Dear Affiliate:
Unprecedented conditions in the real estate market and the economy present significant challenges to everyone in our industry, including Prudential Real Estate and Relocation. We are initiating organizational changes that will help us gain efficiencies and optimize our business performance now and far into the future.
Effective today, we are combining our Real Estate and Relocation businesses into one powerful operating company: Prudential Real Estate and Relocation Services (PRERS). Bringing these operations closer together will help us leverage our expertise for the benefit of our affiliates and our relocation clients.
Earl Lee is now president of our combined company, reporting directly to me. Most of you know Earl well, as he served Prudential Real Estate Affiliates, Inc. as president from 2000 through 2006. He served the last two years as president of Prudential Relocation.
We ve restructured our business development strategies and functions in real estate to gain efficiency and greater focus on significant market opportunities. Keith Smith will lead all real estate business development efforts and will report to Lou Gonzalez. Lisa Mackey, also will report to Lou, and will oversee our real estate service operations.
Several functions are being consolidated to support all of PRERS, including Information Technology, Strategic Planning and Resources, Marketing, Communication & PR, and Learning Excellence/Network Education.
Unfortunately, some of the changes we ve made today involve program changes and staffing reductions. The necessity of these changes doesn t lessen the impact on many of our friends and colleagues. We thank these employees for their valuable contributions.
To be sure, Prudential Real Estate and Relocation Services is steadfast in our strategic focus, core values and commitment to our affiliates and relocation clients. The power of our brand, the financial strength of our parent company, and the enormous talents and determination of our affiliates and our employees assure we will work through these challenging times and emerge as an even stronger network, well-positioned for the long term.
We distributed a press release today to the national media highlighting these points. I ve attached a copy of the press release for your reference.
Sincerely,
John Van Der Wall
Chairman
Prudential Real Estate and Relocation Services
Friday, December 12, 2008
Tuesday, November 11, 2008
E-Team - Latest Rankings
Prudential Don Johnson Company climbed to the number 7 spot in the Nation among affiliates receiving 4,000 or more registrants in a year. The 42% of sales to Initial Tour Requests was tops in the State. Coming in at 27th was Prudential Classic at 23%.
Congratulations to our E-Team staff and agents - let's go for number 1!!!!
Congratulations to our E-Team staff and agents - let's go for number 1!!!!
Monday, November 10, 2008
E-Team Compensation
I just wanted to remind folks of our commission policy, as published by email to team mates last year on November 28, 2007.
As previously reported last year, because of the the strong involvement of staff in the development of business, all compensation received on an E-Team deal will be shared - which includes all bonuses. All compensation will be aggregated and treated as commission income.
As previously reported last year, because of the the strong involvement of staff in the development of business, all compensation received on an E-Team deal will be shared - which includes all bonuses. All compensation will be aggregated and treated as commission income.
Tuesday, October 21, 2008
San Antonio ranked number two by Forbes
Best And Worst Bang For The Buck. The economic storm sweeping the country has left Americans with few places to hide. But those looking to hunker down might want to head to Texas, where they can get the best value for their dollar...(read more)
Friday, October 17, 2008
Friday, September 26, 2008
Earl Lee Letter Regarding Capital Market Issues
click the image to see the full-size letter from Earl Lee
Wednesday, September 10, 2008
9-11
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
September 11th ~ In Memoriam
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Dear Chamber Investor:
Mayor Phil Hardberger asked that I forward an invitation to all of our members requesting that the San Antonio community lower all flags to half-staff tomorrow, in honor of the anniversary of the day so many men and women lost their lives on September 11, 2001. I urge each of our member firms to join The Chamber and the Mayor to honor those who perished in these tragic events.
Sincerely,
Richard Perez
President & CEO
The Greater San Antonio Chamber
of Commerce
September 11th ~ In Memoriam
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Dear Chamber Investor:
Mayor Phil Hardberger asked that I forward an invitation to all of our members requesting that the San Antonio community lower all flags to half-staff tomorrow, in honor of the anniversary of the day so many men and women lost their lives on September 11, 2001. I urge each of our member firms to join The Chamber and the Mayor to honor those who perished in these tragic events.
Sincerely,
Richard Perez
President & CEO
The Greater San Antonio Chamber
of Commerce
Thursday, September 4, 2008
Monday, August 4, 2008
Realtrends sees National improvement
July 2008
Volume XXII , Number 7
www.realtrends.com
COMMENTARY
On the Road to Recovery
The June 2008 REAL Trends housing market shows that, for the first time in nearly three years, housing unit sales are at the beginning stages of finding a floor and perhaps even heading up. In this months report, the key states of California and Nevada showed increases in units closed, versus the same month a year ago. Also, the report showed that every region was improved from the May 2008 results. Decreases in units closed shrank as did the price declines that had been seen in the past nine months. We expect that as we approach the one-year anniversary of the melt down in the mortgage markets the year-over-year decreases in units closing will continue to shrink and may turn modestly positive in the months ahead.
However, when reading the results from the report it is clear that a major factor in the turnaround in key markets is the decline in the average sales price of the homes being sold. The average price declines in the California and Nevada markets was between 28 and 32 percent, indicating that the turnaround is mostly in the entry level market segment. What we
hear from brokerage firms in these markets are that homes at the entry levels include a significant number of foreclosure sales, short sales and builders dropping their prices to clear out older lower priced inventory.
The strengthening of the entry level market is a critical component of a housing recovery. As the excess inventory gets sold those in the lower price segments have the liquidity to consider a move up into higher price levels. We know from experience that this is the foundation of a recovery.
It is apparent, however, that until the excess inventory throughout the price spectrum gets brought back into line with demand that prices will remain under substantial pressure. And this will not happen until sales professionals and brokerage firms regain discipline in how they price and market listings. The Denver area, where the author lives, cannot be that different than most markets throughout the country. There are simply far too many overpriced listings on the market; listings that the listing professional and brokerage firm both know are overpriced and unlikely to sell in any reasonable time frame.
The Impact of the Internet
For over ten years real estate professionals have both feared and embraced the impact of the Internet. While many thought that it would serve as a platform allowing "outsiders" the ability to disintermediate the brokerage/sales professional/housing consumer relationship in order to place referrals with large referral fees, that hasn’t really occurred. Instead, it is the instant availability of housing market information that is now causing significant challenges for real estate professionals.
