RE/MAX Has Been In Service for 35 Years
Although Realtor.com is the most commonly searched web site used by buyers and sellers, the RE/MAX web site trails Realtor.com. In some ways, it's easier to use and has more features than Realtor.com. For example, visitors can search comparable sales on the RE/MAX site, which is a feature still in the beta stage on Realtor.com.
RE/MAX was an early adopter of technology and giving the public access to MLS listings. It was one of the first to aggregate MLS listings from all over the country in 2005 and put them online.
This year marks 35 years of business for the franchisor RE/MAX. Its founders are still with the company, too, unlike other franchises . . . read more about RE/MAX.
More Articles by Elizabeth Weintraub:
- The Inside Scoop on Century 21
- Here is What Coldwell Banker Offers
- Everything You Ever Wanted to Know About Real Estate Agents
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Washington Politics at it’s Best!
President Bush signs a bill to rescue homeowners.
Change of heart. He first threatened to veto it, but after rethinking about it and saying basically that it was better than nothing, President Bush signed early today in the absence of the typical White House ceremony at the time of signing a new law, a bill that will rescue 400,000 homeowners from foreclosure and that provides assurance to the giants, recently in trouble, Fannie Mae and Freddie Mac.
Usually, the signing of a bill comes with a celebration, souvenirs for other politicians, etc… this time was different. This time, the signing of the bill came early in the morning, only a few White House aides and administrators were present, and the new law was announced by e-mail moments later.
The new law comes with a split decision, Republicans opposed it, and Banks and Home Builders support it.
Now, let’s be realistic, who will this new law benefit?
Homeowners cannot refinance because their home values are much less that what they owe, banks won’t take the risk. Banks are asking borrowers to have a perfect credit score, to be, what it’s known in the Real Estate business as A-Paper or full doc. Is this Washington Politics at it’s Best or is the President really making an extraordinary effort to “rescue” homeowners from loosing their most valued asset?
The Real Estate Market Starts Climing Again
During the past couple of years we’ve all seen a tremendous change in real estate in the country.
This change actually has spread all over, businesses loosing money while gas prices are extremely high.
The real estate market has become a big issue for all of us out there, we’ve seen many homeowners loosing their homes and struggling to find a home to rent because of their credit.
What happen to us?
Remember the bubble 4 years ago?
That’s exactly the answer, from years of prosperity and times of spending, traveling and investing in stocks and real estate, we are now experiencing another bubble but this time the bubble is going in a different direction and we are wondering what to do.
So real estate was going down and it’s still going down, some economists say that it will get stable in 2 years from now.
The sellers market became a buyers market, and today we all know it by now.
Investors and renters that saved their money for better days to buy to make money are in the market today, that’s making the real estate market busy.
Real estate agents that learn how to change with the market also learned how to make money from the changes, these real estate professionals are making lots of money and while we are all struggling for business they’re making the business.
Today you can get a home directly from the banks for almost half the price.
I’ve seen homeowners that are so desperate that they’re willing to give their homes for free, just come and take their loan and continue their payments.
On the other hand, investors are looking to buy homes in bulk, they can get homes $.50 on the dollar.
Some banks like bank of america and countrywide are selling hundreds of homes in bulk to investors at a discount prices.
So real estate agents are busy getting hundreds of listings and reo’s from banks, then they’re selling these homes at a low price to future homeowners and investors.
It’s definitely a buyer’s market like we had in the early 90’s, so if you’re an investor or a homeowner.
This is your time!