NEW YORK 9-23-19

NEW YORK EDITION

Things You Can Do to

ANTICIPATE YOUR CLIENT’S NEEDS

RECONSIDER REFERRAL-ONLY WHEN PLANNING FOR THE FUTURE

REACHING THE MILLENNIAL MARKET THROUGH SOCIAL MEDIA

COVER STORY

GREGORY COOPER

FEATURED AGENT

JO-ANN REILLY

NEW YORK EDITION

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GREGORY COOPER

JO-ANN REILLY

CONTENTS 4) 6 THINGS ALL SUCCESSFUL NEGOTIATORS DO 6) RECONSIDER REFERRAL-ONLY WHEN PLANNING FOR THE FUTURE 15) EASY BLOG TOPICS FOR YOUR REAL ESTATE BLOG

GREGORY COOPER

18) REACHING THE MILLENNIAL MARKET THROUGH SOCIAL MEDIA 22) THINGS YOU CAN DO TO ANTICIPATE YOUR CLIENT’S NEEDS

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6 Things All Successful Negotiators Do If you think about it, you’ve been negotiating your whole life. As a kid you negotiated constantly with your family, your teachers, and your classmates. If you’re a parent, you’re negotiating probably more than you ever have in your life. But it’s one thing to negotiate staying up late on a school night, people oftentimes have trouble translating those real world negotiation skills into the business world. But the truth is there are a lot similarities.

Expert negotiators all have skills and techniques they bring to the table. It’s quite possible you also have them, and don’t even realize 4

it. Here’s a look at some traits that are common among expert negotiators.

1. They keep emotion out of the process It’s very easy to feel frustrated, angry and defensive during a negotiation process. But when emotions run high, it’s often difficult to respond with logic and reason. This can be especially difficult if the person you’re negotiating with tries to escalate the situation. As the saying goes, keep calm and carry on. You

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have an end goal in mind, and getting heated won’t help you meet it. If things don’t go your way, remember it’s not personal. Best to leave the table with no hard feelings. Hopefully even though you may not have gotten what you’ve wanted this time around, you’ve established a foundation for success at your next try.

2. They’re reasonable If you don’t ask for what you want you’ll never get it, but at the same time, you need to be reasonable about what you’re asking for. Yes, ask for a little more than you want, so you have some wiggle room to compromise. But if you ask for too much too soon, you might shut down the person you’re negotiating with from the start, or even worse offend them. No one wants to feel like they’re being taken advantage of. Ask for what you deserve and you’ll never go wrong. At the very least you might start the conversation on how that might be possible down the line, if it isn’t just yet.

3. They’re well-prepared Part of being reasonable is being well-prepared. One of the biggest mistakes novice negotiators make is showing up over-confident and under prepared. Have the research and facts to back up what you’re asking for. Show your negotiation partner evidence of why what you’re asking for is not only fair, but necessary. Facts are hard to shoot down. This will also give you the confidence to really push for what you want. It’s not just something you think, it’s something that’s undeniable true. If you go in unprepared you’re more likely to flounder, which will damage your credibility going into future negotiations.

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4. They always strive for a win/win solution for everyone Yes, negotiations are about getting what you want, but as the old saying goes, you get more flies with honey than vinegar. Your negotiation partner might also have reasonable requests that you need to consider. Ultimately, successful negotiations are about compromise on both sides, and ending up with an outcome that benefits everyone.

5. They’re creative Problems and conflict are a natural part of any negotiation. One surefire way to impress, is to head off any impending roadblocks, by coming up with creative solutions. It’s easy to point out problems and be negative. Truly expert negotiators think outside the box, and dazzle with innovative concepts and ideas that leave everyone excited about the process.

6. They’re good listeners Listening in order to really understand where your negotiation partner is coming from is important for two reasons: you not only want to make them feel heard, but knowing what they want is invaluable information you can use to get what you want. At the start, you’re gathering information by asking questions and really hearing what they say, which includes picking up on body language and nonverbal cues as well. This is part of being well-prepared, using every possible thing you can to have an advantage.

