Archive for the ‘Real Estate’ Category

How Does Real Estate Investing Really Work?

Monday, December 14th, 2009

By now, many people have heard about real estate investing. However, few of these people actually know what real property investing entails. In fact, most knowledge about investing in Real Estate only extends to the point that it has something to do with making money in houses. Indeed, the simplest explanation of real property investing is that money is made through the purchase and resale of real property. Anyone who has an interest in property investing needs to know more than this to be successful in the arena.

All real property investments start first with a purchase. Once the real estate investing property is purchased, there are several things an investor can do with it. The quickest way to gain a profit is by reselling the property at a price higher than what was paid for it. To do this an investor either has to purchase the property at a price much lower than market value. Or, the investor can make some enhancements to the house to improve its equity and then resell it.

After purchasing a real estate investing property, the investor might choose not to resell the property. Instead, the investor chooses to rent or lease the house for monthly rent. In most cases, this method of real property investing does not yield imMediate profit because the investor still pays a mortgage on the property. There are some instances when an investor has completely paid for the property and then rents or leases the property. In these cases, the monthly rent for the property is all profit for the investor.

The primary objective of real property investing is for the investor to make a profit. To do this the investor needs to purchase the real estate for as low as possible. This is usually where the creativity of investors comes into play. Investors are constantly coming up with new methods of creative real estate investing to increase their profits.

One of the most popular ways to purchase a property for cheap is to purchase a distressed property. These properties are prime for real estate investing. Distressed properties usually have some negative affect on their value because of appearance, condition, or the financial situation of the owner. Real property investors can purchase distressed properties for a low price, do some work to fix them up, and then resell the property at market value for a profit.

Another property investing strategy that is commonly used is purchasing foreclosed and pre-foreclosed homes. Investors can purchase foreclosed homes from an auction by bidding on it. The lower the bid, the higher the profit an investor is able to make. Another real estate investing strategy is offering assistance in pre-foreclosure situations. Investors can provide capital to the homeowners to keep their homes from being foreclosed. In this situation, the investor takes the place of the mortgager and allows the homeowner to pay a lower monthly price for the home.

The key to real estate investing is to purchase a home for as low as possible then resell it for as high as possible. The excitement comes in figuring out techniques to do both of these.

T J Madigan
http://www.articlesbase.com/non-fiction-articles/how-does-real-estate-investing-really-work-131254.html

Real Estate Ebook Shows You How You Can Make $2000 Per Deal From Real Estate

Friday, December 4th, 2009

Have you come across any of the real estate ebooks that are available for purchase online?

If so, they may have sounded quite intriguing to you. And the fact of the matter is that they can help out in more ways than one.

(there is a free real estate ebook for you to download at the end of this page,that shows you how you can make $2000 per deal from real estate).

But before you buy a real estate ebook make sure that you know what they are all about.

If not, you may end up buying something that does not suit your needs. Remember, there are many areas of the real estate industry that you may be interested in.

And when it comes down to it each of these topics probably has a few ebooks dedicated to it.

So what are the majority of real estate ebooks focused on? This is a difficult question to answer because there are so many of them available to choose from.

Generally speaking, there are quite a few real estate ebooks that are geared towards agents. These books are meant to help them find customers, sell more homes, and learn how to close the deal.

If you are an agent searching for one of these ebooks make sure that you look into each one that is available. You may find out that one real estate ebook is a best seller, while another is lagging behind a bit.

There are also quite a few real estate ebooks for sale on the subject of investing.

In today’s day and age more and more people are looking for ways to make money in a hurry.

While real estate is not always the answer, it is definitely something that you should consider.

Each of the real estate ebooks that are based on investing will give you tips on how to get started, what you can expect, and how to combat problems that may arise along the way.

Again, you should search around and find the best ebook for what you are trying to accomplish.

Overall, there are many real estate ebooks that are available for purchase online.

