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Are Short Sales Becoming a Thing of the Past?

Blog Contributor Customer Service, Helpful Tools, Mark-to-Market, Sales & Marketing, Short Sales & Foreclosures 2 Comments

By Jennifer Klein and Derek Sandoval Is your market changing like ours? Increases in home prices and home values here in Sacramento, Calif., is good news for homeowners who once thought they’d have to do a short sale. In our latest video, we discuss what the latest market conditions mean for our business and our clients. Jennifer Klein is a …

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Cheese and Real Estate: A Lesson in Trends

Blog Contributor Business Challenges, Professional Development, Short Sales & Foreclosures 4 Comments

    By Dave Robison “Who Moved My Cheese?” by Spencer Johnson is an easy but great read. The narrative is a simple story that describes the trials and tribulations of two mice—Sniff and Scurry—who always rely on getting their cheese from the same source. When the cheese source is moved, they wonder why it disappeared and promptly go in …

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Fiduciary Duty

Blog Contributor Business Challenges, ethics, Helpful Tools, Professional Development 1 Comment

By Jennifer Klein The current real estate market is tricky to understand. In this video with Steve Ostrom, we discuss who is obligated to whom, both in a short sale and in the case of bank owned homes.  Understanding who our agreements are with as agents will help buyers better navigate the market. Jennifer Klein is a REALTOR® in Northern …

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Do Yourself (and Your Client) a Favor…Leave it to the Experts

Blog Contributor Classes & Education, Professional Development, Sales & Marketing, Working with Clients Leave a Comment

By Cory Brewer In the past year or so I have run across several examples of REALTORS® (myself included) being tempted to be a “jack of all trades” when it comes to serving their clients.  Let’s face it, we don’t want to give up control and we are also worried about potentially giving up a paycheck. However, is it really …

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Protect Yourself Down the Road with Disclosure

Blog Contributor Business Challenges, communication, ethics, Hazard & Disclosures, Professional Development, Sales & Marketing, Sellers 2 Comments

By Jennifer Klein When in doubt, it’s best to disclose. Protect your sellers’ best interest with this advice: Jennifer Klein is a REALTOR® in Northern California who is experienced in short sales, investments, and property management. Connect with Jen at RosevilleAndRocklin.com, JenKlein.com, and @JenKleinSac.

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Why I Love Being on the Buyer’s Side in a Short Sale

Blog Contributor Business Challenges, Buyers, Sales & Marketing, Short Sales & Foreclosures 8 Comments

By TG Gallaudet Wait…I’m totally lying. Is there anything more painful? 🙂 It’s no mystery that short sales can be really tough because of all the variables involved: * Unclear timelines from the bank. * Undisclosed liens. * Back HOA expenses the bank won’t pay. * Non-straightforward buyer. * Inexperienced listing agent. * Cash contributions (increasingly more and more). * …

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Don’t Be Afraid To Do Your Job

Blog Contributor Business Challenges, Professional Development, Short Sales & Foreclosures, Working with Clients 4 Comments

By Jennifer Klein Sometimes short sale clients need to be referred to a tax professional or real estate attorney. Overcome your fear of losing the listing and do your due-diligence as a real estate professional. Jennifer Klein is a REALTOR® in Northern California who is experienced in short sales, investments, and property management. Connect with Jen at RosevilleAndRocklin.com, JenKlein.com, and …

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My Deal Needs CPR… Again

Blog Contributor Business Challenges, Buyers, communication, Homeownership Education & Counseling, Short Sales & Foreclosures 1 Comment

By Kelly Reark I have been representing a buyer since June of this year when he made the decision to put in an offer on a short sale.  We aren’t closed yet, and it has been a bumpy road.  Our journey actually began in January of 2007, but who’s counting? There are many ways that this deal could die along …

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Saving My Business, My Community, and Our Industry

Blog Contributor Business Challenges, Sales & Marketing, Short Sales & Foreclosures 1 Comment

By Jonathan Osman If you ever want to start a heated discussion among agents in my area, ask them their opinion of short sales.  What will pour forth is the most draw-dropping tales of sheer lunacy; always ending with “I’ll never show or sell another short sale again.” This presents a problem for me on a number of levels.  First, …

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Tips to Cure Your Short Sale Headaches

Blog Contributor Business Challenges, Short Sales & Foreclosures 7 Comments

By Dave Robison Mo Money Mo Problems! Bank of America has got it all. If they can’t even order a payoff, how is the Home Affordable Foreclosure Alternatives Program (HAFA) going to help? Do a short sale with them in 30 days! And a cry for help! If the government gave you $45 billion dollars, what could you do with …