Podcasts about buyer agent

Welcome to another episode of Founders Club! On this episode we'll be talking to John Joseph about the NAR Settlement and how to talk with clients about it.   Connect with Founders Club Host Oliver Graf on Instagram: @OliverGraf360   In this episode of Founders Club, host Oliver Graf sits down with John Joseph, a top realtor, Mike Ferry Coach, and former VP of Prudential Real Estate. Together, they dive into the recent NAR Settlement and how it's reshaping the real estate landscape. John shares expert strategies for communicating with clients during uncertain times and offers actionable tips to handle objections with confidence.  Do me a solid and…   Leave a 5 star review!   Find me on Instagram: @OliverGraf360   Founders Club TikTok: @FoundersClubPodcast   Subscribe to my YouTube channel: http://www.youtube.com/c/OliverGrafTV   Get on my VIP email list and get new episodes of Founders Club straight to you inbox: http://eepurl.com/g_L2Ev    Book me to speak: https://olivergraf.tv/speaking   Book a 1-on1 coaching session: https://calendly.com/olivergraf360/vip  

Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com Yes, it is legal to roll the buyer's agent's fee into the purchase price in the form of an increased sale price, but this is subject to negotiation between the buyer and seller. However, there are several key considerations: 1. Appraisal Value: The most important factor is the appraisal. If the buyer and seller agree to increase the purchase price to cover additional costs (such as the buyer's agent fee), the home still needs to appraise at or above that increased price. Lenders will only provide financing based on the appraised value or the purchase price, whichever is lower. If the appraised value comes in lower than the adjusted purchase price, the buyer would need to make up the difference out-of-pocket. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/

In this show we discuss: -Navigating The Recent NAR Buyer Agent Commission Court Ruling ft. Matt Bates -Understanding The Seller Net Sheet When Selling Your Home ft. Melissa D'Ellena -The San Francisco & Silicon Valley Real Estate Market ft. Alan Canas -RIBlogger's Top 5 Mid September 2024 Events Coming Up in Rhode Island!

One of the main form changes in August was how buyer broker/agent compensation is communicated and negotiated. There was a fear that buyer agents commission may go away from many agents. Right now the only change I am really seeing is the buyer agents are often asking for more compensation and getting it.

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – What is the Effect of the NAR Settlement on the Real Estate MarketSegment 2 – How We Help Real Estate Agents Make Better Pay with More Time Off In ColoradoSegment 3 – What Does a Buyer Do if the Seller Refuses to Pay My Buyer Agent CommissionSegment 4 – How to Sell My House Fast in Colorado For Cash – Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Send us a textIn this episode of The Last Honest Realtor podcast, host David Fleming dives deep into one of the most hotly debated topics in real estate today: the value of a buyer agent in 2024. With 75,000 real estate agents in the GTA, opinions are divided, but David cuts through the noise with his candid take on what truly separates the best agents from the rest.David examines the common misconceptions about buyer agents, exploring why some see them as indispensable while others question their worth. He discusses the history of buyer agency, the impact of industry lawsuits, and the real-life scenarios where having an experienced agent can make or break a deal. Whether you're skeptical of agents or considering going it alone, this episode provides the honest insights you need.Throughout the episode, David shares personal stories from his 20-year career, offers strategic advice on navigating the Toronto real estate market, and reveals the negotiation tactics that seasoned agents use to secure the best outcomes for their clients. If you're involved in real estate—or just curious about the inner workings of the industry—this is a must-listen episode.In This Episode:The true role and value of a buyer agent in 2024The history and misconceptions surrounding buyer agencyWhy U.S. and Canadian real estate lawsuits are changing the landscapeDavid's personal stories of negotiation and the importance of industry relationshipsKey factors that differentiate top-performing agents from the restTimestamps:00:00 - Introduction01:00 - The Misconceptions About Buyer Agents07:00 - The History of Buyer Agency: Why Do We Have Buyer Agents?15:00 - Real Estate Lawsuits: U.S. vs. Canada24:00 - The Value of Knowledge, Experience, and Relationships35:00 - Negotiation Secrets: How Top Agents Close DealsDon't Miss:David's take on the current lawsuits affecting the real estate industryA breakdown of the history and evolution of buyer agencyInsider tips on what makes a top agent stand out in a crowded marketSubscribe to The Last Honest Realtor on YouTube or your preferred podcast platform. Be sure to like, comment, and share your thoughts on this episode!Support the showSubscribe and Follow:Toronto Realty Group WebsiteToronto Realty Group YouTubeToronto Realty Blog InstagramToronto Realty Blog TwitterToronto Realty Blog Facebook

Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com How to Get the Exclusive Buyer Agent Contract Signed in 5 Steps Fact: If you're not offering something your clients can't do on their own, why would they hire you, let alone pay your fee? Goal: Provide such overwhelming value that your clients can't stop talking about you to their friends! Aim for repeat business, referrals, and a continuous cycle of success. 1. Present Professionally to Buyer Clients Treat your buyer clients with the same professionalism you offer your listing clients. Use our Buyer Presentation to clearly outline: The buying process. Your role and the buyer's role. How you'll work together to achieve their goals. Note: As competition for buyer business increases, this approach will set you apart. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – Will House Prices Go Down in Colorado This Fall or WinterSegment 2 – How to Choose the Best Real Estate Agent When Selling Your Colorado HouseSegment 3 – What is the Best Day of the Week to Reduce the Price of a House in ColoradoSegment 4 – Do I Need to Pay a Buyer Agent When Purchasing a House in ColoradoYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Teri Frye, sales associate of the Frye Team, joins host Carol Morgan for this week's Atlanta Real Estate Forum Radio episode. In this podcast segment, Frye discusses the NAR settlement and what that means for homebuyers and agents. Frye works alongside a team of four agents, including her husband and son, representing homebuyers and sellers across the metro Atlanta area. With its smaller team, the Frye Team offers clients a more personal experience. The NAR settlement has been a hot topic amongst housing professionals, but what does it mean for those looking to buy or sell their homes? Well, that is a little complicated. Now anyone seeking help from a real estate agent will need to negotiate commission or compensation upfront with their agent and sign a buyer brokerage agreement (BBA). Agents can no longer include the commission in the price of any home listed in the multiple list service (MLS). Of course, the goal is to have the commission compensated by the seller, but not all sellers will offer the full 3%. “The Fry Team has always offered guaranteed services, which gives the buyer and or seller the option to cancel the agreement at any time,” said Frye. “We would never stand in the way of a buyer or seller getting what they want.” How will Appraisals be impacted? Appraisal can also be a sticky situation for homebuyers, but enlisting an agent can help. In Georgia, if there is an appraisal gap, buyers have three options: the seller can agree to reduce the price the buyer and seller can agree to meet somewhere in the middle or anywhere in between or buyer has a right to terminate. Buyers are not obligated to purchase if the home does not appraise, especially if that is a contingency in the offer. “Most sellers have a lot of equity, and I think you just have to know the market,” said Frye. “If you're going in blindly, you have room for error. You have to do your homework on the front end and really understand the market, understand the homes, the comps, what it means. We actually do the work and attempt to help the appraiser.” Frye's biggest advice for buyers is to do their research when looking for an agent. Find out what agents bring to the table and how that benefits you in your home shopping experience. Buyers browse online and get lots of details about potential homes, but hiring the right agent can take you even further. Buying a home is a big financial step, which is why representation matters. The median home price in Atlanta is currently in the $500,000s and going upward. A quality agent can help you navigate the buying process smoothly with knowledge of the market, legalities and the buyer brokerage agreement. The Frye Team is committed to offering guaranteed service for clients whether it is their first home purchase, second or third! Fry said, “People don't do this every single day, and I think having the understanding, the compassion, and really walking them through the steps and helping them to the bottom line matters.” Tune in to the full interview above to learn more about The Frye Team or visit www.FryeTeam.com.  A special thank you to Denim Marketing for sponsoring Atlanta Real Estate Forum Radio. Known as a trendsetter, Denim Marketing has been blogging since 2006 and podcasting since 2011. It is currently working on strategies for the Google Helpful Content update and ways to incorporate AI into sales and marketing. Contact them when you need quality, original content for social media, public relations, blogging, email marketing and promotions. A comfortable fit for companies of all shapes and sizes, Denim Marketing understands marketing strategies are not one-size-fits-all. The agency works with your company to create a perfectly tailored marketing strategy that will adhere to your specific needs and niche. Try Denim Marketing on for size by calling 770-383-3360 or by visiting www.DenimMarketing.com. The Atlanta Real Estate Forum Radio “All About Real Est...

Ready for the easy button on postcards? Check out ⁠www.GEOsential.com⁠ Join the free Mailer Bootcamp to send your first (or next!) 10X Mailer: ⁠www.MailerMomBootcamp.com⁠ I help Real Estate Agents develop BRANDED content that will position them as the AREA EXPERT through proven strategies to rapidly grow their business and position them as the area expert that everyone wants to work with to buy and sell their home! 2 bestselling books on Postcards for Real Estate Agents are available on Amazon: *Success with Real Estate Mailers *Success with Just Listed & Just Sold Postcards

In this episode, we're diving into a topic that's on everyone's mind lately: How to approach talking to listing agents about buyer agent commissions. Thanks to the recent NAR ruling, this conversation has become inevitable, but that doesn't mean it has to be intimidating. We'll walk you through strategies to navigate these discussions with confidence and clarity, ensuring you and your clients are well-represented.Links Mentioned in this Episode:Episode 174: Are you ready for the change?Download the FREE 6 Steps to 6 Figures eBookJoin the Real Estate Bestie Facebook Community ➡️ https://rosemarylewis.com/facebook

The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker's TMSpotlight, a macroeconomic perspective on the economy with a music parody. That leads to Matt Graham of MBS Live providing you a rate & market update, followed by David Kittle, Chief Executive Officer @ Cypress Mortgage Capital, to discuss mortgage originations. Then we have Alice Alvey of Union Home providing a regulatory & legislative update, then Allen Pollack giving us a Tech Report on the latest technology impacting our industry. We also have commentaries provided by our Consultants, Bill Corbet and Marc Helm, Senior Executive Partner @ Transformational Mortgage Solutions, talking about Loan Servicing and the “Agencies”.

Are you a homebuyer in Arizona? Major changes have just hit the real estate market, and it's essential to stay informed! In this episode of the State 48 Homeowner Podcast, seasoned realtor Rick Collins joins the conversation as we dive into the recent shift requiring buyers to sign agreements before touring homes, a direct result of the NAR settlement. Whether you're a first-time buyer or a seasoned investor, understanding these new requirements can save you time, money, and headaches.  We discuss everything from the impact on casual home tours to how to choose the right agent for your needs. Rick shares his extensive experience, having sold over 500 homes, and gives you the insider tips on navigating this new landscape. Plus, learn the four crucial steps to picking the perfect real estate agent in today's fast-changing market. Don't miss out on this essential guide to Arizona's real estate changes! Make sure to like, subscribe, and hit the notification bell to stay updated with all the latest real estate news and tips.

In this episode, we uncover the real costs behind buyer's agent compensation and why it's never as "free" as it seems. Learn the essential details every homebuyer needs to know, especially with upcoming changes in the real estate market. Tune in to stay ahead and make informed decisions on your home-buying journey. Follow me on my social media channels for more tips and updates: Instagram:⁠www.instagram.com/CarrieJolittle⁠ TikTok: ⁠https://www.tiktok.com/@carriejolittle⁠ LinkedIn: https://www.linkedin.com/in/carriejolittle/ Podcast: https://podcasters.spotify.com/pod/show/carriejolittle --- Support this podcast: https://podcasters.spotify.com/pod/show/carriejolittle/support

In this episode of Rethink Real Estate, host Ben Brady delves into a troubling trend affecting today's housing market: buyer's agents submitting overinflated offers laden with contingencies. Ben discusses the tactics where agents encourage clients to bid significantly above asking price, only to attach a string of contingencies that delay the closing process and, in most cases, derail the sale entirely and fall out of escrow at a later date. This practice not only frustrates sellers but also skews their expectations about the value of their home, leading to prolonged days on the market and, ultimately, a lower final sale price. Ben shares a firsthand account of a transaction where sellers were enticed by an unrealistic high offer, overlooked a solid before auction offer, and ended up losing $10,000 on their home sale due to these Buyer Agent tactics.

Navigating the ever-changing landscape of real estate commissions can be challenging, especially in light of the recent NAR lawsuit verdict.In this episode, we break down the NAR lawsuit verdict and its implications for real estate agents. You'll learn practical strategies to navigate these changes, understand how to effectively discuss buyers' agent compensation, and gain insights into maintaining a competitive edge in the real estate market.Join us as we dive deep into the real estate commission lawsuit, discussing its impact on buyers' agent compensation and how cloud-based brokerages like eXp Realty are adapting.Don't miss out on this essential information! Watch the epsiode now to equip yourself with the knowledge and tools you need to thrive in the current real estate market.If you find this episode helpful, make sure to like, comment, and subscribe for more real estate tips and updates. Also, share your thoughts on the NAR lawsuit and how it's affecting your business in the comments below!

Join us as we dive into the world of real estate advocacy with Ryan McLaughlin, CEO of the Northern Virginia Association of Realtors (NVAR). Ryan shares his unique journey from a career in politics to becoming a pivotal figure in the real estate industry. He discusses the critical role of local Realtor Associations, the importance of adapting to change, and how realtors can leverage available resources to stay ahead in a rapidly evolving market.In this enlightening episode, Ryan McLaughlin, CEO of NVAR, discusses his transition from politics to real estate, the structure and significance of Realtor Associations, and the pivotal role local boards play in representing and advocating for realtors. Ryan emphasizes the necessity of embracing change and making bold moves to shape the industry's future. He also highlights the upcoming changes in the real estate sector and stresses the importance of realtors demonstrating their value to clients.

