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by: Mark.Eibner - View Profile on 2008-08-27 @ 2.59:18 am     Leave a comment »

Metro Brokers Entrepreneurs

MetroBrokersTV: Welcome to Metro Brokers TV and we are here today with Jesse Sehlmeyer. Welcome Jesse.

Jesse Sehlmeyer: Nice to see you Mark.

MetroBrokersTV: Tell me your company name again Jesse.

Jesse Sehlmeyer: Vintage Homes of Denver.

MetroBrokersTV: And that is a Metro Brokers company that you are an independent shareholder and owner.

Jesse Sehlmeyer: It is and we are down here on Pearl Street. <watch video>

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by: Mark.Eibner - View Profile on 2008-08-24 @ 9.00:58 am     Leave a comment »

MetroBrokersTV:  Welcome to Metro Brokers TV and we are here today with Jesse Sehlmeyer of Vintage Homes of Denver and welcome Jesse.

Jesse Sehlmeyer:  Thanks Mark.

MetroBrokersTV:  Hey, part of the reason we are interviewing you today is you are one of the more successful agents in the southeast Denver area.  Why don't you tell us a little bit about your business and where you practice your business?

Jesse Sehlmeyer:  Vintage Homes of Denver was really created to specialize in the old Denver markets around Wash Park, Platt Park, Congress Park, really the enclaves of Denver, being a Denver native and growing up learning the history of Denver.  I really want to focus my business on one very specific area of town and that has been the focus of our business over the last several years.

MetroBrokersTV:  Your office is on Pearl Street, right?

Jesse Sehlmeyer:  Yeah, right on 1601 S Pearl Street, right in the heart of the shopping district.

MetroBrokersTV:  So, tell me do you do mostly work with investors, developers right now.

Jesse Sehlmeyer:  Doing a lot of investment development including scrape offs and pop tops, major renovation project properties.  That is definitely core of our business, but we also do quite a bit of resale in old Denver since that has been an area we have marketed to since day one as well.

MetroBrokersTV:  So, tell me, we are in the second half year 2008, how has that business being going?  How is your market doing with the economic conditions today?

Jesse Sehlmeyer:  At this point, we are actually still about 97% of planned projections for sales and volume this year and most of the properties that we put out are still selling within a very reasonable timeframe for the market, even considering what people are considering a slow down in the market as a whole, we have had great success in areas that we do business in.  Markets are very localized and I think you just have to really show the consumer that these local areas of Denver are still doing quite well and you really have to also prove these markets are doing well also.

MetroBrokersTV:  So, average agent last year metro Denver doing less than three transactions.  What are you doing as far as marketing program?  Do you have a sphere of influence?  Are you using paper marketing, electronic mediums?

Jesse Sehlmeyer:  At this point, we always market heavily to our sphere of influence, our database and really looking for that long term referral business, that has been a big anchor and we are also doing electronic mailings to them at this point and we are also getting into the video segment, like Obeo somewhat or Vid2rl looking at going forward as a part of our overall marketing.

MetroBrokersTV:  So, you are working with snail mail and newsletter to clients, electronic newsletters to clients, upgrading things as far as video on your properties and so forth and anything else you are doing out there to stay successful?

Jesse Sehlmeyer:  I think really it seems kind of like a funny way doing things by just getting out there and meeting people in public.  I try to at least I would say one to three lunches a week meeting a new investor or builder and just really getting out there and trying to see what they are doing in the market and how we might be able to work with them in the market.

MetroBrokersTV:  Real estate is a contact sport.

Jesse Sehlmeyer:  Yeah, just getting out there and meeting people and nuturing those relationships for the long term.

MetroBrokersTV:  Well, we appreciate you coming in today Jesse and appreciate your input.

Jesse Sehlmeyer:  Thanks.

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by: Mark.Eibner - View Profile on 2008-08-18 @ 11.24:45 am     Leave a comment »

MetroBrokersTV: We are at Inman Connect San Francisco 2008. I have Mike Bradley and Mike is the chair person for Metro Brokers Technology Committee and Mike, what are you seeing out here at this forward thinking conference?

