Dec

19
2011

Debating the value of real estate aggregators

A big recent news event in real estate was the acquisition of Prudential Real Estate and Relocation Services by Canada-based Brookfield Residential Property Services.

Brookfield RPS paid between $110 million and $135 million, according to news reports.  more...

Dec

13
2011

Soaring student loan debt to delay homeownership, boost rentals

<a href="http://www.shutterstock.com/gallery-50527p1.html">Student debt image</a> via Shutterstock.com.

Student loan debt now totals $865 billion, which is greater than all credit card debt outstanding, as well as all other types of household debt except for mortgages.

College graduates have debt averaging $25,000. Even more troubling is the rise in debts associated with for-profit college and trade schools, whose revenues come primarily from debt available through federal government programs.  more...

Dec

8
2011

Bulk REO sales 'don't appear to be the answer' for all markets

Re: 'Bulk REO sales bypass Realtors' (Nov. 28)

Dear Editor:

This will not only bypass Realtors, but it will also deplete the number of sales that appraisers can use as comparables. There are few sales available in our market now, and in many areas there are only REOs (real estate owned, or bank-owned properties).  more...

The quest for quality in real estate services

<a href="http://www.shutterstock.com/gallery-91897p1.html">Service stamp image</a> via Shutterstock.com.

Real estate agents in our industry spend millions of dollars as a group annually to become a Realtor and to stay a member of the Realtor family. As someone who cut their teeth working with some of the most highly trusted brands in the world like Fisher-Price, Sesame Street and others, I have a few observations of the real estate industry's branding efforts.

First, when I ask most Realtors what makes them different than non-Realtors they say, "the code of ethics." While I appreciate the fact that those who live to the letter of the National Association of Realtors Code of Ethics may treat their customers differently, I would beg to differ that the code is a strong brand differentiator.  more...