Archives of real estate blog entries for November 15, 2007

Featured blog posts


Hold on to Your Hats - Mortgage Interest Rates are About to Drop - 06:57 PM
Hold on to your hats, interest rates are about to get a whole lot better. The past 2 weeks have been a back and forth battle for direction in both the stock and bond markets. It seems that one day stocks would be flying high and bonds were tanking, and the next it would be the exact opposite. It has all been about the direction of the economy and whether the real estate mess was behind us, or not.
Stocks do well when traders expect the economy to expand. Traders buy bonds as a flight to quality when stocks are going … (49 comments)

Why Zillow is Not "The Enemy"! - 03:31 PM
I hear it much less often now than 18 months ago when we first launched, and much much less now than before we launched Zillow (and everyone was sure we were going to decapitate all Realtors everywhere). But I still hear it occasionally: "Zillow is the enemy". In fact, one person went so far as to shout this at a Realtor and blogger who was wearing a Zillow t-shirt at the NAR conference in Las Vegas yesterday.
Huh?
Usually the "Zillow is the enemy" line of reasoning stems from fear of the unknown, from not understanding what we're trying to do. Let me … (45 comments)

NAR Convention Trip - Day Three and a half! - 03:45 PM
The Active Rain party in "The Crib" at The Palms Hotel and Casino. 

 Renee Burrows and Lucky Lang

Randy L. Prothero and Renee Burrows and Lucky Lang

Randy L. Prothero and Renee Burrows and her husband Mike

Matt Heaton and Laura Lang

Stefan Scholl, then I think that is Laura Monroe, John Novak, Monika McGillicuddy, and Linda Davis 

Jay and Francy Thompson on the left side 

The wives of Jonathan's twin friends were helping out as bartenders and did a fantastic job! 

This is crazy Jerry the geeky tech guy from Active Rain (who really is a lot of fun) 

(97 comments)

Active Rainers Parties up a storm! - 03:58 PM
The "Crib" was awesome but meeting all the Active Rain members and the Rain Dudes themselves was absolutely incredible!
I took 58 pictures at the party...some of them totally hysterical!
Some of us recognized each other right away and others we had to play a guessing game.
The suite itself was very much a playboy suite with a stripper pole bar in the shower, floor to ceiling widows windows over looking the city, a huge moving master bed<gg>  and I think at least 7 flat screen TV's.
We couldn't expect anything less as the Palms is a Playboy hotel.
We all … (73 comments)

Flickr DOES Love Me!! - 07:34 PM
 Teresa Boardman was right -- Flickr DOES love me!!   She knew.  She told us.  And we've heard it from Bob Carney, Jeff Turner, Linda Davis and Chris Griffith.  Sometimes I'm just a slow learner.  I need to hear it again.  And then again. It's time to think about Christmas already.  Yes, ALREADY.  I've been busy WORKING and this snuck up behind me and jumped me.  I was uploading all these pictures that randomly load into a "badge" on the right side of The Putnam Scoop, my outside blog.  I realized I have spent a LOT of time getting pictures from around the … (62 comments)

Create Your Own Favicon! - 03:28 PM
Yesterday, many of us who use a Firefox browser saw something new.  ActiveRain had added a Favicon. It looks like this:    or  (enlarged for your viewing pleasure) I wrote a post about what a Favicon was and why it was important here: ActiveRain Favicon That lead to many others wondering how they could have their very own Favicon on their own site.  Yes you can do it!  Here's how. Step One:  Create The Image  In creating an image you'll need to keep a couple of things in mind.  This is a really small picture.  It's standard size is 16 x … (27 comments)

Something to Think About: Where will the Rain take YOU in a Year? - 04:03 PM
Marketing on the internet, SEO, blogging, widgets, social networking -- it's all part of a winding labyrinth.  After poking around on Active Rain for a little while, you discover a road map for navigating this maze.  And somewhere along the line, you start experiencing success.  Maybe you get an inquiry from a client who discovered your blog.  Perhaps another member sends you a referral.  You start closing deals.  
Hey, Active Rain is working!

 
It's time to come up with a strategic Active Rain blogging plan.  How will you organize your blogging to bring you success for the future?  Most people don't like … (102 comments)

Lean On Me! - 03:25 PM
Have you ever had a day where things just don't seem to be going right?  We usually just chalk it up to "one of those days," and get back to the business at hand as soon as possible.  This has happened a bit lately, but it's nothing that will linger for too long. 
While driving with my family the other day, the song "Lean On Me" by Bill Withers came on the radio.  My mind instantly flipped into "blog-mode."  Ok, for those of you that know me, you'll know that flipping my switch to "blog-mode" is so simple that a toddler could … (37 comments)

Inspired By Song! November Contest Results! - 03:28 PM
The results are in for the first-ever Inspired By Song! contest....and what a contest it was!  Thank you all for the overwhelming show of support for this new group and the contest.  With over 80 entries, Jason, Paul and I had our work cut out for us when it came to judging.  Inevitably, because we received so many entries, some really great ones didn't make it into the top 3.  The good news is that we will be having these contests each month using various themes, so there's always a chance for many more people to win.
The theme to this first … (52 comments)


