Real State News


Five Ways Bargain Hunting For Homes Can Backfire
It's natural to want to save money when you're making a purchase as large as a home. You want to buy the best home in the best neighborhood at the best price, and to do that, you may think you have to shop in the bargain bin. Here are five ways a low price can backfire on you:

Your House Usually Isn't Worth As Much As You Think
It's a seller's market! Those two words get everyone that's about to put their house on the market all giddy. But "seller's market" doesn't mean license to be a real estate snob. Somewhere between what the last people paid for a house like yours and the highest price suggested to you by a REALTOR - that's your sweet spot. But pinpointing it isn't always easy. Here are five tactics that will help.

Tech boom fallout: $1.8M teardown under contract in Silicon Valley
Coldwell Banker Residential Brokerage listing agent Debbie Wilhelm is upfront in the listing description: “Property is not habitable. Property is located in a flood zone. Prospective buyers to drive or walk around property only.” She hints at what you might ...

Things get ugly when agents outnumber transactions
There are more licensed agents in Westport and Weston, Connecticut, than there are transactions each year, Coldwell Banker agent Evi Coghlan reports. The result? Homeowners get “bait and switch” letters from real estate agents who claim to have out-of-state buyers ...

Realtors at Coldwell Banker office say, ‘Stop us, before we win the lotto again!’
A Coldwell Banker Premier Real Estate office in South St. Louis County, Missouri, has produced a third big lotto winner in two years. “It’s positive energy. That’s how we sell homes,” says Coldwell Banker agent Kimberly DeLapp, who won $100,000 ...

Why Realtors haven’t been able to turn SEO into a major source of leads
If you’re not a professional online marketer or a Web programmer -- and most real estates agents are not -- the term search engine optimization (SEO) is intimidating. You know it is really important to how your website attracts potential clients, but you may not know how to make that happen ...

The good news in finance this week was not what you might think
Financial markets have stopped their hysterics for now, so let’s get some other things straight. Things about mortgage and other credit. Simple things. FDR’s first fireside chat in 1933 was devoted to simple explanations of banking. The next day Will ...

Zillow CEO: Trulia acquisition could close this year, Pete Flint expected to stay on
Zillow CEO Spencer Rascoff says the company’s had “a lot of conversations with the Federal Trade Commission” over its planned acquisition of rival Trulia, and he’s “confident that the deal will close late this year or early next, and that ...

Redfin signs second homebuilder to custom listing service
Redfin has begun marketing the listings of a Chicago-area homebuilder, the second company to sign on to a custom listing service for builders the brokerage launched last fall. Redfin Builder Services, a listing service offered by Redfin that promises to bring “massive ...

Boutique real estate brokerage sells 50 percent stake to big developer
One of New York City’s biggest developers, The Related Companies, has bought a 50 percent ownership stake in CORE, one of the city’s most well-known boutique residential real estate firms, The New York Times reported. Terms of the deal were ...

And you thought time-lapse video was cool
Check out photographer Julian Tryba's "layer-lapse" video, which time-shifts footage of multiple objects or regions within the same scene -- shot at different times of day from the same camera angle -- and plays it all back in a simultaneous flow. Whoa! Are real estate videos about to get trippy ...

5 myths about mega producers
Mega real estate producers are an enigma. They have secrets and magic formulas and know things the rest of us don’t, which is why they’re so much more successful than everyone else, right? Ironically, some of the biggest misconceptions about top producers are also the biggest reasons many agents don’t and won’t ever achieve that level of success ...