Archive for Relocation


Fun at the Dutchess County Fair

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Last year I vowed I would get to the Dutchess County Fair to see what it was all about. To be truthful, I was mostly interested in having funnel cake. I picked up my niece and nephews, stopped at an ATM machine and we headed north to Rhinebeck, NY. It was everything I expected from a State fair – rides, food, games, animals, a parade, music and more!

parade 300x225 Fun at the Dutchess County Fair

The parade - lots of animals!

Though my wallet was drained (twice since I had to find an ATM on the fairgrounds as well) it was worth it. The kids and I had a great time. They played the carnival games, rode all the rides, visited the wildlife exhibit, ate funnel cake and burgers, drank fresh lemonade and milkshakes, and had their caricatures done. They even got to see Senator Charles Schumer, who walked right by us, shaking hands and kissing babies. We got a great picture of his back as he turned away from us a little too fast. Oh well.

schumer 300x225 Fun at the Dutchess County Fair

My shot of Chuck Schumers back (white shirt)!

When I told my husband I was taking them again this year, he asked if I needed to take out a loan for it. Yes – it’s not an inexpensive day but it’s a fun one just the same. To me, worth every penny! I often recommend attending the fair to families that are considering relocating to the area and are in town touring or house hunting during the week of the fair. It’s a wonderful way to experience Dutchess County. This year the fair runs from August 24th to the 29th. Will you be there?

Tax Credit Closing Date Extension Approved

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Tags: ,      Categories: Buying, Credit, Mortgage, Relocation

capital dome 150x150 Tax Credit Closing Date Extension ApprovedThere has been much confusion and misinformation lately regarding the extension of the Homebuyer Tax Credit closing deadline.

On Tuesday, the United States House of Representatives passed  HR 5623, the Homebuyer Assistance and Improvement Act of 2010, by a vote of 409-5.  But the bill still needed to pass the Senate, and it didn’t seem like such a sure thing.

Well, now it’s official.  Last night, on the eve of the deadline, Congress passed the extension of the Homebuyer Tax Credit closing deadline. The bill is now awaiting signature by President Obama. It’s important to note that the extension applies ONLY to transactions that had ratified contracts in place as of April 30, 2010 and have not yet closed.  This legislation is designed to create a seamless extension with the new closing deadline for eligible transactions now being September 30, 2010.  There will be no gap between June 30th and the date the President signs the bill into law.

The National Association of Realtors worked closely with Congressional leaders on both sides of the aisle to enact this legislation. They believe extending the Tax Credit Closing deadline will help provide additional stability to real estate markets across the Country. This extension will likely benefit thousands of homebuyers who, for whatever reasons, were unable to close by the initial deadline of June 30th.

For additional information on the extension visit www.realtor.org/government_affairs

Global Industry Leaders Recognized

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WWERCMember logo e1277923315162 Global Industry Leaders RecognizedWorldwide ERC®, the association for workforce mobility, recently announced that 118 industry leaders had earned their newly launched designation,  Senior Global Mobility Specialist (SGMS). We are pleased that Houlihan Lawrence’s own Elizabeth Nunan, Vice President of Global Business Development, is among the first class of designees.

 The GMS designation program, first introduced in 2003,  educates individuals who work with mobile employees in the U.S. and around the world. Worldwide ERC CEO Peggy Smith, SCRP, SGMS, notes that “The GMS and SGMS certification serves to both educate professionals and recognize global workforce mobility competency. The subject matter covers fundamentals and strategies that build knowledge for professionals in any country, and addresses the intercultural challenges of conducting global business. The learning imparted through the GMS™ program resonates strongly with those who take the training and earn the designation.”

To date, over 2,500 GMS designations have been awarded in 51 countries to individuals intent on expanding their workforce mobility proficiency. All new SGMS designees are listed on Worldwide ERC’s website. Congratulations to Liz Nunan and the other members of the first class of SGMS’s on your dedication and achievements within the global workforce community.

Spending Time with the Best in Relocation

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I just returned from attending the Spring RDC (Relocation Directors Council) meeting where 110 relocation directors from around the Country met at the Walt Disney World Dolphin Resort for two days. RDC is an exclusive organization whose members are selected for experience, industry involvement, and a commitment to client satisfaction with the highest degree of professionalism.

The theme of the meeting was the three NEW R’s: Re-bound, Re-build, Re-position. How apropos! The relocation industry endured the same crushing blows as the real estate industry over the last 2 years. Now it’s time to re-bound, re-build and re-position. As an aside, we at Houlihan Lawrence have seen a definite increase in our relocation business. Companies are feeling more confident in the economy and are once again investing in employee mobility.

