real estate: Fannie, Short Sales, And your Commission. - 06/27/09 11:20 AM
Commissions and the Short Sale
You may want to Visit Realtor.org for further info on this... it is a bit of old news from earlier this year but I still hear agents being asked to negotiate their commissions on a short sale. I have always advised listing a property at full commission … (18 comments)
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real estate: Is your Blog compliant? The Real Estate Commission is Monitoring Social Networking sites - 06/04/09 03:32 PM
Are you Compliant?
Obviously if you are reading this blog you are using Social Networking as part of your business plan and I commend you for it. I think it is a great way to get your knowledge of a community "out there" so potential buyers and sellers can find you.
… (98 comments)
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real estate: Are we Going to Lose the Mortgage Interest Deduction? - 02/27/09 04:40 PM
CAN THE REAL ESTATE INDUSTRY AFFORD TO LOSE THE MORTGAGE INTEREST DEDUCTION?
President's Plan May Cut The Mortgage Interest Deduction
I just received this release from the NJAR Week in Review. There is already talk of bumping the tax rate up to 39% for people in this income bracket, and now … (9 comments)
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real estate: Economic Calendar for the week of February 17th 2009... What is happening with interest rates? - 02/17/09 02:23 PM
What is happening in the Credit markets this week? It is a fairly busy calendar in this holiday shortened week with more than just economic data that has the potential to move markets this week. Here is the calendar:
Monday: Market was closed
Tuesday February 17: Obama will sign … (13 comments)
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real estate: Habitat For Humanity Benefit: Toms River NJ - 02/06/09 01:22 PM
Time For Relaxation
The Gallery Day Spa in Cooperation with Habitat for Humanity is holding a benefit with all proceeds going to the northern Ocean County Habitat for Humanity.
Where: The Gallery Day Spa, 3324 Route 37 East Toms River, NJ
For: Men and Women of all ages
What: Treat … (5 comments)
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real estate: Advertising in a recession. - 12/24/08 08:57 AM
Advertise In a Recession? Are You Crazy?
As it turns out you're crazy not to advertise in a recession. Many studies over the years (even going back to the Great Depression) have shown that investing in marketing during rough economic times is actually more effective than when times are good. This … (32 comments)
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real estate: Yes you CAN still get a loan. - 10/02/08 04:06 PM
For the past week or two we have been receiving calls from our clients asking if they are still able to get a loan. These calls have been for clients who are buying homes, are approved and just weeks away from closing. All of the negative articles and news has … (11 comments)
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real estate: Read beyond the headlines - 09/30/08 12:24 PM
The New "F-word"
As a consumer you need to do yourself a favor and STOP listening to the media! There isn't anything that will depress you faster than reading the paper or listening to the news. The word Foreclosure has been tossed around a little too much lately. It is a … (8 comments)
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real estate: Important FHA changes coming SOON! - 09/24/08 10:37 AM
October 1 is a big date in the FHA world, The Down Payment assistance piece has been beaten to death on the Rain, so this is just a quick mention that if you have them, GET THEM CLOSED.
The next piece is yet another change in the FHA Mortgage Insurance … (12 comments)
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real estate: Data Sharing and a National MLS - 08/22/08 02:25 PM
Data Sharing is here, A national MLS system is a real possibility
Like it or not we are getting close to having national access to MLS systems. It is likely the wave of the future especially with sites like Realtor.com.
Rumor is that NY is very close to a State wide … (7 comments)
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real estate: The Practice of Proper Business Etiquette and Networking - 08/15/08 11:13 AM
While Networking you want to make a rock solid connection with potential clients and referal sources. What can you do? At the top of your list should be proper Etiquette.
Studies have shown that college graduates are missing out on business etiquette skills. Hopefully we can avoid some of this … (12 comments)
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real estate: FED leaves Short Term Rates UNCHANGED - 06/25/08 01:53 PM
As expected the FED did not raise rates at this week's meeting. The Fed says:
Uncertainty over inflation outlook remains high while downside risk to growth has diminished.
The news is considered to be neutral to slightly negative.
Initially the market sold off on the news but has been improving … (3 comments)
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real estate: The FED meets this week, Market update. - 06/23/08 10:40 AM
Market update
The FED Begins its FOMC meeting this Tuesday and we should have the outcome of that meeting about 2pm on Wednesday. In addition to the FED meeting we have a slew of reports on New and Existing Home Sales, Consumer Confidence, 2 Treasury Auctions, ending the week with Personal … (3 comments)
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real estate: How do I buy a house: Part 1 - 06/19/08 06:01 PM
First time buyers "How-To" Guide. (part 1)
Are you confused with the process of buying a home? Don't be, it is not your fault! Unfortunately the educational system misses out on teaching us how to buy and what to expect in the process. Heck, many schools do not even teach the … (3 comments)
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real estate: R.E.S.P.A. Refresher - 06/02/08 05:00 PM
Refresh yourself on RESPA
Feel a bit rusty when it comes to the Real Estate Settlement Procedures Act (RESPA)? Congress passed RESPA in 1974 to protect consumers and ensure fair competition in the mortgage shopping process. It may be time for a refresher
course, especially since the U.S. Department of … (1 comments)
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real estate: Surviving in our crazy business - 05/08/08 10:22 AM
Surviving Our Crazy Business
Our business is a fun one, (most of the time). The biggest problem most of us have is turning it off. Think of Jack Nicholson's character in the Shinning. "All work and no play makes Johnny a dull boy..." If we do not allow ourselves … (2 comments)
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real estate: Can my buyers get a loan? - 05/07/08 11:30 AM
I have been to many meetings at my local board office this year, and it seems that everyone has the same concern: Can my buyers get a loan? Of course they can.
As you are aware, the media has a tendency to twist the facts around and bring out the … (2 comments)
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real estate: Using a Reverse Mortgage to Purchase a Home - 04/30/08 08:37 AM
Reverse Mortgage to buy a home
Time for a new tool to help you sell homes; Reverse mortgages for a purchase. Traditional Reverse mortgages have been thought of as a way for seniors to stay in their homes, but more recently we have seen Seniors using reverse mortgages for a number of … (8 comments)
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real estate: Never Stop Improving - 04/29/08 07:53 AM
NEVER STOP IMPROVING
The ability to adapt and grow within your environment is a key habit of success. Our ever-evolving environment is affected by new legislation, new product offerings and emerging, untapped market segments. The world around you is changing, so you must keep pace.
Create a blueprint for what … (4 comments)
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real estate: THE SKY is NOT FALLING, Foreclosure myths.... - 04/17/08 09:05 AM
Is anyone else tired of the negative media?
In yesterday's Business Section under the headline: "Foreclosure Filings, Bank Repossessions surge"
(In the Asbury Park Press, from the Bloomberg News service)
The Article starts off with; "US Foreclosure Filings Jumped 57% and Bank Repossessions more than doubled in March from … (8 comments)
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