Real Estate

We were recommended to this agent who seems to have good track record and reputation. However, we have been out on our own for the past two weeks to look at houses. This agent just email us listings and gives us some additional info over the phone. Although we have 4-5 months window for shopping around, we feel we need to start looking right now rather than waiting till last month then make a hasty decision. Is it considered normal practice for agents to not taking clients around to see houses? We thought it otherwise.

Let me let you in on a little secret about realtors or agents. They have a system that most of them are taught which is as follows…………..

Buyers fall into three catagories –

A – Buyers will buy now

B – Buyers will buy in 2 to 4 weeks

C – Buyers will buy in 6 months

Now given the above, who do you want to work with and be available for?

I’m not saying that B & C are not as important, on the contrary situations change quickly and a good agent or Realtor knows this and keeps all options open.

Call and tell him that you have the time now to look and that you want him to show you the houses available. He is aware of those listings (sellers) who may wait a little longer if they know that their house was wanted. If he says no, I don’t want you to find something you like now and it won’t be available when you are actually ready to buy, then he does care enough to give you service later down the road. If his answer is well you don’t seem to be ready…………………get another agent or realtor. This guy might have a good reputation but those agents usually come with egos once they pass a certain point in their careers (2 to 3 years).

I want free information about realestate investment that doesnt require a fee and doesnt want me to purchase any iformation regarding this informstion.

No Money Down usually doesn’t mean there is no downpayment. It just means the money down it isn’t your money. Which if it isn’t your money, it’s usually money you are borrowing, or money coming from a partner who wants a share of the ownership in some way, or a share in the future profits.

The idea of paying money you don’t have for real estate courses, is the fundamental premise to No Money Down investing in real estate. If you can find money you don’t have to pay for the courses, maybe you can find the money you don’t have to pay for the real estate you want to buy.

Yes, after finishing the courses you can call yourself a real estate investor, but you will find you are just one of many who call themselves that term. There is risk involved in any real estate investment. Buying the piece of real estate is just one of the steps to making money. You can be an investor who loses money as easily as you can be an investor who makes money.

Many of the No Money Down courses you see on late night TV want you to find a property and real estate deal that fits the guidelines the course sets out. When you find such a property, you call someone else to help you with the next steps and the future profits are split (usually quite unequally) among all the parties involved.

"No Money Down" is not a myth. It is a concept used by developers, and real estate purchasers of every size, from very small scale investors, to mega-million dollar and billion dollar investors. It is a premise used in commercial real estate all the time. The deal is structured in such a way as to make a profit for the purchaser. Any money used as a downpayment is returned with interest, making the deal essentially, a No Money Down one.

Property is in first stage of Foreclosure.

Probably not. It is probably the amount of money that the loan is in arrears. Then you would have to finance the actual amount left on the loan. Now it could be a property tax forclosure inwhich case, the property could be owned outright by the owner but they owe 29,000 in taxes and you can buy the property simply by paying the owed taxes. It is something worth checking out.

What are the most important things to see (like gas system ,etc.. ), when buying properly in uk?
Yes, that’s what i asked.Thankyou.

Are you asking how much estate agents in the UK charge? If so, they typically charge the seller about 2% of the sale price. I don’t really understand your question.

A realtor showed me a property that was obviously run down, but for whatever reason, I really fell in love with it. He didn’t mention anything about it being not insurable, and I am now wondering if he is obligated under any particular directives to share that information. Is it my responsibility to pay for an inspection and send that to an insurance company before knowing whether or not it is insurable? Thanks for any info.

Yes, it is your responsibility. The agent has no way of knowing whether or not a particular insurer will write a policy on a particular property. The job of the real estate agent is to sell the property. Checking into insurability is NOT a part of that job.

I have a condo in the Boston area that I plan on selling in about 9 months to a year and want to know what are the best low commission realtors in the Boston area. I don’t want to pay more than 3% commission to a realtor, but want some level of service. The services I would need from the realtor are Multiple Listing Service (MLS), provide paper work for sales agreement, and closing, and negotiation with the buyer(s). I don’t mind conducting our own open house and preparing our condo for sale. Any suggestions greatly appreciated.

You could try http://www.redwoodfsbo.com

The Managing Director is Owen Jamison his number is 978-998-7153 very skilled, great guy in general.

Tell him Reggie said Hi !

Anyone can tell me where to apply and get the application form to be realty agent in Vancouver BC?

Check this site out

http://www.bcrea.bc.ca/potential/licence.htm

Starting a LLC with a few family members to invest in some realestate what should the bylaws for the Corporation Be ?

In my opinion, this is not the time to invest in real estate. It’s the buyer’s market sure, which only means you must have the capacity to sit on a property (sometimes for several months) without revenue.

You might have a better chance with corporate real estate (leasing, apartments, condos, etc) though. It all depends on your location and what the economic climate is over there.

Can anyone get me a realcomp.com online login name and password, I would like to access this site to pull up my own comps listings, Please don’t just tell me to sign up. Can I borrow anyones? I just need it to access information on homes up for sale.

Thank You!

They charge for the site for a reason… Are you really asking for someone to help you cheat?

You can get the info you want for free from calling a local Realtor….

i want to be a realesate investor when im older, but my aunt, who is one, suggested that i get a job at a realestate or law firm. i wouldnt be a reprasentative or a consultant just somone who sorts or helps out with files. it would make starting my company that much easier.

Probably the closest you would get would be babysitting the lawyer’s kids…..most basic minimum wage jobs require you to be at least 15 due to child labor laws. You could ask around about maybe "interning" or shadowing but you won’t find actual work. I’d admire your work ethic though and so will those you want to work for…..