LAST UPDATED ON: 4/26/2024
KNOW
MARKETING ROADSHOWS ARE COMING UP
- Stephanie from the Marketing Team is hitting the road to 5 locations in April and May!
- Topic: Lifecycle of a Listing
- Remaining Locations & Dates
- Friday, May 3, Port Richey
- Monday, May 6, Pinellas Realtors Organization
- Monday, May 13, Greater Tampa Realtors
Register for the date and location that works best for your schedule on the company calendar!
KNOW
1031 EXCHANGE CE COURSE
- Approved with the FL Real Estate Commission for 2 C.E. hours.
- The class will provide attendees with detailed knowledge of 1031 Tax Deferred Exchanges and how to use them as a tool to increase business!
- Instructor: Jeff Stechmann with Asset Exchange Company
- Location: Brandon Office
- Date & Time: Friday, May 17, 11:00 am – 1:00 pm
NEWS
FROM PLS: RATES TICKING UP!
- Inflation data and other indicators show the American economy remains strong. While this is great news for many reasons, it is rate unfriendly.
- Conventional 30 Year Fixed rates ticked up to 7.25%
- Recent Fannie Mae report projects even higher rates through the end of 2024. https://www.fanniemae.com/newsroom/fannie-mae-news/hot-economy-inflation-likely-keep-rates-higher-longer
- Some economists predict rates could rise as high as 8% this year.
- Please reach out to your PLS Mortgage Partner for tools and strategies to help buyers on the fence combat the rate issue!
NEWS
Leverage Temporary Rate Buydowns to help Buyers and move Listings!
- Seller funded temporary rate buydowns cost sellers less than price reductions and greater benefit buyer monthly payment!
- Buydowns can extend reduced payments for 1-year, 2-years or 3-years. The 2-year buydown is most common choice for seller-funded.
- Example: $350,000 Purchase Price, $315,000 loan amount, Fixed Note rate 7.25%, Minimum Seller Credit for 2-1 Buydown = $7426, Year 1 Buyer pays 5.25% = $409.41 LESS PER MONTH; Year 2 Buyer pays 6.25% = $209.35 LESS PER MONTH!
- Seller funded temporary buydowns are the “Gift that keeps Giving”! Seller Credit to fund temporary buydowns is held in Buyer’s escrow to subsidize monthly payments. If Buyer refinances within the 2-year buydown period, remaining buydown funds in escrow are applied to loan balance to help offset the cost of refinance!
- Ask your PLS Mortgage Partner to run calculations for your listings or before you write your next offer so you know how much seller credit is needed for this great tool!
KNOW
ENTREPRENEUR ACADEMY FOR Q2: TAX STRATEGIES
- David Byck is coming back for a mastermind all about Tax Strategies!
- Location: Countryside Office
- Date & Times: Friday, May 10
- More details and an invite to your inbox coming soon!
KNOW
FOR SALE BY OWNER WORKSHOP
- Your office is hosting a weekly workshop meeting and the theme is FOR SALE BY OWNERS!
- Reach out to your MP for more details like what day your workshop is each week!
SAVE
Discounts are available on post-licensing and CE classes!
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RECOGNIZE
Nominate fellow agents or staff for demonstrating Teamwork, Integrity, Passion, or Excellence.
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BHHS SHIRTS & PROMO ITEMS
Shirts & other promotional items are ready for you to order!
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SHOP
ACCESS YOUR EXCLUSIVE PERKS
As part of BHHSFLPG, you get serious PERKS. Log in to start saving today!
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KNOW
WE HAVE AN AUCTION DIVISION
KNOW
REGISTER FOR TECHNOLOGY DAYS!
- Get help with all things tech & resources from Tiffany
- Check the company calendar weekly to see where they will be and save your spot
- Tuesday, April 30 @ South Tampa
- Tuesday, May 7 @ Trinity
NEWS
VIRTUAL PITCH SESSION
Weekly Facebook LIVE listing pitch session with Guy Elazar every Friday @ 2:00 PM
Click to join
KNOW
MARKETING & TECH TIPS
- Watch all the marketing & tech tips you hear in your weekly sales meetings on youtube
KNOW
KVCORE (BHHSCONNECT GUIDE) LINK
- Find everything you need about kvCORE in this comprehensive online guide
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