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Archive for February, 2009

Do Real Estate Brokers “Fire” Clients?

Posted in Selling, Short sales, Tales from the Trenches, tagged , , on February 27, 2009 | Leave a Comment »

Yes, real estate brokers fire listings. It is a rare occurrence for me, but if a client is particularly uncooperative, self destructive, or a liability to the company’s well-being, the listing has to be cancelled and the client given the opportunity to seek their fortunes with another broker. Today, after months of acrimony and headaches, [...]

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Ossining Reservoir Park

Posted in Buying, Communities, Me Myself and I, The Market, tagged , , , , , , , on February 17, 2009 | 1 Comment »

Many who grew up in Ossining, NY like I did will remember an old, overgrown algae-covered man-made pond near the Chilmark Shopping Center known simply as The Reservoir. It was the Village’s water supply for much of the pre-World War II era, and then was replaced by water towers. When I was growing up in the [...]

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Inman News Debate on Agent Commissions

Posted in Uncategorized, tagged , , , , , , on February 16, 2009 | 1 Comment »

There continues to be a series of article at Inman News about the compensation of real estate agents. The latest article, entitled “6 Percent is Dead,” the owner of a web-based company chimes in with his view. A version of my response is below: I have not read every article in this series, but the [...]

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5 Things I Happily do for Past Clients

Posted in Uncategorized, tagged , , , , on February 13, 2009 | Leave a Comment »

I want repeat business from past clients and I also want their referrals. That won’t happen by accident, and I don’t see recipe cards as being useful. So I am available for other things they need after we close on the house. Here are just a few. Help them grieve their taxes. The taxes on homes [...]

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What You Should Know Before You Buy a Short Sale

Posted in Buying, Short sales, tagged , , on February 11, 2009 | Leave a Comment »

I sold my first short sale in the 90′s. I have over 10 in my pipeline. I am known in my marketplace for the specialty. Buyers are justifiably interested in the savings a short sale can offer. However, few buyers are prepared for the process, often because it is new terrain for their agent as [...]

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