I’ve met with all the potential brokers and I think I’ve made my decision on which one to hang my license with. I was looking for a broker that would allow me to be free to do as I wish (to a point). The most important factors in making my decision were… Not have to work as a salesperson for the broker unless I volunteered to No desk time No monthly fees No class requirements, but they offered training if …
MLS Access at Last!
My long search for a broker continues to go on, but I some how managed to get access to the MLS! A friend of mine who is an agent recently got up and running on the gsmls (my friend previously only had access to the njmls) and offered to let me use until I got my own access. Even though I’ll only need it for a week, it’ll be great to finally be able to see behind the curtain. I …
Broker Interview Week
Happy Monday morning everyone! Ugh, I really tried to sound chipper and up beat there, how did I do? The feeling of dread always seems to build up in my stomach as I sit in traffic on my way to my J.O.B. every Monday morning. Now that there is major sun glare or crappy weather, it’s a maddening stop and go affair that usually lasts about 45 minutes. It’s not all bad however, as that awesomeness really gets me …
First Lead
Over the last few days I’ve been writing some new articles for my site and trying to just make it a more valuable resource for people to find information regarding probate in New Jersey. I created a page that listed all the county surrogate websites and I will also be creating a section for lawyers as well. I plan on using the lawyers section as a possible “I scratch your back, you scratch mine” type of deal with probate lawyers …
Real Estate License Practice Exam
I took my real estate license practice exam yesterday and needless to say I’m going to have to study. Because I knew this was only a practice test, I didn’t study over the labor day weekend and instead chose to spend that time with my family. The exam is broken up into two parts between New Jersey laws and regulations and then Federal laws and regs. You need to score a 70% or better on each part to pass. I …
Click to View Ratio
Class yesterday went pretty quickly. We covered the types of contracts you can sign with a seller in order to list their property. Open Contract: Who ever brings in a buyer gets the commission Exclusive Agency: Only agents of the signing broker can sell the house. You yourself can also find a buyer, and if that happens you don’t pay the brokerage a commission. Exclusive Rights: This is the most common type of agreement and states that during the contract …
Licensing Class Day 4 and Internet Marketing
The 4th day of my real estate class dealt mostly with types of ownerships (Tenants in common, Joint Tenants, tenancy in severalty, Tenants in Entirety) and encumbrances (liens, easements). I can see this information coming in handy when trying to work out proper ownership of a property and to understand what types of encumbrances can be on a property. Time for a little teaching for those that don’t know the above terms… Tenancy in severalty: ownership of property by …
Licensing Class Day 4 and Internet Marketing
The 4th day of my real estate class dealt mostly with types of ownerships (Tenants in common, Joint Tenants, tenancy in severalty, Tenants in Entirety) and encumbrances (liens, easements). I can see this information coming in handy when trying to work out proper ownership of a property and to understand what types of encumbrances can be on a property. Time for a little teaching for those that don’t know the above terms… Tenancy in severalty: ownership of property by …
Backing up the blog
After a little research I found a utility called winSCP. The program syncs what is on your hosting service with a folder on your computer. I’m going to set it up on my home computer and give it a test run for the next few weeks to see exactly what it’s all about. It will be a great tool to have for any blogger if it works as advertised. Licensing Class Day 3 of my licensing class was pretty …
Where did the week go?
Last week was crazy as I tried working around my new schedule. With the real estate license class on Tuesday and Thursday I was scrambling around. Shockingly to me I’m actually finding the class quite interesting. If I took this class about 10 years ago I probably would have been passed out on the desk, but I guess with my increased age and interest in real estate investing this class gets me thinking. There was a discussion on one of …
Did my offer get accepted?
Got a reply from my realtor about my offer of 230k to 268 Malapardis Rd. They rejected the offer but came back and said 320k cash could get it done. That is about 25k less then the current asking price, but that is still to high for me. I’m gonna see if they will come down more, I beleive the house can go for 425k to 450k all fixed up to an owner occupant. My realtor seems to be able …