Dan Rochon – Greetings Virginia

Dan Rochon – Greetings Virginia

Dan and Traci Rochon with Keller Williams Realty is a full-service real estate sales company that helps clients in the Washington metro region buy and sell properties in all price ranges. The vast Keller Williams network allows our agents the opportunity to successfully complete hundreds of buying and selling transactions for our clients. As with any Keller Williams Realty office, our associates work their own way with their own clients, but we all come together to share our knowledge and resources.

Whether you are a “seasoned” home buyer or home seller or this is your first real estate transaction, all of our agents at Dan and Traci & Consultants with Keller Williams Realty are here to help you through this big step. Buying or selling a home can be very complicated and stressful, that’s why our agents are knowledgeable and have comprehensive training to help you with your real estate purchase and make it stress free as possible. We advocate for our real estate clients in Virginia, Maryland and Washington DC. The Virginia, Maryland, and Washington DC area has full of history and great properties to buy.

Contact Dan and Traci Rochon today to find out how our team can help you!

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News Corp Announces New Leadership at Move, Inc.

2014 IMG World Congress of Sport - Executive PortraitsNews Corp announced Wednesday that Ryan O’Hara will become Chief Executive Officer of Move, effective January 5, 2015.

O’Hara will replace CEO Steven Berkowitz, who has led the company since January 2009. News Corp acquired Move, a leading provider of online real estate services, including realtor.com®, last month.

“We are excited to have secured Ryan O’Hara to take the helm at Move, given his record of transforming businesses in the digital age and his clear determination to accelerate the growth of the company. We are also extremely grateful to Steve Berkowitz for his years of astute and principled leadership, during which period he secured greater operating flexibility for the business and put the company on a solid growth trajectory,” said Robert Thomson, Chief Executive of News Corp.

“Ryan’s experience in the digital media and entertainment industry and his deft management skills will be invaluable assets as we pursue the rapid expansion of Move in this era of exponential change. We believe he has the ability to leverage the relationship with our existing U.S. media properties to the benefit of all and to make the most of the significant expertise at REA, our majority-owned, notably successful and still growing digital property site in Australia.”

“Ryan will begin at Move in the first week of January, when we will also be rolling out a broad-based marketing campaign across The Wall Street Journal Digital Network to drive quality traffic to realtor.com®,” said Thomson. “He also looks forward to working closely with the National Association of REALTORS®, a key and crucial partner of Move, knowing that Realtors® are at the heart of American real estate transactions.”

O’Hara most recently served as a President at the Madison Square Garden Company, leading the MSG Media, technology and marketing partnership divisions. He previously was President and CEO of The Topps Company, a leading entertainment trading card and consumer products business. During his time at Topps, O’Hara grew market share, formed key partnerships with major sports leagues and player associations, and expanded the business digitally and globally.

Before Topps, O’Hara was with several News Corporation businesses, including Gemstar TV Guide International/TV Guide Company from 2002 to 2010, the last five years as President of the TV Guide network and several digital businesses. He led the TV Guide network’s transformation from a utility guide to a full-screen entertainment destination and significantly increased its distribution. Between 1999 and 2002, he worked at Fox Cable Networks in Los Angeles and BSkyB in London.

O’Hara holds a B.A. in Economics from Stanford University and an M.B.A. from Harvard Business School.

“I’m grateful for this exciting opportunity to join the team at Move and help make realtor.com® the best in the business,” said O’Hara. “The digital real estate marketplace is poised for rapid expansion as more people go online to buy, sell and rent property in America, and as more businesses advertise on digital real estate platforms to reach those homeowners. I believe realtor.com® is ready to capitalize on this technological revolution.”

“Love of real estate runs in my family, with my grandfather and uncle having long, successful careers as real estate brokers, and a cousin is currently a Realtor® and member of the National Association of REALTORS®. And while in college, I gained a California real estate salesperson license,” said O’Hara. “I’m thrilled to have a chance to run this exciting digital real estate business, particularly given its deep connection to Realtors® around the country.”

