Tag Archives: Agent

You Need To Hire A Real Estate Agent That Is Not Afraid To Negotiate When You Are Buying A Home

May 07, 2025   Matt

You Need To Hire A Real Estate Agent That Is Not Afraid To Negotiate When You Are Buying A Home

Buying a new home or other type of real estate for the first time can be scary, but it doesn’t have to be. Pour over this information, including the many tips, to help you understand the process and what to watch out for when making your real estate purchase, and you’ll be a pro in no time.

When buying a house, the best time to do that is when houses are selling at a low cost. Now would be an excellent time to buy, as houses are at a record low price. Home ownership is still something that makes complete sense for many people, and knowing when to buy is one of the most important things.

Beware of homes that are priced at a premium because of fancy landscaping. Fancy landscaping does not have good resale value, which means you will not recover the premium that you paid for when it comes time for you to resell. Instead, opt for a lower-priced home with moderate landscaping which you can always upgrade at a fraction of the premium price.

Your real estate agent is almost certainly concerned with making you happy, but they are also concerned with making as much possible on commission given the state of the housing market. Look online and do your own research, and if you find a house that meets your qualifications at the low end of your budget that the agent doesn’t present to you, then you know they aren’t looking out for your best interest.

Buying real estate to own it outright isn’t always a great deal, so you should check for rent-to-own properties where you can find them. Rent-to-own also means that you’re probably dealing with a legitimate homeowner and not someone looking to flip a profit, so you can come away saving big money.

Even if you and the seller agree on a price, there could be an issue with the price once an appraisal is done. Depending on the market, short sales and foreclosures can drastically bring down the price of a property if no other comparable sales have taken place. A mortgage company will not loan you the money for an amount that is lower then the appraisal, so something will have to be done to make adjustments.

If you are a commissioned employee or your potential job’s income will be based a lot on a bonus, you should wait to change jobs until after you purchase your home. The reason for this is that for these types of jobs the lender can not accurately calculate out your income, and since they can not do that, they will not be able to approve a mortgage.

If you need first months rent, last months rent and a deposit, in order to rent a property, ask the landlord about possibly paying the last months rent over time. By adding a couple hundred dollars to each month’s payment, you can get that new place, without having to have all of the money up front.

Now that you know how the process works, you can methodically and carefully plan your first real estate purchase. Whether you hurriedly go house hunting this weekend, look for apartment buildings to manage or scout for retail-business buildings, your newly found confidence will help you to make the right purchasing decisions.

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How To Sell A Residence Without An Agent

January 23, 2025   Matt

How To Sell A Residence Without An Agent

With a robust real estate market, selling a residence isn’t particularly difficult. Here’s a primer on how to sell your own house.

How To Sell A Residence Without An Agent

First and foremost, you need to educate yourself on how real estate transactions happen. There are online guides and plenty of books on the subject at your local bookstore. When you decided to sell your own house, you are considered a FSBO seller [for sale by owner]. This FSBO market is growing like mad, which means you can find form contracts and agreements ready made for your particular state.

A second thing to realize is real estate laws are generally governed by states, not the federal government. This means the particulars of real estate transactions in your state may be different from those in another state. You should look for references related to your state, not nationwide advice. Nonetheless, here are a few universal pointers.

1. Determine the price of comparable homes in your neighborhood. This is going to give you a very good idea of what you can ask for your house when you put it on the market.

2. Objectively look at your home and make a list of things that need to be fixed. Selling a house often comes down to the details. Buyers are making a big investment, so they are going to be very picky about little things.

3. List your house online with photographs.

4. Post flyers or ads in your local property listings magazines.

5. Put a sign on your lawn indicating you are selling.

6. On the sign post, put a box with flyers describing your home and the asking price.

7. Hold open houses for buyers to view your house.

8. Clean your house before all open houses. Add fragrant flowers to rooms, mow the lawn and so on.

9. Get rid of your junk through a garage sale and the trash. This includes cleaning out the garage and basement. Everything should be pristine.

10. Create a documented record of all the improvements you’ve made to the home to show potential buyers.

11. Become conversant in the offer, counteroffer process.

12. Develop a clear understanding of what happens during closing and make sure you’ll be able to take care of your part.

13. Figure out what you plan to do when you sell the house, to wit, are you going to buy another house and when will you move?

While these guidelines will take you a long way, it is important you understand the specific laws of your state. Once you have those down, the process typically goes fairly smoothly. Considering you’ll save thousands or tens of thousands of dollars in real estate commissions, any bumps in the road will be more than worth it.

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You Should Listen To The Advice Of Your Real Estate Agent When Selling Your Home (2)

August 22, 2023   Matt

You Should Listen To The Advice Of Your Real Estate Agent When Selling Your Home

There are so many things that you need to keep in mind when you are trying to sell your home. From the price to the decor, everything about your home matters. While it may seem like a lot it can be simple if you follow a few rules.

If your front or back yard has too many trees, you may want to think about chopping them down before putting your home on the market. Many people are not interested in purchasing a home that has too many trees around it, while other people may simply be allergic to the trees.

In your home, upgrade your old kitchen and bathrooms. Bathrooms and kitchens are often the major selling points of a home. Generally, a bathroom that has been modernized can provide over a 100% return, where a kitchen that has been modernized can provide a 90% return on your home.

When it comes to selling or a buying a home, no question is stupid to ask a real estate agent. By not asking questions, you could end up losing out on your dream home or selling your home under conditions you do not agree with. Remember, a real estate agent is paid to please you!

Adding a shop to your home or property will really drive up it’s value. Whether you section off a portion of the garage and add workbenches, outlets and shelving, or build a second outbuilding that is designed especially for housing tools and equipment, you will appeal to a wider selection of buyers who like to do work on their own machines, or their own home repairs and need a space to do the work.

Find an agent that knows how to market and how to advertise your house in the most productive way. A good real estate agent can make a huge difference in the price you get, and how long the home is sitting on the market. Get referrals from friends and neighbors, and make sure you ask for references.

When selling real estate, you should always hire a professional cleaning service to come in and do a detailed cleaning. When buyers walk in, they will be impressed at how things look and are more likely to not be as concerned about how the mechanical systems function, since they can see that the home is spotless and well maintained.

When you have made the decision to sell your house, you need to emotionally detach yourself. Many people become attached to their homes. This is the place where they raised their children and memories were made. If you can not separate your emotions, you will have a hard time selling your house for a reasonable price.

When selling a home, it is important to make the space feel as open and clean as possible. Take extra pieces of furniture and personal belongings that you don’t need on a daily basis to storage and re-arrange what is left to make the home feel open.

Do not allow yourself to get too discouraged if your home does not sell right away. Sometimes it is as simple as going back to the drawing board and making a few minor adjustments. After taking the correct steps, you can have your house sold before you know it.

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