Designations Create Distinctions: 3 Classes Headed Your Way

Hey Agents… I know how busy you are right now so I’ll keep this short and sweet! If you have been looking to add the AHWD®, SRES® or CIPS® designations to your  repertoire… your chance is on the way!

Stay tuned as we share more details on these upcoming courses in collaboration with the Silicon Valley Association of Realtors and the Sacramento Association of Realtors in the weeks to come! Follow my exclusive Facebook page just for professional opportunities to stay in the know: https://www.facebook.com/bobbideckerinstructor/. 

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

 

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Monday Market Update: Price & Demand Are On The Rise

Can you believe it is the middle of June?! As we find ourselves in dynamic times, housing market momentum is picking up speed! In our weekly market update, we wanted to highlight a few key facts and figures to give you an overview of the state of the market. While much of the data below reflects national averages, please feel free to reach out with any questions you have about our Silicon Valley micro markets. We currently have two properties pending and some very excited sellers!

Price & Demand Data Drop

| The median price for a single-family home is up more than 7% compared to this time last year (excluding new construction).

| Two-thirds of potential buyers who have attended open houses in the last 12 months have reported they would continue to tour homes today ‘without hesitation’.

| The NAR® Housing Market Recovery Index indicates that demand and prices are fully recovered nationwide, while supply and pace of sales have room for improvement.

| Homebuyer demand is 25% above pre-pandemic levels.

| National list prices are up 9.9%.

| Multiple offers and bidding wars have become the norm rather than the exception; online views on the first day of a listing are hitting figures that used to reflect a week’s worth of virtual interest.

Resources Used & Further Reading:

New York Times: Home Prices Are Rising, Along With Post-Lockdown Demand

Realtor.com: Weekly Economic and Housing Market Update

Redfin: Homebuying Demand Just Keeps Getting Stronger

Please do not hesitate to reach out with any question s at all about how the current market trends may impact your own short and long-term real estate goals. 2020 may not be a year of smooth sailing – but we believe you CAN reach your destination with the right support! 😉

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

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Senior Spotlight: Keeping Life Moving Forward

Do you know an older adult who was planning a pivotal year, but feels like everything is on hold while we trudge forward against uncertain times? We get it – and we are here to help! A major media source recently reported that Baby Boomers are more likely to shelter in place longer even as reopening procedures take hold, but we firmly believe that you can take care of your health today AND plan for your best tomorrow. Whether you were planning to look at some active senior communities, wanting to start the decluttering and downsizing process or just about to list your home – we are here to help you keep your life and sanity on track.

“I AM READY TO EXPLORE MY OPTIONS.”

The good news is – you still can! If you have toyed with the idea of moving into a condo, renting an apartment or entering a senior community, virtual tours offer a sneak peek into your next place without leaving your current one. You can also still drive through potential neighborhoods and areas to see what you love, what you don’t and what questions you have!  Speaking of questions… experienced agents (like us!) are often happy to connect you with clients who have made a similar move; we know we have many older adult clients who would be happy to share where they moved and what they loved about it. You can explore your options and you do not have to do it alone.

“I WANT TO DECLUTTER AND GET RID OF STUFF.”

There actually may be no better time than the present to tackle this project. If too much stuff is causing too much stress (moving or not!), our friends at T-O-P Move Management have some great tips to help. They recently published a brand-new blog titled “Diving Into Downsizing While Sheltering In Place” and even mentioned two local junk removal services whom are offering no-contact pick-up!

“I DON’T KNOW IF I SHOULD STILL LIST MY HOME.”

If you were just about to interview agents to list your home, we would advise that you still consider it! While many expected home sales to pause much longer, pent-up demand in Silicon Valley is still here. With even less inventory than pre-COVID-19 times, many sellers are receiving multiple offers with great terms that meet their needs. The revised Realtor.com Housing Forecast predicts increased activity in late-summer and fall, and we would concur not to wait until year end. Low rates are also a driving force for many serious buyers right now – so please weigh your options and let us know if you need help. (This is not a solicitation of business if you are already working with an agent.)

If you feel ‘stuck’ or know someone who has questions and needs help finding answers, we would be honored to assist.

