Saturday, January 29, 2011

Beg For Referrals?? MY Golden Rule Says "Don't You Dare!"


As a real estate agent, I never know where my next client will come from. I know I may be over-simplifying here, but these methods of securring business just don't make me want to hop out of bed in the morning:

Capturing the lead
Converting the FSBO
Going after the Expired listing
Begging Asking for referrals

I'm especially uneasy with the last one. I refuse to beg/pester/annoy anyone for referrals. If I do my job well, then I feel confident my family, friends and past clients will remember me if they know someone who has a real estate need.

And here's where the Golden Rule comes in...at least for me:

If someone I have worked with in the past has done a superb job, and they were likable enough, I have no problem referring them to someone else looking for that same kind of service. But if said-superb-service provider contacted me every month...whether to say "hi" or send me "something of value", and ended each such contact with a gentle reminder to send business his way...well, frankly, I'd be annoyed. I don't need my dentist or insurance salesman or car dealer or handyman contacting me 12+ times a year to remind me they're in the business...and would LOVE my referrals.

As a matter of fact, DON'T YOU DARE contact me that much.

I'm an intelligent woman, and I have a pretty good memory. I know exactly who my insurance agent is, even though I haven't spoken to him in over a year. My handyman and my dentist are wonderful...and I've referred others to them many times. Before I became a Realtor, I remembered who my real estate agent was. She did a great job and I used her services several times over the years and recommended her to others, even though I only heard from her on my birthday and at Christmas.

Of course this is just me, and the way I choose to run my business. I'm sure those methods work for other agents.

But this is my business. And it sure is a wonderful thing that I get to decide how to manage it!


Friday, January 21, 2011

Saving For A SUNNY Day Is Much More Fun Than Saving For A Rainy Day!

When I started my real estate career several years back, the first stop after getting my license was the bank. I decided that each commission check would be divvied up amongst 4 different accounts (yes, my previous career was in Accounting):

1. Checking - Household
2. Checking - Real Estate
3. Savings - Taxes (for those pesky quarterly tax estimates we self-employed folks need to pay)
4. Savings - Rainy Day account (for those pesky months when no commission is in)

Huntington Beach, Lake Erie
Then today as I was reconciling all of them (isn't online banking the best?!), I realized that "Save for a rainy day" is so negative. As you know, folks buy houses whether it's raining, snowing, sunny or cloudy. Real estate may have it's typical "seasons"...depending on what part of the country you live in...but I've shown houses wearing boots & mittens and fought with frozen lockboxes, juggled umbrellas and watched as the ink on my listing sheets ran down the page.

My point is, I'd much rather save for a SUNNY day! To have enough in that bank account so I can take a vacation to Florida to visit friends, or sit on the beach at Huntington right here on Lake Erie. I have a Vision Board on the wall in my dining room/office. There are three pictures of my "will have someday":

1. A house on the lake (even a little tiny lake would do)
2. A house with a huge covered front porch to sit & watch the world go by
3. A house with a deck off the back of the house where I can gaze adoringly at previously-mentioned lake.

In all three pictures, the sun is shining brightly!

Remember, focus on what you DO want, not what you do not want!

Sunday, January 16, 2011

Important Tips for Home Buyers!

Visit houselogic.com for more articles like this.

Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®

Thursday, January 13, 2011

The New FSBO - For Cleveland and Other Snowy Cities!

The New FSBO - For Cleveland and Other Snowy Cities!

FindSue Gabriel - Shoveling our lovely Cleveland area snow
Snowbound
Before
October

Unfortunately, I don't have a snowblower. I don't really mind, because I can use the exercise! So yesterday I spent 90+ minutes shoveling 6" deep snow from my driveway.

I live on a very busy street, and hundreds of cars and trucks zip by my house all day long. There must have been at least half a dozen pick-up trucks with snowplows attached  pass me as I worked my butt off cleaned my drive. One passenger even made eye contact with me, at 35mph.

And did anyone stop and offer me their services? Nope. But what a great idea it would be if even one of those guys had taken down my address - and the addresses of all the other hardy souls in Northeast Ohio out there shoveling today - and maybe send a coupon for a % off our first plowing. And they should definitely contact us next Fall, before the Lake Erie snow machine turns back on.

As I said, I don't mind the physical activity, but there are days when I need to get out NOW, and don't have 90 minutes to shovel. Not to mention the time to bundle up, un-bundle, and make myself presentable again. So I just might hire someone to help me, if I knew who to call.

Any snowplowers out there??

Monday, January 3, 2011

North Olmsted, OH Real Estate Sales 2010 vs 2009

North Olmsted, OH Real Estate Sales 2010 vs 2009

Well, 2010 sure did fly by! Meaning it's time for some some interesting statistics on North Olmsted, OH Real Estate sales! Yes, you read right...I did say "interesting". Don't worry, I'll keep it short and sweet...no charts or graphs. Just a few highlights:
  • The average sales price for a property in North Olmsted, OH continues to hover near $120,000
  • 2010 saw 35 LESS sales than 2009
  • The largest drop in sales (23 in '09 to 7 in '10) came in the $90k-$100k price range (less foreclosures, maybe?!)
  • The $120k-$140k range stayed just about even...61 sales in 2009 vs 60 sales in 2010
  • Average number of days it took to sell a home went from 96 in '09 to 106 in '10...pretty consistant
  • The $140k-$160k price range saw an increase of 10 sales...I think that's very encouraging!
  • The $100k-$120k price range saw a decrease of 10 sales...once again, foreclosure related?!
What does it all mean? I'd say it looks like the market is stabalizing a bit; however, we still have another year or so before we're out of the woods. How's that for non-committal? Sorry...I wish I had my given my crystal ball a tune-up along with my furnace (the HVAC-guy is in my basement as I type). Personally, 2010 was a pretty good year. Much better than 2009. And I'm hoping 2011 continues the trend...for all of us!
Happy New Year everyone, and remember...
The Golden Rule...it's that simple!