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Using Quotes to Achieve Success in Business, Investment, Residential and Commercial Real Estate - Part V

Robert Pliska: Commercial Real Estate Agent in Birmingham, MI

Using Quotes to Achieve Success in Business, Investment, Residential and Commercial Real Estate – Part V

By: Robert J. Pliska, CRE, CPA

Investment, residential and commercial real estate and business in general has been trying in the last few years. An area that may help you as a real estate owner, investor and/or broker/advisor is to improve your attitude and your mental psych as we progress to the road to recovery. A way to do this is to latch on to a few quotes that you feel appropriate to keep your enthusiasm up, provide momentum to get through a crisis, add a little humor to a difficult situation, use to close the next deal, provide impetus for a good return on your investment and any other way you see appropriate. This has helped many as investment and commercial real estate advisors and owners. After all, history has shown that many have gone through worse battles than we have experienced and they found a way to be positive and have the will and perseverance to continue forward and eventually achieve success.

As many others do, I "tweet" on Twitter. My handle is http://twitter.com/rpliska. I am also on LinkedIn http://www.linkedin.com/in/rpliska and Facebook. I use these quotes often to help my followers maintain a positive attitude and give them the will to proceed in difficult situations. Feel free to follow. This is Part V of four similar blogs primarily taken from tweets and LinkedIn posts recently posted (feel free to google “Robert Pliska quotes” for the other four blogs). They may assist you in maintaining a positive attitude and provide the will to continue forward for investment and sales success in investment, residential and commercial real estate. They all seem to have some relevance to real estate or success in some way. I am sure all of us can and will come up with many, many more.

“The longer you hang in there, the greater the chance that something will happen in your favor. No matter how hard it seems, the longer you persist the more likely your success,” ~ Jack Canfield

"You cannot swim for new horizons until you have courage to lose sight of the shore" ~ William Faulkner

"You don't have to swing at every pitch. When you are ready, it looks like a fat slow moving ball." ~ Warren Buffett

“I've always made a total effort...I never quit trying" ~ Arnold Palmer

"When you confront a problem you begin to solve it" ~ Rudy Giuliani

"If we wait for the robins, spring will be over" ~ Warren Buffett

"If you expect greatness, greatness shouldn't surprise you" ~ Justin Verlander

“A leader must have integrity, be a ‘servant leader’ (have the best interests of their followers at heart), is willing to make tough decisions and leads by example” ~ Dan Akerson, CEO, GM

"I learned that if you want to make it bad enough, no matter how bad it is, you can make it." ~ Gale Sayers

“Promise yourself that you will talk health, happiness and prosperity as often as possible; promise yourself to make all your friends know there is something in them that is special that you value; promise to think only of the best, to work only for the best and to expect only the best in yourself and others; promise to be just as enthusiastic about the success of others as you are about your own; promise yourself to be so strong that nothing can disturb your peace of mind; promise to forget the mistakes of the past and press on to greater achievements in the future; promise to wear a cheerful appearance at all times and give every person you meet a smile; promise to give so much time improving yourself that you have no time to criticize others; promise to be too large for worry, too noble for anger, too strong for fear and too happy to permit trouble to press on you.” ~ John Wooden

“I definitely need to use my chances when they come because definitely there won't be many.” ~ Roger Federer

“You’d better be picking up snow as you go along, because you’re not going to be getting back up to the top of the hill again. That’s the way life works.” ~ Warren Buffett

“You must come from love—of yourself, others, justice and the planet. I teach people to come up with a purpose statement, to live life in love and joy and not be abusing people or destroying the planet.” ~ Jack Canfield

“As a leader, it is our job to take measured and appropriate risks” ~ Patrick Doyle, CEO

“Be true to yourself, make each day your masterpiece, help others, drink deeply from good books, make friendship a fine art, build shelter against a rainy day , pray for guidance and give thanks for your blessings every day” ~ John Wooden

“And for the team, I always try to do the right thing" ~ Steve Yzerman

“Nothing you wear is more important than your smile" ~ Connie Stevens

“Baseball is simple. If you have good players, keep them in the right frame of mind, then the manager is a success." ~ Sparky Anderson

The person that said winning isn't everything, never won anything.” ~ Mia Hamm

"Politics and war are remarkably similar situations" ~ Newt Gingrich

"Don't let yourself be beat by superman" ~ Sparky Anderson

"Without labor nothing prospers" ~Sophocles

"I will never relent in defending America - whatever it takes" ~ George W. Bush

“I don't care about 3 yrs ago... 2 yrs ago....last year. The only thing I care about is this week.” ~ Tom Brady

"I am building a fire, & everyday I train, I add more fuel. At just the right moment, I light the match.” ~ Mia Hamm

"Some days you're the dog, some days you're the hydrant" ~ Unknown

"You know your talent. You know if you work hard, your hard work is going to pay off one day." ~Albert Pujols

“Mentally, the only players who survive in the pros are the ones able to manage all their responsibilities.” ~ Tom Brady

“If a team wants to intimidate you physically and you let them, they've won" ~ Mia Hamm

Hope some of these quotes help you in your role in business, investment, residential and commercial real estate!

