Featured

Rosemary’s Rubies June 21, 2019

Red Rubies Image

Does everyone know what is happening this weekend? I sure hope so and I hope to see you and your families at our Annual Family Picnic this Sunday.  

Yee Haw Image

Picnic

 

AGENT TIP OF THE WEEK!

Light Bulb Agent Tips

Can the Information About Bokerage Services Form be signed before writing an offer?

No. At the time of first substantive communication with a party relating to a proposed transaction regarding specific real property, a license holder must provide a written notice regarding agency, commonly referred to as “Information About Brokerage Services” or IABS Form. [TRELA §1101.558(b-1)]. TREC publishes the Information About Brokerage Services Form, TREC No. IABS 1-0, that license holders must use to comply with the statute.

 

Is the license holder required to provide the “written statement” (IABS Form) to buyer prospects at an open house?

No. A license holder is not required to provide the statutory written statement at the open house. [TRELA§1101.558(c)(3)]. A substantive dialogue does not include a dialogue at an open house.


Tammy's Tech Tip Image white

Tech Tip of the Week

Something New! Remote Tech Help!!

remote support final

When you schedule your next tech one-on-one appointment at KWMetroNorthTech.com choose the option for a remote meeting. Prior to scheduling a remote appointment consider these items:

  1. Is your question one that lends itself to this remote format?

  2. Do you have the computer capabilities to needed to complete a Zoom video call?

If your question and system capabilities meet the guidelines and it is difficult for you to get in to the office for a face to face appointment, feel free to use this method!


Alison’s Announcements

Summer Sun ImageWOW it’s getting hot!

However, please remember our Dress Code policy for while you are in the Market Center.

This is extremely important if you are on Phone Time because clients will sometimes walk in.

As stated in our Associate Handbook:

Dress Code

Please use your best judgement when working in the office and dress in business casual attire at a minimum. At Keller Williams Dallas Metro North, we want to be seen as the most professional agents in the business, so dress as if you are meeting your next client. We have clients and potential clients in our lobby and conference rooms at any given time.


Appraisal Addendum Explanations

Courtesy of Lawyer’s Title

App Add


What’s Going on in Your Market Center?

Tuesday, June 25th

6.25 (1)


Buyers Agent MM Hot Pink


Career Night SB Pic (1)


Wednesday, June 26th

Their$and yours


Friday, June 28th

Relax and Rejuvinate


Monday, June 24th

3:30–5:00 ~ Tech Essentials ~ Tammy Bunk

Tuesday, June 25th

8:45–10:00 ~ Breakfast & Tour New Listings ~ Bob Erwin

12:00–1:00 ~ Executive Assistant Master Mind

1:00-2:00 ~ Buyers Master Mind-Buyers Presentation/Consultation

2:00–3:00 ~ Advanced Lease Purchase Program ~ Home Partners of America

6:00-7:30 ~ Career Night 

Wednesday, June 26th

9:00 – 5:00 ~ ®Train the Trainer Advanced ~ KW Southlake

11:00–1:00 ~ Referrals & So Much More ~ Brooke Hunt

1:00–2:30 ~ CORE Level I ~ Stacey Reynolds

1:00–3:00 ~ Lead Generation Series-36:12:3 ~ Mike Pray

Thursday, June 27th

8:30 – 4:00 BOLD 2.0

9:00 – 5:00 ~ ®Train the Trainer Advanced ~ KW Southlake

11:30–12:30 ~ CORE Level 2 ~ Stacey Reynolds

11:30-1:00 ~ Command Series ~ Tammy Bunk

1:00-4:00 ~ Tech and New Agent Orientation* ~ Rosemary Croney and Tammy Bunk

*Join Rosemary and Tammy for tech tips and an overview of Policies & Procedures.  Not just for new agents.

Friday, June 28th

12:00–1:00 ~ Plug In & Pig Out Gordon Law Phase Inspections & New Construction ~ Tammy Bunk

2:00-5:30 ~ Client Appreciation with 3G Properties

 

Daily Livestream Events ~ Livestream Links

Monday, June 24 – Friday, June 28

9:30-10:30

11:00-12:00

1:00-2:00

3:00-4:00


Save the Dates!

7.31

 


Anne Investment 2 9.10.19

 


Happy Birthday Image

Cathy Krause

Wesley Marth

Stacey Buettner

Whitney Schwoyer

Tiffany Yost

 


Capper Cap

Melissa Butts

Marie Siebert

Ryan Collinsworth

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Rosemary’s Rubies June 14, 2019

Red Rubies Image

HAPPY TRAILS TO MICHELLE!

“Because the greatest part of a journey isn’t arriving at your destination.”

 

Michelle Photo


Stacey sent an email out to everyone last Friday announcing Michelle’s last day. Today is Michelle’s last day so please wish her well.  

Best wishes Michelle and you will be missed by many!


This Sunday

 

Paint The Town Red FB Post Image June 16


Conservation Tip

Since we have a nice water filtration and ice machine, please help with conservation and bring your own personal water bottles and/or Yeti cups to fill up.  That way we can use the complimentary water bottles for hot & thirsty customers and clients.  Plus we help the environment!

 

No Plastic

 

Welcome Glad You're Here

Debra Garrett
Sponsor:  Heather Shimala

Melanie Graf
Sponsor:  Linda Jeffery

Alfredo Kann
Sponsor:  Bodie Stark

Belinda Kelton
Sponsor:  Venus Mendoza

Araceli Mendonca
Sponsor:  Stacey Buettner

Ed Serrano
Sponsor:  Ryan Collinsworth

Mel Weeber
Sponsor:  Nicole Scherer


AGENT TIP OF THE WEEK!

