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 Weekly Issue: Apr 6, 2009

AGENTS
REAL ESTATE
EVENTS
HOME & FAMILY

New_Agents
WELCOME TO OWNERLAND!

New Agents/April 2009
- LATOYA EMBERY

New Agents/March 2009
- MARK CARTER
- JAMES KAWA
- MIKE LEHOTY
- CLINTON OTTO
- OTIS RAY JR
- DAVID TAYLOR
- HAI VAN TRAN



Birthdays_Milestones
Happy Birthday!
- Chris Gerke (Apr 20)
- Tom Oberrecht (Apr 2)
- Chen Xu (Apr 22)

One Year at
OwnerLand Realty!

- Ramona Binford
- Barb Fox
- Tom Oberrecht

Two Years at
OwnerLand Realty!

- Bill Rixey

If your name is not listed here and you have a birthday, or have been with OwnerLand for at least a year, please contact our  HR/Marketing Department by email (weekly@ownerland.net) or phone (513-896-1200.)



Recipes
APRIL FOOL'S
Recipes

Click and Print!


BACK TO MEETING AGENDA

market_rev1

Marketing
MARKETING STRATEGY and TRAINING WORKSHOPS

On Scheduled Thursdays, we will be holding a marketing strategy workshop and agent training.  All new agent orientations will be held on this day as well.  New agents must attend both workshops, but it's not necessary to attend both in one day.  Agents can attend one workshop or both as seating allows.

RSVP is recommended as seating is limited.

There will be an alternate training day each month to accommodate those who are unable to attend Thursday sessions.

If you or a partner you work with would be interested in participating in these workshops as an instructor or sponsor, please call Ginni at 513-896-1200 or email at ginni@j2res.com.


workshop
April 2009
Workshop Schedule

  April 2, 2009 
- Marketing: 10:00a-12:00p
- Training: 1:00p - 4:00p

  April 9, 2009
- Marketing: 10:00a-12:00p
- Training: 1:00p - 4:00p

  April 16, 2009
- AGENT OPEN HOUSE!

  WED, APRIL 22, 2009
- Continuing Education Lunch'n Learn
  Click here to Register!


BACK TO MEETING AGENDA

Agent Voice
Agent_Voice
How Can We Better Serve You?

How are we doing? 

Whether it's good or bad, we want to hear from you! 

Your feedback helps us bring the support our agents need to grow their business.

Click here to submit a comment or suggestion.

Virtual Sales Meeting Conclusion

Thank you for being a part of OwnerLand Realty.  Our success is a result of our awesome agents!  We are so privileged to have you on our team!

We welcome your input in our Virtual Sales Meetings...so please email me (ginni@j2res.com) if you would like to submit an article, helpful hint, recipe...or if you have a great joke to share with everyone.

Have a Great Week!
 
OwnerLand HR/Marketing Dept
230 Northland Blvd
Cincinnati, Ohio 45246
Agent Matters
513-896-1200
ceclass2CE Lunch'nLearn
CE Lunch'n Learn Cost
Includes Continental Breakfast, Lunch Buffet and Refreshments All Day.  Click Here for More Details.
Early Bird Registration: $25  ($15/3 hrs)
(If registered now through April 1, 2009)
-DEADLINE EXTENDED UNTIL APRIL 10, 2009

Pre-Registration: $35  ($20/3 hrs)
(If registered between April 2 - April 19, 2009)

Last Minute Registration: $45 ($25/3 hrs)
(If registered between April 20 - April 22, 2009)
-MUST CALL AHEAD TO VERIFY AVAILABILITY

Compare to CABR $10/hr = $30.00-$60.00

TERMS:
Registration is complete when full payment is received.  Seating is not guaranteed until registration is confirmed.  All registration fees are non-refundable; however, registration may be transferred to another agent or fee may be applied to next CE Class in Fall 2009 for an additional $5.00 fee.


real_estate_section2
Big gains in pending home sales, affordability
sweet equity
According to NAR, increases in pending home sales suggest a possible upswing in sales activity in coming months.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in February, rose 2.1 percent to 82.1 from a reading of 80.4 in January, but is 1.4 percent below February 2008, when it was 83.3.

Lawrence Yun, NAR chief economist, said the market is continuing to underperform.

"Pending home sales have a way to go for there to be a meaningful increase, but recent increases in shopping activity are hopeful indicators that we'll see additional sales gains," he says. "More buyers are getting into the market to take advantage of stimulus incentives and much improved housing affordability conditions, but it will take a few months before we could see this turn up in measurable sales contract activity."

Additionally, NAR's Housing Affordability Index rose to a new high in February.

