Real Estate Broker Quotes

If Heaven actually exists, I don't need anyone to be my real estate broker. After all, what is religion but an attempt to sell you a share in the ultimate gated community?

A college offers a course that prepares students for the state licensing exam for real estate brokers.

Eddie has long joked that the two most useful backgrounds for a real estate broker are psychology and elementary education.

I thought I should call a matchmaker. For me, this seemed like a radical step. It never occurred to me to hire a matchmaker when I was younger because I always believed I'd meet a man on my own. He'd be sitting next to me on an airplane, waiting in line behind me at the dry cleaner, working in the same office attending the same party, hanging out at the same coffeehouse. It seemed ridiculous now, when I thought about the odds of this happening. After all, we don't subject other important aspects of out lives to pure chance. When you want to get a job you don't just hang out in the lobbies of office buildings, hoping an employer will strike up a conversation with you. When you want to buy a house, you don't walk aimlessly from neighborhood to neighborhood on your own, hoping to spot a house that happens to be for sale, matches your personal taste and contains the appropriate number of bedrooms and bathrooms. That's too random. If that's your only method of house hunting, you might end up homeless. So you hire a real estate broker to show you the potential homes that meet your needs. By the same token, why not hire a matchmaker to show you potential partners?

You’ve been a hard worker—white, black, Asian, and Latino women ship out of the San Francisco port because of you. You have been a shipfitter, a nurse, a real estate broker, and a barber. Many men and—if my memory serves me right—a few women risked their lives to love you. You were a terrible mother of small children, but there has never been anyone greater than you as a mother of a young adult.

Today, I have expensive attorneys, accountants, real estate brokers, and stockbrokers. Why? Because if, and I do mean if, the people are professionals, their services should make you money. And the more money they make, the more money I make. We

I tell you what to do. Go to Manhattan tomorrow. Go first to Times Square. You’ll see the same people you used to see in Arkansas. Their accents might be different, their dress might be different, but if they are American whites, they’re all Southern crackers. Then go to Harlem. Harlem is the largest plantation in this country. You’ll see lawyers in three-piece suits, real estate brokers in mink coats, pimps in white Cadillacs, but they’re all sharecropping. Sharecropping on a mean plantation.

Minimalism is a way of living at the maximum of your potential.

A great real estate agent don't sells, he helps.

The most profitable investment on the land is land.

One common factor among all rich people on earth is that they all invest in earth.

In the twenty-first century, the visions of J.C. Nichols and Walt Disney have come full circle and joined. “Neighborhoods” are increasingly “developments,” corporate theme parks. But corporations aren’t interested in the messy ebb and flow of humanity. They want stability and predictable rates of return. And although racial discrimination is no longer a stated policy for real estate brokers and developers, racial and social homogeneity are still firmly embedded in America’s collective idea of stability; that’s what our new landlords are thinking even if they are not saying it.

And it says here a fellow was inaugurated mayor in overalls—a preacher, too! What do you think of that!” “Humph! Well!” He searched for an attitude, but neither as a Republican, a Presbyterian, an Elk, nor a real-estate broker did he have any doctrine about preacher-mayors laid down for him, so he grunted and went on.

What is a “pyramid?” I grew up in real estate my entire life. My father built one of the largest real estate brokerage companies on the East Coast in the 1970s, before selling it to Merrill Lynch. When my brother and I graduated from college, we both joined him in building a new real estate company. I went into sales and into opening a few offices, while my older brother went into management of the company. In sales, I was able to create a six-figure income. I worked 60+ hours a week in such pursuit. My brother worked hard too, but not in the same fashion. He focused on opening offices and recruiting others to become agents to sell houses for him. My brother never listed and sold a single house in his career, yet he out-earned me 10-to-1. He made millions because he earned a cut of every commission from all the houses his 1,000+ agents sold. He worked smarter, while I worked harder. I guess he was at the top of the “pyramid.” Is this legal? Should he be allowed to earn more than any of the agents who worked so hard selling homes? I imagine everyone will agree that being a real estate broker is totally legal. Those who are smart, willing to take the financial risk of overhead, and up for the challenge of recruiting good agents, are the ones who get to live a life benefitting from leveraged Income. So how is Network Marketing any different? I submit to you that I found it to be a step better. One day, a friend shared with me how he was earning the same income I was, but that he was doing so from home without the overhead, employees, insurance, stress, and being subject to market conditions. He was doing so in a network marketing business. At first I refuted him by denouncements that he was in a pyramid scheme. He asked me to explain why. I shared that he was earning money off the backs of others he recruited into his downline, not from his own efforts. He replied, “Do you mean like your family earns money off the backs of the real estate agents in your company?” I froze, and anyone who knows me knows how quick-witted I normally am. Then he said, “Who is working smarter, you or your dad and brother?” Now I was mad. Not at him, but at myself. That was my light bulb moment. I had been closed-minded and it was costing me. That was the birth of my enlightenment, and I began to enter and study this network marketing profession. Let me explain why I found it to be a step better. My research led me to learn why this business model made so much sense for a company that wanted a cost-effective way to bring a product to market. Instead of spending millions in traditional media ad buys, which has a declining effectiveness, companies are opting to employ the network marketing model. In doing so, the company only incurs marketing cost if and when a sale is made. They get an army of word-of-mouth salespeople using the most effective way of influencing buying decisions, who only get paid for performance. No salaries, only commissions. But what is also employed is a high sense of motivation, wherein these salespeople can be building a business of their own and not just be salespeople. If they choose to recruit others and teach them how to sell the product or service, they can earn override income just like the broker in a real estate company does. So now they see life through a different lens, as a business owner waking up each day excited about the future they are building for themselves. They are not salespeople; they are business owners.

