Should Your Real Estate Agent Be a Real Estate Professional?

A seemingly logical question may be, are not all real estate licensees professionals? One would hope so, but how does one distinguish this? A dictionary definition would reasonably say that professionals of any stripe are those that make a living in a particular trade. In that sense, any licensee actually working in the trade could…

A seemingly logical question may be, are not all real estate licensees professionals? One would hope so, but how does one distinguish this? A dictionary definition would reasonably say that professionals of any stripe are those that make a living in a particular trade. In that sense, any licensee actually working in the trade could be considered a professional. But can you afford to leave it at that?

By a more critical standard, real estate professionals are those that truly commit themselves to their trade. Not only do they strive to make a living out of the trade, they spend extra effort assuring competency in the work they do. They find them among a fellowship of like-minded people that take exceptional pride in their work. And there are plenty of statistics available that indicate that REALTORS © are far more productive, better services.

So for a consumer to determine if their prospective agent is a professional, they may begin by asking if the agent is a REALTOR ©. REALTORS © are licensed tradesmen that have committed to serve and be bound under a professional code of ethics. Licensees that do not choose to be REALTORS ©, choose not to be bound by those high ideals-although sure there are some among the uninitiated that philosophically subscribe to the professional standards of the REALTOR ©, they just do not want to officially commit, for some reason.

Maybe that's the question to ask. Why is a licensee not a REALTOR ©? It's a fair question, and one that consumers might want to ask, because if consumers become unhappy with the licensee's work, they have a singular, logical recourse for remedy-through the judicial process, ideally through the office of the state's real estate commissioner. On the other hand, REALTORS © have a formalized process for addressing grievances despite state associations and local boards. At the associations and boards, a consumer may choose to mediate or arbitrate the matter. In such cases, a panel of REALTOR © professionals may be appointed to judge the behavior of the REALTOR © in question, and decide whether that person should be allowed to continue serving in the brotherhood. Then, if the consumer remains unsatisfied that sufficient atonement has been achieved, there is always the court system to fall back on.

Finally, please do not forget to thank a REALTOR ©, if you know one, because REALTORS © are your advocate in government. The fellowship they represent represents the most influential voice in the entire country committed to protecting individual property rights for homeowners-from the White House all the way down to the local municipality. REALTORS © are the consensus professionals.

Just remember that not all real estate licensees are REALTORS ©, and there is a difference. So ask the question. Are you a REALTOR? And if you suspect a devious answer, requests to see a membership card. There really is such a thing.

Know These Things Before Selling Your Property

To be honest, there's a reason why the demand for property brokers has not finished at all. Nearly 90% of individuals who are looking to buy and sell properties use the services of these professionals. These agents charge a percentage of commission which is why some people refrain from hiring their services. But what you…

To be honest, there's a reason why the demand for property brokers has not finished at all. Nearly 90% of individuals who are looking to buy and sell properties use the services of these professionals. These agents charge a percentage of commission which is why some people refrain from hiring their services. But what you need to understand is that the cost that you will incur on the commission of these brokers is totally worth it.

Certain kinds of expertise are crucial in this field

You see, to successfully undertake property deals, a certain amount of negotiating skills and market knowledge is required. This kind of expertise is scarcely noticeable in homeowners, and that's completely understandable. From a buyer's perspective, a broker tries to get a house they desire at the lowest rate possible. A buyer specifies his or her budget and the broker finds the most appropriate price for them. Similarly from a seller's point of view, the professionals will generally try to fetch the highest price for their property.

Being aggressive is key to selling assets at high prices

Know one thing for certain; there is intense competition in the market for properties. You need to act fast and be aggressive to put your selling point among a wide number of people. You should: –

• Market your house aggressively

• Use staging by improving the visual appearance of your property

• Use professional quality photographs in listing sites to advertise them

• Showcasing the property to prospective buyers

So, once you have found a buyer, what will you do next?

Do not think that the job is done once a buyer agreements to acquire your property. On the contrary, the most nerve wrecking process is still to be completed. It's not a foregone conclusion that you will accept any offer the buyer proposals. In most cases, there will be multiple counter-offers from both sides until both parties settle on a price. It's a long drawn out process which is why having expert professionals by your side is vital.

If finance is a constraint for you and you are finding to pay the commission of these professionals, have a frank conversation with them. Discuss what you need and if they agree, sign a contract immediately. Also, make sure you sign a short contract rather than a long one. This should give you sufficient time to evaluate the whole process and what you need to do more.

The Pros and Cons of a Real Estate Career

When one pictures a career in real estate, he or she may think about placing a sign on the front lawn of a beautiful house and helping a happy family find the home of their dreams. A substantial income may also be imagined. While becoming an agent can provide both of these things, a person…

When one pictures a career in real estate, he or she may think about placing a sign on the front lawn of a beautiful house and helping a happy family find the home of their dreams. A substantial income may also be imagined. While becoming an agent can provide both of these things, a person needs to have the right personality and work ethic to make it happen.

It may seem obvious, but those in real estate need to have a friendly, outgoing personality. Sales representatives are not just selling a house; they are marketing their services. To be successful, one must be willing to walk up to strangers at networking events or chat up people on the street. Because people react more positively to those with a sunny, optimistic disposition, an agent must also have a cheerful personality.