If you are interested in the real estate industry one of these ebooks may be just what you have been searching for. Not only are Real Estate ebooks inexpensive, but they also have a lot to offer in the form of information as well.

So search around, and in no time at all you should have a list of real estate ebooks that suit your needs. From there, the industry is yours for the taking!

Geri Mason
http://www.articlesbase.com/real-estate-articles/real-estate-ebook-shows-you-how-you-can-make-2000-per-deal-from-real-estate-97162.html

The 3 Attitudes That Permit You From Excelling In Real Estate Marketing

Friday, December 4th, 2009

There is no denying that real estate marketing is practically a difficult undertaking. However, even simple things become difficult right? So why not change the mindset and turn big deal into small deals. This way, you can change insurmountable problems into bite size difficulties that would only wait for their moments to come until they are resolved.

To us, some hurdles flash with the biggest sign saying “IMPOSSIBLE!”, when in fact they are anything but impossibility. This is the same thing with real estate marketing.

To get around the prospect of making this very possible thing into a tragedy of wavering confidence of making through it, you must pump up yourself with a fresh start that would defy all norms which say, “You can never get into the system of real estate marketing”.

To overcome the challenges of real estate marketing, you simply have to make a new mindset that will expose you to all the good things that lay your path. Some calls this foolishness but other calls this utter positivism. You don’t have to make yourself suffer with unnecessary thoughts on failure; you just have to convince yourself that like the best in the industry, you also have the chance to make a name for yourself.

With this state of mind, let us now look at some of the most common challenges real estate marketing offers that often cause one to fail and to fully accept and be trampled by failure.

The I DON’T KNOW ANYTHING ATTITUDE
Of course, everyone has to start from scratch. We were not born like the lower forms of animals who can’t even remember since when have they learned the skill they will carry all their lives. Man is more than that.

He is equipped with all things that he needs in life. The difference between successes and failures though lies in the acceptance of the experiences that would make him learn. And since he is a learning being, he is prone to gathering new things from the things he is performing and thus mastering a craft in the process.

Thus, you cannot say to anyone that you know not a thing in real estate marketing. Everyone could learn, and you do not escape that universal truth.

The I DON’T KNOW HOW TO BEGIN ATTITUDE
Of course you do! It would only take some of your 24 hours before you can unravel where you must begin with the process of learning real estate marketing. Be determined and search for the basic and the fundamental comments you must immerse yourself into. There’s no sense jumping towards the big facts if you have no idea of the elementary things first.

The I DON’T HAVE ENOUGH TIEM TO SPARE ATTITUDE
That’s not true. 24 hours is more than enough to perform all tasks and have rest and relaxation in between. If you seem to lack time on all things, that just suggest how lame you use your time. Remember that the busy people are those who can find time for absolutely everything they are assigned to do and intended to do.

A few hours a day would already help you learn the fundamentals and mastery of the nature of Real Estate Marketing. And you would be surprised the worth any practice that leads to excellence in real estate marketing will do you. There is so much in store for you if only you recognize the existence of such opportunities and your capacity to overcome them.

Mario R. Churchill
http://www.articlesbase.com/real-estate-articles/the-3-attitudes-that-permit-you-from-excelling-in-real-estate-marketing-136094.html

Yes You Can Make $5000 Per Deal From Real Estate Wholesale

Friday, December 4th, 2009

Are you familiar with what it means to buy real estate wholesale?

If so, you are probably aware that you can make a lot of money in this sector of the real estate industry.

(there is a free ebook for you to download at the end of this page, that shows you how you can make $5000 per deal from real estate wholesale).

But on the other side of things, if you have no idea what the real estate wholesale niche is all about you should really look into it a bit deeper.

There are a lot of people out there who are cashing in big time in the real estate industry, $5000 per deal is not uncommon.

The way that they are doing this is by purchasing real estate wholesale, and then making it work to their advantage.

Many people refer to the wholesale real estate market as buying lowing and selling low.

