Recent Posts: The Attorney-Broker Advantage

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Get the Attorney-Broker Advantage!

The purchase of a home is complicated and involves a number of documents that have legal implications. Agents may have the right to prepare real estate documents, but they can’t supply legal expertise because they don’t have that training. Bruce Gardner, a real estate licensee and attorney like me, points out that agents “do not […]

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Get Less with Dual Agency.

May a dual agent point out to the buyer he or she represents a negative characteristic of the listed property? For example, that the seller told the agent the AC is old and inefficient which results in high utility bills? In a single agent, dual-agency situation, the agent attempts to serve buyer and seller, both […]

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Do you Have a HOA Dispute?

Arizona law provides homeowners and homeowners associations a method for resolving disputes between them. This is an alternative to the civil court system, and does not limit the legal rights of the parties to litigate or arbitrate if need be. Strangely those administrative procedures were set up to be heard through the Department of Fire, […]

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Agents are Not Trusted, Part 2.

The D.A.N.G.E.R. report, commissioned by the National Association of Realtors, states that a problem with agents is “[t]he knowledge and competency gap from the most to the least is very large, due to the low barriers to entry, low continuing education requirements, and the lure of quickly making big dollars. For decades the industry has […]

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Agents are Not Trusted, Part 1.

Last year Consumer Reports magazine said “[t]he real-estate-agent business is saddled with a poor reputation” and “[a]ccording to the real estate agents we surveyed, that reputation is sometimes earned.” This is also reflected in an earlier study of the most trusted professions. In the study real estate agents were rated behind Sex Workers, Soccer players […]

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Coyotes Player Loses $$$.

Unlike me, agents have no legal training. Yet they are allowed to prepare contracts. An example of what can go wrong when an agent plays attorney occurred to Coyotes defenseman Zbynek Michalek, who lost a $100,000 cash earnest money deposit when he tried to buy a home. He sued to get it back, and probably […]

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Love Animals? Support the Humane Society Through SimplySOLD™

SimplySOLD™ donates to the Arizona Humane Society each time a qualifying transaction closes. In the last 8 months, I have sent checks to AHS in an amount over $1,000. If you love animals, buying or selling a home through SimplySOLD™ will contribute to the welfare of animals in the care of AHS.

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What is Required to Get an Agent License?

Buying or selling a home is highest dollar transaction most people engage in.  To protect the public, what does the state of Arizona require of real estate agents? 1. A four year University degree (Bachelor of Science or Arts), three years post-graduate and a Master’s Degree or a Phd/Doctorate (or their equivalent), and 90 hours […]

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Have You Heard?

Mark loves to speak to groups and share his knowledge and expertise for no charge. He is available to address your company, club, or organization on the Arizona real estate market. Get educated and learn how to save money and protect yourself when you buy or sell a home. If your group needs a speaker, […]

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What’s in a Preliminary Title Report?

Do you know what to look for in the preliminary title report/commitment? Your agent should, because the report can reveal negative matters that can hurt you. The report shows what matters are on the title of the home, what are excluded from coverage, and what the seller needs to do to remove those matters that […]

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The Five Things Agents Won’t Tell You.

Are there things agents will never tell you?  Do agents avoid matters you need to know about, and replace them with topics that are designed to get you to hire them?  Absolutely! The problem is that agents are taught that their primary job is to get the listing.  So some will tell whatever half-truths and […]

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Watch out for Agent Half-Truths

Half-truths are statements designed to get you to believe something that isn’t true. They are made by some agents to get you to make a decision that they want or one that favors them. It works by giving you half of the story, leaving out inconvenient facts that would lead you to believe other than […]

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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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