June 15, 2018 rummy

As exciting as it is, real estate can truly be tough to those who venture into it unprepared. It’s just fair given that the rewards are just as wonderful. Nevertheless, here are five things you should have not just to survive but to thrive in real estate sales. Mindset Without the right mindset, it will be difficult for you to build a solid foundation for a successful real estate career. Having a clear purpose will be imperative to get over the bumps and bruises in your career. Also, it is crucial that you are constantly feeding yourself with positive reinforcement….

June 14, 2018 rummy

  Should home buyers and savers be worried about the Fed rate hike? Here are a few things we should know about to help us prepare for this impending change. With the Fed announcing another rate hike Wednesday, borrowing costs will head even higher for consumers. The good news is some bank customers will start to see noticeably higher savings rates. Americans with credit cards, adjustable-rate mortgages and home equity lines of credit will see their monthly payments rise now that the Federal Reserve has lifted its key short-term interest rate by a quarter percentage point to a range of…

June 13, 2018 rummy

Whatever venture you decide to go into, it’s always right to be equipped with information to know what to expect to be able to thrive. Speaking of which, here are few things you need to know before making the career leap in the real estate industry. 1. You Decide How Successful You Are That’s right! You will get out of a real estate career exactly what you put into it. This is a career that rewards hard work. If you dedicate yourself to being successful in real estate, you will greatly increase your odds of success. Your income potential as…

June 12, 2018 rummy

A shelter is considered to be one our basic commodity, and many got stuck thinking it’s just that, a commodity that we need to have and pay for every month. Truth is, it can be something so much more, it can be an investment, a legacy or a source of income. It mainly depends on how you utilize it to your advantage particularly by owning instead of renting. People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain…

June 11, 2018 rummy

  Demand for houses continuously goes up while its supply dwindles. It’s a common knowledge that scarcity equates to price inflation, does this mean it’s time to sell? According to recently released dat​a from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month. ​ NAR’s Chief Economist, Lawrence Yun, had this to say,​   Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale created the perfect storm to accelerate…

June 7, 2018 rummy

Ever wonder why some real estate agents are more successful than others? Why success seems to come more easily to some?  Today we will be learning the recipe for success in the real estate industry. Problem solver mindset. Do you enjoy coming up with creative solutions to problems or issues? Many successful real estate agents know how to properly showcase a house to make it more marketable and develop creative MLS listings to attract the right buyers. Self-motivated entrepreneur. Having a desire to control your own professional destiny and be your own boss is a trait shared by top real estate professionals. To…

June 6, 2018 rummy

It’s apparent that home values are swiftly increasing due to the lack of supply while demand continues to expand in our housing market today. Experts foresee an increase of 5% (or greater) in home value over the next twelve months. In result, bank appraisal could be a bit challenging in this market. When prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the same neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank. Every month in their Home Price Perception Index (HPPI), Quicken Loans measures the disparity between what…

June 5, 2018 rummy

  Whether you are just starting your career or changing a career path, it is a major move in anyone’s life choices. In my previous blog, real-estate-agent-smart-career-choice we have discussed why being a Real Estate Agent is a smart career choice. Now, let us tackle on how to become a Real Estate Agent. Some might think it’s easy or it’s hard but the answer is “it depends”. Why? It mostly depends on where an individual wants to practice real estate. This requires a state license and each state’s regulations or rules are slightly different. Here are a few basic requirements. General Requirements…

June 4, 2018 rummy

What’s the first thing that comes to your mind when you heard the word, Summer? I’m guessing –beach, vacation, camping, travel, barbecue and so many more! But, did you know that Summer is a great time to purchase your dream home? Doubtful? Here are the 4 reasons why you should buy a home this summer. 1. Prices Will Continue to Rise Core Logic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year. Home values will continue…

May 31, 2018 rummy

What makes a perfect career? A fulfilling one, high paying, easy money, influencing and the list go on. There are a lot of career opportunities out there that suits our tastes and skills. But what really sets Real Estate Agent career apart? Aside from the fact that it has flexible working hours and a potential annual income of $100,000 or more. Who wouldn’t say no to that, right? Let me give you an insight of what Real Estate Agent is about. Getting Started in a Real Estate Career is Quick and Painless Pros: In most states, you can complete the requires training,…