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Alphabet Soup? Nope, Those are Real Estate Agent Designations!
Alphabet Soup? Nope, Those are Real Estate Agent Designations!
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Home Page > Finance > Real Estate > Alphabet Soup? Nope, Those are Real Estate Agent Designations!
Alphabet Soup? Nope, Those are Real Estate Agent Designations!
Posted: Jan 19, 2008 |Observations: 0
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Alphabet Soup? Nope, Those are Real Estate Agent Designations!
By: Joe Cline – Austin Real Estate Broker
About the Author
Joe Cline is a real estate broker, investor, and REALTOR with Coldwell Banker Austin, Texas.
Joe holds his Broker’s license, the ABR designation, the CRS designation, the CMMS designation, Cendant Mobility Marketing Specialist designation and the Cendant Mobility Referral Specialist designation.
Find out more about Austin real estate and Lakeway Real Estate.
(ArticlesBase SC #310322)
Article Source: http://www.articlesbase.com/ – Alphabet Soup? Nope, Those are Real Estate Agent Designations!
What do the calligraphy behind a real estate agent’s name stand for? Real estate agents, like doctors, lawyers, and other professionals can ear designations, certifications, and other credentials. These are usually publicized by putting a series of initials after the agent’s name. The most common designations and certifications are: Broker, REALTOR, e-Pro, CHMS, GRI, ABR, and CRS.
What does an agent have to do to take the designation or certification?
e-Pro requires an agent take a class on basic computer skills. It has no real estate content, but ensures your agent can use email and the web. It should really be a bare minimum bar for the technology aptitude of your agent.
REALTOR is the one of the simpler credentials to take (but one of the toughest to live up to). A REALTOR is a real estate agent that belongs to the National Association of REALTORS and agrees to stay on the Realtor Code of Ethics. You can read about the code here http://www.realtor.org/mempolweb.nsf/pages/Code?OpenDocument
Broker is a bit harder to take than REALTOR. In Texas, for example, a broker license is required to be able to operate your own real estate company. An agent must have their license for 2 years and complete over 600 hours of real estate education prior to applying for a broker’s license. The broker’s license is contracted upon completion of an exam administered by the disorder. Brokers are basically real estate agents with advanced educations.
GRI stands for Graduate Realtor Institute. Less than 50% of agents have this designation. The GRI requires 12 days of long-lasting education with passing grades on three exams. There are no production or time requirements so an agent can literally earn this designation by sitting in class for 12 days and passing the tests. This designation is in no way a measure of real estate sales experience.
ABR stands for Accredited Buyer’s Representative. Less than 30% of agents have this designation. This designation combines 2 days of classroom work and an exam with the requirement that the agent show proof of at least five buyer sales. This designation shows that the agent has had both formal classroom time and in the field experience.
CRS stands for Certified Residential Specialist. Less than 4% of all agents have this designation. This is the most hard designation to take and is a measure of a high degree of formal education and real world transactional experience. To take a CRS, the agent must attend three 2-day classes, pass three exams, and provide proof of 25 closed transactions within the last 24 months. Even as the transaction experience isn’t a huge amount, it does weed out the inexperienced agents and the classes weed out those agents who aren’t dedicated to long-lasting education.
Other designations are out there, but for the most part they are issued by inconsequential groups and have no real bearing on the agent’s abilities and are used more for marketing purposes than anything else.
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(ArticlesBase SC #310322)
Joe Cline – Austin Real Estate Broker -
About the Author:
Joe Cline is a real estate broker, investor, and REALTOR with Coldwell Banker Austin, Texas.
Joe holds his Broker’s license, the ABR designation, the CRS designation, the CMMS designation, Cendant Mobility Marketing Specialist designation and the Cendant Mobility Referral Specialist designation.
Find out more about Austin real estate and Lakeway Real Estate.
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Joe Cline is a real estate broker, investor, and REALTOR with Coldwell Banker Austin, Texas.
