December 29, 2008

Menomonie Realty Executives Premier


FOR IMMEDIATE RELEASE
Contact: Linda Tschida
Director of Communications, Marketing & PR
Realty Executives Midwest
651-994-2605
LindaTschida@RealtyExecutives.com


NEW REALTY EXECUTIVES OFFICE OPENS IN MENOMONIE, WISCONSIN

New Real Estate Franchise Arrives in Local Area


Menomonie, WI (Grassroots Newswire) December 09, 2008 -- A new Realty Executives office has opened at 1120 North Broadway in Menomonie, the 2nd Realty Executives office in western Wisconsin. Jason Simonson and his wife, Stacey, have converted their former RE/MAX office to Realty Executives Premier and opened their doors for business November 18, 2008.


The Simonson's have been in the real estate business for a combined 12 years, with an additional 10 years in the lending field. Both natives of the area, Jason and Stacey have built a successful business in Menomonie and have been the area sales leaders for the past 4 years.


"There is more opportunity with Realty Executives than there was with RE/MAX," Simonson said, "I'm excited to show Executives the techniques and skills of successful real estate. I believe this is a good move for me and my family, as well as the families of all the Executives who come on board the Premier Team. "

Simonson plans to continue his successful real estate career with the Realty Executives brand, and has already recruited a new Executive to join the Premier Team. “We’re looking forward to 2008’s area sales leader being Realty Executives Premier,” Simonson stated.

For more information about Realty Executives Midwest please contact the Region at 651-405-1611 or toll free at 1-877-750-7744. Check out our website http://www.realtyexecutivesmidwest.com/

About Realty Executives International

Realty Executives International, the nation’s first 100-percent commission company, has been perfecting its business model for more than 42 years and is one of the fastest-growing real estate franchises in North America. The Phoenix-based, privately held company has more than 800 franchises in ten countries, including offices in the United States, Canada, South Africa, Mexico, Australia, Israel, Costa Rica, France, Greece and Indonesia. Publications like Entrepreneur, Success and Inc. magazines have all ranked Realty Executives International, Inc as a leader based on franchise growth, management stability and financial soundness. For additional company information, call 1-800-252-3366, or visit www.realtyexecutives.com.

June 12, 2008

Greg Bauman President of SPAAR - "Metro Housing Market Continues Recovery"


FOR IMMEDIATE RELEASE

Contact: Meg Chiodo
Saint Paul Area Association of REALTORS®
Phone: (651) 776-6000
E-Mail: mchiodo@spaar.com

Wednesday, June 11, 2008


Greg Bauman President of SPAAR - "Metro Housing Market Continues Recovery"
Moving Toward Balance

Saint Paul, MN (Grassroots Newswire) - Existing, single-family residential real estate pending sales during the month of May increased 5.0 percent from the previous month reported the Saint Paul Area Association of REALTORS® this morning. There were 4,418 reported pending sales during the month compared to 4,208 in April 08. However, that is a decline of 7.59 percent from the reported pending sales during the month of May 07.

At the end of May 08 there were 33,229 active single-family, residential listings in the 13-county metro area as reported by RMLS system. At the same time one year ago there were 35,236 active listings. That's a decline of 5.7 percent. The combined factors of higher pending sales and lower inventory has managed to lower the months-supply of inventory from 8.3 in April 08 to 7.9 by May 08. The months-supply of inventory peaked in December 07 at 14. The months-supply of inventory is a measure of the number of months it would take to sell the supply of inventory at the current pace of sales.

"This is a sign that the housing market in the Twin Cities continues to recover even with the challenging economic factors of high oil prices and instability in the markets," said Greg Bauman, Broker for Realty Executives and President of the Saint Paul Area Association of REALTORS®. "The market continues to perform as expected and we will see continued stabilization for the 2nd half of 2008 and on into the beginning of next year."

New listings added to the overall inventory of existing, single-family residential homes available for purchase continues to lag behind previous record-setting years. There were 9,436 new listings reported in May 08 compared to 11,261 reported for the same month in 07. That's a decline of 16.21 percent. When viewed from a "year-to-date" perspective, new listings are 11.04 percent behind the same five month period of 07.

Closed home sales continue to build, but at a slightly slower pace than previous years as buyers remain on the sidelines in anticipation of lower prices and a stronger economy. There were 3,720 closed home sales reported in the 13-county metro area during May 08. That's an increase of 18.96 percent from April 08 when there were 3,127 reported closed home sales. When compared to May 07 closed home sales there was a drop of 13.45 percent recorded.

The May 08 median sales price for the 13-county metro continued to show a decline from the previous year, but has held steady for the year. The median sales price reported for the 13-county metro was $205,000 in May 08 compared to $227,495 in May 07, a decline of 9.89 percent.

Housing statistics include existing single family homes, condominiums and townhomes. Statistics are provided by the Saint Paul Area Association of REALTORS® and are based on data supplied by the Regional Multiple Listing Service.

