CALLING MY OWN SHOTS! Plus a Few Others that the AR Gods Missed this Week – 010112

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Mortgage and Lending with Los Angeles & Ventura Counties in CA



Well, this week there were so many really great posts here in the rain by some of my fave bloggers as well as some newbie bloggers that I’ve recently come across.  However though, for the first time since I’ve been doing this series (summer 2010), I didn’t actually call any of the shots this week.

 

But there were some other really great posts that I suggested but the AR Gods must have missed them this week when they were bestowing those little gold stars.  Check them out and see for yourself.

 

First there was a Give Yourself A Gift For 2012: Get Your Stuff 'Under Control' by Marie Graham.  I loved this post because Marie, who is a stager, advises us on the importance of getting control of all of our "stuff".  While making a New Year's resolution to be more organized is always a good idea, staying organized all year long is the real challenge. 

One of the more common complaints I hear about so many of the properties on the market here is how diry and cluttered the place was and how the prospective buyers couldn't wait to get out of the property.  While I'm not going to address "dirty" homes (that's a whole other post), addressing cluttered homes with organization systems become absolutely vital in being able to market and eventurally sell a property.

While a really great stager (like Marie) can address so a lot of presentation issues, for serious "clutter" issues, a professional organizer may be an absolute must.  Yeah, I know, you think you don't need a pro telling you how to organize your stuff but I think Marie says it all when she asks, "so how's that working for you"?  :)


Then there was a double shot by Wallace Gibson with her posts, I'm SORRY, I am NOT your Beck and Call Girl! I have my PRIORITIES! and Check Out Your Landlord - it was BOUND to Happen.  Wallace really hit it out of the park with these two posts and I'm just really surprised that the AR Gods didn't agree with me on these shots.

I loved Wallace's beck and call girl post because it's a phrase I have used so many times throughout my mortgage career.  I think we can all agree that there are those folks who think our sole purpose is to be at their beck and call regardless of all of our other duties and responsibilites.  While Wallace may see this issue more with her tenant prospects, unfortunately, I see this attitude so much more from Realtors than anyone else I work with.

I don't care who you are (it really doesn't matter who), this attitude and behavior is nothing more than a form of disrespect and it needs to be nipped in the bud from the get go.  People like this are so incredibly arrogant and obnoxious that all they care about is themselves and their own needs and you are simply there to serve them at their convenience. 

Our time, energy and resources are finite and they need to be organized and prioritized.  Don't allow these jerks to derail you from your duties and responsibilities.  I've said this before and I'll say it over and over again but if you don't respect yourself and your business, then no one else will either.


As for Wallace's next post, this was so good that I think I'm going to reblog it for my consumers here in my market.  With our rental market being as hot as it is right now, prospective tenants checking out their landlord becomes an absolute must.

As an MLO who works mostly with buyers here in Los Angeles & Ventura counties, I hear so many horror stories from my borrowers about how the properties they were renting got foreclosed on even though they were paying their rent every month, on time.  Furthermore, they had no idea the property had been foreclosed on until some REO agent showed up and told them they were listing the property.  SERIOUSLY!!! 

I used to wonder how does something like this happen and why there wasn't some service that tenants could use to check out the landlord before ever signing a rental agreement.  Well, now there is and it is now absolutely vital that prospective tenants start taking advantage of this incredible service.  Check it out and spread the message too!


Next was "Steering" buyers away from short sales by Gina Chirico.  While the title caught my attention because of the legal definition of "steering", I was glad to see that Gina wasn't using the legal definition of "steering", I do think she should have used a different word though.

While I do understand what Gina was getting at, I am going to politely disagree with the premise of her post that we shouldn't be "discouraging" (that's the word she should have used) buyers from pursuing short sales.  SERIOUSLY???

Quite frankly, educating and informing our buyer clients about the pros and cons of short sales is not only duty and responsibility - it's our job!  This is what our buyers are hiring us for - our knowledge and experience!  This includes our knowledge and experience with short sales, even if it's not positive.  Heck, especially if it's not positive.

Remember folks, our job is to educate and inform and advise our clients and it's their responsibility to decide what kind of property they wish to buy.  If they decide to not pursue short sales (after we have educated and informed them on the pros and cons of short sales), that's their choice!


Lastly, there was Why A REALTOR's "Years On The Job" Means So Little To Somebody Who Needs To Sell A Home by Joe Manausa.  I liked this post because it illustrated the production differences between newbie Tallahassee agents and seasoned Tallahassee Realtors.

I have to say that some of the data didn't really surprise me, especially the production data between newbie agents and seasoned Realtors with a gazillion years of experience, which, by the way, is typically the same.  While I agree that there are definite advantages to hiring a "seasoned" Realtor because of their years of experience, working with a newbie Realtor may actually be a better option for your own personal real estate needs.

