Category: Agency

Should I Sell My Home As A “Pocket Listing”?

A client of mine is always on the lookout for properties for sale. Although she is not ready to buy yet, she likes to see what options are out there for her, and she’s always checking out the available inventory. Recently she was driving through a very desirable neighborhood and saw a higher-end home for sale. Curious, she checked the local listings on Realtor.com, Zillow.com, and the website of the Realtor advertised as the listing agent but did not see the listing. After several days of looking, she contacted me and asked about why a Realtor would not list a …

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Can I Fire My Real Estate Agent?

Last week, I had asked on Twitter and Facebook “what’s the one thing you expect most from your real estate agent?”  The responses varied in general, but one specific thing that came up was that people wanted their real estate agent to listen.  A novel concept, really … we all want to be heard.  Out of that question, someone on Twitter followed up by suggesting that when you have a contract with a listing agent, you can’t fire them, even when that agent isn’t listening. @NRVLiving How can you fire someone with the contract? You either wait out the listing …

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The Roanoke Times Explores How Nest Realty Does It Different

I still don’t understand why articles in the Sunday New River Valley Current Real Estate section aren’t linked online, but I can write up the article here.  Sarah Cox took the time to sit down and find out a little bit about what makes Nest Realty different from other real estate firms here in the area. “An innovative approach to selling real estate” Jonathan Kauffmann, who started Nest Realty in Charlottesville in August 2008 and hired his first agent in February of the following year, has opened a branch in Blacksburg, but is tightly holding onto the reins of fast …

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Why I Think One Real Estate Agent Shouldn’t Do The Job Of Two

Interesting how things seem to fall into place all at once. Over the last several days, including just three hours ago, I’ve talked with three sellers, and one buyer, about single agent dual agency and I won’t participate in it.  I’ve said before that if an attorney can’t represent both sides, why can I?  Then, I see this post on BlogByTheBay.com about the perils of dual agency. Consider (bolding mine): There are plenty of agents who are happy to represent both sides in a transaction since they earn twice the commission, but there are a number of us who refuse …

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Three Reasons Dave Ramsey Got It Right

A few days ago I linked to a bit from The Dave Ramsey show, where Dave talks about why he’d use a real estate agent to sell real estate in spite of the fact that he might save a little money selling By Owner.  As I thought more about it, I realized there were three reasons why I think he got it right. But first a story. I purchased a home, my first home, For Sale By Owner.  My wife and I had been working with a great agent here in Blacksburg, and we found this home while walking through …

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Dave Ramsey Tells You Whether He’d Use A Real Estate Agent Or Not

Dave Ramsey, the guru of getting out of debt, talks a lot on his show about ways to avoid paying unnecessary fees and penalties, and encourages people to save far more than they spend – novel concept, right? He had a question on his show in October, that a couple of people who listen regularly heard and sent me a link.  The question had to deal with whether or not to use a real estate agent to sell a home.  Economically, that makes sense – a $200000 home with no mortgage is going to net the owner ~ $200000 (minus …

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The Real Estate Agent of the Future

I read this on Wolkia a few days ago … It sat in my browser for a few days, and then I went back to it and read it again.  This paragraph in particular struck me: Let’s face it, in some states it is easier to become a real estate agent than it is to become a hair dresser.  Most real estate company’s hiring requirements only consist of a pulse and a real estate license.  Continuing education requirements, while they mean well, do not provide the real education an agent should have.  Electricians, plumbers….they are required to be a student …

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