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Archives of real estate blog entries for April 4, 2011
Featured blog posts
The Ultimate Answer to the Zillow Zestimate - 11:22 PM
Perhaps no phenomenon in real estate is as much of a lightning rod for strong opinions as the Zillow Zestimate. Most agents I speak with hate it; I have had instances where looking it up has helped a deal and I have had clients walk from a deal because of it. The Zillow Zestimate has been the reason for sellers to feel under-priced or under-bid, and it has been invoked by buyers as the reason that they feel they overbid on a home. I once got so exasperated that I asked a client if a Zestimate ever drove them around Westchester (122 comments)
Motivational Monday: Do the Doable! - 08:35 AM
Motivational Monday: Do the Doable! do·a·ble (doo-uh-bull) adj. Possible to do: capable of being done; practical. I answered the phone Sunday morning and a lovely gentleman informed me he is looking to purchase a house in southern Utah. Had I ignored the incoming call, he may have quickly moved on. I made myself available and may reap the rewards of a positive outcome. Do the Doable: Be Accountable for your business results. Doable. Turn problems into Possible solutions. Doable. Create Attainable short-term and long term goals. Doable. Surround yourself with Capable, positive people. Doable. Make yourself Available to clients and potential business. Doable. (56 comments)
When That OPEN house is not for Sale - 12:03 AM
Even though homes are in "Active", "Back-Up", status, I call to make sure they are still accepting offers.... I was calling for status to see if homes were available and got a very strange answer...the agent on the other line told me that the home was just about to close but if I wanted to I could "Hold It Open"! "Why", I asked? She said, "Well I'm just being nice, this not in my area or I would hold it open, but since I am not I'm offering it to you". "No Thanks", I said....and began to ponder the situation that (55 comments)
Rain Camp Atlantic City - Intrepid Reporter - Monday Morning - 02:57 PM
Dateline Atlantic City. I.R. here! I have been making my way around totally undetected. Nobody has recognized me! It's possible they don't know I'm here. Rain Camp has been very interesting. Mighty Mo, well, this camera thingey, has been amazing! It may be that this morning's meeting has contributed to a new scientific discovery. It may be that this information has never been published before. What do I speak of? KNOWLEDGE TRANSFER! I thought knowledge was transferred from a teacher to a student, or anyone interested in learning that received some bit of information from someone else. This is apparently not (61 comments)
Rust Never Sleeps - 07:42 AM
That's what Neil Young said back in the late 70s. I think Neil showed some great insight (doesn't he always). Rust, corrosion, oxidation, they all mean about the same thing, the insidious decay of metal. Rust is caused by the usual culprit, water and moisture. If a component is designed to be in contact with moisture, it will be designed to resist water. However when the component is not meant for a damp or wet location, no such safe guards will be incorporated. Electric service panels by and large are never meant to be in a wet or damp location. Sure (49 comments)
Can I fire my Realtor ® ? If you retain my services to sell your home, the answer is "you betcha"...if you want to. Here in the state of Maine, all listing agreements for the sale of property are between the seller and the real estate agency, not necessarily the agent directly. When a seller is unhappy with the service they are receiving from their agent, they may need to negotiate directly with the agency to be released from the listing agreement. Happily, the agency I am affiliated with, Keller Williams Realty Mid Maine, has no desire to hold sellers (41 comments)
Now Is The Time For Greatness #RETSO Notes - 09:02 AM
I went to RE Tech South (RETSO) last week thinking I would come back from Atlanta and impress my friends with lots of conversations about the "next new shiny thing" and how we can dominate the market using it. Instead, I find that all I really want to talk about is a much higher level conversation about the relevance of NAR and the opportunity within the next 60 days to grab the destiny of the Housing Industry and effect change. I am a second generation mortgage lender, my mom was a REALTOR for years, and I believe in Causation Political Action. (16 comments)
