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September 2009 Issues

MRIS Goes Green
What Shade Are Your Listings?
Before investing in green renovations or the construction of a green home, owners and builders will want to assess their potential return on investment. A recent move by the Metropolitan Regional Information Systems to include eco-friendly fields in its listing options may help with this analysis. (Read More)

Agents Need to Know
Realtors® Applaud Appraisal Clarification as Good First Step
The following is a statement by National Association of Realtors® President Charles McMillan: “NAR and our 1.2 million members are pleased that the Federal Housing Finance Agency has instructed Fannie Mae and Freddie Mac to take action to clarify confusion over the new Home Valuation Code of Conduct for home appraisers implemented this past May. (Read More) 

Lower Price Homes – Driving Sales Uptick
Awesome Interest Rates and Bank-Owned Properties 
Contribute to Affordability Factor
In the Northern Virginia region, sales were up 16 percent in the first six months of 2009 compared with the same period in 2008. The strongest gains were in Fairfax County, where the number of sales was up 19 percent. However, as sales activity has picked up, prices continue to fall region wide. In the first half of this year, the average price of a home sold in the Northern Virginia region was about 14 percent lower than the average price in the first half of 2008. When analyzing the types of homes selling, it is evident that lower-priced homes are driving sales in 2009. (Read More)

Motivation To Learn Should Be A Lifelong Quest, 
But There Is No Time Like The Present. 
 
It’s September: Should You Be Back In School? 
Experts agree that education, whether in real estate contracts, social media, using high technology tools or negotiating a short sale, benefits Realtors® and their customers. During slower markets, real estate agents are often advised to beef up their designations and renew their enthusiasm for the profession with a few classes, but the cost of some of these courses can be an obstacle. Now NAR’s new initiative for 2009, “Right Tools, Right Now,” allows NVAR and other associations to reduce their fees for some classes. (Read More)

Making A Web Site That Works
Discovering Untapped Resources
For Realtors®, having a good Web site is comparable to having a good business card 20 years ago. Without a presence online, a lot of opportunities can be missed. Potential clients move on to the Realtor® who understands how powerful the Internet is in today’s market. (Read More)

Are You Available
MRIS Helps You Stay Connected
Industry studies show that 78 percent of consumers will work with the first agent who responds to them. As a result, today’s real estate market demands a greater degree of mobility and access to information. To help you meet this challenge, MRIS offers new resources to help you stay connected with prospects and clients. (Read More)
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September 2009 Update

 

 

 

 

 

 

 

 

 Click here and read 
the virtual September 
2009 Update Magazine online.

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