As a homeowner for more than 25yrs now, the best Realtor I have ever worked with on the sale and purchase of real estate was a newbie with only a few transactions under his belt when I first started working with him.  The reason we hired him was because he wasn't a mega listing agent that would go MIA as soon as we signed the listing agreement. 

Furthermore, during every transaction we had with him, we were never delegated to some flunkie peon assistant after the listing agreement was signed or some buying agent after the buyer brokers agreement was signed.  He always took care of us personally, which was something that was very important to us and why we didn't go with some mega agent with a gazillion years of experience. 

Don't ever forget that all really great Realtors started out as newbies and most likely were those newbies who stood out and above and succeeded in spite of all the seasoned Realtors in the market.  Just because someone has a lot of "years of experience" doesn't necessarily make them a better Realtor than someone with very little "years of experience".

 


As always, I love "calling the shots”.  I’m pretty picky and selective about whom I suggest. I intentionally highlight my fave bloggers and then I look for new bloggers or bloggers that aren’t on the feature board every other day.

Anyone can suggest all the popular bloggers but finding the hidden treasures and gems is so much better. I hope you check them out and enjoy them as much as I did.

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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

 Donne Knudsen

Realtor® - CalState Realty Services

DRE#: 01364050 / NMLS#: 249822 

 

805.2069123

 

E-mail   My Blog  

Serving low-medium income individuals and families as well as first time buyers with both their real estate as well as their mortgage needs including down payment assistance

Los Angeles County  --  Ventura County

© 2010 - All Rights Reserved

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Re-Blogged 2 times:

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  1. Praful Thakkar 01/01/2012 04:00 PM
  2. Gene Riemenschneider 01/01/2012 06:13 PM
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Rainmaker
598,882
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Debbie - Many years ago (early in my mortgage career), I too used the services of a professional organizer when I set up my own home office.  She was a Godsend and I still use the systems she helped me set up.  I have a lot of respect and admiration for these folks. 

Rob - I could totally relate to that post because I have used that same expression whenever I have felt that some Realtor was trying to take advantage of me or disrespecting me because of the way I choose to prioritize by responsibilities.

Lisa - I hope you enjoy them as much as I did.

Dale - Thank you so much for the well wishes and I want to wish you the same.  :)

Dennis - I couldn't agree with you more.  As I transition from mortgage loans to real estate, I will be working with rentals and prospective tenants and I am planning on making landlord background checks a part of the services that I offer.

Thx for stopping by everyone; I really appreciate it.  Have a good night everyone and a wonderful week too!  :)

Jan 01, 2012 08:20 PM #19
Rainmaker
342,872
Gina Chirico
Lattimer Realty - Fairfield, NJ
Real Estate Agent - Essex County, New Jersey

Hi Donne, thank you for taking the time to read my "steering" post, to comment on it and to include my post in your weekly call shot. 

Discouraging buyers from pursuing short sales is a little different because the agent actually takes the time to explain a short sale to a buyer, usually with negativity which is why the buyer doesn't pursue it.  I agree 100% with you that educating and informing our buyer clients the pros and cons of short sales is not only our duty and responsibility but its OUR JOB including the good, the bad and the ugly.  I also believe that its the buyer's choice to pursue or not to pursue or to even pursue at first and then change their mind. 

However the main point that I was making in my post and which is why I referred to it as "steering" is that there are agents who are blatantly telling buyers to stay away from short sales without explanation and/or refusing to show buyers short sales.   So again I selected the word steering because these agents are not giving buyers all their options, they are making the decision for them by steering discouraging them from short sales without giving them the choice to pursue them or educating them on what a short sale is, the process, the good, the bad and the ugly, etc. and believe it or not, but many buyers, especially first time homebuyers are at the mercy of their real estate agent because they believe the agent has their best interests at heart and sadly, that's not always the case. 

Thanks again for reading my post and including me in your shots this week.  :)

Jan 01, 2012 08:28 PM #20
Rainmaker
598,882
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Mary - I'm glad that you enjoy my posts; that means a lot to me.  I hope you enjoy the others as well too!

Marie - It's so true that some people think they can do it all and don't need any professional help.  Personally though, I have no problem asking for help for areas that I have little to no experience with.

Joy - It's easy to miss some really great posts around here, especially when you're busy.  I hope you enjoy my suggestions.  :)

Andrew - Thx for the tip; I'll check that out.

Jane - You too!  I hope business is good too!

Thx for stopping by everyone; I really appreciate it.  Have a good night everyone and a wonderful week too!

Jan 01, 2012 08:29 PM #21
Rainmaker
598,882
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Praful - I know, I completely agree with you, which is one of the reasons why I started this series - to generate more exposure for really great posts that the AR missed.

