Month: May 2013

Mel Foster Co. Color the Quads Ready for Saturday

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The first annual Color the Quads is Saturday, June 1, starting with the Kid’s race at 9am and the 5K at 4pm in Cumberland Square at 2300 Spruce Hills Drive, Bettendorf, Iowa.  All 5K race participants are invited to attend the colorful Tri-City Electric after-party where the fun continues after the race.
Packet pickup is Thursday, May 30 at 5pm-8pm, Friday, May 31 from Noon-5pm and Saturday, June 1 at 11am-1pm at the Color the Quads Headquarters located in Cumberland Square at 2304 Spruce Hills Drive, Bettendorf, Iowa.
The 5K race course starts on 18th Street in Bettendorf and follows this path:  head north towards Bettendorf High School, turn east on Tanglefoot Lane to Devils Glen Road, turn south on Devils Glen Road to Maplecrest Road, turn west on Maplecrest Road to Victoria, turn south on Victoria to Tech Drive, turn west on Tech Drive to 18th Street, turn south on 18th Street to the finish line!  Spectators are welcome along the race course to cheer on the participants as they get blasted with bursts of color powder on the course.

The Pitfalls Of For Sale By Owner

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Selling a house sounds easy. Take some pictures, get them on a for sale by owner website and watch the offers come in. The reality is, your home may sit on the market longer and you may price it below market value. These mistakes could cost you thousands of dollars.

Get an agent on your side when you decide to list your house. Agents and FSBO companies have different motivations. Your agent is working hard to sell your home for you and is only compensated once your home is sold. An FSBO website makes money when your home doesn’t sell and you pay for another month of listing.

Only your agent can help you determine a fair selling price based on comparable listings and sales in your neighborhood. This competitive market analysis can give you a realistic sales price. A home that is priced right will sell quickly in most situations. An FSBO site won’t offer specific information to determine how to price your home.

With an FSBO listing, you are responsible for scheduling and facilitating the open houses. It can be frustrating to watch potential buyers enter, then exit, your home in less than five minutes. They won’t stick around long enough to tell you honestly what’s keeping them from choosing your house. But an agent knows how to engage potential buyers in a meaningful dialogue that can reveal buyer concerns that might be keeping your home from selling.

Your agent also has the necessary paperwork for a buyer to make an offer. Selling you house is a transaction of many thousands of dollars. This is not the time to play agent and lawyer for yourself. Be smart when you list your home and use an agent.

Mel Foster Co. Names New President of Brokerage Division

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Mel Foster Co. is pleased to announce Lynsey Engels has been named the President of the Real Estate Brokerage Division effective May 1, 2013.
As president, Engels will oversee the company’s ten real estate offices and the relocation division.  She will also be involved in mergers and acquisitions, training, and agent recruiting and retention.
During the last six months, Engels has transitioned from her position as an agent to assume general manager responsibilities.  As an agent, her efforts led to numerous multi-million dollar producer status recognitions in Mel Foster Co.’s Executive Club and Chairman’s Club.  Engels spent 10 years in residential real estate with eight of those working as a team with her sister, Kristi McFate.  A licensed broker in Iowa and Illinois, Engels specialized in new construction and relocation services and was adept at working with first-time home buyers.
Engels is a member of the National Association of REALTORS®, the Iowa Association of REALTORS®, the Illinois Association of REALTORS®, and the Quad City Area REALTOR® Association, where she currently serves on the organization’s board of directors.  She is a member of the Quad City Chamber of Commerce and has served in various leaderhship roles for Junior League of the Quad Cities.  She has been a volunteer for Make a Wish, Junior Achievement, and high school-aged volleyball teams and was named a Leader Under 40 in 2007.  Engels graduated from Purdue University where she was an academic All Big Ten athlete and captain of the tennis team.
Rob Fick, Chairman and CEO of Mel Foster Co., Inc., proudly announced, ‘I am confident Lynsey’s expertise and enthusiasm will enhance our strategic vision to provide more valuable leadership experience to our managers, agents and staff.  Her attention to detail and passion for success will continue to raise the standard of excellence and leadership in our company.”
Engels and her husband, Marc, reside in Bettendorf and have three daughters.


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