Showing posts with label Homes. Show all posts
Showing posts with label Homes. Show all posts

Feb 16, 2010

International Listings from your computer at home

RISMEDIA, February 16, 2010-Marty Van Diest lists and sells homes in the Malanuga-Susitina Borough of Alaska through his Valley Market Real Estate office located in Wasilla, Alaska. It's an area bigger than North Carolina. He lives in Palmer and his office is in Sarah Palin's hometown of Wasilla. He's been a real estate agent for 19 years. Despite having his office in Wasilla, he can't see Russia from there, but he sees success on the Internet every day.


When you are in a place as unforgiving as Alaska in winter, organization and efficiency are essential


If you ever read Jack London's great stories earlier in your life, you know that Alaska in winter can be an unforgiving place. If you saw the movie Into the Wild, you also know it's no place for beginners at any time of year. If you had to earn your living in an area the size of North Carolina, you'd do whatever you could to make your job easier and your performance stronger. Marty started trying to make the Internet work for him about three years ago: "When I started my blog about 3 years ago, I started really trying to make something happen online. Nothing happened. Then I wanted an additional lead generating website so I tried another product last summer that didn't work out. Then I found you guys. As you can imagine, it costs a fortune to advertise across a geographic area as big as North Carolina. I ran my last ad in printed media last March and decided to go online completely, and I have been happy with my decision. My Internet presence covers everywhere and over 120 real inquiries have come into me from my Compass PROLeadS™ site in the past six months; real Alaskans asking me for what they want. I sold 45 houses last year and five so far this year (things are slow in Alaska in the winter). I get more than 60% of all my leads from Compass. Most people start their research for property on the Internet, and if you are easy to find, you will be with them from the start. Many of them take many months before they actually buy, so you are helping them from the beginning. Because I have my PROLeadS™ site, I don't have to advertise, don't have to worry if I am reaching my territory, and don't have to worry where my next sale is coming from.


It took a while for Van Diest to get lead follow-up right


"I received 45 leads while I was moose hunting in September and did not get a good chance to follow-up on those initial leads. I had just subscribed in August and figured it would take a while for things to kick in. I won't make that mistake again! I had a long learning curve on responding to the leads: it took me longer than it should have to understand that immediate response is required for Internet buyers. I realized that people who find me online want answers now. They expect immediate response and whenever possible, I give it to them. I have more success with the leads I get now because I call them right away. If possible, I call the lead within 1-2 minutes of receiving it. The lead is texted to my iPhone so I can just touch the telephone number to call them. If I am in a meeting and can't call, or if they only leave an e-mail message, I e-mail them as soon as possible: The sooner the better. The telephone calls are best because they establish a real personal touch and sometimes you can set up a face-to-face appointment. After I find more details about them, I set them up for a search for their particular real estate needs. I then follow-up with them after they start receiving emailed listings. The goal is always to set up a face-to-face appointment."


Whether you're in Alaska, Alabama, or anywhere else, the speed of your personal response to the prospect's inquiry is the single biggest factor in your success cultivating Internet leads (once you get real leads). The Massachusetts Institute of Technology (MIT) recently published a study showing that Internet leads degrade within an hour to less than half the value they had when received. For that reason, have your leads put through on SMS text to your cell phone, as well as emailed to you. It only takes a moment to begin building a great client relationship. You'll be amazed when prospects greet you warmly with "Wow! That was fast!" It gets the entire relationship off on the right foot, plus, studies show that 81% of the time, an Internet lead sticks with the first agent they contact if that agent responds to them immediately.


It's also about the quality of the leads


"I did try another company, but they didn't build me a dedicated branded website. I think they were one of those 'lead aggregators.' I don't know where their "leads" came from; they would just send me some every month. When I called the supposed 'leads,' they did not know how I got their name and in most cases, they were not interested in finding real estate. I could have generated better leads by cold calling out of the phone book. My PROLeadS™, on the other hand, are from real people who have visited my site and who want more information about something they saw there. These real leads include the person's name, phone number and/or e-mail address, and most of the time, a personal comment. The leads are from people who are really interested in talking to me. As long as I have people to talk about houses with, I will sell houses.


