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Congress is considering changes to the tax code in order to pay for a number of tax provisions expiring in 2010 and two of these provisions would impact real estate:
  • The first would require all owners of rental properties to file IRS 1099 forms for all contractors they do business with if they pay that contractor $600 or more in any given year. This onerous provision would apply to even the smallest landlord.
  • In addition, Congress is considering taxing "carried interest" at ordinary income rates instead of capital gains. Carried interest rules govern how general partners in real estate investments pay taxes when the investment is sold. These new tax burdens will further delay the real estate market recovery. These proposals are ill-advised, inopportune and potentially destructive. Please click here to tell Congress to oppose them today.
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    GREAT post about Facebook profiles, including how to add your Active Rain feed to your Facebook page.

    Via Cheryl Waller - Facebook.com/CustomFanPages (Marketing Consultant):

    Maybe you are new to Facebook and maybe you are not, but maybe you still wonder whether you should add a Fan page, start a group or even bother with any of it at all. I mean what’s the difference anyway? Right?

    Actually… Quite a bit.

     

    Let’s start with personal profiles

    First and foremost; if you are currently using your personal profile to promote your business by using a business name and/or logo on your personal profile…. STOP! Personal profiles are for individuals, not businesses. Not only is it against Facebook terms of service, it also detracts from the whole idea of being ‘social’. Guys, really? It’s not called ‘Logobook’ or ‘Brandbook’. Personal profiles need to have a picture of you. No and ifs or buts… use your college photo if you want, that’s fine…

    Your personal profile is the first profile you set up on Facebook. (In very rare instances there is a business management account, but I will not go into that with this post)With your personal profile you post an image of yourself, post information about you and share pics, links, information etc with other friends in your network. Personal profiles are only allowed up to 5,000 friends and pages combined.  So that means if you are a fan of 100 pages, your friend limit is 4,900. Become a fan  (now this has been changed to ‘like’ a page) of 200 pages and your friend limit is 4,800. You get the idea. Basically, you can only have ‘connections’ to 5,000 people, entities or brands COMBINED on a personal profile.

    Why would you want 5,000 friends? Ok, this is where the lines get a little burred between business and personal. You can also get your account deleted by Facebook if you go about it the wrong way or try to do it too quickly. Having 5,000 friends in the same industry as you is a quite powerful business tool. I won’t get much into it in this post, but start seeking out 10-20 people inside and outside your industry each day and send a friend request with an introduction. Try to make as many professional connections as you can. Believe me 5,000 people that play Farmville is NOT going to help you in the long run.

    That’s about as far as I am going with personal profiles for this post. Right now, if you are currently using a business logo, brand, trademark or emblem on your personal page, I highly suggest you jump over to FaceBook right now to upload a personal  photo and make sure that you are using your real name and not your business name …then come back to read the rest of this post.

    See Also How to Avoid Being Scammed on Facebook | Verifying Applications

     

    Fan Pages

    Fan pages are for real businesses, brands, artists or public figures and essentially are their own identity. You must be an official representative of that entity in order to create a page.  Once a page is created it essentially IS its own person. Pages cannot be publically tracked back to the creator of the page or the admins unless you choose to reveal that on your page. Pages allow you to update fans by demographic, which is really useful for target marketing. Fans can interact with your brand and have discussions, leave reviews, watch videos etc. etc.

    Using an application called static FBML, you can add a custom tab to your fan page which is essentially a mini-website within Facebook. You can create your own custom fan page or have a custom fan page professional designed and uploaded for you. You can then set the default landing page for new fans to be sent directly to your custom Facebook business page. Current fans will always be taken directly to your fan page wall.

     

     

    Also see Video: How to Create Your Own Facebook Custom Fan Page 

    And How to Add Your ActiveRain Blog to Your Facebook Fan Page in 10 Mins 

    There is no limit to the amount of fans you can have for a fan page and you can mass update all of your fans via email and on your fans walls via the fan page wall. Fan page updates are also integrated into Google real-time search results, whereas personal profile wall updates are not. Fan page content is publically visible (and searchable by search engines) regardless of a visitor’s status as a fan. (This is controllable using FBML, however that is beyond the scope of this post)

     

    Groups

    Groups are different from fan pages in a couple of ways. While they also have no limit to the number of members within the group, you will not be able to email update the members of your group once its size reaches 5,000 members. Groups also give you control over membership to the group. With a fan page, fans just click to become a fan and that’s it. Presto. They are a fan of your page. With groups, you can control who can become a member. You can choose to make it a private group, open to the public or limited to a certain network of people. If you choose you can also require an admin of the group to approve each group member before they are allowed access to the group. You can change these settings at any time and also choose to block specific people from joining at all. The only setting that cannot be changed is a network-specific group. Once a group is network specific, it cannot become global.

