EXIT Kingdom Realty's Blog
4 Reasons Our Agents Love Being PaperlessEver since we implemented web-based software for real estate transaction management at Exit Kingdom Realty, our agents have been able to do things that weren’t possible with a paper-filled office. Going paperless wasn’t easy at first, but it sure was worth the effort. And now our agents can’t imagine working at an office without an online solution to transaction management.Here are a few things our agents like about our paperless office:Access To Documents AnywhereEvery agent has shown up to a closing without an important document, slowing things down while they drive back to the office or wait for an incoming fax. But with online access to all their transaction documents, our agents (and their clients) can show up to closing with a laptop and be confident they have all the documents they need.Less Time Spent On OrganizationManaging stacks of papers is hard work! Thankfully, our agents can sign into our paperless system and search for a file by address, MLS ID, and more. Once they find a transaction, they can add documents, make notes, and send important paperwork to clients. Agents love that they don’t have to spend hours sorting and filing. And their clients love how seemingly organized they are!Fewer Lost DocumentsDocuments can be submitted to our paperless system by emailing, scanning, or direct upload. Our agents can add documents from a clients’ house or anywhere else they might find t
Friday's Headlines
December 23, 2011
NY Times
New York, Home to the ArtsThis thoughtful article about the deaths of two iconic New Yorkers and the dynamic arts spaces they created — Olga Bloom of Bargemusic and Anthony Amato of the Amato Opera — suggests that New York City no longer generates stable homes for cultural organizations.
Daily News
Harlem Target store strives to be a good neighborAt 8:30 in the morning at the 174,000-square-foot Target on 117th St. east of First Ave. in Harlem, a group of employees do jumping jacks during that day’s warmup called the “huddle.”
NY Post
An interest rate is the cost of borrowing money. A borrower pays interest for the ability to spend money now, rather than wait until he's saved the same amount. Interest rates are expressed as an annual percentage of the total amount borrowed, also known as the principle. For example, if you borrow $100 at an annual interest rate of five percent, at the end of the year you'll owe $105.
Interest rates aren't just random punishments for borrowing money. The interest a lender receives is his compensation for taking a risk. With every loan, there's a risk that the borrower won't be able to pay it back. The higher the risk that the borrower will default (fail to repay the loan) is, the higher the interest rate. That's why maintaining a good credit score will help lower the interest rates offered to you by lenders.
The nice thing is that interest rates work both ways. Banks, governments and other large financial institutions need cash, too, and they're willing to pay for it. If you put money into a savings account at a bank, the bank will pay you interest for the temporary use of that money. Governments sell bonds and other securities for the same reason. In this case, you're the lender, and the interest rate is your compensation for temporarily giving up the ability to spend your cash. Unfortunately, savings accounts and government-issued bonds pay relatively low interest rates because the risk of defaulting is close to zero.
A borrower's credit score is
"Whatever good things we build end up building us."JIM ROHN
EXIT Realty Corp. International is proud to announce the dedication of its most recent corporately sponsored home build. The ceremony is scheduled for 12:00pm on November 18th in Salt Lake City, UT.
“It is such a privilege for EXIT Regional Owners, EXIT Agents, Broker Owners and Head Office Staff to align ourselves with an organization like Habitat for Humanity that offers a hand up not a hand out,” says EXIT Realty's liaison with Habitat, Christine Ireborg. "It's what our company stands for in so many ways."
Friday's Headlines
October 14, 2011
NY Times
Facing Eviction, Protesters Begin Park CleanupUpdated, 9:21 p.m.| Young people in knit hats and jeans scurried around Thursday wielding brooms and trash bags, moving mountains of sleeping bags, backpacks and jackets out of the way.
The Mayor Stands Firm Against the Lobbying of Puppy-Dog EyesThey curl up on the fringes of New York City royalty, positioned to eavesdrop on conversations no one else can hear, but unlikely to pass along the details. They come from a well-worn class of political companion, intended to generate sympathy for even the surliest of leaders, but have failed to persuade the city’s first man to accept them as his best friends. They stand, and sit, as symbols of compromise in the private life of an uncompromising mayor.
Privately Owned Park, Open to the Public, May Make Its Own RulesZuccotti Park, the half-acre plaza in Lower Manhattan now synonymous with Occupy Wall Stree
It's continually amazing to me how clients of ALL ages are completely oblivious of their credit report and scores. Some have negative credit factors that should have been erased years ago, others are unaware they have been victims of identity theft, then there are those with recent negative credit information that could have been resolved and erased if they knew the proper steps. A poor credit report impacts your ability to obtain credit, obtain insurance, rent an apartment or get a job. If you wait until you begin working with a realtor to correct your credit issues, that dream home or apartment may be slip through your fingers.
Please note that if the following steps seem overwhelming, there are credit experts who can assist with your credit problems, innacuracies and low score. Contact me for a referral to such an expert.
Steps to take:
1. Get your free credit report. All consumers are allowed one free credit report every year from each of the three credit-reporting bureaus, Equifax, Experian and TransUnion, Go to AnnualCreditReport.com to request the free annual reports from each bureau. You can either request all three reports at once or spread them out over different times of the year.
2. Check for errors and omissions. Review your credit report for errors, . So it's very imp
Thursday's Headlines
October 6, 2011
NY Times
Details of Home Sale Emerge in Consultant’s Trial for TheftIt was December 2008 when John F. Haggerty Jr. agreed to buy out his brother’s stake in their dead father’s home in Queens.
Freddie and Fannie Reject Debt ReliefHome values have fallen so much in Arizona that almost half the people with mortgages there owe more than their homes are worth. So when federal money became available to help stem the tide of foreclosures, the state flagged that group for help.
Land Deal Is Announced to Allow New U.N. Tower and EsplanadeCity and state officials on Wednesday agreed to a $73 million plan that would unlock an underutilized chunk of the Manhattan waterfront between East 38th and East 60th Streets, paving the way for a new United Nations office tower and esplanade along the East River.
