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Shadow Inventory

1) Success Simplified – The FIX or Fire It Method – Not sure which part is my favorite, the great advice to real estate agents in the bottom half of this post or the fire your bank image at the top.

2) The Internet is Broken – This is the best response to social media does not work for real estate agents I have ever seen.

3) What kind of exposure should you expect for your listing? – Advice for home sellers, almost every agent will tell you your property is going to appear on the Internet, but how above and beyond does your agent go?

4) Sharing ideas in Real Estate – This is a subject we were recently discussing around here. Doesn’t it seem that the RE.net agents are always sharing ideas and talking to each other about what they are doing, while many other agents like to think of everyone as competition and not share?

5) Predatory Short Sale Negotiators – Sounds like someone needs to loose their license. Buyers and sellers of short sales need to be aware of this. It is one thing for an agent to charge a small fee for staff, it is another thing to completely gouge.

6) Should Realtors Get “Awards”? – I am an agent who believes almost all of those e-Pro, CDPE, Million Dollar Producer designations are a waste of time, space and money. There are very few that. I agree with the offer, but I would take it one or two steps further in my dislike for designations and rewards. What would I do different? Instead of having agents pay for the designations, why not teach them what they need to know in school BEFORE we give them a license.

7) Listings: How Photos Can Make or Break Your Sale! – I talk about the importance of good pictures often, in this video Josh does a great job explaining to agents and home sellers why pictures are vital.

8) Where Have All The Houses Gone? Can we Fix the Growing Shadow Inventory Problem? – I like this post because I see every day how fast the foreclosure properties are going in the Tempe and Phoenix area. I believe the market could handle most of the influx in homes the banks are hiding on their books. Let’s just rip that band-aide off quick.

9) I Have Some Bad News – Elizabeth is one of the best writers you are not reading. She brings you places in her blog that only full-time agents in the field all the time can relate to and does it often with comedy.

10) What is an Absorption Rate? – Basic real estate 101, what is absorption rate and how does it effect your home buying and selling?

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1) Dear loan underwriters – Please stop asking for pointless time wasting minutiae – It seems with every deal underwriters come up with something new to ask for, almost like it is a contest. Here Jay gives some examples. 

2) Zillow COO discusses next wave of foreclosures on Fox Business – Interesting video interview on the “shadow” inventory with Zillow COO Spencer Rascoff.

3) What is my home worth? Beats me – Appraisals are completely unpredictable in the housing industry right now.

4) FHA broker approval delegated to approved DE Lenders: Will this squeeze out smaller players? – Will new FHA guidelines kill the small lender? It’s not the first time we have heard this in the last few months.

5) Measuring influence on Twitter: Who “cares?” – Marc Davidson does a great interview with Klout to determine what exactly Twitter influence is.

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1) CNBC sheds some light on the “Shadow Inventory” – Interesting conversation with a Bank of America employee on the ‘Shadow Inventory’

2) Bank of America retard division for short sales – This post by Russell Shaw is put out there like only Shaw could do. It is a great read, one in which Bank of America heads should take the 5 minutes it takes to read it.

3) Multiple offers and “winning” the bidding war – Heather Barr has a good post here on what happens when you get into bidding wars in today’s market as a financing buyer.

4) Top 10 first time home buyer mistakes – These posts seem to come up often, but always worth a read for any first time buyers out there.

5) Bing – The early bird gets the worm – For those of you who may want to consider trying to optimize your site for Bing search engine, this is a good post.

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