Being a Realtor for over 22 years I have seen a ton of changes from how many pages we use in a contract, to the markets as they have gone up and down, and to the ways people sell and purchase homes. I believe in staying on top of things learning the latest innovations and methods. It was this that drove me to a seminar put on by Trump University in San Jose, California a couple of days ago.

I am always ready to learn new things that I can use to help my clients where ever they come from, be they a renter wanting to buy their first home, an investor buying several homes, or a seller needing to get out of a bad mortgage in a hurry. I thought this would be a prime time to learn a little from the expert, Mr. Trump, even if it wasn’t him but one of his students doing the seminar. I thought there would be some really new innovative techniques for this market that I hadn’t heard yet or that I could incorporate. I’m so sorry to say that wasn’t the case.

Granted I did not learn everything they have to teach in a 90 minute seminar, which is why they have a 3 day workshop for $1495., but I did here enough to know 1) it was the same information I had learned 25 yrs. ago when I started out in real estate as a buyer and watched the late night infomercials on TV 2) that many of the techniques I as a Realtor cannot use as they are illegal when you are licensed in California 3) If anyone practiced what this gentleman did teach in the order he said to use it, they are looking at a possible lawsuit also.

I’m sure he just got the order of a couple things wrong due to trying to pack so much information into a 90 minute seminar, but… how much wrong information do they pack into 3 days?

This is a fabulous market if you’re just starting out and buying your first home or you’re an investor buying homes for your portfolio, but please people, be sure what you are learning or who you are learning it from is telling you things that pertain to your particular state and their laws. Also make sure  they are telling you all the downside that can go with what you’re doing, as well as dangling all the cash you can make before your eyes.

If you have any questions about different types of transactions, or something you’re about to do, please feel free to leave a comment below or email me direct. I’d be happy to help.

Lauri Beamish DRE #00950917

This entry was posted on Friday, November 13th, 2009 at 9:01 am and is filed under Creative financing, Investor buying, bad realtor habits, first-time homebuyers, homebuyer help. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.