Archive for the ‘Sales Marketing’ Category
Direct Sales: Something You Can Do
The internet community is growing bigger in everyday. More and more people are exploring the possibilities online. This is why it is crucial to make the most out of your internet business. Consider your options properly, like whether or not to conduct direct sales for the home business.
Having a Successful Internet Business
When it comes to home businesses, the first thing that people think of would be Direct Sales or Multi Level Marketing (MLM) businesses. These are effective ways to take the first step into reaching your dream to be successful in the profit generation venture.
One aspect that attracts people to these strategies is the opportunity to come up with the business with relatively minimal expenses. In some cases, a few hundred dollars can go a long way with this strategy. Compare that to the burden of collecting thousands of dollars if you will depend on getting a franchise to start a business. That is a considerable difference that you should not ignore easily.
Direct Sales Option for the Home Business
Taking into account the points above, doing internet business in that way can be very promising. It is best to keep in mind that the Direct Sales option can be the best way to jumpstart the entrepreneurship. This is the method that can give instant results to your efforts.
People who want to get higher profits in a relatively short time can very well use the direct sales services. Thus, it can be very useful for people who are not expecting to work for the long-term.
Are there people who only want the income for the short-term? Some individuals may find themselves in a transitional phase, like moving from one job to another. During the hiatus, the direct sales program can provide good income.
Some who can only get short breaks from their jobs can also benefit here.
However, long-term thinking people need not ignore the direct sales option. This can also be utilized by people who plan for a long-running business so that they can enjoy the best of both worlds. It always pays to have instant payouts as you prepare for the long-term income.
Doing Direct Sales Services
It is best to access a direct sales program to put the plan into action. There are many programs available online that you can review for your direct sales option. Then you can conduct your direct sales strategy. The payout is given whenever a new client buys or avails of a package. This results to a larger percentage on your part and this is credited to you right away.
In this regard, take into account that to have commitment here. The way to get that desired result is to invest on a reputable program that buyers will definitely access and purchase from. Keep in mind that you cannot do this half-heartedly. Just consider the huge amount of returns that you will get. That should be enough to make you give your all in your first try.
Conclusion
People who want to be their own boss can start an internet business to jumpstart a profit-making endeavor. It is good to know that there are good options offered online. Be sure to review the different strategies available and evaluate each according to your needs and goals. Just like direct sales marketing services. This is definitely one approach you will not ignore.
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Sales Professionals
Are you a sale professional searching for means to enhance your business; your influence on market and on the prospective buyers, then this article could be your best bet.
You are about to be a part of a network that is a series of tools and technique that work together to build up your sales market value and impact. You could build up your own network of customers and peers, buildup professional relations with customers, get tools recommendations as well as recommendations regarding sales tips and sales techniques to beat the market heat.
You could get registered and avail for various resources available right at a click like sales books, articles, blogs, feeds, software tools and techniques, white-papers and tutorials, online discussion forums. To get the most valuable to the smallest information regarding sales and smarter ways to improve the same. You could even search for jobs related to sales, jobs offered according to title, company, location, and job-type.
There are books regarding sales skills training for both naïve and experienced sales professionals. Books for people who like to go by book and make profit. These books could be regarded, as dictionaries for sales professionals, cause they cover almost everything regarding and related to sales, be it selling tips and techniques, cold calling tips, sales closing tips, sales prospecting tips, sales advice, recommendation for sales tools.
Sales blogs and articles give insight on how to increase your sales, get idea regarding your industry and recommendations from professionals, get idea regarding cold calling its benefits and impact, at times cold calling isn’t of much help it could give negative image, for dealing with such problems get prospecting tips, prospecting equipment and techniques and start working on them. The output of which would be developing your credibility and presence even before you enter the market, wherein customers approach you and not the other way round. Doesn’t it sounds cool as a sales professional
To be successful sales professional is not to work hard but to work smart and to work smart in the right direction. To make profit you need to assess, set goals and find strategies to achieve it and to get an idea on all this be a part of our network pipeline build up relations, scale to new heights in business and income in no time.
