Archives of real estate blog entries for October 3, 2007 (Page 9)

Blog posts


The showing desk ... the competitive edge! - 02:11 AM
Omaha, Nebraska     Contributed by David Matney with Alliance Real Estate
Here is just a few thoughts on having a showing desk.  I initially was extremely skeptical and a non-believer in having this tool.  I used to believe that it was our "job" to sell the property to the agents that are calling to set up a showing.  If you would have asked me one year ago about a showing desk I would have been 100% against it. 
Here are the facts:
1)  Buyer agents just want to set up the showing.  Their buyer has already expressed interest.  If you want to tell me … (6 comments)

I've changed roles again - 12:28 PM
For the past seven years I was primarily a home builder.  For various reasons including the market's problems, we have moved off that road.
As of October 1st 2007 my primary role will be as manager of Green Pointe Development.  Green Pointe will focus on commercial and residential construction, property management and development.  This new company will allow me a fuller ability, with my partners, to develop and to build commercially.
In the next couple weeks, I'll change my blogs and websites.  New email is steve@greenptdev.com
With membership on like 16 different social sites, it may take me a while to get all … (7 comments)

Best Market In The Nation - 08:08 AM
AHHHH...Detroit Real Estate.
You hear it nationwide on CNN, daily paper article screaming on the downslide of the Michigan Marketplace. Factories closed, jobs outsourced, budget overspending. All major contributing factors to why Michigan is on the seemingly never-ending decline. That confirmation everyday to the average worker creates a new mindset for them just to survive and also opens up options to move on, move out, or look towards other avenues to create a little nest egg.
In the investment world of self employed investors, it seems that they only see and focus on opportunity within that atmosphere. We seem to have a filter … (12 comments)

Where Millionaires are made - 01:51 PM
Up here in Michigan about 45 miles North of Detroit, just East of the third most prominent county in the nation (Oakland) we have a sublte little county that rose to the top of the population charts, new construction residences, great job and business opportunities and Blue Ribbon Education. Just after the peak of that we endured what seemed to be an almost immediate shift in our states top industry. Automotive. It started slowly with layoffs, then job cuts, tried to restore itself with incentives on new car purchases. After that came the outsourcing, and then ALL of the major suppliers of these parts, metals, … (0 comments)

Transaction gone bad, next step will be mediation - 11:12 PM
A few weeks ago we were in contract and everything seem to be going smooth until my client decided to back out of the deal,  there is nothing wrong with that Unless,  the seller/broker refuses to sign for the release of deposit.  When I communicated to him the news he said " It's going to be a long time before I sign any documents to release the deposit" This is very Unethical!
He has no reason to be acting this way.  No contingencies were removed and we cancelled our contract on-time. Has anyone experienced this sort of incident before?  any tips will be greatly … (12 comments)

Transaccion rumbo a corte - 11:23 PM
Hace algunas semanas estábamos en contrato y todo  parecia ir perfecto hasta que mi cliente decidio cancelar el contrato, no hay nada malo con eso a menos que, el vendedor/broker rechace firmar por el reembolso del depósito.
 ¡Cuando comuniqué al vendedor las noticias él dijo  "va a ser un rato largo antes de que firme cualquier documento para regresar el depósito" Mala ética completamente! Él no tiene ninguna razón para que actúa de esa manera. No se quitaron ningunas contingencias y cancelamos nuestro contraton a tiempo.
 ¿Alguna persona ha experimentado esta clase de incidente antes? cualquier consejo será apreciado grandemente.
… (0 comments)

Shorsales - 11:33 PM
I've  finally decided to take a shortsale listing, all I have heard about such listings are horror stories,  is anyone out there who has had a lot of sucess with these listings?  I'm very anxious to hear about your sucess and how you did it.
My listing is vacant,  I also have an offer on hand and have not sent it to the bank as of now,  there is also another shortsale listing within two houses from my listing.
… (1 comments)

Management Shakeup in Hometown Hershey - 01:38 PM
I wrote quite a few blog posts last Winter and Spring about the Hershey Company's decision to cut jobs in the US and Canada in order to move them to Mexico. My articles mostly outlined my view that the company, in spite of the founder's desire to keep Hershey as a thriving community, was tearing apart the basic fabric of town and trampling on Mr. Hershey's Dream. And the object of my scorn was Richard Lenny (who I often refer to as Squiggy's partner in crime) who was the top manager (CEO) at Hershey.
Well, lo and behold, late Monday the Hershey Company … (0 comments)

The Wrong Way To Leave Your Broker - 05:06 PM
I was inspired to write this by a blog I read this morning (sorry, now I can't find it to reference it) about a broker having a bad week including having an agent just come in and remove their personal property without even a good-bye.
Over my ten years in the business, I worked for 3 different brokers before opening my own shop. Every time I left, I sat down with my broker or manager, discussed why I was leaving and tried to leave on good terms. Actually, one time the broker was on vacation, so I stayed another week because I respected him so … (51 comments)

Antique Auto Show In Hershey Next Week - 05:09 PM
The annual Fall Meet of the Antique Automobile Club of America starts next Wednesday, October 10, here in parking lots of Hershey Park and the Giant Center.
The automobile flea markets and car corrals are open every day at 7AM (thru Saturday) and feature literally thousands of vendors, new & used parts and collector cars on display.
As always, the toughest part of attending a big event here in town is the surface street traffic and the parking. In general, parking for the AACA events is in the grass lots on the north side of Hershey Park Drive and those along Route … (1 comments)