Light Bulb Agent Tips

AMENDING THE CONTRACT
A Buyer conducts an inspection and sends an Amendment to the Seller requesting numerous repairs.  The Seller responds by agreeing to one of the repairs.  To put this agreement in writing, the Seller sends an Amendment to the Buyer and states that the Contract will terminate within 48 hours if the Buyer does not sign the Amendment.  Can the Seller terminate the Contract if the Buyer does not accept the Amendment?
 

No.  Proposing an Amendment to a Contract does not give either party a unilateral right to terminate an existing Contract.  The Contract is only changed after the parties sign the Amendment signifying their agreement.  Without a fully executed Amendment, the original Contract remains in effect as written.  Of course, if the Buyer is within the option period and is not satisfied with the Seller’s response regarding repairs, the Buyer could exercise their right to terminate the contract.

 


TTT Logo

Tech Tip of the Week

Your KW Home Search App – Marketing for the “new and improved”

As most of you know, your personalized KW Home Search App will be having a huge update in the near future. VERY EXCITING!! We previously created a PowerPoint slideshow for you to customize and show at your open houses to encourage people to download your app now in order to get the updates when they are released. We now have created a flyer that you can personalize and use to promote your personalized Home Search App as well. This is a beautiful flyer created in PowerPoint for you to add your image, App Code, and contact information. Go to KWMetroNorthTech.com > Kelle and Command > KWDMN Resources to download the new customizable flyer. You will find the customizable PowerPoint Video in this location as well.

Slide1

Having more people download your app now will help you build a mote around your business!

We do not have a release date for the fabulous updates, however we do know that Google Employees are testing the new version of the app to be sure it is a fabulous product at the time of release.


Appraisal Addendum Explanations

Courtesy of Lawyer’s Title

App Add


What’s Going on in Your Market Center?

Monday thru Friday

IGNITE FLYER Date

Monday

Tech P & P Google Business page


Tuesday

Partner Meeting – ALL AGENTS WELCOME!

11:15-12:45

Come and see what’s going on in our Market Center as well as in the world of Real Estate!

*Lunch is provided

Partner Meeting Image

Also Tuesday

LAO Class

Also Tuesday

Career Night SB Pic (1)


Wednesday

BOLD head

Also Wednesday

Lead-Generation-36-12-3-Publisher-(for-window)


Sunday, June 16th

2:00 – 4:00 ~ Paint the Town RED

Monday, June 17th

9:00 – 12:00 ~ flameIGNITE: Negotiate the Deal

12:00 – 1:00 ~ Plug In & Pig Out Tech Monday ~ Tammy Bunk

2:30 – 3:30 ~ KWDMN Book Club ~ Mike Tobin

Tuesday, June 18th

8:45 – 10:00 ~ Breakfast & Tour New Listings ~ Bob Erwin

9:00 – 12:00 ~ flameIGNITE: Workshop-Hands On and Practical Exercises

11:15 – 12:45 ~ Partners Agent Meeting

11:15 – 12:45 ~ Agent One Updates ~ Lawyer’s Title

6:00-7:30 ~ Career Night

Wednesday, June 19th

9:00 – 12:00 ~ flameIGNITE: Close the Deal

1:00 – 3:00 ~ Lead Generation Series-36:12:3 ~ Mike Pray

Thursday, June 20th

BOLD 2.0 NORTH Flower Mound

9:00 – 11:00 ~ flameIGNITE: Workshop-Hands On and Practical Exercises

11:30 – 1:00 ~ Command Series ~ Tammy Bunk

1:00 – 4:00 ~ Tech and New Agent Orientation* ~ Rosemary Croney and Tammy Bunk

*Join Rosemary and Tammy for tech tips and an overview of Policies & Procedures.  Not just for new agents.

Friday, June 21st

9:00-12:00 ~ flameIGNITE: Blast Off & Graduation Luncheon

Daily Livestream Events ~ Livestream Links

Monday, June 17 – Friday, June 21

9:30-10:30

11:00-12:00

1:00-2:00

3:00-4:00


Save the Dates!

Reserve your spots here:

https://www.eventbrite.com/e/kwdmn-family-picnic-tickets-62027082674

Picnic


6.25 (1)


AlexaFlashBriefingsforRealEstateAMA-MOVEMENT MORTGAGE - JUNE TRAINING


7.8


7.31


 

Anne Investment 2 9.10.19


Happy Birthday Image

Lois Lyles

Amy Pickard

Ashley Hart

Edith Miranda

Marie Siebert

Traci Frazier

Christi Whited

Jennifer Kelly

Angie Heidingsfield

Diane Ball

Robert Alcorn

Rebecca Ross

Tracy McDermott

 


 

Red Cap Image

CONGRATULATIONS TO OUR NEWEST CAPPERS!

Arcey Farokhirad

Rachel Moussa

 

 


 

Featured

Rosemary’s Rubies June 7, 2019

Red Rubies Image

June is National Safety Month.
 
The warm weather, outdoor activities and family fun are plentiful this time of year. Unfortunately, so are the opportunities for sunburns, heat rashes, bug bites, water dangers and many more summer activity hazards. Here are five summer safety tips that you can share with your sphere and clients from HuffPost.  

Summer Sun Image

1. Avoid sunburns like the plague

According to the Skin Cancer Foundation, getting one blistering sunburn when you are a kid doubles your chances of developing melanoma. It goes without saying the best way to avoid a sunburn is to avoid the sun, but during the warm summer months that is near impossible, so always apply at least an SPF 15 sunscreen to exposed skin 30 minutes before exposure. Also, whenever possible, try to provide shade for your child in the form of umbrellas, loose clothing, long sleeves, light pants and wide-brimmed hats. For children under 6 months old, consult a physician before using any sunscreen.  If sunburn occurs and your child starts to feel ill, consult your pediatrician — seek immediate medical attention if your little one’s temperature reaches 105 F.

