Cape Coral Real Estate Chatter

June is Heating up... My Client for Life program!

	Direct: 239-214-0750 Fax: 239-214-0749 Office: 239-210-0270 Office Fax: 239-210-0271
13251 McGregor Blvd. #104 Fort Myers, FL 33919	-SELLING EVERYDAY WITH JOHN REAY- Agent To Cape Coral, FL
HOME MY BLOG MY LISTINGS E-ZINE OF SW FLORIDA ASK ME ANYTHING! GET PERSONAL VIDEO EMAIL FROM JOHN! JOHNS NO BULL LISTING GUARANTEE Property Seach -Residential -Land/Lots & Docks -Commercial -Foreclosures AGENT INFORMATION MY HOME'S VALUE SCHOOL INFORMATION COMMUNITY INFO COMMUNITY GUIDES MORTGAGE INFO EXPERT ASSISTANCE RELOCATION RETIREMENT JOIN EXIT NOW!	May continues to be another month in the Positives for Real Estate Inventory Remains Steady: In Cape Coral we are seeing a steady flow of listings, or inventory, normal sellers are starting to get sold again, so long as the price is right. And the short sales are starting to move a little quicker its still taking over 90 + Days, so if you looking for a short sale property be prepared for a long process. Foreclosures are still the order of the day, 3 out of 5 sales are foreclosures from the banks. Which is making the SW Florida market still a hotbed for investors and first time home buyers. We are maintaining an inventory level of about 7 months supply now, down from 14 months. Sales Remain Strong: The sales in the area for the fifth month in a row now are posted in positive ground, up 130% over last year this time, and the incentives are the strongest they have ever been for first time home buyers. Those in the market for a new home need to understand that they are dealing with two different types of markets. The fast paced multiple offers of foreclosures where you need to be willing to bid over asking price to get it, and the regular market sales where you can negotiate with the seller because they are anxious to move on with their lives now, and are very frustrated. So there are two things to remember 1) BID AGRESSIVELY ON FORECLOSURES and 2) NEGOTIATE EVERYTHING ON REGULAR SALES!. Media is starting to Respond to the Trend: The media is starting to respond to the market trends, and its really interesting how with main stream media its not official until 3 months after the fact. Here in Florida we were the first one's into the sub prime mortgage meltdown, so it stands to reason we are also the first ones out of it, in March this area saw the bottom of values, and the bottom of interest rates. Now rates are on the rise and value is still high for the dollars, so the media is telling everyone now that you should be buying soon in the near future. The reality is that to make money you buy right and when you sell you will not be disappointed with your purchase. Buy now and hold those properties and you will realize extreme value! For more information on how you can make money investing in real estate, contact me at info@exitrealtytoday.com. Last Thought for this Blog. What value is your agent providing you? When you are a client of mine, past, present, or future. You receive information on a regular basis that is timely, relevant, and will in the end help you make the most money in your life. Every empire, every fortune, every billionaire has turned to real estate in some form or fashion to make and expand their long term wealth. It is simply the best vehicle for your money ever, as we have seen even the largest of companies sadly at the end of the day are just certificates that are made of paper. GM stock is worthless, unless you sell it on EBAY for historical reasons. Whereas land and homes, lots and commercial property all will hold a value, that value changes depending on the market, however it still has a value. My clients don't just buy or sell with me and then I am done with them until they sell or buy again, my clients know exactly what is going on in the market area, and where the next big trend is. This way they can capitalize on it and be ready for it. In early 2006 my clients in the Orlando market area were itching to buy still and I told them and told them, the market is turning you need to wait. Those that did just that, are buying today at a record pace, and paying cash for things at 35% of what they were selling for just 3 years ago. So I ask you again, what value does your agent bring to you today, if the answer is not much then get in touch with me and my team and we will help you make a truck load of money in your life...
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EXIT REALTY CONVINCED FORMER ERA AGENT VINCE ARCURI TO JOIN EXIT!

I was reading this and thought to myself, there is no better explanation of WHY we at EXIT love it so much, than this piece from Vince Arcuri of EXIT Realty in Tampa FL. Vince is genuine and a life long commited real estate expert in Tampa FL. Thanks Vince!

"I got a call from a “headhunter” from RE/MAX today. She was shocked that I left ERA after 18 years!  “Why not RE/MAX” she asked me.  I told her all of the great reasons why I was drawn to EXIT Realty.  I explained all of the great tools they offer me to market my listings and all of the great agents sending referrals nationwide.  I told her about Single Level Residuals!  Do you know what this person told me?  She said that it did not make sense to go with EXIT because I had to rely on the sales of others to make the residual monies.  I thought “YEA! That is great …… right?”  She said she would rather take her own money and put it into a retirement account and save for her own “EXIT” from the business.  I thought to myself as I was having this conversation, why is every real estate agent in America not with EXIT?  The managers of those other firms can’t even come up with a rational reason as to why EXIT is not good!  This lady was trying to tell me I was better off paying $25,000 to RE/MAX to rent an office space than I was at EXIT?

So I’m better off with another firm?  I hire in at EXIT and bring agents in and make 20%-30% more than 100% and that is not good enough.  When I was with ERA, the maximum I could ever make (if I could find a broker who would pay me 100%) was 94%.  With RE/MAX, say 100% (- the $25,000 per year office fee), Century 21 is the same as ERA and so is Coldwell Banker, so 94% is your cap if you find a broker willing to let you set up shop for FREE (NO WAY NO HOW unless your dad is the owner of that franchise).  With EXIT, you can make 200% of your gross income.  You can make 300%.  This residual plan is SINGLE LEVEL.  This is not a crazy “profit sharing plan” like at Keller Williams (who by the way never could explain to me how I was getting my money from the residual plan and neither can any of their agents).  If you are an agent, especially if you are under 50 years old, you can really set yourself up for a six figure retirement plan.  I plan on staying with EXIT until I DIE (and oh, by the way, my children will continue to pick the fruit off the EXIT tree when I pass away).  What is your company going to do for your family if you passed away unexpectedly?  Check with your local EXIT broker today and see what EXIT has to offer.  If you don’t, you are selling yourself, your family and your clients, short of what they could and should be getting from you."

For more information on EXIT, please visit www.makemorethan100percent.com 

John Reay
EXIT Realty Sunrise
O: 239-214-0750
C: 239-233-9115