Listing Syndication is a Major Key to Online Real Estate Marketing
June 14th, 2008 Categories: REO & Foreclosure
For the last year or two, most real estate brokerages have been working hard to figure out all the best ways to place their listings on as many websites as possible. “Listing syndication” is the name for the entire conversation about how to accomplish that mission. It’s easy to talk a good game about this in front of a customer, but how does it really work in practice? What we’ve found is that we have to baby sit our new listings through lots of hands on enhancements and tweaks on each site. That’s a time consuming process! Listing syndication is perhaps the #1 challenge for real estate brokers in today’s market. Is your brokerage doing the hard work to really understand the details? How are you doing at implementation?
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Seven Reasons to Buy Hamilton Mill - Atlanta Area Bank Owned Homes
April 16th, 2008 Categories: REO & Foreclosure
Bank-owned homes, also known as REO homes (real estate owned), offer advantages over foreclosures. What distinguishes the REO home is that it has gone through the foreclosure process where no one was successful in bidding on it for purchase.
Why REO?
1) REOs are usually listed on the FMLS/MLS, so they’re easily searchable
2) REOs often include the appliances
3) REOs will sometimes provide an allowance for certain repairs by the lending bank
4) REOs are ordinarily improved to at least a salable condition whereas a foreclosure can be all over the board
5) REO homes can be inspected prior to contract unlike foreclosures at auction
6) Banks that own the REO property will sometimes provide better financing deals than they would with traditional properties
7) REO homes will have all liens against it removed and the taxes will be paid
Remember, banks are not in the home buying and home selling business, so they want to get rid of them quickly. REO homes provide opportunity to the diligent buyer.
If you would like additional information or would like to see which homes currently on the market within Hamilton Mill are bank owned, please give me a call or drop me an email and I will get the information to you within 24 hours. 678.279.4703 or Tom@DiamondDwellings.com.
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Diamond Dwellings announces co-sponsorship of Atlanta’s REtechSouth Conference
March 10th, 2008 Categories: video
Agents, Brokers & Builders are all marking their schedules for March 27, 2008. RE Tech South is the “first-of-it’s-kind” event for Atlanta Real Estate. A web 2.0 technology conference that will bring together some of the best in the industry from across the southeast –and across the US.
Here’s a short video about the event.
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Diamond Dwellings Launches REODwellings.com
February 29th, 2008 Categories: REO & Foreclosure
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