Sarasota Real Estate Marketing

With Sarasota becoming a hot spot for real estate investments, realtors use various marketing strategies to attract new clientele. Apart from the local print and media, realtors take advantage of the Internet.

Research shows that homebuyers prefer viewing details and photos of properties online. Detailed information on the description of the property, photos, maps and neighborhood information help reach thousands of buyers.

Websites offer directory listings and MLS, or multiple listing services, providing realtors the opportunity to gain maximum exposure. Virtual home tours give realtors a chance to offer a preview of a property to prospective buyers. As more buyers begin their property search online, a web tour is often their preferred introduction to their next home and to the real estate professional who?ll guide them towards closing a deal. For sellers, virtual tours help separate the serious buyers from the window shoppers. Virtual tours can be a simple series of photos and text or multimedia presentations with maps, floor plans, 360-degree panoramic images and a sound track. Many providers also offer lead capture and tour promotion services.

Property-casting is a new concept in real estate marketing. Property-casting is the filming of audio and video tours of real estate properties, for distribution over the Internet or to portable devices such as mobile phones, iPods and other multimedia devices. Full-scale audio and video tours are broadcast through different mediums. Property casting is economical and can be used in all areas of the real estate industry.

Professional marketing consultants that specialize in real estate offer a variety of marketing strategies to realtors. They are trained and experienced in project management, accounting, finance, real estate property operations, and information technology.

One of the reasons for Sarasota growing faster than many other counties in the US is the innovative approach of the real estate marketers here.

Sarasota Real Estate provides detailed information on Sarasota Real Estate, Sarasota Pre-Construction Real Estate, Sarasota Real Estate Marketing, Sarasota Real Estate For Sale By Owner and more. Sarasota Real Estate is affiliated with Minnesota Commercial Real Estate.

StartingOver.

I worked hard for the past 17 years. I felt I had to. I only finished high school. Without a certificate to flaunt and yet wanting to climb the corporate ladder, I dedicated my effort and time to my work. I was proud of myself. At 40 years old I had reached a managers position.

I worked hard for the past 17 years. I felt I had to. I only finished high school. Without a certificate to flaunt and yet wanting to climb the corporate ladder, I dedicated my effort and time to my work. I was proud of myself. At 40 years old I had reached a managers position.

The day came when I was handed the letter. Why did the company fire me? Was I not good enough?

It was a massive blow to my ego. My questions only brought back anger. I was not resourceful and I could not see any positive meaning to it.

As I thought about it longer, I became more angry and annoyed. Then the emotions turn into fear.

What can I do now? Who would employ me? At this age and with a lack of education, how could I get another job?

I was becoming an unendurable person. My relationship, which was already on the rocks suffered further.

I was no longer the person I used to be. I complained and whined. I lost the confidence in myself. I could not see myself in any other way but a wimp.

I avoided friends and ignored and neglected my partner. There were no more constructive conversations between us. He was getting on well with his career and moving upwards.

And the more I saw him succeeding the more I felt bad about myself. I was ashamed of myself. I thought that I was not good enough for him anymore. Finally he has had it. He walked out of my life.

Not only have I lost my job. I also have lost someone whom I thought was the one for me. More resentment and self-pity came over me. I was angry with him. How could he leave me if he had loved me?

I was not only broke but also alone. I was so broke that I could not afford my own home.

The finance company repossessed my car. I had no material things left except my clothes in my luggage and a few books.

It has to take two crisis to make me wake up to my senses. I had to change immediately. That was the only choice I had.

Losing your self-confidence is bad. Losing your self-esteem is worse. Losing your self is a disaster. Until...

I decided to change...in my thinking.

I have to meet my basic need first, food and shelter. The company I went to offered lodging so I took the job that paid only a quarter of what I used to earn.

Alone and still broke...but this time I looked at what I had left.

Change does not come easy. Recovering your self-confidence and your self-esteem is an attitude and mindset that needs discipline.

You need to develop the disciplines that can boost your trust in yourself again.

1. Admit that you have messed up.
Whatever happened, has happened to someone else too. It is how you make out of it that matters.

You either let it go and move on or wallow in self-pity. If you had taken the second option as I did, you will realize that your life would be messier than when it started.

It is not too late. Admit your mistakes, forgive yourself and move on.

