Wanted: Twin Cities Realtor With Expertise Purchasing Fannie Mae Homes Normally, a Realtor who refers business to another agent collects a referral fee. Depending on the circumstances, such a referral fee can be as much as 33%(!) of the ultimate commission. So, what’s a “reverse referral fee?” When the referring agent has to pay Agent...Read More
Going to the Mall, the Movies (& McDonald’s) With Black Friday (and Cyber Monday) rapidly approaching, much attention is now focused on how robust consumer spending will be. The premise is that holiday shopping reflects consumers’ moods (and pocketbooks) — and therefore is an accurate gauge (if not harbinger) of the economy’s strength. But what if...Read More
Lender-Mediated Deals Now Down to 25% of Housing Market Deals Nationally Is the housing market doing better? Absolutely. Has it fully recovered? No way. Or should I say, “half-way.” I base that not just on where home prices are now — off the bottom, but still well below their 2006 peak — but on the fact...Read More
When to Give the Buyer More Time — And When Not To You got to know when to hold ’em, know when to fold ’em, Know when to walk away and know when to run. You never count your money when you’re sittin’ at the table. There’ll be time enough for countin’ when the dealin’s...Read More
