Mindset is probably the most important trait that leads to success in sales, yet it is the least thought of in regards to importance. The mindset of a professional salesperson is similarly just as important as an engine to an automobile. A car may be beautiful and loaded with amenities. It may have all the bells and whistles but without …
This Is CE Year—What’s That?
CE is an acronym for Continuing Education. You choose the term you want to use for it but don’t forget about it. To a Realtor® CE is of most importance. In Alabama, every licensee that has an active license is required to take a minimum of 15-hour CE during a two year period prior to renewing their real estate license. …
“Caveat Emptor” Buyer Beware
If you understand the title of this blog, chances are you are in a real estate related business. When buying real estate in Alabama the words “Caveat Emptor” is of utmost importance. Let’s take a look at the meaning of the term and how it affects Alabama real estate buyers. Caveat emptor (ˌkæviːɑːt ˈɛmptɔr) is Latin for “Let the buyer …
Managing Risk Saves Realtors
The practice of real estate is a very legalistic business and we take our jobs far too lightly. I think one of the reasons is because we haven’t had a transaction that ended up in litigation. In all my Risk Management CE classes, I use this illustration; “When you driving down the road and you’re speeding, then you look in …
Creating A Business Plan (Part Five)
If you have read the last four blogs on this topic, you are getting tired of digging for information so you could follow the instructions. I know it can be difficult but if we truly manage our business the way we should, we track all this information on a weekly basis. If we don’t keep track of all our expenses …
Online Real Estate Courses by Alabama Real Estate Institute
Sign up for these Online Real Estate Classes now! Just click a box! For more information or help with the online registration, contact: James Anderson 251-979-2530 E-mail James Anderson Alabama Real Estate Institute, LLC PO Box 2115 416 E. Laurel Ave. Foley, Al. 36535 School #88010
Classroom vs. Online Comparison
Hardly a day goes by that I don’t get a phone call or an email concerning some type of Prelicense class. Alabama License Law requires anyone desiring to get license to sell real estate in Alabama, must take a 60-hour Sales Prelicense course. This course can be taken in a typical classroom setting or it may be taken via the …
Are You in Focus?
I’m no whiz at photography but even I can look through a camera lens and tell if an image is in or out of focus. The reason I can tell is because I am forced into seeing only the image through a tiny lens. One eye is closed and the other is looking into the camera lens. When the image …
TRUST / ESCROW ACCOUNTS
Being entrusted with monetary fund’s belonging to a consumer during the selling process of real estate is a huge responsibility that a broker shouldn’t take lightly. According to the Alabama License Law as found in Statute Section §34-27-36 (a) (8) a. which states, “Failing, within a reasonable time, to properly account for or remit money coming into his or her …
Who Am I Representing?
This article is equally interesting to the consumer that is buying or selling real estate as well as the real estate agent. Alabama License Law Section §34-27-36 (a) (7) states, “Acting for more than one party in a transaction without the knowledge and consent in writing of all parties for whom he or she acts.” There are several ways this …