The real estate in Sacramento has seen many variations in the past year. To know the details, continue reading.
In the first 10 months of 2009, Sacramento saw around 2000 commercial and residential properties being sold. This is estimated to be 51% less than what was sold during the same time last year. But the market slowly healed in October 2009 and viewed a 1% increase in home sales unlike the same period last year.
But when compared to September 2009, October saw an increase of 5.9%. The price of a single-family home that was $296,600 in 2008 scaled up to $297,500. But the prices of existing homes saw fall by 3.2%. The same trend was carried on to November 2009 as well.
With this in view, builders in Sacramento have started constructing 29,000 residences in 2009 which are expected to be ready soon. They hope to reach a total of 35,000 very soon. Around 2,900 single homes were built in this year. El Dorado, Placerville, Yuba City and Roseville are expected to see a 30% increase in their real estate business.
Year 2009 set a record of first time home buyers rising by 47%. This was a result of the market slowly healing after the recent recession. This growth of economy has given the credit to the real estate agents for negotiating good deals and providing good services to the home buyers.
An observed fact was that recent buyers have preferred small homes that were decorated with simplicity making it easy to afford. It is being seen as an equating factor to the new trend of simple life. This has also seen to be a major decision in fulfilling the desire of owning a place in the current economic times.
Come 2010, Sacramento will see a 4.8% increase in its real estate business. This is expected to be the country’s first annual gain in capital. Commercial property is expected to reach sky high.
Taxes on property are expected to fall in 2010. This is the result of the Board of Equalizations decision to beat the deflation of 0.237%. The federal government has estimated that the fall in tax will be of about $2.6 for every assessed value of $100,000.
This description shows that there is a better year coming for all real estate agents. It is time to get your website filled with current statistics and think of attractive deals you can offer. The creative deals you offer will see a better client flow into your business and get you growing.
For additional resources and information please visit the following sites.
With the number of home buyers on the rise, each buyer will look for a real estate agent who can offer them the best deals. In such a situation, with too many agents already existing strong in the market, what are the chances of a new agent making it big in his profession?
Before an agent actually lands himself in the already overflowing pool of agents, he has to equip himself with the in and out, do’s and don’ts and all the rules that govern the business.
An agent must have his goals set, attitude maintained and selection of clients discrete.
Setting of goals includes setting of both short and long term goals. This will help you to plan your next step as an agent. The small steps you take now will impact your business in the long run.
Real estate is more about relating to people than it is about selling or buying property. The attitude you carry at work and your clients from the past and present determine your prospective clients. The fluctuating economy offers problems and disappointments which you can triumph over only with the right attitude.
This business brings you in contact with many people everyday. It is very important to select people carefully with whom you will be associating. This is an attempt to keep you away from those people who are willing to cheat you out on the living you are earning honestly.
A major tip to run a successful business is that it is important to have a proper plan. Agents have to start embracing planning attributes that will help improve performance.
Agents should be prepared to survive in a very vulnerable market. In such a situation it is important you research on a stable plan before entering into business.
A budget is what gets critical in a volatile market. You should have a well planned and balanced budget that must also support for unexpected additional costs. A mentor or a coach with prior experience in the real estate world is an added advantage for new agents.
A well planned business also requires creativity. An agent has to use his creativity to reach out to his clients. The current technology provides for internet and social media which play an important role in reaching out to many people and staying connected to them.
Discipline, loyalty, professionalism and responsibility adorn the crown to success in the life of a real estate agent. A planned path, right guidance and discipline will keep you on your chosen path and take you where you aim to go.
For additional resources and information please visit the following sites.
Marketing for realtors consisted of never ending meetings with prospective clients, review listings and discussing needs and desires. This would take up most of the realtors’ time making it difficult to guarantee as many sales as possible.
The present day realtors have caught up with the current trends of internet marketing. Real estate agents websites are now an important aspect in property marketing. These websites not only provide an easy way to search property listings but also ensure each set of property details are as comprehensive and informative as possible. With the current technology websites also have photos and videos of different aspects to give a better picture to the prospective buyer visiting the website.
