Comparing Opendoor and Offerpad: a Comprehensive Analysis
Selling or buying a house quickly can be tough. Enter Opendoor and Offerpad, two big names in the iBuying world. Let’s breaks down how they work, making it easier to choose between them. Overview of iBuyers What Are iBuyers?iBuyers are real estate companies that use technology to make instant cash offers on homes. They aim […]
What Is A Real Estate Buy Box & How To Utilize It
Quick Answer Refers to the criteria or parameters that real estate investors or buyers use to purchase potential properties. It is set of guidelines that define the characteristics of properties that a buyer is interested in. The buy box can include many factors depending on the investor’s strategy, price range, and personal preferences. You use […]
Why Houses Fall Out of Contract & Return to Market
Houses fall out of contract all too often – leaving sellers feeling frustrated and buyers disappointed. The impact on sellers is significant; as failed deals mean starting over; which often delays closing dates or lowers final sales prices due largely because future potential home buyers may see warning signs given past negotiations that have failed. […]
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 […]
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 […]