Archive for the ‘Business’ Category
FSBO/Real Estate negotiation tips, techniques,formulas, advice, know how, find & use through this…
Author: Anonymous
Source: free-articles
New York, NY January 7 2004–RealEstateNegotiator.us announces release of web based real estate negotiation platform which will work as an independent website as well as a hosted solution to be integrated into partner real estate websites (FSBO & Brokerage). The negotiation-software is going to change E-Real Estate Industry for ever. It allows secure, confidential and easy Online, Real-time price negotiation and benefits sellers, buyers and real estate professionals alike.
The successful completion of any real estate transaction depends upon price negotiation. Communication difficulties, personality conflicts, cultural barriers, and raw emotions further complicate an already complex procedure. In the traditional real estate price negotiation process, the seller may scare prospective buyers by asking ???too high’ or lose them by asking ???too low.’ The buyers’ chances are often diminished if he quotes a very low offer and is rejected by the seller out right, hence ending the negotiation process.
There was a vacuum in the technology-focused real estate market place for ???Real Time’ Price Negotiation. REpriceNegotiate.com have converted the traditional and outdated ???To & Fro??
ASSOCIATE, TIM MCCANN JOINS Real Estate USA UNIVERSITY PLACE, WA OFFICE
Author: Anonymous
Source: free-articles
ASSOCIATE, TIM MCCANN JOINS Real Estate USA UNIVERSITY PLACE, WA OFFICE
University Place, Washington ??” September 22, 2003 ??” Tim McCann has joined Real Estate USA as a Sales Associate in their University Place office located at 4009 Bridgeport Way West, Suite A. According to Bob Sturgill, the President of Real Estate USA McCann will be specializing in residential real estate sales in the greater Pierce County area.
McCann holds a BS degree in Marketing, is a long time resident of Lakewood, Washington and joins Real Estate USA with an extensive background in advertising sales, marketing and operations gained through several organizations that include Windermere Realty.
“We’re happy to have Tim on our team,” says Bob Sturgill. “He has an excellent blend of experience, reputation and skill that he brings to Real Estate USA. Real Estate USA is a non-traditional real estate company and is the fastest growing brokerage in Washington State. The company currently has offices in Tacoma, Puyallup, Olympia, Shelton, University Place and San Diego. New offices scheduled to open in the 4th quarter of the year include North Tacoma, Spanaway and Kent. The company’s expansion plans call for several new offices in Northern California shortly after the first of the year.”
???I’m very excited about joining the Real Estate USA team,??
3 Top Real Estate Investing Methods for Maximum Wealth
Author: Steve Majors
Source: articleage.com
3 Top Real Estate Investing Methods for Maximum Wealth (by Steve
Majors – The Lazy Investor)
————————————————————-
Real Estate investing can be used to gain wealth in three major
ways -
1. Long-term Real Estate investing is most often utilized using
appreciation as a planning tool.
Historically, Real Estate has doubled in value every 11 years
(6% per year on average over the period).
Of course, not all areas have seen that much appreciation, while
others (like sections of California and Nevada) have seen double
or triple that rate, but overall, a 7-11 year cycle of doubling
value has been the ‘rule’.
So, a house worth $100,000 today will be worth $200,000 after 11
years (on average).
The best part about this plan (when it comes true) is that the
debt on the house after 11 years will be less than the original
$100,000 (because payments were made for all that time), while
the property is worth $200,000.
The difference makes a great retirement ‘nest egg’.
2. Instant cash is available in many types of Real Estate
investing transactions where money is made within days or weeks
(sometimes hours, and even minutes!) of the purchase.
These transactions are often referred to generically as ‘flips’
(a more detailed description of these transactions is given
below).
When the money made from these transactions is used to reinvest
in other ventures, the return rate highly exceeds any other
method of Real Estate investing. The reason for this is that, on
a property valued at $100,000, the purchase price is often
10-50% less.
With an example of 15%, the purchase price will be $85,000.
Selling the property at a discount to another buyer for $95,000
will net well over $5,000 (after closing costs and all
expenses).
The $5,000 used as investment money for another transaction will
yield an additional discount on that property, and when you
continue to ‘roll’ the money made from such real estate
investing activities, you eventually lead to ‘full cash’
purchases, which is usually what is needed to acquire most 30%
or more discounts from sellers.
This method of Real Estate investing (buying low, selling high
and re-investing) yields extreme wealth – plus, the first
property could have been done as a ‘no money down’ transaction!
Extreme wealth from nothing – where else can you find this
except in Real Estate investing?
3. Cash flow properties are often used in cooperation with
appreciation (one of the biggest benefits of Real Estate
investing), however, is listed here as a separate system because
many investors do not count appreciation into their calculations
when purchasing a property.
