Top 10 real estate posts of the day for 3/12/2010

Here is today’s list of top real estate posts of the day.

1) Three Geniuses Walk Into a Bar… – Three respected individuals in the industry answering a series of questions in 10 words or less (sometimes).

2) FHA Flips for Flipped Homes (Some Restrictions Apply) – The FHA 90-day no flip rule was suspended for a year in February. There are restrictions though.

3) 5 Secrets To Success When Getting a Mortgage – Here are five things that seem so obvious to us for people who are in the process of buying a house. Then thinking about the last year I think I had someone who broke all five of these rules.

4) 1,000,000 Real Estate Agents Have Got IT All Wrong – Very interesting take on agents and how they do and should be using the internet and their website.

5) In Just 50 Days Your Home Will be Worth $8000 Less! – Going into last November I would have agreed with there, there were a flood of people looking to take advantage of the first-time home buyer tax credit. I just do not see the same wave of people this time.

6) Realtors Top Marketing Preferences – My favorite part of this may be how little agents think of Youtube. There were some surprising answers, but the one thing I agree with, referrals are still the king.

7) Paying More Than Asking Price For Your Home – In today’s market sometimes you are going to need to go over asking price to get what you want. That doesn’t mean you are overpaying.

8) Reclaiming my “rookie” enthusiasm…. – This is a great post that showed up in my RSS reader yesterday. I didn’t realize at the time it was a year old, but it is still worth posting as a top post of the day.

9) Impacting Home Values Is the Real Estate Industry Heroes or Villains? (Video Blog) – As agents we impact the value of the home through pricing and how we market the home. We also effect the future value of other homes in the area.

10) Treating Buyers the way Greg Swann treats sellers…and Cheryl Johnson treats agents in her office. – This is a very interesting tool that any brokerage could use that would save both time and money for the agents and their buyer clients.

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Top 10 real estate post of the day for 3/1/2010

Here is today’s list of top real estate posts of the day.

1) Ten Questions to Ask Yourself Every Month – Did you join me in making a great business plan last November for 2010, and have not looked at it since January 5th? If so this method may be a better way to keep on schedule.

2) On Admin Fees and “Commission”Kristin LaVanway and I were just talking about this a few days ago. We came to the same conclusion that brokers should not be charging an administration fee on top of commission. But interestingly Jonathan finds a court case which may make it illegal to do so.

3) Indexing on Top of Google…the Easy Way! – Want to be on the top of Google? The local business center may be the answer.

4) What happens after the tax credits? – Check out the results of the unscientific poll here. According to the poll results the sky is falling.

5) MOVE puts on the white hat. – Ok Greg you peaked my interest for sure. Anyone know of any online demos for this? I would love to see it and write about it if you do.

6) “Walking away” is the new divorce –I love the metaphor, walking away from a loan used to be taboo, much like divorce. But times change.

7) Existing Home Sales – Down Or Up? – Matt does a good job at taking a set of numbers and showing how it could be bad news or good news depending on which way you wanted to look at it.

8) Homeowner Estimates as Good as Zillow? Appraisal Academics Think So – Zillow estimates are horrible if you are trying to figure out how much a to list a house for, but Zillow even admits they are not perfect and they are intended to be a rough estimate of a value in an area.

9) Have a Question About Your Home or Zestimate? Check Out Zillow FAQs – Zillow comes right back and defends themselves with this post and again stresses they are only a starting point. But I have yet to talk to a home owner or buyer who understands that.

10) A Real Estate And Mortgage Technology Conference You’ll Want To Attend – They have a world class speaking group in Atlanta this year. If anyone wants to chip in some airfare I will gladly wear their t-shirt the whole time I am there ;-)

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Top 10 real estate posts of the day for 2/25/2010

Here is today’s list of top real estate posts of the day.

1) Are Realtors Afraid of CondoGo.com ? The Young Ones Aren’t – Have you been following the spat between Ian Watt and the agent in his office who sent an email complaining about the way Watt is doing business? Some people just don’t like change.

2) Marketing Idea: Rear Window Signage – All right, I would probably never use this, but GPS enabled marketing on your car? That is a cool idea.

3) By The Way…. This Is A Normal Market… – Having a hard time missing the good ole days? Get over it, today’s market is what it is and you need to either adapt or move on. Some great advice on here on how to adapt and survive.

4) Spring 2010 FHA Changes : Higher Fees, Bigger Downpayments, And More Mortgage Insurance – FHA loans are not going the be the bargain in 2010 that they were in 2009.

