Real Estate Called Out

This anonymous story sheds light on a taboo subject in the industry; Dual Agency (when an agent represents the buyer and seller).  

This Florida buyer not only was able to tour the house without supervision, but the listing agent became super friendly when the buyers asked them to do dual agency.    The agent proceeded to tell the buyer exactly what to offer and even set a 16 hour deadline.

Lindy Chapman weighs in on who won in this offer situation and what a seller should know if their agent offers dual agency.

Enjoy!

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State laws and regulations may vary.

Have a story you would like to share with other sellers or buyers?
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Last year, Wendy interviewed real estate agent, Jay Villella.   During that conversation, he answered honestly when asked him opinion about the amount of quality agents in the field.   Within a week, he was contacted by the association and told to retract or delete his statement.   He did not (nor did Wendy) and what happened next encouraged Jay to part ways with the association.  

Learn what he said, what happened, and how the industry should look at improving the quality of agents currently in the field (if they finally decide to acknowledge this issue).

If you are in Pittsburgh, Jay also shares some info about the Pittsburgh market, the concept of buyer rebates, and how agent commissions shouldn't be an "average" for everyone.

Got a question?

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Have a story you would like to share with other sellers or buyers?
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Does the agent really have "multiple offers?"  

Real estate expert, Lindy Chapman, joins us for this episode as we read our anonymous agent story in which an agent tries to lie about "other offers."  Too bad it's a small world, and the buyer knew the seller. The buyer finds out that there were no other offers!

Listen in as Lindy shares what you should know and what your agent should be asking to make sure you are offering the right amount and not competing with fake offers.

Got a question?

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I love this badass buyer story! 

Rachel Gerald spent 20 years in active duty in the marines, while single handedly raising three children.     She shares how she bought her first home in 2009 and how she used that experience to time buying and selling a home this year in two different states!

She also talks about her own pathway to financial freedom and how she now spends her time helping others, especially those retiring from active duty.   

I like to call her the "unicorn" in the world as buyers as her pathway to buying this time around was pretty smooth.   So, for those of you struggling to compete in this market, know that your opportunity can still happen for you!

Learn how Rachel went from $126,000 in debt to being debt free
Contact Rachel

Got a question?

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This buyer story has it all.  Learn why this family changed agents, stressed about loan issues, and how they landed a home because another agent (allegedly) owed their agent a "favor."  to to mention how they got ghosted right after they closed.  

Plus they share tips on what type of agent to not use and why mixing business with personal issues can impact your relationships during the process.  

Got a question?

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Let's talk about the man who hates to see you spend money on expensive coffee, Dave Ramsey!

While you can agree or disagree with his financial advice, one thing we can all agree on is how much money he is raking in by helping you find the "best agent for free!"  

Find out how his company is making millions, and in my opinion, the downside to using his ELP platform to find a real estate agent.  

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This buyer never set foot in their home until after they closed.  Learn what it was like to buy a home by only looking at pictures online, how she managed to move with a newborn, and which warranty and security companies gave her a ton of problems since closing.

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This is one of our favorite stories!  This buyer took her family from poverty to buying their first home!  Learn how they did it, the disappointments they encountered while shopping for a home, the ridiculous underwriter questions she had to deal with, and the pressure she received from her agent to spend more.

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This Kansas City buyer recently bought a home in Kansas City that came off the market for structural issues.  Learn how they navigated buying home hours away, how they got cheated out of $8,000, and what she wishes she had done differently when finding an agent and using referred service providers.

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Whether you are buying, selling, or just nosy, there is a good chance that you spent some time on Zillow.    
It's one of the biggest real estate websites in the world, but it's also one of the biggest lead generation companies for real estate agents.    

Let's talk about how Zillow makes money, who pays for it all, and how using their "matched agent" can potentially hurt your chance to save money.

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Have a story you would like to share with other sellers or buyers?
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