“I believe Move is well-positioned for the future, with many good people whom I’ve been honored to work with these past six years. I’m grateful for all we accomplished together and I leave secure in the knowledge that great things are in store for them and Move,” said Berkowitz.

According to the company, through realtor.com® and its mobile applications, Move displays more than 98% of all for-sale properties listed in the U.S. With the freshest, most accurate listing of homes in the market, the Move network of websites reaches more than 30 million people per month.

REA Group Limited, in which News Corp owns a 61.6% interest, has a 20% stake in Move. REA is the operator of the leading Australian residential property website, realestate.com.au.

For more information, visit realtor.com.

 

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Christmas Tree Exchange & Toy Donation

Each year the Greetings Virginia real estate sales team with Keller Williams Realty is proud to contribute in partnership with our Keller Williams Realty real estate sales brokerage to give Christmas trees in exchange for Toys for Tots for local deserving children.

Keller Williams- Toys for Tots

KELLER WILLIAMS REALTY COLLECTS OVER 500 TOYS FOR WASHINGTON, D.C. AREA CHILDREN

Christmas Tree Exchange and Toy Drive to Benefit Toys for Tots Foundation

(Alexandria, VA)-  In the spirit of the holiday season, the Greetings Virginia real estate sales team with Keller Williams Realty team hosts this client appreciation party to acknowledge our past clients, friends, family, and referral partners. Our real estate sales business is largely referral based from our happy past clients that refer us to their friends, families, and co-workers are in the market to Buy a HomeSell a Home, or Invest in Real Estate and as a way to give back to them as well as our community, we share this event each year.

We are proud to announce the success of the company’s Christmas Tree Exchange & Toy Donation. Greetings Virginia sales team with Keller Williams agents and employees partnered with United States Marines and Toys for Tots to collect more than 500 hundred new toys for deserving Washington area children.  In exchange for a generous toy donation, Keller Williams employees distributed over 300 hand-seared Christmas trees and wreaths to valued clients and customers.  As a personal Christmas gift, clients received a fresh cut, 6 to 7 foot fraser fir from Angel Wings Christmas Tree Farm in Hillsville, Virginia.

KW Owner/Operating Principal and Greetings Virginia Owner, Dan Rochon, said a special thank you to organizer and KW agent, Steve Falkowitz,  “Your leadership, organization and commitment to this event made a huge difference. Your efforts have impacted our community, our associates our clients and many children that will benefit from the participation of all.”

Since 1947, Toys for Tots has distributed more than 469 million toys to over 216 million children across the country.  Keller Williams holiday festivities also included a visit from Santa Claus and delicious holiday treats.   Toys for Tots coordinators will now store the collected toys in central warehouses where the toys are sorted by age and gender.

Other events that the Greetings Virginia sales team provides to their clients and past clients include the annual Client Appreciation Movie Night. The Greetings Virginia real estate sales team also supports placing unwanted, abandoned, abused, or stray pets to be rescued and placed into loving home with Homeward Trails Animal Rescue.

Check out these fun photos from a few of our clients, friends, and referral partners that attended the latest Christmas Tree Exchange & Toy Donation:

When you buy a home or sell property with Greetings Virginia, you become a part of our GV Insider’s Club where we become your advocates for life. In addition to inviting you to great events like our annual Christmas Tree Exchange & Toy Donation, we will be available to refer any resource to you that you may need in the future. Our extensive connections include close, well vetted relationships with almost any resource that you may ever need. Need a handyman or plumber or a chiropractor or massage therapist? Just pick up the phone and call us and we will introduce you. This is just another way that we provide World-class Solutions to our clients and past clients.

