Value of a Broker – Real Estate Snakes, Landmines and Grass Fires – SGL002

Does a real estate broker add value to a transaction? How many people are involved in a transaction? How much is your real estate worth? We reveal the Not Obvious. There are often unusually or unexpected problems. What are the underlying main issues? You should ask revealing questions and find the true answers. Who, What, Where, When and How ?? We know what to do and we enjoy helping people. Listen to our discussion about real estate.   Here is the dialogue of this Podcast ----------------- Welcome to our podcast about Snakes, Landmines and Grass Fires. We are at the Poodle Ranch. How Does a Real Estate Agent add value to your transaction and your property. WHY? We reveal the Not Obvious. There are often unusually or unexpected problems. What are the underlying main issues? You should ask revealing questions and find the true answers. Who, What, Where, When and How ?? We know what to do and we enjoy helping people. Phone us to discuss real estate. We can make this discussion in three parts 1. Before the contract is written 2. While writing the contact 3. After the contract is signed and executed and before final closing. Depends on experience of the client. Does the client know the need to collaborate with an experienced agent? Even experienced buyers and owners know that experienced agents can all value by drawing on their vast history of transactions. This podcast will discuss past nightmares and challenges. Each transaction has different physical features, characteristics and odd actors and characters. Here is a list of 21 people that may be involved. Not all of them in each deal. Buyer Seller Buyer agent Seller agent Title company Building Inspector Bug inspector Mold inspector Environmental consultant Hydrostatic plumbing inspector Surveyor 1031 Tax Deferred Exchange 3rd Party Intermediary Commercial mortgage broker Residential mortgage broker Property manager Real Estate attorney Insurance agent Residential appraiser Commercial appraiser Residential lender Commercial lender Owner Association Each person has a different responsibility and world of experience. Importantly, each involved institution and organization, (both public and private) hire new personnel and frequently create new policies which affect a transaction. Active experienced real estate agents may have dealt with those people and institutions, thus they know what to watch for. This year I represented a seller and two buyers in 3 transactions which all dealt with that one specific lender in California which has 2 offices in Houston. The lender administrative personnel has unrealistic expectations and policies which we had to work around. We will discuss this type of lender and that transaction in another podcast episode. What happens before the contract is written? We talk on the phone and you visit the website at Houstonius.com, and you decide if we should meet. I have no planned presentation to sell you or convince you to sign a contract. We meet and you ask important questions. From that discussion, you, the client, will know and I will know that I can help you, or not. The prospective client knows … because I ask the right questions. Are we right to work together? If you are a buyer, we discuss your objectives and what you want to buy and challenges which we may encounter.