Wishing you continued success!

Winter Market at Shain Park in Downtown Birmingham Michigan

Cathy Tishhouse Royal Oak Real Estate: Real Estate Agent in Royal Oak, MI

Second Annual Winter Market in Shain Park in Downtown Birmingham Michigan was held December December 2 – 4. The city welcomed the holiday tradition with a rich European flavor. Activities included carriage wides, visits to Santa House, ice carving and a girl making a jump rope (depicted in this video). It was a bit chilly but there were hot drinks (and heaters) at various stations to create a bit of warmth.

In keeping with the traditional German holiday market, the Birmingham Winter Market featured artisans and craftsmen selling holiday decorations, housewares, candies, baked goods and other products. Live entertainment is enjoyed by all throughout the weekend by various area choirs. Fundraising booths feature local non-profits, youth groups and others selling items and products.

Birmingham Realtor selling Oakland County Real Estate. TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan. Helping People in a challenging market by specializing in Short Sales. See what my clients have to say about my extraordinary customer service. Follow me on Twitter.

Short sale Birmingham Michigan Tip #58, understanding the short sale parties!!!, Mike Sher (248) 644-4700 x 242 Max Broock Certified distressed property expert.

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Mike Sher
Mike Sher: Real Estate Agent in Bloomfield Hills, MI

Often short sale sellers and short sale buyers get confused about “how many cooks are there in the kitchen”.

· A buyer can’t understand how they write a full price offer on a home and yet 60 days later the bank counters above the list price.

· Or, a seller who was told that the short sale was approved by the bank (servicer) and then 30 days later FNMA the “Investor” denies it.

· Sometimes the listing agent tells the buyer’s agent that the short sale was approved with certain terms and after the buyer writes that offer, the bank comes back with completely different terms.

· Another common issue is that the servicer tells the seller that they will get full deficiency release but a week later, the Mortgage insurance company refuses to close without a seller signed promissory note.

· The biggest concern is why are all of these issues taking SO LONG to come to the surface.

As illustrated on this chart. Bank of America, like many servicers are agents to an investor and sometimes to a mortgage insurance company. So the Servicer is not a principal but a middle person. Much like the listing Realtor is a middle person to the seller, the buyer’s agent, buyer’s lender and the buyer.

Step1. The listing agent and the Servicer, like Bank of America, try to broker a deal that all parties can agree to, sometimes even before they have an offer. We do this through negotiations where both agent and servicer present cases on what each of the terms should be and why.

Step2. Once that is agreed upon, the listing agent offers those terms to the buyer’s agent and the seller. If countered, the servicer and listing agent negotiate another settlement. Once agreed by the servicer, seller and buyer.

Step3. Servicer sends the approval to the investor and/or mortgage insurance company

Step 3B. If there is more than one lien/loan on the home, the listing agent will simultaneously negotiate that file as well.

Step 4. Investor will accept, deny or counter the file. Each of these outcomes requires further negotiation. Even an acceptance by the investor may still need negotiation if the terms are unreasonable to the seller. More negotiation is often needed at this phase.

Step 5 once approval is agreed upon, the buyer gets his/her financing and as long as the home appraises, the sale should be fine.

It is critical that the realtor negotiating the short sale has a clear understanding of the process and the parties of the transaction. That realtor has to have a track record of closing short sales. Ask for references and proof that the realtor has closed dozens of short sale before listing your home with them or writing an offer on their short sale listing

Mike Sher
Max Broock Realtors
248 496-1572

2010 results: 75 units sold, over $10,000,000,00 in sales and 365 days of FOCUS!

The Mike Realtor Team sells Homes in Bloomfield, Birmingham, Beverly Hills, Farmington, West Bloomfield. Rochester, Troy, Novi, Huntington Woods, Royal Oak & Auburn Hills. Call us at (248) 644-4700 X 242 or check us out at www.ShortSaleOaklandCounty.com or www.mikerealtor.com Mik

Robert J. Pliska, CRE, CPA Receives Public Service Award from the Michigan Association of CPA's

Robert Pliska: Commercial Real Estate Agent in Birmingham, MI

ROBERT J. PLISKA, CRE, CPA RECEIVES THE PUBLIC SERVICE AWARD FROM THE MICHIGAN ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS

BIRMINGHAM, MI, October 3, 2011– Robert J. Pliska, CRE, CPA, Managing Director, Sperry Van Ness, Birmingham, Michigan was honored with the Public Service Award from the Michigan Association of Certified Public Accountants at the Townsend Hotel in Birmingham. Mr. Pliska received the award for his activities, accomplishments, impact on the community, commitment and innovation while providing outstanding service as a valued member of the profession. He has shown his continual substantial involvement with civic and community activities throughout metropolitan Detroit, the state of Michigan, and the United States. The award is given once a year. Mr. Pliska was nominated from 18,000 members of the Michigan Association of CPA’s.

