Maximize Your Real Estate Career with Us!

General News: Industry & Company

12/10/17

Happy Hanukkah!  First night is Tuesday, December 12th!

Welcome Agents New to Maximum One:  Please welcome these agents new to our company!

  • Melissa Philpot – Douglasville
  • Bonnie Bond – Emerson
  • Derall Wells – Douglasville
  • Mary Sponseller – Douglasville
  • Pamela Locke – West Cobb
  • Wayne DeSilva – McDonough
  • Hillard Bailey, III – Douglasville
  • William Skeean, II – Alpharetta
  • Cheronae Porter – McDonough
  • Marcus Burton – Douglasville
  • Lori Thompson – Douglasville
  • Shaquana Jackson – Douglasville
  • Guy Bibbs – Galleria
  • Peyton Maldonado – West Cobb
  • Ravi Suprapaneni – Galleria
  • Mary McKinnie – McDonough
  • Yolanda Phillips – West Cobb
  • Betty Watts – West Cobb
  • Marta Leanne Church – West Cobb
  • Stephanie Joyner – West Cobb
  • Mark Moody – West Cobb
  • Purnima Narendra – West Cobb
  • Jermaine Norwood – West Cobb
  • Monique Smith – West Cobb
  • Michelle Frasure – McDonough
  • Monique Hollomon – McDonough
  • Jessica Moon – McDonough
  • Gloriqua Hill – McDonough

 

MX1 Branch Christmas / Holiday Parties – Please check the calendar & RSVP for those parties so that we make sure to have enough food!  Fun & Festivities & Food for All!!! www.eAGENTweb.com – click “Calendar”

2018 GAR Contracts: Maximum One Franchises are teaching FIFTEEN (15) CE classes in December on the new GAR contract.  Be the first to see them & learn about them.. These classes will fill up so register NOW: www.eAGENTweb.com click “Calendar”  Maximum One Companies are the FIRST to bring you this information. 

2018 GAR Contracts: These contracts are scheduled to be available the beginning of January 2018.  Once they are available, it is against the GAR Licensing agreement to use any GAR forms from 2017 (or any earlier year.)

2018 GAR Contracts Price to Use:  If you belong to a local Board of Realtors & therefore the Georgia Association of Realtors (GAR) then there is no additional charge for to use the GAR contracts above your Board dues.  If you do not belong to a local Association of Realtors, then the cost to be an “Authorized User” of the GAR forms for 2018 is $234.  For more information – www.GARealtor.com

Realtor Association Million Dollar Clubs: Now is the time to go over your 2017 Production and make sure that our records match yours for the association Million Dollar Club award applications which will be available in January.

Real Estate Predictions for 2018:  I came across an interesting article in ActiveRain summarizing some predictions for 2018.  These include: increase in interest rates, builders targeting entry-level homes, more millennials entering the market & more.  Click here to read the entire article.   What do you think?

Max Cares: Prayers to Nancy Sanders as she undergoes treatment for breast cancer.

Max Cares: Prayers to Deloris Jenkins as she continues to recover from knee surgery.

Max Cares: Prayers to Heidi Kelly as her daughter continues to meet with doctors to determine if she has MS or not & how to get her feeling better.

Max Cares: Congratulations to Vivian Green on her daughter’s, Tori, pinning ceremony to become a Nurse Practitioner!

Repeat: Agent Mail at Your Branch:  Maximum One does not have agent mailboxes but there is a “pendeflex” file in the workroom that has any mail we may have received for you.  Please look in the section with the letter of your last name.  Please come by the office & get your mail as we will empty out these folders at the end of the month.  Thank you!

Repeat: Current Email & Mailing Address: If you have moved or changed your Email Address since December 2016, make sure we have your current Mailing Address & Email Address.  This is important so that you receive your 1099 when we send them in January 2018.

Repeat: Client Contacts in WolfConnect: Please get your contacts OUT of any systems in WolfConnect.  WolfConnect will be deactivated January 1, 2018.  The new CRM & Agent Website System will be through “Chime.”  More information to come but you will need to harvest all your client contact information & notes from WolfConnect.

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12/3/17

MX1 Branch Christmas / Holiday Parties – Please check the calendar & RSVP for those parties so that we make sure to have enough food!  Fun & Festivities & Food for All!!! www.eAGENTweb.com – click “Calendar”

2018 GAR Contracts: Maximum One Franchises are teaching FIFTEEN (15) CE classes in December on the new GAR contract.  Be the first to see them & learn about them.. These classes will fill up so register NOW: www.eAGENTweb.com click “Calendar”  Maximum One Companies are the FIRST to bring you this information. 

2018 GAR Contracts: These contracts are scheduled to be available the beginning of January 2018.  Once they are available, it is against the GAR Licensing agreement to use any GAR forms from 2017 (or any earlier year.)

2018 GAR Contracts Price to Use:  If you belong to a local Board of Realtors & therefore the Georgia Association of Realtors (GAR) then there is no additional charge for to use the GAR contracts above your Board dues.  If you do not belong to a local Association of Realtors, then the cost to be an “Authorized User” of the GAR forms for 2018 is $234.  For more information – www.GARealtor.com

Craigslist Ads: Be aware there are bad guys using your listings & posting them on Facebook as properties for rent.  Then they meet a potential “tenant” & take their money as a security deposit.  Please be aware of this scheme especially now during Christmas.

TRIO Referral Agreements:  Please see the attached TRIO Referral agreements – these have been signed by the Broker & are Blank for the agent to complete his/her part.  I have uploaded these in the Reference Section of Paperless Pipeline under “Referral Agreements.”  If you need this, please have them find it in Paperless Pipeline.  Additionally, remember that you must upload this agreement once you have completed your portion & received TRIO’s signature into any transaction involving TRIO. TRIO Referral Agreement for MXGR Agents 

TRIO Referral Agreement for MXGA Agents

Listing in NAVICA MLS:  Maximum One Greater Atlanta, Realtors is a Member of NAVICA and a member of the West metro Board of Realtors.  As an agent, you may have access to Navica by one of two methods: Either by joining the West Metro Board of Realtors or by contacting them & just joining Navica itself without joining their Board. Contact the West Metro Board directly for Navica Information & Application:

http://www.usamls.net/westmetro/        WMetro@Bellsouth.net   (770) 832-0804

Agent Mail at Your Branch:  Maximum One does not have agent mailboxes but there is a “pendeflex” file in the workroom that has any mail we may have received for you.  Please look in the section with the letter of your last name.  Please come by the office & get your mail as we will empty out these folders at the end of the month.  Thank you!

Repeat: MX1 Broker Support:  For ALL Maximum One Agents in ALL Maximum One Franchises – you always have Broker Support and may get your contract questions answered.

  • MX1 Support Email – Simply email – Support@MyMaximumOne.com .  There are approximately 35 experienced agents & associate brokers who monitor this email & will respond to your questions.
  • Weekend Broker-on-Duty – 770-919-8825 x 302.  This phone number will ring through to a Broker on the weekend.

Repeat: Current Email & Mailing Address: If you have moved or changed your Email Address since December 2016, make sure we have your current Mailing Address & Email Address.  This is important so that you receive your 1099 when we send them in January 2018.

Repeat: Client Contacts in WolfConnect: Please get your contacts OUT of any systems in WolfConnect.  WolfConnect will be deactivated January 1, 2018.  The new CRM & Agent Website System will be through “Chime.”  More information to come but you will need to harvest all your client contact information & notes from WolfConnect.

Max Cares: Condolences to Rone Paulding whose father passed away.
Max Cares: Condolences to Anthony Martin of AT Martin Inspections whose mother passed away
Max Cares: Get well wishes to Amy Powers of Ask for Staging who has pneumonia.

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11/19/17

Happy Thanksgiving!  Maximum One Offices are CLOSED Thursday & Friday 11/23 & 11/24.

No Newsletter next week 11/26/17

Client Contacts in WolfConnect: Please get your contacts OUT of any systems in WolfConnect.  WolfConnect will be deactivated January 1, 2018.  The new CRM & Agent Website System will be through “Chime.”  More information to come but you will need to harvest all your client contact information & notes from WolfConnect.

Holiday Parties & Charities:  Please check the Maximum One calendar online (www.eAGENTweb.com click “Calendar” for your Branch’s Thanksgiving / Christmas party.  Each branch is supporting a different charitable cause – please contact your Branch Manager or Branch Team Captain for more information.

FMLS rDocs Timeline: As of Monday, December 4th, FormsPro will be placed in “read-only” mode. You will only be able to view or print/email your existing transactions in FormsPro. As stated above, all new transactions must be created in rDocs.  As of Monday, January 8th, FormsPro will be turned off. There will no longer be any access to FormsPro.

DA Approval:  Remember that your file in Paperless Pipeline must be complete & compliant per the Maximum One Compliance Brokers for your pay at close request to be approved.  Any questions, please contact: Dawn Southern – Compliance@eAGENTweb.com 770-919-8825 x 309  or Kim Murray – MXGAcompliance@eAGENTweb.com 770-919-8825 x 303.

MX1 Broker Support:  For ALL Maximum One Agents in ALL Maximum One Franchises – you always have Broker Support and may get your contract questions answered.

  • MX1 Support Email – Simply email – Support@MyMaximumOne.com .  There are approximately 35 experienced agents & associate brokers who monitor this email & will respond to your questions.
  • Weekend Broker-on-Duty – 770-919-8825 x 302.  This phone number will ring through to a Broker on the weekend.

Current Email & Mailing Address: If you have moved or changed your Email Address since December 2016, make sure we have your current Mailing Address & Email Address.  This is important so that you receive your 1099 when we send them in January 2018.

Grow Your Business:  As you complete your business plan for 2018 (see below) then you may want to explore various ways to grow your business.  Below are some ideas to help you:

Repeat: Withdrawing a Listing: If you want to withdraw a listing from the Listing Services, the following THREE documents are required.  Complete these documents & upload into your transaction in Paperless Pipeline.  Remember that FMLS & GAMLS each charge a $25 withdrawal fee for a total of $50.

  • Termination of the Listing Agreement
    • GAR has a Unilateral Termination of Brokerage Engagement or a Mutual Termination of Brokerage Engagement
    • RE Forms – just use an Amendment for Mutual Termination or a Notice for Unilateral Termination
  • FMLS #116
  • GAMLS Listing Withdraw or Transfer Form

Repeat: 2018 Business Planning: If you don’t already have your 2018 Business Plan complete, check out these samples.  Check out our Training Calendar for our 3 hr CE class on Business Planning: “Path to Success – Business Planning for the Real Estate Professional.”  These documents have also been uploaded to the Reference Section of Paperless Pipeline.

Max Cares: Prayers for Jerrie Lusk who is recovering from a broken humerus.

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11/12/17

Welcome the Following Agents to Maximum One in October:

  • Linda DiFiore – Dawsonville
  • Valencia Hodge – McDonough
  • George Young – McDonough
  • Connie Goff – Alpharetta
  • Cheralyn Pilgrim – Paulding
  • Henry Adedapo – Paulding
  • Tori Nunley – Douglasville
  • Paul Kennedy – Douglasville
  • Eulethia Sims – Douglasville
  • Charles Lipsey – McDonough
  • Marva Cummins – McDonough
  • Octavia Philpot – Galleria
  • Helen Slaughter – Galleria
  • Pamela Bennett – Emerson
  • Olivia Harmon – Galleria
  • Brent Griffin – Galleria
  • Nikki Robinson – Alpharetta
  • Martie Williams – Galleria
  • Sherman Scott – Galleria
  • Jan Thomas – Douglasville
  • Gerald Dean – Douglasville
  • Cameo Clark – Dawsonville
  • Nichole Calhoun – Galleria
  • Terracia Brown – Douglasville
  • Joseph Dilbeck – Emerson

2018 GAR Contract: We already have many CE classes scheduled for the 2018 GAR Contract Dissection Class.  These classes fill up quickly as Maximum One is the first to offer a 3 Hr CE class on the NEW GAR contracts!  Go online & find a class & register to reserve your spot NOW! www.eAGENTweb.com & click “Calendar.”

Withdrawing a Listing: If you want to withdraw a listing from the Listing Services, the following THREE documents are required.  Complete these documents & upload into your transaction in Paperless Pipeline.  Remember that FMLS & GAMLS each charge a $25 withdrawal fee for a total of $50.

  • Termination of the Listing Agreement
    • GAR has a Unilateral Termination of Brokerage Engagement or a Mutual Termination of Brokerage Engagement
    • RE Forms – just use an Amendment for Mutual Termination or a Notice for Unilateral Termination
  • FMLS #116
  • GAMLS Listing Withdraw or Transfer Form

FMLS Login: Please remember you need to log in to FMLS at least once every 6 months or you will be de-activated from that system.

2018 Business Planning: If you don’t already have your 2018 Business Plan complete, check out these samples.  Check out our Training Calendar for our 3 hr CE class on Business Planning: “Path to Success – Business Planning for the Real Estate Professional.”  These documents have also been uploaded to the Reference Section of Paperless Pipeline.

Powers Ferry Office Updates: We have signage coming next week probably for front doors and the black monument.  Right now we are selecting cabinetry, flooring etc.  The current hold up is sprinklers.  Once those are done it will go quickly.  Also Bryan Jackson is going to focus on his real estate sales business full time. Michelle Butz will be the new Powers Ferry CEO Advisor beginning on November 15th.  Michelle will still manage DAs too.  Please join us in wishing Bryan all the best & in welcoming Michelle!

MX1 Branch Socials for Thanksgiving &/or Christmas: Please check the Maximum One online Calendar (www.eAGENTweb.com then click “Calendar”) for the date of your Branch’s festivities!  Also check with your Team Captain for more information and to help with set up, organization, food, and more!

Max Cares: Prayers for Mary Lamb who had additional surgery on her throat this week.
Max Cares: Prayers for Vivian Green who was involved in a car crash this week.

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11/5/17

Maximum One Branch Thanksgiving & Christmas Socials: Each Branch is having either a Thanksgiving or Christmas luncheon to celebrate the holidays!  Please join us for the festivities!  You may bring a dish if you would like to but don’t let that hold you back if you don’t want to!  Check the Calendar to see when your Branch’s party is being held and consult with the Branch Team Captains for more information!

TEAM CAPTAINS – Organize & Schedule & Prepare Team Meetings / Social Events  – 770-919-8825 then extension by name

Contributing Commission to Your Client: If you are contributing part of your commission to your client, many times the Lender or Closing Attorney will need a letter of permission from the Broker.  Please make this request by email to your Compliance Broker or Managing Broker through your transaction in Paperless Pipeline & include the following information:

  • Property Address
  • Buyer Name
  • Sale Price
  • How much of your Commission You are Contributing

Certified Move-In Ready Home: We are familiar with Listing Agents putting a home warranty on a listing and Southern Family Home Inspections will inspect a listing when you put the house on the market.  They will then put a sign in the yard that says, “Certified Move-In Ready” & share the inspection report with any potential Buyers.This may help transaction stay in contract!  They also do Radon Testing & Air Quality testing.  Contact Denise or David Thompson – Inspector@SouthernFamilyHomeInspections.com  770-580-5718.

Clients Dropping Off Money or Documents at Branch: Please remember to inform the Branch CEO Advisor that your clients will be stopping by the office to drop off earnest money.  Please make sure to follow up with your client on the Earnest Money.

Earnest Money Handling: GREC holds YOU the agent responsible for handling the Buyer’s Earnest Money.  What this means is that if the Buyer is supposed to remit the EM to the Holder ____ days after the Binding Agreement Date, you the agent must follow-up with the client on that delivery.

  • Meet the Buyer and get the funds from the Buyer & Deliver them to the Holder yourself
  • Instruct the Buyer where to deliver the funds in person
  • Provide the Buyer with the Mailing Address & Branch Manager’s Name to put on the envelope – do not have the Buyer put YOUR name on the envelope or it may end up sitting in your mailbox for a period of time
  • Instruct Buyer to indicate the Agent Name & Property Address on the Earnest Money – most firms track pending listings by property address

Earnest Money Deposit:  Regardless if you are on the List side or Buy side of a transaction, both agents should follow up with the Holder to make sure they have received AND deposited the funds.  A copy of the Earnest Money is not important – the proof of deposit IS important.  The Holder is contractually obligated to send Notice if they don’t receive the funds or they are not honored by the bank – but be proactive and follow-up on the receipt & deposit of those funds… especially if the Holder is not your own Broker.

Atlanta – Top in Rental Yields:  According to Inman’s, Atlanta is a significant player in Rental yields.  Read the entire article here: Inman Home Rental Market

Woodstock Branch Renovations Continue: Carpet & Tile & Paint are scheduled for this week!

Repeat – Smarter Agent Personal App:  At Maximum One, you get your OWN personalized Real Estate App!  It is through Smarter Agent.  We automatically sign this up for you for FREE!  To personalize your app, please send your photo to the App Manager, Michelle Butz – Paulding@eAGENTweb.com 770-919-8825 x 321.  For more information, see the training videos on www.eAGENTweb.com c;ick “Live & Recorded Webinars” tile.

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10/29/17

Daylight Saving Time Ends:  Daylight Saving Time ends Sunday November 5th.  Great time to contact your database & remind them to change the batteries in the smoke detectors & change their air filters.

Old Republic Agent Toolbox:  Old Republic Home Protection has many marketing tools available for you to customize & use. Some of these include a customizable calendar, farming coupons, personalized newsletter, door hangers / mailers, visual shows & more.  For more information, contact Scott EavesScottE@orhp.com 404-518-3820

Woodstock Branch Repairs & Renovations:  The Landlord will begin the roof repairs, window water-proofing, drywall replacement & more this week. The Training Room & Front Lobby will e under demolition & construction so not the best week to bring clients to the office.  Paint & tile & carpet to follow  the next week after the Landlord completes the repairs.

Paying Another Agent for Showing Property: You are required to have a real estate license to show property to the public.  Due to this fact, compensation for this activity is considered commission and must go through the Broker.  In other words, an agent may not pay another agent directly for showing property.  If you hire a Showing Agent – either short term or long term, you must have a written agreement, create a transaction in Paperless Pipeline, payment must be made to Maximum One & go through Paperless Pipeline and a Transaction fee & Royalty fee will be deducted based on your plan.

Contributing Commission to Your Client: If you are contributing part of your commission to your client, many times the Lender or Closing Attorney will need a letter of permission from the Broker.  Please make this request by email to your Compliance Broker or Managing Broker through your transaction in Paperless Pipeline & include the following information:

  • Property Address
  • Buyer Name
  • Sale Price
  • How much of your Commission You are Contributing

Commission You Choose to Charge: Other firms have policies & prohibitions regarding commissions that agents may offer, but not at Maximum One!  We honor & respect you as the true CEO of your company that you are!  That is why Maximum One is truly Agent-Centric.  You may run your business as you see fit including charging whatever commissions, fees that you see fit for any particular situation.  You may charge a flat fee, you may give a rebate back to a client, you may charge $0, you may charge any commission you wish, you may charge any administrative or marketing or early termination fee  that you wish!  It is YOUR business that you are running!  As long as what you do is legal, compliant, ethical, professional & disclosed!

Commission You Choose to Charge – Considerations: Consider that offering less than 3% to Buyer Broker is doing a disservice to the Seller.  It will most likely be the last one shown, if at all.  Just human nature.  Additionally, the average agent in GA only sells two deals a year so they are driving around from house to house with 50% of their income in the car.  Make sense?  Of course we cannot price fix so we do not dictate.  Just would prefer not to have sub par buyer commissions as to create a negative image of the company or you as the agent.

Atlanta – Top in Rental Yields:  According to Inman’s, Atlanta is a significant player in Rental yields.  Read the entire article here: Inman Home Rental Market

Repeat – Smarter Agent Personal App:  At Maximum One, you get your OWN personalized Real Estate App!  It is through Smarter Agent.  We automatically sign this up for you for FREE!  To personalize your app, please send your photo to the App Manager, Michelle Butz – Paulding@eAGENTweb.com 770-919-8825 x 321.  For more information, see the training videos on www.eAGENTweb.com c;ick “Live & Recorded Webinars” tile.

Repeat – Extranet – Digital Library Now on Paperless Pipeline:  The Maximum One Digital Library – “Extranet” – is now readily accessible through the Reference Section on Paperless Pipeline. Click on the reference section of Paperless Pipeline, look for the section “Extranet – Digital Library” then click on the link to go to a DropBox Folder System of the Extranet.

Max Cares: Prayers for healing to Annamaria Stalker’s Mom who is in the hospital/
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10/22/17

Smarter Agent Personal App:  At Maximum One, you get your OWN personalized Real Estate App for FREE!  It is through Smarter Agent.  We automatically sign this up for you for FREE!  To personalize your app, please send your photo to the App Manager, Michelle Butz – Paulding@eAGENTweb.com 770-919-8825 x 321.  For more information, see the training videos on www.eAGENTweb.com c;ick “Live & Recorded Webinars” tile.

Extranet – Digital Library Now on Paperless Pipeline:  The Maximum One Digital Library – “Extranet” – is now readily accessible through the Reference Section on Paperless Pipeline. Click on the reference section of Paperless Pipeline, look for the section “Extranet – Digital Library” then click on the link to go to a DropBox Folder System of the Extranet.

Reference Section of Paperless Pipeline

 

Link to Extranet Folders

 

Check Your Transaction in Paperless Pipeline: Your transaction in Paperless Pipeline holds a wealth of information!  Please look at the checklists in your transaction to ensure that there are no additional required documents needed for your file to be complete & compliant.  Copies of all deposits are also included.

Sending an Email through Paperless Pipeline: If you add a note to your transaction in Paperless Pipeline, that note will stay logged in to the transaction.  If you want that note to be emailed to a staff member, you MUST check the box next to the staff member to send that note to by email or they will never get it.

Repeat – Contract Issue to Pay Attention To:  Please be diligent & circumspect when typing contract offers & counteroffers & conformed copies.  We have seen many issues from many agents (mostly co-ops of course!  LOL LOL LOL)

  • Typographical errors
  • Transposing numbers
  • Not initialing the bottom of page 1 of the GAR Purchase & Sale & the bottom of every page in the RE Forms Purchase & Sale – Video on this topic coming out soon!
  • Leaving blanks in the contract – remember to use “N/A” or $0
  • Not putting a “check” in a checkbox for a provision that is to be made a part of the contract
  • Not attaching & referencing the “Standard Terms” as an Exhibit in the RE Forms Purchase & Sale (This is a Maximum One Policy)
  • Not sending the Lender & Closing Attorney copies of all Amendments & Notices
  • Not sending the Commission Instructions at time of offer or counter offer
  • Not calling in Home Warranties
  • Leaving the name of the Closing Attorney blank or writing “TBD”
  • Only sending the signature page of a contract when binding a contract – See Video tip on this issue
  • Not finding out all the HOA & Management Company Fees in a timely manner
  • Not attaching & referencing documents made available by the Listing Agent on the MLS Services

Max Cares:  Get well soon, Heidi Kelly who hurt her ankles and is now on crutches.

Max Cares: Condolences to Clarissa Zumwalt whose mother passed away last Sunday.

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10/15/17

Protect Your Commission on New Construction:  If a new construction property is not yet listed in FMLS / GAMLS / NAVICA or no co-op fee is disclosed, make sure you protect your Selling-Side commission.

  • Visit a new SD with your Buyer
  • Call ahead & “register” your Buyer
  • Inform your Buyer that if they are interested in new construction, you need to go with them or call ahead first
  • Remind your Buyer that if they talk to the onsite agent, they need to first inform that agent that they are working with you
  • Add the following Special Stipulation into all of your Buyer Brokerage Agreements (Stip authored by Closing Attorney Amee Davis of Davis & Associates)
    • “If you buy a house being constructed (“New Construction”) you agree that the Selling Broker commission shall be a part of the original offer prior to signing that offer.  If the transaction turns in to a Lease, you agree to pay Maximum One Realty Greater Atlanta (or Maximum One Greater Atlanta Realtors) a commission of $________ for valuable services rendered within 2 Banking days of signing lease.”

PicMonkey  This is a fabulous photo editing program.  Try it out!  Maximum One has a subscription and if you want the login information, please see the information on the Reference Section of Paperless Pipeline.

Georgia Dream Funds: Georgia Dream still has funds available in their $15,000 Hardest Hit Fund.  Grab them while they are still available!  Google: Georgia Dream Hardest Hit Fund.  Contact one of our Affiliated Lenders to get your Buyer qualified for this program!

  • No re-payment required
  • 640 Credit Score
  • Income Limits
  • Buyer may not have owned property in last 3 years
  • Buyer may not have any mortgage interest write-offs on their taxes
  • No new construction
  • Specific to certain counties

Required Special Stipulation for Any DPA for a Buyer: If you have a Buyer buying a home subject to any type of Down Payment Assistance funds, you MUST use the Special stipulation adding that to the contract to avoid your Buyer defaulting if they do not get those funds (lack of money required for Down payment or Closing Costs is NOT a valid reason to terminate based on the Financing Contingency!)  This Special Stipulation authored by closing attorney Amee Davis of Davis & Associates Please see other Special Stipulations in the Reference Section of Paperless Pipeline.

  • “This Agreement is contingent upon the Buyer’s approval for the receipt of down payment from _______ program within _____ days from Binding Agreement Date.  Should Buyer not be approved for the DPA program within this time frame, Buyer may terminate without penalty if Buyer notifies Seller in writing and providing DPA denial letter.”

Contract Issue to Pay Attention To:  Please be diligent & circumspect when typing contract offers & counteroffers & conformed copies.  We have seen many issues from many agents (mostly co-ops of course!  LOL LOL LOL)

  • Typographical errors
  • Transposing numbers
  • Not initialing the bottom of page 1 of the GAR Purchase & Sale & the bottom of every page in the RE Forms Purchase & Sale – Video on this topic coming out soon!
  • Leaving blanks in the contract – remember to use “N/A” or $0
  • Not putting a “check” in a checkbox for a provision that is to be made a part of the contract
  • Not attaching & referencing the “Standard Terms” as an Exhibit in the RE Forms Purchase & Sale (This is a Maximum One Policy)
  • Not sending the Lender & Closing Attorney copies of all Amendments & Notices
  • Not sending the Commission Instructions at time of offer or counter offer
  • Not calling in Home Warranties
  • Leaving the name of the Closing Attorney blank or writing “TBD”
  • Only sending the signature page of a contract when binding a contract – See Video tip on this issue
  • Not finding out all the HOA & Management Company Fees in a timely manner
  • Not attaching & referencing documents made available by the Listing Agent on the MLS Services

Tom Ferry Program: What You Say Matters: New Multi-Week Tom Ferry Program begins this week.  This program is designed to help you take advantage of every situation so you always know what to say – because it matters!  See more information below.  See the MX1 calendar for scheduled sessions.

Repeat – Revised DA Request Form:  We have revised the DA (Disbursement Authorization = Pay at Close) form.  These revisions should make this form easier for you to complete & for Michelle to interpret.  As a reminder, please fill out this form legibly so we can read it.  Also, you MUST include an email address for the Pre-Closer or the Closing Attorney so that we can send them the approval so that they can pay you.  If we don’t have this information from you, we will not be able to get it into their hands and you will be paid traditionally – via Direct Deposit after closing.  Click here for the new form: DA Request Form – Revised October 2017  Also, there is a copy in the Reference section of Paperless Pipeline.  Michelle Butz is the DA Manager – DA@MyMaximumOne.com or Paulding@eAGENTweb.com – 770-919-8825 x 321.  Here are the revisions – we hope you like them!

REVISIONS:

  • Added: *Additional Commission Received at Closing – (Bonus / Fee / etc): $__________ – Under Gross Commission for Your Side
  • Added: (Plus   MX1 Franchise Royalty Fee: $10)   – under MX1 Transaction Fee
  • Added: (Must Complete & Be Legible) – After Closing Attorney’s Email Address

Max Cares:  Congratulations to Lisa Osborne who has published a Self-Help book & has just become a Certified Life Coach.

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10/8/17

Welcome Agents New to Maximum One in September 2017:  Please welcome the following agents:

  • Paul Whallon – Powers Ferry
  • Chris Dunn – West Cobb
  • Dianne Dunn – West Cobb – Welcome BACK!
  • Charlene Montgomery – Douglasville
  • Michelle Neita – Powers Ferry
  • Christen Rene – Galleria
  • Elsita Sacarello Quiles – Galleria
  • Bradley Shorter – McDonough
  • Michael Liu – Galleria
  • Sandra Cocanougher – Powers Ferry
  • Clifton McGlon – Woodstock
  • Ruth Miller – West Cobb
  • David Peterson – Galleria
  • Jeaneth Diaz – McDonough
  • Ernest Tannis – McDonough
  • Keith Berry – West Cobb
  • Mondraian Hazure – Galleria
  • Sonya Sampson – Galleria
Revised DA Request Form:  We have revised the DA (Disbursement Authorization = Pay at Close) form.  These revisions should make this form easier for you to complete & for Michelle to interpret.  As a reminder, please fill out this form legibly so we can read it.  Also, you MUST include an email address for the Pre-Closer or the Closing Attorney so that we can send them the approval so that they can pay you.  If we don’t have this information from you, we will not be able to get it into their hands and you will be paid traditionally – via Direct Deposit after closing.  Click here for the new form: DA Request Form – Revised October 2017  Also, there is a copy in the Reference section of Paperless Pipeline.  Michelle Butz is the DA Manager – DA@MyMaximumOne.com or Paulding@eAGENTweb.com – 770-919-8825 x 321.  Here are the revisions – we hope you like them!
REVISIONS:
  • Added: *Additional Commission Received at Closing – (Bonus / Fee / etc): $__________ – Under Gross Commission for Your Side
  • Added: (Plus   MX1 Franchise Royalty Fee: $10)   – under MX1 Transaction Fee
  • Added: (Must Complete & Be Legible) – After Closing Attorney’s Email Address

New Copy Machines in West Cobb:  These copiers now require a 5 digit code.  Simply put a “1” in front of your previous code.  If your code is not in there, please contact Heidi – WestCobb@eAGENTweb.com 770-919-8825 x 318 so that she may add you.

Adding Copy Machine to Your Laptop:  In West Cobb, please schedule an appointment with Jennifer to add the copy machine to your laptop with your code so you can print directly from your laptop.  Admin@eAGENTweb.com  770-919-8825 x 964

BPG – $50 Buyer Rebate:  BPG offers a $50 rebate for your Buyer.  There are only 5 easy steps to take.  For more information, contact Chuck Turner – CTurner@BPGWI.com 

Homestar has “Bank Statement” Loans:  Homestar as Bank Statement Loans for Self Employed customers (= Non QM Product) The cost is a bit higher but can definitely serve a niche.  Contact Jay Alexander with Homestar FInancial Corporation for more information.

FHA Loans & Case Numbers:  Every timeline for an FHA loan is based on when the Case Number was pulled.  This is very important to keep in mind when a Buyer is switching lenders – time line may already be running!

Property Tax Bills are Now Out:  The Closing Attorney will collect the full amount from the Seller.  If your clients have closed prior to August 15 or last year, the new owner may still owe property tax.  Tax collections were based on estimates or a party may not have gotten the bill due to mail forwarding. Thank you to Amee Davis of Davis & Associates for reminding us of this information.

Some City Tax Bills are Not Out:  So if the property is in the city limits, some of those tax bills are not yet out.

What You Say Matters: New Multi-Week Tom Ferry Program begins soon.  This program is designed to help you take advantage of every situation so you always know what to say – because it matters!  See more information below.  Stay tuned to the MX1 calendar for scheduled sessions.

The Politically Incorrect Real Estate Agent Handbook: A Serious How-To Manual with a Sense of Humor: Check out this new Real Estate Handbook written by Maximum One Realty Agent, Peter Porcelli.  This handbook is full of enlightening information designed to help your business & educate you conveyed with a sense of humor.  Click here to purchase the book through Amazon:  https://www.amazon.com/dp/0998960802.  Click here to read through the Table of Contents:  https://goo.gl/Eocbyg

Repeat – FMLS: rDocs Replacing Forms Pro – Timeline:  While you have until Monday, November 6th to start using rDocs, we strongly recommend you begin creating transactions in rDocs as soon as possible so that you will be familiar with it when it becomes the only option.

  • As of Monday, November 6th, all new transactions can only be entered into rDocs. FormsPro will be placed in “edit-only” mode. This means that you will be able to edit any existing transactions in FormsPro, but no new ones can be created.
  • As of Monday, December 4th, rDocs will be the only system available for document creation, management, and e-Sign. FormsPro will be placed in “read-only” mode. You will only be able to view or print/email your existing transactions in FormsPro.
  • As of Monday, January 8th, FormsPro will be turned off. There will no longer be any access to FormsPro.

Max Cares:  Prayers for Lynn Lenton whose Mom had a cornea transplant.

Max Cares:  Prayers for Heidi Kelly whose daughter, Ashley, had to go to the ER with complications for her treatment for her vision loss.  She is on a heart monitor & should do well.

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10/1/17

8 Tips for More Effective Follow-Up Calls:  So a prospect or a client has asked you to give them a call. Great! This is your opportunity to make a good impression and strengthen your relationship with the person on the other end of the call.  Unfortunately, it’s also an opportunity to come off as unprofessional if you aren’t fully prepared. Check out this list of eight tips to make your next follow-up call amazing so you can dial with confidence.

FMLS: rDocs Replacing Forms Pro – Timeline:  While you have until Monday, November 6th to start using rDocs, we strongly recommend you begin creating transactions in rDocs as soon as possible so that you will be familiar with it when it becomes the only option.

  • As of Monday, November 6th, all new transactions can only be entered into rDocs. FormsPro will be placed in “edit-only” mode. This means that you will be able to edit any existing transactions in FormsPro, but no new ones can be created.
  • As of Monday, December 4th, rDocs will be the only system available for document creation, management, and e-Sign. FormsPro will be placed in “read-only” mode. You will only be able to view or print/email your existing transactions in FormsPro.
  • As of Monday, January 8th, FormsPro will be turned off. There will no longer be any access to FormsPro.

5 Advertising Mistakes You May Not Realize You’re Making:  Great advertising can be phenomenal for a business’s success. Companies can crank out excellent ads with excellent results, but they can just as likely create some not-so-awesome ones due to unlikely advertising blunders. Everyone makes mistakes once in a while, but wasted money on failed advertising executions is a mistake nobody wants to make.  Double check that you aren’t committing any of these advertising mistakes!  Read these 5 Mistakes Here so that you may avoid them.

 

What You Say Matters: New 8-Week Tom Ferry Program begins soon.  This program is designed to help you take advantage of every situation so you always know what to say – because it matters!  See more information below.  Stay tuned to the MX1 calendar for scheduled sessions.

