Real Estate Contracts Determine the Success Or Failure of Your Real Estate Business

Let me first state that I am not an attorney and nothing I write or say should be considered legal advice. Please contact an attorney before making any legal decisions.

When doing any type of real estate investment deal it is critical that you have quality real estate contracts. Whether you are investing in foreclosures, buying out of bankruptcy or any of the other dozens of real estate investment strategies, quality real estate contracts play an important role in your success.

Quality real estate contracts will help to ensure that you, the real estate investor, are fully protected within the confines of the law. You want real estate contracts that will protect yourself and your business to the highest degree whether you are the buyer or the seller.

If you are the buyer you want to use real estate contracts that will allow you to easily walk away from the deal if necessary while at the same time offer the stiffest penalties if your seller should decide to walk away. And the converse is true when you are the seller.

There are certain real estate contract clauses which will allow you to do this when used correctly. You can use inspection clauses, mortgage contingency clauses, appraisal clauses, default clauses…the list can go on and on. The important thing to remember when using these clauses is that you use them correctly.

You need to make sure that your “Defined Terms” are congruent throughout your real estate contracts.

You need to make sure that the contracts that you use do not conflict.

The¬†real estate contracts¬†that you use will directly effect the success or failure of your real estate business because they can either protect you from lawsuit or leave you open to folks who would rather sue you to get rich than work hard themselves…not to mention that your real estate contracts can determine the success or failure on a deal to deal basis.

I would recommend that you use contracts that come from one source because real estate contracts that come from one source can help to eliminate the problems above and much more.

Whether you get your contracts from your attorney, a book, a guru, or a program such as the REIFormsGenerator it is important that they come from one source and you always have your real estate contracts reviewed by an attorney in your investment state.

Your Business Has Growth Potential, So Take It to Your Customers, Market It!

Gone are the days where a good product or service sells itself. Yes, one could argue that its not completely gone, but relying on this method will keep your business small, in fact you might be kicked out of business from fierce competitor. That is why marketing has become an essential part of sustaining and growing businesses in today’s world. Many people dislike selling, in fact; I personally do not enjoy selling. But if you enjoy what you do and know can see its impact in the lives of others, you will get off your backside with joy and go out there telling everyone about your business.

So if marketing is very important and every businessperson is doing it, how can one increase their chances of generating effective leads through marketing?

Talk to more people daily about the solutions you provide –

Don’t talk about what you do, but how your product/service solves a problem. Starting is always a daunting process, but remember as your do it daily, it gets easier and becomes more productive. So you can start with a small but targeted number of potential customers/Clients. For example, your end target may be to talk to at least 100 people everyday; you can start with 15 people, then increase or exceed your target number, as you get better. The more people you talk to about the help your business provides, the greater your chances of getting more clients.

Attend as many business and networking events as possible –

You should attend good and targeted networking events; or you can organize your own-targeted networking events. Business is about building relationships, networks and trust. People will most likely do business with someone they know and trust, and will also recommend their friends to your business due to the relationship they have built with you. Nonetheless, you should use your time wisely, so plan your week effective and make sure that attending networking events do not affect providing an efficient and timely product/service to your present client, because good service means repeat business. Therefore, plan to attend events during your idle/less busy hours and work at your busy hours. Keep it balanced!

Don’t spam people with selling –

I used to be part of many small business groups on Facebook, but have recently removed myself from these groups because of the constant selling. I know the owners/administrators of these group must have set up the groups for like-minded business people to network, post questions and share advice of everyday business issues, however, other members have messed it up with constant spamming. They don’t contribute, but just advertise and sell their products/services. The truth is, no one wants to be sold to all the time. So please build genuine business relationships, be a listener. When you attend business events, talk less about yourself business, rather ask questions. The good thing about asking questions is that it helps you understand the need of the individual and if you provide products/services that can help reduce or eliminate the problem, you stand a better chance of giving them that information and thus increasing your chances of a business relationship which then result in the individual buying your product or service. You also get word-of-mouth referrals via this medium.

Use free listing websites and cheap paid advertising –

There are free listing websites or cheap paid websites when you can advertise your business. i.e. Craigslist, Yell etc. Just type ‘free business listing websites’ and you will get the information required. Remember to only advertise solutions; don’t waffle all about your business, because your potential client is not looking to be impressed, but is looking for a product or service that will solve a problem or enhance productivity.