This may seem a bit skewed, but it can actually work if you know what you are doing. When you get involved with Real Estate wholesale you will be controlling a home under terms and a price that make it much more valuable to another investor.

The investors that are interested in real estate wholesale could be in the buy and hold Business, rent to own business, or many others. It is just a matter of buying the real estate wholesale properties that investors desire the most.

When you get involved with real estate wholesale you will be buying homes at a price under market value, and then selling below market value as well.

This is not the same as the big gains that you can make by buying low and selling high, but it is not uncommon to make a few thousand dollars in the real estate wholesale market.

The good thing about this niche of the real estate industry is that you do not have to spend a lot of your own money to purchase the property in the first place.

There are many ways that you can make the real estate wholesale industry work in your favor.

If you are already involved in the real estate game you should look into adding a bit of wholesaling to what you currently do. Make sure that you take things slow at the beginning so that you can get your bearings.

This niche of the industry is quite different than any other. So in order to be a success you should take your time and build confidence before you get carried away.

Please download your free ebook that reveals the secrets of profiting from real estate wholesale from the link below:

Geri Mason
http://www.articlesbase.com/real-estate-articles/yes-you-can-make-5000-per-deal-from-real-estate-wholesale-97154.html

Colorado Springs, Co Real Estate Market

Friday, December 4th, 2009

Colorado Springs, the second largest city in the state of Colorado, has a population of about 350,000. The city has all the comforts of other large cities in the United States, but not the problems with smog and traffic. This makes the city of Colorado Springs one of the best places to live in the United States. Real estate investors have also have an interest in the city.

The market conditions for Colorado Springs real estate are not in favor of sellers right now. In fact, buyers have control of the market. Houses currently spend about 2 months on the market. The average home sells for about $277,000. The average home price has been rising over the past few months and is expected to continue to rise.

There is much hope for Colorado Springs real estate. The job market is expected to increase bringing in at least 10,000 new jobs. Whenever there is a boom in the job market in a city, there is a subsequent boom in the real estate market. This is expected for Colorado Springs real estate.

New construction will bring in a much needed supply for the increase in the job market. This will lead to seller control of the market.

Colorado Springs Real Estate investors would do best to purchase real estate in the city now. Since buyers have control of the market, investors will be able to negotiate lower prices on even the high-end real estate. Once investors have purchased the property they should avoid selling for a few months until the market has begin to favor sellers.

Investors that currently hold Colorado Springs real estate should also hold their properties until market conditions improve for sellers. It is unlikely that high profits will be gained from Colorado Springs real estate at this point in time.

There is hope for investors to make a profit on Colorado Springs real estate right now. That can be done through the purchase of foreclosed real estate. Since the foreclosed real estate is auctioned off and sold at a price much lower than market value, investors have a better chance of getting profits this way.

If you are considering purchasing a foreclosed home, it is best to research the market value of the home before making the final purchase. This way you will be able to tell how much you will be able to sell the house for. It would be unfortunate to pay a high price for Colorado Springs real estate and not be able to resell it and make a financial profit.

Although the Colorado Springs real estate market does not favor sellers at this point, that does not mean that all hope is lost. The expected job market boom and increasing economic status of the city will serve to improve the market conditions in the city. If you are currently a buyer for Colorado Springs real estate it is in your best interest to buy now before the prices begin to rise. Sellers of Colorado Springs real estate should hold their properties until market conditions change.

Ben Hirsh
http://www.articlesbase.com/Business-articles/colorado-springs-co-real-estate-market-97966.html

Real Estate Leads 101: it Takes Time!

Friday, December 4th, 2009

Online lead generation companies are a huge source of real estate leads for Realtors and a great resource to help grow an agent’s business. However, many lead generation companies are constantly slammed by agents who have used the service and had little, if any success with the real estate leads provided. In my experience, this dissatisfaction often comes because the agent has unrealistic expectations of the service and little to no knowledge on how to develop a good follow up campaign with their real estate leads.

