Real Estate Information

This Domain For Sale. Contact us for more information.


Where Does Your Real Estate Commission Fee Go - Why is The Commission so HIGH?


Many who have bought and sold properties through Realtors numerous times; even many real estate agents themselves, don't know where the commission money goes. After all, when a property sells for hundreds of thousands of dollars and the commission is tens of thousands of dollars, it seems like there is a terrific amount of money charged as commission -- and there is.

Even many attorneys, who have spent a decade or more in expensive colleges, fought to get through the Bar exam, and then spent years in their profession -- seem concerned that the commission fee is far larger than the attorney fee when all the fees are paid at settlement.

Let's start with the part that few real estate agents understand. It costs the real estate company they work for, between $19,000 and $45,000 per year for each agent to have a license, desk, and the use of company building, parking, real estate, taxes, insurance, utilities and professional support services -- whether they sell anything or not. Since the real estate brokerage commission is split between the company and the agent, an agent must make three to six thousand dollars every month in commissions for the company to break even on that agent with the company share of the fee. And, most importantly, the less productive agents in the office raise the cost for everyone. The other agents therefore, must each earn more to carry the share of the less productive. Many agencies will ONLY allow high quality, top producing agents to work at the company, so that the less successful agents don't pull down the average income of the company investment.

The total commission is split between the listing company and the listing agent ; and the selling company and the selling agent. Usually the commission is split four ways, sometimes it is more. Splits are arranged within each company and for each agent; sometimes there are numerous different percentages and split arrangements in each office.

The company part of the commission is spent on office rent or mortgage, taxes, property insurance, maintenance, signs, radio and TV advertising, bill boards, magazine and newspaper ads, cleaning, supplies, phones, paper, desks, utilities, legal fees and legal insurances, management and support staff as well as numerous memberships, dues, legal fees and expert professionals. Many companies also pay a fee to a franchise company or home office for the right to use the company name. Fees are also paid to regional and national home offices to defray national and regional advertising, management, staff, etc.

In the final analysis, an office that has 10 licensed agents must require those agents to bring in at least forty to seventy thousand dollars in commissions every month to keep the office bills paid!!! I don't know any real estate agents who actually understand or believe this, unless they have personally been responsible for office expenses for a year or more. Responsible, meaning writing the checks out of an account that costs THEM money. Even then it's hard to understand how it all adds up to such a huge figure, but it does. Offices that earn less than these amounts per agent are disappearing fast, few remain as it is.

Computer purchase, maintainance, training and software expenses are now one of the larger expenses. Many offices feel squashed financially, by the financial pressure of adding the purchase of computers, printers, digital cameras, and the maintenance, networking, repair, software and constant management of computers to the already high cost of doing business. In fact, there are even a few of the larger companies who specialize in purchasing other real estate companies who can't keep up with the expense and responsibility of this digital age. Any company or agent who is not keeping pace with digital realty and digital real estate, is not likely to be around much longer.

More and more people rely on the Internet to pre-shop for real estate. You know that. You are one of them and we welcome you to our site.

The purpose of our Web Site is to allow you to educate yourself and pre-shop for real estate before you call us. Let us know if you want us to have anything else on our site for you. We'll listen! As the Internet becomes the favored tool it is also the most important tool for buyers -- radio, print and sign ads become less workable. Smart sellers now want to see what a Realtor is doing on the web before they choose which Realtor to list their property for sale with.

Advertising and marketing expenses have grown tremendously over the years. For instance, when I first got into the business, thirty years ago, I started out helping to manage a real estate, building and developing company. At that time, over 60% of our phone calls came from signs on the property. Also at that time, bulk mail cost an average of thirty cents a piece to create, print, post and send and our response rate was often 3% or more!!! Now less than 10% of our calls come from signs on the property. Bulk mail averages over a dollar a piece and mail response is far less than half of one percent. In fact according to one national Realtor's marketing research team, real estate mailings now range in response from one in a thousand to one in three hundred. The best results costing the most to obtain because of expensive mailing pieces with full color, pictures, etc. One recent survey showed that average cost per resonse to a mailing was $2,000 - whether it was a lot of cheap postcards or fewer nicely printed color pieces.

