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Beware and Be Informed About Full Disclosure, Dual Agency and the ‘Business’ of Real Estate.

Posted February 19th, 2010 by Susie Blackmon

MUST READ FOR BUYERS AND SELLERS, and those on the fence.

Brilliant points about Dual Agency … AND the ‘business’ of Real Estate.

My ALERT blog posted February 15, 2010 in case you missed it:

Several very interesting blog posts have come to my attention that put the spotlight on a situation that is embarrassing to me as a North Carolina Broker, and ultimately, something any Buyer should be aware of with regard to full disclosure of any commissions and/or incentives that might be involved in a North Carolina real estate transaction.

In a nutshell, a group of North Carolina Realtors wants to deny Buyers the FULL DISCLOSURE of commissions and/or incentives to Brokers!

A February 10, 2010 article in The Charlotte Observer states: “A group of leading N.C. Realtors hopes to change part of a rule that protects homebuyers from having their search guided by their real estate agent’s financial interests.” Read the entire article here.
“Shhh! Don’t tell my client that I’m being incentivized to sell them this house!“
“Let’s Take a Big Giant Step BACKWARDS in Real Estate” ~ MUST READ.

My thoughts? Buyers and Sellers have every right to know any commissions and/or incentives to be paid. Period.

And dual agency is not in your best interest. It is in the best interest of the agency handling both sides of the transaction.

ALERT for North Carolina Real Estate Buyers. (Don’t Get “Snowed.”) (buckingtherealestatetrend.com)
The Cliffs at High Carolina Resort Developer, Jim Anthony, Stands by Tiger Woods (WSJ). (buckingtherealestatetrend.com)
“Top 12 Women Real Estate Bloggers 2009″ ~ THANK YOU Joseph Ferrara and Sellsius Real Estate. (buckingtherealestatetrend.com)

More leaves on the creek in Maggie Valley than on the trees!

Posted October 31st, 2009 by Susie Blackmon

Taken on a creek in Maggie Valley late Friday afternoon on October 30.

By Susie Blackmon

Posted via email from Susie Blackmon’s Posterous

Want to Hear the Sounds of a Beautiful Maggie Valley Creek? (buckingtherealestatetrend.com)
Hershey Bar Pie ~ Great for Open Houses Unless Carpet is White. (buckingtherealestatetrend.com)
Driving Down Hemphill Road in Waynesville, NC … Christmas Trees, Cattle, and Creeks. (buckingtherealestatetrend.com)

REALLY? $8,000 homebuyer tax credit on the ropes.

Posted October 21st, 2009 by Susie Blackmon

Real estate news and views from around the globe that make you go, “Really?”

NO-BAMA?: White House skeptical on renewing home buyers credit (USAToday.com) MORE HERE!

NO WORRY? Tax Credit’s Expiration Might Not Derail U.S. Housing Rebound (Bloomberg.com) MORE HERE!

COSTLY: HUD’s Donovan: Homebuyer tax credit extension depends on cost analysis (WSJ.com) MORE HERE!

SLOW STARTER: Fewer U.S. home-building permits signal weakness ahead (AP) MORE HERE!

WHY? Author Ilyce Glink asks “Is The U.S. Housing Market Ready To Stand On Its Own?” (CBS MoneyWatch.com) MORE HERE!

TRUCKIN’: Why Caterpillar’s Strength Doesn’t Foretell a Housing Rebound (Minyanville) MORE HERE!

Posted in: Odds & ends • Policy, politics & regulation • Top tale • industry • Really |

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