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Fear of being new. - 12/23/06 10:21 AM
Here you are.Your license has just arrived from the state and you are ready to start your real estate career. I hate to tell you but that 45 hour class you just finished did not prepare you to sell real estate. The 45 hour class and licensing exam can better be described as initial CYA training for new agents. It does a good job of defining where the gray areas of the real estate practice are. The areas where, if you find yourself there, you should sit down with your broker/manager and discuss the situation.Real Estate sales or any sales for … (5 comments)

'TWAS THE NIGHT BEFORE CLOSING - 12/20/06 09:28 PM
by Carmine Pagano with apologies to Clement Clarke Moore  
'Twas the night before Closing, we'll move out tomorrowthe buyer will be there, with money he's borrowed;The belongings we packed by the front door with care,In hopes that the mover soon would be there;The realtors must be nestled all snug in their beds,The visions of closing checks danced in their heads;And mamma in her 'kerchief, and I in my cap,Had just settled down for a long winter's nap,When out on the lawn there arose such a clatter,I sprang from the bed to see what was the matter.Away to the window I flew … (1 comments)

SELL, SELL, SELL .... Get out now!!! - 12/20/06 09:51 AM
Oh my God. If you had read any of the national newspapers over the last few months you might be feeling just a bit nervous about owning any kind of real estate.Lets just take a step back and take a look at where we are. Our area is 70 miles from NYC and about fifty miles from White Plains that won't change. For years we have been the beneficiary of a natural ripple effect of migration from NYC. This kept a floor under real estate prices in the early 90's when IBM, our major employer, "downsized".Speaking of IBM, even though they're … (4 comments)

50 / 50 proposition - 12/20/06 09:49 AM
Being a real estate agent is a 50 / 50 proposition. 50% of your time is spent generating new business and the other 50% of your time is spent doing everything else that needs to be done to bring a transaction to the closing table. In order to generate income consistantly agents must spend time consistantly (on a daily basis) doing each. Spend time on the process of a transaction at the expense of generating new business and your income will suffer. Spend all your time genrating new business and neglect your current transactions and your income will suffer as well.
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Forest and the Trees - 12/20/06 09:46 AM
Just a little story about some trees in the city of Poughkeepsie. About a year ago we were working with buyer clients who were coming to the area from NYC. We found them a new construction package from a local builder in the city of Poughkeepsie. As the foundation was built we realized that there was a tree that would be quite close to the house and asked that the builder remove the tree at his expense. The builder explained that the approval of his subdivision was conditioned on his not removing certain trees on this plot of land. Of course, … (0 comments)

 

Carmine Pagano

Poughkeepsie, NY

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ERA Team IV Homes

Office Phone: (845) 454-4404

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General Ramblings about Dutchess County, NY. The real estate market. Real Estate agents. Great Places to eat in Dutchess (who knows more places?)


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