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Memphis, TN

Google Yourself!

Memphis Real Estate - Joe Spake: Real Estate Agent in Memphis, TN

A good way to keep up with your web presence is to Google search your own name. Your name should be attached to your listings, your social media accounts, blogs, and websites, and should show up in a search in conjunction with them. Does your name dominate the first few pages of the search? I always tell potential clients to Google me and my competition before making a decision.

Consumers, if you are trying to decide on an agent or vendor, Google their name. The results might be quite revealing.

David Cam : Uncensored 'Live' On the Air

David Saks - Real Estate Broker: Real Estate Agent in Memphis, TN

Http://David1.Camarades.Com

Check out my WebCam Theater and catch me sitting in the coffee house, waiting for the gym to open, at home, in the office working or surfing the web.

I'm not always broadcasting, but if I am I'll post !

Here's the link: Http://David1.Camarades.Com\

Bookmark it, come in and say hi when I'm online.

I'll try to log in when I'm around in the morning or whenever I have time to log in.

Thanks for checking me out ! Message me and I'll wave to you if I'm online.

Hope everyone is having a great week !

-David-

Real Estate Math Class : Lesson 103

David Saks - Real Estate Broker: Real Estate Agent in Memphis, TN

math

A lot is 326.7 feet long and 200 feet wide is is up for sale.

The selling price is 50000 dollars an acre

What is the selling price of the property ?

The answers and solution are below the wildlife photo. Please take your time.

wildlife

A. $75,000

Let's multiply 326.7 times 200 first to get our square footage. We find that we have 65,340 square feet.

Since 43560 square feet equal an acre, let's divide 43560 into 65340 and we find that we have 1.5 acres of land.

Since the selling price is 50000 dollars an acre, let's now multiply 1.5 time 50000 and we find that our price for the parcel of land in $75000.

Real Estate Math Class : Lesson 102

David Saks - Real Estate Broker: Real Estate Agent in Memphis, TN

math

The value of a lake house at the end of six years is estimated to be $76,500.

What was the original cost of the house if the yearly rate of depreciation is 6.5% ?

Answers are posted below the wildlife photo. Please take your time.

wildlife

A. $90,000

Let's consider the annual depreciation rate of 2.5% first. If this rate was applied for six years to the house multiply 6 times 2.5% to get a total depreciation of 15%.

Now let's subtract the 15% from 100% to get 85% or .85 which is represents the percentage of the original price which is $7,650.

Now, if we divide the 85% or .85 into the estimated depreciated price of $7650 we get $90,000, which is the original cost of the house.

Did you get stuck ? :-)

Real Estate Math Class : Lesson 101

David Saks - Real Estate Broker: Real Estate Agent in Memphis, TN

A loan is dated April 15th, 2008. The amount of the loan is $17,000. The interest rate on the loan is 5% and the interest is payable quarterly. None of the interest has yet to be paid on the loan.

How much interest will be due on the loan if the interest is applied and becomes due on January 15th, 2009 ?

Answers are posted below the wildlife photo. Please take your time.

wildlife

A. $637.50

First, find the interest on 17k at 5% by multiplying 17,000 times .05 and we get $850.

Now divide 850 by twelve months and we get $70.8333.

Next multiply $70.8333 times nine months (April 15th to January 15th) and we get $637.50.

9/12 also equals 3/4 or 3 quarters of the interest. Each quarterly interest payment would have been $212.50.