REAL ESTATE SALESPERSON

If you have a trusted friend or family member who is a broker or salesperson, working with them can be a good option when you want to buy or sell a home. But, just as you can’t get a “private surgery” or “private legal advice” that aren’t subject to rules of professional conduct, there is no such thing as a private real estate service.

Pre-Closing-Tip-and-Ideas-For-Home-Buyers

Buying a home includes a number of key steps and the process can sometimes be tricky. Your real estate salesperson can answer your questions and guide you to the finish line. In the meantime, however, here are a few actions you will need to take before you can move into your new home.

BUYERS-REPRESENTATION-AGREEMENT

A buyer representation agreement (BRA) is a contract that binds you to work exclusively with one real estate brokerage for an agreed-upon period of time when you’re in the market to buy a home. 

difference-between-condo-and-co-opReal estate terminology isn’t always clear and understandable. If you’re thinking of buying a condo or co-op, I strongly recommend working closely with a registered real estate salesperson who can answer your questions, and explain the meaning of certain terms. And when you find the right salesperson for you, make sure you’re open and honest about your budget and the dwelling or ownership model that’s the best fit for your lifestyle.

the difference between homes

Whenever you buy a property, I strongly recommend performing your own due diligence (that may include getting a home inspection done), and working closely with your salesperson. That means talking openly about your needs and expectations and getting clarifications for any terms that you don’t fully understand.

Continue reading “Understanding The Difference Between Detached, Semi-Detached, Townhouse and Link Homes”

 

When I hear the term “fixer-upper” I think about The Money Pit, the 1986 comedy starring Tom Hanks and Shelley Long as a yuppie couple who buy a beautiful-but-seriously-dilapidated old house that nearly ruins their relationship. It makes for a funny plot, but in real life there’s nothing funny about buying a home and discovering that the roof leaks, or the wiring hasn’t been upgraded in decades.

Buying a home is an exciting time. The more informed you are before you buy, the better things will be in the long run. It is important that you see past the design and decor and learn to look at the “bones” of the home. Understanding how well a home was built and maintained, can really reduce expensive repairs in the future.