Real estate agents - Articles

When to 'Break Up' With a Real Estate Agent

Shutterstock By Brendon DeSimone The relationship with your real estate agent -- whether buying or selling a home -- is more complicated than most business relationships. For starters, it's rare that one of your employees, your boss or a business associate would come into your kitchen to talk shop. Also, a real estate... Continue Reading »

Survey: Fewer Real Estate Agents See It as Good Time to Sell

Shutterstock By Christine DiGangi Fewer real estate agents think now is a good time to sell a home in their markets, according to a survey of 468 Redfin real estate agents from 22 U.S. metropolitan areas. The survey, conducted Dec. 12 through Dec. 14, showed 65 percent of agents saying it was a good time to sell. That's... Continue Reading »

Lawsuit Alleges Real Estate Agent Used Clients' Home for Sexual Affair

Facebook WAYNE, N.J. -- A northern New Jersey couple claim their real estate agent kept potential buyers away from their vacant home so he could use it for "sexual escapades" with a female colleague. The Record reports that the couple sued the real estate agents and their firm alleging breach of trust and fiduciary duties... Continue Reading »

How a Real Estate Agent Who Knows VA Loans Can Save Vet Thousands

Shutterstock By Samantha Reeves Selecting a real estate agent is one of the most important choices you'll make when buying or selling a home. The decision becomes even more important when you're a veteran or active duty service member looking to use the VA mortgage guaranty. This nearly 70-year-old loan program backed a... Continue Reading »

Real Estate Agents' Website Could Give Homebuyers a Jump on Listings

A relatively new database for Twin Cities real estate agents that plans to go national might help agents close deals that much sooner -- simply by giving them an online method to share information across different brokerages before a home is officially listed on the market. Bill Pauling, an Edina Realty agent in the... Continue Reading »

Jason's House, Trulia Set to Redefine Search for Real Estate Agent

One Texas company wants to revolutionize how homebuyers negotiate with their agents, particularly on one thing many buyers and sellers balk at: the amount of commission real estate agents make on a sale. Typically about 3 percent goes to the buyer's agent and another 3 percent to the seller's agent. On a $200,000 sale,... Continue Reading »

Realty Agent Fired After Allegedly Vandalizing Neighbor's Property

A Philadelphia-area real estate agent has lost her job after being cited by police for purportedly vandalizing a neighbor's for-sale property by knocking down lawn signs at the home and littering it with dead vermin. Andrea Straub was fired from her job at Prudential Fox & Roach after a neighbor alleged that she caught... Continue Reading »

Real Estate Agent Listed Among Most Overrated Careers

This may not come as a shock to many real estate agents, but their line of work was just named among the Top 12 overrated jobs by CareerCast.com. What makes that career and 11 others so overrated? A perception of having high salaries, power and prestige is offset by the reality of high stress, physical demands or... Continue Reading »

'Flopping' Homes the Latest Short-Sale Scam

Wherever there is a crisis, there will be a line of unscrupulous people poised to take advantage of it. The housing crisis is no exception. According to CoreLogic, fraud occurs in one in every 53 short sales. And sometimes, it's not the homeowner but the lender who is targeted in the scam. While hearing that lenders have... Continue Reading »

Real Estate Commission: How Much Should You Pay?

In today's turbulent housing market, where supply outstrips demand and strict lenders hobble buyers, it pays to have an expert guide you through your home sale. But when the ink dries and the deal is closed, just how much of your hard-earned money should go toward the agent's commission? Not as much as you might think. Continue Reading »

The 10 Best and Worst Real Estate Practices

Real estate agents representing properties in states where they are not licensed, lying about other interested buyers or offers pending on a property, or failing to identify themselves as agents in their marketing and advertising efforts are among the practices that are most objectionable to real estate practitioners,... Continue Reading »

Is That House Worth the Asking Price?

With home values all over the map and local markets faring very differently in the wake of the housing bust, how do you know if the seller's list price is on the money? For most buyers, it starts with what's known as comparable properties, or comps. In theory, a seller could price their home however they please -- but... Continue Reading »

The 7 Deadly Sins of Home Sellers, According to Agents

Every industry has certain things that raise the blood pressure of its practitioners, or in some extreme cases, causes them to buy little dolls and a set of stick pins. Real-estate agents are no exception. Given that they work on commission and often spend hundreds, if not thousands, of dollars marketing a home with no... Continue Reading »

Youtube Sensation XtraNormal Takes on Housing Crisis (NSFW)

The do-it-yourself video phenomenon that swept the Internet with its hilarious, obscenity- laden iPhone parody is at it again. But this time, those curmudgeonly puppies are taking aim at the real estate market. Xtranormal, a popular online video-making platform that turns user-generated text into animated films, has... Continue Reading »

New iPad Tools Ease the House Hunter's Search

Looking to buy a home this spring? There are plenty of new real estate search tools designed to make your home search a whole lot easier. In the old days, house hunters relied on newspaper classified listings and brokers to hone in on properties that fit their criteria. These days, smartphones, tablets and PCs do all the... Continue Reading »

