Mortgage Debt Forgiveness Act - 05/31/11 03:48 PM
Under the Mortgage Debt Relief Act of 2007, if a mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, those taxpayers may be able to exclude up to $2 million of debt forgiveness on their principal. The limit is $1 million for married person filing a return.
Those who qualify can claim the special exclusion by filling out Form 982 and attaching it to their federal income tax return for the tax year in which the qualified debt was forgiven.
 A good source for elgibility is IRS Publication 4681 which can be downloaded at www.irs.com
… (0 comments)

The statististics tell the story - 05/31/11 12:14 PM
* 69% of renters say owning a home makes more sense than renting
*61% of renters think that home ownership is a safe investment
* 72% of renters feel home ownership is important to the economy
* 38% of renters indicate that they are likely to buy  a home in the next three years compared to only 16% of current mortgage holders
… (0 comments)

Tips for better negotiating and closing - 05/30/11 03:19 PM
Know your customers needs thorughout the transaction.
Rally your advocates. This helps to get an accepted offer as well as get it closed.
Lead with your strengths and natural talents.
Role play to be grounded in the deal and to develop an approach that works best for you.
Prepare and answer for every objection.
Leave the door open for future business.
Know when to walk away. If the deal is not good for the client, advise them to walk away.
… (2 comments)

Time-line Terms of a Contract...Use Them! - 05/30/11 03:15 PM
These are good tips for agents to act in terms of the contract. We do not work on verbal. We work in writing. A real key to succes in closing transactions is keeping both parties excited, emotionally involved, and acting timely.
Via Traci Ferguson (San Luis Obispo Realtor & ecoBroker with Patterson Realty):
Time-line Terms of a Contract...Use Them!
I'm working on a deal where the terms are contingent on the buyer selling their home. Now I know these are not the most ideal terms but if a seller is willing to work with this offer, let's put it together. These seller are … (0 comments)

Perfect Set of Positive Factors for an Economic Boom - 05/30/11 02:27 PM
The remarkable turbo-charged 2011 economic comeback of U.S. manufacturing is comprised of a perfect storm of positive components:
* Lots of demand in the broad industrial market - utilities, refineries, oil, natural gas, plant expansion and production> Also, increased demand for rental space particularly in the large metropolitan areas has rekindled the high rises.
* An unexpected export surge with a major boom in Southeast Asia - especially China and India. With almost 35% of the world's population, these 2 countries are using trillions of surplus cash to upgrade their living standards. Both American agricultural and consumer products are benefiting.
* … (1 comments)

Who to Notify Once You've Moved! - 05/29/11 12:34 PM
After you change your address with the post office, this is a good list of places to let know that  you have moved. Notifying people and entities of your address change will save time, money, and frustration later. This is a good clear and concise list of places to notify of your move.
Via Sue Meservier (Meservier & Associates of Keller Williams Realty Mid Maine):
Once you've moved in to your new home, it's time to notify everyone of your address change.Use this list as a starting point:
Department of  Motor Vehicles Post office, bank (don't forget to order new checks), voter registration … (1 comments)

New Bridge for La Quinta - 05/29/11 12:19 PM
The La Quinta City Council has awarded the contract for the construction of the Adams Street Bridge over the Whitewater Channel. The bridge will be a 525 foot long and 76 foot wide 4 lane bridge.
The project will address flooding and access issue across the Whitewater Chanbnell during rain events asa well as provide a 3rd north-south crossing for emergency vehicles in La Quinta.
Construction is scheduled to start in May or June 2011 and is to be completed by early 2013. Construction is schedule for 8am -5 pm and 2 lanes will be open during construction.
… (0 comments)

Why arguing for tighter lending standards means a higher down payment. - 05/29/11 12:11 PM
Is it time to bite the bullet and change our lifestyles? Are we learning that less is more? Will people once again start valuing a home more than a fancy car, a luxury vacation and more stuff? This is a very informative blog on where we have been and where we may be going again.
Via Bryan Robertson, Los Altos REALTOR Los Altos Real Estate - Homes For Sale (Sereno Group - Los Altos):
In all the debates about down payments that have been on Activerain and other sites lately, it's interesting that a lot of agents argue two points consistently:  they're not … (1 comments)

