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Real Estate Tips For December 2013

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Here are 10 Tips that will significantly help you and give you greater insight into how I view the world of real estate.

Tip #1
The ultimate real estate professional training system is comprised of 32 procedures (job functions) and over 2200 tips, 200 forms and 1200 hours of training.

Tip #2
In order for home buyers to be able to buy at the lowest possible price and under the best terms and condition, 12 procedures (job functions) must be performed by real estate agents or other servicing company personnel on their behalf.

Tip #3
In order for home sellers to be able to sell at the highest possible price and in the shortest period of time, 12 procedures (job functions) must be performed by real estate agents or other servicing company personnel on their behalf.

Tip #4
The ultimate mortgage loan officer training system is comprised of 8 procedures (job functions) and over 600 tips, 75 forms and 400 hours of training.

Tip #5
There are 40 philosophies that are new and revolutionary that real estate and mortgage professionals must obtain knowledge of, and then implement, in order to financially and psychologically survive in America’s new economy.

Tip #6
Home buyers can increase their odds of buying at the lowest possible price and under the best terms and conditions when they obtain a mortgage preapproval (a conditional mortgage commitment) rather than a mortgage prequalification (not a mortgage commitment) from a very experienced and knowledgeable loan officer.

Tip #7
Home sellers can increase their odds of selling at the highest possible price and in the shortest period of time by ordering the right type of appraisal from the right type of appraiser prior to the sale of their property.

Tip #8
Mortgage loan officers can substantially increase their business by being able to offer all types of FHA, VA, Conventional and other miscellaneous available mortgage plans to home buyers who want to purchase homes and property owners who want to refinance their homes.

Tip #9
Real estate professionals can substantially increase their business by offering buyers and sellers agency and non-agency relationships. Buyers and sellers are clients when they want agency relationships with real estate agents. They should sign listing agreements and buyer agency agreements to accomplish this. Buyers and sellers are customers when they want non-agency relationships with real estate agents. They should sign transaction broker agreements to accomplish this.

Tip #10
Agreeing to purchase real estate “as is” without having knowledge of all cosmetic and functional deficiencies and the cost to repair them can lead to a financial disaster.

I will be going into greater detail about the above 10 Tips in future articles. Remember to look for my “Real Estates Tips For January 2014” article in about four weeks.

Respectfully,

Phil Mitsch

Agents’ Note: Phil Mitsch is America’s leading economic recovery, real estate, lending and motivational coach. He is also the real estate industry’s all time, top producing residential Realtor. His 1) biography, 2) testimonials, 3) seminar topics, 4) books, 5) videos, 6) audios, 7) economic recovery tips, 8) real estate tips, 9) lending tips and 10) motivational tips can be found at www.PhilMitschForAmerica.com. For further information, contact Phil Mitsch Enterprises in Cherry Hill, New Jersey at 856-665-6569, on Twitter at @philmitsch, or by email to philmitsch@verizon.net.

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