IrvineRealtor_IHB
New member
In paying attention to the proceedings here, I?ve been taking notes. My business (100%) is residential real estate and these forums are an amazing opportunity to learn from. Thank you all for your particular insights from different areas of expertise. From architectural design, to lending issues, to feet-on-the-ground neighborhood feedback, you have been keenly insightful and have given me a broader base of knowledge than I could have possibly pulled from on my own.
As a businessman with intentions of staying ahead of the pack, I have particularly been keeping tabs on my own workings and ?areas of improvement? to constantly trim the sails. One item that I?ve recognized is that the perception is that my service is and has been tailored to clients/partners who are looking for (and need) a more full-service approach. That is not a bad thing and I take it as a compliment.
However, it is quite apparent that many/most here on the blog are more than capable of doing most of the research and ?pre-work? on your own:
<span style="color: blue;">- You know which neighborhood you want, often better than a real estate professional.
- You don?t need to be educated in financial literacy. You know what rental parity is and what the Case-Schiller index represents.
- You can spend the time to see the homes and preview on your own.
- You have your own taste and don?t need to be told why you should like a home.
- You are looking for a lower-cost solution to accommodate your needs, <strong>when the time is right to buy for you</strong>.</span>
The question then becomes,
<span style="color: blue;"><strong>?How do I assist this group, and capture some of these leads without compromising my values or diminishing my service??</strong></span>
which brings me to my proposal:
<blockquote><span style="font-size: 14px;"><strong>If you are in a position to provide me with the information I need in order to assist you, and help me best utilize my resources (including time) I am willing and able to assist you purchase your home for terms matching or beating a discount-style model. </strong></span></blockquote>
<strong>How can I do this?</strong>
- My sales license hangs with a large brokerage that typically does not offer these kinds of terms for buyers. In fact, they are very much against such agreements, which is their right. My analogy is that I am working as an independent contractor, like a doctor in a hospital, and I am not allowed to give the hospital?s money away. So?
- This style of transaction will not take place through that brokerage, but through a separate broker?s license (independent, insured, and without restrictions).
- This is not <em>in any form</em> affiliated with the spin-off that IHB has decided to create on their own. If you would like to do business with them, you would need to contact their realtor of choice.
<strong>Why would I do this?</strong>
- Because it makes sense for my clients, and is obviously what they are looking for.
- Because I can.
<strong>What I will need from you, in a note to my email address:</strong>
<span style="color: red;"><strong>1. A completed pre-approval from a direct lender in an amount at least equaling your purchase offer price.
2. Proof of funds, sufficient to complete the transaction (a copy of your bank statement or savings from which you will be pulling the cash.)
3. Your full name(s), email, and contact phone numbers.
4. The property address that you are interested in.
5. The price and terms of the offer you would like to submit.
6. An agreement on what our terms are, up front, in writing.</strong></span>
<strong>What I will be able to provide:</strong>
<span style="color: red;"><strong>- Send you a contract to be electronically signed with digital identification/encryption software and forward the offer to the listing brokerage, even on short sales.
- If/when your offer is accepted, perform a personal cursory inspection of the home and provide feedback via an AVID (Agent?s Visual Inspection Disclosure) statement.
- Assist through the rest of the transaction from professional inspection, to negotiations through the contingency period, and eventually through the close of your escrow.
- Hire a dedicated transaction manager for your file, to monitor all of the paperwork during the purchase and after, and provide you with a CD-ROM of all documents regarding the transaction once completed.
- Stand personally accountable for how you are treated, start to finish. </strong></span>
If someone needs full-service attention and/or wants the deep-pockets style of protection that a major brokerage provides, that is of course still available. If there is some middle ground that is needed, I am open to hearing your proposals. As I?ve always contended, I work for a fair fee. Hopefully this post helps provide a bit more clarity on what this means.
Let me know what you think? feedback welcomed.
-Scott Gunther (IrvineRealtor)
<em>?In business, the competition will bite you if you keep running; if you stand still, they will swallow you whole.?</em> ~ William Knudsen Jr.
As a businessman with intentions of staying ahead of the pack, I have particularly been keeping tabs on my own workings and ?areas of improvement? to constantly trim the sails. One item that I?ve recognized is that the perception is that my service is and has been tailored to clients/partners who are looking for (and need) a more full-service approach. That is not a bad thing and I take it as a compliment.
However, it is quite apparent that many/most here on the blog are more than capable of doing most of the research and ?pre-work? on your own:
<span style="color: blue;">- You know which neighborhood you want, often better than a real estate professional.
- You don?t need to be educated in financial literacy. You know what rental parity is and what the Case-Schiller index represents.
- You can spend the time to see the homes and preview on your own.
- You have your own taste and don?t need to be told why you should like a home.
- You are looking for a lower-cost solution to accommodate your needs, <strong>when the time is right to buy for you</strong>.</span>
The question then becomes,
<span style="color: blue;"><strong>?How do I assist this group, and capture some of these leads without compromising my values or diminishing my service??</strong></span>
which brings me to my proposal:
<blockquote><span style="font-size: 14px;"><strong>If you are in a position to provide me with the information I need in order to assist you, and help me best utilize my resources (including time) I am willing and able to assist you purchase your home for terms matching or beating a discount-style model. </strong></span></blockquote>
<strong>How can I do this?</strong>
- My sales license hangs with a large brokerage that typically does not offer these kinds of terms for buyers. In fact, they are very much against such agreements, which is their right. My analogy is that I am working as an independent contractor, like a doctor in a hospital, and I am not allowed to give the hospital?s money away. So?
- This style of transaction will not take place through that brokerage, but through a separate broker?s license (independent, insured, and without restrictions).
- This is not <em>in any form</em> affiliated with the spin-off that IHB has decided to create on their own. If you would like to do business with them, you would need to contact their realtor of choice.
<strong>Why would I do this?</strong>
- Because it makes sense for my clients, and is obviously what they are looking for.
- Because I can.
<strong>What I will need from you, in a note to my email address:</strong>
<span style="color: red;"><strong>1. A completed pre-approval from a direct lender in an amount at least equaling your purchase offer price.
2. Proof of funds, sufficient to complete the transaction (a copy of your bank statement or savings from which you will be pulling the cash.)
3. Your full name(s), email, and contact phone numbers.
4. The property address that you are interested in.
5. The price and terms of the offer you would like to submit.
6. An agreement on what our terms are, up front, in writing.</strong></span>
<strong>What I will be able to provide:</strong>
<span style="color: red;"><strong>- Send you a contract to be electronically signed with digital identification/encryption software and forward the offer to the listing brokerage, even on short sales.
- If/when your offer is accepted, perform a personal cursory inspection of the home and provide feedback via an AVID (Agent?s Visual Inspection Disclosure) statement.
- Assist through the rest of the transaction from professional inspection, to negotiations through the contingency period, and eventually through the close of your escrow.
- Hire a dedicated transaction manager for your file, to monitor all of the paperwork during the purchase and after, and provide you with a CD-ROM of all documents regarding the transaction once completed.
- Stand personally accountable for how you are treated, start to finish. </strong></span>
If someone needs full-service attention and/or wants the deep-pockets style of protection that a major brokerage provides, that is of course still available. If there is some middle ground that is needed, I am open to hearing your proposals. As I?ve always contended, I work for a fair fee. Hopefully this post helps provide a bit more clarity on what this means.
Let me know what you think? feedback welcomed.
-Scott Gunther (IrvineRealtor)
<em>?In business, the competition will bite you if you keep running; if you stand still, they will swallow you whole.?</em> ~ William Knudsen Jr.
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