Buyers, sellers and real estate agents often use square footage as their common demoninator in determining the value of a home. There is no quick method or automated value method that will give you the correct amount. It may seem like a straight forward process, but there are several variances that can lead to inaccurate […]
Buying or selling a home involves negotiation at all stages of the process whether you like it or not. It’s not like going to the store where you decide to buy something and then just pay for it. Emotions get involved that could affect the negotiations adversely and it is easily the most expensive purchase […]
As a seller, you can put a price on your home for sale, but the value of your home is ultimately determined by the person who buys your home. Some conditions would make a buyer pay over the market price for your home, they include location, the elevation of the home, or proximity to something […]
As a homeowner, you will receive a generous exclusion on the gain of your principal residence. Current rules stipulate $250,000 for single taxpayers and $500,000 for married taxpayers filing jointly. Many people probably consider the gain or profit to be the difference between the purchase price and the sales price. Before calculating your gain, the […]
Many homeowners have had to rethink the way they live in their home over the last two months with the stay at home or shelter in place orders. Your home has now become an office for working, a school for your children, a gym for working out, and a place for recreation. With all this […]
These are unsettling times and buyers and sellers have a concern about keeping virus-free and staying healthy like the rest of us. To keep everyone safe, these new showing procedures should be considered before walking into a home. Agents are reporting that they are selling homes where the buyers have not physically been in the […]
Five percent of all homebuyers choose not to work with an agent. They conduct their own home search, contact the sellers, negotiate their contract, locate their financing and arranged inspections. All these services are provided by a Realtor®. If you had to think about what motivated them to do all this work, it would have […]
Baby Boomers and retirees aged 65 and over equate to approximately 52 million or 16 percent of Americans. Some of these people will be thinking about downsizing because they just don’t need or want the same space they needed in the past. Divesting yourself of “things” you have accumulated over the years and don’t need […]
The age of the internet is here and it has empowered people looking to buy including people looking to buy homes. If you know how to type text into a search engine then you know how to search for public information about home size, condition, sales history, current inventory, recent sales, photographs, videos, school info, […]
As a business, if you expect to have repeat customers and get recommendations to friends, you must treat customers fair. Nordstrom’s customers understand that their salespeople are employees and represent the company as a whole. In some industries, like real estate, the customer service line is not as clear. An Agency is a legal relationship […]