All our best,

Bobbi & Team

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment

Monday Market Update: Property Tax Portability Measure Back On The Ballot

As if there is not enough going on in 2020 – let us not forget that it is a voting year! At the end of last month, a new measure received enough signatures to qualify for the November ballot – and it is one that is going to sound familiar…

The Family Home Protection and Fairness in Property Tax Act that you will see on your ballot this fall is similar to Proposition 5 which voters faced in 2018. Similarly, this year’s ballot measure (IF passed by a majority vote) would expand property tax portability statewide in California for homeowners aged 55 and older who choose to sell – up to 3x. Additional provisions for this year’s measure include:

| Family members transferring homes between them can live in the home to continue to receive the same property tax rate after the ownership change. (The tax rate will not be retained if the home is used as a rental.)

| The measure’s most pressing provision pertains to commercial property sales which would trigger a property tax reassessment when 90% of the direct or indirect ownership in a property changes hands in a single transaction, even if no single entity acquires more than 50% in such a move.

The measure is backed by the California Association of Realtors®, with some projected outcomes provided in the CAR® Fact Sheet below. The campaign for the measure also believes that approval would generate $250 million for local governments in the short term and hundreds of millions of dollars for community services and schools over time. Opposing parties believe that the measure takes away the spirit of Prop. 13 passed in 1978 and unfairly favors residential tax savings while hurting businesses.

Further Reading:

| Ballotpedia: California Property Tax Transfers and Exemptions Initiative (2020)

| CAR®: Property Tax Fairness Initiative Update

Whatever you decide – be sure to vote so you can be heard!

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Monday Market Updates | Leave a comment

Senior Spotlight: 3 Hopeful Headlines

We are sending you all our biggest hugs and warmest wishes in these times of challenge and change. We know that many people, older adults included, are managing concerns related to health, isolation, mental and physical well-being and financial stability. We want you to know we see you and we are here for you. And we also want you to know that older adults have more than experience on their side – they have adaptability, perseverance, fortitude … and more! On that note, the focus of this week’s Senior Spotlight is to share 3 hopeful headlines that we have seen as of late. Check it out and get inspired … the good is out there and we are determined to help you find it.

Adaptability For The Win

When we came across an article on AARP regarding how older entrepreneurs are keeping their businesses afloat, we were intrigued. And when we read the 3 success stories, we were proud! Check out this read on ‘How 3 Small-Business Owners Adapted During the Pandemic’. From an Alaskan tourism professional to a Southampton inn owner to an outsourcing champion – these entrepreneurs lead by example in creativity, problem-solving and meeting market needs.

Cancer, Stroke & Alzheimer’s Deaths Decrease

For the first time since 2014, rates of death for the nation’s 10 leading causes of fatalities have declined, according to NBC News (“U.S. life expectancy goes up for the first time since 2014”). Moreover, cancer-related deaths decreased by more than 2 percent in 2018, rates of stroke and Alzheimer’s disease deaths declined by almost 1.5 percent, and heart disease death rates declined as well. This puts the US life expectancy rate for an individual born in 2018 at 78.7 years. While the US still has work to do to catch up with nations who have the highest life expectancy rates (just over 80 years) – this is progress in the right direction. We’ll take progress over perfection any day. It’s far more sustainable. 😉

Boomers Make Senior Living More Fun

It’s true! The cookie cutter retirement homes that we visited our grandparents in are NOT the places that Baby Boomers want to move into. As such, senior living communities are changing to meet the demands of their target market; this means way better food and way more fun! Media News Group has reported that “two of the biggest recent trends in senior living that boomers have embraced are flexible dining options and robust enrichment and social opportunities.” And the additional upside is that the increase in social and physical engagement provides many long-term health benefits according to the National Institute On Aging. Read it all here: “Boomers Changing The Face Of Senior Living.”

May you stay healthy, happy and hopeful! And if we can help you on your journey to any of those – we will!

All our best,

Bobbi & Team

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

 

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment

Designations Create Distinctions: A Sneak Peek Into The MS&LG Course From NAR®

Selecting which NAR® designation or course is right for you can be a practice in the ‘goodness of fit’ methodology. Not every agent’s business plan and target market is a fit for every designation, and no one agent can do it ALL and do it well. And that is exactly why NAR® designed (via a process that I was invited to take part in!) the Marketing Strategy and Lead Generation course, debuted in November 2019 at the annual REALTOR® convention. This course helps agents strike their own balance of what lead generation and social media strategies to employ, based on each agent’s unique value proposition, target markets served and professional strengths.

