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Archive for August, 2022

Is Your Buyer’s Earnest Money REALLY Protected?

You tell your Buyer that “their Earnest Money is Safe!” “If you terminate before the end of Due Diligence, you’ll get it back!” “If you terminate based on a contract Contingency, you’ll get your money back!”

BUT…. Does a Buyer REALLY get their money back & when???? Watch the video to find out steps YOU may take as a real estate agent to TRULY protect your Buyer’s Earnest Money!

Please browse “Videos” or “Playlist” for so many more!

FYI… there are more videos on the YouTube Channel, “Real Estate Made Crystal Clear” ahead of what is presented in this Newsletter.

Click to Watch More Videos from Real Estate Made Crystal Clear

When to Ask for a Price Reduction

The Real Estate Backstory is our weekly update The Real Estate Backstory is our weekly update of real estate news, information and education for the Atlanta real estate market. This week we cover:

  • Mortgage rates leveling off.
  • Important features for homeowners in 2022.
  • Existing home sales drop for 6th straight month.
  • New construction slows.
  • Builder confidence underwater after falling for eighth consecutive month.
  • Share of listings with price cut.
  • When to ask for a price reduction.
  • Bidding wars come to lower-priced homes as competition grows fierce.
  • Home purchases getting canceled at highest rate since 2020.
  • 18% of Americans live in multigenerational households.
  • Save more on green home improvements under the inflation reduction act.

Thank you all and please let us know if we can be of service.  Alan Richardson – Managing Broker – Maximum One Realtor Partners alan@maxonepartners.com Check out the YouTube Channel by Ming & Alan Richardson of MX1 Partners – “Real Estate Back Story”

But it Said So in FMLS…???

If something is advertised in an MLS service (such as the Seller buying a Home Warranty for a Buyer) is the Seller required to comply? Watch the video to find out!

Please browse “Videos” or “Playlist” for so many more!

FYI… there are more videos on the YouTube Channel, “Real Estate Made Crystal Clear” ahead of what is presented in this Newsletter.

Click to Watch More Videos from Real Estate Made Crystal Clear

How to Be a Great Listing Agent

The Real Estate Backstory is our weekly update The Real Estate Backstory is our weekly update of real estate news, information and education for the Atlanta real estate market. This week we cover:

  • The most difficult part of being a great listing agent.
  • Tom Ferry summit next week.
  • More people than ever are looking up if the market is going to crash.
  • Mortgage rates are volatile.
  • Slowing inflation suggests mortgage rates have topped out.
  • US foreclosure activity ticks down in July, sliding 4% data shows.

Thank you all and please let us know if we can be of service.  Alan Richardson – Managing Broker – Maximum One Realtor Partners alan@maxonepartners.com

Check out the YouTube Channel by Ming & Alan Richardson of MX1 Partners – “Real Estate Back Story”

What’s Going On With Mortgages Rate?

The Real Estate Backstory is our weekly update The Real Estate Backstory is our weekly update of real estate news, information and education for the Atlanta real estate market. This week we cover:

Mortgage rates drop below 5%.

Mortgage demand inches higher.

Largest inventory gain in 12 years.

Homebuyer competition in U.S. drops to lowest level in two years.

Zillow & Opendoor announce multi-year partnership.

FTC fines Opendoor $62M for deceptive practices.

Thank you all and please let us know if we can be of service.

Alan Richardson – Managing Broker – Maximum One Realtor Partners

alan@maxonepartners.com

http://www.maxonepartners.com

  • Office: 678-782-5050

Check out the YouTube Channel by Ming & Alan Richardson of MX1 Partners – “Real Estate Back Story”

Is Client Contact Info Required on a Contract?

Is Client Contact Info Required on a Contract?   Am I required to complete the contact information for the Buyer & Seller on the signature page of the Purchase & Sale Agreement? How do I know? Why would I have to or not? What does an agent signature mean in a contract? Watch the video for the answers to all of these questions & more!
 
00:00 – Introduction – Video covers Georgia Association of REALTORS GAR Purchase & Sale Agreement – F201
02:00 – Contact Info required to Notify the Parties
02:21 – Brokerage
03:29 – What does an Agent’s Signature signify
04:49 – Broker’s Role in the Transaction
05:47 – Holder of Earnest Money
06:42 – Definition of “Broker”
07:57 – No Authority to Bind
08:55 – Notice & Contact Information
10:47 – What creates a Client relationship
11:40 – What if Buyer / Seller are Customers
12:42 – How is Notice achieved
14:08 – So what does all this mean
15:15 – Do you have to complete public contact information
16:05 – What about on Brokerage Agreements
18:32 – Note about Customer Relationship
19:31 – Point of Practice for Real Estate Agents  

Please browse “Videos” or “Playlist” for so many more!  

FYI… there are more videos on the YouTube Channel, “Real Estate Made Crystal Clear” ahead of what is presented in this Newsletter.  

Click to Watch More Videos from Real Estate Made Crystal Clear

How to Prepare for a GREC Investigation

When someone tells you they are going to file a complaint against you with the Georgia Real Estate Commission (GREC) or the Board of REALTORS, what should you do? Watch the video to find out & keep watching til the end for the KEY to protect your Real Estate License!

Please browse “Videos” or “Playlist” for so many more!

FYI… there are more videos on the YouTube Channel, “Real Estate Made Crystal Clear” ahead of what is presented in this Newsletter.

Click to Watch More Videos from Real Estate Made Crystal Clear

Is AirDNA Accurate?

While a great tool for initial numbers, AirDNA can put you on the wrong track when making a decision about which property to purchase for your next short term rental.

Contact Jay Alexander – Homestar Financial Corporation Jay.Alexander@HomestarFC.com

kvCore: Ongoing Tutorials – 3 NEW Videos

Watch these videos on how to get your FREE kvCore Account to generate business for you!

Click to Watch These Videos on Keys to Success with kvCore:

For more information on kvCore & More, check out the YouTube Channel by Ming & Alan Richardson of MX1 Partners – “Real Estate Back Story”

Agent Mobile Site (thru VoicePad) – Tutorial

FREE Info on homes for sale as you drive around! Maximum One Greater Atlanta agents all have a FREE GPS-Enabled Mobile Website through VoicePad so people can get MLS information on homes for sale! Watch this brief tutorial to learn how to access it & get it on your cell phone & share with your clients, Customers & Prospects!

Agent Services Coordinator (Vivian Cade) – ASC@eAGENTweb.comVoicePad Information on Agent Mobile IDX Site

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