REAL ESTATE Agent Opportunity Available... Coon Rapids MN 55433
We are a residential real estate team with a growing inventory of Bank Owned & Short Sale Properties. Our team is in need of some help and will train/mentor (if necessary) the appropriate agent(s) seeking to immediately work with our available Buyers and /or immediately start generating income doing BPO's (Broker Price Opinions) for Banks and Asset Managers representing Banks.
Also have an opportunity for an associate to handle our motivated New Construction Listings in Saint Michael, Rogers and Monticello as well.
Frank D'Angelo REO Broker/SRS (Click Here Re: EXIT Realty)
EXiT Realty Executives (Coon Rapids, MN 55433) (763) 548-1444
Or Call:
Sheldon Berquist (763) 548-1430
Your Trusted advisory for safely obtaining BANK OWNED REO's, Short Sale. We are based in Minneapolis MN and networked Nationwide.
Making you the Most Informed Consumer is our Mission!!! 
With any real estate transaction, you should be aligned with proven professionals who are looking out for your best interests exclusively. This is especially true with REO properties and Short Sale Transactions.
However!! Buying a Bank Bank Owned or Foreclosure property is very different when compared to the conventional purchasing process. If your next purchase will serve as your personal residence or as an investment property, you need to be aware of the unique procedures, advantages, disadvantages and criteria involved in such a purchase before waffling through the mixed and often times, outdated inventory of Properties posted for sale. Getting started with a MN REO TRAINED PROFESSIONAL is fundamental, particularly with one who will respond to your needs quickly, thoroughly and efficiently.
To really understand the current real estate marketplace, let us classify the residential marketplace into 3 categories: RETAIL, SHORT SALE and REO's (Real Estate Owned, better know as Bank Owned Homes For Sale). The media tends to through all residential real estate into one mixed bag when commenting about market trends and consumers searching the internet with available resources are viewing the inventory from one mixed pool as well. They may all look similar on the internet, some also look the same inside, yet the price spectrum range as much as 70% for similar looking properties. Consumers may allude the obvious bargains or good deals if they only focus on price. The abundance of posted inventory for sale becomes very confusing and frustrating to the average consumer and also to the un-trained agents. Many posted properties are either un-realistic in price, terms and/or conditions partly because of the sellers equity position. Supply and Demand ratios, pending/sold, and listed versus sold price statistics are all skewed because of the mixed bag of posted inventory available.
From the categories outlined above, BUYERS NEED TO BEWARE!!! There are many properties posted for sale and literally un-attainable for a variety of reasons. Some listing agents post distressed properties for sale with little knowledge or awareness of the sellers abililty to handle the foreclosure situation. Furthermore, lending institutions that are associated with the distressed properties are overwhelmed with the workloads associated with negotiating and mitigating losses with their consumers.
Meanwhile, buyers and agents are out floundering with the many properties that are literally un-attainable for purchase. Some buyers get very excited about the price on a foreclosure/short sale property, submit a purchase agreement and too often wait in frustration. Weeks later they hear a variety of reasons/excuses associated with the lack of response, knowledge, communication and/or experience in the foreclosure market. Frustrations set in for the buyers who are generally not in a position to be patient, so they continue to search without any guidance or without an REO Professional.
If you answered yes to any of the above, simply click on your preferred 'Wanted' ad or Call us directly at:
MN REO EXIT (763) 548-1402
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Sheldon Berquist & Frank D'Angelo |
Bank Owned, Foreclosure, REO Properties For Sale, Exit Realty Minnesota, Minneapolis Homes For Sale, St. Paul, Blaine, Coon Rapids, Minnesota, Real Estate Listings, Homes For Sale, Home Buying, Selling, Agent, Blaine Real Estate, Blaine, MN Real Estate, Blaine Houses For Sale, Blaine Home For Sale, Blaine, MN Real Estate, Blaine Homes For Sale, Blaine Realtors, Blaine Realty, Blaine Reality, Blaine Realty Listings, Blaine Minnesota Real Estate, Coon Rapids Real Estate, Anoka Real Estate, Andover Real Estate, Anoka County Homes For Sale, Blaine Home Listings, Coon Rapids Home Listings, Anoka Home Listings, Andover Home Listings, Anoka County Vikings Stadium, Hassle Free Listings, Real Estate In Blaine, MN, Blaine Realty, Blaine Realty, Forest Lake Homes Lakefront, Crystal, Roseville Homes, Vadnais Heights, Moundsview, St. Anthony, Eden Prairie Homes, Minnetonka Homes For Sale, Orono Homes Estates For Sale, Minnetrista, Lake Minnetonka Lakefront Homes, Shakopee Homes, Savage Homes, Burnsville Homes, Bloomington West Homes For Sale, Edina Homes, Bloomington Townhomes, Richfield Homes For Sale, Plymouth Homes, Golden Valley, Princeton, Zimmerman, Medtronic, General Mills 3M Cargill Corporation Inc, Relocation Specialists, Lake Minnetonka, Referrals, Insurance, Insure, Fire, Title, Hennepin County Real Estate, Twin Cities Real Estate
It really is a new real estate market across the nation. First came the so called bubble, compounded with an additional glut of inventory, plus the fact that buyers have been watching the prices drop. The National Association of Realtors does a fabulous set of promotions in conjunction with the local Minnesota Associations plugging the obvious that it couldn't be a better time to buy real estate. Call your local Realtor today. Cost of borrowing money at 40 year record lows'.
