|
|
|
Mississippi Real Estate – The Magnolia State
Mississippi is a state known for having a classic southern style. Mississippi real estate is some of the cheapest in the land.
Mississippi
Named after the Mississippi River, Mississippi is a state holding on to its history. Much of the state...
Real Estate Marketing Online -- The Power Of Headlines
Real estate marketing online is about getting people to stop when they visit your website.
Then you must get them to follow a desired path through the site. This path leads to your ultimate goal, which involves the reader contacting you directly...
Renting Out Your Basement
Some homeowners consider their basement a wasted space. It's used for storage, they say, and maybe during tornado watches, but for the most part, it can be a vast unused area just dying for some renovation. With property values on the rise, many...
The Value of Antique Grandfather Clocks -
These days, everything from ovens to telephones silently mark the minutes in glowing red and green letters, rendering the “tick tock” of the mechanical clock increasingly unnecessary. Digital clocks might be more convenient and accessible, but...
Will The New "For Sale By Owner" Program Rock The Real Estate Industry?
First of all, let's talk about what makes the For Sale by Owner (FSBO) industry so hot. FSBO is normally used to describe homeowners who choose to sell their homes themselves and don't use a real estate company in that process. They advertise in...
|
|
| |
|
|
|
|
|
|
Wealthy Americans Confident Real Estate Boom Will Last
Linknet Real Estate News Digest - December 22, 2005 - In spite of worrying signs that the real estate market is slowing down, a survey of wealthy Americans indicates most remain confident property values will continue to appreciate.
In a survey conducted by The PNC Financial Services Group, Inc., 65% of those surveyed said they expect to see double-digit increases in value over the next five years. Almost 1 in 3 (31%) think they will see an increase of 20% or more.
According to Nicholas Buss, senior vice president of PNC, "as an investment, real estate has been an increasingly dominant asset class over the past five years... In general, wealthy Americans have not been speculative buyers and they remain solidly confident in the long term..."
The survey of almost 1,500 wealthy individuals across the country showed significant regional differences. New Englanders were most conservative in their expectations; Californians were close to the national average; Floridians were twice as bullish as the average, reflecting the soaring property values of the last few years in their part of the country.
==>Agents Aplenty as Market Cools Down
In many regions of North America, the boom in real estate seduced many people to turn to real estate for a chance to cash in. For example, in Maryland, Virginia and the DC area, the number of licensed agents has almost doubled in the last six years. The Northern Virginia real estate association has been adding about 300 new agents every month. And across the US there was a record high of 2.5 million agents by the end of 2004.
This has made the agent market much more competitive. And now that the market seems to be cooling, industry observers expect many newbies to soon leave the business.
As Susan Haskins, president of the Northern Virginia Real Estate Association said, "What you're seeing now are a lot
of people coming into the business thinking they can make a lot of money quickly and easily. But they often have no idea of the hours that you have to put in, or the commitment. And they will not last very long."
==>Rookie Agents get the smallest commissions
Traditionally, real estate agents across the U.S. have made between 6 and 7% of the sale price of a home. This is usually split between the buying and the listing agent. But the hot market and the entry of many hungry new agents into the field has made things more competitive.
The overheated market has been giving sellers the impression that houses almost sell themselves, and this has led to cut rate listing. For instance, some internet-based discount services charge a flat fee or as little as 1.5% to get a listing the the local MLS system.
And of course there are FSBO sites (For Sale By Owner) which circumvent real estate agent fees altogether.
The way real estate commissions are shared between agents and brokers varies across the country and around the world. Agents usually pay a portion of their commission to their broker to cover office and administrative fees. But these arrangements vary from office to office and even from agent to agent. New agents often have to pay their broker as much as half their commission. More experienced agents can sometimes set their terms. And the big producers may get to keep their entire commission.
About the Author: Linknet News summaries in article and RSS format. | Real Estate Articles - Free articles about Real Estate | Kitchener Real Estate.