Since 1971, I have studied and researched marketing and sales via schooling, reading and keeping good records of expenses and results. Thirty years ago the average cost of newspaper advertising to get a phone call was seven dollars. One in every ten calls coming to a top agent, resulted in an appointment. One in five appointments resulted (for a top agent) in a sale! Of course these were averages based on the best advertising, telephone and selling techniques that were available. Often the averages were not as good in other companies or for other agents. So the average cost of a sale using just print ads was about $350 thirty years ago. For my office of 50 agents in 1979, the average print, signage and bulk mail advertising cost had risen to $500 per call.

Now the average cost of one phone call from a print ad is from two thousand to five thousand dollars and that is growing by the month! So even if one could get one in ten calls to result in an appointment, and one in five appointments to result in a sale, the cost of advertising per contract would be phenomenal.

The nicer the property, the more attractively priced it is or the better it is located the more response the ad will get. Luckily for print ad salespeople and newspapers, few Realtors keep records of what advertising costs and results are. Singage is still a factor in obtaining calls and used to be the most cost effective. Therefore many Realtors will seek to get a listing in a hot area, no matter what the listed price, just to get a sign on the property! Can you blame them?

Print ads are done mostly to please the seller. After all the seller wants to see something tangible as proof that the Realtor is spending some money before that big commission is paid out at settlement. We certainly can't fault them for that either, can we? Interestingly enough, those sellers who price their property highest for what it is and who are located farthest from where the most buyers want such a property, are quite often the ones who most want to see their property advertised expensively!!! In the case of an overpriced property that is not well located -- thousands of dollars can be spent in advertising with not one phone call resulting! It's just part of our business and always has been. Ironically those sellers who have property priced the highest for it's location and want the most advertising, are often the ones who want to pay the least commission too.

You may find this all unbelievable! It is! I've been doing this business all my adult life, going to courses every year, working in the business in many parts of the country as a property specialist -- and I still can't believe the costs and conditions of this business. I am amazed every day by all this!

Each company pays their agents differently but the overall or gross commission as it is called is split in some fashion between the company and the agents. The expenses are split too. The most productive agents usually get a larger split of the commission, relative to the company. Some companies offer top agents the right to rent office space, usually at least twenty thousand dollars a year, and keep all the commission! And, top agents almost always spend a far larger percentage of what they earn for advertising, marketing, education and other business expenses that are designed to bring them future sales and income.

The best agents, the best ones for the seller to have, are those who do everything possible to let all the rest of the Realtors in the area know everything possible about the property they have for sale so that other Realtors can try to sell it too. When two Realtors from different offices are involved in the sale the commissions are split in half again. Typically each of the two companies involved would split the commission and then each of them would split with the agents involved. Often there are other commission splits payable as well to a referring agents; an agent who referred the listing or one who referred the buyer. To give you an idea of what all this means, when I averaged all the commissions I made over the last several years I averaged three quarters of one percent of the sales price for the properties I sold - BEFORE expenses! Now you can see why we all try to sell millions of dollars of property each year!

In most areas there is another expensive service that the companies and the agents use -- the Multiple Listing Service or MLS. This is where all the agents have agreed to put everything they have on a centralized and searchable computer so that all agents can have access to all properties. Once you choose your Realtor that person can access everything in the central computer files if they are a member of the MLS. Some of the smaller companies are not members because of the cost.

From the proceeds of commissions earned by the sales and listing agents, they then pay for their auto expenses, MLS fees, annual county, state and national Realtor dues, commercial licensing fees, business licenses, electronic lockbox keys, advertising, insurance, legal fees, computer related expenses, phone bills, etc. In the final analysis a Realtor who sells two million dollars in real estate a year is usually working diligently and effectively for his clients for only average earnings in area where she lives after all these expenses. And there are others; client gifts, professional dinners and luncheons, Chamber of Commerce dues, and numerous charities who consider that Realtors are the most likely to donate heavily to all the charities... since they have so much money.