Repeat – Closings in Georgia MUST Occur Through an Attorney:  To close on a property in Georgia, the closing must be done by an attorney.  This does NOT mean that you can simply send the documents to a Georgia Attorney to notarize.   Beware of transactions with an out of town investor or anyone from out of town who wants to have their out of state Title company hold the funds, search the title & then just send the documents to an attorney to notarize.  Thank you to Amee Davis of Davis & Associates for this information.  What “Closing with an Attorney” DOES mean is that the attorney must

  • Intake the funds
  • Disburse the funds
  • Oversee all title issues / searches
  • Underwrite the Title Insurance policy
  • Title Insurance Company must be approved through Georgia

 

Max Cares:  Prayers to Nancy Sanders who just found out she has cancer in her lymph nodes & lung.  She is a breast cancer survivor & will do it again!

Max Cares:  Congratulations to Isabel Haynes who will get her Broker’s License!

Max Cares:  Congratulations to Erica Hyland on getting her Broker’s License!

Max Cares:  Congratulations to Sonja Mulens on getting her Master’s Degree!

************

9/24/17

Maximum One does NOT allow Commission Advances:  You may not receive a commission advance if you are an agent at Maximum One.  If we discover that you have signed for a commission advance, that is grounds for Maximum One to release your license.

New Construction Deals Towards End of Year:  Many new construction subdivisions will offer Broker Bonuses and Buyer incentives from now until the end of the year.  They need to sell standing inventory for tax reasons which may benefit you & your clients.

DA’s = Pay-at-Close: Please check your approved DAs as soon as you get them so we may make any corrections prior to closing.  Michelle Butz is the DA Manager & processes them.  She then sends them to you & the Closing attorney in advance of your closing.  If you have an issue, please contact her:  Paulding@eAGENTweb.com 770-919-8825 x 321.  IF, however, you have a change due to a contract negotiation (i.e. change in price, change in Closing Date, etc.) then we need a copy of the Amendment signed by the parties, a request to change the DA, then it goes through a Compliance check & then back to Michelle to process.

What Do Lenders Consider a “First Time” Homebuyer:  Most Lenders consider a person who has not been on the title to a property for 3+ years a “Fist Time” homebuyer for qualifying for various loan programs.

Do Not Negotiate by Text:  If a co-op agent texts you with negotiation information, simply text them back, “I will await a response from the Seller / Buyer in writing.”

Closings in Georgia MUST Occur Through an Attorney:  To close on a property in Georgia, the closing must be done by an attorney.  This does NOT mean that you can simply send the documents to a Georgia Attorney to notarize.   Beware of transactions with an out of town investor or anyone from out of town who wants to have their out of state Title company hold the funds, search the title & then just send the documents to an attorney to notarize.  Thank you to Amee Davis of Davis & Associates for this information.  What “Closing with an Attorney” DOES mean is that the attorney must

  • Intake the funds
  • Disburse the funds
  • Oversee all title issues / searches
  • Underwrite the Title Insurance policy
  • Title Insurance Company must be approved through Georgia

Repeat – Verbiage for Buyer Rebate of Selling Broker Commission:Must be included as a  special stipulation in the Buyer Brokerage Agreement OR use Amendment to Brokerage Engagement:

“At closing, Selling Broker to rebate _x_% of Selling commission to Buyer as a Buyer Credit on the Closing Disclosure only if this is acceptable to the Buyer’s lender.”

THEN, on the Commission Instructions, on the 2nd page, you ‘ll see a place to fill in the dollar amount coming FROM Selling Broker going to Buyer.  Make sure you point this out to the Closing Attorney.

ALSO, make SURE this is acceptable to the Lender & they know about it now so you don’t hold up closing.  If it is not acceptable to the lender, you may not rebate your commission.

Repeat – New Wire Fraud Scam:  Thank you to closing attorney Andy Hartman of Hartman Law for this information.  Wire fraud cyber criminals will actually email a phone number to your buyer (via a fake ghosted email) and say “call me for revised wire instructions” or they’ll even **send a text to them** (remember by this point they have hacked into someone’s email in the transaction and have all the contact and identifying info for all parties involved – probably hacked into whomever is using a gmail or other free email account).   So now they are willing to put a *live person* on the phone – because they’ve learned that this is one of the basic countermeasures to email fraud.

“Live person + knowledge of key transaction details = trust.”  They got you.  Because we are educating people and getting smarter, the criminals are adapting.  Please, please stay vigilant. I am going to say this one more time. Not for the last time.

  • NO CLOSING FIRM EVER CHANGES THEIR WIRE INSTRUCTIONS IN THE MIDDLE OF A TRANSACTION. EVER. TELL YOUR CLIENTS.
  • ANY CHANGE IN WIRING INSTRUCTIONS IS AN ATTEMPTED THEFT. IF SUCCESSFUL, MONEY GONE.

Repeat – Maximum One does NOT allow Property Management Services for the Public:  Managing Property for the public must be done through a licensed real estate agent under a licensed Brokerage (licensed with GREC that is) with a Qualifying Broker. If you have a Broker’s License then you may open up your own firm with GREC and we will amend your Independent Contractor Agreement to allow you to practice only Property Management for the public under that firm and all other transactions under Maximum One. If you do not have a Broker’s license then the Landlord must contact a Property Management firm – you may of course send a referral to that Broker & receive a Referral fee for this referral.

It is illegal to manage property for others simply as an LLC – any firm that practices Property management MUST be licensed & approved through GREC with a Qualifying Broker, Trust Account, etc.

At Maximum One we do allow agents to manage properties that they own, we just do not allow them to hold any Security Deposits. So if there are properties that you own & wish to manage – you may do so as long as MX1 holds the Security Deposit along with a copy of the Lease & Move-in inspection Then when tenant vacates, we need copy of fully executed Move-Out inspection to release the Security deposit as the Landlord & Tenant have agreed in writing.

Max Cares:  Prayers to Lisa Paulauskis whose mother is recovering from a heart attack.

**********************

9/17/17

Maximum One does NOT allow Property Management Services for the Public:  Managing Property for the public must be done through a licensed real estate agent under a licensed Brokerage (licensed with GREC that is) with a Qualifying Broker. If you have a Broker’s License then you may open up your own firm with GREC and we will amend your Independent Contractor Agreement to allow you to practice only Property Management for the public under that firm and all other transactions under Maximum One. If you do not have a Broker’s license then the Landlord must contact a Property Management firm – you may of course send a referral to that Broker & receive a Referral fee for this referral.

It is illegal to manage property for others simply as an LLC – any firm that practices Property management MUST be licensed & approved through GREC with a Qualifying Broker, Trust Account, etc.

At Maximum One we do allow agents to manage properties that they own, we just do not allow them to hold any Security Deposits. So if there are properties that you own & wish to manage – you may do so as long as MX1 holds the Security Deposit along with a copy of the Lease & Move-in inspection Then when tenant vacates, we need copy of fully executed Move-Out inspection to release the Security deposit as the Landlord & Tenant have agreed in writing.

100% Financing Movement Mortgage MAP Program: This is a down payment grant for 1st time HomeBuyers – no repayment – of 3% of Sale Price.  This is a conventional loan and allows 4% Seller concessions.  It also has 6 months of job loss insurance.  Minimum Credit 640 & for low-to-moderate Buyers depending on county they purchase in.  All counties included.  Contact John Bohannon of Movement Mortgage for more information.  Click here for MAP Program Flyer.

Great Program to Increase Your Business – NARRPR:  This is a fabulous CMA program that seems to be fairly accurate.  Easy to use, great statistics, great information, great neighborhood information, check it out!   Compare this to Cloud CMA!  You must be a Realtor.  Thank you to Eric Pipkorn for explaining this program to us fully in the Galleria Sales Meeting this week!

How to Handle Seller Compensation in Lieu of Repairs:  There are a couple of ways to handle a monetary compensation for repairs.

  • Take that dollar amount and add it to the Seller’s contribution to the Buyer’s closing costs
  • Take that amount & reduce the Sales Price
  • Have the Buyer find a vendor or vendors to handle the specific issues & how much each will charge – then write up an Amendment:
    • “At closing, Seller to pay the following vendors:  ABC Vendor $______   XYV Vendor $_______”

You MUST run this by the lender – this is only doable IF the lender will allow it & not all lenders will allow.  Consider in any amendment you do not say anything about money “in lieu of repairs” because that throws up a red flag to the Underwriter.

New Wire Fraud Scam:  Thank you to closing attorney Andy Hartman of Hartman Law for this information.  New concerns tonight. Andy is hearing now that the wire fraud cyber criminals will actually email a phone number to your buyer (via a fake ghosted email) and say “call me for revised wire instructions” or they’ll even **send a text to them** (remember by this point they have hacked into someone’s email in the transaction and have all the contact and identifying info for all parties involved – probably hacked into whomever is using a gmail or other free email account).

So now they are willing to put a *live person* on the phone – because they’ve learned that this is one of the basic countermeasures to email fraud.

“Live person + knowledge of key transaction details = trust.”

They got you.

Because we are educating people and getting smarter, the criminals are adapting.

Please, please stay vigilant. I am going to say this one more time. Not for the last time.

NO CLOSING FIRM EVER CHANGES THEIR WIRE INSTRUCTIONS IN THE MIDDLE OF A TRANSACTION. EVER. TELL YOUR CLIENTS.

ANY CHANGE IN WIRING INSTRUCTIONS IS AN ATTEMPTED THEFT. IF SUCCESSFUL, MONEY GONE.

2 New MX1 Partners Locations:  Congratulations to Ming & Alan Richardson – Managing Partners of Maximum One Partners – for opening up TWO new additional locations – Conyers & Airport South!

  • Conyers: – Open Now!
  • 1501 Klondike Rd SW
    Suite #101
    Conyers, GA 30094
  • Airport South:  – Opening Mid-November
  • 1580 Phoenix Boulevard
  • Atlanta, GA 30349

Repair Issues in a Contract:  When you are representing a Buyer in a contract & the Buyer & Seller negotiate for repairs, PLEASE use one of the following additional Special Stipulations to address Buyer options should the Seller not complete the repairs.  Add  this verbiage NOW rather than trying to deal with the issue the day of closing when the parties may not agree to these options.

  • All parties agree that the repair work contemplated and agreed upon herein shall be completed not less than five business  days prior to the closing dated of _________.  All work shall be completed by vendors Licensed, in the State of Georgia, through the proper state licensing board, to complete the work required herein.  Seller shall provide to buyer at least five days prior to closing, evidence of vendors license to do repair work, invoices and paid receipts for all work completed. Should seller not complete the work required herein at least five days in advance of closing, buyer shall have the right to either (1) immediately hire vendors of buyer’s choice and have work completed at seller’s expense to be paid at time of closing from seller’s proceeds or (2) terminate the contract agreement with full refund of all earnest money deposits.
  • The parties agree that the repairs Seller has agreed to complete under the Contract may not be complete as of the date of Closing.  In that event, no later than _____ days after Closing (the “Repair Completion Date”) Seller shall complete all repairs to the property herein.  It is understood and agreed that Seller, in showing of good faith, shall deposit at Closing $_______ (the “Repair Funds”) with ________________ (the “Security Holder”) as security for completion of said repairs.  As long as Seller completes or causes to complete all repairs no later than midnight of the Repair Completion Date, the Repair Funds shall be returned to Seller within ____ days of the Repair Completion Date or submission of proof of the repairs to Buyer, whichever comes first.  Should Seller fail to timely complete said repairs, Buyer shall be entitled to Repair Funds as liquidated damages.  Should a dispute arise as to the disbursement of the Repair Funds, the Security Holder shall be entitled to the same rights, remedies, indemnities, etc. As any escrow agent or holder of Earnest Money described in the Contract.

Reference Section in Paperless Pipeline:  Explore the Reference tab in Paperless Pipeline for a myriad of documents & training materials you will find useful!

Max Cares:  Condolences to Dawn Southern whose father, Richard Moore, passed away on Tuesday,September 12th.

Max Cares: Condolences to Tanya Kennedy whose mother, Sammie Brown, passed away  Sunday September 10th

Max Cares: Prayers for Heidi Kelly whose daughter is losing peripheral vision for an unknown reason & is being tested for MS.

******************

9/10/17

Hurricane Irma: Maximum One Offices may be closing early Monday and close on Tuesday due to the weather.  Check the MX1 Calendar – www.eAGENTweb.com  – click “Calendar” – Everyone Be SAFE!!!
Welcome Agents New to MX1 in August: Please welcome the following agents new to Maximum One!
  • Ashlon Reeder – Alpharetta
  • Judy Borkowsky – Emerson
  • Austin James – West Cobb – Welcome BACK!
  • Tiffany Spires – Emerson
  • Liz Campbell – Emerson
  • Stephanie Tan – Alpharetta
  • Tyrome Sharp – Alpharetta
  • Natalia Lanigan – Emerson
  • Ron Ramos – Woodstock
  • Kelly Moody – Galleria
  • Lisa Foster – McDonough
  • Cassandra Carlisle – McDonough
  • Christeria Hilton – McDonough
  • Maggie Steck – Powers Ferry
  • Elizabeth Campbell – Emerson
  • Jami Gilham – Douglasville
  • Kelly Goins – Galleria – Welcome BACK!
  • Richard Zarnik – West Cobb
  • Sheheedah Hill – Douglasville
  • Ginger Rhea – Paulding
  • Lovette Johnson – Galleria – Welcome BACK!
  • Sampson Isibor – Alpharetta
  • Brian Wong – Alpharetta
  • Kris Lambert – Emerson
  • Dan McCloskey – Galleria – Welcome BACK!
  • Keith Berry – West Cobb
  • Jordan Williams – McDonough
  • Celia Jones – McDonough
  • Sheila Terrell-James – McDonough
Fake Docusign Emails: There are some “hacked” emails circulating that appear to be from Docusign. The “bad guys” are targeting real estate agents. If you receive an email to e-sign & it is supposed to be from DOCUSIGN, TRIPLE check!!! 
  • Check the Grammar of the Subject Line Check the Spelling of the Subject Line 
  • Check the “From” email address – is it someone you know? 
  • Docusign’s emails typically come from a person 
  • If you get an email that is supposed to be from docusign, it SHOULD in “dse” 
 
Do NOT open if you get something from “DocuSign via DocuSign” <r.o.stumpf@t-online.de> – That is NOT from Docusign!If you are sending or expecting a docusign, please verify before opening the email. If you get a fraudulent Docusign, please contact Docusign – 1-866-270-5923  Please share this information with your Clients & Co-Op Agents.
 

MX1 Powers Ferry Update:  Although we still do not have a permit for the lower level to be built, we are all set up on the second floor and we are now a full service office again (minus training classes). You can do anything at Powers Ferry that you can anywhere else EXCEPT we will not have CE classes there for a couple more months at least.

Some of the exciting parts of this venture to share:

  • 11,000 square feet! 4 times the size of Galleria and Woodstock, 5 times the size or old East Cobb and Paulding offices and 2.5 times the size of West Cobb.
  • Will have TWO training rooms that can also connect to make a Ginormous Training Room. It is going to be like a small Conference Center.
  • Modern furnishings and appointments. Glitzy, glammy boushy. Will be a little like Douglasville renovation and larger.
  • Several meeting spots and collaboration centers to meet clients or other agents
  • Please stop by sometime soon and meet Bryan Jackson – the Powers Ferry Branch CEO Advisor – and check it out. PowersFerry@eAGENTweb.com  770-919-8825 x 310
Hurricane Harvey Relief:  If you are interested in helping out our colleagues in Houston, please contact Karen Moonshower or Keely George who are heading up the assistance effort.  For anyone interested in helping TEXAS FLOOD VICTIMS – Karen Moonshower sent out a message through WolfConnect on Wednesday that she left Thursday to help in Houston with flood disaster relief. Karen has friends and family in Houston and have been told that the needs will be changing daily, so at the moment I do not know exactly what I will be doing other than starting out volunteering at a shelter. I am not yet connected to an organization, but will likely work thru either Sameritans Purse or a local church in Pearland, TX called Cross Point. I have limited space in my SUV, but the items I’m collecting are: air mattresses, toiletries, box fans, brooms, contractor bags, gloves, masks, and fast food gift cards (some will be without kitchens for months). Keely George is the West Cobb contact so you can contact her at 678-361-4724 or Karen Moonshower at 678-982-4391. I will probably be making a second trip in October and hope at that time to have connected with a brokerage there to focus on helping.  
2 New MX1 Partners Locations:  Congratulations to Ming & Alan Richardson – Managing Partners of Maximum One Partners – for opening up TWO new additional locations – Conyers & Airport South!
  • Conyers: – Open Now!
  • 1501 Klondike Rd SW
    Suite #101
    Conyers, GA 30094
  • Airport South:  – Opening Mid-November
  • 1580 Phoenix Boulevard 
  • Atlanta, GA 30349 

Supra Active KeyThe ActiveKey from Supra will be retiring soon.   The old hardware that runs the key is sun setting. In the near future, your ActiveKEY will no longer work.

What are my options?
  1. Use your smartphone as your key. Download the Supra eKEY app onto your phone from Apple’s “App Store” or Google’s “Google Play.” Once downloaded, try the eKEY in demo mode.
  2. Alternate Key, XpressKEY (replacement for ActiveKEY)
eKEY allows you to:
  • Customize iBox BT LE access hours and listing-specific information
  • Track iBox BT LE inventory and view iBox settings
  • Send showing feedback to listing agents from within the eKEY app
Your eKEY will also automatically update using your phone’s cellular service so you are ready to show listings at a moment’s notice. Once updated for the day, there is no need to be in cellular coverage when showing a listing. With an authorization code, you can easily switch between phone or tablet, and eKEY is less expensive than alternate key methods.
 
How do I prepare?
  • Login to SupraWEB to ensure you have your credit card registered
  • More information is available on the Supra website at Get-the-App or www.supraekey.com 
Repair Issues in a Contract:  When you are representing a Buyer in a contract & the Buyer & Seller negotiate for repairs, PLEASE use one of the following additional Special Stipulations to address Buyer options should the Seller not complete the repairs.  Add  this verbiage NOW rather than trying to deal with the issue the day of closing when the parties may not agree to these options.
  • All parties agree that the repair work contemplated and agreed upon herein shall be completed not less than five business  days prior to the closing dated of _________.  All work shall be completed by vendors Licensed, in the State of Georgia, through the proper state licensing board, to complete the work required herein.  Seller shall provide to buyer at least five days prior to closing, evidence of vendors license to do repair work, invoices and paid receipts for all work completed. Should seller not complete the work required herein at least five days in advance of closing, buyer shall have the right to either (1) immediately hire vendors of buyer’s choice and have work completed at seller’s expense to be paid at time of closing from seller’s proceeds or (2) terminate the contract agreement with full refund of all earnest money deposits.
  • The parties agree that the repairs Seller has agreed to complete under the Contract may not be complete as of the date of Closing.  In that event, no later than _____ days after Closing (the “Repair Completion Date”) Seller shall complete all repairs to the property herein.  It is understood and agreed that Seller, in showing of good faith, shall deposit at Closing $_______ (the “Repair Funds”) with ________________ (the “Security Holder”) as security for completion of said repairs.  As long as Seller completes or causes to complete all repairs no later than midnight of the Repair Completion Date, the Repair Funds shall be returned to Seller within ____ days of the Repair Completion Date or submission of proof of the repairs to Buyer, whichever comes first.  Should Seller fail to timely complete said repairs, Buyer shall be entitled to Repair Funds as liquidated damages.  Should a dispute arise as to the disbursement of the Repair Funds, the Security Holder shall be entitled to the same rights, remedies, indemnities, etc. As any escrow agent or holder of Earnest Money described in the Contract.
Reference Section in Paperless Pipeline:  Explore the Reference tab in Paperless Pipeline for a myriad of documents & training materials you will find useful!
 
Max Cares:  Prayers to Austin James who went to the hospital with possible appendicitis.

********

9/3/17

Happy Labor Day Weekend – Maximum One Offices are Closed Monday 9/4/17

Hurricane Harvey Relief:  If you are interested in helping out our colleagues in Houston, please contact Karen Moonshower or Keely George who are heading up the assistance effort.  For anyone interested in helping TEXAS FLOOD VICTIMS – Karen Moonshower sent out a message through WolfConnect on Wednesday that she left Thursday to help in Houston with flood disaster relief. Karen has friends and family in Houston and have been told that the needs will be changing daily, so at the moment I do not know exactly what I will be doing other than starting out volunteering at a shelter. I am not yet connected to an organization, but will likely work thru either Sameritans Purse or a local church in Pearland, TX called Cross Point. I have limited space in my SUV, but the items I’m collecting are: air mattresses, toiletries, box fans, brooms, contractor bags, gloves, masks, and fast food gift cards (some will be without kitchens for months). Keely George is the West Cobb contact so you can contact her at 678-361-4724 or Karen Moonshower at 678-982-4391. I will probably be making a second trip in October and hope at that time to have connected with a brokerage there to focus on helping.

2 New MX1 Partners Locations:  Congratulations to Ming & Alan Richardson – Managing Partners of Maximum One Partners – for opening up TWO new additional locations – Conyers & Airport South!

  • Conyers: – Open Now!
  • 1501 Klondike Rd SW
    Suite #101
    Conyers, GA 30094
  • Airport South:  – Opening Mid-November
  • 1580 Phoenix Boulevard
  • Atlanta, GA 30349

Welcome MX1 Executives Office Manager: Please welcome Jackie Veneble as the new Office Manager of Maximum One Executives!  Office@MaxOneExecutives.com

Hartman Law: Congratulations to Andy Hartman on the opening of his new firm – Hartman Law.  His long time friend & business partner, Jim Imbriale has opened Imbriale Injury Law. Hartman Law has a new number & email: 770-284-1111 Andy@hartmanlawfirm.com
Cohen Law Office:  Congratulations to Holly McMurray Cohen on the opening of her new firm – Cohen Law Office.  Her long-time law partner, Bond Almand has moved to south Georgia.  Holly may be reached at 678-384-1113  Holly@aclawonline.com

 

Repair Issues in a Contract:  When you are representing a Buyer in a contract & the Buyer & Seller negotiate for repairs, PLEASE use one of the following additional Special Stipulations to address Buyer options should the Seller not complete the repairs.  Add  this verbiage NOW rather than trying to deal with the issue the day of closing when the parties may not agree to these options.

  • All parties agree that the repair work contemplated and agreed upon herein shall be completed not less than five business  days prior to the closing dated of _________.  All work shall be completed by vendors Licensed, in the State of Georgia, through the proper state licensing board, to complete the work required herein.  Seller shall provide to buyer at least five days prior to closing, evidence of vendors license to do repair work, invoices and paid receipts for all work completed. Should seller not complete the work required herein at least five days in advance of closing, buyer shall have the right to either (1) immediately hire vendors of buyer’s choice and have work completed at seller’s expense to be paid at time of closing from seller’s proceeds or (2) terminate the contract agreement with full refund of all earnest money deposits.
  • The parties agree that the repairs Seller has agreed to complete under the Contract may not be complete as of the date of Closing.  In that event, no later than _____ days after Closing (the “Repair Completion Date”) Seller shall complete all repairs to the property herein.  It is understood and agreed that Seller, in showing of good faith, shall deposit at Closing $_______ (the “Repair Funds”) with ________________ (the “Security Holder”) as security for completion of said repairs.  As long as Seller completes or causes to complete all repairs no later than midnight of the Repair Completion Date, the Repair Funds shall be returned to Seller within ____ days of the Repair Completion Date or submission of proof of the repairs to Buyer, whichever comes first.  Should Seller fail to timely complete said repairs, Buyer shall be entitled to Repair Funds as liquidated damages.  Should a dispute arise as to the disbursement of the Repair Funds, the Security Holder shall be entitled to the same rights, remedies, indemnities, etc. As any escrow agent or holder of Earnest Money described in the Contract.

Reference Section in Paperless Pipeline:  Explore the Reference tab in Paperless Pipeline for a myriad of documents & training materials you will find useful!

 

Max Cares:  Prayers to Monica Thomas whose Mom has been in the hospital with kidney issues.

Max Cares: Prayers to Robin Wilhite whose new son-in law, Djuan, lost his father Thursday night to cancer 2 hours after their wedding.

 

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8/27/17

Addressing Repairs in a Contract or Amendment:  When a Buyer & Seller negotiate for the Seller to complete repairs prior to closing, it is not an issue unless the Seller fails to complete them…. then what do you do???  When you address these repairs that the parties agree to, make sure to address the Buyer’s contractual options if the Seller fails to complete those repairs.  Trying to deal with this issue the day of closing of a couple days before is NOT the time.  At Maximum One, in our Contract CE classes, we have provided you with several attorney-written special stipulations to address Buyer’s recourse if Seller does not complete them but if you don’t include these options at the time the parties negotiate for these repairs, the Seller may not agree to them at a later date.  Re-negotiating repairs with a Seller may be tricky especially if other issues have been amended following the repair issues (i.e. a low appraisal.)  Click here for Special Stipulations for CE Contracts Classes – these are also available in the Reference Section of Paperless Pipeline.  Also watch this Video on this issue: Repairs: How to Prevent Them from Killing Your Deal

Property Tax Bills:  The Property Tax bills for most counties have already been sent out to the current property owners.  The taxes are not yet due but since the bills are out, at closing, the Closing Attorney MUST collect the full amount from the Seller & then the Buyer’s portion will be given as a Seller credit.  This is true even if the Seller’s current mortgage company has already collected & paid the bill on the Own’er behalf.  The county will eventually reimburse the owner for the overage.

HOA vs. POA: The Georgia Property Owners’ Association Act (“POA”) was adopted in 1994 to expand the powers of homeowners associations. The POA does not, however, apply automatically. Instead, the developer of a community or the members of a community’s homeowners association must “opt-in” to be governed by the POA.

          POAs Are More About the Property –To start an HOA within a neighborhood, you need to actually have homes or condos (or other dwelling units). The homeowners become members of the association and work together to make the neighborhood better. On the other hand, POAs are more about the property. You can have a POA that is nothing but empty lots. In this instance, it’s the property owners who become members of the association. HOAs can be found in just about any neighborhood from urban to suburban, but POAs are often started around a landmark, such as a lake or golf course, in hopes that people will buy the land for its location.

          HOAs and POAs Can Be Very Similar – HOAs always rely on a board, and a list of rules and regulations that specify how the neighborhood is run, and homeowners must follow the guidelines. They usually have to pay monthly fees and get approval for many decisions, such as exterior paint color. Not all POAs have rules and regulations the way HOAs do, but in other cases, a POA may be run almost exactly like an HOA with rules and fees. It varies from POA to POA.

Issues with Fees Owed to a POA vs. HOA:  Thank you to Closing Attorney, Amee Davis of Davis & Associates for informing us that a POA can legally pursue the individual for fees owed & an HOA can only pursue “the property” – i.e. put a lien on the property itself to recover fees owed by the Owner.

100% Financing for Conventional Borrowers:  Movement Mortgage has an Exclusive Mortgage Assistance Program – 100% financing for conventional borrowers – 1st time Homebuyers.  3% Forgivable Grant from Movement combined with 97% Fannie Mae Ready Mortgage. 640 FICO. Free 24 month Job Loss Insurance.  All property types.  Program is for low to moderate income & savings account borrowers.  Contact John Bohannon of Movement Mortgage for more information.

MX1 Powers Ferry Office:If you will be making the Powers Ferry office your “home” office, please let us know so that we may make the appropriate change in the Roster, Paperless Pipeline & our other Systems.  Please email us: Compliance@eAGENTweb.com & WestCobb@eAGENTweb.com

Maximum One Agents Who Speak Foreign Languages: We are also adding  a tab to the Roster to list MX1 agents who speak foreign languages.  If you are fluent in another language, please contact Heidi Kelly – WestCobb@eAGENTweb.com  770-919-8825 x 318.

 

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8/20/17

Counting Days in a Contract:  The day the contract goes Binding does NOT count for the timing of all other contractual time frames.  The verbiage in the contract is that party has ___ days “FROM” Binding Agreement Date…  So Binding Agreement Date (defined as when the party making the last offer has Notice of acceptance) is the “starting off point” or Day “0.”  Then all the other dates are “FROM” the starting place.  In the RE Forms Contract package, this is spelled out very clearly.  The contingencies specifically state “… contingency shall expire at 11:59pm on the day that is ___ days AFTER the Acceptance Date” (which is their term for Binding Agreement Date.)

As an Example:  Binding Agreement Date 8/16/17 with 10 days Due Diligence (and a “day” is a full day)

  • 8/16/17 – Day 0 – the date FROM which the counting begins
  • 12midnight through 11:59pm on 8/17 = Day 1
  • 12midnight through 11:59pm on 8/18 = Day 2
  • 12midnight through 11:59pm on 8/26 = Day 10

 

Note that in May 2017, GAR revised the Amendment to the Due Diligence Period (F109) and on that Amendment there is a place for the parties to negotiate an extension of the Due Diligence Contingency and there is a place for the parties to negotiate a specific time on the new date rather than going through 11:59pm.

FMLS: Cloud Attract:  If you want to know about Cloud Attract like “What does it do?” and “How does it work?” FMLS says that rather than just tell you it’s the new and best way to generate your own buyer and seller leads – they want to show you!  Join FMLS on Tuesday, August 22nd at 12noon  for a free, live webinar where you’ll get an inside look at Cloud Attract. I’ll also share proven marketing strategies to generate traffic, attract sellers and buyers, and convert more leads into customers.  Click Here to Register

FMLS Showcase – August 24th: The 17th year of Showcase, the Southeast’s premier residential Real Estate Trade Show, is scheduled to be held at the Cobb Galleria Centre, on August 24, 2017. The Trade Show will bring together REALTORS®, real estate professionals and affiliated industries on a single day. The one day show will feature a broad selection of essential industry seminars from national and regional speakers, industry items, services, and business tools.  Technology is increasingly at the forefront of our daily business and lives. This year’s Trade Show will highlight all areas of our industry, from prospecting and market data to creative business strategies and using technology on the fly.  Get ready to be a part of what many past exhibitors call, Hands down, the best trade show value in the real estate market – anywhere! One of the Galleria’s largest trade shows, Showcase is again expecting over 3,000 trade professionals to attend this year’s event.
Read More Here

MX1 Agent Hot Spot Office in Villa Rica:  Congratulations to Donna Agan-Williams and others on opening their Agent Hot Spot in Villa Rica!  Please join them for their Grand Opening on Tuesday, August 22 from 11am – 1pm.  For question, contact Donna – daganwilliams@gmail.com

MX1 Powers Ferry Office:If you will be making the Powers Ferry office your “home” office, please let us know so that we may make the appropriate change in the Roster, Paperless Pipeline & our other Systems.  Please email us: Compliance@eAGENTweb.com & WestCobb@eAGENTweb.com

MXGA Compliance:  If you are trying to reach, Kim Murray for anything related to compliance and you are an agent with MX1 Realty Greater Atlanta (MXGA) then please use her new email address:  MXGAcompliance@eAGENTweb.com . Kim’s phone number remains 770-919-8825 x 303.

Maximum One Agents Who Speak Foreign Languages: We are also adding  a tab to the Roster to list MX1 agents who speak foreign languages.  If you are fluent in another language, please contact Heidi Kelly – WestCobb@eAGENTweb.com  770-919-8825 x 318.

Max Cares: Congratulations to Martha Edwards on the birth of her Grandson on Monday 8/14/17!

Max Cares: Congratulations to Howard Brummel on his 16th Grandchild who was adopted last week!

Max Cares: Congratulations to Mandy Seay on the birth of her first Granddaughter!

Max Cares: Prayers for healing to Adana Nwaneri who was just released from the hospital after a car crash where she had to be pulled from the car.

Max Cares: Prayers for Karen Moline Cross who has to have back surgery to alleviate vertebrae pressing on spinal cord.

Max Cares: Prayers to Ronda Bruckno who is had heart surgery on 8/17/17.

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8/13/17

Please Welcome These Agents Who Joined Maximum One in July:
  • Janelle Childree – Emerson
  • Tara Stanley – Paulding
  • Lynne Askew – McDonough
  • Nancy Murray – West Cobb
  • Cory Strickland – West Cobb
  • Ernestina Green – West Cobb
  • Cheryl Gibson – Paulding
  • Alex Slappey – Powers Ferry
  • Joseph Herget Morrow – Galleria
  • John Adams – Woodostock
  • Natalie de la Mothe – Galleria
  • Brigitte Jonassaint – Douglasville
  • Donya Simoneau – Woodstock – Welcome BACK
  • Corey Williams – Galleria
  • Stephanie Wiegand – Powers Ferry
Master Referral Agreements:  Agents, if you have a “Master” referral agreement with a company (eg. Redfin) remember that you need to upload a copy of that agreement into each transaction where that company is getting a referral fee.  We pay out transactions per the individual transaction & do not look back at any master documents.  Thank you!
 
Replay of Tom Ferry Summit – No CE Credit: We will have the REPLAY of the Tom Ferry Success Summit August 14, 16 & 18 at Woodstock, Douglasville & Paulding.  The replays are from 9:30am – 4:30pm on those days. Please register so we may have a workbook for you.  You will not receive CE credit for attending the re-plays but the information is fantastic & will boost your business!
MX1 Powers Ferry Office:If you will be making the Powers Ferry office your “home” office, please let us know so that we may make the appropriate change in the Roster, Paperless Pipeline & our other Systems.  Please email us: Compliance@eAGENTweb.com & WestCobb@eAGENTweb.com
MXGA Compliance:  If you are trying to reach, Kim Murray for anything related to compliance and you are an agent with MX1 Realty Greater Atlanta (MXGA) then please use her new email address:  MXGAcompliance@eAGENTweb.com . Kim’s phone number remains 770-919-8825 x 303.
Maximum One Agents Who Speak Foreign Languages: We are also adding  a tab to the Roster to list MX1 agents who speak foreign languages.  If you are fluent in another language, please contact Heidi Kelly – WestCobb@eAGENTweb.com  770-919-8825 x 318.
Max Cares: Prayers for Dawn Southern whose StepFather just had a pacemaker.

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8/6/17

Maximum One is Hosting Tom Ferry’s Success Summit – LIVE from Las Vegas – up to 18 Hrs CE Credit:  August 9 – 11:

 

Maximum One is Hosting this event LIVE!  We are LIVECasting this event from Las Vegas in several offices!  You MUST register to save your seat!  Attend this Event without having to fly to Vegas, pay for a hotel & pay for event – UNBELIEVABLE OPPORTUNITY!!!

For FREE, you will receive:

  • The Entire Workbook
  • Dinner
  • 18 hours CE Credit!

You MUST register to reserve your space!  You MUST take advantage of this AMAZING opportunity to boost your career by participating in a Tom Ferry Event for FREE!!!! Registration links also on the Online Training Calendar (www.eAGENTweb.com Click “Calendar”)  Below are registration links for Day 1.