So what is going on with buyers? Where are they? Are buyers really informed? The answers are simply illogical from a historical perspective. "BUYERS ARE SPYERS". Many buyers continue to watch, wait and spy on the inventory. Our most recent call backs on our Direct Response Marketing calls literally had some of the following comments from potential buyers. "Yes, we've been watching that listing for the past few months, we're wondering how far they might come down in price". "Yes, we're aware of the property, and we noticed that the sellers have moved out, how far do you think the price will drop?"
Buyers are thinking that the market still has room to fall and many are playing the waiting game. Shame on them on them for waiting. Particularly when the market begins to correct favorably as it always does. Why buy when the market starts heating up and most people buy up in price? Envision a dog chasing it's own tail. So what do the top agents do in distinguishing their listings and bringing them to the top of the heap for the potential buyers? What do they do beyond placing the home on the MLS? In the Twin Cities, The Star Tribune and the Pioneer Press have long been the top two rags that buyers utilized as their primary resources. I congratulate the long standing traditional brokerages that have also moved completely away from those sources in that buyers are utilizing the internet to find homes. Edina Realty has literally dropped their sunday full page ads. Coldwell Banker has pretty much done the same. Rags and most print advertising pages are disappearing slowly as the independent ads are starting to fill in larger spaces. The same story is beginning to happen with community rags, ie. The Anoka Shopper, Blaine/SLP Life, Coon Rapids Herald and so on. All of the paper resources that have been so successful in the past for Minneapolis, St. Paul, Blaine, Coon Rapids, Anoka County, Hennepin County areas just don't really work any more from a consumers perspective. Some Realtors are liking the Real Estate Book, the Home Seller Magazine and the Star Tribune Extra Magazine because of their potential longer shelf lives and their ability to be published on the internet.
According to the publisher of the New York Times, Arthur Sulzberger; the New York Times doesn't even expect to be in print in a few years. My goodness, can you imagine? The Internet has become the main resource for buyers. Special thanks to Realtor.com for launching those great search tools just a few short years ago. Today a number of great internet resources have taken the internet market by storm: Zillow.com and Trulia.com for example. However, all of the IDX resources are tied to one common denominator: The MLS search minimums. Try doing a search on www.Realtor.com and determine what percentage of your price category has more than one photo versus the percentage of all listings posted in that same price range. I tried that in a variety of price points across the metro: ie 100k to 200k, 200k to 300k, in a variety of different zip codes. Approximately 25% of the inventory has more than the required minimum of one photo. In other words, approximately 75% of the inventory posted has the required bare minimum standard posted on IDX websites. Imagine the percentage of inventory posted with virtual tours. With the glut of inventory posted, how can buyers become engaged with listings and/or agents who post the minimum standards? As for the people thinking the above results are being skewed because of the number of bank owned homes posted with only one photo; that's completely unacceptable. Here is an REO example to test the opposite . I can see first time homebuyers getting frustrated with the number of properites posting only one photo. More and more buyers are actually moving away from the traditional IDX dependent websites and utilizing their favorite search engines to pull up photo and video rich content associated with their specific search parameters.
If realtors are not in the effectively engaged in the new Web 2.0 Internet game, then their sellers are being left in the dark. Sounds illogical, when most buyers purchase a home with a Realtor. Unfortunately, most buyers find their home on their own utilizing their favorite search engines and Broker Reciprocity sites, Zillow.com Trulia.com, Realtor.com etc etc. In fact, they are even waiting for the homes to be posted on the Broker Reciprocity sites for Open Houses. As recently as a year ago, 70% of buyers began their search on the internet. By the time you read this over 82% of all buyers utilize the internet to buy their next piece of Real Estate.
Hiring a Realtor who is internet savvy and has the technology to network and capture potential buyers on their sellers behalf is fundamental in todays real estate market. Internet Marketing has been the only successful strategy in today's Real Estate Market. You would think most real estate agents would have Search Engine Optimization SEO services or skills, not to mention at least a web site. Lead generation websites, take a lot of time, hard earned money and some skill. Savvy agents can drive a lot of internet traffic to their websites with Blogging on National Blogs such as: Active Rain and Blogger.com. Blogging, does drive significant traffic to the agent sites and ultimately to their clients inventory. However, why is it not working for both agents and buyers?
Buyers want FREE Information and lots of it. They don't want to give up their personal information, email, phone numbers etc to simply get property information, search for homes, prices, details, pictures etc. (That's so Web 1.0 Old School Internet Marketing). The more user friendly information agents provide the buyers, the more likely they will engage that agent if that property interests them. Case in point; today, I called a buyer who just made an inquiry on our Direct Response Ad. I made the call only 10 minutes after her inquiry. The buyer had already looked up the property within 10 minutes on their favorite web site and called the realtor hosting the inventory on their Broker Reciprocity site. Moments later, I called her and she thought she called me the listing agent. I notified her that I was the listing agent and would be happy to help facilitate her needs as soon as possible since she was not under contract with an agent.
