Selling Property

Alphabet Letters after a person's name seem to bestow some kind of special prestige. PHD, MD, ESQ are common... but just look at what is available to real estate sales people... ABR, ABRM, ALC, CCIM, CIPS, CPM, ARM, AMO, CRB, CRS, CRE, GAA, GRI, RCE, RAA, SIOR, AHWD ePRO, CAM, CBR, C-CREC, CLHMS, CREA, CRIA, QSC and SRES designations. Can anyone, anywhere explain just exactly what those 26 acronyms mean and what the qualifications are to earn the use each of them? And if you can ... WHY? Some ...
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Real Estate Investors - Red Alert How's the real estate marketing doing? Is the huge jump in home prices that is evident in some areas symptoms of a value bubble? Good questions, yes? Two things to keep in mind when surveying the market: 1. All real estate is local, 2. Real estate is cyclical. Here in Arizona some residential areas have seen as much as a 30% jump in value in the last 8 to 12 months. The word about increasing Arizona home values has spread across the country. We recently sold a ...
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If you're selling your home, there are going to be difficulties at some point in the transaction. Some problems can't be fixed. It's important to figure out whether yours are fixable or not. Then you can either fix them or move on and find another buyer. If it's priced appropriately, there's a buyer out there for virtually every property. Title Problems You get a call from the person searching the title to your property saying your first cousin once removed is shown as having a ten percent ...
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You may be of the opinion that you don't need a real estate agent and that using one will add to the cost of buying your new home. The fact is that a real estate agent's fees are typically paid by the seller of the home. So, as a buyer, you can get the services of a professional real estate agent without having to directly pay for it. Please confirm this in any paperwork or contracts that a real estate agent may provide because policies vary greatly by state and company. Be sure to ask about ...
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Making money through real estate investing can be a fickle business. Here's a surprising trend that can put money into your pocket. Traditionally those of us who own rental property looked upon condos as competition. They offered a relatively low cost way for renters to move into home ownership. This demand for condos has fooled many of us. With low rates of interest on home loans and plenty of money available... the logical expectation would be that instead of buying condos, buyers would move ...
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So, you're selling your home (house, townhouse, condo, apartment, land, lot, farm, ranch, etc.), what can go wrong? The sad fact is that a lot of things can go wrong. However, don't despair, there are almost as many solutions as problems. In this article, we look at problems related to pricing and a buyer's inability to get a loan. Price Negotiation A problem that shows up all too frequently during contract negotiations is that the seller has left no room to negotiate the price. If the seller ...
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How do you decide whether to sell your home (or land, farm, ranch, etc.) on your own or use a real estate broker? There are pluses and minuses to each approach. Let's look at some of the key ups and downs. Only you can decide which approach has the most pluses in your situation. Why go FSBO? "FSBO" stands for "for sale by owner" and tells buyers you are not using a realtor to represent you. The biggest upside to going FSBO is you save thousands of dollars in broker commissions when you sell ...
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Investment Property, It's all about Income and Cap Rates By Barrett Niehus http://www.freetrainer.com When looking to buy a piece of property, one must determine exactly what your expectations are for that bit of real estate. What mix of rent and real property appreciation do you expect with this investment.? More importantly, what is the right price to pay for this investment? This last question is certainly the most important because it will determine the difference between a good investment ...
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I might upset some folks with this one, but that's okay as I think it's important to get some of my experiences into the light of day. If you fully believe the hype that you won't have any landlording responsibilities by selling on a lease option, go ahead and stop here. Or perhaps you should read on as this article is specifically written for you. Let's review one of the common misconceptions that is thrown around by folks touting the wonders of selling properties on a lease option: You won't ...
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