Lamore took his doubts to his boss, Robert Sollazzo, who had doubts too. But not enough doubts. As the SEC postmortem on the Madoff case concluded, “Sollazzo did not find that Madoff’s claim to be trading on ‘gut feel’ was ‘necessarily…ridiculous.’” The SEC defaulted to truth, and the fraud continued. Across Wall Street, in fact, countless people who had had dealings with Madoff thought that something didn’t quite add up about him. Several investment banks steered clear of him. Even the real-estate broker who rented him his office space thought he was a bit off. But no one did anything about it, or jumped to the conclusion that he was history’s greatest con man. In the Madoff case, everyone defaulted to truth—everyone, that is, except one person.

If government had declined to build racially separate public housing in cities where segregation hadn’t previously taken root, and instead had scattered integrated developments throughout the community, those cities might have developed in a less racially toxic fashion, with fewer desperate ghettos and more diverse suburbs. If the federal government had not urged suburbs to adopt exclusionary zoning laws, white flight would have been minimized because there would have been fewer racially exclusive suburbs to which frightened homeowners could flee. If the government had told developers that they could have FHA guarantees only if the homes they built were open to all, integrated working-class suburbs would likely have matured with both African Americans and whites sharing the benefits. If state courts had not blessed private discrimination by ordering the eviction of African American homeowners in neighborhoods where association rules and restrictive covenants barred their residence, middle-class African Americans would have been able gradually to integrate previously white communities as they developed the financial means to do so. If churches, universities, and hospitals had faced loss of tax-exempt status for their promotion of restrictive covenants, they most likely would have refrained from such activity. If police had arrested, rather than encouraged, leaders of mob violence when African Americans moved into previously white neighborhoods, racial transitions would have been smoother. If state real estate commissions had denied licenses to brokers who claimed an “ethical” obligation to impose segregation, those brokers might have guided the evolution of interracial neighborhoods. If school boards had not placed schools and drawn attendance boundaries to ensure the separation of black and white pupils, families might not have had to relocate to have access to education for their children. If federal and state highway planners had not used urban interstates to demolish African American neighborhoods and force their residents deeper into urban ghettos, black impoverishment would have lessened, and some displaced families might have accumulated the resources to improve their housing and its location. If government had given African Americans the same labor-market rights that other citizens enjoyed, African American working-class families would not have been trapped in lower-income minority communities, from lack of funds to live elsewhere. If the federal government had not exploited the racial boundaries it had created in metropolitan areas, by spending billions on tax breaks for single-family suburban homeowners, while failing to spend adequate funds on transportation networks that could bring African Americans to job opportunities, the inequality on which segregation feeds would have diminished. If federal programs were not, even to this day, reinforcing racial isolation by disproportionately directing low-income African Americans who receive housing assistance into the segregated neighborhoods that government had previously established, we might see many more inclusive communities. Undoing the effects of de jure segregation will be incomparably difficult. To make a start, we will first have to contemplate what we have collectively done and, on behalf of our government, accept responsibility.

Actual estate is a form of funding Real estate is a form of funding and is shortly being adopted by many individuals. The advantages of real property investments are many as mentioned here.There's a widespread adage that says don't put all your eggs in a single basket. That is the place actual property steps in to provide diversification. Diversification means spreading the danger of your cash. Real estate gives one other way of investing money relatively than investing it multi function place. One other advantage of real estate investment is that it ensures one a supply five on shenton of income for a very long time. It's because actual estate will at all times have shoppers who need to purchase or lease homes or premises for residential or enterprise functions respectively. This form of funding serves as a further income other than the normal wage one receives. Better still while you retire it is going to nonetheless be your revenue source. The other benefit is that one doesn't should be bodily present to get the revenue. Thirdly, you get to have leverage over all OPMS. It's easy for an individual who is in actual property to get a house and pay it off over a long time period. Generally the deal is so good that some brokers get as many as 30 years to pay off their mortgages! It's also a way of leaving one’s legacy behind that will probably be remembered for a few years to come even after one’s demise. Regardless of the very fact of the massive sum of money required to begin, the benefits of real estate investments that you're going to get are simply many.

