Jim Randel's (jimrandel) Blog

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Real Estate Agent - RAND Media Co
RECENT BLOG POSTS
Whether you're getting a credit card, a loan or a mortgage, you need to understand several general points about borrowing money.Don't sign anything until you answer these 10 questions:1. How much is the loan?Seems silly, I know, but make sure you understand exactly how much you owe. For credit ca...
08/23/2010
  Whether it's a credit card, a car loan, or a mortgage, every advice monger gives the same worthless advice: "Be sure to read the fine print."This is a dumb suggestion. Unless you're a law professor - or have nothing else to do for the rest of your life - the fine print will always win. In fact...
08/20/2010
  I've done real estate transactions for 25 years - as an attorney, broker and principal. And there is one negotiating mistake that I have seen over and over: People negotiating with the wrong party.A common negotiation is between the seller and buyer of a house. The seller wants to sell his hou...
08/18/2010
  Like many other baby boomers, I dreamed of getting rich - and quickly. Growing up when real estate investing was the thing, I read every book by every guru I could get my hands on. I subscribed to their newsletters. (I would have bought CDs and DVDs but they weren’t popular yet.) I figured it ...
08/13/2010
  Most of us think vertically. As if climbing a ladder, we jump from A to B, then B to C, and so on. Each step is within reach and connects to the next one. But creative thinking isn't vertical. Experts use the phrase "lateral thinking" to describe provocative, disruptive thinking. To extend the...
08/03/2010
  1. What asking price do you recommend?Some agents will "buy" a listing by suggesting an inflated asking price. We all want to hear great news, and often a seller will select the listing agent with the highest recommended sales price.Bad decision. An overpriced house will not only sit, it will ...
07/27/2010
Ok, so you finally decide to flex your entrepreneurial muscles, and - lo and behold - you invent a better mousetrap.It vaporizes mice – no muss, no fuss. No cheese needed, no snappy sounds - nothing. Any mice in your house simply cease to exist."I'm going to be so rich," you say. "HOORAY!"Unfort...
07/15/2010
"Oh! What a tangled web we weaveWhen first we practice to deceive."- Sir Walter Scott   Some people think they’re so smart. As if their trickery and manipulation will never catch up them. Eventually, though, these people always end up caught in their own web of lies.Here are four reasons why hone...
07/12/2010
  About ten years ago, a buddy calls to ask if I had ever played badminton."Yes, about twenty years ago," I replied."Perfect," he said. "Can you meet at the Y tomorrow at noon for a doubles game?"Next day, I'm staring at Paul Newman across the net. He and my buddy played doubles every week, but ...
07/06/2010
Do you ever feel you've got something important to say, but no one is listening?Have you written a book, a poem or a screenplay that no one has read? Have you painted or sculpted or composed, but so far you've only been able to impress your closest friends and family?The longer this goes on, the ...
06/23/2010
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