REAL ESTATE & MORTGAGE NEWSLETTER

April 2006

 

What's Inside?

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Top Agents pg.2

Ask the Experts

Mortgage Rates

Home Sales Pace

Home Appreciation

Inventory Levels

April Movies

Questions to Ask

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Home Sales Pace

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Home Appreciation

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Interest Rate Outlook & History

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Aim For the Top Tier of Agents

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Twenty percent of real estate agents do 80% of the business.  They are the most professional, the most educated, the best trained, the ones who care most about their clients.  The ones you want to represent you.

So there you are sitting at home looking at property on the internet, perusing classified ads, glancing at the many real estate magazines and the ads inside.  All of that real estate marketing has one thing in common.

Contact information. 

A phone number, an email address, or just a button for you to click on.

Do you call?  Do you click?  Do you email?

Actually, most buyers do. Not right away, but eventually.

As a result, they have met a stranger who happens to be a real estate agent.  In today's technical world, that is the non-scientific way that many buyers acquire their agent.

No interview.  No reviewing of candidates.  No checking out references, qualifications, ability, education, or experience. 

Just the luck of the draw.

You've heard horror stories about real estate?  Of course you have. Everyone has.  Most deals go down smoothly, but a few do not - and those few bad deals are where the horror stories come from.  Do you think it most likely that those stories come from buyers dealing with the top tier of agents?

...or the rest?

After paying for expenses like cars, phones, ads, and so on, the average agent does not earn enough from real estate to place themselves above the poverty line.  By calling on an ad, you only have only a one in five chance of connecting with one of the top tier of real estate agents.

Besides, whether they appear in newspapers or online, listings and ads are basically just...

...ads.

What do all ads have in common?  They are created to generate a response.  Ads include the best about the property.  The

(continued Call - pg 4)

 

 

   

Ask the Experts

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Question:

If sellers don't have to repair everything found in an inspection, what good are inspections?

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Answer:

Even the most experienced real estate agent is going to miss things when they look through a property -- and they look at property all the time.

Unless you are an investor that buys real estate regularly, you probably are less experienced than the agent at finding things wrong.

Even owners don't know everything wrong with their own home.

Inspectors are not perfect, either, but they will find things you may have missed on your tour of the property. 

Some of those items you might miss could be important enough to change your mind about the purchase.  You should have the best opportunity to find out about that before you close the deal and it is "too late."

That is what inspectors are for. 

Often, the seller will make repairs rather than lose the deal with you.  So you negotiate.


Thomas Delmore
Delmore Realty
1877 Wili Pa Loop Suite 2
Wailuku Hawaii 96793

Equal Housing Opportunity

Phone: 888-335-6673

Mobile: 808-283-2438
E-Mail: tom@delmore,net

Home Page:  http://www.delmore.net/



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