Home Warrant Companies Worth the Money ? Buyers Get your First Year Covered For Free #33

Purchasing a home warranty, though, can help alleviate some of the financial burden new homeowners face when a major appliance or home system goes out. Yes, you’ll pay for a warranty upfront but the savings could be worth the added expense .

Below is A Slide deck of what most Home Warranty Companies provide . This was Taken from my personal choice https://www.choicehomewarranty.com/whats-covered/ . I have it on my properties . This keep me from Have to worry about Hot Water Heater Breaking and Running to get Vendor and coming up with 1,500 cost out of pocket . I us them Being I an investor . If you are not Handy or you just don’t have time . Best of all you don’t want any Surprises . I think this great for ALL Home Owners

I believe in it so much . If you Reach out to me and purchase a Home from my Team I will purchase the Home Warranty Free For one Year Starting December 1,2019 . Please Reach out to my Team at nuno.ribeiro@TeachingRealestate101.com. If you like to take advance of this deal .

Also most Plans Have Discounts for Teachers,Nurse,Police office,Fireflighters and Veterans


Keep in Touch With Your Real Estate Agent and Mortgage lender After The Transaction# 32

As Real Estate Agent , I have word hard in the past to keep in touch with most of my Clients . To be Honest I failed miserably in the last 5 Years I would say . Some of Past Client Have become my close Friends on Facebook we Click that like button on Family Pictures. I want more so this why I writing this Post .

When I was with Redfin I was always working on Translations , I left dont have time to really change up with my clients after the Translation was done .

This hurt me but it also hurt my client . I felt like I had Divorced them someway .

After the transaction there more of need for The Client and Real Estate Agent to stay in touch . For the Real Estate Agent is All Powerful Referral the Client Friend , Family or Co worker . Also The Friendship that Agents and Client will grow into is most important.

For The Client The resource is Update Home Value Reports which Client can Stay on top of what going on in the market . Trends what going on in the market being Real Estate agent are always Reading , Studding and working the Real Estate Market . We have help clients grievance their taxes , informed them about lower interest rate , new Taxes laws that will effect them and help with understand Building permits .

As you can see there is a lot of Value with staying in touch on Both Ends . I think having great friendship in Real Estate Business is one of most rewarding experience.

FYI , One my favorite client called me to tell me they were traveling out of the country for 4 weeks . They wanted to know if ,I had anyone I trust that could pass by Home just check on everything being it was winter . I know my clients they didn’t have any family in the area . So I told I would do it for Free to which They were pleased. I check the house , I think I was more happy that could help them then they think.

I share this story for Buyers and Sellers to know Relationship are two way Street . Don’t let the Real estate agent be only one reaching out .

Your Mortgage Lender can always be someone who can tell you about Refinance ,interest rate and even How to build your Credit higher levels . I know clients who turned their credit score 725 to 798 just from some advice their lender told them after closing .

So today is day 2 of Gratitude challenge. Naturally I am grateful for being a Dad to to my two boys . They make me smile 😃 and laugh . Feel like kid again . Check out the challenge @https://teachingrealestate101.com/…/count-your-gratitude-f…/ if you want to Join in

Count Your Gratitude for a Year Challenge # 31

Each Night I ask my Sons what they grateful for . Some nights It Dogs,Cats , Birds , themselves , Mom and even sometime me . My Sons are 4 and 2 so I love that they come up with something each night . I don’t care what it is I just want them to get a start on being in the Gratitude attitude .

Gratitude Attitude can Change your Mind SET fast . So Being that it November and is the month of Thanks Giving . I want to Challenge myself and anyone who like to Join Me . My Challenge is to be thankful/Gratitude each day for something Different . We are not allowed to repeat what we are thankful for so if you say Today your thankful for Kids you will not be able to Write that as your Thankful for until Next year which start new challenge .

Really think challenge yourself . Have Fun with is . I will be posting my Thankful/Gratitude Statement at the end of each Blog Post . Also Posting the Gratitude on my Business / personal Facebook page. Also Instagram.

Why I doing this . For the past Year I thought deeply about Life . My be it middle life crisis . I would say it more like middle life observation , Any one who know me I always looking to grow because I always believe “if I not Growing as person your Drying as an animal’. I want to grow and look at the good in everything so that my ideas in my Business will Grow to Higher Level .

