Name

Frank Moham, ABR®, ePRO®, TRC®, SFR®, REALTOR®

E-mail

Contact Frank Moham, ABR®, ePRO®, TRC®, SFR®, REALTOR®

Google Profile

Find me on Google+

Website

http://www.FrankMoham.com

Office Phone

(949) 667-2131

Cell Phone

(949) 295-7122

Alt. Phone

(760) 559-4661

Address

PO Box 8978, Newport Beach, CA, 92658

Description

* DRE#01353757 *Sell Tax Free *Take advantage of marketing techniques that works especially for unique and luxury homes. ** Use an Accredited Buyer’s Rep (ABR®) buy with CONFIDENCE & KNOWLEDGE **

Frank Moham, ABR®,  ePRO®,  TRC®,  SFR®,  REALTOR®

                           - ABR^® Accredited Buyer Representative: an ABR® designated buyer’s rep can help you   

                                       make informed decisions throughout the entire home buying process.

                                       Reasons  Why Buying a New Home Might Work Better for you                                               Use this FREE resource when buying a new home from a builder

                               Specialized in Selling Luxury and Unique homes

                          - ePRO® Certified to effectively communicate with the online consumer: Choose an        

                                        e-PRO® because today, the keystrokes may be as important as the handshakes.

                                        Check  My Blog! 

                          - TRC^® Transnational Referral Certified: Cross-border transactions can be complex, so it

                                        is important to involve a professional who understands local market business practices  

                                        and market conditions.

                          - SFR^® Short Sales and Foreclosure Resource: Helping you to prevent Foreclosure and

                                        Short Sale if possible or facilitate it if necessary. 

                                        Check  My FREE Short Sale Services! 

                          - REALTOR® member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to  

 

    IDX Property Search:

 

 

 

   Search Listings:   (in English ,     Español ,     or Français )

 

 

Click on the Links or the Icons to see the details:

 

South Orange County Cities,  Market Reports:

       Aliso Viejo Real Estate.                                  Laguna Niguel Real Estate.      

       Corona Del Mar Real Estate.                         Lake Forest Real Estate.

       Coto De Caza Real Estate.                            Mission Viejo Real Estate.

       Dana Point Real Estate.                                 Newport Beach Real Estate.

       Irvine Real Estate.                                          Newport Coast Real Estate.

       Ladera Ranch Real Estate.                            Rancho Santa Margarita Real Estate.

       Laguna Beach Real Estate.                            San Clemente Real Estate.

       Laguna Hills Real Estate.                                San Juan Capistrano Real Estate.

 

 

SoCal Counties,  Market Charts & Reports:

       Orange County Monthly,  Quarterly.               Los Angeles  Monthly,  Quarterly.

       San Diego  Monthly,  Quarterly.                       Riverside  Monthly,  Quarterly.

 

 

 

 

 

  Sell your Home at Highest Possible Price.

 

 

  Check Detailed Profile of any U.S. city, county, or zip code.

 

       Compare:  Schools, Cities, Climates, Crime Rates, Cost of Livings.

 

 

     See what is nearby and explore the Neighborhood.
    

   Buyer Pre-diligence about: Schools, Crimes, Air Quality, Weather, Fire Station, Police Station, Earthquake, Tornado, Radon, Airport, Library, Pollutants, Building Permits, ….

 

 

   REPORTS by County & CITY...

 

 

Useful Links for:  Propery Search by Map,  Rental trends,  Rent Vs. buy, School Rankings, School Performance Reports, Closing Cost Estimator,  Fair Lending prices, How safe are you in your home, California Foreclosures Reports by County or City ... 

                                                                          

 

 

 

 

To get regular blog postings Click Here    or    me on the facebook.

I appreciate your business,  your referrals 

are also very important to me.  Contact me if you know of anybody who is thinking about buying or selling a property.

 

 

Specialized in:                                                           

Residential, Commercial, Investment, Short Sales, Bank Owned Properties, Luxury Homes, New Homes, Marketing and selling your property to the INTERNATIONAL BUYERS ;

Buying (ABR®),Selling, and Leasing;                                                                      Foreclosure Avoidance, Short Sales, and REOs (SFR®);                    Assisting you Locally, Nationally, or Internationally (TRC®);          Providing Effective use of internet  for eMarketing (ePRO®);              Innovative marketing Strategy ,  Unique&Luxury Homes ;  Helping you with your 1031 Tax Deferred Exchange.

 

 

 

   Click here for more details and see how my powerful network of tough 

                                 short sale experts can help you for absolutely NO EXTRA charge!

