Search Results for strategy tag:searchlightcrusade.net,2020:/mt//feed/strategy 2020-04-03T04:14:13Z Movable Type 4.21-en 177 1 177 What Do Buyer's Agents Do? tag:www.searchlightcrusade.net,2007://3.3491 2020-03-30T14:00:00Z 2020-03-30T13:55:03Z Dan Melson http://www.searchlightcrusade.net/ Got this search: "should I get a buyer's agent if I've already found a house" The answer is almost certainly yes, but I am going to examine both the pros and cons. Full disclosure: This is what I do for... Listing Agents Claiming There Are Multiple Offers tag:www.searchlightcrusade.net,2009://3.4683 2020-03-29T14:00:00Z 2020-03-29T17:33:38Z Dan Melson http://www.searchlightcrusade.net/ Once upon a time, this was a good way to get more money for your listing. This led to a classic tragedy of the commons. Because it didn't take hardly any extra time, and there was no reason not to... Buyer's Markets tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2888 2020-03-02T15:00:00Z 2020-03-02T16:37:16Z Dan Melson http://www.searchlightcrusade.net/ One of the phenomena that I have encountered is fear of the market in buyers. They are concerned if prices are falling, and that they will lose some or all of their investment if they buy. Well, the first... Buyers: Stretching Your Budget Means Compromise tag:www.searchlightcrusade.net,2010://3.5008 2020-02-23T15:00:00Z 2020-02-23T17:38:58Z Dan Melson http://www.searchlightcrusade.net/ As a good buyer's agent, I love a challenge. When someone comes to me trying to make a budget stretch just a little bit further than it would usually go, that's the kind of client I love to have.... Top Twelve Things That Help You Buy Property At A Bargain Price tag:www.searchlightcrusade.net,2010://3.5007 2020-02-18T15:00:00Z 2020-02-18T18:07:59Z Dan Melson http://www.searchlightcrusade.net/ Quite a while ago, I wrote Top Ten Reasons You Bought The Wrong House and Top Ten Reasons Your Home Isn't Selling. In that vein, I'm going to write a list of the most important things when you're shopping for... Online Real Estate Photographs - You Have Heard of Photoshop? tag:www.searchlightcrusade.net,2010://3.5005 2020-02-13T15:00:00Z 2020-02-13T15:17:09Z Dan Melson http://www.searchlightcrusade.net/ When Israel invaded southern Lebanon a few years ago, this picture from Reuters ran worldwide The problem was that it was heavily photoshopped by a Palestinian stringer trying to make it appear like the Israelis were setting the entire... Considering Condos, Townhomes, and PUDs tag:www.searchlightcrusade.net,2009://3.4569 2020-01-27T15:00:00Z 2020-01-27T16:52:38Z Dan Melson http://www.searchlightcrusade.net/ The vast majority of the population out there wants single family detached housing. The virtues and benefits of the single family residence have been extolled ad nauseum, and the drawbacks of the alternatives are the stuff of urban legend. Unfortunately,... Lipstick on a Pig: Selling the Property You Should Never Have Bought tag:www.searchlightcrusade.net,2010://3.4999 2020-01-26T15:00:00Z 2020-01-26T17:41:08Z Dan Melson http://www.searchlightcrusade.net/ Lots of properties have some kind of problem with them. Maybe you bought in full recognizance because of something else about the property, but probably not. Mostly it's directly a result of not spending the effort to find a good... Properties With Accepted Contracts Aren't Available tag:www.searchlightcrusade.net,2011://3.4921 2019-11-23T15:00:00Z 2019-11-23T16:41:30Z Dan Melson http://www.searchlightcrusade.net/ This is one of the hardest things to get across to many people - agents included. A property with a fully negotiated purchase contract is not one that someone else can buy. They have a legal agreement binding them to... Buyer's Basic Guide to The Foreclosure Process and REOs tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2747 2019-10-29T14:00:00Z 2019-10-29T15:21:28Z Dan Melson http://www.searchlightcrusade.net/ I've written articles on when you can't make your mortgage payment and how to react if you see foreclosure coming in time to do something about it, and even on Short Payoffs, but all of those are owner (seller) oriented.... Why Do I Want A Buyer's Agent? tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2735 2019-10-19T14:00:00Z 2019-10-19T14:50:03Z Dan Melson http://www.searchlightcrusade.net/ Got this search: "should I get a buyer's agent if I've already found a house" The answer is almost certainly yes, but I am going to examine both the pros and cons. Full disclosure: This is most of what I... How to Effectively Shop For A Listing Agent (Part II) tag:www.searchlightcrusade.net,2008://3.4352 2019-10-01T14:00:00Z 2019-10-01T14:58:59Z Dan Melson http://www.searchlightcrusade.net/ Continued from Part I Interview lots of agents. Once again, my experience is that the agents at small independent brokerages tend to be sharper than the ones at large chains, but that's only true in the aggregate, and the large... How to Effectively Shop For A Listing Agent (Part I) tag:www.searchlightcrusade.net,2008://3.4351 2019-09-30T14:00:00Z 2019-10-01T15:00:35Z Dan Melson http://www.searchlightcrusade.net/ This is the final article in this series, and the most difficult. The reason is very simple: Unlike shopping for buyer's agents or shopping for loans, you have to make a binding choice - it is in your best interest... How to Succeed at Low Balling on Real Estate tag:www.searchlightcrusade.net,2008://3.4343 2019-09-25T14:00:00Z 2019-09-25T12:51:53Z Dan Melson http://www.searchlightcrusade.net/ A while ago now, I spent several hours showing properties I had found to a couple of investors. One was a lender owned fixer, fairly priced at $440k. It needed carpet, paint, landscaping, and some facade work. The last comparable... Should You Pay Off Your Mortgage Faster? tag:www.searchlightcrusade.net,2008://3.4324 2019-09-18T14:00:00Z 2019-09-18T14:46:23Z Dan Melson http://www.searchlightcrusade.net/ I have to admit to being conflicted. The numbers say no. The psychology says yes. Let's examine both. Most first mortgages out there are between six and seven percent, and tax deductible at a marginal rate of about 28%. If... How to Effectively Shop for a Buyer's Agent tag:www.searchlightcrusade.net,2008://3.4307 2019-09-12T14:00:00Z 2019-09-12T12:57:55Z Dan Melson http://www.searchlightcrusade.net/ This is easy. Much easier than effectively shopping for a loan or a listing agent. So easy that a congresscritter can do it. So easy that congressional leadership can do it. The only thing possibly moderately difficult to understand is... Listing Agreements: Exclusive Right to Sell Versus Exclusive Agency tag:www.searchlightcrusade.net,2008://3.4282 2019-09-05T14:00:00Z 2019-09-05T15:18:31Z Dan Melson http://www.searchlightcrusade.net/ There are actually several different kinds of listing agreements. They get their names from the rights conferred when you sign the contract. The vast majority of agreements concluded are either Exclusive Right to Sell or Exclusive Agency. Exclusive Right To... Negotiation Requires More Than Dueling Ultimatums tag:www.searchlightcrusade.net,2010://3.4951 2019-09-01T14:00:00Z 2019-09-01T14:53:35Z Dan Melson http://www.searchlightcrusade.net/ Not too long ago, I started negotiating for a property. I did extensive research online, and and I and my clients visited several competing properties. We made an offer that was a little under 90% of the asking price, and... Pocket Listings: Out of Sight, Out of Mind tag:www.searchlightcrusade.net,2013://3.5081 2019-08-20T14:00:00Z 2019-08-20T13:36:31Z Dan Melson http://www.searchlightcrusade.net/ Every so often, you will see references to a "pocket" listing. These are usually bad for owners, and usually bad for buyers, but good for agents. A "pocket listing" is one where there agent keeps the listing "in his pocket"... "All of the Good Properties Get Offers So Fast!" tag:www.searchlightcrusade.net,2011://3.4620 2019-08-13T14:00:00Z 2019-08-13T17:50:57Z Dan Melson http://www.searchlightcrusade.net/ That's way up there on the list of complaints buyer's agents get. Probably number one, definitely no lower than number three, and it's only going to get worse when the markets recover. There's really only one honest response: "Well,...