Posts tagged "transaction process"

Why You Need A Mortgage Pre Approval BEFORE You Start Shopping For A Home

Why You Need A Mortgage Pre Approval BEFORE You Start Shopping For A Home
One of the first things they taught us in our real estate training class (after you get your license is when the real training begins but it’s heavily focused on how to make money) is that a realtor should make sure that all their buyers have a mortgage pre approval before they spend too much... Read more »

How To Manage The Stress Of A Real Estate Transaction And Not Kill Your Deal

How To Manage The Stress Of A Real Estate Transaction And Not Kill Your Deal
The following guest post was written by Greg Braun, a real estate attorney: We always hear from clients that this real estate closing will be simple.  When I hear that, I cringe because even under the best of circumstances I know that clients will experience a bit of stress as they move from contract to closing.  Change produces... Read more »

Can An Offer Letter From A Home Buyer To A Seller Make A Difference?

Can An Offer Letter From A Home Buyer To A Seller Make A Difference?
The Chicago Tribune ran an article last week about how home buyers can sweeten an offer with a love letter to the seller. Love letter is an expression used to describe an emotional appeal from the home buyer to the seller in an offer letter to earn an advantage in the bidding process. The letter... Read more »
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Beware Switching Utilities When Closing On A Home

Beware Switching Utilities When Closing On A Home
You would think this is pretty straight forward. However, whether you are buying or selling a home, when it comes time to prepare for closing, you need to really be on top of switching your utilities. Part I is pretty basic – remembering to switch over your gas, electric, water, and phone service or you... Read more »

For Home Buyers That Want The Real Estate Commission For Themselves

For Home Buyers That Want The Real Estate Commission For Themselves
I remember many years ago, long before I got into real estate, talking to a listing agent in another city about how I should be able to get the real estate commission on a purchase because I wasn’t going to use a real estate agent. Wow! She looked at me like I was from another... Read more »

How I Had To Take My Own Advice And Swallow My Pride To Buy A House

How I Had To Take My Own Advice And Swallow My Pride To Buy A House
One of the most unappreciated roles that a realtor plays is to protect buyers and sellers from themselves – i.e. keep them from making emotional and irrational decisions. Invariably something happens during a real estate transaction that pisses off one of the parties and puts the whole deal in jeopardy. I’ve had clients threaten to... Read more »
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Can A Realtor Really Sell Your Home For 28% More?

Can A Realtor Really Sell Your Home For 28% More?
There is a 3 letter answer to this question, starting with the letter N and ending with the letter W. The very fact that the National Association of Realtors claims this to be the case is an outrageous embarrassment to the entire real estate profession. I’ve actually addressed this issue a long time ago but... Read more »

Want A Copy Of A One Million Dollar Check?

Feel free to download as many copies as you want of that check. I’m sure the demand will be underwhelming. So why then is there this silly tradition amongst some listing agents and sellers to ask for a copy of the earnest money check? And some buyer’s agents even voluntarily provide it. Is it supposed... Read more »
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    Gary Lucido

    After 20 years in the corporate world and running an Internet company, Gary started Lucid Realty with his partner, Sari. The company provides full service, while discounting commissions for sellers and giving buyers rebates.

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