Have you heard of Nouveau Riche?

I’m not going to make this a positive advertisement for them.  If anything, I’d like to shed a little light on what you, as a person interested in investing in real estate might want to know and how to save yourself thousands of dollars before signing up for one of their courses.

We at Team Reba had already been aware of this program, a mighty expensive program at that, which has a focus on training people to become real estate investors. Granted, I will say that if you don’t have the willpower to spend the time putting these resources together yourself – for a lot less money – you may end up having the tuition you spend be a much more expensive lesson than you planned.

Within the past year my team has been hearing about this group more and more. Seems there is a big marketing push out there right now in our Seattle and greater Puget Sound region.  Be aware that if a “friend” of yours wants you to get involved and pay the fees, they’ll be making money off of you.  It’s basically the Amway of real estate right now.  Be wary.

Why do I have so many concerns?  Don’t they teach some important concepts?  Yes, they do. But, you shouldn’t have to pay thousands for their advice.  There are many more cost effective ways to do this kind of thing.  Also, some of the paths they discuss regarding real estate investment don’t cover local state laws and as of June 12, 2008 there are a lot more laws surrounding distressed property sales, short-sale/foreclosures, and flippers.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

More great wine events opened up at Seattle Uncorked

A friend of mine, David LeClaire, is the founder of Seattle Uncorked, which has also now debuted its cousin of Portland Uncorked as well.  He’s always got new and fun events going on that are all about wine and wine related elements – such as a decadent cooking with chocolate event coming up. If you are interested in wine but don’t want to join a group that is not snobbish about wine, but rather celebrates it, then this might be the ticket for you!

David’s latest newsletter had talk of his recent travels to Canada’s Okanogan area and he’s ready to share his wealth of knowledge that he’s brought back with him.  Check it out, and CHEERS!

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Working with Team Reba is your Passport to saving money…

Another benefit we like to provide our clients once they’ve closed a transaction with us is to send out a closing gift.  Rather than the usual real estate marketing that we see such as flowers and a bottle of wine, etc, we like to help our clients save money.  Buying and selling a home is a costly proposition no matter how you look at it, so if we can help out in other areas of the household budget we’re happy to do it.

Enter the Passport Unlimited program…

Team Reba buys a 1 year membership to the program and clients are welcome to renew their membership if they find it to be a valuable item in their wallet.  Basically, the program works like this: We sign you up and a membership card shows up in the mail (it’s the size of a credit card).  When used at the various participating businesses the card will provide with a variety of discount possibilities.  For restaurants it usually means a free entree when one is purchased or a 20% discount if dining single.  Some places even offer a discount for take out orders.  There is also a services section of the program which can give discounts on a variety of household services like carpet cleaning, handyman services, travel discounts and more!

So, if the costs of travel outside the country don’t have you using your regular passport so frequently – if you do business with us, you can use a Passport of a different kind that helps you save money.  And that brings up my last rave about this program – it’s available in a variety of states so if you’re a west coaster here in Seattle and you travel up and down the coast for work or pleasure, you’ll find ways to expand your use of the card easily.  Other areas are available for viewing on the Passport website.

Bon Appetit and happy travels!

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Considering seller financing on a property in today’s market? How will you service the loan?

Then you might want to know about a servicing company that can help with the 3rd party servicing of loans.  Traditional purchase and sales usually involve conventional bank financing and these larger firms usually have their own loan servicing departments or they contract it out.

As a private property owner who is selling, you can also use a similar service if you are offering seller financing for your home.  Considering how the mortgage markets have been getting tossed around it might give you a selling advantage in today’s selling market.  This service can also be used for private party contracts and for seller carrybacks.

Check out the website of Contract Servicing to learn more.  Always do your own due diligence before hiring any firm.  This company is a division of Fidelity National Financial.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

How well do you know what is happening to your vacation property when you’re not there?

This article from REALTOR.com Magazine is a bit disturbing when you read that people who owned vacation properties were coming to their abodes and finding strangers living in the houses.  It seems a supposed real estate agent (yet to hear if it was verified) and his assistant were renting out people’s places without their knowledge utilizing the well known Craigslist to advertise the openings.  I’m wondering if the agent was the guy who sold the properties to these owners to begin with and this is perhaps how someone knew for certain that these were only part-time homes for the owners.

A lot of people buy 2nd homes but don’t always have a method of checking in on their place while they are away.  Case in point, a good way to put in a monitor came from Eric Aasness (one of our co-contributers) who has some cabins out on Hood Canal that he ended up having to put remote cameras on when he and his wife noticed that some of their wine and food was going missing.  Seems they had an errant plumber on their hands – they dubbed him “the hot tub bandit.”

Perhaps remote property management – even if a stepped down version of what rental property management people handle – is a line of business someone could take up and do well in markets where lots of 2nd homes exist?  Especially if there is no rental pool or short term rental aspect to handle.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Seattle area ranks with singles…

I came across this article in the REALTOR online magazine.  It lists the top 10 cities for singles, and Seattle is noted as number 6.   Hot-lanta (Atlanta) is listed as #1 and NYC is #8…. interesting.

Do you have any thoughts on who should have ranked in the top 10 that isn’t listed there already?  I was a little surprised to not see Portland, but then again, I think fewer people have spent time there than Seattle.

