This week’s blog watch digest

July 18, 2008

Blog watch takes us to a housing rumble, to some very cheap houses, a carnival and last, it seems there might be some issues at RSS Pieces this week. Always a few good reads…

Matt Carter writes on Inman about where you can find a good deal on a home as well as what websites you are likely to find misinformation like Trulia and Yahoo! Especially of interest, he points out how in Detroit, the commissions might actually be more than the house for sale. Check out Matt’s story here.

Another great one for us to follow this week is a “Housing Rumble” as Jay Thompson is calling it. Jay has been invited to battle it out at U.S. News and World Reports with Greg Healy, Vice President of www.forsalebyowner.com. This should be something great to watch and Jay, if we see him getting the upper hand - check your email inbox for some unsolicited tips. I’ll definitely be keeping my eye on this one. You can follow the story on Jay’s blog here and here is the U.S. News Post.

Over at the Zillow Blog, the Drew talks about the Carnival of Real Estate(CoRE) getting ready for its 100th event. Good going guys. Consistency and perserverance means alot. Check it out.

Finally, it seems Mary Mcknight has changed positions or is gone over at RSS Pieces. The comments on this post are a bit unflattering. Worth a quick read though if you are interested in their products.

Las Vegas REALTORS need our help.

June 24, 2008

Charles Richey, who is a friend and member of Team Eric, who won the Greatest Real Estate Agent in the World Contest in May has been diagnosed with Guillaume Barr disease, which affects his nervous system and is a leading cause of paralysis. He is currently undergoing treatment in the Intensive Care Unit at a Las Vegas Hospital. His wife is a REALTOR and will have a hard time with medical bills and life expenses with what is expected to be a LENGTHY recovery.

Charles is also a reporter here at RealEstateIndustryWatch.

If you can spare some money to help Charles and his family in their recovery, a post for the fund has been set up HERE.  If you can spare some links to his site at LVREALTY.net, that would be appreciated too. We want to support him during this time by getting some leads to Jaqui during this market where buyer leads are so important.

Charles are thoughts and prayers are with you for a speedy recovery and know that we are with you. Godspeed.

What do agents want from brokers?

June 22, 2008

For brokerages feeling the pinch of the market and looking to recruit, this is a MUST READ blog post.

According to an ongoing discussion over at AgentGenius , the list is long and varied, but some trends are developing in the comments section of the blog. Teresa Boardman listed several things that today’s producer would want and the list grew from there.

Upcoming POLL at REIW. Top THREE things your broker does not provide that you wish they did.

Mortgage Giant Countrywide Riddled with Problems

June 18, 2008

The proposed acquisition of Countrywide Financial by Bank of America continues to be riddled with problems.  From the investigation into politicians that were given loans because they were alleged friends with the CEO, to regulatory issues, Countrywide has a lot of issues that are potential concerns for investors and share holders in Bank of America.

Gas prices impact home buying

June 6, 2008

Jim Olenbush from Austin Texas comments on his blog about the impact of high gas prices on home buying decisions. This (I am sure) will be the first of many posts on the subject as commute times drop due to $4.00 gas.

Location will be more and more of a factor in deciding which home to buy, which will have an impact on housing values.

Russell Shaw on Thriving and Surviving…

May 18, 2008

Russell Shaw is one of those guys who has been there and done that. He is the leader of a MEGA producing team in the Phoenix area and authors all over the web. RealEstateIndustryWatch is doing an interview with him as well..

In this post, Russell posits that you should keep your eyes on prospecting as much as marketing and that in the end, you will be ahead and you will capture much more market share.

Great post Russell…

RE/MAX Founder Chimes In on Media Reporting

May 15, 2008

David Liniger, founder of RE/MAX International, recently commented on his blog about some of his frustrations with the national media and their use of inaccurate data. Mr. Liniger decides to take the high road and focuses on two positive articles from Chris Pummer with Marketwatch and Cyril Moulle-Berteaux with The Wall Street Journal.

House of Representatives Approve Real Estate Bailout

May 9, 2008

The House of Representatives approved a bill that would provide a real estate bailout for mortgages. President Bush has promised to veto the bill if it makes it to his desk. Some of the controversial issues in the bill include a proposed $300 Billion (yes, Billion with a B) dollars that would essentially help a great many of the persons that caused the real estate crisis in the first place - and it would be overly burdening of the American Taxpayer.

Federal Reserve Raises Lending Standards for Banks

May 7, 2008

It appears we are at a crossroads, while the mortgage industry is trying to ease things so more persons have options and ability to purchase homes - the Federal Reserve is now raising its lending standards for banks. This is somewhat of a diverging path - so it should be interesting to see how this all shakes out.

FREE Realtor.com Enhanced Listings for everyone!

May 7, 2008

According to an article on the Bloodhound Blog, Realtor.com will soon be offering free enhanced listings for everyone. Great news for many of the persons that have been complaining for some time how they’ve been taking listings and segregating them based off whomever pays the most money. Its great for consumers, and Realtors alike!

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