2. Write down realistic goals.
When your self-esteem plummets, it is tough to see bright, colorful pictures of yourself smiling at your achievements.

Set several realistic goals to start with. For a start, these were some of my goals...

- Put on 5kg.
Lost that. I was looking very thin and gaunt for my height. I need to lift my self-image.

- Cut smoking to 10 cigarettes a day.
I cant afford more anyway

- Read 1 hr daily.
Got to feed my mind with something positive.

- Take 20minutes walk in the park a day.
I needed some fresh air and away from the cramp abode of mine.

- Keep a journal.
I shunned friends so at least I could use this to pour out my feelings.

- Record my activities.
I must make full use of my time.

- Pray and meditate.Somehow, I know I am not alone.

I worked on them and made certain that I followed the disciplines. It felt good to strike out each activity daily.

And when the good feelings enter again, I added more goals to my list. Slowly but surely, I began to feel good about myself again.

3. Interrupt the negative self-talks and critics.

Your self-talks will not stop and mostly they are negative and criticizing. This is a challenge especially when you are trying and working hard on yourself.

Learn to listen to them. Catch them in the act. Remove, cancel, and delete. Do whatever within your power to fight back.

Its funny how you could move away from people who criticize you. At times you can even tell them to shut their mouth up and you cant even tell your voices within to leave you alone.

You need to be aware. You must listen. Then when you hear, you could either so gently tell the voices to leave you alone.

Or, if the voices are softly whispering, tell them firmly to get out. Consciously now, speak something out loud or within yourself that you are worthy.

However and whatever you say, feed your ears and your mind with encouraging words like I love myself. Isnt it better than hearing it say over and over again how hopeless you are?

4. Remember and recall successful and positive experiences.

If you really try, you will be able to remember a few of your success. I sat down in a elaxed mode and at first have to force myself to think of one experience that I was proud of.

Soon enough, I found out that I had quite a number of beautiful experiences.

- There was a time when I was given 3 promotions in a year.

- I remembered the time when I sat with my friends watching the sun setting on the horizon.

- I recalled my first experience snorkeling and seeing the beautiful and colorful fishes under the sea... in spite of my fear of water.

- The day when I first saw my niece one hour after she was born.

When you can play back these memories and experiences, you will realize that you have had great times many times over.

Why rewind and play the sad and dis-empowering movies in your mind? Will it make you feel good?

If not discard them just as easy as throwing photographs that we do not wish to look at.

This is a minds game. We can decide what to do with our mind.

Richard Bandler stated that the brain is his favorite toy. Lets make that ours too. We have them too dont we?

5. Keep a journal.
This can be therapeutic. You can write down what you think and feel.

No one is going to correct your grammar. No one is going to argue about it. This is because no one is going to see it. It is yours.

Why let those words keep voicing out in your head. Write them out. Say what you want to say.

And maybe laugh at some of them when you sit back and read them many months later.

Write down your activities too. How much time did you spend sleeping? What time did you get up?

What was the first thing you saw when you got up? Whom did you meet today and how long did you use your time for socializing?

How many push-ups did you do today?What ideas came to your mind today? What have you learned at work? What can you do to improve your income?

6. Read and listen.
When I first started out again, I did not have many friends. My weekends were quiet.There were moments when I dreaded just the thought of it.

I did not have many books to read and I did not have much money to buy them. So I spent my time at the public library.

Reading motivational and inspiration books helped me especially at those times when I was down and out.

I read and read. It has kept me inspired and my interest in other subjects has broadened.

After a while I started to listen to motivational tapes. I fed my mind. I was determined to make my life work.

7. Pray.
When you are down and out, and you think that no one is there for you, think again. As the saying goes, you are invisibly being watched over.

ABOUT THE AUTHOR
Fatimah Musa provides information, tips and quotes to help people become aware that any future growth starts with their personal growth. You can visit Fatimah at http://www.about-personal-growth.com

Mobile Home Park Investment Money Trees

Mobile home parks are the scapegoats of the commercial real estate investment world. Perhaps one of the reasons why most investors ignore this lucrative asset class, other than for obvious eye sore reasons and the negative connotation associated with mobile home parks, is because they believe it requires too much up front cash and a personal income statement well above their means. This might be true if you were trying to finance your property through a large bank, however many mobile home parks are purchased with much less than 20% down and with little financial reserves in the bank. These parks are purchased through owner carried notes.

