Coldwell Banker Real Estate Ranked Highest Real Estate Franchise in Training Magazine's Annual Training Top 125

PARSIPPANY, NJ--(Marketwire - Feb 20, 2013) - Coldwell Banker Real Estate has been ranked No. 3 among organizations from all industries for its Coldwell Banker University training platform in the annual Training Top 125 by Training magazine, the training industry's premier publication. This marks the fourth consecutive year Coldwell Banker Real Estate appeared on the annual Training Top 125 list, improving on last year's No. 9 ranking and repeating as the best training organization in the real estate industry. Coldwell Banker was joined by Verizon, Jiffy Lube, Farmers Insurance and CHG Healthcare Services in the top five.

"We are extremely honored to see our training programs ranked as best in the real estate industry, and it is rewarding to see Coldwell Banker recognized as one of the top three training organizations in the world among all industries," said Budge Huskey, president and CEO of Coldwell Banker Real Estate LLC. "We recognize the growing importance of exceptional training programs in today's evolving real estate industry and have further developed our Coldwell Banker University program to continue to provide our network with the tools and resources they need to reach their personal and professional best."

Coldwell Banker University continues to emphasize performance based courses, innovation and new platforms to train the brand's agents and managers. It now offers cloud-based content, facilitation of informal learning, video streaming and mobile learning, with the BlueView(SM) agent portal now accessible on iPad.

Additional advancements to Coldwell Banker University include:

• Investing in a standardized, cross-industry benchmarked quality measurement system that has helped document increased revenue as a direct outcome of courses
• Expanding course offerings that demonstrate tangible business results
• Enabling the sharing of best practices across the brand's network of 82,000 sales agents
• Developing course content that managers can use at the local level to directly train their agents

This is Training magazine's 13th annual competition that evaluates organizational learning programs and judges companies on a range of qualitative and quantitative factors. The ranking also considers how closely such development efforts are linked to each organization's business goals and objectives.

About Coldwell Banker
Since 1906, the Coldwell Banker organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of 82,000 sales agents working in approximately 3,100 offices in 50 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to create an iPad application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On Location(SM) YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International^® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Coldwell Banker is a subsidiary of Realogy Holdings Corp. ( NYSE : RLGY ), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.

Have You Been Considering Buying?

By Jennifer Alvarez, Realtor

@Coldwell Banker Cocoa Beach Realty

Brevard County, Florida

realtor.jenniferalvarez@gmail.com • www.cocoabeachrealty.com/jenniferalvarez

If buying has crossed your mind there are three things to think about now...you may consider converting your dream into an existing reality...

1.) Rents continue to escalate, as is the demand...

The U.S. Census stated "rental vacancies have fallen to 8.8% in the first three months of 2012 from 9.4% in the fourth quarter, marking the lowest level in 10 years.  Rising demand for rental units, has pushed prices to the second-highest rate ever (since 1999).   The Census reported 132.6 million housing units in the United States in the first quarter. Some 114.1 million are occupied, with owners living in 74.6 million of them. Renters live in the rest."

2.) Property prices are on the rise, as is construction...

After years of steady and double digit declines in Brevard County, the median residential sales price increased by 10.5% from 2011 to 2012.  Florida Today reported "Brevard homebuilders see signs of resuscitation".  For the first time in several years, the profusion of  foreclosures is seemly coming to an end and developments in the area is one again building

3.) Mortgage interest rates have in shown increase, as may the loan qualification guidelines soon...

Bank Rate.com reported that from 2012 to 2013 "The 30-year fixed-rate mortgage rose 11 basis points to 3.77%. The 15-year fixed-rate mortgage rose 9 basis points to 3.03%. The average rate for 30-year jumbo mortgages, or generally for those of more than $417,000, rose 9 basis points to 4.17%.  The 5/1 adjustable-rate mortgage rose 7 basis points to 2.78%.

 

Federal regulators ("Department of Housing and Urban Development, the Office of the Comptroller of the Currency and the Securities and Exchange Commission) are considering a regulation that could create difficulty for most.  Known as the QRM (Qualified Residential Mortgage rule). If goes in effect, a requirement from many home buyers to have at least a 20% down payment in order to qualify for a best interest rate mortgage, and possibly of the FICO score minimum increased even more. 

Cocoa Beach Ranked #3 in Florida!

