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Tech Tips in Anne Arundel County : Real Estate Advice

  • All28
  • Local Info3
  • Home Buying8
  • Home Selling1
  • Market Conditions0

Activity 2
Thu Mar 11, 2010
Coldwell Banker Loepker answered:
Jim,
If you log onto our website: www.championrealty.com, you will be able to set up your own search items and see everything currently available on the multi-list service. Each listing will tell you whether it is a potential short sale or foreclosure. HUD foreclosures do not always show up for some reason, so go to: www.hudhomesource.com. When I checked that site a few days ago there were 6 properties in Anne Arundel County. If you have any questions, don't hesitate to call. My number is also on the Champion Realty website. Thanks, Sandy Loepker ... more
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Wed Nov 18, 2009
Debbie Francis answered:
Hi Alla,

I see that a lot of the folks assume that you are military. If so, a lot of military or former military folks work through USAA. USAA works through a relocation network which may have only one or two members in each location. If you complete a transaction using one of their recommended agents, then you will receive a bonus. When I did this several years ago, the bonus amount was $500. If you are a government employee, I believe they have something similar. That said, I did use a USAA recommended agent to sell my house and to buy another one in different city. The selling agent was terrible and I had to fire her, but the buying agent was the best agent I had ever worked with. The problem with the system is that the agent pays your bonus and a referral fee out of his or her commission. This may make many agents hesitant to handle these transactions.

There are also relocation networks where firms refer clients to a firm in another location. The major franchise national real estate firms like Prudential, Century 21 have their own networks. The large local real estate firms are part of another network. They will pay referral fees to one another.

Now a real estate company may designate specific agents in each office to handle relocations. These agents may have special training in handling these folks or they may just have experience in the industry.

Hope this helps a little.

Debbie Francis, GRI, ePRO, GREEN
Prudential Lifestyle Realty
Asheville, NC 28801
... more
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