Archive for the ‘Real Estate’ Category

Rich Levin and The Housing Council on PSR – Listen NOW

Saturday, April 30th, 2011

House and Coyne have a full plate on Property Source Radio this Saturday with 2 guests. Rich Levin, a real estate “success” coach, and Joel Kunkler from the Rochester Housing Council.

Rich Levin is a nationally recognized real estate coach and shares some of his insights on both the Real Estate profession and the local real estate market. Even if you are not a real estate agent, you can apply a lot of his teachings to your own profession. If you would like more information about Rich Levin Success Corp – visit his website: RichLevin.com.

Joel Kunkler from The Housing Council talks about the upcoming Landlord Expo on May 7th at MCC Conference Center. The expo is filled with useful info for the Seasoned landlord to those looking to get into the business.

• Attend workshops with experts in their fields.
• Explore the exposition hall filled with a wide variety of products and services for your business.
• Meet Scott Mcgillivray from Home & Garden Television’s “Income Property”.
• Get the latest news to help you do business.

For more information and to pre-register for the expo – visit their website.

Listen to this show now!

This is Property Source Nation!

Carolyn Stiffler & City Living Sundays on PSR – Listen Now Online

Saturday, April 2nd, 2011

Join Steve Hausmann and Pat Coyne as they welcome Carolyn Stiffler, President of the GRAR and Associate Broker with Keller Williams Realty, to Property Source Radio on Saturday 4/2/11 (Show available now online – Click here to listen). Carolyn talks about the Rochester Real Estate market conditions, City Living Sundays and new technology for today’s Real Estate professionals.

Have you seen this image before?

You are going to see a lot more of this in print ads and real estate signs. With the smart phones, you can take a   photo of this image and it will take you to a website where you can get all the information on the home for sale. Kurio is developing the site for agents to use these bar codes. Tune in to the show for more info.

The Final weekend of City Living Sundays is this weekend, where they focus on Eastside properties. If you are interested in buying a home, now is the time! Don’t miss City Living Sundays from 12-4 at East High School. City Living Sundays is an event put on by the City of Rochester and showcases City Homes and City Living! Find homes for sale in Neighborhoods like:

- South Wedge
- Browncroft
- Park Avenue
- Culver Winton

Click here for all City Neighborhoods and Quadrants

Click here to see a list of the Open Houses scheduled!

If you are thinking of buying – this is a great opportunity to meet Realtors, Lenders and Insurance pros to get all of your questions answered. See image below for Locations and Times of the event! GRANT INFORMATION AVAILABLE ALSO!

Listen to this past show now.

Happy House Hunting!

City Living Sundays This Weekend – Tune into PSR – Saturday 3/26/11

Friday, March 25th, 2011


Join Steve Hausmann and Pat Coyne as they welcome Ted Wood of City Living Sundays this Saturday 3/26/11 on Property Source Radio!

City Living Sundays is an event put on by the City of Rochester and showcases City Homes and City Living! This weekend we focus on Westside. Find homes for sale in Neighborhoods like:

- Charlotte
- Maplewood
- 19th Ward
- Bullshead
Click here for all City Neighborhoods and Quadrants

Click here to see a list of the Open Houses scheduled!

If you are thinking of buying – this is a great opportunity to meet Realtors, Lenders and Insurance pros to get all of your questions answered. See image for Locations and Times of the event!

Sandy Waters from 98 PXY joins us in studio to talk new homes with Kartes Home in Greece!

Tune in live for Property Source Radio this Saturday morning from 9-10am on Sportsradio 950AM ESPN Radio or stream the show online.

Happy House Hunting!

Monroe Wheelchair on PSR – 3/19/11

Friday, March 18th, 2011

Doug Westerdahl joins us on Property Source Radio to talk about their products and services. There is a proposed change for the Wheel Chair logos that everyone is used to seeing.  Weigh in on your thoughts.

Property Source Radio is every Saturday morning from 9-10AM
Sportsradio 950 ESPN or you can stream the show!

