Archive for the ‘Uncategorized’ Category

Intero Real Estate Services Appoints Charmaine Wang to Director of Sales & Marketing, APAC of Intero Hong Kong

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Wang will help attract investors from China and across the Pacific region to U.S. properties

Cupertino, California – (July 7, 2011) – Intero Real Estate Services, Inc. has appointed Charmaine Wang to Director of Sales and Marketing, APAC of Intero Hong Kong.

Under the leadership of John Thompson, Executive Vice President & Managing Officer of Intero Hong Kong, Charmaine Wang will bring investors from China and across the Pacific region to U.S. properties.

In addition to her success as a top 5% agent with Intero, Charmaine Wang had a successful career in sales and marketing in various Silicon Valley companies. Ms. Wang was born and raised in Shanghai. She received her BSEE and MBA from Santa Clara University.

After joining Intero, Charmaine serviced Bay Area clients as well as many investors from China with the highest standard. Her deep understanding of Chinese culture and extensive hands-on U.S. real estate practice makes her a welcome figure in representing China investors.

The continued growth of Asia’s economies, high asset prices, particularly in real estate, and rising currencies relative to the US dollar, have made Asians significant buyers of US real estate. According to The 2011 NAR Profile of International Home Buying Activity, the international market for U.S. residential property approaches $82 billion on an annual basis, of which more than $7 billion comes directly from China.

The Intero brand’s strength in the US, particularly in California, where many Asians choose to buy given its geographical proximity to Asia, established Chinese community, favorable climate, and economic, educational and work opportunities, make it the ideal partner to provide quality real estate investment opportunities to China investors.

“Intero was born in Silicon Valley, which is a crossroads of innovation for the entire Pacific Rim,” said Executive Vice President & Managing Officer of Intero Hong Kong John Thompson. “This transition is a natural move for us and one we are uniquely equipped to execute successfully.”


Every Nickel Counts! The Intero Foundation beneficiary of the Whole Foods Nickel for Non-profits campaign

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Save a bag and support The Intero Foundation

During the upcoming months of July, August, and September the Intero Foundation, a non-profit organization funded, promoted and governed by Intero Real Estate Services, Inc. agents is being featured by the Whole Foods Market on Blossom Hill Road, in their Nickels for Non-profits campaign.

Nickels for Non-Profits is the Whole Foods community giving program which features a local non-profit for three months. Every time a customer reuses a shopping bag, a nickel is donated to the chosen local non-profit. The goal of the program is to reduce the use of new bags while increasing funding for a local non-profit.

The Blossom Hill Whole Foods store chose The Intero Foundation as a beneficiary of the five cent bag refund program because they felt the Intero Foundation could reach the most number of people to promote the event and bring people to the Blossom Hill store and also because of the great work the foundation does for kids. Customers who shop at this location and bring their reusable shopping bags for groceries at checkout will be asked by a Whole Foods checker if they would like to donate five cents to the Intero Foundation or receive a five cent credit between July 4, 2011 and September 24, 2011.

In addition, the Intero Foundation volunteer Realtors will be at a table near the entrance several Saturdays each month promoting the Foundation, and handing out reusable grocery bags as well as information about the Intero Foundation.

Thank you for re-using your shopping bags, honoring the environment and supporting both The Intero Foundation and your local Whole Foods Market!


Intero Hong Kong collaborates with Elijah Investment Management Consulting Co, Ltd.

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Leading brokerage company and investment consulting firm bring U.S. properties to interested Chinese investors

Cupertino, California – (June 30, 2011) – Intero Hong Kong of Intero International Franchise Services, LLC, announced that is has expanded its network in the Asia-Pacific region through a collaboration with Elijah Investment Management Consulting (Shanghai) Co, Ltd, whose primary mission is to provide one-stop services for mainland Chinese clients to fulfill their quests to immigrate, settle down with schools (for families with school-age children), and purchase their new homes in the United States, Canada, United Kingdom, and other countries.

Together with Elijah Investment Management Consulting Co, Ltd., Intero Hong Kong General Manager, Kenny Lo will liaison for Chinese investors interested in acquiring U.S. investment properties. Lo, an Intero real estate agent, has incredible knowledge of both markets and cultures. With this he is a great resource for investors, bridging the Pacific Divide.

