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These days!!

By
Real Estate Broker/Owner with Home Resource Realty -HRR MD, DC and VA

A WORD FOR THE WISE:

REAL ESTATE SALES IS PICKING UP. WE ARE BEGINING TO SEE PEOPLE VENTURING TO BUY THEIR DREAM HOMES AGAIN. THEY ARE NOT RUSHING, AND THEY WILL NOT DO ANY ESCALATION. THEY (THE BUYERS) ARE VERY WELL INFORMED, AND THEY CHECK OUT EVERYTHING. THEY WANT TO READ AND UNDERSTAND THE CONTRACT THEY ARE ABOUT TO SIGN. THEY ARE NOT THE SAME BREED AS BEFORE. DO NOT ATTEMPT TO RUSH THEM INTO CONTRACT.HOLD THEM GENTLY WITH CARE AND A LOT OF INFORMATION.

THEY ASK A LOT OF INTELLIGENT QUESTIONS.THEY WILL PROBE YOU REGARDING EVERYTHING,THEREFORE YOU MUST BE THE AGENT OF CHOICE

WHO IS AN AGENT OF CHOICE? YOU MUST BE PATIENT, YOU MUST KNOW YOUR STUFF AND MORE. YOU MUST BE ONE OF THOSE WITH EXPERIENCE OR THE ROOKIE THAT READS EVERYTHING THAT GOES BY HIS/HER FACE. YOU MAY HAVE SOME EXTRA DESIGNATION BEHIND YOUR NAME. YOU MUST BE THE PERSON WHO IS NOT ANTICIPATING TO BE PAID BEFORE THE BUYER GETS THE KEYS TO THE HOUSE. YOU ARE THAT AGENT THAT GOES EXTRA MILE FOR THE CLIENT.YOU ARE THE AGENT OF CHOICE. YOU WILL DO WELL IN THIS MARKET.

THIS MARKET HAS CHANGED. WAS IT FIFTEEN MONTHS AGO WE WERE FIGHING FOR A HOUSE AND USING ESCALATION CLAUSE? THIS SAME MARKET THAT MADE THE HOUSES SOAR SO HIGH THAT THE AVERAGE JOE COULD NOT AFFORD THE PRICE? THIS MARKET HAS MADE A 360 DEGREE TURN. NOW IT IS MELLOW AND IS OPEN TO ALL NOW, THE WISE, THE RICH AND THE NOT SO RICH CAN AFFORD TO BUY NOW. THE MARKET HAS COME AND GOOD HARD WORKING AGENTS CAN NOW SHOW THEIR SKILL AND MAKE IT HAPPEN. YES, MAKE THE SALE.NOW FUELED BY THE STIMULUS PACKAGE YOU CAN EVEN DO BETTER.

THE BEAUTY OF IT ALL IS THAT FEDERAL GOVERNMENT HAS PREPARED THE BANKS TO HELP, BUT VERY THEY ARE BEEN CAREFUL AS TO WHO THEY WILL GIVE THEIR MONEY TO BUY A HOUSE. HOW GOOD IS THE BUYER'S CREDIT? MORTGAGE BANKS ARE NOW LOOKING FOR SCORES OF UP TO 620. YES YOU CAN THE CREDIT FOR THE FIRST TIME HOME BUYERS. YES, THE SELLER CAN HELP FHA BUYERS UP TO 6%; YOU CAN LOCATE A BUYER THAT WILL QUALIFY FOR THIS PROGRAM. LET US USE THE VARIOUS BENEFITS FOR THE CUSTOMERS AND THE BUYERS. LET US EDUCATE THEM MORE ON WHAT WE KNOW. LET US WORK TOGETHER TO SAVOY THE MOMENT.

YES, THE MOMENT IS GETTING CLOSER, THE MARKET HAS NO MORE PLACE TO GO BUT UPWARD. YOU AND I WILL BEGIN TO ENJOY THE MAKET AGAIN. WE AT HOME RESOURCE REALTY IN BURTONSVILLE ARE READY. ARE YOU READY?

Show All Comments Sort:
Richard Weeks
Dallas, TX
REALTOR®, Broker

The Texas Real Estate Commission has prohibited agent here from using escalation clauses.

Oct 22, 2013 10:14 PM
Anonymous
Bayo Oshinnaiye

I commend Texas Real Estate Commission for the bold step to prohibit Escalation Clause on all Real estate Sales. It is a dangerous deal to begin a style of auction in our Real Estate sales by using Escalation Clause. What we are doing as professionals is actually pushing the public to pay more for what may not be the real price. 

I personally hope that other Real Estate Commission in more States will adopt the same steps of banning Escalation Clause in all areas of Real Estate Sales.  I say HURRAY to Texas Real Estate Commission.

Oct 22, 2013 10:43 PM
#2
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

Glad it's now 2014 !  Pls. view our RELO message -  http://actvra.in/4jHG

Aug 03, 2014 09:35 PM