What Part of “Thou Shalt Not” Don’t You Understand?

THE TEN COMMANDMENTS When applying for a Real Estate Loan

  

•·       Thou shalt not change jobs, become self-employed or quit your job.

•·       Thou shalt not buy a car, truck or van (or you may be living in it)!

•·       Thou shalt not use charge cards excessively or let your accounts fall behind.

•·       Thou shalt not spend money you have set aside for closing.

•·       Thou shalt not omit debts or liabilities from you loan application.

•·       Thou shalt not buy furniture.

•·       Thou shalt not originate any inquiries into your credit.

•·       Thou shalt not make large deposits without first checking with your loan officer.

•·       Thou shalt not change bank accounts

•·       Thou shalt not co-sign a loan for anyone.

  

 

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Creating Checklists so NOT TO Overpromise and Under-Deliver! (Includes free ideas & examples)

Operate with integrity and the money will come by way of referral business.

As you’ve seen on the back of many business cards (that just makes me roll my eyes) is:  “The greatest compliment I could ever receive is a referral… blah, blah, blah“ but it’s TRUE! Whether by accident or not- It only takes getting busted once for not doing something you promised at the listing presentation for you to jeopardize your reputation! If you don’t do what you say you’ll do you risk losing referrals.  When you lose referrals, you’re starting your business over from scratch. There is nothing sweeter than receiving a call out of the blue that says “so-n-so” told me to call!

I consider myself a seasoned agent on auto-pilot but I am not too proud to keep a checklist in the front of every file.  Just like pilots who KNOW how to taxi down the runway (no matter how many times they’ve done it before) they check all systems before giving the “CLEAR” for take-off to make sure a safe flight. We should all run our business with the same mentality.

Here are examples of some of the items found on my listing checklist:

• Measure rooms, place sign & lockbox

• Verify schools w/ school district

• Create action plan in Wise Agent*

• Order Virtual Tour

• Enter into MLS

• Listing paperwork turned in to office

• Showing instructions to Appointment Service

• Upload disclosures/ CC&R’s

• Create & deliver color graphics for “take one” box

• Post on Craigslist, twitter, Facebook, blogs & my website

• Verify virtual tour on Realtor.com

• Mail Just Listed Cards

• Send Lowes coupon **

• Order Residential Service Contract

• Copies & links to Seller

• Etc, etc…

I keep copies OF EVERYTHING and stay organized by using the 2 partition, 6 fastener classification folders (blue for listings, green for buyers, red for short sales, brown for land. Yes, I’m a freak…about my files) I even have a checklist for what goes in each section! (there’s my next blog idea)

Staying consistent by having my systems in place is not only for me, but for an Administrative Partner, or for another agent handling my business while I’m on vacation. 

You must have systems in place to run a smooth operation.

* Tip- Always lead with revenue.  Keep your lists all on paper or a dry erase board until you can afford a database program such as Wise Agent or Top Producer; buying into it only when you are convinced having such a system will be worth more to you in return. 

 **Free personalized Lowes coupon delivered on your behalf. Check it out by visiting: www.LowesRealtorBenefits.com .

As always, I welcome any questions & Subscribers!

The 10 “Thou Shalt Nots” When Applying for a Real Estate Loan

  

•·       Thou shalt not change jobs, become self-employed or quit your job.

•·       Thou shalt not co-sign a loan for anyone. 

•·       Thou shalt not use charge cards excessively or let your accounts fall behind.

•·       Thou shalt not spend money you have set aside for closing.

•·       Thou shalt not omit debts or liabilities from you loan application.

•·       Thou shalt not buy furniture.

•·       Thou shalt not originate any inquiries into your credit.

•·       Thou shalt not make large deposits without first checking with your loan officer.

•·       Thou shalt not change bank accounts

•·       Thou shalt not buy a car, truck or van (or you may be living in it)!  

Depending on your credit score, a one point drop could be the difference on whether you get final approval.  Your mortgage company will run your credit again just before closing to make sure there are no changes which negatively affect your score.  Just because you were pre-approved, doesn’t mean you can’t get UN-approved!