 

Replay of Tom Ferry Summit – No CE Credit: We will have the REPLAY of the Tom Ferry Success Summit August 14, 16 & 18 at Woodstock, Douglasville & Paulding.  The replays are from 9:30am – 4:30pm on those days. Please register so we may have a workbook for you.  You will not receive CE credit for attending the re-plays but the information is fantastic & will boost your business!

Affiliated Business Disclosure & Wire Fraud Waiver: Maximum One only requires that Maximum One clients & Customers sign the Maximum One Affiliated Business Disclosure Form & Wire Fraud Waiver.  Those forms do not need to be a part of the contract.  Other firms have their own Affiliated Business relationships with different vendors & need to have a waiver holding their firm & agents harmless.  The verbiage in these forms is specific to Maximum One!  On that same note, your clients do not need to sign other firms’ Affiliated Business Disclosures or Wire Fraud waiver forms as those are specific to those firms!

 

Listing You Can’t Sell or Need Work:  Maximum One has several agents who are investors or who work for investors.  These folks have cash they need to spend by the end of the calendar year.  If you are in this situation contact Dana@MaximumOneRealty.com & they will soon be added to the MX1 Roster under the “Other Specialties” tab.

 

Maximum One Agents Who Speak Foreign Languages: We are also adding  a tab to the Roster to list MX1 agents who speak foreign languages.  If you are fluent in another language, please contact Heidi Kelly – WestCobb@eAGENTweb.com  770-919-8825 x 318.

 

 

Max Cares: Prayers for Karen Cross Moline who has a fractured neck..

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7/30/17

Maximum One is Hosting Tom Ferry’s Success Summit – LIVE from Las Vegas – Up to 18 Hrs CE Credit:  August 9 – 11:
 
Maximum One is Hosting this event LIVE!  We are LIVECasting this event from Las Vegas in several offices!  You MUST register to save your seat!  Attend this Event without having to fly to Vegas, pay for a hotel & pay for event – UNBELIEVABLE OPPORTUNITY!!!
 
For FREE, you will receive:
  • The Entire Workbook
  • Dinner 
  • 18 hours CE Credit!  
You MUST register to reserve your space!  You MUST take advantage of this AMAZING opportunity to boost your career by participating in a Tom Ferry Event for FREE!!!! Registration links also on the Online Training Calendar (www.eAGENTweb.com Click “Calendar”)  Below are registration links for Day 1.  
 
Replay of Tom Ferry Summit – No CE Credit: We will have the REPLAY of the Tom Ferry Success Summit August 14, 16 & 18 at Woodstock, Douglasville & Paulding.  The replays are from 9:30am – 4:30pm on those days. Please register so we may have a workbook for you.  You will not receive CE credit for attending the re-plays but the information is fantastic & will boost your business!
 
 
Brokerage Engagements: If your Brokerage Engagement or Contract that goes into next year, make sure to change the year to 2018.
 
Listing the Designated Agent on the Contract:  Designated Agency is when there is a transaction involving ONE Broker & TWO Agents each of  whom have a Client relationship with the Buyer & Seller.  That is the only situation where you need to specify which agent is working with which client.  Think of it as the Broker “designating” which agent is to work with Buyer client & which agent is to work with Seller client.  If you are co-oping with an agent from another Brokerage, then you don’t need to specify the agent names in the “designated agency” portion of the contract – this is not a designated agency situation & each agent is specified on the signature page.
  • One agent from Maximum One & Other Agent from a different Brokerage – NO designated Agency
  • One agent from Maximum One Realty (MXGA) & Other agent from Maximum One Realtors (MXGR) – NO designated Agency – these are two separate firms with separate Brokers
  • Both agents from MXGA – YES designated Agency
  • Both agents from MXGR – YES designated Agency
 
Maximum One Greater Atlanta Brokers: Maximum One Realty Greater Atlanta is a separate firm from Maximum One Greater Atlanta Realtors.  They are separate firms with GREC & separate firms in FMLS & GAMLS with different Broker Codes.  
  • Maximum One Realty Greater Atlanta (MXGA)
    • Qualifying Broker – Kim Murray
    • Managing Broker – Dana Sparks
    • Compliance Broker – Kim Murray
  • Maximum One Greater Atlanta Realtors (MXGR)
    • Qualifying Broker – Dana Sparks
    • Managing Broker – Dana Sparks
    • Compliance Broker – Dawn Southern
MX1 New Website Update: The company that Dave had been working with for the new MX1 Corporate website was sold to another company.  We are in the process of negotiating with another company to provide a Corporate website with a strong agent “back-end.”  We’ll keep you updated regarding the progress.
MX1 New Power’s Ferry Office Update: We are working with the Cobb county Fire Marshall to make sure that the building passes all the current codes. As you know with renovation projects, this process is taking way longer than anticipated – currently in discussions over Sprinkler Systems.  We’ll keep you updated regarding the progress.   We are hoping to at least have a usable space by early next week.  The Key Fob system is up & running so we now will just deliver and set up new computers, etc.  Thank you for your patience; it is going to ROCK!!  By the way, we are looking for a New Branch Manager for the Powers Ferry location as Kim will be taking over managing the Woodstock Office.

MX1 Premier in Dawsonville: Please welcome our newest franchise to the Training Calendar.  You may now take CE classes in Dawsonville!  Check out their calendar: www.MX1PremierTraining.com .  If you have any questions, contact Operating Partner, Neal Matheson – Neal@MaxOnePremier.com

 
 
Max Cares: Prayers for healing to Tommy Southern who pinched a nerve in his back.
Max Cares: Prayers for Bion Grady who is experiencing kidney failure.

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7/23/17

Maximum One is Hosting Tom Ferry’s Success Summit – LIVE from Las Vegas:  August 9 – 11:
 
Maximum One is Hosting this event LIVE!  We are LIVECasting this event from Las Vegas in several offices!  You MUST register to save your seat!  You will receive:
  • The Entire Workbook
  • Dinner 
  • 18 hours CE Credit!  
You MUST register to reserve your space!  You MUST take advantage of this AMAZING opportunity to boost your career by participating in a Tom Ferry Event for FREE!!!! Registration links also on the Online Training Calendar (www.eAGENTweb.com Click “Calendar”)  Below are registration links for Day 1.  
Georgia Market Report for 1st Half of 2017: Georgia housing indicators for June are in, which give us a picture of how the housing market has performed in the first half of 2017*:  *Please note that these figures are year-to-date for Jan-June 2016 vs. Jan-June 2017.    
  •  New Listings increased 1 percent to 92,661.  
  •  Pending Sales increased 6 percent to 68,206. 
  •  Closed Sales increased 7 percent to 61,068.  
  •  Days on Market decreased 13 percent to 60 days.
  •  Median Sales Price increased 7.5 percent to $198,900. 
  •  Average Sales Price increased 6 percent to $243,191. 

    In regards to inventory, indicators are year over year for June only: 
    Click here for full GAR report for June
  •  Inventory levels decreased 13 percent to 38,266 units. 
  •  Months Supply of Inventory was down 17 percent to 3.8 months.
 
Maximum One Listing Policy Regarding MLS Services: If a property is in a Compulsory Area of FMLS & there is a Listing Agreement signed, then it MUST be listed in FMLS.  If a property is listed in FMLS then it must be listed in GAMLS.  BUT…. If the property is not in a compulsory area of FMLS then you may just list it in GAMLS only or NAVICA only, etc.
 
FMLS Compulsory Areas:  The FMLS Compulsory Areas include the following.  Here is the Map of FMLS Compulsory Areas too.
  • Barrow
  • Bartow
  • Chattooga
  • Cherokee
  • Cobb
  • Dawson
  • Dekalb
  • Douglas
  • Floyd
  • Forsyth
  • Fulton
  • Gordon
  • Gwinnett
  • Hall
  • Haralson
  • Jackson
  • Lumpkin
  • Paulding
  • Pickens
  • Polk
  • Walton
Wire Fraud – Don’t be a Liable Party to a Lawsuit: We have recently had TWO of our clients affected by Wire Fraud regarding sending their money for closing to the Closing Attorney!  Do not be a liable party to any potential law suite regarding wire fraud!  You are REQUIRED to have your client / Customer sign the Maximum One Wire Fraud Liability Waiver!  Click on that link to view – it is page 2 of the Affiliated Business Disclosure and is available on FMLS & in the Reference Section of Paperless Pipeline.  These documents do not have to be part of the contract but DO need your client’s signature for our files!  NEVER pass along any wire instructions from the attorney to your clients.
 
Maximum One Roster:  Remember that the Maximum One Roster is available to you in the Reference section of Paperless Pipeline.  This is NOT for public distribution.  Additionally, at the bottom of this roster are tabs indicating the physical branches AND there is a tab of “Other Specialties.”  We have many agents who are also appraisers .  Many of you have appraisal questions – so please take advantage of your colleagues who may answer your questions – check out the roster!
 

FMLS Matrix Update: Matrix™ 7.0 (the latest version of Matrix™) is coming to FMLS on Tuesday, July 18! When you login to Matrix™ after July 18, you will notice that Google Maps has replaced Bing Maps!

 You will also see a completely re-designed Client Portal – and so will your clients!  To assist your clients, CoreLogic® created a short video (Consumer Portal Video) – click here. This video is available to the consumer in every Client Portal under the Help section. Not only is there a new look and feel, the Client Portal has been updated to responsive design so that it looks great on any device used: desktops, laptops, tablets and phones!    As an agent, you will have new options in configuring the Client Portal for your clients. One of the most exciting new features is the ability to set up notifications to you based on your clients’ activities on their portal. You can have an email notice sent to you when your contact is active on their Portal or when they add listing notes, add favorites, etc. You can even set up a text notification to track certain activities!  You will also find more colorful options available for the banner on your Client Portal – check out the new professionally designed Headers and Footers under My Matrix > My Information > Headers and Footers.

Contact FMLS for more information!

 

FMLS Timeline for Complete Switch Over to rDocs:  Please read the following to make sure you are comfortable with FMLS.
  • As of Monday, October 2nd, all new transactions can only be entered into rDocs. FormsPro will be placed in “edit-only” mode. This means that you will be able to edit any existing transactions in FormsPro, but no new ones can be created.
  • As of Monday, November 6th, rDocs will be the only system available for document creation, management and e-Sign. FormsPro will be placed in “read-only” mode. You will only be able to view or print/email your transactions in FormsPro.
  • As of Monday, December 11th, FormsPro will be turned off. There will no longer be any access to FormsPro.
  • Suggestions
    • FMLS has been conducting rDocs training overview sessions for the last 4 months and many of our members have attended, tried out rDocs, and are already using it exclusively! We will continue to offer rDocs overview sessions throughout the timeline above. We will begin offering CE classes for rDocs in late summer; however, space will be very limited, so we encourage everyone to attend the rDocs overview sessions first.
    • While you have until Monday, October 2nd to start using rDocs, we strongly recommend you begin creating transactions in rDocs as soon as possible so that you will be familiar with it when it becomes the only option.
    • For those agents that have contacts stored in FormsPro and nowhere else, there is a way to export those from FormsPro into a .csv file that can then be opened in Excel or other customer contact programs. (In FormsPro, this is located under Preferences>My Preferences>Export Contacts.)
 
 
Max Cares: Prayers for Donna Black whose Aunt was diagnosed with cancer.
Max Cares: Prayers for Clarissa Zumwalt whose Mother is back in the hospital.
Max Cares: Condolences to L’Lisa Guischard whose sister passed away.

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7/16/17

Maximum One Realty Wins the 2017 Inc 5000 Award AGAIN: Congratulations to all of us at Maximum One for winning the Inc 5000 Award for the Fastest Growing Companies Private Companies in America for the SEVENTH time! I won’t know our ranking until next month.  According to Inc 5000,

as a 7th time honoree, we are part of a very select group of companies. They call it the Honor Roll and fewer than a tenth of Inc. 5000 honorees – an already quite select group – ever achieve this milestone. Your repeat Inc. 5000 honors truly put us in rarefied company.

GAMLS Transaction Desk App: If you use Transaction Desk through GAMLS for keeping up with your transactions, they have a cool new App you can get from Apple for your iPhone or iPad (Android App coming Soon.)  Getting started is as easy as 1,2,3 with the new App. Simply download and install the app from the App Store, input your activation code and you’re set to go!  Visit the comprehensive Help and Support site to make sure you can get started ASAP.  The Support site contains both videos and help documents covering the most requested topics. See www.GAMLS.com for more information!

  • Manage your transactions from your iPhone or iPad
  • Use Authentisign to prepare and send documents for eSignature
  • Create, fill in & manage your contracts and forms from your phone
  • Complete with smart interactive dashboards

FMLS Timeline for Complete Switch Over to rDocs:  Please read the following to make sure you are comfortable with FMLS.

  • As of Monday, October 2nd, all new transactions can only be entered into rDocs. FormsPro will be placed in “edit-only” mode. This means that you will be able to edit any existing transactions in FormsPro, but no new ones can be created.
  • As of Monday, November 6th, rDocs will be the only system available for document creation, management and e-Sign. FormsPro will be placed in “read-only” mode. You will only be able to view or print/email your transactions in FormsPro.
  • As of Monday, December 11th, FormsPro will be turned off. There will no longer be any access to FormsPro.
  • Suggestions
    • FMLS has been conducting rDocs training overview sessions for the last 4 months and many of our members have attended, tried out rDocs, and are already using it exclusively! We will continue to offer rDocs overview sessions throughout the timeline above. We will begin offering CE classes for rDocs in late summer; however, space will be very limited, so we encourage everyone to attend the rDocs overview sessions first.
    • While you have until Monday, October 2nd to start using rDocs, we strongly recommend you begin creating transactions in rDocs as soon as possible so that you will be familiar with it when it becomes the only option.
    • For those agents that have contacts stored in FormsPro and nowhere else, there is a way to export those from FormsPro into a .csv file that can then be opened in Excel or other customer contact programs. (In FormsPro, this is located under Preferences>My Preferences>Export Contacts.)

Earnest Money & Quick Closings: If you have a contract that goes binding and is scheduled to close quickly (i.e. within 10 – 14 days) then consider how the parties negotiate the earnest money.  Perhaps the Buyer & Seller agree to have no earnest money as part of the contract (it is not required for a contract to be enforceable.)  If the parties do negotiate for earnest money make sure that those funds are certified and in the agent’s possession at time of offer or remitted within 1 or 2 days.

Earnest Money Credit on a Closing Disclosure: When you go to a closing, look at the Broker commission.  If your Broker is credited with having the earnest money, make sure that those funds have been: 1) received, 2) deposited & 3) cleared the bank.  If you do not have this assurance & your Broker is credited on the Closing Disclosure with those funds, then this will potentially impact your commission.  This is vital in a quick closing.  If you find out the funds have not been remitted or not cleared the bank, then execute an Amendment at the closing table that there is no earnest money in the deal & have the closing attorney correct the Closing Disclosure.  If the Broker holds the funds, then as soon as they clear the bank, the Broker may reimburse the Buyer for the overage.

MX1 East Cobb / Powers Ferry Location:  We are continuing the amazing renovation of the new MX1 Powers Ferry Location & hope to be ready for agent-servicing soon!  In the meantime, please remember that we have already vacated the former MX1 East Cobb location in the Kroger Parkaire Shopping Center – no staff or mail is at that location.  For service, please use any of the other MX1 Greater Atlanta branches for physical use or as a temporary mailing address for your closings.  (Addresses and phone numbers of the branches are listed at the bottom of this newsletter & on the MX1 Blog & websites.)  Stay tuned for information about when this location will be available for agents & then for clients.

Max Cares: Prayers to Dawn Southern whose father is in ICU due to bleeding into his brain from a fall & pneumonia. Over the weekend, Dawn’s father was put on a ventilator.

Max Cares: Prayers to Lettie Hill who is in the hospital getting some tests run

Max Cares: Prayers to Leticia Mora who will be having surgery on July 17th.

Max Cares: Congratulations to Donna Black whose daughter, Kaitlyn is getting married on July 18th!

******

7/9/17

Please Welcome These Agents New to Maximum One:  Please welcome these agents who joined us in June 2017:

  • LaChrissa Andrews – McDonough
  • Rodney Daniely – McDonough
  • Candace Hebinck – Alpharetta
  • Andrea Alexander – West Cobb
  • Ginger Worde – Emerson
  • Quenton Thomas – Galleria
  • Crystal Chandler – Paulding
  • Elizabeth Pate Woolverton – Emerson
  • Cheryl Crocker – Paulding
  • Jody Webb – McDonough
  • Darla Humphrey – Douglasville
  • LaTasha Moses – McDonough
  • Roy Calderon – Galleria
  • Swapan Kumar – West Cobb
  • Lizzie Collins – Emerson
  • Aaron Arana – Douglasville
  • Jeff Warrensford – Woodstock – Welcome BACK!
  • Teresa Riggs – West Cobb
  • Kelly Moody – West CObb
  • Britney Burton – Alpharetta
  • Donna Skweres – Alpharetta
  • Peter Tuoyo – McDonough
  • Larry Brown – Emerson
  • Quinise Arnold – Galleria – Welcome BACK!
  • James Nelson – Alpharetta

Earnest Money & Quick Closings: If you have a contract that goes binding and is scheduled to close quickly (i.e. within 10 – 14 days) then consider how the parties negotiate the earnest money.  Perhaps the Buyer & Seller agree to have no earnest money as part of the contract (it is not required for a contract to be enforceable.)  If the parties do negotiate for earnest money make sure that those funds are certified and in the agent’s possession at time of offer or remitted within 1 or 2 days.

Earnest Money Credit on a Closing Disclosure: When you go to a closing, look at the Broker commission.  If your Broker is credited with having the earnest money, make sure that those funds have been: 1) received, 2) deposited & 3) cleared the bank.  If you do not have this assurance & your Broker is credited on the Closing Disclosure with those funds, then this will potentially impact your commission.  This is vital in a quick closing.  If you find out the funds have not been remitted or not cleared the bank, then execute an Amendment at the closing table that there is no earnest money in the deal & have the closing attorney correct the Closing Disclosure.  If the Broker holds the funds, then as soon as they clear the bank, the Broker may reimburse the Buyer for the overage.

How to Build Business Credit & Get Funding:  Thank you to Teressa McIntosh of Hope Credit Service (www.HopeCreditService.com) for providing a monthly workshop for you & your consumers on how to build business credit & obtain financing.  We have this approved as a 3 hour CE class beginning in August but feel free to let your clients know about this 1.5 hour workshop.  Click on the Flyer for more information: How to Build Business Credit & Get Funding

MX1 East Cobb / Powers Ferry Location:  We are continuing the amazing renovation of the new MX1 Powers Ferry Location & hope to be ready for agent-servicing soon!  In the meantime, please remember that we have already vacated the former MX1 East Cobb location in the Kroger Parkaire Shopping Center – no staff or mail is at that location.  For service, please use any of the other MX1 Greater Atlanta branches for physical use or as a temporary mailing address for your closings.  (Addresses and phone numbers of the branches are listed at the bottom of this newsletter & on the MX1 Blog & websites.)  Stay tuned for information about when this location will be available for agents & then for clients.

Maximum One Cap: Just a reminder that it is the Maximum One Transaction Fees that apply towards your annual cap of $6,000.  The year depends on your anniversary date with maximum One.  Monthly fees and the Franchise Royalty fee to not apply towards the cap.

How to Get Paid at Maximum One: There are two ways to get paid at Maximum One: 1) at the closing table by “DA”   and  2) via Direct Deposit after closing.

  • DA = Pay-at-Close: If you attend your closing then you may have the closing attorney pay you directly
    • Your transaction must be complete & compliant in Paperless Pipeline (PPL)
    • Complete a “DA Request” and upload into your transaction in PPL
    • Any changes to the contract must be done by Amendment & will require a Revised DA Request (change in closing date or any of the financials)
    • Must include closing attorney or pre-closer’s correct email address
    • Must be submitted at least 3 business days prior to closing – the earlier the better!
    • If Maximum One is holding the Earnest Money, then you must pick up the Earnest Money at your branch and take it to the closing with you – the check will be made payable to the Closing Attorney
    • After closing, you must upload a copy of the Closing Disclosure & the FMLS #118 (if property is in FMLS) & if it is your listing, you must change the status in GAMLS to Sold
    • At closing, you will alo receive a check that you must turn in to Maximum One – this check will include your MX1 Transaction fee, MX1 Franchise Royalty Fee, the FMLS fee & any overdue MX1 fees (monthly fees  or fines or FMLS / GAMLS WD fees)
    • If your transaction is not complete & compliant, then at closing you will receive one check made payable to Maximum One and you will receive your commission via direct deposit per below upon completion of the missing paperwork required for compliance
  • ACH = Direct Deposit: If you do not attend closing or your file is not complete & compliant at the time of closing, or you do not want the attorney to write you your check directly, then you will be paid via Direct Deposit.
    • At closing, you will receive the closing disclosure  and one check from the closing attorney
    • You turn in that check to Maximum One
    • You upload the Closing Disclosure, FMLS #118 (if property is in FMLS) & if it is your listing, you must change the status in GAMLS to Sold.
    • Upon completion & compliance of your transaction, your commission will directly be deposited into your account (based on the Direct Deposit information we have from you from your sign-on package)

Max Cares: Congratulations to Dawn & Tommy Southern who welcome a new Granddaughter, Lorelei Mackenzie Southern who was born on 6/26/17!

Max Cares: Condolences to CIndy Corona & Christine Corona for the unexpected death in their family.

Max Cares: Congratulations to Shareka Brown who just got her Broker’s License!

Max Cares: Prayers for healing for Eunice Carter who has recently been in the hospital.

 

********

7/2/17

Additional Helpful Information
Need Help? Please remember ALL the ways you may get assistance at Maximum One:

  • 24/7 Help with a Contract or Transaction: Support@MyMaximumOne.com
  • Help with an Inspection or New Construction: ConstructionQuestions@MyMaximumOne.com
  • How to Talk to a Live Person at MX1: Who’s Who at Maximum One
  • Click the “Live Chat” tile on www.eAGENTweb.com – Monday – Friday 9am – 5pm
  • Contact your Branch Manager
  • Contact Dana Sparks – Managing Broker
  • Contact Dawn Luttrell – Director of Compliance & Compliance Broker for MXGR
  • Contact Kim Murray – Compliance Broker for MXGA
  • Contact Mary Lamb – Broker Support
  • Contact a Broker from one of the other Maximum One Franchises
  • Contact your Mentor
  • Contact the Team Captain from your Branch
  • Review Contract Tips in the “Deal or No Deal” section of the MX1 Blog – 3 years worth of Contract Tips! – “Blog” tile on www.eAGENTweb.com 
  • Review the “General News: Industry & Company” section of the MX1 Blog – “Blog” tile on www.eAGENTweb.com   or  www.MaximizeYourRealEstateCareer.com
  • Consult the Reference Section of Paperless Pipeline
  • Consult the Orientation & Procedures Manuals
  • Consult the Vendor page on the MX1 Blog
  • Consult the Resources page on the MX1 Blog
  • Take the classes that Maximum One offers
  • Weekend Broker on Duty: If you have Broker questions over the weekend, please call the Broker on Duty Hotline: 770-919-8825 ext. 302.
  • GREC RENews:  Sign-up to receive GREC’s monthly online newsletter:  GREC Newsletter Registration.
  • MX1 Roster available on the Extranet & on the Reference” section of Paperless Pipeline

The Georgia Real Estate InfoBase:  This GREC Site is designed as a general reference for real estate information for the public, agents, Brokers, appraisers, property managers, lenders and customers.

www.eAGENTweb.com: This is the one-stop website you need for all your Maximum One needs! Go to www.eAGENTweb.com to see links to all the MX1 online resources you will need including Brokers & Staff!

MX1 Orientation:  If you are new to Maximum One, please contact your Branch Manager to schedule a brief Orientation to your Branch and learn about MX1 systems & Processes.  Each part of the Orientation is broken down into 30 minute “How-To” classes throughout the month.  Additionally, please watch the brief Orientation Video & remember to read through the online Orientation Manual you received by email!

Extranet / WolfConnect Video: Watch this video for a brief introduction to the Extranet / WolfConnect.

MX1 Training & Tutorial Videos: Please watch the myriad videos on www.eAGENTweb.com – Click “Live & Recorded Webinars”

Online Bill Pay:  We are excited to bring to you the option of paying your bill online!  Please include your name when paying your bill online.  There is a $3 handling fee for this service.

HUD: Maximum One Realty Greater Atlanta is a HUD listing broker; agents & their immediate families are prohibited from purchasing or having an interest in HUD foreclosures.

Commission Advances: Maximum One Greater Atlanta strictly prohibits Commission Advances from ANY and ALL companies.
Links to More Helpful Information

 

Maximum One Locations

Maximum One Realty   – 770-919-8825  or  678-501-7900  or  866-962-0261

Greater Atlanta
Executives
Community
Premier
_____________________________________________________________

West Cobb
ext. 318
5041 Dallas Hwy.  #700
Powder Springs, GA 30127Galleria/Atlanta
ext. 312
3200 Cobb Galleria Pkwy   #275
Atlanta, GA 30339East Cobb/Sandy Springs/ Dunwoody/ Powers Ferry – New
Location Opening Soon
ext. 303
1355 Terrell Mill Rd  #1464 & #1466
Marietta, GA 30067Cherokee/Woodstock
ext. 310
2370 Town Lake Pkwy.  #100
Woodstock, GA 30189Douglasville
ext. 306
9365 The Landing  #E200
Douglasville, GA 30135Paulding
ext. 321
76 Highland Pavilion Ct.  #141
Hiram, GA 30141Cedartown
ext. 694
Maximum One Main Street Realtors
2 N. Main St.
Cedartown, GA  30125McDonoughMaximum One Realty Partners
Managing Partners: Ming & Alan Richardson
Office@MaxOnePartners.com
313 Jonesboro Rd.
McDonough, GA 30253
678-782-5050AlpharettaMaximum One Realty Executives
Managing Partners – Monica & Kenneth Storey
Office@MaxOneExecutives.com
1005 Alderman Dr.   Suite #113
Alpharetta, GA 30005
770-835-4311Emerson / Bartow – Maximum One Community Realtors
Managing Partners – Lynn Lenton & Marcie Evans
Lynn@MaximumOneCommunityRealtors.com
708 Highway 293
Emerson, GA 30137
770-334-8286
Fax:  770-334-8062North Georgia Mountains – Maximum One Premier Realtors – NOW OPEN!
Managing Partner – Neal Matheson
Neal@MaxOnePremier.com
800 Old Dawson Village Road
Dawsonville, GA 30534
(470) 400-9877Maximum One Franchises:

  • Maximum One Greater Atlanta (Realtor & Realty)
    • West Cobb
    • Galleria
    • East Cobb
    • Woodstock
    • Douglasville
    • Paulding
  • Maximum One Executives (Realtor & Realty)
    • Alpharetta / North Fulton
  • Maximum One Partners (Realtor & Realty)
    • McDonough / Henry County
  • Maximum One Community (Realtor Only)
    • Emerson / Bartow
  • Maximum One Premier (Realtor Only)
    • North Georgia Mountains

 

*********

6/25/17

Maximum One Offices will be Closed for Independence Day on July 3rd & July 4th.

MX1 East Cobb / Powers Ferry Location:  We are continuing the amazing renovation of the new MX1 Powers Ferry Location & hope to be ready for agent-servicing soon!  In the meantime, please remember that we have already vacated the former MX1 East Cobb location in the Kroger Parkaire Shopping Center – no staff or mail is at that location.  For service, please use any of the other MX1 Greater Atlanta branches for physical use or as a temporary mailing address for your closings.  (Addresses and phone numbers of the branches are listed at the bottom of this newsletter & on the MX1 Blog & websites.)  Stay tuned for information about when this location will be available for agents & then for clients.

FMLS – ListTrac: FMLS has partnered with ListTrac to provide real-time analytics for the performance of your listings online!  The ListTrac dashboard will show you how much traffic is being directed to your listings via the different online mediums, including the FMLS system, IDX sites and online portals.  You will also be able to see how your listing is performing compared to similar listings, as well as provide a detailed traffic report to the home owner, highlighting this traffic.

Realtor.com statistics can also be included in your ListTrac dashboard, but you must first contact Realtor.com and request access to these statistics.  If you are interested in obtaining your Realtor.com stats, simply email Betty Okayan and let her know you wish to integrate Realtor.com stats into your ListTrac dashboard.  She will email you the information necessary to get setup, and then you will need to forward that information to ListTrac.  For more information on ListTrac, click here.

Real Estate License Reciprocity Among States: Real Estate license reciprocity among states only means that you don’t have to start at the beginning with Pre-License school to get your license in that state.  You typically have to take a course on the License laws in that state, pass the State test & then find a Broker in that state to hang your license with.  You may hold a real estate license in every state.

GREC Proposed Rule Changes:  GREC is proposing an Amendment to Rules in 520-1-.02 & .04.  The purpose of the proposed rule amendment is to define the terms required to implement Rule 520-1-.04(13) providing expedited processing if license applications submitted to the commission by military spouses or transitioning service members. The purpose is to define those terms:

  • “Military” means the United States armed forces, including the National Guard;
  • “Military Spouse” means a spouse of a service member or transitioning service member;
  • “Service Member” means an active or reserve member of the armed forces, including the National Guard;
  • “Transitioning Service Member” means a member of the military on active duty status or on separation leave who is within twenty-four months of retirement or twelve months of separation;

Maximum One Cap: Just a reminder that it is the Maximum One Transaction Fees that apply towards your annual cap of $6,000.  The year depends on your anniversary date with maximum One.  Monthly fees and the Franchise Royalty fee to not apply towards the cap.

How to Get Paid at Maximum One: There are two ways to get paid at Maximum One: 1) at the closing table by “DA”   and  2) via Direct Deposit after closing.

  • DA = Pay-at-Close: If you attend your closing then you may have the closing attorney pay you directly
    • Your transaction must be complete & compliant in Paperless Pipeline (PPL)
    • Complete a “DA Request” and upload into your transaction in PPL
    • Any changes to the contract must be done by Amendment & will require a Revised DA Request (change in closing date or any of the financials)
    • Must include closing attorney or pre-closer’s correct email address
    • Must be submitted at least 3 business days prior to closing – the earlier the better!
    • If Maximum One is holding the Earnest Money, then you must pick up the Earnest Money at your branch and take it to the closing with you – the check will be made payable to the Closing Attorney
    • After closing, you must upload a copy of the Closing Disclosure & the FMLS #118 (if property is in FMLS) & if it is your listing, you must change the status in GAMLS to Sold
    • At closing, you will alo receive a check that you must turn in to Maximum One – this check will include your MX1 Transaction fee, MX1 Franchise Royalty Fee, the FMLS fee & any overdue MX1 fees (monthly fees  or fines or FMLS / GAMLS WD fees)
    • If your transaction is not complete & compliant, then at closing you will receive one check made payable to Maximum One and you will receive your commission via direct deposit per below upon completion of the missing paperwork required for compliance
  • ACH = Direct Deposit: If you do not attend closing or your file is not complete & compliant at the time of closing, or you do not want the attorney to write you your check directly, then you will be paid via Direct Deposit.
    • At closing, you will receive the closing disclosure  and one check from the closing attorney
    • You turn in that check to Maximum One
    • You upload the Closing Disclosure, FMLS #118 (if property is in FMLS) & if it is your listing, you must change the status in GAMLS to Sold.
    • Upon completion & compliance of your transaction, your commission will directly be deposited into your account (based on the Direct Deposit information we have from you from your sign-on package)

Training Videos: Check out the tile “Live & Recorded Webinars” on www.eAGENTweb.com for a plethora of training videos on the Maximum One Systems & complete FMLS Playlists for rDocs & so much more!

Max Cares: Congratulations to Tamika McCray-Pratt who just had a baby girl!

*********

6/18/17

Congratulations to ALL Maximum One Agents & Staff who are Celebrating Students Graduating!  .

Happy Father’s Day!!!

Maximum One Company Forms Available in FMLS:  When you log into FMLS and you access your forms, please check out the MX1 Company Forms also available to you on this site under the Folder “Office / Broker Forms.”  You may access these company forms either through Forms Pro or on rDocs.  The Affiliated Business Arrangement Disclosure with the additional Wire Fraud Waiver is now available to you directly through FMLS.  MX1 Forms are available to you both for MXGR01 & for MXGA01.

Broker Forms on FMLS


Updates from Movement Mortgage:  
Thank you to John Bohannon of Movement Mortgage for the following updates: Movement Mortgage has an Exclusive Mortgage Assistance Program with 100% financing for conventional borrowers.  They also have a First Time Homebuyer program with a 3% Forgivable Grant from Movement combined with 97% Fannie Mae Home Ready Mortgage (640 FICO.)
All “Cash” Deals Where Buyer is Actually Getting a Loan: The new GAR Cash Exhibit is widely being used to make Buyer offers more attractive to Sellers.  Buyers are using this Exhibit even if they are getting a Loan but simply not making the contract contingent upon that financing (i.e. they know they will have no issues getting the loan.)  This Cash Exhibit (which was revised by GAR in May) has a paragraph regarding the Unilateral Extension privilege.  Many Sellers do not want the Buyer to be able to extend the contract unilaterally due to a financing issue when the Buyer is not making the contract contingent on that financing & when the Seller chose this contract after others based on this lack of financing contingency.  So consider the following Special Stipulation authored by Closing Attorney, Amee Davis of Davis & Associates: “All parties agree to remove the right to unilaterally extend the closing for eight (8) days for any financing delays.”  For more information on this Exhibit, watch this Contract Video Tip: Cash Buyer Using a Mortgage to Buy a House???

Lender Allowances for Repairs & Decorating: If a Buyer & Seller choose to negotiate for allowance for these issues, you must confirm that the Buyer’s lender will allow this as not all do.  The lenders that will permit financial allowances in lieu of repairs or other negotiated issues typically must have an invoice from a specific vendor for the closing disclosure and typically no structural repairs are allowed.

Picking Up Earnest Money Held by Maximum One: If you are not getting paid at the Closing Table directly from the attorney, there is no need to pick up the Earnest Money that Maximum One is holding.  You simply go to closing and then afterwards, you upload the Closing Disclosure into your Transaction in Paperless Pipeline, complete the FMLS #118 & upload into Paperless Pipeline (fill in the Sold information on GAMLS if it is your listing) & then turn in the check into the Maximum One office.  You will receive one check from the Closing Attorney payable to Maximum One for the full commission for that side less the Earnest Money we are already holding.  The we will deposit the check, take the MX1 Transaction fee & Franchise Royalty, pay FMLS & then send you your commission via Direct Deposit directly into your account!

Training Videos: Check out the tile “Live & Recorded Webinars” on www.eAGENTweb.com for a plethora of training videos on the Maximum One Systems & complete FMLS Playlists for rDocs & so much more!

Max Cares: Condolences to Vonda Cole whose husband passed away on June 2nd. .

