Just a few months, I believe my dog could have gotten a no down loan with little concern from the lenders. Now, they have woken up and have lost their mind. I just closed a transaction where I represented the buyer. These were sterling clients. Both work for Cisco and had big 750+ credit scor
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09/05/2008
Have you ever seen this. An agent takes a listing on Wednesday. instead of putting it on to MLS, they keep it to themselves but they have time to put an Open House ad in the newspaper and get a sign ordered. If they don't double end it themselves over the weekend, they will put it on MLS. In
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09/05/2008
San Francisco Chronicle Real estate chaos hits appraisal industry. As a result of the current market and a return to proper underwriting guidelines, appraisers are finding it increasingly difficult to get lenders to accept appraisals. Some lenders even are declining low appraisals and scrutin
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08/22/2008
Because everyone is afraid of the FTC case against organized real estate for supposed price fixing of commissions, everyone seems afraid to even talk about it. Well, I am going to take the chance. My issue isn't whether commissions should be 6% or 20%. It is the way it is calculated that do
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08/13/2008
First of all, let's talk licencing training. In most states, it is just adequate at best. Much too easy to become an agent when you consider the risk that we take on for our clients. Also, that there is not some added criteria if you want to sell commercial, land or some other more exotic pa
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07/25/2008
I have been on Grievance and Pro Stans committees for over 20 years. I have also been an Ombudsman for our local board, In that experience, I have come to the conclusion that we don't take the Grievance process seriously. I hope I can persuade you to change this. We all complain about bad age
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07/25/2008
I just presented a talk to broker/owners of the San Jose real estate board, called Santa Clara County Association. In it, I give them my experience as an expert in real estate litigation, as well as my 30 + years as an agent and manager of large real estate offices. If you will take the time t
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07/25/2008
Once of the common mistakes Buyer's agents make when selling income property, whether it is a duplex or 20 units, is forgetting to make sure an important clause is in the contract. That clause should say something like: "Seller agrees that they will not terminate, rent, evict or lease any unit
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07/25/2008
I am on the professioal standard committee of our local association. Besides being a member, I frequently am the presiding officer on these cases. We get the general run of the mill, untrained agents and those who let greed get in the way of their decision making process. But, the one that rea
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07/25/2008
I just presented a talk to broker/owners of the San Jose real estate board, called Santa Clara County Association. In it, I give them my experience as an expert in real estate litigation, as well as my 30 + years as an agent and manager of large real estate offices. If you will take the time t
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07/25/2008