Websites should be easily accessible with an easy search facility. The next real estate agent’s website is just a click away if the visitor is asked to fill out long forms. You will not like websites that are not user friendly that takes most of your time in navigating pages.
Search Engine Optimization is the current trend in increasing traffic to your website and achieving higher ranks in the search page. Websites built, maintained and nurtured with search engine optimization will ensure that the website has very good ranking among search engines. First you have to increase the search engine visibility of your website. The website ranked highest is viewed to have more number of visit and higher number of prospective clients. You must put your listings on many sites to bring traffic to your website.
Modern real estate agents have their own blogs. Many agents are promoting, marketing and selling real estate through their own websites. A real estate blog is one of the best ways of real estate marketing. Information written in blogs must be short, descriptive and pretty informal. Eye catching tiles increase visits to your blog. Writing blogs to capture clients is an art!
Online readers, real estate buyers and other real estate agents regularly check out blogs. Keep your blog updated as far as possible. Information about market reports, property finance, local development updates and contrasting opinions about different real estate agents play an important role setting your blog apart from all other blogs. The main challenge is to provide appropriate data, that too effectively.
Understanding how to use a social media in business is an added advantage. Social networking sites help you in connecting with people from world over. This gives you a whole world of ways to connect to people who can be your prospective customers! Sites like this have geared up in the field of real estate and networking.
Investing in real estate internet marketing using proper techniques can pay off big time for your real estate business!!
For additional resources and information please visit the following sites:
With the changing times and advent of internet, the world is at anybody’s finger tips. A real estate professional no longer has to rely on news papers, ad magazines and weekly or monthly magazines to post his ads. You can buy, sell or rent your houses just at the click of a button.
This changes the way in which houses are bought and sold. The role played by technology is overwhelming! Today real estate agents seize every opportunity the World Wide Web offers. You only have to post your ads on quality websites and market those websites to gain quality traffic. You can also include your listing on social networking in the local community of the internet.
As more people are becoming dependent on the internet, there are more opportunities for agents to either buy or sell properties. The prospects available to you on the internet are too many to miss.
Search engine optimization is emerging as an important online marketing strategy. Search Engine Optimization requires you to place the keywords that are relevant to your business and location on your landing page. You need to populate your site with related keywords since some variations may appear in search engine results.
Directory submissions are the simplest form of website promotion that can get increased business prospects at affordable prices. The directory submission service submits your business details to online web directories in relevant categories. This will increase targeted traffic to your website thus making cost per acquisition of clients an extremely cheap affair. Submitting your details to a general web directory increases the search engine visibility by placing your site in the list for directory browsers.
Using these real estate directories is fairly easy and simple. All you need to do is fill in details of whether you are looking for commercial or residential property, the number of rooms in the home, or geographical area and hit the search button. A number of results that match your details are displayed.
This alone is not enough. You need to increase your page rank by populating your links on various websites.
There are multiple benefits of the directory submission service that are used for website promotion:
• Builds up link popularity with increased number of link visits from quality directory sites.
• Improves your site’s search engine visibility.
• Drives targeted traffic to the site.
• Increases your site’s page rank.
• It promotes your site in a cost effective manner.
Another advantage of the internet and online marketing is its ability to reach out to a global audience. It is important to update your content on the websites so that people are given the latest information and in turn you are left with more customers.
Today’s world is more ‘global’ than ever before and the investors today are able to pull out capitals quickly from the market if they foresee any unexpected events taking place in any part of the world. So if you are looking for properties online that beat the best, then log on to the internet and real estate directories will help you find the most suitable property for your needs.
For additional resources and information please visit the following sites:
A major in real estate has ample opportunities for employment in several different areas such as insurance, banks, mortgage banks or can start up his/her own real estate development organization. You can also launch your career in research, land development. The real estate law degree deals with issues beyond law school, say, understanding how law interacts with tax, corporate, and environmental law. It will prepare you to handle the economy at its best or otherwise.
