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Author Archive for Joe Farro

Smart Ducks

Wednesday, March 9th, 2011

We all are continuing to experience the changes and some are adapting very well.  I remember last year discussing The Good and The Great.  Well we are here at this crucial point and we are seeing the good are exiting the business and the great starting to make moves.  Still many opportunities -  are you taking advantage of all that you can? 

From the KCM Blog this morning:

You can learn so much just by observing nature. Last week, I was staying at a fabulous hotel in southern California. My wife and I were having lunch at an outside table at the hotel restaurant. It was impossible not to notice the ducks that gathered around the tables at the restaurant looking for food. The birds would wait for the people to leave and then they would flock to the tables looking for crumbs that were dropped to the floor. There were dozens of birds fighting over the scraps left behind. Every duck did the same thing; except for one.

This duck was different. Instead of waiting for the couples to leave, this duck would wait only until the food was originally delivered. At the moment the staff delivered the food, the duck would race to the table and look up at the people who were about to eat. Surprisingly, every person immediately took something from their plate and feed it to this duck. They fed the duck BEFORE they began to eat.

This duck didn’t settle for scraps and leftovers. He ate the best food off the plate. This duck didn’t fight with dozens of others. He was alone when the customers fed him.

It was truly amazing.

It made me think about the difference in real estate agents. Some will list a house, put it on MLS and hope for the best. Others will represent a buyer by simply checking the MLS to see if a suitable house is available for sale. They are like many agents in the marketplace. They are waiting for something to happen. Just like all those other ducks.

Then there are agents who will take it upon themselves to make something happen. They will diligently search for the buyer of their new listing. They will knock door-to-door looking for the perfect house for their new client who is dreaming of a new home for their family. They are like that special duck. They are not waiting for the leftovers.

Bottom Line

In all of nature, some wait for things to happen and others make things happen. Don’t settle for scraps.

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Homestead Exemption Reminder

Monday, January 31st, 2011

If you have not done so please take a contracts class. I attended one of Howell Haunsen’s at MSAR earlier in the month and it was excellent. The new contracts are improved – especially with regard to the addendum’s for FHA/VA/Conventional. It greatly simplifies the need to use other addendum’s as it now covers the loan and appraisal concerns. Hope to see more of these soon. Please pay attention to timelines. I am still seeing 5 day due diligence timelines as well as 2 week financing contingencies. This in my opinion is still unrealistic. If I am looking at this wrong please let me know (buyer’s agents only)

To assist with the needs to communicate this we are going to now update all parties on appraisal/title order and received dates.

Lastly, just wanted to thank those we worked with last year and let you know what we are doing for you and our clients. Below is a sneak peak of a partial copy of the email that is going out to the clients closed in 2010 – reminding them to file for homestead exemption before April 1. If you were the referral source we now included you in the message – just look below. The message will be sent out on Monday!

This is a great time for you to reach out to others if you hadn’t already done so!

USDA is Back!

Thursday, August 19th, 2010

Been a while.  A bit of good news in the heat -  USDA is back and ready to go.  The up front fee is now going to be 3.5% for purchases.

Please visit the easy notes for the program guidelines as a refresher.

Idea I heard as you are planning your business for the end of the year

            -  Keep it small and keep it all!

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