How Do Realtors Get Paid?
People often don’t know how realtors get paid.
Buyers - you realtor services are free! (certain restrictions could apply). The seller pays the commission!Â
Sellers - you are responsible for the paying the services of the realtor.
Realtors get paid based on the successful negotiation of a contract brought to a successful settlement. Therefore, if an agent works [...]
Jumbo Loans Stifle the Market Recovery
Jumbo loans - loans between $417,000 and $729,500 are adversely affecting the housing market. Lenders have maintained a higher interest rate than has previously been the case.
These loan programs enjoy higher interest rates, higher down payments, very high credit scores and are taking people out of the market, leaving people selling these homes with longer [...]
Home Inspections Can Save Thousands
When I am working with buyers, I strongly encourage them to hire a home inspector to evaluate the property. It generally costs in the neighborhood of $300 - $400. This is a small price to pay for the peace of mind of knowing a qualified inspector has looked at the home and given his expert opinion [...]
