Tag Archives: real estate agent

RE Agents report – Buyers want green homes

  • More than half (56%) of real estate agents surveyed by the National Association of Realtors reported that buyers were interested in sustainability when it came to their properties, according to a February survey by the NAR.
  • Forty-three percent of real estate agents said their multiple listings service included green data fields, and 71% of agents reported that energy efficiency promotion in home listings was “very valuable” or “somewhat valuable.”
  • Real estate agents said clients were most interested in sustainable home features such as efficient lighting (50%), smart-home technology (40%) and shared amenities such as bike lanes and green space (37%), landscaping for water conservation (32%) and renewable-energy systems (23%).

read more at: http://www.constructiondive.com/news/more-buyers-want-green-homes-real-estate-agents-say/439944/

disclaimer: for information and entertainment purposes only

11 things your real estate agent may not tell you but should

Real estate agents live a conflicted life. On the one hand, they are salespeople. They only make money when their deal closes.

On the other hand, they are consultants. They advise buyers and sellers throughout the deal process, ideally giving their clients advice that is not influenced by their own financial outcome.

Often, these two objectives are aligned and there is no issue. For example, an agent makes more money if he is able to sell a house for a higher amount. However, there are many situations where the right advice for a client is not aligned with the agent’s monetary incentives.

Most successful real estate agents are true professionals who take the long view. Their advice is in their clients’ best interests. Some agents go further by being fully transparent when conflicts arise (which they often do) and make certain any conflicts are fully disclosed to their clients.

So how do you know your agent is doing the right thing and giving you the best advice? Here are 11 things that selling agents and buyer’s agents should be telling (or asking) you:

Stay Put – From a purely financial perspective, you want to move in life as few times as possible. Let’s face it, moving is expensive. Once you add up the transaction fees, costs of moving, costs to furnish your new place and so on, it’s a lot of money. Further, in the early years of paying off an amortised mortgage, your monthly payment goes mostly to interest. As you hold the mortgage longer, your payments increasingly go to paying principal. Staying put is a great forced savings tool.

More house, more problems –   As  a buyer, you should try to find the most modest home that will make you (and your family) happy. The larger the home you own, the more expenses and headaches you will have. Whether you are looking to buy a two-bedroom, salt-box house or a 6000-square-foot, five-bedroom home, you should consider whether the house is too big for your current and future needs.

read more at: http://www.domain.com.au/news/11-things-your-real-estate-agent-may-not-tell-you-but-should-20151103-gkphqu/

disclaimer: for information and entertainment purposes only

When the agent represents the Seller and Buyer who are they looking out for

Q:: I was trying to buy a condominium in Florida when the agent told me he was a transaction agent but could help both the seller and buyer. Also, the seller wanted to sell “as is” and I was not able to get an appraisal quote on this condominium. Does this sound right?

A: Frankly, based on the short question, it doesn’t sound right. You need to understand what you are getting into. The agent told you that he could help both you and the seller as a transaction agent, but wouldn’t really help either of you. (That’s called a “nonagent,” as far as we’re concerned.) He won’t give you his advice but would assist in the paperwork and other clerical functions that might be needed in your purchase.

What you really need is someone there to help you: to give you advice about the market, about this specific property (including inspectors and inspection issues), about negotiating strategies, about mortgage issues and so forth.

Do you need an unbiased opinion of the value of a property?  Contact the real estate appraisers at www.scappraisals.com for your value and market questions.

A good agent can tell you what other buyers are doing and what sellers in this area are willing to accept. They can advise you when a seller is being reasonable and when she is not. The agent can give you information on whether the market is hot or appears to be cooling, and whether you should wait to put in an offer or should hurry due to changing conditions.

read more at: http://www.chicagotribune.com/classified/realestate/sns-201401051200–tms–realestmctnig-a20140112-20140112,0,4808392.column

Disclaimer: for information and entertainment purposes only