Buyers will reach out on the internet first to find Homes by reading searching their favorite search engines that produce high ranking Blogs with specific photo and video rich material. A Blog provides both Buyers and Sellers with the resources they want without having to call someone. Once they have the information they need, they'll make the call to the Internet Savvy Realtor.
Frank D'Angelo - Broker
EXIT Realty Executives
(763) 548-1444 (Single Number Reach Technology)
Top Things to Consider When Buying or Selling Lakeshore Property in Minnesota (From curbside, you would never know how valuable a property might be without further investigation and/or having a Lakeshore Professional help you find a perfect property.)
If you're considering buying lakeshore property anywhere, you are likely in the process of making one of the largest and most important investment decisions of your life. Making the decision(s) should be based on all of the facts associated with the entire property, lake and community versus only a few facts ‘eye candy' and/or emotions. We are providing you with a tool that should support your planning and decision-making. It also includes information on where to get relevant facts about the lake area, recreation, water quality and other issues including air traffic noise. Things to consider and to avoid in your pursuit: Buying lakeshore is not the same as buying residential property. There are many things to consider. This is generally designed to answer the question: What are the things that need to be considered in a lakeshore property purchase.
Top Things to Consider When Buying Lakeshore Property: Purchasing a lakeshore property is not as simple as viewing the house and garage and determining whether it is consistent with your "Buyer Criteria". In addition to evaluating the property itself, there are several things to consider including the Real Estate Professional that helps you with the acquisition.
1. The Lakeshore
What are the lakeshore features? Does it have a rock foundation, natural sand, grass, weeds, or mud? Is the shoreline invested with snails? Some lakeshores have an area that you can litterally sit down in a lawn chair, dig your toes in the sand, and people watch. Some lakes are notorious for having bottomless mud. Is this what you really want? If you're fortunate you'll find a lake (in your price range) with a natural sand shoreline. But to do a fair evaluation of the lakeshore means getting out your hip-waders and getting a little wet. "When buying lakeshore property, the quality of the lake, lakeshore, and lake-bottom are as important as the house". There are a few (very few) who just want to see the reflection of the sky on water as well.
2. The Lake Bottom
What is the lake bottom like? Is it hard pan, sand, gravel, mud, or weeds? Does the lake bottom slope gradually or are there steep drop offs? This could be an important safety consideration with families and small children. "Learning about the lake is one of the most important aspects of buying lake property". Become the most informed consumer is paramount.
3. The Lake
The Minnesota Department of Natural Resources provides excellent lake information on their website www.dnr.state.mn.us/lakefind/. Effectively reviewing this website will allow you to determine the following: size of the lake, the lakes littoral area, the lakes depth, plus much more. A quick measure of the quality of a lake might include comparing the ratio of lake acres to littoral acres (area less than 15 feet). For example, if we look up Rice Lake (near Brainerd), it has 434 acres and 202 littoral acres. This indicates that less than half the lake is less than 15 feet in depth, thus it would be a good overall multi-use lake. Conversely, Little Blueberry Lake is 522 acres in size with a littoral area of 522 acres, with a maximum depth of 15 feet. This indicates that the entire lake has the possibility of blooming over with weeds and vegetation as the summer progresses. It's a good idea to get in a boat or canoe and check out the lake first hand if possible. This will also help you determine what kind of cabins/homes are on the lake if allowed. Are there million dollar mansions or shacks packed together? Other important considerations includes the impact of millfoil or zebra mussels if any.
4. Lake Use
How do you plan on using the lake? Are you hoping to be swimming regularly? Some lakes/lakefronts are too shallow or weedy for swimming. Do you really want to wade thru mud to go swimming? Do you want to just sit on your dock and relax? Some larger lakes like Minnetonka and Whitefish and others get so much boat and personal watercraft traffic that it's almost impossible to just sit on your dock and relax (especially on weekends). Consider the amount of boat traffic as well. Is it safe to water ski or pull people on water toys? Lakes less than 150 acres may be too small for skiing. Lakes with a high ratio of littoral area may be too weedy for skiing. Larger lakes like Mille Lacs and Leech Lake have large unprotected surface areas, which enables the wind to whip across and work up four foot waves. Can you swim, ski or fish when there are four foot waves? Lake size does matter!
5. Fishing
Do you or your guests intend on fishing? Do you want to fish in summer and winter seasns? Some lakes are not really usable in winter, others contain "hotspots". What's the quality of fishing? What species of fish reside in the lake; walleye, muskie, bass, or rough fish? Is this what you wanting to sport? Are there any winter kill possibilities?
6. Biodiversity
Some lakefront properties offer a vast biodiversity when it comes to a variety of shores, bottoms, currents etc. For instance, on Rice Lake near Brainerd and Clear Lake near Pequot Lakes you will find a mixture of beautiful sand lakeshore coupled with cool natural flowing springs. Biodiversity like this is rare and priceless, but within your grasp in Minnesota. Lakes that are fed by rivers like the Minnesota, St. Croix or Mississippi offer more diversity to explore and enjoy. The adjoining river is an extension of the lake. In essence, the river increases the lake size and opportunities associates with enjoyment, fishing and value.
