David Saks

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Education & Training - (retired) - TN LIC# 290452
David Saks is a musician, retired real estate broker, and long-time ActiveRain member. David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet. Please join. Membership in ActiveRain will enrich your life !

ARCHIVED BLOG POSTS

2008 

                                       With banks collapsing, corrupt government, foreclosures in the hundreds of thousands, corporate executives hauled off to prison and bankruptcies by the millions I thought we could use a nice message from the Great Schnozzola. Seems the government refuses to ...
07/13/2008
                                                 Do you get those stupid '5% cash back at the pump' offers ? Isn't it insulting ? Fuel is already being pirated. Our colleagues are having the rear end of their trousers ripped out because of the cost of gas. So what difference does it make whether ...
07/12/2008
                                      Do the math. Financing was once a bargain.  Cheap money was everywhere when home prices were high. The joke was that if your FICO score was -50, if you were a day out of bankruptcy, 12 hours out of foreclosure, you could still buy a house. Home prices are plu...
07/07/2008
                                    Do you wonder why every time you turn around the national, local or state board is mandating or hawking some 3, 4, 6, 8, 12 hour or more continuing education class? Some classes free, some costing hundreds or thousands of dollars? If we weren't required to belo...
07/07/2008
                                              I've put together a short list of what I consider benefits to the agent when taking a listing. If you can think of others jump right in. 1. You've got lots of other people working for you. Every time someone shows the listing, the showing agent and th...
07/05/2008
                                           When you accept a listing your building your inventory, the expansion of your sales portfolio, the volume of which may be considered a condition of success. If your inventory is a small one the possibility for lower commission is there due to a combinati...
07/05/2008
                                                  What constitutes a great listing, a good listing, a mediocre listing, a lousy listing? Is the routine of listing a house decent enough for you to cope with ? Are you just looking for volume sales ? When an agent takes a listing there should be som...
07/02/2008
9 Comments
                                               I've got a few questions for you. 1. What was the percentage of listings that you sold last year ? 2. What was the average price of the home you sold last year ? 3. What was the average discount offered the buyer ? 4. What was the average number of d...
07/02/2008
                                             A comment on an earlier blog suggested that one should, "...investigate, do...due diligence, and interview" prior to selecting an agent. But what about a cornucopia of great content, great testimonials from associates, blog content which manifests the ...
07/01/2008
Did somebody make a mistake? Is the flood gate wide open for bad real estate deals? The FHA 90-day waiting period, created in 2003 to prevent predatory lending and house flipping, has been given a reprieve on the heels of the worst housing crises since Moses and the Hebrews had to flee Egypt, wa...
07/01/2008
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David Saks

May God Bless You, Always. David
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