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Featured Real Estate Articles

Is Your Real Estate Agent A Spy?
If you are looking for a house, your real estate agent isn't yours unless he or she is a buyer's agent. This means you better watch what you say. The real estate agent, unless specifically contracted as a buyer's agent, is working for the ...

Montecito Real Estate from here to there....
So, where is Montecito Real Estate??? Well as with the rest of Santa Barbara Real Estate the area is south facing to the ocean. So starting on the East it begins in Toro Canyon about Foothill. Then it continues up Toro Canyon and goes West along East ...

Real Estate Auctions
Real Estate Auctions If you are interested in either buying a house to live in or buying a house or property for an investment, you should look into real estate auctions. Many houses that have foreclosed are put up for auction, sometimes saving the buyer ...





7 Questions To Test The Loyalty Of A Real Estate Agent
 
Buying or selling a home can be especially difficult when dealing with
an incompetent or disloyal real estate agent. Now, don't get me wrong, I'm not out to knock realtors.

I'm the first to admit that many agents are excellent and worth their
weight in gold. However, most real estate agents fall into one of
three categories: good, average or poor.

Then, there is that worrying small percentage of agents who are
downright incompetent. Every industry is inflicted with this type of
person and I suspect the real estate industry has more than its fair
share of incompetent agents.

The truth is; a good and a bad agent have one thing in common -
their job is to be a “deal-maker.” But, be warned - some real estate
agents will perform all sorts of tricks to stitch up a deal. This is fine
so long as they are not “stitching up” the buyer or the seller. There's
nothing wrong with enthusiasm to pull a deal together - it is to be
applauded. However, a good agent needs to remain professional
and ethical at all times throughout the selling process.

Unfortunately, most homeowner's are reasonably inexperienced
when it comes to buying or selling a property. They rely greatly on
the “perceived” ability of the agent they are dealing with. In reality,
most homeowner's are “fair game” for a disloyal, dishonest, or
incompetent agent!

In any negotiation, WIN - WIN deals are the best. But, sometimes
when buying or selling a house, things happen to benefit just one party. the buyer, the seller or possibly just the real estate agent. Therein lies
the danger. Who is the real estate agent really working for? Where do
his or her true loyalties lie? With the seller, the buyer or themselves?

These 7 questions will help you decide who the agent is really working
for. Visit any open home and test these questions out on an agent.
Good or bad, the answers will reveal something about that agent and
his or her ability and true loyalties. If the real estate agent betrays the seller, they will betray you as well. If they defend the seller, it's likely
they will defend you too. Ask the real estate agent these 7 questions:

1. How much will the seller take?
You may learn the bottom price that the seller will accept.

2. How much do you think the home will sell for?
You may discover that the agent has an opinion less than the asking price.

3. When does the seller need to move out?
The agent may reveal an urgent deadline. This could be an advantage in
negotiating a lower price.

4. Why is the homeowner selling?
The agents may reveal a confidential reason for selling.

5. How long has the property been on the market?
The agent may reveal if, or why, the property has been difficult to sell.

6. Who priced the property?
The agent may be quick to deny any involvement and in some cases
may blame the seller for being greedy.

7. What other homes are there in competition to this property?
This is particularly useful information, so long as the agent gives you
an honest answer. Ask the agent to show you some of these competing
properties.

These questions are simple and not hard to ask. However, failing to
ask these types of questions can put a buyer (or seller) at the mercy
of a disloyal, dishonest, or incompetent agent. Buying or selling a
home is a big investment for most people; so it is well worth the effort
to select an agent you can trust and have confidence in.

About the Author
Home Selling Secrets Revealed.
Tips and ideas on how to get top price selling your home, how to
choose real estate agents, or advertise your house for sale privately.
http://www.instantsellhome.com

Real Estate News



Al-Arabiya

Police: Ind. gunman who shot himself after releasing hostages from real estate ...
Washington Post
VALPARAISO, Ind. — A gunman looking for someone he believed owed him money shot himself inside an Indiana real estate office several hours after releasing hostages Friday, and he died after being rushed to a hospital, police said.
Ind. Man Takes Hostages, Shoots Self in...ABC News
Ind. man takes hostages, shoots self in officeAtlanta Journal Constitution
Gunman in Indiana standoff dies after shooting himselfChicago Tribune

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Commercial real estate services expanding in US
Reuters
By Ilaina Jonas | NEW YORK (Reuters) - New commercial real estate brokerages are launching in the United States, in what may be a sign that the market's recovery is durable. Australia's UGL Ltd (UGL.AX), a huge property manager, plans to expand in the ...
Newmark Knight Frank Devencore Issues Spring/Summer 2012 Toronto Industrial ...Construction Digital (press release)

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Jill on Money: Real estate, munis, life insurance
CBS News
To understand the issues surrounding the Facebook IPO, check out this quick video: The real estate market seems to be bottoming, according to experts like Ilyce Glink. I take that call pretty seriously, since Ilyce has been covering the housing market ...
Explanation not likely for prospective buyer rejected by co-op boardChicago Tribune

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Real estate spotlight, May 25, 2012
Seattle Post Intelligencer
By AUBREY COHEN, SEATTLEPI.COM STAFF Is your dream to live on Lake Washington? How about in this home, 8750 Sand Point Way NE, listed for $3.395 million? The 6200-square-foot house has five bedrooms and 4.5 bathrooms, including a master suite with a ...


About real estate: Nation's biggest lender offers payments to troubled ...
Chicago Daily Herald
Q. I am a longtime reader of your column, and am especially appreciative when you write about various pet-related real estate issues. I am hoping that you will tell your readers how my terrier, Billy, died three weeks ago in my laundry area because he ...

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