Cash flow properties are those with some monthly income – that
is, the difference between what is paid in and what is paid out.
Traditionally, these are ‘rental’ properties, and bring in a
constant flow of cash for the investor.
Sadly, many investors use this cash for their living expenses
and never grow the wealth they could by simply reinvesting this
money into another property.
Although slower than other techniques, this method of Real
Estate investing can yield a very high rate of return for the
careful investor.
Florida Real Estate Courses Now Offered Online For The First Time in State's History; Florida Real Estate School is to be first to offer them.
Author: Anonymous
Source: free-articles
Miami, Florida April 5, 2004 ??” Florida’s Online Real Estate Licensing Law has officially gone into effect. For the first time in history you can now obtain your Florida Real Estate License by completing your pre-license course online. Since the licensing law (chapter 475) went into effect in 1923, applicants were required to complete their pre-license course in person at an approved Florida Real Estate school in order to get a Florida Real Estate Sales Associate license.
After the new law was passed on July 1, 2002 the Florida Real Estate Commission became responsible for making the rules and setting policy to regulate this new way of learning and license qualification. The Florida Real Estate Commission has now given final approval in February 2004 so that students can now take their pre-license courses online and satisfy the educational prerequisite before applying to sit for the state of Florida Sales Associate Exams. (Post License and Broker courses will follow later this year)
In 2003 there were 55,191 applicants that applied to get their Real Estate Sales Associate License. According to Meg Shannon, Communications Director with the DBPR, ??????as the process becomes easier for the applicants, there is the possibility that there will be an increase in applications.??
Real Estate Leads 101: It Takes Time
Author: Ashley Lichty
Source: articlesfactory.com
Online lead generation companies are a huge source of real estate leads for Realtors and a great resource to help grow an agent’s business. However, many lead generation companies are constantly slammed by agents who have used the service and had little, if any success with the real estate leads provided. In my experience, this dissatisfaction often comes because the agent has unrealistic expectations of the service and little to no knowledge on how to develop a good follow up campaign with their real estate leads.
The first thing you need to realize as an agent is that lead generation services aren’t magic listing trees. Typically you shouldn’t expect to get listing after listing from a service. Most services work on the following basis: they provide online marketing in the agent’s specific area, the natural result of which is homeowners in need of information filling out lead contact forms. This contact form is sent to the agent in the area, and that is their “lead.”
So what does this mean exactly? Well, it means the real estate leads provided will be people with different types of real estate needs and in different stages of the process. If an agent signs up for a service for a 3 month contract and expect a listing within the first month, they are likely to be disappointed. Immediate listings with real estate leads DO happen, but they aren’t the norm.
Realty Times analyzed more than one million real estate leads captured and cultivated online and then compared them to public records of home sales from across the country. They found that only about 7.3% of consumers sold their home within 3 months of filling out a lead form, but the percentage grew to 22% after 12 months and to over 40% after 28 months. This means that purchasing real estate leads online is a LONG TERM investment, not an immediate source of money. Real estate leads generated online MUST be aggressively followed up with to convert them to clients!
Therefore, as a real estate agent, you must look at lead generation services in the same light as other marketing endeavors. When you implement direct mailing campaigns and send out information several times a year to 5,000 homes, do you expect to get 5,000 listings within the year? No. Direct mailings are more likely to result in accumulation of real estate leads over the next year or two which you then must nurture into clients looking to buy or sell.
There are typically four types of real estate leads received by online lead generation companies: buyers, sellers, refinancers and fakers. Buyers may be in different stages of the process, as may sellers, so you may have to follow up for 2 years before actually getting their business, or you may have a listing within 3 months. It depends on where the consumer themselves are at in the process. Obviously buyers have a great potential – you may be able to sell one of your listings to them and if they need someone to list their current home, you’ve got a double whammy of a lead. Same goes with a seller looking to list – maybe they’ll be interested in purchasing one of the homes you already have listed, and if not, perhaps they’ll still consider you for a buyer’s agent to represent them when they purchase a new home. Again, a double whammy of a lead.
Just because the seller isn’t going to sell for 2.5 years doesn’t mean you should drop them – on the contrary, you now have 2.5 years to get a leg up on the competition by working closely and sending the lead any information to make their real estate process easier. It all comes down to an agent’s sales ability – lead generation services can get your foot in the door, but it’s up to you to sell yourself to your real estate leads.
Often real estate agents complain the loudest about getting real estate leads of people looking to refinance or get a home equity loan. “These aren’t real estate leads, I’m not a broker, what am I supposed to do with this lead, it’s worthless,” they say. That is absolutely FALSE and the wrong way to look at these leads. First off, any real estate agent worth their salt should have a close working relationship with one or more mortgage brokers to refer these type of leads on to. In the spirit of reciprocation, the mortgage broker should be referring buyers and sellers back to you!
