tips: Where you are ignorant, you are volnerable.... - 10/12/08 04:39 PM
A while back, someone that I considered a friend came to me with a business proposition, it sounded like a great thing to do for supplemental income. A lot of people were getting into it at the time, and if you sell the products the potential was there to make some … (3 comments)
|
tips: When do you make your money, when you buy it? or when you sell it?...... - 10/06/08 12:42 PM
Many will probably say that a homeowner makes money when her or she sells their real property, but I think that a homeowner makes his/her money when he/she bought the property. Although you receive your sales proceeds when you sell and close on the property, however, it is the choices that you make during the process of purchasing the … (0 comments)
|
tips: The value of client follow-up system..... - 10/04/08 06:01 PM
I can't imagine why some real estate agents, or other real estate professionals fail to keep in contact with their clients after the deal is done. Is it because these people don't understand the value of follow up?, or is it all about the money for these guys?.
One of the … (9 comments)
|
tips: Are you focused on your destination? - 09/30/08 09:16 AM
Those of us that use a GPS navigation system know that, you put in the address of where you want to go, and then the system maps out a turn by turn route that will take you to your destination. If you miss a turn, it will recalculate and find an … (6 comments)
|
tips: What is the right way to work short sales? - 09/24/08 01:37 PM
Many realtors and investors out there know that working short sales can be very challenging and frustrating. When it comes to dealing with a bank, and trying to get them to accept less than what a seller owes them on a property, they can sometimes make it very difficult. It is like … (82 comments)
|
tips: What are the pros and cons of a land contract? - 09/23/08 12:00 AM
A land contract is a type of contract that may allow a purchaser to obtain a property even if he/she does not have good credit, and is not able to obtain financing through a regular lender. Most sellers prefer not to go this route, but this form of contract can work to a seller's … (0 comments)
|
tips: Be ready when the market turns around..... - 09/21/08 05:12 PM
I recently posted a blog Why are we quick to blame when things go wrong?, where I shared some thoughts on how to overcome some of the challenges that we face in today's housing market. That blog received several good contributions from other members here on AR, and it also ended … (7 comments)
|
tips: Why are we quick to blame when things go wrong? - 09/20/08 03:47 AM
When things go wrong, or when things don't go the way you wanted them to go, what is your attitude towards the situation or the people involved?. With the way the housing market is right now, it is easy for one to blame the market for the dip in their business, … (41 comments)
|
tips: What is an Agent's responsibility to a Client? - 09/19/08 11:14 PM
This is for the consumers out there who does not know this.
The Agent owes the Client specific fiduciary duties of trust and confidence. They are not simply moral or ethical. The South Carolina law of agency requires them. These duties include: 1. Care: The agent must exercise a reasonable degree … (0 comments)
|
tips: Why you should be careful about the contractors you recommend to your clients.... - 09/19/08 08:30 PM
As I did a walk through on a house before listing it, there were a few obvious items that needed to be repaired, the seller asked if I knew a general contractor that would be able to make the repairs. I recommended one who had done some work for another client … (8 comments)
|
tips: Start with a strong foundation in your business - 09/17/08 01:19 PM
When most people finish school to become real estate agents, they take the test, hook up with a broker and get their license. Depending on the company you signed up with, you may get little or no initial training before going out to work with clients. The mentality is, we will … (6 comments)
|
tips: Real estate contracts....What is an Option contract? - 09/16/08 09:26 PM
An option contract is a contract where the seller(also known as the optionor) gives the buyer(aslo known as the optionee) the right to right to purchase the property within a given period of time. The buyer pays an agreed upon sum of money as consideration or deposit, and if the buyer chooses … (5 comments)
|
tips: What does one do when he/she is a victim of predatory lending? - 09/15/08 11:12 PM
They say, where one is ignorant, there they are most vulnerable. I have heard of borrowers that were taking advantage of by predatory lenders, but today was my first day meeting one of the victims. These folks bought a home two years ago that is now about to be foreclosed on unless … (3 comments)
|
tips: Real estate finacing......What is Assumable mortgage & Alienation clause? - 09/11/08 11:32 AM
ALIENATION: This is also known as Due on Sale clause. Many conventional mortgages have this clause, and it keeps the mortgage from being assumed. This means that, if you have this clause on your mortgage and you get rid of your home, the entire balance of your mortgage will be due … (2 comments)
|
tips: What are you thankful for? - 09/11/08 09:05 AM
With every experience, we have a choice as to how we respond to it. For example, if I went on a listing appointment and say I don't get the listing, on the drive back to the office, I can choose to beat my self up mentally about the things that … (7 comments)
|
tips: Real estate financing....What is Acceleration clause? - 09/05/08 09:44 PM
Most mortgages carry what is called an Acceleration clause, which is a section of the mortgage contract that may specify the due date of the payments, and also include the steps the lender will take in order to penalize the borrower for late payments, or if the borrower fails to pay at all. The Lender may … (0 comments)
|
tips: Important information about Radon.... - 08/23/08 06:51 PM
Many home buyers opt not to have a radon test done before they move into their home, but after working with a client with lung cancer who was very particular about his need to have the radon levels lowered to safer levels, I wondered who else would want to know these … (0 comments)
|
;)
;)
;)
