POD CAST: Avoid Fair Housing and Legal Pitfalls in Property Management and Rentals

Training for Realtors and Property Managers – Avoid Legal Pitfalls Some tips when renting properties: A security deposit is refundable. To hold a unit/property mark the payment as a “non-refundable deposit”. In the State of Ohio, property managers need to be licensed. Realtors must go through their Real Estate office. Have a written standard for approval of tenants; be consistent! …

Avoid Legal and Ethical Pitfalls in Real Estate – Source of Income and Collecting Money

CHECK OUT OUR PODCAST! 3 things you might be doing WRONG if you’re working rentals or property management. More complaints are filed regarding management and rentals than any other category. Are you breaking the rules? We will cover source of income as a protected class (are you saying “NO Section 8”, for example?); this could open you up to liability! …

PODCAST – FREE Ways to Build Your Referral Network Using Facebook – Realtor Training Classes

Facebook – FREE Ways to Build Your Real Estate Network!   Networking is all about building relationships. Different types of Facebook groups can help expand your sphere: Location Groups – Join neighborhood groups such as NextDoor, particularly in neighborhoods that you are geofarming. Interest Groups – Find things you already like/do and build on that:  Hiking, Kayaking, your kid’s sports, …

PODCAST – The Customer is NOT Always Right – Here’s Why! Realtor Training Classes

Mike and Tony discuss why the customer is NOT always right and when to consider letting a customer go. 1. Customers do not know everything:  They may not understand the ethical obligations agents have or think they should price a property higher than the market dictates. 2.  Number of Customers:  Find the RIGHT customers; let the others know you are …

Think You Know About Insurance? Think Again! – Our Latest PODCAST

Make Sure You Have the Right Coverage – Don’t Get Stuck with Unnecessary Costs!   On our most recent podcast Mike and Tony were joined by Collin Doyle from State Farm Insurance in Mayfield Village ([email protected] or 440/646-2530). There are many types of insurance; be sure to always discuss with your agent what is covered specifically in your policy. Do …

Top 3 Ideas to Get LISTINGS! PODCAST – FREE Beer and Real Estate

Are you a Hunter or a Farmer?  What type of agent are you?   Hunters are more outgoing, into prospecting and door knocking. Farmers cultivate relationships to obtain more business. Either way you must get over rejection. Tip #1 – Open Houses – Ask the right questions to get listings – Where are they going?  They most likely will need …

Your Rental Portfolio is a MESS! Now What?!? – Tips for Real Estate Investors and Property Managers

Your Rental Portfolio is a MESS! Now What?!? Normally, the biggest complaint investors have is that they are not making enough money on their real estate investments. Owners often don’t understand the repair costs; especially in a market like Cleveland! Many homes in NE Ohio are around 100 years old, no matter how much you update these homes, there are …

WIN in Multiple Offers – New and Creative Tips for Realtors! Real Estate Training

New and Creative Ideas for WINNING with Multiple Offers! Subscribe to our PODCAST – FREE beer and real estate! Join Mike and Tony on this episode they discuss new and creative ways to WIN in a multiple offer situation. Some ideas: Get a proof of funds, not just a pre-approval letter Consider an appraisal gap Do not waive inspections, but …

Realtor Scripts and Dialogues – Increase Your Real Estate Sales!!!

Real Estate Scripts and Dialogues The phone is your friend!!!                                                                                       How to speak to your Sphere: With …

Real Estate and the Prime Rate – What is the Fed and how will a rate hike affect the real estate market?

What is the Fed and how the interest rates affect Real Estate Mike Ferrante from the 21 Mike Team at Century 21 HomeStar discussed the Fed and interest rates with Joe Fragapane and Tim Atkinson from First National Bank. The Fed, also called the Central Bank, controls interest rates and fair markets for the United States.  The interest rate is …