Who is my agent?

Quite often potential would be buyers refer to the person they bought their home from as their agent. It sounds reasonable but it is definitely not accurate. Although there are several meanings to the word Agent, let us refer to the definition as a person who works for or manages an agency.

Who is my agent

An example of this would be a person who is the agent of the insurance company and they legally represent the company, not the customer. Even an independent agent who can place a policy with different companies is still an agent of the company.

A mortgage officer, in most cases is an employee and represents the company. In addition, the same is true for a title or escrow officer. It is important to understand the actual relationship to know what you can expect from them. In Real Estate, there is a procedure for the professional to create formal agency relationships. This requires a fiduciary/statutory responsibility that places the principals’ interests above the agent’s own personal interests.

In today’s terms, potential consumers refer to an agent, as “this is my agent.” Unlike other professions, Real Estate is in a different category by itself. Agency disclosure plays a major part in representation, and, unless the potential buyer understands agency relationships, the word agent could be misconstrued.

An agent owes honesty and accountability to a customer. The principal can expect complete disclosure, obedience, loyalty, reasonable skill, care, and confidentiality from their agent.

Understanding agency relationships brings a valuable experience to the buying or selling process to coordinate all aspects of the transaction from start to finish.

Author: RealtyTimes.com

Why Use AMPI?

AMPI is the national association of real estate professionals that have, since 1956, gathered under laws and codes of ethics and conduct to create a reliable, trustworthy an efficient real estate environment in Mexico.

AMPI consists of separate autonomous sections all throughout the nation, as well as more than 4,000 associates and affiliates. Each section is independent and has its own board of directors, only surpassed by a national board of directors comprised of twenty associates from all over the republic.

Developed over the years with the input and knowledge of its members, AMPI is much more than just a collection of offices. AMPI has been a solid and recognized institution in Mexico for the past 27 years. It was originally established in 1956 and was consolidated in 1980. AMPI is currently represented in all the principle cities and regions of Mexico stretching from Tijuana to Cancun.

The Riviera Nayarita, Vallarta and Compostela chapters of AMPI are dedicated to promote the best practices in real estate by providing its members with education to reinforce the standards of ethics that give our industry the credibility which our clients deserve.

AMPI is committed to giving our membership access to a multiple listing service that forms the platform from which our industry can expand locally and into other markets while giving our members precise and up to date information that is vital to continuous improvement and growth.

Being ‘tech-savvy’ is not what gets real estate agents business

I reject the idea that younger people can earn a living as real estate agents just because they are “tech-savvy,” and that this somehow gives them an advantage that enables them to compete with more experienced agents.

I believe that there is plenty of business for agents young and old, and that we should encourage young people to join our profession. But we might be going about it all wrong.

tech savvy

The Internet has been around for more than 30 years. Smartphones have been with us, in one form or another, for 15 years. Before that we had the Palm Pilot.

Many of us “old” agents have evolved, adapted and kept up with the times. Some of us have even been innovators and early adopters of technology like the iPad, which some experts told us would be useless for business.

In some real estate associations and offices, I see an emphasis on having young, “tech-savvy” agents teaching older agents about technology. I think the future of the real estate industry would be better served if older, more experienced agents spent more time teaching younger agents how to be real estate agents.

“Young Professionals Networks” (YPNs) for real estate agents have sprung up all over the country. Many of them offer opportunities for agents to go to bars and parties and social events and network with each other. They also offer occasional educational opportunities that focus on how to use technology.

A better approach might be a formal mentoring program for new agents where they can work with more experienced agents and learn how to sell real estate. They could learn by observing and asking questions and shadowing experienced agents. Groups of agents and mentors could go to the bar once a month and talk about their successes and failures, and learn from each other.

I think the future of the real estate industry would be better served if older, more experienced agents spent more time teaching younger agents how to be real estate agents.”

I started my own career in real estate as a licensed assistant to a top-producing agent so that I could learn the business. The first time I went on a listing appointment it was as an observer. It was like real estate graduate school — or maybe a finishing school, depending upon how I look at it. I was not young when I started.

Even though I had come from a technology company and did not have any trouble with email, the Internet or my first smartphone, there were many things I needed to learn before I could work with clients and sell houses. The agent I worked with was not what we call “tech-savvy,” but he sold circles around me. He still does today.