     

    Membership types in a group

    Members of a group can see content of that group based on the privacy settings set by the admins of the group. The number of groups a person joins does not affect their friend/pages limit but each person is limited to joining 300 groups in total. Group officers are listed on the group’s page and are essentially the same as any other member, besides being listed as an officer. Only group admins can make changes, send updates, set privacy or appoint other admins to the group.

    So there you have it. There is a quick overview of the difference between personal profiles, fan pages, and groups. Keep your personal profile personal, your fans (potential clients and customers) updated and your members (current customers and clients) connected to your business through the use of these powerful business tools!

     

    Also check out:

    Press Releases: How and Why to Include Them in Your SEO

    How to Set up a WordPress Blog on GoDaddy.com

     

     

    Cheryl Waller
    Marketing Consultant SEO, SEM, SMM
    www.CherylWaller.com

     

    Become a FAN!

    CUSTOM FAN PAGES http://facebook.com/CustomFanPages

    MARKETING http://facebook.com/VTMarketing

     

     

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    Here are some great tips for narrowing down your Google searches and finding exactly what you want, where you want it.

    Tip: I saved it as a PDF file in my My Documents folder so I can reference it later (you could also save it as Favorite in your browser, but many times articles are purged).

    http://www.nytimes.com/external/gigaom/2010/04/02/02gigaom-10-simple-google-search-tricks-58674.html

     

     

     

    Headed to 2010 REALTOR Rally tomorrow (4/13) at the Colorado Convention Center? Stop by and see us at the IRES booth! Details and more info about the Rally can be found at www.realtorrally.org

     
    DocuSign A press release from DocuSign®, our electronic signature provider, announces that e-signed third-party documents including real estate contracts, are now being accepted by the Federal Housing Administration (FHA). See the April 8, 2010 FHA mortagee letter here.

    DocuSign spearheaded an industry wide effort to encouarge the FHA to formally recognize e-signatures and this is the first in what is expected to be a series of responses to this initiative. Great news!

     
    green bill In an effort to maintain low costs and do our part for the environment, IRES Billing is going green the 2nd quarter 2010! All statements will be sent via email - no more paper bills. Therefore, be sure to check your email account for your IRES bill. The Subject line will be "IRES, LLC Statement" and it will be from accounts@ires-net.com. If your Employing Broker has received your bill in the past, they will continue to do so.

    Our 4 payment options will be outlined in the bill and are:

  • Cash
  • Check (Payable to IRES, LLC and mail to 2725 Rocky Mountain Ave, Suite 450, Loveland, CO 80538)
  • Credit Cards (VISA or MasterCard). Your bill will include a link to pay online or go to the MyInfo screen, under the User tab in IRESis.
  • Automatic payment options (EFT or credit card) Click here to access the form to set up automatic payments.

    Please note our NEW POLICY on past due accounts: Effective this quarter, if an agent has not paid their bill 2 weeks before the end of the quarter, their balance will be transfered to the Employing Broker's account.

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    IRES posts weekly updates from our GAD (Governmental Affairs Director) on our Company site.  Stay up to date on how regulations may affect your market. Go to www.ires-net.com then News/Governmental Affairs or click here.

     
    CloudCMA Cloud CMA Tip: FIRST, perform your search and find your comps in IRESis. The MLS has extensive search capabilities that allows you to find the best comparable properties. THEN, open Cloud CMA and enter the MLS numbers. We do not recommend using the "Proximity" search in Cloud because location is the sole criteria. If you haven't used Cloud CMA yet, links are located on the Start Screen and under the Reports tab. This software creates attractive and dynamic reports to share with your clients: CMA's, Property reports (for Open Houses, presentations) and Buyer Tours (for showings). Cloud CMA is FREE to IRES subscribers.
     
     
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    Niki Moran

    Loveland, CO

    More about me…

    IRES LLC

    Address: 2725 Rocky Mountain Avenue, Loveland , CO, 80538

    Office Phone: (970) 593-9002

    Email Me





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