Questions On Real Estate Education

This paper will seek to provide an overview of the real estate process and its affects on the real estate agent. An agent needs to be knowledgable about the steps required to make a sale, and the risks involved when the sale does not go as planned. Real estate sales require much of the agent, including sacrifices in their personal lives and in their financial stability. Agents must be teachable and willing to seek to see others succeed. A successful real estate sale consists of many steps, sacrifices to personal time, and an agent’s ability to work well with others while remaining incredibly flexible.

Mr. Yotam Michaeli was interviewed regarding this case. He stated that he is a real estate developer and the nature of his business is to research and purchase abandoned or neglected properties. He stated he used to live on the same block as 23A Vernon Avenue in Brooklyn. He stated that this property was not taken care of for a long time and no property taxes were paid. He stated that this property was owned by Lillian Hudson, who passed away and he needed to find out if this property owned by anyone else. He stated that he hired Kevin Gallagher to investigate and locate the family of the previous owner. He informed me that before he hired Mr. Gallagher, he had a conversation with Blanche Oneal during which she informed him that she owns this

Technology in the modern-day has simplified work for most individuals including real estate agents. It revolutionizes the real estate market so that clients can make decisions based on information from internet sources. Agents dealing with such clients have to convince them of the products in order to make a sale. Many internet sources are not accurate and thus clients are skeptical of the actual property (Ferrell, Fraedrich, & Ferrell, 2011).

The residential appraiser is taught how to measure a home, examine it for positive and negative features, take photos, study the neighborhood, seek out comparable sales and listings, and create a report that solves a valuation problem. All of these things primarily involve the technical side of the work. But what about the bigger picture? What we do has a profound effect upon our local markets, communities, and the nation as a whole. We are an important participant in all of these things.

In the "Cascade Manor" negotiation, I played the role of co-chief city planner. I was part of a team, partnered with the other co-chief city planner and the city's financial director. It was our task to negotiate a deal with a development corporation who wanted to build a residential housing community to revitalize the historic district of our city. We devised a strategy on how we would open and negotiate on the issues. Using this strategy we were able to agree to a deal with the developers, and walk away with a sizeable amount of the "pie". This paper will look at how offering multiple package deals help the negotiator claim resources, and suggests ideas on how to develop an effective multiple offer strategy.

While various components become possibly the most important factor, at last a property's worth is judged by one and only figure - what amount would somebody say somebody is readied to pay for it at the time? The hugest contemplations for evaluating a property are late deals and current rivalry. The previous is a survey of what different properties of this sort have sold for, while the last considers comparative homes that are in the blink of an eye available.

You are considering a career in real estate. Fantastic, this is a great industry to become a part of.

There were several factors that culminated into the ultimate inability to reach an agreement. Firstly, was the differing priorities of both parties , while I was focused on reaching a deal and considered an impasse to be a ''failure'' , the other party was more focused on money and all the benefits offered '' paled in comparison'' as mentioned by the owner compared to the money foregone. Secondly, the owner seemed to want the property independently valued and then sell at this price. Knowing that the valuation was more than I could offer, I could not agree to this and this

In a buying and selling situation, I think that is it common for the buyer to say how much they want for an item, so I felt comfortable going first. I opened the negotiation with an asking price of $7,800. It soon became clear from her lack of

When it comes to buying or selling a home, there are many issues that can delay the process. Because of this, it's usually a good idea to have a real estate attorney. For those buying a home, the seller might decide to increase the price after the original agreement. They might also decide

as well as the mechanics of commercial real estate leasing. The asset types we will consider

Buying or selling a house or an apartment is one of the biggest decisions of a person’s life. And when selling or establishing a price for real estate, people seek out real estate agents to do the dirty work. A real estate agent has to convince a prospective homeowner that he or she is trustworthy and knowledgeable. In many ways, the agent acts as a counselor to individuals and families about to embark on a huge commitment. Real estate agents have a thorough knowledge or real estate market in their community. They

You need to select an agent to service you. Find one who is familiar with the location and type of property you have in mind. Make sure the agent is from a Listed Housing Agency and also a member of the Institute of Estate Agents (IEA). Discuss your requirements with him and be specific. This will allow him to advise and service you in a professional manner.

The most formidable aspect in real estate has to be maintaining one’s career. Although there are many agents in this career field, the competitive environment portrayed daily makes this career one that may prove to be unsuitable for the meek. Negotiations, persuasion, debate and often a frequent contest for supremacy in the agency are recurring tasks when trying to sell property to clients. One could think of this as similar to the board game “Monopoly”, in reverse. Rather than trying to own all the property around, these “players” attempt to sell as much land as they possibly can. Those who fail to recruit an adequate amount of clients find it hard making it “past go” and often fail in the agency or, much worse, lose their jobs.

Many people have questions about the legality and the rules for buying real estate within IRAs and other tax-favored accounts. Below are answers to some of the most frequently asked questions.