Minneapolis Saint Paul Real Estate

 of Minnesota.  GUIDE TO SUCCESSFUL, SAFE AND PROFITABLE HOMEBUYING!!!

HERE OF SOME CATEGORIES TO START WITH:

1. Use a Buyer's Agent who offers a Guarantee!!!   (WE'LL GUARANTEE 2% SAVINGS ON YOUR REAL ESTATE PURCHASE IN MINNESOTA OR YOU'LL RECEIVE THE DIFFERENCE IN A CASH BONUS AFTER CLOSING UP TO $10,000 PER PURCHASE.  GUARANTEED!!!
2. Why You Should Not Make Any Major Credit Purchases
3. Getting a Legitimate Lender and Getting Pre-Approved
4. Build a Plan of Action and Get Ready

CALL FOR DETAILS: 

__________________________________________________________________________________________________________

Contact Frank D'Angelo, Broker, Sellers Residential Specialist. Licensed Broker in the State of Minnesota at (763) 548 1444 to list your property for sale or to purchase a property in Blaine, Fridley, Spring Lake Park, Coon Rapids, Centennial, Lino Lakes, Ham Lake, Andover, Champlin, Brooklyn Park, Minneapolis, St. Paul metro Minnesota.                           

   We Are Accepting ReferralsVisit our profile to find out more about our services. Call us today at (763) 548 1444. Contact us by email if you prefer by clicking on email me on the right side of this page under our profile.

© Regional MLS of Minnesota 2008. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than EXIT REALTY EXECUTIVES are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items

 Forward to a Friend who can utilize this

"Offering Minneapolis & St. Paul Home Buyers and Sellers the Highest and Best Marketing and Wealth Building Options in the Industry"
We'll SELL YOUR PROPERTY WITHIN 39 DAYS or we'll Guarantee you up to $10,000 CASH BONUS back after closing.
+

We also GUARANTEE our Buyers up to 2% Savings OFF List Price or they will receive the difference as a CASH BACK BONUS also after closing. That's Clout & Out-of-the Box Thinking

Call for details: (763)548-1444
REAL ESTATE RE-INVENTED!!! Featured Homes, Lofts, Condos, Hobby Farms, & Land around the 9 County metro area. Bookmark this Site
TEAM D'ANGELO
EXIT Realty Executives
10710 Blaine Town Square Dr., NE
Suite #200
Blaine, MN 55449

(763)548-1444 Call for details

 

Developing Wealth by Servicing Orphaned Buyers and Sellers

Aren't you glad the market is what it is?  Let's look at the marketplace from a competitive standpoint from this moment on.  At the beginning of the new year, we discovered that approximately one-third of all licensed agents did not renew with their respective boards/associations.  It would be safe to say the many more are on the bubble and/or not really in the business of helping people with their real estate needs. 

For the past seven years the market appreciation rates have literally rocketed to the top right hand corner of the charts.  It would be normal for most historical and/or practical people to assume the real estate market would NOT continue to rocket to the top right hand corner.  It's easy to say today from a retrospective point of view isn't it?  Likewise it's impossible to determine which way the market place will be heading.  Typically, in a down market and/or buyers market, people hedge on movement.  Typically in an up market and/or sellers market, people panic and move.  Go Figure!  LETS BUY HIGH AND SELL HIGH!!! (SEE BUILDING WEALTH IN REAL ESTATE)

Regardless, my mission here is to have each and every real estate agent plugging along in this market place consider this simple prospecting strategy.  During a hot Sellers Market and still during this Buyer Market, it would be safe to say that the vast majority of agents in the industry are Transactional Agents.  In other words, finding people who are moving soon and helping them.  There is nothing wrong with that strategy, however many of the consumers today literally feel unattached to their previous real estate agents because of the orphaned feeling they may have experienced from their previous ‘Transactional Experience'.  Slam, bang, thank you for your real estate business, call me when you're planning on moving again!!!

All along their homeownership experience, the consumer really does second guess the transaction, followed by a sequential list of neighborhood experiences (sold, expired and/or cancelled listings) that supplement their second-guess decision to invest in their home.  If their ‘Transactional Agent' orphaned them after closing, their abilities to feel loyal and/or trusting dwindled significantly over time.  Having said that, it would be safe to assume that with the high agent turn over rates and poor retention rates, many of the buyers and sellers have literally been orphaned after closing.

Consider this!  Take a moment to review associates who are no longer in the industry and/or no longer with their brokerage.  If they have made a change, they decided to either move onto bigger and better things or decided to down-scale the operation with less over-head and/or liability.  Either way, I'm confident you can think of several associates who have either left the industry and/or are working at other jobs.  I know of a relatively lengthy list of New Construction Specialists who only focused on New Construction for the past 10 years.  Many of those who are now struggling and were clearly ‘Transactional Agents' who did the deal and didn't follow up to service their former clients.  Virtually all of the ‘Orphaned Clients' are in need of some type of real estate services, including:  mortgage check ups, market place conditions, re-sale information, the cost of borrowing money, current trends, neighborhood statistics etc.

Here is the tip and/or strategy to consider.  Identify the associates who did the new construction deals a few years ago.   Determine which are relatively inactive today, assume those inactive agents are not servicing their previous buyers and sellers and adopt those buyers and sellers that live in your pre-chosen area of influence (farm). 

Recently, I went on a listing presentation of a four year old home in a very affluent neighborhood.  When I pulled up the original sale, I discovered that the listing agent who averaged 30 Million in annual sales was no longer active on our local MLS.  It absolutely blew me away, particularly when this former agent (now bartender) was perceived to be the superstar agent selling one home per day on average.  How can and agent go from thousands of sales to zero in two years?  The answer is simple:  Transactional vs Experiential.  What if that perceived superstar simply followed up and maintained contact, support and services with only 10% of their previous sphere?  Would he be slinging beer today?  Assume this to be normal, utilize the mls search parameters to determine the names, addresses and/or phone numbers of the orphaned buyers and sellers of these former new construction superstars.  If you're not sure how to search your local matrix on this strategy, call me. 

