Archive for December, 2009

Has anyone tried interviewing a group of realtors?

Saturday, December 26th, 2009

Considering having a bunch of realtors come to my house and individually pitch their plan to sell my house in the current market. Marketing strategy, reduction in commission, etc. My house has been on the market for over a year and has not sold (Atlanta area). Great house, low price, but cannot compete against new homes that builders are dumping for bargain prices. Other methods for getting the best deal with realtors?

Realtors don’t sell anything.
90% of houses are sold, after somebody searched for one on the internet.
Your house will sell for todays right price, which is 30% lower then 2 years ago. That’s for a 400,000 house from 2 years ago today 280,000.

A recent survey says that the realty estate will revive in the next few months?

Saturday, December 26th, 2009

A recent survey by ASSOCHAM had 90% of its respondents believe that the realty estate will revive within the next three months. What is your take on it?

Optimistic. i work in the field; I’m thinking Spring 10

When is the next auction of Foreclosed realestate in Oahu? How did you get in?

Saturday, December 26th, 2009

I heard about a good auction at 777 Punchbowl. Do you know a useful website for current information about that? How did you get in?

For Sheriff’s Sales, foreclosures, tax sales and judicial sales as well as any other sales a county or state may have, you’re going to discover every county in every state/province/territory operates and does things a little differently than the one next to it – even when its in the same state or province.

It requires LOTS of time and diligence.

This is what I learned:

The best suggestions I can offer:

For the work which NEEDS to be done BEFORE the sale, there really isn’t any website.

1] Go to your county court house to the Sheriff’s Office. You might even be able to get the info you need on-line BUT there may be a charge for the on-line access.

2A] It doesn’t make any difference whether you live in a large city or a village/borough, make the investment of time to go to the County Court House or City Hall. Visit the Recorder of Deeds Office/County Clerk’s Office or whatever the office is referred. The names are different, but the Office’s function is the same: to record ALL REAL property documents.

The ladies and gentlemen in the City Hall or Court House are there to help the folks who come there to do business and take care of various matters about that city or county.

3A] Ask for the rules for Sheriff’s sales and foreclosures. AND ask for the information you need to participate and bid on property. Ask for a list or if they are hanging on the wall, grab one or two.

3B] JUST for practice you’ll need a specific, actual address – even if its your own, a friend or relative living in that same county or city. The property owner’s name would be very helpful. Ask an employee in that office how to research a property. Write down and/or remember each of the steps you are shown.

3C] After being shown what to do and how to do it, research the one or two properties you have at the Recorder of Deeds Office/County Clerk’s Office.

If you get stuck, ask for help.

4] If you are able to do the research, attend AT LEAST 3 of those Sheriff’s Sales. You aren’t going to bid on any property. You aren’t going to buy any property. You are there STRICTLY as an observer. You want to see how the process works.

5] At the sheriff’s sales and foreclosures, you’ll probably see the same faces at sale after sale.

Offer to take one of those folks to lunch or dinner and discuss your intentions.

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

question about investing in a real estate company>?

Saturday, December 26th, 2009

just wondering, i know there is alot of people who wish they could invest in real estate as it is a great investment market. I wish wondering if you would invest in a company that invests in real estate for you?
So like lets say the company has all these listings of different real estate projects they are going to buy and you can pick from one. So maybe there is 100 acres they are going to buy at 100,000 dollars. you would be able to invest 1000 dollars in this property threw this company, so realisticly you would on 1 percent of the propety threw the company. then maybe in a year the company would sell the property and get 200,000 for it. you would then get back 2000 dollars. 1000 for the investment and 1000 dollars profit.
would this be something you would do to invest in real estate or you think others would do? of course it would be a legal corporation not like some side business.
I am just wondering as myself would love to invest in realestate but dont have the money.
Thanks!

They’re called REIT’s.

Theyr’e like mutual funds for real estate.

Often times, minimum investment is $1,000.

Is this a scam,it was in my in box today?

Saturday, December 26th, 2009

I have received 2 of these ,the company does exist but there is something not quite right
Dear Job Seeker!

Based on the results of your CV, we came to the conclusion that you reasonably satisfy the demands of our company, and we are ready to offer you the job position of the Regional Agent in company Six-Sigma-Realty.

⌠Six-Sigma-Realty■ is interested in engaging energetic, self-motivated, goal-oriented employees, possibly without work experience in this sphere, but ready to pursue new objectives, develop and earn well off.

Job description of the regional agent:
∙ Search of information on real estate sale in the employee▓s region of residence,
∙ Presentation of lots available in the company database,
∙ Closing transactions,
∙ Advance payments by the company clients.

What we propose:

Seminars and training for professional development
Flexible working hours
Possibility of rapid career advancement
Monthly salary at the initial stage – EUR 1500.
Bonuses and premiums for work results.

