Date Archives July 2007

Jim Duncan to Speak at Inman News Real Estate Connect San Francisco 2007

With a little help from a friend and some tweaking to the boilerplate release from Inman, I released this last week – Jim Duncan to Speak at Inman NewsReal Estate Connect San Francisco 2007Charlottesville, VA – July 6, 2007 – Jim Duncan, REALTOR® & blogger of Century 21 Manley Associates, will be a featured panelist at Real Estate Connect San Francisco 2007 this August 2nd, at 2 pm…. “Past speakers have included Seth Godin, Barry Diller, Netscape co-founder Marc Andreessen, Google co-founder Larry Page, and Priceline.com chairman Rick Braddock.”Real Estate Connect SF ’07 also includes four pre-conferences: Internet Marketing Boot Camp, Connect TECH, Broker Internet Session and Bloggers’ Connect…. A REALTOR® who has specialized in marketing, seller representation and buyer representation for the past six years, and has been a real estate blogger for the past two and a half, Jim has been regarded as a leader locally and statewide on real estate and technology issues. Jim’s blog, RealCentralVA, is regarded as one of the best sources of unbiased and accurate information and analysis in the Charlottesville region.About Real Estate Connect Real Estate Connect is the premier real estate, mortgage and technology conference, drawing the industry’s most influential decision makers, opinion leaders and technology experts into an active forum for discussion and debate.

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More on separating the commissions

Most likely, the buyers will have to educate the Realtors, and it might very well be a hard education for some….  It’s FREE to you.”The Imperative of Divorced Commissions, Part 2: The Inherent Value of FreeDivorcing the real estate commissions is simply a matter of HUD-1 bookkeeping effected by the mortgage lenderMy call to action from earlier this year for an end to the seller “offering” the buyer’s agent commission.There is momentum.  See Todd in Arizona and Kris in San Diego who says it best:Which brings me back to the wisdom of divorcing commissions and the future of the opportunists who aspire to feed on the buyer coop carrion….  And when the agents representing the buyers have nothing to give away but conversely have to place a price on their services and actually charge their clients directly, the associated accountability will only benefit the buyer… and the Redfin’s of this world will no longer have a shtick.

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Charlottesville used to be #1

Thanks to Money Magazine for the recap.Since then the city’s population has held fairly steady, although the greater Charlottesville area has seen a boom in residents.  MONEY’s was one of the first of a host of best-place listings, followed coincidentally or not — by a near tripling of housing prices in less than a decade.  These days a four-bedroom home easily costs $400,000, and that’s before you update the kitchen.  In response, city officials have lowered property taxes.By the way, the City (nor the County of Albemarle) hasn’t “lowered taxes.”

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Charlottesville first-half market update to be released today

One note referencing this report:Currently we have just over 3,400 homes on the market and the median price of these homes is $330,000….  In our market area (Charlottesville, Albemarle, Fluvanna, Greene Louisa and Nelson) there are about 2,500 homes on the market.And, referencing this – There were 1,882 homes sold in the first six months of 2007, which was down 385 (- 17%) from last year.True….  In our immediate market area, 1,547 homes were sold in the first six months of this year, versus 1,971 in the same time period last year.  Down 21%, Year over Year.I mentioned this clarification in a detailed analysis in January and again last month.

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On-Demand information is a necessity

His leaving town and putting a note in one of the four bills of the year would be like me trying to show property today using one of the MLS books from when I was a kid – immediately outdated and inaccessible to most who need the information.  Consumers want to have the information and they want it now (I certainly do).What he (and every business) needs is a blog, if only to say “thank you” to his customers and let them know when he’s going out of town….  I came across this post yesterday – How Many Friend and Sharing Apps Can a Soul Have?Part of being a good Realtor in today’s world is being available, being connected (on and off-line) and providing good, useful, relevant information….  Yet, I am very, very reachable.I have yet to have anybody contact me because they found me on one of the various social networks, because most of the general real estate consumer population aren’t early adopters.

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