jules yates: "Short Re-Financing"... have you heard of this? - 07/23/08 09:26 PM
Well, another long day and yet another listing...this time another short sale. Thank god for accommodating Sellers. During my listing presentation I was asked about "short re-financing" by the Seller and I was have to admit I hadn't heard of it.
From what it sounds like, a lender will basically short … (4 comments)
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jules yates: Exit Realty Paramount is Moving...Soon - 07/22/08 06:48 PM
I am happy to announce that by the end of the month Exit Realty Paramount will be moving into our new office at the corner of Cass & 8th Street in Traverse City a week from Friday. We were scheduled to move this week end but a delay in the Elevator … (0 comments)
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jules yates: To Blog or not to Blog...That is the Question - 07/22/08 06:39 PM
Call me crazy but I feel that if you are going to post a blog (especially if you are in the real estate business) your content should have something to do with real estate. I see so many blog - especially on active rain that have absolutely nothing to do with … (13 comments)
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jules yates: TIP - How to Track Hits to your Website - Use StatCounter - 07/22/08 06:30 PM
A client of mine put me onto a neat (and Free) web counter that provides a ton of free stats including hits, unique visitors, entry point, exit point, time on the site, most popular pages, referring search engines, number of downloads (if you have any) .
Visit www.StatCounter.com for more information. … (6 comments)
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jules yates: What's it Take to Get You to Call? - 07/22/08 06:23 PM
Over the past several weeks I have posted a lot of property to Craig's list and to my surprise I have increased (actually tripled my hits). The unusual part is I have not increased the number of call I have received.
What I have noticed is a lot of Realtors post … (1 comments)
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jules yates: Posting to Craig's List - Is it working for you? - 07/22/08 06:19 PM
Over the past several weeks I have posted a lot of property to Craig's list and to my surprise I have increased (actually tripled my hits). The unusual part is I have not increased the number of call I have received.
What I have noticed is a lot of Realtors post … (11 comments)
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jules yates: Don't spend your retirement account to pay your bills if you are in serious financial trouble... - 06/23/08 08:34 PM
I was watching CNN last night when Suze Orman came on and I happened to hear her say something that was quite important to anyone who might potentially lose their home and may eventually file bankruptcy. She was talking to a caller who had recently filed bankruptcy. She asked the caller … (4 comments)
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jules yates: #1 Way to Get Rich in Real Estate (This is funny but true) - 06/18/08 06:41 PM
The number one way to get rich in real estate is to...BUY SOME. I mean buy some right Now. Spread the word!
Sorry if you were expecting something deeper. This might sound simplistic or like a joke but never in my lifetime has there been a better time to purchase real estate. Anyone with common … (1 comments)
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jules yates: I Quit!!!!! - 06/18/08 06:33 PM
After 21 year in this business I quit...not real estate but the following:
I am going to quit showing unqualified buyers around
I am going to quit giving so much free advice (except on ActiveRain) lol
I am going to quit kissing difficult sellers posteriors to keep a listing that is … (18 comments)
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jules yates: Where have the Buyers Gone????? - 06/18/08 06:18 PM
After 21 year in this business I have to ask if the internet, 24 hour news channels, cell phones, text messages and every other form of instant communication has contributed to this highly unusual real estate market.
In a earlier blog post I noted that vacant waterfront prices are stable in … (5 comments)
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jules yates: Vacant Waterfront Prices in Northern Michigan are Stable - 06/18/08 06:08 PM
Vacant land prices in Northern Michigan (in particular the Traverse City Region) seem to be flat. I have not seen any major price drops on vacant waterfront property in the past year. In fact I have seen most prices hold firm. Unlike the stock market which can plummet on a frenzy … (2 comments)
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jules yates: Tip - Be Accurate with Your description (and Photos) of a property. - 06/09/08 02:05 AM
So many time I have looked at a listing on the internet, read it and scrolled throught the photos. All is well until I get to the property and discover it is next to a landfill (an extreme fictitious example).
My point is that all too often an agent (especially the … (6 comments)
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jules yates: Tip - Show your own listings regardless of who set up the showing. - 06/09/08 01:41 AM
I have to imagine I will get a lot of comments on this one but in many cases it had made all the difference in the world. In fact it has made me thousands of dollars. Why would I show up to tour a home or property when another agent set … (4 comments)
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jules yates: TIP - To get the call or not to get the call...that is the question - 06/09/08 12:56 AM
After 21 years in this business I have seen a lot of changes and one thing that I always tried to do is get a potential buyer to give me a call. My success rate jumps dramatically when I have a chance to talk to a buyer on the phone or … (4 comments)
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jules yates: COMMERCIAL / DEVELOPMENT LISTINGS – Where to get them - 06/09/08 12:36 AM
Many times agent wonder where to get leads on listings. With Commercial properties it can be even more difficult. I have an interesting place to for you to start. Attend your local planning commission meetings. All developers who plan a project need to get their project approved on a township or … (1 comments)
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jules yates: Northern Michigan Lakefront Property - Referral Paid - 06/02/08 11:14 PM
In the interest of not going broke I decided to consolidate all of my advertising by creating a website for all of my lakefront listings (www.AllLakefront.com). If you or someone you know is looking for lakefront property in Northern Michigan, please take a look at my site.
