I have used LinkedIn for over a year and have been tweetting for months and now I have a facebook page and a facebook group called The Lafferty Group Real Estate & Consulting Discussion Board. Now I need to get all of these to work together to promote The Lafferty Group Real Estate & Consulting. Any Ideas?
I would like to invite all viewers of this Blog to:
Follow me at twitter.com/mikelafferty
Join my Facebook group and participate in the discussions at The Lafferty Group Real Estate & Consulting Discussion Board.
and add me as a friend on Facebook. Mike Lafferty
I look forward to see the response.
Thanks
In 2008 we had over 36,000 unique visitors to our website viewing over 350,000 pages. Some new feature to our site were The University of Florida Warrington College of Business Podcast Series and NASA TV,
Now we have to turn these visitors to sales.
Go Gators!
Below is what Senior Economist for Wells Fargo, Scott A. Anderson, sent out yesterday after the FOMC rate cut.
"The Federal Reserve will employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability"
Stock and bond markets are celebrating in the wake of an FOMC statement that exceeded nearly all expectations for a substantial easing of policy today. At the time of this writing, the Dow is up about 340 points, and the 10-Yr Treasury yield has plunged to 2.36 percent from 2.50 percent yesterday. Throwing all caution to the wind, the Fed is betting that drastic rate cuts are needed immediately in order to support consumer and business borrowing in the face of a rapidly deteriorating economy and the specter of deflationary forces afoot. Such drastic measures only highlight the scale and scope of the current economic and financial crisis that still lies ahead. The Fed is now pulling nearly all its policy levers and only time will tell if it is pushing on a string, or if monetary policy still has a viable channel in which to operate.
For the first time in its history the Fed has decided to establish a target range for the Fed funds rate of between zero and 0.25 percent, effectively making 0.25 percent its interest rate ceiling. This is also an admission that the Fed has been having trouble maintaining its target as massive injections of about $1.0 trillion into various credit facilities, bank re-capitalization, and the payment of interest on bank reserves make an explicit target nearly impossible to achieve. The movement to a target range also rightly puts the focus of additional policy actions on the scope and scale of outright purchases of MBS, and agency debt. The committee is also exploring the potential benefits of purchasing longer-term Treasury securities as well.
Moreover, the FOMC signaled that they expect to maintain an exceptionally low fed funds rate target of some time. This signal is designed to push longer-term Treasury yields even lower, and from today's action it seems to have worked.
The FOMC statement begins by describing an economy mired in a deepening recession, with little prospect for near-term relief, stating that labor market conditions have deteriorated, and consumer spending, business investment, and industrial production have declined. The Fed's view of credit market conditions has not improved, and their outlook for the economy has weakened further.
Finally, the Fed doesn't mention the prospect of deflation in the statement, but did highlight the prospect for inflation to moderate further in the coming quarters.
Expect further expansion and utilization of the Fed's existing credit facilities, as well as the addition of new ones in 2009 as the Fed moves further down the path of quantitative easing.
Scott A. Anderson, Ph.D.
Senior Economist
Wells Fargo Economics
I asked the question in my first blog, How is the Tres going to sell the houses attached to the bad loans they purchase with the $750 Billion and it seems clear now that they don't have a plan to sell. They want to rework the loans with better rates and lower payments and now the results show that this isn't going to work for most of these loans. The borrowers can't afford any payments. Our office has listed and sold several foreclosures this year and only one had the borrower living in it. The rest were empty, with no appliances, and damage throughout.
Foreclosures need to move forward. Buyers are looking for deals and if the Treasury would buy the bad debt and sell the properties through HUD problems would be solved. They don't need to create a new Asset Management company to get this done. It's all ready to go right now.
The question remains; what are they going to do?
Our office has been open for 3 years now and we have slowly grown. We have offered Free leads and marketing programs to all agents that join us, Investment help for retirement, nice office with all the perks, no fees of any kind and I don't compete with any of our associates. Still we have picked up only a few associates and they are very good, but we need to grow.
So we have decided to Offer 5 different commission splits that an associate can choose from with 3 at 100% and we are looking to grow accross the state to areas that have more people.
If you know of a Realtor that wants to make more send them our way.
We will see how this works for 2009
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Beautiful beaches and exquisite ocean and riverfront communities makes The Treasure Coast the crown jewel of Florida. The Treasure Coast is centrally located on Florida's East Coast.
Mission Statement
We have a commitment to our Clients and Ourselves to make our Company the best of its kind and we will accept nothing less than perfection. Since we work together as a team, we can provide value and satisfaction to our Clients. Our Business is based on referrals, so each of us will be involved in every transaction, insuring our clients receive the best possible service.
