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FOR
OUR MEMBERS ONLY . . . |
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Magellan®,
Inc.
Magellan®, Inc. is a real estate firm that
assists individual, investor, and corporate clientele
with buying or selling a home, business, or investment
property anywhere in the world.
Dedicated to building long term wealth for our clients
through real estate acquisition and disposition, we
provide a periodic analysis of our client's real
estate objectives, assets and options and a careful
assessment of when to buy and sell.
28 YEARS OF EXPERIENCE
Through Magellan®’s
qualified broker network, international expertise, and
global resources, Magellan®
is your single point of contact for meeting all of
your real estate needs. See Brian's latest real
estate newsletter here. |
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HOME BUYING
SEMINARS FOR INDIVIDUALS OR GROUPS
Magellan Realty,
one of just a handful of firms in the upstate NY area that has been vetted by
Lending Tree as a recommended Realtor, will host individualized “Home Buying Seminars”
specifically for RARES members.
If you're ready to buy or just beginning the
home buying process, we will tailor this seminar to your specific situation.
Topics may include: Mortgage
Pre-Approval and Application process, Overview of Mortgage Financing
Products, Home Finding Process, RARES discount through Premium Mortgage,
working with a Real Estate Broker, Finding your Perfect Home, and much more.
And by attending, you receive a FREE credit report (a
$25 savings).
Seminars are typically held at
the offices of
Premium Mortgage's offices, located at 2451 Monroe Ave. but we are also
happy to come to your home or workplace as well. To ensure that all
topics are covered thoroughly, topics related to the mortgages and financing
are presented by your
Premium Mortgage Banker Mary Battaglia. Brian
Mount, Associate Broker from Magellan Realty covers aspects related to home
search, contract preparation, and the home buying process in general.
In the workplace, we have hosted seminars for
as many as 25 individuals at a time. So whether it's an individual
session or part of a larger group, you can determine what's best for your
needs. To
request an individualized overview of the mortgage and home buying process,
click HERE
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Your RARES Discount
Exceptional service,
and cash back! It's very simple. Buy or sell a house
using an authorized agent from Magellan Realty to represent you in
the transaction.. After closing, and after commissions are
paid, you receive a rebate authorized by the New York State
Department of State (see table below) for the privilege of
allowing Magellan to represent you. Buy a house for
$155,000 and you'll receive a check back for $500.
A Bit More About Magellan Realty
 Magellan
is a woman-owned company
that
believes in acting as a socially responsible role model for other
businesses by setting aside a Community Service Fund equal to 1%
of gross commission dollars, per office, to be spent locally
meeting the needs of the homeless as well as other worthy causes.
Magellan® Realty is presently offering the current
discounts* to RARES members:
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Purchase Price or Selling Price
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RARES Credit
at Closing |
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$75,000- 149,999
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250 |
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$150,000 - 249,999 |
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500 |
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$250,000 - 349,999 |
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750 |
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$350,000 - 449,999 |
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1,000 |
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$450,000+ |
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1,250 |
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* You may receive a discount when
you either buy or sell! One rebate per transaction (so if
you're both buying and selling, we're able to apply it to the more
expensive of the two transactions only). $ amount may be applied as a credit
at closing (typically the case for sellers) or paid in the form of
a rebate subsequent to closing after real estate commissions are
paid (more typical for buyers).
Your Associate Broker
Brian Mount at Magellan also works closely with RARES members
Home Savings of
America, ,
eastcap mortgage,
and
Premium Mortgage to maximize your home funding and
purchase experience. So not only will Mgellan assist you in
saving hundreds or thousands on your new home purchase, but if you
utilize
,
Home Savings of America,
Premium Mortgage,
or
eastcap mortgage
to obtain your home financing, you'll save even more - thousands
of $$, "cash back" at closing.
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For further
information on Magellan's RARES discounts for buyers and sellers, contact
RARES at 503-8160 or Magellan at 325-3990 or e-mail them at:
info@lmagellan.com.
In conjunction with our corporate partners,
Magellan®
offers Home Buying, Home Selling and Home Building Seminars at
your location and at your company’s request. Contact Brian Mount
at RARES at
503-8160 or the Magellan office at
(585) 325-3990 or
info@lMagellan.com
for further information.
