Real Estate Trends

Trends, Technoloy and New Business Models Changing the Real Estate Industry

May

16
2011

Why Liability Insurance Is Required At Closing

Certainly there is one thing anyone can anticipate at the summation table when you are buying a house and this is the demand regarding a liability insurance policy. Similar to the prerequisite intended for auto insurance coverage any time you're changing automobile titles and acquiring automobile tags in most states, you'll discover which mortgage loan providers are determined to make sure you have proof of insurance protection at closing.  more...

May

11
2011

What is loan to value ratio?

The way banks and mortgage lenders decide whether to make loans on certain houses with a certain value is not really a mysterious process, although you don't hear much from them while you're waiting for an appraisal and for a loan commitment. It can be a long, tiresome wait!

Mortgage lenders use a specific criteria to determine whether you are personally qualified for a mortgage, which all has to do with the ratio of your debts to your income. But the other part of their determination uses different criteria, it is all about the appraised value of the house, it's not about you at all.  more...

May

10
2011

Update Your Chain of Title When You Sell a Home

Whenever I get ready to sell a house I have to provide my buyer with a form of guarantee that I really own the house and that there are no liens against it. Even if the buyer doesn't really know or care about these things, they are actually very important to him. That's why lawyers and title companies research the legal history of a property thoroughly on behalf of the current owner before a property is sold to a new owner. Everyone wants to know, especially his lender if the new owner is borrowing money, that the "chain of title" is clear.  more...

May

1
2011

American Dream ~ Denied

Remember when buying a house was the American dream? It has recently become an American Nightmare! Mortgage loans are being denied due to credit score and there are many are being denied without a good solid reason.  more...

Apr

1
2011

The Red Light On The Real Estate Video Camera Is Blinking... What Not To Do For That New Property Listing Tour.

What Does NOT Play Well On A Real Estate Or Local Community Video Presentation.

1) Thinking you are going to shoot the entire video one take, no edits, on the run.
2) Believing someone will waste four minutes as your car cam video jiggles. You ramble, cause sea sickness dodging pot holes. Twisting in and out of neighborhoods.
3) If the video is a house, think just start inside and let them figure what's up. Confuse.
4) Or forget the audio track, that's only 40% of the real estate experience. Use the Rocky theme.  more...

Jan

6
2011

The 10LB Content Monster has Arrived.

3 Content 1 Pitch. Feel free to give this out to your list as a gift from yourself and maybe a mention that Dan gave you the right to give it to them as a New Years Gift.

Enjoy all your hero’s everyone, 92 real estate Guru’s whom you know and LOVE are in here and there is no selling, it’s pure content at 12.2 MB 1500 pages that when printed weighs 10lbs. This is a 10lb content monster and it’s yours to give to your lists:

My book can be downloaded here at no charge to you:
http://d2tkabpwf7wkmx.cloudfront.net/RealEstateEncyclopedia2011.pdf  more...

Jul

29
2010

Free Report on Green Real Estate Investing

You can get your free report here:
http://www.greeninvestorcollege.com

May

28
2010

May

19
2010

May

16
2010

Can an Agent or Brokerage Website and Agent/Customer emails establish Procuring Cause?

What if a buyer learns of an open house advertised on your agent website - which lists all open houses for the weekend. This particular property is not your or your brokerage's listing. Mr. Buyer goes to open house, meets hosting agent from listing brokerage office (but not the actual listing agent), looks around, asks questions, likes the property and leaves.  more...

May

14
2010

Feb

15
2010

11 Realtors Property Resource Questions With HAR President

I recently spoke with HAR (Hawaii Association of Realtors) President Tracy Stice about whether or not Realtors Property Resource (RPR) will be a game changer in the real estate industry:

http://tinyurl.com/rpr-zillow

If you read the article you know that our conversation was cut short--right after Tracy announced that one large MLS had already signed a letter of intent to participate.

Well, I got back in the office on Monday and the first thing I did was corner Tracy to ask him the questions that had been running through my mind all weekend.  more...

Feb

3
2010

Alphabet soup - what the #@$% do all those real estate acronymns mean?!?!

Ever wonder what all those abbreviations mean behind a real estate professional’s signature? We did too, which is why for the past year we have collected all designations and their definitions/criteria that have come across our radar. We call this list “Alphabet Soup”.

The list below may be useful to you; if you find any designations we’re missing, please add a comment to this post with as much info as you can and we’ll keep on top of updating the content. If you are re-posting this list, please give credit where credit is due and link back to Goomzee's Mobile Marketing Blog.  more...

Dec

30
2009

Dec

4
2009

Which are the Top 10 Most Recognizable Real Estate Franchise Brands?