Small to medium sized park owners are typically older gentleman that have been running or overseeing the managers of their respective parks for a long time. Many of them are tired of this responsibility and would love to have someone like them come and take the park off their hands. Furthermore, some of these same owners prefer doing business the old fashioned way (without bankers / real estate brokers breathing down their neck, charging large commissions and inundating them with paperwork). In other words, a large percentage of mobile home park owners would rather take some initial financial consideration, make a nice profit each month off the interest on their note and not worry about the day to day issues of running a park. Additionally, many do not want to deal with a several hundred thousand to million dollar tax problem if they sell the park outright. Sure they could 1031 it into something bigger; but then they?re in the same boat as before. Sorry loan officers out there but investors should ALWAYS, ALWAYS shoot for owner financing in your mobile home park purchases.

Investing in mobile home parks is an absolutely beautiful thing. Not only is it a long term land play, but you have NUMEROUS ways to make money through your park. As opposed to investing in single family homes it is actually very difficult to NOT achieve positive cash flow each month. This is due to the following reasons:

1. The parks are usually in a less than favorable part of town. Therefore the land is cheap and you will be spreading that cost over numerous mobile homes.

2. Provided you purchased the right mobile home park, there will be vacancies and their will be a few spaces for you to bring in extra mobile homes. (Yes, that?s right?.you want at least half the park to be vacant when you purchase the property as that fact will kill the sellers price and ensure that you end up buying a screaming deal.) You?re healthy, sharp and full of energy so you?ll improve the quality of the park, raise rents and maximize your rent roll. By the way this will immediately increase the value of your mobile home park through cap rate valuation. Net Operating Income (not including cost of financing) / cap rate.

Example

30 Space Park, $300 a month Rent Roll (50% Vacant) = $54,000 yearly rent

$54,000 ? 16,200 (30% of rent goes towards Operating Expenses) = $38,000

$38,000 (N.O.I.) / 9.0 % (cap rate) = $422,222 (Your Purchase Price)

Your up side:

30 Space Park, 100% Occupancy, $320 a month rent roll = $115,200 yearly rent

$115,200 - $34,560 (30% park operating expenses) = $80,640

$80,640 (N.O.I.) / 9.0% (cap rate) = $896,000 ....I would sell at this point :)

3. If cash flow is low you can add additional revenue by putting in a coin operated laundry mats, adding vending machines, arcade games, day care services, etc.

4. Lastly, you should have purchased a park that came with owner rights on the mobile homes themselves. This will enable you to be extremely creative with how you fill your park with people. Far and away the best tactic is to Lease option your mobile homes instead of renting them. Home ownership is the American dream so when you advertise ?Own your own home, $3000 down, low monthly payments ? Bad credit OK, call Boca Vista Mobile Home Park? Your phone will ring off the hook, trust me. From there you take their down payment and have them sign your lease option paperwork that details the term of their loan with you. So why sell them one of your mobile homes?.isn?t that an asset to the park you ask? Yes, but:

A. Now you have someone in your park that has pride of ownership and will most likely take better care of the mobile home than most people would.

B. Because they technically own the rights to the mobile home, you are not responsible for costly maintenance.

C. Due to the interest on his loan, this person will pay you more each month than anyone renting a mobile home in the area.

D. If he/she gets promoted or saves up enough cash to pay the remaining balance (this almost NEVER happens by the way) then you make a substantial amount of money because due to serious demand issues, you can sell these homes for much more than they are worth.

E. Most of the time, the person will be late on a payment or two and will flee during the middle of the night. In that case, the property is 100% yours again, you?ve pocketed the $2000 option payment and you start the process over again.

Corey Donaldson is a professional mobile home real estate investor, owning numerous multi million dollar parks across the nation. He began investing in mobile home parks after purchasing a mobile home investment guide from Steve Case, who has since gone into business with Corey.

Top Ten Ideas for Back to School

This time of year can take some major adjusting for you and your kid. Life goes from the peaceful, relaxing, and bummin' around (yeh, right) of summer to the hectic start of a new school year. I've compiled a list of the top ten ideas to help everyone deal with the changes in the schedules and to lessen the stress of the season. Just for grins, I've done this Dave Letterman style.

