COLDWELL BANKER DANFORTH BROKERS BANTER · COLDWELL BANKER DANFORTH | BROKER’S BANTER | MAR/APR...

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COLDWELL BANKER DANFORTH MARCH/APRIL 2019 ISSUE # 2 CBDANFORTH.COM [email protected] Awards Banquet Recap Awards Winners GenBlue Conference 6 8 9 BROKERS BANTER

Transcript of COLDWELL BANKER DANFORTH BROKERS BANTER · COLDWELL BANKER DANFORTH | BROKER’S BANTER | MAR/APR...

C O L D W E L L B A N K E R D A N F O R T H

MARCH/APRIL2019

ISSUE#2

CBDANFORTH.COM

[email protected]

Awards Banquet Recap

Awards Winners

GenBlue Conference6

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BROKERSBANTER

TABLE OF

CONTENTS03 TOPPRODUCERS

04 ANNIVERSARIES

05 NEWBROKERS

06 GENBLUERECAP

08 AWARDSBANQUET

09 2018AWARDWINNERS

14 CALENDAR

15 COREMARKETINGCLASS

16 MARKETTRENDS

17 INTHECOMMUNITY

18 CARTUSCOMMUNITY

19 PROPERTYMANAGEMENT

20 ABSOLUTEMORTGAGE

21 GPS

22 CONCIERGE

CBD Brokers,

This is always one of my favourite issues of the Brokers Banter, where we get to honor our top producing brokers for their outstanding efforts in 2018. We had a great year and I am so thankful for our entire team.

For many reasons, I'm also glad that spring is here. I love seeing all the new growth and flowers popping out very much like our real estate market. It was a long winter and that snow and cold streak didn’t help. I am thrilled to see the activity picking up big time! It is actually quite predictable; middle of March everything changed for the better. We will go into more details and statistics in our Market Trends section.

We have some great classes coming up, please take full advantage of them!

Never hesitate to call or email me with any questions or ideas,

Dave Danforth

Dave’s DeskA letter from Dave Danforth, President Coldwell Banker Danforth

Coldwell Banker Danforth in the CommunityRead more on page 17 ››

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Carrie Pierce-JohnsonListing Volume

Carrie Pierce-JohnsonLisa JonesListing Volume

Carrie Pierce-JohnsonListing Volume

Carrie Pierce-JohnsonSales Volume

Julie LangSales Volume

Julie LangSales Volume

Brenda BakkenLeona LytleTeam Listing Units

Brenda BakkenLeona LytleTeam Listing Units

Brenda BakkenLeona LytleTeam Listing Units

Brenda BakkenLeona LytleTeam Sales Units

Brenda BakkenLeona LytleTeam Sales Units

Brenda Bakken Leona LytleTeam Sales Units

Kathy FulksCathy Van DykeTeam Sales Volume

Dawn BourdoCorey HaysTeam Sales Volume

Sue DarnellChristina FitzerTeam Sales Volume

Stacey KoutlasSage SandersMelanie WitsmanSales Units

Armie DiazSales Units

Armie DiazSales Units

Dawn BourdoCorey HaysTeam Listing Volume

Brenda BakkenLeona LytleTeam Listing Volume

Brenda BakkenLeona LytleTeam Listing Volume

Nancy FongHelen HendricksListing Units

Susan KruegarListing Units

Susan KruegerBrent FossoListing Units

Congratulations to Our TopProducers!We are proud to have such a wonderful team of talented brokers here at Coldwell Banker Danforth! Here are some of our recent top producers.

Q12019

FEBRUARY2019

MARCH2019

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LeAnn AbeytaFederal Way

Rahsaan FreemanCommercial

Janis PeaseFederal Way

Pam AbbeyBurien

Steve ComstockCommercial

Erin NaumannNorthgate

Gary SjoblomNorthgate

Robert WatsonCommercial

Patrick RockFederal Way

Jennifer FassnachtNorthgate

Julia ChonNorthgate

Ryan RileyNorthgate Dawn Apacible

Northgate

Jan HartNorthgate

Melody OxleyNorthgate

Monica Posada-GarciaNorthgate

Dolly ClaxtonBurien

Susan KruegerFederal Way

Jonathan PookNorthgate

Brent ReidNorthgate

Melissa TruaxNorthgate

Patrick DempseyNorthgate

Jeff StoddardCommercial

Armie DiazFederal Way

Shelly VanWagnerFederal Way

AnniversariesThank you for your time with Coldwell Banker Danforth! We appreciate you! Congratulations to our brokers’ 1, 5, 10, and 15 year anniversaries!

