Blog entries tagged with "buyers and sellers":


buyers and sellers: Unusual places for a lockbox - 08/18/08 10:07 PM
Years ago when showing homes to a buyer way out in the country of Pickens County, I ran into an unusual situation.  We were unable to find the lock box anywhere around the home.  If I remember correctly, we tried to reach the agent and were not successful at doing so.  … (13 comments)

buyers and sellers: A Perc Test? What's That? Who's Paying for That? An Interesting Solution. - 08/17/08 07:10 AM
If you are in a rural community or sell rural land without access to public water and power, you've had this discussion - MANY TIMES.  It's interesting to me that people who have owned their rural properties for many years don't know what this is and many buyers new to a … (7 comments)

buyers and sellers: Lease Option vs. Lease Purchase - 08/12/08 11:48 PM
Phoenix and Scottsdale area lenders are tightening their lending practices. It is increasingly more and more difficult for home buyers to get loans.
Now 100% loans, or ‘majority financing‘ is a very limited option, buyers and sellers have to be creative to get real estate transaction closed.
There are 2 strategies … (1 comments)

buyers and sellers: Mr. & Mrs. Buyer, your friend is giving you some bad advice . . . . . . - 08/10/08 10:26 AM
Mrs. Buyer, when we first met 3 weeks ago and you wanted to see a house my office has listed, you said you were not working with an agent.  You liked the house and wanted your husband to see it.  We chatted and I learned a lot about you and you … (2 comments)

buyers and sellers: ** BUYERS: Do you really want the property? Then BE NICE TO your Agents. Read to find out WHY. - 07/05/08 02:33 AM
Here is a story from an agent friend of mine. Difficult buyers are hard to work with and can be a drain on your time. If you're prospecting enough, there is alot of business out there so don't settle for less than the best you can. Consequently, you can be choosy … (6 comments)

buyers and sellers: ** Submit your final/BEST offer. Why do you have a problem with that? - 07/05/08 01:55 AM
I was representing the seller on a transaction recently. I've gotten together with the seller and since we had multiple offers on the property, I suggested to the seller to send a multiple counter offer to the offers indicating that the buyer to submit their final and best offer. Based on … (16 comments)

buyers and sellers: Who Else Would Like to Know How To Profit From Being a Dummy? - 06/29/08 08:20 PM
29-06-08-02 Home sellers and Realtors should grab a copy of ‘Home Staging for Dummies’, which is the new book on the stands. The real estate scenario is very heated up right now in both Canada and in the US where there is competition among buyers and sellers from all parts … (1 comments)

buyers and sellers: May 2008 Oahu real estate statistics - 06/07/08 03:42 PM
As numbers for another month become available, there is good information for Buyers and Sellers to take note of. The numbers of unit sales is down considerably but prices are remaining fairly stable. For sellers, this means that homes are selling and for those that are priced well, days on market … (2 comments)

buyers and sellers: ** 40% DOWN and my offer was rejected!! ** - 05/11/08 12:24 PM

I am shocked. I had submitted an offer for my client last week on an REO property and it was rejected.
My client had 40% DOWN, FICO of 780, income of 150k, DU approval letter, proof of down payment, close in 30 days. This is a VERY SOLID buyer. We … (30 comments)

buyers and sellers: Real Estate Term: Earnest Money - 05/05/08 05:49 PM
When a buyer and seller reach agreement on a home sale, the buyer typically puts a small amount of money into a trust account. This up-front deposit is more commonly known as "earnest money". A sales contract's earnest money requirement will vary from contract to contract. It can be as … (0 comments)

buyers and sellers: Freddie Mac Mortgage Rates - 04/12/08 02:39 PM
 Long Term Mortgages Drift Up While Short Term Rates Decline30-year Fixed Rate Mortgage: Averaged 5.88 percent, up from last week when it averaged 5.85 percent. Last year at this time, the 30-year FRM averaged 6.17 percent.15-year Fixed Rate Mortgage: Averaged 5.42 percent, up from last week when it averaged 5.34 percent. … (0 comments)

