Plenty of elbow room yet close to everything. Custom home on approx 9 acres. It boast of a gourmet kitchen with cooking island and pine cabinets.   Step outside onto a huge wrap around covered porch. There is also a 60X30 building on the property.

CALL MIKE WARNER TO SEE THIS PROPERTY: 479-721-2701

EXIT PRO REALTY

TO SEARCH HOMES IN NORTHWEST ARKANSAS VISIT WWW.MIKEWARNERHOMES.COM

DOING REAL ESTATE RIGHT IN NORTHWEST ARKANSAS

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A Private, Gated-Entry Community of 900 plus Elegant Homes, Shadow Valley Country Club and  Community Recreation Amenities nestled on 544 Acres with …

  ▪ Lushly Landscaped Entryway

  ▪ Majestic Wooded Hills and Valleys

  ▪ Beautiful Lakes

  ▪ Natural Springs

  ▪ Scenic Osage Creek

Ideally Located in the Bentonville/Rogers area … the Heart of Northwest Arkansas …

  ▪ In the Progressive City of Rogers

  ▪ In the Excellent Bentonville School District

Shadow Valley Country Club including …

  ▪ 40,000 Square Foot Clubhouse

  ▪ Championship 18 Hole Golf Course

  ▪ Tennis Center

  ▪ Fitness Center

  ▪ Overlook Restaurant and Full Service Bar

  ▪ Children’s Activity Center

  ▪ Swim Center

  ▪ Playground

  ▪ Basketball Court

Community Recreation Amenities including …

  ▪ Acres of Green Space

  ▪ Lake and Osage Creek Fishing

  ▪ Playgrounds and Pocket Parks

  ▪ Walking and Jogging Trails

  ▪ Athletic Fields

Ready-Now Homes, Ready-To-Customize Homes and Custom-Built Homes available from the Very Carefully Selected, Premier Builders.  Call Exit Pro Realty today for a tour with one of our knowledgable realtors of this fabulous gated community.  479-636-7777

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I think there was a bit of confusion about the location of this carnival this week.  I’ll be hosting it on my new website TheExitPro.com.  Head on over and check it out…

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I’d like to apologize to my regular readers (Bill, I know you’re out there).  I haven’t been posting new content to the site recently but I have a good reason!  I have cast off my earthly bonds and have created a new national real estate training and coaching business, The Exit Pro.  You can learn all about it by visiting our spanking new website at TheExitPro.com.  This site is mainly for Realtors in an attempt to give agents a source of Daily, motivational and educational training and support.

Next level Training and Coaching for Realtors

Exit Realty has a great system of international training.  The Best in fact.  We want to suplement that  with daily, weekly, and monthly training and events that will create a community among our members unlike anything currently available in any real estate franchise.

Enough talk.  Check us out at TheExitPro.com.  You can also check us out on Facebook and Twitter.

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Exit Pro Realty is pulling out all the stops during it’s monthly feast and gather by serving up Thanksgiving Dinner and Virtual REbarcamp!  So eat, be merry, and learn how to make technology work for your business, all on one day!

Educating Real Estate Agents On How To Use Modern Technologies To Better Their Business Will Never Be The Same!

On November 17th, 2009 dozens of the most respected educators in the real estate industry converge to host the first of its kind, Virtual Real Estate BarCamp.

Virtual Real Estate BarCamp is a 1-Day Learning Extravaganza.

From 11am until 6pm, three concurrent webinar “rooms” will each host 9 different sessions, for a total of 27 different presentations.

There is something for everyone and everything for someone, and best of all, IT IS FREE and attendance is unlimited!

Click below to:

Register.

Learn more.

See who is coming.

Check out the Session Calendar.

Get sponsorship info.

Attendance is projected to be at least 1000 agents, nationwide.

Do not miss out on being part of this ground-breaking event.

