Some homeowners opt to sell their residence without a real estate agent to get around paying a commission and make more of the profit. Forty-three percent of people (down from 48 percent last year) who sell without a real estate agent think that if they sell themselves, they’ll end up doing a little extra work… Continue Reading Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think
Home stager: Libby Paulson with Preferred Staging The home: Paulson staged this remodeled, single-family country estate in Gaithersburg, Md., which featured cathedral ceilings, a two-story stone fireplace, gourmet kitchen, formal living and dining room, two staircases, and a walkout basement with full kitchen and bath. The home is listed at $709,500. Photo credit: Libby Paulson, Preferred… Continue Reading Staged to Sell: A Country Estate in Gaithersburg, Md.
If new buyers do not reset security applications/passwords, the sellers may still have access to front door locks, garage doors, cameras/microphones inside the home/bedrooms, thermostats, other connected devices after closing. SCR contract requires sellers to provide all "codes" and "documents" which would include the passwords to change the surveillance app access and other connected devices.… Continue Reading Buying a Smart Connected Home? Ensure the Seller Can’t Spy/Unlock
Reinvention, materials, technology, design, and time management. From one extreme to another, what will happen to the former Ford plant in St. Paul? What do beaches have to do with buildings? Bill Wren/flickr/2010 Where was this technology during last weekend’s heat wave? Keep up with the technologies that home buyers and sellers expect of you.… Continue Reading What We’re Reading: July 2-6
More contracts are being settled on time, according to a survey of REALTORS® in the May 2018 REALTORS® Confidence Index Survey. The monthly survey asks REALTOR® respondents: “Think of your most recent sales contract in the past 3 months that was either closed or terminated. Please explain how the deal concluded.” Among respondents who either… Continue Reading Home Purchase Contracts Are Increasingly Being Settled on Time
The General Assembly saw that commercial leases give much value to the real estate, much like a tradesman gives value when installing kitchen equipment in a restaurant, etc. So, commercial leasing can enable you to use the mechanic's lien statute. https://www.scstatehouse.gov/code/t29c005.php SECTION 29-5-21. Services of surveyor and real estate licensee as improving real estate; real… Continue Reading Commercial Leasing, Mechanic’s Lien for BIC’s
By Bronwen Leibe Hi there! I am this summer’s research intern here at NAR! I attend the University of Maryland (go Terps!) where I am studying economics and history. I have been working on a few interesting reports and learning a great deal about real estate! Currently, I am updating the report “Real Estate in… Continue Reading Harnessing Technology for Everyone
This blog was originally published on June 29, 2017. It has since been updated to reflect new data. Consumers who are seriously in the home buying and home selling market should be mindful of a variety of competing home price estimators. Solely relying on just one price estimate is likely to skew the views of… Continue Reading UPDATED: Online Home Value Estimates Are NOT Appraisals
NAR members and Association staff can borrow up to six electronic books, digital audios and/or videos at no cost, through the Virtual Library eBooks Collection. Members can also borrow up to three books for 30 days from the Library Catalog for a nominal fee of $10. Call Information Services at 800.874.6500 for assistance. Tribe of Mentors by Tim… Continue Reading New Books–July 2018
First-time homebuyers accounted for 31 percent of all home sales transactions of REALTORS® in May 2018, according to the May 2018 REALTORS® Confidence Index Survey. The share of first-time buyers has hovered at about this level for most of the housing market’s recovery since 2012. The share of first-time buyers not increased even with the… Continue Reading 25-34-Year-Old Population Has Been Rising, But Not Household Formation