Searching
Real Estate News Archive
Real estate auction activity continues to thrive. In today’s tumultuous economy, both residential and commercial properties are selling in droves via auction. According to PropertyAuction.com, the number of auctions posted on their site has almost doubled in 2011. From January to September of this year, 99,924 residential, commercial and land ...
Helen Hanna Casey, president of Howard Hanna Real Estate Services, will be awarded an Honorary Doctorate Degree in Humanities from Carlow University this Friday, December 16 during their commencement ceremony, the company has announced. ...
In the world of listings, the silver medal means absolutely nothing. It pays less than nothing. And, in fact, it actually costs you, because of all those wasted hours (and gas for your car, materials for the listing presentation, etc).
This is why your only goal in the business of getting a real estate listing is first place. Being second carries zero reward–and even a negative balance. Whereas, if there were five REALTORS® competing for the same listing, then the last person actually beat you, because they probably spent less of their time and money on it!
Mortgage banks made an average profit of $1,263 on each loan they originated in the third quarter of 2011, up from $575 per loan in the second quarter of 2011 and $346 per loan in the first quarter, according to the Mortgage Bankers Association. That’s a 377 percent increase over a six month period.
In today’s competitive real estate market, it’s more important than ever for real estate professionals to think outside the box when it comes to connecting with potential buyers. The days of sticking a simple For Sale sign in the front yard are long gone, as today’s buyers are looking for an agent
Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nevada, recently issued the following statement on a congressional plan to raise fees charged by Fannie Mae and Freddie Mac and use them to help pay for an extension of this year’s payroll tax cut through 2012:
“Congress is essentially proposing to raise taxes on millions of potential home buyers in order to pay for a payroll tax cut and other non-housing legislative initiatives. With the housing market struggling to regain its footing, such a short-sighted move would be extremely counterproductive and threaten the fragile economic recovery.
Earlier this year, Tommy Camp—President and CEO of Prudential Carolinas Realty—was looking for a way to help his clients protect their most valued asset: their new home. Camp began searching for a home warranty company that would allow Prudential Carolinas to best serve their buyers and sellers,
Set-fee real estate company Help-U-Sell® Real Estate attended last week’s Triple Play REALTOR® Convention & Trade Expo in Atlantic City, N.J., with a goal of expanding its number of franchises on the East Coast, the company announced. ...
In a recent study of RE/MAX agents in northern Illinois, agents reported that although this remains a great time to buy a home due to ample inventory and mortgage interest rates at a historic low, earning approval for mortgage financing has become a longer and more difficult task. ...
Editor's Note: The below article, which originally appeared in the December 2011 issue of Real Estate magazine, features updated information regarding the National Flood Insurance Program.
The NATIONAL ASSOCIATION OF REALTORS® (NAR) is a leading advocate regarding federal legislative and regulatory issues affecting the industry and homeowners. NAR’s efforts drove these accomplishments in 2011:
This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: Special savings for REALTORS® from Chrysler, a year-end deal from DocuSign and how-to save on the new Buyers and Sellers Profile.
The UFA Default Risk Index for the fourth quarter of 2011 edged lower to 131 from last quarter’s revised 133, which suggests that residential mortgage default and prepayment risks are continuing their return to normalcy.
According to the latest UFA Mortgage Report by University Financial Associates of Ann Arbor, Michigan, the stage is set for a recovery in the housing market. Under current economic conditions, investors and lenders should expect defaults on loans currently being originated to be only 31 percent higher than the average of loans originated in the 1990s, due solely to the local and national economic environment.
If you follow a lot of people, groups, etc. on Twitter, it can get overwhelming to find certain tweets within the stream of information in your timeline. That’s why the Twitter blog suggests making a list of friends and family to help you quickly find their tweets. ...
Realogy Corporation, a leading provider of real estate and relocation services, recently announced that CEO Richard A. Smith has been appointed to serve on the Bipartisan Policy Center's (BPC) newly formed Housing Commission. ...
The heart of any company can be found beating inside the walls of its customer service department. Providing superior customer service after the sale is a smart business decision that pays long-term dividends. All the money a company spends on sales training, marketing research, advertising, and PR initiatives to attract new customers is wasted if clients aren't satisfied after the sale. Your satisfied customers' positive "word-of-mouth" endorsements have always been and always will be your company's greatest asset and most effective marketing program.