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Dan and Traci’s Client Appreciation Movie Night

Each summer, the Greetings Virginia real estate sales team with Keller Williams Realty team hosts a client appreciation party to acknowledge our past clients, friends, family, and referral partners. Our real estate sales business is largely referral based from our happy past clients that refer us to their friends, families, and co-workers are in the market to Buy a Home, Sell a Home, or Invest in Real Estate.

When you buy a home or sell property with Greetings Virginia, you become a part of our GV Insider’s Club where we become your advocates for life. In addition to inviting you to great events like our annual Movie Night, we will be available to refer any resource to you that you may need in the future. Our extensive connections include close, well vetted relationships with almost any resource that you may ever need. Need a handyman or plumber or a chiropractor or massage therapist? Just pick up the phone and call us and we will introduce you. This is just another way that we provide World-class Solutions to our clients and past clients.

Members of our GV Insider’s Club enjoy invitations to free events such as Movie Night as well as our Christmas Tree Exchange and Toy Donation. In addition, we also support unwanted, abandoned, abused, or stray pets to be rescued and placed into loving homes by helping Homeward Trails Animal Rescue.

Check out a few photos from our the last Greetings Virginia client appreciation Movie Night:

Above: Dr Ben and Dan Rochon get ready for the movies.

Above: Waiting for the guests!

Above: The Keller Williams Realty team led by Abraham Walker

Above: Dan, Traci and Lance and another happy home buyer getting ready to enjoy the movies.

Above: A future Keller Williams Realty real estate agent with the KW Kingstowne CEO, Abraham Walker and Dan Rochon

Above: A part of the Greetings Virginia real estate sales team with Tigi Woldemichael, Dan Rochon, Lance Allen and Kathleen Marshall.

Above: Having fun with KW Kingstowne real estate agent

Above: Happy real estate sellers with Dan Rochon

Above: Superman (Jeremy) and his wife are ready for the movies

 

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Start Me Up! A Profile of RentalRoost

A few years ago, I wrote a post on Econsultancy detailing my escalating frustration with property websites and agents when looking for a place to live.

So I was particularly pleased to hear about RentalRoost, a U.S. company aiming to disrupt the property market and place more power in the hands of the buyer.

We spoke to CEO and founder Nitin Shingate about the company’s plans.

In one sentence, what is your product/service?

We aspire to be the eHarmony/Match.com of real estate. We want to help tenants find the perfect home with all the attributes that match their lifestyle, so that they can envision themselves in that home for a long period of time (or until their lifestyle changes).

What problem(s) does it solve?

Tenants usually take a huge bet when they move into a new neighborhood or city. Usually, unless they have friends in that neighborhood to give them actual feedback on the local attributes, they never know what they’re going to get.

This is a problem because after moving into a property, tenants sometimes discover that the neighborhood is not as pet-friendly as they thought or that it doesn’t have as much night life as they envisioned.

We created algorithms that map properties and neighborhoods according to lifestyle attributes, like kid-friendliness, pet-friendliness, great nightlife and restaurant scene, a vibrant art community, great shopping, etc.

This allows tenants to make a fully informed decision, which could save them the huge hassle of moving after the lease is up to find a better suited home!

What are your immediate goals?

Now that we are available nationally, we aim to grow our user base so that we can help people find the rental of their dreams and save them the hassle of constantly moving.

What were the biggest challenges involved in building the tech or your team?

The toughest part was trying to take it one step at a time.

We had a grand vision of how we were going to simplify the home search and rental process. But of course, it is a huge undertaking, and it was an industry that none of us had built from the ground up.

So in addition to learning everything we could about real estate, we also had to figure out how to build the product, when to make releases, and how to market it effectively.

How will the company make money?

We have a few different monetization avenues. Firstly, we are building a pro version of RentalRoost, where landlords can post their properties, screen tenants, create lease applications, collect payments, and manage their properties.

On the tenant side, we also offer incentives such as a ‘roommate finder’ tool, rental insurance, payment processing, and the ability to submit any maintenance requests.

Who is in your team?

