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        <title>Seaport Advisory</title>
        <link>https://tim.seaportre.com/blog/</link>
        <description>Data-driven real estate insights, valuation, and strategy across Southeastern CT and Southern RI. Research-backed guidance for buyers, sellers, and investors.</description>
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    <guid>https://tim.seaportre.com/blog/2023-ct-mill-rates.html</guid>
    <link>https://tim.seaportre.com/blog/2023-ct-mill-rates.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>2024 CT Mill Rates</title>
    <description> <![CDATA[ 




 


Connecticut's real estate taxes can vary greatly depending on the municipality and districts within them.  The graphic above illustrates the base rates for each town. Additional rates are applied to specific locations where services are provided.  These services can include public water, sewer, trash removal,  police services, or a firehouse.  A town or district with a lower Mill rate may not offer these services.  Your real estate agent will be able to help you to determine the services offered and their importance to you when purchasing real estate. The average property tax rate in CT for 2024 is $28.93, with the highest being Hartford at $68.95 and the lowest being Salisbury at $11. 


How to Calculate Connecticut Property Taxes


The formula to calculate Connecticut Property Taxes is (Assessed Value x Property Tax Rate + any district tax)/1000= Connecticut Property Tax. Take the Assessed Value of the property, multiply it by the Property Tax Rate, and divide it by 1000.


For example, if a home on Masons Island in the town of Stonington is assessed at $1,000,000. Stonington has a base mill rate of $17.45, and Masons Island has a district tax of $1.60 for every $1,000 assessed value.  The property taxes for the home on Masons Island is $26,060 a year.


($1,000,000 x (23.66+2.40))/1000= $19,050 


How Commercial Properties Play a Role in the Taxes that you pay


The textbook definition of a Mill Rate focuses primarily on the current market value of your home. In appreciating real estate market cycles, your tax bill often follows suit when home values increase. Obviously, this means your taxes can increase even when the mill rate remains unchanged. It also implies that your home's value affects the amount of taxes you pay. At the same time, your town’s mill rate may be increased even while the assessed amount of your home’s value for tax purposes is in decline. Many times it overlooks exterior market forces and conditions that influence whether your town's Mill Rate and in turn, your taxes, may be increased or decreased. 


For example -  Towns with a large commercial tax base in the form of occupied Shopping Malls, Restaurants, Retail, Office &amp; Industrial spaces will typically generate a lower Mill Rate, resulting in a more affordable tax bill for YOU. Pay close attention to those towns, like Waterford, whose tax base was supported by a shopping mall that is in default and on its way out. 


By the same token, if you reside in a town that has not created a larger pool of commercial tax revenue, this shortfall may be passed on to you the local homeowner, resulting in higher taxes you are required to pay.


**The exception to this rule would be rural and sparsely populated towns that do not offer services in the form of public water, sewer, and trash removal. Despite a limited commercial tax base, mill rates in these zip codes often remain relatively low.** 







































Seaport Real Estate Services specializes in monitoring communities with the most budget-friendly property options. Our assessments consider factors such as median household income, median sale price, standard home features, and interest rates. Reach out to us today to devise a tailored plan for your ideal home purchase location.
 ]]> </description>
    <pubDate>Tue, 30 Jul 2024 12:41:00 -0400</pubDate>
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    <guid>https://tim.seaportre.com/blog/temporary-buydowns-an-alternative-to-price-reductions.html</guid>
    <link>https://tim.seaportre.com/blog/temporary-buydowns-an-alternative-to-price-reductions.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>Temporary Buydowns: An Alternative to Price Reductions.</title>
    <description> <![CDATA[ 
The reality of price reduction is that when a seller lowers their price, the buyer may not know that the price has been reduced, and they likely don’t really care, because they will begin their negotiation from the new, lower price. When this happens, the seller gets no credit for reducing the price, and that is a shame. Also, after a seller or builder has done a price reduction, they are much less likely to entertain the thought of another one. So, reducing price is not always the best option if that leaves no further room for negotiations, which is understandable.