It's Okay to be Choosy! - 10:54 PM
Everyone has their preferences...sometimes it can perceived by others as being a snob. I will be the first to admit that I am an ice cream snob. I prefer Coldstone Creamery and even though it is sooo much more expensive for one serving than an entire half gallon at the grocery store, my exasperated boyfriend knows that he cannot change my opinion. Whether we are choosing a pair of shoes, a color of lipstick or a belt that matches our shoes, we are all choosy about something. So why wouldn't you be this way about the largest investment you ever make? Life is (56 comments)
Things I've learned since joining ActiveRain - 10:30 PM
Things I've learned since joining ActiveRain It all started when I noticed that I got 100 points for logging in. I was an AR "lurker" for a while...oh, I would read the daily drop that would come in my e-mail each morning, but frankly, if it was a members only post, I would move on since I had to go through all that trouble of logging in..LOL One day I just happened to notice that I got 100 points for just logging in.....wow..really..100 points just for logging in? This is when I became addicted to points, getting points, passing up (107 comments)
Silver Spring Books - Funky Vintage Shop - Used, Out of Print and Collectible Books in Downtown Silver Spring - 06:22 PM
I've always liked this bookstore. The atmosphere, arrangement and smell remind me of the "bookmobile" that used to come to our neighborhood when I was a kid. Remember them? This place is exactly what you think of when you think of a great used book shop. Long rows of tall bookshelves, cluttered, dusty, books piled almost to the ceiling. It's packed with books, hardbacks, paperbacks, periodicals, reference books, magazines and a huge selection of romance novels. The organization here is a little crazy, but searching for a book is half the fun of visiting this shop. Just browsing in here is a great relaxing escape and I could (10 comments)
RainCamp 2011 Atlantic City - Photos - 09:13 PM
We had a fantastic day of learning today in Atlantic City at RainCamp! Let me tell the story in photos. When RainCamp comes to a city near you, don't miss it! To see which SIX cities RainCamp is headed to see RainCamp is here post and when ready to sign up head over to the RainCamp page Now on to the photos! Bob Stewart - Opening Talk for RainCamp 2011 Bob Stewart - Teaching Reputation Architecture Brad Andersohn Kerrie Greenhalgh Interviewing Blog Success Panel Blog Success Panel - J Philip Faranda, Gerry Michaels, Dagny Eason Katerina Gasset - Star of the (78 comments)
What’s a Short Sale - 07:42 AM
Try Googling What is a Short Sale, and you’ll get over 6 millions links to informative websites. So it’s no wonder many homeowners are confused about Short Sales, what they are and what they have to offer. With so much information and misinformation floating around, it’s easy not to know which end is up. From all the hoopla, you probably surmise a Short Sale is something good and also something complicated. To separate the wheat from the chaff, you want the simplest explanation possible. An explanation that will help you decide if a Short Sale is right for you. Here’s the (64 comments)
Post HVCC! Where Have All the Good Appraisers Gone? - 11:13 AM
It's now the third time in the last month that I've commented on this topic. I'm so frustrated with appraisers since HVCC has been implemented. THE WHOLE PREMISE OF HVCC IS TO KEEP UNDUE INFLUENCE AWAY FROM APPRAISERS I GET IT.... BUT IT'S GONE WAY TOO FAR! If the government ever did what they are there for, they would never have to create new laws. All they ever needed to do was prosecute crooks in our business. They didn't and our industry and economy subsequently collapsed. As a result??? U bet....maybe as a direct and proximate cause, or maybe not, but (23 comments)
Leveraging QR codes for instant engagement - 05:45 PM