Sales representatives also need to be good listeners. One must fully understand what a client wants and be able to deliver. If a potential buyer is not shown properties that meet their needs, they'll find a new agent.

Communication skills are not enough, though. A person must be willing to put in long hours to succeed. While sales representatives will be able to work from the comfort of their own homes and generally set their own hours, they will be at the beck and call of clients. If a buyer wants to view a property at 8 pm on a Saturday, the agent needs to be able and willing to accommodate them.

Because real estate agents do work so much, the hourly rate may not be as high as one would hope, at least in the beginning. It can take over a month to help a family find their ideal home, so while promises may seem high when a sale is initially made, when one considers the actual hours put into the transaction, it may not seem as impressive.

A professional must also face the fact that he or she may not make a sale for a few months. Because of this, before embarking on a real estate career, many suggest saving enough money to cover expenses for six months. Because income can fluctuate, agents must also have the ability to save and stick to a budget.

It's important to keep in mind that since agents are small business owners or independent contractors, all expenses (from pens to health insurance to marketing) are their responsibility. All of these costs must be considered and planned for.

If a person decides that a career in real estate is right for him or her, he or she will need to have at least a high school diploma and obtain a license, which requires a written test. A background in sales or marketing and a formal education in financing or law can also be beneficial.

Don’t Select a Lawyer Based on Price! It Could Cost You – Choosing a Real Estate Lawyer

You will need a lawyer to close your real estate transaction. Choosing the right lawyer is not something that should be taken lightly. Clients often ask me to recommend a lawyer and one of their criteria is “Who is the cheapest?” Do not automatically go for the cheapest lawyer! One of the best ways to…

You will need a lawyer to close your real estate transaction. Choosing the right lawyer is not something that should be taken lightly. Clients often ask me to recommend a lawyer and one of their criteria is “Who is the cheapest?” Do not automatically go for the cheapest lawyer! One of the best ways to find a good lawyer is to ask friends or relatives for a recommendation. That way you will not think that the recommendation is tainted by an agent's opinion. They may not remember all the good things about their lawyer but will most definitely let you know about the bad things! If you ask a Realtor for a recommendation they should give you three names with no personal bias.

Yes, definitely call the lawyer and ask for prices but also pay attention to how the lawyer treats and talks to you. First impressions count and you want to deal with someone who makes you feel comfortable.

Do he / she ask you questions about your situation or just spit out a price because they figure you are a price shopper? How you are rated on your first phone call can be an indicator of how you will be treated if you decide to become a client.

Do you talk to the actual lawyer or an assistant? In some of the larger firms you may deal with law clerks a lot of the time. Nothing wrong with that, just be aware of who you will be talking to in the future.

Be sure to ask what is included in the fee. Some lawyers bundle their fees to be all inclusive and some charge a fee plus disbursements. Ask about any additional or potential surprise costs.

Be sure to ask about title insurance. It should be a no-brainer for a lawyer to recommend it.

You also want a lawyer who is experienced and specializes in real estate. Someone who does most of their business with the type of real estate you are dealing with.

When I was dealing with my last real estate lawyer, who unfortunately recently retired, I did not bother to ask him his costs until I saw it on his closing costs statement. What was more important to me was he was a good lawyer and took care of me. He probably was not the cheapest but he was fair with his prices.

I'm not trying to give you all the answers here, I am just trying to bring your attention to some topics to consider when choosing a lawyer for your next real estate purchase or sale.

How to Pick the Best Real Estate Agent

For most people, a real estate transaction is one of the largest financial transactions that they will make in their own life. If you are selling or buying a home, for example, the deal is likely to be in the hundreds of thousands of dollars. With that kind of money at stake, it should go…

For most people, a real estate transaction is one of the largest financial transactions that they will make in their own life. If you are selling or buying a home, for example, the deal is likely to be in the hundreds of thousands of dollars. With that kind of money at stake, it should go without saying that you want to have good people on your side. That means you should be working with a qualified and experienced real estate agent who will work hard to make sure you are getting a good deal.

Is it possible to act as your own real estate agent when completing a purchase or sale? Sure, it's possible – but it is usually a bad idea. Most people lack the necessary knowledge of the real estate market, as well as real estate contracts and language, to make sure they are getting a good deal. The cost of hiring an agent is surely worth it when you consider how much money they can help you save on a purchase (or make on a sale). To pick out a good agent for your next transaction, consider the following tips.

Market Specific

The first thing you want to do is find an agent who is in tune with the current market conditions where you are planning to buy or sell a property. Bringing in an agent from a couple of counties away is usually a bad idea, as they may not have the local knowledge necessary to get you the best deal. Real estate is always changing, so you will be well-served to work with someone who is dealing in your market on a daily basis. Before committing to work with a specific agent, ask them about their familiarity with the market where you will be looking to buy or sell.

Experience is Crucial

Having experience is important in any profession, but it is especially key when it comes to real estate. One of the big advantages of working with an experienced agent is having access to all of the connections that they have made over the years. An experienced agent has often relationships with many other agents in the area, meaning they will be able to cast a wide net in order to track down the right property for you to buy, or the right buyer for a property you have for sale. In addition to connections, an experienced agent also brings knowledge of the negotiating process that could save you thousands in the long run.

