This document provides information from a real estate closing, including names of people who purchased properties and agents involved in those sales. It also lists current properties on the market along with their prices and agents. Additional sections give real estate market updates and statistics. The document appears to be an internal real estate company newsletter providing information to agents.
The document announces various advertising award winners from the 2013 PALMY awards. It lists winners for best overall daily and weekly newspapers. It also provides details on award winners in categories for best advertising in weekly newspapers divided by circulation size. Finally, it outlines winners in the professional services category for newspapers divided by circulation size. The document provides the names of the newspapers, advertisements, and sometimes judges' comments for the winning advertisements.
Eric West is an experienced real estate agent who specializes in luxury properties in Colorado, Wyoming, and Kansas. He has over 8 years of experience representing discriminating buyers and sellers. Through his affiliation with Sotheby's International Realty, he is able to provide clients with global marketing exposure and services. Past clients have praised Eric for his professionalism, knowledge, and commitment to excellent customer service.
This document provides an overview of different types of housing structures and alternatives, including single-family detached homes, duplexes, townhouses, apartment buildings, manufactured housing, log homes, panelized housing, modular housing, kit houses, cohousing, and extendable homes. Key factors that determine housing structure types are the total number of units, whether units are attached, and the construction method. Potential advantages and disadvantages of different options are also briefly outlined.
The document discusses issues with satellite-based solar radiation data including inaccuracies near large bodies of water and an average error of 20%. It presents the Solar Data Warehouse as an alternative which provides higher quality hourly and daily solar radiation data from over 3000 US locations with multiple quality controls and the lowest errors of any national source. Models using the Solar Data Warehouse data could provide more accurate solar forecasts and in-season crop growth predictions compared to other sources.
This document presents an analysis of slope stability under rapid drawdown conditions and seismic loads for the Mandali Dam in Iraq. It uses the finite element software SLIDE V.6.0 to analyze the upstream slope stability during rapid drawdown from an operating water level of 182.5m to 172m. The analysis finds that the factor of safety decreases from 2.983 under normal conditions to 1.837 during rapid drawdown. Adding seismic loads of 0.07g further reduces the factor of safety to 1.376 and 1.254 for seismic loads in one and two directions, respectively. However, the upstream slope is found to remain stable even under these rapid drawdown and seismic conditions.
The document announces various advertising award winners from the 2013 PALMY awards. It lists winners for best overall daily and weekly newspapers. It also provides details on award winners in categories for best advertising in weekly newspapers divided by circulation size. Finally, it outlines winners in the professional services category for newspapers divided by circulation size. The document provides the names of the newspapers, advertisements, and sometimes judges' comments for the winning advertisements.
Eric West is an experienced real estate agent who specializes in luxury properties in Colorado, Wyoming, and Kansas. He has over 8 years of experience representing discriminating buyers and sellers. Through his affiliation with Sotheby's International Realty, he is able to provide clients with global marketing exposure and services. Past clients have praised Eric for his professionalism, knowledge, and commitment to excellent customer service.
This document provides an overview of different types of housing structures and alternatives, including single-family detached homes, duplexes, townhouses, apartment buildings, manufactured housing, log homes, panelized housing, modular housing, kit houses, cohousing, and extendable homes. Key factors that determine housing structure types are the total number of units, whether units are attached, and the construction method. Potential advantages and disadvantages of different options are also briefly outlined.
The document discusses issues with satellite-based solar radiation data including inaccuracies near large bodies of water and an average error of 20%. It presents the Solar Data Warehouse as an alternative which provides higher quality hourly and daily solar radiation data from over 3000 US locations with multiple quality controls and the lowest errors of any national source. Models using the Solar Data Warehouse data could provide more accurate solar forecasts and in-season crop growth predictions compared to other sources.
This document presents an analysis of slope stability under rapid drawdown conditions and seismic loads for the Mandali Dam in Iraq. It uses the finite element software SLIDE V.6.0 to analyze the upstream slope stability during rapid drawdown from an operating water level of 182.5m to 172m. The analysis finds that the factor of safety decreases from 2.983 under normal conditions to 1.837 during rapid drawdown. Adding seismic loads of 0.07g further reduces the factor of safety to 1.376 and 1.254 for seismic loads in one and two directions, respectively. However, the upstream slope is found to remain stable even under these rapid drawdown and seismic conditions.