Investment In Real Estate Is A Worthwhile Endeavor Several factors has to be studied by any individual who is planning an investment in real estate. For example, if business properties are desired, the client should are aware of they may be targeting certain conditions that aren't typically seen with residential properties. Nonetheless, for the appropriate particular person, and for those who plan fastidiously and receive good recommendation, this feature investment will be highly profitable. Individuals looking for commercial properties can certainly find that there are numerous kinds of institutions by which to come up with selection. For instance, an individual should purchase a restaurant or lodge, or invest in a retail store. The consumer may also select to buy an investment property comparable to your rent amount advanced and make an income from leaseing every unit. Office constructings can also be a smart selection, as tenants will likely be seen reasonably ardmore three wheelock quickly. It's fundamental, nevertheless, to buy such properties in nearly anything that receives beneficiant traffic. Most commercial institutions fail if they can't appeal to a steady transfer of customers. Buying residential property is something customers may additionally wish to think about that these planning to decide on their investment portfolios. For instance, an individual may decide to obtain a dwelling that have been renovated. Sometimes called "handyman specials, " such properties will be repaired which can offered during profit. Fortuitously, usually they are cheaper than properties that are in good repair. It is also a possibility to build an ad or residential property can be an investment. Builders who've satisfactory money to finance exceptionally challenge made having a tract of land and fill homes for it on the market to the general public. However, as soon as again, it is essential to pick a location carefully, as it may possibly nominal good to supply homes for sale in a part of the country in which nobody wants to live. Purchasing the primary property one finds is rarely a clever program of action. Instead, it is always the most effective interest match investor to comparability store attempting to discover at a couple of home or business earlier than making a final decision. It will make sure that the excellent ill use made. It can be more suitable obtain authorized advice every time one is planning to purchase various types property. This is even if that the buyer must have assurance that the property just isn't encumbered, and he or she can even want knowledgeable to make all the paperwork regarding the transaction is legal. Finally, individuals planning an investment in real estate will find that it plan of action is sensible, supplied they plan with care and hire a reliable broker to supervise their transactions.

Anytime you have multiple offers and you have cash in the mix, the conventionally financed borrower is going to try as hard as they can to look like a cash buyer, even though they’re still being financed,” said Eric Hagstette, owner and principal broker at Inhabit Portland, a real estate company. When sellers have a choice, they prefer the sure thing. Unlike cash, financing can fall through, especially in a market with tighter credit. Buyers who turn up with a check rather than a pre-approved loan are more likely to complete the transaction –and sellers know it. To compete, some buyers are simply borrowing cash from friends and family and financing their houses after closing — bout 14 percent of cash buyers in the greater Portland area between 2011 and the end of 2014, in fact, according to RealtyTrac. Others are overbidding to ram deals through quickly, then waiving the right to negotiate price if an appraiser doesn’t agree. The practice comes with significant risks. It also allows the next guy to price his house just as high, while one sale becomes a benchmark for the starting price of the next, Hagstette said.

Why did you get laid off?   The reality is because a bunch of inept bankers, criminal real estate developers, amoral mortgage brokers and corrupt politicians created the world’s largest housing bubble.  But ironically, the average man during the Great Recession probably took this personally, illogically blaming his sole self for the entire financial crisis of 2009.  Worse still, men across America felt an incredible amount of guilt and shame for not being able to provide for their families.  And worse than that, how many men committed suicide because of a recession that was not caused by them?  All of this can be avoided in mastering the skill of recognizing what you do and do not control.

Pay your brokers well: the power of good advice Sometimes I see people posting a sign in front of their house that says, “For Sale by Owner.” Or I see people on TV claiming to be “Discount Brokers.” My rich dad taught me to take the opposite approach. He believed in paying professionals well, and I have adopted that policy also. Today, I have expensive attorneys, accountants, real estate brokers, and stockbrokers. Why? Because if, and I do mean if, the people are professionals, their services should make you money. And the more money they make, the more money I make.

The problem with this argument is that it can be hard to find a true expert who does not have a conflict of interest. It is illogical to think that someone who is not sophisticated enough to choose a good portfolio for her retirement saving will somehow be sophisticated about searching for a financial advisor, mortgage broker, or real estate agent.

