Continuing Education Classes & Non-Clock Hour Events

Coldwell Banker Bain | Seal is dedicated in providing training and Continuing Education opportunities for their real estate brokers, including FREE clock hour courses & non clock-hour training on important business tools.  If you are a real estate broker with Coldwell Banker Bain -or- Coldwell Banker Seal and are looking for clock hours to renew your license, or just need to brush up on your marketing or tech skills, check out the info below.   Note:  We add courses on a regular basis. Please plan ahead by pre-registering and referencing these calendars.  Also, some classes include clock-hours and others do not — remember to double check before registering!

Coldwell Banker BAIN – Live Classes & Online Webinars:

Coldwell Banker SEAL – Live Classes and Online Webinars:

Other Events:

  • Earthquake Home Retrofit, Ballard Branch Library, June 6th
    • Class is free, pre-registration required.
    • Free, introductory class provides information for do-it-yourselfers or those who want to become educated consumers on how to seismically secure your home to its foundation. Experienced instructors share their insight on tools needed, building techniques, the City’s free plan set and the permit process.
    • WHEN: Saturday, June 6, 2015 (2pm – 4pm)
    • LOCATION: Ballard Branch Library (5614 22nd Ave NW, 98107)
    • HOW: Pre-register at: snap@seattle.gov or call (206) 233-5076
  • GenBlue 2015, Chicago, Sept 16th – 18th
    • Sept 15th (2:00PM – 6:00PM) Event Registration at Chicago Theatre
    • Sept 16th
      • (8:00AM – 3:00PM) Previews Certification Class at Palmer House Hotel
      • (9:30AM – 3:30PM) Event Registration at Chicago Theatre Lobby Space
      • (4:00PM – 6:30PM) General Session at Chicago Theatre
      • (6:30PM – 7:30PM) Cocktail Reception at Chicago Theatre Lobby Space
    • Sept 17th
      • (9:30AM – 5:30PM) Learning Sessions at AMC River East 21
    • Sept 18th
      • (8:30AM – 5:00PM) CB Elite Sessions at Navy Pier Ballroom **Invitation ONLY**
      • (9:30AM – 4:30PM) Learning Lessons at AMC River East 21
      • (7:00PM – 10:00PM) Closing Night Party at Soldier Field

Non CB Bain | CB Seal Clock Hours
Below is more information about upcoming real estate clock hours if you need to get clock hours.  NOTE: these cost money and are not connected with Coldwell Banker Bain or Coldwell Banker Seal.

Want to know the secret to more real estate transactions?

We know that the secret to more real estate transactions is better follow-up with the clients you already have. At the beginning of 2015,  Coldwell Banker Bain | Seal launched the Contactually CRM (client relationship management) program to all of the brokers (agents) in our company.  Out of all the CRMs we evaluated, we thought the Contactually offered a simple to use solution and one that our agents would actually use.

We also knew that to realize a high adoption rate, we needed to provide the proper training.  The Contactually team provided fantastic support through Webinars and how to guides for the launch.  We have continued our regional and in-branch training and it has already paid off.  In just five months using, Contactually, we are hearing success stories from many of our agents.

View this short video and hear what our broker, Stacia Smith has to say about her success using Contactually.

Relevant News Links: Friday, May 22nd

 

“Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth.” – Robert Kiyosaki

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It’s getting more expensive to be a renter
Rents in April were 4% higher than a year before, according to a report from Zillow. That’s the fastest increase in two years, outpacing home prices which rose by 3%, the report showed.
http://money.cnn.com/2015/05/21/real_estate/rent-prices-rising/index.html?iid=Lead

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Squeeze on Renters

Seattle and Portland are 5 & 6 on the list. This data visualization shows the percentage of change in rental costs over the past five years in metropolitan statistical areas across the U.S.
http://www.realtor.org/infographics/squeeze-on-renters

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Should You Pursue Drone Technology?
Advice from an FAA official, a legal expert, and the first real estate pro to secure a waiver to use an unmanned aerial vehicle in his business can help you determine your course.
http://realtormag.realtor.org/technology/feature/article/2015/05/should-you-pursue-drone-technology

