Well, this week there were so many really great posts here in the rain by some of my fave bloggers as well as some newbie bloggers that I’ve recently come across. First and foremost, I just want to give a shout out to my fellow rainers for their gold star features that I was happy to "call the shot" on them.
I Kicked A Client and I Liked It! by Debra Walsh
I've Been Fired! Boy Am I Relieved! By newbie blogger, Scotti Jowers
Is It A Law Or A Lender Policy? by Nathan Tutas
Is it Your Fault if Your Listing Doesn't Sell? by Jennifer Allen-Hagedorn
Who's Your Dadddy, Hambone? by Elizabeth Weintraub
So does Success Breed Jealousy- oh Yeah! by Ginny Gorman
These were excellent posts that had some really great comments, which is one of the best things I love about great posts. With some posts, the comments can actually be better than the post. Check them out. Then there were some other equally great posts that I suggested but that the AR Gods must have missed this week when they were bestowing those little gold stars.
First there was Connie Goodrich with her post, Why Do I Owe You a Referral Fee?. I really enjoyed this post because I have always thought that the whole relo referral fee is such a crock. Connie confirmed that for me. I love the way Connie handled her most recent relo referral fee hijacking.
It's just atrocious the way so many of these relo companies buIly Realtors and simply rob them of their commissions. I hear from my Realtor friends how hard they've worked to establish a relationship with a client and then all of a sudden some relo company swoops in and steals nearly half their commisssion. Check out how Connie handled her latest experience.
Then there was Seriously? Do you really think your tantrum is going to get somewhere with me?? by Anna Banana. Anna relays a recent scenario between her and a renters agent over one of rental listings. It certainly got me to thinking.
This prospective tenant was so demanding and unreasonable from the get-go, that Anna finally sent her and her agent packing. The whole time I was reading her post, it reminded me of so many stories I have heard from my own borrowers and Realtor friends about sellers and their agents.
Seems demanding and unreasonable behavior can go both ways and why a lot of buyers end up not walking but running away from a transaction. If sellers and their agents act like that from the get-go, can you imagine what they'd be like to be in escrow with? Check it out.
Next was Brian Worrell and his post, Paying for the Buyer's Closing Costs. Brian blogs about sellers who just morally object to having to pay the buyer's closing costs. What Brian explains is that it shouldn't really matter as long as the seller nets what they want. It reminded me of a post JPhilip Faranda blogged about recently on the same concept - the sellers net!
If a seller has a particular net based on the list price, then what difference does it make if the buyer adds an amount in addition to the sales price in order to simply ask for a seller credit? If the seller is still getting the same net, so what if the credit is for the buyers closing costs? Personally, sellers are making big deal out of nothing when they refuse higher offers with a seller credit over offers that net them the same as a lower offer with no credits.
Then there was by Elizabeth Weintraub with her post, Underwater Homeowners and Short Sale Sellers: Beware of Bank of America and Titanium Agents. This is an absolutely vital post for any Realtor/agent who lists short sales to read. Elizabeth managed to get a copy of a letter from a real estate company that has apparently aligned itself with BofA. Although the letter isn't from BofA (although probably endorsed by BofA), it does clearly outline BofA's alliance with this real estate company and BofA short sales.
Once again, if you list short sales, then undoubtedly some are BofA short sales and in order for you to be able to advise your clients, you need to know what these folks are being told about short selling their homes from this real estate company that has partnered up with BofA.
Lastly, there was Agents Disclose, Not Diagnose by Michael Jacobs. Micheal brings up that never ending argument of disclosure. I like Michael and although I've never worked on a transaction with him (he's an LA county Realtor), I wouldn't hesitate to refer him because I like the way he works.
There are so many Realtors/agents here in LA county that have no qualms about being deceptive and less than honest with buyers and their agents and the true nature and condition of their listing. Because of that, it's so nice to read about a Realtor who doesn't operate that way. I wish more Realtors/agents worked that way. Anyway, check out Michael's post about how he handles seller TDS forms as well as revisions and amendments.
As always, I love "calling the shots”. I’m pretty picky and selective about whom I suggest. I intentionally highlight my fave bloggers and then I look for new bloggers or bloggers that aren’t on the feature board every other day. Anyone can suggest all the popular bloggers but finding the hidden treasures and gems is so much better. I hope you check them out and enjoy them as much as I did.
Comments (60)Subscribe to CommentsComment