As of August 17, 2024, Realtors are no longer allowed to share information about what commission is being offered to buyer’s agents through the Multiple Listing Service. A court order from a class action lawsuit in Missouri abolished the sharing of real estate agent fees through the Multiple Listing Service. This change was meant to
It used to be that bidding wars were clustered in the spring, but bidding war season seems to go all year round now. Until the local housing shortage ends, bidding wars will be with us. However, there is a silver lining to this situation: when a house does not sell quickly, the price becomes more
A while back, we had a front row seat to buyers who made a $100,000 mistake. They were not our buyers. They were buyers who came to a house being sold by one of our clients. Our clients hired a good listing agent, who was recommended by us. When the dust settled, we heard the
"If I don’t waive my mortgage contingency, I won’t get a house, right?" Wrong! Every 4 Buyers Real Estate client has either had a mortgage contingency, or they had funds to close without a mortgage. We believe the risk of losing 5 percent of a home purchase price is too high a risk. Our agents
When a stranger contacts our office looking for a buyer’s agent, we get only one chance to make a first impression. I get the feeling that the first impression that we make is different than other agents from other companies. One of our professional organizations, the Massachusetts Association of Buyer’s Agents, sent us a lead
A lot of what our clients expect from 4 Buyers Real Estate is good customer service. We expect it from other businesses, too, but sometimes we are surprised. Last week, I spent four nights in a resort hotel in Scottsdale, Arizona while attending a convention of the National Association of Exclusive Buyer’s Agents. I will
The trend has been for listing agents to encourage their clients to accept offers that have better financing. Because of this, commercial investors have a strong advantage because they frequently purchase for cash or with very high down payments. Whose interests are being served by rushing offers, then choosing buyers who are going to resell
My office keeps a list of lenders that are tried and true. We add lenders once we see that they have done a good job for one of our clients. When one of our clients comes in with their own lender — recommended by a friend, coworker or family member — we do not interfere
Did your buyer's agent tell you to waive home inspection in order to be more competitive? We don't recommend that, ever! We want to you know what to expect, in terms of care and maintenance on this high-priced investment you are making. With average sales well over $600,000 in most areas we work in, we
If I incorporate my art into my house, should I remove it before I sell? My clients, T. and E. are selling their house. They are leaving two stained glass pieces that T. made. They are also leaving a wallet holder that T.’s father made. He is attached to it, but it “belongs” in that