Let's Talk Real Estate  

Show Notes

• Archived Blog Post

  Date / Time: 3/24/2009 2:27 AM UTC

  The Housing Crisis is Taking its toll - Realtors, next to implode, Bailout $$$
  

  Well, I aired my first show!!! 
  
  The Housing Crisis is taking its toll yet again. Are Realtors the next to implode?  You heard it first at Let's Talk Real Estate.  
  
  I know people think when I use the term "real estate agent," that it means I practice traditional real estate in everyday practices....I don't.  I only dibble and dabble in traditional real estate.  I prefer to teach and not compete.  Actually, I am a Realtor and being a Realtor means that my goal is to practice the Code of Ethics and the National Standards of the National Association of Realtors, plus implement the Standards for Homeownership and Education in Foreclosure Counseling in everyday business practices.  Whew!!!  A mouthful!  “So, what do you do?”  I do research.  More specifically I do due diligence research…an auditor.  My clients were and are Wall Street, banks, lenders, FDIC, Fannie/Freddie, etc. 
  My specialty is a Realtor in the Secondary Markets.  I also happened to have a few years of loss mitigation and foreclosure experience.  My education is in Mortgage Banking, Real Estate and Construction.  (And no, I do not have a degree.)    I use my knowledge, experience, skills to help you succeed.  Simple.  I am all about empowering a healthy real estate recovery.  So I research, and now I teach.  From time to time, I stumble across trends or use my keen ability to also predict trends.   Like a storm chaser, sometimes I hit, and sometime I miss.  But I often hit more than I miss. 
  "Okay, I’m getting to the point."
          Doesn't it make sense that the backbone of the economics, the housing industry, is in a crisis that there might be some casualties?? 
  I ran across an article by a CA, real estate reporter name Marcie Geffner, her article stated several HUGE real estate brokerag"LANDAMERICA.... WHAT?"
  es were filing BK.  The article also stated LandAmerica... "How can a real estate company not make money?? "   See the thing about real estate is… It's dirt.  You can eat it, literally.  It aint' going nowhere.  Tangible asset.  It's real.   Real estate.  You can always make money in real estate!   When the market is good you can make money, when the marke is bad you can make money.  Buy low then sell high.  Rental Income, REO's bulk,  that's next weeks show.  So what happened?  It really doesn't matter.  It is what it is.  What matters is....Is this a trend or just a few anomalies???
  The economy is certainly showing signs of a relief.  The stimulus package is helping nearly half of the millions of homeowners facing foreclosure.  4-5 of the 7 to 9 million.  An another estimated 11 million in upcoming foreclosure.  That's why I am here, Realtors, can to help reach the 60% that the loss mitigators cannot reach.  And I train them and anyone wanting to learn something about the full spectrum of workout option.   Not to get off track here…the point is the economy showed positive signs of relief.   First-time home buyers dominated first quarter real estate sales.  Real estate investors are doing well, especially bulk investors.  I can go on and on...But.   The inevitable conjunction.Flash back:  "Conjunction, junction what your function"  But, Real Brokerages filing BK.  Yeah!
  
  The things that make you go Humm!
  Did you know the Small Business Association may have some options under the 504 a, stimulus package money (gotta look that up to) for Realtors.  You might want to check into that. 
  Realtors did you also know that you can learn loss mitigation therefore increasing your income.  
  
  I also offer
       free foreclosure counseling to homeowners  and a buget analysis is free to everyone for the next month only, then it's only available to our clients or distress homeowners. 
  
  Want more info listen on Saturday 10 a.m. Central 347-677-1428 or live at blogtalkradio.com/Kimberly or check out www.kimberlymclean.net
  
  Platinum members get: Courses Authored 'How to Read A... series"
      Notes
      Mortgage or Deed of Trust
      Title Policy
      Appraisal 
      Loss mitigation Analysis, Online Updates, Sources and Resources for information,  links, HUD form, and more and "linked into"
  UpComing is HELOCS and TIL/Compliance
  

   

   

   

   

   

   

  • Tags:
  • housing crisis
  • real estate bail out
  • texas
  • dallas
  • ft worth
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