Top 10 real estate posts of the day for 3/24/2010

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

1) Think You’re the Online Marketing Master – Think Again! Check Out These 5 Points and See How You Measure Up – From developing a niche to managing your time, some good information to stay on track.

2) The Real Estate For Sale Sign of The Future – QRC is becoming more and more popular. You may not know what a QRC is, but I am pretty sure you have seen one.

3) Paying a social media penance – If you follow my stuff at all you know the mad respect I have for Marc Davidson. This is an interesting move. I myself unfollowed about 1000 people earlier this year, but will not be following him to this extreme.

4) Existing Home Sales Dip a Bit Nationally in February – It is good to know what is going on with the market nationally because your clients will hear it on the news. But remember, it is more important to know what is going on locally as all real estate is local.

5) 5 Minute Perfect Follow Up and the Secret to Lead Conversion – The numbers are staggering, how quick are you getting in touch with your potential clients? This is why you answer the phone when you can!

6) OC Register talks to Stefan Swanepoel on the market and agents – This is a great Blog Talk Radio segment, put it on in the background while you work.

7) Option Arms – the Big Bang That Didn’t Come (Yet) – There are still a lot of negative amortization option arms out there.

8) Why I Use Foursquare. And Why You Should Too – I always used foursquare different than things like Facebook and Twitter. I was much more private on Foursquare. I read this yesterday and it happened to come through my RSS feed when Drew was sitting right across the table from me. After I was finished I had a short conversation with him about it and changed the way I used the application.

9) Who Can Get a Loan Modification? – Sarah takes a look at loan mods and points out if you remain current and are a good payer you have a better chance of getting a loan modification done.

10) REALTORS That Want to “Raise the Bar” (#RTB) Can Start by Getting Informed. – The NAR site has some good resources available for agents on the home buyer tax credit.

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Top 10 real estate posts of the day for 3/17/2010

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

1) HVCC and AMCs Violate RESPA?] Here’s a possible solution – Holding the banks more accountable, This is long fairly dry post, but worth the ready. The problem is it almost makes sense, so what chance does it have.

2) An RPR Q&A Overview from Leading RE – So what is this RPR thing everyone has been talking about for six months now. If you want to get caught up quick this is for you.

3) Want Smooth Sailing? The Short Sale Listing Agent and the BPO – If you list short sales read this… “So, if you are a lazy listing agent who has little interest in your deal closing successfully, that’s cool. Don’t go to meet the agent preparing the BPO. But, if you want to be a super successful short sale listing agent and see more closings than ever before, get out of bed and go meet the agent at the door!”  – I would take it one step further, meet them with photos on a thumbdrive and comps in hand. They are not making that much money, make their job easier.

4) Online real estate opportunity screams – are you listening? – Why is Marc comparing a house to a pair of sneakers? Read it and find out, then chances are most agents will be kicking themselves.

5) Trulia’s VP of Marketing Heather Fernandez on CNBC: The Search for a New Home – Could there be a trend where after the foreclosures are picked through in a market the market in that city just crashes?

6) Cash for Appliances Program – One of our jobs as real estate agents is to bring value added to our clients. Letting them know about programs like this is one way to do it.

7) Phoenix home buyers, are you being realistic? – A conversation I have with buyers on a daily basis. Yet for some reason few want to believe me until they loose the first 4 houses they make an offer on. Then they start to get it.

8) I Wasn’t Going To Buy This House Until I Saw The Realtor’s Headshot On The Sign – A little comedy for you on this St. Patrick’s Day. Enjoy, it is worth the read. (H/T Jim Duncan)

9) Adjustable Rate Mortgage Talk – Is your market strategy prepared for where your market is headed over the next few years? Which by the way may not be that different than it has been for the last six months.

10) Storytelling through Real Estate Video. Take two. – If you have looked around my blog at all here you know I am in love with video. This is just a “WOW” video when it comes to marketing a house.

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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 posts of the day for 2/19/2010

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.

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

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

1) Splash: the key to better real estate branding – Great advice on branding as always from Marc.  Don’t tell them you are the best, show them you are the best and they will come to the conclusion you want.

2) Brokers’ rights to control uses of their data and the RPR license agreement – The RPR-MLS-Broker discussion is quite interesting. If RPR cannot get all the data in the MLS their service will not be nearly as impressive as if they have all the data. If MLS’s do not provide the data brokers could do so. But again, this is only beneficial if all the major broker’s agree to it.

3) Using Local Forums To Generate Real Estate Leads – Most agents are always looking for new ideas, new marketing or farming techniques. Here is one that is easy and free to do.

4) Paragliding Must-See – Who doesn’t want to find a new way to market their home? Of course everyone does! Here is one that is sure to turn a few heads. Somehow I do not think we will be seeing it much.

5) Improvements nobody thinks of… – Looking for some low cost improvements, here are a few that will improve any house!

6) CUSTOMER SERVICE DOESN’T EQUAL ACCESSIBILITY – How many full-time agents take the advice in this post? I bet you not more than a handful. I know myself and most of the agents I am friends with do  not. But I think we should.