Joe holds his Broker’s license, the ABR designation, the CRS designation, the CMMS designation, Cendant Mobility Marketing Specialist designation and the Cendant Mobility Referral Specialist designation.
Find out more about Austin real estate and Lakeway Real Estate.
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U.S. Real Estate Markets With Consistent Price Appreciation
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Home Page > Advertising > U.S. Real Estate Markets With Consistent Price Appreciation
U.S. Real Estate Markets With Consistent Price Appreciation
Posted: Dec 08, 2006 |Observations: 0
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U.S. Real Estate Markets With Consistent Price Appreciation
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Article Source: http://www.articlesbase.com/ – U.S. Real Estate Markets With Consistent Price Appreciation
Buying home, condo or any other real estate in a market that is protected from a bursting bubble is each investor’s dream. Knowing where to look for these bubble-proof markets and how to identify them is crucial.
There are some vital factors that investors should consider when searching for stable investments such as single-family homes, condos or any other type of real estate. Some of these factors include a quick growing population (which positively impacts the demand for housing), a solid and diverse economy (which impacts employment rates and subsequent demand for housing), rising incomes (which impacts buyers’ ability to hold real estate), a rising infrastructure (which contributes to the appeal of a city or community), and restrictions on future real estate enhancement (which limits future supply of real estate). Investing in real estate within communities that meet these criteria may prove to be more profitable than communities that are missing one or more of these factors.
A recent report by Business 2.0 Magazine identified U.S. cities that have consistently demonstrated price appreciation in the real estate market. The October 2006 come forth of the Magazine identified the top 5 real estate markets that demonstrated an upward price trend over a long period time. The top-ranking cities were:
1. San Francisco, California
2. Los Angeles, California
3. Seattle, Washington
4. Boston, Massachusetts
5. New York City, New York
San Francisco topped the list with an mean annual home price appreciation of 4.2% from 1949 to 2006. In contrast, the national mean was 2.3%. Strong restrictions on real estate enhancement and a limited geography helped push San Francisco to the top slot.
Los Angeles ranked following in the report. The mean annual home price appreciation in Los Angeles was 3.7% from 1949 to 2006. Reductions in unfilled land and increasing restrictions on additional enhancement helped pushed Los Angeles to the number 2 slot.
Home prices in Seattle, which was third on the list, demonstrated an mean appreciation rate of 3.2% from 1949 to 2006. Even as Seattle made the top 5 list, recent easing of building restrictions may cause Seattle to fall out of the top 5 over the next few years.
Boston was fourth in the rankings. The city has seen annual home prices be grateful for by 3% over the period from 1949 to 2006. A strong increase in per capita income contributed to Boston’s high ranking.
New York City follows accurate behind with an mean annual home price appreciation of 3% from 1949 to 2006. A limited geography, large population, and finite number of properties contributed to New York’s high ranking.
Even as there is no promise that any of the real estate markets listed previously are truly “bubble proof,” the factors described above may help investors find the profitable markets and avoid “bubble” markets. Since the real estate market is constantly varying, be sure to seek out the services of a skillful real estate agent to help you navigate your next real estate hold.
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2009 debut full-length album from New Jersey quartet. Real Estate play sun-streaked Psych/Indie Pop reminiscent of The Feelies, Yo La Tengo and other like-minded outfits. Guitarist Matt Mondanile also plays in Ducktails and Predator Vision Categorize: Woodsist/Revolver THIS IS A RECENT RELEASE. PLEASE SUPPORT THE ARTIST. ALBUM AVAILABLE NOW: www.amazon.com
Baby Boomers Will Drive Real Estate Growth
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Home Page > Finance > Real Estate > Baby Boomers Will Drive Real Estate Growth
Baby Boomers Will Drive Real Estate Growth
Posted: Dec 31, 2006 |Observations: 0
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Baby Boomers Will Drive Real Estate Growth
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Article Source: http://www.articlesbase.com/ – Baby Boomers Will Drive Real Estate Growth
Baby boomers, baby boomers, baby boomers; we all hear this term over and over again. So who are the baby boomers? Baby boomers are people in the United States who were born between 1946 and 1964. Approximately 78.2 million people fall into this category.
