Posts Tagged as Selling Real Estate

Consumer Empowered Real Estate Information Changes Agents' Selling Models

App Recommendations for Real Estate Agents – for Mastering Productivity

Looking for real estate agent productivity tools to help you make the most of your ever-shrinking calendar? No matter how or where your schedule’s ailing, rest assured, there’s an app for that.

Don’t Miss Out on these Great App-Driven Real Estate Agent Productivity Tools:

– Evernote:
Let no crucial bit of information or flash of inspiration be lost. Create notes and sync them across your phone, tablet, and computer, adding thoughts and ideas easily from anywhere into the Evernote app to revisit later.

– Wunderlist:
Supercharge your to-do list with Wunderlist, quickly adding tasks with reminders and timers to ensure completion.

– Habit Bull:
Habit Bull helps you nurture productivity-building tendencies, tracking your successes. Enter the routine you wish to develop, checking it off in the app when complete. Stumble, and your success rate take’s a hit.

– Calm:
Nonstop work is not good for health or productivity. Calm provides a variety of easy meditation programs of varying focus (stress reduction, concentration booster, confidence-building), allowing you to recharge.

– Rescue Time:
Wondering where your day went? Employ Rescue Time to monitor screen time (or block social media), identifying opportunities to maximize productivity.

– Noisli:
Engage background noise to overwrite distractions, boosting concentration and productivity.

– Sunrise
This popular calendar app can automatically integrate events from any other app you allow it access to, making it easy to integrate your entire to-do’s into an easy-to-follow format.

– Inbox by Gmail
Turn your email account into a to-do list, prioritizing, pinning or snoozing on email tasks.

– Podcasts:
Gain inspiration, discovering a life/work hack, gaining motivation and applying these principles to your business.

– Cloud Storage:
Dropbox, OneDrive, and Google Drive offer quick document access and safe backup from anywhere, allowing you to boost productivity from anywhere.

Looking for ways to make your work day a little less stressful? Find the real estate agent productivity tools and tips you need with Properties Online today.

How to Help Your Buyers Win a Bidding War

In the News – Selling Real Estate in Another State Without a Proper License

In a recent California Association of REALTORS® real estate selling seminar, California Commissioner Wayne Bell answered this sticky real estate selling question: “Is it a California licensing violation for a California real estate licensee to transact out of state sales in violation of the out of state licensing law?”

Reciprocity is Not a Given
An on-going contact with the real estate commissioners of neighboring states, Commissioner Bell noted this question is currently under investigation by the California Bureau. He also pointed out the obvious: He suspected California licensees would not particularly care for it if agents from and licensed in other states transacted business in the Golden State.

Under Review
Though Commissioner Bell acknowledged the matter has merited further investigation and is not implicitly clear, he cited California Business and Professions Code (B&P) 10176(i) and 10177(j) regarding misrepresentation, fraud and dishonest dealings in real estate selling. He then expressed that the position of the California Bureau of Real Estate appears to convey that it is fraudulent to enter another state without a license from that state, and that such an action is unlawful. His word to the wise: Don’t do it.

Obtaining Proper Licensure
Are you putting your license at risk over a short form or state law exam? Many states offer reciprocity to real estate licensees from other states, particularly bordering ones, though agreement details vary widely from state to state. Those that don’t offer direct reciprocity typically don’t make licensure too heavy a burden for licensed agents. However, they do offer state real estate law-specific tests, allowing those looking to expand their reach to do so without the need to repeat basic real estate licensing coursework.

Looking for mutually beneficial sales and marketing tools that support the success of your real estate selling career? Stay on the right path with the help of Properties Online today.

Great School Districts Help Sell Homes!

5 Tips for Pricing Homes in Great School Districts

For families on the hunt for a new place to live, school district quality is of prime concern. Whether trying to keep kids close to friends in an existing district or seeking out one where the proverbial grass is greener, many are willing to pay up. But how much should real estate selling be influenced by proximity to a great school?