 

 

 

 

Check my blog       to gain access to Website Links such as  Property Search, Propery Search by Map,  Rental trends,  Rent Vs. buy, Schools Ranking, Schools Performance Reports, Closing Cost Estimator,  Fair Lending prices,Get more educated about the local area around a property; as well as pages of Market Condition Charts, and many more Informative Articles.

 

 

                             

 

                                                            

 

 

 

 

 

 

 

 

 

 

●What's the Value of your Home? 

 

●TAX RELIEF: Take Advantage of California’s Propositions 60 and 90 on Transferring Property Tax Base. Counties which accept Prop 90. Click here to receive a prinrtable guide.  (contact your tax advisor and/or your local county’s Tax Assessor for your specific circumstance)             

 

●Get Your FREE Home Buyer's Toolkit    

●What Every Seller Must Know 

 

●Verify if a condominium project is FHA-approved    

●Find Available Rebates, Services, & Incentives in your area   

●Call Me For FREE From Anywhere whitin the U.S.A. Click on   icon of my blog page. Click on  to send me an mail.

 

●Listen to Real Estate Today Radio presented by the National Association of REALTORS®.

 

●Read my eNewsletter  ,  & Subscribe .

    

●All About Any Specific Address (Crimes, Schools, Enviro Hazards, Air Quality, Libraries,...). 

 

 

●Profile of any U.S. city or zip code (Rankings such as income, crime, most cars, shortest commute, biggest houses, best educated residents, and many more,...)  

 

●What is your Walk Score? (How close are you to: Schools, Public Transportation, Restaurants, Shops, Groceries, Outdoor Places,...)          

●California Market At A Glance.        

 

●California Foreclosures by Zip Code. 

●Premier Agent on Zillow.com®.

 

●Top Producer Agent (Aliso Viejo & Irvine).  

 

 

●Profiled on Yahoo!® Real Estate.

 

●Real Estate Market Cycles, OC record since 1990 

 

●California Current Market Data By Region & County.

 

●California Property Search (in English , Español , or Français )

●U.S.A. Property Search  

 

●World Property Search       &      

●Build a Green Home (with eco-friendly Materials, Ideas, and Products)   

 

 

 

Why working with me is more beneficial to you:

As an accomplished real estate professional, I am dedicated to the clients and the neighborhoods I represent. My inside knowledge of the market and commitment to success are unmatched. I bring the discipline, initiative and zeal of a consummate professional to the business of successfully managing your transaction. Clients count on my fresh and innovative approach to getting the job done. I Take the Stress out of Buying and Selling.

To excel in real estate requires enthusiasm, intelligence, and integrity. I deliver all that and more not only to your front door, but also well beyond it. I will address all your priorities with the utmost determination on the way to helping you realize the best value and guiding you through every aspect of the transaction.  An active member of the community by volunteering to help as an AYSO referee and a coach for several years.
A REALTOR with strong belief in the realtor code of ethics.  What the Code Of Ethics means for home buyers and sellers:             

                             

 

Superior Knowledge

- Real Estate Broker License, real estate courses in: Principles, Practice, Financing, Appraisal, Property Management, and California Real Estate Law.
- Real Estate Designations and Certificates in: Lawsuit Avoidance, Staying Out Of Courts, Disclosure Solutions, Natural Hazards, 1031 Exchange, Value Range Marketing,  Transnational Referral Certified (TRC^®), ePRO^®, ICREA, REBAC, Accredited Buyer Representative (ABR^®).

 

 

Real Estate Experience

2008  -  Present        REeBroker    (3129 Tiger Run Court Suite A213, Carlsbad, CA 92010)   

2006  -  2008             Premier Group Realty      

2002  -  2006             Prudential California Realty   

1998  -  2002             CB Richard Ellis (Commercial Real Estate)   

1986  -  1998             Coldwell Banker        

 

 

 

Professional Associations & Organizations

National Association of Realtors (NAR) REALTOR®

California Association of Realtors (CAR)  

Orange County Association of Realtors (OCAR)

The Real Estate Buyer's Agent Council (REBAC)

The International Consortium of Real Estate Associations (ICREA)

Asian Real Estate Association Of America (AREAA)

 

 

 

 

 

Professional Real Estate Designations (The Mark of Expertise and Service) & Certifications:

Certified to effectively communicate with the online consumer (ePRO^®)

 

World Properties Member , Transnational Referral Certified (TRC^®)

The Real Estate Buyer's Agent Council (REBAC)

 

Accredited Buyer Representative (ABR^®)

 Short Sales and Foreclosure Resource (SFR^®) 

