Archive for June, 2009

How Can A Brand New Real Estate Agent Get A Listing?

Saturday, June 27th, 2009

Questions and Answers signpostBecoming a brand new realtor in this day and age is something that is extremely difficult – not only are you brand new on the market and most likely fresh out of school, but you might not have any idea how to capture your first home to sell.  There are many different answers to that question, but let’s first talk about building your database.  This is where you can get on the computer and use the internet to get your name out there – there are many different contact software sites available that will let you connect with people and build your database from there.

Another thing you want to do is take your business seriously.  You want to make sure that you hit the pavement too and get yourself out there … pretty soon, someone will take a chance on you and let you sell their home and that will give you such a fantastic high that you will never turn back!  One thing that you need to think about whenever you are looking to build your business from the ground up is going to be: what type of business are you trying to build?

Think about that question and let me know what you come up with, I’d love to get some feedback here!

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How You Can Use Remnant Ads To Your Advantage!

Friday, June 26th, 2009

6a00e5529b9bdf8834011278d5c44928a4-800wiThis year, with the economy in the turmoil that it is in, people, especially realtors are constantly looking for a way to improve their business and to gain new clients.  In the last post we touched on how you, as a real estate agent can gain more clients and now we are going to talk about how you can stretch your budget on advertising by using Remnant Ads!  These ads truly are a life saver for most people and they really do work to get your name out there, which – if you read the post below is one key point.

Advertising is one thing that a lot of realtors have a problem with simply because they can not find the right amount of advertising to make a difference on the budgets that they have.  That is why there are usually gaps in their advertising schedules and as a result, they lose a lot of revenue simply because people do not know that they are out there!  Remnant Ads are a fantastic way to bump up your real estate business.

Now, you are probably wondering exactly who offers up Remnant ads.  Pretty much anyone – radio stations, newspapers, magazines and even some TV stations – everyone needs filler material and you could take that filler space for cheap!

Tips For Real Estate Agents: How To Get More Clients!

Sunday, June 21st, 2009

looking-through-binoculars-future-predictionsWith the real estate market going downhill along with the automotive market, it can be extremely difficult for a new real estate agent to find clients – or even an experienced real estate agent to find new clients so they can start making more money.  That is exactly what we are going to explore in this blog – how you can find new clients so you can generate new revenue.  One of the first things that you need to do is make your presence known.  That means … using the internet to your best advantage.

There are so many different resources available online that it truly is incredible and if you are trying to promote you and your services, you should definitely take advantage of everything that the internet has to offer.  However, you do not want to make it all about being online either – you really want to make sure that you get out there with your face and reputation.  Making those social connections is awesome and you really need to make sure that you do that.

Making up business cards and placing them around places like coffee shops and such is a fantastic way to ensure that your name is getting out there.  Promoting yourself can be difficult but not impossible … just remember some of these tips and you should be fine!

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How to Sell Commercial Real Estate

Saturday, June 20th, 2009

commercial-property-in-nice-franceSelling commercial real estate is something that is completely different than selling just a house.  Firstly, you need to understand that you are not just selling a property, but rather you are selling a company as well.  While most real estate agents that are professional can handle selling commercial real estate, there are many different real estate agents that specialize in this field.  It does take a lot to specialize in selling this type of real estate and if you are thinking about breaking into it, you need to know a few things.

One of the main reasons why people specialize in selling properties like this is because of the money.  The money is absolutely more lucrative than just selling individual properties; however, it does take some skills.  Whenever you are selling commercial real estate, you need to understand that there are a lot of different rules and guidelines that you much follow and every city is different – so make sure that you understand all of those.

Another thing that you need to make sure that you do is hire yourself a solicitor and accountant to handle all of the contract details, because there will be a lot of them.  This will not only save you a lot of time, but it can also save you a lot of money.  Becoming a real estate agent in this field is difficult but well worth the effort.

Understanding A Short Sale Mortgage Offer: 2

Tuesday, June 9th, 2009

key-cropNow that you understand exactly what a short sale offer is, you now need to know who can accept these offers and what you should do with them if you do encounter one.  First and foremost, you need to make sure that you forward the offer over to your mortgage lender; they are going to be the ones that are going to approve or deny the short sale offer.

The reason that they get to choose is because there are many different factors that they are going to consider.  The value of the home, how much equity is in the home, how many mortgages are on the home right now – all of these are factors that the mortgage lender are going to consider.

Short sale offers and mortgages are being accepted more and more nowadays and when you encounter one, do not be scared – just forward it onto your mortgage lender and let them decide!

Understanding A Short Sale Mortgage Offer: 1

Monday, June 8th, 2009

short-saleWhenever you are attempting to sell your house, especially in this economy – it is pretty obvious that any offer that you get might be one that you will consider.  However, did you know that there is such a thing as a Short Sale offer?  These are very difficult to understand and process if you do not understand them and that is exactly what we are going to explore in the next couple blogs!

Firstly, in order to process a short sale offer, you need to know exactly what it is, it is an offer that comes in from a potential buyer that is actually way less than what you own on the mortgage.  Now, these offers do not come in often, but when they do, you do not have the power to accept them – know that.

And we will pick up right here in the next blog folks so stay tuned…!

How to Avoid Losing Your Home: 2

Sunday, June 7th, 2009

losing-home-2Do you know where most new home buyers go wrong? They make bad decisions. Do you know where a lot of them tend to start making bad decisions? With their real estate agent.

Too many people tend to hold the inconceivable misconception that every real estate agent ever in existence is the same as every other real estate agent. What is the basis of this belief? The fact that they all have a license to buy and sell real estate. This truly boggles the mind, because those same people also seem to believe that the “similarities” of every real estate agent means they do not have to actually interview for potential agents. They figure, what the heck, they’re all the same! They can just choose one at random! Some people even think that they will offend an agent by asking questions about experience, fees, and things like that nature. Uhm … what?

This often leads them to hiring some too-eager beaver at the cheapest price. Again — what? An agent like that is not going to have your best interests at heart.

Seriously, take the time to interview potential candidates, and ask any question you need to ask. You are going to get a better deal that way — and likely a better home as well.

How to Avoid Losing Your Home: 1

Saturday, June 6th, 2009

losing-home-1When you are ready to make that big commitment and buy a new home, there are a whole lot of things you need to watch out for if you do not want to wind up losing that home.

For example, stay away from those seminars. You know the ones. No Money Down seminars. Real Estate for Cheap seminars. Those things. You have to sit through a sales pitch that typically lasts no less than three hours, listening to someone trying to sell you books, DVDs, CDs, and goodness knows what else by people who claim to be real estate experts full of trade secrets. Those people are full of something, all right, but if you listen to them, something really important to you will be empty — your wallet.

These things are full of bunk. They will not provide you with any helpful information. They will, however, provide you with all the tools you need to make sure no qualified real estate agent is going to want to touch you with a ten foot pole. You’ll wind up making a bunch of ridiculously low offers on homes you cannot afford, and you will get rejected every time.

We can't stress enough how important it is to get the right insurance. For your home, get as many homeowners insurance quotes as you possibly can! For your business, contact multiple agents to get estimates on your business insurance. You need insurance, but you don't need to pay too much for it!