Cocoa Beach finished third in a statewide ranking of the best beaches. Clearwater Beach in the Tampa Bay area was number one. 

“They might be the best beach town, but we’re the funnest beach town,” said Dave Netterstrom, mayor of Cocoa Beach. 

USA TODAY had “Dr. Beach,” Florida International University professor Stephen Leatherman, choose 10 Florida destinations that combine sand, surf and a welcoming sense of community. Readers then voted online to pick their favorites. 

Nearly 30,000 votes were received. Clearwater Beach took 25 percent of the votes, followed by Siesta Key, Cocoa Beach and Sanibel Island. 

Netterstrom said he had recently been in a discussion to start work on improving Cocoa Beach’s brand. He’d like to see a return of the reputation the area had during the Space Race – one of astronauts and celebrities sunning on the setting of “I Dream of Jeannie,” though the show was actually filmed in California. 

“We want to be the cool place to be,” Netterstrom said. He said he plans to hire an economic development director to market the city’s assets. 

“In a way, we’d like to brag about being the best beach town, but on the other end we’d kind of like to keep it a secret,” he said. “Maybe third is not a bad position to be in.”

Space Coast Birding and Wildlife Festival!

THE DETAILS

WHAT: Space Coast Birding and Wildlife Festival

WHEN: Wednesday through Monday, times and activities vary

WHERE: Field trips are in various locations, with several programs at BCC, 1311 N. U.S. 1, Titusville.

COST: $20 registration fee for adults along with individual costs for classroom activities and field trips. Some are free. No cost for the exhibit area and art show. Prices for activities and field trips vary. Children 12 and younger get in free with a paying adult.

INFO: Call 321-268-5224 or visit www.spacecoastbirdingandwildlifefestival.org.

THE STORY: The Space Coast Birding and Wildlife Festival has grown tremendously in the past 15 years and draws thousands of people from all over the world to discover and explore the eco-tourism opportunities Brevard and nearby counties offer.

But the executive director of the event Neta Harris — of festival sponsor Brevard Nature Alliance — has noticed something curious about the festival, the largest of its kind in the country.

“There are people who come in from Canada who know more about what this area offers than a lot of local people do,” Harris said.

Brevard residents may be missing out on some special outdoor activities, Harris said, because they feel they’re already familiar with the area. However, what they may be missing is information on all the activities that are offered in our parks and preserves year-round.

Harris will be happy to know locals are already picking up clues from previous festivals.

Joan Green of Merritt Island learned the lesson after attending two of the events.

“The field trip guides were incredibly informative, and they introduced me to splendid places like the Merritt Island (Wildlife) Refuge and the Enchanted Forest (near Titusville),” Green said. “But what I found out, too, is that these preserves hold informative trips of their own all year round, too. And they’re often free.”

The festival, which started Wednesday and continues through the weekend, shows off many of the highlights: Field trips by bus or carpools will venture not only to hot birding spots, but also locales known for special animals and plants as well as historic sites.

And there’s plenty to do and see in the event center at Brevard Community College’s Titusville campus on U.S. 1 just north of town, with free entry and many free activities for all ages of visitors.

There will be classroom presentations, art and photography shows and competitions, renowned keynote speakers, a silent auction, dozens of vendors selling everything to do with outdoor activities, and some top-notch entertainment.

“We have activities for the children, too,” Harris said. “And plenty to interest the non-birders.”

Space Coast Audubon Society secretary Rosemary Webb is definitely a serious birder, but she had to confess, “I really love the shopping” among the event center’s booths.

“They have so many vendors, and they’re just terrific,” she said. “And the artists are just amazing, from kids to the adults, and I just love to go through and see their work.”

THE SCHEDULE

Some field trip tips: The Space Coast Birding and Wildlife Festival offers plenty of free parking at Brevard Community College, 1311 N. U.S. 1., Titusville.

Some of the field trips have early departure times, so the registration desk will be open from 6 a.m. to 6 p.m. 

Friday and Saturday and 6 a.m. to 1 p.m. Sunday.

Guests are encouraged to bring water, snacks, cameras and scopes on field trips — and encouraged to layer their clothing because mornings can be nippy.

Monday’s offshore pelagic birding trip is sold out.

