This from my Arizona Republic real estate column (permanent link): We’re wired Realtors, and we always have been. The very first thing I did as a Realtor was to set up a web site to attract clients. We made money on the internet from the very beginning. Since then, we’ve adopted every new idea that’s […]
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The base anticipation that precedes any journey to a new destination is always more vivid for me than the denouement that accompanies the physical descent to earth. With rare exception (perhaps Paris and maybe Vegas), the image I conjure up in my two dimensional mind beforehand always seems to fall somewhat short of the real […]
by Brian Brady
Commercial Real Estate Finance Expert
Structured Debt and Equity
Licensed Real Estate Broker in AL, CA, and FL
AREBOT.com, which stands for the American Real Estate Board of Trade, is the name of the company that intends to open up the demand-side statistics, by voluntary submission of properties, to an online NASDAQ-like market. DISCLOSURE: From this point forward, my opinion may be considered biased. I have a verbal agreement to receive site advertising […]
Per my earlier post regarding the evolution of technology driven real estate solutions, I believe the next generation of buyers and sellers will be more empowered to search, purchase and sell real estate themselves, without the services of a real estate professional. At the highest level, the success of an entirely virtual solution rests in […]
Real estate is the most unbusinesslike business in the history of business. I don’t want to defend that statement comprehensively, because it’s late and I’m tired, but I can offer some data points. When we sat down with Greg Tracy, I argued to him that licensing inhibits the kind of competition for reputation that we […]
About eleven months ago, I built a universal contact form for real estate webloggers. Just lately, I’ve revisited that code to add support for e-paging and other kinds of hyper-brief email-based messaging. Getting a form emailed to the office is a nice thing — unless you’re out previewing or inspecting all day. The new version […]
I want to apologize for the delay in getting this out until Saturday. Due to some technical difficulties and some new things I’m going to be implementing, Friday was spent working on computer issues. Yeah, I know, a fun way to spend a Friday….. So, here we are at the end of the week and […]
by Brian Brady
Commercial Real Estate Finance Expert
Structured Debt and Equity
Licensed Real Estate Broker in AL, CA, and FL
The FHA Hope For Homeowners program was designed for existing homeowners, struggling with mortgage payments and an “upside-down” equity position in their primary residence. It is a new program with lots of misinformation. Some believe it can only be offered by existing loan servicers, some think only participating lender/servicers can offer the program, and few […]
by Brian Brady
Commercial Real Estate Finance Expert
Structured Debt and Equity
Licensed Real Estate Broker in AL, CA, and FL
This Presidential election campaign is exciting to watch. Team Obama benefits from the continued free fall on Wall Street. Sean Purcell reminds us that folks on that side of the aisle like to say “I’m from the government, we’re here to help you” yet the other side is the one proposing massive government intervention by […]
We got to go to StarPower this year as guests of Russell and Wendy Shaw, which was very gracious on their part and positively dispositive on ours: We could not have made the trip without them. I’ll write more on our StarPower experience, because we came away with some very interesting ideas to play with. […]
In line with Chris Johnson’s post this morning, a charming real estate story from The American Spectator: Recently, I was contacted about a hot deal in Buckeye (the fast-growth, west side of Phoenix) by a very bright, young Phoenix wheeler-dealer. We’ll call him Tony (not his real name). Tony was, and still is, one of […]
Looking for the ultimate status symbol in Scottsdale? Drive a Porsche. In Manhattan? Maybe a co-op on Central Park West — and a Porsche. But in Seattle, if you want to make heads turn, get yourself some venture capital funding. Estately.com co-founders Galen Ward and Douglas Cole join that rarefied company today, snagging $450,000 in […]
As I mentioned on Real Estate Radio USA yesterday, Mary McKnight of RSSpieces.com will be joining us at BloodhoundBlog Unchained for a session called Real Estate Web Site Extreme Makeover. What we’re going to do is take a look at web sites and weblogs of audience volunteers and talk about how they might be improved […]
Last week I asked what would happen if my local real estate market were to become a “declining market.”This week brings a perspective from the Washington Post and the Consumerist that “declining markets” equate “redlining.”Redlining:Redlining refers to the illegal practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, national origin, etc., of the residents of the neighborhood in which the property is located. Redlining violates both the FH Act and the ECOA.Does the determination that a particular real estate market has declining values really equate racial redlining, or are the lenders using good judgement (something they seemed to have been lacking over the past few years)?Race is a tricky and always delicate topic, but I just don’t see the parallel between declining values and race.
Nota bene: Slightly amended. Reread carefully. I landed on Jeff Kempe’s weblog yesterday. In the way of the web, I don’t remember how I got there or why I came. But I spent a little while looking around, without quite realizing what I was looking for. And then it hit me: There’s no contact information. […]