The International Consortium of Real Estate Associations (ICREA)    

 International Referral Network (IRRN)   

Asian Real Estate Association Of America (AREAA) 

 

  Certified in Value Range Marketing (VRM)            

 

Homefacts Certified Realtor/Agent        

 

Member of The Green MLS Community        

                         

Member of The C.A.R's Young Professionals Network (YPN)     

 

 

 

 

 

 

 

 

 

Multiple Listing Services 

 

 

CRMLS

I am a member of CRMLS the largest MLS in the United States.  It consists of many associations such as:

Newport Beach Association Of Realtors, CRISNET (SFV, Burbank, Santa Clarita Valley), Downey AOR, HSJAOR (Hemet-San Jacinto AOR), LAGUNA Board Of Realtors, OCAR (Orange County AOR), PWR (Pacific Weat AOR), RSAOR (Rancho Southeast AOR).

 

MLSAlliance™ for Southern California

I have complete access to to MLSAlliance which is provided by seven MLS's in Southern California plus the following areas in Northern California:  Alameda and Contra Costa counties, San Francisco , Marin and the Sacramento metropolitan area to better serve my clients’ needs. The participating MLS's in Southern California are CLAW (Greater LA Metropolitan Area), i-Tech (Foothill Communities), Inglewood, MRMLS (Inland Valleys), Palos Verdes Peninsula AOR, SoCalMLS, and South Bay AOR.

 

 

 

 

Areas of Expertise, Value of a REALTOR®

I can help you in buying or selling residential, commercial, investment properties Internationally, Nationally, and Locally ; 1035 Exchange; Short Sales; REOs; Certified in marketing luxury and unique homes through VRM technique, New Homes.

 

When is a Real Estate Professional a REALTOR®?

When they are a member of the NATIONAL ASSOCIATION OF REALTORS^®. The Voice for Real Estate^® -- the world's largest professional association.

The term REALTOR^® is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS^® and subscribes to its strict Code of Ethics.

Founded in 1908, NAR has grown from its original nucleus of 120 to today's 750,000+ members. NAR is composed of REALTORS^® who are involved in residential and commercial real estate as brokers, salespeople, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry. Members belong to one or more of some 1,700 local associations/boards and 54 state and territory associations of REALTORS^®. They can join one of our many institutes, societies and councils. Additionally, NAR offers members the opportunity to be active in our appraisal and international real estate specialty sections. REALTORS^® are pledged to a strict Code of Ethics and Standards of Practice.

Working for America's property owners, the NAR provides a facility for professional development, research and exchange of information among its members and to the public and government for the purpose of preserving the free enterprise system and the right to own real property.

 

                                

 

 

 

How To Choose A REALTOR®

Home is where the heart is. If you're like most people, your home is also your single largest investment. That's why you must take the time to examine your priorities and find the right real-estate professional. Examine their knowledge, their real estate Designations (ePro®, GRI®, ABR®, TRC®, ...), their membership in professional organizations and Associations, and their experience.  Like any other profession (e.g. Doctors, Lawyers, Accountants, ... ) having a License is just the beginning!

  

The Critical Role of a REALTOR® in a Real Estate Transaction 

Many homeowners and homebuyers are not aware of the true value a REALTOR® provides during the course of a real estate transaction. Some of it is due to their own bad choice that they had when hiring their REALTOR® that resulted on not receiving many of these essential services.

  

Many of the most important services and steps taken to fulfill a transaction are performed behind the scenes by either the REALTOR® or the brokerage staff without any client knowledge.

  

This list is by no means an attempt to set forth a complete list of services as these may vary within each brokerage and each market. Many REALTORS® routinely provide a wide variety of additional services that are as varied as the nature of each transaction.

  

By the same token, some transactions may not require some of these steps to be equally successful. However, most would agree that given the unexpected complications that can arise, it's far better to know about a step and make an intelligent, informed decision to skip it, than to not know the possibility even existed.