 When the buyer looks for financing, they are seeking the lowest interest rate available on the mortgage, with 0 points. As you know, a buyer can pay a point or two and get a lower interest rate for the life of their loan, but this is not really an ideal situation. The upfront expense for the points does not actually give a dramatically lower interest rate, or mortgage payment. And the time to break even on the expense of the points is too long.


 For example, let’s assume someone is purchasing a home and looking to get a mortgage for $500,000:




If they chose a 30 Year Fixed Rate at 6.75 with 0 points, their monthly p/i would be $3243.00.


Paying 1 point, which would cost $5000, might get them 6.50 or 3160.34 per month, a difference of $83.00. It would take them 5 years to make up the $5000 extra expense.


This scenario, paying a point or more as an upfront fee, to get a lower rate for the life of the loan, is known as a Permanent Buydown. 




But what if we could arrange for these folks to get a 30 Year Fixed Rate and allow them to make reduced payments for the first 2 years they are in the house? This type of financing is available…it’s called a Temporary Buydown. This is a financing arrangement where an upfront fee is paid to reduce the mortgage rate for the first 2-3 years, resulting in lower monthly payments in those years.


Temporary Buydowns were very popular in the mid-1980s to early 1990s. I did these types of loans on a regular basis because rates were much higher in those days. Since the mid-1990s these loans have not been utilized due to the ultra-low rates available, but with the rise in rates since 2022 Temporary Buydowns are once again becoming popular. In fact, most large builders in Florida, Texas and on the West Coast are offering them as an incentive to help boost sales.


 The most popular type of Temporary Buydown is a 2-1 Buydown, where a buyer closes on a fixed rate mortgage, say at 6.75, but the rate and monthly payment is reduced to 4.75 in Year 1, and 5.75 in Year 2. This gives the borrowers much lower payment in the first 2 years. Here is the payment breakdown for our $500,000 borrower using a 2-1 Buydown:







  The monthly payment in Year 1 is $634.75 lower than the fixed rate payment. That is almost a 20 monthly payment reduction.


In Year 2 the monthly savings is $332 or 10.2. 




So how does that happen? How can we allow the borrower to pay 20 lower in the first year on a fixed rate loan, and 10 lower for the second year? The answer is that the difference in the monthly payments is collected upfront at closing, and the funds are deposited into an escrow account. For the first 2 years, while the borrowers are making the lower payment, the monthly difference is withdrawn from the escrow account and applied to the payment so that the borrower is paying the full, amortizing payment on their loan.  Here is what the cost of a 2-1 Buydown looks like for this scenario:


$500,00 Loan Using a 2-1 Buydown


 Level Payment under the note at 6.75 = $3249,99





  If we divide the total subsidy cost of $11,518.56 into the loan amount of $500,000 it equals 2.30.


For the dollar equivalent of 2.3 points the borrower can achieve a significant reduction in their mortgage payments for the first 2 years. This, in my opinion, is an excellent negotiating tool in many situations, possibly for a first-time buyer or new construction clients. Rather than reducing the price, a transaction could be structured so that the seller agrees to pay the 2.3 points to give the buyers the lower payments for the initial 2 years.


 So, who might benefit from this type of a transaction:




1st time buyers. The buydown allows them to ease into the higher mortgage payment which may be much more than they currently pay while renting.


Buyers with large student loan payments. The buydown allows them to pay extra on the student loans.


Buyers who have not sold their present home but have found their dream house and want to proceed with the new purchase.


Buyers seeking to relocate here from other less expensive metropolitan areas.


2nd home buyers who are not accustomed to carrying 2 mortgages.


Buyers retiring soon who have another home to sell.


Young buyers who are having a child soon and will be taking parental leave with less income.


Buyers looking to resume their education or attend graduate school, who will have less income for a couple of years.




The maximum allowable seller concession per the Agencies is 6, so on a $500,000 mortgage that is $30,000. A 2-1 buydown is not even close to the maximum 6  concession, and that leaves room to include closing costs as well. If closing costs were $13,000 that would make the total seller concession $24,518 which is 4.9.  To learn more about Buydowns , or any mortgage related question please contact me .

