buyers agent: The Clients I Enjoy Working With
- 04/05/08 04:44 PM
I prefer to work with people I like and who like me. I will gladly turn away a prospective client who is unreasonable, rude, stressful or condescending. Likewise, I wouldn't expect anyone to work with me if I treated them that way.
A good agent focuses on your concerns and needs and will find ways to meet them. You should feel welcome, and relaxed, but in control and empowered. You should be given the information you need to make an informed decision and YOU should be the person in charge, making the actual decisions.
I really enjoy working for Buyers Only … (6 comments)
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buyers agent: Salt Lake Real Estate Market Musings - 1st Quarter 2008
- 03/28/08 04:58 PM
It will be interesting to see if the slowdown during the Fall (which causes numbers in the Winter to be lower) was as dramatic as it seemed.
I'm curious if Spring and Summer might actually do very well due to many hesitant and fence-sitting Buyers who are now confidently purchasing homes again.
If this is true, it could lead to inflated numbers over the Spring and Summer and as the pool of Buyers slows again to what would be a more "normal" rate in the Fall and Winter, those numbers could look bad next year, where in reality they would only appear to … (3 comments)
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buyers agent: Salt Lake Real Estate Market Update - Days on Market
- 03/28/08 04:54 PM
As you can see from the graph below which analyzes the average number of days on the market it took for a listed home to sell, you can see that this is one statistic that has actually followed a pretty smooth pattern over the past 6 months.
Days on the market peaked in February at just over 60 days and then appears to have fallen slightly in March. This is all good news. Nationally, 60 days on the market is a really good figure.
I suspect that this number will slightly improve over the next few months as Spring and Summer historically do MUCH … (1 comments)
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buyers agent: Salt Lake Market Update - 1st Quarter 2008 #1
- 03/28/08 04:38 PM
Take a look at this graph that shows Average List Prices and Average SOLD Prices in Salt Lake County over the past 6 months and tell me you don't see the same thing that I do:
Salt Lake appears to have gone through a minor slump during 4th quarter 2007 and the beginning of 1st quarter 2008. Things appear to be almost exactly where they were 6 months ago.
It would appear that the real estate market in Salt Lake County has handled the necessary correction well and will go back to a small but sustainable appreciation rate.
The GOOD part in all of this … (3 comments)
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buyers agent: Get an Agent on your side when buying
- 02/23/08 03:55 PM
If you are thinking about buying a home in the Salt Lake area, make sure you get an agent on YOUR side.
Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Areas. We do not list any homes. We never represent Sellers. We work for BUYERS ONLY on the Buyer's side of the transaction.
We work to get BUYERS the Best Price and Terms when they Buy...
We're "Real Estate Agents who Represent the Home Buyer" TM
If you have excellent credit and are thinking about buying a $250,000-$500,000 home in the Salt Lake area in the next 30-60 days, call us … (0 comments)
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buyers agent: Ummel Case - National Association of Exclusive Buyer Agents Statement
- 02/09/08 04:46 PM
Being an Exclusive Buyer's Agent and a member of the National Association of Exclusive Buyer Agents (Disclosure: I'm also on the Board of Directors), I was excited to see the following article on FoxBusiness.com:
Buyer Agent Organization Comments on Ummel Home Buying Case
The Association's position is simply that part of a Buyer's Agent's due diligence is to prepare comparative market analyses on properties being considered for purchase. (Certainly before submitting an offer on a property.)
As stated, all the details of the case are not readily available, but when a consumer hires a Buyer's Agent to help them with their home purchase, they believe … (6 comments)
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buyers agent: Utah's Drought
- 02/07/08 03:57 AM
In today's Deseret News (February 7, 2008) a story about more snow coming mentioned the following:
"The bad weather has brought some good news. In a hydrologic outlook released Wednesday, the Weather Service said the January storms brought an accumulation 165 percent of normal. Southern Utah was already above its normal April 1 snowpack levels. More storms in February and March could refill reservoirs and provide drought relief."
It certainly does not say the "drought" is over, but it provides a positive outlook if we can continue to get more rain and snow over the next month or two.
Happy Snow Blowing! (Or shoveling!)
Don't … (3 comments)
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buyers agent: Salt Lake Area Real Estate Blog Entries - A Guide for Home Buyers
- 02/06/08 08:26 AM
Thank you for visiting my Salt Lake Area real estate blog for Buyers.