1YEAR

5YEARS

10YEARS

15YEARS

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Ro AliNorthgateFrom: Avenue Properties

Mandi DarnellFederal WayFrom: Coldwell Banker Evergreen Olympic Realty

Dorota WarczakNorthgateFrom: Windermere / FN

Brandon ThomasCommercialNew Broker

Nova ShankNorthgateFrom: Champions RE Services

James GrayFederal WayFrom: RE/MAX Northwest Realtors

Angela Andrews-BaileyFederal WayFrom: Coldwell Banker Bain

Gene HendricksonNorthgateFrom: Coldwell Banker Bain

Rick MillerBurienNew Broker

Jasmine SantanaFederal WayFrom: Berkshire Hathaway HS NW

Nicole TarabochiaBurienFrom: RE/MAX All City

Franz Von HirshchmanCommercialNew Broker

Loren StayboldtNorthgateFrom: Keller Williams Northstone Team, Issaquah

WelcometoCBDanforth!Help us welcome the brokers who have recently joined our team!

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GENBLUE

GenBlue is always a great a chance to refresh

your sales skills, technology options, and your

enthusiasm for selling real estate. The general

sessions and classes are full of great speakers.

The evenings are great for networking for

referrals, and the parties and concerts are

ton of fun!

An awe-inspiring event from corporate

Some of our favorite parts of the week:

Opening day is full of real estate industry stars and top producing agents. GenBlue also brings in Hollywood stars, as we had a private show from SNL’s news comedian Colin Jost. The Property Brothers came to speak to the fans of real estate reality TV.

There are dozens of great speakers, from motivators to techies, philosophers, and sales coaches.

Opening day at GenBlue!

Jack Angus rocking out to Imagine Dragons.

Pool Party at the MGM Grand.

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In-depth highlights of Day 2:

https://blog.coldwellbanker.com/best-of-gen-blue-day-two/

Of course, there’s always the tech at a GenBlue conference:

Agent X is a new voice assistant that gives real estate agents the ability to access their listings, create calendar appointments, and get a daily real estate news digest right from an Amazon Alexa. This will be available to all Realogy (CB’s parent company) agents.

Social Ad Engine will minimize the time it takes you to get Facebook and Instagram ad campaigns running, and maximize your results at the lowest cost. Advertise listings or drive traffic for buyer leads, with less time needed.

In-depth highlights of Day 3:

https://blog.coldwellbanker.com/the-power-of-realogy/

There’s always a big party on the last night, and this year took it to the next level. With the combined power of the Realogy brands, 12,000 agents and brokers rocked out to Imagine Dragons at the MGM Grand Theater. Whether or not you’re a fan of the band, you can feel the strength of the network that Coldwell Banker benefits from.

If you haven’t been to GenBlue yet, save a spot on your calendar for next year. You’ll thank yourself for it later.

Homes for Dogs!

Enjoying food and friends at New York New York Casino.

Bob and Dave get ready for March Madness at GenBlue!

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ColdwellBankerDanforth's2018

Celebratingourhigh-flyingaces!

Parts becoming a whole represented by paper airplanes.

Bob, Phyllis and Dave celebrating 25 years as a company!

Kim Adams sharing the secret of a long career in real estate.

Janie Duckett being recognized for selling the most expensive home company wide in 2018.

Dave Danforth welcoming everyone to the awards banquet.

Keynote Orion CEO, John Theisen discussing what he’s learned in his esteemed career.

New broker Rajaa B. sharing why she chose real estate as a career.

