Realtor or Investor?

Real Estate Investor HatI got a phone call from a great friend and client the other day.  This wonderful lady, Mrs. B., has been my client, given me referrals, been a partner with me in some investment deals, and has really been like a second mother to me.

Mrs. B is a 75 year old, financially stable property owner.  She was calling because she is thinking about selling a commercial building that she owns and wanted to know if I was interested in purchasing it?

Herein lies where I have a difficult decision to make.  Do I wear my investor hat, and purchase this property?  Or do I wear my Realtor hat, and list the property for sale?

At first, it seems simple:  I make an offer on the property for the amount that I am willing to pay for it. However, even though it is a commercial property, a business that might be Owner Occupied would definitely be willing to pay more for this property than myself, because I am interested in the property as Realtor Hatan Investor.

So, do I purchase the property myself, or do I act as Mrs. B's Realtor, and list it for sale?

How do you handle the conflicts of interest that come up in your life?  How do you approach making those decisions?

Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

0 commentsTim McIntyre • July 29 2009 11:17AM

Market Update for Carroll County, June 2009

Click on Toggle Full Screen in the upper right hand corner to view this report.

If you have any questions about this report, feel free to give me a call.

Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

0 commentsTim McIntyre • July 27 2009 12:43PM

Featured Listing Friday

Excellent Price on this Single Family Home
Handyman Special, Needs TLC
Recently painted, Nice Rear Yard
Property is being sold “as is”
  • 3 Bedrooms
  • 1 Bathroom
  • Finished Lower Level


Click here to visit the property's website.

Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

0 commentsTim McIntyre • July 24 2009 10:22AM

Frederick Road Fridays

This is a great community event, which really shows what Catonsville is - a friendly, fun loving town.

Come to the free live concert every Friday Night in downtown Catonsville, MD.  The show starts at 6:30 p.m.  This week's band is Bill Dickson & the MTT.

For more information visit www.billsmusiconline/frederickroadfridays.html

PS-We had a great time in Deep Creek.  For those of you who may be thinking about buying a resort property, the prices have come down significantly and now is a great time.

 

Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

0 commentsTim McIntyre • July 22 2009 03:14PM

Market Update for Baltimore County, June 2009

Click on Toggle Full Screen in the upper right hand corner to view this report.

If you have any questions about this report, feel free to give me a call.

Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

0 commentsTim McIntyre • July 22 2009 08:51AM

Featured Listing Friday - Eastern Shore Waterfront Condo

Gorgeous Waterfront Condo with Panoramic Views
Impeccably maintained condo overlooking the Narrows
Gated community with exceptional amenities
  • 2 Bedrooms
  • 2 Bathrooms
  • Floor to Ceiling Water Views
  • Cherry Cabinets, Stainless Appliances, Wine Cooler in Kitchen
  • Balcony, Fireplace
  • Clubhouse, Tennis Courts, Pool
  • Beautifully Decorated!


Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

0 commentsTim McIntyre • July 17 2009 09:54AM

Opportunities Abound

I’m going away to Deep Creek to spend time with my motley family: my lovely wife, my stepson and his partner, and four dogs.

While I’m there I’m also going to look at 50 acres for sale. I would love to purchase this land, build a second home for myself and sell the remaining lots so others could do the same.

There are opportunities in vacation homes right now as prices for these properties have declined steeply in recent months.

If you know your goals, there are opportunities everywhere you look. The important thing is to actually be looking for them.

See you in Deep Creek!



Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

0 commentsTim McIntyre • July 15 2009 03:23PM

Market Update for Howard County, June 2009

Click on Toggle Full Screen in the upper right hand corner to view this report.

If you have any questions about this report, feel free to give me a call.

Howard County June 2009

Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

0 commentsTim McIntyre • July 13 2009 12:27PM

Featured Listing Friday

Custom Built Colonial on 3+ Acres in Western Howard County
Great Location on a dead end street
Gourmet Kitchen with Granite Counters, Cooktop, Breakfast Bar/Island
Kitchen is adjancent to cozy family room with wood stove and custom cabinetry
  • 5 Bedrooms
  • 3 Bathrooms
  • Formal Dining Room and Breakfast Area in Kitchen
  • Expansive Master Suite with Huge Walk in Closet
  • 1st Floor Could be In Law Suite
  • and so much more!

Click here to visit the property's website.

Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

0 commentsTim McIntyre • July 10 2009 10:33AM

Does Your Realtor Know What's Most Important to You?

Catonsville Home

I got a call yesterday from an elderly lady who is thinking about selling her house.  She said that I had been recommended by a close friend of hers and a former client of mine.  When I asked her where she lived, she gave me her address, 1234 Main Street, and I said, "Oh, I know that street pretty well", and I described to her what I thought her house looked like, but with one very important detail:  her bright red rose bush out front.

I've noticed this because I'm familiar with the neighborhood, but also because it stands out.  She was pleased that I had seen it and we went on to discuss her love of gardening.  It was the first step in a great conversation about what is most important to her.

When we had finished the phone call, my potential new client was certain of a few important things about me:

  • I know the neighborhoods I serve inside and out
  • I pay attention to the details of people's properties, whether I represent them or not
  • I am a good listener, and I now know that she enjoys gardening and working outside

All these things make a difference when you are going to represent someone because when you know what's most important to someone, you know how to best serve them.

When you call someone to provide service, do they ask what's most important to you?

Tim McIntyre, GRI
tmcintyre@cbmove.com
Facebook friends click
here to see the full post.
Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.


Subscribe to www.timmcintyreblog.com Follow @timREIexpert on twitter Be my friend on facebook www.facebook.com/TimREIexpert

1 commentTim McIntyre • July 08 2009 09:56AM