*******

6/11/17

Congratulations to ALL Maximum One Agents & Staff who are Celebrating Students Graduating!  .

Please Welcome these Agents New to Maximum One May 2017:

  • Sherry Sanders – West Cobb
  • Christy Moore – Douglasville
  • Sabrina Williams – West Cobb
  • Monica Poole – Paulding
  • Deloris Gatson – McDonough
  • Octavia Channey – McDonough
  • Anja Matthews – McDonough
  • Shedric Elston – West CObb
  • Paula Adams – West Cobb
  • Michael Davis – Woodstock
  • David Barrow – Paulding
  • Jennifer Green – Douglasville
  • Landon Adams – East Cobb
  • James Lowery – Douglasville
  • Raymond Sumpter – Emerson
  • Gladys Solomon – Alpharetta
  • Kit Basma – Douglasville
  • Wesley Wilson – West Cobb
  • Anna Popham – Galleria
  • Tamika Primm – McDonough
  • Kimberly Madden – West Cobb
  • Shiya Hao – Alpharetta
  • Nathalie Brimecombe – McDonough
  • Donna Hood – Douglasville
  • Nancy Gorrow – Paulding – Welcome BACK!
  • Lameka Phillips – McDonough
  • Aaron Deos – West Cobb
  • Juan Sidberry – Galleria
  • Trish Loveland – McDOnough
  • Melissa Anderson – McDonough

FMLS Northwest Store & Training Location: The FMLS Northwest Location is Moving!  It is currently off Barrett Pkwy behind the “Move Stop.”  It will be moving just down the road – still on Barrett Parkway – just behind David’s Bridal on the lower level.  This location will be closed from June 8th – June 19th Contact FMLS for more information.

Turning on Utilities in Vacant House:  If the utilities have been turned off & a Buyer or Seller turns them on – especially the Water, make sure that someone is at the house when the water gets turned on.  When a vacant house is shown & the water service is turned off, you never know what faucets or washing machine hook-ups are left in the OPEN position & could cause flooding & damage to the home.

Picking Up Earnest Money Held by Maximum One: If you are not getting paid at the Closing Table directly from the attorney, there is no need to pick up the Earnest Money that Maximum One is holding.  You simply go to closing and then afterwards, you upload the Closing Disclosure into your Transaction in Paperless Pipeline, complete the FMLS #118 & upload into Paperless Pipeline (fill in the Sold information on GAMLS if it is your listing) & then turn in the check into the Maximum One office.  You will receive one check from the Closing Attorney payable to Maximum One for the full commission for that side less the Earnest Money we are already holding.  The we will deposit the check, take the MX1 Transaction fee & Franchise Royalty, pay FMLS & then send you your commission via Direct Deposit directly into your account!

Training Videos: Check out the tile “Live & Recorded Webinars” on www.eAGENTweb.com for a plethora of training videos on the Maximum One Systems & complete FMLS Playlists for rDocs & so much more!

Maximum One Franchise Royalty:  The Maximum One $10 Franchise fee begins with all transactions closing May 1, 2017.  Please see below for more information.

Max Cares: Prayers for healing to Mary Lamb who had throat cancer surgery.

Max Cares: Condolences to Ann Marie Reynolds whose husband passed away.

**************

6/4/17

Georgia Dream “Hardest Hit Fund” Program:  Thank you to Jay Alexander of Homestar Financial Corporations for informing us of this information.  The new “GA Dream Hardest Hit Fund” program offers $15,000 and the funds are forgiven after 5 years!!  It is only available on existing properties in the following counties: Bibb, Chatham, Clayton, DeKalb, Douglas, Fulton, Gwinnett, Henry, Muscogee, Paulding.  This is actually a good program that could/should help a lot of people.

Low Appraisal on FHA & VA Loans:  If a Buyer is getting an FHA-Insured or VA-Insured Loan and the appraisal comes in lower than the Sale Price, the Buyer may terminate up through day of closing & get their Earnest Money back.  The Financing Contingency time frame in these loans is the ability of the Borrower to get financed and there IS a time frame on that portion (whatever number of days after Binding date is negotiated between the Buyer & Seller.)  The appraisal “contingency” is spelled out in the “Amendatory Clause” paragraph of those Exhibits.  There is no specific time frame for the appraisal contingency on these loans so it goes through the end of the contract which is the last contractual date of closing. Buyer, however, must send the Termination Notice to the Seller prior to the end of that day; if the Buyer merely fails to close without sending the proper notice, the Buyer will default.

MX1 Wire Fraud Liability Waiver:  Maximum One has added a Wire Fraud Liability Waiver as a form we require all Clients & Customers to sign.  I have added the MX1 Wire Fraud Liability Waiver Disclosure as page 2 of the Affiliated Business Disclosure.because we require our clients & customers to sign this though it does not have to be part of the contract.  Thank you to Attorney, Andy Hartman of  Hartmann of Hartman-Imbriale Closing Attorneys for drafting this for your protection & ours. I have added updated form to MX1 Greater Atlanta Reference section in PPL AND a Fillable PDF form.  I will also add to the Office Docs in FMLS for both MXGR01 & MXGA01.

All of MX1 Clients & Customers must sign this waiver!  It does not need to be part of the contract.  Agent & MX1 potentially liable for the Client’s money if fraudulently taken by wire fraud. (First American Title v. Tanashi Zapata, et. al.)  Agents should never share Closing Attorney’s wire info or any wire info with public.

Maximum One will only mail by US Mail the Clients / Customers wire info for Earnest Money… no more sending by email.  Agent or Client / Customer may pick up in person & deliver in person.  No agent should ever communicate wire information to the public from the Closing Attorney…. Clients need to call the attorney directly to secure that information.  Click here for Affiliated Business Disclosure & Wire Fraud Waiver in pdf & Affiliated Business Disclosure & Wire Fraud Waiver in fillable pdf

Branded Agent App for MX1 Agents:  Maximum One agents now get their own FREE app to share with their prospects, clients & customers.  This app is through Smarter Agent and is totally FREE.  The app is branded to YOU the agent & your clients simply download it from Google Play or iTunes.  It is through Smarter Agent.  This program is being managed for Maximum One by Michelle – Paulding@eAGENTweb.com 770-919-8825 ext. 321.  To add your photo to your app and for any assistance, please contact Michelle.  This is a REAL app.  You have already received an email from Smarter Agent regarding your own personal app.  (Please check your “junk” mail or contact Michelle for assistance.)  watch Dave’s brief video below for more information!

Maximum One Franchise Royalty:  The Maximum One $10 Franchise fee begins with all transactions closing May 1, 2017.  Please see below for more information.

Max Cares: Prayers for healing to Deloris Jenkins who just had knee surgery.

Max Cares: Prayers to Dawn Southern whose father is in the hospital with a sever case of pneumonia.

Max Cares: Prayers for Mary Lamb who is having surgery Monday to remove throat cancer.

***********************

5/21/17 & 5/28/17

Maximum One Offices will be CLOSED for Memorial Day 5/29/17 – Have a SAFE & HAPPY Memorial Day Weekend!

MX1 Wire Fraud Liability Waiver:  Maximum One has added a Wire Fraud Liability Waiver as a form we require all Clients & Customers to sign.  I have added the MX1 Wire Fraud Liability Waiver Disclosure as page 2 of the Affiliated Business Disclosure.because we require our clients & customers to sign this though it does not have to be part of the contract.  Thank you to Attorney, Andy Hartman of  Hartmann of Hartman-Imbriale Closing Attorneys for drafting this for your protection & ours. I have added updated form to MX1 Greater Atlanta Reference section in PPL AND a Fillable PDF form.  I will also add to the Office Docs in FMLS for both MXGR01 & MXGA01.

All of MX1 Clients & Customers must sign this waiver!  It does not need to be part of the contract.  Agent & MX1 potentially liable for the Client’s money if fraudulently taken by wire fraud. (First American Title v. Tanashi Zapata, et. al.)  Agents should never share Closing Attorney’s wire info or any wire info with public.

Maximum One will only mail by US Mail the Clients / Customers wire info for Earnest Money… no more sending by email.  Agent or Client / Customer may pick up in person & deliver in person.  No agent should ever communicate wire information to the public from the Closing Attorney…. Clients need to call the attorney directly to secure that information.  Click here for Affiliated Business Disclosure & Wire Fraud Waiver in pdf & Affiliated Business Disclosure & Wire Fraud Waiver in fillable pdf

 

Buying or Selling Your Own Property at Maximum One: If you choose to take $0.00 in commission on a transaction, the following shall apply:

  • Transaction fee to Maximum One shall be $50 ($40 if you are on Plan B) if this transaction is for an Owner-Occupied / Primary Residence property for yourself or your immediate family with a maximum of two transactions per year.
  • If the above does not apply, then the transaction fee to Maximum One shall be the transaction fee based on your plan, if you are on a commission split, then the Maximum One fee shall be your split (based on your plan) based on 3% of the sales price of the property.
  • If this is a primary residence for you, there is an “Agent Owner” letter on FMLS you may complete for $0 FMLS fee
  • If you are a Maximum One agent and you are purchasing or selling a property, you must use either the GAR or the RE Forms contract forms.
  • You must sign an Exclusive Listing Agreement with Maximum One if you are Selling a Property and a Buyer Brokerage Agreement with Maximum One if you are Buying a Property
  • Per GREC, you must disclose that you are a duly licensed agent in Georgia in all marketing / advertising & contracts.

Contract Forms for Agent as Principal 

  • If you are a Maximum One agent and you are purchasing or selling a property, you must use either the GAR or the RE Forms contract forms.
  • You must sign an Exclusive Listing Agreement with Maximum One if you are Selling a Property and a Buyer Brokerage Agreement with Maximum One if you are Buying a Property
  • Per GREC, you must disclose that you are a duly licensed agent in Georgia in all marketing / advertising & contracts.

Marketing Yourself as a “Brand Name” in Conjunction with Maximum One’s name:   If you want to market yourself under a “brand” name in conjunction with the Maximum One name, then you simply adhere to the GREC Marketing & Advertising Rules and your “brand name” is in place of the “agent name.”  If you want to market yourself solely as your “Brand Name” then please contact Dana to request information on Maximum One’s Agent Trade Name Program for cost and details.  Click here for the GREC Marketing & Advertising Rules.  Please take the License Law class for more information on GREC License Laws.

Where to Get Assistance at Maximum One:  There are several methods at Maximum One to get assistance for contracts and systems:  Go to www.eAGENTweb.com & click on “Broker & Staff Contact”

Branded Agent App for MX1 Agents:  Maximum One agents now get their own FREE app to share with their prospects, clients & customers.  This app is through Smarter Agent and is totally FREE.  The app is branded to YOU the agent & your clients simply download it from Google Play or iTunes.  It is through Smarter Agent.  This program is being managed for Maximum One by Michelle – Paulding@eAGENTweb.com 770-919-8825 ext. 321.  To add your photo to your app and for any assistance, please contact Michelle.  This is a REAL app.  You have already received an email from Smarter Agent regarding your own personal app.  (Please check your “junk” mail or contact Michelle for assistance.)  watch Dave’s brief video below for more information!

GSCCCA.org:  Maximum One gladly offers access to this site FREE for Maximum One agents.  However, if you PRINT a document, it is $0.50 per page and you are responsible for paying that fee.  Please contact Donna in Agent Billling – AgentBilling@eAGENTweb.com with the number of pages you have printed.  You are on the honor system and if this privilege is abused, we will no longer be able to offer this service to the agents.

Accessing www.Bill.com :  The billing system we are use at Maximum One Greater Atlanta is www.bill.com  and on the email you received with your invoice information there is a place where it says to pay your invoice electronically.  You will ALWAYS access your portal by clicking on this box, so you may want to keep one of these emails in a folder in your email so you have access to that during the month before you would receive the next email notifying you of your current invoice.  When you click on that box it will prompt you to create a password so that you can set up your own individual portal, where you can make payments, see your invoices and payments and set up auto pay. Once you have created your password you should be directed to the home page of your portal where you will see bills or outstanding bills and it will show you a list of your invoices that are open.  You will click on the invoices you want to pay and it will give you the option at the bottom to pay with ACH (which is the money deducted from your bank account) or credit card.  There is no fee for paying ACH, but there will continue to be a $3 handling fee for credit and debit card payments.  You can also set up auto pay and I am told by bill.com that if you want the bill to be paid let’s say by the 20th you would need to schedule it for the 17th.  The auto pay option will also ask you to set an amount not to go over, so if you pay your E & O insurance any way other than monthly you will need to make sure you account for that when you set the amount.  Please contact Donna Black – AgentBilling@eAGENTweb.com 770-919-8825 ext. 324 if you have any other questions, or I can be of further assistance.

Maximum One Franchise Royalty:  The Maximum One $10 Franchise fee begins with all transactions closing May 1, 2017.  Please see below for more information.

Max Cares: Condolences to Mandy Gentile on the loss of her family member.

 

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2017 MX1 Greater Atlanta Manuals:  Please refer to these manuals for any questions you may have about Maximum One.  There are additional copies in the Workroom of your Branch & under the “Reference” tab in Paperless Pipeline.  Check out the NEW additions designed to assist you with your business!

Maximum One Franchise Royalty – May 2017: As we approach our 10 year anniversary in 2017, we wanted to make you aware of a small change that will take effect.  In May 2017, our franchise royalty kicks in.  All Maximum One companies are a franchise of M.O.R.E. Corporation.  There are currently 4 franchises (Greater Atlanta, Executives, Partners & Community) and all Franchise royalties will kick in May of 2017.  The change for the agents is there will be a $10 Royalty on every transaction and there is no cap on these and no proration with in-house transactions.  These royalties go to M.O.R.E. Corp., which is the parent company and will be used for the betterment of the entire Maximum One network.

We have not raised fees on anything since we opened with the exception of a GAMLS $3 pass through several years ago so I hope everyone sees the value in being part of a franchise system.  The main focus for the Royalty will be systems and training;  after all…we are AGENT-centric!  Please email me (Dave@MaximumOne.pro ) if you have any comments, questions or concerns.  I am so excited that within a couple years we will be having some even MORE amazing tools for you.  Blessings!!

Dave Kubat, Founding Partner
Maximum One ™ Greater Atlanta REALTORS ®
www.KeepMoreCommission.com
10 Convenient Locations To Serve You
770.778.1547 Cell/Text

***************

5/14/17

Happy Mother’s Day!!  .

Welcome Agents New to Maximum One in April 2017: Please make these agents feel welcome!

  • Joel Carlyl Canada – Alpharetta
  • Apollo King-El – Alpharetta
  • Zanobia Lanier – Alpharetta
  • Wallace Carter – Douglasville
  • Bruce Richardson – McDonough
  • Mario Luque – Woodstock
  • Julia Richardson – McDonough
  • Jill Lemley – Galleria
  • Davena Dahunsi – Paulding
  • John Pantez – Woodstock
  • Nancy Pantez – Woodstock
  • Shanita Hall – McDonough
  • Matthew King – Galleria
  • Atul Chandra – Galleria
  • Brandi Kirk – Galleria
  • Mirvat El-Ltr – East Cobb
  • Heidi Kelly – Paulding
  • Robin Agan – Douglasville
  • Steve Roberts – Alpharetta
  • Lise Smith – Woodstock
  • Monique Sheffield – McDonough
  • Christine Fortenberry – West Cobb – Welcome BACK!
  • Jewel Devone – Douglasville
  • Daniel Gonzales – Galleria
  • Jodi Byers – Paulding
  • Juan Montes – West Cobb
  • Jayla King – East Cobb
  • Kimberly Greene – East Cobb
  • Brenda Barkley – McDonough
  • Roger Ayers – Woodstock
  • Amanda Hudgins – Paulding
  • Wanda Sealy – Woodstock
  • Machelle Moody – Douglasville
  • Ann Reynolds – Galleria

New Maximum One Franchise:   We are excited to announce the opening of the newest Maximum One Franchise – Maximum One Premier Realtors – with Managing Partner, Neal Matheson!  This new franchise serves the North Georgia Mountains.

New Loan Program: Thank you to John Bohannon of Movement Mortgage for informing us of the new Conventional Loan Program – 3% down with no PMI and conventional loans allow for 100% gift funds for down-payment and a co-signor.

Seller Allowances for Repairs / Decorating:  Many lenders are once again beginning to allow for seller financial allowance in lieu of repairs with an invoice from the lender on the Closing Disclosure.  Typically no structural repairs are allowed.  Check with specific lenders to see if they will allow this in the contract.

Where to Get Assistance at Maximum One:  There are several methods at Maximum One to get assistance for contracts and systems:

Branded Agent App for MX1 Agents:  Maximum One agents now get their own FREE app to share with their prospects, clients & customers.  This app is through Smarter Agent and is totally FREE.  The app is branded to YOU the agent & your clients simply download it from Google Play or iTunes.  It is through Smarter Agent.  This program is being managed for Maximum One by Michelle – Paulding@eAGENTweb.com 770-919-8825 ext. 321.  To add your photo to your app and for any assistance, please contact Michelle.  This is a REAL app.  You have already received an email from Smarter Agent regarding your own personal app.  (Please check your “junk” mail or contact Michelle for assistance.)  watch Dave’s brief video below for more information!

GSCCCA.org:  Maximum One gladly offers access to this site FREE for Maximum One agents.  However, if you PRINT a document, it is $0.50 per page and you are responsible for paying that fee.  Please contact Donna in Agent Billling – AgentBilling@eAGENTweb.com with the number of pages you have printed.  You are on the honor system and if this privilege is abused, we will no longer be able to offer this service to the agents.

Accessing www.Bill.com :  The billing system we are use at Maximum One Greater Atlanta is www.bill.com  and on the email you received with your invoice information there is a place where it says to pay your invoice electronically.  You will ALWAYS access your portal by clicking on this box, so you may want to keep one of these emails in a folder in your email so you have access to that during the month before you would receive the next email notifying you of your current invoice.  When you click on that box it will prompt you to create a password so that you can set up your own individual portal, where you can make payments, see your invoices and payments and set up auto pay. Once you have created your password you should be directed to the home page of your portal where you will see bills or outstanding bills and it will show you a list of your invoices that are open.  You will click on the invoices you want to pay and it will give you the option at the bottom to pay with ACH (which is the money deducted from your bank account) or credit card.  There is no fee for paying ACH, but there will continue to be a $3 handling fee for credit and debit card payments.  You can also set up auto pay and I am told by bill.com that if you want the bill to be paid let’s say by the 20th you would need to schedule it for the 17th.  The auto pay option will also ask you to set an amount not to go over, so if you pay your E & O insurance any way other than monthly you will need to make sure you account for that when you set the amount.  Please contact Donna Black – AgentBilling@eAGENTweb.com 770-919-8825 ext. 324 if you have any other questions, or I can be of further assistance.

Maximum One Franchise Royalty:  The Maximum One $10 Franchise fee begins with all transactions closing May 1, 2017.  Please see below for more information.

Max Cares: Condolences to Quillie Williams whose mother passed away.

Max Cares:  Condolences to Holly Pecht whose brother passed away.

********

5/7/17

Fannie Mae & Student Loans:  Thank you to Jay Alexander of Homestar Financial for informing us that Fannie Mae will now accept a borrower’s actual payment of a student loan vs. the calculated percent of income that they formally used in the DTI calculations.  Homestar has adopted that practice for over a year!
Self-Employed Borrowers:   Thank you to John Bohannon of Movement Mortgage for informing us that when applying for a loan with this lender, they only need one year of tax returns for self-employed borrowers who have been self-employed for two years.  But starting in June, they will need to provide a 5 year self-employment history.
GAMLS Educational Articles:  As a member of GAMLS, you have access to a wealth of information via your RETechnology Account.  Check out these articles from last month:
Branded Agent App for MX1 Agents:  Maximum One agents now get their own FREE app to share with their prospects, clients & customers.  This app is through Smarter Agent and is totally FREE.  The app is branded to YOU the agent & your clients simply download it from Google Play or iTunes.  It is through Smarter Agent.  This program is being managed for Maximum One by Michelle – Paulding@eAGENTweb.com 770-919-8825 ext. 321.  To add your photo to your app and for any assistance, please contact Michelle.  This is a REAL app.  You have already received an email from Smarter Agent regarding your own personal app.  (Please check your “junk” mail or contact Michelle for assistance.)  watch Dave’s brief video below for more information!
 
GSCCCA.org:  Maximum One gladly offers access to this site FREE for Maximum One agents.  However, if you PRINT a document, it is $0.50 per page and you are responsible for paying that fee.  Please contact Donna in Agent Billling – AgentBilling@eAGENTweb.com with the number of pages you have printed.  You are on the honor system and if this privilege is abused, we will no longer be able to offer this service to the agents.  
 
REVISED GAR Contract Forms 5/1/17: The Georgia Association of Realtors (GAR) Contract Committee has completed their 2017 Revision of the contracts.  these revised dorms will be available May 1, 2017.  Please watch video above for explanation of revision of All Cash Exhibit.  Next week’s video will discuss the revision of the Community Association Disclosure
Accessing www.Bill.com :  The billing system we are use at Maximum One Greater Atlanta is www.bill.com  and on the email you received with your invoice information there is a place where it says to pay your invoice electronically.  You will ALWAYS access your portal by clicking on this box, so you may want to keep one of these emails in a folder in your email so you have access to that during the month before you would receive the next email notifying you of your current invoice.  When you click on that box it will prompt you to create a password so that you can set up your own individual portal, where you can make payments, see your invoices and payments and set up auto pay. Once you have created your password you should be directed to the home page of your portal where you will see bills or outstanding bills and it will show you a list of your invoices that are open.  You will click on the invoices you want to pay and it will give you the option at the bottom to pay with ACH (which is the money deducted from your bank account) or credit card.  There is no fee for paying ACH, but there will continue to be a $3 handling fee for credit and debit card payments.  You can also set up auto pay and I am told by bill.com that if you want the bill to be paid let’s say by the 20th you would need to schedule it for the 17th.  The auto pay option will also ask you to set an amount not to go over, so if you pay your E & O insurance any way other than monthly you will need to make sure you account for that when you set the amount.  Please contact Donna Black – AgentBilling@eAGENTweb.com 770-919-8825 ext. 324 if you have any other questions, or I can be of further assistance.

Maximum One Franchise Royalty:  The Maximum One $10 Franchise fee begins with all transactions closing May 1, 2017.  Please see below for more information.
Max Cares: Condolences to Shonna Sherrill on the sudden loss of her husband, Pastor Tony Sherrill, last Sunday.
Max Cares:  Prayers for Holly Pecht whose brother is extremely ill.
Max Cares:  Prayers for Clarissa Zumwalt whose mother was in the hospital after a fall & then suffered a stroke.
Max Cares: Prayers to Kenneth & Monica Storey – Kenneth’s brother has lung cancer is in hospice.

***********************

4/30/17

Branded Agent App for MX1 Agents:  Maximum One agents now get their own FREE app to share with their prospects, clients & customers.  This app is through Smarter Agent and is totally FREE.  The app is branded to YOU the agent & your clients simply download it from Google Play or iTunes.  It is through Smarter Agent.  This program is being managed for Maximum One by Michelle – Paulding@eAGENTweb.com 770-919-8825 ext. 321.  To add your photo to your app and for any assistance, please contact Michelle.  This is a REAL app.  You have already received an email from Smarter Agent regarding your own personal app.  (Please check your “junk” mail or contact Michelle for assistance.)  watch Dave’s brief video below for more information!
 
Tenant in Properties: If you are working with an Owner-Occupant Buyer and there is tenant in the property, the property is sold subject to the lease.  Make sure you reference the lease & request a copy in the contract, negotiate for the transfer of Security Deposit, etc.  You will need to address these issues – even if the Seller says that “the tenant will be out prior to close” – the Seller has no control over a Tenant at Sufferance.
 
REVISED GAR Contract Forms 5/1/17: The Georgia Association of Realtors (GAR) Contract Committee has completed their 2017 Revision of the contracts.  these revised dorms will be available May 1, 2017.  Please watch video above for explanation of revision of All Cash Exhibit.  Next week’s video will discuss the revision of the Community Association Disclosure
 
Transferring EM to Another Contract from a Termination: If you have a Buyer (and we are holding the Earnest Money) who is terminating one contract and is going to write an offer on another property, you must do the following.  The parties must agree to release the Earnest Money on the T&R to one of the parties – NOT to the Broker – the Broker is not a party to the contract.  Here are the steps to follow:
  • Terminate the first contract
  • Complete the “Release of Earnest Money” portion of the Release agreement with the Earnest Money being released to the BUYER – NOT MX1
  • Complete a “Transfer of Earnest Money” Form – available in the Reference Section of Paperless Pipeline
  • Upload all documents into your terminated transaction in Paperless Pipeline
 
Maximum One Franchise Royalty:  The Maximum One $10 Franchise fee begins with all transactions closing May 1, 2017.  Please see below for more information.
 
MX1 Greater Atlanta New Billing System – www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system

**********

4/23/17

GAMLS Coverage:  Debunking the Myth that Georgia MLS is Just a “South of I-20 MLS”

While it is true that Georgia MLS is the predominant MLS South of I-20, a more accurate statement is that Georgia MLS covers all of Metro Atlanta and is the predominant MLS across the state. For many years there was a false perception that GAMLS did not have any meaningful coverage North of I-20. Currently not only does Georgia MLS have extensive coverage across the northern arc, we have unparalleled coverage ranging from the North Georgia mountains, down through central Georgia, and along the Georgia Coast. Let’s take a look by the numbers and debunk the old perception.

  • 21,687 subscribers or 65.9% of our 32,918 total membership base reside North of I-20
  • 73,568  or 67.8% listings sold in 2016 were North of I-20
  • 13,415 or 64.5% of listings sold in 2017 are North of I-20
  • 1,361 offices reside North of I-20
  • 29,000+ Active listings out of 48,500+ listings are North of I-20
  • Still not convinced?  Click  here for a State map of Georgia MLS membership.

Credit Card Payments Now Available through www.Bill.com : You may now pay your agent bill with a credit card through your own agent portal on the www.Bill.com system. In the drop down menu you now have the option of paying by ACH or Credit Card.

FMLS Fees on Closings: By virtue of Maximum One’s membership with FMLS, we are required to collect FMLS fees in the following situations – regardless if you found the property actually listed in FMLS or not. If you have any questions, feel free to contact Chris Wade – Manager of FMLS Compliance:  404.445.1951   cwade@fmls.com

  • If a MX1 agent signs an Exclusive Listing Agreement & the property is in an FMLS compulsory area
  • If on contract the Seller Agency is marked as “Client” & Listing Broker is a Member of FMLS & property is in an FMLS Compulsory area
  • For new construction, if the property is beyond the drywall stage (& above applies.)  Note: If new construction is closing in 30ish days, it is obviously beyond the Drywall stage.
  • If agent gets a letter from FMLS in writing stating they will not charge MX1 a fee, then we will reimburse.

Maximum One Franchise Royalty:  The Maximum One $10 Franchise fee begins with all transactions closing May 1, 2017.  Please see below for more information.

Maximum One Franchise Royalty – May 2017: As we approach our 10 year anniversary in 2017, we wanted to make you aware of a small change that will take effect.  In May 2017, our franchise royalty kicks in.  All Maximum One companies are a franchise of M.O.R.E. Corporation.  There are currently 4 franchises (Greater Atlanta, Executives, Partners & Community) and all Franchise royalties will kick in May of 2017.  The change for the agents is there will be a $10 Royalty on every transaction and there is no cap on these and no proration with in-house transactions.  These royalties go to M.O.R.E. Corp., which is the parent company and will be used for the betterment of the entire Maximum One network.

We have not raised fees on anything since we opened with the exception of a GAMLS $3 pass through several years ago so I hope everyone sees the value in being part of a franchise system.  The main focus for the Royalty will be systems and training;  after all…we are AGENT-centric!  Please email me (Dave@MaximumOne.pro ) if you have any comments, questions or concerns.  I am so excited that within a couple years we will be having some even MORE amazing tools for you.  Blessings!!  – Dave Kubat, Founding Partner,  Maximum One ™ Greater Atlanta REALTORS ® www.KeepMoreCommission.com  10 Convenient Locations To Serve You  770.778.1547 Cell/Text

MX1 Greater Atlanta New Billing System – www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)

  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system

Max Cares: Prayers for Diane Winkler who is recovering from surgery.

*************************

4/16/17

Happy Easter!
Happy Passover last week!
Withdrawing a Listing:  If you want to “Withdraw” a listing, you must terminate the agreement not simply remove it from FMLS & GAMLS.  Here are the steps you need to take:
  • Terminate the Listing Agreement with Maximum One
    • GAR Form F89 – Mutual Termination of Brokerage Engagement  OR
    • GAR Form F87 – Notice to Terminate Brokerage Engagement
    • RE 261 – Amendment to Contract
  • Complete FMLS form #116
  • Complete GAMLS Listing Withdraw or Transfer Form
  • Have you Client sign all three documents (Termination & FMLS & GAMLS forms)
  • Upload these documents into your transaction in Paperless Pipeline
  • We will get a Broker Signature and send to FMLS & GAMLS
  • There will be a $50 fee added to your agent bill to cover the FMLS & GAMLS withdraw fees
  • You may ask your client to pay that – they make a check payable to Maximum One Realty (or Realtors) for “early termination fee” 
    • In the GAR listing agreement it states that they may be liable for this – no such verbiage in the RE Forms Listing Agreement
    • I suggest you add it as a Special Stipulation when you first sign the listing agreement – “Should Seller terminate the listing agreement earlier than the agreed-upon date, Seller to pay Maximum One Realty $50 Early termination fee.”
 
Credit Card Payments Now Available through www.Bill.com : You may now pay your agent bill with a credit card through your own agent portal on the www.Bill.com system. In the drop down menu you now have the option of paying by ACH or Credit Card.
 
Paperless Pipeline & rDocs: When you send a document for eSign through rDocs, simply cc the email address from your transaction in Paperless Pipeline in the eSign list and after completion, your completely signed document will automatically be emailed into your transaction.  Then simply go in to that transaction & assign it the proper section of the transaction.
 
Your Year to Date Numbers from Paperless Pipeline:  Every month, you will receive an automatic email from Paperless Pipeline with your Year-to-Date numbers from your Cap date.
 
High Flyer from Zip Your Flyer:  We have a new Corporate Discount available to you for flyers. As a Maximum One agent, you will receive a 15% Discount on the “High Flyer” program from www.ZipYourFlyer.com .  You should have already received an email with login information.  Please click on these instructions for  High Flyer Quick Start Guide all the information to get started.  If you have any questions, please contact our rep: Caitlin Thornburg –  Caitlin@zipyourflyer.com  PO Box 6155, Edmonds, WA 98026  Main: 888.947.8509  Direct: 425.361.0638
 
NSF Fee:  If your client’s Earnest Money check is not honored by the bank there is a $35 Bank Fee that we must pass through to your client. 
 
MX1 Greater Atlanta New Billing System – www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system
Professional Head Shots – May & June:  Please attend your Monthly Sales Meetings in May & June as we will have a professional photographer taking head shots for your marketing materials!  Stay tuned for more information!
 
Max Cares: Congratulations to Donna Agan-Williams on the birth of her Granddaughter last Saturday!
Max Cares: Prayers for Steve Muntz whose wife, Holly, has been admitted to Northside hospital with heart issues.
Max Cares: Condolences to Kim Rupp whose mother passed away from a heart attack.
Max Cares: Congratulations to Tiffany Williams who just got her Broker’s License!

*********************************

4/9/17

Welcome Agents New to Maximum One:  Please welcome the following agents who joined us in March!

  • Lisa Lindsay-Lavelanet – East cobb
  • Katherine Mojica – Woodstock
  • Rick Gossett – Paulding
  • Tim Brummell – Woodstock
  • Jolene Arnette Harrell Hamm – McDonough
  • Karen Rollins – McDonough
  • Marty McClendon – West Cobb
  • Abdelrazak Kassim – Alpharetta
  • Olivia Harmon – Galleria
  • Carolyn Thomas – McDonough
  • Catherine Maum – Galleria
  • Cherie Langston – Douglasville
  • Gene Lau – East Cobb
  • Ashley Blanton – Paulding
  • Saecilia Jackson – McDonough
  • Erin Howell – Alpharetta
  • Carlene Langley – West Cobb
  • Brianna McMillan – Paulding
  • Janet Scanlon – Paulding
  • Jeanna Mazza – Woodstock
  • Ronald Carter – Douglasville
  • Karina Galero – Galleria
  • Lyssa Michelle Nunn – Paulding
  • Tressala Jennings – Douglasville
  • Brandon England – Woodstock
  •  Mandy Gentile – East Cobb
  • Haseena Young – McDonough
  • Ann hayes – McDonough
  • Wesley Ruland – McDonough
  • Joshua Niles – McDonough
  • Kelley Parker – McDonough
  • Amber Taylor – Paulding
  • Rhonda Clark – Galleria
  • Ronald Dowell – Alpharetta
  • Justin Sebastian – McDonough
  • Diane Worley – West Cobb
  • Jan Schmidt – East Cobb – Welcome BACK!
  • Sonja Meulens – Galleria
  • Tonda Burack – Emerson
  • Marilyn Pumphrey – Alpharetta
  • Aline Saenz – Douglasville
  • Patti Loveless – Paulding
  • Steve Muntz – Emerson
  • Lori Roland – Douglasville
  • Lynette Roland – Galleria
  • Rebecca King – West cobb
  • Dawn Astin – Paulding
  • Sandy Cole – Paulding
  • Carol Scott – West Cobb
  • Paul Wingfield – West Cobb

Congratulations to Maximum One Ranked #17 by Atlanta Business Chronicle: In their annual list of Top 25 Residential Real Estate Companies, we ranked #17!

A New Version of Wire Fraud: Thank you to Affiliated Closing Attorney, Andy Hartman of Hartman-Imbriale, for sharing with us the latest version of Real Estate Wire Fraud.  ALERT: There is apparently a new version of the fraud theft underway. The hackers are getting to your buyers (you = real estate agents) early and just watching; and as soon as you go under contract, they send an email to your buyer that appears to be from you telling them “this is the title company we will be using and its standard practice now to send your part of the closing funds in early – so go ahead and wire your money NOW to the account attached.” Boom. Money gone. Be mindful….and inform your clients. Banks will not “cover” wire fraud – once that money is gone, it is gone!

Steps to Help Avoid Wire Fraud:  Remember to take the following precautions to help avoid wire fraud:

  • Never Use the word “Wire” or “Wire Instructions” in the Subject Line of your email
  • Never be the intermediary when giving Wire Instructions from the Closing Attorney to the Client
  • Inform your client that they should CALL the attorney from a phone number that YOU give them by PHONE (or from the attorney’s website) and NEVER trust a phone number they receive from an email (bad guys use “burner phones”)
  • If they get an email about a “change” in wire instructions they need to call the phone number you gave them to call this verified number & confirm
  • They are not to wire money until they first speak directly to the closing attorneys office on the verified phone number that you have given them
  • Tips from Andy Hartman – Have the closing attorney send the wire instructions to the client by us Mail – NOT electronically & still have the client “Trust but verify”

Agent Liability for Wire Fraud:  Thank you to Andy Hartman again for drafting for us a “Wire Fraud Liability Waiver” that we will require all Buyer Clients & Customers to sign. Thank you Andy!

