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><channel><title>Real Estate Industry Watch</title> <atom:link href="http://www.realestateindustrywatch.com/feed/" rel="self" type="application/rss+xml" /><link>http://www.realestateindustrywatch.com</link> <description>Real Estate News - Free and Up to the Minute</description> <lastBuildDate>Sat, 04 Feb 2012 00:45:37 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.3.1</generator> <item><title>VA loans rise in popularity, lower foreclosure rates than others</title><link>http://www.realestateindustrywatch.com/va-loans-rise-in-popularity-lower-foreclosure-rates-than-others/</link> <comments>http://www.realestateindustrywatch.com/va-loans-rise-in-popularity-lower-foreclosure-rates-than-others/#comments</comments> <pubDate>Sat, 04 Feb 2012 00:45:37 +0000</pubDate> <dc:creator>Chris Birk</dc:creator> <category><![CDATA[Marketing]]></category><guid
isPermaLink="false">http://www.realestateindustrywatch.com/?p=3509</guid> <description><![CDATA[The VA loan program had a monster year in FY11, and it&#8217;s in the middle of a monster stretch, triggered in no small way by a more restrictive lending industry. The VA backed almost 360,000 loans last year, a 14-percent increase from FY10. That&#8217;s good for a 168-percent increase since FY07, when the agency guaranteed [...]]]></description> <content:encoded><![CDATA[<p>The VA loan program had a monster year in FY11, and it&#8217;s in the middle of a monster stretch, triggered in no small way by a more restrictive lending industry. The VA backed almost 360,000 loans last year, a 14-percent increase from FY10. That&#8217;s good for a 168-percent increase since FY07, when the agency guaranteed a little more than 133,000 mortgages.</p><p>What&#8217;s more, the VA loan has emerged as the safest lending product on the market. VA loans have had the lowest rate of foreclosure and serious delinquency over the last 14 quarters and 11 quarters, respectively, according to the Mortgage Bankers Association. That&#8217;s even including prime loans.</p><p>Thousands of soldiers are preparing to return home from the Middle East and Afghanistan in the coming months. Their return, coupled with a surging interest in refinance loans, may put 2012 in the VA record books when the fiscal year comes to a close this fall.<div
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href="http://www.realestateindustrywatch.com/realtors-see-stimulus-bill-as-possible-housing-stabilizer/" title="Permanent link to REALTORs see Stimulus Bill as possible Housing Stabilizer">REALTORs see Stimulus Bill as possible Housing Stabilizer</a></li><li> <a
href="http://www.realestateindustrywatch.com/brazil-enjoying-a-growing-number-of-potential-housing-buyers/" title="Permanent link to Brazil Enjoying a Growing Number of Potential Housing Buyers">Brazil Enjoying a Growing Number of Potential Housing Buyers</a></li><li> <a
href="http://www.realestateindustrywatch.com/realtytrac-adds-new-loan-to-value-and-equity-tools/" title="Permanent link to RealtyTrac adds New Loan to Value and Equity tools">RealtyTrac adds New Loan to Value and Equity tools</a></li><li> <a
href="http://www.realestateindustrywatch.com/lesson-unlearned-home-buyers-still-dont-understand-mortgage/" title="Permanent link to Lesson Unlearned: Home Buyers still don&#8217;t understand mortgage">Lesson Unlearned: Home Buyers still don&#8217;t understand mortgage</a></li></ol></div> ]]></content:encoded> <wfw:commentRss>http://www.realestateindustrywatch.com/va-loans-rise-in-popularity-lower-foreclosure-rates-than-others/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Coldwell Banker buying up brokerages. Again.</title><link>http://www.realestateindustrywatch.com/coldwell-banker-buying-up-brokerages-again/</link> <comments>http://www.realestateindustrywatch.com/coldwell-banker-buying-up-brokerages-again/#comments</comments> <pubDate>Thu, 02 Feb 2012 12:55:52 +0000</pubDate> <dc:creator>Eric Blackwell</dc:creator> <category><![CDATA[Franchise Watch]]></category><guid
