Realty Line March 2014 Issue by RealtyLine

in this issue…

Putting a Face on Real Estate since 1995™

• JB Goodwin, REALTORS Annual Awards Banquet • WC REALTORS Super Bowl of Builders • ABoR TREPAC Chili Cook-Off • and much, much more!

Associates in Progress

Over 200 Quick Move-In Homes

page 25 TM

Inside Back Cover

MARCH 2014 • VOLUME 18 • ISSUE 11

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"Tax Talk"- how you case of an IRS audit By Riki Markowitz

Visit us online 24/7 at www.myRealtyLine.com

P. O. Box 81366, Austin, Texas 78708

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Printed on recycled paper.

Presorted Standard U.S. Postage PAID Austin, Texas Paid Permit #715

ax time can be nerve wracking for anyone—especially in this current economic climate. Folks are looking for ways to pinch pennies anywhere they can: reducing costs on extras like cable television and recreational activities, or even more drastic cuts like turning the thermostat down a degree a two, even during this slightly colder than normal Austin winter. One place you should absolutely never cut corners, not for

any reason, is on your taxes. “Ninety percent of avoiding an audit, surviving an audit, and not having a problem with the IRS – is to assume that you’re going to be audited every single year,” suggests Sandy Botkin, CPA and author of "Lower Your Taxes: Big Time.” The good news is that the taxman only audits about 1 percent of individual returns. On the other hand, professionals in the real estate industry happen to hit a lot of the targets that can raise a red flag at the auditor’s office. “In 2012, one out of

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can save yourself in every three people audited earned $50,000 or less,” says Eddie Pietro, a Dallas-based office manager for H&R Block. Considering that in the past year, the average real estate sales rep in Austin earned $40,000 and more experienced agents earned, on average $68,000, a good percentage of the industry are reporting an income

that the IRS examines more than any other earnings bracket. According to the IRS, selecting a return for examination does not always mean you made a mistake, misreported your income, or over estimated your exemptions. A return can be chosen if a filer’s W-2 or 1099 does not match the information provided by someone the taxpayer did business with. In other words, if the amount you claim in commissions does not match the amount your employer is claiming they paid you, the IRS may send you a letter requesting an examination. Incidentally, according to Pietro, a letter of audit can arrive up to seven years after you file. So if you receive a notification in 2014, it’s likely the IRS will be interested in returns anywhere from 2010 to 2012, or earlier. For that reason, says Botkin, also the founder of Taxbot, an application that helps 1099 workers stay organized

Front Page: Continued on page 26

Upcoming Events Wednesday, March 19 HBA 2014 Williamson County Chapter John Gavurnik Open Golf Tournament Forest Creek Golf Club - 11:30 a.m. AYREP Happy Hour Abel's North - 5:30 to 7:30 p.m. Thursday, March 20 WC REALTORS Bowling for TREPAC Mel's Lonestar Lanes - 3 to 6 p.m. Milestone Community Builders Road to Wealth Preston Village - 4 p.m.

Thursday, March 27 WCR FREE Member Mixer Sherlock's Pub - 5 to 7 p.m. Pure Gold Realty Launch Party The Belmont - 6 p.m. Saturday, April 5 HBA MAX Awards & Gala Hyatt Regency Town Lake - 5 to 9 p.m. Thursday, April 10 Williamson County Assoc. of REALTORS West-Side Story Bus Tour WC Office - 8:30 a.m.

Wednesday, April 16 CRS Bi-Monthly Meeting Westwood Country Club 11:30 a.m. to 1 p.m. Saturday, April 19 Sky Realty Georgetown Office Grand Opening 714 S Austin Ave Ste #201 - 4 to 7 p.m. Saturday April 26 - Sunday, May 11 HBA Parade of Homes Tierra Vista - 11 a.m. to 9 p.m. More at www.myRealtyLine.com

March 2014

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Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

Discovering Belterra is like Discovering a four-leaf clover unique, Beautiful anD stanDs out among all the rest. It’s not about luck, it’s about making the right choice...

Belterra, located just minutes from downtown Austin, offers a lifestyle like no other. With miles of hike & bike trails, over a dozen parks, resort-style pool complex, state-of-the-art fitness center and an on-site elementary school in the highly acclaimed Dripping Springs Independent School District. For more information and a community map, visit the Belterra Welcome Center today.

New model homes and new neighborhoods NOW OPEN! David Weekley Homes • Highland Homes • Sitterle Homes • Treaty Oak Homes • Wilshire Homes 151 Trinity Hills Drive • Austin, TX 78737 • 512.301.5000 • BelterraTexas.com

Putting a Face on Real Estate since 1995.™

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Austin Board of REALTORS®

Putting a Face on Real Estate since 1995

Chairman’s Column

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March 2014

Well, if it seems like this month’s President’s Column is all about your input, that’s no coincidence. We’re working to make changes at ABoR with you in mind, and we know that the

By Bill Evans • 2014 President

best way to do that is with your participation. Feel free to contact the Board if you have any questions or concerns at 512-454-7636 or send me an e-mail at President@ABoR.com. RL

ABoR Academy Educational Courses Mar. 25: Technology 101: An Overview (TREC# 03-00-075-25893) Mar. 25: Technology 102: Social Networking for REALTORS (TREC#03-00-075-25948) Mar. 26: Understanding Septic Systems Regulations & Disclosures (TREC#03-00-055-25781) Mar. 26: Ziplogix Suite (TREC# 03-00-025-25287) Mar. 26: Technology 103: Putting Technology to Work for You (TREC# 03-00-075-25892) Mar. 27: Broker Responsibility Course (TREC# 06-06-124-24214) April 1: Residential Service Contract - Advanced April 1: ZipForm: What You Need to Know (TREC# 03-00-025-25287) April 7: Buying Real Estate in IRA's, ESA's & 401K's (TREC# 03-00-054-25639) April 14: Learn Commercial Tenant Representation and Expand Your Income (TREC# 03-00-045-25506) April 16: Leasing 102, Leasing for Agents April 16: Maintenance & Habitability of Residential Rentals & the IPMC (TREC# 03-00-125-26451) April 16: Habits of Successful Real Estate Professionals (TREC# 02-00-115-26477) April 22: Broker Responsibility MCE Course (TREC# 06-06-124-24214)

Drum roll, please!

’m excited to announce that a second ABoR location in South Austin will open this summer. The new office will offer South Austin-based members an alternative to fighting traffic heading north. Staff will be able to provide the same core member services, as well as a limited REALTOR Store and training options. It’s our hope that the new satellite location will make in-person visits more convenient. This new ABoR annex location is one of the upgrades the membership requested, and we are anxious to open the doors. For more information about the South Location, look for additional ABoR communications in the coming weeks.

The discussion continues! Speaking of member input, we need to ask for your help again! ABoR hosted a very well attended forum last month about the future of AustinHomeSearch.com. We gained valuable feedback from the members that attended, but now we need to take it to the next level. It was made perfectly clear during the meeting that

Mobile Apps are really important to you, and as we work to upgrade and relaunch the site later this year, we need to know what other features and functions you consider ‘must haves’. After all, your public-facing website should serve you and your consumers in the best way possible. To be part of the future of AustinHomeSearch.com, visit svy.mk/1cqE2do.

TREC/TALCB want to hear from you We intend to host a different Member Forum each month, and March brings another great opportunity for ABoR members. This month’s ABoR Forum will focus on both TREC’s and Texas Appraiser Licensing and Certification Board’s (TALCB’s) 2015-2019 Strategic Plans. Topics will include the application and renewal process for real estate agents, continuing education requirements, and the agencies’ all-around performance. This is a chance for you to weigh in on the future of real estate in Texas. To reserve your seat for the Wednesday., March 26, ABoR Forum, please visit Abor.com/Forum.