buyers and sellers: Buyers and Sellers: Is a Lease Option the Right Option? - 04/11/08 11:18 AM
by Mike Wiegert
“Mortgage Meltdown” or “current mortgage crisis” are terms we commonly hear these days to describe an astonishing lack of real estate financing options. 100 percent financing, stated income and loans for borrowers with marginal credit, once common two or three years ago are now a thing of the … (3 comments)

buyers and sellers: Now, what is your absorption rate?? - 03/25/08 06:00 PM
 
Ok , statistics are out. what was 8.5 months average market time in December and January, is now 6.8 months for South Seattle area East side.
The SouthWest King county WA statistics went from 6.8 months to 6.1 months on the market... Is it significant?
This week we have had several multiple offer … (0 comments)

buyers and sellers: Why Should you get an Inspection - 03/22/08 01:23 PM
 
Whether you are buying or selling a home, you should have a professional home inspection performed.
A home inspection will look at the systems that make up the building such as:
Structural elements, foundation, framing etc Plumbing systems Roofing Electrical systems Cosmetic condition, paint, siding etc  
If you are buying a home, you … (3 comments)

buyers and sellers: Training, Leads and exclusive territories.....For Bilingual Real Estate Pros. - 03/01/08 07:37 AM
Coming soon...very soon http://www.realestatelatino.com/ will be launching a new online platform where bilingual real estate agents will be able to participate. Call me if you would like to secure your territory 904-647-4420.
Agents will have in RealEstateLatino.com
Own webpageProfessional training by one of the most energetic person I knowExclusive territory (so we can … (1 comments)

buyers and sellers: It's back to basics for me!!! - 02/27/08 04:53 PM
How to thrive in a challenging market: of course, this is only limited to the ideas in ones head.. so feel free to add on to this list... I for one sometimes forget the basics.
Back to Basics
1. Identify Core competencies
a. Focus on and promote your strengths
b. Work to improve … (5 comments)

buyers and sellers: Will Boomers Tank the Real Estate Market? - 02/18/08 05:42 PM
 
 A new study by two USC researchers, Dowell Myers, a professor of urban planning and demography in USC's School of Policy, Planning and Development, and Sungho Ryu, a doctoral candidate at the school and an associate planner with the Southern California Assn. of Governments has interesting implications for the future housing … (0 comments)

buyers and sellers: Representing both buyer and seller - 02/15/08 10:29 PM
Today I spent quite a few hours with a buyer who needs a VA loan and quite a bit of seller help and it's on a listing of mine.  Realtors have to be very careful when they represent both the buyer and seller on the same transaction.  I worked diligently today … (4 comments)

buyers and sellers: So... How's the Market? - 02/05/08 10:20 AM
I am almost certain if you are reading this post, at one time or another you have asked a REALTOR this very question.
My question to you is.... Are you sure you got a truthful answer? 
Real estate markets are local.  Just because the media is saying that the real estate market … (4 comments)

buyers and sellers: Have you been thinking about selling your home ? - 02/01/08 06:17 AM
Dear Valued Homeowner,
Have you been thinking of selling your home ? Are you unsure if now is a good time ?
My name is Melissa Grant, I am a Licensed Realtor(r) in Crossville, Tennessee and I want to share with you some conditions on the market, my services as well as what … (16 comments)

buyers and sellers: ** I'll be sending over an offer to you TODAY!..... Don't you HATE that?! ** - 01/04/08 10:54 AM
 
