Real Estate

do realestate have anything to doo with make…4 example..the person thats selling the house do they have to deal with math?

no, you don’t really need to know that much math. you will have to MEMORIZE things such as how many feet are in a mile, but only for the real estate exam.

marketing real estate SHOULD involve you really and truly wanting to help PEOPLE. some of that will require you to learn a few little math tricks, but you just buy a calculator and have the mortgage broker that you like, who is reputable and caring also, give you a little card that will give you applicable rates, so it’s easy to figure out the principal and interest charges on a mortgage per month. it is so easy!

as for comparables: the computer does all the work. you have to get to know the BUSINESS of selling real estate, which has everything to do with people skills and high ethics. your business will be easy if you attain a good reputation immediately. your clients will send you clients (ask them to), and so on. then you do not always have to search for new business.

the real estate field is only this: service, service, service for people, people, people, who want location, location, location. that is all it is. the better you understand that, the better you will be in the business. if you need to understand math for some client’s question, you tell him you don’t know the answer right then and there, but will be happy to call him immediately after you talk to your manager. the broker manager where you work will show you how to calculate whatever figure he wants. then you call him, that same day, with what you promised you’d get for him. that is called SERVICE.

ethics come into play because the most important thing for you to do as an agent is to act as an AGENT (look that word up in a few dictionaries). that means that you always put the interests of your client ahead of your own. you protect your client, who is sometimes a seller and sometimes a buyer, and occasionally (this one can be tough) a dual agent for both parties. you get help from your managing broker in such a situation and handle it carefully. remember: it is the client that counts. you will count soon enough, when you close the deal, but before then, all that counts is your service to your client.

i wish you all the luck i can! this is a very stressful business. you never know from one year to the next how you will continue to live. some years are lean, some are fatty. save money from those that are fatty!

I’m planning on moving to San Anotnio to renevate and sell houses and keep some of them for rentals. Does anyone have some info that leed me in the right direction? Also How is it living in SAn Antonio?

Hi Jessica, I live in San Antonio and the real estate is cooling off but not experiencing the drop in real estate market like in Dallas and other cities. People will say "NORTHSIDE! NORTHSIDE! NORTHSIDE!" but I think it’s a overbuilt market that is very susceptible to the overall national downturn in real estate. There are actually some great fixer uppers in the Southeast side. Any neighborhood along I37 south of Southcross out towards Military Drive. Good deals to be made down there. I also suggest checking out neighborhoods in the NOrth Central area. That would be north of downtown, East of I-10 but West of Hwy 281 and no farther North than about Basse Rd.

Also check out www.sareia.com

It’s the website for San Antonio Real Estate Investor Association. It’s basically a business association catered to people like you (and hopefully me one day).

Good luck. I love living in SA. I’ve lived in other towns but San Antonio is my home.

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I am in the market for buying a home in silicon valley California. I was visiting an open house and got talking with the agent there. According to her it is important that the buyers agent has over 3 years of experience. An offer will get accepted based on the $ amount offered, experience of the agent and how he/she presents the offer and how well known the buyer’s agent is. Hiring an agent who is relatively new and less known will definitely hurt the buyer.
I was wondering how true this is. Also what is involved in "presenting" an offer, what does the buyers agent do?
Thanks
MNN

I would call 3 years green. I would want 20 plus myself.

Connections count. Believe me, there is plenty of back scratching going on! The sellers will not know about it, but the agents can influance how fast and how to their liking certain things are done (like appraisals, inspections).

The only thing I can think of in "presentation" is getting everything correct. The offers are done on forms and there isn’t much to it.

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I know right now is a bad time for the price of a house, but does anybody know what city (cities) give the best return when buying a house in a normal market?

san francisco

interested in buying another house but afraid that my other house wont sell before i close on the other one. i cant afford 2 mortgages, yet it seems people do this all the time. how do they do that?

Better idea is to get a bridge loan from your lender. Anyone who will buy the house under the conditions you are stating will offer you a very low amount. Real Estate people will be very happy fo offer you 50% of what the house is worth and then flip it at a higher price to someone.

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HALO
Tango Squad is set in the Halo universe, and centers around a small squad, and I mean small, that has been tasked with guarding something. While this may not seem interesting in itself, it leaves a lot of time on their hands to discuss various topics.
This is the Third Episode of the series where Private Harris may have determined the cause of the war.

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If I purchase realestate, (residential duplex) to rent out for investment purposes, can I write off the closing costs?

Absolutely! In fact, your escrow company will send you a statement at the end of the year to give to your accountant.