More at www.ABoR.com/courses

Meet our bilingual team! We have great tools in Spanish to assist in making the real estate transaction a simple Karla Aguilar Escrow Officer 512.795.9755 Northwest Hills

Aisha Dull Sr. Escrow Officer 512.920.0316 Round Rock

Diana Rangel Escrow Officer 512.328.3794 Westlake

Shanta Uribe Escrow Assistant 512.328.3794 Westlake

Victor Aguilar Business Consultant 512.795.9755 Northwest Hills

one and our team is available to make sure the closing process is an exciting experience, in

Every once in a while something so amazing comes along and the excitement is so contagious that you just have to share.

English AND in Spanish.

First American Title is proud to have a strong and dedicated team that is ready to serve the Hispanic market and community. With a combined 74 years in the business our bilingual team is ready to assist you and your clients in the Hispanic community into home ownership.

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ni implícita, garantía, ni expresa Title y conceden ninguna águila, First American American, no el logotipo del nombre de First First American, operan bajo el errores u omisiones. divisiones que Company y las asume responsabilidad por y/o sus afiliados. Title Insurance y no First American la información presentada American Financial Corporation a de First con respecto marcas registradas firstam.com son

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March 2014

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Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

Kelea Piper, right, of Texas Dream Realty places her vote for JB Goodwin Realty’s Haute House chili, which makes Steve Fohl, Lilli Dominy and Tammy Gardner scream with delight. Their hoots and hollers also served to attract other possible voters to their booth to find out what was causing all the excitement. Buy photo: RL_031114_V.JPG at www.myRealtyLine.com

These “rising stars” are on their way to the top. JB Goodwin, right, expects big things to come for Lucy Lee, Holly Haun and Cindy Clerk. That’s why he recognized the three with the company’s Rising Star awards at the annual company awards banquet. Buy photo: RL_030414_O.jpg at www.myRealtyLine.com

Maggie Dotson of Newland Communities tells mortgage professional Joe McGrath that he could win a prize if he spins the wheel at the WC REALTORS’ Super Bowl of Builders event. Buy photo: RL_031014_M.JPG at www.myRealtyLine.com Buy photo: RL_030114_C.JPG at www.myRealtyLine.com

AYREP president Seth Thompson and Jennifer Young of Paradigm Contracting are pleased to see guests networking and enjoying themselves at the ABGB where AYREP held a recent mixer.

Putting a Face on Real Estate since 1995.™

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Putting a Face on Real Estate since 1995

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March 2014

Mason Hills is coming. Join the interest list today. A great neighborhood is coming to Leander! Beautiful new homes with spacious floor plans, pool and park, children’s playground and more. Have we piqued your interest?

Mason Hills in Leander • • • • • • •

1,792–3,125 sq. ft., 3–6 bdrms., 2.5–5 baths planned private park, pool, pond, walking trails and basketball courts easy access to 183/183A; commuter friendly in the highly desirable Leander ISD minutes to 800-acre Southwest Williamson County Regional Park

SALES CENTER COMING SOON. Contact Crystal Crossing at (512) 259-0171 for more information.

Broker Cooperation Welcome. ©2013 KB Home (KBH). Plans, pricing, financing, terms, availability and specifications subject to change/prior sale without notice and may vary by neighborhood, lot location and home series. Buyer responsible for all taxes, insurance and other fees. Sq. footage is approximate. HOA applies. Photo may depict upgraded landscaping/options and may not represent lowest-priced homes. Photos do not depict racial preference. See sales representative for details. 2013 KB Creative>ANSERRA1.indd

March 2014

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Putting a Face on Real Estate since 1995.™

Agents from Regent Property Group LLC and two representatives from Gracy Title volunteered at the Capital Area Food Bank to sort and package donations, which contributed to 4,808 meals. Pictured left to right are (standing) Kenneth Osborn, Kristen Jacobs, Travis Westover, Mendy Clark, Brian Bailey, Lacey Warren, Bryan Kelley, (seated) Stacey Morris, Regent Property Group Broker/Owner Brian Talley, Erika Talley, and Donna Harris. Submitted Photo

Wow! John Beery, center, of Smart Source Realty wins the Yeti cooler prize drawing at the WC REALTORS Super Bowl of Builders event. Tiesa Hollaway of North American Title and Robert Randig of Capital Farm Credit congratulate him on the win.

Buy photo: RL_031114_BC.JPG at www.myRealtyLine.com

Austin Title’s Joy Stokes promises John Cotton of TCP Real Estate that the Spice Girls chili is good to the last drop, and indeed it was almost gone after so many guests tasted the spicy entry at the ABoR chili cook off.

Buy photo: RL_030114_J.JPG at www.myRealtyLine.com

Two New Communities! www.DreesHomes.com SWEETWATER,

ROUGH HOLLOW,

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neighborhood offers everything from breathtaking views to an array of will be on an incredible 80ʼ homesite with astonishing canyon views, in a gated

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community. Families will enjoy the Sweetwater Club, a 10-acre complex that will shopping, World of Tennis Sports Complex, and two stunning golf courses. courts, and an events lawn where neighbors can become friends. All this is located in the Exemplary Lake Travis ISD.

(512) 789-5586 Bill Cozart bcozart@dreeshomes.com

Rough Hollow is served by the award-winning Lake Travis ISD. Amenity Center opens this spring!

(512) 784-7133 Terry Burger tburger@dreeshomes.com

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Williamson County Assoc. of REALTORS®

Putting a Face on Real Estate since 1995

President’s Column By Gary Cocanougher • 2014 President

Tax time is here!

uite a few changes affect REALTORS filing their 2013 income taxes this month. Be sure you're aware of these changes to keep your hard-earned income. I've never been one to beat around the bush, so let's start with the bad news:

New tax bracket for higher-income households If you’ve had a successful 2013—so successful, in fact, that you find yourself in the highest tax bracket—be prepared to pay more than you did last year. That’s because Congress created a 39.5 percent bracket for taxpayers whose adjusted income is $400,000 for a single filer or $450,000 for joint filers. Last year, the highest tax bracket was 35 percent, so the increase will definitely be felt. The good news is that for 98 percent of taxpayers, their brackets have stayed the same. Under the Bush-era tax structure, there were six brackets, of 10, 15, 25, 28, 33, and 35 percent. This new law adds the 39.5 percent as a seventh bracket to that.

New 3.8 percent net investment tax For 2013, there's a new 3.8 percent tax on net investment income. The tax is part of the big health insurance reform law passed in 2010. Under the tax, households with adjusted gross income of $200,000 for a single filer or $250,000 for joint filers are potentially subject to the tax if they have a certain level of investment income. Calculating the tax can be complicated and is best done with the assistance of a professional tax advisor. The good news is with the sale of a primary residence, you have the added factor of the $250,000 to $500,000 capital gains exclusion, important to know for determining whether the tax would apply to you. If you sold your house for a gain of more than $500,000 (that’s gain, not sales amount), then you automatically deduct the $500,000 capital gains exclusion from your gain ($250,000 for a single filer). That means if your gain was, say, $530,000, only $30,000 is considered investment income under the tax.