If you're not sure what to do with these orphaned buyers and sellers?  Call them or mail them and ask them what they need.  It's that simple.

Hope this finds you well.  Comments are appreciated. 

Also, if you're interested in building a book of business with soon to be orphaned Bank Owned REO's and Short sales, click here

__________________________________________________________________________________________________________

Contact Frank D'Angelo, Broker, Sellers Residential Specialist. Licensed Broker in the State of Minnesota at (763) 548 1444 to list your property for sale or to purchase a property in Blaine, Fridley, Spring Lake Park, Coon Rapids, Centennial, Lino Lakes, Ham Lake, Andover, Champlin, Brooklyn Park, Minneapolis, St. Paul metro Minnesota.                           

   We Are Accepting ReferralsVisit our profile to find out more about our services. Call us today at (763) 548 1444. Contact us by email if you prefer by clicking on email me on the right side of this page under our profile.

© Regional MLS of Minnesota 2008. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than EXIT REALTY EXECUTIVES are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items

 Forward to a Friend who can utilize this.

Building your personal wealth through Real Estate in this Market Place

There seems to be an endless supply of data supporting the facts associated with purchasing real estate in the current market conditions.  Things such as the supply and demand ratios of inventory, the record low interest rates, seemingly bottomless prices.  Yet there are a vast number of eligible buyers actually thinking about purchasing real estate and are still sitting on their hands playing the waiting game.  Is it a lack of consumer confidence?  Is it poor media coverage generalizing the ‘Gloom and Doom' scenarios with real estate?  Is it the predatory lending practices associated with people owing more money than their home is worth?  What about the poor advice consumers may have received from their apparent real estate professionals?  We can confidently assume more than one of the above applies to the current market conditions, however the surface is only being scratched from the consumers perspective.

Logically, it makes zero sense when you consider the supply/demand ratios and the cost of borrowing money.  Obviously it is a great time to buy.  For those that feel the bottom is not quite here and they want to wait, please let us know when you know.  Historically, we'll only know well after it has corrected upwards.  Consider this, if buyers feel prices will drop a few more percentage points, why not consider making an offer by that projected amount now while the cost of borrowing money is at a record low?

So let's rule out the finger pointing regarding associated lending practices and/or poor real estate for the sake of this article.  Clearly, the consumer confidence must be the issue.  Most recently, there are many more buyer inquiries than in the past year, many more searches on our search engines, websites, blogs and many more people visiting open houses than last year.  Even the National Association of Realtors (NAR) have jumped on the campaign wagon advocating buyers to look at the real numbers. 

For Example:

The supporting articles by the National Association of Realtors (NAR) clearly demonstrate the value of owning real estate over the long run.  The FED Studies supports that 60% of homeowners wealth is from the equity they have built in their home.  In fact it would be safe to safe that over 90% of Americas' wealth is sitting on and based on real estate. 

One of the most glaring over-sites associated with the lack of consumer confidence is the lack of consumer confidence with their previous professional.  Yes, during a time when consumers need a professional the most, consumers are hunting and spinning their wheels on their own and typically calling the person holding the listing and representing the sellers.  That can also be potentially another finger in the eye scenario for the real estate industry.

Consumers in general have been abandoned by their previous agents, in fact in the metro area, almost one-third of the agents did not renew in the new year.  Over and over as I network with past associates, I'm finding they are either completely out of the industry or are keeping one foot in the industry working other jobs and hoping for the correction to happen soon.  Consumers have sensed that and are out there on their own.  They are literally seeking trustworthy professionals that will support their mission to build their personal wealth through their real estate transactions.   They are not seeking transactional people, they are seeking on-going client care professionals who will be with them through thick and thin.  When we receive referral calls that say, we were told to call you before we do anything with our home, we know they called from our ‘Client-for-Life' people.  They know, trust and understand that we are here to help them develop wealth with their real estate transactions.  Not everybody needs to simply do the deal and have a licensee they know do the deal for them.  That is transactional rather than supportive real estate services.  We are continually looking to help the orphaned buyers and/or sellers seeking to develop their personal wealth through real estate.  In fact, our office has just realized the vast numbers of orphaned consumers who have the 2+ year itch to move, need to be aligned with a trusted professional.  The only banner above that doesn't really justify this article is the one that quotes, "I-need-a-Realtor".  Consumers need a Realtor who is more than a transactional person.  Consumers need a Realtor-For-Life, whereby whenever they have any necessary support associated with home ownership throughout their years of ownership, that Realtor-For-Life is their to turn their home ownership questions in to real solid wealth building solutions.

Comments are appreciated. Thank you in advance.

__________________________________________________________________________________________________________

Contact Frank D'Angelo, Broker, Sellers Residential Specialist. Licensed Broker in the State of Minnesota at (763) 548 1444 to list your property for sale or to purchase a property in Blaine, Fridley, Spring Lake Park, Coon Rapids, Centennial, Lino Lakes, Ham Lake, Andover, Champlin, Brooklyn Park, Minneapolis, St. Paul metro Minnesota.                           

   We Are Accepting ReferralsVisit our profile to find out more about our services. Call us today at (763) 548 1444. Contact us by email if you prefer by clicking on email me on the right side of this page under our profile.

© Regional MLS of Minnesota 2008. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than EXIT REALTY EXECUTIVES are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items

 Forward to a Friend who can utilize this.