Archive for You Don't Know Jack
Pending U.S. home sales rise in July
and the dark clouds begin to part . . .
Pending U.S. home sales rise in July
WASHINGTON (MarketWatch) — Boosted by low prices and a home-buyer tax credit, pending sales of existing homes rose in July for the six straight month, the longest streak on record, a real estate trade group reported Tuesday. The pending home [...]
Three Peaks
…..
Dual Agency fleshed out..
When I was a kid, our family never talked about sex or money at the supper table…. How impolite!..
Today, agents are still that way, about money…
A typical listing, in SF, on a $100,000 property, carries a 5% commission… the typical agent would rather pocket $5,000, as a dual agent, than take $2,500, and see another [...]
San Francisco in Ruins
Re-photographing George Lawrence’s “San Francisco in Ruins” (Be Prepared for the upcoming Big One, even though SF ignores the “NonDuctile” concrete blds…like the Fontana East-West)
http://earthquake.usgs.gov/regional/nca/1906/kap/
Real Estate Cafe
This guy is honest, creative, and way ahead of the curve…. He predicted the current economic and real estate collapse three years ago. To read him, is to “get inspired”.
Real Estate Cafe
The pitfall that is “Dual Agency”
The pitfall that is “Dual Agency”….. The moral: understand the commission cash flow, in any given scenario.
Why would you spend $100,000 to recover a $34,000 deposit? Principle, of course.
The real estate industry is rife with conflicts, incompetence and fraud. And, if Stern can donate a little (OK, a lot) of his boundless energy to reform [...]
Contains No Arsenic
We recently published a free home buyers guide that was featured on Market Watch last week (below), and in the LA Times the week before. Note the dual agency horror story.
Agent Provocateur
You need to know who represents whom in realty deals
By Lew Sichelman
WASHINGTON (MarketWatch)
Bruce Hahn
President
American Homeowners Grassroots Alliance and
the American Homeowners Foundation
Serving the interests of [...]