May
08
Posted (Roy McKenzie) in Staff Meeting Recap on May-8-2008

In today’s staff meeting we covered some very interesting topics. So for those of you who weren’t able to make it or for others who are just interested, here is a recap.

PMZ Home Loans market update:

  • Interest rates below 6% are still available including for FHA and VA loans.
  • Banks are tightening down restrictions on underwriting new loans. Contact a PMZ Home Loans agent so that they can step you successfully through the process.

Floyd Wickman Training update:
PMZ Real Estate agents are well into their 5th week of the 7 week training program. We heard from several agents that have found great benefit from the program. The program has helped one agent overcome her shyness, allowing her to do some phone prospecting without even breaking a sweat. Another agent learned how to consolidate all his contacts into one location and to contact at least 100 of them a month for referrals.

2008 Year to date transaction stats:

Month
2007 avg Sales Price
2008 avg Sales Price
Closings
Jan

Feb

Mar

Apr

$349k

$340k

$348k

$333k

$258k

$236k

$239k

$223k

132

150

201

277

May 29th, 2008 - Mandatory Meeting at the State Theatre
May 29th, 2008, Gov Hutchinson from CAR will be joining us after our regular staff meeting to discuss some issues. The State Theatre is located at 1307 J Street, Modesto, CA.

Proposition 98 and 99
Make sure you are informed regarding these propositions when voting time comes in June. To read California Association of Realtor’s position and more about the propositions, visit their website.


Comments:
Jason Edwards on May 9th, 2008 at 6:53 am #

Nice work SMART Students! I love reading about your success. Thanks PMZ for putting it out there for the world to read. Very inspiring!

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