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WestWords - April 2020

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WestWords April 2020


I am WestUSA

With Renata LuzHoxsie

I am persistent I am hard

I am helpful

working

I am humanistic

I am caring

WestUSA

I am I am experienced


Renata LuzHoxsie

I Am West USA Testimonials Renata was extremely helpful when we bought our first home. Immediately we felt comfortable with her and she was always very honest and open about the homes that we went and looked at. I recommend her to everyone who needs a very professional and experienced person. Highly likely to recommend •1/09/2019 - Alex Simpson • Bought a Single Family home in 2018 in Mesa, AZ Renata is an awesome realtor. We were first time home buyers and she was there every step of the way. She still stays in contact almost a year later. I highly recommend her to anyone wanting to purchase a house. She is very knowledgeable in real estate and also with home improvements. Highly likely to recommend • 11/08/2019 - Mark Kimball • Bought a Mobile / Manufactured home in 2018 in Mesa, AZ Renata’s persistence to find a home for us in Arizona’s current market had exceeded my expectations and placed us in the perfect home. Having already used her services to find a place for us to rent, she once again proved she would work relentlessly and patiently to find a house most suitable for us. Highly likely to recommend • 11/08/2019 - Ricky Espinoza • Bought a Single Family home in 2019 in Mesa, AZ We bought our first house with Renata and I honestly couldn’t recommend someone better. She was so patience with us and truly wanted what was in our best interest. Not to mention she is just all around the sweetest person. Highly likely to recommend • 1/08/2019 - Marjorie Keeton • Bought a Single Family home in 2019 in Mesa, AZ

Renata was very helpful and knowledgable especially since we were first time buyers. She had knowledge about areas and helped us narrow down houses we liked. I would definitely recommend Renata to family and friends. Highly likely to recommend • 10/06/2018 - Unknown • Bought a Single Family home in 2018 in Desert Harmony, Mesa, AZ


Cares Tip One of the best ways to create business is to share great things happening in the communities. Statistics show that people want to work with others that give back. The West USA Cares division post many amazing things that the Company and our family of Realtors are doing out in the communities. Join our Facebook page, West USA Realty Cares, to see what is happening and share it as part of your ongoing marketing for your business. Be proud to show what your company does out there and hopefully you have some amazing things that get shared as well. For more information please feel free to message us on Facebook or email us at cares@westusa.com.


Do You Know Who You Are Calling? The first prohibits telemarketing calls to numbers registered with the national Do Not Call Registry. The second requires a caller to obtain written consent before using an autodialer to send telemarketing text messages or calls, even when the number called is not on the DNC registry. In the 17 months after the By Jonathan Waclawski Federal Communications Commission’s July 2015 order clarifying TCPA rules, 3,121 lawsuits were filed, As a real estate professional, you’re constantly targeting U.S. businesses of all kinds, a 46 percent looking to grow your business. While picking up increase from the 17 months prior to the clarification. the phone to call potential clients and solicit new And aggressive plaintiffs’ attorneys are increasingly business may seem outdated in today’s digitized focused on real estate in class-action TCPA litigation. world, the reality is that the telephone still plays In April, a consumer sued a California brokerage an important role in marketing. In fact, using your alleging the brokerage violated the TCPA by making phone to send text messages to potential clients unsolicited, autodialed calls to consumers without their is more common than ever. But also becoming consent, including to consumers registered on the Do more popular are class-action lawsuits alleging Not Call list. These lawsuits can be expensive, as the violations of theTelephone Consumer Protection TCPA provides for statutory damages ranging from Act.The TCPA is a federal statute, premised on $500 to $1,500 per violation. While plaintiffs more protecting residential and personal telephone numbers from telemarketing and autodialed calls. often target deep-pocketed brokerages, individual Two primary restrictions are at the heart of the law. agents are not inherently protected.


How to Avoid Being Sued Protect yourself by ensuring the numbers you text or call are not included on the DNC list. Adopt a written policy that includes these requirements: Check your call lists every 30 days against the Do Not Call list (available attelemarketing.donotcall.gov). Record consumer removal requests, and add removed numbers to an internal company do-not-call list. Honor do-not-call requests promptly (no later than 30 days from date of request) and for aminimum of five years. While many states have elected to use the national Do Not Call list as their statewide registry, 12 states maintain separate registries. Therefore, if you make telemarketing calls or send text messages in Colorado, Florida, Indiana,Louisiana, Massachusetts, Mississippi, Missouri, Oklahoma, Pennsylvania, Tennessee, Texas, or Wyoming, make certain you are aware of any state-specific do-not-call restrictions.