Watch as Brian Icenhower interviews Shelly Koenigsfeld to learn how Realtors can justify buyer agent commission in their consultations. Order The High-Performing Real Estate Team: https://therealestatetrainer.com/high-performing-real-estate-team/ Subscribe for more real estate videos and real estate resources: http://bit.ly/2P70Avb Check out Brian's online courses here: https://courses.therealestatetrainer.com/ For free materials, great educational resources, and more information about our Coaching Programs, visit TheRealEstateTrainer.com. Where You Can Find Us: Website: https://www.therealestatetrainer.com/ Facebook: https://www.facebook.com/TheRETrainer/ Twitter: https://twitter.com/bicenhower YouTube: https://www.youtube.com/user/brianicenhower/ Pinterest: https://pinterest.com/realestatetrainericc/

In this episode of the Hyperfast Show, Dan Lesniak addresses a common concern among real estate agents regarding the recent NAR settlement and its impact on seller-paid buyer agent commissions. Dan explains that sellers have never been required to pay these commissions, but it has been a common practice for over 30 years as a way to incentivize buyer agents and drive traffic to listings. He emphasizes the importance of educating sellers on the benefits of offering a buyer agent commission, citing data that shows increased traffic and better results for sellers who do so. Dan also discusses how the evolving market conditions and legal changes will bring more transparency and proof of the effectiveness of this practice. He encourages agents to confidently explain these points to their clients and adapt to the upcoming changes in the industry.   If you are ready to join eXp realty and would like Dan Lesniak and Keri Shull to personally sponsor you so you have access to two nationally recognized coaching programs text 703-638-4393.   Join Dan as he discusses:    - **Clarifying Seller Misconceptions:** Dan Lesniak addresses common misconceptions among sellers regarding the necessity of paying buyer agent commissions, explaining the historical context and the current legal landscape.   - **Benefits of Offering Buyer Agent Commissions:** Dan discusses how offering a buyer agent commission can drive more traffic to a listing and result in better outcomes for sellers, using data and examples to support his points.   - **Adapting to Market and Legal Changes:** Dan highlights the importance of adapting to the evolving real estate market and legal changes, emphasizing the need for agents to educate their clients and embrace new practices to stay competitive. Notable Quote   "Getting rid of compensating the buyer's agents from the seller side has not been proven to get sellers a higher net at the end of the day; it's going to reduce traffic. You have to look at the buyer's agent fee as a marketing tool."  - Dan Lesniak WANT TO GET ACCESS TO ALL OUR HYPERFAST AGENT COURSES FOR A $1 TRIAL? Click here for a trial membership in the Our Inner Circle. KEEP UP WITH US HERE Website: https://hyperfastagent.com  Instagram: https://www.instagram.com/HyperFastAgent/  Facebook: https://www.facebook.com/HyperFastAgent/ Twitter: https://www.twitter.com/hyperfastagent  LinkedIn: https://www.linkedin.com/company/hyperlocal-hyperfast/    OUR OTHER EXCLUSIVE YOUTUBE CHANNELS  The Keri Shull Team: https://youtube.com/kerishullteam  Dan Lesniak - https://www.youtube.com/danlesniak    THE BOOK THAT HELPED 10K+ REALTORS https://amzn.to/2Mkm9Jp   GET DAN'S BEST SELLING BOOK FREE https://bit.ly/3dbiH3q    INTERESTED IN TAKING YOUR REAL ESTATE BUSINESS TO THE NEXT LEVEL?  https://bit.ly/3eLG97Z

Our industry is in the middle of a perfect storm that will demolish agents who are unequipped to deal with what's ahead: http://ProctorConsult.com What Every Buyer Agent Must Do In a Post-Disrupted Real Estate World Craig Proctor's Real Estate Success System has created more Millionaire Agents than any other coach or trainer. Leveraging his own highly successful 20+ year real estate career (selling 500+ homes/year and twice #1 for RE/MAX Worldwide) Craig Proctor helps agents transform their real estate jobs into highly lucrative real estate businesses, teaching them how to earn more and work less. #CraigProctor #realestatecoaching ​ #realestate #CraigpProctorcoaching Book a Call Here: http://ProctorConsult.com

Rockstar coach, Jess Stone, talks with Hana about the positives of working with buyers. We discuss vetting questions, finding the right lender, helping them with pre-approval, buyers' agreements, and what can go wrong and how to handle it. (This is part 2 of 2)

Today's question comes from Jonathan who asks. Your recent episode on the NAR lawsuit settlement left me with a question. From what I understand, NAR recently settled the class action lawsuit and buyer's will be required to hire and pay their own buyer agents. You mentioned in that episode that the practice is now matching what was already the practice in commercial real estate. So when you are buying commercial real estate, do you actually hire buyer representation? As a commercial investor, should I pay for buyer representation? ------------ Host: Victor Menasce email: podcast@victorjm.com

It's time to polish your Buyer Process. There has never been more urgency than now to ensure you're operating professionally, showing your value, and staying compliant! Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206  IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com Get out of freak-out mode and into action so you can survive the changes and thrive in the new market. Just in case you've had your head in the sand for the past week and a half, there are two significant changes to pay attention to as a result of the NAR Commission's Lawsuit Settlement. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/  The settlement agreement mandates two critical changes to how members and MLS participants transact.   #1:  NAR agreed to create a new MLS rule prohibiting offers of compensation on the MLS. This would mean that offers of compensation could not be communicated via an MLS. Still, they will continue to be an option consumers could pursue off-MLS through negotiation and consultation with real estate professionals.  Remember: just because commission isn't listed in the MLS does not mean that commissions have disappeared.  Don't believe the media; they're wrong! Ready to become an EXPIRED Listing Agent? As promised, here is the discount link for the EXPIRED LISTING LEADS: https://www.redx.com/affiliate/tim-and-julie-harris/ #2:  NAR also agreed to create a new rule requiring MLS participants working with buyers to enter into written representation agreements with their buyers before the buyer tours a home. NAR has long encouraged its members to use written agreements to help consumers understand exactly what services and value they provide and for how much. REAL ESTATE LEADS, LEADS and more LEADS: Question: What is Tim and Julie Harris's favorite PROBATE LEAD PROVIDER? Simple, alltheleads.com/harris   Today, we'll concentrate on #2.  What is your plan to obtain a buyer's signature on the representation agreement?  What is your experience with this so far?  You probably fall into one of these three categories: 1.  No problem. You've been doing this for months, years, or even decades. You have a presentation and a buyer system, and it's business as usual for you. You're relieved that now, everyone will have to be as professional as you've been!  Nice work! 2.  What are you talking about? I work with people who already trust me, and I've never had to worry about their loyalty.  How do I ask a friend to sign an agreement with me? 3.  What's a Buyer Agency Agreement? You've only completed the state agency form and have yet to really consider this. Whatever category you fall into, it's time to get serious about following a system that will result in the required agreement. This isn't just to be compliant; it's to have a transparent, specific agreement and expectations with your buyer clients. Of course, we drill down on this more completely in Premier Coaching.  On this podcast, we're giving you an overview.   Your 8-Step Buyer System 1.  Generate the lead.  Things to consider:  Where do your buyer leads come from currently?  What are you spending (or not spending) per lead?  

We talk with Stuart Jones from Jones Property in Sydney about some people paying $20,000 for just one square meter of land, or even more in some pockets of Sydney. And things to know about before engaging a Buyers Agent. ► Subscribe here to never miss an episode: https://www.podbean.com/user-xyelbri7gupo ► INSTAGRAM: https://www.instagram.com/therealestatepodcast/?hl=en  ► Facebook: https://www.facebook.com/profile.php?id=100070592715418 ► Email:  myrealestatepodcast@gmail.com    The latest real estate news, trends and predictions for Brisbane, Adelaide, Canberra, Gold Coast, Sydney, Melbourne and Perth. We include home buying tips, commercial real estate, property market analysis and real estate investment strategies. Including real estate trends, finance and real estate agents and brokers. Plus real estate law and regulations, and real estate development insights. And real estate investing for first home buyers, real estate market reports and real estate negotiation skills. We include Hobart, Darwin, Hervey Bay, the Sunshine Coast, Newcastle, Central Coast, Wollongong, Geelong, Townsville, Cairns, Ballarat, Bendigo, Launceston, Mackay, Rockhampton, Coffs Harbour.     #sydneyproperty #Melbourneproperty #brisbaneproperty #perthproperty 

Brett discusses the recent headlines regarding the National Association of Realtors proposed settlement and how this will affect real estate brokers, home sellers, & home buyers.  Brett breaks down how things currently work, in most cases, and what changes might look like in the near future.  Brett also dispels many of the myths and mis-information being reported by so-called "journalists" that do not understand the topic in which they claim to report on. Brett PopishNMLS 253202Prosper Mortgage Group, LLCNMLS 2490880Equal Housing Lender Connect with Brett on Facebook, Instagram, & X @BPOP80Watch full length episodes on YouTube at https://www.youtube.com/@brettpopishBe sure to rate this podcast on whatever platform you're listening on and remember #BeDEFIANT#OwnYourFuture

On your Berkshire Hathaway Home Services Family Realty Podcast, realty expert, Jon Broden, is in the studio talking about why listing agents should offer buyer agent commissions" Show is recorded at Grand Forks Best Source. For studio information, visit www.gfbestsource.com #grandforksnd @grandforksnd @THECHAMBERGFEGF #realestate #market #equity #grandforksbestsource #grandcities @homesgrandforks #berkshirehathaway

Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206  IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market.  Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/ Before we get into some scripting, you must know the following information and statistics to properly handle the objection: -How many agents are in your MLS? -What percentage of homes in your market change hands using two brokers? In other words, how often is there a cooperative situation between listing and buyer's agents? -Any forms your board requires for commission agreements. -What percentage of your listings do you sell yourself? (Use your broker's numbers if you don't have averages yet) And ALWAYS: Prepare a Seller's net sheet showing a low, medium, and high purchase price, including the buyer's side commission as well as your listing commission. Seller's Objection to you, their Potential Listing Agent SELLER: (any of the following) “I don't want to pay the buyer side commission.” “I heard we no longer have to pay for a buyer agent's commission” “I heard it's legal now to not pay for the other agent's fee.” “I only want to pay X % total.  How does that work?” It's all the same objection, essentially: “I don't want to pay for the buyer's agent.” YOU: “That's true, you're not ‘required' to offer the buyer's agent a commission, but you certainly COULD.”   (Pause!).   Note: you WANT the Seller to ask you:  SELLER:  “Why is that?” YOU:  “I'm glad you asked.  You might want to consider offering to compensate an agent who brings the buyer for your home.”      #1:  X number of agents belong to our MLS.  We want them ALL to be excited to show your home to their qualified and motivated buyers.  If your house is right for their buyers, we want them to write an acceptable offer, wouldn't you agree?   (Seller: YES). “We need to be able to compensate those agents for their hard work.  Not just for bringing them to a showing, but making sure their financing is in line, they handle the inspections properly and all of the other things they do for their part of the transaction.”   “For this reason, you may WANT to offer to pay the buyer's agent.” YOU:     #2:     “Buyers in today's market are having to come up with a whole lot more money to purchase a home than they did just a couple of years ago.  Between the higher purchase prices, larger downpayment funds, and bigger monthly payments, there's not much left to pay out of pocket for another expense.” “They're cobbling together lots of funds to make the purchase.  If they have to also pay out of pocket for their agent, it could work against us.  They could be taken out of the market completely, or at least out of the market for listings that don't include the buyer agent's compensation.   “It's not really up to the agent to decide which homes they show or don't show to their qualified and motivated buyers.  The buyers themselves may ask to only see homes that include their agent's fee.” “I'm sure you'll agree that we don't want to limit our buyer pool if we don't have to.  You might WANT to offer to compensate the other agent.”

In this episode, we delve into the world of open houses, uncovering the secrets to maximizing their impact and turning them into lead-generating powerhouses. Whether you're a seasoned real estate agent or just starting out, the insights shared here will help you elevate your open houses to the next level. First, we discuss the importance of preparation. From cleaning and staging to marketing and signage, every detail counts. We explore innovative ways to attract potential buyers, including social media strategies and community outreach. Next, we tackle the challenge of getting valid leads. We reveal proven techniques for engaging with visitors and qualifying leads effectively. Learn how to ask the right questions and leverage technology to capture contact information and follow up with leads. Join us as we uncover the keys to hosting successful open houses that not only attract a crowd but also generate quality leads. Whether you're aiming to sell a property or build your client base, this episode is packed with actionable tips to help you succeed.

One of the most important roles a realtor can fill is the Buyer Agent. A home purchase is usually the most significant purchase people make in their lifetimes, and the Buyer Agent helps make sure the process is a smooth one. A good Buyer Agent should be a resource for their client, one who paves the path for them to reach their goals.  In today's episode of Inside the Canopy Files, Tiffany Johannes and Charisma Smith talk about what a Buyer Agent does on a daily basis, how they anticipate their client's needs, and share some of their own personal experiences with being a Buyer Agent.  

On today's episode, Editor in Chief Sarah Wheeler talks with Will Fried, senior data scientist at True Footage, about the study he helped create on buyer agent steering. Related to this episode:DataDigest: Yes, buyer agents steer clients, new study claimsHousingWire's YouTube ChannelEnjoy the episode!The HousingWire Daily podcast examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted and produced by the HW Media team.