I GOT AN OFFER!! That was what I thought BUT....it's interesting why there is always a BUT to most things. This gluteus maxi......well, never mind. I got a call from an agent two weeks ago who said she would be sending over an offer to me on a listing I have. … (11 comments)

buyers and sellers: Real Estate in Two Thousand and Eight - 01/01/08 10:22 AM
What a better way to start off the New Year with a Rhyme.  Real Estate is Great in Two Thousand and Eight!!!
It is now the time to start making good on those resolutions, if you are someone that makes them, so you don't look back to see anything but success and … (0 comments)

buyers and sellers: Closing gifts for clients - what's appropriate? - 10/27/07 06:14 AM
Do you like to give your clients a closing gift?  How about flowers?  When it's a first time home buyer I like to give them their keys with a flower lei, to congratulate them on their purchase.  It's such a BIG EVENT for them, it's nice to help them celebrate with a … (70 comments)

buyers and sellers: Internet Leads - Mixing the Perfect Drink - 10/24/07 12:33 PM
Internet Leads - Mixing the Perfect Drink            by Tim Mancuso - Director Global Sales, MyREALTY.com
There is much ado these days about Internet Leads - purchase vs. self-generate vs. PPC, and which are 'good' leads (the Glengarry leads.. ) and which are 'bad' leads..There … (3 comments)

buyers and sellers: The Deals are Booming for Realtors Selling High End Properties (in Lake Tahoe) - 10/24/07 10:42 AM
The headline reads: "High-end Home Market Exhibits Robust Sales" - does that add fuel to the camp stove fire that's keeping your business going; does that deflate your mood; does that encourage you; does that tickle your imagination; does that inspire you?  It really depends doesn't it.
Just what do we really … (4 comments)

buyers and sellers: Whose Fence is it Anyway? These Ladies Mean Business -- Episode Eight! - 10/19/07 12:30 AM
Here's one for the books (or crooks?).
Neighbor Sam wants his fence repaired by the builder because there are some cracked slats, miss-cuts, and warped pieces/slats.
Fenceman/builder says, "Okay, we'll come out and fix them."
Sam complains that they missed a number of damaged slats.
Fenceman/builder says, "Oh no, we only repair the slats that front-face … (8 comments)

buyers and sellers: For Agents, Buyers and Sellers: Wonderful New Tools to Track and Price Property - 10/11/07 12:45 PM
 
We are all familiar with the MLS as a listing mechanism and as a pricing mechanism for our market analysis. The internet is wonderful for collecting and reporting information to us almost instantly.....but not exactly with home prices.
There are new pricing mechanisms out there besides the MLS that we should know … (2 comments)

buyers and sellers: It is the best of times, it is the worst of times...for buyers - 09/29/07 10:52 PM
As everyone is claiming in most parts of the country we have what is considered a buyer's market. In a buyer's market there are more sellers than buyers giving buyers the upper hand when negotiating the purchase of a home. Many buyers or potential buyers are trying to decide whether this is the best time … (10 comments)

buyers and sellers: Karma or Fate? - 08/17/07 05:26 PM
The Wall Street Journal Online posted an article about the incentives that sellers are offering to get buyers to purchase.  Isn't it ironic that 2-3 years ago from the same media stories abound about sellers making buyers jump through hoops to purchase a property.
So it is karma or just the same … (1 comments)

buyers and sellers: Mars & Venus Buyers And Sellers - 08/16/07 08:39 AM
 Are Buyers From Mars and Sellers From Venus? No not really. But they are thinking differently when it comes to value and pricing of property.  For the first time in eons, prices are adjusting at records rates and buyers are taking notice. 
In part pre-foreclosures are responsible. In 2005 prices soared "out … (10 comments)

buyers and sellers: Illinois Median Home Prices Hold Steady | What Does That Mean for Buyers and Seller? - 08/15/07 02:39 PM
 Let's discuss the facts of the real estate market in Illinois. We have all heard over and over again about how bad the real estate market is and how the bubble has burst however, just like putting a price on your home, you have to take into consideration the specific market … (0 comments)