2018 Rookie of the Year

Armie Diaz

Banquet Highlights

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2018OverallTopProducers

2018OverallTopTeams

Top ProducerHighest Gross Commission IncomeInternational President's Premier

Top TeamHighest Gross Commission Income

International President's Circle Team

Top TeamMost Closed Units

International President's Circle Team

Top ProducerMost Closed Units

International President's Circle

Carrie Pierce-Johnson

Duckett GroupForey Duckett & Janie Duckett

Dwell Home TeamChristina Fitzer & Sue Darnell

Susan Krueger

CONGRATULATIONS

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2018TopProducers&TeamsbyOfficeNORTHGATEOFFICE

FEDERALWAYOFFICE

BURIENOFFICE

Top Gross Commission Income

Top Gross Commission Income

AND Top Units Sold

Top Gross Commission Income

Top Units Sold

Top Team

Top Units Sold

Top Team

Top Team

Carrie Pierce-Johnson

Susan Krueger

Brent Fosso

Duckett GroupForey Duckett & Janie Duckett

Dwell Home TeamChristina Fitzer & Sue Darnell

Sage Sanders

Leona Lytle & Brenda Bakken

Kimberly Morgan Storey

CONGRATULATIONS

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2018AwardWinners

International President’s Circle

International President’s Circle Team

International President’s Elite

JimAcklin

Duckett GroupForey Duckett and Janie Duckett

Danan Powell

Lilli Ann Carey

Tess Christensen

Kimberly Morgan Storey

Sabine Bestier

Dwell Home TeamSue Darnell and Christina Fitzer

Sage Sanders

Lisa Woods

Ben Snyder

Alex Eckardt

Renee Gray

Brent Fosso

Susan Krueger

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International Diamond Society

Kathy ArpeLisa BibbRhonda BleckLaura CahillJon CatlowArmie DiazHelen Hendricks

Tom JurewiczStephanie KastnerJane KimNancy KosnoffGina LaneChris OppfeltPatricia Phillips

Mick PrandiSaviya RobinsonGary SjoblomMatt SmallDavid SmithFekade Tessema-BarkeMichelle Wright

International Diamond Society Team

International Sterling SocietyLinda BakerKathy BeckesMargaret BergScott BergenLilia BlomgrenJenifer BrawnerHeidi BrightMichelle ClyborneAlicia DalsegPatrick DempseyNancy Erickson

Tami FoustMichael GoodJay GraumanKim HarlingtonChristine HidalgoPhil JonesPaul KimMarsha KonsmoStacey KoutlasVirginia LawsonScott Morton

Chris MoyerChristina MullenbergCorey OrvoldBarbara OttersonJoan RobinsonSusan TorreyJoy TsuiStephen UdyBig Mike Young

Danforth Sapphire AwardDawn ApacibleCaroline BouvierDavid FraschLouise HansenSteven LieuJoyce LoweCleve Martin

Carrie McCarthyMindy McCleanErin NaumannKathi NoremDan SanchezAnastacia ScearcyRebecca Smith

Michelle StoweTracy ThesenvitzPaul UhlTamara VandenbergMelanie WitsmanLarry Woods-PalmerAlex Zeiady

Danforth Sapphire Society Team

2018AwardWinners

Brenda Bakken and Leona LytleTracy Krueger and Owen KruegerKelly Fulks and Cathy Van Dyke TANDM Real Estate - Tony Ogden and Marisa Callaghan

Corey Hays and Dawn Bourdo

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Bill Abbott, MBA 2018 Top Producer (Gold)

Circle of Distinction

(Silver)

Rahsaan Freeman 2018 Top Producer

(Silver)

Michael Swanson 2018 Top Producer

(Bronze)

Byron Hiller 2018 Circle of Distinction

(Platinum)

BobFredrickson,CCIMPresident

206.595.7232 [email protected]

2018CommercialAwardWinners

CommercialEliteTop15CBCofficesworldwideforthefourthyear!

