HOA’s, Their Operations and Levels of Power

Legal, Real Estate, Residential
Under the Texas Property Code 209.002(7) a homeowners association is defined as an incorporated or unincorporated association that (A) is designated as the representative of the owners of property in a residential subdivision; (B) has a membership primarily consisting of owners of the property covered by the dedicatory instrument for the residential subdivision and (C) manages or regulates the residential subdivision for the benefit of the owners of property in the residential subdivision. The primary purpose is to help protect the values of the neighborhood within the subdivision by enforcing the rules and restrictions for the subdivision. HOA’s set and collect maintenance fees for the upkeep of the neighborhood. These fees pay for landscaping, maintaining and building recreational facilities, sport fields, parks, streets, sidewalks and just about anything in a…
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Your Hourly Worth

Career
The following calculations are to help you stay on track for the rest of the year with sales and commissions. Take just a few minutes and complete this for a successful end of year. If you intend to make $80,000 this year, do the following: I plan to work 50 weeks this year. I plan to work 5 days per week. I plan to work 8 hrs. Per day. Now do the following: 50 weeks x 5 days x 8 hrs. = 2,000 hrs. Of work for the year $80,000 / 2,000 hours = $40 per hour is what your time is worth. Therefore, each day every hour you are worth $40 every hour. If you intend to make $__________ this year, do the following: I plan to work ______…
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Advertising – Choosing Words that Sell

Career, Marketing, Real Estate
When it comes to writing marketing pieces for promotion and advertising both you and your properties there are some words that just do a better job of “call to action”. The following words will help you do the selling: You or your – “You” is the most powerful word you can choose. It is more powerful than the word money. So instead of writing for example, “my clients say working with me is the best thing that ever happened to them”. Write, “You will notice a huge difference between my professional experience and that of any agent you have worked with in the past”. “You are the most important part of my job. Keeping you happy is my goal.” Money – right after “you” is the word money. People love…
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The Business Cycle That Will Take Us to the Next Level Is Right around the Corner

Real Estate, Trends
Top Ten Reasons the Cycle Has to Move in an Upwards Trend 1. Companies are moving to Texas from all over the US due to our being a “less taxing State” 2. Affordability for employees – Texas homes are the most affordable in the country 3. More homes in more price ranges to choose from than anywhere in the country 4. Stable local market – we had an appreciating median home price last year 5. Interest rates are affordably awesome! 6. NOW is the time to buy – homes are “on Sale” 7. Texas’s economy is strong and household incomes are rising 8. Home prices are stable 9. Texas Lifestyle is filled with amenities – climate, year round recreational opportunities, sporting events, lakes, Gulf of Mexico, cruises, arts and museums…
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5 Changes in Your Business Approach for Dynamic Success

Career, Motivation, Real Estate
First off let's get the negative out of the way by discussing the don'ts in your business approach. Our attitude is a choice. Let's not complain about the economy, or our real estate production or company. Let's not wait for things to change. Let's not wait for our finances, the market, or our marriage to change. The best approach is to create the change by putting our creative thoughts into the challenge and jumpstart the change in our lives. There are gimmicks out there in the market place for getting ahead fast, easy, no effort but as Thomas Edison said, "Success comes dressed in overalls and looks a lot like work". Don't avoid the difficult called prospecting because you are afraid of rejection. Successful people know that out of hard…
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