Real Estate Secrets Revealed.
Law student shares ingenious secrets she used to guarantee she
found the best house, for the best price, with the absolute
minimum hassle required.
When Christy Corder -- a first time home buyer just out of law
school -- decided to buy a home, she wanted to get the best deal
possible, but was too busy studying for the bar exam to do all
the work herself. She didn't have the time to "shop around" with
a dozen different Realtors - most of whom were incompetent
anyway.
In a competitive market where there are practically more people
with a real estate license than with a driver's license, Christy
realized that agents will do anything to get a customer's
business... ANYTHING! To capitalize on that fact, she developed
a plan she could use on any real estate agent, in any market,
and not only got them to bend over backwards for her, but she
was assured that she would receive a nice chunk of that agent's
check at closing if all of her requirements weren't met.
Some of the tactics Christy used are as follows:
Quickly separate the winners from the losers. Due to the
fact that most agents couldn't negotiate their way out of a
paper bag, Christy needed a way to quickly identify the best
agents who could get her the best deal on her home from the rest
of the crowd. That way, she didn't end up finding a home with an
agent she might not want negotiating on her behalf.
Christy had a couple agents in mind, but rather than wasting
time looking at a bunch of homes with each of them, she decided
to construct an interview for each of those agents. After her
interview, she would either identify an agent worth working
with, or look around some more. Either way, she wasn't going to
waste a minute of her time looking at homes with an incompetent
agent.
Guarantee they are going to be the ones doing all of the
work. In an earlier attempt to find a home, Christy found
more homes she wanted to see on her own than the agent she was
working with found. She didn't have the time to do all of her
agent's work, and knew that her agent SHOULD be able to find
everything she was finding. However, typical commission
structures give no incentive (or disincentive) for agents to do
that work.
Christy changed that by making her agent agree up front that she
would be compensated fairly out of the agent's commission if she
found the house herself. As a result, not only did her agent
search the MLS several times a day, but he went above and beyond
the call of duty to find other homes not in the MLS -- and he
found them before 95% of other Realtors found them!
Keep them on their toes with a "cancel anytime clause".
Any agent who wanted Christy to sign an agreement committing her
to use them for the next 6 to 12 months just wasn't going to cut
it since most agents sit back and relax as soon as they get a
buyer to sign any such contract. Once Christy found that her
agent "passed the test", she told him she would sign a 12 month
contract, but reserved the right to cancel her contract with
that agent at any time - for any reason. That way, if the agent
got too busy for her, wasn't finding enough homes for her to
look at, or turned out not to be as competent as he initially
appeared to be, she could get rid of him.
Force them to stop selling homes as if they were used car
salespeople. Nothing irritated Christy more than agents who
kept pointing out the obvious with each home -- as if she were
blind and didn't notice that the home had vaulted ceilings, or
which bedroom was the master bedroom! Christy felt that an
agent's job isn't to show off the painfully obvious positive
features of every home they see -- but instead to watch out for
her interests and find out everything WRONG with that home. She
developed a condition which any real estate agent who wanted to
work with her had to agree to -- up front. That condition
essentially guaranteed her agent would never waste her time with
"used car sales" tactics, and instead act as her advocate --
making sure she doesn't buy a home that she won't be 100 percent
satisfied with after her purchase.
All of the agent's work will cost her nothing, and on top of
that, if desired, she could make money from her agent.
Considering she was just out of school, Christy didn't have much
at all in savings, and she wanted all of that to go towards
buying her house and furnishing it. The last condition Christy
required of her agent was that she didn't pay him a dime out of
her pocket. In fact, she devised a very interesting plan that
leveraged her contacts with the community to make money with her
agent instead of ever having to pay a dime in steep commissions
if she wanted to work with that agent in the future.
For a free report with full details on how you can get more out
of your real
estate agent, visit Make-Them-Pay.com<
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