It's tough in Alaska, but it is tough in your neighborhood, too


There are 444 listings for Realtors in Wasilla, Alaska. How many are there in your town? You may not have to know a market as vast as Marty's, but yours is a handful, too. How much easier would your job be if you had 8 or 10 truly interested people who know who you are and what you sell write you each month and ask you for more information about something?


It's for that reason that Professionally Managed Lead Sites (PMLS) are making themselves a name in real estate: Unless you have millions of dollars to spend and countless days to learn by trial and error what works, you can't compete with them as a prospecting tool. Hundreds-if not thousands-of agents are moving to these sites, sites where experts do everything for you and generate leads exclusively for you from people who know who you are. The average agent just can't do that themselves, especially for the $235 a month such a site costs*. Agents have realized that their frustration at being unable to succeed online can be eradicated for a fraction of what their time and effort are worth, and the new technology of combining organic with paid search and all the success practices learned in online marketing is beyond their ability or desire to try to duplicate. You see, succeeding online is not a mystery to online marketing services companies anymore. It's utilizing a set of practices, whether you're in Wasilla or Washington, D.C.


Life is so much more fun with prospects to call on, no matter where you sell and list real estate.


*multiple options exist, this is offered for budget purposes.




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Nov 21, 2009

More Than 1 in 4 Homes for Sale in Price Reduction Report Have Seen Reduction

87506703 RISMEDIA, November 21, 2009-Trulia, Inc. has announced that 25.6% of homes currently on the market in the United States as of November 1, 2009 have experienced at least one price cut during the past 12 months. More than 40% of the top 50 major metros across the U.S. are experiencing price reduction levels above 30%, significantly higher than the national average. The average discount for price-reduced homes continues to hold steady at 10% off of the original listing price.

Nov 9, 2009

Obama Signs Homebuyer Tax Credit Extension

RISMEDIA, -President Barack Obama has approved the first-time homebuyer tax credit extension which will extend the tax credit until April 30, 2010.


The extension is part of a $24 billion economic stimulus bill that will extend the $8,000 tax credit for homebuyers who are purchasing their first home from the current November 30 deadline and expands the program to offer a credit of $6,500 to homeowners who have lived in their current home for at least five years and are seeking to relocate.


The following details apply to the homebuyer tax credit expansion:


Who is Eligible


-First-time homebuyers, who are defined by the law as buyers who have not owned a principal residence during the three-year period prior to the purchase, may be eligible for up to an $8,000 tax credit.


-Existing homeowners who have been residing in their principal residence for five consecutive years out of the last eight and are purchasing a home to be their principal residence ("repeat buyer"), may be eligible for up to a $6,500 tax credit.


-All U.S. citizens who file taxes are eligible to participate in the program.


Income Limits


Homebuyers who file as single or head-of-household taxpayers can claim the full credit ($8,000 for first-time buyers and $6,500 for repeat buyers) if their modified adjusted gross income (MAGI) is less than $125,000.


-For married couples filing a joint return, the combined income limit is $225,000.


-Single or head-of-household taxpayers who earn between $125,000 and $145,000, and married couples who earn between $225,000 and $245,000 are eligible to receive a partial credit.


-The credit is not available for single taxpayers whose MAGI is greater than $145,000 and married couples with a MAGI that exceeds $245,000.


Effective Dates


-The eligibility period for the tax credit is for homes purchased after Nov. 6, 2009, and before May 1, 2010. However, home purchases subject to a binding sales contract signed by April 30, 2010, will qualify for the tax credit provided closing occurs prior to July 1, 2010.


Types of Homes that Qualify


-All homes with a purchase price of less than $800,000 qualify, including newly-constructed or resale, and single-family detached, townhomes or condominiums, provided that the home will be used as their principal residence. Vacation home and rental property purchases do NOT qualify.


Tax Credit is Refundable


-A refundable credit means that if the amount of income taxes you owe is less than the credit amount you qualify for, the government will send you a check for the difference.


-For example:


-A first-time buyer who qualifies for the full $8,000 credit who owes $5,000 in federal income taxes would pay nothing to the IRS and receive a $3,000 payment from the government. If you are due to receive a $1,000 refund, you would receive $9,000 ($1,000 plus the $8,000 first-time homebuyer tax credit).


