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By Bill Petrey, Realtor
If you feel you’ve been wronged by your real estate agent, and want to file a complaint against your agent, there are two ways to do it. In Texas, you can file with either the Texas Real Estate Commission (TREC), or the Texas Association of Realtors, or both.
Filing a Complaint with the Texas . . . → Read More: How To File A Complaint Against A Texas Realtor Or Real Estate Agent
By Bill Petrey, Realtor
Thinking that a foreclosure is the end of the rainbow for your stressed financial situation? Wrong, it’s only the beginning. You have lots of hurdles to face once the foreclosure occurs and you no longer own the house. It’s not as easy a fix as you may think.
Original Article: >>> . . . → Read More: Problems Don’t End After The Foreclosure, They Begin
By Bill Petrey, Realtor
As there are some golden rules of property investing, there are also types of investment properties best avoided. While I disagree about short-term selling as a bad strategy, I do agree that it’s an extremely risky strategy and a hard strategy to be successful with for the novice investor. Short-term selling should be left . . . → Read More: Tips To Avoid Making Bad Real Estate Investments In Today’s Market
By Bill Petrey, Realtor
The expected drop in future home prices over the next few months could depend less on mortgage rates and buying trends than on how banks manage their OREO (other real estate owned) portfolios, know as REO by investors. The huge number of foreclosed homes being reclaimed by banks, is starting to occupy a large . . . → Read More: How Banks Deal With Foreclosures Will Determine The Real Estate Market’s Future
By Bill Petrey, Realtor
The turbulent residential real estate market of the last three years has proven too much for a large number of real estate agents. The lack of home sales has weeded out lots of real estate agents who saw the industry as a part-time job, a hobby or thought it was an easy way . . . → Read More: 30% Of Memphis’ Realtors Are Forced To Quit The Real Estate Industry
By Bill Petrey, Realtor
Times are tough for real estate agents right now. Here are a few ways to tell if your career in real estate may be in the dumps.
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By Bill Petrey, Realtor
If our government wants to improve the housing market, the last thing they can afford to do is spend months debating it. Homebuyers that may qualify for a future tax credit, are going to postpone their home-buying plans until the Administration decides whether or not to proceed with yet another homebuyer tax credit. If . . . → Read More: Homebuyer Tax Credit Or Not – Can The Housing Industry Survive The Debate?
By Bill Petrey, Realtor
According to Texas A&M’s RECON newsletter, the Federal Housing Administration (FHA) is going to increase monthly insurance premiums starting with mortgage transactions created after October 4, so lock in your lower monthly insurance premium on FHA loans before the rates go up. After October 4th, we can expect to see monthly insurance premiums on . . . → Read More: FHA Insurance Premiums Going Up Over 63%
By Bill Petrey, Realtor
Source Realtor.com
Working in real estate has its share of dangers. Real estate agents need to keep personal safety in mind when working with the public since almost everyone agents come in contact with is a complete stranger. Worst of all, you’re all alone with this person, in unoccupied houses, in your car . . . → Read More: Real Estate At It’s Most Dangerous
By Bill Petrey, Realtor
A career in real estate can be as flexible or as demanding as you wish. You can also do it in your spare time if you’re looking for a flexible second job. While that may work well for the agent, it doesn’t bode well for the unfortunate homeowner that is paying full price for a part-time service. Part-time agents don’t perform as well as agents that devote their entire careers towards real estate. They simply don’t have the time to devote to selling your house like a full-time agent would. So, when you interview your next real estate agent, make sure that this agent does real estate full-time. If you don’t, your house may sit on the market for a long time.
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By Bill Petrey, Realtor
Many thanks to Mary Umberger for a great article.
This article gives a little background on what we’re trying to accomplish with Really Rotten Realty and AgentHarvest’s blogs. Plus, it’s a fun read and well written.
http://www.inman.com/news/2010/08/16/meet-maker-really-rotten-realty?utm_source=Twttrfd&utm_medium=Twttr&utm_campaign=Feed%3A+inmannews+%28Inman+News+-+Headlines%29
By Bill Petrey, Realtor

Shortly after launching our Really Rotten Realty website last month, we were reminded of the difference between Realtors and real estate agents. That reminder came in the form of a friendly request from the National Association of Realtors’ legal department about the correct use of their trademark. Without thinking, we interchanged the word Realtor for real estate agent in a couple of sentences scattered throughout our site that described AgentHarvest’s real estate agent finder services. Even though the term Realtor was used positively to describe quality agents, it’s still a trademark violation nonetheless. It was an oversight on my part that was promptly corrected and I want to thank The National Association of Realtors for bringing that oversight to my attention in the kind manner in which it was relayed. The Trademark Administrator for NAR, Mary Newill also provided me with lots of information regarding the correct usage of the word Realtor. Apparently she said that this misuse is quite common, even for Realtors. Case in point since I misused the term and I’m also a Realtor. Seeing as this is such a common problem, I decided to share the information she relayed to me.
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By Bill Petrey, Realtor
Does the Realtor’s Code of Ethics and the Texas Real Estate Commission’s Canons of Professional Ethics and Conduct Conflict with a Realtor’s Fiduciary Duties to their Buyer Clients? This discussion focuses on an agent’s participation in a buyer client’s potentially discriminatory request, and how strictly observing the Code of Ethics and TREC Canons may conflict with an agent’s fiduciary duties to that buyer client. None of this discussion pertains to the selling client, which I consider to be a different situation entirely.
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By Bill Petrey, Realtor
The biggest mistake buyers and sellers make when hiring a Realtor is that they do not do their homework before hiring a real estate agent. They end up with a house that sits on the market longer, sells for a lower price, and the time spent dealing with that agent is a nightmare. AgentHarvest helps minimize the chance of these things happening by finding agents in your area that are currently selling houses like yours, in your neighborhood, for you to interview. We don’t make you sign contracts and you are not obligated to use any of the agents we connect you with. So basically AgentHarvest is a free service requiring no obligations on your part.
Here’s what our customers have to say about our agent finder services.
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