in this issue…
Putting a Face on Real Estate since 1995™
• AYREP Happy Hour • Willow Bend Mortgage Georgetown Grand Opening • ABoR Realty Round Up • WCAoR Membership meeting • and much, much more!
Associates in Progress
TM
Page 25 NOVEMBER 2015 • VOLUME 20 • ISSUE 7
Austin neighborhoods: what's hot and what's not-as-hot By Riki Markowitz
Visit us online 24/7 at www.myRealtyLine.com
P. O. Box 81366, Austin, Texas 78708
TM
austin
RL
Putting a Face on Real Estate since 1995
Printed on recycled paper.
Presorted Standard U.S. Postage PAID Austin, Texas Paid Permit #715
Austin has been on a multi-year real estate streak, which should only be a surprise if your address is “Under this Rock.” Since 2010, for single-family homes, the number of units sold has increased more than 55 percent, or 10 percent year-over-year; median price increased 25 percent; and the average number of days on the market decreased from 77 days in 2010 to 47 days in 2014.
These numbers include all zip codes in Travis County and some in surrounding areas. When you take a microscope to specific pockets of the city, however, an interesting story develops – one in which a property that hits the market on Saturday already has multiple bids by Sunday. Not only are buyers laying cash on the table, but also, it’s not uncommon for determined shoppers to get into bidding wars and make offers that are thousands of dollars above list price.
Tracking Austin’s Hottest Hoods Experts agree that when it comes to residential home sales, the market will continue making gravity-defying strides. Forbes ranked Austin-Round Rock-San Marcos the number-one over-valued housing market in the U.S., at 19 percent. In April, ABoR president Barb Cooper, agreed, saying that cost of housing in the Austin area is more bloated than ever. Interestingly, skyrocketing prices
do not seem to be dissuading qualified buyers, which, predictably, is dominated by newly independent and financially stable millennials and those who have moved to central Texas from out of state to capitalize on the city’s low unemployment rate.
What makes a neighborhood “hot”? There are a few ways to quantify how a zip code achieves “hot-ness.” Each month ABoR and Texas A&M’s Real Estate Center collects data on a property from the time it’s listed in the MLS to closing. When you crunch these numbers and compare to data from past years, a pattern will emerge. In Austin, however, things are not so clear-cut. “I don't think there is a bell c u r v e with popular vs. unpopular neighborhoods right now,” says Shawn Rooker from Realty Austin. “At this point there is a shortage of inventory, so popularity doesn't compute.” Some neighborhoods may have better amenities than others, some have more shopping, better restaurants, or they’re closer to downtown, near major roads and public transportation. Cooper says that in her experience, every buyer has a list of conditions for what makes a particular neighborhood appealing. Buyers who have children look for good schools; young buyers want to be near downtown; many empty nesters are looking for low-maintenance housing, which also makes downtown an ever-more appealing option for anyone north of age of 40. But in
Front Page: Continued on page 28
Upcoming Events Wednesday, November 18 AYREP Happy Hour 5:30 to 7:30 p.m. - The Goodnight Wednesday, December 2 CRS Board Installation & Bimonthly Meeting 11:30 a.m. to 1 p.m. Westwood Country Club Thursday, December 3 HBA Holiday Social 4:30 to 7:30 p.m. - The Tile Shop AMBA Holiday Gala 6:30 to 11 p.m. - Stephen F. Austin Intercontinental Hotel WCREALTORS Board Installation & Awards Banquet 6:30 to 10:30 p.m. - United Heritage Center at Dell Diamond Tuesday, December 8 WCR Installation & Awards Ceremony - 11 a.m. to 2 p.m. Austin Country Club HBA Presidential Awards & Installation Luncheon 11:30 a.m. to 1 p.m. Phillips Event Center Wednesday, January 13 HBA 2016 Housing Forecast 7:30 a.m. to 11:30 a.m. JW Marriott Austin More at www.myRealtyLine.com
2
November 2015
RL
www.myRealtyLine.com
austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
elebrating Thank you to all our employees for your loyal and devoted dedication. You are all an integral part of the formula that has made our company one of the Top Work Places in the Austin area for the 6th consecutive year! For more on what our employees have to say, visit us at gracytitle.com/about-us/awards
Years of perfect CH3mistry. TOP
WORK
PLACES
2010
TOP
WORK
PLACES
2011
TOP
WORK
PLACES
2012
TOP
WORK
PLACES
2013
TOP
WORK
PLACES
2014
TOP
WORK
PLACES
2015
RL
Putting a Face on Real Estate since 1995.™
austin
Austin Board of REALTORS®
TM
Putting a Face on Real Estate since 1995
President’s Column By Barb Cooper • 2015 President
We’ve had a busy year
2
015 has already proven to be one of our busiest years on record. There continues to be plenty of action going on in Central Texas and at ABoR. This is a great time to recap some of the most exciting changes we’ve ever had.
New realtor.com profile experience By now, you should have visited realtor. com/RealEstateAgents to claim your profile and taken advantage of the beta test period. If you did, your profile should be full of reviews and recommendations from your clients and peers, and your online presence thanks you for it. If you haven’t yet, not to fear! You can still visit realtor.com/RealEstateAgents, search for your name in Austin, TX, and claim your profile. It really is that easy! We also want to hear from you. Your feedback on these beta profile features helps shape this product for consumers and agents. You can provide feedback by emailing realtorprofile@realtor.com, calling 866-665-1738, or
joining this private Facebook group: bit.ly/ ProfileFeedback. As more REALTORS claim and build their profiles, we’ll all benefit. The new ABoR.com’s Find a Member tool uses a REALTOR’s realtor. com profile to display contact information for others to connect with. You have the power to not only improve the Find a Member experience for yourself, but also for others by making sure your profile is claimed AND asking your agents and peers to do the same. Thank you for your patience as we work to improve the entire Find a Member experience.
Highlights of the new ABoR.com The new ABoR.com has been live for over a month, and there are many reasons to love the improvements. With the mobile-friendly design, I’m able to find the resources I need and learn more about the issues important to my business. Speaking of valuable resources, have you checked out the Resource Library? It’s my go-to place to quickly find any past training materials or documents. That includes Ma-
www.myRealtyLine.com
November 2015
trix information and troubleshooting documents, both of which save me potential time on the phone. I also save time by hopping right where I need using the homepage Quick Links and the Power Buttons (available on every page). The Quick Links will get you where you need to go in just one click, including the latest market stats, your member benefits, and Board of Directors information. The Power Buttons— Access MLS, Find a Member (remember to fill out your realtor.com profile!), and My Account—keep you connected to the website’s most visited pages no matter what page you’re on. We’re also focused on keeping you in touch with what you need to know. Visit the new ABoR Blog, which has regular posts on ABoR news, MLS updates, market updates, and much more! ABoR members will begin
the new year with these new, powerful technology tools!
The Canyon View Events Center The brand-new Canyon View Events Center, which has already hosted some popular ABoR events, is now available to the public to rent. It’s a beautiful venue that is perfect for any type of work function get-together. It can host groups as small as 20 or as many as 320! We’ve all seen the outstanding views the patio has to offer, and we’re excited to share the event center with the rest of Central Texas. If your office or real estate group would like to find out more about renting the Canyon View Events Center, visit CanyonView.com. Did I mention that ABoR members receive a 10 percent discount on renting the space? I hope you and your family have a wonderful and safe holiday season! RL
ABoR Academy Educational Courses Nov. 20: Introduction to Matrix (TREC # 03-00-057-28941) Nov. 23: Know Your Code: Articles 10-13 (TREC #:01-00-125-26590) Nov. 23: Professional Standards for REALTORS® (TREC #: 03-00-027-28212) Nov. 24: Green MLS: The Key to Unlocking the Green Home Market (TREC #:03-00-066-27366) Nov. 30: Agent Responsibility (TREC #:03-00-077-28921) Dec. 1: Maintenance & Habitability of Residential Rentals (TREC #03-00-017-28119) Dec. 1: Property Management Business Issues (TREC #03-00-017-28119) Dec. 2: Introduction to Matrix – Williamson County (TREC #03-00-057-28941) Dec. 2: TAR Residential Leasing and Property Mgmt Agreement (TREC #03-00-017-28117)
More at www.ABoR.com/courses
Ryan Rogers
Tara Adelman
escrow officer
e s c r o w a s s i s ta n t
Beth Acton
Kim Correa
Jennifer Brennan
b u s i n e s s c o n s u lta n t
branch manager/escrow officer
escrow receptionist
First American Title - Round Rock Office 2400 South IH 35, Suite 190 | Round Rock, TX 78681 Phone: 512.920.0316
3
©2015 First American Financial Corporation and/or its affiliates. All rights reserved. | NYSE: FAF | TX - 10/2015 First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates.