Memories of a good real estate market and real estate now - 05/29/11 12:06 PM
This seems like another life ago. I have memories of when the real estate market was easy, fun, and very profitable.
1. I sold 38 houses in one day. I just called people I knew and told them they could buy a house for $369,000-$389,000. They were so excited and I was too.
 Now those same houses are selling for $100,000- $120,000.
2. People would buy a house for $500,000 and then find out their neighbor had only paid $450,000 at the same time. They didn't care. they said no problem. In a few months mine will be worth $500,000 too.
… (1 comments)

12 Things to Remember - 05/28/11 11:10 AM
The value of time
The success of perseverance
The dignity of simplicity
The pleasure of working
The worth of character
The power of kindness
The influence by example
The obligation of duty
The wisdom of economy
The virtue of patience
The improvement of talent
The joy of originating
Marshall Field 1983
 
… (6 comments)

Rant - Who has the power in a real estate transaction? - 05/27/11 11:38 AM
Here's how I rank the power in a real estate transaction after closing over 1500+ transactions. I feel there are still many players in the transaction that do not understand their role and their amount of power. Some days I get frustrated and some days I just laugh. It usually all works out, but there is way more drama and work than needed in more instances.
1. Banks - we all know that the bank still has the most power, particularly for distressed properties and properties where the buyer is getting a loan.
2. Buyers - buyers do have alot of … (2 comments)

A recipe for moving with easy - 05/26/11 07:27 PM
Moving with ease is nearly the same as planning a big party. Planning is the key.
1. Plan the process, the schedule, the dates as far ahead as possible and stick with the plan.
2. Organization - one day the bedroom, one day the closet, then then next closet and on and on. Call the movers well ahead of the move. Plan the cleaning on both ends. Don't forget the locksmith.
3. Have plenty of boxes, tape, and packing materials.
4. Use professionals, not your friends and relatives.
5. If you can get access to the home where you are moving, … (1 comments)

How Well Do You Deal with Upset? - 05/26/11 07:18 PM
This is a really good message for me. I really want to learn from my hard times and errors and not do the same thing again and expect different results. Learning the lesson can pay big rewards down the line.
Via Tom Ferry (Tom Ferry-yourcoach):
www.YourCoach.com Happy Wednesday! In this video, I'd like to briefly talk to you about dealing with upset in your business and life. When you lose, don't lose the lesson! Remember, your strategy matters and your passion rules! -Tom 888.866.3377 Follow Me On Twitter - @CoachTomFerry … (2 comments)

Inner Peace and Attitudes - 05/26/11 07:12 PM
This is a great perspective on how we want to live our life and the reality of living our life. Inner peace is so important to health and happiness. To me inner peace is a process. Over my lifetime, I have learned more and more to "let it go."
Via Jeff Pearl (RE/MAX Distinctive):
Inner Peace:
If you can start the day without caffeine,
If you can always be cheerful, ignoring aches and pains,
If you can resist complaining and boring people with your troubles,
If you can eat plain food every day and be grateful for it,
If you can understand when your … (2 comments)

"Trust Me".... Building your online reputation - 05/26/11 07:05 PM
This is a really good blog about how and why people percieve us the way they do. Building an online reputation will make a significant difference a few years from now. This online presence will increase geometrically through the years.
Via Nancy Bain Supernova Studios Social Media Training (SupernovaStudios Nova Scotia SM Consultant):
Trust me......
Two words that can make you cringe. If someone has to tell you or ask you to trust them then it’s a good bet you either don’t know them or don’t trust them. Knowing someone (having a relationship with them) is a big factor for trust.
I've been … (0 comments)

How it really feels to short sale your home - 05/26/11 07:00 PM
My husband and I had our dream home built in 2006. We were so happy. It was 4760 square feet with 5 bedrooms, 5.5 baths on 1/2 acre with incredible lake and mountain views in a prime area. We were happy, joyful, grateful.
As the real estate bubble burst our assets and liquidity dwindled. In 2009, we did a loan modification on a super jumbo so we really felt lucky.
The real estate prices in our area continued to decline and my income declined more too. Finally, this January my husband and I came to terms with the painful reality … (1 comments)

Abide by no-call rules - 05/25/11 04:04 PM
1. Know whom not to call.
2. Continue to call those who aren't on the list as well as close contacts who are
3. When you call, include a discreet real estate pitch
4. Send letters to prospects who are on the list
5. Stay in touch with buyers and sellers
6.Follow up with those who've recently called you to inquire about a listing
7. Contact FSBOs and expireds by door knocking
8. Follow up a phone call or a visit with a handwritten note on nice stationery
… (0 comments)