“I’m very pleased to have the honor and opportunity to work closely with Elijah Investment and its managing director Shirley Liu in particular. With Elijah Investment’s business connections and fundamental understanding of what the local Chinese buyers want, together we can attract investors from Hong Kong and across the Pacific region to U.S. properties,” says Kenny Lo, General Manager of Intero Hong Kong. “In partnership with an internationally recognized financial institution providing loans for overseas buyers, we just successfully completed inaugural live property seminars in Shanghai and Nanjing promoting high-end properties in the U.S. As of today, we’ve already scheduled some attendees for property tours in California starting this summer. I look forward to close the initial deals through this Elijah Investment collaboration, while anticipating our business momentum to grow.”

“This opportunity couldn’t have come at a better time,” Robert Moles, chairman of Intero adds. “A number of Chinese investors are already waiting to take advantage of opportunities in U.S. and Bay Area real estate markets in particular. The Asia-Pacific region’s economic growth, high real estate prices and rising currencies relative to the U.S. dollar have created a lot of interest in U.S. properties.”

“This collaboration allows us to seek opportunities to expand abroad and represents the Intero commitment to solidifying a global brand presence, a necessary element to thrive and innovate in a real estate business,” concludes Intero Real Estate Services, Inc. President and CEO, Gino Blefari.


Intero Folsom Lake Grand Opening

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As a follow up to last week’s post on Intero Folsom Lake Grand Opening Celebration, we would like to share the event’s success with you! Check out the photos for a glimpse of the celebration!


Intero Insider: The Rise of the Landlord

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While all the focus has been on the data related to single-family housing – home sales, home values, foreclosures – there’s a lot brewing in the market for rentals. Think about all the millions of people who’ve foreclosed in the last few years who went from owning to renting. Think about those who had to downsize due to job loss or a cut in wages.

Yes, there’s a lot happening in the rental market that’s not being talked about much. While home builders were creating massive amounts of single-family inventory during the housing boom, multi-family units took a back seat. To give you an idea of the difference: At its peak in 2007, new construction of single-family homes topped out at somewhere around 1.9 million units that year (according to Census Bureau data). That same year, new construction of multi-family housing (5 or more units) topped out at somewhere around 225,000.

So there’s your low supply situation. Now, what about demand?

Data from the Census Bureau shows that household formation has declined during the recession – most likely because there are more unemployed young adults who are still living at home with their parents, and many of those who lost their jobs had to temporarily move in with friends or relatives.

When jobs pick back up and it’s time to move out, where will these people go? Will they jump into home ownership? Likely not. They’ll be looking for a nice place to rent.

And all those borrowers who defaulted on their mortgages? They’re going to need to rent for awhile too, in most cases.

Now you can see there may actually be a shortage of rental housing coming our way. The building industry may start to pick up pace to meet demand, but what’s the opportunity here for you and me?

Well, first, are you in the market to invest in property? If so, you might want to start by looking at duplexes and smaller homes that could be used as rental properties. Picture yourself as a landlord, not a house flipper.

The rental market is on fire in terms of demand. And by the looks of it, it will continue to be this way for several years ahead. People have to live somewhere and home ownership is still a few steps away from a pretty large pool of the population.

Being a landlord might not be what you’d pictured yourself doing as a real estate investor, but the opportunity to earn extra income speaks for itself.

You can read more about the multifamily opportunity in this post I wrote back earlier this year.


Intero expands into the Vietnamese community

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Owners of the InteroNha Milpitas office, Dylan Nguyen and Steven Tran, opened a new commercial retail development, Vietnam Town, the largest Vietnamese Plaza in California. A grand opening event was held on June 18, 2011.

Dylan and Steven also plan to expand InteroNha Milpitas in the coming months to a second office, Intero Vietnam Town, which will be located within Vietnam Town at 909-990 Story Road in San Jose, CA. This office will be a state-of-the-art commercial business model, that will cater to an Asian market.

The Vietnam Town plaza grand opening had a variety of food, games for kids, jumpers, a dunking tank, lion dance and live entertainment. There were also many booths set up to support the community such as City programs for first time Home Buyers, NSP, HAFA, Home Path, Credit Consultant, Residential, Commercial Lenders, Attorney, and much more. President, Founder and CEO of Intero Real Estate Services, Gino Blefari, gave a speech and expressed the excitement about exposing this Intero Vietnam Town project and its future to all of Intero and their clients as well as the Vietnamese community.

