The interest-rate they get is only 1/2% better, but the down-payment requirements are lower - and that's where the trouble starts. For those looking for some legit doom potential, here ya go!
Month: November 2023
Dingle Agency
Did you know that none of the jurors had sold a house before? It was part of the screening too, and the defense attorneys were so cocky that they didn't think it would matter. Their witnesses were a smart-aleck NAR CEO on his way out the door, and an elderly...
Buyer Listing
The first week after the realtor-lawsuit verdict went as expected - chaos, doom, and no sexy alternatives. It will take years to appeal, but it won't matter how it turns out. Buyers are going to be paying their agents. If sellers aren't obligated to pay any commission...
Inventory Watch
Though the industry is reeling from the controversial lawsuit verdict last week, new listings and new sales keep happening every day - people want and need to move, thankfully. We are too close to the end of the year to have any violent swings in the market. Anything...
Best Places to Retire
After putting in decades of hard work, we naturally expect to have financial security in our golden years. But not all Americans can look forward to a relaxing retirement. According to the Employee Benefit Research Institute’s 2023 Retirement Confidence Survey, 64% of...
Advanced Fees For Realtors?
The latest lawsuit will cause people to consider different pay structures for realtors. If realtors were paid less, could they at least get some of it up front? Yes, if approved by the commissioner: Before a broker may solicit, advertise for and agree to receive an...
Damages vs. Wear and Tear
When tenants live in a property, they cause some degree of wear and tear. This can range from minimal scuffs on walls to more serious harm, such as stained carpets or broken appliances. It’s important to recognize that wear and tear is different from intentional...
Are Realtor Commissions Negotiable?
Are realtor commissions negotiable? Sure....how high do you want to go? 😆 Commissions aren't all the same, just like agents aren't all the same. Different agents charge different rates because they do different things for the consumer. Commissions/fees range from...
Local Zillow 1-Year Forecasts
These are getting into the lazy zone now because predicting 2% to 4% increases over the next 12 months doesn't take any real forecasting - they are just safe guesses based on historical norms which flew out the window with rising rates about 18 months ago. They might...
The Slow Show
Last played here in 2017 - we thought the guitarist was trying to look like me: