Weldon Rigby
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Real Estate News
Toni Haber: ‘I only want people around me who are motivated and want to win, learn and grow’
Fri, 22 May 2015 2:15:19
The Douglas Elliman broker talks about lines in the sand, how technology helps her connect with clients and transcendental meditation ... read more»

Why in-house lenders are ineffective
Fri, 22 May 2015 2:00:52
These days many real estate brokerages have a lender in their office to supposedly make the process easier for the buyer to get a loan, helping to create the "one-stop shop," which usually includes a settlement company as well. Even though buyers can choose whichever lender they would like to use, they are actively encouraged to use the in-house lender. ... read more»

Falcon flies in from Copenhagen to offer another way to manage social marketing
Fri, 22 May 2015 1:45:19
Managing social media can be a plate-spinning-on-roller skates experience. Either you have expertise in that particular act of the marketing circus, or the people are laughing at you, not with you. Just hitting the "share" button a couple of times a day is probably not enough for you to earn an actually interested, devoted fanbase ... read more»

Tracy Schwartz: ‘People love to see us living the mountain lifestyle, not just properties and stats’
Fri, 22 May 2015 1:30:47
"I think social media is a great way to show the company's human side," says Schwartz. "We live here, we play here … oh yeah, and we work here. This is our home, and no one knows it better than us; we want to share how cool a place this is. Not just give you stats and pictures of properties." ... read more»

We need a new standard for calculating home loans — here’s why
Fri, 22 May 2015 1:00:40
Mortgage loans are a good thing. They provide us the opportunity to purchase and occupy a home before we have all the funds to do so. This opportunity does come at a price. The price is the amortized payment schedule, which means each month part of the payment goes toward both the principal balance and interest payment (cost of the loan) until the homeowner pays the loan in full ... read more»

Should listing agents be present for all showings?
Thu, 21 May 2015 15:43:53
If Marcy Spieker is asked by a seller client to be present for every showing, she's knows what she'll say. "Due to our standards of practice here, that would not be in your best interest," she said she'll tell a client, during a discussion on the matter in the real estate Facebook group Lead Gen Scripts and Objections ... read more»

Report recommends adding phone, utility payments to credit score information
Thu, 21 May 2015 14:02:14
On the heels of Fair Issac Corp. -- the company behind FICO credit scores -- proposing a new credit scoring system, a recent report pushes for a similar structure that would take into account telecommunication and utility payments ... read more»

With acquisition, Midwest brokerage becomes nation’s largest Coldwell Banker franchise affiliate
Thu, 21 May 2015 12:56:06
Midwest brokerage Coldwell Banker Honig-Bell has acquired Wisconsin-based neighbor Coldwell Banker The Real Estate Group and its 450 agents and 18 offices. With the new addition, Joliet, Illinois-based Coldwell Banker Honig-Bell now has approximately 1,300 agents and 53 offices and has become the nation's largest Coldwell Banker Real Estate franchise affiliate by annual transaction sides ... read more»

Matterport 3-D home of the week
Thu, 21 May 2015 12:00:24
This 6,440-square-foot remodel left us lost for words. Nestled in a Seward Park hillside overlooking Lake Washington and Mount Rainier in Seattle, Washington, the original home was barely more than a shack with arguably the best views in Seattle ... read more»

Mortgage loan QC assessment tool offers ‘TrueView’ of lender errors
Thu, 21 May 2015 11:38:04
Lenders, investors and regulators who need to compare the quality of loan pools within an individual lender’s portfolio or to the rest of the mortgage industry will have a new tool this summer in the form of QC View, a benchmarking solution developed by Mortgage TrueView. ... read more»

Sindeo ‘demystifies’ mortgage application process for buyers — and lenders
Thu, 21 May 2015 11:17:18
Inspired by his Greek roots, Nick Stamos saw a problem in the mortgage industry and decided to solve it with Sindeo, which, in his ancestors’ language, means “to connect.” After buying his first home in 2010, Stamos found the process of applying for a mortgage loan long and complicated -- and marked by a few expensive surprises during the process ... read more»

Referral network partners with large NAR affiliate
Thu, 21 May 2015 11:00:42
ReferralExchange, a service that scrubs agents' excess leads and hands them off to its member-only referral network, has white-labeled its tool for the National Association of Realtors' largest affiliate, the Council of Residential Specialists (CRS). CRS, whose more than 30,000 members will be able to access a CRS-branded version of the network from the group's website, crs.com, when the partnership goes live sometime this summer, is paying for the privilege ... read more»

Is age the new job-determining factor?
Thu, 21 May 2015 11:00:01
It's not unusual for a middle-aged, midlevel manager to be eased out of their position when it comes time for corporations to have cutbacks. We hear stories of struggle when this vulnerable cohort tries to obtain other employment. In many cases, they are overqualified for the position they are applying for or completely qualified, but the employer is not willing to pay the salary they demand. But why won't companies pay for someone who is so well-qualified? ... read more»

Homes.com embracing local data
Thu, 21 May 2015 10:19:52
Homes.com, a listing portal that commands a large audience but is sometimes overshadowed by Zillow, Trulia and realtor.com, has recently placed a focus on helping prospective buyers get a better feel for neighborhoods online. The portal is playing catch-up with competitors in adding some types of community data to it its search experience ... read more»

How to build and evaluate profitable lease renewal programs
Thu, 21 May 2015 10:00:57
This one change in management process reduced the number of expired leases to almost zero. Our company now maintains an average occupancy rate of 98 percent. Reducing the number of expired leases reduced turnover and vacancy rates by 1-2 percent. Top-line improvement positioned the property to meet more aggressive financial goals. The purpose of this article is to show the benefits of a lease renewal program and to show how to evaluate an existing lease renewal program ... read more»

Foreclosure activity rises to 18-month high
Thu, 21 May 2015 9:37:05
Driven by an increase in bank repossessions, 125,875 properties faced some form of foreclosure activity in April, representing an 18-month high, according to RealtyTrac's U.S. Foreclosure Market Report ... read more»

Existing-home sales lose steam in April
Thu, 21 May 2015 7:17:14
Sales of existing homes lost momentum in April, but remained above year-ago levels, according to the National Association of Realtors ... read more»

19 red flags to detect money laundering
Thu, 21 May 2015 4:00:56
Because your elevator speech won't do you any good in prison, keep your eyes open. If you observe any of the following activities, money laundering might be afoot ... read more»

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