realtor in elling: Why do all Realtors say Buyer Representation is free because commission is paid by the seller? - 07/27/12 09:29 PM
A question Asked by Brian, 91711 • Yesterday at 8:58pm  If I am a buyer, and my loan is funding the purchase, and proceeds from my loan pay the commission, isn't the buyer indirectly paying the commission.  On that logic, shouldn't the buyer be able to negotiate % point commission reduction as credited back to the buyer.  Also if a transaction is being handled by a double dipping broker, shouldn't the buyer be able to ask for another percentage concession!
Obviously, I can't let this pass my early morning routine without offering my own opinion. To spill it out:
All professional services … (4 comments)

realtor in elling: How can a Mortgage Broker Mend a Buyer's Broken Heart? - 07/21/12 09:27 PM
Indeed, you can't count your chicken before it is hatched despite the lucid life breathing in the embryo lulling comfortably inside the shell. Well, that was the picture I could see until  ONE GLOOMY DAY.
 
Apparently, the chicken might not reach its full term. 
 
I could dwell in exasperation and frustration with this transaction nearing consummation for days because of imminent lost commission and time where I could have put to use in something more productive. But it is a duty call a buyer's agent has to attend to.
 
In two occasions, I have likened a lady-in-waiting for the gas and electric company to … (23 comments)

realtor in elling: Putting Your Face Out and the Multi-Face-ted Leads - 07/15/12 11:13 PM
Does a profile picture endorse our own letter of recommendation?
By proactively utlizing the social media and stamping our profile pictures on each and every personal and aggregate websites, blogs and picture-sharing sites such as Pinterest and Google, we mulitply our face exposure exponentially.  
My follow up questions would be: "To whose desk this letter of recommendation most likely would land?; "What type of employers/prospects catch your attention?; "And are these employers/prospects legitimate or dangerous?"   
Indubitably, we Active Rainers recognize the advantages of face recognition. These are notable in the blogs by Ginny Gorman of Kingston, RI:"What Face Recognition … (2 comments)

realtor in elling: Game Theory and Real Estate Negotiations - 07/15/12 12:57 AM
This post by Susan and Howard explicitly explains that real estate negotiations should not be an ego battle between two agents and the parties they are representing. Having a successful transaction is a compromise and an absolute win-win situation, in reality, is perfectly imperfect.
                             Game Theory and Real Estate NegotiationsGame Theory is an extremely complex study of human decision making.  It views the relationship between mathematical models and rational behavior.  It can be applied to economics, political science, biology, computer theory, philosophy and a million other common and not so common situations.  This anaysis is a very simplistic view of a … (3 comments)

realtor in elling: Professional Look Under Fire - 06/29/12 01:24 AM
Not until my client bluntly criticized the outfit of another agent  that I started being conscious about my own clothing style especially under a scorching heat of the sun. "Hah. that should not be the way professionals should carry themselves," were her exact words. 
My client, who could have primmed and preened for an hour, had the chance of meeting the other agent for the final walk through of her buyer-client thirty minutes before the closing. Clad in neat beige blouse matched with a darker-hued ladies' pants, prim and proper as always, the seller greeted me at the door after I … (8 comments)

realtor in elling: YOU ARE THE CHILD OF THE UNIVERSE - 06/18/12 04:37 AM
DESIDERATA
"Go placidly amidst the noise and haste, and remember what peace there may be in silence. As far as possible without surrender be on good terms with all persons. Speak your truth quietly and clearly; and listen to others, even the dull and the ignorant; they too have their story.Avoid loud and aggressive persons, they are vexatious to the spirit. If you compare yourself with others, you may become vain or bitter; for always there will be greater and lesser persons than yourself.Enjoy your achievements as well as your plans. Keep interested in your own career, however humble; it is … (1 comments)

realtor in elling: With FAITH, Nothing is IMPOSSIBLE - 06/16/12 12:28 AM
Touching, inspiring and moving. This story hit my inbox today. I am spreading this around not only because of my strong and unflinching love for the dogs but also for the inspiring story behind FAITH. Indeed, with FAITH, nothing is IMPOSSIBLE.
This dog was born on Christmas Eve in the year 2002.He was born with only 2 legs - He of course could not walk when he was born.Even his mother did not want him. His first owner also did not think that he could surviveand he was thinking of 'putting him to sleep'. But then, his present owner, Jude Stringfellow, met himand wanted … (16 comments)

realtor in elling: IN A BLINK OF AN EYE- ANYTHING CAN HAPPEN - 06/13/12 10:19 PM
 
When I learned two days ago of my colleague's WAKE - as described by a friend of mine-- is the term which came about in the earlier times when kith and kin of the beloved departed waited for the corpse to wake up from its slumber-- the realization that LIFE is indeed a mere borrowed existence in this piece of the universe dawned on me.
 