Being in control of the situation, and then leading everyone to a successful conclusion all around is what great negotiation is all about.

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Reconsider Referral-Only When Planning for the Future

A 100% referral rate is a testament of client happiness. But even a 30% referral rate is proof of client satisfaction. It’s all relative, say some agents. One number pays tribute to past success, which is certainly a story worth telling. But the other might better predict the future. Many agents plan for the idea that 6

working only on referral may not be sufficient during slower times of the year, in a down market, or when an agent needs to expanding into a new sector.

Unless you are clairvoyant enough to flawlessly predict every market change or every

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Many agents plan for the idea that working only on referral may not be sufficient during slower times of the year, in a down market, or when an agent needs to expanding into a new sector. life change that your clients and referral partners may experience, it’s wise to maintain an active marketing presence. The reasons vary, however, depending on the goals and trajectory of each individual’s business.

If long-term success, a growing team, a legacy or expansion into new areas are not priorities, then working a sphere of influence may be enough for some agents, especially those who may be in the industry mostly for the love of the business. But for a majority of agents, no matter how much they love their work, their real estate and mortgage businesses are careers, first and foremost.

Let’s start with the team-builders and mentors. Agents and brokers who are building teams are wise to invest in business marketing, advertising and community outreach. Ty Hutchins, who owns and operates Ty & Company Real Estate in Colorado’s Front Range, says that, while she could personally live off referrals alone, her goal is to build up her agents. “I do the marketing piece for my team, so I can help them succeed,” she says. That marketing includes running commercials on TV and in movies theatres, as well as lead generation that identifies potential buyers, sellers and Top Agent Magazine

investors between the Colorado Springs and Denver markets. Her team’s goal, she adds, is to promote their reputation of being honest, hardworking professionals with the reach of a major brand but the personalized approach of a boutique.

Then there are the growers. Khrista Jarvis and Nicole Jung of The Khrista Jarvis Team in the San Francisco Bay Area, are on a considerable growth track. “We’re the #1 team in our area and the top team in Compass Real Estate nationally,” explains Khrista. While high marks for service on behalf of their clients have led them to these heights, they know that they must continue to evolve and market their brand. “We do a good deal of social media marketing for our listings and for our business,” she says. Their names, therefore, are frequently linked to sentiments of trust, dependability and market knowledge, both in their marketing and in their reviews.

Next, there are those who weathered the worst of times. Susan Roche entered real estate sales in 2003, following several years of property management in North Carolina.

The key to her sustained triumphs through major market swings lies in her long-range planning. “If the market starts to dip or fall,

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I have safety nets in place,” says Susan Roche, team leader of Simply Real Estate, based in Charlotte. “When it’s a seller’s market, I still plan for a buyer’s market and when it’s a buyer’s market I plan for a seller’s market..” In other words, no matter how comfortable her existing work may feel, she networks consistently. She also employs a full-time marketing director who leads several projects including ongoing research, events and social media exposure in addition to listings marketing. By staying ahead of market changes, Susan knows she can unfailingly represent her clients’ best interests while still maintaining a safety net for her business.

Even professionals with more than three decades’ experience and deep referral networks know the importance of business

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marketing. Cathy Richards, co-owner with Nancy Dalaska of Epic-Wasatch Homes in Park City, UT, entered real estate in 1987 and still draws at least a fifth of her business from lead generation, social media marketing and community outreach. Her business partner, Nancy, adds that real estate is about much more than their own business. “We love collaborating and brainstorming with other agents to help them prosper,” says Nancy. “We believe the healthier the market, the better we all are.”

Regardless of market conditions, even the best reputation can’t guarantee long-term success. To sustain and grow, it’s wise to feed your business by increasing exposure, remaining flexible and maintaining systems for customer service, networking, research, marketing and lead-generation.