Even before you refer the refi lead to a broker, you need to do some work on your own. Talk to the lead, get to know them and their situation, educate them in anyway possible on refinancing as opposed to buying or selling. Sometimes these leads can be converted to listings, depending on what their situation is and what path makes more sense for them. Even if they do wind up going to your mortgage broker, that’s still one more homeowner out there that knows your name and how willing to help you were – they may wind up needing you a few years from now or referring their family and friends to you. You never really know what could come of your real estate leads unless you try.
Last but not least, we have the fake real estate leads – people who fill out information forms but give not ONE good piece of contact info. A lead that has a fake name, number, email and property address is admittedly, a bad lead. There’s no way to contact the person and find out who they are. However as long as even ONE piece of information is correct (name, phone number, property address) then a little detective work with public records can help you get to the bottom of the lead. Agents who consider a lead bad just because it has a fake name will wind up missing out on MANY commission checks.
The best way to have success with real estate leads generated online is to have a strong follow up campaign. Give the lead service a chance to work for you, but be realistic – not all leads turn to listings and not all listings happen overnight. Patience and persistent and consistent follow up is the true path to success with real estate leads and online generation companies. It just takes time.
Free Handbook on 1031 Real Estate Exchanges
Author: Anonymous
Source: free-articles
For Further Information Contact:
Owner: Alfred Holman
E-Mail: holman@infowest.com
Phone: (435)673-1595
Fax:
775-213-2305
Url:
http://www.freeyellow.com/members/oldtrader
Subject: Free–1031 Real Estate Exchange Handbook
This web site is a 40+ page printed page Handbook in a report form on Real Estate Exchanging. It can be read or printed out Free, directly from the web page. This hand book gives a broad look at real exchanging, covering both 1031 tax deferred exchanges, and property for property exchanges. It also covers the multiple property exchange, and building a real estate exchange daisy chain.
Not only does this handbook cover the techniques for real estate exchanging, but also shows you how to understand the motivation behind real estate exchanging. Another important factor it covers, is how and when an exchange may be a superior path to follow instead of trying to sell a property. There are always many times more people that would be willing to accept your property in an exchange, than there are buyers willing to buy your property. When you have a property that has been for sale for one and often more years, you may want to consider exchanging your property which could be usually done in 30 days or less. It teaches numerous professional exchange techniques, such as exchanging a nearly impossible to sell property for an easy to sell property, so that you can sell the new property and go to a cash position. By learning the techniques in this handbook, real estate agents can often greatly increase their incomes, and owners can move their property in a very short time, at a maximum value for the property.
Real estate exchanging, is a specialty inside the real estate industry that requires a lot more knowledge than it takes to sell a home or a commercial property. This handbook is useful to both the individual owner wanting to exchange their own property, and for the licensed real estate agents or broker that would like to become more familiar with real estate exchanging. It gives them the basic knowledge, that is required to be able to go out and exchange real estate.
The information that is covered in this book, is normally only known to a very small portion of the real estate industry, that specialize in real estate exchanging, often exclusively.
This handbook was written by a retired real estate broker that specialized in real estate exchanging for many years. He exchanged real estate all over the nation, and even between countries. He has written this handbook, as his way of passing on the information he gained from many years of experience, and from what many other experts have taught him on to the next generation. He was a regular contributor for many magazine articles on real estate and exchanging, writing for Real Estate Today?? (the Realtors?? Magazine) Real Estate News and Observer??, and Creative Real Estate Magazine?? where he often wrote the Exchangors Corner article for the magazine for several years. He taught a 6 week real estate exchanging course, for boards of Realtors??. A number of real estate brokers specializing in real estate exchanging, have told the author that this is the best and most concise handbook on exchanging that they have ever seen.
There is nothing for sale at this web site, and has been put on the Internet as a public service for those that have an interest in learning more about real estate exchanging.
Real Estate Marketing Technique: Dominance or Warfare
Author: Lanard Perry
Source: articleage.com
Effective real estate marketing technique is the foundation of a good real estate marketing system. And the real estate marketing system contains a list of specific actions required to successfully implement a specific real estate marketing technique.
Here’s an example of a real estate marketing technique that every agent and his and her uncle uses: “Offer a No Cost Obligation Competitive Marketing Analysis (CMA) to attract consumers.
Once you’ve established a relationship with the prospect you can then segue into your pitch to sell additional, higher-margin products and services that enhance the consumer’s interaction with the low-cost product or service.”
Specifically, you are angling for a “listing agreement”, and if you get it you can then add on “seller” giveaways to make the listing more appealing to buyers and therefore easier to sell (seller agrees to pay discount points, offer home warranty plans, agree to sell-lease backs, etc.)
