Real Estate Business: Most Popular Articles
These articles are the most popular over the last month.
A Real Estate Web Site Powered by Wordpress...
Can you have a full-featured real estate web site powered by Wordpress? You bet you can. And some of the great features you pick up from the thousands of Wordpress plugins and widgets can make your site an informative and lead generating powerhouse.
Can you have a full-featured real estate web site powered by Wordpress? You bet you can. And some of the great features you pick up from the thousands of Wordpress plugins and widgets can make your site an informative and lead generating powerhouse.
How To Calculate Capitalization Rate for Real...
To calculate capitaliztion rate (cap rate) for an income property that sold recently, you would divide the net operating income by the sold price to determine the capitalization rate. This percentage number could then be used to determine the value of another property if you know it's net income.
To calculate capitaliztion rate (cap rate) for an income property that sold recently, you would divide the net operating income by the sold price to determine the capitalization rate. This percentage number could then be used to determine the value of another property if you know it's net income.
How To Calculate and Use the Gross Rent...
Gross Rent Multiplier or GRM is a tool used to assess the approximate value of a rental property by comparing its rental income with other like properties.
Gross Rent Multiplier or GRM is a tool used to assess the approximate value of a rental property by comparing its rental income with other like properties.
How To Calculate Net Operating Income NOI for a...
Net operating income or NOI is the monetary result of subtracting operating expenses from Gross Operating Income. Gross operating income is that income after deductions for vacancy and credit loss for a rental real estate investment property.
Net operating income or NOI is the monetary result of subtracting operating expenses from Gross Operating Income. Gross operating income is that income after deductions for vacancy and credit loss for a rental real estate investment property.
Top 10 Real Estate Financial Calculator...
A spreadsheet real estate financial calculator solution. Set up to quickly calculate gross potential income, gross operating income, gross rent multiplier, net operating income, cash flow before taxes, cash flow after taxes, break-even ratio and return on equity.
A spreadsheet real estate financial calculator solution. Set up to quickly calculate gross potential income, gross operating income, gross rent multiplier, net operating income, cash flow before taxes, cash flow after taxes, break-even ratio and return on equity.
Commercial Lease Calculations Tools
Commercial Lease Calculations - Tools for Commercial Lease Calculations About>Business & Finance>Real Estate Business Essentials Investor Valuation Tools Real Estate Success Classes Annual Budgeting Plans A Day in the Life of a Listing Agent Outlook for Your Business
Commercial Lease Calculations - Tools for Commercial Lease Calculations About>Business & Finance>Real Estate Business Essentials Investor Valuation Tools Real Estate Success Classes Annual Budgeting Plans A Day in the Life of a Listing Agent Outlook for Your Business
An Example Rental Property Cash Flow Calculation
Many a wealthy person got that way with real estate. A smart buy on a rental property and good management can provide cash flow for other uses or investments. Here's a fourplex example.
Many a wealthy person got that way with real estate. A smart buy on a rental property and good management can provide cash flow for other uses or investments. Here's a fourplex example.
Real Estate Courses Online for Agents, Brokers...
Free online real estate courses for new and experienced agents, brokers and real estate investors. Real estate math, expenses, income, investing, risk management and much more.
Free online real estate courses for new and experienced agents, brokers and real estate investors. Real estate math, expenses, income, investing, risk management and much more.
What Type of Person Succeeds in a Real Estate...
Choosing a real estate career is a big step. Find out if you are suited to work independently and without a fixed salary, as well as if you're up to the task of building your own real estate business.
Choosing a real estate career is a big step. Find out if you are suited to work independently and without a fixed salary, as well as if you're up to the task of building your own real estate business.
Top Ten Tips for Being Successful in Becoming a...
Passing the test gets you the license, but it's far from enough knowledge to be successful in becoming a real estate agent for the long haul. Learn the top ten things you can do to help assure that you'll make the cut.
Passing the test gets you the license, but it's far from enough knowledge to be successful in becoming a real estate agent for the long haul. Learn the top ten things you can do to help assure that you'll make the cut.
Depreciating Your Real Estate Rental Property
One of the advantages of owning rental real estate is tax deductions that can offset income from operations of that property as well as others in some cases. Here's how depreciation works on a rental property.
One of the advantages of owning rental real estate is tax deductions that can offset income from operations of that property as well as others in some cases. Here's how depreciation works on a rental property.
How to Calculate Net Rental Yield for the Real...
Many believe that consistently better returns on investment can be realized in real estate investment rental property than can be gained in stocks or bonds investments. The start of the process is an accurate estimate of rental yield for a property. See how to calculate it here.
Many believe that consistently better returns on investment can be realized in real estate investment rental property than can be gained in stocks or bonds investments. The start of the process is an accurate estimate of rental yield for a property. See how to calculate it here.
Real Estate Property Management Areas of...
Real estate property management is an area of specialization that involves four basic areas of responsibility. Marketing/Financial, Tenant and Occupancy, Facility, and Administrative are those four areas. Get more detail here on these four areas of real estate property management responsibility.
Real estate property management is an area of specialization that involves four basic areas of responsibility. Marketing/Financial, Tenant and Occupancy, Facility, and Administrative are those four areas. Get more detail here on these four areas of real estate property management responsibility.
${lby} You Choose a Real Estate Career - Know...
Assure your success in a real estate career by knowing the reasons others fail and taking action to overcome them. Competition, variable income commissions, burn-out, and unrealistic expectations are all important contributors to failure in the business.
Assure your success in a real estate career by knowing the reasons others fail and taking action to overcome them. Competition, variable income commissions, burn-out, and unrealistic expectations are all important contributors to failure in the business.
Pros and Cons of a Real Estate Career
Benefits and pitfalls of a career as a real estate agent include things related to income, liability, control of your business and your personal skill set.
Benefits and pitfalls of a career as a real estate agent include things related to income, liability, control of your business and your personal skill set.
Benefits of a Real Estate Career
Real estate career benefits are many, and include the ability to be your own boss, set your working hours, build your own independent contractor business, create financial security and more. Pursuing a career in real estate has created many successful business people.
Real estate career benefits are many, and include the ability to be your own boss, set your working hours, build your own independent contractor business, create financial security and more. Pursuing a career in real estate has created many successful business people.
All About The BPO or Broker Price Opinion
The BPO, or Broker Price Opinion, is a tool used by lenders and mortgage companies to value properties in situations where they believe the expense and delay of an appraisal is not necessary. Learn here when a BPO might be used, the types of BPOs and more.
The BPO, or Broker Price Opinion, is a tool used by lenders and mortgage companies to value properties in situations where they believe the expense and delay of an appraisal is not necessary. Learn here when a BPO might be used, the types of BPOs and more.
Can You Succeed Starting as a Part Time Real...
Find out the pros and cons of starting your career as a part time real estate agent. See what it takes to make the part-time strategy successful.
Find out the pros and cons of starting your career as a part time real estate agent. See what it takes to make the part-time strategy successful.
How To Calculate Compound Interest
Compound interest is interest on principal plus interest on the accumulated interest. Real estate investing requires a knowledge of how to calculate compound interest.
Compound interest is interest on principal plus interest on the accumulated interest. Real estate investing requires a knowledge of how to calculate compound interest.
Should You Begin Real Estate as a Commercial...
A common question is whether a person new to real estate should start out as a commercial real estate agent, or work into it from residential or another area of real estate. The decision requires an assessment of finances and abilities. A different skill set is required, and the first commission can be a long way in the future.
