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urbanrealtor
Participant[quote=SD Broker]I am not sure I get the joke. Is it that the December taxes are not paid? I guess that’s possible. George is a great, amazing guy who may own a rental that doesn’t have postive cash flow and maybe for him it’s cheaper to roll with the minimal late fee and wait for 1) a new tenant in January or 2) putting it into escrow or a million reasons. I am not sure why this was posted. Seems like a monumental waste of time posted by someone who is not in the real estate business?[/quote]
Dude, how many posts have you put up in the hour you have had a user name?No real complaints with them (especially the Battiata one) but damn.
ParticipantI think that it should be normal practice for an agent to inform a buyer of any factors that could better advise them with respect to value and strategy.
Sometimes those factors include past listings.
Ergo, I think it important to mention past listings to a client.
Caveat: For many intelligent home buyers, adding information can confuse or muddy reasoning. Its not that the buyers are ill-informed or lack reasoning skills. It is the fact that a comparative lack of experience in this area may cause one to place disproportionately great amount of emphasis on less relevant criteria. It is for this reason, that adding potentially irrelevant data can be a disservice.
Here is an example: I recently had a client who is exceptionally skilled at his one-man retail business. He is very smart and very savvy. However, as a first time buyer, he kept wanting to focus on what the seller was “really after”. This is something that might be suited to his area of expertise but is not helpful when dealing with REO agents handling dozens of files who represent asset managers handling hundreds of files who contract with bank managers handling thousands of files. They want money and good terms. Mostly money. Also, he wanted to negotiate on small terms. It took me a while to realize that it was best to just not mention that the bank requires a specific title company or uses a specific form to disclose lead hazards. It just does not make sense to lose a house at 10% under market because the seller insists on First American instead of Chicago Title.
Similarly, sometimes a buyer can miss the forest (the bargain) for the trees (the previous months of listings). Sometimes agents owe it to their clients to take that into consideration. Agents really need to provide guidance and consultation along with the facts.
I apologize if that is not as black and white as what you might look for. However, I think it relevant to point out that looking out for your clients requires using your brain as well as just telling facts.
ParticipantI think that it should be normal practice for an agent to inform a buyer of any factors that could better advise them with respect to value and strategy.
Sometimes those factors include past listings.
Ergo, I think it important to mention past listings to a client.
Caveat: For many intelligent home buyers, adding information can confuse or muddy reasoning. Its not that the buyers are ill-informed or lack reasoning skills. It is the fact that a comparative lack of experience in this area may cause one to place disproportionately great amount of emphasis on less relevant criteria. It is for this reason, that adding potentially irrelevant data can be a disservice.
Here is an example: I recently had a client who is exceptionally skilled at his one-man retail business. He is very smart and very savvy. However, as a first time buyer, he kept wanting to focus on what the seller was “really after”. This is something that might be suited to his area of expertise but is not helpful when dealing with REO agents handling dozens of files who represent asset managers handling hundreds of files who contract with bank managers handling thousands of files. They want money and good terms. Mostly money. Also, he wanted to negotiate on small terms. It took me a while to realize that it was best to just not mention that the bank requires a specific title company or uses a specific form to disclose lead hazards. It just does not make sense to lose a house at 10% under market because the seller insists on First American instead of Chicago Title.
Similarly, sometimes a buyer can miss the forest (the bargain) for the trees (the previous months of listings). Sometimes agents owe it to their clients to take that into consideration. Agents really need to provide guidance and consultation along with the facts.
I apologize if that is not as black and white as what you might look for. However, I think it relevant to point out that looking out for your clients requires using your brain as well as just telling facts.
ParticipantI think that it should be normal practice for an agent to inform a buyer of any factors that could better advise them with respect to value and strategy.
Sometimes those factors include past listings.
Ergo, I think it important to mention past listings to a client.
Caveat: For many intelligent home buyers, adding information can confuse or muddy reasoning. Its not that the buyers are ill-informed or lack reasoning skills. It is the fact that a comparative lack of experience in this area may cause one to place disproportionately great amount of emphasis on less relevant criteria. It is for this reason, that adding potentially irrelevant data can be a disservice.
Here is an example: I recently had a client who is exceptionally skilled at his one-man retail business. He is very smart and very savvy. However, as a first time buyer, he kept wanting to focus on what the seller was “really after”. This is something that might be suited to his area of expertise but is not helpful when dealing with REO agents handling dozens of files who represent asset managers handling hundreds of files who contract with bank managers handling thousands of files. They want money and good terms. Mostly money. Also, he wanted to negotiate on small terms. It took me a while to realize that it was best to just not mention that the bank requires a specific title company or uses a specific form to disclose lead hazards. It just does not make sense to lose a house at 10% under market because the seller insists on First American instead of Chicago Title.
Similarly, sometimes a buyer can miss the forest (the bargain) for the trees (the previous months of listings). Sometimes agents owe it to their clients to take that into consideration. Agents really need to provide guidance and consultation along with the facts.
