real estate expertise: Happy Camper!! - 09/16/08 09:46 PM
I had a rough week last week. 1 resurrected offer, 2 buyer offers and a listing offer. 2 listing appointments.
Should be a good week, but I felt like something was not quite right.
I think it goes back to me focus on lead generation. I have been calling about 8 … (4 comments)
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real estate expertise: Worried you can't make your housing payments? - 09/01/08 11:51 PM
You are not alone!! Short Sale?
More and more, we are coming across people who are in this situation.
Many have had a change in situation: job, divorce, illness and just can not make the payments.
and because home prices have stopped spiralling upwards, they are also what is called … (2 comments)
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real estate expertise: Now is THE time to Buy a Home - Part 2 - 08/29/08 09:37 PM
Question,
If we are in a buyers market, why are buyers doing everything but buying?
ie they seem to be waiting for the "Bottom" ie trying to time the market.
Here's news for you. You can not time the market. Not Real Estate, not any market.
WHY?
Because … (3 comments)
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real estate expertise: Myth and Mythunderstanding, FSBO beliefs - 08/20/08 09:28 PM
I spend some time these days calling unrepresented sellers as part of my 3 hours of daily prospecting.
It is interesting that I hear the same stalls time and time again.
More and more I am hearing the one that I can't afford it. My debt is more than my asking … (15 comments)
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real estate expertise: Giving your clients a nudge!! - 08/19/08 08:51 PM
I came across this very insightful article today. Actually it was sent to me by Matt Anderson of the Referral Authority. He publishes out an E-zine and is a coach for anyone cultivating a business by referral.
Think most people make choices that are in their best interests most of the … (1 comments)
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real estate expertise: Market Update, July 2008, Madison Wisconsin - 08/16/08 11:22 PM
I have charted the monthly sales of single family homes in Madison Wisconsin. (not condos)
For comparison, I used 2007 figures. Here is what I found:-
The July 08 figure is a bit scary although this was taken August 10 and more sales may yet be reported. But I … (2 comments)
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real estate expertise: Seller BuyDown, net sellers more $$$, save buyers $$$ - 08/07/08 10:59 PM
Once in a while an opportunity runs aground because the buyers and sellers can not quite come to terms. (I must say that the Real Estate Guy team has been very successful at negotiating to keep the transaction together.)
The art of negotiating is not something we take lightly in this … (0 comments)
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real estate expertise: What the Housing Stimulus Bill means to Realtors and Home Owners - 08/04/08 10:16 PM
The National Realtors Assciation promoted a Housing Stimulus bill which was signed into law July 30th.
Because of it's consequences in our industry, Realtor should be aware of its contents.
NAR President Richard Gaylord said "This legislation will go a long way to help stabilize the housing market and make the dream … (2 comments)
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real estate expertise: How to check out your Realtor - 07/03/08 11:59 PM
How can a consumer make sure they have the best agent, the most tech savvy?
1) Use the internet
Google the agent, how is their presence
Google an agent's;listing what results arise?
google search phrase such as "homes for sale in Madison Wi" see where the ranking is.
What tools are … (2 comments)
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real estate expertise: How Many Hats Do You Need To Wear As A Realtor? - 05/11/08 11:19 AM
This is not a trick question. I believe the answer is just one hat - an expert in real estate.
Does your client expect you to be an expert in appraisals, inspections, financing, title, etc.? No. I think your client expects you to be an expert in real estate, but have an general understanding of … (3 comments)
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real estate expertise: Video Email anyone? - 05/09/08 11:55 PM
Who uses video email?
How is it working? What do you use it for? Which company do you use? Any tips, suggestions?
I am considering using video email. I am thinking it could be a point of difference but I am surprised it's use is not more wide spread.
Real … (6 comments)
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real estate expertise: Novel search- by monthly payment? - 03/07/08 02:00 PM
Here in Madison Wisconsin, where the snow has been on the ground for an eternity, as has the mercury been hovering around Zero for what seems like years, though it is really only 3 months. I keep telling my prospects that once Madisonians see the first blades of grass the market … (1 comments)
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real estate expertise: Your True Real Estate Expertise Level vs. Your Number of Years in the Real Estate Business - 01/26/08 01:01 AM
How much experience do you really have in the real estate business?
