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In competitive markets, buyers might need a preapproval letter for sellers to even consider their offer. 2. Ask friends and family for agent referrals. One great way to find a good real estate ...
Some sellers will overprice or even underprice their homes. Your Realtor will have a good sense of your local market and be able to pull comps of similar homes to determine whether the one you ...
Good move. The home also has a giant basement for storage or finishing, so feel free to "tell your mom the home has a basement 'in case of storms' and she will almost certainly nod in approval ...
The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
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