Can the Web Save the 6% Commission? from Future of Real Estate
"The publication polled a sample of 3753 readers who sold or tried to sell a home, 4029 readers who bought a home and 7368 readers who did both. The results are illuminating to anyone in the industry; especially some of its findings which will surely be controversial.
Let’s look a bit deeper at the numbers.
First, the good news. Only 1% of sellers tried to use an online web site (craigslist, forsalebyowner.com etc.) to sell their home. 80% chose to go with an agent. It suggests that any fears that online players may someday distermediate the Realtors seem overblown. Sellers want to work with a real estate professional."
Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts
Wednesday, September 10, 2008
Can the web save the 6% Commission? Real Estate
Can the web save the 6% Commission? Real Estate
Can the Web Save the 6% Commission? from Future of Real Estate
"The publication polled a sample of 3753 readers who sold or tried to sell a home, 4029 readers who bought a home and 7368 readers who did both. The results are illuminating to anyone in the industry; especially some of its findings which will surely be controversial.
Let’s look a bit deeper at the numbers.
First, the good news. Only 1% of sellers tried to use an online web site (craigslist, forsalebyowner.com etc.) to sell their home. 80% chose to go with an agent. It suggests that any fears that online players may someday distermediate the Realtors seem overblown. Sellers want to work with a real estate professional."
Monday, July 21, 2008
Marketing online for real estate
Yahoo conducts study on how the internet effects home buyers and home sellers....
"Yahoo! Inc., just released the results of a study they did on how the Internet influences home buyers and sellers and specifically how it influences consumers when it comes to selecting a real estate agent.
No great surprises in the results (which were tabulated from a survey of 500 participants)… Yahoo’s found that… Yes… the Internet plays a “pivotal role in the selection process and was central in helping consumers identify agents”....." Future of Real Estate marketing
Marketing online for real estate
Yahoo conducts study on how the internet effects home buyers and home sellers....
"Yahoo! Inc., just released the results of a study they did on how the Internet influences home buyers and sellers and specifically how it influences consumers when it comes to selecting a real estate agent.
No great surprises in the results (which were tabulated from a survey of 500 participants)… Yahoo’s found that… Yes… the Internet plays a “pivotal role in the selection process and was central in helping consumers identify agents”....." Future of Real Estate marketing
Friday, May 23, 2008
Google Maps with Real Estate Listings
Google Maps adds Real Estate Listings
"There's a new option to search for real estate: click on "show search options" and select "real estate" from the drop-down. The search results don't seem to be powered by come from Google Base. Google shows structured information about houses and lets you refine the results by price, number of bedrooms and bathrooms. Even if there aren't too many advanced features, it's interesting to see that Google Maps wants to index all the information that could be displayed on a map......Google Maps Real Estate
Kentucky Insurance- Life Insurance
Insurance in Kentucky
Google Maps Real Estate Listing Search Page
Kentucky Housing Market
"There's a new option to search for real estate: click on "show search options" and select "real estate" from the drop-down. The search results don't seem to be powered by come from Google Base. Google shows structured information about houses and lets you refine the results by price, number of bedrooms and bathrooms. Even if there aren't too many advanced features, it's interesting to see that Google Maps wants to index all the information that could be displayed on a map......Google Maps Real Estate
Kentucky Insurance- Life Insurance
Insurance in Kentucky
Google Maps Real Estate Listing Search Page
Kentucky Housing Market
Google Maps with Real Estate Listings
Google Maps adds Real Estate Listings
"There's a new option to search for real estate: click on "show search options" and select "real estate" from the drop-down. The search results don't seem to be powered by come from Google Base. Google shows structured information about houses and lets you refine the results by price, number of bedrooms and bathrooms. Even if there aren't too many advanced features, it's interesting to see that Google Maps wants to index all the information that could be displayed on a map......Google Maps Real Estate
Kentucky Insurance- Life Insurance
Insurance in Kentucky
Google Maps Real Estate Listing Search Page
Kentucky Housing Market
"There's a new option to search for real estate: click on "show search options" and select "real estate" from the drop-down. The search results don't seem to be powered by come from Google Base. Google shows structured information about houses and lets you refine the results by price, number of bedrooms and bathrooms. Even if there aren't too many advanced features, it's interesting to see that Google Maps wants to index all the information that could be displayed on a map......Google Maps Real Estate
Kentucky Insurance- Life Insurance
Insurance in Kentucky
Google Maps Real Estate Listing Search Page
Kentucky Housing Market
Saturday, March 29, 2008
Real Estate News on Twitter, Do you Twitter?
