Goals and the Holidays

The holidays are almost here and with the end of the year comes goal setting for the next year.  A great book written by Mark McCormack called "What They Don't Teach You at Harvard Business School" discovered that in his graduating class in 1979 MBA class 3% wrote goals, 13% thought about their goals and the rest were ready to be done with school.

He then went back 10 years later and checked on the results of goal setting.  Here are the results:

• The group that had non-written goals( the 13% group) was making twice as much salary as the 84% that didn't set any goals.
• The group of students that wrote their goals down ( 3% group) are making 10X the salary of the the other 97% that thought about their goals or didn't do goals at all!!!

I think we all would like to make ten times the salary we already do.  This then sets up the question.....Why am I or why are you not setting goals each year??  Resolutions are made each year.  Most of them start off with either eating better, losing weight, working out more each week, being a better person or parent or significant other.  Why wait till the end of the year to set your goals?  The time is now to set them and answer the tough questions.

The best way to make goals is not to do them and store them some where and review them in a year!  Have a goal setting person or people that you meet with each month.  This way you can motivate each other and listen to each other in times of good or bad.  It is a support system and this is important during setting goals!

Set little rewards during the year to help you push through times that don't seem to have much going for them.  They don't have to be large rewards but they should mean something to you.  

Also, planning daily activities to these goals will help you keep on track and keep you going during times of slow business or activity.


I meet with a business partner I have known for years.  We just started about 6 months ago doing this with each other and it has really been inspiring and rewarding to see each other succeed.  A good support system is important in anything you do but even more important in business.  Having the right partners in your business is the key to success!


Have a great Holiday and 2012!

 

New Seller Vacant Land Real Estate Condition Report-Mandatory

2011 Wisconsin Act 107
Vacant Land Condition Report

On December 7, 2011, Gov. Scott Walker signed legislation into law that requires sellers of vacant land to complete a vacant land condition report (VLCR) at the time of the sale. The new law, 2011 Wisconsin Act 107, requires all sellers of vacant land to complete the VLCR, except for persons who are exempt under current law, which are personal representatives, trustees, conservators and fiduciaries appointed by the court. The new law will go into effect July 1, 2012, and it received overwhelming bipartisan support in the legislature.

Read more about this new law here:  www.wra.org/2011VacantLand_Memo

Updated First Weber app for iPhone, iPad, iTouch and all Android devices

New First Weber App on iOS and Android

With all of the tools out there to help you see the homes that you want, when you want, you need to check out the updated First Weber app on the app store.  The Android version will be available by the end of December for release.  

I am going to go over the new features and new tools to help you understand the market and get tons of details on any home that is listed on the MLS.

First Weber app allows for the following inside the app:

• Automatic location based search: your location is immediately found when the application is opened and all of the properties around that location are shown.  You can filter the search by different criteria.  Use the + sign to select different criteria, map style or life style points of interest.

 

• At the bottom, the circle is the ability to draw an object to save an area. It will show you the active and sold properties located in the area that was drawn, show you stats and allow you to save it if you want to see it anytime in real time!  All of this can be synced with your My First Weber account that is free on www.firstweber.com

 

•  If you find a property that you like, click on it and find out the details.  You can share the listing, save it as a favorite( syncs with your My First Weber account), request a showing and even call, text or email the listing agent about this property. 
• You can view the details fully by clicking on details.  
• Get directions on your phone to get to the property that you like.
• If you turn the phone or tablet sideways, you will see the photos in landscape view.

 

 

 

• As a  note, if you are working under Buyer Agency with any company, please contact your agent about wanting more information or a showing on any property. 
• The next area that you can click on is the First Weber logo in the bottom right hand corner.  
• There you can start a new map search to search any where in the entire state of Wisconsin!
• Go to your saved map searches 
• View your favorites
• See the homes that you have recently viewed
• Sign into your My First Weber account to sync all of your information
• or Find an agent in the directory

Another reason that First Weber is your source for buying and selling real estate.  We are committed to the latest tools and technology to help you in your real estate goals.

Happy Searching! 

Short Sales....Are you prepared?

Short Sales....The Proper Application and Knowledge During This Difficult Process

The process of buying a home is difficult, and when you add a possibility of adding a short sale to it can complicate it even more.  No matter if you are a buyer or seller, the information below is important to make sure it is all ready and submitted to the bank for approval before you can even move forward.

Here are most of the items that a bank will need and ask for so it doesn't end up back on your desk!

Financial Information

• Tax information
• Two most recent 1040′s
• Two most recent W2′s
• 60 days of current bank statements
• 30 days of current pay stubs or commission check stubs
• If self employed-pay stubs or YTD profit and loss statement
• Monthly budget/financial statement signed and dated same day as P&S

Hardship information

• Hardship letter dated signed same day as purchase contract
• Any docs supporting the actual hardship
• Medical bills
• Child support or alimony payment information. Divorce decree or child support order

Mortgage & Other Relevant Property Information

• 1st Mortgage statement
• 2nd Mortgage statement if applicable
• Recent Real Estate tax bills
• Recent condo association bills if applicable
• Any recent water or sewer bills

Other Pertinent Documentation

• Authorization form
• Short sale disclosure
• Waiver of conflict if representing the buyer
• 3 recent comps
• Listing agreement
• Offer/P&S
• Listing history
• Buyer proof of funds letter or Pre Approval letter

These are required by every bank, with some banks adding additional documents they may want in addition to these.

Make sure you hire the right Realtor and one with knowledge on this topic before allowing them to help you in this process.