1. Coldwell Banker is the #1 real estate company in Colorado and throughout the United States.
2. They pledge to deliver remarkable service and create exceptional real estate experiences for customers.
3. Coldwell Banker has various marketing resources that provide exposure for listings, including professional photography, advertisements in magazines, direct mailers to neighbors, and television commercials.
This document provides an overview of Keller Williams' real estate listing and marketing consultation services. It discusses the differences between a consultant and agent, key objectives in selling a home, sources of buyers, marketing strategies, pricing factors, and the home selling process. The focus is on educating homeowners to price their home competitively and expedite the sale through proper marketing and handling of offers.
Earnshaw & Co. is a real estate team within Reece & Nichols Realtors that has sold over 3,500 homes since 1998 in Kansas and Missouri. The document discusses how the team educates clients on all aspects of the buying and selling process. It also details how the team provides extra support through a minimum of three agents assigned to each transaction. The team believes in providing service "whenever/wherever" and allows clients to cancel their contracts at any time if dissatisfied.
Earnshaw & Co. is a real estate team within Reece & Nichols Realtors that has sold over 3,500 homes since 1998 in Kansas and Missouri. The document discusses several aspects of the services provided by Earnshaw & Co.: they thoroughly educate clients on all aspects of the buying and selling process; they assign each transaction a minimum of three agents for full coverage and service; and they promise to help clients however and wherever needed throughout the real estate experience. The team prides itself on providing extraordinary service to clients and wants clients to be fully informed and satisfied with their representation.
- The document appears to be notes from a weekly sales meeting that includes listings and prices for properties, upcoming open houses, marketing webinars, and reminders about processes like submitting escrow funds and recruiting new agents.
- It provides property listings for the week with addresses, prices, listing agents, and upcoming open houses.
- It also discusses company news such as recruiting incentives, marketing webinars, and reminders about submitting escrow funds and the homebuyer tax credit.
This document provides information about Keller Williams Realty and real estate agent Deidre Avery. It summarizes Keller Williams' founding, culture of success through teamwork and customers first, and being the 3rd largest real estate company in North America. It also outlines Deidre Avery's marketing strategies and services for listing and selling homes, including guidance on pricing, inspections, and the home selling process from listing to close.
This document provides information about Keller Williams Realty and real estate agent Deidre Avery. It summarizes Keller Williams' founding, culture of success through teamwork and customers first, and being the 3rd largest real estate company in North America. It also outlines Deidre Avery's marketing strategies and services for listing and selling homes, including guidance on pricing, inspections, and the home selling process.
This document discusses the roles and responsibilities of real estate consultants versus agents. It outlines key objectives in a real estate transaction such as pricing a home at its fair market value and timing the sale within a desired period. It also provides tips for preparing a home for sale, marketing strategies, and guiding a sale through inspections and closing.
This document is a comparative market analysis prepared by Ken Brazil for Mr. and Mrs. Client regarding the value of their home. It provides an adjusted market analysis that accounts for differences between comparable properties and the client's home to more accurately indicate an appropriate price range. The analysis also outlines the current real estate market conditions and Ken's plan to market the home to attract qualified buyers quickly. Ken emphasizes the importance of pricing the home correctly and preparing it for sale in "showcase" condition to compete with other listings.
The RE Investment News is the monthly newsletter for Mid-America Association of Real Estate Investors serving the real estate investment communities in KS & MO since 2004. Visit our website to learn more at www.MAREI.org
The document discusses seller financing options for real estate transactions. It provides an overview of different types of seller financing agreements like contract for deed, lease options, and AITD. It also discusses the benefits of seller financing for buyers and sellers, as well as the importance of customizing agreements, educating parties, and obtaining proper legal advice for each transaction. The document encourages real estate agents to educate themselves and others on seller financing to expand their client pool and increase successful transactions.
You'll Retrieve Goldem Results with Cheryl Ritchie, RE/MAX Leading Edge, for all your Southern Maryland and Southern Anne Arundel County Real Estate Services in 2020.
This document provides an overview of the home buying process in 6 steps: 1) determining financial comfort zone, 2) getting pre-approved, 3) outlining location and housing requirements, 4) beginning the home search, 5) making and negotiating an offer, and 6) completing the transaction. It then defines key terms like mutual acceptance, inspection, and closing. The remainder of the document discusses financial considerations like determining an affordable price range based on income, understanding credit reports and loan types, and identifying all associated costs of buying a home.
