Below you'll find a list of all posts that have been tagged as “Northeast Ohio Real Estate”
Interest Rates Are Rising! Be sure to work on your skills and scripts in this shifting market. Get with you lender partners: an ARM may work well for a short term buyer; the loan may have a rate cap Focus on groups that interest rates don’t matter: Super seniors – looking to downsize or going to an assisted living; they …
Who’s freaking out about rising mortgage rates? Will this lead to a housing market crash? Falling prices, fewer sales…. We’ll take a look at past data, what has happened when rates rise more than 1% in less than a year. The data may surprise you! So whether you’re an agent trying to figure out how your career will be affected …
Mike and Tony discuss multiple offers in the 5th and final week of Avoiding Ethical and Legal Pitfalls in Real Estate! Multiple offers can be a daunting challenge for buyers, sellers, AND AGENTS! Are you handling this situation appropriately? In the Cleveland real estate market we’re experiencing multiple offers, sales over list price, and buyers giving extraordinary terms just to win …
Mike and Tony discuss: Is it legal to record your buyers and agents as they view your house (or your listing if you’re an agent)? Do you have to disclose it? What about taking pictures of other people’s homes and posting them on your social media? Seems harmless, right? When showing a home to a client, always assume you are …
Join guest host Tony Geraci as he helps you stay out of trouble on social media. For example, did you know that YOU could be held responsible for what others post on your social platforms? Real Estate agents are using social media more and more as a marketing tool, just like we do in the Cleveland, Ohio real estate market…and …
Training for Realtors and Property Managers – Avoid Legal Pitfalls Some tips when renting properties: A security deposit is refundable. To hold a unit/property mark the payment as a “non-refundable deposit”. In the State of Ohio, property managers need to be licensed. Realtors must go through their Real Estate office. Have a written standard for approval of tenants; be consistent! …
CHECK OUT OUR PODCAST! 3 things you might be doing WRONG if you’re working rentals or property management. More complaints are filed regarding management and rentals than any other category. Are you breaking the rules? We will cover source of income as a protected class (are you saying “NO Section 8”, for example?); this could open you up to liability! …
Facebook – FREE Ways to Build Your Real Estate Network! Networking is all about building relationships. Different types of Facebook groups can help expand your sphere: Location Groups – Join neighborhood groups such as NextDoor, particularly in neighborhoods that you are geofarming. Interest Groups – Find things you already like/do and build on that: Hiking, Kayaking, your kid’s sports, …
Mike and Tony discuss why the customer is NOT always right and when to consider letting a customer go. 1. Customers do not know everything: They may not understand the ethical obligations agents have or think they should price a property higher than the market dictates. 2. Number of Customers: Find the RIGHT customers; let the others know you are …
Make Sure You Have the Right Coverage – Don’t Get Stuck with Unnecessary Costs! On our most recent podcast Mike and Tony were joined by Collin Doyle from State Farm Insurance in Mayfield Village ([email protected] or 440/646-2530). There are many types of insurance; be sure to always discuss with your agent what is covered specifically in your policy. Do …
