The Business of Real Estate

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Services for Real Estate Pros - teardowns.com
The face of teardowns.com, The Marketplace for Redevelopment Real Estate; teardowns, rehabs and new infill construction. When the Value is in the Land
RECENT BLOG POSTS
We all know many of the facts that engulfed the residential real estate industry in 2011; shrinking # of agents (some 50,000 left the biz), many brokerages maintain "business as usual" strategies, and the Internet portals continued to gain momentum with some going public (Zillow, HomeAway) - we k...
01/03/2012
Buyers around the world are replacing older, functionally obsolete housing (and commercial) stock with new structures.  Whether on the lower end i.e. inner-city Cleveland where 1,000 homes were torndown in 2011 and over 20,000 are on the demo deck for 2012, or the high-end i.e. million dollar tea...
12/21/2011
Today, we saw an article in Echo, an Essex publication from the U.K.  It appears that a certain community is undergoing some significant redevelopment. Like here in the U.S., tearing down and replacing older obsolete housing stock is most often designed to rejuvenate a community - the purpose of ...
12/07/2011
teardowns.com makes its debut on YouTube with its marketing and lead gen tool for real estate agents - something we've used everyday in our own brokerage business for over 10 years! We'd like to thank the academy and all those responsible for making this film possible :)
11/29/2011
I'm jealous.   The last stat I saw said there are about 1.1 million Realtors in the U.S.  The total on the invoice I've just paid from my local board is $544.00.  They did give us the opportunity to opt out of paying a $100 fee for RPAC - which I did, not just because it was an extra $100, but I ...
11/28/2011
Lots of  banter in the blogoshere about the state of the MLS, NAR, IDX, Boards and brokers - it appears to be gaining some momentum.As a broker-owner should we be concerned?  Don't think so.  Brokerage is all about the transaction, the deal - we can leave the mapping, "what's my home worth" and d...
11/23/2011
I've been following all the banter in the blogoshere about the death of the MLS, NAR, IDX, Boards and brokers - it's becoming quite serious (so it appears).As a broker-owner I am concerned.  Not so much about the demise of any of those particular entities - most need to be restructured and brough...
11/21/2011
We've been in this situation before, it's rare, but it happens - having nothing left to sell.  Demand but no supply. And yes, I am talking about the residential real estate market.In the markets I personally cover for our brokerage in the Western Suburbs of Chicago, the only listings we do have o...
11/14/2011
The battle for the real estate business is heating up quickly.  On one side are the Internet portals; Zillow, Trulia, AOL, HomeFinder etc.  On the other-side traditional brokerages; Coldwell Banker, Century 21, Keller Williams, ReMax etc.Today these two sides are in different businesses.  The Int...
11/04/2011
We have all read about the shift in home ownership to a "for rent" society.  Today's article from NAR's blogtalks about this using a supporting report from Morgan Stanley.What got me, was not the part about the decrease in home ownership, but how it impacts the business of residential real estate...
10/31/2011
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Brian Hickey

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