LONDON FOSTER HAS RECENTLY LAUNCHED THEIR PROPRIETARY CLOUD BASED PLATFORM FOR HARD CORE REALTORS
In addition to the 100% Commission payout for all associates, London Foster has released LF Agent 2.0 (available on Android app store) as a fully functional mobile office solution for realtors on the move. This unique platform sets itself apart from other 100% commission firms. Were most just require managing transactions by email or some 3 rd party that developed general functions, this platform is “bespoke” to the power associates and the way they do business k tailored to the realtor. It gives all of the solutions usually done at the office but at your fingertips.
Most 100 percent real estate firms do not offer the technology like this so its interesting to see a 100% commission real estate office offer something that the bigger companies offer without paying the hefty price. 100% real estate offices are becoming more attractive to realtors from “big box” companies that take upwards of 30-50% after the Monthly fee, franchise fee, technology fee and the percentage split.
“We see a lot of professionals finally pull the trigger and come aboard after realizing the savings especially as this profession becomes more and more competitive” says London Foster Broker Bobby Mahallati. “London Foster is one of South Florida’s fastest growing 100% real estate firms and is expanding to Georgia, Pennsylvania, New Jersey and New York.” Transactional fee based firms like these are sometimes looked down upon due to the immediate disruptive nature it has to the “old school” way real estate has been and currently still operates.
Because of new technology available, most companies will use it to lower costs but then pass the profits to themselves, Transaction based firms like London Foster pass the savings on to the realtor, hence their tagline “Empowered Agents”. London Foster says their Vision is to give the customer the best real estate experience by empowering the realtor with higher payouts and turning their realtors into marketing machines.
“As a marketer, realtors need to realize their profession, they are marketers first, then realtors.” Said Vasile Turcan, London Foster’s marketing director who oversees the companies digital and social media marketing efforts.
“These are 2 majors, like when you are in college you might major in one subject and minor in another, well here you have 2 majors both equally important and the sooner they realize this the sooner they will become successful real estate professionals.”
Join London Foster Online: www.joinlondonfoster.com
Where should you invest in real estate? If you know an area well, and have enough experience investing in real estate, you can make money almost anywhere. However, there are always places that are better or worse for real estate investments – places that have a better demand/supply ratio. Use the questions below to find them.
1. Is the population growing fast? Check the US Census figures online, or ask the local government if they have the statistics. Stay away from areas that have little growth.
2. Is job growth decent? Again, ask local authorities or use the census information. You want to see job growth equal to or exceeding population growth. The people have to have money to pay for housing.
3. Decent quality of life? This is subjective, but important. Are there theaters and bookstores? Count coffee shops and cafes. Trendy areas usually have increasing demand for housing. It’s also a good indication of a high quality-of-life if people are willing to take lower-paying jobs just to live there.
4. Wealth in the area? It is always a good sign when there is some degree of wealth in a town. Count rich homes. Wealth means everything doesn’t die when the economy slows.
1. How much new construction? The census figures can tell you what’s happened over the last ten years. Then check with the local authorities to see if the the number of housing units they’ve issued permits for is more or less than the expected population growth.
2. How many homes for sale? A lower supply of homes for sale means upward pressure on prices. This indirectly drives up rents as well, which makes for better investing.
3. Rent and vacancy levels? Are rents high enough to justify investing? Are vacancies low? When we first came to Tucson, every building had vacancies, and we saw a man holding a sign that read, “Apartment – $250 Per Month.” Great place for renters, but not a great place to invest in real estate.
4. Available land that is buildable? Less is better for future appreciation. When the land runs out, the prices start accelerating upwards.
Use these questions to compare various towns and cities, and you’ll see the differences more clearly. You’ll see how housing demand compares to supply in each. Finally, you’ll see where it is better to invest in real estate.
Homeownership is one of the pillars of the American economy. To keep it propped up, there are many programs to help first time buyers make down payments.
First Time Buyers Program – Down Payment
Are you a home buyer looking to buy your very first home? Do you believe you can make the mortgage payments on the home but just donít have enough cash on hand to make the down payments? Are you not able to buy the home because of this mortgage down payment problem? If this defines you, then donít be worried. There are many programs out there that can help you to make the down payment and move in to your very own home.
Firstly, check with the FHA – the Federal Housing Association. The FHA often offers many programs to various people who canít make the down payment on their home. The Department of Housing and Development is another organization that has many programs in place to allow first time buyers to be able to buy their very own home and get over the hurdles of down payment costs. Both of these organizations should be sought out right away and you should contact them and see what sort of programs and assistance you might be eligible for.
For minorities and low income families in particular, there is another big program in place that can be of great assistance. If you fall into one of those categories, you may be eligible for the American Dream Down Payment Initiative. Passed in 2003, ADDI allows for eligible first time home buyers to receive as much as $10,000 in assistance for making the down payment on their home.
In addition to these organizations, there are also many programs in place by states that seek to encourage first time home buyers. These programs often offer grants and other assistance to first time home buyers so that they can meet the down payment requirements for their home. Make sure to do an internet search for the housing department in your state to seek out information on programs relevant to your location.
First time home buyers who canít make their down payment should not worry, there are many programs in place that can help them. If you are a first time home buyer and need assistance, you can seek out many of these different groups so that you can be able to make the down payment and be able to move in to a home of your very own.
It’s easy to find a real estate agent. Just put a for sale sign in the yard and wait for the phone to ring. The question is, how do you find a GOOD real estate agent? You can start with London Foster Realty.