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GREGORY COOPER Top Agent Magazine

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GREGORY COOPER Gregory Cooper launched his career in real estate twenty years ago and immediately hit the ground running. After earning Rookie of the Year for his debut efforts, he swiftly ascended the ranks and went on to become a top-producer under his brokerage, breaking highest-ever sale price records in buildings throughout Manhattan all along the way.

Today, Gregory spearheads his work with the help of an assistant, under the banner of Douglas Elliman Real Estate. There, he serves clients all across Manhattan, with a particular specialty in the Central Park 10 Copyright Top Agent Magazine

West area, and has also found success in Brooklyn. Likewise, he has built a reputation across a number of neighborhoods for his savvy marketing, excellent returns, and high rate of repeat and referral clientele. In fact, almost the entirety of his business is driven by sellers and buyers who return to or refer Gregory for his honesty, full-scale service, and proven track record. “I’m known for being transparent and straightforward, and for getting the best results,” he says. “I put my clients’ interests above mine, and it’s clear.

I don’t just tell people what they want to Top Agent Magazine

hear, and people appreciate that sort of honesty. That’s how you build a professional relationship that lasts. It’s based on trust.” Having earned a coveted spot in the top 1% of all agents in America and as the #2 agent in his banner company of more than 8,000, Gregory has cemented himself as a national leading sales broker.

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When it comes to marketing, Gregory’s eye for detail and comprehensive approach shine. His pre-market regimen for properties include cleaning, storage, high-end professional photography that also capture sunrise and sunset views, time-lapse videos, virtual staging and floorplans, and 3D renderings. Accordingly, prospective 11 Copyright Top Agent Magazine

buyers are able to envision the full scope of a property and its future potential. Detailed neighborhood features help global or outof-town buyers acquaint themselves with the area, while strategic pricing breeds competitive bids so sellers earn top dollar on their investment. Not only does Gregory often earn sellers far above asking price, but he has also broken numerous building and neighborhood records for Copyright Top Agent Magazine 12

the highest price-point per square footage—all thanks to his dynamic marketing campaigns and outside-the-box approach.

Typically, the price range for homes in areas where Gregory’s sales range from $800,000 to $8-million, and all move off the market with expediency.

Whether working with sellers or buyers, Gregory’s steadfast focus remains on the Top Agent Magazine

client, their goals, and a positive outcome for all parties. “I like making other people happy and enhancing the life of a family—whether they’re buying their first home or growing,” he says. “I do my best to get them excellent results and that’s the most rewarding part, helping Top Agent Magazine

them find the right home, or getting them top dollar so they can move on to their dream home or retire. Making them happy makes me happy, and that’s genuine. I care, and I want and do what’s best for them. That’s always been and will be my first priority.”

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Photos by Richie Schwartz of Pets Photography Studio

Beyond the office, Gregory most enjoys time spent with family and friends, trying out new restaurants around the city, swimming, and spending time with his dogs. As for the future, he intends to keep growth steady. “I’ve been fortunate enough to grow

tremendously and I’ve worked very hard to be at the top of my profession,” he says.

“When I’m working with clients, my focus is on their happiness. When you do right by people, the word spreads. Now, the sky is the limit.”

To learn more about Gregory Cooper email Gregory.Cooper@Elliman.com, call (212) 882–1922, or visit GregoryCooper.Elliman.com https://

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Easy Blog Topics for Your Real Estate Blog Today, blogging looks a lot different than it did back in 2007, when the platform was just beginning to take off. Successful bloggers don’t choose blog topics on a whim. They think strategically and develop pillar content that their target audience will come back to again and again.

Real estate bloggers should be less concerned with whether the same post already exists (it does) Top Agent Magazine

than with how they can be more informative and helpful than their competition. Your personality is likely the thing that your clients connect with, and your blog is another place where you can let it shine.

Pillar content refers to those evergreen posts that never get old because they are always timely.

