Have you ever paused to contemplate the multitude of individuals involved in the completion of a real estate transaction? Let’s begin with an initial rundown of roles in a traditional sale: Seller Buyer Seller’s Real Estate Agent/Brokerage Buyer’s Real Estate Agent/Brokerage Seller’s Lender (providing payoff letter for current loan and mortgage release forms) Buyer’s Lender/ […]
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Are You Against Teaming Up With An Investor?
Do you have a property that needs work or are you in an unusual situation (foreclosure, tenants that don’t want to leave, etc. )? Have you considered speaking with an investor to go over your options? Perhaps you can team up (most commonly called Joint Venture) to maximize the sales price and net more from […]
Super Bowl and Selling Your Property(s)
Well, I guess I can get on the Super Bowl Bandwagon. Especially since I live in the Kansas City Area and the CHIEFS just won their 3rd Super Bowl Title. I am going to be a little philosophical about using this as a jump point to Selling Your Property. The two main points are: There […]
Welcome 2024!
Well, we have all sent 2023 on its way and brought in 2024. This last month has been a blur, but I am very excited about all the New Year is bringing. The challenge I have set for myself is to be better than I was last year and help more Sellers, Buyers, and Real […]
Are You Ready to Take the First Step Towards Buying or Selling?
Once the decision is made to buy or sell a property, you must now consider your plan. Having a clearly defined plan will ensure that you are not taking on unnecessary costs or using time unwisely. The path to purchasing or selling a property is not set in stone. Do you know what your options […]
Do you need a Real Estate Consultant?
Full Disclosure: I am a real estate consultant, professional transactioneer, and real estate investor. So you would expect me to have a resounding YES to the above question. My actual answer is MOST LIKELY. Also, I am not a real estate agent, attorney, accountant and any other professional requiring licensing and that would provide […]
How to make a better financial return on your home sale?
The following is not for everyone. There is a large percentage of property sellers (owners or investors) that this will make no sense to do. However, there is another relatively large percentage of property sellers who if they knew about these options, would consider this strategy and implement it decisively. Those are the ones I […]
Not for Non-Thinking People When Selling or Buying a Property
I am about to say some things here that may offend some people and there will be a significant amount of justification or rationalization. I am basing this on my experience of over 30 years in the real estate financing and deal structuring business. You can say that I am making generalizations, but you have […]
How Open-Minded Are You About Selling Your Property?
We all have a tendency to go with what we know or what we believe is the best way. We consider ourselves pretty open-minded about many things and there are those few things that are non-negotiable. Yet when it comes to selling one of, if not, the largest asset we own, we focus on only […]
Option “A” Did Not Work. Now What?
Option A is my definition of the traditional conforming sale of real estate that every active real estate agent is familiar with. The following is a general outline of Option A. List the Property For Sale on the MLS Showings and receive offers Present offers to Seller which include loan preapproval or loan commitment The […]