BanCorp’s Momentum Theory of Business: Orange County Real Estate

Focused Intensity over Time multiplied by God equals unstoppable Momentum

FOCUS: There are two primary reasons management loses their focus. The 1st is fear. The 2nd is greed.

• Fear will cause a company to lose its focus every time because they are looking at all the potentials for failure instead of concentrating on success.

When a company gets greedy they are taking their eyes off the good of their client and lose focus. Greed will take a company out of the moment and into a sense of celebrating victories that have not yet been earned.

INTENSITY: Some people don’t think of themselves as intense until they find something that they care deeply about. They make the mistake of being intense for the wrong things (ever get cut off in traffic?).

• BanCorp’s management is intentional in our intensity. Our intensity is purposefully directed at things that really matters and purposefully not directed at things that don’t.

TIME: Most people can focus if they concentrate. And most people can be intense for a while. Focused intensity at some level can be achieved by most people if and when they care enough about a certain outcome. However, few people can add the next element of the formula for very long – Time. BanCorp’s management has proven able to maintain focused intensity for long periods of time.

As a team at BanCorp we work our rear-ends off for 3 years and all of a sudden we are “an overnight success”. Amazing how these things happen. If we bust our humps for 3 year we probably are going to get “lucky” quite a bit.

GOD:  We are all finite. Our skills, abilities and talents have a limit. Wouldn’t our limited efforts as humans be multiplied by an infinite God?

• If faith was added to the equation, wouldn’t it seem natural that our comparatively puny efforts as humans could literally explode with even an ounce of faith?

• As a good lesson for life and for business, if we are trying to gain momentum in marketing, business, in our marriage,  in our physical condition, in our parenting… we take our best focused intensity over time and multiply it by God for unstoppable momentum.

BanCorp’s Theory of Momentum in Business: Focused Intensity over Time multiplied by God equals unstoppable  Momentum.

BanCorp Realty - Ethics in Orange County Real Estate

As management of BanCorp Real Estate Group a well-defined code of ethics makes decision making easier, faster and more efficient. The simple principal this organization is based upon. Is to ask if, when making this decision, the move causes us to lie or hide the truth (which is a type of lying), if the answer is yes, we know what the decision is to be made and it is a really easy decision.

 

This may seem very obvious, but when under large or stressful situation that can be made to go away by sweeping it under the rug, it is tempting to do so, even for those within the firm with the highest integrity and ethics. But if we hold true to this principle and all leaders and management hold each other accountable with these Guiding Values, we will not fail. It is all about doing the right thing in real estate

Another guiding value That BanCorp Realty’s management follows is the Real Golden Rule “Do unto others as you would have them do unto you.” As management we must always ask ourselves, if the tables were turned, if we were walking in the other guy’s shoes, how would we want to be treated?

  

Reverse Real Gold Rule As a firm we strive to operate by the Golden Rule. Be thoughtful of others. However, we aren’t wimps either. We are playing the game to win. This is business. The business of business is business. If we are going to do unto others as we would have them do unto us… We feel that this is a two way street. As management we should expect the same from our competition and our vendors. We will not repay evil with evil.  However, if our best, most reliable vendor steals one of our employees we’ll cut them off in a second.

BanCorp Realty: People before profit.

From the desk of C.E.O. Greg Steinaker

 

The Best $250.00 You Can Spend to Increase Your Homes Marketability

Preparing Your Orange County Home For Sale

When an Orange County family has made the decision to sell your home, it likely was not made like, nor hastily. In this present economy where homes generally are not receiving multiple offers, and many times receiving no offers at all – the prudent (practical commonsense, taking the trouble to think out what they are doing and what is likely to come of it) home-seller is wise in considering what sets their home apart from the Smith’s home four blocks away. Or, consider the Allen’s home across town with similar square feet. You (or your agent) might not likely even consider something as preposterous as the Allen’s being a fair comparison to your home. However, in this new day where almost all home searches are completed via search engines tied to the MLS. The viewer really has no way of comprehending or discerning different neighborhoods. They will once they arrive at their destination, but what if they arrive at the Smith’s and the Allen’s neighborhoods first?

What could lead to such a tragic event? You were on the Orange County MLS, just as they were. You hired the best real estate agent in Southern California, just as they did. Heck, your home is newer and nicer than both of them combined! But the buyer bought on theirs, not yours – even though you will never know it. You might know that it sold, but not that it was being compared to yours. Location, location, location. My response to that is, price, price, price. With all real estate activity gravitating towards the World Wide Web. With that being said, I feel that what really carry’s the most weight, pulls at the buyer’s inclination to actually quit starring at the computer and visit a property is perception, perception, perception.

When preparing your home for sale, the single best thing you can do to increase the overall marketability of your home is rent a storage unit and clear out all of the unnecessary clutter you have undoubtedly accumulated over the years. A great wealth of confusion, chaos, muddle and rummage. When you combine this with a boatload of furniture and other accoutrements  that are useful for comfortable living, it takes an environment meant to be pleasing and appealing to the eye of the buyer, into one which is unable to see the real picture, or can’t see the forest because of the trees. The potential buyer can’t envision themselves living in your home because they can’t see a place in your home for them to live!

Have you ever walked into someone else’s home hat was bursting with furniture? I bet that was the first thing you noticed when you walked in the door. Too much furniture, clutter and chaos will reduce the chance of your home selling. It will bring down your true market value. If potential buyers are viewing your home on the internet, they might just pass on visiting your property – even if it was “priced right.” It costs about $250.00 a month to rent a good-sized storage unit. My advice is whenever possible; lift it, roll it, or ship it out – unless it is an absolute necessity (ie.bed). If you need to use the storage unit for three months, and in doing so, you increased the attractiveness and show-ability of the home, and let’s assume this effort on your part increased the value of your home by $10,000.00, that is a pretty good investment on your part. Even if it was $5,000.00 – what if it was $30,000.00? You would never really know, unless you waited ninety days into the process to get rid of the clutter – and then saw the offers come in.

Perception Perception Perception