When someone new got into real estate years ago, one of the first things they were told was to do open houses on their firm’s listings. Anybody remember these motivators from the past? Tommy Hopkins, Danny Cox, Danielle Kennedy, David Knox, Gary Watts, Daryl Davis, Brian Buffini, Michael Ferry, Noel Seaman, Dennis McKenzie, Richard Robinson, and yours […]
Archive | Listing Agreements
MYTHS, MISINFORMATION AND FALSE RUMORS ABOUT NAR SETTLEMENT
It is a quiet Friday morning so I thought that I would debunk some of the myths and rumors about the NAR Settlement. By now, most of you know these facts. Just in case you missed some claims by the not-knowing writers in national publications I present these myths. I am not an attorney but […]
WHEN IS AN OFFER NOT AN OFFER ANYMORE?
A couple of basic thoughts that are misunderstood by people in a Real Estate Transaction. First, an offer is never complete until there is an acceptance and that acceptance has been communicated to the other party. Sellers make a counter and give three days for a reply. One day later they get a better offer. […]
Listing Agreements
They Are Not All The Same: Most people when they sign a listing to sell a home are signing a document called “Exclusive Authorization to Sell.” The agent has the only right to list the property and sell, of course with cooperation. If the owner or anyone else sells the property, the “E” agent has a right […]
Real Estate Vocabulary For Buyers and Sellers
Pocket Listing Pocket Listing: This is a listing of a broker member of the local Multiple Listing Service that is not placed into the Service. Do all listings have to be submitted to Multiple? No. Exceptions are: Listings for apartment houses, commercial buildings, etc.Listings out of the local area not covered by the Multiple. Listings […]
Listing Agreements
They Are Not All The Same Most people when they sign a listing to sell a home are signing a document called “Exclusive Authorization to Sell.” The agent has the only right to list the property and sell, of course with cooperation. If the owner or anyone else sells the property, the “E” agent has a […]