 

There are about 240 steps a REALTOR® might take during a typical transaction and in different phases such as - Pre-Listing Activities, Listing Appointment Presentation, Once Property is Under Listing Agreement,  Entering Property in Multiple Listing Service Database, Marketing The Listing,  The Offer and Contract,  Tracking the Loan Process, Home Inspection,  The Appraisal, Closing Preparations and Duties, and Follow Up After Closing:

1 Make appointment with seller for listing presentation

2 Send seller a written or e-mail confirmation of listing appointment and call to confirm

3 Review pre-appointment questions

4 Research all comparable currently listed properties

5 Research sales activity for past 18 months from MLS and public records databases

6 Research "Average Days on Market" for this property of this type, price range and location

7 Download and review property tax roll information

8 Prepare "Comparable Market Analysis" (CMA) to establish fair market value

9 Obtain copy of subdivision plat/complex lay-out

10 Research property's ownership & deed type

11 Research property's public record information for lot size & dimensions

12 Research and verify legal description

13 Research property's land use coding and deed restrictions

14 Research property's current use and zoning

15 Verify legal names of owner(s) in county's public property records

16 Prepare listing presentation package with above materials

17 Perform exterior "Curb Appeal Assessment" of subject property

18 Compile and assemble formal file on property

19 Confirm current public schools and explain impact of schools on market value

20 Review listing appointment checklist to ensure all steps and actions have been completed

21 Give seller an overview of current market conditions and projections

22 Review agent's and company's credentials and accomplishments in the market

23 Present company's profile and position or "niche" in the marketplace

24Present CMA Results To Seller, including Comparables, Solds, Current Listings & Expireds

25 Offer pricing strategy based on professional judgment and interpretation of current market conditions

26 Discuss Goals With Seller To Market Effectively

27 Explain market power and benefits of Multiple Listing Service

28 Explain market power of web marketing, IDX and REALTOR.com

29 Explain the work the brokerage and agent do "behind the scenes" and agent's availability on weekends

30 Explain agent's role in taking calls to screen for qualified buyers and protect seller from curiosity seekers

31 Present and discuss strategic master marketing plan

32 Explain different agency relationships and determine seller's preference

33 Review and explain all clauses in Listing Contract & Addendum and obtain seller's signature

34 Review current title information

35 Measure overall and heated square footage

36 Measure interior room sizes

37 Confirm lot size via owner's copy of certified survey, if available

38 Note any and all unrecorded property lines, agreements, easements

39 Obtain house plans, if applicable and available

40 Review house plans and make copy

41 Order plat map for retention in property's listing file

42 Prepare showing instructions for buyers' agents and agree on showing time window with seller

43 Obtain current mortgage loan(s) information: companies and & loan account numbers

44 Verify current loan information with lender(s)

45 Check assumability of loan(s) and any special requirements

46 Discuss possible buyer financing alternatives and options with seller

47 Review current appraisal if available

48 Identify Home Owner Association manager if applicable

49 Verify Home Owner Association Fees with manager - mandatory or optional and current annual fee

50 Order copy of Homeowner Association bylaws, if applicable

51 Research electricity availability and supplier's name and phone number

52 Calculate average utility usage from last 12 months of bills

53 Research and verify city sewer/septic tank system

54 Water System: Calculate average water fees or rates from last 12 months of bills )

55 Well Water: Confirm well status, depth and output from Well Report

56 Natural Gas: Research/verify availability and supplier's name and phone number

57 Verify security system, current term of service and whether owned or leased

58 Verify if seller has transferable Termite Bond

59 Ascertain need for lead-based paint disclosure

60 Prepare detailed list of property amenities and assess market impact

61 Prepare detailed list of property's "Inclusions & Conveyances with Sale"

62 Compile list of completed repairs and maintenance items

63 Send "Vacancy Checklist" to seller if property is vacant

64 Explain benefits of Home Owner Warranty to seller

65 Assist sellers with completion and submission of Home Owner Warranty Application

66 When received, place Home Owner Warranty in property file for conveyance at time of sale

67 Have extra key made for lockbox

68 Verify if property has rental units involved. And if so:

69 Make copies of all leases for retention in listing file

70 Verify all rents & deposits

71 Inform tenants of listing and discuss how showings will be handled

72 Arrange for installation of yard sign

73 Assist seller with completion of Seller's Disclosure form

74 "New Listing Checklist" Completed

75 Review results of Curb Appeal Assessment with seller and provide suggestions to improve salability

76 Review results of Interior Décor Assessment and suggest changes to shorten time on market

77 Load listing into transaction management software program

78 Check ownership and title of the seller,

79 Search MLS for homes on the market,

80 Select homes suitable for the buyer,

81 Contact the listing agent,

82 Arrange for buyer to see the properties,

83 Arrange with sellers to show their property,

84 Drive buyers to see the properties,

85 Show comps to buyers for the home they decide to make an offer on,

86 consult buyers on making a counter offer if necessary,

87 Consult the buyers on the required contingencies on the offer,

88 Review disclosures with the buyers and make sure they will understand them,

89 Prepare info for listing the seller's property in the MLS,

90 Consult the sellers on the required contingencies on their Listing,

91 Prepare MLS Profile Sheet -- Agents is responsible for "quality control" and accuracy of listing data

92 Enter property data from Profile Sheet into MLS Listing Database

93 Proofread MLS database listing for accuracy - including proper placement in mapping function

94 Add property to company's Active Listings list

95 Provide seller with signed copies of Listing Agreement and MLS Profile Sheet Data Form within 48 hours

96Take additional photos for upload into MLS and use in flyers. Discuss efficacy of panoramic Photography

