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Ralph’s Helpful Tips: Make sure you load your buyers up with business cards for open houses

Ralph’s Helpful Tips:  Make sure you load your buyers up with business cards for open houses

One thing you can NEVER have too many of is business cards.  You really should be going through them like water.  Why?  Because each card that is floating around out there is just one more marketing piece that is reminding everyone around that YOU are the go-to person in real estate.

When working with buyers in the property viewing and discovery stage, don’t skimp out on business cards and make sure you load your buyers up with at least 15-25 business cards.  And if they run out, give them 15-25 more!!

Not only for the obvious reasons of possible referrals, but you and I both know that there are some unscrupulous agents out there who will try and “assimilate” your clients at open houses.

Give your buyers specific instructions to hand your card to the listing agent or agent that is holding the home open, and have them state that they are working with YOU.

And if you have the opportunity, on occasion when you simply cannot be there at the same time as your clients yet they are motivated to get out there to some open houses, find out which open houses they want to see and place a kind phonecall or email message to the listing agent and let them know your clients love the home, let them know they will be there at the open house, and provide the agent with your clients first names.

This will avoid any “mishaps” or “misunderstandings”  (I’m feeling rather democratic today so I am using vague descriptives in quotes rather than any nasty adjectives……ah-hem!)

Each week I’ll have a Helpful Tip posted for you to incorporate into your repertoire of savvy real estate professional techniques.

If you’d like to join our group, click here:  http://activerain.com/groups/ralphshelpfultips

 

Ralph’s Helpful Tips: Make sure you load your buyers up with business cards for open houses

Ralph’s Helpful Tips:  Make sure you load your buyers up with business cards for open houses

One thing you can NEVER have too many of is business cards.  You really should be going through them like water.  Why?  Because each card that is floating around out there is just one more marketing piece that is reminding everyone around that YOU are the go-to person in real estate.

When working with buyers in the property viewing and discovery stage, don’t skimp out on business cards and make sure you load your buyers up with at least 15-25 business cards.  And if they run out, give them 15-25 more!!

Not only for the obvious reasons of possible referrals, but you and I both know that there are some unscrupulous agents out there who will try and “assimilate” your clients at open houses.

Give your buyers specific instructions to hand your card to the listing agent or agent that is holding the home open, and have them state that they are working with YOU.

And if you have the opportunity, on occasion when you simply cannot be there at the same time as your clients yet they are motivated to get out there to some open houses, find out which open houses they want to see and place a kind phonecall or email message to the listing agent and let them know your clients love the home, let them know they will be there at the open house, and provide the agent with your clients first names.

This will avoid any “mishaps” or “misunderstandings”  (I’m feeling rather democratic today so I am using vague descriptives in quotes rather than any nasty adjectives……ah-hem!)

Each week I’ll have a Helpful Tip posted for you to incorporate into your repertoire of savvy real estate professional techniques.

If you’d like to join our group, click here:  http://activerain.com/groups/ralphshelpfultips

 

Great 2-Bedroom North Hollywood Co-op Condo – Only $119,000!!

Great 2-Bedroom North Hollywood Co-op Condo – Only $119,000!!

VERY NICE 2 BED / 1 BATH CO-OP CONDO WITH A 60′S CLEAN LINED FEEL. VERY LARGE LIVING ROOM, AND LARGE BALCONY WITH PRIVACY. PEACEFUL COURTYARD AREA WITH WELL-KEPT POOL/DECK AREA.  CENTRAL HEAT AND AIR.

Nothing else like this in this price range in the Central San Fernado Valley.  Short sale.  Only one lender.  Bank may pay closing costs on this depending on purchase price.


25205 Favoloso Ct., Stevenson Ranch, CA – Newer Construction Home with Breathtaking Views! – $395,000!!

25205 Favoloso Ct., Stevenson Ranch, CA – Newer Construction Home with Breathtaking Views! – $395,000!!

STEVENSON RANCH NEWER CONSTRUCTION HOME, AT THE END OF THE SOUTHERN-MOST CUL-DE-SAC. HILLSIDE VILLAGE HOME WITH BREATHTAKING 180 DEGREE PANORAMIC VIEWS OF THE SANTA CLARITA VALLEY. SALT-WATER POOL, SPA, OUTDOOR KITCHEN, OUTDOOR FIREPIT, WATER SOFTENING SYSTEM, DOUBLE ATTACHED GARAGE, PLANTATION SHUTTERS, FIREPLACE, LAUNDRY ROOM, PANTRY, EVEN A SMALL 3-HOLE PUTTING GREEN IN THE BACK YARD! PLENTY OF LIGHT, SUN-FILLED ROOMS AND AN OPEN FLOOR PLAN. HOA INCLUDES FRONT YARD MAINTENANCE AND PERIODIC WINDOW WASHING! DEDICATED GUEST PARKING THROUGHOUT THE NEIGHBORHOODS. SMALL CHARMING PARK JUST 20 YARDS BELOW THE PROPERTY.

MLS # 12-575807


The Answer To This Week’s Legal Scenario is Posted: Contract Addendums – Who Signs What And Why?

Ralph’s Weekly Legal What-If Scenarios: Contract Addendums – Who Signs What And Why?

