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Barbara Todaro "Franklin MA Homes"

Market Report For Closed Condominiums in Franklin Ma for 2009

The chart describes the breakdown in price range for closed condominiums in Franklin, Ma. The under $100,000 price range reflects buildings that house converted condominiums. That is not our strongest sector. The price range of over $100,000 to $200,000 is a reflection of a variety of condos which includes 20 year old townhomes and some larger converted units.

From $200,000 to $300,000 is the range for 20+ year old condominium subdivisions in Franklin. The $300,00 to $500,000 reflects our active adult communities along with our younger conventional condominium communities.

The condo market in Franklin was a strong market in 2009, and we fully expect that 2010 will continue along that path. There were a total of 100 closed condominiums in Franklin for 2009.

This representation is based on data provided by MLS-PIN who does not guarantee the accuracy and the data may not reflect all real estate activity.

The Top 5 Agents In Franklin Ma For 2009

The chart shows the top 5 agents in the town of Franklin, Ma for 2009, according to MLS-PIN. RE/MAX Executive Realty in Franklin, Ma is home to the top four real estate agents doing business in Franklin. The fifth place position is taken by a Century 21 Commonwealth agent.

MLS determines rankings with dollar volume. RE/MAX Executive produced the largest dollar volume for the 2009 year. We have ranked in first place for the past 10 years.

RE/MAX Executive Realty is one of the largest real estate firms in metro-west in dollar volume.

This representation is based on data provided by MLS-PIN who does not guarantee the accuracy and the data may not reflect all real estate activity.

Don't Shoot Yourself In The Foot !!!

Why do buyer agents assume that the builder will negotiate his price? I think many buyer agents have convinced their buyers that everything is negotiable, and now they have backed themselves into a corner. Apparently, to energize the buyer to participate in the market, the buyer agents are brainwashing these unsuspecting buyers with the thought that every builder is hanging by his fingernails. This is far from the truth.

Every sale price is not negotiable. Our entire new construction inventory is selling at list price. There are optional upgrades that may be negotiated and included as part of the package, and our builders are all willing to do that. We have refused offers and not counter offered, if the initial figure is off the charts!!! New construction is selling and banks are providing financing for it. Prices have already been adjusted to what the market will bear. Builders are building their inventory now. There are new spec houses under construction. The market is gaining momentum and showing positive results. We fully expect 2010 to be a much improved year for new construction.

Real Estate Is A Disciplined Profession

When I think about the real estate profession, I reflect on how self-disciplined we need to be every day. Real estate agents don't usually receive the credit they deserve for consistently surviving year after year, despite changing market conditions. Because we don't punch a clock or answer to the master every day, we are categorized as having an easy job. We can come and go as we please, and if we want to escape one day, poof, we're gone.

There is such an unjust label attached to our profession. The real estate business requires self-discipline, and that discipline comes in many varieties. An agent who is continually producing at consistent levels every year is the most disciplined individual of any participant in most professions. Our income is justifiably proportionate to the degree of discipline that we exhibit. Real estate agents are a diverse group of participants, and in turn, the degree of discipline fluctuates respectively, as does their income.

Start the New Year with a new attitude and a new perspective. Establish a disciplined routine and a mindset that will enable you to reach that next level. Your accomplishments will be rewarding and deservedly so.

My Greatest Motivator......FEAR !!!!!

We all have different feelings that motivate us. My greatest motivator in the real estate business is FEAR. That one emotion will make the adrenaline flow faster than any other. The fear that the phone will not ring, the buyers will go elsewhere, the agents will not call us to show our listings, we will not have any new listings etc. are the greatest motivators to work smarter. That one emotion is responsible for my not abandoning my marketing, even for a short period of time, while my team and I are very busy with no time to spare.

The marketing continues as if we were out of business. Once a marketing program is in place, it stays in place, as long as it works. There are many agents who think that once the phone starts ringing because of direct mail, as an example, the mailings can be sent less frequently. This is far from the truth. If every deal is thought of as your last deal, your marketing routine will never stop, and your year will be a very successful one. Stay in motion.