Think about those questions that you’ve had to

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answer a hundred, if not thousands of times— that’s your pillar content. Wouldn’t it be nice if you could direct your clients to a blog post or, better yet, they discovered the answer on your website rather than you having to constantly repeat yourself?

Or maybe you helped a client sell their house for much more than they were expecting by conducting a series of small and inexpensive renovations. Tell your readers how you did it.

Evergreen Content

Your clients are likely new to the area. Inform them about upcoming community events or mom-and-pop shops they may have never heard of. Are there hiking trails or parks nearby?

What’s the best place to grab a cup of coffee before work or a beer after? You can spotlight these places regularly as a monthly series.

This should really make up the bulk of your content. The possibilities are endless, and you could easily come up with an entire year’s worth of content with only a few hours of brainstorming.

Here are some examples: You could provide your readers with a list of questions they should ask when interviewing a realtor, the steps to becoming a real estate investor, real estate facts all first-time homeowners should know, steps new parents should take to prepare their home for a baby, recommended vendors for home maintenance, or common real estate terms defined.

You could explain to your readers what they need to know about home staging, which home renovations add the most value to their home, how to research schools or crime rates in specific neighborhoods, what a home association is, or how to start flipping houses and buying foreclosures.

Case Studies Sometimes realtors work with a client for years before they are ready to buy a home. Personal finance blogs are a thing for a reason. People want to see exactly how someone else achieved a shared goal. If you have a close relationship with a client who you helped become a homeowner, consider interviewing this client and writing up a case study that shows exactly how the two of you worked together to achieve this goal.

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Stay Local

There are plenty of real estate news outlets that will be posting about the state of the market—but they won’t be talking about your specific community, and that’s where your blog comes in.

Of course, if you only blog about community functions or properties on the market, then as soon as that event is over or that listing is sold, your content ceases being useful.

The best real estate blogs balance their content by posting a little about all the above. Maintaining a high-quality blog means your prospective clients don’t need to visit several websites to have their questions answered because you’ve done the work for them. It’s a tool that helps you make a great first impression.

If you still need help coming up with blog topics for your real estate blog, consider sending a survey out to your clients. You can send it via email and post it on social media. Ask your clients what real estate problems they need help solving and write your content with their responses in mind.

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#Reaching the Millennial Market Through Social Media

by Bubba Mills

The old adage in marketing says if you aim at everyone you’ll miss them all. I know REALTORS® sometimes fall into the trap of attempting to reach everyone and then scratch their heads when they only hear crickets chirping. If you’re one of those (or even if you’re not), stick with me and I might be able to help you.

know how to reach them. For that part, I’ll share two words: social media. Many surveys have confirmed that social media is the Millennials’ dominant source of information, even above search engines. So the best way to build relationships and trust with Millennials is through social media.

The true beauty of social media is not only its reach but its implied advocacy. When Millennials find content they relate to, they share it with their The National Association of REAL- peers. So if one person shares your TORS® has found that Millennials message, it could instantly go to hunrepresent the largest share of recent dreds (or even thousands) of people buyers (32 percent of all buyers last with the inferred praise of the person year were Millennials). But here’s sharing it. the kicker: the overwhelming majority use real estate agents. Are If you’re not using social media, lights and bells going off in your again, check your pulse. Then start learning about social media and get head? If not, check your pulse. active on it. I promise it’ll be well So a great place to sharpen your worth your time. The big ones are marketing aim is with Millennials. Facebook, Twitter, Pinterest, Tumblr That’s half the equation—knowing and Instagram. You can Google each who to go after. The second half is to and get a feel for which ones make Let me start with one word: Millennials—those between the ages of 18 and 34.

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Many surveys have confirmed that social media is the Millennials’ dominant source of information. the most sense for you, but all of them have something to offer REALTORS®.

I’m proud of that because I know in this day and age anyone who sells anything must use social media.