isPermaLink="false">http://www.realestateindustrywatch.com/?p=3500</guid> <description><![CDATA[In yet another example of a franchise buying up offices at this difficult time for brokerages, it was reported that Coldwell Banker has bought yet another brokerage in Connecticut. The brokerage will now operate under Coldwell Banker&#8217;s franchise with the original owners still working inside of the franchise as REALTORS. With valuations of brokerages MUCH [...]]]></description> <content:encoded><![CDATA[<p>In yet another example of a franchise buying up offices at this difficult time for brokerages, it <a
href="http://www.hartfordbusiness.com/news22428.html">was reported</a> that Coldwell Banker has bought yet another brokerage in Connecticut. The brokerage will now operate under Coldwell Banker&#8217;s franchise with the original owners still working inside of the franchise as REALTORS.</p><p>With valuations of brokerages MUCH lower than in recent memory, it seems that some franchises are taking the opportunity to build their brand with strategic mergers and acquisitions. For struggling brokers (or those who have decided that they just want to get back to selling), the opportunity to sell their business and get back to the sales side of the business can offer much less pressure and much less stress.<div
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href="http://www.realestateindustrywatch.com/coldwell-banker-loses-a-major-las-vegas-brokerage/" title="Permanent link to Coldwell Banker loses a major Las Vegas Brokerage">Coldwell Banker loses a major Las Vegas Brokerage</a></li><li> <a
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href="http://www.realestateindustrywatch.com/listhub-launches-real-estate-network/" title="Permanent link to ListHub launches Real Estate Network">ListHub launches Real Estate Network</a></li></ol></div> ]]></content:encoded> <wfw:commentRss>http://www.realestateindustrywatch.com/coldwell-banker-buying-up-brokerages-again/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Century 21 Superbowl ad features Donald Trump, Deion Sanders, and Apolo Ohno</title><link>http://www.realestateindustrywatch.com/century-21-superbowl-ad-features-donald-trump-deion-sanders-and-apolo-ohno/</link> <comments>http://www.realestateindustrywatch.com/century-21-superbowl-ad-features-donald-trump-deion-sanders-and-apolo-ohno/#comments</comments> <pubDate>Mon, 30 Jan 2012 14:06:46 +0000</pubDate> <dc:creator>Eric Blackwell</dc:creator> <category><![CDATA[Franchise Watch]]></category><guid
isPermaLink="false">http://www.realestateindustrywatch.com/?p=3478</guid> <description><![CDATA[In their first Superbowl ad ever, Century 21 has released previews (teasers) of their ad, which celebrates the abilities of their agents as being Smarter, Bolder and Faster. These abilities will be depicted in the commercial by Donald Trump, Deion Sanders and Apolo Ohno. &#8220;Our agents are the very heart of our business, so it [...]]]></description> <content:encoded><![CDATA[<p>In their first Superbowl ad ever, Century 21 has released previews (teasers) of their ad, which celebrates the abilities of their agents as being Smarter, Bolder and Faster. These abilities will be depicted in the commercial by Donald Trump, Deion Sanders and Apolo Ohno.</p><p>&#8220;Our agents are the very heart of our business, so it was important for us to create an ad that celebrates their capabilities,&#8221; said Bev Thorne, chief marketing officer, Century 21 Real Estate LLC. &#8220;The Super Bowl is the last great campfire for the American family. For most consumers, it&#8217;s centered in the home and the home is the center of the services we&#8217;re in business to support.&#8221;</p><p>The teasers, behind-the-scenes footage and the final Super Bowl commercial are on its website, century21.com/superbowl . The ad will be hosted as well as on a customized Facebook application and upgraded YouTube brand channel. In addition to the third quarter advertisement, CENTURY 21 is a broadcast sponsor of the 3:30 &#8211; 4:00 p.m. block of the pre-game show on NBC and will have more than a dozen other pregame commercial spots. The total cost of the ads was not available.</p><p>&#8220;The timing couldn&#8217;t be better for CENTURY 21 Real Estate to advertise in the Super Bowl, and I&#8217;m happy to be a part of it,&#8221; said Trump. &#8220;The truth is many Americans believe in the value of homeownership and for people who are in the position to buy, this is a great opportunity to either enter the market or move up into a better home.&#8221;</p><p>The shift in marketing from client focused to agent focused seems to be a growing trend in the real estate industry among franchisors.</p><div