7. Property Location/Placement on the Lake
Every lake lot has advantages or disadvantages depending on where they are located and your perspective. For instance, if the house or cabin is located on the east side of the lake, you'll likely experience beautiful sunsets. If your house is on the west side you'll likely get a view of the neat sunrises. Does this make a difference to your lifestyle and quiet enjoyment of the lakeshore property? Lake elevations are also important. Does it have steep or gradual elevations? Can you see the lake from the house in all seasons? Do you have to wade thru swamp or weeds to get to the lake? Finally, what are the views like in a variety of seasons?
8. Lake Water Levels
In north central MN, we've experienced a few back to back years of below average rain fall. Some lake levels have dropped several feet. On these lakes, lake front property owners have experienced the "receding" water level dilemma. Their boat lifts were dry-docked.
9. Availability of Services
For some buyers, it is important to be close to the amenities that make lake life more comfortable. Such as restaurants, bars, gas, bait, golf courses, hardware and groceries.
10. Distance & Travel Time
For most buyers distance and travel time is important. If you are buying a lake home and live in the Minneapolis Saint Paul Metro area and plan on spending most weekends at the lake, distance and travel time can be significant factors in your purchase decision. Would you rather spend five hours or ten hours a weekend commuting to/from the lake?
11. Lakeshore Building Restrictions
Lakeshore building guidelines are set by the state. Each county must adhere to the state guidelines but they can also set their own local restrictions. These collective guidelines dictate things like; set backs of the house from the lake and property lines, are there agricultural or DNR easements, and what are the well and septic system requirements. Are you planning on buying a property with the desire to expand later? If so, make sure that your expansion plans conform with "lakeshore" zoning guidelines. This is another factor of being associated with a proven real estate professional.
12. Seasonal Or Year Round Use
Do you want a "summer" home or are you also interested in using it year round as a get away? Is the lakeshore home your seeking going to be your primary residence? Do you snowmobile, cross country ski or ice fish? Is the house insulated for winter use? Have the water lines been plumbed so that you can readily drain them as winter approaches? Do you have to "crawl" under the cabin to access mechanicals and/or water lines?
13. Public Access
Does the lake have a public access? If it doesn't - how are you and your guests going to get your water toys in and out of the water? Is the landing concrete or sand/gravel? Will you be able to launch your boat? Beware of lakes on "chains". Is there a usable/navigable channel that will accommodate the size of boat that you have?
14. Ice Out
With spring comes ice out. Consider the pre-veiling winds for ice out conditions and/or risks. Your new lakeshore could suffer a serious loss in structure and value during ice out. Mille Lacs Lake for instance is notorious for sever ice out conditions that send walls of ice and debris towards the lakeshore. These walls of ice will move small mountains of dirt and sand. Your gradual slope to the lake could become a five foot drop-off over night.
15. Road & Airplane Noise
Keep in mind that many lakeshores were plotted off before zoning regulations were in existence. Old wagon trails that were once lightly used have been paved and now carry lots of traffic generating significant road noise. Some lakeshore cabins are within 30 feet of busy highways. What level of road and/or air traffic noise is acceptable to you?
For an excellent interactive site that plots air traffic routes over any Twin City recorded address and including the various airports, utilize this web site: http://www.macnoise.com/maps The Interactive website can be used to interactively map an address in relation to:
16. Lakeshore Pricing
If you haven't shopped around for lakeshore property, brace yourself for "sticker" shock. Depending on the location, quality and desirability of the lake and lakefront, lakeshore property in Minnesota will range from $1,500 to over $7,000 a frontage foot. For instance, on Lake Vermillion in northern Minnesota, many sales are in the range of $1,500 to $2,000 per shoreline foot. That compares with $4,500 to $7,000 a foot for the upscale cachet of lakes near Brainerd like Gull or Pelican Lakes, $3,300 on Leech and $2,000 to $2,400 on Lake Winnibigoshish.
Minnesota Lakeshore Pricing "Rules of Thumb" even in this type of marketplace.
These figures do not include structures nor do they take into consideration location, beach quality, elevation, trees, exposure and neighboring properties which always influence the market value of property.
Anticipate paying more for a "quality" lake and lakeshore. Buying into the "right" lake and lakeshore will have a major impact on your ability to enjoy your purchase and the amount of your return on investment should that time come for resale.
•17. Having a Professional Represent You
Think About This! Most people developing personal wealth utilize a professional manager or stock broker. Is the Real Estate person you know a Strategic Real Estate Investment Professional? America's biggest and greatest asset generally revolves around their personal real estate acquisitions. You owe yourself the right to be aligned with entrusted professionals utilizing creative wealth building strategies. Our mission is simple: We want to accelerate your personal wealth through proven systems, management and implementation strategies we have developed over the years.
ARE THERE BANK OWNED AND SOON TO BE BANK OWNED LAKESHORE PROPERTIES? Absolutely. I'm an REO Broker who specializes in doing Broker Price Opinions for Banks who are about to redeem properties. That's why you need consider our services. We can make you the most informed consumer even before these properies become availble to the general public.
In summary; when buying lakeshore property, the quality of the lake and lakeshore are as important as the house. Houses can be remodeled, lots can be landscaped, but you can't fix the lake, lake bottom or lakeshore.