Eagle Mountain Lake Waterfront Property NOW 435,000-Ft. Worth

VIRTUAL TOUR: http://www.tourfactory.com/475672

 7852 Skylake Drive Fort Worth, TX 76179 

Home has separate guest quarters which could be a home office with a separate entry for your customers! Original owner. Home has been well-maintained and is in move-in condition. With some updating this could be a showplace! 

3,582 SqFt,  built in 1976, 4 bedroom, 3 1/2 bath, 3 living areas! ENJOY THE WATERFRONT LIFESTYLE with cool breezes and views from multiple decks. This stunning home at 7852 Skylake Drive which cantilevers over the rocky shore of Eagle Mountain Lake offers approx. 128′ of water frontage. This unique property has separate quarters which includes its own living area, loft, private bedroom and bathroom as well as access to the observation deck; the perfect spot to meet for morning coffee or sunset dinners! The main house has 3 bedrooms, 2 1/2 baths and offers multiple water views. Envision yourself on the master suite private balcony enjoying the sound of the waves washing ashore while reading your favorite book! Other features include: 2 fireplaces, a 40′ boat slip, full yard sprinkler pumped form lake water, vaulted ceiling with exposed beams, pier & beam Steel foundation, 12″ concrete walls, AC & hot water heaters are less than 2 years old. MLS# 11133760 Call Kelly today at 817-714-2898 for more info or to schedule a private tour.

Gormet Kitchen, Salt Water Heated Pool & Spa, 3 Car Garage- Fort Worth

 Virtual Tour: http://www.tourfactory.com/538991 

$385,000 – 7645 Eagle Ridge Circle Fort Worth, TX 76179 has 2,961 sqft, built in 2005, 4 bedroom, 3 bath, 3 car garage, single story. Granite Kitchen has 7ft island, custom cabinetry, tumbled marble backsplash, 5 burner Jenn-Air gas cooktop, stainless appliances, built-in bill station, walk-in pantry & breakfast bar which overlooks the sparkling heated salt water pool & spa. Master has his & her closets, separate sinks, jetted tub & oversized shower. Efficient INSTANT hot water on all faucets, dual flush toilets, Radiant barrier roof, Trex decking. Other features include keyless entry, wood, carpet & ceramic tile floors, Jetted tub in master, jack-n-Jill bath between bedrooms 2 & 3, remote control gas fireplace, side entry 3 car garage, plumbed for gas grill on patio,  Stainless Fridge stays, View of Eagle Mountain lake from backyard, and MUCH MORE!  MLS# 11261531. Call Kelly Schipper for a private tour at 817-714-2898.

 

Hello Friends! Welcome to my new blog “Kelly’s Connection”

I promise not to bore you with just new listings, or price changes but bear with me while I get them uploaded for the first time! I want to give everything in my marketing arsenal available to my clients so that they know selling their home is my TOP PRIORITY. I’m excited to see what kind of new traffic blogging will bring!

Dreamy Log Home on 5 acres, no city taxes or deed restrictions- Fort Worth

 

 9218 Westfork Trail Ft. Worth, TX 76179

 

$269,900

VIRTUAL TOUR: http://www.tourfactory.com/559282

 DREAMY LOG HOME! 2,104 sqft, built in 1984, 3 bedroom, 2 bath, 2 car garage. Horses are welcome to this property located on 5 acres in unincorporated Tarrant County w/ NO DEED RESTRICTIONS! The home features appx 2, 800 of gorgeous patio decking including a 15×12 private patio off the master suite. The master bath features a jetted tub, his & her sinks, walk-in closets; separate shower and make-up vanity! Kitchen has granite countertops, 20″ ceramic tile flooring & Stainless appliances. Logs are cedar & white Pine, bleached and sealed in 2009. Roof, two Trane AC unit heat pumps & two  50 gallon hot water heaters appx 1 year old. Mineral Rights DO NOT convey! MLS# 11299408 Call Kelly today at 817-714-2898 for more info or to schedule a private tour. 

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