We have created a section within npdodge.com to answer a multitude of questions that we have received over the past few weeks and general information that you might be interested in so that you too can take advantage of this valuable credit! The links below the video screen on the right side will refresh the page and automatically play a new video. Leave us a comment below if you have a question or simply email us at info1@npdodge.com as we are here to help!
Click the image below for our full $6,500 tax credit resource:
If you have specific questions or need additional information, please contact a tax professional or the Internal Revenue Service at 800-829-1040.
Where should you concentrate your marketing efforts in 2009?
What strategies work with today's consumers and which ones should be re-evaluated?
The NAR Profile of Home Buyers and Sellers for 2008 provides us with some great clues.
The new First-time home buyer tax credit as we understand it here at NP Dodge...
FIRST-TIME HOME BUYER CREDIT If you are a first-time home buyer, you are eligible for a refundable tax credit equal to 10 percent of the purchase price of your home, up to $8,000. Here are some of the details contained in the 787 billion dollar "American Recovery and Reinvestment Act" which President Obama signed on Tuesday in Denver:
Although this is not tax advice and first-time home buyers are urged to consult their tax advisors, here is an example of how the First-Time Homebuyer Tax Credit could work for you:
Assume you are a couple making less than $150,000 annually, you purchase a house for more than $80,000 before December 1st of this year and you otherwise qualify for the full $8,000 tax credit. If your 2009 federal taxes were $12,000 without the tax credit, the $8,000 tax credit would lower your federal tax liability to only $4,000. If you had 2009 federal withholdings of exactly $12,000, you would have received no refund without the tax credit because your federal income taxes equal your federal withholdings exactly. But with the first-time home buyer tax credit, you will get a tax refund of $8,000.
"We at NP Dodge Real Estate feel the first-time homebuyer tax credit is a very great stepping stone toward restoring the national housing market and that it will spur greater activity among buyers here locally. When a first time home buyer purchases a home, the seller of that home can then purchase another home. Then seller of that home in turn can buy another, and that creates a cycle that moves us in the right direction. Home prices should stabilize and then begin to increase. This in turn will help increase consumer confidence. All of this will bring still more buyers into the real estate market. This is most definitely the time for first-time buyers to get their piece of the Great American Dream of home ownership." ~ NP Dodge Research and Stats Division Members
What does all this mean??
65 Residential properties sold in the Council Bluffs Area last month.
111 Homes went pending which means they have an accepted contract and are due to close in the near future.
It would take just under 12 months to absorb the current residential inventory on the market today.
The buyers still have the upper hand for now.
Want more reports? Click Here
NP Dodge now has available Real Estate Market Trend Reports containing data compiled from the MLSs located in Omaha and Council Bluffs. These reports will give you an opportunity to view trends in the market over the past 15 months. They are specific to active, pending and sold properties in Omaha, Council Bluffs and the surrounding areas. The reports are updated monthly with more in-depth reports being available from one of our real estate professionals.
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In 1855, a dozen years before Nebraska officially became a state, the NP Dodge family was serving the real estate needs of the Omaha/Council Bluffs community.
MARKETING
For more than a century and a half, the NP Dodge name has stood for integrity, hard work and innovation. It's more than just a brand; it's a symbol of integrity to our customers and a sign of trust in front of every property we represent.
When it comes to brand awareness and reputation, no other real estate company even comes close. That alone isn't enough. Effective marketing plays a pivotal role in helping NP Dodge maintain the highest possible visibility in the marketplace. High-profile newspaper positioning, effective web marketing and consistent exposure through television, print, outdoor signage and community relations has allowed NP Dodge to remain Nebraska and Iowa's largest full-service real estate company.
Corporate Campaigns
Agent Marketing
Personalized Agent Websites
Customers for Life
Just Listed/Just Sold Program
Beyond corporate marketing, our focus is helping NP Dodge agents grow their own personal brands. From professional marketing materials to personalized customer-relations campaigns, we strive to give our agents every marketing tool, support program and advantage possible.
Being America's oldest real estate company, NP Dodge may be a household name to some. But after 150 years, we're not about to rest on our accomplishments. From wide-ranging corporate campaigns to personalized agent branding to focused customer-relations programs, our goal is to maintain the growth and image of NP Dodge for the next 150 years.