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Home Sales Cooled Off This Spring
Existing-home sales slowed in April, with all major regions of the country – except the Midwest – experiencing declines as buyer demand continues to far exceed the number of homes for-sale, according to the National Association of REALTORS® latest housing report
http://realtormag.realtor.org/daily-news/2015/05/22/home-sales-cooled-spring

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Water Recyclers Answer for Drought Stricken?
New water filtering technology that recycles a home’s water may soon become the answer to home owners in drought-stricken locations, like in California – and some officials are saying the technology may even offer more potential than solar panels,
http://realtormag.realtor.org/daily-news/2015/05/21/water-recyclers-answer-for-drought-stricken

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A house that thumbs its nose at the drought
Imagine a home that could recycle two-thirds of the water it uses. No need to imagine. New technology to do just that was recently approved for use in drought-parched California, and the company behind it claims it could be looking at a $15 billion business ahead
http://www.realtor.com/advice/sell/in-a-sellers-market-you-still-need-to-sell-hard/?iid=

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What Millennials Want in a Home
Millennials make up the largest share of home buyers at 32 percent, according to a recent generational trends report by the National Association of REALTORS®. While older generations sought out homes with luxury amenities and rooms with one specific purpose, younger buyers are seeking affordable, efficient homes that can be customized to suit their changing needs.
http://realtormag.realtor.org/daily-news/2015/05/21/what-millennials-want-in-home

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Home Buyer and Seller Generational Trends
Fixed monthly payments and the long-term financial stability homeownership can provide are attractive to young adults despite [their] witnessing the housing downturn,” says NAR Chief Economist Lawrence Yun. Yun says the share of millennial purchases would likely be higher if not for a these four factors: underemployment, subpar wage growth, rising rents, and student debt. All four make it difficult to save for a down payment, he says. “For some, even forming households of their own has been a challenge.”
http://www.realtor.org/reports/home-buyer-and-seller-generational-trends

Download Report:
http://www.realtor.org/sites/default/files/reports/2015/2015-home-buyer-and-seller-generational-trends-2015-03-11.pdf

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Hyatt Hotels Invests in Home-Rentals Startup Onefinestay
The home-rental space has been seen as disrupting the hotel industry by allowing people to rent out coaches, rooms or even whole houses to guests.
http://blogs.wsj.com/venturecapital/2015/05/22/the-daily-startup-hyatt-hotels-invests-in-home-rentals-startup-onefinestay/

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You should never trust an Airbnb review
Ever met a perfectly pleasant stranger and then you were asked to critique their communication, habits and home? That’s essentially what leaving an Airbnb review is like
http://qz.com/410264/you-should-never-trust-an-airbnb-review/

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A Memorial Day Tribute
Vietnam Vet and current manager at Coldwell Banker Hunter Realty, in Medina, OH, sheds light on what Memorial Day is truly all about.
http://blog.coldwellbanker.com/memorial-day-tribute/
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The E-Notary Public Is Slow to Catch On
Only one state so far allows the notarization of documents remotely, with signers using a live, two-way video conference.
http://www.nytimes.com/2015/05/24/realestate/the-e-notary-public-is-slow-to-catch-on.html?emc=edit_tnt_20150522&nlid=68153968&tntemail0=y&_r=0

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The Pain-Free Furniture Checklist
If you follow a few simple guidelines, you can find furniture that gives you the right amount of support.
http://www.nytimes.com/2015/05/24/realestate/the-pain-free-furniture-checklist.html?emc=edit_tnt_20150522&nlid=68153968&tntemail0=y

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Housing Production Jumps 20.2 Percent in April
Nationwide housing starts rose 20.2 percent to a seasonally adjusted annual rate of 1.135 million units in April from an upwardly revised March reading, according to newly released data from the U.S. Commerce Department. This is the highest level of housing production since November 2007.
http://www.nahb.org/en/news-and-publications/Press-Releases/2015/may/housing-production-jumps-20pt2-percent-in-april.aspx

