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For Referrals Only a Real Estate License Holding Company

For Referrals Only (FRO) is a Real Estate Brokerage organization devoted exclusively to referrals.  It provides the opportunity for those with a California Real Estate license to keep “active” and receive a “referral fee” for helping friends, acquaintances and past clients with the difficult choice of selecting a real estate agent.  Payment of a fee would not otherwise be possible as license law prohibits paying a commission to anyone without an active license with a broker.

 

We believe that real estate sale is a more than full-time job.  Part-time agents do not provide the best services to the client and equally important, it is very frustrating and usually an unsuccessful experience for your client.  As a Referral Specialist, you will serve your friends’ and clients’ interests by helping them use the services of a full-time agent.  The FRO Referral Specialist Independent Contractor Agreement specifies that the Referral Specialist will not perform any services of a real estate salesperson.

 

 

What “For Referrals Only” will provide:

 

1.       A framework which better defines the roles and responsibilities of those who choose not to be full-time agents.

2.       A system and organization to maximize the income of the Referral Specialist.

3.       Association with the good name and reputation of Coldwell Banker Sky Ridge Realty.

4.       The experienced full-time agents at Coldwell Banker Sky Ridge Realty to refer your friends and customers.

5.       Access to Coldwell Banker’s National Referral Network to refer friends and customers throughout

North America

.

6.       An accelerated fee schedule.

If you are a real estate licensee who has your license inactive and would like to collect referral fees, contact Steve Keefe at steve@cbskyridge.com

Call for Action- Extend and Expand the Homebuyer Tax Credit

Steven Keefe, Broker/Owner 
Coldwell Banker Sky Ridge Realty 
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

As I have communicated with you during this past year, we have taken a leadership position vocalizing our strong support of extending and expanding the existing homebuyer tax credit.  With the existing tax credit window now rapidly closing for first-time homebuyers, and congress back in session, now is the time for you to make voices heard. 

Earlier today, the National Association of Realtors issued a Call for Action to its 1.2 Million members in support of this objective.  I urge you to go online to NAR Realtor Action Center and use the turnkey communications tool in order to contact each of your elected officials in Washington D.C.  We must impress upon Congress the importance of extending and expanding the homebuyer tax credit legislation in order to accelerate a broader economic recovery.

Specifically, I support expanding the tax credit from first-time buyers to all homebuyers, increasing the maximum amount of the tax credit from $8,000 to $15,000, eliminating the existing income caps for eligibility purposes, and extending this homebuyer tax credit for one year from the date of enactment.

These are all the issues that our corporate leadership addressed during its meetings with key members of the House and Senate in Washington D.C. recently.  This Call for Action is an opportunity for you to follow up with your local legislators and have our voices heard once again.  

It is my opinion that stimulating demand for housing- particularly in the repeat or move up buyer part of the market is the most effective way for Congress to help lead the U.S. economy into a recovery and back to a path of growth.  Timing is critical.  We ask that you take action today regardless if you are a Realtor or not  

Buyers Market... The Perfect Storm

Steven Keefe, Broker/Owner 
Coldwell Banker Sky Ridge Realty 
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

 

Friday of this week I did a training for my agents on "Buyers Reluctance."  The following are a few points that I hi-lighted in that session.

In a buyers market, there are opportunities that come available to buyers that a normal market does not afford.  It often surprises me how often buyers fail to realize these opportunities.  In our market currently, rates are at all time lows, there is a lot to choose from, prices are very favorable, and sellers are extremely motivated and willing to sweeten the pot to move their property.  These variables contribute to what I feel is the best buying opportunity I have seen in my 20 years in the business.  I will call it the perfect storm. 

Eventually, each one of the variables that are contributing to this great opportunity will vaporize.  What buyers need to understand is that if they are going to buy, now is the time to make the move. 

Why aren't they....

Many buyers are in a fence-sitting, waiting, loitering, delaying, dawdling, postponing, vacillating, hesitating, wavering, faltering, pausing, footshuffling mode when they should be seizing the day and taking advantage of the opportunity to make a really good deal.  Some buyers are imobilized by the fear of paying too much.  They are attempting to "time" the market and buy at the bottom.  What buyers fail to realize is that there is no bottom and waiting to try to time is will only cost them money and missed opportunity.  No one can time the market.

The real buyers... the ones making a good deal aren't trying to predict the floor, they are just trying to buy smart and make a good deal realizing that we are near the bottom of the market and the next cycle will likely be and upswing.  Smart buyers ask the question: "Has the market dropped enough to make a sensible purchase?"