Listen now as Tim and Julie Harris discuss exactly what agents should be doing now as a result of the commission sharing lawsuits.  Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris? https://whylibertas.com/harris or text Tim directly 512-758-0206 IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://members.timandjulieharris.com 1.   Commit to using a Buyer Presentation to 100% of your buyer prospects, 100% of the time.  In your presentation, you will discuss what the buying process is, what your buyer client can expect from you, what you expect from them, how Agency works, and how you'll be paid.  2.   Always state the fact that commissions are now and have always been negotiable. The fees or percentages are set by the broker and their client.  REAL ESTATE LEADS, LEADS and more LEADS: Question: What is Tim and Julie Harris's favorite PROBATE LEAD PROVIDER? Simple, https://alltheleads.com/harris 3.   Have your Buyer Presentation as early as possible in the relationship and practice maximal transparency regarding both their choices and your terms.  4.   When presenting to your Seller prospects, be very clear in discussing how offers of compensation are made from a listing broker to a buyer's broker. Be clear about terms and amounts and always present a Seller's Net Sheet. Ready to become an EXPIRED Listing Agent? As promised, here is the discount link for the EXPIRED LISTING LEADS: https://www.redx.com/affiliate/tim-and-julie-harris/?aff_code=670699 5.   Know how to present several different scenarios to your buyer clients regarding how you will be compensated:  -Through offers of compensation via the listing broker of the home they wish to purchase, asking for seller's concessions if that offer for your compensation isn't present, a combination of both, or simply paying out of pocket if you're not otherwise covered.  When and How Should You Discuss The Lawsuits and Verdicts With Your Prospects and Clients?   Talking Points. Note: Don't bring up the lawsuits as a talking point with prospects, clients, or customers unless they ask you to. (Don't create an objection where there isn't one!) It's a fluid situation that we will keep you updated on. If you do get questions about the lawsuits, try to keep your conversations short and factual.  Here are some talking points to help: 1. The National Association of Realtors (NAR), has stated they believe the jury in the Sitzer Burnett case reached an outcome that is '"neither supported by the law nor the facts presented in the case". NAR plans to appeal. The appeal process could take months to get resolution. Currently, nothing has changed.   2.   The trial was concerning a rule, which is already quite consumer-friendly. That rule applies to local MLSs where listing brokers offer compensation to buyer brokers who have introduced a buyer client who wishes to purchase a listed home.   3.   Remind the person you're speaking to that agents and brokers are paid $0 until a closing occurs, and that closing is based on the written agreement between the buyer and seller.  4.   The way commissions are paid has created an efficient, market-tested, transparent sales environment where sellers often receive more showings and more offers, and sell their homes in less time at a higher price than had they not offered buyer broker compensation.  5.   Communication and transparency is key.  If and when commission practices change, we will keep you updated with new presentations and scripts through Premier Coaching, as we always have!

Real Estate Agents: Are you finding it challenging to determine which of your buyer leads will actually buy? Will they buy with YOU? Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris? https://whylibertas.com/harris or text Tim directly 512-758-0206 IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://members.timandjulieharris.com Facts: -There are more buyers in today's market than there are listings to sell them. -Even when your buyers are both motivated AND qualified, you have no guarantee that you'll find them the right house, win a potential bidding war, and soon you may have to worry about how you'll get paid for your hard work. Prequalification just became more important than ever! How do you determine which of your buyers will actually turn into a closed transaction?  Who should you set appointments with to have a Buyer Presentation and get the Agency and Exclusive Agency documents signed? REAL ESTATE LEADS, LEADS and more LEADS: Question: What is Tim and Julie Harris's favorite PROBATE LEAD PROVIDER? Simple, https://alltheleads.com/harris The Buyer Prequalification Script is simply a conversational outline, using questions to find out the following from your buyer prospects.  After using the Buyer Prequalification Script, you'll then meet your buyer prospects and use your Buyer Presentation to solidify your relationship, how you work, and how commissions work. Today we are showing you just a few questions from the Buyer Prequalification Script. For the full script as well as the Buyer Presentation, simply join Premier Coaching for free today. 1.   "I assume because you're calling/emailing/texting me directly, you're not already working with another agent?" This question happens early in the script so you can skip the rest of the script if they're already committed to another Realtor. 2.   "What price has your lender told you NOT to go above?"  This question covers all of the bases with regard to finding out about their financing. When you ask this question, they'll tell you if they're all cash. They'll tell you that they haven't got a lender yet, they'll tell you if they're pre-approved, and what price not to go over. Instead of asking all of those individual questions, the script "What price has your lender told you not to go above" gets straight to the answer. Ready to become an EXPIRED Listing Agent? As promised, here is the discount link for the EXPIRED LISTING LEADS: https://www.redx.com/affiliate/tim-and-julie-harris/?aff_code=670699 3.   "Which home in the neighborhood do you plan on selling?"  This helps you determine if they are also a listing lead! Note: many agents never ask this question when they get buyer leads. Don't make this mistake! Many buyer leads are listing leads in disguise. 4.   "Paint me a picture. Ideally, what are you looking for in your next home?" The more you can drill down on the prospect's needs, the faster you can find what they want. This is critical since you may have to proactively find off-market homes for the prospect if what they desire simply isn't in the MLS. Sign up for Premier Coaching today to get the full script, as well as the seller (listing) prequalification script, Pre Listing Package, Listing Presentation, and yes, the Buyer Presentation which results in a signed Buyer Representation Agreement. 

Recent news reveals thousands of Midwest home sellers now have the opportunity to challenge real estate fees through a class action lawsuit. Allegations of conspiracy and inflated commissions have sparked debates about the relevance of buyer agents in today's market. We will meticulously analyze the implications for both buyers and sellers in a detailed exploration. Rest assured, we won't leave you hanging without solutions. Expert guests will provide invaluable insights and strategies to help you navigate this ever-changing landscape. Together, we will explore alternative approaches to buying and selling homes, empowering you with knowledge and wisdom. Join us on this thought-provoking episode as we delve into the buyer agent lawsuit in Missouri. Discover whether the traditional role of buyer agents is undergoing a transformation and gain essential strategies to adapt and thrive in the dynamic real estate market. Tune in now to acquire valuable knowledge and get ahead of the game! Embrace the future of real estate and secure your success. The lawsuit's revelation reinforces the necessity of building a micro team in today's real estate landscape. Join us as we explore the benefits and strategies of forming a micro team, equipping you with valuable insights to maintain a competitive edge. In recent years, the real estate industry has experienced a shift in dynamics, challenging traditional practices through lawsuits. The buyer agent lawsuit in Missouri serves as a prime example of this shifting landscape. Rather than viewing it as a setback, we regard it as an opportunity for growth and innovation. A micro team provides a powerful avenue for adaptation in this evolving market. By establishing a close-knit group of professionals, you can harness each other's strengths, pool resources, and deliver exceptional service to your clients. We will delve into the advantages of collaborative work and outline strategies for building and managing a successful micro team. Join us on this captivating episode as we explore the buyer agent lawsuit and its affirmation of the importance of a micro team approach. Discover why this strategy is more crucial now than ever before and gain practical tips for its effective implementation. It's time to embrace the future of real estate by forming a dynamic micro team poised to thrive in today's ever-changing landscape.    MicroTeamFormula Find out more at our WEBSITE SOCIALS: Facebook. I  Instagram. I Youtube  

Thanks for tuning in! Check out our latest episode on Selling Real Estate with Kelly Cook!  Today, we're going to be talking about the current NAR Lawsuits and how they'll impact the future of Real Estate and the careers of Real Estate Agents! Have you heard about the current LAWSUITS - yes multiple lawsuits - regarding NAR as well as Buyer Agencies & Commissions? If the answer is NO then you're behind the times! This podcast will cover ALL the things you must know about these lawsuits, and how to prepare for the future to protect your commissions. This a podcast that you WON'T want to MISS!! Stay tuned! Want to be a guest on our podcast? Email marketing@cookandassociatesaz.com OR kelly@cookandassociatesaz.com Selling your home? Get a free Home Price Evaluation http://www.myhomevaluecalculator.com Kelly Cook, MBA Cook & Associates, PC REAL Broker 14201 N Hayden Rd, Ste C-4 Scottsdale, AZ 85260 480-442-9868 kelly@cookandassociatesaz.com CookandAssociatesAZ.com

What To Do If Buyer Agent Compensation Is Not Guaranteed! - Ep 194   On this episode of the Realtor Jail, Jenn, Rachael, and Saul are addressing the question, “What To Do If Buyer Agent Compensation Is Not Guaranteed!” Will it be better for Buyer Agents or will this cause more fallout and lawsuits?  Tune in and find out!   Episode Highlights:  Jennifer talks about the topic and asks Saul for more context, why is there guaranteed compensation? Saul says there is a case that challenges the clause in the MLS guidelines, which is the Broker Compensation Clause. Since the 90's the MLS has had an of compensation, that allows competitors to cooperate and to create a robust marketplace Jenn understands, that as the buyer, she paid the buyer agent commission through the offer but she wasn't able to negotiate it. In this case, they are sellers. The sellers said when the listing agent took the listing, they were going to charge 5% and then they were going to split that with the person who brings in the offer. Jenn says that if she were the seller if given the option to pay the buyer's agent a certain amount, she would not pay them anything because the buyers should pay them. Saul agrees that this would happen if the Seller have no knowledge about the marketplace Saul argues that this is why nationwide, commissions offered to buyers' agents are fairly consistent. Currently, it is known that you will get a commission when you find a buyer and the deal is sealed and there is no need for a written agreement. What if that is not the case anymore? Jenn says that that will make their dream come true, that all agents representing buyers will have a written agreement for their fee. In this litigation, that's the best course of action. Saul says that there are issues that will come out of this. The idea behind agency disclosure was explaining the way consumers can be represented in a real estate transaction Saul says that the best course of action to mitigate liability in real estate today is to get a Buyer Broker Agreement. 3 Key Points: Saul says there is a case that challenges the clause in the MLS guidelines, which is the Broker Compensation Clause. Since the 90's the MLS has had an of compensation, that allows competitors to cooperate and to create a robust marketplace.  Currently, it is known that you will get a commission when you find a buyer and the deal is sealed and there is no need for a written agreement. What if that is not the case anymore? Saul says that the best course of action to mitigate liability in real estate today is to get a Buyer Broker Agreement. Resources Mentioned:  Jenn Murtland LinkedIn | Facebook | (513) 400-1691 | Website | Instagram https://jennifermurtland.com/Vault/ Monica Weakley website | LinkedIn | Facebook Real Estate Fight Club Podcast  Facebook page | Instagram | YouTube Rachael Real | rreal@dealwithreal.com |  (630) 542-8688 | https://www.rachaelreal.com, http://Facebook.com/RachaelRealEstate Saul Klein  Saul@bettercallsaul.realtor , dataadvocate.com, Real Talk Text Buyer Agreement to 513-400-1691   Thank You To Our Incredible Sponsor Partners (Get Great Discounts with these links) Ghostpostr - https://www.ghostpostr.com/ (Get It For FREE!)   Pipeline Pro Tools - https://pipelineprotools.com/fightclub/   RedX - https://www.theredx.com/fight-club/ Achosa - https://www.achosahw.com/  (Use the Code FightClub)

Rob Shank is the owner and broker of Crossed Arrows Real Estate and a teacher at Crossed Arrows Real Estate School in Cheyenne Wyoming. Rob talks with Victoria Ray Henderson the host of Listen Up Home Buyers. Victoria is the owner & broker of HomeBuyer Brokerage serving home buyers in Washington D.C., Virginia, and Maryland. :55  How real estate representation works1:10 Exclusive buyer agency and fiduciary relationships with clients1:21  Description of the listing agent role and the buyer agent role in real estate1:55 Why did Rob join the National Association of Exclusive Buyer Agents2:09 More on how real estate representation2:30 Description of Wyoming real estate representation3:08 The role of a Real Estate broker in Real estate3:34 Clients have a relationship with the broker and brokerage, not the individual real estate agent4:45 Buyer agents and listing agents work under the supervision of a broker. 4:08 What happens when the broker is representing a buyer purchasing a listing from the brokerage5:20 How can a broker be neutral in many of these relationships?5:55 The slippery slope of real estate representation6:27 A buyers agent should never act as a salesperson6:47 New marketing slogan, 'We're not going to sell you a house. We're going to help you buy one'7:08 How buyer agents get paid7:32 Exclusive buyer agency is a different mindset for the real estate agents who only work for home buyers7:56 Exclusive buyer agency is a specialty.8:20 Exclusive buyer agency brings concierge service to home buyers8:48 Crossed Arrows Real Estate is the first exclusive buyer brokerage in Wyoming          

Predicting Results Based on Your Habits. Real Estate Coach Dan Rochon of No Broke Months for Real Estate Agents talks about predicting results based on your habits. He explains that analyzing how much time you dedicate to following up with leads and identifying which strategies are most effective can make you informed decisions and adjust your approach to achieve better results. Learn more about predicting results based on your habits in this new episode of No Broke Months for Real Estate Agents.--To find out more about Dan Rochon and the CPI Community, you can check this link:www.NoBrokeMonths.com --Stop

Helping Buyers Prove Their Documents to Lenders.Real Estate Coach Dan Rochon of No Broke Months for Real Estate Agents talks about helping buyers prove their documents to lenders. He explains that agents can make the buying process smoother and more efficient for their clients by providing guidance on the necessary documents and ensuring they are properly prepared.Learn more about helping buyers prove their documents to lenders in this new episode of No Broke Months for Real Estate Agents.--To find out more about Dan Rochon and the CPI Community, you can check this link:www.NoBrokeMonths.com --Stop