Swim Safe Images

 2. Swim Smart  

According to the Centers for Disease Control and Prevention (CDC), more than 800 children drown every year. That number is scary and beyond heartbreaking. For that reason, when around any body of water with young children and poor swimmers, stay within arm’s reach.

Here are a few top tips from the Red Cross on pool/water safety:

Always swim with a buddy; do not allow anyone to swim alone.

Do not trust a child’s life to another child.

Have young children or inexperienced swimmers wear U.S. Coast Guard-approved life jackets around water, but do not rely on life jackets alone.

Establish rules for your family and enforce them without fail.

Safety covers and pool alarms should be added as additional layers of protection.

Teach children to always ask permission to go near water.

If you are around water and your child is missing ALWAYS check the water first.
Seconds count!

Secondary drowning occurs after a child has struggled in the water. It is rare and accounts for only 1-2% of drowning cases, but still be aware that if your child has struggled in the water and swallowed water as a result, secondary drowning is possible. Look for these warning signs:

Trouble Breathing, chest pain, or cough

Sudden change in behavior

Extreme Fatigue

The bottom line is that you know your child, after a near drowning incident or long day of swimming, be aware of any sudden changes from the norm.
Mosquito Image

3. Stay Away From Stings and Bites

With warm weather comes evil, pesky bugs. Unfortunately, bright colors and floral prints (summer colors!) attract bees and wasps, as do those sweet sticky faces and hands. If you are going to a park or area that you know will have a high concentration of bugs, bees and wasps, stick to clothing with muted light, solid colors.

If your child is stung, don’t pull out the stinger with fingers or tweezers. Scrape gently with a credit card to push the stinger out in the direction in which it entered. Once the stinger is out, make a paste out of baking soda and water, or a 0.5 percent hydrocortisone cream can provide relief.

As for insect repellents… DEET can be toxic! Repellents with 10 to 30 percent concentrations of DEET can be used on exposed skin, clothing and shoes, but do not apply it to little faces or hands. If you want to avoid DEET, the CDC recommends repellents that are made up with picaridin or oil of lemon eucalyptus, both are non-toxic and work just as well as formulas with low levels of DEET.  The American Academy of Pediatrics (AAP) and the CDC recommend that for children older than 2 months of age, use 10% to 30% DEET. DEET should never be used on children younger than 2 months of age.

Combination sunscreen/insect repellent products should be avoided because sunscreen needs to be reapplied every two hours, but the insect repellent should not be reapplied.

Hydration Image

4. Overheating/dehydration/and heat rashes 

The key to avoiding overheating is to stay hydrated. Never wait for your child to tell you he is thirsty. According to the AAP, your child is already dehydrated when he asks for something to drink, so offer lots of fluids both before going outside, and once your child is outside playing.

Hot, humid weather can lead to blocked sweat glands that lead to nasty rashes in the folds of your child’s skin. If this occurs, place your child in a cool, soapless bath. Dry him completely then apply cornstarch powder to the rash, and avoid unnecessary clothing. The rash should clear up in two to three days.

Heat Image

5. DO NOT LEAVE YOUR CHILD UNATTENDED IN THE CAR FOR A MINUTE! 

Next time you are alone in your car, turn it off and count to 60. Within one minute your car can increase by ten degrees. Under no circumstance should your child be left in a car.

Even the very best parents and caregivers have been known to forget about a sleeping child in the backseat. A good rule of thumb is to keep a small stuffed animal in the car and every time you get in, place the small stuffed animal in your lap to remind you that your child is in the car. Or place your purse/laptop bag in the backseat with your child, so you have to get in the backseat before leaving your car. This is especially useful in the mornings. This may save your child’s life.


Welcome Glad You're Here

Jasmine Kaur
Sponsor:  Venus Mendoza

Jayson Owen
Sponsor: Jessica Gregory


Light Bulb Agent Tips

Agent Tip of the Week!

Do I have to report my client’s sales price to the MLS?
Yes. There is a common misconception that Texas’s status as a “non-disclosure” state means that a listing broker does not have to disclose sales data to the respective MLS.  A “non-disclosure” states means that the state government, including local appraisal districts, cannot force anyone to provide the sales price to it.
The requirement to disclose the sales price stems from MLS rules. MLS rules state that sales of listed property, including sales prices, shall be reported promptly to the MLS by listing brokers. Accordingly, the Residential Real Estate Listing Agreement Exclusive Right to Sell (TAR-1101) includes a notice in Paragraph 6(A) that goes over this requirement so that the client is aware of their broker’s obligations.

What’s Going on in Your Market Center?

IGNITE FLYER Date (1)


Monday

C O R E  MENTORSHIP ORIENTATION

(Creating Outstanding RealtorsTrademark Circle R Symbol For Excellence)

6/10/19 at 1:00 PM

Creating Outstanding Realtors for Excellence –  is a fast track program to provide agents with the foundation needed to launch their business, and get off to a fast, exciting start in real estate!

This 90 minute orientation class covers how, what, when and where details necessary to get your Real Estate business started with Dallas Metro North.  You will be introduced to “Path to Success”. Path to Success is your first 100 days business guide.

Cinda Knight, Productivity Coach, facilitates this class and program.  If you have questions about the CORE program, Cinda’s email is cinda@kw.com.

If you want to build your profit share tree, this is also an excellent recruiting tool for you so come & check it out!


