From the monthly archives:

February 2007

Meet the Newest Member of the Team!

by Jay - The Phoenix Real Estate Guy on February 27, 2007

Dogs and real estate blogs seem to go together. We’ve got Toby & Sadie — not to be confused with Jonathan & Tobey. And of course there’s Greg & Odysseus. I’m sure there are other human/canine combinations out there as well.

Pictured to your left is the latest addition to the Thompson menagerie. He’s 100% purebred mutt. He’s a “rescue dog” — the politically correct term meaning he was on doggie death row. Appears to be about five months old and his former owners apparently abused him (may they rot in hell).

Looks like he may be a bit of Golden Retriever and who knows what else.

He joins Trudy, the German/Australian Shepard mix (and truly one of the smartest dogs on the planet), the cats Buzz and Fluffy (as named by then 7 and 9 year olds), two bearded dragon lizards (Spike and Louie) and a ball python named Osiris. (links are to who they were named after, not to pics of the beasts themselves. As for Spike and Fluffy — that’s self-explanatory.)

This is one cute dog. The problem is the pound people named him “Baby”. Now I’ll concede that our pets may not have the most creative names ever bestowed on an animal, but I’ll be dammed if I’m going to go around with a male dog named “Baby”.

The children, being the teenagers they are, already disagree on a name. They have agreed however, to open up the naming to the known blogiverse, or at least the minuscule fraction of it that reads this blog.

So how about it, oh avid readers. Name that dog!

.

UPDATE: We went with “Riley”. Thanks for all the great suggestions!!

Our new mutt was rescued by Valley Cats and Dogs — a wonderful organization. They need stuff, and not just money.

.

Technorati Tags: ,

If you're new here, you may want to subscribe to this blog via email or RSS feed. Thanks for visiting!

{ 16 comments }

Listing of the Week!

by Jay - The Phoenix Real Estate Guy on February 23, 2007

What an agent puts into the Multiple Listing Service is important. The MLS is how most Realtors initially find out about a property that is for sale. The information is fed to web sites like realtor.com, and through IDX feeds to thousands of real estate agents web sites — where Joe Buyer often locates a property before they even contact an agent to help with the purchase.

Given the importance of having good, informative, quality info in the MLS, you’d think every agent would take great care to input information into the MLS.

Uhm, not always…

Here’s a snippet of an actual MLS entry I found this morning. The listing agents name and number have been “censored” to protect their identity from the general public.

This beauty has just a couple of problems:

No pictures. Joe Buyer likes to see pictures. It takes roughly 45 seconds to upload photos into ARMLS.

No city. This is a land listing, and a lot of land is in pretty remote locations. But to list an address, with the city as “in Arizona” is not helpful to Joe Buyer. Most Joe’s want at least a rough idea of where in the entire State of Arizona the land lies. Maybe if we were in Rhode Island it wouldn’t matter, but Arizona is a pretty big chunk of land. You’d think the listing agent could have at least pinned down the location to within a few thousand square miles.

No directions. I guess this shouldn’t be a surprise. Since we don’t know what city it’s in/near, why would we even need directions to find the parcel?

No sign on property. Ditto.

No Realtor remarks. This is an area that doesn’t show up on sites where Joe Buyer sees listings. It’s intended to be used as a message area for other Realtors. Often it’s used to extend the description of the property that is part of what Joe Buyer can see, which brings us to the final flaw in this listing…

No Public Remarks. We’ve already established that Joe Buyer likes to see pictures. Joe also likes to know a little about a property that can’t be conveyed elsewhere in the listing. The verbiage that goes into a listing is a powerful sales tool. Good remarks can compliment photos and really make a listing stand out — compel people to want to see it. The more people that see a property, the better chance it has of selling. It ain’t rocket science folks.

Not much else we can say about this Listing of the Week. Sellers, ASK your agent to see your listing. Demand that the listing contain accurate, complete information.
.

Technorati Tags: ,

{ 9 comments }

My Realtor is Busy, Can you Show Me a Home?

by Jay - The Phoenix Real Estate Guy on February 22, 2007

We get calls like this all the time

“Hi! My Realtor is busy, can you show me a home?”

“So you are working with a Realtor?”

“Yeah, but they are too busy, and we really want to see this home. We just need you to show it to us.”