I recently spoke to a realtor who said his biggest challenge is getting prospective homebuyers to pick up the phone and call him. Since the majority of his customers don’t buy the home that initially prompted them to contact him, it’s imperative that they gain quick access to his other listings to increase their likelihood of calling him directly. When he saw some of the various ways QR codes enable prospective homebuyers to instantly engage with him, he realized the value right away. While QR codes are great for bridging the print world with the Internet, the call to action on (24 comments)
Are you the (shhhh) Secret Agent? - 04:50 PM
Are you a Secret Agent……meaning that upon meeting someone they would not recognize you as a real estate agent? Our lifeline is meeting new people and converting leads from them when appropriate. Here’s a short list of “Do you Do” Questions for you: Do you wear your name tag? Do you frequent mass gatherings of peeps…i.e. Chamber events or Rainmakers) and reveal that you are a REALTOR? Do you become involved in your hobbies (quilting groups, sports groups, and church groups)? Do people see you giving back and want to send you business as a result? In a group (82 comments)
"It Takes As Much Energy To Wish As It Does To Plan"....Eleanor Roosevelt - 03:43 PM
Do you calculate each move you make? In my mind, to calculate a move means to plan when and how it will happen. Everything in my business life is calculated. It's an important part of control. I calculate how many postcards I'll mail in order to receive a certain number of phone calls. Then I need to calculate how many of those calls should and must be closed. On ActiveRain, I calculate how many posts I need to write each week in order to accomplish many goals. First and foremost is the main objective of Google placement and also trying new (96 comments)
Want to Make More Money? Become a 24/7 Real Estate Agent! - 11:40 AM
Want to Make More Money? Become a 24/7 Real Estate Agent! If you want to make more money as a real estate agent, you need more business. And to get more business, you need to work more. Come on, 24/7 is not unrealistic. Who cares about your family? Sleep? Household chores? To make more money in this industry you have to become super human. Think I'm joking? I'm not. Maybe you don't have to be awake 24 hours a day, 7 days a week. But you have to be working every minute of every day. So how can you work and (67 comments)
Okay ... I want to know. WHO started the rumor that you need 20% down to buy a home? Whoever it is, we need to get to them and straighten them out. We need to educate them about the real opportunities that currently exist in the home buying market and mortgage lending today! This rumor floating around is doing serious damage to our home buying market ... and it's scaring people.
NO MORE RUMORS! Just the facts ...
We in the real estate industry (all branches) need to get serious about addressing this rumor. (52 comments)
Debe Maxwell, a dear friend of mine, wrote a post entitled Social Media Suicide. Don't Do It. If you've not read that post, I encourage you to do so because this post was inspired by that one. I want to share something with you all as it relates to the topic of Debe's post, and some of the remarks in the comment stream. As I read through the post, and several 100 comments, I realized how many people believe, with all their heart, that they should fight every attack, or perceived attack, against them. To lay it right out (100 comments)
Don't EVER push my client to take on risk because you want your production credit THIS Month! - 09:49 PM
I'm pissed. I closed escrow on Friday, April 1st. We were scheduled to close on Thursday - the last day of March. We had asked for a clearance on the roof permit, which had not yet been provided. On Thursday, tons of pressure was exerted to have my client accept a verbal guarantee that the roof company would take care of any issues the building department might find with the roof. Everyone wanted us to go ahead and close on Thursday without the permit. But I wouldn't authorize closing until we had the roof inspection by the county and knew we (49 comments)
Urban Hike - 02:59 PM