*********************

4/2/17

IDX Reciprocity Agreements:  If you are adding the MLS database to your own agent website, the GAMLS IDX reciprocity agreements are already signed & available on the Reference Section of Paperless pipeline.  FMLS is very strict with their IDX reciprocity & so you will have to use the GAMLS agreement.
 
No Personal Checks over $5,000:: Remember that Maximum One does not accept personal checks over $5,000 regardless of the type of account from which they are being drawn (checking, savings, money market, etc.)  Buyer must remit certified funds.
 
2017 Maximum One Greater Atlanta Manuals:  The complete 2017 Manuals are available in the Reference Section of Paperless Pipeline & will be linked at the bottom of this weekly newsletter.  In addition to the Orientation, Procedures & Policy manuals, we have added several new ones this year!  Please check them out!
 
Professional Head Shots – May & June:  Please attend your Monthly sales Meetings in May & / or June as we will have a professional photographer taking Head Shots for your marketing materials!  Stay tuned for more information!
 
Desk Rentals Within MX1 Branches:  Please remember to seal up any food & empty your trash each week from your office. We need your help in keeping our offices clean & “bug-free.”   
 
MX1 Greater Atlanta New Billing System – www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system
 
Max Cares: Condolences to Donna Black for the passing of her husband’s Uncle. 
Max Cares: Congratulations to Hooman Tabrizi on getting his Broker’s License!
Max Cares: Congratulations to Fran Bacote on getting her Broker’s License!

********************************

3/27/17

Congratulations to the Maximum One Agent Award-Winners from 2016:  Please congratulate all the Award-Winners of Maximum One Companies!  The Following won Company-Wide Honors (Across All Companies & All Franchises)
 
 
Sales Volume: 
#1 – Larry Casner – $16,451,500
#2 – Christie Webb – $13,360,890
#3 – Keely George – $11,384,190
#4 – Kristin May – $10,857,429
#5 – Wendee Long – $8,444,146
#6 – Dennis Hankins – $8,190,500
#7 – Shawn Delaney – $7,395,199
#8 – Steve Matthews – $7,214,669
#9 – Matthew Share – $6,616,794
#10 – Cindy Corona – $6,386,139
#11 – Howard Brummel – $6,299,625
#12 – Stephanie Shelton – $6,168,577
#13 – Bill Harris – $5,939,597
#14 – Mike Hammock  – $5,925,311
#15 – Kiran Ramireddy – $5,881,771
#16 – Mike Tinney – $5,878,293
#17 – Mike Maldonado – $5,677,831
#18 – Tamarra Davis – $5,318,821
#19 – Karen Moonshower – $5,299,391
#20 – Kathlyn Carswell – $5,226,750
 
Units Sold
#1 – Larry Casner – 94
#2 – Wendee Long – 54
#3 – Mike Tinney – 50
#4 – Keely George – 42
#5 – Shawn Delaney – 41.5
#6 – Kathlyn Carswell – 41
#7 – Mike Maldonado – 40
#8 – Vonda Kudron – 39
#9 – Tamarra Davis – 38
#10 – Kristin May – 37
#11 – steve Matthews – 34
#12 – Bill Harris – 33
#13 – Stephanie Shelton – 31
#14 – Shonna Sherill – 29
#15 – Howard Brummel – 28
#16 – Laura Wilson – 27
#17 – Lamar Young – 26
#18 – Matthew Share – 25
#19 – Karen Moonshower – 24
#20 – Cindy Corona – 23
 
Achievement (GCI)
#1 – Larry Casner
#2 – Christie Webb
#3 – Keely George
#4 – Kristin May
#5 – Shawn Delaney
#6 – Dennis Hankins
#7 – Wendee Long
#8 – Steve Matthews
#9 – Howard Brummel
#10 – Bill Harris
#11 – Stephanie Shelton
#12 – Mike Tinney
#13 – Cindy Corona
#14 -Tamarra Davis
#15 – Matthew Share 
#16 – Lamar Young
#17 – Mike Hammock
#18 – Gary Mesnick
#19 – Jonathan Livnat
#20 – Laura Wilson
#21 – Bob James
#22 – Shonna Sherrill
#23 – Kiran Ramireddy
#24 – Cindy Chang
#25 – Roger Philmon
#26 – Curtesha Liburd
#27 – Jeanne Rodriguez
#28 – Kris Zugloff
#29 – Anya Dupree
#30 – Tim Clark
 
CONGRATULATIONS EVERYONE!!!!
 
GAR Contracts:: If you are not an Authorized User of the GAR contracts, you must get any form you need from the co-op agent.  Your Broker may not give you a Blank copy of a GAR form.
 
Comcast Rewards Program:  Comcast / Xfinity is no longer offering their Agent Reward program.
 
Community Association Disclosure:  If you are LISTING or SELLING a house that you know has an HOA, you need to include in an Offer or Counter-Offer the Community Association Disclosure Exhibits!  We are having many legal issues before, at and after closings regarding disclosures not being made to Buyers regarding an HOA so that the Buyers may examine the covenants and all parts of the Association.
 
April CE Training Calendar Coming Out this Week:  Check it out & Register Early!  This calendar goes out to all 40,000+ GREC Agents!
 
MX1 Greater Atlanta IDX Reciprocity Agreements: If you are adding IDX Reciprocity to your Agent Website so that the public may search the MLS system directly from your own agent website, the broker-signed Agreement is located on the “Reference” tab of Paperless Pipeline.  Make sure you use the properly signed one depending on if you are in MXGA or MXGR.
 
MX1 Greater Atlanta New Billing System – www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system
 
Max Cares: Condolences to Clarissa Zumwalt for the passing of here father-in-law. 

 

********************************

3/20/17

Congratulations to the Maximum One Agent Award-Winners from 2016:  Please congratulate all the Award-Winners of Maximum One Companies!  The Following won Company-Wide Honors (Across All Companies & All Franchises)

2016 Top 20 in Sales Volume

Sales Volume: 

#1 – Larry Casner – $16,451,500

#2 – Christie Webb – $13,360,890

#3 – Keely George – $11,384,190

#4 – Kristin May – $10,857,429

#5 – Wendee Long – $8,444,146

#6 – Dennis Hankins – $8,190,500

#7 – Shawn Delaney – $7,395,199

#8 – Steve Matthews – $7,214,669

#9 – Matthew Share – $6,616,794

#10 – Cindy Corona – $6,386,139

#11 – Howard Brummel – $6,299,625

#12 – Stephanie Shelton – $6,168,577

#13 – Bill Harris – $5,939,597

#14 – Mike Hammock  – $5,925,311

#15 – Kiran Ramireddy – $5,881,771

#16 – Mike Tinney – $5,878,293

#17 – Mike Maldonado – $5,677,831

#18 – Tamarra Davis – $5,318,821

#19 – Karen Moonshower – $5,299,391

#20 – Kathlyn Carswell – $5,226,750

***************

2016 Top 20 in Units Sold

Units Sold

#1 – Larry Casner – 94

#2 – Wendee Long – 54

#3 – Mike Tinney – 50

#4 – Keely George – 42

#5 – Shawn Delaney – 41.5

#6 – Kathlyn Carswell – 41

#7 – Mike Maldonado – 40

#8 – Vonda Kudron – 39

#9 – Tamarra Davis – 38

#10 – Kristin May – 37

#11 – steve Matthews – 34

#12 – Bill Harris – 33

#13 – Stephanie Shelton – 31

#14 – Shonna Sherill – 29

#15 – Howard Brummel – 28

#16 – Laura Wilson – 27

#17 – Lamar Young – 26

#18 – Matthew Share – 25

#19 – Karen Moonshower – 24

#20 – Cindy Corona – 23

********************

2016 Top 30 Achievement

Achievement (GCI)

#1 – Larry Casner

#2 – Christie Webb

#3 – Keely George

#4 – Kristin May

#5 – Shawn Delaney

#6 – Dennis Hankins

#7 – Wendee Long

#8 – Steve Matthews

#9 – Howard Brummel

#10 – Bill Harris

#11 – Stephanie Shelton

#12 – Mike Tinney

#13 – Cindy Corona

#14 -Tamarra Davis

#15 – Matthew Share

#16 – Lamar Young

#17 – Mike Hammock

#18 – Gary Mesnick

#19 – Jonathan Livnat

#20 – Laura Wilson

#21 – Bob James

#22 – Shonna Sherrill

#23 – Kiran Ramireddy

#24 – Cindy Chang

#25 – Roger Philmon

#26 – Curtesha Liburd

#27 – Jeanne Rodriguez

#28 – Kris Zugloff

#29 – Anya Dupree

#30 – Tim Clark

 

CONGRATULATIONS EVERYONE!!!!

 

GAR Contracts:: If you are not an Authorized User of the GAR contracts, you must get any form you need from the co-op agent.  Your Broker may not give you a Blank copy of a GAR form.

Comcast Rewards Program:  Comcast / Xfinity is no longer offering their Agent Reward program.

Community Association Disclosure:  If you are LISTING or SELLING a house that you know has an HOA, you need to include in an Offer or Counter-Offer the Community Association Disclosure Exhibits!  We are having many legal issues before, at and after closings regarding disclosures not being made to Buyers regarding an HOA so that the Buyers may examine the covenants and all parts of the Association.

April CE Training Calendar Coming Out this Week:  Check it out & Register Early!  This calendar goes out to all 40,000+ GREC Agents!

MX1 Greater Atlanta IDX Reciprocity Agreements: If you are adding IDX Reciprocity to your Agent Website so that the public may search the MLS system directly from your own agent website, the broker-signed Agreement is located on the “Reference” tab of Paperless Pipeline.  Make sure you use the properly signed one depending on if you are in MXGA or MXGR.

MX1 Greater Atlanta New Billing System – www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)

  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system

Max Cares: Condolences to Clarissa Zumwalt for the passing of here father-in-law.

***********************************

3/19/17

Date on 2017 GAR Forms:  Please remember that when using GAR contracts, you may only use forms dated 2017. Using GAR forms with an earlier date is a violation of their Licensing Agreement.
 
Date on RE Contract Forms:  The RE Contract forms do not have anything in their licensing or copyright agreement about using forms with any specific date.  Many forms are dated 201, 2013, 2014 & 2015.  You may use the RE Forms with any date.
 
Resources:: Remember to check out www.eAGENTweb.com for links to all the resources you’ll need at Maximum One.
 
FMLS rDocs::  FMLS will shortly switch to rDocs a system that combines Forms Pro & eSign & DocuSave.  You need to learn it now so that you will have access to the Contract Forms…. FormPro is going away shortly!.  FMLS has 1 1/2 hour classes at their locations as well as online tutorials.
 
rDocs does not replace Paperless Pipeline:  AIf you create a Transaction TIle in rDocs & store all your files there, remember that is for your own organizational purposed.  You still need to create a Transation in Paperless Pipeline & upload all your documents there to “turn in” to the Broker.  All contracts need to be uploaded to Paperless Pipeline within 72 hours of public signing to avoid a Late Paperwork fine.
 
MX1 Greater Atlanta IDX Reciprocity Agreements: If you are adding IDX Reciprocity to your Agent Website so that the public may search the MLS system directly from your own agent website, the broker-signed Agreement is located on the “Reference” tab of Paperless Pipeline.  Make sure you use the properly signed one depending on if you are in MXGA or MXGR.
 

www.PrinterBees.com : Another resource for your online printing needs – yard signs, business cards, flyers, postcards, etc. Printer Bees Yard Signs & Decals & Business Cards & Postcards & More

  • Use coupon code: NH15THANKYOU for $15 off any order over $199, or
  • Use coupon code: NH10THANKYOU for $10 off any order $69 and up.
MX1 Greater Atlanta New Billing System – www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system
 
Max Cares: Prayers for Kimanne Parr whose father in undergoing chemotherapy.
Max Cares:  Prayers for Jane Schnoebelen whose son is having knee surgery this week.
Max Cares: Prayers for Lynda Matthews whose husband is in the hospital with a mysterious yet serious illness.
Max Cares: Prayers for Austin James who is recovering from an automobile accident.
Max Cares: Congratulations to Dawn Southern on the marriage of her son, Matt Luttrell!

*******

3/12/17

Daylight Saving’s Time Begins Sunday 3/12/17 at 2am! – “Spring Forward!”

Welcome Agents New to Maximum One in February 2017: Please welcome our new colleagues:
• Beverly Davis – West Cobb
• Jason Lathbury – Woodstock
• Sandra O’Neal – West Cobb
• Erica Pooler – West Cobb
• Marla Mitchell – Douglasville
• Tierrenee Cash – Galleria
• Tavi Wright – Galleria
• Paul Worley – Galleria – Welcome BACK!
• Lisa Utley – West Cobb
• Mannix Pullens – East Cobb
• Beth McGee – West Cobb
• David McGee – West Cobb
• Austin James – East Cobb – Welcome BACK!
• Lynda Williams – McDonough
• Janille Williams – Woodstock
• Giner Psalmonds – Alpharetta
• Goodnews Okwandu – McDonough
• Beth Campbell – West Cobb
• Campbell Haigh – West Cobb
• Mark Freeman – West Cobb
• Daniel Baber – West Cobb
• Renee Allen-Armbriste – Alpharetta
• Rhonda Hardy – Alpharetta
• Kimberly Barteau – West Cobb
• Bob shurette – West Cobb
• Tracy Mathis – McDonough
• Rosalyn McDonald – Douglasville
• Pat Conner – West Cobb – Welcome BACK!
• Ernest Holmes – West Cobb
• Julia Azubuike – McDonough
• Meredith Irons – West Cobb
• Renee Pruitt – Woodstock
• Zachary McKenzie – Douglasville

Information & Forms: Remember the information & forms you need specific to Maximum One are located in the Orientation & Procedures & Policy Manuals, the Extranet & the Reference Section of Paperless Pipeline!

Mortgage Loans During Tax Time: Thank you to Jay Alexander of Homestar Financial Corporation for reminding us that Homestar has a program for salaried / W2 Employees – NO tax returns are required. Also for self-employed borrowers, Homestar has a loan program requiring only 1 year (vs. typical 2 years) of tax returns.

Student Loans & Mortgage Loans: Also thank you to Jay Alexander of Homestar Financial Corporation for informing us of the Homestar Student Saver program where the monthly payment (income-based repayment – IBR) is the figure they use when calculating debt-to-income ration vs. the typical calculation of 1% of the outstanding loan amount.

FMLS rDocs: Make sure you take a class from FMLS NOW on rDocs! rDocs will basically combine Matrix & eSign. Go to http://www.FMLS.com & sign up to take this 1.5 hour class before Mtrix goes away completely!

MX1 Greater Atlanta New Billing System – http://www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017. .The invoice you will receive on 2/13/17 for you Agent Bill will be from http://www.Bill.com . If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com 770-919-8825 ext. 324.)
• Click the link on the received email invoice
• You will be prompted to set up a “Portal”
• You will be prompted to set up a Password – Write it Down – We do not have access to your password
• You may set up your payment for “Recurring Payments” or to “Pay One Bill”
• You may also see all of your Agent Billing Invoices on this System
• You may also communicate with Donna Black through this system

Max Cares: Congratulations to Fran Bacote on getting her Broker’s License!!
Max Cares: Prayers for Jane Schnoebelen whose son-in-law is in the hospital fighting an infection.

*******

3/5/17

Elimination of Many Down Payment Assistance Programs:  Several national wholesale lenders (such as Freedom Financial, Mountain West, and Essex) have recently dropped the National Homebuyers Fund Down payment assistance FHA mortgage, because HUD does not recognize this as a valid PDA program in all 50 states.  To eliminate all risks with this loan, these lenders just dropped the program in every state instead of keeping it going only the states that seem to be OK.  This has caused some local lenders to also drop it because they were signed up with one of these wholesalers for their funding.  Per John Bohannon, Movement Mortgage has not dropped it because we are using Land Home Financial Services as our wholesaler and they are still offering the program to us in GA.  It could be dropped by them too, but for the time being it is a viable loan.   Please contact John for more information.
 
Signing Contracts for Your Clients: This could be considered forgery!  NEVER sign a document on behalf of your client even if you have their permission!  Only a Power of Attorney has authority to sign for another and Maximum One agents may NOT accept Power of Attorney for their clients or customers.
 
VoicePad Now Does Custom Flyers: – You may now create Property Flyers from your FREE VoicePad Dashboard with Custom Branding.  We use the existing listing photos, features, agent headshot and contact information that we have on file so that all you need to do is choose from a few simple layout choices and print them out to hand to your clients.  We even have an option that will allow you to add a reverse side to the flyer. You can read more about this new tool in our VoicePad Answers portal:  http://answers.voicepad.com/automated-property-flyers/
  1.        Log into a VoicePad dashboard and click MARKETING TOOLKIT (this is a banner that shows some social media icons on master and administrator dashboards).
  2.       Click PROPERTY FLYER on the row with one of the listings shown.
  3.    Choose one of the three templates.
  4.    Go through the options and then click REVIEW AND PRINT, then REVIEW PDF FLYER.
  5.     Download the PDF to your computer.

VoicePad Lead-Generation System:  This Lead generation System & Agent Mobile Website is FREE to all Maximum One Agents!!  If you want more business, start using VoicePad!  Click here for more information: All About VoicePad

 
MX1 Greater Atlanta New Billing System – www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system
 
Max Cares: Condolences to Rone Paulding whose grandmother passed away.

***********************

2/26/17

New Maximum One Greater Atlanta Office in East Cobb:  We are now officially Under Contract on the NEW East Cobb Office Building!  This is an 11,000 square foot building including an elevator!  We will be moving there in May 2017.  The lease in the current East Cobb location expires in May and the mortgage payment on the new building is LESS than the increase in rent at the current location.  Additionally, we already have a tenant who will cover half the payment!  This location will be permanent & has a LOT more space!  The new office building is off of Terrell Mill Road between Powers Ferry & Delk Road.
 
MX1 Training Calendar for March: The March Calendar is available online: www.eAGENTweb.com click “Calendar” – Register for CE classes now… they DO fill up!!  Closing Attorney Amee Davis of Davis & Associates is teaching the 2017 GAR Contract Dissection in the West Cobb & Galleria Branches.  Take advantage of this unique opportunity to learn about the contracts from an Attorney’s perspective!
 
FHA National Homebuyers Fund Down Payment Assistance: – Thank you to John Bohannon of Movement Mortgage for reminding us at Sales Meeting that this Down Payment Assistance Program is back!  It allows for 100% financing by a 4.5% down payment grant.  640 FICO and 45 day closings required.  Rate is approximately 4.75%. Check with John for more information!
 
FMLS & GAMLS Listings:  Remember to update your Proposed Closing Date in those services if your closings get delayed.  These MLS services will fine agents for not keeping the status of their listings current.
 

FMLS rDocs:  This system REPLACES Forms Pro & eSign & Docupro into ONE system!  FMLS offers classes (non-CE credit) on a regular basis.  Learn the system now!  

  • Phase I: rDocs is now LIVE. FMLS will continue to run our current FormsPro, eSign and DocuPro simultaneously.
  • Phase II: FormsPro and DocuPro will be placed into “read only” status. rDocs will become the main, live system.
  • Phase III: rDocs is stand alone. FormsPro and DocuPro will be retired.
MX1 Greater Atlanta New Billing System – www.Bill.com : Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system
 
Max Cares: Condolences to Arleen Sealy-Hannibal on the loss of her father this week.  

*******************************

2/19/17

Happy President’s Day! – February 20, 2017 – Banks & Post Office are Closed

New Maximum One Greater Atlanta Office in East Cobb:  We are now officially Under Contract on the NEW East Cobb Office Building!  This is an 11,000 square foot building including an elevator!  We will be moving there in May 2017.  The lease in the current East Cobb location expires in May and the mortgage payment on the new building is LESS than the increase in rent at the current location.  Additionally, we already have a tenant who will cover half the payment!  This location will be permanent & has a LOT more space!  The new office building is off of Terrell Mill Road between Powers Ferry & Delk Road.

Free Pre-Listing Appraisal by DS Murphy – Thank you to John Bohannon of Movement Mortgage for informing us that DS Murphy offers a pre-listing appraisal for a $500 tax-deductible donation to the Lymphoma Foundation.  You can offer to make this donation if the Seller lists at your price or have the Seller make the donation if they choose to list over the appraised price.  In case of a low appraisal value, you can lower the sales price and have the lender pay towards closing costs.  DS Murphy will dispute a low appraisal value if it is different appraisal company who did the appraisal for the contract.

Advertising & Marketing Compliance:  Remember that all marketing & advertising must be done in the name of the Broker.  All internet advertising must also include the Broker’s phone number as registered with GREC.  On your personal website, every page must include the Broker’s name & phone number.  Review this quick guide to GREC Marketing & Advertising Compliance.

Verizon Wireless: MX1 Corporate Discount:  All Maximum One agents receive a corporate discount on their Verizon Wireless – 5% off of Data & 25% off accessories.  Simply go into any Verizon Wireless store & show them your Pocket Card of your Real Estate License or Commission Pay receipt that shows you are a Maximum One agent.  If you have any issues, please contact: Shar or Marcella at Verizon – 770-943-9157.

2/13/17 – New Billing System – Bill.com: Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)

  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system

Max Cares: Congratulations to Faye Ette Williams on the birth of her new grandbaby, Ashton Lewis Bourrage-Williams !

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2/12/17

Happy Birthday Dave Kubat – Founder & CEO of Maximum One! 2/12/17!
 
Welcome Agents New to Maximum One in January:
  • Carla Miller – Galleria
  • Ross Carnegie – Galleria
  • Lendsey Bishop – Emerson
  • Edwin Smith – Galleria
  • Betty Scyphers – Woodstock
  • Rachel Garner – East Cobb
  • Jigisha Shah – East Cobb
  • Shalinda Lee – McDonough
  • Eric Renz – Emerson
  • Sandra Butterworth – West Cobb
  • Christine Jean Kim – Alpharetta
  • Reid Faber – Galleria
  • Karen Moline – Douglasville
  • Oreibis Geralde – West Cobb
  • Karyn Harrison – Galleria
  • Gene Johnson – McDonough
  • Karisma Ware – West Cobb
  • Jennette Jones – Douglasville
  • Greg Moore – Douglasville
  • Penny Ballew – West Cobb
  • LaShawn Harris – Douglasville
  • David Babatope – Douglasville
  • Merle Leroux – East Cobb
  • Tania Marie Ward – East Cobb
  • Ann Rheinhold – East Cobb
  • Stewart Handlin – East Cobb
  • Nicole Robinson-Gaines – Galleria
  • Karen Foster – Paulding
  • Mary Helyn Hagin – Woodstock
  • Everett Jenkins – Alpharetta
  • Dion Leonard – Alpharetta
  • Krista Tobey – Woodstock
  • Abdullah Baom – Galleria
  • Jesse Smedley – Galleria – Welcome BACK!
  • Receda Gray – Douglasville
  • Renee Schmidt – Woodstock
  • Ricky Malsnee – Woodstock
  • Vicky Annan – Galleria
  • Brian Rhode – Paulding
  • Pete Canavan – Paulding
 
Conforming Loan Limits Have Increased: Thank you to Jay Alexander of Homestar Financial Corporation for informing us of these increases.  The loan amount has increased to: $424,100 (vs. $417k) to purchase.  Also there is now a conventional 3% down program.  Please contact Jay for more information (contact information below.)
 
Agent to be Paid as a Corporation vs. as an Individual:  If you have incorporated yourself & are running your real estate business through your company name, please let us know so that we may send you the appropriate documents to complete to get you set up in our systems accordingly.  We will need your company bane, EIN Number, Date of Incorporation & a copy of your Articles of Incorporation, and Direct Deposit information for your corporate Bank Account..  Once you let us know, we will send you the paperwork to complete & then we will get you set up in our Accounting System & in the Paperless Pipeline System so that your DA’s will also be correct.  This process takes a few days.
 
2/13/17 – New Billing System – Bill.com: Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system
1099s Have Been Mailed to You by US Mail:  You will notice that you will receive 2 documents: a 1099 AND a list of Transactions you closed with MX1 Greater Atlanta in 2016. 

You will notice that the 1099 you receive has a faint “watermark” that says “Preview Copy Only Do Not File” … Maximum One has actually filed your 1099 with the IRS, as the company always does, this form is for your personal use to have and share with your tax preparer.

 If you have any issues, please contact Angie Ellis:  Accounting@eAGENTweb.com  770-919-8825 ext. 325. 
 
Max Cares: Prayers for Becky Godbee whose stepdad came out of the hospital & went into hospice.
Max Cares: Condolences to Charlene Montgomery whose 15 year old son passed away unexpectedly. 

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2/5/17

Go FALCONS!  Rise Up & Win Super Bowl LI – 2/5/17!
 
1099s Have Been Mailed to You by US Mail:  You will notice that you will receive 2 documents: a 1099 AND a list of Transactions you closed with MX1 Greater Atlanta in 2016. 

You will notice that the 1099 you receive has a faint “watermark” that says “Preview Copy Only Do Not File” … Maximum One has actually filed your 1099 with the IRS, as the company always does, this form is for your personal use to have and share with your tax preparer.

 If you have any issues, please contact Angie Ellis:  Accounting@eAGENTweb.com  770-919-8825 ext. 325. 
 
New Billing System – Bill.com: Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system
  • You will have to add your Credit Card information into your portal OR you may pay by ACH
  • There will be no processing fee for payment by ACH
  • There is a minimal processing fee for payment by credit card
  • Maximum One no longer has access to your Credit Card information
Power of Attorney: Maximum One does not allow our agents to accept Power of Attorney for your Clients / Customers.
 
You are a Small Business Owner:  Remember that as a real estate agent, you are contract labor & really the Owner & CEO of your own small business!  With that in mind, you are responsible for tracking your own business expenses throughout the year.  Some of these items include:  Board dues, professional subscriptions, desk fees, computer costs, phone & fax fees, marketing & advertising, Continuing Education costs, desk fees, Agent Expenses, Referral Fees, Mileage or Car Expenses, MLS fees, Lockbox & eKey fees, late fines & fees, Listing Service Withdraw Fees, etc.  Check with your own accountant for more information to prepare for paying your taxes.  Start tracking these items NOW for next year’s taxes!  Read this article from Realtor Magazine for more ideas: 9 Tax Deductions Every Real Estate Agent Should Know
 
Max Cares: Prayers for Herb Haynes wife who is home from the hospital after battling a severe infection.
Max Cares: Congratulations to Lauline Babino who had a baby boy, Justin “JT” on Saturday 2/4/17!

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1/29/17

New Billing System – Bill.com: Maximum One has a new billing system beginning with your Agent bill coming out in February 2017.  .The invoice you will receive on 2/13/17  for you Agent Bill will be from www.Bill.com  .  If you have ANY Questions, please contact Donna Black (Manager of MX1 Greater Atlanta Accounting – AgentBilling@eAGENTweb.com  770-919-8825 ext. 324.)
  • Click the link on the received email invoice
  • You will be prompted to set up a “Portal”
  • You will be prompted to set up a Password – Write it Down – We do not have access to your password
  • You may set up your payment for “Recurring Payments” or to “Pay One Bill”
  • You may also see all of your Agent Billing Invoices on this System
  • You may also communicate with Donna Black through this system
Commission Advances: Maximum One does not allow or honor.  If you are a Maximum One agent, you may NOT get a Commission Advance.
 
Closing Date on Contracts:  The Contracts (GAR & RE Forms) read “Closing Date: ________”  So there is one specific definite date that is the agreed-upon between the parties to close. 
  • To change this closing date from the date as agreed-upon by the parties, there needs to be an Amendment or Unilateral Notice to Extend (GAR only.) This is true even if the parties wish to close BEFORE the contracted date.
  • The GAR contracts USED to read “On or before” but they took that phrase out a few years ago. So the parties may add that back in either at time of going Binding or by Amendment.  
  • Per GREC, “THE CLOSING  – Real estate sales contracts refer to a closing date by stating (a) a definite or fixed date, or (b) a date on or before which the closing must occur. In both situations, the contract can allow an extension of time for completion of necessary conditions such as the loan approval. If the contract does not specify a closing date, the courts may allow a “reasonable” amount of time for the closing to occur.”
  • The same is true in the RE Forms but no right to unilaterally extend other than for TRID laws – 3 day disclosure not being met.
2017 GAR Forms: Remember that if you are an authorized user of the GAR Contract forms, you may only use the 2017 GAR Contract forms due to their Copyright Agreement.  If Compliance receives a contract with a 2016 GAR (or earlier date) form, you will receive a note to get that changed to a 2017 GAR form.  If the other agents does not agree, please let them know that it is a GAR copyright violation & we will be reporting the copyright infringement to GAR.  Dawn Southern, Director of Compliance, has spoken with Christina Chow – the head Legal Counsel of GAR & she does have the authority to relinquish any GAR usage rights from an agent or Brokerage due to copyright violations.  
 
At Maximum One we pride ourselves on having THE best Compliance Brokers, being the FIRST to bring 2017 GAR Training to our offices, providing full service Broker Support at Transaction prices, keeping our agents compliant to License Laws and contract issues for the protection of our agents & clients.  With this in mind, remember that the issue of heeding a copyright agreement is in line with the law & with compliance to the associations of whom we are members.
 
Max Cares: Prayers for JT Thorman whose wife is in ICU with stint to ease blockage.
Max Cares: Condolences to Jessica McMaster whose father passed away unexpectedly.

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1/22/17

Tracking Your Production:  Remember that as the owner of your business, you are responsible for tracking your own business.  Tracking your production will not only help you increase your production but will help you track your income & business expenses as well!  Attached are some forms to assist you with your business tracking! We teach a CE Class: Path to Success: Business Planning for the Real estate Professional that covers these forms in depth plus more!
GAMLS Connection Newletter: GAMLS has started publishing a quarterly newsletter full of statistics about the market & many of the GAMLS systems & forms. Check out their first newsletter which was sent to you on 1/13/17 and is a thorough review of 2016.
1099 Forms – Verify Your Email Address: We need your CURRENT Email address in order to send you your 1099 for 2016.  Please check the Current MX1 Roster – on the Reference Section of paperless Pipeline & on the Extranet.  If wee do not have your current email please let us know:  Woodstock@eAGENTweb.com   Thank you!
Earnest Money – No Cash (Even as Gift):  Thank you to Denise Thomas & Steve Fitzgerald of Homestar Financial Corporation (contact info below) for reminding us that Buyers MUST be able to account for every penny they have in a transaction.  They may not use cash / money order for Earnest Money or cash as gift for Earnest Money. These funds may even have to be deducted from the “income” when qualifying for a loan.  Best Practice – certified funds.  For more information, please contact Denise & Steve!
 
Verizon Wireless Discount:  We are in the process of re-establishing the MX1 Corporate Discount with Verizon so stay tuned!
 

FHA MI Changes – Breaking News:  Thank you to Denise Thomas & Steve Fitzgerald & Jay Alexander of Homestar Financial Corporation for informing us of these changes announced on Friday.  HUD has announced to suspend the lowering of FHA Mortgage Insurance indefinitely. Read full article here:  

2017 GAR Forms if you are a Realtor: If you are a Realtor and you are having issues with access to GAR forms, check with your local Board to make sure that you have taken the Ethics Course &they have recorded that requirement with NAR.  
 
Max Cares: Prayers for Mary Gartrell who had a heart catheterization on Wednesday.
Max Cares: Condolences to Karlene Shiver whose Fiance’s Brother-In-Law passed away.
Max Cares: Condolences to Deloris Jenkins who lost both her cousin and Uncle this week.

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1/15/17

Happy Martin Luther King Jr. Day! – 1/16/17

Welcome Agents New to Maximum One: Please welcome these agents new to Maximum One:
• Shaquana Jackson – Douglasville
• Davida Roze – McDonough
• Linda Gallaher – Emerson
• Nicole London – Alpharetta
• Robert Whitworth – Woodstock
• Barbara Whitworth – Woodstock
• Rosalyn Singer – Galleria
• Kim Williams – McDonough
• Kim Ferrera – McDonough
• Jaleceya Arteanna Wright – Douglasville
• Kimanne Parr – Galleria
• Rone Yvette Paulding – Galleria
• Jacob Naviaux – Galleria
• Robin Cash – West Cobb

2017 GAR Forms: Remember that if you are an authorized user of the GAR Contract forms, you may only use the 2017 GAR Contract forms due to their Copyright Agreement. If Compliance receives a contract with a 2016 GAR (or earlier date) form, you will receive a note to get that changed to a 2017 GAR form. If the other agents does not agree, please let them know that it is a GAR copyright violation & we will be reporting the copyright infringement to GAR. Dawn Southern, Director of Compliance, has spoken with Christina Chow – the head Legal Counsel of GAR & she does have the authority to relinquish any GAR usage rights from an agent or Brokerage due to copyright violations.

At Maximum One we pride ourselves on having THE best Compliance Brokers, being the FIRST to bring 2017 GAR Training to our offices, providing full service Broker Support at Transaction prices, keeping our agents compliant to License Laws and contract issues for the protection of our agents & clients. With this in mind, remember that the issue of heeding a copyright agreement is in line with the law & with compliance to the associations of whom we are members.

Forms Needing a Broker Signature: For contract related forms that need a broker Signature, remember to upload them into your transaction in Paperless Pipeline.

1099 Forms – Verify Your Email Address: We need your CURRENT Email address in order to send you your 1099 for 2016. Please check the Current MX1 Roster – on the Reference Section of paperless Pipeline & on the Extranet. If wee do not have your current email please let us know: Woodstock@eAGENTweb.com Thank you!

Transferring Bewteen MXGA & MXGR or Vice Versa: Remember that these are two completely separate entities so if you transfer between companies (i.e. Join a Board or choose to no longer be a member of a Board) you must do the following:
• If You Have ACTIVE Listings:
o Terminate the Listing Agreement with the Company you are Leaving
o Sign a New Listing Agreement with the Company you are Joining
o Complete an FMLS #116 & upload into your transaction in Paperless Pipeline
o Complete the GAMLS Listing Withdraw/Transfer Form & upload into your transaction in PPL
o Re-Enter your listing in both FMLS & GAMLS under your new Broker Code
• If You Have Pending Sales:
o You will no longer be able to manage the Pending Listing in FMLS nor GAMLS
o
• Additional:
o Change your Bidder Company Affiliation in http://www.HUDHomeStore.com if you bid for clients on HUD Homes
o Each Firm has a separate Qualifying Broker, Separate Tax ID Number, Separate Mailing Address, Separate FMLS & GAMLS Broker Code, Separate GREC Firm Numbers
o You may switch companies as often as you wish and after one switch per calendar year, there will be a $50 processing fee each time you switch
Million Dollar Club Honors: If you are a Realtor, your Boards are beginning their data collection for the “Million Dollar Club” & “Top Producer” Awards Programs. Please get the appropriate forms from your Board & complete them. The send to Dana Sparks Dana@MaximumOneRealty.com for verification & signature. Don’t run out of time!