In past downturns when the only source of housing market information was the real estate professional, and once interest rates had headed down and the general economy strengthened, real estate professionals would guide buyers back into the market with the message that "now is the best time to buy." And without the independent means to determine values, both current and historical, the consumer would move to purchase under this guidance. And for the most part it worked out fine for both parties.
Today, the Internet allows housing consumers to do their own homework and form their own opinions about values in the housing market. There may be too much information available to a consumer, but these Internet savvy buyers and sellers don’t much care for that view. To many having more than enough is far better than having none as in the past. Sales professionals have to understand that simply saying "now is a great time to buy" will have to be replaced with hard data, facts and figures and trends about housing markets. Trying to hide from this reality is a fruitless exercise.
Volume XXII , Number 7
www.realtrends.com
COMMENTARY
On the Road to Recovery
The June 2008 REAL Trends housing market shows that, for the first time in nearly three years, housing unit sales are at the beginning stages of finding a floor and perhaps even heading up. In this months report, the key states of California and Nevada showed increases in units closed, versus the same month a year ago. Also, the report showed that every region was improved from the May 2008 results. Decreases in units closed shrank as did the price declines that had been seen in the past nine months. We expect that as we approach the one-year anniversary of the melt down in the mortgage markets the year-over-year decreases in units closing will continue to shrink and may turn modestly positive in the months ahead.
However, when reading the results from the report it is clear that a major factor in the turnaround in key markets is the decline in the average sales price of the homes being sold. The average price declines in the California and Nevada markets was between 28 and 32 percent, indicating that the turnaround is mostly in the entry level market segment. What we
hear from brokerage firms in these markets are that homes at the entry levels include a significant number of foreclosure sales, short sales and builders dropping their prices to clear out older lower priced inventory.
The strengthening of the entry level market is a critical component of a housing recovery. As the excess inventory gets sold those in the lower price segments have the liquidity to consider a move up into higher price levels. We know from experience that this is the foundation of a recovery.
It is apparent, however, that until the excess inventory throughout the price spectrum gets brought back into line with demand that prices will remain under substantial pressure. And this will not happen until sales professionals and brokerage firms regain discipline in how they price and market listings. The Denver area, where the author lives, cannot be that different than most markets throughout the country. There are simply far too many overpriced listings on the market; listings that the listing professional and brokerage firm both know are overpriced and unlikely to sell in any reasonable time frame.
The Impact of the Internet
For over ten years real estate professionals have both feared and embraced the impact of the Internet. While many thought that it would serve as a platform allowing "outsiders" the ability to disintermediate the brokerage/sales professional/housing consumer relationship in order to place referrals with large referral fees, that hasn’t really occurred. Instead, it is the instant availability of housing market information that is now causing significant challenges for real estate professionals.
In past downturns when the only source of housing market information was the real estate professional, and once interest rates had headed down and the general economy strengthened, real estate professionals would guide buyers back into the market with the message that "now is the best time to buy." And without the independent means to determine values, both current and historical, the consumer would move to purchase under this guidance. And for the most part it worked out fine for both parties.
Today, the Internet allows housing consumers to do their own homework and form their own opinions about values in the housing market. There may be too much information available to a consumer, but these Internet savvy buyers and sellers don’t much care for that view. To many having more than enough is far better than having none as in the past. Sales professionals have to understand that simply saying "now is a great time to buy" will have to be replaced with hard data, facts and figures and trends about housing markets. Trying to hide from this reality is a fruitless exercise.
Wednesday, July 30, 2008
United Title of Texas closes doors in Texas
United Title of Texas shuts down statewide
Six Houston-area locations affected; scheduled closings today in jeopardy
By NANCY SARNOFF Copyright 2008 Houston Chronicle
July 30, 2008, 11:48AM
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United Title of Texas has closed all its offices around the state, including six in the Houston area, because of financial troubles related to its Colorado-based parent company.
"They closed these companies as I understand because they have a line of credit for which they failed to meet covenants of," said Jim Hilburn, who had been chairman and CEO of the Austin based title company since October 2006.
United Title is a subsidiary of Mercury Cos., which owns title agencies in California, Colorado, Texas, Oregon, Nevada and Arizona.
Hilburn was told late yesterday afternoon that the company was ceasing operations in Texas.
About 60 employees in the Houston area and 190 statewide were affected.
The local offices are in Clear Lake, Pearland, Cinco Ranch, Cypresswood, The Woodlands and on Richmond Avenue. United Title also has offices in Tyler, Dallas/Fort Worth, Austin and San Antonio.
The company's title files will be turned over to First American, one of Mercury's largest underwriters, said Hilburn, who was waiting for First American officials to arrive at his office Wednesday morning to discuss the transition.
"We have a lot of closings that are supposed to occur," he said. "If people miss closing dates, they can lose their loans. The ones today could be in jeopardy."
Hilburn said Mercury, a family-owned company that's been around since 1946, began expanding rapidly during the recent housing boom.
The company operates a network of more than 500 branches and has some 6,000 employees, according to its web site.
But Hilburn said those ranks had shrunk significantly as the company was scaling back operations and eliminating jobs.
"They were expanding tremendously in multiple states," he said. "That takes a lot of money."
nancy.sarnoff@chron.com
Six Houston-area locations affected; scheduled closings today in jeopardy
By NANCY SARNOFF Copyright 2008 Houston Chronicle
July 30, 2008, 11:48AM
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United Title of Texas has closed all its offices around the state, including six in the Houston area, because of financial troubles related to its Colorado-based parent company.
"They closed these companies as I understand because they have a line of credit for which they failed to meet covenants of," said Jim Hilburn, who had been chairman and CEO of the Austin based title company since October 2006.
United Title is a subsidiary of Mercury Cos., which owns title agencies in California, Colorado, Texas, Oregon, Nevada and Arizona.
Hilburn was told late yesterday afternoon that the company was ceasing operations in Texas.
About 60 employees in the Houston area and 190 statewide were affected.
The local offices are in Clear Lake, Pearland, Cinco Ranch, Cypresswood, The Woodlands and on Richmond Avenue. United Title also has offices in Tyler, Dallas/Fort Worth, Austin and San Antonio.
The company's title files will be turned over to First American, one of Mercury's largest underwriters, said Hilburn, who was waiting for First American officials to arrive at his office Wednesday morning to discuss the transition.
"We have a lot of closings that are supposed to occur," he said. "If people miss closing dates, they can lose their loans. The ones today could be in jeopardy."
Hilburn said Mercury, a family-owned company that's been around since 1946, began expanding rapidly during the recent housing boom.
