AGBeat Columnist: Danilo Bogdanovic
Danilo Bogdanovic is a Real Estate Consultant/REALTOR(R) in Northern Virginia and author/owner of LoudounScene.com and LoudounForeclosures.com. Danilo serves on various committees with the Dulles Area Association of REALTORS(R) and the Virginia Association of REALTORS(R).
Why the Extended Home Buyer Tax Credit is a Slap In the Face
Sure, you’ve all heard by now…the first-time home buyer federal tax credit has been extended through March 30, 2010 and has also been expanded to include many existing home owners. Many are shouting, “WOO HOO!”. But I’m not. No, really..we’re serious! SIKE! For some time now, NAR and the government have been screaming and yelling, “You’d better hurry up and ...
Is Today’s Housing Market a False Market?
Could today’s housing market be a false market? Between 2006 and the end of 2008, the market in the Washington, DC metro area and most of the US was horrible. But then 2009 rolled around and the market did an abrupt 180. Rates and points started falling. Inventory started plummeting. Buyer demand increased. And prices started rising. Today, the market ...
Which Clothes Make You Professional?
None. That’s right…NONE! No, I don’t mean not wearing any clothes (save that for the French Riviera or a deserted beach somewhere). I mean that it’s not your clothes that make you a “professional”. There are people that wear suits that fit them 30 lbs ago and there are people that know what a tailor is. There are people that ...
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The Greatest Example of Collusion in History?
Are we witnessing the greatest example of collusion in US, if not world history right before our very eyes? col-lu-sion [kuh-loo-zhuhn] – noun …a secret agreement, esp. for fraudulent or treacherous purposes; conspiracy: Some of his employees were acting in collusion to rob him. Currently, the number of bank-owned/REO properties on the market is estimated to comprise only 30 percent if not ...
Mass Media – Relevance or Noise?
It seems that whenever I speak with someone about the real estate market, they end up quoting some national media’s latest story on the real estate market. That usually leads to an explanation (and often times healthy debate/argument) about how the article they’re quoting is just “noise” and not relevant because our local market conditions are very different from the majority of the U.S. Noise is distracting and can ...
Consumers Say They Expect More, But Do They Really?
I ran across some buyers a while back that were telling me they weren’t happy with their buyer’s agent. They ended up firing their agent and hired me because they were “not pleased with the buyer’s agent attitude nor ability”. The odd thing is that the buyers asked me if I would be willing to give their previous agent a referral fee. Being that I was ...
Ignorance + Lack of Management = $300K Mistake
At one point or another, all of us have thought, “Man! That agent has no clue what they’re doing!” or “I can’t believe that agent did that – that could cost their client or them (insert here)!” Personally, that thought is often followed by, “Where the heck is their managing broker and how have they not caught this and corrected it?” ...
The Fraud Witch-Hunt Will Begin Soon. Are You Safe?
“Fraud” “Fraud” is a powerful yet, often overlooked word by some real estate agents and brokers. The crazy thing is that one of the greatest fraud witch-hunts is about to being and one (or many) real estate agents and brokers WILL be made an example of by the government/FBI. “You’ve been reading too many books!” No…not really. A few months ago, the two ...
Careful What You Drink
It’s a hot summer day (yes, I know that’s hard to imagine right now, but work with me here)…you’re exhausted, dehydrated and dying for a drop of liquid to quench your thirst. Up ahead, you see a stand with a large sign above it that says, “Quench Your Thirst!” and there’s tons of people around it. On the stand is a large glass pitcher with ...
The Future of the Real Estate Industry – Part Three
It’s obvious that the real estate industry is changing. And it’s changing more rapidly than ever before. But where is it going? And where does it need to go? I touched upon things such as Barrier To Entry, Oversight and Enforcement in part one and Technology and Marketing in part two of this three part series. In part three, we ...
The Future of the Real Estate Industry – Part Two
It’s obvious that the real estate industry is changing. And it’s changing more rapidly than ever before. But where is it going? And where does it need to go? I touched upon things such as Barrier To Entry, Oversight and Enforcement in part one of this three part series. Here’s part two… Technology Emerging technologies, social media and social networking are ...
The Future of the Real Estate Industry – Part One
It’s obvious that the real estate industry is changing. And it’s changing more rapidly than ever before. But where is it going? And where does it need to go? Those questions are at the forefront of a lot of people’s minds – consumers, agents, brokers, regulators and even Inman. So here’s what I envision (this is part one of a ...
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