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    <pubDate>Tue, 20 Feb 2024 04:58:00 -0500</pubDate>
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    <guid>https://tim.seaportre.com/blog/the-power-of-your-circle-why-the-people-around-you-matter-for-your-growth.html</guid>
    <link>https://tim.seaportre.com/blog/the-power-of-your-circle-why-the-people-around-you-matter-for-your-growth.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>The Power of Your Circle: Why the People Around You Matter for Your Growth</title>
    <description> <![CDATA[ 
In the journey of personal and professional growth, one factor that often gets overlooked is the impact of the people we surround ourselves with. This isn't just about networking or forming strategic relationships; it's about understanding how our immediate circle can significantly influence our path to scalability and success.


1. Inspiration and Motivation


When you're in the company of motivated, ambitious individuals, their drive can be contagious. These are the people who challenge the status quo, push boundaries, and aren't afraid to dream big. Their energy can serve as a powerful source of inspiration and motivation, pushing you to aim higher and strive for greater achievements.


2. Knowledge and Skill Sharing


Each person in your circle brings a unique set of skills and knowledge. By surrounding yourself with a diverse group, you open yourself up to a world of learning opportunities. This doesn’t just amplify your skillset but also broadens your perspective, allowing you to approach challenges in more innovative ways.


3. Support and Resilience


The path to growth is rarely smooth. It's filled with challenges and setbacks. Having a supportive network provides a safety net during these times. These individuals offer encouragement, advice, and sometimes, a much-needed reality check. Their support can be crucial in helping you bounce back stronger and more resilient.


4. Accountability and Growth


Good companions don't just cheer you on; they also hold you accountable. They're the ones who remind you of your goals and push you to stay on track. This sense of accountability is vital for personal growth and scalability. It ensures that you're not just setting goals but also taking consistent steps towards achieving them.
 ]]> </description>
    <pubDate>Sat, 06 Jan 2024 08:05:00 -0500</pubDate>
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    <guid>https://tim.seaportre.com/blog/navigating-the-tides-of-change-housing-affordability-in-connecticuts-coastal-towns.html</guid>
    <link>https://tim.seaportre.com/blog/navigating-the-tides-of-change-housing-affordability-in-connecticuts-coastal-towns.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>Navigating the Tides of Change: Housing Affordability in Connecticut's Coastal Towns</title>
    <description> <![CDATA[ 




In the span of over two decades, Connecticut's coastal towns have painted a picturesque scene of New England charm and scenic waterfronts. However, beneath the surface of these idyllic communities lies a growing concern: the rising tide of housing prices, surging far faster than their residents' incomes.


ConnecticutCoast HousingMarket EconomicTrends


Over the last 23 years, data reveals a trend that could reshape the fabric of towns like Stonington, Darien, and New Haven. While median household incomes have seen modest growth, median selling prices for homes have soared, in some cases, to more than double the income growth percentage.


AffordableHousing IncomeGrowth RealEstateTrends


In Stonington, for example, incomes have risen by 3.27, while housing prices have jumped by 12.67. This disparity is not unique to Stonington; it's a common thread woven through the data of nearly every coastal town surveyed.


StoningtonCT HousingCrisis EconomicDisparity


What does this mean for current and future residents? It's a complex tapestry of economic and social implications:






The Challenge of Homeownership: As the dream of owning a home drifts further out to sea, younger generations might find themselves anchored down by the weight of housing costs that outpace their earnings.


HomeOwnership MillennialChallenge HousingBubble






The Risk of Economic Gentrification: Areas experiencing significant housing price increases could be undergoing a transformation that, while signaling economic vitality, might also lead to the displacement of long-standing community members.


Gentrification CommunityChange EconomicShifts






The Need for Sustainable Solutions: This data is a buoy marking the need for action. Local governments, community leaders, and residents must navigate these waters together to develop strategies that ensure affordable living options remain available.


