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Today’s Top Story Archive


Foreclosure Relief Still Iffy – Are Challenging Times Still Ahead?

RISMEDIA, June 11, 2009-Treasury Secretary Timothy F. Geithner told a Senate panel Tuesday he won't know for several months whether a key


A Distinct Advantage – Now, More Than Ever

RISMEDIA, June 10, 2009-Realogy Corporation has quickly responded and adapted to market changes in a way that most real estate companies


10 Ways to Make a Foreclosure as Resalable as Possible…as Soon as Possible

RISMEDIA, June 9, 2009-While the real estate market continues to correct, buyers are confronted with an increasing number


Registration for Leadership Conference Now Open

RISMEDIA, June 8, 2009-Registration for RISMedia's Top 5 in Real Estate Network® Leadership Conference


Reinvent Now, But How?

RISMEDIA, June 6, 2009-Recently in this column, I offered some suggestions to address the need to recruit the real estate agent of tomorrow, the need to reduce your physical "footprint" and the need to have an integrated technology strategy. Most would agree all these things are necessary, however, I sense many people are "frozen."


Elevate Your Career with Top 5 – ‘Real Estate Solutions for Today’s Market’ Seminar to Be Held in Bethesda, Maryland Next Week

RISMEDIA, June 5, 2009-Top agents in the Bethesda, Maryland area encouraged to attend "Real Estate Solutions for Today's Market,"


Real Estate Q&A – The Low-Down on Listing Home Inspection Costs

RISMEDIA, June 5, 2009-(MCT)-Question: I have been looking for a house. I was driving in an area that I like and noticed a house


Distressed Properties—Blight or Boon?

Midyear Power Broker Panel Discusses the Pros and Cons REOs, Short Sales RISMEDIA, June 3, 2009-RISMedia's 4th Annual Power Broker Forum at NAR Midyear began with a question for the more than 400 real estate professionals in attendance: "Are we an industry that influences decision-making and consumer behavior?" Posed by Allan Dalton, president of RISMedia's Top 5 in Real Estate Network®, the question underscored Dalton's belief that real estate professionals must become thought leaders and problem solvers in


Everything Old Is New Again – 11 Tips to Help Jumpstart Your Career

RISMEDIA, June 2, 2009-Have you ever caught yourself saying that you should go back to doing this or that because it was successful or beneficial when you did so? Perhaps you were vigilant about following up with past clients. You had a well-entrenched mail campaign, and people heard from you on birthdays, holidays or for no particular reason at all.


Home Prices Fall in First Quarter; Pace of Decline Lessens Considerably

RISMEDIA, June 1, 2009-U.S. home prices fell in the first quarter of 2009 according to the Federal Housing Finance Agency's (FHFA) seasonally-adjusted purchase-only house price index (HPI). The previously announced, but revised January and February indexes showed increases in house prices, which were offset by a March decrease. The purchase-only HPI, calculated using home sales price information from Fannie Mae and Freddie Mac-acquired mortgages, was 0.5% lower on a seasonally-adjusted basis in the first quarter than in the fourth quarter of 2008.


Real Estate Marketing Strategies- 5 Ways to Double Your Income Using Your SOI

RISMEDIA, May 30, 2009-I find that so many of my clients avoid marketing when it comes to their sphere of influence, yet statistics show that your sphere of influence can be the greatest source of referrals. Following these simple tips will allow you to easily reach out to your sphere of influence.


Strong Buyer Activity in Lower Price Ranges Allows Existing-Home Sales to Rise in April

RISMEDIA, May 29, 2009-Existing-home sales rose in April with strong buyer activity in lower price ranges, according to the National Association of Realtors®. Existing-home sales-including single-family, townhomes, condominiums and co-ops-increased 2.9% to a seasonally adjusted annual rate of 4.68 million units in April from a downwardly revised pace of 4.55 million units in March, but were 3.5% below the 4.85 million-unit level in April 2008. Lawrence Yun, NAR chief economist, said first-time buyers continue to influence the market but there also is a seasonal


Multifamily Builder Confidence Up from Record Lows

RISMEDIA, May 28, 2009-Recent hints of optimism in the housing industry appear to have spread to the multifamily sector, according to the first quarter of 2009 results of the Multifamily Rental Market Index (MRMI) and the Multifamily Condo Market Index (MCMI), released by the National Association of Home Builders (NAHB). "Multifamily builders are beginning to see slight improvement in the current market for new rental and for-sale units, and anticipate even better times in the next six months," said David Crowe, NAHB's chief economist. "The components


Commercial Real Estate Hurt by Credit Crunch and Weak Economy

RISMEDIA, May 27, 2009-The general economic downturn, complicated by a severe credit crunch in commercial real estate, is dampening commercial real estate activity. In addition, a forward-looking index shows the forecast for commercial real estate sectors will remain weak for the remainder of the year, according to the National Association of Realtors (NAR). Lawrence Yun, NAR chief economist, said commercial real estate has been hit by a double whammy. "Significant job losses have reduced the demand for commercial space, while a lack of credit has stalled transactions and refinancing activity


MLS 5.0 – Creating the MLS of the Future

RISMEDIA, May 26, 2009-It is not the intent of this column, nor is it possible, to answer every question about MLS 5.0; rather it is to begin the discussion and move to outcomes that will be beneficial to the stakeholders: consumers, agents, brokers, vendors, associations, MLSs, staffs and anyone interested in MLS. Question (which has been asked many times over the past 10 years, but never really answered):


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