Conventional Loans Update: Thank you to John Bohannon of Movement Mortgage for informing us of a few new loan programs. New 3% down payment on conventional loans with no PMI! Also, Conventional Loans now allow for 100% gift funds for down payment. Contact John (John@MovementMortgage.com) for more information!
Max Cares: Condolences to Crystal Hardy on the passing of her Grandmother in November.
Max Cares: Condolences to Noel Italo on the passing of her Mother-In-Law.
Max Cares: Prayers for healing to Clarissa Zumwalt who had her gallbladder removed
Max Cares: Prayers for Jennifer Fowler who is still recovering from emergency hip surgery.

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11/20/16

Happy Thanksgiving!!! – Maximum One Offices will be CLOSED Thursday & Friday! (No Weekly Newsletter next Sunday.)

Copies of Earnest Money Deposit: If Maximum One is holding the Earnest Money, you have access to a copy of the actual deposit in your transaction in Paperless Pipeline.  Look under the “sale” documents for “EM Deposit” to see a copy of the proof of deposit & a copy of the Earnest Money check.

SCAMS with Wiring Instructions:  Remember that there continues to be tons of scams targeted at Real Estate Agents, Closing Attorneys & Lenders regarding Wire Instructions for Real Estate Transactions. Here are some things you can do & your clients can do to not become a victim:  If a Buyer wires information to the fake account, it is NOT recoverable in most cases!

  •  If you request or receive instructions for wiring funds, call that person to confirm the actual request and the instructions
  • Avoid the term “Wire Instructions” in the Subject Line of your Email
  • Inform your clients of this scam & have them confirm this information as well
  • Have your clients communicate directly with the Closing Attorney regarding these instructions
  • Inform your client that if they get an email indicating these instructions have changed or been updated, have them CALL the attorney from a number YOU or the Attorney gave them NOT from the contact information on the fake email!

Useful Special Stipulations:  There are certain situations that are prevalent in the market today & in the very near future:

  • The imminent rise of Interest Rates: Buyer and Seller acknowledge and agree that interest rates on first mortgage loans may fluctuate between the Binding Agreement Date and the date of closing. Accordingly, Buyer agrees that, notwithstanding any other provision to the contrary contained herein, a loan with an interest rate not more than two percentage points (2%) higher than that interest rate set forth in any finance provision herein, shall be acceptable to Buyer if Buyer has ability to obtain such a loan.
  • Utilities in Winterized Homes:  Notwithstanding any provision to the contrary contained herein, the Due Diligence Period shall commence on the date that the Seller notifies the Buyer that the following utility services serving the Property have been turned on and billing accounts have been established (hereinafter collectively referred to as ‘Utility Activation’): [ ] water, [ ] public sewer, [ ] electric, [ ] gas.   In the event Utility Activation has not occurred within ______ days from the Binding Agreement Date, Buyer shall have the right, upon notice to Seller, to terminate this Agreement.
  • Conformed or “Clean” Copy:  Buyer and Seller acknowledge that the above Agreement is a conformed copy of an Agreement between the parties dated _______________________________________________. In the event of any conflict between this conformed Agreement and the original thereof, all parties agree that the original Agreement shall control.

Training Calendar:  Please register for CE classes the last week of November & December!  The December calendar is posted & will go out to over 30,000 agents next week!

.Maximum One Holiday Parties:  Maximum One always has a Holiday Social for the Branches.  These are organized by the Branch CEO Advisors & Team Captains.  Maximum One provides the Turkey & drinks and everyone else gets to show off their culinary talents by bringing pot luck dishes!  Below is the schedule & list of Team Captains so contact them to let them know what you’re bringing!

Max Cares – Prayers to Donna Black whose Mother is in the hospital with pneumonia.

Max Cares: Condolences to Jennifer Fowler whose Grandmother passed away on 11/15/16

Max Cares: – Prayers to Monica Storey whose Mom is entering a nursing home for rehab from being released from hospital.

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11/13/16

Welcome Agents New to Maximum One: Please welcome the following agents who have recently joined Maximum One!

  • Simone Barrett – East Cobb
  • Mark Clemmons – East Cobb
  • Mark Johnson – West Cobb
  • Luis Vasallo – Alpharetta
  • Aubrey Kirchner – Woodstock
  • Tami Johnson – West Cobb
  • Sharon Ritter – Woodstock – Welcome BACK!
  • JT Thorn – East Cobb
  • Mary Catherine Houston – Woodstock
  • Ursula Penn – Alpharetta
  • Christopher Bakhtiary – East Cobb
  • Shiva Vure – Alpharetta – Welcome BACK!
  • Wayne Buchanan – McDonough
  • Melissa Gunther – McDonoough
  • Deborah Holland – Paulding
  • Clyde Cornelius – East Cobb
  • Jay Little – West Cobb
  • Lorru Dumke – Douglasville
  • Kimberly Madden – Galleria
  • Twanda Garvin – McDonough
  • Felicia Johnson – Galleria
  • Lee Ashcroft – Woodstock
  • Tamika Pratt – West Cobb

Making an Offer on a House with a Tenant:  Remember that the Buyer must honor the terms of the lease! Remember to make the lease a part of the contract and address the transfer of security deposit from the Seller to the new Buyer & then Amend the lease with the tenant!

Accepting an Amendment to Address Concerns After the Due Diligence / Buyer’s Right to Terminate Period has Expired:  The Buyer & Seller may amend the contract at any time and amend any terms INCLUDING repair-type items.  If a Buyer initiates an Amendment to Address Concerns prior to the end of the Due Diligence period & does not hear back from the Seller, the Buyer has the option of terminating the contract or accepting the property without those items being addressed; if the Buyer stays with the contract and then the Seller agrees to address to items, then those repair issues are binding on the parties just like any amendment to the contract is!

Maximum One Holiday Parties:  Maximum One always has a Holiday Social for the Branches.  These are organized by the Branch CEO Advisors & Team Captains.  Maximum One provides the Turkey & drinks and everyone else gets to show off their culinary talents by bringing pot luck dishes!  Below is the schedule & list of Team Captains so contact them to let them know what you’re bringing!

Max Cares – Prayers to Ron Bocinsky whose Mother is battling issues with blood on her brain.

Max Cares: Condolences to the family of Lakeisha Clark who passed away on 11/7/16 after being in an automobile accident.

Max Cares: Congratulations to Ron Bocinsky for getting his Broker’s License!

Max Cares: Condolences to the family of Phil Turner who passed away from complications from pneumonia.

 

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11/6/16

Standard Time: Daylight Savings time ended this morning at 2am – Hope you set your clock back 1 hour!

Veteran’s Day – November 11th – Thank you to ALL Veterans & thank you to our MANY Maximum One agents who are also Veterans!!

Listing in FMLS & GAMLS: A Material Remember that by virtue of our membership with both FMLS & GAMLS and according to their rules… all listings that are entered in FMLS must also be entered in GAMLS.  GAMLS regularly combs through FMLS to ensure that agents are complying with the rules & GAMLS will notify you & then fine you if the issue is not addressed.

How Much Do I ask for in Closing Costs:  Thank you to Jay Alexander of Homestar Financial Corporation for this convenient & easy-to-remember rule of thumb.  When writing an offer and negotiating a counter offer, calculate: 2% of Sales Price + $2500.  For a Sale Price in the range of $100,000 -$300,000 this will be a close estimate for the Buyer’s Closing Costs & Pre-paids.

Tom Ferry LIVE Event: 8X Your Business – 11/9/16:  This LIVE Tom Ferry Event will be held on November 9th at the Cobb Energy Center. Most agents make under $50,000 in real estate and we believe you deserve more.  At 8X Your Business you’ll learn the top 4 lead generators that are making the biggest difference in the industry, including the best marketing pieces and techniques, the 4 team models that are dominating the industry, and the simple steps to master and optimize your time so you can focus on what really matters most. 8X Your Business is the ultimate full-day event for anyone interested in growing his or her business by design.  For More Information & To Register Click Here.

Joining a Board of Realtors or not Renewing Your Board Membership: Remember that you have options at Maximum One to join a Board of Realtors or not.  If your decision regarding the Board changes, you must let us know so that we may send you the appropriate Independent Contractor Agreement & GREC change form so that you are in the correct company in GREC, FMLS & GAMLS.

MXGR Boards of Realtors: Maximum One belongs to several Boards of Realtors and if you choose to join a Board, it must be one of the Associations we belong to:

  • 400 North Board of Realtors
  • Atlanta Board of Realtors
  • Atlanta Commercial Board of Realtors
  • Bartow Area Board of Realtors
  • Cherokee Association of Realtors
  • Cobb Association of Realtors
  • DeKalb Realtors
  • Greater Augusta Board of Realtors
  • Hall County Board of Realtors
  • NAMAR
  • Paulding Boatd of Realtors
  • West Georgia Board of Realtors
  • West Metro Board of Realtors

MX1 & Property Management: Property Management is NOT a service Maximum One agents may provide for the public.

Maximum One Holiday Parties:  Maximum One always has a Holiday Social for the Branches.  These are organized by the Branch CEO Advisors & Team Captains.  Maximum One provides the Turkey & drinks and everyone else gets to show off their culinary talents by bringing pot luck dishes!  Below is the schedule & list of Team Captains so contact them to let them know what you’re bringing!

Max Cares – Continued Prayers to Teressa McIntosh whose brother came out of ICU this week

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10/30/16

Material Relationship vs. Arms Length Transaction: A Material Relationship refers to the relationship between the Affiliated Licensee and the public customer / client; an Arm’s Length Transaction refers to the relationship between the parties: Buyer & Seller / Landlord & Tenant.  Remember that a Past Client relationship is a Material Relationship.

FHA & Arm’s Length Transactions:  If you have a Buyer who need to lease a property from a Seller prior to buying and that Buyer is getting an FHA insured loan, FHA requires 6 months from the time the Buyer moves in to the property before they will insure a loan in order to not qualify as an “Arm’s Length Transaction.”

FMLS: Agent 1 Page Complete Report: FMLS has a brand new, one-page report titled Agent One Page Complete is now live in Matrix! The best thing about this report is that it’s dynamic, meaning that sold information will appear if the property has been sold. You will still have access to all the other reports such as Agent One Page Sold and Agent One Page (No Sold Info).  The Agent One Page Complete combines the best parts of Agent One Page Sold and Agent One Page As you will see, the Agent One Page Complete report also separates school information into its own section for ease of use. This dynamic report is now live! Check it out today!  This new report is available in the pick list when viewing on-screen and printing in Matrix.

Your Own .Realtor Web Address: If you are a Realtor, you may get your own web address ending in .Realtor through NAR. With .com or .net, prospects may remember your name, but you want to make sure they keep your profession and YOU top-of-mind, so they know to contact you for real estate services.  .REALTOR web and email addresses are exclusive to REALTORS® and offer cost effective website and email solutions. Here’s how to get started: 1. Pick your Web Addresses, 2. Choose a Site, 3. Get your email addresses.  Click this link for more information from NAR Information on Your Own Website.

FMLS: Uploading Documents to E-Sign: One of the most common questions that we are asked at the Help Desk relates to how to upload your own document to FormsPro or eSign.  To clarify, you cannot add your own documents into FormsPro, but you can upload them directly into an eSign session to obtain signatures. The steps below will demonstrate how to upload a document directly into eSign.

1) Log in to www.fmls.com then click on the FormsPro tab.

2) When FormsPro opens you may have a Quick Start pop-up window; if you do, click the eSign History button. If your do not have the Quick Start pop-up, then hover over Quick Start in the upper right corner and click eSign History.

3) eSign will open in a new window or tab. At the top of the eSign window, click the New Signing Session button.

4) You will be taken to step 1 of eSign to configure your session; enter a Transaction Name and a Session Title. Select any other applicable options, such as “Include me as a signer” and select your signer sequencing. Click NEXT.

5) Add your session signers in step 2 by clicking either Add Signer or Address Book. Your Address Book will contain the name and email addresses of each client you have sent a session to.

6) Once you have all signers added with a name and email address, click Next.

7) Step 3 is where we will add our documents to the session. Click on the ADD FILES button. If the documents are saved to any location on your computer, choose Local Disc.

Important Note: After clicking Add Files you will have a choice of where you are adding your files from. You can select a cloud service such as Dropbox, OneDrive, or Box. Please disregard the notice advising “NOTE: Please disable pop-up blocking in order to import files from the cloud.” If you are uploading from your computer’s files. These options ONLY apply if you are using a cloud service.

8) Select your file by browsing to the file location on your computer, click the file, and then click Open. You will see an on-screen progress bar while your document uploads, then it will appear in the list of session documents.

9) Add any other documents using the same method of “Add Files” and click Next to proceed.

10) Step 4 will require you to add your own signing locations for all parties signing the document. You will need to manually apply the locations. Select a signer from the drop down, then click the desired field (i.e.: signature, initials, date/time, etc.) and hold that click, drag it down and release your click once you have reached the desired area. It is a ‘drag and drop’ method.

11) Once you have added all your signing locations, click Next. Step 5 will preview your session before you send it so please check carefully to ensure you have applied all the needed signing locations. If you need to add more or make changes, use the Previous button.

12) Use Step 5 to preview your session before proceeding; click Previous to make any changes to your session configuration.

13) To send the session, click Next and proceed to Step 6. You can enter a message into the Email field, if desired. Then click Finish when you are ready to send the session to your signers.

And you’re done! Once you click Finish your session has been sent and is ready to be signed! All signers and the initiating agent will receive an email confirmation with a download link for documents once the session is completed.  You can also find additional training information for FMLS eSign in our Knowledge Base as well as our FMLS Training on Demand channel

Max Cares: Condolences to Shanna Jones on the unexpected passing of her Uncle.

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10/23/16

Vendors at Maximum One: Thank you to all of the Vendors on the Maximum One Preferred Vendor List.  This list is located on each of our Websites, in the Reference Section of Paperless Pipeline & on the Extranet.  Please know that these vendors are on our list due to a recommendation or referral from one of our agents.  These Vendors who are in our program have permission to email you about their services but of course you may always opt-out of their emails as they should have an opt-out option.  Please know that neither Dave nor I have personally used any of their services as we do not actively sell anymore so please do not mis-understand one of these vendors if they say that Dave or Dana has recommended them… we have by them being on our list but have not personally used their services.  Click here for the most current MX1 Greater Atlanta Preferred Vendor List.

Teams at Maximum One:  Many of you ask about creating a “Team” at Maximum One and how the compensation & plans work.  Based on our fee structure, there is no separate “Team Plan” at Maximum One.  Each agent has their choice of plan and as long as the agents (Team Leader & Team Members) are in the same company (i.e. MXGA or MXGR) then the fees get split proportionately.  Many “Team Leaders” switch from Plan A to Plan B to make it the most financially profitable for them.  Please see the attached documents for a through explanation:

Commission Share Agreement:  Remember that if you and another Maximum One agent are sharing the commission in any way, we need this agreement in writing.  You may use the Broker-to-Broker Referral Agreement in either GAR or RE Forms OR you may use this Maximum One Commission Share Agreement form.  Please upload this signed Agreement in the transaction in which you & the other agent are sharing the commission.  This form is also available in the Reference Section of Paperless Pipeline & on the Extranet. Thank you to Morgan McDonald for providing the basis for this form!

4th Quarter is a Goldmine: Many of your colleagues STOP working around this time of year!!  Therefore it is a GREAT time of year for your business!

  • Many of your colleagues stop working so you have less competition
  • Many people do business this time of year to get situated in a new school district for next year
  • There are fewer Buyers & Sellers in the market but the ones who are in the market are more highly motivated!
  • Many people must buy or sell real estate by the end of the calendar year for tax purposes
  • Many may even need to take a loss by he end of the calendar year for tax purposes
  • New Construction typically has great incentives for your clients & for agents to get rid of inventory by the end of the calendar year for tax purposes

Co-Compliance Broker: We are pleased to announce an additional Compliance Broker, Kim Murray.  Kim will assist Dawn Southern with keeping Maximum One agents in compliance with GREC and Maximum One policies.   Dawn is the Compliance Department Manager and if you have any questions about any compliance issues, please contact Dawn & Kim:

MX1 Roster Emails: As a reminder, when you signed on with Maximum One, you agreed to not share the Roster & email addresses with anyone for personal or business reasons. Do not share our Email Roster with anyone.

Max Cares: Congratulations to April Shooks who is expecting a Baby!!
Max Cares: Prayers to Clarissa Zumwalt whose Father-in-Law is in the hospital

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10/16/16

Branch Team Captains: Thank you to all of our Team Captains for volunteering for the position of Branch Team Captain!  The Team Captains facilitate the Sales Meetings so please let your Team Captain know what type of educational / informational / strategic / inspirational programs & presentations you would like to see at your Sales Meetings! Please see the Roster for their contact information

  • West Cobb Captains: Brenda Perry, Becky Godbee & Jeanne Rodriguez
  • Paulding Captain: Herb Haynes
  • Galleria Captains: Lisa Osborne & Lettie Hill
  • Douglasville Captains: Taqqeea Waters & Tiffany Williams
  • Woodstock Captain: Kristin May
  • East Cobb Captain: Currently open

MX1 Roster:  The current Maximum One Roster may be found on the Extranet and in the Reference Section of Paperless Pipeline.  There is a TON of information on the Roster. Make note of the tabs at the bottom… the roster is broken down into “All Agents” then each Branch, each Franchise, Staff, Commercial Agents, Other Specialties (i.e. appraisers, etc.)

Withdrawing or Transferring Listings:  Remember that if you are WITHDRAWING or TRANFERRING a listing in the Listing Services, we need the Following:

  • Termination of Listing Agreement (You must Amend the Listing Agreement to terminate it)
  • Completed FMLS #116
  • Completed GAMLS Listing Withdrawal or Transfer Form

Upload these documents into your Transaction in Paperless Pipeline.  We need the Terminated Listing Agreement before we send in the WD forms to the MLS Services.

Dropping Off Closing Checks & Earnest Money Check & Agent Fees: All checks need to go in the locked boxes in the Agent Workroom. Complete the appropriate envelope & place in the locked box.  Do NOT simply hand a check to the Branch Manager or put on the front desk – these checks may not ever get deposited as they are not secured.  The MX1 Policy is that checks turned in prior to 12 noon are paid out after 2pm the following banking day.

Supra: How to Get an Update Code: There are several ways to get an Update Code on your Supra Keys.  Please see the attached: Supra – How to Get an Update Code.

HOA Letters for Closings: Thank you to Amee Davis of Davis & Associates for this helpful Special Stipulation:  “If transaction does not close by originally scheduled closing date due to no fault of the Seller, Buyer to pay for any required updates to the HOA Letter.”

Max Cares: Prayers for fast & pain-free healing to Donna Black’s sister Tracee who just had surgery to repair a collapsed lung.
Max Cares: Prayers for healing to Teressa McIntosh’s brother who is on a Ventilator.
Max Cares: Prayers for Terry Bergland who is having both knees replaced next week.

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10/9/16

Columbus Day – Monday 10/10/16  – Banks will be CLOSED!

Welcome Agents New to Maximum One: Please welcome the agents new to Maximum One!

  • Barbara Shaw – Paulding
  • Vonda Cole – Paulding
  • Denise Bynum – McDonough
  • Tomasina Magbie – McDonough
  • Michael Garrett – Emerson
  • Marquits Harris – East Cobb
  • Shenita Woodard – Galleria
  • Jerald Luster – Alpharetta
  • Myrna Valles – McDonough
  • Malik Watson – Galleria
  • Tatia Olds – McDonough
  • Robin Pringle – Douglasville
  • Adrienne Williams – Douglasville
  • Judy Jackson – Galleria
  • Nicole Quezada – East Cobb
  • Niesha Veasley – Douglasville
  • Rosie Adams – Galleria
  • Mercedes Lacy – East Cobb
  • Meco Wilson – McDonough
  • Deborah Fraser – Galleria
  • Ann McKenzie – Woodstock
  • Patricia Fagiola – East CObb
  • Candace Brown – McDonough
  • Carolyn Brown – McDonough
  • Teresa Redd – West Cobb

Last Chance!! Habitat for Humanity – October 15th is MX1 Day: Leslie Voigt & Hooman Tabrizi are members of the Atlanta Board of Realtors Habitat for Humanity Committee. A seven week project for a well deserving family is kicking off in October. We are representing Maximum One and our slot is October 15th, and we are looking for 12 more volunteers to join us and be a part of this very special and rewarding event. ANYONE may register as long as they are 16 or older (kids, neighbors, friends, etc.)  John Bohannon of Movement Mortgage is sponsoring lunch for us!

In here you will see the different phases step by the step, and what will occur every week. Again, please register for October 15th, which is our day, although it isn’t yet reflected on the site.  Lunch will be provided and there will be plenty of opportunity for photos. It will be a fun-filled rewarding day, so I encourage you to participate. Looking forward to seeing many of you there. If you have any questions please reach out to Hooman or Leslie.  hooman.tabrizi@maximumone.pro   or   leslie.voigt@maximumone.pro

HUD Homes – New Repair Escrow Amount:  Attached is the direction we received on the new repair escrow requirement for UI rating on REO appraisals from the Atlanta HOC. Appendix A was adopted to address the marketing categorization, “Insurable with conditions”, introduced in Mortgagee Letter 2000-27; it set UI parameters at $5,000.  Since repair expenses have continually risen with inflation, the limit is now raised to $10,000 for a property to be considered UI.  Keep the attached letter regarding New HUD Repair Escrow Amount handy for appraisers who may be unaware of this change.

Earnest Money Over $5,000:  Remember that MX1 will ONLY accept Certified Funds for Earnest Money over $5,000

Professional Email Signatrue: Please remember that Real Estate is a relationship business… that mean conversations & communication!  Please make sure to include you contact phone number (& email address) on your email signatures so that clients, customers, Brokers, co-op agents, lenders, closing attorneys, referrals, etc. will be able to reach you!  Then please answer your phone when it rings!  😉

Property Tax Bills are OUT: Property tax bills are out for most of the Atlanta Metro counties. Thank you to Closing Attorney Amee Davis of Davis & Associates for reminding us of this!  This means that at Closing, the Closing Attorney MUST collect the FULL year’s amount of property taxes from the Seller unless the county has already recorded payment in full!  Many Sellers will have already paid the bill (manually or through their Escrow account) but if the county has not yet recorded the payment, the Closing Attorney MUST collect!  Eventually they will get a refund from the county of the prorated amount they overpaid… that is for them to manage with their county.

USDA Reduced Fees: Thank you to Jay Alexander of Homestar Financial Corporation of informing us of the reduced USDA fees.  The Upfront Fee was reduced from 2% to 1% and the Monthly fee reduced from .5 Basis points to .35 Basis Points!  This is great news for Buyers & creates more opportunity for you!

Max Cares: Condolences to the family of Sharon Barnette who passed away unexpectedly from complication of pneumonia.  Sharon was very influential in Maximum One and was the Coordinator of the MX1 Relocation Department.
Max Cares:  Condolences to Jeanne O’Brien on the passing of her Father-in-Law.

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10/2/16

L’Shana Tova! – Rosh Hashana starts at Sundown tonight!

Habitat for Humanity – October 15th is MX1 Day: Leslie Voigt & Hooman Tabrizi are members of the Atlanta Board of Realtors Habitat for Humanity Committee. A seven week project for a well deserving family is kicking off in October. We are representing Maximum One and our slot is October 15th, and we are looking for 12 more volunteers to join us and be a part of this very special and rewarding event. ANYONE may register as long as they are 16 or older (kids, neighbors, friends, etc.)  John Bohannon of Movement Mortgage is sponsoring lunch for us!

In here you will see the different phases step by the step, and what will occur every week. Again, please register for October 15th, which is our day, although it isn’t yet reflected on the site.  Lunch will be provided and there will be plenty of opportunity for photos. It will be a fun-filled rewarding day, so I encourage you to participate. Looking forward to seeing many of you there. If you have any questions please reach out to Hooman or Leslie.  hooman.tabrizi@maximumone.pro   or   leslie.voigt@maximumone.pro

Facebook Posts:  Remember that Facebook has a huge audience – including friends of customers on contracts that fall through.  Don’t embarrass those clients by stating “house back on the market bc the deal fell through due to Buyer financial issues”…. that may be true, but the Buyer has friends that know the address of the house under contract.

MX1 Checks: Please do NOT leave check under the Branch Manager’s keyboard.  All Checks need to go in the locked box in each Agent Workroom.

Client’s Personal Information: Please do not instruct clients & customers to leave any personal documents / forms / etc. with a CEO Advisor of each Branch.  The staff will not be responsible for the safeguarding of this information.  Some clients are attempting to drop off their Tax returns, Bank Statements, etc. at the Branch.  This information contains Identity information that we will not be responsible for.  You need to meet with your clients in person or have them deliver this information to you electronically.  I’m not sure why YOU are even handling this information rather than a Lender.  MX1 Staff will not accept your client / customer leaving their personal documents at the Branch for you.

Access to Contract Forms: The contract forms you need (GAR or RE Forms) are available to you through FMLS & GAMLS. You will only have access to the GAR COntract Forms if you are an Authorized User with GAR (From your NRDS Number through NAR or your FPID from your purchase of the access throug GAR.)

Movement Foundation:: Thank you to John Bohannon of Movement Mortgage for reminding us of the Movement Foundation! Movement Foundation will give away $10 – $15 Million this year to local Charities and Ministries! They are also giving away $10,000 every month to local charities that are nominated by Loan Officers & Real Estate Agents. Contact John with your nomination John.Bohannon@Movement.com

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9/25/16

Habitat for Humanity – October 15th is MX1 Day: Leslie Voigt & Hooman Tabrizi are members of the Atlanta Board of Realtors Habitat for Humanity Committee. A seven week project for a well deserving family is kicking off in October. We are representing Maximum One and our slot is October 15th, and we are looking for 12 more volunteers to join us and be a part of this very special and rewarding event. ANYONE may register as long as they are 16 or older (kids, neighbors, friends, etc.)  John Bohannon of Movement Mortgage is sponsoring lunch for us!

In here you will see the different phases step by the step, and what will occur every week. Again, please register for October 15th, which is our day, although it isn’t yet reflected on the site.  Lunch will be provided and there will be plenty of opportunity for photos. It will be a fun-filled rewarding day, so I encourage you to participate. Looking forward to seeing many of you there. If you have any questions please reach out to Hooman or Leslie.  hooman.tabrizi@maximumone.pro   or   leslie.voigt@maximumone.pro

Honoring Client Contract Requests:  When your client asks you anything regarding a point of negotiation on the contract, have a discussion with them regarding the options and the market, but then make the request of the other party.  For example, if you have a Buyer who is potentially having issues with the lender and asks you about extending the Financing Contingency period, even if the Listing Agent told you they had back-up offers, go ahead and initiate an Amendment requesting an extension of the time frame. In this situation, if the Seller says no, then the Buyer may make an informed decision regarding their options with respect to proceeding or terminating.  Make sure that you represent your client in all ways by honoring their requests contractually!…. Circumstances change and a Seller may gladly grant an extension of a contingency time frame (& all those back-up Buyer may have disappeared!)   Please welcome agents new to Maximum One!

If You Need Help: Please remember the myriad places available for you to get any type of assistance you need!  Just a few include:

  • The Section at the bottom of this email “Additional Helpful Information”
  • The 2016 Maximum One Manuals (linked at bottom of this email / Extranet / Reference Section of Paperless Pipeline)
  • The MX1 Orientation Video
  • The Extranet
  • The Reference Section of Paperless Pipeline
  • Weekly “How-To” Classes at your Branch when you RSVP in Advance with your CEO Advisor (Branch Manager)
  • MX1 Roster – see the tabs at the bottom
  • www.eAGENTweb.com
    • “Who’s Who at Maximum One”
    • “COMM 100 – Live Chat”
    • “Live & Recorded Webinars”
    • “Blog”


October CE Classes
: The October Training Calendar has been published & emailed to over 40,000 agents.  Please look at calendar & register now – classes do fill up! There are links at the top of the calendar for Classroom training in McDonough & Aloharetta & links for online classes too!

Maximum One Franchise – May 2017: Hi gang!  As we approach our 10 year anniversary next year, we wanted to make you aware of a small change that will take effect.  In May 2017, our franchise royalty kicks in.  All Maximum One companies are a franchise of M.O.R.E. Corporation.  There are currently 4 franchises (Greater Atlanta, Executives, Partners & Community) and Greater Atlanta’s Franchise royalties will kick in May of 2017 (10 years after opening.)  The change for the agents is there will be a $10 Royalty on every closing and there is no cap on these.  These royalties go to M.O.R.E. Corp., which is the parent company and will be used for the betterment of the entire Maximum One network.  The first project I will like to see is a kick-BUTT platform for enhanced agent effectiveness, customized to exactly what our needs are.  I am open to input but my vision for the platform is PPL on steroids, a better extranet, marketing pieces, CRM and a dynamic communication system.  Everything will be under one platform and will be designed by us for us that’s easy and effective for you!  When we get closer, I would love to have a committee help me develop with the professionals.  After we do this project, we will most likely implement national training programs designed and implemented for seasoned agents and new agents.

I just wanted to give you plenty of notice as I know that no one like surprises.  This small  fee will really add up in volume and collectively we will be able to do so much more for our agents.  We have not raised fees on anything since we opened with the exception of a GAMLS $3 pass through several years ago so I hope everyone sees the value in being part of a franchise system that some day will be nation-wide with thousands of transactions contributing to the common good.  As the founder, one may think that the money will go to my family.  Well…I am sure eventually some will trickle down but the main focus for the Royalty will be systems and training.  After all…we are AGENT-centric!  Please email me if you have any comments, questions or concerns.  I am so excited that within a couple years we will be having some even MORE amazing tools for you.  Blessings!!

Dave Kubat, Founding Partner
Maximum One ™ Greater Atlanta REALTORS ®
www.KeepMoreCommission.com
10 Convenient Locations To Serve You
770.778.1547 Cell/Text

Max Cares: Congratulations to Mac McLemore whose son, Rhett was married on Friday!
Max Cares: Prayers for fast & pain-free healing to Donna Carlock who had hip replacement surgery.
Max Cares: Best Wishes to Robin Wilhite who will marry Jim Slay on October 15th!
Max Cares:  Congratulations to Lauline Babino who is expecting a daughter!

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9/18/16

Welcome Agents New to Maximum One:  Please welcome agents new to Maximum One!

  • David Sykes – Alpharetta
  • Dmitriy Gorin – Galleria
  • Stacy Shafritz – Alpharetta
  • Royal Bruckno – Woodstock
  • Ivonne McDonald – Woodstock
  • Morgan McDonald – Woodstock
  • Stacy Pannell – West Cobb
  • Sarah Coleman – East Cobb
  • KieKie Roy – Douglasville
  • Becky Powell – West Cobb
  • Darnell Howell – McDonough
  • Kayla Blan – Paulding
  • Jeffrey Hutcheson – Douglasville
  • John Bradford – Alpharetta
  • Briana Boyd – Douglasville
  • Elizabeth Fain – Paulding
  • Guy Bibbs – Galleria
  • Baquia Gray Fletcher – Galleria – Welcome BACK!
  • Sherrie Mapp-Clark – McDonough
  • Carl Tate – Alpharetta
  • William Quarte – Paulding
  • Hortensia Morgan – West Cobb
  • Kelly Goins – Galleria
  • Bobbie Cowart – Woodstock

Agent Earnings Year to Date: You may check your YTD Earnings by looking at your last transaction in Paperless Pipeline.  There is a “Commission Statement” in the “SaleDocs” section of your transaction.  Your Year-to-Date earnings are printed on every Commission Statement.

Habitat for Humanity – October 15th is MX1 Day: Leslie Voigt & Hooman Tabrizi are members of the Atlanta Board of Realtors Habitat for Humanity Committee. A seven week project for a well deserving family is kicking off in October. We are representing Maximum One and our slot is October 15th, and we are looking for 35 volunteers to join us and be a part of this very special and rewarding event.

Here is the link where you can read more and learn about this year’s event and about the family.  http://www.atlantarealtors.com/Events/habitat.aspx 

On the top right there is a link for “Click to Register”. In case you can’t find it, here is the direct link:  http://ara.atlantahabitat.volunteerhub.com/events/index 

In here you will see the different phases step by the step, and what will occur every week. Again, please register for October 15th, which is our day, although it isn’t yet reflected on the site.

Lunch will be provided and there will be plenty of opportunity for photos. It will be a fun-filled rewarding day, so I encourage you to participate. Looking forward to seeing many of you there. If you have any questions please reach out to Hooman or Leslie.  hooman.tabrizi@maximumone.pro   or   leslie.voigt@maximumone.pro

CFPB Proposed Rule Changes: Thank you to East Cobb Affiliated Closing Attorney, Doug Dean of Shafritz & Dean for informing us of the CFPB Proposed Rule Changes.  These changes concern the Tolerances for the Total Payment, Housing Assistance Lending, Cooperatives & Privacy & Sharing of Information.  They are taking comments until 10/16/16 before they amend the existing CFPB Rules. For more specific information on the proposals, read the entire article here.

Lending for Condos:  Thank you to East Cobb Affiliated Lender, Bart Patterson of Summit Financial Advisers, for reminding us that if you are working with a Buyer on the purchase of a Condo, you need to add extra time (5 – 7 days) in your Financing Contingency to allow for the Lender to request & review the Condo Questionnaire.A full lender review covers the budget, by-laws, insurance documents, covenants,assessments, ownership percentages, etc..  Bart suggests at least 7 additional days if a full review is required.

4 Colors That Turn Off Buyers: Could the wrong shade of paint dampen interest in a home? As a real estate pro, you can point sellers in the right direction when they’re considering color updates.  Click to read the Full Article from the National Association of Realtors.

Pre-Listing Appraisal: Thank you to John Bohannon of Movement Mortgage for informing us that DS Murphy will provide a Pre-Listing Appraisal for a tax-deductible donation of $500 to the Lymphoma Foundation.  With Movement Mortgage, in the case of a low appraisal value, you can lower the Sale Price and have the lender pay towards the closing costs.