Now I’m not one to toot my own horn, but for this topic I will only with the hope that you give what I say a little more weight. Last year, a national magazine named me to its 25 most connected professionals list.

So here are some tips you can start using to reach Millennials on their terms:

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1. First, take time to understand social media. Join them (they’re free!)

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Millennials under stand marketers and they’re open to their messages on social media—if the messages are relevant to their lives. Otherwise, they simply ignore it.

and just take it all in. See what it’s all about and what kind of information people share. Spend at least several days learning before you share info.

2. Make sure what you share fits the specific social media outlet. For example, Facebook and Twitter are primarily personal tidbits, news and they’re both fairly casual, while Instagram is geared almost exclusively for visuals and photos.

3. Make sure your information is relevant and useful to improve the chance it gets shared. Millennials understand marketers and they’re open to their messages on social media—if the messages are relevant to their lives. Otherwise, they simply ignore it.

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4. Make it interesting. Instead of saying, ‘Gee, I have this great listing.’ Why not just share a picture of a cool looking wrap-around front porch of a house (that just happens to be one of your listings) that was built in the 1940s.

Bubba Mills is co-owner and executive vice president of Corcoran Consulting and Coaching Inc. (www.corcorancoaching. com/programs, 800-957-8353), an international consulting and coaching company that specializes in performance coaching and the implementation of sound business systems into Real Estate Companies, Mortgage Companies and Small Businesses. Bubba Mills is a nationally recognized inspirational and education speaker, coach and mentor to the top real estate agents and mortgage companies. To find out more about Corcoran Consulting & Coaching, call 1800-957-8353 or visit us at www.Corcoran Coaching.com.

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JO-ANN REILLY How did Jo-Ann Reilly become one of the most trusted and beloved agents in Westchester County?

Raised in a family of builders, Jo-Ann grew up learning about real estate, building and renovation. Fifteen years ago, when her children were young, she launched her career as an agent.

She now leads a three-person team that includes herself, an assistant, and another agent serving Westchester County where she was born and raised.

An impressive 80 percent of her business comes from repeat and referral customers. What keeps her clients coming back and eager to spread the word about Jo-Ann to their friends and family? “It’s the one-on-one, handholding customer service that I provide,” Jo-Ann explains. “My clients know I’m honest. They trust me, know I’m detail oriented, and that I go to any lengths to make sure they get to the closing table.” Her clients rave that she responds immediately to their requests, and is always there for them. Jo-Ann stays in close touch with past clients once the transaction is over to ensure she can help them with any additional needs they may have.

Before becoming an agent, Jo-Ann was employed with a senior living company where she worked closely with seniors. She then started a senior downsizing business called Journey To Your Golden Years to help facilitate seniors transitioning to a smaller home or to a senior living community. “I provided a concierge service to help bridge the gap and connect seniors and their adult children to needed support and vendors,” she says. She’s now a Senior Real Estate Specialist (SRES) and uses the same skills and connections in the area to help her current and past real estate clients.

When it comes time to market listings, Jo-Ann’s expertise really shines. She uses all the resources available to her through Coldwell Banker, conducts a thorough marketing campaign on social media, lists the home on many real estate websites, and sends out both an email blast and a large mailing. The result is often a quick sale at a very competitive price. Jo-Ann’s listings are on market for an average of 90 days. She closes approximately 25 transactions per year with prices ranging from $500K to $1.2 million. She’s an expert at setting listing prices, with her list-to-sale price within two percent.

Jo-Ann is a Zillow Premier Agent with 48 Zillow reviews. She has won numerous awards including International President’s Circle-Top 5% 2018, International Diamond Society Award 2015 and 2017, International Sterling Society Award 2014 and 2016, Key Performer 2015, Top Listing Agent for Second Quarter 2015, Top Buyers Agent for Third Quarter 2015, and Consistent Top Producer. She also earned the Certified Resident Specialist (CRS), which is one of the highest designations, held by less than 3% of agents nationwide. She achieved this honor by having a proven track record of successful sales and transactions.