OUTSTANDING AGENTS. OUTSTANDING RESULTS.®

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March 2014

0.9 percent Medicare tax increase

Simpler home office deduction

The health reform law also added a 0.9 percent Medicare tax, also known as the “additional Medicare tax,” because it sits on top of the existing 2.9 percent Medicare tax, which applies to your wages, compensation, or self-employment income. The additional tax is based on a threshold amount for your filing status, generally $200,000 for a single filer and $250,000 for joint filers. Thus, if your income is at that threshold, your Medicare tax is raised to 3.8 percent, not to be confused with the 3.8 percent net investment income tax.

You now have a choice on how you determine the deduction for your home office. You can calculate your deduction the way you always have, by determining the square footage of your office space, and dividing the other costs with the rest of your home. Or you can use the IRS’s new simplified method, under which you take a straight $5 per square foot deduction for up to 300 square feet for a potential maximum deduction of $1,500.

And now for some good news!

Increased mileage deduction For your 2013 filing, the per-mileage rate has been increased a penny to 56.5 cents, from 55.5 cents, per mile. That doesn’t sound like a lot but, you no doubt spend a lot of time in your car and those miles can add up quickly.

Health Insurance Deadline Uh-oh, and don't forget March 31! That's the deadline for getting federally approved health insurance. This doesn't affect your 2013 taxes, but you could be penalized $95 by the IRS in 2014 if you miss the deadline to get insured this month. While I have tried to be as informative as possible, I always encourage REALTORS to seek professional tax advice. As painful as tax time can be, remember the wonderful opportunities your income has provided for yourself and your family throughout this past year. RL

March 2014

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Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

Jonathan Seal and Debra Godwin, both of AmeriPro Funding, learn more about AYREP from Stephanie Winans, who serves on the organization’s board. They were attending the mixer at the ABGB.

Buy photo: RL_031014_O.JPG at www.myRealtyLine.com

Jim and Kim Discher, both of The Discher Team, at JB Goodwin REALTORS, celebrate the success of their fellow agents with JB Goodwin, right, at the company’s awards banquet at the Austin Country Club.

Buy photo: RL_030414_L.jpg at www.myRealtyLine.com

Kent Pricket of WC REALTORS welcomes David Durham and Terri Romere, both of Keller Williams Realty, to the association’s Member Mixer at its office in Round Rock. Buy photo: RL_030314_B.jpg at www.myRealtyLine.com

Buy photo: RL_030614_E.jpg at www.myRealtyLine.com

Ok, so he’s not wearing pink, but he’s bowling to show support anyway! CRS Austin Chapter President Jim Smith of Property Management Co. gets ready for a strike at the North American Title “Real Men Wear Pink” Bowling Event at Main Event. This year’s event raised money for the Humane Society of Williamson County.

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March 2014

Austin Title is Celebrating

Mardi Gras!

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March 2014

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Putting a Face on Real Estate since 1995.™

Putting a Face on Real Estate since 1995

Brittany Deck, right, of Coldwell Banker United REALTORS learns about new KB Home communities in Williamson County when visiting with Melissa Scherer, left, and Val Zelenak, center, both of KB Home, at the WC REALTORS’ Super Bowl of Builders event held at its Round Rock office.

Buy photo: RL_030114_I.JPG at www.myRealtyLine.com

RE/MAX 1 Broker/ Owners Tim and Tammy Kress celebrate their Broker/Owner of the Year Award. The pair was recognized at the annual RE/MAX of Texas Convention.

Buy photo: RL_030714_E.jpg at www.myRealtyLine.com

CRS Past President Rise’ Johns of Keller Williams Realty gladly pins Carrie Weikert as CRS Member of the Year at the CRS bi-monthly meeting for all of her hard work and contribution to the chapter. Carrie is also with Keller Williams Realty.

Submitted Photo

HomeCity Welcomes it ’s Newes t

Susan Ledesma

Cass Gabriel

David Bromstein Jacqueline Rios Jennifer Chorazy

Alicia Caballero Leslie Thurman Lucien Fuertes

Alyson DeMaio

Team Members

Mark Bramlett

Pippa Lambert

Congrats to the January and February New Hire Classes!

Jody Celum

Rhonda Riley

Juanita Thornton

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March 2014

Jazz Lough of Pure Gold Realty celebrates a closing earlier in the day by attending the AYREP mixer after hours at the ABGB with Lindsay Wynn of Keller Williams and Nicole Torres-Cooke of Schmooze Networking.

Buy photo: RL_031014_K.JPG at www.myRealtyLine.com

RE/MAX 1 attracts some great people in the industry—something in the water perhaps? Or maybe because they’ve learned how to turn lemons into lemonade and water into wine! Robyn Mosher and Rachel Francois, both of RE/MAX 1, have a good time relaxing at Water to Wine where the company held its annual awards event to recognize its best agents. Buy photo: RL_031114_F.JPG at www.myRealtyLine.com

Is tequila one of the special ingredients in the Austin Title chili? Becky Hopkins and Cheryl Scully will never tell, but they might give the bottle to a lucky guest at the ABoR cook off.

Buy photo: RL_030214_E.jpg at www.myRealtyLine.com

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March 2014

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Putting a Face on Real Estate since 1995

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Deborah Peel, left, of Buffington Homes, does a fine job of informing Jana Vaughn, center, and Martha Zabala, both of C-21 Summit, of the company’s long list of inventory in Williamson County while at the WC REALTORS’ Super Bowl of Builders event. Buy photo: RL_030114_E.JPG at www.myRealtyLine.com

It’s hard being a rookie, but it’s nice being “Rookie of the Year.” RE/MAX 1 Broker/Owners Tim and Tammy Kress know that David Wiebe, center, is going to be a huge success in the business. They named him “Rookie of the Year” at the company’s awards event at Water to Wine. Buy photo: RL_030214_L.jpg at www.myRealtyLine.com

Dean Carrier of Prime Lending offers Karen Montero of Berkshire Hathaway Home Services a taste of his chili at the ABoR Chili Cook Off. Buy photo: RL_030714_F.jpg at www.myRealtyLine.com Buy photo: RL_031114_A.JPG at www.myRealtyLine.com

As chair of the CRS Ways and Means Committee, April Laird of Sunny Lane Realty informs members at the bi-monthly meeting of what the committee has been working on over the last month.

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Putting a Face on Real Estate since 1995

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taylormorrison.com Offer void where prohibited or otherwise restricted by law. Homes must close by March 31st 2014. Savings may vary by community. All information (including, but not limited to prices, availability, incentives, floor plans, site plans, features, standards and options, assessments and fees, planned amenities, programs, conceptual artists’ renderings and community development plans) is not guaranteed and remains subject to change or delay without notice. Please see a Taylor Morrison sales associate for details and visit taylormorrison.com for additional disclaimers. © March 2014. Taylor Morrison of Texas, Inc. All rights reserved.

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March 2014

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Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

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Buy photo: RL_030414_C.jpg at www.myRealtyLine.com

Brian Baize, left, of Austin Title, thanks Byron “Buddy” Schilling of JB Goodwin REALTORS for inviting him to the company awards banquet. Brian enjoys seeing his company’s clients achieve great things. The annual event was held at the Austin Country Club.

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Stuart Sutton, right, of the Stuart Sutton Team at RE/MAX 1 is overjoyed to be recognized as the Top Producing Team at the company’s awards event. He thanks Broker/Owners Tim and Tammy Kress for providing a work environment that gives him the flexibility he needs to be successful. The annual awards program was held at Water to Wine.