How much do you spend on rent/mortgage? - 05/24/11 12:29 PM
Survey results from Rent.com of 1000 men age 18 and older
I don't pay rent/mortgage          26%
up to 25% of my income            35%
26-50% of my income                32%
over 50%                                  7%
 
This was interesting to me that 26% pay no rent or have no mortgage and only 7% pay 51% or more.
It looks like the categories are split pretty eveny between 0 -50%.
… (2 comments)

22 Listing presentation slip ups - 05/23/11 06:17 PM
1. showing up late
2. smelling like cats, dogs, smoke
3. not knowing the seller's financial situation
4. treating the listing appt. casually
5. not visiting the homes in your CMA
6. not doing your homework
7. displaying architectural ignorance
8. moving too quickly
9. not tailoring the listing presentation to the seller
10. talking more than listening
11. ignoring someone
12. ignoring pets
13. not knowing the neighborhood
14. failing to explain your systems
15. using poor quality materials
16. not preparing the sellers for the process.
17. appearing disorganized
18. failing to recommend improvements
19. letting your cell phone … (2 comments)

The 6 'Must" Lead Generations Sources - 05/23/11 11:32 AM
1. Referral business - past clients, center of influence, professional affiliates, attorneys, accountants, financial planners
2. Geographic farming - follow our system, mailings, doors/drop-bys. community sponsorship, open houses
3. Open houses or absentee owners - mail system, calling program, using 800-call capture
4. 800-call capture - on all flyers, on all postcards, on all letters, in all advertisements
5. Expired listing - expired package, drop-bys, scripts, follow-up system
6. For sale by owners - direct mail, direct calls, drop bys. FSBO package, FSBO TRAC.com, follow-up system
… (3 comments)

Increase your sales? - 05/22/11 08:13 PM
This is a sign of the times- sellers carrying paper. In California if a seller still owes money on a home, they cannot do a wrap mortgage or it is considered loan fraud. Be careful of such deals for the sellers and buyers too. It is good to be creative, but usually creativity involves some risks.
Via Linda De Fusco-Arizona (Linda De Fusco Team-Keller Williams Realty):
Home Sellers Provide Last-Resort Loans
Sue and Douglas Reed knew no bank would give them a mortgage -- not with a bankruptcy and two foreclosures fresh in their credit history. They turned to Hilarie Walters, whose childhood … (0 comments)

10 Biggest Money Wasters - 05/22/11 01:14 PM
Here are the 10 biggest money wasters as recently reported by CNN
1. ATM fees
2. Lottery tickets
3. Coffee
4. Cigarettes
5. Informercial impulse buying
6. Brand name groceries and medications
7. Eating out
8. Unused gym memberships
9. Daily internet deals that go unused
10. Bundled phone and internet packages
… (7 comments)

Great moving tips - 05/22/11 12:03 PM
I am moving right now and even though I sold most of my furniture with the house and the new buyers said I can leave whatever I want, this is a project. Being organized before, during, and after the move seems to be the key to a smooth and easy move. The furniture is only part of the chore of moving. Organizing kitchenware, medications, and personal items is time consuming and challenging.
Via Lisa Von Domek - Broker/Associate (Lisa Von Domek & Associates / Real Living Real Estate Group):
Moving Furniture If you’ve ever thought about organizing those closets and getting rid … (2 comments)

Can you define a well-qualified buyer for the QRM rule? - 05/22/11 11:59 AM
This bolg brings to light many good points about financing homes and personal debt in the future. Will the ratios stay the same? Will they get lowered? Will there be different ratio requirements for different income levels? Does it not make sense that a person with annula income of $200,000 per year could have a higher % ratio, than someone with an income of $We have gone from one extreme on debt ratios to the other and now let's see where it ends up - for a while anyway. Your thoughts?
Via Bryan Robertson, Los Altos REALTOR Los Altos Real Estate - … (3 comments)

My best tool as a realtor - 05/22/11 11:54 AM
My best tool as a realtor is to listen. Most people would rather talk then listen. Whether is it at a listing appointment, showing homes, and even with my family, I have learned that asking question and then listening makes people happy and they like me. Most people would rather talk about themselves and their life than hear about me and my life.
I have learned through the years that it takes me way less energy to listen. I also learn more about people and about life.
I knew was was perfecting the skill of listening when I started to have … (11 comments)