Here are recent posts that you may find of interest:
FINDING HOMES
The Truth About "Buyer's Guides"
How to Know About the Newest Homes on the Market Each Day
"Staged" Homes in Utah - Things for Buyers to Consider
Buying a Home (Smarter, not Harder)
YOUR RIGHT TO HAVE AN AGENT REPRESENTING YOU AND YOU ONLY
Different Types of Agents - Say What?
Exclusive Buyer's Agents mentioned in Kiplinger's Personal Finance
Why you should always have an agent representing you in a real estate transaction - 1 example
Understanding the Buyer-Broker Agreement
Why is Signing a … (4 comments)
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buyers agent: Salt Lake's Smartest Homebuyers!
- 02/06/08 08:14 AM
What clients are saying about Homebuyer Representation, Inc. Utah's Exclusive Buyer Brokerage!
"We wanted someone who would work with us and not be constrained or biased by their own listings or those from colleagues in their same office or group. Benjamin was extremely responsive and even did virtual walk-throughs with us via video on the web. With his help, we found the ideal home."Benjamin came up with a brilliant approach that gave us a real advantage in the negotiations. We closed at a price well below the original asking price. We are extremely pleased with the property. Thank you Benjamin!"-Vance Checketts Family, Provo, Utah
"I … (0 comments)
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buyers agent: Client Christmas Card 2007
- 01/24/08 05:04 PM
In case you missed our Christmas Card this year, here it is:
Dear Family and Friends,
We have had a pretty busy year this year. Through about August, the Real Estate market was still in its prime and Ben was as busy as ever helping people with their home purchases. Somehow we managed to fit in some family time:
For our 10-Year Wedding Anniversary we went on a cruise to Mexico. Spring enjoyed the cruise because it was a welcome break from her busy routine in the PTA; Ben was able to relax because he didn't have to think about how much everything … (4 comments)
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buyers agent: Does Your Agent Really Have YOUR Best Interest At Heart?
- 01/24/08 10:12 AM
Broker Bryant's post about agency struck a chord with me when it was pointed out to me by a fellow ActiveRainer (Thanks Fran!) (Here's the Link)
My reply deserves its own post, so here it is:
I agree 100% that there is absolutely NO advantage to either Seller OR Buyer in Dual Agency. It should be abolished and I still wonder why it has not been. I am surprised at how many Sellers sign away their right to full representation at the same moment they hire an agent to list their home. I am surprised at how many Buyers sign away their right to … (3 comments)
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buyers agent: Salt Lake County - 2007 Total Year Real Estate Sales Report
- 01/22/08 11:26 AM
I ran this report for 4th Quarter 2007 and thought that some of you would be interested in looking at the entire year's statistics.
Report Generated from the Wasatch Front Regional Multiple Listing Service
Homebuyer Representation, Inc. is an Exclusive Buyer Brokerage serving Salt Lake and surrounding areas. We do not list homes and we don't represent Sellers. We work for BUYERS ONLY on the Buying side of the transaction, to get the BUYER the Best Price and Terms... "We're the Real Estate Agents who Represent the Home Buyer" TM
For more information, just call us at (801) 969-8989 or contact us via the link … (2 comments)
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buyers agent: Salt Lake County 4th Quarter Comparisons 2004-2007
- 01/22/08 11:04 AM
Looking at the Fourth Quarter of 2007 for the Salt Lake County Market reveals some interesting facts.
Keep in mind that this information is not necessarily comprehensive as it only takes into account data from the Wasatch Front Multiple Listing Service, but most homes in Salt Lake County sell by Multiple Listing and this data is probably pretty representative of the market at large.
Look at the data and we will analyze it below.
First, DOM - Days On Market increased. In the 4th Quarter of 2006 homes that were priced near enough to market value to sell were selling in 33 days. In … (1 comments)
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buyers agent: Salt Lake County 4th Quarter 2007 Days on Market Report
- 01/22/08 10:32 AM
This graph shows how long homes took to sell in the 4th quarter of 2007.
This is only for SOLD homes. As you can see, for homes that DID sell, the average time on the market was 44 days.
The percentage of homes selling in 30 days or less was 43.7%.
The percentage of homes selling in 60 days or less was 72.3%.