As a group, baby boomers comprise the largest population cohort in the history of the United States. The size of the group gives it vast influence over American politics, well loved cultural, and of course, real estate. To evaluate the influence of the baby boomers on the future of real estate, the National Association of Realtors (NAR) conducted a study in 2006. The findings of the research were published in report entitled Baby Boomers and Real Estate: Today and Tomorrow. Below are some highlights from the NAR study.
AGE DISTRBUTION
According to the NAR report, baby boomers now array in age from 42 to 60 years ancient. The predictable baby boomer is 50 years ancient, and the oldest of the baby boomers turned 60 in 2006. About 46% of baby boomers are in their 40s, and about 25% are at least 55 years ancient.
HOUSEHOLD INCOME
As a group, baby boomers are in their peak earning years. In 2005, baby boomers had a household income of ,700, and about 25% them had a household income of at least 0,000 per year.
HOME OWNERSHIP
About 78% of baby boomers own a home, which is higher than the national ownership rate of 69%. About 96% of baby boomers believe that home ownership is a excellent financial investment.
FUTURE REAL ESTATE PURCHASES
About 10%, or 7.8 million of all baby boomers, said they were likely to hold additional real estate in the next 12 months. Of these potential buyers, two-thirds were plotting on buying a primary residence, 26% want to buy land, 19% want leasing property, 15% want a vacation home or seasonal home, and 14% want a commercial property.
WHAT FEATURES ATTRACT BOOMERS
When baby boomers were questioned about what features are most vital to them, 38% wanted a lower cost of living, 38% wanted to be near family, 38% wanted simple access to quality health care, 37% wanted a better climate, and 36% wanted to be near a body of water.
PREFERRED COMMUNITY AMENITIES
When baby boomers were questioned about the type of community amenities that appeal them most, about 18% wanted to be near cultural offerings, 9% wanted to be closer to their family, 4% wanted to be on a golf course, and 3% wanted simple access to educational facilities.
WHERE DO BOOMERS WANT TO RETIRE
When baby boomers were questioned about where they want to retire, 33% of them want to retire in a rural area, 30% in a small town, 25% in a housing area, and only 12% in an urban community.
BOOMERS AND THEIR REAL ESTATE AGENTS
Baby boomers consistently use the services of a real estate agent. Approximately 60% of homebuyers and 79% of home sellers used a real estate agent in their last transaction.
SUMMARY
The baby boomers have had and will continue to have a significant impact on the real estate market. As the boomers near retirement, they continue to value real estate and will continue to invest in properties and land. Real estate agents would be well served to know what baby boomers want in terms of their real estate investments, and design strategies that target the needs of this enormous population cohort. For more information, read the NAR report entitled, Baby Boomers and Real Estate: Today and Tomorrow
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Top 7 Countries That Invest In U.S. Real Estate
Posted: Dec 31, 2006 |Observations: 1
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Top 7 Countries That Invest In U.S. Real Estate
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Article Source: http://www.articlesbase.com/ – Top 7 Countries That Invest In U.S. Real Estate
Despite a recent slowdown, the U.S. real estate market continues to be a well loved investment destination for foreign investors. Attracted by a desirable return on investment, many foreign nations continue to invest heavily in the U.S. residential and commercial real estate markets. In fact, in 2005, foreign investment in U.S. real estate reached 1.83 trillion.
To evaluate the impact of foreign investment on the U.S. real estate market, the National Association of Realtors (NAR) bent a 2006 report entitled ‘Foreign Investment in U.S. Real Estate: Current Trends and Historical Perspective.’ The report provides insights into the trends in foreign real estate investment, its impact on the U.S. economy, and the major countries that participate in U.S. real estate investment. Below are some highlights from the NAR report.