The Regional Breakdown
The PHSI picture varied across U.S. regions, with increases everywhere except the West: Northeast: rose 10.6 percent to 63.9 in February but is 11.2 percent below a year ago. Midwest: jumped 14.5 percent to 83.1 and is 3.4 percent higher than February 2008.  South: rose 4.4 percent to 85.8 in February but is 0.1 percent below a year ago. West: fell 13.5 percent to 89.6 and is 1.7 percent below February 2008."
published in OAR Connections April 6, 2009 edition

Articles...Real Estate Topics
  • FHA Key to Housing Rebound, Say Realtors® Article.
  • Lowering Mortgage Rates May Have Risks Article.
  • Commercial Rents Down in Q1 2009 Article.
  • Market Conditions   Article
  • Washington Report: Mortgage Interest Write-Off   Article
  • Real Estate Outlook on Realty Times.  Video
  • Think Big Work Small a great up-to-the-minute resource for real estate and mortgage professionals  Video


OWNERLAND LISTING SERVICES
We want to help you sell your listings!
In order to sell listings, you need to get the word out about the property.

OwnerLand Realty has 3 ways to help:
  1. Notify us of your new listings and we will include them in The OwnerLand Weekly Newsletter.  A free service!  Just email Jeff at jeff@ownerland.net with the property MLS number and information.
  2. Make use of our general agent-broadcasting email addresses:  
    agents-cincinnati@ownerlandrealty.com
    agents-columbus@ownerlandrealty.com
    agents-cleveland@ownerlandrealty.com
    agents-toledo@ownerlandrealty.com 
  3. Professional, full-color embedded email marketing featuring your listing including exterior/interior photos, property description, and your contact information sent to all Greater Cincinnati Realtors.  This service requires a fee.
Contact the office at 513.896.1200 for more information. 
Let's get your listings SOLD!

Did You Know?
You can INCREASE your sales and closing ratio in today's real estate market!
money key
Let's face it, you don't make the commissions unless you can get your clients financed! A good lender is the key to your successful closings!

The Professional Mortgage Group is offering competitive loan programs for both owner-occupant and investor buyers of foreclosure properties. First-time buyers can enjoy homeownership with low money down, low interest rate programs, and renovation loans (FHA 203K).

For more information, contact:
Lisa Stewart, loan officer
513-244-1428 office
513-244-1487
fax
lisamitchel10@aol.com

sweet equity

NOTICE!
Changes and additions made to the MLS rules and regulations!

New Rules and Regulations link <----

There have been several new and revised rules made that effect our MLS and industry.  Be sure to read the new information at the link provided above.
 
These rules go into effect IMMEDIATELY!

New Earnest Money Provisions Effective April 7, 2009

Effective April 7, brokers will be able to include new language in their purchase agreements addressing disputed earnest money. This provision (which is optional) will give the parties two years from the date the earnest money was deposited in the broker's trust account to provide the broker with either written instructions on how it is to be disbursed or notice that legal action has been filed with the courts. If neither of these is provided to the broker, the broker can remit the earnest money to the purchaser with no further notice to the seller.

Click here for the "rest of the story"  Rest in Peace Paul Harvey.

agents_section2OwnerLand Agents
The Refund Place,
Cincinnati's fastest-growing full-service tax consultancy.

A tax service for Real Estate agents

How many of us want to pay more taxes than we need to?  Our agent, David Hicks, manages The Refund Place, a tax service that caters to real estate agents, brokers, and investors.

David says, "I'm your in-house tax resource for all things tax, especially as it relates to real estate issues.  In fact, you may email me right now (taxsniper@ownerland.com), and ask any kind of tax question you'd like, with no cost or obligation."
 
"As an associate of OwnerLand, you will get my personal service in the preparation of your Federal, State, and Local tax filing requirements.  Plus, you'll get a free tax consultation which may result in adding another 10-15% to your annual after-tax income starting in 2009!"

 "My staff and I will also treat your home buyer and investor clients just like family.  What better gift to your past clients than to direct them to proper tax counsel right now?  You can even offer tax services as a gift from you (which you can pay for at your own rock bottom rate).  Many agents earn free tax preparation for themselves and their operating entities simply by referring some of their clients.  Your clients deserve to have the best tax people helping them with their new property ownership tax consequences.  Double that for your investors.  Bad tax advice literally costs investors and developers 20-30% or more every year.  There's no better way for you to show you care about your past clients than to let David and his staff put some extra money into their pockets this tax season and take the burden off of them trying to do this on their own."

Please call David at 513-684-1314 or email him at taxsniper@ownerland.com if you'd like more information. 

Agent_Service
AGENT SERVICE SPOTLIGHT

You've got "PEOPLE"

This is where we will make you aware of agent support services that are available free or at a cost. 

Conference Room  Cost to Agent:  FREE!

Available for meeting with your clients or industry partners and your closings.  Please call ahead to reserve your times.

Agent Service Center  Cost to Agent:  FREE!

Need a temporary place to work from?  We have facilities for you to use.  You have access to Wi-Fi high-speed internet, fax, copier, and all of your other office needs.

 

VIRTUAL ASSISTANT  Cost to Agent: (varies)
Based on one week intervals (Monday - Friday)
      • 1-5 hours: $15/hr 
      • 6-20 hours: $12/hr
      • 21+ hours: $10/hr
Agents may order administration support by the hour!  Our administration staff is available to handle any office and/or marketing support OwnerLand agents need including, but not limited to, setting up showings, mail handling, database management, taking property pictures, data entry, etc.

Simply call or email your manager for more information.