One day in 1998, a real estate broker called Offit: “Would you make a loan to Donald Trump?” Trump at the time was a casino magnate known for his occasional showbiz hijinks and his on-and-off dealings with organized crime figures. He also was a deadbeat, having defaulted on loans to finance his Atlantic City casinos and stiffing lenders, contractors, and business partners in other projects. Quite a few banks—including

One day in 1998, a real estate broker called Offit: “Would you make a loan to Donald Trump?” Trump at the time was a casino magnate known for his occasional showbiz hijinks and his on-and-off dealings with organized crime figures. He also was a deadbeat, having defaulted on loans to finance his Atlantic City casinos and stiffing lenders, contractors, and business partners in other projects. Quite a few banks—including Citigroup, Manufacturers Hanover (a predecessor of JPMorgan), the British lender NatWest, and of course Bankers Trust—had endured hundreds of millions of losses at the hands of Trump.

On May 16, 1925, a young reverend from Berwyn named Henry C. Hoover arranged to have deputy sheriffs raid Capone’s big Cicero casino, the Hawthorne Smoke Shop. Shortly after raiders burst in, Capone arrived wearing pajamas and an overcoat, unshaven and surly. Rarely rising before noon, he’d been summoned from bed at the hotel next door. When he tried to force his way inside, a real estate broker turned deputy blocked his way. “What do you think this is,” the broker asked, “a party?” “It ought to be my party,” Capone snarled. “I own the place.” The broker took a harder look at Capone, saw the long scar, and bid him, “Come on in.” Another raider brought Capone upstairs, where the men were dismantling and carting off gaming equipment. Capone claimed he was being picked on, then said ominously, “This is the last raid you will ever make.” Reverend Hoover watched the man in pajamas clean out the cash register and asked him who he was. “Al Brown,” Capone shot back, invoking his preferred alias, “if that is good enough for you.” “Muttering and grumbling, Capone went out,” the reverend recalled, “and disappeared down the stairs. Some time later . . . he re-appeared, neatly dressed and shaven and clothed in an entirely different spirit.” “Reverend,” he asked, “can’t we get together?” “What do you mean, Mr. Capone?” “I give to churches,” Capone said, “and I give to charity . . . if you will let up on me in Cicero, I will withdraw from Stickney.

Good brokers are not all about making money. And even if they are, the best way for one to make money is to create an atmosphere of trust and reliability.

... rich dad talked with his bankers, accountants, attorneys, stockbrokers, real estate brokers. financial planners, and insurance agents. It was the beginning of my business education.

addition to federal redlining policies, realtors and neighborhood associations used private measures to enforce residential segregation. For much of the twentieth century, “restrictive covenants” provided a legal, race-based mechanism to exclude black people from purchasing homes in white communities. “Private but legally enforceable restrictive covenants . . . forbade the use or sale of a property to anyone but whites.”43 These restrictive covenants, which also dictated details such as what color residents could paint their houses, effectively kept black people out of communities, especially new growth suburbs, for decades. Even after the 1948 Supreme Court ruling in Shelley v. Kraemer forbidding these racial covenants, real estate brokers simply dropped explicitly race-based language but still effectively excluded minorities from buying homes in white areas.

If you think about it, buying a home is actually three of your biggest financial decisions wrapped into one: Your home is your biggest purchase Your mortgage is your biggest loan Your real estate broker is your biggest professional bill

Provide documents that show your investment experience and your financial readiness. When I submit my letter of intent (LOI) with my initial offer on a property, I also send a pre-approval letter from my lender, a brief bio, a schedule of my real estate holdings (Buyer’s Resume), references from brokers I have closed deals with, a current savings account statement and the first two pages of my most recent tax returns (with all confidential information blacked out, of course). If you are not in a position to submit all of this information, just provide what you can. The idea is to speak to your strengths as a buyer. Try to at least submit a pre-approval letter from your lender, as this will go a long way towards setting yourself apart from the average buyer.

Just as no one needs a drill bit, no one needs a real estate broker. What they need and want is how it makes them feel to get what a broker can get them.

explain that people look at a piece of real estate, or the name of a stock, and often make their decision based on what their eyes see, what a broker tells them or on a hot tip from a fellow worker. They often buy emotionally instead of rationally.

Having a real estate license legally allows you to sell, it doesn't mean you know how to sell.

around the intersection of North Oakland, Berkeley, and Emeryville, real estate brokers have pitched properties as being located in NoBe.

The race for profit in the 1970s transformed decaying urban space into what one U.S. senator described as a “golden ghetto,”7 where profits for banks and real estate brokers were never ending, while shattered credit and ruined neighborhoods were all that remained for African Americans who lived there.

anyone else who has an ear to the ground about what is happening in a particular market or submarket. When talking to real estate agents, introduce yourself as an interested buyer/investor and ask to be referred to the top broker at the firm. Take that person to lunch–get the inside scoop on the local economy, potential deals, and what’s in the pipeline in general. They will know things that you won’t be able to find online! Finally, check out the submarket in person. Online research is important, but there is no substitute for feet on the ground.

To simplify your foreign property purchase, work with an experienced international broker, a real estate company with offices around the world. Two of the most prominent international real estate firms include Sotheby’s International Realty and Christie’s International Real Estate.