Selling Real Estate is a life style and profession most of us would not trade for anything. And there are some of us who have made a nice living over the years at this wonderful job. It's all about helping others. If we do it well, we are paid well, and if we do it very well we are paid very well! Happily I have been working as a Realtor since 1972 and I LOVE it.

We know that for us we have the best job on earth and we do it our way. We use primarily the modern tools of the Net, Multiple Web sites, all the latest devices and techniques, MLS, several computers, as well as selected traditional mailings, some print ads and several professional assistants all to help our clients better and faster!

May we help YOU? We hope so! And, we hope to get paid when we do!

Copyright 2000-2005 by www.JodyHudson.com

Jody Hudson has been a Realtor in America and in Delaware for 35 years.

The source page for this article is: http://www.kate-jody.com/essays/commissionfee.html


MORE RESOURCES:
Real Estate Articles from EzineArticles.com
07/21/2021 11:23 AM
6 Real Estate Types, It Pays, To Know About!
After, over 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I have witnessed, Buyers, Sellers, and Neutral Markets, and, nearly, everything, in - between. Since, there are various ways, to get involved, in the real estate markets, it makes sense, for individuals, to gain, as much knowledge, as possible, regarding, some of these. Although, there are many components, we will attempt to, briefly, consider, examine, review, and discuss, 6 specific types of ways, one might, get involved, in the real estate markets, and industry.
07/19/2021 09:43 AM
Make Your Moving Day Easy by Hiring a Good Removal Company
Moving homes is always a tough job. It takes a lot of preparation and prior planning. Thus to help with all these, it is always better to hire removal companies who will do the packing and moving for you.
07/15/2021 05:57 PM
Hero Group Plans Next Hero Homes at Dwarka Expressway Gurugram
Hero Realty, the real estate arm of Hero Corporate Service Limited, has announced to launch its new project Hero Homes in Sector 104 Gurgaon The ultra-luxurious residential project is endowed with a cool breeze and spectacular views will make its residents to live a privileged life in a Gurugram. The residential address comprises aesthetically designed 2 BHK and 3 BHK apartments in Hero Homes Dwarka expressway with advanced features. All the apartments will be spacious and provide enough ventilation and natural lighting which will allow residents to enjoy a quality, secure and evolved lifestyle.
07/15/2021 09:05 AM
Removal Company: Who Are They, What They Offer, And Why Hire Them?
You may think that why hire a removals company and how they can be helpful? Well, this is a simple explanation of what it does. They are a company which helps in packaging the personal items, transporting and shifting the same from one location to another.
07/15/2021 09:05 AM
Points To Consider Before Hiring Any Removals Company
For those planning to move, either locally or from one state to another. Choosing the right company can be a big issue. The thing is that you can find a plethora of services and companies when searched offline or online.
07/15/2021 09:05 AM
Benefits Of Hiring The Best Removal Company For Shifting Your Home Or Office
Are you planning to shift your base from one home to another? Or, are you moving your office to a larger space? Well, whatever is the case, one thing is pretty obvious: moving is not an easy thing.
07/09/2021 11:03 AM
4 Types Of Real Estate Markets: Not Always Predictable, But You Need, To Know!
Although, some people, seem to attempt to market - time, the real estate/ housing market, in most cases, it is an unwise, course of action! No one knows, for sure, what the future, may bring, because, a combination of factors, including, other economic conditions, supply - and - demand, interest rates, consumer perceptions, specific locations, etc, impact conditions, etc! Basically, the better, one knows, and understands, these possibilities, etc, and proceeds, in an alert way, the smarter, and safer, he is!
06/30/2021 02:10 PM
Is It Better to Buy a Condo in Toronto or a House?
Should I buy a condo or a house in Toronto? Actually, that's the question faced by so many beginners who are taking their first steps into the real estate investment industry. People, who are looking to buy a property for living purposes, may also ask this question.
06/07/2021 09:11 AM
Why Should You Hire a Removal Company When You Are Moving House?