7) Who Says MLS Photos Aren’t Important? – WOW… you need to check this out. Want a nice video of your listing, but not good with video? I love this!

8) Buyer Sues Over Secondhand Smoke – And now for something completely different… This is so bizarre I had to Google it to make sure it was real before posting. How does this even make it to a court room?

9) Raising the Bar (#RTB) Starts Here for REALTORS – This all sounds wonderful, but when you have goals such as “Improve the competency and professionalism” or “Support and enhance the relationship between Realtors and consumers” what the heck does that really mean. All I see is language someone came up with with no meaning, but to maybe justify their job position?

10) The www.CondoGo.com iPhone App with Mortgage Calculator is Now Available for FREE on iTunes – Talk about big time! @IanWatt has been one of the leaders in real estate technology. He now even has his own iPhone app.

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Top 10 real estate posts of the day for 2/3/2010

1) A six year history of the RE.net – For those of us who were not blogging Realtor’s six years ago, but are active now may find as entertaining as I did. Then there is the abridged version.

2) Getting Serious about Lead Management – Let’s admit it, this is most of ours biggest weakness. I know this because many of the agents I talk to admit it to me.

3) Is Laser-Focused Prospecting Really Necessary? – Jennifer Allan is one of my favorites from my early days in real estate and the agentsonline.net crew. Her advice is always good for those who hate the pushy-salesmany approach many take.

4) Treasury Updates HAMP Guidelines, Might the Program Work Now? – So HAMP was a failure, and these new guidelines should streamline the failure in the future to must make it quicker. When can we stop with all this feel-good bs and get down to something that would really work to fix the housing crisis.

5) Apple’s iPad means big changes ahead for real estate – The potential here is mind-blowing. Imagine if they released this with camera and on any network and able to run on either 3G or wi-fi like the iPhone does. Tell me this would not be the hottest selling gadget maybe ever. I know I would be in line for one. But for now I wait.

6) Part-Time Realtor: Full-Time Problem – Does it bother you that only 27% of agents are full-time? I recently heard that 7% of agents did something like 93% of all the transactions in the last year which means most of those part-time agents are not doing anything anyways so it does not bother me to much. Almost every career has people that do it part-time, real estate will never be any different.

7) Brokerages Slow to Adopt Digital Marketing – I find this much more troubling than number 6 on the list. 90ish% of all home buyers start online and only 40% of a brokerages budget spent in digital marketing? Where the heck are they spending their money and I want a refund!

8) Hitwise Search Term Analysis for the Real Estate Category (For Rent Queries Overtake For Sale Queries) – Great news if you are an agent who likes to target renters.

9) The Right Length to Lock-in: Short term vs. long term mortgage rates – So if you like high-risk high-reward in your finances short term… else long term.

10) Growing Pains for the National Association of Realtors – Is NAR responsive enough to change?

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Top 10 real estate posts of the day for 1/6/2009

1) What’s Wrong with the New Good Faith Estimate? – The government once again trying to “protect consumers” has made things a lot worse. Rhonda lays it out here.

2) Homeowner Benefits of Real Estate Short Sales – Kristal continues her short sales series on taking a look at the benefits of sellers doing short sales.

3) Luxury Real Estate Marketing: Find an Underserved Market Space – Good advice for anyone who is still trying to discover what they want for their niche market.

4) Strategic defaults scenario – “Everyone is doing it” – I had a call on just this subject yesterday. For some people it just makes to much sense not to do it.

5) Negative Amortization to the Rescue- Fred Glick on CNBC – This is a great discussion on what to do about healing the housing system as soon as possible.

6) Make Over $150K a Year? Excellent! Here’s a Strategy For You – Looking for real estate investment advice, there are few that give it better than Jeff Brown. Never  light read.

7) Seller Subsidy or Seller Paid Closing Costs: Friend or Foe? – Good post on is it offensive to ask for seller to help pay some closing costs?

8) Fannie and Freddie Get Unlimited Financial Backing – What is one more bailout?

9) Winds on the Horizon: Why Mobile Will Matter – I don’t think there is a real estate blog out there right now that makes you think more than 100watt blog. Here is their latest post which talks about the future, which is really the present.

10) Google Real Estate Search – New Trend Away from MLS Based IDX – Now things will start getting real interesting.

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Top 10 real estate posts of the day for 12/9/2009

1) Congress Screams Bloody Murder About HAMP Program – Lani to answer your question it is ironic not noble. I just did a quick search and couldn’t find it, wish I could find the video of him leading the effort to make home ownership “more affordable to more Americans.”

2) Roost.com Expands Into Eleven New Metro Regions – Here they grow again. Roost is quickly becoming one of the leaders in home search and IDX solutions.

3) JPMorgan: 200,000 HAMP Mods Offered, Only 2% Permanent – For those of you so psyched about the new short sale program recommendations I hope you are paying attention. I predict the success rate of those will be somewhere around the same as this joke of a program.

