Daily Archives: October 9, 2015

Real Estate Investments – rich dad real estate riches by robert t. kiyosaki & dolf de roos

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HousingWire

What's California real estate going to do in 2016?
HousingWire
California's housing market is expected to improve in 2016, but a shortage of available inventory and continuing high costs are expected to limit the improvement, according to a report released Thursday by the California Association of Realtors ...
California Housing Market Demand Will Remain Strong in 2016Palm Springs Life

all 12 news articles »

What's the most messed up thing you've seen a real estate agent do/say?

Tue, 21 Aug 2012 11:17:35 -0700

Last year when i was looking for a pet friendly place in Somerville, I had not one, but three agencies seriously suggest that I put my dog down to help find me a place. Joking or not that's still messed up right? What are your real estate stories?

submitted by zackhankins74 to boston
[link] [169 comments]

Real Estate Career Success Story in Freehold New Jersey


Nashville Post (subscription) (blog)

Move over, New York. Nashville's real estate is hot
The Tennessean
Move over, New York. Nashville ranks seventh among the nation's top ten commercial real estate markets to watch next year. That's according to the latest Emerging Trends in Real Estate report from PricewaterhouseCoopers and the Urban Land Institute.
PwC report: Nashville's real estate market 7th in countryNashville Post (subscription) (blog)

all 2 news articles »

First time home buyer here. Why are my mortgage broker and real estate agent discouraging me from making offers on bank owned properties?

Sun, 01 Jun 2014 07:06:10 -0700

Hi Guys,

First time home buyer here so I might have some questions that seem pretty obvious. So I am looking at buying a condo. I'm 25. I currently live with my parents rent free. I am seeing alot of great bank owned properties on the market and I would love to make an offer. Downside is, I don't have the full amounts in cash most of the properties are asking for. So I will be putting a 20% down.

My mortgage broker and real estate agent strongly discourage me from going after bank owned properties. They say it takes too long to hear from the bank. This annoys me because, I currently live at home so its not like I URGENTLY need to find a place. I have the time to wait it out.

Are they just being lazy because its the same amount of paper work for less commission? Does anyone have experience buying bank owned properties without the full amount in cash? How long did it take to hear back?

Thank you for guiding a newbie!

edit: Thanks for the advice guys. I just wanted to add that I'm thinking of buying a condo, and not a house. NOt sure if this makes a difference in anything. I also live in NJ.

edit 2: Wow! I just checked back on the comments and never expected to get this much. Thank you so much for taking time out to respond to me. I'm sorry If i don't get a chance to directly thank you. Please know your advice is greatly appreciated.

submitted by anonchick123 to personalfinance
[link] [200 comments]

What Are Real Estate Investment Trusts (REIT’s)?


Green Bay Press Gazette

Real estate agents can work for buyer, seller
Green Bay Press Gazette
Answer: It is legal for a real estate agent to work with both a buyer and a seller. Real estate law in every state says that a real estate agent must treat all parties fairly. One type of transaction used in agency relationships is called disclosed ...

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My listing agent will not market my house on Zillow, the largest real estate website!

Wed, 03 Jun 2015 08:37:43 -0700

I just put my house up for sale, and it's shown on realtor.com and a few other websites. I checked Zillow and it wasn't updated to show my newly listed house. When I asked my agent why my house isn't shown on Zillow, her response was "It will not automatically load to Zillow. Our company policy does not allow that since there is so much erroneous data on that site and we have no control over what they do with your data once it has been uploaded to their site."

A quick Google search brings up lots of articles about agents getting away from using Trulia and Zillow. As someone who is paying an agent a lofty commission to sell my house, it angers me tremendously that they are refusing to use such a popular tool to market my home. What's up with agents doing this, and how can I get around it? I considered creating my own listing on Zillow, but that's the kind of thing I'm paying her to do!

EDIT: Cool, looks like I struck a nerve with you agents out there. Here's the thing: Nobody gives a shit that agents hate Zillow and other sites. Bottom line is that buyers looking for homes use Zillow more than any other website to find homes. I agree that the Zestimate is a joke (and everyone knows that), but Zillow gets twice as many views as realtor.com. When I'm selling something I want views and Zillow delivers.

Why not do it myself? Well, I did it myself on the last house I sold with tremendous success. Flat fee MLS. It's gotten to the point that anyone can sell a house online. This time it's a relo and my commission is covered and I've already moved away so I'm stuck with an agent.

EDIT 2: We're talking to other agents right now and will likely cut ties with this one and move on.

EDIT 3: Well, our agent just gave in and put us on Zillow. It's only been a couple hours but check out my view stats. Yesterday's uptick was people going to Zillow to learn more about the property and there was nothing but old info and nothing about the house being for sale. Now they see the whole listing. I just cannot understand how this can be a bad thing.

submitted by SmellyFinger to RealEstate
[link] [336 comments]