Author Archive

Feb 15 2010

The Pendulum

Published by Dennis Stewart under General.

More than ever, due to dramatic changes in the economy over the past two years, the principles of credibility and trust are essential in building, or in many instances rebuilding, relationships. No matter what profession you are in, there are many people you reach in the business world who are struggling during these times.

Realizing that the pendulum is constantly swinging, the time has come to re-evaluate our professional model. Honestly, no one knows which direction the pendulum is moving. It is time to adjust from traditional relationship building processes and move toward building long-term relationships that are not pressure-based on one hand and taken for granted on another.

The economy of today needs to be understood fully by all in society through continuous study. With this, you will be ready to transfer hope to those you service, build relationships through educating and enlightening individuals to give them the direction and confidence they need to make home buying and selling decisions. From this, you build trust, loyalty and credibility, and become the source of direction and confidence in this interesting time.

Build confidence in those around you and be in front of people, in all forms of media, so they can grow from your knowledge and offerings. People want direction from people they can trust – make that person you.

Aug 20 2009

Thoughts from the Realty World Event

Published by Dennis Stewart under General.

CONVENTION-092As I witnessed things unfold early on the day of the annual Realty World NCA event, it was impressive to watch brokers and agents all meeting and greeting each other. The thing that hit me the hardest is that this group of people that considers themselves real estate professionals, also considers each other close friends, to the point of being ‘family’ members. The conversations started off not with business talk, but instead with catching up on subjects such as family members, trips taken, mutual friends, etc., before moving to conversations of the market.

As the morning progressed, brokers worked in harmony in the Broker Council Meeting because they had a mutual cause, instead of as individual owners. Sharing ideas showed that everyone could work together to make the system work, even when there were two brokers existing within blocks of each other.

The general buzz of the day was great. In the vendor area people gained knowledge from service providers, working together in educating each other how they used that particular service in their office, with their agents, or how it cut costs by doing it a particular way. The sharing of ideas and thoughts carried from one table to another.

The unity of how the speakers were received was powerful. Individuals took topics presented into their lives as individuals, and had the opportunity to share their ideas and thoughts during breaks.

This continued throughout the day with everyone in attendance, all truly appreciating the opportunity to be together as friends and fellow professionals.

Dennis Stewart
Vice President & Regional Director
dennis.stewart@rwnc.net

Jun 15 2009

You can take it to the bank, if only…

Published by Dennis Stewart under General.

Real estate professionals, it’s all up to you. BusinessMan

In today’s real estate industry, it’s vital for realtors to realize that you are the only messenger that can take the good and positive news to the throng of individuals and families who need to be educated and directed.

As we know, the news media uses a negative spin on most everything for sensational impact. But you, the ‘messenger,’ needs to research the news and find the true interpretation to deliver the positive side… or, what isn’t being said. With all the foreclosure news, bankruptcies of major corporations, and unemployment, it’s a reminder that the economy has a ways to go before there is stability. But it has to start somewhere and the signs of the day show that things are changing once again; this time, in the right direction.

Just two weeks ago, the pending home sales showed a very good increase, rising 6.7% from the previous month and 3.2% from April of last year. This was the third straight month the index has increased, which is a key indicator that the new and existing home sales reported are showing steady increase over the same period of time. This is a strong statement that the housing market is finding its way to stabilizing. April figures on personal incomes increased, which has not occurred on a monthly basis since last September. On an annual basis, personal incomes have increased, albeit not in large numbers, but an increase nonetheless, which fights off much of the doom and gloom that the news media reports so bluntly.

Another great indicator is that consumer confidence jumped in May to the highest level since September of last year. The consumer needs to be on a steady diet of positive confidence building news.

Today’s messenger must study, understand, and deliver the facts about the positive changes in the real estate market. In a previous blog of mine, Differentiate vs. Directional, I mention a statement that carries a significant message: “If it is to be, it is up to me.” Remember it… because it’s up to all of us as real estate professionals.

Dennis Stewart
Vice President & Regional Director
Dennis.Stewart@rwnc.net