The Saint Paul Area Association of REALTORS® represents 4,000 members involved in all aspects of the real estate industry.

For more information about Twin Cities area home sales statistics, contact Patrick Ruble at 651-772-6343 ( pruble@spaar.com ) or Meg Chiodo at 651-772-6341 (mchiodo@spaar.com ).

###

Greg Bauman
Realty Executives
612-760-9393
GregBauman@RealtyExecutives.com

Photos available for this release:

Realty Executives

To view photos, go to www.enr-corp.com/pressroom and enter Release ID: 152426

June 11, 2008

NEW REALTY EXECUTIVES OFFICE OPENS IN “BLACK HILLS”





FOR IMMEDIATE RELEASE

Contact: Marissa Leon
Public Relations
Realty Executives International
Phone: (602) 957-0747
E-Mail: MarissaLeon@RealtyExecutives.com

Thursday, June 12, 2008


NEW REALTY EXECUTIVES OFFICE OPENS IN “BLACK HILLS”
New Real Estate Franchise Arrives In Hill City, South Dakota

Hill City, South Dakota (Grassroots Newswire) - A new Realty Executives office has opened at 296 Main Street in Hill City, the 71st Realty Executives office in the Midwest Region.

Doug Groves formerly with All American Realty Group of Hill City, is the Broker / Owner and will manage the new Hill City office.



Doug has owned and operated a Real Estate brokerage in the Black Hills since 2001.

Groves stated, "REALTY EXECUTIVES gives me the broker the tools to develop my existing staff and the tools to attract top agents in my area. During Franchise training we became more aware of our budget and how to create a win / win relationship with our EXECUTIVES "agents". The tools have been simply amazing. Our EXECUTIVES truly enjoy this plug and play company with nothing left to chance. I know we will become one of the top Real Estate companies in the area."



Realty Executives International, the Phoenix, Arizona-based parent company and franchisor, was the first 100-percent commission real estate company in North America, creating the new method of operating a real estate agency in 1965.

This concept attracts the most experienced, confident and hard-working agents, who are discovering the increased income potential of affiliation with an international company like Realty Executives, which has been perfecting the concept for more than 42 years.



For more information, please contact Doug Groves at 1-888-791-3223. Or visit www.RealtyExecutivesBlackHills.com

About Realty Executives International
Realty Executives International, the nation’s first 100-percent commission company, has been perfecting its business model for more than 42 years and is one of the fastest-growing real estate franchises in North America. The Phoenix-based, privately held company has more than 800 franchises in ten countries, including offices in the United States, Canada, South Africa, Mexico, Australia, Israel, Costa Rica, France, Greece and Indonesia. Publications like Entrepreneur, Success and Inc. magazines have all ranked Realty Executives International, Inc as a leader based on franchise growth, management stability and financial soundness. For additional company information, call 1-800-252-3366, or visit www.RealtyExecutives.com.

###


Photos available for this release:

Realty Executives
Black Hills Office


To view photos, go to www.enr-corp.com/pressroom and enter Release ID: 152482

May 8, 2008

“Minnesota seems to be recovering faster than the rest of the nation month to month on the whole”, stated Greg Bauman, President of the SPAAR


For Immediate Release
May 8, 2008
Contact:
Patrick Ruble or Meg Chiodo
Saint Paul Area Association of REALTORS®
651-776-6000
pruble@spaar.com
mchiodo@spaar.com


Encouraging Signs for the Twin Cities Metro

For the first time in 2008, the number of active listings (single family residential, including condos, townhomes and twinhomes) for the 13-county metro has dropped below previous months levels. In April the number of active listings was down 3.1 percent from one year ago. At the end of April in 2007 there were 33,374 active listings reported, while April end of month 08 active listings was reported at 32,325.

“Minnesota seems to be recovering faster than the rest of the nation month to month on the whole”, stated Greg Bauman, President of the Saint Paul Area Association of REALTORS®.

A positive sign that has been affecting the market’s balance is the relatively slow pace of new listings added to the RMLS system month-over-month compared to previous seasons. While the number of new listings added to the system in April 08 grew by 11.53 percent from March 08, the total new listings, for the year is down 9.52 percent compared to 07. Year-to-date new listings are 34,603 compared to 38,245 in the first four months of 07. Compared to April 07 when there were 10,742 new listings reported, the number of new listings in April 08 is down 11.51 percent with 9,506 reported.

Pending sales, while seemingly picking up steam, continues to lag behind previous years April numbers. There were 4,208 pending sales reported for the 13-county metro in April 08 compared to 4,507 during the same period in 07, a decline of 6.63 percent. However, the market appears to be working toward a rebound when compared to month-over-month views. There were 576 more pending sales reported in April 08 than March 08, an increase of 15.86 percent, a stronger percentage showing than the April over March numbers reported in 07. During that period the month-over-month increase was only 253 pending sales for a percentage increase of 5.95 percent.

Mr. Bauman also stated that “this trend looks to continue through the summer market. Buyers are coming back into the market because they can see the bottom and the opportunity is now.”