Importance of Notes to Check the Property.Real Estate Coach Dan Rochon of No Broke Months for Real Estate Agents talks about the importance of notes to check the property. He explains that taking thorough and accurate notes can help potential buyers or investors avoid costly mistakes by identifying potential issues or concerns with the property.Learn the importance of notes to check the property in this new episode of No Broke Months for Real Estate Agents--To find out more about Dan Rochon and the CPI Community, you can check this link:www.NoBrokeMonths.com --Stop

Today, Rick, Kathy and Tony are joined by Real Estate Agent  Lynne Scouten from Leading Edge Real Estate located in Reading MA,  to discuss the Importance of Having a Buyers Agent.   Contact Lynne today: https://www.chuhascoutenteam.com/   Join us as we broadcast Live every Tuesday at 12:30pm at The Studio 21 Podcast Café above 2 Guys Smoke Shop in Salem NH   If you need a Real Estate Team that can walk you through the purchase of your new home start with Carter Law offices (781) 944-9222   #Leadingedgerealestate #CarterLawOffices #RickCarter #KathyHoltshouser #RealEstateHouseParty #RealEstate #TonyV #BostonComedy #Studio21PodcastCafe #UnitedPodcastNetwork

On this episode of the Real Estate Fight Club Podcast, Jenn and Monica duke it out over whether or not a buyer's agent should present offers directly to the seller. Monica sees a potential disaster zone in that situation whereas Jenn has a different perspective. Tune in for all aspects around this potential scenario.   Episode Highlights: Jenn shares about a house she just bought in the city with no HOA and her plans for it. Monica says that a buyer's agent presenting directly to the seller sounds like a disaster zone…Jenn says it sounds amazing. Jenn says if it worked this way where buyers agents presented directly to the seller maybe she would represent more buyers, she explains why. Does it depend on who the listing agent is? How would it change how the buyer's agents talk to their buyers? Monica says then are sellers required to sit through all the presentations? Jenn says they should be able to pick a top few. Monica tells Jenn that she thinks it is a great idea because she knows her own level of skill. What about the disadvantages if an agent wasn't great in front of the seller? Monica says that the buyer's agent should be able to convey the needs of the buyer through the contract because that is what it is there for.  What are the real pros and cons to buyer's agents presenting to sellers? Jenn believes that this scenario could raise the sales skills standards in the industry. What about a buyer's agent sitting down with a seller's agent? Monica mentions Ryan Bowan who creates a video to send along with his offers. Would you as an agent make a video to detail the bullet points ? How would you help the buyers seem relatable to the sellers in your offer pitch? Monica and Jenn discuss ideas. What is neuro linguistic programming? What are the concepts?  Monica talks about it briefly. It matters who is on the other side of the deal. Presenting a level of professionalism could be expressed through video. Tiebreaker, Robin Katz, from One Sotheby's in Miami, FL. She believes buyer's agents should have the opportunity to present. She has personal experience with it she shares as well. Robin talks about how things differ from the past and how much more used to be in person and the possible advantages of meeting the sellers in person.    3 Key Points: If buyer's agents could present directly to the seller it would likely change how they talk to their buyers and also improve communication and a clearer understanding of what buyers are right. “Monica says a buyer should not pay for the buyer's agent's inability to have a discussion in front of the sellers. They should be able to convey the buyer's needs through the contract, that is what it is there for”, says Monica. Jenn and Monica discuss the true pros and cons of a buyer's agent presenting to sellers.   Resources Mentioned: Jenn Murtland LinkedIn | Facebook | (513) 400-1691 | Website | Instagram https://jennifermurtland.com/Vault/ Monica Weakley website | LinkedIn | Facebook Real Estate Fight Club Podcast  Facebook page | Instagram | YouTube Robin Katz - (305) 772-7376 https://robinkatzpa.onesothebysrealty.com/ Thank You To Our Incredible Sponsor Partners (Get Great Discounts with these links) Coach John Kitchens - What type of Agent are You? What is your RIGHT Career Path Take this quick quiz and find out - https://www.realestatecareeraccelerator.com/ Ghostpostr - https://www.ghostpostr.com/ (Get It For FREE!)   Cyberbacker - https://cyberbacker.com/ (Get a FREE gift by simply saying you heard it on Real Estate Fight Club) Pipeline Pro Tools - https://pipelineprotools.com/fightclub/    

In today's episode we mix up the format and answer "Questions From The Web" all show. We talk about Buyer/Agent agreements, poaching clients, Zillow FSBO meet-cutes and joining a team. We finish up with "Small Wins." Send us your Questions From The Web to onseekingthebest@gmail.com --- Send in a voice message: https://anchor.fm/seekingthebest/message Support this podcast: https://anchor.fm/seekingthebest/support

Mortgage giants Fannie Mae and Freddie Mac raise loan limits for 2023 Meet Ramez Fahmy a mortgage lender with Caliber Home Loans. He explains what is happening in the housing market in December 2022 and what is in store for 2023.Victoria Ray Henderson is the owner & broker of HomeBuyer Brokerage serving Washington DC, Maryland & Virginia:49  Who are Freddie Mac and Fannie Mae1:00 They are the largest purchaser of mortgages in the country1:20 largest purchasers of mortgages in the country2:04 What is a conforming or conventional Loan?2:24 Home Ready and Home Possible are programs available for home buyers3:00 Why are Fannie Mae and Freddie Mac raising the loan limits?3:47 conforming loans have gone up to $726,2004:07 High-cost areas have higher loan limits 150% higher than other areas4:24 DC Metro area high balance loans are available up to 1 million 89 thousand dollar loan meaning you could do this with only 5% down payment4:45 What are the risks for a home buyer?5:10 important to consult with a mortgage professional to know what you are comfortable spending for a monthly mortgage. Not just what you qualify for but what you are comfortable with each month6:20 Be forthcoming with the lender regarding your monthly costs7: 24 How do you see the raising of the loan limits impacting the market?8:08 Biggest increase seen in a long time percentage wise8:30 Have a frank conversation with a lender who can talk you through this process8:51 Portfolio loans9:35 Seeing more private loans in this market like adjustable rate mortgage programs10:00 30-year fixed mortgages have been the norm but more buyers are considering ARMS and other options10:27 What Chairman Powell said yesterday10:55 downturn in mortgage rates11:15 adjustable rate mortgages are often done with the intent to refinance in the next 12 -24 months11:43 Sensational headlines don't always match what is actually happening in the market12:15 Reacting to headlines-avoid the herd mentality12:50 Market conditions today as compared to a year ago13:33 rates are higher today than a year ago but many buyers are using a temporary buy down14:51 Meet with a lender and develop your plan of actionLearn how to navigate these market conditions   

This episode is for you if you are a buyer getting ready to hit the market!This first-time homebuyer had their agent refuse to submit an offer for them on TWO separate occasions.   This second time, they wanted to offer 4k over asking with 4k in closing costs. Their agent told them it was insulting to offer that and compared their offer to a home that sold for 10K over asking SIX MONTHS AGO.For this episode, we bring in our favorite agent on Tiktok, Kim Drakulich. Kim gets honest with us about why it's baffling that this agent would refuse to submit the offer. She also shares her experience with newer agents who haven't mastered the art of negotiation in a changing market. We also get into red flags you should be looking for when interviewing listing and buyer agents, as well as the one thing Kim thinks consumers misunderstand about agents.Kim's ProfileKim's Tiktok

Key Factors Podcast Join your host Mark Jones while he and Rock Star Real Estate Team Leader Martin Tirado, with REAL Brokers, LLC A few topics covered : - Leadership- Growth and Struggle- Growing a Team- Realtors & Lenders - Who's Smarter with Their Money - Gratitude Download on the go and listen anywhere : https://keyfactorspodcast.buzzsprout.com/shareAbout my Guest: Martin Tirado Contact Martin : Website - https://thetiradogroup.com/Email: thetiradogroup@gmail.comFacebook: https://www.facebook.com/TheTiradoGroup/The Tirado Group was established in 2016 in the San Antonio Market and surrounding areas with a combined 20 years of experience specializing in New Home Sales & Construction, Lots/Land, Listings, Helping Buyers, and Luxury Homes.Our group consists of a Team Leader, Administrator, Buyer Agent(s) and a Transaction Coordinator. We have the sufficient capability to work any Real Estate Transaction with finesse, knowledge, and professionalism. As a team, we strive to provide 100% customer satisfaction for all parties and always look forward to gain trust and confidence so that we may have the opportunity to also work with your family and friends in the future.Martin is a native to the San Antonio area and started his life in Real Estate since his early years. Coming from a family who has been saturated in San Antonio and surrounding areas who specialize(d) in custom home building, Martin realized at a very young age that he was meant for this line of work. Martin received his Real Estate license in 2013 and by 2014, he was named BHHS Don Johnson's Rookie of the year. In 2015, he was inducted into the Honor Society for BHHS.  In 2016, he ranked at the top 7% of the Berkshire Hathaway Company Nationally. In 2018, Martin was ranked as the #7 Top Latino Realtor for the National Association of Hispanic Real Estate Professionals. Martin has a true passion for continuing to grow and help as many families as possible. Martin Tirado is now the Founding leader of The Tirado Group based out of San Antonio, TX, and has built a solid foundation of clients through his real estate knowledge and advisory services. Mr. Tirado has a long record of successfully guiding an array of clients towards their dream of home ownership. Martin specializes in applying his expertise and market knowledge to residential transactions from listing, representing a buyer, lots/land, to new home construction. Martin is a family man with a devotion to God, his wife Yadimar, and two sons, Jacob and Jameson. In addition to being an active volunteer in San Antonio and the surrounding areas, Martin and his wife Yadimar have established an annual back-pack drive with school supplies for the start of the school year for families in need. Martin has been trained and inspired in sales by some of the best leaders in the industry. Along with his team, Martin epitomizes hard work, integrity, and creative service in every detail of every real estate transaction. The Tirado Group works very closely with clients in every transaction detail from the first phone call to the day of closing. Call Martin or his team to go to work for you today!**No it's not your audio... Unfortunately we lost the audio 25 mins into the discussion, but we were able to salvage the back up recording. Please forgive this error as we continue to "Fail Forward" Hop you enjoy : Remember to Like, Share, & SubscribeNew Episodes About#RealEstate#Mortgage #Economy #Growth #Entrepreneur#HousingMarketCrash#CreditRepair #Tips #Mindset #Consistency#Gratitude #Excellence

Is a buyers agent actually worth it?   It's the $64M question or more realistically the $10K to $20K question for a lot of Aussie property investors.   On the show today we have educator Pk Gupta & buyers agent Joe Tucker going head-to-head to debate the question:   Is a buyers agent actually worth it?   Joe Tucker buyers agent & co-creator of the Aus Property Investors Group, debating the positive opinion and arguing why using a Buyers agent (BA) is absolutely worth every dollar    and    PK educator who's very public about his opinion of using buyers agents, debating the negative opinion and arguing why using a buyer's agent is not worth it   Who do you think won the debate?   Check out Joes facebook group: https://www.facebook.com/groups/616524975933101   Check out PK's facebook group: https://www.facebook.com/groups/passiveincomethroughproperty     Join Todd Sloan and a different industry leader each week, as they open up the topics you want to know more about to become a savvy investor.   Want more help understanding how to buy property faster and for less? Get your copy of Todd Sloan's book today: Booktopia: https://www.booktopia.com.au/australia-s-home-buying-guide-todd-sloan/book/9780648980490.html?source=pla&zsrc=go-nz-allstock&gclid=Cj0KCQjwnJaKBhDgARIsAHmvz6f55Kw-l0pKCn0DMNj0TND2qN863sQQR56p98sXAjOUgBQSpwDDQ0waAtLsEALw_wcB Dymocks: https://www.dymocks.com.au/book/australias-home-buying-guide-by-todd-sloan-9780648980490?gclid=Cj0KCQjwnJaKBhDgARIsAHmvz6etuq25nQ2CSirN8z-UHAIshbp5MxeuD7ECMvs5Oghg2Pab34Fyl0QaAuQhEALw_wcB   YouTube Pizza & Property: https://www.youtube.com/channel/UCgXX6ibW7WEFbWkf-jslDvQ?view_as=subscriber Facebook Pizza & Property: https://www.facebook.com/Pizza-and-Property-2111096335696398/?modal=admin_todo_tour ASK YOUR LISTENER QUESTION BY VISITING THE WEBSITE BELOW  Website:  https://www.pizzaandproperty.com/ Disclaimer: All discussions are general in nature and should never be considered financial advice, please seek your own professional financial advice. The content displayed on the website, podcast and blog is the intellectual property of the Pizza and Property. You may not reuse, republish, or reprint such content without our written consent.    

