real estate agent: Finding An Apartment: Do I Need A Real Estate Agent? - 11/16/10 04:33 PM
A new blog from my web producer just went up about her experience with real estate agents when trying to rent an apartment.
She thinks you need one, but it might be hard finding the right one and gives the rundown of three agents she worked with and has named:
Real estate agent #1: The No-Show Real estate agent #2: All Style, No Substance Real estate agent #3: Towing the Company Line Here's an excerpt, read the full blog on thinkglink.com here: http://tiny.cc/jl56n
You're already looking for an apartment, now you have to look for an agent? Seems counterproductive, … (0 comments)
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real estate agent: Buyer's Market Can Overwhlem, Here's 8 Steps For Buying A Great House In This Market - 10/06/10 11:55 AM
Shopping for a home these days is overwhelming. There are simply too many homes from which to choose.
You make an appointment with your agent, and there are 10 to 12 homes to see, plus another 50 possibilities – and that’s after you’ve already spent hours shopping around online to get a sense of what’s available in your neighborhood of choice, and at what price point.
There’s so much housing stock available (nearly a year’s worth across the county at the current rate of sales), that you could spend months seeing and thinking about available homes for sale.
But that isn’t … (0 comments)
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real estate agent: Home Closing Costs Not Disclosed to Homebuyer, Who's To Blame - 09/01/10 04:26 PM
QUESTION: A couple purchased a home in Florida this past April. Last weekend they received a letter and an invoice from the law office that acted as the parties’ closing agent, informing them they owed additional fees due to “additional endorsements requested by the lender after the closing.”
Wouldn this be the bank's responsibility to pay, since they did not ask for all endorsements at the closing time?
A: When you closed on your purchase, your lender gave you certain government-required disclosures relating to your loan. One of these disclosures was a good faith disclosure of fees for your … (2 comments)
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real estate agent: File A Complaint Against A Realtor - 08/26/10 12:09 PM
A reader recently asked how to file a complaint with a realtor, I gave them the information, but also added a disclaimer that they should speak with other real estate professionals and make sure any bad behavior from your realtor warrants complaint.
Have an of the Active Rain Realtors out there ever had a complaint filed agianst them? What was the result? How did it affect your business?
Q: How do you make people aware of an unprofessional real estate agent? I want people to be aware of this one agent who cost us a potential sale because of her unprofessional … (2 comments)
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real estate agent: Real Estate Broker Fees and Term Must Be Negotiated Up Front - 06/09/10 12:57 PM
Before you sign with a real estate broker or salesperson to buy a home, make sure you understand the agreement and you know the fees and the term involved. If you are not committed to working with a specific broker to buy a home, don't sign an agreement to work with him or her.
Read more about these negotiations and about a question one reader had about a column I wrote about the subject that ran in the Charlotte Observer, at Thinkglink.com
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real estate agent: Real Estate Pros Meet Up With Home Buyers, Sellers and Owners at RealtyJoin - 02/09/10 05:38 PM
ActiveRain, ThinkGlink.com, Trulia, Twitter... RealtyJoin? The real estate industry seems to thrive on connectivity, and newly launched RealtyJoin is working towards changing the way real estate communication operates.
Andy Heller, an Atlanta-based real estate investor, along with partner Scott Frank, created RealtyJoin. It's a community for anyone interested in real estate: agents, investors, plumbers and electricians, stagers, and anyone who believes that the free exchange of information will increase sales.
The website has already amassed 1,000 users since its recent launch. It's free and aims to bring both sides together, in a community that provides tools to get people talking to … (0 comments)
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real estate agent: Customer Service Will Be Key In Real Living, GMAC Merger - 11/11/09 04:42 PM
Today's housing market is continually being stretched to match buyers and sellers, adapt to the frequently changing tax credits and mortgage regulations, and cope with falling home values. The role of the real estate agent is always one of service, but can be put to even more of a test in a flagging market. Real Living and GMAC hope to step to the forefront of the real estate market with a merger that aims to provide high levels of customer service to a female target audience.
Kaira Sturdivant Rouda, the founder of Real Living, says the merger with GMAC Real Estate … (4 comments)
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real estate agent: What Questions Do Buyers Need To Ask When Looking At A New Development? - 09/08/09 04:25 PM
Q: We’ve been looking at a new townhouse development and we keep going back, so I think my wife really likes it. The community we’re interested in is new community and not fully developed yet.
What do I need to know about this kind of property and what resources are there to help us be prepared home buyers if we decide to buy?
A: The questions you need to answer centers on what the new home property’s actual value is, whether the appraiser can prove their value to a lender and whether the new development that currently exists is sufficiently … (5 comments)
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real estate agent: How To Get Out Of A Contract Using The Buyer Broker Agreement - 08/10/09 03:06 PM
Under your buyer broker agreement you may be able to get out of a contract if your buyers agent shows a conflict of interest.
A buyer was interested in a house, until she discovered that her real estate agent also owned the property. The buyer felt uncomfortable dealing with the agent and the owner, and wants to get out of the contract. With this conflict of interest, the buyer may be able to get out of the buyer broker agreement or get a different agent from the real estate company.
You do not have to purchase the broker's own home … (0 comments)
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real estate agent: When Should You Try "For Sale By Owner"? - 03/31/09 05:46 PM
What kind of seller should try to sell their home without an agent?Greg Healy, VP of Operations at ForSaleByOwner.com answers this and other questions in one of my latest videos from Expert Real Estate Tips.
Listing a home as "for sale by owner" can be difficult, but it might be worth the 6 percent commission you could save.
