What Is A Seller Credit And How Does It Work In Real Estate
Buying a house is exciting but comes with high up-front costs. Seller credit can lower these expenses. This article will show how seller credits make buying a home easier and less costly for you. Keep reading to learn more about this valuable tool in real estate. Defining Seller Credit Seller credit acts as a financial […]
Will the Austin Housing market crash
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 […]
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 […]
Who Pays for 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 fees and expenses that a home buyer or seller […]
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 […]
Resetting Zillow’s Days Counter: A How-to Guide
How do you update the listing duration on Zillow to keep your property front and center? We will guide you through the step-by-step process of resetting the number of days since your listing was created, giving your rental property or house a competitive advantage. Let’s explore the hidden features and functionalities that can enhance your […]
A Beginner’s Guide to Becoming a Redfin Partner Agent
Are you a real estate professional looking to expand your clientele and boost your career? Partnering with Redfin, one of the leading online brokerages, could be an ideal opportunity for you. Here are some guidelines on how to become a Redfin partner agent, exploring benefits, prerequisites, and procedure. What is the Redfin Partner Program The Redfin Partner Program is a collaboration between Redfin, […]
Navigating Realtor Salary in Texas
Are you considering a career in real estate and curious about how much a Realtor can make in Texas? According to recent data, the average salary for a Texas Real Estate Agent is around $60,000. Ultimately how much money you can make depends on the number of houses you can sell. Here is what indeed has to say on a real estate agent’s […]
Can an HOA Really Kick You Out
Quick Answer Yes, an HOA can evict a homeowner under certain circumstances. However, it is important to note that the process and grounds for eviction may vary depending on the specific rules and regulations outlined in the HOA’s governing documents, such as the bylaws and covenants. What is an HOA A homeowner association is a […]