Ethics in Real Estate Investing iArticleBeach.com - Free Articles for Reprint. Add great content to your web site today

Home | About Us | Contact Us





Forgot Password? New User?

	Poetry
	Business
	Music
	Humor
	Arts & Entertainment
	Movies
	Destinations
	Women Issues
	Home Improvement
	Dating
	Real Estate
	SEO
	Health & Fitness
	Investing
	Home Based Business

View all Categories

Welcome to iArticleBeach.com - Free Articles for Reprint. Add great content to your web site today!

Articles » Finance » Investing >> View Article

Ethics in Real Estate Investing

By: Marcell Corkern

Investors have a bad reputation of taking advantage of people in distress to better them. But it is people who get themselves into such situations and investors are there to offer a solution, which benefits them both.
But there are always some rotten eggs in the basket too, as in every other industry. There are investors who try to take advantage of each other out of deals. Certain ethics need to be followed in real estate industry. We have to work together as a team to keep the industry on the upward trend, and when we hear about an investor who cuts people out of deals, we need to pass the word to everyone we know.

When you are trying to sell a property, you would call every investor you know to do a drive-by. Many investors also send their people to the property. In case of a sign in the scheduled property, the investors who were sent by others can call you directly. You should ask them how they heard about the property. If you know they were sent by another investor, tell them they have to call the investor who sent them, and don't cut the investor out of the deal.
The other side is, you are sent to a property by an investor, which does not belong to him. It is a very good deal, and you would not have had any other way to know that this property exists, other than the investor. In such case, you should not decide to call the person directly and cut the investor.
In case of such undercutting of deals, the concerned people should be banned from the real estate investors associations, which would earn them a very bad reputation and cause them to lose many more deals because of greed.

If your client is sent to one of the other investor’s properties, and if they like it, you can sell it to them and earn your fee from the other investor. If another investor gives you a referral, you should pay for it. When people call you with a property address that they don't know how what to do with and you make it a deal, pay them for the referral.

If you are uncertain about doing business with a new person, call your group associations and see if they are willing to share with you what they know about the person, and keep watching!
--
Marcell Corkern is a writer and active Real Estate Investor and specializes in investments of residential real estate and residential mortgages. you can visit his website at http://www.encoremortgagetexas.com

Total Views : 382 Word Count Appx. : 435

See All articles From Author

Wed, 08 Feb 2012 00:54:11 GMT Chairman, 3 others out in Yahoo board shake-up (AP)

AP - Yahoo Chairman Roy Bostock and three longtime board members are stepping down, submitting to the demands of many frustrated shareholders who blame them for contributing to the follies that have dragged down the Internet company's revenue and stock price.

Tue, 07 Feb 2012 23:58:47 GMT Disney 1Q revenue misses estimates but profits up (AP)

AP - The Walt Disney Co. said Tuesday that its net income rose 12 percent in the final quarter of 2011, as a slimmer movie slate and upbeat theme park results helped the company top earnings forecasts even while revenue gains were less than expected.

Wed, 08 Feb 2012 00:01:25 GMT 2.1 million viewers live stream Super Bowl online (AP)
AP - The first live stream of the Super Bowl drew 2.1 million unique viewers, NBC said Thursday.

Wed, 08 Feb 2012 02:49:44 GMT Just Show Me: 3 great and free cooking apps for the iPhone (Yahoo! News)
Yahoo! News - Welcome toÂ Just Show Me onÂ Tecca TV, where we show you tips and tricks for getting the most out of theÂ gadgets in your life. In today's episode we'll show three greatÂ cooking apps for theÂ iPhone. BigOven Epicurious Serving Sizer Take a look …

Wed, 08 Feb 2012 02:39:36 GMT Transparent Screen app saves you from bodily injury while texting (Yahoo! News)
Yahoo! News - Fond ofÂ texting while walking? Unless you're extremely nimble, you may have bumped into people, objects, or even stumbled. In extreme cases, you may have even bruised yourself or broken a few things. But if you have anÂ Android device, you can …

Tue, 31 Jan 2012 23:45:44 GMT NASA Launches Facebook Game to Test Space Program Knowledge (Mashable)
Mashable - How much do you know about the NASA space program, Earthling?

