June 17, 2006
By Larry Underhill
A HIGHWAY PATROLMAN pulls over a motorist and asks, “May I see your real estate license, please?”
“Don’t you mean to ask for my driver’s license?” the motorist replies.
“Well, ma’am, not everyone in California HAS a driver’s license.”
MILESTONE: I heard California Real Estate Commissioner Jeff Davi speak at last week’s California Association of Realtors meetings in Sacramento. He reported that for the first time in history, the number of real estate licensees in the state has topped the half-million mark. Actually, it’s over 501,000. This means that one out of every fifty-two adult Californians has a real estate license! Scary. The only group that surpasses this is trial lawyers: One out of every THIRTY-FOUR California adults is a trial lawyer, if I have my facts right. Surprised? No?
ANOTHER FACT that bears repeating: Although over 501,000 Californians have obtained a license to practice real estate in this state, only a little more than 260,000 have made the commitment to become Realtors. The Realtor designation means that a licensee is a member in good standing of the National Association of Realtors (AND the California Association of Realtors AND their local Association). Licensees with the Realtor designation are bound by the Realtor Code of Ethics. They’re generally better-equipped to practice this ever-changing profession. For most folks, a real estate transaction is the biggest financial transaction of their life. Entrust your transaction to a Realtor. Me, f’rinstance!
JUST LISTED! These folks are headed to Idaho! (I seem to be helping an awful lot of people LEAVE this fair state. I wonder why. Could it be all those trial lawyers?) 688 Cardoso Court is a very sharp home in a great Galt location! Tucked away in a cul-de-sac, this 3-bedrrom 2-bath home says “comfort” from the moment you pull up in front. Tasteful landscaping front and back! Oversized lot! THREE-car garage with a special feature: DRIVE THROUGH the rear garage door to a spacious concrete slab! Perfect for the boat- or hot rod-lover. Laundry Room! Great Room with fireplace and vaulted ceilings! There’s more. Come see for yourself! Call me for a private showing. At $389,950, I think this home will SELL quickly.
ANOTHER SOBERING STAT: Historically, the number of real estate licensees continues to climb for around two years after the real estate market takes a downturn (as it has). Then new licensees begin to fall away (The average time “in the business” for new licensees is about eighteen months). After new licensees have done all the “DNA transactions” they can do (Mama and Papa, Sistah, Bruddah, Uncle), about 80 percent leave the biz. The other 20 percent stick with it and make it a career. Interesting how that happens. Making it in the real estate profession is a lot like real work! Somebody said that this profession is the highest paid HARD work and the lowest paid EASY work you can get. You get out of it what you put into it…and it takes time to build a successful business.
ANOTHER NEW LISTING! 2818 Battleview Place (Near Stanfield off of Thornton Road in the Beck subdivision) is priced right at $369,950 for just under 1700 square feet. Three bedrooms, two baths, Laundry Room, Living Room, Family Room with wet bar, newer carpet and lino, five-year-old comp roof, new dishwasher, and more! Call me for a private viewing.
LAST NOT LEAST DEPT…I am SO excited about my listing at 1818 Mimosa Drive in the desirable Whispering Oaks neighborhood. This charming two-story home was a good deal at $449,500. Now, at $439,500, it’s unbeatable! Near-new 50-year comp roof! Custom shutters! Alarm system! Refrigerator and water softener included, too. Two stories of comfort! Call me to see this fine home.
MORE GREAT LISTINGS ON THE WAY! Have a great week. See you next Sat!
Statesman Realty Lodi, CA
(209)333-2380
1-800-407-SOLD(7653)
Email: Larry@LarryUnderhill.com
posted by Larry Underhill at 13:42
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