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
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
Cheapskate Listing Agent — But Honest (Sort of) I’m sure it’s not the first time that a “successor” agent has taken over an expired or cancelled listing from the incumbent agent, and re-used their photos. But, I’ve never seen the new agent disclose that fact — albeit in the “Agent” (vs. “Public”) Remarks section on...Read More
Will Scathing Feedback Lower the Seller’s Price? I’ve certainly taken my swipes at the seemingly ubiquitous showing feedback forms that Buyers’ agents receive after they show a home. The main knocks: they ask for information no good Buyer’s agent is going to provide — e.g., “what is the home worth?” — especially if they have a client...Read More
Reassuring Condo Buyers Normally, someone who purchases a condo or townhome has to wait until they’ve signed a Purchase Agreement to find out how financially strong (or not) the building or development is. See, “Ten Day Review Period . . . 2 Weeks Too Late.” Then, they have ten days to review the related materials...Read More
