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Price versus
Value! |
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Some deals are too good to pass up!
I heard a good comparison story that explains the concept of
price vs. value pretty good and here it is...
Part 1.
A bicycle salesman approaches a guy in his store and tells him about
the great sale going on. The pitch is very convincing with the super
lightweight titanium frame, with new tech super lightweight helium tires and a
built-in XM radio and GPS system. The salesman said that due to the slow
economy, they are cutting the price in half so he can get it for only
$500.
The prospect says that is an unbelievable great deal but said he is short
on cash and will have to pass up on it despite the super sales pitch.
Part 2.
As the guy with no money to buy the bike is leaving the store, he runs into
a friend on his 2000 customized FXR Harley motorcycle that approaches him and
says that his wife is going to leave him if he does not sell his motorcycle
fast. He said the Harley was worth $18K. To save the marriage, he was willing
to sell it for only $5000 but it had to go today.
The same guy said, I don't have the money right now but if you will hold it
for me for 1 hour, I'll get
it!
Moral of the story...
Even in a slow economy, people will find a way to buy a deal. Buys occur
when the value exceeds the price in the buyer's mind and the greater the
difference, the stronger the buy signal. This is why plenty of homes are
selling across the country in every town. The value exceeds the price and there
is usually a good realtor helping the buyers see this!
Moral of the story for a person thinking about selling in this
market: Find the best listing agent you can and price it right with the market
with a great marketing plan so it sells fast!
For homeowners and investors, it's good to
know the Cost vs. Value too and here's the Realtor.com
remodeling cost vs value report
link...
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My brands* that I
represent are:
Want to jazz up your website? Add the "get approved" graphic
below and then put my website link in the properties of the image as follows.
Call me if you need help with this.
*Any time I am working with your client, if
you are under a specific brand, I am projecting your brand logo in all that I
say and do as do my colleagues.
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Tip of the
Week: Using the "7%-38%-55%
Rule" |
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Your body
language is the key!
A study done at UCLA found that communication is mostly about your body
language when talking face-to-face with people. The study found that effective
communication is based on:
- The words you speak: 7%
- The tonality you use: 38%
- Your body language: 55%
So, use this knowledge to communicate better and start off by making the
hardest sale that you can. Sell yourself first!
Sell yourself on your abilities and the market and then use this new
passion to sell others. Use your hands to show expression, show enthusiasm,
show interest in the person you are talking to and use their names too in your
conversation. People love hearing their names and this will help them get
excited about your conversation too.
Try some new enthusiasm
in your conversations this week and see if you get some new prospects
too.
Go ahead, get excited and show it!
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Weekly Mortgage
Commentary Snippet |
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Rate Lock Advisory - Friday Nov
21st

Friday's bond market has opened sharply
lower, giving back much of its gains from the past two days. The stock markets
are showing gains but no major rebound from yesterday's beating. The Dow is
currently up 35 points after falling 444 points yesterday while the Nasdaq has
gained 8 points. The bond market is not having a good day, currently down 39/32,
as investors shift funds back out of bonds. This will likely push this morning's
mortgage rates higher by approximately .375 of a discount
point.
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Thanksgiving
Meal - An All American Tradition. |
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Thanksgiving USA
The American Thanksgiving holiday began as a
feast of thanksgiving in the early days of the American colonies almost four
hundred years ago.
In 1620, a boat filled with more than one hundred
people sailed across the Atlantic Ocean to settle in the New World. This
religious group had begun to question the beliefs of the Church of England and
they wanted to separate from it. The Pilgrims settled in what is now the state
of Massachusetts. Their first winter in the New World was difficult. They had
arrived too late to grow many crops, and without fresh food, half the colony
died from disease. The following spring the Iroquois Indians taught them how to
grow corn (maize), a new food for the colonists. They showed them other crops to
grow in the unfamiliar soil and how to hunt and fish.
In the autumn of
1621, bountiful crops of corn, barley, beans and pumpkins were harvested. The
colonists had much to be thankful for, so a feast was planned. They invited the
local Indian chief and 90 Indians. The Indians brought deer to roast with the
turkeys and other wild game offered by the colonists. The colonists had learned
how to cook cranberries and different kinds of corn and squash dishes from the
Indians. To this first Thanksgiving, the Indians had even brought popcorn.
In following years, many of the original colonists celebrated the autumn
harvest with a feast of thanks. After the United States became an independent
country, Congress recommended one yearly day of thanksgiving for the whole
nation to celebrate. George Washington suggested the date November 26 as
Thanksgiving Day. Then in 1863, at the end of a long and bloody civil war,
Abraham Lincoln asked all Americans to set aside the last Thursday in November
as a day of thanksgiving.
Thanksgiving falls on the fourth Thursday of
November, a different date every year. The President must proclaim that date as
the official celebration.
In 1939 President Franklin D. Roosevelt set it
one week earlier. He wanted to help business by lengthening the shopping period
before christmas. Congress ruled that after 1941 the 4th Thursday in November
would be a federal holiday proclaimed by the President each year.
Symbols of Thanksgiving
Thanksgiving is a time for tradition and
sharing. Even if they live far away, family members gather for a reunion at the
house of an older relative. All give thanks together for the good things that
they have. In this spirit of sharing, civic groups and charitable organizations
offer a traditional meal to those in need, particularly the homeless. On most
tables throughout the United States, foods eaten at the first thanksgiving have
become traditional.
Turkey, corn (or maize), pumpkins and cranberry
sauce are symbols which represent the first Thanksgiving. Now all of these
symbols are drawn on holiday decorations and greeting cards. The use of corn
meant the survival of the colonies. "Indian corn" as a table or door decoration
represents the harvest and the fall season.
Sweet-sour cranberry sauce,
or cranberry jelly, was on the first Thanksgiving table and is still served
today. The cranberry is a small, sour berry. It grows in bogs, or muddy areas,
in Massachusetts and other New England states. The Indians used the fruit to
treat infections. They used the juice to dye their rugs and blankets. They
taught the colonists how to cook the berries with sweetener and water to make a
sauce. The Indians called it "ibimi" which means "bitter berry." When the
colonists saw it, they named it "crane-berry" because the flowers of the berry
bent the stalk over, and it resembled the long-necked bird called a crane. The
berries are still grown in New England. Very few people know, however, that
before the berries are put in bags to be sent to the rest of the country, each
individual berry must bounce at least four inches high to make sure they are not
too ripe!
In 1988, a Thanksgiving ceremony of a different kind took
place at the Cathedral of St. John the Divine. More than four thousand people
gathered on Thanksgiving night. Among them were Native Americans representing
tribes from all over the country and descendants of people whose ancestors had
migrated to the New World. The ceremony was a public acknowledgment of the
Indians' role in the first Thanksgiving 350 years ago. Until recently most
schoolchildren believed that the Pilgrims cooked the entire Thanksgiving feast,
and offered it to the Indians. In fact, the feast was planned to thank the
Indians for teaching them how to cook those foods. Without the Indians, the
first settlers would not have survived.
I
hope you have a very thanks-filled thanksgiving meal!
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