If you’re a landlord, you undoubtedly explored the question of how best to collect the rent each month. Do you ask for a check, does your tenant mail it to you, drive it over to your home, or send it to a P.O. Box to keep your personal address private? When do they pay, when… Continue reading Cozy: A Free and Easy Way to Collect Rent Money Online
Sold Over Asking: Is It Good or Bad?
These days, it’s not uncommon for homes to be sold over asking. In fact, real estate agents are quick to point out this fact once the transaction is finalized. For example, you might see a little addition to the sold sign dangling from the bottom that says, “sold over asking.” Yes, they actually sell sold… Continue reading Sold Over Asking: Is It Good or Bad?
Why You Should Buy a Bigger House Than You Need
While tiny homes might be all the rage right now, you’re probably better off avoiding one. It’s hard enough to live with your lovely and always understanding spouse in a one-bedroom apartment… But seriously, your thinking should be on the opposite end of the spectrum when it comes to buying a home. Buy more than… Continue reading Why You Should Buy a Bigger House Than You Need
Don’t List Your Home for Less Than What You Paid
Here’s another quick and painless listing tip to avoid unwanted scrutiny when selling your home. And it’s an easy one to follow. In short, don’t list for less than you paid for it. That’s right. Just list the property for more than what you originally bought it for. For example, if you purchased a home… Continue reading Don’t List Your Home for Less Than What You Paid
How to Make Your Real Estate Listing a Hot Home
Redfin’s Hot Home Feature Can Make Your Listing Fly Off the Shelf If you’re in the market to buy or sell a home, you’ve likely come across a “Hot Home” or two while browsing properties on online real estate brokerage website Redfin. The company has a propriety formula that assesses whether a property will go… Continue reading How to Make Your Real Estate Listing a Hot Home
Haus Wants to Make Buying and Selling Homes Super Transparent
A new company called “Haus” wants to completely disrupt the home bidding process so everyone involved can see the offers being made on a particular property. As it stands now, offers made on properties aren’t openly disclosed to anyone. As a buyer, you’re told by your real estate agent what you should offer. Alternatively, you… Continue reading Haus Wants to Make Buying and Selling Homes Super Transparent
60% of Recent Home Sellers Didn’t Pay Full Real Estate Commission
If you paid a full 6% commission when you sold your home recently, you’re the minority, this according to a new survey from online real estate brokerage Redfin. The company noted that some 60% of those who sold a home in the past year received some sort of discount on the real estate commission, which… Continue reading 60% of Recent Home Sellers Didn’t Pay Full Real Estate Commission
Don’t List Your Home Above a Key Price Threshold
I’ve already written about coming up with the right listing price (what should I list my house for), but I wanted to touch on a specific issue I’ve seen a lot of lately. For whatever reason, home sellers seem to miss the mark when it comes to pricing their properties. Sure, it’s hard to nail… Continue reading Don’t List Your Home Above a Key Price Threshold
HomeLight Review: A Data-Driven Real Estate Agent Search Engine
First let me say this – your real estate agent matters, a lot. They aren’t all the same and performance will vary widely. Do you want your property to fester on the market or sell quickly for a high price? Obviously the latter, so your search for a real estate agent should be taken very,… Continue reading HomeLight Review: A Data-Driven Real Estate Agent Search Engine
How to Tell If a House Has Good Bones
What the Heck Are Good Bones? If you’ve been searching for a home recently, you may have heard a real estate agent tell you that the “house has good bones.” Or maybe the phrase was right there in the listing. It’s a buzzword, or rather buzz phrase, in the real estate world, but it’s often… Continue reading How to Tell If a House Has Good Bones