International Real Estate Agents In Laguna Vista Elk Grove, CA
Posted in Best Filipino REALTOR In California on June 26, 2017
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As a prerequisite to selling real estate, a person must be licensed by the state in which they work, either as an agent/salesperson or as a broker. Before a license is issued, minimum standards for education, examinations and experience, which are determined on a state by state basis, must be met. After receiving a real estate license, most filipino agents go on to join their local board or association of REALTORS® and the NATIONAL ASSOCIATION OF REALTORS®, the world's largest professional trade association. They can then call themselves REALTORS® in Laguna Vista Elk Grove, CA.
How to Choose the Best Filipino REALTOR® in Laguna Vista Elk Grove, CA?
Using a Filipino American Agent and the Obligations that are Owed to You
An agent is bound by certain legal obligations. Traditionally, these common-law obligations are to: Put the client's interests above anyone else's; Keep the client's information confidential; Obey the client's lawful instructions; Report to the client anything that would be useful; and Account to the client for any money involved.
It is easy to get a List of Elk Grove Realtors by searching online. A simple search with the keyword, “Realtors in Laguna Vista Elk Grove, CA” will produce multiple results giving you a list of Brokers, Realtors, and Real Estate Agents.
A REALTOR® in Laguna Vista Elk Grove, CA is held to an even higher standard of conduct under the NAR’s Code of Ethics. In recent years, state laws have been passed setting up various duties for different types of agents. As you start working with a REALTOR®, ask for a clear explanation of your state's current regulations, so that you will know where you stand on these important matters.
How to Evaluate an Agent
In making your decision to work with an agent, there are certain questions you should ask when evaluating a potential Elk Grove Agent. The first question you should ask is whether the agent is a REALTOR®.
As a consumer, you end up registering on various real estate search sites and getting tons of emails and reports . You may find yourself asking, how can I know which Realtor to work with and help me navigate through the home buying process in [post-name]? The following are some tips we suggest:
1. You want to see a house when you want to see houses. Agents who are solo may say to you, “I’m not available. How about next week?” Find a Realtor that will be available to accommodate your schedule with reasonable notice.
2. Local Market Knowledge. During your first conversation with the agent, ask questions about neighborhoods, schools, trains and other commuting info, specifics that you are interested in knowing about. You’ll know in 2 seconds whether the agent you are speaking with is the local market expert and can help you with all of your options.
3. What are you looking for in a Realtor? Find Realtors who will be your advocates. Their job is to help you get what you want. Real estate agents are your consultants, your strategists, and your advisors. They should tell you the truth and will always provide you with enough information so that you can make an informed decision about your home purchase.
4. More Tips. Ask the Realtor you are interviewing how proactive they will be in finding you a home. For example, find out if they have a marketing staff that has the resources to find homes for buyers before they hit the market. See if they take a pro-active approach instead of just waiting for new listings to appear in the MLS.
You need to trust a Realtor in Laguna Vista Elk Grove, CA who will do everything possible to get the word out and fight for your best interests. Good work experience, a web presence, and a great network should be standard. With sites such as Zillow.com where you can easily find properties for sale and check out their estimated values and the agent’s own network, it’s easier than ever before to sell your property. The listing agent’s main responsibility is to get the word out and show the house.
What Questions Do I Ask My California Realtor?
Because real estate prices have dropped quite a bit, the potential commissions that real estate agents and brokers could earn have also dropped. But the drop in commissions can be more than offset by the amount of properties that can be sold. And getting quality real estate leads is one of the keys to making this a reality for real estate professionals. This is because there are so many more properties on the market now than there were before the bubble burst.
The rise in the number of homeowners who are underwater on their mortgages has increased so much that a very large number of them have decided that they cannot afford to stay in their homes. They would rather sell their home and buy a comparable home for a much lower price, and take the loss so that they can improve their cash flow situation by having a lower mortgage payment each month. And since there is no shortage of properties to buy, these people had no problem finding a suitable home for a good price.
And another result of the rise in available properties is that more and more people are becoming first-time homeowners. Since prices on homes are falling, more and more people are able to afford a home for the same amount they are currently paying in rent. So the logical choice for these people is to buy a house rather than continuing to rent.
These factors all lead to one thing - a higher need for real estate agents to help the buying and selling of all of these properties. Therefore, even though prices have fallen, the quantity of available properties, buyers, and sellers has raised which more than makes up for the lower prices in terms of how much a given real estate agent could make in the current real estate market. And as we all know, the more clients a real estate agent has, the more properties they'll sell and the more money they'll make.
