The National Association of Exclusive Buyer Agents recently conducted a survey of its membership to determine the top issues facing today’s home buyers. Exclusive buyer agents across the country were simply asked, “What is the number one issue facing home buyers in...
First-Time Home Buyers
Survey of Exclusive Buyer Agents Shows Lack of Inventory is the Top Issue Facing Today’s Home Buyers
The National Association of Exclusive Buyer Agents recently conducted a survey of its membership to determine the top issues facing today's home buyers. Exclusive buyer agents across the country were simply asked, “What is the number one issue facing home buyers in...
Survey of Buyer Agents Shows Consumers Should Be Prepared for Delayed Real Estate Closings
A recent survey conducted by the National Association of Exclusive Buyer Agents (NAEBA) shows that some real estate closings are already being affected by the new “Know Before You Owe/TRID” regulations that went into effect October 3. The survey went out to brokers...
Apparently REALTORS®Think Dual Agency Is OK – Why You Shouldn’t Believe Them
In a recent Realty Times article, Bob Hunt, Director of the California Association of REALTORS®, penned an article entitled, “Dual Agency Can Be a Good Thing.” In it, he argues that real estate transactions are different; that those negotiations are about getting the...
Apparently REALTORS®Think Dual Agency Is OK – Why You Shouldn’t Believe Them
In a recent Realty Times article, Bob Hunt, Director of the California Association of REALTORS®, penned an article entitled, “DUAL AGENCY CAN BE A GOOD THING.” In it, he argues that real estate transactions are different; that those negotiations are about getting the...
5 Things to Consider When Buying Your First Home
Buying your first home means making decisions – lots of them! In order to make the best possible decisions, you need good information and a sound home buying plan. Without such a framework, you could find yourself in a home you quickly outgrow…or in a home that may be...
First-Time Homebuyers Face Competition from Investors
7 Steps for Home Buying Success
Buying a home is a complex and expensive process, but having the right guidance makes all the difference! If you are thinking of becoming a homeowner this year, these 7 steps will help you! 1. Educate yourself with home buying information from the National Association...
Why “Pocket-Listings” are a Disadvantage to Home Buyers and Sellers
Insider trading is forbidden in the stock market, but the real estate industry has no such restriction. As listings become scarce, selling agents are taking advantage of conditions by promoting “pocket listings” to other agents, before the home is available to the...
Why “Pocket Listings” Aren’t Going Away Anytime Soon
In our prior blog post, we explained what pocket listings are, and how they are a disservice to both home buyers and sellers. As a quick refresher, a pocket listing is promoted to other agents before it’s marketed to the public. The objective of a pocket listing is a...
Why Home Buyers Should Request a C.L.U.E. Report
In our prior blog posts, we discussed contingencies and their place in the home buying process. There is one more buyer contingency worth mentioning that is little-known but very insightful – the C.L.U.E. report! C.L.U.E. stands for the Comprehensive Loss Underwriting...
What Home Buyers Should Know About Earnest Money
Home buyers might be confused about the role earnest money plays in their real estate transaction. There’s good reason for this, since earnest money isn’t technically required! Customs regarding the amount of earnest money that should be offered – and whether it’s...