What’s Jo-Ann’s favorite part of the job? “I’m passionate about helping people,” she says. “I always put myself in someone else’s shoes to know what they are going through. I’ve been told by my clients that I should have been a therapist because I always listen to them.” To give back to the community, Jo-Ann participates in local fairs and donation drives for the ASPCA and other charities. In her cherished free time, she likes to go on walks, travel, and spend time with family. For the future, she plans to continue growing her business, maintaining her expertise on the changing market, and providing excellent boutique service to her clients!

To find out more about Jo-Ann Reilly, email joannreillyrealtor@aol.com or call (914) 582-6467 Top Agent Magazine

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Things You Can Do to Anticipate Your Cleint’s Needs First and foremost, the real estate industry is a customer service business. The key to any successful real estate business is one that can build a reputation by providing an unsurpassed level of care. That usually means a transaction that is seamless and stress-free as possible throughout the whole process. Your client’s experience is what keeps them not only coming back, but gets them to recommend you to their friend and family.

tise. By showing you can not only anticipate their needs, but have insight into any potential problems that might arise, they will have complete confidence in you. Achieving that level of trust is the key to a transaction that is as stress-free as possible.

The key to creating a great experience is anticipating your client’s needs. They are relying on your professionalism and exper-

From the moment, you meet a po-tential client, your goal should be to find out not only what they are looking for as far as their real estate

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GET TO KNOW YOUR CLIENTS ON A PERSONAL LEVEL

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goals, but who they are as a person. Listening and asking the right questions from the start is one of the most important aspects of the job.

You almost have to become an amateur psychologist, really honing in on the emotional reasons behind their real estate transaction.

Taking time upfront not only gives you valuable insight into your client, but it is the first impression your clients have that you truly care about them, and that this isn’t just another commission check for you. This goes miles in helping them feel comfortable enough to rely on your guidance.

Knowing who your client is on a deep level will help you navigate the transition ups and downs, allowing you to anticipate the best way to handle it.

SPOT POTENTIAL PROBLEMS AND PROVIDE SOLUTIONS Having insight into your client’s per-sonality type will come in handy when you anticipate an upcoming snag in the transaction. Most people find the process to be stressful even under the best of circumstances. One of the best rules of thumb is to always provide the solutions to anticipated problems when you present them to the client.

This should be the case even when the problem isn’t on you. Anything that can ruin a client’s overall experience can reflect poorly on you, whether you deserve it or not. This is a business philosophy called “zero risk”. You don’t want to take any chances with having an unsatisfied customer.

This is where your experience in the business pays off. You’ve probably seen most things and can easily anticipate problems that are Top Agent Magazine

likely to delay the process. Remember you are in charge. You are the expert. And, remember, part of avoiding potential problems is making sure your client knows what to expect upfront, always communicate openly and honestly.

Telling people what they want to hear and knowing you can’t deliver it, is destined to fail, and will always reflect poorly on you.

FIND WAYS TO EXCEED EXPECTATIONS Recognizing ways to exceed a cus-tomer’s needs is just as important as looking out for potential problems, when it comes to creating an exceptional experience. Have a vetted list of trusted service providers. Be hands on.

There are Realtors® who are out there helping clients pack, mowing lawns, and picking kids up from school. They are there for a client in ways that are unexpected. Having one thing taken off your plate during a stressful period in your life can feel like a lifesaver and is not soon forgotten. It is those “little” things that will turn a client into a lifelong advocate for your business.

TAKE IN FEEDBACK A good service provider is always trying to do better. Many Realtors® have clients fill out surveys after the transaction is over. This serves two purposes. It helps you become better at your job and it shows your clients that you care about them and their opinions. You can also use social media to get feedback via analytics and interactions. All of this information can then be used to create better customer experiences in the future. After all, this is a customer service industry. Treat it like one and you’re bound to succeed.

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