A common question is whether a person new to real estate should start out as a commercial real estate agent, or work into it from residential or another area of real estate. The decision requires an assessment of finances and abilities. A different skill set is required, and the first commission can be a long way in the future.
Daily Responsibilities of Real Estate Agents
Far from just driving buyers around or placing for sale signs in yards, the daily routine of a real estate agent involves a great many interactions with title companies, other agents, brokers, attorneys, home inspectors, appraisers and more. Then there's the marketing and paperwork activity to top it off.
Far from just driving buyers around or placing for sale signs in yards, the daily routine of a real estate agent involves a great many interactions with title companies, other agents, brokers, attorneys, home inspectors, appraisers and more. Then there's the marketing and paperwork activity to top it off.
How To Determine an Income Property's Value...
If the net operating income of a property is known, and it is divided by the capitalization rate for similar properties, the approximate current value of the property will be determined.
If the net operating income of a property is known, and it is divided by the capitalization rate for similar properties, the approximate current value of the property will be determined.
What Are the Types of Deeds to Convey Title in...
Types of deeds used to convey real estate. Learn types of deeds and what each conveys from grantor to grantee.
Types of deeds used to convey real estate. Learn types of deeds and what each conveys from grantor to grantee.
The Real Estate Short Sale Process Step-by-Step
Real estate investors can frequently make very profitable purchases of real estate through a short sale. Many short sales do not get approved or fall through for a variety of reasons. Learn here the step-by-step process to initiate a short sale, starting with the homeowner-borrower and moving through lender negotiations to the closing.
Real estate investors can frequently make very profitable purchases of real estate through a short sale. Many short sales do not get approved or fall through for a variety of reasons. Learn here the step-by-step process to initiate a short sale, starting with the homeowner-borrower and moving through lender negotiations to the closing.
Ways to Terminate Real Estate Easements
Easements generally pass along with ownership changes in real estate. However, there are ways to terminate a real estate easement. Generally, this is not an automatic event, but will require some legal action. Learn about release, merger, non-use, adverse possession, destruction and quiet title action.
Easements generally pass along with ownership changes in real estate. However, there are ways to terminate a real estate easement. Generally, this is not an automatic event, but will require some legal action. Learn about release, merger, non-use, adverse possession, destruction and quiet title action.
Identifying Real Estate Agent Expenses
Successful business people know their costs as well as their projected income. To remain in your real estate business, you must cover your real estate agent expenses as well as personal costs.
Successful business people know their costs as well as their projected income. To remain in your real estate business, you must cover your real estate agent expenses as well as personal costs.
How To Calculate the Loan to Value (LTV) Ratio...
When working with real estate clients, agents and brokers are frequently tasked to help buyers to determine what they can afford in a home. One of the factors is the size of the mortgage they can get. The loan to value ratio is the percentage of a property's value that is mortgaged. Lenders will make mortgages based on maximum loan to value for different types of properties.
When working with real estate clients, agents and brokers are frequently tasked to help buyers to determine what they can afford in a home. One of the factors is the size of the mortgage they can get. The loan to value ratio is the percentage of a property's value that is mortgaged. Lenders will make mortgages based on maximum loan to value for different types of properties.
Becoming a Real Estate Agent Tips
If becoming a real estate agent is in your career plans, pick up some tips here about how to become a successful real estate agent, not just how to pass the test and get a license.
If becoming a real estate agent is in your career plans, pick up some tips here about how to become a successful real estate agent, not just how to pass the test and get a license.
Top 4 Things to Consider When Choosing a Real...
With millions of sites on the internet, It's easy to disappear. Your domain name is how people get to
With millions of sites on the internet, It's easy to disappear. Your domain name is how people get to
Methods of Compensating Real Estate Agents
Real estate transaction compensation methods can be quite varied. Some less traditional commission and compensation methods are discussed here.
Real estate transaction compensation methods can be quite varied. Some less traditional commission and compensation methods are discussed here.
Top 10 Permitted Duties of an Un-licensed Real...
Take care in assigning duties to an unlicensed real estate assistant, or if you are one, make sure you know what you are allowed to do according to your state's regulations. In most states, an un-licensed assistant cannot discuss property specifics, advise clients, or draft documents.
Take care in assigning duties to an unlicensed real estate assistant, or if you are one, make sure you know what you are allowed to do according to your state's regulations. In most states, an un-licensed assistant cannot discuss property specifics, advise clients, or draft documents.
Top 6 New Real Estate Agent Business Plan...
Beginning a new real estate agent career is exciting, but it is a business. Since it's a business, you need a new real estate agent business plan. What you do early on can make the difference between success and failure. Find out the most important first things to do. They involve education, marketing, budgeting, determining costs, prospecting, your sphere of influence and more.
Beginning a new real estate agent career is exciting, but it is a business. Since it's a business, you need a new real estate agent business plan. What you do early on can make the difference between success and failure. Find out the most important first things to do. They involve education, marketing, budgeting, determining costs, prospecting, your sphere of influence and more.
Using Real Estate Assignment Contracts for...
Many real estate investors, both new and very experienced, have made a lot of money using assigment contracts. Learn the basics here. Using little or none of your own money, make money assigning property contracts to other buyers.
Many real estate investors, both new and very experienced, have made a lot of money using assigment contracts. Learn the basics here. Using little or none of your own money, make money assigning property contracts to other buyers.
What to Consider Before Becoming a Commercial...
Commercial real estate agents have unique work environments and income structures that may not be right for everybody. Additionally, those who want to become commercial real estate agents should consider the personal qualities and education levels that agents successful within the commercial real estate industry possess.
Commercial real estate agents have unique work environments and income structures that may not be right for everybody. Additionally, those who want to become commercial real estate agents should consider the personal qualities and education levels that agents successful within the commercial real estate industry possess.
Jumpstart Your Real Estate Sphere of Influence...
Every real estate agent has a sphere of influence, a group of people upon which they have some influence, if for no other reason than they know you. This group will be a future source of business. Increasing the size of your sphere of influence will bring you much business over time.
Every real estate agent has a sphere of influence, a group of people upon which they have some influence, if for no other reason than they know you. This group will be a future source of business. Increasing the size of your sphere of influence will bring you much business over time.
How To Get Started as a New Real Estate Agent
Getting your license soon, or a new real estate agent? Here's a detailed plan for start-up success. Learn what you have to do for income and expense budgeting, choosing a broker, new agent marketing and more.
Getting your license soon, or a new real estate agent? Here's a detailed plan for start-up success. Learn what you have to do for income and expense budgeting, choosing a broker, new agent marketing and more.
How To Calculate Gross Potential (GPI) Real...
Gross Potential Real Estate Income - This is an easy calculation of the expected gross revenues from an income property. For rentals, the monthly or annual rents for all the units is totaled. No losses for vacancy or non-payment are considered. In other words, the property is considered fully occupied with all payments collected.
Gross Potential Real Estate Income - This is an easy calculation of the expected gross revenues from an income property. For rentals, the monthly or annual rents for all the units is totaled. No losses for vacancy or non-payment are considered. In other words, the property is considered fully occupied with all payments collected.
Commercial Real Estate Lease Types
Commercial leases for real estate are quite varied in types and terms. Learn about Gross, Triple Net and Modified Net leases here.