Buying a Home is the largest and in many cases the most important financial decision we ever make. That's why we put together this 2016 Home Buyer Guide. Our goal with this comprehensive guide is to educate and empower you to make informed and confident decisions about your home buying process.
The document provides information about the home selling process from RE/MAX real estate agents Gina and Tom Howarth. It discusses preparing the home for sale, showing procedures, pricing strategies, and the steps after an offer is accepted. The goal is to guide homeowners through selling their most important asset and ensure their complete satisfaction.
This summary provides an overview of the key points from a regional sales meeting document:
1. The document outlines 10 must-do action items for real estate agents in 2010, including engaging in social media, harnessing face-to-face interactions, and creating a sense of urgency around an expiring federal tax credit for home buyers.
2. Housing market data is presented showing signs of stabilization with home prices declining more slowly and affordability remaining high.
3. Top performing agents in terms of sales, listings, and revenue units are recognized for the current month.
Building Your Database and Expanding Your Sphere of InfluenceTom Blefko
This document discusses strategies for real estate agents to build and maintain their client database in order to generate repeat and referral business. It provides statistics on how buyers and sellers typically find realtors and recommends that agents (1) establish a client database, (2) regularly update their clients, and (3) continuously engage with clients in order to increase the likelihood of capturing repeat and referral commissions that can significantly boost their income over time. Various formulas are presented to illustrate how larger database sizes can translate into substantial additional annual commission earnings potential.
Tenant turnover is expensive. It can cost you as much as $3,225 to turn over a two-bedroom, 1,000 square foot unit. Evictions? Those expenses can total up to $10,000 in some areas. With the majority of move-ins happening in June, July and August, now is the perfect time to discuss the 3 simple steps you can take to avoid the high-cost of tenant turnover.
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaonglobalsignature2022
Signature Global TITANIUM SPR launched a high rise apartments in Gurgaon . In this project Signature Global offers 3.5 & 4.5 BHK high rise Apartment at sector 71 Gurgaon SPR Road. Signature Global Titanium SPR is IGBC Gold certified, a testament to our commitment to sustainability.
1. Coldwell Banker is the #1 real estate company in Colorado and throughout the United States.
2. They pledge to deliver remarkable service and create exceptional real estate experiences for customers.
3. Coldwell Banker has various marketing resources that provide exposure for listings, including professional photography, advertisements in magazines, direct mailers to neighbors, and television commercials.
This document provides an overview of Keller Williams' real estate listing and marketing consultation services. It discusses the differences between a consultant and agent, key objectives in selling a home, sources of buyers, marketing strategies, pricing factors, and the home selling process. The focus is on educating homeowners to price their home competitively and expedite the sale through proper marketing and handling of offers.
Earnshaw & Co. is a real estate team within Reece & Nichols Realtors that has sold over 3,500 homes since 1998 in Kansas and Missouri. The document discusses how the team educates clients on all aspects of the buying and selling process. It also details how the team provides extra support through a minimum of three agents assigned to each transaction. The team believes in providing service "whenever/wherever" and allows clients to cancel their contracts at any time if dissatisfied.
Earnshaw & Co. is a real estate team within Reece & Nichols Realtors that has sold over 3,500 homes since 1998 in Kansas and Missouri. The document discusses several aspects of the services provided by Earnshaw & Co.: they thoroughly educate clients on all aspects of the buying and selling process; they assign each transaction a minimum of three agents for full coverage and service; and they promise to help clients however and wherever needed throughout the real estate experience. The team prides itself on providing extraordinary service to clients and wants clients to be fully informed and satisfied with their representation.
- The document appears to be notes from a weekly sales meeting that includes listings and prices for properties, upcoming open houses, marketing webinars, and reminders about processes like submitting escrow funds and recruiting new agents.
- It provides property listings for the week with addresses, prices, listing agents, and upcoming open houses.
- It also discusses company news such as recruiting incentives, marketing webinars, and reminders about submitting escrow funds and the homebuyer tax credit.