A daughter may outgrow your lap, but she will never outgrow your heart! - 05/22/11 11:47 AM
This is so true. Children grow up fast. We grow old fast. Life is a gift and we must enjoy today - our present. Our journey through life brings many challenges but more gifts. Our goal is to make good memories and enjoy each phase and day of our life.
Via Mike Mayer, Broker/Owner - i List For Less Realty, LLC:
Where does the time go? Wasn't it but yesterday when you were but a child playing with dolls and tea sets? So small with huge brown eyes, so curious and full of awe and wonder! Your smile has always been infectious; it lights up your … (3 comments)

Why Short Sales are my favorite listings - 05/22/11 11:29 AM
Short sales are my favorite listings for many reasons.
I have done hundreds of short sales so I am an expert on working with the sellers and the banks.
The sellers on short sales usually do not care what the price of the home is. Regular price reductions are part of the process on short sales.In this market, the sellers on regular sales are frustrated with the prices, the realtors, the market, and the process.
Sellers have to provide their paperwork up front. If they do not provide the paperwork, we do not list the house. This saves alot of issues down the … (4 comments)

Why is NAR fighting the 20% down rule in QRM? - 05/21/11 11:53 AM
This blog has gotten alot of attention and with good reason. I agree that we need to make loans so that there is a good chance longterm that people will not lose their home. In many areas, the prices have decreased substantially so 20% down is not nearly as much actual $$$ as it used to be. I  have felt all along that 3% down in the new subprime. Let's hold people accountable and let's help them succeed. If you do not have 20% down and some reserves too, maybe now is not the time for you to buy a house.
Via … (2 comments)

Open House Today in the Citrus - 79790 Tangelo - 05/21/11 11:48 AM
Please join us for our open hose today in The Citrus in La Quinta, California from 1-3 pm.
The home features a prime fairway location overlooking a lake. There are views to the west and south of picture perfect mountains. There are 4 bedrooms, 4.5 baths including a courtyard casita. The home is over 3700 sq. ft. of luxurious living.
 
This highly upgraded home is a real find. Enjoy the desert by your pool and spa or relax indoors with the built in media center, fireplace, and wet bar. This is a great home for entertainig or just to find your … (0 comments)

What are you doing this weekend? - 05/20/11 07:40 PM
What are you doing this weekend?
 I use the weekends to get caught up on my real estate and also relax.
Here are some things I do on the weekend -
1. Open house
2. Show houses
3. Out to dinner with friends
4. Grocery shopping
5. More blogging
6. Get my nails done
7. Sleep alittle extra
 
… (1 comments)

A proven way to get listings - 05/20/11 10:49 AM
I have been a realtor - broker for over 10 years. I have sold way over 1000 homes. I have several ways that I get clients, but to me this is a proven way to get clients. This method does not take alot of time or money. Also when the clients call, there is little resistance and they are ready to sell. Many times I am their 2nd or 3rd agent which is very helpful too.
I suggest sending hand addressed postcards to expireds, withdrawns, cancelled listings, but most of all to homes nearly ready to go to foreclosure. You can … (6 comments)

So many ways to "Play in La Quinta" - 05/19/11 11:01 AM
Whatever your pleasure, you will find plenty of reasons to come and enjoy the Gem of the Desert - La Quinta.
Shop, Play, Stay, Dine
Summer golf tour - Enjoy some of the desert's favorite golf courses June 4 - August 27 as a psrt of the Summer Golf Tour. During this 13 week event you will enjoy playing a variety of top course as a single or as a part of team. Greens fees from $30 -$59 a week. Call 760-777-7090 to sign up now.
Certified Farmer's Market - Each Sunday through memorial Day in Old Town La Quinta on … (0 comments)

How would you like to be the seller on this short sale? - 05/18/11 11:59 AM
Here is a sad and challenging scenario.
I have a seller on a short sale in a nice area with a small condo. Here are some challenges.
The offer is at $211,000. The loans on the home are for $432,000 + late charges and past due payments of over $2000 a month for 2+ years.
There is a lien for a $5000+ back HOA dues.
The seller has a $20,000+ federal IRS lien.
Also, there are 2 years of back property taxes for over $10,000.
With the commissions and closing costs we are estimating the bank will net $156,000.
It will … (8 comments)

