real estate: Inventory Shortages - The Next Bubble?
- 03/07/14 02:38 AM
Inventory Shortages - The Next Bubble?
While my company has an international reach, many of my clients are based in the Puget Sound area of Washington State which is currently a very hot area for real estate. In fact, it is not unusual in several neighborhoods for there to be more than 10, 15, or even 20 or more offers for the same property, driving the price up 10% or more above asking price.
Several of the agents I work with and their clients are concerned that this is an indicator of another bubble waiting to explode all over … (0 comments)
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real estate: The Changing Face of Real Estate: Lifestyle Housing
- 02/28/14 02:25 AM
The Changing Face of Real Estate: Lifestyle Housing
Today brings us to part three in our series on the changing face of real estate: lifestyle living. To access the other two weeks please click here: Part 1: Micro-Housing and Part 2: Generational Housing.
This final, and probably the most important, topic in this series on how real estate needs are changing shows how housing needs are changing dramatically due to lifestyle choices. In particular, Baby Boomers are really taking initiative when it comes to housing and they are not afraid to name and claim what they really want - … (0 comments)
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real estate: The Changing Face of Real Estate: Generational Housing
- 02/24/14 02:34 AM
The Changing Face of Real Estate: Generational Housing
The housing needs of the multiple generations living today is changing the face of real estate and new construction. The way we used to live 20…30…40 years ago is not the way we live today … or will in the future. Each generation is demanding a different type of home and a new way of living in that home which then requires an updated floorplan, creating both challenges and opportunities in the real estate industry. Challenges such as needing different storage spaces, outdoor living spaces, working spaces, and public spaces are … (7 comments)
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real estate: The Changing Face of Real Estate: Micro Housing
- 02/19/14 01:43 AM
The Changing Face of Real Estate: Micro Housing
Entry from Wikipedia:
MICRO HOUSING – A micro-apartment, also known as an apodment or microflat, is a one-room, self-contained living space, usually purpose built, designed to accommodate a sitting space, sleeping space, bathroom and kitchenette within around 150–350 square feet.
"Micro housing" is fast becoming a reality in markets all across the country. For those who haven't heard much about it, micro housing is fully functional living space in a very small square footage blueprint (under 600 square feet).
Japan has been building micro housing units for years. It is now … (1 comments)
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real estate: Resolutions That Should Be at the Top of Your New Year’s List
- 01/31/14 12:36 AM
Resolutions That Should Be at the Top of Your New Year's List
Every year in January real estate agents look to the past year for clues about what worked well for them and what they could do better. It is a time of revitalization and slate is wiped clean of the previous year's wins and losses. It is a time to start fresh and begin doing all the things that you wanted to get to, maybe even vowed to get to, but never did.
Although we are several weeks into the year already, I am hearing from a number … (2 comments)
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real estate: Inspection Challenges in Court
- 08/06/13 05:27 AM
Inspection Challenges in Court
I was approached a few months ago by clients of mine, real estate agents who were in the midst of a legal dilemma. They had been served with legal documents because the buyer they had sold their home to had decided to sue them two years after the sale. The buyer claimed that there was mold in the attic and that the seller was responsible for its repair.
The first question I asked my clients was whether or not there had been an inspection done on the property. My clients confirmed that there was an … (0 comments)
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real estate: Keeping Morale Up in a Frenzied Multiple Offer Market
- 07/26/13 02:38 AM
Keeping Morale Up in a Frenzied Multiple Offer Market
There is no doubt that the market has picked up in many areas and is moving at a pace that is hard to control and even harder to keep up with in others. In the markets with reduced or limited inventory we are seeing multiple offers and with those come the reality that only one set of buyers will be able to buy the home. Losing a multiple offer leaves many buyers deflated, disappointed, frustrated, and overwhelmed by the fact that they are basically back at the beginning of their … (0 comments)
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real estate: Checking in with Your 2013 Goals
- 07/09/13 05:48 AM
Checking in with Your 2013 Goals
We just passed the 2013 mid-year mark. Have you taken a look at your 2013 goals to make sure you are halfway towards completing them? If you are like many agents who have been caught up in the harried pace of the recovered and hot market, you may not even know where that goal worksheet is, but you probably are sitting back feeling much better about the balance in your bank account.
You certainly owe it to yourself to celebrate. You made it through one of the worst periods in real estate history … (1 comments)
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real estate: Speak Facts, Not Emotion During Conflict
- 05/31/13 02:56 AM
Speak Facts, Not Emotion During Conflict
Conflict is inevitable when you bring two or more people together. And conflict can come in many varieties. It comes about through broken promises, misunderstandings, and sometimes a downright purposeful act to make another person angry.
Whatever conflict you find yourself faced with can be handled with a formula. A formula that emphasizes handling conflict with dignity and grace, and giving the other person the respect they deserve. Most people learn how to deal with conflict when they are young children. They watch their parents and siblings address conflict and they either learn … (3 comments)
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real estate: Editing Your Life... Essential for All Agents
- 03/15/13 07:41 AM
Editing Your Life... Essential for All Agents
There are only so many hours in a day, days in a week and weeks in a month. Time is the one thing that we can't buy more of. We are the only ones who are in complete control of our time. It can't be stored up for a rainy day and you can't go to the store to get more. Everybody has to live within the budget of time that they are given. Unlike being able to go out there and earn more money, you just can't go out and earn … (4 comments)
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real estate: What Low Inventory Means for Buyers and Sellers
- 03/08/13 01:25 AM
What Low Inventory Means for Buyers and Sellers
The real estate market is alive and well! The multiple offers we are seeing on so many listings is proof of that. With resurgence in our market comes a rapid decline in inventory. One of my clients recently reported that they had over 50 groups in their open house and that they expected over 10 offers on this property. I am hearing this kind of scenario all day long.
