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Sacramento Real Estate Resource Guide - Sacramento County, El Dorado County and Placer County Realtors
Sacramento Real Estate Resource Guide - Sacramento County, El Dorado County and Placer County Realtors

Friday, March 30, 2007, 11:48 PM
By Allen Pierleoni - Bee Staff Writer
Last Updated 9:03 am PDT Wednesday, March 28, 2007
Story appeared in TASTE section, Page F4


Dagwood Bumstead notwithstanding, sandwich-making is definitely a culinary art form. If you doubt it, or live with the misconception that all sandwiches are created equal, visit any of the recommended restaurants in this alphabetized sampler. The truth is out there -- you just need to taste it.


See Related Link for the FULL Sacramento Bee article ...


Bread Store 1716 J St.; (916) 557-1600
Bud's 1016 10th St.; (916) 443-6905
Distillery 2107 L St.; (916) 443-8815
Dominick's 8621 Auburn-Folsom Road, Granite Bay; (916) 786-3355
Evan's Kitchen 855 57th St.; (916) 452-3896
Jamie's Broadway Grille 427 Broadway; (916) 442-4044
Lake Forest Cafe 13409 Folsom Blvd., Folsom; (916) 985-6780
Maad Tea Party 4355 Town Center Blvd., El Dorado Hills; (916) 933-2121
Pennisi's 1237 J St.; (916) 448-5610
Plaza Hofbrau 2500 El Camino Ave.; (916) 482-2175




Monday, March 5, 2007, 04:39 PM
Real Estate Marketing Strategies: How to Make Sure You Get the Money You've Earned
By Dr. Maya Bailey
Published: March 5, 2007
— Realty Times


In the past 10 years of coaching real estate agents to market themselves, I've noticed a simple mistake that can cost you a transaction. Do you know which one I'm talking about?


Imagine you're working with a prospective buyer? What is the first thing you make sure to do? This article reveals the secret steps that can save you thousands.


Step 1: Invite the prospective buyer into your office.

Why is this important? You need to establish a working relationship with this buyer. They need to know how you work.


Step 2: Ask them detailed and specific questions about what they are looking for.

Take notes and don't be afraid to delve. You need to know their specifics, their motivations and their time lines. Do active listening with them and repeat back some of their key phrases and words. It will inspire confidence in them when they feel heard.


Step 3: Tell them all the wonderful things you are going to do for them.

For example, tell them that you'll be previewing houses, you'll be taking them out to look at houses, you'll be advertising, you'll be going to MLS meetings, etc.


Step 4: Tell them what you expect from them.

A simple way to phrase this is after you have told them what you'll be doing for them is, "All I need from you is an agreement that we'll work exclusively together." They probably won't know what that means, so get specific."This means that you won't work with another agent, if you see a name and number on a For Sale sign, you'll call me instead of the name on the sign and bottom line it means, I'm the one who is handling the transaction and my name will be on the escrow with you."


Step 5: Clarify what you just said.

They will probably have a questioning look on their face. Say, "It looks like you might have a few questions about what I just said, what can I clarify for you?" Keep pursuing and discussing it with them until you are sure they are in agreement with your policy. Their body language is probably the best way to tell if they really mean "yes."


Step 6: Reassure them that they are not "locked in."

After all that, be sure to tell them they are not "locked in." In other words, if they don't like working with you or you don't like working with them, then there needs to be a discussion. If the issues can't be resolved and you're not a good match, let them know they can be released from the agreement providing there is a discussion and mutual agreement.


If you've followed all the steps above, you'll save yourself a lot of grief later. I can't tell you the number of agents I've coached who have come to the session extremely angry because a client they were helping decided to go with another agent. Let's make sure that doesn't happen to you.


Thursday, March 1, 2007, 06:48 PM
Top 7 Mistakes Rookie Real Estate Agents Make (Part One)
By: Eric Bramlett
December 2006 - NETREAL


See Related Link for the FULL NetReal article ...


Every time I talk to someone about my business and career, it always comes up that "they've thought about getting into real estate" or know someone who has. With so many people thinking about getting into real estate, and getting into real estate - why aren't there more successful real estate agents in the world? Well, there's only so much business to go around, so there can only be so many Real Estate Agents in the world.


I feel, however, that the inherent nature of the business, and how different it is from traditional careers, makes it difficult for the average person to successfully make the transition into the Real Estate Business. As a Broker, I see many new agents make their way into my office - for an interview, and sometimes to begin their careers. New Real Estate Agents bring a lot of great qualities to the table - lots of energy and ambition - but they also make a lot of common mistakes. Here are the first three top mistakes rookie Real Estate Agents Make.