Pliska has over 35 years of commercial and investment real estate experience. He specializes in the sale, leasing, financing, managing, consulting, accelerated marketing and auctioning of apartments, office, industrial, retail and hotel properties and has secured more than $1.5 billion in real estate transactions. Pliska served as president and/or officer of several commercial real estate firms. He also holds the prestigious CRE, the designation of an international group of very high profile professionals that includes members of prominent real estate firms. Only 1,100 practitioners throughout the world carry the CRE designation, denoting the highest recognition in the real estate industry.

His activities include, among others, being on the board for such organizations as the International Institute of Detroit, Childhelp USA, the Birmingham Bloomfield Symphony Orchestra, Holy Cross Children’s Services, Madonna University and Legatus. He has been supportive of many other organizations including Michigan Bach Festival (past president), Cranbrook Academy, Angel’s Place, Capuchins Soup Kitchen, Child Abuse and Neglect Council, Karamanos Cancer, the Parade Company, the Smithsonian Academy of Arts, the Detroit Symphony Orchestra, the Detroit Institute of Arts, Leukemia and Lymphoma Society, the Great Lakes Music Festival, Birmingham Community House, Variety, Hospice of Michigan, St Vincent de Paul Society, the Lennon Center, Cornerstone Schools, and many others. For further information see Robert Pliska

Additionally, he is active in many business related groups to improve his profession including serving as president of the Commercial Board of Realtors, the Communications Committee of the Counselors of Real Estate of the National Association of Realtors, the Communications Committee of the Michigan Association of Certified Public Accountants, International Board Member and Membership Chairman of an International CEO group, Life Member of the Economic Club of Detroit, Chairman and Treasurer of the Real Estate Answer Forum, Detroit Chairman of the Real Estate Cyberspace Society, Board of Directors of the Real Estate Roundtable, member of the Birmingham Bloomfield Chamber of Commerce, member of the International Council of Shopping Centers, member of the Association for Corporate Growth, member of the alumni association of Michigan State University and many other groups.

Founded in 1987, Sperry Van Ness is one of the largest commercial real estate brokerage firms in the United States with over 900 advisors in 150 locations. Sperry Van Ness provides advisory, brokerage consultation, asset management, property management, leasing, financial, accelerated marketing and auction services. To provide the highest value to its clients, Sperry Van Ness is the only national firm that in addition to marketing to investors and existing clients, implements an immediate proactive strategy to market all listings to the brokerage community sharing its fees 50/50. Guided by this principal of proactive compensated cooperation, Sperry Van Ness, based in Irvine, Calif., has advised clients on billions of dollars in office, multifamily, retail, industrial, hospitality and land transactions. For more information, please visit www.svn.com.

Market Analysis & Statistics For Homes Sold Birmingham MI August 2011

Cathy Tishhouse Royal Oak Real Estate: Real Estate Agent in Royal Oak, MI

Market Analysis & Statistics For Birmingham MI August 2011

August 2011 median sale prices increased 08% from July 2011 & # of homes decreased 27% in August 2011 from July 2011. Private owned homes median price increased 14% in August 2011 from July 2011. Bank owned homes median price increased 37% in August 2011 from July 2011. August 2011 median sale price increased 09% from August 2010. Yr ending August 2011 median sale price compared to yr ending August 2010 increased 10%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds August 2011

236 listings:

35 Sold listings:

Average List Price $615,054 Average Sold Price $407,546
Median List Price $450,000 Median Sold Price $370,000
Highest List Price $3,400,000 Highest Sold Price $910, 000
Lowest List Price $14,975 Lowest Sold Price $ 90,000

Avg. DOM

165

Avg. DOM

109

Private Owned

228 listings

Private Owned

32 Sold
Median List Price $459,000 Median Sold Price $394,950

Bank Owned

8 listings

Bank Owned

3 Sold
Median List Price $206,400 Median Sold Price $218,900

Active & Solds July 2011

249 listings:

48 Sold listings:

Median List Price $449,900 Median Sold Price $338,583

Private Owned

241 listings

Private Owned

45 Sold
Median List Price $450,000 Median Sold Price $340,000

Bank Owned

8 listings

Bank Owned

3 Sold
Median List Price $141,200 Median Sold Price $138,000

Active & Solds August 2010

233 listings:

32 Sold listings:

Median List Price $449,900 Median Sold Price $337,375

September 1, 2010 – August 31, 2011

600 listings:

399 Sold listings:

Median List Price $350,000 Median Sold Price $290,000

September 1, 2009– August 31, 2010

621 listings:

420 Sold listings:

Median List Price $341,000 Median Sold Price $260,000

Birmingham Market Analysis compares only median sold price of residential homes sold in August 2011 with July 2011 & August 2010; year ending August 2010 with yr ending August 2011. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $10,000.

Click here to view Birmingham Michigan previous months market statistics.

Click here to view Bloomfield Hills & West Bloomfield, Michigan for more market statistics.

or visit our new website about Birmingham Michigan Homes to learn more about Birmingham & search for homes.

Birmingham Realtor selling Oakland County Real Estate. TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan. Helping People in a challenging market by specializing in Short Sales. See what my clients have to say about my extraordinary customer service. Follow me on Twitter.