Because this course covers SO much content in such a short amount of time, I have found it useful as an instructor to supplement the offering with some exclusive resources. Knowledge is power, and if we work together to share what we all know – we can help our clients (and each other!) in the best way possible.

 

The pictures below highlight just some of the material that we address in the social media marketing section of the course. There is also an invaluable business planning component, as well as tools and tips to address buyers’ needs & expectations (ask about credit as an ABR® elective course!).

If you have any questions about course content or want to bring the Marketing Strategy & Lead Generation Course to your association – please reach out to buddy@bobbidecker.com. This course is offered via ZOOM (slippers required!).

All our best,

Bobbi Decker & Team

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Designations Create Distinctions | Leave a comment

Monday Market Update: Let’s Talk The PEAD

As we head into a new month and a new season, let’s talk about what is new in real estate and how it is impacting buyers and sellers: the PEAD. We are sure by now you know that real estate has been deemed an essential service by the Department of Homeland Security as an integral part of our country’s critical infrastructure. But do you know how that looks in actuality? Here is a brief summary…

The largest industry change in the current environment pertains to how homes are shown. Open houses and broker tours are not allowed, but individual visits and private showings are available when all parties sign the ‘Property Entry Advisory And Declaration (PEAD).’ This form is not only legally required, but is part of the overall Prevention Plan that the California Association of Realtors® has outlined for agents. The PEAD must be completed by every person entering the property including clients, appraisers, inspectors, stagers, contractors, repairmen and even buyer’s agents for each home that they enter. Think one form per property.

You may view a copy of the form in full HERE. The key points include acknowledgement of ‘Risks of Exposure’, ‘Stay At Home Orders’, Representation & Agreement’ and ‘Agreement, Declaration & Assumption of Risk’.

While this may sound intense, there are two key things to note. First, the guidelines outlined and acknowledged in the PEAD are designed to demonstrate care for the health and well-being of all members of our community. While it may sound intense, it is also important for our industry to disclose any potential risks in the spirit of transparency, and provide alternatives for those who seek them – such as pre-recorded tours and live virtual showings. Second, completion of the PEAD form appears to be acting as a sign of true buyer interest; only those who are seriously shopping are completing the necessary steps to tour homes. And interestingly enough, many Bay Area homes are  receiving multiple offers amidst the active shelter-in-place orders. Low inventory and pent-up demand can be a recipe for sellers success and buyer perseverance, as the concept of home is cooking up to be more cherished than ever!

Resources Used & Further Reading:

The PEAD Form In Full

CAR® Guidelines for Real Estate Best Practices During COVID-19

FAQ: Industry Guidance on Showings

Real Estate Best Practices Guidelines and Prevention Plan for Showings During COVID-19 – Stage 2 Expansion

Please let us know if you have any questions about how transactions look and feel today! We are always here to serve as your eyes, ears and feet on the ground in real estate .

All our best,

Bobbi & Team

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Monday Market Updates | Leave a comment

Senior Spotlight: Change Can Be Good; Just Ask The Baby Boomers

We hope that everyone is staying healthy, happy and cool this week! In our new Senior Spotlight, we wanted to share a hot topic regarding times when tidal waves of change can actually lead to calmer seas. The case in point is how the current pandemic has shifted the path of some Baby Boomers – in a good way!

The times we are in have no doubt brought stressors and concerns to many individuals and families, and we would like to first acknowledge that the questions and outcomes we are presenting today are not universal. If you are struggling with a decision before you however, we do hope that these perspectives offer hope for better days ahead. (Hugs!)

Many Baby Boomers considered themselves in limbo in pre-pandemic times. Many had been considering retirement, waiting to realize their dreams or deciding when and how their next move would take place. In a recent article from Realtor.com, three individuals shared their stories of how COVID-19 ended up charting their course… for the better.

– In one story, an author and arts advocate in her late 50’s changed her plans from moving into an urban retirement community to residing in a rural family property that brought her back to her roots.

– In another example, a set of empty-nesters prioritized selling their family home due to a heightened demand from city residents seeking homes in the suburbs.

– In a third scenario, a fundraising professional in the arts industry decided that the pandemic could be his ‘glass half-full’ and decided to take the plunge into the next phase of life in his dream retirement location.

Check out the article  ‘How the Coronavirus Is Changing Some Boomers Real Estate Plans for the Better’ in full here to see the details of each situation.