The company operates a network of more than 500 branches and has some 6,000 employees, according to its web site.
But Hilburn said those ranks had shrunk significantly as the company was scaling back operations and eliminating jobs.
"They were expanding tremendously in multiple states," he said. "That takes a lot of money."
nancy.sarnoff@chron.com
Tuesday, July 22, 2008
NEISD capped schools
FYI - after call to NEISD - found out that Reagan is no longer capped because of the opening of the new high school. Here is a link to the NEISD web page about capped schools.
Thursday, July 17, 2008
MLS Conversion Notes
MLS Conversion 2008
The MLS Committee and the SABOR Board of Directors recently took action to begin steps to change MLS vendors upon the expiration of our current agreement with Fidelity National Information Systems (FNIS). Paragon will be replaced with ConnectMLS, provided by dynaConnections - an Austin based company.
Plans are to run ConnectMLS parallel to Paragon during the months of August and September, permitting members to log into either system. All listing entry will be done through Paragon during the parallel time, with updates being made to ConnectMLS several times a day. Training will be conducted during an August/September timeframe and in October the official cutover to the new system will be made. There will be no MLS fee increase to make the change to the new system.
Background: Last year, members were surveyed and focus groups held to determine the effectiveness of our current MLS system. Based on this input, those responding indicated that a change in systems was not necessary, unless a better system could be found, with no increase in MLS fees.
Using this survey information on member needs and expectations, a Vendor Search Task Force was appointed by the SABOR MLS to examine all future options. "Requests for Proposals" were sent to eight leading MLS vendors to examine all system options available to the San Antonio Board of REALTORS®. The Task Force analyzed proposals, participated in product/system demonstrations and after several months of study, made a final recommendation to the MLS Committee and the Board of Directors.
The recommendation was to enter into a contract with dynaConnections for our next MLS system. ConnectMLS runs on new technology and the system has a remarkable response time. In addition to system speed, ConnectMLS has built-in tutorials throughout each function. Our new product will also utilize "Property Info" by REIdata as part of the roll out. "Property Info" has public records in a format giving users many more search capabilities, one of which will be the ability to search public records by subdivision for those counties that provide it. In addition to tax data/public records for Bexar, Comal Kendall and Guadalupe Counties, the following Counties will be added for the new MLS: Bandera, Atascosa and Wilson.
The Vendor Search Task Force was comprised of Dwight Hale, Chairman; Gloria Byington, Linda Rasmussen; Missy Stagers and Sue Trautner. The conversion design team will consist of Tim Brown; Al Cannistra; David Bogue; Jack Jones; and Linda Rasmussen. SABOR thanks all of the members involved in this process for sharing their time, talent and expertise.
Updates will be released periodically over the next few months. Should you have any questions, please contact SABOR's Member Services Department.
The MLS Committee and the SABOR Board of Directors recently took action to begin steps to change MLS vendors upon the expiration of our current agreement with Fidelity National Information Systems (FNIS). Paragon will be replaced with ConnectMLS, provided by dynaConnections - an Austin based company.
Plans are to run ConnectMLS parallel to Paragon during the months of August and September, permitting members to log into either system. All listing entry will be done through Paragon during the parallel time, with updates being made to ConnectMLS several times a day. Training will be conducted during an August/September timeframe and in October the official cutover to the new system will be made. There will be no MLS fee increase to make the change to the new system.
Background: Last year, members were surveyed and focus groups held to determine the effectiveness of our current MLS system. Based on this input, those responding indicated that a change in systems was not necessary, unless a better system could be found, with no increase in MLS fees.
Using this survey information on member needs and expectations, a Vendor Search Task Force was appointed by the SABOR MLS to examine all future options. "Requests for Proposals" were sent to eight leading MLS vendors to examine all system options available to the San Antonio Board of REALTORS®. The Task Force analyzed proposals, participated in product/system demonstrations and after several months of study, made a final recommendation to the MLS Committee and the Board of Directors.
The recommendation was to enter into a contract with dynaConnections for our next MLS system. ConnectMLS runs on new technology and the system has a remarkable response time. In addition to system speed, ConnectMLS has built-in tutorials throughout each function. Our new product will also utilize "Property Info" by REIdata as part of the roll out. "Property Info" has public records in a format giving users many more search capabilities, one of which will be the ability to search public records by subdivision for those counties that provide it. In addition to tax data/public records for Bexar, Comal Kendall and Guadalupe Counties, the following Counties will be added for the new MLS: Bandera, Atascosa and Wilson.
The Vendor Search Task Force was comprised of Dwight Hale, Chairman; Gloria Byington, Linda Rasmussen; Missy Stagers and Sue Trautner. The conversion design team will consist of Tim Brown; Al Cannistra; David Bogue; Jack Jones; and Linda Rasmussen. SABOR thanks all of the members involved in this process for sharing their time, talent and expertise.
Updates will be released periodically over the next few months. Should you have any questions, please contact SABOR's Member Services Department.
Thursday, June 5, 2008
Inline Strategy Press Release
Prudential Real Estate Launches New Advertising Campaign
– Spots tout new tools, services available to real estate consumers at prudential.com
IRVINE, Calif. – Prudential Real Estate Affiliates, Inc., a Prudential Financial, Inc. [NYSE: PRU] company, today launched a new advertising campaign directing consumers to new tools and resources available at the company’s popular Web site, www.prudential.com/realestate.
Television advertisements, created in high definition by Prudential Advertising, underscore that real estate consumers will find the resources and information needed for their property searches at Prudential.com. The campaign slogan: "Prudential.com … the shortest distance between you and home" positions Prudential Real Estate as the trusted source for useful real estate information, and directs consumers to Prudential.com and to affiliate listings.
"You can click on to our site and quickly get an Environmental Profile, a Value Range Estimate and a Property Profile on any domestic property, free of charge," said Laurie Keenan, president, Prudential Real Estate Affiliates, Inc. "Of course, you can also search more than 3.5 million listings and reach out to your nearest Prudential Real Estate affiliate for the consultation and services you need to complete prudent real estate transactions.
"Our message is a simple one," Keenan continued. "Real estate consumers can find everything they need at one address, prudential.com."
Advertisements, which premiered today on ABC’s Good Morning America, will run in prime time on network television stations, and during ABC’s streaming broadcasts online. The campaign also will include print and online display/banner advertising.