MBS can be harder to buy and sell than other types of bonds, as they’re bought mainly by institutional investors. Many MBS are issued and sold in large denominations (like $25,000 minimums), but some are issued at $1,000 (like most other types of bonds). You can trade MBS through specialty bond brokers, which you can find at most major brokerages (like Charles Schwab or Merrill Edge). The easiest way to invest in MBS is through specialty mutual funds or ETFs. Though technically MBS are not fixed-income investments (because the payments can vary monthly), they’re usually included in that category (because they’re bonds).

PhOne Number:352-587-2948 ADDRESS:407 Lincoln Rd. Suit 10g Miami Beach FL 33139 Miami Realtor, South Beach Realtor, Miami Beach Realto, Miami Real Estate Agent, Miami Beach Real Estate Agent, Miami Luxury Realtor, South Beach Real Estate Agent, Beach Real Estate Agent, MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved.

-It is true that I am part of the laughing-aristocrat structure, Charles said. I don't mean I am one of them. I mean I am their creature. They hold me in thrall. Laughing aristocrats who invented the cost-plus contract . . . Laughing aristocrats who invented the real estate broker . . . Laughing aristocrats who invented Formica . . . Laughing aristocrats wiping their surfaces clean with a damp cloth . . . Charles poured himself another brilliant green Heineken. -To the struggle!

What are you trying to buy? Asset type? Size? Price? To determine the answer to the first question, do the following: Start with your own net worth. Add in friends and family. The total team net worth is your starting point. Choose a market. Consider travel time and expense. You must be able to be in your market to look at deals at least once a month. Determine the viability of your market. Job growth? Population growth? Get deal flow from the market. Real estate agents Find all commercial realty companies in the city. Get on all their mailing lists. Analyze deals online from realtors in the area. Call the realtors about their listings. Direct to owners Get lists of owners. Create a system to reach owners directly. Mail Text Cold calling Analyze deals. Income approach Income – Expenses = Net operating income Net operating income – Debt service = Cash flow Check with lenders for current terms on debt. What is the CoC return? Cap rate? Debt ratio? Comparable data Check the analyzed cap rate against cap rates in the area for similar properties. Check comparable sale prices. Comps should be close in size and age to the subject property. Comps should have similar amenities. Comps should be within a few miles of the subject property. Exit Hold and operate. Refinance. Sell or flip. Consider upcoming market conditions. Debt Check with lenders or a mortgage broker to determine the availability of loans for this type of property. What are the terms and conditions? Is this the information you used to analyze the deal originally? Make the offer. Use an LOI to submit the offer in writing. The LOI will summarize the main deal points. If your offer is less than 15 percent of the asking price, speak with the realtor before you submit the offer. Once the offer is accepted, send the LOI to your attorney and have them draft the purchase agreement. Draft the purchase and sale agreement. Now that you have a fully executed contract, the clock starts. Earnest money goes into escrow. Do your due diligence. Financial inspection Physical inspection Lease audit Begin your loan application. The lender will complete three inspections. Appraisal Environmental inspection Physical engineer inspection of the buildings Do your closing. The lender will wire the loan proceeds to the closing escrow. Wire your down payment funds to the closing escrow. You own a new property! Engage property management for takeover of operations.

The ideal location I found for the first Trader Joe’s was a 1911 bottled water plant on Arroyo Parkway in Pasadena. My real estate broker—and a de facto member of Trader Joe’s top management—had one hell of a time negotiating the lease with an obdurate lawyer, Patrick James Kirby. Kirby was so tough that later Alice said if she ever got a divorce, she was going to hire Kirby. He liked that.

Six Ways to Locate Properties 1. Real estate brokers. 2. Classified advertisements. 3. Industry-specific real estate publications. 4. Local and national Web sites. 5. Associations and real estate investment clubs. 6. Banks.

The Realty Boutique, is a modern real estate agency focusing on specialized individual service located at 56 Main St, Little Falls, NJ 07424. Founded by Broker Sabrina Aversa, the Realty Boutique is not your average real estate brokerage. Sabrina and her agents are true experts in client services coupled with modern and smart real estate practice.

Plant seeds of growth and prosperity and water those seeds and nurture those seeds and soon the harvest will come.

