March 2011 
There are 2 blog entries for March 2011.
MLS Multiple Listing Service
Friday, March 25th, 2011 at 10:32am. 709 Views, 0 Comments.
M·L·S | acronym | Multiple Listing Service
A multiple listing service or "multi-list" is a private forum in which participating member brokers and REALTORS® share information about real estate they have available for sale or lease. In years past the MLS was a literally a book that held paper listing tickets detailing area listings of "Cooperating Brokers". Today the MLS has evolved into a network of sophisticated computer databases offering both private (members only) and "public" access.
By listing properties in this forum agents are able to market them directly to a very large and focused audience: the thousands of area agents who represent actively shopping buyers.
As a listing agent the primary objective is, and always should be,…
Functional Obsolescence
Tuesday, March 15th, 2011 at 8:57am. 433 Views, 0 Comments.
ob·so·les·cence | noun | a loss in the utility or value of property that results over time from intrinsic limitations (as outmoded facilities) or external circumstances.
func·tion·al ob·so·les·cence
:: obsolescence deriving from lack of adequate or appropriate equipment, space, or design.
Real Estate Examples:
- Homes with 3 bedrooms and only one bath were popular in the 50s and 60s, but are now considered functionally obsolete because most buyers want a minimum of two bathrooms.
- Homes with detached, 1 or 1.5 car garages are functionally obsolete; homeowners don’t want to walk that far (especially in the snow and rain) and most have a second vehicle or “Stuff” for which they need storage.
- Think about how things have…