Ever get tired of endlessly riding in cars with buyers?  Do you ever just feel like you need to be working smarter instead of working harder?  Well maybe you can be.  Partner with me and let’s open a FavoriteAgent.com relocation office together.  Really.  If we do it together, we can both add value and provide what the other can’t, and best of all, we can make a lot of money.

But before we get into all that, let’s think about what a relocation company is at its very core.  It is a company that attracts people who are relocating, engages those clients, and then places them with real estate professionals.  Finally, a

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Anyone who has ever invested in real estate started somewhere, from the 9-5er who owns a second home and rent it out to pay for their gym membership, to the world-famous toupee-wearer Donald Trump himself. Perhaps the most common question asked among potential real estate investors is “how do I get started” and as with most basic questions there is no simple answer.

First you have the old-school, hardcore, Nike motto quoting gunslingers yelling “just do it already!” On the other side you have the analytical, bow-tie wearing scaredy cats cautioning “be careful, you are going to get burned.” So, what is the right way…trial by fire or careful planning? While I lean

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Dont you just love filling your brain with knowledge about the housing market?

I know I sure do, and this weeks installment of Watch-It Wednesday is sure to be the most informative three minutes of your day.

Quicken Loans Chief Economist Bob Walters sat down with our very own Jordan Fylonenko to talk about three very strong reasons  to buy a home in 2012 in another episode of the critically acclaimed Markets and Musings.

Bob explained, there are some unique things happening right now that people should be aware of and take advantage of. One is mortgage interest rates are at 50-year lows.

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We all remember what it was like to ask our parents a million questions about the world we were growing up in. We were curious, wild-eyed and willing to learn. We battered our parents with a barrage of questions because our inquisitive nature begged to be satisfied.

While our childhood years might be behind us, as sales professionals we must remain eager to learn and willing to ask prospects the important, but often times uncomfortable questions.

Asking Strategic Questions

Although we might be more selective in our line of questioning as adults, it is possible that we are not discriminating enough.

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It took a while, but Bank of America announced today that it intends to mail out principal reduction offers to some 200,000 homeowners.

The first letters should be arriving in mailboxes this week, with most mailed by the third quarter of this year.

The principal reduction program is part of the national foreclosure settlement, which was finalized back in February. It called for at least $10 billion to go toward reducing mortgage balances.

The other big banks will need to get on board as well, since that settlement also involved Ally/GMAC, Chase, Citi, and Wells Fargo.

[See the latest mortgage rates from dozens of lenders, updated daily.]

Are You Eligible?

This program isn’t for those with a Fannie Mae, Freddie Mac, FHA, or VA loan. S

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