Tips & Tools for Agents

Is Your Real Estate Career Like an Etch A Sketch?

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If you’ve been following the news lately, you’ve probably heard lots of talk about Skittles, hoodies, and the Etch A Sketch. It was Mitt Romney’s campaign aide, Eric Fehrnstrom, who told CNN, “You hit a reset button for the fall campaign. Everything changes. It’s almost like an Etch A Sketch. You can kind of shake [...]

April 4, 2012 0 comments CONTINUE READING THIS POST →

Short Sale Buyers and FHA Loans

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It’s tough to get short sales closed these days. Not only is it difficult to obtain short sale approval, but it is also challenging to close a deal where the buyer is obtaining a loan. One of the biggest challenges comes in the form of the FHA loan. We caught up with Brad Yzermans, the [...]

March 12, 2012 3 comments CONTINUE READING THIS POST →

Will 2012 Be the Year of the Short Sale?

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We are just a few days into 2012, and I’m thinkin’ that it is gonna be the best year ever. I know that it is definitely going to be an awesome year for short sale listing agents (just as long as they get to work fast). Here’s why: As it stands right now, the Mortgage [...]

January 2, 2012 3 comments CONTINUE READING THIS POST →

“I’m too Busy” and Other Lousy Excuses

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As Broker-in-Chief (not to be confused with Commander-in-Chief) of a real estate brokerage and also as head honcho our short sale operation, I spend much of my day chatting with agents. When agents ask me to hold them accountable for their productivity in weekly meetings, I often hear them tell me things like “But, I [...]

December 26, 2011 1 comment CONTINUE READING THIS POST →

Who Pays the Property Taxes in a Short Sale?

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Agents often ask me about the property taxes associated with a short sale. Should the seller pay the property taxes? What happens when the lender escrows property taxes? What happens if property taxes are overdue? Thankfully, these are easy questions to answer. When a short sale package is submitted to the bank, the short sale [...]

September 8, 2011 0 comments CONTINUE READING THIS POST →

How Badly Will a Short Sale Impact Credit?

Do you remember this old Tootsie Roll commercial? The boy in the commercial wants to know how many licks it takes to get to the center of a Tootsie Roll lollipop? Check it out: This commercial from the days of yore reminds me quite a bit of a question that I get often about how [...]

June 27, 2011 0 comments CONTINUE READING THIS POST →

Two Amazing Realtor Productivity Tools

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“Raindrops on roses, and whiskers on kittens” may have been the favorite things of Maria in The Sound of Music, but in the 21st Century things are different. The 21st Century agent needs to be all about productivity. We need to be in several places at once, doing sixty-seven things at one—tweeting, returning phone calls, [...]

June 20, 2011 2 comments CONTINUE READING THIS POST →

How Long Until a Short Sale Seller Can Buy Again?

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I’ve got yet another chart to share with you that addresses one of the most common questions asked by short sale sellers, participants in bankruptcy proceedings, and those who have been touched by foreclosure. You may remember the last waiting period chart that I shared that reviewed in great detail all of the loan programs [...]

June 13, 2011 2 comments CONTINUE READING THIS POST →