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Yellen: Rate hike appropriate this year if economy improves
A U.S. interest rate hike will be appropriate this year if the economy improves, Fed Chair Janet Yellen said Friday.
http://www.cnbc.com/id/102701500

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National Credit Default Rates Reach Historical Lows in April 2015
S&P/Experian Consumer Credit Default Indices Press Release – May
http://www.housingviews.com/wp-content/uploads/2015/05/Experian-Press-Release-April2015-results.pdf

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Super-priority liens pose perils for homebuyers
Super-priority liens give a community association the power to initiate foreclosures and get first crack at the proceeds from the sale of a delinquent dwelling unit before the traditional first-lien held by the mortgage lender.
http://www.seattletimes.com/business/real-estate/murdoch-bid-to-dethrone-zillow-starts-with-knocking-its-math/

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Murdoch bid to dethrone Zillow starts with knocking its math
Realtor.com, enriched and emboldened after the News Corp. purchase, is fighting to claw away at Zillow’s mainstay “Zestimates.”
http://www.housingwire.com/articles/33890-placester-launches-web-design-for-single-property-listings

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Here’s why this Seattle realty company just ditched the MLS
Quill Realty is dropping out of the Northwest Multiple Listing Service.
http://www.bizjournals.com/seattle/blog/techflash/2015/05/heres-why-this-seattle-realty-company-just-ditched.html?surround=etf&ana=e_article&u=iT6Ej9T4EYz1/uAD4leF5qEYhm3&t=1431989898

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Study challenges claim that the Internet promotes price competition
Many experts had argued that the internet will be a boon to consumers, forcing businesses to compete more aggressively on prices as customers effortlessly compare prices on the web. There’s just one problem: actual empirical studies have shown mixed results, with prices on the web sometimes no better than brick-and-mortar competitors.
http://www.eurekalert.org/pub_releases/2005-03/osu-scc031505.php

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Redfin’s bid to overthrow traditional brokers still a house-to-house battle
Redfin began a decade ago as a new kind of residential real-estate brokerage: It would use the Internet to streamline homebuying, slash the commissions paid by buyers and upend a staid industry that ran on personal connections and closely held information.

Seattle Times:
http://www.seattletimes.com/business/real-estate/redfins-bid-to-overthrow-traditional-brokers-still-a-house-to-house-battle/

Bloomberg:
http://www.bloomberg.com/research/markets/news/article.asp?docKey=600-201505170335KRTRIB__BUSNEWS_39420_53088-1

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Millennials Are Poised to Be the Wealthiest Generation Yet: Here’s Why
I believe in my generation because I believe that we have three distinct advantages over prior generations that are conducive to long-term wealth accumulation:
http://www.biggerpockets.com/renewsblog/2015/05/13/millennials-wealthiest-generation/

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Interest rates, at historic lows since 2008, likely to start inching up this year
Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year http://www.oregonlive.com/business/index.ssf/2015/05/fed_interest_rates_at_historic.html#incart_river

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A second small home on a city lot? Tour them in Portand May 30-31 (photos)
An extra small home on residential property is not new. But not since WWII have cities such as Portland seen an explosion in carving out several separate homes from an original lot
http://www.oregonlive.com/hg/index.ssf/2015/05/adu_portland_tour_second_home.html

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5 Tips for House Hunting With Kids
Change is difficult, but a little planning can help put you and your children at ease.
http://www.zillow.com/blog/house-hunting-with-kids-176504/

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Existing home sales fall while housing starts surge — what’s up with that?
Sales of existing houses unexpectedly fell in April, providing the latest bit of confusing data about the health of the housing market
http://www.bizjournals.com/seattle/news/news-wire/2015/05/21/existing-home-sales-fall-while-housing-starts.html?iana=ind_rre

