How does Zillow Make a Profit Revealed
Zillow is a household name when it comes to online real estate, but have you ever wondered how they actually turn a profit? While searching for your dream home or browsing rentals might seem like a free service, there’s a complex business model behind the scenes. In fact, they provide tons of great real estate […]
Will the Austin Housing market crash in 2024 or 2025
Quick Answer No, probably not. In order for a housing market to crash you need to usually have Forced selling High unemployment High inventory Currently that is not the case Austin or anywhere in the country. Austin, TX had huge price increases in the last few years. But did rising interest rates cool off one […]
What Makes a Mansion Different from a Regular House
Quick Answer A mansion is a large and luxurious residence, typically a very large and impressive house that occupies a lot of land. The size of a mansion is typically measured in square feet, with the average mansion ranging from 5,000 to 10,000 square feet. The average cost of a mansion in the United States […]
The Differences between a Ranch and Farm Explained
In the United States, there are currently 2.1 million farms, of which 1.75 million are classified as “ranches” and the remaining 350,000 are classified as “farms” (USDA, 2019). Ever want to know the difference between a farm and a ranch? What is a Farm A farm is an agricultural status quo that makes a speciality […]
What exactly is Rubs in Real Estate and what does it do
Rubs is an acronym for “Rental Unit Building Standards” and is a hard and fast of rules and regulations that landlords have to follow when renting out their units. Definition of Rubs in Real Estate In the arena of real estate, Rubs, or Ratio Utility Billing Systems, are a famous utility management solution utilized by […]
Who Bears the Burden of Title Insurance Costs in Texas
In Texas, responsibility for title insurance can vary depending on the type of policy and local market norms. Here’s a breakdown: Lender’s Title Insurance: Always required: Lenders will require the buyer to purchase a lender’s title insurance policy. This protects the lender’s financial interest in the property if there are title defects like liens, fraud, […]
Who is responsible for covering closing costs in Texas
Quick Answer Both buyers and sellers have closing costs that they must pay at closing. The seller typically pays the lion’s share of the commission with 6% going to both realtors and about 1% for other closing cost fees. What are Closing Costs Closing costs are the fees and expenses associated with the purchase or […]
How to Write Listing on Craigslist to sell your house
If you need to sell a house instantly and really don’t want to use a real estate agent, Craigslist will work wonders as a tool for selling. This online advertising platform has been in business for several years and has one of the world’s largest user bases. Cost Effective: One reason so many sellers flock to this site […]
What Home costs more: Stick Built vs Modular
Stick-built and modular homes represent two popular options, each offering unique advantages and considerations. In the world of housing construction, lets look at both stick built and modular homes. Which one costs more? What Are Modular Homes Modular homes are a type of prefabricated housing that is constructed off-site in a controlled factory environment. They […]
Should you Tip Your Realtor
Quick Answer Realtors are not typically tipped for their services, as they are paid a commission from the sale of the home. However, some clients may choose to tip their realtor as a gesture of appreciation for their hard work. According to a survey conducted by the National Association of Realtors, only 8% of home […]