Tuesday

ALC MEETING

alc-clinic-market-center-leadership-wbrenda-benson-04 (1)

12:00-1:30

Come and See What Topics our Leaders Discuss for our Market Center!

Also Tuesday

6.11


Career Night SB Pic (1)


Wednesday

BOLD 2.0

CLICK HERE TO REGISTER FOR FREE FIRST STEP TO BOLD

CLICK HERE TO REGISTER FOR BOLD STEPS 2-7

Seats are limited so sign up now!


Also Wednesday
in Grapevine Texas

june12



Also Wednesday

Lead-Generation-36-12-3-Publisher-(for-window)


Thursday

Profit Share 6.13


Also Thursday

computer skills 101


Friday

6.14



Training And Events This Week!

Monday, June 10

9:00–12:00 ~ flameIGNITE: Win the Buyer

1:00–2:15 ~ CORE Orientation ~ Stacey Reynolds

3:00 – 4:30 ~ Tech Essentials ~ Tammy Bunk

Tuesday, June 11

8:45–10:00 ~ Breakfast & Tour New Listings ~ Bob Erwin

9:00 – 10:00 ~ flameIGNITE: Premier Nationwide Listing

10:00 – 12:00 ~ flameIGNITE: Workshop-Hands On and Practical Exercises

12:00-1:30 ~ ALC Meeting

1:00 – 2:30 ~ CORE Level 1 ~ Stacey Reynolds

2:00 – 2:30 ~ Step 2 Success with Premier Nationwide Listing

6:00-7:30 ~ Career Night

7:30 – 8:30 ~ Core Webinar ~ Stacey Reynolds
 

Wednesday, June 12th

8:30 – 3:00 BOLD 2.0

9:00 – 12:00 ~ flameIGNITE: Find & Show Homes

9:00-5:00 ~ ®Leverage Series – Success Through Others (Location: Grapevine)

1:00-3:00 ~ Lead Generation Series-36:12:3 ~ Mike Pray

Thursday, June 13th

9:00-12:00 ~ flameIGNITE: Workshop-Hands On and Practical Exercises

11:30-12:30 ~ Free Money, Who Wants to Learn How ~ Berek McEwen

11:30-12:30 ~ Core Level 2 ~ Stacey Reynolds

11:30-1:00 ~ Command Series ~ Tammy Bunk

1:00-2:30 ~ Basic Computer Skills 101 ~ Lawyers Title

1:00-4:00 ~ Tech and New Agent Orientation* ~ Rosemary Croney and Tammy Bunk

*Join Rosemary and Tammy for tech tips and an overview of Policies & Procedures.  Not just for new agents.

Friday, June 14th

9:00-12:00 ~ flameIGNITE: Make and Receive Offers

12:00-1:00 ~ Google Training


Daily Livestream Events ~ Livestream Links

Monday, June 10 – Friday, June 14

9:30-10:30

11:00-12:00

1:00-2:00

3:00-4:00


Save the Dates!

Six-Personal-Perspectives-Publisher-windows


Tech P & P Google Business page


LAO Class


Picnic


6.25 (1)


AlexaFlashBriefingsforRealEstateAMA-MOVEMENT MORTGAGE - JUNE TRAINING


7.8


7.31


Happy Birthday Image

Angela Wilbur

Ben Howard

Ed Serrano

Charyl Szydloski

Janice Goetz

Niranjala Mayadunne

Markette Plummer

Edith Durm

Linda Jeffery

Lorre Faszholz


Red Cap Image

Congratulations To Our Newest Cappers!

Cerelle Kuecker

Michelle Dodson

Mave Hiegel

Janice James

Jill Hughes

Carrie Alexander

Arwi Luong

Catlin Golding


 

Featured

Rosemary’s Rubies May 31, 2019

Red Rubies Image

I have seen many graduation announcements and photos on social media from our agents and their children. It makes my Heart happy to celebrate with each of you and enjoy your children’s accomplishments and celebrations.  
Graduation Time
 

Congratulations Class of 

2019 Image

Graduates! 

Education Quote

 

You spoke and we listened.
Bold has been rewritten and it is all about YOU.

New and Revamped Program with Bold Coach Dusty Oglesby

Watch now:   BOLD Video

BOLD 2.0

 

CLICK HERE TO REGISTER FOR FREE FIRST STEP TO BOLD – FRISCO

CLICK HERE TO REGISTER FOR BOLD STEPS 2-7 – FRISCO

Seats are limited so sign up now!


 

Light Bulb Agent Tips

Agent Tip of the Week!

What Does It Mean When a VA Appraiser Invokes the Tidewater Initiative?

(This actually came up recently involving one of our agents.)

When the buyer of a property uses a VA home loan, the appraisal process is a little different than other mortgage types.  The biggest difference is that lenders do not order the appraisal directly with appraisers.  The Lender will request the appraisal through the Veteran Administration’s online portal.  Then, VA assigns the appraisal request using a rotation system of VA approved appraisers.  VA looks to have approved appraisers in each county or area. 

Tidewater does not involve flood plains and is the VA code word for giving the lender, the one that is working with the buyer that is purchasing a property using a VA loan, notice of having two days to run comps and get them to the VA appraiser for their review. The comparable (sold) listings that are pulled must be within a 1-mile radius, be apples to apples in comparison and also only be less than 6 months of history.

Appraisal Rebuttals

One of the other differences involves the process when the appraisal is going to be potentially short of the purchase price.  Typically if the appraised value is going to be short of the purchase price on anything other than VA, the appraiser just sends the completed appraisal back to the lender.  Then if there is a disagreement in value, it is possible for someone to provide additional sales or information to rebut the appraisal.  Appraisers are humans and occasionally there is information they may not find.  So it is possible that additional information provided through the rebuttal process could increase the value.  Each lender’s appraisal rebuttal process could vary slightly, but some lenders will not allow rebuttals.