While there is no single solution that is right for every adult aged 50+, we would like to pose a series of questions that gets you thinking about your own priorities and lifestyle wants vs. needs. We hope that these questions will be helpful to you at any crossroads you face – not just those facing us all today.

1) What are the 3 things that make a house (and community!) a home to YOU at the stage of life you are in today.

2) Do you have a plan for what you want your life to look like ‘next’ and what the trigger for that timeframe will be?

3) Has your long-term vision for your life changed in 2020? What do you want, or NOT want, now that did not apply before?

4) Has a shift to remote work or early retirement caused you to consider moving to another city or state? (Heading towards better weather or loved ones?)

5) Does the current market environment make you question if opportunity is knocking?

We would never encourage any homeowner at any age to make a decision in haste – but we will always champion continuing or pursuing a life you love, so let us know if we can help in any way at any time!

Bobbi & Team

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment

Designations Create Distinctions: Standing Out 101

Let’s face it, it feels like life has gotten a LOT more complicated lately. In the spirit of keeping life moving forward in a simple and straightforward way, I am focusing this week’s ‘Dedications Create Distinctions’ blog on the basic ways in which NAR® designations help you stand out!

See a few highlights below of what some notable media outlets have to say about the power of designations, and see all of the offerings that I can bring to you and your local association via ZOOM any time you like! In addition, be sure to reach out to learn more about one of the newest NAR® options, the Marketing Strategy & Lead Generation course, which is an ideal way to re-set your business plan in the current market.

Designation Benefits: 5 Media Mentions 

#1: The Balance ranks the Accredited Buyer Representative (ABR), At Home With Diversity (AHWD), Senior Real Estate Specialist (SRES) among the 10 most popular agent designations.

#2: RIS Media has listed earning the Seniors Real Estate Specialist® (SRES®) and Accredited Buyer’s Representative (ABR®) designations among the top ways to differentiate yourself from the competition.

#3: Market Leader has called real estate designations ‘a referral gold mine.’

#4: The Mercury has even cited the importance of helping Silicon Valley Realtors® serve an international audience.

#5: Fit Small Business has reported that designations can lead to increased closed transactions and greater overall income on account of having an increased skill set, improving your networking and giving you some leverage in commission negotiations.

If you agree that the professional community that you belong to is as important as the personal community that you serve, please email me at bobbi@bobbidecker.com so we can connect about which options and networks are ideal for you!

_ _ _

“The world is already full of critics; to stand out, be an encourager.”
― Matshona Dhliwayo

Hope to see you in a (virtual) classroom soon!

~ Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

 

Posted in Designations Create Distinctions | Leave a comment

Monday Market Update: Memorial Day Gratitude & Survivor Support

This Memorial Day may be recognized in a different manner than years past – but that does not mean that those whom we honor deserve any less reverence. We may not be able to have remembrance ceremonies, parades or celebratory social barbecues – but we can always have gratitude!

This day and truly every day, we are more than thankful to those who have lost their lives defending our country and the people within it, and thinking of the families whom carry on their legacy. It has also come to our attention that this time of year can be particularly challenging for military survivors, and we wanted to let you know about an Arlington-based non-profit that can help.

TAPS (Tragedy Assistance Program For Survivors) offers help, hope and healing to all who are grieving the death of a military loved one, regardless of the relationship to the service member or the circumstances or cause of death. Designed to serve as a family of care, compassion and hope, TAPS strives to provide a shoulder to cry on, a connection to resources, or an opportunity to remember and honor your loved one. Explore their various programs HERE.

With regard to the isolation, fear and loss being experienced by first responders, healthcare workers and citizens across the nation during COVID-19, TAPS has now opened up all of their comfort and care resources to the public. Learn more HERE. 

(While we do not have personal experience with the TAPS network and cannot endorse their programming, they are a top-rated program on Charity Navigator [4 out of 4 stars]. They have also been awarded the Platinum Nonprofit Seal of Transparency from GuideStar, and have been certified by  Points of Light, the world’s largest organization dedicated to volunteer service, as a Service Enterprise.)

As we take a moment to pause, reflect and express our gratitude to military lives lost, may we also take a moment to consider how our daily actions and choices honor their sacrifice. I know I will… and that is what I am looking forward to most this week. 

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Monday Market Updates | Leave a comment