Talk to Previous Clients

Your homework will not be complete until you take the time to talk to at least a couple of the agent's previous clients. Ask for a list of references and then contact two or three of them to find out about their experience and level of satisfaction. Real estate is a reputation business, so a good agent will have left a trail of satisfied clients behind them through their career.

Are They Tech Savvy?

If you are trying to sell your home, you want to make sure the agent will be able to take full advantage of the online real estate world in order to create a buzz around your property. Take a quick look at the current online listings that the agent has for sale to make sure they are full of quality pictures, detailed information, and more. Since the vast majority of real estate buyers start the process online, you need to make sure your property is going to look great on the web.

Most markets have hundreds or even thousands of active real estate agents, so you should have no trouble tracking down qualified candidates to help you buy or sell your property. This is an important decision, so take your time until you are able to settle on an experienced professional who is ready to work hard in order to get you the best possible deal.

From Diamond City to the Real Estate Paradise – SURAT

Surat or Suryapur is one of the most prominent cities of Gujarat (2nd largest) as well as India (9th largest) with a population of around 4.6 million “Surati People” (Surati = People residing in Surat). It's not among the top metropolitan cities in India but when compared with the top ones there are hardly any…

Surat or Suryapur is one of the most prominent cities of Gujarat (2nd largest) as well as India (9th largest) with a population of around 4.6 million “Surati People” (Surati = People residing in Surat). It's not among the top metropolitan cities in India but when compared with the top ones there are hardly any points missing. Great infrastructure and education combined with excellent business opportunities in the field of IT, textile, real estate, Diamond is enough for Suratis to blossom. Chilling at Chab Chhaba Chab water park, bike riding at Surat-Dumas road, Saturday night out at Dumas, roaming in Rahul raj Mall and VR Mall are the trademark signs of Surati people.

From the very beginning Surat was considered to be the Diamond hub of India and for the same it became popular with nicknames like Diamond city of the World, Diamond hub of the World, Textile city of India, etc. But now this trend seems to be changing drastically in favor of the real estate industry since the recession hit in 2008-09 that led the Diamond fade away. The drop in the Diamond market was extreme and the results were utterly devastating.

During this period, the real estate market in Surat started gaining momentum. This was bound to happen considering the fact that property investment returns the best output in the minimum period of time. People initially started searching for properties via different platforms like social media, classified ads, search engines, etc.

This sudden change led to the rise of several real estate agents, builders, corporations in Surat. Like professionals, they understand the potential of this market and started heavy investments in new projects. Slowly Diamond evaded from people's minds and they started looking positively at the new opportunities. They understand the possible benefits and started investing in these new projects offered by agents and builders.

Now, if you drive by some of the most popular areas of Surat like Vesu, Ghoddod road, Piplod, Adajan, Ved road, Katargam, etc. you will find luxurious and vast projects undertaken by some of the top most corporations in India. This shows the evolution made by the real estate market of Surat and it will only increase day-by-day.

Up to now we have discussed about the potential of this industry in Surat and its top players, but the ultimate goal are users. To reach and explore the complete new base of users, corporations and agencies have built up their own websites allowing users to buy or sell any property online. Therefore, if you are serious about your investment, there is not a better way than the real estate market for sure in Surat. From the above facts, its concluded that Diamond was the Past but Real Estate is the Future of investment in Surat.

Should I Be a Real Estate Agent?

I think that just about everyone wants to work for them at some point. It could be as an entrepreneur. You can be in financial services or a real estate agent. You can run another type of business. Obviously, there are plenty of options. What I mean by working for yourself is having the daily…

I think that just about everyone wants to work for them at some point. It could be as an entrepreneur. You can be in financial services or a real estate agent. You can run another type of business. Obviously, there are plenty of options. What I mean by working for yourself is having the daily flexibility to balance your life without someone telling you where you need to be or what you need to be doing all day.

On the entrepreneur side, if you have a niche product or service that can be successful locally or nationally, it may be worth the business plan to get started. One piece that would help as an entrepreneur is having funds that can support you while you are in start-up mode. I call this stress relief. Having 18 months to 24 months of savings that can sustain you and your family while your business starts up is huge.

Having your own start-up support eliminates every day worries that will impact your success. I started off in financial services with very limited resources. My big daily worries would be food and fuel. I could only set enough appointments that I could travel to. There was a chance, on any given day, that I would not have fuel. After this, I had to insure that my family could eat every day. That is a lot for anyone. These additional worries impact your performance each day. For me, I only earn money in financial services when I help people and they purchase product. I would work off of three rules. These are being honest, humble, and helpful. There is no reason to have anyone purchase something that does not fit their future plans. I still work these concessions in financial services.

With 18-24 months of money to sustain life, you can really focus on the success of your new business. Real estate would be interesting for me. You do have to travel. You are in the position of helping someone to purchase or sell a home. Both of these items are pretty stressful. A person that enjoys people and continues to grow with real estate knowledge can be quite helpful. It is another position where you collect a pay check after helping someone. Normally, after the home closes (buying or selling) the realtor will receive their commission very shortly afterwards. I am sure you can feast or famine. If I sell 3 luxury homes for $ 3 million each my responsibilities will be much higher than selling 3 homes at $ 300k each. I would say that it would be hard to find those luxury homes. Really, it is not. There are many neighborhoods where all of the homes are pretty pricey.