We hope you find this useful in that our mission is to keep our lakeshore home buyers and sellers most informed when the time comes to making decisions on dealing with one of their most prized possessions and assets.
CLICK HERE TO FIND THE CURRENT AND BEST LAKESHORE PROPERTIES FOR SALE
Courtesy of :
Frank D'Angelo - Broker/SRS/ EXIT Realty Executives Your Lakeshore Professional Search for Lakeshore Properties by clicking here.
(763)548-1444 (Single Number Reach Technology)
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Contact Frank D'Angelo, Broker, Sellers Residential Specialist. Licensed Broker in the State of Minnesota at (763) 548 1444 to list your lakeshore property for sale or to purchase a lakeshore property in the Minneapolis Saint Paul Metro Area.
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"Minneapolis & Saint Paul Luxury Homes, Lakeshore, Hobby, Land & Bank Owned Homes REO Commercial & Residential Properties For Sale with your entrusted area REALTORS®" Your Trusted Information Source
Providing a superior level of Strategic and Professional real estate services for home buyers, sellers and investors in the greater Minnesota: Minneapolis & St. Paul area. Making you the most informed Consumer is our first priority!
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RELOCATING TO A NEW CITY IN THE USA. ALIGN YOURSELF WITH THE LOCAL REAL ESTATE PROFESSIONALS IN YOUR NEW/PROSPECTIVE NEIGHBORHOOD... (START YOUR SEARCH BY SELECTING YOUR STATE)
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Our range of sales include Single Family Homes, Townhomes, Condominiums, Hobby Farms, Land, Investment Properties, Lakeshore and recreational land.
Our Buyers have commented on our Stress Free/User Friendly Search tools when it comes to Finding Dream Homes. Those seeking New Construction options click our New Construction link or find our preferred builders
>Think About This! Most people developing personal wealth utilize a professional manager or stock broker. Is the Real Estate person you know a Strategic Real Estate Investment Professional? America's biggest and greatest assets evolves around your personal real estate acquisitions. You owe yourself the right to be aligned with entrusted professionals utilizing creative wealth building strategies. Our mission is simple: We want to accelerate your personal wealth through proven systems, management and implementation strategies we have developed over the years.
BUYERS! TEAM D'ANGELO offers our clients an exclusive BUYER GUARANTEE. If for any reason you do not like the home you purchased with TEAM D'ANGELO, we'll re-sell your home with ZERO COMMISSIONS charged to you. Ask about TEAM D'ANGELO's Buyer Guarantee program.
Also, please feel free to request a personalized listings via e-mail. Simply choose [Dream Home Finder] and fill in the requested information regarding your price, area needs and wants. Or feel free to search for yourself at our [Search For Homes] link. You can search all of the participating broker listings on this website for free as well. Please remember to bookmark http://www.allmetrohomes.com/
Specialization We specialize in facilitating transactions for both Buyers and Sellers which include townhouses, condominiums and single-family residential homes (new construction and resale), resort and vacation properties, vacant lots,land and hobby farms as well as our fabulous lakeshore properties. Let us help you manage and grow your real estate wealth and portfolio.
Your Trusted advisory for safely obtaining BANK OWNED REO's, Short Sale and Conventional properties in the Twin Cities Metro
Making you the Most Informed Consumer is our Mission!!!
With any real estate transaction, you should be aligned with proven professionals who are looking out for your best interests exclusively. This is especially true with REO properties and Short Sale Transactions.
However!! Buying a Corporate Bank Owned or Short Sale property is very different when compared to the conventional purchasing process. If your next purchase will serve as your personal residence or as an investment property, you should be aware of the unique procedures, advantages, disadvantages and criteria involved in such a purchase before waffling through the mixed inventory of REO and/or Short Sale Properties posted for sale. You likely need to get started with a MN REO TRAINED PROFESSIONAL. (ZERO Commissions necessary from our buyers)
To really understand the current real estate marketplace, we should classify the residential marketplace into 3 categories: RETAIL, SHORT SALE and REO's (Real Estate Owned). The media throughs all residential real estate into one mixed bag when commenting about market trends and consumers searching the internet with available resources are viewing the inventory from one mixed pool as well. They may all look similar on the internet, some also look the same inside, yet the price spectrum ranges as much as 70% for similar properties. BUYERS say WOW and the consumers focus on price. The abundance of posted inventory for sale becomes very confusing and frustrating to the average consumer and to the un-trained agents. Many posted properties are either un-realistic in price, terms and/or conditions partly because of the sellers equity position. Supply and Demand ratios, pending/sold, and listed versus sold price statistics are all skewed because of the mixed bag of posted inventory available.
From the categories outlined above, BUYERS NEED TO BEWARE!!! There are many properties posted for sale and literally un-attainable. Many listing agents post properties for sale with little knowledge or awareness of bank approvals for a short sale, which lending institutions are associated with the property, the length of time it may take for a response or call to action on a purchase agreement and of course the many other potential lien and/or default issues that may be behind the scenes.
Meanwhile, buyers and agents are out and about looking at many properties that are literally un-attainable for purchase. Buyers get excited about the price on a short sale property, submit a purchase agreement and wait too often, only to hear a variety of reasons/excuses associated with a lack of knowledge, communication and/or experience in the area of REO's or Short Sales. Frustrations set in for the buyers who are not really in a position to be patient they continue to search without any guidance.