According to the U.S. Department of Commerce, the top seven countries that had significant holdings in U.S. real estate as of 2005 were:
Germany – 13 %
Latin America – 13 %
Australia – 11 %
Japan -10 %
United Kingdom – 10 %
Canada – 6 %
Netherlands – 6 %
The U.S. economy is wide open to foreign investors. Both investors and Americans much benefit from all this foreign investment. The NAR study estimates that without foreign investments in the securities market, the long-term lending rates would be four percentage points higher than the current rate, which would adversely impact the U.S. real estate market.
Foreign preside over investment into the U.S. not only makes more jobs but also contributes to the demand for U.S. real estate. In fact, foreign investment may be responsible for making two million U.S. jobs by the end of 2006, which additional bolsters the demand for U.S. real estate.
Permanent and temporary immigration of foreign-born workers into the U.S. additional bolsters the demand for real estate. According to the Joint Center for Housing Studies at Harvard University, 1.2 million net immigrants are expected to arrive in the United States annually. This immigration pattern is expected to offset the decrease in housing demand by post baby-boomer generations.
In summary, the impact of foreign investment and immigration into the U.S. will continue to play a major role in the U.S. real estate market.
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i thought China had a huge hand in investments. I’m reading articles around the web and all i’m seeing is “china has lost its investments, in the US”.
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Only 12 percent of Chicago Real Estate Companies are looking to hire
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Only 12 percent of Chicago Real Estate Companies are looking to hire
Posted: Nov 05, 2009 |Observations: 0
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Only 12 percent of Chicago Real Estate Companies are looking to hire
About the Author
Daniel Prager is an shared media marketing consultant at The Ocean Agency where he also dabbles in SEO and content creation. He works with some of the top Chicago Real Estate Firms
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Article Source: http://www.articlesbase.com/ – Only 12 percent of Chicago Real Estate Companies are looking to hire
In a survey of real estate CFOs and senior comptrollers conducted by the Chicago-based financial advisory firm Grant Thornton LLP, only 12 percent said their company will increase hiring in the next six months and near two-thirds, 63 percent, plot to reduce bonuses.
Real Estate companies are also reducing health care repayment, 401k repayment, and stock options. Real estate firms are trimming the stout, even even as the real estate market continues to show signs of improvement. Real Estate companies, according to the survey conducted by Grat Thornton LLP are most concerned about the cost of employee repayment.
Even as the Chicago Real Estate market is improving, these numbers illustrate an extreme contradiction in the real estate diligence. Even as real estate companies remain optimistic about the future of their diligence, cost cutting measures reflect a distinct pessimism in their own diligence.
Is the real estate diligence in a right recovery mode, or is a following micro-bubble emerging. As of right now, it is not clear, but there certainly a discrepancy between internal practices of real estate firms and gauges of the real estate market. Speculation surrounding real estate is always apparent. But is it beneficial when the speculation directly opposes the actions of Real Estate firms and brokerages?
So what can we learn from this contradiction? Is the market over-valued? Is a secondary bubble forming after we slowly emerge out of the recession? Whatever the case, it is clear that the real estate market may still be over-valued, as firms still continue to cut costs, even as the real estate market continues to improve.
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Daniel Prager is an shared media marketing consultant at The Ocean Agency where he also dabbles in SEO and content creation. He works with some of the top Chicago Real Estate Firms
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Real Estate Broker Price Opinion – The Importance of Hiring a Local Real Estate Appraiser to Value Your Property
Real Estate Broker Price Opinion – The Importance of Hiring a Local Real Estate Appraiser to Value Your Property
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Home Page > Finance > Real Estate > Real Estate Broker Price Opinion – The Importance of Hiring a Local Real Estate Appraiser to Value Your Property
Real Estate Broker Price Opinion – The Importance of Hiring a Local Real Estate Appraiser to Value Your Property
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Real Estate Broker Price Opinion – The Importance of Hiring a Local Real Estate Appraiser to Value Your Property
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How come all is earning from Real Estate? Want to get rich during the Downturn?