Maximum One Franchise – May 2017: Hi gang!  As we approach our 10 year anniversary next year, we wanted to make you aware of a small change that will take effect.  In May 2017, our franchise kicks in.  We already have 3 franchises but Greater Atlanta’s will kick in May.  The change for the agents is there will be a $10 Royalty on every closing and there is no cap on these.  These royalties go to M.O.R.E. Corp, which is the parent company and will be used for the betterment of the entire Maximum One network.  The first project I will like to see is a kick-BUTT platform for enhanced agent effectiveness, customized to exactly what our needs are.  I am open to input but my vision for the platform is PPL on steroids, a better extranet, marketing pieces, CRM and a dynamic communication system.  Everything will be under one platform and will be designed by us for us that’s easy and effective for you!  When we get closer, I would love to have a committee help me develop with the professionals.  After we do this project, we will most likely implement national training programs designed and implemented for seasoned agents and new agents.

I just wanted to give you plenty of notice as I know that no one like surprises.  This small  fee will really add up in volume and collectively we will be able to do so much more for our agents.  We have not raised fees on anything since we opened with the exception of a GAMLS $3 pass through several years ago so I hope everyone sees the value in being part of a franchise system that some day will be nation-wide with thousands of transactions contributing to the common good.  As the founder, one may think that the money will go to my family.  Well…I am sure eventually some will trickle down but the main focus for the Royalty will be systems and training.  After all…we are AGENT-centric!  Please email me if you have any comments, questions or concerns.  I am so excited that within a couple years we will be having some even MORE amazing tools for you.  Blessings!!

Dave Kubat, Founding Partner
Maximum One ™ Greater Atlanta REALTORS ®
www.KeepMoreCommission.com
10 Convenient Locations To Serve You
770.778.1547 Cell/Text


Max Cares
: Congratulations to Jayne Pearson on the birth of her grandson Ryker Oliver Rivera
Max Cares: Prayers for fast & pain-free healing to Ted Kubat who had knee replacement surgery.
Max Cares: Prayers for fast & pain-free healing to Linda Martin  who also had knee replacement surgery.

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9/11/16

Tom Ferry’s Notes from the Success Summit:  Thank you ALL who participated in the Tom Ferry Success Summit we enjoyed last month!  Tom’s Notes from the event can be found on the Extranet under the Folder, “Tom Ferry Coaching.”

Referral Business: Remember when you send a Referral (across town or across states) you need to create a “Referral” Transaction in Paperless Pipeline & upload the signed Broker-to-Broker Referral and the signed Referral Consent Form.  That way when your check comes in, we can check Pipeline and know which transaction the money goes with!

TWO Forms need to be Signed When Sending Referrals: Per License Law (OCGA 43-40-25b(36)) the person being referred needs to give consent to that referral.

  • Broker-to-Broker Referral Form:
    • GAR – CO10 – Referral Agreement (Broker-to-Broker)
    • RE Forms – RE156 – Broker Agreement to Pay Referral Commission
  • Consent to Be Referred:
    • GAR – CO11 – Referral Authorization
    • RE Form – RE157 – Prospect’s Acknowledgment & Consent to Referral

Habitat for Humanity Build -10/15/16:  MX1 Agents, Leslie Voigt  & Hooman Tabrizi sit on the Habitat for Humanity board at the Atlanta REALTOR association and have volunteered to represent Maximum One on the 15th of  October, we need 34 more volunteers to sign up.  This is an amazing opportunity to

  • Give back to the community
  • Picture opportunities for MX1 agencies
  • Work along side our peers and gain camaraderie with one another.

On another note the KW team has already filled up for their date before even published.

It would be great if we can get more folks the build is easy enough anyone can pitch in and do something no matter the skill level and lunch is provided! Please contact Leslie for information to volunteer Hope from Facebook Rockstar page.  KW offered to fill our spots… & Leslie declined stating we had enough agents willing to step up!!!  Let’s prove her right!!   Contact Leslie 

470-343-1111  lavoigt0205@gmail.com or Hooman   404-585-0980  hoomant@outlook.com

GAMLS New Transaction Desk – 12/11/16: It’s an all new platform that keeps the best features of the old system in a new, more mobile friendly look and feel. The new interface is available now, so take some time to acquaint yourself with the new version before we fully transition over on December 11th 2016.

Maximum One Greater Atlanta Mentor Program: Maximum One has slightly changed the Mentor Program for newly licensed agents and agents who have not practiced in Georgia for 1+ years. For new licensees, the agent must work with a Mentor for their first three transactions & for agent not practicing in 1+ years for one transaction.  There is not MX1 Transaction Fee taken from the Mentor portion of the fees due to the valuable contributions our Mentors make to these agents and to Maximum One.  This adjustment goes into effect for any closings occurring after 8/28/16 with the signed MX1 Greater Atlanta Mentor Agreement (which has also been uploaded to the Reference Section of Paperless Pipeline & to the Extranet – Career Building.)

Maximum One Relocation Department: For any Relocation Business that you close, there is an additional $500 fee payable to MX1 for Seller relocation assistance and $300 fee payable to MX1 for Buyer relocation assistance.  The Relocation Department Director is Dana Sparks and the relocation Coordinator is Sharon Barnette Shar.on@mindspring.com .  Sharon will be your contact person and resource for all your relocation needs.  Click here for the MX1 Greater Atlanta Relocation Agreement (which has also been uploaded to the Reference Section of Paperless Pipeline & to the Extranet – Career Building.)

Max Cares: Continued prayers for Dave Kubat who is recovering from gall stones & an inflamed pancreas.
Max Cares: Congratulations to Howard Brummell on the birth of his 13th grandchild!!!  Georgia Paige Brummel is the 2nd girl and first birth girl! The oldest ones are only 4 and there is another boy coming in March!
Max Cares: Congratulations to Dawn Southern & Tommy Southern on their wedding 9/7/16!

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8/28/16

Maximum One Offices will be Closed Labor Day 9/5/16:  Enjoy your Labor Day Weekend!

Inc 5000 Award Winner! Congratulations AGAIN to Maximum One for placing on the Inc.5000 Awards!

Welcome to the New Douglasville Affiliated Lender: Please welcome Home Mortgage Corporation as the New Affiliate Lender with the Douglasville Branch of Maximum One Greater Atlanta! We are excited and pleased to introduce you to Loan Originator Valerie Webster  (404-665-3470 Valerie@Hmcga.com)   & Loan Underwriter, Larry Warner. (Larry@Hmcga.com)  Please attend the September Sales Meeting in Douglasville on 9/20/16 at 11am to learn more of their products & services!

Public Water & Sewer:  When you list a property, get your Seller’s assurance in writing that the property is on public water & sewer vs. well & septic.

FMLS & GAMLS Printouts: When you list a house, make sure to send the FMLS & GAMLS printouts to your Sellers and get their initials approving how their listing is being portrayed in the MLS services.

Placing Bids on HUD Homes: All the information you need to place a bid on a HUD Home for a Buyer is listed on the Extranet & in the Reference Section of Paperless Pipeline and included in the 2016 MX1 Manuals for MX1 Greater Atlanta agents.  These documents include: NAID numbers, Tax ID Numbers & Broker Permission Letters to sign the contracts for both MXGA & MXGR.  If you are new to Maximum One, remember to go to www.HUDHomestore.com & change your bidder status to reflect which MX1 Greater Atlanta firm you belong to (MXGA or MXGR.)

Down Payment Assistance Programs:  If you have a Buyer who is getting DPA funds, remember that you MUST make the contract subject to their ability to get these funds.  If you do not add that contingency and they do not get their DPA funds, the regular Financing Contingency provision will NOT protect their Earnest Money (in both GAR & RE Forms contracts.)  The Financing Contingency specifically states that a Buyer’s lack of down payment money or cash to close is not a sufficient reason for protection under this contingency.  Consider the following Special Stipulation:

  • “This Agreement is contingent upon the Buyer’s approval for the receipt of down payment from _______ program within _____ days from Binding Agreement Date.  Should Buyer not be approved for the DPA program within this time frame, Buyer may terminate without penalty if Buyer notifies Seller in writing and providing DPA denial letter.”

FMLS New Agent Training:  Here is an FMLS Guide on their systems / programs / links and “how-to’s”  Click for FMLS New Agent Training Guide.  This is also available for you on the Reference Section of Paperless Pipeline (MX1 Manuals & Guides) & the Extranet (Agent Tools.)

Maximum One Welcome the Newest Franchise: Welcome to Maximum One Community Realtors covering Emerson, Cartersville, Rome & Bartow County. The Operating Partners are Lynne Lenton, Marcie Evans & Marty Wilkerson.

Maximum One Greater Atlanta Mentor Program: Maximum One has slightly changed the Mentor Program for newly licensed agents and agents who have not practiced in Georgia for 1+ years. For new licensees, the agent must work with a Mentor for their first three transactions & for agent not practicing in 1+ years for one transaction.  There is not MX1 Transaction Fee taken from the Mentor portion of the fees due to the valuable contributions our Mentors make to these agents and to Maximum One.  This adjustment goes into effect for any closings occurring after 8/28/16 with the signed MX1 Greater Atlanta Mentor Agreement (which has also been uploaded to the Reference Section of Paperless Pipeline & to the Extranet – Career Building.)

Maximum One Relocation Department: For any Relocation Business that you close, there is an additional $500 fee payable to MX1 for Seller relocation assistance and $300 fee payable to MX1 for Buyer relocation assistance.  The Relocation Department Director is Dana Sparks and the relocation Coordinator is Sharon Barnette Shar.on@mindspring.com .  Sharon will be your contact person and resource for all your relocation needs.  Click here for the MX1 Greater Atlanta Relocation Agreement (which has also been uploaded to the Reference Section of Paperless Pipeline & to the Extranet – Career Building.)

Max Cares: Congratulations & Best Wishes to Dawn Luttrell & Tommy Southern who are getting married on 9/7/16!

Max Cares: Prayers & Condolences to Meilyn Marino whose Nephew passed away this week.

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8/21/16

Welcome Agents New to Maximum One:  Please welcome the following agents:

  • McKay Swanson – West Cobb – Welcome BACK!
  • Faye Brock – East Cobb
  • Tammy Lumpkin – Mcdonough
  • Brooke Murphy – Paulding
  • Traci Paden – Douglasville
  • Kelly Thomas – Paulding – Welcome BACK!
  • Adriana Telaro – Woodstock
  • Sharon Kunkel – Alpharetta
  • Donna Carlock – West Cobb
  • Sandra Braswell – Woodstock
  • Jacqueline Vaughn – Galleria
  • Hooman Tabrizi – Galleria
  • Teresa Kimber – Paulding
  • LeAnne Austin – Paulding
  • Rich Spaulding – Woodstock
  • Ricardo Cervantes – West Cobb
  • Phil Bartoe – Woodstock – Welcome BACK!

Paperless Pipeline Notes:  Remember that when you add a note to Pipeline & you need for the Compliance Broker or anyone to read it, you need to check the box next to the person it needs to go to; if you don’t, the note stays in the transaction but no one knows to look at it.  In other words, when you check the box next to a staff name, then that note goes out as an email to that person.

Property Tax Bills: Thank you to Douglasville Affiliated Closing Attorney, Shawn Horan, of Harrison & Horan for reminding us about closings this time if year.  If the tax bill has been sent out by the county, then even if the property taxes are not yet due, the Closing Attorney must collect the entire year’s taxes from the Seller at closing.

Listing Agreements Expiring in 2017:  If you have a Listing Agreement that runs into next year, remember to put 2017 on the end date (not 2016.)

Douglasville Branch of Maximum One:  We are so excited about the Douglasville agents who have chosen to create office vision boards, accountability partners, mindset & motivation meetings and more!  All this information was shared at their Sales Meeting! If you want more information, contact the Team Captains: Taqqeea Waters & Tiffany Williams.

Dates in Amendments:  When you write or receive an Amendment, make sure that the referenced Binding Agreement Date is correct!  ALSO, you must include an Acceptance Date in your Amendments!

Max Cares: Prayers & Condolences to Deloris Jenkins whose son-in-law passed away this week.

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8/14/16

Wire Fraud:  Just a reminder that Real estate agents & closing attorneys are a prime target for Wire Fraud!   Never put the words “Wire Instructions” in your subject line of your email.  Always have your client get wire instructions directly from the closing attorney – not you. Caution client to check with recipient on receipt of funds immediately.  If there is fraud, client needs to call the police ASAP!

Denise Thomas’ Homestar Finance Corp Branch has MOVED:  We relocated to 107 Enterprise Path, Ste. 300.  Hiram, GA 30141 – Same complex, just different building and suite. For more information, please contact Denise Thomas – Direct: 770-856-5726

Grand Opening of Maximum One Community Realtors:  Please join Lynn Lenton & Marcie Evans & Marty Wilkerson the Operating Partners of Maximum One Community Realtors for their Grand Opening on Tuesday 8/16/16 from 4pm – 8pm. The location is 708 Highway 293, Emerson, GA 30137. 770-334-8286. Chamber of Commerce Ribbon Cutting at 4:30 & BBQ Dinner will be served! MX1 Community Realtors serves Emerson / Rome / Bartow County.

HomeSnap Activation:  FMLS has sent you an email last week to activate yourself as an agent on the Homesnap site.  If you have any questions, please contact FMLS directly.

Buying Your Own Personal Residence: As an agent at Maximum One, you buy a residence just like you would list any purchase:

  • Signed Buyer Brokerage Agreement
  • Signed Affiliated Business Arrangement disclosure
  • Any other Contract Documents (i.e. Loan Exhibits, Community Association Exhibit, Seller’s Disclosure Exhibit, etc.)
  • Create Sale Transaction in Paperless Pipeline

Required Disclosures:

  • On Buyer Brokerage Agreement & in contract… “Buyer is duly licensed agent in the state of Georgia”
  • And on contract you must also list the material relationship “Selling Agent is the Buyer or is related to (or married to) the Buyer”… depending on any relation to anyone else on contract

Fees

  • If you choose to take $0 Commission, then the MX1 fee is $50 – only on primary residence
  • If you take a commission, then the MX1 Transaction Fee is per your plan
  • If it is an investment property then even if you take $0 commission, MX1 transaction fee is per your plan – more info in 2016 Policy Manual
  • There is an FMLS “Agent Owner” letter  for Primary Residence that you may complete & upload into PPL and there will be no FMLS fees.

Max Cares: Prayers to Lenny Schultz whose Mother was diagnosed with non-Hodgkin’s Lymphoma.
Max Cares: Prayers to Anya & Danny Dupree, whose son Bowie, was re-admitted to Scottish Rite Children’s Hospital for ongoing issues from his Bicycle crash over Memorial Day.
Max Cares: Prayers for Vonda Kudron whose son was in a motorcycle accident.
Max Cares: Congratulations to Cindy Berndt – 1st time Grandmother & of twins no less!

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8/7/16

E&O Policy for 2016 – 2017:  The Maximum One E&O Policy for 2016 – 2017 & Certificate of Liability Insurance have been uploaded into the Reference Section of Paperless Pipeline & the Extranet – (Admin Folder & then E and O Insurance Folder)

Emails from Paperless Pipeline:  If you receive an email from Paperless Pipeline referencing your transaction, please know that this is NOT automated – it is from Compliance notifying you of something pertaining to this transaction.  Please do not ignore these emails.

Update on CFPB & Copy of Buyer’s CD:  NAR has been actively engaged in the implementation of the “Know Before You Owe” also known as the TILA-RESPA Integrated Disclosure rule by the Consumer Financial Protection Bureau (CFPB). Feedback from REALTORS® across the nation highlighted the reluctance of lenders to share the new mandated Closing Disclosure (CD) with real estate professionals.  Lenders have been refusing to share the CD citing potential privacy violations of the Gramm-Leach-Bliley Act (GLBA) or Regulation P.

However, an exception to Regulation P already allows lenders to distribute the CD to third parties, including real estate professionals. CFPB affirmed the Regulation P exception by including the following language in the recent TRID proposed rulemaking:

“Based on its understanding of the real estate settlement process, the Bureau understands that it is usual, appropriate, and accepted for creditors and settlement agents to provide the combined or separate Closing Disclosure as a confirmation, statement, or other record of the transaction,

to consumers, sellers, and their agents, or information on the status or value of the financial service or financial product to their customers or their customers’ agents or brokers.”

HomeSnap Pro Mobile App:  FMLS is providing agents with HomeSnap Pro.  Here are just a few of the features you’ll enjoy with Homesnap Pro:

  • Get professional-only information! With your FREE Homesnap Pro subscription, you’ll get additional property details on each listing, including agent remarks, showing instructions, commissions and more.
  • Search for property information with a single snap! Homesnap Pro gives real estate professionals a home search experience that’s as easy-to-use as it is powerful – right from your smartphone.
  • Connect with your contacts! Invite and connect with clients and prospects through the Homesnap Pro app. Get insight on what they’re looking for while staying in contact with them.

Homesnap Pro will go live on August 9th. Be on the lookout for your activation email from Homesnap Pro – you will need to click on “Confirm Account” to register for your Homesnap Pro account.

Listing Your Own Personal Residence: As an agent at Maximum One, you list your personal residence just like you would list any listing:

  • Signed Listing Agreement
  • List in FMLS & GAMLS
  • Signed Affiliated Business Arrangement disclosure
  • Any other Listing Documents (i.e. Community Association Exhibit, Seller’s Disclosure Exhibit, etc.)
  • Create Listing Transaction in Paperless Pipeline

Required Disclosures:

  • On Listing Agreement & in all marketing (including FMLS & GAMLS & flyers, online marketing, etc.) & in contract… “Seller is duly licensed agent in the state of Georgia”
  • And on contract you must also list the material relationship “Listing Agent is the Seller or is related to (or married to) the Seller”… depending on any relation to anyone else on title

Fees

  • If you choose to take $0 Commission, then the MX1 fee is $50 – only on primary residence
  • If you take a commission, then the MX1 Transaction Fee is per your plan
  • If it is an investment property then even if you take $0 commission, MX1 transaction fee is per your plan – more info in 2016 Policy Manual
  • There is an FMLS “Agent Owner” letter  for Primary Residence that you may complete & upload into PPL and there will be no FMLS fees.

Woodstock Sales Meeting – 8/9 at 11am:  Summer cookout & giveaways!  Northwest Exterminating is grilling hotdogs & hamburgers & Attorney Andy Hartman will have his famous popsicle truck.  Lennar homes is giving away a 7 night Carnival Cruise for two including $200 Air voucher.  Please RSVP to Team Captain – Krisitn May – Kristinmay33@gmail.com – so we make sure to have enough food!

Max Cares: Condolences to East Cobb Branch CEO Adviser, Kim Murray, whose Dad passed away unexpectedly Saturday night.

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7/31/16

Many Schools Start on Monday!

What is RPAC & What Do They Do?:  If you are a Realtor then you know what RPAC is.  (In case you don’t, it’s the Realtors Political Action Committee.) If you would like to know what they do, click here: http://www.garadvocacy.com/?participantguid=a15bfac5-16bf-4820-99b1-ad20a792bef2

MX1 Ring Central System: Just a reminder that we have you set up through our Ring Central System so that when the public dials into to Maximum One (770-919-8825) and dials your extnsion (either directly or through the dial-by-name directory) that call will run straight through to your cell phone.  Those calls do not stay in the Ring Central System.  Please use a phone other than your own cell phone and make sure you are listed correctly in the system.  If any corrections are needed, please contact Renee Couick – WestCobb@eAGENTweb.com 770-919-8825 ext. 318.

Things to Remember about Writing a Short Sale Offer:   If you write an offer on a Short Sale:

  • Make SURE to include Short Sale Exhibit
  • Add this Special Stipulation to your contract:
    • “All time frames in contract & and Exhibits begin upon Binding Agreement Date and extend to specified number of days per provision after Buyer’s receipt of written approval of terms of short sale from Seller lien holder(s.)”
  • The importance of that Special Stipulation
    • If the Buyer want to terminate before the Short Sale Contingency is met by the Seller, then Due Diligence applies because it starts at Binding
    • If the Buyer wants to hang in there but wait to spend money on inspection & appraisal, then Due Diligence is still in tact for___ number of days after receiving written notice of approval of short sale!
  • Without that Special Stipulation
  • The Due Diligence Period would expire ___ number of days from Biniding Agreement Date and therefore would not be in place several months later when the Buyer received notice of short sale approval
  • DON’T write”Due Diligence to begin upon receipt of short sale approval.” … If you do that, then the Buyer may not terminate prior to getting the short sale approval notice (perhaps months away) because the due diligence period has not yet begun!
  • Put the closing date at least 2 months maybe 4 months or more out from Offer Date
  • Make sure Buyer understands it could be 2 months to 2 years before it closes
  • Remember that you have a Binding Contract as soon as Buyer & Seller sign…. The Seller’s lender approval of the terms of the short sale is merely a contingency that the Seller must meet!

FMLS Showcase:  This year our Keynote Speaker is Johnathan Smoke, Chief Economist of Realtor.com. As a 21-year veteran of the housing industry, he is passionate about real estate and translating data and trends into accurate and relevant insights for consumers and the industry. Come to his session to get an inside look at the housing market!

Two New FMLS Products: At Showcase, FMLS will be debuting two brand new products, Homesnap Pro, a new mobile app, and rDocs, our new forms/eSign/document management all-in-one system! Come to get a first look at these great new programs for all our members!

72 Paperwork Policy: Just a reminder that you must turn in to the Broker your contracts & related paperwork within 72 hours of getting signatures to avoid a late paperwork fine of $75.  You “turn them in” by creating a transaction in Paperless Piepline.  If you need assistance:

Read the information complete with screenshots in the 2016 Procedures Manual – Click link below

  • Watch the Paperless Pipeline Video Tutorial – www.eAGENTweb.com click “Live & Recorded Webinars”
  • RSVP in advance with your Branch CEO Adviser for the hands-on class – “How-To” Paperless Pipeline” – www.eAGENTweb.com click “Calendar”
  • Contact your Branch CEO Adviser to schedule a consultation appointment

Max Cares: Condolences to Nancy Watkins whose brother passed away.
Max Cares: Get well to Cindy Berndt who was in a car wreck on Friday & totalled her car

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7/24/16

Condo Bill Passes US Senate:  Waiting for President’s signature! The U.S. Senate tonight passed H.R. 3700, the “Housing Opportunity Through Modernization Act,” by unanimous consent. This legislation includes reforms to current Federal Housing Administration restrictions on condominium financing, among other provisions, and is long supported by the National Association of Realtors®.  Changes include efforts to make FHA’s re-certification process “substantially less burdensome,” while lowering FHA’s current owner-occupancy requirement from 50 percent to 35 percent. The bill also requires FHA to replace existing policy on transfer fees with the less-restrictive model already in place at the Federal Housing Finance Agency.

Foreclosures & Loans: Thank you to Denise Thomas of Homestar Financial Corporation for reminding us at the Sales Meeting that there is a 3 year waiting period from the Final Foreclosure Date of a house before the Borrower will qualify for an FHA loan.  The issue right now is that some Buyers think their house was foreclosed or that it went back to the Bank as a Deed in Lieu of Foreclosure perhaps from a Bankruptcy but the bank did not actually foreclose on the property at the time the person thought!  Also, someone may think their house is going into foreclosure but the Lender sells the loan to another lender & the new lender does not foreclose at that time.  Bottom line…. the Buyer MUST check the actual county recording of the foreclosure and that is the date to keep in mind rather than simply when they think the house was foreclosed upon or originally scheduled for foreclosure!

Commission Agreements to Closing Attorneys:  Thank you to Emily Webb of Harrison & Horan for reminding everyone to send your signed commission agreements to the closing attorney along with your contracts.  Just as a reminder, the only documents that a Buyer’s Broker has in writing to get paid is the signed  Commission instructions to the Closing Attorney. The Seller agrees to pay the Listing Broker & the Buyer’s Broker gets paid from the listing broker (then you agents get paid by virtue of your independent contractor agreement with your Broker.)  When you write an offer for a Buyer & send to the Listing Agent, I strongly suggest you include the Commission instructions at that time to get the Listing Broker to sign them!

MX1 Roster Just a reminder that the MX1 roster is located in the Reference Section of Paperless Pipeline and on the Extranet!

Real Estate Technology Update:  Technology can help you find the best answers to your technology questions. This GAMLS member benefit is an educational resource exclusively for real estate professionals. GAMLS has a library of Technology articles & helpful tips.  Check it out & Register for your account if interested:  http://gamls.retechnology.com/  You’ll get:
* Daily tech tips
* App reviews
* Advice on how to leverage technology for greater success and higher profits
* and much more

Appraisal Contingency Time Frames:  Remember that lenders are not even ordering appraisals until after the Due Diligence / Buyer’s Right to Terminate Period has ended, then it takes 7 – 14 days for the appraiser to go to the property then 2 – 3 days for the appraiser to get the report back to the lender.  Therefore, consider these figures when negotiating appraisal contingency time frames.

Max Cares: Congratulations to Precious Edet on getting your Broker’s License!
Max Cares: Continued prayers to Anya & Danny Dupree whose son, Bowie, finally went home on Wednesday from his horrific bike accident on Memorial Day!
Max Cares: Prayers to Deloris Jenkins for her daughter, Lisa & Son-in-law, Mike Thompson, who just found out he has liver cancer.
Max Cares:  Prayers for healing to Steve Fitzgerald who is recovering from Back Surgery.

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7/17/16

Remote Earnest Money & Wire Instructions:  Please make sure that you look at the date of any instructions you are using.  Maximum One changed bank accounts in January 2016 so please disregard any old banking instructions prior to January 2016.

Changes to Listings: When you need to change something pertaining to your listing (such as a new list price, an extension of the listing term, a termination, etc.) you must make those changes in writing on an Amendment with the Seller’s signature.  Additionally you will need to change your listing as it appears in both FMLS & GAMLS but the changes requested on the Listing Service forms do not change the terms agreed upon on the initial agreement between your client and Maximum One.

FMLS Agent Alert- Robbery at Open House:  A robbery occurred at an open house in Sandy Springs last Sunday, similar to one that occurred six months earlier and has been reported to the police. Description of the suspect: White male, dark short hair, stocky build, 5′ 8″ +/- , wearing pink gingham button-down shirt and blue jeans with really white sneakers.

Decrease in Mortgage Interest Rates: Thank you to Bart Patterson of Summit Funding Advisors for informing us at the Sales Meeting that mortgage rates have dropped approximately Half a point due to Brexit. Bart explained what Mortgage Rates are tied to in our stock market and how Brexit is affecting our loan market.

Seller Allowances in lieu of Repairs: Movement Mortgage:  Thank you to John Bohannon of Movement Mortgage for informing us that this lender will allow these allowances. You must have the invoice on the HUD.  No structural repairs are allowed.

Closing Document Review & More Info from Movement Mortgage:  Please click here for more Movement Mortgage updates from affiliated lender, John Bohannon.  This information was shared at the Sales Meeting.

Discounts on Homeowner’s Insurance: We have had many of our Insurance Vendors speak at the Sales Meetings with fabulous and helpful information not only for our Buyers & Sellers staying in homes after closing but also for you!  Many insurance companies are decreasing rates with the Ring Video Doorbell system and the Nest Moisture Detecting Thermostat.

Max Cares: Congratulations to Stefania Wade who just received her Broker’s License!

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7/10/16

Welcome Agents New to Maximum One:  Please welcome the following agents new to Maximum One!

  • Gabriel Brittin – Woodstock
  • Christi Roe – Galleria
  • Bobby Corbin – Woodstock
  • Debbie Henson – West Cobb
  • Bambi Hayes – McDonough
  • Julius Webb – McDonough
  • Lindsay Delain – McDonough
  • Priscilla Johnson – West Cobb
  • Anthony Gaines – Galleria
  • Danny Price – Douglasville
  • Charles Thompson – West Cobb
  • Hope Dixon – Galleria
  • Leslie Voight – Galleria
  • Laura Micalizzi – Paulding
  • Tara Grizzle – Woodstock
  • Eric Sunstrom – Galleria
  • Nickie Ferrero – East Cobb
  • Linda Martin – Woodstock
  • Maria Fortner – Galleria
  • Marc Rusterucci – Paulding
  • Traci Ventus – Galleria
  • Tanesha Steele – Galleria
  • Denise Gilbo – Woodstock
  • Lakeisha Clark – Douglasville

Key Fobs for Maximum One Greater Atlanta Offices: All MX1 Greater Atlanta Branches are on a Key Fob.  One key fob will get you into each branch 24/7.  If you do not have yours yet, please see your Branch Manager.

GAR Annual Conference:  Click here to register for the GAR Annual conference in San Destin, FL Sept 7-10. Early bird registration ends August 9th. or go to garealtor.com. click on events and annual conference. https://garealtor.net/DefaultN.aspx?event=3750

Wiring Instructions:  Apparently, one of the Crye Leike agents is being sued for forwarding an wiring instruction to her client.  The attorney emailed the wrong wiring instruction to the agent; who in term emailed the wiring instruction to the client.  When agent forward the information, agent then take on responsibility for that information.  I have been asked to send a message out to all agents to request them to ask the closing attorney (or party of the information) to send the wiring information directly to the client to avoid liability.

SWIFT “Security” Issues:  If you log into SWIFT to enter a new listing and get an “unknown publisher caution message,” here is information you need to know.  Use internet explorer and then when the window pops up about the security certificate, click “continue to this web page”.   Its been that way for years and years and we do not know why.  It was tricky to get that hosted where most brokers (if they even have it) put it on one computer inside an office and there is a line waiting.  If not comfortable you can do FMLS and GAMLS individually.

GAMLS: Rapid CMA: You can send a CMA to a client or prospect right from your phone in under a minute using Homesnap Pro.  You know when a prospective client calls out of the blue telling you that they’re planning to sell, and they want an idea of what their house could sell for? Homesnap Pro makes it simple to send a quick, substantive response that shows how responsive you are.  The Homesnap Pro’s Rapid CMA, allows you to quickly pull together a CMA and get it to a prospect in under 1 minute! On every property in Homesnap, you’ll see a ‘Send a Rapid CMA’ button, which will take you through the 4-step process for creating a Rapid CMA. See www.GAMLS.com for more information.

FMLS: Showcase:  Mark your calendars for August 11th, 2016. From 9:30am-4:30pm, over 130 vendors in 150 booths and a dozen educational speakers will descend on the Cobb Galleria and come together for the annual SHOWCASE Residential Real Estate Trade Show

Contract Binding on an RE Forms Purchase & Sale: Remember that it is Maximum One’s policy that if the parties go Binding on an RE Form Purchase & Sale Agreement, you MUST attach the “Standard Terms” to the contract & reference that Document as an Exhibit.

Return of Earnest Money:  If Maximum One is holding Earnest money and it is to be returned to a party, you must supply the party’s mailing address as a note in your transaction in Paperless Pipeline.  It must be a physical address where someone may sign for a letter – NOT a P.O. box.

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7/3/16

Happy Independence Day!!!!!!!
Maximum One Offices are closed July 4th!

Agent Address on Marketing Materials & Business Cards:  There are no license laws about marketing / advertising / publishing an agent’s office address on any marketing materials.  The only important issue about an address is in the contract – the address in a contract may be used for Notice for Legal purposes.  The Corporate Address for the MX1 Greater Atlanta Realty Company is 5041 Dallas Hwy., Bldg #700, Powder Springs, GA 20127 and the Corporate Address for the MX1 Greater Atlanta Realtor Company is 3200 Cobb Galleria Pkwy.,  Suite #275, Atlanta, GA 30339.

GAMLS Listing Compliance – Avoid Fines from GAMLS:  Since GAMLS has changed platforms to Paragon, many of you Listing Agents are getting Compliance Fines FROM GAMLS for not properly adding listings into the system & not properly maintaining your listings.  Remember that ALL listings you enter into FMLS are required to also be added to GAMLS.  Once they start fining you, their fines begin at $25 and increase by $5/day.

Get it in Writing!:  Remember that what agents say about contract terms that their clients will sign at a later date is NOT binding!  You must get the Buyer & Seller signatures on the offers & counteroffers for any Binding contracts. For example, you and the co-op agent are negotiating a contract throughout the week and it is now Friday, your client submits another counter offer; the co-op agent tells you (on phone or in an email) that his clients have verbally accepted the terms but are leaving town for the weekend and will not have access to a computer to sign the counter offer until Monday.  Then Monday rolls around and you call the co-op agent to inquire about the signed contract.  That’s when you hear, “Oh!  I’m so sorry!  We received another offer over the weekend and the Seller accepted it.” You are out of luck!!!  If it is important enough, clients can ALWAYS find a computer or tablet to sign a contract and if it is not signed by the Buyer and Seller, you do not have a contract!

Numbering Amendments:  Remember that Amendments are numbered sequentially but only ACCEPTED Amendments. So if you have accepted Amendment #1 then you propose Amendment #2 but both parties don’t agree and so don’t sign, the next proposed Amendment will also be Amendment #2 – because at this point, you only have one ACCEPTED Amendment between the parties.

GAMLS: CRS Sample Form Letters: CRS has added the Form Letters back into their Tax Suite.  The letters do not auto populate from the Tax Suite, but you can download them and use them as a merge document in Word.

The sample letters can be found after login by clicking on CRS Tax Suite, select Help and then select Help Topics.

Max Cares: Condolences & prayers to the family of Nancy Gorrow whose Father-in-Law passed away.Register for Classes Now on MX1 Online Training Calendar: Please go online and register for CE classes in advance.  We offer these classes to all 40,000+ agents in the Metro Atlanta area and our classes do sell out!!!  Many classes are already scheduled for months in advance.  Go to www.eAGENTweb.com  and click on the tile “Calendar.”
Max Cares: Congratulations to Mac McLemore’s Wife, Dee on her retirement!
Max Cares: Congratulations to Dawn Luttrell who is one of the new spokesman for Paperless Pipeline.

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6/26/16

Out of Town Coverage:  If you are going out of town, please get another agent to cover your business while you are away.

Corporate Sellers & Required Documents:  Thank you to Shawn Horan closing attorney with Harrison & Horan (contact info below) for sharing with us at the Douglasville Sales Meeting this valuable information to prevent any delays in closings or terminated contracts.  When you are working with a Seller that is representing a corporation (i.e. LLC, inc.,) that is selling a property, you need TWO documents: you need a copy of a corporate resolution or by-laws or articles of incorporation indicating that this person has the authority to sign on behalf of the company AND you also need a copy of a corporate resolution that the company may sell the property.

GAMLS Listing Compliance:  Since GAMLS has changed platforms to Paragon, many of you Listing Agents are getting Compliance Fines FROM GAMLS for not properly adding listings into the system & not properly maintaining your listings.  Remember that ALL listings you enter into FMLS are required to also be added to GAMLS.  Once they start fining you, their fines begin at $25 and increase by $5/day.

Financing Contingency:  Remember that if you write a contract subject to Financing Contingency, you are required by License Law to complete all the terms of that financing.