If you answered yes to any of the above, simply click on your preferred 'Wanted' ad or Call us at the MN REO EXIT: (763) 548-1402
Servicing Homes For Sale in the following:
Zip codes service areas include:
55449, 55434, 55408, 55432, 54001, 54002, 54005, 54006, 54007, 54009, 54015, 54016, 54017, 54020, 54023, 54024, 54025, 54026, 54082, 54810, 54824, 54837, 54853, 54858, 55012, 55013, 55014, 55015, 55016, 55025, 55038, 55042, 55044, 55047, 55068, 55073, 55076, 55077, 55078, 55082, 55084, 55092, 55101, 55102, 55103, 55104, 55105, 55106, 55107, 55108, 55109, 55110, 55111, 55112, 55113, 55114, 55115, 55116, 55117, 55118, 55119, 55120, 55121, 55122, 55123, 55124, 55125, 55126, 55127, 55129, 55150, 55164, 55165, 55166, 55301, 55303, 55304, 55305, 55306, 55311, 55316, 55317, 55318, 55327, 55330, 55331, 55337, 55343, 55344, 55345, 55346, 55347, 55356, 55364, 55369, 55372, 55374, 55376, 55378, 55379, 55391, 55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55409, 55410, 55411, 55412, 55413, 55414, 55415, 55416, 55417, 55418, 55419, 55420, 55421, 55422, 55423, 55424, 55425, 55426, 55427, 55428, 55429, 55430, 55431, 55432, 55433, 55434, 55435, 55436, 55437, 55438, 55439, 55440, 55441, 55442, 55443, 55444, 55445, 55446, 55447, 55448, 55449
Counties serviced include:
(MN) - Hennepin, Ramsey, Dakota, Anoka, Scott, Carver, Washington, Chisago, Isanti, Wright, Sherburne
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We have worked with a variety of Custom Home Builders in the metro area, building dream homes in Blaine, Coon Rapids, Ham Lake, Lino Lakes, Brooklyn Park, Zimmerman, Princeton, Maple Grove, Woodbury, Savage, Shakopee, Prior Lake and Minneapolis. Our New Construction experience ranges from Condo Conversions to upper end Single Family Dream Homes. We look forward to helping build the American Dream. Yes we enjoy helping others in their Relocation endeavors and respectfully Honor Referrals :)
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Frank D'Angelo, president and CEO of EXIT Realty Executives is now experiencing the value of his training strategies he offers his agents and their clients on a weekly basis. He says, ‘Effective training retains effective agents who in turn attract other effective agents'. ‘Train, Retain and Gain'. Along with that, he offers bonuses and incentives in all three areas. The key to the three building blocks associated with Training, Retaining and Gaining begins with the people you surround yourself with, says D'Angelo. That's why EXIT Realty should not be considered as a recruiting real estate company. EXIT Realty is growing ‘By-Invitation Only' D'Angelo claims. We're truly one of few real estate companies without a hired recruiter. Most companies have a hired recruiter and the only benefactor of the hired recruiter those business models generally involves the CEO's. "The Profitability part is my responsibility", D'Angelo says. When associates help us with the companies' growth in production, they are rewarded directly with two revenue streams; one of the two provides his agents with security, longevity, retirement and death benefits. The other revenue stream involves: the highest industry net commissions for their personal sales production combined with the most affordable marketing and technology tool kits available from a national brand. It's a Win-Win! Our agents understand the importance of working and networking with people they want to work with and enjoy the synergy amongst the team.
D'Angelo began his professional career as an educator and coach in Canada for 20+ years. Over the years he developed a successful history with his teaching and coaching careers as an educator and head varsity basketball coach for St. Ignatius of Loyala in Thunder Bay, Ontario. While maintaining a teaching portfolio, he was as a curriculum coordinator, athletic director and President of one of the largest not-for-profit regional gymnastics associations in Canada. With that background, D'Angelo understands the significance of teaching, training and teamwork. Leveraging his 2 Bachelors and Masters Degree, his experiences in teaching, coaching and administration in the school systems transitioned out of the corporate world and into the real estate industry with the same upward aspirations associated with achieving an excellent persona and history of success. D'Angelo attributes his drive to excellence with his on-going mission to learn and help people benefit from his knowledge, experience and guidance. D'Angelo feels blessed to have met and studied what he calls his most influential mentors in his lifetime: His Grandfather/mentor Francesco D'Angelo , Coach K, Mike Krzyzewski of Duke University, Dr. Robert Rom, author of Understanding Self and others, Steve Morris, founder CEO of EXIT Realty International, James McCarty, author of The Power of One, national speaker and friend, and last but not least his wife Bonnie; who Frank claims as one of the most Emotionally Intelligent people he has ever met in his lifetime. D'Angelo feels blessed to have had the opportunity to meet such influential and balanced people in his lifetime. Frank feels he was also blessed with great family, great friends and a great wife. His goal is to continue surrounding himself with great associates at his newly revised real estate company at EXIT Realty Executives in Coon Rapids (suburb of Minneapolis), Minnesota. D'Angelo says, "When frank originally launched this new company, I was so excited about the company and was more concerned about telling everybody who held a real estate license about EXIT Realty". After a short period of time, he came to the understanding that surrounding yourself with good people is much more important than collecting real estate licensees. He says, "There are enough ‘Deal Fee' companies out there to harbor all of the relatively in-active part-timers. Good agents typically do not want to be associated with that a bunch of inactive licensees". He goes on to say that it's okay for agents to simply hang their hat at a brokerage and wait for grandma or Uncle Joe to sell their home, just don't hang your hat at his brokerage.