Now you can keep up with Real Estate news on Twitter with your free Twitter account. Inman News blog now offers info via Twitter:
"you can now keep track of all the breaking real estate headlines from Inman News via Twitter.Just head over to InmanNews profile on Twitter, sign up for your own account and click the 'Follow' button. Do the same on any other accounts you find and you'll instantly start receiving automatic updates from them.
I found a few other sources on Twitter you may consider following adding; CNN, BBC, The Financial Times and the New York Times - you may even want to do a search for your local news outlets too (I found The Oregonian, for example).
Do this and you can stay on top of all the news as it hits and never be caught off guard.".... from Inman News Blog
More Information:
Real Estate News on Twitter, Do you Twitter?
Now you can keep up with Real Estate news on Twitter with your free Twitter account. Inman News blog now offers info via Twitter:
"you can now keep track of all the breaking real estate headlines from Inman News via Twitter.Just head over to InmanNews profile on Twitter, sign up for your own account and click the 'Follow' button. Do the same on any other accounts you find and you'll instantly start receiving automatic updates from them.
I found a few other sources on Twitter you may consider following adding; CNN, BBC, The Financial Times and the New York Times - you may even want to do a search for your local news outlets too (I found The Oregonian, for example).
Do this and you can stay on top of all the news as it hits and never be caught off guard.".... from Inman News Blog
More Information:
Monday, February 18, 2008
Yahoo Real Estate
Yahoo Real Estate:
"Yahoo Real Estate, by contrast, has been pushing out new features steadily and is clearly the superior of the two destinations. No doubt in my mind - Y!RE will win out and become the dominant destination. This is surely great news in the minds of the folks at Yahoo who have been troubled by their future for weeks (see What’s in Store for Yahoo Real Estate).
"Yahoo Real Estate, by contrast, has been pushing out new features steadily and is clearly the superior of the two destinations. No doubt in my mind - Y!RE will win out and become the dominant destination. This is surely great news in the minds of the folks at Yahoo who have been troubled by their future for weeks (see What’s in Store for Yahoo Real Estate).
Who this impacts most is Move.com - partly because they’ll see a combined entity nipping at the heels of Realtor.com, but also because they currently power MSN’s real estate searches (and no doubt draw a bunch of their own traffic from those searches).
Will Y!RE under its tent, MSN will likely push that relationship to the side and focus on tying all of its new properties under a revamped real estate destination....." from Future of Real Estate Marketing
Yahoo Real Estate
Yahoo Real Estate:
"Yahoo Real Estate, by contrast, has been pushing out new features steadily and is clearly the superior of the two destinations. No doubt in my mind - Y!RE will win out and become the dominant destination. This is surely great news in the minds of the folks at Yahoo who have been troubled by their future for weeks (see What’s in Store for Yahoo Real Estate).
"Yahoo Real Estate, by contrast, has been pushing out new features steadily and is clearly the superior of the two destinations. No doubt in my mind - Y!RE will win out and become the dominant destination. This is surely great news in the minds of the folks at Yahoo who have been troubled by their future for weeks (see What’s in Store for Yahoo Real Estate).
Who this impacts most is Move.com - partly because they’ll see a combined entity nipping at the heels of Realtor.com, but also because they currently power MSN’s real estate searches (and no doubt draw a bunch of their own traffic from those searches).
Will Y!RE under its tent, MSN will likely push that relationship to the side and focus on tying all of its new properties under a revamped real estate destination....." from Future of Real Estate Marketing
Existing Vacant Home Sales Dropped Sharply in 07
"Year-end numbers released by the Wisconsin Realtors Association Thursday confirmed the expected: Sales of existing homes dropped off sharply in 2007, compared with 2006.The decline was even more pronounced in the fourth quarter.
Call Dick Watts Insurance 502-245-3625 for Vacant HomeInsurance Quote
The association contended there was a silver lining in the figures which also showed that median home sale prices crept up slightly even as sales fell off.Wisconsin home sales declined last year by 10.8 percent compared with 2006, but median prices rose 0.2 percent to $164,000, according to the report.