Number 10...Teachers - make an appointment within the first two weeks of school to get to know your kid's teacher(s)...this is especially important if you are not fortunate enough to be either the custodial parent or have shared parenting...it could make all the difference in the world. Tidbit of advice: when you do talk to the teacher(s), don't tell them all of the problems you have with your ex - they are smart enough to figure that out for themselves; do tell them you need to have a copy of everything that gets sent to your ex from the school and you would like weekly updates of classroom things. Also, take along enough self-addressed, stamped envelopes to leave with them so that they can send you something every week.

Number 9...Support system - when you need to be in two places at the same time, this is indispensable. Hopefully, you will find someone who is a parent of another kid in the same class. That way you can get info on school assignments and other activities. Make sure your kid knows who these people are. If someone else will be picking them up from school or an event, they will know the 'secret word' that you and your kid have come up with. When my son was young, it was 'leprechaun'. We never needed to use it, but it was ready just in case and we both felt safer because of it.

Number 8...Debrief - whether you pick up the kid from school or daycare or meet them at the house, you need to know what went on all day. You can do this when you first see them after school or during dinner. Try to gauge their moods, celebrate their small (or big) victories, discuss upcoming events and activities, listen for those difficult times they have had during the day. Also, make it a routine to check on assignments, etc. that they have hopefully given to you to see.

Number 7...Activities - Try to plan at least one day a week without any activities. We all need down time. I limit my kid's activities to two days a week which leaves time for school assignments, hanging out with friends, and just being a kid. This is difficult at times because some sports teams want to practice four nights a week and have games every weekend. While that may be fine once a kid is in junior high, I believe it has the possibility to limit a kid's overall growth when they are still in elementary school.

Number 6...Friends - Each school year can bring changes in friendships because there are different kids in classes, kids transfer in and out of schools, etc. Time has to be made for friends, whether it is play dates for younger kids, phone calls or movies when they are older.

Number 5...Play - All families are busier than we would like these days, but it is important that kids have a way to unwind after school. Your kid may enjoy playing video games, playing with neighborhood kids, working on hobbies, or have other ideas of play. Giving them 30 minutes every evening to play can make getting their homework and other responsibilities done much easier.

Number 4...Study - Having a time and place to do homework or other studies promotes discipline and an enjoyment of learning. Even if your kid doesn't have a school assignment every day, you can give them small projects to work on. Maybe it would be researching about hurricanes, helping with dinner (math skills), or having them pick a topic they want to know more about and working on that. You need to be available for them when they have questions or need help, so don't go too far. Also, be sure to look over their assignments - it will keep you informed on what they doing and you will be able to give them some constructive feedback.

Number 3...Read - Yep, the old standby, reading. There isn't a skill that is used more over a lifetime and it's important to instill good habits. So, let your kid see you reading every day and try to set aside at least 15 minutes for them to read every day. You could encourage them to carry a book in their backpack, to read in the car or on the bus, or even to read a book on CD or tape while they are doing other things.

Number 2...Hanging out - Don't over schedule your kid's week or yours. Maybe you want to order a pizza one night a week and watch a movie or maybe you could just leave time for doing nothing and then see what your kid does with it. You can learn a lot about your kid this way. They just may surprise you in what they come up with.

The Number 1 idea is to get ready...refer to 'Morning Chaos' - another article in this section. If you use the tips in it, you will be prepared for almost anything and getting ready will be a whole lot easier.

Life changes are difficult. Even though the transition from summer vacation to the school year comes every year, it doesn't make it any easier.

*****Readers of this article may copy it without the copyright owner's permission, if the author and publisher are acknowledged in the copy and the copy is used for education, not-for-profit purposes.
About the Author

~ ? Cathy Vaughan-Yanda, Sati, mykidstoo.com, 2005
~ the single mother of a totally awesome son, currently lives in Ohio. She is the owner of a small company, a writer, an illustrator, a reviewer of books, and has worked with people infected and affected with HIV/AIDS for more than fifteen years.

FIFA

AUTHOR NAME: Ameet Arurkar



The F?d?ration Internationale de Football Association, also known as FIFA, is the worlwide association of (football)soccer. It is one of the largest sports groups on Earth. The current headquarters for the association is based in Z?rich, Switzerland. As the popularity of soccer continued to increase during the 20th century, it became apparent that a governing body for the sport needed to be formed. Though the Football Association had proposed an international organization many times, they were unsuccessful.



