Tag Archives: Keller Williams Realty

It’s almost time for Penrod!

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It’s the 48th year of The Penrod Arts Fair™.  Penrod is one of the nation’s largest single day arts fairs.  Saturday, September 6th, 2014 on the grounds of the Indianapolis Museum of Art. This year’s fair features over three hundred artists, six stages of entertainment, more than 50 arts-related non-profit organizations, and an extensive children’s area.  Also, don’t forget to visit the Indiana Craft Beer Garden!  Billed as “Indiana’s Nicest Day,” it runs from 9:00 a.m. to 5:00 p.m. and is $15 per person for advance tickets and $20 the day of the fair.

For a more elegant option, at $100 per person, you can get a preview at the exclusive An Evening with Penrod™ at The IMA.  This is the Second Annual Evening with Penrod™ and is presented by the National Bank of Indianapolis as an exclusive preview of the Penrod Arts Fair on Friday, September 5th, 2014 from 6:00-10:30 pm on the beautiful grounds of the IMA.  For all the details, click here to visit the website!

So what is the purpose of this annual event?  The Penrod Society is a volunteer organization, strongly rooted in Central Indiana. Their mission focuses on the cultivation, encouragement and development of public interest in and support of those arts, cultural and educational institutions located in and around Marion County, Indiana, its surrounding counties and the Central Indiana area in general.

For more on their history, I visited their website for this information on their founding…

In 1967 a group of twenty two men formed The Penrod Society™. The volunteer organization was designed to support the cultural and educational activities of Indianapolis-area artists, students, and arts organizations. “Penrod” pays homage to Penrod Schoefield, a literary character from Indianapolis novelist Booth Tarkington.

Over forty years later, The Penrod Arts Fair™ has become an Indianapolis tradition. Each year over 20,000 fair patrons visit the grounds of the Indianapolis Museum of Art on the first Saturday after Labor Day. The Penrod Arts Fair™ showcases hundreds of artists, and offers live music, performing arts and local cuisine. Proceeds from this one-day celebration provide grants for Indianapolis-area arts and community organizations.

In addition to launching the Arts Fair, The Penrod Society™ was also instrumental in creating the Economic Club of Indianapolis and the Prelude Awards.

Great event, will you be going?

Penrod

Vicki Reed

 

Happy Labor day…do you know why today is a holiday????

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From the U.S. Department of Labor Website:

LABOR DAY: WHAT IT MEANS

Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.

LABOR DAY LEGISLATION

Through the years the nation gave increasing emphasis to Labor Day. The first governmental recognition came through municipal ordinances passed during 1885 and 1886. From these, a movement developed to secure state legislation. The first state bill was introduced into the New York legislature, but the first to become law was passed by Oregon on February 21, 1887. During the year four more states — Colorado, Massachusetts, New Jersey, and New York — created the Labor Day holiday by legislative enactment. By the end of the decade Connecticut, Nebraska, and Pennsylvania had followed suit. By 1894, 23 other states had adopted the holiday in honor of workers, and on June 28 of that year, Congress passed an act making the first Monday in September of each year a legal holiday in the District of Columbia and the territories.

FOUNDER OF LABOR DAY

Some records show that Peter J. McGuire, general secretary of the Brotherhood of Carpenters and Joiners and a cofounder of the American Federation of Labor, was first in suggesting a day to honor those “who from rude nature have delved and carved all the grandeur we behold.”More than 100 years after the first Labor Day observance, there is still some doubt as to who first proposed the holiday for workers.

But Peter McGuire’s place in Labor Day history has not gone unchallenged. Many believe that Matthew Maguire, a machinist, not Peter McGuire, founded the holiday. Recent research seems to support the contention that Matthew Maguire, later the secretary of Local 344 of the International Association of Machinists in Paterson, N.J., proposed the holiday in 1882 while serving as secretary of the Central Labor Union in New York. What is clear is that the Central Labor Union adopted a Labor Day proposal and appointed a committee to plan a demonstration and picnic.

THE FIRST LABOR DAY

The first Labor Day holiday was celebrated on Tuesday, September 5, 1882, in New York City, in accordance with the plans of the Central Labor Union. The Central Labor Union held its second Labor Day holiday just a year later, on September 5, 1883.

