Real Estate blog

Archive for the ‘Moving companies’ Category

In any market, but particularly a buyer’s market, the listing that looks the best, shows the best and feels the best will sell faster (that is given the listing is also priced properly!). The best staged home will sell faster when all other things are comparable (price, terms, location).

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There’s a multi-factorial equation brewing out there that is going to impact real estate investors.

There’s no getting around it: there’s simply too many real estate agents out there.

I wrote in a recent post that real estate investors who work with a Realtor will generally end up overpaying for their services; if you pay a $12,000 commission check it’s highly unlikely that you’ve actually gotten $12,000 worth of time or effort out of the Realtor that supported you. And note that a healthy portion of that fee will be passed directly to the buyer – the idea that “the buyer doesn’t pay a commission” is a myth.

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Yesterday Massachusetts became the first state to take an aggressive move in blocking foreclosures when Governor Deval Patrick announced measures to protect homeowners facing foreclosure.

Lots of ink has been spilled on how our jittery market is impacting homeowners. But it’s hard to find anyone writing on the question that looms largest in the minds of most investors: what do I do now?

There, of course, is no single right answer to this questions – it will depend you’re your risk appetite, your local market, your time horizon, and your view of what the market is going to do next. But from where I sit I see five basic paths forward for investors in 2008:

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There’s no getting around it; investing in real estate means dealing with people. Building skills as a negotiator is the most important part of being successful as an investor.

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I wrote recently about how I was annoyed at USAA’s excessive fees for pre-approving a mortgage (fifty buck fee to fax me, their member of seventeen years, a mortgage pre-approval.)

Well I decided to give ‘em another chance.

Los Angeles County planners will scrutinize the land application form submitted by Las Lomas Land LLC, after a discrepancy was found in the document.
The Director of Planning for the county, Bruce McClendon, is quoted from The Signal Wednesday that “he’s taken his probe into the Las Lomas land application to the next level after finding conflicting information on the application.” The Zoning and Subdivision Application listing the parcels of land show the applicant and the owner of the property as the Las Lomas Land Company LLC, signed by developer Dan S. Palmer in 2003.
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There are 3 basic reasons why many agents fail to conquer the most important real estate system to implement – your Sphere of Influence (SOI) and Past Client Referral System.

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The normally laser-focused Pat Kitano showed me yesterday that it’s actually okay to write the occasional off-topic post. So here’s mine: a word of warning to you unsuspecting consumers who might be considering purchasing a Gateway (soon to be Acer) product.

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