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The Interest Rate vs. the Annual Percentage Rate
When applying for a mortgage, potential borrowers may consider two terms interchangeable: the interest rate and the annual percentage rate. They sound like the same thing but are, in fact, much different.
http://www.wsj.com/articles/the-interest-rate-vs-the-annual-percentage-rate-1432215724

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More Builders See First-Time Home Buyers Returning
First-time home buyers might be stepping off the sidelines. But that doesn’t mean they’re fully back in the game yet.
http://blogs.wsj.com/developments/2015/05/21/more-builders-see-first-time-home-buyers-returning/

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Ginger & Jagger Turns Nature’s Form Into Function
The new Portuguese label uses the shapes of stones, vines and branches to create modern furniture designs
http://www.wsj.com/articles/ginger-jagger-turns-natures-form-into-function-1432220048

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Modern Beach Houses for Sale
Three homes on the market with beach access, from a disco-ready house in Ocean City, Md., to a midcentury-modern spread in Malibu
http://www.wsj.com/articles/modern-beach-houses-for-sale-1432222597

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Empty Nesters Reclaim the Kids’ Rooms
When the kids move out, some parents are quick to reclaim childhood bedrooms and create dream spaces like yoga studios, ‘snore rooms’ and fantasy closets.
http://www.wsj.com/articles/empty-nesters-reclaim-the-kids-roomsempty-nesters-reclaim-the-kids-rooms-1432217479

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Foreign Buyers Face Familiar Restrictions in Mexico
Mexico appeared to be on the verge of changing the law to allow foreigners more direct ownership of land. A bill enabling international buyers to claim prime properties in the Latin American country’s so-called “restricted zone” was approved in 2013 by the legislature’s lower house but has since stalled in the Senate and it looks like the status quo will remain.
http://mansionglobal.com/articles/2371

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The MarketPulse
The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics
http://www.corelogic.com/about-us/researchtrends/the-marketpulse.aspx#.VNVmOPmjNpU

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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahb.org/reference_list.aspx?sectionID=819&channelID=311

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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm

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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html

Kudos to Franz Diessner & Joe Overland

franz & joe long

Over very own Franz Diessner & Joe Overland from the Coldwell Banker Bain of Bellevue branch have been featured all over the interwebs… take a peek at what all the buzz is about!

Congrats guys & keep rocking! #homerocks

Natalie Grande
Coldwell Banker Bain | Seal
Training & Education Department

 

What I learned at CB Con PNW (hint: lots of cool apps!)

EdCon 2015 evtheader-wide

Having attended a couple of other Coldwell Banker conferences in the past, to me, this was the most inspirational and motivating of them all.  The speakers were super informative and they all seemed to share a common message, that humanizing your business is key.  Now, I’m not going to give away ALL of their secrets, but I will share a few things for those who missed out.  And if you were not able to attend, I highly recommend you attend next year’s conference!

Helpful Apps & Websites:

  • COEverywhere – lets you follow the social activity happening in a specific location, anywhere in the world
  • EmailHunter.co – find email addresses for any company
  • Ebay Now – 24hr delivery
  • Promoter.io – measures your Net Promoter Score (shows what you need to change)
  • Shot Spotter – gunshot detection & location
  • Swipefin – business finance app where you can quickly label/sort your expenses
  • Curaytor – inbound marketing system
  • Mophie – extended battery built into your phone case
  • TripIt – organize your travel itinerary in one place
  • DotLoop – collaborative online transaction management

Extra Tips:

  • Best place to grow your business, FB Groups
  • Find YOUR niche, go to wiki & search 5 of your favorite companies.  Their 1st sentence is their purpose… find your purpose.
  • What you are around, is what you become
    • Write down 5 people in your life that you speak with the most
    • Write down their annual income ($)
    • Divide that number by 5
    • This number will equal 10% of your income
  • 88% of FSBO‘s  end up listing with real estate agents (www.owners.com)
  • Zillow has a feature called “Make Me Move” — keeping in mind that 1% of their leads convert (don’t treat every lead the same)

 

Natalie Grande
Coldwell Banker Bain | Coldwell Banker Seal

Training & Education Department