property: Do you have to submit all offers? - 06/05/07 12:17 PM
Recently I was talking with a few of my co-workers about making offers on properties. One of them, RB, spoke up and said that he made an offer on a property for his buyer client. The offer was considerably less than asking price.
The property is a nice home listed at over $300,000. The listing agent was very upset with RB, highly emotional, and said that the offer was an embarrassment to both her and her sellers. RB told her that this was not a personal matter, but rather a business decision made by his buyer client.
As their conversation progressed, the listing agent … (20 comments)

property: Two NC Cities Named in Forbes 10 Least Overpriced Markets - 05/16/07 12:36 PM
Two NC Cities Named in Forbes 10 Least Overpriced Markets 
Forbes magazine has calculated what it considers the most overpriced U.S. housing markets by estimating a price-to-earnings ratio for each of the 40 largest metro areas. The magazine aslo calculated an affordability score based on how many residents pulling down a median income could afford to buy a property. Charlotte ranked No.1 in the nation as the least overpriced market, and Raleigh came in close behind at No. 3.
*Info provided by the NC Association of Realtors 
 
 
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property: Please take pictures of your listings! - 04/24/07 07:23 AM
Today a potential buyer client called me and wanted to know the size of a bonus room for a particular property. I immediately contacted the listing agent and asked for the information. She was very nice and polite and said that she did not have the information in front of her at the moment but would call me back shortly. In the meantime, I had looked for the listing in MLS. Once I found the listing I noticed there were no pictures of the property. Soon she called me back and gave me the size of the bonus room. I asked … (9 comments)