Source: www.isnare.com
|
|
|
|
|
| Real Estate, Property, Land and Homes for Sale, lease and rent ... |
| Comprehensive real estate and property listings. Includes information on buying and selling, tips on building, an auction timetable and other helpful ... |
| www.realestate.com.au |
|
| Real Estate | Homes for Sale | Houses for Sale | MLS Listings ... |
| RealEstate.com provides home listings , homes for sale , REALTORS , house listings , apartment locating services. We have Florida real estate , Texas ... |
| www.realestate.com |
|
| REALTOR.com: Real estate listings & homes for sale |
| Search for a new home or find mortgage rates, real estate agents, and relocation services throughout the US, Canada, and Puerto Rico. |
| www.realtor.com |
|
| Real Estate on Yahoo! Real Estate - Homes, Mortgage Rates, School ... |
| Yahoo! Real Estate is the most comprehensive place for real estate, housing market information, school reports, local mortgage rates and more! |
| realestate.yahoo.com |
|
| Find Your Home Value, House Values and Prices on Yahoo! Real Estate |
| Yahoo! Real Estate - Free instant home values and comparable home valuations for millions of houses. Check your home's price or any house value. |
| realestate.yahoo.com |
|
| Real Estate, Houses for Sale, Rentals, Commercial and Businesses ... |
| Real Estate, Houses for Sale, Rentals, Commercial and Businesses for sale at Realestate.co.nz. |
| www.realestate.co.nz |
|
| Real Estate - Buy, Sell or Rent a Home - New York Times |
| Online real estate listings for properties in New York and nationwide. |
| www.nytimes.com |
|
| Century 21 Real Estate Agents and Brokers |
| Agency with franchised offices throughout the United States, Canada, Europe, Latin America, the Middle East and Asia. Find local offices and agents, ... |
| century21.com |
|
| Zillow - Your Edge in Real Estate |
| Zillow provides a free Home Valuation Tool for Real Estate enthusiasts. Whether you're an agent, broker, buyer of investment property or first time ... |
| www.zillow.com |
|
| STLtoday - Homes |
| Real estate agent revels in the boom in downtown St. Louis living ... [more real estate news as seen in the St. Louis Post-Dispatch] ... |
| www.stltoday.com |
|
| Real estate - Boston.com |
| Boston Real Estate - Search the Boston Globe and Boston.com for Massachusetts Real Estate, Boston Condos, Land for sale, Vacation Rentals and more. |
| www.boston.com |
|
| ABCs of Real Estate |
| Real Estate ABCs consumer tips, hints, and resources for home buyers, sellers, and mortgage borrowers. |
| www.realestateabc.com |
|
| washingtonpost.com - Washington DC real estate, Maryland real ... |
| Washington, DC, Virginia and Maryland homes, real estate news and headlines. [Registration required] |
| www.washingtonpost.com |
|
| Coldwell Banker Real Estate Corporation |
| Real Estate from Coldwell Banker ®. Buying a home, selling a home, or finding a real estate agent is easy with Coldwell Banker. Find a home, sales associate ... |
| www.coldwellbanker.com |
|
| Detroit News Online | Real-Estate |
| Sellers around the state have been frustrated with the slow sales patterns of Michigan real estate over the past year or two. But buyers have been enjoying ... |
| www.detnews.com |
|
| Newsday.com - Long Island Real Estate for Nassau County and ... |
| In a real estate market increasingly defined by niches, ... Real Estate Resources. Search by school district for recent home sales in Nassau and Suffolk ... |
| www.newsday.com |
|
| Real Estate for Sale, Rent and Share @ Domain.com.au |
| Real Estate for Sale, Rent and Share @ Domain.com.au. Houses and apartments for sale or rent all over Australia. Thousands of properties in Sydney, ... |
| www.domain.com.au |
|
| Luxury real estate news and features - Forbes.com |
| Luxury real estate news and features at Forbes.com. Core topics include real estate, mansions, condos, co ops, oceanfront realty, second homes, ... |
| www.forbes.com |
|
| Real Estate News - Prices, Mortgages, and Calculators from CNNMoney |
| Latest on mortgages, refinancing, & home tips from CNNMoney.com. Calculators for refinancing, mortgage payments and more. |
| money.cnn.com |
|
| Los Angeles, California, national and world news, jobs, real ... |
| Los Angeles' leading online source for local, state, national, world, entertainment, and sports news. Plus jobs, real estate, cars and shopping information ... |
| www.latimes.com |
|
|