Paula - I hope you enjoy them as much as I did.  :)

Tammy - Yeah, they were definitely taking some time off this week.  They deserved it!  :)

Shellie - I'm glad you enjoyed my posts.  I started doing this series because there are so many really great posts going up here everyday that really don't get the attention they deserve.  I also really try and find really great newbie bloggers too.

Bryan - You and me both.  I learned a long time ago to not discount really motivated, ambitious and conscientious newbies.  The really great Realtors all started somewhere and there are so many really great newbies out there that have the makings of great Realtors.  I would hire a good newbie over some arrogant old-timer anyday. 

Thx for stopping by everyone; I really appreciate it.  Have a good night and a wonderful week too!  :) 

Jan 01, 2012 08:44 PM #22
Rainmaker
828,965
Marc Swartz
Toronto, ON
CPA, CA - Toronto, Durham & York Regions, Ontario

Hi Donne - A lot of great posts were written during the busy time between Christmas and New Years.

Jan 01, 2012 08:50 PM #23
Rainmaker
551,116
Susan Haughton
Long & Foster REALTORS (703) 470-4545 - Alexandria, VA
Cheerfully Helping You Buy or Sell in Alexandria

As always, thanks for highlighting some posts many of us may have missed. Happy New Year!!

Jan 01, 2012 08:55 PM #24
Rainmaker
409,895
Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Donne, 

I love all of these blogs.  Wallace is one of the first people I read everytime I log onto AR - she is Fabulous at what she does and she's an amazing support to the property management community. 

All the best in 2012, Michelle

Jan 01, 2012 09:00 PM #25
Rainmaker
598,882
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Ron - LOL  I know, getting rid of "stuff" can be challenging.  I'm kind of a clutter purger by nature but hubby is my "clutter" challenge.  He is currently under "clutter" purging order now and has only a few weeks left to clean his mancave garage up.

Don - Happy New Year to you too!  :)

Jeff - I don't encourage and/or discourage my borrowers about any kind of property; I simply educate and inform.  For the most part, my borrowers have already decided before they even contact me that they're not interested in short sales.  As for the ones that do end up pursuing them, many of those end up foregoing them after wasting way too much time on them. 

Then there are those who don't really care one way or another and do end up pursuing them.  Whatever!  It's their choice and I will assist them regardless of what kind of property they choose to purchase.

Thx for stopping by folks; I really appreciate it.  Have a good night folks and a wonderful week too!  :)

Jan 01, 2012 09:03 PM #26
Rainmaker
598,882
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Gina - While I can understand your frustration with Realtors who refuse to work with short sales (especially if you have short sale listings), Realtors have a right to run their business any way they choose to and if they want to choose not to work with short sales, that's their choice.

Now, having said that, if buyers want to pursue short sales and their Realtors refuse to work with short sales, then the buyers have a decision to make.  They are most certainly free to get another Realtor to work with who will assist them in pursuing short sales.  However, if they decide to continue working with that Realtor who refuses to work short sales, well then the buyers have made their choice - again!

Once again, I understand how frustrating this can be for short sale listing agents but blaming the Realtor for the decisions that buyers are making is just plain silly.  JMHO  Thx for stopping by Gina; I really appreciate it.  Have a good night and a wonderful week too!

Jan 01, 2012 09:19 PM #27
Rainmaker
598,882
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Marc - There's always a lot of great posts going up here to choose from.  I'm never at a loss for suggestions.  :)

Susan - I'm glad you enjoyed my post and really hope you enjoy the others as well. 

Michelle - I really enjoy Wallace's blog too!  I'm an learning so much from here and her property management experience is phenomenal.

Thx for stopping by folks; I really appreciate it.  Have a good night and a fantastic week too!  :)

Jan 01, 2012 09:23 PM #28
Rainmaker
493,470
Frank & Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...

Donne ~ Happy Belated Birthday!! Glad to hear your husband removed you from the computer made your day special doing fun things!!

Jan 01, 2012 09:57 PM #29
Rainmaker
1,076,838
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Donne ~ Keep calling your own shots.  I missed some of the posts and they look like they are well worth reading.  Hoping you have a great 2012.

Jan 01, 2012 10:11 PM #30
Rainmaker
1,110,167
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Happy New Year Donne, this week you chose some powerful blogs. With Gina's blog I think there needs to be a "IF". It is important  to ask a series of questions of a short sale. if they pass them, then a short sale could be a great buy, if they do not, the buyer should run the other way from it. It is great inspiration for a bklog. Thank You once again for now famous column. Your comments are always what makes these suggestions great

Jan 02, 2012 09:16 AM #31
Rainmaker
821,270
Lyn Sims
RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago - Schaumburg, IL
Schaumburg Homes

I am still confused over Joe's post about tenure. Sometimes the more graphs you have still doesn't knock the point of the post home. I didn't fully get it that's for sure.

