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Archive for August, 2009


Inviting Consumers to Stay

RISMEDIA, September 1, 2009—As the economy struggles, businesses across all industries scramble to capture their share of shrinking consumer dollars with promises of bigger and better service. The real estate industry is certainly no exception. In a tough market, attracting consumers and keeping them takes on an entirely new meaning. That’s why HSA Home Warranty has revamped and reinforced its customer service effort—to keep clients coming back for more and, thereby, build loyal relationships with Realtors. 


Dow Jones Economic Sentiment Indicator Rises for Sixth Consecutive Month

RISMEDIA, September 1, 2009—The Dow Jones Economic Sentiment Indicator (ESI) reached its highest level in a year rising to 35.5 in August, the sixth consecutive monthly increase.


New Credit Scoring Model May Boost Some Borrowers’ Scores

RISMEDIA, September 1, 2009—(MCT)-Even the most responsible borrowers slip up sometimes. Maybe a utility bill went unpaid after you moved and the missed payment went into collections. Or, perhaps there are unpaid library fines or parking tickets in collections that are hanging onto your credit history and affecting your FICO credit score, which is widely used by lenders to evaluate your ability to repay a debt. With the newest version of the FICO credit-scoring system, however, minor delinquencies are now overlooked in calculating creditworthiness.


The Principles of Negotiation

RISMEDIA, September 1, 2009—A survey of buyers and sellers of real estate revealed that, from their point of view, one of the most valuable services real estate practitioners provide is our ability to negotiate on their behalf. From my experience, it appears that, in many cases, the clients are getting ...


NAR Helps Realtors Make Short Work of Short Sales

RISMEDIA, September 1, 2009—Nearly one-third of all existing homes sold recently were either short sales or foreclosures, according to National Association of Realtors® data. To help Realtors meet the needs of home buyers and sellers who need these services, NAR has launched a new Short Sales and Foreclosure Certification Program ...


Many Executives Hesitant to be ‘Friended’ by Business Contacts

RISMEDIA, September 1, 2009—Thinking about "friending" your boss on Facebook? You may want to reconsider. According to a recent survey, nearly half of executives are uncomfortable being friended by the employees they manage (48%) or their bosses (47%).


Consumers’ Moods Improve in August

RISMEDIA, September 1, 2009—(MCT)-U.S. consumer sentiment improved in late August, but not quite enough to exceed the reading from July, according to a survey released by the University of Michigan and Reuters. ...


Weichert Real Estate Affiliates Adds Five Offices to Growing Franchise Network

RISMEDIA, September 1, 2009—Weichert Real Estate Affiliates, Inc., the franchise arm of Weichert, Realtors, continued its growth with the addition of five new franchise offices in the West, South and Midwest regions of the country. The companies recently joining Weichert Real Estate Affiliates’ ever-growing roster include two offices from Rhode ...


Agents Prepare for Tomorrow as Market Reveals Positive Signs

Top 5 Focus Groups, Leadership Conference Arm Real Estate Pros with Hands-on Strategies RISMEDIA, August 31, 2009—Demonstrating an ongoing commitment to creating maximum value for all Members of the Top 5 in Real Estate Network®, Top 5 President and Co-founder, Allan Dalton, recently hosted several focus groups for members in preparation for next week's RISMedia & The Top 5 in Real Estate Network's® Leadership Conference, being held in New York City on Sept. 9 and 10. More than 100 Members met to discuss strategies for implementing the wide array of Top 5 resources-strategies that will be covered in depth during the Conference.


New Regulations, FICO Study Big News for Credit Card Holders

RISMEDIA, August 31, 2009-(MCT)-Last week brought significant news to credit card holders. First, the initial phase of a landmark bill overhauling


California Association of Realtors Reports July Home Sales Increased 12%, Median Home Price Declined 19.6%

RISMEDIA, August 31, 2009-Home sales increased 12% in July 2009 in California compared with the same period a year ago, while the median price


Bank Fees Go Up as Number of Distressed Banks at Highest Level in 15 Years

RISMEDIA, August 31, 2009-(MCT)-The growing number of troubled banks is forcing regulators to shore up deposit-insurance reserves,


Prudential Florida Realty’s Rei Mesa Appointed as Chairman of Newly Created Real Estate Services Group

RISMEDIA, August 31, 2009-Rei Mesa, president and chief operating officer, Prudential Florida Real Estate Services was recently appointed by FAR President,


Prepare Your Home for Swapping

RISMEDIA, August 31, 2009-(MCT)-Are you avoiding a vacation because you can't afford a hotel? If so, try house swapping. You start by joining a home exchange


Low Mortgage Rates Help Stabilize Housing Market

RISMEDIA, August 31, 2009-Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.14% with an average 0.7 point for the week ending August 27, 2009, up from last week when it averaged 5.12%. Last year at this time, the ...



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