Yesterday was Bastille Day in France and today i'm podcasting in English... Let's do business together ! You need a buyer agent in France, on the French Riviera ? Good news, i will find the property you are looking after. Jean-Christophe DIMINO Keller Williams Luxury Agent, France. https://jcdimino.kwagent.fr/ & https://www.avenuegustavev.com/en

If you're just starting out in real estate, you might be unsure of the differences between a listing agent and a buyer agent. However, it's essential to learn about them so you'll know what type of agent you want to be. In this episode, Coach Hank shares his experience as a listing agent and a buyer agent to help you decide on the best path for you.   Things You'll Learn in This Episode  Why being a listing agent is better than being a buyer agent Why you need to think of your long-term goals What is a destructive abundance in Real Estate  Why you should invest in passive income sources

Buying a reasonably priced home in Houston is like searching for a needle in a haystack. Contact the experts at Garza Realty Group (713 551-6186) today and let them help you get your dream home at an affordable price. Find out more at:https://garzahouston.com ( https://garzahouston.com)

Will real estate commissions get cut in half? Massachusetts Home Sellers File Lawsuit Against MLS, Real Estate Brokerage Giants Price fixing has sent Realtor commissions soaring in an already hot market, lawsuit alleges Federal court dismisses commission-sharing case against NAR - Judge Andrea R. Wood, who presided over the case, found that the lawsuit is barred under the U.S. Supreme Court's Illinois Brick ruling, which has generally limited federal antitrust claims under the Sherman and Clayton acts to “direct” purchasers of the price-fixed product or service, not “indirect” buyers further down the chain. Wood is also overseeing the Moehrl case. In his lawsuit, Leeder requested that the court stop NAR from enforcing the rules that require listing brokers to offer a buyer broker commission in order to submit a listing to a NAR-affiliated MLS. Wood's role as the judge overseeing the Moehrl suit helped inform her decision not to grant this request. Here is link to Sitzer/Winger lawsuit. JOSHUA SITZER, ET AL. V. THE NATIONAL ASSOCIATION OF REALTORS, ET AL.

Prior to entering the real estate industry, Elizabeth owned and operated a Bed & Breakfast in rural northern California, outside of Sacramento on a 142-acre ranch. She and her husband raised their three kids there, had a rescue zoo, and met many wonderful people from around the world over that thirteen year time-span. Some famous people stayed with them, like David Hasselhoff–he was very funny and has a great sense of humor!  As the market declined, Elizabeth and her husband worked to keep things going, but eventually decided to sell the property. The agents they were working with asked Elizabeth and her husband to get into real estate with them. She discovered the best training on the internet for real estate was from…Keller Williams agents! Being remote and rural, Elizabeth wanted to go farther faster, and she chose Idaho as her brother was moving there. In June 2016 they moved to Idaho, and she started interviewing and joined Keller Williams. She also joined the coaching program and took all the training she could, then joined a team as a Listing Agent. Elizabeth pushed to do door knocking, and went with a partner. As a result, she met many very nice people. It was this experience that helped her realize that Idaho was the place for her to be.  At one point she went to a different brokerage, but the database was not current, and she helped the agent know that they needed an inside salesperson, not her as a Listing Agent. At the same time, she was getting callbacks from the previous work she did, and the KW brokerage asked her to come back as a Buyer Agent. Elizabeth created her own process for data collection from open houses and follow up. Following the MREA model, she eventually hired an Executive Assistant, and her business doubled.  By following more pointers from a book called Perk Your Sphere, Elizabeth has implemented many programs and continues to build her business. She has become the Vice President of Training and Growth to help other agents learn important points through a well-organized program. They are focused on a three level training program called Mission-Vision-Mastery, with all the training available on an app that is also available on desktop through a platform called The Mighty Networks. Contact Elizabeth by email at elizabeth@lysibishop.com. Visit Elizabeth's real estate website, Lysi Bishop Real Estate. Stop by her Facebook page or her Instagram page to see what's new with her real estate business. Check out Elizabeth's LinkedIn page. Visit the Invested in Idaho YouTube channel. Visit Amazon to find Perk Your Sphere, the book Elizabeth mentioned that helped her reach over one million GCI. Follow David at @daviddmorse on Instagram and Joe at @joe.quattrucci. Join David & Joe at Keller Williams Arizona Realty, where productive agents redefine their business. Reach out by DM, email at davidmorse@kw.com or directly at 480-767-3000.

On this episode of Listen Up Homebuyers! We talk about exclusive buyer agents. What is an exclusive buyer brokerage? How is this different from traditional real estate brokerages?Rich Rosa is co-founder and co-owner of Buyers Brokers Only, LLC, an exclusive buyer agent real estate firm with offices throughout the Greater Boston area, New Hampshire, and Rhode Island. Rich is the president of the National Association of Exclusive Buyer Agents. He talks with Victoria Ray Henderson, a broker with The Buyer Brokerage in McLean Virginia.1:00 How does the real estate industry work?  There are buyers and sellers and sellers hire listing agents to sell their homes. Buyers can hire a buyer's agent. There are different types of buyer agents. So there are buyers, sellers, listing agents, and buyer agents. 1:03 How does the real estate system work? There are buyers and sellers. There are listing agents and buyer agents. 1:57 Most traditional real estate firms focus on getting listings. They have agents that represent both buyers and sellers. This is dual agency and it happens with either a single agent working with both seller and buyer or two agents in the same brokerage working with a buyer client and a seller client.2:45 Designated agency is when two agents in the same brokerage represent a buyer client and a seller client3:34 more on designated agency when the broker designates one agent to represent the seller and one to represent the buyer4:12 What is a buyer's agent?  Found in traditional real estate brokerages you could be buying a home where a listing agent is representing the seller. 4:50 Exclusive buyer agents only represent home buyers. They work with brokerages that do not represent sellers and therefore avoid the potential conflict of interests that arises when you are buying a house listed by the brokerage where someone is representing the seller. 6:20 When a brokerage can have both the buyer and listing agent commissions in-house 7:04 An example of the conflict of interest in real estate transactions7:30 this type of representation in law is illegal -not allowed due to the conflict of interest8:05 Why avoid dual and designated agency?9:01 The listing agent is obligated to get the highest price and best terms for their client, the seller9:30 Have an experienced agent who will ask questions and look out for homebuyers10:25 Advice for people attending an open house-don't tell the person there anything about your personal needs10:48 If you have an agent, tell the person at the open house you are represented. 11:25 Ask questions but don't get into why you like the house etc12:20 What is a fiduciary? A term used in the financial industry and means that person is obedient to you the homebuyer, duty to disclose, 100 loyal to you the homebuyer13:00  In-house bonuses for agents to sell their brokerage listings13:50 Working with a friend who works for a traditional brokerage-same situation as not working with a friend. The conflicts of interest are still there in these situations14:40 Do your research, interview agents, find someone who won't be afraid to tell you not to buy a house.         

My next guest on The Richard Robbins Show considers his volunteer work within the community just as important as his thriving real estate business; one cannot succeed without the other. A top producing Team Leader and sought-after RRI Business Coach, Tony Joe has been involved with RRI in some capacity since 2002. Based in the beautiful city of Victoria in British Columbia, Tony, along with his Buyer Agent, reached 157 transactions in 2021. With such a prosperous business, you would think that 100% of his time is spent on his thriving real estate business. You'd be wrong. You can find show notes and more information by clicking here: https://bit.ly/3JlkAVP

Welcome back to the Live UNREAL w/Glover U Podcast! In today's episode, our sizzlin' summer webinar series continues, and in this edition, we're focusing on what it takes to become a master buyer's agent.  Whether you're an agent starting to work with buyers, or a lead agent training your buyers agents to be successful, your buyer business can be a lucrative source of income. Nick Bellmore has succeeded at a high level in his buyer business, and today he's going to share his secrets with you.  Right now, it's harder to work with buyers than it has been in the past, but Nick believes with the right strategy you can still have a successful buyer-based business.  Jeff Glover and Nick Bellmore will share with you how to become a powerhouse buyers agent, and best practices for working with buyers.    In this episode, you'll learn: The golden rules of showing properties  How to set expectations, handle objections. and prime buyers for the current market 6 accountability metrics for your buyers agent    Quote  It has been shown over and over again that the agents that succeed the most are the ones that put the most time, energy, and effort into lead follow up. -Nick Bellmore     Key Points  Your success with buyers is determined by how well you understand the motivation of the buyer. The motivation of buyers in the market isn't at the same level, and if you want to be as efficient as possible with your time, you want to quickly evaluate how strong the motivation of the buyer is. Motivated buyers never feel like you're being too pushy when you ask them questions. It's only the unmotivated who get offended and think we're being too direct. If they react that way, take that a sign that they aren't as motivated as you want them to be.   Having a showing agent doesn't mean you're disconnected from the buyer, it shouldn't feel like a hand-off. Put the time and effort into maintaining the relationship and making sure you still keep that rapport. The showing process is also an educational process. It's where we can prepare them for the market and what it will take to get the home they want. We have to be able to align their expectations with the reality of what the market is actually like.    Text BUYER to 55444 To learn more about the Buyer Mastery Course and to Sign Up text “BUYER”to 55444. 

Whether you are starting the process of buying your first or “next” home, engaged in the process of house-hunting or you have already been denied a house you really wanted to own, I want to share some time-tested advice.  I am going to address the main question in three parts.  This is not intended as legal advice and not intended to interfere if you have an existing business relationship. Let's start with the premise that you have made an offer and it was rejected.  You may have had no response or you may have been given an opportunity to negotiate that did result in a signed contract.  If a buyer makes what they think is a reasonable offer and the seller did not accept it, they should have no regrets.   Easy for me to say.  However, did the buyer have the right expectations and understanding about the process?  Could or should their agent or the listing agent or the seller have done anything differently? If the seller was given the opportunity to review all offers and was properly informed of any possible interest that could generate additional offers and they accepted what they thought was the best offer, who has any reason to complain about the process?  Every executed agreement will not close so it may be best to remain on good terms with everyone involved.  You may get another chance to get a house you want to own, if you want one, but do not assume you will. I provide my buyer-clients with a few pearls of wisdom I have gained through experience, training and education.  The process of buying or selling Real Estate is typically an emotional decision justified with logic.  It should be treated as “business” and not taken personally.  It is also not retail.  Looking for a house can be a full-time job but it is worth the investment of time and effort.  Your life will get back to normal after you succeed.  Bad decisions are costly and their effects can last a long time.  Real Estate is typically our biggest asset and requires our largest ongoing investment so buying or selling it deserves a lot of attention. I have already discussed how a buyer might manage their search and making their offer in a previous post.  Those are both important but there is more work required to get the house you like under contract.  Respectfully, you may have had the best planning and preparation and made your best offer but there are still two potential obstacles to having a signed contract:  they are the listing agent and the seller.To continue reading, please click here.For more information, please visit my website to search for thousands of listings and learn more about buying and selling Real Estate.There is a lot more to buying or selling Real Estate than marketing, showings and writing offers.  This is NOT retail!  There is no online “shopping cart” or a “Buy It Now” option.  Again, this is a business decision which is often emotional and justified with logic.  While the public has endless access to data and information, it takes an experienced, trained and educated professional to bring the knowledge and insight that Real Estate sales often require. There is no time for inexperience, empty promises or false expectations. HIRE WISELY:  We are not all the same!

In today's episode we mix up the format and answer "Questions From The Web" all show. We talk about Buyer/Agent agreements, poaching clients, Zillow FSBO meet-cutes and joining a team. We finish up with "Small Wins." Send us your questions at www.OnSeekingTheBest.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/seekingthebest/message

2:00 What are you comfortable paying for a monthly mortgage payment?3:12 What is your creditworthiness? Things to consider, your credit history, credit score, and your ability to repay the loan, or do you have steady employment?4:15 What are you paying for at this time? This includes car payments or any monthly payments5:10 How much does it cost to buy a home? Have you saved money? Are you receiving gift funds? 8:28 What is a credit check? Does it ding your credit score?10:00  What is a VA loan? What is a conventional loan? What is an FHA loan?10:45 What is a down payment?12:00 Who are Fannie & Freddie? 12:45 Explanation of an FHA loan13:32 What is Private Mortgage Insurance (PMI)?16:17 What are closing costs? These will vary across the country17:10 Why would a home buyer buy points? (on the loan)18:20 What are escrow fees, recording fees, and settlement/title costs?20:00 Explains buying down a rate a little more22:00 Explains the options with different types of loan products22:35 Why communication matters during the transactionLearn more about Alex Margulis on his website with Cross Country Mortgage Learn more about Victoria Ray Henderson with The Buyer Brokerage  and follow Victoria on HomesBuyHendersons Instagram or at HomesBuyHendersons      

Whether you are starting the process of buying your first or your “next” home, actively engaged in house hunting or you have already been denied a house you really wanted to own, I want to share some time-tested advice.  I am going to cover this from four perspectives.  This is part 3 of 4.  This is a broad topic with no “one size fits all” answers.  My advice comes with two disclaimers:  this is not intended as legal advice and it is not meant to interfere if you have an existing business relationship. Let me start with the premise that a buyer or you made an offer and it was rejected.  If a buyer makes what they think is a reasonable offer and the seller does not accept it, they should have no regrets.  Easy for me to say.  If yours was the only offer, I would assume that you had a chance to negotiate with the owner but could not reach a mutually beneficial solution.  If you were competing with other buyers, only one offer could win.  Did the buyer have the right expectations about the process and how it might go?  Could or should their agent or the listing agent or the seller have done anything differently?  If the seller was given an opportunity to review all offers and was properly informed of any possible interest that existed and they accepted what they thought was the best offer, there may be no valid  reason to complain about the outcome.  Every signed agreement does not close so you may get another chance, if you want one, but do not assume you will.  In fact, depending on the type of Real Estate market, you may want to assume that you have competition and that you will not have a chance to change your initial offer. I provide my buyer-clients with knowledge that I have gained through my years of experience, training and education.  I have also learned a lot from conducting mediations between buyers and sellers and listening to ethics complaints about agents.  Fundamentally, I believe that the process of buying or selling Real Estate is best looked at as a business decision, not a personal one.  It is also not a retail transaction. Looking for a house can become a full-time job but it is worth it.   Your life will get back to normal after you succeed.  Bad purchase decisions can be costly and their effects can last a long time.  Real Estate is typically our biggest asset and requires our largest investment so buying or selling it requires planning and preparation.  It deserves our full attention. As I discussed in part two, The Search, once a buyer starts to identify possible houses to consider looking at and buying, there is a process to narrowing the list down to the best and getting in to see and evaluate them as quickly as possible.  I remind buyers that proper planning and preparation will position them to compete better and that they are not the only buyer seeing the search results they receive.  It all comes down to making an offer that will appeal to the seller or, at the very least, maximize the chance that the seller will offer a counter-proposal.  The purpose of negotiating is to keep talking.  While that can wear someone down, it is better than silence.  That being said, buying Real Estate can be very competitive so ....To read the rest, please click here.Please feel free to share, like, comment and follow!For more information about selling, buying and the Real Estate market, visit my web site.There is no time for inexperience, empty promises or false expectations.HIRE WISELY:  We are NOT all the same!