View all the upcoming events that CB Danforth and Coldwell Banker offer in one location. Here are a few outstanding features:

• Mobile Friendly

• Color coded for easy identification

• RSVP from your phone or desktop

• Update Your RSVP’s from calendar

• Single page summary of upcoming

trainings & events

• One click to see full details

• One click to add to your calendar

CBDANFORTH’SONLINEEVENTCALENDAR

ISAHIT!

cbdanforth.com/events-private

Password: cbd

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COLDWELL BANKER DANFORTH EDUCATION

Training will focus on these subjects:

THE NATURE OF BUYER BEWARE

RECENT CHANGES IN THE RCW’S

FAIR HOUSING REMINDERS AND VIOLATIONS

LEGAL DUTIES OF AN UNLICENSED ASSISTANT

ADVERTISING GUIDELINES

3 Clock Hours of CORE - Required every two years

Core with AnnieTukwila Community Center | May 9th 2019 | 10 am - 2 pm

FEATURING:

Annie FitzsimmonsLead Attorney for the Washington State Association of Realtors

Sign Up

Class is free. Lunch included.

or call 253-874-3200

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MARKET

KINGCOUNTY

SEATTLE

EASTSIDE

SNOHOMISH

EVERETT

PIERCECOUNTY

TACOMA

SOUTHKINGCOUNTY

KITSAPCOUNTY

THURSTONCOUNTY

CLICK ON THE LINKS TO VIEW THE LOCAL MARKET TRENDS

After one of the slowest Januarys and Februarys in recent history, the spring real estate spigot was finally turned on in the middle of March. We are seeing the best activity for new pending business since June of last year.

CBD brokers have put 162 deals in escrow in the 3-week period starting in the middle of March! That is a 47% increase over the previous 3 week period. Great job on being ready when the clients decided to re-enter the market!

Not surprising we are also seeing huge uptick in new listings and open houses. From what we're hearing, open houses have seen great buyer

turnout, so make sure you are taking advantage of this opportunity to pick up new clients. April and May have traditionally been the best months to sell a home and all indicators are showing that they should be very strong again.

If your clients/sellers are looking to maximize their net proceeds, remind them that right now could be their best time to list and receive multiple offers on their home!

Click here to review our best practices for multiple offers article:

http://www.cbdanforth.com/docs/Multiple_Offer_Situations.pdf

TRENDS

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CBD IN THECOMMUNITY

Northwest Harvest

THANK YOU volunteers for showing up bright and early and rocking those awesome hairnets to help package up 2,198 pounds of pasta on March 18th at the NW Harvest Warehouse in Kent. That is enough to provide 1,690 meals. Way to go team!

Bloodworks Northwest

Tuesday, May 14th 9am - 3pm – Federal Way Office

Did you know that over 41,000 blood donations are needed daily and that one blood donor can help to save 3 lives? We will be holding a blood drive on Tuesday, May 14th from 9am-3pm (closed 11am-12pm for lunch) at the Federal Way office. Please email Valerie at [email protected] for more information and to get signed up to donate.

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COLDWELLBANKERDANFORTH

ISNOWPARTOFTHECARTUSBROKERNETWORK!Our company can now offer you national coverage for all your outgoing referrals! The Cartus Broker Network comprises the multiple talents and resources of the nation’s top Realogy brokerages, including Coldwell Banker, Century 21, ERA, Better Homes & Gardens, and Sotherby's!

Your Outbound Referral Resource

When you have an outbound referral needing placement outside of our company coverage area, you have a “go to” resource ready to help!

Submitting referrals is as easy as 1-2-3:

1. Get permission from the customer to be referred to a destination broker.(This is a mandatory company policy due to the Federal Do Not Call List.)

2. Fill out the outbound referral worksheet completely:http://www.cbdanforth.com/docs/CBDOutgoingReloReferralForm.pdf

3. Submit it to our office Relocation Director – Jim Acklin at [email protected]

You will receive confirmation that your referral placement request has been received by email.

Regular updates are requested from the destination broker to keep you informed, but it is extremely important for you to keep in touch with your client to ensure they are satisfied with the agent assignment and their plans haven’t changed.

Everyone wins! Your customers get a trained, background checked and certified sales agent who will deliver high quality service and is required to meet minimum production standards. You get to take advantage of all the benefits of referring through the Cartus Broker Network, including Cartus oversight of the referral from beginning to end, and guaranteed referral payment.

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PROPERTYMANAGEMENT

Update from Olympia on Pertinent Rental Laws

Bills that would extend the time a landlord must wait before filing an eviction due to non-payment of rent in Washington State are continuing to move through the legislature.

HB 1453 extends the number of days a tenant has to pay or vacate after failing to pay rent from the current three days to 14 days, has passed the house. Senate Bill 5600 has also passed. To follow is a summary of SB 5600:

• Extending the 3-day notice for default in rent payment to 14 days’ notice.