I also want to broke down my Borders in my mind, life and Soul .Want to show my Sons anything Can happen with Gratitude. This will push me to grow . I hope for everyone to join me . You don’t have post it but write it in a Journey daily and See what it changes in your life after the 365 days challenge .

I would love to hear from the Readers of the Blog to see if they going to do the challenge. If they do let me know if you see changing coming to your life.

If you like to share with us email us at Nuno.Ribeiro@teachingrealestate101.com.

P.S Don’t Repeat your Thankful /Grateful Statement Stay observer for New things

My First Thank you post is for my Wife Carla . She helps me see the miracles each day .

Questions To Ask Your Realtor/Real Estate agent Before Hiring them? #30

This post I think you should Print this out . This Post is going to be a Good one . I must say myself .


Why Did you become a Real Estate Agent /Realtor?

( this question will help get know what drive them )

Why Did you pick the company you work for or if Own Brokerage why did you start it ?

( You get to know what they think is strength of their brokerage )

Why is the one thing all your clients could agree about you if I was to ask them ?

( What is their Value promise to you )

Would you be able to share with me Review from them ?

(Proof that it been done before)

What to you think about Competitor Real estate Brokerage ?

Pick one this question want see if they talk bad . A strong person never talks Bad. ( my opinion)

How many Clients do you work with at given period ?

( they have time fore you this when if you need lot of attention )

How many are working currently ?

(Confirm )

How do you Handle your Volume ?

What is feeling on Open House, Price Drops, Price increases , Direct Mail Facebook and other marketing .

(You want know how they Feel because that you know what they believe )

What do expect from your Clients ?

( So you know what want from you )

Do you have Referrals or recommendations ( mortgage lender,contractors, plumbers,attorney )

( You can also ask the Referrals what they think about the agent )

What is your thoughts about if your Seller ask about the Buyers if your Buyer ask about the Seller ? same For Landlord & Tenant

( you see what they think about People)

What is your Average List To Sell Ratio percentage ?

( This important Because all Great agent Want High list to Sell Ratio if they Represent Sellers and Low list to Sold Ratio if they Represent Buyers) Ask to see it in writing .

What is the last thinks they learned about Real Estate and were did they learn it ?

( this will show if they still learning or they just think they know it all )

What is Hard Deal or Client you Dealt with in the past 3 months ?

( you want see if they learned from issues and hardship )

If there any questions you can think of that I may have over look let me know at nuno.ribeiro@teachingrealestate101.com

Want to Rehab make Money in Real Estate #29

Here is a great amount of wealth being build daily with investing in Real Estate . You Just have Choice How you going to invest.

You can start Flipping properties investor . You most likely see this on HGTV shows like Flip or Flop . They make it look easy with little Drama and Stress but everything works out .

This can be you . Start your Career as a Rehab flipper today . This also what you see Seminars . Were they teach you the Secrets . Were they tell you Buy my Program NOW For 39.99 I will teach you how I made millions . You can bet He just made a million Dollars on the Selling of his program . He most likely also teach you alot also . I am not here to put anyone down . I just want share with Free information

Yes you heard Free information so you can also become a great Rehab investor . So you dont’ know nothing . Were do you Start Going to give a Super RESOURCE http://Biggerpockets.com . Ok now I am done . Good Luck with Rehabs .

Just joking , First Step look for Rehab Real Estate agent . Someone who has worked with Rehab investors before . Also there is agent who do Rehabs for themselves . Let the agent know you interest in beginning your career in Rehab investments . Have you notice All my First steps are always Find an real estate agent . This key for a lot things getting start in Real Estate. It was important to get someone on ground floor of working on the issues daily .

Second Step- Find Contractor. Plumber and electrician . You must trust them . You will need them do the work . Your Rehab Real Estate agent may have referrals us them .

Third Step – Talk to a lender about Construction loans / 203k Loans . Also find Lenders that work with Rehab loans . Understand this loans will be higher interest rates but you will not be hold this property for to long. So really look number as whole Total Costs don’t get held up on small difference in interest rates . I have seen investor lose great Deals because of this focus on small interest margin . Hard lender, Capital Loans and Rehab loans . You will need to find right lender

Four Step – a Profit is a Profit please note this as you learn . You may not make 30%-120% returns on your first deal or even your 4 deal . Its about making profits and Learning to make more money on your next Deal . Each Deal your Team and you do . You will learn to work faster and better organized with each other .

