Michael Humphries commented on Rob Lewis's blog post Auto Accept is killing the industry
"Auto accept is becoming a thing of the past and replaced by "Order Capture Services" (accept rate is $4). Someone will monitor your email 24/7 and accept BPO orders on your behalf. And what about the BPO Virtual Assistants? These virtual…"
Feb 13, 2015
Michael Humphries commented on Michael Humphries's blog post Tackling the Question of Professionalism Goes Beyond Compliance Issues
"I agree, surprised we haven't heard from others on this topic yet.
I know they have something to say."
Dec 9, 2014
Michael Humphries commented on Michael Humphries's blog post Tackling the Question of Professionalism Goes Beyond Compliance Issues
"You're right Frank, unfortunately "we all have our stories" and I believe it's all due to a lack of training. The business of real estate is extremely complicated and to think a newly licensed person can go out and start a practice "and succeed long…"
Dec 9, 2014
Michael Humphries posted a blog post
Should newly-minted real estate licensees be required to go through an apprenticeship period? This is the question being discussed among real estate professionals across the county.The topic in question is whether or not an initial license alone is…
Dec 5, 2014
Michael Humphries commented on Michael Humphries's blog post Short Sale vs. Foreclosure
"The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through a short sale, mortgage restructuring as well as mortgage debt forgiven in connection with…"
Jul 28, 2014
Michael Humphries posted a blog post
iOn REAL ESTATE | by Michael Humphries | Compass Roads Realty, Inc  It’s likely you’ve heard the term “short sale” thrown around quite a bit. So what exactly is a short sale? A short sale is when a bank agrees to accept less than the total amount…
Jul 22, 2014
Michael Humphries posted a blog post
iOn REAL ESTATE | by Michael Humphries | Compass Roads Realty, IncThe real estate market has become a competitive arena for homebuyers. Many are getting beat out by international buyers investing in U.S. markets.In a report released earlier this…
Jul 16, 2014
Michael Humphries commented on Michael Humphries's blog post Survey: Is the Country Still in a Housing Crisis?
"I agree, some areas are experiencing a slower recovery than others. Overall though, the macros are showing signs of sustainability in the housing market throughout the country. According to recent reports, the only metros where asking prices were…"
Jun 9, 2014
Michael Humphries commented on Michael Humphries's blog post Who Pays the Commission on a Short Sale?
"If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable.
The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence.…"
Jun 6, 2014
Michael Humphries posted a blog post
DSNews ran an article this morning with results from a recent survey revealing over half of the country still believes we are in a housing crisis.Although it is true that some areas in the country are still struggling to put the crisis behind them,…
Jun 5, 2014
Michael Humphries posted a blog post
ion REAL ESTATE | by Michael Humphries | Compass Roads Realty, Inc A Short Sale is defined as any sale of real estate that generates proceeds that are less than the amount owed on the property. A real estate short sale occurs when the lender and…
Jun 3, 2014
Michael Humphries posted a blog post
 Yesterday marked the beginning of the 2014 Atlantic HurricaneRight now is the time to make your plans for contending with a storm. Your main objective, of course, is to make sure you and your family are as safe as possible. Your second aim should…
Jun 2, 2014
Michael Humphries replied to Sally H May's discussion Summit Valuation
"I did a single BPO for Summit back in August this year and received payment in 45 days."
Oct 21, 2013
Michael Humphries posted a blog post
By Michael Humphries - Compass Roads Realty, Inc. |                       8 Steps to a Successful Short Sale Purchase- Part 2 Here we will conclude the process of successfully buying a short sale with the final four steps. If you missed Part 1, you…
Mar 26, 2013
Michael Humphries posted a blog post
By Michael Humphries - Compass Roads Realty, Inc. |8 Steps to a Successful Short Sale PurchaseIn this two part post I will layout eight steps to follow that will walk you through a successful short sale purchase from search to closing.Short sales…
Mar 18, 2013
Michael Humphries posted a blog post
 By Michael Humphries – Compass Roads Realty, Inc We are seeing a new wave of REOs hitting the market, and the numbers don’t lie. According to the association of Realtors, distressed sales were up 36% in December 2012 compared to the year before.If…
Mar 6, 2013
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