-A repeat buyer who owes $5,000 would pay nothing to the IRS and receive $1,500 back from the government. If you are due to get a $1,000 refund, you would get $7,500 ($1,000 plus the $6,500 repeat buyer tax credit).


-All qualified homebuyers can take the tax credit on their 2009 or 2010 income tax return.


Payback Provisions


The tax credit is a true credit. It does not have to be repaid unless the home owner sells or stops using the home as their principal residence within three years after the purchase.


The www.federalhousingtaxcredit.com site is being updated. Check the site next week for more detailed information on the new tax credit.



Sep 28, 2009

Total Number of Home Listings Down in August

RISMEDIA, September 24, 2009-The number of homes for sale declined nearly 3% in August 2009, compared to July, and is down more than 23% compared to a year ago,

Aug 18, 2009

Top Real Estate Websites

Homes for sale, rent, search, valuations, historical & comparable sales, local market information, and much more..




http://base.google.com/base/help/realestate.html


"Over 56% of all Internet searches on "real estate" and related terms are conducted on Google and our partner sites, and the majority of those searchers are actively looking for listings or referrals to brokers and agents. You can make sure that they can find your listings by submitting them to Google Base" Google.com




http://realestate.yahoo.com


"Search homes for sale, find home values, research housing markets, get a home loan, read expert real estate advice & more!" Yahoo.com




http://www.zillow.com


"Zillow is an online real estate service dedicated to helping you get an edge in real estate by providing you with valuable tools and information." Zillow.com




http://www.trulia.com


"Trulia is a real estate search engine that helps you find homes for sale and provides real estate information at the local level to help you make better decisions in the process." Trulia.com




http://www.hotpads.com


"With HotPads' innovative map-based search, we are striving to give people the best communication platform for sharing information about available housing." Hotpads.com




http://www.eppraisal.com


"Eppraisal provides free home valuations, data on comparable homes, recent sales, neighborhood details and local market trends." Eppraisal.com




http://www.homescape.com


"Homescape provides local, comprehensive property listings and rich content to home buyers and sellers nationwide, while delivering a suite of advertising solutions that offer choice and results that enable real estate professionals to grow their business." Homescape.com




http://real-estate.nextag.com


"Nextag is the leading comparison shopping site for products, financial services, travel, automobiles, real estate, education and more." Nextag.com




http://www.homegain.com


"Real estate agents and brokers use HomeGain's real estate marketing solutions and real estate lead generation tools to connect to consumers, promote their services and grow their business." Homegain.com




http://www.hoodeo.com


"As The Neighborhood Matchmaker, hoodeo learns about you - your hoodeo profile - then matches you to your top 10 'best places to live' by zip code. You are matched based on lifestyle, property type, and the price you are looking for." Hoodeo.com




http://www.condo.com


"We are the World's Largest Condo Marketplace. We were formed to help developers, builders, brokers, financial institutions and others sell or rent their condos, lofts or town homes." Condo.com




http://www.frontdoor.com


"we believe that the home searching experience should be about more than just the boards and the bricks. It should be about what it's like to live in that building, on that street, and in that neighborhood." FrontDoor.com




http://www.landwatch.com


"LandWatch helps you find investment or recreation property, land for sale, hunting land and leases, large acreages, farms and ranches for sale, waterfront properties and country homes." LandWatch.com




http://www.beatyouthere.com


"We are a real estate search engine that provides you with the most accurate listings and information possible so that you can make an educated decision based on your search." BeatYourThere.com




http://www.clrsearch.com


"CLR Choice, Inc. is a real estate information company that seeks to enhance the real estate search experience by providing the data relevant to making an informed decision." CLRSearch.com




http://www.cyberhomes.com


"Cyberhomes™ valuations give you access to most of the same information that real estate professionals use to evaluate homes." CyberHomes.com




http://www.dothomes.com


"Consumers use DotHomes to quickly search over thousands of estate agent Websites across multiple countries, with relevant search results taking consumers to property listings on these Websites." DotHomes.com




http://www.homes.com


"Homes.com is a leading provider of real estate services, including property listings, brand advertising and marketing solutions, both online and in print." Homes.com




http://www.homescout.com


"HomeScout is a comprehensive, consumer-focused real estate web site from HomeGain, the leading, online source for connecting real estate professionals with homeowners and homebuyers. " HomeScout.com




