Heath's Blog

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World Renown Sunsets In Menemsha on Martha's Vineyard!

My blog is usually full of facts and reports of the market in different parts of the country.  But today, these pictures are offered to help calm the stress and pressure of the next few days.  The water is peaceful, the colors are expansive and the time is reflective.

Market reports are starting to come in from various parts of the country that the turn around has begun.  The election is only a few days from history.  So I am taking a few minutes to relax and get ready for the work to begin!

I hope you have great end of the year rally!  Happy Listing and Selling!

Martha's Vineyard Sunset

Marthas Vineyard peaceful sunset

Where the pot of gold is!

 

Heath Coker, Owner of Cape Group Real Estate
www.CapeGroup.com / capegroup@capegroup.com
508-548-8888  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup

REindex.com, The Site Engine®
508-495-1000  reindex@reindex.com
See our 2 Minute YouTube www.REindex.com/WhatIsREindex.html
@RealEstateIndex

5 commentsHeath Coker, Real Estate Broker • October 30 2008 10:11AM

How many people get to:

How many people get to:
Drive their kids to school every morning so you can start their day with a laugh and positive comments?
Drive by the beach and watch the sunrise every morning?
Occasionally take a heated, enclosed ferryboat to an island, where there is a comfortable house and more beaches?
Look for seals, watch the gulls, see the colors in the trees surrounding a picturesque New England shoreline?

Falmouth, MA is reputed to have more waterfront than any other town in the United States.
It is one of the largest towns on Cape Cod, and I think it is the best year round town to live in or visit.
You can get a great meal year round, shop, and stroll the beaches.

Lately, I have been reminding myself that I get to live in a place that people come to for vacation.
It has all that a big city has to offer, except high taxes and busy-ness.

The ferry I am on from Falmouth to Vineyard Haven is a 45 minute ride that can be either peaceful or stormy.
Today I am glad that the water is like glass, there is more sun than clouds, and the temperature is only chilly.
It will be a great ride to set my mind to get the things done on the Vineyard that will help another homeowner.

Heath Coker, Owner of Cape Group Real Estate
www.CapeGroup.com / capegroup@capegroup.com
508-548-8888  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup

REindex.com, The Site Engine®
508-495-1000  reindex@reindex.com
See our 2 Minute YouTube www.REindex.com/WhatIsREindex.html
@RealEstateIndex

6 commentsHeath Coker, Real Estate Broker • October 28 2008 03:29PM

Knowlwdge is not power, but having knowledgeable people you can rely on is powerful.

We are told that knowledge is power.
But is knowledge power, or is it the effective organization and application of knowledge toward attaining a goal that is powerful?

Real Estate information on the Internet has become like a math class with no teacher.
Did you learn math by just reading a book and teaching yourself?
How much longer would it have taken you to learn without a teacher?

The richest and most powerful men in the world don't know everything, and don't do everything themselves.
They gather people around them; those who know the specifics.
Their key to success is finding those who know the specifics and are trustworthy.
Power comes from knowing who to rely on, when you want to get something done.

People are understanding this about real estate, as the Internet becomes more cluttered.
The plethora of real estate sites on the Internet is actually helping the real estate profession, because people are becoming more and more confused by conflicting sites and poorly maintained information.

Buyers don't have time to sift and validate all the information.
Sellers don't have time to stay current with changing laws, lending problems, and market changes.
The experienced real estate professional is once again becoming the trustworthy source for real estate.

Yes, pictures are still looked at.  Addresses are still requested for a drive-by.
But true consumers know that they are most likely to have a successful real estate transaction when they rely on someone who does it every day.
The experienced real estate professional organizes and applies real estate knowledge for their market every day.
Therein lies the real power for the smart consumer.

Knowlwdge is not power, but having knowledgeable people you can rely on is powerful.

Heath Coker, Owner of Cape Group Real Estate
www.CapeGroup.com / capegroup@capegroup.com
508-548-8888  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup

REindex.com, The Site Engine®
508-495-1000  reindex@reindex.com
See our 2 Minute YouTube www.REindex.com/WhatIsREindex.html
@RealEstateIndex

12 commentsHeath Coker, Real Estate Broker • October 26 2008 08:33PM

Goo gle CEO says "Internet is a Cesspool." Is Real Estate Industry Contributing?

So the CEO of Goo gle has recently referred to the Internet as a cesspool, as he referenced the quality of content and the amount of false information residing on it.  The vast number of sites that are only out to "capture" leads or to make spam lists far out number the true intent of the Internet.  The Internet was started like most MLSs were.  It was a place where colleagues could go to easily discuss topics and do research.  But it has become contaminated with sneaky programmers who divert searches to untrustworthy sites that scrape personal information, create mistrust and cause confusion.

