Should you hire a “realtor” or a REALTOR® to help you buy or sell a home? A common misconception is that all real estate agents are both, but that isn’t true. The difference is important, so let’s look at how each term is used and why the difference matters. First, what is a REALTOR®? It’s simply […]
Real Estate Terms – Flag Lot
Ever read about a home being located on a flag lot? Flag lots have been around a long time and continue to be created for all types of properties. There are advantages and disadvantages to owning a flag lot, so let’s look at how they are configured and how they can be a positive or […]
In Real Estate Sales, What Is A “Side”?
Many real estate brokers and agents describe their real estate sales experience by quoting the number of sides they have closed. The average buyer or seller needing to hire an agent may not know what a side is and how it reflects an agent’s experience and business practices. Let’s look at the meaning of sides […]
What Is A Tenant Estoppel?
Real estate investors selling residential rental properties often prepare a tenant estoppel as a disclosure document for potential buyers to review. Here is a question from one of our social media followers that illustrates the role of estoppels in real estate sales: “I’m selling a rental home and the buyer asked for a tenant estoppel […]
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