Many things affect the cost of building a typical house, but there are three big ones: size, complexity and the level of finish. Click Here To View More
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What is perhaps the coolest new residential construction building in the world? This one. I had to share this video with you….No words can explain…just watch: Urgent Short Sale Notice: Must attend Short Sale industry update. New fast close, direct assignment short sales. Learn how to become a Lender Preferred Short Sale Agent. Grab your spot for the FREE Short Sale Industry Update Training Event. Warning: Limited space available for this industry wide event. Register now! Visit msnbc.com for breaking news, world news, and news about the economy Click Here To View More
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Whether you’re in foreclosure or afraid you might end up there, now is the time to get in action. The prospect of losing one’s home is […] Click Here To View More
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As we have been reporting for several weeks, the Obama Administration has released their newest ‘Save Housing’ program… …..we are calling this sequel: HARP 2.0, Hope or Hype. Read all the details about HARP 2.0 HERE. Will this program work?…watch this video and share your thoughts: WARNING: Short Sales – love em or hate em, they’re here to stay! Go beyond the basic short sale designation. Watch the FREE Short Sale video and download the FREE Short Sale training guide.NOTICE: Free book guaranteed for first 100 agents only. Click Here To View More
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Will HARP 2.0 work? Watch this video and you tell me… …few things to consider: 1) There are 11,000,000 underwater owners in the US. (and growing). Estimates are that HARP 2.0 can only ‘help’ 10% of those underwater owners…big reason, the owner must be current on their mortgage. If you are late, don’t apply. Of the estimated 11 million underwater owners nearly half are already behind on their payments, in default. 2) HARP 2.0 has nothing to do with homes already foreclosed. There are millions of homes readying to become REO listings over the next 12-24 months. Millions of homes […] Click Here To View More
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Rarely does a week go by where we don’t get an email from a Tim and Julie Harris student asking how to buy bulk REOs. Simple answer…you can’t. Investors have been waiting in the shadows for Fannie Mae to create some sort of new program that would allow for the opportunity to purchase some of the excessive government owned REO inventory. Well, according to the head of the FHFA there are no plans for a investor program. Urgent Agent Alert: What do the top 5567 REO listing agents know that you don’t? Learn how to cash in on the REO […] Click Here To View More
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Source: WSJ.com Colby Sambrotto, a founder and former chief operating officer of ForSalebyOwner.com, a large website for owner sales, spent six months trying to sell his condominium himself through online listings and classified ads, before turning over the listing of the 2,000-square-foot apartment to a broker at Bond New York in November. The broker, Jesse Buckler, said he told Mr. Sambrotto the apartment in the Lion’s Head building on West 19th Street near Sixth Avenue was priced too low and wasn’t drawing the right buyers. By May, it went into contract, he said, after attracting multiple offers. It closed in […] Click Here To View More
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This weeks Daily Motivational Messages we are discussing the importance of Lead Follow Up…specifically, the new lead follow up rules for THIS market. Listen to todays message now. Here is what Seth Godin has to say about lead follow up… “A well-reported study found that the typical salesperson gives up after the fifth contact with a prospect. After five times, the salesperson figures she’s wasting her time and the prospects , quits and moves on. Of course, the study reports that 80 percent of these customers buy on the seventh attempt to close the sale. If only the salesperson had […] Click Here To View More
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Tim and Julie Harris Short Sale Questions, Answered. What happens when the bank thinks your short sale listing is worth more than the contract price….even more than the actual market price? This is a common problem that causes many short sales contracts to come apart. We asked HREU Short Sale Coach Michele McClintock how does she handle value disputes. Agents, submit your toughest short sale questions by commenting on this post. The Tim and Julie Harris short sale coaching team ( Kris and Kim Darney, Michele McClintock) will answer your toughest questions. Hi, I have a file that was declined […] Click Here To View More
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What is happening now for housing? * Distressed sales at 46.7% of the market. This is an increase from April. * Investors at 21.6%, down from 23% in april. * One of the only bright spots for residential housing…the u.s. apartment sector has been recovering at an astounding pace. There is a clear shift to renting from home ownership. * Some predict that home prices will continue to decline in the third quarter before flattening out at the end of 2011. HREU predicts that housing will stay in its currently deflationary state until late 2013-2014. QUESTION: Why do 3% of […] Click Here To View More
