Archives of real estate blog entries for August 2, 2008 (Page 9)

Blog posts


The new "walk away buyer" - 10:05 AM
You can think what you want about this market but some very unique trends are emerging.  More so now than before.  Buyers are becoming "Walk Away" buyers.  Many times offers are tossed out to see if the seller will take it.  It has nothing to do with long term housing needs. 
Some of the choices are....that will work.  Many are looking short term which may be a real error in judgement.  That short term purchase of three to five years could end up being 10 or 15 in a home that "will work".
Homes are one of the largest purchases a … (12 comments)

Straw Buyers, walking the dark side! - 10:59 AM
That term of straw buyer may not mean much to many newer agents....Phantom buyer may be a better term but both apply.
The foreclosure and short sale market brings out the best and worst in agents, lenders and buyers.  Making sure you are not part of the problem but instead part of the solution is key to whether you stay in the business or lose your license!
We have all heard the analogy...if it walks like a duck it quacks like a duck it probably is a duck, rings true year after year.
Here is a little scenario that could get … (15 comments)

Thinking foreclosure is your only way out? - 02:24 PM
Want to save your credit?  Thinking foreclosure is your only way out?  Foreclosure is a grim prospect that many families are facing.  It does not mean you have to go into foreclosure.  You have choices.
Most people know very little about "Short Sales" or how to even figure out how to deak with their existing lender.  Let's be clear....lenders do not want your home.  A loan that is not performing or called "Non Performing loan" is one that the payments by the homeowner are no longer being paid.
So why doesn't the lender want your home?  They would rather have the interest … (6 comments)

When thing go bad they really go bad...but sometimes they are not what you think. - 11:30 PM
Life's lessons can not always be fun.  But....that little three letter word can have a big impact on what you think is going to happen and what does happen.
Many times in talking with For Sale By Owners they have a misconception that using a Realtor costs them money.   Now did you notice the word "Misconception"....they see a commission fee and say hey....what is this nut talking about "Misconception".  People say, "if I pay it out it is gone and not mine.  Maybe? 
I have had people asking if I was smoking funny cigarettes or on crack....the fact is the commission a … (4 comments)

Welcome Home to SW Las Vegas Communities: Rhodes Ranch - 03:35 PM

Rhodes Ranch is a guard gated golf community snuggled in the southwest Las Vegas valley foothills.Rhodes Ranch is bordered by the North/South Streets of Durango & Fort Apache and East/West Streets of Just South of Warm Springs & Just North of Wigwam.Community Amenities Galore make your HOA fee a bargain!   Discounted golf, a water park (Fun Zone), community center (The R Club,) racquetball, basketball, volleyball just to name a few.  Rhodes Ranch is close to shopping, restaurants, professional offices, a new medical corridor and local gaming.  When minutes matter: Rhodes Ranch is conveniently located close to two major hospitals.

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Site Meter Preventing Blog From Opening - 08:28 AM
Not sure what happened but I have had Site Meter on all of my blogs for a very long while.  This morning when I tried to open my blogs, all of them, including Active Rain, I couldn't I got an error code that Internet Explorer "can not open this Internet site".  So, checking all of the possible causes that I could think of I finally found out that having Site Meter on my blogs was causing this error.  I deleted Site Meter and no more problem. 
If any of you are having problems opening your site (s) and you have Site … (1 comments)

Used to Be Roaches, Now it's Bedbugs - 08:37 AM
One of my clients expressed concern about bedbugs and that she is really worried about them.  I have heard of the problem but didn't realize the extent of the issue and knew nothing about bedbugs, how they infiltrate a home, their life cycle and how to try to get rid of them.  Oh so many years ago I lived on the upper West Side of Manhattan.  Cockroaches were the bain of my existence then.  I lived in a brownstone on West 85th Street, a walk up.  My friends and I who were all just starting out lived with these bugs. We were … (10 comments)

