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real estate: Website Hosting for $1 per month - 09/01/08 04:45 AM
I have a lot of space available on my dedicated server, so I wanted to offer cheap web hosting to everybody here on Activerain:
I'll host your website (ie. Business website, or Single Property Website) on my server for $1 per Month!
Here's how it works:                        
$1 per Month
- 1 website domain hosted for 1 month
- 1 GB of bandwidth
- 100 MB of disk space
- UNLIMITED Email Forwarders
An Email Forwarder is when I setup a personalized email address for your website domain (ie. Email1@yourdomain.com) and have it forward all incoming emails to another email account … (5 comments)

real estate: Brave Appraisers will Stabilize the Market - 08/22/08 05:59 AM

By the skin of my teeth, I just closed a deal where the bank appraisal was a full $200,000 LESS than the offer price....needless to say, both my buyer and the seller completely flipped out, and wanted to know exactly how the appraiser came up with such a low value.
So after an hour-long phone call with the appraiser (which he thankfully granted), here's what I learned:
Short-term sacrifice for Long Term gain
The whole Appraisal Industry is currently in the cross hairs of Federal reform, and though it will be tough for everyone involved (Appraisers most of all), it … (8 comments)

real estate: Home Listed for $1.00 on the MLS....thats right, ONE DOLLAR - 08/20/08 12:36 AM

So we all know that in some parts of the country, Real Estate values are holding steady, and in some lucky areas they are even rising (see my recent blog post: 10 Cities w/ Fastest Rising Homevalues), but in some parts of the country homevalues are so depressed that sellers are having a hard time even giving their homes away:
Enter the $1.00 Listing
I just read an article that literally blew me away (Detroit News: Forclosure Fallout, Houses go for a $1), because it told of how a Bank listed one of its REO properties in Detroit for $1.00 … (9 comments)

real estate: Agents vs FSBO: The ULTIMATE Hypocrisy - 08/17/08 08:38 PM

The Golden Rule: "Do unto others as you would have them do unto you."
However, I just read a Wired Magazine article (Cracking the Real Estate Code) which made an interesting point:
Agents do a better job of selling their OWN home than selling comparable homes on behalf of their clients.
The article noted a study of 100,000 homes sold in Chicago, which concluded that Agents keep their OWN home on the market 10 days LONGER & ultimately sell their OWN home for 3% HIGHER than comparable homes they sold for their clients! 
The reason, of course, is because an … (16 comments)

real estate: Where Are the FREE Online Real Estate Directories? - 08/17/08 07:02 PM

I did a search on Google for "Real Estate Directory" and found something VERY interesting:
I could not find 1 single FREE Online Real Estate Directory at all!!!
Every Real Estate Directory that I saw either charged a FEE to create a profile & submit your website to their directory, or at the very least required that you create a 'reciprocal link' to their website on your own website (if you even have one) before they would even consider reviewing your submission!
In this day and age of largely free online resources for many aspects of the Real Estate Industry … (0 comments)

real estate: Illegal Immigrants RAISE Homevalues - 08/14/08 12:51 PM
**This is Part 2 of another blog I wrote: 10 Cities w/ Fastest Rising Homevalues....What Can We Learn? In my last blog, I commented on an article by Money Magazine that listed 10 cities with the fastest rising homevalues in the nation. I did some further research, and found something VERY interesting:  - only 2 of those 10 cities actually INCREASED in population between 2000 & 2007: McAllen,TX & El Paso, TX.....every other city on the list DECREASED in population between 2000 & 2007 (see here). - McAllen, TX had the HIGHEST 1yr home appreciation forecast of all 10 cities: 4% … (3 comments)

real estate: 10 Cities w/ Fastest Rising Home Values....What Can We Learn? - 08/13/08 05:58 AM

We all know that home values nationwide are falling, but there are cities where home values are currently stable or even on the rise.
But which of these stubborn cities, with home values that refuse to decline with the rest of us, are rising the fastest?.....What can we learn from them?  Is there some common trait that sets them apart as Real Estate RECESSION PROOF cities?
Below, I've reprinted a portion of a recent Money Magazine article (10 Fastest Growing Real Estate Markets, 05/13/08) which lists 10 cities with the fastest rising home values:
McAllen, Texas
12-month forecast: 4% Median … (17 comments)

real estate: Blogging for Business.....Effective Strategy or a Waste of Time? - 08/10/08 08:39 AM

Its important to realize the difference between blogging for BUSINESS and blogging for POINTS or recreation.  Because we are all (or most of us are) active Real Estate professionals, I would think that the main reason we are here is to build our business in some sort of way, even if it is just to gain more knowledge, increase our Internet skill sets, or ultimately create more exposure for ourselves & our business.
And to that end, the designers of Activerain were absolutely GENIUS to build a "points" based system of ranking members, which automatically creates a very competitive environment, … (10 comments)

real estate: FREE Property Wanted Ads for your Buyers....get more Listings too! - 08/06/08 03:58 PM

In theory, a Buyer's Agent posting a Property Wanted Ad stating that his/her client wants to buy a home for $300,000 is just as useful as a Seller's Agent posting a Property Listing stating that his/her client wants to sell a house for $300,000.
But strangely enough, only Property Listings are widely advertised or used as a marketing tool for Real Estate. However, Property Wanted Ads should be just as valid & important as Property Listings, because they represent the other half of a Real Estate transaction....the buyer's half.
And think of the FSBO sellers that will be perusing through … (5 comments)

real estate: The Path to Happiness.... - 08/05/08 07:14 AM
The foolish man seeks happiness in the distance, the wise man grows it under his feet. - J. Robert Oppenheimer Happiness is a positive cash flow.- Fred Adler
 
We take greater pains to persuade others we are happy than in trying to think so ourselves.- Confucius
 

 
To Have Happiness, is like being wealthy to god.- Neida pacheco
 
Remember that happiness is a way of travel, not a destination.- Roy Goodman
 
Ask yourself whether you are happy, and you cease to be so.- John Stuart Mill
 
That last one there is a real zinger!  Just … (4 comments)

real estate: HutHub - A new website to help Real Estate Professionals connect directly with Clients...Locally or Nationwide - 07/23/08 02:54 AM

Hello fellow Activerainers,
My name is Peter, and I am an active Real Estate Broker in the San Francisco Bay Area, California, and an Activerain member for over a year now.
I am also the founder of a new website for the Real Estate Industry called HutHub, which can be found at: http://www.HutHub.com
I'd like to give you all a short introduction as to who I am, why I created this website, why I'm blogging about it, and most importantly, how it can help you & most everyone else involved in the Real Estate Industry.

Who am I? - … (9 comments)

 

Peter Hackett, HutHub.com - The National Real Estate Network

Oakland, CA

More about me…

HutHub Inc.

Address: Oakland, CA

Office Phone: (510) 464-4610

Email Me



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