Blog posts


Mortgage industry set to eat your flesh. Again. - 01:14 PM
On the Daily Kos today...
If a lender says you qualify for a loan at 5%, but your mortgage broker thinks you'll accept 5.25% and he turns out to be right, part of that extra .25% goes to him, and you're none the wiser.
Score +1 for "real estate is the most screwed up industry in America".  Nice lobbying mortgage guys! 
Yet more proof that all middle-men should be avoided. 
(1 comments)

Featured posts are touch and go... - 04:08 PM
The feature posts are going to continue to be a little touch and go over the next 24 hours as the "feature selecting crew" recovers from the AR Member Appreciation Party last night and we continue to enjoy Vegas. … (26 comments)

SURPRISE, SURPRISE, SURPRISE! - 01:44 AM
 Although it was a bit funny when Gomer Pyle would say it, it's sometime's not quite so funny when we list or show a home and encounter it. I recall a few years ago I went to hold an open house and showed up at 11:00am as scheduled and my client didn't answer the door. I knocked and rang the bell, but no one came; so I popped that lock box and went in to begin setting up. When I walked into the kitchen BAM, there it was in all its infamy, the dreaded crack pipe! I was stunned to say the least
There … (7 comments)

Have You Gone For a Ferry Ride Lately? - 06:52 PM

One of my favorite things is to take ferry rides.  When I was engaged the first time, my fiancé surprised me on a lovely summer evening, by taking my on the ferry over to Bremerton where we had dinner--it was so gorgeous seeing the lights of Seattle on our return (remember that for something to do on Valentine's Day). 
On my first official date with my late husband we went on three ferry rides the same day.  We drove up to Mukilteo and took the ferry over to Clinton (on Whidbey Island).  I would recommend going to Langley; it is a quaint little … (7 comments)

The Seattle Underground Tour - 07:26 PM
 
If you have never gone on the Seattle Underground Tour, it really is interesting.   Many years ago, I had a group of friends and family meet at my house and we carpooled to Pioneer Square in Seattle.  Here is some of what the website says:
While you roam the subterranean passages that once were the main roadways and first-floor storefronts of old downtown Seattle, Tour Guides regale you with humorous stories our pioneers didn't want you to hear. It's history with a twist!
The tour begins with a seated introduction inside Doc Maynard's Public House, a restored 1890s saloon. Then you walk outside through … (8 comments)

Thinking of Starting An Agent Lead Generation Business - 09:17 AM
I'm an Associate Broker for a major company and I see a problem that many agents have - how to generate leads.  I know that there are many companies out there offering to sell leads to us, and I also know from experience that we can all do a better job than these companies, IF we have to.
  I'd like to know if there's an interest in having a team of full-time professional Realtors do the propecting for you.  The companies that sell us leads all have one thing in common: They get their leads off of the Internet.  Up Front, I can't … (12 comments)

Local Area Report Update (Q3-07) - 03:56 PM
Market Index - Q3-07
On a scale of 1 - 5 (1 being a Buyer's Market and 5 being a Seller's Market), the current market index is a 2.
Labor Market:
Employment declined by 308 jobs in July and August. The job losses brought about an increase in the average monthly unemployment rate from 5% to 5.6% in the first two months of this quarter. Despite the job losses, the job situation in Lincoln County still remains a strong factor and should continue to increase the demand for housing. Both historically low mortgage rates and a steady job market should help to keep the market moving.
Housing … (0 comments)

Sitting on the fence...don't get caught by interest rate increases! - 04:54 PM
So, you are sitting back waiting on those prices to fall even further. I understand. After all, it is rather safe on the fence.
The problem you have while sitting there, watching prices, is that the cold wind of interest rate increases is on the horizon. Just like "the hawk" that brings the chill to the frozen tundra of Lambeau field; the chill of rate increases will freeze you out of potential homes faster than you can say "jimmy crack corn and I don't care."
We have ridden the roller coaster of low rates to the bottom and watched them creep up … (7 comments)

Buyer's Agent Leaves Town After Submitting Offer - 07:36 AM
I just completely one of the worst transactions EVER!  I can't believe we even made it to closing on Tuesday.  (Yes, this is the one with 3 pregnant women in the same room)  This is a little long, and I've also cut a lot out as below isn't everything that happened...  worth the read!
At the beginning of October, I received a low-ball offer on a listing.  I received no call or email telling me to expect this offer, and I also received no approval letter to go along with the offer.  I called the buyer's agent to try to get more … (24 comments)

BabyHarris Update 11/15/07- WATER BROKE! Currently at Hospital in Labor - 11:51 PM
No one thought I would actually do it, but here I am in labor at the hospital and I'm posting a blog!!!
My water broke at 7:20pm Central time, and it's currently 11:45pm.  I'm on a Pitocin drip to help increase the contractions for more consistency.
I'm SOOOO thirsty but no fluids allowed.  My doctor said it was ok, but the anesthesiologist person said no... I can eat popsicles though.
I'll post again after the baby gets here!!  YEAH!!
(34 comments)