Six months ago I wrote a blog post about "The Changing Face of Real Estate Franchise Brands" that garnished a lot of attention because I dared to compare and even more list in order the top 10 franchise brands in my opinion.

Then last month my blog post "Merge Creates One of the Largest Real Estate Franchises in Northern America" exploded with over 155 comments as the debate continued about brands when a significant number of agents had never even heard of the brands mentioned. Well now I have created an opportunity to see what the industry really thinks.  more...

Nov

25
2009

With Our Powers Combined: R.E. Investing & the "Four-oh Wunk"

A little bird fluttering about the office last week told me of a tantalizing opportunity for my 401(k). For those of you in the dark, a 401(k) is a retirement savings portfolio and can be used to facilitate investments. You may hear experts refer to it as a “four-oh wunk”; don’t be alarmed, this pronunciation also points to the same section of IRS Tax Code that serves as both an IRS Tax Code and the name of a retirement portfolio that can be used to facilitate investments.  more...

Nov

11
2009

Oct

22
2009

www.UnnecessaryForeclosure.com Educates Homeowners on Foreclosure Avoidance Options

As millions of American families struggle to keep their homes not knowing where to go for help, the Northeast Atlanta Metro Association of REALTORS® (NAMAR) wants to help those homeowners learn how to avoid foreclosure and keep their home, and have launched www.UnnecessaryForeclosure.com to do so.  more...

Oct

4
2009

Sep

10
2009

Goomzee Heats Up The Summer By Signing Four More Multiple Listing Services

Missoula MT Sept 8, 2009 - Agreements with Intermountain MLS of Boise and Northwest Montana Association of REALTORs in Kalispell, plus two others, continue to grow Goomzee’s nationwide footprint. Goomzee®, a leading text message marketing and lead generation provider that connects buyers and sellers in real time, announces agreements with four more multiple listings services.  more...

9-11 Memorial Events - Please Participate In Your Area

"On 9-11-09 join a free motorcycle ride dedicated to the memory of the 343 FDNY Firemen, 61 Police Officers and all those who tragically lost their lives on that historic day. The goal is to draw Patriotic Americans together on a Remembrance Ride to honor these brave Americans. "The Ride" and public Ceremony is open to all."

Here is a link to a long standing 9-11 memorial ride here in SoCal: http://www.remember911ride.com

Please post other events you may be attending in your area - And remember:

All Gave Some - Some Gave All - NEVER Forget !!

Thank you, Danny

Thank you,  more...

Sep

4
2009

Social Media Tips for Real Estate Professionals

Your profile, posts and comments on most Social Media networks will be available for many thousands, maybe even everyone to see – forever. It is therefore vitally important that you conduct yourself correctly.

Be yourself, be open, be transparent, share… and all those other good things. Just decide who you are, what image you wish to portray today, and tomorrow.

Don’t just sign up for a network account on LinkedIn or Facebook or Twitter with the intent of just engaging in idle chit-chat without taking the time to complete profile and think through your positioning.  more...

Aug

31
2009

Average Rental Rates in the US

For rental real estate trends we have a free average rental rates tool that shows historic and current rental rates for over 4,000 cities in the US across 4 million rental properties and apartments.

Aug

28
2009

US SecretaryTreasurer and obvious financial genius Timothy Geithner overpriced his home listed in Feb HIGHER than 2006 values.

Of course it's end-of-the-month crunch time.

Extra pressure to make sure those escrows and fundings close smoothly.

But take a 4min break and watch this clip -

Then get back to work....

http://www.thedailyshow.com/watch/wed-july-29-2009/home-crisis-investiga...

Thanx, Danny

Thank you,
Respectfully,

Danny C. Flucke Jr. - Senior Partner
Nationwide Mortgage Experts
Direct: (714) 624-9479

Email: DCFJ@NationwideMortgageExperts.com
Websites: www.NationwideMortgageExperts.com / www.NaMoEx.com  more...

Aug

18
2009

Click To Support Reversal Of The Business-Destroying HVCC Legislation - And Forward NOW !!!

URGENT HVCC UPDATE:

Thank you to everyone who responded to our article last month concerning the business-destroying HVCC legislation - And for signing our petition to overturn it.

HVCC continues to devastate home values across the US. The mortgage industry is now faced with EXPANSION of the HVCC fiasco with higher Fannie and Freddie loan limits.

HVCC will carry through to former “jumbo” markets forcing more and more downward preasure on homeowners real estate values.  more...

Aug

8
2009

Using Superior Strategy & Tactics to Win

If you'll take the time to review everything that is laid out in these video's and free report, then you will absolutely dominate your market area when it comes to selling property at the highest possible price in the shortest period of time: http://www.simsprofits.com/?1008344 there is no question about it.