RentalRoost was founded by Nitin Shingate, Vikram Raghavan, and Harini Venkatesan.

Nitin is a technologist with experience building scalable platforms that leverage open source systems at Xerox and United Online. He is a Software Product and Engineering Leader with 20 years of experience directing cross-functional teams of technical experts to build and deliver enterprise and consumer software.

Vik Raghavan is an experienced e-commerce marketing veteran and has worked at CafePress.com, Overstock.com, Amazon, Capital One, and Lealta Media. Vik oversaw marketing, new product innovation, and business strategy at Overstock and is credited with conceiving several initiatives, including the creation of the new loyalty program, building an ad platform, and launching new payment instruments for use on and off Overstock.com.

Harini Venkatesan is an experienced journalist and a practicing attorney. She had previously practiced law at a boutique law firm before starting her own law practice in Utah.

Where would you like to be in one, three and five years’ time?

We hope to grow our user base substantially in the next year, especially as we introduce new products that make house hunting faster and easier.

In three years, we hope that our recommendation engine and search criteria became the industry standard, which again is in line with our mission to make this daunting home search process much faster and easier. In five years, we hope that our innovations continue, making us the industry leading in home searches and housings recommendations.

Other than your own, what are your favourite websites / apps / tools?

Nitin: Amazon.com because of their search recommendations. Since we’re building a recommendation engine of rental properties and neighborhoods, we can learn a lot from Amazon.

Vik: Audible – it makes even the worst traffic bearable (even fun!). Dribble is also one of my favorite websites – it inspires us to come up with better design and UI.

Harini: My two go-to apps are Clear (because it helps me stay organized) and Stop, Breathe & Think (because it gives us short chunks of meditation practice so that we can stay centered even when startup life keeps us busy 24/7).

View this original post on the Econsultancy blog.

For more information, visit www.rentalroost.com.

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Stock of Residential AD&C Loans Up 17 Percent over Last Four Quarters

One factor holding back a stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, the stock of residential AD&C loans outstanding has been on the rise, posting a 17 percent gain since the third quarter of 2013.

According to data from the FDIC and NAHB analysis, the outstanding stock of 1-4 unit residential AD&C loans made by FDIC-insured institutions rose by $1.7655 billion during the third quarter of 2014, a quarterly increase of 3.66 percent. The third quarter gain follows the largest quarterly increase in loans outstanding by both dollar volume and percentage change since the end of the Great Recession.

ADC_Loan_Volume

The third quarter expansion marked the sixth consecutive quarter of increase. Since the first quarter 2013, the stock of outstanding home building AD&C loans has grown by 22.9 percent, an increase of $9.3 billion.

It is worth noting the FDIC data report only the stock of loans, not changes in the underlying flows, so it is an imperfect data source. Nonetheless, the consistent growth in the outstanding stock of AD&C loans is a positive development. NAHB surveys of builders also suggest improving lending conditions.

However, lending remains much reduced from years past. The current stock of existing residential AD&C loans (the blue area on the graph above) of $50 billion now stands 75.5 percent lower (denoted by the red line) than the peak level of AD&C lending of $203.8 billion reached during the first quarter of 2008.

The FDIC data reveal that the total decline from peak lending for home building AD&C loans continues to exceed that of other AD&C loans (nonresidential, land development, and multifamily). Such forms of AD&C lending are off a smaller 59 percent from peak lending. This class of AD&C loans has now registered five quarters of increases (3.24 percent for the third quarter of 2014).

Some land development loans connected to home building are grouped in this other class. NAHB survey data indicate land development loans face tighter lending conditions than loans for residential construction purposes.

Despite the recent uptick in residential AD&C lending, there exists a lending gap between home building demand and available credit. This lending gap is being made up with other sources of capital, including equity, investments from non-FDIC insured institutions and lending from other private sources, which may in some cases offer less favorable terms for home builders than traditional AD&C loans.

View this original post on the NAHB blog, Eye on Housing.

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