Man and Van is a home and office mover company aiming to provide its customers a safe and secure service throughout London. The Man and Van Company is a removal company that helps the people out there who want to move their homes and offices to London. This removal company has a really dedicated and extremely hard-working staff that is always ready to provide an easy-going, flexible, and satisfactory service to its customers.
06/07/2021 09:11 AM
What Are the Different Services Offered by a Removal Company?
As far as services to satisfy and serve the people, almost all of the moving services have come forward to offer their customers the best. Their unique history of designing packages that are most suited to the customer has resulted in the ultimate satisfaction among the people. Creating packages that are highly suited based on the user demands is one of the desired qualities that make their customers ensure their reliability on them.
06/07/2021 09:11 AM
Points to Keep in Mind While Choosing a Removal Company
Seeking random help from any person with the moving services can be pretty daunting, especially when there are many household items to be unloaded and shifted to the next place that helps you get started with life. Hiring any unknown person and entrusting him or her with the work of moving can be quite risky in situations where the complete background of the person is mostly unknown and has no prior experience in the field and is only planning to help you for satisfying monetary interests. So choosing the most suited moving service according...
06/01/2021 08:47 AM
Office Relocation - Move Your Office With Minimal Chaos
A new location gives a new face to your office. Office Relocation can be a monotonous task if not planned and communicated properly. Often, relocating an office brings in a lot of stress among the workers.
06/01/2021 08:47 AM
Few Things to Consider While Choosing the Best Removal Company for Your Next Move
When you decide on moving houses, you feel excited but, the process can be a bit tedious. There is a lot of paperwork, meeting agents, selling the old place, and packing and moving. Do not try to overwork yourself by doing everything on your own and at least hire a removal company for the moving.
06/01/2021 08:47 AM
5 Things to Consider While Hiring a Removals Company, Canary Wharf
Whether you are moving due to your office, retirement, or going back home from college, you will need professional help. A Moving company can make things easy for you, but the question is which one? Well, your search for removals company Canary Wharf is over.
05/18/2021 11:29 AM
Will This Be Another Housing Bubble, Like 2006?: 3 Possibilities
When, the economy, soured, we witnessed, the results/ ramifications, in the ensuing, apparent, housing bubble (of 2006). The period, leading - up, witnessed, significant increases, in the costs of real estate, and, then, some of the ramifications, when it soured, including, many foreclosures, etc, and, the impact on pricing! For, the past, few months, we have witnessed, a significant rise, in, house - prices, at a historic rate!
05/07/2021 09:29 AM
5 Factors Which Will Impact Real Estate In The Shorter - Term!
Although, historically, owning real estate, has been, one of the greatest ways, to counter, the effects of inflation, etc, it is important to realize, recognize, and understand, in the shorter - term, there are rarely, any guarantees! There are, up, and down, periods, in these markets, and, while, some years, we witness, significant asset growth, etc, there have, and will, most - likely, be times, when, values decrease, at least, temporarily. Presently, we are experiencing, a real estate market, which is considered, a Sellers Market, with house prices, rising, significantly, and, witnessing, more buyers, than, available houses, available, and the...
05/04/2021 10:10 AM
When Will This Real Estate Market Calm Down?: 5 Influences To Consider!
For, a wide - variety of reasons, many parts of this country, have witnessed, significant price increases, in recent, real estate transactions! We have witnessed, near - record, low mortgage interest rates, the pandemic, and a great demand, for houses, in certain areas (with far more potential buyers, than those, seeking to sell), etc! How long, will this trend, continue, and, when, might, the overall market, calm down, and normalize/ correct, etc?
04/30/2021 10:01 AM
Services Provided by a Moving Company
Introduction: In today's world, we need extra help in almost everything that we do in our daily lives. One of the most hectic errands is shifting from one place to another. Shifting means one has to transfer their whole set up from one venue to the other, and also usually, there is a limited time to do that.
04/26/2021 08:39 AM
Man and Van Service and Removal Companies in South London
