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Watts Happenings News and Blog

Watts Realty in California to Learn New Things about the future of Property Management Software.

Michael Watts - Thursday, September 20, 2018

David and Kristin are in California this week learning the ins and outs of our new Appfolio management software that will benefit our clients and tenants alike. #justvisiting #siliconvalley. #representbham 

The Importance of Investing in the REALTORS Political Action Committee (RPAC)

System - Monday, August 27, 2018

By Chip  Watts, CPM, CCIM®, IREM Senior Vice President & 2018 Secretary/Treasurer  Nominee
RPAC  President’s Circle Golden R® Investor

As an affiliate member of the National Association  of REALTORS®, CPMs are eligible to invest in the REALTORS®  Political Action Committee (RPAC)The purpose of RPAC is clear:  REALTORS®, and its affiliate designees such as CPM, CCIM®, SIOR®, ALC® and  CRE®, raise and spend money to elect candidates who understand and support  their interests. Candidates who receive support from RPAC are not selected  based on their political party or ideology, but solely on their support of real  estate issues. RPAC supports federal, state and local candidates who understand  that a vibrant real estate market is only achieved when both residential and  commercial markets are strong. In short, it’s a package deal.

The money to accomplish these objectives comes from  voluntary contributions made by REALTORS® and affiliated designations. These  are not members’ dues; this is money given freely by REALTORS® and other  members, such as CPMs, in recognition of how important campaign fundraising is  to the political process. RPAC doesn’t buy votes. RPAC enables us at IREM to  support candidates that support the issues that are important to our profession  and livelihood.

The return on your RPAC investment is substantial.  RPAC investments have helped retain important polices, such as 1031 Like-Kind  Exchanges and Carried Interest, which were preserved in the Tax Bill. RPAC has  also allowed us to support candidates at the state and local level who support  our issues.

With IREM’s partnership with the REALTORS®, we are  over 1.3 million voices together.  If  each one of us provides just our individual annual investment goal of $15 per  year to RPAC, our industry will have over almost $20,000,000 to support  candidates at the local, state and federal level who support our issues.

RPAC regularly works on commercial and multifamily  issues, such as:

  • ADA “Drive-by” Lawsuit Reform: We support the ADA  Education and Reform Act (H.R. 620), which will provide a notice and cure  provision to stop unscrupulous lawyers from threatening lawsuits to property  owners on easily correctable deficiencies to the ADA. This legislation passed  the House and is awaiting consideration in the Senate.
  • Reform of the National Flood Insurance Program  (NFIP): We support reforming NFIP to ensure its ongoing sustainability that it  encourages cost-effective private flood insurance options, and through  long-term reauthorization, it remains a viable option for property owners for  years to come. 
  • Rent Control: We oppose government control of rents  and support a property owner’s right to establish rents that produce sufficient  income to accommodate the basic needs of residents and encourage investment in  new and existing properties. We urge elected officials at all levels of  government to oppose rent control as it is counterproductive to the best  interests of all segments of society and the economic well-being of the nation.
  • Data Security: We support government efforts aimed  at sharing information about possible cyber threats, establishing reasonable  data security standards, and helping avert security breaches and their  aftermath. We oppose legislation that would be overly onerous on property  owners and managers or their clients.

Making an investment in RPAC is simple and easy. Here’s what you  need to do:

  • Call your  local or state REALTOR® Association and tell them you want to have a voice in  the democratic process by investing in RPAC today.
  •     
  • Contact  National RPAC at 202-383-1029 and make a personal investment  using a personal credit card or check payable to RPAC. 
  •     
  • For more  information or to invest online, please click here. Your  generous investment will go directly to the election campaigns of pro-real  estate candidates.

Remember: As a CPM designee, YOU are a member of the REALTOR®  family. There are many tools, resources, programs and grants available to you  and your chapter.  We encourage you to  actively use the benefits your REALTOR® family can provide at the local, state  and federal level – including investing in RPAC!

Thank you to our 450 CPM investors from IREM who have invested  over $68,000 to date this year in RPAC! Your investment has already proven to  be productive! 

Make an investment  in RPAC today!! If  you have any questions, please contact Liz Demorest, NAR PAC Fundraising  Manager at LDemorest@realtors.org. 

Contributions to RPAC are not deductible for federal  income tax purposes. Contributions are voluntary and are used for political  purposes. The amounts indicated are merely guidelines and you may contribute  more or less than the suggested amounts. The National Association of REALTORS®  and its state and local associations will not favor or disadvantage any member  because of the amount contributed or a decision not to contribute. You may  refuse to contribute without reprisal. Your contribution is split between  National RPAC and the State PAC in your state. Contact your State Association  or PAC for information about the percentages of your contribution provided to  National RPAC and to the State PAC. The National RPAC portion is used to  support federal candidates and is charged against your limits under 52 U.S.C.  30116. Federal election law prohibits RPAC from soliciting contributions from  persons outside the restricted class. Any contributions received from outside  the restricted class will be returned.