The problem comes in when a real estate agent has already gone through their current client list. The best way for them to get more clients is to somehow obtain more real estate leads. Not only do they need more leads, they need high quality leads if they are going to be successful in converting a high number of them into clients who actually follow through on buying and/or selling one or more properties.
So how can you get more real estate leads? There are of course many different ways. These include buying them from an agency that offers them, advertising, subscribing to lead generation websites, developing and keeping current your own real estate website that draws potential
clients to it, and best of all by getting them through your own network. There are undoubtedly other ways of generating real estate leads as well, but these are the most common methods - all of which have proven to work to a certain degree.
One of the easiest ways to get real estate leads is by purchasing them. There are companies whose sole purpose is to find people who want to buy or sell a property. They then sell this information to people who are willing to pay for it. So if you are a real estate agent looking for real estate leads and either don't have the time to find your own, or simply don't want to, then this may be a good option for you.
You can also build your network by meeting new people at any other place. You could talk to someone at the grocery store, library, church, waiting in line at the bank, or anywhere you are around other people for more than a few minutes at a time and starting a conversation wouldn't be too awkward. It can be done anywhere, with just about anyone, at almost any time. And the more dedicated you are to it, the faster you'll be able to grow your network and the better off you'll be in the long run.
Some of the best ways to network are by talking to the people you already know. These are people who are already in your network, and you can use them to help you grow your network even larger. The most obvious way is to simply ask them if they are interested in buying or selling a property in the near future, and to keep you in mind if they are.
But another way to help you grow your network is to ask them who they know that may be interested in buying or selling a property. You are basically asking them for real estate leads using different words. You could ask them for the names and numbers of people who they know who may be interested in buying or selling a property, or you could ask them to give your contact information to the people they have in mind when you ask them that question.
It's a great idea to have business cards with your contact information made up when you're networking. That way you won't have to rely on people's memories which are definitely not the most reliable things when compared to something they can simply read from a card. Cards on the other hand make it so that the person you are giving your contact information to doesn't have to rely on their memory, and it puts forth a more professional image as well which can only benefit you.
Real estate values have taken a dive and one of the results has led to there being many, many more properties on the market now compared to before the economy took a dive in 2008. This means that even though the prices are lower, the higher quantity of properties on the market make it possible to buy and sell more of them and make more money in commissions as a result which will more than make up for the decreased individual property values.
I order to sell more properties you must have more clients. And to get more clients, you need to have more real estate leads. These real estate leads can be generated in a variety of different ways, all of which can be useful to real estate professionals. Having reliable leads will definitely result in more clients, more sales, and more money made in commissions. Purchasing them, advertising for them, or getting them from your network is all great ways go get leads that all have their own strengths and weaknesses. Pick the one that will work best for you, and you'll be on your way to making more money through real estate in less time that you think.
How Do I Choose A California Real Estate Agent For Buying?
Because Finding the Right Real Estate Agent Can Make All the Difference in the Success or Failure of Your Home Sale
Selling a home involves many critical and personal decisions. However, one of the most important decisions is the first decision you need to make—a decision that impacts your entire home sale:
Which real estate agent should you work with?
Unfortunately, many people make this decision based on the idea that all real estate agents are basically the same. They sign with the first agent to come along, only to realize too late that they should have shopped around.
This article is designed to help you avoid that mistake by equipping you with what to look for in selecting your agent.
Start by asking your friends and family for the names of agents they know. Look around your neighborhood for the signs, ads and marketing materials of active agents in the neighborhood. Once you’ve compiled a list of several names, use this guide to help you determine which agent is best for you.
Here are the questions you should ask each agent:
"Could you send me some information about yourself?"
You can often get a good idea of which agents are most professional and most committed by looking at their personal marketing materials—brochures, direct mail, listing presentation book, etc.
Call each name on your list and ask them to send out any information they can before you actually meet with them for a listing presentation. When you get the personal brochure or other materials, look them over and determine your initial impression of this person.
Are the materials they presented professional?
If not, you might ask yourself,
"If they don’t have the wherewithal to properly market themselves, how will they market my home?"
Also, keep track of how quickly and efficiently they respond to your request for information. Are they friendly and helpful? Or just pushy and hungry for a listing?
Does this seem like someone you’d be interested in talking with? If they aren’t organized and professional enough to respond promptly to your first request to find out more about them, they’ll probably handle potential buyers for your home the same way.
If you like the way they respond to you and are impressed with the information they supply, call them and invite them to make a listing presentation to you.
It’s always a good practice to meet with more than one potential agent before making a final decision—usually three to five for sellers.
Just make sure that you don’t meet with more than one from the same company. This could cause internal strife which would be counterproductive in marketing your home.
"How do you approach your work?"
