Fence Sitters, You’re Missing Out!

Posted on February 18, 2012. Filed under: Uncategorized | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |


Flickr photo by Nina Matthews Photography)

Yes, It IS the Right Time to Buy a House!  Whenever I think about this housing market, the expression “buyers sitting on a fence” comes to mind. In my mind I walk behind the folks with the dangling feet and … reach up, give them a hug and tell them it’s time to get off the fence and buy a home!

Right now is the perfect intersection of historically low prices and historically low mortgage rates. Add in the wide availability of homes ranging from bank-owned foreclosures to well-priced, seller-owned resales and the message to buyers is, “you can afford more home than ever.” But are potential buyers hearing this message or do they figure it’s just another Realtor® puff piece they heard for years before the meltdown?

It’s not for lack of WANTING to buy a home: a study by John Burns Real Estate Consulting released on Jan. 30 says 60 percent of consumers agree, “I do not want to rent the rest of my life,” and 59 percent say, “Ownership is what I strive for.” Our fence-sitters know that rental rates are soaring in many markets, so the prospect of paying a landlord forever is not attractive to them.

They also know mortgage interest payments are deductible on their income taxes. (However, they may think they must now pay 20 percent down to get into a home. You must educate them on that.)

No, buyers are clinging to the fence top because they fear losing their jobs … and then their homes. They’ve seen millions of homeowners thrown out on the street and they don’t want to commit to that path.

So while the Wall Street Journal is publishing great articles such as “Is Now the Right Time to Buy a House?”, you will still have to craft messages aimed both at buyers’ heads – and hearts – to coax them off that fence.

What to do?

First, if you are not already a subscriber to the Housing Trends eNewsletter, then sign up right now. It’s free, it’s branded and customizable, and it’s full of the facts today’s younger adults need to make a baby step toward homebuying. Send it to your e-mail list and post the link on your Facebook page. Make sure you utilize the Messages section to focus on your very-local market. And be real. They don’t care you’re a “Top Producer.”(Certainly, that matters, but remember, it’s “what’s in it for me”, that matters most for consumers.) They want to connect with you as a person who can help them with a decision that will change their life. Your message needs to be filled with “You”, “Yours”, and more “You”, not me, me, me…

Second, realize these younger potential buyers will need a step-by-step plan. Think of this as putting a mattress next to the fence so they can land safely! Understand they need a realistic appraisal of their job security and ALL the expenses it takes to buy – and keep – a home. If you are totally honest, you may have to tell them to wait. But your payoff will be huge: they will tell their friends you are honest, and that “street cred” is hard to get. Tara-Nicholle Nelson recently wrote a column for Inman News, “4 steps to buying a house in 2012.” Start with that information and add what you know these buyers need to know.

Most importantly, understand it will take more than your selling expertise to help these folks. It will take love and a lot of extra effort. They do not want to be “leads”; they do not want to be “sold”; they want to be your partners in this process.

Can you do it? Sure you can! Start with a hug …

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Please Do Not Disturb My Green Space

Posted on January 30, 2009. Filed under: Real Estate Housing Trends, News and Information | Tags: , , , , , , , , , |


Sometimes the hardest thing about working at home is getting uninterrupted time in

which to take care of business. Here are some five tips for setting up some boundaries to increase your productivity.
Make your office your office only. Don’t take your work into your home or bring your home into your office. Set yourself up for a block of time by preparing your coffee, water and snacks prior to going to the office. Remember to recycle coffee cup or water glass.
Schedule your office hours and stick to them. Publishing them on your website and advertisements keeps you on track. Make sure your friends and family know these hours and encourage them to support your success by honoring them. A “Do Not Disturb” sign for your office doorknob can be helpful as well. Designation specific work times eliminates leaving your office equipment plugged in and waiting energy.
Do not allow yourself to be interrupted by a doorbell. Pretend that you are not at home when a solicitor rings the bell and do not even check to see who it is unless you are expecting someone. Conserving your energy is important to your concentration.
Make a communication space at your front door so people can leave messages. A small box with a notepad and pen can work just fine. Use recycled paper.
Resist the temptation to take calls when the phone rings. Screen your calls on both your land line and cell phone if you use either for both personal and business purposes. Remember to unplug your cell phone charger when not in use.

