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Zillow Allows Rentals for Homes, Condos, Co-ops and Multi-family
incomes are way down. The figures calculated are probably
directionally correct overall. What makes things worse for the
agents is that they're not doing 54% less work, or incurring 54%
less out of pocket costs. Many pay for system access and certain
RE related services out of pocket. With income reduced but
expenses holding steady, the reduction in their net income is
more pronounced. Many of these agents are also spending
significant amounts of time and energy working on short sales.
Few of these transactions end up closing and yielding
commission $ as many banks are dragging their feet on dealing
with problems. The only people who seem to have it worse are
the spec builders. Many are being boiled alive as the problems
they put off in 2008 by renting out unsold inventory are now
snowballing into massive losses.
Showing up on the Google map is just one more way for people to find you. It's really important to show up locally. All search is local in a sense, since people would rather do business with a store or company that is local.
This is a helpful post. I also wrote up a complete 'how to' post on getting yourself listed on the Google Local Business Directory here:
http://www.sparkplugging.com/sparkplug-ceo/how-...