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The buyers and sellers procedure can be an arduous deal and hence an organized method is the need of the hour.
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Now let’ see some of the important aspects the buyers and sellers see in an agent: • The clients want their agents to be pro-active in the sense that they provide quick replies. Whenever they call the agent he should reply immediately without creating stress to the agents. If the mode of communication is through text also the agent should tell about it beforehand itself. • Experience is the key to a successful real estate agent. He should also be highly educated and this is gained through constant watching of the current real estate trends. The buyers want the agents to get them the appropriate home. The sellers want the agent to be industry savvy too. They want the agent to come up with a great price.
Now let’ see some of the important aspects the buyers and sellers see in an agent: • The buyers want their agent to be involved in the transaction in a well-equipped manner. More then just handling the process they want the agents to guide them throughout the process. • Mostly the buyers and sellers won’t look for agents who deal with only few transactions. The sellers want a proven track record from their agents and they want to sell the properties in a short span. As far as the buyers are concerned they expect their agents to show a success record of scouting homes in their desired area. • An appropriately and well-dressed agent will also make some difference in the real estate transaction. Here professionalism is the key. Also the agent should be timely in his appointments. This will also go a long way in establishing his reputation with the clients.
Now let’ see some of the important aspects the buyers and sellers see in an agent: • Realty agents speak on behalf of their clients and should be cognizant of what to negotiate. The agent should give results to both the buyer and seller. • The buyers and sellers don’t only look for the agents to use traditional methods to communicate. They want their agents to be well-studied about the innovative technologies. • The most important quality that the buyer and seller expect from their agents is honesty. This is part of the Code of Ethics set for a real estate agent. A buyer expects the agent not to hide any issues in the property and sellers want their agents to disclose information as to what may drive away the potential buyers.
What is a REIT? • A REIT (Real Estate Investment Trust) is an organization or a company which either owns or finances income-generating real estate. Investors get all types of regular income streams, diversification, and long-term capital appreciation from the REIT. These companies pay the taxable income to the shareholders by way of dividend, for which the shareholders have to pay the tax on dividend income. Dc Fawcett VREIC suggests the investors to choose the right REIT.
Risky Situation In Real Estate Profession: • Real estate is not a hazardous profession. However, there are some dangers involved in real estate. In this article, Dc Fawcett a real estate entrepreneur some dangers lurking in the real estate profession. Beware of first time clients • Strangers are always to be feared and this is the same with new clients too. First time clients are new faces. You don’t know who they are. They may be stalkers, thieves, alcoholics, drug addicts, looters and big time criminals. So beware of them. Open houses are dangerous • Open houses are dangerous. When an agent holds open houses, he advertises on where and when he is going to hold it. There have been several incidents occurring during such home showings.
Some have been reported in news channels. Once when an agent was holding an open house, a laptop was stolen. He was working alone and a pair came and turned his focus away. Yet another incident was: 2 agents were holding an open house when a couple walked in. • The man reeked of alcohol and both of them were blabbering. The agents sensed that something was wrong with them and immediately took some steps to prevent harm. One held a pepper spray and stood at the front door while the other walked the people into the house. • The former agent called her husband and when he came, those two intruders ran away. There was also an incident where a real estate agent was holding a home showing alone.
Then suddenly the agent saw some untidy clothes in the basement. The agent called the owner and he said that there was nobody living there. Then suddenly after sometime the owners came with the police and found a man there. • It turned out that he was living in the basement for some months without the knowledge of anybody. Such incidents show that home showings should be done alertly. Agents must call neighbors, family members and relatives to be present at the open houses lest anything happens. • If they cannot stay till the end, they must be there at least at the beginning and the end. They can alert the security guards of the home. If nobody can come from your family or friends, at least inform them about the open house. Also do an open house with a companion – a fellow agent. Inform brokers, fellow agents and others from the office.
Foreclosed or empty homes • Such homes may have previous owners refusing to vacate. They may be badly illuminated and have deadly animals coming inside. Such houses may be occupied illegally by people who specialize in doing so. When you show homes of strangers • You may sometimes have to show the homes of people whom you don’t know. This is dangerous since you don’t know the homeowners. Even if you have just met them a couple of times and don’t know them really well, it is still a problem
Commission For Real Estate Transactions: • Commission is paid for real estate transactions. Many people don’t understand how commissions are paid. They are bothered only about the cost of the commission. In this article, Dc Fawcett a real estate investor and educator, reviews how real estate commission works and makes you comprehend commissions. What is a real estate commission? • A real estate commission is a fees paid to the real estate agent. How much is it and who pays it? • A real estate agent’s commission is something which has to be paid by the broker. An agent works for the broker and the fees is paid by him. The broker makes a purchase agreement with the seller who then pays the broker along with the agent’s commission.
Conclusion • A real estate transaction has lots of intricacies and it takes place with a huge chunk of money. These are the things that stress the buyers and sellers. The buyers and sellers expect the agents to be well-equipped about the process. The agent can help the clients with contracts, inspections etc. Also the agent should gain education in a consistent manner so that he be in pace with the market’s laws. In this way the agent can fulfill the expectations of the clients. • These are some of the suggestions given by Dc Fawcett VREIC to home buyers when they encounter competition from multiple offers. DC Fawcett is an expert real estate investor and teacher. However, there are lots of complaints against him in various blogs in the internet. These are done with an aim to tarnish his reputation. These are just scams. Following,his advice will definitely benefit people in the real estate field. • DC Fawcett is proficient in Virtual Real Estate Investing. He has vast experience in the field of real estate and one could listen to his videos to gain knowledge on the same. v
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