buyers agent: FranklyMLS.com Launch: World's First Wiki MLS - 04/08/08 11:16 PM
I am officially launching FranklyMLS.com, the World's First Wiki MLS!
Where BUYER AGENTS from multiple brokerages come together to ADD information and photo albums to listings they visit. MORE DATA & 1,000+ MORE PHOTOS!
THE "OLD 1.0 WAY" MLS: (see all 31 MLS search engines here)
1) One-Way Information. "Here … (73 comments)
|
buyers agent: ALERT! Market BOTTOM! I have 100% Proof! - 04/08/08 11:40 AM
I officially have 100% proof that we have officially hit rock bottom.
No other indicators from NAR or the government have been as accurate as the proof that I have. I found a 100% correlation!
When My MOM SELLS, THE MARKET SKYROCKETS shortly thereafter!
The chart to the left is factual. Actual points … (25 comments)
|
buyers agent: Buying a Bank Owned REO Home? Beware of the Bank Addendum and hidden fees. - 02/07/08 06:16 PM
I have wanted to post this post for a few weeks now. I want community participation on this one. I need examples and things to watch out for in Bank Addendums.
So you are buying a bank owned property, and REO or a Short Sale? You need to understand the bank addendums … (23 comments)
|
buyers agent: FSBOs on Craigslist, How to Find Them; Use Quotes - 12/11/07 11:48 PM
While I've written about FSBOs losing money selling on their own (see Go FSBO! Save $20,000! Agent Tells All!) A good buyer agent with a Buyer Agency agreement (see Exclusive Buyer Agency Contracts. Don't Sign Them... Yet.) should be looking out for For Sale By Owners on Craigslist.
But do you … (35 comments)
|
buyers agent: Current Sellers "Wait Till Spring"? Yeah Right. Lose $10,000. - 11/25/07 06:58 PM
How frequently have you heard a seller during the month of November or December say that they will just "wait until the Spring to sell for more."
As if they can get a higher price then.
Well don't believe it.
On the one hand I don't believe in data since it can … (9 comments)
|
buyers agent: DATA. What Is It Good for? Washington Post "Trends" Herndon up 14%!? or down 26.2% - 11/25/07 12:23 PM
I was reading the Washington Post on Sat November 24 and I came across their "Real Estate Trends" report for Fairfax County. They compared the first 6 months of 2006 to the first 6 months of 2007. They excluded condos and they used data gathered through the courthouse, and not via … (5 comments)
|
buyers agent: Buyers! Photoless Listings= $15,000 "Sale" - 11/21/07 12:39 AM
Punchline: Buy homes with No Additional photos= Save $15,000 on a $400,000 house.
Buyers LOVE seeing tons of photos for each listing online. I think Realtor.com said that listings with multiple photos get seen 6 times more than listings with 1 photo. The tendency for buyers is to see a photoless house … (31 comments)
|
buyers agent: Foreclosures in Virginia! The FEVER is back! But is it real? - 11/10/07 03:08 PM
The FEVER was lost for two years, but it's BACK!My Virginia Real Estate blog showcases the trends before you ever knew they existed. This is a new trend, and it is on fuego. Problem is, is it real?The message is slightly different, but the bottom line is still there: Buy Foreclosures, … (9 comments)
|
buyers agent: Inflated Appraisals: 1st Major Suit - 11/03/07 12:34 PM
When two of my blog readers send me WSJ articles on the same day, you know something big is up.
