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PAR Service
Buyers beware!

Recent arrests in Philadelphia broke up an alleged scam where “sellers” were selling homes they didn’t actually own. Read how the recently approved PAR Multicultural Strategic Plan might help change that in the future.

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PAR Service
Short sales…Long transactions

As we end 2008 and look back at this turbulent year, one of the defining terms of the year has to be “Short Sale.” Nobody is happy that many homeowners have found themselves in a position to need to sell their homes for less than their outstanding mortgage debt, but at the same time, this wave of potential transactions has created a niche market that can be well served by REALTORS® who have done their homework and know how to make a short sale happen.

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PAR Service
Was your offer presented? How do you know?

In November a suggestion was made to the NAR Professional Standards Committee that they consider establishing a policy — probably through a new Standard of Practice — requiring that listing brokers confirm in some “verifiable format” (likely in writing) that an offer from a buyer offer has, in fact, been presented to a seller.

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PAR Service
It's not really cheating if I feel good about it, right?

The Josephson Institute recently released its 2008 report called “The Ethics of American Youth.” A few tidbits from an AP article describing the report:
The survey found that 35 percent of boys and 26 percent of girls — 30 percent overall — acknowledged stealing from a store within the past year. One-fifth said they stole something from a friend; 23 percent said they stole something from a parent or other relative….

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