Real Estate Management Rss

Myths About Real Estate Agents

18

Posted by admin | Posted in Real Estate | Posted on 01-03-2009

Myths About Real Estate Agents

There are some myths about real estate agents, many of which are not so flattering. But when it comes down to it, real estate agents are not too out there, and there is a logical explanation to each misconception. Let’s straighten out a couple myths and facts.

Myth #1: They have big hair.

Fact: Though occasionally real estate agents do have big hair, most are regular people who get up in the morning just like you do, and go to work just like you do. Many real estate agents, in fact, are going bald due to stress related hair loss. Same with the fancy dagger-shaped manicures; in actuality, many real estate agents have bitten their nails down to nubs.

Myth #2: Real Estate Agents drive luxury cars while talking on their cell phones.

Fact: Itâ??s true that real estate agents are often trying to do too many things at once, but they like to be careful about it. And though real estate agents would like to make a good impression on you, more often than not they drive Hondas and Toyotas and hope that their hard work will sell you, not their Lexus.

Myth #3: Real Estate Agents know your area.

Fact: Just like normal people, real estate agents canâ??t know everything. Though they do spend a lot of time driving around town, they canâ??t be in all places at once, and they themselves probably have preferences for one neighborhood versus another. Make it clear to your realtor what kind of area you want to live in, and they can help you look within that section of town.

Myth #4: Real Estate Agents live outside of time.

Fact: Real estate agents have lives too, and those lives happen to take place in the same physical realm as yours does. While it might seem like they spend a strangely disproportionate chunk of time speaking with you, they are actually trying to be as time-conscious as possible, so that you can move more quickly into your home and they can move more quickly to helping their next client.

Myth #5: Real Estate Agents just want your money.

Fact: What real estate agents actually want is an easy life. They want to help you find a home you love, and they want to make their (often small) bit of commission off of it (and thatâ??s off the sale, not out of your pocket). They do not want your soul or your firstborn, just some patience, consideration, and a positive home-buying experience for all.

Watch the video related to real estate

some parts of the country, housing prices are falling at double-digit rates. A bad situation for homeowners, but a possible opportunity for investors. Money reporter Stacy Johnson explores what’s next, and who might benefit…

Help answer the question about real estate

How can I become a real estate agent in NC?
1. What do I need to do to become a real estate agent in Charlotte, NC?
2. What classes do I need to take?
3. Where can I study to become a real estate agent in Charlotte, NC?
4. What are the requirements?
5. Any other information I need to know about becoming a real estate agent?

Related Post

Comments (18)

Is that Sctanley with a c from couples retreat?

This video is good stuff definite 5 stars!

It reminds me of my latest film

LOAN MODIFICATION HELL

which can be veiwed on my channel.

stay out of the mainstream area;
that is, listing houses for sale.

become an exclusive buyer's agent.
Rep middle income and upper income
black women as a niche.

Also poke into doing commercial
and industrial purchases.

and maybe business brokerage

plus, interview different agencies–
most are Realtor focused; which
means they take listings. YOU can
choose not to do that via being
an exclusive BUYER's agent.
[they don't sell RE--they help
buyers buy, and that is a different
approach].

plus u can find those offices that
have 100% approaches [where
the agent pays for desk space and
does not split the commission.]

available to help -though I am not
in TN.

You have a LEGAL AND BINDING CONTRACT. all disclosures within the contract should be what the seller knows about the property. Now the other agent cannot FORCE you to sign anything. Basically what the agent is trying to do is cover his clients ass- if the selling side has a problem with it you can always take it before arbitration (see how they like that). Either way the selling agent is not within his rights to present other docs. for disclosures, nor do you let them off the hook. You will have no recourse if you do. Hope this helps.

Wow! what a great question from a 14 year old. a LLC (Limited Liability Company) is incorporated with the Attorney Generals office in the state it is established in. The best way to do that is to go to an Attorney. A holding company and a Development company may be combined into one, have different division or groups to do the different objectives, or even the same people.

You can never have too much money to start a company, it's the too little that matters. Your best bet is to save as much as possible, write up a business plan, go to friends and family for investment in the company before you start out and hope to have a minimum of $50,000 to $500,000 to start your company. Then you can go to a bank and borrow, usually 2 to 3 times that much more to make your first purchases.

Yes there are Capital gains even for companies to pay with investment properties.

When you are ready, have your board of directors vote to take your company public by registering with the Securities and Exchange commission, with the assistance of a Stock Brokerage Company.

Check with your local Howard, Perry & Walston school, or go to http://www.hpwreschool.com for all the info you are looking for. Good luck, it's hard but well worth it in the end.

One doesn't eliminate the other one. My broker is a Lawyer and his experience/practice is in Real Estate. After 10 years of practicing law, he decided to be a Broker.
Go ahead!

It’s how some ethnic people speak.

yes and they say English originated in England

I am a real estate agent in Australia with my own independent office.

I am not sure what courses are like through franchises, however, here, the courses with regular real estate schools are very good.

When you are looking to find an agency to work for, consider the following:

- do they regularly pay for training for their employees? what kind of training and how frequently?
- does management get regular training and upgrade their knowledge on changes in legislation etc (here we have special annual education to attend to stay in the know)
- what internal systems and procedures do they have that will assist people who are just starting out? for example, a good computer software and training resources in the office for when you get stuck on something.
- is there someone more experienced in the office that can mentor you?

I believe that a franchise is not necessarily the best, often all the training that they attend is in house, and they are not open to external training providers (which can be very beneficial).

You need to look at the individual operator of the office to decide if it will be a good environment to start your career or not.

haha I wanted to watch this video but I forgot the title so I searched google for “did I AKS you”

I am officially going to use the word ‘aks’

LEGENDARY.

Did I ox you?

If you are talking about selling real estate as an agent, then
You can take real estate classes in college or you can go to a real estate school (this is what most agents and brokers do) you will have to take a licensing test from the state.
If you are talking about investing, then there are REITs you can invest in through a stock broker,
If you are talking about investing by flipping (buying and fixing then selling)
you will need to learn about costs of materials, value of real estate in your area, subcontracting for plumbing etc and have time for equity labor.

below is link to kaplan schools, one of the better real estate schools

Russ Whitney has a great coaching program you may want to take a look at.

Good Luck

Sheldon Moylan of Dominion Lending Centres

i was doing that constantly randomly in conversations over the christmas period
hillarious

Hey, this video makes me wanna ‘aks’ my buyer sometimes. cant get it out of my head sometimes. But its amusing

Post a comment