Can you guarantee that my earnest money will be returned?

by on May 6, 2011 14 Comments
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Recently a client of one of our agents wanted me, as our agency’s Designated Broker, to compose a “Letter of Assurance” guaranteeing their earnest money would be returned to them if they employed a certain tactic. (See Earnest Money – What, why, how much? for an explanation of what earnest money is.) The short answer is no, I can not make any assurances of what may happen to your earnest … [Read more...]

Real Estate 101: Do I Have to Use the Listing Agent?

by on May 21, 2010
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Here’s a question that I see consistently popping up on real estate forums, my email inbox and in conversations on the telephone: I really like this house, do I have to use the agent that listed it to… [insert one or more of these here: show me the home, represent me as my agent, write the offer]. The short answer is no, you do not have to use the listing agent for anything. The long … [Read more...]

Phoenix home buyers, are you being realistic?

by on March 15, 2010

Much has been written across real estate blogs and mainstream media outlets about unrealistic home sellers. It seems much less common though to talk about unrealistic home buyers. Naturally everyone wants to get the most home they can for the least amount of money. Which is, of course, in opposition to the home seller, who wants the most money for their home. This inherent conflict is one of the … [Read more...]

Real Estate 101: Representation

by on February 3, 2010

Jay’s Note: “Real Estate 101” is a new series where we’ll explore the basics of real estate buying, selling and investing. Definitions, explanations and of course opinions. If you’ve been here long, you already know many of my series fail miserably. This one should stick though as the material is endless. And it’s not just for those who don’t know a lot about the real estate process, … [Read more...]

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