Fifth Step – Looking for right Deal . This will take time don’t be in a rush . Location of the House is the most important part . Look at the Location I cant stress that important . You will need to be able to get ARV . Which in real estate is short for after repair value, or the estimate of a property’s value after all repairs and upgrades are completed . Of the property from your Real Estate Team member . Please note He or She is your Team member . They want you do 100’s of this deals they get wealth with you .

Sixth Step – Upgrade wisely . Stay with with what work with the area and your Target Buyer . You have look at it Building a House to Target the most amount of Buyers . You do need to Repair and Upgrade with quality but not always most expect items . You want the Buyers Raving about your Rehab . This will make you spoken about in Community and seen as great Rehab investor . This will be the GAME CHANGER .I have work with Game Changers and I sadly worked with losers that I want to stay away from .

Seven Step – Instagram. Facebook or YouTube your repairs , upgrades , Tell the story about the house ,the Deal how you got the house , Your Awesome Team . This will attract future Buyers to future projects . Also Show The Buyers That you have Home warranty on the House https://chwpro.com/ ( Choice Home Warranty ) Really look into get this Warranty .

Eight Step – Get a Home inspection by licensed inspector Before Your Repairs and After Your Home Repairs . This will make Buyer feel great about their purchase .

Ninth Step – Close on the House and Work on Finding the next project .

Bonus Secret Source – Not all Rehab need total Rehabs a House that just out Dated Kitchen , Bathroom can be the best house to do a rehab . There is a lot of great Deals out there you don’t have Go after the Bank owned , Foreclosure or short sales . There a lot average houses.

We are always here to help with anything . Email us at nuno.ribeiro@teachingrealestate.com

Third Party Is Power . #28

I have spoke about Third Party representation in the past Post like post . As when you hire an agent you are Hiring someone to representation you in Sell or Purchase of property . This Third Party Representation is what make using an real estate agent stronger then selling the House on your owe .

To explain this Third Party Representation . I had a (Friend) client call me once tell me she was talking to Seller By Owner (FSBO) .

She called me for advice , Most Real Estate agent my not help but I know let me Help because I know 85% of the Time Seller can’t Sell His or Her Own House . They get in their own way . Their emotions are to much tide to the out come of the Sell . This Goes for Buyer too.

So I go give this Client(Buyer ) advice on pricing,comps and how to present her offer . She does it like a professional better then I would . The Seller receive the email and the message to call her back . At which time the Seller Start Yelling at her that she is crazy and doesn’t know what she doing . She doesn’t know nothing . This of course make her turn off and she doesn’t want the property any more . The Seller lost a Buyer . He end up hiring a real estate agent 5 months later sold for 10 ,000 lease then her .

This Buyer was making 6 Figure Salary and was really smart but at that moment Seller yelled she know that she was going to Hire me .

So look at the Third Party representation as your weapon to work for you . They keep all your emotions from the other Side .

Other explain is when you purchase a Car How many time Have you seen the Sales person us the Manager as their Third Party person they can’t lower the price . They say let me check with my Sales Manager if we do that ? They even say their on your side . This the Power of The Third Party representation.

Finding The Student in the Real Estate Industry full of Gurus, Coaches and Specialist . #27

Hello Everyone

Today Post is how you find the best agent . I want to start by Sharing the meaning of each .

Guruan influential teacher or popular expert.

Coachesan instructor or trainer .

Specialist a person who concentrates primarily on a particular subject or activity; a person highly skilled in a specific and restricted field.

Studenta person who takes an interest in a particular subject.

As you can see there is 4 Categories who agents see themselves . There is nothing wrong with ANYONE OF THEM . I want to show you why the Student of the real estate industry is the best of the Categories. You should Hire the agent who see themselves as Student.

You will hear Real estate agent say I am little of all four . This also worst of the categories to try to say you little of everything . So you the master of none

I am a master student , A student is always learning , Reading,listing and changing . If your agent is Student of Real Estate . They will work to see the answers to the issues at hand not think they have all knowing Answers .

Real Estate industry is always changing because it influence the most important of Humans needs Shelter .

The Student look at this with Clear, Humbling eyes . They understand they don’t have the answer to everything but they will find who can help with each part of the process. They Listen to their clients and people around them . Really listing to the clients . What does the client need ? What the Client want? What is the easiest way to get everything for clients happiness.