Mike Bradley: I always find it real interesting to see what new technology is coming on the horizon. Today's topic was heavily on the cell phones, iPhone platform, and Metro Brokers is really pushing that already with our Terabitz interface with the iPhone, something that nobody in Colorado has right now.

MetroBrokersTV: So, Terabitz does have a place here at... down at the vendor floor?

Mike Bradley: Yeah, Terabitz has a booth and Ash Munshi is speaking tomorrow at Leaders in Real Estate. So, that will be exciting to hear what he has to say.

MetroBrokersTV: Yeah, I think... yeah, I want to meet the leaders, I think there is like a dozen of them that are coming in to speak.

Mike Bradley: Yeah and it is great. We are already a partner and have been for several months with one of those leaders.

MetroBrokersTV: Oh, excellent. Well, it is good to see Metro Brokers kind of really starting to step out in the technology world. What about some of the other social media and video and have you been to any other seminars?

Mike Bradley: Well, there is lots of talk on Facebook, Linkedin, and all those other social media sites. Now, that has been going on for years and Metro Brokers, you know, we've been leading the pack. So, it is not news. It is just interesting to see where they are going with all that stuff.

MetroBrokersTV: Yeah, I think we are just maybe seeing a little more integration into everyone's lives including consumers.

Mike Bradley: Yeah, definitely. It is not unusual to get leads through those sites now in the X generation, in the Y generation, and the millennium generation, that's where they will be getting business. It is not who you know in the real world, it is who you know in the online world and that's the future of referrals.

MetroBrokersTV: Yeah, the digital footprint. Well, hey, we appreciate your interview and giving us and sharing your thoughts and time today.

Mike Bradley: Thank you very much.

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by: Mark.Eibner - View Profile on 2008-08-18 @ 9.48:44 am     Leave a comment »
Maria Cook Metro Brokers
 Submitted By: Maria Cook, Executive Director Metro Brokers Inc.

The Inman Connect Conference once again proved to be a wealth of information - as I reviewed my notes, pondering the most valuable gems that I could share with the MBI membership a particular session popped out - from Friday, July 25th.

The Speaker: Alex Periello, CEO of the Realogy Franchise Group, which consists of CENTURY 21, Coldwell Banker, Coldwell Banker Commercial, ERA and Sotheby's International Realty.

The topic: What's Next: When Will the Housing Market Turn?

The highlights...Hope is not a good strategy, the current market mandates that you know your local area - drill down by area and be the expert. Where are the opportunities? ...pricing - but you've got to get it right (if your sellers home is not selling...every 30 days, adjust the price). Mind your past clients; teach them how to buy the great deals on the market today using the equity from the home you sold them 5 yrs ago. Houses are selling - promote that in the press - put SOLD banners on ads. Communicate to all the renters you know (and don't know) - they are sitting on the sidelines and will be buyers soon, it's your job to give them the information that will move them off the sidelines.

The market is what it is right now ... it's a little sloppy and it may stay that way for a while - you can't change the market - but you can be positive about it and seize the market opportunities. Pricing is everything. Right now it's a REALTORS market - Be Proactive

My observations as far as the "social media" buzz .... is that agents need to chose just the ones that will help to grow your business - quality not quantity - be nichey, transparent, cool and local and most importantly don't be intimidated by it all - embrace it! (check out curbed.com) And in conclusion, my opinion for the MVW (most valuable websites) discovered @ the 2008 Inman Connect Conference @ San Francisco:

RealEstateTomato.com (go here to learn all about social media, blogging, etc.)

43Folders.com (for getting organized)

WordPress.com (noted site (platform) for beginner bloggers) ranked #1 by New York Times

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by: Mark.Eibner - View Profile on 2008-08-17 @ 11.30:59 pm     Leave a comment »

Realtor Logo

MetroBrokersTV : Welcome to Metro Brokers TV and I am very honored today to have Ted Bryant. Ted is a director for the National Association of Realtors. He is also director for the Colorado Association of Realtors and he has been a past Real Estate Commission chairman. So, quite a lengthy pedigree. Ted, welcome.

Ted Bryant: Thank you Mark. I am honored to be here.

MetroBrokersTV : We wanted to have you in here today Ted. First of all one of the requirements for Metro Brokers is everyone has to be a realtor.

Ted Bryant: Right. <watch video>

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