• The 14-day notice of default be written in plain language and include information on civillegal aid resources available, if any, to the tenant.

• The 30-day mandatory time frame increases to 60 days when landlords propose a rent-change amount, and requires a landlord to first apply any tenant payment to rent beforeapplying the payment toward other charges.

• Prohibits continued tenancy and relief from forfeiture to be conditioned upon tenantpayment or satisfaction of any monetary amount other than rent.

• Provides the court with discretion to provide relief from forfeiture or to stay a writ ofrestitution.

• Requires a landlord to provide a tenant with documentation regarding any damages forwhich the landlord intends to retain any of the deposit amount.

These changes will have an enormous impact on your owners, and the properties CBDPM manage (especially those who have a mortgage payment to make on the property they’re leasing out).

If you have questions or concerns, contact the sponsors of the bill: Senators Kuderer, Das, Nguyen, Frockt, Cleveland, Darneille, Saldaña, Hasegawa, C. Wilson, Conway, Randall, Wellman, Keiser, Hunt, Pedersen and Liias.

**Remember, all rental contracts must go through Coldwell Banker Danforth Property Management. For more information contact Kim Egge at [email protected]

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1 www.absoluteloans.com

(continue) Providing assistance to employees — both in the form of financial incentives and informational resources that help make homeownership more accessible — helps create happier employees and overall reduces the stress related to the task of buying a home.

The American dream isn’t dead — millennials want to own homes, they just can’t afford it. Offering homebuying assistance as a benefit helps to support that effort.

What do you need to offer to make the homebuying benefit attractive and accessible?

Be willing to help your employee pay for a home inspection, cover some of the cost of the realtor or offer another financial incentive that fits within your budget and organizational framework.

Arrange for a homebuying seminar in-office, so employees have the proper time to learn about how to equip themselves to get a

mortgage, understand how to save for a down payment and other components of the process.

Make a strong introduction to a mortgage lender who knows what they are doing and has your employees’ best interest at heart.

If possible, create access to a dedicated homebuying concierge who specializes in first-time h omebuying a nd u nique t ech employee scenarios (i.e,. recent IPO, cryptocurrency, multiple business ventures) to answer your employee’s questions related to the homebuying process.

Overall, offering a homebuying benefit to your employees can go a long way for employee happiness, retention and general satisfaction. Being there for employees to support them in monetary and emotional ways during the largest financial decision of their lives will be rewarding and will help you build a reputation in the community that demonstrates how much you care about your employees in and out of the workplace. 0

Homebuying assistance in the form of an employee benefit is taking corporate benefit offerings to the next level. The year 2016 was all about physical wellness benefits, and 2017 saw more focus on mental wellness benefits.

All signs indicate that there is a rising demand for more holistic wellness benefit offerings, and this is beginning to embody more than just the standard offerings of dental, vision and health coverage. An increasing number of services are cropping up that make it simpler and more affordable for companies to offer financial support to employees who need guidance in many different facets of their life, making it a ripe area for employers to show support. In 2018, providing homebuying assistance to employees could be the next big thing. My company has begun testing the waters of assisting employees with their home purchase, and early indicators spell success.

Why should more affordable home ownership be an employee benefit?

• Productivity: Traditional house hunting is time-consuming. Homebuyers have told us theyappreciate the time they’ve saved at work by doing things digitally and not being interrupted with phone calls.

• Retention: Multiple studies show homeownership has a positive psychological impact on theindividual, including an increased sense of investment in the community.

• Satisfaction: By making ownership more affordable, employees may have a greater chance tolive near work and reduce commute times, therefore increasing satisfaction along with retention.

• Loyalty: Buying a home is an emotional process, and being an active participant in making that milestone occur for your employees and their families can naturally increase their loyalty to their employer.

• Attracting talent: A significant number of millennials report being willing to make a small salary sacrifice if the employer provides them with certain benefits that improve quality of life andenhance their careers.

Why do employees find a homebuying benefit valuable?

The traditional process of buying a home can be cumbersome, time-consuming and stressful. It can often distract from work and personal relationships.

