FRANKLY Real Estate Blog

   I just got a bank owned / REO property under contract. Was previously $800k, and it was now listed for $400k. We had to bid on 6 properties before finally "winning" one (ask how we "won" without having the highest offer too!). Wow was that a pain. And people say it is a "buyers market" with to...

Repost: I finally got to meet Missy Caulk at INMAN connect and she was telling me about her favorite post of mine. Somehow it got lost by ActiveRain, but I was able to resurrect it! Here it goes... (feel free to REBLOG this one, this is really something that should be spread around) Only 5% of Re...

(Warning long a** post, but my best of the year.) FranklyCRA: A Comparative REALTOR Analysis. Unleashed. Imagine legally eavesdropping onto the conversation of the listing agent, with buyer in tow. You know, the one that goes like this, "Well, in my experience I think you should..." Well what if...

Attn. NVAR members, Want to bring NVAR into the 2000s?! I need your help! This is Frank LLosa, the Northern Virginia Agents Facebook Group Moderator. So I recently rejected by the NVAR's nomination committee for the 3rd year in a row! Don't worry, 3 other people were rejected... out of 15! Blog p...

Just an update on the First Wiki MLS, FranklyMLS.com (launch post) . First, because of the innovative site, I was invited to speak at INMAN in San Francisco next week for the Future of the MLS panel. I hope you will join me if you are out there. Secondly, today we hit a new milestone for the site...

So a few of you might know that I lost in my race to get onto the Northern Virginia Association of Realtors Board of Directors last year. Lost by 200 votes (out of 1200). Anyhow, this year I am trying again. Step 1 is to go in front of a nomination committee. A short cut, if you will, to the ball...

The MRIS has a rule. A listing agent is not allowed to put their contact information in the public remarks. I have reported via compliance@mris.net over 200 violations in the last 2 years. I have begged them to do a minimal amount of scrubbing to block this in the first place. They current block ...

In case you missed it, MSNBC's front page linked to their RedTape blog which ran a little piece on bogus Admin fees. My 2007 admin fee post fueled part of the article. So far there are 515 comments.  I hate admin fees. Never charged them, never will. (kinda like Sprint) Just a couple of correctio...

In a long list of "1sts", FranklyMLS.com is now the 1st Virginia/DC/MD MLS search engine that scrubs for Short Sales! (maybe the 1st in the nation). Also see my quote today in the Wash Post, and my other articles defining Short Sales. On the FranklyMLS.com spreadsheet results page, try a search f...

My bestfriend is buying a place in another state and he wants my help. All went perfectly when I found him a listing agent in Chicago. He was Eugene Fu,  subsequently featured in NAR's Top 30 Under 30 (alongside ActiveRain's Jonathan Washburn). I made sure he staged it, took 30 wide angle photos...