Tag: money

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Another No Income Verification Loan Closed

REAL ESTATE NEWS (Los Angeles, CA) — Congrats to Don Maher for closing another No Income / No Employment verification loan for a retired couple buying a 2nd home. They had good income, but in the form of non-retirement investments that they could not use to qualify. This loan program now makes up about 50% of Don’s pipeline. Today, it’s a must for every home buyer, seller and investor to be aware of and successfully take advantage of this type of home loan situation.

Good credit with a good down payment/reserves is all that is needed. That’s it. It’s perfect for: the self employed, retired, seasonal workers, real estate investors, and owners of cash businesses.

FICO scores start at 640 with a 35% down payment. Borrowers with 740+ scores can buy with only 20% down. Loan amounts to $3 million and it can close quick. Call with any questions. It’s quick to have Don price out a scenario. Cash out refinances are available as well.

Get a free report on no income verification loans for lofts, condos or houses. Fill out the online form.

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No Income Loft Loans — Get the free report.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

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Real Estate Agent Salary

How much money do they make? For Realtors® and those considering a career as a licensed real estate professional, here are some vital facts about salary and the work involved, along with pros and cons of the industry. While it’s true that selling an average Los Angeles home sale often makes the agent around $25,000 per transaction, that commission comes at a price.

The average real estate agent only completes between 0 and 2 transactions per year. That does not add up to a lot of money overall for most agents, especially after they spend about $5,000 to $10,000 per year on education, training, coaching, license, professional fees, dues, broker fees, insurance, legal services, professional clothes, car, gas, parking and advertising. Many top agents spend more than $10,000 per year just on advertising and other marketing expenses.

One of the biggest opportunities for real estate agents in 2022 can be discovered in organic reach through booming social media. Free customers from TikTok are ripe for the taking, so take advantage of it. The winning strategy: Produce lots and lots of different content, and then double down on what works the best for attracting real estate clients, according to online marketing maven Gary Vaynerchuk.

Please keep in mind that the best real estate clients often take 18 months to 3 years of marketing attention, helpful assistance, regular communication and nurturing of relationships in order to develop, harvest and repeat to maximum profitability.

Some of the attractive aspects to real estate careers include: more autonomy, self determination and no traditional boss, flexible hours, no limit on income potential. Many real estate agents, however, find that they must work almost non-stop to make enough money and to keep transactions from falling apart. Other agents, especially commercial agents, tend to stick to 9-5 mon-fri or less — bankers hours. | Leads-provided Los Angeles Real Estate Career

Real estate agents: Find out who is most likely to sell! Get a detailed list of the top 10 real estate client lead sources in the Loft Blog Premium article, including For Sale By Owners, Expired Listings, Divorcees, Absentee Owners, Death Notices, Empty Nesters and more. Los Angeles real estate professionals can get free access to Loft Blog Premium articles by paying for a business or professional listings in the Entar Downtown Los Angeles Business Directory. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.