Micro-studios are very trendy right now, Ms. Mascolo.” I am standing in the tiniest apartment I’ve ever seen. My real estate broker, Cindy, has now shown me three apartments, each smaller than the last. This one is only seventy square feet. Yes, that’s right. Seven-zero. I need to suck in my breath to fit into the room. There are coffins larger than this apartment. “And it’s furnished,” Cindy adds, gesturing at the small sofa pushed against the wall, and the tiny desk smashed into a corner. There’s even a mini-fridge on the side of the sofa, doubling as an end table. “You’ll just need a microwave and maybe some sort of hot pot.” “What about a closet?” I ask around the bile rising in my throat. Cindy pushes aside a faded yellow curtain and there it is: what may be my new closet. It’s roughly one-sixth the size of my current clothing space. I’ll have to get rid of most of what I own if I move in here. I glance around again, sure I’ve missed something. “What about sleeping?” I’m certain Cindy’s going to inform me that sleeping standing up is all the rage right now, but instead, she gestures at a set of stairs leading to a nook just above our heads. No wonder the ceiling is so low. “You’ve got an upstairs bedroom,” Cindy says, without cracking the smile that I feel such a statement clearly deserves. I climb the stairs, which is more of a ladder than a staircase. It leads to a tiny nook above the apartment where I can put a mattress. When I’m lying there, I will have about a foot of space between my nose and the ceiling. The coffin metaphor is becoming more and more apt. “What about a bathroom?” I ask. “There’s one in the hallway. You’ll share it with four other residents.

You have the freedom to change how you spend your day. You can outsource the tasks and find the guts to do emotional labor instead. You can go out on a limb and do what others aren’t doing. The most frustrated marketers I know are the ones who take it as a given that because they are in industry x, they have no freedom. And so real estate brokers hustle for listings and do precisely what the other brokers do.

But few gain sufficient experience in Wall Street to command sucess until they reach that period of life in which they have one foot in the grave. When this time comes these old veterans of the Street usually spend long intervals of repose at their comfortable homes, and in times of panic, which recur sometimes oftener than once a year, these old fellows will be seen in Wall Street, hobbling down on their canes to their brokers' office. Then they always buy good stocks to the extent of their bank balances, which have been permitted to accumulate for just such an emergency. The panic usually rages until enough of these cash purchases of stock is made to afford a big "rake in." When the panic has spent its force, these old fellows, who have been resting judiciously on their oars in expectation of the inevitable event, which usually returns with the regularity of the seasons, quickly realize, deposit their profits with their bankers, or the overplus thereof, after purchasing more real estate that is on the upgrade, for permanent investment, and retire for another season to the quietude of their splendid homes and the bosoms of their happy families. If young men had only the patience to watch the speculative signs of the times, as manifested in the periodical egress of these old prophetic speculators from their shells of security, they would make more money at these intervals than by following up the slippery "tips" of the professional "pointers" of the Stock Exchange all the year round, and they would feel no necessity for hanging at the coat tails, around the hotels, of those specious frauds, who pretend to be deep in the councils of the big operations and of all the new "pools" in process of formation. I say to the young speculators, therefore, watch the ominous visits to the Street of these old men. They are as certain to be seen on the eve of a panic as spiders creeping stealthily and noiselessly from their cobwebs just before rain.

Paul Turovsky is a real estate professional who values results-oriented decisions and proactive strategies in representing his clients. Over 15 years, he’s established himself as an industry expert, brokering various asset classes such as residential and commercial, multi-family, and hospitality. Mr. Turovsky has supplemented his industry knowledge with an advanced education, graduating with his B.A. in Finance & Investments from Baruch College and earning his Juris Doctorate from Ave Maria School of Law.

FSG Realty is stewarding real estate experiences for buyers, sellers, investors and agents through education, communication and contributions.

By developing relationships and understanding, then stewarding the steps, connections and communication throughout the process, the end result contributes to an honorable, educated, real estate transaction based on every requirement, need and option.

Meet Khalil Henareh, a dedicated Real Estate Broker in Toronto, Ontario. With a passion for sports, music, and family time, he brings a unique touch to his work.

Giampalo Boschetti is a real estate investor and hotel operator, based in San Francisco, CA.

There’s no real definition of a shadow bank, but a shadow bank is basically a financial institution that performs banking functions. A shadow bank can be anything from an REIT (Real Estate Investment Trust) to a mortgage finance company to a hedge fund to a broker-dealer. Think of what banks do. In the simplest terms, a bank takes in deposits and makes mortgage loans. The mortgage loans are the bank’s investments. The deposits are the bank’s funding. Anyone with a savings or checking account is lending money to a bank. The bank borrows money from the depositors and loans money to the homeowners. Mortgage REITs are a great example of shadow banking. The REIT buys mortgage-backed securities (MBSs) and borrows money to finance the purchases in the Repo market. The mortgage-backed securities are just like a bank writing a mortgage loan, except they’re a security, and the Repo transactions are just like the deposits. But the REIT is not a bank. It’s a shadow bank.

You just need a few key team members to get started—an attorney, an accountant, a real estate broker, and a property manager.

Kyle thought the Midwesterners looked like marching real-estate brokers. Or Charles Chiltington’s cousins.

