Rico Rivera

The Home Warranty King

Realtor.com analysis examines inventories, price trends and unemployment in 146 markets
By Inman News, Friday, March 23, 2012.

Inman News®
Image via Nata-Lia/ShutterstockImage via Nata-Lia/Shutterstock

Realtor.com’s latest top 10 investment markets report shows metros just off the beaten path leading the way.

Built from Realtor.com data updated through February 2012, the report put Tucson, Ariz.; Austin, Texas; and Kansas City, Mo., as the top current real estate markets to invest in. The top 10 list was built by analyzing the housing inventories, price trends and unemployment rates from the Bureau of Labor Statistics for 146 markets Realtor.com tracks.

Thanks to the jobs boom surrounding the University of Arizona and the Davis-Monthan Air Force Base, and an 8.19 percent drop in real estate owned (REO) properties along with a 3.03 percent median house list-price increase from a year ago February, Tucson, Ariz., tops the list. A median price of $170,000 anchors the market.

Austin, Texas, the “live music capital of the world,” with a median list price of $229,500, representing a 12 percent year-over-year increase, and low relative unemployment (6.3 percent as of December 2011), is a close No. 2 on Realtor.com’s top 10 markets to invest in. It’s usually a good idea to bet on breakfast tacos, live music and that laid-back Southwest charm that fuels the hip, beautiful capital of Texas.

Kansas City, Mo., too, features relatively low unemployment at 7.3 percent and a strong year-over-year median list price increase (4 percent) to bring the largest city in Missouri, and its renowned barbecue, into the top three housing markets to invest in, according to Realtor.com. Its cross-state cousin, St. Louis, caps the list at No. 10, with its strong job market, 7.5 percent year-over-year median list-price increase and 11.29 percent uptick in rate of speed a house sells compared to a year ago.

Rounding out the top 10, in order, are: Baltimore, Md.; Fort Worth, Texas; Salt Lake City, Utah; San Jose, Calif.; Raleigh, N.C.; Milwaukee; and St. Louis.
Location: Tucson, Ariz.

Median list price $175,000
Year-over-year price increase 3.03%
Percent faster time it takes to sell a house vs. last year 12%

San Xavier Del Bac Mission in Tucson, Ariz., via Shutterstock

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How to beat out competition when selling your home
By Paul Bianchina, Friday, March 16, 2012.

Inman News®
Curb appeal image via Shutterstock.Curb appeal image via Shutterstock.

It’s that time of year again, when I take a moment to talk to all of you who are thinking of putting your home on the market this spring. If real estate’s favorite old adage is “location, location, location,” then it’s got to be followed closely by, “You get only one chance to make a first impression.”

You can’t change your home’s location, but you can certainly do everything within your power to make that first impression a strong one, so let’s go over the basics of that all-important must-have for a successful sale: curb appeal.

Start with a step back

You’ve seen the outside of your house so many times that you don’t really see it anymore. So now’s the time to look at it with new eyes, from the perspective of a prospective buyer. And if you can’t do it objectively, get a friend, a neighbor or your real estate agent to do it for you.
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Put yourself in the buyer’s shoes, and make a written list of those things that might raise some concerns for you if you were thinking of buying it. And while the front of the house is the primary focal point, don’t overlook the sides and rear of the house as well. Here are some things to keep in mind:

Exterior paint: The color and condition of your home’s exterior paint job is one of the single most important things to a prospective buyer. The color makes a visceral impact the moment a buyer walks up, and while you might have thought that the hot pink siding with neon purple trim was a great showcase of your individuality when you painted the house, it’s going to severely limit the home’s appeal.

And no matter what color the house is, if the paint job is faded and peeling, it’s an immediate warning sign to buyers that the house hasn’t been maintained, so they’ll have their magnifying glass out to look for other defects.

If you’re handy with a brush and an airless sprayer, you might just want to undertake a repainting project yourself. A long weekend and a few hundred dollars in paint can make a world of difference in how well the home shows and how quickly it sells.