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Congratulations

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CONGR ATUL ATION S TO ALL OF THE REALT Y AUS TIN NOMINE E S Alicia Kelley

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Austin CRS Chapter

President ‘s Column By jim Smith • 2014 President

Build habits that stick

s we move through our daily lives, desirable habits can often be difficult to establish, as there are many distractions that can lead us away from our target and right back to our old ways. This month, I share author Gregory Ciotti’s research on motivation, discipline, and habit building, and look at how to break down these findings to actionable steps.

You should make “micro quotas” and “macro goals” In a study on motivation, researchers found that abstract thinking is an effective way to help with discipline. In simple terms, “dreaming big” is actually effective. Additionally, there is also a lot of research showing that being motivated internally rather than through punishments or rewards (self-determination theory), is essential in building habits that stick. Therefore, it is important to find a way to balance this desire to dream big with your day-to-day activities, which usually does not result in quick, dramatic changes. One solution is to create “micro-quotas” and “macro-goals.” Your goals should be the big-picture items you wish to accomplish; and the quo-

tas should be the minimum amounts of work that must be accomplished every day to make the bigger goal a reality. In other words, chunk it down. Quotas make each day doable, resulting in achievable goals.

Create behavior chains Developing habits that stick is far easier when we make use of our current routines, rather than fighting them. “If-Then Planning” (If “X” happens, then I will do “Y”) is built around environmental “triggers” that we can use to let us know that it’s time to act on our habit. This tactic involves picking a regular part of your schedule and then building another “link in the chain” by adding a new habit. Here’s an example: rather than “I will get more listings,” you could say, “Every morning, I will contact 10 people I know and discuss who they know that may be wanting to sell.” This activity makes your habit measurable. Instead of “eating healthier,” go with “If it is lunch time, then I will only eat meat and vegetables.”

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Eliminate excessive options Self control is the power to be boring. Take, for example, President Obama’s insistence on never wearing anything but blue and grey suits. To quote him, “I’m trying to pare down decisions. I don’t want to make too many decisions about what I’m eating or wearing; because, I have too many other decisions to make.” This belief is well supported by research on self-control, which finds that making repeated choices deplete our mental energy, even if those choices are mundane and relatively pleasant. According to the Harvard Business Review, if you want to maintain long-term discipline, it is best to “identify the aspects of your life that you consider to be mundane and then “routinize” those aspects as much as possible. In short, make fewer decisions.” Lasting change occurs when the steps taken ultimately change both your environment and schedule. Stop buying snacks if you want to stop snacking, pack a very similar lunch every day of the week, and embrace the power of routine to get the necessary done each day.

Process plan (but don’t fantasize!) Why do you want the change to occur? It may seem like a small detail, but this plays a huge role in keeping motivated over time. Excessive fantasizing about results is usually detrimental to sticking to a habit. According to a UCLA study, the mistake is in what we visualize. Those who engage in visualizations that include the process of what’s needed to be done to achieve the goal (learning another language, by visualizing practice every day after work), are more likely to stay consistent than those who visualize speaking Spanish while visiting Mexico. Visualization works for two reasons:

Putting a Face on Real Estate since 1995.™

1. Planning: visualizing the process helped focus attention on the steps needed to reach the goal; and 2. Emotion: Visualization of individual steps led to reduced anxiety.

Eliminate “ah-screw-its” New habits are usually fragile. Therefore, we must eliminate any source of friction that may lead us astray. The “ah-screw-it” moments occur specifically when you find yourself saying “Screw this; it’s not worth the effort!” The solution? Examine your habit and find exactly where things begin to break down. For example, Author/Speaker Ramit Sethi explained how he improved his gym attendance by finding where things would slip. “When I sat down to analyze why I wasn’t going to the gym, I realized: my closet was in another room. That meant I had to walk out in the cold [to] put on my clothes. It was easier to just stay in bed. Once I realized this, I folded my clothes and shoes the night before. When I woke up the next morning, I would roll over and see my gym clothes sitting on the floor. The result? My gym attendance soared by over 300 percent.” Incorporate an “if-then” scenario once you find the culprit. If fatigue is stopping you from calling 10 people about real estate needs after work, set up a system of “If I’m feeling tired after work, then I will take a 20-minute nap and then read about someone successful for five minutes to get myself motivated. The Austin Area CRS Chapter offers several courses that drill down and address the habits of each area of discipline we must embrace to become a master at our profession. On April 2829, we are offering CRS-210 (Referrals); and on April 30, CRS-103 (Positive Change). Build your habits now and contact ABoR at 512-454-7636 or education@abor.com to register today. RL

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March 2014

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March 2014

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Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

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Putting a Face on Real Estate since 1995

Over Forty Years

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March 2014

JB Goodwin REALTORS® since 1972

Helping People

Company Sales Agent of the Year Westlake Office Sales Agent of the Year

Company Listing Agent of the Year Williamson County Office Sales Agent of the Year

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Andrew Constancio with J.B. Goodwin Not Pictured: Sandra Topete, Ligia Alvernaz, Molly Avila, Monte Gawthorp

Norma Mantz with J.B. Goodwin Not Pictured: Kylie Rosenbush

March 2014

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RL austin

Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

RE/MAX 1 Broker/ Owners Tim and Tammy Kress, left, congratulate two of the company’s top producing teams—the Mary Boatright Team, which placed third, and the Stuart Sutton Team, which placed first. The Michael Kelly team (not pictured) placed second. Buy photo: RL_030214_F.jpg at www.myRealtyLine.com

Trent Koenings, left, and Lilli Dominy, both of JB Goodwin REALTORS Westlake Office, take home accolades for earning their way into the JB Goodwin REALTORS Two Million Dollar Club. Owner JB Goodwin, right, gives the two a big pat on the back for their hard work. Buy photo: RL_030414_N.jpg at www.myRealtyLine.com

Rina Peiffer and Renee Massey, both of Bella Casa Realty, get ready for networking fun at the WC REALTORS Member Mixer. Buy photo: RL_030714_G.jpg at www.myRealtyLine.com

Buy photo: RL_030614_C.jpg at www.myRealtyLine.com

JUST ANNOUNCED!

Emily Chenevert, director of government affairs at the Austin Board of REALTORS, gives members of the CRS Austin Chapter an update on the latest information on candidates and initiatives the Board is supporting. She was the guest speaker at the group’s bi-monthly meeting at Westwood Country Club.

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March 2014

See it all at FalconPointeTX.com/New

Falcon Pointe is growing with new neighborhoods, parks, and playmates. New Neighborhoods Savor three new neighborhoods to choose from with home plans for every lifestyle. Now pre-selling.

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Get ready for more play dates and fun with two new neighborhood parks, for a total of 13 parks in the community.

The new south entrance located off Pﬂugerville Parkway makes it easer to get in, out and around the community.