Prudential Real Estate and Relocation Services, Inc. is Prudential’s integrated real estate brokerage franchise and relocation services business. Prudential Real Estate franchises are independently owned and operated. Companies are selected based upon outstanding performance records, high levels of customer service and shared business values with those of Prudential. Prudential Real Estate provides franchises with business strategies using Operation Reviews as well as numerous benefits, including access to Prudential
(more) Pag e 2
Real Estate’s Online Seller AdvantageSM program designed to provide real-time information to sellers with the touch of a keystroke. Prudential Real Estate is one of the largest real estate brokerage franchise networks in North America, with more than 2,100 franchise offices and approximately 64,000 sales professionals in the franchise Network as of March 31, 2008.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $631 billion of assets under management as of March 31, 2008, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping approximately 50 million individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit www.prudential.com.
– Spots tout new tools, services available to real estate consumers at prudential.com
IRVINE, Calif. – Prudential Real Estate Affiliates, Inc., a Prudential Financial, Inc. [NYSE: PRU] company, today launched a new advertising campaign directing consumers to new tools and resources available at the company’s popular Web site, www.prudential.com/realestate.
Television advertisements, created in high definition by Prudential Advertising, underscore that real estate consumers will find the resources and information needed for their property searches at Prudential.com. The campaign slogan: "Prudential.com … the shortest distance between you and home" positions Prudential Real Estate as the trusted source for useful real estate information, and directs consumers to Prudential.com and to affiliate listings.
"You can click on to our site and quickly get an Environmental Profile, a Value Range Estimate and a Property Profile on any domestic property, free of charge," said Laurie Keenan, president, Prudential Real Estate Affiliates, Inc. "Of course, you can also search more than 3.5 million listings and reach out to your nearest Prudential Real Estate affiliate for the consultation and services you need to complete prudent real estate transactions.
"Our message is a simple one," Keenan continued. "Real estate consumers can find everything they need at one address, prudential.com."
Advertisements, which premiered today on ABC’s Good Morning America, will run in prime time on network television stations, and during ABC’s streaming broadcasts online. The campaign also will include print and online display/banner advertising.
Prudential Real Estate and Relocation Services, Inc. is Prudential’s integrated real estate brokerage franchise and relocation services business. Prudential Real Estate franchises are independently owned and operated. Companies are selected based upon outstanding performance records, high levels of customer service and shared business values with those of Prudential. Prudential Real Estate provides franchises with business strategies using Operation Reviews as well as numerous benefits, including access to Prudential
(more) Pag e 2
Real Estate’s Online Seller AdvantageSM program designed to provide real-time information to sellers with the touch of a keystroke. Prudential Real Estate is one of the largest real estate brokerage franchise networks in North America, with more than 2,100 franchise offices and approximately 64,000 sales professionals in the franchise Network as of March 31, 2008.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $631 billion of assets under management as of March 31, 2008, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping approximately 50 million individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit www.prudential.com.
Wednesday, June 4, 2008
Sales Meeting - 06/05/08
Agents:
Please don't forget to bring something for our adopted soldiers to the meeting tomorrow
I will be mailing a package this week. Remember it is 110 in Iraq, and no refrigaration.
Magazines, chips, instant oatmeal, ramen, popcorn, chips in a can, cookies well wraped
in bubble wrap, pre sweetened containers of coolaid,tea etc.
Thanks a million for doing your part. Ramona
Please don't forget to bring something for our adopted soldiers to the meeting tomorrow
I will be mailing a package this week. Remember it is 110 in Iraq, and no refrigaration.
Magazines, chips, instant oatmeal, ramen, popcorn, chips in a can, cookies well wraped
in bubble wrap, pre sweetened containers of coolaid,tea etc.
Thanks a million for doing your part. Ramona
Wednesday, May 28, 2008
Wednesday, April 23, 2008
Platform Training
I would encourage everyone to take advantage of the free use of the Online Advantage platform and Sellers Online Advantage. You can literally manage many hundreds of leads and prospects easily and effectively. I can show you how to use the program in such a way that if you follow the process - you will never lose track of a client and you will maximize your opportunities for earning their future business and getting referrals. Whoever wants to learn how to use the Platform, please let me know. Hey, if you just want to see the platform in action before you decide whether to use it or not - I am available and would be happy to show you how this now free system can help you manage your leads effectively. You then can decide whether you want to learn to use it or not.
Bernie
Bernie
Sales Meeting Reminder
Sales meetings are now held on the first and third Thursday of each month. We are encouraging everyone to make a point of attending these meetings and attending previews. Anyone having a home previewed would like a high attendance of agents to both impress their owners but to also provide feedback and improve their chances of selling the home.
Thanks for your consideration,
Bernie
Thanks for your consideration,
Bernie
Monday, April 21, 2008
E-Team Announcement
Great News! The platform is now available for everyone and Prudential has eliminated the $55.00 a month charge and eliminated the technology fee and there will be no ongoing payment for repeat business on platform registrants. Additionally, the referral fee has been reduced and we will now be charging only a 15% referral fee on E-Team business. Basically, the referral fee is cut in half effective for all business pended after April 15th.
Thursday, April 17, 2008
Wednesday, April 9, 2008
Duty Room
Just a reminder - this (like the other common area and equipment) area should be left in the same condition you got. Twice a week, our offices are professionally cleaned. The rest of the time, we need to keep it clean. Please dispose of coffee cups, printouts and so on. If you have left coffee stains and food debris in the room, please clean it up.
Thanks,
Bernie
Thanks,
Bernie
Tuesday, April 8, 2008
Free Home Town Guide
We have been asked to distribute a very nifty mapbook of San Antonio that is a wonderful tool for you to give out to your buyers new to our city. It is called the Home Town Guide – has our name on the front cover and we have put 3 copies of the book in each agent’s fax box in the reception area. If you need more just let us know
Thank you
Bob
Thank you
Bob
Monday, March 31, 2008
Fingerprinting Location Update
According to IBT, two fingerprinting locations in the San Antonio area will be closed by the end of March. These locations are:
Closing at the end of March* CS innovative Insurance Solutions located on 9842 Lorene Lane, San Antonio, TX* Pathways Youth and Family Services located at 4243 E. Piedras, San Antonio, TX
Remaining OpenThe location at 1314 Hines St will remain open. (You can continue scheduling appointments online at www.ibtfingerprint.com and by phone for this location)
Another location that has opened for fingerprinting that is not listed on the IBT Web site is:6800 Park Ten Blvd, San Antonio TX 78213 near Vance Jackson and I-10. To schedule an appointment here, you must call IBT at 1-888-467-2080. You will not find this location on IBT's Web site at this time.