I have watch agent be so into themselves they lose the deal and they lost not even know what clients want ? I always laugh at agent Statement of “I been in the Real estate business for 25 years I never ______ had this” . My answer is Real estate always changing this were you need to have Open Mind like a Student .

A Student agent start their day with wonder , They look for answer to questions daily .

One of the issues that come up with Sellers a lot the house hasn’t sold and it been on the market for more then average Days then other house in the Area . A Student would Come up with many ways Seller can maybe get there house Sold . Guru , Coaches and Specialist will say let Drop the price . I have heard that some many time in this Real Estate industry it makes me Sick .

Seller Should Really Test the Real Estate agents when it comes to Drop the Price . Agent if they see themselves Student they will have more then just Drop the price .

Real Estate agent isn’t Holly Gail of All knowing . This way the Student mind set is the most Strongest mind set with Dealing Day to Day Business in Real Estate .

Questions to ask your Agents .

How do they see themselves in this Real Estate industry ?

If they Read or Take Course ? What the last thing they learned ?

How are they applying that knowledge daily business ?

Do you thing Years of experience is important? What is the Good thing about working with Rookie/Newbie?

What they last time they had to disagree with Client ? What happened ?

Have a great day let me know need any help We are Here at nuno.ribeiro@TeachingRealEstate101.com . If you want to know more about Student Mind Set


The Power of Emotion Drives Influence : Love Negotiation at it Highest Emotion #26

Hello Everyone

Today Post is Follow up Article to #19 post . So if your following my post you would have Read about the Source of the Negotiation I use . Love the Strongest Emotion , I came to found out it was greatest Tool to us in negotiations.

How do you use Love to win a House? or How Do you use Love to get a the House Sold ? You maybe asking . There is Great Books out there on the Art of Negotiations Like

Never Split the Difference
Great Book
Getting to Yes

So If you like to read them here is the links above . This two books are great will help you become great art negotiations. At this point you maybe asking why is he telling about other Negotiations methods . He still hasn’t told us about his Method . I want to start by saying for may years I have question myself about this Method because to simple . I have read so many books with C.I.A , F.B.I agents , Billionaires and Unbelievable business Man/Women . I have been told by some many people They are the best but not one use this Method . It made me always Second Guess my Method .

I been lucky/blessed to have help around 235 people in their purchase or sell of their asset in my 14 years . This ok career there Real Estate agents out there , that are in the 1,000’s . So I say truly who am I to say my Method is a great Method of Negotiations . As you recall in Blog Post #19 . I want to be a different kind of Real Estate agent . I want impact everyone in the transaction ; want to stand out as one of the best in the Real Estate industry in Hudson Valley Area

So the Method is Extremely Simple so it will make you second Guess it power . If I did when invented and start to use it . I said it cant be that simple smart people are out there not using this how can I found this to be so easy .


Let look How may brains do you think you have ?

Brain One is Reptile Brian this like were you get , Do I eat it , Have sex with it , Do I trust it . This Basic most animistic Brian .

Brain Two is your Emotional Brain this were your Emotions /Feels are add in

Brain Three is your Thinking Brain this were you put all the reasoning /logic together

At this stage you maybe saying’ wow wait a minute’ . You said this simple and you start talking about Brian . Surprisingly I only found out how Method work on the brain much later . It took me around 10 books, You tube videos and Udemy Course to understand what I found/invented Method How affect The clients/agents/attorney IN The Reptile Brain . The most primitive but most powerful part of the Brain.

The method of Negotiating with Love goes right the Reptile Brain and move the Client/agent forward to get what they want . Sometimes its not that House or not that Buyer for the House .

Method Start with You need to really Love Yourself . You really need to make sure you do . Ask yourself what make you Happy ? Do you talk about yourself in positive way?Do you Believe in yourself ? Do you take time to make sure your need and wants are met? When a person says who do you love does yourself come into the picture of your mind ?

Reflect on this questions think about them deeply because with out the answers the Method of Love (The Power of Emotion Drives Influence) will not work at 100% Power .

In my future Blogs Article I will Share with you the list of Each Step in Working the (The Power of Emotion Drives Influence ) by Love . I do this step by step basics Blogging because I know to much in one article . I will would only have one person read it . That isn’t not my Goal .

This Powerful Method , Will change your mind set, make you unbelievable Real Estate agent , Sales person in any industry , Life and any were you communicate with people .

