Real Estate

2016 Was The Greatest Year Of My Life

The other day I told you about one of my biggest ragrets. Missed it? It's here.

Today, a week into the new year I wanted to recap 2016 for me.

I've seen so many people complaining about 2016 being the worst. And they can't wait for 2016 to be over.

From my perspective, to blame a year for something negates any positives that happened to you or by you. And to throw that much shade on a year, to not acknowledge the good, what you're proud of or grateful for, in my book... is setting yourself up to make next year even worse. You're going to get more of the same.

So in being some what hypocritical I'm going to say 2016 was the GREATEST YEAR OF MY ENTIRE LIFE.

Here's why:

1. I documented a HUGE CHECK of it. I made over 130 videos of our life and business. It makes memories easier to remember.

2. I dropped over 30 lbs. I went from 200ish to 167ish.

3. Because of #2, I sleep better and no longer have chronic shoulder injury.

4. In relation to my last email (the one below) I started running and ran my first 5K with Katherine on Thanksgiving day. She also started running this year. Neither of us were "runners" before this year.

In fact, when I committed to getting into shape in April/Mayish of this year, I could barely walk a mile at a brisk pace without getting shin-splits.

5. We paid off a mortgage and now own a property FREE & CLEAR. This is an incredible feeling. It was a huge goal. A huge accomplishment. And does so many things for us emotionally and financially.

I'd love to hear why 2016 was awesome for you. Contact me and let me know.

If however you hated 2016 and you can't find any good in it, don't bother emailing my back. Just put that up on Facebook. I think that's the appropriate place for it. ;)

Happy New Year! Darin Persinger

PS: By the way, you don't NEED to be negative or complain on Facebook. Look at my wall. You'd have to go back over 2 years probably to find anything negative.

The world doesn't need more negativity. And do you know the worst thing about posting or sharing something negative on Facebook?

It's permanent. It's like a tattoo. It's not just a thought or even something you said out loud.

That negativity is now documented and stays in the world forever.

“I think when I look out and I see there’s so much negativity in the world and a lot of people are unhappy and a lot people are anxious, it just feels like that’s one view of the world. But you don’t have to always focus on that view of the world.” 
— - Chris Hardwick

Did You Know About The Eiffel Tower Secret Apartment?

A company similiar to what AirBnB does, called HomeAway, ran a contest to "rent out" the the Eiffel Tower during the Euro 2016 tournament. They basically turned the second level into an apartment. But did you know there is another apartment in the Eiffel Tower? A secret apartment. And this one is not temporary. It's always been there.

But the only person that had access to the apartment was Gustav Eiffel, the architect whose company designed and built the landmark. Built in the late 1880s, the Eiffel Tower and was originally intended to be the centerpiece of the 1889 World’s Fair. For a man who mainly built bridges, this tower brought fame. But most interesting, he also built himself a secret, private home towards the top of the tower, that few knew about.

Eiffel used it as a personal getaway and  as a place to perform meteorological experiments, some say. One guest that Gustave had was Thomas Edison. Edison was so appreciative of the invite,  he gave Eiffel one of his newest inventions at the time. A phonograph.

Gustave Eiffel was “the object of general envy” among Parisians during his lifetime, and it wasn’t for designing one of the most famous monuments of all time. Rather, it was due to the fact that he had a private apartment at the top of the tower—and almost no one else was allowed access to it.

In his book La Tour Eiffel de Trois Cent Métres (The Eiffel Tower of 300 Meters), author Henri Girard explains that Parisians would offer up “a small fortune” to rent the space for a single night, but Eiffel consistently refused. However, he would occasionally entertain guests of the utmost prestige (Thomas Edison is one notable example).

Unlike the scientific marvel of steel and hard lines it’s housed in, the pied à terre is cozy and romantic—think paisley wallpaper, wood furniture, and oil paintings. All in all, not a shabby place to view Paris from the best vantage point in town.

While Eiffel Tower visitors were previously denied access to the apartment (what Monsieur Eiffel would have wanted, no doubt), it was announced today that it the 1,000-foot-high space is officially open to the public. At long last, we mere peasants can get a look at what it’s like to live at the world’s most enviable address.

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast.

Curated from There Is a Secret Apartment at the Top of the Eiffel Tower - Conde Nast Traveler

 

British Home vs American Homes

Politics in the USA is making some people on both the left and right threaten to leave if the other person gets elected. OK. Don't forget we can help you sell your house.

Also, things are a bit different in other countries. Just an FYI.

For example...

Wherever you may go around the world, it’s easy to conclude that if a home has four walls and a ceiling, everything else must be broadly the same. Well, even if that were true (and it’s not) there are still tiny differences between a house on the other side of the world and the house you normally live in that can be quite unsettling the first time you encounter them.