We would like to share the event’s success with you! Check out photos from the event below!



Every Nickel Counts! The Intero Foundation beneficiary of the Whole Foods Nickel for Non-profits campaign

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Save a bag and support The Intero Foundation

During the upcoming months of July, August, and September the Intero Foundation, a non-profit organization funded, promoted and governed by Intero Real Estate Services, Inc. agents is being featured by the Whole Foods Market on Blossom Hill Road, in their Nickels for Non-profits campaign.

Nickels for Non-Profits is the Whole Foods community giving program which features a local non-profit for three months. Every time a customer reuses a shopping bag, a nickel is donated to the chosen local non-profit. The goal of the program is to reduce the use of new bags while increasing funding for a local non-profit.

The Blossom Hill Whole Foods store chose The Intero Foundation as a beneficiary of the five cent bag refund program because they felt the Intero Foundation could reach the most number of people to promote the event and bring people to the Blossom Hill store and also because of the great work the foundation does for kids. Customers who shop at this location and bring their reusable shopping bags for groceries at checkout will be asked by a Whole Foods checker if they would like to donate five cents to the Intero Foundation or receive a five cent credit between July 4, 2011 and September 24, 2011.

In addition, the Intero Foundation volunteer Realtors will be at a table near the entrance several Saturdays each month promoting the Foundation, and handing out reusable grocery bags as well as information about the Intero Foundation.

Thank you for re-using your shopping bags, honoring the environment and supporting both The Intero Foundation and your local Whole Foods Market!


Grand Opening of New Innovative Office: Intero Folsom Lake

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Announcing the opening of an Intero Real Estate Services franchise office in Folsom, CA

SILICON VALLEY, CA – June 21, 2011 – David Bicknell along with business partner and wife, Melisa Bicknell, will have a grand opening of their new Intero Real Estate Services franchise office in Folsom, CA on June 29, 2011.

David Bicknell, broker and owner of the new Intero Folsom Lake explains: “After careful consideration in choosing a brand with which to affiliate ourselves with, the Intero® management team demonstrated a high level of quality leadership, a proper culture of unwavering values and industry leading support in critical areas such as training and marketing.”

“We are pleased to welcome Intero Folsom Lake to the Intero family, a truly innovative organization that is growing while others are shrinking,” said Intero Franchise Services, Inc. President and CEO, Gino Blefari. “This expansion speaks to our commitment to innovate and thrive in an ever-changing business.”

Previously residing in Morgan Hill, within walking distance of the first Intero office, the Bicknell’s had the opportunity to watch the Intero brand grow and become the fastest growing real estate company since its 2002 inception. The outstanding success of the Intero® brand reassured them that opening their own office, Intero Folsom Lake, under a leading U.S. brokerage, will help them grow and innovate in today’s market.

Intero Folsom Lake, a highly visible retail location on the corner of one of the busiest intersections in Folsom, will feature a similar concept of the Intero Andare(sm) design, a smaller technology-rich and more eco-friendly space designed for today’s mobile REALTOR. Some of its unique features will include a flat panel TV to show properties to clients and wireless access. Additionally, the office hosts Short Sale Seminars for the public every other Saturday at 10am, which include business partner resources such as a real estate attorney, CPA and investment specialist.

Intero Folsom Lake will specialize in residential real estate in Sacramento, El Dorado and Placer counties. The location of this office is very convenient, in that this intersection connects El Dorado Hills, Folsom and Granite Bay.

With currently 10 agents on board, David and Melisa plan to grow their office to 40 agents by the end of the year.

David Bicknell spent many years in senior management positions within the consumer electronics industry, including Director of Merchandising and Operations for Fry’s Electronics and President of BlueAnt Wireless, Inc. Melisa Bicknell spent several years in Human Resources and Training with both a mortgage company and a high tech company, and most recently was a Realtor with the Intero office in Gilroy, CA.

Together, David and Melisa have opened the doors to their new real estate office in Folsom, CA and are focused on creating an energetic office with happy and satisfied agents and clients as the end result.

