Client Testimonials Help Build Trust

May 26, 2010
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If you’re an agent or a real estate agency, the best way to communicate your value is by getting testimonials from clients.  A third party endorsement carries more weight and a previous study showed that 86% trusted recommendations from friends while only 14% of consumers trusted advertising.

Here are some suggestions on how to get testimonials from clients:

* Listen for testimonials from your clients and ask them if you can quote their words for future references.  Set up a file for these comments so you’ll be able to show them to your future clients.
* You can also jot down their comments…

Tips For Moving Pet Owners

May 26, 2010
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According to pet experts, pets thrive on routine and it may be hard for them to make the transition when moving to a new home.  The first step you need to do to help your pet is to go to your veterinarian.  Be sure to ask the vet of your pet’s medical files and purchase enough medications if your pet needs one so that you’ll have enough of the needed prescriptions to last until you visit a new vet.

You can also consider attaching a microchip to your pet to provide an extra level of protection in case your pet loses…

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Filed Under: Commercial Real Estate, Real Estate

Signs Of Recovery For The Real Estate Market

May 26, 2010
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According to top economists, the housing market will show positive signs of employment and national economic growth in the coming several months.

The Labor department reports that there were 2.7 million job openings last month compared to last months survey while the GDP has a very solid 3% during the first quarter.  These reports indicate that the labor market and economy is in the midst of recovery.  The recovery of the labor market created by a national economy will then help the housing market move forward in a better direction.

Although the bad weather experienced during the months of January and February…

Posted by: Admin |
Filed Under: Real Estate, Real Estate Investing, Real Estate Valuation

Mortgage Rates Drop This Week According To Recent Survey

May 14, 2010
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Agents can greatly benefit from finding expired listings.  It is easy to find expired listings because they crop up everyday.  These expired listing provide a number of leads for listing appointments for agents.  You need to set a schedule to take advantage of the days where there are a lot of listings.  The end of the month is usually the heaviest times for expired listings and 25% of the expired listings of the month may occur in just one or two days so you need to check it out all the time.

Homeowners of expired listings will still want to sell…

Posted by: Admin |
Filed Under: Loans, Mortgage, Real Estate, Real Estate Valuation

Prospecting Expired Listings

May 14, 2010
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Agents can greatly benefit from finding expired listings.  It is easy to find expired listings because they crop up everyday.  These expired listing provide a number of leads for listing appointments for agents.  You need to set a schedule to take advantage of the days where there are a lot of listings.  The end of the month is usually the heaviest times for expired listings and 25% of the expired listings of the month may occur in just one or two days so you need to check it out all the time.

Homeowners of expired listings will still want to sell…

Posted by: Admin |
Filed Under: Foreclosures, Real Estate, Real Estate Investing

Inform Buyers About Your Eco-Friendly Home

May 14, 2010
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You need to highlight the best features of your home to stand out from the housing competition. If you have an environment-friendly home, you should definitely inform buyers about the features of your home to appeal to more buyers.  Although statistics show that buyers will not necessarily choose an environment-friendly home over a regular one because it is green, they can still be influenced if they find out that the home will help them save money.  An example is the insulation of green homes.  The insulation is inexpensive and will definitely slash heating and cooling bills in the long run.

A…

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Filed Under: Green Real Estate, Real Estate

The Benefits Of Investing In Commercial Real Estate Properties

May 9, 2010
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If you’re having a hard time choosing a real estate property you’re going to invest in, consider the pros and cons of commercial and residential real estate properties.

Commercial real estate properties have less competition compared to residential real estate properties.  It is also easier to finance a commercial property because the value of residential properties is determined by the value of the property’s neighboring houses.

If you want to invest in a commercial property, it may be a good idea to start with an apartment.  The value of an apartment is based on how much money the property is getting. The…

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Filed Under: Commercial Real Estate, Real Estate

FHA Will Tighten Loan Requirements

May 9, 2010
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FHA will be adding tighter requirements for homeowners who want to qualify for an FHA mortgage.  Borrowers will also have to pay higher fees to get the federally-insured loans.

The tightening of requirements came after an investigation was made on 15 FHA lenders with high incidences of FHA mortgage insurance claim.  Mortgage insurance is paid by borrowers, typically when the down payment is lower than 20%.  Borrowers pay, but the coverage protects lenders with cash benefits if the borrower defaults. When lenders foreclose against homeowners with the coverage, it triggers mortgage insurance benefits for lenders to help pay off the mortgage.

FHA…

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Filed Under: Loans, Mortgage, Real Estate

Reason Why Homeowners Drop Out Of The Loan Modification Program

May 9, 2010
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The February figures showed that only 116,000 who completed the application process to reduce their loan payments received a permanent loan modification.  That figure is just 12% of the more than 1 million homeowners who applied for a permanent loan modification.

About 61,000 homeowners have dropped out because of reasons like failure to make the required payments during the trial modification process and failure to return the necessary paperwork to their respective banks.

Although the program is doing what it’s supposed to do, large banks that hold the majority of loans are struggling to keep up with a huge number of borrowers…

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Filed Under: Foreclosures, Loans, Mortgage, Real Estate

Getting A Commercial Property Management Agency

April 26, 2010
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It is not easy to handle a commercial property.  If you own a commercial property, it may be a good idea to get a commercial property management agency to help you with property development, investment and management.

Although traditional advertisements will work, a property management agency can fully dedicate their time on your property to be able to explore all options.  The agency will also help you maintain the property and ensure compliance with all safety and health standards.  Property management also includes collecting and recording rents and charges.

The agency can also help you develop or redevelop your commercial property.  It…

Posted by: Admin |
Filed Under: Commercial Real Estate, Real Estate, Real Estate Investing
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