Archive for December, 2007
Monday, December 31st, 2007
Ask.com is known for trying to take a different path than other search engines when it comes to UI design and marketing. They have launched a 3d search experience and are experimenting with different home page designs for holidays. The latest awful homepage design is below. I can't even read ...
Posted in Search Engines | 2 Comments »
Monday, December 31st, 2007
ForRentbyOwner, a rental site that launched in late 2006 has nearly tripled in visits for 2007. According to compete.com data, they had over 24,000 people visit their site in Nov and over 240,000 page views.
Dave Watts, the owner of ForRentByOwner is an active real estate investor and launched ForRentByOwner to ...
Posted in ForRentByOwner | 3 Comments »
Monday, December 31st, 2007
Every year, Marcus and Millichap releases a report on how they think the rental market will be for that year. In the beginning of 2007 they released a report on the status of the Apartment and Rental industry for 2007.
They predicted many things and one was the lowest and highest ...
Posted in Real Estate News, Rental Prices | No Comments »
Saturday, December 29th, 2007
Rentomatic, which is owned by iiProperty, will be launching shortly according to Pat Kitano's blog, I've spoken to Allison Atsiknoudas, iiProperty's CEO numerous times and she impresses me with both her knowledge of technology and the rental market.
Rentomatic, will be targeted to small- and mid-sized landlords, property managers and ...
Posted in Real Estate News, Rental Market | 4 Comments »
Friday, December 28th, 2007
Would you have invested in this company in 1978? Many of the greatest companies in the world did not have a proven management team or experience. Oh and by the way, if you bought 1,000 shares in 1986 after their IPO, your shares would now be worth over $10,000,000.
Posted in Business Tips | 3 Comments »
Friday, December 28th, 2007
If you are looking to move and want to save money, below are 5 ways to help you save.
Use Find and Compare Services
There are numerous find and compare moving services out there. Make sure you find one that has:
No obligation to use a mover
Allows you to compare quotes ...
Posted in Rental Tips | 1 Comment »
Thursday, December 27th, 2007
Here comes another bubble is a hilarious song about the tech bubble that no one within the bubble thinks we are in. One of my favorite lyrics are:
Blue Shirts, Khaki Pants, looking like a line of ants
If you are part of a start-up or tech company you know what this ...
Posted in Business Tips, Real Estate Technology | 3 Comments »
Thursday, December 27th, 2007
Is Rentals.com cutting back its marketing spend with NARPM? Rentals.com has consistently advertised full page ads in the Residential Resource, NARPMs monthly magazine. The January 2008 Issue does not have Rentals.com or RentalHouses.com in any of the pages.
Where did they go?
Posted in Rentals.com | 5 Comments »
Thursday, December 27th, 2007
I am a strong advocate of online and group learning and especially if you are going to get into real estate investing. You should always learn as much as you can from others who have failed and succeeded in the same industry. I have learned a lot about real estate ...
Posted in Real Estate Investing | No Comments »
Wednesday, December 26th, 2007
I am not very good at predicting the future and don't have access to the Wisdom of Crowds data, but here is an attempt to predict the future of the real estate industry for 2008.
The real estate web2.0 lingo will die and someone will try to make up new lingo ...
Posted in Real Estate News, Real Estate Technology | 4 Comments »
Wednesday, December 26th, 2007
How well do you know your Fair Housing laws?
Take this short quiz on FHA - Original Source from Inman Wiki:
True or False?
A housing community funded by a religious charity may not require that rental applicants be members of said religion.
A loan officer may turn down a female Asian-American applicant simply ...
Posted in Rental Tips, section 8 | No Comments »
Monday, December 24th, 2007
In addition to the 10 Rules to Succeed in Business and in Life, I wanted to add 7 more tips that I learned from Poker. I use these 7 tips in my day to day business life as well.
I just finished a Texas Hold-em tournament and received 2nd place. This ...
Posted in Business Tips | 11 Comments »
Monday, December 24th, 2007
I just got done reading the Saturday paper and I noticed an ad that was screaming at me.
****BECOME RICH IN REAL ESTATE WITH LITTLE EFFORT *********
This screaming message is very typical in real estate investing marketing and I believe cheapens the message and company marketing this message. I notice some ...
Posted in Rental Advertising, Rental Marketing | No Comments »
Sunday, December 23rd, 2007
LookSmart, the company that powers CPC for many sites has acquired the assets of Edgeio for $280,000.
LookSmart is a publicly traded company that had their stock trading at over $300 a share in 2000. Now, the stock is trading at $3 and has a market cap of $68 million.
The other ...
Posted in Real Estate News | No Comments »
Sunday, December 23rd, 2007
NARPM (National Association of Property Managers) has announced the new leaders for 2008.
The following NARPM® Leaders will assume their positions Jan 1:
President – Betty Fletcher, MPM® RMP®
President-Elect – Fred Thompson, MPM® RMP®
Treasurer – Vickie Gaskill, MPM® RMP®
1 year Director – Betsy Morgan, MPM® RMP®, Region 2
1 year Director – Harold ...