I apologize if that is not as black and white as what you might look for. However, I think it relevant to point out that looking out for your clients requires using your brain as well as just telling facts.
ParticipantI think that it should be normal practice for an agent to inform a buyer of any factors that could better advise them with respect to value and strategy.
Sometimes those factors include past listings.
Ergo, I think it important to mention past listings to a client.
Caveat: For many intelligent home buyers, adding information can confuse or muddy reasoning. Its not that the buyers are ill-informed or lack reasoning skills. It is the fact that a comparative lack of experience in this area may cause one to place disproportionately great amount of emphasis on less relevant criteria. It is for this reason, that adding potentially irrelevant data can be a disservice.
Here is an example: I recently had a client who is exceptionally skilled at his one-man retail business. He is very smart and very savvy. However, as a first time buyer, he kept wanting to focus on what the seller was “really after”. This is something that might be suited to his area of expertise but is not helpful when dealing with REO agents handling dozens of files who represent asset managers handling hundreds of files who contract with bank managers handling thousands of files. They want money and good terms. Mostly money. Also, he wanted to negotiate on small terms. It took me a while to realize that it was best to just not mention that the bank requires a specific title company or uses a specific form to disclose lead hazards. It just does not make sense to lose a house at 10% under market because the seller insists on First American instead of Chicago Title.
Similarly, sometimes a buyer can miss the forest (the bargain) for the trees (the previous months of listings). Sometimes agents owe it to their clients to take that into consideration. Agents really need to provide guidance and consultation along with the facts.
I apologize if that is not as black and white as what you might look for. However, I think it relevant to point out that looking out for your clients requires using your brain as well as just telling facts.
ParticipantI think that it should be normal practice for an agent to inform a buyer of any factors that could better advise them with respect to value and strategy.
Sometimes those factors include past listings.
Ergo, I think it important to mention past listings to a client.
Caveat: For many intelligent home buyers, adding information can confuse or muddy reasoning. Its not that the buyers are ill-informed or lack reasoning skills. It is the fact that a comparative lack of experience in this area may cause one to place disproportionately great amount of emphasis on less relevant criteria. It is for this reason, that adding potentially irrelevant data can be a disservice.
Here is an example: I recently had a client who is exceptionally skilled at his one-man retail business. He is very smart and very savvy. However, as a first time buyer, he kept wanting to focus on what the seller was “really after”. This is something that might be suited to his area of expertise but is not helpful when dealing with REO agents handling dozens of files who represent asset managers handling hundreds of files who contract with bank managers handling thousands of files. They want money and good terms. Mostly money. Also, he wanted to negotiate on small terms. It took me a while to realize that it was best to just not mention that the bank requires a specific title company or uses a specific form to disclose lead hazards. It just does not make sense to lose a house at 10% under market because the seller insists on First American instead of Chicago Title.
Similarly, sometimes a buyer can miss the forest (the bargain) for the trees (the previous months of listings). Sometimes agents owe it to their clients to take that into consideration. Agents really need to provide guidance and consultation along with the facts.
I apologize if that is not as black and white as what you might look for. However, I think it relevant to point out that looking out for your clients requires using your brain as well as just telling facts.
ParticipantI think its a bit early to cast opinions quite that strongly.
ParticipantI think its a bit early to cast opinions quite that strongly.
ParticipantI think its a bit early to cast opinions quite that strongly.
ParticipantI think its a bit early to cast opinions quite that strongly.
ParticipantI think its a bit early to cast opinions quite that strongly.
ParticipantWine bar and wine retailer.
A few months after they opened they realized the next logical step was to put in gnosh food.You can get a gourmet cheese plate (faux highbrow) or a pepperoni pizza (more my style).
Also, weird wines if you ask.
Recently I had a sparkling red shiraz.
I also had that South African Rhone blend called “Goats do roam” which was the subject of a lawsuit.
They are on university ave in Hillcrest.
Haven’t been there since the baby was born but its family friendly.
ParticipantWine bar and wine retailer.
A few months after they opened they realized the next logical step was to put in gnosh food.You can get a gourmet cheese plate (faux highbrow) or a pepperoni pizza (more my style).
Also, weird wines if you ask.
Recently I had a sparkling red shiraz.
I also had that South African Rhone blend called “Goats do roam” which was the subject of a lawsuit.
They are on university ave in Hillcrest.
Haven’t been there since the baby was born but its family friendly.
ParticipantWine bar and wine retailer.
A few months after they opened they realized the next logical step was to put in gnosh food.You can get a gourmet cheese plate (faux highbrow) or a pepperoni pizza (more my style).
Also, weird wines if you ask.
Recently I had a sparkling red shiraz.
I also had that South African Rhone blend called “Goats do roam” which was the subject of a lawsuit.
They are on university ave in Hillcrest.
Haven’t been there since the baby was born but its family friendly.
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