Get a taste of the good life. We’re growing and welcoming new friends and family to the Falcon Pointe community, including three new neighborhoods now pre-selling, plus our newest homebuilder—Chesmar Homes. Come experience how sweet life can be in Pﬂugerville’s best-selling community.†

Pflugerville’s best-selling community † From the $200,000s to the $350,000s Centerra Homes • Chesmar Homes • Lennar • Ryland Homes Newland Communities is the largest private developer of planned residential and urban mixed-use communities in the United States from coast-to-coast. Together with our partner, North America Sekisui House, LLC, we believe it is our responsibility to create enduring, healthier communities for people to live life in ways that matter most to them. www.newlandcommunities.com and www.nashcommunities.com

† Source Metrostudy Q4 2013. This is not intended to be an offer to sell or a solicitation of offers to buy real estate in the Falcon Pointe Community to residents of Connecticut, Hawaii, Idaho, Illinois, New York, New Jersey, and Oregon, or in any other jurisdiction where prohibited by law. Terrabrook Falcon Pointe, LP (“Fee Owner”) is the owner and developer of the Falcon Pointe Community (“Community”). Certain homebuilders unaffiliated with the Fee Owner or its related entities (collectively, “Falcon Pointe”) are building homes in the Community (“Builder(s)”). Fee Owner has retained Newland Communities solely as the property manager for the Community. North America Sekisui House has an interest in one of the members in Owner. Newland Communities and North America Sekisui House are not co-developing, co-building or otherwise responsible for any of the obligations or representations of any of the Builders, and shall have no obligations to any buyer regarding a home purchase from a Builder. Purchasers of homes from any of the Builders waive any claims against Newland Communities and/or North America Sekisui House arising out of their purchase transaction. Actual development may vary from developer’s vision. No guarantee can be made that development will proceed as described. Some properties being developed may only be in the formative stages and are not currently constructed, but are envisioned for the future. Any information on such properties is presented to set forth certain prospective developments for general informational purposes only. Prices, specifications, details and availability of Builder’s homes are subject to change without notice. 2014 © Falcon Pointe. All Rights Reserved. Falcon Pointe is a trademark of Terrabrook Falcon Pointe, LLC, and may not be copied, imitated or used, in whole or in part, without prior written permission.

March 2014

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Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

Builders have diverse product lines offered in Williamson County. Mike Luscier of Dominion Estate Network Realty and Karen Parker of Mike Parker & Company attend the WC REALTORS Super Bowl of Builders to learn more about what kind of homes are being built in the county.

Buy photo: RL_030114_H.JPG at www.myRealtyLine.com

Aimee Randle, Monica Middleton and Michelle Hale, all of Capital Title of Texas, enjoy a night out at this year's annual Knockout Night fundraiser hosted by the Real Estate Council of Austin.

Buy photo: RL_031014_J.JPG at www.myRealtyLine.com Submitted Photo

Mortgage professional Diana Stephens and Peter van Kooij of Realty Austin exchange business cards at the AYREP mixer at the ABGB.

Putting a Face on Real Estate since 1995.™

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Putting a Face on Real Estate since 1995

Belterra Community A S S O C I AT E S I N P R O G R E S S - A d v e r t i s e r P r o f i l e b y K a t i e B r o w n

rmed with a vision to bring a master planned community to the picturesque Texas Hill Country, Belterra offers a lifestyle that effortlessly balances community and the outdoors. After acquiring the land southwest of Austin in 2001, construction on the first property began in 2003. Today, while Belterra has grown to include approximately 1,200 homes on 1,600 acres, the development still has large aspirations, such as completely building out the community to a full 2,000 residences. “Belterra is a gorgeous community, and we’re fortunate to be a part of its continued development,” says Kevin Huston, regional marketing manager for Crescent Communities, LLC. “We feel Belterra is well planned and a place where residents can live a balanced lifestyle with work access, quality schools and activities.” The Belterra community is located just minutes from downtown Austin on Highway 290 West, seven miles past the intersection of Highway 71 West. Situated in the Dripping Springs extraterritorial jurisdiction, Belterra is the epitome of a community rich in amenities and is home to approximately 1,200 families. While people in the community already have access to expansive parks, recreation areas and high-quality schools, Belterra continues to strive for future growth. Looking ahead, Belterra plans to add approximately 800 more homes, bringing the community’s residential home total

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March 2014

the community, next to the onsite elementary school. With more the 400 acres of abundant greenbelt space and parks linked by trails, the community is easily navigable for residents. By hosting signature events throughout the year, Belterra encourages resi-

to 2,000 residences. To aid in the expansion of its retail component, Belterra was acquired in October 2013 by Crescent Communities, LLC, a real estate investment, operations and development company based in North Carolina. While the project is still in the beginning phases, with the direction of Crescent Communities Belterra aims to offer residents, as well people in surrounding communities, a firstclass retail area, which will consist of a variety of both retail establishments and businesses once completed. Located near the west entrance of the neighborhood, plans for the 106-acre On-site Elementary School mixed-use environment include an idyllic blend of national and unique retail shops, neigh- dents to form lasting bonds and strengthen the borhood services, dining establishments and community’s connections. Whether it’s a fun run, competitive bike race or a seasonal celebraentertainment opportunities. Yet, as Belterra gears up for another phase of tion, the family-friendly community offers a vaexpansion, it remains true to its ultimate vision: riety of unique events year-round. While the scenic Texas Hill Country is a to provide a community-focused neighborhood that offers its residents the opportunity to en- major draw for residents, the variety of home designs provides a customizable living experigage in an active, outdoor lifestyle. For the outdoor lovers, Belterra offers a myr- ence. Within the Belterra community, single iad of opportunities—from swimming to bik- family residences range in size from 1,800 to ing to jogging. The development boasts miles of 4,600 square feet, and prices range from the mid hike and bike trails, approximately 12 individ- $200s to more than $500,000. With homes designed by five builders, ual parks, a resort-style swimming center with pools for all ages and a 5,000 sq. ft. recreation residents are able to find a property that meets center, which includes a state-of-the-art work- their personal style and taste. Currently, eleven out facility, showers and outdoor pavilion. The uniquely designed neighborhoods exist on the recreation center sits on 9.5 acres in the heart of property, with the master plan including ap-

Belterra Recreation Center

proximately 15 once the community is completely built. Whether it’s an awe-inspiring view, distinctive architecture, a luxurious retreat or garden-front living, there is a home within Belterra for every lifestyle. Because creating a family-friendly environment is at the heart of Belterra, a focus was placed on offerings for the younger generations. Located in the award-winning school district of Dripping Springs, Belterra has an exemplary onsite elementary school and a private preparatory preschool, which offers year-round child care options. Kids are able to walk or ride their bikes to school, and in their free time, picnic areas, playscapes and swing sets are located throughout the development. Dripping Springs Middle and High Schools are also located nearby. As the development plans for more homes and a comprehensive retail space, Belterra is sure to see prominent success in the future. “We’re focused on continuing the development of Belterra as a community that meets the needs of residents today with an eye toward sustainability for the future,” Huston says. RL

March 2014 Front Page: Continued

and maximize their tax deductions, “I recommend that real estate professionals keep all your receipts. Make sure you have receipts for everything you do.” These days, programs like Taxbot, as well as services provided by H&R Block, make saving and organizing your receipts easier than ever. The IRS is notorious for not divulging the number of individuals who receive a notice of audit each year. But as the experts Reality Line Austin spoke with revealed, because real estate professionals tend to have a fluctuating income and more exemptions and deductions than salaried W-2 workers, it’s important to take note of the following tips and tricks (in no specific order) just in case a notice of audit shows up in your mailbox. Hire an accountant. Both Pietro and Botkin could not be more adamant about this point. Everyone makes mistakes. If you did your own taxes for the year you’re being examined, have your taxes reviewed by a tax professional. While there’s a chance you underpaid, “there’s also a chance you left money on the table,” says Pietro. Remember, the IRS is looking for inconsistencies – not necessarily an underpayment. Save every receipt. Sure, those tiny tabs of paper showing how much you spent on gas and business meetings could get out of hand by Jan. 7th. But since you’re likely one of the 61 percent of adults who own a smartphone, you can easily take a snapshot of your receipts for instantaneous file and storage by any number of the specialized tax apps, including those mentioned here. Never talk to the IRS. Your accountant should handle all of your IRS correspondence. Not only will she fill out and file your examination forms, if for any reason the IRS wants to make a field appointment (in-person meeting),