Notification Appraisal is Short

The VA appraisal process provides an extra step which is helpful in cases where the value is coming up short of the price.  That is where the Tidewater Initiative comes into play.  If the VA appraiser feels the value may be short of the purchase price, the lender contact is notified.  The appraiser states that he/she is “invoking the Tidewater Initiative”.  This Tidewater process is a very formal and specific one.

Typical Tidewater Process

If the VA appraiser feels the value may be short of the purchase price, then the Tidewater Initiative is invoked.  This process typically looks like the following:

  • Appraiser provides Tidewater Notice to lender’s designated point of contact (POC)
  • Details of the request are provided to POC
  • Point of Contact notifies Realtors of the Tidewater Initiative notification
  • POC has 2 working days to return any additional information to the appraiser
  • Appraiser is not at liberty to discuss contents of the appraisal
  • Additional information is reviewed by appraiser
  • Completed appraisal is uploaded to the VA portal
  • Lender POC is notified of the completed order
  • Lender’s VA underwriter performs a review of the appraisal and completes the Notice of Valuation (NOV)
  • Appraisal is provided to the Veteran

If additional comparables are provided, then there are specific requirements of the process.  Typically the real estate agent is the one providing the comparables.

Requirements of Additional Comparable Sales Provided

  • Provide within 2 working days
  • Must be in format similar to comparable sales grid on the appraisal report
  • Verification the sale actually closed
  • Pending sale contracts used to support a time adjustment must include all contract addendums
  • Brief narrative describing similarities or differences in pending sale and subject property

Hopefully this has provided helpful information to better understand the Tidewater process.  Just a reminder, in some areas a VA appraisal can take a bit of time.  Lately, most VA appraisals are taking quite a while to get back because of the high number of orders.  Although the delays are also caused by a lack of approved appraisers in many areas.  So, good advice is to allow extra time and to order the appraisal early on VA purchases.

Source:  Excerpts from various articles


Tammytech0531


What’s Going on in Your Market Center?

IGNITE FLYER Date (1)


Monday!

Mimosa Monday is also a CE Class!

Print


Also Monday!

C O R E  MENTORSHIP ORIENTATION

(Creating Outstanding RealtorsTrademark Circle R Symbol For Excellence)

6/3/2019 at 1:00 PM

Creating Outstanding Realtors for Excellence –  is a fast track program to provide agents with the foundation needed to launch their business, and get off to a fast, exciting start in real estate!

This 90 minute orientation class covers how, what, when and where details necessary to get your Real Estate business started with Dallas Metro North.  You will be introduced to “Path to Success”. Path to Success is your first 100 days business guide.

Stacey Reynolds, Productivity Coach, facilitates this class and program.  If you have questions about the CORE program, Stacey’s email is staceyreynolds@kw.com.

If you want to build your profit share tree, this is also an excellent recruiting tool for you so come & check it out!


Tuesday!

ALC


Career Night SB Pic (1)


Wednesday!

solos 2019


Also Wednesday!

Lead-Generation-36-12-3-Publisher-(for-window)


Thursday and Friday!

June6


Also Friday!

Wire Fraud


Also Friday!

Meet in the Bistro 4 to 5:30

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Training And Events This Week!

Daily Livestream Events ~ Livestream Links

Monday, June 3 – Friday, June 7

9:30-10:30

11:00-12:00

1:00-2:00

3:00-4:00


Save the Dates!

june12


Profit Share 6.13


Picnic


6.25 (1)


AlexaFlashBriefingsforRealEstateAMA-MOVEMENT MORTGAGE - JUNE TRAINING


Happy Birthday Image

Michael Boudreaux

Kathy Kiefer

Stacy Malone

 


Red Cap Image

Congratulations To Our Newest Cappers!

Craig & Katherine Allen

Lisa Vesterman

Michelle Dodson


 

Featured

Rosemary’s Rubies May 24, 2019

Red Rubies Image

Our office is closed this Monday, May 27th, in observance of Memorial Day.  Memorial Day is an American holiday, observed on the last Monday of May, honoring the men and women who died while serving in the U.S. military.   
 
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May your Memorial Day be filled with memories and peace.


CONGRATULATIONS VAL CONNOLLY!

 
Valerie Connolly.jpg

Val is officially an American Citizen!

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Originally from Scotland and has lived in the

United States for 39 years 7 months.
We celebrate with you!

You spoke and we listened.
Bold has been rewritten and it is all about YOU.

New and Revamped Program with Bold Coach Dusty Oglesby

Watch now:   BOLD Video

BOLD DATES

BOLD Registration

Seats are limited so sign up now!


Welcome Glad You're Here

Srilekha Mundla -Welcome Back!

Sponsored by Claire Garlick

Zach Brown

Sponsored by Venus Mendoza

Candace Simon Burch

Sponsored by Anne Lakusta

Carlos Merla

Sponsored by Venus Mendoza


Light Bulb Agent Tips

Agent Tip of the Week!

Price vs. Value
 
To start, a sale “price” is the amount of money that the buyer agrees to pay for, and for which the seller agrees to transfer, the property.  Think of it as the “exchange” price.  Based on a widely variable set of determinate and indeterminate factors, this amount may be very close to, or very far from, the “market value” of a property.  “Price” is just one element to be taken into consideration when determining “market value”.  Often it can be the most predictive element, but that does not make it equivalent.
 