4
November 2015
RL
www.myRealtyLine.com
austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Derrick Miller, Ashley Anyankor, Robert Eckrich and Shannon Murray, all of Brohn Homes, reach out to REALTORS at ABoR’s Realty Round Up to show off the new home inventory the Austin builder has to offer. Brohn Homes purchased a booth at the annual industry trade show for REALTORS at Palmer Event Center. Buy Photo: RL_110515_K.jpg at www.myrealtyline.com
Pam Gilmour and Debbie Horridge, both of the HBA, sit back and relax now that the Big Texas Sporting Clay Shootout has gone off without a hitch.
Buy Photo: RL_110215_B.jpg at www.myrealtyline.com
Willow Bend regional manager Penny Green, third from right, thanks sponsors who helped make the grand opening of the Georgetown office a memorable event. Buy Photo: RL_110415_J.jpg at www.myrealtyline.com Buy Photo: RL_110815_F.JPG at www.myrealtyline.com
AJ Abrams, Tammy Gardner and Shaunna Terry, all of JB Goodwin REALTORS, unveil the new company look at the company’s sales meeting held at the WCREALTORS auditorium in Round Rock.
THE PRESERVE
AT MAYFIELD RANCH
Last Chance for Your Clients to Own in The Preserve at Mayfield Ranch Homes start in the low $200s and include upscale finishes and the latest energy-saving appliances. Don't let your clients miss the chance to own a beautiful new home in this popular Round Rock community!
HOME AND COMMUNITY FEATURES: • Modern Garden Homes • Seven Open Floorplans from 1297 sq ft - 2609 sq ft • Private, Gated Entrance • Customized to Your Individual Style • Private Community Pool, Playscape and Pavilion • Located at the Crossroads of Round Rock, Cedar Park, and Georgetown FM 1431
N
W
Visit preserveatmayfieldranch.com/realtor or call 512.733.2222 to Download Our Buyer Packet with Floorplans and Feature Sheets
l.-E
s
Only 25 Lots Remain!
3451 Mayfield Ranch Blvd
I Round Rock, TX 78681 I
512-733-2222
{il
Putting a Face on Real Estate since 1995.™
RL austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
November 2015
2015
BE HOME
Quality. You deserve it. Your quality of life deserves a quality-built home. That’s why our everyday commitment is to build quality homes and provide outstanding customer service.
ENERGY-EFFICIENT QUALITY Every new KB home is ENERGY STAR® certified and includes features that have been designed to help save you money.
All new KB homes feature an EPG®: an Energy Performance Guide® that shows you the home’s energy efficiency, and an estimate of your average monthly energy costs and monthly savings vs. a typical resale home.
WaterSense®-labeled KB homes, built in select communities, are designed to use 20% less water than a typical new home.
QUALITY RECOGNITION WaterSense 2015 Sustained Excellence Award Winner (First and only homebuilder to receive designation)
ENERGY STAR Partner of the Year, Sustained Excellence Award 2015 (Five consecutive years)
ENERGY STAR Partner of the Year, Climate Communications Award 2015 (First and only homebuilder to earn the distinction – two years in a row)
Broker Cooperation Welcome. ©2015 KB Home (KBH). ENERGY STAR®, the ENERGY STAR mark and WaterSense® are all registered U.S. trademarks. KB Home reserves the right to change or discontinue features, options, products, materials and suppliers at any time without notice. Nothing herein shall be deemed an irrevocable guarantee or commitment that the home will be built with specific products or with products from any specific manufacturers. Photos may depict upgraded landscaping/options and display decorator items/furnishings not available for purchase, and may not represent lowest-priced homes. See sales counselor for details. AUS-45617
5
6
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
When your clients need a choice, consider the team at Hometrust Mortgage. Kyle Bierschwale, Janell Lewis and Kelly McClanahan, all of Hometrust Mortgage, wait eagerly to meet REALTORS at ABoR’s Realty Round Up.
Buy Photo: RL_110515_BD.jpg at www.myrealtyline.com
Linda Burns of JB Goodwin REALTORS and Kent Prickett of WCREALTORS get ready to kick off the Association’s General Membership Meeting.
Buy Photo: RL_110215_E.jpg at www.myrealtyline.com Buy Photo: RL_110615_H.jpg at www.myrealtyline.com
In this time of gratitude, we want to THANK those we have worked closely with for being valued clients. It has been a pleasure serving you this year and we look forward to working with you for many more enjoyable years to come. We at Patten Law Firm wish you a very
Happy Thanksgiving We are pleased to welcome our newest team member! Kathy Ahrens, Escrow Officer 21 years of title experience 3 locations to serve you at the Arboretum, Davenport Village, and Avery Ranch
Patten Law Firm
A Closing Office For Texas American Title Company
512.241.1818 | www.PLFPC.com
HBA President Walter Elias of Brookfield Residential and April Solomine of Standard Pacific Homes head to the next station at the HBA’s Big Texas Sporting Clay Shootout at Capitol City Skeet & Trap.
RL
Putting a Face on Real Estate since 1995.™
austin
Williamson County Assoc. of REALTORS®
TM
Putting a Face on Real Estate since 1995
President’s Column By Jack Stapleton • 2015 President
It’s about time
U
.S. House speaker Paul Ryan, gavel in hand, stepped into his new office to discover it was stained with a heavy odor of cigarette smoke. His predecessor, John Boehner, was a heavy smoker and had regularly smoked in the office for years. The topic of health is personal to Ryan and he is known for being fitness-conscious and for good reason. His father died at age 55 of heart disease. Heart disease runs in Ryan’s family and both his father and grandfather died in their 50s. Ryan was 16 years old when his father died and has since been practiced regular intense crosstraining fitness programs so he can maximize his longevity and time. Ryan lives in Janesville, Wisconsin with his wife Janna and their three kids Liza, Charles, and Sam. Ryan commutes back and forth to Washington every week but during the week sleeps on a cot in his office. "I just work here. I don't live here. So I get up very early in the morning. I work out. I work until about 11:30 at night. I go to bed. And I do the same thing the next day," Ryan said to reporters.
Together is better.
"It actually makes me more efficient. I can actually get more work done by sleeping on a cot in my office. I have been doing it for at least a decade, and I'm going to keep doing it." Ryan is now second in the line of succession for U.S. President. He has climbed to one of the highest offices in the land and the youngest to do so since 1875. Ryan has a close relationship with his wife and kids, finds the time to workout regularly and has kept himself in excellent health, is deeply religious and regularly attends services, is an avid fisherman, and finds success in every area of his life. Ryan is an excellent leader and manager. The difference between the two is important to understand. Management is managing systems and processes, while leadership is leading and motivating and empowering people. Ryan has been focused on maximizing his time since a young age and has mastered the art. Ryan is a perfect case study. In the end, time is our most valuable resource and the area in our lives that most simply do not manage. They instead just go through their day reacting to situ-
www.myRealtyLine.com ations and letting distractions play a huge role in their day. Being an effective long-term Real Estate Practitioner requires mastering the management of time or risk either burn-out or failure. We are continually pulled in many directions at once and unquestionably distracted at every turn. With faith, family, work, friends, community involvement, and giving back to our industry all vying for the same 24 hours in each day, what can you do to maximize your time, maximize your success, and maximize your relationships? Our mind, body, and spirit need attention, time, and exercise. I recommend the 10,000 steps every day routine. It is low impact and is better on your knees and joints than running or jogging. Studies have proven that taking 10,000 steps per day lowers your risk of heart disease, burns fat, increases energy, and helps keep your dopamine and serotonin levels healthy. I specifically enjoy a two-mile walk in the evening, which affords me time to reflect on the day’s events to process them and prepare for my next day ahead. It is also a great time to get in the habit to take your supplements and drink that needed extra glass of water to aid against dehydration and inflammation. This is time well spent. If you can make this a daily habit, you will feel better and be more focused. I recommend time blocking three hours each morning for contacting your sphere, following up on leads, and setting appointments. If you make this part of your daily habit, you will put good habits into practice that has great rewards. You must start your day with a plan. Time block for your most important work task – lead generation and keeping in close contact with your sphere, where your business should be coming from.
November 2015
7
Taking care of our bodies, our minds, nurturing our relationships, focusing only productive quality time on work related endeavors, and setting goals, setting limits, and being held accountable is the foundation of taking back control of your time. Make a mental list every night during your exercise and put it to paper in the morning. I hear so many people asking me where I find the time, and that they are so incredibly busy and stretched so thin. If you suffer from time management woes, I recommend removing social networking apps from your phone. Turn your ringer on soft and get out of the habit of checking your phone every few minutes. During work hours, make your phone less an entertainment HUB and more of a productivity tool. 2015 is quickly coming to a close. Did you set goals this year? If so, are you on track? November is the month to begin your business planning for 2016 and you should begin your planning by sharpening your skills. There are many excellent time management books on the shelves. I recommend three: "Good to Great," "Getting Things Done," and the "Organized Mind." End the year strong by putting some new time management practices into place, remember the basics; keep yourself mentally and physically healthy. Remember Paul Ryan’s focused work to maximize his longevity and time. Nurturing each minute. Keep up with your spheres and time block, remove as many unneeded distractions as you can so that you can focus on having quality time to practice your faith, to spend with family, laugh with friends, networking with coworkers, and to give back to our industry and community. The time it takes to manage your time is time well spent. RL
JOIN THE
MOVERS & SHAKERS At RE/MAX, you’re among real estate agents who take themselves seriously. We’re talking forward-thinking professionals who do anything but ride on the coattails of others. We’re a talented league of agents – and you’re a perfect fit. Join our team.
