Good News For The Housing Industry
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Tech Thursday Schedule
Below is the upcoming Tech Thursday schedule through September:
- August 6th - New Features on MLS
- August 12th - New Features on MLS
- August 20th - Importing Graphs in your Listing Presentations
- August 27th - Sneak Peak at CB Link
- September 3rd - No Tech Thursday
- September 10th - Creative and useful Real Estate Websites
- September 17th - Texting with ProRealTour
ProRealTour Update
We are happy to inform you that the program has been upgraded to allow agents to capture the contact information of the inquiring client. In order to implement this feature, it is necessary for you to follow a few simple procedures. This includes accessing the Control Panel and activating the text or e-mail option for your listings. There are also new sign riders designed for the texting option. You will need to replace your existing riders with the new riders. Contact Tonyia Cormican for replacements. You will keep your existing Tour Number, only the sign rider will change. The instructions for activating the text messaging has been emailed to each of you. If you need the directions again, please contact Tonyia Cormican. The radio spots airing have been changed to reflect the texting option. A revised flyer is available in Virtual Office in Forms Online.
Local Company Stats - YTD
Below are the Local Company Stats that was discussed at the Sales Rally. If you would like a printed copy of the stats, please email Michelle Barnett.
(Click on each image for larger view)
MLS Stats - June 2009
Active Listings:
(June 2008: 16,359) (June 2009: 14,077) Down 14%
Listings Taken:
(June 2008: 4,142) (June 2009: 3,678) Down 11%
Solds:
(June 2008: 3,386) (June 2009: 3,618) Up 6%
Expireds:
(June 2008: 1,157) (June 2009: 1,087) Down 6%
Pendings:
(June 2008: 2,927) (June 2009: 3,361) Up 15%
MLS Stats - May 2009
Active Listings:
(May 2008: 15,954) (May 2009: 14,035) Down 12%
Listings Taken:
(May 2008: 4,371) (May 2009: 3,535) Down 19%
Solds:
(May 2008: 3,238) (May 2009: 3,044) Down 6%
Expireds:
(May 2008: 1,089) (May 2009: 843) Down 23%
Pendings:
(May 2008: 3,140) (May 2009: 3,430) Up 9%
MLS Stats - April
Active Listings:
(April 2008: 15,456) (April 2009: 13,771) Down 11%
Listings Taken:
(April 2008: 4,330) (April 2009: 3,642) Down 16%
Solds:
(April 2008: 2,890) (April 2009: 2,558) Down 11%
Expireds:
(April 2008: 1,200) (April 2009: 901) Down 25%
Pendings:
(April 2008: 3,078) (April 2009: 3,268) Up 6%
Direct Deposit For Commission Checks
Direct Deposit for Commission Checks is now available!
To setup your direct deposit, you must see Tonyia or JoAnn at the front desk and ask them for the Direct Deposit application form. Fill out the form completely & sign it. A voided check containing bank routing information for the account needs to be attached to the application. Attach a deposit ticket if you are directing the funds to a savings account. Once completed, return the form to Michelle Barnett. The application will be sent to corporate for processing. Please allow 10 business days for the application to be processed. Your commission checks will then be deposited directly into your checking or savings account on the morning you should have received the actual check. This is 3 business days after the closing is processed by the office staff. You will also receive a notification that your deposit has been made. You will receive a Non-Negotiable check stub confirming the processing of your payment.
To setup your direct deposit, you must see Tonyia or JoAnn at the front desk and ask them for the Direct Deposit application form. Fill out the form completely & sign it. A voided check containing bank routing information for the account needs to be attached to the application. Attach a deposit ticket if you are directing the funds to a savings account. Once completed, return the form to Michelle Barnett. The application will be sent to corporate for processing. Please allow 10 business days for the application to be processed. Your commission checks will then be deposited directly into your checking or savings account on the morning you should have received the actual check. This is 3 business days after the closing is processed by the office staff. You will also receive a notification that your deposit has been made. You will receive a Non-Negotiable check stub confirming the processing of your payment.
Frequently Asked Questions:
How long from the time I submit my request will direct deposit go into effect?
It takes approximately 10 business days to process the request.
How am I notified that deposit has been made?
You will still receive a Non-Negotiable check stub confirming processing of the payment.
How fast are commission payments deposited to my account?
Payments will post to your account on the same day that a live check would be delivered to your office. This is 3 business days after the closing is processed by your office staff.
Payments will post to your account on the same day that a live check would be delivered to your office. This is 3 business days after the closing is processed by your office staff.
What if I change bank accounts?
You must submit another direct deposit application form.
You must submit another direct deposit application form.
Can I have my funds deposited to more than one account?
Only one account can be used to deposit the funds.
What if I decide to discontinue direct deposit?
You must notify us in writing. It takes approximately 10 business days to process the request.
You must notify us in writing. It takes approximately 10 business days to process the request.
March MLS Stats
Active Listings:
(March 2008: 15,095) (March 2009: 13,808) Down 9%
Listings Taken:
(March 2008: 3,647) (March 2009: 3,849) Up 1%
Solds:
(March 2008: 2,880) (March 2009: 2,560) Down 11%
Expireds:
(March 2008: 1,164) (March 2009: 1,020) Down 12%
Pendings:
(March 2008: 2,612) (March 2009: 2,568) Down 2%
2008 CBWS Award Winners
Congratulations to the following Coldwell Banker West Shell 2008 Award Winners!!
MLS Stats - February 2009
Active Listings:
(February 2008: 15,020) (February 2009: 13,219) Down 12%
Listings Taken:
(February 2008: 3,530) (February 2009: 2,845) Down 19%
Solds:
(February 2008: 2,192) (February 2009: 2,052) Down 6%
Expireds:
(February 2008: 1,168) (February 2009: 947) Down 19%
Pendings:
(February 2008: 2,658) (February 2009: 2,386) Down 10%
Office Blog Poll
Please participate in the Office Blog Poll located on the right hand side of the page (underneath the office administrators). You may choose multiple answers.