What do you choose? It depends on you. Real estate may very well be the niche that is the most fun and most profitable. Who knows? It can be a husband and wife joint venture. Both can be agents or maybe one can be the lender. Financial services is another great way to help people. Obviously, the sky is the limit for a well thought out entrepreneurial plan. All of these ventures take you into the unknown. That can be part of the excitement.

Deal in Real Estate on a Low Fee

Every profit maker knows the fact that the best investment on earth is earth. It has been even recorded that real estate is the greatest saving to make the supplementary earnings. Although it's a boosting field, but the boost ups do not come on its own. You should have the knack to produce the profits.…

Every profit maker knows the fact that the best investment on earth is earth. It has been even recorded that real estate is the greatest saving to make the supplementary earnings. Although it's a boosting field, but the boost ups do not come on its own. You should have the knack to produce the profits.

Real estate: a prosperous field

Real estate dealing is not an easy thing to do. You should have enough knowledge to sell or lease your hot property on the maximum rates. Seeing the profits coming, people get involved in the property business randomly. As a result, they bear the loss. Actually, you can not be the jack of all trades. To earn well, you have to master the subject.

Choose your agent wisely

Making choices is the most complex part of any deal. You have a lot of options and only one thing to choose. With every option, you have to keep the profit and the loss criteria in mind. When you decide to put up your property for sale, there is a long queue of agents standing to earn decisions and that's the time to make the real choice.

Pick out your low fee agents

An agent in a box offers you to get your work done in a very low amount. They serve you sitting back at home. You are the real boss to order and make the deals, the way you want to. The web real estate mediators quit to expect the huge profits from your investments rather they focus on serving you with all you want. The major amount of profits comes when you minimize the expenses and online agents give you that chance to deal with your consumers without paying any extra bucks to the commission agents. When you pay low and get higher, you obviously stand on the profit platform where you are supposed to be.

Get all you want at low prices

Property agents help sell your house on higher rates and get the maximum amount of profits, but In return, they ask for the huge amounts of their services. Online agents, on the other hand, serve you wholeheartedly and ask for minor amounts in return. Now, if we see it from the point of making earnings, we will not think twice to choose the second one. Now, one need not be under the clouds to make the choice.

Consequently, selling or leasing your home online is the smartest way to save bucks.

How To Select The Right Realtor To Sell Your Home

Selling your home can be a daunting task. You would want that your home goes to the best buyer and at the best price. To avoid taking all the trouble yourself and save time, take the services of a realtor who can help you get the best deal. They are paid on a commission basis,…

Selling your home can be a daunting task. You would want that your home goes to the best buyer and at the best price. To avoid taking all the trouble yourself and save time, take the services of a realtor who can help you get the best deal. They are paid on a commission basis, the more houses they sell, they more they earn.

A realtor can be trusted as they are a member of the National Association of Realtors and can lose their membership for corrupt practices or negligence work. They are aware of the market conditions and the value of property in your area and will also understand your needs and priorities. They know how to list your property with proper pictures and information to help your house get maximum exposure.

How To Select the Right Realtor ?

Get References – It is the most common way to look for realtors. You can get referral from a friend, college or family member. Check online sites to see the list of realtors in your area. You can also browse ratings and reviews of those realtors given by current and former clients. This will help you get an insight into the skills and ability of the realtors and aid you in making an informed choice.

Interview the Realtors – After you have shortlisted a few people, it's time to meet them and discuss relevant points. Ask them how long they have worked in the real estate, the types of sale they specialized in and the clients they have served. Also tell them about the property and your expectations. It is important for the realtors to be tech-savvy as it will help him handle the online customers. A good realtor will be able to make a cutting-edge plan and execute it to sell your home at the best possible price to the best possible buyer.

Price – Brokerage is not set by law or regulation. Ask them about the commission they will take and if there are other fees or charges which you will have to pay.

Make A Choice Based on Your Needs – You will have to be clear about your needs so that when you meet and interview the realtors, you will be able to select one whose strength best matches your needs.

In today's technologically advanced environment, it is not difficult to look for a realtor. Considering the above mentioned points will help you find the best one to fit your needs.

Tips To Succeed As a Real Estate Agent

Do you want to start a real estate business and want to become a successful Real Estate Agent? Then this Article is definitely a necessity for you. Read on with all concentration. 1. Do a little analysis on real estate in your country You should take action in this sector, as you must perform an…

Do you want to start a real estate business and want to become a successful Real Estate Agent? Then this Article is definitely a necessity for you. Read on with all concentration.

1. Do a little analysis on real estate in your country

You should take action in this sector, as you must perform an intensive research on any company you're starting. What precisely do the big players do? Just how do the big players serve their customers? And so forth. You follow a mentor in property or can get publications. You will be fed by getting sufficient advice with the preliminary advice which you have to be successful.

2. Save up some cash

You have to have understanding the money your research will need to enable you to get started with respect to the scale where you decide to begin in the event you did it well. It's suggested you do not take a loan to start a company due to the doubts when starting a company that may appear

3. Compose your company plan

You are not yet in company should you not possess a strategy that is written. It shows you where you're getting and how you can get there and if it's feasible to go there. Let components of the company, your organization plan contain your company aims, periods of development, source and every other important matter that can get you focused in your target. In case your business plan is nicely composed, investors may be attracted by you.