If you are interested to know more about Sales Professionals And Sales Techniques please search our site for more in-depth information and resources.
Justyn Howard is content writer for the passivepipeline.com; Visit the site for more information about Sales Professionals And Sales Techniques.
The Real Estate Short Sale Dilemma
Castle Rock, CO 7/2/2009
Unless you’ve been shipwrecked on a desert island, you are aware that the housing market is in the doldrums. Even though the Denver market is faring better than other areas, the average price of an existing home keeps sinking. However, one part of the real estate market has recently swelled:
The Short Sale market.
In a Short Sale, the existing lender agrees to take less than the amount owed and then releases the mortgage lien so the house can be sold. If a homeowner falls behind in his mortgage payments, the idea of a Short Sale can seem pretty attractive. The homeowner sells his house and the new buyer gets a house at a discounted price. But, if it seems too good to be true – like the ship coming to rescue you from that desert island – it probably is.
When you get a mortgage, your lender has two available paths to secure his mortgage. The first path is the mortgage lien and foreclosure power of sale on the house itself. The lender can take back the house, sell it in a foreclosure sale, and pocket the proceeds.
The second path is the personal mortgage obligation of the homeowner. In the promissory note and deed of trust, the homeowner personally guarantees the repayment of the mortgage. If the lender doesn’t get what he is owed, a deficiency occurs. A deficiency judgment is a judgment lien against a debtor, defendant, or borrower whose foreclosure sale did not produce sufficient funds to pay the mortgage in full.
Previously, when a deficiency occurred, the lender was satisfied by writing off the loss. The lender would simply send the homeowner an I.R.S. Form 1099, thereby characterizing the amount of the deficiency as a ‘gift’ from the lender to the homeowner. This gave the lender a tax deduction, but for the foreclosed homeowner it became taxable as income.
This all changed in December 2007. The Mortgage Forgiveness Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for this relief. This provision applies to debt forgiven in calendar years 2007 through 2012. Up to $2 million of forgiven debt is eligible for this exclusion ($1 million for taxpayers who are married filing separately).
What happens now that there is no longer this relation of tax deduction and tax payment? Can the lender choose to sue the homeowner for a deficiency judgment, i.e., the amount the lender lost? There is a certain amount of confusion on this issue among real estate professionals.
* The first confusion concerns whether a lender can get a deficiency judgment in Colorado. The answer is yes, it can. Not all states allow deficiency cases, but Colorado does. A number of states, including California, Oregon and Washington, have laws which restrict deficiency judgments – it is easy to see why this confusion exists. Colorado decided to clear things up.
In December 11, 2008, the Colorado Division of Real Estate issued a Revised Position Statement concerning Loan Modifications in general and Short Sales in particular:
” The Director of the Division of Real Estate finds that a position statement regarding loan modifications is necessary in order to provide clarity to the industry. . . The purpose of this position statement is to clearly notify loan modifiers (those who engage in the act of directly or indirectly negotiating a loan modification) of the applicability of Colorado mortgage broker law.. . . Short sale – A short sale is the sale of a real property for less than the mortgage loan balance. In the settlement of the short sale transaction the existing mortgage is extinguished. Any deficiency created from the settlement of the transaction may be transformed into a promissory note, charged off, forgiven, or pursued as a judgment against the previous owner.” (emphasis added) .
* The second confusion is a misunderstood belief that the federal government passed a law that did away with deficiency cases. This refers to the Mortgage Forgiveness Debt Relief Act of 2007. This act lifted the homeowner’s tax burden but did nothing to stop deficiency cases from being filed.
A Short Sale creates a deficiency just like a foreclosure does. So what is a homeowner to do?
**- First, if the parties choose a Short Sale, the homeowner must make sure that there is a specific clause in the documents stating the lender will not pursue the homeowner for any deficiency. One example is the clause of “payment in full without pursuit of any deficiency judgment.” Unfortunately, in most Short Sale situations, the parties are all so eager for the sale to go through that most attention is paid to the release of the mortgage lien on the property instead of any protection for the seller.