What you should be looking for, first and foremost, is an honest and knowledgeable individual, who works full-time, represents a solid and reputable real estate agency, and will treat your best interests as paramount. Length of time in the business, track record of success, previous experience, expertise in and knowledge of the local real estate market—all of these are factors to consider.
While the right agent to market your home may not be number one in every aspect, you want to make sure that the person you hire is a well-rounded individual whom you can trust and respect as a professional.
"How many homes have you listed in the past six months?"
Look for an agent who is active in your area and has experience dealing with homes and situations like yours. This is especially critical if your home or transaction has special features or terms that may make it more challenging than the typical home sale.
"How many homes have you sold in the last six months?"
Beware of agents who simply gather listings and let them sit and wait for someone else to sell them.
Your agent should have a good track record getting homes sold, which is, after all, your ultimate goal.
"What is the average length of time your listings are on the market?"
You may automatically assume the shorter time on the market, the better. But take note:
If an average length of time on the market is significantly faster than the average for homes in the area, is it because this agent is more effective or because he or she likes to low-ball the asking price in order to get homes sold more quickly?
Also, take a look at what the original asking prices are for homes the agent lists versus what the homes finally sell for. This "swing" number will tell you how effective the agent is at helping clients determine the right asking price and doing what it takes to help them get it.
"How long have you been in the business?"
Depending on the agent’s background and track record, there is no hard and fast rule for what to look for here.
An agent may have been a licensed real estate professional for 15 years, but only selling part-time and never really an active seller—maybe only handling one or two transactions per year.
Especially beware of agents who are willing up front to take a reduction in their commission. It may well mean that they never intend to spend much time, effort or money in selling your home to begin with.
"What other fees or charges do need to be aware of?"
Title insurance, escrow charges, closing costs and prorated insurance, taxes, rent, home owner’s association dues, etc.—the individual circumstances of your transaction and the needs of your buyer will all impact your final financial obligation.
Be sure your agent goes over all the costs that may be incurred so that you’ll be prepared.
"What disclosure laws or special zones apply to me and what do I need to provide?"
You and your agent will both need to provide specific disclosure forms regarding your transaction and your property. Also, if you live in an earthquake-, flood- or other disaster-prone area, special statements—or special study zones reports—may be required.
Your agent should be able to help you locate professional inspectors for the various mandatory home inspections.
Most agents will help you organize a home marketing file—including a property fact sheet, a property transfer disclosure statement, pest control report, applicable C.C. & R.s, applicable special study zones report, available soils or structural engineering report, property profile from the title company, applicable plans for alterations or additions, any home warranty plan offered and applicable special equipment report for pools, spas, sprinkler and alarm systems, etc.
"What is a home protection plan and should consider purchasing one to facilitate my sale?"
There are many ways to enhance the salability of your home and sweeten the deal for prospective buyers. You may not need them, but you should know what they are and how they may or may not benefit you.
"How will you determine the qualification of potential buyers?"
Ask what procedures the agent will use to make sure that you don’t waste any time dealing with dead-end offers or escrows that can’t be closed.
"What happens if my home doesn’t sell in the allotted time or if I decide not to sell my home?"
Much of the answer to this question should be spelled out in the listing agreement. Make sure your agent goes over every part of it with you.
Be sure to find out whether your contract contains a "liquidated damages" clause.
These are designed to specify a dollar amount you would be liable for should you decide to take your house off the market before the expiration date of the agreement.
"What’s the best way for me to get in touch with you?"
In this age of expanding technology and instant communication, most agents have pagers, voice mail and voice messaging services.
You should know exactly how to get through to your agent, his or her assistant, or a messaging service in case of an emergency 24 hours a day.
Your agent should not only provide you with prompt responses to your calls, but also should have a step-by-step plan regarding how he or she will keep you informed about the status of your home sale, including daily, weekly or monthly written reports on the actions that have been taken to sell your home and the resulting response from prospective buyers and other agents.
"How would you like for me to give you feedback?"
As important as it is for your agent to keep you up to date, you should give regular feedback to your agent as to how satisfied you are with his or her service.
The best agent is one who makes it easy for you to communicate your satisfaction as well as the things you would like to see changed about the way he or she is handling your transaction.
Perhaps all you need is an explanation of why things are going the way they are or why your agent is handling things a certain way, but the more you can get all of these feelings out in the open, the better the two of you can communicate and work to change things if need be.
An organized professional will provide you with service questionnaires both at the beginning of the relationship so you can outline your expectations and at the end of the transaction so you can let him or her know how well those expectations were met, as well as regularly during the course of the sale so you can deal with any positives or negatives that occur along the way.
Sean L. Spencer, Realtor