To all … (1 comments)
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jules yates: DO NOT READ THIS POST - Jules Yates - Exit Realty Paramount - 06/02/08 10:58 PM
Now that I have your attention... I wanted to share my story. My intent is to simple share my story and offer some information.
If any of my fellow Realtors are looking for a change or are simply curious please read my story. Until October 2007 I spent the past 17 years as … (1 comments)
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jules yates: Why Countrywide is Loosing their A%# on Foreclosures! - 05/31/08 08:20 PM
This past December I was approached by a friend who had a home he needed to sell due to a bankruptcy. He was 60 days away from the end of his redemption period. He had a 1st Mortgage of $350K and a 2nd at $100K. The 1st was through Countrywide.
The … (12 comments)
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jules yates: BUYERS - What are they thinking? - 05/31/08 07:32 PM
Over the past 6 months I have seen more and more offers come in that are significantly lower than the list price of properties in our office. In some cases I have seen initial offers of more than 30% from the list price.
In past years I would not find that … (2 comments)
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jules yates: Statistics for Northern Michigan - 05/31/08 07:19 PM
Sales in Northern Michigan were slower in 2007 than previous years. From the all time high in 2005 we were down about 20% (544 less sales than 2005). While that may see like a lot I feel that is a natural correction and despite all the negative press I have found … (1 comments)
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jules yates: The Real Estate Business in Northern Michigan is GOOD! - 05/15/08 06:05 PM
Despite all the news reports, the real estate business in Northern Michigan is actually pretty good. Statistically speaking the rest of the state (specifically Detroit) makes the rest of the state seem worse than it really is.
I wish everyone would quit watching the news and stop paying attention to the … (0 comments)
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jules yates: TRAVESRE CITY AREA - Builder / Investors needed for vacant developments - 05/15/08 05:44 PM
INVESTORS / BUILDERS WANTED - If you are an Investor / Builder (or an agent representing one) looking for vacant lots or water frontage in the Traverse City Michigan area, please contact me. I have several area developments that have a proven track record of sales but the developer needs to … (0 comments)
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jules yates: TIP: FREE ADVERTISING for Short Sale Help - 05/15/08 05:13 PM
Here is a great tip for any agent trying to get free advertising exposure in your local community. I recently decided to make a small flyer stating how I can help someone with the sale of their home if they were facing foreclosure (see below). I printed 2 flyers to a … (5 comments)
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jules yates: EXIT Realty Corporation– I hated the name but now I absolutely Love it - Read my story. - 05/11/08 08:17 PM
After 17 years as an independent Real Estate Broker I chose to join EXIT Realty Corporation. Why you may ask? So many of my colleagues asked me why I made the move that I created a website. Click the Banner below to read my story.
I would love to share my … (1 comments)
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jules yates: Email - Get YourName.com (or .net, etc.) - 05/11/08 07:52 PM
It amazes me how many professionals (especially Realtors) who don't have their own domain. I see people using gmail, yahoo, msn, etc for professional email messages. These are all web based email and are great for personal correspondence but not for a professional.
Did you know for $35 a year and … (7 comments)
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jules yates: Easy Web Sites for Beginners - Network Solutions Image Cafe - 05/11/08 07:38 PM
Many of you might have a need for a web site that is specific to given subject or property. Believe it or not most of you are more than capable of creating one with little or no previous experience.
I now have 35 domain names registered and have 12 active web … (1 comments)
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jules yates: Vacant Lake Lots - Covered Bridge - Herendeen Lake - 05/11/08 03:44 PM
Lots at Loon Song Covered Bridge
Lake Ann, MI 49650
Once in a lifetime opportunity to own a private, wooded building site on a mostly undeveloped 58 acre lake just North of Lake Ann. These 7 heavily wooded site are accessible via a custom 90 foot covered bridge which takes … (0 comments)
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jules yates: Rennie Lake Lots For Sale - Traverse City - 05/11/08 03:42 PM
New Building Sites on Rennie Lake
Traverse City, MI 49686
Here is a rare opportunity to own just one of 11 new waterfront home sites on Rennie Lake. These parcels are being offered for the first time and we are taking reservations in anticipation of a Summer closing.
These sites … (0 comments)
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jules yates: Lake Ridge Condo - Boardman Lake - Traverse City - 05/11/08 03:40 PM
Lake Ridge Condominium
Traverse City, MI 49684
One of a kind, ground floor condominium on Boardman Lake in the heart of Traverse City. This unit features a custom deck with immediate access to the grounds and lake and is the only unit that will ever have one. This 2 bedroom … (0 comments)
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jules yates: Vacant Green Lake Frontage - Grand Traverse County - 05/11/08 03:38 PM
Vacant Green Lake Frontage
Interlochen, MI 49643
Unique opportunity to own one of the finest water front building sites on Green Lake and sites are priced accordingly. Building sites are very private and are tucked out on one of the most pristine wooded peninsulas on the lake.
Sandy bottom and … (0 comments)
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jules yates: Rennie Lake Home For Sale - Traverse City Area - 05/11/08 03:35 PM
Rennie Lake Peninsula
Traverse City, MI 49686
Spacious 4 bedroom / 4 bath home on the sandy shore of 238 acre Rennie Lake. Home faces west for gorgeous sunsets. Property was recently divided to become Rennie Lake Shores and is located on a private wooded peninsula with just 10 other … (0 comments)
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