In the 13-county metro there were 3,127 closed home sales in April 08 compared to 3,440 reported one year ago, a decline of 9.1 percent. The spring selling season appears to be picking up some momentum from the sluggish winter months as there were 440 more closed home sales in April 08 than March 08, an increase of 16.38 percent. This is slightly better than the increase reported in March 07 over April 07 of 12.56percent.

The median sales price continues its struggle upward from a dismal 08 beginning when, in February the median price of a closed home sale dipped to $195,060. The April median sales price in the 13-county metro came in at $204,500, up 2.25 percent from March 08. The decline from April 07 however was 7.88 percent when the median sales price was reported at $222,000.

According to calculations the months’ supply of inventory also dropped in April to 8.1 with average days on market for sold properties at 85.

On a weekly basis the reported pending sales continue to show an upward trend with less erratic behavior than 2007. New listings added to the system, on a weekly basis, continue to trail last year’s numbers, as well.

Housing statistics include existing single family homes, condominiums and townhomes. Statistics are provided by the Saint Paul Area Association of REALTORS® and are based on data supplied by the Regional Multiple Listing Service.

The Saint Paul Area Association of REALTORS® represents 4,000 members involved in all aspects of the real estate industry.

For more information about Twin Cities area home sales statistics, contact Patrick Ruble at 651-772-6343 (pruble@spaar.com) or Meg Chiodo at 651-772-6341 mchiodo@spaar.com).

###

B. Patrick Ruble
Government Affairs Director
Saint Paul Area Association of REALTORS®
651-772-6343
pruble@spaar.com

April 10, 2008

Greg Bauman, President of the Saint Paul Area Association of REALTORS®, stated we “Continue to see signs of a stabilizing market."


For Immediate Release
April 10, 2008
Contact:
Patrick Ruble
Saint Paul Area Association of REALTORS®
651.772.6343
pruble@spaar.com


Signs of a spring market

Proportionally speaking the current housing sales activity appears to be sizing up as a typical spring market. There were no significant surprises for the first quarter although sales continue to lag behind prior years.

Pending sales, a leading indicator of future closed home sales, moved strongly forward from February to March increasing 17.65 percent for the month. There were 3,087 pending sales reported last month compared to 3,632 pending sales reported in March 08. However, pending sales continue to fall behind previous year’s levels, down 14.62 percent from March 07. Last year there were 4,254 pending sales reported for the month.

At the end of March 08 there were 30,745 active listings of existing, single-family residential properties reported for the 13-county metro area in the Regional Multiple Listing Service of Minnesota’s (RMLS) system, while compared to 30,470 one year ago. This slowing pace of new listings has significantly contributed to a move toward stabilization of housing sales in the Twin Cities. It will still take some time to work through the inventory toward a balanced market.

The Months Supply of Inventory (MSI), the amount of time it would take to sell through the current number of listed properties, continues to move downward, a good sign, from approximately 12.3 in January, 10.6 in February to 9 months in March. Average days on market for sold listings continue to hold steady at 89 days in March compared to 88 days in February.

New listings for the first Quarter of 08 totaled 25,097 compared to 27,503 one year ago, a decline of 8.57 percent. March 08 new listings trailed 16.97 percent from one year ago. During the month of March 08 there were 8,523 new listings added to the inventory compared to 10,265 one year ago.

The median price of a closed home for the 13 county metro area during March 08 rose 2.53 percent to $200,000 from the $195,060 reported in February 08. The median price for closed home sales remains down 9.69 percent compared to March 07 in the 13 county metro.

Greg Bauman, President of the Saint Paul Area Association of REALTORS®, stated we “Continue to see signs of a stabilizing market. March looked very similar to February with the exception of the median price having a small increase over last month. Buyers appear to be coming back into the market despite one of the snowiest March's in recent years.”

Housing statistics include existing single-family homes, condominiums and townhouses. Statistics are provided by the Saint Paul Area Association REALTORS® and are based on data supplied by the Regional Multiple Listing Service.

The Saint Paul Area Association of REALTORS® represents 4,000 members involved in all aspects of the real estate industry.

For more information about Twin Cities area home sales statistics, contact Patrick Ruble at 651-772-6343 (pruble@spaar.com ).

###

B. Patrick Ruble
Government Affairs Director
Saint Paul Area Association of REALTORS®
651-772-6343
pruble@spaar.com

March 14, 2008

Editorial: For sale: Signs of hope for real estate

Editorial: For sale: Signs of hope for real estate
It's a buyer's market if you're in it for the long haul.


Realtor Greg Bauman started worrying about the health of the Twin Cities real estate market when prospective buyers began calling him from California to bid on homes based solely on Internet listings.

It seemed odd to Bauman that buyers would skip the step of actually visiting the properties. The phenomenon was yet another sign that speculation in residential real estate was out of control. Although bad-news headlines have been the norm ever since -- and no one can predict when we'll reach the bottom of the housing cycle -- this is no time to panic.