**- Second, the homeowner should explore whether the house can be sold without the mortgage lien being affected, thereby avoiding any possibility of a deficiency. This can be done with an Installment Land Contract, Wraparound Financing or our firm’s Bankless Financing Program (BFP). With no deficiency, there is no deficiency judgment.
**- Finally, if the foreclosure or Short Sale has already been done and the lender seeks a deficiency judgment, the homeowner can explore discharging the judgment in bankruptcy.
Short Sales have both good and bad characteristics. The goal of all homeowners in this situation is to stay afloat.
Mike Robinson is Senior Partner at Robinson & Henry P.C., a Castle Rock, CO Law Firm. He was assisted in writing this story by Ryan Wood, an Associate with the firm.
Attorney Mike Robinson is Senior Partner at the Castle Rock Law Firm of Robinson & Henry P.C. He has lived in Douglas County, Colorado for over 20 years. He has served on the Board of Directors of the Castle Rock Chamber of Commerce and Cantril House Assisted Living Center, as Post Commander of the Castle Rock Veterans of Foreign Wars Post #10578, President of the Douglas-Elbert Bar Association, Board of Governors – Colorado Bar Association, the Colorado Trial Lawyers Association, and Phi Delta Phi Legal Fraternity, Who’s Who in American Law.
Choosing a Pre Employment Sales Personality Test or Sales Aptitude Test to Hire Top Sales Executives
Hiring managers have long known that it takes more than just personality or psychology alone to close the sale. An old style pre employment test, sales aptitude test or sales personality test may be inadequate in helping you hire Top Sales Executives or great Regional Sales Managers. Testing for Total Sales Ability ™ is the best solution, and businesses interested in hiring great sales people or regional sales managers can now receive 10 FREE Sales Assessment Tests from Dan Joy, Inc: http://www.danjoy.com/
As a business executive or business owner, how can you tell which of your job applicants can really sell? Use Sales Assessment Testing to find out. Here’s what you need to know about Pre-Employment Tests or Sales Assessment Tests if you are interested in hiring a Top Sales Executive or a great Regional Sales Manager:
A. Sales Personality Testing is not enough:
Testing for sales personality alone is not enough. Would you select a doctor just because they had a good personality but no skills, ability or experience? Similarly, using a sales personality test to predict sales potential often results in disappointment. Many sales personality tests look at a person’s outwardly style of doing things, but there may be no real link to actual sales performance. A personality based sales assessment test may help determine a personality type, but may not help determine whether someone can actually sell. Testing for Total Sales Ability ™ is the key, and presently there is only one pre-employment sales test which provides that, as explained later in this article. You can also use The JOY Tests ™ of Total Sales Ability ™ to test your current salespeople for promotion, retention or sales training purposes.
B. Sales Aptitude Testing is not enough:
Similarly, pre employment sales assessment testing based on a person’s sales aptitude alone is not sufficient. Many pre employment sales aptitude tests look at a person’s psyche or internal motivations for doing things, but there may be no absolute link to actual sales performance. One may have the right sales aptitude or Sales Psychology but if the actual Sales Ability is missing, they probably won’t make much headway in selling. Moreover, a pre-employment sales aptitude test may not take actual selling techniques (learnt by real world sales experience) into account. The JOY Tests ™ of Total Sales Ability ™ can help where many others cannot.
C. Sales Skills Testing is not enough:
The mental component of selling is critically important. So, Sales Skills Assessment alone is not enough. Having the sales skills but no drive or motivation wouldn’t suffice. One must test for more than just a job applicant’s selling skills. Moreover, business methods and sales tools are constantly evolving. The sales approach which used to work a few years ago may not work today. You need a well-rounded pre-employment test of sales ability which keeps up with the changes in the ways that contemporary business is conducted. In other words, you need a pre-employment sales test which is thorough, up to date and well rounded, like the one recommended later in this article.
D. Lack of Sales Call Reluctance is not enough:
Just Sales Call Reluctance testing by itself is not enough. There are people who can call relentlessly but never close. Closing the sale requires proper sales techniques and sales abilities too, not just a lack of sales call reluctance. Total Sales Ability ™ testing like that offered by Dan Joy, Inc., can be a huge asset for you when trying to hire a great Sales Executive — Salesman or Saleswoman, or a good Regional Sales Manager.
