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The best atrium definition is that of a room with a roof open displaying the sky, but as with most things architecture (or even art) the atrium definition has changed with the passing of time. Originally, the atrium definition was that of an open roof to the sky in a rectangular ...
The legal right of an ownership interest in a property. It is evidence of ownership and lawful possession. ...
What Is a Real Estate Bubble? One definition for a real estate bubble is the fast increase in prices, usually driven by investors and speculators in major urban areas. Properties are usually mispriced or overvalued over long periods, and as the prices cross the sustainability th ...
Often referred to as a “second mortgage”, a home equity loan is a type of loan where the borrower disposes to the lender its equity to the home as collateral. To better understand home equity loans, let’s do a chronological rundown of the life of home ...
The escrow fee is basically how the escrow agent or manager get his/her compensation for assisting and handling both the parties and the funds involved in escrow. In real estate, the escrow fee is considered part of the Closing Costs and, because it’s in both parties best ...
A Homeowner’s Association (HOA) is an organized group of homeowners in a home subdivision, condominium, or cooperative complex. They come together and found a Homeowner’s Association in order to take actions and precautions against shared concerns regarding environmen ...
Are you worried about the constant speeding on your street and neighborhood and you wish to do something to stop it? Traffic calming is the name given to measure that seek to give an order to the traffic in a way that it balances both its frequency and its intensity- that is; me ...
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 ...
Wondering how to stop a lien on your property? Well, there is one pre-emptive measure of including in your bilateral contract that failing to comply with whatever obligations the contract lists will not produce any lien. Also, a good tip is to ask for lien waivers whenever ...
Wondering what is the difference between a condominium and an apartment? Well, differently from the difference between an apartment and a flat, this one is not so much related to word usage; they are actually two different things. Here’s the thing: whenever someone talks a ...
You’ve been invited to a housewarming party (or just invited to meet a friend’s new house) and you don’t know what to bring… well, that's why our real estate questions section exist: we cover all the way from "How to take pictures to sell your h ...
There’s really no easy and quick answer to “how much money can I borrow to buy a home?” It will all depend on the overall financial health of the area in question, the financial health of the mortgage company in question and the risk that giving a loan to you w ...
Real Estate Terms Every Home Seller HAS To Know
You’ve finally put your house on the market but every word that comes out of the real estate agent and potential buyers (or their real estate agents) seems like a foreign language to you. You just nod and try to stay in the loop reading the emotions from your real estate agent. If you took the For sale By Owner route… yikes! Even worse. You’re ...
Real Estate Agent Salary Vs Commission
From time to time we come up with forecast articles about new disruptive technologies like Self-Driving Cars, Cryptocurrencies, Blockchain and overall trends like the fact that the US Life expectancy is dropping, and the most pessimistic agents start to stock food for the long winter and predict the complete extinction of jobs and total machinery take over. Take it ...
Best Real Estate Books For Agents 2019
One question we always get from our readers that are starting to dabble with real estate is “Which are the best real estate books for agents?”.With that in mind, we decided to make a comprehensive list of books for real estate agents that are not to be missed in 2019. Not only by people that are just now joining the real estate industry, but also seasoned ...
QR Codes For Real Estate Signs
There has been a revolution going on when it comes to those traditional for sale real estate signs. Instead of the boring static old for sale real estate signs, savvy real estate agents and homeowners have been trying to improve curb appeal to lure clients to their home via modern high-tech smart “for sale” signs. And thank God for that! For sale ...
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 ...