Man and van service is a similar service to removal companies. One can choose a man and a van for the transportation of goods. One also has a wide range of options where they can choose a personalized version of services.
04/26/2021 08:39 AM
Things to Be Remembered While Hiring a Moving Company
There are a lot of moving companies who offers a wide range of services to their customers. The South East London removals is a company which offers you removal services in the category which includes pool tables, automobiles, antiques, safes, works of art, etc. The services of the moving companies offer you professionalism, secrecy, and punctuality.
04/26/2021 08:36 AM
The Advantages and Benefits of a Moving Company
How to hire a moving company? The best way to release all burden while shifting to a new place is by hiring a moving company. It saves time, and it is hassle-free.
04/26/2021 08:35 AM
Top Ten Packing Tips for Moving
Moving houses can be seen as a part of life. It can get a bit stressful if it's not done in an organized way. The amount of stress and work can be decreased considerably by doing proper preparation for moving.
04/26/2021 08:35 AM
How to Choose a Good Removal Company?
It is a lot of work when you are moving, and it takes a lot of load off your shoulders if you choose the right removal company. Also, the perfect company may differ from individual to individual. But there are some of the things which must be kept in mind before choosing a removal company.
04/26/2021 08:35 AM
Hiring Moving Companies Is the Easiest Way to Shift
The world is growing at a fast pace. In this scenario, there is simply no time for anything. People are rushing to get their jobs done practically in no time.
04/26/2021 08:35 AM
Movers and Removal Companies in West London
In today's world, we need extra help in almost everything that we do in our daily lives. One of the most hectic errands is shifting from one place to another. It has been found that in the US, around 40 million people had moved to new places annually in the last decade.
04/26/2021 08:35 AM
Solution of Relocation - Man With Van
Even in this pandemic, as we look around, we can observe that there are people and goods that are on the move, some are traveling in search of bread, other essentialities, or finding their way home. The reason for moving from one place to another plays a major role in affecting our mental and physical health, and the cost of doing so can definitely be a burden to our pocket. After all, it's hard to transport all the heavy items and belong to another location on your own.
04/11/2021 02:43 PM
Top 10 Affordable Properties in Dubai 2018
There's no lie in the statement that Dubai is the land of luxuries. People plan to spend their holidays in Dubai, they intend to buy or rent property in Dubai and those who have not seen it ever, yearn to visit Dubai at least once in a lifetime. Acquiring a piece of land in Dubai, Ajman, Abu Dhabi, Sharjah or Fujairah has become a dream to many of the expatriates, therefore, the real estate in Dubai is witnessing a rapid and extensive growth.
03/26/2021 02:10 PM
One-Stop Solution to Data Loss: Introducing the Wonders of Data Recovery
HORRORS OF DATA LOSS Imagine working for hours to finish the project your boss asked you to submit by tomorrow, and then BAM! There was a power failure, and you lost all the unsaved data. Imagine you are on a roll, clearing space from your mobile/PC by deleting all the unwanted files and, then, OOPS!
03/26/2021 02:10 PM
Removal Companies Providing Hassle-Free Moving Stress of Moving
Amongst all our stressful events in life, moving houses is one of them. To be fair, it is quite an important change in your life. Besides the pressure of adapting to the new environment, neighbors, new bars and coffee shops, or even new jobs, there lies a hectic job of moving all your loved and valuable items to your new home.
03/26/2021 02:10 PM
Benefits of Selecting the Man and Van London Company
A man and a van, is all that you need to move from one place to another. A man and a van is necessary if you plan to move the house or the office from one place to another. The relocation of office, house, factories, etc.
03/26/2021 02:10 PM
Relocate With MTC London Removals Company
The London Removals Company is the best option if you are in London, UK. Every week approximately 50 offices and homes are moved by the company. The company works hard to compete with its opponent.
03/09/2021 05:56 PM
A Beginner's Guide to Dominican Republican
Locating on island of Hispaniola in the Caribbean region, Dominican Republican is a nation with two countries shared island. Dominican Republican is the second largest Caribbean nation after Cuba both by population and area. Its island is occupied by Haiti nation. Its motto is "Dios, Patria, Libertad". In English, "God, Fatherland, Liberty" is the motto of the country.