5) Real Estate Investors – Don’t Be Seduced By Rickety Cash Flow – Good article for investors who are obsessed only with cash flow.

6) 10 Ideas to Save Money and Make Your Tampa Home Greener – A year ago when showing houses I almost never heard anyone talk about things they can do around their house to make it more green. Now, I probably hear it at least a few times a month. Here are some tips.

7) Investors: Should You Get Your Real Estate License? – I have worked with a couple of real investors over the last year and I am amazed that they do not have their license. It would seem much easier for them to be able to set up their own MLS searches and view houses than to use an agent.

8) Taxpayers Seeking Homebuyer Tax Credits, Refunds Must File Paper – It is that time of year, people are doing their taxes. If you are claiming the first-time home buyer tax credit you will be filing on paper this year, not electronically.

9) Forbes’ Top Ten Best Housing Markets Across America – This year’s Forbes list of top housing markets is great news if you like the cold.

10)  9 Items to Help you in Your Personal and Professional Growth – This article is a very good one productivity and getting things done.

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Top 10 real estate posts of the day for 2/22/2010

1) Stated Income Loans: The Unexpected Victims – With stated income loans virtually disappearing, the victims are those who it was initially intended to help.

2) Fair Housing’s One Thing, Common Sense a Close Second – Jonathan makes a good point. We are not allowed to say if we would live in a neighborhood or not, but even if we could, that does not make it a good or bad neighborhood because everyone has different personal taste.

3) The New Normal for Luxury Real Estate Buyers – While the number of luxury homes selling may be down, they are still moving. This post takes a look at how they are buying homes these days. I personally am finding in the luxury home market cash is involved more often than not lately.

4) Required VS Voluntary Sign Ups – Do you require people to sign up on your IDX to view homes? I personally was a believer of allowing free search, after all my Mom told me I needed to keep it open. Then I went to requiring registration. My only question is why didn’t I do it earlier.

5) Smile! You’re Showing Skills Are On Candid Camera. – Interesting discussion, now about video taping the home while being shown. I agree that agent feedback is next to worthless, this would provide much better feedback and give the seller a greater sense of security.

6) Finding a Home Online: The Do’s and Don’ts of Online Real Estate – Some good advice of what to do and what not to do when looking for houses online.

7) Learn to Communicate with Your Clients! – Agents, how do your clients want to hear from you? Do they want email, calls, text, DM’s? Find out what they are doing and make them feel comfortable.

8) Obama Announces $1.5 Billion in Housing Aid – Oh Really? – If throwing $75 billion at a problem does not fix it you can always be creative and try something different, like throwing another $1.5billion at it :-/

9) Can I get proof of a competing offer? – If you are asked to raise your price because there is a higher offer can you get a copy of that offer as proof? Generally not? BUT I have seen it happen where I use an escalator clause and if the escalation is needed then the seller needs to show me proof with page one of the contract that an escalation was needed.

10) Here Comes the Corner – Are You Going To Be Ready? – This brings up some interesting questions, will the housing stimulus programs be extended when later this year. If you would have asked me last fall I would have said no way. Now I am not so sure. After all, remember, it is an election year.

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Top 10 real estate posts of the day for 2/15/2010

Here is today’s list of top real estate posts of the day.

1) Contract Law: California Court rules on non-refundable deposits – I find this a fascinating read. When I first read it I was blown away, how could a judge just nullify a section of a contract where both parties had agreed to. I left a comment saying so, and the lawyer in the case actually responded to clarify why. I am no lawyer, I am not going to pretend to be one, but this is very interesting none the less.

2) Let’s Take a Big Giant Step BACKWARDS in Real Estate – Jay actually had a post that was in the running for the top 10 from this weekend, they on Sunday night he wrote another one, and it knocked the first one off. If you represent a buyer, and there is a bonus for the buyers agent, should you have to disclose that to your buyer?

3) Filing Requirements for First Time Homebuyer Tax Credit – It is tax season, do you qualify for the first-time home buyer tax credit?

4) Real Estate – Price vs Cost – Good advice that I would bet most buyers and agents do not discuss. There is the price of the house, but what is the cost of the house? How much is that house going to cost you each month/year.

5) Are Principal Reductions the Answer? – YES, the only answer!! And HEFI addresses the question.

