Homes

How You Can Drive More Business In These Tough Times! Part 2

Sunday, July 12th, 2009

How You Can Drive More Business In These Tough Times!Now that we have talked about networking events, there are a few more things that you should be doing when it comes to driving more business in the real estate game.  One of the first things is going to be sending out a electronic newsletter.  If you have used the excuse ‘it takes up too much time’ in the past, that is no longer an excuse that you should be using.  Electronic newsletters do work and they definitely do get your name out there and that is the entire point after all.

Another thing that you want to do is ask for referrals.  While the market might not be there just yet, it never, ever hurts to ask someone for a referral, after all – if your clients liked your business, their friends and family would like your business as well.  You always need to be thinking about the future whenever you are in the real estate business and a lot of agents have lost sight of that.

Finally, you need to make sure that you are still working all of those hours you were before and you are getting to the office early enough – the business is not there if you do not promote and drive it to be there.  Remember that!

How You Can Drive More Business In These Tough Times!

Saturday, July 11th, 2009

msIf you are in the realtor business, you know that business is bad right now.  Heck, many people think there is really no way to drive business in these tough times.  While there are only so many times that you can market yourself, there are many different things that I bet you have no tried due to past failure.  For example, if you have tried going out to networking events in the past but they have not ever worked – why not try it again and see if it works this time?

Networking yourself is a fantastic way to make all sorts of connections all over the world, not just in your own backyard.  The realtor business is all about appearance and how you present yourself and if you are constantly not showing up to events that you, specifically are invited to, you are not going to be invited any longer.

Think about that when you are trying to drive business – more ways that you can capture some business in the next blog!

What Are Real Estate Commissions?

Tuesday, June 9th, 2009

38023Real estate agent commissions are things that are extremely difficult to understand, especially if you are not exactly in the business.  In this blog we are going to explore real estate agent commissions and figure out exactly what you may own to a real estate agent if you do decide to get one to represent your home.  One of the first things that you need to understand is that all real estate agents work for a real estate broker; companies such as Century 21 are the brokers.

All of the fees that are paid to the real estate agent have to go through the broker, so there really is no money that is passing the hands of the real estate agent themselves, keep that in mind.  Only the real estate broker can pay the real estate agent their commissions and they sign a listing agreement with you, the seller.

Real estate fees and commissions honestly vary throughout the world, so it really depends and you definitely have to do your research on that one

Should You Become a Real Estate Agent?

Monday, June 8th, 2009

real-estate-agentBecoming a real estate agent in this day and age is something that a lot of people are doing to make a quick buck.  However, that is not always going to be the case, while real estate selling can be extremely rewarding as you can help many different people find their dream home, it can also be quite difficult to break into.  One great thing about the real estate market is the fact that you can honestly come from really any background in the world and honestly, you can make it in the real estate field.

When you get into the field, you will see all sorts of different people there, everyone from high school graduates all the way to semi-retired business men who are in their second career now.  While becoming a real estate agent can be extremely fun, you do need to make sure that you find your niche in real estate and that you can do it.

Becoming a real estate agent is not all that difficult, however you do have to make sure that you take the real estate test – once you pass you will be certified and you will be able to sell any house that you want!

Increasing the Value of Your Home: 2

Sunday, June 7th, 2009

improve-2Taking care of the inside of your home is the next step. Inside, there are lots of things you can do to make your home look more inviting, more tempting, to prospective buyers. Begin by getting rid of all the clutter in your home. Organization is key. Buyers may have a hard time imagining themselves in a disorganized, messy house.

Feel free to do some painting as well. A fresh coat of paint can do a lot to improve both the look and the feel of your home — plus it’s a very cost effective way to improve your house.

Cleaning can do a lot as well. Remember, it does not cost anything to wash all the windows and make them shine. Wash the walls as well, and the floor. Replacing your flooring is considerably more expensive, so if your carpet is threadbare, just buy a few rugs and place them strategically. Mop up any linoleum and make your wood floors shine.

Tips and Tricks For Buying a Vacation Home! Part 2

Sunday, May 31st, 2009

10142859-vacation-rental-by-owner-home-in-florida

Now that we have talked about how you should locate your vacation property, the next step is going to be actually looking for one.  The destination is obviously going to be the most important thing; after all, you are probably going to be spending a lot of time there.