4. Company enrollment is very important, particularly in this sector. In addition, there are agencies and organizations that control property businesses in Your Country.

5. that is critical for your business success. You can not also have your office and be a player in the property sector. You make sure that a good office facility is furnished and need to get it.

6. Hire professionals

It is a company even if the one with the idea for the business are you, also it's certainly not one it is possible to run alone. You're going to need the service in order that matters can go seamlessly to execute day-to-day operations. Office and field staff, surveyors, engineers, architects, electricians, marketers, as well as the reminder of these.

7. Seek investment

It's very important that you simply seek investors who can associate along with you in the event that you do not have enough.

8. You might be a programmer or an agent. You should get landed properties and begin real building, in the event you are into development. Some real estate operators resell some parts of the property to customers and let them assemble and build other parts and sell homes out. Just how do you propose to do yours? You have to determine.

9. Open a property web site

It's no longer news that lacking a web site for the company is digging the grave of this company in the beginning. Rather numerous the folks you should function will likely be checking out the web for property firms that are reliable they can work with. Hire a web site designer and search engine optimization consultant's service to have a good web site running. The search engine optimization consultant's job will be to make sure your website ranks high. Have an interactive and practical web site where prospective customers can make inquiries and see pictures of accessible choices when you start to own reasonably ones that will come up afterards or them. Additionally make sure that the website has someone and contact information can be obtained to track and react quickly to inquire.

There bought to be days of the week (and your staff) are going to be dressed in tops that are branded. Your marketers should frequently wear the branded tops for advertising functions. For those who have brand marketers vehicles, in your company's name. You also need to have other materials that are branded as memento to give to would-be customers who come in to make inquiries.

One added task you may also need to do would be to advertise. You have to blow your trumpet and denote to the real-estate marketplace that is purchasing that you're here and here to stay. Announce your entrance in the housing marketplace. As much as your budget, local / national newspapers, property journals, radio, television and use handbills can allow advertising. The main point is, do not wink in darkness. No one else will see except you in the event that you do.

7 Habits Of Highly Effective Online Property Listings

In the ultra competitive cut-throat world of online portal property listings, some listings are left to die a natural death while some flourish and sprout new business for the lister. Comparing the death lists and the vivid ones which bring in the eyeballs time after time, one tends to see a pattern emerge, and applying…

In the ultra competitive cut-throat world of online portal property listings, some listings are left to die a natural death while some flourish and sprout new business for the lister. Comparing the death lists and the vivid ones which bring in the eyeballs time after time, one tends to see a pattern emerge, and applying this little bit of knowledge might just save you from wasting your time, energy and money on cultivating a listing that is bound to fail. So today I share with my readers the SEVEN HABITS OF HIGHLY EFFECTIVE ONLINE PROPERTY LISTINGS.

1. LOCATION, LOCATION, LOCATION – Effective listings are always in a good location (Portal)

Is not it a bit of surprise that being realtors, some still do not get it? Or maybe they just fail to see it. The next sentence may about to floor you. The online world is similar to the offline world whereby web traffic or human traffic in offline terms almost guarantees listing traffic / sales most of the time . Get it now? With the proliferation of multiple property ports nowdays, its no wonder that some are confused which is better. Simple Analogy: In property terms, Is a matured estate with all amenities and transport links up a better bet than developing new town?

Of course you may add that a unit in a matured town cost much more than a unit in the suburbs. But hey! we are not talking about real property here! You may need an arm and a leg to get an actual property in a bustling part of town but you may just need to fork out a few hundred more to become a subscriber of a prominent portal. That's a big difference.

Matured property portals have gone through the tailwinds of its startup days and probably has the majority of the market share of the online portal market. It also has the awareness of the general population and the branding recognition that it brings, meaning guaranteed web traffic. You may not have to spend a dime on a brand new portal but hey, we are not talking about collecting subscriptions here! Being on ONE crowing pulling big portal is way better than being on many small portals in my opinion. If the mothership is not pulling in the traffic, what hope does your small listing on the first page of the portal have?

Habit # 1 – Being on the right page.

2. PLAY THE GAME – Realtors who play the game make their listings work for them by being visible.

There's no point in being in the game if you are not going to play. Property portals may charge what looks like an exhorbitant rate for being on the top of the page or being a featured agent. You may have to expend more credits / money in a day than the number of times you go to the bathroom but hey, that's what it's all about is not it? If you want visibility, you are going to have to pay for it and that's where portals make their money. Smart realtors know the game and they play it well. Invest more in good listings to keep them at the top and spend none on poor listings. When they do spend on unsellable listings, they make sure these listings are the ones that will bring them the branding mileage that will bring other business in.

Let me give you an example: A goodought after and highly in demand area has plenty of buyers but no sellers. A savvy agent knows that if he ever comes across an unreasonable seller who demands an amount that no sane person is likely to pay, he has to take the listing no matter what, as this listing when listed online prominently, will generate the buyers and he will have them in his bank. With a little bit of education and patience, these buyers may be able to help him transact deals in the months to come.

