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A guide to real estate profits for the long term As Wall Street continues to prove disappointing and frightening to many investors, real estate investing has grown in popularity. Interest rates have attracted borrowers and as a result, investing in real estate has become a part-time and full-time occupation for many people. Building Big Profits in Real Estate focuses on the sound strategies that everyone needs to understand before they invest in real estate. Rather than focusing on the short-term results of instant riches, this book takes a longer view— examining how individuals can make real estate investment a viable investment as well as a possible full-time job. Building Big Profits in Real Estate introduces readers to important real estate topics such as analyzing markets and managing a real estate portfolio, and shows them how they can go from a casual investor to full-time real estate entrepreneur in a matter of months. Wade C. Timmerson (Pittsburgh, PA) has extensive experience in real estate and owns and partners in several companies’ focus on buying, property management, and lending. Among his accomplishments: he has amassed a real estate profile valued at more than $5 million; has helped finance more than 400 investment properties in the Pittsburgh area; and has helped more than 100 families of limited financial resources become first-time homeowners. Suzanne Caplan (Pittsburgh, PA) has been a consultant, business owner, speaker, and author. As a consultant, she specializes in assisting entrepreneurs, from start-up through exit strategy planning.

A simple guide for homeowners who want to cut out the middleman Six percent doesn’ t sound like much. But for homeowners paying an agent six percent of the value of their home, six percent is a fortune better spent on something else. In a hot real estate market— a market in which most houses sell in a matter of weeks— it pays to consider alternatives to the six percent fee. This book provides all the available options and tells readers how to hire an agent at a lower commission— using flat fees, basing the commission on price of the property or speed of the sale, using cash bonuses, and more. Readers will not only learn how to lower the commission they pay, but also how to get a higher price when selling and take advantage of the capital gains exclusion. The commission is one of the largest expenses homeowners will pay when they sell, this book shows them how to lower that expense so that they can get the best return on their investment. Robert Irwin (Westlake, CA) has written more than 50 books on real estate, including Improve the Value of Your Home Up to $100,000 (0-471-22669-6). His Tips and Traps series has sold more than one million copies.

Real estate broker - A real estate broker is in the business of brokering real estate transactions; that is, finding sellers for those who want to buy real estate and finding buyers for those trying to sell real estate. Real estate brokers and their salespersons assist sellers in marketing their property and selling it for the highest possible price under the best terms and assist buyers by helping them purchase property for the best possible price under the best terms.

Real estate contract - A real estate contract is a contract for the purchase/sale, exchange, or other conveyance of real estate between parties. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental contracts) cover such rentals since they typically do not result in recordable deeds.

Real estate economics - Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of real estate prices, building production, and real estate consumption.

Century 21 Real Estate - Century 21 Real Estate is a real estate agent franchise company now owned by Cendant, which also owns Coldwell Banker and ERA Real Estate. The name comes from the Century 21 Exposition held in Seattle, Washington in 1962.

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