Archive for August 2017
Working with One Agent vs. a Real Estate “Team”
I’ve seen a lot of changes in the real estate industry over the last 14 years, and one of the biggest has been the increase in the number of “teams.” A team is a group of real estate agents who work under one broker. For example, say John Smith works for Real Estate Company, and…
Read MoreCrazy Things Are Happening in Local Real Estate Markets
The real estate market is going CRAZY…well, at least in my local area. After over a year of increased prices and low inventory, multiple offers and crazy shenanigans so that people can get into homes, there are some strange things going on all of a sudden – since the start of August. Here is what…
Read MoreAre Short Sales Still Great “Deals?”
Here we go again…short sales seem to be hitting the market once again, due to rates resetting on adjustable interest rate loans. Back in the heyday of the housing market meltdown these types of properties were often times great buys, so long as a buyer had the patience to wait. For those not familiar with…
Read MoreAnother Dual Agency Dilemma
Many of you know that I have written often of the perils of dual agency. Case in point: I received a phone call today from a woman whose sister is working with an agent to purchase property. The agent also represents the seller. Apparently the buyer and seller executed a contract. The seller, four days…
Read MoreReal Estate Purchases are Slowing Down
It is usually typical for the real estate market to slow as summer winds down, but many people ask me if I think the market will continue on it’s current path – rising prices and lack of inventory. This subject is discussed on a daily basis in the media by real estate agents, economists and…
Read More