How to Tell if it’s a “Fire Sale” Realtors hear it all the time (often from neighbors or prospective Sellers protesting about the value of their home): “Oh, they gave it away.” “The Smith house? That was a fire sale.” “They sold for way too little.” How to Tell Whenever I hear the foregoing, I...Read More
Buyer’s Market Phenomenon: More “Dual Agency” Deals? I don’t have any hard data, but at least anecdotally, it seems like the number of homes being sold by the listing agent — that is, they represent the Buyer as well as the Seller — is on the rise. (One of the quirks of real estate is...Read More
More B.S. (“Bait & Switch”) from the Foreclosure Banks The water cooler is long gone, but that doesn’t mean Realtors don’t engage in “water cooler talk.” One of the hottest topics at the moment is foreclosures. Here’s how it appears to the (above) average Realtor — OK, me — who’s had some passing involvement representing...Read More
