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60 Seconds in Real Estate, Cary NC: Open Houses! - 06/30/11 10:43 PM
Open Houses, in 60 Seconds Open House? Sure! Cary listing agents often differ strongly on whether Open Houses "work." Well, I say, Open Houses don't work. Listing Agents work, and using an Open House as one means to market a property to buyers and buyers agents can be very productive. It sure is better than not trying. My pitch, in 60 Seconds in Real Estate:
60 Seconds in Real Estate, Cary NC: Comparables, Competition, and Compelling Pricing - 06/27/11 10:11 AM
Comps, Competition, and Compelling Pricing Comps, Competition, and Compelling Pricing Everyone wants to see "Comps," comparable closed sales when fixing a price for a new listing. I agree. We have to begin with the end in mind, and the "End in Mind" is a closed sale. A contract price MUST be supported by market activity, specifically recent, comparable sales that have closed. However, a smart seller and smart listing agent will also consider "Competition." And that will include properties outside the specific neighborhood where the home to be listed for sale is located. See, while the neighborhood activity must support the sales price for appraisal purposes, Buyers (2 comments)
60 Seconds in Real Estate, Cary NC: Money in the Vault, and it is ON SALE! - 06/20/11 09:57 PM
I grabbed my friend and mortgage money mentor, Kevin Martini of SunTrust Mortgage, and asked him a few rapid-fire questions in the Cary NC, KELLER WILLIAMS® real estate office the other day. Kevin is a favorite of local Buyers agents and listing agents, because he delivers. Kevin tells me that he has a huge variety of affordable home loan programs to help folks buy, and, of course, he is tickled with current interest rates he can offer.
Note: This is a special "Extended Play, Director's Cut" version of 60 Seconds in Real Estate, Cary NC. Bonus Features take it to (8 comments)
REBLOG of Bill Travis: NOTHING IS NEGOTIABLE ANYMORE - 06/18/11 09:00 PM
Captain Bill Travis does a great job of dissecting the arrogance and incompetence of the Lords of REO. It is unfortunate that REALTORS® rush to line up to serve them. We chip away at the integrity of our MLSs when we allow imperious asset managers to tell us how they will work with us and with the public. It is truly great to work in a market where resales and new construction still offer good competition to asset managers. . . . ___________________________________________________________________________________ . . Via Bill Travis, Broker/Owner (Captain Bill Realty, LLC): NOTHING IS NEGOTIABLE ANYMORE Banks have developed the policy (6 comments)
REBLOG OF PATRICIA KENNEDY: "Taking" Photos for Your Posts - 06/18/11 10:04 AM
The use of a camera, rather than GOOG Search, to provide images for a blog is preferable, I think. It just isn't that difficult to upload photos and embed them into a blog post, website, etc. Good post by Patricia Kennedy: . . ___________________________________________________________________ Via Patricia Kennedy (Evers & Company Realtors): This week, Judi Barrett wrote two posts about some terrific sites where you can find photos for your blog posts. These sites have free photos that you can use for commercial purposes, and some don't even require that you give the photographer credit. And many of them are really amazingly great. (2 comments)
60 Seconds in Real Estate, Cary NC: One to Buy, Two to Sell - 06/17/11 06:54 AM
60 Seconds in Real Estate, Cary NC One to Buy, Two to Sell Often conversation with homesellers can become awkward when the topic of marriage arises, as in, "Have you been married at any time while you have owned this home?" When I am talking to ONE Seller, things can become quickly complicated when they say something like, "Yes, but we are separated/divorced." Or, "I owned the house before we were married, and he/she didn't help pay for it. He/she has nothing to say about the sale." Well.... It depends. In North Carolina, we are a "One to buy, Two (8 comments)
60 Seconds in Real Estate, Cary NC: You CAN sell a home in this market! - 06/13/11 12:42 PM
60 Seconds in Real Estate Selling a Home in Cary NC When you hear someone say, "Nothing is selling in this market. No one is buying homes," they are mistaken. Yes, you CAN sell a home in Cary, under the current economic circumstances. How? Price it right. Present it well. Clean. Decluttered. Staged. Repaired. Fresh! Promote it. Don't keep it a secret that your home is for sale. This is where a great listing agent, with excellent marketing skills comes in. My thoughts in 60 Seconds in Real Estate, Cary NC version:
7% Cobroke? A little test for the NC Buyers Agent? - 06/08/11 06:32 PM
What's behind Door Number 2? Big Commission! Huge Inducement? I just got the email telling me that I can score a nice 7% commission at a new home community. I guess that means I should reschedule all appointments, kidnap a customer or two, and run by there tomorrow? This is why we encourage Buyer Agency Agreements in North Carolina. When we do, the client enjoys some protection from being dragged out to see homes just because they represent a bonanza for their fiduciary, the Buyer's Agent. We have to disclose, in a timely manner, whether the compensation offered to the agent is more than what was projected (13 comments)
60 Seconds in Real Estate, Cary NC: NC Association of REALTORS® Buyers Agency Agreement - 06/08/11 08:49 AM
Buyers Agency Agreement Buyers Agency Agreements? Do you need one in North Carolina? Yes, if you are going to work with a REALTOR® or licensed agent to represent you. It is the law. An agent cannot represent you in a real estate transaction without a written agreement. The North Carolina Association of REALTORS® provides members with a form that describes the relationship and establishes expectations for the parties. Absent a formal agreement, the default assumption is that the agent is working for the Seller, not for the Buyer. The Buyer agency agreement serves a valuable purpose for the Buyer. The Buyer becomes (10 comments)
View Larger MapDriving Directions 5:30--7:30 PM Finger Food Tasty beverages Tour of the new office suites And the chance to support a great cause, by buying a ticket and chance to win a shiny new IPad2 in a drawing during the event. If you are within striking distance of Kildaire Farm Road Thursday evening, stop in. Say "Hi." Visit a while. We'd be glad to see you!