97 Prepare info for Websites,

98 Enter info in MLS,

99 Update Websites,

100 Arrange for picture taking,

101 Take pictures,

102 Put Digital photos in MLS,

103 Create print and Internet ads with seller's input

104 Coordinate showings with owners, tenants, and other Realtors®. Return all calls - weekends included

105 Install electronic lock box if authorized by owner. Program with agreed-upon showing time windows

106 Prepare mailing and contact list

107 Generate mail-merge letters to contact list

108 Order "Just Listed" labels & reports

109 Prepare flyers & feedback faxes

110 Review comparable MLS listings regularly to ensure property remains competitive in  price, terms, conditions and  availability

111 Prepare property marketing brochure for seller's review

112 Arrange for printing or copying of supply of marketing brochures or fliers

113 Place marketing brochures in all company agent mail boxes

114 Upload listing to company and agent Internet site, if applicable

115 Mail Out "Just Listed" notice to all neighborhood residents

116 Advise Network Referral Program of listing

117 Provide marketing data to buyers coming through international relocation networks

118 Provide marketing data to buyers coming from referral network

119 Provide "Special Feature" cards for marketing, if applicable

120 Submit ads to company's participating Internet real estate sites

121 Price changes conveyed promptly to all Internet groups

122 Reprint/supply brochures promptly as needed

123 Loan information reviewed and updated in MLS as required

124 Feedback e-mails/faxes sent to buyers' agents after showings

125 Review weekly Market Study

126 Discuss feedback from showing agents with seller to determine if changes will accelerate the sale

127 Place regular weekly update calls to seller to discuss marketing & pricing

128 Promptly enter price changes in MLS listing database

129 Arrange for home staging,

130 Arrange and home preparation for sale,

131 Prepare fliers for the property,

132 Provide booties, provide business cards,

133 Prepare sellers for home sale,

134 Consult sellers about door locks,

135 Consult sellers about pricing strategies,

136 Provide a list of upgrades to the house,

137 Arrange for handyman,

138 Arrange for house cleaner,

139 Answer selling agents' questions,

140 Arrange for inspector,

141 Attend the inspection,

142 Attend the appraisal,

143 Provide comps to the appraiser,

144 Review inspection report,

145 Review and consult with buyer on quality of repairs done,

146 Consult buyer for Request for repair,

147 Consult sellers about the offers,

148 Consult sellers on making a counter offer if necessary,

149 Consult sellers about accepting backup offers,

150 Provide timely status report for the sellers,

151 Adjust pricing and terms of listing based on market condition,

152 Provide buyer / agents input to the seller,

153 Prepare for broker preview,

154 Hold a broker preview,

155 Prepare for open houses, hold open houses,

156 Put open house signs in the neighborhood,

157 Answer calls by the buyers,

158 Review disclosures with the sellers and make sure everything is disclosed,

159 Review title Preliminary,

160 Consult buyer for easements/ ingress/ Egress,

161 Contact Title for schedule B items,

162 Contact lender for loan funding,

163 Contact escrow to check on progress,

164 Receive and review all Offer to Purchase contracts submitted by buyers or buyers' agents.

165 Evaluate offer(s) and prepare a "net sheet" on each for the owner for comparison purposes

166 Counsel seller on offers. Explain merits and weakness of each component of each offer

167 Contact buyers' agents to review buyer's qualifications and discuss offer

168 Fax/deliver Seller's Disclosure to buyer's agent or buyer upon request and prior to offer if possible

169 Confirm buyer is pre-qualified by calling Loan Officer

170 Obtain pre-qualification letter on buyer from Loan Officer

171 Negotiate all offers on seller's behalf, setting time limit for loan approval and closing date

172 Prepare and convey any counteroffers, acceptance or amendments to buyer's agent

173 Fax copies of contract and all addendums to closing attorney or title company

174 When Offer to Purchase Contract is accepted and signed by seller, deliver to buyer's agent

175 Record and promptly deposit buyer's earnest money in escrow account.

176 Disseminate "Under-Contract Showing Restrictions" as seller requests

177 Deliver copies of fully signed Offer to Purchase contract to seller

178 Fax/deliver copies of Offer to Purchase contract to Selling Agent

179 Fax copies of Offer to Purchase contract to lender

180 Provide copies of signed Offer to Purchase contract for office file

181 Advise seller in handling additional offers to purchase submitted between contract and closing

182 Change status in MLS to "Sale Pending"

183 Update transaction management program to show "Sale Pending"

184 Review buyer's credit report results -- Advise seller of worst and best case scenarios

185 Provide credit report information to seller if property will be seller-financed

186 Assist buyer with obtaining financing, if applicable and follow-up as necessary

187 Coordinate with lender on Discount Points being locked in with dates

