It would be natural to assume that home buyers are much more concerned about paying the right price today. Certainly, they will be perusing the recent sales very carefully, won't they? I'm not so sure. Putting a sharp price on a home stopped being a priority about 25...
Buyers have become more reluctant about executing the terms of the contract - and the NBPs are back! Here is the explanation on how they work: Q. My buyer was sent an NBP on Wednesday. My question is does the NBP expire 48 hours from delivery/reception, or at 11:59:59...
When it comes to selling your home, there are a few strategies to consider - and the most important point is to select one, any one! There is the old traditional PPP plan - Put it in the MLS, Put a sign in the yard, and Pray. My favorite is to spruce it up, price it...
Just a quick reminder of the constant grift in real estate. Before the listing was entered onto the MLS: After the MLS listing was inputted - at least they didn't recreate the history graph.....yet: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Before the listing...
Every year, there are new and evolving home design fads that should “scare” you to death. Last year, there were moss-covered accent walls (gasp!), acrylic furniture (shriek!) and Tuscan-style kitchens (yelp!). This year, it’s the “cloffice”—a pandemic-era...
All of the home buyers who were willing to purchase a house 'as-is' with no repairs are sitting comfortably in their 3% golden handcuffs contemplating what else to fix. None of today's buyers - which is a whole new set of people - are going to tolerate that program....
We were discussing the "mold" found by a home inspector, who wasn't qualified to comment on the subject - though that didn't stop him from trying to scare the daylights out of the buyer just so he could CYA. I suggested that it was the garden-variety mildew that could...
I picked a great day to start the mortgage-rate tracker in the right-hand column! >>>> Mortgage rates haven't been in the 6% range since 2008: How many agents have operated in a 6% environment? It will be less than half of the active agents today. To...
Hat tip to CB Mark for sending this in! A few years ago, some friends appeared on a house-hunting reality TV show. They had a blast, but afterward, they revealed something that surprised me: It was all staged. They’d already purchased a house when they filmed the...
Last week, reader TOB talked about a buyer he knew who walked away from a deal over the Rampart fireplace. Here's a list of other issues that might be deal-killers, but we try to find a way to solve them before giving up!...
