Posts Tagged ‘real estate’
wilmington nc real estate search
Coastal Carolina Properties is a full service real estate company on the coast of NC. We offer MLS searching, all area listings, investment opportunities and much more.
Common Mistakes in Pursuing Short Sales
Short sales are a huge portion of the market. With several sellers running into challenges from job loss to adjustable rate mortgages there are a number of homeowners in want of assistance and they do not know where to turn.
To succeed in these, home owners requires the right strategy and techniques and unfortunately several real estate agents make tragic mistakes that stop them from reaching the homeowners who need the most help.
Think about avoiding the following pitfalls when you are pursuing short sale homeowners.
1. No marketing message – A marketing message provides a seller prospect a clear and concise reason to pick up the phone and call you for help. Short sale homeowners are in a totally different place than most individuals and so they need a selling message that speaks to them. Most agents start targeting sellers with no thought of “why” a homeowner ought to call them. If you think someone should call you because you’re “honest” and “helpful” then you will not be getting any calls.
2. Not mailing enough – Sending 100 items of mail and then complaining that you just didn’t get any calls will not get you to the extent of taking 10 or 20 listings monthly. To require enough short sale listings it’s imperative to mail consistently and to enough people thus you can see if your mailings are working. Take into account sending no less than five hundred items and have a plan that spans a minimum of 6-12 different mail items for those 500 people. That can provide you an idea if your promotion is working.
3. Not sending a selection of mailings – Each market is totally different and sellers in your area may be additional responsive to postcards or letters, but you won’t know until you test. Looking for what your market can respond to needs sending both powerful postcards and letters. Track when you send every mail piece to find out where you can get the most important results.
4. Not having a dedicated website – Several agents send powerful direct mail and even have great pay per click campaigns with traffic being sent to a generic real estate site. This leads to lack luster results and most agents scratching their heads to find out what is going wrong. Take into account having a targeted website that speaks to the challenges of a short sale prospect.
5. Lack of follow up – Calling or emailing a prospect only once won’t cut it. Follow up ought to be consistent and automatic to confirm that you give prospects the best chance to reach you. As an example a straightforward email follow up ought to last a minimum of 45 days to get the foremost from your marketing.
When you’ll be able to avoid these prime mistakes you may give yourself the best opportunity to take short sales monthly. You will not be ready to avoid each mistake; but, simply knowing the above and putting an arrangement in action to get around them will keep you ahead of your competition and taking short sale listings quickly.
Another great article by Markham real Estate Click here to get your own unique version of this article with free reprint rights.
Thinking About A New Home? Take Advantage Of The Real Estate Bailout.
This is the perfect time to buy a new home. As part of the Real Estate Bailout, the government is offering tax credits of up to $8,000 for first time home buyers. $8,000 WOW! This something that has never been done before and probably will never be done again. You really need to take a look at this.
If you are a first time home buyer, and you sign a binding and written contract prior to April 30, 2010, you could qualify for a tax credit of up to $8,000. If you are single with income of less than $125,000 or married with income of less than $225,000 then you could qualify for this tax credit. This credit will not be renewed and it expires on April 30, 2010. You really need to take advantage of this. This is the best time in history to be in the real estate market.
Many people are reading this and thinking, I already have a home and so this doesn’t apply to me. Nothing could be farther from the truth. If you have lived in your current home for 5 of the past 8 years then it is possible that you could qualify for up to a $6,500 federal income tax credit. You won’t get a chance like this again.
There isn’t a lot of time left. You need to contact your tax professional or your local Coldwell Banker professional and take advantage of this once in a lifetime opportunity. So make the call you will be glad you did.
There is no place like home and home is Detroit!
Being someone who was born and raised in Detroit, I believe I can speak with authority on the city. I am currently retired military and can live anywhere I decide to live. There is something about living in the “D”.
The museums in Detroit are great. They provide a wide range of diversity that few cities can achieve. You see museums from the Museum of Contemporary Art to the Motown Historical Museum. You can go to the Charles H Wright Museum and the walk to the Detroit Science Center. There are 7 different museums near the downtown area.
Then if you want to look for a different type of entertainment, there are plenty of spectator sports. If professional sports are your thing, we have something all year around. The Lions, Pistons, Red Wings and Tigers will keep you hopping. Then there are the universities of Michigan State and University of Michigan. Not to mention all the local high school, junior high and recreational leagues that provide year around entertainment.
Something that only true Detroit natives will know is the Detroit style Coney Island dog. A Coney Dog that has Detroit style chili, fresh chopped onions and yellow mustard. There is nothing like it. Restaurants Lafayette Coney Island and All American Coney Island make a dog that just can’t be beat.
Then there are the festivals. Detroit has festivals at the Heart Plaza. Ethnic festivals are part of who we are. There are the music festivals like the Motor City Blues Festival and the Monterey Jazz Festival to name a couple. The Harvest Beer Festival is another that is a blast..
Detroit has gone through some bad times. Many people have decided to leave Detroit for “greener” pastures. This is their loss and your gain. Detroit is a great place to work and live. The prices for real estate have never been cheaper. I can tell you I live here by choice and would never live anywhere else.