GOOG drop-kicking old browsers, will not support IE7 - 06/06/11 12:17 AM
GOOG DUMPS IE7 How Timely! I just updated to Internet Explorer 9 tonight, since TMLS notified me today that TEMPO 5 and CoreLogic/MarketLinks fell into line and supported it. And then I saw this article that GOOG is going to dump support for older browsers like IE7. And I know people who are using IE7 because IE8 is still just too new and untested. And a great deal of the less-developed world is still using IE6. Go GOOG. Sell Chrome to them.... And, "select/copy/paste" is dysfunctional on ActiveRain. More worriesome than AR kerfuffles is that my IDX vender, IDXBroker doesn't yet support (16 comments)
Folks in Cary now may access a great 97% Home Loan: Martini's Affordable Program: MAP - 06/05/11 11:24 PM
Kevin Martini's MAP Program My Main Mortgage Money Maven, Mr. Martini, of SunTrust Mortgage, is possessed of an active brain. Always working the gray matter. Always looking for another opportunity to serve the client, and to help make dreams come true. We are fortunate to have him hanging out a SunTrust Mortgage shingle in the Cary Market Center. Clients who work with Kevin always tell me what a great experience he offers, professional, enthusiastic, and thorough. Kevin can be a real estate professor and teach about the topic, or just be a grind and get it done, whichever is required at the (2 comments)
The requirements and responsibilities are fairly simple:1. Sellers, don't fib. (Always a good rule, methinks.)2. Buyers, do your own proper due diligence. Investigate and confirm the Seller's disclosure, as well as all other possible issues.
New construction home sellers, foreclosure home sellers, lease/option home sellers, and a few other excepted transaction sellers are not required to use the disclosure form.
Have you ever seen a happier attorney? He cannot possibly buy advertising at any price that will take him farther than this little episode. And, if you are a BOA customer, how do you like the specter of computers(hard drives,personal data) being among the assets potentially carried out to be sold to pay off a debt? It only took the bank apparatus an hour or so to figure out that they could pay the judgement. I wonder if the check was robo-signed? (10 comments)
Would you turn a client over to "Hoarders?" - 06/03/11 09:56 PM
"Hoarders, anyone?" This came into my mailbox today. Sort of made my skin crawl. "Hoarders" is a program that exploits people, many with some serious psychological issues, for entertainment and laughs. So, would you pucker up and offer up a client to "Hoarders?" "Dear Realtor: Discovery Studios is currently looking for participants for TLC's Hoarding: Buried Alive and has asked us to reach out to Realtors because you see so many homes and clients all around the country. If you have a client who is struggling with hoarding and is facing unfortunate circumstances such as fines, financial and/or marital distress (31 comments)
60 Seconds in Real Estate, Cary NC - 06/01/11 11:07 PM
60 Seconds in Real Estate I was long overdue to kick off my YouTube Channel, and to work on optimizing it. So, last week I decided to dive into video blogging about real estate in Cary NC, and named my YouTube Channel "60 Seconds in Real Estate." That name relates to my belief that most videos are painfully too long. Doing multiple takes to get to 60 seconds, or as close as possible is time-consuming. And my video editing software crapped out on Windows 7 64 bit. So, I intend to be in the 1 minute neighborhood. Preferably LESS (20 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.