Mark Rienzie's Blog

Your 2010 Business Plan Started Days Ago: How To Market The Extended Homebuyer Tax Credit. I posted a blog on Marketing Opportunities: Homebuyer Tax Credit in AR and also on my Facebook.  I had approximately 45 posts on the AR blog and about 26 personal replies and on Facebook I had no posts and ...

About a month ago I got to hear those famous words "the short sale has been approved."  This might not mean a lot to some agents, but in my market where short sales dominate it's the words every agent loves to hear no matter what side of the transaction they are on.I quickly e-mailed my client wh...

Lenders make more money on foreclosures than from short sales or loan modifications. That's what Steve Harney converyd in a seminar. He caused an earthquake in San Francisco When loan modifications are turned down, the next thing we attempt is to do the short sales. And we kinow that lenders turn...

The much-anticipated extension to the home buyer tax credit has finally been approved.  The Senate's vote yesterday resulted in a 98-0 win and today it was passed in the house.  The bill now moves to the President's desk for a final signature.  First-time home buyers have been eligible for tax cr...

With the amount of offers coming in on REO properties(Bank Owned Properties), there has been a new trend among buyers. The trend is to just offer as high as possible to get the property under contract. After the contract is accepted by the bank, they have to get an appraisal for the loan. The app...

Realcomp II, a local Detroit MLS just got spanked pretty hard this week by the FTC.  Apparenly, the FTC slapped them around a bit because they got caught restricting listings from local (discount) brokers who had agency exclusive listings. The FTC simply told Realcomp II to Publish the MLS Listin...

In a continuing effort to keep my real estate clients and others "in the know" with the latest and greatest, I have stumbled upon a fantastic tool that Google has created to help make your website and blog even more visually appealing and engage your reader.  Have you ever wondered how you could ...

I’m sure you all have noticed the popularity surge of real estate reality TV shows.  It started with the success of Extreme Makeover: Home Edition. Then it really caught on when HGTV rolled out a slew of real estate shows and soon became much more Home and much less Garden.  House Hunters, What Y...

I’m sure you all have noticed the popularity surge of real estate reality TV shows.  It started with the success of Extreme Makeover: Home Edition. Then it really caught on when HGTV rolled out a slew of real estate shows and soon became much more Home and much less Garden.  House Hunters, What Y...

As I think I have grown somewhat wiser with age, I have stopped "mainly" trying to push boulders up steep hills. Predominantly cause I get tired of them rolling back over me. Namely, quit trying to fight reality. There's a great expression that when you get your own planet then the rules that you...