Session topics include:

1. Social Media Risk Management
2. Flickr for Real Estate
3. Developing Your Brand
4. Online Advertising Secrets
5. Facebook for Real Estate
6. WordPress Training
7. Daily Goal Tracking
8. Starting a Real Estate Blog

…and much more, with new sessions being added every day.

And if that wasn’t cool enough, individuals from around the country are volunteering to host In-Real-Life MeetUps for after the event.

Learn all day, and then meet to have a beer with local participants. This is going to be a blast!

We hope to see you there!

Don’t forget about the food!!!

More on the Thanksgiving Dinner/Lunch soon… just make sure and set your day aside on the 17th and come hungry!

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Ever wonder why they call us Real Estate Agents?  Lots of people do.  This article is about agency and real estate and how it pertains to you, the buyer or seller of a home.  Many people go through the entire process never really understand how their agent represents them or what duties they have.  This is important stuff so let’s get crackin’…

Agency in Real Estate… Who do Agents Represent?

Arkansas law requires real estate agents to clearly disclose to all parties in a real estate transaction which party(s) he or she is representing.  Real estate agents typically represent Sellers but can also represent Buyers as well as both Buyers and Sellers in the same transaction (disclosed dual agency).

An agency relationship in real estate creates a fiduciary and ethical duty for the agent to act on your behalf and in your best interest.  A fiduciary duty is legal requirement of loyalty and care.

Seller’s Agent

A Sellers’ Agent represents the Seller to protect and promote the interests of the Seller.  Any information given to the Sellers’ Agent by another party must legally be given to the seller to further promote their interests.  This means that if a buyer does not have representation (as in when you call a yard sign and talk to the listing agent) any information you share can and may be used against you in the transaction.  Needs, motivations, financial information, an negotiating strategies are just a few of the issues that can be shared with a seller after a conversation with an unrepresented buyer.

Buyer’s Agent

Smart Buyers hire real estate agents for two reasons.

1. Someone is paying a commission on the buyer’s side either way… you might as well get representation for it.
2. People have neither the time nor understand of how to go through the complex search, negotiation, and closing process of home buying.

A Buyer’s Agent does the same thing as a Seller’s Agent… but for the Buyer.  Try to keep up with me now.  The same thing holds true in this situation.  If a seller is unrepresented in a transaction (as in a property for sale by owner), the Buyer’s Agent has a duty to tell their client any pertinent information the Seller discloses about price, negotiating strategy, terms, concessions, and the Seller’s financial situation.

Are you getting the idea that it is good to be represented on either side of the transaction?

Dual Agency in Arkansas

I say in Arkansas because not a whole lot of states still offer Dual Agency.  It isn’t something to be scared of though.  In fact, it can make a transaction go remarkably smoothly.  You are cutting out part of the process.  Dual Agency actually happens any time the same firm represents the Buyer and Seller in a transaction.  It doesn’t even have to be the same Agent in the firm.  Both Seller and Buyer much give their written consent to be in a Dual Agency situation.

In Dual Agency the Agent becomes a ‘facilitator’ of the transaction.  They still cannot disclose confidential information from one party to another but take steps to make the transaction flow smoothly and mediate any conflicts or concerns during the closing process.  Realize that a Dual Agent generally gets both sides of the commission, resulting in a much higher income for the work done.  This is why Agents in Arkansas like Dual Agency and will work hard to make a transaction where it exists work for all parties involved.

If you are not comfortable with Dual Agency you have a right to separate representation from the other party to the transaction.

Why You Sign on the Dotted Line

Agency is meant to help you and protect your interests as the Seller or Buyer.  I talk with some many Buyers who “don’t want to be tied to one Realtor” and Agents who “can’t give the buyer a good enough reason to commit.”

Here’s what I have to say to that…

Buyers – What are you talking about?  When you sign an Agency Agreement with a Realtor they are now your employee.  They work for YOU. If you just go around asking Realtors to find you a house they:

1. Aren’t going to take you seriously
2. Will do a half-A**ed job

Why?  Because they have no guarantee that they’ll get paid if they do find you a house.

