This month's August 13th New Agent Orientation included over 60% of the of the new members transferring from Re/Max into the Metro Brokers system. According to Membership director Barb Figal, many of the longtime former Re/max agents feel abandoned by their former brand. The success of the company at the expense of the brokers seems to be the theme. Says Figal, the increasing costs and franchise fees at Re/Max are not what a lot of these true 100% brokers signed up for.

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MetroBrokersTV: Good afternoon. We are in the lobby of the Palace Hotel. We are at Inman Real Estate Connect in San Francisco 2008 and I have Moe Giroux. Moe is the president of Metro Brokers and welcome Moe.

Moe Giroux: Thank you.

MetroBrokersTV: So which office do you work out of Moe?

Moe Giroux: The Littleton South West office in the Ken Caryl Business Center.

MetroBrokersTV: Well, I have been... we have been wandering around here on the floor and the seminars. It looks like there are a lot of Metro Brokers attending this year's Inman event.

Moe Giroux: I think we have about 22 this year. It is pretty exciting. <watch video>

The powerful pen of the Executive Office has been wielded, endorsing housing legislation that gives broad authority to the Treasury Department for safeguarding Fannie Mae and Freddie Mac and saving thousands from foreclosure. But at what price? It increases the national debt by 800 Billion, and the liabilities for taxpayers are impossible to calculate. The Congressional Budget Office estimates that 35 percent of refinanced loans will default again. But for the moment, Fannie Mae and Freddie Mac are safe.

MetroBrokersTV: Welcome to Metro Brokers TV and we are here today with Jesse Sehlmeyer. Welcome Jesse.

Jesse Sehlmeyer: Nice to see you Mark.

MetroBrokersTV: Tell me your company name again Jesse.

Jesse Sehlmeyer: Vintage Homes of Denver.

MetroBrokersTV: And that is a Metro Brokers company that you are an independent shareholder and owner.

Jesse Sehlmeyer: It is and we are down here on Pearl Street. <watch video>

<a href="http://www.zealotuniverse.com/jesse1#more16952">Read more &raquo;</a>]]> http://www.zealotuniverse.com/colorado-foreclosure-rate-down-nearly-10-percent Wed, 27 Aug 2008 02:19:55 -0400 mark MBI News <span><span><span><span><span><span><span><span><iframe src="http://vidego.multicastmedia.com/player.php?v=j1fge08j" frameborder="0" SRC="http://vidego.multicastmedia.com/player.php?v=j1fge08j" height="370" width="352"> </iframe></span></span></span></span></span></span></span></span> <p><strong>Metro Brokers Real Estate News<br /></strong></p> <p>&#160;</p> <span><span><span><span><span><span> <span><span> <a href="http://www.bizjournals.com/denver/stories/2008/08/11/daily44.html?ana=from_rss"> Colorado has emerged as 8th for number of foreclosures</a> in the nation <a href="http://www.examiner.com/Subject-RealtyTrac_Inc!.html">i</a>n July, dropping one whole spot in the span of just a single month. It was also down 9.19 percent since last year. <a href="http://money.cnn.com/2008/08/14/real_estate/foreclosures_up_in_july/">Nevada still holds the nation's number 1 spot</a>, with a dominant lead of 16 consecutive months, followed by California, Florida, Arizona, Ohio, Georgia and Michigan. This is definitely a significant improvement for Colorado since 2006 when it held the top spot for nine months.</span></span></span></span></span></span></span></span>

Metro Brokers Real Estate News