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Buying First Class

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Mortgage and Lending with US Bank NMLS: 22343

Buying First Class

 

I’ve flown with some great real estate agents in my 15-year career, but certainly one who deserves a primo seat at the front of the plane has got to be Westlake Village, CA, agent Teri Pacitto of RE/MAX Olson and Associates.   Teri and I have completed a good number of transactions since our inauspicious start in

early 2013, but whether she’s represented a buyer or seller, I’ve observed a few things that make Teri stand at cruising altitude above most of her peers.  I would even say these attributes go so far as to slip the surly bonds of real estate and speak to every profession where service excellence matters.  This is precisely what has compelled me to take off on my journey here.

 

But first, please fasten your seatbelts and make sure your tray tables are in the upright and locked position.  All of us, at some time or another, have found ourselves in a business negotiation where the financial efficacy of the deal becomes opaque.  Though we squint painstakingly at the equation of effort in versus compensation out, we can’t help but think that maybe this is the time we ought to cut our losses.  I met Teri on just such a transaction, and I happened to find myself in the position to help her get it unstuck.  Within the first moments of our first conversation, which in any other setting might well have been a confrontational one, we were on the same page and knew the deal would get done.  The three points below, all of which Teri personifies, were largely the reason why:

 

A Solutions-Oriented Attitude

If you want to piece together anything complex, you better have access to, and ability to use, a lot of
tools.  In fact, why not make everyone and everything an extension of your problem solving abilities?  Teri has done this on every transaction to which I’ve been party.  Whether she’s representing buyer or seller the tactic is the same.  It’s not “How can I get what I want from this person?” it’s “How can this 

person help us get what we all need?”  If you, as the listing agent, can recruit the help of the lender to ultimately produce the outcome that the buyer desires, but cannot effectively convey, you are getting the idea.

 

Resources and Resourcefulness

Teri has the mindset and means to make stuff happen.  I’ve seen Realtors refuse to part with $500 to break an impasse on the road to a $10,000 commission.  Some might say they drive a hard bargain.  Others would say they have hard heads.  Frankly, I think some of these same agents don’t have a hard, red cent --- they are operating out of scarcity.  Not Teri.  Back in the days when lenders actually had some degree of flexibility and discretion over the credits we could give, I recall covering a lot of lock extensions, paying for a lot of things that went wrong and that weren’t necessarily the fault of the client or me.  I didn't necessarily like doing it, but you know what?  The deals got done.  The clients went away happy.  Often, they later referred a colleague, a friend, a family member.  Like me, I would be willing to guess that Teri’s prospects don’t materialize out of the rarified air at 35,000 feet.  More likely they sprout from a farm she has long and carefully cultivated by putting first things first and not losing sight of the value of a client over the value of a commission check.

 

The Crew Will Be Coming Through the Cabin...

Regarding top-producing agents, how many times have we heard, in real estate, others lamenting that, 

“Well, if I had that team of people working for me, I could do $X amount of business too!”  OK, fine.  Then go build your team, right?  The problem is, when confronted with this decision, wherever in a career it is faced, only a handful make the leap and take on the responsibility and overhead.  Aviation has its "escape velocity” and so does our industry.  But the fact is, to do a lot of business, and to do it well, you need great help.  On the other hand, we also appreciate that no client wants to be “handed off” to an assistant.  That’s where the real pipeline management and people skills come into play.  Available staff?  Check.  Ability to delegate?  Check.  Tact in abundance?  Check.  Teri has long since been cleared for takeoff.

 

Finally, did I mention that my office is 402 miles, as the crow flies, from Teri’s?  I know that if we can
work together as effectively as we do and as we have now on many transactions AND despite the distance, any buyer or seller in Westlake Village, Thousand Oaks, Lake Sherwood, Hidden Hills, Calabasas, Moorpark, Newbury Park, and Simi Valley, can be well-served by the Teri Pacitto Group.  

Both when flying and buying real estate, you put your future in the hands of another.  My advice: Choose your professional wisely and go first class.