E. Our Recommendation — Assessment of Total Sales Ability ™ is the Best:
The JOY Tests ™ of Total Sales Ability ™ can help reduce subjectivity and guesswork, and help employers make more objective hiring, promotion or retention decisions. They go above and beyond the old style Pre Employment Sales Personality Tests and Pre Employment Sales Aptitude Tests, by testing for Total Sales Ability ™ instead: http://www.danjoy.com/
A hiring mistake can be costly. The JOY Tests ™ of Total Sales Ability ™ can help employers and recruiters immensely by testing for sales prospecting ability, objection handling ability, sales closing ability, personality, psychology and more — a total of up to 50+ sub competencies, traits and advanced selling techniques critical to sales success.
They can be used as pre employment sales tests to test Business Development professionals at different career levels, e.g., a Sales Person (Salesman or Saleswoman), Sales Manager, Sales Director or VP of Sales & Marketing. The JOY Sales Tests ™ may also be used to identify and quantify Sales Training needs to help you bridge certain sales training gaps or correct certain sales skills deficiencies in your current sales team. Thus, you may also use The JOY Tests ™ of Total Sales Ability ™ to test your current salespeople for promotion, retention or sales training purposes.
The 10 major areas of ability tested by the potent JOY Sales Tests ™ are:
1. Sales Prospecting (Leads Generation) Ability.
2. Appointment Setting, Cold Calling, Rapport and Presentation Ability.
3. Objection Handling and Negotiating Ability.
4. Sales CLOSING Ability and Asking for Payment/Deposit.
5. Cementing the Sale (Re-assuring the Client), and Ability to Get Referrals.
6. Computer / Internet / Email / CRM and Sales Tools Ability.
7. Miscellaneous Crucial Sales & Marketing Abilities
(Various Secondary Factors — Personality, Psychology, Skills, Aptitude, Ethics, etc.)
8. Sales Team Recruitment Ability.
9. Sales Team Management / Leadership / Motivation Ability.
10. Advertising, Marketing and Public Relations Ability.
So, how can employers tell which job applicants can sell? They can start with 10 FREE Sales Assessment Test units (Screening Tests) at http://www.danjoy.com/
Dan Joy (BS Engineering, MBA Marketing) is an acknowledged Sales and Marketing scientist. Employers may receive 10 Free Sales Assessments at http://www.danjoy.com/
Marketing vs Sales vs Technical
There’s a war going on out there … It’s brutal, it’s relentless and, like all wars, there’s always the potential for casualties.
Let’s set the scene. At any given time, legions of professional emarketers gaze intently at their target audience through the finely-tuned sights of their opt-in mailing list.
With their trigger finger poised in eager anticipation, they unleash their precious marketing payload with laser-sharp accuracy towards their quarry.
The binary hordes are released – every email bearing news of compelling ‘value propositions’. Each one has a specific destination, a destiny to be fulfilled and an outcome to be realised.
Meanwhile, dug deep in their bunkers, IT Managers and IT Administrators await … They know their ‘enemy’ well and keep their primary defences in a high state of alert. Together with sophisticated filtering software to protect their networks, the technical teams form a formidable line of defence against the onslaught of both inbound and outbound email. After all, email’s just email, right?
No matter. With strategies, tactics and policies firmly in place, mailing lists primed and mail servers ‘locked down’ – so it begins.
Friendly Fire
Incredibly, the adversaries described above are actually on the same side and are simply playing out a scenario that is very common within many businesses.
On one side are the emarketers along with their comrades-in-arms – the sales teams, while the other side is composed of those charged with maintaining the overall well-being of the company IT infrastructure.
And this, despite the fact that – according to a recent survey by email marketing specialists, emedia, less than a fifth of IT managers actually declared any hostility towards email as a mass marketing medium. In fact,43% of IT Managers actually felt positive about it!
