Here is today’s list of top real estate posts of the day.
1) REDC Auction: Scam or the Real Deal? – There are different types of auctions for houses, there is the type where you go to the courthouse step and bid on the foreclosures and then there are the auctions like Hudson &Marshall or REDC where you can bid on a property that has been on the market a while. The advantage to the second is you can visit the house before hand and you can use financing, but don’t think you can steal it with a low ball offer.
2) Rants and Raves ! WHERE DO THESE MIAMI PRICES COME FROM? – One of my favorite subjects, why do we still price houses like it is 1992 and people are still looking at pictures in a MLS book. How we shop for houses has changes, so should the way we price them.
3) Is a Short Sale Free? Will it Cost Me Anything? – This is a common question I get too, what will a short sale cost me as a seller? The answer should be not much if anything at all. Although I would add into this equation the cost of getting legal advice.
4) Why Never Taking ‘No’ For an Answer Will Make You Wealthy – This is a great post that is relevant to investors, agents or anyone in life. If you refuse to take no for an answer it will get you thinking out of the box.
5) The Challenge of Being an FHA Home Buyer in a Seller’s Market – Condos, single-family homes, both have different challenges, but both do have challenges with FHA loans in today’s market.
6) Real Estate Agency, and Why I Can’t Help You – If you are working with another real estate agent, sometimes we just need to do the ethical thing and say sorry, we cannot help you.
7) Is Homebuyers’ Negotiation Power on the Rise? – The average price a house sold for 97.3% of the last list price in January.
8) The Difference Between a Blog and a Website – Do you know what the difference between a real estate blog and a real estate website is? Not much.
9) Consumers Are Not Getting Enough Credit in Today’s Market – Access to credit, HVCC, all things that are helping keep the market down.
10) Two Things: Agents and Listings – Great story for Brokers looking to expand, there are only two things to concentrate on. And for agents, take this information to your business. What are the two things that are money making activates, concentrate on them.
Here is today’s list of top real estate posts of the day.
1) Mortgage Markets Pass The Tipping Point; Mortgage Rates Up For Good? – We have been hearing it for a while, rates are only going up. With an increase in the discount rate is that time now?
2) Day 2: Sonic Drive-In Happy Hour in East Vancouver – This one goes under the “you should be stealing this idea for your blog” category. Don’t take this the wrong way Dale, but this post by itself is not something amazing, and the video is nothing amazing… but the concept for the series? Brilliant. So easy, so informative, such a great idea. I hope you keep it going for 365 days, I am looking forward to watching it develop.
3) Is There a Loan Modification That Will Work? – There are so many factors in loan modifications, but from my experience the answer is with the current system banks are using, no! Tom does a good job writing about it in a lot more detail here.
4) WARNING: You Don’t Want Your Home on the Market Forever! – If you are serious about selling your home do not let this be you. If you are not serious, and only going to sell if you get what you want for it (different than what it is worth) this method is ok, but don’t expect an agent to spend much money and time marketing it.
5) $100 Down payment HUD Home Financing in Phoenix – The 2,000.00 Mistake – Do you have a buyer that is interested in using the $100/down HUD program? If you are in the Phoenix and Tempe area you can almost forget it. Most of these homes are selling over list price, which causes a problem as Christoph points out.
6) RPR MLS License-What RPR can do with data – So I have a sickness, just can’t get enough reading in about the RPR. And I think my opinion on it is starting to change. I can’t wait to get to play with it.
7) What Unique Selling Proposition is a Real Estate Broker or Website Using? – Really this is a challenge, how far out of the box can you go? Who can get outside the box, help the client the most and gain traction doing so?
8) 10 Reasons Why eSignature is the Most Powerful Tool In My Bag! – Yup Docusign rocks! Why are you not using it, that is just mind-blowing.
9) Short Sale Tempe – Bank Of America Equator – I just love watching people rant on BoA short sales process.
10) FHA Flip Rule Video – This is a fairly creative video on the FHA flip rule, nothing new really, but just an interesting way of presenting it.
1) Realtor® or Detective? When Listing Short Sales, You Must Be Both! – This is good for agents who want to join the short sale listing club. I treat short sales different, I fell the home seller needs to hire me and I am only taking the position if there is full commitment. This post explains many of the things I am looking for.
2) If I Can Change, and You Can Change, Everybody Can Change! – I know Redfin takes a lot of heat from the real estate community, but this post makes me stand up and cheer. I really like their philosophy.
3) Licensing to Realtors Property Resource (RPR) and Others — Things to Consider – Attention MLS committees. Thinking about if you share your info with RPR? Here is a good place to start. Now if I could just get my MLS Committee to call me back, been trying to join them for months now.
4) No Brown Nosing Required. Your RAISE Is Ready When You Are. – This gives me an idea for a post, why I got into real estate. This may be reason number 1, you control your own fait.
5) FHA Mortgage Insurance Premiums : Don’t Confuse The FHA’s Wish List For Your Own Reality – OK Dan, why are you trying to confuse me with the facts. FHA cannot just change their guidelines, they need Congress to approve it.
6) Learn by Doing, Exercise 1 for Real Estate Investors – How to Buy – This is directed towards investors, but really there are lessons here for everyone reading this.
7) How Do Search Engines Find My Real Estate Website – New real estate blogger? If so read this, just because you have a site does not mean anyone will find it.
8) 10 Home Features Buyers Want – What do buyers want it a house? The only one of these I do not really hear on a regular basis is number 8, the rest of the list I think is dead on.
9) The BEST way to share content on Facebook – Wondering how the best way to share an Internet article or video on Facebook? Here you go.
10) “Life of a Realtor” Video – This one is for pure entertainment purposes.