Habit # 2 – Being Visible

3. PRICING IT RIGHT – Advanced search means your listing may not even show up to the most sincere buyers if its priced out of the market

Sincere buyers know the market because they have been studying it for a while. Sincere and urgent buyers are short on time which means they only want to work with realistic sellers. With the sheer number of listings on the market and in their desired area, they tend to narrow down their search to only those that can meet their budget which is usually in line with the market. Buyers typically work within a certain geographic location by selecting the district or town in the advanced search and proceeding to limiting the search by dollar terms. If your price falls out of the search filters, it simple means your listing is out of the equation for them. An effective listing is a listing that is priced correctly so that it shows up on buyer's radars most of the time.

#Habit 3 – Price the listing correctly within Market Value

4. PLAYING THE EYE TRICK – Attractive Thumbnails bring in the crowds and the clicks

Your cover picture thumbnail is like a cinema movie poster you see in cinema waiting areas. Have you ever experienced a total blank figuring out which movie to watch and finally deciding to go with the poster that either has famous actors or actresses in it or an intriguing storyline along an apt poster design. Having both will surely mean your decision is made in the blink of an eye!

An unusual cover picture thumbnail is an attention grabber. Some realtors have mastered it in a not too subtle way by super-imposing blood red words over the thumbnail screaming “Fire Sale”. You could do that if your listing, to borrow a cliche, is really a sale worth waiting for. If not, it could backfire terribly on you instead, to being known as a misfiring realtor who sells everything as a fire sale even if the price is near near on fire, in short being fired by consumers who does not bother with your ads when they wise up to you.

A realtor once told me he got a spike in calls once, when he put up a picture of a pair of Chinese buns as the cover thumbnail for his listing. As silly as it sounds, you do get the idea that people are curious and visual creatures. Although that is deeply discouraged as unethical advertising, no one is stopping you from putting up actual photos of the property but done in an artistic or colorful way. Instead of taking a normal photo of the living room for instance, why not do a close up of the bright red sofa or the elegant stand lamp so that it stands out most in the picture. Can not find a visually loud part of the house to take a photo? A simple solution would be to take that normal photo and give it a bright hue in Photoshop! An increasing number of realtors have also begun to wise up to the idea of ​​a visually appealing thumbnail by taking wide angle shots or fish eye shots so that the house looks visually big and spacious even on a small thumbnail.

#Habit 4 – Seek Attention!

5. PICTURES TELL A STORY

As with the previous point we covered on taking quality pictures using different kinds of lenses, a good realtor knows that quality photos tell a different story to the buyer. Simple photography skills can be gleaned from the web and video sites like YouTube and it is not really that expensive to invest in a basic DSLR camera nowdays. As a constant real estate leader always says, “There are no bad agents, only lazy agents.” If one does not see the need to constantly improve himself, not withstanding the fact that photography will always be needed in real estate, he will remain as he is and grow obsolete.

#Habit 5 – Invest in Quality Photos of the Property

6. STANDING OUT FROM THE NOISE – Online and Offline

The portal landscape has evolved drastically since the days of normal classified style advertising. With the emphasis now on quality listings, realtors today have a variety of tools to stand out from competitors. From featuring floor plans, to uploading videos and the newest fad, 360 degree virtual tours, to their listings, realtors can create a branding for themselves by being different.

A branding like many multinational companies understand, is not built overnight but involves years of work. The rewards will come in time to come when a buyer or seller who sees you often offline, through newspapers or flyers for the past couple of years one day needs a real estate service. He ventures online to portals as now he is serious and sees a familiar face, there is no question who he will call up.

To sum up, effective online listings can be made even more effective by offline marketing.

#Habit 6 – Being Different By Creating A Brand For Yourself

7. DESCRIBE IN CHINESE – Add on further description in Chinese below your English description.

Everybody knows who are snapping up the most expensive properties all over the world – The Chinese. To put it in perspective, the number of millionaires – those with at least $ 1 million in assets – in China has risen by a multiple of more than 25 since Year 2000.

According to Reuters, Chinese investors are set to fork out $ 20 billion on offshore property in 2015, up 21 percent on 2014.

One big reason is that China's rich are seeking safer havens to park their monies with the unstable economic outlook in their home country. Singapore, with our appealing demographics such as political stability, safety and non language barrier, has always been high on their list. Your listing in Chinese may just open doors to the many Chinese buyers actively looking at overseas property investment. Chinese based here locally may also share your listing over Weibo or QQ with their counterparts overseas. It would be wise not underestimate the power of the internet Chinese community.

#Habit 7 – Always Target Chinese Buyers

Our Favorite Realtors From the Screen

If you're going to sell someone a house, you have to be a real people person. Sales people, in general, rely on charisma, but realtors have to bring a little something extra. After all, a home is for most people the biggest purchase they will make in their lives, and it's among the most personal…

If you're going to sell someone a house, you have to be a real people person. Sales people, in general, rely on charisma, but realtors have to bring a little something extra. After all, a home is for most people the biggest purchase they will make in their lives, and it's among the most personal things you'll ever buy. It makes sense that Hollywood has made great characters out of realtors. Here are our favorites.

Phil Dunphy – Modern Family

Ty Burrell plays Phil Dunphy on the hit show Modern Family, which has just been renewed for a seventh season. Phil is probably the most loveable goofball this side of Chris Pratt. He likes to think of himself as the cool dad (he knows all the words to High School Musical). Like most cool dads, he consistently embarrasses his three children, Luke, Alex, and Haley. He is the counterweight to his high-strung wife, Claire. He's also a heck of a real estate agent. He's never had a single month without a sale, and in his office, he takes the deals the other agents call 'commission: impossible.'