What about the potential for a change in property use?  Or the zoning classification?  What about an easement or some other key entitlement or restriction?  Would any of these variables affect market value?  Of course they would!  Without a detailed analysis performed under recognized methods and techniques, and using current data to consider all three major approaches to value – income potential, comparable sales and replacement costs – and then reconciling those relevant results, a fair “market value” cannot be reliably determined.  And these skills are precisely what an appraiser is trained and licensed to do.  
 
This is why the lending community relies almost exclusively on an appraisal report to estimate the “market value” of the collateral property when making a mortgage loan.  A Broker Price Opinion (BPO) just won’t cut it.  There are many circumstances for which a Comparative Market Analysis (CMA) or a BPO provide the kind of information needed to assist an owner or the owner’s agent in evaluating the options for dealing with a specific property versus the structured, detailed analysis provided by an appraisal report.   But that does not make them equivalent.  A BPO or CMA is not a comprehensively sufficient analysis to establish “market value,” though it may be done competently enough to support a likely sales price “prediction” or a listing marketing “strategy”.
 
So unless you hold a current appraiser license, the safest approach is to avoid using the term “value”.  Instead, you should use price “estimate” or “prediction”. 
 

Source:  TREC Advisor

 


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Tech Tip of the Week 

Calendar and Training Tips

  • Reminder that our official KW DMN training calendar is on the Market Center Intranet.
  • Titles in orange are office events/meetings
  • Titles in green are office training classes
  • Titles with a caret ^ preceding them are live stream classes you can watch from any location with the appropriate link. To find the link, go to kwconnect.com > Technology > Videos > Connect Live Schedule > Select desired class
  • Select on the name of the class to get the details such as:
    • Date & Time
    • Location
    • Class Description
    • Prerequisites – please review these in advance. You may need to take a class prior to the one you are considering or you may need to have specific items completed before the class. These prerequisites are for a reason. They are not to prevent someone from coming to class, but they are meant to assist in our classes providing exceptional content and being able to stay on the intended topic. If you have questions about the prerequisites prior to attending class, feel free to contact the class instructor or the class organizer who are listed in the class.
  • Register for the event/class
    • In the details section of the training/event select the blue “register for event now” on the top right of the page to register
    • Remember to register for all classes you are attending, this is important!
  • You can add this calendar to your personal calendar by selecting the “Subscribe” option at the top of the calendar. The Office Calendar are all office events, the “My Events Calendar” are the events you have RSVP’d to attend. Choose the appropriate calendar, then select the type of calendar you want to add it to, for example, Google/Android, Apple/iCloud, Outlook, or Other. Then follow the step by step instructions. These calendars will not interfere with your personal calendar, as they can be selected “off” and “on”.

What’s Going on in Your Market Center?

Monday!

IGNITE FLYER Date (1)


Tuesday!

Career Night SB Pic (1)


Wednesday!

Lead-Generation-36-12-3-Publisher-(for-window)

Also Wednesday!

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More Training And Events This Week!

Monday, May 27th

Market Center closed for Memorial Day

Tuesday, May 28th

8:45-10:00 ~ Breakfast & Tour New Listings ~ Bob Erwin

9:00-12:00 ~ flameIGNITE: Your Business ~ Stacey Reynolds

12:00-1:00 ~ Executive Assistant Master Mind

1:00-2:00 ~ Buyer’s Agent Master Mind

7:30-8:30 ~ Core Webinar ~ Stacey Reynolds

Wednesday, May 29th

9:00-12:00 ~ flameIGNITE: Build Your Business ~ Stacey Reynolds

1:00-2:30 ~ Core Level 1~ Stacey Reynolds

Thursday, May 23rd

8:30-9:00 ~ Script Practice ~ Stacey Reynolds

9:00-12:00 ~ flameIGNITE: Hands On and Practical Exercises ~ Stacey Reynolds

11:30-12:30 ~ Core Level 2 ~ Stacey Reynolds

Friday, May 24th

9:00-11:00 ~ flameIGNITE: Find Your Business ~ Stacey Reynolds

12:00-1:00 ~ Preparing Your Listing For Sale and Inspections ~ Gordon Law/Texas Best Inspections

Daily Livestream Events ~ Livestream Links

Tuesday, May 28 – Friday, May 31

9:30-10:30

11:00-12:00

1:00-2:00

3:00-4:00


Save the Dates!

Print


Wire Fraud


June6


BOLD DATES


june12


Profit Share 6.13


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6.25 (1)


Happy Birthday Image

Curtis Friedberg

Sarah Nobles Key

Chieu-Vy Vu

Steven Walker

Inga Gonzalez

Rhonda Balcar

Brijesh Shah

Susan John

 


Red Cap Image

Congratulations To Our Newest Cappers!

Holly Hiller

Kelly & David Hernandez

Featured

Rosemary’s Rubies May 17th, 2019

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They're finally here...IGNITE and BOLD 2.0
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 If you are new to real estate or want to IGNITE your business,
these are the training classes you don’t want to miss.
 
Begins this Monday, May 20th, and runs through Friday, June 21st
 
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FOR REGISTRATION, CONTACT:
 
STACEY REYNOLDS
817-501-5882

You spoke and we listened.
Bold has been rewritten and it is all about YOU.

New and Revamped Program with Bold Coach Dusty Oglesby

Watch now:   BOLD Video

BOLD DATES

BOLD Registration

Seats are limited so sign up now!

 


 

 
 
THIS SUNDAY!
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Welcome Glad You're Here

Delphy Bailey

Sponsored by Kimberly Windle

Cory Cross

Sponsored by Stacey Buettner

Greg Grant

Sponsored by Jason Hughes


Light Bulb Agent Tips

Agent Tip of the Week!

