ARCHIVED BLOG POSTS
2013
There is no rule in real estate, of which I am aware, that states an offer to purchase needs to be written up ONLY by the buyer/buyer's agent. A reserve offer IS AN OFFER, fully written and signed by the owner/seller. The offer is submitted to the buyer via their agent with all the terms and con...
11/20/2013
F-I-D-U-C-I-A-R-Y A fiduciary is a licensed professional and in their capacity they are legally allowed to REPRESENT THE CLIENT. A fiduciary is duty bound, having "Fiduciary Duties" to their clients to work in the BEST INTERESTS OF THEIR CLIENTS!! A fiduciary can be a Executor/Executrix of a t...
11/20/2013
My Lenders Says "Short Sales Aren't Approved Because They're Waiting for Better Offers" The call came in from a customer who was interviewing buyers agents. Okay, sure . . . go ahead. The conversation rolled around to short sales, and I was informed by the caller that the reason short sales do ...
11/20/2013
37
Comments
Looking at the Listings . . . Since my client base is buyers, and has been for close to 15 years, I've noticed something interesting. Clients who send me listings. I think that's great! They'll be up at 11:50 PM obsessing over finding the right house, looking at the listings, probably with Len...
11/19/2013
6
Comments
Location is a Buyer's Preference There are really only three things that matter when buying real estate. They are: Location Condition Price Location + Condition can very well = Price. And because of that, there are properties in some areas/locations which are on the high-end and some on the low-...
11/18/2013
The Boyscouts aren't the only ones that the Motto "BE PREPARED" comes in to play! Lenn's post is good and I'd further add that I've also consulted with buyer spouses, or significant others to BE PREPARED themselves! If one buyer client of the pair is NOT available, I make every effort to prepare ...
11/18/2013
Homes for Sale in NE Portland Real Estate Market Report Oct. 2013 The homes for sale in NE Portland had the following break-down for Oct. 2013 Active Listings: 513 New Listings: 287 Pending Listings: 236 Sold Listings: 231 Average Sold: $329,800 Total DOM: 50 The Absorption Rate of Homes for...
11/17/2013
2
Comments
Day 16 . . . Random Acts Today is Day 16 of the November challenge. In promising myself I'd write a post-a-day I needed a little inspiration. I remember reading Tammy Lankford's post with 30 suggstions for post ideas. I said to myself that whatever was #16 suggestion would be the topic of my p...
11/16/2013
I am not a listing agent. While my license allows me to list properties and engage in representing sellers, my practice and business model is that of Exclusive Buyer Agency. That said, there is a lot of consideration for listing agents when they work for sellers. The key to an ethics violation ...
11/15/2013
6
Comments
The Truth About the Portland Real Estate Market . . . As a Portland Real Estate Broker going into my 15th year, I actually do know the markets. And right now . . . hate to break it to Buyers . . . but the market is NOT favoring them at the present time. Please don't call me negative. Last time ...
11/15/2013
Rainmaker
1,562,386
1,562,386
