Comments on: Redfin October Newsletter: 61% of September Offers Competitive http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html Redfin Corporate Blog Sat, 11 Feb 2012 06:50:21 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Hello world! | Equity Resource Network http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html/comment-page-1#comment-10398 Hello world! | Equity Resource Network Sun, 03 Oct 2010 15:38:25 +0000 http://blog.redfin.com/?p=1780#comment-10398 [...] predicted that foreclosures would moderate in early summer 2010, allowing prices to stabilize.  This is exactly what has happened.  But it [...] [...] predicted that foreclosures would moderate in early summer 2010, allowing prices to stabilize.  This is exactly what has happened.  But it [...]

]]> By: The Market Was Quiet & Prices Were Calm (September Roundup) | Redfin Corporate Blog http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html/comment-page-1#comment-10378 The Market Was Quiet & Prices Were Calm (September Roundup) | Redfin Corporate Blog Wed, 29 Sep 2010 01:10:32 +0000 http://blog.redfin.com/?p=1780#comment-10378 [...] We have never seen big price drops caused by any other factor. Since late last year, Redfin has been predicting that foreclosures would moderate in early summer 2010, allowing prices to stabilize. This is exactly what has happened. But it [...] [...] We have never seen big price drops caused by any other factor. Since late last year, Redfin has been predicting that foreclosures would moderate in early summer 2010, allowing prices to stabilize. This is exactly what has happened. But it [...]

]]> By: Dude, Where Are The Homebuyers? (June Roundup) | Redfin Corporate Blog http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html/comment-page-1#comment-9162 Dude, Where Are The Homebuyers? (June Roundup) | Redfin Corporate Blog Wed, 30 Jun 2010 17:27:03 +0000 http://blog.redfin.com/?p=1780#comment-9162 [...] worrying about supply and started worrying about demand: last year, we saw plenty of buyers chasing a seemingly bottomless pit of foreclosures being sold at fire-sale prices. At the time, we said foreclosures wouldn’t peak until summer [...] [...] worrying about supply and started worrying about demand: last year, we saw plenty of buyers chasing a seemingly bottomless pit of foreclosures being sold at fire-sale prices. At the time, we said foreclosures wouldn’t peak until summer [...]

]]> By: Grey is Every Theory, Green is the Tree of Life | Redfin Corporate Blog http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html/comment-page-1#comment-7266 Grey is Every Theory, Green is the Tree of Life | Redfin Corporate Blog Wed, 02 Dec 2009 03:06:47 +0000 http://blog.redfin.com/?p=1780#comment-7266 [...] But it’s hard to understand complaints that we’re the ones boosting the market. Most of the screeds cite the huge number of foreclosures as evidence the market will keep dropping  (whereas we tend to think that a big increase in interest rates is the most important swing factor). But every Redfin newsletter already discusses foreclosures at length, using words like “scary” and “bottomless.” Here’s what we said about foreclosures last month: [...] [...] But it’s hard to understand complaints that we’re the ones boosting the market. Most of the screeds cite the huge number of foreclosures as evidence the market will keep dropping  (whereas we tend to think that a big increase in interest rates is the most important swing factor). But every Redfin newsletter already discusses foreclosures at length, using words like “scary” and “bottomless.” Here’s what we said about foreclosures last month: [...]

]]> By: November Newsletter: Markets Holdin’ Steady (Happy Thanksgiving!) | Redfin Corporate Blog http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html/comment-page-1#comment-7231 November Newsletter: Markets Holdin’ Steady (Happy Thanksgiving!) | Redfin Corporate Blog Wed, 25 Nov 2009 23:36:34 +0000 http://blog.redfin.com/?p=1780#comment-7231 [...] real incentive for most home-buyers is interest rates. Despite our prediction last month that mortgage interest rates were likely headed up a bit, rates actually fell further over the past [...] [...] real incentive for most home-buyers is interest rates. Despite our prediction last month that mortgage interest rates were likely headed up a bit, rates actually fell further over the past [...]

]]> By: jeffrey http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html/comment-page-1#comment-7083 jeffrey Thu, 19 Nov 2009 08:08:15 +0000 http://blog.redfin.com/?p=1780#comment-7083 You will be an Independent Contractor and getting paid on commission so you have the freedom to work any way you want. I would start off by calling some real estate offices and ask what the commission split is. For example one company may say 50/50 so each transaction you close the co. gets 50% you get 50%. Then there are companies that give 70% to you and they get 30% and you want to find the highest split to you. Since you are new make sure there are no desk fees or expenses they charge. However some things you will be required to pay most likely are Realtor fees, MLS fees, and you have to get a lock box key and they run over $100 for the key alone. The mls fees (To be online and work from home) are reasonable and you can pay a year at a time or every 6 months etc.. Now the next thing is what is called FLOOR TIME or OFFICE CARAVAN. Some companies require you to go on these events but if you say you want to be a part time agent they will understand and not require you to do this. Right now they will basically do anything you tell them as many agents are quitting real estate as they can't handle the challenging market. I myself am an agent and I personally think for you,this is the best market to start in! Because you are not starting at the best and highest part of the market only to see it crash on you. You are starting after the crash has already happened and the market is now in the improving stage. So even if you want to work full time just say Part time so they don't expect you to attend office meetings and caravans etc.. It is normal however that many top producers (Even me!) work a lot from our home also. Most of the time I work from the office but even at home I have a phone, internet, fax printer and I have sold many homes from my home. I would however strongly suggest you get a web site. Especially if you are working from home. You can get one just like mine below. <a href="http://www.appraisalfulfillment.com/" rel="nofollow">appraisal management</a> You will be an Independent Contractor and getting paid on commission so you have the freedom to work any way you want.