4) Mortgage Myth Busted : Mortgage Rates Don’t Take The Elevator Up And The Stairs Down (At Least Now, Anyway) – Strange how some myths sound great, but when analyzed with data just do not hold up.

5) Career Loyalty and Longevity, Do You Have What it Takes? – Congrats to Lesley Lambert, 20 years as a Realtor. Lesley shares why she has lasted so long.

6) Would you like my 2010 Calendar? – Are you an agent that likes to do calendars? Well here is a different take on it, using local pictures of the community that you take.

7) Trulia’s December Price Reduction Report – Home Price Reduction Levels Drop to 2009 Low – According to Trulia’s data 22% of U.S. homes on the market as of 12/1/2009 have had at least one price reduction, which is the lowest number since April 2009.

8) Real Estate Brokerage Websites – I Don’t Think We Are In Kansas Anymore – One broker looks at why blogging is such an important part of a web strategy for any broker.

9) Modifications are Failing…. (More on the Acronym Soup) – More reasons why the loan modifications are failing. I should consider doing a post on this too. I have been in the homes of people trying to help them get loan modifications to become permanent and some of the stories I have are amazing. I had one who had been working on it for two months, had sent in all the paperwork back in September and then late November they were told they had to start all over again at the beginning with another department because the bank had changed the way they handled process. Not that the lender would transfer the paperwork to the new department, they had to start all over again at square one. Redonkulous.

10) [Altos Research/Real IQ] November 2009: Listing Prices Down In 25 of 26 markets – Real time market stat updates on your site? I have been holding off jumping onto the Altos bandwagon. This may get me to jump.

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Top 10 real estate posts of the day for 12/4/2009

1) 2010 Big Broker Market Domination Action Plan – The pie in the sky scenario, something to strive for, but guessing no one will do.

2) Home sellers: Top 5 home improvement projects based on cost & return on investment – Interesting, I have a hard time buying some of these ROI numbers because I think they really would be hard to measure and results would vary so greatly, but still interesting.

3) Changes Coming to a HUD-1 Settlement Statement Near You – Everyone brushing up on the new HUD-1 statements? You should be.

4) Big Changes Coming for FHA Loans – If you want my opinion I say good, these all sound like good changes. Remember it is our money that is backing these loans, we should make sure the FHA is not the next Country Wide or Indymac.

5) foursquare, and the Mobilization of Social Media – So you have heard of Foursquare and not sure what all the fuss is about? Carpenter has a good rundown here. It’s fun, and if you live in the Tempe/Phoenix area hit me up on there.

6) New To Real Estate Blogging? 6 Simple Steps to Get You Started. – When it comes to real estate blogging you can always count on The Real Estate Tomato to give some good solid advice.

7) Quick Answer Series: What About Direct-Mail Marketing? – I don’t usually agree with everything Matt Jones says in his videos, but he always backs up his opinion very well and this is no different.

8) Psychologist Weighs In on Whether or Not People Want Privacy – This do we want privacy goes very well with the other AG article — Do We Have a Reasonable Right to Privacy Using Social Media?

9) Free Mobile Business Card: DUB Me Now – This is cool, and I am going to download it as soon as I post this, but its kind of hard to leave it behind on a counter when you show a house.

10) Running a Successful Real Estate Business Part Un: Kill Overhead – Interesting advice although may be designed more for larger agents or even brokerages.

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Top real estate posts of the day for 11/16/2009

1) Realtor Property Resource (RPR) & you – A call to action – It’s been a fun week in the real estate community thanks to RPR, this won’t be the last day it dominates the top posts. Here is a video from Greg Cooper asking for input.

2) In which I announce the death of RPR – Rob Hahn has been in the forefront of the RPR discussion for the past week and has been a must read. Here he talks about how RPR may never likely get off the ground if the MLS companies do not play ball.

3) Liveblogging Dale Ross and Marty Frame presenting RPR to the MLS Executive Session – Not able to attend NAR and get the blow-by-blow, Rob took care of it for you.

4) Home energy audit finds holes in home – Want to save money? Find out where your home is being inefficient.

5) 33 quality touches for real estate agents – Ever read Gary Keller’s book “The Millionaire Real Estate Agent” and think touching someone 33 times in a year may be overkill? Here is a way to do it with today’s modern technology.

6) Middle-market is next home segment to improve – Does the start of the new $6500 tax credit for move up buyers mean the mid-priced homes are the next to start to rebound?

7) 2009 National Association of Realtors profile of home buyers and sellers just released – Everything you always wanted to know about buyers and sellers in 2009, including 90% now start their home buying search online.

8 ) Video gets real estate agents more listings: WellcomeMat report – Video is overtaking photos as the thing consumers want to see.

9) New tool to estimate closing costs when selling your home – Want to understand how much money you may need to bring to closing, this will give you a good estimate.

10) Jumbo loan modifications: The role of mortgage insurance – Justin McHood gives you a better understanding of Jumbo loans and mortgage insurance.

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