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href="http://www.realestateindustrywatch.com/century-21-buy-real-estate-in-we-city-mobile-game/" title="Permanent link to Century 21 buys real estate in We City mobile game">Century 21 buys real estate in We City mobile game</a></li><li> <a
href="http://www.realestateindustrywatch.com/century-21-enters-slovakia-market/" title="Permanent link to Century 21 Enters Slovakia Market">Century 21 Enters Slovakia Market</a></li><li> <a
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href="http://www.realestateindustrywatch.com/century-21-franchisor-in-china-going-public/" title="Permanent link to Century 21 franchisor in China going public?">Century 21 franchisor in China going public?</a></li></ol></div> ]]></content:encoded> <wfw:commentRss>http://www.realestateindustrywatch.com/century-21-superbowl-ad-features-donald-trump-deion-sanders-and-apolo-ohno/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>San Diego Brokerage pulls syndicated listings and opens conversation.</title><link>http://www.realestateindustrywatch.com/san-diego-brokerage-pulls-syndicated-listings-and-opens-conversation/</link> <comments>http://www.realestateindustrywatch.com/san-diego-brokerage-pulls-syndicated-listings-and-opens-conversation/#comments</comments> <pubDate>Sat, 28 Jan 2012 00:15:05 +0000</pubDate> <dc:creator>Eric Blackwell</dc:creator> <category><![CDATA[Headlines]]></category> <category><![CDATA[Marketing]]></category><guid
isPermaLink="false">http://www.realestateindustrywatch.com/?p=3465</guid> <description><![CDATA[Abbott Realty Group (ARG) in San Diego may not have fired the first shot in the &#8220;to syndicate or not&#8221; battle, but they may have fired the loudest one by far. The 25 agent office in San Diego today officially pulled their syndicated listings, and released a video to their clients and colleagues in the real estate industry [...]]]></description> <content:encoded><![CDATA[<p><strong>Abbott Realty Group (ARG) in San Diego </strong>may not have fired the first shot in the &#8220;to syndicate or not&#8221; battle, but they may have fired the loudest one by far. The 25 agent office in San Diego today officially pulled their syndicated listings, and released a video to their clients and colleagues in the real estate industry to open what looks like a long running battle. Their listings will be pulled from Trulia, Zillow, Realtor.com, Craig&#8217;s list and all third party sites.</p><p>In the video Jim Abbott, managing broker of Abbot Realty Group offers clear and detailed reasons about his objections to third party lead generating companies, even going to the point of describing how a &#8220;buyer lead&#8221; is often processed through a call center at a lead generator, and how most third party websites sell advertising space right next to ARG listings to other REALTORS who may or may not be experts in the area.</p><p>We have included their video in its entirety below so that you may view the case that they make AGAINST syndicating listings. We invite you to comment after viewing it as to what your views are for your particular firm and area.</p><p>&nbsp;</p><p><center><iframe
src="http://www.youtube.com/embed/P4pZ0zJdfAY" frameborder="0" width="560" height="315"></iframe></center><div
class="betterrelated"><p><strong>Related stories:</strong></p><ol><li> <a
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href="http://www.realestateindustrywatch.com/zillow-files-for-ipo/" title="Permanent link to Zillow files for IPO">Zillow files for IPO</a></li></ol></div> ]]></content:encoded> <wfw:commentRss>http://www.realestateindustrywatch.com/san-diego-brokerage-pulls-syndicated-listings-and-opens-conversation/feed/</wfw:commentRss> <slash:comments>6</slash:comments> </item> <item><title>Coldwell Banker loses a major Las Vegas Brokerage</title><link>http://www.realestateindustrywatch.com/coldwell-banker-loses-a-major-las-vegas-brokerage/</link> <comments>http://www.realestateindustrywatch.com/coldwell-banker-loses-a-major-las-vegas-brokerage/#comments</comments> <pubDate>Fri, 27 Jan 2012 22:58:04 +0000</pubDate> <dc:creator>Eric Blackwell</dc:creator> <category><![CDATA[Franchise Watch]]></category><guid