If you are looking to start your career in Real estate, here are a few things you need to know:
Social media – Best platform to find leads
It provides the best platform to interact with your customers. Social media marketing has been on the rise ever since web 2.0 happened to the internet world. This technology has enabled businesses including real estate to reach out to much targeted customers who are looking around to buy or sell a property. Information is shared seamlessly with the audience with this technology which also allows users to share comments and information. Customers are kept updated about the new listings or promotions using the subscription feature that is available as part of web 2.0 properties. With social media sites like MySpace, FaceBook and LinkedIn, real estate professionals can focus their attention on marketing for more profits and results.
Real estate technologies
Let us go back to the 1970s where the major media for marketing was the newspaper. Public relations had an important role in advertising a service or a product. Once internet came, it was considered as a revolution in technology. Now, there are numerous real estate web sites that you refer to find the desired location, cost or any other small details that would be tough to gather otherwise.
Most real estate firms are now very process driven to ensure customer satisfaction while still making sure every customer is given enough personal attention which is absolutely critical to this business. Once a customer likes a firm or an agent, they are more likely to stay with them for all their real estate transactions. This loyalty is invaluable and this is made easy with technology.
Telecommunication on the other hand also has revolutionized the way real estate business is run providing users a great option to get hold of an agent with ease. This has also been capitalized by real estate firms by having several toll free hotline numbers for various campaigns they run helping them measure their marketing effectiveness. This technology greatly helps in cutting down costs on unprofitable advertisements.
For additional resources and information please visit the following sites. Resource Links:
http://www.gmacrealestate.com
Bill Fields All Star Coaching Program: http://www.AllStarCoaching.net
GreatWest GMAC Search all MLS Listings: http://www.LocalHomeLink.com
There are promises galore by professionals from Real Estate in helping you settle with your new dream home or to sift the right buyer for your property. Sometimes its tough to find the right house with the kind of roomy bedrooms with enough light, big kitchens and to have schools closer - a dream so difficult to accomplish! But times are changing!
There has been complete makeover in the way houses are marketed. The role played by technology in real estate is overwhelmingly significant. Think of smart phone replies which are lightening fast to know more about the house, intranets that are portals feeding you with community information on the services on the neighborhood and global positioning systems that guide you to the exact place. Agents today look at specialized centers where detailed analyses of the various marketing trends are carried out which guide them with up-to-date information. Whether it is Sacramento or Roseville or Elk Grove or Placerville or Yuba City the analyses bring the information to the minutest detail. These centers have opened vistas for newer jobs for professionals in researching real estate data.
Careers in the real estate have indeed become high tech with the use of software to depict analysis through charts with the help of specialized tools. For example with a click of the button one can evaluate the market overview with pertinent information of median asking price, average asking price per sqft, compare it with the trends of the past year and could determine the distribution not just on one county but at least on four different counties.
Realtors carry out recruiting people who are techno savvy and experts in utilizing the internet to improve the marketing strategies. Social media in real estate has been the biggest revolution in the way it has penetrated the masses. Social media with its voluminous memberships, has helped realtors gain the much important personal touch with customers and also helped in networking. Prospective clients do look out for information through social media and honest opinions shared makes them more aware. Consumers have total control of their requirements. For Agents, they provide the ideal place to find prospective customers. If they are able to subtly market they are certain to bag people. Statistics on the current buying trends has indicated it was Internet marketing that has convinced an overwhelming 75% of the people and not the good old marketing techniques – they seem to have left the fray!
Make way for the knowledgeable power consumer today!
The roof of a North Sacramento plastics factory will host the biggest West Coast installation of a new type of solar panel.
The technology, built by Fremont's Solyndra Inc., uses racks of solar cells roughly the size and shape of long fluorescent light tubes. The shape allows the panels to harvest sunlight from any angle, including what's reflected from the white rooftops common on large commercial buildings.
The technology promises to cut the cost of solar power.
In March, Solyndra gained a $535 million loan guarantee from the U.S. Department of Energy to greatly increase its Fremont-based manufacturing operations. According to news reports, the company has contracts for orders worth more than $2 billion.