In 1884 the first Monday in September was selected as the holiday, as originally proposed, and the Central Labor Union urged similar organizations in other cities to follow the example of New York and celebrate a “workingmen’s holiday” on that date. The idea spread with the growth of labor organizations, and in 1885 Labor Day was celebrated in many industrial centers of the country.

A NATIONWIDE HOLIDAY

The character of the Labor Day celebration has undergone a change in recent years, especially in large industrial centers where mass displays and huge parades have proved a problem. This change, however, is more a shift in emphasis and medium of expression. Labor Day addresses by leading union officials, industrialists, educators, clerics and government officials are given wide coverage in newspapers, radio, and television.The form that the observance and celebration of Labor Day should take was outlined in the first proposal of the holiday — a street parade to exhibit to the public “the strength and esprit de corps of the trade and labor organizations” of the community, followed by a festival for the recreation and amusement of the workers and their families. This became the pattern for the celebrations of Labor Day. Speeches by prominent men and women were introduced later, as more emphasis was placed upon the economic and civic significance of the holiday. Still later, by a resolution of the American Federation of Labor convention of 1909, the Sunday preceding Labor Day was adopted as Labor Sunday and dedicated to the spiritual and educational aspects of the labor movement.

The vital force of labor added materially to the highest standard of living and the greatest production the world has ever known and has brought us closer to the realization of our traditional ideals of economic and political democracy. It is appropriate, therefore, that the nation pay tribute on Labor Day to the creator of so much of the nation’s strength, freedom, and leadership — the American worker.

So what are your plans for this holiday?

labor day

Vicki Reed

 

Time to Sell?

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Thinking about selling your home?  Just a few things to think about…

Renovations: The changes that make your house work for you may not appeal to potential buyers. Not everybody loves that bright blue paint color — no matter how much you personally adore it. Make sure any big changes you make will increase, rather than decrease, your home’s value.

ALWAYS leave during open houses and showings: No hovering!  Current homeowners hovering over potential buyers as they tour the house…it’s a lot of pressure and can prevent them from giving honest feedback that could ultimately help you sell your home.

Waiting to list in the Spring: Most people house hunt in the spring and summer, but that’s also when most people list their homes. List yours when it’s available and you’ll reach those buyers who need a home now and aren’t finding much on the market.

Setting the price too high: What your home is worth to you and what it’s worth on the current market can be vastly different. Take a good look at the comparables provided by your REALTOR® and follow their advice…we are the experts!  Ignore Zillow…the Zestimates they offer are just WRONG!

Not doing enough marketing: Just putting up a “for sale” sign isn’t enough. Talk with your REALTOR® about other options, like online listings with virtual tours to attract buyers who aren’t looking on Craigslist!

Not getting a real estate agent: Unless you’ve had plenty of experience, going the “for sale by owner” route is probably not a smart bet. A REALTOR® can give you insights, marketing advice and, most importantly, can get your property on the multiple-listing service (or MLS or if you are in Indianapolis, BLC), which gets it in front of other agents.

Not staging your house: You need to help buyers envision themselves in your home. This includes removing any clutter and overly personal items (like family photographs) and making sure furniture flows well and demonstrates the purpose of each room.  Don’t go overboard, sometimes you can declutter and depersonalize to the point that the potential buyers can’t envision anything!  Discuss with your REALTOR® and if they don’t have a good eye, bet they know a good stager!

Okay, now are you ready?  Call, text or email me and let’s get started!

sold

Vicki Reed

 

Think you are ready to buy a house?

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Buying a home is an emotional decision for most people, this is where you will likely spend the next 5 to 7 years of your life, more if you buy right and love the area.  Do your research!  Think about these things and when you are ready…CALL ME!

Researching the neighborhood: Is this some place you really want to live? What amenities are nearby? How is the school district? What does the traffic and street activity look like when you drive by it at different times of day, like Sunday morning and Monday evening rush hour?

Get an inspection: This is one of the biggest investments you’ll ever make, and you’ll be living with it for years to come. Don’t pinch pennies — shell out $400 for an inspection. Make sure you know exactly what you’re signing up for.

Remember, you can paint!  Don’t buy or not based on decor: Paint color can be changed. Tiles and cabinets can be changed. What you want to look at are the bones of the house. Will it meet your needs? Does it flow well? Does it have enough space?