Commercial leases for real estate are quite varied in types and terms. Learn about Gross, Triple Net and Modified Net leases here.
An Addendum to a Real Estate Contract
An addendum should not be confused with an amendment. While an amendment modifies a previously accepted contract, an addendum is part of the original contract. It adds necessary information, requirements or explantory documents to the original contract or purchase agreement. Once an agreement is reached and the contract accepted, additional documents are not added as addendums.
An addendum should not be confused with an amendment. While an amendment modifies a previously accepted contract, an addendum is part of the original contract. It adds necessary information, requirements or explantory documents to the original contract or purchase agreement. Once an agreement is reached and the contract accepted, additional documents are not added as addendums.
A Run Through How a Rental Property Can Provide...
Using an example fourplex rental property, we analyze how it cash flows and the tax advantages of ownership.
Using an example fourplex rental property, we analyze how it cash flows and the tax advantages of ownership.
What Does a Special Warranty Deed Convey?
A special warranty deed provides less protection for real estate buyer than a general warranty deed. The grantor warrants that they have legal title, and have not encumbered the property during the time they've held title.
A special warranty deed provides less protection for real estate buyer than a general warranty deed. The grantor warrants that they have legal title, and have not encumbered the property during the time they've held title.
The C.L.U.E. Report and it's Importance to...
C.L.U.E. (Comprehensive Loss Underwriting Exchange) Reports give the insurance claim and loss history for a residential property. Insurers regularly report property losses to a company that compiles the C.L.U.E. Report to a homeowner. Only the homeowner or a prospective insurer can order it.
C.L.U.E. (Comprehensive Loss Underwriting Exchange) Reports give the insurance claim and loss history for a residential property. Insurers regularly report property losses to a company that compiles the C.L.U.E. Report to a homeowner. Only the homeowner or a prospective insurer can order it.
${lby} Choose a Choose a Real Estate Broker,...
Too many new real estate agents think that to choose a real estate broker is primarily based on commission splits. It's not all about the split, as the final in-your-pocket income has to do with many variable services provided by brokers. What training and education do you need and they offer? Do you need lots of floor time and leads provided by the broker?
Too many new real estate agents think that to choose a real estate broker is primarily based on commission splits. It's not all about the split, as the final in-your-pocket income has to do with many variable services provided by brokers. What training and education do you need and they offer? Do you need lots of floor time and leads provided by the broker?
Real Estate Agency Law - Fiduciary Duties are...
Obedience: As an agent of your client, you must obey their instructions. That's only if their instructions
Obedience: As an agent of your client, you must obey their instructions. That's only if their instructions
Be a Successful New Real Estate Agent With 3...
The vast majority of people who do not make it in real estate fail in their first two or three years in the business. These 3 secrets for new real estate agent success can get you started right and make real estate your lifelong career.
The vast majority of people who do not make it in real estate fail in their first two or three years in the business. These 3 secrets for new real estate agent success can get you started right and make real estate your lifelong career.
The Triple Net Lease in Commercial Real Estate
The triple net lease in commercial real estate is used extensively in industrial and retail multi-tenant properties. In this type of lease the tenant pays certain expenses directly in addition to their rent.
The triple net lease in commercial real estate is used extensively in industrial and retail multi-tenant properties. In this type of lease the tenant pays certain expenses directly in addition to their rent.
Understanding the Title Insurance Commitment or...
During the real estate purchase process, the title company will search the public records, and issue what is called a title insurance commitment or a title insurance binder. This document binds the title company to issue the insurance policy subject to the requirements being met. The list of exceptions are those items that will not be covered by the insurance policy.
During the real estate purchase process, the title company will search the public records, and issue what is called a title insurance commitment or a title insurance binder. This document binds the title company to issue the insurance policy subject to the requirements being met. The list of exceptions are those items that will not be covered by the insurance policy.
${lby} Start Investing In Real Estate - Get an...
Before you start investing in real estate, know the math to identify good opportunities and manage them for profit. Understand the issues landlords face. Understand leverage, mortgage options, property suitability evaluation, and repairs and maintenance issues.
Before you start investing in real estate, know the math to identify good opportunities and manage them for profit. Understand the issues landlords face. Understand leverage, mortgage options, property suitability evaluation, and repairs and maintenance issues.
Tips and Tricks for Getting the Most Out of...
Whether you're trying to decide if an iPad is worth the investment for your real estate business, or you have one and you're trying to get the most out of it. These are tips and tricks to make it a replacement for your notebook most of the time.
Whether you're trying to decide if an iPad is worth the investment for your real estate business, or you have one and you're trying to get the most out of it. These are tips and tricks to make it a replacement for your notebook most of the time.
Capitalization Rate in Real Estate
The capitalization rate, or cap rate, of a property is a percentage number applied to future income to determine current value. This formula is written as Cap Rate = Net Operating Income / Value.
The capitalization rate, or cap rate, of a property is a percentage number applied to future income to determine current value. This formula is written as Cap Rate = Net Operating Income / Value.
How To Calculate the Break-Even Ratio for Real...
The break-even ratio of a real estate investment is the total of the debt service and operating expenses divided by the gross operating income. It is expressed as a percentage, the lower the better when lenders are looking at a deal.
The break-even ratio of a real estate investment is the total of the debt service and operating expenses divided by the gross operating income. It is expressed as a percentage, the lower the better when lenders are looking at a deal.
What is The Bundle of Legal Rights of a Real...
The bundle of rights that the owner of real property has are those legal rights of ownership including, enjoyment, exclusion, disposition, possession and control.
The bundle of rights that the owner of real property has are those legal rights of ownership including, enjoyment, exclusion, disposition, possession and control.
Is Starting As a Real Estate Assistant a Good...
A real estate assistant, un-licensed or licensed, can be an excellent way to enter the business. Learn by assisting an agent or broker in tasks involved with listing properties, selling homes, creating marketing literature and brochures, and service buyers and sellers.
A real estate assistant, un-licensed or licensed, can be an excellent way to enter the business. Learn by assisting an agent or broker in tasks involved with listing properties, selling homes, creating marketing literature and brochures, and service buyers and sellers.
Periodic Tenancy or Estate for Period to Period...
Periodic tenancy, or estate from period to period, is one type of leasehold estate in real estate. There is no defined ending date for this type of lease, but usually a defined period of tenancy, such as month-to-month. Proper notice of termination must be given according to the agreement.
Periodic tenancy, or estate from period to period, is one type of leasehold estate in real estate. There is no defined ending date for this type of lease, but usually a defined period of tenancy, such as month-to-month. Proper notice of termination must be given according to the agreement.
The Gross Lease in Commercial Real Estate
The commercial gross lease is sometimes also called a full service lease. The landlord generally agrees to pay all expenses in this type of lease, including taxes, insurance and maintenance.
The commercial gross lease is sometimes also called a full service lease. The landlord generally agrees to pay all expenses in this type of lease, including taxes, insurance and maintenance.
Real Estate Contract Law - Addendum or Amendment
Real estate agents need to be sure that they know the difference between an amendment and an addendum to a real estate contract or purchase agreement. In real estate contract law, using the wrong document could lead to more than just a red face. An amendment changes an already-executed agreement, while an addendum is an additional document included in the original agreement.
Real estate agents need to be sure that they know the difference between an amendment and an addendum to a real estate contract or purchase agreement. In real estate contract law, using the wrong document could lead to more than just a red face. An amendment changes an already-executed agreement, while an addendum is an additional document included in the original agreement.
