Unscrupulous Realtors

July 27th, 2011 by admin No comments »

As a real estate agent I am horrified with some of the things that other agents do to make a sale. I began my career after having a couple of these agents literally lie and deceive me on the sale of a home myself and decided that someone needs to be out there for buyers and sellers that will handle their clients fairly and honestly.

Now that I have been in the business for ten years I am outraged at what I see out there and want everyone to be sure their agent is really being upfront, honest and handling your transaction the way you deserve to be handled.

I have seen homes that should be on the market, open to all buyers and their agents being held back by the list agent while they tried to get their own buyers to have first shot at making an offer on the home. This goes for a recent encounter of an agent that lists hundreds of foreclosed homes for the banks and keeps some of the homes from being actively on the multiple listing system in hopes their own team members can procure a buyer and double dip. They have held these homes from other buyers and agents for up to thirty days. If the bank knew this kind of business was happening with their foreclosed homes they would lose the privilege of listing hundreds of homes and making thousands of dollars. This is a disgrace to the business and honest agents.

Agents have produced false documentation on repairs that were to be made on a home but the repairs have actually not been made but receipts produced showing the repairs have been made. Imagine being the buyer, finding out months or years later that a repair that was to be made was never actually done. This type of behavior is an embarrassment to all of us in the business. These agents continue to act this way and I have personally run into the same agent over the course of many years continue to falsify documents, mis-represent homes and documents.

When you go to hire a real estate agent do not think that just because they are a huge known agent with a large team that your transaction is being handled with the utmost care and with complete honesty. Unfortunately, some of these bigger agents bully their way through a transaction and do not seem to care how many rules they are breaking. Be particular, pick wisely and watch out for this type of behavior.

Nancy Niblett is a highly successful Real Estate Agent specializing in the Chandler area. She credits her success to hard work, integrity and honesty. » Read more: Unscrupulous Realtors

Commercial Real Estate Agents – Double Up Your Listing Success and Commissions

July 21st, 2011 by admin No comments »

Success in any sale career comes down to one major thing. It is you. Sure you will say the market and the economy have something to do with it, although I will say the most important underlying factor that must be on your side is your own personal focus and diligent action. Commercial real estate is exactly like that.

Now this simple fact is the hardest to get under control. We all have choices in the action we take, however most salespeople do not make the right choices or do not make enough of them. Random and generic action is more common than you would think in the property industry. That is why many agents struggle when the market becomes difficult.

The best and most successful real estate agents working on commercial property make deliberate choices to do the following very well:

  1.  Prospect every day within their market. They build a market share and identity that supports continuous personal branding.
  2. Grow their database with qualified prospects and then maintain contact with them for the long term. The database has to know you the person and not particularly the real estate business.
  3. Inspect property with an eye for detail, identifying important issues that help to create the sale.
  4. Be prepared to offer sales and lease solutions that are relevant, special, and timely. Make sure that they tap into the client’s property ‘pain’ and provide a clear solution.
  5. List property at the right price or close to it. This helps the marketing for the client and does not waste the time of the agent.
  6. Market property using the best tools available that reach the target market for the property.
  7. Communicate continually with property owners in ways that keep control of the listing and convey the accurate feedback.
  8. Negotiate with parties with a view to fair and focused outcomes given the conditions of the market.
  9. Remember just who the client is and what they have as the targets in the sale or lease process.
  10. Keep abreast of rents and prices of comparable property activity in the local market so that any listings and negotiation can be supported by third party evidence.
  11. Close the sale or lease and then keep on top of the documentation and settlement procedures for the client.
  12. Look for opportunity for your clients so you can do more ‘off market’ deals where property circumstances exist. » Read more: Commercial Real Estate Agents – Double Up Your Listing Success and Commissions