Real Estate’s “Chicken Soup” Just another one of those anecdotal observations, based on what’s coming through my email in-box, but lately it sure seems like there’s been an uptick in selling agent bonuses (the selling agent is what the Buyer’s agent becomes once there’s a deal). Sellers accomplish that two ways: 1) by offering a...Read More
Contrarian Indicators — Housing Market Edition If you like contrarian indicators, here’s a good one, courtesy of today’s New York Times: “Housing Fades as a Means to Build Wealth, Analysts Say” —headline, NYT (8/23/2010) Or as Barry Ritholtz puts it, “the time to be an über-bear on Housing (or anything, really) is before the collapse...Read More
Gauging Open House Traffic I don’t know about other Realtors, but whenever I host a Sunday open house (I’ve been doing Sat./Sun. double-headers lately), I like to call my front desk to find out how busy it’s been. So, I try to check in around 2:45 p.m., before my front desk closes at 3 p.m....Read More