I had known many real estate agents who spent day after day discussing multimillion-dollar deals with other agents, seemingly achieving fulfillment from their conversations alone.  They steered clear of the excruciating effort it takes to secure a listing directly from a seller, let alone the time and energy it requires to locate a buyer for a property, implement a marketing method, and close the sale. Such an agent limits his efforts to sending out tenth-generation copies of scanty information about properties furnished him by other agents.  It's a lottery mentality—hoping upon hope that some agent with whom he is dealing will somehow get lucky and close a sale—and then, the ultimate hope, a small piece of the commission will miraculously filter its way down to him. I'm not saying that a real estate agent should never work with another broker or salesman under any circumstances.  That would be ideal, but not practical.  Circumstances regarding two of the sales I discuss later in this book were such that it made sense for me to pay a co-brokerage fee to another agent.  Even in those instances, however, I took matters into my own hands and did everything possible to control the destiny of the sale.

Timing is a critical factor in every deal, and I knew that the time was right for my now historic speech:  The Tortoise Briefcase Address.  In a deadpan, matter-of-fact manner, I said, "Boys, there's no sense going around in circles all night.  It looks like we aren't going to be able work this deal out, so let's just write if off to experience.  Hey, it's not the last deal in the world." I then looked at Ernest and said, "Don't worry, I'm working on a lot of other properties.  Sooner or later, I'll come across a deal for you where the mathematics make sense."  I then turned to the Booze Brothers and said, "As to your properties, I've been talking to several other prospective buyers, and I think I can crank up some serious interest in the next couple of weeks."  (You can just imagine how happy Ernest was to hear that.) I then put my papers back in my briefcase, closed it, and snapped the latches shut—very slowly—one latch at a time.  Then I rose, smiled pleasantly, started toward the door, paused, glanced back over my shoulder, and, in the most cavalier manner, said, "Why don't you guys get some sleep.  I'll be in touch with you in the next couple of weeks." I was conscious of my every move and every word as I completed The Tortoise Briefcase Address in a style that rivaled some of the Booze Brothers' greatest performances.  I will always remember the distance—I was approximately three feet from the door—when Ernest and the Booze Brothers yelled out, in unison, "Wait!"  That was the most telltale word anyone had ever spoken to me.  That one word confirmed that I had been right all along—that this was the right buyer and the right seller in the right place at the right time. What Ernest had meant by that one word was that there was no way, after all the effort he had put into this deal, that he was going to miss the opportunity to propel his company into a significant real estate investment trust just because some real estate broker happened to be crazy. As for the Booze Brothers, the word wait was their way of saying that there was no way, after all the work they had done, that they were going to miss the opportunity to pocket more than $2 million profit just because some real estate broker was too stupid to understand the consequences of his actions.

Two factors, in particular, were especially significant in this deal.  First, I used my strong posture to persuade the seller to sign a commission agreement based on 5.5 percent of the total selling price rather than the 3 percent figure I normally used.  After my Dayton and Memphis experiences, I took it as an article of faith that every seller worth his salt would, at a minimum, try to at least whittle down my commission—regardless of what figure we had agreed to. That being the case, I thought it would be interesting to see if starting out at a higher commission figure than I hoped to actually receive would produce better results.  When the inevitable commissiondectomy attempt began, I would be able to better afford to have my commission cut.  It was just a matter pacifying the seller's sick mind.  My experience had convinced me that the important thing for him was to believe that he had succeeded in shafting the real estate broker who had committed the dastardly sin of selling his property for him (and probably saving his financial hide in the process), even if his belief was an illusion.

Tyson Dirksen grew up in a family very concerned about the environment, especially California's devastating drought of the 1980's. He started Evolve to try and reduce the use of energy, water, and other raw resources through sustainable design and development and use of green technologies. Tyson is an expert in the high-performance building industry and frequently speaks on the subject at conferences and symposiums. Tyson’s extensive knowledge of real estate investment combined with his expertise in healthy, sustainable, smart and resilient design and construction sets him and Evolve apart.. Tyson received his bachelor’s degree from Brown University and holds a Masters in Real Estate Development from MIT. Tyson is a licensed General Contractor, Real Estate Broker, LEED AP certified, Green Point and HERS Rater, and Passive House builder.