03/01/2021 09:06 AM
Will Rising Interest Rates Threaten Our Fledgling Economic Recovery?
In less than two months, since the beginning of January till the end of February, the 10-year Treasury Note yield had increased by a stunning 54.9% percent, from 0.91% to 1.41%. Some argue that this increase in the U.S. Treasury yields is caused by the improving economy, but the strongest underlying factor seems to be a fear of an upcoming inflation attributed to government's printing (borrowing) and spending money. The increasing cost of credit will affect the housing market, putting a downward pressure on its prices and affordability. The housing market is critical to the overall health of the economy as it affects many jobs, consumer spending and the overall wealth of our nation. While there are signs of a fledgling economic recovery, another presumably well-intended stimulus, can be counterproductive and harmful. The focus should be on wisely using the unspent stimulus money, which Congress had already approved last year, keeping the interest rates low and re-opening the economy while the vaccination efforts gain momentum and the Covid infections and deaths go down.
02/24/2021 11:09 AM
5 Things You Need From Your Real Estate Attorney!
In my, over 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I have witnessed, many real estate attorneys, and, how, some, harm the process/ deal (get in the way), while others, are, extremely valuable, to the successful process! I always, suggest, one choose a lawyer, who, specializes, in real estate law, so he is familiar with as many of the potential nuances, as possible, in this transaction period! Ideally, the individual, you choose, will protect your interests, but, be part of the solution, instead of, get, in the way, of the deal, by refusing...
02/04/2021 08:30 AM
Bald Head
Sometimes, the name of a location can mislead you. Either you will be pleasantly surprised, or you will be disappointed. Research the location before you visit.
01/27/2021 10:48 AM
5 Ways Low Interest Rates Impact The Real Estate Market
We are currently, undergoing, a period of time, when, mortgage interest rates, are, at, or, near record lows, for a significant period of time. This creates, a series of ramifications, and impacts, when it comes to real estate, especially, as it comes, to creating demand, and, the ability of potential buyers, to buy a home! Obviously, when interest rates are lower, a buyer is capable of buying a more expensive house (for his buck), because, the amount of monthly payments, are a key consideration, in determining, how much, a lender, will approve.
01/27/2021 10:47 AM
The Path to Ninety-Six
People place great importance in acquiring a home, both for practical and for aesthetic reasons. Realize that a location, a name, and even a history of a place, while interesting, may obscure what is really important to you and your family.
01/27/2021 10:42 AM
ECHO: Why Your Home's HVAC System Matters?
Although, home ownership, is often considered, an important part of the American Dream, and, for most of us, the value of our house, represents, our single - biggest, financial asset, many homeowners, tend to pay, an insufficient amount of attention, to what is referred to as, the HVAC (heating, ventilation, air conditioning), aspects, quality, and effectiveness/ efficiencies, etc! If, we should have learned, any essential, valuable lessons, from this horrific pandemic, it is, air quality, and purification, etc, is a key consideration, in taking care of our health, and well - being. How well, and often, our air is cleansed, and re...
01/21/2021 09:01 AM
5 Benefits of Hiring a Good Removal Company
Since moving to a new house requires a lot of arrangements, it can be a stressful experience. Therefore, it's better that you hire the services of a good removal company. These companies have a team of professionals who can take good care of your moving needs.
01/21/2021 09:01 AM
5 Tips to Hire the Right Moving Company
If you are going hire a mover, chances are that you have purchased the house of your dreams. By hiring a mover, you can avoid a lot of stress, especially if you take the time to hire the best provider. Apart from checking out review websites, we suggest that you use word-of-mouth recommendations as well.
01/21/2021 09:01 AM
4 Things To Consider Before Calling A Removals Company
If you are going to relocate to a new house, make sure you consider a few important things before calling a removal company. Hiring a provider without taking your time can cause you to suffer from a lot of stress later on. So, let's take a look at 4 things that can help you make the best choice.
01/15/2021 09:07 AM
6 Considerations Seniors Should Make For Their Housing Needs!