1) No Business Plan or Business Strategy
A) Goals - What do you want? Make them clear, concise, measurable, and achievable.
B) Services You Provide - you don't want to be the "jack of all trades & master of none" - choose residential or commercial, buyers/sellers/renters, and what area(s) you want to specialize in. New residential real estate agents tend to have the most success with buyers/renters and then move on to listing homes after they've completed a few transactions.
C) Market - who are you marketing yourself to?
D) Budget - consider yourself "new real estate agent, inc." and write down EVERY expense that you have - gas, groceries, cell phone, etc... Then write down the new expenses you're taking on - board dues, increased gas, increased cell usage, marketing (very important), etc...
E) Funding - how are you going to pay for your budget w/ no income for the first (at least) 60 days? With the goals you've set for yourself, when will you break even?
F) Marketing Plan - how are you going to get the word out about your services? The MOST effective way to market yourself is to your own sphere of influence (people you know). Make sure you do so effectively and systematically.


2) Not Using the Best Possible Closing Team


3) Not Arming Themselves with the Necessary Tools
A) MLS Access is probably the most expensive necessity you're going to run into. Joining your local (and state & national, by default) Board of Realtors will allow you to pay for MLS access, and in Austin, Texas, will run around $1000. However, don't skimp in this area. Getting MLS access is one of the most important things you can do. It's what differentiates us from your average salesman--we don't sell homes, we present any of the homes that we have available. With MLS Access, you will have 99% of the homes for sale in your area available to present to your clients.
B) Mobile Phone w/ a Beefy Plan - These days, everyone has a cell phone. But not everyone has a plan that will facilitate the level of use that Real Estate Agents need. Plan on getting at least 2000 minutes per month. You want, and need, to be available to your clients 24/7 - not just nights and weekends.
C) Computer (Preferably a Laptop) - There's no way around it, you have to have a computer & be savvy enough to use email. You would be wise to invest in some business management software, as well. If you'd like to save some money (and who wouldn't) then you can get the client & email management software Thunderbird from www.mozilla.com and you can get a free office suite from www.openoffice.org. The only downside to these programs is that they do not sync with your PDA or Smart Phone. A Laptop is a BIG plus because you'll be able to work from home or on the go. New Real Estate Agents are often surprised by just how much time they spend AWAY from the office, and a laptop helps you stay on top of your work while on the go.


D) Real Estate Friendly Car - You don't have to have a Lexus, but your Miata won't do the trick. Make sure that you have a 4 door car or SUV that is comfortable and presentable. Keep it clean, and for God's sake, don't smoke in it! You're going to spend a LOT of time in your car, and put a lot of miles on it, so if it's fuel efficient, it's a BIG plus. If you're driving a sporty convertible, or still have your KILLER Jeep from college, it's time to trade it in.



Thursday, March 1, 2007, 05:58 PM
Top 7 Mistakes Rookie Real Estate Agents Make (Part Two)
By: Eric Bramlett
December 2006 - NETREAL


See Related Link for the FULL NetReal article ...


New Real Estate Agents bring a lot of great qualities to the table--lots of energy and ambition--but they also make a lot of common mistakes. Here are the the last four top mistakes rookie Real Estate Agents Make.


4) Lack of Proper Funding - If you've taken the time to create your business plan, than you should definitely have your budget, but I can't stress enough the importance of having and following your budget. However, the budget alone doesn't address the important aspect of funding. 90% of all small businesses fail due to lack of funding. Typically, new agents will want to have 3 months of reserves in savings before taking the leap into full time agency. However, money in the bank isn't the only way to answer the question of funding. Maybe your partner can support you for a certain period of time. You can keep a part-time job that won't interfere with your business as a Real Estate Agent. Many successful waiters make the transition to successful real estate agents with no money in the bank. When you start your new business, don't expect to earn any income for, at the least, 60 days.


5) Refusing to Spend Money on Marketing - Most new Real Estate Agents don't realize that the hardest part of the business is finding the business. Furthermore, they've just shelled out around $2000 for their license and board dues, so the LAST thing they want to do is to spend more money! Again, the problem lies in the lack of understanding that you've just jumped into the Real Estate Business, you haven't taken a new job. And any good businessperson will tell you that how much business you GET is directly correlative to how much you SPEND on marketing. If you choose the right brokerage, then you will get some good inbound leads. However, don't neglect a good, personal marketing campaign from the beginning to get your own name out as the Real Estate Agent to go to.


