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
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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!
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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
What is a BPO? It stands for Broker Price Opinion.
When does a bank do a BPO? Banks routinely call for them when a home defaults on payments, again when a short sale offer is made, again when it goes to foreclosure, and again before it is listed by the foreclosure listing agent. Although appraisals cost $450 - $500, the competition among real estate agents has driven the price down to $42 to $95 for a BPO. The middle men get twice that amount, but we as agents hardly get enough money to pay the costs involved.
Our 1000th BPO completed by the Seattle Reo Team. I took the pictures, made a video, and am writing a blog about it.
What this means is that this last year, the Seattle Reo Team www.seattlereoteam.com visited and took pictures of 1000 properties.
We pulled comparables of 3000 sold properties. I got a good sense of the difference between properties that sit. And properties that sell.
There were some surprises. For example, many houses over one million are somewhere in the foreclosure process. However, for each of these homes, we always found 3 houses nearby, also over a million dollars in value, that had sold recently. Homes have been selling in every price range. In researching one of these, I discovered that someone paid over 10 million dollars for a waterfront home on Lake Washington on the Seattle side. www.philipleng.com Obviously not everyone is broke or unemployed!
My first bpo was one of the hardest. It was waterfront on Bainbridge Island. We have routinely found that doing a bpo on waterfront property ended up giving us grief. For $45 to $95 they want an evaluation comparable to the $2200 one that appraisers routinely do. We have crossed all islands off of our list for future bpo work.
We have had some interesting experiences. Like when Laura was chased by a man who got into his car and followed her for blocks and blocks after she took pictures of his house. Like when Annie went into a back yard to get a picture of the back of the house and people came pouring out of the house demanding to know what she was doing and why. Like when Justin was trying to get close enough to a mobile home on an acre to get a close up of the house number, and four huge dogs came flying out of the back yard to chase him. Yes, he made it to the car before they got him. But we never DID get a picture of the house numbers!
We got a lot of push back on that one. How do we know you were at the right place? We need proof that the pictures are of the right property. We told them the story. Told them that for some strange reason, we didn't feel $45 was worth risking our lives for!
1000 BPOs completed by the Seattle Reo Team in and around Seattle! Why would we do that? It is our entry into the world of listing bank owned properties. www.seatlereoteam.com
We now have one listed and four more in pre listing stage. More about that later!
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.