buyer: Relocating Home Buyers Seek Out Exclusive Buyer's Agents for Representation - 05/29/08 02:59 PM
Because of my work, I was required to relocate to Utah. As with my previous home search effort in Illinois, I decided to use an exclusive buyer agent rather than a traditional realtor. A traditional realtor normally cannot fully represent buyers since they are legally bound to work for the sellers. … (8 comments)
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buyer: Will Machines Replace Real Estate Agents? - 05/20/08 10:21 PM
A New World
Some websites promote their equivalence to or superiority over the flesh and blood real estate agent. While mathematical computations can be completed much faster by microchips and microprocessors, they lack the same thing Dorothy's beloved Scarecrow lacked: a brain.
Today's Lenn Harley post on Zillow caused me to … (118 comments)
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buyer: Zillow's "Zestimate" - Astoundingly Accurate! - 05/16/08 03:31 PM
(Please reread the title with sarcasm. Good.)
Zillow can guestimate Market value within 20% of the actual sold price between 51 and 88% of the time! Yippee!
What this means is that Zillow can guestimate the market value of a $500,000 home within $100,000 more than 1/2 the time! (It's worth … (4 comments)
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buyer: Questions for Buyer's Agents - My Responses - 04/18/08 01:10 PM
I don't know the specific origin of these questions, but Buyers ask them all the time. A wise homebuyer will ask these types of questions to any agent they interview.
Here are my responses to Buyers when I am provided with these questions:
Do you spend 100% of your time representing Buyers? YESWill … (2 comments)
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buyer: Ummel Case Juror Suggests "Buyers Agents Suck" - 04/17/08 01:57 PM
OK. Those weren't her words. Read this article from The Voice of San Diego (author, Kelly Bennett) and comment if you like.Here are a few quotes from the juror:"After my seven days of realtor training (sitting in a court room), I may consider not using a realtor in my next purchase of … (21 comments)
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buyer: The Utah Real Estate Purchase Contract: Walk-Through Inspection - 04/12/08 11:39 PM
What is the purpose of the Walk-Through inspection? What are the Buyer's Rights? What happens if the Buyer fails to conduct a walk-through inspection?
Here is section 11 of the Purchase Contract:
11. WALK−THROUGH INSPECTION. Before Settlement, Buyer may, upon reasonable notice and at a reasonable time, conduct a "walk−through" inspection of … (0 comments)
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buyer: Helping Clients Buy FSBO - Who Is My Client? (WIM-C) - 04/06/08 12:49 AM
I just read a great blog entry by Ki Gray (a Realtor(R) in Austin) about why he as a listing agent prefers to work with Buyer's who have a Buyer's Agent.
I have to say, that as an agent who works ONLY with Buyers, I, too, prefer to work with SELLERS who … (5 comments)
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buyer: Re-Listing Homes - Can You Handle the Truth? - 02/23/08 11:45 PM
The Practice of taking a home off the market and re-listing it to show 0 days on the market again is becoming more and more common. Debates are heating up on the subject from coast to coast.
Listing Agents argue they are doing their client a service. They also argue that … (18 comments)
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buyer: "Old"Listings - What's Wrong With This Home?" - 02/23/08 11:32 PM
Naturally, just like a Buyer, when I see homes on the market for 180, 240, 360 days or more, I also wonder "What is wrong with this home?"
Often, with a little digging, we can find out if the home was under a contract that failed or if there is some … (0 comments)
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buyer: Some Things Aren't Learned In School - Like How To Buy A Home - 02/13/08 05:02 PM
Some things just aren't taught in school. I have always believed that there are many things that, if taught in school, would make life easier and more successful for many of the next generation.
"Utah lawmakers right now are considering a bill, sponsored by Sen. Patricia Jones, D-Holladay, that would set up … (3 comments)
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buyer: Salt Lake City - 2nd Least Stressful City in America - 02/13/08 03:07 PM
In an American City Business Journal report today on MSNBC (February 13th, 2008) Salt Lake was mentioned as being the second least stressful metropolitain area in the country.
It said:
"Salt Lake City is the runner-up in the low-stress derby. It enjoys America's smallest unemployment rate, 2.6 percent, as well as light traffic, … (0 comments)
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buyer: How Street View Helps Homebuyers in Salt Lake City! - 02/13/08 01:08 PM
Salt Lake City is one of a handful of cities that has recently been added as a Google StreetView City!
You are either really excited about this or really freaked out about it, but the bottom line is that this is good news for homebuyers.
Listing agents tend to take pictures from angles … (4 comments)
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buyer: Exclusive Buyer's Agents Negotiate for the Home Buyer - 02/02/08 11:43 PM
The most exciting part of being a true Buyer's Agent (and the most rewarding part) are the negotiations. Every transaction is unique, and there are many real estate agents who lack the level of negotiation skills required to truly get their clients the best deal.
Having an agent who has training … (2 comments)
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buyer: Working with Clients as an Exclusive Buyers Agent in Salt Lake - 02/02/08 11:28 PM
Tell us a about your philosophy of customer service.
First, if we get along, we will both have a good time. I do my best to educate my clients and let them stay in control over the decisions that are made. I do my very best to assure that my clients are … (0 comments)
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buyer: Benjamin Clark - Background - 02/02/08 11:23 PM
How long have you been an Exclusive Buyer Agent? What brought you to this unique niche?
I have been a real estate agent since 1997. I worked mainly for buyers during my first few years, but I also took some listings. I quit listing homes in 2000. I didn't know what … (0 comments)
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buyer: Thank You for the Referrals! - 01/12/08 11:53 PM
I want to thank all my family, friends and past clients who have referred family and friends to me. There is nothing better than helping a friend of a friend. As the Salt Lake real estate market slows back to its more normal rate, I would like your help in spreading … (0 comments)
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buyer: The Truth About "Buyer's Guides" - 10/21/07 01:25 AM
Are You Missing The "HOT" Listings?If you're relying on the "Buyer's Guides" that are distributed in grocery store racks to find your home, you will likely find that the only homes still available are the "leftovers."
It can take up to 45 days for some "Buyers Guides" to be compliled, printed and … (3 comments)
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buyer: Your Credit Might Not Be As Bad As You Think - 05/14/07 12:00 PM
Many buyers in the Salt Lake City, Utah area have been unsure of their standing in the credit department. This has led them to agree to pay a higher interest rate, convinced that they should, when in reality, their credit may not have been low enough to merit the higher rate.
Those who … (1 comments)
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buyer: How to Know About the Newest Homes on the Market Each Day - 05/14/07 11:54 AM
Get Technology Working For YouWith our Preferred Buyer Search, Salt Lake City Area Buyers help us program our database to search the entire inventory of listed homes for sale. Our computers will easily find the homes that match YOUR specifications.
This search accesses the Wasatch Front Regional Multiple Listing Service's mainframe database (The MLS). … (3 comments)
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buyer: The wrong mortgage can cost thousands of dollars in needless fees, interest and other costs - 05/08/07 05:17 PM
The wrong mortgage can cost thousands of dollars in needless fees, interest and other costs.Many lenders have a handful of loan types that they use with almost all of their customers. You may qualify for special programs, but never hear of them. Many lenders use the loans that are most similar … (2 comments)
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buyer: WHO pays the commissions (and other fees)? - 04/02/07 02:40 PM
This is sure to spark some debate.
I am in the camp that believes that broker's fees and/or commissions are paid "from the proceeds of the transaction."
On the one hand, the Seller often contracts with a Listing Brokerage to pay a specific commission. Often, that commission includes a co-op fee for a … (4 comments)
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