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Stratham, NH
York, ME
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November 22, 2010

Transfer Tax on Property at Foreclosure Auction

- (10:49 am)

Be aware when purchasing a property at foreclosure auction, most foreclosure contracts obligate a buyer to pay the entire transfer tax, contrary to the customary practice of a buyer paying only half the total amount due. In New Hampshire, for instance, the buyer of a property at foreclosure auction would pay the full $15.00 per thousand of the purchase price and in Maine, $4.40 per thousand.

Should you have any questions regarding this or any title matter contact your experts at Signature Escrow & Title Services at 603-431-8100.


October 19, 2010

*** Lynda Cadieux Ferland of KW Winner of Signature Harvest Tote

- (12:49 pm)

Congratulations to Lynda Cadieux Ferland of Keller Williams Coastal Realty! Lynda has won a Signature Harvest Tote (valued over $100) including a gift certificate to the Galley Hatch, Dunkin’ Donuts, a gas card and much more. Thank you Lynda for being an active participant on our blog!


September 14, 2010

Recovering When You Are Down

- (8:49 am)

Let’s talk about RECOVERY. For the Red Sox fans out there, let’s imagine a time when you watched the Red Sox game and they were down. WAY down. So far down that you didn’t think there was a way they could recover so you decided to throw in the towel and go to bed. Then, the next day at work, you went in like any other day only to find out that you missed one heck of a comeback and the Red Sox won the game. How did they recover when their pitching efforts seemed to go south? They had a skill set, control and planning and got back into the game before the loss was too great.

That same ability to perform a RECOVERY is just as important in sales.

It would be naive to think we were capable of hitting our production goals every time. What goes up eventually does comes down. A true sales person knows how to stop the spiral, they know how to get back in the game and they know that consistency in their sales approach creates a winning season of production.

What steps should you take when your pitches aren’t landing in the strike zone and you feel a loss of sales momentum?

* Pull your calendar for the last three months and analyze the number of appointments you set. Most often you will see a decline in the number of appointments (which are opportunities to sell). This happens little by little until you find yourself reacting to the change in your momentum rather than being proactive.

* Go back to the basics of setting and reaching high daily activity numbers. Regardless of being busy or slow; make sure you are contacting a high number of prospects every single day. The more contact you make, the more appointments you will set.

* Connect the dots keeping in mind the Kevin Bacon Six Degrees of Separation theory: all individuals can be linked to one another based on the concept of the small world phenomenon. Almost everyone in your path knows someone who will buy or sell real estate in your lifetime. Don’t put yourself on the bench by leaving an interaction without asking; “Can you think of anyone who might have an interest in buying or selling real estate? Carry your prospect target list with you everywhere and show it to your customers. Ask everyone if they are familiar with anyone on the list. This can create a warm call rather than a cold call.

* Go to your favorite local book store and buy a sales book. Grow your skill and quiet your mind by learning from the successes of other successful people.

* Pitching is physically demanding, especially if the pitcher is throwing with maximum effort. Sales can be an equally draining experience. When you feel like your sales are off, go do something you are good at doing. It could be sports, music, art, etc. Once you lose your confidence, it takes longer to recover. This exercise will help you regain and balance your confidence and get you back into the game

Develop your RECOVERY plan and make it a part of your sales strategy. The better you pitch the better you sell.


September 7, 2010

Who’s going to the NHAR Convention?

- (3:47 pm)

Monique Shevlin, Co-Owner of Signature, will be attending the 2010 NHAR Convention. It will be held October 17-20 at the Omni Mount Washington Hotel and Resort in Bretton Woods, NH. Who else will be attending? Please comment on our blog to let us know who she can expect to see there.


July 20, 2010

Cities & Towns to Charge Fee for Tax Information

- (12:33 pm)

Signature is keeping watch for what could be a growing trend in cities and towns charging a fee to provide tax status information on a property. For example, effective July 1, 2010 the City of Portland will charge a $25 fee to provide tax and municipal services status information on a property. These fees would become seller charges as the information is necessary to provide clear title to the buyer. We will keep you abreast of updates on these trends as they become more relevant to our geographic market area (Rockingham, Strafford and York Counties). Should you have any questions, please contact your Signature Representative.