188 Deliver unrecorded property information to buyer

189 Order septic system inspection, if applicable

190 Receive and review septic system report and assess any possible impact on sale

191 Deliver copy of septic system inspection report lender & buyer

192 Deliver Well Flow Test Report copies to lender & buyer and property listing file

193 Verify termite inspection ordered

194 Verify mold inspection ordered, if required

195 Confirm Verifications Of Deposit & Buyer's Employment Have Been Returned

196 Follow Loan Processing Through To The Underwriter

197 Add lender and other vendors to transaction management program so agents, buyer and seller can track progress of sale

198 Contact lender weekly to ensure processing is on track

199 Relay final approval of buyer's loan application to seller

200 Coordinate buyer's professional home inspection with seller

201 Review home inspector's report

202 Enter completion into transaction management tracking software program

203 Explain seller's responsibilities with respect to loan limits and interpret any clauses in the contract

204 Ensure seller's compliance with Home Inspection Clause requirements

205 Recommend or assist seller with identifying and negotiating with trustworthy contractors to perform any required repairs

206 Negotiate payment and oversee completion of all required repairs on seller's behalf, if needed

207 Schedule Appraisal

208 Provide comparable sales used in market pricing to Appraiser

209 Follow-Up On Appraisal

210 Enter completion into transaction management program

211 Assist seller in questioning appraisal report if it seems too low

212 Contract Is Signed By All Parties

213 Coordinate closing process with buyer's agent and lender

214 Update closing forms & files

215 Ensure all parties have all forms and information needed to close the sale

216 Select location where closing will be held

217 Confirm closing date and time and notify all parties

218 Assist in solving any title problems (boundary disputes, easements, etc) or in obtaining Death Certificates

219 Work with buyer's agent in scheduling and conducting buyer's Final Walk-Thru prior to closing

220 Research all tax, HOA, utility and other applicable prorations

221 Request final closing figures from closing agent (attorney or title company)

222 Receive & carefully review closing figures to ensure accuracy of preparation

223 Forward verified closing figures to buyer's agent

224 Request copy of closing documents from closing agent

225 Confirm buyer and buyer's agent have received title insurance commitment

226 Provide "Home Owners Warranty" for availability at closing

227 Review all closing documents carefully for errors

228 Forward closing documents to absentee seller as requested

229 Review documents with closing agent (attorney)

230 Provide earnest money deposit check from escrow account to closing agent

231 Coordinate this closing with seller's next purchase and resolve any timing problems

232 Have a "no surprises" closing so that seller receives a net proceeds check at closing

233 Refer sellers to one of the best agents at their destination, if applicable

234 Change MLS status to Sold. Enter sale date, price, selling broker and agent's ID numbers, etc.

235 Close out listing in transaction management program

236 Be in touch with escrow officer for closing date,

237 Answer questions about filing claims with Home Owner Warranty company if requested

238 Attempt to clarify and resolve any conflicts about repairs if buyer is not satisfied

239 Respond to any follow-on calls and provide any additional information required from office files.

Why to choose a REALTOR® with ABR® Designation?

What is a buyer’s representative?
Defined most simply, a buyer’s representative (also buyer’s rep, or buyer’s agent) is an advocate for the buyer—not the seller—in a real estate transaction. Real estate laws and regulations vary from state to state, but buyer’s representatives usually owe full fiduciary (legal) duties, including loyalty and confidentiality, to their buyer-clients and work in their clients’ best interests throughout the entire transaction.

What services are provided by a buyer’s representative?
If you’ve established an agency relationship with a buyer’s representative, common services include:

• Helping you clarify your priorities.
• Suggesting sources of financing and other service professionals, such as inspectors and exterminators.
• Providing sources of accurate and lawful information on neighborhoods, schools, and communities.
• Selecting and arranging property showings.
• Evaluating particular properties.
• Explaining forms and agreements.
• Suggesting contract contingencies to protect you, rather than the seller.
• Assisting in the negotiations for a favorable price and terms.
• Keeping all information confidential that could weaken your bargaining position.
• Monitoring the entire purchase process, assisting with issues that arise through closing.
• Knowledge of real estate contract writing - A buyer’s agent has written and reviewed many purchase agreements before and has the skills to make sure that it includes contingencies in the right places to allow you to walk away from the contract to purchase if you are not satisfied.

