David Pereiras / Shutterstock.com Second mortgages and home equity lines of credit threaten housing recovery

Second mortgages and home equity lines of credit threaten housing recovery

“The property has pretty much been a nightmare since day one,” Joe Schwarz said of a home he bought near the height of the housing market in the Phoenix area. “I’ve wanted to be done with it for years but I couldn’t because of the second (m...
By Daren Blomquist | 13 hours ago
RomboStudio/Shutterstock Brokers, beware: Online listing agreement could carry hidden consequences

Brokers, beware: Online listing agreement could carry hidden consequences

Real estate listings and their associated photographs and media are very valuable content (intellectual property). This content is so valuable that some websites have built pretty large kingdoms using other people's content ......
By Brian Balduf | Monday, March 30, 2015
viki2win/Shutterstock How to benefit in real estate by not selling houses

How to benefit in real estate by not selling houses

I have a friend. Let's call him Jack. We are still friends because I declined his invitation to sell list his home … a property type I sell regularly, on a very busy thoroughfare that would have afforded me great sign exposure ......
By Cathy Turney | Friday, March 27, 2015
Johan Swanepoel/Shutterstock 'My listing, my lead' philosophy is a massive disservice to real estate consumers

'My listing, my lead' philosophy is a massive disservice to real estate consumers

Let's place you in the same kind of situation that the underrepresented buyer and seller are in. A past client decides to sue you for $2 million in damages -- and their attorney offers to also take your side of the case. Do you feel confident in gett...
By Creed Smith | Friday, March 27, 2015
Dmitry Kalinovsky/Shutterstock What a property manager does in real estate

What a property manager does in real estate

"What exactly does a property manager do?" It's a question I'm often asked by homeowners who are considering becoming landlords -- especially at times when home sales are slow. In fact, I'm guessing that at some point one of your clients who is weigh...
By David Norod | Thursday, March 26, 2015
racorn/Shutterstock The difference between market price and market value in real estate

The difference between market price and market value in real estate

When I market a client’s property, I determine a market price without viewing the property and the probability of that property being sold in 30, 60 or 90 days based on comparables and market data. Then I determine a market value once viewing and a...
By Robert McTague | Thursday, March 26, 2015
TopProducer-MichaelBalsitis Michael Balsitis: 'We can't be afraid of rejection'

Michael Balsitis: 'We can't be afraid of rejection'

"Nobody wants to be sold, so don't take the first or second 'no' personally," says the associate broker and top producer. "How many times do you walk into a store and someone says, 'Can I help you?' And you say, 'No, I'm just looking.' Even though yo...
By Inman | Thursday, March 26, 2015
SELECTLive_GingerWilcox Want rapid, insane, incredible growth? Grow your real estate business like a startup

Want rapid, insane, incredible growth? Grow your real estate business like a startup

One thing that separates startups from more established companies is their growth — “rapid, insane, incredible growth.” That’s according to Ginger Wilcox, chief industry officer for mortgage tech startup Sindeo and a former Tr...
By Andrea V. Brambila | Wednesday, March 25, 2015
SELECTLive_SherryChris Sherry Chris: 'Be a servant-leader'

Sherry Chris: 'Be a servant-leader'

As someone who has been in real estate for the past 30 years and worked her way up from an agent to becoming one of the most influential people in the industry today, Sherry Chris knows what it takes to ......
By Andrea V. Brambila | Wednesday, March 25, 2015
YanLev/Shutterstock Returning to real estate? Hire a coach

Returning to real estate? Hire a coach

Steve Titcombe has been a firefighter paramedic for Michigan's third-largest city for 21 years, and he normally works more than 60 hours a week in that role. He's also been a licensed Realtor for 26 years -- and an associate broker for the past 15 of...
By Tim Harris | Wednesday, March 25, 2015
SELECTLive_Hero ALERT: This AM, watch an Inman conference from your desktop or mobile device

ALERT: This AM, watch an Inman conference from your desktop or mobile device

Today, March 25, from 10 a.m. to noon PDT, Inman will host a live-streamed conference with some of the best and brightest in the industry sharing their insights on market conditions, authentic marketing, behaving like a leader, growing like a startup...
By Inman | Wednesday, March 25, 2015
Rawpixel / Shutterstock BHHS aims to define the real estate 'office of the future'

BHHS aims to define the real estate 'office of the future'

DeAnn Golden, senior vice president and managing broker with Berkshire Hathaway HomeServices Georgia Properties, was nervous. One day early last year, Golden's boss called her into his office and told her that the firm was closing an 11,000-square-fo...
By Paul Hagey | Tuesday, March 24, 2015
Pavel L Photo and Video/Shutterstock 8 ways to stay safe when driving with real estate clients

8 ways to stay safe when driving with real estate clients

Don’t pick up hitchhikers is common knowledge. “Don’t give rides to strangers” is the mantra. But that’s exactly what many real estate agents do. ......
By Robert Siciliano | Tuesday, March 24, 2015
photobank.ch/Shutterstock Representing infill in real estate

Representing infill in real estate

The development community saw potential in the bricks and beams of yesteryear, and slowly but surely began to resurrect these sleeping giants and return them to their former glory. By the early 2000s, Richmond's revitalization movement was in full sw...
By Rick Jarvis | Tuesday, March 24, 2015
IS-GoFigure4 Go figure: foreclosure activity, best markets for bargain hunters and more

Go figure: foreclosure activity, best markets for bargain hunters and more

Where did the most foreclosure activity take place in February? Which markets contain the most bargains for house hunters ......
By Inman | Tuesday, March 24, 2015
Straight 8 Photography/Shutterstock What you don't know about veterans can hurt your real estate business

What you don't know about veterans can hurt your real estate business

These superb and enviable benefits are backed by the U.S. Department of Veterans Affairs, which offers additional assistance to our military heroes in times of job loss or other financial distress ......
By Lee Davenport | Tuesday, March 24, 2015
small talk big talk Inside the Realogy analyst meeting

Inside the Realogy analyst meeting

I have Zillow/Trulia/Move fatigue; how about you? Sure, it is an exciting story, but enough already. Let’s take a break, at least in this column today. Tomorrow is another day. I lifted some stuff from the Realogy Investor Day ......
By Brad Inman | Friday, March 20, 2015
Michael-D-Brown / Shutterstock Sellers who tried to go it alone decide: 'We need agents'

Sellers who tried to go it alone decide: 'We need agents'

RANCHO CUCAMONGA, Calif. — After making an attempt to go it alone, sellers often realize they want to bring on an agent to settle the chaos of handling buyers and completing their home sale. That’s according to a panel of ......
By Paul Hagey | Friday, March 20, 2015