Real Estate Listings – The Backbone of Real Estate Websites

A good Real Estate website is incomplete without proper Real Estate Listings. The website would do very little to educate and inform the visitor. Listings for Real Estate not only attract visitors but also enable the website to grab their attention. Listings are rather the “real” thing a visitor wants to see in a site.

Always keep in mind that these listings should be up to date. We know Real Estate agents love seeing “Sold” on every property, but people who would be visiting your website would end up losing heart. Updating your website regularly is a must to keep your visitors coming back. Make sure your listings are in proper price order. It is essential that you have devised ways for them to search through the properties and kept it simple to use.

Interested property buyers tend to check back to your website every week, in the hope of finding fresh properties. You have to ensure that New Real Estate Listings are put up on a regular basis, to aid your customers in making a better decision. To prevent losing business, make sure that someone is made responsible for uploading New Real Estate Listings on your website and keeping the old ones up-to-date.

Depending on the program used to manage the listings section, it might require some extra training to make sure that these updates are made as quickly and efficiently as possible. An investment in professional practices is a wise decision and will prove to be fruitful. Most Real Estate Marketing websites believe in making making worthwhile websites for their customers. The websites that are built also have automatic property alerts that send out new listings via email every day to prospective customers.

While putting down Listings for Real Estate, it’s always a good idea to mark them separately for Commercial Real Estate Listings and the Residential ones. This can help new agents get off to a good start and can work as a new beginning for veteran agents who have been around for a while. Remember, the higher the number of your listings, the better your chances of selling.

By keeping these points in mind, you should be able to communicate about your real estate site better. You also need to ensure that you are able to project a professional image online, increasing your marketing reach and your bottom line.

Every listing, Commercial or Residential, deserves a showcase of its own. This is why today, website-building is made as easy as winking. There are three basic steps you need to follow- add your listing, choose your domain and generate your site! Every real estate agent wants the best, and Real Estate Listing services have been successfully serving real estate clients with excellent results. All Real Estate Websites should look at providing comprehensive Real Estate Listings to all their clients.

Article Source: http://EzineArticles.com/expert/Megha_Monga/161072

 

Issues in Real Estate

When we speak of the real estate economy, we use national statistics but speak locally. On the other hand the stock market is based on the national or even the world economy. The real estate markets are based on local or even micro-local economy. What is happening in LA may not directly affect what is happening in Toledo.

What affects all real estate markets together are the interest rates. There is no single barometer to measure the entire housing industry in US.

So, while statistics calculations and economic factors are relevant, equally important is using one’s common sense. We must keep our eyes wide open and take a look around and see what is happening. Talking to real estate agents, investors and lenders in a particular area can be a big help to access a market.

These are certain issues one must consider while dealing in real estate.

One major issue facing corporate real estate managers is how to effectively manage the real estate assets in the current market environment.

Secondly, real estate agents provide information about utilities, zoning, schools etc. But two common issues a buyer faces while buying are-

i. Will the property provide the right environment we want for a home?

ii. Will the property have a good resale value when we are ready to sell?

Another important issue that any buyer/investor faces is the legal issue. Real estate laws vary from state to state. One must consult an attorney licensed to practice law in the state in which the property is located.

At times, the property a buyer is seeking is available but not properly advertised. It may take you some time and effort to search for and locate the right property.

The important issue of finance. We must know our financial reserves plus our borrowing capacity. If we know about our current savings, income and debt, then we can take help from lenders; banks and mortgage companies, which offer some choices according to your financial capability.

In America, some real estate association and commissions have sponsored regulation that require all real estate brokers to provide a minimum level of services which forces sellers to buy services they do not want or need.

There is the issue of rebates on transaction fees. Some states in America allow rebates of commissions or fees on real estate transactions but some states have legislated regulations which prohibit rebates.

Next is the issue of consumer participation. The consumer federation of America released a study that real estate boards and commissions are dominated by real estate practitioners and they recommended greater participation by consumers; which is opposed by practitioners – this works against the interest of ordinary buyers and sellers.