The percentage of homes selling in 90 days or less was 88%.
The percentage of homes selling in more than 90 days was 12%.
This sounds good if you are a Seller. However, remember, this is only the time on the market … (1 comments)
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buyers agent: Salt Lake County Mayor's State of the County Address
- 01/12/08 05:39 PM
Mayor Peter Corroon's State of the County Address gives a glimpse into what makes living in the Salt Lake Area so great.
It gives a brief analysis of each of the following priorities:
GovernmentEconomic DevelopmentNatural EnvironmentQuality of LifePublic SafetyEducationMy favorite part of the speech is the following:
"Salt Lake County is still the most populous county in the state, with an estimated population of more than 1 million. Our county is expected to grow to nearly 1.4 million by the year 2030. And Utah ranks No. 3 in the U.S. for life span with an average of 78.7 years, meaning most of us should … (1 comments)
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buyers agent: More Home Inventory Slows Rental "Appreciation"
- 01/12/08 05:23 PM
As home inventory grows, typically rental rates don't rise as much. This is because people can just as easily buy than rent.
A recent article at Forbes.com suggests that even though Salt Lake's inventory of available homes for sale is growing, rental rates are still rising because job growth is the highest in the nation and is bringing in a "steady stream" of people into the state.
"Job growth also affects renters. Salt Lake City has one of the fastest rates of new construction, but it isn't fast enough to keep up with job growth. A 3.1% uptick in jobs is the highest of any city … (0 comments)
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buyers agent: Ski Free in Park City!
- 01/12/08 04:51 PM
Park City is offering a free lift ticket in exchange for your same-day boarding pass to Salt Lake Airport. Unfortunately, it seems you must not be a Utah resident to take advantage of this offer.
So, those of you who are visiting Salt Lake from another State (Including clients of mine who are relocating here!) don't forget to click on the link below and read the full terms of the program.
http://www.parkcityinfo.com/quickstart/
Ski Free then Buy a Home with Me!
Homebuyer Representation, Inc. is an Exclusive Buyer Brokerage serving Salt Lake and surrounding areas. We do not list homes and we don't represent Sellers. … (2 comments)
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buyers agent: National Retailers taking notice of Salt Lake - Opening shop
- 01/12/08 04:45 PM
Utah a fertile ground for branching out
In 2007 Salt Lake saw big names such as IKEA, Cheesecake Factory, Urban Outfitters and American Apparel come to town.
According to the Salt Lake Tribune, "The list of retailers with a presence in Utah is set to grow even larger this year." [2008]
It later goes on to say:
"Retailers have been attracted to the state in recent years due to the state's strong job and population growth. The population of the four main Wasatch Front counties - Salt Lake, Utah, Davis and Weber - has reached the 2 million mark, which makes many national chains … (0 comments)
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buyers agent: Salt Lake County Utah 3rd Quarter Statistics & Brief Analysis
- 10/09/07 09:12 AM
Salt Lake City's real estate market is still up where it counts and that is good news for homeowners and homebuyers. Above all, home sales prices are still in the positive, much better than many markets nationwide).
See the latest Data in the chart below and we will evaluate it and talk about what it means for Buyers.
(Source: WFRMLS XL Quarterly Comp Report 3rd Quarter Comparisons - Generated Tuesday October 9th, 2007 at exactly 3:16:18 PM)
As you can see from the data, the market pace has slowed considerably. SALES of Single Family Homes and Condos are DOWN from 3rd Quarter 2006 figures by 34.43% … (0 comments)
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buyers agent: Why is Signing a Buyer-Agency Agreement That Important?
- 05/07/07 05:02 PM
Our Buyer-Agency Agreement requires us to be legally responsible and accountable to you. A Seller's agent, by law, must work in the best interest of their client, including giving any learned information about the Buyers to the Sellers. This can hurt your bargaining power and cost you money. We work in your best interest. We are obligated to get YOU the best price and the most savings possible. In Utah, if the listing agent tells you she will work with you as your "buyer's agent", you will be asked to sign an agreement limiting your representation. This agreement usually states that the … (3 comments)
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I prefer to work with people I like and who like me. I will gladly turn away a prospective client who is unreasonable, rude, stressful or condescending. Likewise, I wouldn't expect anyone to work with me if I treated them that way. 
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