Do You Have a High Volume System? - 12/28/07 04:11 PM
There are many agents who function pretty well independently without assistants or many systems as long as the inventory or work load maintains a certain level. However, once the workload exceeds the agent's threshold of management, then what little systems that are incorporated start to fail. A back-up of work ensues … (2 comments)

Who determines value in this market? - 12/20/07 06:46 PM
In my office in Pleasant Hill California we've noticed the appraisers are really clamping down on comps. And, lenders are requiring review appraisals on nearly all pending sales (Uggh!)
It appears the banks just don't want to do any more loans for the rest of the year. I wish they would just admit … (11 comments)

What's the difference between licensed and unlicensed Transaction Coordinators? - 12/10/07 02:31 PM
 Not much! I'm going to give you a general rule we use in our office.
Coordinators (licensed and unlicensed) can do everything except explain contracts and negotiate terms.
For those of you not in the know, a Transaction Coordinator is someone who is hired by the broker or agent to manage a … (8 comments)

DANGER-Are you making MINIMUM payments on your ARM Loan? - 12/03/07 12:13 PM
Does Danger Lie Ahead?
Beware of Adjustable Rate Loans (An ARM) with a negative amortization option
If you are making minimum monthly payments,  you may soon reach your loan limit!
If you or your client received a notice called "Significant Payment Increase Alert" from the bank that you have a loan with BEWARE! … (0 comments)

 
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