Monday, February 25, 2019 / by Lori Prizmich
I am someone that doesn't skimp when it comes to hiring a professional. My CPA, my veterinarian, my dentist, my doctor, my daughter's equestrian trainer - all top notch. I hire the best photographers, contractors, etc. You get the picture. I am not someone that looks for the cheapest help available. My time is too valuable to have to go back and fix something someone did wrong and my energy is too important to worry about something once i've turned it over to a professional.
So, when someone asks about discount brokers/agents...I have to ask, what services do they offer? What credentials do they have? What experience do they bring to the transaction? How are their relationships with other agents, vendors, professionals in the business? I am not inclined to "match" commissions with a discount brokerage. We are comparing apples to oranges. Anyone can take a listing and put a few pictures on MLS. Just like I ...
Wednesday, February 13, 2019 / by Lori Prizmich
Ahhh...double-ending. Double-ending is a term familiar to real estate agents but not to the general public. Double-ending is when an agent lists a home for sale (representing the seller) and a potential buyer asks that same agent to right an offer on their behalf. In other words, listing agent represents seller and buyer. What could possibly go wrong you ask?
Let me share a story. I had a challenging listing due to structural issues. We had been in contract a couple of times but the buyers had canceled due to inspection issues. The listing had been on the market a while when a buyer came along and asked to write an offer. I was open to representing him because of my knowledge of the property and the fact that there were no other offers. We wrote up the offer which the seller accepted. We weren't in contract but a few days when the buyer asked for a massive price reduction without any justifiable reason. He ...