Tag

FSBO

Real Estate Representation Contracts

Playing “Gotcha?” Nope, Just Setting Expectations It’s always a good idea for a Realtor and the Buyer they’re representing to have a signed Representation contract. That’s true even if the Buyer and Realtor have known each other for years, and already done multiple deals together. In fact, that’s especially true if the Buyer and Realtor...
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FSBO Mentality

“What Have I Got to Lose?”* It could just be my imagination, but it sure seems like there’s an uptick in FSBO (“For Sale by Owner”) activity recently. At least through my Realtor eyes, it seems like that happens at market extremes. When the market is overheated and everything seems to be selling in a...
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Faux Photo?

“Is it Live . . . or is it Memorex?” I just tripped across a new Fern Hill listing with the lead photo reproduced above. Is it just me, or is the grass too green, the sky too blue? (not to mention uniform). At the very least, this photo looks heavily doctored/colorized; at worst, it’s...
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SuperFreakonomics on Realtors

Still Casting Stones . . . But Now With (Lots of) Caveats An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today. “Laurence J. Peter [Editor’s note: to see my rebuttal to Freakonomics, the predecessor to SuperFreakonomics, click here] So, I finally finished off the (surprisingly short)...
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Did They Really "Give it Away?"

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...
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Selling — or Buying — Without a Realtor

Profile of a FSBO Are real estate brokers ” like travel agents and other middlemen coping with the increasingly digital culture ” in danger of becoming expensive anachronisms? After all, it is only logical that as people feel more empowered based on their access to information and their ability to connect without help, they are...
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