Sellers shouldn't put their home on the market until they have a good idea where they are going. https://www.wsj.com/articles/when-home-sellers-stay-on-as-tenants-1489072782 When Rosemarie Roussel sold her one-bedroom co-op in Midtown Manhattan in late 2015, she also...
Listing Agent Practices
RSF Spec House
These guys have been building the light, open, modern look up and down the coast, and providing a great custom product. This one can be yours for $11,000,000! Here's how it looked in the N.Y. Times:...
Staging A Home to Sell
More introduction to our favorite home-staging company, Transformed to Sell. In this video you will hear third-party testimonials of how home staging benefited the sellers – and buyers too!
Auction Questions
David from Louisiana sent this in: Jim, I just watched your first attempt at the auction and must say that you did a fine job as the auctioneer. I have been a real estate auctioneer/realtor for 30+ years and have often recommended an auction to fellow realtors in high...
Realtor Auction
For those who wonder how an auction might look, here was my first attempt:
Market-Rate Sellers
Marc Davison suggested here that we re-brand the word 'realtor': http://www.inman.com/2017/02/14/the-case-for-killing-the-term-realtor/ He was met with the usual drivel from agents, some of whom mentioned the big difference between a real estate licensee and a Realtor...
Real Estate Kiss of Death
How do you know when your offer isn't going to go too far? When the listing agent tells you, "I sent your offer to my sellers". Come on Jim, don't you expect the sellers to read it? Yes, I do, but it would be nice if the agent also offered some advice. I always...
Best Seller Tip
What can a home seller do to help make a sale? Respond to an offer in less than 24 hours. Here's what happens if you don't: Once a buyer signs a contract, buyer's remorse starts to set in. If allowed to fester for a day or two, buyers will talk themselves out of...
Homebuyer Torture
You've been thinking about moving for a while, and are sensing that 2017 is going to be your year. What can you expect from the sales process? We already know that to buy a house, you need four things: Right house Right price Right seller Right listing agent How...
Ethics Violation
For the first time ever, I'm going to file a complaint against another realtor. In this case, the listing agent discounted her commission so her buyer would win, even though my all-cash buyer had a higher offer. It is in the vaunted Realtor Code of Ethics that any...