Flak From All Sides
As if this wasn’t enough for emarketers to deal with, they’ll frequently be involved in a two-way tussle with the sales effort for primacy in who is the dominant dynamic in driving company revenue streams.
A sales force will rightly lay claim to persistent, highly-focused endeavour emanating from slogan-filled hives of ’sharp end’, ‘front line’ activity. Don’t marketers, by comparison, sit around sipping cappucino while admiring their latest creation?
Marketers on the other hand, will justifiably label themselves as the company ‘think tank’. A breeding ground where innovative persuasion techniques are born and nurtured that identify, reach and motivate prospects into becoming warm leads. Doesn’t this just leave sales with the ’straightforward’ task of closing the deal?
All Together Now
It’s clear that there’s a disconnect between the wants and needs of the sales and marketing effort (ie. those who create, define and close business opportunities) compared to the vital role played by those who keep company networks secure and available.
This imposes a considerable challenge to the folks who control internal operations – after all, isn’t outbound email messaging as mission critical as IT systems security?
Business success can be gauged in a number of different ways but ultimately a balance sheet will reveal everything you need to know. To this end, all parties – sales, marketing AND IT – need to work together to produce a mutually desireable outcome which means a collaborative approach to emarketing delivery.
Delivery Best Practice
There is evidence to suggest that marketers do not currently seek advice from their own IT department on how email delivery can be assured.
In fact, the following statistics make for sobering reading when you consider that, according to emedia’s survey 80% of IT departments will filter out messages with trigger words, 64% will not allow content such as images, multimedia files, active script or hidden text while 75% employ blacklists/whitelists and 51% use Sender ID or Sender Policy Framework (SPF).
Furthermore, it was discovered that a tiny minority of IT systems (just 3%) have no form of spam filtering at all. For an emarketer, this represents an extremely small window of opportunity indeed regardless of the size of their mailing list.
Finally, only 3% of IT Managers felt that campaigns were delivered by the IT and Marketing departments together, even though 8% of marketing respondents claimed they were.
This is where emarketers need to get cute. Without meaningful dialogue with their IT people they are, to all intents and purposes, doing little more than generating internal ’spam’.
Meaningful questions need to be asked between all parties however. Such as, Who’s responsible for the email campaigns? How is spam dealt with? How are blocked emails managed? And what considerations need to be made to accommodate modern, content-rich email such as video?
And while the salespeople may feel like casual observers in all this, it’s entirely in their interests that the process of email delivery is as smooth and seamless as possible.
It’s always good to have options
With emedia’s findings pointing to the fact that only 15% of email marketing campaigns are currently outsourced to specialists, it’s clear that marketing, sales and IT departments would greatly benefit by adopting a best practice approach by working together rather than against each other.
If this isn’t practical, then serious considerations should be given to outsourcing emarketing campaigns to specialist email marketing companies who are experts in this niche area. That way, significant, tangible and measureable results can be achieved – all without a single shot being fired!
Emedia create highly targeted, cost effective and fully trackable opt-in email bulletins, enabling companies to acquire new business by generating quality sales leads, driving traffic to websites and raising brand awareness. www.emedia.co.uk
Top tier Marketing or GPT are you familiar with these terms?
Most of you know about MLM (multi level marketing) this system has been around for years and many successful companies have used this platform to sale millions to billions of dollars of product.
Many MLM marketers have also been successful but not too many have been able to sustain the profitable wave for many years. How many of you know some one with a garage full of products they haven’t been able to sale because MLM platform they had build failed apart, you see MLM marketing have a build in failure process and that is called a human, you cannot control the human in your down line. These people are on their own to do whatever they want and if they decide to stop selling the pyramid is broken and your income drops, history has shown that the multiplying effect creates the failure mechanism which happens to all MLM marketer. The MLM marketer who is trying to recruit you to join his down line will never tell you this simply because you would never join his team.
In our community we have several ex-MLM marketers and they will tell you that they actually left a successful business to start a new venture in the top tier business because their success had reached a plateau.