For existing homeowners, this week's news that the median sale price dropped 12.5 percent in February to $195,060 was sobering, especially versus a median of $225,000 in 2006. Back when those California cyber speculators were calling Bauman, homeowners and potential buyers were riding a wave of median increases of 8 or 9 percent a year.

But a drop in the median is not all bad news. Bauman, who serves as president of the St. Paul Area Association of Realtors, points out that the big February dip signaled a purging of lower-priced properties, including bank-owned houses. Sales of homes priced below $150,000, including some that had been foreclosed upon, was a key factor. The purge is a necessary part of the market cleansing now taking place throughout the Twin Cities.

The upside to falling prices is that some buyers who were priced out of the market during the frenzy of speculation will now be able to find larger, affordable homes as prices fall. Many of those will be first-time buyers who will benefit from newly increased FHA loan limits and low interest rates.

As the Realtors will tell you, it's a good time to be a buyer.

March 12, 2008

Signs of Improvement in the Local Housing Market


FOR IMMEDIATE RELEASE

Contact: Patrick Ruble
Saint Paul Area Association of REALTORS®
Phone: (651) 772-6343
E-Mail: pruble@spaar.com

Wednesday, March 12, 2008

Signs of Improvement in the Local Housing Market
Gregory Bauman, Realty Executives and President of the Saint Paul Area Association of REALTORS® stated today.

Saint Paul, MN-
Consumers and REALTORS® agree that, in the past two months, there has been an increase in foot traffic through open houses and a stronger interest in showings of “for sale” properties in the 13-county Twin Cities metro area. REALTOR® offices in the east metro have reported February showings up more than 10 percent over the previous month. March showings have come on even stronger.

“The interest of home buyers to make that purchase decision has ramped up this past month,” Gregory Bauman, Broker Owner Realty Executives and president of the Saint Paul Area Association of REALTORS® stated today. He went on to say, “We are beginning to see positive signs that the credit crisis is being addressed at the federal level and this will translate into more confidence at the local level where the transactions take place.”

While this heightened level of activity has not resulted in stronger closed home sales for January and February, there are some positive indicators that bode well for the future of existing, residential real estate sales: pending sales, inventory and affordability.

Pending sales, a leading indicator of future closed home sales, moved strongly forward from January to February increasing 20.49 percent for the month. There were 3,087 pending sales reported in February compared to 2,562 in January. That is the third highest percentage increase of pending sales from January to February in the past eight years. That rate was exceeded in 04 (21.02 percent) and 05 (33.9 percent).

At the end of February there were 29,667 active listings reported for the 13-county metro area in the Regional Multiple Listing Service of Minnesota’s (RMLS) system. That is a 5.0 percent increase from February 07 when 28,256 active listings were reported. The significance of the current level of inventory is the rate at which new inventory has been added to the system.

The rate of new listings added to the inventory during the first two months of 08 has slowed significantly compared to 07 and 06 when the market began to show serious signs of deterioration. From January 08 to March 08 the level of inventory increased by 12.29 percent, a reasonable number as the traditional selling season kicked off. During the same three month period of 06 the level of inventory increased by 22.71 percent while in 07 the increase was reported at 16.38 percent. The Months Supply of Inventory (MSI), the amount of time it would take to sell through the current number of listed properties, is 10.2 months. That’s a drop from the 12.1 MSI reported in January 08.

“The current state of the real estate market is truly an opportunity for first-time home buyers and those looking to purchase more house for their money,” stated Gregory Bauman, Broker Owner Realty Executives and President of the Saint Paul Area Association of RELATORS®. Bauman added, “It will take good credit and, if you are selling, the willingness to negotiate a reasonable selling price to achieve your homeownership goals today. Residential real estate is where we raise families and become part of a larger community. It remains a stable investment if handled responsibly.”

Prolonged pressure from the high level of inventory, lack of buyer activity, credit concerns and the negative economic information continued to weigh down the median sales price of homes in the metro area. The median price of a closed home sale for the 13-county metro area was $195,060, a decrease of 12.53 percent from one year ago. As the median price drops and single-family residential properties become more affordable to consumers the level of sales activity should begin to increase substantially. There were 2,009 recorded closed home sales in the 13-county metro area.

Housing statistics include existing single-family homes, condominiums and townhouses. Statistics are provided by the Saint Paul Area Association REALTORS® and are based on data supplied by the Regional Multiple Listing Service.

The Saint Paul Area Association of REALTORS® represents 4,000 members involved in all aspects of the real estate industry.

For more information about Twin Cities area home sales statistics, contact Patrick Ruble at 651-772-6343 (pruble@spaar.com). Or Gregory Bauman, Realty Executives at 612-760-9393(gregbauman@realtyexecutives.com).

