My New Blog

As recently reported in the Financial Times, two major US lenders are now facing federal probes or are having restrictions on their normal operations due to the previous years of aggressive lending to sub-prime borrowers. The two stated companies are HSBC, owner of Household, and New Century Financial. In addition to these two companies, the world’s third largest bank is expected to have a report on bad debt provision increases of more than 35% from the year 2005. According to the report, there are also smaller sub-prime lending companies that are planning to exit the business.

Written by Brianne M Brown

In these times where the real estate industry seems to be leveling off, those of us who have been in the industry since the time that it was booming, have felt as though it was tanking.  However, in the light of long term events, we are back where we were about 8 to 10 years ago.  Things are really not all that desparate... people will always buy houses, a certain percentage of owners will always refinance for one reason or another, people will need estate services, unfortunately couples will continue to divorce and people will end up facing either bankruptcy or foreclosure.

We all would like to see the slam of clients like times past, but I feel that until we hit another boom, we better get used to this much slower pace.  Hence, that brings up the question, how do we attract more or unique clients to fill in the gaps when our regular clients are feeling the lack of business themselves???? 

I think one of the prime solutions is to cater to the specific needs of each and every client we have currently while trying to market for newer clients that could use the special service.  We can no longer dictate how we want to see things done on the business side of things but try to fufill our clients needs without compromising our ethics and practices. 

If you have any suggestions as to how we can better cater to our clients, let's hear it.  We all could use the increase in communication to better ourselves and serve our clients better. 

Written by Brianne M Brown- Submitted by Arthur T Trexler

It is March 1st and we are continuing to add to our services and technology!! This new blog will be for anyone to use that has an interest in real estate, appraising, lending, or just has some questions regarding our company.  We want to use this as an avenue to help you in anyway we can as that is our goal as a company. 

Join our new community and just give us a shout out.  We will also be using this to inform people of changes in the real estate and appraising industries that could affect all of us in one way or another. 

Stay tuned!!!!!