NBA Free Agency Underway

nba free

If we were to choose the one month of the year when athlete relocation is most likely, it would be July.

July is the month when the trade deadline occurs in Major League Baseball, and July is the month of the NBA Free Agency.  When the dust settles at the end of this month, dozens of professional athletes will relocate to new teams in new cities.

The NBA Free Agency is underway and if the rest of it goes like the first day, this will be one for the record books.

We should have known something special was going to happen when Luke Ridnour was traded four times in the span of six days.  The case of Ridnour pointed to teams making room on their rosters for moves to be made later, and the first day of free agency verified that fact.

Draymond Green reached agreement with the Golden State Warriors on a five year deal worth $85 million.

Kevin Love announced he was staying in Cleveland despite many rumors to the contrary.

Iman Shumpert agreed to a contract with Cleveland worth $40 million.

Paul Pierce signed a three-year contract with the Clippers for $10.5 million.

And we’ve only just begun.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

Starting Pitchers to Watch as MLB Trade Deadline Approaches

mlb trade

The beginning of July is as good a time as any to start discussing, in earnest, possible trades that may occur before the MLB trade deadline of July 31st.  The divisional standings are beginning to take shape, and teams must decide, in the next week or so, whether they will be buyers or sellers during the late stages of the month of July.

Teams can always use starting pitching. The old baseball axiom that good pitching will defeat good hitting is as true today as it was one-hundred years ago, so you can be that the buyers will be looking closely at some of the topnotch starting pitchers that are available.  Let’s take a look at ten of those pitchers.

  • Chris Sale, Chicago White Sox
  • David Price, Detroit Tigers
  • Clay Buchholz, Boston Red Sox
  • Jeff Samardzija, Chicago White Sox
  • Cole Hamels, Philadelphia Phillies
  • Scott Kazmir, Oakland Athletics
  • A. Happ, Seattle Mariners
  • Aaron Harang, Philadelphia Phillies
  • Bartolo Colon, New York Mets
  • Chase Anderson, Arizona Diamondbacks

There are others, of course, but these ten seem to crop up in the rumor mill most often and they make the most sense for those teams looking to unload salary or build their clubs with trade pieces.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

Dealing with Down Payments when Buying a Home

yolanda smith sports relocation

Probably the biggest obstacle for those buying a home is not the monthly mortgage payments, as you might guess, but finding the funds to pay the down payment.  It is standard belief among potential home buyers that you must have 20% for a down payment.  That may be the norm but it certainly is not the only way to obtain a lender home loan.

Obviously, the larger the down payment, the more likely it is that a bank will loan you the money for a home purchase, but that is not set in stone and it certainly is not the only way to finance the purchase of a home.

In fact, the Veterans Administration offer home loans with as little as zero down and a funding fee of between 2.15 and 3.3 percent.  The Navy Federal Credit Union offers 100% financing to qualified members, and the USDA Rural Development mortgage program has no-down payment loans for not only farmland but also homes in areas with small populations.

If you have good credit you’ll find that even though standard banks require a down payment, many will not require 20% but something considerably less.

The real estate landscape is changing, and the economy changes with it.  Lenders must find creative ways to serve the public, and alternative ways of looking at traditional lending is just one of those creative changes.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

The 2015 NBA Draft: A Look to the Future

nba draft

Without a doubt, NBA championships are won on the court, but it can be safely argued that the road to the championship begins with the NBA Draft.  The scouting takes hundreds of hours.  Reviewing film takes several more hundreds of hours.  Considering deals with other team officials, reviewing film, speaking to players, holding workouts, it all leads up to the big night when the future of a franchise can and most likely will be determined.

The first round of the 2015 NBA Draft has been held.  Team jerseys have been held in front of the cameras.  Smiles and handshakes with new professional athletes have been exchanged.  Now all that remains is signing a contract and heading to rookie camp.