March 6, 2008

NEW REALTY EXECUTIVES OFFICE OPENS IN Wayzata


FOR IMMEDIATE RELEASE

Contact: Marissa Leon
Public Relations
Realty Executives International
Phone: (602) 957-0747
E-Mail: MarissaLeon@Realty Executives.com

Thursday, March 06, 2008


NEW REALTY EXECUTIVES OFFICE OPENS IN Wayzata
New real estate franchise arrives in local area

Wayzata, Minnesota (Grassroots Newswire) 03-06-2008 -- A new Realty Executives office has opened at 810 Lake Street East Suite 270 in Wayzata, the 70th Realty Executives office in the Midwest.

Barry Cavalancia has owned and operated Realty Executives brokerages in Plymouth, Saint Paul, Edina, Minneapolis Uptown since May, 2004.

The Wayzata office is in Crosscreek, a retail center in downtown Wayzata. They have leased space for the next 5 years at this location. The Address is 810 Lake Street East Suite 270, Wayzata, MN 55391. Cavalancia says "Downtown Wayzata has a small town feel with big city living". Along Lake Street in Wayzata is 4 other real estate offices- CBB, Edina, Keller Williams, and RE/Max with over 800 agents who will see our sign daily. We are located on the lakeshore side of the street and plan this spring to staff the shopping rotunda with an Executive to attract lakeshore buyers who we will give lakeshore tours from the lake. "We are excited” comments Barry.

Realty Executives International, the Phoenix, Arizona-based parent company and franchisor, was the first 100-percent commission real estate company in North America, creating the new method of operating a real estate agency in 1965.

This concept attracts the most experienced, confident and hard-working agents, who are discovering the increased income potential of affiliation with an international company like Realty Executives, which has been perfecting the concept for more than 42 years.

For more information on Realty Executives Associates, please contact Barry Cavalancia at 612-990-6375. Or visit www.RealtyExecutivesMidwest.com.

About Realty Executives International
The Phoenix-based, privately held company has more than 800 franchises in ten countries, including offices in the United States, Canada, South Africa, Mexico, Australia, Israel, Costa Rica, France, Greece and Indonesia. Publications like Entrepreneur, Success and Inc. magazines have all ranked Realty Executives International, Inc as a leader based on franchise growth, management stability and financial soundness. For additional company information, call 1-800-252-3366, or visit www.RealtyExecutives.com.

March 5, 2008

Realty Executives VP Named President Saint Paul Area Association of REALTORS®


FOR IMMEDIATE RELEASE

Contact: Marissa Leon
Public Relations
Realty Executives International
Phone: (602) 957-0747
E-Mail: MarissaLeon@RealtyExecutives.com

March 05, 2008

Realty Executives VP Named President Saint Paul Area Association of REALTORS®
Saint Paul Area Association of REALTORS® (SPAAR) celebrated the installation of their 2008 leadership

Phoenix, AZ (Grassroots Newswire)- Directors during their annual Inauguration, held this year at the Saint Paul Hotel in downtown Saint Paul.

The Saint Paul Area Association of REALTORS® proudly announced its 2008 Executive Committee: President Gregory Bauman with Realty Executives Twin Cities; President-Elect Rae Jean Malone with Keller Williams Integrity; Secretary Jennifer Snyder with RE/MAX; Treasurer Mya Honeywell with Coldwell Banker Burnet; Director-at-Large Richard Mesenburg with Edina Realty; and Past President Steve Hyland with Split Rock Realty.

The association also welcomed newly elected Board of Directors members Jason Gorman with Keller Williams Premier Realty; Thomas Janos with RE/MAX Associates Plus, Inc.; Jennifer Mains with Keller Williams Premier Realty; Mechelle Malone with Keller Williams Integrity; and Winder Webb with Keller Williams Premier Realty.

Returning Board of Directors members include: Denny Aubin with Edina Realty; Mya Honeywell with Coldwell Banker Burnet; Cedar Kirtley with Coldwell Banker Burnet; Greg Lemmons with Capital Title Corp.; Carina McCall Schafer with RE/MAX Resources; John Piché with Century 21 Jay Blank Realty; Jim Reiter with Century 21 Jay Blank Realty; Jesse Sampair with Sampair Companies; Jennifer Schweiker with Cardinal Realty; and Jim Young with Edina Realty.

June Wiener with Cardinal Realty was awarded the REALTOR® of the Year Award, the highest honor a REALTOR® can receive from an association, for her dedication to increasing professionalism within the industry; her extensive expertise; and her commitment to building and strengthening communities.

The Saint Paul Area Association of REALTORS® is the leading resource for the real estate industry in the Twin Cities and represents nearly 4,500 members involved in all aspects of the real estate industry.

About Realty Executives International
Realty Executives International, the nation’s first 100-percent commission company, has been perfecting its business model for more than 42 years and is one of the fastest-growing real estate franchises in North America. The Phoenix-based, privately held company has more than 800 franchises in ten countries, including offices in the United States, Canada, South Africa, Mexico, Australia, Israel, Costa Rica, France, Greece and Indonesia. Publications like Entrepreneur, Success and Inc. magazines have all ranked Realty Executives International, Inc as a leader based on franchise growth, management stability and financial soundness. For additional company information, call 1-800-252-3366, or visit www.RealtyExecutives.com.

