professional (5)

4359193230?profile=originalShould newly-minted real estate licensees be required to go through an apprenticeship period?

 

This is the question being discussed among real estate professionals across the county.

The topic in question is whether or not an initial license alone is sufficient for a person to practice the business of real estate. The solution suggested by professionalism advocates is to adopt legislation requiring an apprenticeship phase. Providing structured supervision and training to new licensees in an effort to elevate the character and professionalism throughout the industry.

In spite of the ongoing apprenticeship debate, most do agree that our industry is due for a "new development of professional consciousness and  a higher standard of professional service",  towards both consumers and practitioners alike.

 

How many of you think our industry lacks professionalism amongst its peers?

 

In a recent article written by Realty Times—California Real Estate Commissioner discusses "what makes a real estate practitioner a professional". 

Read it here and honestly ask yourself how many of the 7 professional attributes  you possess. 

http://realtytimes.com/todaysheadlines1/item/31818-20141202-real-estate-commissioner-seeks-greater-industry-professionalism

 

So, how many of the 7 did you claim?

 

Michael Humphries, designated broker for Compass Roads Realty, Inc. and writer for iOn real estate covers local and national real estate news, industry trends and market analytics. Read more of his work here.

Search for thousands of homes in South Florida with direct access to the MLS. http://compassroadsrealty.com/

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The Benefits and Value of Home Staging

5 Simple Things Sellers Should Know About the Value of Home Staging

 

1: The cost of staging is always less than your first price reduction!

It is a known fact that two things are key in selling real estate….price and location.

So why stage? Many reasons! STANDING OUT from the competition is one, especially in today’s down market where buyers see home after home, without being able to make up their minds.  Very often even the same floor plan comes up repeatedly. Staging makes a home stand out from the rest in a great way! Staging is the surest way to “help” the buyer envision living in the space.

 

2: Staging does not need to always be a full-blown/fully furnished affair!

‘Staging’ for the purpose of selling means to assess each property, and stage/address issues on a case-by-case basis. Some property conditions may not lend themselves to staging, and that’s fine. Staging is about having the presence of mind to address distractions as needed, (if/when allowed) or financially reasonable.

 

3: Staging is done with ONE goal - Guiding a buyer’s eye toward functionality!

Too often distractions distract buyers from seeing the true positives in a home. Staging is about removing those distractions, whether it’s a harsh paint color, minor repairs, or just trash and grime. Too many broken “small” details left undone WILL lead buyers to think there are other hidden problems.   

 

4: Staging is about removing doubt that a property it’s not worth its asking price!

 In today’s market buyers have choices, and they’re able to compare what’s on the market. Two exact floor plans will be set apart by their condition. In today’s market of HUGE homes makes it a daunting task for a buyer to just imagine having to paint an entire house with soaring walls, when there is another exact home down the street for the same price! If there is ANYTHING broken or dirty, it MUST be addressed - otherwise a buyer will feel overwhelmed and move on to the next house. Staging does NOT always mean adding “furnishings” anymore. I can mean addressing the smallest of details and distractions, as supposed to just sticking a For Sale sign in the yard and adding “sold AS-IS” on the MLS! 

 

5: Home Staging is about helping buyers visualize their dreams coming true!

 When we Stage a home we’re helping buyers gap their lifestyle dream, from what “is”, to what “will be”.   Helping a buyer envision themselves living (hassle-free) in the property, is what Staging is about. When a buyer can see themselves living in the home, wallets open.   

 

Why should sellers list with REALTORS® WHO STAGE?

Because Staging Realtors consistently do more, and innately go beyond what’s expected to market HOMES (not just houses).  Staging Realtors try to envision and connect the dots with what buyers look for in a HOME. Studies show buyers pay top dollar when they fall in love with THE perfect HOME! 

Here’s an EXAMPLE of how Non-Staging gent and a Staging-Realtor market the SAME space!  

This concept also include Realtors who even though they don't do Staging themselves, they use the services of a Home Staging Professional.

This home was on the market for 63 days with a NON-Staging agent, but on the market for only 7 days after being Staged, by yours truly, before receiving the accepted offer, and consequently TWO backup offers.

By the way, this was an REO listing.

 

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Is it a rumor or a fact? Short Sale transaction conditions have supported that lenders are stepping up to the plate and offering both their Delinquent Borrower/Homeowner and Realtors "Deals" to remendy a default/delinquent loan by a quick Short Sale transaction. Full borrower cooperation supported by experienced Real Estate service is the key to success. Incentives usually add up to dollars and cents for everyone involved; lender-borrower-realtor.Denise StovallNorthern CaliforniaSonoma County
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In today's active Real Estate environment with so much information delivered and shared we somehow get through the day only skimming over the relevant facts. To prevent inaccuacies and manage Real Estate Risk Slow Down and Read. Start with your Agreements, Contracts, Assignments, Disclosures and Real Estate Transaction Documents and don't stop there because it is our responsiblity Real Estate Professionals to stay current and provide accurate information as it pertains to the sale of real property with minimum risk to our clients and employers.
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REO Default Certified Professional (RDCPro)

Having completed Default School and earning the RDCPro designation, I thought I would share my experience with you all. On the topic of certifications, designations and education, I am of mixed mind. You may ask...Why? And the answer is simply because some of these programs are too much 'fluff,' just trying to suck a quick couple hundred dollars out of Realtors and thin on material. Some on the other hand are put together by honorable people, truly trying to offer value and improve their industry. You never really know for sure until you take the course(s).I am all for continuing your education throughout your career, but I am also leary of some programs and try to research them before jumping on board. Everything I could find about RDCPro and Default School pointed toward it being a good designation and the required courses being valuable, so I went for it.After completing it, I felt that the courses required for the RDCPro designation (taken through Default School and administered by RealEstateEducate.com) were both very legitimate courses. Almost everything in it was, in my opinion, quality material and meaningful. The designation requires the completion of 2 courses: REO Best Practices (formerly Learning the REO Ropes) and Advanced Evaluations.The REO Best Practices portion covered REO's from start to finish. Filled with information crucial to understanding the REO process and to keeping Asset Managers happy! The presentation was good and the information was legitimate, current and useful. I appreciated that there wasn't a bunch of what I would call 'filler' material in it.Advanced Evaluations was also done well. On this one I felt it did stretch the material a bit, but this is somewhat understandable in that it there is just less to doing BPO's than there it to REO's. While I personally got much more out of the Best Practices portion, the Advanced Evaluations portion did act as a good refresher.All in all, I think the RDCPro designation is wothwhile and definitely adds value. While it has not directly led to any additional REO listings, I think it will and even if it didn't I still would be glad I completed it. Expanding your knowledge and learning new things about your profession will never be a bad thing.I can't speak on any of the other REO designations, but I would say that I give the RDCPro a thumbs up for providing good, useful and current training.Best of luck and let me know your thoughts on any other training/designations you know about or have completed.
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