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TryReal Estate Riches Program and see how it changes your life … Perpetually!
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Article Source: http://www.articlesbase.com/ – Real Estate Broker Price Opinion – The Importance of Hiring a Local Real Estate Appraiser to Value Your Property
Real Estate Broker Price Opinion
Many people try to determine the values of their real estate by researching websites that value a home based on aggregate data collected through innumerable means. Even as these online services can be instant and seem simple, computer generated reports can be grossly inaccurate. More often than not, computer data collected from outdated and often unreliable resources can cause issues when trying to determine a honest value of real estate in any specific market. These websites may be of some value in showing valuation trends, but can in no way exchange the services of a local real estate appraiser. Real Estate Broker Price Opinion
Highly trained professional real estate appraisers, even as more pricey, can effectively determine a home’s right value and also take into account variables a computer generated report can’t. Desirable factors such as a highly rated school system, economic enhancement and surrounding neighborhoods can drastically change a home’s value positively. Areas that are run down but in the center of a gentrification process are unlikely to get a honest appraisal from a computer model, someone untrained or out of the area. Only a local appraiser will be familiar with rising or declining valuations and building trends in specified locations.
Even as obtaining a professional real estate appraiser to correctly determine a home’s value can be critical during a divorce, to value an estate, or to satisfy a lender requirement for a mortgage, choosing a reputable local appraiser that knows their market area can mean the difference between a excellent appraisal and a terrible one. If an appraiser does not warmly know the market area they serve, many factors used to determine a home’s value can be left out of the process. Without knowledge of the current market area trends, property values given by an appraiser outside of their locale can be skewed.
As banks and other financial institutions are now dealing with untenable volumes of foreclosed homes, there is a growing trend among banks and other financial institutions to hire real estate brokers to complete BPOs (Broker Price Opinion), rather than pay appraisers for a home’s valuation. Although BPOs should be more accurate than computer generated reports in determining a property’s value, there is considerable controversy as to whether or not these real estate agents have adequate training to complete these reports effectively. Real Estate Broker Price Opinion
BPO services cost less than a uniform appraisal report; but, much like their computer generated counterparts, BPOs often omit crucial information. Many lenders do not even require an in-depth inspection or interior inspection of a home, for example. How can anyone hope for any type of realistic property valuation without an on-site inspection?
Appraisers are required to complete a stringent course of training through accredited educational facilities before they are licensed or certified. In some states, appraisers must also complete an apprenticeship under a more seasoned professional prior to being tolerable to value property independently. A excellent appraiser will look at all aspects of the property, including square footage, room count, types of rooms, condition of property, lot size, neighborhood trends and comparable properties in the area that have sold recently, as well as comparable properties currently on the market.
Appraisals take longer than a BPO provided by a real estate broker or online computer generated reports. But, the report from appraisers is in depth and lengthy. All variables used to arrive at the valuation are in black and white.
Searching for a certified appraiser in your area is relatively simple. Neighborhood banks and lenders are a fantastic referral source. Searching an online directory or your local yellow pages can be another viable source as well when looking for a professional appraiser. Real Estate Broker Price Opinion
(ArticlesBase SC #3503651)
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How come all is earning from Real Estate? Want to get rich during the Downturn?