The Seattle weather has not been cooperating much lately and any outdoor activity gets smashed by the next rain shower before one could leave the house. Saturday though looked promising and we took our chance. We decided on one of my favorite routes and the description will give you an insight why that is. The starting point was in Wallingford, Ashworth Ave towards the Aurora Bridge. Yes and everyone familiar with Seattle knows what happens under that bridge. A very strange creature has been sitting there for years, not moving, not really breathing just staring back at the constant flow of (29 comments)
I Just fired you so why do I feel like I was fired? - 09:21 AM
Like we all do, I write to 'expired' listings. I met a very nice young couple in November of last year. I never heard from them. I would drop off or mail updates on the market, and have been doing so religiously ever since... I had given them one price that I would list their home at - 4 months ago.... Their home had been priced $30,000 higher but they had no appointments, nothing. There had been no real marketing, no professional photographer. They said they didn't need to sell. Famous last words! I received a call 1 week ago - (199 comments)
How "not" to get featured! - 02:28 PM
I received a note from an agent, here in the rain, telling me that she had noticed that I manage to snag a lot of featured posts. Despite the obvious method, of good topics/content, are there any certain groups you tend to post to or any other methods you engage in order to attract the fabulous flying finger of features? I wrote her back a note, and realized as I wrote this note, it might make a good post (hey, maybe even a FEATURED POST). So here is my take on how I somehow manage to snag more than my legal (92 comments)
Really? You're Wearing That For Your Open House? - 03:14 PM
Saturday was open house day for Will and I. Since he was all set up in the home we were holding open, I decided to take a break and see what the other "open houses" had to offer. As I was touring the neighborhood, I stopped at one home where the agent greeted me and invited me in. The home was lovely..... the agent - not so much! I was absolutely amazed at the way this agent was dressed! I thought maybe she just arrived and was going to excuse herself and run to the restroom to change. But no, she (98 comments)
It's 7:40 a.m. - Time to Get to RainCamp! - 08:13 AM
It's 7:40 a.m. - Time to Get to RainCamp!Yesterday, it was a long day. Run around like crazy all morning finishing everything up, double checking that I had all the necessary stuff, then off to Dagny's to meet with the group driving to Atlantic City together. Long drive, strange traffic, a momentary panic about finding gas for the car.
Debbie Gartner, Ginny Gorman, and Dagny Eason But we got here, checked in to our lovely rooms, and started meeting people - our group managed to represent Rhode Island, Connecticut, New York, Vermont and Washington, DC before we even (61 comments)
Mind your P's & Q's! Your comments are being read. - 04:31 PM
Mind your P's & Q's! Your comments are being read. It was bound to happen -- I received a contact last week about buying a beach home!!! Yippee, say's I! It must be all that blogging I've been doing! My little fingers are plum tuckered out from all this typing, pasting, moving pictures around, etc. We'll just forget how tired my little brain is. (I think I should mention that I dream about blog topics, so I'm pretty sure I've reached that point of no return in the world of blogging. Thought you'd get rid of me, did you? HA! (93 comments)
Getting Kids to Read - 01:05 PM
My youngest daughter didn't like to read until 7th grade. Her middle school Language Arts teachers had a great way to encourage kids to read. Rather than force the kids to read certain books, the teachers told the kids they would read 10 books and they would choose them. The only catch was that the kids had to choose 2 books in each of 5 genres. I remember being forced to read books in high school like Lord Jim and Moby Dick. What an absolute turn-off that was. As a result I never developed a love for reading. The teachers in (4 comments)
Washington DC in Springtime You can read about neighborhoods elsewhere on this website. You can listen to the nightly news and hear what's happening or not happening on Capitol Hill. There is no shortage of news about what goes on in the Capitol of the United States. What you may not have heard and you may not know...Nobody does Spring like Washington DC.