©2015 RE/MAX, LLC. Each RE/MAX® office is independently owned and operated. 15-39450
8
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Denny Holt of Denny Holt REALTORS and Bill Morris of RE/MAX Capital City attend the ABoR Broker Forum to learn more about Proposition 1.
Buy photo: RL_100915_M.jpg at www.myrealtyline.com
ABoR Director Jason Peebles of J. Stafford Group and ABoR’s Director of Operations Emily Chenevert, learn the details of Proposition 1 at the WCR monthly breakfast meeting at ABoR’s offices.
Buy Photo: RL_110615_A.jpg at www.myrealtyline.com
The team at RE/MAX 1 take time to staff the RE/MAX of Texas booth at Realty Round Up. Pictured left to right are Molly Marino, Joy Herring and Tim Kress. Buy Photo: RL_110715_Z.JPG at www.myrealtyline.com Buy Photo: RL_110515_BC.jpg at www.myrealtyline.com
Congratulations
AYREP president JD Cobb presents an iPad to door prize winner Josh Klotzbach of Texas Stars Hockey at the real estate networking group’s recent fundraising event at the Zilker Clubhouse.
October
Top Producer Cameron Phelps
Loan Officer NMLSR # 1381594 Mobile: 909-921-5712 Office: 512-334-1083 (81092) Cphelps@starkeymtg.com
A Solid, Proven, and Committed Lender!
WR Starkey Mortgage, LLP NMLSR# 2146 | 12301 Research Blvd., Suite 150, Austin, TX 78759 | This is not a guarantee of financing. All borrowers must meet certain underwriting guidelines and credit criteria. Rules and Regulations may apply.
Putting a Face on Real Estate since 1995.™
RL austin
TM
Putting a Face on Real Estate since 1995
www.austintitle.com
Josh Williams President josh.williams@austintitle.com 512.632.7507 Mobile
www.myRealtyLine.com
November 2015
Counting you among our customers is something for which we are especially GRATEFUL. As we wind down 2015 and move into the New Year, please know that we look forward to our next opportunity to be of service. On behalf of all of us, we wish you a very Happy Thanksgiving and a joyous year's end.
North Office Deborah Eagan VP/Escrow Manager deborah.eagan@austintitle.com 512.459.7222
Spicewood Springs Office Susan Graham AVP/Branch Manager/Escrow Officer susan.graham@austintitle.com 512.346.4020
I-35 Office Monica Perez Escrow Officer monica.perez@austintitle.com 512.712.1618
Janice “JJ” Hataway Senior Vice President Operations Manager janice.hataway@austintitle.com 210.837.2217 Mobile
Spicewood Springs Office Jody Wiltsey AVP/Escrow Officer jody.wiltsey@austintitle.com 512.346.4020
Richard Ethridge Commercial Business Development richard.ethridge@austintitle.com 512.784.5960 Mobile
Roxanne Ford Vice President Director of Business Development roxanne.ford@austintitle.com 512.771.1195 Mobile
Spicewood Springs Office Sandi Gillis AVP/Escrow Officer sandi.gillis@austintitle.com 512.346.4020
Becky Hopkins AVP/Business Development becky.hopkins@austintitle.com 512.656.7095 Mobile
North Office Tiffany Isaacs AVP/Escrow Officer tiffany.isaacs@austintitle.com 512.459.7222
Spicewood Springs Office Christine Herrera Escrow Officer christine.herrera@austintitle.com 512.346.4020
Cheryl Scully AVP/Business Development cheryl.scully@austintitle.com 512.632.5136 Mobile
North Office Sheri Brown Escrow Officer sheri.brown@austintitle.com 512.459.7222
Round Rock Office Emily Morris Escrow Officer emily.morris@austintitle.com 512.244.2266
Leslie Linder AVP/Business Development leslie.linder@austintitle.com 512.415.6706 Mobile
North Office Amy Weaver Escrow Officer amy.weaver@austintitle.com 512.459.7222
Round Rock Office Veronica Harrison Escrow Officer veronica.harrison@austintitle.com 512.244.2266
Jenny Newman AVP/Business Development jenny.newman@austintitle.com 512.426.7865 Mobile
North Office Kara Strobel Escrow Officer kara.strobel@austintitle.com 512.459.7222
Downtown Office Troy Conover Vice President/Branch Manager troy.conover@austintitle.com 512.329.0777
Felisha Cockran Business Development felisha.cockran@austintitle.com 936-371-3161 Mobile
Westlake Office Tracey Hendrix AVP, Comm./Residential Escrow Officer tracey.hendrix@austintitle.com 512.306.0988
Downtown Office Criselda Ayala Escrow Officer criselda.ayala@austintitle.com 512.329.0777
Brittany Byrd Morrison Business Development brittany.morrison@austintitle.com 512.751.0870 Mobile
Northland Office Dana Lynch Escrow Officer dana.lynch@austintitle.com 512.954.6385
Downtown Office Pamela Beauchamp Escrow Officer pamela.beauchamp@austintitle.com 512.329.0777
John Lockhart Business Development john.lockhart@austintitle.com 512.589.5646 Mobile
Cedar Park Office Erin Precopia AVP/Branch Manager/Escrow Officer erin.precopia@austintitle.com 512.823.2800
Bastrop Office Karen Cannon Branch Manager/Escrow Officer karen.cannon@austintitle.com 512.303.9633
Tina Fucile Business Development tina.fucile@austintitle.com 512.789.7912 Mobile
Cedar Park Office Jennifer Hunziker Escrow Officer jennifer.hunziker@austintitle.com 512.823.2800
Bastrop Office Dalana Goetz Escrow Officer dalana.goetz@austintitle.com 512.303.9633
Pam Carroll AVP/Business Development pamela.carroll@austintitle.com 214.738.9888 Mobile
9
10
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Adam Hail and Renee Watkins, both of JB Goodwin REALTORS, say “out with the old, in with the new look.” The company recently launched its new, refreshed look at the company sales meeting.
Buy Photo: RL_110415_E.jpg at www.myrealtyline.com
Jay Brummett of Jay Brummett REALTORS and Ann Marie Sandlin of Jay Gohil Realty think they know how they are going to vote in the constitutional election after hearing details on Proposition 1 at the Women’s Council of REALTORS monthly breakfast meeting.
Buy Photo: RL_110715_O.JPG at www.myrealtyline.com Buy Photo: RL_110615_B.jpg at www.myrealtyline.com
Lorena Zuniga of Capital Title and Mariah Wilde of Legacy Ranch attend the AYREP event to raise funds for BIG, a Georgetown community where adults with special needs contribute to the world.
Putting a Face on Real Estate since 1995.™
RL austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
November 2015
11
12
November 2015
RL
www.myRealtyLine.com
austin
Putting a Face on Real Estate since 1995.™
TM
Putting a Face on Real Estate since 1995
Bret Williams, Beth Armstrong and Jon Prussel, all of Ameripro Home Loans, meet hundreds of REALTORS at the ABoR Realty Round Up trade show at Palmer Event Center.
Buy Photo: RL_110515_X.jpg at www.myrealtyline.com
Rich Caudle of Longhorn Mortgage, Linda Picazo of Keller Austin Portfolio Real Estate and Sam Sotelo of Accent Insurance show their support for the Texas Longhorns and the Baylor Bears at the football-themed party AYREP hosted at the Zilker Clubhouse. Buy Photo: RL_110715_F.JPG at www.myrealtyline.com
What? No motor? Annette Corbin, second from left, of Willow Bend Mortgage, marvels at the empty engine in this electricpowered Tesla during the grand opening of the mortgage company’s Georgetown branch.
Buy Photo: RL_110615_I.jpg at www.myrealtyline.com
Elizabeth Schneider of the Texas Association of REALTORS makes sure that King Bravo of Nextage Loan Star Realty does not forget to vote for Proposition 1 that helps to reduce property taxes in the State’s constitutional election.
Buy Photo: RL_110815_E.JPG at www.myrealtyline.com
PrimeLending Capital City Conventional, FHA, VA, USDA, & Jumbo to name only a few loan products!