I don't want a 'newbie' practicing on me in any capacity. I suppose in your profession you'd like a shiny new LO to give you a loan? That's the point that is coming across. Enthusiasm is nothing next to experience.

Jan 02, 2012 10:20 AM #32
Rainmaker
1,294,341
Richie Alan Naggar Author PEARLS SERIES of books
People first then business! Ran Right Realty Riverside, Ca - Riverside, CA
on LIFE and LOVE plus Real Estate too!

The tradition of Donne's re-posting continues into another great year...thank you Donne

Jan 02, 2012 10:23 AM #33
Rainmaker
716,249
Sharon Parisi
Keller Williams Dallas Premier Realty - Dallas, TX
Dallas Homes

Once again, thanks for calling our attention to some great posts that may have been missed!

Jan 02, 2012 11:16 AM #34
Ambassador
536,205
JO SOSS
HOMEFRONT Realty - Bremerton, WA
Kitsap County WA Real Estate - HOMEFRONT Realty

Donne, another great list.  I did miss a couple of these too.  With the holidays I am trying to catch up.  Happy New Year!

Jan 02, 2012 11:25 AM #35
Rainer
17,108
DIANNE ARNETTE
Williams Trew Sotheby's International Realty - Fort Worth, TX

Great post.  I agree that "steering" was a really bad word.  The success of short sale transactions has a lot to do the the experience of the agent.  There are definite "dos and don'ts"...beginning with communicating to the buying client about expectations.  For some buyers, a short sale most likely will not work for their needs.

 

I must admit that as an experienced agent in my area, I did not like the point you made that the "mega agent" would disappear once the contract was signed.  I have rarely seen a "newby" agent who offered the same excellent service, knowledge, and communication that I have offered my clients over the past 12 years.  My repeat business is a testimony to that.....and, I know lots of experienced agents who have the same excellent service that I offer.

Good blog....I will be a regular reader.

 

Jan 02, 2012 11:41 AM #36
Rainmaker
598,882
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Frank & Karen - Thank you very much for the birthday wishes!  That's very sweet of you!  Hubby and I had a really nice day.  I'm even going to be doing a localism post on the wonderful restaurant we spent New Years Eve at.  You know I have to blog about it.  LOL

Joan - I hope you enjoy them as much as I did.

Scott - Yeah, if I had written that post, I would have used some different words.  But it's not my post and Gina is free to use whatever words she wants - it's her post.

Lyn - Keep in mind that this post is just my own opinions based on my own personal experiences as a long-time homeowner and my professional experiences with my own clients.  I'm sure that there are other homeowners that will disagree with me and will only hire seasoned Realtors with decades of experiences.  However, I learned a long time ago, that while experience is important, it's not the only thing I consider when choosing a Realtor to work with.

While a seasoned Realtor may be experienced in marketing homes, they may be horrible communicators and have atrocious customer service skills (once again, I speak from experience when I say that).  For many folks, communication and customer service are just as important or even more important than marketing skills.  Not every homeowner or buyer wants to work with a mega team and they are willing to forego the whole "team" experience for some more personal service.  JMHO

Thx for stopping by folks; I really appreciate it.  Have a good day everyone and a wonderful week too!

Jan 02, 2012 02:17 PM #37
Rainmaker
598,882
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Richie - Thx for the support; I appreciate it.  :)

Sharon - I hope you enjoy them as much as I did.

Jo - It's hard to catch all the really great posts that go up here everyday, especially when we're busy.  I'm just glad that I can highlight the ones that I come across in my daily AR travels.

Dianne - As I mentioned above to Lyn, this post is just my own opinions based on my own personal experiences as a long-time homeowner and my professional experiences with my own clients.  I'm sure that there are other homeowners that will disagree with me because they were very pleased with the service they received from you as a result of your years of experience.  However, I learned a long time ago (after some horrible experiences with mega agents), that while experience is important, it's not the only thing I consider when choosing a Realtor to work with for my own personal real estate needs.

Furthermore, not every homeowner or buyer wants to work with a mega agent and they are willing to forego the whole "team" experience (and I use that word very loosely) in order to work with a less "seasoned" agent who offers much more personal service.  Not every newbie is some moron who doesn't know what they're doing and not all agents with a couple of decades in the biz are great agents. 

I'm just saying I wouldn't disregard a newbie just because they only have a few transactions under their belt and I'm not automatically dazzled by some mega agent with a gazillion transactions and a few decades of experience.  A Realtor still has to earn my trust, respect and business regardless of who they are.  JMHO

Thx for stopping by folks; I really appreciate it.  Have a good day everyone and a fantastic week too!  :)

Jan 02, 2012 02:35 PM #38
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