Realtors Without Lockbox Keys

10% of the Realtors sell 90% of the homesI posted on Face Book last week this entry: When the agent calls and says “Vince, I’m Whoever with XYZ Realty and I don’t have a lockbox key, can you open your listing for us” I IMMEDIATELY HIT THE DELETE KEY.What I got were 58 comments of varying viewpoints. Although I respect the real estate profession, I do not respect Realtors who ask the listing agent to show their buyers your listing either because they don’t have a lockbox key (a basic tool of the Realtor) or because “they are out of town.”

This is a despicable request for them to make and I immediately disqualify a buyer who would work with such an inept agent. I used to always accommodate those requests and I NEVER got an offer…… or a thank you, from the other agent.

Some agents said I was doing my seller a disservice by not showing to every possible buyer. I DISAGREE. I notice that the other agent NEVER says “I’m sending my buyer with a pre-qualification letter or proof of funds” because the other Realtor never checked. They run their business by the seat of their pants and just hope and pray I could close this buyer of theirs that they can’t close on any other deal. It is a disservice to my client not to carefully screen each potential buyer to weed out the ones that will be a problem later.

To those agents that DISAGREE, I will ask you: Have you ever had a seller load up their furniture and clean out the house and on the DAY of closing you find out the buyer can’t close? I know I have NOT because I am taking care of my sellers by screening those deadbeats out.

Agents that don’t have the basic tools or even the office support to help them show office clients available listings will not be in the business long. I can’t imagine asking another agent from another firm to show MY buyer their listing. How unprofessional to the BUYER is that? At least have another agent from your own office cover the showing for you.

Realtors sometimes get a bad rap……. and sometimes it’s our own fault.

For more information, go to: http://www.headofrealestate.com

A Word to My Friends in The Print Media

Here it comes! The doom and gloom! Sales this September, October and November are going to be WAY down from the same time period as last year! Before you report that the market is CRASHING and that real estate is getting worse, PLEASE consider the following!

The ORIGINAL end to the first time home buyer tax credit (that was also being used by non-first time buyers, thank you Mr. President) was originally supposed to end on November 30th, 2009. Needless to say, everyone was in the hunt to get the “free money” our government has been giving away to people who don’t really need it the past two years.

The bottom line is this. THE TOTAL NUMBER OF HOUSES SELLING IS ALMOST EXACTLY ON PAR WITH 2009. The volume of sales was just spread out more evenly as opposed to peaking every time the government established another extension of the tax credit. Further, prices, at least in Tampa, have remained very steady over the past year and I only see the luxury market poised to take another hit in values at some point in the future if the economy does not get any legs to her SOON.

To report a bottoming out real estate market, even though the wires will be full of such information, it will pay to do the homework and look at the entire number of sales, YEAR TO DATE from 2009 when making such comparisons. Although I love stories on real estate, sometimes all that negative press scares away the buyers and that has a huge impact on our economy nationwide.

Why should the investors make a killing while the average Joe is apprehensive to buy those great deals. I have not seen so many investors buying up real estate since the early 90’s. THEY are not impacted by the national media and are making a killing. Realtors that represent those investors are also along for the ride. But the average American needs to know, that over the course of history, buying a home is one of the best investments you can make!

A house in Tampa that was built in the 1970’s for $20,000 in now worth over $200,000 (and was worth $400,000 in 2005). A person RENTING that home paid almost the same payment except the buyer has long since paid this home off and received a great tax break while he had a mortgage. The rate was fixed for 30 years (so the payment never changed) while the renter got price hikes at every renewal. Look at that house value over time. Even with today’s value, that homeowner would tell you that buying a home in the 1970 was one of the smartest financial moves he made in his life. The SAME THING that buyers who bought in 2009 and 2010 are going to be saying in the future.

Will somebody PLEASE run a story on the long term value of real estate and the trends in has run over the last 100 years? THAT would be a great story, a feel good story that would actually HELP the situation out. After all, the media was certainly fanning the flames in 2004, 2005 and 2006 giving consumers the confidence to all walk off that cliff together. Now we need that type of reporting going the other way to ease concerns of those who bought and got burned.