Why Wait for a Seller's Market in the Pascack Valley? A Real Estate Update from Pascack Valley Realtor Susan Laskin - 09:04 PM
                                          Now May Be the Time to Buy A Home in the Pascack Valley
While listening to the radio today, this Realtor heard a quote by Alan Greenspan saying that he expected the Real Estate Market to Bottom out in the very beginning of 2008, and then begin to turn around.  As we know, everyone wants to buy at the bottom of the market.  However, the only way to know when you are at the bottom of the market is after it has already turned around.  And, of course, then it's too late. 
Why wait until the ball has gone back into the … (0 comments)

12,978 Homes ... What is Typical? - 03:52 PM
In the biz we talk about market averages in terms of bedrooms, baths, square footage, garages, lot size, price, etc.  Ever wonder what these average homes look like across the country?  I do!
As of this instant there are 12,978 homes actively for sale Sacramento's MLS... The average home is offered at $350,000 and features 3bd, 2.5ba, about 1800sf, and have been on the market for about 67 days.
...And the most average of alllll the homes on the market right now in the Sacramento and her surrounding suburbs for October 3, 2007 is...
4468 Aubergine Way, Mather, CA! This MAHAM ("Most Average Home Actively on … (1 comments)

A Salesperson Is Not An Agent - 02:51 PM
… (1 comments)

What's Married Life To A Realtor Really Is....... - 11:44 AM
Last Sunday, I spoke to a caller who shared his Iggy selling experience with me. We had a cordial conversation that really led him to thinking more. He was not surprised by the things I shared with him. I turned over to my husband and shared the story. I went to the Iggy website and get to know more about their business model. My husband did too. His comments were, "You Get What You Pay For".... He is right. Especially when you paid nothing, you really cannot expect much. Not just real estate but any services in general.
So, I asked him, "So you think I'm … (14 comments)

Is It Doom & Gloom Out there? - 03:08 PM
So many reports and media talk about it's doom and gloom out there. Yikes!!! It's scaring everyone - sellers, buyers and agents as well.
I'm not a hyped up personality at all and for those of you who has seen my personality through my blogs know that I dont like the spotlight shining on me. I'm not here to talk about how great I am. Who really cares except for me and my family anyways, but .......
I am here to share positive encouragement. It is NOT DOOM & GLOOM out there. The sun still shines!
If I have to work right up to … (6 comments)

You've Got them in the Car - Now What? - 06:26 PM
In today's market, getting a buyer into the car with you to look at property is difficult enough, so you want to ensure that your trip is as productive as possible.  I have probably taken 500 or more buyers in my car since I first started in real estate in early 1997, and is now second nature for me, but occasionally I have an awkward moment or two, so perhaps you can learn from my experiences.
 First and foremost, it is important to make sure that they are pre-qualified/pre-approved for the financing.  If they are planning a cash purchase, you need … (51 comments)

Follow-up is the single most important aspect of Sales - 10:04 AM
I have been in the mortgage business for over 12 years in Olathe, KS.  I have always worked with first time homebuyers and have helped these clients grow into a 2nd and 3rd home.  My struggle has always been consistancy in non-sales follow-up.
I have tried many systems with email follow-up, mail merges, multi hundred dollar in the box systems and the list goes on and on.
Someone real smart started a company that  has helped me stay in touch.  http://www.sendactualcards.com
Sending a paper card shows you care.  Sending an electronic card usually just goes to spam or get's deleted.  Newsletters and going to … (2 comments)

Kansas City Real Estate Values dropping? - 11:00 AM
From the mortgage perspective the values of homes are not really dropping but instead they are adjusting.  If you look at a mortgage as an investment in Real Estate, you can compare the market.  Just as anything. Stocks, futures, and Real Estate, the price is driven by demand.
Demand is down right now.  I believe the media is playing a big roll in that but the values for existing homes are holding steady at 2004/2005 value.  The new home market is really getting pressure to lower prices. 
This is just the opinion of Ron Yarbrough - Kansas City Mortgage Experthttp://www.RonYarbrough.com
… (0 comments)

Buy One, Get One Free in Tuolumne County, California - 05:09 PM
Two lots. Lot 11 is 0.66 acres. Lot 12 is 0.97 acres. Plant your business in the nicest park & own your own land. No triple net lease anymore. Public water & sewer available. $590,000 71986,87 View the listing here: Buy One, Get One Free or email Sugar Pine Realty for more information. Listed by Sugar Pine Realty. In Tuolumne County Real Estate sales & service for over 30 years & still growing. We're located in the Sonora Twain Harte Mother Lode area of California, approximately 70 miles west of Yosemite. We are here to serve you! Visit our website: sugarpinerealty.com. … (0 comments)

Commercial in Historical Coulterville, Mariposa County, California - 06:13 PM
.31 acres on the Main St. of Coulterville. This is a very desirable lot in a growing town. Land such as this does not come available very often. It is zoned light commercial & can accommodate the tourist business you have in mind to build or for a residence of your choice. $98,500 m70103000 View the listing here: Commercial in Historical Coulterville or email Sugar Pine Realty for more information. Listed by Sugar Pine Realty. In Tuolumne County Real Estate sales & service for over 30 years & still growing. We're located in the Sonora Twain Harte Mother Lode area of … (0 comments)

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