Wishing you and your family a joyful holiday season and a very healthy and happy new year.
View posts: marlene chaker minite
The Mortgage Industry is a powerful, interesting, stressful and yet exciting business. There is never any shortage of action happening, and there are no limits to how much one can grow as long as they are dedicated and motivated to do so. I feel as though no matter how long we’ve been in this industry and how much we feel we may know it, there is always so much more to learn — especially when it comes to the ever changing compliances and guidelines that keeps us all on our toes. Although these changes may be challenging, it is comforting to know that the mortgage industry is here to stay and there is no limit to its potential.
Though there are numerous industry roles and positions, each one is essential to complete and master the game. The saying “one hand cannot clap on its own,” illustrates the reliance needed from every player to complete the task at hand.
We have some exciting news to share with you all! Last Wednesday, our office had the pleasure of hosting a networking event by the California MBA Group and we could not have been more thrilled with the outcome! We had over 100 awesome people come out and we could not have been more thrilled to host such an incredible group of professionals! A huge thank you to all of you for coming and making this event so memorable for myself and my entire team! It was so much fun getting to spend time with you, getting to know some of you better and meeting a few of you for the first time. We truly hope this networking event was beneficial to each of you in some way!
We would also really like to thank Douglas Duncan for attending our event. Many of you know Doug as the Senior Vice President and Chief Economist of Fannie Mae and I couldn’t be more proud to call this incredible man a friend and long time supporter of AAA AMC over the years.
Lately there’s been a lot of talk and debate on whether or not we are going to be experiencing another huge hit in our industry. As a result, you and I have all been worrying how we could afford another hit and manage to come out of it this time around. However, have you read the article that was published on the Fannie Mae site on June 23, 2015 called “Economic Rebound on the Horizon with Q1 Slump in Rearview Mirror,” by Katie Penote? It actually gave me quite a bit of hope for this upcoming quarter and I hope it does the same for you. It states that even with the rise of the U.S. dollar, and the ongoing trials our country has been experiencing in regards to the oil and gas industry, what will keep us afloat is that employment rates are actually on the rise, which means the average household income will also increase, providing a better market for real estate. In fact, they claim that this is likely to assist our economic growth to jump about 3.
I was honored when California MBA requested an interview with me about the challenges facing appraisers in 2015 for their upcoming newsletter and happy to comply. Below is a repost of what they published this week. Thank you to the California MBA for including my thoughts and for featuring AAA AMC on their website.
About AAA-AMC: AAA AMC performs high quality valuations on residential and commercial appraisal products (Single Family, Condo, Multi-Family, FHA, USDA, Field Reviews, Manufactured, New Construction), executed by certified appraisers with over 10 years of experience, performing valuations on average within 48-72 hours. AAA AMC is based in Southern California with a reach of 26 U.S. states. We provide a fully staffed customer service department available Monday through Friday 8:00 am ET – 5:00 pm PT and secure, online 24-hour access to order information.
Just last week I had the honor of attending the Legislative Day Conference with the California MBA group in Sacramento, California. This was my very first time attending this conference and it was such an interesting and eye opening experience. Going there, I knew that we would be hearing from the individuals who are responsible of our compliance and guidelines, but little did I know that I would also have the privilege to personally meet and speak with them.
After we had learned about the new bills being passed, we were grouped into groups of 4-6 individuals and each group was able to walk over to the Capital and meet with the different Senators present and introduce ourselves, our business and explain what we did and where our business was located. We also had the opportunity to express how each bill being passed would impact our business as well as the industry as a whole.
It’s the most wonderful time of the year…or is it?
I feel like it used to be, but we’ve all slowly lost the true meaning of Christmas this past decade or so. What happened? It seems as though Christmas now brings on more anxiety for many, rather than joy. Parents and loved ones feel the pressure to buy every single item on their children’s or significant other’s Christmas list or face disappointing them come Christmas morning. We have to be very careful and sit back and reflect on who exactly is placing that pressure on us. I’ll give you a hint; it’s not our loved ones but rather our misguided society. I can guarantee you that the gift of your time will be treasured much more than any gift you can give.
I feel as though we are now living in the age of entitlement and although we have more, we’re not as happy as we once were. Sure materialistic things give us instant satisfaction, but the joy it brings us quickly fades.