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Entries Tagged as 'reo'

Realogy announces more office consolidations

March 25th, 2008 · Comments Off

Realogy Corp. officials on Monday detailed continued plans to cut costs through office consolidations and other actions in response to the reeling real estate market.

After consolidating about 67 company-owned brokerage offices in 2007, Realogy has plans to consolidate or reduce in size an additional 70 company-owned office locations during the first two quarters of this year, said Richard A. Smith, company president and CEO, during an earnings conference call Monday.  more…

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Tags: Industry News · Inman Real Estate · Real estate brokerage · apollo · brokerage · coldwell · consolidation · glenn robers jr. · realogy · reo

Foreclosure property tours catch on across the country

March 12th, 2008 · Comments Off

Busloads of home buyers are hopping aboard the foreclosure bandwagon in search of bargains, and real estate agents and brokers are supplying the wheels and deals in markets across the country.

Ruth and John Ahlbrand, who own and manage RE/MAX Central, a Las Vegas brokerage company, bought a 40-seat luxury coach and wrapped it with advertising that features their TourVegasHomes.com Web site and the company’s phone number.  more…

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Tags: Industry News · Inman Real Estate · Real estate brokerage · bank-owned · brokerage · bus · foreclosure · home buying · las vegas · orlando · phoenix · reo

If you’re not on LinkedIn, you’re missing out

March 7th, 2008 · Comments Off

Generating referrals is a key part of the real estate business. Are you ready to take this old standby and update it for 2008?

When most agents start the business, they normally make a list of the people they know who may send referrals to them. There are several reasons that this approach typically generates only one or two transactions:

  • Friends and family know that the agent is new to the business.

  • The agent may lack an adequate knowledge of the inventory or the ability to close buyers and sellers effectively.  more…

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Tags: Agent advice · Industry News · Inman Real Estate · agents · bernice ross · linkedin · realtor · referrals · reo