Many unsuspecting souls think that realty is an easy, get-rich-quick job that requires few special skills and even less hard work. Before you launch a new career, let this wise, witty, straight-shooting guide deliver the cold, hard facts about what it really takes to get started and to do well in realty. A successful California Realtor for the last twenty years, Hank Myers offers seasoned advice, much-needed perspective, and candid information for new and prospective real estate agents everywhere. Unlike other "how-to" books on realty that gloss over the level of commitment-financial and otherwise-required, "The First Steps to Becoming a Real Estate Agent" is upfront about the stark reality: just how much time and energy it takes; what up-front, on-going, and hidden costs are necessary; and the amount of personal and relationship sacrifice needed to begin and maintain a career in realty. If you remain undaunted by book's end, you can trust that you are making a well-thought-out, informed decision to join the industry and that you are armed with down-to-earth expectations, the proper tools, and the know-how to set yourself up for a balanced, rewarding, and lucrative career in real estate
For far too long Real Estate Investors and Agents have missed out on massive fortunes in wealth and income because the activities of both professions have been seen as separate and unique. Only very few individuals have risen above this illusion and capitalized on the wisdom of being both - an Investor Agent. Now, for the first time, the myths are dispelled and the secrets revealed by perhaps the foremost authority and leader in teaching the principles of building massive wealth and income by the leveraging existing activities of investors and agents together in a unique line of business that until now has been misunderstood and therefore ignored by virtually all investors and agents. Follow along as you learn what Gary learned and do what Gary has done to live these principles creating a life of freedom and abundance desired by all.
Thousand of homeowners want to sell their house without the use of a real estate agent because they want to save the commission. This book will show you step by step everything you need to know to sell you home yourself.
If we consider the current situation of the Brazilian real estate market, we can concluded that the basic principle of financial, namely buy cheap and sell high, had been forgotten by Brazilian consumers, that are buying a property, right now, with prices at the top, with the fixed idea that property value will continue to appreciate over time. The story offers tire of pointing out examples of bubbles and how not to be a contributor (and, later, victim) of them, but It seems that Brazilian have distanced themselves from reality. After all the real estate market is a mirror of the current Brazilian economic situation, and by this, actually, the Brazilian real estate bubble is located in the commercial market, with empty commercial buildings. In residential sector, the dramatic situation of oversupply in many Brazilian cities, appears in its true dimension, and notes how the levels of prices are outside the reality of local income. This phenomenon is generalized, and it is since 2012 that builders offer discount, which can reach up to 35%. Higher construction costs, an increase in interest rates, price of property that grew much more than real income, difficult in obtain loan, result in a creation of a super stock, whose consequence is stalling construction in many cities, with decrease of new releases, and unemployment in the sector, that in a year rose from 6,4 to 9,4%.The bubble began to inflate because of the joint action of several factors. The allowance of MCMV program (a public subside to allow low-income families to buy a home), was obtained thanks to an artificial reduction of interest, an increase of the financing term, the signs of speculation based on the World Cup and Olympics, with rotten credit granted by builders to sell on the plant a large scale, with a default rate in the range of 20%.The rescissions and the competition in the delivery of homes fired from 2012, with an increase inflation forcing rising interest rates, which began to be transferred to the real estate finance. The visible result of all this was, the top five homebuilders in Brazil indebted, whose market price is lower than equity value, and with a stock equivalent to years of sales.The principal of this situation is the federal government, through its tax policies and stimulus to credit. The government's insistence on further heat an already heated housing market will only get worse the outcome. Current fiscal and monetary policies of the Brazilian government are clearly inflationary. Such policies inevitably will increase the cost of living in Brazil, and all other costs associated with the resurgence of inflation. When the Brazilian government will be obliged to increase the domestic interest rate, there will be a direct impact of this measure in real estate. So it will be Brazil's turn to deal with a crisis created solely by the bad management of fiscal and monetary policies of the Brazilian government. Market will not have been the creator of the crisis, but the government of Brazil.
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