This document provides information about Keller Williams Realty and real estate agent Deidre Avery. It summarizes Keller Williams' founding, culture of success through teamwork and customers first, and being the 3rd largest real estate company in North America. It also outlines Deidre Avery's marketing strategies and services for listing and selling homes, including guidance on pricing, inspections, and the home selling process from listing to close.
This document provides information about Keller Williams Realty and real estate agent Deidre Avery. It summarizes Keller Williams' founding, culture of success through teamwork and customers first, and being the 3rd largest real estate company in North America. It also outlines Deidre Avery's marketing strategies and services for listing and selling homes, including guidance on pricing, inspections, and the home selling process.
This document discusses the roles and responsibilities of real estate consultants versus agents. It outlines key objectives in a real estate transaction such as pricing a home at its fair market value and timing the sale within a desired period. It also provides tips for preparing a home for sale, marketing strategies, and guiding a sale through inspections and closing.
This document is a comparative market analysis prepared by Ken Brazil for Mr. and Mrs. Client regarding the value of their home. It provides an adjusted market analysis that accounts for differences between comparable properties and the client's home to more accurately indicate an appropriate price range. The analysis also outlines the current real estate market conditions and Ken's plan to market the home to attract qualified buyers quickly. Ken emphasizes the importance of pricing the home correctly and preparing it for sale in "showcase" condition to compete with other listings.
The RE Investment News is the monthly newsletter for Mid-America Association of Real Estate Investors serving the real estate investment communities in KS & MO since 2004. Visit our website to learn more at www.MAREI.org
The document discusses seller financing options for real estate transactions. It provides an overview of different types of seller financing agreements like contract for deed, lease options, and AITD. It also discusses the benefits of seller financing for buyers and sellers, as well as the importance of customizing agreements, educating parties, and obtaining proper legal advice for each transaction. The document encourages real estate agents to educate themselves and others on seller financing to expand their client pool and increase successful transactions.
You'll Retrieve Goldem Results with Cheryl Ritchie, RE/MAX Leading Edge, for all your Southern Maryland and Southern Anne Arundel County Real Estate Services in 2020.
This document provides an overview of the home buying process in 6 steps: 1) determining financial comfort zone, 2) getting pre-approved, 3) outlining location and housing requirements, 4) beginning the home search, 5) making and negotiating an offer, and 6) completing the transaction. It then defines key terms like mutual acceptance, inspection, and closing. The remainder of the document discusses financial considerations like determining an affordable price range based on income, understanding credit reports and loan types, and identifying all associated costs of buying a home.
Buying a Home is the largest and in many cases the most important financial decision we ever make. That's why we put together this 2016 Home Buyer Guide. Our goal with this comprehensive guide is to educate and empower you to make informed and confident decisions about your home buying process.
The document provides information about the home selling process from RE/MAX real estate agents Gina and Tom Howarth. It discusses preparing the home for sale, showing procedures, pricing strategies, and the steps after an offer is accepted. The goal is to guide homeowners through selling their most important asset and ensure their complete satisfaction.
This summary provides an overview of the key points from a regional sales meeting document:
1. The document outlines 10 must-do action items for real estate agents in 2010, including engaging in social media, harnessing face-to-face interactions, and creating a sense of urgency around an expiring federal tax credit for home buyers.
2. Housing market data is presented showing signs of stabilization with home prices declining more slowly and affordability remaining high.
3. Top performing agents in terms of sales, listings, and revenue units are recognized for the current month.
Building Your Database and Expanding Your Sphere of InfluenceTom Blefko
This document discusses strategies for real estate agents to build and maintain their client database in order to generate repeat and referral business. It provides statistics on how buyers and sellers typically find realtors and recommends that agents (1) establish a client database, (2) regularly update their clients, and (3) continuously engage with clients in order to increase the likelihood of capturing repeat and referral commissions that can significantly boost their income over time. Various formulas are presented to illustrate how larger database sizes can translate into substantial additional annual commission earnings potential.
Tenant turnover is expensive. It can cost you as much as $3,225 to turn over a two-bedroom, 1,000 square foot unit. Evictions? Those expenses can total up to $10,000 in some areas. With the majority of move-ins happening in June, July and August, now is the perfect time to discuss the 3 simple steps you can take to avoid the high-cost of tenant turnover.