This is but a taste of the visual delights we enjoy each Spring The area around the Tidal Basin draws the most attention. There is the Cherry Blossom Festival that draws crowds from all over (0 comments)
Stanislaus County Real Estate - Why Live in Stanislaus County? - 07:46 PM
Stanislaus County Real Estate - Why Live in Stanislaus County? While I am a Stanislaus County Short Sale Specialist I also live in Stanislaus County. I have lived here my entire life. (And that's a long time) There actually is a lot of history in Stanislaus county and the near by foothills of the Sierra Nevada range. In eastern Stanislaus County is the small town of Knights Ferry. Knights Ferry is on the Stanislaus River and was established in the mid 1800's as a ferry crossing. The ferry was eventually replaced with a covered bridge. The covered bridge that still (2 comments)
Local Scott AFB | Metro East IL Real Estate Guide Metro East & Scott AFB Illinois Homes StoreBe The First To Find Your New Home Local Homes For Sale. Scott AFB - Metro East - St. Clair County, Illinois real estate website to search for all homes for sale surrounding Scott Air Force Base and military family housing. So if you are considering selling your home or buying a new home, please use this website to find all homes for sale and the information you need, and if you don't find it here, please contact me. You will find homes for sale listed (4 comments)
Total Reliance Under Stressful Times - 11:38 PM
T.R.U.S.T. is having Total Reliance Under Stressful Times. Psalms 56:11 "In God Have I put my trust; I will not be afraid what man can do unto me"Isaiah 26:3-4 "You, Lord, give true peace to those who depend on you, because they trust you. So, trust the Lord always, because he is our Rock forever. Is you life full of fear today? We live in a stressful world! We stress over our next real estate deal, getting a home under contract, getting the sellers to reduce the price, appraisals, home inspections, finding buyers, getting everything done on time, gasoline prices, and (3 comments)
Commercial Real Estate Market Report 4th Quarter 2010 - 12:48 PM
The commercial office vacancy rate stood at 18 percent at the end of the fourth quarter, capping a year which there was nearly 210,000 square feet of negative absorption, meaning that much more space was vacated than leased. Will this be the bottom? Most likely we'll see a modest recovery in late 2011, if employers rehire. Asking rents stood at $20.40 a square foot. The weakest market was Class C space, or older buildings, with vacancy at 19.5 percent. Premier Class A office space had a vacancy rate of 13.6 percent. (source: Wells Fargo) (0 comments)
On Monday, April 11, 2011, you will receive an invitation to a survey regarding aspects of your local housing market. We are writing in advance because we have found that our members appreciate knowing ahead of time when they will be contacted for studies like this one.
The survey will take no more than five minutes of your time, and you'll be given the opportunity at the end to enter a drawing for one of five (5) $100 American Express Gift Cards.
Your responses will remain completely confidential. We will not sell or distribute your (4 comments)
Glocal #8 Thinking Global, Acting Local "The Taj Rule™' - 06:30 AM
Carra Riley continues to share her amazing adventure...a once in a lifetime, voyage...Semester at Sea. Take a look at her take on the Taj Mahal. Check out the slide show. It has been said that discovering the secrets of the Taj is like discovering the different moods of a woman. The evening sheds a different look with the reflections of the fiery inlayed stones sparkling in the setting sun. This timeless wonder of the Taj Mahal can now be a practical global concept that can make a difference in local experiences by applying “TheTaj Rule™ “ Building communities and relationships with (4 comments)
I Get A Little Help From My Friend! And So Do My Listings! - 03:06 PM
I have a very special home..with a four car garage.. 14 Timber Way in Baltimore located in the Sagamore Forest area of Reisterstown,MD 21136. One of my favorite lenders...Mortgage Mama loves to help me market my wonderful properties. I just left Bridget a message saying I was writing this post. A text back letting me know she is in a presentation with Katerina Gasset at RainCamp..Oh I am so jealous!