TECHNOLOGY
Technology plays an ever-increasing role in real estate today. From the way consumers search for properties to the ways agents communicate information and stay connected with their customers, the business landscape is constantly changing. We know because we've helped change it.
NP Dodge provides the best tools in the business to help our sales associates reach prospective buyers and sellers, stay connected with clients and get more business done in less time. From innovative research tools to web-based marketing & customer-relationship programs to online listing & contract support, NP Dodge puts technology to work where it counts-helping our agents focus on business and respond to their customers' needs.
NPDodge.com
Agent Tools
Office Workstations
NP Dodge Office
Our company-wide support network, NPDodge Office, exemplifies that technology at work. This interactive web-based database gives NP Dodge agents 24/7 access to a vast range of documents and information-From current interest rates and e-forms to marketing materials and industry reports, it's virtually everything an agent could ask for.
Online. On Demand. On the Spot. With support such as personal agent websites, automated e-marketing programs and FREE customizable PowerPoint presentations, NP Dodge gives agents more power for personal branding, more advanced tools for prospecting and listing exposure and more support where it matters most. We also back it up with a dedicated team of Information-Technology professionals.
AGENT SUPPORT
At NP Dodge, our greatest asset is our people. That's why we're focused on developing the latest tools, programs and support systems possible for our agents. We recognized long ago that the success of our company depends on the success of our sales agents. That's why NP Dodge employs a dedicated administrative staff of over 60 people; why NP Dodge family of companies provides full-service support in all aspects of the real-estate industry; why we provide custom market reports for our agents to capitalize on local market trends; why we place so much focus on professional development, personal growth and continuing education for our sales associates; why NP Dodge has been successful for 150 years.
Corporate Services
Sales-Office Support
Personal Success Development
Education & Training
NP Dodge offers agents the freedom to run their own business without the corporate structure and excessive fees that other companies demand. We welcome new ideas and encourage agents' help in the evaluation process to collectively assess the merit and value the programs at NP Dodge.
CULTURE
At NP Dodge, we believe a real-estate company should work for its agents; not the other way around. We don't have to answer to some parent company across the country-our agents are the shareholders. We place the highest priority on their growth and satisfaction and provide them with every opportunity for personal reward and financial success.
Our job at NP Dodge is to help our agents do theirs-to provide the best possible tools, training and supportive agent-centric environment possible. Our managers don't get involved in agent business unless invited. We don't have channels to go through to get an issue resolved. We don't believe in excessive structure or trivial agent fees. Above all, we don't value profits over people.
That doesn't just make a difference; it makes all the difference.
A 150-year Commitment to the Community
In 1855, a dozen years before Nebraska became a state, NP Dodge began serving the real estate needs of the Omaha/Council Bluffs community. 150 years later, the N.P. Dodge name represents more than 1,000 dedicated individuals that make up the area's largest full-service real estate company.
Though recognized as America's oldest real estate firm, we're still blazing new trails. Today, NP Dodge is active in over 200 community support programs and a member in many business organizations including:
"The [main] thing that sets a real estate agent aside from the large pack in an area is their association with a distinguished organization. I chose NP Dodge because of their singular, outstanding name recognition in this area. The name NP Dodge connotes expertise and professionalism. I have found this to be true in my association with the company."
-Bonnie Leonhardt, New Agent
"Not only is NP Dodge conductive to new agents, but also provides a sense of comfort working for a family-owned business. My branch manager has been very encouraging towards my new career. I could not be happier in selecting NP Dodge as the company I represent."
-Grant Stine, New Agent
"I appreciate the opportunities offered by NP Dodge to better myself and grow my business and this is one of the reasons I chose NP Dodge over other real estate firms."
-Mike Pettid New Agent
"NP Dodge offers new agents a great deal of opportunity...in new construction, as well as a dynamic existing market. Few real estate companies in the metro area can offer all of these: well-recognized advertising support, relocation services, duty time opportunities, new construction, formal training, land services and more.."
-Dave Blusys, New Agent
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