June 3, 2010

Signature Sponsors 1031 Credit Course for Realtors

- (1:25 pm)

Signature Escrow & Title Services, LLC sponsored a 1031 Credit Course for Real Estate Professionals on June 2nd at Kittery Estates. There was very high demand for the course and registration was full within 24 hours! Thank you to our presenter, John Hamrick of Edmund & Wheeler, Inc. QI and to our attendees for making this a successful event.

If you are interested in attending a similar credit course in the future, please contact us to be added to our mailing list.


April 12, 2010

Revised Maine Buyer Certification Regarding Smoke and Carbon Monoxide

- (12:08 pm)

Effective March 25, 2010.

As you may recall, last fall a new law, Chapter 162 – An Act to Protect Maine Residents from Home Fires and Carbon Monoxide, created new requirements relating to the installation of smoke and carbon monoxide detectors in all single-family and multifamily dwellings, multiapartment buildings and rental units. It also created a new buyer certification form to be signed at real estate closings.

The Maine Legislature recently amended this law by enacting Chapter 551 -Act to Amend the Law Pertaining to Smoke Detectors and Carbon Monoxide Detectors. This amendment revises the requirements for installation of smoke and carbon monoxide detectors and will, therefore, result in a new buyer certification form. Changes to the new law of particular interest to closing agents include the following:

  • Buyer must now certify that buyer will properly install operational smoke detectors and carbon monoxide detectors, if they are not already present, within 30 days of acquisition or occupancy of the building, whichever comes later.
  • A person has no claim for relief against a closing agent or lender for any damages resulting from the operation, maintenance or effectiveness of a smoke detector or carbon monoxide detector.

Download NEW Certification Form


April 7, 2010

Signature and Sovereign Sponsor Free Realtor Elective Class

- (2:15 pm)

Signature Escrow & Title Services along with Tiffany Liebsch and Ann Steffiare of Sovereign Bank will be sponsoring a Free Realtor Elective Class for NH and ME credits.

When: April 13, 2010

Where: Holiday Inn, 300 Woodbury Ave., Portsmouth, NH

Time: Registration at 8:30am, Class from 9-12.

Topic: “Code of Ethics” by Kathy Roosa

To register or for more information, please contact us.


February 17, 2010

Mind Over Market – Goal Setting

- (12:30 pm)

Each of us is in control of our intentions, efforts, direction and execution. Each of us is in control of setting our individual goals and reaching them. Are your goals vague and comprised of statements like, “I want to sell more”, “I am going to do better”, and “I am going to prospect more”? If so, then please give some thought to the examples.

Question: What percentage of marathon runners start and finish the 26.2 mile New York Marathon?

Answer: 95%.

Delta Force, the US Elite Combat Group, recruits go through rigorous training. One of their  measurements of whether they are accepted is whether can “run until you can’t run any longer”. Of the strongest men and women alive, only 2% are still running when told to stop. 

Question: How far do you think the 2% remaining runners ran before they were told to stop? 

Answer:  Less than 26 miles. 98% stopped running well before the marathon distance.

These examples demonstrate that when there are clear cut goals, 95% completed the task, when there are vague goals 2% completed the task.

Knowing and implementing daily activities numbers is the main difference between a moderate sales person and a professional sales person.  Knowing how many calls it takes to get an appointment and how many appointments it takes to close a sale is how a professional sales person drives sales and uncovers the average “sales cycle”. Without this information it is impossible to set goals, forecast revenue or run a successful sales operation.

Try these daily activity goals for 60 days, adjust the numbers if necessary; I promise that your focus will NOT be on what is happening in the market, it will be on how you will manage all your new business. You will finally break the code that will lead you to your sales cycle. Never again will you have to wonder what it will take to close a sale.

Daily Activity Tasks:
• Call 20 new prospects
• Call 10 past customers
• Follow up on 20% of your missed opportunities
• Set at least 2 appointments
• Send out 50 email marketing pieces
• Touch base with 20% of your current listings
• Spend 1 hour doing research (market, listings,
demographics, industry etc)
• Invest at least 1 hour a week reading sales books or articles and for at least 2 hours a week spend some quality time in the path of people as you hand out your business cards


January 14, 2010

New Changes to Settlement Statements

- (2:56 pm)

Did you know…

The New HUD Rule and RESPA Reform was effective January 1, 2010. Closing Officers at Signature are available to share and discuss the changes to the Settlement Statement so that you may be better prepared to review it with your clients.

Click HERE to view a new HUD

Contact us to inquire about training for you and your staff


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