Aug

5
2009

Taylor Bean Must Cease All Originations AND FUNDINGS Effective Immediatetly

Press Release issued 10min ago:

OCALA, FLORIDA – TAYLOR, BEAN & WHITAKER MORTGAGE CORP. (“TBW”) RECEIVED NOTIFICATION ON AUGUST 4, 2009 FROM THE U.S DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, FREDDIE MAC AND GINNIE MAE (THE “AGENCIES”) THAT IT WAS BEING TERMINATED AND/OR SUSPENDED AS AN APPROVED SELLER AND/OR SERVICER FOR EACH OF THOSE RESPECTIVE FEDERAL AGENCIES.

TBW HAS UNSUCCESSFULLY SOUGHT TO HAVE THE TERMINATION/SUSPENSION DECISIONS OF EACH OF THOSE AGENCIES REVERSED. AS A RESULT OF THESE ACTIONS, TBW MUST CEASE ALL ORIGINATION OPERATIONS EFFECTIVE IMMEDIATELY.  more...

Aug

1
2009

Fathers Memorial Flag Hand-To-Hand Delivered From SoCal To Florida

The Patriot Guard Riders (PGR) has been tasked with Hand-To-Hand delivery of a father’s memorial flag from SoCal - To his daughter (Jennifer) in Florida.

This ride will cover 6 states with stops to hand off the flag to the next group of riders for the next leg of the trip.

Day one / Riverside, CA to Ehrenberg, AZ / 177 miles
Day two / Ehrenberg, AZ to San Simon, AZ / 382 miles
Day three / San Simon, Az to El Paso, TX / 200 miles
Day four / El Paso, TX to San Antonio, TX / 553 miles
Day five / San Antonio, TX to Lake Charles, LA / 340 miles  more...

Jul

29
2009

Mortgage Servicers Are Under Pressure to Modify More Loans

This Wall Street Journal article illustrates how focused everyone is on the lender -- With little more than a glance given to distressed homeowners. It is interesting to note that while the various government bodies are cleaning up the "loan mod" industry - They still have not issued any sort of consumer guide to help homeowners needing assistance. Here are a few tips:  more...

Jul

23
2009

The New (MDIA) Will DRASTICALLY Change Your Real Estate Business On July 30th

On July 30, 2009, some of the provisions of the Mortgage Disclosure Improvement Act of 2008 (MDIA) go into effect and lenders, mortgage brokers, title agents, real estate agents, and real estate brokerages need be alert as to these new federal governmental regulations. Here are the details for the MDIA:  more...

Jul

14
2009

Commercial real estate is the next shoe to drop

Commercial property markets are beginning to show real weakness. Delinquency rates have doubled to almost 7% and the bottom isnt expected for another three years.

It no surprise that with the loss of jobs there is a great deal of downsizing and rent reduction for everyone from retail shopping malls and small business to hotels and offices. Unemployment is now 9.5%, pushing commercial vacancy rates to 17%.  more...

Jul

13
2009

Return of the Reverse Mortgage?

The FHA now permits seniors 62 years and older to PURCHASE residential real estate using a reverse mortgage. Until recently, reverse mortgages insured by FHA were only available on homes already owned and occupied by eligible borrowers. Beginning this spring, the agency allows you to BUY a duplex, tri-plex, or quadruplex - using a reverse mortgage.

That means you can buy a multi-unit property with an FHA reverse mortgage, live in one unit while renting out the others, and avoid paying a dime towards your monthly principal or interest.  more...

How Being 'Hyperpersonal' Helped Me Meet New Bloggers

Everyone knows the importance of having ‘hyperlocal’ content on your blog, but how many people, I wonder, recognize the importance of being ‘hyperpersonal’? Last week I was tasked to uncover some hyperlocal blogs in our current clients’ markets. Most ‘experts’ will say the best way to get on another blogger’s radar would be to lurk around the site until you find a post you feel comfortable commenting on. But I must say that I am not a fan of waiting, plain and simple.  more...

Jul

10
2009

Former Countrywide Execs To Profit From REO Markets

Does anyone else find this ridiculous?

Former CW senior executives are now heading up a company with Fannie and Freddie REO contracts - Even though they have ZERO real estate selling experience.

(Is that why they are just now getting their real estate licensing in order...?)

They make Multi-Millions in salaries and bonuses at CW - Which certainly had a major hand in creating this real estate bubble - Only to turn around and profit again from the REO market.

Here is the link: http://blogcatalog.com/search.frame.php?term=countrywide+reo&id=c38dad1c...  more...