D'Angelo understands the significance each of his associates plays in the success of his company. He quotes his good friend, James McCarty author of the "Power of One" by saying, "a leader's ability to gain 100 percent participation towards the organizations mission, vision and values is only as effective as the extent to which they are accepted by the men and women on the front line taking care of our clients". "A leader can post the vision on the wall with notes and cards with goals listed on them, but it doesn't mean anything if they don't understand what is written on the wall", he says. D'Angelo embraces McCarty's principles of "The Power of One" and is committed to leading from the middle of the pack where people know him, see him in action and enjoy working with him. Some people consider this as being a ‘Competing Broker'. D'Angelo disagrees. He calls this style brokering as being a ‘Completing Broker', taking a chapter out of John Maxwell's book "The 360 Degree Leader". A ‘Completing Broker' completes the company mission/vision/values statement by demonstrating what's in the best interest of the clients and leading by example from the middle of the organization. D'Angelo also says, "We are an affirmation based empathy oriented company that empowers team members who understand the net worth of our mission, vision and values and how it associates directly with their clients needs". Since joining EXIT, D'Angelo starts every day with 20 affirmations. His first five are for himself. He says if you can't take care of yourself first, who can you take care of? His next five affirmations are for his loved ones, followed by his associates and finally his last five are for his vision, goals and dreams. He thanks Steve Morris, the founder of EXIT Realty for sharing the importance of affirming our daily lives. D'Angelo understands the universal business element that everybody wants to generate more profitability and wealth. His clients understand who they are working with and why they sought his trusted services, knowledge and communication throughout their real estate transactions and their years of ownership. Invariably, D'Angelo realizes everyone around him is trying to generate more profitability. "They're in business for themselves, however never by themselves", he says. He enjoys learning, sharing knowledge and working hard, so he also has time to play hard. Communication, Communication and Networking is his gig. Enjoying live blues performances and spending quality time with his wife Bonnie is his passion. Developing an empowering and positive real estate environment and being blessed with the opportunity to empower and affirm numerous grandchildren are his dreams.
When you ask D'Angelo, what he would like to change in the Real Estate Industry, his response stems around education and training. D'Angelo quotes, "If agents feel they do not need more education, they're either about to die in the business world or have yet to discover their business is dead". In the Minneapolis/St. Paul area, he would want more agents participating in his Mastery Program and become masterful relationship agents versus being transactional agents. He indicated a quick search on Realtor.com across the country looking at the percentage of homes posted for sale on the MLS with more than one photo is unacceptable to consumers today. He says, more than 75% of all agent listings do not have more than one photo posted on the MLS. D'Angelo says, that is a flagrant lack of effort and respect for their clients! Some might suggest that the growing inventory of Bank Owned properties might be skewing the marketplace. D'Angelo disagrees and goes on to say that any Bank or Asset Management Company that is currently being represented by a broker who refuses to market their properties with their highest and best resources should be seeking out those who will. Banks are paying full commissions to market and sell properties in the shortest period of time. Why should they be treated any different than any conventional retail seller? Frank D'Angelo and Sheldon Berquist have since pioneered a new effort to launch one of the first full-service Bank Owned Property Divisions in the Twin Cities. They have put together a required curriculum and certification program for agents to better serve buyers and sellers of bank owned and/or short sale properties. His REO team has been assembled unilaterally across the metro area with several participating EXIT offices to better serve the metro Minneapolis, St. Paul area. More information on this program, training and scheduled monthly foreclosure tours can be found at www.MNReoEXIT.com . His training programs are on-going, cyclical and generally free for all associates seeking to develop their sales/service position and better utilize their Unique Service Advantage (USA).
The teachings of the Mastery Development Program helps associates become masterful relationship advisors by first becoming effective listeners. Associates are taught to asking pre-chosen effective questions combined with effective listening to consumer responses. D'Angelo believes that the new vogue term of ‘Relationship Selling' is simply a systematized pre and post transactional relationship directly related to the original ‘Track Selling' system formulated and taught in the 1970's by large business training institutions. The ‘Track Selling System' was basically ‘Solution Selling', nothing more, nothing less. D'Angelo believes the ‘Track Selling' name originated by the trainers who focused on scripts and keeping on ‘track' with the consumer responding to the questions. Some today refer that to telemarketing. Typically, telemarketing is nothing more than canned questions and answers. The difference between the two systems involves effective scripts combined with effective listening.
