Carnival of Real Estate #142

The Carnival of Real Estate stopped by the Minnesota Investment Property Blog this week.  With past carnivals that I have hosted here, we have seen 10-15 entries.  This time it was 26 entries about every different part of the real estate business.  I spent hours and hours reading each one (just kidding, it didn’t take that long).  Here are my top picks in no particular order, but distinct areas of interest.

Real Estate Business/Realtors

• Jay Thompson at The Phoenix Real Estate Guy posted an account of one inept agent threatening to sue her customer over a commission despite the agent’s complete failure at customer service.  I can’t imagine either being that bad of an agent or as Jay says, suing your customer over your failure to provide excellent service!
• At first glance, I was wondering what this post “Why Lovers and Others Leave” had to do with real estate.  After the 4th sentence I realized that AgentGenius.com was explaining why our customers leave us and go elsewhere.  Good list of reminders!
• The real estate business can wear you out.  It is good to take some time off occasionally and recharge the batteries.  Jack Schmidt at SectorMatic quips about “How to Know When You Need a Vacation“.

Buying Real Estate

• As real estate agents, it is our job to make the purchase or sale of real estate as smooth as possible.  Unfortunately, it is rarely as simple as the public might think!  Dan Melson writes about it at Searchlight Crusade in his post:  Buying Real Estate Isn’t Simple.
• Along with everyone thinking buying real estate is easy, most of the buyers I work with today want to make low-ball offers on houses.  They figure that in this buyer’s market, they are in the driver’s seat.  Doug Willis demonstrates 5 Reasons Your Low Ball Offer is Rejected.

Selling/Owning Real Estate

• Ned Carey explains the differences types of tax auctions and how to handle if you wake up saying:  “Help!  My Home is going to tax sale“.
• The Zillow blog is always a great source of market data.  In their post:  Homeowner Confidence Shrinks (Yet Most Think the Worst is Over), they validate what most of us in the business have been sensing for a while.

Mortgages

• This comes up every time I am at a cocktail party with anyone that knows I am in real estate.  Fivecentnickel.com takes up the age-old argument about whether you should Pay Off Mortgage Early?  Or Invest?
• Everyone in the real estate arena these days loves the low interest rates.  Most of us are wondering not if, but when will rates go higher.  Dan Green looks at what the fed is doing and suggests:  Why Mortgage Rates May Plunge One Last Time Before Low Rates Are Gone For Good.

Thanks everyone for the great (and many) submissions.  Are you a real estate blogger and would you like to host a future edition or take a more active role in administration of the CoRE? If so, get instructions on how to do so here. Please check the complete FAQ list if you have other questions as to how to participate.

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