 

 

Rob Spinosa
Executive Loan Advisor
NMLS: 22343 CalBRE: 01297944
Cell: 415-367-5959 Fax: 415-366-1590
rspinosa@rpm-mtg.com    www.rpm-mtg.com/rspinosa 
1058 Redwood Highway, Frontage Road, Mill Valley, CA 94941

 

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RPM Mortgage, Inc. – NMLS#9472 – Licensed by the Department of Business Oversight under the Residential Mortgage Lending Act. Equal Housing Opportunity.

 

 

 

Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

Rob Spinosa , first I must say this unsolicited testimonial has humbled me as I am not a limelight agent by any means.  I can however say that you have effectively analyzed me and the way I/we operate together....with precision.  The only way this can be done and from such a distance is to truly understand the process and the correct way to operate a real estate or real estate mortgage business.  When I refer my clients to you for either a mortgage or a re-finance, they never hesitate due to the distance.  The trust that I have earned in this business and the confidence I have in mortgage professionals is never questioned when I refer them to the best person to get the job done.  This is real teamwork.  Real estate is a complex business and building a team is not only in house, but gathering all the key spokes in the wheel to make it complete, effective and constantly running; end result is finishing without a flat tire or a burned out client.  In my 26-year career in real estate and 4-years before that in residential appraisal I have worked with a myriad of those who do mortgages and loans.  I cannot say that I have met one that garners the title "home loan and mortgage professional and expert" and earns this over and over again with each and every transaction.  Again, Rob, I am overwhelmed, appreciative of this completely unexpected testimonial.  Thank you...and I look forward to many, many more years of having you as the home loan professional on my real estate team. 

Jul 11, 2015 01:29 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Rob -- a terrific analogy, a great post and the comment by Teri Pacitto makes it a perfect landing.   Now be careful on your departure as items in the overhead may have shifted.   Have a good day here or wherever your next destination may be.  

Jul 11, 2015 02:26 AM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Rob, this is a great testimonial to Teri's abilities and level of service.  Love the photos of PanAm, don't we wish we had the space we had back then?

Jul 11, 2015 05:28 AM
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

What a great connection and bond you and Teri have made. I hope you two have many more successful transactions in the future!

Jul 11, 2015 08:11 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Rob this is an absolutley awesome shout out for Teri Pacitto  - and it speaks highly of both of you I might add.  It does take excellence and team work to get the deals done and going the extra mile and then some. It's what professionals who enjoy flying high do day in and day out.  Great post!

Jul 11, 2015 09:21 AM
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

Michael Jacobs - Rob Spinosa is just likely to shift with the overhead and come back without loosing stride.  The best of the best, professional and the follow through is second to none. 

Silvia Dukes PA, REALTOR, CRS, CIPS, SRES thank you for your kind comments.  Yes, if we could all go back, but then the plane was probably slower.  

Nicole Doty - Gilbert Real Estate Expert , yes we both agree and so do the future homeowners we serve.

Anna Banana Kruchten - AZ Top Banana of Real Estate!  Thank you and yes, teamwork is what this business is all about.  

Jul 11, 2015 09:30 AM
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

Teri has the mindset and means to make stuff happen.  I’ve seen Realtors refuse to part with $500 to break an impasse on the road to a $10,000 commission //////I didn't necessarily like doing it, but you know what?  The deals got done.  The clients went away happy  ////// the Teri Pacitto Group.  Rob Spinosa   **** rob.. i liked these points the best. good article about your collegue and how it came about.  i liked this for you rob..“It's not how much we give but how much love we put into giving.”
Mother Teresa

Jul 11, 2015 03:23 PM
Rob Spinosa
US Bank - Larkspur, CA
Mortgage Loan Originator, Marin County

MIKE ROCK that is a wonderful quote.  I will use it for sure!  Thanks all for the great comments --- really appreciate them and really appreciate that Teri gets the recognition she deserves.

Jul 12, 2015 01:25 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Rob

Buying first class is a choice . . . . and your just the right professional to handle the transaction.

Good luck and success.

Lou Ludwig

Jul 17, 2015 12:25 PM