By John Blom Iām often asked why I spend as much time as I do volunteering with the state (Washington REALTORSĀ®) and National Association REALTORSĀ®. There are many reasons, but perhaps the greatest is that I truly believe in the importance ofĀ homeownership advocacy at every level. I believe in the value of owning a home, and that this opportunity …
4 Ways to Find Off-Market Deals for Buyers
By James Vasquez If youāre like most real estate agents, you probably source deals for your clients who are looking for fixer uppers or rental property using only one tool, your local multiple listing service (MLS); ours is San Antonio Board of REALTORSĀ® MLS. When I first got started in real estate seven years ago, I fell into the same …
Educating Clients on HUD
By Ryan Fitzgerald Given the large financial requirement of buying a home, itās often out of reach for a large portion of the U.S. population. The economic recession, which was triggered by the collapse of real estate and mortgage lending markets, further decreased home buying accessibility. A number of lenders have returned to the 20 percent down requirement when purchasing …
Work Smarter With Buyers, Not Harder
If you’re looking for yet another reason to attend the REALTORSĀ® Legislative Meetings & Trade Expo in D.C., this is it. YPNers are being offered an exclusive rate of just $49 for the two-day ABRĀ® designation course (Accredited Buyer Representative) taught by national trainers Adorna and Jenna Carroll. The course will be held Monday and Tuesday, May 9 and 10, …
3 Tips for Preparing Buyers
By Andrew Janos As the real estate market continues to be fast-paced, the need to prepare your buyers is growing exponentially. Making sure buyers have a grasp on the market conditions and purchase process will allow you to manage expectations through the entire purchase. Here are three tips: Get pre-approval: Preparing a buyer financially ensures that they do not fall …
To Serve and Be Served: A Once in a Lifetime Transaction
By Christian Zarif I almost didnāt answer my phone. I was in San Francisco for our national REALTORĀ® convention and rushing to get out of my room to an engagement (running 5 minutes late, of course). The strange number called twice in a row so I figured it must be urgent. When I answered, I could hardly make out the …
Gen Y Agents and Boomer Clients: Getting Beyond ‘You Look So Young!’
By Michelle Flaherty Philbrook A while back, I got a call on a condo listing of mine. The potential buyers were a retirement-age couple looking for a new place just large enough for their kids to stop by for a visit, but just small enough that their fledglings couldnāt fully return to the nest. I showed the condo, and when …
The Drug Called Negativity
By Dave Robison It was a beautiful day and I was excited to get working.Ā One of my agents, Debbie, came into the office all ready to start her day, too. She had a buyer who, though she had seen around 15 homes, couldn’t come to a conclusion about what she wanted to buy. I had shown the same buyer …
Housing Affordability at All-Time High
By Jared James Did you know that cash buyers have made up over 30 percent of the overall buying market for five consecutive months? To give you some context, only two short years ago cash buyers only accounted for about 12 percent of the market. More importantly, do you know how to leverage them to make more money this year? …
Why I Love Being on the Buyer’s Side in a Short Sale
By TG Gallaudet Wait…I’m totally lying. Is there anything more painful? š It’s no mystery that short sales can be really tough because of all the variables involved: * Unclear timelines from the bank. * Undisclosed liens. * Back HOA expenses the bank won’t pay. * Non-straightforward buyer. * Inexperienced listing agent. * Cash contributions (increasingly more and more). * …