Candy Buzan Branch Manager The Candy Buzan Team
Max Leaman Branch Manager The Leaman Team
Kim Nielsen Production Manager The Candy Buzan Team
Amy Bailey Oehler Production Manager The Leaman Team
Marie Cyr
Diane M. Clark
Jori Stern
Amanda Stewart
The Leaman Team
The Leaman Team
Missy Driskell
Trudy Savage
Eiric Smith
Mary Kennedy
Two Great Locations! © 2015 PrimeLending, a PlainsCapital Company. PrimeLending, a PlainsCapital Company (NMLS: 13649) is a wholly owned subsidiary of a state-chartered bank and is an exempt lender TX V121013. NMLS 268025 (Clark), NMLS 179666 (Kennedy), NMLS 180066 (Driskell), NMLS 180854 (Savage), NMLS 151263 (Leaman), NMLS 225339 (Bailey), NMLS 177299 (Stern).
810 Hester’s Crossing, Suite 150 Round Rock, TX 78681 3724 Executive Center Drive, Suite 110 Austin, TX 78731
Putting a Face on Real Estate since 1995.™
RL austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
November 2015
13
The Lake Travis Chamber of Commerce welcomed Century Communities with a Ribbon Cutting at its new model home in Rough Hollow Lakeway.
Submitted Photo
Lauren Pugh and Robert Martinez, both of JB Goodwin REALTORS, tell us to look out for all their new signs around town since the company recently unveiled a new look.
Buy Photo: RL_110415_A.jpg at www.myrealtyline.com
HBA members take aim at the HBA’s Big Texas Sporting Clay Shootout.
Buy Photo: RL_110115_D.jpg at www.myrealtyline.com
Leigh Hilliard of Keller Williams Realty learns the do’s and don'ts of self defense from self-defense instructor Regina Rowley while attending a self-defense class hosted by WCR Austin.
Exceptional Living
FROM THE UPPER $200’S • Highly Acclaimed LAGO VISTA ISD • • Award-Winning BUILDERS • • Resort-Caliber AMENITIES • • Extensive TRAIL SYSTEM •
On the north shore of Lake Travis, at the footsteps of the majestic Texas Hill Country, rests Tessera, an approximately 875-acre master-planned community offering an urban oasis of outdoor recreation and resort-caliber amenities with all of the conveniences of city living.
InspIred MoMents, InspIred LIfe. TesseraOnLakeTravis.com
Buy Photo: RL_110215_D.jpg at www.myrealtyline.com
14
www.myRealtyLine.com
November 2015
RL austin
Putting a Face on Real Estate since 1995.™
TM
Putting a Face on Real Estate since 1995
Alicia Ward and Mike Ward, both of 12 Rivers Realty, show their support for the Texans at the AYREP networking event at the Zilker Clubhouse.
Buy Photo: RL_110715_A.JPG at www.myrealtyline.com
No fooling. Willow Bend Mortgage professionals Tim Dockery, Annette Corbin and Crystal Keiser are serious about serving their customers with a smile…and sometimes a hat.
Buy Photo: RL_110515_P.jpg at www.myrealtyline.com
Joy Herring of RE/MAX 1 looks for the keys to hop in and take some clients on a listing tour around Austin. This beautiful Rolls Royce was on display at ABoR’s Realty Round Up Red Carpet Affair.
Submitted Photo
IS NOW
NMLS #149932
Put your Trust in our Experience With over 100 years of combined industry experience, our executive team continues to take aggressive steps to innovate and improve the industry.
Host an Open House in our Community 512.745.9443 weloverealtors@centurycommunities.com
(512) 450-1222
4807 Spicewood Springs Rd., Bldg. 1, Ste 1100 195
Williams Dr.
Rd .
2 ll
11
Lake Georgetown
3
Sh e
195
183
35
Leander
35 Limmer Loop
31 FM 14
43
31
12
0
FM 14
Cedar Park
RR
620
RR
22
98
79
110
Round Rock
Crystal Falls Pkwy
62
4
10
RR
FM 22
45
130
71
22
6
Pflugerville
13
1
Lake Austin
9 10
35
Austin
1
7 12
150
290
Butler Ranch Rd
163
45
3. HERITAGE OAKS 4805 Big Bend Trail Georgetown, TX 78633 512.930.4005 HIGH $200s
9. ROUGH HOLLOW 303 Borgo Allegri Cove Lakeway, TX 78738 512.271.3823 LOW $400S
4. CRYSTAL FALLS 3203 Crystal Falls Parkway Leander, TX 78641 512.931.2800 LOW $500s
10. REAGAN’S OVERLOOK 2900 Vista Heights Leander, TX 78641 LOW $400S 512.271.3787
5. RIMROCK 1043 Arbor Canyon Pass Driftwood, TX 78612 512.354.1940 MID $400s
11. BLACKHAWK 20425 Martin Lane Pflugerville, TX 78660 512.271.3790 LOW $300S
6. AVALON 3805 Glastonbury Trail Pflugerville, TX 78660 512.271.3884 HIGH $200s
12. PEARSON PLACE AT AVERY RANCH 10105 Double Eagle Pass Austin, TX 78717 512.271.3855 LOW $400S
290
Bee Creek Pkwy
Dripping Springs
8. SIENA 7021 Leonardo Drive Round Rock, TX 78665 512.271.3785 LOW $200s
Richie Rodriguez
Scott Sewell
rrodriguez@ hometrust.com
ssewell@ hometrust.com
sales manager
Michael Snyder msnyder@ hometrust.com
vp production
NMLS #222698
NMLS #211987
Kyle Bierschwale kbierschwale@ hometrust.com
Bradley Rife
NMLS #1102707
Rowe Lane
11 Kelly Lane
Lake Travis
Lakeway
1. WOODLAND PARK 101 W. Redbud Meadow Georgetown, TX 78633 512.930.4043 LOW $400s
Georgetown Ronald Reagan Blvd
or s Realt ut 29 o Liberty Hill a ask b S INCENTIVE
35
1826
5
www.CenturyCommunities.com/Austin Century Communities is proud to be verified by the internationally-recognized LEED for Homes Green Building Program. A LEED-certified home is designed and constructed in accordance with the rigorous guidelines of the LEED for Homes green building certification program. LEED for Homes is a consensus-developed, third party verified, voluntary rating system which promotes the design and construction of high-performance green homes. Prices, plans, and features are subject to change without notice. Upgrade elevations may reflect a higher price. Photos are not necessarily reflective of current standard features. 08.27.2015
7. BUTLER RANCH 145 Lloyd Lane Dripping Springs, TX 78620 512.271.3784 LOW $400S
NMLS #1150439
sales manager
brife@ hometrust.com
Lynn Edgar ledgar@hometrust.com NMLS #221412
NMLS #221487
Kelly McClanahan kmcclanahan@ hometrust.com NMLS #1180578
www.hometrust.com
Putting a Face on Real Estate since 1995.™
RL austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
November 2015
GIGABIT
GALO 1 GI SPEED NG OF INTERNETRE! OW AVA ILABLE
OUR HOMES MOVE GIGA-FAST TOUR WITH YOUR CLIENT TO BE ENTERED TO WIN A $500 NORDSTROM GIFT CARD.
FEATURED HOME BY DAVID WEEKLEY HOMES | $200s-$400s
Experience Ranch Life @ WARP SPEED
Our move-in ready homes are fast – now homes at Santa Rita Ranch can receive 1 Gig of internet speed! With 20 move-in ready homes available, make a sale today to be eligible for $100 Visa gift card and Santa Rita Swag. AND if you tour our Ranch House Welcome Center and 8 beautiful model homes you’ll be entered to win a $500 Nordstrom gift card. Visit SantaRitaRanchAustin.com/RealtorCash for details.
HOW FAST IS 1 GIG? SEE THE DOWNLOAD SPEEDS BELOW. SANTARITARANCHAUSTIN.COM HD MOVIE
24 seconds
ONLINE VIDEO GAME
4 seconds
8 OF YOUR FAVORITE SONGS
.3 seconds
FROM THE $200s - $700s 50 PHOTOS
1 second
CASTLEROCK · DAVID WEEKLEY · GRAND HAVEN · HIGHL AND HOMES · PULTE HOMES · SCOTT FELDER HOMES · WESTIN HOMES · WI L SHI R E HO M E S *Download and upload speeds are maximum speeds; they may vary and are not guaranteed. Internet includes monthly data plan. Speed comparisons are dependent on the High-Speed Internet service tier selected and are based on download speeds vs. standard 3 Mbps DSL service. DOCSIS 3.0 modem or greater required.
15
16
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Say hello to the First American Title crew, reporting from The Realty Round Up Red Carpet Affair.
Buy Photo: RL_110515_L.jpg at www.myrealtyline.com
Austin Portfolio Real Estate, a luxury boutique model for Keller Williams Luxury Homes International, celebrates when seven agents are selected as Semi-Finalists in the 2016 Austin Platinum Top 50 REALTOR Awards.
