Here's the third installment of our "7 Habits" series, following up 7 Habits of Highly Effective Home Buyers and 7 Habits of Highly Effective Home Sellers. What, you didn't know this was a series? Yeah, me either until about 10 minutes ago... Here we'll explore seven habits that highly effective real estate agents practice. In an act of shameless self-promotion, we'll throw in that if you are a Phoenix home buyer or seller, you need to only call Thompson's Realty to find an agent that … [Read more...]
7 Habits of Highly Effective Home Buyers
If you read the article published here last Thursday, 7 Habits of Highy Effective Home Sellers, then you probably saw this one coming... This time I'll try not to leave one of the seven habits out. Though by accidentally doing that with the seller's habits post, we got some outstanding contributions from readers. Be sure to read the comments in that post for more insight. Why seven habits of effective residential real estate buyers? Because over the years we've seen some traits (habits) the … [Read more...]
7 Habits of Highly Effective Home Sellers
Pretty original title eh? Apologies to Stephen Covey... It fits though, and there is something to be learned from how home sellers have approached the often arduous task of putting their home on the market, and more importantly, turning them into residential real estate sales. Effective Home Sellers Habit #1: Be Realistic What your neighbor sold their home for last year, or even last month, doesn't matter. What you “lost” because you didn't sell your home at the peak of the market doesn't … [Read more...]
The Immutable Laws of Buying and Selling Real Estate
You've got Newton's Laws of Motion (depicted mathematically at the right). You've got the Laws of Thermodynamics, the economic Law of Supply and Demand, heck you've even got Murphy's Law. Why aren't there any Laws of Real Estate? Well, there are now. First Law of Real Estate: It doesn't matter what your neighbors home sold for in the past. The corollary to the First Law of Real Estate is that it doesn't matter what your own home was worth in the past. Is it a big deal to sell and buy … [Read more...]
Real Estate 101: Representation
Jay's Note: “Real Estate 101” is a new series where we'll explore the basics of real estate buying, selling and investing. Definitions, explanations and of course opinions. If you've been here long, you already know many of my series fail miserably. This one should stick though as the material is endless. And it's not just for those who don't know a lot about the real estate process, there should be information aplenty for just about everyone. It would be silly to commit to a rigorous posting … [Read more...]
The Phoenix Real Estate Guy was started by Jay Thompson, and I have a little blogging problem... he liked to say...