Let's Have A Rousing Welcome In The Rain - 10:01 AM
Two years ago I moved to the ActiveRain community. Since then I have been trying to engage a good friend and colleague in our Scotch Plains office to join the Rainers. Well, in her office  around two o'clock this morning we got her up and running. Sometimes our best work and strategies come in the wee hours of the morning.
In addition to being a stellar producer and top negotiator, Diane is also the head of our Relocation Division, as well as one of three designated Trainers. With over 31 years of experience, she has seen all types of market conditions … (19 comments)

ERA International Business Conference - San Antonio, Texas - March 5-8, 2009 - 10:59 PM
Special rates are still available for our international business conference, which is only seven months away. Exciting changes are taking place in the international luxury collection, to include: a new logo, new tool kit, revised marketing materials and discounts on many services. Enhanced training is also available tohelp you secure  and service the lidting.
… (0 comments)

Shared Listings, Are You Game? - 11:11 PM
ERA has announced a new arrangement between ERA.comand other Realogy brand Web sites. Specially, ERA listings will be posted on the web sites of Coldwell Banker, C21 and Better Homes and Gardens. The arrangement purports to increase traffic flow on the ERA web site, as well as the creation of additional leads for ERA agents. What are your thoughts on this arrangement, do you perceive a benefit?
… (5 comments)

Cubs win! Could this be the year? - 11:56 PM
I am not a huge baseball fan. I'll go on record on the world wide web to tell you - I don't really understand the game. You either hit the ball or you don't. I've been told there is more to it than this, but I just don't "get it."
But, being from the Chicago-land area, born and raised up there, I have a soft spot in my heart for the Chicago Cubs. They go through so much, year after year.
As of today, they are ahead of Milwaukee by 4 games, ahead of St. Louis by 5 games.
Now that … (8 comments)

Parowan Listing - 12:20 PM

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Screaming Deal on Twinhome in Cedar City - 12:48 PM
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Another Great Town Home in Cedar City - 01:24 PM
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Great Newer Home in Enoch - 01:35 PM
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Another Nearly New Home in Enoch - 01:42 PM
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Traffic Jam in Land Park From I-5 - 04:53 PM
Warning. There are orange cones blocking lanes and work is still in progress on the ramp from southbound I-5 at the Biz 80 / Highway 50 interchange. When I headed out to Natomas from my home in Land Park this morning, I saw the cars lined up going in the opposite direction. I thought it would be cleared up by the time I returned four hours later, but it was still severely backed up.
If you're trying to get into Land Park from southbound I-5, I suggest you stay in the left lanes right after the J Street exit. The three … (10 comments)

Touch Points...Building Localism into the Communal Landscape! - 11:17 PM
Whether the term is Top Neighbor, Neighborhood Sponsor or Mayor of your Community as is referenced on Seth Godin's popular Squidoo toolbox, one thing is becoming very clear...people want PROOF that you know WHAT you're talking about when you say that you are the EXPERT in a community.
Today, the blogosphere provides all sorts of different oopportunities for connections.  And in case you missed it...it's about community.  Knowledge devoid of relationship lacks essential vitality.  What intrigues me is how a number of websites are now using various aspects of  social media to marry knowledge and common interests to connect people together geographically. Have you checked … (16 comments)

Second Time Around - 01:10 PM
No, this isn't being married for the second time.  It has to deal with marketing and confronting expired or cancelled listings. 
I started working with expired listings because - well, obviously that failed to sell.  I'm the Second Time Around Realtor who takes these listings, reinvents their appearance, gives them the sparkle that they need to draw the attention, to be honest with the sellers or for a better word "forthright" about the marketplace, what is happening, the rate of absorption, what it will take to get noticed, etc.
What does it take to get noticed?  Well, think about that first … (4 comments)

Entrepreneuring in Retirement - 08:54 PM
     In the last few years many of my clients have planned new "businesses" for their life after retirement. Sometimes it has been in an entirely new field, others it is a twist on their current profession such as limiting their hours and/or focusing on a specialty inside their field. These things vary from being a realtor, a temp doctor on cruise ships, to an interior decorator.
       All of these things are possible if you have a plan. With longer life expectancies, they know they will need more income to enjoy retirement while supplementing  their retirement savings. Mark Terry at … (0 comments)

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