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Important FHA Update and Changes
Brandon and I are at the NAR Convention and listened to FHA Commissioner Dave Stevens today. He is clearly engaged, understands the issues the industry faces and is on our side. Some highlights:
- Beginning Monday, FHA will no longer require a second appraisal in declining markets! If you followed us on twitter (@remaxallegiance) you would have known this as soon as Stevens uttered the new policy in the session. By the way, Dave Stevens now personally follows Allegiance on Twitter.
- The stimulus is working. For example, if it were not for the Fed buying mortgage backed securities, interest rates would be at about 7.5%. Stevens stated that worrying about deficits
Did You Hear That Whooshing Sound?
It was the sound of $86 million in Keller Williams market share in New England going to RE/MAX:
A 45-agent Keller Williams office in Framingham, Mass., converted to RE/MAX in October, giving the network a huge market share boost with the creation of RE/MAX Best Choice Real Estate.
New Broker/Owner Annette Norton, who had been with Keller Williams for five years, most recently as the office manager, chose RE/MAX because of its powerful brand name and the tools, culture and support offered by the network. Fiona Beecy, Regional Director of Operations for RE/MAX of New England, worked with Norton to convert the office and attract the new agents to RE/MAX.
R
Google It
A recent search on Google returned 98 million results for “RE/MAX,” 43 million for “Century 21,” 8 million for “Coldwell Banker” and 5 million for “Keller Williams.”
Not enough data.
Calculated for blogs with 20+ followers.
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