Great book about loving yourself

What Kind of Showing Was It? #25

Types of Showings.png

One of the most frequent calls from homeowners to their agents is about the listing’s inactivity due to the lack of showings.  The homeowner commonly believes that the home is shown only when a buyer walks through the house with an agent.

Today’s buyers are more sophisticated than in the past due to the abundance of information available to the public on the Internet.  There are seemingly inexhaustible sites with homes for sale, valuation estimates and virtual tours.  There are extensive mapping sites with satellite images, traffic conditions, entertainment, shopping and other points of interest.

There are actually three legitimate types of property showings.  A knowledgeable buyer can view a home for sale online and make a reasonable determination of whether the home will fit their needs.  Occasionally, buyers will drive by a home to get a feel for the home and also the neighborhood which might cause them to eliminate any further examination or consideration.

The third type, the physical showing, certainly gives the buyer the opportunity for the closest scrutiny but is generally reserved for properties that have passed the inspections of at least one other type of showing.

Sellers should be aware of the different types of showings and that a sales agent’s job is to help the buyer find the right home.  The listing agent’s job is to market the home so that the right buyer finds it either through their own efforts or that of the buyer’s agent.

Increase your shows using Social Media

Credit Score And You !! #24

For years, consumers have been left in the dark about true credit score factors, and how they affect one’s ability to get a loan. Now, with direct access to self-serve websites such ascreditexpert.com and equifax.com, consumers are finally empowered to gain greater insight into personal credit; credit score myths, security against identity fraud and theft; and how to correct or improve a score. See below to have credit scores explained further.

What is a Credit Score?

A credit score is the result of a mathematical equation that evaluates many types of information that are on your credit report. Potential lenders will usually review your credit report and credit score, along with other factors, such as your ability and likelihood to repay debt.Credit scores are often called “FICO scores” because most credit scores are produced from software based on a model developed by Fair Isaac and Company (“FICO”). For more information about FICO scores, go to www.annualcreditreport.com.

What Makes Up a Credit Score?

The FICO score generally ranges from 300 to 850, and a higher score indicates a lower credit risk. FICO scores are calculated from many sources information in your credit report, which is based on the importance of the following five categories for the general population:

  • Payment History 35%Were Payments Made on Time?
  • Amounts Owed on Accounts 30%
    Is the balance owed close to the limit?
  • Length of Credit History 15%
    How long have your accounts been open?
  • New Credit 10%
    How many new accounts have been opened?
  • Types of Credit Used 10%
    Mortgage, auto, consumer finance accounts, revolving and installment loans.

What is Not in Your Credit Score?

  • Your race, color, national origin, sex, age, marital status
  • Your salary, occupation, title, employment information, or residence address
  • Any interest rate being charged on your credit accounts
  • Any items such as family/child support, rental agreements, credit counseling participation

What Can Affect My Score?

Your FICO score is a “snapshot” of your credit history at a given point in time, and can change based on the factors that make up your credit score.

  • Late Payments – Pay your bills on time and if you have missed a payment, get current.
  • Credit History- When you payoff a debt or collection, or close an account, the credit reference still remains on your credit report for a minimum of seven years.
  • High Balances – Keep outstanding balances low on credit cards and other “revolving” accounts
  • New Credit – If you have been managing credit for a short time, don’t open a lot of new accounts.


How To Improve Your Credit Score

Your score can improve by managing your credit responsibly over time and following some basic tips:

  • Make sure the information in your credit report is correct. You are entitled to one free credit report annually from the three credit bureaus – Experian, Transition, and Equifax. Visitwww.annualcreditreport.com to obtain your free reports. You may also purchase a copy of your credit score report through this website.
  • Review your credit report for accuracy (date opened, account balance, account limit, last activity) and have incorrect or erroneous information updated.
  • Pay down high credit card and revolving account balances, but don’t close the account. Don’t apply for credit that you don’t need – excessive credit report “inquiries” can lower your score.
  • Avoid moving credit balances from one account to another just to take advantage of low introductory interest rates. The combination of “inquiries” and “new accounts” can negatively impact your score. 
  • If possible, avoid “finance company” type credit accounts, including “90-day” and “12 months same-as-cash” accounts. Mortgage loans, installment loans and revolving credit card accounts impact your score more favorably than finance company accounts.