News

Read. Learn. Share.

Boomerang Buyers in 2015: Realtor’s Dream or Reality?05/06/2015 02:00 PM (CDT)

Only about one in four former homeowners who lost property during the housing crash will soon become buyers again as tight credit keeps many out of the U.S. Read More

If You Still Have Short Sales in 2015, You Absolutely MUST Outsource Mitigation and Processing04/17/2015 12:11 PM (CDT)

If you’re one of those real estate professionals who still work with short sales in the spring of 2015, you probably know what you’re doing. Read More

Selling Value as a Real Estate Agent04/08/2015 02:08 PM (CDT)

The old saying goes that if you have something to sell (regardless of what it is) you’re in the business of marketing. As a generalization, it is still true. Read More

Zillow Agent Search Means More Competition and More Pageantry for Real Estate Agents03/25/2015 02:23 PM (CDT)

Zillow just made it easier to find local real estate agents online. Read More

Over 5 Million Americans Are Still in a Negative Equity Position03/23/2015 11:46 AM (CDT)

Spring in real estate usually equals hope, especially in the snowy parts of the United States. And there’s some hope in the market, no doubt about it. Read More

How to Get Buers, Expired Listings, Probate, Canceled, FSBOs, and MORE (Summit in Las Vegas)03/10/2015 12:34 PM (CDT)

Do you work with Buyers, Expireds, Equity, FSBOs, Investors, Probate, Short Sales (NODs, etc.)? Do you want to meet homeowners or buyers face to face? Read More

Why Real Estate Agents Are Like Car Dealers and Grocery Stores (It’s Not a Bad Thing)03/02/2015 02:31 PM (CDT)

The Los Angeles Times recently ran an article about one of the most controversial topics in the real estate industry: commissions. Read More

Traditional SEO is Unattainable for Most Real Estate Agents. Here’s What You Need to Do Insted02/24/2015 02:48 PM (CDT)

Traditional SEO is too time-consuming, costly and elusive, unless your brokerage very deep pockets. Read More

Real Estate Advertising vs Marketing02/12/2015 02:24 PM (CDT)

Have you ever heard of a term “spraying and praying”? That’s a crude, but at the same time accurate definition of advertising. Read More

What Can Real Estate Agents Learn From Internet Marketers?01/23/2015 02:12 PM (CDT)

There are certain industries that change their practices at a snail pace. The real estate sector is certainly one of them. Read More

Real Estate Market Trends vs Reality01/14/2015 01:30 PM (CDT)

2014 have quickly turned into 2015. Read More

Real Estate Market Predictions for 2015 12/27/2014 12:08 PM (CDT)

As it’s becoming customary here at RealtyProx, during our last marketing webinar of the year we asked our guest Lee Honish to play a fortuneteller and speculate about the future of the real esta... Read More

The Unsung Hero of Successful Short Sales: A Call Center12/10/2014 08:00 PM (CDT)

There’s no shortage of tips and tricks on how to complete a short sale; after all, short sales went from rare to mainstream to relatively rare again (which is great for those who like working wi... Read More

Four Things That Real Estate Agents Should Do in Winter (Plus One Bonus Tip)11/25/2014 08:37 PM (CDT)

Inman News ran this piece lately: 4 Ways to Winterize Your Real Estate Business. Below are their tips on how to survive winter as a real estate professional: 1. Refresh your market data 2. Read More

1,500 Preforeclosure Properties in DuPage County (Illinois) Provide Ample Short Sale Opportunities 11/20/2014 06:26 PM (CDT)

Last week we shared a map of 4 counties in California where over 1,200 homes were sold at public auction (foreclosure) in the past 30 days. Read More

More Foreclosures Mean Lost Opportunities for Homeowners, Realtors11/13/2014 12:40 PM (CDT)

More than five years after the foreclosure crisis began, the number of borrowers losing their homes is rising again. Read More

Why Real Estate Agents Should be More Like Travel Agents11/05/2014 01:15 PM (CDT)

This is definitely not something real estate professionals are used to hearing. Read More

Should Real Estate Agents Take December Off?10/30/2014 08:37 PM (CDT)

It is very prevalent among potential sellers to think that November and December are the worst months to sell one’s house. Read More

Lenders Increasingly Coming After Borrowers with Deficiency Judgments 10/24/2014 12:19 PM (CDT)

We’ve bene hearing for quite some time now that banks are becoming more aggressive when it comes to foreclosing on delinquent homeowners. Read More

How to Survive the Winter of 2014-2015 as a Real Estate Professional?10/13/2014 11:57 AM (CDT)

It’s official: the real estate market is flat and, in fact, slightly declining.  "The pace of year-over-year appreciation continues to slow down as real estate markets find more balance. Read More

Why REOs Aren’t Coming Back and Why Banks Will Do a Short Sale All Day Long in 2014 and 201510/02/2014 08:28 PM (CDT)