If our offer is of interest for you, please send your confirmation to here or to lisa_barnett@ymail.com with next data:

Full name:
Address:
Phone number:

and we shall send you all documents that are necessary for signing.

Best regards, HR Department, Lisa Barnett
I did send a CV to a property company here in Spain months ago ,but it wasnt them

Its a scam! As someone else has said, the use of a YMail account gives it away.

As they know there are so many job seekers out there at present, then much like those people who send you discount vouchers off of little blue pills, magical/instant weight loss solutions, would love to meet you and get to know you better, or need £6M moved out of East Africa; these eMails are simply trawling for interest/bait.

The scammers are quite happy with a half percent or less response rate, but once they have you the answer will be either:
(a) that you need to attend a pre-training seminar, which is either free or at a cost of X
(b) that you just don’t make their criteria, but could be trained on a freelance basis at cost of Y

They are evn quite open (as they have to be to get inside the law) by inserting the line: "Seminars and training for professional development" which translates as you pay us to train you, then work self employed.

This type of problem is appearing regularly on job boards at present, where legitimate MLM business skim for new sign-ups with the offer of riches via "seminars and training."

If you want to check a company out, then the signs to watch out for are no telephone numbers, non-company email addresses, and offers which have seminars and training listed high in their criteria.

If a real company or recruiter was interested in you, then 9/10 they would pick up the phone. A push email with few contacts details should read scam every time.

All of the European Police forces now have an online crime unit – the UK’s is located with the Met Police. I suggest you find the one local to you, and follow their reporting procedure: these idiots need to be stopped.

Good Luck!

Realestate agents? Are you the one who is supposed to find the lender or is the buyer?

Saturday, December 26th, 2009

I live in NC. Im not sure if that matters. Anyways, my friend is looking for a house and he has gone with someone who has just finished up their realestate classes and recieved their license. The realator calls my friend and tells him "Hey I got a number of a guy YOU need to call and talk to…I think he will give you a good rate." He has yet to help him even FIND a mortgage company. I dont think my friend knows where to start. he assumed and so did I that the agent was supposed to help with that. Am I wrong or should the agent be taking the personal information to find him a lendor or at least giving him a list or lenders to contact?
Thanks for all your kind answers!

First of all, I think I would rather work with someone more experienced, as buyers need considerably more expertise than a newbie can provide.
As for mortgage and closing that is up to the buyer. As part of my services, I generally give me clients some names and let them choose. They should talk with at least three lenders to see what different programs are available and of course rates. While I can make arrangement for closing, I always ask if they prefer one place over another. Most folks don’t know title companies like they do lenders.

Nowadays, some Realtors (depending on the client relationship) do not want to know the borrowers financial information. For example, if the borrower is purchasing a property the agent has listed (dual agency), then it’s best if the borrower keeps his financial information confidential. Since I am not a mortgage professional, I leave most of the qualifying up to the lender. I am happy to accompany the client to each lender, but it’s not necessary. If I’ve worked the area for awhile, I know most lenders. And in some places, each real estate company has their own loan divisions and/or title companies. Again, the buyer can select whom they want to work with.

If I can help further, just email me. Hugs from Minnesota!

Big Island Real Estate Agent Showcases Leilani Estates Kupono Street Hawaii Realtor Pahoa

Thursday, December 24th, 2009

See and enjoy a new Real Estate listing on the Big Island of Hawaii. It is on Kupono street in Leilani Subdivision in Pahoa.

Duration : 0:10:31

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Prudential Gary Greene and the Lone Realtor, Part 2, The Build Out Begins

Thursday, December 24th, 2009

A tender story about how The Lone Realtor saves a discouraged, empty and lonely lease space that was in need of new name and who wanted a tenant to come and build out its empty lease space. In Part 2, the build out of the lease space begins.

Duration : 0:4:45

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philippine realty tv pilot episode 1 1/2

Thursday, December 24th, 2009

Philippine Realty TV is a Real Estate Lifestyle TV show that will showcase the best real estate developments in the Philippines for the local and international market. Hosted by the dynamic tandem of Gabe Mercado and Angel Jacob, the weekly 30-minute show on ANC (ABS-CBN News Channel) and ANC International on TFC (The Filipino Channel) will give viewers a first-hand look at the latest investment opportunities in the housing market – from condos and subdivisions to out-of-town leisure communities. It is the best in real estate – now on TV!

Duration : 0:10:0

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Columbus: ESA’s real estate’ in space

Thursday, December 24th, 2009

In February 2008, the Columbus module was launched on the Space Shuttle Atlantis, creating space history when it was attached to the International Space Station as the first European laboratory dedicated to long-term research in microgravity.

Duration : 0:5:58

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