Closing at the end of March* CS innovative Insurance Solutions located on 9842 Lorene Lane, San Antonio, TX* Pathways Youth and Family Services located at 4243 E. Piedras, San Antonio, TX
Remaining OpenThe location at 1314 Hines St will remain open. (You can continue scheduling appointments online at www.ibtfingerprint.com and by phone for this location)
Another location that has opened for fingerprinting that is not listed on the IBT Web site is:6800 Park Ten Blvd, San Antonio TX 78213 near Vance Jackson and I-10. To schedule an appointment here, you must call IBT at 1-888-467-2080. You will not find this location on IBT's Web site at this time.
Fingerprinting Location Update
According to IBT, two fingerprinting locations in the San Antonio area will be closed by the end of March. These locations are:
Closing at the end of March* CS innovative Insurance Solutions located on 9842 Lorene Lane, San Antonio, TX* Pathways Youth and Family Services located at 4243 E. Piedras, San Antonio, TX
Remaining OpenThe location at 1314 Hines St will remain open. (You can continue scheduling appointments online at www.ibtfingerprint.com and by phone for this location)
Another location that has opened for fingerprinting that is not listed on the IBT Web site is:6800 Park Ten Blvd, San Antonio TX 78213 near Vance Jackson and I-10. To schedule an appointment here, you must call IBT at 1-888-467-2080. You will not find this location on IBT's Web site at this time.
Closing at the end of March* CS innovative Insurance Solutions located on 9842 Lorene Lane, San Antonio, TX* Pathways Youth and Family Services located at 4243 E. Piedras, San Antonio, TX
Remaining OpenThe location at 1314 Hines St will remain open. (You can continue scheduling appointments online at www.ibtfingerprint.com and by phone for this location)
Another location that has opened for fingerprinting that is not listed on the IBT Web site is:6800 Park Ten Blvd, San Antonio TX 78213 near Vance Jackson and I-10. To schedule an appointment here, you must call IBT at 1-888-467-2080. You will not find this location on IBT's Web site at this time.
Tuesday, March 25, 2008
No Sales Meeting this Thursday
Just a reminder, we will not have a sales meeting this Thursday, March 27th.
Internet Advantages announced at Sales Convention
New Inline Marketing Strategy Announced at Sales Convention
During the 2008 Sales Convention, Prudential Real Estate President Laurie Keenan applauded Network members for their progress during this challenging market. She outlined the new inline marketing strategy and Web alliances designed to capitalize on ever-growing consumer traffic on the Web. Among them are marketing and advertising agreements with Trulia, FrontDoor.com and OpenHouse.com.
She said, "We're launching several fantastic new opportunities to drive immense consumer traffic to prudential.com, to promote the Prudential brand as a trusted source for real estate information and to generate consumer traffic for all of the Prudential Real estate listings and affiliates."
She also announced that effective at the end of April, the Online Seller Advantage will be universally available to all Prudential Real Estate sales professionals at no subscription charge. John Van Der Wall, CEO and chairman of Prudential Real Estate and Relocation Services, also took the stage during Sales Convention where he acknowledged current challenges in the economy and the real estate market, and pointed to several factors that likely will bring stability to real estate. He cited long-term demographic trends that should drive real estate for years to come.
During the 2008 Sales Convention, Prudential Real Estate President Laurie Keenan applauded Network members for their progress during this challenging market. She outlined the new inline marketing strategy and Web alliances designed to capitalize on ever-growing consumer traffic on the Web. Among them are marketing and advertising agreements with Trulia, FrontDoor.com and OpenHouse.com.
She said, "We're launching several fantastic new opportunities to drive immense consumer traffic to prudential.com, to promote the Prudential brand as a trusted source for real estate information and to generate consumer traffic for all of the Prudential Real estate listings and affiliates."
She also announced that effective at the end of April, the Online Seller Advantage will be universally available to all Prudential Real Estate sales professionals at no subscription charge. John Van Der Wall, CEO and chairman of Prudential Real Estate and Relocation Services, also took the stage during Sales Convention where he acknowledged current challenges in the economy and the real estate market, and pointed to several factors that likely will bring stability to real estate. He cited long-term demographic trends that should drive real estate for years to come.
Friday, February 29, 2008
April deadline to exempt your vehicle from tax
Don't ignore April deadlines to exempt your vehicle from taxation
Thanks to last year's amendment to the Texas Constitution, you aren't required to pay tax on any personally owned vehicle that is also used for business purposes. However, you may need to file an annual exemption form in order to avoid this tax.
Do I have to file an exemption?If you were taxed on your vehicle in 2007, you must file an exemption form to receive a rebate. If you’ve never received a tax bill for your vehicle, you may receive one for 2008 if you don’t file an exemption. Protect yourself from a tax you don’t have to pay: File an annual exemption.
How do I get an exemption? Contact your local appraisal district to see what its requirements are; a list of county appraisal districts with each district's contact information is available online. Some appraisal districts have created separate forms for 2007 and 2008 exemptions, while others are using the form published by the Texas comptroller's office (PDF). Use whatever form your local appraisal office requires.
What are the deadlines?Your exemption for 2007 must be filed by April 1; your 2008 exemption is due April 30. The annual deadline thereafter will be April 30.
What if my appraisal office doesn't have a form?If your local appraisal office fails to provide clear directions on how to exempt yourself from mixed-used vehicle taxation, the Texas Association of REALTORS® recommends that you file an exemption with your local appraisal district using the form published by the Texas comptroller's office (PDF).
What if I lease my vehicle?The exemption applies only to personally owned vehicles. Leasing companies owe the tax for leased vehicles. However, they may pass on the tax to you unless you have filed an affidavit (PDF) with the leasing company stating you use the vehicle for personal use 50% or more of the time.
Thanks to last year's amendment to the Texas Constitution, you aren't required to pay tax on any personally owned vehicle that is also used for business purposes. However, you may need to file an annual exemption form in order to avoid this tax.
Do I have to file an exemption?If you were taxed on your vehicle in 2007, you must file an exemption form to receive a rebate. If you’ve never received a tax bill for your vehicle, you may receive one for 2008 if you don’t file an exemption. Protect yourself from a tax you don’t have to pay: File an annual exemption.
How do I get an exemption? Contact your local appraisal district to see what its requirements are; a list of county appraisal districts with each district's contact information is available online. Some appraisal districts have created separate forms for 2007 and 2008 exemptions, while others are using the form published by the Texas comptroller's office (PDF). Use whatever form your local appraisal office requires.
