Business, Title Insurance New York

Business Links of Interest for Christmas Week 2014!

business santa clause

With Christmas a mere two days away and 2014 coming up fast, one or more of these articles will hopefully prove helpful as we plan our business strategies for the New Year!

Attract more real estate clients by eliminating tolerations, practicing extreme self-care – Read more about toleration avoidance or those little distractions that sometimes distract us from the greater task at hand!

Get it Done: 35 Habits of the Most Productive People (Infographic) – Because who amongst us doesn’t want to be more productive?

Nation’s Law Schools See Lowest Enrollment Since 1975 – Less than 40,000 for the first time in over 40 years!

Which charity? – If your business is considering becoming involved with a specific charitable cause in 2014, these are some insights that may help.

For questions about title insurance or to compare the title bill for your New York residential or commercial real estate purchase or refinance please visit Hallmark Abstract Service at http://www.hallmarkabstractllc.com or send us an email at orders@hallmarkabstractllc.com.

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Business, Title Insurance New York

Business Links of Interest for Monday, December 16, 2013!

2014

With this the final full week before Christmas and New Years it’s a good time to look ahead to 2014 and new strategies that we might be thinking about implementing or stories that may have an impact in one way or another on our business!

These links are to articles that may be of interest.

Starting the Year Right: Business Development Goals for Every Lawyer – While attorney’s are the target audience of this article, the advice can actually be applied to just about any business!

Listing appointment a prime opportunity to dispel pricing myths, learn true motivation for selling – Once again, while this article focuses on establishing rational pricing expectations for the sellers of real estate, in any business that’s not commodity in nature this process is critical, particularly for new prospects!

55+ Housing Market Confidence Is Breaking Records – As Baby Boomers continue the aging process (the alternative is not a particularly good one) it’s a positive sign for those of us approaching the milestone of age 55 that our options for housing will likely be expanding. At the same time for any number of businesses this growing market segment will provide an outstanding opportunity!

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Business, Title Insurance New York

Business Links of Interest for Monday, December 9, 2013!

so little time

For many of us the phrase ‘So much to do and so little time’ rings very true!

And, as a result, we don’t always get to read or learn about topics that may not be specific to our business today and yet are important just the same!

The links below are to articles that may be of interest.

What is Bitcoin? (3-minute video)

Who is this marketing for?

Tips for becoming a market leader

7 Ways to Get Bloggers Buzzing About Your Brand

The 4 Silent Killers of Your Business

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Business, foreclosure crisis, Title Insurance New York

Marketing, Foreclosures and Public Speaking!

Hallmark Abstract Service New York Title Insurance

What do these three topics have in common? Not that much really but if you are in business and/or involved in the real estate market they all can have an impact on you in one way or another!

Attorney’s and Website Marketing

The first article is focused on law firms and the fact that while many have websites, many more still do not.

When searching for an attorney or anything else on the internet, what is the first thing that many of us do?

If you’re like me it’s to look for a website in order to learn more about an attorney or a business who may have been recommended.

Without a website many consumers may pass you by and, for those who do have a website is it effectively presenting your firm in the most complimentary and productive way?

‘Pump Up Your Law Firm Website’

‘Your law firm website is the core of your marketing efforts. Yet it’s easy to take it for granted. We know how it goes — you spend time and trouble getting it to work like you want, and then you move on to more urgent things. But, really, constant attention is needed to keep your website working for you…’

Read the entire article at Attorney at Work here.

What’s your biggest fear? Is it public speaking?

For many it is even coming in on the list as more frightening than death!

Here are a couple of tips to help get over that fear.

‘Speaking in public: two errors that lead to fear’

‘1. You believe that you are being actively judged

2. You believe that the subject of the talk is you

When you stand up to give a speech, there’s a temptation to believe that the audience is actually interested in you.

This just isn’t true. (Or if it is, it doesn’t benefit you to think that it is).

You are not being judged, the value of what you are bringing to the audience is being judged. The topic of the talk isn’t you, the topic of the talk is the audience, and specifically, how they can use your experience and knowledge to achieve their objectives…’ Read the rest of the article at Seth’s Blog here.

Foreclosures to take even more time……….?

If you live, work or practice real estate law in New York State you wouldn’t believe that this could be possible with the current time to foreclose measured in years and not days!

But it may be!

‘QM Rule Could Extend Foreclosure Timelines’

‘Investors and servicers should expect longer liquidation timelines on qualified mortgages that go into default, according to Standard & Poor’s Ratings Services…’ Read the rest of the article at National Mortgage News here.

