Posts Tagged ‘investing’

Ever had to say that to your real estate broker? Not a pleasant conversation.

Most property owners, as well as real estate buyers, must remember that interviewing a broker is an important process that should not be avoided. Successful real estate teams always interview the people they may potentially work with. That is because four key components are talked about for winning in today’s market. These components are loyalty, motivation, expectations, and time-frames.

Loyalty, no one wants to work with a disloyal broker, much less entrust them with their real estate and goals. Same is true from a broker perspective, a good broker sees the person as a client, and a great broker sees the person as a partner. How do you know if your broker is loyal? Check their references, past partners (clients) will share with you their experience.

Motivation. Ever had a conversation with a person and felt tired afterwards? There is a good chance there was no motivation present. Unmotivated brokers will cost you money upfront and in the long run. Avoid them. Work with motivated brokers only, and don’t be shy, bring your motivation to the table too, brokers appreciate that.

Expectations. Unspoken expectations inevitably become unmet expectations. Why? Because it was never addressed from the start. Good brokers wait for you to voice your expectations, but great brokers, will ask you the tough and detailed questions. They do this because they know what is up ahead, and genuinely want to help you meet your expectations and address any unrealistic ones.

Time-frames. Whether a family is facing foreclosure; a job transfer awaits in another city; moving in before the kids start school; and so forth; all these examples have a dead-line. When time-frames are met, all is well, but when brokers and clients fail to communicate important dates, then unwanted scenarios occur. Your broker should take the time to know your important dates.

You do not need to interview tons of brokers. Interview one at time until a broker is a match for you in the aforementioned four areas. If there is no connection with that broker in those areas, then interview another broker until you find your match. Look at it as speed dating! You might find your broker on the first try or fourth one, the important thing is you work with someone that understands you, and can help you go from where you are to where you want to be.

As always, we provide FREE reports and information about today’s market at http://www.NissiAgents.com. You may always call our FREE 24-hour voice-recorded line at, 1.866.476.1677 Ext. 455 with any questions you may have about today’s market.  Feel free to connect with me personally through social media at: www.JoinDNA.com. If this article helped you in any way, please share it with a loved one. The more you give, the more that comes back to you.

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Real estate for centuries has been associated with wealth and power, and rightfully so, because he who owns the land calls the shots. While there is some truth in my opening statement, lets first answer this question, “Is real estate a rich man’s game?” The answer is no, at least not in these blessed United States of America. Real estate homeownership and investing is for the ordinary man with a plan. I can already hear the questions coming my way, “but David, real estate isn’t cheap, at least not the decent type worth owning…” True, but who said one needs to buy expensive or use your own money? I leave you with the first clue of stepping into this “rich man’s game,” first know your personal purpose. Identify what you want in life for yourself, your future, and every person that will be part of your journey, and secondly, find your “why.” Why do you want what you want. Once these two questions are answered, then you have a better understanding how real estate will (or will not) play a role in your purpose and why. The fuel is in your purpose and why…and then the “how” begins to direct your steps. The fuel is not in how much your current bank account says you have. – #dna