Fee Simple Ownership in Real Estate
A fee simple estate in land is the highest form of ownership recognized by law. The property owner is entitled to the full enjoyment and use of the property subject only to limitations such as deed restrictions or zoning.
A fee simple estate in land is the highest form of ownership recognized by law. The property owner is entitled to the full enjoyment and use of the property subject only to limitations such as deed restrictions or zoning.
What Clients Value in Real Estate Agent Skills...
Which of our qualities and skills do our clients value the most? This is a bit different from which services they value. Learn what they want most in personal qualities and job skills.
Which of our qualities and skills do our clients value the most? This is a bit different from which services they value. Learn what they want most in personal qualities and job skills.
Search Engine
A search engine is a web site that collects and organizes content from all over the internet. Those wishing to locate something would enter a query about what they'd like to find and the engine provides links to content that matches what they want.
A search engine is a web site that collects and organizes content from all over the internet. Those wishing to locate something would enter a query about what they'd like to find and the engine provides links to content that matches what they want.
Keller Williams Real Estate - Sharing Knowledge...
Keller Williams Real Estate, founded in 1983, has experienced steady growth in franchises and now has more than 600 offices and more than 80,000 agents. Using innovative profit sharing for agents who bring in agent recruits for up to seven down levels, this company has experienced excellent agent retention. The Keller Williams University provides extensive training and the technology resources provided to agents are highly valued.
Keller Williams Real Estate, founded in 1983, has experienced steady growth in franchises and now has more than 600 offices and more than 80,000 agents. Using innovative profit sharing for agents who bring in agent recruits for up to seven down levels, this company has experienced excellent agent retention. The Keller Williams University provides extensive training and the technology resources provided to agents are highly valued.
The Difference Between Commercial Sales and...
A commercial leasing agent works with landlords or tenants to secure a lease that is agreeable to both parties. A sales agent works with property owners or potential owners who are looking to buy, and attempts to close a deal between the two parties.
A commercial leasing agent works with landlords or tenants to secure a lease that is agreeable to both parties. A sales agent works with property owners or potential owners who are looking to buy, and attempts to close a deal between the two parties.
Comparative Market Analysis in Real Estate
A comparative market analysis or CMA in real estate is normally done to determine the current market value of a property to list it for the seller, or to help a buyer to determine what they would like to offer for the purchase.
A comparative market analysis or CMA in real estate is normally done to determine the current market value of a property to list it for the seller, or to help a buyer to determine what they would like to offer for the purchase.
How To Calculate Rental Vacancy and Credit Loss...
Rental vacancy and credit loss is the estimated dollar amount of lost rental income due to vacant units and non-payment of rent.
Rental vacancy and credit loss is the estimated dollar amount of lost rental income due to vacant units and non-payment of rent.
How To Calculate Gross Operating Income (G0I)
In real estate investment, we want to estimate the income of a property with a realistic estimate of losses due to vacancy and bad credit. This is called gross operating income or GOI. We subtract those estimated amounts from Gross Projected Income to arrive at Gross Operating Income.
In real estate investment, we want to estimate the income of a property with a realistic estimate of losses due to vacancy and bad credit. This is called gross operating income or GOI. We subtract those estimated amounts from Gross Projected Income to arrive at Gross Operating Income.
Condominium
A condominium is one of a group of housing units where each homeowner owns their individual unit space, and all the dwelling share ownership of areas of common use.
A condominium is one of a group of housing units where each homeowner owns their individual unit space, and all the dwelling share ownership of areas of common use.
Study Tips for the Real Estate Agent License Exam
Best practice tips for studying for the real estate agent licensing exam. Helpful advice for taking and passing the test.
Best practice tips for studying for the real estate agent licensing exam. Helpful advice for taking and passing the test.
Top 3 Major Types of Real Estate Property
Basic description of the major types of real property as marketed by real estate agents and brokers. Vacant land, residential, commercial, and multi-family are included.
Basic description of the major types of real property as marketed by real estate agents and brokers. Vacant land, residential, commercial, and multi-family are included.
Contingency in Real Estate
A contingency, or condition, is written into a real estate contract to specify an event that, if it happens, the contract would cease to exist. An example would be a purchase contingent upon the buyer obtaining a loan at a specified interest rate or lower. Should the buyer be unable to do this, the contract would end.
A contingency, or condition, is written into a real estate contract to specify an event that, if it happens, the contract would cease to exist. An example would be a purchase contingent upon the buyer obtaining a loan at a specified interest rate or lower. Should the buyer be unable to do this, the contract would end.
Real Estate Valuation and Analysis for Investors
Rate of return is a measure of profitability; it measures the cash that a project will generate vs. the cash that you have to put into the project.
Rate of return is a measure of profitability; it measures the cash that a project will generate vs. the cash that you have to put into the project.
Real Estate Earnest Money Basics
Buyers frequently deposit earnest money in a real estate transaction. Learn how real estate earnest money is accounted for, handled, and refunded in the real estate purchase transaction.
Buyers frequently deposit earnest money in a real estate transaction. Learn how real estate earnest money is accounted for, handled, and refunded in the real estate purchase transaction.
Subagency
Subagency refers to a relationship between the listing and the selling agents in a real estate transaction.
Subagency refers to a relationship between the listing and the selling agents in a real estate transaction.
Coldwell Banker - A Franchise that Educates
Coldwell Banker Real Estate, a Realogy Company, is a major player in the real estate business. Founded in 1906, the company now has more than 4000 worldwide offices. Franchisee brokers appreciate and value the education they receive in performance tracking, technology and business management, as well as the volume buying savings on all kinds of business items.
Coldwell Banker Real Estate, a Realogy Company, is a major player in the real estate business. Founded in 1906, the company now has more than 4000 worldwide offices. Franchisee brokers appreciate and value the education they receive in performance tracking, technology and business management, as well as the volume buying savings on all kinds of business items.
Top 5 Ways that Real Estate Easements are Created
Easements are the right of someone to utilize the real estate owned by another. Real estate easements can be created by written agreement of the parties, a deed conveying a property, condemnation, court order, prescription or by necessity.
Easements are the right of someone to utilize the real estate owned by another. Real estate easements can be created by written agreement of the parties, a deed conveying a property, condemnation, court order, prescription or by necessity.
The REMAX Franchise - An Entrepreneurial Focus
Though most all real estate agents are independent contractors, the REMAX franchise was founded to advance the concept to the next level. Based on a 100% commission to the agent, the REMAX franchise and its brokers make their money via fees charged to the agents for office space and services.
Though most all real estate agents are independent contractors, the REMAX franchise was founded to advance the concept to the next level. Based on a 100% commission to the agent, the REMAX franchise and its brokers make their money via fees charged to the agents for office space and services.
What Does a General Warranty Deed Convey?
A General warranty deed legally binds the grantor with certain covenants or warranties. Covenant of seisin, covenant against encumbrances, covenant of quiet enjoyment, covenant of further assurance, covenant of warranty forever.
A General warranty deed legally binds the grantor with certain covenants or warranties. Covenant of seisin, covenant against encumbrances, covenant of quiet enjoyment, covenant of further assurance, covenant of warranty forever.
The Modified Net Lease in Commercial Real Estate
The modified net lease is so-named because it is a modified version of the triple net lease. Rather than paying all expenses, the tenant may pay taxes and insurance but share maintenance expenses with the landlord.