http://www.roost.com


"Roost offers two services in parallel - a consumer search engine for places to live and a technology platform for REALTORS®." Roost.com




http://www.propbot.com


"PropBot.com's goal is to provide FREE unlimited property listings to REALTORS, brokers, property managers, for sale by owners (FSBO's), and the average landlord; while advancing property search and listing technology." Propbot.com




http://www.realestate.com


"RealEstate.com is the place to begin your search for real estate, whether you are looking to buy or sell a home or property." RealEstate.com




http://www.openhouse.com


"OpenHouse.com has approximately 15,000 to 20,000 open house listings in markets across the nation on any given weekend." OpenHouse.com




http://www.myrealty.com


"MyREALTY.com is a media company that focuses solely on real estate and that which is related to the real estate industry." MyRealty.com




http://www.teardowns.com


"The Company was founded after realizing first hand that the market lacked an efficient and effective way to buy and sell redevelopment property." TearDowns.com




http://www.movoto.com


"Whether it's your first time to buy a home or you've done it many times, you can count on Movoto for complete local home market information and introductions to top-rated agents with extensive real estate experience and in-depth local expertise." Movoto.com




http://www.foreclosure.com


"We deliver the latest, most complete residential foreclosure property listings in an easy, accessible format to our customers and business partners." Foreclosure.com




http://www.propertyhookup.com


"Our real estate investment software instantly calculates the house values for every residential real estate investment property on the market. It then filters all the house values and identifies the best priced real estate listings for sale in your area." PropertyHookup.com


http://www.robertjrussell.com, http://www.InsurancePricedRight.com, http://www.FreeDFWApartments.com





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Jul 15, 2009

Want to Buy a House ?


Buy a Ticket


RISMEDIA, July 15, 2009-(MCT)-With a housing market sinking to lows seldom seen in this country's history, some people are resorting to seldom-used practices to sell their houses.




Don and Karen Carroll count themselves among that group. With plans to move to Painesville Township, the Eastlake couple is trying to sell their home of five years but to this point haven't had much luck.


"Our house has been on the market for almost a month and a half, but only one person has come to look at it," said Don, 40. "That being the case, we're kind of worried."


So, they've come up with a Plan B.


"I was sitting in the living room last week, and I said to my husband, 'What if we tried to raffle this house?' " said Karen, 50. "Somebody in this big world had to have done it before."


In fact, someone has. Last year, a Maryland couple raffled off their four-bedroom farmhouse - which was appraised at $390,000 when it was first put on the market - by selling 6,289 tickets at a price of $100 each.


The entire process took about two and a half months and the raffle even raised about $225,000 for a charity of that couple's choice.


The Carrolls first hoped to do exactly the same but have since learned that Ohio law prevents them from doing so, Don said.


However, another entity - like a nonprofit organization - can conduct such a raffle, Don said, explaining that led the Carrolls to approach the Diabetes Association of Greater Cleveland in hopes of working something out.


"My mother just passed away last month from diabetes," said Karen, explaining why the couple chose the Beachwood-based nonprofit.


However, such a raffle would have to be approved by the association's board of directors and there are still a number of legal questions that must be answered, said Lori Izeman, director of development and communication.


"We're interested in looking at new streams of revenue, and this may be an exciting opportunity," she said. "We're thrilled they're thinking locally, because the Diabetes Association of Greater Cleveland is the only local nonprofit dedicated to diabetes. We're not part of a national organization."


Should things not work with the association, Don said he and his wife would look for other nonprofits in hopes of arranging a raffle.


"In my heart, I think this could be a successful thing for whichever organization was willing to do it," he said.


In the meantime, the three-bedroom, one-bathroom raised-ranch house at 1259 E. 362nd St. is still up for sale. It's been appraised at $115,000, Don said.


Realtor Daryl Poe, who along with wife Georgia is the Keller Williams Realty agent for the house, said the couple would likely sell their home before any raffle if a buyer stepped forward.


Still, he gives the Carrolls credit for deciding to raffle the house.


"As a Realtor, it didn't bother me," Poe said. "You got people thinking outside the box."


Copyright (c) 2009, The News-Herald, Willoughby, Ohio


Distributed by McClatchy-Tribune Information Services.






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