CFPB Aims Sights at Real Estate Offices

Well it’s here.  There is a class action lawsuit for $11.2 million against a large real estate company for RESPA violations. NAR can’t really do anything about this one.  Long & Foster Real Estate is on the short end of the stick with regards to a huge RESPA lawsuit.  They’re …

Another Chase Banker Dies

There absolutely has to be something going on at Chase right now as yet another executive takes his life by jumping 30 stories to his death. Last week we reported that high level investment execs have been killing themselves.  Two of those guys were from Chase and now yet another …

Bitcoin Allowed by Real Estate Firm

Manhattan Real Estate Firm, Bond New York, is now accepting Bitcoin as a means of payment when buying a home. What is Bitcoin?  Have you ever heard of it?  Well it’s money.  It’s money that has no regulation that’s virtually on-line.  Bitcoin is really taking off and it’s no surprise …

Success is Easy as Performing a Quadruple Bypass

Success is Easy as Performing a Quadruple Bypass.  All you have to do is apply yourself. As we approach the beginning of the new year we are leaning more toward motivational, or inspirational thoughts on the show.  Don’t worry though, if anything catastrophic occurs in the industry we’ll let you …

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The Hottest Looking People in Banking

What company has the “best hiring practices” in the industry?  Well there’s actually a site that has this data and of course, we checked it out.

We know it’s weird to tell you when we have someone that wants to quit Listing Booster, but the stories are so amazing we can’t help but share them.  Just to let you know we have a cancellation rate at Listing Booster of only 3% which is almost unheard of, so we don’t get many cancellations.  Most of the cancellations we get are impulse buyers that never take the time to go in and works the system, but once in a while we get a fun one.  We have a user that has had the system for 6 months that has gotten over 200 leads.  Leads of which the user admittedly says have lead to closings.  Why someone would quit that we can’t fathom, but we will say this – If you want to get Listing Booster and sock in a couple hundred leads real quick and then quit, feel free.  To get more information on how Listing Booster works – CLICK HERE.

mjaxms1motyxndu2yjuxyjdmmwqyNow on with the show, and keep in mind today’s show isn’t only about hot people in banking.  There is some other more industry worthy information for your consumption.  But we found if funny to learn about the site – yes that’s dot “co” not dot com.  Hinge is for professional people to meet each other.  The interesting thing is that they track all kinds of data.  For example, which bank has the hottest people?  Which bank had the least “picky” people?  Yeah, stuff like that.  So naturally we had to determine which company had the hottest, least picky people which we did.  The answer is inside, so you’ll have to tune in to see.  Hey come on, it’s a fun way to start your real estate or mortgage day – admit it.

With that you all have a great day and we’ll see you tomorrow.

Frank and Brian

The Poor Door

Manhattan developer creates a special “poor door” for his low to moderate income families he has to work into his high rise.

Need to renovate your business?  Try making use of renovation loans!  REMN Wholesale are the experts in renovation loans and they have a webinar on the 21st of August to go over how you can renovate your business with renovation loans!  To get registered for the webinar CLICK HERE.  Also, why would you pay a whole lot of money for leads from Zillow, Trulia and when you can pay a little money and get all the leads you can handle with Listing Booster?  Want to learn more?  CLICK HERE.

poor-door2-e1375452123788Now on to the “poor door”.  Essentially what we’ve got here is a Manhattan developer that built some multi-million dollar condo’s in a highrise, but in order to be able to get the permit to build he had to have a certain amount of low to moderate income homes in the complex.  Well, he figured the rich people wouldn’t want to rub elbows with the poor people while waking through the front door, so he made another door in the alley around the back that people are calling the “poor door”.  Okay…. Uh, what do you think about this?  Cool? Not cool?  Compliant?  Not compliant?  Seems a little dicey to us, how about you?  Let us know what you think about it in the comments down below.

With that you all have a wonderful day!

Frank and Brian

Zillow-Trulia Possible Antitrust Case?

July 29, 2014 FHA/HUD, Trulia, Zillow 47 Comments

There is some rumbling about a possible antitrust case with the Zillow-Trulia merger.

Before we jump into today’s show, let’s go over something.  There’s a lot of you out there that buy mortgage leads.  The problem is keeping track of them from start to finish to make sure you’re getting a good ROI.  Well, LoanTek has you covered.  These guys are the base in the industry and what’s more is they will let you try their product while you’re finishing out your contract on your inferior product to see how good it really is.  So to get started – CLICK HERE.

monopolyman1Now on to the show.  You’ll be amazed how much the out-going HUD Secretary and the incoming look like Napoleon Dynamite and Pedro… Just sayin…  Anyway on to other things.  There is some rumbling about an antitrust issue with the Zillow/Trulia merger.  Some folks, like us, think there might be some kind of monopoly at hand here with what’s really a third of the US economy.  Hey don’t get us wrong we think we could all learn a thing or two from Zillow and Trulia.  They’ve boldly gone where no site has gone before, but are they leaving real estate agents in their wake?  Time will tell and we’ll see how this unfolds, but tune in to see what other thoughts we have on the matter.

You all have a nice day!

Frank and Brian

The 2 Billion Dollar Trulia

July 28, 2014 Trulia, Zillow 14 Comments

2 billions dollars for Trulia and it looks like the deal is going through.  Think about 2 billion dollars.  Why is Trulia worth so much?

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Trulia 2 billionNow on to the show.  Really don’t want to get into it too deep here, would rather you just watch the show, but the question today for us is to really try and comprehend why Trulia is worth $2 billion.  What is it about them that’s made Zillow who’s clearly bigger want them in their fold.  Let me tell you…. it’s your clients that’s why it’s worth so much.  Well if your clients are worth so much to Zillow and Trulia, how much are they worth to you?  And if you feel like they’re worth a lot to you, how do you make sure that they know it?

Tune in and let us know your thoughts in the comment section below.

Have a great week!

Frank and Brian

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