Scrub call lists against the state lists in addition to the national registry. Next, before texting or calling people with marketing messages, get their written consent. Consent is best achieved through a written agreement that is signed by the consumer (an electronic signature is sufficient). The agreement should include the consumer’s phone number and state that the consumer authorizes you to place telemarketing calls to the consumer. It should also disclose that the consumer is not required to sign the agreement as a condition of purchasing any property, goods, or services. Practically speaking, this consent can be incorporated into existing methods of acquiring potential client contact information, such as open house sign-in sheets. But you must let consumers revoke their consent and opt out of receiving future texts or calls. Learn how to ensure your phone call marketing plans comply the TCPA’s do-notcall registry restrictions by visiting to this link: https://www.nar.realtor/window-to-thelaw/comply-with-the-do-not-call-registry

Any questions or concerns, contact West USA Realty’s Designated Broker: Duane Fouts 602-942-4200 duane@westusa.com


Information From Past Pandemics, And What We Can Learn: A Literature Review By Svenja Gudell The United States has officially entered a bear market, with major financial indices falling by more than 20% since the beginning of the year. The market has fallen in response to a mix of information, including global community spread of the Novel Coronavirus COVID-19, a travel ban for Europeans into the US, and general uncertainty about a fiscal response to the virus. Zillow Research conducted a deep dive into past research and data on the economic effects of global pandemics to help provide perspective on what the future could hold under various scenarios. We found the following main quantitative patterns: · During epidemics such as the 1918 influenza or the 2003 SARS outbreaks, economic activity fell sharply during the epidemic (a 5-10% temporary hit to GDP or industrial production over the course of the epidemic) but snapped back quickly once the epidemic was over. · This pattern differs from a standard recession, which is a situation in which economic activity falls for 6-18 months and then recovers more slowly. · During SARS, Hong Kong house prices did not fall significantly, but transaction volumes fell by 33-72% as customers avoided human contact (“avoidance behavior” like avoiding travel, restaurants, and public gatherings). After the epidemic was over, transactions snapped back to normal volumes. · During the current episode in China, early news reports indicate that home prices have so far not fallen but transactions have nearly ceased. · During standard recessions, home prices and transaction volumes may fall but this is not always the case (e.g. the 2001 recession). · Before February 2020, leading economic indicators (job openings, the yield curve, interest rate spreads, and sentiment indicators) were giving mixed signals about the risk of a standard recession this year, with betting markets (PredictIt, 2020) giving probabilities ranging from 30% in December 2019 to 15% in January 2020, rising to 44% as of March 1. PredictIt defines a recession as at least two consecutive quarters of falling GDP. · It is difficult to precisely forecast the probability of an epidemic-related downturn and/or how such a downturn could provoke a standard recession because this depends on how COVID-19 progresses and how this progress interacts with preexisting recession risks and policy responses (ranging from doing nothing to shutting down entire cities for months at a time). For more, visit zillow.com/research/pandemic-literature-review-26643.


Market Statistics Last 30 Days:


April 2020 SUNDAY 29

MONDAY 30

TUESDAY 31

WEDNESDAY 1

THURSDAY 2

FACEBOOK BASICS Webinar w/ Keith Flynn 10:00am - 11:30am @ Online Via Live Webinar

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West USA Weekly Webinar 9:00am - 10:00am @ Live Webinar Corporate Orientation Webinar 10:30am - 12:30pm @ Online Via Live Webinar

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7 How To Use iFound Agents Website/Marketing Platform Webinar 10:00am - 12:00pm @ Live Webinar

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SATURDAY 4

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• Arrowhead Broker Round Table 10:00am - 11:00am @ LIVE in the Arrowhead Closed Facebook Group • Fortunes Will Soon Be Made! Creating Wealth Webinar By Michael Douville 10:00am 11:00am @ Live Webinar

9 SMART VIDEO W/ YOUR SMARTPHONE Webinar w/ Keith Flynn 10:00am - 11:30am @ Online Via Live Webinar

FRIDAY 3

Virtual Transaction Desk Training 10:00am - 11:00am @ Live Webinar

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28

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West USA Weekly Webinar 9:00am - 10:00am @ Live Webinar

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20 West USA Weekly Webinar 9:00am - 10:00am @ Live Webinar

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27 West USA Weekly Webinar 9:00am - 10:00am @ Live Webinar

Employee of the Month

Congratulation to Mindy Thompson our Employee of the Month for April! Mindy’s dedication to all agents is apparent the minute you start talking to her. On top of being West USA’s Director of Career Services she is also a Mike Ferry coach. We are honored Mindy has chosen to be a part of our West USA Realty family!


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