Weldon Rigby
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Real Estate News
Jumbo mortgages are cheap because banks want to sell other stuff to wealthy borrowers
Fri, 01 Aug 2014 21:29:25 | Category:
 If you’ve got great credit, rates on jumbo mortgages are now slightly less than for conforming loans eligible for purchase by Fannie Mae and Freddie Mac. That’s because banks are competing for wealthy consumers because they can sell th

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The bottom line of the Zillow-Trulia deal for brokers and agents
Fri, 01 Aug 2014 19:49:48 | Category:
 Agents should acknowledge the existence and benefits of Zillow-Trulia, and keep providing better and more powerful information. That is what consumers want and need. Realtors who work harder and smarter will keep providing the critical part of the equatio

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Idaho?s largest MLS to feed 14,000 listings to Zillow and Trulia
Fri, 01 Aug 2014 19:40:19 | Category:
 

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Why I?m going back to selling real estate
Fri, 01 Aug 2014 18:49:21 | Category:
 Back when Britney Spears was wearing a snake to the VMAs, and ?Survivor? was taking over the airwaves, an 18-year-old high school student decided to get his real estate license. Fast forward through 28 seasons of ?Survivor,? lots of life lessons learned a

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Why fear of Fed action isn?t sending mortgage rates skyward
Fri, 01 Aug 2014 18:44:11 | Category:
 In a world and life filled with uncertainty, it is gratifying to watch markets behave exactly as they should. Bonds and mortgages got a bad scare on Wednesday, rates up sharply, but as the full picture revealed itself rates are ...

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Antitrust issues could still kill Zillow-Trulia merger
Fri, 01 Aug 2014 16:58:03 | Category:
 Even if antitrust regulators don’t stand in the way of a merger of real estate search giants Zillow and Trulia, they might impose conditions that would give Zillow cold feet about closing the deal, DealBook reports. Zillow and Trulia have ...

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Barbara Corcoran: Zillow and Trulia are like Boardwalk and Park Place with hotels
Fri, 01 Aug 2014 16:25:08 | Category:
 With their ability to “control 60 percent of eyeballs,” Zillow and Trulia “are kind of like Boardwalk and Park Place with a big hotel on each,” Barbara Corcoran tells Stephanie Ruhle and Erik Schatzker, the hosts of

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Zillow-Trulia deal could prompt marriage of UK real estate portals Zoopla and Rightmove
Fri, 01 Aug 2014 15:49:26 | Category:
 Just like their U.S. counterparts, U.K. property search portal giants Zoopla and Rightmove “have to keep growing and monetizing and there probably will have to be some consolidation in the sector to reduce cost base,” Joe Rundle, head

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Atlantic City boarding house that was thorn in Trump?s side sells for $530K
Fri, 01 Aug 2014 15:16:07 | Category:
 A three-story boarding house in Atlantic City once coveted by casino developers Bob Guccione and Donald Trump — both wanted to buy it and knock it down to clear the way for their projects — isn’t such a hot property ...

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Nonverbal communication is how agents really win listing presentations
Fri, 01 Aug 2014 10:00:43 | Category:
 There's a million and one ideas out there on how to win more listing presentations ... We are told we need the "must-have" materials to give to our clients. We're told we have to memorize and internalize numerous scripts on how to get

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California Realtors publishing names and photos of ethics violators, but not for public
Fri, 01 Aug 2014 09:37:25 | Category:
 Starting today, the California Association of Realtors begins publishing the names and photos of those who are found to have violated the Realtor Code of Ethics in a members-only section of its website unavailable to the public. Only real estate ...

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Trulia ups the stakes on agent profiles
Fri, 01 Aug 2014 00:02:25 | Category:
 Top producing agents and brokers often say real estate is about relationships, not sales. And as the Internet becomes a larger part of everyone’s daily lives, those business-dependent relationships will be increasingly developed, nurtured and st

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Tidal wave of new real estate agent websites taking shape
Thu, 31 Jul 2014 19:53:37 | Category:
 More than 8 out of 10 Inman News readers say they plan to apply for their own “.realtor” domain — suggesting the Internet could soon see 800,000 new real estate agent websites if the National Association of Realtors’

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Judge orders BofA to pay $1.3B for toxic mortgages
Thu, 31 Jul 2014 18:01:25 | Category:
 In the first mortgage-fraud case brought by the federal government to ever go to trial, a jury found Bank of America’s Countrywide unit liable for selling thousands of bad mortgages to Fannie Mae and Freddie Mac in the run-up to ...

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Startup launches free credit reports ? and it?s not a scam
Thu, 31 Jul 2014 17:29:49 | Category:
 Online credit monitoring startup Credit Karma is now offering consumers weekly credit reports and scores that are “actually free, not free*,” writes TechCrunch’s Sarah Perez. As someone who plans to apply for a new mortgage s

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New York property search site?s Google Earth implementation will knock your socks off
Thu, 31 Jul 2014 17:25:11 | Category:
 CityRealty, a property listing and agent referral resource covering New York City, has rolled out a revamped website that features colorful neighborhood guides that include virtual aerial imagery of neighborhoods and popular buildings. The site’

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Atlantic City boarding house that Trump had to build around to be auctioned today
Thu, 31 Jul 2014 15:35:11 | Category:
 The way Donald Trump remembers it, he was willing to pay Vera Coking millions of dollars and provide her with free housing for life in one of his luxury high-rises if she’d sell him a 29-room boarding house in Atlantic ...

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The elephant in the room with Zillow?s acquisition of Trulia is mortgages
Thu, 31 Jul 2014 14:14:22 | Category:
 In the articles I've read dissecting the events of the last few days, I've been surprised to find virtually no reference to what I believe is a key part of the value proposition of a combined Zillow and Trulia: the monetization of products and s

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