It’s likely you’ve heard the term “short sale” thrown around quite a bit. What exactly is a short sale? A short sale is when a bank agrees to accept less than the total amount owed on a mortgage to avoid having to foreclose on the property. This is … [Read more...]
Diffusion Index of Foot Traffic: Improving
Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to … [Read more...]
The Search for ACCURATE Real Estate Information
The other day Marc Davison, a good friend and founder of the marketing, design & strategy firm 1000watt, forwarded us a booklet released by Ford entitled 13 TRENDS FOR 2013. It is a must read for all businesses as it clearly states the thirteen … [Read more...]
Appraisers: Neighbors affect your home’s value
You know that neighbor with the perfect lawn, well-behaved pets, and a beautiful exterior? Yeah, forget about him. Look at the other neighbor — the one with that yappy Chihuahua, overgrown yard, and Justin Beiber blasting from the bedroom … [Read more...]
Charlottesville’s Denise Ramey explains homebuyer savings accounts
Denise Ramey, 2013 president of the Charlottesville Area Association of Realtors, spoke to a local CBS affiliate about the proposed homebuyer savings accounts that VAR’s introduced as part of its 2013 Legislative Agenda — why they would … [Read more...]
Client got mice? Don’t use d-Con
The British company that makes d-Con mouse and rat poisons has refused to make its product safe to be used around children, so the EPA has banned them. That means if you use any d-Con products in a listing that you think might have a mouse problem … [Read more...]
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