Preparing Your House Before You List It

Friday, March 11th, 2011

by Kristen Noble
According to Peter Stoller, Director of Communications and Government Affairs with the Greater Rochester Association of Realtors, the median sales price of homes sold in Monroe and the 11 counties surrounding it in 2010 was $119,900.  This is a 3 percent increase from 2009.  Stoller also stated that there were 4 percent fewer homes for sale in 2010.  That is only a 5 percent difference in completed sales from 2009 to 2010.  Those are facts.  Be an optimist about today’s real estate market.
My personal experience, although it may be different from other agents, is that when researching comparable sales, homes are selling for less than during the tax credit period.  To me, that says one thing.  In order to get the best price for any property, it needs to look better than all its competition on the market.  Interest rates are still great.  Robert Everhart, Mortgage Consultant for First Rochester Mortgage, www.roberteverhart.com, states recent rates still allow you to get financing in the high 4% range.  I have been telling sellers that they may make as much profit, but they can make out well purchasing a home and getting a lower interest rate.
Do you want to sell your house quickly, have a smoother transaction, and get the most money for it?  If yes, it takes some money and definitely preparation.  I recommend several steps you can take to simplify the home selling process.  Do the obvious repairs needed such as holes in walls, chipped paint, and things around the house that aren’t working.  Get your carpets cleaned.  Have your furnace and chimney cleaned and inspected.  Having receipts readily available for buyers gives them a good impression. Documentation of warranties, proof of recent upgrades such as windows and roofing, as well as recent utility bills are a big plus for you.   Be proactive and have a pre-sale inspection done.  The price on this will be approximately $125 according to John White at Integrity Inspections.  You will learn of any hidden issues that need to be addressed that may arise from a buyer.  If you don’t have changes to your home such as sheds, home additions, swimming pools, and finished basements documented with a certificates of occupancy, a “C of O” from your village/town, get one.  Have your agent pull up your tax records on line.  Be certain that everything listed is accurate.  Many times they are not.  Upon completion, have your house professionally staged and professionally photographed. In addition to the photographs, insist on a virtual tour.  If your agent is not willing to invest in these things that absolutely promote your home, get a different agent.
Don’t think because you are a regular viewer of HGTV that you alone can stage a house.  Don’t think your agent can stage your house.   No matter what your listing price is, staging is imperative. You need a professional home stager.   I don’t want to hear one more person tell me that baking cookies before showings and de-cluttering is home staging. No kidding.  Really, that’s news to me.  There is a lot more to home staging than just common sense.  Leaving out a dirty litter box, getting clothes off the floor, removing  dirty dishes from the sink, keeping a toilet lid down, and getting globs of toothpaste out of the bathroom is a given.  You are selling a house, not getting a quote from a house cleaning service.
The efforts you put into preparing to sell your home may cost some money, but it will be well worth it.  Never list a vacant house.  These preparations will save you money in the long run and give you some peace of mind.  They need to be done no matter what your house is going to be listed for.  As always, if you have any questions or a request for a future article from me, let me know.

Staging Secrets

Friday, March 11th, 2011

You have decided to sell your home this spring. It is time to move on to a bigger space or smaller space. With spring approaching, the time to sell is now and now is the time to prepare your home for that quick sale.
Consider home staging. This does not mean a total redesign, it does mean however, a serious plan to make your home as inviting and desirable to prospective buyers.
So, where do we begin?
The first step to successful staging is to clean out and declutter. Remove all piles of newspaper, magazines, third class mail. Put all folders back into your office space. Clear off dressers and bathroom vanities. Clean up the laundry room. Rid the space of extra baskets and move extra bottles of soap into cabinets or down in the lower level on shelves. Neatly organize all closets, especially the master closet and main coat closet. Give prospective buyers the opportunity to visualize their belongings in large, clean spaces.
Depersonalize! Remove all family photos from tabletops and bookcases. Take a look at your fridge. Is it plastered with soccer schedules and coupons? Get rid of those too. Sort your child’s artwork into folders and store in bins that are out of sight. Sort your children’s shoes and donate outgrown hockey skates and soccer shoes.
Take a walk through your home and remove large pieces of furniture. The idea is to showcase the home, not your inherited, oversized secretary. Make the spaces in your home appear to be more spacious.  Purchase new toss pillows and remove heavy draperies. Let as much natural light in as possible. If you have a fireplace, clean the bricks and remove any accumulations of ashes. Neatly place a few logs in a large basket nearby.
Think about painting. Paint your rooms a soothing, warm, neutral color. Choose a shade that will appeal to most buyers. So, if you have a wall in your great room painted red, neutralize it. Repaint your master bedroom in a soft color and then paint the master bath two shades deeper. Buy a new duvet in white or ivory and keep patterns limited. Have your carpeting cleaned and wash any throw rugs.. or just get rid of them. If your dining room is formal, set the table with your finest china. Your prospective buyers will want to see if they can entertain here. Remove large pieces of artwork too, so the new owners can imagine their artwork on your walls.
To sell your home quickly and get your asking price, you need to prepare. A few days staging will pay off in the end.
The day of your first open house, purchase fresh flowers for the dining room and another bunch for the coffee table. A large basket of apples or lemons should be placed on the kitchen countertop. Remember to make your home smell inviting, crumble chocolate in a glass dish and place in a very low oven. The take away here is appeal to all the senses. Put on a classic CD, make away plans for your kids and yourself. Hand your home over to your selling agent, and relax and wait until you will quickly hear the word….SOLD!

