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Quality Time - 09/30/07 10:06 AM
Her I am blogging in my hotel room in Lafayette Louisiana. I am over here with my daughter who plays soccer. I wish I was at our open houses in Chalmette working with my colleagues. I really feel hey will sell some houses today. Well I know I would rather spend time with my daughter while she wants me around. There will always be next weekend. I will get my sales next week. the saints don't look to good this year. I guess that means I can do an open house while they are plying. Remember, spend as much quality time … (1 comments)
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Thanks - 09/27/07 08:39 AM
I want to thank all of you who answered my question about the military and landlords. I forwarded the information to my neighbor as fast as it came to me. Seems the landlord gave in once told of certain laws designed to protect the military families. I guess he figured he was beat no matter what he did.
On a lighter note. My first meeting with a Chinese client went very well. I gave him something for health, vitamins etc. I didn't get a listing but I did get second visit for next week it seems. This one will be interesting.
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Ancient Cultures - 09/25/07 09:36 PM
My broker and I are going to visit an Chinese family in hopes of listing their home. The acquaintance that led me to this particular family said I should bring a gift to them. Seems that in Chinese culture you bring them a gift of health. Things like vitamins and nuts etc. This will be an interesting meeting tomorrow. I can't wait to update my blog tomorrow. I wonder if bringing things to every meeting would be a good idea? … (4 comments)
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Question - 09/24/07 07:33 PM
I need some input from my fellow Realtors. I know i can get the needed information from you. I have a neighbor whose son-in-law has been activated for the Army. They are currently leasing an apartment that doesn't want to let them out of their lease. Does anyone know of a law that will exempt them. After all this guy is going to Iraq, I think we should thank him and give him all the support we can. I will be glad to read your suggestions. Thanks. … (8 comments)
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What do you know? - 09/23/07 06:54 PM
If anyone remembers my blog from a couple of days ago, I said I was going to try something new. I put my canopy right in front of my open house. What do you know we had two visitors and wrote one offer. Considering we didn't advertise because of possible inclement weather not bad. These houses are a screaming buy. I will post some pictures for people to take a look.
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Desperate Times - 09/21/07 08:15 AM
I have some listings that just aren't generating much activity. So I am pondering doing something radical, at least for me. Gone for now are the days when sticking a sign in the front yard will get results. Starting this weekend I will start camping out on the front lawn with my canopy, table and chair. I will have to chase anyone down who even slows down. What can I say desperate times call for desperate ways. … (8 comments)
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Frame of Mind - 09/19/07 07:56 AM
I caught a lot of grief with my last blog. I wrote about the interest rate cut and maybe it would help mortgage loans a bit. Just look at the response the market had to the rate cut announcement. You can't tell me when the market goes up, the wealth effect from it helps one frame of mind. Even if it doesn't go up a bunch you still feel wealthier than when it declines. At least it makes me feel better. … (4 comments)
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Fed Watch - 09/17/07 08:15 PM
I like other Realtors and economists etc., are eagerly awaiting their decision tomorrow. Most economists expect a quarter point drop. I don't think this will ignite a fire under home buyers but it is a move in the right direction. I think it will still have to go lower and then people might get the confidence to dip their big toe in the water. I just wish I had a crystal ball to know what twelve months down the road holds for us. … (7 comments)
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Who's to Blame - 09/16/07 07:00 PM
I heard Alan Greenspan on Sixty Minutes tonight. You remember him right? The former Federal Reserve Chief. The one who set the interest rates for the economy. After the terrorist attacks he lowered the rates to one percent or so. Well the mortgage companies were still charging 4-5 percent. This was a huge spread for these companies. They were making a fortune. This also led to increasing home prices. People were using their homes as ATM's. The good times would last forever. Well guess what, they didn't. People's income didn't keep pace with rising home prices. I believe everyone is to … (4 comments)
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Staying Active - 09/13/07 08:12 PM
Even though the market is a bit slow, I have been keeping fairly busy myself. I dig up old contacts and keep my name in front of them. This isn't insurance people love to talk about real estate and how it pertains to them. I also realize more than a few people don't have the first clue of how to buy or sell a home. Boy do I love those guys. I am always glad to be of assistance.
Give it a try people talk to two or three people a day and you will be surprised what happens. These people … (2 comments)
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Why So Much - 09/12/07 05:30 PM
I recently put a for rent sign on my rental property. New to this business, this was the first time around for me. A lady passing by asked about the rent. I promptly told her and I could tell by her face she thought it was to high. I then told her I had spent a lot of money to get it in good shape. They were like new inside. I told her to come and take a look which she turned down. Anyway my point was to show her what her money was going to get. She could find something … (7 comments)
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Reasonable People Update - 09/11/07 04:40 PM
I just wanted to give an update to everyone who read my post last week. The listing broker finally persuaded his agent to sign over his share of the escrow money. I just wondered what took so long? Any way I found out from him that the next door neighbors house is going up for sale. Guess what? They want to use the same listing agent I just dealt with. I believe I am going to take a drive and visit these unsuspecting people. Maybe I can be of use. I will let you know. … (2 comments)
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Reasonable people - 09/09/07 10:13 AM
I hope everyone is having a good weekend. I can't wait for some fall weather to move in. I recently closed a rather difficult deal on a modestly priced house. In the end the listing agent never fully read the purchase agreement to the seller. Seems the seller removed items that were in the agreement. When this was brought up before the closing the agent hadn't even realized this. To make a long story short, the agents (myself and you know who) agreed to escrow some funds. The seller was to return the items and the money would be released to us … (8 comments)
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My how things have changed - 09/07/07 05:44 PM
I just read that they expect more foreclosures than new homes built. WHAT are you kidding me? I can't believe things have gotten this far out of control. I believe the loan officers and mortgage companies lowered there standards to much for profits. Well one thing I am sure of is there will be a price to be paid. This will come the way of layoffs, reduced earnings etc. Maybe they will learn by their mistakes. Somehow the blame always goes somewhere else. … (1 comments)
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Doesn't get any better than this - 09/05/07 09:30 PM
Hey Eric look what I was catching this weekend. Caught this beauty in Black Bay in St Bernard Parish. This parish was destroyed by hurricane Katrina in 2005. Sad to see when I drove by the neighborhoods still aren't very populated. Anyway I know you are jealous. This one was the only redfish we caught along with about 40 trout. Caught them at Lonesome Island. … (2 comments)
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Big daddy to the rescue - 09/04/07 11:54 PM
Don't worry everything is going to be swell. The feds are going to bail all of those who got in over their heads. You remember, no money down loans, 50 year amortizations. No problem we will take care of you. How about for once letting the free market work off the excess. The housing industry along with the mortgage companies got a little to ambitious. Also the hedge funds, pension funds etc. saw unending easy profits from real estate. I say rattle the can and lets see what falls out. … (0 comments)
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Summer Doldrums - 09/03/07 07:48 PM
Yep that is where I am. The phones aren't ringing much, the e-mail has all but stopped, not even the wind is blowing. Whats a Realtor to do? I decided to get off my duff and beat the bushes. First I called and spoke to as many of my old clients that I could find. Second I started some advertising. I don't know if this will work but I have to keep my name in front of people. I would love to hear how others keep their name in front of their clients. … (1 comments)
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John Walters (Licensed in Louisiana)
Slidell,
LA
More about me…
Frank Rubi Real Estate
Address: Slidell, La, 70458
Office Phone: (504) 470-3199
Cell Phone: (985) 640-1817
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