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaonglobalsignature2022
Signature Global TITANIUM SPR launched a high rise apartments in Gurgaon . In this project Signature Global offers 3.5 & 4.5 BHK high rise Apartment at sector 71 Gurgaon SPR Road. Signature Global Titanium SPR is IGBC Gold certified, a testament to our commitment to sustainability.
36,778 sq. ft. building; Zoning: SE (Suburban Employment): The (SE) District allows numerous commercial site uses; Passenger elevator; Private and common restrooms; Fully sprinkled; Data center with a grounded floor and a specialized HVAC system; 60 KVA back-up generator; Building/pylon signage; Potential to purchase adjacent parcels; Sale Price: $4,413,360
Andhra Pradesh, known for its strategic location on the southeastern coast of India, has emerged as a key player in India’s industrial landscape. Over the decades, the state has witnessed significant growth across various sectors,
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptxneilahuja668
Anilesh Ahuja journey is a testament to the power of vision, resilience, and unwavering determination. As a visionary leader, he continues to inspire and empower others to dream big and challenge the status quo. His legacy extends far beyond the realm of real estate, leaving an indelible mark on the industry and the world at large.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
Why is Revit MEP Outsourcing considered an as good option for construction pr...MarsBIM1
Outsourcing MEP modeling services require effective collaboration and coordination amongst multiple engineering trades. The engineers and the designers often change the details of the MEP projects, but the work of Revit MEP drafting services is having the master plan and model of the complete project. To have proper coordination and installation, there is a need to execute the project effectively. Hence, the work of Revit family creation facilitates the MEP engineers.
Listing Turkey - Piyalepasa Istanbul CatalogListing Turkey
We are working around the clock to transform a long-time dream into reality. As a result, Piyalepasa Istanbul will be the largest privately developed urban regeneration project in Turkey.
THE NEIGHBORHOOD WE HAVE BEEN LONGING FOR IS COMING TO LIFE
The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
A NEIGHBORHOOD FULL OF LIFE, IN THE HEART OF THE CITY!
“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
https://listingturkey.com/property/piyalepasa-istanbul/
2. Congratulations to:
Elizabeth / J. (3) Larry Wright (2)
Elizabeth Mc. Keith Allison
Allison Walker David Collins
Christie Sox (3) Debora Barnes
Mike LeGate Carol Zimmer.
Jacqueline Burg
Is there anything you learned from this closing that you want to share?
3. On the Market
130 Ash Avenue $65,900 Christie Sox
313 Brown Wren Way $212,000 Debora Barnes
909 Forest Ridge Circle $224,900 Jacqueline Burg
2205 Ridgecrest Drive $129,900 Carol Zimmerman
1762 Old Highway 68 $49,900 McDaniel/Corbitt
107 w. Copeland Drive $115,000 McDaniel/Corbitt
1443 Oak Haven Road $245,000 Mary-Ann Linkowski
2010 Maple Drive $129,900 Carol Zimmerman
6113 Fresh Garden Drive $269,900 McDaniel/Corbitt
What is the Best Feature of your New Listing and the Source?
4. On the Market
Condos
7336 English Park Way $149,900 Gene Sims
Lots / Acreage
144 Queen Street $8,500 McDaniel/Corbitt
What is the Best Feature of your New Listing and the Source?
5. Market Confidence Meter
August pending home
sales rose 10.7 percent
from a year earlier,
according to the National
Association of Realtors.
6. Price Improvements
8522 Richland Colony Rd $184,900 > $174,900 Christie Sox
8107 Jack Russell Court $185,000 > $179,900 Sam Thomas
124 Lynwood Drive $64,000 > $59,900 McDaniel / Corbitt
3015 Springtime Way $145,000 > $139,000 Jacqueline Burg
3820 Kenilworth Drive $140,000 > $133,500 Carol Zimmerman
111 Caldwell Drive $152,000 > $122,000 McDaniel/Corbitt
260 Oakwood Estates Dr. $192,000 > $172,500 Dottie Webb
8. Market Confidence Meter
According to the Standard
& Poor’s Case-Shiller
index, in July home prices
rose in all 20 cities tracked,
the third consecutive month
in which that was the case.
9. Birthdays
Mike LeGate
10/01
Allison Walker
10/12
10. Market Confidence Meter
HUD reported that sales
of new homes were up
27.7 percent year-over-
year in August.