The 208-kilowatt system atop Sacramento's Plastic Package Inc. will supply about one-third of the factory's annual electricity needs, according to company Chairman Jim Kaye.
Plastic Package has been in Sacramento since 1984 and makes mostly food containers and trays. About a quarter of the raw material used in the plant is post-consumer recycled plastic, Kaye said.
The $1.3 million system was supported by a 30 percent subsidy from a federal renewable-energy program.
In addition, for five years SMUD will pay 30 cents for every kilowatt-hour of energy the project produces. That subsidy rate is set to decrease for future solar projects.
The SMUD subsidy is drawn from a fund created under a 2006 state law that promotes solar power. SMUD customers now pay 2 cents into the fund for every 100 kilowatt-hours billed.
Starting Jan. 1, ratepayers' contribution will rise to 9 cents per 100 kilowatt-hours, according to Jim Barnett, who oversees some of SMUD's solar programs.
Plastic Package's Kaye said he expects his solar system to pay for itself in five to six years. After that, power generated by the panels is virtually free.
A ribbon-cutting for the installation with Rep. Doris Matsui, D-Sacramento, is scheduled for today.
Articles above have been provided by the listed author immediately following the article. For additional resources and information to the authors, please visit the following sites.
Re: GMAC Real Estate to be Re-branded ‘Real Living’
I am very pleased to let you know that Brookfield Residential Property Services has acquired Real Living Network Services, and as a result will now rebrand GMAC Real Estate as Real Living.
Real Living is a national, award winning company known for its innovation, customer service and track record of attracting results-driven brokers and sales professionals, along with a culture of partnership and collaboration.It brings a suite of innovative marketing tools, relevant training and a technology platform that when brought together with key GMAC Real Estate services like Premier Service, will position us for success for many years to come.
I am also excited to let you know that as a result of this acquisition, we are welcoming an additional 2,000 Real Living brokers and sales associates into our North American real estate network of almost 30,000 real estate professionals.By merging GMAC Real Estate and Real Living, under the Real Living brand, we are creating a very solid real estate brand that will become the foundation for future growth opportunities across the U.S. and into new markets internationally.
The Real Living acquisition is the culmination of several months work and satisfies all that we were looking for through the rebranding process.We considered many options including developing a brand from scratch and the Brand and Transition Councils were instrumental in guiding our thinking and reflecting the broad interests of our entire company.As well, our research pointed us toward creating a company that has great services to help you be more successful and a differentiated culture and brand promise that positions us to stand out from, and above, the competition. With this acquisition, we can take the best from what we have in our existing business, such as Premier Service, and combine it with the best that Real Living has to offer; allowing us to take advantage of the opportunity identified in our research and deliver a brand that meets your needs.
I am also pleased to announce the appointment of Real Living’s Harley Rouda, Jr., a long-time real estate industry broker, owner, operator and franchisor, as President of the newly combined operations.We believe that under Harley’s leadership, and with our solid, combined management team, the guidance of our Advisory Board which is chaired by Dick Schlott, and strong, successful brokers and sales professionals on the frontlines delivering exceptional customer service, we have a winning team with a proven track record for success.
We realize that you may have a number of questions about the new brand and transition, and we want to make it easy for you to get the answers you need.Accordingly, we are making available in the News > Transition News section of gmacmembers.com, a number of informational pieces including the Press Release, Sales AssociateQ&A, Talking Points, Real Living Fact Sheet and a biography onHarley Rouda. Also included will bematerials, such as a new video, and client and vendor letter templates, that will help you to communicate this great news to your clients, prospects and vendors.If this information does not provide answers to all of your questions, please speak to your broker or manager, or alternatively, contact the Real Living Help Desk at 866-208-6050.And, as always, we will continue to communicate with you on a regular basis.
Kindly direct all media enquiries to Hugh Siler, Siler & Company PR at 949-646-6966 or hugh@silerpr.com.
On a final note, it has been my pleasure to serve you as Interim President of GMAC Real Estate over the last few months, and to get to know many of you personally.I will return to my role as CEO of Brookfield Residential Property Services (the parent company to our real estate and relocation operations) and will remain closely involved throughout the transition and integration of Real Living.Thank you all for your commitment to GMAC Real Estate and your untiring service to our industry and clients.I hope you join in my excitement about our future, as we begin this great, new chapter for our company.
