From Around The Web: 20 Fabulous Infographics About Listings

[Johnathan Rosalee]

Parallel business models that play of a part are: Mortgage & Financing, Title and Escrow services, and a wide collection of additional service providers referred to as Ancillary Services. Ancillary Services are homeowner insurance such as flood insurance, tax certification and home owners' warranty (HOW), legal services and documentation Home improvement and repair painting heating and cooling (HVAC) landscaping, appliances, mechanical and property inspections, municipal utilities districts (MUDS) homes owners associations, notice to the general public that I'm exhausted. You'll get the picture. The process of improving real estate is a complex beast, and many parties who are involved in the process which property is purchased or sold, financed or transferred and finally the property is occupied.

When looking for that "who" or "what" which controls the business, we must consider the function of agencies that are quasi-governmental or regulatory to government. Fannie Mae and Freddie Mack were created to increase and regulate the flow in mortgage financing dollars and to create stability in the mortgage market. Oops! Ginny Mae will guarantee prompt installment to the investor for loans it guarantees. This is done through Mortgage Backed Securities (MBS) or loans pools that comprise VA as well as FHA made mortgages. It is the Department of Housing and Urban Development (HUD) is responsible for regulatory supervision, while the Treasury offers a few times a bail out. The entities in this group are in place because they hold certain capabilities and influence on technical legal, procedural and legal aspects of the business. They are not in charge of "how" things are done within the procedure. Private sector companies decide "how" things are done.

Any management of "ownership" of this market could be found within the public sector. Identifying the "who" (forgive me Dr. Seuss) can be accomplished by intuition. There are four components of the vast real estate industry fall in four main areas. Let's name them:

1. New Construction

* Commercial

* Industrial

* Single Family Residential

* Multifamily

* Pre-fabricated Structures

2. Resale

* Existing Buildings

* Existing Homes

* Other

3. Mortgage and Financing

* Construction Financing

* Mortgage Financing

* Refinancing

4. Title, Escrow and Ancillary Services

* Title Insurance Companies

* Title Insurance and Escrow Agents

* Legal and Documentation

* Recordation or Registration

* All Ancillary Services

These four categories are industries or business models in the real estate market. Companies that are major within these categories would possess expertise and understanding of how to link the dots and to accomplish the transaction. Each one exerts a some degree of control or influence over each aspect of the process. There are numerous major players in these sectors, and they engage in a fierce competition. There isn't such thing that is a common sense solution that will define "how" the component business models are integrated, but there should be. The level of redundancies and inefficiencies keep the process dependent on paper, and the disparity and often lengthy to rectify. The amount of work involved in the process itself makes it more expensive and requires more supervision. An integrated, seamless system could improve all of this, and consequently, attain what others are unable to and that is a commoditization of the real property market.

The words "transaction coordination," "transaction facilitation," and "transaction integration" were coined as a means to streamline and to bring this process into one. It was a flims attempt to get some form or control on the processes. Working to gain an edge the players offer partial solutions toward an industry standard. These solutions are often tied to their unique software architecture using http://elliottjwni384.almoheet-travel.com/this-week-s-top-stories-a... bridges which allow their agents and customers to join. They're not universal and don't cover an adequate cross-section of the market, and they don't provide a satisfactory global solution.

Homebuilders focus on competing against other home builders Realtors compete with other brokers; mortgage lenders compete with other mortgage lending institutions and the competition is intense among the title and escrow providers. If one participant comes with a solution that enhances the process then they'd probably want that it be considered proprietary. They would not want competitors to adopt it, and would not provide a solution.

Fannie, Freddie, Ginny, HUD and any governmental entity has a different mission. Concept age visionaries will be the person who combines all the elements that can provide an international solution and , in doing it, the ownership of the thread and commoditization of real property can be achieved. The ideal platform will benefit all participants. The goal is to ease the process so where its use is effortless, almost like a viral phenomenon. If you don't use it, you're not using it. Soft Sell has the concept of vision and expertise to build this platform.

If you have an experienced development company the platform and solution will be brought to market in real time. As the real-estate and financial markets go through a sustained recovery, Soft Sells solution would be available to create the basis for revolutionary change. As a side note, Fannie, Freddie and virtually all banks have the option of having a portfolio of short-sales and foreclosures that will continue to increase. There will be some time before these assets are recycled. Soft Sell would be an ideal solution for managing these assets as they are recycled through the process.

You've chosen to follow a idea and start selling real estate. As you're starting out it can be difficult to feel slightly confused. To ease this feeling by taking a moment to write down some goals - long in the long run and for the short term, both. There may be the daily goals you've set yourself.

If you are already in real estate, commence your goal-setting process by looking at your current position. Estimate your revenue per property by comparing your sales over the last year. Any further time will make your results less accurate due to the fact that the market was in a slump.

Determine how much money you'd like to earn from your sales. Do you plan to go on vacations and travel? Are you saving money for college for your children? Do you wish to retire early? Or maybe you're just trying to earn money. Whatever the reason you should let it be your guide.

You'll want to assess your income goal to your actual income per property you calculated. If they're close, your goal-setting session is about improving what you do. If you are far apart, or you are just starting your strategy will be more specific. You'll have to establish your market, finding your clients, and then the calculation of your commission rate.

If you're struggling to earn enough then you should consider selling more houses, or higher priced homes. When you've mastered the pricey homes You can list less homes and still earn a significant income.

Particularly if you're brand-new on the scene, you will want to know both strengths and weaknesses. It could be because of your personality or you're in need of upgrading your technology. Perhaps your marketing strategy needs updating. Also, you may want to go out and participate in some networking at community gatherings. Don't forget that not every contact will result in a sale.

There are plenty of books out there on how to find your strengths and exploit them to your highest advantage. It's helpful to go back to them , and to do a review every now and then. While we are living our lives the focus of our attention shifts so learning to adapt and adapt to the changing environment allows us to be more effective.

Be sure to keep track with your plan frequently to see how you're progressing. Don't be afraid to make modifications in your strategy. The market might change or you could acquire the services of a business partner. These could fundamentally alter your business strategy. It is possible that you feel that you're cruising, and it's time to create new goals and raise the bar.

You did write down your goals, didn't? It will make the review process much more easy to pull off the goals page and review it. Goals aren't a time capsule, meant to be developed and kept for 30 years. Goals are a living thing. They should also be constructed on factors that you have control over. Setting goals based on a projection that employment figures might suddenly rise could cause you to be frustrated.

Whatever your position in the world of real estate - a rookie or a old-fashioned veteran, you could benefit by a goal-setting session. Be patient and do this for yourself, you'll be grateful for it.