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Conference 7.286::digital

Title:The Digital way of working
Moderator:QUARK::LIONELON
Created:Fri Feb 14 1986
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:5321
Total number of notes:139771

897.0. "relocation, broker selection" by RAINBO::YEE () Tue Aug 22 1989 14:40

    I'm going thru a relocation now from Mass to California and like some
    advice on selecting brokers from the Home Purchasing Program.
    
    Four brokers are given to me by Homequity of Connecticut and I need to
    select two and one alternate:
    
    	- Paul Taylor Assoc in Milford, MA
    	- Malcolm Buchann in Westboro, MA
    	- Don Frigoltto in Leominister
    	- Ross Cook in Lexington
    
    I live in a 1BR condo in Westboro.  My questions are:
    
    	1. does it matter if the broker is in my town or near my town to
    	   get a high appraisal?
    
    	2. anyone know anything about these 4 people?
    
    	3. any advice on the whole program itself?
    
    thanks in advance.  Jane
    
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897.1Expect LessMSCSSE::LENNARDTue Aug 22 1989 15:1318
    I don't think it makes much difference.  They all follow the same
    cookbook, and if you got a really high appraisal out of one of them,
    it would be thrown out anyhow.  I've been through several relocations,
    and here's what I would predict.
    
         - Expect to get less than what you think it is worth.
    
         - The market is not all that good.
    
         - The condo market really stinks.
    
         - Real estate appraisors have been under heavy industry pressure
    for the past couple years to err on the side of the company that hired
    them.  There were a lot of abuses in the system.
    
         - No amount of appealing seems to help.
    
    Remember, you don't have to pay any fees, so that really helps.
897.2Please check the related topics and other conferencesDR::BLINNThe best mechanics are self-taughtTue Aug 22 1989 19:2915
        Jane, there are already several topics in this conference on
        relocation.  Please look for and read them.  Since your question
        is mostly about how your personal relocation impacts you, it
        is not really an appropriate topic for this conference.  You
        might also find information on the questions you ask in two
        other conferences:  TALLIS::REAL_ESTATE and LYCEUM::CONSUMER.
        
        People wishing to share information on the specific businesses
        mentioned in the topic note are welcome to do so via MAIL to
        the author.
        
        Thanks!
        
        Tom
        co-moderator