File your Riversdie County Prop 8 form before 03/31/2008, See attached link http://riverside.asrclkrec.com/ACR/INassessment.asp#prop8

Well the weather has finally decided to give us a little retreat. Should be a good weekend for open houses. Looking forward to fall and the nice cool weather. Wow we just had another earthquake....! Get busy Realtors, work,work,work! Make sure you write down your daily goals or you will never get them done. Get ready for the new market it's exciting! Get your investors inline! Do not forget to be greatful everyday for somthing!

Have a Wonderful Day

Lisa Kay

Century 21 Olde Tyme

Good morning everyone! I am looking for energentic Realtors looking for a change in todays changing market. If you would like to join my team at Century 21 Olde Tyme, Please send me a note or call me for a personal tour of our excitng newly remodeled office! We are excited about the oppotunity that is coming up in the Real Estate Market. This time we won't miss the boat. Get in touch now with all your investors!

Have a great and productive day!

 

Lisa Kay

Remember we are the professionals and we need to act like one. We are here to educate our clients, not to give them legal advise but to educate them in Real Estate and Finance. I have discouraged many buyers when looking for a home to not buy over their financial ability. I've told them "You do not want to live for your mortgage payment" Life is too short enjoy it! I have been a home owner for 25 years and I know how hard it can be at times. Our first time buyers and young couples need to be taught the reality of home ownership. If I lose a sale because of it, then oh well.  I know they will come back to me later or even refer a client to me that is ready to buy or sell. Maybe I feel more confident talking finance with them since I was in Lending prior to Real Estate, however I feel that is part of or job description since we learned about it in Real Estate School and it is all part of the process.

As professional Real Estate Agents we are taught to stay positive about the market even when the market is down. Tell you sellers everything is fine, even lie if you have to. In Reality I agree we need to be positive, I believe we should always be positive in life no matter the circumstances. however I do not believe in misleading our clients in any way, we need to be honest with our sellers and educate them on the current market. I know lately it has been tough to predict what was ahead but now reality is here! The market is horrible right now and it is going to get worse before it gets better. Between 1976 and 2005 the average ratio of home prices to income was around 127%. We currently are about 80% over the historical average. Lenders have been loaning money that should have never been loaned to consumers that should have been in a different price category. Foreclosures are now at a record high and we are just staring this ball game! We are currently in about the second inning and we have a long way to go before we hit that 9th inning! The good news is this is going to be the best opportunity we've had in years for investors and the youngsters that could not afford to buy in yesterdays market. We are also eliminating the Realtors that didn't actually have to work Hard for a living and at this point do not want to. It also gives us the opportunity to let the sellers know, if they want to sell, they better do it now and they had better be the best price on the block, otherwise the better plan on staying put for a few more years!