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Real Estate, financial education and much more.

Juneau, Alaska

The perfect place to come to ask questions about real estate education or if looking at improving you skills in order to survive and thrive in your market.

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Welcome to my Blog!

The media; their message versus reality

Aug. 20, 2007
Categorized in: Welcome to my Blog!

Grrrrrr every time I see or hear a story on the media that trashes mortgage lenders as a whole and completely exonerates the people who got themselves into crazy loans, I want to scream! I grant you some lenders do prey upon unsuspecting home buyers who could not buy a home other than through predatory lending practices; however, by far the majority of homeowners who are feeling squeezed got themselves into home loans that did not realistically meet their family's budget.

So...what should they do now:

  • Get on a realistic budget
  • Look to refinance to a more conventional fixed rate loan
  • Sell the house if you can't afford it.

Now, those folks that are preying on unsuspecting home buyers? String them up by their toes (in a manner of speaking!) Understand; I believe that it is our moral responsibility to assist home buyers by explaining the various of financing options and help them understand when looking at a mortgage and the payment, that they must consider it in light of their realistic monthly budget.

Interest rates are a heck of lot less today, than I went into the business in 1982 -- they were over 16% at that time. Housing prices have skyrocketed for most of the US. Interest rates on home loans are comparatively reasonable and choices for housing must be made with a reasoned discussion of all the facts.


We know that real estate is a long term investment in their family and their family's future. Please help home buyers and sellers to see the reality again.

Questions to ask a seller

Jul. 15, 2007
Categorized in: Welcome to my Blog!
Tagged with: working with sellers

What can you do to get that great listing? There is more competition (both in property for sale and in REALTORS) than in the past couple of years, there are lots of fancy presentations everyone is going to show those sellers. But, what is really going to get you that listing? The answer is, before you whip out your laptop and fancy presentation or tell them what they need to do to sell their house or, tell them the price that they need to put on their house.... make sure you ask the right questions up front! Prepare the seller and prepare yourself for a successful relationship by starting with these questions of the seller!

  • How many homes have you bought and sold before? What was that selling experience like? When was it? Please, walk me though that process from beginning to end.
  • How did that work for you? (You want to know the goods and the bads!)
  • Do you know how it works in this market? (Explain concentrating on what they have told you about their past experiences. If they have never sold a home before, make sure that you go through the process, from beginning to end in a complete, but simplified format)
  • What do you want to accomplish in the sale of this property? (It is never just about the price!)

Seemingly simple questions? Maybe; but the answers will reveal to you what sellers want  and need from you in the sale of this property and what you need to coach them on to get the listing and more importantly to get that property sold!!

Try them and see if they don't improve your success rate as well as start your relationship with the seller out on the right foot!