2010 Women’s Council of REALTORS® Entrepreneur Of the Year

Wednesday, February 16th, 2011

Pittsford, NY – The Rochester Chapter of  Women’s’ Council of REALTORS® held their 2010 Entrepreneur of the Year Luncheon January 20th 2011 at Mario’s. The award was created to underscore the importance of individuals as successful participants in the business world. One of the highlights of the day was the guest speaker Carol Duquette, Vice President of Design Services and Maintenance for Wegman’s Food Markets Inc.

The Women’s Council of Realtors has a current membership of 12,800 women and men. They rank 12th in the nation among 700+ U. S. Women’s organization. The Rochester Chapter is the largest Chapter in the country.

The 2010 list of nominees were very impressive! The nominees were: Janet Clark, Jennifer Isaac, Sharon Quataert, Steve Vaisey and Lisa Wasson. They were all very qualified and the decision was not easy.

The winner of the Award is the first male nominee, Steve Vaisey.

Steve Vaisey is lifelong Fairport resident and has been selling real estate since 1984.  He joined RE/MAX in 1994 and, in addition to building his own personal business, he is one of the founding partners of RE/MAX Plus.

He has earned both the GRI and CRS designations, and has received numerous sales awards over the years such as GRAR and RE/MAX Platinum Awards; RE/MAX Hall of Fame Award; and RE/MAX Lifetime Achievement Award.

During his career he has continually served the real estate community as well as his clients on the local, state and national level with current and or past positions as: NAR Federal Political Coordinator; NYSAR Board of Directors; NYSAR MLS Committee Chair; NYSAR Nominating Committee; NYSAR Technology Committee; NYSAR Critical Issues Committee; NYSAR & GRAR Professional Standards Committee; GRAR REALTOR®/Bar Chair; GRAR IMF Trustee; GRAR Finance Committee; GENRIS Board of Directors; GRAR Board of Directors; GRAR Treasurer; GRAR Vice-Chairman; and GRAR Chairman of the Board.

He was awarded the GRAR REALTOR® – Associate of the Year in 1994 and GRAR REALTOR® of the Year in 2005 and was recognized as the New York State CRS Agent of the Year in 2004.

Steve has been active with many community organizations such as the Boy Scouts of America, previously serving as a Cub Master and Scoutmaster and currently a merit badge counselor.  He was a Compeer Volunteer for thirteen years; has served as on the Fairport Village Planning Board and has supported the Children’s Miracle Network for many years.

Steve Vaisey, Broker Owner, Re/Max Plus-585-223-7000

Branding: Subtle Secret to Explosive Marketing

Friday, January 28th, 2011

When I hear the word software I think of Microsoft.  The mention of soft drink means Coke or Pepsi to me.  Mention search engine and Google pops into my mind.  So how do you make your name pop into people’s minds when they hear the mention of Real Estate?

It’s Called Branding

Branding is the immediate association of a business name with its product type.  In Canandaigua, New York Cathy McWilliams means a successful Real Estate Experience.  In Springfield, Illinois Kyle Killebrew brings successful Real Estate to mind.  In Lahabra Heights, California it is Jan Fiore.  These Agent brands are worth hundreds of thousands of dollars, maybe more.  Can you establish a brand in your market in the same way?  Yes, you can.

Consistency is the key; consistency of your graphics and consistency of the experience of you.

It’s More Than a Name

To Xerox something means to make a copy of it.  You also believe that you can depend on a Xerox machine.  A Kleenex means a facial tissue.  You expect Kleenex to be decent quality.  When you Google (which is now a commonly used verb) you are confident that you will find what you want.  These brands are both recognizable by their name, their logo, and they are associated with dependable quality and service.  All of that, the name, the look, and the quality of service are all part of their brand.  A Real Estate Agent’s goal is to have the people in their market (which in most cases is simply their Spheres of Influence and farm areas) associate the mention of the Agent’s name, or seeing the Agent’s “brand” with a positive and successful Real Estate experience.

