Posts Tagged ‘ HomeGain ’

Real Estate 360 Live With Louis Cammarosano 4/9/12

On Monday April 9, 2012, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate 360 Live radio show on The Big Talker 1580 WNEW AM, hosted by Ryan Sloper.

Listen to the show.

Part 1 (14:46)

Ryan and Louis discuss the jobs report. Ryan notes that the unemployment rate actually dipped even though more people are unemployed as the participation rate in the labor force has dropped. Louis notes that once a worker is classified as no longer in the labor force, they are no longer considered “unemployed”.

Louis notes the disconnect between companies doing well and consumers doing well. Louis notes that the stock market is up in part because companies with a lot of cash are purchasing their own stock. Louis also notes that companies are in a different position than consumers as many companies are not in debt and have huge cash balances while many consumers have little cash and large debt balances.

Louis notes that Apple’s over performance makes the overall market appear to be doing better than it is. Louis notes that perhaps Apple is overvalued. Ryan notes that many companies have their cash overseas. Louis notes that companies also hold US treasuries and that when they decide to free up their cash, they will have to sell their US Treasuries which will put downward pressure on those securities. Louis notes that 61% of US Treasuries last year were bought by the Federal Reserve.

Louis notes that the US government engages in deficit spending and relies upon the Federal Reserve to print money to purchase the US Treasuries to fund the spending. Louis notes that up to 20-30 years ago most of the US Treasuries were bought domestically by US companies and individuals.

More recently China and Japan bought large percentages of US Treasury issuances, however in the past two or three years they have cut their purchases of US Treasuries. Louis notes that the US government has increased spending each year which means it relies more heavily on debt issuances to fund its spending-debt issuances that are increasingly purchased by the Federal Reserve Bank. Louis notes that if the Federal Reserve was not buying the debt, interest rates would be much higher.

Ryan notes that the Federal Reserve can’t continue to be the purchaser of last resort forever. Louis notes that the Atlantic is calling Ben Bernanke a hero and that Paul Krugman is arguing that inflation is too low! Louis notes that Krugman thinks that because money is cheap that we should be spending more of it. Louis argues that is akin to telling someone the morning after who is hungover to have more beers because they are cheaper in the morning than they were last night. Louis notes that the less money you make the greater percentage food and energy are as part of your budget.

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Posted by: Louis Cammarosano on April 21st, 2012 under Louis Cammarosano on Real Estate Radio

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Tablets Poised To Take Homebuying Process To New Levels

Like virtually everyone else on the planet, I’ve finally succumbed to tablet-mania and become an owner … of an iPad. I coupled it with a totally cool Zagg Folio leather case/keyboard combo. Although it’s an incredibly useful tool in so many ways, I’m particularly excited about how it can totally transform the home buying process.

Picture the following:

Not knowing where to start in the search for a great local Realtor, a potential homebuyer from Fremont, California grabs their iPad during their lunch break and loads the Google app. They type in “find a realtor in Fremont, CA” and, at the top of the list, they see “Find Local Realtors® – Research & Compare Realtors Online.” A tap on the link takes them to HomeGain.com’s homepage where they can enter their criteria and then search for a top-notch area Realtor – anonymously. As proposals start to come in from Fremont Realtors, they select a few profiles they like, click through to email the agents and ask for interviews with their top three choices. A quick tap on their Starbucks app allows them to share the address of their favorite location with the Realtors and appointments are quickly set up.

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Posted by: Carl Medford on February 13th, 2012 under Technology

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Listing Syndication – Yes or No?

News of Abbott Realty Group’s decision to stop syndicating its listings to real estate aggregators such as Trulia and Zillow renewed the discussion in the industry regarding the value of third-party sites in marketing properties. To summarize the point made by the likes of ABR and Edina, which made the decision in November, is that third-party aggregators take listing information (which is ‘owned’ by the listing brokerage) as content for their sites, which drives traffic to these sites. The resulting traffic then becomes a valuable commodity which can be leveraged into selling advertising, whether to individual agents, brokerages, or add-on services (i.e. moving companies). A consensus among the anti-syndication crowd is that data is often outdated, automated-valuation models (i.e. Zestimates) are inaccurate, and that ultimately these portals are using listings to attract traffic to their sites, so that they can sell those ‘leads’ and ad space to real estate agents.

The flip side of the argument, at least as made by Zillow’s CEO Spencer Rascoff, is that portals such as Zillow are ‘most likely to provide the most exposure to the most buyers,’ which results in listings selling faster and at a higher price. He goes on to say that ‘not putting listings on Zillow, Realtor.com and Trulia is tantamount to abandoning any hope of finding a buyer who is using a mobile device’ (emphasis added by Mr. Rascoff), which would lead one to believe that the big aggregators have a monopoly in mobile technology – a point that many leading innovators could argue against.

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Posted by: Alex Cortez on February 8th, 2012 under Guest Bloggers

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HomeGain Blog Celebrates 4th Anniversary

Today is the 4th anniversary of the HomeGain Real Estate Blog!

We’ve come a long way since 2007. Thanks to all of our contributors and readers for their support!

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Posted by: HG Blog Admin on October 24th, 2011 under HomeGain

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First HomeGain Agent Member Reaches Two Million Dollars in Commissions, Award Clubs Membership Exceeds 1,000

HomeGain, a leading website that connects REALTORS® with home buyers and sellers, today announced that one of its agent members has reached two million dollars in gross commissions with the HomeGain AgentEvaluator program, with another 18 members being inducted into new award clubs. The total number of award clubs members now exceeds 1,000.

In 10 years using the HomeGain AgentEvaluator program, Eric Pakulla of RE/MAX Advantage Realty in Maryland has reached two million dollars in gross commissions. He is HomeGain’s first inductee in the Million Dollar Club and has been an AgentEvaluator Top Performer for the last five years.

“HomeGain continues to be an excellent source of leads for my business. The bottom line is HomeGain generates high quality, motivated leads. I highly recommend this company to any agent that wants to add additional lead generation sources,” said Eric Pakulla.

“We are extremely proud of Eric’s accomplishment and success with the AgentEvaluator program,” stated Louis Cammarosano, General Manager at HomeGain. “HomeGain is also proud that over 1,000 agents have earned admission to our award clubs by assisting home buyers and sellers with their real estate needs.” Continue reading this post

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Posted by: Louis Cammarosano on June 8th, 2011 under AgentEvaluator, HomeGain

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Another Year, Another Anniversary!

True story….on the way up to the office this morning, a nice lady held the elevator for me and asked which floor I was headed to. It turns out we were both going to the same floor and she is one of our neighbors. She said to me, “You must be from HomeGain. Wow, you guys are still around huh?”

I replied, “Yes we are still around and in fact, it’s HomeGain’s 12th anniversary today!”

There’s a slight chance I may not have said those exact words, but it really is our anniversary today. Thank you to all of our members and employees for your hard work this past year!

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Posted by: HG Blog Admin on April 26th, 2011 under HomeGain

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