LEARNING BETTER WAYS TO SERVE OUR CLIENTS IN TORONTO I'm in Toronto at the Summit Conference for Prudential Real Estate. I'm here with some of the very best real estate agents from around North America. We are sharing and learning about great ways to market our listings through a variety of online options. Social media is a big part of the future of real estate sales. We are seeing effective Continue Reading
opinions - Page 3
Will you be kicking yourself 5 years from now for not buying a home?
WILL YOU BE KICKING YOURSELF 5 YEARS FROM NOW FOR NOT BUYING A HOME? I remember the days in 2003, 2004 and 2005 when buyers were all saying, "I wish I would have bought in 2000". Now we all know that the market got extremely overheated and prices went nuts. I'm not hoping for that market again, but I am seeing signs of improvement in our market and I wonder if we aren't at a point when in 4-5 Continue Reading
How long can I stay in my home?
HOW LONG CAN I STAY IN MY HOME? I'm often asked this question when listing a client's home as a short sale. With all of the changes taking place in the short sale market, it's difficult to have a set answer. The answer these days is less time than it was even a a few months ago. The bank that holds the mortgage wants the seller to stay in the home right up until close of escrow. Once we list a Continue Reading
Las Vegas Real Estate Market Update April 2012
LAS VEGAS REAL ESTATE MARKET UPDATE APRIL 2012 Have you ever heard the saying "If you don't like the weather, wait a minute." Well, that applies to our real estate market too. The most recent development surrounds our current inventory. As of this moment we have 5,474 single family homes available in our entire multiple list. We have 13,113 single family homes in escrow. We have closed 3,195 Continue Reading
Will The New Legislation Put A Freeze on Foreclosures?
WILL THE NEW LEGISLATION PUT A FREEZE ON FORECLOSURES? We have all heard the doom and gloom being espoused about AB284. The legislation in general terms increases the responsibilities of the foreclosing entities. It asks them to provide a sworn affidavit and other elements with the intention of preventing incorrect and illegal foreclosures. The banks pushed back hard against this bill, but to Continue Reading
What Should I Do With A Low Offer On My Short Sale Listing?
WHAT SHOULD I DO WITH A LOW OFFER ON MY SHORT SALE LISTING? Short sales are unique in a lot of ways. One way they aren't unique here in Las Vegas is that the bank holding the lien will want fair market value for the home. The lien holder will recognize that they need to offer some discount for the inconvenience, but that discount is usually in the form of buyer closing costs or a couple of Continue Reading
What About This Market?
WHAT ABOUT THIS MARKET? I truly enjoy my work. I enjoy getting my sellers the highest possible check at close of escrow and I enjoy finding my buyers a great home and getting them a great deal. I also enjoy talking about my work. Whenever anyone finds out that I'm a Realtor, they invariably have questions for me. They usually are curious about the real estate market in general and will ask Continue Reading
Convergence
CONVERGENCE As you may remember from previous Newsletters, I enjoy the outdoors and walk daily. I trek down the same trail each day never getting bored with the scenery and apparent safety of the route. The routine adds a sense of security and solitude, creating a mental atmosphere that is conducive to my wandering thoughts that seem more significant and worldly wise than they really are. Today I Continue Reading
Single Step
SINGLE STEP What an effort it was today to complete my four-mile walk. I don’t just walk, but I keep the pace that would excite a drill sergeant in boot camp. However, what made today different was that I started on my excursion later in the day, the heat was already climbing, and I had not been feeling too well for the past two days. Not a good combination to successfully achieve your exercise Continue Reading
The Little Things Make the Difference
THE LITTLE THINGS MAKE THE DIFFERENCE It seems like yesterday that I started this series of newsletters for my favorite clients and friends. Looking back however this is my 63rd edition. In the beginning, I would never have thought that I would have this much to write about or ever dreamt that it would be interesting to those who received it monthly. I have been quite surprised on both counts! On Continue Reading