http://www.amerispec.net/homebuyer/images/uploads/2008%20E-newsletter%20Header.gif
http://www.amerispec.net/professional/images/uploads/red_pixel.gif

November 2008 - Happy Thanksgiving!

Protect Your Reputation - It's as Valuable as Your Career

Your reputation is not only built on how you behave; other factors have just as much influence...(More)


Don't Wait to Plan for Retirement

Planning for retirement can be harder for real estate professionals than most people. Sometimes you’re self-employed. Often your income can change dramatically from year to year. However, these variances make it even more important to start planning now...(More)


Transform Your Slow Time into Grow Time

For many realtors the holiday months bring a downturn in sales, but slow times can also be an opportunity to recharge in more ways than one...(More)

Use Your Fireplace Wisely

A crackling fire adds atmosphere and warmth to a room. However, light the fire incorrectly and you could wind up with a smoky mess. The better you understand your fireplace and fire building, the more enjoyment you’re sure to have...(More)

DID YOU KNOW?

Most real estate professionals are encouraging home buyers to invest in a professional home inspection before purchasing a property. Many agents are even suggesting pre-listing inspections to sellers.

 

For more information please visit www.amerispec.com

 

 

http://www.amerispec.net/professional/images/uploads/TruGreen1.GIF

http://www.amerispec.net/professional/images/uploads/ServiceMASTER%20Clean.gif
http://www.amerispec.net/professional/images/uploads/Furniture%20Medic.gif

http://www.amerispec.net/professional/images/uploads/Merry%20Maids.GIF

http://www.amerispec.net/professional/images/uploads/American%20Home%20Shield.GIF

http://www.amerispec.net/professional/images/uploads/Terminix.gif

http://www.amerispec.net/professional/images/uploads/red_pixel.gif

Protect Your Reputation - It's as Valuable as Your Career

Of course, you know protecting your reputation is important. Not only does your personal integrity and behavior make or break your career, the people you do business with can also make a major impact.

Every time you recommend a mortgage company, a home inspector, or even a cleaning service, you are making a recommendation that influences your reputation by association. The business values of these companies and individuals should reflect your own.

How you work with clients, of course, has a major impact on your reputation. Until you establish a strong relationship with a client, he or she is likely to be a bit suspicious. The more forthcoming you are with information, the quicker you’ll build the trust that enhances your reputation.

On average, a person who is unhappy with treatment or service will share their unhappiness with seven other people. However, people are far less likely to talk about a positive experience. Only a few slip ups could seriously damage a career.

Based on your protection of your good reputation, the Ethical Index study created by Corpedia and eLearning, show that you can:

• Attract more clients through recommendations.
• Keep the clients you served once for future transactions.
• Attract and keep service providers of high quality and skill.
• More easily expand the market size you serve.

Protecting your reputation not only makes good business sense; it’s one of the essential ways to make sure business is good.

Back To Top

http://www.amerispec.net/professional/images/uploads/red_pixel.gif

Don't Wait to Plan for Retirement

Retirement may seem far away, and planning for it can seem too complicated to deal with. But if you don’t plan now, you may not be able to have the life you want later. While a financial advisor or accountant is a better source for making a cohesive plan that works for you, here are a few hints that you can put in place right now:

• Make an estimate of the amount of money you (and your spouse) will need for one year of retirement. Be sure to plan for the lifestyle you expect to have and allow for additional health care costs, as you typically need more health care as you age.

• With people living longer, it is best to count on living to 100 when planning for retirement. A rule of thumb is to multiply the number in the bullet above by 25; this is the amount of money or investments you’ll need for retirement.

• Working backward from your planned retirement date, figure out how much money you need to accrue a year to achieve this amount. Remember interest and investments will add substantially to your goal – the more money you save early on, the less you have to save later.

• Make saving for retirement as much a part of your monthly expenses as your house note – it’s that important to your future.

• Keep current with laws about government programs that impact your retirement.

• Utilize any programs the government, or your employer, might offer that contribute additional money to your savings.

• While tax deferred plans should be utilized, keep in mind that historically taxes only increase. Savings where the taxes are paid now are likely to be tax-free in the future.

• Once you’ve developed your retirement plan, have your numbers checked by a professional. A professional retirement planner can help you develop a plan that is customized for your particular situation.

• Keep your investments diversified. Simple savings and CDs may not keep up with inflation. Stock markets go up and down. While your investment strategy may be aggressive while you’re younger, as you age it’s important to protect what you have.

Since the future is unknown, take care of your health and maintain skills that have value in the workplace. Even if you don’t need to work, you may find some sort of occupation fulfilling.

Back To Top

http://www.amerispec.net/professional/images/uploads/red_pixel.gif

Transform Your Slow Time into Grow Time

Almost every business endeavor has downtimes. While a good time to plan a vacation, slow seasons can also be an opportunity to implement the changes that can make your business more successful in the future.

Use these ideas to help turn your slow time into grow time.

Recharge yourself the smart way.