###

Photos available for this release:

Realty Executives Midwest

To view photos, go to www.enewsrelease.com/pressroom and enter Release ID: 136115

March 4, 2008

NEW REALTY EXECUTIVES OFFICE OPENS IN FARGO - MOORHEAD


FOR IMMEDIATE RELEASE

Contact: Jim McCreary
Broker Owner
Realty Executives North Plains
Phone: (701) 207-0100
E-Mail: Homes@JimMcCreary.com


NEW REALTY EXECUTIVES OFFICE OPENS IN FARGO - MOORHEAD
New real estate franchise arrives in local area

Fargo - Moorhead North Dakota (Grassroots Newswire) 03/04/2008- A new Realty Executives office has opened at 1401 32nd Street South in Fargo, the seventy second Realty Executives office in the Midwest Region.

Jim McCreary formerly with RE/MAX of Fargo, has been appointed to manage the new Fargo - Moorhead office.

Twelve of the area’s top real estate Executives have partnered to bring the first Realty Executives franchise to North Dakota. The new company’s name is Realty Executives North Plains.

Realty Executives International, the Phoenix, Arizona-based parent company and franchisor, was the first 100-percent commission real estate company in North America, creating the new method of operating a real estate agency in 1965.

This concept attracts the most experienced, confident and hard-working agents, who are discovering the increased income potential of affiliation with an international company like Realty Executives, which has been perfecting the concept for more than 42 years.

For more information on Realty Executives North Plains, please contact Jim McCreary, Tracy Green or Greg Baldwin at 701-499-5300. Or visit them at RealtyExecutivesFargo.com

About Realty Executives International
Realty Executives International, the nation’s first 100-percent commission company, has been perfecting its business model for more than 42 years and is one of the fastest-growing real estate franchises in North America. The Phoenix-based, privately held company has more than 800 franchises in ten countries, including offices in the United States, Canada, South Africa, Mexico, Australia, Israel, Costa Rica, France, Greece and Indonesia. Publications like Entrepreneur, Success and Inc. magazines have all ranked Realty Executives International, Inc as a leader based on franchise growth, management stability and financial soundness. For additional company information, call 1-800-252-3366, or visit www.realtyexecutives.com.
###

Photos available for this release:

Realty Executives North Plains

To view photos, go to www.enewsrelease.com/pressroom and enter Release ID: 135826

"How To Insulate Yourself Against Negative News Reports"

"How To Insulate Yourself Against Negative News Reports"

by Denise Lones

Here we go again!! The news media is back and playing its old game of pummeling the airwaves with predictions of doom for the real estate industry. "The Big Crash Is Coming," "Disaster Ahead," "The Bubble Is About To Burst." Blah, blah, blah.

And it's working. People are scared. You can't go to a supermarket or coffee shop without overhearing a conversation about how bad the market is. Whenever you hear a piece of information pounded at you from different sources, naturally it's going to sink in.

But it's up to you to think. Don't just blindly believe a newsreader just because they are on television. True, numbers have been falling. Nobody can deny that. But, the "end of the world" hype is just not supported by any evidence. You must always remember that news media love predictions of disaster because it scares people into watching the news—even if it never happens.

This phenomenon of modern news is on display every time a storm brews in the ocean. Suddenly, the Final Days of Earth are upon us—then the storm turns to a little rain and it's all over. News people love reporting about imminent air disasters, L.A. car chases, and Wall Street's ups and downs.

The problem is that the facts don't support the wild claims.

When a market crashes, there must be a catalyst for that crash. There isn't one. There are only fluctuations. Today's fluctuations may be swinging downward more than last year, but it's by no means a crash. There has been no event—like the stock market crash of 1929 or other disaster—large enough to cause a crash.

Further, I'll go on to say that we are in one of the best times in real estate history. No, I'm not kidding. I'm very serious here. While agents are panicking all across the country and thinking about getting back into the corporate world, I say this is the best time to be a real estate agent.

The news media would laugh at me, but they're not in the trenches every day with me and they don't see what I see. What do I see?

A strong economy. This is a key factor in any analysis of the real estate market. The current economic viability of the United States ensures that no matter how wild the real estate market fluctuations may be, there are still people with money. And people with money will always want new property.
Job growth. Similarly, so long as new jobs are being created, there will always be a demand for housing. Companies open up new facilities and their employees who move there need places to live.
A moving population. Americans move more than ever before. The average time people spend in a home has dropped dramatically over the past 30 years. They buy, sell, move again, buy summer homes, buy winter homes, buy investment property, and buy homes for their parents.
So what's all the hype about, right? How can I possibly make these apparently outlandish statements while the news media is saying the exact opposite?

Well, the market HAS cooled a little bit. No, I take back the word "cooled." That just feeds the media's "crash" frenzy. The numbers have slightly declined, but they've declined in a market that was in the midst of the biggest boom in history. That fact must be taken into consideration for any accurate analysis.

