Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
So is everyone getting ready for the data dance? What is the data dance you ask? Well, it’s becoming one of the largest spectator sports this side of property lot lines. It’s the monthly, quarterly, semi-annual, annual display of data points and trend lines put forth by just about every known real estate related player in today’s market.
There are plenty of players from the National Association of Realtors, to local Realtor boards to the American Association of Homebuilders, Zillow, Trulia, RealtyTrac, Foreclosurethis.com, Foreclosurethat.com, itsashortsale.com, noitsnot.com, and dozens and dozens of others telling us the market is falling, no it’s improving, the shadow inventory is coming, no the shadow inventory is hiding, prices are falling, no stabilizing, no increasing, interest rates are doing something.
Why now? Because now we have two months of data to compare to last year! Or, we have one month to compare to the last month, or we have this year to compare to something else. You can almost predict with certainty the headlines coming. Here locally I expect to see our local Salt Lake Board proclaim home sales are up over last year (this IS factually true – for the first two months of the year home sales are up 2% from the same period last year). But, how will they describe next month, when I can predict with absolute certainty that home sales will drop versus last year?
How do I know this, because I know that last year’s March and April number were elevated thanks to the homebuyer tax credit. There is no way this year’s transaction activity will match last year’s over the same time period. Does that mean the market is tanking? Hardly. It simply means there are different market forces impacting activity levels. This is the part that gets lost time and again in all of the data spewed out for public consumption. It’s the lack of context.
Without context, the data is for all intents and purposes, worthless. We all know real estate activity is local and influenced by local economic conditions. Yet, we constantly see dialogues (even here on ActiveRain) using national statistics to somehow explain local conditions. With the proliferation of "data"providers in the real estate industry, it is my belief, that rather than enhancing the overall level of discourse and insight, we are muddying the waters more and more and confusing the public. Rather than focusing on the sound bites that simple averages make exceptionally easy to throw out, it is more critical now than ever that real estate consumers (whether buying or selling) understand what the numbers "mean."
Here are some examples from the past two months of data for Salt Lake County, what do each mean on their own (if anything)?
Unit Sales up 2% - is the market improving?
Average Sale prices down over 12% year over year – is the market tanking?
So which is it? OK, let’s add some more detail to the mix. What if I said, based on current inventory levels and sales the past two months we have just over ten months of inventory available? What If that level is just six months based on a 12-month sales cycle? How do these numbers impact buyers and sellers differently? (and yes they do). What role does seasonality play in the reported data (for those geographic areas that have seasonal fluctuations). The bottom line is all of various data points mean absolutely nothing if not defined by the context of the local real estate market and local economic conditions.
I want to encourage consumers to not fall victim to the data dance. You need to be able to cut through the hyperbole and understand what data elements (especially local data) impact you and how. Local real estate professionals can assist in that process. I’ve seen too many consumers make poor decisions based on thier lack of understanding the data and what it meant to them (or what it should have meant to them).
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.