Realtors – If you don’t have a good reason to get a Buyer or Seller into an Agency Relationship with you then you don’t understand Agency in Real Estate.  Explain to the Buyer:

1. I will work harder for you knowing that we have a committed Agency Relationship in place.
2. I am legally bound to look after your interests and needs in regards to purchasing a home.
3. You can dissolve our Agency relationship at any time if you feel I am not the Agent for you.

If one through three aren’t reasons enough I would wonder who the heck you are trying to represent.  Seriously people.  This is why the general public doesn’t take Real Estate seriously as a profession.  You have to be professional.  Part of that is making sure you are in an Agency Agreement with the party you represent.

If you need to know more about Agency, have a story or opinion to share, just leave a comment below or contact me.  Thanks for reading.

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Tuesday September 29th marks the beginning of EXIT Realty’s International Convention.  If you search the Internet for this event you’d probably find EXIT agents tweeting about it, your agent’s voicemail may say they are out of office attending convention… but what the heck does that mean?  Are EXIT agents going to DC to party?  Network?  See that sights?  What?  And why would you care as a home owner, buyer, or seller?  I’ll tell you what they are doing… and why you’ll be glad.

EXIT Realty is growing…

You’ve probably seen that billboard somewhere.  If you live in Northwest Arkansas you’ve seen it on Interstate 540 or 71B.  Chances are you’ve seen it no matter where you live.  It’s EXIT’s simple message that says… “We’re growing.”  While other real estate companies are backpedaling, reeling, and downsizing… EXIT Realty is growing.  I think that says something about a company.

How is EXIT growing?  Why?  What good does it do you?  These are the real questions right?  EXIT is growing in number of agents, market share, innovation, training, and just about every other way that counts.  What it translates into for you is a better option when you are ready to choose a real estate agent.  In general, EXIT agents are well trained, and highly motivated to take care of their clients.  The EXIT system is certainly the best system of real estate devised so far.  It helps train agents, brokerages, and provides the tools to succeed.  I could get strung off on EXIT Realty but I really just wanted to talk about the convention.

EXIT’s 11th Annual Convention

EXIT’s convention is where brokers, agents, assistants, administrators, and vendors go to come together to:

• Share ideas
• Learn about new programs and technologies
• Listen to nationally recognized speakers
• and much, much more…

Attendees also have the chance to win $100,000 or more.  Bonus.

Heading into winter with a sparkling attitude…

Everything that happens at convention is geared towards one main goal… getting the body of EXIT agents revitalized and eager to move forward and implement some of the new strategies and tools they learn about at the convention.  This effect even spills over to the EXIT agents that don’t attend.  You may notice it in the next few weeks as your EXIT agent has a spring in his or her step, a smile on their face, and a determination to sell your home that is unmatched in the local agent community.

You see… this convention thing is good for you.  Here’s just a sample of what your agent may be learning this week…

• Time management
• New Listing Tools
• Working with Distressed Properties
• Technology for Real Estate Agents
• Properly Exposing Properties Online
• Using Social Media in Real Estate
• Results Driven Marketing

Now, if your agent wins $100,000… you better tell them to spend some of that extra cash on marketing your property!  Thanks for reading.

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Life requires discipline.  If you don’t think so, think again.  Every facet of our lives is shaped by the way we discipline ourselves, our families, and our peers.  If you want to be truly efficient and effective in your career, you must embed discipline firmly in your life. Contrary to popular belief, discipline is not a dirty word…

Discipline:  to improve or attempt to improve the behaviour of (oneself or someone else) by training or rules.

The four letter word of success…

How do you view discipline when it is applied to your life? For some it is to be avoided at all cost.  For the champion, the top producer

and the successful, discipline is a powerful tool that can be applied to one’s self as a means to reach a goal.

For the track star -

• discipline can be getting up in the morning, doing their workout and running a set number of miles
• eating a strict diet
• planning their day around training, rest, and recovery

All this could be in preparation of a 10 second race.

