Anna-Lise Troup's Tucson Area Real Estate Update: November 2010

As of October 2010 active inventory was 8,040, a 28% increase from October 2009. There were 754 closings In October 2010, 24% below October 2009. Months of inventory was 10.7, up from 6.3 in October 2009. Median price of sold homes was $140,000 for the month of October 2010, down 12% from October 2009. The Tucson Market had 892 new properties under contract in October 2010, down 17% from October 2009.

Broker creates technology to inform homebuyers. Phones can scan code to find home's details

Great news for Tucson home buyers and sellers. Realty Executives has unveiled a new Tag technology, which allows house hunters to use their phones to scan a code to download a property's information. Tag technology - unique graphic codes that function almost like bar codes - allow agents to market their properties on property signs, brochures and business cards. People need a smartphone to access the technology.

"Rather than the industry fearing the Internet, we're embracing it," said Nicholas Yale, a Phoenix Realty Executives agent. "Open houses and fliers are outdated compared to the innovation of Tag technology. . . . It's the next step in the evolution of real estate."

"We know that 93 percent of prospective homebuyers use the Internet to search for real estate," said Glenn Melton, chief executive officer of Realty Executives International. The brokerage operates in 24 countries.

Call Anna-Lise Troup, Associate Broker with Realty Executives in Tucson, if you'd like to see how this powerful technology works!

www.RealtyExecutives.com Exceeds 1.2 Million Web Pages Which Positions the Web Site to Be Ranked Top in Major Search Engines

PHOENIX, AZ--(Marketwire - 11/04/10) - Realty Executives International, Inc. announces the launch of its re-designed Web site, www.RealtyExecutives.com, at the National Association of REALTORS Convention & Expo in New Orleans (NAR) November 5-8,2010.

The Web site has been in beta testing for approximately two months and has already exceeded 1.2 million web pages, already making it one of the most populated real estate web sites online. Realty Executives International is "releasing," or making the site public, to major search engines like Google, AOL and Yahoo! during NAR. The company says search engines like Google will take at least 30 to 60 days to index the sites' pages, thus increasing its search rankings.

"The web pages are growing at an exponential rate, positioning Realty Executives' new website to become one of the most relevant and highest ranking real estate sites in major search engines within weeks," states Darrell Smith, chief technology officer for Realty Executives International.

Different from traditional real estate Web sites, www.RealtyExecutives.com is a "community" of websites in the Realty Executives International network of nearly 11,000 sales associates and approximately 700 franchises globally. The Web site is in the process of integrating every Multiple Listing Service (MLS) in every Realty Executives market, as well as each individual Executive (real estate agent, broker and regional developer), into one central location online.

"The Web site fulfills a need for the consumer and our Executives," says Glenn Melton, chief executive officer of Realty Executives International. "It is a one stop shop for home buyers and sellers, which in turn increases the generation of leads throughout our International network."

www.RealtyExecutives.com is one component of the company's large scale Technology Initiative which is nearly two years in the making and plans out to 2020. The initiative is led by Smith, notably the co-founder of one of the top ten most downloaded applications in history (Morpheus file sharing). For more information, visit www.RealtyExecutives.com.

About Realty Executives International, Inc.
Realty Executives International is one of the fastest growing real estate franchises in the United States, with nearly 11,000 sales associates and approximately 700 franchises. The Phoenix-based, privately held company has offices in 24 countries: United States, Africa, Australia, Bahrain, Belize, Canada, Costa Rica, Dominican Republic, France, Greece, Honduras, Israel, Kuwait, Mexico, Panama, Poland, Romania, Nicaragua, Oman, Qatar, Saudi Arabia, Spain, Turkey and United Arab Emirates. Publications like Entrepreneur, Success and Inc. magazines have recently ranked Realty Executives International as a leader in the real estate industry based on franchise growth, management stability and financial soundness. For additional company information visit www.RealtyExecutives.com.