Friday, August 28, 2009

Are You Following Your Own Advice?

By Saul Klein

There is no question that more REALTORS® should be investing in real estate. Few do and it is too bad because owning real estate is the key to financial freedom and REALTORS® are in the best position to make wise real estate investments.

Besides that, it is your product. You believe in it and that is one of the reasons you help others buy it...you will be even more excited about real estate if you own a few good pieces of investment property. If you can't do it on your own, do it with a friend or family member, but do it. Read the rest of this article.

“Some people dream of success while others wake up and work hard at it.” --Unknown

Wednesday, August 26, 2009

How to Attract Buyers Even if You Don't Have a Listing

By Craig Proctor

An agent approached me the other day with a problem. He wanted to work with buyers who were looking for homes in a highly desirable area of his marketplace. Most of us have such an area where the homes are worth more, and thus the commission earned is higher. In my marketplace, the areas are called Glenway, Stonehaven and College Manor. In this particular agent's marketplace, the high demand area was called Ruby Hills. Read the rest of this article.

Monday, August 24, 2009

Which listing agreement do I use?

I have a seller who wants to sell an unimproved residential lot. What listing agreement should I use?

The choice of listing agreement depends upon the likely buyer’s intended use. Since a buyer will probably use the lot for residential purposes (e.g., to build a home), the residential listing agreement (TAR form 1101) would appear to be the best choice. The listing broker could delete those matters that would apply to improvements or add a statement indicating that the property is an unimproved lot in the Special Provisions paragraph. Either of these alternatives would tend to eliminate confusion by the seller.

It should be noted that these same considerations would apply to the choice of a listing agreement if the likely intended use of a buyer of an unimproved property would be for commercial or farm and ranch purposes.