I don't represent Sellers, so why am I writing about this? Almost all Buyers will someday be Sellers and almost all Sellers buy after they sell. My clients may as well understand that what is true on one side of a transaction usually has its parallel on the other.Just as Buyers often sign away ri
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12/20/2007
Suppose you find a home of interest and the Listing Agent tells you they will reduce the price of the home by 3% if you choose not to use the Buyer's Agent you have spoken to, but have not yet signed a written agreement with. What have you benefitted if you "save" 3%, but still end up over-paying
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12/19/2007
When selecting a Buyer's Agent, you will often be asked to sign an "Exclusive Buyer-Brokerage Agreement" (or something of a similar title). This title does not (necessarily) mean that the agent you are hiring will be an "Exclusive Buyer's Agent," working solely on your behalf, on any home you wis
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12/19/2007
Are you a sucker? MSN's Jim Cramer says: "If you don't buy a house in 6-18 months you're a sucker." I won't go so far as that, but in our market, if you are waiting to buy a home, you are likely going to pay much more for that home in 6-18 months than you are able to save by not buying today. Cli
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12/19/2007
If you are considering a home purchase in the Salt Lake City, Utah area, you may be getting mixed signals as to whether you should buy a home now, or wait another year. A recent article Forbes Magazine stated, "In Salt Lake City, the median home sale price for the third quarter this year rose 14%
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12/12/2007
The market in Salt Lake is certainly slowing down, but for all our sakes, that is a good thing. Last year's appreciation rates of 20-25% were great for all homeowners and created a bit of a buying-frenzy that had many buyers involved in multiple-offer transactions and many Builders and Sellers se
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12/12/2007
My observation of Salt Lake's Real Estate market over the past 10-15 years has been that it tends to chug along at a very moderate appreciation rate in the range of 3-5%. There are times when it is slightly better than this and times when it is slightly worse. But, generally, that has been my obs
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12/12/2007