So, having conducted extensive research into American and British households (by comparing notes between the traveling experiences of Anglophenia writers) what are the things that are commonly recognizable to most British households that will come as a surprise to most American visitors?

To avoid getting stung by unexpected bills for gas and electricity, some British households use a system whereby they go to a local shop and have credit placed on an electronic tag called a PayPoint key. Just as a pay-as-you-go phone gives you a set amount of credit to make and receive calls, so the PayPoint key gives you a certain amount of gas, electricity or even water. This is just a modern update on the old system which relied upon putting coins in a meter.

Due to a healthy fear of electrocution, British bathrooms don’t tend to be wired up for electricity, as it does not play nicely with water. The noble exception to this rule is the two-pin electric shaver socket, which can either be wall-mounted or part of the light over a mirror. Some bathrooms don’t even have the light switch in the room: It’s out in the hall or landing, just by the door. It’s worth checking this before you find yourself feeling a wall in the middle of the night while busting for a pee.

This is worth getting right before you’re in too much of a hurry. Should you need to use the conveniences, ask for a bathroom and you may be directed to a room with a bath in it, but no toilet. The Brits are terribly literal like that. By all means, ask if you can use the toilet, or the lavatory, or the loo, and they will immediately direct you to the nearest room in which you can do your business.

Curated from 10 Things About a British Home That Will Confuse Americans | Anglophenia | BBC America

Your Rent Is Going To Continue To Increase

If the monthly rent check is already painful to write, brace yourself.

The Census Bureau's U.S. rental vacancy rate, which tracks the share of properties that are unoccupied, fell to 6.8 percent in the second quarter. That's the lowest level using comparable data since 1985.

The short supply of units means "rental inflation is not going away anytime soon," Neil Dutta, head of U.S. economics at Renaissance Macro Research LLC, wrote in a note to clients.

Already rents have climbed 3.5 percent in the 12 months through June, matching the biggest jump since 2008, Labor Department data show. That far outstrips the increase in consumer prices excluding food and fuel, which gained 1.8 percent in the same period.

While that may be good news for Federal Reserve policy makers who'd like to see inflation go higher, it may limit the amount of money consumers can spend on things besides shelter.

The rising demand for rental units is being driven by a surge in household formation. Some 1.6 million new households have come online in the last year, the Census data show, and all of that increase has come from renters. The number of owner-occupied households fell by 400,000 in the second quarter from a year earlier.

As a result, rents are "set to accelerate," wrote Ed Stansfield and Andrew Hunter, economists at Capital Economics Ltd., in a note to clients. "Our forecasts that rents will grow at an annual rate of  5 percent both this year and next would represent the fastest rate of rental growth since the 1980s."

Rents rising that quickly may make homeownership much more attractive for those who can afford it. That, combined with the improving outlook for employment and incomes, means the "homeownership rate will soon find a floor," they wrote.

(An earlier version of this story was corrected to reflect revised data on the change in household formation and owner-occupied units.)

Photographer: Andrew Harrer/Bloomberg

A short supply of available units is pushing up rents

by Victoria Stilwell

 

Originally published at Your Rent's About to Get Even Higher

 

Do You Have More Or Less Home Equity Than The Typical American?

Buying and owning real estate is one of the main ways of creating wealth in the US. And just like your 401K or your IRA, the sooner you start, the better off you are.

The sooner you buy your home, the quicker you are paying down the principle, letting appreciation do its job and building equity in your home.

Your home may be your castle, but it's also the single largest component of your net worth. Last year, the U.S. Census Department took its most recent look at how much equity people have in their homes by age. The findings, which are based on 2011 data, offer valuable insight that may help you judge whether or not you're on the right track financially.

Read the full article at: The Typical American Has This Much In Home Equity -- How About You?

The Lightbox House

Check out the pictures of this cool home.

The Lightbox house is located next to a 180-acre park overlooking the San Juan Islands and Puget Sound. The park is a grand amenity of this home, as the photographer and his family can explore deep into the woods adjacent to their property. With the ocean just a short hike away, a range of photographic subjects are immediately accessible to the home’s owner.

Read the full article at: Lightbox House: A Photographer's Dream House in Seattle

Productivity Tip From Jack Reacher

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for ya today... from In the film Jack , title character played be , he is having with another character who uses the word "Someday".

Jack Reacher responds,

"Someday. That’s a dangerous word. It’s really just a code for ‘never’."

What are you putting off until "someday"?

Stay Productive Keep Focused Be Consistent

- Darin Persinger

The Huge Mistake Of Looking For This In Business, Life or House Hunting

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A big bucket of ice cold water in the face of fantasy today.