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your accountant will go for you. Additional tip: According to Botkin, if you do choose to go to your field appointment, you have the right to record the meeting. Though, he suggests doing this only if you feel like the agent is behaving in an unprofessional manner. File an extension. Simply receiving a notice of examination does not mean you’re in trouble or that you owe anything, but not filing the paperwork within a 30 to 60-day window could result in steep fees or penalties. If the reason for your audit is due to filing late in the first place, by requesting an extension right away, which you are entitled to do, you’re less likely to miss your deadline. Do your due diligence when you hire a new accountant. If you hire a tax professional who suggests inflating or taking improper deductions, you’re the one who will be held accountable. Each year the IRS publishes a list of accountants that have been disbarred. About 40 years ago, that list would consist of about two or three accountants. “Today I’m seeing 40 or 50 at a time,” says Botkin, who also notes, “most accountants are very ethical.” Typically, when someone receives a letter of examination from the IRS, they know if they tried to hold back a few extra dollars. The best course of action is to make the adjustment and pay the money you owe. “The IRS is not sympathetic in the slightest. If you’re making the money, you’re required to file estimated tax returns and you’re required to send the money in,” says Botkin. The penalties for failure to file or failure to pay, including underpayment, can be harsh. According to Pietro, one of the penalties for underpaying your taxes is losing your right to claim certain tax credits (such as the earned income credit) for anywhere from two to 10 years. RL

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Putting a Face on Real Estate since 1995

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Putting a Face on Real Estate since 1995

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P. O. Box 81366 • Austin, Texas 78708-1366 (512) 821-1900 www.myRealtyLine.com E-mail: info@myRealtyLine.com

Publisher: Doren L. Carver doren@myRealtyLine.com

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Managing Editor: Naomi Bludworth naomi@myRealtyLine.com

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Contributing Writers: Riki Markowitz, Katie Brown Naomi Bludworth, Linda McNabb

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Columnists: Bill Evans, Gary Cocanougher, Jim Smith, Wayne Morgan Submission Guidelines: Submit photos, press releases and calendar items to naomi@myrealtyline.com. All photos must be at least 300 dpi and include a caption with first/last name and company affiliation. Press releases must be fewer than 300 words. Non-advertisers submitting calendar items will be charged $25 per submission. All submissions must be received at least seven calendar days prior to ad copy deadlines published at www.myrealtyline.com/blog/advertise.html. Submission items will be included as space allows. Realty Line Austin is published monthly by Caxton Publications, Inc.© as a non-subscription publication for the more than 8,000 members of the Austin Board of REALTORS®(ABoR), the more than 1,100 members of the Williamson County Association of REALTORS® (WCAoR) and the Home Builders Association (HBA) of Greater Austin. Realty Line Austin is printed on recycled paper. Realty Line Austin is a proud member of the Austin Board of REALTORS®, the Williamson County Association of REALTORS® and is a honorary member of the Women’s Council of REALTORS. Realty Line Austin is not responsible for opinions or facts expressed by non-staff writers or for errors and any by-products in advertising or editorial copy. REALTOR® is a registered trademark. The word REALTOR® sometimes appears in this publication without the registered trademark symbol (®) for the purpose of saving space. Wherever the word REALTOR® appears in this publication, the registered trademark should be assumed.

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March 2014

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March 2014 Experts Speak Out

Commentary By Wayne Morgan Austin Institute of Real Estate

What is the purpose of a business?

f you ask people the question, “what is the purpose of a business,” the majority will say “to make money.” Granted, there are a few business owners in our society, sad to say, that actually believe this, but I am convinced they are in the minority. Most start a business to have more freedom, to make their own decisions, determine their own destiny or to develop and sell a product or service that improves the lives of others. If you don’t have money, or don’t have enough money, making money is a good goal. But after we make more money than we need every month, most people develop a different perspective. We realize there is more to life than just making money. A business has three purposes: 1. To give you your life! What do most agents do? Give lives to the business! They work for years and years and finally leave with nothing of value to sell, they have put nothing of value in their asset column and they have very little life because

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they gave most of it away; they gave their life to their business. Remember, if you don’t design your life, someone else will gladly do it for you! Design your life first, then design the business to give you that life. Here are six questions to ask yourself when designing your life: 1. What do I want? 2. Why do I want it? 3. How bad do I want it? 4. Am I willing to do whatever it takes to have it? 5. Can I have it? 6. How will I know when I have it? 2. To solve a problem. Observe your own buying habits. Most of what we buy solves a problem we have. Cars trump horses. Cell phones trump land lines. E-mail trumps “snail” mail. Grocery stores trump farming. Air conditioning trumps heat. On and on this goes. We don’t want to care for and ride horses, be tied to a tele-

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Putting a Face on Real Estate since 1995.™

Putting a Face on Real Estate since 1995

phone cord, write letters, then stamp and mail them, grow our own food, or be hot in summer. So we buy cars, cell phones, email service, food and A/C systems. So if you want your business to thrive, it needs to solve a problem people are having. The bigger the problem we solve, the more money we make! Money is the byproduct. Money tells you how good your problem-solving skills are and how well you are strengthening and servicing others. The marketplace will tell us how well we do this by voting for us and each dollar is a vote. This is why Bill Gates, for example, is worth so much; he solved a huge problem, we bought it because it improved our lives and he was well paid. Take a few minutes and look at your business; what problems do your customers have? How big are they? Are you solving them? What, if anything, could you do better? As humans, we are designed to be information gatherers and problem solvers by nature. In business, that’s how we get paid. The bigger the problem, the bigger the check. 3. To add value. How does a business add value? Businesses add value to their customers by doing more with less. Blockbuster had a great selection of videos. But they were put out of business by Netflix because Netflix added more value to the customer than Blockbuster. How? It’s simple really. Netflix does more with less! Instead of going to Blockbuster to get a movie, strolling up and down the aisle searching for the one they want, then standing in line to pay, then paying extra for fines for being late, then finally going

home and sitting on the couch and watching their movie, they went straight to the couch and kept the movies as long as they wanted with no late fee ever. So here’s the question: Are you Blockbuster or Netflix? How much value do you add to your customers’ lives? How do you do more with less? How do you make it possible for them to do more with less? How many barriers are there between you and your customers? What do they have to go through to reach you? Talk to you? Buy from you? Refer people to you? How hard is it to do business with you? Look at this with all the companies you do business with. Observe your experience with them. Does their product or service solve a problem you have? Do they do more with less? Do they make it easy for you to find them, get to them, talk to them or ask them questions? Do they educate you? What do they do to wow you and make you want to return? What could they do better? Do they have a product or service that you really need or want but the experience is so bad that you dread going there? Do you go anyway because they have a solution to a big problem you have? What if they had a solution and wowed you with an incredible buying experience? As you observe these companies you do business with, look for ways they could improve the processes, the systems, the logistics, the ease with which they could do business with you. Do you see how this may apply to real estate? A real estate transaction is rife with problems! Talk about a target-rich environment. If your business is the kind that wants to solve problems, you should thrive in this environment. RL

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March 2014

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March 2014

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Kris Sutton, Brittany Hopper, Ashley Kamrath and Marian Lord, all of Ashton Woods Homes, show off the company floor plans at the WC REALTORS Super Bowl of Builders event at its office in Round Rock.

Buy photo: RL_030114_G.JPG at www.myRealtyLine.com

Even though Betsy Gallagher, second from right, earned this year’s title of Top Producing Individual at RE/MAX 1, Broker/Owners Tim and Tammy Kress, left, think David Matthys, back, and Colleen Sellars, right, deserve recognition for their hard work too. The pair closely trailed Betsy and are each in the top three.

