Is Your Real Estate Agent Mediocre?

Generally a real estate agent can rank pretty low in public opinion. Too often, they are seen as overpaid, unproductive, ineffective and so on. But that’s not the whole story. The good ones are really good. They are worth their weight in real estate paperwork. In fact, good real estate agents are heroes. Trouble...

Due Diligence – Part Two

Due Diligence is not designed to be an absolute fail-safe for a buyer, nor a money maker for a seller. The concept is one of shared risk and defined reward. The buyer is risking money and time for the ultimate right to control a property. The seller is risking the opportunity cost of limited...

Steve Jobs, Charles Schwab And . . . GreatNest

We often look at the history of the securities business in the last 15 years and draw parallels to real estate. Remember? We used to have to contact a broker to trade a stock and we paid a percentage based commission for the privilege. Stock trading was mysterious, complicated, beyond the grasp of most...

Due Diligence – Part One

There’s been so much hand-wringing over our 2011 change to a Due Diligence period from the old multiple contingency contract. In my opinion, most of it is purely old fashioned resistance to change. Due Diligence provides a much cleaner and transparent environment in which to close a real estate sale when understood and negotiated...