Competition and multiple offers seem normal these days.  Your opinion about them probably depends on whom you represent and your personal experiences.  They do not guarantee success for a seller but make it harder for buyers and their agents.  I recently heard two very different opinions about them. A buyer's agent, frustrated by losing yet another bidding war, told me that multiple offers are the result of pricing a property too low.  I guess that makes some sense, pricing it higher might reduce the amount of competition but is that best for a seller?  Would that result in their seeing the highest and best possible offer?  Who knows?  There are a few things I think I can say in general: ·         Competition tends to produce the “highest and best” offer, even if it is not what a seller wants.  When there is only one offer a seller may think a better one will come later.  They often do not.·         Looking at and comparing multiple offers can get tedious, especially if they seem repetitive.  I have had several listing agents tell me that, at some point, their seller stopped reviewing additional offers.  Presumably, they had at least one they liked but that concerns me.  A buyer agent who shows a house and takes the time and effort to prepare an offer should be able to trust that their buyer's offer was considered.  We have forms to confirm that but the bigger picture is that offers not presented may be better than what a seller accepts and that those that “appear” uncompetitive may just be a starting point for a buyer who really likes a house.·         Some agents actively encourage a flood of showings hoping for multiple offers and a quick sale.  There is nothing wrong with that but it creates an environment that must be managed.  What is the goal?  I assume it is to shorten the marketing time and to get the “highest and best” offer that will appraise and close.  The real dilemma may be knowing whether to accept an offer or question whether it will appraise.  What if it doesn't?  Having a pre-listing appraisal may help but may not be ideal, especially if the market is rising.·         While there is nothing wrong with multiple offers, I think it places some responsibility on everyone involved.  Our clients must be advised of the advantages and disadvantages. This agent was frustrated with writing offers that failed and having to start showings again.  Imagine being a buyer who loses your preferred new or “next” home to competition, especially if it happens again and again.  We are in perhaps the best sellers' market I have ever seen and its major attribute, if you  want to call it that, is that the number of buyers far exceeds the number of available properties.  While this does not mean that every property will sell, every buyer will not get a house. Another agent posted on social media that a buyer's agent who writes offer after offer is not doing their job.  I would love to have these two agents in the same room ....To rest the rest, please click here.Please feel free to share, like, comment and follow!For more information about selling, buying and the Real Estate market, visit my web site.There is no time for inexperience, empty promises or false expectations.HIRE WISELY:  We are NOT all the same!

In this episode, Ryan discusses what you need to know if you are thinking about listing your home in a low inventory high housing demand market. He walks you through the legal issues happening right now and why NOT USING an agent is not in your best interest even if you think saving costs on paying out a commission makes sense. 

Whether you are thinking about buying a home, are actively engaged in house hunting or you have already been denied a house you wanted, I want to share some time-tested advice.  I am going to cover this from four perspectives.  This is a broad topic with no “one size fits all” answers.  I strongly believe that planning and preparation will put you in the best position to identify houses that may interest you and, when you find one, maximize your opportunity to own it.  There are many variables in the home buying process, some of which you can't control.  I encourage serious buyers to control what they can. My advice comes with two disclaimers:  this is not intended as legal advice and it is not meant to interfere if you have an existing business relationship. Let me start with the premise that a buyer (or perhaps you) made an offer and it was rejected.  If a buyer makes what they think is a reasonable offer and the seller does not accept it, they should have no regrets.  Easy for me to say.  If yours was the only offer, I would assume that you had a chance to negotiate but that you could not reach a mutually beneficial solution.  If you were competing with other buyers, only one offer could win.  Did the buyer have the right expectations about the process and how it might go?  Could or should their agent or the listing agent or the seller have done anything differently? If the seller was given an opportunity to review all offers and was properly informed of any possible interest that existed and they accepted what they thought was the best offer, there may be no valid  reason to complain about the outcome.  Every signed agreement does not close so you may get another chance, if you want one, but do not assume you will.  In fact, depending on the type of Real Estate market, you may want to assume that you will not have a chance to change your initial offer. I provide my buyer-clients with knowledge that I have gained through my years of experience, training and education.  I have also learned a lot by conducting mediations between buyers and sellers and listening to ethics complaints about agents.  Fundamentally, I believe that the process of buying or selling Real Estate is best looked at as a business decision, not a personal one.  It is also not a retail transaction. Looking for a house can become a full-time job but it is worth it.  Your life will get back to normal after you succeed.  Bad decisions can be costly and their effects can last a long time.  How long do you plan to live in your “next home”?  Real Estate is typically our largest investment so buying or selling it requires planning and preparation.  It deserves our full attention. I suggest that buyers do three things before they even start looking at houses and this includes not visiting open houses or looking online.  The goal is avoid being teased or distracted.  They may not even be consciously thinking about buying a house.  If they are, most buyers want to jump right in.  Frankly, looking at houses and imagining “what if” is the fun part although that can “get old” really fast especially after an offer has been rejected or terminated....  So what are the three things?  .... To read more, please click here.In part two, I'll discuss the search for your first or “next home”. There is no time for inexperience, empty promises or false expectations. HIRE WISELY:  We are not all the same! 

Meet four female members of the National Association of Exclusive Buyer Agents. These women are exclusive buyer brokers and agents helping home buyers achieve their dream of owning a home.  Charlotte Lemon with The Real Buyer's Agent in Charleston SC, Rona Fischman broker-owner of 4 Buyers Real Estate in Cambridge MA, and Nikolina Lecic broker-owner of Exclusive Buyers Real Estate in Rochester Minnesota!3:32 Charlotte Lemon in Charleston SC over 100 buyers looked at a single property4:47 Rona Fischman in Boston on when this crazy market going to end? The pandemic is a factor as is low inventory. 8:05 Victoria Ray Henderson in Washington DC & Baltimore Metro area on the different market conditions depending on how close or far you are from the major cities. 9:00 Nikolina Lecic in Rochester Minnesota on how first-time homebuyers need time to get up to speed with how competitive the market conditions are for single-family homes and condos. 15:00 The earnest money deposit-what is it and how does it affect the home purchase. 20:00 What you can do to be a strong buyer26:00 What is a pre-contract home inspection?30:00 What is fair housing? What does a homebuyer need to know about writing a personal letter to the seller?    

This is a question that most agents and buyers never really have to think about.  How often does this happen?  I like to raise the question in my ethics classes for these very reasons.  Once people do think about it, it can generate a lively theoretical discussion which generates emotion and opinion.  I am not sure there is a perfect answer but I think it has so many aspects to it that it is worth discussing.  Better now than in an ethics hearing.  Let me start with some disclaimers. First, this is my opinion and not intended as legal advice.  Second, I am in PA where this practice is not considered “dual agency”.  In fact, our contracts specifically allow this to happen which I will discuss later in further detail.  However, it is considered “dual agency” in some states which makes me wonder why, how can that be:  it either is or it is not “dual agency”.  How can it be looked at differently in different states?  If it were considered “dual agency”, which is not allowed in some states, that would at least provide some direction as to how to handle it and remove my concerns.  Third, my intent is not to interfere with any existing business relationships although I would respectfully suggest that buyers should know if this situation might come up so that they can make an informed decision before entering into a business relationship that might not work for them.  In PA many agents refuse to act as “dual agents”.  I wonder how they view this topic? I am an analytical thinker so I will look at this from several perspectives.  Let's start with some contract information, meaning some language that a potential buyer-client should know before hiring an agent to represent them.  This assumes that a buyer hires an agent and actually discusses their respective roles.  Of course, if an agent does not follow our rules and regulations, a member of the public may not be as well informed as they should be.  While well over 90% of the public searches online for Real Estate listings and information, I do not believe that most really understand agency representation.  We do more than open doors and write contracts.  Do prospective buyers know what to ask agents they might hire?  Are they resistant when an agent tries to do their job by discussing contracts and agency disclosures?  I am going to talk about this from the perspective of being a REALTOR, not just a licensee.  This means I will refer to out REALTOR Code of Ethics as well as our state's “standard forms”.To read more, click here.Please visit my agent website to view thousands of Real Estate listings and learn more about selling and buying Real Estate.My New Audio Course is LIVE on Listenable.io.  The title is "The Basics of Selling Residential Real Estate".   Click here for Lesson 1.   To enjoy 14 free days of Listenable, click here.

Listing agents cutting commissions are oftentimes pushing that commission reduction to the buyer agent. This is weak and not a good trend for our industry. Listing agents, here is why you need to shoulder the brunt of YOU cutting commissions.

The first step toward buying a home is partnering with a real estate agent who will help you not only find your dream home, but will guide you through the process of completing the purchase. From the contracts that are signed through inspecting homes, making an offer, through closing day and beyond. Learn about how you go from browsing listings to moving in! Support the show: https://sharoncaddy.com/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

#003 - On November 19, 2020 the National Association of REALTORS and the United States Department of Justice announced an antitrust case filed and simultaneous settlement of the case.The DOJ issued a press release:Justice Department Files Antitrust Case and Simultaneous Settlement Requiring National Association of Realtors® To Repeal and Modify Certain Anticompetitive RulesSettlement Will Increase Competition to the Benefit of American Homeowners and Homebuyers and Allow for Innovation in Brokerage MarketsRead the entire DOJ press release here: https://www.justice.gov/opa/pr/justice-department-files-antitrust-case-and-simultaneous-settlement-requiring-nationalNAR also issued a statement and released a video message delivered by 2021 NAR President Charlie Oppler:2020 NAR-DOJ Agreement Regarding MLS RulesRead the post from the NAR and watch the video statement here:https://www.nar.realtor/2020-nar-doj-agreement-regarding-mls-rulesAccess the Agent On Duty podcast blog show notes to all episodes:https://www.innovativeproperties.com/podcast/Support the show - Buy me a coffee.https://www.buymeacoffee.com/johnmarion

NAR loses the dismissal on the buyer agent compensation lawsuit so it is going to court! PLUS Opendoor reveals that it is under investigation by the FTC, what's up (or down) with mortgage rates, is the Housing Market BROKEN? We talk about ALLL of this and more on the Bearded Men of Real Estate show! Join Dan & Ray live to add your comments to the program!!

“Data integrity” ensures that reported information is accurate and can be relied upon.  In Real Estate this could be the status of a property, the price, the type of property and its features.  The importance of accurate information cannot be overstated as people make costly decisions based on what is reported. A seller needs a “ready, willing and able” buyer to complete a sale.  Buyers “acquire” Real Estate information from a variety of sources.  They expect that all properties matching their search criteria will be in their search results so that they can evaluate them and decide whether to take any action.  Suppose they get wrong information or they do not know that a property is available?  They may never get to see it so they cannot buy it.  Houses may sit on the market unsold causing the listing agents to ask the sellers for an unnecessary and costly price reduction which reduces their proceeds but does not make it any easier for buyers to find their property in their search results.  Think Google search. Errors will affect a market analysis for both sellers and buyers.  Sellers looking to price their property according to its location, features and condition may rely on bad information causing them to overprice or underprice their property.  Their house could sit on the market unsold or they could accept less than they should have.  Buyers need accurate information when deciding how much to offer a seller. Houses that do not sell typically have a pricing or a marketing problem.  By marketing I mean wrong or missing “searchable” property features, missing or poor-quality pictures and missing or poorly written property descriptions/ remarks sections.  In addition to excluding properties that really matched their search criteria, poor marketing may cause buyers to dismiss properties because they “look” bad.  Bad information can also impact the mortgage appraiser.  They evaluate selling prices based on reported comparable sales.  They rely on and verify what is reported but how would they know if something is missing?  Appraisers rely on pictures, features and the public remarks to try to identify the prior sales most similar to the house they are appraising.  What is the cost of inaccurate or missing information?  If relying on bad information makes it appear that a buyer paid too much, their sale may stop unless the seller lowers their asking price OR the buyer comes up with more money OR they somehow work it out.  Mortgages are based on a percentage of the appraised value so errors matter. To conclude, data integrity is a BIG deal.  Many sellers have wasted months or even years on the market when they really had little chance of selling given the inaccurate information.  I call these “fatal errors”.  Marketing exposes property information to potential buyers, their agents and anyone else who may need or want to rely on what they hope is accurate information.  Garbage in; garbage out! The Internet has made this more complicated.  Most buyers “shop” online, many even after hiring an agent.  The MLS syndicates property information to the major search engines.  If the MLS information is inaccurate, this magnifies the problem because the information is going directly to the consumer, unfiltered. Your printout is literally like a resume.To continue reading, click here.There is no time for inexperience, empty promises or false expectations!HIRE WISELY!  We are not all the same!