Each Monday, I’m going to post a “What If” Scenario that presents a legal issue in a real estate hypothetical situation.

Each Sunday, either the correct legal answer (or most likely legal resolution) to the situation will be posted.

This week’s “What-If” Scenario was based on contract addendums.

If you’d like read this week’s blog, click here:

http://activerain.com/blogsview/2726242/ralph-s-weekly-legal-what-if-scenarios-contract-addendums-who-signs-what-and-why-

Here is this week’s scenario:

Jane is the listing agent, and is representing her seller, Adam, in an escrow.  Steve is the buyer’s agent, and he is representing his buyer Carol.

Things are going fairly well with the escrow, and the loan approval took a little longer than expected, thus creating the need to close escrow a few days later than what the contract states.  Carol is using her brother-in-law Derek as the loan broker to obtain the loan.

An addendum is drawn up to extend the closing date out 5 more days than the original contract states.  The addendum is drawn up using ZipForms C.A.R. form ADM, and the principles and agents sign the form in the designated signature lines on the addendum.

About a year later, Carol, during her plans to add on a new wing to the home, discovers via her contractor that there was an old underground septic tank that was never disclosed to her by the seller.  The seller was aware of the septic tank, but did not disclose it, not even to Jane his listing agent.

It will cost Carol approximately $20,000 to excavate the septic tank and fill in the soil properly for the type of renovations she is making.

Carol is considering litigation to recover the damages she must pay to remediate the old septic tank.

If Carol decides to file a lawsuit, will anyone be be responsible for the damages?  And if so, why?

 

Then and now……….

Then and now…………

 

Yes, I do love it here on the ‘Rain.  But just a reminder to get off your butts and socialize too!

We still work in a people-oriented business!  And make sure you and your children stay active off the computer as well.

All the best,

 

Artesia River Ranch | Sold!

This lovely waterfront  ranch has been sold.  If you are looking for a farm and ranch property in the greater Austin or “megaplex” area between Austin, San Antonio, and Houston call me.  512-743-0516.  I would love to help you!

Artesia River Ranch | Sold!

This lovely waterfront  ranch has been sold.  If you are looking for a farm and ranch property in the greater Austin or “megaplex” area between Austin, San Antonio, and Houston call me.  512-743-0516.  I would love to help you!

I just made another micro loan on Kiva.org to a man in Kenya – Pay It Forward

I just made another micro loan on Kiva.org to a man in Kenya – Pay It Forward

Fadhili is a married man with nine school going children. He owns a house with electricity but no piped water. His greatest monthly expense is school fees for his children.

Fadhili has operated a retail shop for the past year. In addition he owns a rental house. His potential clients are the local area residents. He faces a major challenge of seasonality. He dreams of owning another rental house.

With the Kshs 100,000 he wants to purchase more stocks of rice, sugar and maize flour for his shop and also renovate his rental house. He decided to join Yehu to get capital to improve his businesses.

For those of you unfamiliar with Kiva.org, definitely check it out.  You are able to make small $25, micro loans to people around the globe who are not as fortunate as most of us in America are.  Your $25 loan, along with many in your group, help to finance these small business people, and there are fantastic regulatory agencies on each continent that handle the repayment to your Kiva account so that you can keep re-lending out the funds.

Here is a link for you to check it out:  http://kiva.org/invitedby/ralph6433

Ralph’s Weekly Legal What-If Scenarios: Contract Addendums – Who Signs What And Why?

Ralph’s Weekly Legal What-If Scenarios: Contract Addendums – Who Signs What And Why?

Each Monday, I’m going to post a “What If” Scenario that presents a legal issue in a real estate hypothetical situation.

Each Sunday, either the correct legal answer (or most likely legal resolution) to the situation will be posted.

These are great opportunities to keep your real estate legal chops honed and tuned as a real estate professional.  And I’m sure there will be some interesting discussions going on related to these hypothetical situations.  Some of you may also have had identical situations in the past that will bring some interesting light to the answers.

Here is this week’s scenario:

Jane is the listing agent, and is representing her seller, Adam, in an escrow.  Steve is the buyer’s agent, and he is representing his buyer Carol.

Things are going fairly well with the escrow, and the loan approval took a little longer than expected, thus creating the need to close escrow a few days later than what the contract states.  Carol is using her brother-in-law Derek as the loan broker to obtain the loan.

An addendum is drawn up to extend the closing date out 5 more days than the original contract states.  The addendum is drawn up using ZipForms C.A.R. form ADM (see sample below), and the principles and agents sign the form in the designated signature lines on the addendum.

About a year later, Carol, during her plans to add on a new wing to the home, discovers via her contractor that there was an old underground septic tank that was never disclosed to her by the seller.  The seller was aware of the septic tank, but did not disclose it, not even to Jane his listing agent.

It will cost Carol approximately $20,000 to excavate the septic tank and fill in the soil properly for the type of renovations she is making.

Carol is considering litigation to recover the damages she must pay to remediate the old septic tank.

If Carol decides to file a lawsuit, will anyone be be responsible for the damages?  And if so, why?

(Hint:  The answer may surprise you…..)

Post your definition of what the answer is, and the correct answer along with the relative laws that apply will be posted on Sunday.

Good luck!

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