Jenny MacArthur – The League

Jenny's dynamic with her husband is not much different from that of Phil and Claire in Modern Family. She is the responsible and focused spouse while her husband, Kevin, is the dopey foil. Jenny is played by the beautiful Katie Aselton who digs into the role with a tomboyish tinge as the only female in the eponymous 'league,' an eight-person fantasy football league with her husband and their friends. In the early seasons, she was not actually in the league, as it was strictly for the guys. She had to operate in secret as the brains behind her husband's team. Once she got in, she proved she belonged by winning the whole thing. Unfortunately, her sales skills do not help her sell a house to Chicago Bears quarterback Jay Cutler. You win some, you lose some.

Ricky Roma – Glengarry Glen Ross

Unlike the two sitcom characters on this list, Ricky Roma, played by Al Pacino, does not provide a shred of comic relief. Glengarry Glen Ross is a movie based on a play written by David Mamet (who also penned the screenplay for the film). The film shows up on just about every 'best ensemble casts of all time' list that's ever been written, and it is not hard to see why. The staff at the Chicago real estate office, where most of the film takes place, is made up of Al Pacino, Jack Lemmon, Alan Arkin, and Ed Harris as the cutthroat salesman. The office manager is played by Kevin Spacey and, just for good measure, Alec Baldwin has a dazzling cameo as a heavy-hitter from the downtown office who comes to give the guys a pep talk. The plot centers around a sales contest; first prize is a brand new Cadillac El Dorado, while last place is an early retirement. Any of the realtors in this film could have been on this list, but Pacino's Roma takes the cake as the best salesman in the film. He closes one deal over a boozy evening that sees him tying the sale to the greater cosmic and personal truths of life while never losing focus. ABC: Always Be Closing!

Maybe the person who sells you your home will not be like these realtor. Then again, maybe they will. It's not for nothing the profession makes for great characters.

Four Tips for Successful Open Houses

When you invite the public into your home to view it, it's important to present it correctly to have the biggest impact. Potential buyers will come to open houses to see whether they are interested in pursuing the purchase of a residence. Get tips and suggestions for hosting a successful introduction of your home. Preparation…

When you invite the public into your home to view it, it's important to present it correctly to have the biggest impact. Potential buyers will come to open houses to see whether they are interested in pursuing the purchase of a residence. Get tips and suggestions for hosting a successful introduction of your home.

Preparation Is Key

Preparation is one of the most important tasks to perform before you begin holding open houses. Cleanness is crucial to make a good impression on potential buyers, and homes should also smell nice to people when they enter them. Staging a residence also involves going through each room to remove and put away clutter. Decluttering includes countertops, tables, bookshelves, mantles, and walls. Essentially, you want would-be buyers to be able to imagine themselves in the residence without looking around and seeing all of your items. It's also a good idea to put away all valuables to make sure they do not suddenly disappear after you have a steady stream of strangers wandering through your rooms. Jewelry and expensive collections should be out of sight. Put away any prescription medications, as well. If you keep weapons, lock them up to prevent access.

Optimal Timing

Choose timing carefully when scheduling open houses. Avoid times during popular sporting events or other local activities that will pull people away from house hunting. Optimally, schedule the viewing for a time that is slightly different from other open houses in the area. Making yours start an hour earlier or continue for an hour past the typical time will give buyers the ability to visit when they might not otherwise be able to drop by. Do not forget to be present and ready to show for early arrivals and for those who may straggle in at the last minute.

Let the Experts Handle It

Homeowners often want to stick around to be present during open houses. While some realtors may not deny this desire, it's usually better for owners to be elsewhere during the scheduled hours of the open house. To ensure that all information about the residence is available, the owners should write down some details such as how long they have owned the home and why they are moving. Buyers also like to know about monthly utility bills, other maintenance costs, appliance and roof age, and information about neighbors and the neighborhood.

Prepare an Information Sheet

It's useful to keep a residence in the front of people's minds after they walk through it. Prepare an information sheet with the important details you want buyers to remember. Include a comprehensive list of the home's best features, details about room and residence square footage, lot size, tax details, and information about local amenities such as schools, hospitals, stores, and public transportation.

After people visit a home for an open house, invite them to sign a guest book to collect names and phone numbers. It's possible that gathering this personal information will give you the details you need to follow up with the buyers who will sign a contract for your home.

Find a Realtor That Hustles

I would say that I hate moving but I do not. I have moved so often that it has become a way of life. We finally settled in Sacramento in 2011. We have moved twice locally since we have been here. We will most likely move one more time. We have stayed in the same…

I would say that I hate moving but I do not. I have moved so often that it has become a way of life. We finally settled in Sacramento in 2011. We have moved twice locally since we have been here. We will most likely move one more time. We have stayed in the same neighborhood and enjoy all of the perks of community and church.

I know that when we move into homes to own, we look for a particular real estate agent. We look for that special person that understands us and hustles every day on our behalf. The common response is this is not possible. You are not going to get an agent that can give you that much focus. Should I settle for a person who just works me into their schedule. Would you? I am sure that your answer is no.

