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Top Real Estate Agent George Arvanitis Joins RE/MAX Premier Properties in Chicago’s Gold Coast

Chicago, IL (PRWEB) May 06, 2012

Top real estate sales agent George Arvanitis, who previously worked for Coldwell Banker, @Properites, Sudler Sothebys, and most recently Conlon Real Estate Company, has joined RE/MAX Premier Properties, located at 1205 N. Dearborn Pkwy. in Chicagos Gold Coast neighborhood.

Arvanitis is excited to start this new phase of his real estate career and has already had record breaking sales in his first 60 days with RE/MAX.

I looked at all the major companies but was most impressed with RE/MAX, Arvanitis said. It had all the qualities I was seeking: a strong support staff, a commitment to technology and global reach. RE/MAX has a multitude of tools for its agents. I thought coming to RE/MAX would give me the opportunity to expand on what I am already doing.

During the last 15 years, Arvanitis has seen real estate markets both strong and sluggish. In the current market environment, he has put an increased focus on short sales and foreclosures, with half of his transactions during the last three years in one of these two categories.

Ive learned that it doesnt matter what kind of economy you are facing. You have to continue to work hard, Arvanitis said. You must stay in constant contact with your buyers and sellers to make sure each transaction closes, which can be a challenge in this market. Agents today have to be on top of everything to make sure that nothing falls through the cracks.

It is critical that both buyers and sellers understand what kind of real estate market they face, Arvanitis said

The current market represents a great opportunity for buyers, and it will for years to come, added Arvantis. Sellers have to be educated about the market so they know what a solid listing price is today.

Selling has long come naturally to Arvanitis. For more than three decades, he worked in the advertising sales field, holding the position of director of advertising sales for MTV Networks and serving as account director for Ted Turner Media, which included the properties of CNN, TBS and TNT. Arvanitis was also vice president of advertising sales for CNBC network.

Attracted to the challenges and rewards of working for himself, Arvantis moved into real estate sales 15 years ago. He immediately thrived in this new career, regularly ranking among the top 1 percent of real estate agents in the Chicago area.

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Top Real Estate Agent George Arvanitis Joins RE/MAX Premier Properties in Chicago’s Gold Coast

Self-storage packs top low-risk real estate return

The best real estate investment in the past decade was found at the opposite end from trophy resorts and office towers, in 5-foot-by-5-foot lockers.

Self-storage companies, which rent units to small businesses and consumers, produced the best risk-adjusted return among 10 U.S. real estate investment trust indexes in the past decade, according to the Bloomberg Riskless Return Ranking. They had the highest total return and the third-lowest volatility, for a risk-adjusted gain of 10.6 percent. Owners of offices, hotels and warehouses fared among the worst, hurt by price swings.

Public Storage, CubeSmart, Extra Space Storage Inc. and Sovran Self Storage Inc. attracted investors with low debt ratios and steady cash-flow growth in a decade that saw commercial-property values soar to records along with sales of mortgage-backed bonds to finance a wave of takeovers. The debt-to-assets ratio for Public Storage, the largest in the group, is 22.5 percent, half the average 45 percent for REITs, said Michael Knott, managing director of real estate research firm Green Street Advisors Inc., making the stock less susceptible to large price swings if the economy worsens.

"Public Storage has incredibly low leverage compared to the average REIT," Knott said. "It's typically not as volatile."

Demand tends to be driven by life changes, which often entail moving, such as college graduation, job changes, divorce or death.

"If you get married, you don't necessarily throw your couch away, you don't necessarily throw away the buffalo head, what have you," said Clemente Teng, vice president of investor relations for Public Storage. "You put it in storage."

Public Storage has about 1 million tenants at any given point in time, with the average lease of existing tenants running about 36 months, Teng said. More than half its tenants have rented their units for more than one year, he said.

"People always think, 'I'll just house it for a couple of months and then get it all out, but the problem is once you get all your stuff in, the last thing you want to do is spend a Saturday cleaning it out," Teng said.

Storage units are relatively cheap to build and "when we re-rent a space, all we have to do is sweep it out," said Teng. "We don't have to change the carpeting, paint the walls."

Increased usage of Internet marketing has helped storage REITs attract more customers from smaller operators during the sluggish economic recovery, said John Murphy, a vice president at Cohen & Steers Inc. The storage business is fragmented, with the publicly traded REITs accounting for just 10 percent of the U.S. market, he said.

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Self-storage packs top low-risk real estate return

Dot Com Pho – Real Birthdays of Orange County Edition

Things are always done differently in Orange County, so I guess I shouldnt expect kiddie birthday parties to be the same as Vancouver. For one thing, nearly all the OC birthday parties are done outdoor. You have the great Southern California weather to thank for that. In addition to the standard inflatable castle, this birthday party included horseback riding and a miniature train. I hope Sally is not expecting a bigger production when her birthday rolls around.

In addition to the real birthdays of Orange County, this edition of Dot Com Pho features Charlie the Dot Com dog, a girl who cant stop laughing, straw as art, and I put a $1,0Ǡ bounty on the Bowtie man. Anyone is welcome to join us for Dot Com Pho. Follow me on Twitter to find out the time and location of the next one.

Dot Com Pho Vancouver Free Comic Book Edition

In Vancouver, Michael Kwan tells us about how to get free comic books, Ed Lau gets into the culinary delights of pig anus, and Spencer shows off the rugged Griffin Survivor case for the new iPad. This episode was shot on the Samsung QF20 camcorder, which also serves as the gadget of the week.

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Dot Com Pho – Real Birthdays of Orange County Edition

NOKIA CHANNEL ME (DOT) COM Ft MANOJ Tv – HD 1080p – Video

05-05-2012 07:57

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NOKIA CHANNEL ME (DOT) COM Ft MANOJ Tv - HD 1080p - Video

NOKIA CHANNEL ME (DOT) COM Ft YUSUF Tv – HD 1080p – Video

05-05-2012 08:14

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NOKIA CHANNEL ME (DOT) COM Ft YUSUF Tv - HD 1080p - Video