Remember, the past ten years have been spectacular—in fact, abnormally high. Numbers may be dropping a bit, but they're dropping to a level that is still above average.

Let's put things into a numbers' perspective. If our market in 2005 had increased by 25%, then "cooled" 4% in 2006, then we're still 21% up! This is not a "crash." This isn't even "cooling," but according to the news media the real estate market as we know it is about to explode. I don't think so.

Okay, let's play their game and we'll say the market crashes tomorrow. According to the media, this would mean that there is no more real estate activity or reason for anyone to buy. What they do not take into account is the fact that no matter what happens in the real estate market, the necessities of life guarantee real estate transactions. Even if interest rates went up to 18%, there would still be a lot of real estate activity.

A good agent survives and even thrives in a more difficult market. People need agents more in such a market. They need your help, advice, research, and skills. The agent who embraces a downturn in the market is the one who will take advantage of such a market and make it work in their favor.

Remember 20 years ago when interest rates went into double digits? Were real estate agents not working? No. Were people not selling? No. Things may have worked a bit differently, but good agents were making money.

The market also takes care of itself in up-and down-turns because when interest rates rise, prices drop. There is always a balance effect. Not to mention there are scores of people who come out of the woodwork to take advantage of a "down" market by buying at lower prices—people who would not buy in an "up" market, because prices were too high. Different market, different clients.

So, stop fearing the crash! First of all, there isn't one. And even if there were, your best antidote is the knowledge that no matter what kind of market we're in, you can survive. Your attitude is your greatest ally. As long as you understand how it all balances out and you know how to adapt to market fluctuations, you'll thrive by providing the same informed service to your clients.

February 29, 2008

LOCAL REALTY EXECUTIVES BROKERAGE LAUNCHES PARTNERSHIP


FOR IMMEDIATE RELEASE

Contact: Jason Whaley
Realty Executives Top Producers
612-251-1533

LOCAL REALTY EXECUTIVES BROKERAGE LAUNCHES PARTNERSHIP
Realty Executives Top Producers in Burnsville expands its business by launching partnership

Burnsville, Minnesota (Grassroots Newswire) 02/29/2008 -- The local Realty Executives Top Producers location in Burnsville has just announced that it has partnered with Auctus Real Estate Group, LLC.

"We are happy to share the good news with the Burnsville community," said Jason Whaley of Realty Executives Top Producers. "This partnership will expand our services in the local area and will allow us to continue to uphold the ’spirit’ of Realty Executives International: integrity, leadership and ingenuity."

Auctus has many experienced agents licensed in Minnesota and Wisconsin who have years of experience in the Minneapolis, St. Paul, and surrounding suburbs. Now combined with International name of Realty Executives our growth has no limit.

Realty Executives International is one of the most closely followed real estate franchises in the world. Since its beginning in Phoenix, Arizona more than 42 years ago, the company has become one of the fastest growing franchises in any industry. Phenomenal franchise growth and a unique franchise development strategy are creating even more interest in the company, according to Rich Rector, president and CEO of Realty Executives International.

"We look forward to a great future with Auctus Real Estate Group, LLC and know that this joint venture will prove to be successful for our office, as well as for the Burnsville community and the surrounding areas," Whaley added.

For more information about Realty Executives Top Producers, please contact Jason Whaley at 612-251-1533.

About Realty Executives International
Realty Executives International, the nation’s first 100-percent commission company, has been perfecting its business model for more than 42 years and is one of the fastest-growing real estate franchises in North America. The Phoenix-based, privately held company has more than 800 franchises in ten countries, including offices in the United States, Canada, South Africa, Mexico, Australia, Israel, Costa Rica, France, Greece and Indonesia. Publications like Entrepreneur, Success and Inc. magazines have all ranked Realty Executives International, Inc as a leader based on franchise growth, management stability and financial soundness. For additional company information, call 1-800-252-3366, or visit www.realtyexecutives.com.

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Photos available for this release:

Realty Executives Top Producers


To view photos, go to www.enewsrelease.com/pressroom and enter Release ID: 135135

January 17, 2008

Success Spawns 100% Spin-Offs

http://rx100success.com/spinoff.html

Success Spawns
100% Spin-Offs

Two capable-and highly motivated, agents-who joined Realty Executives in its infancy were to play a significant role in its history. For John Hendrickson and Dave Liniger, though, Realty Executives was to be a relatively brief stop on the way to building their own empires. One quickly faded into obscurity. The other succeeded, and even today is prospering by promoting his own version of Dale's 100 percent concept.

The former Realty Executives agent who took the 100 percent concept and ran with it was David L. Liniger, an eager young real estate salesman. Liniger had joined Dale Rector's Tempe, Arizona office on June 15,1971 after a brief stint at Ed Thirkhill Realty, a traditional Phoenix brokerage. Within a month, records show he had moved on to the Realty Executives office in nearby Mesa. During his Arizona tenure, which lasted slightly more than one year, Liniger tracked some 21 listings and 18 sales. At one point, says Dale, he even managed the Tempe Realty Executives office.
The two then struck what Dale calls a "gentleman's agreement."

