agency

‘The great realtor rip-off’ – Why The Economist is Wrong

The great realtor rip-off Why is it so expensive to buy or sell a house in America? the economist

Mathew Ferrara’s article, Why the Economists is Wrong About REALTORS inspired me to write my own post about The Economists’ story, The great Realtor rip off: Why is it so expensive to sell a a house in America? IN BRITAIN, if you want to sell your home, an estate agent will list the property, find a buyer, help [...]

Can I Cancel a Buyer Representation Agreement?

Yes. However, both parties involved must agree to cancel the contract. Some Agents my cancel the agreement without any questions while others may want to work things out. The Agent that cancels the agreement pretty easily would tell me they probably weren’t all that interested in working with the client for a number of reasons [...]

Why do buyers have issues with the Buyer’s Representation Agreement?

There are at least two issues Buyers have with the Buyer Representation Agreement. The first is the following line, Buyer shall pay Broker, as Broker’s compensation ____% of the selling price of the property or $____, whichever is greater, when Buyer closes the Purchase, if: A: Buyer Purchases or agrees to Purchase a property before the [...]

It’s Been a Busy Few Days with a New Brokerage Affiliation

the minnesota real estate team, remax, minnesota realtors

It’s been a busy few days now that I’ve switched Brokerages. I’m now a team member of The Minnesota Real Estate Team, the #1 Real Estate Team in Minnesota 2006 – 2011, associated with RE/MAX. This past Saturday was my first day getting acclimated to The Minnesota Real Estate Team’s setup and programs. Most of my [...]

Using the Listing Agent Will Get Me a Better Price

Instead of writing the same thing I’ve said before I thought I would provide a few links to previous blog posts I’ve written concerning the myth of contacting the Listing Agent to get a better deal on a home. …the Listing Agent represents the Seller and will try to get the seller the most money [...]

How to Negotiate Realtor Fees

how to negotiate realtor fees, are realtor commissions negotiable?

Before you begin to negotiate a Realtor’s commission I wanted to first point out a couple of things Some agents will hold firm at a commission to demonstrate how strong their negotiating power will be when they negotiate the price on your home. Some agents might lower their commission immediately. If they’re that quick to lower [...]

The Great “Home For Sale” Hoax: Why Internet Sites Are Showing Last Year’s Inventory

homes for sale in mn

Before I get started on this post I have to give Joe Manausa (Tallahassee Real Estate) credit for the title. Even though this title breaks my rule of no more than eight words in a title it made the most sense. I was originally trying to do a search to see if buyers were asking [...]

I want to use the listing agent because they’ll get me a better deal

Real Estate - Late Sale

Actually they won’t, because the Listing Agent represents the Seller and will try to get the seller the most money possible for their home. Which brings up the question, “why don’t you want to work with a Buyer’s Agent who will try to get you the home for the least amount of money possible?” This [...]

I was going to offer the Buyer’s Agent a Bonus to get my home sold

realtors, real estate agents, incentives

Sorry, but that’s not going to work. An Agent incentive does not increase the odds of getting your home sold for one very specific reason – the buyer. The Buyer decides which homes they want to look at  based primarily on their price and it’s probably pretty rare that an agent actually goes in to [...]

Do I have to use the Buyer’s Agent I signed a contract with?

Perplexed Man

I guess that depends on the type of person you are…

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed.

Copyright 2012 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

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This IDX solution is (c) Diverse Solutions 2012.

Eric Hempler is a Minnesota Realtor with the Agent Referral Network and works in conjunction with RE/MAX Advantage Plus on the Minnesota Real Estate Team.