We live, work, and raise our families in Vero Beach, so we are also active in the Community and strive to make Vero Beach a great place to live.
Meet Our Personnel
Mike Lafferty, GRI holds a Bachelors Degree in Finance from the University of Florida, is a Director for the Realtors Association of Indian River County, has engaged in Commercial Banking for two major Banks, appraised Real Estate, and was the Regional Sales Manager and Director of Business Insight for Kroll Factual Data (www.krollfactualdata.com). mike@thelaffertygroup.com
Colleen Lafferty has over 25 years of Real Estate Sales and Appraisal experience and owned a successful Real Estate Appraisal Business in Statesboro, GA prior to moving to Boca Raton in 1991. Most recently, she has retired from Florida Atlantic University in Port St. Lucie and is looking forward to engaging in Real Estate full time. colleen@thelaffertygroup.com
Brandi Lafferty has 7 years of Interior Design and Sales experience and has worked with several Developers, designing the interior of model homes and working directly with their new homeowners to create a look they enjoy. Brandi specializes in consulting sellers on how to stage their home so it is more appealing to buyers. brandi@thelaffertygroup.com
Kathy Nystrom holds a Bachelors Degree in Mass Communication with a Minor in French from Miami University, Oxford Ohio. She has 21/2 years as a Real Estate Professional and Leasing agent. She is a licensed pilot and has worked for several commuter airlines since 1986. Kathy specializes in leasing rental properties annually or seasonally in all of Indian River County. kathy@thelaffertygroup.com
The Fig Team - A Dynamic, customer focused sales team serving Vero Beach, Sebastian and the surrounding communities. Jackie Figliolo is proud to call Vero Beach her home. With several years experience as a successful private real estate investor in New York and Florida, Jackie is also a licensed real estate professional able to help others make their dreams come true. She specializes in residential real estate resales with a special love and affinity for first time home buyers. Joe Figliolo adds his 31 years of experience in the financial services industry to The Lafferty Group. Figliolo achieved national recognition awards 25 times, first as a sales manager, then as the Associate General Manager for a major U.S. insurance company. His sales organization set records for sales volume, manpower development and overall production. In addition to his real estate credentials, Figliolo holds several other professional designations, including CLU, LUTCF and CSA. This unique blending of professional experience enables him to assist home buyers and sellers in all financial aspects of the real estate ownership experience, from insurance protection and savings plans for the first time home buyers to financial, investment and tax planning strategies for seasoned investors. www.myfigteam.com
Laila Dednah has been living in the Vero Beach community since 2003. Her experience in the community includes interior design, construction administration, and real estate. She is happy to bring her unique style and talents to the Lafferty Group Real Estate and Consulting and as a licensed real estate professional would be delighted to assist you with your real estate needs. laila@thelaffertygroup.com , http://laila.rairc.mlxchange.com
Tom Hart has been in real estate construction and management in each of the last 5 decades. Tom has an AA Degree in Real Estate and has sold or still owns commercial and residential properties across the country. In addition to Real Estate Tom retired after 27 years as a Chief Master SGT in the Air Force Reserves. tjhart@bellsouth.net
Anastasia Stanton is a native of the Treasure Coast. She attended St. Edwards in Vero Beach, Florida, and received her Bachelor's Degree from Florida State University in 1997. She then pursued her career in Social Work, specializing in the care of the elderly, and became a licensed Realtor in 2003. Anastasia resides in Stuart Florida and is a member of the Indian River County Board of Realtors. She enjoys her free time boating, golfing and travelling with family and friends. Anastasia can assist you with the sale or purchase of your home with integrity, professionalism and personal attention to your individual needs. anastasia@thelaffertygroup.com , http://anastasia.rairc.mlxchange.com
Our Services
Residential
The Lafferty Group Real Estate & Consulting is committed to producing results above and beyond the ordinary. Our objective is staying focused on the Clients needs, and our goal is to make sure that the process goes as smooth as possible. We offer services for homes in any price range, new or resale, single-family or multi-family, or investment property. We stay up to date with the latest market trends, and expose properties locally and nationally.
So whether you're moving down the street or out of state, you can put your trust in The Lafferty Group to get you there on time.
Lafferty Commercial Real Estate
Commercial Property
Commercial Real Estate opportunities in Vero Beach include vacant land, office buildings, hotels and motels, golf courses, retail, and shopping centers. We have over 75 years combined sales experience, so we can offer our expertise with site selection, land acquisition, and brokerage services and because we are involved with the city and county, we can aid you in the Regulatory Process.
Small Business
We offer professional and complete Small Business Brokerage Services, assisting in the purchase and selling of all types of Businesses under $5,000,000.
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