Sales in the Midwest were also down by a similar margin, falling 10.5 percent over ".....Vacant Home Sales Dropped
Call Dick Watts Insurance 502-245-3625 for Vacant HomeInsurance Quote
The association contended there was a silver lining in the figures which also showed that median home sale prices crept up slightly even as sales fell off.Wisconsin home sales declined last year by 10.8 percent compared with 2006, but median prices rose 0.2 percent to $164,000, according to the report.
Sales in the Midwest were also down by a similar margin, falling 10.5 percent over ".....Vacant Home Sales Dropped
Existing Vacant Home Sales Dropped Sharply in 07
"Year-end numbers released by the Wisconsin Realtors Association Thursday confirmed the expected: Sales of existing homes dropped off sharply in 2007, compared with 2006.The decline was even more pronounced in the fourth quarter.
Call Dick Watts Insurance 502-245-3625 for Vacant HomeInsurance Quote
The association contended there was a silver lining in the figures which also showed that median home sale prices crept up slightly even as sales fell off.Wisconsin home sales declined last year by 10.8 percent compared with 2006, but median prices rose 0.2 percent to $164,000, according to the report.
Sales in the Midwest were also down by a similar margin, falling 10.5 percent over ".....Vacant Home Sales Dropped
Call Dick Watts Insurance 502-245-3625 for Vacant HomeInsurance Quote
The association contended there was a silver lining in the figures which also showed that median home sale prices crept up slightly even as sales fell off.Wisconsin home sales declined last year by 10.8 percent compared with 2006, but median prices rose 0.2 percent to $164,000, according to the report.
Sales in the Midwest were also down by a similar margin, falling 10.5 percent over ".....Vacant Home Sales Dropped
Older Homes Command Higher Prices
"Age apparently has its advantages in California's real estate market. The median price of resale homes in the state is well above that of new homes, which is counter to the national trend.
The National Association of Realtors reported that the U.S. median price of resale homes was $218,900 in 2007, 11.3 percent below the median new-home price of $246,900 in 2007....." Inman Real Estate Blog
The National Association of Realtors reported that the U.S. median price of resale homes was $218,900 in 2007, 11.3 percent below the median new-home price of $246,900 in 2007....." Inman Real Estate Blog
Older Homes Command Higher Prices
"Age apparently has its advantages in California's real estate market. The median price of resale homes in the state is well above that of new homes, which is counter to the national trend.
The National Association of Realtors reported that the U.S. median price of resale homes was $218,900 in 2007, 11.3 percent below the median new-home price of $246,900 in 2007....." Inman Real Estate Blog
The National Association of Realtors reported that the U.S. median price of resale homes was $218,900 in 2007, 11.3 percent below the median new-home price of $246,900 in 2007....." Inman Real Estate Blog
Sunday, January 27, 2008
Roost.com Real Estate Search
Roost.com Real estate
"Rather, Roost has cultivated partnerships with local MLS’ and brokers’ IDX feeds to provide complete coverage in each market it enters. It reminded me of the approach another of my favorite search tools, [4] Estately.com, has taken.
Unlike Estately however – which only works in Washington State - at launch Roost will be live in 14 markets. These include Atlanta, Baltimore, Boise, Boston, Chicago, Dallas, Houston, Minneapolis, Orange County, Philadelphia, Portland, Sacramento/Modesto, Washington D.C. and San Diego. Chang expects by the end of 2008, they will be in close to 40 markets.
How it works is, in each market, the search results are sponsored by an individual broker (e.g. “Portland listings brought to you by…”). As a consumer, if you want more information on any particular listing, including contact information, all the traffic drives through to that sponsoring broker’s site.
Every market however, can have an unlimited number of sponsors and the sponsors rotate in based on the amount of traffic they have bought." more Future of Real Estate
Roost.com Real Estate Search
Roost.com Real estate
"Rather, Roost has cultivated partnerships with local MLS’ and brokers’ IDX feeds to provide complete coverage in each market it enters. It reminded me of the approach another of my favorite search tools, [4] Estately.com, has taken.
Unlike Estately however – which only works in Washington State - at launch Roost will be live in 14 markets. These include Atlanta, Baltimore, Boise, Boston, Chicago, Dallas, Houston, Minneapolis, Orange County, Philadelphia, Portland, Sacramento/Modesto, Washington D.C. and San Diego. Chang expects by the end of 2008, they will be in close to 40 markets.
