Adam's Blog

Real Estate Agent - Associate Broker
Adam's thought for today: What a Seller, (or REO/SS), didn't accept yesterday doesn't mean they won't accept it tomorrow.....just like what a buyer says he wouldn't pay today doesn't mean he won't pay that much tomorrow!  
      You can’t turn on the news today without hearing a new report about all the doom and gloom. Housing starts are down, foreclosures are up, prices are falling and the buyers have all retreated into their dens to hibernate for the winter. So there’s no point in even thinking about selling, rig...
For a long time it was a "seller's market" - now we're mired in a "buyer's market" -However, we very rarely hear anyone talk about a "balanced market" Before we get to that, let's remember what "Fair Market Value" is. FMV is defined as what a ready, willing and able buyer and ready, willing and a...
WASHINGTON (August 7, 2008) –       The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in June, rose 5.3 percent to 89.0 from a downwardly revised reading of 84.5 in May.       Lawrence Yun, NAR chief economist, said sales have been in a pattern of rising and fal...
The Housing Crisis is Over? by Cyril Moulle-Bertaux with Traxis Partners LP is a GREAT story in today's WSJ. I see a number of signs in my own area as well that we are at,  or close to, the bottom. Obviously we will not know for sure until late this winter or early spring 2009, however I predict ...
It's easy to be a Realtor, all you need is to know your goals, a plan to achieve your goals, be accountable, need a laptop, a blackberry, a daytimer, a prospecting program, an email program, tracking software, a website, (or 2 or 3), a digital camera, GPS mapping, keyboxes, a lockbox k...
HIGHLAND, MD Demographic Information * Population:3,074 White Population:2,784 Black Population:92 Hispanic Population:43 Asian Population:139 Hawaiian Population:1 Indian Population:8 Other Population:10 Male Population:1,530 Female Population:1,544 Avg House Value:$338,300.00 Avg Household Inco...
If we want to truly move our industry ahead we need to address the commission structure and "sharing" thereof.Presently we use the MLS and, even though the Buyer is "technically" paying us, (read your Buyer Broker agreement - that is what it says!  - however, as a courtesy, and due to tradition, ...
Should I buy? Prices are down. Interest rates are down. There's plenty of product to pick from. Seller's are willing to negotiate. Is there ANY reason not to buy right now?!Your primary home is just that - PRIMARILY a place to raise your family, break bread with your friends and loved ones, prov...

Adam Rich

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