Michael Yang, general manager of Yahoo Real Estate, oversees three lines of business for the Web portal and search company.

Yahoo Real Estate features property listings searches for existing homes, rentals and foreclosures, as well as home values, the ability to find a Realtor, and information guides on finance, mortgage and home buying and selling topics.

Yang will speak at Real Estate Connect in San Francisco, July 23-25, 2008.

He answered a set of questions posed by Inman News:

What do you see happening in the real estate market in 2008?

More of the same. What’s transpired in the first half the year will continue through the second half of the year.

What advice do you have to help real estate agents and brokers get through this market?

First, spend your hard-earned dollars wisely and challenge yourself to show a positive ROI on everything you do. Second, don’t believe the hype — whatever it may be. Do your own diligence before taking action.

What was your first job?

Warehouse worker for Best Products (now defunct, East Coast general merchandise retail store).

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The general state of the U.S. economy is a little frightening these days, and in my opinion, the economy drives everything.

What lesson did you learn in the last year?

Real estate remains such a topical subject in the press, in the media and in consumers’ minds, and there appears to be no end in sight.

What would your second career choice be?

A tie between a professional soccer player (if I were good enough) and a safari guide (if I had enough time on my hands).

What kind of music do you listen to?

I’m old school — whatever is playing on the radio in my car as I furiously flip channels.

Who is your hero?

Both of my parents.

Hear Yang speak at Real Estate Connect in San Francisco, July 23-25, 2008. The conference program and registration are available online via the Connect Web site.

***

What’s your opinion? Leave your comments below or send a letter to the editor.

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