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Aug. 15, 2007 Edition |
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Silent Auction Returns To Annual Convention Your participation can help others find success beyond the imagination!
Last year, the Silent Auction raised $5,165 for the Foundation! We are counting on your generosity yet again. If you would like to donate an auction item (cash, gift certificates, and gifts are all welcome), please send it to HVA's corporate office (Attention: Silent Auction) by Friday, Nov. 9.
For more information about the Ken D'Angelo Foundation, visit www.kendangelofoundation.com. Save $300 -- Register Early! Remember To Make Your Hotel Reservations . . . For more registration information, contact FayLisa Jones at 972.761.0046, ext. 162. For information about the Ken D'Angelo Foundation, contact Vonda Mathews at 972.761.0046, ext. 139. | ||||||||||||||||||
Mastering A Skill Requires Practice Dedication makes the difference
How do you master a skill? I learned a lesson from my 12-year-old son this week. When I turned into my driveway at about 7:00 p.m., he was standing there with a basketball. He was dripping wet; obviously, he had been out shooting for some time. As I got out of my car, my son said, "Guard me -- I want to show you something." So there I was in my dress shoes and long sleeve shirt, guarding my son under the basket. He made a fake to the right, and made a flip shot with his left hand. I challenged him again, knowing that making a left handed shot had to be luck. There was no way he could do it twice in a row. He didn't. It was more like nine or ten times in a row. I asked how he learned to shoot left handed. His response: "That's what I have been working on all afternoon." Later, my wife said he had literally spent four to five hours non-stop, making the same shot over and over again. That evening, I was thinking about a call I had with one of our Buyers earlier in the day. The Buyer was not having a lot of success, and was blaming it on the leads and the market. Yet, after I asked a few questions, it was obvious to me that the Buyer had never practiced the presentation. I could not help wondering what kind of success the Buyer would have if he simply made a decision to master the skill of buying a house. The HomeVestors business is like any other business in that it requires the mastery of certain skills. The Buying process itself requires several skills -- developing rapport, finding the pain, and many others. In many of our markets, franchisees have had to develop a new set of skills to help them sell houses. Those who master the skills that determine success will be the most successful. But how do you master those skills?
So, what skills do you need to master? . . . David Hicks is HVA's VP of Operations. He can be reached at 972.761.0046, ext. 201. | ||||||||||||||||||
North Carolina Legislation Defeated NARHRI stops effort to ban "Subject To" transactions in the state
NARHRI recognizes the problem posed by foreclosure rescue schemes, not just in North Carolina, but nationwide. Our advocates work with lawmakers and attorneys general around the country on ways to eliminate these scams from our industry. This year in North Carolina, NARHRI reached out to the sponsor of this legislation in the spirit of compromise and later submitted a variety of alternative language that would have directly addressed rescue scams reported in media outlets throughout the country. Lawmakers in the state remain committed to passing legislation addressing foreclosure rescue scams, and NARHRI will continue its work in the state on behalf of our members. NARHRI plans to improve outreach to lawmakers in the state through our Community Appreciation and Rehabilitation Educational Services program (NARHRI CARES) and through additional meetings. Through this hard work, NARHRI believes that a reasonable solution can be reached on this important consumer protection issue. NARHRI hopes, although we are not overly optimistic, that the efforts for a complete ban on all "Subject To" transactions will come to an end. The legislation introduced in North Carolina for the past few years has been deceptive in its intent, as efforts to ban these transactions have been cloaked in various impossible-to-comply-with provisions such as bond requirements and letters of permission from lenders. The legislation is also completely isolated in terms of its strategy to stop foreclosure rescue scams. While legislation in other states may not be perfect, those efforts are focused on a specific transaction that is almost always the focus of investigations and media articles related to foreclosure rescue scams. Proponents of this ban on "Subject To" transactions have never offered any substantive empirical data linking it to the problem of foreclosure rescue scams. Instead, their failed campaign has centered on slandering the real estate investing industry. NARHRI looks forward to raising the level of discourse in the state on this issue, and reaching a resolution next year. Our work on behalf of our members continues into the fall, not just in North Carolina, but in many states throughout the country. The National Association of Responsible Home Rebuilders and Investors (NARHRI) is a Washington, D.C.-based association representing independent real estate investors, state real estate investor clubs, real estate speakers, and corporations with interests in real estate investing. NARHRI's goal is to unify honest, professional investors and protect consumer interests, while at the same time defending the industry from overzealous legislative and regulatory proposals. NARHRI's national network of lobbyists educate investors, lawmakers, government officials, and the media about the benefits of the industry and the best practices for weeding-out rogue investors. . . . John Grant is the executive director of NARHRI. He can be reached at 202.607.7580. | ||||||||||||||||||
HVA Elects Board Of Directors Results indicate strong shareholder response and support
On June 14, 2007, the shareholders of HomeVestors of America, Inc., cast their votes for the 2008 HomeVestors Board of Directors. All board members nominated by the company were re-elected, receiving approximately 95% of the votes cast. Each board member will serve a one-year term. HVA President and CEO John P. Hayes was re-elected Chairman of the Board for the third consecutive year. "I am grateful for the strong support demonstrated by our shareholders," says Hayes, "and I appreciate the fact that our shareholders remain enthusiastic about the direction of our company and are committed to our future development." The other 2008 Directors who were re-elected are as follows:
HVA looks forward to a very successful 2007-2008 year with the newly elected Board of Directors charting its course. HVA and the Board appreciate the strong support and confidence shown by the HVA shareholders as indicated by this very favorable vote. . . . Bonnie DePasse is HVA's VP/Legal and ombudsman. She can be reached at 972.761.0046, ext. 133. | ||||||||||||||||||
For more information, contact HomeVestors 10670 N. Central Expwy. Suite 700 Dallas, TX 75231 Telephone: 972-761-0046 Or visit http://www.HomeVestors.com. Copyright, 2010, HomeVestors of America, Inc. All rights reserved. |
This year at Success Beyond the Imagination: HomeVestors' 11th Annual Convention, Team HVA will once again have the opportunity to participate in a Silent Auction to benefit the Ken D'Angelo Foundation. Donated items will be displayed throughout the foyer and exhibit area, and all registrants will have the chance to bid on them beginning at the Vendor's Welcome Reception on Wednesday, Dec. 5.
The Ken D'Angelo Foundation annually awards scholarships in amounts ranging from $1,000 to $2,500 to students who are pursuing an accredited degree in real estate, business, franchising, or entrepreneurship. This year, the Foundation has awarded more than $10,000 in scholarships. Recipients of the 2007 scholarships have been invited to attend the Annual Convention. 
