There is always a debate going on in the real estate industry about which company is the largest. As some don’t disclose financials and others use different measuring criteria (offices, agents, sales volume, profitability, brand recognition, etc.) we have many potential “winners”. more...
We asked some AccuRecruiter clients to describe what this new recruiting tool has done to help them improve their recruiting. more...
There is such a temptation towards self focus in these challenging times where survival of the fittest seems to prevail. However, I would like to share a fine example where the focus on team work and strong organization really impressed me. more...
I have just learned of a farm available in Missouri near Ballwin. It is 226 acreas with a 4 Bedroom, 1.5 Bath 2,720 sq ft home built in 1910. It has a large barn w/stable. It would make a great family farm to pass down to future generations or a great summer campground. It is listed for $4.9 Million Contact me at lisa.mcknight@century21.com to refer a client for this property.
Many of you have heard about how the IRS has been targeting Real Estate Agents, and challenging the status of a "real estate professional" for an Agent.
To give you a brief background without getting into the details - a "Real Estate Professional" is someone who "materially participates" in their real estate activity. As a result, they are able to deduct real estate losses from other income that is not related to real estate.
The IRS had been challenging the "real estate professional" status for agents - stating that Brokers qualify, but Agents do not. And they were winning... more...
I had a meeting with a potential seller who instructed me, “Julie, give me the advice that you would give you brother-in-law about marketing his residence.” His suggestion was a very interesting approach and it effectively enabled us to communicate very honestly and directly with one another (even though I do not have a brother-in-law)!
This gentleman made me aware that I do become involved in my buyers’ and sellers’ requirements as if they were family, despite the fact that, really, I am just one of the highest paid guests in their residence—or soon to be residence. more...
At the recent Luxury Real Estate conference I attended in Las Vegas many of the top brokers mentioned their concern that some buyers are so motivated by the deal that they are missing purchasing their first choice residence in the pursuit of the best price! more...
The recent Earth Day gave the green revolution another shot up the arm. When Earth Day started in 1970 a large number of people (20 million people one country) had already committed to celebrate it. Since then that number has exploded to 500 million (175 countries); about 7% of the world’s population. more...
Passing for someone in my network.
Award Winning Virginia Winery for Sale ($1,790,000) - Tremendous opportunity for those who have dreamed of owning their own winery/vineyard/farm. www.savoy-leewinery.info more...
Engel & Völkers has just assigned its 555th license with the signing of the license region for Beverly Hills, Bel Air and Westwood by Michael Giorgio. He plans to open his first Engel and Volkers residential real estate shop in July 2009. more...
“It is impossible to predict the future.” That’s a statement I have made hundreds of times, both from the stage as well as in print.
Yet considering the most likely scenarios and then preparing for them lessens the shock when some variation of any prediction does materialize. Being caught off guard is just foolish. Why would you fight the future? The future is coming, no matter what. " more...
Starting March 1, investors can once again own and finance up to 10 individual properties and get Fannie Mae backed loans. Previously, an investor with 5 properties, great credit, and documented income could not finance an investment property without bringing in a partner or resorting to creative financing methods.
Undoubtedly, investors who had been halted by the limit are in a position to buy now.
In lieu of this, we started March Marketing Madness (a stimulus aimed at helping agents with these emerging investors). In alphabetical order, here are some tips we have: more...
In just a few days (3/1), Fannie will start allowing investors to hold up to 10 mortgages and get Fannie Mae backed loans. The limit had been previously reduced to 4.
It's a good move - investors account for at least 22% of the market, and 75% of their purchases are single family homes, condos, and townhouses - so they can clear up some of the inventory.
There will be an increase in activity from investors who had been halted by the 4 property limit, and it's certainly a good time to market to them. more...
Last week's webinar rocked! By popular demand, we're doing it again tomorrow, Friday 2/13 @ 2PM EST/ 11AM PST for those who missed it. The discussion will be broken down into the following:
* Why are RE Investors important to me?
* How can I be successful with RE Investors
* What does TReXGlobal do to help me?
You might spend hours blogging, on social networking sites, SEO, etc...
Spending 30 minutes to learn if you are marketing to investors correctly is well worth the investment. more...
Well, these are the best of times.....and then there's NOW! I recently joined a group of our agents in a “Building Social Capital” workshop that we hosted at our training center. Our agents were literally drawing pictures that depicted the inter-connections between their spheres of influence and learning how to grow the inter-connections between people they know who don’t know each other. If it’s a “small world after all”, agents of the future need to learn how to make these connections and more. more...
As we reflect and get ready for the Year-End and look forward to the Year-Ahead,
we at The Real Estate Investor Network(REINclub)
wish you a NEW YEAR 2009 filled with the best of
health,peace,prosperity,full of hope,abundance,and
resolution to make this the best year ever (in profitable
investing especially in real estate).
Happy New Year!
Susan Ordona
http://susan.reinclub.com
http://www.reinclub.com/susan/warondebt.html
There are many different ways to cultivate relationships with investor clients, and a lot of it starts on the phone. Accomplishing a productive phone call can be difficult for those who are a little less experienced with marketing to investors.
How do you talk to investors? As we all know, if we can't get beyond a phone call, we won't get very far at all... What things have you seen that have worked?
I'm working with a company called AccessU2 who just launched a product, PropertyByPhone.com. http://www.au2gpi.com/ What has been your experience with mobile services for marketing a property? Have you found them useful for attracting buyers, cutting marketing and printing costs, saving time? more...
