Head Scratcher: $100K loan orig. fee, poof! Maybe it’s our hot weather. June 27, 2008
Life in the escrow business:
A borrower notices a $100,000 loan origination fee on a very large transaction, puts on the brakes and says, “not so fast.” The borrower stops the transaction after the loan officer and borrower can’t work it out.
I know Lynlee mentioned a nutty conversation in an earlier post, but this [...]
The Commission-Based Fee Structure: it’s Bad for Buyers April 22, 2008
This post is not legal advice. For legal advice, consult an attorney in person, not a blog.
[Sorry, no links or cites here, but I think the following historical perspective is undisputed:] Originally, real estate agents (and brokers, referred to collectively in this post as “agents”) represented only the seller. The “listing” agent [...]
Using an agent to buy a house? That is soooo 20th century… March 31, 2008
This post is not legal advice. For legal advice, consult an attorney directly (i.e. not via a blog).
This is Part I of a multi-part post.
Part I: Visiting the Property
Several months ago, I authored a post about buying a house without utilizing the services of an agent. It generated quite the conversation (concluding with [...]
Leave it to Marlow… February 26, 2007
…to come up with the most provocative (and interesting!) commentary on Redfin’s press release from today…
Some more opinions from around the web:
Greg gives a thorough round-up (as usual) with more than a dash of opinion thrown in
Straight from Redfin
The Freakonomics take on the date
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$100,000 + in consumer savings: It pays to shop February 1, 2007
Since Ardell mentioned the rebates her clients enjoyed, it got me thinking about our small business and how we stack up. During 2006, our purchase and sale clients saved over $60,000 in escrow fees alone compared to our competitors, more if you add up all the other industry inventions consumers are charged for. [...]
Commission double-take January 9, 2007
Ok, for those of you thinking from the title that I’ll be going back to the subject of dual agency and taking a seller and selling side of a commission this is about something else. What I’ve got a question about as well as a big concern right now is that I just got [...]
Buyer Agent Commission September 29, 2006
I was reading Greg’s newest article on Buyer Agent Commissions and thought it might add more information to both his readers and ours, to run a “Point Counter Point” kind of discussion. So I have his article up side by side and will touch on some of the points where I either disagree with [...]
10 Great Conversations August 22, 2006
Just for fun, I started recording notes on real estate conversations I enjoy following and I decided that when the list hit ten, I’d hit publish:
David Smith has a great (no wining allowed) article about the housing bubble. I only wish David interacted with the real estate blogging community a little more because [...]
The MLS and Creative Sales August 2, 2006
It’s amazing the stories I hear about the self-policing that occurs on the MLS (some of it seems more like snitching, in my opinion). One of the big no-no’s is listing any reference to an open house in a listing’s marketing remarks. The reason for this rule seems clear enough; with so many of [...]
I FEEL LIKE A DOG!!
I feel like a dog this week. Four times this week I went into people’s homes to tell them what they needed to do to get top dollar for their home. The last two times I turned people’s homes upside down and sold them quickly for top dollar, I had no problem at [...]
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