I’m not going to lie….more than friday and saturday, and most definitely more than the first 3 days of the work week, Thursday lands above them all. Since i was in high school, thursday always has been an awesome day. Whether it did with sports, after school clubs, TV shows scheduled, whatever, thursdays rocked. I think even more so now is the anticipation of the weekend. Because let’s be honest, NOT all weekends are great, but the anticipation of looking forward to a weekend that can potentially be great is always, well great!
Take today for example:
1. My Wife got a full day off – something very needed as we head into the 9th month of pregnancy
2. I picked up a great listing in Tidewater – 3BR/3BA Golf View only $229,900
Clubhouse Villa Tidewater Golf
( www.eaglerealtysc.com for more info)
3. Basketball Open gym at FBC tonite
4. Hardees chicken Jalepeno sandwich for lunch
5. Tomorrow is friday (as it always is on thursdays)
Just a few reasons to settle in and enjoy the ride of this great day! So here is to you, thursday!
(and in case you were wondering, my favorite say is of course our worship day of Sunday…He is the reason for all the days, so in turn He makes everyday great…even the bad ones…)
I want to say up front I am the #1 advocate for internet marketing and lead strategy. The most quoted statistic of “80%” of buyers start their search online for real estate, and i am a believer in this as well. The Internet and social media outlets need to be used advantageously in your real estate business if you are to be a continued success. You must be able to adapt and shift with technology and the marketing strategy that utilizes it if you are to make real estate sales you true career and profession. BUT…if we are going to argue statistics and data, let’s not ignore a stat that has been overwhelmingly true since before the advent of the internet, and continues to prove true…
(this is where the “but” is inserted)
According to data from the CRB accreditation and NAR, we still see 74% of a REALTOR’s business (that’s closed transactions) come from 1. Referrals from past clients/friends/family & 2. Past clients themselves (selling or helping them buy). THIS IS HUGE! Do you realize that 3/4 of your business marketing should be focused on asking and receiving referrals from past clients and keeping in constant communication with past clients themselves. Now ironically, you can knock out 2 birds with one stone (proverbial marketing) since to ask for referrals from past clients, it means you need to stay in constant communication and good standing with them. Now, to support my first paragraph statement, the internet marketing and social media strategies can work wonders for keeping the lines of communication open with past clients and working to be first in line for referrals from past clients/friends/family, etc.
So here is the “timeout” moment…as you work on setting up lead generation and internet prospecting (the new “cold calling” – which is really more like “lukewarm calling”) remember that if 75% of your business is derived from past clients and referrals, then maybe 75% of your marketing budget should be targeted as such.
(and here is another little tidbit…NAR ads an additional 6% of a REALTOR’s sales derive from Open Houses, so that, plus the above mentioned, equals 80% of your business. Where are your marketing $$ going again?)
I just got an interesting email from our friends at Crescent bank here in North Myrtle Beach. When it comes to condo buying and selling, Eagle Realty is your #1 source for deals in north myrtle beach. (www.EagleRealtySC.com )But, for the past year or more it has been impossible it seems to get pas the HOA questionnaire that tends to “kill deals”. Now this is not the end all solution to the BIG problem, but it is a step in the right direction. Check it out below…
CONVENTIONAL CONDO FINANCING WITH NO HOA QUESTIONNAIRE REQUIRED…….DETAILS BELOW….
I have been closing conventional condos with our limited review program.
I’m sure you’re aware if you’ve had to get a condo questionnaire filled out by an HOA, it typically KILLS your deal. Most lenders do not have this option anymore.
As long as your buyers put 20% down on a primary residence or 25% down on a second home (no limited review on investment property, full condo docs required on investment) I DO NOT REQUIRE A FULL CONDO QUESTIONNAIRE. Your buyers can get conventional 30 year fixed money, just like they were buying a single family home. This does not apply to any oceanfront condo units (see ineligible details at end of email, Exhibit A). I have a separate non-conventional loan for condotels.
REQUIREMENTS:
All units and common elements are to be fully completed and not subject to any additional phasing or additions
At least 90% of the total units in the project have been conveyed to the unit purchaser other than the developer
The unit owners control the HOA
No litigation concerning structural soundness of condo
(NEW FOR 2010) A certification from an officer of the Home Owner’s Association stating the current budget is sufficient to cover appropriate assessments and manage the project, no more than 15% of the total units in the project are over 30 days delinquent, a reserve of 10% of the operating budget has been established and adequate funding for insurance is established.
Adam Paskanik | Mortgage Specialist | Crescent Bank | (p) 843-315-0273 | (f) 843-315-0275 | www.crescentmortgagegroup.com/adam
” 2010 Inventory Takes Off, Inventory Right For Buyers Market, and Feb 2010 Pendings on the Rise …New Tax Credit Advantages For All Extended, Don’t wait!!!”