I paused and pondered. And asked myself, What actually is my purpose in life?
 
Before this deep reflection, my heart was prepared to write a blog about the whole acrimonious experience with a realtor who made my … (5 comments)

realtor in elling: Turning a Blighted City into a Beauty- New Britain Connecticut - 05/30/12 09:56 PM
For $22,000, the Berkowitz building in New Britain, Connecticut is on it's way(?) to a transformation from being the biggest eyesore in the city. The decrepit edifice on 618 Main Street is owned by Bainridge Street Realty based in Staten, New York eight and was bought 8 years ago for $225.000.
As part of the deal, the city of New Britain would forgive the tens of thousands of dollars in fines that Bainbridge has piled up for health, safety and building code violations. The sale of the building was reported to transpire in June this year.
"It's first-floor retail and upper-floor apartments have … (1 comments)

realtor in elling: The HIGHLIGHTS of Certified Distressed Property Expert (CDPE) Class - 05/22/12 12:08 AM
"There is only one corner of the universe you can be certain of improving, and that's yourself."
The CDPE class sponsored by Greater Hartford Association of Realtors (GHAR) last week was an absolute success in many points and aspects. 
Our instructor Aaron Rice exuded with unbelievable energy and unpretentious persona. Because of these qualities, the knowledge he was imparting the students was digested with enthusiam by the class. His teaching method was an amalgamation of bravura--to fortify the key points; resilience- to acknowledge and listen to contention; conviviviality-to whisk away ennui, and the passion for music to invigorate the senses during … (4 comments)

realtor in elling: The Indelible Marks in our Business Transactions - 05/04/12 11:35 PM
 
Our business has perks that money can't buy---the deep friendship we developed with our clients. 
 
Yesterday, I have reunited with the sellers I prospected from FSBO during my first few months in real estate.They moved to Virginia after I sold their lakefront home in Bolton. It was a daunting task for an inexperienced realtor. The reason was simple.  I did not have the arsenal that other experienced realtors have.
 
In our first few months in the business, even the realtors who were marinated with seasonings and ingredients by their parent mentors, coaches and managers, we paddled through the enormous … (5 comments)

realtor in elling: The Misunderstood Breed and its Cost to the Owners - 04/26/12 10:53 PM
Pitbulls are the most misunderstood breed among the canine family. They gained their vicious and notorious reputation because of  the widely reported pitbull attacks and the inhumane exploitation by heartless, self-serving, repulsive and condemnable individuals who use them as fighting dogs.
Even the ASPCA states that along with putative over reporting, false reporting is a major contributor to public perceptions about the breed. Adding to this miconception is NFL's Michael Vick's brushed with the law for animal cruelty. Media loves celebrity stories. They sensationalize and spice them with flavorful condiments to induce media hype to the detriment not only of the dogs' reputation … (6 comments)

realtor in elling: How Dare You to Tell Me that It is None of My Business!!! - 04/25/12 03:02 AM
  Aren't we irked sometimes by the boldness and discourteousness of other real estate professionals?Professional? Perhaps, on this occasion, I should refer to this person as an agent. Just an agent so as to give more respect to other realtors who conduct business professionally.
Now, to get to the gist of this early day friction on a telephone conversation, I called the agent this morning to inquire about the status of the short sale process for the property my buyer is interested in. The recording announced that she is out of town. I left her a message detailing the inquiries.
Her … (5 comments)

realtor in elling: Dangerous Spices and Salt on the Rack - 04/18/12 10:55 PM
K2, Spice, and Bath Salts are Illegal and Banned from Sale in Connecticut
 
The Department of Consumer Protection, on March 26th, 2012, banned the sale of “bath salts” and synthetic marijuana products in Connecticut. The regulation passed by the DCP designated these products as  Schedule 1 controlled substances.
 