6) Credit: Don’t Let it Kill Your Home Ownership Dream! – I like the look he takes here at debt and credit in today’s society. My favorite part though? I am a big believer here… “When surveyed, 75% of the Forbes 400 said the best way to build wealth is to become and stay debt-free.”

7) AG Poll Results – Where You Spend Your Work Day? – Interesting poll, results I probably would have predicted… but they don’t know about the next big thing in real estate work spaces.

8) Buying REO? Keep An Eye On Foreclosures Per Capita. – Distressed homes are 1/3 of all sales? That is going to vary greatly, I know in AZ it is 50%.

9) Questions To Ask A Listing Agent Of A Short Sale – Here are some questions to ask a listing agent on a short sale, I also want them to explain their process to me.

10) Will This Housing Market Mess Get Fixed? – Does more government involvement help or hurt the housing recovery?

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Top 10 real estate posts of the day for 12/24/2009

1) Does tax credit help or hurt home sales? – Only with the main stream media can something be good one day, then literally the next day be bad.

2) Season’s Readings – 10 jolts from 2009 to jump start your 2010 – I could have been lazy and just used this as my top 10.

3)  What Did You Do in 2009 That Made A Huge Difference? – What did you do this year, if looking for ideas for next year you can follow these ideas.

4) New vs Old Good Faith Estimate Continued… – There series on the new GFE’s is continued here, one week to launch.

5) It’s a Wrap…the New vs Old Good Faith Estimate – And the series is finished here. There will be a test when we return from break.

6) Current Political Climate Prompts Regulatory Reform in the Mortgage Industry – The lending industry is going to be a lot more interesting to watch than the real estate industry in 2010. If some of these changes are made it is going to end up being all big banks making loans and no competition.

7) Bring The Blog Video Tour | Mortgage And Real Estate Blog Content For Busy Professionals – When I first heard about this I thought it was a joke, but not so sure anymore.

8) Generating Leads in the Online World – Want to generate leads, get people reading your stuff? Add value and make it entertaining.

9) Would You Hire a Friend to Sell Your House? – This is always an interesting conversation, but honestly who is not going to hire their friend?

10) My car is not a real estate office. In 2010, my car is going to become a wi-fi-enabled mobile real property exchange and conference room. – Mobile is the best way to operate a real estate business today.

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Top 10 real estate posts of the day for 12/10/2009

1) Always Read All of the Fine Print – It goes for mortgages and contracts. Make sure you know what you are signing.

2) 9 Things To Watch While Waiting For Mortgage Rates To Dip A Bit More – Great analysis over the last 13 months and what to watch for in interest rates.

3) The 2010 George Orwell Remix – Do you geo or don’t you geo? – Uncomfortable with geo? Well better get over it because it is the next big thing on line. Geo will be as popular and important to Google in two years as social media is becoming now.

4) You’re Going To Sell Your House. How Do You Choose A Broker? – Make sure you are hiring a qualified agent to see your house.

5) Home Buyers Tax Credit Video Summary – It’s been covered in depth, but this is a good video that explains the tax credit for homebuyers.

6) The Brutal Honesty Approach – Lesson learned? If you truly care about the person and their situation, not just the sale, you are much more likely to get it.

7) Introducing the 2nd Edition of Virtual Real Estate BarCamp: January 4th From 9am – 4pm PST – Miss Virtual REBarCamp? So did I.  But the second edition is right around the corner.

8) 2010 Game Plan – Where is your business coming from in 2010?

9) Munching On the Numbers – Wednesday – a look at the markets and economy from an investors view point.

10) Mortgage Applications Are Up This Week, Do You Know Why? – Mortgage requests were the highest last week in the last two months. Much of that was refinancing.

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Top real estate posts of the day for 11/11/2009

1) Real estate tip – Increase your price! Shhh – It’s a secret! – Is your house not being found by the online shoppers you may want? Could be because you need to raise your price $1 or $100. With today’s Internet shoppers this is great advice.

2) Capturing the hallway conversations at NAR – Interesting idea to follow this week. Will be a neat opportunity for us who may have the flu and won’t be able to make it without infecting others.

3) Planning business habits – Your next 90 days – It takes 28 days to form a habit and 60 days to see the results, what are you going to do that is habit forming to get those results in 90 days?

4) NAR National property data soup will not be shared with public – There still seem to be so many questions on the NPR. Should be a fun weekend in San Diego.

5) How much do real estate agents make? – I know you wanted to keep it in the closet and not let the general public know about the millions we agents make, but Jay lets it out of the bag.