Don’t buy the most expensive home on the block: Hate to break it to you, but the most expensive home on the block isn’t a good deal. It will only depreciate over time, and you could have trouble selling it when buyers can see plenty of more reasonably priced options in the same neighborhood.

Be realistic with your budget: There are 2 numbers to look at when you are buying a home, just because your lender says you qualify for a $250,000 mortgage, that doesn’t mean you can afford it, especially when you factor in the other costs that come with homeownership. Be real and only look at houses you can realistically afford.

Be realistic about your DIY abilities: Will you really tear down that wall to make a master suite or gut the entire kitchen to make it work for you? Don’t let too much HGTV and delusions of grandeur drive you to buy an ongoing project you’ll regret taking on.

Have money for a down payment:  FHA financing requires 3.5% down, Insured Conventional 5 or 10%, Conventional 20%.  Anything less than 20% down and you’ll pay private mortgage insurance (aka PMI) payments and a higher monthly mortgage payment overall. It may be worth saving up for an extra year or two to reduce your long-term costs.  VA and USDA are 100% down programs, but make certain that’s how you want to go.

Make sure you are ready: Are you financially ready?  Are you ready emotionally? Are you sure you want to stay in this area for years? Does your income feel stable? Are you prepared to take on all that yard work and the repairs you avoided as a renter?

Think you are ready?  Time to call in the experts and find a realtor!  Call or text me at 317-919-7931 or email at vlrrealestate@gmail.com…I’m looking forward to hearing from you!

Buying a house

Vicki Reed

 

 

Booze at the State Fair…

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For the first time in 67 years, alcohol is being served at the Indiana State Fair…in an exhibit hall behind the fried food and lemonade stands and across from the Coliseum, the new Indiana Beer and Wine Exhibition at the Indiana State Fair isn’t the spectacle of stumbling drunks opponents expected.

There are strict drink limits, those who wish to partake purchase wristbands with three detachable drink vouchers to spend as they please.  The choices are simple, a drink consists of a 12-ounce glass of beer, a 5-ounce glass of wine or four smaller samples of beer or wine for those who want to try a variety.

The exhibit is a showcase of Indiana’s local breweries and wineries.  The offerings change from day to day, as Indiana breweries and wineries take alternating turns in the spotlight and the exhibit is geared toward a casual audience…sweeter wines and crowd-pleasing brews geared toward those who have never tried a craft beer.

Most are giving the exhibit rave reviews, the only negative I’ve heard is that there isn’t enough seating!

The state’s reluctance to serve alcohol may have been a blessing in disguise, the key to lifting the ban was that the product’s would all be from local, Indiana based wineries and breweries…no international brands allowed.

This is supposed to be an exhibit, apparently the “exhibit” leaves something to be desired on education, some servers offer in-depth explanations of their offerings; others don’t. There is a trough of hops in the entry and a teaser to a Prohibition exhibit at the Indiana State Museum but little else on display.

What do you think?  The Indiana State Fair is supposed to be about Indiana and with the increasing numbers of wineries and breweries, I think it’s a brilliant way to showcase these tax paying employers and hopefully increase their business which can only improve the economy over time.  Would love to hear from you!

Vicki Reedbeer and wine

NCAA Coaches live where???

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Ever wonder where some of the NCAA coaches call home?  Think they live like we do?  Not really!  Early out in the NCAA offers them an opportunity to head to one of these great homes – MSN shares this slide show by Neal J. Leitereg of realtor.com:

March Madness mansions: Homes of college-hoops coaches

By Neal J. Leitereg of realtor.com

With its mix of powerhouse programs and Cinderella schools, March Madness energizes sports in a way that’s not quite like most events. At realtor.com, we’re pumped up from looking at the homes of some of NCAA basketball’s top coaches.

Take a look through the slide show below and tell us in the comments which coach’s home you would rank No. 1.

NOTE: All descriptive information comes from listings on realtor.com. Properties were on the market and listed as available at the time of publication in March 2014 unless noted otherwise.

Most people I know are likely most interested in Rick Pitino, Tom Izzo and Steve Alford’s homes, but I find the pricetags astounding!  And the square footage – who really needs 10,000 square feet!  Click through the slideshow to find out!