The top ten picks in the 2015 NBA Draft were as follows:

  • Karl-Anthony Towns……Timberwolves
  • D’Angelo Russell……Lakers
  • Jahlil Okefor……76ers
  • Kristaps Porzingis……Knicks
  • Mario Hezonja……Magic
  • Willie Cauley-Stein……Kings
  • Emmanuel Mudiay……Nuggets
  • Stanley Johnson……Pistons
  • Frank Kaminsky……Hornets
  • Justise Winslow……Heat

Who are the winners so far?  Who struck gold?  Stay tuned!  The drama will play out once again in the fall when the new season begins and we find out who has what it takes to turn around the fortunes of a franchise.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

Doubts About Buying or Selling a Home

yolanda smith sports relocation

If you are having doubts about buying or selling a home, rest assured you are not alone.  Let me share something that recently happened with a customer of ours.

One of our clients recently got traded to another team.  The athlete relocation went smoothly.  We got him situated in some short-term housing in the new city. We arranged for some transportation for him and discussed transporting his vehicle at some point in the near future.  Then the conversation came around to whether he and his wife should sell their former home and buy a new home in the new city.

A fairly common dilemma.

The wife did not want to move. They had two small children and she didn’t want to take them away from their friends.  Still, she thought it was important that their family be together as often as possible, and moving to the new city would help with that.

Eventually they decided to sell their home and move.  We filled out the paperwork and listed their home.  Even showed it on numerous occasions to interested parties.  But then the doubts piled up, and one month after listing the home, my clients decided they really didn’t want to sell, and we took the home off the market.

A fairly common dilemma.  Life happens and we adjust, right?

Buying or selling a home is a big deal, not only from a financial standpoint but also emotionally and psychologically.  Doubts happen.  Indecisions happen.  It’s all right.

Never rush into buying or selling a home.  There are too many alternative plans that can be implemented.  Short-term solutions work until you can make a final decision that you can live with and be happy with.  Talk to your real estate agent.  Express any doubts you have.  Work with him/her for a solution you can be satisfied with.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

Buying a Home Checklist

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For first-time home buyers, buying a home can be a daunting and yes, scary event.  Let’s face it, buying a home is one of the greatest financial decisions you will make in your lifetime, so it is no wonder that many people face it with trepidation.

What follows is a brief outline of the steps that one takes when buying a home.

  • Make a list of items you want in your new home. Where do you want to live? What amenities do you want?  Do you want land or just a home?  What conveniences are you looking for?
  • Get pre-approved for a home loan. This will speed along the buying process once you have found the home you wish to buy.  Go to a lending institution and get this done pronto.
  • Find a real estate agent who has experience, is knowledgeable in the area you are looking, and someone who you feel comfortable working with.
  • Find the home of your dreams. It is rare that a home-buyer finds a home that has everything on the wish-list, so be prepared to settle for less than perfect.  You will be living in this home for quite some time, so search until you find THE home.
  • Now it’s time to make an offer. Work closely with your real estate agent when determining what your offer will be.  Rely on his/her expertise.
  • Have the home inspected. You are paying a great deal of money for this home and you don’t want any surprises once you’ve closed the deal and moved in.
  • Have the home appraised. Usually this is part of the process anyway, and a good real estate agent will be aware of this and make sure you are buying a home that is actually worth the asking price.
  • Close the deal and move in.

Buying a home is too big a deal to skip any of these steps.  There are no shortcuts when it comes to major financial decisions, so do your diligent homework and then rest assured you have done everything possible to make an informed decision.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

What About Athlete Relocation to a Foreign Country?

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“Ikem, we know you provide athlete relocation services in all fifty states, but what if it’s necessary for me to relocate to Europe for six months?  Can you still provide relocation services?”

The answer to that question, a question we hear about once every month, is YES!

As complicated as relocation in the States can be, you can multiply that by ten when talking about a relocation to a foreign country.  Could a professional athlete, or his spouse, handle all of the arrangements without professional help? Of course they could.  It would take considerably longer, and there would be considerably more headaches but yes, it could be done.

