Monthly Archives: September 2011

Is Your Agent An Asset, Or A Liability

Is Your Agent An Asset or Liability?

 

Buying and selling a home is a complicated transaction in any market.  Given the many complexities of today’s housing environment, a good real estate agent is your biggest asset.

A good agent keeps deals together and gets them closed, while the wrong agent will cause havoc throughout the entire transaction and often becomes the sole reason for failure.

 

AGENTS WORKING WITH AGENTS

Agents must work with each other to bring parties together. Even though one agent typically represents the seller while the other represents the buyer, this doesn’t mean that we fight with each other.  In fact, getting along with one another actually leads to a greater probability of success.

An agent who “doesn’t play nice in the sandbox” can actually ruin a transaction.  I know a lot of consumers who think they need to hire an agent with the reputation of a  “bulldog”, or  “ruthless negotiator” to represent them. What is overlooked though is that many of these agents aren’t necessarily well-liked, or easy to work with.

Hiring one of these agents can actually be a huge liability.

AN AGENT SHOULD BE PART OF THE SOLUTION, NOT THE PROBLEM

A successful agent provides valuable guidance throughout the entire transaction. They are the captain of the ship, calm and cool in the face of adversity, never wavering on the task at hand. They offer suggestions and find ways to make things happen for you.

On the flip side, there are many agents out there that do more harm than good. They are combative and poor communicators, often highly emotional as well. Perhaps this type of agent did well in the past, but their  skills are not suited for today’s challenging market.

These agents also try to make decisions for their clients,  instead of  simply presenting information to them. They often get in their own way, yet don’t realize they are doing it.

WHAT IT TAKES TO GET THE JOB DONE RIGHT

Successful agents are knowledgeable,  have excellent communication skills,  handle themselves in a professional manner, and have good relationships within the local real estate community.

Every agent has a different skill set and personality. Having the right agent should not be overlooked, and  can actually be the single most important variable in getting a deal to close.

If you are looking to hire a real estate agent, make sure they will be a tremendous asset. It’s a rough market out there and you need all the help you can get.

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About The Authors

The above information was provided by Dan and Amy Schuman of The Schuman Team Howard Hanna.

Dan is an Accredited Luxury Home Specialist and Amy is a Certified Luxury Home Marketing Specialist. They can be reached at:

216-403-9189 or via email, danschuman@howardhanna.com or amyschuman@howardhanna.com.

Is Your Agent An Asset, Or A Liability is the property of The Schuman Team and may not be duplicated or used without their written consent. ©September,2011

Orangewood – Orange Ohio

Orangewood is a fairly large neighborhood located in Orange, Ohio, a small suburb on the East side of Cleveland. This is a very popular subdivision as it contains homes that are fairly affordable, ranging from $250,000-$400,000+.  This particular development is often sought out by local move-up buyers and those relocating to the area who wish to reside within the Orange School District, rated excellent by the State Of Ohio.

LOCATION OF ORANGEWOOD

Nearby Orange playground

 

 

 

 

 

 

 

 

Orangewood has two entrances, one off Lander Rd and the other off Harvard. It is located just minutes away from I271 and 480, offering easy highway access. It is about a 15-20 minute drive to both downtown and the airport.

Orangewood is also convenient to many local hotspots, including numerous playgrounds, restaurants, grocery stores, and two major destination shopping centers, Beachwood Place and Legacy Village . It also borders other popular East side suburbs such as  Pepper Pike, Moreland Hills, and  Solon.

HOMES IN ORANGEWOOD

Home in Orangewood - Orange, Ohio

The Orangewood development consists of single-family homes. There is a big mix of styles located here, with split levels and colonials being prevalent, although there are a few ranches mixed in as well.
A majority of the homes in Orangewood were built in the 1970’s, with some of the larger homes in the development having been built in the 80’s. Overall, the homes here average about 2800 square feet with 4 bedrooms and 2 1/2 baths. The lot sizes are about .35 acres. There are exceptions, however, with some homes as large as 3500-4000 square feet.

 

WHY PEOPLE LOVE LIVING IN ORANGEWOOD

Orangewood is viewed by locals as a real “neighborhood”  complete with sidewalks and a friendly spirit among the residents.  People we know that live here simply love the area as they say it is easy to meet people and it is very common for neighbors to become good friends. The location is also viewed as a major plus.

In addition, for those who desire Orange Schools, Orangewood offers a price range of homes not typically found in the more expensive neighboring suburbs of Moreland Hills and Pepper Pike, which are also part of the Orange School District.

Children living in Orangewood attend the following Orange Schools:

Moreland Hills Elementary

Brady Middle School

Orange High School

 

Here is a map, showing the exact location of Orangewood:

View Orangewood in a larger map<
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About The Authors

The above information pertaining to Cleveland Real Estate News was provided by The Schuman Team, Amy and Dan, of Howard Hanna. They are East side residents and their office is on Chagrin Blvd. They can be reached at 216-346-3235 or via email, danschuman@howardhanna.com or amyschuman@howardhanna.com.