Meanwhile back in the state of Indiana…yes, I know, none of our teams made it to the dance this year, the spring market is really heating up, despite the fact we are in for a cold week ahead.  If you are thinking of buying or selling this spring, call, text or email me.

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Vicki Reed

Spring Selling Season Arrives Early!

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Winter finally seems to have broken and the temps seem to be on the upswing!  Homes in the hot areas are already moving quickly in the Indianapolis and surrounding areas.  If you’re thinking this spring is a good time to starting looking for a house, you aren’t alone. That’s the problem. Your dream house, which might have been easy enough for you to grab a few years ago, is being eyed by other potential buyers.

IT IS A SELLER’S MARKET!  Whether you are a first time buyer or a move-up/down buyer, you must have everything in order prior to viewing homes!  Gone are the days of getting your financing in order after you found the home of your dreams, in order to make the home buying process run as smoothly as possible, follow these simple tips and LISTEN TO YOUR REALTOR!:

1. Get your financing lined up.  You may not worry about being turned down by the mortgage lender, but the seller doesn’t know that. The seller may also be in a hurry to hand you the keys. YOU HAVE TO BE PRE-APPROVED FOR YOUR MORTGAGE!  There are 2 numbers when you are dealing with your financing – first is the number your lender approves you for and second is the number you are comfortable spending!  The lender may say you can spend $300,000, but what does that mean to your monthly budget?  Working with a lender will help you decide what the right number is – contact Pat Hammer at Waterstone Mortgage and get started today!

2. Try to find out why the seller is selling. Buying and selling homes are emotional decisions, an emotional seller versus a nonemotional seller will react to different things.  If you have sellers who raised their kids in the house and lived there for most of their lives, they may appreciate a buyer who will do the same. Sending a personal letter with your offer may move you to the front of the pack!

3. Be flexible.  If you’re competing against other buyers, be as accommodating as possible.  Be flexible on closing dates and occupancy, the goal is for you to get the home of your dreams, and see number 1…a mortgage contingency allows buyers to back out of the deal if they can’t get financing for the house. Sellers don’t like mortgage contingencies – they don’t want to wave off potential buyers only to learn that their buyer can’t actually purchase the house.

 4. Sweeten the deal.  In a hot market, it is not uncommon to offer over list price, how much more is up to you, but even another $500 might get the seller’s attention.  You could also consider waiving the appraisal. That means if the bank determines the house isn’t worth the purchase price you and the seller agreed to, and it won’t lend you all of the money to cover it, you’ll have to make up the difference – provided you have the funds, of course.

5. Be fast. This is a big decision and you likely don’t want to rush, but if you know you can afford the house and you love it and the neighborhood, then, yes, you probably should rush.  In an age of instantaneous communication, minutes count and can make the difference between an accepted or rejected offer.  Make certain your agent uses the most current technology such as electronic signatures, in order to ensure immediate responses.

6. Be bold. If you really want the house, don’t get too cute and make a lowball offer, thinking there will be a lot of negotiation. You should suggest something close to the price the homeowner is expecting, or risk your offer being ignored. And this isn’t the time to be petty – or cheap, don’t haggle over $500 on a $200,000 deal.

7. Provide good customer service. Wait, isn’t that the seller’s job? You would hope so, but in a competitive market, it comes down to thinking of the homeowner as your customer. You’ll get his business (well, the house) if you’re personable, easy to work with and able to offer a good deal. Of course, you want to make sure you don’t offer the seller such an amazing deal that you hate yourself the day after closing. You want the welcome mat – what you don’t want is to be a doormat.

I can help you meet your goals and provide excellent guidance through what is one of the most important purchases of your life…call, text or email me!

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Vicki Reed

Red Day?

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What exactly is Keller Williams “Red Day”?  RED Day (Renew, Energize and Donate) is an initiative dedicated to celebrating Keller Williams Realty’s year-round commitment to improving our local communities.

Each year, on the second Thursday in May, tens of thousands of KW associates like myself, across the United States participate in a wide range of projects, devoting our time to renewing and energizing parts of the neighborhoods we serve.

RED Day initiatives run the gamut: From rebuilding homes, refurbishing local parks, giving to local food shelters, hosting blood drives, beautifying beaches and so much more. Projects are chosen by each individual market center based on a need they see within its community.