A farming system that works - 05/17/11 12:34 PM
Farming has long been a great system to get listings for realtors. 5 years ago we would get stacks of farming postacards in our mail each day. As the postage has increased in price and the agents marketing budgets have dwindled, farming has also decreased. Farming still does work. Now is a great time to farm as not many agents are farming. Here is a proven system to gain listings through farming:
1. Consistency is the key. Mail your farm at least 2 a month. Once a week is even better to get more results. You need to reach these people … (5 comments)

The Graying of La Quinta, California and surrounding area - 05/17/11 12:08 PM
Of more than 189,000 homes in the Coachella Valley, over 20% are seasonal residents. That compares to only a 2.2% second home average in the rest of California.
In 2000, the avereage age of La Quinta residents was 36.4 and now in 2010, the average age is 45.6.
Indian Wells has the largest percentage of seasonal homes at 39.5%.
The median age for Californians rose 1.9 years from 33.3 years in 2000 to 35.2 in 2010. The median age  for Coachella Valley residents is 36.8 years.
La Quinta and surrounding areas will continue to be second and primary home preferred locations … (0 comments)

Technology in today's real estate transaction - 05/16/11 11:13 AM
Internet use in Transaction -  Seller's 87%                 Buyer's 93%
Over half of all transactions started on the internet
Realtors going wireless - 2006 - 13%        2010 - 56%
Top 10 mobile applications
telephone  100%
email  99%
internet  96%
MLS 77%
Address book  68%
Yelp  44%
Google earth  21%
GPS  20%
… (4 comments)

PGA West bargain - 81380 National - La Quinta, California - 05/15/11 11:33 AM
81380 National in PGA West is a real bargain. Are you looking for a $2,000,000 + home fore under $1,000,000? This home is offered short sale with nearly $1,800,000 owed on the home and several hundred thousand of upgrades paid for out of the seller's pocket.
The home features 4 bedrooms ( one is a courtyard casita), 4.5 baths, 2 car + golf cart garage. There is over 3700 sq. ft. of living space and the lot is over 17000 sq. ft.
The pool and spa, outdoor fireplace, built in BBQ, and putting green make for an amazing yard.
With the … (1 comments)

Rancho Las Palmas Country Club Homes- Condos For Sale in Rancho Mirage, CA - 05/15/11 11:26 AM
Are you looking for a condo near The River in Rancho Mirage, California. This is a beautiful area and close to golf, resorts, the hospital, shopping, movies, restaurants, and more. There are great views and peaceul lifestyle. These condos are great for year round living or weekend getaways too.
Via Mike & Maria Patakas (M&M Realty Team - Palm Springs, CA ):
Rancho Las Palmas Country Club Homes- Condos For Sale in Rancho Mirage, CA
    











CLICK HERE TO SEE RANCHO LAS PALMAS CC HOMES- CONDOS FOR SALE
Rancho Las Palmas Country Club is … (0 comments)

My 4 hour day off - 05/15/11 11:13 AM
Sunday mornings are usually my 4 hour day off. I love the peace and quiet and relaxed feeling of Sunday mornings. On Sunday mornings I usually sleep in untila tleast 6 AM. I have a leisurely time with my cup of coffe and the Sunday newspaper. I usually go to the grocery store for the main staples of the week as the grocery is also not busy. I thn cook a nice breakfast. I get caught up on my computer tasks while watching Sunday Morning, a real interesting and moving show. I also organize and plan my week.
By 11 AM … (5 comments)

What you need to know about today's sellers in California - 05/14/11 02:55 PM
Many sellers are giving in to financial pressures and selling their homes. During the tail end of the boom, long time hoomeowners who refinanced or new buyers who purchased near the top of the market are both in unsustainable positions with the decline of the housing market.
 The average seller in 2010 had owned their home about 4 years. Nearly 1 in 3 home sellers in California in 2010 sold their homes as they were underwater.Sellers are still saying that falling home prices and incomes are causing them to not be able to keep up with their expenses. Half of delinquent … (1 comments)

Just Listed in The Citrus - La Quinta, California - 05/14/11 02:41 PM
This home was just listed in The Citrus in La Quinta, California. The home is located at 79790 Tangelo. The home features 4 bedrooms, 4.5 baths and over 3700 sq. ft. One of the bedrooms is  a courtyard casita and a 3 car garage. The home has a pool and spa, retractable awnings, fireplace, formal dining room, and gorgeous west mountain and fairway views.
The price is only $847,000. Call now for your private showing.
… (2 comments)