Homeownership

The Ultimate

Perk

©2018 A division of Finance of America Mortgage LLC | | NMLS ID #1071 | 300 Welsh Road, Building 5, Horsham, PA 19044 | (800) 355-5626 | MortgageBanker License #0910184 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act

Call Your Full Service Lenders Today!Shannon SorensenSr. Mortgage AdvisorMLO-85256C: 206.794.1764F: 425.223.3333ssorensen@absoluteloans.comssorensen.absoluteloans.com

Lori RichmondSr. Mortgage AdvisorMLO-78795C: 206.226.5410F: [email protected]

Craig WalkerBranch ManagerMLO-156034C: 206.999.5600F: [email protected]

Contact an Advisor below to hear more about Home Lending Programs offers and benefits!

GPSESCROW

Are They Still Touting the Home Warranty Program!?

Uh, yah. We love to talk about it because it is such a terrific opportunity for buyers and sellers. We provide great service, free mobile signings, remote access to transaction milestones, documents and messaging. We love our jobs and know how to get things done. All of that is true, but these home warranties are downright dazzling. Check this out

Sellers / Listing:

Coverage can start at this point. Protect your seller with a home warranty while the property is listed and up to closing. So, while they pack up the place, find a new place, convince the kids that they’ll make new friends at their new school – and that the new house will be way

Your Coldwell Banker Danforth Team awaits your queries and contacts!

Amy LipscombLead Closer, LPO425.233.6552 (call/text)[email protected]

Samantha BocheEscrow Processor/Signer425.233.6565 (call/text)[email protected]

Daren Hamilton206.391.0255 (call/text)[email protected]

better – they are covered. Anything found on the buyer’s inspection or over the course of time leading up to closing that’s covered under warranty is covered. That can be one to several less things to worry about.

Buyers:

They get a year of coverage at closing. Those major systems are under warranty and buyers will have greater peace of mind. Let them focus on how best arrange the living room furniture and what day the recycling goes out. The buyer even has options within the warranty program to have their new home re-keyed, TV wall mounting and a furnace filter program. These add-on services are top-notch and unbeatably priced. We are happy to share those details.

So, to re-cap:

Send all of your listings and sales to GPS Escrow.

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CBDCONCIERGE

When interest rates decrease, demands for local vendors increaseEXCESS DEMAND: Current remodelling Vendors are in such great demand that short fuse home seller projects are tough to schedule.

CASE ONE: A Broker needed a move-out House Cleaner in a few days. The CBD Concierge Site has Premium and Referral House Cleaners. None were available, so the broker used her own House Cleaner.

CASE TWO: A Broker’s client wanted a certified Electrician to install 6 GCFI outlets. All Concierge Premium and Referral Electricians were unavailable. The Concierge found two new LOCAL Electricians for bids.

CASE THREE: A Broker needed her house repainted. All Concierge Premium and Referral Painters were unavailable, so the broker found three Painters in her LOCAL area. We hope to add them to the website.

POINT: Brokers and Clients need more LOCAL VENDORS to meet the growing need as the housing market demand for remodelling increases.

HELP: If each of our Coldwell Banker Danforth Brokers referred at least one of the following types of LOCAL VENDORS to the CBD Concierge, we could more easily and quickly meet the urgent remodelling needs of our clients.

PREMIUM and REFERRAL ADS: A Vendor’s “Premium Ad” includes full contact information; A Vendor’s “Referral Ad” requests the Concierge Pre-Screen each request before connecting the Vendor with the Broker or Client. (We have over 250 Vendor Types, so any Referral would help.)

REFERRAL REQUEST: Please send us your LOCAL VENDOR Referrals and we will contact them to see if they would consider getting more business, either for a “Premium Ad” with a small subscription fee or for a “Referral Ad” with an appropriate small finder’s fee. Send your referrals to [email protected] or 253.332.3197 or use the “Referral Form” on the CBD Concierge Website.

BROKER ENGAGEMENTS: This year, your Concierge has provided direct Vendor Referrals to over 25% of our Brokers and their Clients.

THANKS to those brokers who have already sent Vendor Referral Suggestions.

Remodelers

Painters

Roofers

Home Inspectors

Handymen

Landscapers

House Cleaners

Electricians

Plumbers

Movers

Packers

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