What are the deadlines?Your exemption for 2007 must be filed by April 1; your 2008 exemption is due April 30. The annual deadline thereafter will be April 30.
What if my appraisal office doesn't have a form?If your local appraisal office fails to provide clear directions on how to exempt yourself from mixed-used vehicle taxation, the Texas Association of REALTORS® recommends that you file an exemption with your local appraisal district using the form published by the Texas comptroller's office (PDF).
What if I lease my vehicle?The exemption applies only to personally owned vehicles. Leasing companies owe the tax for leased vehicles. However, they may pass on the tax to you unless you have filed an affidavit (PDF) with the leasing company stating you use the vehicle for personal use 50% or more of the time.
Wednesday, February 27, 2008
March 5th Training
Please keep the date of 5 March at 10 AM open for a good training session with Pam O’bryant on financing the Purchase.
A good learning for our newer agents and a good refresher for those of us who have been around awhile.
10 AM Next Wednesday.
Thank you
Bob
A good learning for our newer agents and a good refresher for those of us who have been around awhile.
10 AM Next Wednesday.
Thank you
Bob
Tuesday, February 26, 2008
Prudential Update - click link for video
Attached please find your link to our fourth edition of "PruConnect," our video magazine spotlighting some of the latest information, tools and resources coming from PREA.
I’m especially excited about this "PruConnect" installment, as it provides the latest on our Yahoo! agreement, our advertising in "The Wall Street Journal" and our evolving postcard program. It also discusses our growing Web partnerships, and hints at some pivotal announcements I will make next month at Sales Convention relating to our new interactive marketing and online advertising. Our plans are big and bold, and will help transition our company to become the most progressive, interactive marketing resource for residential real estate. Sales Convention registration closes at 11:59 p.m. Thursday, Feb. 28 so register today if you haven't already.
Click here and enjoy the show! http://preanews.com/ve/ZZys2892Cx92u98j311
I’m especially excited about this "PruConnect" installment, as it provides the latest on our Yahoo! agreement, our advertising in "The Wall Street Journal" and our evolving postcard program. It also discusses our growing Web partnerships, and hints at some pivotal announcements I will make next month at Sales Convention relating to our new interactive marketing and online advertising. Our plans are big and bold, and will help transition our company to become the most progressive, interactive marketing resource for residential real estate. Sales Convention registration closes at 11:59 p.m. Thursday, Feb. 28 so register today if you haven't already.
Click here and enjoy the show! http://preanews.com/ve/ZZys2892Cx92u98j311
Thursday, February 14, 2008
Sales/Listing and Agent of the Year Jeanne Desha
Congratulations to Jeanne Desha on again sweeping our top awards at our annual awards breakfast on Valentines Day.
Tuesday, February 5, 2008
Word, Excel and Powerpoint online access
GOOGLE DOCS
5 February 2008
Google Docs is an online replacement for word processor (like MS Word), spreadsheet (like MS Excel) and Presentation software (like MS PowerPoint). It stores everything, on an offline server so you never need to worry about backing up your hard drive so as not to lose these files. The real advantage of this system is that we can share any and all documents that we generate with all staff and associates as desired. To use the system, please follow the below procedure to access the company's Google Documents website:
Type in the following link: http://docs.donjohnsoncompany.com and save as a bookmark or desktop icon once in the site. To save as an icon on your personal computers, click on "file", "send" "shortcut to desktop" There will be an icon on all company computers that says "Google Docs PDJC".
From this screen you need to sign into the site: Your sign on name is your first name and your initial password is "password" without the quotation marks.
You now see the main screen from which you will prepare a new document, spreadsheet or presentation. You can use these for presentations to your clients, to make fliers, any number of pieces for you business all at no cost to you as the sales associate or staff member.
To begin, simply click on your folder (there is a folder for each staff member and Sales Associate) then click on the word "New" at the top left and it gives you the option of whether you want a document, spreadsheet or presentation; click on whichever and begin your work.
Please see Bernie or Bob for any additional help needed should your exploring only frustrate you!
This system will replace the current MS Office system we have now on the computers as Microsoft discontinues updating and supporting the version of Office we currently have on our computers.
Good luck and we look for this to be a very productive tool for all of us.
Bob
5 February 2008
Google Docs is an online replacement for word processor (like MS Word), spreadsheet (like MS Excel) and Presentation software (like MS PowerPoint). It stores everything, on an offline server so you never need to worry about backing up your hard drive so as not to lose these files. The real advantage of this system is that we can share any and all documents that we generate with all staff and associates as desired. To use the system, please follow the below procedure to access the company's Google Documents website:
Type in the following link: http://docs.donjohnsoncompany.com and save as a bookmark or desktop icon once in the site. To save as an icon on your personal computers, click on "file", "send" "shortcut to desktop" There will be an icon on all company computers that says "Google Docs PDJC".
From this screen you need to sign into the site: Your sign on name is your first name and your initial password is "password" without the quotation marks.
You now see the main screen from which you will prepare a new document, spreadsheet or presentation. You can use these for presentations to your clients, to make fliers, any number of pieces for you business all at no cost to you as the sales associate or staff member.
To begin, simply click on your folder (there is a folder for each staff member and Sales Associate) then click on the word "New" at the top left and it gives you the option of whether you want a document, spreadsheet or presentation; click on whichever and begin your work.
Please see Bernie or Bob for any additional help needed should your exploring only frustrate you!
This system will replace the current MS Office system we have now on the computers as Microsoft discontinues updating and supporting the version of Office we currently have on our computers.
Good luck and we look for this to be a very productive tool for all of us.
