Posts Tagged ‘National Association of Realtors’

California Buyers Tax Credit – Good or Bad?

 | Comments Off on California Buyers Tax Credit – Good or Bad?

Speaking as a Realtor I should welcome the new California tax credit for certain homebuyers. Instead I condemn it as nothing more than a subsidy for lenders, the building industry and the brokers/agents (including me) handling their transactions.

California is a virtually bankrupt State with the 3rd worst educational system in the Country.

To be allocating $200 million to such a program, while simultaneously imposing huge cuts on education, seems to me the height of irresponsibility.

In practice this program will chiefly benefit people who would be buying anyway, and steer them toward new construction. I don’t see this as anything Realtors should be cheering about.

Banks and Builders however are welcoming it with huge sighs of relief.

Just my opinion.

Reblog this post [with Zemanta]

CHOOSING AN AGENT

 | Comments Off on CHOOSING AN AGENT

 

There are many different Business Models in the Real Estate Industry. Here’s just a few examples:
 
1. Buyer Only Brokers.
 
2. Buyer Rebate (“Kick Back”) Brokers.
 
3. Virtual Office Brokers. No physical location.
 
4. Reduced Commision Brokers.
 
5. Fixed Price Brokers.
 
6. Transaction Facilitation Brokers.
 
Etc, etc.etc ad infinitum.
 
All of these and many more are proof that we have a lot of competition in our business, and that the Consumer (Buyer or Seller) has lots of choices.
 
I won’t try to explain the pro’s and con’s of any of these options, but will strongly suggest that whichever of them you choose, you consider working with a REALTOR. My reason for this specific advice is as follows:

Reblog this post [with Zemanta] 

1. There are more than Half a Million Licensed Real Estate Agents in California. This is the minimum required qualification for the job.

2. Only 165,000 of them are REALTORS who have voluntarily agreed to subscribe to a strict Code of Ethics, and are paying members of their Local, State, and National Associations of Realtors.

Amongst many other services Realtors provide to the public is the web site Realtor.com. the most popular of all on-line Real Estate sites. Check out http://www.realtor.com/.