The GREATEST real estate agent in the world is an interesting topic of conversation as well as being a contest.
Now, let me explain first that I do not consider myself the “Greatest real estate agent in the world Panama City, Florida!” but I do consider myself a very adept and professional real estate agent who offers the finest real estate services in
However, this sounds like a fun contest and I thought I would enter and have a little fun with it.
So, let’s begin…
I believe there is much more to the true nature of being the “Greatest real estate agent in the world”, I also believe that it’s about understanding, learning and offering the greatest real estate services available. Anywhere!
What goes into being the “Greatest real estate agent in the world“? Well, in my opinion there are allot of things agents can do to help their primary focus of selling real estate and assisting their customers in purchasing real estate:
Advertising - The agent must be focused and advertise not only to achieve a strong market penetration, but also be able to reach the most qualified readers for their advertisement.
Market and Product Knowledge - The agent must maintain a strong and thorough knowledge of their local real estate market. To this they must spend hours researching sales and listings, expired listings and withdrawn listings.
Honest and ethical - One trait I believe sets the “Greatest real estate agent in the world” apart from other agents is their ability to be honest and hold their morals and ethics to the very highest of standards! Their dealings with not only their clients and customers must exemplify high moral and ethical behavior, but also their dealings with other real estate agents as well as supporting professionals such as Loan offices, builders, contractors etc.
Investment foresight - I believe another strong trait is the ability to be able to discern which properties make the strongest case for their clients and customers investment strategy. Not only being able to calculate rates of return, Gross Rent Multipliers, Potential Gross Income and other variables but also understanding how these variables affect the purchase of a customers or clients real estate investment strategy!
Technology insight - Being able to not only understand the technology that exists today to assist a real estate agent in their business but also having the ability to apply that technology is a paramount consideration today.
As technology becomes a more important part of our daily lives, it also becomes a primary tool to provide additional services and assistance to real estate agents clients and customers.
The application of technology, aside from having a website is no easy task. After all, the expertise of real estate agent is selling real estate! However, the ability to utilize and implement effectively the available software and hardware in an agents business will allow that agent to be recognized as a leader in their market and industry.
These are but a few of the factors that go into making the “Greatest Real Estate Agent in the World” a reality for any real estate agent in today’s highly competitive real estate market.
In my opinion, there is so much to becoming the greatest, that to actually decide who this person is would be beyond the abilities of most experts today.
However, we as real estate agents must continue to strive to be the best we can be for our local market place. Our eye on the prize of being the “Greatest Real Estate Agent in the World” should remain our focus through out our careers.
Step 1: Check Your State’s Requirements
Each state has their own Appraisal Regulatory Board that administers and regulates the licensing and certification of appraisers. For the most part, the pre-requisites should be fairly uniform as they are set by the Appraisal Qualifications Board or AQB of the Appraisal Foundation.
As of January 1, 2008, to become a licensed residential appraiser you will need:
- 2,000 experience hours
- 90 education hours
- pass the exam
To become a Certified Residential Appraiser, you will need:
- 2,500 experience hours
- 120 education hours
- pass the exam
To become a Certified General Appraisal, you will need:
- 3,000 experience hours
- 180 education hours
- pass the exam
Words can be fun. English words are particularly interesting as they are born from a variety of sources. Although it is a Germanic language, about 50 percent of English is based on Greek and Latin. Have you ever thought about the origins of certain words? Take the word “phony,” for example. British crooks once used different secret code words. On of those was “fawney,” which alluded to a gift ring. The thieves would sell these rings, claiming that they were made of actual gold. So, the word “phony” began to refer to anything that was unreal. Another interesting word origin is connected to the word “hazard.” This is derived from the Arabic term, “al zahr.” What does it mean? The dice. The term became related to several games that used dice, in Western Europe. They learned these games during the Crusades, which took place in the Holy Land. Later, the word became associated with danger, because some people cheated with adjusted dice, and gambling was always a risk. Similar to the examples given previously given, a second mortgage home equity loan may also seem complicated. But it is actually fairly easy to learn when it is broken down.
How about the word “mortgage”? “Mort,” meaning “dead,” is from the Latin “mortuus.” The word “mortgage” itself is from the Anglo-French word with the same spelling. But why would death be related to a mortgage? Sir Edward Coke, who was born in the 16th century, believed that it was based on whether or not the mortgager would pay his debt. If the person could not pay his debt, then the land was taken from him, and became dead to him. But if the person paid off the mortgage, then the mortgage owed became dead to him. That helps to explain how a second mortgage home equity loan works.
One Debt, Two Loans
So what’s the meaning of a second mortgage home equity loan? This type of loan is useful in restructuring your debt. Applying for this loan is much simpler than applying for the original loan. To secure a second mortgage home equity loan, you must have good credit and be capable of documenting your income. And while zero or no-equity loans let you borrow a maximum of 125 percent of your home’s value, be cautious. Those loans have interest rates that are higher, and have stricter standards for qualifying. Two types of home equity loans exist. A home equity loan is a lump-sum loan that, like the majority of first mortgage loans, requires regular payments. However, the closing costs of a second are lower than those for a first mortgage loan. The fixed rates for home equity loans are a little higher than the rates on first mortgages.
The home equity lines of credit, or HELOC, are another type of potential second mortgage home equity loan. The differences include:
* The account can be used as long as funds are available. Think of it like a credit card, with a balance and an available credit line.
* The interest rate can change each month. So this type of second mortgage home equity loan is ideal when low interest rates are available, but are hazardous after interest rates increase.
* After a future time, such as 5 to 20 years, you cannot draw against the account any longer. You will then have to make monthly payments on the loan’s principal and interest.
Words can be fun when we know what they mean and where they come from. Likewise, the second mortgage home equity loan can provide several options after you have mastered what it is.
It’s not hard to look for a real estate agent. Just put a for sale sign in the yard and wait for the phone to ring. Now you ask ,, how do you find a good real estate agent? You can start with the newspaper.
Pick up the Saturday or Sunday paper – whichever day they have all the properties for sale in your area. You can also collect a few real estate guides to look through. Browse the listings to find properties much like yours. If you are selling a cabin, you need to look for cabins for sale. If you sell a lakefront mansion, search for those.
When You find similar properties, note the names and numbers of the agents which are selling them. The concept here is to find a real estate agent that has experience with your type of property. A real estate agent that has all of the million dollar homes may not be the very best to market your mobile home, for example. You want agents which have sold or are selling several properties like yours.
Things to Ask A Real estate agent
1. When You call the agents – and it’s best to call several – you want to verify they do have experience selling properties like yours. Ask for examples.
2. Ask the things they’re doing to promote a property. Any agent can place an ad and put your house in the multiple listings. Do they have existing leads – people looking for properties like yours? Will they let other agents know about your property? Continue reading
Better interest rates, lender service and investment opportunities often drive borrowers to consider refinancing their home loans. Refinancing could be a practical solution only following a thought on all the info about mortgage refinance.
What is refinancing
Refinancing describes a brand new loan obtained with a borrower by having an existing mortgage or loan. The proceeds of the new loan are used to pay off a current mortgage for various reasons.
Change interest rate
Rates of interest are some of the essential info about mortgage refinance that the borrower must consider. Loan agreements bear different rates depending on the circumstances of the borrower and of the market at that time the borrowed funds was obtained.
Interest rates fluctuate with time and could grow to be lower whenever a loan is refinanced. Availing of lower rates can significantly reduce a borrower’s repayments or shorten the borrowed funds term. In some instances, an earlier mortgage may have been negotiated at a variable rate that the borrower may now desire to secure by refinancing at a fixed interest rate. Continue reading