Wale Adewoyin's (1stcrown) Blog

Why is it dificult for some agents to give clear directions on listings? The difference between north, south, east and west does not need a special course on geography. The easier it is for buyers agents to get to your listing the quicker you get offers, besides the quicker it is to being sold. S...

We are fast approaching that milestone. What does it mean? Higher operating costs, increasing unemployment, more shutdowns in an economy that is sputtering. Its effect on housing will be stagering. People will find it difficult to hold on with already thin wallets. Housing costs will increase and...

What pricing models do you use? When is enough enough? I am writing about the real estate commission model. When do you draw the line of working for nothing? I am talking about the commission only model. I believe if an agent has properly prequalified a buyer as to what they want and their qualif...

I have often wondered why the real estate profession probably have the most designations real and unreal. Who and what determines these credentials? It was that we had on the residential side just the CRS, GRI and ABR certifications. Now you have a proliferation of these certifications. If you as...

With the proliferation of foreclosures and short sales there goes the appraisal model we are used to. The problem is it assumes a perfect market, where vlaue were based on sales. With foreclosures and short sales it produces an artificial imperfect market. Agreed most people will say its a market...

Real estate values have well been known to be location related. What drives the market is a function of demand, supply, interest rates, taxes. Supply and demand is heavily influenced by employment, environmental factors and incentives to purchase(1st time homebuyer programs) capital gain treatmen...

I have always wondered where governance and self will comes in to play in development in this country. I am refering to the developments along known areas of natural disasters. Why are developments or building permits allowed in known areas of disasters. Houses are built in river basins that are ...

In the bsuiness of real estate I have seen the proliferation of middlemen who do nothing but prey on agents and the spread their web to suck in  agents without giving out anything. It used to be when you needed to provide bpos, all you had to do was sign up with banks who needed the service, now ...

If you require all your buyer prospects to sign a buyer contract, what is your average time frame?  Is a year overkill and bondage to the client? Do you have an opt out for you and the prospect? Have you ever had a buyer asked to be released and what was your reaction.? I am asking, because I hav...

I go with my buyers to examine a HUD listing to conside putting an offer. I open the back door and step down to an attempted bite by what appears to be a rabid dog dragging a massive chain it seemd to have broken from its leash. Clients who were right behind me were able to retreat into the house...