Archive for October, 2007
Have you entertained the idea of supplementing your traditional investment portfolio with one or more residential rental properties? Recent changes in the mortgage market could make such a move favorable.
The window has all but closed for those with limited credit and no money down to purchase a home. For several years this segment of the population has been able to purchase their homes, now they will have to revert to renting.
The opportunities that I am referring to could be professionally managed, so the bulk of traditional landlord duties are off of your shoulders. I want to stress that this type of investment does not produce huge returns in the short term. What it does is provide a vehicle whereby you can leverage other people’s capital and build cash flow and equity over time.
There are many factors to be considered before buying investment property. Please give us a call or send an e-mail. We will be glad to discuss the possibilities with you.
New on our website are several reports on Charlotte Real Estate Market trends! These reports show average sales price, months supply of inventory, and more. We will continue to offer the sales reports from REALTOR Reflections magazine here on the blog, but the more detailed reports will be offered on Top Charlotte Agent and updated each month.
November the 7th has been chosen for the 1st Annual "For No Reason Everyone from Charlotte Go Up to Olde Beau and Play Golf" tournament. Why? Why not?
My uncle, who is a member, has been gracious enough to invite myself, family members, friends, and business colleagues for a day of golf and fun. We’ll start at 10am and are hoping for cooler, but not too cold weather. The views from the back 9 are breathtaking!
We haven’t picked a format yet or how prizes will be awarded and what those prizes will be. I hope to have some good pictures afterwords to post here.
While we’re not sure yet whether we’ll be frozen or passing out from the heat, it should be a fun day!
Here is the latest report on Charlotte Real Estate Trends courtesy of REALTOR Reflections magazine, October issue.
This report shows recent trends in 4 different areas of the Charlotte Real Estate market, including average days on the market and the average closing price.
This report is a general overview of the Charlotte area – for more detailed information, feel free to contact our office.
The writer is a long time Realtor with Prudential Carolinas Realty in Charlotte, North Carolina. As a matter of fact I’ve been with them for 16 years, represented thousands of clients, and continue to be the number one agent in the Ballantyne Area office, the top 1% in the nation and the number two Prudential agent in all of the Charlotte market! So does that make me a great agent? What defines a great agent? Well you can ask my clients, visit my website or read the book "Good to Great" and you just might learn what makes a company just that: great. I have a business model that understands what our clients need and deserve.
Have you ever relocated from one city to another and purchased a home? In most cases you don’t know a soul, can’t find the best medical folks to help you or your family or know where the best schools are. I am the first Real Estate contact you make after your company relocation department assigns you. Sometimes the chemistry isn’t the best because your agent doesn’t always listen. The great agents (and there are many) listen more than they talk, make on target recommendations, but the most important element of a great Realtor is to tell their clients what not to buy rather than what to buy.
Do you want to know what makes a Great Agent? Call me or comment here and I’d be delighted to discuss it further.
Irv
Recently I encountered a client that was more concerned with statistics than selecting the right Real Estate agent to represent he and his family in his relocation out of Charlotte. What a shame that we have come down to the only thing that matters is who will flinch first and lower their fee (salary) for the next 3-6 months. Are there any professionals out there that would cut their salary buy 1/3 for the next 6 months? Selecting the best agent is far more important than who will cut their fee’s/salary.
We’ve been the number 1 agent in this office and number 2 in the Charlotte market for Prudential for many years. How do we do it year in and out? We realize that what it takes. I just received a call from a client that has their estate home listed with me. She’s out of town and has left some papers out in the open. I’m going there now to take care of that for her. Being The Top Charlotte Agent didn’t come easy and staying number 1 is even harder. Being average has never and will never be good enough.
Tell me what you think you would expect from your top agent. I’d like to hear it from you.

It’s the time of year when we get our new "Living Here" magazines from the The Charlotte Observer. This comprehensive guide to Charlotte and the surrounding areas forms the centerpiece of our relocation packages that we send to our out-of-town clients. Here’s a picture of Irv hard at work trying to figure out where to store a year’s worth of magazines (if we can keep him busy he stays out of trouble!) If you’d like to learn more about Charlotte let us know and we’ll send you a package.