The meeting consisted of two great panel discussions. The first was titled “New Relocation Business Models” and included highly regarded speakers from Leading Real Estate Companies of the World, SIRVA Relocation, and Home Depot. It was a lively discussion that covered everything from testing new appraisal policies to the very controversial move of some companies to refer directly to a sales associate rather than go through a relocation division. That last point caused quite a stir in the room.

DSC01305 300x193 Spending Time with the Best in Relocation

L to R: John D'Ambrogio - Baird & Warner, Pam O'Connor - Leading RE, Tracey Gatlin - SIRVA, Jan Ferguson LeQuier - Home Depot

The second panel was titled “REO’s and Their Effect on the Market”. There was a lot of great information shared about the effects of REO’s on relocation sales as well as in-depth talk about short sales in the relocation process. Sounds like a yawner, but we’re seeing this in many markets around the Country.

Our group was also treated to a quick hello from Peggy Smith, formerly of Microsoft and now CEO of Worldwide ERC®, as well as a presentation by Chris Collie, former CEO of Worldwide ERC®. It is a real treat to know how highly regarded RDC is by the team at WERC. They’ve supported our organization for years and promised to continue.

Even with all the great speakers and information shared, I still find the networking to be most beneficial. An RDC meeting allows me to be face to face with my counterparts from around the Country that share information, and most importantly referrals, throughout the year. I love the opportunity to meet in person and say thank you to all the relocation directors that entrust us with their valuable client referrals, and thank them for handling our client referrals with such care and attention to detail. Members of RDC are simply the best of the best and I’m honored to be a member for over 10 years.

Realtor News from Washington DC

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capital 150x150 Realtor News from Washington DCHaving just returned from attending the National Association of Realtors® (NAR) Mid-Year meetings in Washington DC., I wanted to share some of the highlights of the meetings with you. There were over 8,000 Realtors® that descended upon our Nation’s Capital throughout the week.

I arrived Thursday morning and attended the Large Firm Directors meeting right after lunch. As an aside, did you know that if a waiter breaks an entire glass of water on you and covers you with shards of glass and water, you’ll likely get a free lunch? So yes, I made it to the meeting, albeit a little soggy. While the economic updates are always interesting, the presentation by Dale Ross on RPR (Realtors Property Resource) was pretty fascinating. RPR will serve as an online real estate archive that will provide Realtors® with data on every property and land parcel in the U.S. According to Ross, though RPR is currently being tested in about 12 markets around the Country, a full roll-out may take up to five years.

realtor u Realtor News from Washington DCSaturday morning I attended the NAR Board of Director’s meeting. The most interesting new initiative presented there was Realtor® University. It’s the association’s answer for raising the bar in our industry. If you are on Twitter, you know that there has been a lot of discussion on this topic in the last 6 months. Realtor® University will be a fully accredited institution that will grant degrees in our field, though accreditation may take 2-3 years. The curriculum will be online, and in addition to master’s degrees, Realtor University will eventually offer internship and job-placement programs. The premise all sounds great, so I guess we’ll see what NAR does with it. I just hope the classes will be more challenging than some of the online license renewal classes I’ve taken over the years. That will be the only way this will truly raise the bar in our profession.

All in all it was a great couple of days – packed with informative meetings and networking with great people. Now I’m looking forward to implementing new ideas in the Westchester, Putnam and Dutchess real estate marketplace.

Houlihan Lawrence Gets Social

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Everywhere you go these days, you hear about Facebook, Twitter, YouTube and all sorts of other social media. Of the many social networking websites, these seem to be the most popular, at least for now. They have become important business tools for real estate firms and professionals and Houlihan Lawrence was an early adopter.

Houlihan Lawrence started using social media in early 2009. We created a company blog, a Facebook Fan Page, a Twitter account and an agent blog site . Additionally, our home tours are on YouTube. It seems like every day we’re finding ways to use social media as well as new places to post real estate news and real estate market statistics.

Real estate has always been a relationship business and social networking is a perfect way to extend and enhance those relationships. Social networking is now a part of our comprehensive marketing strategy, “Reaching every buyer, everywhere”.

One could almost get entirely lost in the social media bubble but let’s not forget the most important part of social media – being social. It’s great to make connections online, but it’s even better to meet someone IRL – In Real Life.

Until we meet, feel free to follow us on twitter and friend us on facebook. You’ll get up to date market statistics, great area information and tips about buying and selling your home. If there is specific information we can help you with just send us a tweet or pose a question on our facebook page.

