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
MINNEAPOLIS -- The home seemed to have everything: a big master suite, a wine chiller and views of a pond. The only thing missing was a buyer. So after a cash buyer looked at it twice, but never got around to making an offer, the owners decided to take matters into their own hands. They wrote a purchase agreement -- including a hefty price reduction, a closing date and the seller's signature -- and presented it to that prospective buyer in hopes of signaling just how anxious they are to make the deal work. "We have to be creative, aggressive and think outside the box," said Dave Lodge, the listing agent for the property, located in Maple Grove, Minn. "It's another way to address the market today and the lack of buyers." _krdDartInc++; document.write(''); Reverse purchase agreements -- unsolicited offers that get written by sellers for prospective buyers -- are rare in today's market, but agents say that the strategy could be the next weapon in the ongoing battle to get prospective home buyers to take notice. The approach is just one of myriad tactics sellers are using to attract buyers, who are now comfortably positioned in the driver's seat. For some buyers it's no longer enough to have a vacation or appliances dangled in front of them. Buyers simply have too many choices and not much incentive to make a decision quickly. This was the first time Lodge tried the approach, at the suggestion of a colleague. His clients, two young sisters, have been trying for several months to sell a townhouse that belonged to their deceased mother. Already Lodge had done everything he could to attract a buyer. The house is staged, he started holding open houses during the week and he has suggested several aggressive price reductions. Then, a well-qualified out-of-town buyer looked at the townhouse a couple of times. She offered great feedback, but months later, no offer. Her agent continued to keep in touch with the listing agent. Not closing the door gave hope to Lodge and his clients that her interest would turn into a purchase agreement. But it didn't happen. With no other prospects in sight, Lodge and his clients decided that if the buyer wouldn't make an offer, they would. So they wrote an offer, complete with a quick closing date and an unsolicited $10,000 price reduction on top of a $20,000 price reduction earlier in the month. "We were trying to get her to make a decision," Lodge said. "Say, 'Yes, I'm going to buy,' or let my client move on and not worry about this offer." Her agent was pleasantly surprised. "It was very impressive and very proactive," said Katherine Pedrick, a sales agent at Coldwell Banker Burnet. Pedrick said she never had encountered a reverse purchase agreement before. The strategy definitely captured the attention of her client, who still was considering the offer at this story's deadline. Ken Johnson, vice president of Burnet's Minnetonka office, said that he often recommends this strategy to agents who have listings that are "market-worn," but have had serious buyer interest. It's particularly effective in situations where a prospective buyer has looked at the property two or three times, but just won't take the next step. Such lack of motivation is pervasive in this market. Many buyers are apprehensive about making an offer in a market where prices continue to fall. Buyers also are waiting to see if mortgage interest rates, which recently dropped to multigenerational lows, will keep dropping. And many have deep concerns about the short-term health of the economy and their own job security. Nicci Brown, a mortgage consultant at Edina Realty Mortgage in Champlin, Minn., said that sellers have used this strategy in other down markets and predicted it will become more popular as buyers feel less confident about the market. "Two to three years ago (sellers) had people standing in the street waiting to make an offer," she said. "With that missing today, they don't know where to start." An offer from the seller eliminates the guesswork for a prospective buyer. It's the sellers who reveal how much they are willing to cut the price, the closing date and other terms, though a written offer doesn't preclude additional negotiation.
*article taken from the Bellevielle News Democrat January 12, 2009
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.