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Magellan Realty
311 Alexander St.,
Suite 315
Rochester, NY
14604
585-325-3990, x104
or 585-503-8160
Web site:
www.1Magellan.com
E-mail:
info@1magellan.com
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Area Real Estate Update
An update on the real estate market in Rochester and
surrounding areas provided by Brian Mount of Magellan
Realty
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Dear Brian,
Housing statistics for our area were in the news recently
as the Greater Rochester Association of Realtors
reported a 43% increase in
sales when compared to second quarter 2009, with
a total of 3,512 homes sold. The beginning of
2009, it should be noted, however, was one of
the worst periods for home sales in recent
history.
In addition, the overall
median sale price of $120,000 reflected a 2%
percent increase compared to last year. The
increase in purchases was a direct result of
home buyers who still had time to take advantage
of the $8,000 First-time Home Buyers Tax Credit
and the $6,500 Tax Credit for current home
owners who purchased a new or existing home. The
tax credit expired on April 30, 2010.
How are things shaking out now? Housing prices for homes
$135,000 and under remain relatively stable
though it's still a buyer's market overall. The
market for homes priced above $135,000 remains
relatively soft with houses at $200,000 -
$450,000 struggling for buyers.
So what might this mean for you, particularly if you have
a home to sell and you're looking to upgrade?
Drop me a line and we'll discuss as each
situation is bit different.
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Best Advice for Selling Your Home
Price it right.
Buyers
have access to lots of data, and they'll know if
your house is too expensive. This is the single
most important thing you can do.
Offer to pay
some
of the buyer's closing costs.
Maximize exposure.
Saturate the Internet and all forms of social
media with your listing. We'll make sure that
your house is shown widely. Not only does it
appear on the MLS, but on other sites like
Realtor.com and unlike them, Magellan even
places your listing on competitor's sites so
everyone sees your house - everyone.
Use great photos,
not good ones. Make sure your house makes a
great first impression. This isn't something
you need to worry about. I'll make sure that
your house is shown online in the best possible
light.
Make it sing.
Listing information must be complete and
well-written. Again, this is my job, but I work
in conjunction with you to make sure that we
present your home in the best possible light.
Curb appeal matters.
Spend a little money on flowers, new plants and
fresh paint. I'll offer suggestions on what
will bring the biggest return for the smallest
investment.
Inside, your house should look fresh, so
make sure the paint, carpeting, light fixtures
and appliances are updated and clean.
De-clutter.
Eliminate one-third to two-thirds of your stuff;
hire a stager. I'll be happy to help tell you
what needs to go. That rack of antlers on the
wall? Maybe enticing to some buyers but a big
turnoff to others. Into storage it goes.
Network.
Sales come together because brains understand
homes better than computers. I work hard with
my colleagues to make sure other agents know
about your house. Brokers opens and other means
of promoting your house to the widest possible
audience is what I do. You can do the same with
your colleagues at work to enhance the chances
of your home selling.
Be patient.
Statistics say that it takes 21 showings, not
including open-house traffic, to sell a house.
When you price a house correctly, you'll have an
offer before 10 showings.
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Homearama 2010
Homearama returns to Rochester for the 32nd
consecutive year - this year with bands, wine
tastings, and cooking demonstrations - and all
for a nine day run, August 14 - 22nd.
 This
year there are 5 extraordinary homes showcased
in the Watersong Community in Penfield.
Homes range in price from $389,000 to $500,000.
Watersong is located off Five Mile Line Road,
north of Plank Find out more about Homearama
here.
I want to remind my clients that they can save $2 on the
cost of the $9 admission just by showing their
RARES ID card at the gate (good for as many
admissions as you'd like). And if you know
you're going, you can purchase from RARES
limited supply of tickets at just $5.50 each -
online through the RARES web store until our
supply of 40 is exhausted. Purchase
here
- look in the "specials" category.
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New Home Construction
Did you know that Magellan is the area leader
for expertise in representing buyers in new home
construction?
At today's prices, the money you spend on a new
home needs to be spent wisely. Magellan's
expertise allows you to successfully negotiate
and navigate the home building process - from
searching for a builder and community in our
proprietary New Home Explorer database to
negotiating with the builder you choose. And
you will not only benefit from our expertise in
purchase negotiations but you'll save countless
headaches in navigating the building process
when you let us represent you - all at no cost
to you.