We service the following Cleveland area suburbs: Bainbridge, Bay Village, Beachwood, Bentleyville, Chagrin Falls, Cleveland Heights, Gates Mills, Highland Heights, Hunting Valley, Lakewood, Lyndhurst, Mayfield Heights, Mayfield Village, Moreland Hills, Oakwood Village, Orange, Pepper Pike, Shaker Heights, Solon, South Euclid, University Heights, Westlake, Woodmere.

Orangewood – Orange Ohio is the property of The Schuman Team and may not be duplicated or used without their written consent. ©September,2011

The Most Important Question We Ask Our Clients

 

If you were to ask our past clients what they liked about working with us, they’d probably mention the high level of service they received. We like to think we offer not good, but “legendary” customer service. This starts by asking good questions.

 

 

When we sit down with our clients, whether they are a buyer or seller, we ask them a series of questions. We want to find out their goals and what they expect from us. After all, in order for us to meet and exceed their expectations, they must first be defined.  Here is the one particular question we ask that really makes a huge difference.

“What is your preferred method of communication?”

It may seem simple, but it seems like everything comes down to communication. What you say, when you say it, and the method in which you communicate are all important. Problems in any type of relationship usually arise when there is a breakdown in the lines of communication.

In today’s society, everyone communicates differently and we acknowledge and respect that.  Some people prefer email, while others like to text. There are also many that like speaking by phone as well.   And if you want to go real old school, face to face interaction still has its place.

With all these ways to interact, we feel that it’s important to find out which methods our clients prefer and act accordingly. If our hip tech savvy clients prefer texting, then we text. The ones that prefer to talk on the phone, we call them. We have notes in our files and know how everyone wants us to communicate to them.

Our hope is that our clients will appreciate how important we view service and communication.  At the end of the day, we simply want to make our clients happy and finding out how they prefer to receive information from us is a good start.

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About The Authors

The above information was provided by Dan and Amy Schuman of The Schuman Team Howard Hanna.

Dan is an Accredited Luxury Home Specialist and Amy is a Certified Luxury Home Marketing Specialist. They can be reached at:

216-403-9189 or via email, danschuman@howardhanna.com or amyschuman@howardhanna.com.

The Most Important Question We Ask Our Clients is the property of The Schuman Team and may not be duplicated or used without their written consent. ©September,2011

Executive Rentals In Cleveland Ohio

Finding a luxury rental home in some cities may be simple, but it is fairly difficult here in Cleveland.  If you are relocating to the area and wish to rent a high-end property, it is important that you have realistic expectations. Having personally relocated many years ago, we know what it’s like finding a great rental here and it’s not easy.

In this post, we will discuss the limited inventory,  reluctance for sellers to consider renting, and the need to hire an agent with the right connections.

 

LIMITED INVENTORY


 

 

 

 

 

 

 

Unlike many larger US cities where renters often have numerous options, the number of high-end rental properties here in Cleveland is typically very low. In cities like Miami and New York, it is not uncommon for affluent members of the local community to own several homes across the country, making it easier for them to offer one for rent.

In Cleveland, the number of folks who fit this category are much fewer.  Although there are quite a few snowbirds, these homes wouldn’t be available as year round rentals.

Many people think that today’s slower real estate market means that more sellers should be willing to rent, thus increasing the inventory in that market.  This is not the case.

In the lower-end housing market, there are a ton of affordable rental options as these sellers are typically more financially motivated to rent.  When it comes to luxury homes, some owners either don’t need the money bad enough to take on the risks of renting, or don’t want others living in their home.

LUXURY SELLERS RELUCTANT TO RENT

Unlike other sellers, luxury home sellers are not usually as excited at the thought of offering their home as a rental property.  While many would love to have monthly income coming in, they view renting as a possible risk.

Most people have never been landlords and the thought of renting their home is a little bit scary. Many have put a lot of time and money into their homes, and simply don’t want strangers living there.  There is certainly the fear that renters, people who have no vested interest in the home, will not properly maintain the property.

YOU NEED THE RIGHT AGENT

Working the luxury rental market is a specialized skill that not every agent possesses.   Not only does an agent need great relationships with all the local luxury “players” and local company real estate managers, but they also need to have the proper contacts deep inside the communities as well.  Friends and past clients living in specific areas are often a great resource in finding potential rentals.

The most challenging transactions I ever had were finding high-end housing for local professional athletes. The players themselves were great, but finding the right place was a daunting task.  It took a lot of time and I couldn’t have done it without my “golden rolodex” of contacts.

If you are moving to Cleveland and want to rent a luxury home, it’s certainly possible but will require patience and flexibility. You will also have to be prepared to act quickly as there is high demand for this type of housing.

In the end, your success will likely be determined by having a knowledgeable local luxury agent by your side.

Here are other articles of interest pertaining to finding Cleveland area homes:

Choosing An Agent: Local Is Better

How To Choose The Right Neighborhood

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About The Authors

The above information pertaining to Cleveland luxury  homes was provided by Dan and Amy Schuman of The Schuman Team Howard Hanna.

Dan is an Accredited Luxury Home Specialist and Amy is a Certified Luxury Home Marketing Specialist. They can be reached at:

216-403-9189 or via email, danschuman@howardhanna.com or amyschuman@howardhanna.com.

Executive Rentals In Cleveland Ohio is the property of The Schuman Team and may not be duplicated or used without their written consent. ©September,2011