"No great deed is done by falterers who ask for ." - George Eliot

If you are looking for certainty... you will be wandering the dry barren desert of the 'wasteland of what could have been' for the rest of your life.

Certainty is not for the entrepreneur... it's not for the self-employed... it's not for the ... it's not for the home buyer.

Certainty use to be for those who wanted a JOB. A paycheck every 2 weeks... State, federal, FICO withholding... Here is what you get to live on... Make your dreams, desires and wants fit inside what is left.

But, there is no certainty in the job market in today's world. So even that certainty is gone.

Just like Neo had to realize that there is no spoon in order to bend the spoon.

You have to realize there is no certainty to find certainty.

The annoying thing about marketing and productivity, for most people, is that it is impossible to know ahead of time what is going to work and what's not.

The frustrating thing about the house hunting process, for most people, is that it is is impossible to know ahead of time if the home they find will be "the one", in a great neighborhood, increase greatly in value and not have any issues with it.

The annoying thing for me, is that this in fact exactly what most people want. They want certainty. I can't offer that.

No one can give you certainty.

No one in your facebook group can offer up certainty about whatever [insert productive/service/app here] will work.

But that is what everyone shows up in those facebook groups for... Looking for certainty.

"What do you think about ________?"

"Do you think ___________ will work?"

"Anyone have success with _____________?"

And then what follows is a stream of comments confirming or denying it will work.

There is no certainty to be found there. Why are you still looking?

That is why you must, . And Test.

I can tell you with great confidence if something is good or bad. I can let you know what idea, principle or theory is a good one when it comes to website marketing, lead generation, email marketing, sales letters, etc.

But, even the good ones, don't always work.

It reminds me of the time my Dad was trying to sell his boat at a marina. It wasn't selling. My Dad was getting frustrated and asked the sales manager why it wasn't selling.

The sales manager's response was brilliant...

"You know, I wish I could tell you Lloyd, but the really nice boats just don't seem to be selling right now."

Here is maybe the one piece of certainty I can offer you...

You will fail to achieve better results in if you don't . You'll never know if a home is the "right one" if you don't buy it.

 

One last quote on certainty...

"Doubt is not a pleasant condition, but certainty is absurd." - Voltaire

You might have your doubts about something in your life, but what are you going to do about it?

... continue to look for certainty (that is absurd)? Or invest and test?

  • Stay Productive
  • Keep Focused
  • Be Consistent

- Darin Persinger

 

The Bedroom Principle

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The bedroom... ... an intimate place, isn't it?

Let's talk about what I call "The Bedroom Principle" today...

This is for my Realtor audience. I recognize you might not be a Realtor, so this article might not pertain to you, but Realtors are my largest audience so I want to speak to them today...

People that have never sold real estate just don't get it do they?

They might have some good ideas or advice but every once in awhile they say something stupid. Because they just don't get what it's like to sell real estate.

Keep this in mind... I spend a good chunk of time outside the real estate industry looking for best practices. Thinking about if, and how it could apply to real estate.

But some people just don't understand "residential real estate sales" and that is because of what I call "".

You know what I'm talking about...

When someone says "Don't send those 'Relational' feel good emails".

"Behave more like a professional."

"My Dentist would never follow up like that."

"My insurance agent doesn't send me silly stuff."

Etc... Etc. fill in the blank ____________________________

Here's what they don't get...

(soft breathy whisper) The bedroom is an intimate place.

  • Your dentist has never been in your bedroom.
  • Your doctor has never been in your bedroom.
  • Your lawyer has never been in your bedroom.
  • Your insurance agent has never been in your bedroom.
  • Your landscaper has never been in your bedroom.
  • Your mechanic has never been in your bedroom.

You, as a Realtor have been in everyone of your clients bedrooms.

If you are selling a home, you have been in their bedroom.

If you helped someone buy their home, you have been in their bedroom.

It bonds you and your client in this weird, intimate, dynamic called... say it with me... "The Bedroom Principle".

How many dentists, doctors, insurance agents, mechanics are at the grocery store and have a customer/patient come up to them and say, "We just redecorated our master bedroom. Come over and take a look!" ????

Doesn't happen. Ever. But that happens to you, doesn't it?

"The Bedroom Principle"

Now keep in mind, the relationship that someone has with their insurance agent, dentist, lawyer, doctor has it's own weird dynamic going on with it.

But it doesn't have "The Bedroom Principle".

Residential real estate sales is a weird, dynamic industry.

But, I know it's one that you are equipped to handle, because only weird, dynamic people get into residential real estate sales.

Don't dismiss ideas or advice from someone just because they have never sold real estate. Just know sometimes they aren't going to understand why you do what you do, because they don't understand "The Bedroom Principle".

-- Darin Persinger

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