June Newsletter

News from ERA Wilder Realty

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June 2010

www.erawilderrealty.com

Happy Fatherʹs Day! QUICK LINKS Open Houses New Listing Alerts

ERA Wilder Realty Celebrates 15-Year Anniversary

Media Center

Local leading real estate company ERA Wilder Realty recently celebrated a milestone 15-year anniversary with global real estate network ERA Franchise Systems LLC. The company celebrated at a special anniversary Team Tuesday event at Saluda Shoals Park, held Tuesday,

Careers

ERA Wilder Realty Orangeburg Office Raises Money for MDA June 8, 2010.

"In 1995, we affiliated with ERA Real Estate, becoming part of a worldwide network of real estate companies that share a serviceoriented philosophy," said Eddie Wilder, President. "Today we celebrate our successes and take pride in delivering the best possible service, with cutting-edge real estate products that meet the specific needs of buyers and sellers in South Carolina."

ERA Wilder Realty Orangeburg office held a yard sale on Saturday, June 5, 2010. The agents raised over $700 for MDA Charlie Young, President and CEO of ERA Franchise Systems LLC, spoke (Muscular Dystrophy with agents and brokers about the innovation and technology in 2010, Association). Way to go real estate market trends, and what the future holds for the real Orangeburg Team!!! estate community. "Real estate is changing-it's a new world for our industry," says Charlie Young. "Consumers are more knowledgeable, Special Rules for technology is delivering information that was previously inaccessible Members of the and the brokerage community is evolving in response to a new Military, the Foreign economic reality. At ERA, we are building 'a smarter community' of brokers and agents to meet the ever-changing needs of today's Service consumers and real estate brokerage industry." and the Intelligence

Agents and Brokers reminiced the many years of the company's making Community with Eddie through skits, presentations, songs, and more. Through the auction was held to raise money for MDA, a total of $4,245!

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News from ERA Wilder Realty

Congress has acknowledged the unique circumstances affecting members of the military, the foreign service and the intelligence community by making the following exceptions that apply to both the $8,000 tax credit for first-time home buyers and the $6,500 tax credit for repeat home buyers.

Exemption From Tax Credit Recapture Rules Typically, homes that are sold or that cease to be used as a principal residence within three years of the initial purchase are subject to recapture of the tax credit. However, qualified service members who sell or move from a tax credit home within three years of the initial purchase due to official extended duty are exempt from the recapture rule.

Extension of Tax Credit Deadlines The home buyer tax credit is available for qualified purchases with a binding sales contract in place on or before April 30, 2010 and closed by June 30, 2010.

However, for qualified service members who are ordered on a period of official extended duty, these dates are extended for one year. For these home buyers, the tax credit applies to sales with a binding sales contract in place on or before April 30, 2011 and closed by June 30, 2011.

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Thanks to all agents, brokers, and local businesses (Aun & McKay Law Firm and Steve's Deli) for their contributions of items to be auctioned off. A special thanks to The Auction Group for their participation in the event.

5 Easy Steps to a Winning Social Media Plan Source: Social Media Examiner

So you've set up your social media empire using Twitter, Facebook, LinkedIn, and you're blogging too.

But how do you make it all work together? You want to reach potential clients and establish your authority online, but what's your plan?

This article delivers five foolproof steps to get you on your way to finding, formulating and distributing content that will get you noticed. Content could include your own blog posts or links to others people's work posted on your social networks. #1: Find Your Target Audience.

The first step in social media planning is largely the first step in identifying your brand-determine who you are and who your customers are. What unique aspect of your product or service attracts your target population? Are you a veteran business coach who works with small entrepreneurs? A grandmother and knitter who likes to teach others how to create gifts? You'll need to determine what your readers want to know from you, what their likes and dislikes are and where they congregate.

You'll also need to find the right tone. The "social" in social media requires a conversational approach, but you still need to speak your clients' language. Be sure you know the lingo and style that your clients are comfortable with and where they talk to each other-on Twitter, Facebook, LinkedIn, blogs or on social bookmarking sites.

Write out a basic profile for your most common type of client or customer. How would you classify them in terms of education, hobbies, tech-savviness and time spent engaging in social networking?

Your offer(s) should cover the basics - name of the product or service, price, terms of payment, time limit, any incentives or guarantees and of course, how to get it.

A person who is forced to return Read More... to the U.S. for medical reasons before completing an assignment of at least 90 days of qualified Irmo Office official extended duty outside of

Welcome New Agents!

Lexington Office

Chapin Office

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the United States may qualify for the one-year extension.

Definitions "Qualified service member" means a member of the uniformed services of the U.S military, a member of the Foreign Service of the U.S., or an employee of the intelligence community.

Tina & Tim Burgess

Jerri Strother

Chuck Holden

The 'Best Bet' in Real Estate Today Source: Broker Agent Social

"Official extended duty" means any period of extended duty outside of the United States for at least 90 days during the period beginning after December 31, 2008 and ending before May 1, 2010.

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The first time tax credit is gone, the markets are jumpy, summer's here but no one is "dancing in the streets." It's as if everyone is distracted with volcanic ash clouds, oil spills, wishy-washy politicians and the European debt crisis, and let's face it---that is an awful lot to worry about.

But-worrying aside-most real estate professionals face the ultimate challenge every day just as if none of these things were happening: they try to sell or list a property in order to earn the commission that feeds their families. In all this bad news, where is there an indicator that may help them target where their next sale is coming from? Is there anything positive to be taken from this continuing series of disasters plaguing us all today?

Recently, reports have begun surfacing that confirms that-- for the foreseeable future-- the future of real estate is in distressed properties.

For the first time, it seems, so called 'prime loans' are seeing delinquency rates up as much as 16% over last year. These 'prime loans' are not the weird deals that got us into this mess to begin with, they are pretty standard money-down proper ratio loans to solid creditworthy buyers. Let's look at where the market is and what this new data means to you.

Read More...

Just a Little

Sonora Dodd, of Washington, first had the idea of a "father's day." She thought of the idea for Father's Day while listening to a Mother's Day sermon in 1909. Sonora wanted a special day to honor her father, William Smart. Smart, who was a Civil War veteran, was widowed when his wife died while giving birth to their sixth child. Mr. Smart was left to raise the

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Father's Day History

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newborn and his other five children by himself on a rural farm in eastern Washington state.

After Sonora became an adult she realized the selflessness her father had shown in raising his children as a single parent. It was her father that made all the parental sacrifices and was, in the eyes of his daughter, a courageous, selfless, and loving man. Sonora's father was born in June, so she chose to hold the first Father's Day celebration in Spokane, Washington on the 19th of June, 1910.

President Calvin Coolidge, in 1924, supported the idea of a national Father's Day. Then in 1966 President Lyndon Johnson signed a presidential proclamation declaring the 3rd Sunday of June as Father's Day. President Richard Nixon signed the law which finally made it permanent in 1972.

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