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Feb

22
2007

Fear and loathing on the campaign trail

By Matt Carter, Thursday, February 22, 2007.
Who was (is) that Mohawked man? Would you believe: A top Republican campaign strategist who ran California Insurance Commissioner Steve Poizner's election bid last fall, until he disappeared in Yosemite after staying up for five days straight and hallucinating that...  more...

A Car Elevator

By Bradley Inman, Thursday, February 22, 2007.
Check out this cool feature, an elevator for your car at 200 11th Ave., NYC, a Leonard Steinberg listing. Click on En-Suite Garage and then click on Play Movie. If you do not know Leonard, here is a taste of...  more...

Move Inc. is building something ...

By Glenn Roberts, Jr., Thursday, February 22, 2007.
Allan Dalton, who in October was named president of Move Inc.'s (formerly Homestore) real estate division in charge of Realtor.com and other operations, is working on a hush-hush internal project that "could be transformational for both consumers and real estate...  more...

For Consumer's Sake - NIX to IDX

By kenjenny@sbcglobal.net, Thursday, February 22, 2007.
There is a direct relationship to seeking permission from the listing broker to publish and the trend to publish more listings in more places. Models like Trulia, Realtor.com and others respect the listing broker and their models allow the listing...  more...

The vision thing

By Bradley Inman, Thursday, February 22, 2007.
Inman News is introducing a slew of new products as we turn to our readers to participate more in our platform. The idea is to expose our content, inspire richer feedback and encourage contributions in the spirit of using the...  more...

California insurance commish sees Title-opoly

By Matt Carter, Thursday, February 22, 2007.
It's safe to say title insurers and escrow service providers were celebrating last November when California Insurance Commissioner John Garamendi, a Democrat who had proposed rolling back rates by $1 billion a year, moved on to become lieutenant governor and...  more...

Dive bar nominees

By Bradley Inman, Thursday, February 22, 2007.
Bloggers Connect, a two-day conference proceeding Real Estate Connect in San Francisco -- July 31-August 1 will open with the Dive Bar Tour. Any bar ideas are welcome here. This TurnHere video gives you an idea of what we have...  more...

Finding New Clients on Social Networks

By Joel Burslem, Thursday, February 22, 2007.
A Columbia, Missouri-based Realtor has struck upon a novel way to find new clients online. He's started using his MySpace.com profile to find prospective clientele, so says the Columbia Missourian. “I needed to find a way to network that wasn’t...  more...

Real estate author convicted of tax fraud

By Marlowe, Thursday, February 22, 2007.
Wade Cook, a cab driver turned entrepreneur, real estate flipper and seminar leader, is in the news again. Tuesday, after three-and-a-half days of deliberation, a jury found Wade Cook guilty of evading federal income tax from 1998 through 2000 on...  more...

Tag it $3.99 Bradley

By Bradley Inman, Thursday, February 22, 2007.
My Dad and Mom were small town retailers. My father taught me pricing. Open the boxes from UPS, hang-em, steam-em and mark-em up 3 times. And always use the 99 cents scheme. According to Scot Morris's Book of Strange Facts...  more...

Allan Dalton pursues new company venture

By Inman News, Thursday, February 22, 2007.

Move Inc. (NASDAQ: MOVE), which operates popular home-search Web sites including Realtor.com, on Thursday announced that the company is pursuing a potentially "transformational" new venture within the company, to launch in the third quarter of this year, led by the company's real estate division president Allan Dalton.  more...

Customer cancellations hurt HouseValues

By Inman News, Thursday, February 22, 2007.

An unexpected surge in customer cancellations hurt House Values (NASDAQ: SOLD) earnings in the fourth quarter, company CEO Ian Morris said Thursday.  more...

California committed to title insurance rate cap Premium Content

By Matt Carter, Thursday, February 22, 2007.

California's new insurance commissioner says he agrees with his predecessor that there's a lack of competition among the state's title insurance and escrow services providers, and that he stands behind a proposal for a cost-based rate cap.

Steve Poizner, who succeeded John Garamendi as the state's top insurance regulator Jan. 8, today issued his first public statement on Garamendi's proposed rate rollback.  more...

Acquisition, slow housing market hurt LandAmerica profits

By Inman News, Thursday, February 22, 2007.

LandAmerica Financial Group Inc. reported fourth quarter profits fell 42.6 percent, to $34.3 million, because of a slowdown in home sales and costs related to its acquisition of Capital Title Group Inc.

At $1.95, earnings per share still beat analysts' expectations of $1.76, Reuters reported.  more...

TMG Partners buys SOMA Square in San Francisco

By Inman News, Thursday, February 22, 2007.

TMG Partners, a San Francisco-based investment group, purchased SOMA Square, a 300,711-square-foot mixed-use project in San Francisco for $46 million, according to an announcement from Grubb & Ellis Co.

Los Angeles-based IRP Yerba Buena Associates, LLC sold SOMA Square, which was fully leased to two tenants at the time of sale.

SOMA Square consists of two buildings. Burlington Coat Factory occupies a three-story, 147,571-square-foot structure at 899 Howard St.  more...

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