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sellers: Economic Stimulus Plan - 02/07/09 03:12 PM
I'll be watching what Congress decides to do this week about the economic stimulus package. Particularly I'll be wanting to see if the $15000 tax credit to home buyers is passed. This credit would be a great boost for the ailing real estate market. Buyers would have an additional motivation to buy and sellers would have an additional benefit to offer. Let's hope our leaders act quickly so we can begin promoting this much needed stimulus. Bonnie DeCarolis Weidel Realtors 908-313-5052
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sellers: Net Listing: Illegal in New Jersey - 09/13/08 12:57 PM
Hi all, Recently someone wrote about a form they give to sellers at a listing presentation which shows the seller what they will NET from the sale of their property. I had commented that in New Jersey Net Listings are illegal. Thinking about this, I went back to my training manual so I could explain the term more clearly. Paraphrasing from the manual, a Net Listing is considered illegal because it can be used to defraud the seller. The way a Net Listing is worded is that the seller agrees to accept any offer as long as he NETS a certain amount.
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sellers: Did you discuss Agency? - 08/13/08 11:37 AM
Do you discuss agency with your sellers and buyers as the law requires? I spoke with a potential buyer client this morning about his experience with the last agent he worked with. He was telling me how she tried to sell him only properties which were her listings. She dragged her feet on preparing an offer for him on a property listed by another agent until it went into attorney review with another buyer. When she had a house which was her listing he felt she treated him unfairly and failed to make the sale to him. After listening to his
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sellers: Newsletter topics - 08/02/08 02:41 PM
I recently started sending out an e mail newsletter to keep my friends informed about the local real estate market. I promised them I would only send them facts, not fancy. Last month I sent them a copy of a report available from our MLS which gave numbers of listings sorted by number of bedrooms. This month I sent them sold listings from their specific market (township). So far I have received a good response. My main object is to keep reminding these people that I sell real estate so they think of me when they have a need. Any ideas
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sellers: More Information on 203K - 07/16/08 11:56 AM
Hi all, Yesterday I posted a blog about the FHA 203 K Renovation Loan. I did get some more information on this program. Sellers can apply for these loans but must do so prior to listing. Also, the work must be completed before listing. The typical interest rates are 7 to 7 1/2%. For even more information about this program, do a search on the blog page. Just search 203K and other blogs will come up with more detailed information. Happy selling! Veronica
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sellers: Help for Buyers - 07/15/08 04:10 PM
At our office meeting this morning, one of our agents shared some information about renovation money available through the FHA. The program is called 203K Renovation Loan. Up to $35,000 is available to help the buyer get rid of that ugly carpet or renovate the bathroom. This program should help us overcome the "It's a great house but..." objection. The limitations are that the buyer must use a qualified contractor and there can be architectural requirement, that is no drawings can be necessary. Otherwise the money can be used for any needed renovation. As a sellers agent you could make estimates
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sellers: ZIPREALTY - 07/14/08 07:55 AM
Last week I attended a seminar given by Realtor.com. They had a board listing the top places consumers search for real estate. ZIPREALTY.com was number 4. This company is not operating in my market place but I checked out their web site. They offer commission money back to buyers! Are any of you ZIP agents? Do thye operate in your market? I'd like to learn more about their business model. Veronica
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Veronica DeCarolis
Flemington,
NJ
More about me
Weidel Realtors
Address: 405 Route 202, Flemington, NJ, 08822
Office Phone: (908) 782-0100 x 217
Cell Phone: (908) 313-5052
Email Me
Links
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