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A good broker should provide you with information...
Posted on 2010-Feb-10 at 06:36
A good broker should provide you with information as well as take the time to educate youI have several brokers who are willing to do that for meSome taught me when I had little or no money, and I am still with them today
What I pay a broker is tiny in comparison with what kind of money I can make because of the information they provide I love it when my real estate broker or stockbroker makes a lot of money Because it usually means I made a lot of money
A good broker saves me time in addition to making me money-as when I bought the piece of vacant land for $9,000 and sold it immediately for over $25,000, so I could buy my Porsche quicker
A broker is your eyes and ears to the marketThey're there every day so I do not have to beI'd rather play golf
Also, people who sell their house on their own must tiffany jewelry wholesale not value their time muchWhy would I want to save a few bucks when I could use that time to make more money or spend it with those I love? What I find funny is that so many poor and middle class people insist on tipping restaurant help 15 to 20 percent even for bad service and complain about paying a broker 3 to 7 percentThey enjoy tipping people in the
expense column and stiffing people in the asset columnThat is not financially intelligent
All brokers are not created equalUnfortunately, most brokers are only salespeopleI would say the real estate salespeople are the worst
They sell, but they themselves own little or no real estateThere is a tremendous difference between a broker who sells houses and a broker who sells investmentsAnd that is true for stock, bond, mutual fund and insurance brokers fake louis vuitton handbags who call themselves financial plannersAs in the fairy tale, you kiss a lot of frogs to find one princeJust remember the old saying, "Never ask an encyclopedia salesperson if you need an encyclopedia
When I interview any paid professional, I first find out how much property or stocks they personally own and what percentage they pay in taxesAnd that applies to my tax attorney as well as my accountantI have an accountant who minds her own businessHer profession is accounting, but her business is real estateI used to have an accountant that was a small business accountant, but he had no real estateI switched because we did not love the same business
Find a broker who has your best interests at heart'; spend the time educating you, and they could be the best asset you findJust be fair, and most of them new gucci wallet will be fair to youIf all you can think about is cutting their commissions, then why should they want to be around you? It's just simple logic
As I said earlier, one of the management skills is the management of peopleMany people only manage people they feel smarter than and they have power over, such as subordinates in a work situationMany middle managers remain middle managers, failing to get promoted because they know how to work with people below them, but not with people above themThe real skill is to manage and pay well the people who are smarter than you in some technical areaThat is why companies have a board of directorsYou should have one, tooAnd that is financial intelligenceBE AN "INDIAN GIVER": This is the power of getting something for nothingWhen the first white settlers came to America, louis vuitton damier they were taken aback by a cultural practice some American Indians hadFor example, if a settler was cold, the Indian would give the person a blanketMistaking it for a gift, the settler was often offended when the Indian asked for it back
The Indians also got upset when they realized the settlers did not want to give it backThat is where the term "Indian giver" came fromA simple cultural misunderstanding
In the world of the "asset column," being an Indian giver is vital to wealthThe sophisticated investor's first question is, "How fast do I get my money back?" They also want to know what they get for free, also called a piece of the actionThat is why the ROI, or return of and on investment, is so important
For example, I found a small condominium, a few blocks from where I live, that was in louis cartier foreclosur
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