Some of you may have heard that term top tier before but for those who are not familiar with it, it refers to a marketing business were by you get paid a high commission up front rather then small percentages offer several people below you, thus the concept of GPT (get paid today).
The advantage of the top tier platform is that you require a lot less people to sale to, to make more money. Every single top earner will tell you that it take as much work on the internet to sale a $100 item versus a $1000 one. Why? Because the marketing activities are the same for both items the only difference is who you are targeting.
Because of this phenomena there is an increasing number of MLM marketers that are switching over to the GTP program and the reason is very simple: if you sale one item at $100 and make $50 commission while you could be doing the same work and be selling an item at $1000 and make $500 commission… which scenario do you prefer… it’s a no brainer right?
The second advantage with this system is you are in control, you do not depend on any one else to make your paycheck. The small commission you get from the people below you who are selling the same products is a residual income bonus you get for setting them up in business, if they were to stop one day it would not be a major catastrophe because you do not depend on them for your paycheck, you would see a small decrease in pay but it would not affect your living.
With MLM you have to wait for your paycheck while with top tier you get paid as soon as you sale an item… so what would be your preference wait for a stranger to sale an item before you can buy food for the family or get the money out of your bank account the same day you sold the item…again a no brainer.
If you need more details about a top tier program visit me and I can show you all you need to know to start your own direct sale marketing, I even have a line of products you can use to get you started.
Pierre
KNOWLEDGE IS POWER & POWER IS MONEY
After 25 years as a senior executive with a major retailer, I decided to start working for profit instead of working for money. I am member of CarbonCopyPro and Wealth Master International personal development platforms my goal it to guide others on how to build a top tier lucrative direct sales business using an internet network marketing strategy. Learn how to run a successful internet business before you start, find more info at;
http://mygptmarketing.com/?t=art
or at my blog http://pierredominick.blogspot.com/
Basics Of Buying Real Estate Short Sales
Over the last several years, short sales have received a substantial amount of attention. This type of transaction is done when the seller owes more on his or her mortgage than the value of the property. The lender essentially agrees to accept less than the balance owed as an alternative to foreclosure.
On the surface, a short sale (SS) seems attractive for all parties involved. The buyer is able to purchase a property for a price that is below market value; the seller is able to sell their home without losing it to foreclosure; the lender is able to recover a portion of the mortgage that would otherwise be lost. However, these deals are often more complex than they seem. Some require up to six months to close, and often fall through beforehand.
In this article, we’ll explain the basics of buying real estate short sales, starting with the importance of working with an experienced real estate agent. We’ll describe the process and explore some of the factors you should consider before pursuing these type of deals.
Find A Real Estate Agent With Experience
Short sales are unlike other real estate transactions. They follow a different process and require a unique set of skills. For example, your realtor will need to know how to negotiate with the selling bank or lender. Their motivations for pushing the deal through are different from those of the seller. Your agent will also need to be familiar with the follow-up process. Failing to follow-up with a single contact can wreck the sale.
The problem is, many inexperienced realtors – both on the buying and listing sides – rush into doing short sales because the market is rife with them. Their lack of experience can easily derail a transaction. Your agent should be able to determine how many listings the seller’s SS agent has closed compared to the number they have listed. If the ratio is small, that’s an indication the property is a waste of time.
Understanding The Process
As a potential SS buyer, it’s important that you’re familiar with the entire process by which the sale occurs. Let’s start with the seller.
In order for the seller to be eligible for a short sale, he or she must demonstrate a financial hardship to the lender. The seller must show an inability to pay the difference between an offered price and the balance owed.
When you make your offer, understand that the lender must approve it after the seller accepts it. If the lender rejects your offer, there is no sale. It is recommended that you show proof of a pre-approved loan to encourage the lender to move forward.
Most “normal” homes for sale are listed with the expectation that the seller will pay for home inspections, repairs, pest control, and similar expenses. This is rarely, if ever, the case with short sales. Even if you need to pay for such things out of pocket, do so. Neglecting them will expose you to major problems in the future. In fact, communicate to the lender that your offer is conditional upon your completing these things.