How does an Accredited Buyer’s Representative (ABR®) differ from other buyer’s representatives?
An ABR® is a buyer’s representative who has completed advanced training and who has proven experience in serving the special needs of buyer-clients. In addition to knowing the dynamics of their local market, an ABR®-designated buyer’s rep can help you make informed decisions throughout the entire home buying process. An ABR® is also a REALTOR® (a member of NAR) and must abide by a strict Code of Ethics.

Why it might not be a good idea for the Buyer to use the Listing Agent when Buying a Home?

As a matter of California law, a Real Estate Broker or Agent owes the highest duty of good faith, honesty and fair dealing to their client.  This duty is referred to as the Fiduciary Duty.  Listing Agents enter into legally binding agreement that requires them to ALWAYS act in the best interest of the Seller.

 

 

Why Choose a REALTOR® that is e-PRO® Certified?

The Internet has added a new dimension to the real estate world. Now you can be assured that the REALTOR^® you choose will have the knowledge and skills to put the power of the Internet behind your real estate transaction.

e-PRO® is not just about technology - it's about how to leverage the most powerful asset,  people-skills, into doing more business on the Internet.

All e-PRO Internet Professionals are REALTORS^® who completed a rigorous certification program endorsed by the prestigious NATIONAL ASSOCIATION OF REALTORS^®(NAR).

Real estate agents and brokers who have earned e-PRO Certification are Internet Professionals who have completed extensive training using the Web. e-PRO Certification means the real estate professional is prepared to employ the latest techniques and services for your benefit, just like you've grown to expect from a professional.

Life can be a little easier.

Save time and irritation. Work with an e-PRO Certified real estate professional who provides both buyers and sellers with high quality, timely information using the resources of the Internet.

e-PRO Internet Professionals maximize your ability to leverage the enormous power of the Internet when you are buying and selling property.

Working with the best pays off.

Save money. e-PRO Internet Professionals can help you take advantage of the latest Internet innovations resulting in considerable savings and speed whether you are a buyer or a seller of property.

Work with someone who is ready, willing, and very capable. Your e-PRO Certified real estate professional has already proven that he or she is prepared to respond to the new market place. e-PRO Internet Professionals are committed to being more responsive, understand that you are the boss, and will completely respect and guard your privacy.

Rest easy...

e-PRO Internet Professionals can offer you the peace of mind that comes from knowing you have chosen to work with a REALTOR^® committed to using the Internet with skill, integrity, and professionalism.

Work with a professional who has made the extra commitment. Choose an e-PRO because today, the keystrokes may be as important as the handshakes.

 

 

Why to choose a TRC® member

If you are a buyer or seller looking for help with a property transaction outside your national market, WorldProperties.com can help.

Find a Transnational Referral Certified (TRC^®) Broker: Cross-border transactions can be complex, so it is important to involve a professional who understands local market business practices and market conditions. Search for brokers and sales agents who have completed training on transnational referrals. The individuals in this database are all affiliated with an ICREA member association and have successfully completed training on making and receiving client referrals from professionals in other countries. TRC brokers are well prepared to provide quality service to buyers and sellers with international property interests. You will be assured of you agent’s involvement and continuous monitoring of the transaction to a successful conclusion.  You will be informed of:

- Restrictions on foreign ownership of real estate.

– What official documents are necessary and how easy are they to acquire?

– How long is the document acquisition process? 

– What is the cost?

- Does the country maintain an official central property register?

- What is the tax structure? 

- How safe is the investment climate in terms of protection of property rights?

TRC brokers also understand the concept of paid referrals and are prepared to participate in a fee-sharing arrangement with other brokers or sales agents.

Sellers can get much more exposure with advertising in distinctive homes in front of an international audience.

Buyers from all over the world can have access to properties around the world.

 

How to Exchange*

Selling tax free has never been easier! It's simple when you follow the steps, and we'll be there for you at every phase in your transaction. For your convenience, we've provided the following checklist to walk you through the basic exchange process with links to the required forms necessary to complete each step. Happy exchanging!

Consult your accommodator expert regarding your specific property and situation, rules might change unexpectedly.

