Tracking the Bloodhound Unchained conference in Phoenix via Twitter … and in particular, Russell Shaw, listing agent extraordinaire (which is likely underestimating him) … for a quick bona fides on Russell Shaw, read this : If you think traditional Realtors have had it rough imagine what it is like for the discount real estate companies. … The small discount companies aren’t even doing that well. some of the tweets about his presentation, in 140 characters or less: Courtesy of @AndyKaufman : Russell Shaw – I haven’t run a print ad in 16 years.
Browsing Category Sellers
Notes from a mortgage broker in Charlottesville
Thanks to a conversation in a closing yesterday morning:1 – Many of his lenders are eliminating second mortgages in favor of PMI (which is tax deductible).2 – The 22903 zip code may be marked by Fannie Mae as a “declining market” – our closing yesterday indicated as much.Lesson:Times are changing; choose knowledgeable representation you trust.
Seeking a defense of Single-Agent Dual Agency
Will anybody defend the practice of the same Realtor representing both a buyer and seller on the same transaction? Find out at VARBuzz.
How not to sell your house
2 – Don’t call the Realtor with qualified buyers back for nine hours. 3 – Don’t show the house until after 5pm.The above are two reasons that unrepresented sellers frequently have a harder time selling their properties…. The property is going to have to be mighty special and unique to make us alter our schedules.In a buyers’ market (which we’re in, if you didn’t know) – I advise my sellers to do (almost) whatever it takes to get buyers through their house. You just never know when the “right” buyer is going to walk through the door.
Image stabilizer for real estate photography
The bane of my existence when photographing properties I am marketing is camera shake. This video, (hat tip to Book of Joe), shows an easy way to fix that problem. Now, to get a new listing on which to try out this trick …
Assessments, property taxes and shifting market values in Albemarle County
Working with real estate assessments in Albemarle County
Whither false blame?
Readers of real estate blogs – buyers, sellers, consumers among them – already know the how wrong the claims made in the article are (as do the commenters on your blog).The word “disappointing” keeps coming up in comments referencing the Wharton article.dis·ap·point·ingfailing to meet expectationsThe clear lack of knowledge and awareness about the real estate profession indicts the entire article.Misdirected blame and clearly wrong arguments from prestigious institutions and leaders such as Wharton do great disservice to all involved – the Realtors, the buyers and sellers, the lenders and I would argue themselves and their students as well as policy makers who may trust such business education leaders’ opinions – and then we all may suffer.Thanks to Greg for sending the traffic and to everyone who commented here on yesterday’s post about the article posted at Wharton’s blog, The Subprime Blame Game: Where Were the Realtors?Seeking to level blame on some Realtors is one thing – there are unscrupulous individuals in every profession…. There is plenty of culpability to go around, but to argue that all 99% of Realtors were advocating on behalf of the Sellers is liable to give some apoplectic fits.Greed is the primary culprit – greed that affecting the decision making ability of people in every camp – buyers, sellers, Realtors, lenders, appraisers, inspectors, title insurance companies …… Promote the interests of the buyer by” and then this – a sample Exclusive Right to Represent Buyer’s Agreement can be found here.The author and professors make one accurate argument accidentally – until the real estate industry, mortgage industry, HUD, etc. embrace divorced commissions, we have a long way to go…. Until this is fixed, the perception will exist amongst those who don’t know any better – whether by unfamiliarity or neglect (as would seem to be the case in the Wharton professors’ cases) – that true representation does not exist.I come not to condemn the professors (I have read the Mortgage Professor site for years), but to enlighten them to the wonderful world known as the 21st century and Buyer Brokerage.