SustainableLiving PolicyChange CommunityAction






The story of these coastal towns is a microcosm of a national issue, reflecting a broader need to balance growth with affordability. It is time for concerted efforts to address the rising tide of housing prices to maintain the diverse, vibrant communities that have long defined Connecticut's shoreline.


NationalIssue EconomicBalance CommunitySolutions


As we continue to track these trends, we must ask ourselves: How will we steer our community ships through these changing tides? The answers we find will shape the shores of our towns for generations to come.


FutureGenerations EconomicForecast CommunityDevelopment
 ]]> </description>
    <pubDate>Wed, 20 Dec 2023 05:47:00 -0500</pubDate>
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    <guid>https://tim.seaportre.com/blog/the-beauty-of-cancellation-or-last-minute-no-show.html</guid>
    <link>https://tim.seaportre.com/blog/the-beauty-of-cancellation-or-last-minute-no-show.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>The Beauty of Cancellation or Last Minute No Show.</title>
    <description> <![CDATA[ 



In the whirlwind of our daily lives, we often find ourselves meticulously planning every minute, leaving little room for spontaneity. However, life has a funny way of throwing unexpected curveballs our way, such as last-minute cancellations or no-shows. While these moments may initially be met with frustration or disappointment, there's a hidden beauty in embracing them. Let's explore how unexpected cancellations and no-shows can be opportunities for personal growth, self-discovery, and a fresh perspective on life.


1. Unexpected Free Time


Cancellations open up a slot in your schedule that you didn't anticipate. Instead of viewing this as time wasted, consider it an opportunity. This newfound free time can be used for self-care, pursuing hobbies you love, catching up on rest, or finally tackling those tasks you've been postponing.


2. Flexibility and Adaptability


Life rarely goes exactly as planned. Learning to adapt to changes in plans not only builds flexibility but also empowers you to handle unexpected challenges with grace. It's an opportunity to develop resilience and a valuable life skill.


3. Surprise and Spontaneity


When plans suddenly change, it can lead to spontaneous adventures or experiences. Embrace the opportunity to break from your routine and try something new. You might discover hidden gems or talents you never knew you had.


4. Reflection and Mindfulness


Use this unexpected downtime for introspection. Take a moment to pause, breathe, and be present in the moment. It's a chance to appreciate the quiet or the simple joys of life, which are often overshadowed by our busy schedules.


5. Connection with Others


If the cancellation involves meeting someone, consider alternative ways to connect. A phone call or a rescheduled meeting can lead to more meaningful interactions. Sometimes, the best conversations happen when you least expect them.


6. Appreciation for Future Plans


Experiencing cancellations can make you more appreciative of the times when plans do go through. It adds value to moments spent with others, making you cherish those occasions even more.


7. Exploration of New Options


Suddenly free time might lead you to explore new interests. Whether it's delving into a captivating book, visiting a park you've never been to, or trying a new hobby or skill, these experiences can be truly enriching.


8. Reduction of Stress


If you were feeling overwhelmed or overbooked, a cancellation can provide unexpected relief. Use this time to recharge, reduce stress, and regain your equilibrium.


9. Chance for Self-Improvement


Make the most of the time by engaging in self-improvement activities. Consider reading, taking online courses, or dedicating time to exercise. Turn the unexpected gap into a period of personal growth and fulfillment.


10. Gratitude Practice


Practice gratitude by focusing on what you do have, rather than dwelling on what you're missing out on. Shifting your mindset towards positivity and contentment can have a profound impact on your overall well-being.


Unexpected cancellations and no-shows need not be viewed as mere inconveniences. They are opportunities for personal enrichment, self-discovery, and a reminder that life's beauty often lies in the unplanned moments. So, the next time life throws you an unexpected twist, embrace it with an open heart and a positive mindset, for therein lies the true beauty of living in the moment.
 ]]> </description>
    <pubDate>Mon, 11 Dec 2023 06:35:00 -0500</pubDate>
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    <guid>https://tim.seaportre.com/blog/commercial-property-owners-do-not-make-these-mistakes-before-selling.html</guid>
    <link>https://tim.seaportre.com/blog/commercial-property-owners-do-not-make-these-mistakes-before-selling.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>Commercial Property Owners Do not make these mistakes before selling.</title>
    <description> <![CDATA[ 