Buy photo: RL_030214_J.jpg at www.myRealtyLine.com

Richie Rodriquez, left, of Home Trust Mortgage and MarieLynn Piscitelli, third from left, of Supreme Lending, join Liz Hart, Brandon Vermelis and Andrew Holbrook, all of Austin Luxury Realty, at the AYREP mixer at the AGBG.

Buy photo: RL_031114_N.JPG at www.myRealtyLine.com Buy photo: RL_031014_I.JPG at www.myRealtyLine.com

Nooooo! Ron Urias of Farmers Insurance looks in disbelief as he reads the silent auction sheet. Did he get outbid or did his wife Sandy write down a bid so high that they were sure to win?

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March 2014

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March 2014

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Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

So many builders, so little time. Suzanne Gantner, Barbara Houston and Dottie Driver, all of Sky Realty, make a game plan on how to roll through the isles at the WC REALTORS Super Bowl of Builders event.

Buy photo: RL_030114_D.JPG at www.myRealtyLine.com

RE/MAX 1 agents Craig Cherico and Jim Schaffrath, celebrate their colleagues’ success at the company’s annual awards event at Water to Wine.

Buy photo: RL_030314_C.jpg at www.myRealtyLine.com

Buy photo: RL_030214_B.jpg at www.myRealtyLine.com

David Pavliska of RE/MAX Round Rock shows off his pink duds as he aims down the isle at the North American Title “Real Men Wear Pink” bowling event that raised money for the Humane Society of Williamson County.

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Putting a Face on Real Estate since 1995

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March 2014

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March 2014

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Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

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In the words of the famous “Rocky III” line, “You did good kid, ya’ did real good.” JB Goodwin of JB Goodwin REALTORS congratulates Xuan Le Redding for her success. She was recognized as the Manager of the Year at the company’s annual awards banquet at Austin Country Club.

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Denise Arndt, Kristin Hepp and Cecilia Roberts, all of Coldwell Banker United REALTORS, finish the tour at the WC REALTORS Super Bowl of Builders event held at the association’s office in Round Rock.

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Buy photo: RL_030714_B.jpg at www.myRealtyLine.com

Want to go where everyone knows your name? Getting involved in the CRS Austin Chapter practically ensures you will get just that at each bi-monthly meeting. Jasper Augustine and Cathie Ward, both of RE/MAX Capital City and Neal Barnes of Star State Realty regularly attend each meeting and know most everyone on a first name basis.

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March 2014

LET US MAKE YOUR JOB EASY.

As Lakeway’s only 55+ active-adult resort community, Tuscan Village offers just the kind of resort amenities and lifestyle your clients have been dreaming of. Our right-sized villas and townhomes offer the perfect setting to play, walk, shop, learn, golf, swim, boat, gather, dine, dance and have the time Buy photo: RL_031014_A.JPG at www.myRealtyLine.com

AYREP membership chair Philip Myers and Marie-Lynn Piscitelli of Supreme Lending make sure guests leave their business cards in the jar so they have a chance to win a door prize during the mixer at the ABGB.

of their lives — all in the heart of Austin’s best playground. Stop by today for a private viewing of the new Clubhouse and take advantage of our special pricing before the public Grand Opening on March 30.

Buy photo: RL_020214_E.jpg at www.myRealtyLine.com

AmeriPro Funding’s Brett Dody says his entry is made “Colorado-style” with pork and green chilies. He and coworkers Adrienne Austin and Debra Godwin shared samples of it at the ABoR cook off.

Homes from the $280s for Adults 55+ (512) 327-1200 | TuscanVillage.com Buy photo: RL_030214_K.jpg at www.myRealtyLine.com

Way to go Betsy Gallagher, right, of RE/MAX 1 for earning the title of Top Producing Individual at the company awards event. Tim and Tammy Kress, broker/owners of RE/MAX 1, tell her to keep up the good work.

Prices are subject to change without notice. Exclusively marketed by Legacy International Resort Properties. Obtain the Property Report required by federal law and read it before signing anything. No federal agency has judged the merits of value, if any, of this property.

March 2014

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Putting a Face on Real Estate since 1995.™

Putting a Face on Real Estate since 1995

With inventory down, REALTORS are turning to builders to fill the gap. That’s why Jacci Anders, left, and Winifred Harrison, right, both of Coldwell Banker United REALTORS, and Mary Boatwright, center, of RE/MAX 1 are attending the WC REALTORS Super Bowl of Builders event this year—to see what builders have to offer in Williamson County.

Buy photo: RL_030114_D.JPG at www.myRealtyLine.com

Big smiles usually mean a big turnout! WC REALTORS Association Executive Marge Phillips and WC REALTORS President Gary Cocanougher of ERA Colonial Real Estate are glad to see so many members attend the Association’s Member Mixer.

Buy photo: RL_031114_P.JPG at www.myRealtyLine.com

Rasty Goodwin of AmeriPro Funding tells us that it’s safe to taste the chili he made with several types of beef. He entered his recipe into the ABoR chili cook off which raised funds for TREPAC.

Buy photo: RL_030614_A.jpg at www.myRealtyLine.com

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March 2014

Real Estate News & Notes

this award.” Realty Austin placed first among companies in business under five years in the Lake Travis community to win the Young Business of the Year Award. The company’s growing reputation as a leading luxury brokerage has attracted top-producing local talent. Yvette Boatwright, co-owner of Realty Austin said, "We are grateful how the Lake Travis Chamber of Commerce and the community has embraced Realty Austin. We are especially proud of Jolene and her team for always stepping up and giving their best for this community in which they live and serve. RL

Williamson County Association of REALTORS launches new website to server members/community The Williamson County Association of REALTORS is excited to announce the release of its new website, www.WCLIFE.org. This website was created as a resource for both REALTORS as well as the community to find answers to frequently asked questions such as: “How do I contact a local REALTOR?”, “how do I protest my taxes?” and even “I need something to do this weekend.”

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Putting a Face on Real Estate since 1995.™

Putting a Face on Real Estate since 1995

RE/MAX Metro's Richardson chosen to National Agent Board

Realty Austin named "Young Business of the Year" Realty Austin was awarded the Young Business of the Year honor by the Lake Travis Chamber of Commerce at the 22nd Annual Outstanding Achievement Awards luncheon at the Lakeway Resort and Spa. Austin's reigning top workplace, Realty Austin, received the award on the merit of its proven commitment and strong leadership to the Lake Travis community. Since opening its doors in June 2012, Jolene Weinstein has led the Realty Austin Lake Travis market center and delivered a 252 percent increase in sales by growing the office from six agents to 29 agents by the end of 2013. The highly productive team achieved over $150M in real estate sales in 2013. Weinstein, who was recently named Manager of the Year by Platinum Top 50 of Austin, said, "It is an honor to lead a business in an exceptional community like Lake Travis. This award recognizes the hard work of our talented team of agents and their commitment to world-class customer service. We celebrate them, as they are the ones who truly earned

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The website is developed with blocks on the homepage of the site, focuses on various areas of interests, such as: schools, hospitals, business partners, advice for first-time homebuyers, fun in the WC, and much more. Also included with the site is a full calendar of events where you can click a link to register for the event or fill out a form to contact the event host for more details. RL