Admission to the exhibit center is free, and it will be open from 9 a.m. to 7 p.m. Friday and Saturday and 9 a.m. to 1 p.m. Sunday.

Not just for the birds: Some of the most popular aspects of the festival include art and photography shows and competition, as well as a silent auction on donated items that will take place Saturday and Sunday at the event center.

Also, no one will have to eat like a bird because vendors Friday and Saturday will serve breakfast as early as 4 a.m. for field trippers, and lunch from 11 a.m. to 2 p.m.

There also will be an afternoon social from 5 to 6 p.m. Friday, a barbecue from 11 a.m. to 2 p.m. Saturday and Sunday brunch from 10 a.m. to 1 p.m.

Plan Would Bring Quarter-Mile-Long Fishing Pier to Cocoa Beach

COCOA BEACH — Tim Chastain envisions a downtown municipal fishing pier extending a quarter-mile across the Atlantic Ocean waves, offering an aquatic platform for fishermen, walkers, sightseers and rocket-launch spectators.

This 1,301-foot concrete structure at an undetermined location could cost $8 million to $9 million, he estimates. If environmental permitting and municipal-revenue bonds are secured, construction could start in 2017.

Chastain projects this city-operated pier would draw enough foot traffic from tourists and locals — and generate enough revenue from admission fees and concession sales — to be economically feasible.

Chastain owns Fin Expeditions, a Banana River kayak eco-tour company, and he is a past chairman of the Surfrider Foundation’s Cocoa Beach chapter. He floated his fishing-pier idea to City Commission candidates during the fall campaign, and he made a formal presentation during a Dec. 17 workshop.

“Say that we have 3.2 million visitors in the Cocoa Beach area. We put a city pier in. If you grab two out of 10, well that would be 740,000 people into the downtown area based on the pull of the pier,” Tim Chastain told commissioners.

Commissioner Tim Tumulty called the proposal “very interesting stuff,” but no discussion of substance occurred.

Chastain is crafting economic models and researching ocean-pier details, and he hopes to present his findings during a February City Commission meeting.

Chastain examined 35 piers across Florida, then based his research on three examples:

• Jacksonville Beach Fishing Pier, built in 2004

• M.B. Miller Pier County Pier in Panama City Beach, built in 2008

• Russell-Fields Pier in Panama City Beach, built in 2009

City Manager Bob Majka worked in Panama City-area governments for 23 years before moving to Brevard County this fall. He said Chastain’s idea is a grassroots concept, and City Hall staffers have not scrutinized the proposal.

“In Panama City Beach, with two municipal piers within a close proximity to each other, the model there works. But you need to look at, is it financially viable?” Majka asked.

“The city isn’t in position to lay out $10 million to build a pier and use general-fund revenue to support that. The pier would have to be self-supporting. We’d be interested in looking at the data he’s compiling,” he said.

Lori Stottler is general manager of the Cocoa Beach Pier, a wooden 800-foot structure built in 1962, about 3.5 miles north of downtown. She said she does not want to be “a buzzkill,” but she warned that pier expenses like liability insurance and piling maintenance may be higher than anticipated.

“There is a lot of cost associated with having a pier — which we know very well. It all sounds great in theory. But when you have to run one day-to-day, with all the maintenance it entails, it’s a different thing entirely,” Stottler said.

“Still, I think it’s great that people are coming up with new ideas for Cocoa Beach. With the space industry changing, tourism plays a more pivotal role in our economy,” she said.

Chastain said the concrete municipal pier would be designed to withstand hurricanes and fierce weather.

“At these modern-built piers, maintenance and post-storm issues are treated as a nuisance,” he said.

John Hearin is a Florida Tech coastal engineer who serves as vice chairman of the Surfrider Foundation’s Cocoa Beach chapter.

He called the pier proposal a great idea, and he said the Florida Department of Environmental Protection may approve the project.

“Permitting would be an issue, but it is doable. It’s very doable — especially if you have the funding,” Hearin said.

Chastain said he selected the 1,301-foot length because it would make the Cocoa Beach pier 1 foot longer than the Jacksonville Beach Fishing Pier.

Cast Your Vote for Cocoa Beach!

It’s just six miles long and mostly less than a mile wide, but Cocoa Beach is humongous in heart, history and the quirky charms that put it on the tourism map.

