Helpful Tips For Passing The North Carolina Real Estate Exam The First Time

Passing your North Carolina real estate exam the first time is the best way. It costs sixty one dollars to take it again. Spend that money somewhere else besides at the exam site.

The first thing you need to do is study. Study a lot. Study in the morning. Study at night. Put your family on notice that you will be busy studying until the exam. Turn the television off. Turn Facebook off. Turn the video games off. Turn the study lamp on.

Make flash cards. Flash cards are an easy way to study. Take a three by five card and write a question on one side of the card. Write the answer on the back of the card. Write a question like,” How many members are on the North Carolina Real Estate Commission?”. Write “nine” on the back. Make about five hundred of these flash cards. Use the questions in the back of your chapters in your textbook to find questions. Look in the glossary of your textbook for questions. Many of the questions on the North Carolina real estate exam are testing your vocabulary. Look in the glossary. Find a word like appurtenant. Write on the front of the card,” What do we call something that adds value to a parcel of real estate in an auxiliary way?”. Write “appurtenant” on the back. Making the flash cards is half of the learning process. The real value of flash cards is how easy they are to use. You can use them in the car while you are sitting at a red light. You can use them during the TV commercials. You can use them almost constantly. Make yourself some flashcards.

If you go to You Tube there are several videos posted to help you do the math that is on the North Carolina real estate exam. The math is fifteen per cent of the North Carolina exam. Many North Carolina real estate instructors teach the math too fast. Many instructors assume that you know basic math. That is cool if you do. If you find the math difficult, watching a video is a great way to learn. You can watch it once or twice or three times. You do not have to raise your hand. Embarrass yourself. Let everyone in the room know that you don’t understand. You just hit replay. It is very difficult to pass the North Carolina real estate exam if you miss most of the math. Also, you have to balance a R.E.S.P.A closing statement. Take the time to watch the North Carolina real estate math videos on You Tube.

Get together with your classmates to study. This can be fun. It also forces you to study. If you meet three of your friends at the library, you are forced to study. If you had stayed home alone, you may have watched TV or some other goof off activity. Ask each other questions. Explain concepts like joint tenancy to each other. Studying together is a good thing.

Read the textbook. Many students do not read the textbook. I suggest that you read the textbook before you go to class. If you prefer, read the textbook after the instructor goes over the material. Read the material sometime.

Speaking of real estate instructors, you may be lucky enough to have an instructor that is knowledgeable, fun, witty, and charismatic. If not, make the best of a bad situation. Pay attention in class. Do not daydream. Look at the instructor while he is talking. Ask questions if you don’t understand. If you are reluctant to ask questions in class, write your question down and give it to the teacher during the break. Please do not skip class. You have paid your tuition. You did not pay to be entertained. You paid to learn what is on the North Carolina real estate exam.

When you think you are ready for the North Carolina real estate exam, take a practice test online. Taking a practice test has several advantages. The obvious advantage is you knowing how you are doing. Many times students think they are ready. They take the practice test and score a sixty. Think again. Another advantage of taking a good practice test is that you learn, at least, one hundred concepts. You either confirm that you knew these concepts already by getting those questions right or you learn something that you did not know when you grade your paper. The most important thing that you learn by taking a practice test is whether or not you need to study more.

Do not worry about over studying. This will not happen. I have heard many stories about people barely failing. They made a 74%. That has to feel awful. In North Carolina if you pass the exam, you do not get a grade. Did you make a 75% or 99%? Who cares? You passed. You are finished studying for the North Carolina real estate exam.

Property Management For Northern Virginia Real Estate – 10 Tips

Below are ten critical tips garnered from a property management company with over 15 years of experience in the Northern Virginia apartment leasing market. Of course, entire books have been written on the subject of property management, so think of the below as the start of your education as a property manager.

1) Research comparable rent prices. It is very important to do your due diligence when it comes to what price you’re going to advertise your property for. Price it too low and you’re going to lose out on extra rental income, too high and you might never schedule a showing of the property. Rent price is dependent on a number of factors including, the economy, whether people are buying versus renting, if local companies are hiring and moving people to the area, what current comparable listings you are competing with, and what prices have been obtained recently. For a list of comparable rent prices and average days on market it’s best to consult a local Realtor. In Northern Virginia be sure to research comps from NVAR’s metropolitan regional information system.

