How do I sell my house by owner?
You want a quick answer? People write entire books on this topic and one of the better ones is “Sold by Owner,” by Robert Irwin. It’s like golf – it sounds easy. You just whack the ball a bunch of…
Read moreWhere can I find information on selling my own home?
My favorite place is the local bookstore rather than on-line. However, reading through our Home Selling Library will give you lots of tips, too. Most FSBO (for sale by owner) books are quick reading and Robert Irwin is an author…
Read moreWe are thinking about selling our home on our own. If a buyer comes in with a Realtor do we still have to pay their agent the 3% commission?
That depends on whether you choose to “cooperate” with agents or not. If you do not, agents will not bring buyers to your house. If you do cooperate, some agents will bring buyers, but if their client makes an offer…
Read moreI’m selling my home “by owner,” and a real estate agent who wants to show my home to a buyer said something about “agent protection.” What does this mean?
This probably refers to the agent wanting to protect their right to a commission should you elect to sell to their client. In our home selling library, we have an article on types of listings. One of those is a…
Read moreThe buyer now wants out of the contract to buy my home. The contract has been signed by both parties. What are my rights, and do I have to keep my home?
When people break contracts, you can’t generally force them to go through with the transaction. What you can do, if you can prove damages, is try to recover the damages in court or through arbitration. You can attempt to talk…
Read moreI agreed to buy a house and now I’ve changed my mind. How do I cancel?
This may not be the answer you were expecting… For the answer to this, you have to look at your contract. The contract is the legal agreement you have made with the seller. Most contracts have certain contingencies where a…
Read moreCareers in real estate
I’m not sure if you can assist me but I would like to know how I can go about obtaining a real estate license. Call up the biggest real estate office in your town, ask for a manager, and they…
Read moreWhat is a buyers agent, what does this specifically do for a buyer and who usually pays this “buyers agent”?
On most transactions, there is usually a listing agent and a selling agent. The selling agent is sometimes referred to in media as the buyer’s agent, because he works on the buyer’s behalf and it easier than explaining each time…
Read moreWhat is the difference between a real estate agent and a real estate broker?
A real estate salesperson is more than just a “sales person.” They act on your behalf as your agent, providing you with advice and guidance and doing a job – helping you buy or sell a home. While it is…
Read moreWhat is the difference between a real estate agent and a real estate broker?
Most states require real estate sales professionals to be licensed by the state, so that they can control education and experience requirements and have a central authority to resolve consumer problems. The terminology used to identify real estate professionals varies…
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