Graham Badun,
Managing Partner & CEO
Brookfield Residential Property Services
Articles above have been provided by the listed author immediately following the article. For additional resources and information to the authors, please visit the following sites.
Below you will read from one of our valued partners, Cindy Holland of Costello and Sons Insurance Brokers. We are so Proud. Thanks Cindy!!
From: Cindy Holland [mailto:cholland@costelloandsons.com] Sent: Tuesday, November 10, 2009 8:33 AM To: T. Sami Siddiqui Subject: The difference between you and other brokers I have come to know or encountered
Is very simple;
Character, integrity, kindness, genuine concern for others....
I have a theory or personal conviction; We are all accountable for our own reputation.
With that said I for one hold you in the highest esteem, and just wanted you to know that!
And - you surround yourself with those that mirror those same qualities!!!
I am honored to serve your offices, but more important value the relationships I have had the privilege of developing!
With respect & gratitude - your friend & colleague,
Cindy
***Proudly serving the Real Estate Community as the:
"California Association of Realtors" endorsed Insurance Broker...
Voted one of the 25 Most Innovative Agents in the United States. The National Alliance for Insurance Education and Research and The Rough Notes Magazine
This message originates from Costello & Sons Insurance Brokers license #0754591 and is intended for the use of the individual entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you have received this communication in error, please notify us immediately by calling 415-257-2100, and return the original message to us. Please note, email does not constitute authorization to bind coverage. Thank you.
Articles above have been provided by the listed author immediately following the article. For additional resources and information to the authors, please visit the following sites.
Homeowners win big with extension and expansion of federal tax credit
The U.S. House of Representatives today voted 403 to 12 to extend and expand the home buyer tax credit.The bill passed the U.S. Senate late yesterday and now will go to President Obama for his signature, where it is expected to be signed this week.
The tax credit will be extended through April 30, 2010, with a 60-day extension if a binding contract is in place prior to the deadline.First-time home buyers will continue to receive a tax credit of up to $8,000, while existing homeowners will receive a credit of up to $6,500.Existing homeowners will be eligible for the $6,500 if they have lived in their current residences for at least five years.The bill also will increase the qualifying income limits from $75,000 for single tax filers and $150,000 for joint filers to $125,000 and $225,000, respectively.The purchase price of the home is capped at $800,000.
Under additional provisions in the bill, taxpayers can claim the credit on purchases completed in 2010 on their 2009 income tax returns. The bill maintains the provision that home buyers do not have to repay the credit, provided the home remains their primary residence for 36 months after purchase, and waives this requirement for active duty military personnel who move due to a military order.
For weeks, the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R and its members have urged Congress and the U.S. Senate to extend and expand this crucial piece of legislation.
Nationwide, more than 1.4 million first-time home buyers were given the opportunity to become homeowners as a result of the Federal Tax Credit for First-time Home Buyers.According to C.A.R. research, nearly 40 percent of first-time home buyers surveyed said they would not have purchased a home without the federal tax credit, and approximately 70 percent said the tax credit was "the most important" or a "very important" factor in their decision to buy a home.
To read stories about the extension and expansion of this valuable home-buying incentive, please visit the following:
Aid for jobless, homebuyers clears Congress To read the full story, please click here.
Congress Extends Jobless Benefits, Home-Buyer Credit To read the full story, please click here.
Congress passes bill extending unemployment insurance, home buyer tax credit To read the full story, please click here.
Articles above have been provided by the listed author immediately following the article. For additional resources and information to the authors, please visit the following sites.
Conversations about real estate related issues in the greater Sacramento areas. This includes: Yuba City, Roseville, Rocklin, Elk Grove, Rancho Cordova, Granite Bay, Folsom, El Dorado Hills, Natomas, Gold River, Lincoln, Merced, Galt, Stockton, Anatolia, and other surrounding cities.
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.
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