2010 vs. 2000 Populations statistics for La Quinta, California from 2010 Census - 05/13/11 10:42 AM
2010 vs. 2000 populations statistics for La Quinta, California
37,467 Total population in 2010 vs. 23,694 in 2000
46.5 median age in 2010 vs. 36.4 in 2000
18,103 male residents in 2010 vs. 11,619 in 2000
19,364 female residents in 2010 vs. 12,075 in 2000
14,820 total households in 2010 vs. 8,445 in 2000
1,784 total population under 5 years old in 2010 vs 1,847 in 2000
610 total population age 85 and older in 2010 vs. 155 in 2000
It looks like La Quinta, Caifornia is growing in number of people and the people are aging.
… (0 comments)

Sun City Shadow Hills Models Coming Up For Sale - 05/12/11 11:19 PM
The models at Sun City Shadow Hills in North Indio, California are coming up for sale on May 29, 2011. The prices will be released this weekend and the homes will be sold as people call in on May 20. Cash offers will receive precedence over offers with loans. Also, the lots where the sales office is currently located will be golf course lots with fabulous views. These lots are also 90 foot wide. Where the parking lot currently is located is also going to be homes.
There will be 10 new models and new floor plans too completed before the … (3 comments)

What Makes a Good Attitude - 05/11/11 11:26 AM
Here are a few ideas to help have and keep a good attitude
1. Know that over time, life all works out the way it is supposed to work out.
2. Life is a maybe. what we think is not good, maybe goo.
3. Keep a sense of humor.
4. Enjoy the good in every person and everyday
5. Focus on the present. It is a gift.
6. Be grateful. Make a  list of what you are grateful for regualarly.
7. Show love and caring for others and yourself too.
8. Live within your means.
9. Live a 'NO DRAMA' life.
… (4 comments)

Short Sales: How To Look At A Short Sale From The Lender’s Perspective - 05/11/11 11:12 AM
Short sales are win- win for all parties. The sellers get rid of the house quicker and with less damage to their credit. The buyers get a great deal on the home. The bank usually gets more for the hosue than going through the foreclosure process with months of vacancy and deterioration.
Via Scott Auten; Short Sale Realtor; 954-214-7806 (Florida Elite Homes):


Miramar FL – The Stop Foreclosure Institute received a few responses from yesterday’s blog post. Most of the questions went something like this.
"I think a lender would be stupid to approve an investment property short sale for a wealthy … (0 comments)

Online transactions and signings - 05/11/11 10:52 AM
We have converted to online transactions and signings. This is so amazing to not have all this paperwork all around the office. I have wanted to do this for several years and finally Intero has a great program with Transaction Point and Docusign to use this easily.
The documents are easier to find and keep. We have much less of escrow and other agents and clients asking for paperwork on their transaction. They can all access their files at anytime online on a secure log in. The copies are clearer and there is no duplication.
There are no files to store … (0 comments)

My desk is a mess - 05/10/11 03:05 PM
My desk is a mess. Does this mean that I am busy or just messy?
I have files and papers and notes.There are postcards, newsletters, and cds. I  have my phone, my lunch, water. I have my laptop, a desk phone, and a scanner.
Is this being organized or just too much stuff?
I do believe less is more. I am emptying off my desk.
… (2 comments)

Most sellers are not victims - 05/05/11 05:21 PM
Most sellers are not victims. I speak to sellers everyday and most of them are very unhappy about the current real estate prices. I do not blame them for that. We were all used to real estate prices climbing for many, many years. Even when there were a few dips in the prices, they did go back up again soon.
The past 3 years have been very challenging for sellers and everyone else involved with real estate. I feel most of us involved in real estate are not victims. No one held us down and forced to be in the real estate … (1 comments)

Do you want your property taxes lowered in La Quinta? - 05/05/11 05:05 PM
Do you want your property taxes lowered in La Quinta, California?
Each year at this time Riverside County re-evaluates the assessments on homes in Riverside County. The past few years they have voluntarily lowered property taxes  10-30% based on current market prices.
For owners of property that still feel their property valuations are too high, they can fill out an online form and apply for a reduction of value. The form needs to be accompanied by recet property sales in the area confriming the current value.
Do you want your property taxes lowered in La Quinta, California? File a form to … (2 comments)