I’m just curious, would this be a good marketing strategy?  And why is REALTOR Magazine that worried about it if we can’t really talk about marital status in the local market place because of Fair Housing mandates?  Yes, I’m being a little funny on this last bit, but it is interesting to see the article and then have to think about it in terms of what I can do with that information.  As a seller, you can’t really talk or promote to a particular group but as an agent preparing general marketing of my services to various demographics, I could tout this as a reason why people relocate here or to focus on buyers from this demographic.

Regardless of the impact on real estate, I agree that Seattle should be in that top 10 list!

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Going “Green” in 2008 part 3 – at the Northwest Flower & Garden Show?

Whodathunkit?  They actually have to talk “green” at a show that is all about outdoor spaces.  Alright, I’m being a little facetious since we all know you can grow a garden with loads of chemicals and genetically altered plants.  Since I’ve always gardened organically (the past 15 years or more at 5-6 different home sites) of course I am pleased to see that we’re coming back into a time where individuals believe that we can take a role in better caring for our planet and the resources used in it, as well as what we derive from it.

Just this morning I was marveling at the bounty that my partner and I were able to enjoy this morning as we went for our morning walk with our 3 dogs.  On the trails around our house we picked blackberries – we’ve been enjoying these for a couple of weeks now – and today’s haul was around a pound worth.  From our own home we picked pears and apples from the 3 fruit trees we own.  This morning’s breakfast consisted of a tasty yogurt, fruit and nut mix I made for us out of these items and we’ll be sharing our items with neighbors too.

Speaking of neighbors, we have a lovely elderly woman next to us who is growing tomatoes and hot peppers.  It’s funny because she grows tomatoes every year, but she doesn’t eat them.  She tells me that she likes to just have something growing and these are easy for her to do. One caveat she has for using them though is her “cha cha” that she makes which utilizes green tomatoes in the mix of goodies in this hot, tasty treat for the mouth. Think kimchi and you’ll get an idea of what it is.

Anyway, back to the NWFG show….

Here is an excerpt from the press release sent out today:

SUSTAINABLE GARDENING TAKES CENTER STAGE ATNORTH AMERICA’S THIRD LARGEST FLOWER & GARDEN SHOW  Organizers of Northwest Flower & Garden Show Reveal Theme for 2009 Event 

SEATTLE – Salmon Bay Events, organizers of North America’s third largest flower and garden show, today announced initial details on the 2009 Northwest Flower & Garden Show including the show’s theme – “Sustainable Spaces. Beautiful Places.” “Next year’s show will place a major focus on gardening materials and techniques that are good for the environment,” said Duane Kelly, chairman and founder of the annual event, now in its twenty-first year. “Show goers can expect to come away with a number of great ideas that conserve resources such as water and soil while, at the same time, making their gardens more self-sustaining and easier to care for.” 

During the past year, organic gardening and vegetable gardening have grown in popularity thanks to the public’s keen interest in doing what’s best for the environment.  The movement has also gained traction with consumers seeking homegrown fruits and vegetables that not only taste better but reduce ever increasing grocery bills.  The annual event, which will span a total of six acres, showcases 25 full-scale gardens and offers over 120 free seminars for both veteran and aspiring gardeners looking for ideas and information on how to reinvigorate any outdoor living space. This year, full-scale gardens will focus on a greener future, featuring the elements of a sustainable lifestyle including native plants, organic vegetable gardens, creative recycling and composting. 

WHAT:              2009 Northwest Flower & Garden Show                        www.gardenshow.com WHEN:             February 18 – 22, 2009 

                        Wednesday, Thursday, Friday, Saturday, 9 a.m. – 8 p.m.                        Sunday, 9 a.m. – 6 p.m. WHERE:           Washington State Convention and Trade Center7th & Pike                        Seattle, Washington

Because of my blogging, I guess I’m now also considered part of the press covering their events (I’ve written about NWFGS for a couple of years at least in various online venues) and I may actually contact them to ask some questions. Do any of you out in the public have any you’d like me to get answered for you?  I’m personally interested in hearing how they might be highlighting not just soil, plant, and watering techniques but also products that can be used to retrofit houses that want to recapture roof water, preventing run offgrey-water retrofits, creating a bug free or beneficial bug friendly retention pond on site to filter run off, pervious surface options, and more.

There are some new construction developers that utilize a lot of these methods, such as Martha Rose Construction, and sometimes you’ll see these kinds of custom projects in magazines like Dwell, but I’d like to see how a current homeowner can reduce, reuse and recycle too.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Comments on listing photos I’ve recently come across both good and bad

Ok, so the first one is something I find very cool.  It is of a wine cellar space in an older home.  I’m a big fan of the slightly curved wood being used for storage of the cases of wine and I also like the little plank sticking out of each space that allows for an upright bottle of whichever vintage is being stored.  Granted, you might feel more limited in mixing bottles in each section, but cellars are always changing over inventory.

The next shot is one that convinces me, yet again, that I love Scott Chytil of Chytil Photography as my “go to” guy for listing photos.  He would NEVER let this happen!!!!

Hello Mr./Ms. Photographer!  I think we can see where you may be standing for this shot.  This would never get approved by me and we’d be having a little edit job completed before using it in a series of photos for our listings.  If you were the seller, would you be pleased with this photo?  I don’t think so.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter