Real Estate License Stuck In Limbo

Scott CostelloAll, Blog 7 Comments

Last week I found out that my mls access had been suspended for some reason unbeknownced to me.  I tried to contact them last week by email and phone but couldn’t reach anyone because of some strange holiday hours.  This was kinda pissing me off because I had just paid the $450 North Central New Jersey Realtors association fee so my account wouldn’t get suspended. When I spoke to the NCNJRA yesterday I found out that they did have my license …

What A Pain!

Scott CostelloAll, Blog Leave a Comment

Over the past few weeks, pretty much the entire month of April, I haven’t logged into the MLS at all.  Lance has access as well and he’s been sending me the comps for properties that we’ve needed to get the ARV on and I’ve been concentrating on getting as many mailers out as possible. Well today I went to log in and I was greated by this message…. Your account is currently suspended.  Please contact GSMLS for further information I …

Last Chance to Win a $400 Prize!

Scott CostelloAll, Blog, Lead Tracker Leave a Comment

Just wanted to remind everyone that Friday, August 14th is the day I’m going to be closing the doors on the contest to rename my blog.  All you have to do to enter is leave a comment suggesting a great sounding domain name.  If I go with your entry I will give you Steve Cook’s Flipping Homes Profit Machine Intensive DVD course.  There are over 20 DVDs in this set of awesome content. Go to this post, Contest: Rename My …

MLS Offer Week: Contacted Agent

Scott CostelloAll, Blog 1 Comment

Sorry for the long delay in my MLS Offer Week series.  I was all set to call up the agent last week and make my offer, but I wanted to go over my comps with my investor friend Bruce. Finding the right comps is key in coming up with your starting point in coming up with an offer.  The comps will give you concrete evidence of what the property is potentially worth after being fixed up, also known as After …

MLS Offer Week: The Offer is Going Out Too…

Scott CostelloAll, Blog 16 Comments

After examining all the contestants, the property that stuck out most to me was 74-76 Mills St in Morristown. Here is a link to the MLS listing for the house and the comps MLS Listing for House and Comps Here is some more information I found out about the house Additional House Information from the Tax Records Owner’s Information Owner’s Name RAMSEY, POLLY/JOSEPH JR Owner’s Street 74-76 MILLS ST Owner’s City,State MORRISTOWN, NJ Owner’s Zip Code 07960 Bank Code 00000 …

MLS Offer Week: Pulling Comps

Scott CostelloAll, Blog 8 Comments

Today I went through all 13 properties I pulled yesterday that met my criteria and pulled up the comps for each on the MLS. Search For Comps: To search for my comps I’m searching by town, exact Beds and Baths (I expand my search if I don’t get a good return) and I’m looking 6 months back.   I’m also looking at the Under Contract and Solds over that period of time. Search Results Since I am searching by entire town …

Probate Monday: Some weeks just don’t go your way

Scott CostelloAll, Blog 16 Comments

Last week was one of those highly unproductive weeks, probably the least I’ve accomplished in quite some time, maybe my body just needed.   For those people who work a full time job and then come home and do all your Rei tasks after 6pm you’ve probably had similar weeks.  I was just beat!  I couldn’t concentrate and ended up taking naps when I got home from work on most nights and went to bed early as well. So here is …

Probate Monday: Finding Comps With MLS Access

Scott CostelloAll 6 Comments

I’m feeling pretty good about things these last few days about my probate hunt. I’ve been able to get a handful of calls this past week and one Bruce and I made an offer on for $120k but the owner got another offer for $150k so he is going to take that one obviously. I just got another call today from a guy who had hung onto my letter from my first ever mailing back in December. He got my …

Probate Monday: How else to bring in calls

Scott CostelloAll 6 Comments

I sent out my mailers last week and have only gotten two calls.  One was a guy calling to tell me I sent the letter to a retirement community.  He was wondering what I was trying to accomplish.  For one it’s not trying to buy into a retirement community full of condos, haha.  The guy was nice and was just trying to help me out by letting me know that pretty much any street named after a president in Rockaway …

Broker Sign Up Process

Scott CostelloAll, Blog 9 Comments

Just wanted to give an update on how my joining of Millenium Brokerage is going.  I’ve emailed him all my forms and information and he is starting the process of submitting it all to the commission.  I have to mail him a signed application though.  I will do that tonight. This is what I’ve sent the broker Weichert Course Certificate saying I passed Finger priting confirmation form Sales Agent Licensing Test Certificate saying I passed Name Address Soon to be …

Investor’s First Look at the MLS

Scott CostelloAll, Blog 4 Comments

My first few days with MLS access have been fun!  I’m like a kid in a candy store in many ways, one of which is that I’m having trouble figuring out exactly what I want.  For those that are just getting daily emails from an agent or who are getting some sort of “buyer” access, you are missing out on great features.  Over the next few weeks as I learn how to properly use them I will post about their …