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June 8, 2013

Murphy’s Law — Realtor Edition

Cost of Doing Business(?) “The same real estate sign company that needs 3 “reminders” to straighten a leaning “For Sale” sign in May will show up 2 days early to remove the same sign, post-sale, in June — before the listing agent has had a chance to remove their sign riders.” The Realtor in question would...
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Couldn’t Refinance in February? You May Want to Try Again in June

Changing Mix of Comp’s (“Comparable Sold Properties”) It may strike non-professionals as odd, but real estate market values are established by “looking through the rear view mirror” — that is, by scrutinizing recent, similar sales as near to the subject property as possible. Every rule has its exceptions, but the conventions in residential real estate are: ...
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