Submitted Photo
Members of the Women’s Council of REALTORS attend a self-defense class to be better prepared and empowered in the event of an attack. Buy photo: RL_100315_D.jpg at www.myrealtyline.com Buy photo: RL_100915_C.jpg at www.myrealtyline.com
THE GROVE
A luxury, gated condo community located on East 51st Street!
NOW SELLING!
• Starting from the $290s • Condos from 1,334 to 1,965 sq. ft. • Individual yards and one-car garages • Modern architecture & urban living • Low tax rate • Less than 5 minutes to downtown Austin • Limited availability!
Contact Anne Ford for additional information. annef@brohnhomes.com 512.554.5198
BROHNHOMES.COM
Eric Johnston of Keller Williams Realty and Laurie Engle of Reilly Realty enjoy a great view of the city skyline during the AYREP event at the Zilker Clubhouse.
RL
Putting a Face on Real Estate since 1995.™
austin
Home Builders Assoc. of Greater Austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
November 2015
17
President’s Column By Walt Elias • 2015 President
T
MAX Awards Call for Entries is Out: Prepare for a Night in the Emerald City
he HBA’s Sales and Marketing Council’s MAX Awards Committee is working hard to bring together a worldclass Awards Gala for members of the HBA of Greater Austin on April 2nd. In 2016, builder, developer, remodeler and associate members of the HBA will be whisked off to spend a Night in the Emerald City as we pay homage to the Wizard of Oz film classic. Some notable changes have been made that I think will make an impact for years to come. First, new categories have been added to reflect the reality of today’s market. We will now not only recognize the REALTOR of the Year, but also a Real Estate Team of the Year and Real Estate Broker of the Year. In addition, up to three Volume Builders will be recognized in their respective tiers for the Grand MAX Builder of the Year. Plus, new categories to recognize Best Community Design, Best Community Lifestyle and Best Unique Feature for a Community are all new categories that when results are tallied, new Grand MAX Master-Planned Community of the Year and Grand MAX Community of the Year (non
master-planned) awards will be presented. It’s not just the new categories that make the 2016 program a step above previous years. This time, on-site judging will be introduced for the new community categories as well as for model home merchandising categories. Coupled with a new “casting” video submission option for individual awards, and this year’s judges will be more up close and personal with award entries than ever before. The call for entries opened on November 12th with all entries due by February 8th. The highly anticipated “Night in the Emerald City” MAX Awards Gala will take place at the new JW Mariott Austin hotel on South Congress followed by an after party that will be “Over the Rainbow.” Tickets are $100 per person. There are several promotional opportunities for members of the HBA. To learn more visit www.HBAMAXAwards.com. Help us celebrate the most premier night of 2016. “There’s
Buy Photo: RL_110515_N.jpg at www.myrealtyline.com
no place like Austin.” RL
Alisha Austin of Austin Options Realty goes from the red carpet to the green for prizes at Realty Round Up.
18
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Kathy Uhrig, Renee Watkinz and Hellena Frazier, all of JB Goodwin REALTORS, realize that with a new brand comes fun new stationary, business cards and more!
Buy Photo: RL_110415_C.jpg at www.myrealtyline.com
Elizabeth Schneider of the Texas Association of REALTORS visits with Avis Wukasch of Keller Williams Realty at the WCREALTORS’ General Membership Meeting.
Buy Photo: RL_110715_H.JPG at www.myrealtyline.com Buy Photo: RL_110615_F.jpg at www.myrealtyline.com
Seth Thompson and Matt Witte, both of Home City Real Estate, enjoy a unique view of the Austin skyline while attending the AYREP fundraising event at the Zilker Clubhouse.
RL
Putting a Face on Real Estate since 1995.™
austin
www.myRealtyLine.com
TM
Putting a Face on Real Estate since 1995
November 2015
In the finest communities across the Austin area. 183
1
Georgetown
29
29
Provence Collection From the mid $400s 79 780 Bluff Woods Drive, Driftwood, 78619 Contact: Jeff 512-796-0683
5 35
130
4
N
2
79
Round Rock 45
map not to scale
Taylor
ROUGH HOLLOW Overlook Ridge - Gallery Collection From the high $300s 116 Blue Clearing Way, Austin 78738 95 Contact: Denise Dianne 949-463-8157
183A
Cedar Park
RIM ROCK
The Vineyards - Grandview Collection Paired Homes Coming Soon! From the $300s For Appointment: Denise Dianne 949-463-8157 95 35
71
Lakeway
2
360
3
183
3 West Lake Hills
Manor
Canyons Collection Contact: Denis Dianne 949-463-8157 Elgin COMING SOON!
290
4
290
THE RESERVE AT CABALLO RANCH 290 Provence Collection From the high $300s 103 CR 180 Unit 47, Leander, 78641 Contact: Angie 512-287-2428
130
Dripping Springs
LOS SENDEROS AT SERENE HILLS
290
95
5 71
1
183 71
Distinct. Timeless. Perfection. 45
TERAVISTA Provence Collection From the high $300s Contact: Toni 530-400-1813 1116 Teravista Crossing Georgetown, TX 78626
Since 1973 45 21
Cedar Creek
35
Kyle
21
5 % Re a
Commi ltor ssion!*
VILLAGEBUILDERS.COM/AUSTIN Maps are not to scale and are for relative location purposes only. Prices subject to change without notice. Village Builders makes no guarantee as to availability of homes within the prices stated above. FOR REAL ESTATE PROFESSIONALS ONLY: In order to earn a broker commission 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 Village Builders or Villagebuilders.com, whether individually or with a broker. 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. *Offers available on select homes with fully executed Purchase and Sale Agreements between 11/1/15 and 11/30/15. Home must close and fund by date listed on Purchase and Sales Agreement. Fully executed Purchase and Sale Agreements prior to 11/1/15 are excluded. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions, which may include use of designated lenders and closing agents. Certain incentives could affect the loan amount. Offer good for a limited time only. Village Builders reserves the right to change or withdraw any offer at any time. Offer is subject to borrower meeting approval guidelines. Terms are subject to change without notice. Contact a New Home Consultant for details. Images are solely for illustrative purposes and should never be relied upon. Features, amenities, floor plans, elevations, square footage and designs vary per plan and community and are subject to changes or substitution without notice. Images may contain options which are not standard on all models. While Supplies Last. Void Where Prohibited By Law. Copyright © 2015 Lennar Corporation. All rights reserved. Village Builders, the Village Builders logo are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. (14584) 11/5/15
19
20
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Victor Aguilar and AJ Tartt, left, both of North American Title, are in the business of generating leads at Realty Round Up where they met Sharon Rose Eaton, Patricia Eckert and Tina Cargill, all of Keller Williams Realty. ABoR’s Realty Round Up trade show was held at Palmer Event Center. Buy Photo: RL_110515_BB.jpg at www.myrealtyline.com
Karen McGrath and Molly Avila, both of JB Goodwin REALTORS, can’t wait to see the new company look at the company’s recent sales meeting.
Buy Photo: RL_110415_D.jpg at www.myrealtyline.com
Kerri Lewis of the Texas Real Estate Commission and WCR Austin President Amy Kobza of Keller Williams Realty encourage everyone to vote in favor of Proposition 1 that reduces property taxes. Buy Photo: RL_110315_C.jpg at www.myrealtyline.com Buy Photo: RL_110615_C.jpg at www.myrealtyline.com
Michael DaSilva of Avalar Austin and ABoR President Elect Aaron Farmer learn more about Proposition 1 at ABoR’s Broker Forum.
RL
Putting a Face on Real Estate since 1995.™
austin
Austin CRS Chapter
TM
Putting a Face on Real Estate since 1995
President ‘s Column By Michelle Busby • 2015 President
I
What’s HOT in Real Estate: building longterm client relationships
n an industry known for slick technology and shiny new objects, the ability to build long-term relationships with clients is HOT, both now and into the future. It’s an art form and it can be learned, but it means you must offer real value to others, and you have to offer it consistently. Here are my favorite tips to develop and maintain long-term client relationships: 1) Think clearly about the experience you want to create for your clients and potential clients and deliver it consistently. Clients are the lifeblood of your business, and you never get a second chance to make a first impression. From your voicemail greeting and your email signature to your monthly newsletter, is your personal brand living up to what you seek to impress on others? 2) Be a comprehensive homeownership resource. The more value you offer clients, the more they will depend on you. Share your knowledge and expertise, whether or not it benefits you. In the same respect, don’t bombard your clients with offers,
gossip or irrelevant news. 3) Be honest. Seems like a no-brainer, but trust between parties can’t develop when there’s any morsel of mistrust. Clients are smart and know when they’re being manipulated. Even telling a “little white lie” about why you didn’t return a phone call can damage your reputation. Build your reputation on integrity and your clients will respect you. 4) Communicate early and often. Clients rely on you. Make it a top priority to communicate regularly with them. This includes transaction updates as well as letting them know about any anticipated challenges. 5) Eliminate surprises. The more proactive you are, the more clients will understand that you’re truly engaged in and committed to protecting their interests. Of course, all surprises can’t be prevented, but if you remain communicative and work to get in front of potential problems, client confidence increases and situations can often be resolved quickly. 6) Think of clients as more than just clients.
www.myRealtyLine.com It’s a fact: people don’t do business with businesses. They do business with people. You should work to get to know the people you serve: their likes, dislikes, family and even what they like to do in their free time. Truly knowing your clients will strengthen your bond with them. 7) Reward your biggest fans. While working to secure new clients is important, don’t
November 2015
21
forget those who’ve helped you get where you are now. Reward clients for their loyalty and look for creative ways to thank them often. Building long-term relationships will always be HOT in real estate. Consistently offer real value to those you serve and you’ll be someone they grow to value today, tomorrow and years to come. RL
Buy Photo: RL_110515_B.jpg at www.myrealtyline.com
Nicole Eldridge, left, of Century Communities makes a very purple statement at Realty Round Up. She has the company’s booth space decked out in its signature color. Melissa Cox of JB Goodwin REALTORS stops by to see what kind of goodies she is passing out.
