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EDITOR'S NOTE: With foreclosure properties still dominating the housing landscape in the U.S., we've asked our friends at RealtyTrac® to guest author some articles to shed light on the foreclosure crisis. RealtyTrac is the most trusted source of foreclosure information in the country. We...
Posted to
Tips & Tools
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RE.com Tips & Tools
on
Thu, Jul 30 2009
Filed under:
Filed under: housing market, commission, real estate agent, selling, public auction, pre foreclosure, selling a home, foreclosures, HUD, scams, REO, RealtyTrac, real-estate-owned, home auction, foreclosure properties, foreclosure process, real estate process, lender auction, avoiding foreclosure, mortgage default, loan default, foreclosure law, housing and urban development, forbearance
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EDITOR'S NOTE: With foreclosure properties still dominating the housing landscape in the U.S., we've asked our friends at RealtyTrac® to guest author some articles to shed light on the foreclosure crisis. RealtyTrac is the most trusted source of foreclosure information in the country. We...
Posted to
Tips & Tools
by
RE.com Tips & Tools
on
Mon, Jul 27 2009
Filed under:
Filed under: buying, buyer’s market, home buying, home buyers, homeownership, buying a home, real estate agent, pre foreclosure, foreclosures, NTS, REO, prequalification, foreclosure cycle, RealtyTrac, notice of trustee, real-estate-owned, notice-of-default, home auction, foreclosure properties, NOD, buyer's agent
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Real Estate Broker's Insider, Jeff Ostrowski, May 2009 issue RealEstate.com, Realtors is the rare brokerage that closed more deals and generated more commissions in the fourth quarter of 2008 than in the fourth quarter of 2007. The company says its closings spiked 55 percent over the year as RealEstate...
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Commissions are divided between brokers, then again between brokers and agents. Home buyers rarely concern themselves with how real estate agents get paid for their services. Yet it behooves buyers to take an interest in this subject since the money they bring to the deal is used to pay the brokers’...
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Before you consider "firing" your agent, honestly determine why you're dissatisfied. If you signed a listing contract but are unhappy with your agent’s performance, it may be because: • Your home is not selling as quickly as you’d hoped It could be that you had unrealistic...
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Knowing how to handle disputes with your home builder can help ensure problems don't result in costly delays. Despite the best-laid plans, problems can inevitably happen in new construction. The wrong sink can be ordered. Your living room walls may end up being painted a different shade from the...
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With today's higher home prices, it can sometimes be hard to tell if the home you have your eye on is overpriced. In certain markets, determining whether a home is overpriced, or priced at fair market value, can be a daunting task. The following resources can help you determine the fair market value...
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When buying a home, it's helpful to have a real estate agent who will keep the process running smoothly. Finding an agent who has expertise in the area you are looking is crucial. Your agent will know the market and work to get the best deal possible. Buying a home also means wading through a great...
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Should one brokerage company or one agent represent both you and the seller of the house you want to buy? Real estate brokerage commissions are one of the most mysterious aspects of buying a home. Yet it’s nonetheless important for prospective buyers to try to make sense of the commission system...
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Choose a reputable agent to protect yourself from commission shenanigans Realty commissions are among the best-kept secrets in home sales, perhaps because the subject is akin to asking brokers and agents how much money they make and, like most people, they consider their own income to be a private matter...
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Here are some tips to follow, and some to avoid, whether you're selling your home soon or sometime down the road. Selling a home is no walk in the park. It involves strategic thinking, patience and hard work. If that’s not enough, there can be the added pressure of having to sell your home...
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Ask yourself these questions to see if an open house will really help you sell your home. There is some debate over whether an open house is a useful tool in today’s real estate market. Consider the following when deciding if one makes sense for you. Where is your home? Is your home in an area...
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Some research and a good real estate agent will help you find the best neighborhood for you. Finding a house in a new city is a common occurrence in today’s mobile society. Everyone seems to be moving across the country for a new job or opportunity. But it can be intimidating to figure out which...
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It is important to carefully compare closing costs between lenders before selecting a loan. Closing Cost Descriptions We recommend that you carefully compare closing costs between lenders before selecting a loan. This task is complicated by the fact that different lenders and brokers use different names...
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Hiring a real estate agent who is familiar with your area and budget doesn't just make sense -- it can save both time and money When you’re buying or selling a home, there are many deciding factors that go into hiring an agent. Naturally, you need to consider reputation and track record. You...