In Her View...

Best Response and Like Button - Why don't we have these yet AR?

Sarah O'Connor, Sarah O'Connor (Coldwell Banker The Legacy Group) — Wed, 24 Mar 2010 20:06:54 -0700

As I buzz from one social networking site to another today, I realize my status on Facebook had several "likes".

Then an answer of mine on Trulia received a "thumbs up".

And perhaps, the response I just left will receive a "best answer" award by the asking party on Trulia as well. These little pats on the back add up and boost ones social networking confidence!

So Active Rain, how can I get these little pats on my back for comments I have made to ones blog that they feel is extra special, or when others feel my blog has good content but feel it's more a rhetorical blog not worthy of a meaningless"nice blog" comment, or when another reader agrees to my comment?

Does it surprise you that this?

Sarah O'Connor, Associate Broker

Coldwell Banker The Legacy Group

Sarah@CBTheLegacyGroup.com

307-258-3929

307-315-6161

632 South David Street, Casper, WY 82601
Sarah.CasperOpenHouse.com

Spring is Here - Have Fun with Your Cleaning!

Sarah O'Connor, Sarah O'Connor (Coldwell Banker The Legacy Group) — Thu, 18 Mar 2010 18:36:07 -0700

Spring is upon us, and it's time to dust off the old mop and get ready to do some deep cleaning. Don't worry-spring cleaning can be a fun and rewarding experience, if you approach it with the right mindset!

FIVE FUN AND EASY SPRING CLEANING TIPS

• 1. Dance while you dust: This is the perfect time to fully indulge your musical interests; break out the iPod or turn up the CD player, and you'll be singing along to your favorite tunes and won't find cleaning to be a chore at all!

• 2. Clear out the clutter: Take the opportunity to dig into the closets, storage spaces, and of course, the garage. You've probably got a veritable treasure trove of old clutter that's just taking up space-now's the time for a yard sale! Turn that clutter into cash.

• 3. Room by room: Try to focus on just one room at a time, and try to complete one room each day. This will make the whole job seem more manageable, and you'll probably get things cleaned more thoroughly than if you tried to tackle the whole house at once!

• 4. Just a little more laundry: One of the things that we rarely attend to is the state of our draperies, shower curtains, and rugs. Now is your chance: gather up every spare bit of linen in the house and have it laundered; you'll be surprised at how much brighter your home will look!

A room with a view: It's time to tackle those windows! Set aside a special day to give your windows a good scrubbing. Clean off any screens while you're at it: your home will literally sparkle once you're finished.

Sarah O'Connor, Associate Broker

Coldwell Banker The Legacy Group

Sarah@CBTheLegacyGroup.com

307-258-3929

307-315-6161

632 South David Street, Casper, WY 82601
Sarah.CasperOpenHouse.com

A Refresher of Tips for Life

Sarah O'Connor, Sarah O'Connor (Coldwell Banker The Legacy Group) — Wed, 17 Feb 2010 17:57:09 -0800

The cold air will only linger for short while longer! It is times like these, when the snow on the ground is the same snow we have seen since October, that we turn to our not so positive thoughts. I was in that exact spot until I refreshed myself on a motivational sales course I completed the Spring of 2009 at the University of Wyoming with instructor, Josh Dorrell.

Whether you are in sales or corporate America, these ammended life lessons can be applied in your personal and professional life! So... Turn to the positive! And Start it NOW!

Tips for Life

Seek first to understand, then to be understood.
Do or do not. There is no 'try'.
Life is Neither Fair, nor Easy!
Invest in Yourself. Keep Learning.
Don't Worry---Take Action!
Love your job! Remember who you serve!
Move Fast; Take Chances; Fail FORWARD
Say "no" to the Blame Game.
See the Big Picture in Life.
Be where you are. If you are at work: work. If you are at home: be at home!
Persist!

Sarah O'Connor, Associate Broker

Coldwell Banker The Legacy Group

Sarah@CBTheLegacyGroup.com

307-258-3929

307-315-6161

632 South David Street, Casper, WY 82601
Sarah.CasperOpenHouse.com

What is Cap Rate? Explained.

Sarah O'Connor, Sarah O'Connor (Coldwell Banker The Legacy Group) — Wed, 17 Feb 2010 14:51:18 -0800

Via David Monsour (Prudential Bob Yost - Sites):

We hear the term "cap rate" thrown about all the time. What is cap rate or what is the cap rate in your area? I don't think most Realtors even know what cap rate is, or how it helps someone assess a property. I think most Realtors just say 10% by default.

Very Basically cap rate is defined as the following

Capitalization Rate = Net Operating Income / Value (Selling price)

If we assume a 10% cap rate then we should be able to solve for whichever variable we are looking for. I think most commonly we use the two known variables of Net Operating Income and Value to come up with cap rate.

What if we want to establish a desired cap rate...surely investors don't default to 10%. So to figure out a desired cap rate you would consider the following three items.

1.) Return of Investment (how long it will take the investor to to recoup their initial investment)

2.) Return on a low risk or safe investment (bonds, savings account etc)

3.) Return for the added risk on this investment (percent you want to earn per year on your investment)

So lets put some numbers with this.

1.) You expect it to take 20 years to recoup your investment (1/20)x100= 5%

2.) Lets say for this example you can put your money into a savings bond at 3%

2.) You'd like to earn 5% per year on your investment = 5%

Add them all together and you have your desired Cap Rate of 13%

Now that you have your desired cap rate you can use that number to solve for either desired NOI or Value.

David Monsour, Realtor with Prudential Bob Yost - Sites Homesale

Buying, Selling, or know someone that is? Call me I'd love to help.

Cell 717-319-3408

Sarah O'Connor, Associate Broker

Coldwell Banker The Legacy Group

Sarah@CBTheLegacyGroup.com

307-258-3929

307-315-6161

632 South David Street, Casper, WY 82601
Sarah.CasperOpenHouse.com