S.E.C. Real Estate Observer

In Part I of this article, “Pricing Real Estate The Key For Results,” the term “Cap Rate” to structure an income property value was noted as well as the ability to utilize “creative formulas” to structure a property; acquisition should there be a question as to the price/value of the property. First an overview as to what is the “makeup of a Cap Rate” will be presented, and will then be followed by a sample illustration of two “creative formulas” that I personally had the ability to apply to a successful transaction [...]

In one way or another, we have encountered and/or studied something about counseling. We have then been told how important, in fact crucial, counseling is to a successful real estate practice. But alas, the most important ingredient to effective counseling is often glossed over, underrated or just plain forgotten - LISTENING. But what has THAT got to do with counseling?! [...]

I had negotiated a price of $295,000 on 4+ acres of unimproved commercial land in southern California. The buyers were willing to pay $52,000 cash down and wanted the sellers to carry the $243,000 balance on a note secured by a first deed of trust with payments of $2,478.49 or more per month including 8.5% interest with the entire balance due and payable in ten years from close of escrow [...]

In my opinion, the problem is that there is no logic in our economy - nothing to hang any facts on. I feel this to be the main problem. [...]

This article was published with Michael Soon Lee’s permission. We appreciate his contribution to the S.E.C. Observer.
Over 60% of all homebuyers in America today are minorities according to the National Association of REALTORS®. There are over one million people from overseas coming into the United States every year and they all want to show friends [...]

January 15, 2020
As one of the elder statesmen of the Society, I am most pleased to welcome so many current and former S.E.C.’s and their families to this unique and special occasion. The Society celebrates its sixth decade in existence and has honored that milestone in the form of this fabulously, imaginative architectural facility coupled [...]

Photo Credits:
Fort Worth Business Press
(July 10, 2006);
Copyright © 2006
by Fort Worth Business Press.
by Jenny Eure
Fort Worth Business Press
July 10, 2006
Real estate guru Bill Stonaker is a warrior. The Vietnam vet recently battled cancer. Now, he is fighting for his right to develop a $300-million-dollar property northwest of Fort Worth.
Bill Stonaker goes 100 miles per hour, [...]

I just refilled my Gatorade on the rocks, and decided to tune into my favorite watering hole on the net…. island music just seems right tonight and Margaritaville is just a state of mind anyway. Properly prepared, I then sat down to write this note.
You see, I promised Jackie Hellingson I would write something for [...]

Colleagues, friends, family members, employees, real estate brokers, and developers gathered together for the 2006 annual meeting of the CCIM Kansas Chapter, at Crestview Country Club on Friday, December 1, 2006; to honor long time S.E.C. member, Jack Hunt, with a lifetime achievement award. Also present were S.E.C. members, Colby Sandlian, Rod Stewart, Leo Goseland, [...]

As I get ready to return to the USA after seventeen days in China, I thought that I should share some of my thoughts of this country.
I visited China on a trip organized by the CCIM organization for the purpose of meeting counterparts in China, regional/local developers, and to educate ourselves somewhat as to what [...]