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January 29th, 2012
I bet you are thinking to yourself, "What does Kindergarten have to do with real estate?" Believe it or not a lesson I learned in Kindergarten was put to use in my real estate business.
When we launched Lime Green Realty in May 2009, we became controversial because of our new commission models. Our models are designed to reduce the cost of the listing commission from typical rates while stil ...
Posted in General
January 22nd, 2012
I was having a conversation with a colleague of mine just a few days ago regarding final signing of a contract and I was surprised in what she said to me. She implied that in her experience, 90% of agents representing sellers did not follow their legally binding fiduciary responsibilities when it came to final signing of a contract and the potential for multiple offers. Of course, the 90% is ...
Posted in General
January 11th, 2012
Did you know in the MLS Rules & Regulations of the Central Alberta Real Estate Association, there is a rule that allows the buyer's agent to contact the seller directly if the seller's agent does not respond within a reasonable amount of time? The rule states:
The Member must make appointments for other Members without delay, (subject to Sub-Section 12.1); (24 hours shall constitute a reason ...
Posted in General
December 16th, 2011
I read an article today titled "Is it Time to Pop the Hood on Real Estate" posted on www.propertywire.ca. It discussed the controversy over commission amounts and the public's perception with regards to those commissions. It asked the question of whether or not consumers would understand the business if they could have a look from the inside out.
I have so many thoughts on this topic, I hard ...
Posted in General
November 10th, 2011
With the change in today's economy and the "recession" that we may or may not have had or may or may not be in, housing can take the hardest hit. So whether you are purchasing a home in a sellers market or a buyers market, is there such a thing as purchasing a house that will take less of a hit in a recession? I believe the answer to this question is YES!
I was doing my daily review of Red D ...
February 21st, 2011
I recently saw a tweet from a For Sale By Owner company that is claiming that they have saved their clients over $400,000 worth of commissions. Although this might sound impressive, I started analyzing the statement and came up with a few questions. Is comparing a house that is sold via For Sale By Owner and one that is sold by a real estate agent on the MLS® System really comparing apples to ...
January 26th, 2011
I read articles on the Internet all the time that suggests to prospective sellers that one of the questions they should ask when looking to hire an agent is "what are your average days on market." In my opinion, this question assumes that I, the agent, actually control how quickly or how slowly a property will sell. And from my experience, I would say this assumption is incorrect. According t ...