Archive for Newsletter


Please welcome our newest Addition…Dan Shusterman!

1 Comment
Tags: , ,      Categories: Communitiy, Newsletter, Real Estate
One of my primary responsibilities as President of Seven Gables Real Estate is to seek out the best and brightest talents in the industry—people with the right moral and professional compass— and invite them to join the Seven Gables family. It’s a task I relish, one I take very seriously.
It’s my belief that when we bring someone who is the right fit into our firm, we all benefit……and our market share statistics increase.
After several weeks of meetings, I am proud to announce that Dan Shusterman, a top producing Orange County Realtor for the past 12 years, has decided to leave the Coldwell Banker Tustin office and join Seven Gables.

Photobucket

His track record speaks for itself. At Coldwell Banker, Dan ranked among the top two percent of sales agents nationwide and was also recognized as the number one agent in both sales and unit volume for the inland offices.
Dan’s remarkable real estate career began in the automotive-related industry. Focusing on customer relations and service, he built a strong client base and quickly became one of his company’s top sales professionals. That experience laid the foundation for the highly lauded national and international real estate career that followed.
His extensive market share that will now benefit each and every one of us, blankets North Tustin, Tustin Ranch, Orange and vicinity.
What drew Dan to Seven Gables? As a top producer who has been working on building his own personal brand, Dan wanted to align himself with a company that stood for the same ideals he does. One that has built a local reputation based on the work of its roster of superstar agents—people whose sales and service records, negotiation skills and personal reputations are well known and respected. In other words: all of you.
As Dan explained it, for his own personal and professional growth, he needed to join a firm that has a vision he can assimilate with. He needed to be surrounded by other like-minded agents who are part of—and contribute to—that vision. Brand was also important to Dan as well as customer service.
You are going to like Dan. He not only upholds a level of professionalism that distinguishes him as a Realtor, he maintains standards and core values that clearly mirror those upon which we as a company operate. It’s as certain as the sunrise that his reputation and industry leadership will make him an outstanding addition to the Seven Gables organization.
Dan Shusterman will be working out of our flagship office here in North Tustin. When you see him, join me in extending him a very warm Seven Gables welcome. His direct line is 714.665.7194; his email is dans@sevengables.com.
–Mike

Orangewood Children’s Foundation May Drive!

0 Comments
Tags: , ,      Categories: Communitiy, Newsletter

As you know, Seven Gables will be supporting Orangewood each month by promoting a themed Collection Drive AND hosted Dinner for the young adults affiliated with the organization. These individuals (ages 18-21) still rely on Orangewood for guidance and direction, and are in need of everyday items to help them through the transition into independence and adulthood.

For this month’s Collection Drive, we will be collecting and donating Interview Clothing & Accessories. Items needed include gently used or new ties, scarves, socks, dress shoes, jackets, dress pants, dress shirts, skirts, blouses, belts, jewelry (necklaces, bracelets, earrings), etc.

Items may be dropped off at any Seven Gables office and will be delivered to Orangewood tomorrow morning, Wednesday, May 26th in conjunction with our monthly themed Dinner. See below for more details and how you can help!

Photobucket

Banks…They are really just like us!

0 Comments
Categories: Newsletter, Uncategorized

 

Do you stay awake at night trying to figure out why Banks have been given billions of government bailout bucks but seem unable to lend that money out again? Do you ever wonder why Banks take so long to approve short sales? The answer is simple…they are just like us!

Faced with the worst Recession since the 1929 stock market collapse, consumers have completely changed their spending habits. Instead of spending they are actually saving. In fact, Americans have gone from a “0”savings rate during the run up in home prices to one approaching 7% today. This is the highest rate since 1993! The reason for this phenomenon is simple; we are uncertain about the future so we want to have cash as a “cushion” for tough times. Banks want the same cushion but they have fancier name for it…”capital preservation” or “liquidity”. If the Federal Government gave you $20,000 right now would you buy something or put it in your savings account?

As for “short sales” (the sale of a property for less than what is owed on the mortgage), consider what a hard decision has to be made by the Bank’s Directors. Do we agree to a specified loss now or wait to hope for a better return? If the asset is performing now (mortgage payments are current), why move it to a non-performing asset and take a loss? Would taking the property back in foreclosure give us a better return? If you are “upside-down” in your home mortgage, you are probably agonizing over the same decisions Banks have to make. The difference is that they have thousands of them to make, shareholders to satisfy and regulators to report to!

The bottom line is that you can expect the mortgage money to start flowing again as soon as Bank Balance Sheets improve along with their outlook forth future. This should happen around the same time we feel confident enough to spend some of our savings!