Castro’s revolution, with all of its supposedly good intentions, put a stop to the growth of Havana. Of course it put an end to the Mafia controlling the casinos and entertainment, but for them it was a minor setback. They just packed their bags and went to Las Vegas where they expanded and developed “The Strip!” Batista and his followers fled Cuba for the Dominican Republic, Europe and South Florida. Many Cubans lost everything they had but others fled taking their wealth with them. The upheaval in 1959 marked the beginning of austerity for this former freewheeling city. The communistic de-privatization of all businesses, along with the embargo imposed by the United States, created a serious decline in Havana’s economy. The constant pressure to nationalize, as well as the severe crackdown by the régime to keep people in line, curtailed growth and placed an enormous hardship on the Cuban people. Since the Castro Revolution, the people of Havana have been severely affected, because of the absence of commerce with its former trading partner, the United States, located only 90 miles to the north. In all Havana has taken a severe toll economically, with its dilapidated houses, and the pre-1959 cars on the streets of the city being a testimony to the bygone era. It is only now that with the hope of normalization between the governments of Cuba and the United States that perhaps the people will benefit. For the greatest part, the Port of Havana has also been bypassed, chiefly due to the restrictions placed on them by the United States. However, the Cuban government is now attempting a comeback by attracting tourism from Canada, Mexico, the Bahamas, Latin America, Asia and Europe. The city of Havana has renovated the Sierra Maestra Cruise Port, but only very few cruise companies consider Havana a port of call. Slowly, German and British ships started to arrive, including the Fred Olsen Cruises and Carnival Cruise Line. Technically Real Estate Brokers and Automobile Dealers are illegal in Cuba, although real-estate offices and car dealerships are blatantly open for business. The buying and selling of real estate and cars, which was forbidden for many years, can now be done because of some changes brought about by Raúl Castro, but only by full-time residents of Cuba. However, gray market sales are thriving through the use of friends and family as proxies.

If you are a real estate agent, broker, or business person, advertising your services may be a good way to generate real estate leads. This type of lead generation is great because rather than you doing the work to find people who want to buy or sell a property, the tables are turned and they come looking for you instead.

Commercial real estate is a booming business however, whether you are buying or advertising commercial real estate, chances are that you are going to need a bit of assist. A good real estate broker can be priceless to you, and they can provide you with an enormous deal of assist that no one else could ever give to you.

The purpose of real estate agent should be to create a customer who creates customers.

If you don't find a good deal for your customer, your competitor will.

Real estate agents who lies, eventually lose business to real estate agents who tell the truth.

A good real estate agent sells himself before he sells his services.

A great realtor is always in relationship with real estate.

Real estate is too important, all the battles and wars essentially happened and happens for real estate.

A customer oriented realtor not only finds you a good home, he also finds you a good neighborhood.

The way Brad’s business works,” she said, “is that companies who are looking to expand send his agency locations where they want to go, and I don’t mean towns or regions. I mean coordinates. Latitude and longitude. Often they’ve already identified the site themselves.” “Why don’t they just buy the property themselves?” I asked. “Something about retailers not wanting to also be in real estate,” she said with a shrug. “It never made much sense to me either, but apparently it’s about showing their investors that they are staying within a particular area of business expertise and subcontracting for related services. Anyway. So a company like yours—Great Deal, right?” “Right.” “Great Deal says they want three stores in metro Atlanta in these locations and they’ll pay between one and three million per lot. Brad goes in, negotiates the deal with the property owner through a broker, ensures the land is suitable, then purchases it for Great Deal. But say he finds out that the seller will part with the land for only a few hundred thousand? He knows Great Deal will pay way more than that so . . .” “He convinces the seller to ask for a higher price and gets a cut of the extra?” I suggest. “Worse,” she said, and now her previous despondency settled back into her body so that she sagged and, for a second, squeezed her eyes shut. “He buys the land himself. Sets up a shell company under someone else’s name, then tries to sell it on to Great Deal at the markup he knows they’ll pay. A million plus profit per site.

6.​Pay your brokers well: the power of good advice Sometimes I see people posting a sign in front of their house that says, “For Sale by Owner.” Or I see people on TV claiming to be “Discount Brokers.” My rich dad taught me to take the opposite approach. He believed in paying professionals well, and I have adopted that policy also. Today, I have expensive attorneys, accountants, real estate brokers, and stockbrokers. Why? Because if, and I do mean if, the people are professionals, their services should make you money. And the more money they make, the more money I make.

I’ve heard of women who started beauty parlors in a spare room, or thrift shops, or who took courses to become real-estate brokers. Others have special talents or college training that they can put to use on a part-time basis. Any woman can start a childcare center.

If a tree falls in the forest and no one is around to hear it, does it make a sound?” If someone is the best graphic designer, dog walker, yoga instructor, real estate broker, professional organizer, or personal chef and no one knows about it, does it matter?

Bank accounts can have a “pay on death” designation that gives you exclusive control of the account during your lifetime but only requires presentation of a death certificate to be transferred to your intended without probate. Just ask the bank for the proper form: it normally costs nothing to make this designation (the bank may refer to the pay-on-death designation as a Totten Trust). ♦​Brokerage and mutual fund accounts can, in most states, have a “transfer on death” designation that has a similar effect (at this writing, only Louisiana and Texas fail to allow it). Though many brokers charge a nominal fee to add this designation, some will waive the fee if you ask—so ask. ♦​In states that recognize them (28 at last count in 2021), Transfer On Death Deeds (TOD Deeds) allow real estate to transfer directly to your heirs at death.