My House Is The Same As My Neighbor’s!
March 04, 2019
THE BACKDROP Undoubtedly, one of the most important tasks a listing agent performs is the determination of the “probable selling price” of their seller’s home. Sellers mean well and I appreciate the fact many have done their homework and have somewhat of an idea as to what the listing price should be for their home. In fact, I will often ask the se...
Chuck PetersonCommercial Pre-Selling and Leasing at 150 Wellesley Trade Lane is Now Available
January 29, 2019
Beacon Properties Group and Pickett Sprouse Commercial Real Estate Announce the Official Start of Construction on Mixed-Use Building to Serve Rapidly Growing Western CaryCary, NC, January 29, 2019 – Beacon Properties Group and Pickett Sprouse Commercial Real Estate are pleased to announce that construction on a mixed-use building that will serve r...
Robyn MooringBert Woodall Among Honorees Recognized at 98th Annual Awards Luncheon
January 25, 2019
West & Woodall Real Estate’s Bert Woodall Honored with Durham Regional Association of Realtors® Citizenship Award Woodall Among Honorees Recognized at 98th Annual Awards Luncheon Durham, NC, January 25, 2019 – West & Woodall Real Estate's Co-Owner, Broker and Realtor® Bert Woodall was among this year’s honorees recognized during the Du...
Robyn MooringExplain The Offer To Purchase!
September 25, 2018
THE OTP The “Offer To Purchase And Contract” (Standard Form 2-T, aka OTP, dated 7/2018) is 13 pages long and updates tend to happen on an annual basis. Old timers in the real estate industry remember when the contract was 1 page! So let’s take a look at some of the “finer” points of the contract. I say “finer” points because I am not going to discu...
Chuck PetersonWhy Hasn’t My Home Sold?
September 16, 2018
Thank goodness it’s extremely rare for us to get this question as practically every home we list, sells.And on those rare occasions when we do get this question, it’s because the seller cannot afford to sell their home at market value and the seller knew this before we listed the home as we had set the expectations up front. Then why did we take th...
Chuck PetersonC’MON, BIG MONEY!
December 19, 2016
You’d think you’d hear the above mantra at a casino craps table rather than at a listing meeting prior to marketing a seller’s home. “C’mon Big Money, Big Money, let’s go, $220,000! (dice fly in the air)”. Well I’ve got some news for you, listing at that price when the probable selling price is $40,000 less, is, more or less, gambling. And you’re g...
Chuck PetersonAnother Multiple Offer Situation!
December 15, 2016
WERE THERE REALLY MULTIPLE OFFERS? Mr. and Mrs. Buyer have looked at about a dozen homes over several months and finally settled on one that had been on the market for a while and has had two price reductions. The property met their needs well: plenty of acreage, a decent kitchen, a basement, one floor living, and a wood-burning fireplace. They wer...
Chuck PetersonWhy Do Agents Always Want Me To Sign Something?
December 15, 2016
This blog is more directed towards buyers as opposed to sellers. After all, sellers must sign a listing agreement with a firm before their home is put on the market. Buyers Visiting Homes Buyers on the other hand, start their home search, probably online, and then venture out to view homes of interest in-person. Inevitably, the buyer will need to c...
Chuck Peterson