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sellers: Building a Real Estate Business and "Social Media" - A Yes or No? - 11/12/09 09:26 AM
This is an interesting article on the value of social networking sites like Facebook, Twitter, etc. in developing and building a stronger real estate business. Here's the author's, Mike Parker's, opinion:
Social media is a sinkhole that absorbs time, effort, and money that could be better spent on finding listings and selling houses. Social media is the new blogging. It too will peak, then decline, with one very large exception: affinity group business communication.
Mr. Parker says a strong Internet presence is necessary to attract buyers and sellers. I absolutely agree. According to the National Association of Realtors' ("NAR") Profile of Home Buyers and Sellers (2008), … (0 comments)
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sellers: Real Estate and Dual Agency Issues - AGAIN! - 04/27/09 11:17 AM
People who read my blog know how I feel about dual agency. To define it yet again, dual agency is when one single real estate agent represents both the buyer and the seller in a real estate transactions.
As a general rule, I think dual agency is a joke, it shouldn't be legal, and the statutes and rules should be changed to absolutely prohibit dual agency in any real estate transaction, residential or commercial. However, I appear to be in the clear minority in the real estate agent community, and the Virginia Association of Realtors ("VAR") is a pretty powerful lobby. So I suspect … (8 comments)
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sellers: The Right Way to Dump Your Realtor - A Personal Story - 01/11/09 05:45 PM
Well, I listed this a blog topic to come in my most recent posting. While the outcome for me wasn't what I had hoped, I think it's a good road map for the "dos" and "don'ts" of dumping your real estate agent.
Background is as follows: A year or so ago, I was approached by a friend to list his home. Single professional guy with the standard single guy decor - giant TV, lots of electronics, not so much fluffy, pretty stuff. It's a really nice house, and all the "hard stuff" - roof, electrical, etc. - was either done or … (2 comments)
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sellers: Dual Agency Is a Crock OR Why You Should Beware If Your Realtor Represents Both Sides - 10/10/08 01:05 PM
I've alluded in several posts to my disdain for dual agency, and the agents who practice it. First, let me define dual agency as practiced in real estate. This is the practice whereby a single agent represents both the buyer and seller as clients in a sales transaction. If done "properly," the agent has disclosed the situation to both parties, and received the informed, usually written, consent of both parties to act as a "dual agent."
Why do I disdain the practice so much, which is, by the way, still legal in Virginia? See Va. Code Sec. 54.1-2139. I am a lawyer by training and … (0 comments)
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Melissa Loughridge Savenko
Richmond,
VA
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RE/MAX Commonwealth
Address: 509-511 N. Meadow Street, Richmond, VA, 23220
Office Phone: (804) 353-4455
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