How many homes will you sell this month? by Lori Bowers - 05/04/11 11:30 AM
As realotrs/broker associates, we all need to declare how many homes we will sell this month. Just by writing it down, it is 7000 times more likely to happen.
I am going to sell 4 homes this month and at least $2,000,000 in volume. How am I going to do this?
I am going to do floor time, contact past clients, really close hard on current clients, and work on my listings to get them sold.
To sell my listings, I can use price reductions, open houses, flyers and calls to other agents, new MLS photos.
Ok - here we go- … (1 comments)

It is all in the way you say it......let's be nice to each other! - 05/04/11 11:17 AM
I am going to get thisbook. We can all use more tools on how to be nicer and kinder to each other. Now more than ever being kind and taking the high road will help us have a better life and make the world a better place too. Let's all make an extra effort to be kind.
Via Gina Nugent Agent in Miami and Palm Beach, FL (Seiss Realty in Miami Beach and Palm Beach, FL):
It is all in the way you say it......let's be nice to each other!
I just read a blog by Chis Ann Cleland and there was a … (2 comments)

Wednesday Funny - 05/04/11 11:14 AM
We all need a good laugh to start the day. This really hit me as funny and I am blonde. I hope all of you enjoy this story as much as I did. Have a wonderful day and sell lots of houses!
Via maurice cohn (gold coast funding inc):
A blonde goes into a nearby store and asks a clerk if she can buy the TV in the corner.The clerk looks at her and says that he doesn't serve blondes, so she goes back home and dyes her hair black.The next day she returns to the store and asks the same thing, and … (5 comments)

The Lori Bowers Group - Intero - agent sells 5 houses on May 3, 2011 - 05/04/11 11:01 AM
Leanna Petitt, an agent with The Lori Bowers Group - Intero Real Estate Services, sold 5 houses yesterday May 3, 2011. This is most houses Leanna has sold in one day since becoming an agent with The Lori Bowers Group 5 years ago.
Leanna Petitt specialized in the eastern Coachella Valley in Indio and La Quinta. She offers good service and persistant follow up.
To buy, sell, or lease, please call Leanna Petitt of The Lori Bowers Group  - Intero Real Estate Services - in Old Town La Quinta
ph:760-613-0558
… (0 comments)

Safety tips when showing your home to potential buyers - 05/03/11 04:04 PM
Great information!  A real estate deal is important to our livlihood, but not nearly as important as our life!  Always take steps to protect yourself, your clients and the home and valuables of the sellers. 
Via Frank Moham, ABR®, ePRO®, TRC®, SFR®, REALTOR®:
Safety is an issue that should concern both the agent/broker and the homeowners.  Here is an interesting article worth a few minutes of your time:
 
 
Los Angeles Times
Don’t become a crime victim when you show your home to potential buyers Safety should always be a top concern for both real estate agents and home sellers.  While holding … (2 comments)

From broker/owner to Broker Associate in La Quinta - 05/03/11 03:14 PM
Just about a month has come and gone with all the changes taking place.  After much consideration, I decided to join Intero Real Estate Services as an Associate broker rather then an owner.  As hard as the decision was, I am now so relieved I made this life changing decision.
In less then a month I see some of the benefits
 
*  No more staying up at night worrying about the office rent or utilities or if floor time is covered.
* More free time to spend with clients, without having worry about the office
*When i do find down … (1 comments)

An article about The Lori Bowers Group Merger - 05/03/11 02:59 PM
 
 
Intero Real Estate Services
announces the merger-acquisition of The Lori Bowers Group Desert Properties in Old Town La Quinta.  Bowers is recognized as one of the desert area's top producing agents, and has sold over 1000 homes in the Coachella Valley.
 
"This is an exciting development for us," said Intero Southern California President and CEO, Rich La Rue. "Lori and her team of professionals have represented high end real estate in the Coachella Valley for a decade. Having them join our team shows that we're out to be a major player in this market."
 
