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Kent Anderson

SANDPOINT RATED TOP TEN AGAIN!

Oh my gosh! It just doesn't stop. Sandpoint, Idaho once again finds itself getting the accolades of the national press. This time, CITY GUIDES.MSN (http://cityguides.msn.com/citylife/cityarticle.aspx?cp-documentid=16209353) has listed Sandpoint as one of the TOP TEN "WINTER WONDERLAND" cities in North America...pretty interesting group, too:

SANDPOINT, IDAHO

ASPEN, COLORADO

ANCHORAGE, ALASKA

QUEBEC CITY

ST. PAUL, MINNESOTA

SARANAC LAKE, NEW YORK

WHITEFISH, MONTANA

STEAMBOAT SPRINGS, COLORADO

PARK CITY, UTAH

VANCOUVER, BC

Sandpoint has been praised in so many periodicals...among them, Outside Magazine, Sunset Magazine, Powder Magazine, Wall Street Journal, Nesw York Times, Ski Magazine, Skiing Magazine...the list goes on...

By the way, when I left the mountain this afternoon (1/10/09) there was another blizzard taking place. Tomorrow the skiing should be amazing!

I do love it here!

SCHWEITZER PREPARING FOR THE NEXT "DUMP"

We are in the 2nd day of the warm front...lots of wind, lots of rain...a few inches of new snow on top. This isn't all bad. The snow has compacted considerably across the whole mountain compressing the potential hazards from summer brush build-up. We can now look forward to a long winter with a solid base.

Even better news for Schweitzer, this "compressing" occurred during the early week when there are fewer ski visits...so it is not impacting a lot of visitors. This weekend looks like very good conditions! I am actually thankful this January thaw has occurred. We never did get the early season heavy, water-laden snowfalls we need each year. The off-piste hazards will be considerably reduced!

So...I am going to preview a couple of new condo lisitings on the mountain and then head up the lift to test out the strange conditions today. I've got to keep my ski legs strong for the NEXT DUMP! IT IS COMING!

THE PITFALLS OF A BROKERS' PRICE OPINION (BPO)

As we see the increase in Short sales, there are a lot of requests for BPO's. According to Idaho Real Estate License Law, it is legal for brokers, associate brokers and salespeople to give their educated opinion on the value of real property for the purpose of a prospective lisiting or sale (CMA's). IN ORDER TO TENDER A BROKER'S PRICE OPINION IN IDAHO, YOU MUST BE LICENSED AS A BROKER OR AN ASSOCIATE BROKER.

As an Associate Broker, if you receive a fee for a broker's price opinion, you must run that fee through your designated broker. If you are a salesperson and are required to provide a Broker's opinion with a short sale packet or the like, ask for your broker's assistance in preparing one.

As this real estate market continues along its tumultuous course, we are finding more agents being lured into offering price opinions for troubled properties. This is a dangerous course and the ramifications can be painful...to say nothing of the fact that properly executed BPOs can take more time than they are worth.

Bottom line: Do not subject yourself to possible disciplinary action for practicing appraisal without a license by providing a broker's price opinion when you are not licensed to do so.

Marketing Yourself through "Farms"

It's going to be tough for the next year for all of us "Realtors". We have to use the tools we have learned over the years to get our name and reputations in front of the buyers. Many of us have let the "farm" concept slide into the back of our arsenal. 2009 is probably the time to bring this back to the forefront.

There are several tips for farming and marketing that should be addressed:

1) Design a mailing that will be kept...something that the recipient will file away and look at from time to time.

2) Be thoughtful with the use of color on the mailing. You need the correct color usage to give a quality impression without being too flashy or even distasteful. I have found a black background with simple, muted contrasting colors can give an impactful, quality appearance.

3) Do not use bulk mail. First class mailings raises the bar a little...it gives the recipient the impression that you truly care.

4) Limit your mailings to 50 at a time.

5) Make a personal contact after mailing. This is the tough one! It is VERY uncomfortable for me to do this but it IS what we do...we are salespeople.

6) Farming without contact should be done every 2 weeks...Farming WITH contact should be done every 30 - 45 days.

7) IMPORTANT: Include your "team" on your mailing (title company, financing experts, etc).

Let's get out there and make some money and get our clients in the home of their dreams!

MUST READ BLOG!

Maybe I'm "puffing" a little bit with the title, but you'll see why this is SO important.

My kids communicate via text messaging about 90% of the time. I think they are the norm. As a typical parent, I have no concept how to effectively text message or even how to read a kids' text message. I see this as a problem...

So, having done some research, I have learned a few of the texting terms that are being used.

1) P911 "Parent Alert"

2) KIT "keep in touch"

3) ILU or ILY "I love you"

4) CYR PA "Call your father"

5) H&K "hugs & kisses"

6) DBL84DNR "Don't be late for dinner"

7) EM? "Excuse me?"

8) *VIN "Starvin'"

9) RUNGL8 "Runnin' late"

10) CYT or SYT "See you tomorrow"

If anyone has some additional acronyms you would like to share, that would be great!