6) Not Focusing Their Marketing Efforts In The Most Effective Areas - One reason why many new Real Estate Agents who do begin spending money on personal marketing stop is because they spend it in the wrong place. The easiest place, and where conventional Real Estate tells you to spend your money, is in conventional print marketing -- the newspaper, real estate magazines etc. This is the most visible place to see real estate advertising, it's where large offices spend a good part of their money, and so many new agents mistakenly spend their money here. This becomes very frustrating to new agents because of its low return. Large brokerages can afford to spend their money here because they're filling two needs--they're marketing their own properties for sale while creating new buyer traffic for their buyer's agents. New Real Estate Agents should look to their own sphere of influence and referral marketing to see the most effective return on their investment. An agent can spend as little as $100/month marketing to their family, friends, and colleagues and see an incredible return. There are many great referral systems around that all focus on the same premise--that if you consistently market yourself to your sphere of influence as the Real Estate Agent to go to--then you will get more business. The key is to pick a system and to follow that system. You will see results.


7) Choosing the Wrong Brokerage for the Wrong Reasons - New Real Estate Agents choose their new broker for a variety of reasons--they have a good reputation, they offer the most competitive split, the office is close to their house etc. While these alone aren't bad reasons to choose a broker, they aren't going to do a lot to help you in your success. The #1 reason to choose a broker, and the question to ask is, "What do you offer your new agents." If the answer is, "The most competitive split in town" you should definitely keep looking. Remember, 100% of $0 is still $0. If you're leaning towards the largest broker in town, who has a great reputation, remember this: You're starting a BUSINESS not a JOB. While it might be fantastic to brag to your friends about landing a job at a prestigious company, it's no accomplishment to hang your license on the same wall in the same office as other successful agents.


Your #1 concern when interviewing new Brokers is what they offer you as a new agent. Do they have incoming leads? What does their training program consist of? What's their retention level? What's their average sales price? Do they encourage their agents to promote themselves? A Broker's purpose is to help new agents start successful careers and to help established Agents progress their careers to the next level. As a new agent, concern yourself less with commission split or agency name and more with specific programs and agency standards.


A new career in Real Estate is very exciting. Starting a Real Estate business provides the new Agent with opportunities for limitless potential and freedom. New Agents have a notoriously high failure rate, however, so a new Real Estate career can also be a very scary prospect. However, if you avoid the 7 Top Mistakes Rookie Real Estate Agents Make, then you'll be far ahead of the competition!



Tuesday, January 9, 2007, 08:02 AM
Hello & Happy New Year! We WILL have the Folsom MLS Tour tomorrow morning at 8:30AM.


Location: The Folsom Community Center (52 Natoma Street/corner of Wales & Natoma)


If you would like a sneak preview of the homes that will be showcased tomorrow, you can logon to our NEW WEBSITE and check it out!


www.folsomcaravan.com


All tour information is provided on this site, along with a calendar of scheduled SAR & Folsom MLS events with dates and times.


I would like to thank Ron & Joyce of SOURCIS for designing our gorgeous and user friendly website! We ALL owe them a tremendous deal of gratitude! This website www.folsomcaravan.com will really streamline the tour process, and enable everyone to be up to speed with ALL tour information to include: meeting dates, placing your home on tour (which can now be done on-line!), printable MLS tour sheets, property feedback forms, guidelines, calendar showing upcoming meetings, speakers, classes, etc. for both SAR & our Folsom MLS!


Now if you can not attend the meeting, (which of course, we hope you do!) you CAN still print the list of homes on tour and either “catch up” with the tour or view them at your leisure based on showing instructions. This benefits ALL Sellers and Listing Agents, as this will truly maximize the exposure your listing receives!


If you are looking to revamp your website this year or start one, please give Ron & Joyce a call. Let’s show our appreciation through utilizing their services! If you are happy with the website you currently have-they are also instrumental in getting your site premium exposure by ranking you higher on search engines and check out their NEW and EMERGING Sacramento Valley Real Estate and Realtor Resource Guide. SacMetroRealEstate It is an "exclusive" online Internet directory for realtors and real estate services in Sacramento County, El Dorado County, Placer County.


Contact Information:
916.990.5822
ron@sourcis.com
joyce@sourcis.com


Again, I hope to see you tomorrow and thank you all for your continued support of the Folsom MLS Tour as we celebrate our First Anniversary!


Brie~

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