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Housing Market Trends

Once a Lawyer . . . Always a Lawyer

How Many Bottles of Champagne at Closing? I was trying to decide how many bottles of champagne to bring to my 3 p.m closing today (it’s an especially big deal). Then I realized that if, God forbid, somebody overindulged and had a “driving incident” afterwards, guess who would be held liable? So, it’s one bottle...
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Faxes R.I.P. (b. 1975, d. 2011)

Realtor Best Practices “Hello, electronic signatures, good-bye faxes!” That’s the upshot of Realtor meetings and cont. ed courses I’ve attended the last 2-3 months. “In With the New . . .” After years of hype, electronic signatures are finally a reality in the real estate business:  they’re secure, legally valid, and — with widespread adoption —...
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Nicely Done!

Craftsman style home built in 1926. Located in the desireable Kingsfield neighborhood. Walking distance to the park & easy freeway access. Beautiful woodwork including hardwood floors and built ins. Needs a lot of work but great investment opportunity! –Excerpt, new MLS listing The above is clear; hits the home’s high points; discloses the negatives; and...
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Are Lenders Becoming More Attentive?

Shakeout Side Effect:  Better Service A year ago, I could count on one hand the number of times a lender contacted me before I contacted them. This year, it just happened three times — in one week. Once, it was the Buyer’s lender letting me know — in my capacity as listing agent representing the Seller...
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Realtor War Stories

“I Remember When . . . “ Once upon a time, when I was new in the business, I found Realtor war stories entertaining and instructive (and more than a little horrifying). Now, as an experienced agent, I mostly just find them . . . tiresome (if not annoying).  Especially when I’m paying to hear them at...
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They’re Not Lowballers, They’re “Investors”

Deciphering “Realtor-Speak” I’m sure I’m not the only listing agent out there who’s recently fielded some variation of the following query:  “I’ve got an investor who might be interested in your client’s property.  Would they be open to something like that?” For those who don’t know Realtor-speak, let me translate:  ‘my client would be interested in buying...
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