OK folks, here is the deal….

We CAN’T show you a home if you are working with another Realtor. “Why not?”, you may be asking yourself.

Well first, if I may be so blunt, why should we? You want us to get in the car, drive over to a home, open it up, show you around (and assume the legal liability surrounding this process), and answer your questions. Then, if you like the home, you plan to return to your too busy Realtor so they can write up the offer and proceed to collect their commission check.

Meanwhile, what do we gain from this endeavor?  We earn our living helping people through real estate transactions. We can’t earn a living driving other Realtor’s clients around acting as a showing service.

I will (and have) freely admit that one of the best things about being a Realtor is the “warm fuzzy” you get from helping people through an often daunting process so they can enjoy owning a new home. It’s a great feeling. I do however, have to feed my children and pay my own mortgage. I do this by helping MY CLIENTS through this process. I have plenty of clients. I love my clients. I do not have time to show someone else’s client a property just for the fun of helping a fellow human being. Doing so takes time away from my own clients, and from my own business needs and development (not to mention what little personal life I may have).

The other reason I can’t show a home for another Realtor revolves around our Code of Ethics, the sometimes confusing subject of procuring cause, and my own personal ethical standards. You see, I’m obligated to not “steal” a client from a fellow Realtor, no matter what their competence level might be. Now before another agent jumps in here correcting me, let me make this clear…

Technically, I can’t solicit a client who has signed an agreement to work with another Realtor. Technically, I COULD show a home to another agent’s “client” if they have no signed agreement, and I could make an excellent case that I was the “procuring cause” of the transaction and am therefore entitled to the commission on the sale.

I don’t work that way. If an agent is actively working with someone, in my mind that someone is their client, regardless of whether or not they’ve signed a binding agreement (commonly referred to as a Buyer Broker Agreement). Here’s one place (of several) where my own personal ethical standard is at a higher level than the National Association of Realtors (NAR) Code of Ethics.

Honestly, it makes me ill when I get calls from people who say their Realtor is too busy for them. Or if they say, “My Realtor will only show me five homes, and I have a couple more I really want to see”. (I’m not making this one up folks, I’ve heard it more than once.) Those people made an unfortunate choice in Realtors. But again, I’m ethically bound to not bash my fellow brethren, so I can’t tell the poor souls in this situation what they should do. (namely, RUN AWAY and find a good agent — and there are MANY of those).

I will gently explain the our situation to these folks, as well as discuss options that I’m permitted to discuss. A significant portion of calls like this come from people using friends and/or family members as their agent. Bad idea most of the time, but that’s a whole ‘nuther blog entry.

So to those out there who find themselves in a situation where they are working with a Realtor that’s too busy to help them, or are working with a Realtor who has the ludicrous practice of limiting the number of homes they’ll show, about all I can say is take a step back. Reevaluate your commitment to using this Realtor. You are working on what will most likely be the single largest financial transaction of your life. You need, and deserve, to work with the best. And there are many many great agents out there. Unfortunately, there are several bad apples as well. Be careful.

To the Realtors out there with clients that have to resort to calling another agent to get help, about all I can say is…. shame on you. Perhaps you should consider another profession.

.

Technorati Tags: , ,

{ 19 comments }

National Real Estate On-Line Convention & Exposition

by Jay - The Phoenix Real Estate Guy on February 17, 2007

February 18 - 24, 2007. Register for FREE.

No Air Fare! Network Worldwide!
No Hotel Bills! Save Time!
No Registration Costs! Have Fun!
No Days away from Home and the Office! Stay Competitive!
Leverage Your Effectiveness! Get Organized!
Learn From over 30 World Class Experts!

Speakers, exhibits, and more. Everything you’d expect in a convention except the alcohol and hangovers!

Looks like some great speakers are lined up, including a few that frequently stop by here! We’ll be “watching” you folks!

.

.

Hat tip to my cyberpal George Alexiou - San Diego Real Estate
.

Technorati Tags: ,

{ 2 comments }

For My Valentine

by Jay - The Phoenix Real Estate Guy on February 14, 2007

.

Happy 6,059th Valentine’s Day Francy!

.

.

Hat tip to Sellsius

{ 3 comments }

Clicky Web Analytics