Setting Home Prices in Good School Districts Without Pricing Out Buyers
When puzzling out prices, consider…

  1. Statistics Lie
    Though 1-in-10 would pay 20% more, and 1-in-5 pay 10% more for homes in good districts, a significant portion of buyers will NOT pay these inflated prices for the school alone. And we all know the dangers of overpricing listings.
  2. Location is King
    As always, look to current sales in the area as a means of determining home value, running a full market analysis based on the school district as a factor.
  3. The Need for a Specific Locale Varies by School Type
    Public school ratings should be key when determining sales price. Though it is convenient for families to be close to private, charter, and magnet schools, public schools alone require an address in a specific area to attend.
  4. ‘Parent-Approved’ Walking Distance
    Homes within walking distance from schools can go at a premium. However, how far you think a child can safely walk home may differ greatly from what a parent thinks. Consider instead how many children are walking home in the afternoon – a couple, or masses – when setting your price.
  5. What Really Matters to Buyers
    In the end, the majority of parents choose the option best-suited for their child over square footage and amenities. Be mindful when raising prices, however. Your listing won’t be the only one on the market, and greedy pricing can push cash-strapped parents to acceptable neighboring schools.

Looking for A+ real estate selling tips? Find them at Properties Online today.

Time to Get Listed for the Season

Living the Dream: Taming Seller Expectations

In today’s sellers’ market, it’s easy for homeowners looking to list to be living with their head in the clouds. In this week’s real estate agent selling tips, we’ll look into common seller misconceptions that can cause homes to remain on the listing market.

Do You Need to Bring Sellers Down from these Listing Myths?

* You’ll always make money
Selling a home for more than was paid for it isn’t a given, and varies by market. This is where sales data offers key insight into realistic values.

* Price high to reel-in the dough
Sky-high pricing schemes can lead to listing lag-times. In essence, you’re sacrificing prime advertising time on the off-chance someone will overpay for your home. (Buyer’s agents advise shoppers to steer clear of these homes.)

* Overpriced? It’s no big deal to lower it later
Reality is, shoppers assume listings that have labored on the market have something wrong with them, and will look elsewhere – or underbid. Pricing right from the start facilitates a quick, easy sale.

* Low pricing stifles offers
This often counterintuitive strategy can offer big returns, drumming up massive interest – and bidding wars – as the competitive spirit (and egos) come into play.

* Past appraisals provide accurate pricing
Appraisals from past refinancing are out of date and do not properly reflect current value information. Much can change in a few months. The most reliable appraisals should be current – no more than 60 days old.

* Just add the cost of renovations onto the home price
Sellers often assume whatever money they’ve shelled out for recent renovations will be returned in-kind. But the truth is: the full investment is rarely recouped. On average, sellers earn back 64% of home improvements investments – but this return varies greatly by renovation/addition type.

Looking for real estate agent selling tips for the real world? Properties Online is tried and true. Discover more today.

New Agent? Don’t Fall Prey to these Antiquated Misperceptions

Why You May Want to Become a Real Estate Broker

In real estate selling, there’s such a glut of titles that clientele are often confused over monikers. Agent, Realtor®, associate broker, and the most auspicious, broker. What’s in a name? And why might you wish to aspire to something greater?

Varied Benefits
While any agent or broker can be a Realtor®, subscribing to the NAR and bound by its ethics and rules, the benefits and drawbacks of agent/broker titles vary. To give real estate advice, agents must be licensed, such that jilted customers have a means of recompense. Though license requirements vary by state, all must work under a broker, presenting less responsibility, but less opportunity.

To earn a broker’s license, greater knowledge is necessary to pass the more rigorous exam. However this added investment could net you…

  • The ability to venture out on your own, or become a manager.
    Agents must work for brokers, but a broker can work by themselves, keeping all commissions earned, or hiring and managing/mentoring others who work beneath them for a percentage split.
  • Greater commissions.
    While additional career options are a plus, the majority of agents choose to become a broker simply to earn a higher income. The NAR’s 2015 Member Profile illustrates the pay scale difference per title quite effectively.
  • Better splits.
    For those who don’t wish to venture out on their own or take-on added responsibilities, the position of associate broker at an existing firm typically commands a higher commission split than the average agent.
  • Property management.
    Every property management business must have a licensed broker on staff by law, offering an additional revenue stream – or an alternative career option. A boon in today’s hot rental market.
  • Added marketing opportunities.
    Whether you’re competing for a new job or new client, those with the initiative to earn a broker’s license rise above.

Ready to up the ante? Boost your real estate selling career with the help of Properties Online today.