isPermaLink="false">http://www.realestateindustrywatch.com/?p=3462</guid> <description><![CDATA[According to a Las Vegas Sun story posted here, Wardley Real Estate has cut ties with franchisor Coldwell Banker and have aligned themselves with Leading Real Estate Companies of the World, a franchisor that focuses less on national advertising and branding and more on creating a referral network between brokerages around the country. “We strongly believe [...]]]></description> <content:encoded><![CDATA[<p><iframe
id="twttrHubFrame" style="top: -9999em; width: 10px; height: 10px; position: absolute;" name="twttrHubFrame" src="http://platform.twitter.com/widgets/hub.1326407570.html" frameborder="0" scrolling="no"></iframe></p><p>According to a Las Vegas Sun story posted <a
href="http://www.lasvegassun.com/news/2012/jan/27/las-vegas-area-real-estate-brokerage-cuts-ties-col/">here,</a> Wardley Real Estate has cut ties with franchisor Coldwell Banker and have aligned themselves with Leading Real Estate Companies of the World, a franchisor that focuses less on national advertising and branding and more on creating a referral network between brokerages around the country.</p><p>“We strongly believe the money we would have spent with Coldwell Banker going forward can be invested much more productively here in the Las Vegas community,” Jeff Sommers, president of Wardley Real Estate, said in a company statement.</p><p>This reflects similar views of a number of franchisees who would rather pay marketing costs directly&#8230;and locally than work as part of a coordinated nationwide effort.</p><p>The sole remaining Coldwell Banker franchisee in Las Vegas is Coldwell Banker Premier Realty, whose owner Bob Hamrick commented that they are happy to be once again the only Coldwell Banker franchise holder in Las Vegas. He indicated that the strong Coldwell Banker presence in California aided their brokerage in sales in the Las Vegas market.</p><p>&nbsp;<div
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href="http://www.realestateindustrywatch.com/coldwell-banker-buying-up-brokerages-again/" title="Permanent link to Coldwell Banker buying up brokerages. Again.">Coldwell Banker buying up brokerages. Again.</a></li><li> <a
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href="http://www.realestateindustrywatch.com/remax-sues-las-vegas-realtor/" title="Permanent link to Remax Sues Las Vegas Realtor">Remax Sues Las Vegas Realtor</a></li></ol></div> ]]></content:encoded> <wfw:commentRss>http://www.realestateindustrywatch.com/coldwell-banker-loses-a-major-las-vegas-brokerage/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>You have a choice.</title><link>http://www.realestateindustrywatch.com/you-have-a-choice/</link> <comments>http://www.realestateindustrywatch.com/you-have-a-choice/#comments</comments> <pubDate>Sun, 15 Jan 2012 15:12:46 +0000</pubDate> <dc:creator>Eric Blackwell</dc:creator> <category><![CDATA[REALTOR thought of the day!]]></category><guid
isPermaLink="false">http://www.realestateindustrywatch.com/?p=3459</guid> <description><![CDATA[Yeah, this is a tough economy right now, but you have a choice. You can give up or change what it is that you do. That is the great thing about our industry. We are very much free to build our business how we want to. Don&#8217;t want to work with foreclosures? There are luxury homes. Don&#8217;t see the [...]]]></description> <content:encoded><![CDATA[<blockquote><p>Yeah, this is a tough economy right now, but you have a choice. You can give up or change what it is that you do. That is the great thing about our industry. We are very much free to build our business how we want to. Don&#8217;t want to work with foreclosures? There are luxury homes. Don&#8217;t see the market rising for luxury homes, then there is relocation.</p></blockquote><div
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href="http://www.realestateindustrywatch.com/jane-pannier-chosen-as-acting-president-and-ceo-of-realtors-fcu/" title="Permanent link to Jane Pannier chosen as acting President and CEO of REALTORS FCU.">Jane Pannier chosen as acting President and CEO of REALTORS FCU.</a></li><li> <a
