By Patty Boysen
So summer is here and the sun is shining. People are out and about going for walks, bike rides or playing on the beach. BankREOs.com is not only looking out the windows at the people walking by our beautiful new offices, we are watching them walk in! We are perfectly located, nestled right along the Chicago lakefront at 540 N. Lake Shore Drive and Realtors® are catching on to this quickly. They see opportunity in a place that is in the biggest hotspot in Streeterville. We get foot traffic and drive-by traffic and the location is convenient for people to stop by and see what we are all about.
Any agent who is looking to get into real estate or even veterans looking for a new change, should definitely swing on by and take a look. There is plenty of space for Realtors® to sit down, set up and start making calls. There are also multiple conference rooms and meeting rooms for you and your clients to meet in. This is the place where deals happen. There is an energy here that is untouched!
BankREOs.com is current with the market and sees opportunity in bank owned properties. People want to sell them and buyers want to buy them. There are multiple ways to buy and sell real estate and auctions is one way. The Realtors® here at BankREOs.com can assist you with the real estate auction process so that you are informed as to exactly what you need to know to sell or purchase real estate through an auction.
There are plenty of opportunities for Realtors® to stand apart from the rest. One of the ways a real estate agent can do this is by obtaining a designation. You can educate yourself on your specialty and participate in continuing your education. Many of the Realtors® at OwnACondo.com for instance have their ABR® designation, for Accredited Buyer’s Representation. They truly specialize in working and servicing buyers.
In order to obtain the ABR® Designation, you need to complete a two-day course and receive an 80% or higher score on the exam. You will then have three years to complete the other ABR® requirements. These requirements include: successful completion of the ABR® elective courses with a passing grade of 80% on the exam; documentation verifying that you have completed five transactions in which you acted only as the buyer agent; and finally, maintaining an active and good membership status with the Real Estate Buyer’s Agent Council and the National Association of Realtors®.
In the real estate industry, it is important to stand out in the field. There are many Realtors® and all are after the same goals: Closing transactions and making money. Do something unique and special so that you are more easily recognizable, such as earning an ABR® designation. You can then add this designation to all of your marketing and advertising. Add this designation to all social networking sites and you are already ahead of the rest.
Our condo buyers really love our ABR Agents, because our buyers are assured of unparralled expertise and service.
As the snow melts and the sun shines through, we have something to look forward to… Spring time! The groundhog did not see his shadow, so spring shall be arriving early. All real estate agents know what this means. Spring is the best time of year for most real estate agents and companies. This is because a lot of properties get listed around this time of year and many people start searching this time of year as well.
Many people do not want to search for homes during the holidays as it is usually a very busy time of year. On the flip side, many people do not want to put their home on the market because they are too busy during this time. So when the holidays pass and the sun begins to shine again, the real estate market experiences a spike!
One of the reasons why spring time is such a great time of year for real estate is that many people start searching now, so that their kids can finish up the school year before the move takes place. Then once summer hits, they can move. The market usually experiences a decline around September, for the same reason. People would have already had to have moved if the kids are enrolling in a new school.
Spring time should be a great time for real estate agents to go out and get that business and this is also a great time for those home buyers to get in their dream homes!
Online courses seem to be the answer for most of the population when it comes to studying for an exam. It is convenient and as some commercials put it, “you can study in your pajamas!” But is online studying for everyone? I don’t believe this to be true. Some people need the discipline to have to show up and attend classroom training. In real estate however, I believe online studying is the key.
Most real estate agents know what it takes to run their own business. They need to be able to work from home and get work done. Granted, some agents do work out of the office, but most do not. The main reason most people do not participate in online studying is because they do not have the discipline to actually study while they are in their home. They are too easily distracted, so they decide to attend classroom study. If you want to be successful in real estate, you MUST have self discipline. Testing your “at home study skills” by studying for a real estate exam is a good way to see if the real estate industry is for you.
Again, this is just an idea, as I am sure there are many advocates of classroom study because there certainly are benefits. It all just depends on the type of person you are. This was just a thought I had and I am curious to know whether or not success in real estate is linked with self discipline and at home/online studying?