It takes more than a name, a slogan, or a logo.  A successful brand is also the promise of something verifiable by the consumer as they work with the Agent.  And to distinguish the Agent, the promise must be above the minimum expectation of quality.  For a Real Estate Agent, that means more than a basic level of service, attentiveness, and expertise.  So, how do you both create a recognizable brand and raise your quality of service above the basic levels?

Brand Graphics

Creating a successful look or visual brand is called Brand Graphics. It is not as intimidating as it sounds. Think of a Coke or Pepsi logo. It is a combination of a design, font, and colors.  And the Brand Graphic does not change for years or even decades. A Real Estate Agent’s Brand Graphics are also a simple combination of design, consistent font, colors, and use of their picture.  (View Agent branding samples.)

Brand Experience

Creating a successful Brand Experience is also easier than it sounds.  Many Agents have already done this and don’t realize it.  Think of your favorite store, restaurant, hair stylist, website, etc.  The way they greet you, speak to you, interact with you or in the case of a website, the navigation; there is consistency that you recognize and depend on.  When you call the Real Estate Agent, Thomas Howe in Lawrence, Kansas, you’ll hear some variation of “And a grand good day to you?” or “Hello and a glorious good morning.”  The way an Agent answers the phone, conducts their listing or Buyer presentation; the speed and frequency of communication, giving of gifts, how they report progress, use video or social media, all contribute to the experience of the Agent.  Consistency of that experience establishes their Brand Experience.

Be careful.  An Agent wants to choose the most positive experiences to construct their Brand Experience.  The way to discover which experiences to make consistent is to ask.  Call your Clients from the past year or two and ask the following questions.

In addition to learning the best experiences to build your brand around; you are making a strong professional impression and you will likely generate some referrals.

Ask, what they had heard about the way you do business? What do they remember most? What did they like and appreciate?

If they were to refer you, what would they say are the best things about the way you do business? Why did they choose to work with you? What do they think would be important for you to keep on doing, do more of, do differently, or stop doing?

Consistency is the Key

There is an important principle in marketing that says, ‘the time when you are getting bored with your brand is about the time when it is just beginning to work.’  Remember how long Coke, Pepsi, Kodak, Godiva, Google, and other extremely successful brands maintain their Brand Graphics and Brand Experience.  It is measured in decades.  Choose your brand characteristics and, unless there is a very compelling reason to change; keep your brand characteristics for at least two more years after you are feeling bored with them.

You Don’t Have to…

Finally, whenever I teach or coach marketing I ask Agents to write this down.  “You don’t have to get it perfect.  Just get it going.  And keep improving it.”  The way you do that is to choose deadlines.  By when will you have your web design chosen?  By when will you have your postcard designed?  By when will you choose the photo you will use?  Then, stick to those deadlines and move on to the next decision.  Keep it moving and you will realize that getting it going and then improving it, is a key to success in your marketing.

Rich Levin is a Real Estate productivity expert. His marketing expertise has transformed many average Agents into top Agents.  Rich conducts a free live 15 minute webinar every weekday morning to help Agents instill successful habits into their business.  Every Wednesday the webinar topic is marketing and branding.  You can register at www.FreeCoachingWebinars.com.  For coaching or speaking opportunities contact Rich at 585-244-2700 or Rich@RichLevin.com.

The Greater Rochester Association of REALTORS® Releases 4th Quarter & Year-end Residential Stats

Friday, January 28th, 2011

Fourth Quarter statistics released by the Genesee Region Real Estate Information Services (GENRIS), the information subsidiary of the Greater Rochester Association of REALTORS® (GRAR) reflect the consistent trend of 2010, a stable and growing appreciation in home values within the local housing market in the 11-county region.

The median sale price for the Fourth Quarter of $119,500 reflected a 5 percent increase compared to last year at this time.  Transactions for the Fourth Quarter 2010 showed a 31 percent decrease over Fourth Quarter 2009, with 2,134 homes sold, which is most likely due to a more traditional Fourth Quarter this year matched against one spurred by the Federal Homebuyer Tax Credit last year.  The number of homes listed was down 11 percent over Fourth Quarter 2009.

“With the Tax Credit, we essentially experienced nine months worth of buyers that went through the market in a period of four months,” stated Carolyn Stiffler, president of the Greater Rochester Association of REALTORS® Board of Directors.