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href="http://www.realestateindustrywatch.com/home-buyers-pulling-plug-granite-countertops/" title="Permanent link to Home Buyers and Sellers Pulling the Plug on Granite Countertops">Home Buyers and Sellers Pulling the Plug on Granite Countertops</a></li><li> <a
href="http://www.realestateindustrywatch.com/us-foreclosures-reach-record-highs/" title="Permanent link to US Foreclosures Reach Record Highs">US Foreclosures Reach Record Highs</a></li></ol></div> ]]></content:encoded> <wfw:commentRss>http://www.realestateindustrywatch.com/you-have-a-choice/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Coldwell Banker brokerage acquires Chicago KW brokerage</title><link>http://www.realestateindustrywatch.com/coldwell-banker-brokerage-acquires-chicago-kw-brokerage/</link> <comments>http://www.realestateindustrywatch.com/coldwell-banker-brokerage-acquires-chicago-kw-brokerage/#comments</comments> <pubDate>Sun, 15 Jan 2012 15:06:17 +0000</pubDate> <dc:creator>Eric Blackwell</dc:creator> <category><![CDATA[Franchise Watch]]></category><guid
isPermaLink="false">http://www.realestateindustrywatch.com/?p=3456</guid> <description><![CDATA[One of the facts about the real estate industry today is that there is going to be consolidation. Brokerages get bought out and assimilated by stronger firms. The difficult real estate economy makes this simply a matter of course. Coldwell Banker has announced the acquisition of Keller Williams Gold Coast in Chicago&#8217;s 4 office and [...]]]></description> <content:encoded><![CDATA[<p>One of the facts about the real estate industry today is that there is going to be consolidation. Brokerages get bought out and assimilated by stronger firms. The difficult real estate economy makes this simply a matter of course. Coldwell Banker has announced the acquisition of Keller Williams Gold Coast in Chicago&#8217;s 4 office and around 200 agents.</p><p>Under the terms of the deal as reported <a
href="http://yochicago.com/coldwell-banker-acquires-keller-williams-offices/25220/">here</a>, the organization will operate under the Coldwell Banker banner, the companies said. Coldwell Banker Residential Brokerage (who is the acquiring brokerage) is part of NRT, which is a subsidiary of Realogy, which is also the franchor. The brokerage currently has 3,300 sales associates and is the largest brokerage firm in the US.</p><p>&#8220;We are excited about adding this highly reputable group of real estate professionals to our company, expanding our city team and growing our already significant market share,&#8221; said Fran Broude, president and COO of Coldwell Banker Residential Brokerage, in a statement.</p><p>&nbsp;</p><p>&nbsp;<div
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href="http://www.realestateindustrywatch.com/coldwell-banker-buying-up-brokerages-again/" title="Permanent link to Coldwell Banker buying up brokerages. Again.">Coldwell Banker buying up brokerages. Again.</a></li><li> <a
href="http://www.realestateindustrywatch.com/market-leader-and-dotloop-to-power-new-keller-williams-marketing-platform/" title="Permanent link to Market Leader and DotLoop to power new Keller Williams marketing platform">Market Leader and DotLoop to power new Keller Williams marketing platform</a></li><li> <a
href="http://www.realestateindustrywatch.com/keller-williams-and-citimortgage-announce-national-mortgage-pact/" title="Permanent link to Keller Williams and CitiMortgage announce national mortgage pact">Keller Williams and CitiMortgage announce national mortgage pact</a></li><li> <a
href="http://www.realestateindustrywatch.com/listhub-launches-real-estate-network/" title="Permanent link to ListHub launches Real Estate Network">ListHub launches Real Estate Network</a></li></ol></div> ]]></content:encoded> <wfw:commentRss>http://www.realestateindustrywatch.com/coldwell-banker-brokerage-acquires-chicago-kw-brokerage/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>4 Crucial Reasons that Realtors should use Pinterest</title><link>http://www.realestateindustrywatch.com/4-crucial-reasons-that-realtor-should-use-pinterest/</link> <comments>http://www.realestateindustrywatch.com/4-crucial-reasons-that-realtor-should-use-pinterest/#comments</comments> <pubDate>Fri, 13 Jan 2012 10:50:27 +0000</pubDate> <dc:creator>Lisa Lambert</dc:creator> <category><![CDATA[Tech Watch]]></category><guid