Many people work in a profession, scientific domain or industry for 30-35 years and they feel that they are experienced and consider them selves at the top of their fields and take that number of years and apply it … (8 comments)
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real estate expertise: Real Estate Professionals Need to Clean Up their Communication - Learn How to Write! - 01/23/08 07:27 PM
People judge you and your expertise in your chosen profession by your ability to write well. They read your emails, letters, memos and even your Blog on ActiveRain. If it is your intention to raise your credibility level to that of an expert and be thought of as a consultant and … (16 comments)
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real estate expertise: Is your team effective or dead end? - 01/11/08 11:21 PM
Yes, it is all the rage for Real Estate Agents to form a team. I am one of those agents myself.
I have felt for a long time that my team is different, performs better than other teams, but it only recently hit me. Actually, I have known all along, just not really … (3 comments)
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real estate expertise: Five a day! Keeps your foreclosure away! - 12/06/07 09:24 PM
If you decided to do a marathon, would you just take to the street and run 26 miles?
If you are like me you'd make it about a mile with many stops along the way, and be so sore you'd never want to run again.
Same with Prospecting! Companies put on … (5 comments)
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real estate expertise: Welcome to Bryan, College Station Texas - 11/21/07 03:07 PM
Welcome to the heart of Texas Bryan College Station Texas. The twin cities are located about 95 miles north of Houston. About 166 Miles North East Of San Antonio and approximately 169 miles South of Dallas. The combined population is over 170.000 and growing. If you are relocating or just moving … (2 comments)
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real estate expertise: Saving for Retirement through Real Estate - 10/21/07 09:59 PM
Many of us have the same issue, that is to save for a college fund. What is the deal? save $300 a month for 15 years and you have $3,600 per year. or 54,000 plus returns on investment. Say $80,000,
I use a citi card with upromise which pays me $1 for … (0 comments)
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real estate expertise: Buying up- why now is the time to buy a larger home. - 10/17/07 10:08 PM
Real Estate, in Madison Wisconsin, like any place else. There is a time to buy and a time to sell. In general I would prefer not to be a seller at this time if I had a choice.
There is a gaping exception. When one is "moving up" or buying a larger house … (3 comments)
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real estate expertise: To sell or not to sell, what is the difference? - 10/09/07 10:47 PM
Based on what you've heard in the media, you'd likely be surprised to hear that I am enjoying this market. Yes, can you believe it?
Why in a tough market am I not only being more successful than ever but enjoying it more too?
Because I realized last year that in a new … (8 comments)
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real estate expertise: Buyers, Let's go now!! - 10/01/07 11:30 PM
Madison, Wisconsin. Buyers what are we waiting for?
Are you looking for a new home, or a small investment? Now is the time to do it.
Why?
In my 15 years as a Realtor, I have never seen such a good buying opportunity. There is more choice and sellers are actually negotiating. Buyers can get … (6 comments)
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real estate expertise: Wisconsin Housing sales ahead of the National! - 09/29/07 09:32 PM
According to our State Board of Realtors, Wisconsin is ahead of the national trend when it comes to comparing the second quarter this year to the same period last year.
National sales volume was down 10.8%. Wisconsin dropped 7.2. The Midwest overall was down 8.4, still beating the national trend. Despite the … (1 comments)
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real estate expertise: Effects the Fed Rate cut will have. - 09/18/07 10:20 PM
It sure did surprise me, the Fed cut the Interest rate by a relatively large 0.5%, when a quarter point was more likely. This is actually a pretty drastic cut for a group of economists who barely do anything too quickly.
see this article, Independent
What does it tell me. It says they are … (4 comments)
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real estate expertise: Benefits of a Team in Real Estate - 08/03/07 09:22 PM
At the Real Estate Guy, When helping our clients find and sell their homes, we believe in the highest standards of service, integrity, and respect for all.