Real Estate Agent Loses License for Not Presenting Offer

Ever wonder why if that property is such a great buy how come your real estate agent didn't just snatch it up? Well, sometimes agents do buy properties for various reasons, and they are looking for a deal just like everyone else. But when it comes to undercutting their own clients there can be repercussions. Just ask... Continue Reading »

Help Agents Sell Your Home As If They Owned It

Real estate agents tend to make more money when selling their own home than when they sell a home for someone else. That was the claim Steven D. Levitt and Stephen J. Dubner made in their best-selling book Freakonomics. In the book they referred to a study that says real estate agents wait longer to sell their own... Continue Reading »

Why Home Buyers Can't Evaluate Real Estate Agents

What do home buyers expect from a real estate agent? The answers might surprise you, and go a long way to explain the reasons why buyers are ultimately disappointed with the one they pick. An interesting result from the good people at the National Association of Realtors from their survey of home buyers on what it is that... Continue Reading »

Barbara Corcoran: Queen of NYC Real Estate Tells All

Barbara Corcoran nearly personifies the residential real estate business. She started in the New York City trenches and went on to build the Corcoran Group, one of the city's powerhouse real estate brands. Sarabeth Sanders of The Real Deal selects some choice nuggets from Corcoran's new book, Shark Tales: How I Turned... Continue Reading »

For Sale By Owner: Not a Good Move Right Now?

Do you really need a real estate agent to sell your house? Fans of the For Sale by Owner (FSBO) approach say no. But here is a cautionary tale about the potential pitfalls of going the For Sale by Owner route. Matthew Peters and his wife, Fiona, had two FSBO home sales under their belt, so they naturally opted for the... Continue Reading »

Super Bowl Sunday: Good Day for Open Houses?

Home sellers and buyers expect Sunday open houses, but when it comes to Super Bowl Sunday, things can get a little dicey. There are some determined buyers (and perhaps desperate sellers) who are willing to venture an open house on Feb. 6. And why not? After all, the game doesn't start until the evening, after most open... Continue Reading »

Housing Market 2011: A Spirited Dialogue

Rob Hahn and Jeff Corbett are partners in 7DS Associates, a strategic management consultancy focused on the real estate business. As industry insiders and observers, they agree on many aspects of the current housing market; they disagree on plenty of others. AOL Real Estate asked them to conduct a dialogue throughout this... Continue Reading »

Housing Market 2011: A Spirited Dialogue

Rob Hahn and Jeff Corbett are partners in 7DS Associates, a strategic management consultancy focused on the real estate business. As industry insiders and observers, they agree on many aspects of the current housing market; they disagree on plenty of others. AOL Real Estate asked them to conduct a dialogue throughout this... Continue Reading »

When to Get a New Real Estate Agent

Real estate agents come in all different stripes, but it takes a personal experience to hammer that home. As my bio says, I'm a management consultant for institutions in the real estate industry, and have been working in the real estate space for several years. But recently, my wife accepted a tremendous opportunity for... Continue Reading »

Mortgage Lenders Stung in Alleged Scam

A multimillion-dollar scam by real estate agents and loan officers, in collusion with homebuyers, left mortgage lenders in the dust, authorities say. Two real estate agents and two mortgage loan officers were among nine people indicted for their roles in an alleged $11-million mortgage fraud scheme that involved paying... Continue Reading »

Evidence Recovered in Ohio Real Estate Agent Slayings

Evidence has been recovered that could be key in the murder of real estate agent Vivian Martin, recently reported on HousingWatch, and the assault and robbery of a second agent near Youngstown, Ohio. Detectives found two Smith & Wesson semiautomatic handguns in a safe deposit box at the Huntington Bank in Girard. They... Continue Reading »

Two Ohio Real Estate Agents Slain on the Job

A real estate agent, presumed murdered, was found dead inside a vacant home near Kent, Ohio, early Tuesday. His death follows that of another agent in Ohio, also believed murdered. The wife of Cutler Realty agent Andrew VonStein, 51, notified the sheriff shortly before 4 a.m. that her husband was missing. She also called... Continue Reading »

Real Estate Pros Gloomy on Near Future of Housing Market

The pessimists have won -- for the time being, anyway. Some 90 percent of real estate agents and brokers anticipate that home prices will fall or stay the same over the next six months, according to a new survey by HomeGain. It's interesting to note that homeowners polled were somewhat more positive about the future, with... Continue Reading »

Top Questions to Ask a Real Estate Agent

After her home in Michigan's Upper Peninsula sat on the market for a year without an offer, Rita Gordon and her husband, Bill, were determined to hire a new real-estate agent. "The first time, our family and friends said, 'Go with this person.' We did no due diligence," says Gordon, who has since relocated to Rocky Point,... Continue Reading »

Can a Part-Time Real Estate Agent Get the Job Done?

Chris O'Brien became a part-time real estate agent for Re/Max in Doylestown, Pa. about 18 months ago because the economy had him feeling a little uncertain in his full-time sales position in the health care field. Now O'Brien is up against backlash from full-time agents, who have recently released ad campaigns and internet... Continue Reading »

>

AOL RealEstate on Facebook