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Today’s Top Story Archive


It’s Not Too Late to Get Your Share of the REO Market

RISMEDIA, April 29, 2009-A recent column on how to work the foreclosure market generated more than a few responses. Of particular interest was the question of how to go about getting REO (bank-owned property) listings, which represent a significant-and growing-percentage of all existing home sales. The truth is that we're now in the fourth year of this foreclosure cycle, and those agents just now looking to get REO listings are definitely late to the game. Moreover, a "business as usual" approach doesn't work in unusual business cycles, and we're definitely in one of those right now.


Learn How to Maximize Your Business in Distressed Properties at Midyear Power Broker Forum

Rei Mesa, President & COO, Prudential Florida Realty to be featured speaker on this year's panel RISMEDIA, April 28, 2009-Next month, RISMedia will hold its 4th Annual Power Broker Forum & Reception during NAR's Midyear Legislative Meetings in Washington, D.C. The focus will be on "Maximizing Distressed Property Business," and will feature several industry leaders on the discussion panel. The session is open to all NAR attendees. The event will take place Thursday, May 14, 2009 from 3:30-5 p.m. (Forum) and a reception will follow from 5-6 p.m.


Buying Foreclosed Homes: Deal or No Deal?

RISMEDIA, April 27, 2009-HouseMaster®, a home inspection franchisor, reports there are abundant opportunities for qualified homebuyers in the current real estate market - triggered by a 28% rise in foreclosure activity from last year. While President Obama's $75 billion loan modification and refinancing Homeowner Affordability and Stability Plan will help as many as 4 million struggling homeowners, it won't save everyone from foreclosure resulting in prime deals for qualified homebuyers.


Where Your Local Knowledge Really Counts

RISMEDIA, April 25, 2009-Melody Holder is the broker with Exit Realty Melody and Associates in Cadiz, Kentucky. She's been a Realtor® for seven years. Cadiz is a town of 2,000-plus people located in Southeastern Kentucky, in Trigg County. The music there is country, folks go to church on Sunday, the GMC dealer is ‘Patriot GMC' and the town is proud of its long and colorful history. Most big city folks would probably venture that no one from such a small and rural community could know anything about online marketing and wouldn't be able to teach them anything.


Finally, the Real Estate Credential Leading Agents Deserve and Consumers Can Understand

RISMEDIA, April 25, 2009-When Allan Dalton was named one of the real estate industry's "25 Most Influential Thought Leaders" by the National Association of Realtors' Realtor magazine, it caused RISMedia President and CEO John Featherston to consider exactly where Dalton has made


Are You Maximizing Your Business in Distressed Properties? Learn How at Midyear Power Broker Forum

EXIT Realty, U.S. Operations President to be featured speaker on this year's panel RISMEDIA, April 23, 2009-Next month, RISMedia will hold its 4th Annual Power Broker Forum & Reception during NAR's Midyear Legislative Meetings in Washington, D.C. The focus will be on "Maximizing Distressed Property Business," and will feature several industry leaders on the discussion panel. The session is open to all NAR attendees. The event will take place Thursday, May 14, 2009 from 3:30-5 p.m. (Forum) and a reception will follow from 5-6 p.m.


Where Your Local Knowledge Really Counts

RISMEDIA, April 22, 2009-Melody Holder is the broker with Exit Realty Melody and Associates in Cadiz, Kentucky. She's been a Realtor® for seven years. Cadiz is a town of 2,000-plus people located in Southwestern Kentucky, in Trigg County. The music there is country, folks go to church on Sunday, the GMC dealer is ‘Patriot GMC' and the town is proud of its long and colorful history. Most big city folks would probably venture that no one from such a small and rural community could know anything about online marketing and wouldn't be able to teach them anything.


Midyear Power Broker Forum: Focus on Maximizing Distressed Properties

Jordan Baris President to be featured speaker on this year's panel RISMEDIA, April 21, 2009-Next month, RISMedia will hold its 4th Annual Power Broker Forum & Reception during NAR's Midyear Legislative Meetings in Washington, D.C. The focus will be on "Maximizing Distressed Property Business," and will feature several industry leaders on the discussion panel. The session is open to all NAR attendees.  The event will take place Thursday, May 14, 2009 from 3:30-5 p.m. (Forum) and a reception will follow from 5-6 p.m.


New Home Sales, Traffic and Optimism on the Rise

RISMEDIA, April 18, 2009-New home sales, traffic and expectations all lifted meaningfully in March. Findings that support this news are detailed in the John Burns Real Estate Consulting April survey of builders across the country. According to the survey, while the improvement can be partially attributed to seasonality, we can also point to a shift in builders' optimism in many metros. The rating of future sales improved substantially, and expectations rose in every single region except the Northwest.


Home Builder Confidence Posts Biggest Gain in 5 Years

RISMEDIA, April 17, 2009-Builder confidence in the market for newly built, single-family homes rose five points in April to the highest level since October 2008, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This gain was the largest one-month increase recorded since May of 2003, and brings the HMI out of single-digit territory for the first time in six months - to 14. Every component of the HMI reflected the boost, with the biggest gain recorded for sales expectations in the next six months.


It’s Not Easy Being Green – Industry Leaders Accept the Challenge

RISMEDIA, April 16, 2009-With Earth Day right around the corner and the concept of ‘going green' becoming more mainstream for both companies and homeowners, now is the time to look at the ways in which you too can join the green movement. This month's Power Broker Roundtable focuses on the green concept and how two industry leaders have taken on the challenge to go green.


Top 5 Returns to Sunshine State: Tampa Agents Should Not Miss ‘Moving Up In a Down Market’

RISMEDIA, April 14, 2009-Top agents in the Tampa, Florida area still have time to attend ‘Moving Up In a Down Market,' a free seminar presented by RISMedia's Top 5 in Real Estate Network®, on Wedsnesday, April 15 in at the Grand Hyatt Tampa Bay hotel.


Homebuyers Give Government Stimulus Plans Lukewarm Reception

RISMEDIA, April 18, 2009-The Obama administration's $8,000 tax credit for first-time homebuyers is motivating them to make a purchase this year, according to recent survey results from ZipRealty.com. The survey of active ZipRealty website users reveals that 62% of prospective first-time homebuyers are now more likely to buy in 2009. However, government plans provide little incentive for other buyers or for sellers, and confidence in the housing market overall remained largely unchanged since before the election, according to survey results.


MLS 5.0-The MLS of the Future

RISMEDIA, April 10, 2009-What will be required to build on the current solid foundation of today's MLS? Here is part of the MLS 5.0 whitepaper, a vision that attempts to answer the question and creates a basis for an industry discussion. Open and frank discussion is essential to creating the tools and organizations that will position Realtors to provide services to meet the expectations of future buyers and sellers. This paper is a vision and not a roadmap.


Using Technology to Your Advantage – Social Networking Connects Agents with Homebuyers

RISMEDIA, April 9, 2009-Facebook, Twitter and YouTube are among the social networking options used by the real estate industry to connect with consumers who are seeking a combination of technology and human touch. The national meeting of the Real Estate Services Providers Council (RESPRO), a national non-profit trade association of real estate broker-owners, real estate franchisers, mortgage lenders, title insurers and agencies, homebuilders, home service and settlement providers united to deliver


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