Special Report

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...

Inman Blog

A big slice of REO pie

Real estate brokerage company reported in its first-quarter earnings today that real estate transactions involving short sales, foreclosures and real estate-owned (REO) properties have grown to represent over a 40 percent share of total transactions in some market areas.

The company reported that it closed more sales in the first quarter than in the same quarter last year, though the dollar volume actually declined -- in part due to the growth in handling these types of sales.  more...

OpinionsLetter to the Editor

Simple rules for disclosure, inspections

Re: 'Home inspection advice called 'anti-Realtor'' (May 6)

Dear Editor:

After 30 years as a Realtor the same problems keep coming up: What to disclose, who to use for inspections.

It is a very simple fix. I tell my sellers: "If you have to ask, 'Should I disclose something?' then you have to disclose that item.  more...