The modified net lease is so-named because it is a modified version of the triple net lease. Rather than paying all expenses, the tenant may pay taxes and insurance but share maintenance expenses with the landlord.
Real Estate Consulting - Putting the Decisions...
Real estate consulting combines some of the practices of fee for service with an hourly fee delivery for services. The consumer, buyer or seller, can select services individually at flat rates, services in pre-packaged bundles at flat rates, or elect to have their needs met via an hourly rate.
Real estate consulting combines some of the practices of fee for service with an hourly fee delivery for services. The consumer, buyer or seller, can select services individually at flat rates, services in pre-packaged bundles at flat rates, or elect to have their needs met via an hourly rate.
The HUD-1 Settlement Statement Sample
One of the first things every new real estate agent should learn is the HUD-1 Settlement Statement inside and out. After all, you'll be going over it with clients and frequently be asked to explain items or how they're calculated. Here's a completed example HUD-1 on a .pdf with live links to instructional quick tips for the items.
One of the first things every new real estate agent should learn is the HUD-1 Settlement Statement inside and out. After all, you'll be going over it with clients and frequently be asked to explain items or how they're calculated. Here's a completed example HUD-1 on a .pdf with live links to instructional quick tips for the items.
Types of Real Estate Encumbrances
Learn the types of encumbrances on real estate properties, including liens, deed restrictions, easements, encroachments and licenses. Real estate encumbrances can adversely impact the sale of a property.
Learn the types of encumbrances on real estate properties, including liens, deed restrictions, easements, encroachments and licenses. Real estate encumbrances can adversely impact the sale of a property.
How To Calculate Simple Interest for the Real...
The formula and method for simple interest calculation, using principal amount, rate and time is presented here. Used frequently by those in real estate investing.
The formula and method for simple interest calculation, using principal amount, rate and time is presented here. Used frequently by those in real estate investing.
Getting a Flood Cert or Flood Certification on...
In most real estate deals involving a lender, the lender has their own source for getting a flood certification on a property before making the loan. A third party provider produces a report certifying the flood zone status of the property based on the most current FEMA flood maps. If your client is doing a cash deal, you might want to get them to do their own flood cert, or you can get it for them inexpensively.
In most real estate deals involving a lender, the lender has their own source for getting a flood certification on a property before making the loan. A third party provider produces a report certifying the flood zone status of the property based on the most current FEMA flood maps. If your client is doing a cash deal, you might want to get them to do their own flood cert, or you can get it for them inexpensively.
ARV - After Repair Value in Real Estate Investing
Real estate investing frequently involves the purchase of a property in need of work, getting it repaired or remodeled and then selling or flipping it at a profit. This requires the ability to determine approximate repair and remodel costs and the value of the property after completion. This value is the ARV or After Repair Value
Real estate investing frequently involves the purchase of a property in need of work, getting it repaired or remodeled and then selling or flipping it at a profit. This requires the ability to determine approximate repair and remodel costs and the value of the property after completion. This value is the ARV or After Repair Value
What Does a Quitclaim Deed Convey?
The Quitclaim deed is the least protective for the buyer. Types of deeds. Real estate deed types.
The Quitclaim deed is the least protective for the buyer. Types of deeds. Real estate deed types.
How Much Will A Lender Loan? The DSCR, or Debt...
One of the calculations lenders use to determine whether they'll do a mortgage on a commercial property, and how much they'll loan, is the DSCR, or Debt Service Coverage Ratio. Learn how to use the DSCR.
One of the calculations lenders use to determine whether they'll do a mortgage on a commercial property, and how much they'll loan, is the DSCR, or Debt Service Coverage Ratio. Learn how to use the DSCR.
How to Calculate the Land to Building Ratio
Appraisers will report and lenders will use the land to building ratio in many commercial and industrial valuations, and in some residential ones as well. Learn how to calculate.
Appraisers will report and lenders will use the land to building ratio in many commercial and industrial valuations, and in some residential ones as well. Learn how to calculate.
The Income Method of Real Estate Appraisal and...
Appraisers and real estate investors use the income method to value properties that produce rental income in some form. The net income a property generates is used to determine its fair market value. Primarily, capitalization rate and gross rent multiplier are calculations used in this method.
Appraisers and real estate investors use the income method to value properties that produce rental income in some form. The net income a property generates is used to determine its fair market value. Primarily, capitalization rate and gross rent multiplier are calculations used in this method.
Top 8 Additional Duties for A Licensed Real...
A licensed real estate assistant will add additional abilities, as most real estate licensing boards limit what an un-licensed assistant can do. These include document preparation, advice and interpretation, delivery of financial and title documents. attending closings and telephone marketing.
A licensed real estate assistant will add additional abilities, as most real estate licensing boards limit what an un-licensed assistant can do. These include document preparation, advice and interpretation, delivery of financial and title documents. attending closings and telephone marketing.
Real Estate Agent Preparation for a Listing...
Before you get in front of that listing prospect, be sure you have your ducks in a row. You're presenting your experience, expertise, marketing and transactions services.
Before you get in front of that listing prospect, be sure you have your ducks in a row. You're presenting your experience, expertise, marketing and transactions services.
Planning Real Estate Income with the Funnel...
Planning real estate income is accomplished by determining your needed income, planning behaviors and activities, knowing the approximate results of these activities and behaviors, and developing a plan. You can determine precisely what you need to do each day to fill your sales funnel. A lot goes in the top and the sales dribble out the bottom. Knowing the ratio of what goes into the top of the funnel to what comes out the bottom tells you what you need to do.
Planning real estate income is accomplished by determining your needed income, planning behaviors and activities, knowing the approximate results of these activities and behaviors, and developing a plan. You can determine precisely what you need to do each day to fill your sales funnel. A lot goes in the top and the sales dribble out the bottom. Knowing the ratio of what goes into the top of the funnel to what comes out the bottom tells you what you need to do.
Commission Split
The commission split in real estate is a multi-level sharing of the gross commission as charged to the buyer or seller of real estate. Two brokerages can split the commission and then it can be split again between the broker and the agent(s).
The commission split in real estate is a multi-level sharing of the gross commission as charged to the buyer or seller of real estate. Two brokerages can split the commission and then it can be split again between the broker and the agent(s).
How To Calculate Cash Flow Before Taxes (CFBT)...
Cash flow is all the in and out flows of cash through a business, without regard to tax considerations. All money in or out is considered. This is Cash Flow Before Taxes or CFBT. The cash flow of a real estate investment is an important part of its viability as an investment. Rental properties are expected to cash flow more than mortgage payments and expenses to generate a profit.
Cash flow is all the in and out flows of cash through a business, without regard to tax considerations. All money in or out is considered. This is Cash Flow Before Taxes or CFBT. The cash flow of a real estate investment is an important part of its viability as an investment. Rental properties are expected to cash flow more than mortgage payments and expenses to generate a profit.
Top 5 Study Tips for The Real Estate License Exam
Prioritizing your study subjects, and getting reliable resources and information are key to successfully passing the real estate license test. Real estate license exam tips are outlined here.
Prioritizing your study subjects, and getting reliable resources and information are key to successfully passing the real estate license test. Real estate license exam tips are outlined here.
Get Your Buyer Into a Home with No Money Down -...
If you practice real estate in a rural area, take a look at the USDA program that can get your buyer into a home with no down payment, and sometimes even no money out of pocket.