Maximizing Long-Term Value in Real Estate and Business Sales: Top 5 Strategic Mistakes to Avoid


By Tim Bray, Broker/Owner, Seaport Real Estate Services


Hello, I'm Tim Bray, the broker/owner of Seaport Real Estate Services and a graduate in Real Estate &amp; Urban Economics from UConn. Through my years of experience, I've seen how focusing on short-term gains can lead to long-term challenges in real estate and business sales. Let's explore the top five strategic mistakes to avoid for maximizing long-term sale values.


1. The Pitfall of Underreporting Income Underreporting income, particularly through cash transactions, may offer short-term tax benefits, but it drastically reduces your property's perceived profitability and legal standing. Accurate financial reporting is essential for a fair market valuation.


2. The Cost of Deferred Maintenance and Repairs Delaying maintenance and repairs can save costs in the short term but often results in lower market prices. Regular maintenance and timely repairs enhance your property's value, making it a more lucrative sale.


3. The Risks of Overleveraging Leveraging is a powerful tool in real estate, but overleveraging is risky. High debt levels can make your property less attractive due to the increased financial risk, impacting its market appeal.


4. Ignoring Market Trends and Tenant/Client Needs Staying attuned to market changes is crucial. Ignoring trends or evolving tenant and client needs can make your property or business less competitive. Embracing change ensures your asset remains in demand.


5. Lack of Long-Term Strategic Planning A clear growth trajectory or potential for future development makes properties more appealing to buyers. Consider future market potentials and plan accordingly to maximize long-term value.


In conclusion, focusing on long-term strategies ensures not only a successful sale but also maximizes your returns. If you're looking to sell or need advice, feel free to reach out to Seaport Real Estate Services. We're here to help you achieve the best outcomes.
 ]]> </description>
    <pubDate>Tue, 05 Dec 2023 06:49:00 -0500</pubDate>
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    <guid>https://tim.seaportre.com/blog/better-to-let-a-fool-win-a-debate-than-to-lose-your-peace-wisdom-lies-in-choosing-your-battles.html</guid>
    <link>https://tim.seaportre.com/blog/better-to-let-a-fool-win-a-debate-than-to-lose-your-peace-wisdom-lies-in-choosing-your-battles.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>Better to let a fool win a debate than to lose your peace. Wisdom lies in choosing your battles</title>
    <description> <![CDATA[ 
&quot;Have you ever found yourself in a debate where winning seemed less important than maintaining peace?&quot; 


Better to let a fool win a debate than to lose your peace. Wisdom lies in choosing your battles.





In today's increasingly polarized world, where opinions and beliefs often clash with high intensity, the value of preserving relationships and inner peace becomes paramount. This perspective is not just about avoiding conflict; it's about recognizing the deeper importance of human connections and personal well-being over the fleeting triumph of winning an argument.


The Cost of Winning at All Costs:




Relationship Strain: Insisting on winning an argument, especially on sensitive topics, can strain relationships. Friends, family members, and colleagues can become alienated, leading to a breakdown in communication and trust.


Emotional Toll: Engaging in heated debates can take a significant emotional toll. Stress, frustration, and anger can accumulate, affecting mental health and overall well-being.


Echo Chambers: In a bid to always be right, individuals might surround themselves with only like-minded people. This creates echo chambers that reinforce one's own beliefs and opinions, reducing exposure to diverse perspectives.




The Value of Peace and Understanding:




Emotional Intelligence: Choosing to prioritize peace demonstrates emotional intelligence. It involves understanding and managing one's emotions and empathizing with others, leading to healthier interactions.


Long-Term Relationships: By valuing relationships over arguments, long-term bonds are strengthened. This approach fosters a supportive and understanding environment, beneficial for all parties involved.


Personal Growth: Avoiding unnecessary arguments can lead to personal growth. It opens up opportunities to listen, learn, and possibly re-evaluate one's own stance. This is not about conceding or suppressing one's beliefs but about being open to growth and change.