From the outside, Real estate seems to be the easiest way to make a living and get rich. This is mostly illusion, as in … (0 comments)
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real estate expertise: FSBO, a painful story as to why no one should ever try to sell a home them selves - 07/21/07 10:18 PM
Forget about the ability of the seller or the process, and their numerous required abilities and past experiences, the reach of the marketing. All of which the common knowledge of why one would use an agent and not try selling on your own. I have a graphic example of why is is … (17 comments)
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real estate expertise: Why Range Price, the consumer guide - 06/25/07 10:49 PM
When Range pricing first came to Madison Wisconsin, I shied away from it. I did get a good background on it was too new in the market to be acceptable.
Now it is well known but it has really not been used to it's full extent. Now, in a slower market, I … (9 comments)
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real estate expertise: Visit to the dentist. - 06/18/07 11:00 PM
I had a routine visit to the dentist today. It was just a check up. No chance of any pain! Just the fear of finding something for future pain. (yes they did manage to find a tiniest of cavities)
I spent the best part of 45 minutes with the hygienist. Lying back … (4 comments)
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real estate expertise: Range Pricing, why it works - 06/16/07 12:17 AM
When I have posted listings with range pricing, I am surprised in the wide response. ranging from disdain to wondering why people don't just offer the lowest price.
First a bit of background, then I will give a good example of how it has just worked.
Let's start with it's origin. According to a training, Range … (24 comments)
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real estate expertise: Madison, Wi. Market Summary 2006-7 Madison East and West - 05/01/07 10:11 PM
The figures are for sales of single family homes in Madison in quarters, homes priced between $100,000 and $500,000
Notice how number of home sales are down, days on Market are up, so homes are taking longer. Average prices are down too. With an exception that West stats improved in early 2007. … (1 comments)
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real estate expertise: Madison East Real Estate Market Update - 04/22/07 11:08 PM
3 monthly sales data, comparisons (Figures extracted from SCWMLS.)
Jan/March 2006
306 Sold: 69 DOM: Ave list price $204K: Sale Price $203K
Oct/Dec 2006
191 Sold: 81 DOM: Ave list price $208K: Sale Price $202K
Jan/Mar 2007
173 Sold: 94 DOM: Ave list price $199K: Sale Price $192K
This info is indicative of a slower market. Period to period … (0 comments)
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real estate expertise: Don't "own" the price on your listings - 04/15/07 12:36 AM
As we all know, Pricing is critical, but just as critical is how we frame the issue at time of listing. Be careful not to "own the price". You own the price when you say "Mr Seller, this is where we should price it". Instead use :
"Pricing is not a science, … (2 comments)
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real estate expertise: Sell Your old listing in 7 days. - 04/15/07 12:30 AM
Have you got listings which are getting old on the market, heading for expiration. And hence a complete waste of your marketing dollars and lead generation efforts?
Here is a 7 step process to get your homes sold.
Scripts for a price reduction: (Here are a few to chose from) Know one and be … (4 comments)
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real estate expertise: Free Website for Private Sellers - 04/11/07 12:46 AM
This is an unbelievable deal for anyone selling a home unrepresented in the Madison Area.
Get a free web site to display your home. Yes, a free site.
You can create your own site, place photos, description and sales details and promote to buyers.
In turn, buyers can request showings online too.
Sign up … (5 comments)
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real estate expertise: Market update Madison Wi 2007 - 03/18/07 10:47 PM
Here are the Market Statistics for Feb 07, These have been copied and full credit given to Darin Persinger, who has a wonderful blog at www.sellshocked.com. It is my honor to be in business with Darin at our Crossroads Market center
… (0 comments)
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real estate expertise: Market update, Sales Stats, Improving trend in Madison Wi - 03/13/07 09:50 PM
For the last year. (I first learnt about this at our 2006 convention, fondly called Family Reunion) I have been tracking Actives and pendings, week by week.
Did you know you can not look back a year and tell how many homes were on the market, or how many had an offer? … (0 comments)
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real estate expertise: E-Marketing, Maximizing your homes exposure! - 03/04/07 11:17 PM
There are so many online tools to promote your homes, here is a selection of ways that the Real Estate Guy will show your home.
Don't forget that 78% of buyers start their home search online. (NAR statistic 2004)
read on to find out about the Standard online marketing for the Real Estate … (2 comments)
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