isPermaLink="false">http://www.realestateindustrywatch.com/?p=3444</guid> <description><![CDATA[Pinterest’s member list has grown exponentially in just a matter of months. They have quickly gained just over 4 million members since their launch.  It’s a site lovingly referred to as “fantasy football for girls.” While the new social sharing site has a large female following, male followers are quickly coming aboard. Pinterest is a [...]]]></description> <content:encoded><![CDATA[<p
style="text-align: left;" align="center">Pinterest’s member list has grown exponentially in just a matter of months. They have quickly gained just over 4 million members since their launch.  It’s a site lovingly referred to as “fantasy football for girls.” While the new social sharing site has a large female following, male followers are quickly coming aboard. Pinterest is a site geared towards things like interior design, fashion, DIY &amp; crafts, photography and home décor.  It is meant to be a site for individuals to connect but your business should be engaging here as well.</p><p
style="text-align: left;"><strong>Why Your Business Should Be There</strong></p><p
style="text-align: left;"><strong>Social Engaged Users:</strong>  Individuals from around the internet are sharing their likes, styles and know-how with each other and resharing.  This site isn’t about getting followers.  Pinterest is meant to simply find cool stuff and share it.  It’s a way for you to stay on top of what is trending with your audience.</p><p
style="text-align: left;"><strong>Visually Building Links:  </strong>Talk about an SEO win! The site works by users sharing an image from a website but the image links back to the original website.  Even when something is ‘repinned’ the link still points back to the original website.</p><p
style="text-align: left;"><strong>Branding Your Company’s Style: </strong>Pinterest is a great way to allow your audience to get a sense of your company style and direction. Also having others pin or repin your boards allows your brand to become marketed and raved about.  That says a lot about your brand to have a community sharing and talking about you.</p><p
style="text-align: left;"><strong>Local Links &amp; SEO:</strong> More and more people are using “Jupiter, FL” or “Your City, Your State” in comments and links whenever they can.  Featuring local links about your community will showcase your awareness of your market.</p><p
style="text-align: left;"><strong>Marketing Tips &amp; Pinning Etiquette</strong></p><p
style="text-align: left;"><strong>Think of the Audience: </strong>The Pinterest community has been mostly geared toward design, fashion, DIY &amp; Crafts, photography, home décor, and interior design.  When categorizing your boards make them useful to your audience.  Some examples of a few boards might be: Wine &amp; Food in City, City Name Faces, City Name Places, Kitchen &amp; Dining Spaces, etc.</p><p
style="text-align: left;"><strong>Your Pin Should Be Awesome:</strong> A photo that you use to pin to a board should be stunning.  Since pins take you back to the original website, you want people to be intrigued.</p><p
style="text-align: left;"><strong>It’s Not All About You: </strong>A really bad strategy would be cramming your boards with your products (homes) only.  You should act as an individual, be helpful to others, and share with/for others.</p><p
style="text-align: left;">So are you ready to using Pinterest? Pinterest is by invitation only.  You can go to the website and request an invite or if someone you know has an account, simply ask them to send you an invitation.  Once you are a member, invite as many people as you want from your sphere and network.  Pinterest does not allow businesses to blatantly promote themselves.</p><div
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href="http://www.realestateindustrywatch.com/google-australias-real-estate-search-sends-international-shockwaves/" title="Permanent link to Google Australia&amp;amp;amp;amp;amp;amp;#039;s Real Estate Search Sends International Shockwaves">Google Australia&amp;amp;amp;amp;amp;amp;#039;s Real Estate Search Sends International Shockwaves</a></li><li> <a
