Which brings us to the debate of a real estate agent selling property that they own or a real
estate salesperson buying property for themselves.
Not exact matches
Consumers have a lot of information at their fingertips and — sorry — they can successfully
buy and sell their own houses without the services of a real
estate salesperson.
For help in selling or appraising their businesses, «
salespeople should pick up the phone book and look up business appraisers and brokers or call the local real
estate school for recommendations on experts in the local market,» says Scott Gabehart, president of VR Business Brokers in Scottsdale, Ariz., and author ofThe Upstart Guide to
Buying, Valuing, and Selling Your Business.
Thus, selling real
estate for too many registrants really turns on being psychologically able to influence targets to «do» something, to
buy happiness vs educating them about the product, especially if the
salesperson knows next to nothing about said product, which I would estimate to include the vast majority of real
estate sales people in the mix today (those with five years or less poorly prepared / inexperienced newbies) which brings us right back to Mclean's first concern.
There are a lot of investors that
buy three, four, five doors and get a Realtor or real
estate salesperson to look after them.
Some real
estate salespeople have encouraged investor buyers to
buy a place and evict a tenant under the pretense that the buyer, or her family member, is moving in.
Seeing as I am about to venture into the business of consulting / advocating in the realm of all things real
estate selling /
buying - related whilst being unlicensed as a real
estate salesperson, I will answer your question and reveal what my plans are vis a vis offering my services up for potential clients.
You: «By the way, if anyone starts talking to you about an interest in
buying, selling, or investing in a home, it would be really helpful to me if you'd tell them that you have a friend who's a great real
estate salesperson and would love to help them.
I have often thought that one of the best services a real
estate salesperson could provide to his community would be to teach a high school course on
buying real
estate and managing property.
My last piece of advice for real
estate salespeople working with younger buyers — although this applies for all potential home owners — is to always remember that
buying a home is emotional.
That could put
salespeople in the position of having to
buy back their customers every time those customers
buy or sell real
estate.
I just started an online course for real
estate salesperson as I'm interested in investing in multi unit properties for
buy and hold.
Few real
estate salespeople seem to clearly understand the «products» people
buy through them.
Then, in late December, the corporation announced an agreement to
buy Electronic Realty Associates (ERA Real
Estate) of Overland Park, Kan., a network with 2,500 franchise offices and 25,000
salespeople in the United States and 14 other countries.
May 1990 — A Toronto real
estate broker and one of its
salespeople are ordered to pay $ 55,000 in damages to a couple who
bought a home not knowing it was insulated with urea formaldehyde foam insulation.
Mendez, who started selling real
estate in 1982, says brokerage owners and
salespeople who don't offer information and services in a variety of languages do a disservice to the home -
buying community.
«Hiring a real
estate salesperson is not the same as
buying a burger,» the association says in court papers.
The key takeaway for residential real
estate clients is to make sure, when you are
buying or reselling a property, that all of your service providers — lender, real
estate salesperson and title company — are up to speed on the new RESPA rules.
It is very important for a home buyer to understand the roles and responsibilities of a real
estate salesperson, particularly if you are
buying real
estate.
In addition to setting time boundaries, the research suggests that
salespeople and real
estate agents consider framing which technology tools will be used for various stages of the home -
buying and home - selling process.
Section § 442 entitled «Splitting Commissions», was first enacted in 1922 and originally provided that no real
estate broker shall pay any part of a fee, commission or other compensation received by the broker to any person for any service, help or aid rendered by such person to the broker in
buying, selling, exchanging, leasing, renting or negotiating a loan upon any real
estate unless such person is a duly licensed real
estate broker or real
estate salesperson associated with the broker.
In our opinion, real
estate brokers and
salespeople are best positioned in the industry to collect
buying and selling information.
«They would like every seller and buyer to have access to the MLS system, and be able to sell and
buy properties themselves, without the services of a real
estate salesperson.»
«How often has an investor client purchased real
estate and known more about how to
buy it than the
salesperson,» says Stark.
Rankings for home -
buying satisfaction are based on four factors: agent /
salesperson, real
estate office, closing process, and a variety of additional services.