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Real Estate Agents News Archive 22-Dec-2007

Brace for ripple effects of housing crisis (The Record)WASHINGTON -- For U.S. homeowners, builders, bankers and real estate agents, the crash of 2007 will only get worse in 2008. Everyone from mortgage-finance company Fannie Mae to Lehman Brothers Holdings Inc. expects declines next year.

Board could stall onset of higher tap-on fees (Wentzville Journal)Outcry from builders and real estate agents regarding a proposed increase in Wentzville's water and sewer connection fees has led city leaders to reach a compromise.

Staying safe at an open house (Newsday)Across Long Island, real estate agents have taken note of a recent string of thefts from open houses in Manhattan that appear to have been orchestrated by two well-dressed women from the Hamptons. Police charge that, while one woman distracted an agent showing the property, the other allegedly slipped anything from a Tiffany clock to a bottle of Champagne into a large handbag.

Real estate agents scrutinised after underquoting allegations (ABC via Yahoo!7 Finance)The New South Wales Office of Fair Trading is calling on 12 real estate agents to show further cause after an investigation into allegations of underquoting.

Real estate agents says submissions timetable too tight (NZPA via Yahoo!Xtra News)The Real Estate Institute says the timeframe for submissions on the Real Estate Agents Bill is unfair.

Clayton school woes have hurt home equity, agents say (Atlanta Journal-Constitution)Troubled schools cost Clayton County homeowners hundreds of millions of dollars in potential equity in the last four years, real estate agents told residents Thursday night. "The property owners in Clayton County have lost almost $550 million dollars in housing equity," real estate broker David Barton told about 40 residents. "The only reason I can find for us going into a stagnant market is the ...

National Ethics Bureau to Admit Real Estate Agents, Real Estate Brokers, and Mortgage Brokers into Its Ranks of ... (Business Wire via Yahoo! Finance) SAN DIEGO----The National Ethics Bureau , a membership organization similar to the Better Business Bureau, has announced its entry into the real estate industry. Effective December 18, 2007, it will begin admitting real estate agents and brokers, along with mortgage brokers, into NEB membership.

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