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 Colorado Springs Real Estate 
Thursday, 29 January 2009

So have you made any New Year’s Resolutions? What is the difference between goals and resolutions? Is the New Year too late or is it just in time?

I personally don’t believe in resolutions. I believe in goals. I started on my goals for 2009 in November. I add some until mid December and then put them to paper. Some of you may call them business plans. I too have a plan, but I prefer goals. I believe goals are important. I have worked on goals every year since I was in my teens.

In my teens, they were sports goals. I wanted to get stronger and faster. By the time I was 18 I was the Colorado State Power Lifting Champion. At 19, I was 3rd in the country. I won 2 State records. I hit my goals. Then it was the grocery business and management. I was the youngest manager they had. After that it was karate and real estate. In karate, I now have a 3rd degree black belt. In real estate, I have sold 3200+ homes.

So how do I achieve those goals? I do it with reward/penalty. Fred Grosse taught me many years ago about setting attainable goals. I also implemented a reward/penalty system to motivate me. I had the ground work from my early years. I needed to make it a competition in my later years to keep me interested. I mean look at us. What motivates us?

The reward/penalty system more applies to the actions I need to do to reach my goals. For example on the personal side, I want to attain my 4th degree black belt by 2010. I need to do 52 karate workouts in 2009, and 112 karate workouts in 2010, prior to my test. I train 4 days a week including 1 karate workout, 1 running, 1 yoga and 1 weight lifting. The reward is a nice bottle of wine on the weekend. The penalty is “NO” wine and an extra workout the following week.

With my business goals a basic premise to my success is to call the 1400 people in my database 3 times a year. This breaks down to 28 calls per day. In addition I have follow up and cold prospecting to do. Its 2 hours a day 5 days a week. If I get my calls in, I get to play golf. If I don’t, I don’t play golf.

I instituted this type of accountability with my buyer agent Tony. He was struggling with a daily schedule and planning. He and I wanted to improve it. So he must have a daily plan and accountability sheet done every day. He must do it 30 days straight. He misses one day he gives me a check for $25.00 to give his ex-wife. He succeeds, I buy him a nice bottle of wine. Do you think he’s missed a day? Not on your life!!

This is a great time to have goals. Goals are steps to a greater self. The only way to achieve them is a plan with steps. Those steps need accountability. Accountability will bring you to your goals/resolutions.

Good Luck & Happy New Year!!
Thanks,
Brian

POSTED BY: Brian Maecker AT 01:28 pm   |  Permalink   |  0 Comments  |  E-mail this
Friday, 23 January 2009

Happy New Year to all of you! I hope your holidays went well. Here at The Brian Maecker Team we all took pieces of the holidays off and we are excited to start 2009.

Well 2008, is over and the market saw big drops in prices, drops in sales activity and drops in inventory. We have also seen interest rates drop to record lows.

What does all this mean to the public of Colorado Springs? First it means that real estate is at or near bottom. Over the last 2 years we have seen prices drop 15-20% in various areas of Colorado Springs. I think the carnage is over. Inventory is continuing to drop. This is another indicator that is showing the market is leveling off. In 2007, we saw record amounts of inventory and now in 2009, it is back to normal. Activity was pretty constant in 2008, until September. When big banks collapsed it scared us. Today we are seeing banks doing loans to qualified buyers at record low rates. I look for these rates to stay constant throughout the first half of year.

Foreclosure will continue to make news. We will see another wave of them in summer and fall. We are cycling through a bunch now and the next wave will come as we are finishing this batch. So foreclosure inventory will remain constant.

So, sellers & buyers, prices will not go up in 2009, but I don’t see any real depreciation happening either. Inventory will remain constant giving buyers many good choices. Real Estate is a great value right now. We are at the same average price that we were in 2003. From 1998, prices across the board are $100,000 higher. Real Estate is a solid long term investment. It is a good time to own a home and enjoy the benefits. In my 24 years I have never seen rates this low and when I saw prices discounted like this was 1988. The buyers of then have enjoyed huge benefits. This is the time to buy investments or move up.

Please give us a call and I’ll show you how!

Thanks,
Brian

POSTED BY: Brian Maecker AT 12:00 pm   |  Permalink   |  0 Comments  |  E-mail this

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