Schedule 1 includes drugs with high potential for abuse such as heroin, methamphetamine and LSD, and carries the toughest penalties for violation of laws concerning possession and use.
 
According to DCP,  the U.S. Drug Enforcement Agency (DEA) temporarily banned so-called "bath salts” last year. The product had been sold under different labels online and … (4 comments)

realtor in elling: What is Meant to Be is Not Pure Destiny - 04/11/12 10:34 PM
"If it is meant to be, it is meant to be" is a phrase, although overly-used, has been one of my favorite lines to appease buyer's missed opportunity. However, the truth is, there are things, happenings and events in our life that are meant to be. These are not reliant or dependent on the universal force to make a significant leap.
In home buying process, the buyer has full control of the following:
Offer: If your offer is low ball that even the most skilled pitcher can't catch it, chances are, it will land flat on the ground Financing: If you buy a … (3 comments)

realtor in elling: Steps to the Majestic Lake Pocotopaug East Hampton - 04/09/12 07:38 AM
Splendid Home Graced by Oak Floors Throughout, Sunroom w/gas stove overlooking the Majestic Lake Pocotopaug,782 Sq.Ft. of Finished Basement(included in the Sq. Footage) Tennis Court, Beach Rights, New Garage Door. Central Air in the 2nd level. Sunroom is 18x14 w/ Bay Window & Slider to a Balcony & Backyard. Tall Enclosed Fence w/ Hot Tub for Privacy. French Door in the Living Room opens up to the Sunroom with Vaulted Ceiling. A Fantastic Addition to the Home. Property has so much to Offer.
 
(0 comments)

realtor in elling: They Clearly Understand the Words Coming out of my Mouth!!! - 03/31/12 10:29 PM
Coming up with the perfect and appropriate words in converying our thoughts can snag abruptly. Even the holder and keeper of the English native tongue is not invulnerable to such snags and quandaries. Polticians, teachers, public speakers and broadcasters can hit this impasse too.
For individuals born with other native languages, there are times when words don't come easily. Compounded by the inherent accent, the expression of thoughts might impose a problem.
I wrote MIGHT because it is not always the case. Communication is a key element in our sales business. There are moments when I can inevitably get conscious about … (6 comments)

realtor in elling: Applying the Physics of Human Nature in Real Estate - 03/21/12 02:58 AM
Human Nature is such a complex subject. This complexity explains why getting along with everybody becomes an impossible task or undertaking.  But because we are in the sales business, embracing both the significant and the underling is a primordial requisite to keep buoyant lest be drowned by your lack of resilience and sensitivity.   Doppler Effect of Communication: There is always a distortion between what a speaker says and what a listener wants it to be. The speaker here can be you, the realtor, and the listener would be your seller. No matter how clearly you talk about your facts pertinent to … (4 comments)

realtor in elling: The Power of the Delete Button - 03/13/12 10:20 AM
Our wiser folks instilled in us to bite our tongue and think twice before you say something. "If you have nothing nice to say don't say anything at all." These words of wisdom are not intended to curtail your freedom of speech. They are handed down to us through the passage of time to evade personal attacks. It is also called yellow character assassination.
Just today, a professional posted a comment to my blogs " You can attract more bees with honey than vinegar" and "The Don'ts in applying for a Mortgage."
I would like to thank him for reading my blogs and … (5 comments)

realtor in elling: You can Attract More Bees with Honey than Vinegar - 03/11/12 08:36 PM
In real estate, there are instances when diplomatic gestures work more effectively than aggressiveness. I learned to apply this idiom even in the most trying personal experience.
Scene Example:
Being the only parent of my children, I have the tendency to become overprotective because it is only "me" they got.After a week at PS 101, Queens, NY, my son who was just transplanted from the Philippines for barely a month, was watching tv when I came home. His five-year old sweet and loving face looked at me with a smile but as a mother, I knew something was bothering him. He … (5 comments)

 
Maria Gilda Racelis, Home Ownership is w/in Reach. We Make it Happen! (Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington)

Maria Gilda Racelis

Home Ownership is w/in Reach. We Make it Happen!

Manchester, CT

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Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington

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