buyers and sellers: Sonoma County Real Estate | Buyers and Sellers - 08/13/07 10:48 PM
Buyers and Sellers
Bay Area homes continued to sell at their slowest pace in 12 years last month, led by sharp declines in many lower-cost neighborhoods. At the same time, sales tended to fare much better in higher-priced areas, which helped push the region's overall median sale price to a new peak, … (0 comments)

buyers and sellers: Tips for Buyers and Seller - 08/05/07 06:32 PM
Top 21 Home Buying and Selling Tips
Credit Before you start your home buying process, make sure you get your credit checked to save valuable time. Be RealisticEverybody wants the 54-room mansion however most of us cannot afford this. Work with your Sales Associate to see how much you can realistically afford … (0 comments)

buyers and sellers: News Updates You Can Use July 10 2007 - 07/10/07 02:05 PM
 
 Periodically, I come across news that I think is really useful or informative that I think is good enough to share with all of you. here's a few good ones!
 Where Housing Prices Are The Most Likely to Fall 
By Lauren Baier KimMost overvalued U.S. marketsAs the housing slowdown continues, which state has … (0 comments)

buyers and sellers: Negotiating for fun and profit - 06/15/07 12:12 AM
Negotiating is an art. It is also the way we make our livings. But how many really negotiate? In fact with the last few years negotiating has almost gone the way of the DoDo. So Id like to discuss, from a buyers perspective, a few ways to get your price and … (12 comments)

buyers and sellers: DO YOU KEEP THE PUBLIC INFORMED? - 04/14/07 08:04 AM
 
Keeping an "eye" on property values can be a bit challenging from a distance.
Every now and then ,wouldn't it be nice for the sellers to borrow someone's eyes and ears for an occasional update of their neighborhoods values?
That's actually what I am doing for them ,"free of charge!"
You might be wondering … (95 comments)

buyers and sellers: Consumers searching for information and advice - 04/06/07 03:27 PM
Over the last couple of months I have participated in numerous consumer forums and it has amazed me that consumers tend to ask complete strangers for advice about everything and anything.  I guess with the advent of the Internet it's very easy to ask and not feel like you are asking … (4 comments)

buyers and sellers: Housing Bubble? Yes or No? - 03/23/07 06:51 PM
A recent article in Time stated that "As of the week ending February 17th, 2007, searches for the "housing bubble" has reached a two year low, only 4.4% of the searches on the same subject that occurred during the second week of June 2005.""But while the bubbles seems not to be … (2 comments)

buyers and sellers: Melissa, the Real Estate Deputy - 03/21/07 11:13 PM
Hunterdon County Market UpdateIn the last month in Hunterdon County we have seen 301 new listings, 209 price corrections, 123 homes went under contract, 97 homes sold (closed), and 85 homes expired. The average days on market is 81 days with the higher priced homes frequently taking longer to sell. Overall … (0 comments)

buyers and sellers: Internet Real Estate - 02/24/07 11:08 AM
The WR weekly bulletin is just out and they quote some interesting stats from California relative to Internet and Real Estate.  Here are a few (from 2006 survey):
  92% of internet buyers found their agent on a web site; 63% tthrough a search engine.
  In 2000 28% said they used the … (0 comments)

buyers and sellers: Free E-books about real estate issues for buyers and sellers - 01/26/07 06:59 AM
Tami Patzer offers free E-books about real estate issues
 
Tami Patzer, Realtor, at World Properties International-InvestorsChoice Real Estate headquartered in Englewood, Fla., has just released two new publications available as E-books at her Web site www.wpirealty.com/tamipatzer.
"I am excited about these new publications," Patzer said. "They are just of many E-books and … (0 comments)

buyers and sellers: Get out there and be seen to be in the real estate agency game! - 01/08/07 11:07 AM
This morning, I met with another agent to brainstorm about our business plans for 2007... I choose to meet agents and lenders away from the office in Cleveland, usually at a local coffee shop in my market area, which is Shaker Heights and Cleveland Heights.  That way, I can be seen … (7 comments)

 
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