So THAT’S Why It’s Been For Sale Forever (Maybe) As I tell clients, the “good stuff” on MLS is invariably buried in the “Agent Remarks” field — which consumers can’t see — rather than the “Public Remarks” field, which they can. Even so, I can’t previously recall a listing agent trying to defuse a VERY...Read More
Too Much of a Good Thing? Imagine Tweets suddenly going from 140 characters and spaces to . . . more than triple that. That’s sort of what happened on MLS last week. Since at least . . . uhh, forever, the amount of space allocated to “Agent” and “Public Remarks” was 155 characters. Now? Five hundred....Read More
See If You Can Spot the Two (Very) Subtle Clues in the Picture (Above) One of the BIG issues with 1.5 story expansions with two Bathrooms is, “exactly where are they?” Or more specifically, where is the second Bathroom? (the first one is almost always on the main floor). Master Bath or Basement Bath More...Read More
Putting (Too) Good a Face on Things? It’s a fact of (real estate) life: sales fall through. Buyers change their minds. Inspection issues come up. Buyers can’t get financing* (the honest explanation at least 80% of the time). When any of those (or other) unhappy events occur, listing agents have the demoralizing task of switching...Read More
It’s Going to Be Hard to Check the Basement Mechanical’s “Bring a flashlight, property has no power/lights. Use extreme caution when showing inside as property has been gutted and stairs are open. –Excerpt, MLS “Agent Remarks” Laymen may not realize it, but there are TWO types of “Remarks” on MLS: those intended only for other...Read More
“$2,000 bonus to Realtor at closing.” –Excerpt, “Agent Remarks” section of MLS listing Most Realtors (at least the ones I know) are bottom line-oriented. So, is “goosing” the payout offered to Buyers’ agents a good way to move a listing faster and/or for more money? In my experience, yes — up to a point. It’s...Read More
