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Today’s Top Story Archive


By Popular Demand: Top 5 Returns to the Bay Area This Week

RISMEDIA, March 17, 2009-Top agents in California's Bay Area still have time to attend ‘2009: Lead or Be Left Behind,' a free seminar presented by RISMedia's Top 5 in Real Estate Network®, on Thursday, March 19 at the Hyatt Regency in San Francisco. When and Where: Thursday, March 19 - San Francisco, CA Hyatt Regency 5 Embarcadero Center 9:30 a.m. -12:30 p.m.


5 Tips to Help Your Website Compete

RISMEDIA, May 2, 2009-As real estate professionals who want to make a success of our Internet presence, we should know some of the terminology. But, we should also know how to concentrate our time and efforts on what's important when it comes to tracking visits to, and activity on, our websites. These two goals go hand-in-hand when it comes to sorting out website traffic statistics. Let's look at some terms and see how we want to use these site traffic statistics.


Attendance High for Debut of Top 5 Member Webinar

Network's first online event hosted more than 80% of the program's members RISMEDIA, March 16, 2009-More than 80% of RISMedia's Top 5 in Real Estate's Members attended the Network's first-ever member webinar, with its highest percentages of members logging on in the Northeast, Greater Chicago-land area, California and Florida.


DTI Ratios: What Homeowners Need to Know

RISMEDIA, March 13, 2009-Ask homeowners about their DTI (debt-to-income) ratios, and they're likely to respond with something like, "My what ratios?!" However, when distressed homeowners are sizing up their foreclosure options, they need to brush up on DTI ratios. Lenders will be scrutinizing these ratios to determine homeowner eligibility for loan modification and other debt relief.


Don’t Get Distracted – Prepare for the Rebound Now

RISMEDIA, March 12, 2009-Who isn't concerned about the current real estate market? If you believe that better days are ahead, there are a few things you should do to prepare before the rebound. Start by evaluating the cost side of your business. Cleaning house allows you to be more flexible and nimble. Consumer preference changes quickly so you will need to be ready.


3 Ways to Deliver on the One-Stop-Shopping Promise

RISMEDIA, March 11, 2009-One-stop shopping promises a simpler and better experience for home buyers and sellers. When real estate agents are able to deliver on this promise, they achieve greater referrals through increased client satisfaction. Whether you are already using your brokerage's in-house services, such as mortgage and title, or are thinking about it, service delivery is a critical consideration to fully realizing your one-stop shopping competitive advantage.


Surviving in Today’s Market: Using Peak-Time Methods to Increase Business Today

RISMEDIA, March 10, 2009-"The more things change, the more they stay the same." We've heard that old phrase many times, and nowhere does it apply more graphically than in our own industry. Markets change, the economy changes, and so do public perceptions. But some things-particularly good, sound business strategies-need only to be tweaked a bit to stimulate success in any market.


Working the Foreclosure Market – 5 Things You Need to Know

RISMEDIA, March 9, 2009-I'm often asked by brokers and agents where we see foreclosures heading, and what it takes to be successful in a market seemingly dominated by distressed properties. I'll try to address five of the most popular questions I receive in this column. First of all, we're not nearly at the end of this foreclosure cycle. While the number of new foreclosures might peak this year (if everything goes right), we're still going to be dealing with near-record numbers of foreclosures being processed and then with a massive inventory of bank-owned properties throughout 2010 and into 2011.


Ambitious Foreclosure Plan Revealed – How Will It Help?

RISMEDIA, March 6, 2009-(MCT/RISMedia)-The Obama administration on Wednesday detailed its ambitious $275 billion plan to halt soaring foreclosures nationwide, outlining the financial incentives it's offering investors, lenders and their bill collectors to lure them into modifying distressed mortgages to keep Americans in their homes. The slump in home prices is the root cause of the global financial meltdown, so the success or failure of the administration's housing plan is vital to ending the deepening economic recession.


How to Help Homeowners Understand Obama’s Foreclosure Plan

RISMEDIA, March 5, 2009-If your housing market is anything like my housing market, you are probably fielding plenty of questions about President Obama's $75 billion foreclosure plan. Most homeowners want to know what it means for them, whether they are likely to qualify, and what they need to do to obtain relief. Although the eligibility requirements and other details are likely to become clearer in the next few weeks, you can glean some information from the Homeowner Affordability and Stability Plan. Here, I highlight some of the key points mentioned in the plan.


Today’s Marketplace – The ‘Good’ News, The ‘Bad’ News

RISMEDIA, March 4, 2009-Pending home sales declined on the heels of a weakening economy and with some buyers waiting for clarity on housing stimulus provisions, the National Association of Realtors® announced this week. he Pending Home Sales Index, a forward-looking indicator based on contracts signed in January, fell 7.7% to 80.4 from a downwardly revised reading of 87.1 in December,


Ready to ‘Reinvent’ Yourself and Your Company?

RISMEDIA, March 3, 2009-As I said in my January column, the old days are over...it's time to get ready for a new type of industry. This article suggests ideas that are not complicated, but necessary if you are serious about moving toward the new reality and hope to be a viable company when we come out of this mess.


Social Media Mindfulness – What Every Real Estate Professional Needs to Know

RISMEDIA, May 9, 2009-Brad Hanks (bradhanksseminars.com) refers to himself as a "social media evangelist." He is out in the field preaching to the masses about the importance of embracing the tide that is social media. He is also a well-respected CRB (Certified Real Estate Brokerage Manager) instructor and the developer of a


Power Broker Survey Deadline This Friday: Don’t Miss Your Chance to Rank among Leaders

RISMEDIA, February 26, 2009--The deadline for RISMedia's 21st Annual Power Broker Report & Survey-the industry's leading report ranking the nation's top brokerages-has been extended to this Friday, February 27. Inclusion in this listing of the real estate industry's "who's who" serves as an important competitive tool in today's challenging market. To go directly to the survey, click here. Don't miss your opportunity to prove your strength among the competition.


How to Beat Commission Discounters, List Price Inflators and Your Prospect’s Best Friend at the Listing Table

RISMEDIA, February 25, 2009-Your listing presentation is the most important contact you will have with a seller prospect. In most cases, it's the first face-to-face contact you will have with this prospect, and the only chance you'll have to help them understand how you can benefit them in a way that other agents can't. In many cases, you will be in competition with other agents who will also be trying to sell their services. How well you do in this presentation will determine whether this prospect becomes your client or someone else's.


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