To those investors who bought in 2005 for example and own a home in a community worth 50% less than what you paid for yours…… go buy two or three more of the same model NOW at 50% off and put your renters in their. Those values will rise in the future and the huge profit you make will more than offset the loss on the one you bought. Just like the stock market! You bought stock in a company you have confidence in too early and it is down 50%……. if you believe in the product, go buy more at the discount to offset your loss. THAT make perfect sense to me………..

What say you?

http://www.headofrealestate.com

What Was America Thinking in Nov of 2008?

What the heck is President Obama thinking? We just sent $70,000,000 to Pakistan for the flood relief? Why don’t those Muslims building the Masque near the site of ground zero throw some money that way? Why does President Obama want to bail out EVERYONE except the people on “Main Street” that he promised to help on the campaign trail?

The banks get a big TRILLION dollar bailout (paid for by the people on Main Street) and now are reporting record profits again. What do the banks do in return? Do they ease the Short Sale crises in America by making the process easier? NO, the are dragging out the process and then when they finally do make the deal happen, the go after everyone involved in the deal to cut fees and do their best NOT TO PAY THE PEOPLE who made the deal happen. Stuffing their own pockets. How is shortchanging those workers on Main Street going to stimulate the economy? If we can’t make any money selling Short Sales, why do we bother? My commissions have been cut well over six figures on Short Sales in the last few years, money that would have been spent and used to stimulate the economy. Now times me by over 500,000 Realtors across the USA! It seems like our President forgot who he was working for.

Now he (President Obama) decided to backpedal on the Masque being built near the site of the World Trade Center disaster. What he SHOULD HAVE SAID (had his Teleprompter been hooked up) was “They do have a right to build it anywhere they want, however I think they should use better judgement in their location of the Masque…… the American people and the people of New York have suffered enough” but as usual, he was apologizing FOR America instead of leading her. Anyone who thinks this guy has done a good job is nuts!

He is spending by the trillions trying to stimulate this flat economy. All he needs to do is cut the taxes of wealthy Americans and offer tax incentives to hire workers and this broken down machine of America can start her economic engine again. But this ARROGANT man refuses to do it because HE wants to be the one to invent a NEW WAY to do it……………… bankrupting America for a shot at history. Well the only history he is making is standing next to Jimmy Carter as the worst commanders in US HISTORY! I’ll bet George Bush is smiling because as much as Obama hates him, he made Bush look TERRIFIC compared to him. He is a despicable man and a despicable President.

http://www.headofrealestate.com

STOP THE LEAK…. NOW!

As a past supporter of offshore drilling, I always assumed that those in charge had a plan to stop a massive oil leak like the one in the Gulf. The reason why I supported it was because I always thought the amount of oil spilled when they hit the well was minimal. Now THIS. It’s only a matter of time before hurricane season is clicking off one named storm after another and all that oil is swished around and no telling where in the world it will end up. This certainly will be the biggest disaster to the environment short of a nuclear accident.

I was thinking last night, why don’t the build a structure the size of a small house, with legs (like the Apollo Moon Lander) and sit it on top of the pipe. On top of the structure, put a circular pipe. They could slowly weld the pipe together and section by section lower it on top of the leak. Then the will have a large tube filling with the oil as it gushes up to the surface where it can be siphoned out into barges and hauled away, 100% clean.

It would take less than 7 days to build it and the environmental damage would be stopped. Why is this not being done? Certainly all those engineers have already thought of this simple solution? DUMBASSES!

Most would not support drilling offshore if they know this could happen. I’d rather pay $5.00 a gallon and have my clean beaches for my kids to enjoy.

Exit Convention in Washington D.C.

Just got back from a week of fun and learning at the Exit Realty Convention in Washington D.C. and I am just blown away by the entire organization. From the regional owners to the trainers to the Brokers and agents to management and staff.  I spent about 18 years with ERA and went to many a convention, but never have I experienced the overwhelming SUPPORT the Exit organization gives to its membership!

I learned more in 6 days than I have in the past 6 YEARS! Exit Realty really cares about US and my move to Exit was the best decision I could have made for my family…… for my retirement!