If you practice real estate in a rural area, take a look at the USDA program that can get your buyer into a home with no down payment, and sometimes even no money out of pocket.
A Low Cost But High Return Real Estate...
A step-by-step plan for any agent, but really great for new agents. Learn how to spend very little to realize a lot of real estate marketing clout.
A step-by-step plan for any agent, but really great for new agents. Learn how to spend very little to realize a lot of real estate marketing clout.
How To Calculate Return on Equity for Real...
Return on equity, as calculated in the first year of a real estate investment, is the cash return after taxes divided by the cash invested in the property.
Return on equity, as calculated in the first year of a real estate investment, is the cash return after taxes divided by the cash invested in the property.
Real Estate Supply and Demand
Real estate supply and demand are different than in many fields or markets. That's because each real estate parcel is unique and real estate cannot be moved. In many fields or markets, if there is a shortage, more of the same product can be manufactured. The unique nature of real estate makes this impossible. You also cannot move more real estate into an area that has a short supply.
Real estate supply and demand are different than in many fields or markets. That's because each real estate parcel is unique and real estate cannot be moved. In many fields or markets, if there is a shortage, more of the same product can be manufactured. The unique nature of real estate makes this impossible. You also cannot move more real estate into an area that has a short supply.
Real Estate Policy Manual Development & Examples
From this article, you are linked to detailed explanations of the sections in an example real estate brokerage office policy manual.
From this article, you are linked to detailed explanations of the sections in an example real estate brokerage office policy manual.
When is a BPO or Broker Price Opinion Used?
Lenders, banks and loss mitigation companies use real estate brokers to provide a BPO, or broker price opinion, in certain situations where an appraisal isn't necessary or desired. Learn more.
Lenders, banks and loss mitigation companies use real estate brokers to provide a BPO, or broker price opinion, in certain situations where an appraisal isn't necessary or desired. Learn more.
The Mortgage Interest Deduction for a Rental...
In our series examining a fourplex rental property's income and taxes, we're now looking at the mortgage interest deduction. This is frequently one of the largest write-offs for the owner.
In our series examining a fourplex rental property's income and taxes, we're now looking at the mortgage interest deduction. This is frequently one of the largest write-offs for the owner.
Top 6 Ways that Real Estate Investment Property...
Real estate investment property provides numerous advantages over other types of investments. This is primarily due to the different ways in which the real estate investor can realize returns on their property investments. These include mortgage payoff, appreciation, tax advantages, gains from inflation, and more.
Real estate investment property provides numerous advantages over other types of investments. This is primarily due to the different ways in which the real estate investor can realize returns on their property investments. These include mortgage payoff, appreciation, tax advantages, gains from inflation, and more.
Valuation of Income Properties Using Capitaliza...
Capitalization rate is a common method used in the process of arriving at the value of an income property, such as rental units, commercial rental space, etc. Learn the calculations you'll need as a real estate agent to work with your investor clients.
Capitalization rate is a common method used in the process of arriving at the value of an income property, such as rental units, commercial rental space, etc. Learn the calculations you'll need as a real estate agent to work with your investor clients.
New Real Estate Agent Marketing Budget
Get experienced advice and specific plans for setting a real estate agent marketing budget for your new real estate agent business the first year or so.
Get experienced advice and specific plans for setting a real estate agent marketing budget for your new real estate agent business the first year or so.
Top 8 Real Estate Marketing Niche Opportunities
Many highly successful real estate agents and brokers get that way by concentrating on one real estate marketing niche and serving it well. Learn some of the best niche market opportunities here for real estate. Commercial properties, FSBO's, resort and vacation properties, minorities, first time buyers, singles,luxury homes and condominiums are included.
Many highly successful real estate agents and brokers get that way by concentrating on one real estate marketing niche and serving it well. Learn some of the best niche market opportunities here for real estate. Commercial properties, FSBO's, resort and vacation properties, minorities, first time buyers, singles,luxury homes and condominiums are included.
Estate for Years Type of Leasehold Estate in...
An estate for years, or estate for term, is one type of leasehold estate in real estate. This type is a lease for a specific period, with a beginning and an ending date. No notice to vacate is required, as there is a definite date for the lease to end and the tenant to vacate.
An estate for years, or estate for term, is one type of leasehold estate in real estate. This type is a lease for a specific period, with a beginning and an ending date. No notice to vacate is required, as there is a definite date for the lease to end and the tenant to vacate.
How To Determine Expenses and Plan Marketing...
As a real estate agent or broker, you're an independent contractor. Expenses and income for your business should be estimated carefully and a plan put in place to create the income to surpass expenses. With spreadsheets and the sales funnel process, it's not difficult and well worth a couple of hours of your time.
As a real estate agent or broker, you're an independent contractor. Expenses and income for your business should be estimated carefully and a plan put in place to create the income to surpass expenses. With spreadsheets and the sales funnel process, it's not difficult and well worth a couple of hours of your time.
Using an Outlook Rule to Send Email to SMS
Create the rule to tell Outlook which messages you want to have automatically sent to your cell phone as sms text messages. This could be several rules, possibly for clients or with certain words in the subject or body of the email.
Create the rule to tell Outlook which messages you want to have automatically sent to your cell phone as sms text messages. This could be several rules, possibly for clients or with certain words in the subject or body of the email.
Elements of an Effective Comparative Market...
A good comparative market analysis, or CMA, is simply defined as one that helps to yield an accurate and reasonable listing price for a property. However, easily defined and easily produced are not the same. A good CMA requires attention to detail, mathematical skills, experience and a bit of creative thinking.
A good comparative market analysis, or CMA, is simply defined as one that helps to yield an accurate and reasonable listing price for a property. However, easily defined and easily produced are not the same. A good CMA requires attention to detail, mathematical skills, experience and a bit of creative thinking.
What Does a Bargain and Sale Deed Convey?
A bargain and sale deed does not warrant against encumbrances. It only implies that the grantor holds title and possession of the property. Real estate deeds. Types of real estate deeds.
A bargain and sale deed does not warrant against encumbrances. It only implies that the grantor holds title and possession of the property. Real estate deeds. Types of real estate deeds.
Easy and Free Real Estate Agent Accounting
Whether you're a new, or an established agent, keeping up with income, expenses, and mileage shouldn't take up large amounts of your time. Learn how to do it with your voice and be up-to-the-minute with your records.
Whether you're a new, or an established agent, keeping up with income, expenses, and mileage shouldn't take up large amounts of your time. Learn how to do it with your voice and be up-to-the-minute with your records.
What is a 1031 Exchange?
A 1031 Exchange is named after Section 1031 of the Internal Revenue Service Code. Section 1031 explains how a real estate investor can exchange investment property and defer capital gains taxes.
A 1031 Exchange is named after Section 1031 of the Internal Revenue Service Code. Section 1031 explains how a real estate investor can exchange investment property and defer capital gains taxes.
Loan to Value (LTV) Ratio in Real Estate
The amount of the outstanding mortgage divided by the property's value is the LTV or loan to value ratio. The value is normally either the appraised value or the selling price, whichever is less. This is used in regular owner occupied mortages as well as properties purchased as real estate investments.
The amount of the outstanding mortgage divided by the property's value is the LTV or loan to value ratio. The value is normally either the appraised value or the selling price, whichever is less. This is used in regular owner occupied mortages as well as properties purchased as real estate investments.