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Business

The Non-Taper September Surprise and other articles of interest!

Federal Reserve Chairman Ben Bernanke Non-Taper September Surprise!

The consensus in the financial markets leading up to the Fed announcement yesterday was that, at the very least, Federal Reserve Chairman Ben Bernanke would announce a drop in monthly bond purchases of a minimum of $10 billion from the current level of $85 billion.

That didn’t happen as Bernanke left the number unchanged due to the Fed’s analysis of the current state of the US economy and the forecast going forward of stubbornly high unemployment and a relatively weak level of GDP growth.

The article from Seeking Alpha below gives more of an overview of the rationale behind the Fed’s decision and, in addition, there are links provided to other articles for law firms, non-law businesses and real estate companies that we hope you will find interesting, relevant and useful.

The Federal Reserve Surprises With ‘No Taper’ Announcement

‘The Federal Open Market Committee met on Tuesday and Wednesday and decided not to taper Quantitative Easing (QE) not even by a small amount, so the $85 billion monthly bond-buying program remains in place until further notice…’

The Market Pulse from Corelogic

How I Analyze a Real Estate Deal, Step by Step

‘There’s no shortage of investment opportunities. You’ve heard it before but “the deal of a lifetime comes along once a week-” assuming you’re looking! So we prioritize our time, and when a property is presented to us, we first determine how fast we need to act. If it’s been on LoopNet for 4 months, we’ll stick it on the back burner no matter how appealing the numbers…’

Why Your Employees Need to Make More Mistakes

‘Large companies have many advantages over smaller newcomers: lots of resources, plenty of capital and longstanding customer relationships. Also, big companies, with their more experienced personnel and more complex procedures, tend to make fewer mistakes. But that isn’t actually an advantage. In fact, for a new company, a willingness to make mistakes is a strength that management should seek to leverage…’

The Art of Closing a Deal, Today

‘Dealmaking is tough enough in the best of times. But in a period of high competition and a recovering lending environment, brokers—particularly mortgage brokers—have their hands full, trying to orchestrate the best deals for their clients. Just ask Simon Ziff, president of Ackman-Ziff Real Estate Group, a locally based boutique real estate capital advisory firm specializing in a variety of financing solutions…’

For any information or to find the answer to questions concerning title insurance for either residential or commercial real estate transactions you can contact Hallmark Abstract Service by:

Email: orders@hallmarkabstractllc.com,

Phone: 516.741.4723

Or by visiting our website at www.HallmarkAbstractllc.com.

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November 25, 2013 Long Island Fight for Charity Tickets

Come and watch Hallmark Abstract Service President Mike Haltman step into the ring for charity by purchasing your FFC tickets here!

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Business, Title Insurance New York

Five keys to optimism in business!

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Five ways optimists think and act differently!

For anyone either in business for themselves or who works for someone else there are obviously many challenges that arise on a daily basis.

One of the keys, therefore, is to stay focused and maintain as optimistic and positive frame of mind as possible. Of course, as most of us are painfully aware, unfortunately at times that can be easier said than done!

As a guide, from the website Lifehack these are the ‘5 Things Optimists Do Differently’.

1. Optimists know that you don’t necessarily need to achieve something in order to be truly happy.

Happiness comes from within. It’s a conscious decision that you need to make, whether or not things are going the way you want them to.

If you provide a condition to your happiness, like you’ll only be happy if you’re able to achieve something, then what happens if that condition isn’t met?

Success isn’t a guaranteed factor. If you equate happiness with success, you may be happy, but this happiness stops the minute you start failing.

Give yourself the power to be committed to being happy by adapting a grateful outlook in life.

2. They avoid negative people and refrain from encountering bad vibes.

Optimists are well aware that being negative and being positive are both contagious. So, for them to create an optimistic environment, they stay away from grouchy people who always complain.

Instead, they nourish relationships with emotionally supportive and equally optimistic people. They know that life is too short to spend with people who don’t really value them, so they choose to spend it with people who do realize their worth.

3. Optimists respect themselves and their time.

In a way, optimistic people are like wild and brave souls–they are confident that they don’t need the approval of anyone else in order to live their lives. Positive people know that people will always judge them with whatever they do, so why bother pleasing people when it’s obvious that you can never please everyone every single time?

Optimists even have the courage and the confidence to say no to things that don’t really matter to them. They’re not pressured into doing something that they don’t really like, and they’re free to pursue their passion accordingly.

4. Optimists are resourceful people.

Successful entrepreneurs and optimists are both innovative and creative individuals. They know that they’re never going to have everything that they need, so they make do with what they have instead.

