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 […]
Real Estate Dual Agency Pro’s, Con’s and Cautions
Few topics spark hotter debate among real estate agents than real estate dual agency. Some are passionately in favor of the practice, some are vehemently opposed. A few states have banned or tightly regulated dual agency and more states are currently considering similar legislation. Since the decision to enter into a dual agency situation is made […]
Beware of Personal Property In Real Estate Sales
Whether buying a home, land or commercial building – beware of personal property in real estate sales. Items that transfer from seller to buyer are referred to as either “real property” or “personal property.” Real property is the land itself and the improvements built on it, such as a house, garage, barn, swimming pool, or […]
Real Estate Agent Commissions – How They Really Work
Real Estate Agent Commissions can be the largest single expense in a home sale, yet sometimes buyers and sellers don’t fully understand how the commission rate is set, who pays the commission and what services they should be getting for their money. I’ll answer a few common questions about real estate agent commissions to provide a […]