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Five Smart Reasons to Buy a Home Now
The economy is stabilizing. Home prices are
holding. It's not just as good a time as ever to
buy a house. It's one of the best times ever.
1. Low mortgage rates serve as
an equity shock absorber. When buyers borrow at
today's record-low rates, they start building
equity as soon as they close. That means they
have a little give to absorb a few ups and downs
as the still-recovering housing market gains
traction.
2. More houses than ever are in move-in
condition. Homeowners have
continued to spend on maintenance and repair,
according to the Harvard Joint Center on
Housing. Homeowners who have been holding back
kept their houses in good shape while they
waited. As those houses enter the market, they
are in marked contrast to tattered foreclosures.
3. Terrific houses are coming on the market. Foreclosures
are finally starting to work their way through
the system - and this is just the opportunity
that owners of many desirable properties have
been waiting for.
4. Appraisal regulations are finally aligned
with market realities. Fannie
Mae has adjusted its appraisal guidelines once
again. Now that appraisers have more flexibility
to set values that reflect the current market,
today's deals are more likely to close than just
a few months back.
5. Plenty of mortgage programs available. Homes
are more affordable than they have been for
years and we're seeing a resurgence in loan
programs from lenders who had previously
tightened their belts as the mortgage credit
markets loosen up.
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A bit about Magellan
Magellan Realty & Relocation is an international
realty, training, and relocation firm. Magellan
now offers investors the opportunity to purchase
homes, businesses, and properties abroad. We
maintain offices in
65 countries throughout the
world.
Our offices are in downtown Rochester to better
serve all members of the community. Our local
agents also maintain home offices in
Scottsville, Webster, Penfield, and Pittsford to
ensure that we provide complete coverage of
areas east and west of the city and county.
Magellan is presently the only firm in this area
of upstate New York to be approved by Lending
Tree and RealEstate.com as a preferred REALTOR.
Magellan is a 100%
woman-owned company that believes
in acting as a socially responsible role model
for other businesses.
Consequently, Magellan sets aside a Community Service
Fund equal to 1% of gross commission dollars,
per office, to be spent locally meeting the
needs of the homeless as well as other worthy
causes.
We don't just sell real estate. We are active partners
within the community we live in.
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A bit About Brian Mount
 For over 28
years, Brian has assisted others in the buying,
selling, and management of real estate. Max,
the Great Pyrenees you see here, hasn't' been
practicing quite as long. He's more interested
in protecting real estate than selling it!
Brian is an
Associate Broker and a Seniors Real Estate
Specialist (SRES) - a designation held by
fewer than 1% of all REALTORS nationwide.
Brian is a
registered Real Estate Instructor in the
state of New York and has taught real estate
licensing courses to both salespersons and
brokers throughout the state. Brian also
teaches marketing, statistics, business law, and
management theory at both the undergraduate and
graduate levels.
He has a B.S. and an M.A. from the University of Illinois
at Urbana-Champaign, an MBA from Michigan State
University's Executive MBA Program, and has
undertaken Ph.D. studies in Urban and Regional
Planning at the University of Illinois
Urbana-Champaign.
Collegiate teaching experience includes the University of
Illinois at Urbana-Champaign, Medaille College,
Bryant & Stratton College, and Walsh College.
Brian Mount
Broker Associate, SRES
Magellan Realty & Relocation
395 Garnsey Rd.
Pittsford, NY 14534
585.223.0596 (H)
585.503.8160 (C)
E-mail:
rares@rochester.rr.com
Web Site:
www.rares.org/profilesmagellan.htm
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Tips for Showing Your Home to its Best Advantage
Buyers can only judge what they can see. As a
seller, you have to make sure you're showing them
what you've got. That means making sure each room
is easily identified. So get rid of that desk and
computer in the dining room. Make sure buyers can
see it's a dining room.
Remove rugs to show off hardwood floors and take
personal pictures off the walls. The less the eye
has to distract it, the bigger a room feels. People
buy what they see. If they can't see the floors or
the walls, they won't buy the house.
And regardless of the size of your house, clear the
counters in the kitchen. You do not want all the
small appliances sitting on the counter. It will
start looking very cluttered very fast. And take
all of the pictures and magnets off of the
refrigerator!