 Competence and Licensing
 
You may be a great contract negotiator, but you know you cannot write substantive provisions into a client’s contract unless you have a law license.  You may be a very skilled closing or escrow counselor, but you cannot perform certain escrow or closing tasks without an escrow agent or law license.  You may be highly accomplished at estimating mortgage qualifications for customers or clients, but you cannot underwrite and originate a loan without a mortgage loan originator license.  Similarly, you may have tremendous skills in estimating the likely sale price of a home, and even more so in the marketing strategy of recommending a listing price based on that analysis, but that is clearly not the same as the detailed process used to establish a “market value” for purposes of collateralizing a mortgage loan.  Establishing a “market value” requires adherence to the Uniform Standards of Professional Appraisal Practice (USPAP).  And in Texas-like in most states-performing that task requires an appraiser license.
 
As a license holder, you are allowed to create a CMA or BPO relating to the estimated price of real property as part of the ordinary course of business if the analysis, opinion or conclusion is related to the actual or potential management, acquisition, disposition or encumbrance of an interest in real property.  Most importantly, the CMA or BPO cannot be referred to as an appraisal, and you are required to use a disclaimer that specifically informs the user or reader that this is not an appraisal and was not developed following the guidelines in the Uniform Standards of Professional Appraisal Practice (USPAP).  See Tex. Occ. Code Sec. 1101.102(1)(A)(xi) and Title 22 TAC Sec. 535.17.
 
Source:  TREC Advisor 

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What’s Going on in Your Market Center?

Tuesday!

Partner Meeting – ALL AGENTS WELCOME!

11:15-12:45

Come and see what’s going on in our Market Center as well as in the world of Real Estate!

*Lunch is provided

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Also Tuesday!

Career Night SB Pic (1)

Wednesday!

Lead-Generation-36-12-3-Publisher-(for-window)

Also Wednesday!

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Thursday!

Requirement for Phone Opportunity Time
if you have not attended before.

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More Training And Events This Week!

Monday, May 20th

9:00-12:00 ~ flameIGNITE: Basic eEdge Database & Marketing Class ~ Stacey Reynolds

9:30-10:30 ~ 9 Steps to Transition Your Business to Command ~ Livestream Links

11:00-12:00 ~ 7 Steps to Launch Your Neighborhood Lead Gen in Command ~ Livestream Links

12:00-1:00 ~ P&P (Plug-In & Pig-Out) Tech Monday- Canva ~ Tammy Bunk

1:00-2:00 ~ Sales Pipeline: Stay on Top of Opportunities from Lead to Close ~ Livestream Links

2:00-3:30 ~ Compliance- What You Need to Know ~ Rosemary Croney & Tammy Bunk

2:30-3:30 ~ Book Club ~ Mike Tobin

3:00-4:00 ~ Secrets of the Pros ~ Livestream Links

Tuesday, May 21th

8:45-10:00 ~ Breakfast & Tour New Listings ~ Bob Erwin

9:00-12:00 ~ flameIGNITE: Placester Basic Class and more! ~ Stacey Reynolds

9:30-10:30 ~ Command: Step-by-Step Instructions to Get Started ~ Livestream Links

11:00-12:00 ~ Referrals: Build Your Agent-to-Agent Referral Net ~ Livestream Links

1:00-2:00 ~ Sales Pipeline: Reinforce Your Value with Offers ~ Livestream Links

3:00-4:00 ~ Labs: Tech Talk ~ Livestream Links

Wednesday, May 22nd

9:00-12:00 ~ flameIGNITE: Dotloop ~ Stacey Reynolds

9:30-10:30~ Contacts: Overview, Setup, and Import with the Co ~ Livestream Links

11:00-12:00 ~ Lead Accelerator: Optimize Cross-Channel Marketing ~ Livestream Links

1:00-2:00 ~ Sales Pipeline: Reinforce Your Value with Offers ~ Livestream Links

1:00-4:00 ~ Tech and New Agent Orientation ~ Rosemary Croney and Tammy Bunk

*Join Rosemary and Tammy for tech tips and an overview of Policies & Procedures.  Not just for new agents.

3:00-4:00 ~ 7 Steps to Earn 10 Listings a Month ~ Livestream Links

Thursday, May 23rd

8:30-9:00 ~ Script Practice ~ Stacey Reynolds

9:00-12:00 ~ flameIGNITE: Workshop – Dotloop ~ Stacey Reynolds

9:30-10:30 ~Contacts: Overview, Setup, and Import with the Command Contacts Import Template~ Livestream Links

11:00-12:00 ~Take Control of Your Database, Your Business, Your Future ~ Livestream Links

11:00-12:00 ~ Spring Training — Swinging for the Fences

1:00-2:00 ~ Sales Pipeline: Reinforce Your Value with Offers ~ Livestream Links

3:00-4:00 ~Ask Me Anything~ Livestream Links

Friday, May 24th

9:00-11:00 ~ flameIGNITE: Workshop – eEdge Database ~ Stacey Reynolds

9:30-10:30 ~Contacts: Customize and Manage Your Most Important Asset~ Livestream Links

11:00-12:00~Design and Implement Systems to Promote Your Value Proposition~ Livestream Links

1:00-2:00 ~Connect Groups: Build Your Real Estate Communities ~ Livestream Links

3:00-4:00 ~ Latest in Labs ~ Livestream Links


Save the Dates!

Whatever it takes


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Mimosa Monday.jpg


 

June6


 

june12


Profit Share 6.13.jpg


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Happy Birthday Image

Josh Dure

Billy Reynolds

Stacey Reynolds

Austin Bradley Hart


Red Cap Image

Congratulations To Our Newest Cappers!