That is what we look for. We need a real estate expert that has a good personality fit for us. We also need an agent that has the patience to work with us. We normally know exactly what we are looking for. The good agent will only show us what we are looking for. The other real estate agent will show us other homes that they have listed which do not fit our needs. They waste their time and ours. We have found many realtors that completely fit our needs. This is not because we are their only current client at the time. If we were, they would not make enough money to pay any bills.

They are just good, well-rounded people. Part of discovery for realtors should be finding out as much about clients and their needs as possible. For buyers, they should know more about the house you are looking for than you do. For sellers, they should have complete knowledge of local market and your home to optimize the potential buyers that are looking at your home. Literally, try to bring in buyers that are a match for your home to maximize selling days. Your real estate agent must also have high integrity and be a good personality fit for you. If they are not, I would drive on to your next one in line.

We have had agents over the years buying homes. Obviously, if we do not have a fit we move on without signing any contracts. It has been a little different on the selling side. We are not local for these contracts. We have had to relocate to another state for a new job. We try to stay on top of our person while passing on feedback. The reality is that we have to trust them to sell our home. We have been at about 33% on our pick of selling agent. When we are in another state, it is easy to say that we owe them information or have to do something to the house to improve the way it shows. We hear them all.

Hustling realtors for both buying and selling are out there. Do not settle for less. Your process should be smooth and stress-free not a daily pain. Get the right real estate agent.

Why Ongoing Training Is Crucial for a Realtor’s Success

Why ongoing training is crucial for a realtor's success Working in real estate is hard at the best of times. At the worst of times – when people are reluctant to sell and even more reluctant to buy because of an economic drop – people find that working in real estate can be excruciating. That's…

Why ongoing training is crucial for a realtor's success

Working in real estate is hard at the best of times. At the worst of times – when people are reluctant to sell and even more reluctant to buy because of an economic drop – people find that working in real estate can be excruciating. That's when your motivation drops and when you least feel like continuing, so it's all the more important to keep up with your training. This is because training helps you acquire new skills, keeps you motivated – or at least equips you to dealing with the 'blues' – and shows you how to move forward.

Here's 5 other reasons how training can help you:

a. Training keeps your skills current.

You may find it hard to practice as a self-employed agent, but keeping your skills current can open other avenues for you. You may find a broker or agency that may want to employ you. You may gain a reputation as a person who is skilled in one of the routes connected to real estates – such as sales, property legislation, marketing, people skills – and these may set you off on the path as a consultant.

Even were you to remain self-employed, training gives you an edge over your competitor who simply reads the news – because you do more. You keep up-to-date with the latest trends and practices and this will help you discover and close leads better. In short, training improves your sales and marketing skills and helps you know where to find leads and how to utilize them. It helps you win that marathon!

b. Stay motivated

Even the best of real estate agents will tell you that the industry is a slog. There are times when you'll have loads of work and times when you'll starve. The times when you starve are the hardest since it will take your all to simply keep on moving. Training can break through that impasse by feeding you glimmers of motivation. How? You're moving forward in your skills-improvement. You're feeling more confident that you can break open more leads with the information that you're acquiring. At least, you're excelling in one aspect – learning new things – and that keeps you moving on.

Studies have found that real estate agents who bolster their experience with continuous study are more apt to retain their motivation and, therefore, more apt to succeed. Motivated agents are more inclined to go the extra mile for their leads and clients, and the extra mile is always worth it.

c. Understand your Clients

Real estate training helps you empathize with your clients. It helps you understand what they want, what they're looking for, and what they need. Note: what they need may not need to be what they want. (Do you see the difference?). Real estate training also shows you how to better connect with your clients. It enhances your people skills; shows you how to communicate; how to persuade; how to deal with people who may be difficult. In short, real estate training helps you deal with any individual in almost any situation. It helps you understand your client and, therefore, this training makes you a better real estate salesperson . When you understand the other, you are more able to “click”, better able to agree, and, therefore, better able to move past difficulties and to close a deal. You feel more confident, too!

In short, understanding what works best for your client will help you meet his or her, needs faster so that you can focus more on building a relationship and creating a superior customer experience.

d. Be Productive

Real estate training helps you organize your day better. In times of so-called famine, agents tend to lie loose or comfort themselves with better days ahead. Truthfully, however, times of famine can better be used by squeezing the juice out of the lemon and by using this spare time to learn how to dynamite your business. This will help you utilize your time effectively and work more productively. It may even help you find more opportunities when you thought there were none …

e. Grow your business

Training gives you the opportunity to network with other agents. This is fantastic in that you get the chance to hear their stories and learn from their successes and failures. You can also pick up tips.

Networking gives you other opportunities, too, such as changing real estate leads, acquiring leads, learning how to connect with certain individuals, and learning who and what to avoid. You learn how to avoid potentially costly mistakes and you travel that much faster to success on a route that could, otherwise, event in your losing money or that could take you years until you master it.

Finally, networking bolsters your confidence and spirits in that you have a group of like-minded people who you can meet with to support you and to exchange tribulations with.

All of this comes from regularly improving your real estate skills with quality training. Training is important in any industry, but in real estate it can make or break your skills to succeed. Continuing learning from available resources around you can help give you the competitive edge that you need to stay relevant in your market.