Appraisals 101: An appraisal is a report that is supposed to be a 3rd party impartial review of a property (usually under contract) to make sure the price is in line … (10 comments)
|
buyers agent: Builder Bargains: Risks or Rewards? - 09/24/07 12:30 AM
Many Virginia condo builders have bailed before completion of their projects, voiding thousands of contracts (see: Arlington Condos Trend: Back to Apts). Meanwhile, other builders, including single family home (SFH) builders, decided to plow through the rough market. Earlier in the year, builders (condos and SFH) were finding buyers were backing … (3 comments)
|
buyers agent: Attn. Market Timers! Exactly When to Buy! - 09/04/07 07:56 PM
Frankly, the #1 questions I get are market timing questions like: "Have we hit bottom?" and "Is NOW the time to buy?" Well, after months of thinking and market analysis I've discovered the EXACT time you should buy, down to the DAY! So you no longer believe the "Buy Now!" campaign from the National Association of … (34 comments)
|
buyers agent: More Builder Tricks! Independent Appraisals & Fiduciary Duty - 08/20/07 09:58 PM
Frankly, builders are in a heap of trouble with excess inventory! (Just take a glance at Brian Brady's mortgage blog for more details.)So with this trouble comes questionable practices in order to unload properties. Get a Realtor (the price is built into the condo, you won't get a better deal without … (8 comments)
|
buyers agent: "Round Robin" Buying System. Save $5k-$25k. Unearthing The Desperate Seller. - 08/20/07 03:10 PM
Frankly, buyers say they want a good deal, but oftentimes they aren't willing to go through the emotional roller coaster the buying process can put them through. A good Realtor will try to shelter the buyer from stress, but inevitably it is up to the seller and their threshold for being … (6 comments)
|
buyers agent: Builder: Guaranteed Lowest Price* WITHOUT THE ASTERISK - 06/17/07 12:26 PM
The first builder I noticed offering "Pricing Guarantees" was The Park At Courthouse, An Arlington Condo. I thought the idea was brilliant. A promotional plan that would give buyer's some security in their preconstruction purchase, in case prices dropped.
So in theory, if you bought a place for $400,000 and a … (9 comments)
|
buyers agent: Picking a Closing Company & other "Partners" - 05/30/07 02:19 PM
I have written before about the "slim shady" shadiness of ABAs or "affiliated business arrangements." See blog: Beware: "Affiliated Business" or Illegal Kickbacks? The latest and most profitable ABA is when real estate companies funnel deals to title companies and share the profits. The first major case trying to stop this … (35 comments)
|
buyers agent: 60 Minutes: Redfin Client Saves $27,000 vs FranklyRealty.com Client Saves $152,000! - 05/15/07 04:30 PM
Last night 3 people texted me (or would that be "text me") saying "Turn on 60 minutes," yet I missed it! I then checked out YouTube. Found nothing. Then I turned to Active Rain and wholla! Members only can watch it here: 60 Minutes on RedfinAmerica was lured in by the … (15 comments)
|
buyers agent: Buy Bigger! You’re Only Borrowing It Until You Sell It! - 04/23/07 01:20 AM
So I wouldn’t be able to get away with this blog unless you had read all of my other blogs that have scared off some potential buyers from buying. So if you want, I’ll wait here until you read the others and come back…(blog) …Ok. So here is a tidbit that … (6 comments)
|
buyers agent: "Buyer's Market?" Still, No Such Thing As a "Good Deal" - 04/12/07 10:25 AM
I know some Realtors think it is their job to make their client feel all warm and fuzzy by making the buyer think that they got a "Good Deal". Kind of like how almost everyone who buys a car walks out thinking that they got a good deal! I don't believe … (8 comments)
|
buyers agent: Buyer Agent Photo Albums. Otherwise they forget! - 02/12/07 10:47 PM
Are you a buyer's agent that shows clients homes?
Are your clients' brains fried after looking at 10 homes?
Well, take your digital camera (get the Kodak v570 wide angle camera for under $200) and set your camera to the LOWEST resolution. When you are in the place start firing away like a … (20 comments)
|
buyers agent: Exclusive Buyer Agency Contracts. Don't Sign Them... Yet. - 02/12/07 04:19 PM
WHY in the WORLD WOULD A BUYER SIGN THIS?How could signing ALL YOUR RIGHTS AWAY ever help you, the buyer? Where is the "What's in it for me?" in that proposition?
First of all, what is an "Exclusive Buyer Agency Agreement"?This is a contract that a buyer is oftentimes asked to … (33 comments)
|
buyers agent: Disclosure? Home Warranty Commissions to Realtors - 01/24/07 01:35 PM
I don't want to discuss here the merits of a Home Warranty. I tend to not be a fan of them, but there is a time and place for everything. Maybe later I can discuss why I make sure the client reads the fine print on these thing. I'd like to discuss … (8 comments)
|
buyers agent: I Need A Buyer's Agent! But For My Car.? - 01/17/07 08:00 AM
So I want to buy a new car. I want a convertible Saab, used of course. Somewhere between 2004 and 2006.I have been pretty dead set on it for about 6 months now. I even have the financial means to buy it.Why won't I buy one? Just because I hate … (1 comments)
|
;)
Links;)
Tags (Tag Cloud);)
Archives