Posted in narpm | No Comments »
Thursday, December 20th, 2007
Received an email from RentalHomesPlus and they have some good data on online renter habits.
According to an NMHC (National Multi Housing Council) study, 66% of renters have Internet service in their rental.*
75% of renters with Internet service say they use their home Internet connection seven days a week.*
The ...
Posted in RentalHomesPlus | 4 Comments »
Sunday, December 16th, 2007
I originally saw this post on TheRealEstateBloggers. Frontdoor.com has launched and it looks like it is taking aim at Zillow and Trulia to be a place for owners to research and find properties for sale. The Scripts Network which owns frontdoor and other sites like DIY, HGTV, Food Network, Bizrate, ...
Posted in Real Estate News | No Comments »
Sunday, December 16th, 2007
Redfin was recently on the Today Show where Meredith interviews Glenn Kelman. You can view the video here.
Redfin also launched The Real Estate Scientist, a program to develop data-driven best practices for buying and selling homes.
Seven Tactics for Selling Your Home
You can read the full report Seven Tactics ...
Posted in Real Estate News | No Comments »
Saturday, December 15th, 2007
Anything you do and want to be extraordinary at, shoot for the moon, if you miss, you will land among the stars......
Whether you are running a fortune 500 company, a real estate business, property management firm, ice cream shop, a charity or are a stay at home mom, these ...
Posted in Business Tips | 6 Comments »
Friday, December 14th, 2007
I read the Transparentre blog often and Pat's most recent post is about micro celebrities and Glenn Kelman of Redfin.
Microcelebrity is the phenomenon of being extremely well known not to millions but to a small group. This usually occurs in the technical and finance world but is becoming much more ...
Posted in Real Estate News | 3 Comments »
Thursday, December 13th, 2007
I just purchased the Kindle from Amazon.com and I am extremely impressed. The look and feel is exactly like holding and reading a small paperback book. I have over 50 different real estate books and decided to buy the Kindle to hold all of them, plus 150 more.
They use wireless ...
Posted in Real Estate Technology | 2 Comments »
Thursday, December 13th, 2007
There are many research tools out there that can track eye movement on webpages. This data is extremely valuable to have because it allows marketers more insight into how their users are moving on their site. Where do their eyes go to? How do they read the page? This, in ...
Posted in Search Engines | 2 Comments »
Tuesday, December 11th, 2007
I wanted to follow up on my previous Edgeio post. They have a wiki, that goes into detail on how their company was doing. I have summarized below:
Active number of listings = 14,000,000
Active number of advertisers = 8,500
Total number of Classified boards = 1,700
Network Page Views per month = ~ ...
Posted in Craigslist | 4 Comments »
Monday, December 10th, 2007
Edgeio, the classifieds site that raised $1.5 million in angel funding and another $5 million in Series A funding has decided, after 15 months of burning cash to close their doors.
First to pick this up was TechCrunch, where Michael Arrington, an editor at TechCrunch and co-founder of Edgeio announced the ...
Posted in Craigslist, Rental Market | 4 Comments »
Friday, December 7th, 2007
I recently watched a video on Craig Newmark, the founder of the popular classifieds site craigslist.com. He said they currently do 5 Billion Page views per month and are expected to do 6 billion page views next month. This got me thinking, if I were to monetize the pages of ...
Posted in Craigslist | 5 Comments »
Friday, December 7th, 2007
Just like a lot of Googlers are leaving to start their own companies, it seems that a lot of early employees and executives of rent.com are doing the same. Most recently, Mark Eastwood, who was involved with the creation of rent.com has launched a new site called www.evo.com, which claims ...
Posted in rent.com | 1 Comment »
Thursday, December 6th, 2007
The founders of Seloger.com, a French real estate classifieds site has cashed out and are now reinvesting their dough into YesForLove, a new cosmetics brand that is dedicated to enhancing sex. They have raised 1.5 million Euros and are backed by 123venture.
Seems like these founders are gradually moving their way ...
Posted in Uncategorized | No Comments »
Tuesday, December 4th, 2007
The quick answer is "Big". The long answer is "Bigger than you think." To start, we must ask ourselves some questions. All data is from Q3 of 2007.
How many housing units are there in the United States?
According to the recent census data (PDF), there were an estimated 128.2 million ...
Posted in Rental Market | 3 Comments »
Monday, December 3rd, 2007
Here are the top ten (10) NARPM® chapters for November:
#1 – Oahu, HI – 116 members
#2 - Orlando/Central FL – 102 members
#3 - Denver, CO – 91 members
#4 – Sacramento, CA – 89 members
#5 – Southwest ID – 77 members
#6 – Atlanta, GA – 71 members
#7 – Southeastern VA/Hampton Roads ...
Posted in narpm | No Comments »
