Just Real Estate. The Best of ActiveRain ReBlogged. No recipes, no jokes, no SEO, no fluff

Because of the legality and complexity of contract law, it is my opinion that short sale proponents need to get a grip on reality. By now, I feel that I can safely assume that almost every real estate agent in this country has had at least one personal experience with a short sale scenario. But, ...

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Hi All, I entitled this post "Welcome To The 20th Century" for a reason, its because I can't believe how many agents I run across who are still firmly mired in the functional equivalent of the 19th, the fax machine.  Come on folks, fax machines were cutting edge technology and truly have revoluti...

Another bank failure was reported today. Again the FDIC was prepared with a buyer and acted swiftly to be ready to reopen on Monday. The bank that failed this time is Columbian Bank and Trust Company out of Topeka, Kansas. The failed bank's assets will be taken over by Citizens Bank and Trust . T...

I think we all know the importance of financially prequalifying buyers before we start spending a lot of time and energy on them. I'm learning its important these days, to prequalify buyers intentions regarding having realistic expectatons.  I find that because of all the media out there, buyers ...

The mortgage crisis is beginning to find it's way into Washington, DC, a city that has been largely spared large numbers of short sales and forecloses.  But they are creeping their way in.  During the past month, there was actually a bank owned property for sale in Georgetown. I've been reading a...

My agents are trained to set up a communications plan with our clients which include at least once a week phone updates and monthly face to face updates while a home is being marketed. Last week as a team member and I prepared for a monthly update with our client, we were feeling very good that ...

About 4 monts ago, my business partner received a lead from a friend who is also a builder.  He's building a home for a couple who need to sell their house.  After preparing our listing presentation, and checking out at least 5 homes similiar to theirs in the neighborhood, we did comps and the re...

Hi All, Recently I was in San Francisco (along with around 1000 or so of my friends) for the wonderful Active Rain party, the awesome Zillow Beer With Bloggers, the killer Trulia open house, oh, and a crazy little thing called Inman Connect.  So, after spending time filling my brain with technolo...

Michigan mortgages and how they work Many people want to know how Michigan mortgage brokers get paid.  Many times Michigan home buyers believe that by going directly to the bank that they can get the lowest rate.  Many times that is not true. I remember back in 2003 I quoted a rate to a customer ...