Added for You - Real Estate

True Online Video Arrives This Year
Two things happened this week that brought my focus back to online video and where all this hoopla will eventually take us.First, I read an article about Joost, a peer-to-peer online TV distribution system created by the same people who made Skype (which sold to eBay for a gazillion dollars).Second, my wife pointed out to me last night that our TiVo box will soon offer the option to purchase and download movies directly from Amazon through our high-speed Internet connection.These two factors herald the true arrival of online video this year!Most people's experience with online video goes something like this: a friend emails a link to a video on YouTube.com or passes you a video file through your email pipeline.The video normally contains something to make you laugh, cry, feel inspired, shake your head in amazement, or something else I can't mention here in a family-friendly

Now that you have the information and know who has just entered into default on their property, what do you do?

Well, the next step for you is to pre-qualify or generate interest. Believe me... some of these leads can be a total waste of time. Don't get me wrong! I said some, which translates to a small percentage. But those very few can waste enough of your time that it's well worth having a prequalification system like we've built in our Foreclosure Mastery™ program.

Do you want to build your own Pre-foreclosure Prequalification System?

Here's how..

6 Tips for Advertising Your Rental Vacancy
When a landlord's current tenant is leaving, a property owner must ensure that the property gets leased for the next term before too much time passes and they loose significant money from having to pay the mortgage, utilities, and other vacancy-related expenses. Below are six brief but reliable tips that one can practice to quickly and efficiently get their rental property rented.1.) Newspapers - Newspapers are one of the most common methods. A nice ad that is properly worded can bring in great results. One must be careful though, because any newspaper ads over a week or so tend to get pricey. When using newspaper ads use the commonly accepted abbreviations for words like "bath," "bed" and others. This will save lots of money.2.) Flyers -This method isn't often used and takes a person with a salesman's mentality to carry it out, but if all other forms of advertisement haven't got

“How to Generate a Listing From a Pre-foreclosure”

Last time we had spent considerable time together establishing that a Pre-foreclosure was the best source of leads for you as an Agent. If you missed last week's training on that, you can find it by clicking the link below:

http://ezinearticles.com/?cat=Real-Estate:Foreclosures

So, how do you take that Pre-foreclosure lead and turn it into a listing? I'm glad you asked because that is exactly what we'll cover today together.

Before I get into the step-by-step on how to do it, I want to cover one very important point. How do we get the Pre-foreclosure lead?

Pre-foreclosure Information

There are just about as many sources for foreclosure information as there are for leads for other sellers that may want to sell their home. With Pre-foreclosures however, there are some even better (specialty) sources of this information.

Foreclosure Data Service Providers, like RealtyTrac, provide (sometimes up to the minute) real time data on foreclosures in any particular area. These service providers are often tied into your local county recorder's office. When a property goes into default, a legal notice is filed for public viewing. These foreclosure data service people are tied into your local recorder's office so they get this information the minute it gets published and forward the data to you.

It gets better... They take the data regarding the property and merge the homeowner's name, liens on the property, the fair market value (estimated), and sometimes even the homeowner's phone number.

How good (current) is this information?

Well, the information is only as good as your local county recorder's office. If they are computerized (most are nowadays) and up-to-date with inputting the data into their system, you can get information that is very current.

Are foreclosure data service providers the only source?

No... In some counties (especially the ones that are a little behind the times) your local title / escrow company can be a great source for the data. If you have an established relationship with one of these companies, ask them if they have their own data collection system in place. They often have a staff member at the county courthouse who helps other real estate professionals (YOU) obtain the data. They may even give you access to their system. It sure beats going to the courthouse (which you could do) and getting the data yourself.

Prequalification

Now that you have the information and know who has just entered into default on their property, what do you do?

Do you want to build your own Pre-foreclosure Prequalification System?

Here's how...

Business Security
Often, good business security is merely an afterthought, something you may only give attention to after a break-in has occurred. You may then rush to secure your business, but it’s best to take your time in selecting the right kind of business security for your operation.Businesses without alarms are 4 times more likely to be burglarized than business protected with forms of business security. Business security increases the safety of your employees and customers as well as your stock. If a criminal does manage to get in, business security helps keep the losses at a minimum. Here are some different ideas you can consider for your own business security plans.Business Security Tip #1: Protect the PremisesThe most common form of business security is the alarm system. Both wired and wireless systems are available. These systems can be easily installed and can be supervised by professio

e lead?

Pre-foreclosure Information

It gets better... They take the data regarding the property and merge the homeowner's name, liens on the property, the fair market value (estimated), and sometimes even the homeowner's phone number.

How good (current) is this information?

Are foreclosure data service providers the only source?

Prequalification

Now that you have the information and know who has just entered into default on their property, what do you do?

Do you want to build your own Pre-foreclosure Prequalification System?

Here's how..

What's In A Name?
"What does Tresaca mean?""How did your mother come up with that name?""How did you come up with Black Unicorn Communications?""What does Black Unicorn mean?"I have been asked these questions countless times in my life.The only choice I had regarding the selection of my first name was choosing the pronunciation of it. I eventually realized that the meaning of my name was up to me, and that it was much more than just a name.It was a part of me and I was much more than a name. My name could mean whatever I wanted it to mean, and like me there were no limits when it came to defining it.When it came to creating a name for my business, I did so with the knowledge that it was much more than just a name. It was also the beginning of creating the essence of what the name really means and what I wanted it to mean.What is the difference between your na

iled for public viewing. These foreclosure data service people are tied into your local recorder's office so they get this information the minute it gets published and forward the data to you.