Methods of Compensating Real Estate Agents -...
Broker and agent commission split, 100% commission, referral fees, and other real estate agent compensation models explained.
Broker and agent commission split, 100% commission, referral fees, and other real estate agent compensation models explained.
Elements of a Good Lease Document
For investors and property managers, one key to a smoother interaction with tenants is a well-written lease agreement. Learn the basic items that should be there.
For investors and property managers, one key to a smoother interaction with tenants is a well-written lease agreement. Learn the basic items that should be there.
Is A Commercial Real Estate Career For You?
There is an allure to commercial real estate. Many a residential real estate agent has considered the switch. However, know what's required first, and try to plan for your success.
There is an allure to commercial real estate. Many a residential real estate agent has considered the switch. However, know what's required first, and try to plan for your success.
The 1031 Exchange for Real Estate Investors
The 1031 Exchange is named after section 1031 of the Internal Revenue Code. Using the 1031 exchange, an investor can exchange real estate and defer capital gains taxes on the profits from the sale. As the investor realizes appreciation, they can continue to trade up to more valuable properties, deferring capital gains taxes at each step.
The 1031 Exchange is named after section 1031 of the Internal Revenue Code. Using the 1031 exchange, an investor can exchange real estate and defer capital gains taxes on the profits from the sale. As the investor realizes appreciation, they can continue to trade up to more valuable properties, deferring capital gains taxes at each step.
The Real Estate Referral Agent
The real estate referral agent is one of the highest paid non-entertainment jobs on the planet. Where's the value in this antiquated procedure that pays thousands of dollars an hour for actual effort or performance?
The real estate referral agent is one of the highest paid non-entertainment jobs on the planet. Where's the value in this antiquated procedure that pays thousands of dollars an hour for actual effort or performance?
Rental Property Operating Expenses and Cash Flow
If you're considering investing in real estate rental property, be sure that you understand the way that expenses and income are calculated and discussed. Operating expenses is one area of misunderstanding.
If you're considering investing in real estate rental property, be sure that you understand the way that expenses and income are calculated and discussed. Operating expenses is one area of misunderstanding.
Real Estate Farming in the Internet World
Real estate farming of neighborhoods has been around since the beginning. It doesn't go away because it is effective. However, with the Internet changing real estate marketing across the board, how can you change your farming methods to adapt and succeed?
Real estate farming of neighborhoods has been around since the beginning. It doesn't go away because it is effective. However, with the Internet changing real estate marketing across the board, how can you change your farming methods to adapt and succeed?
Profile of an Effective Real Estate Investor...
What is a buyer database or "buyer book?": If one or more of your real estate investment strategies involves
What is a buyer database or "buyer book?": If one or more of your real estate investment strategies involves
How To Calculate After Tax Cash Flow (CFAT) for...
After Tax Cash Flow CFAT - Real Estate Investment After Tax Cash Flow CFAT About>Business & Finance>Real Estate Business> Real Estate Investment> Know the Math> After Tax Cash Flow CFAT - Real Estate Investment After Tax Cash Flow CFAT Most Popular Articles
After Tax Cash Flow CFAT - Real Estate Investment After Tax Cash Flow CFAT About>Business & Finance>Real Estate Business> Real Estate Investment> Know the Math> After Tax Cash Flow CFAT - Real Estate Investment After Tax Cash Flow CFAT Most Popular Articles
Net Operating Income (NOI) in Real Estate
Net operating income, or NOI, is rental income of a property after operating expenses. These expenses would include all operating expenses, including maintenance, insurance, janitorial, supplies, management, accounting, etc.
Net operating income, or NOI, is rental income of a property after operating expenses. These expenses would include all operating expenses, including maintenance, insurance, janitorial, supplies, management, accounting, etc.
HUD-1 Settlement Agreement Aggregate Adjustment...
In the 1000 series (Reserves Deposited With Lender) of the HUD-1 Settlement Statement, amounts are calculated
In the 1000 series (Reserves Deposited With Lender) of the HUD-1 Settlement Statement, amounts are calculated
What Loan Types are Not Covered by RESPA?
RESPA, the Real Estate Settlement Procedures Act, covers the vast majority of residential loans. Learn the loan types not covered by RESPA and why.
RESPA, the Real Estate Settlement Procedures Act, covers the vast majority of residential loans. Learn the loan types not covered by RESPA and why.
The Financial & Marketing Functions of Real...
Real estate property management includes the responsibility off from marketing and financial functions. A comprehensive budget, marketing plan, and efficient implementation of them are a must. More information on the financial and marketing components of property management.
Real estate property management includes the responsibility off from marketing and financial functions. A comprehensive budget, marketing plan, and efficient implementation of them are a must. More information on the financial and marketing components of property management.
Top 4 Don'ts in Using Real Estate Leverage
Leverage, or the use of other people's money to control real estate, is an effective tool for real estate investors if used properly. Using only 10% down payment can produce a very attractive Return on Investment if other factors are properly balanced.
Leverage, or the use of other people's money to control real estate, is an effective tool for real estate investors if used properly. Using only 10% down payment can produce a very attractive Return on Investment if other factors are properly balanced.
MLS Only Listings - What's the Debate About?
MLS only listing is generally the practice of charging a set low fee to place a seller's property on the Multiple Listing Service, but not providing any other services to the seller. This means that there is not agent/broker who will be advising the seller or helping them with the contract or closing process.
MLS only listing is generally the practice of charging a set low fee to place a seller's property on the Multiple Listing Service, but not providing any other services to the seller. This means that there is not agent/broker who will be advising the seller or helping them with the contract or closing process.
Encumbrances in Real Estate Defined
An encumbrance is a claim or liability against real estate. This can include liens, deed restrictions, easements encroachments or licenses.
An encumbrance is a claim or liability against real estate. This can include liens, deed restrictions, easements encroachments or licenses.
How To Help Your Client Justify an Income...
Using the asking price of an income producing property and the capitalization rates of other similar properties in the area, one can calculate the income necessary to justify the asking price.
Using the asking price of an income producing property and the capitalization rates of other similar properties in the area, one can calculate the income necessary to justify the asking price.
Classes of Office Buildings
There are three main office building classes available on the market today. Which one your client chooses will depend on her business needs and financial abilities.
There are three main office building classes available on the market today. Which one your client chooses will depend on her business needs and financial abilities.
Unimproved Land
Unimproved land in real estate is defined as land that does not have certain basic required services necessary to utilize it for other purposes. These include electricity, telephone, street access, or water available.
Unimproved land in real estate is defined as land that does not have certain basic required services necessary to utilize it for other purposes. These include electricity, telephone, street access, or water available.
The Flyer that Converts Expired Listings - A...
Many an agent has built their new career on contacting expired listings and impressing them with their ability to do better than the last real estate agent or broker. The consultive approach, with straight-forward information and a formula to help you introduce hard facts about property condition and pricing is presented in this hard-hitting flyer.
Many an agent has built their new career on contacting expired listings and impressing them with their ability to do better than the last real estate agent or broker. The consultive approach, with straight-forward information and a formula to help you introduce hard facts about property condition and pricing is presented in this hard-hitting flyer.
Top 6 Landlord Guide - Basics for the Real...
Taking the step from buying and selling real estate properties to buy-and-hold strategies and landlord status is a large one. Be sure that you examine your capabilities and desires, plan for management, and that you're capable of dealing with tenants, managing rents, repairs and vendors. This landlord guide will help.
