SHORT SALE in Summit Place addition to NW OKC. Great neighborhood; home is in good condition with over 2300 sf, 3 bed, 2.5 bath, 2 living and 2 dining. Nice sized yard. Take the 24 HR Audio Tour at 1-800-7541 #2120 and visit at www.JessieTeehee.com
Oklahoma in the Timber Ridge Additon. Over 2200 sf with 4 beds, 2.5 baths; open and flowing floorplan. Neighborhood assoication offers parks, playground and neighborhood pool with a modest Association fee. Home has some updates. Sellers are very real and willing to negotiate.
1313 S Gemini Rd is located in the Kelly Park Additon to Edmond, Oklahoma in close proximity to shopping, dining and major roadways. See more of this at www.JessieTeehee.com or call 1-800-784-7541 ext 0 to learn more about this home.
Here is a repost of a great artilce from USA Today about the economy in OKC http://tinyurl.com/mubv5q that certainly defies most of the attitudes I sense when talking to folks about buying and selling real estate.
And as a matter of fact, if you are a First Time Homebuyer and looking to take advantage of the $8,000 tax credit, proactively you have 50 days and counting to find and negotiate that home. I have clients that have already submitted and received their money, so its not a hoax, its there!!
When home shopping, know what your willing to compromise on and what you are not and when making an offer, forget the "great deal" mentality and make a fair deal that you can live with. If your requirements are specific, like a home with a pool and a big backyard under a specific price range, you may only have one chance to snag that home. Be wise and listen to your Agent; both should do all your homework.
Dont miss out on this opportunity; it may not come around again.....
I dont get to keep up a good blog as often as I would like, but today, I find a little bit of free time and a couple artilces I came across that I thought would be of use.
Unlike other parts of the Nation, the Oklahoma City Real Estate Market is going strong as related in this article http://tinyurl.com/npe6jt, especially homes between 100 and 150K. A really great range in our market especially for first time homebuyers who now can take advantage of the $8,000 tax credit for closing costs as outlined in this article by HUD http://tinyurl.com/m9zyzg. I'm under the impression that by monetizing the credit, if not fully used, it can still be redeemed on next years taxes. So, if you only use 5K for closing costs, you could redeem a 3K tax credit on next years tax filing. If that works, and its yet to be seen, why wouldn't anyone get off the fence and stand next to their own?
How do these two artilces fit? NOW IS THE TIME TO GET THAT FIRST HOME and by the market indicators for Oklahoma City area, you are sure to be making a wise investment.
Hey, first-time homebuyer: How does $8,000 from your Uncle Sam sound?
Want an extra $8,000? If you're a first-time homebuyer then we have a nice surprise for you.
Last fall, the Federal Government introduced a financial incentive to prospective first-time homebuyers - an income tax credit of up to $7,500. The rules were simple: you must have been a first-time homebuyer (as defined by not owning a home in the previous three years) and you met certain income restrictions. This tax credit was actually an interest free loan paid back in $500 increments annually and if you sold your home before it was paid back, the remaining amount would be collected at tax time.
NOW....
The new $8,000 tax credit is available to those who buy between January 1, 2009 and December 1, 2009. It's not a deduction, it's an actual credit. Unlike the $7,500 first-time homebuyer tax credit introduced last summer; this does not need to be repaid.
First timers who qualify can make no more than $75,000 in adjusted gross income if they're single or $150,000 if filing jointly. The maximum tax credit is $8,000 or 10 percent of the sales price of the home, whichever is less. Three years residence in the property are required. As always, check with your accountant for details and be sure to submit IRS form 5405 when you file your taxes. This credit may be claimed on this years taxes; again, check with your accountant.
When you're in the market to Buy a home, call on an Agent that will be your Advocate with Exclusive Representation. Call Jessie Teehee, "YOUR Real Estate Advocate" with Keller Williams Realty in OKC - (405) 463-6709 or visit my site at www.JessieTeehee.com to learn more about my service to you.
Its over, except for the Inspirational Breakfast, its over. This was my first and most certainly wont be my last. There was so much to learn, so many vendors to see and so much networking to do. The days were full, long and very impressionable. There's no way to explain what you miss if you didnt go; you literally have to be there to "get it". Its amazing that no matter your production level, how well you think your skillsets are in particular areas, there is still plenty to learn.
My focus was on Technology and Scripts. I ride myself on being technologically sound and in need of scripts. Scripts seem to be something I have fought for years and now I realize without them, there is no thriving or surving a shifting market. I was fortunate enough to come away with plenty of nuggets and plenty "jazzed up" to use them.