22
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Barbara McLaughlin, Tonna and Steve Marcyes, all of JB Goodwin REALTORS, attend the company’s sales meeting in the auditorium at the WCREALTORS’ office.
Buy Photo: RL_110415_B.jpg at www.myrealtyline.com
Elaine Byrne of JB Goodwin REALTORS, WC President-Elect Shavonne Martin and Bill Johnson of Right Way Home Warranty find out about upcoming events and information on Prop 1 while they have a bite to eat the WCREALTORS’ General Membership Meeting. Buy Photo: RL_110515_Q.jpg at www.myrealtyline.com
Buy Photo: RL_110615_K.jpg at www.myrealtyline.com
LMM20419_AustinRealtyLineAd_0915.indd 2
Ginger Carter and Kandis Wilberforce, both of Crescent Communities’ Bryson, make sure no one goes without a tasty beverage at Realty Round Up. Bryson is Crescent Communities’ latest master-planned community in Leander.
10/5/15 10:35 AM
ITCgive110215rl.pdf 1 11/2/15 Putting a Face on Real Estate since 1995.™
RL
9:44 AM
austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
November 2015
23
24
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
JB Goodwin REALTORS’ Round Rock office shows off the new company look.
Buy Photo: RL_110415_I.jpg at www.myrealtyline.com
Joe Taylor, Richard Ridings, Tom Lynch and Bob Tesch, all of Pacesetter Homes, ensure everyone that there won't be any more skeet to bother anyone since they shot them all at the HBA’s Big Texas Sporting Clay Shootout
Buy Photo: RL_110215_I.jpg at www.myrealtyline.com
Lee Ann Ray of First American Title, Michele Sherwood of Keller Williams Realty and Seanna Henry of Berkshire Hathaway Texas Realty, all wear their Prop 1 Stickers to spread the word at the WCREALTORS’ General Membership Meeting to vote for the measure that reduces property taxes.
Buy Photo: RL_110615_E.jpg at www.myrealtyline.com
Anita Farrell of Keller Williams Realty and Christina Isaac of North American Title catch up with each other at the monthly WCR breakfast meeting.
Buy Photo: RL_110615_J.jpg at www.myrealtyline.com
Let Cadence Bank help grow your business! At Cadence, we are committed to delivering you competitive 2nd lien rates and the highest quality service in the industry. Cadence Bank offers: • •
Purchase Money 2nd Liens Home Equity 2nd Liens
•
Home Improvement 2nd Liens
Gretchen Rossington, NMLS# 555982 Account Manager 512-484-1860 gretchen.rossington@cadencebank.com www.cadence2nds.com
Loans are subject to credit approval. Cadence Mortgage is a division of Cadence Bank, N.A.NMLS# 525022
EQUAL HOUSING
LENDER
Putting a Face on Real Estate since 1995.™
RL austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
November 2015
25
bicycles into the park, which has almost 800 acres of sports and recreational activities,”
Blackburn Communities
Blackburn says. “It’s also a short drive to the Premium Outlet Mall, restaurants, several hospitals, and entertainment.” Like the Gardens at Mayfield, residents of
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
B
Diamond Oaks will enjoy the benefits of liv-
uilding and developing world-class communities, Blackburn Communities has become known for its cus-
modern, open concept floorplans located
tom, quality homes in desirable neighbor-
erally at the crossroads of Williamson County
hoods throughout the southern United States. “We create homes and neighborhoods that we are proud to call home for our own families,” says David Blackburn, president of Blackburn Communities. “Our strategy is simple. Our communities are ‘close to everything, but far from ordinary.’ It’s a motto that we really live by when designing a community and choosing a location.” With two successful developments in Central Texas, Blackburn Communities is excited to open two more in 2016. Currently, they have two award-winning neighborhoods in
within easy driving distance to Austin, Round Rock, Cedar Park, and Georgetown. We’re litand Central Texas. We also have a great price point for the Mayfield Ranch area. All of these factors have made the Preserve at Mayfield Ranch a highly desired neighborhood.” Next year, Blackburn Communities will be opening two more neighborhoods: Gardens at Mayfield and Diamond Oaks. To meet the various needs and interests of Central Texas residents, Blackburn notes that each of these new garden communities has its own unique amenities, design, and location. “Being a gated garden home community really sets us apart in Central Texas and
ing next to parks and wildlife. Located immediately adjacent to the Dell Diamond and Old Settlers Park, residents will be able to walk to baseball games or see the other events at the Dell Diamond or head to the 645-acre Old Settlers Park for full range of fun recreational and sports facilities. Diamond Oaks has easy access to three major highways and is in the David Blackburn, President
Round Rock school district. In addition to creating communities with
than you would usually find with a new home
unique amenities in desirable settings, Black-
builder.”
burn Communities also attracts a diverse set
In addition to exceeding the needs of
of residents. “We see both young families
residents, Blackburn Communities also val-
all the way up to seniors looking to retire,”
ues their partnership with real estate agents.
says Blackburn. “We’re glad that our ameni-
Starting in January 2016, they are launching a
ties and style attract such a broad range of
special program to help REALTORS through
homeowners.”
continuing education courses in marketing.
many of our clients seek us out for that rea-
To ensure that residents get the exact prop-
and The Preserve at Mayfield Ranch in Round
son,” Blackburn says. “Our locations provide
erty they are looking for, most homes are built
enced marketing professionals, Blackburn
Rock. While Oaks at Wildwood is now com-
easy access to shopping, entertainment, and
to order. As a semi-custom builder, Blackburn
Communities hopes to help REALTORS con-
pletely sold out, the Preserve has 25 lots re-
recreation.”
Communities gives residents the ability to
tinue to improve their skills with clients.
the area: Oaks at Wildwood in Georgetown
maining, but Blackburn notes that you should
Through free MCE classes taught by experi-
Located next to the Williamson County
make their own choices during the building
“It’s our way to give back to the agents who do so much to help us sell more homes,” says
Regional Park, the Gardens at Mayfield will
process. “While we have specific floorplans for
“We are two years ahead of schedule in
be a gated garden home community. Priced in
our future residents, we’re very flexible about
Blackburn. “Call us at 512-733-2222 for more
selling our homes at The Preserve at Mayfield
the $300s, the beautifully designed homes will
moving walls, windows, cabinets, and more
details. Our first class will be "How to Create
Ranch, and we’re very proud of that,” he says.
range from 1,561 to 3,429 square feet. “Resi-
for our clients,” Blackburn says. “Our design
an Annual Marketing Plan," and it’s a great
“It is a gated garden home community with
dents will be able to walk, run, or ride their
center features hundreds of options and more
way to start the new year.” RL
act fast if you’re interested.
Mandatory Continuing Education Courses (MCE) Stay current with the latest technology, trends in the market and real estate laws with Champions School of Real Estate MCE courses. Make sure you know how the industry is changing and satisfy your MCE requirement today.
Salesperson Apprenticeship Education Courses (SAE) Salesperson Apprenticeship Education courses are the first step to maintaining your real estate license and furthering your real estate education. Our 30-hour core SAE courses help you not only keep your Texas real estate license active but also helps to focus your real estate education to improve your career.
Power House New Agent Training
Includes 6 Hours of Legal and Ethics
15-Hour Online MCE
79
$
Two-day Course, 30 hours of elective SAE
✓ Accessible from any connection ✓ Instructor support ✓ Instant results ✓ Live customer service
✓ Self-paced, no timer ✓ Saves your place while testing ✓ Courses never expire ✓ Downloadable PDF books
Our Power House Specialists will share their tips and tricks on how to become a successful agent and a top producer.