For the politician -

• discipline could be a matter of staying relevant
• keeping open communications with their constituents
• following through will legislation
• or campaigning till the wheels fall off

All to bring about change and a better quality life for their citizens.

Discipline creates real estate success…

As a real estate agent, what kind of discipline would you need to follow to be successful?

Here are a few suggestions:

Training -  Attend and be a part of training classes as often as possible. It’s been said, “when you think you know it all, you know nothing.”

Know your market – This takes reviewing the local reports, reading the newspaper and industry blogs, keep up with what is happening on the MLS and, of course, stay current with what is happening in your own office.

Dress for Success – Get up in the mornings prepared to go to work with the look of a winner.  Dress for where you want to be, not where you are.  You may not want to take this advice if you want to be an expat in the islands .

Plan you day – If you do not take the time to plan your day, it will still happen anyway. Plan to get the most out of every day.

Taking care of your personal real estate business does require discipline. You are the President, CEO, marketing coordinator, and administrative assistant of your own corporation.  It takes effort.

But if you enjoy winning and reaching your goals, discipline is just the tool that can take you where you want to go.

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I had a good ten minute conversation with Jeff Lobb, EXIT Realty’s technology trainer about a few social media do’s and don’ts for real estate professionals.  With so many ‘newbies’ in the social media world, there’s bound to be some poor decisions being made.  It seems like people don’t realize that other people can see and search for the things they say, tweet, facebook, and post.  I’m not telling people to censor themselves or be ingenuous.  I’m simply saying, “Don’t put your foot in your mouth cause you’ll regret it.”   Listen-in on what Jeff and I have to say on the matter…

There’s lots more to cover on this topic.  I’m going to start a weekly video on the subject with a focus on how real estate agents should interact with friends and followers online.  Keep an eye out.

If you are looking for some help with your social networking strategy or you simply don’t have a clue what’s going on… you can contact me.  I’ll be glad to fill you in on the big pieces.

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Welcome to the Carnival of Real Estate -  Meat ‘n Taters Edition!  EXIT Pro Realty is proud to host CoRE #156 this week with just over 20 quality submissions.  So, without further adieu… on with the show!

Standard – 3rd Runner Up

While a bit negative, we thought this post was well written and had home owner interests at heart.  Jim Wang over at Bargaineering has written a good post on Your Home is Not An Investment.

Select – 2nd Runner Up

John Coley over at Lake Martin Voice gives us  a cool video and explanation of water depth in Lake Martin 101: How to Measure Winter and Summer Water Depth.  In keeping with our theme, we think John’s done an excellent job by showing his knowledge of the area he specializes in as well as his friendly demeanor.

Choice – 1st Runner Up

This not-so-shabby article from Moolanomy Personal Finance, How to Sell Your Home Fast – 9 Tips to Get the Most From Your Home Sale is a great collection of general tips to help sellers make their home more salable; always a good thing.

Prime – CoRE Winner!

Joe Manausa over at Tallahassee Real Estate Blog rakes in the top award for his excellent article Consider Paying Home Mortgage Discount Points.  It’s concise, informative advice from a real estate professional.  We loved it.

Other Favorites…

The “Old 96er” Award

This one goes to Torrey Brothers over at HotWholeSaleRehabs.com for Top 50 Reasons to Invest in Real Estate Right Now! for shear heft.  It’s a pretty informative article as well.

The “Yukon Gold” Award

This one goes to a good article that didn’t really follow along with the main pack.  That said, Mark Menzella offered a great introduction to 7 Days to Better Your SEO Search Engine Optimization – Day 1, Title Tags.

That’s about it for the CoRE #156.  Stick around and check out our new Brokerage Blogsite, EXITproRealty.com.  We like it, we think you might too.

Congrats to all the winners.  There were quite a few really solid articles this week, these just happened to be the ones that tickled our fancy.  Make sure to submit your post to the Carnival Next week when it is hosted at MiOaklandCounty.com.

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