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News, articles, and advice for Maine real estate licensees, loan officers, and all professionals who assist the consumer in the real estate transaction.

Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: April 20th, 2011 at 5:02 pm
Filed under: clients, real estate

Freddie Mac has released a video series on YouTube called Get the Facts on Foreclosure. The videos address foreclosure scams and myths and provide general information to the public. This could potentially be a great resource for consumers that don’t understand the foreclosure and short sale process.
We have embedded two of the videos below. Take a look at the videos below and let us know what you think.


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Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: April 14th, 2011 at 12:34 pm
Filed under: clients, cutomer service, real estate

Clients are the lifeline for Real Estate Agents. Without your clients, your Real Estate Business would be nonexistent. This means it is extremely important to provide the highest level of customer service possible. Providing a high level of customer service can help you stand out among the competition and guarantee loyal clients.


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Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: March 25th, 2011 at 12:56 pm
Filed under: Uncategorized

(This article is a re-post. This blog was originally posted on CNN.com and was written by. Jean Chatzky. To view the original post, click here.)

(MONEY Magazine) – Think, for a minute, about what goals are. At the most basic level, they’re wants. Not wants like “I want a Coke.” Or “I want to see that new Richard Gere movie.” They’re bigger than that. They’re your aspirations for the future. For my friends Don and Paige, one goal is to spend the summer of 2005 traveling– literally–around the world. My brother Dave and sister-in-law Ali want to leave the city behind and buy a house in the suburbs. My husband and I would like to put an addition onto our house. Goals, in other words, are uber-wants.


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Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: March 10th, 2011 at 5:59 pm
Filed under: Uncategorized

(This is a re-post. This blog was originally written by, Kerri Panchuk. To view the original entry, click here.)

Policy proposals suggesting a 10% to 20% hike in mortgage down payments could derail the housing recovery, the Center for Responsible Lending said in a new report.

CRL released the report just as rumors are swirling throughout the mortgage market, suggesting a 20% minimum down payment could be in the future. Under Dodd-Frank, federal regulators are charged with setting a qualified residential mortgage, or QRM, standard. Lenders would have to retain 5% of the risk on any loans written outside of these guidelines. Banks have been pushing for a less than 10% down payment.


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Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: February 14th, 2011 at 3:17 pm
Filed under: Uncategorized

Matthew Ferrara recently wrote a blog on business planning http://tinyurl.com/4ln2yx5 In it he used a pilot analogy asking how a pilot would do it they didn’t have a flight plan. Another question worth asking is how you would feel about flying with them.

I wrote http://trelg.com/blog/self-development/#more-1202 about your control of your success. The problem is that most of us were attracted to this business by the freedom to set our own course. That freedom to enjoy great success is also the freedom to fail. It’s been said that if you don’t have a plan to succeed, you should plan to fail. Please, get disciplined and write out your plan. Follow the steps outlined in Matthew’s article. If you need help, just call me.

Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: January 27th, 2011 at 11:32 am
Filed under: Uncategorized

Success – you decide.

In frustration I once asked an agent whether he thought his lack of success came from ignorance or apathy. He replied that he didn’t know and didn’t care. After I recovered from the shock of this bold irony I wondered if there was a question in this discussion for all of us. The question is, do you care enough to know. To know not only the rules and regs that you were tested on when you studied for your license but also the market, your products and services, the products of your competitors, how to present the facts, features and benefited of your advantages, how to work with people of all the different personality preferences, how to stay connected to those you’d like to do business with and how to leverage your efforts with technology to gain profitability.


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Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: January 21st, 2011 at 12:59 pm
Filed under: Uncategorized

This blog was originally posted by Melissa Tracey on Realtor.org. To view the original post, click here.


Three real estate pros accepted REALTOR® Magazine’s staging challenge: They had 2 hours to transform one room for under $250. They tackled a home office, living room, and master bedroom. See how they transformed these rooms by being budget savvy and smart with their accessories and placement of furniture. Get ideas for your listings!

Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: January 10th, 2011 at 10:54 am
Filed under: Uncategorized

What will business be like in 2011? Some “experts” say higher rates some lower, some say higher prices some lower, some say more sales… well you get the picture. It doesn’t seem to take much to get on TV these days. So what will the real estate business be like in 2011? I’m fairly certain of two things.

1. If anyone really knew, we’d have to make a pilgrimage to a mountain top in Tibet to talk to them.

2. It will be what you make it.

Bill Heavener tells the story of 3 baseball umpires arguing about how to call a game. The first one said “some are balls and some are strikes but I call ‘em like I see ‘em.” The 2nd one said “some are balls and some are strikes but I call ‘em like they are.” I think the third one said it best “some are balls and some are strikes but they ain’t nothing till I call ‘em.”

John Herrigel uses the quote “The best way to predict the future is to create it”. Take classes to know more, practice to build skills, and muster up the discipline to do what it takes to achieve long term success vs. short term gratification. 2011 won’t be nothing ‘till you call it.

Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: January 3rd, 2011 at 2:29 pm
Filed under: Uncategorized

(This blog is a re-post. This blog was written by. Steve Harney. To view the original post, click here.)

When I was growing up, both my family and the teachers at the Catholic school I attended made a distinction between a ‘white lie’ and a lie. It seemed ‘white lies’ were okay while lying was a sin. As a child, I had difficulty understanding where the line was. As I matured, I realized there most definitely was a difference.

If a husband or wife asks if it is okay to invite their parents over for dinner, the spouse would probably say ‘sure’ even if it wasn’t 100% the truth. That was a ‘white lie’. If a young boy dresses up as a monster on Halloween and asks his father if he looks ‘really scary’, it was okay for his dad to say ‘YES’! That was a ‘white lie’.


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Posted by: Steve Hammond, Founding Partner, TRELG
  About Steve | Steve's Post Archive
Posted on: December 16th, 2010 at 12:01 pm
Filed under: Uncategorized

The holiday season is upon us! This is the best time of the year to let your clients know how much you appreciate them. When buying holiday gifts for clients, you want to give them a gift that shows them how much you appreciate them and their business. Trying to decide what to get for everyone is the most difficult part.


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