Kentucky CBWS Offices Merge
It was announced on February 11th that Coldwell Banker West Shell is combining our Florence office and our Crestview Hills office into one powerful Northern Kentucky regional service center in our existing Crestview Hills office location. Peggy Thurza and Cheery Malone, both very skilled office managers, will serve as co-managers. This move is consistent with the company's overall strategy in today’s market of using every resource we have available to truly drive more business to our sales associates. We are anticipating that the move will be completed in the first two weeks of March. Should you have any questions about the merge, please see Steve Oyler or Sandy Stephens.
Stimulus Package
7As trusted advisors to your customers and clients, helping them make intelligent decisions has never been as important as it is now. The American Recovery and Reinvestment Act that Congress passed last has been confusing everyone as it traveled between Senate and House committees to eventual passage. The attached flyer is important to your current business because you may have pending transaction that will benefit from this bill. You may also use this flyer to send to a past client who closed on an eligible property since January 1, 2009, and more importantly, who in your sphere may have been on the fence about a purchase of a home?
In coming days you’ll have the opportunity to begin seeing and hearing our Qualified Answers TV and radio campaign as it rolls out and note that it is clearly directed to the first-time home buyer. The stimulus package also addresses the first-time home buyer as its main target to help jump-start the economy as noted in the attached flyer. A printable version of the flyer was sent via email from Randy Wax on February 17th or you can see Michelle Barnett for copies.
In coming days you’ll have the opportunity to begin seeing and hearing our Qualified Answers TV and radio campaign as it rolls out and note that it is clearly directed to the first-time home buyer. The stimulus package also addresses the first-time home buyer as its main target to help jump-start the economy as noted in the attached flyer. A printable version of the flyer was sent via email from Randy Wax on February 17th or you can see Michelle Barnett for copies.
Broker's Commission Fee ~ 4%
Effective February 16, 2009, all listings taken by a Coldwell Banker West Shell agent at 7% will no longer be subject to a Broker's Commission Fee.
With the challenges in today's current real estate market the services that you, along with Coldwell Banker West Shell, provide to your clients have never been in greater demand. Because of that, now more than ever, you deserve to get paid what you are worth and we are going to help. Coldwell Banker West Shell is committed to helping all of you increase your income by raising your average listing commission for each one of your listings. As part of our agent development series, Sean Carpenter will be working with each one of our managers and sales associates to help assist them in providing the skills, tools and dialogue to improve their average listing commission rate. We will also be seeking out those agents who have tremendous skills and dialogues at capturing a full fee both within and outside of our organization and sharing their techniques with you.
The process for waiving the Broker’s Commission for those listings you secure at 7% is simple. All you will need to do is cross out the Broker Commission portion on the listing contract and have your clients initial and date the change.
Every situation provides an opportunity. As an organization working together to better improve our overall skills and services we, along with our clients, will ultimately benefit.
With the challenges in today's current real estate market the services that you, along with Coldwell Banker West Shell, provide to your clients have never been in greater demand. Because of that, now more than ever, you deserve to get paid what you are worth and we are going to help. Coldwell Banker West Shell is committed to helping all of you increase your income by raising your average listing commission for each one of your listings. As part of our agent development series, Sean Carpenter will be working with each one of our managers and sales associates to help assist them in providing the skills, tools and dialogue to improve their average listing commission rate. We will also be seeking out those agents who have tremendous skills and dialogues at capturing a full fee both within and outside of our organization and sharing their techniques with you.
The process for waiving the Broker’s Commission for those listings you secure at 7% is simple. All you will need to do is cross out the Broker Commission portion on the listing contract and have your clients initial and date the change.
Every situation provides an opportunity. As an organization working together to better improve our overall skills and services we, along with our clients, will ultimately benefit.
MLS Stats - January 2009
Active Listings:
(January 2008: 15,046) (January 2009: 13,083) Down 13%
Listings Taken:
(January 2008: 4,000) (January 2009: 2,986) Down 25%
Solds:
(January 2008: 2,044) (January 2009: 1,508) Down 26%
Expireds:
(January 2008: 1,422) (January 2009: 1,281) Down 10%
Pendings:
(January 2008: 2,210) (January 2009: 2,226) Up 1%
Linda Maurer's Character Awards
Once a month, Linda Maurer presents Character Awards to students at North Dearborn Elementary. It is for grades 1-4 and once a month the teacher will submit a name from each class (about 23 total) who have been nominated by either a student or the teacher for being a good citizen or exhibiting outstanding character for that month. Linda provides a pizza party and presents the students with their certificates, which they love! Usually when asked the students say they helped another student when they were sick or hurt or let them borrow some school supplies. The principal and teachers are also very much into it since they are always looking for ways to reward good citizenship. Sandy Stephens gave me this idea last year in a coaching session and it has been very rewarding.
Congratulations Linda for making a difference in a child's life!!
Agent 1099 Update
All agent 1099's were mailed out this past Saturday, January 31st. The 1099 help desk coverage is now available should you have any questions about your 1099's. Agents can reach the helpdesk at 1-800-473-8633. Also, please reminder that you can email the helpdesk at 1099.help@nrtinc.com.
Friday Workshops
At our 10am Friday Workshop we had Sandy Hirsch, so Sandy got an individual coaching session. At our 11am Friday Workshop we had Ray Penno, Ed Frede, and Sandy Davis. We talked about getting the plan for 27 touches for your bullseye and we also talked about taking the time to call your bullseye, every month. Because we had those that trooped through the weather, we gave them a prize for showing up this morning!
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