But why put yourself through all that if you don’t have to?

At Sportsrelocation.com, we take the worry out of the athlete relocation process, no matter whether you are moving to Buffalo or Paris.  Our established relocation formula has been working well for hundreds of athletes, domestic and abroad, and it will work for you.  Our network of professionals are standing by to handle your ever need.  All you have to do is give us a call, explain what it is you need, and then sit back and let us do our job.

As simple as that!

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

The Entire Athlete Relocation Process

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We heard recently from a professional athlete facing athlete relocation who had a question for us.  His name isn’t important to this discussion, so we’ll leave it out.

Anyway, he was doing research on the many athlete relocation companies out there, and he noticed that most athlete relocation agents talk about selling real estate, buying real estate, or arranging to transport vehicles and possessions.  He asked if that’s all that our company, Sportsrelocation.com, does as well.

I told him that yes, we do those things, but we do so much more.  Take the matter of finding a new home to either lease or buy in the new city.  Yes, we have a network established that gives us access to the luxury real estate in all fifty states, but that’s not all we do.  If you have children we will also research schools.   If you are looking for reliable and discreet housekeeping, we take care of that. We look at the availability of caterers, chauffer services, designers, lawn services, landscapers.   We hold your hand and walk you through THE ENTIRE ATHLETE RELOCATION PROCESS, and we don’t stop until you tell us you’re satisfied and all of your needs are taken care of.

Let me repeat….THE ENTIRE RELOCATION PROCESS!

We are much more than a real estate company.

We are Sportsrelocation.com, and to our current and former clients, that means a great deal more.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

Qualities of an Outstanding Professional Athlete Relocation Company

yolanda smith sports relocation

Being a professional athlete is all about pure physical talent and implementing a game plan.  The difference between the physical talent of those who make it and those who don’t is miniscule most of the time; what makes or breaks those who make it to the Big Show is the ability to harness that talent and devise strategies that translate into success.

The same can be said about professional athlete relocation companies.  We all have the tools.  We all have experience and we all have professional networks.  It’s how we implement our game plan that is the difference between an athlete relocation company that can help you and one that can leave you feeling unfulfilled and frustrated.

We know which one we are.  We’ve honed our craft for over a decade now.  We’ve worked with many of the premier athletes and celebrities in the world, and we have left them feeling fulfilled.

Game plan….desire….talent….put them all together and you’ve got Sportsrelocation.com.

Give us a call!

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

Understanding Real Estate Commissions

yolanda smith sports relocation

Although few things in real estate are non-negotiable, generally speaking, when a real estate sale is closed, a real estate commission is charged, and that commission is usually in the neighborhood of six percent of the sales price.

Six percent seems like a small amount until you do the math on the sale of luxury real estate and then we are talking about hundreds of thousands of dollars.  A hefty sum for sure.

So who gets it?  Why is the real estate commission so high?

First you must understand that ninety percent of all real estate agents work on a commission basis, but that really doesn’t tell the whole story.  When a home sells, the real estate commission comes out of the seller’s proceeds most of the time.  That lump sum is then divided among the players in that transaction.  A certain percentage goes to the seller’s broker; a certain percentage goes to the listing salesperson; a certain amount to the buyer’s broker and a certain amount to the buyer’s salesperson.  Obviously, if the broker and salesperson are the same person, the minimum number who split the commission would be two, but oftentimes there is a four-way split of the commission.

So, what appears at first glance to be a hefty payoff is really split four ways according to the listing agreement.  Remember also that real estate agents, brokers, and salespeople are incentive-driven.  There has to be enough of an incentive (commission) to keep the agent driven for success.

Is six percent too high? Is it too low?  That is decided by the overall real estate market in general.  Supply and demand will determine whether the average commission remains at six percent in ten years or whether it will change.

Do you have any questions about real estate? Give us a call!

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

 

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