Recognizing her leadership in guiding the culture of our company, RED Day is held in honor of Mo Anderson, Vice Chairman of the Board, Keller Williams Realty.  Most of you won’t know this, but when the consultant Gary Keller hired to help him expand the company, fired him, and Mo was named Keller Williams Realty’s president and chief executive officer in 1995. Known at times as the “Velvet Hammer” for her uncompromising approach, Mo’s astute business acumen and leadership abilities are uniquely matched by her faith and compassion. She has continuously cultivated the firm’s value system, inspiring tens of thousands of associates throughout North America to maintain high standards of character within both their personal and professional lives.

Indianapolis is home to four Keller Williams Market Centers and for the first time, we have come together to serve one project in the city on Thursday.  I moved my business to Keller Williams in June last year, so this will be my first Red Day and I am so excited about the opportunity to share in the Day.  This year we are working on the Boys and Girls Club at 1949 E Troy Avenue.  Painting, cleaning….going to be a busy day!

What do you do to “Renew, Energize and Donate” to your community?

Red Day

Vicki Reed

Ever been to Alcatraz?

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Not as a resident, as a visitor!  I had the pleasure of visiting shortly after the movie “The Rock” was released…very cool, driving my friend Cullen crazy because I kept saying “Sean Connery stood here”  “Nicolas Cage stood here”!  He finally paid for the audio tour so he couldn’t hear me anymore!  As of yesterday, Alcatraz has been closed for 50 years and I still find it’s history fascinating!
On Thursday, the National Park Service unveiled an exhibit of newly discovered photos that depict new details about the final hours of Alcatraz.  The images were taken on the day infamous prison was closed after holding an impressive selection of criminals including gangsters Al Capone and Mickey Cohen, but did you know there were other residents on the Rock?
Workers on the Rock actually lived there too!  The warden and other prison personnel lived there, raised their families there…can you imagine being a kid on Alcatraz?

The images will be on display for at least the next three months and have evoked a swell of emotion for people who lived on the island during its days as a prison.  Jan Peters, 62, was the last child to leave the site of the island prison. His father, Arnold Peters, had been in charge of relocating the inmates to other federal prisons.  At the unveiling on Thursday, Peters said “I’m realizing that we were a part of American history,”  Peters and former Alcatraz resident John Brunner, whose father was the prison’s electrician, said living next door to the country’s most dangerous criminals was ideal.  They never saw the inmates and had world-class views, fishing and friends.  “It was fantastic to live here. We never had to lock our front door,” Brunner said with a chuckle.  Click here to read the full story on MSN.

How would you feel about growing up in a prison?  While we don’t have that opportunity here, there are a lot of unique properties in our own city for you to call your own!  Ready?  Call me, text me, email me and lets get to work finding them!

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Vicki Reed

Want to move to Irvington?

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I have a client very interested in moving to Irvington – this area is ever evolving and very walkable which is on a lot of people’s wish lists these days!  Housing is reasonably priced, including some really good deals on 1700 square feet townhomes in a Coop neighborhood – I know, you say a “coop” my thoughts automatically goes to New York and those expensive apartments on Central Park!  If you google “co-ops in Indiana“, you get grain and bean coop or food coop.  This will be a learning experience that I will happy share with you as we move through the process…but now back to Irvington.

Irvington was originally a suburban town in 1870 but was annexed into the City of Indianapolis in the early 1900’s.  The original plat of Irvington includes a winding picturesque street plan, very different from Indianapolis’ grid layout.  Irvington today has more lineal blocks of brick streets than any neighborhood in the city, and its naturalistic plan is considered Indianapolis’ largest and most developed example of Victorian Romantic landscape design.

In 1873, the area was selected as the new location for Northwestern Christian University, later renamed Butler University.  From 1875-1928, Butler developed a campus in Irvington, which subsequently promoted a college town atmosphere throughout the community. Although most of the campus buildings are gone, except the Bona Thompson Memorial Library, the intellectual spirit is still reflected in Irvington’s many association and groups.

Want to move to Irvington?  Click here to check out available homes everything from $8,000 to $260,000, sign up on my website and let’s get started!

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Vicki Reed