Societal Harmony: On a larger scale, when individuals prioritize peace and understanding, it contributes to societal harmony. It sets a precedent for constructive dialogues, mutual respect, and collaborative problem-solving.




Balancing Act:


It's important to note that this doesn't mean one should never stand up for their beliefs or engage in debates. It's about choosing battles wisely and recognizing when engaging in an argument is unlikely to be productive or beneficial. It's a balancing act between expressing oneself and knowing when to step back for the greater good of peace and harmony.
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    <pubDate>Thu, 30 Nov 2023 05:26:00 -0500</pubDate>
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    <guid>https://tim.seaportre.com/blog/major-distress-for-commercial-properties-nationally.html</guid>
    <link>https://tim.seaportre.com/blog/major-distress-for-commercial-properties-nationally.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>Major Distress for Commercial Properties Nationally</title>
    <description> <![CDATA[ 
In the world of commercial real estate, the Debt Service Coverage Ratio (DSCR) is a critical metric that plays a pivotal role in the refinancing of properties. A DSCR lower than 1.2 often signals trouble, and recent trends across the country have shown an alarming 602 increase in properties grappling with this issue. However, the impact is not uniform across the board, as we'll see in the case of Connecticut, particularly in New London County.


National Context: Nationally, the picture is stark. In just the last 30 days, properties in distress have skyrocketed from 5,562 to a staggering 33,495, covering about 1.5 billion square feet of space. This surge reflects a significant shift in the commercial property landscape, indicating a broad-scale challenge in refinancing.


Focus on Connecticut: Zooming into Connecticut, the situation appears less dire but still noteworthy. The state has 456 properties potentially facing refinancing difficulties, amounting to 24.4 million square feet. While these figures are substantial, they're relatively minor compared to the national scenario.





Regional Variations within Connecticut: The impact within Connecticut is uneven, with significant variations across counties:




New London County: Here, we see a relatively insulated scenario with only 21 properties in distress, representing a mere 4.6 of the state's total. This suggests a more robust local market or better financial health among property owners.


Fairfield County: In contrast, Fairfield County is the hardest hit, with 39.47 of the state's troubled properties. This could be indicative of higher market volatility or a concentration of high-risk investments.


Hartford County: Following closely, Hartford County sees 31.8 of the state's properties struggling with DSCR issues.







Analysis: The reasons behind these regional disparities could be manifold. Economic activities, property types, and local market conditions play significant roles. New London County's resilience might stem from a diversified economy or prudent financial management in its real estate sector, whereas Fairfield and Hartford Counties might be experiencing the brunt of market fluctuations or sector-specific downturns.


Implications :For property owners, investors, and lenders in these regions, these trends are a clarion call for vigilance and strategic planning. The data suggests a need for a nuanced approach to investment and refinancing decisions, particularly in areas with higher distress percentages. As the landscape evolves, staying informed and seeking expert advice could be crucial in navigating these challenges.


In conclusion, the real estate maxim of &quot;location, location, location&quot; proves its worth yet again, not just in property valuation, but also in the realm of refinancing opportunities. The varied impact of DSCR across Connecticut's counties highlights the intricate interplay between regional economic health and real estate viability.


Stay tuned to this space for more insights into the dynamic world of commercial real estate. For personalized advice or deeper analysis, don't hesitate to reach out to our team of experts.
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    <pubDate>Tue, 28 Nov 2023 07:33:00 -0500</pubDate>
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    <guid>https://tim.seaportre.com/blog/on-the-path-to-the-elite-ccim-designation-at-seaport-commercial.html</guid>
    <link>https://tim.seaportre.com/blog/on-the-path-to-the-elite-ccim-designation-at-seaport-commercial.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>On the Path to the Elite CCIM Designation at Seaport Commercial</title>
    <description> <![CDATA[ 



We're incredibly proud to spotlight Kyle Schrader, one of our most dedicated and industrious realtors. Kyle is consistently striving for excellence, and is currently working diligently to obtain the prestigious CCIM designation.


