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Tim Smith

Mish's Global Economic Trend Analysis: The Changing Business of Real Estate (Part 1) - 0 views

  • Like it or not (and the NAR doesn't like it one bit) the business of buying and selling a home is changing
  • Joe Fox said the percentages in Iggy's Facts come straight from the NAR. So if 64% of home buyers find a home without the help of an agent (24% online and the rest driving around neighborhoods or by other means),
  • BuySide Realty operates on the principle that people who find the home they want to buy should get paid for their effort. So BuySide actually shares with the buyer 75% of the commission
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  • a $500,000 home with a 6% commission spit equally, BuySide Realty would return $11,250 to the buyer of the house. If the commission was split 4% to the buyer's agent (not uncommon in this market) BuySide Realty would return $15,000 to the new home buyer
  • BuySide keeps the other 25% for providing expert advice
  • Once you register you can print out a business card to hand to the agent at any open house you attend. BuySide will also arrange appointments on your behalf
  • BuySide agents are paid a regular salary as opposed to the commission based structure
  • distinguishing feature of the BuySide model is pre-approval not just pre-qualification. Before scheduling a private showing on any listing in their system, a buyers must be pre-approved. If someone can not afford a house they want to look at, it simply will not be shown
  • Currently BuySide is doing business in 5 states: Illinois, California, Florida, Virginia, and Georgia
    • Tim Smith
       
      in another article as of april 5-07. buyside is ready to do business in washington state and texas. t.s. cbww
  • Buyside expands to all 50 states, that is going to result in a big dent in the pockets of real estate agents as buyers flock to take advantage of BuySide's significant improvement over the current business model
  • These changes will dramatically affect the current real estate commission structure and who benefits.
  • Joseph Fox, CEO of both BuySide Realty and its sister company IggysHouse
  • "In contrast, our model is based on service, customer satisfaction, and trust".
  • BuySide will be rolling out additional states soon and eventually plans to be in all 50 states.
  • Tomorrow we will take a look at the sell side of the equation from BuySide's sister organization known as Iggys. I will have some final thoughts at that time as well. Stay tuned.
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Arun togara

Get Government Grants on your First home - 0 views

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    First home buyer, you will benefit from the government's First Home Owner Grant, stamp duty savings of 40% on the cost of land. First home buyer grabs the benefit now.
Ed Mortiz

FHA Mortgages Popular Among First Time Home Buyers - 0 views

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    Are you a first-time home buyer? You should find out why an FHA home loan is popular with other first-time home buyers.
steve harmison

Foreign investors push first home buyers out of property market - Australian Broadcasti... - 0 views

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    There are concerns that foreign interest in Australian residential property is pushing up prices, making it harder for local first home buyers to enter the market.
marrivers

Advice To Consider When Selling Your Home - 0 views

There's currently a problem in the real estate market with misinformation. And it's not that some people are out there lying about how the market works. It's just that the market has changed and no...

started by marrivers on 21 Oct 14 no follow-up yet
Ed Mortiz

FHA Mortgages Popular Among First Time Home Buyers - 0 views

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    Arizona first time home buyers are opting for FHA mortgages. AZ mortgage brokers have seen an increase in FHA loans the past couple of years. The reason is FHA offers borrowers more flexibility than conventional Fannie Mae or Freddie Mac mortgages and requires minimum lower down payments of 3.5%. Lending guidelines are less strict than conventional mortgages and require lower credit scores.
James Wat

Reason to Invest in 3 BHK Apartments in Gurgaon - 0 views

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    When it comes to the real estate industry and that too of Gurgaon, it would not be wrong to say that this magical city has the most promising and largest realty market in the country. This is the reason that many investors as well as buyers prefer to invest in this beautiful city so as to real the great benefits in future. Now you can conveniently buy 2 BHK flats or 3 BHK Apartments in Gurgaon because this city offers you plenty of residential options with best of lifestyle amenities to choose from.
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    When it comes to the real estate industry and that too of Gurgaon, it would not be wrong to say that this magical city has the most promising and largest realty market in the country. This is the reason that many investors as well as buyers prefer to invest in this beautiful city so as to real the great benefits in future. Now you can conveniently buy 2 BHK flats or 3 BHK Apartments in Gurgaon because this city offers you plenty of residential options with best of lifestyle amenities to choose from.
marrivers

Important Things To Consider Before Putting Your Property On The Market - 1 views

When you are in the market to sell a piece of real estate, there are a lot of things that you need to take into consideration. The tips outlined in this article will assist you whether you are just...