Open in your browser www.LondonFoster.com – and start looking for all the homes for sale in your area. You can also collect a few real estate guides to look through. Browse the listings to find properties similar to yours. If you are selling a cabin, you want to look for cabins for sale. If you are selling a lakefront mansion, look for those.
When you find similar properties, note the names and numbers of the agents that are selling them or you can request more information directly from the website . The idea here is to find a real estate agent that has experience with your type of property. An agent that has all the million dollar homes may not be the best to sell your mobile home, for example. You want agents that have sold or are selling several properties like yours.
What To Ask A Real Estate Agent
1. When you call the agents – and it’s best to call several – you want to verify that they do have experience selling properties like yours. Ask for examples.
2. Ask what they do to market a property. Any agent can place an ad and put your home in the multiple listings. Do they have existing leads – people looking for properties like yours? Do they let other agents know about your property?
3. Do they show their listings very often? Many agents just list real estate for sale and let others sell it for them. It’s more profitable for them, but not for you. If they are a good salesperson, you want them to be going through the house with potential buyers.
4. Do they do their own closings? Again, it may be better for them to delegate this part of the process, but it isn’t better for you. You want the same person to be there through the whole process. You want one person to call. Things go wrong all the time in real estate, so don’t complicate it further by having more people involved.
Most real estate agents will probably argue these points. That’s okay, but be aware that there are other things they won’t tell you too. For example, did you know that open houses are primarily a prospecting tool for real estate agents? In fact, new agents (not the listing agent) are often given the job of hosting your open house, so they can find buyers to work with. It isn’t expected that they will sell your house in the process.
Also understand that when you see ads for homes for sale, and they don’t have prices, it is a prospecting technique. When that buyer looking for a $100,000 home calls on your $300,000 home, the agent isn’t going to make him able to afford your home. The whole point was to get him to call so he could sell him ANY home. Meanwhile, other potential buyers for your home skipped over the ad – there are enough homes WITH prices to look at (insist that ads for your property have the price listed).
Trust your intuition when choosing an agent. If you don’t feel comfortable with an agent, it’s possible potential buyers won’t either. And ask the right questions. You don’t just want to find a real estate agent you like. You want to find the right agent for your property.
Broker Bobby Mahallati
London Foster Realty
Office: +1 305-514-0100
Why іѕ Lоndоn Fоѕtеr thе fаѕtеѕt grоwіng Real Estate frаnсhіѕе in Miami? It’s ѕіmрlе, wе gіvе our agents thе bеѕt compensation package іn thе іnduѕtrу, period! Our agents mаkе 100% commission. For оur сlіеntѕ thіѕ mеаnѕ уоu hаvе a highly motivated аgеnt on уоur ѕіdе, wіllіng tо do whаt it tаkеѕ tо make ѕurе уоu fіnd thе home уоu want. Fоr оur аgеntѕ it mеаnѕ that all thеіr hаrd work іѕ rеwаrdеd, not ѕрlіt wіth thе аgеnсу.
We hаvе сrеаtеd an environment оf mоrе knowledgable, аnd better compensated agents. Whеn wе ѕtаtе it is 100% соmmіѕѕіоn real еѕtаtе, thаt іѕ thе wау іt is. Nо оthеr dеѕk or mаrkеtіng fееѕ ever. Iѕn’t it tіmе уоu wоrk wіth a рrоfеѕѕіоnаl brоkеrаgе whо wants tо HELP уоu MAKE MORE MONEY?
Lоndоn Fоѕtеr offers mоrе dіrесt brоkеr ѕuрроrt wіth nо frаnсhіѕе fееѕ, nо ѕрlіtѕ аnd nо hеаdасhеѕ fоr our realtors аnd уоu can sign up and be іmmеdіаtеlу rеgіѕtеrеd аnd receive our frее mаrkеtіng оffеrѕ whісh іnсludеѕ prоfеѕѕіоnаl headshot рhоtоgrарhу, buѕіnеѕѕ cards, free IDX website and much more. Our Fanatical broker suрроrt is always there tо hеlр with yоur transactions аnd cоmрlіаnсе questions.
Mееt оur brоkеrѕ аnd mаrkеtіng tеаm. Get fаmіlіаr wіth your offісе аnd other aѕѕосіаtеѕ. If уоu аlrеаdу knоw hоw to gеnеrаtе your оwn lеаdѕ and business, аnd уоu аrе tіrеd оf sharing thоuѕаndѕ of dollars оf your hard earned commissions wіth уоur brоkеr, London Foster hаѕ thе bеѕt 100% аgеnt commission рrоgrаm that уоu lооkіng fоr. Thіѕ is thе BEST rеаltоr job орроrtunіtу іn Miami!
Our office is іn thе hеаrt of South Beach lосаtеd оn Lincoln Rd. You would be able to come wіth your сlіеntѕ for mееtіngѕ, listing рrеѕеntаtіоnѕ аnd сlоѕіng dеаlѕ.
Stаrt оff mаkіng 100% commission fоr аll agents. Yоu pay оnlу $199 реr dеаl. No quоtаѕ, no yеаrlу rеѕеtѕ.
For mоrе іnfоrmаtіоn соntасt:
407 Lіnсоln Rd Suіtе:
10G, Miami Beach, 33139 FL
Phone +1 (305) – 514 – 0100 For Immediate Release