If you don’t want to paint the entire house — or if it doesn’t really need it — just painting the trim, exterior doors, garage door or window shutters can make a big difference as well.

Roofing: A bad roof is another indicator of a general lack of maintenance, and may point a finger at potential structural and even mold problems resulting from leaks. Roofs are expensive to replace, but depending on your market and your desire to reap top dollar from the sale, you may want to take a hard look at the economics of re-roofing.

Talk with your agent about the pros and cons of re-roofing now versus crediting the cost of a new roof to the buyer in escrow.

Driveway and walkways: Driveways are a pretty dominant feature in most homes. Clean any oil-stained concrete, and repair small cracks before they get larger. For asphalt driveways, a seal-coat can often make a big difference in appearance and help prolong the asphalt as well.

For concrete or asphalt that’s badly damaged, it’s time to be thinking about replacement. You can replace the driveway with the same material as before, or consider an updated look by using paving stones instead — they hold up well in all types of weather, and can even be a very satisfying do-it-yourself project.

How about walkways? When someone arrives, is there a clear and safe path to your front door? You may not mind walking across your front lawn, but guests and prospective buyers would definitely prefer a walkway. There are lots of options for creating a new front walkway or replacing an existing one, so check out your home center or some landscaping magazines for ideas.

Landscaping: Are things overgrown? Dead or dying? Obviously neglected? Landscaping is a huge part of that first impression, so remember to take a critical look at it.

Fertilize and water the lawn regularly to green it up, and run an edger along sidewalks and driveway edges.
Rake up leaves and pine needles.
Repair sprinkler systems.
Prune back or even remove those wild shrubs, and trim overhanging tree branches.
Use bright flowers to create borders and accent areas that add both color and hominess to the yard.
Consider adding new shade trees in front, which help a home look more established and appealing. Trees look best planted in odd numbers — a grouping of three or five for example — and the folks at your local nursery can help you with proper spacing.

Clean and organize: Finally — clean! If you’re not going to paint, wash down the siding to remove dirt and stains and get it looking fresh and clean. Wash driveways, walkways and patios. If you have a wood deck, consider a complete cleaning to restore the wood to a fresher look.

Wash all the windows, inside and out, and wash the screens as well. Polish doorknobs and light fixtures. Stow all of your garden tools and kids’ toys away to remove clutter and potential tripping hazards. Take a trip to the local landfill and dump all the stuff that’s accumulated in and around the yard.

Check the night view

One last thing: Check the night view as well. A home that shows well at night really creates an impression. Replace any burned-out lightbulbs, and consider adding a timer or two to keep the lights on a little longer into the evening.

Consider some low-voltage or solar lights to accent front walkways, and maybe provide up-lighting to accent trees and larger shrubbery. Keep a light or two on in the front windows as well, to add to the feeling of coziness and comfort.

Remodeling and repair questions? Email Paul at paulbianchina@inman.com. All product reviews are based on the author’s actual testing of free review samples provided by the manufacturers.

Zillow: metros with climbing values stretch from Fort Myers, Fla., to Honolulu

By Inman News, Wednesday, January 4, 2012.

Inman News®

<a href="http://www.shutterstock.com/gallery-63297p1.html">House chart image</a> via Shutterstock.com.House chart image via Shutterstock.com.

Editor’s note: This article is based on data compiled by Zillow, using the Zillow Home Value Index.

Metro areas off the beaten path, like Oklahoma’s Tulsa and Oklahoma City, bucked national trends to win a place on a top list of markets with the greatest year-over-year median home-value increases from October 2010 to October 2011, based on data compiled by Zillow. None of the top 20 U.S. metro areas by population size cracked this list.

The Tulsa metro area topped the chart at a 6.2 percent median home value increase to $101,000 — the lowest value among the nine markets — in that one-year timespan, followed by Oklahoma City’s metro area at a 3.1 percent bump.