– Steve Jobs didn’t wallow in fear when he didn’t have enough money to fund his startup: he sold his only means of transportation, his VW Microbus, to finance it.

– Walt Disney didn’t go into severe depression when he was told that Mickey Mouse is a “giant mouse on the screen that would terrify women”; he pushed through and look at how famous and well-loved Mickey is today.

– Donald Trump was bankrupt four times (in 1991, 1992, 2004 and 2009) but his resourcefulness and innovation gave him a $2.7 billion net worth today.

5. They know that life is not fair–and they’re okay with that.

Most people feel grumpy, frustrated or disappointed because they expect life to be fair for everyone.

Why does Justin Bieber have a lot of haters? Because a lot of people don’t like the fact that he gets millions just by performing and doing his hair flips regularly.

Why are there a lot of complainers all over the world? Because they feel that they’re self-entitled to everything that their neighbors have.

Why are there crime scenes? Because people feel like they’re not given equal treatment (such as equal money with the rest of the society), they should just go ahead and make things equal. By taking the matter into their own hands, they commit crimes instead.

Optimists are not like these people. They know that life is never going to be easy–it’s never fair and it’s never predictable. In fact, they expect life to be unfair and unpredictable most of the time! They accept the fact that their friends may be given more money, that some celebrities are given more fame, and that some of their loved ones are more successful in terms of romance.

And you know what?

They’re okay with that.

Source

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Business, Business management

Business and management thoughts from Richard Branson!

Few entrepreneurs have enjoyed the overwhelming success of Richard Branson, making the opportunity to learn from his ideas, thoughts and experiences incredibly valuable!

Whatever line of work we are engaged in, whether it’s running a law practice, a title insurance firm or an ice cream stand, there are certain fundamental business principles that should be driving and guiding us all.

That said, given the career of Richard Branson that has been highlighted by both overwhelming success and by the diversity of his businesses, his thoughts are at the very least worth listening to.

These are some tips concerning business in general from the serial entrepreneur.

1) Guidelines for business 101!

Regardless of any changes in the way that business today is conducted sparked in large part by quickly and ever changing technological advances, there are five fundamental guidelines that Branson adheres to:

1. If you don’t enjoy it, don’t do it. You must love what you do.
2. Be innovative: Create something different that will stand out.
3. Your employees are your best asset. Happy employees make for happy customers.
4. Lead by listening: Get feedback from your staff and customers on a regular basis.
5. Be visible: Market the company and its offers by putting yourself or a senior person in front of the cameras. (Source)

2) Importance of networking early and often!

‘…To get started, attend industry events and meet key players; join regional business associations and start learning about local market conditions. Also remember that you can meet potential mentors at schools, clubs and business groups. Someday, when you get stuck or when something goes wrong, these contacts will be the people you’ll turn to for help. (Finding investors is a step that follows: People buy from people, so if you’re limited in terms of who you can access, talk to and sell to, well, you probably won’t get very far.)…’ Read the entire article here.

3) Tips for growing a small business!

First, know your mission. At Virgin this was often about shaking up the established markets and providing something of great value and service. In Innocent’s case it was about creating great juices to help people lead healthier lives – and doing this in a fun way.

Second, make sure you get the basic structure right. Know what you are going to do. Many times partners can provide the back office, the infrastructure or the raw materials. By building strong relationships with such suppliers, you are free to scale the operations without heavy calls on your capital.

Third, get the right team at the top. It’s hard to get this right first time. Many small businesses fail to grow because they don’t identify team members who can no longer keep up. It’s sometimes necessary to part company with senior managers who cannot develop the businesses, painful as that may be.

Fourth, a strong purpose and a sense of ethics give the company a solid foundation. In Innocent’s case the focus was on leaving the planet a little better than they found it. This simple but effective message resonates with both staff and customers, whether they number 10 or 500 people.

Fifth, no matter how big you are, details count. Just as I remain obsessive about traveling on our planes and visiting our businesses with my notebooks to chat with staff and check the little touches that make our experience unique, Richard Reed and his partners do the same. They regularly check everything from the lids on their bottles – which ask customers to “enjoy by” and not “use by” a certain date – to the carpets in their offices, which are a distinctive Astroturf.

Finally, listen to your customers and act on what you hear. I’ve always asked our staff for their views and now I track our social media channels to see how our business and brand are doing. Innocent makes a virtue of asking their customers for their views. They use the feedback to inform growth and keep them connected. Read the entire article here.

Michael Haltman, President
mhaltman@hallmarkabstractllc.com
516.741.4723
http://www.hallmarkabstractllc.com

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