Multiple offers are now as common as foreclosures and short sales used to be.
So what does this mean for buyers and … (2 comments)
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real estate: Pricing With Confidence
- 02/01/13 05:28 AM
Pricing With Confidence
One of the hardest parts of your job as a real estate agent is the ability to price a seller's home correctly. There are so many variables that go along with accurate pricing and if agents do not consider all of these they may be costing their sellers thousands of dollars in lost potential sales revenue. More often however, because of the inability to price correctly agents walk away empty-handed without ever having the opportunity to sell the home because the price the agent came up with is not consistent with the seller's expectations. Agents can … (2 comments)
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real estate: Seven Tips for Converting Internet Leads
- 09/07/12 01:36 AM
Seven Tips for Converting Internet Leads
Even if the shorter days and cooler nights weren't a big tip-off, I always know when fall has arrived.
Why? Because once again my inbox is flooded with requests from agents who have taken the summer off and are now feeling panicked about their lack of business.
They haven't been prospecting during the summer and haven't been keeping in touch with past clients consistently, so now they're scrambling for leads.
And in desperation, many of them decide to pay a company to provide internet leads.
There are hundreds (or maybe thousands?) of companies out there … (7 comments)
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real estate: This is Exceptional Client Care: The Dallas Green Story
- 04/20/12 01:23 AM
This is Exceptional Client Care: The Dallas Green Story
Readers of my Zebra Report know that I've had misfortune to be on the receiving end of poor service a number of times over the years. You may fondly remember my rant about meatballs at Olive Garden, or my rave about the staff at Bothell's Hilton Garden Inn.
Today I want to tell you about phenomenal client care I experienced from one of my own clients - Dallas Green, a real estate agent who works in Washington's Tri-Cities of Richland, Kennewick, and Pasco.
For the story to make sense, I need … (3 comments)
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real estate: Peak Performance...
- 01/13/12 04:13 AM
Peak Performance...
I’m going to be releasing another white paper this month, and the topic is “peak performance”.
Peak performance is a term that gets tossed around a lot as the ultimate state of performance, but as I researched my white paper I found that what actually contributes to peak performance often isn’t fully explored.
So let’s talk a little about the elusive concept of “peak performance”.
Peak performers are those individuals who have developed and leveraged their skill sets in order to achieve the maximum potential results in their area of expertise.
It’s a concept that cuts across … (2 comments)
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real estate: Put on Your Thinking Cap
- 05/17/11 10:22 AM
Put on Your Thinking Cap ... and Find the Right House to Hold Open This week, I want to discuss why it’s so important for you to choose the righthouse for your open house. It’s not just a matter holding an open house because one of your sellers wants you to. I want you to avoid doing that! Instead of letting the house choose you, you need to choose the house! And I’m going to tell you exactly how to do that.
First and foremost, not all houses are great candidates for an open house. If a house is in a rural area, … (3 comments)
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real estate: Throw Open the Doors!
- 05/17/11 10:18 AM
THROW OPEN THE DOORS! Think open houses aren’t effective in today’s tech-driven society? Think again!
Open houses – if done strategically – can generate more business than you would ever imagine.
Open houses have been around for a very long time. Twenty or thirty years ago, they were one of the only ways to get buyers into a home without an appointment. They were much more effective than printed ads because buyers had a chance to really look around and get a feel for the home. They were certainly the best way to do some low-cost marketing! Buyers simply showed up at as … (5 comments)
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real estate: Does Your Business Deserve Some Attention?
- 04/05/11 09:46 AM
DOES YOUR BUSINESS DESERVE SOME ATTENTION?
Like a garden, your business will flourish only if you seed, feed, and water it. And we believe the best way to do that is to step away from your business for a couple of days to really focus on where you’ve been … and where you want to go.
We also believe your business deserves a commitment to nourish it. Today is the day to commit to spending two days with us to revitalize your business!
We want to see you at our next Safari event. What is Safari? Simply put, it’s a … (0 comments)
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real estate: Ask Denise!
- 11/23/10 10:25 AM
… (0 comments)
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real estate: This Week’s Featured Product: Powerful Listing Presentation Techniques
- 11/23/10 09:46 AM
FEATURED PRODUCT: POWERFUL LISTING PRESENTATION TECHNIQUES
We’ve lowered our prices on several of our downloadable audio products! Many now just $19!
This week’s featured product: Powerful Listing Presentation Techniques
Most real estate agents don’t have well-prepared listing presentations. This is the most important tool to master in a world with more agents than ever competing for the business. Agents who get the business do come prepared with knowledge of the market, a proper introduction of who they are, and an awareness of what the client wants and needs and how they can meet those needs.
Don’t wait for the client … (0 comments)
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