8 hours ago
Friday, November 14, 2008
The Neccesity of Continued Education
TERRABELLA REALTY, ATTENDED THE NATIONAL ASSOCIATION OF REALTORS® CONFERENCE IN ORLANDO, FLORIDA
November 14, 20088 –– Terrabella Realty sent a group of agents to the National Association of Realtors® (NAR) Conference & Expo from Nov. 7-10 in Orlando, said Founder and Broker Gustavo F. Blachman. The event, held in a different city each year, was expected to draw more than 25,000 real estate professionals from around the world to central Florida's convention capitol.
Terrabella Realty had a booth on the Expo floor, and met with industry firms to explore partnership and joint venture opportunities. "In today's market, some smaller agencies are finding it difficult to compete with larger brands," Blachman said. "We offered a chance to share our company's industry resources, including our unsurpassed marketing program, Internet alliances, top-notch technology and recruitment strategy.
"It's important to us as real estate professionals to stay on top of our game," he said. "These NAR conferences provide the highest standard of education, as well as unparalleled networking opportunities that will help us continue to give our clients the best service in all their real estate transactions."
The NAR conference, whose theme this year was "Destination: Success," will always be the industry's best forum for top-of-the-line educational and networking opportunities, Terrabella paid for the team's housing expenses as an investment in the firm's ongoing success.
Terrabella Realty, a full-service real estate firm serving Miami-Dade and Broward counties, closed on more than $300 million in sales over the past three years. Terrabella has strategic alliances with real estate firms in many South American and European countries. It has an exclusive agreement for Miami-Dade & Broward Counties with file:///C:/Documents%20and%20Settings/gblachman/Desktop/www.propertymaps.com , a nationwide map-based real estate database, and is the exclusive provider of home valuations for zip codes 33160, 33179 and 33180 for www.realtor.com. To learn more, please visit http://www.goterrabella.com/.
Tuesday, November 4, 2008
Light at the End of the Tunnel
Light at the End of the Tunnel
By Gustavo Blachman
Aventura, Florida 33180
There's a light at the end of the tunnel, and it's not a train. We're seeing some action in the real estate market, in the form of lots of motivated lookers. There are a few different reasons triggering this new activity.
For investors, real estate is once again looking like a great investment. That diversified portfolio of stocks, bonds and other financial vehicles your financial advisor recommended may not have been so safe after all.
Let's say you trusted 160 years of experience and bought bonds from Lehmann Bros. Then you bought some stock in General Motors and in Sirius Satellite Radio. To further diversify, you added some Wachovia Bank shares. To make it even better, in 2001, assuming the Internet would pick because it's such a great business, you bought mutual funds from Munder Net Net. So you were spread out among cars, bonds, banks and interest-paying CDs – and you've since lost about 98% of your equity. You think, "Maybe investing in real estate isn't such a bad idea. After all, if the mortgage on my house was paid nearly paid up, the most I would have lost would have been 20%-25% of the equity. So maybe this is the time to buy."
The South American market is also picking up. Due to the policies of President Chavez, the value of crude oil in Venezuela has been cut in half. In Argentina, the government is is creating chaos by trying to renationalize the private social security fund. Every other country in South America has its own story – in Bolivia, Evo Morales is a known Chavez protégé, and Rafael Correa in Ecuador is called Chavez's "Golden Boy." As a result, the economies of these countries are facing a great deal of insecurity, and investors are once again looking to the US as a safe haven – especially when our residential real estate prices are such a bargain.
I’m not saying the real estate market is going to rise up and magically repair the US economy. We still need to find the right fix for the financial sector. But if we can just switch our vision from negative to positive, we might see that modest upswing in activity for what it is -- a light at the end of the tunnel.
Keep your faith in our industry.
Gustavo Blachman
Terrabella realty
www.goterrabella.com
By Gustavo Blachman
Aventura, Florida 33180
There's a light at the end of the tunnel, and it's not a train. We're seeing some action in the real estate market, in the form of lots of motivated lookers. There are a few different reasons triggering this new activity.
For investors, real estate is once again looking like a great investment. That diversified portfolio of stocks, bonds and other financial vehicles your financial advisor recommended may not have been so safe after all.
Let's say you trusted 160 years of experience and bought bonds from Lehmann Bros. Then you bought some stock in General Motors and in Sirius Satellite Radio. To further diversify, you added some Wachovia Bank shares. To make it even better, in 2001, assuming the Internet would pick because it's such a great business, you bought mutual funds from Munder Net Net. So you were spread out among cars, bonds, banks and interest-paying CDs – and you've since lost about 98% of your equity. You think, "Maybe investing in real estate isn't such a bad idea. After all, if the mortgage on my house was paid nearly paid up, the most I would have lost would have been 20%-25% of the equity. So maybe this is the time to buy."
The South American market is also picking up. Due to the policies of President Chavez, the value of crude oil in Venezuela has been cut in half. In Argentina, the government is is creating chaos by trying to renationalize the private social security fund. Every other country in South America has its own story – in Bolivia, Evo Morales is a known Chavez protégé, and Rafael Correa in Ecuador is called Chavez's "Golden Boy." As a result, the economies of these countries are facing a great deal of insecurity, and investors are once again looking to the US as a safe haven – especially when our residential real estate prices are such a bargain.
I’m not saying the real estate market is going to rise up and magically repair the US economy. We still need to find the right fix for the financial sector. But if we can just switch our vision from negative to positive, we might see that modest upswing in activity for what it is -- a light at the end of the tunnel.
Keep your faith in our industry.
Gustavo Blachman
Terrabella realty
www.goterrabella.com
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