Real Estate 101 – Firing a Bad Agent

“A mistake that many people make when working with a real estate agent is the belief that they need to stick with the agent once they have contacted them. While it can be more difficult to get out of a contract with a real estate agent that is helping you sell your home, you are under no obligation to work with just one real estate agent when you are looking for a home to purchase. In fact, unless you have hired a buyer’s agent to help you find your home, you are perfectly within your rights to contact multiple real estate agents in order to find one that suits your needs and that you feel comfortable with.If you have hired the agent to help you sell your home or if you have entered into a buyer’s agreement, getting out of your agreement can be a bit trickier. Nonetheless, it is possible.Signs that You Should Part Ways With Your Real Estate AgentSometimes, you simply won’t see eye to eye with your real estate agent. If this is the case, you might need to part ways. Aside from small differences in views, you might find that you and the real estate agent simply cannot get on the same page at all. This can be a very frustrating and time-consuming experience – and it is completely unnecessary. More than likely, there is a real estate agent out there that will understand your needs and that will be more than happy to help you find what you are looking for.If you find that you are raising your voice when talking to your real estate agent, you are probably in a bad situation. If you find yourself calling your agent bad names when you refer to him or her or if you are experiencing negative thoughts about your agent, it is time to start looking for a new agent. Similarly, if you find yourself avoiding your agent’s calls or if your agent is not calling you back, you likely have a bad relationship and it would be better for both of you to part ways.Getting Out of Your AgreementsIf you have entered into a contract with your real estate agent, you should try to end the contract based on mutual consent. If the agent refuses to bow out gracefully, you might need to request the help of a lawyer. Ideally, before you ever signed the contract, you should have checked on the agent’s policies for canceling the contract. Most reputable real estate agents will allow you to end the contract if you are unhappy with their services.If you have entered into a listing agreement, you can ask the real estate agent to cancel the listing. If he or she refuses, contact the grocer and request a cancellation. If the broker will not cancel the listing, you can at least ask for a different agent. In most cases, however, the broker will allow you to get out of the listing because refusal to do so can scar his or her reputation. If the broker continues to refuse, let him or her know that you will be contacting a real estate lawyer for termination assistance. In many cases, just the threat of a lawyer is enough to get the broker to back down. ”

Will This Real Estate Investment Course Work For Me? What the Gurus Don’t Want You to Know

When it comes to real estate investment courses, there are a lot of people who are selling a lot of TERRIBLE products out there.As I into this arena of real estate investor trainings, as a real estate coach, I have found that there are a lot of “wolves” out there, and it’s hard to be a sheep among wolves.What do the real estate guru “wolves” do?Sell the product that will make them the most money, even if it’s not the most helpful to their students.Sometimes it seems like it’s all about who has the best sales pitch, NOT who has the best product.Fortunately, the Internet is making it easier for real estate investors to research these “guru’s” and find out if their products are the real deal, or just a bunch of hot air.  Before you buy any product, search for that guru’s name and “scam” or “review” and see what you find!Here’s what I do when I am tempted by the alluring, emotional marketing presentations…Personally, I am very big on return policies… If I can’t return a product that’s low-quality, I’m mad… so I’m willing to buy things and evaluate them and use the return policy judiciously.Note – I’m not advocating “Stealing” all the ideas and then returning a product, but I have returned products whose authors over-pitched them in attempt to sell the course, or who advocate unethical methods or techniques that I would not be comfortable implementing.(That’s different than “techniques I am too lazy to implement.”)The problem most of us experience in buying one real estate investing course is that once we subscribe to a real estate investor guru’s email list, it seems like we get new offers, deals and promotions every week, encouraging us to use and implement the next new and exciting program that will help us make money EVEN MORE easily.We have to stay focused!The key in actually achieving success is to unplug from all these sales messages, think about your lifestyle, your needs, your marketplace, and decide what type of investment strategy will work best for you.  Then find a program, find a mentor, and stick with your plan!  Don’t get distracted.Distraction and lack of focus are our biggest enemies.  They usually kick in right after we order the course and start to feel “buyer’s remorse” about whether it was really a good idea to spend more money on that program.If it was a bad course, return it, if it was a good course – use it!  The best way to overcome buyer’s remorse is to start implementing what you’ve learned in order to make some money!There are a lot of scams out there, but most of them you can recognize by reading through the course.  The ones that are harder to recognize, you should be able to flush out in 60-90 days of attempting to implement the program.So, that means you should feel comfortable buying real estate education information that has a 60-90 day return policy.If the program doesn’t have a return policy, don’t buy it.If you don’t have time in the next 60-90 days to implement the program, don’t buy it.And finally, if you’re down to your grocery money or rent money, you’ve run up your credit card bills, or you can’t pay for the postage or bandit signs the course recommends – don’t buy it either.There are a lot of good courses out there, too.The problem with being a sheep among wolves in the real estate education industry is that if you DON’T charge an arm-and-a-leg for your product, it’s harder to get JV partners to promote your product on their webinar or at their real estate investing seminar.  It’s harder to pay for Google ads to promote your sales letter.  Frankly, it’s just harder and less profitable to be in business.You really have to have the heart of a teacher and want to help at that point…The only “profit model” that I have seen as being “effective” for the less price-gouging real estate trainers out there is to use a “profit split” model, where they charge an upfront fee, and also offer take a portion of your profits on your deals as part of their compensation.Think about it, otherwise, why would this investor who is otherwise “so good” at investing in real estate bother to go into the education business?If he was making millions with passive investments like he claims, why does he need to teach you and get money from you? You’ve probably asked yourself the same question a few times.Clearly, it has to be profitable for the trainer, but there’s no reason to charge exorbitant prices for products that don’t deliver.Great products at reasonable prices is the direction I hope to see the industry go, but until then, caveat emptor… let the buyer beware!