Last but not the least, a lot of hoopla has been floating around in the news media about the ‘bubble’ theory of real estate and that the real estate market is going to burst – this may have a psychological impact on the potential buyer or seller.

Richard H. Brazil, Jr. wears many hats; Broker, Agent, Businessman, Mentor… Inventor. Being a part of the Real Estate Industry for 20 years, Brazil has seen technology evolve and grow exponentially over the years. In April 2007 he filed a patent, and founded the American Agent Online Corporation a breakthrough technology that enables customers locate and chat with real estate agents LIVE in Real Time. Click here [http://www.americanagentonline.com] to check out.

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How To Make Money As A Real Estate Bird Dog

There are many ways to make money with Real Estate. In my opinion, one of the easiest ways to make money with in this business is becoming a Real Estate Bird Dog. Stop before you rush out the door! You’ll still have to work at it. However, many of us believe it’s far easier with fewer headaches than many other techniques.

What is a Real Estate Bird Dog?

A Real Estate Bird Dog is a person, or in some cases a company, who locates investment property for Investors.

Why would Investors pay for a service like this? Simple. Many Investors are business people who are busy making money. They don’t have time to hunt down good deals in major real estate markets. This is where you into play.

What do I have to do?

The most important thing to know to become a successful bird dog is know your local market. To do this, bird dogs seek out relationships with real estate brokers, agents, bankers, lenders and anyone else who may have knowledge of a good investment.

In most markets, the bird dog will be a person who already works in the real estate field, for example a Agent or perhaps an assistant to a Real Estate Agent. However, I know Bird Dogs who do nothing other than find investment deals for investors.

How do you make money with this?

Normally once a bird dog finds several investments or investment leads, they then present them to the investor. When/if they buy the investment, the real estate bird dog is paid a service fee which is typically a percentage of the price of the investment or it could be a flat fee, it depends on the bird dog.

What are the advantages?

One advantage is that once you hand the property off to the investor, you job is done. You don’t have to worry about setting up financing, inspections or any other of the headaches that can come with investing in real estate.

How much can a real estate bird dog expect to make?

Obviously it depends on what percentage of the deal you decide your time and effort is worth, but some command as high as a 10% finders fee. I’ve heard of higher fees, but most that I’m aware of run in the 3 to 6% range.

Are there any disadvantages?

Well, for one, in some states, if you find real property for an investor and then charge a fee, they feel you need a real estate license. Check with the State you live in before going into this.

Whatever you do, get everything in writing. At the worse case, you’ll have to take a few nighttime classes and get your real estate license. There are worse things to do! At the least, you’ll just have to start networking with the industry in your market to get in on the ground floor of becoming a real estate bird dog.

Tony is a real estate nut. Breathes, eats and sleeps real estate. Currently residing in beautiful Las Vegas, Tony has done it all in Las Vegas Real Estate [http://lasvegasrealestatefacts.com] and continues to make a living from home with his Real Estate business and Las Vegas Timeshares [http://lasvegasrealestatefacts.com/las-vegas-time-shares/las-vegas-timeshares/]

Article Source: http://EzineArticles.com/expert/Tony_Travis/163841

 

Real Estate Professional Status

If you own rental real estate, there are three different ways to treat your rental losses depending on your status. One of these is “Real Estate Professional.”

First, let’s dispense with one myth: Real Estate Professional status does not mean you have to hold a real estate license. Rather, it is a designation you obtain by meeting certain specific requirements. The first requirement is that you spend more than 750 hours in real property trades or businesses in which you materially participate. The second requirement is that you spend more time in your real property trades or businesses than in ALL OTHER trades or businesses combined. Time spent as an employee in real property activities is counted only if you are a more than a 5% owner in that business. If you qualify as a real estate professional you can deduct all your current year rental real estate losses against other income without limitations.

What is a real property trade or business? A real property trade or business is defined as ANY real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage trade or business.

You have to meet the above requirements each year. So, you could be a real estate professional one year but not the next. Only one spouse needs to meet the requirements in order for a married couple to take advantage of the benefits provided by the real estate professional status.