2) Clean and prep your rental property. First impressions can mean everything. If your rental property does not show well this can be devastating. You can be in the best area, across from a metro station, and with tons of companies hiring just around the corner, but if the walls are marked with crayon and you can’t pinpoint that certain smell (the not good one) then you’re likely not going to find a tenant. A reliable cleaning company in Northern Virginia is Maid Perfect.

3) List the property on the local MLS. The Multiple Listing Service (MLS) in many areas is going to be a solid source of leads for potential tenants. Real estate agents can list your property on the MLS and then the property is exposed to thousands of other agents who can show the property and find tenants for your unit. In Northern Virginia make sure your property is listed on MRIS.

4) Post your property on free listing websites. 70% or more potential tenants start their search for a rental on the internet. That being said, you want your listing to be posted on as many sites as possible. There are too many to list in this article, but a few Google searches will lead you to a ton of websites willing to host your listing and contact information free of charge. Use these sites to actively market your rental property. In Northern Virginia one of the key sites to be listed on is the Washington DC section of Craigslist.

5) Market your rental unit to local companies. One of the main reasons that people move is for a new job. Companies that are actively hiring are typically the largest source of new tenants in a given metropolitan area. Make best efforts to get in touch with the relocation departments of local companies so that they can actively source new hires to you. These new hires NEED to find a place to live and will be the best source for tenants that are ready to make a decision. In Northern VA, you can find a list of the largest businesses in your area by visiting Fairfax County’s government website.

6) Shoot a short video of the rental property. Pictures are nice, but video is better, especially when dealing with potential tenants that are relocating and can not see the property in person. You can use the video to qualify potential tenants for showings. Simply host the video on your favorite free video sharing site (YouTube, alo video, etc… ) and then point the potential tenant to the video to make sure they are interested in your unit. If they have further interest after the video showing, it might be worth setting up a showing in person. The average tenant looks at over 6 properties before they make a decision, so shooting this video can save you quite a bit of time when dealing with potential tenants that just want to take a look, but are not ready to make a decision. In Northern Virginia you will want to post your video to Fairfax TV.

7) Run a thorough credit check on the tenant. If we lived in a perfect world, everyone would pay their rent on time and there would be no evictions. The problem is we don’t live in a utopia. Have you tenant fill out a rental application which gives you permission to run a credit check on them. Make sure that you follow the latest FCRA (Fair Credit Reporting Act) rules and regulations and get a FICO score for the potential tenant. This score will give you a good idea of whether the tenant is going to pay the rent on time, late, or not at all. A bad score usually means a tenant that will give you problems. It’s better to leave the place vacant than take the risk. In Northern Virginia the you should provide the tenant with the FCRA rules and regulations after running their credit. Legalities are often state specific. Please consult your state’s landlord tenant act before running credit or other background checks on potential tenants.

8) Obtain a rock solid lease agreement. The lease dictates the relationship between the landlord and tenant. You want to obtain a fair lease agreement that protects you as the landlord. If things go well with the tenant, then you will probably never look at the lease again, however, at the first sign of trouble, this piece of paper is all you have to get you out of a bad situation. It may be worth having a leasing specialist or Realtor draft the lease for you, a lawyer might be too expensive, unless you have multiple properties and can reuse the same agreement. In Northern Virginia you’ll want to contact NVAR to obtain a rock solid lease.

9) Find a good contractor. When the plumbing goes out, or the HVAC does not work, who are you going to call? If you’re an expert in these areas then you have nothing to worry about… most of us aren’t. It’s a good idea to get to know an honest, reliable and timely plumber, electrician and general contractor. Timeliness is of supreme importance. Make sure to develop a good enough relationship with your contractor such that they take care of your tenants in a timely and professional manner. If the contractor isn’t contentious, it will hurt the relationship with your tenant. In Northern VA you can obtain a good list of contractors by going to the Washington DC section of ServiceMagic.

10) Consider using a Realtor, property manager or leasing specialist. Hiring the right help can make your life a lot easier. These folks will do all of the above and more for you. However, be sure to do your research. Not all property managers are created equal. Use someone local who has expertise in your community.

Tips to Choose the Best House Moving Company

Do you need to move to your new house? If so, you may want to hire the services of the best house moving company. The reason is that moving a house can be a stressful process, especially for beginners. If you have a lot of things or items to move, it is better to hire a removal company. Follow the given tips to choose the right company.

