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Joshua Jarvis

Chateau Elan Networking Elites 60 Second Spotlights: Tony Woodall

Chateau Elan Netowrking Elites BNI group has become the premiere group in the Chateau Elan area located in Braselton, GA. BNI, like the chamber of commerce has a 60 second commercial or elevator pitch or spotlight presentation.

Most new networkers have never done one and, although I am completely biased, I think we have some of the best.

Here's Tony Woodall with the Coffee News:

Video Explanation of The Market Crisis

A friend forwarded this over to me and I thought it explained the Credit Crisis very well. Worth the 10 Minutes.



Mortgage Rates at 4% - Not the cure

Sure 4% interest rates will cause even more people to refinance and it might even get people off the fence... but who is still on the fence when they could have had rates as low as 4.5%. Don't get me wrong a half point is significant, but I think we can all agree that the mortgage rates are low enough. I'd prefer to see more options and releasing of some of the restrictions. The pendulum has swung completely on the other side. People are stuck paying $1,500 a month in rent with good jobs but can't get a loan for some of the crazy restrictions.

With all the foreclosures and short sales out there, the deals are bountiful. There never has been a better time to be a .... QUALIFIED ... buyer.

So while 4% interest rates will be good for home owners, I doubt the mortgage rates will effect buyers anymore (until they go back up).

Conversations In Short Sales in Atlanta, GA

Short Sales seem to be the buzz word right now. Everyone and their brother has some experience with a short sale or do they?

I thought I'd do some fact finding and see what's going on. To be sure, I am in the Short Sale business now with Atlanta Short Sale Listings you can find all the homes in Atlanta Metro area.

  • You can read my conversation with another agent about prospecting (calling) for sale by owners that led to short sale revelations.
  • I also spoke with Ann Urias and she said the key was getting the price right in the beginning. Not too low to kill the deal, but low enough to actually attract buyers. She also poo-pooed on the investor buying the homes to flip them at the closing table. I didn't have enough time to figure out if that was market specific or actual. Since I've had a lot of great transactions with Short Sale Buyers.
  • I also wanted to share with you that not everything is as it seems. There are agents in our area touting the Short Sale Expert tag, but they don't have answers to these questions (we do).
    • If the investor buys the home to flip, how do you finance the other transaction, since there will be a title seasoning issue?
    • How many short sales have you CLOSED? (not worked on)
    • What do you do with PMI companies?
    • What do you do if the home owner has a small business loan?
    • What do you do if the home is a few days from foreclosure?
    • Does your team include an attorney?
    • Are you using standard Realtor Association contracts or are you using internet found forms, or something custom?

It's pretty easy to see that once you start doing short sales there are a world of questions that separate the experts from the people that can close one deal.

OH and That short sale expert in our area has closed .... 0 homes.

(As a note, it's highly unlikely that I am speaking about anyone that would read this article.)

Joshua Jarvis
Keller Williams Realty
M: 770-374-4667
FAX: 866-771-0412
Blog: Blog.GaHomesdigest.com
Site: Search Atlanta Area Homes
"Putting the Real In Realtor"
Atlanta Short Sale Listings

Active Rain Speed Networking Event

It's Jan. 30th, have you started achieving your goals yet? Have you put the habits in place to reach your goals?

Statistics say that Referral business from Agents is one of the largest missed opportunities in the industry. Are you ready to take advantage of the Active Rain Network and the opportunities that occur?


Come Join Me on BlitzTime for a fun filled networking event. You only need a computer and a phone. The event will be free.

The ACTIVE RAIN SPEED NETWORKING EVENT - Come and develop REAL relationships from the online contact.

Once you call in, you'll have the opportunity to meet with up to 9 other individuals for 8 minute one on one sessions. You can talk about whatever you want, but here's some suggestions.

  1. Active Rain Secrets
  2. Increasing Referrals From Other Agents
  3. What is Working In Your Market
  4. Getting Business from Your Blog
  5. If You Had To Get A Deal TODAY, what would you do?