phoenix r asked:


I am talking about Costa Rica real estate.

Margaret

Richard Brazil asked:


Whether you are buying or selling a property, many people employ the services of a real estate professional. This person’s duty is to offer help, professional expertise and generally make the real estate experience easier for you by guiding you through the process.

What Is The Difference Between An “Agent” and a “Realtor?”

The words ‘real estate agent’ and ‘realtor’ are used interchangeably but there is actually a difference between the two. A real estate agent is salesperson licensed by the state, and given legal permission to represent consumers in the sale of, or purchase of homes on the open real estate market.

A Realtor is a real estate professional who is an active member of the National Association of Realtors (NAR) – a key supporting real estate organization. The NAR offers ongoing education, legal information, contractual updates, information on governmental regulations affecting the real estate industry, etc. Realtors might consist of appraisers, property managers, loan officers, and brokers. Therefore, not all Realtors are real estate agents.

Is One Better Than The Other?

Some Realtors have lots of success in helping consumers, while some Agents struggle to satisfy their clients. At the same time, many Agents can be extremely efficient, while some Realtors can find themselves unsuccessful. Association with any national organization can’t guarantee anything. Some people prefer Realtors because they have a preference due to the national accreditation of NAR. Also, all Realtors must comply with the standard set by NAR, which in part gives the client some additional assurance of ethical conduct.

What Are The Qualities Of A Great Real Estate Professional?

It’s important that you select a qualified agent that you feel comfortable working with. Choose a person who has worked with someone you know, or a person who has a positive reputation within the community. A high quality real estate professional will make your transaction as smooth as possible and be forthcoming and honest about the details. That person will ask you questions, listen to your answers and recognize what you’d like to accomplish. Then will guide you towards obtaining your goal in a strategic, organized and successful way.



Elsie

Matthew Hick asked:


If you are in the market to sell your home, it is important to choose a real estate agent who will do his or her best job and provide the most excellent services to you. After all, you are looking for quality, honesty, timeliness, and dedication. So how do you go weeding out the good real estate agents from the bad real estate agents? There are a few ways that you can do this.

To start with, you will want to know how long the real estate agent has been in practice, and if their licensure is kept up to date. Several years of practice under their belt has given them a world of experience to make a good sale. Also, check what hours they work. If they don’t work nights or weekends, then this schedule will fail to accommodate most working people in the mindset to buy. A part-time realtor may not have the time to adequately market your property.

In the line of work experience, find out how many properties they have sold in the last year, and the average sale price of them. Ask them what percent of their listings have sold, and if they can provide you with references from homeowners, whose houses have sold, and those who haven’t. It is important to find an agent who is willing to disclose facts. If they are a good agent, they won’t have anything to hide. Find out how many current listings they have. The fewer the better for you, since an overloaded real estate agent won’t have the time to devote to your sale. If they have a full load already, this is the time to say goodbye.

Since advertising is key to selling your house, find out if they will commit to a certain amount of money spent each month to this area. An unadvertised house will be too unnoticeable to sell. Request a thirty or sixty-day contract agreement time. This will provide the realtor time to sell, but gives you an opportunity to move on if you are unhappy with them. If they refuse, by all means question why. You really don’t want to be locked into an agreement for years, only to find out the real estate agent is not a good one. Also find out if the property will be on the Multi Listing Service, and what their policies on open houses are. These are all key items in getting your house in the viewing area of potential buyers.

Question the real estate agent as to how long the property will take to sell at suggested price. Your house may be worth the amount advertised, but quite possibly the area will not get you that price. You need honesty in this matter. Most importantly, do not overprice your house. You may not get any potential buyers attention with this maneuver.

The real estate agent will be your home’s best opportunity to be sold. It is important to ask questions, and pay attention to detail, when making this selection. You need someone who is able to provide care, time and effort in selling your house. Remember, you are entrusting this individual to handle probably one of the biggest financial transactions of your life. Making the right choice could be the difference between that “SOLD” sign going up or not.



Holly

456 asked:


I would have to get a special permit to open a B&B and the abutters will be informed. I have heard that B&B’s usually help the area’s real estate values…Does anyone have any information on this?

Angela

waterprincess_1982 asked:


I use to design flyers, brochures, etc. for real estate agents but then got laidoff from the company. Many of them are asking me how much would I charge to design things for them. I wouldn’t have to print them, just design them. I don’t have any experience in this at all. Any help would be greatly appreciated. Thanks!

Amy

SupMid asked:


I know I can meet with multiple potential agents to evaluate my house before putting it on the market. But when I am ready to sell, is it legal to use the services of multiple agents to sell my house at the same time (considering that the agent who finds me the buyer leading to a successful sale will be compensated by commission) to increase the number of possible buyers and the possibility of selling at an optimum price?

