Hope you all had a great holiday season!
I had a great one and ended up going to Tampa to watch the Bucs lose! It was a crummy game but a great time since I watched with my son who is just home from Afghanistan and just getting back to Law school at the U of F. You take your blessings where you can get them.
As Seinfeld would ask "What's up with the buyer agent bonus's"
I was taught Real Estate in the way that commission was the last thing you looked at after the property was under contract, I teach Real Estate in the same way!
When the Real Etate market went south with the birds the philosophy changed with a lot of companies and experts including the late Robert Bruss. The new theory is if your property won't sell then raise the commission and offer a buyer's agent bonus. This sounds rather innocuous but when you examine it the theory is flawed. You, the buyer, tell your agent what you need in a property. Does your agent then find the properties that fit the criteria of your needs but then go through the listings and cull the ones that are low on commissions. What happens when the agent finds a bonus, does this property go the top of the list even though it is flawed? The buyer is the person buying the property, the buyer deserves the best deal going regardless of the commission or bonus. The agent's mission is to serve the buyer not the commission. I don't know of any Real Estate company that is a non-profit organization but we are a repeat business industry and that entails taking care of all your clients. If you look at one sale or cashing in on one bonus you will surely fail.
As Seinfeld also said "If a man is walking a dog and a man is carrying the poop, who is in charge"
A couple of my picks of the week are a never lived in condo 3br 2ba,2348 sq ft, river view priced at $289,000 or $123 a sq ft.
A home that is a 2 story, 2256 sq ft, direct river,4br 3ba,this home has been reduced $250,000 and is now priced at $499,900. It could be that the seller is motivated.
Wish all of you a happy new year and if I can help you just call Jim at 321-213-0615 or email walkerbagwell@aol.com

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