Tuesday, November 23, 2010

Online Newsletter for the Week Ending November 26, 2010

HAPPY THANKSGIVING!

QUOTE: “I don’t want to get caught in my unawares” Rhonda Behrens

GRATITUDE STONE: This is a great time of the year to remind everyone of the Gratitude Stone concept. Put a small stone or marble in your pocket or purse. Every time you see or feel the stone stop and give thanks for all that you have to be grateful for. In the evening just before you go to bed, put the stone on your dresser and again give thanks. In the morning as you get ready for the day, put the stone in your pocket or purse and again stop, pause, and then give thanks for all that you are grateful for. It is impossible to be upset and grateful at the same time!

UNDERSTANDING “THANKS” SO YOU CAN SAY IT IN A BETTER WAY, another gem by Jeffrey Gitomer in regards to Thanksgiving: http://www.gitomer.com/articles/ViewPublicArticle.html?key=ajcdMibak3OrWuT6TIxm5Q%3D%3D

17 IDEAS FOR MARKETING YOUR LISTINGS by Lowes; http://rismedia.com/lowes/8355/11188/

HOW TO REVIVE YOUR DEAD REAL ESTATE LEADS AND GET APPOINTMENTS NOW! By Joe Stumpf (one of the greatest teachers), http://www.brokeragentsocial.com/article/987/how-to-revive-your-dead-real-estate-leads-and-get-appointments-now


DID YOU OR SOMEONE YOU KNOW GET KATRINA ROAD HOME FUNDS? IF SO THIS IS IMPORTANT. The property on which the road home funds were granted has recorded covenants that “run with the land” meaning the covenants will always be on record. The homeowner should request a release of the covenants provided all requirements of the covenants have been met. The web site at which this can be done is: http://www.road2la.org/homeowner/covenantrequesteform.htm

GRANDFATHERED FLOOD ZONES: The term “Grandfathered” has an implied meaning that if you qualified under one set of guidelines those guidelines will remain in effect regardless of what might come later. The term grandfathered appears in the flood insurance guidelines but it does not mean that a homeowner is truly grandfathered in regards to flood insurance premiums as compared to a flood zone. If a property were to be rezoned from a non-flood zone to a flood zone, the actual flood zone may be grandfathered. That would enable the homeowner NOT to have to comply with a higher base elevation, as an example. However, the flood insurance premium may remain the same for up to two years but then a higher premium will be applied. You should instruct your customers to meet with their insurance agent to ascertain exactly how the new flood plain maps may affect their insurance coverage.

THE POWER OF THANK YOU, by Jon Gordon. Great article for Thanksgiving: http://www.jongordon.com/newsletter-112210-thankyou.html

LICENSE RENEWALS: Louisiana License Renewals are now posted for your convenience on YOUR LREC Email account. Did not know you had one? You do. Go to http://www.lrec.state.la.us/ and click on My LREC Email on the upper right side of the screen. It is highly recommended that you forward your LREC Email to whatever Email service you routinely use otherwise you will never know you have an Email from the Louisiana Real Estate Commission unless you check this site on a regular basis. IF YOU DO NOT RENEW YOUR LICENSE BY DECEMBER 31, 2010, YOU MUST STOP ANY AND ALL REAL ESTATE ACTIVITIES UNTIL YOU DO. Failure to comply with this regulation could result in a fine or disciplinary action or both.

BOARD DUES. If you have not already paid your 2011 REALTOR Board dues, there is a $50 late fee that is now due. If you are a member of NOMAR you have until November 30 to pay your dues before a late fee is imposed.

CONTINUING EDUCATION: Reminder, you must have 12 hours of Continuing Education (Louisiana) and 4 hours of it MUST be on the Louisiana License Law. The Louisiana Real Estate Commission is conducting audits and you may have to prove that you have completed the required hours so keep your CE Certificates; you are encouraged to scan them and save them to your computer.  ALSO AS A REMINDER, you must complete the Ethics Course required by the National Association of REALTORS.  This course is required every 4 years and this 4 year cycle expires December 31, 2012.  You can take this course FREE by going to www.REALTOR.org.

HOODOO ADVERTISING: This ought to get your attention. Great advertising article by Ian Grace: http://www.brokeragentsocial.com/article/988/top-10-tips-for-writing-great-real-estate-ads-tip-no-1

BROKER BIT:  AGREEMENTS TO PURCHASE.  The time-line on Agreements to Purchase is very important and you want to make certain to Dot your I's and Cross your T's to both protect your customers and you and to insure your Agreements can survive a legal review.  The Designated Listing Agent is REQUIRED to sign the receipt on page one of the Agreement.  If the Designated Listing Agent fails to sign the receipt it is your duty to request the signed receipt either by email or fax and then upload your email or fax to the paperless system to demonstrate that you have at least asked for the signature.  The Designated Listing Agent is also required to complete line 331 on page 5 of the Agreement indicating when the Agreement was presented to the Sellers of the property.  The selling agent is requires to complete line 351 indicating when the Agreement was presented back to the Buyers.

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