started by marrivers on 06 Oct 14 no follow-up yet
James Wat

How to Buy 2 BHK Apartments in Gurgaon - 0 views

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    When it comes to buying the 2 BHK apartments in Gurgaon, it would not be wrong to say that many property buyers are showing their keen interests to own these magical properties. Before buying the 2 BHK apartments in Gurgaon, you need to be a bit attentive and follow these important points to get a best property in this magical city.
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    When it comes to buying the 2 BHK apartments in Gurgaon, it would not be wrong to say that many property buyers are showing their keen interests to own these magical properties. Before buying the 2 BHK apartments in Gurgaon, you need to be a bit attentive and follow these important points to get a best property in this magical city.
James Wat

How to Buy 2 BHK Apartments in Gurgaon - 0 views

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    When it comes to buying the 2 BHK apartments in Gurgaon, it would not be wrong to say that many property buyers are showing their keen interests to own these magical properties. Before buying the 2 BHK apartments in Gurgaon, you need to be a bit attentive and follow these important points to get a best property in this magical city.
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    When it comes to buying the 2 BHK apartments in Gurgaon, it would not be wrong to say that many property buyers are showing their keen interests to own these magical properties. Before buying the 2 BHK apartments in Gurgaon, you need to be a bit attentive and follow these important points to get a best property in this magical city.
John Wat

Say Yes to Healthy & Luxury Life with Ashiana Mulberry Sohna Road - 0 views

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    Finally the wait is over as the most awaited project- Ashiana Mulberry is here exclusively for you. Being an ideal housing creation, Ashiana Mulberry Sohna Road Gurgaon is grabbing the attention of all the potential buyers and offering them cosmopolitan lifestyle.
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    Finally the wait is over as the most awaited project- Ashiana Mulberry is here exclusively for you. Being an ideal housing creation, Ashiana Mulberry Sohna Road Gurgaon is grabbing the attention of all the potential buyers and offering them cosmopolitan lifestyle.
James Wat

2 BHK Apartments in Gurgaon: The Preferred Choice of Everyone - 0 views

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    Many of you will surely agree on the fact that after emerging as the nerve centre of India's technical, industrial and corporate activities, the very beautiful Gurgaon city has started grabbing the lots of limelight. 2 BHK apartments in Gurgaon have now become the preferred choice of many potential buyers as these homes are not only beautiful but worth buying as well.
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    Many of you will surely agree on the fact that after emerging as the nerve centre of India's technical, industrial and corporate activities, the very beautiful Gurgaon city has started grabbing the lots of limelight. 2 BHK apartments in Gurgaon have now become the preferred choice of many potential buyers as these homes are not only beautiful but worth buying as well.
envision294

Tallahassee cash buyer - 0 views

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    If you want to sell your house fast then call the leading house buyers in Tallahassee. We're a fair family owned and operated business.
Ed Mortiz

Getting a Home Loan with Downpayment Gift: Vital Information You Must Know - 0 views

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    Shopping for mortgage is better with mortgage pre approval since it gives people an idea whether they can get approved of a loan or not. But more than the loan itself, buyers must know key details about downpayment, especially for lucky individuals who can get downpayment gift.
Jeff Denning

Find Best Home and Condos Property in Edmonton - 0 views

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    Many property buyers are getting attracted to Edmonton, to invest in its real estate sector. Edmonton is not a crowded city, but the recent growth, industry and infrastructure development have got many people to invest in real estate here.
New York City Real Estate

TOP 3 ESSENTIALS OF HOME STAGING FOR NYC APARTMENTS - 0 views

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    Proper staging is one of the most important things to do in order to sell a NYC apartment for a good price, regardless of the current market trend. The best brokers in the city know exactly how important property staging is and how to pull it off in order to attract the right type of buyers. Listed below are the top 3 essentials of home staging for NYC apartments as well as practical tips on how to get a great deal on staging services.
Rajat Kumar

REAL ESTATE BUYERS EXPECTATIONS FROM NEWLY-ELECTED GOVERNMENT Gurgaon News, Gurgaon Pro... - 0 views

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    As we all know that general elections, the prime elections in a democratic country like India, are planned in April-May 2014. And now the whole nation is pinioning its expectations with it. Almost all the major industries are expecting great expectations from the upcoming government whereas Real estate industry too expects that more and more good changes will be conducted by upcoming government and state of affairs will change for the better future.
happold

8 Reasons Why Buyers Want Off-Market Properties - 52 Properties - 0 views

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    In the world of real estate investing, we know you have many different options to acquire real estate properties. The markets have heated up again and so has the desire for off-market properties. Why off-market properties? What is the basis of the desire for these listings?
Casa Capital

Property & Real Estate Investment in Australia - 0 views

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    America's market for Real Estate is large and varied. The market today provides some good bargains and a wide selection for any buyer who wants to purchase Property in America. 
Casa Capital

Property In America For Sale | Tumblr - 0 views

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    America's market for Real Estate is large and varied. The market today provides some good bargains and a wide selection for any buyer who wants to purchase Property in America. 
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