What If Realtors Got Paid By The Hour?

A recent opinion piece on SFGATE.com continues the chorus of those who think that Realtors are grossly overcompensated. I am not sure why, because, as Jay Thompson explains, most are living well below the poverty level...30% actually lost money! Maybe it is time that we changed the way Realtors get paid...here are some thoughts... For more clarification on myths about real estate agents, check out this great article by Elizabeth Weintraub. … [Read more...]

Introducing the AZ Short Sale Seller’s Advisory

The Arizona Department of Real Estate and the Arizona Association of Realtors have teamed to create a great resource for distressed property owners or any homeowner or wants to understand what happens when you are in default on your mortgage or contemplating a short sale. The Advisory contains links to online resoures to professionals and consultants who can help you understand your rights, liability and risks so you can make an informed decision and protect yourself in these tough times. Click on this link to view the AZ Short Sale Seller's Advisory. … [Read more...]

The Gloves Are Off, Folks…Watch Your Back

Two recent news stories have highlighted to me how out-of-whack things have gotten with respect to the actions being taken to "improve the economy". I knew it was bad, I just didn't think it was this bad... AIG execs are partying it up while school teachers are paying the price...that might improve the economy for some people, but not the average Joe. … [Read more...]

Sorry First Time Homebuyers – This Isn’t Going To Be Easy…

With the deadline for the First Time Buyer Tax Credit just around the corner, it may be now or never for many first time home buyers. Unfortunately, many home buyers do not realize how difficult it is to compete in this market at the lower price ranges. A look at some recent sales activity in Queen Creek, a popular area for first time buyers, reveals the challenges they face. … [Read more...]

Why Realtors are Like Rocket Scientists

After working as both a rocket scientist and a Realtor, I cannot help but notice the remarkable similarity between the two professions. So why is one field among the most respected on the planet, and the one of the least respected? Beats me! I'd love to hear your thoughts on this! Leave a comment below or email me at kristin@hereinphoenix.com! … [Read more...]

Talking Shop: Short Sales from the Buyer’s Side and a Couple of War Stories

In Part 2 of my recent chat with Tempe realtor and fellow video blogger Dean Ouellette we chat about about what's going on with short sales in the Phoenix real estate market, we discuss the Buyer's side of the deal and we swap a couple of war stories. What do you think of this format? We are thinking about doing this on a weekly basis, so I'd love to hear your comments... … [Read more...]

Talking Shop: What Should Sellers Look For When Listing A Short Sale

I sat down with Tempe realtor and fellow video blogger Dean Ouellette to talk shop and chat about what's going on with short sales in the Phoenix real estate market. In part 1 of our 2-part discussion, we discuss what to look for when choosing a listing agent for a short sale, whether or not it's a good idea for your agent to use a 3rd party negotiator, and how the short sale climate has changed over the last year.  In case you are wondering where we are, it's my favorite muscle car hangout, Steel Dreamz. This is new format and we are hoping to do this on a weekly basis...what do you think? I'd love to hear your comments... … [Read more...]

Hey Banks! Wake Up! Loan Mods Aren’t Working…

After watching a couple of news snippets on MSNBC that reported on loan modifications, I was amazed at the huge divide between bankers and policy makers, and the reality from the consumers' viewpoint. Check out the interviews and let me know what you think.... *Michael Barr, US Treasury; http://www.msnbc.msn.com/id/21134540/vp/34935747#34796103 *John Courson, CEO of the Mortgage Bankers Association; http://www.msnbc.msn.com/id/21134540/vp/34935747#34795942 *Jean Chatzky - Money.com and Barbara Corcoran - http://www.msnbc.msn.com/id/21134540/vp/34935747#34795865 *Jason Tucker - http://www.msnbc.msn.com/id/21134540/vp/34935747#34795865 … [Read more...]

How Much Will It Cost Me To Do A Short Sale?

When you sell your home in a short sale, how much does it actually cost the Seller? Just like a lot of things in real estate, the answer depends on your situation. That's why it is always advised to seek legal and financial counsel when considering a short sale. Contact me at kristin@hereinphoenix.com or 480-282-7464 … [Read more...]

Steel Dreamz – The Ultimate Man Cave

Scott Cawley, a friend of mine, has opened his new shop, the Steel Dreamz showroom, at Arizona Ave and Elliot. You have got to see it to believe it! Classic muscle cars, eclectic and nostalgic artifacts and one gigantic TV screen. It's the ultimate hang-out to talk shop... Here's an interview with Scott as he prepares to auction some cars at the Barrett-Jackson and Russo & Steele shows this week. Thanks to Jay Thompson, Thompson's Realty for providing the photos. You can visit Steel Dreamz at 260 E Comstock, Chandler AZ, just south of Arizona Ave and Elliot. … [Read more...]