• Sell your relinquished property. Remember to notify your buyers in the contract or an amendment to the contract of your intent to complete a 1031 exchange (with buyer's cooperation and at no additional cost to the buyers).
• Open your exchange as soon as you have your property under contract.
• Sit back. From here, your accommodator team will do all the work.
• Sign your exchange documents.
• Close on the sale of your relinquished property. The exchange proceeds are wired to accommodator to be safely held in a trust account.
• Countdown begins. Your exchange period begins when you close on your relinquished property. You have 180 days to complete your exchange (or until the date your tax return is due, whichever is earlier).
• Identify your replacement property. Mail to your accommodator your identification letter, dated within your 45 day identification period.
• Purchase your replacement property. Remember to notify the sellers in the contract that you are completing your 1031 exchange (with seller's cooperation and at no additional cost to the sellers).
• Notify accommodator  when you are under contract for your replacement property.
  
  Relax. Once again, accommodator will work with your closing officer to ensure you complete all the exchange documents as required.
• Sign your exchange documents. ..
• Close on the purchase of your replacement property.

 

Frequently Asked Questions

How can I qualify to pay NO taxes when I sell my property?

Any investor can qualify! Section 1031 of the IRS code lets you sell your property and buy a new property without paying any taxes. You simply follow specific rules. That's where we come in. As a professional qualified intermediary, we'll help you qualify and gain the advantages of a 1031 tax free exchange.

Can I avoid paying taxes forever?

Yes, you can. By simply following the 1031 exchange rules every time you sell one or more properties and buy replacement properties, when you die your estate escapes all the capital gains taxes forever!

What exactly are the tax advantages in exchanging?

You can eliminate paying any capital gains taxes, and you can eliminate paying the even higher-rate taxes on the recapture of depreciation you've taken on your property. By exchanging into a higher priced property you'll also gain additional depreciation deductions which can increase your after-tax income.

Are there reasons to exchange other than tax advantages?

Yes, there are many non-tax reasons to exchange. For example, if you no longer like managing property, you can exchange your management intensive property for triple-net management free property, or exchange multiple smaller properties for one that can be professionally managed. Or, say your current property cannot be easily refinanced. You could exchange out of that property for a new property which could be refinanced more easily so you can take some cash out. Or, you might exchange to improve cash flow.

What kind of real estate qualifies for a 1031 exchange?

Almost every kind of real estate is considered "like kind" and can be exchanged for any other real estate, including vacant land for apartments, a rental house for a shopping center, an office building for a leasehold interest with 30 years or more remaining, as long as you hold them for investment or business use. Check with us on the specific properties.

How long can I take to buy a new property?

You have 180 days between the closing date on the sold property and the closing date on the purchased property.

Can I buy a new property before selling my old one?

Yes, you can buy a new property before selling the old property and still qualify - it's called a "reverse" exchange. The qualified intermediary takes title to the new property you buy and holds it for you until you sell your old property.

Can I get money out of the exchange tax free?

Yes, one way is to complete the exchange first and then refinance the new property.

Can I use my IRA in conjunction with a 1031 Exchange?

Yes, if you do it right.

Using an IRA for real estate requires a special Self-Directed IRA. Your Self-Directed IRA at Charles Schwab or Fidelity does NOT permit you to hold real estate or any asset other than securities. This can be solved by moving your IRA to a custodian that allows for real estate in the plan document. With the right Self-Directed IRA (known as Real Estate IRA) and proper structuring, you partner with your IRA to buy leveraged real estate. When it comes time to sell, you can 1031 your portion of the gain while the IRA gets its portion of the gains tax exempt.

Can I buy more than one piece of property tax free?

Yes, you can acquire any number of replacement properties.

Can I exchange several smaller properties for a larger one?

Yes, you can sell any number of smaller properties and trade up to a larger one.

How do I exchange into a larger property (trade up)?

You trade up by getting a bigger loan on the new property, or adding cash, or equities in other properties, or notes carried back from the sale of other properties, etc. Done right, it's all tax free.

Can I refinance without blowing the tax free exchange?

Yes, you can refinance the property you are selling before you exchange, or refinance the property you are buying after you exchange, and the proceeds are tax-free. Check with us for the details as the timing and contract dates are critical.

Can I carry back a loan on the property I'm selling and still have a tax free exchange?

Yes, the payments you receive are taxed as you get them, on an installment sale basis. The balance of your equity is exchanged tax free.

I've already sold my property. Can I still do an exchange?

Yes, provided your sale has not closed yet, simply contact me and I will help you find qualified intermediaries to turn your taxable sale into a tax free exchange with some simple paperwork. You can call right up until the day before closing

 

*Consult a qualified intermediary and/or your CPA for your exchange needs.

 

 

 

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