So what is the solution?  Do real estate professionals contribute to the cesspool?  How can real estate professionals help filter out the sneaky sites?  How does the Internet get that trust back?

First, do real estate professionals contribute to the cesspool?  Some say yes and some say no. 

Those who say no, argue that their listings and information add content to sites that people are looking for.  They believe that the content they provide to sites that others control help customers find property.  They are not concerned with how the content is used, and prefer to believe that having their content in as many places as possible, adds marketability to real estate.  Many real estate agents provide MLS searches from their own pages, making them small real tor.coms, when it is permitted.  They comment, "It is what people expect, so we have to.", or  "Everyone else does it...",  and "You can't stop it...".  Some say they use lead generation as much or more than actually selling real estate and that consumers accept it.  

Then there are those who believe that real estate professionals are large contributors to the garbage of the Internet.  They explain that because real estate searching continues to be one of the largest uses of the Internet, real estate is one of the industries contributing to the sewage on the Net.  Many agents, brokers and companies have more than one domain registered for their business adding to consumer confusion.  (One company owner in my town has at least 50 real estate domains registered.)  Then there are those sites which are not involved in actually transacting real estate, but that "mooch" real estate content from any source they can access.  Lead generation has become a side business of many real estate licensees, and it is the whole business of some sites.  Other domains try to give value estimates or sales comps that are more questionable than accurate.  Even tax information can be out of date and untrustworthy.  There are also many sites with outdated data that hasn't been updated.  R E professionals comment that between the multiple sites owned by real estate professionals, and those other sites using content with and without authorization, there is much more that listing agents can do to limit the growth of unhealthy and untrustworthy sites. 


Next, how CAN real estate professionals help clean up sites that are contaminating the Internet?  There is one sure way to halt the pollution.  If true real estate professionals control where their data is allowed to be published, their own sites become a greater source of the truth.  Someone has said to think of it this way: In the early years, agents and companies got used to having someone else display their listings because they didn't have their own domain.  But now, almost every agent that is active has a domain they'd like people to find - their web site is sort of their own online office.  When an agent provides content to a site not their own, often in the form of listings, that agent is decreasing the chances of their own online office being found.  The content placed on others' sites also adds to the "Internet Cesspool" instead of helping customers.  Even having similar information on their own multiple domains dilutes and pollutes the Internet.  Many agents are finding that the vast assortment of real estate sites on the Net are confusing customers and contributing to the slow down in the real estate market.  Customers are now like new licensees, in that they are trying to decipher large amounts of real estate data and statistics into useful information.  Add to that confusion, a high turnover in the real estate industry, and there is a huge opportunity for those who depend on agents for content to convince new licensees that they need to feed competing sites.

So, CAN true professionals help de-pollute the Internet?  Yes and many are.  There are professional movements all over the country that are focused on endorsing real estate professionals' own web sites.  Automatic content feeds are stopping.  Listings are returning to the listing agent's or company's pages.  Many are recognizing that mistrust is resulting from misuse of real estate information. True experienced professionals who are intelligent enough to know they need a web site, are now understanding that feeding other sites content is creating mistrust that is not in the best interest of their customers or their business.

And finally, How does the Internet get that trust back?  Well, it took a long time to get here.  Most of the large search engines are trying to get their robots to filter better.  Many virus protection programmers now have add-ons that tell you if a site may be hazardous before you click on a search result.  But the only sure way to re-build trust, is to provide trustworthy results and information.  Experienced real estate professionals have begun to understanding that trust is more valuable than having their data and listings on many sites - especially when those sites may not be trustworthy.  Having true, professional information on a domain that is owned and operated by the professional that originates the content and is responsible for it, is best for the public, the business, and the Internet.  Not to mention the time saved by having fewer places that need to be monitored or updated.

So the real estate industry does contribute to Internet Pollution.  And, I think true professionals CAN help change it.  Trust is worth more than confusion and contamination.

Happy Selling and Listing!

Heath Coker, Owner of Cape Group Real Estate
www.CapeGroup.com / capegroup@capegroup.com
508-548-8888  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup

REindex.com, The Site Engine®
508-495-1000  reindex@reindex.com
See our 2 Minute YouTube www.REindex.com/WhatIsREindex.html
@RealEstateIndex

8 commentsHeath Coker, Real Estate Broker • October 13 2008 11:58AM

10 years of home sales in Falmouth MA. Is this the bottom?