Liniger wanted to move to Denver to explore the possibilities of expanding Realty Executives into that booming metropolitan area, according to Dale.

"The partnership agreement was that we would be 50-50 partners, that we would own the offices. I would guarantee the loans, because we'd have to go to the bank," says Dale. "I had known this banker from Pueblo who had moved to the Denver suburb of Lakewood to manage a bank there ...it was the first time either Dave or I had ever seen a bank machine outside the building where you could punch a few numbers and get actual money.

"The banker, Robin Bailey, was so proud of being the first to have this machine and of course Dave and I were really thrilled to see this sort of innovation.

"Anyway, we made arrangements to get our loan there and open offices. But the main thing was he had to get his broker's license before he could do anything. Then, any profit made we'd split down the middle and, of course, we had conflicts.

"He said `Dale, you can't charge $35 a month and come out on this thing, so you know we'll have to have more money than that.'

"I said, `Well, with the two of us, we might have to charge $50,"' Dale says with a laugh.

On July 7, 1972, Liniger called Dale with an update on the Denver progress. In response, Dale penned the following note, reinforcing their plans and partnership in the Denver project:


July 7, 1972

Dave Liniger 7103 South Tamarac Street Englewood, Colorado 80110

Dear Dave,

It was great to talk to you this morning. Thank you very much for your call.

Enclosed is our new salesman's manual. I think it
will especially help the new members of the organization.
Please let me know of your ideas on how to make it better.
We will open with the trade-in program in effect so that should be a help in attracting salesmen.

As we progress in SanDiego, I will keep you informed of the legal and technical problems.

It was great to talk to you.

Very sincerely yours,
R. Dale Rector




To qualify for the broker's license he would need if he were to set up the Realty Executives shop-or any other shop for that matter-and to learn the Denver territory, Liniger went to work for the Denver firm of Van Schaack & Company, a conventional real estate outfit. From there, he sought Dale's help to obtain his Colorado real estate credentials.



Liniger wrote the following letter to Dale:


Dale quickly responded with the following note:

August 25, 1972 Colorado Real Estate Commission RE: Dave Liniger Dear Sirs:

Dave was one of the finest Associates we have ever had in our organization, and we certainly recommend that he be granted his Broker's license in Colorado.

While he was with us, Dave's listings totaled 21, and he had 18 sales.

Very sincerely yours,

R. Dale Rector


NO SELLING JOB - was needed to enlist Realty Executives, 1000 Apache Boulevard, into Chamber of Commerce membership. The firm's salesmen (from left) Steve Sasse, Tim McBratney and Dave Liniger discuss Chamber activities with C of C builder Hut Hutson...



With the exception of a few phone conversations and a couple of trips to Denver to check on how plans were proceeding, Dale had little contact with Liniger during the ensuing months. So, when one of his Phoenix agents returned from a trip through Denver, Dale was blind-sided by his telephone call. He had a very distressing question concerning Liniger.

"He said, `Dale, what's this deal about `Reax' in Denver? You know, our code name is Reax, what are they doing up there?"'

"He was referring to a company named Re/Max," says Dale, "and was obviously confused since our MLS code was Reax."

"I called Dave and asked `What the hell is going on?' And he says, `Well, you know, in our agreement, if there was a bankruptcy, the agreement was automatically void. And, in order to make this thing work, in order to do the things I needed to do, I had to go bankrupt,"' Dale remembers Liniger informing him.

"I felt terrible ...betrayed," he says.

As Dale recalls the succession of events, Liniger had by then partnered with four others who funded a new real estate enterprise that he had conceived. Charging each of his new agents a $125 fee each month, he and his partners would then receive monthly payments of $25 apiece.

In January 1973 David L. Liniger filed for incorporation with the Colorado Secretary of State's office. By establishing his company, then Real Estate Maximums Inc., he accomplished what Dale and he had initially contemplated doingopen a Colorado real estate company based on Dale's 100 percent commission concept. The only difference was that rather than a partner, he had become a competitor....(Click Here for the rest of the story)

Excerpts from Signs of Success by Steve Tripp. Foreword by Tom Hopkins, Meritage Press � 1995 ISBN# 0-9645698-0-9. Information deemed to be accurate. 100% Success, LLC disclaims any liability incurred in connection with use of information appearing.

Greg Bauman 2008 Real Estate Summit - Realty Executives

9:35 AM 2007 Twin Cities Housing Market Statistics Greg Bauman, St. Paul Area Association of REALTORS® Kevin Knudsen, Minneapolis Area ... all » Association of REALTORS® Rod Schimmel, North Metro REALTORS® Association Kay McDonough, Southern Twin Cities Association of REALTORS®

Hear the live release of the official 2007 Twin Cities Housing Market Statistics from the four Twin Cities REALTOR® association presidents Brief question and answer session for the assembled media