Includes 6 Hours of Legal and Ethics
Nov 16 - 19
15-Hour Classroom MCE
99
$
✓ Flexible class schedule ✓ Questions answered in real-time ✓ Commit to completing your class for credit
✓ Personal attention from course instructors ✓ Learn directly from industry experts ✓ Convenient location
Purchase the 90-hour Program, Save $40!
SAE Renewal Program
|
512-244-3545
3203 S I-35 Ste 520, Round Rock, TX 78664 - Located at I-35 & 45 Toll Road Ethics 03-03-125-26393; Legal 03-03-125-26392; Hottest 03-00-066-26967; Broker: 06-06-124-24214
$425
Includes three 30-hour SAE classes
Real Estate
ChampionsSchool.com/Austin
$155
Mon - Thu, 6:00 PM - 9:45 PM
Designations
Loan Origination
Home Inspection
Appraisal
Business Etiquette
Find us on Social Media Open to the Public; TREC #0005; Lone Star College Tomball Provider #0123
26
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Chalice Kosier, David Schneider, Daniel Topolski and Carlye Jane, all of Better Homes and Gardens real Estate Bradford Properties, enjoy the sports-themed party AYREP hosted at the Zilker Clubhouse to benefit BIG, the Brookwood Community in Georgetown.
Buy Photo: RL_110715_BC.JPG at www.myrealtyline.com
Tammy Gardner of JB Goodwin REALTORS gives an update on the changes coming with the new logo at the company sales meeting at the WCREALTORS’ auditorium in Round Rock.
Buy Photo: RL_110515_C.jpg at www.myrealtyline.com
And around and around it goes, where it stops, nobody knows! Christine Collins of Champions School of Real Estate tells Bonnie Broyles of Keller Williams Realty that if she spins the wheel, she could win a prize. Champions School of Real Estate had a booth at Realty Round Up at the Palmer Event Center.
Buy Photo: RL_110415_H.jpg at www.myrealtyline.com
Drees Realtor Reward Programs Two Great Ways to Earn More with Drees Custom Homes We value the relationships we’ve developed with our Realtor partners. That’s why we offer two Realtor Rewards Programs. When you sell a Drees home between April 1, 2015 and March 31, 2016, you’ll be eligible to earn a 5% commission or be reimbursed 100% of your location fees. The choice is yours!
Drees Two-Step*
Relocation Reimbursement**
Sell two or more Drees Custom homes between April 1, 2015 and March 31, 2016 to receive an additional reward for each closing.
100% of your relocation fees will be reimbursed when you move your client into a new Drees Custom home.
1st closing
3%
commission
2nd closing & beyond
5%
commission
We’ll reimburse
OR
100 %
of your relocation fees
**Limitations apply, see a Drees Custom Homes Market Manager for more information and details.
dreeshomes.com
Putting a Face on Real Estate since 1995.™
RL austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
November 2015
27
28
November 2015 Front Page: Continued
Austin, there seems to be a neighborhood for everyone’s tastes, from Westlake for the highly ranked schools to out-of-the-way Montopolis, which has been gaining traction as a community for investors and house flippers.
Asking the experts Another way to determine a neighborhood’s ‘hotness’ factor is by asking agents and brokers. What most folks look for when shopping for a home are individual conveniences and personal preferences. “In my experience, the sweet spot tends to be neighborhoods that have certain amenities and also hover around the median price range,” says Cooper. The median household income in Austin is around $55k, which is an amount that can easily qualify for a $200,000 home. “But when I tell clients how far $200k will get them, they’re absolutely stunned,” says Tim Landy, a REALTOR with Twelve Rivers Realty. “For these buyers, Pflugerville, Kyle, and Buda are becoming desirable destinations.” What were once outlying areas, Williamson and Hays Counties are now regularly appearing on lists ranking the most popular communities to live in and around Austin – the same lists with year-over-year mainstays like South Lamar, with its “Keep Austin Weird” vibe and conservative Hyde Park.
Crunching the data To determine Austin’s hottest neighborhoods, Realty Line looked at hard data and also asked agents who are experienced working directly with buyers. Hottest Austin Neighborhoods
RL
www.myRealtyLine.com
Gracywoods, 78758 Median price: $220,000 +21% from 2014 Days on market (DOM) 12 +50% from 2014 “Central Austin is really developing nicely,” says Landy. “Especially around The Domain. New businesses are moving to that area and the tech corridor is close by. A lot of people want to live north to be closer to work.” Central East Austin, 78702 Median price: $377,000 +8% from 2014 DOM: 33 +50 from 2014 “You’re seeing a lot of new construction selling at a premium price. I have a client that moved away seven years ago. They recently came back to buy a house for their daughter. I suggested East Austin but they didn’t want to go down there because their recollection was that it was unsafe. They were blown away to see the new construction. Downtown, 78701 Median price: $443,800 +14.6% from 2014 “Once buyers realized how affordable living here is, especially compared to adjacent neighborhoods, demand increased.” says Rooker. “Also, as the entertainment districts grew and traffic worsened, people began appreciating the walkability of downtown,” says Chloe Chiang, a REALTOR with Twelve Rivers Realty. Tarrytown, 78703 Median price: $935,000 +6% from 2014 DOM: 85 +113% from 2014 Tarrytown has always been one of the most popular historic neighborhoods in Austin. It’s centrally located, near major roads and close to the lake, downtown, good restaurants and lots of shopping. Very few people in Austin
austin
TM
Putting a Face on Real Estate since 1995
RL austin
TM
Putting a Face on Real Estate since 1995
Associate Publisher: Tawanna K. Carver tawanna@myRealtyLine.com
Managing Editor: Naomi Bludworth naomi@myRealtyLine.com
Contributing Editor: Linda McNabb
Contributing Writers: Riki Markowitz, Katie Brown, Naomi Bludworth
Contributing Photographers: Doren L. Carver, Linda McNabb
Columnists: Barb Cooper, Jack Stapleton, Walt Elias, Michelle Busby 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 1,500 members of the Williamson County Association of REALTORS® (WCREALTORS) 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®, the Home Builders Association (HBA) of Greater Austin 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.
problems covered by the policy – even a hidden hazard – result in a claim against that buyer’s homeownership. All for a one-time payment at closing.
Like Clockwork
®
NORTH AUSTIN 5608 Parkcrest Drive Suite 150 Austin, TX 78731 t: 512.302.3892
RESEARCH 11044 Research Blvd. Bldg. D, Suite 100 Austin, TX 78759 t: 512.249.0576
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
When your buyer chooses Owner’s Title Insurance, it provides protection against loss if any
NORTH AMERICAN TITLE COMPANY
Putting a Face on Real Estate since 1995.™
ROUND ROCK 1 Chisholm Trail Suite 3100 Round Rock, TX 78681 t: 512.255.6550
And when that Owner’s policy is provided by North American Title, you can rest assured that home’s title is insured through the nation’s largest, most secure underwriters. www.facebook.com/Austin.nat www.nat.com/Texas ©2015 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. | TX15-8232 TX 10-28-15
Putting a Face on Real Estate since 1995.™
will ever earn enough to live in this zip code, which only seems to up its popularity. Central Austin, 78705 Median price: $1,050,000 +62% from 2014 DOM: 33 -79% from 2014 Like “downtown proper,” central Austin has the walkability, the shopping, eateries, and entertainment. The skyrocketing cost of housing shows how in demand this area has become in the past year. South Lamar, 78704 Median price: $540,000 +12% from 2014 DOM: 56 +107% from 2014 This zip code has always been one of the most recognizable in the city. This was one of the strips locals showed tourists to flaunt the city’s “Keep Austin Weird” vibe. Today it’s a crowded, mixed-use corridor with new condos and street level retail stretching from Barton Springs almost nearly to Ben White. Avery Ranch, 78717 Median price: $334,400 +11% from 2014 DOM: 51 +82% from 2014
RL austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
November 2015
For a good deal, agents and brokers are taking buyers further and further from central Austin. This master-planned community in Cedar Park is more accommodating for families and close to Austin's high-tech employers.
Not-So-Hot Neighborhoods
Windsor Park/University Hills, 78723 Median price: $284,150 +4% from 2014 DOM: 31 +37 from 2014 These neighborhoods, with their mid-century single-family ranch houses, are taking a back seat to the vibrant, mixed-use, planned Mueller community just a few miles south. Pleasant Valley, 78741 Median price: $225,000 +7% from 2014 DOM: 21 -32% from 2014 Young families and millenials are drawn to neighborhoods close to high-tech employers or districts with lots of bars and restaurants. Pleasant Valley may be popular with buyers looking for a fix-me-up project, but it has not yet reached the desirability of East Central Austin. RL
Visit Us Online Buy Photos • Find Events • View Archives
www.myRealtyLine.com
We are
growing to better support your business
Welcome our newest Mortgage Loan Originator,
MAGGIE NYLAND She is excited to be a part of our team and looks forward to providing new opportunities for clients.