Metropolitan Pittsburgh, at No. 22 in U.S. metro population size with 2.35 million people in 2010, according to U.S. Census data, was the most populated metro area in this list, coming in at No. 8, with a slight median home-value increase of 0.4 percent, and, interestingly, the only metro area on the list to experience a population dip from 2000 to 2010.

Metro areas in this list averaged a 1.6 percent median home-value increase over the one-year timeframe, with five of the nine markets showing median home values hovering around $100,000. Honolulu, Boulder, Fort Collins and Madison stretched the upper end of the spectrum, with median home values of $474,200, $304,000, $217,300, and $192,400, respectively.

Metro: Tulsa, Okla.

 

 

 

Median Home Value $101,000
Year-over-year Change 6.2%

Tulsa, OKTulsa Skyline via Shutterstock

RED (Renew, Energize and Donate) Day is a Keller Williams Realty service initiative dedicated to improving our local communities. All Keller Williams Realty associates in the United States and Canada were asked to donate their time on May 13, 2010 to renewing and energizing aspects of their local communities. Because of her constant commitment to the culture of our company, this day has been dedicated in honor of our Vice Chairman, Mo Anderson. I joined the Keller Williams Realty of Elk Grove and went to Sacramento High School. We repaired and painted the Baseball Field stands and repainted there gym. Below are some pictures of me and the gang at work.

Rico Rivera The Home Warranty King

Rico Rivera from Old Republic Home Warranty

Rico Rivera Old Republic Home Warranty

Rico Rivera Keller Williams Red Day

By Dr. Maya Bailey

Did you know that every successful professional has one thing in common? They all possess a strong level of emotional resilience. Were they born with it? No, in most cases they learned it as a skill necessary for survival in business.

What is emotional resilience?:

It is the ability to quickly return to a state of poise, confidence and ease no matter what curves are thrown your way.

Here are seven steps to gaining emotional resilience:

  1. Have a high level of belief in yourself:
  2. Know that whatever happens, you are offering something to the marketplace that is extremely valuable. Know your uniqueness and communicate it clearly.

  3. Have solid boundaries:You don’t need emotional walls in business but you do need to set and maintain solid boundaries. This especially includes the ability to say “no.”
  4. Always go for a win/win:Give yourself permission to know what you want and go for it. Make sure it is a win/win. Rule of thumb: If the interaction is not going to be a win/win, refuse to be involved in it.
  5. Keep an attitude of high intentions and low attachment:When you’re in negotiation, you need to be strong and assertive with a high intention to succeed. It may sound paradoxical but you must be detached from the outcome, knowing that you did your best.
  6. Remain focused on the task and keep your emotions in check:In your personal life, live it up! Have a ball! Allow yourself to laugh, cry and get angry. It’s good for your soul. In your business life, however, keep cool and keep your emotions in check. This will make it easier for you to attend to the task at hand.
  7. Stop trying to make your clients into your friends:If you really want to be emotionally resilient, don’t create dual relationships. They tempt you to get emotionally involved and then take everything personally. To be resilient, you need to stay impersonal, centered and calm.
  8. Create positive self-talk:Don’t let your Inner Critic run the show. Develop the voice of your Inner Ally so that you are always tuned into positive self-talk. You’ll hear statements like: “Good Job” or “Don’t sweat the small stuff.”

    How good are you at keeping your Inner Critic at bay and filling your mind with positive self-talk like “I’m proud of myself for…?”

Dr. Maya Bailey, Master Business Coach for Real Estate Professionals, integrates her 20 years of experience as a psychologist with 14 years of expertise in marketing. Her powerful transformational work creates a Success Formula for Real Estate Professionals ready to double and triple their incomes. To get your free report: “7 Simple Strategies to More Clients in 90 Days” and to apply for an Initial Complimentary Consultation, go to www.90daystomoreclients.com.

More than just a brochure…

your new Old Republic Home Protection Plan is an effective presentation tool!

