Archive for July, 2007


You’re in the middle of very important meeting with your client. Your mobile phone rings and caller ID is not a familiar number. You have to ignored it. Now after the meeting what do you do? You go to Reverse Phone Number Search to find out who called.

Real Estate Agents need to use this service because we want to get the actual address of the phone number. Because we want create a listing package based on the actual property. You need an address to create CMA. (Comparative Market Analysis)

Benefits:

  1. Research “missed calls” on your caller ID that you don’t recognize
  2. Lookup someone’s exact address
  3. Lookup someone’s address based on Cell Phone #
  4. Find out the source of a harassing (”prank”) caller
  5. Research a number that appeared on your phone bill
  6. Investigate a “suspicious” number that you found on your husband/wife’s phone

There are many free reverse phone # lookup service available from Verizon or other major carriers. Many of them are useless because if they’re not listed on whitepages then you have no luck especially cell phone numbers.

Try and enter the phone number you want to lookup now~!!!

Example: 555-555-5555

Excellent tool~!!!

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Well, nothing is free in this world. Start up cost for building your Real Estate Empire is no exception. This is just an estimated figure to give you some idea how much you will be spending in first 3 months. You must take full control over your expenses.  Not only you have to become a good salesman but you also have to become better businessman in order to success in Real Estate business. I break them down into 3 categories; Basic, required, and optional expenses. Most expenses are based in California. Check your local Department of Real Estate & Local Boards.

Start Up Cost Break Down:
Basic License Expenses: $ 340

  1. State Exam: $ 25
  2. License: $ 145
  3. Finger Print: $ 20
  4. Required Classes, Textbook and Exam Prep: $ 150

Required Expenses: $ 4,050

  1. Business Cards: $ 100
  2. Annual MLS Access: $ 250
  3. Errors & Omission Insurance: $ 800
  4. GE/Supra eKey & Lock Box: $ 300
  5. Printing & Mailing: $ 1,500
  6. Auto Insurance for Realtor: $ 500 extra/year
  7. Signage: $ 300
  8. Website: $ 300

Optional Expenses: $4,900

  1. Association of Realtor: $ 350
  2. Digital Camera: $250
  3. Laptop Computer: $ 800
  4. Mobile Broadband Card & Subscription: $ 500
  5. Advertising: $1,000
  6. Office Expense: $2,000

Total Start Up: $ 9,290 +

This figure doesn’t include the automobile expenses such as gas, car payments and maintenance. You may be surprised that cost of real estate career is not cheap. But there are not that many business that you can earn 6 figure income every year with $10,000 initial investment.

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eBay is great place to shop for anything. I regularly shop at eBay for any bargains. Usually, I’m the only bidder to same item that attract multiple bidders. Sounds strange?

How do I search for bargains that nobody knows about? Yes, there is a eBay Search Secret. Quite simple and fast.

Take advantage of seller’s typos on listing titles. Thousands of items on eBay are listed with descriptions containing spelling mistakes. These items often expire with no bids on them as no-one can find them. It’s time to uncover those hidden gems.

Type in a keyword below and click the generate button. It will generate many possibilities of misspellings with your keyword. Try now~!!!

Instruction:

  1. Type in a keyword below and click on the Generate button.
  2. Click on the “Find misspellings of ‘Your Keyword’ on eBay.com” link that will appear on the bottom
  3. Happy Bidding~!!!

eBay.com USA

eBay.co.uk UK


eBay.ca CANADA


eBay.com.au AUSTRALIA


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People will always need places to live. As such the real estate market has been around in some form or another for a long time, and is likely to be around for much longer. Because most people will buy or sell at least one home in their lifetime, potential real estate leads are everywhere, just waiting to be snatched up by an agent.

That’s a good thing to know if you’re interested in becoming a real estate agent. If you think real estate is a money tree and converting real estate leads in clients is a piece of cake, don’t even bother getting your license. The first thing to realize when thinking about a job in real estate is that it takes a lot of hard work to be successful at converting real estate leads to clients. Of course that is counter balanced by the fact that there is almost unlimited earning potential in the field if you’ve got real estate leads and you know how to work them.

The first step to becoming a real estate agent is doing your homework. Research the field, talk to other agents, get an idea of what you’ll be getting yourself into, because the classes you take to get licensed are simply to get licensed. They rarely tell you how to actually bean agent.

Once you’ve made the decision to go for it, start now. It can take 2-3 months to finish classes and get your license, but don’t wait until you’re licensed to start building your real estate leads database. Sit down and think about every person you know by face or name, get as much contact information as possible on them, and enter them into a database. There. You’ve just collected a bunch of real estate leads already!

As you’re working your way to getting your license, there are a few other things you can do to prepare, so that you can start earning money with your real estate leads as soon as possible after getting licensed. If you’re going to be following up with all those real estate leads you compiled, you’ll need a cell phone and a car. Look into cell phone plans with unlimited minutes, because you’ll use them. Look for a reliable 4 door car that does great on gas mileage, because you’ll definitely be needing that as well. Don’t worry about getting a Beamer your first year – there will be plenty of time for extravagant spending once you’re a success. For now, you just want to be able to contact and visit your real estate leads for as little money as possible.

It is also important to think about what kind of real estate company to go with even before you’re licensed. It’s best to find a comfortable mix of a company that will cover some of your expenses for a portion of your commissions, but doesn’t limit you on your marketing abilities. Some companies will provide you with tons of support and your own real estate leads. Others won’t. It’s up to you to find a good mix that helps you out but doesn’t constrict you too much. When you go into real estate, you’re starting your own business. Always think of it that way.

Remember that list of real estate leads you compiled of everyone you know? While taking your real estate classes, it’s time to let those real estate leads know what you’re up to. Start giving them a head’s up that soon you’ll be a licensed real estate agent and though you can’t sell real estate at this moment, you will be able to do by whatever date you get your license. It’s never to early to start building that sphere of influence and filling it with real estate leads.

One of the best things you can do, if it is a possibility, is talk to a successful real estate agent. The only way to truly learn to be a great agent is to learn from the best! Build a rapport with a real estate agent and than offer to do their dirty work. That’s right – even if just for a day or two, ask them if you can help follow up with their real estate leads, just to get an idea of what the business is all about. Not many people would turn down free labor, and it gives you an idea of exactly what you should be doing to be successful with your real estate leads once you’re licensed.

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Mortgage lenders sent more foreclosure notices to California homeowners in the second quarter than anytime in the past 11 years, a real estate information firm reported today.

A total of 53,943 “Notices of Default” were recorded statewide last quarter, up 15.4 % from first quarter, and 158 %from the April-to-June period in 2006, according to DataQuick Information Systems. The notices are the first step in the foreclosure process, and are typically sent to homeowners who’ve failed to make their mortgage payments for a few consecutive months.

“A lot of the loans that went bad last quarter were made at or just beyond the cycle’s peak,” between summer 2005 and summer 2006, said Marshall Prentice, DataQuick’s president. “Appreciation rates for most of that period were in the double digits and lenders let many households stretch their finances to the max, and beyond. It’s that pool of `beyond’ mortgages that the market is working its way through.”

Defaults in the second quarter were at the highest level since the fourth quarter of 1996, when 54,045 were sent.

A total of 1,275 default notices were sent to Santa Clara County homeowners in the second quarter, up 20.5 % from first quarter of 2007, and 140.6 % from second quarter 2006.

On a loan-by-loan basis, the county’s homeowners are among the least likely to be in default, DataQuick said. Only homeowners in Marin, San Francisco and San Mateo counties are less likely to be in default than Santa Clara County owners.

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