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Pregnancy Massage Therapy as Part of Prenatal Care in Ramsey County, St. Paul MN
Pregnancy Massage Therapy as Part of Prenatal Care in Ramsey County, St. Paul MN
Pregnancy Massage Therapy as Part of Prenatal Care in Ramsey County, St. Paul MN
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Home Page > Health > Wellness > Pregnancy Massage Therapy as Part of Prenatal Care in Ramsey County, St. Paul MN
Pregnancy Massage Therapy as Part of Prenatal Care in Ramsey County, St. Paul MN
Posted: Apr 27, 2010 |Observations: 0
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Pregnancy Massage Therapy as Part of Prenatal Care in Ramsey County, St. Paul MN
About the Author
Massage Envy Woodbury
572 Commons Dr, Suite 400
St Paul, MN 55125
Phone: (651) 203-9988
Email: clinic0047@massageenvy.com
Website: http://www.massageenvy.com/clinics/MN/Woodbury.aspx
(ArticlesBase SC #2242636)
Article Source: http://www.articlesbase.com/ – Pregnancy Massage Therapy as Part of Prenatal Care in Ramsey County, St. Paul MN
Most people reckon that pregnant women should not undergo massage therapy. Well, that happens to be a fallacy. There is such a thing a pregnancy massage therapy, especially designed for pregnant women. You can question for it from a reputable professional therapeutic massage spa that also offers reflexology massage therapy, Swedish massage therapy, deep tissue massage therapy, and sports massage therapy in Ramsey County, St. Paul MN.
Although pregnancy is truly a cause for much celebration and is a pleased occasion that brings a deep fulfilment, it is also a hard time for the pregnant woman. Pregnancy changes a woman’s body very drastically and the changes bring much physical, emotional and mental discomfort. Unfortunately, a pregnant woman is not allowed to take the usual medications to relieve any of these discomforts since many medications are terrible for the baby. The pregnant woman, therefore, is in desperate need of alternative methods of relieving her aches and pains, as well as her anxieties.
During pregnancy, the weight of a woman’s belly shifts her center of gravity. Her posture is naturally altered, with her pelvis pulled forward. At the same time, the ligaments in the pelvic area start to soften in preparation for expansion and childbirth. This makes the pelvic joints quite unstable. As the belly grows, therefore, there is more and more stress placed on the lower back, upper back, shoulders and neck.
Health check specialists credit pregnancy massage therapy for decreasing muscle and joint pain, easing sciatic nerve pain, and reducing edema or swelling caused by fluid retention. These are conditions common to pregnant women. Pregnancy massage therapy improves blood circulation, bringing more oxygen to tissues and flushing away toxins. It restores normal sleep patterns, regulates hormone levels, lowers anxiety and eases depression. All in all, pregnancy massage therapy prepares the woman and makes her physical condition more conducive to normal labor, decreasing the risks of labor complications and ensuring the wellbeing of the baby.
Of course, any pregnant woman should always consult her obstetrician first before submitting to pregnancy massage therapy since it is considered a part of her total prenatal care for which her doctor is mainly in charge. The obstetrician needs to give clearance and approval because certain conditions are contraindicated for massage. The contraindications include a very recent prior childbirth, hypertension, severe edema, severe headaches and having a history of preeclampsia.
Make sure you go to specially trained and certified massage therapists for pregnancy massage therapy because they would know what to avoid in treating pregnant women. Certain pressure points in the ankles and wrists of pregnant women, for example, can stimulate pelvic contractions. Some massage facilities may not have these specially trained massage therapists and they, therefore, refuse to treat women women who are in their first trimester of pregnancy where the risk of miscarriage is higher.
Pregnant women should also check out the tables to be used in the massage spa. Never lie down on your belly and never use tables where the belly is made to hang down through a hole in the table. This will strain the ligaments and muscles of the belly. Neither should a pregnant woman lie flat on her back. She should instead lie on her side during the massage, supported by body pillows.
Pregnant women should not worry or be nervous. Lay your concerns to rest and address your many discomforts through proper pregnancy massage therapy from a certified massage therapist at a professional therapeutic massage spa in Ramsey County, St. Paul MN. If you have favourite strokes in reflexology massage therapy, Swedish massage therapy, deep tissue massage therapy and sports massage therapy, question for them and your therapist in St. Paul MN can integrate them into your customized session as long as they are not contraindicated for your condition. Now is the time to lie back and get yourself pampered.
