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Brokerages’ views on property market mixed

RACHAEL KAM The Star 11.08.2009

Japan Steelmakers Rise, Led by JFE; Real-Estate Brokers Decline

Masaki Kondo and Patrick Rial Bloomberg News 29.07.2009
Brokerages’ views on property market mixed

PETALING JAYA: Following the recent positive policy changes to liberalise the Malaysian property sector and news that Hap Seng Consolidated Bhd acquired a 50% stake in Menara Citibank, analysts have mixed views on the local property market outlook and the performance of commercial properties.

Japan Steelmakers Rise, Led by JFE; Real-Estate Brokers Decline

July 29 (Bloomberg) -- Japanese steelmaker stocks rose after Merrill Lynch & Co. raised its price target on JFE Holdings Inc. Real-estate brokers declined on concern a change in commission policies will damage earnings.

RT Brokerage Services Launches Preferred Hourly Real Estate Affiliate Program

SEATTLE, WA -- 07/26/09 -- "Why not let your member's or customer's selling or buying experience be something they'll remember 'you' for instead of the one size fits all franchise brokerages, especially if you can save them money? After all, isn't that the draw of a credit union or community bank: savings and relationship-based service?" asks RT Brokerage Services CEO Louis Herrera. "We think so, that's why we responded with a preferred rates affiliate program."

Top GVA Advantis broker leaves to start a new Jones Lang LaSalle brokerage

Charles M. “Charlie” Polk III, a star broker for GVA Advantis, has resigned from the Richmond office to head a new local brokerage for Jones Lang LaSalle.

Subprime Brokers Back as Dubious Loan Fixers

PETER S. GOODMAN The New York Times 21.07.2009

Commercial property going from bad to worse locally

Josh Brodesky ARIZONA DAILY STAR 20.07.2009
Subprime Brokers Back as Dubious Loan Fixers

LOS ANGELES — From the ninth floor of a downtown office building on Wilshire Boulevard, Jack Soussana delivered staggering numbers of mortgages to homeowners during the real estate boom, amassing a fortune.

Commercial property going from bad to worse locally

The first half of the year was particularly challenging for commercial property owners as vacancy rates continued to rise, and the next six months will likely be even tougher, Tucson's leading commercial brokerages forecast.

Toys R Us threatens to sue Fort Myers-based broker over company name

Real estate broker Marc Joseph says he's just a little guy, trying to make a living and do some good in the world with his Fort Myers-based "Foreclosure Tours R Us" business.

Newspaper Publisher AH Belo Invests In Online Real Estate Brokerage Sawbuck

Moving to boost its online real estate listings, newspaper publisher AH Belo (NYSE: AHC) (NYSE: BLC) has led a $2 million investment in online real estate brokerage Sawbuck Realty. Sawbuck’s service lets people search for listings and then connects them with real estate agents. It takes a cut of any commissions.

HomeSmart plans expansion to Tucson

J. Craig Anderson The Arizona Republic 17.06.2009
Close Dallas Love Field and redevelop it, real estate broker Randall Turner proposes

Dallas real estate broker Randall Turner has a $26 billion dream. He calls it the Texas Riviera.

HomeSmart plans expansion to Tucson

Phoenix-based real-estate brokerage HomeSmart is expanding into Tucson and spreading its model of reducing costs through technology, company executives said.


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Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.