Sunday, January 16, 2011

Real Estate in a Virtual World.: New Lender-Agent Collaborative Marketing System Generates New Purchase Loans

Building Consumer Relationships Together

The Lender-Agent Collaborative is an integrated marketing system that provides lenders with a process to develop relationships with real estate agents and customers. The system assists in cultivating a network of agents that promote you and refer new purchase business. In addition, potential home buyers will register and contact you for guidance in the mortgage loan process. 

 

Bottom Line . . . Real estate agents need transactions . . . and so do you!

 

 

View a video preview of the Lender-Agent Collaborative.

 

Partnering with Real Estate Agents

Obtain Buyer Referrals According to mortgage industry data, over 80% of home loans written are new purchase mortgages. Real estate agents typically refer their buyer clients to two or three loan officers in the home buying process. Imagine a network of buyer’s agents referring buyer clients to you every month regardless of market conditions. How can you attract agents to refer the business to you? Provide the agent with the resources that attract home buyers at no cost to them!

Integrated Market System Utilizing Cutting Edge Technology Tools

The Lender-Agent Collaborative marketing system utilizes cutting edge technology tools designed to attract home buyers and make it easy for them to search and buy property. The core is a website with blog functionality that can compete online with Zillow, Trulia, and Homes.com for local market dominance. The system features include:

  • SEO enhanced WordPress website – easy to edit Blogging platform – post articles that attract consumer interaction Lead generation through property listings – includes FSBO listings
  • Lead Generation System - Google based property search
  • Social Media marketing strategy – Facebook, Twitter, YouTube
  • Business development training – dominate your local market
  • Exclusive market areas
  • Weekly webinar for coaching and marketing support

The system encourages weekly marketing meetings between lenders and agents to develop local market presence, generate and convert home buyer leads.

Our company provides weekly marketing webinars to assist you in business development. We provide the training to develop your blog sites to obtain high search engine positioning, generate customer interaction and connect with motivated home buyers and sellers.

View a video preview of the Lender-Agent Collaborative.

The Lender-Agent Collaborative is a marketing system offered by Praxius Technology, a division of Virtual Homes.

Posted via email from Virtual Homes Real Estate

Tuesday, January 11, 2011

Waltham Massachusetts Real Estate Market Report for Q3 2010

Waltham Massachusetts Real Estate Market Report for Q3 2010

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By fdoleac

Waltham Homes and Condos Sold Activity

The Waltham MA Q3 real estate activity indicates a dramatic change in the trend as compared to the Q2 reports.  The second quarter 2010 activity reported increases in single family homes, condominiums and average sales prices over 2009 statistics.  In Q3, home values declined sharply and condominium sales came to a near standstill. 

The third quarter reports are sales that took place in the summer months which is a slower cycle for transactions.  The alarming statistics are the transaction counts with prices heading lower.  The market did not respond to low interest rates and affordable values which indicates the housing recession may go deeper.

Waltham MA real estate market report Q2 2010 report is a good reference for comparing changes in market conditions.

Homes Sold

Single Family Home Sales

 The Waltham, MA real estate market ndicates that there were 75 homes sold in 2010 as compared to 72 in 2009. This represents a 4% increase in the number of homes sold as compared to 2009. The average sales price changed from $427,226 in 2009 to $391,773 in 2010, a 8% decrease in value. The days on market changed 7 % from 72  to 77.

The Q2 report showed and average sales price of $430,794 which increased from $408,495.  Transactions in Q2 were up over 50% to 2009 stats increasing from 61 to 94. 

Waltham MA Average Sales Prices

Condo Units Sold

Condominium Sales

The Waltham, MA condominium market data indicates that there were 50 condos sold in 2010 as compared to 114 in 2009. This represents a 56% decrease in the number of condos sold. The average sales price changed from $324161 in 2009 to $320468 in 2010, a 1% decrease in value. The days on market changed 26 % from 73  to 92.

The condominium market continues to struggle as financing difficulties and the flood of foreclosures impact the market.  In the second quarter sales increased as did values which was primarily due to the tax credit incentives.  Third quarter stats are more reflective of true market conditions which fewer transactions with declining prices.

Data for the Waltham, MA real estate report was compiled by Virtual Homes Real Estate using information from the MA statewide MLS and is not guaranteed to be accurate.

Waltham Condo Values

Real Estate in a Virtual World

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Posted via email from Massachusetts Real Estate

Saturday, January 8, 2011

Praxius Technology

marketingexperience

A technology provider since 2000 and an early Internet marketing adopter, Praxius Technology is a … [Read More...]

Praxius Technology, an early adopter of online marketing, provides lead generation, lead management training and support to the real estate and lending industries. Unique services with full technology integration.

Posted via email from Virtual Homes Real Estate