Ways to Make Your Home Stand Out in the Fall How to sell a home in the fall is often one of the questions I get as a real estate agent, usually toward the end of the summer. Most of the time, sellers want to know what to expect. What will the real estate market […]
Real Estate Transfer Taxes in Massachusetts: How Tax Stamps Work
Massachusetts tax stamps are essential when selling a home in the state. These stamps, also known as real estate tax stamps, are calculated based on the property’s sale price. In Massachusetts, the rate is $4.56 per $1000 of the sale price, except in Barnstable County, which is $5.70 per $1000. Along with tax stamps, other […]
What is a Seller Assist: What Buyers and Sellers Should Know
A seller assist, also known as a seller concession or seller credit, is a feature of loan programs that allows the seller to help the buyer by covering a portion or the entire closing costs. This option is desirable for buyers with limited cash and sellers facing challenges selling their properties. It’s essential to note […]
Transaction Coordinating: What A Real Estate Sales Coordinator Does
Are you wondering what’s involved with coordinating a transaction in real estate sales? A transaction coordinator, or TC for short in real estate, is responsible for managing contracts and coordinating properties’ buying and selling process. Their role includes handling documentation, scheduling repairs and inspections, ensuring approval of offers, and timely submission of necessary paperwork. Hiring […]
How Much Does a Realtor Make
How much does a Real Estate agent make? It’s a question that gets asked a lot. Not only do potential agents thinking about entering the industry ask it, but also consumers. There is no secret that real estate is a highly lucrative industry. However, many people don’t realize that the upper echelon of Realtors is […]
Can You Buy a House That is Active Under Contract?
Do you know what active under contract means? When looking to buy a home, you’re likely to encounter many terms and listing statuses you don’t know. Understanding ‘active under contract’ in real estate is crucial for buyers navigating the market. Real estate agents label a house as ‘active under contract’ when they have accepted an […]
The Comprehensive Guide to Subagency and Sub-agents in Real Estate
Understanding sub-agents in real estate is crucial for buyers and sellers alike. A sub-agent is a real estate agent representing the seller’s interests alongside the listing agent. They help with tasks such as marketing the property and facilitating negotiations. However, it’s essential to note that sub-agents primarily focus on the seller’s needs, which can pose […]
What is Designated Agency: Designated Agents Explained
Designated agency in real estate is an important concept affecting buyers and sellers. It involves assigning specific agents to represent the interests of individual clients in a transaction. The scenario occurs when two agents from the same real estate brokerage represent buyers and sellers. The practice can also be called “appointed agency.” In this situation, […]
How to Take a Power of Attorney Away From Someone: What You Need to Know
Are you wondering who can override and revoke a power of attorney? A power of attorney, or POA for short, can be overridden in certain situations. Reasons for overriding include a power of attorney being invalid or outdated, abuse or misuse of authority by the agent or attorney in fact, or the principal’s lack of […]
Bedroom in a Basement Requirements Including an Egress Window
Understanding basement bedrooms is crucial to meet the requirements. These guidelines ensure compliance with local building codes and standards for safety and legality. Each aspect is vital in creating functional basement bedrooms, from egress requirements to size and height specifications. We will examine common questions, debunk misconceptions, and offer expert advice for safe and compliant […]