Being “tech-savvy” is not what gets us business. Knowing how to answer the question, “Why should I work with you?” has to come first.

Even today as I blog for business, it is the content that comes from my own experience that helps me attract clients — not the technology behind the blog platform or the computer I use to manage the whole process.

My biggest challenge was finding people who would work with me. Once I found them, I had to provide services worthy of my exorbitant commission.

My current real estate clients put a much higher value on experience than on the stuff the real estate industry calls “tech-savvy.”

They really don’t care that I use my phone to navigate from house to house and to look up important information as I go. Or that I can write an offer and get it signed on my iPad.

They just want to buy the house, and they want the best deal they can get. They want me to give them advice on how much they money they should offer. My clients are interested in my real estate experience.

Technology improves efficiency, plain and simple. We use it so that we can make more money in less time.

It costs more to write an offer on paper and make copies for all the parties and hand-deliver it to the listing agent than it does to write it on a tablet and email it to everyone. I can make more money in less time because of the Internet, and because I have a phone and a tablet that allow me to bring the Internet with me wherever I go.

Author: Teresa Boardman – Inman.com

Why Use AMPI?

AMPI is the national association of real estate professionals that have, since 1956, gathered under laws and codes of ethics and conduct to create a reliable, trustworthy an efficient real estate environment in Mexico.

AMPI consists of separate autonomous sections all throughout the nation, as well as more than 4,000 associates and affiliates. Each section is independent and has its own board of directors, only surpassed by a national board of directors comprised of twenty associates from all over the republic.

Developed over the years with the input and knowledge of its members, AMPI is much more than just a collection of offices. AMPI has been a solid and recognized institution in Mexico for the past 27 years. It was originally established in 1956 and was consolidated in 1980. AMPI is currently represented in all the principle cities and regions of Mexico stretching from Tijuana to Cancun.

The Riviera Nayarita, Vallarta and Compostela chapters of AMPI are dedicated to promote the best practices in real estate by providing its members with education to reinforce the standards of ethics that give our industry the credibility which our clients deserve.

AMPI is committed to giving our membership access to a multiple listing service that forms the platform from which our industry can expand locally and into other markets while giving our members precise and up to date information that is vital to continuous improvement and growth.

What do Real Estate Agents earning $100K+ spend their time and money on?

At last year’s Real Estate Connect, conference emcees Katie Lance and Chris Smith from Inman News revealed key findings from a recent study on what agents earning $100K+ want, how they work and what they spend their time and money on.

spend their time
Where are the agents of tomorrow generating the most income?

The Top 5

1. Their Past Clients/Referrals

2. Their Website

3. Their Social Media Presence

4. Their Lawn Signs

5. Their Search Engine Efforts

Also, 98% of $100K earners use IDX registration follow-up and email marketing to take a lead to an escrow deposit. It’s time to focus your energy on the strategies that work!

Check out the entire video:

 

Why Use AMPI?

AMPI is the national association of real estate professionals that have, since 1956, gathered under laws and codes of ethics and conduct to create a reliable, trustworthy an efficient real estate environment in Mexico.

AMPI consists of separate autonomous sections all throughout the nation, as well as more than 4,000 associates and affiliates. Each section is independent and has its own board of directors, only surpassed by a national board of directors comprised of twenty associates from all over the republic.

Developed over the years with the input and knowledge of its members, AMPI is much more than just a collection of offices. AMPI has been a solid and recognized institution in Mexico for the past 27 years. It was originally established in 1956 and was consolidated in 1980. AMPI is currently represented in all the principle cities and regions of Mexico stretching from Tijuana to Cancun.

The Riviera Nayarita, Vallarta and Compostela chapters of AMPI are dedicated to promote the best practices in real estate by providing its members with education to reinforce the standards of ethics that give our industry the credibility which our clients deserve.

AMPI is committed to giving our membership access to a multiple listing service that forms the platform from which our industry can expand locally and into other markets while giving our members precise and up to date information that is vital to continuous improvement and growth.

5 blog and Facebook page posts just in time for summer!

