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Talking Properties, Inc. Goes Private!
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Added: 12/29/2003
Type: Summary
Viewed: 806 time(s)
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Talking Properties, Inc. Goes Private!
-- In a joint announcement, Dennis K. Thomas, President of Talking Properties, Inc. and Aniceto "Chito" Collantes, President of DCGR International Holdings, Inc.(DCGX-Pink Sheets) announced that Talking Properties, Inc. has rescinded the previous announced merger with DCGR International Holdings, Inc.
Effective immediately Talking Properties, Inc. is once again a private company. Thomas stated, "I believe in the best interest of the shareholders of Talking Properties, Inc. that this merger be rescinded at this time." Thomas further stated that, "Talking Properties, Inc. still had plans to become a public company but in a situation that would be more beneficial for its shareholders."
About Talking Properties, Inc.
Talking Properties, Inc. is not a licensed real estate firm but is a marketing tool for real estate professionals, mortgage professionals, title companies, and homeowners alike to use the automated information hotline to attract buyers to a specific property. Talking Properties provides property information to interested prospects by phone, automatically 24 hours a day, 7 days a week.
Thomas stated, "The World of Real Estate Has Changed! Buyers expect information when they want it and they want it instantly! This is why Talking Properties is a must in today's world."
The Direct Marketing Association did a Gallop Poll and found that 83% of the American public would prefer to call for recorded information on properties for sale before talking to an agent or owner. That means 4 out of 5 people would prefer Talking Properties Hassle Free Pre-Recorded Information, 24 Hours A Day, 7 Days A Week!
No More Chasing Owners or Agents For Property Information! "Talking Properties, Inc. is great news for everyone involved. Experience shows that when buyers don't have to dodge an owner or sales agent, many more of them will call for information. If a person is selling, that's really good news for them because their property receives exposure to many more prospective buyers who love Talking Properties, Hassle Free Pre-Recorded Property Information, 24 Hours A Day, 7 Days A Week," stated Thomas.
Potential buyers call the toll-free number on the Talking Properties Sign and then enter the assigned extension for information on that property. They then get complete details of the property instantly on the spot including special features, financing options, etc. No more counting on others to take accurate messages, getting interrupted during meals, showers, etc. or hoping hot prospects will call back if someone is not available to give property information at that time, when the prospect wants it the most!
Thomas stated, “An interesting fact about Talking Properties is that people are up to 3 times more likely to call a toll-free number than a regular number. Also, the For Sale By Owner market has been estimated to be at least 20% of the real estate market today with current forecasts calling for it to become 40% of the U.S. market in the next five years.
By far the FSBO will command the largest share of homes for sale in every local market in the United States.” Thomas further stated that, “Talking Properties is also a great lead generation tool for the 1,500,000 plus license real estate agents and over 400,000 Mortgage Loan Professionals all across America.”
Thomas added, “Buyer prospects are more willing to call an information hotline, because they know they can get information without having to speak with anyone! A fax can also be requested and sent instantly so that the prospects can both “hear” and “see” what the property has to offer, no more worrying about an empty information box in front of the property.
One of the biggest reasons people hesitate to call on signs and ads is because they don’t want to be subject to a sales pitch. So in addition to all of the other benefits, properties are going to get a higher volume of calls with Talking Properties.”
Talking Properties, Inc. starting immediately will be licensing marketing areas throughout the United States. Each marketing area will have only 1 TPI Local Contact for people to contact for Talking Properties Services. These services can be found at the company's website; www.TalkingProperties.com.
Market Areas are determined by cities and/or zip codes. The maximum size of a market area is a single city consisting of no more than 5 zip codes and in larger cities no more than 5 zip codes within the same city. Zip Codes must be contiguous or adjacent to each other.
There are 41,000 zip codes in the United States with over 1.5 million real estate agents and over 400,000 mortgage professionals that will be vying for these exclusive markets. Only 1 professional real estate or mortgage person will be the exclusive professional in any one market.
Talking Properties is an excellent tool to acquire leads for these professionals, as well as a great service for their clients. At this special introductory licensing fee offer, Talking Properties is a real marketing bargain for these professionals.
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The Company licenses its products and services through in-house sales representatives. For sales and licensing opportunities please contact Dennis K. Thomas, President of Talking Properties, Inc. at 407.678.1312 or by email (TalkingProperties@yahoo.com).
This document contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended.
These statements appear in a number of places in this document and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The Words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.
Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contact for further information:
Talking Properties, Inc.
Dennis K. Thomas, President
407.678.1312
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