Factors To Consider Before Pursuing Short Sales
A common mistake among buyers is to think they’re getting a bargain simply because the owner’s list price is significantly lower than their purchase price. In reality, the seller likely overpaid. The “savings” do not represent equity.
Another misconception is that a short sale’s “bargain” list price suggests that lenders are unaware regarding a home’s value. Homes for sale usually command market prices. If you’re thinking about buying an SS and believe it is severely undervalued, there’s a good chance your market analysis is flawed.
Lastly, these type of transactions can require a lot of time – often, more than most buyers anticipate. You might need to wait six to eight weeks for a response to your initial offer. Moreover, if there are multiple mortgage companies that need to approve your offer, it will take even longer.
There are buying opportunities in the short sale market. However, finding them and finalizing a deal requires sidestepping a number of potential pitfalls.
Great deals available for Shenandoah Valley homes for sale” and real estate offerings at http://www.ValleyFarmsandLand.com
What Is A Comparative Market Analysis (Cma)
If you’re thinking about selling your home or property, a comparative market analysis or CMA is a great way to help you determine the actual value of your home for your home in the Phoenix Arizona area
You could conduct your own comparative market analysis, but it’s best to seek the assistance of a trained real estate professional. As trained Real estate professionals we have access to up-to-date geographic-related information about:
- Active, pending and expired real estate listings
- Comparable home sales
- Market trends including the average number of days area homes remain on the market before they are sold
- An area’s recent highest, lowest and average home sales prices
When you enlist a real estate agent to provide you with a CMA, you are likely to get more complete information faster. An agent will also help you to analyze the information in a comparative market analysis. A CMA is in no way a price guarantee. There are many factors that go into pricing a home and some of them are very personal including a seller’s motivation. Some sellers are financially distressed, or are under pressure to relocate for employment purposes and are willing to drop the price of a home for a quick sale. Other sellers are willing to wait for the right buyer to purchase his or her home at a premium price.
The depth of comparative market analysis reports varies. Ask your real estate agent to explain what you can expect to learn from the CMA he or she provides. At the very least, a standard CMA will include:
Active listings or homes currently for sale. This will give you a snapshot of homes your potential buyers will be viewing and comparing to yours. A seller can list a home at any sales price, so be careful not to read too much into active listings. In the end, a home is worth what a buyer is willing to pay.
Pending listings. A pending listing is a home under contract. This means the sale has not yet closed. Like sold listings, pending listings can help you determine what buyers are willing to pay for property comparable to yours. Because pending sales are still in the legal negotiation process, this information is often kept private.
Sold listings. Appraisers are strongly influenced by the price at which comparable homes have sold in the same geographic area as your home. An estimated market value will be largely based on sold listings.
Withdrawn or canceled listings. Sellers sometimes withdraw their homes from the market and the reasons vary. A change in life circumstances, low offers, and repairs required for buyer financing are just a few. This information can, however, be very helpful in determining how high is too high.
Expired listings. An expired listing is one that has been on the market beyond the length of a realtor contract. Sometimes these properties are overpriced. Sometimes they are not marketed aggressively. Occasionally a seller will change agents in the middle of the sales process.
It is very important to only compare properties that are similar to yours in a comparative market analysis. In some locations, this will be hard to do. Important comparables include:
• Square footage
• Location
• Type and age of construction
• Amenities and upgrades
• Condition
Of all of these factors, you have the most influence over condition and amenities and upgrades. A thorough comparative market analysis or CMA will help you determine whether or not repairs and upgrades will significantly increase the value of your home. It’s best to seek a CMA before spending too much money on repairs and remodeling.
We provide a free CMA for homes in the Phoenix, Chandler, Gilbert, Maricopa, Queen Creek, Mesa, Tempe, and Scottsdale Arizona areas. Just go to http://www.ralphandtricia.com/MarketAnalysis.htm and fill out the handy form today.