The first thing you need to realize as an agent is that lead generation services aren’t magic listing trees. Typically you shouldn’t expect to get listing after listing from a service. Most services work on the following basis: they provide online marketing in the agent’s specific area, the natural result of which is homeowners in need of information filling out lead contact forms. This contact form is sent to the agent in the area, and that is their “lead.”

So what does this mean exactly? W ell, it means the real estate leads provided will be people with different types of real estate needs and in different stages of the process. If an agent signs up for a service for a 3 month contract and expect a listing within the first month, they are likely to be disappointed. Immediate listings with real estate leads DO happen, but they aren’t the norm.

Realty Times analyzed more than one million real estate leads captured and cultivated online and then compared them to public records of home sales from across the country. They found that only about 7.3% of consumers sold their home within 3 months of filling out a lead form, but the percentage grew to 22% after 12 months and to over 40% after 28 months. This means that purchasing real estate leads online is a LONG TERM investment, not an immediate source of money. Real estate leads generated online MUST be aggressively followed up with to convert them to clients!

Therefore, as a real estate agent, you must look at lead generation services in the same light as other marketing endeavors. When you implement direct mailing campaigns and send out information several times a year to 5,000 homes, do you expect to get 5,000 listings within the year? No. Direct mailings are more likely to result in accumulation of real estate leads over the next year or two which you then must nurture into clients looking to buy or sell.

There are typically four types of real estate leads received by online lead generation companies: buyers, sellers, refinancers and fakers. Buyers may be in different stages of the process, as may sellers, so you may have to follow up for 2 years before actually getting their Business, or you may have a listing within 3 months. It depends on where the consumer themselves are at in the process. Obviously buyers have a great potential – you may be able to sell one of your listings to them and if they need someone to list their current home, you’ve got a double whammy of a lead. Same goes with a seller looking to list – maybe they’ll be interested in purchasing one of the homes you already have listed, and if not, perhaps they’ll still consider you for a buyer’s agent to represent them when they purchase a new home. Again, a double whammy of a lead.

Just because the seller isn’t going to sell for 2.5 years doesn’t mean you should drop them – on the contrary, you now have 2.5 years to get a leg up on the competition by working closely and sending the lead any information to make their real estate process easier. It all comes down to an agent’s sales ability – lead generation services can get your foot in the door, but it’s up to you to sell yourself to your real estate leads.

Often real estate agents complain the loudest about getting Real Estate leads of people looking to refinance or get a home equity loan. “These aren’t real estate leads, I’m not a broker, what am I supposed to do with this lead, it’s worthless,” they say. That is absolutely FALSE and the wrong way to look at these leads. First off, any real estate agent worth their salt should have a close working relationship with one or more mortgage brokers to refer these type of leads on to. In the spirit of reciprocation, the mortgage broker should be referring buyers and sellers back to you!

Even before you refer the refi lead to a broker, you need to do some work on your own. Talk to the lead, get to know them and their situation, educate them in anyway possible on refinancing as opposed to buying or selling. Sometimes these leads can be converted to listings, depending on what their situation is and what path makes more sense for them. Even if they do wind up going to your mortgage broker, that’s still one more homeowner out there that knows your name and how willing to help you were – they may wind up needing you a few years from now or referring their Family and friends to you. You never really know what could come of your real estate leads unless you try.

Last but not least, we have the fake real estate leads – people who fill out information forms but give not ONE good piece of contact info. A lead that has a fake name, number, email and property address is admittedly, a bad lead. There’s no way to contact the person and find out who they are. However as long as even ONE piece of information is correct (name, phone number, property address) then a little detective work with public records can help you get to the bottom of the lead. Agents who consider a lead bad just because it has a fake name will wind up missing out on MANY commission checks.

The best way to have success with real estate leads generated online is to have a strong follow up campaign. Give the lead service a chance to work for you, but be realistic – not all leads turn to listings and not all listings happen overnight. Patience and persistent and consistent follow up is the true path to success with real estate leads and online generation companies. It just takes time.

