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Posts published in “Myths Of Real Estate”

How to Give Buyers What They Really Want Online

Today’s Internet-savvy cash home buyer has a certain expectation when they shop online. As a real estate professional is your online property presentations meeting those expectations or falling woefully short?

Today’s technology-savvy consumers start their home searches online. That’s a fact!, you need to understand this important fact as well: They will eliminate properties based upon their visual content (or, I should say, lack thereof!)

Why is it that consumers can “customize” a pair of $100 sneakers online, but still can’t view decent photos of a $500,000 home? In this eye-opening presentation, Technology Guru and Master Motivator, Verl Workman, walks you step-by-step through some of the most popular websites in the world to show you what kind of experience your potential customers are expecting when they go to your site and visit your listings online. If you’re not giving your would-be clients this level of experience, what message about YOU is this sending and how much business are you losing?

This Engaging Webinar, Learn How You Can

Create a plan for listings that will get more buyers calling to see your homes
Develop an automatic listing syndication strategy that receives every listing more exposure
Track your policy to ensure your marketing dollars are well spent
Understand the lifecycle of a client and how to engage them every step of the way
How to stay in touch with your client for 5-7 years by providing them with real value that keeps them engaged with you
Four specific tips on converting internet leads.
Don’t miss this session! It will be a real eye-opener full of “Aha!” moments!

A Buyer Listing Service. What?

We as a whole know purchasers are the new hot property. Is it true that it isn’t time you knew how to contact them adequately?

Go along with us this week as Stefan Swanepoel, creator of Swanepoel Trends Report, talks with Duncan Logan, CEO of NationalBLS, to enable you to begin boosting your compass to purchasers TODAY.

Tune in as Stefan and Duncan examine Buyers Listing Service. Stefan will dive further to see whether a national purchaser posting administration is the most significant development to hit land since the MLS or on the off chance that it is only a troublesome innovation to confound the market.

Learning Objectives

Amid this live webcast, you will take in more about the new purchasers posting administration and if it genuinely is justified regardless of your opportunity or cash.

Features of this substance rich session include:

A top to bottom take a gander at a Buyers Listing Service

Compelling approaches to achieve purchasers

About Your Speaker

Stefan Swanepoel is generally perceived as the leading visionary on patterns and has penned 13 Books, Whitepapers and Reports including the 1998 smash hit; Real Estate stands up to Reality (1997), the continuation Real Estate goes up against the Future (2004) and the Swanepoel TRENDS Report.

Stefan’s point of view is dependable for a confident and stable future. On the off chance that you need scholarly incitement, Stefan’s the one to do it. He is connecting with, stimulating and engaging and a standout amongst other speakers in the land business.

Myths Of Buying A Home

So you’re in the market for buying a home. It’s both, an exciting time and a scary time. All that money you have saved is about to be spent, for the intended purpose, of course! You have spent countless hours consulting various blogs and other how-to resources arming yourself with the most prudent and up-to-date information. Most likely you have come across many do’s and don’ts when it comes to buying a home, below are four common myths that I would like to debunk.

1. Home Buying Myths More Substantial Down Payment Is Always Better

Common perception says this is a no-brainer. The more you put down now, the less you will pay over time. This is finance 101! While this is true; why use your entire safety net? Down-payments of 3.5% have become immensely popular in recent years. With the proliferation of mortgage insurance borrowers may be able to get lower interest rates than those who put down 20 or even 25 percent! However, the primary reason why putting less money down is due to the benefit of having flexibility. By not having your entire portfolio tied up in your home, you have allowed yourself a safety net in case of an emergency such as job loss, home repairs, injury, or family accident. Also, you may reallocate that money into other endeavors such as financial instruments where even novice investors can turn an 8% yearly profit.

2. Homes In The Suburbs Are More Valuable

Developers love the suburbs because the land is generally cheaper and therefore you get more home for your money. The apartments are also often brand new and attractive. Where you get hurt by the “hidden costs.” For instance, in the suburbs, you generally live further from your job, schools, transportation centers, and entertainment venues. The “savings,” from your cheaper home, are often lost due to the high transportation costs.
This does not include parking nor does it include weekend excursions. The average American spends over 100 hours per year commuting! That is pretty much two weeks’ worth of work time that you could spend doing activities that are much more enjoyable than commuting.

3. A 30yr Fixed Mortgage Is Always The Way To Go

This is only true if you plan on staying in your current residence for more than ten years. If you intend on moving in the next 5-10 years a fixed rate for ten years would be much more appropriate. This is because, typically the longer your rate, the higher your interest rate will be and hence you would be paying a more considerable sum of money for absolutely nothing in return. Nowadays, people tend to change jobs more frequently and thus, locations as well. Therefore there is little sense in a 30yr fixed rate if you are young and plan on moving anytime in the future.

4. You Should Pay Down Your Mortgage As Fast As Possible

Homebuying mythsThis intonation was mainly formed in the 1980’s when many people had double-digit rates. Now rates are lower than ever so you should not be in panic mode from the lifetime value of the price. Instead, you should weigh the opportunity costs of doing so. Having flexibility could be much more critical than penny-pinching to pay off your mortgage. For instance, you could redirect that money towards a different endeavor such as starting your own business, investing in the stock market, or making an additional real estate venture.