The chart below is a visual representation of single family home sales in Falmouth MA over the last 10 years.  As can be seen, there was definitely a peak in 2006.  Since that time there has been a steady decline in the number of sales.

Well, is this good news?  Many real estate analysts say that real estate works in 10 year cycles.  So it the peak was in 2006, we must be at or near the bottom of the downturn.  When you add in the lowest interest rates in awhile and the availability of foreclosed properties, there are some opportunities to buy at good values - even in the current turmoil.

 10 Years Of Home Sales In Falmouth MA Heath Coker

So if you are considering Falmouth as an investment or as a place to settle down, now is the time to get a good real estate broker, or an agent if you can't find a broker, to "bird-dog" for you.  I recently found one buyer a home that meets all their criteria - after 10 months of patient looking.

Its a beautiful day on Cape Cod!

Heath Coker,  Cape Group, 508-548-8888

Heath Coker, Owner of Cape Group Real Estate
www.CapeGroup.com / capegroup@capegroup.com
508-548-8888  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup

REindex.com, The Site Engine®
508-495-1000  reindex@reindex.com
See our 2 Minute YouTube www.REindex.com/WhatIsREindex.html
@RealEstateIndex

2 commentsHeath Coker, Real Estate Broker • October 09 2008 01:37PM

Need a place for a wedding on the Cape?

Since I live on the Cape, I often forget people come here for vacations and special events.  Today I was reminded that I get to live in a wonderful place.

I just spent a very pleasant morning in Dennis, about 30 to 40 minutes from Falmouth.  Our Sunday morning Bible study group met at the Lighthouse Inn in Dennis.  What a pleasant place.  They had a great buffet and we ate while looking out over a peaceful Nantucket Sound.  The sun was just coming up and there were enough clouds to cause the rays of the sun to stream through in picturesque beams.  One couple in our group works here during the summer months.  He said they have weddings all the time.  I can see why.  All the staff is pleasant and friendly, and the cottages and the buildings are picturesque Cape Cod.  The grounds are well cared for, it is oceanfront, and there is plenty of beach.  During the summer they have things to do from skidoos to shuffleboard.  Today, there was a roaring fire in the reception area, and we got to got up into the real lighthouse cupola.  If you are looking for a summer vacation or a place to have a wedding, this is one to consider.

Their web site is www.lighthouseinn.com.

Happy selling and listing! - and vacationing or wedding-ing!

Heath Coker, Owner of Cape Group Real Estate
www.CapeGroup.com / capegroup@capegroup.com
508-548-8888  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup

REindex.com, The Site Engine®
508-495-1000  reindex@reindex.com
See our 2 Minute YouTube www.REindex.com/WhatIsREindex.html
@RealEstateIndex

2 commentsHeath Coker, Real Estate Broker • October 05 2008 11:40AM

Where are people looking for Real Estate? Here are the Top Ten States

So it is a new month once again. And, for those who'd like to know, REindex.com (pronounced: are-ee-index) has published its Top 10 States where people are looking for real estate. They report their information in 2 forms. The first is a list of states that get the most activity on REindex.com, The Site Engine®. The number of people searching for real estate on the Internet is still very high, even though the number of transactions in some states are low.

There are still people with cash and/or good credit who are able to buy. They are all looking for the "deal on a deal", but they are looking. Smart investors and home buyers are using the Internet to research both properties and agents. One of the best ways to find out about an agent is to read their web pages. One of the best places to find the agents that list property in a town is REindex.com, The Site Engine®.

The Top Ten States surfed on REindex in the month of September are:
Florida,
Kansas,
Minnesota,
New Jersey,
New York,
Ohio,
Oklahoma,
Oregon
Texas, and
Wisconsin.

The second is a report that weighs the number of searches with the number of cities in that state. This weighted report lists states with activity that may be due to economic reasons. By using an average per town, state activity can be compared state by state without regard to size of the state. For example Rhode Island ranks much higher on the second report than it does on the first report.

Hopefully this activity indicates people who are getting ready to buy!

Happy Selling and Listing!

Heath

Heath Coker, Owner of Cape Group Real Estate
www.CapeGroup.com / capegroup@capegroup.com
508-548-8888  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup

REindex.com, The Site Engine®
508-495-1000  reindex@reindex.com
See our 2 Minute YouTube www.REindex.com/WhatIsREindex.html
@RealEstateIndex

13 commentsHeath Coker, Real Estate Broker • October 03 2008 01:11PM