Blog Archives

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What is a CFD?

A Community Financing District is a method of paying for an improvement (like sewer lines) which benefits a number of properties. The impact on an owner of a home within a district is a periodic payment paid through the property tax collection process. CFD payments can be expensive and last for years. To ascertain whether […]

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Phoenix Real Estate Rocks!

May 2019 was a record-setting month for home sales in the Phoenix metro area. New all-time records were established for both sales volume and total dollar volume , as well as for the number of homes sold and the most money spent. The monthly median sales price set a record high reaching $278,000. That means […]

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The Seasonal Market.

Peak times for home contracts to be signed are the spring in the Phoenix metro area. In some cities there is another up tick in the late fall, but any sales increase after the summer is minor here. Low points for closed sales typically are in January and February – a reflection of low contract […]

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What is an Incurable Defect?

An unfavorable property characteristic that can’t be fixed, such as a location on a busy street, is known as an incurable defect. This requires the value to be adjusted downward from that of a comparable home to reflect the “defect”. What does this mean to a buyer? Using a home on a busy street as […]

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Buy a Home Anywhere in Arizona.

Thanks to the Arizona Assoc. of Realtors, we now have access to homes listed for sale in Tucson, Prescott, Sedona, Lake Havasu, Yuma and most of the rest of Arizona. This means that SimplySOLD can now offer an expanded level of service to our local, Canadian and international clients. The change involves the decision by […]

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Get Home Buying Help, Part 3.

Get an Advocate. The most important advantage of real estate representation is having an advocate that puts your interests ahead of all others. A good agent can look at any given situation, give you advice and options, and then obtain the terms you need so you can move onto the next step. For example, requesting […]

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Get Home Buying Help, Part 2.

Get a Good Deal. When you don’t have an agent, finding the perfect home is a challenge. Agents see homes enter and leave the market every day – homes with diverse styles, prices, and neighborhoods. Agents are able to see when patterns emerge, and can tell you if a home is appropriately priced or over […]

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Get Home Buying Help.

Part 1 – Get What You Want. Shopping for a new home can be a daunting task. You may know exactly what you want or a good idea of what you’re looking for, but you still have to find it. That can mean countless hours of scouring listing after listing, poring over every minute detail […]

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Do You Know Who Dominates Our Trade?

Want to show your smarts? Try asking someone this question: who is the United States’ number one export partner? My guess is they will say China, Japan, Europe and depending on what part of the country you’re in, maybe Mexico. But the answer is in fact Canada. Although it may seem like trivia, the question […]

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Are Foreign Buyers Losing Interest in U.S. Real Estate?

Sales of homes to foreign buyers have been strong in the south and southwest for years. The National Association of Realtors®‘ 2012 Profile of International Home Buying Activity☼ showed that those sales equaled $82.4 billion for the past year ending March 2012, up from $66.4 billion in 2011. Due to low prices and the relative […]

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Dead Men don’t Tell Tales (Part II)

Around Halloween last year I wrote a blog about gruesome surprises found in homes for sale.  It seems that agents are continuing to find all kinds of disturbing things in homes and foreclosures. In Milwaukee an agent found a very dead occupant on the stairs. Apparently the previous owner had committed suicide at the top […]

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Is Your Agent Disloyal? (Part 5) – A Solution to Dual Agency. √

In my previous blogs, I have shown that dual agency is bad for you as a consumer of real estate services. Exclusive, single agency is in your best interest as a buyer or seller, as then your real estate agent is in fact “yours,” and his or her loyalty is not divided between you and […]

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Dual Agency – Bad for Agents Too? (Part 4)

By popular demand, my three-part article on dual agency entitled “Is Your Agent Disloyal,” has been expanded to deal with two remaining important subjects. This blog will discuss how dual agency is also bad for agents and their brokers, and the last article in the series will offer my solution to the problem. In the […]

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Is Your Agent Disloyal? (Part 3)

This is the third of a three-part article on dual agency, a form of representation by real estate agents. Dual agency involves “your” agent representing your adversary in a real estate transaction, as well as yourself. I have shown that it is good for the agent, as it results in him or her getting paid […]

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Is Your Agent Disloyal? (Part 2)

In part 1 of this series, I revealed that dual agency results in a real estate broker getting paid double for being disloyal. Dual agency occurs when “the agent acts for both of the principals at the same time in the same transaction.” In other words, it occurs when your real estate representative also represents […]

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