Parallel business models that play an integral part are: Mortgage & Financing, Title and Escrow services, and a wide category of additional providers called Ancillary Services. Ancillary Solutions include homeowner insurance that cover flood insurance, tax certification and home owners' warranty (HOW), legal services and documentation that relates to home repair and improvement, painting, heating and air conditioning (HVAC) landscaping, appliances, property and mechanical inspections municipal utilities districts (MUDS), home owners associations, and notices to the general public that I'm breathing heavily. It's easy to understand. Real estate that is improved is a complex matter, with many different players which make up the way in which property is purchased, sold, financed, transferred and ultimately utilized.

In looking for who or "who" or "what" that exercises control of the industry, it is important to consider the function of organizations that are quasi-governmental, or government-regulated. Fannie Mae as well as Freddie Mack were created to help and regulate the flow in mortgage financing dollars , and also to maintain security to the mortgage industry. Oops! Ginny Mae ensures prompt repayment of the investor's loans it guarantees. These guarantees are offered via Mortgage Backed Securities (MBS) or loans pools with VA and FHA originate mortgages. This is because the Department of Housing and Urban Development (HUD) gives regulatory supervision, while the Treasury gives out a periodic bail out. This set of entities was formed because they have specific powers and influence over the technical, legal and procedural aspects of the industry. They do not determine "how" things are done within the procedure. The private sector has the final say on "how" things are done.

Any management as well as "ownership" of this market is then a matter for this private sector. Identifying who is the "who" (forgive me Dr. Seuss) can be done with ease. In general, the components of the real estate market can be categorized roughly into four distinct areas. Let's name them:

1. New Construction

* Commercial

* Industrial

* Single Family Residential

* Multifamily

* Pre-fabricated Structures

2. Resale

* Existing Buildings

* Existing Homes

* Other

3. Mortgage and Financing

* Construction Financing

* Mortgage Financing

* Refinancing

4. Title, Escrow and Ancillary Services

* Title Insurance Companies

* Title Insurance and Escrow Agents

* Legal and Documentation

* Recordation or Registration

* All Ancillary Services

These four categories are called industries or business models within the real estate game. The major companies that operate within these categories would have an understanding of how to link dots and complete the deal. Each one also has certain control or influence over their respective parts of the process. There are many large players in these sectors, and they fight fiercely. There exists no such thing as an industry-wide standard that can define "how" the component business models work together, but there ought to be. The number of redundancies and inefficiencies make the process separated, paper-bound and mistakes can be very complicated to correct. The intensity of the process alone results in higher costs and requires more control. A seamless integrated solution will alter all that, and as a byproduct can attain what others are unable to achieve - a commoditization process of the real property market.

The terms "transaction coordination," "transaction facilitation," and "transaction integration" were coined along with an attempt to simplify and integrate the process. This was a misguided attempt to gain some level that would allow for some control. To gain an advantage the players offer partial solutions towards the industry standard. They usually tie their solutions to their own software design by means of bridges, which invite agents and customers to join. They're not universal as they don't reach a large enough cross section of market participants, http://rylanrkrb668.simplesite.com/451118567 and don't offer a sufficient universal solution.

Homebuilders focus on competing against other builders of homes Realtors compete with other realtors; mortgage lenders compete against other mortgage lenders and competition is intense between the title and escrow service providers. If one participant comes with a solution that enhances the way they do business but is not a solution, they will want it to be a secret. The competition would be reluctant to accept it and it would not consider it an option.

Fannie, Freddie, Ginny, HUD and any governmental agency has a unique mission. A concept age visionary can be the one who can combine all the elements that can provide an international solution and in the doing of it, ownership of the thread as well as commoditization of real estate can be achieved. A good platform will benefit all those who participate. It is the idea to streamline the process to the level that its use becomes effortless, almost like a viral phenomenon. If you do not use it, you're not using it. Soft Sell has the concept of vision and knowledge to create this platform.

If you have an ideal development partner this solution and platform can be brought to market in real-time. If the real estate and financial markets experience a long-lasting recovery, Soft Sells solution would be in place to provide the necessary structure to bring about revolutionary changes. As an aside, Fannie, Freddie and virtually every major bank has a portfolio of short sales and foreclosures that are expected to expand. It could be a few years until these are recycled. Soft Sell would be an ideal tool to manage these assets throughout the process.

You've decided to pursue a desire and venture into selling real estate. In the beginning, you might feel some confusion. This feeling by taking your time and writing out some goals - long in the long run and for the short term, both. There could be even the daily goals you've set yourself.

If you're already working active in real-estate, begin your goal-setting session by reviewing your current position. Estimate your property's income by averaging your sales last year. Any further time will cause your numbers to be distorted as the market was fragile.

Choose how much revenue you'd like from your sales. Do you plan to go on trips or vacations? Are you saving money for college for your kids? Perhaps you'd like to retire sooner? Perhaps you're just looking to make a good living. Regardless of your choice you should let it be your guide.

You will want to compare the income you envision to your actual earnings per property you have calculated. If they're pretty close to each other, your goal-setting session will focus more on enhancing the things you are doing. If you're not or are just getting started, your plan will be more precise. You'll have to establish your target market, identifying your clients, and then the calculation of your commission rate.

If you're earning less than you should to make a profit, consider selling more or more expensive properties. As you progress to the expensive homes you will be able to list fewer houses , and still earn good income.

Particularly when you're brand new within the area, you'll want to know both your strengths and your weaknesses. They may be related to personality or you're in need of upgrading your technology. Perhaps your marketing strategy needs to be redesigned. It is also advisable to make the effort of networking at community events. Make sure to remember that not every meeting is a potential sale.

There are plenty of literature available on how to identify your strengths and harness them to your fullest advantage. It is helpful to refer back to them , and to do a review from time to time. When we live our lives our focus shifts, and understanding how to change and follow the flow assists us in maximizing our effectiveness.

You should be sure to check in on your plan regularly to assess your progress. Don't hesitate to make any changes on your plans. The market could shift or you could acquire a business partner. This could drastically alter your business plan. You may find yourself feeling like it's a slow pace, so it's time to establish new goals and raise the bar.

You've written the goals down, did you? It will make the review process much simpler to pull off the goals page and read it. Goals aren't a capsulethat is meant to be built and then put away in 30 years. Goals are a living thing. They must also be built on the factors you have control over. Set goals based on the assumption that the employment figures will suddenly rise will create frustration.

It doesn't matter where you're within the real estate business whether you're a novice or a experienced veteran, you can benefit of a goal-setting process. Take the time and do this for yourself, you'll be glad you did.