I noticed a common theme throughout the breakout sessions and summize that 1) Technology is as necessary as breathing; 2) Lead generation is as necessary as Technology and 3) Effective lead generation can only be effective with great scripts. This was a common factor among all panel members and individual speakers. Another tidbit that I'm still considering is Coaching. Coaching was stressed throughout. I'm still not convinced that its not a means to generate business or if these presenters really get coaching. I'm a bit cautious when it comes to spending money, so I'll sit on that one for a while. Something else I noticed - never was commissions or money ever mentioned as a motivating factor. It was purely client focused and I have a great appreciation for that. I would submit that if your "Why" is the money, to re-consider your focus. Sure we do this for our livlihood, but it should not be the primary reason.
Anyway, I made a lot of great contacts and met some extraordinary folks; I hope to see down the road. Good selling and God Bless you all this year.
I have been with Keller Williams for about 6 years now and this is my first trip to "The Big Event", Family Reunion. I've heard so many great things that come from Convention, now I am able to experience it firsthand. Today was day one and what a great day.
I had the foresight to sign up for and was privelaged to attend the Marketing and Technology Survival Guide, by Realtor.com with Max Pigman (www.maxpigman.com) and what a time. It was filled with a wealth of information and I was quite impressed with the use of the REMOTE (Real Estate Marketing Optimization & Technology Education) feedback system. We were able to conduct surveys and get immediate feedback.
Lot of emphasis on social networking; some easy to use free mediums to market roerties for sale. Good luck to you all; I hope you are having a prosperous year and to all my fellow KW colleagues, look me up at "The Big Event".
I just finished watching Facing the Giants for the third time and I never tire of watching it and learning from it. Its an excellent spiritual motivator and the more I watch it, the more I really watch it.
As the movie went on, I began to trade places with the Coach, as we have some likeness, and contrasted his position with my own. Given the general consensus of our economy and the attitudes associated with, I determined my Giant are the economic attitueds with those I come into contact with. Trying to help others overcome their own fear of buying or selling in a volatile economy without misleading, misinforming and misguiding my clients. That is my Giant for the coming year.
After deliberation, I was reminded of 4 things: 1) Nothing is impossible for God; 2)We are a people called to serve Him; 3) He wants us to succeed and 4) with God, fear has no place in our life.
I'm taking a vacation over the next 10 days to a place where I'm sure to get perspective. I pledge upon my return to write down and remind myself daily the 4 reminders about my Giant with the faith that God is my rock, provider and source of life.
What is your Giant? How will you face it? I wish a blessed year for all in 2009.
I'm not much for writing because I'm not too articulatet so I'll try not to ramble too much. This blog stems from a recent encounter that may or may not develop into a transaction, so, I'm gonna get on my stump.
Maybe some of you are familiar with the term "Bell Curve" and some may not. For those that are not, here is the best way to explain it. Picture if you wil, or draw on a piece of paper, starting from the left moving right then a large upward curve, back down again and end to the right creating a bell shape. Now, draw two perpendicular lines along either side of the "bell". Now, remember back when you were in school, or perhaps even now, the groups of people around you. To the far left, the underacheivers - dopeheads, losers, etc. To the far right were the overacheivers - geeks, jocks, math club members, etc. Then you had the average run-of-the-mill folk - average - and we'll put them at the top of the bell.
NAR statistics tell us that the average Real Estate Agent completes 2-3 transactions annually - yes, annually. Thats really sad that these agents are able to exist given the complexity and diversity of each and every transaction. Of the 35-45 transactins I complete annually, I can say that none, yes none, have been exactly the same or even had the same variables. This brings me to my current situation.
It appears that I could be in the early stages of working with a Bell Curve Agent. Now I dont want to pass judgement too soon, however, if it walks like a duck and quacks like a duck, should'nt I presume its a duck? Lets look at the facts: Based on my fact finding, questioning, research, etc, this listing was overpriced by $50K for over 4 months; no cma was done, it was just a whim on the listing price. In this market, any market weather on the rise, stable or on the decline, a thorough CMA should be completed to enable a positive outcome. This agent is seldom available, unprofessional in demeanor and does'nt even use the proper Real Estate Commisson forms!! I can't help but presume her clients, the Sellers, have been misled, misrepresented and have had false hope instilled in them for months; too bad for them. Now, mabe I'm putting the cart before the horse because we are just in the negotiating stages, but, if getting the right price is this difficult, what happens when real problems arise? What kind of reaction should I expect? This remains to be seen.
So what should I expect? Twice the work for half the pay? A turbulant experience for my Buyers? Or do I just smile, make the best of it for the duration and try not to degrade my counterpart, or all of the above. It amazes me that after 10 yrs experience that this agent cant perform any better for the greater good of all. Instead, this agent exemplifies the "Bell Curve" agents that we have all had to endure and will endure all long as this profession exists. Why do these part-timers enter into a profession without professional intentions? Real Estate Transactions dont have to be difficult, but it does take a professional attitude from start to finish. Why cant part-timers just remain clerks or wal-mart greeters; it doesnt take any more effort than they put into real estate?
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