Even though common sense and numbers show that banks strongly prefer short sales to foreclosures, there are always those who argue otherwise. Read More

The Climate is Right for More Short Sales, but Real Estate Agents Don't Want Them09/20/2014 12:25 PM (CDT)

Short sales are back, but not to the extent they could be and real estate agents are to blame. How? Read More

Does Fewer Foreclosures Mean The Market is Recovering?09/09/2014 04:32 PM (CDT)

According to a report by the Woodstock Institute, Chicago's six-county region recorded 13,916 new foreclosure filings in the first half of 2014, a nearly 38 percent drop from a yea... Read More

Some Analysts Are Not Buying the Idea of "Recovery"08/30/2014 05:09 PM (CDT)

After a few months of unanimous industry agreement in regards to the housing recovery, some analysts are once again questioning the true extent of the market’s health. Read More

Fannie Mae’s Significant Derogatory Events and Waiting Periods08/21/2014 06:32 PM (CDT)

There has been some confusion among consumers and real estate professionals alike in regards to the updated Fannie Mae rules. Read More

HELOCs: The Next Ticking Bomb?08/14/2014 04:00 PM (CDT)

A HELOC nightmare might be what’s next in store for the still healing real estate market. A recently released study by TransUnion Corp. Read More

Diversify, But Don’t Abandon Short Sales Yet08/07/2014 01:49 PM (CDT)

“The Wall Street Journal”, “The New York Times”, and National Association of Realtors have recently pointed out that the real estate marketing is cooling off. Read More

So, You Monster™-ed a Listing? Now Use RealtyProx and National Closing Center to Have it Approved and Closed!07/24/2014 11:31 AM (CDT)

Short Sales are hardly on most real estate agents radar these days. Read More

Is Probate the Next Big Thing?07/17/2014 02:09 PM (CDT)

With foreclosure activity at its lowest in eight years and short sales declining, more and more real estate professionals are declaring probate the next big thing. Read More

Foreclosure Timelines Are Shrinking07/09/2014 04:31 PM (CDT)

As lenders are rushing to clear the foreclosure inventory, judicial states still lag behind non-judicial, according to the latest report by CoreLogic. Read More

Identity Theft: Now Every 2 Seconds07/02/2014 12:20 PM (CDT)

When picturing dangerous criminals, most of us still think of a gun wielding guy in a ski mask or a powerful international drug cartel doing their dirty deals in a dimly lit backroom. Read More

Short Sales in 2014 and 2015: Why Bother?06/25/2014 02:21 PM (CDT)

Short sales are on decline. There is no way around it. Read More

“Missing Households” and Other Labels Applicable to the Current Housing Market06/19/2014 01:10 PM (CDT)

Don’t we love all kinds of labels when it comes to the real estate market? Read More

How to Be a Homeowners Advocate06/11/2014 01:56 PM (CDT)

There are plenty of real estate coaches teaching various techniques of door-knocking. The truth is that door-knocking is very time consuming and has a terrible response rate. Read More

Homeownership is Becoming a Luxury06/05/2014 11:02 AM (CDT)

There are few issues as contentious as whether the housing market has recovered and whether owning a home is a prudent long-term investment. Read More

Farming Smart is Important in the Flat Market05/29/2014 01:01 PM (CDT)

Let’s face it. Current market is as flat as Iowa fields. While in some places housing prices are slightly going up, in other locations prices are down, leaving the general market boringly flat. Read More

How Much of the Real Estate Market Recovery is Due to Foreign Investors?05/22/2014 08:16 PM (CDT)

The answer to this question depends on who you ask. Some, like Phil DeMuth of Forbes, credits most of the recovery to foreign investors. Read More

Short Sale Before or After Bankruptcy05/14/2014 12:28 PM (CDT)

Most homeowners tend to think of a short sale and bankruptcy as mutually exclusive. Both are regarded as some form of the last resort. Read More

What “Short Sale Decline” Really Means05/07/2014 03:41 PM (CDT)

According to CoreLogic, a real estate information service, new data shows a sharp slowdown in short sales for the first two months of the year. Read More

Tips for Successful Facebook Marketing04/30/2014 04:31 PM (CDT)

When it comes to leveraging your real estate marketing efforts, Facebook is invaluable. Unfortunately, oftentimes what could be the greatest leverage becomes a disappointment and even liability. Read More

Do We Still Need Real Estate Agents?04/23/2014 10:18 AM (CDT)

In the age of Amazon, GrubHub, Uber and Zillow, why do we need real estate agents? Read More

Is Real Estate a “Good” Investment?04/15/2014 04:42 PM (CDT)

The answer is… depends who you ask and the definition of “good. Read More

Housing is Not as Affordable as Many Think04/05/2014 05:36 PM (CDT)

