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About Michael Severin
Welcome to MikeSeverin.com! Thank you for starting your real estate search with me...I appreciate the opportunity to earn your business. This website is a wealth of information for buyers, sellers and investors alike.
BUYERS can search for properties, read helpful community descriptions organized by city, or fill out a quickform to set up handy auto emails of desired properties. Buyers will also find informational summaries about the entire home buying process, giving them a birdseye view of what is involved. For sellers I provide tips and data to help you get your home ready for the market and a successful sale.
RE/MAX Results
Michael Severin
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Real Estate Advice
Agent Advice
Word Of Mouth: The Best Advertising Tool A Realtor Can Use
As a real estate agent, there are a lot of ways to get your name out there. From business cards to billboards and advertisements on search engines, there’s no shortage of marketing tools that you can and should use to your advantage as a real estate professional. Each of these tools can be useful in its own rite, but there’s one tool that you’re ...
Agent Advice
How Much Do Real Estate Agents Spend On Marketing?
If you’re just starting out in the real estate business, you might currently be a bit overwhelmed by everything at your disposal in your new role. There’s so much you need to learn, so many new techniques you can use, and so many new people to meet. The world of real estate is more akin to an ocean than anything else, with all the depth and variety ...
Agent Advice
How To Retain Your Real Estate Clients Effectively?
The professional practice of the real estate business as a genuine magician is like being in a relationship. In the beginning, you may be lucky and dazzle your soulmate with your looks and expertise. As a result, you get to close the deal. Then, it’s official: you’re together. But for how long? An excellent suitor and skilled ‘hunter’ can conquer ...
Home Seller Tips
Risks And Rewards Of Selling Your Home Without A Realtor
From the perspective of a home buyer, the position of a real estate agent can seem unjustified in its existence. Why in the world would you pay someone 6% commission on the total sale price of your home, just so that they can set up a couple signs in the yard and do some paperwork? On the face of it, it seems utterly preposterous; why not just sell your home without a ...
Agent Advice
The Do’s And Don’ts Of The Real Estate Code Of Ethics
In the real estate business, it’s no secret that flexible morals have had a presence in the field since the very beginning. Whether it’s real estate agents that conceal vital information to make the deal go through or real estate developers cutting corners on multi-million dollar housing projects, this business has a reputation for being less-than-reputable. ...
Real Estate Glossary Terms
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Appraisal Approach
The appraisal approach is used to estimate the value of an asset, based on various factors to reach the closest educated guess of the asset. While an appraisal approach does consider the asset’s cost, any income it may generate as well as the asset’s fair market value, it is, as mentione ...
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Component Depreciation
An accounting methodology for separately depreciating individual parts or elements of a building or improvement qualifying as business use or a depreciable asset under the IRS tax code. ...
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Fee Ownership
Largest form of owner ship giving the owner complete control including the development off an inheritable estate. ...
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Holding Cost Of A House
The initial cost of a home plus any expense for final settlement that are not tax deductible plus capital improvements. ...
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Sub-Prime Lender
A lender who specializes in lending to sub-prime borrowers. ...
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Millennials
Millennials – also known as Generation Y, because they come after the so-called Generation X - is a term coined for a generational extract of people born at the end of the first Millennial (after Christ). Different from the Baby Boomer generation, that is visibly limited by the end ...