Showing posts with label SCAM. Show all posts
Showing posts with label SCAM. Show all posts

Monday, January 19, 2009

My numbers for 2007

The measure of a good real estate professional is results. That's it. Period. Just results. Can your agent close deals?

Well, for 2006 and 2007, there have been no agents with Keller Williams Coppell that have sold more real estate than I. 2008 wasn't as good a year for me but my drop to third can be explained by my market.

In 2007, I sold 68 houses. The average agent will sell 15 houses. Last year In fell to 45 houses. My main market (North Collin county) has been devastated by high gas prices and high foreclosure rates.

I still had a great year. But for my goals, the results don't match up to what I expected.

To get the results you need out of your 2009 real estate transaction, put my experience work for you today!

Tuesday, October 14, 2008

I'll take my commission in Parrot


In real estate, you get to experience some crazy events.

A couple of years ago, I was selling a house for a client. He was right at the break even on an offer that we recieved. He evidentally didn't realize that he had another expense that he wasn't factoring in (not associated with the RE transaction).

Long story short, he was $3000 short to be able to close on the sale of his house. I agreed to front him the $3000 so he could make closing happen from the sale side. He was so thankful and promised to pay me back as soon as he got his first two paychecks.

The seller owned a parrot and was so thankful that I helped him get his house sold that he gave my kids the parrot. He didn't really want the parrot as he was moving into a smaller apartment and didn't have room for him.

Needless to say, the seller never paid me back and I think he gave us that Parrot just because he can be so annoying. The client was a good guy and I would do it again for him to help him get his home sold. I just don't think I would take the Parrot again.

Friday, September 19, 2008

Shady Lending Practices... BEWARE!

In real estate, I help people buy and/or sell properties. Whether is be residential, commercial, investment, land, or lease.

The main reason why the housing market has declined so much in the past 2 years is because of these shady lending practices. You know. . . the adjustable rates and the sub-prime loans, and mortgage companies simply refusing to work with so many homeowners that homeowners are forced to either sell or foreclose.

But with this market, comes a great deal of investors, and now, first-time homebuyers because of new incentives that are being put in to place. But Buyers BEWARE of lenders or "loan officers" who have absolutely no experience nor education on many of today's financing issues.

My latest "run-in" with these shady lending practices is with a company whom I won't call out. .. but their name starts with AMERI and ends with NET. This is an "institution" (if you could actually call it that) that does not even have a logo?!?

All loan officers work from their homes, and have a long list of underwriters to choose from.

First of all, don't EVER talk finances with someone who doesn't have someone else to answer to (Most loan officers have to deal with a branch manager or senior loan officer)... I know I know... anyone you find who works for Amerinet, calls themself either one or both.... ask them who their manager is before you let them run your credit. Get their manager or supervisor's information JUST IN CASE things go sour. TRUST ME.... with most of the "loan officers" carrying the Amerinet name, THEY WILL!

Lastly, I want to leave you with a little bit of "evidence" that shows how shady this company is:

In a little investigation I conducted myself -- which I often do -- I called the CEO of this "company" and asked for information on becoming a loan officer for the "company" in order to "work from home".. . the number he gave me was: 512-401-0522
After google-ing this phone number, I came up with SEVERAL companies who all carry this phone number.

The moral of this story is: If you're shopping for a lender, first ask family, then VERY close friends, then your Real Estate Agent. If you want to know who NOT to use, Google the number I gave you. That will give you a list of companies NOT to use!



lh, a.a.