Tag

Seller

Real Estate Sauce, Geese, and Ganders

“What’s Sauce for the Goose is Sauce for the Gander” I suppose the opposite of that is, “what isn’t sauce for the goose isn’t sauce for the gander.” Huh?!? One of the insights into pricing a “For Sale” home well is recognizing that some properties ARE more difficult to value, due to their uniqueness, location,...
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Not Just “Wins” & “Losses”: The Case For a Real Estate “Save”

But, Isn’t There Already a “Closer?”** Baseball “save“:  the successful maintenance of a lead by a relief pitcher, usually the closer, until the end of the game. –Wikipedia Wanna know why, even though some of baseball’s all-time great pitchers date back more than 50 years (think, Sandy Koufax, Bob Gibson, Tom Seaver, et al), all the...
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Who Fixes Inspection Issues, the Buyer or Seller?

Other “Votes”:  the Lender, Local Municipality, and Insurer Unbeknownst to the Seller, the Buyer’s inspection uncovered a material problem with their home that the parties agree should be fixed. When that happens, who takes care of it? The short answer:  “whomever the parties agree” (at least if no one else has a say — see...
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Passed Across the Closing Table: keys, garage door openers, bike chains (bike chains??)

Agent-to-Agent Closing Courtesy While the Seller is busy passing house keys, garage door openers, etc. to the Buyer at closing, the Buyer’s agent often is transferring something to the listing agent, representing the Seller:  the listing agent’s lockbox (no, the correct answer isn’t, “a flask of whiskey”). As a courtesy, Buyers’ agents will often ask...
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Housing Market’s Vital Signs

A doctor who wants to determine a patient’s health checks out their vital signs:  their heart rate, blood pressure, lungs, etc. What’s the equivalent for the housing market? Trends in the following three things: One. Inventory. Falling inventory — also called “supply” — augurs well for future housing prices; increasing inventory, the opposite. Right now,...
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