Intero Folsom Lake
1360 E. Natoma St., Suite 130
Folsom, CA 95630
916-303-4545

The Intero Folsom Lake grand opening follows the recent grand opening of Intero San Jose Evergreen Valley, led by Marvin and Denise Morris.


Intero Franchise Services, Inc. further expands presence in California

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Announcing the Grand Opening of Intero San Jose Evergreen Valley

SILICON VALLEY, CA – June 16, 2011 – Intero Franchise Services, Inc. announced its continued expansion with the grand opening of a new California location: Intero San Jose Evergreen Valley.

On June 16, 2011, a former Windermere Real Estate office located in the Evergreen area of San Jose, California, led by Denise and Marvin Morris, will transition to the Intero brand. The Grand Opening Ribbon Cutting will be at 2pm.

As a Real Estate broker and owner since 1990, Denise has proudly served Santa Clara County and the surrounding areas. During this time, she managed over 100 agents and a Loan Center with 20 agents as a broker and owner of two highly ranked Century 21 Offices. As the owner and broker of the new Intero San Jose Evergreen Valley office, she is committed to her clients and the community she serves.

Denise’s mission is to build a Real Estate relationship with integrity, loyalty, honestly and hard work. She is a highly trusted Real Estate Broker in the community. She can be counted on for enthusiasm and innovative ideas to achieve to help people achieve their goals.

With currently 15 agents on board, Denise Morris along with business partner and husband, Marvin Morris, plan to grow and create an office of agents who work together as a team and who possess the qualities for success.

Intero San Jose Evergreen Valley
2230 Quimby Road
San Jose, CA 95122
408-223-1511

The launch of Intero San Jose Evergreen Valley follows the recent announcements of Intero El Dorado Hills, Intero Rancho Cucamonga and Intero Scottsdale locations.


Intero Real Estate Services expands innovative franchise network in California and Arizona

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Leading U.S. brokerage announces new offices in El Dorado Hills, CA, Rancho Cucamonga, CA, and Scottsdale, AZ

SILICON VALLEY, CA – June 13, 2011 — Intero Franchise Services, Inc. announced its continued expansion with the launch of Intero Rancho Cucamonga and the upcoming launch of Intero El Dorado Hills at the end of June and Intero Scottsdale later this summer.

The Rancho Cucamonga office will operate under the leadership of co-owners Danny Morel and Omar Morel. With roots in real estate coaching, this brother-team is in alignment with the Intero® coaching program.

“I was impressed with the Intero Provizio education and coaching program. The Intero system will revolutionize the way real estate is done in Rancho Cucamonga,” says Danny Morel, whose focus is to run a traditional real estate office that focuses on training and developing Real Estate Agents.

With currently 15 agents on board, Danny and Omar plan to grow their office to 100 agents by the end of the year.

Launching later this month, the Intero office in downtown El Dorado Hills, founded by Jason Stephens, Steven Rath, and Adam Weiner, will feature the Intero Andare(sm) design. Some of its unique features will include an interactive touch screen window and coffee bar inside.

Other than specializing in residential real estate, Stephens’s aggressive growth plans also include focusing on promoting international investment opportunities such as resorts, hotels, condos, single family homes, and land in Panama, Mexico, Belize, and Ecuador.

Jason Stephens, owner and CEO of Intero El Dorado Hills office, said: “We’re thrilled to become part of the Intero® family, and feel good knowing that we’ll have the technology and expertise needed to win in today’s market.”

Coming soon, the Intero franchise system will include a new office in Scottsdale, Arizona launched by Brandon Moles, nephew of Chairman Robert Moles.

“We are pleased to have Intero El Dorado Hills, Intero Rancho Cucamonga and Intero Scottsdale become part of the Intero® family,” said Intero Real Estate Franchise Services Inc.’s President and CEO Gino Blefari. “We’ve always thought about expansion in terms of the individuals involved, not the geography. We go where we find people who are the right fit for the Intero® brand because they have the same values and believe in the culture we’ve created. All of these leaders embody the Intero culture. With their impeccable credentials, we simply couldn’t pass on the opportunity to further expand in California and Arizona.”

Intero Rancho Cucamonga
10803 Foothill Blvd., Suite 110
Rancho Cucamonga, CA  91730
(909) 900- 5855

Intero El Dorado Hills
5072 Hillsdale Circle #140
El Dorado Hills, CA 95762
(916) 496-4489