My friend Gustavo Farfan, has prepared this article, hoping to turn the mindset of our community from negative to positive thinking. I hope he is right,lets see what you think about his view. Gustavo Blachman. SHOULD I BUY NOW OR WAIT UNTIL THE PRICES DROP MORE? I hear the same line of question from clients and Real Estate agents. more...
What do “chi” alignment, the number 27, “space clearing” and “hungry ghosts” have in common when selling a residence? Feng Shui. Yes, you read correctly. An article in November’s Realtor magazine says sellers experiencing long periods between listing and selling their properties are hiring Feng Shui practitioners to use the ancient Chinese technique to dissipate the negativity of financial woes by realigning the “chi”, or energy, of the property.
And, guess what? The article says it’s working. more...
So you've found a house that you would like to flip, or you've decided that you want to flip a house, but you are not sure how cheap you need to buy one in order to make a nice profit. more...
After watching a disturbing video on Inman on home foreclosures in Southern California, I became acutely aware of how much Americans caught up in the net of losing their homes to the volcanic mortgage situation lost something more precious than their homes: They lost their integrity.
The video showed abandoned, completely furnished homes being “trashed out” by a company hired by the banks to empty the property to be ready for sale. Brown lawns are being spray painted green to improve curb appeal for marketing. What are these people thinking? more...
How is your open house traffic in these challenging times? As the Internet gains momentum and videos become the popular option to preview properties, what is the future for open houses?
Typically, the main open house traffic is on Sunday afternoons from 2 pm until late afternoon. Increased gas prices and reduced leisure time may also be impacting the traditional open house habit. What are real estate professionals experiencing in other areas? more...
If you were to start all over in the Real Estate Business - what would you do different ? What did you do when you first started that was not effective ? Share your information - wediditagingroup@yahoo.com
Hello Inman News Bloggers and Masterminds.
My name is Gustavo F. Blachman, I am the broker-owner of Terrabella Realty in Miami, Florida. my website is www.goterrabella.com and my email is info@terrabellarealty.com
Here’s my take on the short sale practice: more...
An article in September’s Realtor Magazine (pg.27) states that, no matter how clear client’s goals when buying or selling a property, decision making often becomes emotionally and sometimes irrationally driven when negotiating high-end purchases. This is not bad, mind you, just a proven fact on how the human mind works when analyzing what most people regard as a critically important decision to buy or sell. more...
Realtor Magazine* cites an interesting article by a marketing company who segmented homebuyers into five “tribes”-- in which they promise that consumers will recognize themselves as at least one. They believe real estate salespeople can target their advertising based on the following tribes: more...
Mason Pruner, Branch Manager of Wells Fargo on Glades Road in Boca Raton recently sent me this update from Washington on The Housing and Economic Recovery Act of 2008. If you haven’t already heard, I’m sure you would like to know the new facts. more...
My husband and I run our own mortgage broker office. We have never aligned ourselves to any particular Real Estate Agent, but marketed directly to homeowners hoping to refinance or move up in life. Because we have had very good success with this, and have always been the people referring TO agents instead of getting referred BY agents, we haven't depended on Agent business.
Now, however, we are being approached by four different agents in our area who want to co-market with us. more...
Interpretation and Reality of the Housing and Economic Recovery Act of 2008 - Arizona (Maricopa County)
Recently the House and Senate passed broad-based housing legislation that was signed into law by President Bush last week. As expected, Fannie/Freddie/and HUD has not yet communicated a majority of the program requirements to the mortgage lenders and investors.
With that disclosure, here are several key changes and how it affects you: more...
It is my pleasure to share another exciting incentive enrolled by the governor’s office toward making Florida an environmentally sound and beautiful locale for living.
On June 24, 2008, the South Florida Water Management District began negotiating an agreement to acquire as much as 187,000 acres of agricultural land owned by the United States Sugar Corporation to reestablish a part of the historic connection between Lake Okeechobee and America's Everglades. more...
BREATHE EASIER IN FLORIDA: Reducing Greenhouse Gases
As of the 16th of July 2008, a Memorandum of Understanding was drawn between the United Kingdom’s Carbon Trust and the State of Florida. The memorandum, signed in London by Michael Rea, COO of The Carbon Trust and Governor Charlie Christ, is summarized as follows: more...
Governor Charlie Crist and the Florida Association of Realtors aggressively supported the now-passed Amendment 1, originally known as the Save Our Homes Amendment begun in 1995. For those residents unsure of how Amendment 1 affects their real estate plans, here are facts from Florida Realtor Magazine: more...
Looking back on the unprecedented growth in the real estate market for the past ten years, the well-muscled housing prices seemed to have been on . . . well, steroids. While lenders matched loans and interests rates to the swelling real estate market, many observers knew the day would come when the high would hit a low.
An interesting article in Continental Airline’s July in-flight magazine called, The Silver Lining Strategy, by Chris Warren, cites real estate developers and investors across the country excited about the new real estate diagnosis. more...
GOOD NEWS ON FLORIDA'S HOUSING PROGNOSIS
Florida Trend Magazine has an interesting article in the July 2008 issue. A ‘prognosis’ made by the University of Central Florida’s Institute for Economic Competitiveness states that the U.S. will begin recovering from its “mild” recession right about now. Good news. Florida, however, is supposed to be delayed in its recovery due to the statewide housing slump. more...
Margot Larkin, Assistant Vice President and Mortgage Office from Gibraltar Private Bank & Trust, recently commented on the emerging trends towards luxury real estate, which she claims is always the first asset to be super-sized, ultra-designed, and updated with the latest technology and trends.
• Design and Layout
Today’s high-end luxury residences are brimming with amenities never dreamed of years ago. “Smart” homes have been the rage for a few years, but now you can “call” your residence and pre-set the temperature, lighting, television, and more. more...
I am a successful mortgage banker in Northeast Phoenix,Cave Creek and Carefree area.I have many realtor relationships that have been very succesful in the past and now. more...
Wow! Where have I been? There seems to be some interest in this topic. Can we get it off the ground? I know it would help me, because I've been in similar groups before. Actually, I could use a group right now. You can know a little about mastermind groups or a lot. As far as I'm concerned, everyone is welcome. If you're looking for professional mastermind group, maybe you should look elsewhere. Anyone in?
Last December, while taking a break from real estate, I joined By Referral Only. I had the chance to put systems in place before going back to work in February.
Since February 5, 2008, my BRO techniques have resulted in 2 closings and a listing, and I have 9 buyers looking for a home with me.
I was taught to go after listings, but I'm finding listings just by working with buyers who contact me. Tomorrow I'm going to an Initial Buyer Consultation and I have no doubt that I'll list his house too. more...
I was reading my yahoo alerts today and came across this article about large brands winning in the down market.
You can read the full article here.
Article
I'm not sure I agree. I'm actually contemplating moving to another smaller firm from a large firm because I need to take more to the bottom line and can't do it when I pay 30+% to a major national brokerage.
Anyone else have thoughts on this?
Joe more...
Hi there, I started a welcome thread so that new members can introduce themselves. I'll start! My name is Joe Cline. I'm a real estate broker in Austin Texas. I enjoy tech a lot and used to work in hi-tech. I sell both commercial and residential real estate. I'm looking forward to masterminding! Howard Brinton and Star Power are some of my favorite real estate gurus.
Joe
Tarrytown Real Estate | more...