Costa Rica is definitely one of the top vacation investment property places however, you do not have to go there – you can find your dream vacation home really anywhere!

After you have picked the destination, you next want to find yourself a mortgage broker as well as a real estate agent.  Agent first then mortgage broker.  The real estate agent will actually take you around to all sorts of different properties and help you pick out a home that matches all of your specifications, so you will not have to worry about hunting down a property that fits everything that you are looking for!

Tips and Tricks For Buying a Vacation Home!

Saturday, May 30th, 2009

homes-mexico

Investing in a vacation home is something that is very, very scary in the beginning, however, if you are the type of person that goes on vacation a lot, getting a vacation home is going to save you time and money in the long run!  That is exactly what we are going to explore in this article, just how you should go about getting your own vacation home and what you should look for!

First and foremost, you need to make sure that you figure out exactly what you want out of a vacation home.  Making a list of all of your wants is something that you absolutely need to do, after all, this is going to be your second home and you should absolutely make sure that it meets all of your needs!

After your list is made, you now need to make sure that you decide on a location.  There are so many different locations available that it can be overwhelming but really think about where you would visit all of the time and research some of the airfares to these places … that way you can know just how much money you might be spending on traveling.  More in the next blog!

(more…)

Investing In Property: Tips and Tricks! Part 2

Friday, May 22nd, 2009

real-estate-investing-five-steps-to-figuring-out-what-its-worth

The next thing that we are going to explore is the buying option.  Honestly – everyone right now is trying to sell their properties and you can honestly get them dirt, dirt, dirt cheap.  So why not buy up as many properties as you think that you can afford?  Most of the time, people are following a leader and they are selling because everyone else is – you should become that leader and start buying!

Opportunities, as stated in the last blog, truly are everywhere and you really just have to look for them in order to find them.  After you have brought everything that you think that you are going to need, the next step is going to be fixing them up.  Turning a house around is hard work, but if you buy a house for dirt cheap, turn it around and sell it for quite a hefty profit, you will be making some really good cash!

Just keep these tips in mind whenever you are looking to purchase some investment properties!  I swear, the economy will straighten itself out and well, when it does, you are going to be in some mad cash!

Things You can Do to Feel at Home after Moving

Sunday, April 5th, 2009

Moving from one place to another can be a great experience or it can also be a stressful one. To make sure that yours fall under the first category you can do the following:

Before Moving

  • Inform people of your new home address. You might need to this for your bank or for some subscriptions that are being sent to your doorstep.
  • Pack a box of essentials for the first few nights. Make sure that you have a first aid kit, enough clothes, and toiletries.
  • Make sure that the electricity, water, internet and other utilities in the new place are properly installed and functional.
  • If you have children, enroll them to a new school.

New Sweet Home

  • If it will make you more comfortable to change all the locks or install extra security details then please do so.
  • Scan the community and be familiar with the emergency services like ambulance, police, or the fire department.
  • For the first few days, have a stock of quick to prepare foods so you can devote the bigger chunk of your time to fixing your new place.

(more…)

Keeping Home Appraisals at Bay

Monday, March 16th, 2009

Appraisals Real EstateAppraisers are, most often than not, pressured by loan and mortgage officers to hype up home values. High appraisals guarantee that the house is worth more than the loan, which directly decreases the risk the bank faces.

As a result, home buyers are forced to pay more while the mortgage products they turned in to finance their homes eventually explodes, causing more financial turmoil.

In order to reduce the pressure and influence those loan originators impose on appraisers to overestimate homes, the Federal Housing Finance Agency (FHFA) created the Home Valuation Code of Conduct that will be implemented in May. These set of guidelines forbid any form of coercion, extortion, intimidation, bribery and collusion with appraisers into producing an overestimated and inaccurate appraisal of houses.

The new rules imposes that the complaints from consumers, appraisers, and the people involved will be looked over by the Independent Valuation Protection Institute set up by the FHFA. If a loan originator gets way too many complaints, he or she will be banned from selling the loans.

(more…)