Sunday, March 30, 2008
CSS Galleries: Free Web Designs for Download
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Friday, March 28, 2008
YouTube: Video Creators Know When and Where Clips Watched
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Monday, March 17, 2008
REO Listing for Investors and First Time Home Buyers
I had a chance to look at a REO (Real Estate Owned) property in Modesto California in Stanislaus County, Central Valley on Sunday 3/16/08. It is the second day on the market and when I called the listing agent, there are offers already. Today, the property is pending.
The property is located in zip code area 95356. around $128 per sq. ft. and listing at $309K. It is in good condition. I have been tracking REO properties using daily auto-prospecting tool for potential clients and also gathered some statistics:
As of 3/16/08:
REO listings in Modesto California for Single Family Homes:
Active: 514 Avg List Price: $190K Avg size: 1503 sq. ft. Avg DOM: 59
Median List Price: $175K Median size: 1341 sq. ft. Median DOM: 45
Pending: 300 Avg List Price: $199K Avg size: 1634 Avg DOM: 50
Median List Price: $180K Median size: 1434 sq. ft. Median DOM: 28
Sold in Feb: 80 Avg List Price: $210K Avg Sale Price: $201K Avg size: 1527 sq. ft. Avg DOM: 48
Median List Price: $199K Median Sale Price: $196K Median size: 1397 sq ft. Median DOM: 21
Please check back next month for an update.
Irene Lai-Chan, M.S., REALTOR
Wednesday, March 12, 2008
Web-based Real Estate Software - Metrolist Prospector, Modesto California
I just finished attending the MetroList Prospector training in Modesto, California. I am absolutely fascinated by the features and mapping support, auto-prospecting, client portal, reverse prospecting, and seamless integration with eNeighborhood power tools.
The mapping feature uses Microsoft Virtual Earth that allows the user to view in map or satellite view. After searching for properties, one can set the route of visit, rearrange the order of properties on the route, and print out the route information. Another feature, auto-prospecting, saves agents a lot of time. Once the search criteria is set up, properties that meet the criteria are automatically added to the "Newly Matched" listings cart. An email can then be sent to invite the client to either Save, Reject, or leave the property information on one of the three lists. The agent and client can both email each other regarding any of the properties on the list.
With the integration to eNeighborhood, agents don't even need any contact management software. Creating CMA and flyers are two other feature I can't wait to use.
The only drawback is that there should be a cross population of contacts between Prospector and eNeighborhood. Maybe one exists that I don't know of yet, such as exporting contacts to an excel file and then importing that to eNeighborhood. It would also be great if a client can specify the frequency of auto-prospecting email (like once every few days instead of every day). Sorting of property list may also be a convenient feature for the client when they are using the client portal.
Also, I would like to see export to HTML from eNeighborhood in addition to exporting to PDF file. (Can a web developer take advantage of the HTML and also promote eNeighborhood at the same time?)
My previous job as a medical office administrator for a small office, solo practitioners have to do research on their own to get medical management, scheduling, billing software. Each office procure their own tools and in comparison, real estate professionals are so spoiled.
Friday, March 7, 2008
California cows start passing gas to the grid
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