Are you wondering how property lines work? Maybe you are trying to determine precisely where your property lines are located. You’re not alone if you nod yes to these questions. Understanding how to find property lines is vital, especially after buying a home. Lots of folks try to research how to find their lot lines. […]
What is The Difference Between Contingent and Pending?
One of the questions I often field as a real estate agent from buyers and sellers is the difference between a pending home sale and a contingent home sale. Some will also ask what a contingency means as well. The meaning of contingent is not difficult to understand and neither is pending However, if you […]
Why Dual Agency is Illegal in Some States
Did you know that dual agency is illegal in some states? There is one perfect reason why dual agency has been made illegal in some places – it sucks for consumers! Do you want your Realtor to represent your best interests? How about getting the lowest price when buying or the highest price when selling? […]
What is an Exclusive Right of Sale Listing Agreement?
When selling your home with a real estate agent, you will execute a listing contract. The most common arrangement is an exclusive right-to-sell listing agreement. A contract is signed between a homeowner and a listing agent in this arrangement. The contracted agent is the only individual you have hired and is guaranteed a commission upon […]
What is a Seller Concession in Real Estate and How Does it Benefit Buyers?
Have you heard a real estate agent using the term “seller concessions” or “selling concessions” and wondered what it meant? Buying a home can stretch your finances to the limit, with closing costs that could be as much as 5% of the purchase price. This can make purchasing the home you want very difficult, but […]
What is an Abandoned House and What Happens to The Property
When driving around neighborhoods, you might see what looks like an abandoned house every so often. The signs of abandoned places are blatantly obvious. The boarded-up windows, the overgrown landscaping, the peeling paint, and the crumbling driveway give away the state of disrepair. Some words, such as decrepit, dilapidated, and eerie, will often come to […]
What Are Pocket Listings: Upsides and Downsides For Home Sellers
Are you wondering what a pocket listing is and how it works? Pocket listings are properties sold “off market” or marketed to potential buyers by a brokerage privately instead of utilizing the multiple listing service (MLS). These non-public listings are kept in-house by a listing agent. Negotiation will be done by the agent, who may […]
How to Sell a House in The Winter: What You Need to Know
Should I sell a house in the winter? Over my thirty-seven-year career, many potential sellers have asked me this question. Homeowners want to know if the housing market warrants listing for sale. Is there any demand for houses? Will there be winter buyers interested in my property? From experience as a Realtor, these are great […]
Sell a House Before, During, and After a Divorce: Tips and Guide
When going through a divorce, one of the first things that may come to mind is whether or not you should sell the marital home. Divorce and selling a house or other real estate are probably two of the most stressful life events. Going through both at the same time can be ten times worse. […]
In Real Estate What Does “Pending” Mean?
Over my thirty-eight-year career, many buyers and sellers have asked me what pending in real estate means. It is not unusual, as many real estate terms are batted around, assuming all consumers should know them. Real estate agents use similar terms with similar meanings, including under contract, under agreement, pending sale, and offer accepted. No […]