Now, the same place that boasts world-renowned surfing (and Surfing Santas), a famous pier that juts 800 feet over the Atlantic, plentiful beach access and a stellar place in space history has a chance for more kudos: the title of Florida’s best beach town.

When USA Today called “Dr. Beach,” also known as Florida International University professor and coastal expert Stephen Leatherman, for 10 Florida destinations that combine sand, surf and a welcoming sense of community, Cocoa Beach claimed a spot among his choices.

That, naturally, led to a question — Which one’s the best? — and a competition, with voters invited to chime in online or via Twitter. The winning area will be featured in a USA Today travel story.

Leatherman offered praise for some of the more obvious factors that drive Cocoa Beach’s cool quotient.

His take: “This onetime astronaut hangout near the Kennedy Space Center is famous for the Merritt Island National Wildlife Refuge, along with a great pier and surf shop, Ron Jon, whose flagship store will be celebrating its 50th anniversary next year.”

That mention was welcomed at Ron Jon’s corporate headquarters, a wave away from the Atlantic and the venerable Cocoa Beach Pier. A 50-day celebration in summer 2013 is in the works.

“We have a real affinity for Cocoa Beach — it’s just a great destination,” said Heather Lewis, Ron Jon marketing director.

And visit they do: About 2.4 million visitors a year descend on Cocoa Beach, from surfers to those who just want to soak in the sun to those who drive out of their way to be photographed at I Dream of Jeanne Lane off State Road A1A at Lori Wilson Park. A recently installed sign serves as a permanent paean to the popular 1960s TV show set in Cocoa Beach.

Cocoa Beach Mayor Dave Netterstrom thinks there’s no contest in this competition.
In his eyes, there’s no place quite like the place that claims as hometown boys Kelly Slater (Cocoa Beach High, Class of 1991), 11-time world champion surfer, and comedian Scott “Carrot Top” Thompson (born in Cocoa Beach in 1965).

“One of the main reasons I ran for mayor is that I care so much about the community,” said Netterstrom, whose family moved here when he was 14.

“During the Space Race, it was the happening place to see and be seen, and we’re trying to get that excitement back, within the framework of remaining a quaint little beach town. We’re absolutely going to keep that character, that ‘Come as you are, it’s a fun place to be’ attitude that put us on the map.”

Go, Cocoa Beach, go!

The winner of USA Today’s Best Florida Beach Town contest will be featured in a travel story. To vote, go to http://www.usatoday.com/ story/dispatches/2012/12/28/ whats-the-best-beach-town- in-florida/1793599/

To tweet your pick:
@usatodaytravel; hashtag #flabeachtown.

Happy New Year! Moving Forward with a Short Sale!

By Stacy Matlock, Realtor®

Coldwell Banker Cocoa Beach Realty

Stacy matlock1@yahoo.com

www.http: www.stacymatlock.com

On Jan. 1, Congress passed a bill with the purpose of helping the U.S. economy avoid what has been termed the "Fiscal Cliff."
Over the past several months, real estate professionals (and CDPEs in particular) have been particularly interested in the fate of the Mortgage Forgiveness Debt Relief Act of 2007, which has saved distressed homeowners millions of dollars in tax liability since its passage.
The Act, which expired Dec. 31, has been retroactively extended through 2013.

What is a CDPE Certified Distressed Property Expert?

Need to ease the pain of an unstable and confusing real estate market?

A Certified Distressed Property Expert® (CDPE) has a thorough understanding of complex issues in today’s turbulent real estate industry and knowledge of foreclosure avoidance options available to homeowners. CDPEs can provide solutions, specifically Short Sale for homeowners facing market hardships.

Homeowners regularly proceed without guidance of any kind through the often financially and emotionally devastating prospect of foreclosure. Speaking with a well-informed, licensed real estate professional is the best course of action for a homeowner in distress. Through comprehensive training and experience, CDPEs have the tools to help homeowners find the best solutions for their unique situations and to avoid foreclosure through the efficient execution of a short sale. Living through financial difficulties poses a challenge for any family, so why make the process of finding a qualified real estate professional difficult too? Select an agent with the CDPE Designation to ensure you have a trained professional to address your specific needs. For more information, contact a CDPE in Coldwell Banker Cocoa Beach Realty. CDPEs don’t merely assist in selling properties, they serve and help save their clients in need, with knowledge to help a distressed home owner move forward.