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Can franchising be the turning stone in the financial progress of Australian investors?

Reveal the story behind the over 90% prosperity in the Australian franchise sector and discover how becoming a small business owner developed into a winning strategy for ambitious entrepreneurs around the country. In the past few years, the evolving franchising industry of Australia have accelerated a wave of entrepreneurial minds streaming with great force towards finding success in the world of small business ownership. Franchising campaigns find thousands supporters each year increasing the number of franchising businesses in Australia up to 1180 in comparison with the 693 franchise systems which have been registered until 1998.

With over a little less than 100% prosperity in the sector and sales turnover estimated in more than 131 billion Australian dollars, buying a franchise has become a top preferred strategy by businessman across the country. Expanding Your Ideas Yet, not all franchising initiatives end with a rate-busting profit. According to the 2012 Australian Franchise report, a top challenge for the franchising sector of Australia continues to be maintaining standards in system processes. Without a proper strategy of success, most startups are doomed to failure. Exceptions can be made for enterprises working in the top industry categories such as retail trade, accommodation and support services, such as aged care and home cleaning franchises. The inexhaustible capacity of these markets offer 96% return of the investments for a short period of time. Becoming a franchisee is a journey of the entrepreneurial mind which reflects the transit of innovative business ideas to the railhead of success.

The obstacles which franchising investors meet along the long road of getting their business off the ground, builds a strong basis of experience. With a clear idea, high motivation and a pinch of confidence, the competent and persuasive franchisees will be able to push their startups out of the void of uncertainty which covers the outset period of three to six months prior to setting up a franchising business. Despite the vacillation, which comprises first-time investors and the size of the Australian market, the Griffith University research indicates that industry competition, uncertainty and franchisor cash flow are the least of the challenges which the Australian franchise sector creates for new business owners. Regardless of the 90% prosperity of the franchise industries in the country, one of the biggest challenges for the sectors remains the recruitment of franchisees. Yet, the university report shows a net growth in the franchise systems in the continent of nearly 15%.

The in depth researches and case studies of leading franchisors in Melbourne and Sydney, show the years after the Global Financial Crisis have been perfect time for investing in already established business and buying a franchise. Although, the region of Victoria and New South Wales offers a great number of businesses for sale, investing in retail and cleaning franchises remains a top winning strategy for most Australians. Whether or not a certain business is going to hit top-selling rates is a matter of motivation and innovative thinking. Every business, no matter how small it is, has availability of prospective. The question is, are you willing to give your best in order to become a successful business owner?

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Real Estate Marketing "The Podcast" How do I get listings or deals? #Investor #Realtor

David Bartels LIVE from Anaheim CA presentation

805-413-8000
http://www.homeloanadvocates.com/

Banks grant short sales for two reasons: the seller has a hardship, and the seller owes more on the mortgage than the home is worth.

The seller will need to prepare a financial package for submission to the short sale bank. Each bank has its own guidelines, but the basic procedure is similar from bank to bank.

A few examples of a hardship are:
Unemployment / reduced income
Divorce
Medical emergency
Job transfer out of town
Bankruptcy
Death

The seller’s short sale package will most likely consist of:
Letter of authorization, which lets your agent speak to the bank.
HUD-1 or preliminary net sheet
Completed financial statement
Seller’s hardship letter
2 years of tax returns
2 years of W-2s
Recent payroll stubs
Last 2 months of bank statements
Comparative market analysis or list of recent comparable sales

Writing the Short Sale Offer and Submitting to the Bank

Before a buyer writes a short sale offer, a buyer should ask his or her agent for a list of comparable sales.

Banks are not in the business of giving away a home at rock-bottom pricing. The bank will want to receive somewhat close to market value.

The short sale price may have little bearing on market value and may, in fact, be priced below the comparable sales to encourage multiple offers.

After the seller accepts the offer, the listing agent will send the following items to the bank:
Listing agreement
Executed purchase offer
Buyer’s pre-approval or proof of funds letter and copy of earnest money check
Seller’s short sale package.

The Short Sale Process at the Bank

Buyers may wait a very long time to get a response from the bank. It is imperative for the listing agent to regularly call the bank and keep careful notes of the short sale process.

Buyers may get so tired of waiting for short sale approval that they may feel the need to threaten to cancel if they don’t get an answer within a specified time period.

That type of attitude is self-defeating and will not speed up the short sale process. If buyers are the type with little patience, perhaps a short sale is not for them.

