Archive for the ‘Uncategorized’ Category
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The Retail Cannibals
In many high population communities there are retail shopping centers on virtually every corner. Such is the case in the greater Phoenix area, for example, where the major roads are laid out in a 1 square mile perimeter grid pattern, there is typically at least 1 (but, more commonly 2) retail community strip center on [...]
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Residential Sales Market Like An Old Joke (But, not funny)
Back in the late 1970’s during the (disastrous) Carter administration, the residential real estate brokerage business was like a bad roller coaster ride, only with very few small ups and many serious declines.
Anyway, during the depths of that (not so) “great” recession, interest rates were in the 16-18% range, and sales were very few and [...] -
FHA Should Rescind the 90-Day Seasoning Rule
To bring everyone up to speed, the Federal Housing Administration (FHA) was created as an independent federal agency in 1934 to promote mortgage lending by providing insurance to banks for a portion of the loan. FHA was created to reduce the risk of loss by banks during the Great Depression.
You should understand, that the FHA [...] -
Why Agents Should NEVER Make Referrals
Everyone’s got a story about a real estate agent who referred their buyer or seller to either a mortgage rep, a lawyer, a title company, a home inspector, and so on and so on. But, what most agents don’t understand, is that when they make a referral, they place themselves at additional risk of legal [...]
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Do You Really Want to do Business with a Social Network “Friend”?
Social networking is all the rage these days. Everybody’s got their mug and bio on multiple social websites, from LinkedIn, to Twitter, to Facebook, to YouTube, and almost countless others.
One of the larger selling points of becoming part of one or more of these social networks is to foster new bonds with potential clients and [...]