11. Opportunities for New Business for Our Office
Opportunity Week 2012
Open House guests 0 312
Weichert Lead Network customers 19 797
WRAPTN.com Market Leader 21 703
Expired Listings – Knox Co. 44 1443
Other opportunities 12 378
TOTAL: 96 3740
12. Market Confidence Meter
The Conference Board’s
consumer sentiment index
increased to the highest
level in seven months in
September.
14. Three Months to Get Ethical
Well, we're actually not serious with that headline, since we expect all of our members to be
ethical all of the time!
BUT ...only three months DO remain until all TAR members must have completed a 3-
hour local-association-approved course in the Code of Ethics within the past four
years!
As we keep telling people, this has ABSOLUTELY NOTHING to do with your license, or
CE requirements, or the Core Course!
And NOBODY is grandfathered or exempt from this Ethics Course requirement!
The requirement that every Realtor in the country take a 3-hour course in the Code of Ethics
at least once every four years is a NATIONAL requirement that NAR established some
time ago, to ensure that every Realtor in the U.S. remains somewhat up-to-date on their
responsibilities under the Realtor Code of Ethics. The current 4-year cycle for complying
with this mandate began on January 1, 2009, and ends on December 31, 2012!
15. Company News
WRRI Named Relocation Management
Company Of The Year
• Weichert Relocation Resources Inc. was named Relocation Management
Company of the Year by the Forum for Expatriate Management at its
Expatriate Management and Mobility Awards (EMMA) ceremony.
• The judging panel, made up of mobility professionals from a wide range
of global corporations, cited service excellence and “robust structure
and culture” among the company’s critical competitive distinctions.
16.
17.
18. HOT LINE: Must Bank Accept Full-Price Offer?
QUESTION: I have a client that made an offer listed in
the MLS. It is a short sale. We made almost a full-price
offer, but the listing agent has stated the lender is
unwilling to accept this because they have too much
money in the property. If we make a full-price offer, as
it is listed in the MLS, it is my understanding that the
lender cannot reject this offer. Is that correct?
19. ANSWER: The answer is probably no. Often, the bank
will not advise the seller as to what they will accept on
a short sale. Therefore, the seller is trying to determine
a list price which the bank will accept, but is aggressive
enough that they can beat the foreclosure. This
sometimes leads to a list price that, even if met, the
bank will not approve. This does not necessarily mean
that either the seller or the agent has done anything
wrong. It is only an issue if that home is priced so low
that it is completely illogical for the bank to accept.
20. ANSWER: At this point, your buyer can make another
offer (full price or above) and wait to see if the lender
will approve it.
Unfortunately, in short sales, the lender is in control. This
often means a long process in which the buyer is not
sure of anything until the last minute. It is not for the
faint of heart. However, buyers often get very good
deals on these types of properties, and this is the
trade-off.
21. HOT LINE: Buyer To Verify Square Footage?
QUESTION: It is my understanding that the buyer is
responsible for verifying the square footage of a
property through an appraiser. Is this correct?
22. ANSWER: Generally speaking, yes. If a TAR Purchase and Sale
Agreement is used, there is language within it which puts the buyer on
notice that if they have concerns about the square footage, they should
get independent expert advice:
"Lines 286-297:
10. Disclaimer. It is understood and agreed that the real estate firms and
real estate licensee(s) representing or assisting Seller or Buyer and their
brokers (collectively referred to as "Brokers") are not parties to this
Agreement and do not have or assume liability for the performance or
nonperformance of Seller or Buyer. Buyer and Seller agree that Brokers
shall not be responsible for any of the following, including but not limited
to those matters which could have been revealed through a survey, flood
certification, title search or inspection of Property;
23. for the condition of Property, any portion thereof, or any item therein; for the
necessity or cost of any repairs to Property; for hazardous or toxic
materials; for the tax or legal consequences of this transaction; for the
availability, capability, and/or cost of utility, sewer, septic, or community
amenities; for applicable boundaries of school districts or other school
information; for the appraised or future value of Property; square footage
of Property; any condition(s) existing off Property which may affect
Property; for the terms, conditions, and availability of financing; and/or for
the uses and zoning of Property whether permitted or proposed. Buyer
and Seller acknowledge that Brokers are not experts with respect to the
above matters and that, if any of these matters or any other matters are of
concern to them, they should seek independent expert advice relative
thereto."
24.