Data Above Is A Representation of New Lisitngs and Sold Listings for the Month of February Only
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Right now, book with Eagle Resorts at one of our Vacation Rental Properties ( www.EagleResorts.com ) and receive 10% off your booking* when using the code 10P2010 at time of booking! We accept all credit cards, PayPal, and Cash! Plus a special bonus below for referring a friend!! Let the Vacation experts take care of you and your family this year!
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Refer a Friend or Family Who Books With us in 2010 and recieve an extra $20 off your stay!!
I wish i could write it has been an outstanding week and everything was on the up and up as we head into the spring season. Oh how we all wish it were so…but personally, it has been a challenging week to say the least. I like the word challenging better than “bad” week, because as long as i have God given breath, i can’t really just title my personal week as bad. I know people in “bad” situations, and when i think about them nothing in my life can just constitute a “bad” week. But, annoying could be used i guess in some ways…
“greatness is always under fire”…i just made that up, but if someone famous said it, then kudos and credit to them. I say that as not to infringe, as a certain organization is saying Eagle Realty is doing through our logo. Now, of course i think it is ridiculous, but granted, an Eagle is a famous bird i guess. We do live in America, so i would guess it is used quite frequent. We use it based on Isaiah 40:31 when we started our company, but far be it from me to be confused with, or to confuse someone into thinking, that we are a organization in a totally un-related industry and reside in a different state! Ok, venting aside, if your day is consumed with nothing more to do than stir up confrontation, then God bless you.
On the flip side, our Logo does not define us, but our Eagle Experts do. In the fields of north myrtle beach real estate, vacation and long-term rentals, appraisals, and Insurance (www.StalveyInsuranceGroup.com ) we are the north myrtle beach home experts! Check us out at www.EagleRealtySC.com and tonite ESPN 9pm UK vs SC see the newest Eagle Realty commercial!!! I love that big Expert Eagle!
Here is an Updated Foreclosure/Short-Sale List of new properties listed within the past 30 days!! Feel free to forward this list to any friends and family (a referral is the greatest compliment we can receive). For a more detailed list of specific property criteria, email us for a free list of only properties you want to see. CLICK HERE FOR FORECLOSURE LIST!
NEW Short-Sale!!! Lender Approved – Make Offer!!
508 Blythewood Dr, Bellacroft
Low Priced – Must Sell!!
OK, let’s play some good news bad news…See the good news is right now you are still in the midst of the “perfect real estate storm” for buyers. The trifecta of Low Prices, Low Mortgage Rates, and Free money from the government for you when you buy! I mean, this is historic and may never happen again in our lifetime…And yet there are so many who do not take advantage. I think part of it has to do with the fact that people don’t believe it will change…wrong! Bad news time…
I think this kind of education goes with a rainy day we are having here in north myrtle beach, SC….but the silver lining is you can beat the fall-out. Call your Eagle Expert today and your lender to jump on the ship to grab your best real estate deal today!!! www.EagleRealtySC.com
I don’t know about you, but this week has seemed like a month by itself. I mean wow:
Multiple Showings – Finally wrote and negotiated a contract in Eastport
Sales Meeting Wednesday – Learned NEW HUD1 Regs
Tuesday Volunteer at Hopes Kitchen in NMB – www.ODPC.org
Thursday CCAR Ethics seminar via webcast – technical difficulties galore.
The passing of a fellow Realtor, Shane Owens in a tragic car accident.
A new hire to the Eagle Family – Welcome Sandy Sanders
New pendings added, Some pendings lost…
And now we have arrived at Friday, at the cusp of a busy/ maybe relaxing beautiful myrtle beach weather weekend!! www.weather.com check out zip code 29582
And for you trapped in the snow up north… Foreclosure searches and property finding on www.EagleRealtySC.com We are your experts in beach real estate!
Subject: What Is Your Career To Do List?…Eagle Realty
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Eagle Realty
Scheduled Events
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Todays Schedule
Day 1
8:00 AM Find The Company Where I Can Be Most Productive and Successful…
Day 2
8:00 AM My First Day At Eagle Realty!!!!!
In 2010, it is time to make sure your real estate career can flourish!! But can it where you are now???
Eagle Realty
-Higher Commission Structures for Agents (up to 100%)
-Highly Ethical and Reputable Work Environment
-Technology Focused and Adaptive
- Bonus Structures To Earn You more!
-Broker Support & Education
-Career Advancement
-Family of Companies including Rental Division, Appraisal Services, and Insurance Affiliate
…and more
Your Not Just and Agent, Your Family…
Do you want to be more than just another agent lost in the shuffle? Do you want your career to have meaning and work for a company that wants to make an impact in the world, beyond growing as the leading independent real estate company (though we are) on the coast? Give me a call, Let’s Talk!
Sincerely,
Chris Ward
Eagle Realty
www.EagleRealtySC.com
843-281-2887
Chris@EagleResorts.com