Bob
Wednesday, January 23, 2008
Class on Title Commitments
Please put on your calendars that we will have a class on Title Commitments and how to read them and what we as agents need to do with them. Class will be at 10 AM in our training room on February 6, a Wednesday. Texas Title Company will lead the instruction. We would like to see everyone who either questions what the commitment does or what responsibility we have in the process attend this class.
thank you very much,
Bob
thank you very much,
Bob
SA Military Major Expansion Construction
BRAC projects to increase S.A. military construction tenfold(Public Facilities : San Antonio) 1/16/2008
The U.S. Army Corps of Engineers is ready to bid out local projects set in motion as a result of the 2005 Base Realignment and Closure decision. The Corps will award 12 to 15 projects, for a total of $1 billion in construction, as part of the BRAC action during fiscal year 2008. The average yearly amount of military construction in San Antonio is between $65 million and $100 million. The BRAC construction will increase that tenfold. The BRAC action encompasses about 78 new and renovated primary facilities, which will total about 6 million sf and entail more than $2 billion in construction-related spending. The facilities will be located at Fort Sam Houston, Camp Bullis, Lackland Air Force Base and Randolph Air Force Base. The construction for all the projects is scheduled to be completed by September 2011. The main projects taking place in San Antonio will be the renovation of Brooke Army Medical Center (BAMC) to handle all in-patient hospital care and civilian trauma care and the conversion of Wilford Hall Medical Center into an ambulatory care clinic that will focus on outpatient care. Additions to BAMC will include a tower to house emergency rooms, operating room and clinical and administrative space. An additional 250,000 sf of the hospital will be renovated. Brooke Army Medical Center will be renamed the San Antonio Military Medical Center North, and Wilford Hall Medical Center will be renamed the San Antonio Military Medical Center South. Another large piece of the BRAC puzzle includes the consolidation of all medical training programs for all military branches to Fort Sam Houston. That will involve the construction of the Medical Education and Training Campus which will include 2 million sf of dorms, classrooms, labs, training areas and dining facilities to accommodate an average daily student enrollment of more than 9,000. (Reprinted from 12/21/2007)[San Antonio Business Journal]
The U.S. Army Corps of Engineers is ready to bid out local projects set in motion as a result of the 2005 Base Realignment and Closure decision. The Corps will award 12 to 15 projects, for a total of $1 billion in construction, as part of the BRAC action during fiscal year 2008. The average yearly amount of military construction in San Antonio is between $65 million and $100 million. The BRAC construction will increase that tenfold. The BRAC action encompasses about 78 new and renovated primary facilities, which will total about 6 million sf and entail more than $2 billion in construction-related spending. The facilities will be located at Fort Sam Houston, Camp Bullis, Lackland Air Force Base and Randolph Air Force Base. The construction for all the projects is scheduled to be completed by September 2011. The main projects taking place in San Antonio will be the renovation of Brooke Army Medical Center (BAMC) to handle all in-patient hospital care and civilian trauma care and the conversion of Wilford Hall Medical Center into an ambulatory care clinic that will focus on outpatient care. Additions to BAMC will include a tower to house emergency rooms, operating room and clinical and administrative space. An additional 250,000 sf of the hospital will be renovated. Brooke Army Medical Center will be renamed the San Antonio Military Medical Center North, and Wilford Hall Medical Center will be renamed the San Antonio Military Medical Center South. Another large piece of the BRAC puzzle includes the consolidation of all medical training programs for all military branches to Fort Sam Houston. That will involve the construction of the Medical Education and Training Campus which will include 2 million sf of dorms, classrooms, labs, training areas and dining facilities to accommodate an average daily student enrollment of more than 9,000. (Reprinted from 12/21/2007)[San Antonio Business Journal]
SA Population Growth increases infrastructure demands
S.A. population growth fills area roads, spurring expansion(Demographics : San Antonio) 1/17/2008
Population growth and the extension of residential development to the north, northeast, west and northwest of San Antonio have brought increased need for educational, retail and medical facility construction and expansion in these areas. Hill Country corridors along IH-10W and Highway 281 North are each seeing nearly 120,000 vehicles per day. San Antonio's far west side population off the area's IH-410 West/Highway 151 and Culebra/Potranco roads is now growing at record pace. These thoroughfares, stemming across the western section of the city, serve surging commuter traffic. Source: Cal Ivey, vice president of San Antonio-based Dominion Advisory Group, Inc.[Texas Real Estate Business]
Population growth and the extension of residential development to the north, northeast, west and northwest of San Antonio have brought increased need for educational, retail and medical facility construction and expansion in these areas. Hill Country corridors along IH-10W and Highway 281 North are each seeing nearly 120,000 vehicles per day. San Antonio's far west side population off the area's IH-410 West/Highway 151 and Culebra/Potranco roads is now growing at record pace. These thoroughfares, stemming across the western section of the city, serve surging commuter traffic. Source: Cal Ivey, vice president of San Antonio-based Dominion Advisory Group, Inc.[Texas Real Estate Business]
Friday, January 18, 2008
Third Party Financing Addendum-IMPORTANT
The new Third Party Financing Condition Addendum
by Ron Walker
On Feb. 9, 2004, the Texas Real Estate Commission promulgated the new Third Party Financing Condition Addendum. The most significant change in the addendum lies in the last few lines of the first paragraph of the form.
Under the prior version of the form, if the buyer did not obtain financing approval within the time required, the contract simply terminated. Under the revised form, the buyer must, within the time specified, give written notice to the seller that the buyer is not able to obtain financing approval in order for the contract to terminate and for the buyer to receive a return of the earnest money.If the buyer does not give the notice within the time required, the contract is no longer subject to the financing contingency described in the addendum. This means that the buyer will breach the contract if:
• The buyer does not give timely notice of termination under the addendum;
• The buyer is not able to secure financing approval; and • The buyer does not close as required by the contract. The buyer takes the risk if he is not confident he has obtained financing approval and does not send the termination notice under the addendum in a timely manner.The term financing approval did not change from the prior form. Financing approval occurs when the buyer has satisfied the lender’s requirements related to the buyer’s ability to borrow the money (e.g., creditworthiness, credit history, income, assets).Financing approval and loan approval are not synonymous. Loan approval is the unequivocal statement by the lender that the lender will fund the loan. Two major elements must be satisfied before the lender will typically give loan approval:
• Approval of the borrower, which is financing approval under the addendum; and
• Approval of the collateral, which is the property satisfying the lender’s requirements. The contingency in the Third Party Financing Condition Addendum deals only with financing approval.With respect to approval of the collateral, paragraph 4 of the TREC contract forms provides that the contract is subject to the property satisfying the lender’s requirements. The contingency that the property satisfies the lender’s requirements applies regardless of whether there is a financing contingency.It is critical for the buyer to obtain financing approval within the time required under the addendum. Another way to refer to financing approval is to be conditionally approved for the loan. Conditionally approved means that the lender has stated that the buyer is approved for the loan subject only to the property meeting the lender’s underwriting requirements (for example, appraisal and survey). To be confident that the buyer has obtained financing approval under the addendum, the buyer may ask the lender to provide the buyer with the Conditional Approval letter promulgated by the Texas Savings and Loan Department. Mortgage brokers are required to use this letter under TSLD regulations. Copies of the Conditional Approval and Conditional Qualification letters that mortgage brokers must use are available on TexasRealtors.com.Time is of the essence with respect to the addendum. Strict compliance with the specified time period is required. Buyers and buyer’s agents will want to “watch the clock” with respect to this addendum. It may be necessary to request an amendment that extends the time under the addendum if the buyer cannot obtain assurance of financing approval from his lender.
