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We Are the Lions

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  1. I am as excited for the new year, as Mr. Brown ! It’s going to be great! It’s going to be only my second year in the business, and it only gets better and better.

  2. Steve,
    Why has there not been a Call-to Action regarding the Mortgage Debt Relief Act? We’re running out of time. This is very critical in our market as we are a casino based economy and conditions here are worsening.

    Thanks,
    Bill

  3. Mr. Brown,

    Thank you for this inspirational message. I have designed a program to help empower our fellow members with what they need to enhance communication, both inside and outside of NAR. I am seeking your assistance and support to have our fellow members act as one body, with common vision, purpose and goals.

    I would like to meet with you to provide an overview of how working together we can accomplish this. I do want to join you in making NAR an even greater organization and have developed a way to do just that. Please contact me at your convenience.

    All the best,

    Ian Hamilton – Realtor®
    International NAR Member

  4. Looking forward to serving under your leadership Steve!

  5. John Stevens

    Mr. Brown,
    As an associate broker in the South Florida market, I see things a little differently. In my opinion, the MLS system and realtors are being out muscled by the huge amount of distress inventory of Loan Servicers like Ocwen and GSE’s like Fannie Mae. Why these companies are allowed to place their inventory with a broker in the MLS and then require realtors to go to Hubzu.com or Homepath.com to sign up on the website and submit offers. I feel these sites are designed to eventually cut the realtors out of the transaction turning it into an auction style transaction not suited for unsophisticated home buyers.

    I have had trouble dealing with theses sites and try to avoid these listings for my clients as the business practices are questionable. Here is an example of a negotiation done for one of my buyers on a homepath.com house listed in the MLS at $299k. The comparable sales show an average value of $235k with a high of $260k. The buyers offered $250k and were countered at $290k. The buyer is not going to pay $290k because the buyer’s lender can not get the house to appraise for $290k. I was told that the buyer should go thru Fannie Mae and get a 5% Homepath.com loan that does not require an appraisal or PMI Insurance. How can Fannie Mae do this? Is this not a form of steering? Is this not leading us down the same overleveraged path as before.

    I would like to see the Lion protect is territory and customers. Is NAR looking into these issues?

    Regards,
    JLS

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