Bright MLS has released their Local Market Insight statistics for single family homes in Delaware County Pennsylvania through August 2020.  If you would like more detailed information about this or any other County or any specific municipalities in the Delaware Valley, please contact me.  I am only a text, email or phone call away!  I respond promptly to all inquiries.The overall market continues to be affected by the pandemic and resulting economic impact.  However, generally speaking, the results in many areas are encouraging and, as always, your experience may differ depending on your location and how you have been personally impacted.  As I always say, the decision to buy or sell Real Estate is a personal one and the current environment typifies that.The report compares current year-to-date results to one-year ago, same time period.  As with all Real Estate statistics, two things are true.  First, the performance within individual zip-codes can and will vary significantly from the overall County.  Real Estate is local and results can vary from neighborhood to neighborhood and even block to block.  There is no such thing as a “national” Real Estate market any more than there is a national weather forecast so, if you are thinking about selling or buying, please contact me for details about your areas of interest.  I can provide current information and keep you informed about the evolving market.  Deciding whether it is the right time to sell or buy is a personal decision typically involving a number of variables.  I can provide the knowledge and insight to help you decide what works for you.My second point is that, unfortunately, all Real Estate statistics involving sold data are stale.  This is especially true if you are relying on Internet valuation models which use recorded data rather than up-to-date MLS information.  Even then, while a sale may be reported as settled or closed today, the real question is when was the offer negotiated?  Typically, sales take 45 to 60 days to close so the market today may be different.  Up-to-date information, even if not perfect, is important!As far as the statistics,To continue reading, please click here.If you want or need to sell any type of Real Estate, now or in the future, whether you tried and did not succeed before or are doing it for the first time, it is never too early to start the planning and preparation.  Please do not wait for what you think is a better or the best time to start.  Buyers look all year long and can only see and buy properties that are available to see.There is no time for inexperience, empty promises or false expectations! HIRE WISELY:  We are not all the same!

This week on The Real Word, Byron and Nicole discuss buyer agent behavior that needs to stop, the importance of high-speed internet, and a new design trend.  Racket 1: Do you agree that these are buyer agent behaviors that need to stop? http://bit.ly/buyeragentbehaviors Racket 2: Broadband speeds and cell phone service is impacting property values. Is this a priority for your buyers: http://bit.ly/broadbandinequeties Marketeer: Is cluttercore a new design trend? http://bit.ly/cluttercore Follow Nicole on The Social REdesign!  Facebook: https://www.facebook.com/thesocialredesignnw Instagram: https://www.instagram.com/thesocialredesign/ Website: https://thesocialredesign.com/ Subscribe to our channel: http://bit.ly/realwordsubscribe Do you have a Marketeer nomination? Let us know! Connect with Byron Lazine + Nicole White on Instagram:
https://www.instagram.com/byronlazine/ https://www.instagram.com/nicolewhiterealtor/

Fearless Agent Coach Bob Loeffler shares the Fearless Agent way to profit from Buyers! Fearless Agent Coaching is the Highest Results Producing Real Estate Sales Training and Coaching Program in the Industry and we can prove it will work for you if it's a good fit! Call us today at 480-385-8810 to see if it may be  good fit for you! Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, but Fearless Agent Coaching Students di all of these completely differently and get massively better results! Find out how! Listen in each week as Bob gives an overview and explains the big ideas behind making big money as a Fearless Agent! If you are earning less selling real estate than you wish you were, and you're open to the idea of having some help, We are here for you! You will never again be in a money making situation with a Buyer, Seller or Investor and not have the right words! You will be very confident! You will be a Fearless Agent! Call Bob anytime for more information about Fearless Agent Coaching for Agents, Fearless Agent Recruiting Training for Broker/Owners, or hiring Bob as a Speaker for your next Event! Call today 480-385-8810 - or go to https://fearlessagent.com  Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, Spin Selling, but Fearless Agent Coaching Students do all of these completely differently and get massively better results! Find out how! Real Estate coaching  training  Real estate training real estate coaching real estate speaker real estate coach real estate sales sales training realtor realtor training realtor coach realtor coaching realtor sales coaching realtor recruiting real estate agent real estate broker realtor prospecting real estate prospecting prospecting for listings calling expired listings calling for sale by owners realtor success Best Realtor Coach Best Realtor Coaching Spin Selling See omnystudio.com/listener for privacy information.

Today I want to discuss the 2019 NAR or National Association of REALTORS Profile of Buyers and Sellers.  The report comes from a survey using 125 questions mailed to over 159,750 recent home buyers who purchased a primary residence between July 2018 and June 2019.  This was a national survey so your market may be quite different.  Real Estate is local:  there is no national Real Estate market so please contact me for information about your local market. This is Part 2 of 2.  In Part 1, I focused on buyer characteristics, meaning who is the typical buyer.  In Part 2, I will focus on the process the typical buyer used to find their home, the results they achieved and how they felt about the experience.  There will be some overlap between the parts. As I learned years ago, buying a home is an emotional decision justified with logic.  This is what can make it fun or not.  The process can be interesting enough when there is only one buyer involved.  People have different ways of making decisions and we all handle challenges and stress differently.  Buying a home typically offers plenty of both.  When more than one buyer is involved, there can be quite a negotiation between the parties and they often seek my opinion.  Purchasing a home is typically the largest financial transaction anyone will ever make and it involves many lifestyle factors.  It is a serious process. To see the statistics, please click here.Buying Real Estate is a unique purchase:  not only is it much less frequent than other purchases, it typically involves multiple steps, each offering their own challenges.  If you would like to discuss buying or selling or if you have any thoughts about this, please contact me.  Please look for Part 1. There is no time for inexperience, empty promises or false expectations!Remember:  HIRE WISELY!  We are not all the same.

Since March 19, 2020, the PA Real Estate market has been in a form of suspended animation.  For those agents who followed the law, business stopped on a dime.  Properties that went “under contract” prior to that date were allowed to move forward although many municipalities and contractors were not willing or able to help complete the sale.  Even then, many of those owners were frustrated in their efforts to buy their “next home”.  Some ended up paying two mortgages. Otherwise, agents were not allowed to conduct business “in person”, owners with “active” listings could not have actual showings and buyers could not visit properties to see inside.  Business could be conducted “virtually” which likely worked better with “under contract” properties since those prospective buyers had likely seen the interior of their intended purchase.  Owners still looking for buyers had issues.  Most buyers are reluctant, even in a competitive market, to make an offer without actually being able to see the interior.  Buying “sight unseen” happened but I liken it to “online dating” where someone tells or shows you what they want you to “know”.  What could go wrong?  At least that was better than going on a “blind date”! While I respect different “business models” and understand that some buyers and sellers needed a “creative” solution to work past our being the only state where Real Estate was considered “non-essential”, buying “sight unseen” is risky.  For a few hundred dollars a buyer could use a property inspection as a way out.  While not intended as legal advice, it happens.  Some buyers cannot afford to waste any money so this may not have been an option for them.  What about a seller who risks this happening to them?  If the listing agent follows the rules, the property history may stigmatize the property if others thought there were issues with the house whereas the problem was really the buyer. Fortunately, there is a new “dawn” albeit with some restrictions.  Some sellers and buyers will jump at the opportunity; others may choose to wait to see what happens.  How many are currently unemployed and unable to get financing?  How many sellers need to buy their “next home” and are not ready to compete or who feel that the “right one” is not yet on the market?  If possible, some sellers may want to get their house sold even if it means renting for a short time.  At least their purchase won't be tied to a sale and they may be able to determine if they really like an area they were considering. As I always say, you cannot “time the market” so I encourage buyers and sellers to determine what is in their best interests.  I am an experienced, trained and educated REALTOR and can offer the knowledge and insight to help you evaluate what is best for you.  Assuming that people follow the guidelines and requirements for resuming Real Estate activity, my hope is that PA continues to improve so that we can avoid a set-back.  Time will tell.  Either way, I can help you now or later!  I do suggest doing some planning and preparation so we can do an effective and efficient campaign when you are ready.  That could make all the difference. In the meantime, please visit my web site, listen to my podcasts and read my blogs. There is no time for inexperience, empty promises or false expectations! HIRE WISELY:  We are not all the same!

Today I want to discuss the 2019 NAR or National Association of REALTORS Profile of Buyers and Sellers.  The report comes from a survey using 125 questions mailed to over 159,750 recent home buyers who purchased a primary residence between July 2018 and June 2019.  This was a national survey so your market may be quite different.  Real Estate is local:  there is no national Real Estate market so please contact me for information about your local market. This is Part 1 of 2 and will focus on buyer characteristics, meaning who is the typical buyer.  In Part 2, I will focus on the process the typical buyer used to find their home, the results they achieved and how they felt about the experience.  There will be some overlap between the parts. As I learned years ago, buying a home is an emotional decision justified with logic.  This is what can make it fun or not.  The process can be interesting enough when there is only one buyer involved.  People have different ways of making decisions and we all handle challenges and stress differently.  Buying a home typically offers plenty of both.  When more than one buyer is involved, there can be quite a negotiation between the parties and they often seek my opinion.  Purchasing a home is typically the largest financial transaction anyone will ever make and it involves many lifestyle factors.  It is a serious process.To see the statistics, please click here.To conclude, buying Real Estate is a unique purchase:  not only is it much less frequent than other purchases, it typically involves multiple steps, each offering their own challenges.  If you would like to discuss buying or selling or if you have any thoughts about this, please contact me.  Please look for Part 2. There is no time for inexperience, empty promises or false expectations!Remember:  HIRE WISELY!  We are not all the same!

25 families served and under contract in 7 weeks during quarantine AND all done virtually. YOU READ THAT RIGHT! 

REALTOR® Christal Cameron joins the show today. Last week she and I worked together on a home sale in Ottawa. She was representing the Sellers and I represented the buyers, in a sale that went into multiple offers and the property sold over asking price. It's a unique opportunity to see behind the scenes of both sides of the transaction!Recorded on May 4, 2020.Christal, as you know the Real Estate sector has been deemed essential by the province during the Coronavirus pandemic, but it's certainly not business as usual. In general, what changes have you noticed among your clients, both those looking to purchase a home and looking to sell one?I definitely find there is a little more uncertainty. Of course naturally, home buying and selling is a large decision for people to act on, it takes some thought for someone to make a final decision, this has added a little more apprehension. I'm very glad to get to interview you today, since you and I actually worked together on a file earlier this week! You were representing the seller, and my buyer clients offered your sellers' home, which actually attracted a few offers. My clients gave the successful offer, so what we have here is an interesting opportunity to see both sides of the same coin, what a purchase in these times looks like for a buyer and a seller. Since the work for a listing starts long before any buyers see the home, can you tell me a bit about what that looked like to prepare the listing? Very specific research on the market, the pandemic and the property itself. I pulled up all of the sales that occurred only during the pandemic period and watched for any shifts. I reached out to the Realtors in the neighborhood who accomplished successful sales as well as those who hadn't and inquired of challenges given the pandemic, what worked, what didn't, and what they would have done differently. All of this was taken into consideration for my clients and was tailored to their listing in particular. I compiled a list for every little detail of the home, any questions I thought may come up. This way all was readily available when requested. Floor plans were created as well as a 3D walkthrough for those who were limited to a virtual viewing. How did your clients get in touch with you? Via email/text -Majority by telephone. How did you do the evaluation of the home?With a detailed list of the home and pulling up all comparables, as well as consideration of what the sale prices were looking like over the pandemic period and before. Honestly as you know, the market was so insane prior to COVID I was pleased to see that the sale prices remained very healthy. How did you complete the listing paperwork?Via electronically, I transitioned to a paperless Realtor in 2015. Of course if someone is uncomfortable, I work around it. But for the most part when clients experience online signatures they are usually thrilled. You had some great photographs and 3D tour that really helped to sell the property. How did you get that done?I did have two separate vendors for 3D/photography and video. This being that I wanted to give buyers more online. Each vendor was required to go through a questionnaire with regards to COVID as well as ensure that it was only themselves in the home. They followed the protocol that was given to them (gloves, masks, wipes) and had a very small time slot to complete the work. I was very happy with the final product. Did your clients express any concerns about listing during the pandemic?Of course! We actually had many discussions before going live -Almost daily. I would speak to them of possible options/outcomes and together we were able to come up with a plan they were most comfortable with. Once you listed the property and the sign was in the ground, the property attracted a fair bit of attention, and from our conversations, it sounded like there were pretty steady showings from the time of listing up until the evening of offers. What did that look like from the Sellers' side?My sellers were great! Before listing we decided on specific time slots daily that made most sense for them. This allowed for a clean up in between and a little rest! One of my sellers even conducted a zoom showing with me for buyers out of town and their Realtor. He did fantastic! What precautions did you choose to take to restrict the spread of Coronavirus during showings and inspections?All bookings went through me directly and anyone through the home was required to fill out and sign a COVID questionnaire. These forms were implemented by my brokerage. Not only were these forms signed by those who came into the home but were also signed by sellers. There was a limited amount of people provided access. No visitors beyond the direct purchasers and no more than 2 at a time, with their professional. Gloves, masks & lysol wipes were a must.Very small time slots to view with no overlapping options. What was your own day-to-day experience during the listing and how was that different than a typical listing?Well, as you know I was there everyday! The specified time slots were great for me to be available as well as manage the slots effectively. Typically there are no issues having Realtors in at the same time however in this case it was not an option.  I actually called each Realtor ahead of time to let them know I'd provide access and be parked from a distance, this was also to ensure all had proper gear and if needed I had on hand to provide. Each day presented new challenges, which I was flexible to navigate -I knew I would have to be available 100% at all times for this listing. If you're advising a homeowner who needs to sell at the moment, what advice would you give them to ensure that they're going to be successful? What things do you think would be easy to miss?To set out ahead of time a list of what they are comfortable with and what they are not comfortable with during this pandemic. There is definitely more physical time and effort that is invested with protocols, cleaning etc. Also a clear understanding that things are changing daily, flexibility is important. Now, this property is sold but it's not closed yet. Assuming that the state of emergency is still in effect on closing, what steps will you be taking to ensure that things go smoothly for your clients?Communication & Education!!! I am continuously keeping informed with current events, through not only my brokerage (who are amazing) but keeping open lines of communication with my Real Estate Lawyer and clients on the regular. Christal Cameron Can Be reached at https://christalcameron.yourkwagent.com/You can send your questions, episode requests or comments to me at nickfundytus.ca.   Thanks for listening and sharing with someone that can use the advice and insights! I am not just a Realtor, I also love running giveaways with local businesses! Go to  https://www.nickfundytus.ca/contest/ to see my latest giveaway contest! Make sure to check out and follow my social channels!  Instagram: https://www.instagram.com/nick.fundytus/Facebook:  https://www.facebook.com/NickFundytusRoyalLepagePerformanceRealty/Twitter: https://twitter.com/NickFundytusLinkedIn: https://www.linkedin.com/in/nickfundytus/ 