Sales associates had tremendous success during the independent 80's and 90's with either ‘Track or Solution Selling Systems', however they exclusively focused on the transaction/deal. Today, with the help of the internet, the knowledge base for both consumers and sales associates has grown exponentially. While much of the consumer educational base has become independently obtained from a variety of internet sources, there is often too much information that either overloads their decision to put pen to paper or encourages them to study the inventory further. Therefore the newest trend of ‘Relationship Sales' has evolved. ‘Relationship sales' requires establishing and sharing a foundation of trusted information from the sales associate. Being perceived as a trusted advisor in your given sales niche(s) both pre and post transaction is the key to the mastery of ‘Relationship Sales'.
D'Angelo says, "Relationship Sales is an integral part of his Mastery Development Curriculum at EXIT Realty Executives. "Making our Sales Associates and our Clients the most informed consumers brings ease, comfort, and confidence towards putting pen to paper for both our consumers and our associates. We're now experiencing some great success stories with our agents in the Mastery Development Program and who have incorporated our Relationship Sales approach, strategies and marketing tools". The training headquarters consists of state-of-the art training curriculum, technology and facilities located at 2143 Northdale Blvd in Coon Rapids Minnesota. D'Angelo refuses to subject his associates to sit through canned sales theories, on demand satellite or on-line feeds. Most company brands including EXIT Realty provide on-demand training utilities however, D'Angelo's Mastery Development Program also provides associates with the necessary skill sets, strategies and U.S.A. (Unique Service Advantage). D'Angelo believes the sales industry in general lacks the Pass-Me-Down-Wisdom philosophy. The real estate sales industry is no exception. A fundamental lack of wisdom is not being passed down to sales associates from a standpoint of Relationship Sales Marketing and Service. He also believes that the real estate sales mangers and owners are rarely the real estate geniuses or wizards of sales. The geniuses and wizards of sales are generally locked up in their offices putting up numbers on the board and selling. Sales Managers are generally vested, compensated and rewarded by obtaining more sales volume by either hiring more sales associates or charging more transaction fees or rent. D'Angelo truly believes that a well-trained sales team educating their consumers bridges the relationship towards improved sales relationships.
The business model at EXIT Realty rewards each of their associates equally when they introduce new sales associates to the company. They are not expected to recruit anyone and often naturally attract people they like to network and work with. Single level bonuses equivalent to up to 10% of the Gross Commissions are paid directly to the sales associate who introduces the producing sales associate to EXIT. A pure Win-Win philosophy whereby all sales associates can share in the revenue associated with the companies' growth. D'Angelo emphasizes EXIT is not a profit-sharing or multi-level marketing scheme, nor should it be considered a recruiting based company. He say's we're ‘By Invitation only' and ‘We're all about the Company we keep'. EXIT Realty is the only proven revenue sharing model with built-in mentorship, training and self driven Pass-Me-Down-Wisdom including the on demand on-line national training opportunities serviced by the majority of the Top 5 real estate companies. EXIT Realty has revolutionized the conventional real estate industry and gone beyond the conventional ‘all encompassing branding' of associates. Branding is important when the brand supports agent individuality without implying all associates with a particular brand are the best at what they do. Consumers know that's not reality. The Mastery Development Program at EXIT Realty Executives takes pride in developing the ‘Best Trained Relationship Sales Associates in the Industry'.
Although the Mastery Development Training Program emphasis is on ‘Relationship Sales, it is shared with everyone in the industry, including other associates and their clients. The program teaches: consumer retention, prospecting strategies, business development and unique marketing strategies as well as provide systematized marketing and management tool kits that helps associates net more from their commissions than the conventional marketing and management tools available to general sales force.
Systematic principles are used throughout the training programs in conjunction with EXIT Realty's on-line University, National Training, Technology and Support Services. Brand new agents and veteran associates take advantage of the Mastery Development Program on a regular basis at EXIT Realty.
From D'Angelo's experience as salesperson, sales executive and broker at EXIT Realty Executives lends him to believe it is imperative that the entire company shares, networks, and invests in the training of their people including their clients. While business strategies and training is obviously necessary, all the business knowledge in the world won't translate into sales without the proper sales and people training. The Relationship Selling System is the foundation of our Mastery Development Program and has become our staple for our company.
The best part of the EXIT Realty model, is that the majority of other real estate models end all revenue opportunities for sales associates when agents stop selling. At EXIT, all associates who have invited other associates to EXIT over the years will continue to receive up to 7% of the Gross Commissions from each and every associate as long as they continue selling real estate for EXIT. "Our associates love that", D'Angelo says. "Do you think, those associates might refer their own sphere of influence to the people they have introduced to the company over the years and enhance their own retirement plan? Let's take this one step further. When the inevitable happens, their pre-chosen beneficiary will continue to receive 5% of the Gross Commissions produced by all of the associates they have ever introduced to EXIT across Canada and the United States for as long as they sell with EXIT. Do you think their spouse and family could do anything with that? Do you think their spouse could also enhance their own death benefits by referring clients to the sphere of people their spouse introduced to the company over the years".
EXIT Realty is a proven real estate model that enhances three simple words. Train, Retain and Gain. These three simple words form the basis of the proven real estate model inspired by EXIT Realty's founder Steve Morris. These three high-growth building blocks will help EXIT Realty continue its' annual growth rates of approximately 77% annually. By the end of 2008, EXIT Realty will have surpassed 50,000 associates and will have shared over $125 Million dollars in Bonuses and Benefits with their associates.
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