1. Get Recommendations and Other Information

First of all, you can check out the internet and newspapers to find out as much information as you can about different movers. You can also ask your friends, family, and relatives for recommendations.

2. Validated the Information

Find out if the company has a valid website address, official phone number, email address and office address. Apart from this, make sure that the company has years of experience in this field. Ideally, you may want to hire a provider that has at least 5 years of experience in this industry. Hiring an inexperienced mover is not a good idea. It’s even better to hire an insured service provider.

3. Ask for a Price Quote

One of the main reasons for hiring a moving company is to get the job done as soon as possible. It will take you several days to move your stuff to your new house. On the other hand, your moving company can get the job done in a couple of hours.

Actually, many movers use special vans and trucks in order to transport your belongings. All of your stuff will be transferred to your new house within 24 hours.

4. Guide Them

Typically, moving companies visit your house to inspect the items you want to move. Also, this is important for the company to give you an estimated cost of the removal service.

5. Check the Lists

Make sure to check the item names, descriptions and the bid price. All the items should be included on the list of items to be moved. If you find something inappropriate, inform the moving company and request for a new quote.

6. Compare Price Offers

Once you have got quotes from different providers, make sure to compare the quotes to find the best deal. It is a good idea to choose a moving company that can provide services within your budget limit.

7. Choose a Reliable Service

Make sure that the service provider is trusted and reliable. Plus, they should be willing to perform the job based on your budget. By keeping in mind the recommendations from your friends and family, you can use the right service.

8. Give Direction

It is better to guide the moving service. In other words, you may want to describe your house to them. Similarly, you can help the team members place each item in the right place in your new house.

So, you can use these tips if you want to hire the services of the best moving company. Hopefully, you can hire the right service with the help of these tips.

Expired Listing Letter and Real Estate Marketing Tips

The expired listing letter is a valuable asset for real estate marketing plans. Expired realty listings refer to contracts that have expired between homeowners and their agent. Realtor contracts generally last between six and twelve months. If the listed property is not sold during the contract period, sellers can enter into a new listing agreement with their current realtor, hire a new agent, list the property as for sale by owner, or take the home off the market.

Investors use the expired listing letter to solicit business from the seller by offering to buy their home or help them sell it. In order to find expired property listings, investors must subscribe to the Multiple Listing Service (MLS) database; a service that provides lists of nationwide properties for sale to realtors.

Investors who have never used expired listing letters can easily locate sample templates online. Investors will need to adapt marketing letters to suit sellers’ circumstances. A good place to learn and share expired listing marketing ideas is by participating in real estate forums or networking groups.

In addition to using expired listing letters, investors will need to develop a marketing plan and follow-up strategies. Most investors incorporate multiple marketing tools such as postcard marketing, direct mail, referral marketing, realtor flyers or brochures, and cold calling.

The expired listing letter is generally used to solicit sellers, but some investors use these letters to solicit realtors. Working directly with real estate agents can be a profitable niche for investors willing to develop close working relationships. Realtors do the majority of legwork while investors earn profit by closing the deal.

Investors who are unfamiliar with marketing strategies should consider hiring a marketing specialist and copywriter to create expired listing letters and brochures. Real estate investors often use a variety of prospecting tools.

They might start with an introduction letter, followed by a postcard and a phone call. Or they might start with a phone call and send a folder filled with a marketing letter, client testimonials, and a list of successful real estate closings. Regardless of the marketing strategy, the primary goal is to locate motivated sellers, purchase properties below market value, and earn profit on each expired listing transaction.

In today’s competitive market investors must stay on top of changing trends and create marketing campaigns that make them stand out from the crowd. Sellers often receive dozens of expired listing letters once their real estate contract expires. This is where creating unique marketing strategies can really pay off.

Private investors who dedicate their time to locating expired real estate listings often work with sellers that are frustrated their home did not sell during the listing period. The last thing these people want to hear is empty promises. They want to sell their property. Investors who focus on solving this problem can earn the seller’s business by focusing on their needs and explaining how they can help sellers accomplish their goals.

Real estate investing is a competitive industry. In order to become successful in this arena, investors must be committed to finding solutions for sellers. This can be accomplished by building a strong network of realty experts, developing a strong marketing plan, and utilizing strategies that will attract motivated buyers and quickly close real estate deals.