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February 2015 Blog Posts (7)

Wisconsin January 2015 Housing Statistics

January Home Sales Fall as Prices Continue to Rise

The Wisconsin housing statistics are in for this January of 2015. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

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Existing home sales fell in January but median prices rose at a healthy…

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Added by Michael Collins, CDPE, SFR on February 26, 2015 at 10:17am — No Comments

BPOs .. have BPOs become a race to the bottom ..

Once one business cuts its cost to win the contract for nationwide coverage of BPOs and then reduce the price paid to Real Estate agents, we (as Independent Contractors) suffer from the reduced fee structure.  Surely other firms will quickly pick up on the idea and say hey why pay more when we can get them for less. Then the pricing wars begin and from there its a "Downward Spiral" very…

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Added by Ronald D Bourgeois on February 24, 2015 at 5:13am — 13 Comments

Working Probate Is Like Social Work

It should go without saying that dealing with probated properties demands a level of sensitivity, beyond the rigors of a traditional sale. 

The executor is not merely feeling the loss of a loved one, but there are other dynamics going on. From my experience, the…

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Added by James Rutkowski on February 18, 2015 at 6:29am — 1 Comment

Phone Script When Calling Executors Tasked With Selling Probate Property

When marketing to probates, the "go to" person you want to contact is the executor, also known as the Personal Representative, among other terms. This is the person that has been given the authority by the Court to wind down the early affairs of the deceased, and is tasked…

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Added by James Rutkowski on February 10, 2015 at 12:11pm — No Comments

Marketing To Probate Properties

First, a little background is in order.

With an aging boomer population, there will be trillions of dollars transfer from one generation to the next in the coming years and these probate properties are unlisted, unpublished…

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Added by James Rutkowski on February 10, 2015 at 11:27am — 3 Comments

Auto Accept is killing the industry

It is rapidly becoming apparent that the auto accept industry is killing the REO business forcing companies to do everything possible to combat them. The latest announcement by RReview that they will be moving away from broadcast orders says it all. I cant understand why agents feel they need to take every single order the only real winners are small BPO companies that love the way there orders are taken quickly ( at low fees to most of the time)

Added by Rob Lewis on February 10, 2015 at 7:53am — 18 Comments

Finding the Elusive Starter Home

Finding that Elusive Starter Home

The past few years have brought several changes in the real estate industry. The housing bust of 2006-08 led many people to either sell or walk away from their home. As the market is continuing to rebound, many investors have scooped up homes at affordable prices and are offering them as rental properties. In addition, other…

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Added by Michael Collins, CDPE, SFR on February 4, 2015 at 10:38am — No Comments

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