Archive for the 'Industry Updates' Category
With Eight Offices and Nearly 400 Agents, the Fast-Growing Firm
Will Change its Name to Real Living Lifestyles
San Diego, Calif. (March 22, 2011) – Exclusive Properties, one of the largest, most successful and respected residential real estate firms in San Diego County and a current franchisee of Exclusive Properties Real Estate, announced it has selected Real Living as its new franchisor. Additionally, the company announced its name will change to Real Living Lifestyles next month.
Ranked as one of the top five residential real estate firms by the San Diego Business Journal, the fast-growing, highly acclaimed company has experienced unprecedented growth, increasing in size to nearly 400 full-time sales professionals, working out of eight offices. During 2008-2009, the company experienced 77 percent growth in sales volume followed by an equally impressive 50 percent growth in 2009-2010.
With the backing of Real Living combined with its reputation as San Diego County’s most innovative and service-oriented real estate firm, the company expects to buck the real estate downturn this year by adding offices and agents.
“With our extreme growth the past few years, we have attracted quite a bit of attention and were presented with a number of opportunities to expand even further,” said Steve Rodgers, president/owner of Exclusive Properties. “Real Living is a tremendous fit for us. Our agents will now have even more tools and resources at their fingertips to better serve home buyers and sellers.”
Prior to his current position, Rodgers was president and CEO of Prudential California Realty, Southern California, a Berkshire Hathaway-owned firm.
Founded in 2001 by longtime San Diego real estate industry executives Mark Loscher and Jim Browne, along with Robert and Robin Behic, the company is now poised for even further expansion as Real Living Lifestyles. Both Loscher and Browne will continue as owners, playing key roles with the company.
“Bringing this entire team of incredibly talented professionals into the Real Living family is a huge, huge win for us,” said Harley E. Rouda, Jr., president of Real Living. “We’re extremely proud to partner with a firm of this caliber, whose reputation for market expertise, customer service and innovation is unsurpassed.”
“At the end of the day, we have the best of both worlds to offer our agents and their clients: we’re locally owned and operated but backed by the formidable resources of Real Living and Brookfield Residential Property Services,” Rodgers said.
About the Company
With its new franchise affiliation, Real Living Lifestyles will be one of the largest residential real estate brokerage firms in San Diego County, offering locally owned and operated services designed to support agents and serve clients. For more information, visit: http://rllifestyles.com/.
Although Congress passed this law back in 2007 and extended it through this year (2011), this remains a common question for owners of real estate. Mortgage insurance is typically a monthly expense that occurs when a property is purchased with less than 20% down payment or refinanced with less than 20% equity.
Homeowners who itemize their income tax deductions on the Federal Schedule A tax form can claim the PMI by entering it on line 13, in the section entitled “Interest You Paid”. You should find this figure on the form 1098 mailed to you by your lender at the beginning of each new year. The deduction may be taken for coverage issued by the Federal Housing Administrations (FHA), Veterans Administration and the USDA Rural Housing Service as well as private insurers.
There are, of course, limitations and restrictions. For example, the PMI deduction is allowed provided you took out the mortgage on or after January 1, 2007. The total amount you may deduct may be limited or reduced based on your income and how you file (for example, married filing jointly vs. married filing separate returns). Above those maximum income limits the percentage of PMI you may deduct is reduced for every $1,000 that your income exceeds your particular limit. The current law allows this deduction through the end of this year.
For more general information checkout the following link on Bankrate.com:Deducting private mortgage insurance http://www.bankrate.com/finance/taxes/deducting-private-mortgage-insurance.aspx#ixzz1Gand6lk2
Nothing discussed above should be construed as tax advice. Heed the caveat and always seek advice from a tax professional.
Paul Gonzales, Countywide Mortgage Lending (760) 746-7388 [email protected] NMLS CA-DOC290493
Steve Rodgers, Mark Loscher and Jim Browne, owners of Exclusive Properties, announced their top agents for 2010 on Wednesday March 9th at a beautiful reception held at The Courtyard at Santaluz. This ad appears in the San Diego Union Tribune newspaper congratulating these amazing team members for their dedication and commitment.
Special recognition went to team leader Marie Jo Atkins for #1 Overall Sales Production; the Diane Teti & John Olenik team as #1 for Transactions Closed; Individual #1 for Overall Sales Production is Katharina Thinnes; and Individual #1 for Transactions Closed is Michele Massion.
Top Teams/Partners are Marie Jo Atkins, Diane Teti & John Olenik, Daniel Greer Homes, Robbi Campbell Properties, Sergio and Rina Poplawsky, Cay Bohnsack and Carly Bohnsack, Dallas Woodring, Joanna Woolley and Pam Parton, Sara Driscoll and Daryl Petsch, The Campbell Group/Steve & Linda Campbell & Tesha Buchan, Barbara Stuart and Ashley Stuart, Diane Orvis and Megan Orvis, Gretchen and Alan Pagnotta, Jenn Blake and Lennie Fernandez, Scott Peck and Bob Griswold, Karen Rewoldt and Ryan Rewoldt, Barrie and AnneMarie Crake.
Top Individual Agents are Katharina Thinnes, Michele Massion, Danette Dils, Jeff DeChamplain, Carol Mohan, Nick Bednorz, Eric Woods, Gini De Armas, Bruce Levine, Craig Levitt, Duetta Bellamy, Mike Yazdani, Shayla Hope, Debra Fine, Catherine Thoreson.
Diane Hogencamp Joins Exclusive Properties as Carlsbad Village & Carlsbad Faire Manager
Diane Hogencamp, a real estate veteran of nearly 22 years and a native from the Carlsbad area, has joined Exclusive Properties as Branch Manager of the Carlsbad Village and Carlsbad Faire offices.
“We are thrilled to have Diane join our leadership team! I have known her over 15 years and have seen her evolve from a top agent many years ago to a very productive and successful manager. She has helped hundreds of agents find success and helped build bridges to achieve their goals and dreams. Diane will be a great addition to our Carlsbad Village and Carlsbad Faire offices and a wonderful asset to our overall leadership team! We look forward to even more success with her helping us guide our agents and staff team members,” said Steve Rodgers, President, Owner/Partner of Exclusive Properties.
“I am very excited about this great opportunity and look forward to working with our agents,” said Diane.
Diane Hogencamp most recently was branch manager for several offices in North County with another large residential real estate brokerage.