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That’s the name of the study a Real Estate Broker presents to home sellers when trying to turn them into clients. In it, by making a comparison with the available houses in the market - and how much they are asking for - the homeowner gets to find out what their asking pric ...
Fixed rate Mortgage is a type of loan that maintains a specified interest rate for the lifetime (or maturity) of the mortgage.According to the Federal National Mortgage Association, first-time buyers often choose to go with a fixed rate mortgage because they want low monthly paym ...
Abandonment is actually a legal term for the willing renunciation of rights to an asset or relationship. So, in the real estate industry, abandonment relates to a property that the owner voluntarily relinquished his/her rights to. But there’s a catch: the owner cannot aban ...
Short-term leases are leases that run its completion in a faster time than regular ones.In real estate, short term-leases usually refer to temporary housing; that is: rent.The length of a home lease agreement is defined by the Landlord. There are no rules as to the duration of a ...
Since a mobile home can literally be both mobile and a house, it obviously requires its own kind of insurance. A mobile home insurance policy is sort of a hybrid between auto insurance and home insurance with a few special sprinkles on. It covers the dwelling while moving and wh ...
Acre is a measure of volume used in many countries. Meaning “open field”, it is commonly used to measure tracts of land and was first defined back in the middle age as a measure to the amount of land a yoke of oxen could plow in one day.An acre can be measured in any ...
So, do real estate agents get paid hourly? – you ask. Listen, currently, it’s difficult to answer how do real estate agents get paid in the first place. There’s been a strong real estate agent salary vs. commission debate going on lately in the real estate ...
When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But the truth is that general agent is a term that can refer to two other different situations and cl ...
A very common real estate question is:Do Tiny Houses depreciate?Short answer is: yes, tiny houses do depreciate. But let’s explain the “why”s so we get to the bottom of the exceptions.Because most tiny houses are built on wheels – whether as RVs and motorh ...
Are you like “OMG! I forgot my mortgage payment! What happens now? Will I have to pay double the value I had to pay?! Are the cops coming to get my house?!” Calm down. It’s not the end of the world. Maybe nothing happens at all! Here’s the deal: some mor ...
Wondering how big is an acre?It is common to hear people say that it's almost the size of a football field without both end zones. But sometimes *almost* is not enough and you need to know exactly how big is an acre.First, you need to understand that an Acre can be measured in an ...
You saw a property you love and want to buy it, but you have no money to do that. So you ask us how do you buy a house with no money. Well, that’s a funny question… if you have no money at all, the only way you’re getting the house is by stealing it, and we do ...
Senior Citizen Housing: Accompanied Or By Yourself?
For some people, this issue is a bit taboo but, hopefully, it will happen with all of us: we’ll get to live so long that certain cares around the house will need to be taken in order to facilitate our life pace. And even if you’re a Millennial thinking “oh, I’m 50 years away from that, my friend”, you always have family and friends of ...
Tips To Raise Your Real Estate Commission
If one is to answer how much does a real estate agent really make, it will become very clear that the place where you make a difference on your earnings as a real estate agent is the real estate commission. The highest the house gets sold for, the highest the real estate commission. So, technically, to raise your real estate commission = to raise the price of the ...
Why Real Estate Agents Fail And Get Out Of Business
You know how they say you should always enter places, situations and even relationships with a backup plan and an exit strategy? Romantics say that’s not the right way to go about things, but it’s actually a way to take some tension out of the way, minimizing the fear of failing to let you focus on making everything work. If you have the worst case scenario ...
Living Near An Airport: The Good And The Bad
If you’ve been following the content production of RealEstateAgent.com you’ve probably noticed how we love to write about strange unusual real estate scenarios. We’ve already written about living near a highway, considered if living near a cemetery affects the home value and even questioned if you would live in a haunted house if the price was ...
Essential Home Items Your Place Might Be Missing
The mind is always playing tricks on us. Sometimes there are some things that are very obvious, and we come across them all of the time – they are a big part of our lives – and yet; we can’t remember them! Have you ever played Scrabble and couldn’t for the life of you think of a word, then your friend just adds an “r” or an ...
Working Couples In Real Estate
Beyonce and Jay-Z, Melinda and Bill Gates, Sonny and Cher, Lucille Ball and Desi Arnaz, Hart to Hart, even Ant-Man and the Wasp… there a lot of stories – some successful, some not so much - of husbands and wives working together out there. And in our industry, of course, is no different. If you take a look at some of the real estate agents in The ...
Things Home Sellers Should NOT Do
We’ve made several articles in the past regarding things that home sellers should do to sell their house. We gave home staging tips and tricks, advice on how to optimize your next open house and even went oriental with Feng Shui to sell your home. But we never talked about the things home sellers should NOT do when selling a home. And you know, that’s ...
Whenever we do a “best ____ for _____” type of article, we always discuss the metrics pertaining to that subject and come up with a ranking of sorts. But today, because the discussion within the subject has so many variables, we’ve decided to do it differently. To tell us about the best places to raise a family, we’ve imagined a typical ...
There’s an argument to be made that cold calls are not the most current way of getting that sweet lead generation going for you and that SMS, social media, and cold email marketing have a much higher percentage of lead generation success than cold calls, but hey… sometimes you have to try them all, right? Maybe your real estate market is more technology ...
5 Signs You Should Sell Your House
From time to time, homeowners wonder if it’s the right time to sell their house. They look to the sky and say “God, if this is the right time to sell my house… just give me a sign!” Well, we’re not God, but here are FIVE signs you should sell your house: All the neighbors are selling their homes It’s all about supply and ...
