America's Largest Social Network for Default Real Estate Professionals
The Wisconsin housing statistics are in for the month of February, 2015. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
The Wisconsin housing market showed…
Added by Michael Collins, CDPE, SFR on March 25, 2015 at 8:17am — No Comments
Moving out of a huge house and into a property that is considerably smaller is taking off in the U.S. (as well as in many other countries) in an ever-increasing way. So why do people do it? The average floor space of the typical American home is approximately 2600 square feet, but compare that to a tiny house where the floor space can measure just 100 square feet and no…Continue
Added by Pam Maglione on March 20, 2015 at 9:43am — No Comments
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
Franklin D. Roosevelt
Franklin D. Roosevelt was able to sum together the entire thought process of real estate investors and agents in a single sentence. Real estate business is back on its track after the last…Continue
Added by Dmitriy Fomichenko on March 20, 2015 at 9:00am — No Comments
Are you like us? Seeing a decline in social media engagement over the last year?
I have heard many say "why is my social media traffic slowing down, specifically Facebook?" and I have noticed the same with my pages, that I have built slowly but surely over the last 5 years.
So on one hand, I'm relieved that it's not just me, that there are…Continue
Added by Pam Maglione on March 13, 2015 at 10:41am — No Comments
By working probates, agents can get ahead of the ball, not behind it or on top of it. With a shrinking distressed property market, many agents are feeling the crunch of fewer selling opportunities. A staggering amount of properties will pass through probates - literally trillions of…Continue
Added by James Rutkowski on March 13, 2015 at 8:33am — No Comments
What is the Purpose of an Appraisal?
A mortgage has many specific pieces involved in it. Obviously there is the money supplied by the lender to pay the seller for their asking price. There…Continue
Added by Michael Collins, CDPE, SFR on March 11, 2015 at 10:07am — No Comments
I received a call a few weeks ago from an agent in Tampa (I'm in Jacksonville) requesting that I list an REO for him and he would pay the referral fee. He then asked me to do a BPO and send my vendor out to rekey the property which was done and he would pay once I sent all the docs and invoices.
I'm sure you know the rest of the story. He's never paid or listed the property in my MLS. Now he won't even answer phone calls. I have had to pay my vendor so of course I got the lockbox back…Continue
One key component to becoming a successful real estate agent is to start getting better reviews and more of them. How does a realtor get the reviews they so richly deserve? To convert a potential client to sign on the dotted line, often the defining factor is whether the agent must be well liked or well reviewed.
Most of the time the job of the potential client…Continue
Sellers, there are more expenses to selling your home than commissions if you're not ready to sell. One of worst things a seller can do is overprice his/her home when it first comes on the market. A small overage is one thing, but when that overage hits 10, 15, 20, 30% and beyond, it's like burning dollars in your furnace to stay warm.
What are the unrealized expenses of overpricing a home? I only say unrealized because it seems that sellers are the last ones to…Continue