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Wednesday, June 27, 2012
Monday, June 25, 2012
Got a call from a seller asking for our fees because they are "shopping" for the title company to do their real estate transaction title insurance and escrow closing. We were highly recommended to them for our outstanding customer service and quality of work.
We gave them our normal fees, which are very competitive and most fees are not set by me they are regulated by other parties, so there is little that will differ among title companies, but they said we were $15.00 higher than the other title company that a real estate agent wanted them to use (their in house title LLC).
and the agents were applying pressure so the buyers and sellers were afraid not to use that title comany.
So for a few bucks, less than $50, they go with the other company.
The worst part is when I get the phone calls from them and they question procedures about the transaction from the other title company that is doing the closing.
They tell me we have always been so helpful so could I help them - they have questions about the closing.
Really?
I very politely tell them I can not answer their questions since I am not doing the closing and advise them to call the title company involved. "They're not very helpful or won't return my calls" they say!
There is a difference - it's more than a couple of bucks.
Taking care of buyers and sellers so that they know they matter to us is what we do and no one does it better.
Selling and buying real estate involves a lot of money. Commissions, seller credits, can run into the thousands. The title and escrow company is the watch dog of everything, bringing it all together, insuring the title and handling all the funds.
It doesn't get much more important than that.
Sometimes I just want to tell them ... but .... sometimes, I'll admitt I just want to scream " DON"T DO IT... YOU ARE MAKING A MISTAKE !"
I don't.
We gave them our normal fees, which are very competitive and most fees are not set by me they are regulated by other parties, so there is little that will differ among title companies, but they said we were $15.00 higher than the other title company that a real estate agent wanted them to use (their in house title LLC).
and the agents were applying pressure so the buyers and sellers were afraid not to use that title comany.
So for a few bucks, less than $50, they go with the other company.
The worst part is when I get the phone calls from them and they question procedures about the transaction from the other title company that is doing the closing.
They tell me we have always been so helpful so could I help them - they have questions about the closing.
Really?
I very politely tell them I can not answer their questions since I am not doing the closing and advise them to call the title company involved. "They're not very helpful or won't return my calls" they say!
There is a difference - it's more than a couple of bucks.
Taking care of buyers and sellers so that they know they matter to us is what we do and no one does it better.
Selling and buying real estate involves a lot of money. Commissions, seller credits, can run into the thousands. The title and escrow company is the watch dog of everything, bringing it all together, insuring the title and handling all the funds.
It doesn't get much more important than that.
Sometimes I just want to tell them ... but .... sometimes, I'll admitt I just want to scream " DON"T DO IT... YOU ARE MAKING A MISTAKE !"
I don't.
Tuesday, June 19, 2012
Real Estate Actuality: Happy Days
Real Estate Actuality: Happy Days: Hear Ye Hear Ye ....... For the first time in 4 years, I can say it LOUD and CLEAR The Real Estate Market is Improving! I he...
Happy Days
Hear Ye Hear Ye .......
For the first time in 4 years, I can say it LOUD and CLEAR
The Real Estate Market is Improving!I hear it from buyers, I hear it from sellers
I see it every day
I'm just sayin'
Done a lot of prayin'
Thank God - for the good of all of us,
The Real Estate Market is Improving!
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