By Toby Boyce
Recently, my wife and I had a chance to attend the final game for the Columbus Blue Jackets this season at beautiful Nationwide Arena. No I’m not bragging this does have something to do with real estate – just give me time.
In case you are not a hockey fan – or even if you are – this past season for the Blue Jackets was pretty disappointing. After making the NHL playoffs last year for the first-time in franchise history this was supposed to be “the” year. The coach – Ken Hitchcock – and star players were going to make a run into the NHL playoffs and make this city proud. Well, everyone is a winner when the season starts, but fast forward to April and “Hitch” is gone as well as any chance of this squad making the playoffs.
As we sat and watched this game unfold it was obvious that the Blue Jackets – both on the ice and in the stands – had mailed in these final couple of weeks. The Red Wings were consistently on the attack and the fans were sitting on their hands. The atmosphere in Nationwide usually has a pretty strong level of energy, however on that night it was like a wake – and not an Irish one at that.
Okay, so how does this relate to real estate?
Well think about those new listings. Sitting at the kitchen table when that John and Susan Seller signs those documents and you have that brand new listing it is a great feeling. You’re confident it is priced right and the buyers are going to be lining up for this property. Continue reading »
By Nobu Hata
I know, I know, you’ve heard about all the goings on at MidYear Meetings. It’s “boring,” “there’s no point to it,” or “what do they do in D.C., anyways?” Fact of the matter is, it’s at these meetings that policy — present and future — gets discussed among the members of the National Association of REALTORS®. And it’s at these particular meetings that mobilization of the “under recognized groups” will be discussed. YPN will be one of those groups. Last time I checked, we are both of the above.
So with policy conversations, committees, forums, meetings… it doesn’t mean you can’t have any fun. Outside of New York City, there is no more vibrant a town than Washington, D.C. Shops, restaurants, bars, they’re all open late, and the cooler part? It’s a city devoid of folks actually native to it. Everyone is from another part of the country, making random conversations with complete strangers commonplace.
REALTOR(R) stuff: Sit in on a committee meeting. YPN involvement is mandatory now, so get to it. Check out the meeting schedule.
International Night Out: Want to learn and network with international peeps? Attend the International Networking Reception on Wednesday, May 12. (This is a ticketed event, so sign up early.)
The Business Technology & Information Systems Forum is Thursday, May 13. Come learn something new, and share what you know. In fact, bring a veteran agent with you and show ‘em that we’re not all about Facebooking and Twittering.
OK, so some of us Twitter… a lot. Midyear Tweetup is 5 p.m. Thursday, May 13 at the Marriott Wardman Park Lobby Lounge.
By Toby Boyce
According to Dictionary.com, one definition is that ethics are “the rules of conduct recognized in respect to a particular class of human actions or a particular group, culture, etc.”
As members of the National Association of REALTORS®, practitioners agree to abide by the Code of Ethics as established by the organization, and are bound by state and federal statutes that keep the business from descending into chaos.
But who is minding the gates when it comes to enforcing ethics? Local boards are often overworked and understaffed and the smaller boards are “offices of one” that are struggling just to keep the place running. NAR has too many practitioners (1.2 million members) to even consider this type of monitoring throughout the program. Ultimately, REALTORS® have to self-regulate our own industry. The practitioners are the ones in the fire every day.
However, are we doing anything with this? Continue reading »
By Rob Reuter, YPN Manager
I think many of us who are part of YPN would agree that one of our goals is to bridge the generational gap that seems to have been created in our industry. I get asked all the time if there is an age limit for YPN or if there ever will be. My response has always been the same: YPN is for the young and young-at-heart real estate professionals.
With that being said, this blog post is in honor of our young-at-heart colleagues and you may notice a familiar theme that Jeff Foxworthy uses with his ‘redneck’ jokes (if you don’t know who Jeff Foxworthy is, you might be too old for YPN). So here’s a test of your young-at-heartness. Hopefully, you’ll get a nostalgic chuckle or two out of this:
- If you’ve ever referred to the MLS in BOOK FORM, you might be too old for YPN.
- If your business card photo is OVER 10 YEARS OLD, you might be too old for YPN
- If you’ve ever used a CAR PHONE to sell a house, you might be too old for YPN.
- If you’ve sold a home when people were still putting wallpaper UP, you might be too old for YPN.
- If you’ve sold a home when shag carpeting or wood paneling was IN STYLE, you might be too old for YPN.
- If you’ve sold a home when they were still using LEAD BASED PAINT in NEW construction, you might be too old for YPN.
- If your membership is not DECREASING the average age of a REALTOR®, you might be too old for YPN.
All kidding aside, how about a big round of applause for our more experienced colleagues and may you continue to enlighten us on how to become better REALTORS®.
By Brooke Wolford
I was recently working in my office and got to thinking as I look around at all the other practitioners. All but a few had a relative who was able to mentor them. Then I look at myself… I am flying solo here. I was lucky enough to start out in the closing end of the business but being on the other side was completely different to me.
I still am trying to grow as a practitioner. I try to participate in several groups, read about up and coming agents, marketing trends, networking, you name it. But still, I am not quite the Donald Trump I had hoped to be… at least not yet.
I read my fellow YPN bloggers posts and wonder… how do they do it??? They all seem to be a wiz in this crazy world of real estate. I wonder how they all got their start and how have they become the agents that they are.
I am now on a mission to find a person to help show me the way. If you can’t figure it out yourself, you need to do what you can to find a way to get there.
On my blog www.strugglingrookierealestateagent.blogspot.com, I received a comment from a newly licensed agent. He wanted to know some key questions to ask when shopping for a broker. It was a tough question for me to answer, as I had not asked any questions when I had first received my license and just went to the company that I had closed for and later moved to a company that a friend of mine worked with. After some careful thought, this is what I came up with and what I probably should have asked in the beginning. Continue reading »
By Dave Robison
Mo Money Mo Problems! Bank of America has got it all. If they can’t even order a payoff, how is the Home Affordable Foreclosure Alternatives Program (HAFA) going to help? Do a short sale with them in 30 days! And a cry for help!
If the government gave you $45 billion dollars, what could you do with it? With that amount of money most of us probably think we could change the world! Bank of America got that much in bailout money. They got MO MONEY, but it looks like they aren’t changing the world, it looks like they have just inherited MO PROBLEMS! Yes, we all know the nightmare on their short sales; however there are more problems than that. Bank of America can’t even order a payoff for a home that isn’t a short sale and they are foreclosing on the wrong mortgage on property where they issued a reconveyance on their own loan.
There is some good news out there. There’s a practitioner in my CYBERSTAR Agent Network (group of practitioners nationwide) who did a B of A short sale in 30 days. I’ve been using equator.com to do short sales with Bank of America as well and have accomplished a 60 day turnaround. The main hiccup with us wasn’t B of A; it was my seller getting their information entered into their system. It is an online system that we knew they were going to convert to over a year ago. It took them a while to implement it but its up and running and working good! So here are the tips in working with B of A on short sales:
Tip one: Sign up on Equator.com Our short sale process has gone from 6+ months to 2 months. Continue reading »