FIFA was formed when seven European countries decided to work together to form the association. The organization was founded on May 21, 1904 in Paris. The first worldwide competition was held in 1906, and it was met with little success. The founding president Robert Gu?rin chose to resign, and was replaced by Daniel Burley Woolfall. The next competition was held at the 1908 Olympics in London, and was much more successful. Within the next year, membership in the organization extended beyond Europe, and included the United States, South Africa, and Argentina.



The rising prominence of FIFA was slowed at the start of World War 1. Many players were sent to war, and international travel was heavily restricted. After World War 1 ended, the popularity continued to increase, and the first World Cup was held in 1930. This tournament was highly successful, and plans were made for more games. The World Cup has become one of the most important tournaments for soccer, and is the equivalent of the Super Bowl. The FIFA 2006 World Cup will be held in Germany.



FIFA has become a world renown organization The revenues brought in by the association between 2003 and 2006 are in the hundreds of millions of dollars. The success of the organization has also extended into the video game market, with the release of FIFA 2006 by Electronic Arts. This game is planned to be released in October. The FIFA series of games are widely popular among those who enjoy soccer, and a number of titles have been published over the last ten years. There are also a number of websites about FIFA, which includes fifasite.com.



There are a number of awards which have come to be associated with the organization. The FIFA World Player of the Year award is the highest honor to be given to a player. This award is a part of the annual ceremony. A Match of the Century was held in 2004 between Brazil and France. A list has been compiled by the organizaiton which is called the FIFA 100, and is a list of the greatest soccer players who have ever lived. Today FIFA is split into six global confederations.



The laws which govern soccer are not made by FIFA, but are instead given by an organization called the International Football Association Board. Fifty percent of the board members are also members of FIFA. A large percentage of the board is also from the United Kingdom, and this is because of the contributions made to the sport by Britain. Though the association had humble beginnings, it has today grown into a respectable organization which has a global appeal.

Using the Market Conditions to help in the Fresh Start Presentation

The real estate market like any other asset class is in a constant state of motion. Property values are either going up, down or are stabilized at all times. We know this just by reading the newspapers, watching television and listening to neighbor?s gossip about their asset (the home). Not very scientific way of figuring out a market, but probably as good as if not better than most because it gets to the emotion of the homeowner in trouble. If the homeowner believes it is a sellers market he/she will absolutely try to sell or refinance before listening to you. If it is a buyers market then you are a welcomed guest if you can put money in their pocket for this dog of an asset they purchased long ago. If it is a stagnant or equal market well then the homeowner will be unsure of the value because the newspapers will be onto another subject. There are three types of markets in real estate. They are 1) the Sellers Market; 2) Buyers market; 3) a stagnant market where prices remain constant.

The definition of the Sellers Market, Buyers Market and Market in equilibrium is a look back model that uses two figures to determine a label for which market you are in. They are market time and inventory.

Market Time Defined

Market time is defined by the amount of days that a property in the location stays on the market. For example in a Sellers Market average sales time will be under sixty (60) days. Equal Market average sales time will be under one hundred (100) days. For a Buyers market average sale time will be over 100 days.

Inventory defined

Inventory is simply the amount of houses on the market divided by the average amount of sales typical for that area per month. Sellers Market would be less than three (3) months inventory on hand in a given area. Equal Market would be between three months and six months of inventory on hand. Buyers Market would be having inventory over six months on hand.

SELLERS MARKET FSP

A sellers market is a market where a property will sell within sixty days of being introduced to the market. This market also has a low inventory of properties on the market. This would be defined as anything less than three months inventory in your specific area. Another indication of a sellers market is that the price of the product begins to appreciate until it finally is out of the reach of the buyers causing the market to cool down.

This market can be prolonged by certain financial products such as the interest only loan, negative amortization type of loan, graduate payment loan and of course the variable rate loan. All of which we have seen in both Philadelphia and Massachusetts.

Based upon all of the factors going against the back up plan we offer it is a hard position to find the deals that we need during this type of market and as purchasers we are forced to purchase at auction as well as going to the properties and trying to purchase pre-foreclosure.