The pandemic is having a major impact on the world and our country.  My deepest sympathy goes to everyone who has been personally impacted in any way.  Life is very different today than it was just a few weeks ago.  For example, Real Estate, a major component in our economy, has been directly impacted by a number of factors including “social distancing” rules, slowing or stopping most activity.  In PA Real Estate is considered "non-essential".The “spring market” is usually going strong by now.  Many owners plan to move after school has ended or before enjoying the summer.  However, many plans have been put on hold.   Many owners whose properties were on the market have stopped their marketing.  In PA we are not allowed to show homes to buyers although we can do this virtually or buyers can make offers without actually visiting them.  Relying on technology is great but that puts buyers and their agents into an awkward position most do not want:  buying "sight unseen".  What could possibly go wrong?  Taking new listings is equally difficult if we follow the rules.  Sadly, many aren't and only time will tell if that was worth the risk. We can do paperwork electronically but many of the processes that typically occur between signing a contract and settlement are stopped so many properties under contract are not moving forward.  These include property and municipal inspections, repairs and appraisals.  Even worse, many sales are being canceled, mostly due to employment issues or changes in financing.  While the long-term results are unclear, this touches on something I see and say every fall and winter. Fall, specifically September and October, is typically the second wave of Real Estate activity.  While Real Estate can and does sell every day of the year, there are two major seasons.  After summer and enjoying the great outdoors, I suspect some return home from vacation feeling claustrophobic as they adjust to spending more time indoors while others want to sell before the new year. What is interesting and happens every year is that many owners who were unsuccessful trying to sell, decide to wait until the next spring.  Some are frustrated by the process; others want to enjoy the coming holiday season.  Every year I remind people that houses sell every day, that most houses look their best in the fall and, as we are clearly seeing NOW, who knows what spring will bring?  There are many who came to regret leaving the market in 2008.  Then the market crashed.  How many might have sold and moved on had they continued trying to sell?  And now this.  Obviously this is different.We started off 2020 with nice weather so the Real Estate market performed well.  Some still kept their houses off the market.  Inventory levels remained low which undoubtedly concerned many owners wondering where they might move.  What happened to their plans?  How long will this last?  What will life be like afterwards?  What will be “normal”?  How quickly will our booming economy return?  There are so many questions but we have to look forward, don't we? I am confident that this will pass.  Owners will have an opportunity to decide whether to move forward with their plans, albeit delayed, or wait until some later date, perhaps “next spring”.  I am here to help you and provide knowledge and insight to help you make an informed decision.  Whether sooner or later, we can get back to normal and move forward with your plans. There is no time for inexperience, empty promises or false expectations! HIRE WISELY:  We are not all the same!

When we experience a “seller's market”, meaning that there are more buyers looking than there are properties available for them to buy, the competition often leads to frustration.  This is especially true when getting to see inside becomes an issue.  It is not unusual for a buyer to have to bid on several houses before getting an offer accepted.  At least they got to see inside and make an offer, right?A new policy created by NAR, the National Association of REALTORS, and implemented by Bright MLS has added to the drama.  As a result, some are making offers to buy Real Estate “sight unseen”.  What does this mean and what are the implications?We have experienced “seller's markets” before and we will again.  Generally speaking, a combination of low mortgage interest rates and low inventory causes houses to sell quickly, making many buyers and sellers act differently than they might in a more balanced market.  Asking prices may be the “floor” rather than the “ceiling” when it comes to making an offer and a buyer, assuming they have an opportunity to see inside a house and make an offer, may not get a second chance so it may be wise to offer their “highest and best” from the beginning.  However, the regulations covering appraisals are stricter than in the past so offering above the asking price is not always the best answer.  What to do?For the rest, please visit https://andrewwetzel.wordpress.com/2020/03/14/buying-real-estate-sight-unseen/There is no time for inexperience, empty promises or false expectations! HIRE WISELY:  We are not all the same!

Bright MLS has released their Residential Market Statistics for single family homes through December  2019.  In today's podcast I will discuss 2019 results for Delaware County Pennsylvania.  If you would like information about this or any other County or any specific municipalities in the Delaware Valley, please contact me.  I am only a text, email or phone call away!  I respond to all inquiries. The report compares current results to one-year ago, same time period.  As with all Real Estate statistics, two things are true.  First, the performance within individual zip-codes can and will vary significantly from the overall County.  Real Estate is local and results can vary from neighborhood to neighborhood and even block to block.  There is no such thing as a “national” Real Estate market any more than there is a national weather forecast so, whether you may be thinking about selling or buying, please contact me for details about your areas of interest.  I can provide current information and keep you informed about the evolving market.  Deciding whether it is the right time to sell or buy is a personal decision typically involving a number of variables.  I can provide the knowledge and insight to help you decide what works for you.To read the rest of the blog post:   https://andrewwetzel.wordpress.com/2020/01/18/bright-mls-december-2019-residential-housing-report/I hope you had a great holiday season and have a happy and healthy new year!  If you want or need to sell any type of Real Estate, whether you tried and did not succeed before or are planning for the first time, NOW is the time to plan for 2020.  Please do not wait for what you think is a better or the best time to start.  Buyers look all year long and can only see and buy properties that are available to see. There is no time for inexperience, empty promises or false expectations!HIRE WISELY:  We are not all the same!

Bright MLS has released their Residential Market Statistics for single family homes through November  2019.  In today's podcast I will discuss YTD results for Delaware County Pennsylvania.  If you would like information about this or any other County or any specific municipalities in the Delaware Valley, please contact me. The report compares current results to one-year ago, same time period.  As with all Real Estate statistics, two things are true.  First, the performance within individual zip-codes can and will vary significantly from the overall County.  Real Estate is local and results can vary from neighborhood to neighborhood and even block to block.  There is no such thing as a “national” Real Estate market so, whether you may be looking to buy or sell, please contact me for details about your areas of interest.  I can provide current information and keep you informed about the evolving market.  Deciding whether it is the right time to sell or buy is a personal decision typically involving a number of variables.  I can provide the knowledge and insight to help you decide what works for you. My second point is that, unfortunately, all Real Estate statistics involving sold data is stale.  While a sale may be settled or closed today, the real question is when was the offer negotiated?  Typically sales take 45 to 60 days to close so the market today may be different.  Up-to-date information is important! As far as the statistics ...To continue reading:  https://andrewwetzel.wordpress.com/2019/12/21/bright-mls-november-2019-housing-report/Have a great holiday season and a happy and healthy new year! There is no time for inexperience, empty promises or false expectations!HIRE WISELY:  We are not all the same!

Real Estate agents are licensed by the state.  I am in Pennsylvania.  Once approved to represent or “work for” clients, they are bound by RELRA, our Real Estate Licensing and Registration Act, which is enforced by the state Real Estate Commission.  If an agent becomes a REALTOR, which means they belong to national, state and local REALTOR Associations, they are bound by a Code of Ethics which is very similar to RELRA although enforcement is handled through a local Association in most cases. Once a REALTOR is “hired” to represent a buyer-client they owe them certain “fiduciary duties” which are spelled out in the rules and regulations.  They should review and discuss them with their buyer-client to ensure that they are committed to working together.  Here is a list of things NOT to do even if the buyer-client asks you to do them or if they accept your doing them.  Most of this list comes from real-life examples, fortunately not my own.  I have been mediating buyer-seller and client-agent disputes since 2002.  In addition, I have served on all levels of our Association's Professional Standards Committee which means I have heard, reviewed, evaluated and resolved many ethics complaints.  As I like to say when I teach ethics to my fellow agents, you can't make this stuff up. Here are some examples of what NOT to do when representing a client buying Real Estate: ....To read the rest, please visithttps://andrewwetzel.wordpress.com/2019/12/14/51-things-a-buyers-agent-should-not-do-even-if-their-client-accepts-them/

Bright MLS has released their Residential Market Statistics for single family homes through October  2019.  In today's podcast I will discuss YTD results for Delaware County Pennsylvania.  If you would like information about this or any other County in the Delaware Valley, please contact me....To read the entire BLOG post, visit:  https://andrewwetzel.wordpress.com/2019/11/15/bright-mls-october-2019-housing-report/... The overall economy is doing well with some adjustments here and there.  Statistics aside, what are you planning to do?  Real Estate is generally a long-term investment unless you are looking to fix and flip it or planning to move within a short period of time.  There are opportunities out there.  As with the stock market, it is very difficult to pick the best time to make a move.  All you can do is get the best available information, determine what is in your best interests and then start the process.  I am a phone call or email away and getting started is easy once you take action. There is no time for inexperience, empty promises or false expectations!HIRE WISELY:  We are not all the same!

There are two primary tools used for conveying property information for buying and selling Real Estate.  While there are literally hundreds of possible ways to communicate this information, except for specific market segments which may use or need a different approach, all but the top two pale in comparison as far as efficiency and effectiveness.  Real Estate agents are the “match makers” bringing sellers and buyers together:  we participate in over 91% of Real Estate transactions. By efficiency I mean having the ability to mass market information as quickly as possible.  Marketing means exposure and exposure should ensure that a seller achieve the highest possible selling price in a reasonable amount of time.  Whether the value the market attaches to a property meets the seller's expectations or not is another story.  The fact is that Real Estate needs to be exposed to the mass market, properties have to be available to be shown to prospective buyers and sellers need to believe that the value they are offered has not been negatively impacted by poor or limited exposure.  Sellers are either motivated by time or money so some may be willing to settle for less if they sell quickly. By effective I mean that prospective buyers and their agents must be able to readily identify all of the options which meet the buyer's wants and needs.  Buyers need to be able to believe that they are getting the best value for their dollar by being able to compare what is available for purchase and to compare what is available with what has been sold as far as location, features, condition and price.  The concept of “data integrity” means that information is uploaded accurately so that it can be identified by people searching for it.  Of course, listing agents and mortgage appraisers need to rely on the information as well.  No one benefits from inefficient or ineffective means of conveying Real Estate information....For the entire Blog:  https://andrewwetzel.wordpress.com/2019/11/02/bright-mls-listing-statuses-and-what-they-mean/

This week Bright MLS announced a new policy regarding property listings that are “advertised”.  The policy begins with the following language:“The MLS system encourages competition in the marketplace while also ensuring cooperation and compensation among real estate professionals.  Full participation in the MLS ensures the seller has the largest possible marketplace, and the buyer has the widest possible selection.  This policy will help provide transparency and access to information in the real estate marketplace”.The reaction on Facebook was as swift and voluminous as I have ever seen in my years of engaging in social media.  I called the response “nuclear”.  While many, including myself, agree with the thought behind the policy change, a majority found it objectionable, questioning the ability of the MLS to interfere with how they conduct their business.  Let me add some history and context to the situation.To read the whole blog:https://andrewwetzel.wordpress.com/2019/10/22/new-bright-mls-listing-policy-october-2019/

Bright MLS has released their Residential Market Statistics for single family homes for the third quarter of 2019.  In today's podcast I will discuss YTD results through September for Delaware County Pennsylvania.  If you would like information about this or any other County in the Delaware Valley, please contact me. The report compares the current results to one-year ago, same time period.  As with all Real Estate statistics, two things are true.  First, the performance within individual zip-codes can and will vary significantly from the overall County.  Real Estate is local and results can vary from neighborhood to neighborhood and even block to block.  There is no such thing as a “national” Real Estate market so, whether you may be looking to buy or sell, please contact me for details about your areas of interest.  I can provide current information and keep you informed about the evolving market.  Deciding whether it is the right time to sell or buy is a personal decision typically involving a number of variables.  I can provide the knowledge and insight to help you decide what works for you.My second point is that, unfortunately, all Real Estate statistics involving sold data is stale.  While a sale may be settled or closed today, the real question is when was the offer negotiated?  Typically sales take 45 to 60 days to close so the market today may be different.  Up-to-date information is important! As far as the statistics, ....To read the whole blog:https://andrewwetzel.wordpress.com/2019/10/22/bright-mls-quarter-3-2019-housing-report/

I have been helping frustrated owners sell properties that other agents could not sell since 1996.  What does this mean?  I use the multiple listing service to monitor daily residential and multi-family properties.  I look for property listings that might appeal to my buyer-clients, that compete with properties owned by my seller-clients and those which come off the active market without selling.During the course of any year a number of property listings are canceled or their contracts expire before there is a sale.  Some of these properties will come back on the market with the same agent, perhaps at a lower price, some owners will hire a new agent thinking that will solve any problems they had and a significant number of properties will remain off the market for months or longer!  I always wonder what happened with whatever plans those owners and families had.To read the rest, please copy and paste this link:https://wordpress.com/post/andrewwetzel.wordpress.com/2656