I'm considering investing in residential real estate in another State.?
Who knows anything about Phoenix Vs. El Paso as far as the appreciations of the market. If any realtor who knows these markets and can give me a good advise I’d appreciate it.
Guide to Phoenix Houses
Who knows anything about Phoenix Vs. El Paso as far as the appreciations of the market. If any realtor who knows these markets and can give me a good advise I’d appreciate it.
I have been doing some research on the various residential real estate firms out there pertaining to starting my career as a real estate agent. I’m looking at the Chandler, AZ area; near Phoenix and some of the firms i’ve noticed there are Keller Williams, Remax, Coldwell Banker, and Realty Executives. I really know that area well and enjoy it there. KW seems to have a solid program for new agents but what about the others, does one have a better repuatation than another in terms of helping new agents getting started? How about the pay structure? Do any firms offer group benefit plans? Which is best/worst for "office" fees? As a new agent, given the current state of the economy, what number of sales can a new realtor expect in their first year or what can they expect to "take-home" in their first year on average?
Also, I’m thinking of eventually getting my broker’s license after 2-3 years and say for example I start out with Coldwell Banker but end up franchising as a part of Remax, is this normal? Once I would start my own franchise, I assume i’m the only realtor there until I hire others and build it up? Do the franchiser’s assist in building the new franchise with staff support/agents? On average, how much capital does it take to start your own franchise?
I’ve got plenty of questions and any and ALL of your input is greatly appreciated!!
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The community of Fireside at Norterra is nestled at the base of an expansive mountain preserve, located in North Phoenix. Hiking trails weave throughout the community, and into the adjacent mountains, allowing residents to connect with the nature that abounds. Norterra is a ‘convenient oasis’ offering a setting that will please the most discriminating outdoor enthusiasts, yet offers convenient freeway access and nearby shopping. Fireside at Norterra boasts a 16500 square foot, awe-inspiring community center that offers residents a wide array of opportunities-the community center is the place to get active, mingle or simply luxuriate. The community center features a challenging indoor rock climbing wall, state of the art fitness center, an aerobics facility and spa treatment rooms. The grounds of the community center include tennis and basketball courts and two pools; one for families and children and a lap-and-lounge pool for adults seeking poolside tranquility.
Today we answer: Can an agent charge extra fees to list a house for sale? Are Open Houses a thing of the past? How can I get more pictures of a listing? What if the Seller wont turn on the utilities for the inspection? Distributed by Tubemogul.
I own a house that has 3 units for sell in Phoenix AZ, it was on and off market, the RE sucks there. I have two families renting it they are not able to purchase it.
My realtor had suggested if I would offer the option Lease to Purchase I can move the house fast, I want to sell it. As a seller what are advantage and disadvantage for me, the price is$ 230,000 how much down payment can I ask and how much if I collect 00 can go through the credit mortgage payment benefiting the buyer?
What if the buyer fall behind with his payment-is this easy to evict. It’s very easy to evict a renter, but is these tenants consider as a buyer or tenants? Thanks
Here is my market update for March. I hope you find this informative: see video. It’s the first of March, so today we will review the market sales and information for February. First, we came into March with 27000 single family home available for sale. If you compare this to last year when 40000 homes were on the market in the metro Phoenix area you would see inventor is down 32.5%. Next are the home sales. We closed 5504 homes in metro Phoenix this February, that is 14% higher than last year. Remember last year was the second best year ever for home sales. Last month 7407 homes sold and went into a Pending status. Foreclosure homes constituted 2100 of the sales last month and inventor of foreclosures is flat. Short Sales continue to sell with great velocity, there were 1359 Short Sale closings in February for the metro Phoenix real estate market. That is 4 times the amount of the same time last year. Retail home sales continue to improve as more sellers bring their price to the market value and attract buyers. This segment made up 36% of the closings for February. Over 56% of the homes available for sale are retail sales. Affordability has returned to the metro Phoenix real estate market. I put together the following chart to show how affordable homes are today. But a quick review of what I am trying to convey. For a home valued at 0000 it takes one income earner of approximately k to qualify or 2 at .5k per year. With 2000 work hours in a year 2 persons making …