Sharing the Secrets to Success

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Leading the Revolution

Fresh from attending the annual Leading Real Estate Companies of the World Conference in Las Vegas, I feel a renewed sense of excitement and purpose. This was by far the most content rich conference I’ve attended in several years. I went out early to attend the pre-conference MarTech symposium. The sessions were chock full of great information on social media, the latest technologies and real life examples of innovative real estate brokerages like Long Realty of Tucson, AZ. Next up was the main conference ‘Leading the Revolution’. Three impressive speakers kicked off the event: David Stevens, FHA Commissioner, Ron Peltier, Chairman and CEO of Home Services of America, and Guy Kawasaki, a venture capitalist formerly of Apple computer fame. One word sums it up – WOW! The conference continued with outside speakers and members sharing their secrets to success. I participated in a panel  on agent blogging along with Peter Rabitz of Wetag Consulting in Locarno, Switzerland and Sherrie Porter of EWM Realtors in Southern Florida.

Awards Ceremony Winners

The conference ended with two upbeat awards ceremonies. Houlihan Lawrence received the Million Dollar Club Award, having the most closed outgoing referrals with a sales price of $1 million and higher in the entire global network.  We also were rewarded for the Top Propopoly agent blog site. Several of our agent bloggers had success stories from their blogging efforts on Westchester real estate topics in 2009. That’s what clinched the award for us.

Conference2010  639 300x198 Sharing the Secrets to Success

Liz Nunan, Pam O'Connor, Chris Meyers

Finally, we had a special treat of seeing the Beatles LOVE Show by Cirque du Soliel. Since 2009 was such a challenging year for the real estate industry, it was motivating to see that innovation and entrepreneurship did not wane. All in all it was a fabulous week of top-notch educational sessions, networking with great real estate industry friends, and lots of fun. I can’t wait to implement the many new things I learned!

Amanda’s Law – Install Carbon Monoxide Detectors

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Amanda’s Law goes into effect today, Monday, February 22, 2010. This New York State law requires carbon monoxide detectors/alarms to be installed in all new and existing one and two family homes, multifamily homes and rentals with fuel burning appliances, systems or attached garages.

Carbon monoxide can’t be detected by sight or smell as it is a highly toxic gas that is colorless, odorless and tasteless. This new law is named after Amanda Hansen, a Buffalo, NY teenager who died from carbon monoxide poisoning in January 2009.  A carbon monoxide detector could have saved her life.  These detectors should be installed near bedrooms, common gathering areas and close to any appliances that could produce the toxin.

Make sure your home is in compliance – install carbon monoxide detectors today.

Diary of a Downsizer, Part 1

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Categories: Buying, Downsizing, Houlihan Lawrence News, Relocation, Uncategorized, Westchester

Judis House1 150x150 Diary of a Downsizer, Part 1To downsize, or not to downsize?  That is the question many homeowners face as grown children leave the nest. Their home, not mention it’s maintenance, taxes and size, become more than they need.

Downsizing generally means moving from a larger to a smaller home. A homeowners reason for downsizing may be varied – shrinking family (the kids are grown and house is too big); economical (the mortgage is too big);  practical (too much time spent on maintenance);  desire for new lifestyle (suburban to urban). Regardless of your motives, the decision is never simple.

Houlihan Lawrence’s Larchmont Branch Manager, Judi Smith, made the decision to downsize recently when her last child went off to college. “The economics of downsizing eases the burden of financial responsibilities like continuing college and post-graduate education, helping children get settled in apartments, and hopefully weddings down the road. These eventualities have to be planned for.” 

Beyond the practical issues, many downsizers look forward to a new exciting chapter in their life. Judi has “spent the better part of our adult lives taking care of houses in the suburbs and would now like to make more interesting use of our time.”

Is downsizing in your future? Stay tuned for future posts about Judi’s downsizing experiences.

If You’re Happy and You Know it Clap Your Hands!

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New research by the UK’s University of Warwick and Hamilton College in the US has used the happiness levels of a million individual US citizens to discover which are the best and worst states in which to live. New York came in dead last and I demand a recount!

Surely, they didn’t interview anyone who resides in Westchester, Putnam or Dutchess counties of New York? What do we have to be unhappy about? OK – so our property taxes are a bit high in some areas, but look at everything we’ve got:

  • Close proximity to NYC – you can jump on a train and be at a Broadway show in 30 minutes to an hour, depending where you live.
  • Activities galore: golfing, biking, hiking, fishing, boating, swimming, skiing, horseback riding – are you getting the point?
  • Shopping – we have some of the greatest shopping in our area – no need to go to the city to shop!
  • Beautiful landscape – we are surrounded by beauty from Long Island Sound to the majestic Hudson river to the mountains up North and all the lakes and reservoirs in between. We have 4 beautiful seasons each year.
  • Restaurants – any type of cuisine you could possibly crave is right here – again, no need to go to the city!
  • Public Schools that have made the Top 100 list of America’s Best High Schools.
  • The New York Yankees – OK – so you either love them or you hate them but since they’re champs this year, what’s not to love?

So, let me hear some hand clapping because clearly there are a lot of reasons to be happy about where we live. What do you love most about where you live?