6) The real estate paper storm and the IRS Form 4506-T – We have gone from one extreme to the other with loans, now you need to disclose everything and give lenders access to your tax records.

7) Reach out, connect, be careful and other worthless advice – Some really good advice on finishing the year strong and keeping it rolling.

8 ) Dave Ramsey tells you whether he’d use a real estate agent or not – Dave Ramsey, who is famous for doing everything he can to save a buck talks about how one thing he would not do is put something up as for sale by owner. If you are a seller, this is worth a listen.

9) A question: LPS, Marketing and RPR – Rob is starting a series of posts that ask questions about the RPR service.

10) Writer debut: NAR should require fraud prevention education – There is a lot of fraud going on with the first-time home buyer tax credit, are Realtors responsible for some of it?

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Top real estate posts of the day for 11/6/2009

1) What do you think about social media? – When I first got involved a little over a year ago I saw social media as the way to take my business to the next level. Now I agree with Matt here, although I think it is still a great tool and one that will and is helping, I now no longer see it as the answer, but one of a few tools that helps me reach my goals.

2) 8 items homeowners need to get a loan approval in no time flat – Be ready when you go to get prequalified for a loan. Save yourself time and headaches.

3) Fannie Mae announces deed for lease program – Fannie Mae is going to be offering a program for home owners to give a deed in lieu of foreclosure, then lease the home back. Not sure I think this is the greatest idea of all time.

4) Gary Vaynerchuk live at Tom Ferry’s real estate training event – Gary is da man, if you don’t want to be motivated and learn to crush it, then move on.

5) Investors, tax credit and 90 day seasoning – Ardell is always informative and this is an issue that has a lot of confusion around it.

6) Lead response times – This one struck home, very interesting information.  How long does it take you to get back to a lead?

7) Get real with unrealistic sellers overpriced listings gibe buyers bargaining chip – Rhonda always tells it like it is. Great points you may not consider when taking a listing you know is overpriced.

8 ) 15 features of Google Wave | Step by step – I know a lot of us have been complaining about Wave on Twitter.. .so here is some good info to use.

9) There’s going to be a whole lot of rubber-necking going on… – Redfin continues to kill it with what they are doing online.

10) Here are a few of my favorite links on the tax credit extension
Jay Thompson on the extension
Steve Lines on the extension
Lenore Wilkas on the extension
Dean Ouellette on the extension
Greg Swann on the extension
Ted Mackel on the extension
AArdell DellaLoggia on the extension

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Top real estate posts of the day for 11/5/2009

1) First-time Homebuyers Tax Credit extension passes the Senate – So of the dozens of posts on this subject why did I pick this one to highlight, first he got the facts right that it has not passed yet, still needs approval by the House and the President’s signature, but also because he included the text of the actual bill!

2) Of Gettysburg, open houses and tax credits – Tying in history of Gettysburg, pricing houses to high and open houses the way only PapaGrande can do.

3) Loan modifications, 5 things the Government is not doing but should – It is an interesting ready, interesting as in it amazes me that some people still think a lot more government intervention is a good thing. Isn’t it a large part of government’s fault for forcing lenders to loosen the purse strings that we are in this mess? #3 and #4 may have some merit, but 1, 2 and 5? I think it was Mark Twain who said “Thank God I don’t get all the government I pay for.”

4) Real estate iPhone apps gaining traction – When are people going to wake up and realize there are more Blackberry devices out there than iPhones. Give us our apps too.

5) Commercial real estate outlook: Between a rock and a hard place – Could things really be worse in the commercial side than residential over the next 5 years?

6) Escrow trenches: Nutty funding conditions – Oh so glad to see someone talking about one of my pet-peeves, the bizarre funding condition coming up at the last minute these days.

7) Better Homes and Gardens takes real estate iPhone Apps beyond listings – See #4, but really, this app sounds really interesting and would love to see it in action, can’t wait for it to come to the Blackberry, if it ever does.

8 ) The great unknown in buying foreclosure properties – While it makes some good points, buying a foreclosure is not as risky as it sounds. You still get the home inspection even though it is “as-is” just make sure you get yourself an agent who has worked a lot of foreclosure deals this year to help guide you through the process.

9) Happy sandwich day (and some stuff about the escrow process) – Some of this stuff is California specific, but most of it will give you a good idea about the escrow process.

10) Ian Watt speaking at Tom Ferry’s Realtor even in San Diego – The man, the myth the legend.

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