Archive for April, 2008
‘Children’s Services’ Came Here (A Disturbing Tenant Story)
I client purchased a 2-family house in an industrial area to knock it down and build a warehouse in its place. He asked me to take a look inside to see how the previous people were living. What I saw can not be shown. I would have had pics for you to see but the [...]
14Apr2008 | | 0 comments | Continued
Brokering Business is 24-Seven
(post by BT) In this business there is no real schedule. When you get a call, you jump up and chase the business. I have been working on setting up an appointment with someone to get a listing. I was out showing some other properties, and the buyers where running late. So [...]
13Apr2008 | | 0 comments | ContinuedMove Over Fiduciary Duty, Hello Greed
(post by BT) I have a client who purchased a property to rehab and sell. Some agents are in this business for so long, that they not only don’t remember the proper rules of engagement, but they even create their own rules. I had an agent give an offer on one of my clients’ properties.
[Now, [...]
Real Estate Segragation. What America Do You Live In?
(post by BT) Today my office received a call regarding an apartment for rent that one of my agents has. The apartment happens to be in a neighborhood heavily populated by Asian community. The listing agent, who is Eastern European, got the listing via a referral from an Asian-American client whom he serviced [...]
7Apr2008 | | 0 comments | ContinuedNo Co-broking for This Broker
(post by BT) A local agent called me about her “open house”. I pull up the local MLS to check it out and don’t find it there. She didn’t even post the listing. Then I noticed realized a pattern. She had had two listings near my office over the last year and [...]
3Apr2008 | | 0 comments | ContinuedHomeowners/Sellers In Denial
(post by BT) Today I met with a lady whose home is going into foreclosure. She has a 2-family house and both tenants haven’t been paying rent. Bought in 2005, at the peak of the pricing bubble with a 9% mortgage interest rate! She makes only $2,000 per month and put only [...]
1Apr2008 | | 0 comments | Continued
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