naeba: Buyer Representation - Seller Representaton. Equal treatment is not FAIR. - 07/28/09 11:56 AM
When I am 'fair' to a seller that means I won't cheat them. I will also treat them with respect. That does NOT mean I will treat them equally. In fact I will NOT treat them equally. I will use every legal means I have to gain an advantage for … (1 comments)
|
naeba: Market State July 14, 2009 (Mercer County NJ) - 07/14/09 07:20 AM
Trend MLS shows the following ( on July 14,2009) for Mercer County, New Jersey.
Homes for sale: 2447
Single detached homes for sale: 1486
Homes under contract: 588
Homes for sale categorized as needing "TLC": 120 (You can bet there are another hundred needing TLC and you won't know till you … (0 comments)
|
naeba: Market Stats 07-03-2009 Cherry Hill NJ - 07/03/09 04:38 PM
TrendMLS shows the following ( on July 3,2009) for Cherry Hill, New Jersey.
Homes for sale: 667
Single detached homes for sale: 496
Homes under contract: 107
Homes for sale categorized as needing "TLC": 24 (You can bet there are another hundred needing TLC and you won't know till you get … (2 comments)
|
naeba: Today's market stats - Cherry Hill NJ - 07/02/09 07:19 AM
TrendMLS shows the following ( on July 2,2009) for Cherry Hill, New Jersey.
Homes for sale: 667
Single detached homes for sale: 499
Homes under contract: 98
Homes for sale categorized as needing "TLC": 25 (You can bet there are another hundred needing TLC and you won't know till you get … (0 comments)
|
naeba: Deceptive Advertising in Real Estate - Avoid the BS (Bait and Switch) with NAEBA - 06/30/09 11:02 AM
Deceptive Advertising in Real Estate - Avoid the BS - Bait and Switch
I have no problem with agents saying they are a buyer's agent - if they are and will be. When it comes to advertising ones self as a buyer's agent, though, it is unethical to do it without … (0 comments)
|
naeba: South Jersey: In the MLS: Days on Market vs Property Marketing Period - 06/06/09 08:20 AM
What you should know:
What your agent knows = What you should know.
Days on Market: May not be an accurate representation of the length of time a property has been on the market because this number only refers to the days on market for one listing of a property. Multiple … (2 comments)
|
naeba: New Jersey Home Buyers: When Asked to "Consent to Dual Agency" - Just say no. - 05/31/09 10:39 PM
Given the number of Realtors misleading the public with websites proclaiming that they are "Buyer's Agents" or will represent buyers as a "Buyer's Agent" I've decided to dwell on this subject a bit more.
5 Questions a home buyer should ask when interviewing to find an agent to represent them:
How … (4 comments)
|
naeba: Real "Buyer's Agents" NEVER ask buyers to sign a "Consent to Dual Agency" agreement. - 05/25/09 08:02 AM
I got a referral the other day from NAEBA. The potential buyer, I found out later, had signed an "Exclusive Buyer Agent" agreement with an agent of one of the large franchise companies. She actually KNEW that the agent was not an Exclusive Buyer Agent and that all the contract meant … (8 comments)
|
naeba: I'm an Exclusive Buyer's Agent: My business model wasn't chosen to maximize my income. - 03/29/09 09:25 PM
To many in the real estate industry my chosen way of operating my real estate brokerage business makes no sense - at least financially. Consumers that buy homes understand and embrace it -eventually-but don't realize the financial sacrifice that comes with the territory.
Comments from agents:
"You are … (4 comments)
|
naeba: Home Buyers should REQUIRE a written contract with their agent - 03/22/09 10:35 AM
With 2 exceptions (that I am aware of) , no New Jersey real estate company can guarantee you that they will, in all cases, work as a true buyer's agent and not become a dual agent. The 2 exceptions are the 2 companies in NJ that do not list … (0 comments)
|
naeba: Buyer agents should be able (and willing) to spot obvious defects in homes. - 03/13/09 07:36 AM
Glen Fisher, an excellent home inspector I know, recently made a blog post on Active Rain indicating that if agents are to call themselves buyer agents they should know something about home contruction and be able to identify obvious defects. The vast majority of Realtors that commented blasted his stand … (11 comments)
|
naeba: From renter to first time buyer in todays South Jersey market. - 03/01/09 11:50 AM
… (0 comments)
|
naeba: Do you advertise as a 'Buyer's Agent'? Are you misleading consumers? - 02/25/09 11:21 AM
I see it every day in advertising across the country. Agents advertise their expertise as buyer agents. They tell how great their services are. They tell how great the services of their 'team of buyer agents' is.
They work across the country for large franchise companies and small independents.
Much of … (4 comments)
|
naeba: Time to rip the listing agent and selling agent commissions apart - 02/18/09 06:15 PM
Inman is currently running a series on: "Perspective: Revamping real estate commissions"
Many of the articles are insightful but all of the ones I have seen miss a major factor in the tight hold the 'traditional' system (listing agent and seller listing agreement providing for an 'offer' of compensation to the … (4 comments)
|
naeba: Homebuyer orientation. (South Jersey, NJ edition) - 02/13/09 04:30 PM
Buyer and Agent: do they relate? Are they on the same page? Are you (the buyer) ready to tour homes?
Identify yourself to your agent: Your agent should have your name, phone number, email address, and home address (at minimum).
Be prepared: Expect to provide a prequalification letter from a … (3 comments)
|
naeba: What should you tell your agent? - 02/13/09 09:12 AM
Unless you have something in writing from 'your' agent promising that their company will not engage in dual agency you would do well to keep looking for an agent.
Even if they say they will work with you as a buyer's agent, DO NOT TELL THE AGENT ANYTHING THAT YOU WOULD … (0 comments)
|
naeba: Rebates: Why I think they are anti-consumer - in spite of the DOJ and FTC - 02/08/09 01:39 PM
Everyone wants a deal and a rebate seems a good way to get one, but is it? I don't think so though my state, New Jersey, very well may join the rebate band wagon.
I believe rebates distort the market and allow producers (of products, services, etc) to charge different … (0 comments)
|
naeba: Down the road. More storm clouds or a light at the end of the tunnel? - 02/04/09 04:24 PM
I've heard the verdict of so many who gaze into their crystal ball I'm about ready to tune it all out. Are we near the 'bottom'? Should I buy now? Should I wait a year? Two years? I wish I knew any of the answers but I don't know.
… (0 comments)
|
naeba: When they walk through the door they just 'know'. Or not. - 01/19/09 06:31 PM
I recently read an agent's blog post that said she tells buyers that they will know if it is the house for them the moment they step through the door. There is no doubt that buyers sometimes really do "know". When they get that "I love it feeling" should the agent … (3 comments)
|
naeba: Prospective home buyers should provide ID to the agents who take them to homes. - 01/18/09 08:38 AM
For those that will work without a preapproval (at least for a first showing) I hope they make some effort to identify the person. A copy of a photo ID would be best, but if you want to be unobtrusive making a note of the license of the car they … (4 comments)
|
;)
;)