And where did I meet Bridget...right here on ActiveRain. Take some time to read about our get togethers. Because of social media, I get a little help from my friend..like our (7 comments)
April, 2011 update Market update for the Wichita, KS metro area. - 04:20 PM
April, 2011 update Market update for the Wichita, KS metro area. Good news for RE/MAX international in 2010. Like all large real estate companies over the last few years RE/MAX lost or eliminated a number of low and poor producers. Some were concerned that maybe RE/MAX had lost their leadership role in American and world Real Estate circles. You need not have worried. RE/MAX again continues to be the #1 Sales leaders in the U.S and Africa, Canada, The Caribbean, Europe and Latin America. RE/MAX has been unstoppable in expanding its reach around the world. Recent successful moves into countries such (1 comments)
When the property is on the market... When there is a fair market value offer... When there is a true hardship.... Pull credit, pull the loan file, pull the last two tax returns, ask for last two paystubs and banks statements, order a valuation from a local professional. Then make an intellegent decision within a reasonable amount of time. Don't ask me to do a marketing report every month. I have enough to do calling you every 4 days. Don't tell me you need an updated financial worksheet, when the one you have is less than 90 days old. Listen, (1 comments)
Woman Attacked by Chimp Will Get a New Face - 05:19 PM
Charla Nash, before her attack 2 years ago. Charla Nash lived in my city, Stamford, CT and from all who I hear from, was and still is a wonderful person. She was brutally attacked 2 years ago by a Chimp and it made national news. She lost her face and her hands. It was absolutely heartbreaking for everyone especially those directly involved. The Stamford Times reported on March 31 that she has been cleared to receive surgery that will give her a new face and hands. "She keeps her spirits up", one of her attorneys, Charles Willinger, said Wednesday. "She's just remarkable. Every day (2 comments)
Ways to Get More Comments On Your Facebook Page - 05:41 PM
You ever wonder why some people get more comments on their pages? One way they do it is by utilizing good questions. They don't have to be complicated though. Here are some suggestions for you: Ask True or False Questions Ask Yes or No Questions Ask Specific Questions Post a Photo with a Question Ask a Fun Question Ask a Question About Your Area Ask Who is Attending an Event or Suggest an Event Ask For Tips But once you've asked, just don't walk away. Play with them and further respond. This makes it fun for everyone. Do you have a (4 comments)
Mount Vernon Ohio Custom Build Home Price Reduced $25,000 For Quick Sale - 07:59 AM
For more listing details and to view an extensive virtual tour photo slideshow be sure to check out 13230 Rolling Hills Court, Mount Vernon, Ohio 43050. We have also created a special listing link so that you can view all of our homes Knox County Ohio Homes Priced from $300,000 and Higher. Offered by Sam Miller of REMAX Stars Realty (740) 397-7800 Knox County Ohio Real Estate (5 comments)
This is one of the most affordable Apple Valley Lake community lots we for sale, lot 42 Northridge Heights Subdivision at the Apple Valley Lake.
You can view all of our available lots for sale at the Apple Valley Lake with an extensive selection ranging from Apple Valley Lake waterfront lots, lake view lots, lots located around the Apple Valley golf course, wooded lots and from time to time we even have ultra cheap Apple Valley lots that are non buildable which are perfect for those who are looking for the most affordable way to gain access to the Apple Valley Lake amenities. Offered (0 comments)
Fredericktown Ohio Home For Sale at 28 Arrowhead Drive - 05:40 PM
Additional listing details and an extensive virtual tour photo slideshow available at 28 Arrowhead Drive, Fredericktown, Ohio 43019. We have created this link specifically for those who are looking for available Fredercktown Ohio homes for sale in price order. Offered by Sam Miller of REMAX Stars Realty (740) 397-7800 Knox County Ohio Real Estate (1 comments)
All the busy agents in this spring market streak love to see their clients go TWEET, TWEET, TWEET....
Yes, Twitter continues to remain the buzz word in real estate. You MUST embrace all the social networking sites in order to remain relevant, noticed, and on top of your game. I'm enjoying watching many of my agents embrace Facebook, Twitter, FourSquare, and LinkedIn. Therefore, when I find great tips on how to enhance your social network status, I continue to send them along. Below you will find an article about how to Rock Your Twitter Profile. It's a (2 comments)
FHA Announces Monthly Mortgage Insurance (MIP) Increase - 06:57 AM
Good information here with the Spring market if full swing...seeing lots of changes in the banking business..keep this stored on your files so one can forward when needed...thanks for sharing.... Via AnnMarie Belair Sterling Realty Belair, INC (Real Estate Worcester County MA): COURTESY OF SEAN FLEMMING PHH MORTGAGE FAMILY
*Good news is that the minimum down payment remains at 3.5% and maximum seller's concession remains at 6%.
The Federal Housing Administration (FHA) has announced a new premium structure for FHA-insured mortgage loans that increases its annual mortgage insurance premium (MIP) by a quarter of a percentage point on all 15- (2 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.