I would start off by calling some real estate offices and ask what the commission split is.

For example one company may say 50/50 so each transaction you close the co. gets 50% you get 50%.

Then there are companies that give 70% to you and they get 30% and you want to find the highest split to you.

Since you are new make sure there are no desk fees or expenses they charge.

However some things you will be required to pay most likely are Realtor fees, MLS fees, and you have to get a lock box key and they run over $100 for the key alone.

The mls fees (To be online and work from home) are reasonable and you can pay a year at a time or every 6 months etc..

Now the next thing is what is called FLOOR TIME or OFFICE CARAVAN.

Some companies require you to go on these events but if you say you want to be a part time agent they will understand and not require you to do this.

Right now they will basically do anything you tell them as many agents are quitting real estate as they can’t handle the challenging market.

I myself am an agent and I personally think for you,this is the best market to start in! Because you are not starting at the best and highest part of the market only to see it crash on you.

You are starting after the crash has already happened and the market is now in the improving stage.

So even if you want to work full time just say Part time so they don’t expect you to attend office meetings and caravans etc..

It is normal however that many top producers (Even me!) work a lot from our home also. Most of the time I work from the office but even at home I have a phone, internet, fax printer and I have sold many homes from my home.

I would however strongly suggest you get a web site. Especially if you are working from home. You can get one just like mine below.

appraisal management

]]> By: Nathan http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html/comment-page-1#comment-6733 Nathan Sat, 07 Nov 2009 16:44:09 +0000 http://blog.redfin.com/?p=1780#comment-6733 Perhaps this is my lack of knowledge in the real estate industry, but I feel confused every time I see new data on pricing. It doesn't seem like there is a real benchmark being used. For example, if we say that prices were up month over month (on sold or unsold homes), does that mean that the value of homes is going up? Or does that mean that only the more expensive homes are selling/for-sale? The difference between these two causes, I would argue, could change the decisions of buyers and sellers. Is there in fact a way to benchmark last month's data? Whether it's by some sort of price band, or even by home? Perhaps this is my lack of knowledge in the real estate industry, but I feel confused every time I see new data on pricing. It doesn’t seem like there is a real benchmark being used. For example, if we say that prices were up month over month (on sold or unsold homes), does that mean that the value of homes is going up? Or does that mean that only the more expensive homes are selling/for-sale? The difference between these two causes, I would argue, could change the decisions of buyers and sellers. Is there in fact a way to benchmark last month’s data? Whether it’s by some sort of price band, or even by home?

]]> By: Lance Pitt http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html/comment-page-1#comment-6670 Lance Pitt Fri, 30 Oct 2009 07:21:06 +0000 http://blog.redfin.com/?p=1780#comment-6670 Plunging housing prices, all time low interest rates, and tax credits are creating a favorable environment for renters to convert to homeowners. You may very well find that in today's market you are able to afford a larger home for the same amount of money or even less money than you are currently paying every month in rent. If you dream of having a home office, starting a family soon or expanding your family, now could be the best time to get the additional space that you need for the right amount of money. I have found a really interesting tool which has the ability to determine if a property is a good investment. It’s a smart real estate rating engine which provides lots of information & insight for making a safe real estate investment and can help produce positive cash flow for you. Look into http://www.smartzip.com/info/score Plunging housing prices, all time low interest rates, and tax credits are creating a favorable environment for renters to convert to homeowners. You may very well find that in today’s market you are able to afford a larger home for the same amount of money or even less money than you are currently paying every month in rent. If you dream of having a home office, starting a family soon or expanding your family, now could be the best time to get the additional space that you need for the right amount of money. I have found a really interesting tool which has the ability to determine if a property is a good investment. It’s a smart real estate rating engine which provides lots of information & insight for making a safe real estate investment and can help produce positive cash flow for you. Look into http://www.smartzip.com/info/score

]]> By: Tweets that mention Redfin October Newsletter: 61% of September Offers Competitive | Redfin Corporate Blog, Redfin October Newsletter: 61% of September Offers Competitive | Redfin Corporate Blog -- Topsy.com http://blog.redfin.com/blog/2009/10/redfin_october_newsletter_61_of_september_offers_competitive.html/comment-page-1#comment-6664 Tweets that mention Redfin October Newsletter: 61% of September Offers Competitive | Redfin Corporate Blog, Redfin October Newsletter: 61% of September Offers Competitive | Redfin Corporate Blog -- Topsy.com Wed, 28 Oct 2009 07:44:47 +0000 http://blog.redfin.com/?p=1780#comment-6664 [...] This post was mentioned on Twitter by Matt Goyer and Redfin, Jonathan D. Nicholas. Jonathan D. Nicholas said: Redfin October Newsletter: 61% of September Offers Competitive http://bit.ly/178qs3 [...] [...] This post was mentioned on Twitter by Matt Goyer and Redfin, Jonathan D. Nicholas. Jonathan D. Nicholas said: Redfin October Newsletter: 61% of September Offers Competitive http://bit.ly/178qs3 [...]

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