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VOLUME: 6 • ISSUE 41 • NOVEMBER 2012

RE/MAX Professionals INSIDER Newsletter

Once again it was truly a pleasure to spend time with our Real Estate Commissioner, Judy Lowe. She attended a broker luncheon business meeting as a special guest. The following are some of the items that were discussed and the information she delivered.

prominent than the company affiliation. You cannot pay an attorney, or anyone else, to refer you business unless they have a Real Estate license and are employed by a Broker. Then you may pay a referral fee to that entity.

Three-plus years ago when Judy was appointed as Real Estate Commissioner, there were 957 open complaints at the department. Today, there are 81 and she has half the staff that her predecessor had. We could all have a take-away here.

As I mentioned last month, property management is an ongoing challenge to ADRE. There has been a recent change in their terminology. Previously they used a term “co-mingling” if trust funds were combined with operating or personal funds. Now they call it FRAUD. Please do not, under any circumstances, think it is OK or harmless to manage a property without a trust account and a management agreement. Contact Vern Stevens at our Arrowhead South office and he will handle all of your personal and client property management needs. I believe he will even pay you a referral fee. Vern’s contact number is 602-397-2243

Efficiency and systems were the key to turning this around. If you are working on a team, disclose all team members on the listing contract. This also needs to include a transaction coordinator if you are using one.

When you show a property, save the printout electronically or the physical paper. Place the printout in Dropbox or an email folder labeled for that client. It is amazing how much they can change between showing and closing.

Along this same line, if you are marketing a team, you no longer need to register the team name with the Department of Real Estate. You must, however, disclose in the ad anyone who is not licensed. The team ad cannot be more

We, as a company, strongly suggest the use of the Buyer Broker Agreement. Turn in this agreement as you would any other document at the time of signing.

There are approximately 91,000 licenses in Arizona. • 60,000 are active • 20,000 are inactive • 10,000 are expired but in the grace period • 41,000 are Realtors

We have a group of the finest Realtors on the planet and it makes me proud to have discussions with our boss, Judy Lowe. She always compliments our entire company. Hats off to all of you! Have a great month!

Frank Russo

- Frank Russo

Designated Broker 7111 W. Bell Rd. Suite 101 | Glendale, AZ | 85308


Professionals

Happy Birthday to you!

Randy Lewis Brooke Jordan Sharon Mason Jamie Consalvo Debbie Geisler

11/1 11/2 11/2 11/5 11/6

Arrowhead North NW Valley Sun City West NW Valley Anthem

Jesse Abarca Marion McGuire Frank May Kristine Seemiller Jim Scott Bea Gere Linda Smith Anna Shaw Darrell West John Whalen April deLeon Heather Phillips Carol Webb JP Cook Mike Sims Bill Rehwalt Mike DeRosa Sandie Sado Colleen Beguin

11/8 11/10 11/12 11/14 11/17 11/19 11/19 11/21 11/21 11/21 11/21 11/22 11/22 11/23 11/23 11/27 11/28 11/29 11/30

Arrowhead South Arrowhead South Arrowhead South Arrowhead South Arrowhead South Arrowhead North NW Valley NW Valley Arrowhead North NW Valley Arrowhead South Arrowhead South Arrowhead South Arrowhead North Arrowhead South Anthem Arrowhead South NW Valley NW Valley

Steve Padilla Claudia Artz Cara McGuire Marion McGuire Chris Zubrycki Diane Barnes Carl Phillips Frank Fox Tamara Wilson Ron Roberts Polly Brown Jason Campagna Chad Fairchild Jake Wright Mike Klackle Jim Scott Holly Haia

14yrs. 12yrs. 11yrs. 11yrs. 11yrs. 9yrs. 8yrs. 8yrs. 7yrs. 7yrs. 6yrs. 5yrs. 3yrs. 3yrs. 3yrs. 2yrs. 2yrs.

SW Valley SW Valley Arrowhead South Arrowhead South Arrowhead North Sun City West Arrowhead North NW Valley Arrowhead North Anthem Sun City West Arrowhead North Arrowhead North Arrowhead South SW Valley Arrowhead South SW Valley

*Anniversary years are based upon information received from RE/MAX, LLC Membership Services Dept.

Mortgage rates remain near historic lows If you’ve been waiting to buy a home, now may be the time to take action

Mortgage rates are near historic lows, making today a particularly good time to consider a home purchase or a refinance of your existing mortgage loan.