The first step for a buyer making a good deal and maximizing opportunity is to get in contact with the one person who has a finger on the pulse of the market, your professional Realtor.  I own a brokerage where I have approximately 60 top agents who day in and day out come across those opportunities that buyers dream of.  Buyers need someone who can educate them on what is happening in the market and how best to structure a deal to maximize the gain.

If you need to be put in touch with someone who can do that for you, don't hesitate to call me at the office at 909.336.2131

Coldwell Banker Sky Ridge Realty did 54% of over $1,000,000 Home Sales in Lake Arrowhead

Steven Keefe, Broker/Owner 
Coldwell Banker Sky Ridge Realty 
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

 

The following chart shows all single family home sales in Lake Arrowhead over a million dollars reported as sold to the Rim Association of Realtors for the calendar year 2009 as of September 11, 2009.

If you are a seller looking to sell property on the mountain, or a buyer looking to purchase a mountain home, call Coldwell Banker Sky Ridge Realty, the market leader.

	Listings	Market
Firm	Sold	Share
Coldwell Banker Sky Ridge Realty	7	54%
Capre	4	31%
The Parkinson Group	1	8%
Remax Lake Arrowhead	1	8%
Lynne B. Wilson and Assoc.	0	0%
Total	13

Pending Home Sales on the Mountain

Steven Keefe, Broker/Owner 
Coldwell Banker Sky Ridge Realty 
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

 

According to the Rim Association of Realtors on September 1, 2009 42% of all pending sales of single family homes  on the mountain are listed by Coldwell Banker Sky Ridge Realty.  The last time I did this report was June 1, 2009.  The number of pending sales in total across the mountain today vs. June 1, 2009 is up 17%.  Coldwell Banker Sky Ridge Realty listings increased by 34%. 

Serious sellers list their property with a company that gets results.  That company is Coldwell Banker Sky Ridge Realty.  If you are a homeowner needing the assistance of a professional nationally recognized firm don't hesitate to contact Coldwell Banker Sky Ridge Realty.

	Pending	Market
Firm	Listings	Share
Coldwell Banker Sky Ridge Realty	58	42%
CAPRE	11	8%
Windermere	8	6%
Prudential California Realty	7	5%
Mountain Top Producers	5	4%
Lynne B. Wilson and Assoc.	5	4%
Mountain Country Realty	4	3%
Highlander Real Estate	4	3%
Sothebys	3	2%
Remax	3	2%
Prime Properties	3	2%
Lakeview Realty	3	2%
Century 21 Bill Baker	3	2%
Mountain Cabin Realty	2	1%
Healstone Real Estate	2	1%
Gregg Grant Broker	2	1%
Exit Realty	2	1%
ERA Bruin Trojan	2	1%
Cozy Cabins	2	1%
Bibby Realty	2	1%
Sue Miller	1	1%
Keller Williams	1	1%
Evergreen Realty	1	1%
Coldwell Banker Running Springs	1	1%
Brian Barr Real Estate	1	1%
Blackstone Real Estate	1	1%
Total	137

90 Days of Home Sales in Lake Arrowhead

Steven Keefe, Broker/Owner 
Coldwell Banker Sky Ridge Realty 
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

 

The following chart shows all single family home sales in the Lake Arrowhead Woods market reported as sold to the Rim Associaion of Realtors for June 3,2009 to September 1, 2009.  Coldwell Banker Sky Ridge Realty posted a 46% Market Share.  Coldwell Banker sold more listings than nearly all other company's in our market combined in Lake Arrowhead.

Serious sellers list their property with a company that gets results.  That company is Coldwell Banker Sky Ridge Realty.  If you are a homeowner needing the assistance of a professional nationally recognized firm don't hesitate to contact Coldwell Banker Sky Ridge Realty.

	Listings	Market
Firm	Sold	Share
Coldwell Banker Sky Ridge Realty	39	46%
CAPRE	18	21%
Prudential California Realty	6	7%
Century 21 Bonnie Blue	6	7%
Lynne B. Wilson and Assoc.	3	4%
Windermere Lake Arrowhead	3	4%
Mountain Country Realty	2	2%
Prime Properties	2	2%
The Parkinson Group	2	2%
Keller Williams Realty	2	2%
Arrowhead Resort Realty	1	1%
ERA Bruin Trojan	1	1%
Total	85