Equator.com, the company chosen by the 16 largest banks in the country to manage and market distressed properties through real estate agents, has chosen veteran Austin profesTom Richardson sional Tom Richardson to serve on its National Agent Advisory Board for the next year. This is only the second year of Equator. com recognizing leading real estate agents for their expertise and knowledge, to improve the marketing of bank-owned properties through the Agent Advisory Board. Richardson is with RE/MAX Metro Realty and has 25 years experience in representing

properties for major banks across the country, as well as buyers in the Austin/Central Texas market. He and his wife, Pat Richardson, former education manager for the Texas Association of REALTORS and a former agent, operate Team Richardson, Inc. in marketing homes in finer areas of the Austin market, while representing buyers all over the world, in addition to being involved in the distressed home field. Tom is recognized widely in the REO (real estate owned) field as a marketing expert, with numerous industry honors and accredited designations. Equator.com has over 100,000 agents using its program, in association with banks and mortgage companies. RL

Peabody earns several company/industry accolades for 2013 Stanberry & Associates is pleased to announce that Terese Peabody has been awarded the Company Top Sales Agent of 2013 and the Dripping Springs Top Listing Agent. She has also been recognized as a Platinum Top 50 REALTOR of Austin 2013-2014 and the Texas Monthly Five Star Award for 2013. She also has earned the designation of the Certified Luxury Home Marketing Specialist. Terese is a Finalist for the Austin Business Journal Top 50 Residential Award. RL

Bill Stanberry and Terese Peabody

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All photos must be at least 300 dpi and include a caption with first/last name, company affiliation and a short description. Press releases must be fewer than 300 words. Calendar items are free to advertisers and $25 per submission for others. All submissions must be received at least seven calendar days prior to ad copy deadlines published at www.myrealtyline.com/blog/advertise.html. Submission items will be included as space allows.

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©2014 North American Title Group and its subsidiaries. All Rights Reserved. North American Title Group and its subsidiaries are not responsible for any errors or omissions, or for the results obtained from the use of this information. | TX14-4200 R 03-3-14

Putting a Face on Real Estate since 1995.™

RL austin

Putting a Face on Real Estate since 1995

www.myRealtyLine.com

March 2014

LENNAR®

More Than 200 New Homes Available for Quick Move-In! REALTORS® CAN EARN UP TO 4% COMMISSIONS*

LENNAR® 1. THE HIGHLANDS AT MAYFIELD RANCH Offering The Brookstone & Vista II Collections From the $270s For Details Contact: Jeana or Clayton 512-291-6947 3205 Mayfield Ranch Cove, Georgetown, TX 78626 2. TERAVISTA Offering The Springwood II Collection From the $210s For Details Contact: Lottie 512-248-8131 4924 Scenic Lake Drive, Georgetown, TX 78626 3. FALCON POINTE Offering The Brookstone, Lakeside & Oak Knoll III Collections From the $200s For Details Contact: Bruce 512-657-3326 or Cindy 512-736-2698 18825 Falcon Pointe Blvd, Pflugerville, TX 78660 4. BRADSHAW CROSSING Offering the Oak Knoll and Frontier Collections From the $170s For Details Contact: Eric 512-507-0404 10409 Premiere Park, Austin, TX 78747 5. STONEFIELD Offering The Brookstone, Fairfield & Oak Knoll Collections From the $180s For Details Contact: Sally 512-401-7717 135 Travertine Trail, Buda, TX 78610 6. SUMMERLYN Offering The Fairfield & Oak Knoll Collection From the $170s For Details Contact: Will 512-913-1863 or Denise: 512-777-9565 200 Mourning Dove Lane, Leander, TX 78641

VILLAGE BUILDERS 1. TERAVISTA - A GOLF COURSE COMMUNITY Offering The Provence Collection From the mid $300s For Details Contact: Debbie 512-808-8729 4211 Grand Vista Circle, Round Rock, TX 78665 IH 35 Exit 256, Right on University, Left onto Teravista Club Drive. 2. RIM ROCK Offering the Provence Collection and the Vistas by Lennar® From the mid $300s For Details Contact: Colin 248-342-5580 Please call to schedule an appointment. 3. ROUGH HOLLOW Offering The Provence Collection From the mid $400s For Details Contact: Jason 512-619-3148 201 Tavish Trail, Austin, TX 78738 N FM 620, Right onto Lakeway Boulevard, Left onto World of Tennis Square, Right on Tavish Trail. 4. THE RESERVE AT CABALLO RANCH - NOW SELLING! Offering The Provence Collection From the $300s For Details Contact: Jesse 512-774-8178 Ronald Reagan Blvd & CR 180, Cedar Park, TX 78641 5. SERENE HILLS - NOW SELLING! Offering the Canyon Collection From the $500s For Details Contact: Jesse 512-774-8178 Model Coming Soon

7. HUTTO HIGHLANDS Offering The Springwood II Collection From the $160s For Details Contact: Clyde 512-642-6260 115 Hendelson Lane, Hutto, TX 78634

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10. SOLA VISTA - NOW SELLING! Offering the Vista II Collection From the $400s For Details Contact: Will 512-809-8026 Model Coming Soon

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9. ENCLAVE AT ESTANCIA - NOW SELLING! Offering the Brookstone II & Vista II Collections From the mid $200s For Details Contact: Alexis or Christina 512-965-9347 Model Coming Soon

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8. WOODLANDS PARK Offering The Springwood II Collection From the mid $170s For Details Contact: Angie 512-470-3925 1299 Woodlands Drive, Kyle, TX 78640

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Call 512-774-8178 for Additional Details

LENNAR.COM/AUSTIN

VILLAGEBUILDERS.COM/AUSTIN

FOR REAL ESTATE PROFESSIONALS ONLY: In order to earn a broker co-op fee, broker must bring client into a welcome home center and register them on the client’s first visit. No commission will be paid when agent/broker is acting as a principal/buyer. Not valid if client has previously registered with Lennar, Lennar.com, Village Builders or VillageBuilders.com whether individually or with a broker. Lennar and Village Builders reserves the right to discontinue this program at any time. Other terms and conditions apply. See a new home consultant for more information. *Efective 03/15/14, 4% commission will be paid on select inventory homes that sell between 03/15/14 and 04/15/14. Homes must close and fund by 04/30/14. Contracts signed prior to 03/15/14 are excluded. Not valid in conjunction with any other offer. Offers, incentives and seller contributions are subject to certain terms, conditions, and restrictions, which may include use of designated lenders and closing agents. Offer good for a limited time only. Homes subject to prior sale. Prices, features and amenities are subject to change without notice. Visit Lennar.com or see a Lennar New Home Consultant for further details. Offer valid only in states where referrals are permitted. Copyright © 2014 Lennar Corporation. Lennar, the Lennar logo, Village Builders, the Village Builders logo and The Everything’s Included logo are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. (6818) 02/27/14

Putting a Face on Real Estate since 1995.™

RL austin

Putting a Face on Real Estate since 1995

www.myRealtyLine.com

March 2014

The team at North American Title hosts its annual “Real Men Wear Pink” Bowling Tournament to raise money for the Humane Society of Williamson County. This year’s event was held at Main Event in North Austin.

Buy photo: RL_030314_H.jpg at www.myRealtyLine.com

M/I Homes celebrates the grand opening of its first model home in Parkside at Mayfield Ranch in Leander. Bill Peckman, center, M/I Homes area president, has big plans for company growth in the region. The company donated $100 for every home sold in February to The American Heart Association’s Go Red For Women Program. Buy photo: RL_031114_T.JPG at www.myRealtyLine.com Submitted Photo

Steve Fohl’s glasses aren’t just hot – they are chili hot! All the better to see Lilli Dominy and the many votes their Haute House chili from JB Goodwin REALTORS was getting at the ABoR cook off.