RECENT BLOG POSTS
I am a broker in Dallas Texas and see a possible storm cloud on the Horizon. Is anyone looking at the possible affect on the pre-owned home market when Freon is phased out completely at the end of 2019. I had a buyer terminate because the seller would not replace the system because it ran on Freo...
05/28/2019
You might not know it but every time I receive a lead from HomeLight I have to agree to pay 25% of my commission to them. They don’t want you the consumer to know that because it is greedy and disproportionate to the value received. I’m not saying that is unfair because it is a lead I did not hav...
04/03/2019
In early March, I thought I would try something new. I took a cold call from realtor.com and ended up making a stupid move. I agreed to buy leads from realtor.com for two ZIP Codes at $250 a month with a one-year commitment. I was promised 20 to 30 leads a month. Now two months later, during the ...
04/30/2018
In my market area it is not uncommon for team leaders to contract with their team members to take credit for their activities. To accomplish that, they expect other brokers to close out transactions naming them as the buyer agent.  As a matter of principle, I refuse to do so. In the past, my MLS ...
04/07/2018
This is what sellers need to know about following up with showings and open house visitors. It's important to understand the psychology of buyers and the market forces that lead them to a purchased home. Buying a home is the most important buying experience in a lifetime for most buyers unlike an...
03/17/2016
 In this highly competitive buyers market I always suggest a buyer present a personalized letter of introduction along with an offer for consideration.Combined with a solid, well prepared offer, these letters do work to gain an advantage.  They give more confidence to the seller that the buyer is...
06/13/2015
We all hate to find out the buyer has a hidden prayer that turns out unanswered by the loan approval process. Before execution, I always call lenders to review their approval/qualification letter to advise my client of the level of risk with a particular buyer. It's a triple purpose due diligence...
12/15/2014
Clearly the Internet phenomenon coupled with electronic signature and e-mail has lowered the labor and delivery costs of representing clients. It is most obvious competition for new listings is resulting in lower fees. Most new Agents are trained to focus on listing homes to gain first-hand exper...
08/29/2014
The other day I ran into another Agent working for a hedge fund here in Dallas. He said his fund is new and has $2 billion to invest in homes built after 1985 up to $200,000. Their model is to purchase, fix up, rent and hold, or owner finance. He is not the first hedge fund Agent I have ran acros...
08/25/2014
Rainmaker
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Tod Franklin

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