to receive information on the investigation, we, the other countries involved and Eurojust, are always willing to discuss (that) with them,” the FIOD said in a statement.
Eurojust, the European Union agency that coordinates cross-border prosecutions, said the investigation had begun in 2016, and representatives from the countries involved — Switzerland not among them — had held three preparatory meetings to share information before Thursday’s raids.
Prosecutors “analyzed a huge amount of data,” Eurojust said, looking for “individuals and groups suspected of tax fraud and money laundering.”
The investigation uncovered “undeclared assets hidden within offshore accounts and policies…(worth) millions of euros.”
Credit Suisse shares fell 1.2 percent, underperforming the wider European banking sector index .SX7P which rose 0.1 percent on Friday.
OLD WOUNDS
For Zurich-based Credit Suisse, the case reopens the thorny issue of tax evasion which has dogged Swiss banks for years as wealthy individuals around the world have used the country’s strict bank secrecy laws to hide cash from the taxman.
Credit Suisse has paid more than 2 billion Swiss francs ($2 billion) since 2011 in the United States, Germany and Italy to settle allegations it helped clients dodge taxes. It has pushed clients in Europe, Latin America and Asia to participate in government programs facilitating the declaration of untaxed assets.
The bank said in December this process had been completed for Europe.
Switzerland is also among the countries that have signed up to a global initiative led by the Organization for Economic Co-operation and Development. Under the OECD’s Automatic Exchange of Information, banks pass on information to local tax agencies, which then share it with foreign counterparts.
Switzerland began collecting data at the start of the year and will exchange information from 2018.
The Dutch FIOD said the coordinated raids were prompted by a tip-off about 55,000 suspect accounts, and it had passed information to the other countries about the accounts.
Spokeswoman Wietske Vissers said the investigation would “continue for days and weeks” across the various countries. The Netherlands is investing 3,800 Dutch leads. French authorities said they had 25 agents working on the case.
Credit Suisse’s Khan said the 55,000 was “not a number that I can reconcile because as of today, in International Wealth Management in Europe, the total number of accounts is lower than 55,000”.
Australia’s minister for revenue and financial services, Kelly O’Dwyer, said the country’s financial crime investigator was looking at 340 Australians linked to Swiss bank accounts, which she said were only identified by number.
“The fact that these accounts are unnamed,” O’Dwyer said, “means that by their very nature they are likely to have been established to hide the identity of the owner.”
(Additional reporting by Swati Pandey, Michael Holden and Oliver Hirt; Editing by Mark Trevelyan and Andrew Roche)
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touristguidebuzz · 8 years
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Singapore Hotels Seek Rebound by Moving Away From Luxury
Tourists take photos at the Merlion Park in Singapore January 11, 2017. Edgar Su / Reuters
Skift Take: Singapore overbuilt luxury hotel rooms. Changing business traveler tastes spelled trouble for the Southeast Asian country which is now witnessing a rising popularity in new mid-scale hotels.
— Sean O'Neill
Liesbeth Foesters travels for business around the world, but none of her hotel rooms was smaller than the one she got in Singapore. Her company has a tight budget.
“If you compare this with (the room I had in) China, it is nothing, but … we have to adapt to the budget,” the 30-year-old Belgian pharma professional said as she left Hotel Jen for a business meeting.
It is a compromise that works well both for travelers like Foesters and the hotel industry in Singapore, which for the past two years has been aggressively targeting middle-income guests.
Visitors from upwardly mobile China and India are providing much of the growth, flocking to Singapore to enjoy a city more modern and clean than anywhere back home.
“I have been to Gardens by the Bay and Skypark at Marina Bay. I came to see this place because it’s beautiful and modernized — a garden city,” said Chen Jianan, a Chinese tourist from Hainan.
Visitor arrivals are on track for their biggest rise since 2012, helped by the realignment in strategy, offering everything from smaller rooms and lower prices to new services such as unlimited laundry and age-based discounts. The data is due next week.
This is a new era for Singapore’s hotels, once known for their opulence.
Visiting a city that for the past three years the Economist Intelligence Unit has ranked the world’s most expensive to live in may have been alright when travel budgets were fatter but less so in these more thrifty times.
The banking industry has contracted globally, and fewer oil executives are coming to Singapore due to the crash in crude prices. Reflecting a structural shift in the tiny city-state’s economy, the more commonly sighted business visitors these days are pharma and tech professionals, according to industry executives and analysts.
Millennials flying in for business in Singapore’s growing Fintech space are more interested in good wifi and how much fun they can have in the hotel’s common areas than elegant furnishings.
“The technology industry in Singapore is far more supportive of mid-scale and upscale than luxury, which finance or oil and gas executives typically prefer,” said Frank Sorgiovanni, head of research, Asia Pacific, at JLL’s hotels and hospitality group.
According to real estate services firm CBRE, the number of mid-scale rooms — which government data show cost on average S$170 per night ($120) — increased 32 percent over the past two years.
That is a far bigger increase than seen at the top of the market. The number of upscale rooms – averaging S$260 a night rose 8.25 percent, while luxury rooms – averaging S$446 – increased 1.8 percent.
The trend continues. For 2017, mid-tier hotels are set to account for the highest proportion of new supply at 34 percent, research from brokerage DBS shows.
“It has to be about going for the middle class,” said Beh Swan Gin, chairman of the Economic Development Board, the lead government agency for economic strategies.
Park Hotel Group is among those moving down the value chain, with its mid-scale brand, Destination, debuting in Singapore in the second quarter. Marriott International Inc’s <MAR.O> mid-scale Four Points by Sheraton hotel opened last year. Yotel, a London-based operator specializing in small rooms, opens its first flagship Asian property in Singapore this year.
In far less well off parts of the region, hoteliers have been moving up the value chain, upgrading facilities to tap into the same burgeoning middle-class segment of the travel market.
ACCOMMODATING CHINA
Visitor arrivals rose 8 percent in the first 11 months of 2016 to roughly 15 million.
Spending by tourists was up 12 percent to reach S$12 billion until June-end even as room rates fell 3.2 percent on average.
Chinese visitors were up 36 percent in the first 11 months of the year, while arrivals from India rose 8.2 percent, trumping other source countries.
Many come from so-called second-tier cities such as Zhengzhou and Jinan in China and Jaipur in India.
Adapting to this, mid-scale Hotel Jen, launched by high-end focused Shangri-La group 2-1/2 years ago, now rents GoPro cameras to guests for free, offers a single price for unlimited items in the laundry bag and hands out age-based discounts — which works well with Chinese who travel in big groups.
Shangri-La finished renovating an older property for S$45 million last year to open a second Hotel Jen in Singapore.
Tan Shin Hui, executive director of Park Hotel Group, says she targeted the Chinese market by opening up sales offices there and partnering with local travel agents. Its offerings, from breakfast to communication materials, also aim to suit Chinese customers.
COST CONSCIOUS
Ascott Residence Trust says business travelers’ length of stay at its service apartments has virtually halved to one to three months.
Its CEO Ronald Tay says before reducing room sizes, which is a longer-term strategy, he will spruce up common areas with foosball tables and other facilities.
“A lot of business travelers are trending down, which is not surprising given that a lot of them are not even able to travel anymore, and when they travel they tend to cut back on expenses,” said Oliver Chong, an executive director at the Singapore Tourism Board.
“So from luxury, they are moving to mid-tier.”
($1 = 1.4155 Singapore dollars)
(Additional reporting by Edgar Su; Editing by Marius Zaharia and Simon Cameron-Moore)
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