Call us today to discuss, how we can help you today! David Pineda Sales Manager P: 602-703-8123 david.pineda@wellsfargo.com NMLS ID: 473029

Kurt Zimmerman HMC P: 602-390-0164 kurt.t.zimmerman@wellsfargo.com NMLS ID: 418904

Keith A. Knoeferl HMC P: 480-316-8064 knoeferl@wellsfargo.com NMLS ID: 502440

Michelle Reale HMC C: 602-339-9443 O: 623-878-2201 michelle.m.reale@wellsfargo.com

Fran Comer HMC P: 602-291-2822 frances.j.comer@wellsfargo.com NMLS ID: 404801

The average origination fee for a loan of this size would have not include other closing costs. One point is one percent of the loan amount.

This monthly payment amount does not include property tax or homeowner’s insurance, which must be paid in addition to be higher. The rate, points, APR, and payment amount are based on the most recent monthly average from Freddie offered by Wells Fargo Home Mortgage during that month.

Source: Freddie Mac’s Primary Mortgage Market Survey available. PMMS data is provided “as is,” with no warranties of any kind, express or implied, including, but not limited to, warranties of accuracy or implied Information is accurate as of date of printing and is subject to change without notice. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. ©2011 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801. 106366 -

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RE/MAX Professionals ANTHEM Office

is now OPEN! 39504 N Daisy Mountain Dr Ste. 106 Anthem, AZ 85086

ROB CANNON C: 623-302-3684 • O: 623-256-6070 E: rob.cannon@fnf.com • www.RobCannonFNT.com

Outstanding Agents.Outstanding Results®

Come by and take a look at our new office!


Professionals

What PERMITS Do I Need? Mountainside lots provide panoramic views of the city as well as the majestic mountains of our Arizona desert. When looking for a home and considering a remodel, permits may be needed, both inside and outside, to complete the project. Wally Knipp of Knipp Contracting explains the legal aspects of acquiring the proper permits. Visit YouTube online under Knipp Construction for a video. As a homeowner, looking at a hillside lot, extra cost should be factored. Watch as Wally explains what process Knipp Contracting had to take for this hillside lot.

Thank you everyone who particiapted in the walk and also those who donated to help make a difference.

When remodeling a home, it is important to look at the surrounding area. In the YouTube video example, Wally explains why a hillside permit is needed. The ramifications that occur when the permit is not obtained could cost the homeowner time and money. Understand the total cost so that you, as the homeowner, can make an educated decision. The lot pictured above has breathtaking city and mountain views. After the remodel, this home will be the envy of the neighborhood and the proper permits had been obtained. If you are unsure about which permits are needed, contact a contractor. Ensure you will be able to resell your home when the time comes.

-Wendy Knipp 24654 N Lake Pleasant Prkwy #103-139 Peoria, AZ 85383 P: 623-561-0803 • E: sales@knippcontracting.com

TRAVIS ZIMMERMAN

OneGuard/Professionals Home Warranty 602-757-2959 t.zimmerman@oneguardhw.com

Outstanding Agents.Outstanding ResultsÂŽ


6th Annual

RE/MAX Professionals Pumpkin Carving Contest

Thank you to everyone who participated and to our Pumpkin Carving Winners!

1st Plac e Winne r: Burger P umpkin: Randy L ewis Tea m

2nd Place Winner: Presidential White House Pumpkin: Surprise Team

3rd Place Winner: Jack in the Box Pumpkin: Russo Team


Professionals

7111 West Bell Road. Suite 101 Glendale, Arizona 85308 Each office is independently owned and operated

RE/MAX Professionals INSIDER Newsletter EDITOR: Carol Murr cmurr@azpros.net 623.533.3100 GRAPHIC DESIGNER: Orlando Diaz odiaz@azpros.net 623.643.1000 CONTRIBUTORS: Frank Russo Fidelity National Title Wells Fargo Home Mortgage Knipp Contracting Oneguard Home Warranty

RE/MAX Professionals Newsletter is created and distributed on a monthly basis. All rights reserved. If you would like to submit an article or advertise in our newsletter, email Carol Murr at: cmurr@azpros.net

“The Real Estate Company You WILL Refer”

We are experienced professionals providing world-class service with integrity and respect. ARROWHEAD SOUTH

NORTHWEST VALLEY

SOUTHWEST VALLEY

7111 W Bell Rd Ste 101 Glendale, AZ 85308 623.643.1000

15003 W Bell Rd Ste 100 Surprise, AZ 85374 623.533.3100

10320 W McDowell Rd Bldng B Ste 2005 Avondale, AZ 85392 623.344.7300

ARROWHEAD NORTH

SUN CITY WEST

ANTHEM

20241 N. 67th Ave Ste A-1 Glendale, AZ 85308 623-362.3000

13940 Meeker Blvd Ste 119 Sun City West, AZ 85375 623.214.3340

39504 N Daisy Mountain Dr Ste 106 Anthem, AZ 85086 623.465.2300

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