10 Things Your Realtor Can't Tell You

Reblogger Kris Collis, Associate Broker
Real Estate Agent with Smart Way America Realty

Mimi Foster's blog, "10 Things Your Realtor Can't Tell You" has been reblogged 19 times, several years ago.  I saw it today thanks to her link on Active Rain's Question & Answer.  Just read it and absorb everything!  Great post Mimi!

Original content by Mimi Foster

Over the past few decades of selling real estate, people often ask questions I can't answer, either because of laws preventing disclosure, or because so many of the questions are subjective and change from person to person or situation to situation. Here are some common questions your Realtor can't tell you:

  1. Is it a safe neighborhood?Realtor can't tell you if neighborhood is safe

    This is probably the question I get asked most often. I can't possibly answer that, but I can direct you to either the local police department for crime statistics, or to online sites that can give you area crime reports. Regardless of what the current status of a neighborhood is, something could happen next week that might change your comfort levels.

  2. Is this a family-friendly neighborhood? (Or conversely - We don't want to live near children.)

    Familial Status is a protected class under local and federal laws, so it's not legal for a Realtor to steer a client to an area that does or doesn't have children. If you want to be in child-friendly areas, you might look at homes near schools. To qualify as a Senior Only community, there are federal guidelines that must be adhered to, and exceptions cannot be made for some families and not others.

  3. Is this a good elementary/junior high/high school?

    As with many areas of housing, "good" and "safe" and "clean" are all subjective, meaning everyone's opinion can be different. For questions like this, statistics can be found online for certain school criteria. Once you've identified a home that interests you, you might also want to ask neighbors, or speak with teachers and staff at the school you're considering.

  4. Realtor can't tell you about religious neighborhoodsCan you find us a Catholic neighborhood? (or Jewish, or Mormon, or hispanic, or Lebanese, etc.)

    Not only is religion a protected class, but so are nationalities. A Realtor can't possibly know what your criteria might be, nor is "steering" in any way legal. If there are specific places where you would like to live, specific neighborhoods where your friends live or where your group meets or where your church is located, then we can certainly show you homes in areas you request, but please don't ask us to specify those neighborhoods for you.

  5. Are there sex offenders in the neighborhood?

    Megan's Law requires convicted sex offenders to register their address with local officials. This information is available to the public. You may check the public records, or, for a nominal fee, get up-to-the-minute information from the police department in the locality of where you're considering a move. Since all information is subject to change (and not everyone registers how they're supposed to), if this is an area that's important to you, make sure you're comfortable with the information you gather.

  6. We want you to advertise our house to single, young professionals.

    Um . . . no. Besides other things, you can't discriminate based on marital status (this is considered discriminatory against someone who is not single) and age is protected (you can't solicit to exclude the elderly).

  7. Realtor can't tell you if your home value will increaseWill the house I'm buying go up in value?

    If we had a crystal ball, we might better be able to answer that question. In 2007 when the market was hot, people thought they couldn't lose. Then 2008 happened, and we are slowly recovering. There are too many variables - area considerations, economy (especially local), style, etc. But if you liked the house when you bought it, chances are, when it comes time to sell, someone else will like it as well, especially if it's in good and clean condition.

  8. Can we build a garage on the property?

    Each municipality has different laws regarding setbacks and variances. If building a garage is important to you (or a shed or a separate structure or modifying the structure that currently exists), I recommend you check with your local building department to find their specifics for what you have in mind.

  9. What's the standard real estate commission?

    THERE IS NO STANDARD REAL ESTATE COMMISSION. I can tell you what my company charges as standard practice, but commission is negotiable and I can't speak to what any other company or agent charges.

  10. Why do Trulia and Zillow advertise five bedroom houses for $50,000 on five acres in the mountains that were never available?

    definitely can't answer that question. Please stop asking.

    Realtor can't tell you why Trulia advertises homes that aren't for sale

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If you would like to search for Homes for Sale in Colorado Springs,

please contact your Colorado Springs Realtor

 Colorado Springs Realtor Mimi Foster 

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Selling homes throughout Colorado Springs, Old Colorado City,
Manitou Springs, and surrounding areas
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Topic:
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Groups:
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Bartender, Make it a Double
Old Farts Club
Tags:
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steering
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Rainmaker
5,180,829
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Kris Collis, Associate Broker this was a good find to share with everyone..... quality posts have a very long shelf life.... it's a matter of digging through the treasures....

Nov 01, 2019 03:32 AM #1
Rainer
546,545
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Where most sellers lose focus and walk over dollars to save pennies!!! Commission!!!

THERE IS NO STANDARD REAL ESTATE COMMISSION. I can tell you what my company charges as standard practice, but commission is negotiable and I can't speak to what any other company or agent charges.

Nov 01, 2019 03:49 AM #2
Rainmaker
3,419,332
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Kris. This should be required reading for all Utah licensing course students among others. Enjoy your day!

Nov 01, 2019 04:21 AM #3
Rainmaker
768,171
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

7. Many years ago our State created a 'Market Conditions Advisory' where the client acknowledges that no one has a crystal ball! 

Although I do have crystal balls. They cost extra. LOL

My goddess friend Mrs Mimi Foster knows her shiz! Eternally!

Nov 01, 2019 06:30 AM #4
Rainmaker
4,638,405
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Kris,

Great reblog and sorry I missed this post Mimi Foster .  We have an additional can'ts in California.  You cannot say, can walk to school in your ads (discriminating to handicapped children) or his and hers bathrooms (gender discrimation).  In Florida, "white picket fences"  and "white sand beaches"are taboo in descriptions..!  So many things to remember like walking on eggshells.  A

Nov 01, 2019 07:17 AM #5
Rainmaker
3,282,209
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Kris,  You came up with a great reblog bu Mimi Faoster that has alot of great points in it.

 

Nov 01, 2019 07:20 AM #6
Ambassador
847,849
Mimi Foster
Falcon Property Solutions - Colorado Springs, CO
Voted Colorado Springs Best Realtor

Thanks so much for the reblog, Kris. This was a fun one from the Oldies but Goodies files. Didn't know if that was what was being referred to in "avoiding" questions. 

Nov 01, 2019 08:11 AM #7
Rainmaker
2,633,284
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Mimi Foster's blog was a good choice for a reblog, Kris!  The list covers most everything a Realtor can't tell a homebuyer.

Nov 01, 2019 04:41 PM #8
Rainmaker
2,633,284
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

CONGRATULATIONS Kris, on having this blog FEATURED in the Old Farts Club group!  

Nov 01, 2019 04:50 PM #9
Ambassador
1,933,445
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Mimi has plenty of reblog worthy posts and this one is not exception. Thanks for hauling it out of the archives again. All I can say, is she's right on with the list. 

Nov 02, 2019 08:03 AM #10
Rainmaker
1,348,191
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Mimi's blogs have often been among my favorites, and this one is fantastic. 

Nov 03, 2019 08:03 AM #11
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Kris Collis, Associate Broker

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