Sales

Charlotte Property Management Weekly: Importance of Getting Paid from Rentals in the Next 5 Years

According to an article in Barron’s this month, the future of the real estate market is in rentals for the next five years. Most real estate agents are hoping this news is akin to the Bush White House claiming the existence of Iraqi weapons of mass destruction (WMD); hopefully, it is just another example of faulty American intelligence.

Charlotte Property Management Weekly: Wouldn’t You Want the Market to Know Your Rental is For Sale?

However, in an increasingly illiquid market, most wanna-be sellers are turning to the rental market to decrease the short-term pain of monthly payments on their vacant homes. What they really want to do is sell (and not of the short variety).

Charlotte Property Management Weekly: Solving the High-End Home Sales Stagnation with Rentals and Rent-To-Own

Many are realizing that they need a solution to get them past the next few years. They are starting to explore rental and rent-to-own options. They’ve heard the horror stories that people tell about renters, but they can also do basic math.

What do I mean by that?

Charlotte Property Management Weekly: It’s All About the Narrative: The Key to Maximizing Your Rent-To-Own Client’s Value

“I can’t sell this couple on anyone. If their financial history was made into a movie, it would be in the “Horror” section. Well, the “Drama” section would fit, too. And with eight kids, it could probably be get into the “Adult Content” section as well… (Charlotte Realtor bemoaning the plight of their rent-to-own client with less than stellar credentials)

Charlotte Property Management Weekly: “Terms” of Endearment- The Key to Selling Real Estate Buyers

If you were offered both of these jobs, which one would you take?

Job #1: $80K annually
Job #2: $30K annually

Duh, the $80K one.

Now let’s look at the job descriptions:

Charlotte Property Management Weekly: “Cash for Clunkers” Predicts a Cloudy 2010 Housing Market

“Can’t Believe You Still Have a Job” Award of 2009: Obama’s “Cash for Clunkers” sales forecasting team. As they projected a total 7-week program amount of $1B, they ran out of money before the first week was out and had to go begging Congress for $2B more.

If “prognosticatin’” is your game, and you’re off by that much, you probably need to find a new job- you just ain’t that good at it.

Charlotte Property Management Weekly: Which is Better? Colts or Saints? Sale, Rental, Rent-To-Own, or a Combination?

Super Bowl time is here which means there will be rampant speculation about which team is better. Most people from Indianapolis don’t think there is anyway Peyton Manning will let them lose, while New Orleans fans think that destiny is on their side. Of course, no one knows exactly who is right, but that doesn’t stop them from arguing about it non-stop for two weeks.

Charlotte Property Management Weekly: Sales- You Gonna Do It the Hard Way or Like Rick Pitino?

“I’m okay at sales. I send out 1,000 postcards and call all my internet leads every month. I’m just trying to figure out how to convert more of them this year.” (Pensive Charlotte Realtor)

“That’s right! You’re not your dad. He could sell a ketchup popsicle to a woman in white gloves.” (David Spade to Chris Farley in “Tommy Boy”)

“Put. That coffee. Down. Coffee’s for closers only.” (Alec Baldwin in “Glengarry Glen Ross”)