I was talking to a friend earlier this week who isn’t in real estate (Yes, I have friends outside real estate!) and she brought up an interesting subject…Real estate speak. Yes, we real estate professionals tend to have a language all our own. It’s easy at times to forget that some of the terms we use sound like Greek to the majority of folks out there. Happens in any … [Read more...]
Real Estate Secret Decoder Ring
by on September 13, 2008
Reading a post by Amy Jones (yet another great Phoenix real estate blogger) last night got me to thinking about the language of real estate. Then Mark Eckenrode of HomeStomper and Guerilla Marketing expert, (also from Phoenix) in his maiden voyage at AgentGenius penned this little nugget: One thing experts tend to do is immerse themselves in the language of their expertise. Problem is, the … [Read more...]
Ask the Agents! Days on Market…
by on November 5, 2006
We received a couple of questions this week surrounding "Days on Market" and price changes in the MLS. (Multiple Listing Service) What is the AZ real estate law regarding resetting the number of days on market (what is required)? There is no state statute defining how "days on market" (DOM) is set, counted, or reset. These factors are based on the MLS rules and regulations, not state law. That … [Read more...]
Contract Question of the Week: Inspection Period Length
by on September 28, 2006
It doesn't seem to matter whether it's buyers or sellers, first-time homeowners or seasoned investors. When it comes to the Residential Resale Purchase Contract, we tend to get the same questions over and over. So I thought I'd share some of the more common questions here. My intent is to have a "Weekly Contract Question" but I have to be admit that it'll probably wind up just like my "Pic of … [Read more...]
I'm Jay Thompson, and I have a little blogging problem... Welcome to The Phoenix Real Estate Guy, or "TPREG" as I fondly refer to it.