Elaine

Roberto Luongo asked:


While looking for a profitable real estate transaction, it is imperative to look for a qualified and experienced real estate agent. A real estate agent can help you to secure the most profitable deal and you can save a great amount of money as well. But, how will you find a real estate agent? In this article, we’ll discuss factors that can help you to find the real estate agent.

Use Referrals:

Fro getting the best deal, you can use referrals given by your friends, family, neighbors and coworkers. In fact, through this medium, you can get services from people who have already satisfied the needs of your acquaintances and family members. Hence, ask people and enquire about their experiences and then, make your decision.

Search through Online Agent Listings:

Many websites offer real estate agents’ listing. The list comprises of real estate agents who have paid to be listed in the directory. You can search the list and gather full information about a realtor who can meet your requirements. Check their years of experience and read customer testimonials to choose the best help. For getting better services, you can visit realtors’ offices and ask for more details on their services.

Attend Open Houses:

Visiting open houses is the one of the easiest ways to be in touch with real estate agents. Go there, meet new people and get their business cards. Through inter-personal meeting, you will get to know about the behavior of a particular person well. Think if you are comfortable working with the person or not. Choose a person whom you think can provide your service as per your expectations.

Advertising:

Nowadays, realtors advertize their services through newspapers, internet, magazines and other sources. Hence, if you are want to hire a realtor, try searching the one in the local newspaper or go online.

Finding the right real estate agent is not a tough job if you know exact places to satisfy your curiosity.



Vanessa

set apart asked:


have gotten plastic surgery?

I have many friends in the business of real estate and each one of them have had a nip tuck or other.

Are you not allowed to age if you’re in the real estate business?…
Rita: Some of my friends are males who have also had work done… this is a sad industry if a good real estate agent has to look young. I would rather an experienced older aged person.

I am in California if that makes any difference.

Sandra

Iman Yusef-Yahya asked:


You don’t have to be in the business of real estate investing for very long before you hear the ongoing controversy – should you work with real estate agents or not? Some will tell you, absolutely not. The reason is that real estate agents are unfamiliar with the real estate investing side of the business; therefore they will not be receptive to creative deals.

While that may be true, the real truth may be that real estate investors have not always shown their best side when working with an agent and therefore have created their own bad reputation. If you approach agents as you would any other business venture and work to build a relationship on trust, in the long run such a relationship could possibly net you thousands of dollars in profits.

Give Value First

Find an agent that has a number of signs up in the neighborhood where you primarily work. Contact that agent and lay the groundwork for a relationship. In your business – if you are marketing correctly – you will be getting leads that aren’t suited for your real estate investing business. Perhaps they are not flexible on terms or price. Pass that contact information on to this agent. If you start out by giving value rather than demanding that this agent bend your direction, you will build trust.

As you get to know one another, explain the types of properties you are looking for. You are looking for the fixer uppers that the agent would be embarrassed to show to any retail buyer. Of course the agent understands now that you are going to resell. If you are the rehabber and will be the one selling to the end-user, you stand to gain if you then list the property with this agent. Even if you could make more by selling it yourself (by owner), in this instance, paying the commission would be a wise investment. Now you have offered the agent two ways to profit on one property. Additionally, you can offer a short closing date. What agent wouldn’t like to close in a ten-day time frame?

Reasonable Earnest Deposit

As a real estate investor, if all you are going to put down as earnest money is a few bucks, don’t bother with an agent. Why take the chance of offending him or her? Be ready to hand over at least $500. Again, if you do business in an ethical and trustworthy manner, that agent will bend over backward to return the favor.

Expired Listings

Ask your agent ally for the information on expired listings. These are properties that didn’t sell but the listing with the agent has now expired. Oftentimes these owners are more motivated because of the long delay with no sale. They are great candidates for you to contact and see if you can put a deal together. There are bargain properties in these listings. If you are able to help that owner get out of the property, then everyone wins.

Information at Your Fingertips

When you are out in the field, you may need property information quickly. If your relationship with this agent is well established, now you will feel at ease in calling and asking for your friend to look it up for you. You might need to know rent prices in the area, or comps of nearby sales. This is a tremendous benefit to your real estate investing business when that kind of information is yours for the asking.

Conclusion

As you can see, working with a real estate agent is no different than any other kind of business relationship that is built on trust. To view real estate agents as your competition, or even as the enemy, is totally self-defeating and can eventually cost you dearly. Essentially you are in the same business and each of you can benefit from the other.

Make it your goal to cultivate a select group of agents with whom you can work closely. After a few years of this type of relationship building, you will look back and see the thousands of dollars worth of deals that have come your way that you would never have found on your own.



Edgar

worldwide surprise asked:


are brokers, real estate agents and/or banks required to tell their clients about a counter offer by another party? if there are two customers interested in the same property and they go into a bidding war, and say i offered 95k but was told that the other party made a higher offer BUT doesn’t tell me, and instead tells me i need to bid HIGHER, are they lying to me? are they required to tell me what the other party is offering so that i have a baseline price to counter offer?

Lucy