I am just blown away by the Forbes family, by the support I get from them, all the way to the top of the food chain in Exit.  I feel part of the family, like I belong.  That is how Exit treats their agents

That was before they rolled out the red carpet for ALL of us in Washington D.C.  Steve Morris is a first class of a man and a GREAT leader and a great motivator.  I could not believe the access we all had at the convention.  The breakout sessions were the best I have ever been to and a special call out to Valerie Reyes who just blew the crowd away with her “Summit” session.

If you are burned out with the same old same old, give Exit a look!  My Team was #1 worldwide with ERA in 2008, like #4 or 5 the year before.  I was never treated like anything other than another number, another fool that paid them $30,000 to $40,000 a year in franchise fees and nobody knows your name!

Moving to Exit was the best decision I have EVER made and as I watched Steve Morris hand out a $100,000 check (like they do every year) to the lucky guy whose name was randomly pulled out of a barrel, I thought to myself, “wow, it’s nice to belong to a company that actually gives something back to the agents that made the company what it is.”

To learn more about Exit Realty, visit my website at http://www.headofrealestate.com

It’s FUN To Be A Realtor Again!

I don’t know if it was my move to EXIT or if the real estate world is changing for the better!  The last 60 days have been VERY busy for us!  30 more days makes a full quarter of improved sales.  That is enough for the media to jump on board!  The fact that prices have started to get stable in Tampa Bay, one of the worst hit markets for property depreciation, tells me the rest of the world must be improving as well!

The late night infomercials are filled with “get rich quick” and “no money down” books and CD’s to buy so you know we are at the bottom!  Seems like with every rise and fall of the market, we get those shady products trying to suck the public into false promises (trust me, if they knew where to buy houses for $500, they would not be selling books to tell everyone about it, they would be in the Fortune 500 as one of the wealthiest people in the USA, not selling CD’s on late night T.V.).

It’s fun to be a Realtor again.  I know it is not that way for everyone, but it is getting better!  For the record, my first few months with EXIT Realty have been incredible, fantastic and wonderful!  If you are a Realtor reading this blog and you should take a look at what EXIT has to offer in your town!

For more information, go yo http://www.headofrealestate.com

Thank you EXIT Realty!

EXIT Realty CEO

Been in EXIT for three weeks now. THREE WEEKS! My partner Jason Garcia and I have gotten THREE referrals through the EXIT system. That is THREE more referrals I have gotten from ERA in the past 14 years! I get calls DAILY from brokers, agents and even the President of EXIT in North America, Tami Bonnell. I NEVER received a call from Brenda Caserly (President & CEO of ERA) ever. Not when I finished #4 worldwide with ERA, not when I finished #1 Worldwide with ERA. Forget the fact that I have paid about $100,000 in franchise fees the past 3-4 years. When I look at the support I am getting from EXIT, from my Broker, the LEGENDARY Wayne Furlong (who sold 365 houses in 365 days in 2005, a guy who was HOMELESS and living out of his car) to Scott Forbes (regional owner of EXIT) and his entire family. I’m riding on cloud EXIT. It feels good and I am so jacked up again about this business.

I feel like I have been in jail for ten years and now I am FREE again. While I was writing this blog, I got a call from an EXIT broker in Texas. Referral # 4. UNREAL. Without a doubt, EXIT will take my business to another level, ESPECIALLY when this market turns and I get about 100 agents to join in. THAT is when my EXIT plan will be in full force. Join now while the market is slow because when it turns, you will be as prepared as I am!

The guy pictured above is the only person from EXIT I have not heard from YET. This is Steve Morris, Founder & CEO of EXIT. I’m not a gambling man, but I’d bet everything I have in this world that I will hear from him as well in the next 30 days! I’ll keep you posted. All I know is EXIT Realty is as FIRST CLASS of an organization that I have ever seen, known or been affiliated with. I wake up everyday excited to go to work again. The feeling I get in my HEART is that EXIT REALLY and TRULY CARES about me and my family.

Care to join me? For more information on EXIT, go to http://www.headofrealestate.com