Ron Walker is director of legal affairs for the Texas Association of REALTORS®.
by Ron Walker
On Feb. 9, 2004, the Texas Real Estate Commission promulgated the new Third Party Financing Condition Addendum. The most significant change in the addendum lies in the last few lines of the first paragraph of the form.
Under the prior version of the form, if the buyer did not obtain financing approval within the time required, the contract simply terminated. Under the revised form, the buyer must, within the time specified, give written notice to the seller that the buyer is not able to obtain financing approval in order for the contract to terminate and for the buyer to receive a return of the earnest money.If the buyer does not give the notice within the time required, the contract is no longer subject to the financing contingency described in the addendum. This means that the buyer will breach the contract if:
• The buyer does not give timely notice of termination under the addendum;
• The buyer is not able to secure financing approval; and • The buyer does not close as required by the contract. The buyer takes the risk if he is not confident he has obtained financing approval and does not send the termination notice under the addendum in a timely manner.The term financing approval did not change from the prior form. Financing approval occurs when the buyer has satisfied the lender’s requirements related to the buyer’s ability to borrow the money (e.g., creditworthiness, credit history, income, assets).Financing approval and loan approval are not synonymous. Loan approval is the unequivocal statement by the lender that the lender will fund the loan. Two major elements must be satisfied before the lender will typically give loan approval:
• Approval of the borrower, which is financing approval under the addendum; and
• Approval of the collateral, which is the property satisfying the lender’s requirements. The contingency in the Third Party Financing Condition Addendum deals only with financing approval.With respect to approval of the collateral, paragraph 4 of the TREC contract forms provides that the contract is subject to the property satisfying the lender’s requirements. The contingency that the property satisfies the lender’s requirements applies regardless of whether there is a financing contingency.It is critical for the buyer to obtain financing approval within the time required under the addendum. Another way to refer to financing approval is to be conditionally approved for the loan. Conditionally approved means that the lender has stated that the buyer is approved for the loan subject only to the property meeting the lender’s underwriting requirements (for example, appraisal and survey). To be confident that the buyer has obtained financing approval under the addendum, the buyer may ask the lender to provide the buyer with the Conditional Approval letter promulgated by the Texas Savings and Loan Department. Mortgage brokers are required to use this letter under TSLD regulations. Copies of the Conditional Approval and Conditional Qualification letters that mortgage brokers must use are available on TexasRealtors.com.Time is of the essence with respect to the addendum. Strict compliance with the specified time period is required. Buyers and buyer’s agents will want to “watch the clock” with respect to this addendum. It may be necessary to request an amendment that extends the time under the addendum if the buyer cannot obtain assurance of financing approval from his lender.
Ron Walker is director of legal affairs for the Texas Association of REALTORS®.
Monday, January 14, 2008
Note from Open House Show Producer
Dear Advertiser,
Congratulations! According to HousingPredictor.com, San Antonio's real estate values are forecast to appreciate 3.9% in 2008, and San Antonio is ranked in the top 20 real estate markets nationwide! We at The Open House Show wish you a prosperous new year!
In our effort to improve our product for your success, The Open House Show has begun airing 30 second commercials on KABB to advertise the show. I've attached a QuickTime version of the ad so that you can see it.
You have also been receiving clips of your homes! As a new, free service, we will e-mail you a clip of each new home you submit. Simply drag it to your desktop and use it to e-mail to clients or post on Realtor.com.
Even though the Holidays is a "slow" time for real estate, TheOpenHouseShow.com still received 27,258 unique visitors since December 1st. Our Nielsen Ratings continue to be strong.
Ultimately, The Open House Show is a listing tool. Please remember we have sign riders, listing flyers, and other artwork available to download free to use in your presentations. Click here: http://theopenhouseshow.com/San_Antonio/artwork.php
Thank you for advertising with us. Feel free to call me, Amy, or Jaime at any time for any reason.
Robert Bettes
cell 915.474.3188
Congratulations! According to HousingPredictor.com, San Antonio's real estate values are forecast to appreciate 3.9% in 2008, and San Antonio is ranked in the top 20 real estate markets nationwide! We at The Open House Show wish you a prosperous new year!
In our effort to improve our product for your success, The Open House Show has begun airing 30 second commercials on KABB to advertise the show. I've attached a QuickTime version of the ad so that you can see it.
You have also been receiving clips of your homes! As a new, free service, we will e-mail you a clip of each new home you submit. Simply drag it to your desktop and use it to e-mail to clients or post on Realtor.com.
Even though the Holidays is a "slow" time for real estate, TheOpenHouseShow.com still received 27,258 unique visitors since December 1st. Our Nielsen Ratings continue to be strong.
Ultimately, The Open House Show is a listing tool. Please remember we have sign riders, listing flyers, and other artwork available to download free to use in your presentations. Click here: http://theopenhouseshow.com/San_Antonio/artwork.php
Thank you for advertising with us. Feel free to call me, Amy, or Jaime at any time for any reason.
Robert Bettes
cell 915.474.3188
Tuesday, January 8, 2008
Online Search Activity has increased over 30% in the past week
Online search activity has spiked by over 30% in the last week. San Antonio's strong economy and the solid value building market of existing homes is attracting outside investors and local purchasers.
Existing home sale prices increased for 2007
New home starts have substantially declined over the past year - recognizing that builders have been overbuilding and reflecting a decline in the sub-prime mortgage market. However, existing home sales have remained strong and prices actually increased - following a consistent trend of price increase for nearly a decade.
Here is a link to the Express-News story.
Here is a link to the Express-News story.
Wednesday, January 2, 2008
Happy New Year
I hope everyone had a great holiday season. I can see the activity already picking up with the phone calls and increased internet searching. It's a great time to call your past clients - you know - the folks that have used you and respect your skills. It's a great time to say "Happy New Year" (the reason for the call) and finish with "who do you know that is interested in buying or selling real estate?" If make 30-40 calls like that, I am certain you will pick up plenty of new business.
There will be no sales meeting tomorrow and we will have our first meeting of the year next week.
There will be no sales meeting tomorrow and we will have our first meeting of the year next week.
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