Bruce Norris Is Joined By Ted Boecker, Mike Novak-Smith, and Shelly Lindekugel on the Real Estate Radio Show #585

This week Bruce Norris is joined by Ted Boecker, Mike Novak-Smith, and Shelly Lindekugel. Ted is the owner and broker for Re/Max Results in Moreno Valley, which he started in 1989. Ted has vast experience in real estate and has been able to train and lead 35 of Southern California’s highest producing real estate brokers and agents. Before opening RE/Max results, Ted practiced law with Miller Hodges and Bemis LLC in Newport Beach. Mike Novak-Smith is one of the nation’s largest REO agents and has managed and sold 1,000 homes for corporate sellers. Mike specializes in the default service side of the business, which focuses on REO short sale evaluation products. Shelly Lindekugel is the certified real estate broker manager with a diverse background in the real estate industry, which began in 1989. In 2012, Shelly stepped down from management to pursue real estate sales once more. She and her partners have consistently been named top performing team, closing approximately $15 million annually

Bruce discusses with them how things changed in 1989 when the market started to decline, the real estate market in general when it comes to short sales and REOs, the top places people are migrating to find cheaper housing, the urgency to buy right now, the ease of getting a yes answer from a lender, risks involved in Subject To deals, what happens when one party in a contract breaches the terms, and much more on the real estate radio show and podcast.

Play Now

Ted Boecker of RE/MAX Joins Bruce Norris on the Norris Group Real Estate Radio Show #464

Bruce Norris is joined this week by Ted Boecker. Ted is the owner and broker of Re/MAX Results in Moreno Valley, a company started in 1989. He has a lot of experience in real estate and has trained and led 35 of Southern California’s highest producing real estate brokers and agents to close deals quickly and efficiently for a variety of clients in commercial, residential, and multifamily real estate. Nationwide Home Loans, Inc. Re/MAX Results escrow divisions are associated companies. Before opening Re/MAX Results, he has been a lawyer, homebuilder, and contractor. Bruce and Ted discuss the market when Ted got involved, policy changes in the last 8 years, land contracts, the risk factors for lenders, seller motivations in the past compared to today, the requirements for a good agent and if they are the same, interest rates, the number of young adults owning real estate, and much, much more on this week's Norris Group real estate radio show and podcast.

Play Now

Mike Novak-Smith and Ted Boecker of RE/MAX Join Bruce Norris on the Real Estate Radio Show #431

Bruce Norris is joined again this week by Ted Boecker and Mike Novak-Smith. Ted is the owner and broker of RE/Max Results in Moreno Valley. He started the company in 1989, and he has been experienced at practicing law and being a general contractor. He has also operated different types of developments. Mike Novak-Smith is one of the leading REO agents in the entire country and the top 1% of all real estate agents nationwide. He is experienced in REO short sales, bankruptcies, asset management and negotiating. He specializes in REOs in Riverside and works with Ted’s brokerage. Bruce, Mike, and Ted discuss the difficulty today in getting loans, hedge funds, the decrease in loans handled by FHA, the need for a open market sale, the cut in full-time jobs, the initial pre-qual process, the decline in FHA loan limits, and much more on this week's Norris Group real estate radio show and podcast.

Play Now

Mike Novak-Smith and Ted Boecker of REMAX Join Bruce Norris on the Real Estate Radio Show #430

Bruce Norris is joined this week by Ted Boecker and Mike Novak-Smith. Ted is the owner and broker of RE/Max Results in Moreno Valley. He started the company in 1989, and he has been experienced at practicing law and being a general contractor. He has operated different types of developments. Mike Novak-Smith is one of the leading REO agents in the entire country and the top 1% of all real estate agents nationwide. He is experienced in REO short sales, bankruptcies, asset management and negotiating. He specializes in REOs in Riverside and works with Ted’s brokerage. Bruce, Mike, and Ted discuss the transition in the industry from 1989 to 1992, inventory accumulation from HUD and VA auctions, this year's sales, lending in 2015 compared to other years, the price people are willing to pay for loans, and much more on this week's Norris Group real estate radio show and podcast.

Play Now