The new, easy-to-use layout is designed to help you walk your clients through the benefits of the Plan, taking the guess-work out of what is covered and not covered. Your clients will appreciate the transparency of coverage, the expanded coverage additions, and of course, our commitment to providing stellar service!

New Pricing:

  • $270 – Single Family Home
  • $230 – Condo/Townhome/Mobile Home
  • Ultimate Protection Plan – Includes Standard Plan Coverage, A/C or Kitchen Refrigerator, Additional Enhancements to Coverage Items PLUS Improper Installs, Code Upgrades, Haul Away, Permits, Cranes, Refrigerant Recapture, Reclaim & Disposal
    • $350 Single Family Home
    • $330 Condo/Townhome/Mobile Home
  • $425 – Platinum Plus PlanBEST VALUE
    An Industry Exclusive!
    Includes Ultimate Protection PLUS Increased Coverage for Modifications (including Code Upgrades), Enhanced Stoppage, Toilet and Water Heater Coverage
  • $430 – Duplex / $545 – Triplex / $660 – Fourplex
  • $60 – Trade Call Fee

Your new Plan PDF is attached to this email; I will bring printed brochures to your office soon. You may also click here to view your Plan online.

Our current Plan will remain available through June 30, 2010.

Partnering in your success,

Rico Rivera

See California Plan 4.0 for complete coverage details.

Register on our Toolbox for FREE Marketing Tools
and to order Home Warranties.
Click here!
Old Republic Home Protection P.O. Box 5017 San Ramon, CA 94583

That’s right, your New, Improved, Easy-to-Read Old Republic Home Warranty Plan will be available in just two weeks!

Old Republic Home Protection
Standard Plan Coverage Includes:

    check 13 SEER/410A Air Conditioning Modifications
    check Undetectable Pre-existing Conditions for Home Buyer
    check Failure due to Lack of Maintenance
    check And Much More!

New Pricing:

  • $270 – Single Family Home
  • $230 – Condo/Townhome/Mobile Home

  • Ultimate Protection Plan -
  • $425 – Platinum Plus PlanBEST VALUE
    An Industry Exclusive! Includes Ultimate Protection PLUS Increased Coverage for Modifications (including Code Upgrades), Enhanced Stoppage, Toilet and Water Heater Coverage

Includes Standard Plan Coverage, A/C or Kitchen Refrigerator, Additional Enhancements to Coverage Items PLUS Improper Installs, Mismatched Systems, Code Upgrades, Haul Away, Permits, Cranes, Refrigerant Recapture, Reclaim & Disposal

  • $350 Single Family Home
  • $330 Condo/Townhome/Mobile Home

  • $430 – Duplex / $545 – Triplex / $660 – Fourplex
  • $60 – Trade Call Fee

Look for Your New Plan on June 1 at www.orhp.com

Our current Plan will remain available through June 30, 2010.
Partnering in your success,

Rico Rivera

See California Plan 4.0 for complete coverage details.

Register on our Toolbox for FREE Marketing Tools
and to order Home Warranties.
Click here!


Rico Rivera
Sr. Account Executive
(800) 282-7131 Ext. 1280
RicoR@orhp.com
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By Dirk Zeller

Marketing for referrals with mailers, calendars, recipe cards and other outreach and appreciation efforts is nowhere near as effective as prospecting for referrals by making personal calls and requests. Once you can personally convince prospects that you’re among the best in the field, referrals will follow.

When cultivating referral sources, realize that most people who send referrals your way do so for a variety of reasons, but above all, they recommend you for the following two reasons:

  • Friendships and trust. People like to help people they like and believe in. Take time to get to know those in the platinum and gold levels of your database and to let them get to know you. Share the vision you hold for your business. The result will be a vested interest in your success and the desire to help you achieve your goal.
  • People want to be champions. Each time you deliver superb service you create clients who are willing to champion your business. What’s more, based on your exemplary performance, you create clients who know firsthand that by recommending you they’ll become champions in the minds of their friends and family members.