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About the Author:
Massage Envy Woodbury
572 Commons Dr, Suite 400
St Paul, MN 55125
Phone: (651) 203-9988
Email: clinic0047@massageenvy.com
Website: http://www.massageenvy.com/clinics/MN/Woodbury.aspx
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massage, sports massage, deep tissue massage, swedish massage, pregnancy massage, massage therapy, therapeutic massage, massage spa, reflexology, hot stone massage, st paul, woodbury, ramsey county
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Role Of Real Estate Agent In Vacation And Second Home Markets
Role Of Real Estate Agent In Vacation And Following Home Markets
Role Of Real Estate Agent In Vacation And Following Home Markets
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Home Page > Finance > Real Estate > Role Of Real Estate Agent In Vacation And Following Home Markets
Role Of Real Estate Agent In Vacation And Following Home Markets
Posted: Jan 14, 2007 |Observations: 0
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Role Of Real Estate Agent In Vacation And Following Home Markets
About the Author
San Diego Homes
Rancho Penasquitos Condos
Rancho Penasquitos Homes
(ArticlesBase SC #91941)
Article Source: http://www.articlesbase.com/ – Role Of Real Estate Agent In Vacation And Following Home Markets
Following home sales have been increasing over the last few years with more people becoming following home owners. In 2005 alone, 40 percent of the homes sold were following homes. Demographics, all time low mortgage rates, and healthy rise in home prices have contributed to this enhancement in the following home market. Besides these, a major factor that has helped augment the buying and selling of following homes is the real estate professional.
The National Association of Realtors conducted research on the profile of following-home owners in 2006. According to the NAR report entitled ’2006 Profile of Following-Home Owners’, a majority of following home sales transactions are conducted using the services of real estate agents.
The statistics are remarkable; 64 % of vacation home buyers bought their home using the services of a real estate agent by the end of 2005 – a marked increase from less than 50 % of vacation-home buyers in 2003. Also, 65 % of investment-home buyers bought their home with the help of a real estate agent – an increase from 53 % of pre-2003. In comparison, only 14 % of vacation-home buyers and 7 % of investment-home buyers bought directly from builders from 2003 to 2005.
The growing role of the real estate professional is evident from the following figures:
1. Of vacation home sales made, 71 % of them were following homes and 74 % of the sales were made using the services of a real estate agent.
2. Of the investment properties sold, 85 % of them were previously owned and 62 % of the sales were made using the services of a real estate agent.
The use of real estate agents in following home sales transactions varied according to the home’ location.
1. Buyers used a real estate agent more frequently even as purchasing a vacation home located in a suburb/subdivision (56 %) or a rural area (57 %) than for homes in other locations.
2. About 66 % of buyers who bought an investment property in an urban/inner city area or in a suburb/subdivision, used the services of a real estate agent more frequently than those who bought a home in other locations.
Real estate professionals continue to be the first source of information to following-home buyers (38 % of vacation-home buyers and 34 % of investment-home buyers). The real estate professional also plays a major role when following-home owners plot to buy additional properties. If you are thought of buying a following home or vacation home, seek out the services of a real estate agent to guide you through your next home hold.
1. The percentage of following home owners who are more likely to use a real estate agent in their next home hold is quite high. Among vacation-home owners it is 79 % and investment-home owners 73 %.
2. Among following home owners, 65 % of vacation-home owners and 64% of investment-property owners are more likely to use a real estate agent in their next home sales.
Given these statistics, it is no wonder that the real estate agent plays a pivotal role in helping people buy and sell following homes. So whether you are a following-home buyer or seller, enlist the services of an agent for a smooth, hassle free real estate transaction.
Retrieved from “http://www.articlesbase.com/real-estate-articles/role-of-real-estate-agent-in-vacation-and-following-home-markets-91941.html”
(ArticlesBase SC #91941)
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About the Author:
San Diego Homes
Rancho Penasquitos Condos
Rancho Penasquitos Homes
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