Sellers will need to have the time to be able to show their homes and schedule appointments, and Internet access is a must. Watch this Expert Real Estate Tips video for more help with making the decision to sell your home without … (2 comments)
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real estate agent: Do Real Estate Investors Make Bad Brokers? - 03/31/09 05:24 PM
Many real estate brokers also dabble in real estate investing. Investing in real estate themselves could help your broker understand the market and the real estate process. Some brokers that invest in real estate might take advantage of their clients, but not all.
Question: My real estate broker buys a lot of properties. My brother-in-law says that's a bad sign because he may be taking advantage of sellers.
I did become a little concerned last week when the broker recently suggested that I should lower my price if I want to sell. What do you think? Should I find another broker?
… (1 comments)
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real estate agent: Contracts Should State What Appliances Come With Home Buying - 03/30/09 01:26 PM
When you're buying a home you decide you want to include certain appliances in your home purchase. To ensure that you get the appliances you want they should be listed in your home buying contract. If the appliances, such as a pellet stove, aren't listed in the contract, the seller may be able to remove them before giving you, the buyer, possession of the home.
Question: When we made the offer on a house, it had a new pellet stove. The sellers said that they were taking it with them. We said that it is attached and that we wanted it. … (1 comments)
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real estate agent: Real Estate Agent Grants Home Buyer Access Too Soon - 03/21/09 01:35 PM
Summary: What can you do if you're selling a home and the buyer moves in before closing, on the advice of the real estate agent? At a minimum, you can file a complaint against the real estate agent with the licensing board and the managing broker of the real estate firm. You should also look at the home sale contract and whether it discusses when the buyer can move in.
Q: My listing agent allowed the buyer to move into my house before the closing without my knowledge or consent. I found out because I went there to meet a paper … (2 comments)
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real estate agent: For Sale By Owner: Listing in MLS Without an Agent - 03/15/09 10:53 PM
A home seller is selling by owner but having trouble listing the home in the local multiple listing service (MLS). Several for sale by owner companies provide the option to be included in multiple listing services.
Question: We’re interested in selling our home without an agent, but are willing to cooperate with an agent if he or she brings the buyer.
I have researched several companies that offer listings on Realtor.com and in the local multiple listing service (MLS). Their web advertisements indicate they offer the services I want, but when I’ve visited these companies in person, they say I have … (0 comments)
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real estate agent: Home Inspection Problems May Lead To Seller Disclosure Lawsuit - 02/28/09 01:39 PM
When you're buying a home you should have at least one home inspection that includes a look at the septic system. What's found during that home inspection depends on the caliber of the home inspector you hire.
If you discover problems with your septic system after the home inspection and after you've taken possession of the home, it may be a case of inadequate seller disclosure and you may be able to sue the seller for not telling you about the septic system problems.
It happened to one of my readers...
Question: Two years ago, I bought a home to remodel … (2 comments)
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real estate agent: What Real Estate Agents Should Do Before Listing A House (With Video!) - 02/04/09 01:55 PM
What should an agent do before listing your house? They should make multiple visits to the house and create a market analysis. Good agents will give tips on how to improve the marketability and enhance the house for sale. Real estate agents should discuss the location, condition and give other tips and recommendations. Watch this Expert Real Estate segment for more information on what real estate agents should do to prepare a house for sale.
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real estate agent: Real Estate Agent: How to Complain about One - 11/26/08 10:23 AM
Summary: Who should a home buyer or seller contact to file a complaint about a real estate agent or broker? It depends on where the home buyer or seller lives. Most states have a state agency that regulates real estate agents and brokers. You can also complain to the Better Business Bureau (BBB) or contact your state attorney general's office. Also, the National Association of Realtors has an ethics board that you could contact to complain about a real estate agent or broker.
Q: Please help me. I do not know where else to go. I have had a very bad … (0 comments)
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real estate agent: Dual Agency and Getting the Best Price with a Buyers' Agent - 11/06/08 06:24 PM
Home buyers wonder if their buyers' agent will try to get them the best price? They're concerned that since the buyer's agent gets a piece of the commission, they may not negotiate a tough deal. This Expert Real Estate Tips video discusses the issue:
A real estate agent typically represents either the buyer or the seller. But if a listing agent brings the buyer to the table, that real estate agent is now a dual agent. What is dual agency? How can you protect yourself if you find yourself working in a dual agency situation. Check out this new ExpertRealEstateTips … (7 comments)
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real estate agent: Real Estate Contract: Who Makes the Offer? - 09/11/08 11:22 AM
Q: Our real estate agent informed us that she has a buyer for our home at the full asking price. There is a stipulation that we must offer the house at the asking price to the buyer, not the other way around. Do you know anything about this practice and why it is used?
A: I think this sounds very curious. Is it possible that you have misunderstood the agent? Or, does this strange turn of events have to do with her representing both sides of the transaction?
Generally a buyer comes to a home, sees a home and decides to … (0 comments)
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real estate agent: Ask and Ye Shall Receive: Sellers who haggle over commission rates pay less. - 09/02/08 01:51 PM
Want to pay less commission to the agent who sells your house? Apparently, all you have to do is ask.
According to a new survey from Consumer Reports (September 2008), many real estate brokers are willing to negotiate their commission rates with sellers who try to haggle.
Consumer Reports found that 46 percent of sellers surveyed had attempted to negotiate a lower commission rate with the agent they hired to sell their home. Roughly 71 percent of those who tried succeeded.
Those who didn't haggle were more likely to develop a bad case of seller's remorse, and nearly a third said … (2 comments)
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