It’s never too early to begin building referral relationships. You can start during the first meeting or phone call with any prospect, using a script such as this:

    “Fred, I build my business primarily based on referrals from clients. The benefit to you is that my focus will always be to give you the best service possible. The reason for this is I want to earn the honor to talk with you in the future about who you know that would benefit from my service. The only way I deserve to have that conversation is based on the job I do for you. I know that if you are delighted with my service, you will want to help me – and your friends will get the best service.”

When approaching referral sources, keep a couple of important rules in mind:

  • Rule #1: Respect the referral process. When you’re asking for referrals, you’re entering the hallowed territory of another person’s treasured relationships.Don’t ask for referrals by simply adding a throwaway line onto the end of another conversation by saying, basically, “Oh, by the way” before you ask for a business referral.

    A quality referral request should take at least five minutes; ten may even be better.

    My friend Bill Cates, the “Referral Coach” and author of the book Ultimate Referrals, advises that you advance your referral request with the statement, “I have an important question to ask you.” This forces a pause, builds anticipation, and sets the tone for a meaningful conversation.

  • Rule #2: Ask for help. If you’re soliciting referrals you are, in fact, asking for help. “I need your help” or “I value your help” are powerful keys for opening the referral floodgate.
  • Rule #3: Ask permission. In particular, ask permission to explore your client’s contact database – by learning of and gaining access to associates you might be able to serve. When asking for permission, use a script like this one:“I’m delighted that I’ve been able to serve you. I was wondering about others you might know in your life that would also benefit from my service. Could we explore for a few moments who else we might be able to serve?”
  • Rule #4: Get specific. Sharpen the focus of your request by leading clients into areas or niches where they have day-to-day relationships. Ask them about potential referrals to family members, people in their church, and prospects through school affiliations. If they are members of associations or groups, pull out the member roster and spend a few minutes talking about the names on the list.

Dirk Zeller is a sought out speaker, celebrated author and CEO of Real Estate Champions. His company trains more than 350,000 Agents worldwide each year through live events, online training, self-study programs, and newsletters. The Real Estate community has embraced and praised his six best-selling books; Your First Year in Real Estate, Success as a Real Estate Agent for Dummies®, The Champion Real Estate Agent, The Champion Real Estate Team, Telephone Sales for Dummies®, Successful Time Management for Dummies®, and over 300 articles in print. To learn more regarding this article, please visit http://www.realestatechampions.com

By Joseph Bridges

When you want to increase the activity in your social network, it’s time to release powerful status updates. Status updates are one of the easiest methods of social networking to complete and will result in getting serious interaction going with those in your network and create raving fans.

To get your network buzzing with activity on every status update that you release, you must use interest peaking updates. Interest peaking updates result in your network coming to life because they want to find out more. For example, if you wanted to let those in your network know about the new 410A Puron® requirement you could post the following status update:

“Freon is dead! Do you know what it would cost to fix your A/C unit if it was leaking Freon?”

or

“Don’t let your A/C unit cost you thousands. Discover how to protect your pocketbook from the new 410A Puron® requirement!”

These are much more powerful statements than simply stating “R-22 equipment is no longer being manufactured and that could cost you more money when your A/C needs repair or replacement.”

Interest peaking updates will get your network to come to life because people will want to find out how you can help them with their needs.

James & Joseph Bridges graduated Cum Laude from the University of Southern California with a degree in information systems. They were consultants to Fortune 500 companies on building their IT systems. They taught at the University of Southern California for six years where they instructed students and employees on how to implement Microsoft and web technologies. Since 2003 they have been real estate brokers helping people accomplish their goals in real estate.

They have developed extensive follow-up systems, pay per click strategies, social networking instructional materials, and SEO strategies that are used by real estate agents across the country. Their real estate team has closed over 100 million in sales from the Internet since their careers began. Both James and Joseph have attained certification through Google as Adwords Qualified Individuals. They offer free help to agents weekly via their 20 Minute Marketing Analysis program at 20MINUTEMARKETINGANALYSIS.COM

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