Real Estate Information

Take A Shotgun Approach


An effective real estate advertising strategy entails a 'shotgun' approach. A shotgun approach includes online internet ads, regular print ads in major real estate publications (AJC) of the property's location, as well as popular local area publications (Creative Loafing) and full use of real estate signs. "A picture is worth a thousand words", so cut your advertising costs by curtailing your ad verbiage and letting your online ad promote the property.

See the example below:

"SANDY SPRINGS Awesome 6 BR, 4 BA Renovation Marvel in Sandy Springs! See details atwww.homeadvancementllc.com/SH-0010.htm. $499,000; 404-428-1176."

Additionally, keep a watchful eye on your signage. The yard sign should be situated so that it can be seen from both traffic directions. Directional signs should be placed at all major intersections in the property's immediate vicinity and situated so they "direct" traffic towards the property. Since presentation is about appearance, replace worn or soiled signage regularly. Just think of how often you tend to ignore such signs during your routine commutes.

If you're willing to pay a 2 - 3% buyer's agent commission, increase your exposure and reduce your sale horizon by complimenting your internet ad with a Flat Fee MLS. Successful realtors often use a shotgun approach facilitated by the MLS and associated realtor networks.

Barry Milteer
President
Home Advancement, LLC
http://www.homeadvancementllc.com/PartnerServices_1.htm


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More than 40 states signed onto a proposed $25-billion deal with major mortgage servicers over faulty foreclosure practices. New York, Nevada and Delaware joined California in holding out for better terms.

More than 40 states signed onto a proposed $25-billion settlement with major mortgage servicers over faulty foreclosure procedures, but California, New York and other key states were still not among them.



California has until Monday to share in a multi-state deal with banks to obtain mortgage relief and reforms. Atty. Gen. Kamala Harris, who walked away from talks last year, says the door remains open.

With a Monday deadline at hand, California officials have resumed direct talks with the Obama administration about joining a multibillion-dollar, multi-state mortgage settlement with the nation's largest banks, a source said Sunday.



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They don't believe they can sell their property for what it's worth, so they're spending money on making their homes more comfortable.

Do you fit any of these descriptions?



A biennial research report by the National Assn. of Realtors indicates that a handful of real estate agents and brokers and their clients either don't know the law or don't care to follow it.

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The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages.

 



The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments.



The Standard & Poor's/Case-Shiller index of 20 large U.S. cities fell 1.3% in November from October as foreclosures continue to drag down the housing market.

Three straight months of home-price declines in the biggest U.S. cities showed that foreclosures remain a significant drag on a housing market that is entering its fifth year of deterioration.



L.A. Clipper Chris Paul may be quick down the court, but he moves pretty fast when it comes to buying multimillion-dollar real estate too.



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