25. 3 Ways to Get More Listings
What does it take to attract
more listings in today's
competitive market? Real estate
coach Tom Ferry shared his
insights at Agent Reboot this
summer with a mix of the best
of the old infused with a 2012
twist.
26. Skip open house and head to Starbucks
Are you tired of sitting at open houses where you get
virtually no traffic? If so, instead of dealing with those
cumbersome open house signs, Ferry suggests spending an
hour or two at Starbucks.
His reasoning: First, Starbucks attracts more traffic than any
open house. Second, you have an opportunity to have
conversations with people who live in the local area. Third,
there is a good chance you may run into past or current
clients who may be with friends or family. It's a great
opportunity to meet face to face without having to
manufacture an excuse about why you are contacting him or
her and asking for a referral.
27. Skip open house and head to Starbucks
When you do end up speaking to a stranger, don't
try to hard close this person on your services.
Instead, be curious. You can start by asking about
his or her favorite Starbucks drink. You can also
ask what he or she likes about living in this area.
What are the drawbacks? If the stranger asks
about the market, be prepared with specific facts
and figures.
28. "Direct mail on the rise by agents who are crushing it"
Ferry encourages agents to consider
going back to using direct mail. The U.S.
Postal Service's direct-door bulk rate is
only 14.5 cents. If the other agents in your
area are no longer mailing, then making a
shift back to direct mail can be a smart
move. You need to be strategic, however,
in terms of how you do it.
29. "Direct mail on the rise by agents who are crushing it"
Instead of sending the typical agent
postcard with the glam photo of you on it,
use the postcard to let people know about
the family who lost out on the multiple-
offer situation and is still looking for a
home in their area. Remember, the best
advertising for your business is not a
"Just Listed" card -- it's a "Just Sold" card
30. Hold a private open house luncheon for the neighbors
Ferry outlined a five-day plan for using
this strategy. The first step to keep in
mind is that your No. 1 goal is to get a
listing. Since approximately 1 out of every
7 homeowners will move this year, if you
have 28 neighbors who attend your open
house luncheon, you have a probability of
speaking with four potential listing leads.
In terms of Ferry's plan, here's what he
recommended:
31. Hold a private open house luncheon for the neighbors
Monday: Record a video invitation inviting
neighbors to the open house.
Tuesday: Email the information to your
personal database. You can also ask the seller
to email it to her neighbors and friends as
well.
Wednesday: Have the seller post the open
house luncheon to her Facebook page.
Thursday and Friday: Knock on 100-200 doors
inviting them to attend your open house.
32. Hold a private open house luncheon for the neighbors
When you hold the open house luncheon,
have information available on what is
happening in their local neighborhood --
what has sold, what is pending, plus
upcoming neighborhood events. Better yet,
have it either bound in an attractive
notebook or in a PDF version downloadable
to their iPhone.
33.
34. Another Listing Opportunity
Ordinarily, if all or part of a home loan
is forgiven by the lender, either in a
short sale or foreclosure, the amount
forgiven is taxable income. Thus, for
example, a homeowner who had
$100,000 in mortgage debt forgiven
through a short sale would have to pay
income tax on the $100,000.
35. Another Listing Opportunity
However, Congress adopted
the Mortgage Debt Relief Act of
2007 to save millions of underwater
homeowners from this tax disaster.
Under the Act, homeowners can
exclude from their taxable income up
to $2 million of debt forgiven on their
principal residence during 2007
through 2012.
36. Another Listing Opportunity
The Act applies to debt reduced through
mortgage restructuring, as well as forgiven in
connection with a foreclosure.
But the Mortgage Debt Relief Act expires on
January 1, 2013. Any mortgage debt forgiven
after that date will be fully taxable, unless the
Act is extended. To avoid this deadline, a home
must not only be sold before the deadline, but
the lender must formally forgive the loan in a
letter issued before January 1, 2013.
37.
38. A gathering of the Weichert Family from
across the US in one of America’s most
legendary cities…Atlantic City, NJ!
41. “Come Together”
The Weichert® National Convention
October 16 - 18, 2012
Register now at www.WeichertEvents.com/Convention. Enrollment is only $369/person.
Special room block at the Tropicana Resort.
Book now, limited availability.
Call 800-345-8767 and reference the code HWRE or book your room online at:
http://tinyurl.com/weichertconventionrooms.