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Pricing

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.

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1) Low Appraisals Mean Even Lower Hopes for Sellers – Bad news for sellers is great news for buyers!

2) Gaining control of your schedule just got easier with TimeDriver – Teri I love this!! Thank you so much for sharing. If you are busy and know you could use your time better check this out. After just looking at it for 5 minutes I think there is potential here to be tapped.

3) Be the catalyst for community in your business – online and offline in 2010 – Every time I hear someone tell an agent they can run their whole business through things like social media I laugh. There may be a couple agents in the country who have that juice, but I am sure I can count them on one hand. That is why I like posts like that that mix new technology with traditional face to face ideas.

4) Top 20 Real Estate Websites in the United States – So we know buyers are starting online, but where are they finding their homes? Zillow drops behind Yahoo, Redfin on the rise.

5) Selling your Home? CLEAN MATTERS – Clean matters, but only if you are looking to get top dollar.

6) Character-Driven Agents #RTB – This theme of RTB (Raising The Bar) for agents is taking off. We can start out with education, the education I got when I first got my license was not as good as it should have been.

7) Another Niche To Consider Marketing To – Mothers – Who is looking for a new niche idea? I’m betting Jonathan Dalton jumps on this one first.

8) FHA Changes: It Could Have Been Worse? – Any other agents joining me on the it should have been worse band wagon?

9) They are Smarter than you, Better than you and they Know More than you – Lenders and real estate agents, we always seem to want to kill each other, yet we cannot do our jobs without one another.

10) The Old Real Estate Bait and Switch – Writer Debut – Sure I will list your home for double what it was worth, I just want the sign calls. Unfortunately there is nothing we can do about these agents.

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1) FHA Rulebook Changes : Higher Fees, Bigger Downpayments, And More Mortgage Insurance – New FHA rules continue to be the talk of the industry.

2) Are You the Worst Type of Client a Realtor Can Have? – Dave discusses some of the challenges agents face working with clients.

3) How not to price a home – One of my favorite topics, how not to price a home. Just because you want a certain amount does not make the house worth that. I like this topic so much I did a video of it myself yesterday on how to price a short sale.

4) Rob Hahn vs Tom Ferry on Using Social Media – Loved watching this, both social media gurus talk about the good and bad of social media for real estate agents.

5) 3 Things You Should Know About Buying a Short Sale in the Charlottesville Area – Some things buyers should be aware of before buying a short sale. I would also add in there trust your agent if they talk to the sellers agent and believe this is the selling agent’s first time doing a short sale, it may be a good idea to keep looking.

6) Is There Any Way to Reduce Closing Costs – Buyers look to you to help with advice. The only little problem with this post is the new GFE does not have total closing costs on it.

7) Life after Foreclosure or Short Sale – Many agents are helping people facing foreclosure or a short sale, but one thing you do not see addressed much, what next for the home owner?

8) Why Blogging Is Important For Real Estate Agents – If you are an agent reading this you are probably already blogging. If not, you should be and here are some good reasons why.

9) Luxury Real Estate Branding: A Headshot Is Not A Brand! – Personal branding should be something that stands out and catches their attention and something they can remember.

10) Short Sale: Credit Score – Yes a short sale is going to effect your credit score, but most of that damage comes from your late payments.

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Video 82: Have a short sale in Tempe or anywhere in the area and wondering the best pricing technique? Think maybe just lowball and get an offer in? Think maybe overprice it a lot to make it so bank is going to lose less? Here is my strategy for pricing short sales. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.

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Top 10 real estate posts of the day for 1/18/2009

January 18, 2010 Top Posts

1) Will the Nationwide Mortgage Licensing System Impact How Consumers Select a Mortgage Originator? – New system could give advantage to some lenders, but only if the public uses it.
2) New FHA anti-flip rules could help real estate market, but has catches – The big news this weekend was the change in the 90 day [...]

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Agents always tell you the number one tip to selling is to price right, but do they explain the real reason why pricing is so important?

December 17, 2009 Video

Video 62: Tempe AZ houses are selling for between 95% and 100% of list price right now. We always tell you to price your home right the first time, but why is it really important. Dean Ouellette explains in this video. Would love to hear your thoughts, you can leave a comment or e-mail me [...]

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A 50% return on your real estate investment when the market has dropped 50%?

October 23, 2009 Video

Video 27: So you purchased a new house or condo in Tempe in 2006 at the height of the market, and now you want to sell it and make a 50% return when the market has dropped 50%? Are you crazy? If you want to discuss this or the Tempe real estate market you can [...]

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Top 5 real estate posts of the day for 10/9/2009

October 9, 2009 Top Posts

1) Free consulting to Move, Inc – Should we pay more NAR services? Before you say no read the article, it is interesting, and the comments below are somewhat surprising.
2) Waste your money in the classifieds? – Taking a look at how good or bad of an investment classified ads are.
3) I can [...]

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Top 5 real estate posts of the day – Friday 6/12/2009

June 12, 2009 Top Posts

Top 5 real estate posts of the day 6/12/2009

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Top 5 real estate posts of the day Monday 6/1/2009

June 1, 2009 Top Posts

Top 5 real estate post of the day 6/1/2009

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