Morning reading
So you want to be a landlord? One aspect of being a landlord that is often forgotten (especially in this exuberant market) - Expect routine cash outlays. Rental properties aren't all about money coming in. You'll probably need to paint apartments (or offices) between tenants…
Why not all agents are rich
Slate's take. With all these new agents swarming onto the scene, the price they charge may remain constant, but the number of houses each sells will not. The zero-profit condition predicts that, in locales where housing prices rise, the number of agents will also rise,…
What do you want in a Realtor?
Integrity, prompt response time and commitment are among the most important factors consumers consider when choosing a real estate agent, according to a new survey. It's a darn shame that integrity is something that is such a rarity, rather than a simple expectation. Maybe if…
The worst-written ad I have ever seen. Period.
This, for a "handyman's special" in Orange. The public remarks - A HANDY MAN SPECIALIF THERE EVER WAS ONE, 200 AMP SERVICE, HEAT PUMP COMPRESSOR AND DYCT WIRK IN PLACE FOR THE BEGINNING OF REHAB, CHECK THE TARPOLIANS ON THE FOOF, SEPTIC FOR 2 BY…
Bubble discussion
Inspiration from the HousingBubble - What are your thoughts as to whether there is a "bubble" in Central VA? Is our market different? How? How not? My response will come shortly ...
Loyalty
Several times this year, I have experienced or heard first-hand stories about Buyers who will initiate a relationship with a Realtor to search for a home and ultimately not work with that (or any) Realtor for representation. I have seen it written that Realtors give…
Inexperienced Agents in Charlottesville
Record numbers of new real estate agents and a rising number of complaints - and worse - against the industry have veterans alarmed about whether these novices really know how to buy and sell a house. ... "There's an overwhelming number of new people with…
“Discount” brokerages
What I can't stand is that they advertise in newspapers or mailouts they only charge 1/2 or 1-2% fee or compared to a Full Service company fee of 6%. (which is far and few) Some use a chart state showing as a example that you…