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More signs of life for housing. Following today’s surprisingly positive National Association of Realtors report on home sales we have more good news to share…an INCREASE in mortgage applications to purchase (vs refi). Clearly, more folks applying for a home loan will result in more home sales. A jump in U.S. mortgage application volume last week was fueled by consumer worries about a scheduled increase in insurance premiums from the Federal Housing Administration, the Mortgage Bankers Association said today. FACT: Most Agents Will Fail. Why? They waited too long to learn the new 2011 secrets how to list and sell short […] Click Here To View More
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I Love this CNBC Video….(So will you) ….believe it or not…good news for housing! If Real estate websites are any indication, how many clicks turn into closed real estate transactions start with visits to the major real estate sites. Zillow, Trullia, Realtor.com etc. To make this simple for you: Old way of predicting future home sales: Open House Traffic. New way of predicting future home sales: Visits to Real Estate web sites. The assumption is that the number of clicks is an early indicator that the number of buyers in the next 90 days is increasing. Get this, all the […] Click Here To View More
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Agents, I bet you didn’t know that other than the US only DENMARK has a 30 year mortgage…and in Denmark 20% down is the norm. In other words, in every other country in the world other that the USA (and Denmark) when someone buys a home they have to put 20% down…and finance the home for usually 15 years. In our country, owning a home has become somewhat of an entitlement. For almost 40 years it was considered an adult rite of passage to buy a home. This is coming to an end. Fellow agents, assume the 30 year mortgage […] Click Here To View More
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Tim and Julie Harris students (and future students) please share this post with everyone… ….your blog, Facebook, Tweet it….do everything you can to support California Association of Realtors. What happens in California will happen in your market. March 10, 2011 An important message from the CALIFORNIA ASSOCIATION OF REALTORS®: I write on behalf of the CALIFORNIA ASSOCIATION OF REALTORS®, whose 170,000 members continue to witness the devastating consequences the home foreclosure crisis is having on California’s families, neighborhoods, and communities on a daily basis. The number of families affected by foreclosure is staggering. During the past three years, more than […] Click Here To View More
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We are not often publishing press releases on this site but, this is an exception. The National Association of Realtors truly are our only voice in D.C. We need to do everything to reinforce their efforts to keep homeownership front and center. The National Association of Realtors® month-long Home Ownership Matters Bus Tour kicks off this weekend in Chicago outside of the Chicago Flower & Garden Show on Saturday, March 5. Chicagoans can speak with NAR leaders and invited local officials about the housing issues that matter to them, as well as learn about how public policy developments in Washington […] Click Here To View More
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Great video…worth watching. Listen for their stats on ‘Strategic Defaults’…”up to 25% of all defaults may be strategic” …and another interesting number…”10,000,000 underwater homeowners” Stan Humphries, chief economist of Zillow Inc., and Michael Feder, chief executive officer of Radar Logic Inc., talk about the outlook for the U.S. housing market. They speak with Carol Massar and Su Keenan on Bloomberg Television’s “Street Smart.” (Source: Bloomberg) Click Here To View More
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Join Tim and Julie Harris for this week’s FREE Superstar Interview. Featured this week is… HGTV Star…HREU Student….Collette McDonald. Here is the info you need to attend: VENT: Super Star Interview DATE & TIME: Friday, January 7th at 9:00am Pacific FORMAT: Simulcast! (Attend via Phone or Webcast — it’s your choice) TO INSTANT TELESEMINAR, CLICK THIS LINK NOW… http://InstantTeleseminar.com/?eventid=16920129 Here are a few of the questions you will have answered when you attend: 1. How long have you been in RE and why did you become a Realtor? 2. Tell us how you become involved with HGTV? 3. How does […] Click Here To View More
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Tim and Julie Harris students featured in their local news…(Congrats!) Great ABC News story about short sales closing faster and easier. If you aren’t listing and selling short sales..I have one question for you: Why not? Short Sales are the market in virtually every major US housing market. Watch the FREE Agent Short Sale Secrets video and download the FREE Short Sale book after you have checked out this ABC News Story. Click Here To View More
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I will get right to it…. If you missed the Bank Of America, Tim and Julie Harris training event you simply must listen to the replay now. (…the call was completely full and I apologize if you were shut out..the system was over capacity.) Here is the instant free replay, you can listen now: Exclusive Tim and Julie Harris, Bank of America Executive Interview On this historic call you will have all o these questions answered: 1) What is the current state of real estate market nationwide? 2) Levels of Shadow Inventories, how big..and how bad? 3) Bank of America […] Click Here To View More
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Tim and Julie Harris 2011 Real Estate Industry Predictions. Mid 2010 we released these 3 educational videos. In these videos we made predictions what would happen in the second half of 2010…and our predictions for 2011. Watch these videos, see how we did with our predictions…and learn what you need to be doing now… Video 1 Video 2 Video 3 Click Here To View More
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