Following is a typical short sale process at the bank:
Bank acknowledges receipt of the file.
A negotiator is assigned.
The bank orders a valuation of the property.
The file is sent for review or to the investor.
The bank may then request that all parties sign an Arms-Length Affidavit.
The bank issues a short sale approval letter.

Some short sales get approval in 3 weeks. Others can take as long as 12 months. A typical Short Sale transaction takes 4-6 months to complete.

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Real Estate Marketing (The Podcast)

How do I get a listing or deal? #Investor #Realtor

Short Sales are BACK!

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GUESTS: 
Bryant Tutas 
407-873-2747 
Co-founder of www.ShortSaleSuperstars.com. Working Short Sales every day all day.

Real Estate Broker and Owner of Tutas Towne Realty. A virtual Real Estate company specializing in listing and selling Short Sales and REO properties in the Central Florida Area.

Finding solutions that get your property “sold” is what I do.

Folks, if you need to sell your home then give me a call today and let’s talk! 407-873-2747 All calls are confidential. I can help……

….if you’re facing foreclosure. www.CentralFloridaShortSales.com 
….if you need to sell a Holiday Home. www.BuyProperty.ning.com 
….expose your property to over 500 web sites. www.TutasTowneRealty.com 
….educate you on current market conditions. www.BrokerBryant.com

Mike Linkenauger 
904-733-4911

Main website http://www.short-sale-specialists.com

Short Sale Websites - www.ShortSaleHosting.com
Mike got his start in Real Estate in 2005 at the young age of 26. He immediately established himself as a top producer in the Jacksonville, FL market, moving into the top 1% of agents his first year in the business. As the Florida housing market became depressed in 2007, Mike shifted his focus and immediately found a calling in assisting home owners with a short sale. In no time he amassed an inventory of over 100 short sale listings and quickly established himself as one of the top short sale agents in the State of Florida. As his online presence grew, homeowners from other parts of Florida began contacting him for guidance with a short sale and to be connected with a local short sale agent.

How does the progress of Short Sales compare with stages of a business cycle? Okay, granted, a Short Sale is not a product or a service that a business would seek yet shouldn't it run perhaps parallel to or in sync with the stages of a business cycle?

Stage 1 - Start up or creation.

Short Sales pretty much became a picture of the Real Estate market a few years ago, say 2007/2008. I would say that Lenders have had a good time period in which to get their Short Sale business up and running.

This is where the Lenders had to set up their Short Sale operations for optimal performance. They had to hire new staff to handle the burst in Short Sales amongst distressed homeowners. They had to get systems in place to streamline the ever increasing Short Sales that still have no end in sight.

Stage 2 - Growth.

Short Sales have most certainly grown allowing Lenders to establish themselves in the Short Sale market. They have had the opportunity to brand themselves within the Short Sale niche. This is where sound business practices are put to use to establish customer loyalty and favorable brand recognition.

This is a stage in which the Short Sale process should now be streamlined. This is where we are at now. The business of processing Short Sales should be smooth, systematic and should be well laid out. Lender images should be well known during this stage. Most businesses would want their images to be favorable during the growth stage of a business. Unfortunately, Lender images when it comes to Short Sales aren't perhaps the images that Lenders had hoped that they'd be known for today.

Stage 3 - Maturity

Short Sales should reach maturity in the year or two ahead. When the maturity of a Short Sale is reached will Lenders have it all down? At this point, the Short Sale should run on auto pilot which should have been evidenced in the Growth stage where performance should have been optimal. However, in order to reach Maturity many Lenders are still struggling all the way back to their start up stage as Short Sales don't always run smoothly.

Stage 4 - Decline

Short Sales are not at this stage yet, however this is one stage whereas "decline" would be welcomed.

What is the point of showing you these stages? I've been handling Short Sales since 2008 and have been blessed to be able to help many a distressed homeowner save their homes from foreclosure by selling their home as a Short Sale, yet can I say that I've seen vast improvements in how Short Sales are processed? Overall, No, it's a hit or miss. There are Lenders who think that they have a system in place. I cannot point to a Lender who constantly gets it right that any successful business should have at this point of their growth.

Why is it that I will deal with one Lender and more balls are dropped than you can imagine and then I'll deal with another, like I am just recently, where I've gotten an approval within 3 days? What is the Lender with a 3 day approval doing that differs from the Lender that takes months? It doesn't matter to me in terms of getting the job done as I just have to fight a lot harder for the ones that take several months as I will 9.8 times out of 10 get it done but I would sure welcome a Short Sale that is performing in the Growth stage nearing Maturity at an optimal level, wouldn't you?!