RealEstateAgents
Realty agents not always showing the listing love
2:15PM 3/04/2010
It used to be that unconditional love came from two certain sources: the dog at your feet and the real estate agent who wanted your listing. Both lavished you with affection, hung on your every command and growled menacingly whenever a rival came close to you, precious you.
Today, be grateful you...
In the past, I've said that when buying a home, you should never, ever, ever use the same agent as the seller because it won't save you any money and can lead to a whole slew of complications and problems. I also looked at an example of dual agency gone wrong from HGTV's The Property Shop, for...
Real estate brokers add 'fees' on top of commissions
5:00PM 5/28/2009
Inman News reports on a pretty disturbing trend: As home prices fall and sales volume remains weak in many markets, some real estate brokerages are resorting to charging "fees" to buyers and sellers -- on top of the usual commissions.The fees are usually in the range of a few hundred dollars, but...
If you're mad at the real estate agent who sold you an overpriced, over-hyped investment property a couple years ago -- and promised you'd get rich from it -- you can take some comfort in this: 2008 was a bad year to be a real estate agent too.Nationally, the median income for real estate agents...
The Arizona real estate market is in tough shape, and apparently one Maricopa County agent just couldn't generate enough business to make ends meet.The Arizona Republic reports that Kailash Bhatt has been indicted by a grand jury on charges that he stole fixtures out of foreclosed homes he was...
Selling your house? Let Realtors compete for your business
12:00AM 4/25/2009
Inman News reports on start-up AgentInvitation.com, a site that allows prospective home sellers to anonymously query three agents, describe the service they're looking for, and find out what kind of commission the agent would be willing to work for.According to Inman, "Sellers provide an estimate...
A new survey from HomeGain suggests one of three things: Either home owners are unrealistic about what their homes are worth, or agents are too pessimistic about what homes will sell for, or some combination of the two.The survey found that nearly 50% of homeowners think their houses should be...
Real estate agents mislead consumers with 'market price" hype
5:00PM 3/23/2009
It's a tough time to be a real estate agent in Miami Beach, but that's no excuse for misleading consumers.In the latest copy of The Real Estate Book, Optimar International Realty advertises a number of properties in the Miami area, with ad copy describing incredible deals:"Market Price $230k. Get...
Are realtors the biggest cause of the economic collapse?
2:00PM 3/16/2009
A YouTube user with the name StopTheRealtors has posted a fascinating video clip featuring Suze Orman as a guest on Oprah.A caller says that she is interested in buying a home, but has a pretty measly income -- making a home a very questionable call for a single person who is also looking to adopt...
'The Property Shop' shows the dangers of dual-agency in real estate
11:30AM 2/23/2009
As anyone who read my review of the premiere of HGTV's new series The Property Shop knows, I'm not a big fan of the show or the antics of its star real estate broker Tatiana Londono.Yet somehow I can't stop tuning in every Thursday at 10:30 PM ET. On the latest episode, Tatiana takes the listing on...
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