Intero Old Town … (2 comments)

What will the summer bring for real estate in La Quinta, California? - 05/03/11 12:14 PM
We are all wondering what summer will bring for real estate in La Quinta, California. Our season was really slolw through February. March and April were like the good old days of real estate. Now that May has arrived with the heat and people leaving for the summer, our business has really slowed down.
All of us are wondering what will we do this summer? Are we showing and selling homes or are we sitting by the pool? Or is it a combination of both?
The real estate market is so unpredictable right now. For me, I will keep blogging and … (0 comments)

5 Ways to make people happy - 05/02/11 10:45 AM
Our success depends on how well we build positive relationships with customers. If you can make them happy, you will keep them coming back.
1. Be honest.
2. Let them talk. Ask them questions about themselves. Let them do over 70% of the talking. People like to talk about themselves.
3. Show you care. Send them cards and emails for birthdays and other special events in their life. Stay in touch regularly.
4. Be persistant, but not aggressive. Rather than guess, ask them how often they would like you to contact them, what time of day, and if they prefer email, … (3 comments)

Always make A Lasting Impression! - 05/01/11 04:48 PM
You are so right to present a shiny clean house and a gift too. This will really help the buyers remember you and how much you cared about them and their home. Leaving a personal note is extra special at the stressful time of moving.
Via Rob Thomas Tn-Va Agent, ABR, GRI, e-Pro (Heritage Homes at Sixth Street,Inc CALL....423-341-6954):
Always make A Lasting Impression!
After a closing yesterday where I represented the sellers I started thinking about how important it is as a seller and listing agent....to leave a really good lasting impression on the buyers!
We all know that the home … (2 comments)

No Mr. Listing Agent....That Listing Is Not A Comp! - 05/01/11 04:39 PM
Here is a good tip for listing agents to keep comps in the house for buyers and buyers agents to view when visiting the property. Even an appraisal and copy of a home inspection will help validate value. Homes currently listed for sale and not sold are not comps, as we all know. Validating an asking price will for sure help sell the home.
Via Karen Fiddler, Broker/Realtor, Mission Viejo ((949)510-2395,The Fiddler Realty Team/eVantage Real Estate):
 
No Mr. Listing Agent....That Listing Is Not A Comp!
My clients and I are frustrated. They have been looking in a specific neighborhood for a … (2 comments)

Self-Promotion = Self-Destruction - 05/01/11 04:37 PM
This is good advice as we re-evaluate our website and do blogging. Most people don't really care about anyone but themselves. If we make our blogs and websites to attract others and all about them, we will get more traffic and also more business. These are good tips for building our business day to day.
Via Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods (Savvy + Company Real Estate):
Self-Promotion = Self-Destruction When Will We Learn:  It's All About Me THEM! Before building a new website, I checked out, probably hundreds of real estate websites, and also took an … (1 comments)

Door-knocking, Cold Calling and Farming - 05/01/11 04:34 PM
These are good tips on how to build business in your farm area and also have fun too. I find it is easier to knock on doors when I have something free to hand them - even a candy bar works well. What you give people when they answer the door does not have to cost alot. Right now people just like free. WIth a positive attitude and something FREE to hadover, cold calling in your fram can bring business and make new friends too.
Via kristal wilson Orangecrest, Canyon Crest (keller williams realty):
Door-knocking, Cold Calling and Farming 
Subtitled Lions and Tigers … (2 comments)

5 great ways to get more listings and buyers too - 05/01/11 02:15 PM
Here are 5 great ways to get more listings.
1. Contact owners on Foreclosureradar.com who have a sale date listed to sell their home short sale
2. Put flyers on cars in apartment parking lots and garages telling the tenants they can buy for less than rent
3. Have real estate attorneys and bankruptcy attorneys refer you clients for short sale listing
4. Pick an area near your office and talk to working in the nearby businesses about buying and/or selling. Do this once each week to keep up the relationship.
5. Take little gift bags to the expireds and include … (4 comments)

Some Mother's Day ideas from Lori Bowers - 05/01/11 12:01 PM
Each year as Mother's Day arrives, I miss my children. My husband is wonderful to honor me in their absence and my son and daughter send cards, flowers, and calls. I also understand there are many mothers who do not have families nearby and miss the joy and love of this day. What will you do to honor some mothers close to you on Mother's Day this year? Here are some ideas to make Mother's Day extra special not only for your mom, but other moms you know.
1. A brunch for them on your patio
2. Email cards
3. Photos … (2 comments)

Why some homes will not sell in La Quinta, California - 05/01/11 11:41 AM
I used to say one of the main reasons a home would sell was : location, location, location. Now I say that the main reason homes sell is: price, price, price. With that said, in our current market a bargain priced home may or may not sell.
We all know that everyone now is looking for the biggest bargain ever, but even price alone will not sell a house. To work past buyer resistance, I use several other skills and tools to incite buyers to buy.
1. Home staging is more important now than ever.
2. Once an offer is received, … (0 comments)