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Fresh ideas from the Nest Premium Content

By Inman News, Wednesday, June 3, 2009.

Jonathan Kauffmann, principal broker-owner for Nest Realty Group in Charlottseville, Va., is speaking during the Real Estate Connect conference in San Francisco, which runs from Aug. 5-7.

A Virginia native who graduated from University of Virginia, Kauffmann secured his real estate license in 2004 and serves on the technology committee for the Charlottesville Area Association of Realtors. His real estate career began by rehabbing properties in the Charlottesville area. He founded Nest Realty in 2008.  more...

Take networking to the next level

By Inman News, Wednesday, June 3, 2009.

Trouble with Twitter? Feeling left out on LinkedIn? Want to face your Facebook fears?

Daniel Rothamel, Inman News community manager who is an active real estate agent and a social media expert, will offer up advice on integrating social networking into your business plan during a Thursday, June 11, webinar, "Agent Tool Box 2.0: Next-Level Networking."  more...

Big Manhattan broker closing its doors

By Matt Carter, Wednesday, June 3, 2009.
Flickr photo by <a href="http://www.flickr.com/photos/seamusnyc/288433314/" target=blank>Seamus Murray</a>.

Manhattan brokerage Coldwell Banker Hunt Kennedy has closed its doors, with about 90 percent of its 200 agents moving to Corcoran Group Inc. and Sotheby's International Realty Inc., company co-founder and Chief Executive Officer David Michonski said.

Michonski said the brokerage -- which has roots in Manhattan going back more than 20 years -- was a casualty of the financial industry meltdown. Coldwell Banker Hunt Kennedy saw the $22 million in revenue generated in 2007 decline by 35 percent last year, and another 50 percent this year, he said.  more...

Demand for purchase loans grows

By Inman News, Wednesday, June 3, 2009.

Applications for mortgage refinancings plummeted 24 percent for the week ending May 29, even with an adjustment for the loss of business on the Memorial Day holiday, but applications for purchase loans jumped 4.3 percent, the Mortgage Banker's Association said.

With stocks rebounding and the government's debt load growing, long-term interest rates have been on the rise as Treasuries and mortgage-backed securities fall out of favor with investors.  more...

Roost.com announces redesign

By Inman News, Wednesday, June 3, 2009.

Roost.com, a real estate search site that features multiple listing service-based property listings information shared through partner brokers, has redesigned its Web site to feature synchronized displays of property maps, photos and basic listing data in the same screen view.

The site features millions of for-sale property listings from a variety of sources -- most of which come from broker-to-broker data sharing agreements in dozens of major metro areas across the country.  more...

GMAC Real Estate to get new name, CEO Premium Content

By Matt Carter, Wednesday, June 3, 2009.
Graham Badun

The parent company of GMAC Real Estate is looking for a new executive to run the firm as it converts all of GMAC's corporate-owned brokerage offices into independent franchisees.

Canadian-based Brookfield Residential Property Services, which acquired GMAC Home Services LLC last year, plans to drop the GMAC name and rebrand the company by the end of the year, said Graham Badun, Brookfield RPS' managing partner and chief executive officer.  more...