Locator in Hot Sellers Market

The locator in a hot market has a hard presentation. Every homeowner feels that they can get market price and that is more than we can pay. This happens because local neighborhood gossip, newspapers in the area saying how much property has risen year over year or month over month. Homeowners are saturated with information about how valuable their real estate is worth.

Next the homeowner is targeted with lending offers to refinance because the value of the home has skyrocketed- use your homes as an ATM machine to pull out some equity and live for a few more years.

Both the low market time and low inventory time cause our business of purchasing properties to be very frustrating. The homeowners are aware that they can sell a home relatively fast even quicker than an auction can be had.

It Makes for a hard market to purchase properties prior to the auction. It is what we call our recession. It allows a homeowner to choose from a group of choices. Essentially we are a back up plan or safety net. In this type of market we need to price correctly and purchase at the last minute from homeowners who have tried everything else.

Buyers Market FSP

A buyers market is defined by sales of properties taking takes over 100 days to sell. The Inventory in this market will stack up to well over six months worth of sales. The homeowner in this situation has only a few options. Financing companies say that they can refinance but usually can not due to the falling value of the appraisal on the home. Remember the newspapers are littered with information regarding the fall of the real estate market. It is the fear of the day for most local newspapers.

Here are a few local articles

?Sellers Frustrated With Real Estate Market
Home Sales Down In Bay State
POSTED: 6:05 pm EDT August 15, 2006
UPDATED: 7:37 pm EDT August 15, 2006

WALPOLE, Mass. -- Quarterly home sales are down in a widespread area of Massachusetts, but prices are only down slightly.

Copyright 2006 by TheBostonChannel.com?

?Market unease: Home prices fall 3.5%
Weakening demand leads to largest decline in Mass. in 13 years
By Kimberly Blanton, Globe Staff August 24, 2006
Home prices in Massachusetts fell 3.5 percent in July, the largest decline in 13 years, as the slowdown in the real estate market finally led sellers to cut their prices.?

?July home sales plunge 27%

The Lowell Sun

Massachusetts single-family home sales plunged almost 27 percent in July, the largest year-over-year monthly drop in more than 11 years, according to a report released today by The Warren Group of Boston. ?

?Buyer?s market: Housing sales dip, prices may follow
By Ben Aaronson/ Staff Writer
Thursday, August 24, 2006 - Updated: 09:08 AM EST

You can?t drive through town without seeing a For Sale or Open House sign and they represent a statewide trend.

According to a recent report by the Massachusetts Association of Realtors, home sales statewide fell nearly 11 percent in the second quarter (April to June), marking the fifth consecutive quarter that activity has declined from the same period the pervious year. Housing inventories are at an all-time high and homes are staying on the market longer, the report found. ?

Locator in Buyers Market

The locator in a buyer market has a much easier presentation. Every homeowner has undergone the conditioning of the newspapers, local gossip etc. that the sky is falling rapidly and that their investment is no longer worth what it was one year ago.

This advertisement of the fall of real estate prices and the end of the price appreciation stops the appraisers? from appraising the properties correctly. Instead of using the standard comparable. The appraiser checks a box and states that property pricing are declining and begins to cover himself/herself with lower and lower values for the property. This causes the banks to tighten up on underwriting guidelines making it harder to refinance their way out of the foreclosure.

Without the refinance the homeowner either has to do one of the following:

1) Restructure the mortgage causing higher payments. Problem with a restructure is that it costs more monthly for a short period of time. Usually very hard for the homeowner to come up with the money.

2) Sell on the open market. Problem is that market time has risen to the point where the foreclosure process is faster than the tie they have to sell the property.

3) File for bankruptcy. This normally costs $2,500 for the lawyer, filing fees and 10% of the plan debt to the trustee. It also has a 75% failure rate.

Consequently our FSP becomes a very viable option for the homeowner.

We are in this market now so find your local newspaper articles and put them in your book to show the homeowners what is happening out there. Make your presentation and then close the deal.

The locators biggest problem during this time is the manager (Investor) has more trouble pricing the properties because of the downward spiral of the market.

Market In Equilibrium:

An even market is when a property is sold within 61-100 days of listing. Inventory is usually six months or less. This is the market that is the easiest to procure deals. It allows the investor to feel warm and fuzzy knowing almost to the penny that the property he/she is purchasing is worth what they think that it is worth.