???? What is the CCIM Designation? The Certified Commercial Investment Member (CCIM) designation, administered by the CCIM Institute, is among the most esteemed credentials in the real estate world. Achieving this signifies expertise in financial, market, and investment analysis, and exceptional negotiation skills. Those who earn this are recognized as leaders in the commercial investment real estate sector.


???? Why is the CCIM Designation a Game-Changer?




Mastery in Financial Analysis: CCIMs make data-driven decisions, understanding market trends to analyze potential investments with precision.


Advanced Negotiation Skills: They have the ability to manage complex deals, ensuring optimal outcomes for clients.


Global Network: CCIMs join a global network of top professionals, offering unparalleled access to opportunities and insights.


Ethical Standards: They are bound by a strict code of ethics, ensuring integrity and professionalism.




???? Benefits to Our Clients:




Superior Expertise: Kyle's journey towards becoming a CCIM ensures our clients receive top-tier guidance.


Better Investment Decisions: His knowledge will empower clients to make informed, profitable decisions.


Wider Opportunities: Through the CCIM network, clients gain access to exclusive opportunities globally.


Trust and Credibility: Working with a CCIM designee means partnering with a proven professional.




In a world where knowledge is power and expertise invaluable, Kyle's pursuit of the CCIM designation exemplifies his commitment to his craft and our clients. We're thrilled for the future and are certain that with Kyle’s skills, our clients are in the best hands.


???? Contact Kyle Schrader at Seaport Commercial




???? Email: Kyle@seaportre.com


???? Phone: 860-333-3242




Join us in celebrating Kyle's journey towards excellence ????????

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    <pubDate>Tue, 31 Oct 2023 07:17:00 -0400</pubDate>
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    <guid>https://tim.seaportre.com/blog/the-daily-voicemail-hack-elevate-your-professional-game.html</guid>
    <link>https://tim.seaportre.com/blog/the-daily-voicemail-hack-elevate-your-professional-game.html</link>
        <author>tbray@seaportre.com (Tim Bray)</author>
        <title>&quot;The Daily Voicemail Hack: Elevate Your Professional Game&quot;</title>
    <description> <![CDATA[ 
In the fast-paced world of real estate, every call could be a game-changer. Commission-based professionals often find themselves tethered to their phones, living in fear of missing that one pivotal call. But what if I told you there's a way to reclaim your freedom, stand out from the crowd, and still come off as the top-notch professional you are? Enter: The Daily Voicemail Hack.


????**Why Update Your Voicemail Daily?**????


1. Stand Out from the Crowd


Every time you miss a call and the caller hears your updated voicemail, they immediately recognize your dedication and commitment. It's a clear indicator that you're on top of your game and are meticulous in your approach - a trait every client appreciates, especially in the real estate world.


2. Reclaim Your Freedom


By setting clear expectations through your voicemail, you're essentially setting boundaries without having to explicitly state them. If a potential client or partner knows you update your voicemail daily, they'll also know you'll get back to them soon. This lets you take back control of your time, allowing you to focus on tasks without constant interruption.


How to Make It Work




Stay Relevant: Your daily voicemail could touch on the day's date, your main agenda for the day, or even current events or holidays. &quot;Hello, this is Tim Bray from Seaport Real Estate Services. Today is September 28th, and I'm currently showing some exciting new listings. Please leave a message, and I promise to return your call before the day ends.&quot;


Keep It Short and Professional: Your callers are looking for information, not a life story. Keep it concise.


Promise a Callback: Ensure you mention you'll return their call. This manages their expectations and keeps potential clients at ease.




In Conclusion


In the age of digital communication, little personal touches can make a significant difference. By updating your voicemail daily, you're sending a message of commitment, reliability, and professionalism, while also setting boundaries that allow you to manage your time effectively.


Are you ready to upgrade your professional image and enjoy a bit of freedom too? Give the daily voicemail hack a try
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    <pubDate>Thu, 28 Sep 2023 06:02:00 -0400</pubDate>
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