Ralph Bredahl is an Associate Broker with West USA Realty in the metro Phoenix area. His 12 years of experience make him a top choice for all your real estate needs in the Valley of the Sun. See him at http://RalphandTricia.com
Overview on Chinese Auto Glass Market in 2010
As a major part of the auto body, auto glass takes up about 3% of the gross mass of the vehicle. Auto glass is mainly used in the new vehicle manufacture market and the maintenance market. Therefore, the demand of auto glass is closely related to the production, sales and retained volume of vehicles. In 2009, the sales volume of the global auto market reduced by about 4.2%. Influenced by the global auto demand decline, the growth rate of the global auto glass industry is slowed down. Nevertheless, the steady growth of the vehicle retain volume provides a huge development space for the auto glass after-sales market. The global auto glass market is highly monopolized. Asahi Glass – the world largest glass manufacturer – occupies over 1/4 of the shares on the auto glass market. Moreover, giants in the glass industry (Saint-Gobain, Nippon Sheet Glass, etc) also occupy a large part in the global auto glass market.
In 2009, Chinese auto production totaled about 13.79 million, rising by 48.30% YOY; the sales volume came up to 13.64 million with the growth rate of 46.15% YOY. In 2009, China surpassed USA for the first time to become the global Top market of new vehicles. China is one of the few markets in the world that maintain growth in the financial crisis.
With the high-speed development of Chinese auto industry, the demand volume in Chinese auto glass industry increases with the average growth rate of 20% annually. In 2009, the scale of Chinese auto glass market exceeded 70 million m2.
Chinese auto glass market has its own characteristics, such as the high entry threshold of the OEM market and the long certification period (including third-party certification, certification of auto main engine plants, bid invitation, design and test of products, etc). It will usually take glass manufacturers about 3 years to acquire orders from whole vehicle manufacturers. Whole vehicle manufacturers have high requirements on the synchronous R&D, logistics and supply, quality and production techniques of glass. Moreover, the OEM market usually presents large and concentrated demand. Thus, whole vehicle manufacturers will choose large glass manufacturers with high brand popularity as their suppliers. The cooperative relationship will be maintained for a pretty long period after established. There are many new vehicles of domestic brands in China, but they are usually featured with small production, small batch and great variety. Auto glass is a special part for vehicles. It has a sales radius. Thus, favorable distribution of production bases can better reduce the cost and realize nearby complementing for whole vehicles.
Fuyao Group is China’s largest auto glass manufacturer who takes up 10% of the global auto glass market share. In the domestic OEM market, the market share of Fuyao Group approaches 60%.
By the end of 2009, Chinese vehicle retain volume was less than 50 per thousand people. In comparison, the average retain volume per thousand people was 140 in the world and 600-800 in developed countries. Thus, there is still great development potential for Chinese auto market.
From January to March of 2010, Chinese auto production reached about 4.55 million, growing by 76.99% YOY; the sales volume was approximately 4.61 million, rising by 71.78% YOY. It is forecast that the annual growth rate of Chinese auto glass market will maintain about 30% or even higher in the following years. Presently, many problems remain to be solved in Chinese auto glass industry: most auto glass enterprises are of small scale and poor product quality, except several large enterprises. Predictably, these small and medium enterprises will be eliminated gradually and their market shares will be taken by competitive enterprises.
Through this report, readers can acquire more information:
-Development situation of Chinese auto glass industry
-Prediction on the demand of Chinese auto glass industry
-Prediction on the development of Chinese auto glass industry
-Competition on Chinese auto glass market
-Major enterprises in Chinese auto glass industry and their operation
-Investment opportunities in Chinese auto glass industry
-Similarities and differences between Chinese and global auto glass markets
Following persons are recommended to buy this report:
-Manufacturers in the auto glass industry
-Manufacturers in the flat glass industry
-Auto manufacturers
-Auto maintenance enterprises
-Investors concerning Chinese auto glass industry
-Research institutes concerning Chinese auto glass industry
-Others concerning Chinese auto glass industry
To get more details, please visit http://www.shcri.com/reportdetail.asp?id=434
China Research and Intelligence
Shanghai, China
86-21-61509706
eileen@shcri.com
www.shcri.com
Eileen Gu
Sales Manager
Sales Consultant -the Major Benefits
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