The Trusted Realtor MRR Ebook

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Chapter 4: Choosing A Trusted Realtor

Within the exercise to find a good and trusted realtor, the client should be able to identify and note a few important points that make up the strong features provided by the realtor.

The following are some of the areas that should reflect the capabilities of the realtor and the level of trustworthiness evident: Professionalism - this characteristic is very easy to read as it will be evident in the way the realtor conduct the entire business transaction.

From the initial meet to the eventual introduction to either clients or properties. The way these exercises are conducted will reflect upon the realtor thus enabling the client to decide if the realtor was trustworthy or not.

The level of knowledge the realtor is able to portray is also another important way to gauge the level of trust the client can put on the realtor.

The realtor would be the ideal person to explain all the details of the legal documents involved should the client require such services. In doing so the realtor will be able to address any questions and doubts quickly and accurately therefore giving the client the confidence needed to commit.

The way and content of the communication by the realtor also reflects the attitude and trust levels the client can depend upon. Being able to provide all the relevant information through clear and honest communications will eventually ensure the strong basis of the transaction.

Most realtors who are willing to go the extra mile or put in extra effort to ensure all parties involved are happy and content is the sign of a individual who can be trusted. Realtors who are willing to make a effort to understand and cater to the needs of the client will eventually gain the confidence of the said client.

A realtor that is always available to help the client is also a rather trustworthy trait. Therefore finding one who can go beyond simply following the rules of providing assistance to the customer would be a better option.

Chapter 5: Lookout For Scam Realtors

There are several ways that are being employed by certain parties to create scam when it comes to real-estate purchases. Some of the participants are actually the realtors themselves.

The following are some of the more popular ways these realtors try to scam clients, thus there is a need to be extra weary and careful when a deal seems too good to be true:

Property flips are becoming a common scam practice. More recently, this practice has come to light and many people have been caught in the middle, though before this style was considered to be legitimate. Buying low and selling high does not seem to be a bad investment practice but when it is done in a misleading way then the issues of legitimacy is in question.

Then there is the practice of the realtors under valuating properties with fraudulent appraisals where the banks are persuaded to sell off the said properties at very low prices.

These properties are then put back on the market for sale at higher prices.

There are also cases of creative credit enhancements where the bank account used in a credit balance check is really not the

buyer’s legitimate account and is only a sub account. This is where the buyers do not really have any access to the funds but claim to be the owners of such accounts.

As the types of loan given out are usually dictated by the style the purchase is earmarked for the bank are often conned into believing that the intended property is going to be used as the applicants dwelling place. However in reality the property is really meant for other purposes such as rental, commercial, resale and any other fast turn over profit making schemes. This is especially prevalent when the property' in question is located in another country.

Chapter 6: How To Protect Yourself From Sneaky Realtors

The realtors main aim is to close the deal or sale successfully therefore they are more likely to resort to all means, legitimate of otherwise to ensure such a scenario is accomplished within the least amount of time and effort. However in trying to accomplish this, there are often occurrences that are less than desirable, when it comes to encouraging the prospective client to make a firm offer or commitment.

The following are some of the tactics commonly employed by sneaky realtors when it comes to getting people to commit to a property sale:

For some realtors the ideal form of getting a commitment out of the prospective client is to tire the client out, thus effectively forcing them to settle on a property. This is done by making them view a series of seemingly suitable properties that are supposedly within their stipulated requirements, and then when they portray signs of giving up, the agent swoops in with the so called ideal property for viewing. At this point the clients are usually ready to give up thus, making them easy prey for the sneaky realtor who will present a glowing picture of the final property and hard sell it. Thus after viewing all the so called bad properties, the current one (that was originally the target of the realtor) would seem like a reasonable one to commit to.

Some realtors will narrow down just a few properties and keep the client occupied viewing these. The process would designed to take up such a lot of time that the client will eventually settle for one of the properties viewed thinking that based on their own individual requirements that was the best that they were ever going to get. So instead of going around in circles the client will make the commitment to the property. To avoid such a possibility, the prospective client should actually request for a comparable analysis of the properties to be viewed before actually going around to physically view the earmarked properties.

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