The latest pre-crash housing bubble was a lot “bubblier” than many of us thought. Even after the bubble has burst, a big part of the U.S. Read More

Agent Resources That Are Easy To Miss03/27/2014 08:15 PM (CDT)

Our news section is usually devoted to general company news and market trends. Read More

Short Sales Are Back... Again03/19/2014 11:59 AM (CDT)

Sometimes we wonder how many more times we’re going to find ourselves writing this message” “Short Sales Are Back”? Read More

Short Sale Auctions, For Better or Worse: Nationstar, Ocwen03/11/2014 06:31 PM (CDT)

The following news post is on behalf of our sister company, National Closing Center (NCC). Read More

How to Tap Into a Huge New Market of Home Buyers02/26/2014 11:34 AM (CDT)

Last week we looked into the news that certain lenders are loosening their credit score requirements when considering new mortgage applications. Read More

Is 600 New 700? Not so Fast!02/18/2014 10:02 AM (CDT)

Is a credit score of 600 a new 700? No, and it will never be. However, banks are sending a message that there is some hope for buyers with dinged credit. Read More

The Only Way to Eliminate the Foreclosure Backlog is Through Legislative Action 02/11/2014 02:28 PM (CDT)

Nationwide year end reports show there were foreclosure-related actions on nearly 1.4 million U.S. properties in 2013, down 26 percent from 2012 and down 53 percent from the 2.9 million peak in 2010. Read More

What Distressed Market Has Taught Real Estate Professionals About Sales and Marketing02/04/2014 08:19 PM (CDT)

Most people actively involved in selling real estate weren’t too happy about the market conditions for the past few years. Read More

6 Biggest Obstacles to Closing Your Short Sales in Under 90 days01/28/2014 11:58 PM (CDT)

Our latest webinar featured two guest panelists, Estera Wilson and Kimberly Anderson, both experienced short sale processors with National Closing Center (NCC). Read More

Everything You Need to Know About the New Qualified Mortgage Rule01/22/2014 11:42 AM (CDT)

On January 10th, the Consumer Financial Protection Bureau’s (CFPB) new qualified mortgage rule went into effect. Read More

Chicago is Still Underwater and Could Use More Investor Love01/14/2014 01:25 PM (CDT)

Despite all the optimism surrounding the real estate market, a new study by RealtyTrac paints a very different picture for Chicago and the Land of Lincoln in general. Read More

Short Sales and Expireds are Realtor’s Safest Bets for 201401/08/2014 05:44 PM (CDT)

There was a lot of optimism in the second half of 2013 surrounding the housing market recovery. However, the latest numbers don’t exactly support the long term recovery, at least not yet. Read More

Content Marketing Strategy for Real Estate Agents in 2014 (Part 2)01/03/2014 04:28 PM (CDT)

This post is a part two of our previous post on content marketing for real estate agents. If you haven’t read the previous post, you can check it out here. Read More

Happy Holidays from RealtyProx!12/23/2013 03:02 PM (CDT)

Our warmest wishes and season’s greetings! May Santa bring you all you asked and more! In case he forgets short sale leads and free transaction management tools… just go to www. Read More

Content Marketing for Real Estate Agents: Not All Content Is Created Equal 12/17/2013 11:06 AM (CDT)

Unless you live under a rock, you must have heard an expression that “content is king.” But in reality, not all content is created equal; therefore, not all content is king. Read More

Future of Short Sales in 2014 (Chicago Market)12/10/2013 07:45 PM (CDT)

In the anticipation of the official numbers that will be released next week by Illinois Association of Realtors, a lot has been said about the decline of the Chicago real estate market at the end of t... Read More

Do Banks Really Prefer Foreclosures? 12/02/2013 02:21 PM (CDT)

Recent news from RealtyTrac brought some excitement to the real estate community (mainly, brokers and agents) and confusion to homeowners. Read More

RealtyProx Hosts the Listing Solutions11/18/2013 10:04 AM (CDT)

Thursday (November 14th) RealtyProx hosted a successful Listing Solutions event in Lombard, IL. Read More

The Listing Solution (Updated)10/17/2013 10:07 AM (CDT)

November 14th @Westin Lombard Yorktown Center Hotel Would you like to learn from the best and brightest marketing minds in the real estate industry? Read More

Short Sale Lead Program is LIVE09/25/2013 03:21 PM (CDT)

If you’re serious about short sales, you probably have a marketing plan in place. The toughest part is getting quality leads. Read More

The Listing Solution (Pasadena)09/20/2013 12:00 PM (CDT)

Tuesday September 24, 2013 9AM to 5PM & Networking 6PM REALTORS & TOP PRODUCING AGENTS:   Would You Like To Double, Triple, or even   Quadruple Your Listing Business ... Read More

New and Improved RealtyProx09/18/2013 08:41 AM (CDT)

Surely, you've noticed some changes lately: our website has changed and so did the actual platform. Read More