The Newspapers simply go on to another story and leave the real estate market alone or have articles stating that the market is stable.

Locator in Equilibrium

The locator in a stable market has the best of all worlds. Prices are staying steady keeping the manager happy and all is quiet regarding real estate in the newspapers.

Again it is an easy presentation. The homeowner has seen his equity disappear and no longer knows what the value of the real estate is and just wants to get out from the obligation.

The homeowner is left with one of the three options of a down market:

1) Restructure the mortgage causing higher payments. Problem with a restructure is that it costs more monthly for a short period of time. Usually very hard for the homeowner to come up with the money.

2) Sell on the open market. Problem is that market time has risen to the point where the foreclosure process is faster than the tie they have to sell the property.

3) File for bankruptcy. This normally costs $2,500 for the lawyer, filing fees and 10% of the plan debt to the trustee. It also has a 75% failure rate.

Consequently our FSP becomes a very viable option for the homeowner.

So what does this all have to do with the Fresh Start Presentation (FSP)? Remember the Fresh Start Presentation is the Homeowner Options slide show that you have. It goes through the advantages and disadvantages of the seven (7) options available to the financially distressed homeowner.

They are as follows:
1)Sell on the Open Market
2)Refinance the home
3)Restructure the mortgage
4)File bankruptcy
5)Borrow from friends and family
6)Let it go to foreclosure
7)Sell to an investor

Well each type of market has different advantages and disadvantages to the locator.

Use the newspapers to translate into a selling benefit during your FSP. We need to educate the homeowner that we are in a period where houses do not sell for last years prices but that they are actually going down in price each and every day. Time as usual is the enemy of a homeowner in this situation.

A good locator that wants to maximize his sales would do the following:

1)Read the local newspaper where your route is and cut out the articles that will help get the homeowner off the price they thought it was worth. Copy the article and give it to the homeowner when talking about the price.
2)While he/she is reading the article tell the homeowner that the property may be worth 3,4,5,6,7% less by the time they actually move out, the property is repainted and put on the market by the company.
3) This risk is for our company to worry about unless the homeowner decides to try to sell it on his own.

Good Hunting
http://frontgateconsulting.com/

http://frontgateconsulting.com/

Real Estate Broker Courses

In the same way that real estate agents and real estate appraisers have to get a license to be able to practice their profession, real estate brokers also need to get accredited by the government through a license that brokers need to get by taking classes and taking a state exam. Doing so will enable the brokers to own their own real estate or property management office, specialize in commercial, investment or industrial real estate, or become a franchisee for a national or international brokerage firm. Apart from the traditional sources of classes to be able to get a real estate broker license, the Internet provides an alternative source of online courses that can help brokers get their license.

Courses offered

Most of the online courses offer services that are tailor-fit to the requirements of the state in which the broker wishes to locate. The usual areas of study offered to brokers include topics on Property Ownership, Contracts, Agency, Real Estate Contracts, Titles, Leases, Taxes, Appraisal Construction, Escrow Real Estate Law, Real Estate Math, and other required topics that different states may require. In some cases states even require the specific subjects that brokers should take for them to be able to qualify to take the state exam. For example, in the State of California, the required subjects that brokers should take include Real Estate Practice, Legal Aspects of Real Estate, Real Estate Finance, Real Estate Appraisal, and Real Estate Economics or General Accounting. Apart from these, brokers are also made to choose three elective courses from a list which include Real Estate Principles, Business Law, Property Management, Escrows, Real Estate Office Administration, Mortgage Loan Brokering and Lending, Advanced Legal Aspects of Real Estate, Advanced Real Estate Finance, and Advanced Real Estate Appraisal.

Renewal of license

Real estate brokers are also required to renew their licenses. Online schools also offer help in this process by helping the brokers upgrade their skill by offering review classes to their students. Being a real estate broker requires a deep level of study and technical skill on the part of the broker, which he can conveniently access by enrolling in online courses on the Internet.

Real Estate Courses provides detailed information on Online Real Estate Courses, Real Estate Agent Courses, Real Estate Appraisal Courses, Real Estate Broker Courses and more. Real Estate Courses is affiliated with Phoenix Real Estate Schools.