For most Americans, the asset value, of their house, often, represents, their single - biggest, financial asset, so, doesn't it make sense, for Senior Citizens, to pay keen attention, and consider, how it, might impact, their personal, financial security, into the future! Where, and how, might, one, want to live, and can he afford, to do so? Does one's existing home, serve his future needs?
01/08/2021 11:35 AM
The Property Block: A Legend in the UK Housing Industry
In recent times, there has been a lot of news of encroachment of green areas to build homes, a lack of affordable homes in the UK, etc. All of this points to a crisis in the UK Housing Industry. However, there are a few who have revolutionized the industry.
01/06/2021 10:10 AM
Buy Your Dream House or Sell Your House at the Best Rates With Our Realtors
Introduction When one is thinking about buying or selling a house, there are many hurdles on the way. It is not an easy task to buy or sell a property, especially when you're doing this for the first time. In this society, where everything is available on the internet, it is easy to find sellers or buyers of houses, but finding the right client is difficult.
01/01/2021 04:53 PM
How Will You Make A House, Your HOME?
How can someone, transform, a house, which is merely, a piece of real estate, and a financial asset, into a HOME, and hopefully, the home - of - one's dreams? Although, we call the process, potential buyers, house - hunting, once, one, owns it, we refer to them, as homeowners! After, more than 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I have come to believe, someone, only, fully enjoys, and appreciates, their house, when they consider it, in a more, emotionally - connected state, of being a homeowner!
12/28/2020 06:27 PM
Rent, Coop, Condo, Single - Family, Multi - Family?: Which Is For You?
Since, there is no such thing, as, one - size - fits - all, especially, in terms of selecting, the housing, which, makes the most sense, for an individual's specific set of needs, priorities, uses, and financial abilities, wouldn't it make sense, for all of us, to clearly, understand the differences, and be better able, to determine, which type, might be best, for them? Some rent, while others purchase! For certain people, buying a Cooperative Apartment, makes the most sense, while others, prefer, living in a condominium.
12/07/2020 08:56 AM
6 Probable Intermediate - Term Changing Real Estate Trends
After, more than 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I have witnessed, a variety of different, so - called, real estate markets, including: Sellers Market; Buyers Market; and neutral/ balanced ones. I've seen high, mortgage interest rates, low ones, and it seems, everything, in - between. The rules, of, Supply and Demand, have, dramatically, fluctuated, from time - to - time!
12/03/2020 08:43 AM
The Essential MAPS Of Real Estate
A large percentage of the financial assets, in the United States, are invested in some form/ forms of real estate. For most Americans, the value of their family home, represents their single - biggest, financial asset. In addition, some of the other real estate vehicles, used, include: personal housing; owner, and/ or, non - owner, occupied, multi - family properties; investing in commercial buildings, rental houses, apartments, and/ or, participating in Real Estate Investment Trusts (REIT), and/ or, partnerships, etc.
11/25/2020 02:08 PM
Home Ownership: Prepare For These 6 Repeating Expenses!
For, many people, an essential part, of the so - called, American Dream, is owning, a home, of their own! When, and if, one is properly prepared, and, proceeds, with his eyes, wide - open, and realizes, realistically, the expenses of home ownership, he will generally, avoid, many of the challenges, and prepare, accordingly. Unfortunately, many, believe, and consider, only, the original expenses, such as putting - together, the down - payment, and qualifying for an affordable mortgage.
11/19/2020 09:05 AM
5 Factors, Post - Pandemic, Impacting Real Estate
With, all the other, awful impacts, from this horrific pandemic, it is challenging, to consider, the post - pandemic, impacts, on the overall real estate market. The mind - set, and, combination of fears, concerns, needs, priorities, perceptions, combined with the stresses, related to the virus, itself, made many people, reconsider their real estate needs, and desires, now (at - present), and into the future. In my, over, 15 years, as a Licensed Real Estate Salesperson, in the State of New York, I have observed, and witnessed, a variety of market - types, but, those, were predominantly, created, by economic...


home | site map | contact us
infolinks.com/js/infolinks_main.js">