How it works is, in each market, the search results are sponsored by an individual broker (e.g. “Portland listings brought to you by…”). As a consumer, if you want more information on any particular listing, including contact information, all the traffic drives through to that sponsoring broker’s site.
Every market however, can have an unlimited number of sponsors and the sponsors rotate in based on the amount of traffic they have bought." more Future of Real Estate
Friday, January 18, 2008
Commercial Property Crunch Las Vegas
Las Vegas Default Highlights Commercial Property Crunch:
"The credit crunch that roared through the residential real-estate market is starting to bite commercial projects, too.
Yesterday, Ian Bruce Eichner, the developer of a twin-tower casino resort in the heart of Las Vegas, defaulted on a $760 million loan from Deutsche Bank AG after he failed to get refinancing. The default on the loan supporting the $3 billion Cosmopolitan Resort Casino is a signal of trouble for Mr. Eichner, who gained notice during an earlier real-estate downturn in the early 1990s when he lost several projects in New York City.
Owners and developers of some of the country's choicest properties are having trouble refinancing shorter-term loans they received during the boom days......" Real Estate Journal
Commercial Property Crunch Las Vegas
Las Vegas Default Highlights Commercial Property Crunch:
"The credit crunch that roared through the residential real-estate market is starting to bite commercial projects, too.
Yesterday, Ian Bruce Eichner, the developer of a twin-tower casino resort in the heart of Las Vegas, defaulted on a $760 million loan from Deutsche Bank AG after he failed to get refinancing. The default on the loan supporting the $3 billion Cosmopolitan Resort Casino is a signal of trouble for Mr. Eichner, who gained notice during an earlier real-estate downturn in the early 1990s when he lost several projects in New York City.
Owners and developers of some of the country's choicest properties are having trouble refinancing shorter-term loans they received during the boom days......" Real Estate Journal
Thursday, January 17, 2008
Inman Real Estate Report Online Advertising SEO
"Almost 38% of respondents who planned to buy keywords had less than five years’ experience in real estate. Some 30% had 5-15 years’ experience and 28% had more than 15 years’ experience. Those figures suggest keyword buyers are slightly more likely to be newcomers to the business.
More than 300 respondents answered a write-in question that asked: “What keywords will you focus on?” By far the most frequent responses were “real estate” or words related to specific locations such as the names of cities, towns or neighborhoods. Properties types such as “foreclosures,” “town homes,” “waterfront,” “commercial” or “equestrian properties” were also mentioned as were “retirement,” “boomer,” “luxury” and “discount” in conjunction with “real estate.”...." More from Greg Sterling Screenwerk
More than 300 respondents answered a write-in question that asked: “What keywords will you focus on?” By far the most frequent responses were “real estate” or words related to specific locations such as the names of cities, towns or neighborhoods. Properties types such as “foreclosures,” “town homes,” “waterfront,” “commercial” or “equestrian properties” were also mentioned as were “retirement,” “boomer,” “luxury” and “discount” in conjunction with “real estate.”...." More from Greg Sterling Screenwerk
Inman Real Estate Report Online Advertising SEO
"Almost 38% of respondents who planned to buy keywords had less than five years’ experience in real estate. Some 30% had 5-15 years’ experience and 28% had more than 15 years’ experience. Those figures suggest keyword buyers are slightly more likely to be newcomers to the business.
More than 300 respondents answered a write-in question that asked: “What keywords will you focus on?” By far the most frequent responses were “real estate” or words related to specific locations such as the names of cities, towns or neighborhoods. Properties types such as “foreclosures,” “town homes,” “waterfront,” “commercial” or “equestrian properties” were also mentioned as were “retirement,” “boomer,” “luxury” and “discount” in conjunction with “real estate.”...." More from Greg Sterling Screenwerk
More than 300 respondents answered a write-in question that asked: “What keywords will you focus on?” By far the most frequent responses were “real estate” or words related to specific locations such as the names of cities, towns or neighborhoods. Properties types such as “foreclosures,” “town homes,” “waterfront,” “commercial” or “equestrian properties” were also mentioned as were “retirement,” “boomer,” “luxury” and “discount” in conjunction with “real estate.”...." More from Greg Sterling Screenwerk
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