Ashley Lichty
http://www.articlesbase.com/marketing-articles/real-estate-leads-101-it-takes-time-137328.html

Coming Up With a Real Estate Closing Gift Idea

Friday, December 4th, 2009

The real estate closing gift idea is a fairly new concept for real estate practitioners. Many practitioners in real estate frown at the idea of giving a closing gift to one of their clients. More than likely, they have not embraced the idea because to them it does not seem like good business practice. Even though it may be new to the real estate industry, the idea of giving a gift at the close of a deal is not new to the business world. In fact, it is a practice that has been going on for many years. The practice of giving business gifts has proven to be a good relationship builder in the business world. The same can be true for real estate.

It is not difficult to come up with a real estate closing gift idea. There are some standard gifts that you can consider giving to your client. Alternatively, you can come up with a personalized real estate closing gift idea based on what you know about your client. In the weeks leading up to the close of the real estate deal, you, more than likely, spent a great deal of time with your client. During this time you probably learned something about their tastes. If this is the case, then you won’t have too much trouble coming up with a suitable real estate closing gift.

Once you have come up with a real estate closing gift idea, there are some other considerations that you should take into account before purchasing the gift. The price of the real estate closing gift idea is important. While it isn’t appropriate to spend a great deal of money on a gift, it is also inappropriate to purchase a cheap gift. In fact, it is better not to purchase a closing gift than it is to purchase a cheap gift. Your real estate closing gift idea should be something that the client can use in their new home. Consider the selling price of the home and the affluence of the buyer as you evaluate your real estate closing gift idea.

Add your personal touch to the real estate closing gift idea. This will take a little more time and effort, but the effect that it will have on your Business relationship will be well worth it. When you add a personal touch to a real estate closing gift idea it conveys just how much appreciation you have for your client. When you can effectively express your appreciation for your client through a Real Estate closing gift idea the client will be sure to have positive things to say about your business relationship.

The real estate closing gift idea you have should have staying power. The longer the gift lasts, the more the client will be reminded of the service you provided. A long lasting gift provides more chances for the client to talk about your services. This is a subtle way of generating referrals for years to come.

Once you follow through on purchasing your real estate closing gift idea and giving it to the client, you can follow up with smaller tokens of appreciation. Consider sending a card or giving a phone call to your client at key milestones after the closing. For example, thirty days and six months after the close of the transactions are good times to follow up with your client. This will serve as a reinforcement of the good will that your gift giving generated.

Your real estate closing gift idea doesn’t necessarily require a great deal of thought. Remember that the more thought you put into the gift, the more positive things the client will have to say about you. Only give the gift as a genuine token of appreciation, not to smooth things over with a deal that went sour.

Real estate closing gift idea – 13

Ben Hirsh
http://www.articlesbase.com/business-articles/coming-up-with-a-real-estate-closing-gift-idea-98514.html

Scottsdale, Arizona Coldwell Banker Real Estate Guiding Home Buyers and Sellers

Friday, December 4th, 2009

When buying or selling a home in Arizona, it may be a good idea to do some research before selecting a Real Estate professional. There are several Realtors and Real Estate firms to choose from. How do you know which one to choose? Which firm will represent your best interests?

Coldwell Banker Residential Brokerage in Scottsdale, Arizona is extremely aggressive when talking about putting your needs first, and making sure your best interests are represented. There is always two sides to a Real Estate purchase contract. There is usually a buyer, and a seller. It is rare when one firm represents both sides, but is absolutely legal as long as both parties agree and sign documents allowing one firm to represent both sides. Depending on which side you are on will determine the course of action a firm will take with you.