Jul

7
2009

93 Plus Potential Land Disclosure Issues

93 Plus Potential Land Disclosure Issues

Anyone involved in a typical Land transaction, leasing, buying or selling may be exposed to 93 plus potential Land issues. For years now I have advocated for need of a “Land Disclosure” form throughout our country. So far only four states have such a document available for the real estate industry and they are Arizona, California, Georgia and Tennessee.  more...

93 Plus Potential Land Disclosure Issues

93 Plus Potential Land Disclosure Issues

Anyone involved in a typical Land transaction, leasing, buying or selling may be exposed to 93 plus potential Land issues. For years now I have advocated for need of a “Land Disclosure” form throughout our country. So far only four states have such a document available for the real estate industry and they are Arizona, California, Georgia and Tennessee.  more...

93 Plus Potential Land Disclosure Issues

93 Plus Potential Land Disclosure Issues

Anyone involved in a typical Land transaction, leasing, buying or selling may be exposed to 93 plus potential Land issues. For years now I have advocated for need of a “Land Disclosure” form throughout our country. So far only four states have such a document available for the real estate industry and they are Arizona, California, Georgia and Tennessee.  more...

93 Plus Potential Land Disclosure Issues

93 Plus Potential Land Disclosure Issues

Anyone involved in a typical Land transaction, leasing, buying or selling may be exposed to 93 plus potential Land issues. For years now I have advocated for need of a “Land Disclosure” form throughout our country. So far only four states have such a document available for the real estate industry and they are Arizona, California, Georgia and Tennessee.  more...

Jul

4
2009

The Changing Face of Real Estate Franchise Brands?

There is always a debate going on in the real estate industry about which company is the largest. As some don’t disclose financials and others use different measuring criteria (offices, agents, sales volume, profitability, brand recognition, etc.) we have many potential “winners”.  more...

Jun

12
2009

Jun

5
2009

HVCC - ONLINE PETITION TO VOICE YOUR OPINION

In just weeks - Over 16,000 agents have spoken out and signed an online petition asking for the recall of the HVCC legislation.

HVCC legislation requires a third party to control the appriasal process. It was designed to eliminate "influence" from lenders and real estate agents who might pressure for a higher value.

Since this legislation was designed by politicians and not actual business people - It causes undue stress and frustration for home buyers and refinance candidates - While not solving any of the issues mentioned.  more...

May

28
2009

May

21
2009

Real Estate Agent Lays the SmackDown on the IRS!

Many of you have heard about how the IRS has been targeting Real Estate Agents, and challenging the status of a "real estate professional" for an Agent.

To give you a brief background without getting into the details - a "Real Estate Professional" is someone who "materially participates" in their real estate activity. As a result, they are able to deduct real estate losses from other income that is not related to real estate.

The IRS had been challenging the "real estate professional" status for agents - stating that Brokers qualify, but Agents do not. And they were winning...  more...

'Green' Goomzee

A recent sign order resulted in our supplier mistakenly printing over 30 extra sign riders.

Acknowledging the mistake, our supplier offered to dispose of them at no charge, a courteous gesture...

...but in today's economic and environmental climate...

...how could we just throw away 30ish perfectly good signs? Instead, we returned the signs, and asked our provider to simply re-label them when the time comes for the next order.  more...

May

14
2009

How to Grow Business with Investors in Today's Market

Real estate investors are the most active buyer in the current markets. They account for more than 1 out of every 5 real estate transactions,and 75% of their purchases are single family homes, condos, and townhouses.

What are you doing NOW to grow your business with investor clients, and what actions can real estate professionals take to make investor clients want to do business with them?  more...

May

13
2009

May

8
2009

May

6
2009

May

2
2009

Is being a Private Hard Money "Lender" easier than being a rehab "Borrower"? Which one produces more cash flow per month?

How do you make $1,050 a month cash flow on a $30k rehab deal?
By "BEING THE BANK" of course!!

How do you make $2,275 a month cash flow on a $65K rehab home?
By "BEING THE BANK" of course!!

How do Private Hard Money Investors make 11% - 42% ROI Annually?

Private Financial Club, Inc. will share their secrets with YOU!

Hedge Funds and Money Managers won't tell you because obviously, they don't make money by sharing the secrets that Wall Street doesn't want YOU to know!  more...

Apr

19
2009

SEO and the Internet future for Real Estate

In speaking with many of my fellow Realtors, I am amazed how many of them have a website yet never receive a lead or phone call from that website. It's the whole "if a tree falls in the forest" thing. If you have a website and nobody ever visits it, does it really exist? The answer is probably NO because they are visiting your competitors website instead. These figures have recently come out and it speaks volumes as to the future of Real Estate and the internet.  more...

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