Real Estate News and Tips for Buyers, Sellers & Investors

NAR reveals national property database details

By Glenn Roberts Jr., Friday, May 16, 2008.

WASHINGTON, D.C. -- Leadership for the National Association of Realtors is "very committed" to a plan to create a massive national -- and possibly international -- property database to serve as a resource for agents and brokers, the leader of the group spearheading the plan announced Thursday.

Gary Thomas, a Southern California RE/MAX broker who has led the advisory group, said during a Thursday session at the National Association of Realtors' annual midyear conference that there are plans to form an advisory board and launch a pilot project for the database. more...

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Auction market: Growing, growing strong

Market segment too big for agents to ignore

For the price of a used car, you can buy a house or a chunk of land on the Internet without leaving your desk.

A four-bedroom, two-bathroom home in Cleveland recently sold for $6,050 on eBay.

Not all properties are going as cheaply at auctions, but the market itself is certainly growing as an efficient way to move properties that otherwise sit on the market for months and months. more...