The 750 hours test must be met for each activity. So for example, say you have three rental properties. The general rule is that you have to perform at least 750 hours on activities related to EACH of those three properties. Fortunately, there is an exception to this rule. If you make the election to aggregate all of your rental real estate activities into one activity, you only have to meet the 750 hours requirement once for the tax year.

What types of activities qualify as real estate professional activities? Activities such as:

– Searching for possible rental properties

– Attending real estate seminars or reading real estate books

– Meeting with real estate agents and viewing properties

– Meeting with mortgage brokers with regards to getting loans on properties

– Travel time to and from the seminars and your property searches

– Preparing your bookkeeping and tax information for your rental properties

– Time spend buying or selling properties (i.e. signing the closing documents)

– Studying and reviewing financial reports (Investor-type)

– Preparing summaries or analyses for personal use (Investor-type)

– Monitoring finances or operation in a non-managerial capacity (Investor-type)

An important note to the investor-type activities mentioned above is that these activities can only be counted towards real estate professional time if you are involved in the day-to-day operations or management of the activity for which you perform those tasks. Essentially, this means that if you have an independent property manager and your only real estate business is your rental properties, you probably will not qualify as a real estate professional.

The extent of an individual’s participation in an activity may be established by any reasonable means. Contemporaneous daily time reports, logs, or similar documents are not required if the extent of such participation may be established by other reasonable means. Documentation required includes the identification of services performed over a period of time and the approximate number of hours spent performing such services during such period, based on appointment books, calendars, or narrative statements. Documentation is the key when claiming real estate professional status. Most taxpayers who lose in the tax courts lose because of poor documentation. Although documentation through a reasonable means is pretty vague, the tax regulations are clear that post-event “ballpark guesstimates” are not permitted and will not hold up in the tax courts.

Real Estate Professional status is such an important designation for a high-income real estate investor that we strongly recommend you spend time with your Tax Coach to determine if and how you can become a Real Estate Professional and deduct all of your rental losses.

Are you ready to permanently reduce your taxes?

Warmest Regards,

Tom

Tom Wheelwright is not only the founder and CEO of Provision, but he is the creative force behind Provision Wealth Strategists. In addition to his management responsibilities, Tom likes to coach clients on wealth, business, and tax strategies. Along with his frequent seminars on such strategies, Tom is an adjunct professor in the Masters of Tax program at Arizona State University. For more information, please visit http://www.provisionwealth.com

Article Source: http://EzineArticles.com/expert/Thomas_Wheelwright/170355

 

Real Estate Agent Marketing

The real estate agent represents somebody in the business. The main point is – “Who does the mediator represent?” The North Real Estate Commission has shaped an instructive brochure meant to protect patrons. The “Working with Real Estate Agents Brochure” explains who’s a seller’s agent, dual agent, and buyer’s agent represent in the business. Every real estate agent is required by the North Real Estate expenses to present and explain the catalog with those seeking the services of a real estate agent.

A real estate agent and a real estate broker are essentially a pedestal rather an interactive media via which the entire transaction process takes place. In some places, a real estate agent is acknowledged differently as compared to a real estate broker. They are the licensed professionals working in the same field but their functional areas differ to a certain extent.

When you will have to buy and sale a home, you need to know the real estate agency representation to which you are agreeing to.

An agent who’s working at a new home manufacture site is general working for and representing only the seller. Their loyalty belongs to the seller. That agent is compelled to gather as much information as possible about you in order to assist the seller in profiting from the transaction.

If you contact a real estate agent listed on a “For Sale” sign, they too represent and serve the seller. That real estate agent will make every effort to capture as large a profit as possible for the seller.

These real estate agents prior to showing you any property or home are required by North Carolina Real Estate Law to discuss and explain the “Working with Real Estate Agents Brochure”.

Become a real estate broker:

After in advance quite a number of years of experience in real estate sales, a seller may decide to slope up and be approved as a real estate broker. For one to become a full-pledged broker, more course work and a state approved on real estate rule must first be passed. When a person obtains a broker’s license, a real estate agent may continue to work for another broker in a similar capacity as before, usually referred to as a broker associate or associate broker, or open up his/her own brokerage and hire other salespersons.

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