The posting below is a copy of an article published in Boca/Delray Life Magazine in January of 2006.
All homeowners, whether they’re selling or not, wonder what their home is worth. It’s one of the big topics of conversation at many parties. Determining a home’s value starts at the neighborhood level. Read the rest of this entry »
Popularity: 49% [?]
On the surface all real estate agents seem alike. Most buyers don’t understand the difference between a listing/seller’s agent and a buyer’s agent. Further, they have no idea in what capacity these agents are acting; a single agent, a transaction broker or who represents whom in a transaction. It’s important that consumers know the difference.
A Single Agent represents either the buyer or seller but not both parties. A Transaction Broker represents both parties but in a limited fashion, basically, a middleman facilitating a deal/transaction. It’s a little more involved than this but you get the basic idea.
There are many misconceptions when it comes to real estate agents which are detailed below.
MISCONCEPTION #1
There’s no cost to the buyer for the services their real estate agent is providing, it’s ‘free’ because it’s the SELLER who’s paying all the agent(s) involved.
WRONG!
Popularity: 34% [?]
The posting below is a copy of an article published in Boca/Delray Life Magazine in November of 2005.
Talk to several experts and you’ll get several different opinions. The answer depends on local market conditions, in other words supply and demand. Lets look at recent history and the factors that determine supply and demand. The surge in real estate began with the collapse of the stock market. Investors shifted money out of the stock market into safer real estate assets. As interest rates declined to record lows, interest in real estate grew. Adding fuel to the fire were low interest variable rate loans and new interest only loans.
Popularity: 18% [?]
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