Natalie Caballero

KE Boyd

Featured

Rosemary’s Rubies May 10th, 2019

Red Rubies Image

Red Day 2019 is now in the books! A shout out to Lori Lesnansky and Kris Wise for their leadership along with our talented ALC and Culture Committee.  Our Culture Committee served tirelessly and resulted in a well organized event.  Thank you to everyone that took time out of their busy schedules to volunteer and work within our communities and market center.  Thank you for your financial & food donations and to those volunteers who served at Our Daily Bread feeding the homeless in Denton.  Hearts for Homes and Keller Williams DMN made a difference in the lives of local elderly people by donating and delivering groceries.  Your blood donations also saved lives.  “Give Where You Live” has real meaning and heart!!!!!  

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Thank you to John Volleman and Darren & Hadie Lovell with Movement Mortgage for providing our Red Day Volunteers with breakfast and nourishment to start our busy day.

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Thank you to Jeremy Steffens, Amanda McCandless, Sam Fannin and Lauren Anders for providing a “cookout” lunch to keep us well fed and our energy up to finish Red Day.

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Thank you to Matt Farris and Liesel Herrera for their help throughout the day!
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RED DAY PHOTOS!
 
We would enjoy sharing our Red Day photos so if you took some, please upload them in our shared drive:
 
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Light Bulb Agent Tips

Agent Tip of the Week!   

It’s that time of year when home owners are protesting their property tax values so when talking about “value”, choose your words carefully!
 
“What do you think this property is worth?”  All of us who are in the real estate profession have been asked this question hundreds of times.  You try to answer it for a customer or client each time you do a Comparative Market Analysis (CMA) or a Broker Price Opinion (BPO).  Real estate brokers and sales agents do not offer “opinions of value” – that area of expertise requires an appraiser license in Texas.
 
As a license holder, you are allowed to perform a BPO in the name of the broker as a distinct service and for a separate fee.  This is a very particular skill you can learn to do competently.  But when you do so, be careful to ensure you stay clearly within your area of expertise – and do not exaggerate the skill you’ve developed.  Real estate brokers and sales agents do not offer “opinions of value” so there is no such thing as a “broker opinion of value” (BOV) in Texas.
 
Most importantly, the CMA or BPO cannot be referred to as an appraisal, and you are required to use a disclaimer that specifically informs the user or reader that this is not an appraisal and was not developed following the guidelines in the Uniform Standards of Professional Appraisal Practice (USPAP).  See Tex. Occ. Code Sec. 1101.102(1)(A)(xi) and Title 22 TAC Sec. 535.17.
 
The Take-Away
 
Unless you hold a current appraiser license, the next time someone asks you “what do you think that property is worth?”choose your words carefully when you answer.  The most professional approach is to simply avoid using the term “value” without an appropriate prior qualifier that makes a clear distinction that you are not offering “an opinion of value”, which is the legal definition of an “appraisal” in Texas and requires an appraiser license to do competently and legally.
 
Source:  TREC Advisor

 

 

What’s Going on in Your Market Center?

Monday!

C O R E  MENTORSHIP ORIENTATION

(Creating Outstanding RealtorsTrademark Circle R Symbol For Excellence)

5/13/2019 at 1:00 PM

Creating Outstanding Realtors for Excellence –  is a fast track program to provide agents with the foundation needed to launch their business, and get off to a fast, exciting start in real estate!

This 90 minute orientation class covers how, what, when and where details necessary to get your Real Estate business started with Dallas Metro North.  You will be introduced to “Path to Success”. Path to Success is your first 100 days business guide.

Stacey Reynolds, Productivity Coach, facilitates this class and program.  If you have questions about the CORE program, Stacey’s email is staceyreynolds@kw.com.

If you want to build your profit share tree, this is also an excellent recruiting tool for you so come & check it out!


Tuesday!

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Also Tuesday!

5.14 MLS

Also Tuesday!

5.14

Also Tuesday!

Career Night SB Pic (1)


Wednesday!

Lead-Generation-36-12-3-Publisher-(for-window)


 Thursday!

Instagram


More Training And Events This Week!

Monday, May 13th

1:00-2:00 ~ HomeKeepr App – KW DMN Tech Toolbox ~ Tammy Bunk

3:00-4:00 ~ Tech Essentials ~ Tammy Bunk

Tuesday, May 14th

8:45 ~ Breakfast & Tour New Listings ~ Bob Erwin

12:00-1:30 ~ ALC Meeting ~ Stacey Buettner

7:30-8:30 ~ CORE Webinar ~ Stacey Reynolds

Wednesday, May 15th

11:00-12:00 ~ Leasing- Protecting your Landlord & your Tenant ~ Marye Davenport

1:00-2:30 ~ CORE Level 1 ~ Stacey Reynolds

Thursday, May 16th

8:30-9:00 ~ Script Practice ~ Stacey Reynolds

11:30-12:30 ~ CORE Level 2 ~ Stacey Reynolds

1:00-4:00 ~ Tech and New Agent Orientation*Rosemary Croney and Tammy Bunk

*Join Rosemary and Tammy for tech tips and an overview of Policies & Procedures.  Not just for new agents.

Friday, May 17th

12:00-1:00 ~ Google Training ~ Bryan Shanafelt


Save the Dates!

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Whatever it takes


Jordan Davis

Happy Birthday Image

Zachary Brown

Mary Milne

Shelby Love

Alan Magill

Gisela Ruelas

Kavita Gupta

Michael Pray

Fatima Nelson

Kelly Huff

Mitch Blankenship

Stacey Sauer

Amanda Grace Davis

Cherry Rizk

Murray Olmstead


 

Red Cap Image

Congratulations To Our Newest Cappers!

Roger Xu

Mindy Short