eba: An Exclusive Buyer's Agent is the Only Way to Go - 05/01/09 06:09 PM
I recently transferred to Salt Lake City from California. Having owned a few homes, and also having dealt with various agents in the past, I did not relish the stress and hassles involved in the home buying process. I investigated my options, and wanted an agent that would be a good
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eba: 5 Reasons Utah is Weathering the Economic Storm - 04/13/09 02:19 PM
A recent ABC4 news report points out some reasons why Utah is weathering the economic storm better than other states. Diversification seemed to be the main theme. All of Utah's eggs aren't in one basket.
Here are 5 of the examples given:
International Exports
Tourism
Alternative Energy Research & Development
Technology
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eba: How is Earnest Money Applied at Closing? - 04/08/09 11:35 AM
Earnest Money is applied as a credit to you at Settlement.
The settlement sheet is basically a balance sheet. The money you owe is on the top of your side (purchase price, closing costs, your portion of property taxes, etc.) All the money paid on your behalf (loan proceeds, earnest money,
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eba: An Equal Level of Representation for Home Buyers - 03/16/09 11:14 PM
Great Article in the New York Times Friday, featuring a good friend and colleague of mine, Ira Freireich of Long Island, NY.
The article points out how many homebuyers are becoming more savvy and aware of how they can get the best level of representation in the real estate transaction: Exclusive
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eba: Dual Agency, Bad for Buyers (And Sellers!) - 03/16/09 10:36 PM
When I first began my career in Real Estate, I observed agents as they asked consumers to agree to dual agency. Sellers are often asked to do so when they list the home. Buyers are often asked to do so when writing an offer.When taking a listing they may have said
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eba: Home Buyers in Sandy, Utah Value Having an Agent on Their Side - 03/12/09 08:29 PM
We recently purchased our first home in the Salt Lake area. In choosing a realtor, we considered several options, but ultimately chose to work with Benjamin Clark based on positive recommendations we'd received.
We weren't very familiar with the concept of an Exclusive Buyer's Agent (EBA) at the outset, but during
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eba: Early 2009 May Be the Best Time to Buy a Luxury Home in Salt Lake - 12/06/08 10:36 PM
We all know that the Salt Lake area real estate market (and the economy at large) is doing better than most areas of the country. Still, some things have slowed considerably.
Some things that have slowed the most:
New Construction Permits
The Time it Takes to Sell a Home (Days on
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eba: Best Cities to Weather a Recession? Salt Lake City Among the Top 10 - 11/26/08 06:14 PM
According to a recent BizJournals story on MSN.com, Salt Lake City "would appear to be well situated to confront the recessionary challenges ahead."
The report looks at areas of the country that have undergone rapid growth in the past 10-20 years and are continuing to expand. It asserted population growth as a positive factor
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eba: Exclusive Buyer Representation - The Homebuyer's Best (But Little-Known) Option - 11/21/08 12:06 AM
Well, I just ran across a press release from the National Association of REALTORS either from May of 2008, or revised in May of 2008.
It says in the header that the article will discuss agency and representation options the consumer can choose from:
"a variety of business relationships with real
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eba: Salt Lake EBA Voted President-Elect of the National Association of Exclusive Buyer Agents - 11/15/08 11:04 PM
I spent most of last week in Orlando Florida for the Annual Meeting and Conference for the National Association of Exclusive Buyer Agents (NAEBA).
NAEBA is made up of real estate brokerages that represent buyers only on the buyers side of the real estate transaction. They don't list homes. They don't
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eba: Home Warranty Companies Affected by Slowdown: Adjusting Prices/Coverage - 10/17/08 12:01 AM
It seems that the slowdown in the real estate market has Home Warranty companies that service the Salt Lake City real estate market adjusting their premiums and coverages to keep profits up.
Over the past 45 days prices have gone up by about 18% and deductibles (service fees) are up about
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eba: Salt Lake Area Home Buyers Should Seek Professional Representation and Certified Negotiation Expert when Buying a Home - 10/13/08 03:01 PM
The NAR 2006 Profile of Home Buyers showed that:
98% of Buyers believe negotiation skills are "Very Important" or "Somewhat Important" in their real estate agent.
and that:
Buyers give "Negotiation Skills" the lowest satisfaction rating of all agent skills and qualities.
Fewer than 3% of all real estate agents have
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eba: Real Estate Negotiation Skills a Must for All Salt Lake Area Home Buyers, Especially in the Current Market - 10/13/08 01:33 PM
SALT LAKE CITY, UTAH - Benjamin D. Clark has been awarded the Certified Negotiation Expert (CNE) designation, achieved by real estate professionals who have successfully completed formal training in the art of negotiation. Agents who receive this certification are in the top 1% of all agents nationally.
Buyer's agents with
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eba: Buying "Small" in Salt Lake - 10/03/08 03:53 PM
With all the plusses that come with more square footage, the smart buyer will look at the additional costs.
Whether you are buying a home as an investment, or planning on living there a long time, there are many reasons some Buyers choose to buy "small" rather than buying "large" homes.
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eba: Military Family Relocating to Utah Benefits by Hiring an Exclusive Buyer's Agent - 09/21/08 01:01 AM
Our family was relocating to Utah after 5 years in Japan. Although we had done lots of internet searching for houses we really had no idea as to neighborhoods, schools, shopping, etc. The "house hunting" experience was old even before we left Japan.
In doing our initial research into rates,
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eba: Salt Lake City, Utah Area Homebuyers Benefit when Having Agent on Their Side - 09/18/08 12:28 AM
We had a wonderful experience with our agent, Benjamin Clark.
We had been looking at houses on our own for about six months, and were getting frustrated trying to find decent houses to look at, physically locating the houses without getting lost, and scheduling appointments to see the houses with various listing agents. It felt
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eba: CNN Money Article - Exclusive Buyer's Agents representing their clients - the Buyers! - 09/17/08 11:47 PM
I suppose I should have blogged about this a few weeks ago, but I was interviewed by Les Christie from CNN Money last month and was written up in another CNN Money article, this one titled "Homebuyers turn the screws on desperate sellers."
Although the article doesn't mention this, I believe
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eba: Exclusive Buyers Agents - A Good Choice when Relocating - 09/16/08 01:57 AM
I was relocating to Utah and needed an agent to help me find a home and navigate the buying process.
Through web searches I contacted several agents and ultimately selected Ben Clark of Homebuyer Representation to help me with my home search.
Ben helped me consider adjacent areas in my search,
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eba: Provo-Orem and Salt Lake City, UT at top of 2008 Best Performing Cities Index - 09/15/08 04:19 PM
The Milken Institute ranks metropolitan areas by how well they create and sustain jobs, wages and salaries and technology.
Their report, dated September 10, 2008 shows Utah's Largest Metro Areas strong atop the list of over 200 Large Metropolitain areas nationally.
Provo-Orem comes in at #1 with Salt Lake City at
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eba: Home Buyers Beware when Choosing a Utah Home Inspector - 07/15/08 02:05 PM
In Utah, all it takes to be a home inspector is to call yourself one.
See Get Gephardt – Worst Home-Buying Fiasco Ever! -
Quotes:
"And guess what, home inspectors need absolutely no qualifications whatsoever in Utah."
"...there is no state agency overseeing home inspectors in Utah. And it appears anyone
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