Let's sell more cheese! - 07:29 AM
Have you ever wondered why successful people are successful? Didn't you get the same education? Aren't you working in the same market? Then how on earth are these people more successful than you?
The answer could be a lot more simple than you think.
Right now I am currently re-reading an astonishing book called "The magic of believing" by Claude Bristol which was first published in the 1940s. I am at the part where he talks about "The Art of Mental Pictures" and within this section he is talking about the Great Depression.
He says that during the 1930s a group of store workers … (14 comments)

All The Way From Massachusetts to Florida! - 11:45 PM
It's a late night for the Cooper family.  We are on the road, currently in Virginia on our way to Florida.  We are stopping over-night in North Carolina for a day to visit with my father and then continuing to FL to meet James' family for Thanksgiving.  This will probably be our last trip for a long time now that the JCKC Realty Real Estate Resource Center is scheduled to be complete at the end of December and opening it's doors in January.  We have the 3 boys sleeping in the back.  James Jr. has been saying that this is "reall … (2 comments)

Annual Fort Myers Beach Sand Sculpting Contest 2007 - 05:11 PM
The 2007 Annual Fort Myers Beach Sand Castle Contest was held at the Fort Myers Beach Holiday Inn Nov 8 - 11, 2007.  This years event drew an estimated 75,000 visitors to our island paradise !  The weather was perfect and competitors came from all over the 50 states and internationally.  Skill levels included everything from professional sculptors to the youngest kids.  Competitors tell us that they really like the fine sugar white sand ( and who doesn't ? )  and the way it packs and sculpts.  The festival is an excellent excuse to party and enjoy the beach.
I hope you … (5 comments)

One More Bit Of Twitter Wisdom - 08:53 PM
Consider carefully before deciding to follow someone.  Make sure it is someone you will be happy following for the duration.
Because .... in my extremely limited Twitter experience, clicking the un-follow button causes a disturbance in The Force, and the tweets of many people will vanish from your Twitter home; not just those of the person you un-followed.
I lost a few hours today fussing around with this.
You have been warned.
:-)
(0 comments)

3534 GreeenSpring Road, Havre De Grace , Maryland, 21078 - 04:01 PM
(10 comments)

Don't wait for your Blog to PULL people in. "PUSH" it! - 04:08 PM
Hi Folks. I know I've written about this topic on several occasions but I feel it's worth repeating. Don't wait for people to find your blog, PUSH it at them. The way I look at it is, I spend a lot of time and effort putting together blog articles. Just about every thing anyone could ever want to know about Real Estate in Poinciana Fl, what I do and how I do it, I have already written about. Why not use it?   
Here's an Email I sent out this morning:
Hi Mr New Seller,  
I have attached the listing agreement for your … (53 comments)

Fredericksburg Virginia Homes For Sale - Architecture - 11:16 AM
When I began my real estate career here in the Fredericksburg VA area in 1989, it took me only a short time to realize that I had never seen so many split foyer homes in my life as I did after only a few months here. In particular, there were many of them in Spotsylvania County; more in fact than in the City of Fredericksburg or Stafford County. These are the three most densely populated areas in the region.
Our family lived in different parts of the country and world prior to our moving here. New York, Oklahoma, Texas, Kentucky, Germany, Georgia, … (8 comments)

Is Another Fed Cut Inevitable? - 06:12 PM
As many Americans continue to default on their mortgages at record levels, other markets throughout the world are becoming extremely volatile. Most of the defaults were exacerbated by the Federal Reserve's aggressive interest rate hikes over the past two years, which were done in order to stem inflation and keep the dollar overvalued. The devaluation of the dollar in recent months has positively resulted in the elimination of the incredible US deficit, but at a hefty cost to regular consumers and especially to lower-income homeowners, as a slower economy causes many to become more susceptible to defaulting further. This causes the … (1 comments)

Active Rain Appreciation Party... - 01:51 AM
Well one thing is for sure, the boys at AR really know how to throw a party! The Palms Hotel is the former Playboy hotel and quite a place.
Carnac, Moni and I shared a cab ride over and were among the first to arrive. The 25th floor suite was sweet. A bar, a pool table, couches, chair, a bed that did more things than I can remember, a showplace shower with a stripper pool planted within view of the peek-a-boo window overlooking the main gathering area was definately a FOCAL point. John Novak tells me all the homes in Vegas … (27 comments)

Give A Helping Hand - 07:18 PM
I have a client who has struggled for most of her life. She is a wonderful person and it seems like she can't ever catch a break. I started working with her last year to help he sell her mothers home. It took many months and lots of work on my side for little financial gain to finally get it sold. I am now in the process of listing her home but it needs lots of TLC to get it in shape to sell. Well she has little means to pay for a repair person so today was my "handy man" … (3 comments)

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