Student Loans & Qualifying for a Mortgage:  Thank you to Bart Patterson of Summit Funding Advisors (contact information below) for informing us of the new requirements for qualification for Buyers with Student Loans.  If a Buyer has a deferred Student Loan, that payment amount must now be calculated in the debt ratio – even though it is deferred.  If the Buyer does not know what the exact payment will be, then the lender must use 1% of the outstanding balance.

GAMLS: HomeSnap Pro: This is a new product from GAMLS.  If you want to find information on another agent, you can do so with HomeSnap Pro.  More Information here.

Maximum One will be CLOSED on Monday, July 4th!

Max Cares: Condolences & prayers to the family of Laura Wilson whose Uncle passed away.
Max Cares: Congratulations to Alan Richardson who has received his Broker’s Licnese!
Max Cares: Congratulations to Pat McLeroy whose daughter was married on June 25th Max Cares: Condolences to Tia Rosser who recently lost a toddler relative who drowned.
Max Cares: Get Well wishes to Susan Taylor who broke her foot.
Max Cares: Congratulations & Prayers to Eddie Suarez whose infant son was born last week and is in the neonatal ICU.

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6/19/16

Happy Father’s Day! 

Overview of the Home Buying Process:
Thank you so much to Richard Shafritz of Shafritz & Dean, Attorneys at Law  – Affiliated Closing attorney for the East Cobb & Alpharetta Maximum One – contact information below. for sharing with us the following information.  Read the entire Document: HomeBuying with Richard Shafritz & Friends.  This is a great piece to share with your Buyers for an overview of the Home Buying Process!

Movement Mortgage & Closing Day:  Thank you to John Bohannon of Movement Mortgage – Affiliated Lender for the Woodstock & Galleria offices (contact information below) for sharing this information:

  • Closing packages.  Effective June 1st, we are sending the full closing package with the  instructions. This is normally 2-3 days prior to closing.  Previously we sent as soon as the CD was final, which was usually day before closing or closing day.
  • Movement does not require a closing document review on closing day.  We send the wire and the funding number just prior to closing on closing day.  Wires take about 1-2 hours to arrive, so try to schedule closings for 10am earliest if possible.  Sometimes 9am wires arrive about 11am.

CRE 2016-2017 Top 10 Issues Affecting Real Estate:  The changing global economy, debt capital market retrenchment, and widespread demographic shifts are expected to have the biggest impact on real estate in the near-and long-term, representing both risks and corresponding opportunities, according to CRE®. The unbiased annual list of the most critical factors impacting real property was developed by members of the CRE® External Affairs initiative, along with the Counselors’ 1,100 members from around the world.  Read full article here: CRE 2016-2017 Top 10 Issues Affecting Real Estate

Reminders About MX1 Handling Transaction Money:  Remember the following with respect to Money coming in to the MX1 Branches

  • Maximum One does not accept personal checks over $5,000- must be in certified funds
  • All personal checks must be held for 10 Banking days prior to being released for a closing or for a termination – this information is especially important to inform a client or co-op agent if Maximum One is holding the Earnest Money
    • Especially important for a quick closing
    • Also for a Buyer termination prior to that time frame when they want to use the EM for another property
  • Anytime we are holding trust funds from one person in an amount more than $10,000, we need their Tax ID number & mailing address & we have to file Form 8300 with the IRS
  • If you are expecting a commission check or a client or a co-op agent to drop off a check at the Branch, please contact the Branch Manager in advance to let them know & please inform the person to note the property address & your name
  • Agents need to pick up Earnest Money check from you when they have a DA closing or they are closing & the earnest money is more than the commission

MX1 Agents Buying / Selling Investment Property:  Just a reminder of Maximum One’s Policy (& License Law) regarding agents Buying / Selling Investment Property.  All agents must pay a Maximum One Transaction Fee on all transactions and all transactions, per License Law, must be turned in to the Broker (through Paperless Pipeline) for a compliance review.  These are both true regardless if the agent is acting just as the agent or as the agent and principal in any transaction.  Maximum One has a policy that if an agent is selling / buying their personal residence (or for immediate family) & they choose to take $0.00 commission, the then MX1 Transaction fee is $50.  For agents Buying &/or Selling investment properties for themselves, regardless of they choose to take a commission or not, the MX1 transaction fee is $300 if on plan A, $40 if on plan B and if on a split plan, then it is what the commission would have been had the agent not been the principal.  Additionally, due to disclosures required by license law, Maximum One agents acting as principal in a transaction are required to use either the GAR contract or the RE Forms contract.

New FMLS IDX Disclosures:  Recently, FMLS announced the implementation of the Digital Millennium Copyright Act (DMCA) for FMLS websites and Matrix. The new requirement for the FMLS Disclosure language each member is required to display on their website in connection with the FMLS IDX data feed. The required revisions are underlined in the text below.

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2016 First Multiple Listing Service, Inc.

Further clarification can be found in the FMLS Rules and Regulations – Rule 13- IDX Internet Posting of Listings.

Please note that, on your behalf, FMLS is notifying all third party vendors that receive the FMLS IDX data feed of this new requirement.  However, you may wish to also contact your IDX vendor to ensure they are aware of this rule change.  We are requesting that all FMLS member IDX websites have the new required disclosure language by August 1, 2016.  If your website does not contain IDX listings from FMLS, you may simply disregard this message.

For any questions regarding this change, please feel free to contact the FMLS Data Services department at data@fmls.com .

Max Cares: Condolences & prayers to the family of Mary Colson who passed away June 13th from cancer.
Max Cares: Condolences & prayers to Mike Hammock & his family whose Mother passed away unexpectedly on 6/15.
Max Cares: Continued Prayers to Anya & Danny Dupree whose son, Bowie who had that horrific bicycle accident, is now at Scottish Rite Hospital undergoing rehab – he is moving & talking & recognizes his parents!
Max Cares: Condolences & prayers to Andy Hartman & his family.  Andy lost his very young cousin, Miles, to Dravet Syndrome.

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6/12/16

EM for Closings – NOT DA:

There are times when you are going to need to bring the EarnestMoney that MX1 is holding to closing even when you are not getting a DA. In that situation, use the MX1 Form to Request EM for Closing .  This form is on the Extranet and in the Reference section of Paperless Pipeline.

Election Year & the Real Estate Market:  Do not stop working this Summer & Fall!!  Historically, the real estate market slows down in the 4th Quarter of an Election Year. There is typically a downward pressure on prices and fewer transactions occurring.  This election year is unlike any other so there are many predictions regarding the market… take control of your income & your business now!

Appraisal Issues:  Thank you to MX1 Agent & Appraiser, Brent Glosson, for enlightening us about the appraisal process at the West Cobb Sales meeting. Here are some highlights:

  • Absent a credible explanation, Appraiser must use comps that are within the same SD 1st & then within 1 mile radius
  • Appraisers prefer sales within 90 days
  • Must provide specific plausible reason for going outside of the SD
  • Appraisers take into account if it is an “arms length transaction” that was exposed to the open market
  • If you used comps outside of SD, help justify why you chose to exclude comps within the SD – don’t tell appraiser how to find value, just enlighten them as to how you derived value
  • Square Footage is a huge issue!  Often incorrect – Realist especially! For example Realist& Cobb county typically include the entire 2 story Great room & appraisers don’t
  • Owner cost of improvements / renovations – typically 50% of that for value added to price & only for some things
  • Gross Living Area (GLA) is the most important figure
  • Comps to be: +/- 10 years, within 1 mile, within SD
  • There was much more fabulous information – please attend the Sales Meetings for great information such as this!

Holding Earnest Money for Co-Op Clients:  Remember to inform co-op agent that if Maximum One is holding Earnest Money, our policy is a 10 Banking Day hold on personal checks prior to releasing funds.  This means if the Buyer terminates and there is a signed Release Agreement prior to this time frame, MX1 will still hold those funds until the 10 Banking Day time frame has passed.  It is best to deal in certified funds.

MX1 Roster:  The MX1 Roster is located on the Extranet & in the Reference Section of Paperless Pipeline

3 Day Closing Disclosure Not the Final:  the 3 Day Closing Disclosure (CD) the Buyer gets from the Lender is NOT necessarily the final figures!  With most lenders, the package isn’t out of underwriting yet and many of the HOA fees may not be included.

Caution Using Out of State Lenders / Internet or Radio Lenders: Thank you to Amee Davis of Davis & Associates for informing us that with these lenders, there is no 1 designated person / Loan officer on the file. which makes communication regarding a closing extremely difficult and is often the cause of many delayed closings. Additionally, many of these lenders do not understand Georgia Laws & Georgia Contracts (i.e. they inform a Buyer to negotiate for a certain amount in Closing Costs to use for additional Buyer fees and then it turns out those fees may not be paid out of the Seller’s Closing Cost Contribution.)  With many Georgia lenders it takes approx. 45 minutes to fund a closing AFTER all the documents are signed; with out of state lenders, this time frame may take 2 -4 hours.

Max Cares: Prayers for Lisa Osborne whose Father-in-Law is recovering from congestive heart failure.
Max Cares:  Prayers for Mary Colson & her family. Mary went into Hospice Care on Monday 6/6/16.
Max Cares: Prayers for Laura Wilson whose Uncle is battling cancer.
Max Cares: Prayers for Donna Black whose husband, Bill,is having hernia surgery on Tuesday.
Max Cares: Congratulations to Tracy Foster who got engaged this week!

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6/5/16

Welcome Agents New to Maximum One:
Please welcome these agents new to Maximum One – lend them a smiling face & a helping hand when you see them in your office!

  • Rae Fortes – West Cobb
  • Connie Stevens – Woodstock
  • Caroline Babtope – Douglasville
  • Tanya Kennedy – West Cobb
  • Jada Holcomb – Galleria
  • Michael Malone – Executives
  • Donna Agan-Williams – Douglasville
  • Carlotta Jones – Douglasville
  • Beverly Brock-Cleveland – Galleria
  • Scott Hale – West Cobb
  • Pam McCoy- West Cobb
  • Chris Okafor – Douglasville
  • Crystal Weddington – Galleria
  • Sheila Davis – Galleria
  • Felicia Jones – Galleria
  • Renee Holden – Douglasville

Congratulations to all of the 2016 Graduates!: Many of our agents had children, grandchildren, nieces and nephews graduate this year – Congratulations to you all!!

Termination & Release Agreements Make sure that your clients / customers DATE their signatures when completing the termination & release documents. In order to assess if a party terminates within the contractual time frame for a contingency, the termination by the party MUST be dated.

Documents for Public Customers:  When you are working with the public as a Customer, make sure you complete and have them sign the appropriate form.  It is Maximum One’s policy that these forms are completed and a great idea so the parties know exactly the relationship under which they are working with you.  License Law dictates that you must have IN WRITING which party is paying the commission.

  • For a Buyer Customer: 
    • GAR – F6: Agreement to Work with Buyer as Customer
    • RE Form – 159: Acknowledgement of Customer
  • For a Seller Customer:
    • GAR – F3: Authorization to Show Unlisted Property
    • RE Form – 158: Seller Authorization to Show Property Without a Listing

Acceptance Dates on Amendments:  Remember that Amendments need acceptance dates.

All Listings in FMLS & GAMLS: All Maximum One agents are members of BOTH FMLS & GAMLS.  Any listings in FMLS are also required to be listed in GAMLS as well.

Max Cares: Prayers for Anya & Danny Dupree whose 13 year old son, Bowie, had a terrible bicycle accident on Memorial Day and was life flighted to Emory Hospital. He remains in critical condition in a medically-induced coma and on a ventilator. The Dr.s operated to remove part of his skull to alleviate some of the brain swelling.  There are many broken bones in his face that will be addressed after the head trauma has been managed. He was wearing a helmet.  There is a public Facebook Group – Prayers for Bowie – with constant updates and information on how to help Anya & Danny.

Max Cares:  Prayers for Clarissa Zumwalt whose Father-in-Law is in the hospital.

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5/23/16

Maximum One Offices will be CLOSED for Memorial Day – Monday 5/30/16

Happy Memorial Day!

Agent as Principal – License Law 

  • O.C.G.A. Section 43-40-29 (c) :

 In order to protect the public, it requires a licensee to comply with its provisions whether acting as an agent or as a principal.  If you are the Buyer or Seller or Landlord or Tenant in a transaction where you are also the agent, you MUST process the transaction the same way you process any other contract – upload to Paperless Pipeline, etc. The license law requires brokers to review all of their affiliated licensees’ activities for compliance with the law, whether the activity is that of an agent or of a principal and agent. Thus, whenever an affiliate intends to act as a principal or as a principal and an agent in handling his or her own real property, the license law requires the affiliate to disclose her intentions in writing.

Lender Use of W2 vs. Tax Returns: Thank you to Bart Patterson of Summit Funding Advisors (contact info below) for letting us know that his company can use a Buyer’s W2 forms rather than Tax Returns for loan qualification as long as they do not want to count commission income or bonus income.  Contact Bart for more information on when & how this can be an advantage to your Buyer!

Title Issues: Thank you to Bond Almand of Almand & Cohen (contact info below) for sharing with us the following on title issues.  If a title is pulled for a contract that is closing over 30 days the title must be updated within 30 days of closing.  Be aware that there are MANY title issues with investor-owned houses.  If you are listing a house for sale owned by an investor, ask for a copy of the owner’s title policy that the Seller got when purchased (hopefully the Seller got this policy!)  If the Investor/Owner does not know, look at the warranty deed and it will say what closing attorney closed the deal.  Get this information to the new closing attorney as soon as possible so that the NEW closing Attorney closing the sale may get in touch with the Closing Attorney who closed the purchase to get the title search information.  The earlier in the process you as the agent can facilitate this, the fewer delays you can hopefully prevent due to the issues with conveying good and marketable title on investor-owned properties.  Contact Bond for more information!

FHA & Student Loans:  Thank you to Denise Thomas of Homestar Financial Corporation (contact info below) for informing us the changes to Borrowers getting an FHA-Insured Loan if they have an existing Student Loan.  These changes go int effect June 20, 2016.

  • Documentation:  Lender must include all Student Loans in Buyer’s liabilities regardless of payment type or status
  • Loan Calculation: Regardless of payment status, Lender must use GREATER of 1% of outstanding balance OR monthly payment as reported on Credit Report OR Actual documented payment.

Integrate Showing Time with Electronic LockBoxes:  ShowingTime makes scheduling easy by saving you time and allowing you to schedule home tours with the click of a button. And now they’ve made it even easier to get lockbox information to the buyer’s agent by integrating ShowingTime with Supra information.

When setting up your listings, remember to add lock box access information: serial number, location and alarm details such as disarm code. Access information is provided after appointments are confirmed. If using an electronic lock box, adding the serial number to your listing will allow lock box activity to sync directly to your ShowingTime Listing Activity Report, giving you one place to see all listing activity! This helps you know who has accessed the lockbox and viewed the property.

Follow this Supra Help Guide below to set it up:

Step 1:
-Once you’ve logged into ShowingTime, click on your Listings tab and navigate to the listing you would like to add Supra integration to.

Step 2:
-Navigate to the “Access Information” section of the listing’s worksheet and under “Lockbox & Access Details,” select Supra iBox in the drop down.

Step 3:
-Enter the Lockbox Serial # and Lockbox Location.

Step 4:
-Click Save Changes.

Finish your lockbox integration by going to www.supraekey.com and enabling your listing for Supra integration. Once this has been set up, you will see the Supra lockbox activity within the Listing Activity Report within 24 hours of adding the lockbox serial number to your listing.

Max Cares: Get well soon to Cindy Berndt who fell down the stairs on Friday & broke her foot.

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5/15/16

Contractual Time Frames: Remember that the time frames in your contracts for contingencies end at 11L59pm on the last day of the contingency.  That means that PRIOR to the end of that time frame, the Buyer must either terminate the contract AND send notice of that termination to the Seller or have any negotiations completed and bound between the parties – PRIOR to the end of the time frame.

Counting Days from Binding Agreement Date: The first day starts AFTER the day the parties went binding.  So if the Binding Agreement Date is May 13th and you have a 12 day Due Diligence or Buyer’s Right to Terminate period then Day #1 is May 14th Day #2 is May 15th, etc. & the DD period ends at 11:59pm on May 25th.

Termination & Release Agreements: Regardless of the date on the form or the date the party terminating (most likely Buyer) terminates, the termination must be delivered to the other party (most likely Seller) PRIOR to 11:59pm the last day of the time frame – same as above. You will need to address BOTH issues upon termination of a contract.

  • Termination – Unilateral – only 1 party’s signature is required
  • Release of Earnest Money – Bilateral Agreement – requires BOTH parties’ signatures
  • GAR – Both issues addressed on one form
    • F-83 – Unilateral Notice to Terminate Purchase & Sale Agreement and Proposed Disbursement of Earnest Money
  • RE Forms – Each issue addressed on its own form
    • Termination – RE 263 – Notice to Withdraw or Terminate
    • Release – RE 212 – Agreement to Disburse Trust Funds

Earnest Money Issues Upon Terminations: Make sure you complete the Termination & Release forms properly because Earnest Money is on the line.

  • Any party may terminate – once contract is terminated, Seller free to put property back on market
  • Only 1 party signature required to terminate
  • Disbursing Earnest Money is a separate issue!!
  • Need Agreement (i.e. BOTH parties’ signatures) to disburse Earnest Money
  • Did party who terminated terminate by unexpired contingency or default?
  • If both parties don’t agree, procedures to disburse  outlined in contract
  • NEED Both parties’ signatures even if terminated by contingency
  • If Earnest Money is addressed in the creation of a contract, it must be addressed in the termination of a contract
  • Earnest Money release needs to be completed & signed even if transaction terminated prior to Buyer’s time frame to remit funds
    • “Buyer to retain Earnest Money not yet remitted per paragraph (GAR – A.8.b)  (RE Forms – 3.1) of Purchase & Sale Agreement.”

Movement Mortgage Foundation: Thank you to John Bohannon of Movement Mortgage (contact info below) for sharing with us the information about this foundation.  Movement Foundation gives away $10k every month to a local charity & ministry that are nominated by loan officers & real estate agents.  Record a 20 – 30 second video about your charity and they will enter it in the contest to win $10k.  John Bohannon will match your charitable donation to the charity of your choice up to 20% of his commission per loan that you close together with John and then Movement Mortgage will match John’s donation.

DA Request: Please make sure to include the Closing Attorney or Pre-Closer’s correct email address to prevent any delays in getting the correct people the information they need to pay you at the Closing Table.

GAMLS Paragon: Goes into effect on Monday!

GAMLS: Paragon Essentials: The cutover is May 16th Watch these quick Videos

Max Cares: Congratulations to Shane Travers who just had a baby boy!!!!.
Max Cares: Prayers for Mary Colson who is now undergoing radiation treatment for cancerous lesions on her brain.

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5/8/16
Happy Mother’s Day – May 8th!

Welcome New Agents: Please welcome the following agents new to Maximum One:

  • Susie Barnhill – East Cobb
  • Chad Manion – West Cobb
  • Monique Pharr – West Cobb
  • Jessica Acosta – Douglasville
  • Eddie Suarez – Galleria
  • Rosanna Santiago – Alpharetta
  • Danny Adams – Douglasville
  • Joyce Biddy – Paulding
  • Lee Fritz – West Cobb
  • Dawn Phillips – Paulding
  • Linda Balcomb – West Cobb – Welcome BACK!!!
  • Andrea Converse – Galleria
  • Jessica McMaster – West Cobb
  • Austin James – Woodstock
  • Anita Knight – Galleria
  • Mandy Seat – Paulding
  • Lindy Hankins – Douglasville

New Fannie Mae Trending Credit Guidelines: Thank you to Jay Alexander of Homestar Financial Corporation for sharing the latest that Fannie Mae will (as of June 25th) look at a 24 month payment history on revolving credit.

Tax Returns Required: Thanks also to Jay of Homestar Financial Corporation for the info that since we are past April 15th, lenders will require tax returns or proof that an extension to October 15th has been filed.

Investor’s & Arms Length Affidavit: Thank you to Amee Davis of Davis & Associates for letting us know that when an investor signs this affidavit the investor asserts that there is not another contract waiting – i.e. no flip for 90 days.

Investors Buying Short Sales: If you use the Short Sale Exhibit – both GAR Form  & RE Form 253 – the arms length paragraph in the exhibits also states that the “Buyer agrees not to sell within 90 days of closing on this property.”  Make sure your investors understand this when signing a contract for a short sale that includes the Short Sale exhibit.

DA Request: If there are 2 or more Maximum One agents involved in a transaction, there is a now a place to indicate on the DA request form to indicate if BOTH agents are receiving their pay at closing or if only 1 agent is. For the latest DA request form, click DA Request, and this is located on the Reference section of Paperless Pipeline & on the Extranet (MX1 Forms, Admin – Getting Paid & Contract to Close & How to – Get Paid.)

No DAs on HUD Closings:  Per HUD, agents may not get paid at the closing table on HUD transactions. Attorneys may cut checks only to the Brokerage firms.

Tom Ferry Training:  Each week at all of the Branches we offer Tom Ferry’s “”Breakthrough by Design” training for FREE!!!  When you participate in this training, there is access to other training & services & a Closed Facebook Group available only to those who participate.  These programs are designed to grow your business! For example: Women in Real Estate Video series, Vulcan 7 Expired Listing Service & more!  Please check out the Training Calendar.  After this series ends, we will re-start the program beginning in June!  Check out Tom Ferry’s website (www.TomFerry.com ) for more information – please take advantage of all the Services and Systems Maximum One makes available to you for FREE or at a drastically reduced price – they are designed to help you GROW your business!!!!!!

No More EDS or Blue Sheet:  Remember when you get a new transaction simply create a transaction in Paperless Pipeline & fill in all the blanks!  That’s all you have to do!!!

Creating a Transaction in Paperless Pipeline: Since this information replaces the Blue Sheet & EDS, please complete all the information in the “fill-in-the-blanks” when you create a transaction.  Remember there is an “Edit Transaction” button in the upper left.

Looking for a Website?: At Maximum One we have some really nice sites included from GAMLS.  You just log in and customize.  So many templates.  Also the mobile site from VoicePad is included with your MX1 membership.  IDX integrated in both of these already.  Simply login to voicepad and go to dashboard to get your url for your site.  Don’t know your login?  Just use the forgot password feature, using whatever email you gave us when you joined.

GAMLS: Paragon Essentials: The cutover is May 16th Watch these quick Videos

Max Cares: Prayers for Keely George whose Mother is facing some health issues.
Max Cares: Condolences to  Angie Carmichael whose grandfather passed away.

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5/1/16
Happy Cinco de Mayo – May 5th!

Broker Signature: If you need a Broker Signature on a document relating to a transaction (FMLS or GAMLS form, etc.) simply upload that document into your transaction in Paperless Pipeline with a note requesting a Broker signature.

FMLS Fees: The FMLS rule is that if the listing broker has a listing agreement with the Seller & the property is in an FMLS Compulsory area, they are due a fee period.  If the listing agent doesn’t actually put the listing in FMLS but “Seller Agency” is marked on the contract & the property is in a compulsory area, this means they had a listing agreement signed & FMLS is due a fee!

FHA Loan – 2 Years of Verified Income: Thank you to Denise Thomas of Homestar Financial Corporation for this information – a Buyer needs 2 years of VERIFIABLE income before the lender can order an FHA case number.  If there are any lapses in employment, the lender will have to verify income from before the lapse to make up the ful 2 years.

Binding Contract on RE Forms: Please remember that it is Maximum One’s policy & good business practice to print the “Standard Terms” and attach them AS AN EXHIBIT to your contract.  These Standard Terms contain the consideration of the contract AND all of the promises & responsibilities & consequences to the Buyer & Seller.

USDA Fees Going Down as of October 1, 2016:  Thank you to Jay Alexander of Homestar Financial Corporation for informing us that the USDA fees are going down.  The upfront guarantee fee and annual fee structure that will be effective for Single Family Housing Guaranteed Loan Program (SFHGLP) loans in fiscal year (FY) 2017, which begins October 1, 2016 and ends at the close of business on September 30, 2017.  The upfront guarantee fee will change from 2.75% to 1.0% of the loan amount.  The annual fee will change from 0.50% to 0.35% of the average scheduled unpaid principal balance for the life of the loan.

No More EDS or Blue Sheet:  Remember when you get a new transaction simply create a transaction in Paperless Pipeline & fill in all the blanks!  That’s all you have to do!!!

Power of Attorney: At Maximum One, you are prohibited from accepting Power of Attorney for your clients – you may NOT sign contract or Closing statements on their behalf.  If you do so, this is grounds for immediate release from MX1.  Additionally, you negate your E&O coverage for that transaction.

GAMLS: Paragon Essentials: The cutover is May 16th Watch these quick Videos

Max Cares: Condolences and prayers for peace to Angie Ellis whose father passed away suddenly this week.
Max Cares: Prayers to Annetta Panaterra who was in an automobile accident.
Max Cares: Condolences to Teressa McIntosh of Hope Credit Services whose sister passed away this week.
Max Cares: Congratulations to Deloris Jenkins on her Grandson, Garrett’s graduation!

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4/24/16

MX1 Agents with Rental Property: Just a reminder that Maximum One agents are not allowed to hold any Security Deposits or Trust Funds for any tenants.  All Trust Funds must be held in the Maximum One Escrow Accounts.

Agent Marketing on Facebook & Social Media: Remember that as a Licensed Real Estate Agent ANY & ALL marketing you do MUST be in Compliance with GREC – including all social media marketing.  You must “advertise” yourself in the name of the Broker “Maximum One Realty Greater Atlanta” or “Maximum One Greater Atlanta Realtors”& if you are ever going to have property on there, you must have Broker phone number – 770-919-8825.  Your name & number must be in same size, prominence & frequency as the Brokers.  Please see attached GREC Marketing & Advertising Rules

New Mobile App for Agents: GAMLS is introducing HomeSnap Pro.  Go to www.homesnap.com/University/gamls.  This app is free & provides:

  • The best way to access real-time MLS data on-the-go
  • Instant info on any home, not just listings
  • Stay safe at showings
  • Hook new leads instantly with unlimited rapid CMA reports
  • Agent-only profiles
  • Boosted exposure

Congratulations to Dawn Luttrell: For being on the Paperless Pipeline Advisory Board helping Brokers throughout the country with Paperless Pipeline.

GAMLS: Paragon Essentials: The cutover is May 16th Watch these quick Videos

Congratulations to Homestar Financial Corporation:  Thank you to affiliated Paulding Lender, Denise Thomas for sharing with us the great awards and accolades received by Homestar Financial – named Outstanding Georgia Business by Georgia Secretary of State, Brian Kemp.  Please contact Denise to find out her fabulous part of this lender! (Denise’s contact info is below.)

Max Cares: Prayers for continued safety to Sue Hudson & Rick Duda who both live (separately) in Ecuador which was just ravished by an Earthquake.

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4/17/16

Happy Pesah!  First Night of Passover Friday April 22nd

Happy Wedding Anniversary to Dave & Ann Kubat on Monday 4/18!

Welcome Agents New to Maximum One: Please welcome & lend a helping hand to our colleagues:

  • Katherine Ji Young Min – Galleria
  • Todd Gibson – Woodstock
  • Dan McCloskey – Galleria
  • JC Murphy – Galleria
  • Karyn Harrison – Galleria
  • Alex Merlo – Galleria
  • Heather Sabb – Galleria
  • Terry Hullinger – Woodstock
  • Linda Knuckles – Douglasville
  • Sonya Simoneau – Woodstock
  • Connie Gebhart – West Cobb
  • Wei Jin – Douglasville
  • Vincent Ehima – Paulding
  • Tiffany Wade – West Cobb
  • Shaheedah Hill – Galleria
  • Don Buckner – Galleria
  • Ellen Henry – East Cobb
  • Charlene Montgomery – Galleria
  • Babatunde Raji – Galleria
  • Sherri Anthony Sinclair – MX1 Partners – Welcome BACK!
  • Janice Cliatt – MX1 Partners
  • Mark Dingess – MX1 Partners
  • LaTasha Stewart – Paulding
  • Janice Carter – West Cobb
  • Debbie Lubov – Paulding
  • Lynn Blaylock – Woodstock
  • Ledante Carr – West Cobb
  • Bion Grady – Paulding – Welcome BACK!
  • John Ashokhe – Douglasvile

Search Thousands of Public Records & Aerial Photos: Thank you to John Bohannon of Movement Mortgage for sharing with us this great website: http://www.netronline.com/ .  Start exploring hundreds of thousands of public records. Research property information through our Public Records Portal and our Property Data Store. Identify environmental concerns through our Environmental Database. View historic and current aerial photographs using www.HistoricAerials.com

Earn Extra Cash with Comcast: Have clients that are moving & considering Xfinity Services from Comcast?  You can earn $75 for something they are going to do anyway!!  You will get $75 if the clients order at least two of the products.  All they have to do is send or give the attached flyer.  The rest is done by us and NO NAMES OF CLIENTS ARE GIVEN OUT.  All we do is submit a monthly report to Comcast with address, date and our agents name so they get credit if they sign up.  Click here for Xfinity Moving Offer Flyer.

GAMLS Paragon Cutover Date – May 16th: Watch the online tutorials & take their classes & READ the emails you get from GAMLS.

Pinterest for Real Estate Professionals: Think you don’t have time to master another social networking website? Well, before you turn your back on the world’s fastest growing social media platform, consider this:

  • Pinterest reached 100 million users in 2015. In other words, if Pinterest were a country, it would have just surpassed Vietnam to become the 14th most populous nation on earth.*
  • This photo-sharing platform is a perfect way for real estate professionals to build brand awareness and reach potential buyers and sellers. After all, Pinterest (much like real estate itself) is largely about the visuals.
  • Some of your colleagues have “pinned” their way to thousands of followers, putting their names in front of countless prospects and paving the way for many new referrals.

So… how do you get started?  Read full article here: Pinterest for Real Estate Professionals

Max Cares: Prayers for Cindy Corona’s Grandson & Kristine Corona’s infant son who is having his 2nd cochlear implant surgery on Monday.

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4/10/16

Congratulations to Donna Black: Congratulations to Donna Black (AgentBilling@eAGENTweb.com ) for being nominated for the 2016 CFO of the Year by the Atlanta Business Chronicle!

Earn Extra Cash with Comcast: Have clients that are moving & considering Xfinity Services from Comcast?  You can earn $75 for something they are going to do anyway!!  You will get $75 if the clients order at least two of the products.  All they have to do is send or give the attached flyer.  The rest is done by us and NO NAMES OF CLIENTS ARE GIVEN OUT.  All we do is submit a monthly report to Comcast with address, date and our agents name so they get credit if they sign up.  Click here for Xfinity Moving Offer Flyer.

Closings in the Branches: We welcome everyone to use the Conference Rooms for closings!  Please remember to reserve the room in advance with your Branch CEO Advisor (Branch manager) to make sure that there are no conflicts and we may accommodate our guests.

DA Requests to Get Paid at Closing: Through Paperless Pipeline, we have a new Form for your Approved DA Request called a “Commission Disbursement Authorization – CDA”   The new form integrates with the information you complete &/or Edit on your Transaction in Paperless Pipeline.  The Approved DA will be emailed to you and the Closing Attorney.  To coincide with this new form, we have created a new DA Request Form.  Click on the link for this form – it is also located on the Reference Section of PPL & the Extranet.

CFPB Has Plan to Reshape the Financial Industry: The Consumer Financial Protection Bureau has already changed the face of the lending industry & they plan to change the entire financial industry.  With the changes they have already implemented in their 5 year existence (TRID Rules, National Mortgage Servicing Rules, Ability to Repay Rule & the Qualified Mortgage Rule, real estate agents have already felt their reach.  Read this article from Hotwire for more information on the CFPB Plans to Reshape the Financial Industry.

Taxes Due April 15th: Many people will receive tax refunds…. show them how to use their refund to buy a house!  Contact your affiliated lender to show you how to reach out to consumers to get their business!

Max Cares: Get well soon to Melanie Brown she broke her ankle.

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4/3/16

Adding Your Maximum One Pro Email to Your Smartphone: If you wish to add your email: FirstName.LastName@MaximumOne.pro email to your smartphone, please click on this link:

Adding Your MX1 Pro Email to Your Smartphone

April Classes on the Douglasville Branch: Due to the ongoing construction, all classes in April scheduled for the Douglasville branch will be postponed.  Thank you & we apologize for any inconvenience.

Open House Advertising: Thank you to Mary Lamb for sharing this information:  www.GeorgiaOpenhouses.com  sponsored by FMLS – If you ever have an open house you want to put it in there!!  www.GeorgiaOpenHouses.com  provides consumers with an easy solution to find open houses and is a free service courtesy of First Multiple Listing Service (FMLS), which enables our member companies and agents to advertise Open Houses to the public!  They can put in the areas and days and will pull up all the open houses. Also they are listed properties with commission!!Binding Contracts on RE Forms: Please remember that it is Maximum One’s Policy that if you go Binding on the RE Forms contracts, you must attach the Standard Terms as an Exhibit.

GAMLS Paragon:  Final cut over to Paragon is May 16th and all search functionality, listing entry, listing maintenance and photo upload will take place within the Paragon MLS platform. Users of the MLS Swift dual listing entry program will be able to enter listings into Paragon on May 16th after the cutover. On the afternoon of Friday, May 13th, reInsight will be “read only” and listing entry, listing maintenance and photo upload will no longer be accessible. Search functionality will still be available, but new listing entry, or existing listing maintenance will be delayed until the following Monday when Paragon’s listing input module is active. GAMLS Search, located on the homepage after the login, and www.georgiamls.com will still be available for searching, viewing, printing, and emailing during the cutover.

Appraisal Contingency for HUD Homes   If your Buyer wins a Bid on a HUD home and it doesn’t appraise for the contracted price, they need to either bring the difference in cash or terminate the contract and get their Earnest Money back. Thank you to Annamaria Stalker & Jayne Pearson for this information!

Max Cares: Condolences & Prayers for Peace & Strength to Dawn Luttrell & Tommy Southern. Tommy’s son & daughter-in-law lost their expected baby 6 weeks prior to the due date.

1099 Tax Forms:  The 1099 Tax forms for 2015 have been issued!

  • Active Agents may go on WolfConnect and download their 1099 for the CURRENT Company (MXGA or MXGR) that they are in
  • Instructions for how to access 1099 through WolfConnect – Click Here (These instructions are also on the Extranet under “Electronic 1099” & on Paperless Pipeline under the Reference Section
  • If you switched between MXGA & MXGR sometime throughout the year, their 1099 for the earlier company will be mailed
  • Any agents that transferred between companies will get TWO 1099 Tax Forms – one from each company
  • Any agents who transferred from Executives will have to contact Tina Vliet to get their 1099 from her (Tina@TrueNorthREPros.com )
  • All inactive agents have been printed and we will mail them as well
  • All outside brokers have been printed and we will mail them as well
  • All Landlords have been corrected (moving the $ amount from box 7 to box1-rents) and they have been printed out and will be mailed as well

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