Slow times are a good time to get out of the office. However, you can gain more than recreation. Engage in activities that build your network. Perform volunteer work. Play golf with potential or past clients. Attend seminars that may instruct or inspire you. Read journals and books on your field.

Slow times are also a good time to take care of your personal life. Schedule that physical you keep putting off. Make sure your wills and financial records are up-to-date. If you haven’t already done so, create a plan for your own retirement. When worries like these are behind you, you’ll function more efficiently when business picks up.

Analyze your clients.

Some of your clients are profitable, and some less so. Make a list of the best clients you have, and a list of the worst. Then, analyze the demographic and psychographic characteristics of both groups. Which group responded to which elements of your self-marketing? You may want to change the way you market yourself to attract more of your most profitable clients.

Use the same approach to analyze the properties you’ve listed and sold. Determine which price ranges and neighborhoods worked best for you. This is another opportunity to revamp your marketing to concentrate on the areas of your greatest success.

Get in touch with past clients.

Make all those follow-up calls you keep putting off during your busy season. Even if it’s been months, or even a year, make a phone call or drop a note asking how their new home and neighborhood is doing; it’s a good way to renew relationships and maybe even unearth a few new leads.

Think about how you work.

Look objectively at how you conduct business and determine what areas might be holding you back. Analyze how you manage your time, handle communications, and market yourself and the properties you list.

Think about how you could change your work practices for the better and implement those changes now – while things are slow – so that they are ingrained habits when business picks up again.

Downtime might not be good for the bottom line right now, but use yours right and you could see your bottom line moving up faster in the months to come.

Back To Top

http://www.amerispec.net/professional/images/uploads/red_pixel.gif

Use Your Fireplace Wisely

The glowing embers and dancing flames of a fire can be mesmerizing, but before you strike that match to light the first fire of the season, make sure your fireplace is ready.

Wood-burning fireplaces are meant to burn just that – wood; this is no place for lighter fluid, charcoal, or disposal of excess paper products. In fact, to avoid creosote build up in the chimney – which increases the risk of fire, it’s best to stick to seasoned (aged), dry hardwoods.

Fireplaces and chimneys should be professionally inspected every year, not just for cleaning but to check for cracks and leaks that may not be visible from the outside. Chimneys should be topped with a mesh screen to arrest sparks as well as keep birds and animals from entering. Tree branches as well as leaf litter should be kept clear of the chimney opening.

Even fire wood needs to be handled carefully. The best storage is at least 30 feet from the house (to reduce the chance of termites invading your home), in an area protected from moisture.

When lighting a fire, check to be sure the damper is open before starting. Wood should be stacked horizontally, with gaps for air flow. Create a grid pattern with several layers of wood (no more than 2/3 the height of the fireplace opening) with the kindling on top. A small amount of crumpled newspaper can be added to the kindling.

By lighting the fire from the top, rather than the bottom, of the wood you reduce the amount of harmful gases that are released by the fire. In addition, this quickly removes the cool air in your chimney to draw any smoke up and out. Use long-handled matches for greater safety when lighting the fire. Any glass fireplace doors should be left open while the fire is burning and a mesh screen placed in front of the fireplace to reduce sparks.

The goal is to have as little smoke as possible. Black smoke indicates the fire is producing dangerous carbon monoxide and soot because it is not getting enough oxygen. Gray smoke indicates too much combustible material is going up the chimney instead of burning. In this case the fire may be getting too much oxygen, the fire was not lit from above, or the fire wood is damp.

Gas fireplaces also require routine maintenance. Most retailers who specialize in gas fireplace products offer these services. A malfunctioning gas fireplace could have serious consequences if carbon monoxide builds up in the room. In fact, it is advisable to have a carbon monoxide detector installed in addition to regular smoke detectors.

With a little maintenance and care, your fireplace can provide you with many warm and cozy evenings while winter winds blow outside.

Due to the general nature of this article regarding the maintenance of your fireplace, you should consult with a licensed or qualified chimney sweep or specialist for specific details regarding proper maintenance of your fireplace.

Back To Top

http://www.amerispec.net/professional/images/uploads/red_pixel.gif

You received this message because you registered to receive email from AmeriSpec Home Inspection Service. If you wish to be removed from our database, or if this email has been forwarded to you and you would like to receive your own free subscription, please visit @@URL@@. If you have questions, email us at @@email@@ or call @@phone@@.

 

© 2008 AmeriSpec, Inc. All rights reserved.
TERMS OF USE | PRIVACY POLICY

AmeriSpec is a registered trademark of AmeriSpec, Inc. AmeriSpec services provided by independently-owned and operated franchises depending on location. Not all services and programs discussed herein are available at each office. Check with your local office regarding availability of services. See inspection agreement for details regarding scope of inspection and exclusions. Before following any of the cleaning information, methods, advice or suggestions above, always test a small area that is less visible first. Also, you should consult the manufacturer's care instructions and warnings before trying any of the above. Due to the general nature of the advice in this material, neither AmeriSpec, nor its individual franchises assumes any responsibility or accepts liability for any loss, damage, or injury which may be incurred as a result of any action inspired by information, advice or suggestions through this material.