Scottsdale, Arizona Coldwell Banker Residential Brokerage help people buy and sell homes all over the state in cities such as Scottsdale, Phoenix, Paradise Valley, Mesa, Chandler, Gilbert, Cave Creek, Peoria, Coolidge, Queen Creek, Avondale, Buckeye, Tempe, Surprise, Glendale, Anthem, Casa Grande, Apache Junction, and all the metropolitan area cities just to name a few. When purchasing a home, just let your Realtor know which city, which zip code, which school district, or which neighborhood you want to live in. Real Estate agents are unable to steer you in a certain direction, so it is important that you have a good starting point for your Real Estate professional.

When purchasing a home, tell your Realtor what is important to you. Let them know what amenities are important to you and they should be able to help you find what you are looking for. A Realtor will do a search on the things you tell them. Real Estate agents can search available homes by price, city, zip code, square footage, year built, type of roof, size of the lot, school district, and style just to name a few.

Once you have found a home in your price range, your Realtor should represent you through the purchase contract. They should make sure that everyone one involved in the purchase contract are on the same page. Your first step when purchasing a home is to get pre-qualified for a loan. If you have a lender that you work with, that lender will be able to tell you how much you are qualified for, and what your price range is by analyzing your Finances. This process usually only takes a few hours. If you do not know of any lenders your Realtor should have a good recommendation.

When selling your home, a good Realtor will come to your home, take pictures of the home for Marketing purposes, and get all the paper work filled out and signed. Once all the paper work is filled out and signed, the home should be on the market within a few hours. Good Real Estate firms will market your home effectively by putting your home on the MLS, in newspapers, in magazines, send out mailers to the neighbors, put a sign in the yard with info tubes, and hold open houses just to name a few.

With Scottsdale, Arizona Coldwell Banker Residential Brokerage, your home is featured on several national and local websites. So many people are moving to Arizona so it is extremely important to attack the out of state markets. The more exposure your home gets, the more chance it has of selling. When discussing home selling in Arizona, with the current market conditions, it is extremely important to price your home correctly. If you owe more than your home is worth, it may not be a good time to sell.

Real Estate markets are cyclical. What goes up may come down. Unfortunately, no guarantees can ever be made by a Real Estate agent. However, a good Realtor will answer all of your questions, have all of the paper work ready for you, and represent you in an ethical manner. A good agent will hold your hand through the entire process. For those home owners with lots of experience buying and selling property, they usually know the drill. Scottsdale, Arizona Coldwell Banker Residential Brokerage may be a good choice when seeking representation in Arizona. We can schedule a free, no obligation consultation on any of your Arizona Real Estate needs or questions. Please visit the website below to get in touch with a qualified, aggressive, honest Real Estate agent.

Nick McConnell
http://www.articlesbase.com/real-estate-articles/scottsdale-arizona-coldwell-banker-real-estate-guiding-home-buyers-and-sellers-137735.html

Columbia, Sc Real Estate Market

Friday, December 4th, 2009

Columbia, South Carolina has one of the best real estate markets for investing. Columbia real estate moderately priced, not too much higher or lower the national average for home prices. Even so, the real estate market in this area market is experiencing a period of growth. Currently there are indications that profits can be made from investments in Columbia real estate. It isn’t one of those cities where the seller’s have absolute control, so investors won’t be making huge profits hand over first. But it also isn’t a strong buyers market, so sellers haven’t relinquished all control of the market.

To be successful in Columbia real estate investments, it is important that investors are aware of the kind of investment strategy to use for the area. There are no opportunities or investors to make quick gains in the area. However, if the market continues to grow at the current rate and the demand continues to increase there could be the potential for such gains might be available at some point in the future. Investors should keep a watch on the trends for such an opportunity.

For investors to be successful in Columbia real estate investing, they must be patient with the real estate market. The market does not have the conditions that are favorable for investors to make significant gains in a short amount of time. Investors that are familiar with market trends and have the ability to wait on the market will receive the most financial gain for their investments. Other investors will do good to break even in the market.

Investors must have properties priced right for them to sell. Properties that are priced too high or too low could sit on the market for weeks or even months without selling. Buyers aren’t jumping at the opportunity to purchase homes so they won’t settle for anything less than want they want. Setting the right price is kind of like playing a game. Unless investors play by the rules, they could find themselves in possession of property that they aren’t able to get rid of.