Use social media avenue to market your business –

Technologies have changed the way we do business today. The arrival of platforms like Facebook, Twitter, LinkedIn, YouTube etc. Has made business a lot easier and marketing cheaper. Using these mediums to advertise your business is a cheap way of getting leads, but don’t get carried away with the time spent on each platform. You must analyse your potential market and what platform they are mostly likely to be on and spend time there to market your business. Remember, no spamming, Build relationships, which then leads to business. If your potential customers are more on Facebook than twitter, then use more of Facebook and set the number of hours each day you will spend on each platform and try to measure the returns from each platform. I know this can sometimes be difficult, but getting these stats can help you strategically plan for your social media marketing and improve productivity. Remember, you can always outsource, if you lack time to do social media marketing yourself.

Join offline business groups and online business forums –

Offline business groups like Chamber of Commerce, Marketing consultant London group, small business groups, BNI etc. can help your business grow through referrals and networking. Joining online business forums give you a platform to network, participate in discussion, give advice and be known. As you continuously participate and provide advice, people in the group will see you as the expert and come to you when they need advice and most times, they will click on your profile to know more about you. As they do this, there is a greater chance of them clicking to your website and as you know the more visit to your website the more clients/customers you are likely to get. So when providing advice, know your subject very well and be clear and concise.

Contact Organisations about speaking at events –

Speaking at events give you more exposure. So browse through your local community website and check for upcoming events; call and ask to speak for free in some of the events. As you do free speaking at events and get known in your business, with time, you will be contacted for paid speaking. Remember when you speak at events; don’t sell your products/services on stage, else you lose your audience. You need to research your topic, be prepared to deliver the speech like your life depended on it and once you can capture the audience; they will come asking for your business details and how you can help them backstage at the close of event.

These are my few marketing tips for small businesses; larger corporation will use radio, TV & billboard advertising. But never mind, as your business grows, you will have sufficient funds to do large-scale advertising, but in the meantime don’t waste money on marketing, only do cost-effective marketing. But don’t stop marketing because that is the channel for business growth. All the best!!!

Fashion Design Careers – Learn How to Get Your Career in Fashion Started

The world of fashion is exciting. In fact, being a fashion designer is one of the most creative and awesome jobs to do. What are the two skills that you need to be a good fashion designer? You will need to sew well and to draw your ideas. Of course, these will be taught by experts when you enroll in a fashion school. Aside from those two mandatory skills, you will need passion: passion for clothes and design. It would also do you well to be a right brained person because to be a fashion designer requires that you think outside the box and to avoid conformity. Creativity is essential in the fashion world. Other things that you’ll need are determination and a comprehensive understanding of the fashion industry. You need to have a good grasp of the creative side as well as the business side.

The next thing to do is to enroll in a fashion design program with a reputable fashion school. This will equip you with the necessary skills and knowledge in a structured setting. Professionals will be guiding you in your quest to become a full fledged fashion designer.

The following section is the Design Process. It is a core material of what they will teach you in Fashion School. The design process will teach you the steps from the conception of your design to the creation of the garment.

The first step in the Design Process is to choose your target market. This means interviewing them so that you’ll understand their fashion needs and tastes. The next step is to know the trends. Fashion is forever trending and changing so it’s important to know what is in and what is not. If you infuse your creativity into what your market what, you will create a successful design that will be well loved.

After you have a better idea of what your market wants, it’s time to choose the fabric. You have to do this before you sketch your design because the design depends on the fabric you choose. Make sure the fabric you choose is what your target market loves. Fabric is also dependent on the season you are targeting. It does not make sense to use wool for a summer season.

The next step is to sketch now your design. By this time, you will have a good idea already of what your customer is looking for. You will also have determined what an ‘in’ trend is for the season you are targeting. It’s now time to unleash your creativity. Your creativity has to be evident in the design you will sketch.

After you have finished your sketch, you will now take measurements. You can choose to customize it for each customer or you can go with the global size standards. If you are only dealing with a few clients, it’s best to give them a personalized service by taking their measurements personally.

You then draft your patterns. You will need this to sew a garment. For your test garment for fitting, you will be sewing muslin. Muslin will allow you to modify your patterns when needed. After you try it with your client, you check the fit. Redraft your patterns and use another muslin garment if necessary. When your muslin perfectly fits and meets your customers’ requirements, you then sew the actual garment with the fabric you have initially chosen earlier.

The beauty of being a fashion designer is that you continually help people look good and that your creativity muscles are always being stretched. Happy customers will send you referrals along your way. Treat them well and you’re on way to a great career as a fashion designer.