A recent article in the Detroit Free Press, written by Greta Guest talks about how the number of Michigan Real Estate agents dropped by 16.7%, and many big name franchises like Real Estate One and Century 21 closed many of their offices because business was so bad. Experts predict this will spread throughout the entire country soon as times get tough.

The article then goes on to talk about how because so many agents have left the business, the agents that have made it through these times are some of the most aggressive agents in the industry. In fact there is one agent in particular the article spotlights, and his name is MARK Z., a Top Real Estate Agent in Northville Michigan who works for Coldwell Banker who is having his best year ever selling a little…

I'm very excited about the real estate market that is spreading across the country. While most Realtors think this is the worst possible thing that could ever happen to our industry, I'm looking at all the positive things that will come out of this market. Lets face it, there are a lot of Realtors who are having their best year ever, not to brag but me included. There are a lot of Realtors who have sold more houses than they have ever sold before. There are a lot of Realtors who have done positive things that they have never done during the "great markets."

For all the agents that have figured out ways to still get homes SOLD, they will finally earn the respect they deserve from the general public. Let’s face it, for a long time anybody could sell a home.…

ATTENTION ALL REAL ESTATE AGENTS...

ALL Seller funded Down Payment Assistant Programs such as Nehemiah, HART and AmeriDream or funds from any other interested party (Yes, this includes the seller) to the transaction will be prohibited on all loans where final credit approval has not been established by September 30, 2008. 

This means call all your buyer leads that have been sitting on the fence and tell them the urgency of finding a home within the next two weeks. I say the next two weeks, because we all know it is going to take 30 days to fund the loan, so if you don't have a house picked out and negotiated a signed purchase agreement to have in your lenders hands by September 1, 2008 you are going to be chasing your tail to close by September 30,…

Donald Trump has even decided to jump into the real estate bank foreclosure market. Donald Trump will be soon be Ed McMahon's Landlord. Trump has agreed to buy Ed McMahon's house for an undisclosed price and rent the house back to him.

The Beverly Hills mansion boasts six-bedrooms, five-bathrooms and had been on the market for about two years. At one point, it was listed at more than $7 million but dropped in increments, winding up this weekend at $4.6 million. McMahon purchased the house in 1990 for $2.6 million, according to public records.

Trump said he stepped in because helping McMahon "would be an honor."  According to an exclusive interview with the Times, Trump said "I don't know the man, but I grew up watching him on TV."

McMahon, 85, was about…