Both investors and home sellers will receive the best results by setting home prices right the first time. If this doesn’t happen, buyers might ignore the property and it could be left sitting on the market for an extended period of time. The seller might adjust the price several times while the property grows stagnant and unattractive. Meanwhile buyers are spending their time on properties that are priced the way they would like for them to be.

Setting the right price for Columbia Real Estate isn’t difficult. The best way to determine selling price is to compare to properties that have recently sold in the area. By doing this you can an estimate of the prices that are attracting buyers.

Because price is one of the most important things right now for Columbia real estate, investors and home sellers alike must set the right prices for properties to make the sale as timely as possible.

Ben Hirsh
http://www.articlesbase.com/Business-articles/columbia-sc-real-estate-market-98476.html

Real Estate Leads 101: Bad Agent, Don’t Do That!

Friday, December 4th, 2009

So you know different ways to follow up with your real estate leads, you even know when to do it and how often. What you may not know are a few things that you should NEVER do with your real estate leads, no matter what.

You don’t ever want to TRASH your real estate leads. No matter what information may seem fake, it is up to you to follow up and track down the lead in order to help them out. If you want Business, you will take the time to thoroughly follow up with your real estate leads.

Don’t give up after a short amount of time. So in the past month you’ve called the lead 10 times, e-mailed them 20 and sent out 2 different information packets. You’ve gotten no response yet. Please understand that YET is the keyword here. Just because your real estate leads don’t respond after a month, doesn’t mean it is a bad lead, it simply means the lead isn’t ready to deal with an agent. You need to show them that you will be there for as long as it takes and you will help them with anything they need. Continue to follow up, call, mail, email and if you haven’t, you should DEFINITELY stop by the property and try and introduce yourself. The best way to get a feel for a person is to meet them face to face.

Do not EVER be rude to your real estate leads, no matter how ignorant they are to you. Some people are just nasty, period. That doesn’t mean you have to be nasty back, if anything, you should be even NICER, because you will always catch more flies with honey than salt. If your real estate lead was looking for information just because, don’t yell at them for wasting your time. Treat them as if they have a million dollar home you’re trying to get the listing for – you never want to burn a bridge when it comes to Real Estate leads. Today’s pain the butt may wind up being tomorrow’s $10,000 commission.

Don’t be too immovable or rigid in your dealings with your real estate leads. If a lead wants to negotiate your commission, then negotiate. Because it is almost guaranteed that if you’re not willing to work with them, they can easily find someone else who will. For example, I knew an agent who turned away a lead because the homeowner wanted them to sell their home for a 1% commission to match what a Help-U-Sell Office offered to sell for the lead. The agent turned the lead down flat because 1% wasn’t worth her time. Later, I found out the home that was in question could sell for close to a million dollars! Even at a 1% commission that’s almost $10,000. And who knows what kind of referrals the agent could have gotten from the homeowner for being so flexible. But the agent was more worried about what she considered “worth her time” and wasn’t concerned about servicing her real estate leads.

Finally, don’t ever treat your real estate leads like money bags. People can see through a greedy agent in a heartbeat. If you’re only there for the money, your lead will see this and will move right on to the next agent. Real estate isn’t just a sales position, it is a customer service position as well. Because it’s such a popular field, there’s always another agent there to take your real estate leads right out from under you if they catch you slipping and your real estate leads have PLENTY of options if they decide you’re not the one for them. The important thing is to keep in mind that they are people who need your expertise to see them through a complex and confusing process, but you aren’t the only one who can help them. You want to treat your real estate leads with the same respect and attentiveness you would give to someone who just listed a multi million dollar home with you, because when it comes down to it, you are there to work for THEM.

Ashley Lichty
http://www.articlesbase.com/marketing-articles/real-estate-leads-101-bad-agent-dont-do-that-137336.html