Chip Watts Participates in IREM Economic Panel in Richmond Virginia

Michael Watts - Friday, August 24, 2018

Our very own Chip Watts was featured in an economic panel in Richmond, VA this week. While Chip was on stage with three economists (including Congressman Dave Brat), he held his own as the business expert. He took all the numbers the economists were throwing out there (like GDP, employment growth figures, Fed interest rate hikes) and boiled it all down to the actual "real world" impact on real estate. Check out the article! https://www.richmond.com/business/local/economics-panel-foresees-continued-growth-with-interest-rates-and-trade/article_ed540248-b3ef-5fbb-9bc5-3745dd8aba9a.html?fbclid=IwAR1ADg3mcuzx_84RS55AAJfdN_fjKazBd1y2PWrl43j_hlDpwvopkrQ2SVA

Full-time Maintenance Technician Position Avialable

David Watts - Thursday, July 26, 2018

Full time Maintenance Technician position available. Main tasks include changing locks, securing properties, installing signage, minor plumbing, minor HVAC, minor electrical, sheet rock repair, painting, glass installation, caulking, cleaning, posting notices, other tasks requested by both commercial Tenants & Residents, and any other tasks as assigned by Property Manager or Office Manager. Must be able to keep good time records, good notes, and complete paperwork effectively & efficiently. Promptness & Reliability & Trustworthy are VERY IMPORTANT. This is a rare opening, and our maintenance technician operates as one person technician, so there is no on job training available for people looking to get into maintenance for the first time. Looking for an established & experienced maintenance tech with years in the industry.1527 3rd Ave S, Ste 102Birmingham, Alabama 35233

Traditional Restaruant Chains Launch Fast-Casual Concepts to Lure Millennials

Michael Watts - Friday, July 6, 2018

In 2015, Cracker Barrel leased the corner space in Downtown Homewood for a new conceptual restaurant aimed at urban millennial's. It was a big secret until opening day too. Now it looks like success as other major franchises follow suit with their own versions of Fast-Casual restaurant. Well done Cracker Barrel, well done. 

https://www.nreionline.com/retail/traditional-restaurant-chains-launch-fast-casual-concepts-lure-millennials

It's Summer! and that usually means... CAMP!

Michael Watts - Thursday, June 28, 2018

It's Summer! And for many kids, that means one thing... CAMP!! Unfortunately, there are some kids who don't get the same opportunities to experience summer camp.  Which is why Watts Realty and YMCA Camp Cosby, along with the Birmingham YMCA raise money to provide underprivileged kids a summer experience they'll never forget. You can help a child experience summer camp for the first time.  Visit https://www.ymcabham.org/donate_1 for more information. Or give directly by visiting https://ops1.operations.daxko.com/Features/OnlineGiving/DonationDetails.aspx?cid=2069&campaigner=503364 
 












We are so happy to be able to help Annabelle, June and many more kids experience new opportunities, activities and friends. 

Civil Axe Throwing Coming to Birmingham

Michael Watts - Tuesday, June 5, 2018

Who wants to take a group of friends axe throwing? WE DO!!!! This looks like so much fun! 







https://www.bizjournals.com/birmingham/news/2018/06/01/axe-throwing-venue-to-open-in-lakeview.html?ana=e_ae_set1&s=article_du&ed=2018-06-01&u=u2aD8eDtco2OgIcqa5sLYfoaZYy&t=1527886383&j=81914431

Don't Try to Fill In Your Gaps!

David Watts - Monday, May 7, 2018

Amazing insight from a person very important to the Watts family, Austin Suellentrop. Austin is a Gallup Learning and Development Consultant but also a friend.


We have an amazing team at Watts Realty! We know people have difficulties and/or can make a mistake when outside of their specialty. BUT, we have people at Watts that are great with the respective property management tasks, excelling beyond others and excelling beyond the competition. I am proud of Austin & his ability to share his ideas. I am even more proud of our team & office for the reasons Austin presented at TEDxBirmingham.


Watch & Be Inspired! #TEDxBirmingham

~David

Why We Answer The Phone

Michael Watts - Tuesday, April 3, 2018

I read a really interesting blog article from another property manager in the area today.  The post was titled "Why Don't You Answer the Phone?", and was written in response to troves of negative online reviews they have received over their 10 years in existence as a property manager.  

With explanations like:


"If we could, we would love to give the people who contact us a wonderful experience."


and


"We would need a team (a very large team) of people to answer all the calls . . . and really, we would love to hire that team. The only problem is to have that many people on the payroll would affect what we would need to charge our owners for our services." 


Why a company would not answer the phone and then double down by giving a rather lazy explanation just amazes me.  So this is my response as to why Watts Realty answers the phone


 1. We get thousands of phone calls every month... and it actually takes less time to answer the phones than to respond to an email. A majority of phone calls are handled in 2 minutes or less; and being able to answer them is just basic business sense

 2.  We’d much rather prefer to talk with you over the phone... than read a negative review. .  Most callers just want to know the basic information that we can easily provide to them over the phone, even if it's just to guide them to our website. It’s just easier that way.

3. We put people over profit...  by having enough staff to answer the phones without raising the cost to our clients.  In fact, our entire office staff is trained to answer the phone. It's an integral part of our office culture. Some of our competitors don’t believe this is possible, but it is. We are a family business, therefore we understand the value of jobs and that people need them even if it’s just to answer the phone.

4. Customer Service... self-explanatory!

What is our solution?

The graph to the left (which was also referenced by this management company) clearly shows that 48% still use a phone to contact businesses. And a whopping 80% of customers still prefer to use a phone over email when communicating. Is it really that hard to see those hard numbers and understand that a good business model includes answering the phones?


Our solution? To keep answering the phones and continue to provide the best property management services in Central Alabama as we have for more than a century.  You don’t just have a business for 112 years if you're not doing things the right way.

So in conclusion, if you have questions related to property management services or just need some information on a house we have available for rent, by all means, please call us.

Mix-Used Building Near TJ Tower Now on the Market!

System - Wednesday, March 21, 2018
Just listed and already receiving lots of activity. We really enjoy walking through this building and getting a sense of it's history. Would be a great space for renovation next to TJ Tower and just a blocks from Innovation Depot and the new Birmingham Intermodal Terminal. Check out the link or head to our website for more... https://www.bizjournals.com/birmingham/news/2018/03/21/mixed-use-building-near-thomas-jefferson-tower.html




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