It gets better... They take the data regarding the property and merge the homeowner's name, liens on the property, the fair market value (estimated), and sometimes even the homeowner's phone number.

How good (current) is this information?

Are foreclosure data service providers the only source?

Prequalification

Now that you have the information and know who has just entered into default on their property, what do you do?

Do you want to build your own Pre-foreclosure Prequalification System?

Here's how..

Want to Increase Your Business? First You Need to Understand where You are at!
Are you having trouble understanding basic situational marekting concepts? Then this article is for you.Alex Margarit shows you a simple step by step way on how to put together a basic situational analysis. Before developing any given marketing strategy it is important to conduct some form of analysis. This should form an essential part of any business or marketing plan and should be reviewed over time to ensure that it is kept current. Many of my clients often ask me what factors are important when doing this. The following is just a raw marketing 101 introduction to what to take into account when conducting an analysis and provides a checklist if you will of the most important factors to take into account. The elements worth considering include:Product SituationWhat is my current product? You may want to break this definition up into

is very current.

Are foreclosure data service providers the only source?

Prequalification

Now that you have the information and know who has just entered into default on their property, what do you do?

Do you want to build your own Pre-foreclosure Prequalification System?

Here's how..

Pick Your Payment Fixed Rate, Interest Only or 1% Negative Amortization Loans
Walking into Starbucks the other day, I overheard a conversation between two ladies talking about these amazing loans that a realtor had suggested. I started to laugh, because I knew they were talking about my favorite 1% loan. As you know I have been selling neg am loans before Billy Corgan left the Smashing Pumpkins. After eaves dropping for another 2 minutes, I had to jump into the conversation, and throw my 2 cents about the negative amortization loans these ladies seem to believe was a fixed interest rate for 30 years. I let them know that sure there is a fixed rate option, but it certainly wasn't the 1% neg am option. I explained to them about how the interest is deferred, but they were confident that I was crazy and they had a fixed 1% rate for 30 years.As I said in my last article, you do get get a very low monthly, and most lenders offer 3 payment options each month. Borrowers choose from the

Now that you have the information and know who has just entered into default on their property, what do you do?

Do you want to build your own Pre-foreclosure Prequalification System?

Here's how... I suggest that you create a letter or a postcard (or a campaign of them) that you send to the homeowner who just entered this stage of foreclosure. Here are the ESSENTIAL elements for you to include:

1) You must first gain their attention by focusing on their problem from their perspective. Help them feel their pain, but also help them understand that this challenge is a very common one and that they are not the only ones in this mess.

2) You have to warn them and differentiate yourself from your competition. Who is your competition? The Greedy, Underhanded, Despicable Real Estate Investor.

You must also establish that the reason you are different is your fiduciary responsibility to act in their best interests.

3) You have to prove your case by sharing with them your experience and establishing your credibility. You should also focus on building value for the client regarding saving them time, money, stress, etc.

4) You have to wrap up this communication with a little hope and a call to action. Give them a gentle reminder that time is not on their side and that's exactly why they need an expert (YOU) to help them.

Getting the listing

Once you've gotten in contact with the owner by mail the next step is the phone.

You may have received a call from them once they've acknowledged there's a problem, and talking with you just may be the answer to solving it. Or you've picked up the phone and started using some great phone scripts (like the ones included in Foreclosure Mastery™). I suggest scripts because a homeowner in this type of dilemma must feel good about the person talking to them. How you achieve that is the image you portray by having your ducks in a row. Your degree of confidence will win a face-to-face appointment over the phone, and that can be achieved using scripts.

Once you get yourself in front of the client, you do it all over again. Everything that you've communicated to them in your letter(s) or postcard(s) has to be revisited. These sellers are very motivated. If you thought that emotion was hard to control when you were in front of sellers before, just imagine when you turn up the heat on those emotions and your would-be clients are now in a do-or-die situation.

Once you hit it out of the park building trust & credibility, it's time to close the deal. The good news is

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.added4u.com/article/138520/added4u-Real-Estate-Foreclosures--A-Real-Estate-Agents-Guide-Part-2.html">Real Estate Foreclosures - A Real Estate Agent's Guide (Part 2)</a>

BB link (for phorums):
[url=http://www.added4u.com/article/138520/added4u-Real-Estate-Foreclosures--A-Real-Estate-Agents-Guide-Part-2.html]Real Estate Foreclosures - A Real Estate Agent's Guide (Part 2)[/url]

Why do you want a website? If your a business owner are you building a website just because everyone else seems to be? or do you have a plan for it? Many websites fail to simply because they lacked a plan or more simply because the owner didn't have a real purpose for the site.

Renters insurance is often overlooked by people who are renting their house or apartment. Many people don’t realize that their landlord’s insurance only covers the building that you live, there in n...

With the vast number of yacht insurance and boat insurance providers out there, choosing a policy that best suit your needs can be a discouraging view. Here are some pointers you may consider in choosing your yacht insurance or boat insurance policy:

Tags

Links

Added for You - Real Estate Foreclosures - A Real Estate Agent's Guide (Part 2)

Related Articles: