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Next 10 years look good for
landlords,
an article from the
Colorado Springs Business
Journal, reports
that according to the
National Multi Housing
Council, the multifamily
property market must
significantly increase
supply to meet demand in the
years ahead. The Washington
D.C.-based trade group
released a report last week
that projects the number of
for-rent households will
increase by 4 million during
the next 10 years, with half
renting apartments at
properties with five or more
units. B.J. Hybl, president
of the Griffis Blessing
Property Services Group
said, “In the long view,
I’d agree. Portfolio-wide,
our occupancies register
about 90 percent today which
is strong, but the next 36
months are tough to predict
in our market. “The troop
movements are an unknown —
and they create and ebb and
flow, especially in certain
neighborhoods.”
http://www.csbj.com/story.cfm?ID=19716
Motivate Your Sphere of
Influence,
an article from
RealtyTimes.com,
reports that there are a few
ways how to motivate your
sphere of influence to refer
to you easily and
effortlessly. One way is to
think of yourself as "the
giver." When you pick up
the phone to call your
sphere of influence, ask
yourself, "What can I give
to them?" If they own their
business, ask how business
is going. Offer to send
referrals to them and how
you can help their
business. Another way is to
call them often. As long as
you have a good reason to
call, they will be happy to
hear from you. Trust
your instinct on how often
you should call them. You
may choose to call your "A
list" about once a month.
And finally, be excited
about your business. No
matter the current condition
of your business, always let
your sphere of influence
know that you are looking
forward to meeting their
referrals and helping them
with their real estate
needs.
http://realtytimes.com/rtpages/20080326_motivate.htm
Additional articles that you
may find of interest:
Community within a community
median prices vary
http://www.csbj.com/story.cfm?ID=19716
Mortgage application volume
rises
http://money.cnn.com/2008/03/26/real_estate/mortgage_apps.ap/index.htm?postversion=2008032607
Home prices: Down record 11%
http://money.cnn.com/2008/03/25/real_estate/case_shiller/index.htm?postversion=2008032513
More Banks Consider Short
Sales
http://www.realtor.org/rmodaily.nsf/pages/News2008032502
Cohousing Grows in
Popularity
http://www.realtor.org/rmodaily.nsf/pages/News2008032505 |