Taking the step from buying and selling real estate properties to buy-and-hold strategies and landlord status is a large one. Be sure that you examine your capabilities and desires, plan for management, and that you're capable of dealing with tenants, managing rents, repairs and vendors. This landlord guide will help.
The Forms of Client Representation - Real...
Knowing your duties and obligations in representing your client in a real estate transaction is critical. These obligations vary depending on your status. Are you an agent, subagent, transaction broker, etc? Learn what they mean here.
Knowing your duties and obligations in representing your client in a real estate transaction is critical. These obligations vary depending on your status. Are you an agent, subagent, transaction broker, etc? Learn what they mean here.
A Foreclosure Negotiation With The Bank - A...
If you aren't familiar with representing clients in foreclosure purchases, you can get a bit frustrated with the lender or bank in the process. Here's a real life example of a negotiation.
If you aren't familiar with representing clients in foreclosure purchases, you can get a bit frustrated with the lender or bank in the process. Here's a real life example of a negotiation.
Facility & Physical Maintenance and Repairs to...
Facility or physical maintenance is an important function of real estate property management. Regular preventive maintenance, as well as repairs when things go wrong, are quite important to tenant retention, higher occupancy and greater return on investment.
Facility or physical maintenance is an important function of real estate property management. Regular preventive maintenance, as well as repairs when things go wrong, are quite important to tenant retention, higher occupancy and greater return on investment.
The Equity or Mortgage REITs Decision - The...
There are definite differences in the type of REITs available for real estate investors. The two basic types are equity REITs and mortgage REITs. Knowing the differences and your tolerance for risk can make all the difference in your investment success.
There are definite differences in the type of REITs available for real estate investors. The two basic types are equity REITs and mortgage REITs. Knowing the differences and your tolerance for risk can make all the difference in your investment success.
Real Estate Listing Agreements Types - Who Gets...
There are three basic types of real estate listing agreements, Open, Exclusive Agency, and Exclusive Right to Sell. You should know the difference in order to know who is and is not entitled to a commission on sale.
There are three basic types of real estate listing agreements, Open, Exclusive Agency, and Exclusive Right to Sell. You should know the difference in order to know who is and is not entitled to a commission on sale.
VoiceMail to Email and a Special Message for...
Getting a voicemail to your email inbox has never been easier. YouMail, a free service, offers voicemail that takes the place of your cell provider's service and some cool services.
Getting a voicemail to your email inbox has never been easier. YouMail, a free service, offers voicemail that takes the place of your cell provider's service and some cool services.
Independent Real Estate Agent - Real Estate...
The vast majority of independent real estate agents are statutory independent contractors. This is a statutory status rather than common-law. The right of control and the 20 tests of the Internal Revenue Service to determine if one is an employee or independent contractor do not apply.
The vast majority of independent real estate agents are statutory independent contractors. This is a statutory status rather than common-law. The right of control and the 20 tests of the Internal Revenue Service to determine if one is an employee or independent contractor do not apply.
What to Include in a Commercial Real Estate...
Commercial real estate resumes can be thin on actual commercial real estate experience, but should highlight some skills and types of experience that can benefit a commercial real estate firm. Read on to discover what to include in your resume if you want to begin a career in commercial real estate.
Commercial real estate resumes can be thin on actual commercial real estate experience, but should highlight some skills and types of experience that can benefit a commercial real estate firm. Read on to discover what to include in your resume if you want to begin a career in commercial real estate.
Median
Median is a mathematical result that indicates that one half of a group is higher and one half lower than the median. Median price of 101 sold homes would be that price which is lower than 50 of the prices and also higher than 50 of them.
Median is a mathematical result that indicates that one half of a group is higher and one half lower than the median. Median price of 101 sold homes would be that price which is lower than 50 of the prices and also higher than 50 of them.
These are my top 10 technology tools to manage...
I am almost totally online now, operating in the cloud for my real estate business. Learn here about my top ten real estate technology tools, and most are free. The rest are cheap, costing a grand total of only about $10/month to use them all.
I am almost totally online now, operating in the cloud for my real estate business. Learn here about my top ten real estate technology tools, and most are free. The rest are cheap, costing a grand total of only about $10/month to use them all.
Real Estate Mediation and Arbitration for...
Real estate mediation and arbitration are used in place of formal litigation, two alternative methods are used frequently for dispute resolution with regards to real estate transactions. These are mediation and arbitration. Real estate agents and brokers need to know the differences, appropriateness of each, costs, and whether the contract binds the parties to either or both.
Real estate mediation and arbitration are used in place of formal litigation, two alternative methods are used frequently for dispute resolution with regards to real estate transactions. These are mediation and arbitration. Real estate agents and brokers need to know the differences, appropriateness of each, costs, and whether the contract binds the parties to either or both.
The Two Major Types of BPO or Broker Price...
The two major groupings of BPO, or broker price opinions, are the drive by and the internal BPO. Learn more about them here.
The two major groupings of BPO, or broker price opinions, are the drive by and the internal BPO. Learn more about them here.
Administration & Risk Management in Real Estate...
Real estate property management requires a high level of detail as regards record-keeping. With financial, government regulation and risk factors involved, the more detailed and organized the records are the better. This is important not only for tenant management, but also for employees and subcontractors.
Real estate property management requires a high level of detail as regards record-keeping. With financial, government regulation and risk factors involved, the more detailed and organized the records are the better. This is important not only for tenant management, but also for employees and subcontractors.
A Day in the Life of a Real Estate Listing Agent
A real estate listing agent will be involved in a myriad of details and activities. From checking the morning hot sheet, to doing comparative market analysis and making listing presentations, the listing agent is kept quite busy.
A real estate listing agent will be involved in a myriad of details and activities. From checking the morning hot sheet, to doing comparative market analysis and making listing presentations, the listing agent is kept quite busy.
How to Attract Commercial Clients
To attract commercial real estate clients you must market yourself to the buyers and sellers in your area. This can be done through a website, social networking, marketing materials and more.
To attract commercial real estate clients you must market yourself to the buyers and sellers in your area. This can be done through a website, social networking, marketing materials and more.
You Don't Have to Be a Sales Person to be a...
I can always generate an argument when other real estate people hear me saying that real estate isn't
I can always generate an argument when other real estate people hear me saying that real estate isn't
Real Estate Ownership Through REITs or Real...
REITs, or real estate investment trusts, allow the normal investor to own the commercial real estate. Whether its office space, a skyscraper, or apartments, an investor who purchases shares in a REIT will share ownership, as well as operational profits as dividends. Good earnings, predictability of income and expense, and low correlation with other asset classes, make REITs a good investment for many.
REITs, or real estate investment trusts, allow the normal investor to own the commercial real estate. Whether its office space, a skyscraper, or apartments, an investor who purchases shares in a REIT will share ownership, as well as operational profits as dividends. Good earnings, predictability of income and expense, and low correlation with other asset classes, make REITs a good investment for many.
50 Ways to Use Evernote in Your Real Estate...
Using Evernote to make your business life more productive is as easy as setting up some automated systems and getting into data saving habits. Never lose anything again, including notes you used to put on yellow stickies. Evernote is a very useful tool for real estate.
Using Evernote to make your business life more productive is as easy as setting up some automated systems and getting into data saving habits. Never lose anything again, including notes you used to put on yellow stickies. Evernote is a very useful tool for real estate.