Frank Dolski - Coldwell Banker Hearthside

Frank Dolski Blog

Why Are Home Sales Declining?

Posted by Frank Dolski, Associate Broker on June 01, 2018 in  Buyers  Interest Rates  Millennials  New Construction  Sellers
The National Association of Realtors reported last week that US existing home sales dropped more than expected in April, falling 2.5% to a seasonally adjusted annual rate of 5.46MM units. Down 1.4% nationally since April 2017, the existing homes sales account for about 90% of sales and declined the most in the Northeast region by 4.4%.   Obviously, this trend varies market-to-market, but as a national trend, this is alarming to real estate professionals. So, what factors could be contributing to this st... read more
| 7

Protecting Data from Cybercriminals

Posted by Frank Dolski, Associate Broker on April 09, 2018 in  Agents  Buyers  Sellers
In the age of technology, it’s becoming increasingly difficult to keep confidential information secure when the Internet is involved.  Look at the recent data breaches at Facebook (with at least 87 million users affected,) Equifax (143 million) and Under Armour’s MyFitnessPal app (150 million) and you’ll see the alarming trend of people entrusting their personal information to corporations, which failed to protect them.  In decades past, real estate transactions were executed with pen... read more
| 5

Zillow's Accuracy vs. Agent Experience

Posted by Frank Dolski, Associate Broker on March 27, 2018 in  AVMs  Buyers  Sellers
I hear it all the time from friends, family and acquaintances: “Real estate is my hobby.  I’m always looking at Zillow to see how my house compares to my neighbors’.”  If they are looking at the Zestimates purely for entertainment or to look at photos of a potential home to purchase, I see it as a valuable marketing tool.  But, when a potential Buyer or Seller insists that they won’t budge from the AVM (Automated Valuation Model) generated by Zillow, it can break a de... read more
| 8

Preparing to Finance a Home

Posted by Frank Dolski, Associate Broker on March 12, 2018 in  Buyers  Financing
If you are in the market for a new home, but don’t have the cash to buy it outright, are you prepared for financing it?  You may currently have a mortgage, credit cards, student or auto loans, but how can you be sure that you are getting the best lending rates available to you when it’s time to buy a new home? Determine Your Budget.  Save at least 3 months of receipts and bills to add up all of your monthly expenses.  In addition to your car payment and utilities, you’ll en... read more
| 11

Top Reasons to Use a Buyer's Agent for New Construction

Posted by Frank Dolski, Associate Broker on February 01, 2018 in  Buyers  New Construction
Most homeowners are familiar with hiring a real estate agent to buy an existing home, but they often go through the process of buying a new construction home from a builder without agent representation.  After all, the builder's selling agent will be able to walk them through the process and help them every step of the way, right?  Wrong.  What people tend to forget is that the builder's selling agent represents the builder's interests and is focused on making the sale happen.  The Pennsylvani... read more
| 11