No, I’m not talking about under pricing it to sell it quickly, or anything else unethical. Instead, I am talking about having open and honest dialogue with your seller to determine what kinds of concessions he or she is willing to make to get their properties sold. It could be a new paint job, a new roof, the installation of new carpet and anything else imaginable.
It’s important to realize that a real estate marketing technique is different than a tactic. While it is possible to have a tactical real estate marketing system without a sound, well-considered real estate marketing technique, it is rare to be able to develop one that withstands the test of time.
Some real estate marketing techniques are based on market dominance. In this scheme, agents are ranked based on their market share or dominance within their communities.
Still, other real estate marketing techniques are outright aggressive. They beg the questions whether you should grow your business or not, and if so, how fast.
Finally, other real estate marketing techniques are warfare based strategies. Ever hear of Guerilla Marketing? Well, that’s where the term comes from.
Using technique that you are comfortable with, that is more in keeping with your personality is recommended, because when the going gets tough you are so likely to abandon it. I’m starting to use the term more frequently these days, but only because it’s true; slow and steady wins a lot of races, and when you implement your real estate marketing techniques and strategies know that although the going may be slow initially, while you’ll eventually reap the benefits of your efforts.
Summarily, effective real estate marketing technique is the foundation of a good real estate marketing system, which is key to your short, intermediate and long term success.
May your real estate career be long and rewarding.
Lanard Perry is the author of “Farming Expired Listings” – a Real Estate Listing System Ebook that shows Realtors how to average 1 or more listings a week. Visit http://www.farmingexpiredlistings.com and http://www.real-estate-marketing-talk.com to learn and earn more.
Real estate listings in Bundaberg dominated online by North Bundaberg Real Estate.
Author: Anonymous
Source: free-articles
April 5, 2004 – North Bundaberg Real Estate (www.nbre.com.au) list and successfully selling properties online, while industry was still in its infancy. They sold dozens of properties outside its Web site while the real estate agents in the same market were scratching their heads and wondering ?
How to Become a Real Estate Agent
Author: Andre McFayden, Ph.D.
Source: articleage.com
The process of becoming a real estate agent is fairly simple, although it varies greatly from state to state. These are the basics of becoming a real estate agent. A) Licensing requirements for each state has different licensing laws, so you'll have to look to your local needs. However, in general, will:-Understand the requirements of age, pass a complete background check, real estate courses approved a state-approved school-Pass a State-Complete an application form fees present different agents only get their license work for a realtor. If you decide at some point in working for yourself, you must earn a license broker. Most new agents sign with a major brokerage houses now. Most successful agents, but not self-treatment of real estate profession as their own business, rather than just a job. This attitude goes a long way to ensuring its success. B) What is a REALTOR ?? Many people are confused about the difference between a real estate agent and a realtor ?. A real estate agent becomes a REALTOR ? when he or she pays an annual fee for the National Association of REALTORS ? and adheres to its Code of Ethics. The agent joins the city through local () on board or association. Membership in the REALTORS ? is optional, but helps to improve your career. C) How can a real estate agent earn? Real estate agents more often than not paid on commission. This fee is a percentage of the selling price of the property. The seller will generally pay 4-6% of the purchase price and the fees of an agent to handle the complex job of selling your property. The funds are often divided equally between seller's agent and broker found a buyer. For example, if the rate of a $ 300,000 property is 6% buyer's agent is paid 3% or $ 9000 and runner seller is also paid 3% or $ 9000. The agent is paid by his agent, using their agreed to split the commission. This is often 50-50 new players, so in that case, the agent in our example would pay $ 4500. So to answer the question and the amount that a real estate agent can earn is only limited by the number of transactions he or be closed. Visit Real-Estate-Career-Info.com of requirements for obtaining a real estate license in your state. This article may be reprinted if proper credit is given and all links intact. ? Copyright 2005 Real-Estate-Career-Info.com
ERA Boston Real Estate Group Adds New Sales Associate to Team
Author: Anonymous
Source: free-articles
Boston, MA August 18, 2004 – ERA Boston Real Estate Group recently announced the addition of Frank Martin to its team of professional real estate sales serving customers in Boston and the Greater Boston area. ERA Boston Real Estate Group is in the midst of the current expansion. Recently added a new office at 316 Newbury Street and has been recruiting aggressively. Frank has recently joined ERA Boston Real Estate Group, after spending the previous 2 years working in residential sales and investment analysis in Andover, MA. Frank has completed his Accredited Buyer Representative (ABR) designation and is currently a candidate for Certified Commercial Investment Member (CCIM). Before joining the real estate profession, Frank worked in Food and Beverage, and is well acquainted with Five Star Service. Frank attended the University of New Hampshire and graduated with a BA in Business and Hotel Management. "We are delighted to have Frank join our team," said Michael Carucci, president. ?