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Go Green To Make Green

Posted on December 4, 2008. Filed under: Real Estate Housing Trends, News and Information | Tags: , , , , , , , , , , , , , , , , , , , |


 

As a long time crusader for going green, and a Frog, I try to stay a few hops a head of the real estate industry.  My thoughts on why I believe going green is a key survival strategy? 


Let me start be saying that I’m here in Houston where we are rooting for the Longhorns football team, currently #2 in the Big 12. Here’s a shoot out for my team…  Hook’em Horns!!!

 

Succeeding in an economic downturn is like the University of Texas being number 2; it just isn’t good enough. Going Green to Make Green is a new initiative FrogPond is launching in 2009 to help brokerages not only survive, but thrive. I’m pledging to teach everyone how to go green while going green with just a few easy steps.

 

1. With the economists predicting that 09 will not just tough, but a sluggish year, brokers need to attack rather than react to these market conditions. According to Steve Murray, Brokers should consider reducing office space by minimum of 50% and outsource all non-core staff services.Houston Buyers & Sellers, 85% of Sellers visited 1 time or less to brokers’ offices and 79% of Buyers visited 1 time or less to brokers’ offices.

In recent survey of Houston Buyers & Sellers, results showed an amazine 85% of Sellers visited brokers’ offices 1 or less times and 79% of Buyers visited brokers’ offices 1 or less times.

 

Today top agents have home offices with all the bells and whistles and realize selling in a tough economy requires extra effort, better planning, more control of your sales cycles and tenacity. The top 2% of all salespeople automatically turn up their activity a couple more notches when things get tough. By doing so, they’re the ones who’ll be standing tall when the economy turns around.

 

Characteristics of these agents are:

  • they are true competitors and hate to lose
  • they have been in this position before and learned what it takes to win in an economic turndown
  • they refuse loss of income
  • they will reinvent themselves

 

2. Office space once was about attracting agents. Today office space is about attracting consumers.

 

Smaller retail space can offer positive experiences like an expert coffee bar where consumers can go to get questions answered, MLS search stations which consumers use themselves in comfy chairs with agents nearby to answer questions only if needed by consumer, set up showing appointments by agents, and give guided walking tours around the neighborhoods on large plasma displays- no reception desk as gatekeepers to information, experience staying open in the evening for visitors to wander in after dinner for a warm homey experience of watching home movies, but of other peoples homes and imagining their new homey experiences in your listings.

 

 

3. I believe that Brokerage should strive to becomes a paperless office enivronment saving millions of trees. Did you know in this decade, it is projected that Americans will throw away over 4 and a half million tons of office paper and nearly 10 million tons of newspaper. Almost all of this material could be recycled.

 

Efax, email, and online transaction management systems save brokerages money and time by reducing paper and postage costs, being more efficient in managing transactions while saving talk time with customers and everyone involved in closing process.

 

Here’s my 5 second commercial: FrogPond Publisher is my brokerage software solution to easily create online magazines and newsletters enabling then to stay in contact with consumers, prospects and retain and recruit agents. It’s a cut and paste simple tool that anyone can use, we host and support and provide content, graphic designers and writers if needed.

 

For as little as $499 per month compared to the average open house ads space in Sunday’s newspaper you can have your branded platform of your news and information about your brokerage, agents and your communities with an added robust search engine, an online calendar, a poll with instant results to get  your consumers and agents opinions, news and information through article and press releases posts, online training, revenue generating advertising and self-promoting banners. Not only are you saving lots of money on printing and postage costs,  your making money on advertising and going green by saving trees.

 

4. Did you know Brokerages and agents can save 26% of energy bills by turning off leaking electricity resulting in being green by saving energy?

 

Turning off your computer system when not in use (nights and weekends at work; overnight at home) can reduce your energy consumption, decrease your monthly utility bill, extend the life of your equipment, and increase the security of your system – they all reduce your carbon footprint.   This includes computers, printers, cell phone charges, plus all digital equipment you don’t realize are in stand-by mode. Take the test of turning off the lights and see how many little red and blue lights still shine. It’s easy to correct if you plug all your office and computer equipment into surge protecting power strips that have one off and on switch. 

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