Are your closets overstuffed? If you've been
putting off donating items, before you list your
house is the best time to do it. Closets where
buyers can see the floor and clothes hung
comfortably from rods show much larger. And if you
want to hang onto that stuff rather than donate it,
then take your out-of-season clothes and store
them. Even if they're in a bin in the garage, under
the bed, or stacked neatly in the basement, it's
better than an overstuffed closet.
A professional stager can help in selling your home
and maximizing your return on investment. Contact
me for names and suggestions on stagers.
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Renting Out Your Home: Landlord 101
Sometimes situations call for renting your home
rather than putting it on the market. A real estate
specialist like myself can help expose you to a
bigger market, but we're not always needed for what
is essentially a simple transaction. Here's my
advice.
First, draw up a good lease. Sample leases are
available on the Internet or I can point you toward
some. Even on a month-to-month lease, you're best
protected when you have a lease in place.
Second, advertise strategically. In this regard I
have two words, "Craig's List." Forget newspapers.
Place your ad online and reap the benefits. Craig's
list has the greatest # of viewers and the best
price (free).
Third, check the credit background of your
prospective renter. They may look good, drive an
expensive car, and still be a risk. I made this
mistake in renting a home of my own to a well-known
former local attorney. This particular workman's
comp attorney (I say former because he's now
disbarred), skipped on me and cost me a bundle. Do
your homework. Credit checks are not that expensive
and will save you headaches down the line.
Fourth, pay a real estate attorney to review your
lease. You're leasing out your most expensive
asset. No matter how smart you think you are, let
someone whose job it is to review real estate leases
protect you. Does your lease call for the inclusion
of taxes and utilities? Should it? Again, you'll
save on the headaches later.
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Both Buyers & Sellers save with Magellan's RARES
Discounts
Are you aware that
members of RARES and their families (that's over
434,000 individuals in upstate New York) an get cash
back at closing when they utilize my services in
buying or selling a home?
Real estate firms
may negotiate their commissions when listing a home
but
only Magellan is authorized by the
New York Department of State to offer RARES members
a cash back at closing settlement to buyers as
well.
You
can receive anywhere from $375 to as much as $2,250
cash back at closing regardless of whether you are
buying or selling your
home (depending upon the purchase or selling
price). If you're buying, that's your first month's
mortgage payment!
For more
information on Magellan's Buyer & Seller credits for
RARES members, call us at (585) 503-8160 or view
our page on the
RARES web site.
RARES stands for the
Regional Area Recreation and Employee Services
Association. Magellan is proud to be a supporting
Member of RARES.
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Quick
Links
School District Information
For Seniors Only
City Living
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Brian Mount
Magellan Realty, Inc.
311 Alexander St., Suite 315
Rochester, NY 14604
585-503-8160 (cell)
585-223-0596 (direct)
585-325-3990, x104
www.rares.org/profilesmagellan.htm |
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What's this?
The RARES web site
contest is open to RARES members only. For information on
membership, click
here.
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Important
information on foreclosures, short sales, etc., and how they affect your
credit scores -
more
Presentations on Rochester's History
Looking for a speaker for your
group or special gathering? Educator and facilitator Brian Mount has
developed a series of ten presentations on
Rochester's history including three presentations on the
history and architecture of some of Rochester's most beautiful and
interesting churches. For more information on this or his other
presentations on the Mansions of East Avenue, Rochester's Parks, the Erie
Canal, Mansions of the Corn Hill area and more, contact Brian -
more
Useful Links
for Home Buyers & Sellers . . .
Searching for a Home?
For Seniors
Only
School District Information -
By District
City Living
Things to Do
Arts & Culture
Places of
Worship
Rochester Employment
Local News
Tips for Homebuyers
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RARES
Brian Mount, CEO
395 Garnsey Rd.
Pittsford, NY
14534-4543
Tel: 585-223-0596 or
585-503-8160
Fax: 585-223-4055
Email Us |
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home
·
discounts
·
newsletter
·
seminars
· membership
· FAQs
· order tickets
· contact
us
Several .pdf files within this website require
Adobe Reader, which you may download for free
here.
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© 2001, © 2007 by
the Regional Area Recreation and Employee Services Association. All
rights reserved.
Web site hosting and technical support graciously supported
by
Microbillboard.com
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