Mel Foster Co. Receives Website Quality Certification

Mel Foster Co. Earns Designation
Mel Foster Co. Earns Designation

Mel Foster Co. has been awarded the Website Quality Certification (WQC) from Leading Real Estate Companies of the World® , an international network of more than 500 premier real estate firms. Leading Real Estate Companies of the World® (LeadingRE) presents the certification to member companies that demonstrate best practices in website design, technology and service.

Mel Foster Co’s website, www.melfosterco.com, earned the certification after achieving superior marks on a range of measurements, including usability and performance, design and content, interactivity, customer service and Internet lead management, search engine optimization and mobile. The website was evaluated by Virtual Results, LLC, a real estate internet and social marketing firm enlisted by LeadingRE to review the websites.

WQC is a program available only to firms affiliated with Leading Real Estate Companies of the World® and is awarded based on criteria that is updated annually to reflect the latest in internet marketing strategies. To maintain the certification, companies are re-certified every two years.

“We are delighted to recognize the 117 companies that earned the WQC this year and applaud them for creating websites that attract and engage today’s consumers, providing useful information on homes and communities and supporting them with local expertise,” said Leading Real Estate Companies of the World® President/CEO Pam O’Connor.

“We are thrilled to receive this designation again as we continually enhance our website to ensure users are getting the best possible experience and pertinent details from our site,” said Mel Foster Co. President of Brokerage, Lynsey Engels.

For more information about Mel Foster Co., please visit www.melfosterco.com.

 

Mel Foster Co. Hires Mandsager as Director of Business Development

Mel Foster Co. recently named Shannon Mandsager as its Director of Business Development.  Lynsey Engels, President of Real Estate Brokerage at Mel Foster Co. is pleased to welcome Ms. Mandsager to this key position on its growing team.  Ms. Mandsager was previously with a local bank and has a long track record in retail sales and marketing.

Ms. Mandsager will take the lead working with the management team and agents to build and execute a partnership strategy and opportunities that will enhance Mel Foster Co.’s market footprint and accelerate the growth of the company.

Engels comments, “I am very pleased to welcome Shannon to Mel Foster Co.  She is an excellent fit and will bring a new level of energy to our staff and agents.  In an industry where new tools and technology are introduced on a daily basis, Shannon will be in charge of navigating these new ideas and keeping them in the forefront of agent’s minds to enhance their business in an effort to maintain a high level of service to our customers in the Quad City and surrounding areas.”

She was born and raised in Eldridge, graduated with honors in Business Administration with an emphasis in Marketing and Sales from University of Wisconsin-Platteville.  Ms. Mandsager will be licensed in Iowa and Illinois and works out of the corporate office at 3211 E. 35th Street Court in Davenport.

3 Tips To Consider When Buying A Home.

Tip #1: Keep Your Money Where It Is.

One thing that you want to avoid before purchasing a new home is making any other large purchases. You don’t want anything to negatively impact your credit score before buying a home. This includes opening new credit cards, or taking on new debt. Lenders want to feel confident in your ability to be financially responsible, especially when they’re considering you for a loan. In short, don’t take any risks with your credit score if you’re planning on investing in a new home.

Tip #2: Bigger Isn’t Always Better.

When you’re buying a house, you may gravitate towards the biggest home on the block. It’s important to consider what your potential resale value will look like. If you have the most expensive home on the block, it will only go up in value as much as the homes surrounding it. The largest house only appeals to a few people. If you’re planning on reselling, you want to have the largest number of potential buyers possible. Instead of searching for the best house on the block, you should search for the house that best fits your needs.

Tip #3: Survey the Neighborhood.

People often fall in love with their homes, but they often fail to consider the neighborhood. If you’re planning on having children, you need to determine what school district the home is in. Even if you aren’t planning on children, you still should research what schools are nearby because it may impact the resale value of the home. It’s also not a bad idea to try your morning commute from the house, to determine if that would impact your decision. Don’t be afraid to drive through the neighborhood during different times of the day to really get a lay of the land.

Exterior Home Shot
3 Tips When Buying a House

Space Saving Ideas For Your Home.

Making your home interior more efficient and attractive on a day-to-day basis doesn’t need to be an expensive or time-consuming endeavor. With the summer months upon us, keeping things orderly, yet functional, will help you and your busy family stay on top of things this season. Consider these space saving ideas and how they might just make your life a little easier this summer.

Pull Out Drawers And Cabinets

Installing a set of pull out bins under a stairwell in the entryway, or a pull out cabinet in the short hallway between rooms, can mean tons of extra storage space for your family. Consider getting pool toys out of sight and out of mind with a pull out closet in the garage.

Hidden Outlets

Are hairdryers and curling irons monopolizing all of your bathroom counter space? Consider installing outlets in the drawers those appliances are meant to be stored in. Never having to remove them from their hiding spot means more space for other things.

Turn Bunk Beds Into Murphy Beds

Need more floor space, or wishing you had a playroom for the kids? Installing Murphy Beds (the beds that pull down from a recess in the wall) could be just what you need. Suddenly there are feet and feet of extra floor space. So much more room for activities!

You Can’t Go Wrong With An Extra Cabinet  

Something as simple as a small extra cabinet in the kitchen to store cleaning supplies can make your life a whole lot easier. Suddenly there is free space under the sink and a small extra storage space. Also, a small cabinet with a high shelf means keeping dangerous cleaning products out of kids’ reach.

Lamp
Space Saving Ideas

Say what?

Feel like everybody’s speaking a different language when it comes to real estate? Get into the conversation and get comfortable understanding what’s being said. This short glossary helps buyers and sellers navigate industry terms.

Appraisal – the determination of the worth of something by a professional, in this case the market value of a property. An appraiser uses an analysis of local market data along with the characteristics of the property. Your bank or other lender may refuse to loan you money if the appraisal price is lower than the loan request.

Closing costs – the entire package of miscellaneous expenses paid by the buyer and the seller when the real estate deal closes. These costs include the brokerage commission, mortgage-related fees, escrow or attorney’s settlement charges, transfer taxes, recording fees, title insurance and so on. Closing costs are generally paid through escrow. Jump ahead if you’re lost after “escrow.”

Contingency – conditions that have been built in to a real estate purchase or sale agreement must be met before the sale can be completed and legally binding. For example, a buyer’s contractual right to obtain a professional home inspection before purchasing the home.

Disclosures – The seller is required to provide the buyer with certain information (disclosures). The number and types of disclosures vary by region, but they may include information about conditions affecting the value or enjoyment of the property. The seller may know of an earth-shaking construction project that is about the start around the corner, which would impact the enjoyment of the property.

Escrow – Funds, securities or other assets held by a neutral third party (an escrow company or agent) on behalf of the other two parties (in this case the buyer and the seller). The buyer will deposit the payment in an escrow account, proving to the seller that he or she will be able to uphold the other end of the deal. The escrow service will pay the funds to the seller once certain conditions pertaining to the sale have been met.

MLS – Multiple Listing Service. An MLS is an organization that collects, compiles and distributes information about homes listed for sale by its members, who are real estate brokers. All properties for sale are assigned an MLS number.

Mortgage – A loan that helps you purchase your house. You sign a contract promising to pay back the loan with interest over a certain number of years. The components of your monthly mortgage payments may be referred to as PITI:  principal (the money that goes into paying down the loan), interest (which is paid to the lender for letting you borrow the money), (property) taxes and (homeowner’s) insurance.


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