Archive for the 'Real Estate' Category
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Investors seem to be taking a shotgun approach to finding steals… fax off several lowball offers on various properties all at once. It’s the latest way to find sellers willing to “give away” their properties.
In the event of an escrow dispute (buyer and seller disagree or both claim all or part of the deposit), typically FREC can review the details and issue an Escrow Disbursement Order (EDO). Easy solution, and the funds get to where they should go. However, FREC doesn’t do this for a title company or attorney escrow account.
The U.S. Department of Justice (DOJ) seems to think there could be better competition in real estate (see their site: Competition and Real Estate).
What really bugs me… the DOJ says “Consumers can save thousands of dollars”. They even chart the savings of choosing various business models such as flat fee MLS, limited services, and sale [...]
As a real estate professional and REALTOR® for nearly four years now, I thought I’d offer my insight for other agents, whether you’re new to the business or a 25 year veteran, on what I feel it takes to be successful, and what is changing in real estate that we all need to be aware of to continue to succeed.