Regardless of this Fourth Quarter being compared to a Tax Credit driven one, the slowing sales trend is typical and expected for the seasonal housing market in Greater Rochester at this time of year.  Home sales tend to slow during the holiday season and continue to do so through the early part of the New Year.  Resurgence in sales is usually seen toward the beginning of the Second Quarter, which signals the start of the spring market.

“Those buyers who remain active during the winter months, however, will benefit from continuing favorable affordability conditions and still-low mortgage rates,” said Stiffler.

GRAR Officials also noted that 2010 overall was relatively stable in our market despite the negative effects of the national recession in other markets across the country.  Overall, sales for 2010 decreased 5 percent and homes listed for sale was down 4 percent in comparison to 2009.  Median sale price rose 3 percent in 2010 over the previous year.

“The Tax Credit statistics in the midst of a recession make it difficult to accurately gauge activity as a comparison,” remarked Ryan Tucholski, chief executive officer of the Greater Rochester Association of REALTORS®.  “With a conservative economy like Rochester’s typically there is a delay that occurs entering into a recession and with that there is equally a delay in recovery.  However, the increase in median sales price not only in the slow Fourth Quarter but for the whole year perhaps provides a glimmer of uncharacteristic early recovery and points to the resiliency of the Rochester market.”

Other good news included the 5 contiguous counties to Monroe County all realized overall increases in median sale prices in the Fourth Quarter 2010 as compared to the same time in 2009 despite some of the major towns and/or cities in those counties seeing decreases in median values.  There were several towns within Monroe County that enjoyed sales gains overall in 2010 as compared to 2009.  They include:  Clarkson, Hamlin, Ogden (Spencerport Village), Parma (Hilton Village), Riga (Churchville Village), Penfield, Pittsford (Pittsford Village) and Rush.   Out of the total of 20 towns and villages listed in Monroe County, 17 saw an increase in the median sales price for the year.

GRAR will continue to support the local residential real estate industry through its TIME2BUY® marketing campaign, which focuses on the benefits of owning a home and using the services of a REALTOR® when buying and selling a home.

Home Staging is Essential for current market in Rochester NY

Friday, January 28th, 2011

By Kristen Noble

I am both a real estate sales agent and home staging & re-design professional. I can’t believe more agents are not using a professional home stager! There are fewer buyers on the market and Interest rates are going up. These two issues are a powerful combination. After attending the “Triple Play” convention in Atlantic City, NJ recently, it was advised to get all your clients that planned on listing in the spring to do it now. Your listings have to look the best compared to others in the same price range to sell. Here enters home staging.
Being an experienced professional home stager and saying as an agent that you “stage” all your listings are two completely different things. Home staging is far beyond doing common sense things such as de-cluttering and repairing rooms.
A home staging professional should have completed one or more home staging programs, have an inventory, take professional level photographs, and have a complete portfolio of before and after photographs of their recent jobs, and references.  Ask the stager the difference between staging and decorating.  Ask how your household will be able to function during the selling process. Balancing a rooms through colors, furniture placement, and accessories are essential for showings. A simple furniture re-arrangement can really showcase a room. Stagers should be able to give examples of their work through portfolios and have references as well. Look at their photographs.  If you had the option to view one of the homes in the portfolio, would you want to?
Many agents are now using professional home stagers.  Multi-million dollar sales agent for Danielle Windus Cook Properties, Cindy Ingraham, re- listed a home that she has been trying to sell for the past two years.  Once listed after several weeks she still had no requests for a showing.  Cindy hired a professional home stager.  Within four days she had an offer. Another one of Cindy’s success stories was when she had a home staged before listing it.  The home sold in 24 hours.  Cindy said, “It is no doubt that home staging helped sell these properties.”
Most recently I met an agent that dropped the price of one of his/her listings by $10,000.  The home is vacant.  It would have cost far less to have the home staged and professionally photographed.  Professional stagers offer consultations, free estimates, and hands on staging.  During hands on staging stagers use items from your own home and re-arrange them as well as bring in accessories.  RESA, the Real Estate Staging Association for professional stagers, released some statistics on the effectiveness of Real Estate Staging.  The study was taken between 1/09 and 12/09.
126 vacant and occupied homes previously spent on the average of 263 days unsold. Those same homes were staged and sold in 60 days on average. This is 78% less time on the market after staging.
Home staging in Rochester NY will not necessarily get you a lot more money in the sale of your home. The staging will get you more showings and offers closer to your asking price.  If you aren’t using a home staging professional your competition will be.