More in other real estate markets than in this market, we hear the term absorption rate used as an indicator of market strength. The absorption rate is simply the number of units sold in a given period in a given area, ie: in the last year, x units were sold in zip 38104. To look […]
The Commission Controversy
I am continually amazed at the widespread criticism of real estate commissions. I would like for the critics to remember that a lawyer who wins a civil case for his client usually gets 33% of the judgment. Managers of musicians get 15-25%. In the world of fine arts the galleries/management take 30-50%. Mssrs. Levitt and […]
Home Loans online
I shop online extensively. There are many online opportunities for shopping for real estate. Over 90% of my homebuying clients shop for homes online on my site, one of the national real estate sites, or a company real estate site like Crye-Leike’s. My listing clients expect to have their listings prominently posted on the web. […]