Last week, The National Association of REALTORS® reported that existing home sales – which include single-family, townhomes, condominiums and co-ops – increased 3.6 percent to a seasonally adjusted annual rate of 4.89 million units in June.
This is third consecutive month that NAR has reported an increase in existing home sales. Lawrence Yun, NAR’s chief economist, added that “We expect a gradual uptrend in sales to continue due to tax-credit incentives and historically high affordability conditions.”
*Source: http://www.realtor.org/RMODaily.nsf/pages/News2009072301?OpenDocument
Monday, September 7, 2009
Friday, September 4, 2009
Keller Williams comes out on top
Congratulations! The Wall Street Journal / LORE Top 400* survey results were just released and once again Keller Williams Realty illustrated why we are continuing to outpace the industry. The report breaks down categories and rankings by individual agents and teams.
In 2009, Keller Williams Realty had:
Six additional associates ranked among the top 50 agents by transaction sides.
1,048 percent more transactions from the year before compared to an average increase of 31 percent for Century 21, Coldwell Banker, Prudential and REMAX combined.
Among the top 50 teams for total sides:
Keller Williams ranked second with 11 teams.
Those 11 teams had an impressive increase of 25 percent in transaction sides from the year before.
Keller Williams was the only company that posted an increase for two years in a row.
*The list is based on a survey of independently verified submissions to determine the top real estate professionals in the United States. REAL Trends states that it is the only independent study of its kind.
In 2009, Keller Williams Realty had:
Six additional associates ranked among the top 50 agents by transaction sides.
1,048 percent more transactions from the year before compared to an average increase of 31 percent for Century 21, Coldwell Banker, Prudential and REMAX combined.
Among the top 50 teams for total sides:
Keller Williams ranked second with 11 teams.
Those 11 teams had an impressive increase of 25 percent in transaction sides from the year before.
Keller Williams was the only company that posted an increase for two years in a row.
*The list is based on a survey of independently verified submissions to determine the top real estate professionals in the United States. REAL Trends states that it is the only independent study of its kind.
Wednesday, September 2, 2009
How to get tough in a tight market
During an interview with Michael Krisa host of ThatInterviewGuy.com, Eric Thomas of the Mid-Upper Cape Cod market center, shared his insights on what to do when the market gets tough.
His first piece of advice: Read SHIFT: How Top Real Estate Agents Tackle Tough Times; then he says, “Get back to the basics.”
Watch the short video clip on ThatInterviewGuy.com
His first piece of advice: Read SHIFT: How Top Real Estate Agents Tackle Tough Times; then he says, “Get back to the basics.”
Watch the short video clip on ThatInterviewGuy.com
Monday, August 31, 2009
Get Your Website Working for You!
Last year, 94 percent of buyers, ages 25 to 44, used the Internet to search for a home. Is your Website delivering solid information and search capabilities to meet their needs? Learn how to capture more business by improving your Website! Visit KW Connect to learn more!
Wednesday, August 26, 2009
Which listing agreement do I use?
I have a seller who wants to sell an unimproved residential lot. What listing agreement should I use?
The choice of listing agreement depends upon the likely buyer’s intended use. Since a buyer will probably use the lot for residential purposes (e.g., to build a home), the residential listing agreement (TAR form 1101) would appear to be the best choice. The listing broker could delete those matters that would apply to improvements or add a statement indicating that the property is an unimproved lot in the Special Provisions paragraph. Either of these alternatives would tend to eliminate confusion by the seller.
It should be noted that these same considerations would apply to the choice of a listing agreement if the likely intended use of a buyer of an unimproved property would be for commercial or farm and ranch purposes.
For other legal topics, visit the Legal FAQs on TexasRealtors.com.
The choice of listing agreement depends upon the likely buyer’s intended use. Since a buyer will probably use the lot for residential purposes (e.g., to build a home), the residential listing agreement (TAR form 1101) would appear to be the best choice. The listing broker could delete those matters that would apply to improvements or add a statement indicating that the property is an unimproved lot in the Special Provisions paragraph. Either of these alternatives would tend to eliminate confusion by the seller.
It should be noted that these same considerations would apply to the choice of a listing agreement if the likely intended use of a buyer of an unimproved property would be for commercial or farm and ranch purposes.
For other legal topics, visit the Legal FAQs on TexasRealtors.com.
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