When I first started this blog on a Saturday morning in September, 2005, I thought I needed to hurry up before every agent was blogging. Wouldn't this be a great vehicle to educate consumers and demonstrate our expertise? Certainly, every agent will be doing it!...
Month: February 2018
Our Real Estate Commissions
Redfin publishes their commission rate on their website, and it makes sense. All brokerages should make it easier for the consumer to evaluate the choices. Here are my commission plans for home sellers: Full Service - Expert (2% to 2.5%) I handle all of the critical...
What A Realtor Does
Typically, if you want to know what a realtor does to sell your house, you have them over to make a listing presentation in person. Because of antitrust laws that 'promote fair competition for the benefit of consumers', the commission rates charged by realtors are...
Technology & Realtors
A reader sent these in: Jim – I have two questions. Do you think that technology has helped the more successful agents to the detriment of the lower half of the agent pool who have less $ to invest in things like Zillow’s premier agency and what not. And if the haves...
Happy Valentine’s Day
Here is some insight on the truck sale, plus a curiosity check on why the West Bistro closed in January, which was very unusual, given who the owners are. Was it an indicator of the local economy? I hope they don't mind some blog attention, because the owners look...
The Buyers’ Struggle
When you find the right home, don't lose it. Get Good Help! NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the third in a series of posts highlighting poll...
Kayla’s Trendy Tuesday
I found a blog post by Styled, Staged, and Sold that I thought I should share! There were a couple points that were made on what you can do with your stager but I found the design trends to be the most interesting part. Here is the full article: [button...
Multiple-Offer Season
The graph above shows that we're heading into multiple-offer season, and whether you are buying or selling, you should work with an agent who is an expert in handling a bidding war. In a monthly survey of REALTORS®, seller’s agents who closed a sale are asked “How...
Goodbye ’66
I sold the truck. It was about a year ago when the steering gave out, and it took me this long to get it fixed. The mechanic told me to spend some real time and money to upgrade it while it was still salvageable, or sell it to somebody who would. So I replaced the...
Inventory Watch
A steady flow of new pendings - we've had 106 over the last two weeks (a 15% increase). Are the stock market jitters and higher rates helping? The UNDER-$1,000,000 Market: Date NSDCC Active Listings Avg. LP/sf Avg. DOM # of Pendings Jan 1 36 $477/sf 51 58 Jan 8 35...