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Tuesday, October 26, 2010

Something to think about...

"Nothing in the world can take the place of persistence.

Talent will not; nothing is more common than

unsuccessful men with talent.

Genius will not; unrewarded

genius is almost a proverb.

Education will not; the world

is full of educated derelicts.

Persistence and determination are omnipotent.

The solgan "press on" has solved and always will

solve the problems of the human race."

Calvin Coolidge
www.JamieBoone.com
www.HelloVirginiaHomes.com

Monday, October 25, 2010

Doing The Right Thing?

Doing The Right Thing? (Members Only) (edit/delete)
The NAR Code of Ethics is not a unique phenomenon...or is it? There are hundreds of professional and trade group codes of ethics. Like, physicians, lawyers, funeral directors, and even wedding planners (remember Bride Wars-the movie) to name just a few, and all have professional codes of ethics. So also do many individual companies and corporations. All vary in range and their complexity but none the less they have codes to follow. It helps us and guides along our chosen professions and paths. Like guardrails along the highway, it keeps us accountable and in the yellow lines. Unfortunately, we have to be reminded of them from time to time to readjust the auto pilot and remind us of simply "Doing the right thing".

Professional codes of ethics serve essentially four purposes as Bob Hunt put it:

(1) Codes of ethics bring to our attention and provide direction with respect to issues that might not otherwise even have been identified as matters of ethical concern.

(2) In many situations, codes of ethics provide us with the wisdom and insight of those who have preceded us.

(3) Professional ethics codes sometimes also cover matters that are not so much ethical as they are issues of professional etiquette or proper procedure.

(4) Professional ethics codes are also sometimes used for the purposes of "drawing lines" in order to remove any uncleared about what may be considered acceptable or unacceptable.

So, we will benefit financially if we are ethical or unethical we have to ask ourselves. I say this, Thomas Kostigen of MarketWatch relates a Penn State study that shows how reputable companies had gained financially. Between 1983 and 1997, Fortune's most-admired companies increased annual returns, on average, by 22%. James Mitchell, author of The Ethical Advantage, refers to a Harvard Business School study that showed differences between companies that had an ethical culture and those that did not. Over an eleven year period, the former experienced revenue growth four times as fat, and stock price increase 12 times as great, as the latter. Companies have better employee retention rates when the employees perceive their bosses and co-workers to be persons of integrity.

I know I feel better when I am living right and doing the right thing. My energy level is positive and I project that aura to others that I meet and work with. As we pound the pavements in our everyday sales attempts there will be inevitably this question that will come across our minds. Is it the right thing? If you have to ask yourself that question, then the answer is most definitely it is NOT the right thing to do! www.JamieBoone.com and www.HelloVirginiaHomes.com

Friday, October 22, 2010

Reator® Code of Ethics & Doing the Right Thing

(1) Codes of ethics bring to our attention and provide direction with respect to issues that might not otherwise even have been identified as matters of ethical concern.

For example: The Realtor® code of Ethics requires that any advertisement of a listed property for sale must include the professional status of the Realtor® doing the advertising and the name of the Realtor® firm. What, one might ask, is the ethical concern here? The answer is: Without such identification a potential buyer might be wrongfully misled to think that the property was being advertised by the owner. Now, that might not have occurred to one of us, unaided. The Code, as it were, brings to our attention the fact that there is a chance for misleading here, and that is somehting we want to avoid.

Stay tuned for more examples of "Doing the Right Thing"
www.HelloVirginiaHomes.com

Monday, October 11, 2010

What Will Be the Effect Of The Foreclosure Halt?

The ripple effect of the abrupt halt to foreclosures is far reaching then we can imagine!

Here's just a partial list of those affected:

•Buyers
•Contractors who were going to repair the home. This alone has a massive effect on employment. Hard working Americans who build America are abruptly out of work, again.
•The entire manufacturing and supply chain of material needed to renovate repurchased foreclosed houses.
•Movers
•Closing attorneys
•Appraisers
•Appliance retailers and wholesalers and manufacturers
•Neighborhoods suffer more blight for an additional extended period of time.
•Owners who moved away and have to maintain the house. Some municipalities file criminal complaints against owners who don’t mow the grass or fix vandalism beyond their control.
•Owners who have to pay insurance on an unwanted home. Without insurance, the homeowner in limbo will be on their own if they’re sued by someone who gets injured on the property.
•This is just a brief and partial list of those who are immediately affected by this abrupt halt. The ripple effect of the foreclosure halt is far reaching.
•Realtors, especially Realtors who rely heavily on listing REO's.
The losses incurred by all those affected will cause more unemployment which will cause more foreclosures.

This foreclosure halt is truly a crisis within a crisis.

Who else have you noticed affected by this abrupt halt?

I welcome your opinions and thoughts.

www.hellovirginiahomes.com

Jamie

Tuesday, October 5, 2010

Let's Make Them Loyal!

What can we do as REALTORS® to consistently provide magical experiences for our customers? How can we get those referrals and those excellent survey ratings? Well, here are 5 examples of good customer service! 1. DO WHAT YOU SAY YOU'LL DO. 2. SHOW UP ON TIME AND LEAVE LATE. 3. CREATE REALISTIC EXPECTATIONS, WHETHER IT'S THE SELLING PRICE OR THE TRANSACTION TIMETABLE. 4. OFFER PROACTIVE SERVICE- CALL CLIENTS BEFORE THEY CALL YOU. 5. BE POLITE AND RESPECTFUL, AND NEVER NEVER FORGET TO SAY "THANK YOU". What kinds of things can damage our customer service relationship? Too many bad experiences or broken promises quickly eliminate confidence and trust. If you don't show up on time or fail to sell a house in the time frame you described, that can be the end of the game right there. Most people want to give you the benefit of the doubt. But usually, a lot of good experiences have to happen before the bad ones disappear. Stay tuned for more "Making Them Loyal" pointers! Happy House Hunting...www.jamieboone.com