href="http://www.realestateindustrywatch.com/how-to-use-google-1-for-realtors/" title="Permanent link to How to use Google +1 for REALTORS">How to use Google +1 for REALTORS</a></li></ol></div> ]]></content:encoded> <wfw:commentRss>http://www.realestateindustrywatch.com/4-crucial-reasons-that-realtor-should-use-pinterest/feed/</wfw:commentRss> <slash:comments>7</slash:comments> </item> <item><title>ListHub launches Real Estate Network</title><link>http://www.realestateindustrywatch.com/listhub-launches-real-estate-network/</link> <comments>http://www.realestateindustrywatch.com/listhub-launches-real-estate-network/#comments</comments> <pubDate>Wed, 11 Jan 2012 13:26:23 +0000</pubDate> <dc:creator>Jim Salazar</dc:creator> <category><![CDATA[Franchise Watch]]></category> <category><![CDATA[Marketing]]></category><guid
isPermaLink="false">http://www.realestateindustrywatch.com/?p=3440</guid> <description><![CDATA[With RE/MAX, Coldwell Banker, and Century 21 among the first franchisor / publishers to join in, Move Inc owned ListHub, a syndication service, has formed the Real Estate Network or REN. As announced in their press release, ListHub envisions this as a way to better control how listings are viewed. &#8220;ListHub&#8217;s Real Estate Network answers [...]]]></description> <content:encoded><![CDATA[<p>With RE/MAX, Coldwell Banker, and Century 21 among the first franchisor / publishers to join in, Move Inc owned ListHub, a syndication service, has formed the Real Estate Network or REN. As announced in their press release, ListHub envisions this as a way to better control how listings are viewed.</p><p>&#8220;ListHub&#8217;s Real Estate Network answers an industry need to promote listings on high-visibility franchisor and broker network websites in a way that maximizes and ensures broker control,&#8221; said Move CEO Steve Berkowitz. &#8220;As an organization committed to online property listing integrity and respect for the content owner&#8217;s rights, this is an industry-friendly initiative Move is uniquely positioned to lead. We are excited to expand the value we bring to our broker and franchise customers, as well as to our MLS partners.&#8221;</p><p>The new network will include over 376 MLSs and 43,000 brokerages who will have the opportunity to syndicate their listings to the network.</p><p>&#8220;ListHub&#8217;s Real Estate Network will enable us to offer accurate and timely information for display with a single set of nationwide rules so we can connect with more consumers and drive more value for our sales associates,&#8221; said Margaret Kelly, chief executive officer of RE/MAX. &#8220;The Real Estate Network is a welcome opportunity to compete on an equal footing with non-industry sites and provide broad exposure for listings represented by many different brokers.&#8221;</p><p>Is this a response to the ongoing debates at NAR regardling MLS rules? For large franchisors, this move appears to free them to compete on the same playing field as Zillow, Trulia and other synicators.<div
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isPermaLink="false">http://www.realestateindustrywatch.com/?p=3410</guid> <description><![CDATA[It was announced by Brookfield Real Estate Services today that they will consumate deals on January 1, 2012 for several Canadian brokerages to become franchisees under both their Roal LePage and Via Capitale brands. The deals according the press release will be 80% cash on the first of January totalling $2.6 MM with an additional [...]]]></description> <content:encoded><![CDATA[<p>It was<a
href="http://www.newswire.ca/en/story/899111/brookfield-real-estate-services-inc-announces-acquisitions"> announced by Brookfield Real Estate Services today</a> that they will consumate deals on January 1, 2012 for several<br
/> Canadian brokerages to become franchisees under both their Roal LePage and Via Capitale brands. The deals according the press release will be 80% cash on the first of January totalling $2.6 MM with an additional 20% payment after one year according to the terms of their MSA.</p><p>This is expected to bring in a revenue stream of roughly $500,000 in franchise fees across both brands. This appears to be a strong bet by Brookfield that the brokerage services market will have a reasonably strong 2012, that their new franchisees will be able to retain agents, and that the longer term looks favorable for the real estate market.<div
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