Ms. Cathy M. Olson

Yes," said Cathy M. Olson of Prudential Sandia Real Estate, who prepared the realtors association report.

Cathy M. Olson, CRSSales DirectorPrudential Sandia Real Estate

Cathy is one of the few "Native" New Mexicans around anymore!She has been in the Real Estate Profession since 1985 with previous experience in the Banking industry.Prior to coming back to Albuquerque, she was employed by Intel Corporation in Santa Clara, California and worked there as a Planner.

Cathy is currently serving as Chairman of the Greater Albuquerque Association of Realtors and a Director in previous years.Cathy has graduated from Leadership AMBR and was a Graduate of the Charter Class for Leadership RANM.She continues to be a RANM Director serving her peers.Participation at various leadership functions is important and recently at a NAR mid-year Legislative Meeting in Washington, D.C., meeting with New Mexico's top officials on Real Estate issues.Other areas served on behalf of Realtors are the Professional Standards Committee, Host Committee for the State Convention, and AMBR Executive Committee.

Cathy has served her community as prior President of the Greater Bernalillo Chamber of Commerce and President of the Old Albuquerque High School Foundation.Having received the community Leadership Award by her business peers and "Excellence in Service" Award by her clients, she continues to place superb service at the top of her career.Cathy is the Sales Director for Prudential Sandia Real Estate in Rio Rancho, NM.

Cathy Olson, Chairman of the Greater Albuquerque Association of Realtors, spoke to the VENA board of directors at their May 22 board meeting. The discussion centered on real estate trends, maintaining property values, and ways to get more people aware of and involved in their neighborhood association.

She said that some of the most important contributors to residential property values are location, views, curb appeal, and infrastructure (roads, schools, stores, etc).

She predicted for our area an increase in homes on the market in the coming years as people approaching and in their retirement years decide to downsize.

Ms. Olson had suggestions for those problem properties (featuring weeds, trash, inoperative vehicles, etc) that decrease the value of their neighbors' home. She suggested a letter from our architectural committee sent to all homes in the area. This letter would announce that the committee will be touring the area looking for violations. Apparently this can be effective in getting people to clean up their properties.

To get out a message and raise visibility of the neighborhood assocation, Ms. Olson suggested creating door hangers with the information we want to distribute. It should mention our web site as well. She said we could get a business to pay for it to defray our costs, and the business would advertise on one side of the hanger.

For those who want to keep up with the economic scene in Albuquerque (real estate and otherwise) Ms. Olson suggested reading the Central New Mexico Economic Guide which is online at http://www.centralnewmex.com.

Inspired by Ms. Olson's suggestions, the board decided to create door hangers with a message about the weed ordinance. Area realtor Regina Barela kindly offered to pay for them. Let us know if you think these are effective in increasing awareness of the association and in reducing our weed problems.

Cathy Olson

Cathy Olson
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Cathy Olson, RE/MAX Elite NorthImmediate Past President

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