Wed, 08 Feb 2012 05:37:34 GMT Analysis: More than just Great Firewall awaits Facebook in China (Reuters)
Reuters - When it comes to China, Facebook should consider itself forewarned. Cracking the world's biggest internet population might seem an obvious ambition for the social networking giant as it trumpets its global growth before a $5 billion initial public offering, but the chances it will succeed look slim.

Wed, 08 Feb 2012 01:23:46 GMT Yahoo chairman exits, review drags on (Reuters)

Reuters - Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.

Wed, 08 Feb 2012 00:26:41 GMT Social Gaming Apps for Android -- Steam, Xbox Live and More (ContributorNetwork)
ContributorNetwork - For many people, gaming is no longer a solitary experience where you buy a game and bring it back home and play it -- not even on Android-powered smartphones and tablets. Because it's not just that people are buying games from the Android Market, or Gameloft's store, or other online marketplaces. They're making friends, playing online, and earning trophies and achievements through gameplay that their friends can then see on their profiles.

Tue, 07 Feb 2012 22:50:41 GMT Google Android Mascot Merchandise -- Own Your Own Tiny Robot (ContributorNetwork)
ContributorNetwork - COMMENTARY | Say what you will about the relative merits of Android smartphones vs. the iPhone, but the Android mascot wins against the iPhone's hands-down. This is largely because the iPhone doesn't have a mascot, but that's not the point. The point is that the cute little green robot seen all over Android phone commercials (and depicted in Google branding) can be yours, and can sit on your desk or even do useful things for you. And yes, he comes in more colors than just green.

Wed, 08 Feb 2012 01:31:45 GMT CalSTRS wants Facebook board to expand, add women (Reuters)

Reuters - The California State Teachers' Retirement System, the second-largest largest pension fund in the United States, wants Facebook Inc to expand its board of directors and diversify a panel that has no women.

Tue, 07 Feb 2012 23:35:39 GMT Halliburton to abandon BlackBerry, turn to iPhone (Reuters)
Reuters - Oil field services company Halliburton plans to stop issuing BlackBerry smartphones to employees and switch over to Apple's iPhone, which it said was better suited to its needs, marking another setback for Research In Motion.

Tue, 07 Feb 2012 23:13:00 GMT Path iPhone app shown to be uploading iOS address books to its servers (Appolicious)
Appolicious - One of the most popular social networking apps available for iOS and Android devices is in a bit of hot water.

Tue, 07 Feb 2012 20:50:06 GMT Summary Box: Jobs flow from mobile, Facebook apps (AP)
AP - CAREER OPPORTUNITY: All those apps being made for smartphones, computer tablets and Facebook's online social network are helping the U.S. economy lower its unemployment rate. A study released Tuesday by the technology trade group TechNet estimates apps are responsible for creating about 466,000 U.S. jobs since 2007.

Tue, 07 Feb 2012 22:51:02 GMT Amazon, Viacom close to Web video deal (Reuters)
Reuters - Amazon.com Inc is about to announce a Web video deal with Viacom Inc in what sources said was one of the last steps in a plan to launch a standalone subscription service to compete with Netflix Inc.

Tue, 07 Feb 2012 22:00:00 GMT Don’t stress tax time with these helpful iPhone apps (Appolicious)
Appolicious - It’s tax time! What, it isn’t a happy time for you? Well maybe you should spend more time prepping throughout the year with your iPhone apps so you don’t get so stressed out come the beginning of next year. Tax time shouldn’t be stressful, it should be routine. Here are some helpful tax apps to get you started on a road to financial stability.

Tue, 07 Feb 2012 22:53:55 GMT RIM tells European developers it's "ready to compete" (Reuters)

Reuters - Next-generation software for BlackBerry's smartphones is "ready to compete", Research In Motion's new chief executive, Thorsten Heins, told more than 2,000 technical developers on Tuesday, expressing confidence in RIM's long-term future.

Mon, 06 Feb 2012 23:21:16 GMT Cisco seen reporting solid second quarter (Reuters)
Reuters - A year after network equipment maker Cisco Systems Inc unnerved investors with yet another weak quarterly outlook the company looks set to report a stable quarter buoyed in part by improving enterprise demand in the United States.

© 2006 - Present - iArticleBeach.com - Free Articles for Reprint. Add great content to your web site today. All Rights Reserved. Use of our service is protected by our Privacy Policy and Terms of Service