Thanks to Inma.com for this great article!  While some of this ideas dont apply specifically to our area they could certainly be tweeked to work…

I’ve been brainstorming some fresh ideas for real estate social media campaigns — you know, the ones that aren’t about listings, or real estate, but the ones that residents in your community might find helpful. These are ideas either for a real estate Facebook business page or even your blog.

Having a busy family myself, and with the school year coming to an end, my mind always shifts to the things that we will be doing this summer — or should be doing. So while I was jotting some ideas down, I thought I would share what I’ve come up with so far. You may be able to use them, or they might inspire some fresh new ideas, too. Feel free to add to the list of what has worked for you. Check back for more, too. I’m sure I’ll be adding to the list.

5 fun content ideas for summer your clients will appreciate:

  • Publish or link to your city’s Parks and Recreation Summer Activity Guide. Most city websites have a community page where they link to downloadable PDF copies of summer activities, camps and other recreation for the summer. Since most classes have an enrollment, it’s helpful to share this online so your readers can download the info directly from your website and not miss important enrollment deadlines!
  • High school reunions: Publish any information on any that might be happening. Alumni prepare a whole year for their high school reunions! If you can give them some notice on when and where they will be happening, you are sure to gain some new fans!
  • Video interview a local teacher from a school in your community for some great summer education ideas for kids of all ages — you know, ALL those ideas and fliers you get from teachers when school lets out to make sure our kids’ minds are kept busy during the summer? Why not highlight a teacher in your community and do a fun interview about those ideas, and on how she plans to spend HER summer? What a great way for the kids in the community to get a glimpse of their teacher on camera!
  • Stage your home — just for fun! Create a video with your favorite home stager on how to “create the look” of a staged home. Do you work with a home stager from time to time or perhaps with all your listings? Share some of that great secret sauce with your readers and give them some staging tips. Not only will this be a fun project for the summer for some residents, but perhaps it will entice those same people to come to your open houses.
  • Link or write a post, or video your local farmers market if you have one. Or perhaps your community has Movies in the Park or any kind of seasonal event that’s fun for the whole community? Let your readers know all about it, and have a photo contest for the best photo from the event

AMPI is the national association of real estate professionals that have, since 1956, gathered under laws and codes of ethics and conduct to create a reliable, trustworthy an efficient real estate environment in Mexico.

AMPI consists of separate autonomous sections all throughout the nation, as well as more than 4,000 associates and affiliates. Each section is independent and has its own board of directors, only surpassed by a national board of directors comprised of twenty associates from all over the republic.

Developed over the years with the input and knowledge of its members, AMPI is much more than just a collection of offices. AMPI has been a solid and recognized institution in Mexico for the past 27 years. It was originally established in 1956 and was consolidated in 1980. AMPI is currently represented in all the principle cities and regions of Mexico stretching from Tijuana to Cancun.

The Riviera Nayarita, Vallarta and Compostela chapters of AMPI are dedicated to promote the best practices in real estate by providing its members with education to reinforce the standards of ethics that give our industry the credibility which our clients deserve.

AMPI is committed to giving our membership access to a multiple listing service that forms the platform from which our industry can expand locally and into other markets while giving our members precise and up to date information that is vital to continuous improvement and growth.

Why Use AMPI?

AMPI is the national association of real estate professionals that have, since 1956, gathered under laws and codes of ethics and conduct to create a reliable, trustworthy an efficient real estate environment in Mexico.

AMPI consists of separate autonomous sections all throughout the nation, as well as more than 4,000 associates and affiliates. Each section is independent and has its own board of directors, only surpassed by a national board of directors comprised of twenty associates from all over the republic.

Developed over the years with the input and knowledge of its members, AMPI is much more than just a collection of offices. AMPI has been a solid and recognized institution in Mexico for the past 27 years. It was originally established in 1956 and was consolidated in 1980. AMPI is currently represented in all the principle cities and regions of Mexico stretching from Tijuana to Cancun.

The Riviera Nayarita, Vallarta and Compostela chapters of AMPI are dedicated to promote the best practices in real estate by providing its members with education to reinforce the standards of ethics that give our industry the credibility which our clients deserve.

AMPI is committed to giving our membership access to a multiple listing service that forms the platform from which our industry can expand locally and into other markets while giving our members precise and up to date information that is vital to continuous improvement and growth.