DHI Mortgage customers enjoy: • • • •
Local teams work with you face-to-face Personal service for your clients Competitive interest rates Convenient online prequalification
Maggie Nyland
Mortgage Loan Originator, NMLS #1321859
www.dhimortgage.com
10700 Pecan Park Blvd., Suite 200 Austin, TX 78750 Direct: 512-533-5457 | Cell: 512-348-9966 Efax: 844-263-4716 MANyland@dhimortgage.com
Financing offered by DHI Mortgage Company, Ltd. 10700 Pecan Park Blvd., Suite 200, Austin, TX 78750. Branch NMLS #38686. Company NMLS #14622. DHIM is an affiliate of D.R. Horton. For more information about DHIM and its licensing please visit www.dhimortgage.com/affiliate/. Provided for informational purposes only. This is not a commitment to lend. Not all borrowers will qualify. REV: 09/22/15 | EXP: 09/22/16
mihomes.com
29
30
November 2015
Real Estate News & Notes
austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Realty Austin makes the move to Luxury Portfolio International
JBGoodwin REALTORS launches new brand In celebration of our prosperous history and to welcome our flourishing future, JB Goodwin REALTORS is pleased to share our new logo and branding! Our previous logo has been in use since the inception of J.B. Goodwin's real estate career, which began when he was only 22 years old. 43 years later, JB Goodwin REALTORS remains a leader in the Texas real estate industry, with a well respected brand that revolves around helping people. It's in this spirit that we redefined our brand to respect our past while embracing the fresh, modern company we have come to be. Square one. That's the best place to begin when you're buying real estate. The yellow square behind our new logo represents this same concept, optically encompassing the first step of every real estate journey. It also separates the word "JB" and "Goodwin", visually reflecting the way our company name is pronounced. This simple, clear structure carries over to the iconic shape of our Pan-
RL
www.myRealtyLine.com
tone 7549C yellow square: a bold design statement that shows off the structure, strength and integrity of our company. All of these elements come together in our new brand, because they're all a core part of the company we built together. As we redesigned our brand, it was important that we visually represented who we are: square one—the ideal place to begin when searching for real estate. Building on our 43 year history and uncompromised attention to providing quality service, we emphasize that our mission at JBGoodwin REALTORS® is simple. We want to 'Help People'," says J.B. Goodwin. "We have been very pleased with the positive response from our clients and our agents which shows that this updated branding is a welcome change and will be quite successful." We're excited about the refreshed logo and branding, which has been applied to our website, business cards, marketing materials, merchandise and so forth. We hope you love it as much as we do! RL
Realty Austin, Austin’s No. 1 independent residential real estate brokerage, announces it has joined Luxury Portfolio International, the fastest growing luxury property network, with more than 200 affiliate companies around the world and more listings over $1 million than any other luxury real estate organization. Yvette Boatwright, co-owner of Realty Austin said, “Our team is honored to be a part of Luxury Portfolio International®. The luxury real estate market continues to thrive in Austin, and we are excited to add the new global exposure opportunities to our marketing plan for our luxury real estate listings and empower our agents to market their listings worldwide.” Over 50 percent of Realty Austin’s listed properties are over $1 million and the company’s sales volume exceeded $1.65 billion in 2014. Realty Austin is the industry leader in technology and and ranks as Austin’s No. 1 place to work for 4 consecutive years [Austin American Statesman (2012-2013) and Austin Business Journal (2014-2015). The company’s website realtyaustin.com was recently named as the 2nd Best Overall Website in the real estate industry by REALTRENDS. Courtney Lepore, Vice President and Relocation Director for Realty Austin said, “165 buyers make the move to Austin daily, and our relocation professionals are committed to making their experience a success. Joining
Luxury Portfolio International strengthens our strategic position to domestic and international consumers by listing Realty Austin luxury homes for sale on its worldwide platform.” Luxury Portfolio International markets over 25,000 properties of the world’s most remarkable properties annually on its awardwinning website, LuxuryPortfolio.com. The site attracts over 1.2 million high-net-worth visitors a year and features a total inventory of available properties in excess of $41 billion. Paul Boomsma, president of Luxury Portfolio said, “Luxury Portfolio is delighted to have Realty Austin as part of our distinguished Broker Collection. The company has an impeccable reputation in Austin, and we are committed to helping them achieve even greater success. Luxury Portfolio boasts the most comprehensive marketing program in the industry, encompassing print advertising in high net-worth publications, an awardwinning website and premium marketing materials. The scope of the program benefits Realty Austin and all of our members, as well as the luxury clientele they serve.” Luxury Portfolio is unmatched in the global arena, with members in 30 countries, site translation in nine languages and multiple currencies and visitors from 200 countries/ territories visit the site every month. RL
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, 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/advertise.html. Submission items will be included as space allows.
Recognized for Outstanding Culture
Austin American Statesmen Best Places to Work 2014 + 2015
Fastest Growing Companies in Central Texas 2014 and 2015
www.homecity.com 512.750.2294
Putting a Face on Real Estate since 1995.™
RL austin
TM
Putting a Face on Real Estate since 1995
www.myRealtyLine.com
we re ’ GROWING!
5 % Re a
Comm ltor ission !*
Visit one of our many communities across the Austin area. SPICEWOOD
1
SOLA VISTA
183
3
From the mid $400s
Georgetown
29
N
FALCON POINTE
From the mid $200s
35
4
2
VILLAS AT VISTA RIDGE
From the $200s SAVANNA RANCH
From the $200s
GEORGETOWN
4
8
5
TERAVISTA
From the Mid $200s
Hutto
6
9 10
HIGHLANDS AT MAYFIELD RANCH
From the mid $200s
Hutto Highlands
6
Cedar Park
7
11
Lakeway
360
183
1 West Lake Hills
Manor
130
From the high $200s
8
290
Dripping Springs
71
10
From the $200s
71 45
11
= Communities with NEXT GEN®
For more information call 512-596-7703
183
9
STONEFIELD
From the low $200s
290
290
ENCLAVE AT ESTANCIA
BUDA
95
35
From the $190s From the low $200s
79
95
45
COLORADO CROSSING
BRADSHAW CROSSING
Taylor
Round Rock
AUSTIN
71
3
130
183A
map not to scale
LEANDER
29
5
2
PFLUGERVILLE
7
31
November 2015
45
21 Cedar Creek
35
Kyle
21
LENNAR.COM
Maps are not to scale and are for relative location purposes only. Prices subject to change without notice. Lennar makes no guarantee as to availability of homes within the prices stated above. FOR REAL ESTATE PROFESSIONALS ONLY: In order to earn a broker commission 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 or Lennar.com, whether individually or with a broker. Lennar reserves the right to discontinue this program at any time. Other terms and conditions apply. See a new home consultant for more information. *Offers available on select homes with fully executed Purchase and Sale Agreements between 11/1/15 and 11/30/15. Home must close and fund by date listed on Purchase and Sales Agreement. Fully executed Purchase and Sale Agreements prior to 11/1/15 are excluded. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions, which may include use of designated lenders and closing agents. Certain incentives could affect the loan amount. Offer good for a limited time only. Lennar reserves the right to change or withdraw any offer at any time. Offer is subject to borrower meeting approval guidelines. Terms are subject to change without notice. Contact a New Home Consultant for details. Images are solely for illustrative purposes and should never be relied upon. Features, amenities, floor plans, elevations, square footage and designs vary per plan and community and are subject to changes or substitution without notice. Images may contain options which are not standard on all models. Please see your New Home Consultant for more information and home purchase and sale agreement for additional information, disclosures, disclaimers relating to the home and the actual features designated as an Everything’s Included® feature. While Supplies Last. Void Where Prohibited By Law. Copyright © 2015 Lennar Corporation. All rights reserved. Lennar, the Lennar logo, Next Gen® - The Home Within A Home®, the Next Gen® logo and the Everything’s Included® logo are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. (14583) 11/5/15
Elgin
32
November 2015
www.myRealtyLine.com
RL austin
TM
Putting a Face on Real Estate since 1995
Putting a Face on Real Estate since 1995.™
Regina R ow l e y teaches Doedi Meyer of Helping Hands Real Estate and other members of WCR Austin selfdefense techniques during a class hosted by the group.
Buy Photo: RL_110115_A.jpg at www.myrealtyline.com
Pat Dukett and Carrie York, both of Austin Real Pros, wish they could tour all of Realty Round Up in this first class Rolls Royce.
Buy Photo: RL_110515_R.jpg at www.myrealtyline.com
Becky Collins of Walton Development and the HBA’s new CEO Emily Lubbers are all happy with the turnout and success of the Big Texas Sporting Clay Shootout at Capitol City Trap & Skeet. Buy Photo: RL_110715_K.JPG at www.myrealtyline.com Buy Photo: RL_110215_A.jpg at www.myrealtyline.com
En garde! Rani Alowairdi of RA Residential knows how to cut through red tape to get real estate transactions done quickly.