Monday, May 30, 2011

BBQ Sauce and Business Development

Father's Day, the First Day of Summer, and the 4th of July are all around the corner and many of us will be hosting business clients and their families. The next thirty-five days are opportune for business development, so if you're not planning a barbeque then you're probably not prepared to close (just kidding). If your client or SOI is too busy to join you, homemade BBQ sauce in a Mason jar makes a wonderful gift during summer months (just flip over a business card, write a word or two and then tape it to the jar).

I have posted my personal barbeque sauce recipe below. But don't worry, I won't claim it to be the procuring cause of your client's business. This recipe comes from my upbringing in the BBQ Capital of the World... Kansas City! Its concept is based off the Gates family sauce recipe. For the meat, I'd highly recommend smoking pork baby back ribs, but with this sauce it really doesn't matter; you could brush it on canned Vienna sausages and folks would ask for second servings.

1-3/4 cups apple cider vinegar
1/4 cup of white wine vinegar (if not available, substitute w/ ACV)
2 quarts ketchup (Hunt's)
1-1/2 teaspoons of liquid smoke (hickory)
1 teaspoon lemon juice
1-1/4 cups brown sugar
1/4 cup salt
2 tablespoons celery seeds
2 tablespoons ground cumin
2 tablespoons ground red pepper
2 tablespoons garlic powder
1 tablespoon chili powder
1/2 tablespoon ground black pepper

Combine the sugar, salt, celery seeds, cumin, red pepper, garlic powder, black pepper and chili powder in a small bowl. Mix the ketchup and remaining ingredients in a large bowl, then stir in the dry ingredients. Transfer to large pan and bring to simmer over medium-low heat for 5 minutes. Remove from heat, cover to cool and then funnel into Mason jars. Enjoy.

If you have other recipes you'd like to share or photos of your meals with the sauce, I'd love to see them – marcusleach@gmail.com.

Editorial: Homeownership and Military Families

Memorial Day has arrived, and I encourage you to spend it in honor of those who made the greatest sacrifice for our country and way of life. As real estate professionals, we are in a position to counsel and support surviving spouses and military families to better realize the American dream in terms of home ownership.

According to the U.S. Department of Housing and Urban Development, 67% of Americans are homeowners. In comparison, however, only 27% of military families own their own home. Service members choose to live on-base rather than purchase a home for economic reasons. The benefits for on-base housing are of greater value than allowances for the civilian housing market and those funds are recycled back into military coffers rather than entering the civilian economy. At first glance, this might appear as a win-win situation. But as friends and family of service members, we should be that third voice and encourage home ownership when feasible.

Junior service members, unfortunately, make the decision the live on-base without consulting real estate professionals out of the belief their housing allowances are insufficient for home ownership. We should highlight that while accepting on-base housing rather than off-base allowances might offer short term benefits, the building of home equity while in service will ease the inevitable transition into civilian life and provide long term stability for military families. The loan assistance programs, tax benefits, professional support networks and opportunities in real estate for active duty service members and veterans are far too numerous to list. Our military does a superb job of training our soldiers to defend us and our way of life. We cannot, however, expect them to find time to properly educate our service members on a individual basis regarding home ownership, their local market, and financial options available to them.

With the National Association of Realtors raising dues and likely increasing their political presence and contributions this year, I believe we should encourage them and politicians to: (1) support increasing housing allowances for service members to make them equivalent in value to on-base housing; (2) expand the Homeowner Assistance Program for upside-down military families forced to relocate in service of their country; and (3) make the 2009 Homebuyer's Tax Credit permanent for military families (as many of you are aware, it expired last month). There is nothing more admirable than serving your country. Lets make it a personal and community goal to get military family home ownership up to 40% by 2015.