If you’re selling your home and it’s currently vacant, you may think those empty rooms are the perfect clean slate for potential buyers to imagine their ideal décor. But properly staging your rooms can instantly make your home more emotionally appealing.
While we can’t control the kind of real estate market we are in, we can control the brand and agent that we use when buying or selling our home – the largest financial investment most of us have. Discount brokerages and independent companies pop up when the market is strong; and oftentimes they will entice home sellers to work with them for lower fees. If you’re thinking of selling your home, regardless of the market conditions, brand matters.
In December of 2015, Redfin rolled out its new Automated Valuation Model (AVM) tool, otherwise known as the “Redfin Estimate”, to compete with Zillow’s AVM tool, the “Zestimate”, plus others. It’s been over 10 years in the making, and Redfin wanted to get it right.
Buying, First Time Buyer, Luxury Market, Real Estate Broker, Selling, Real Estate Market Trends
If you are considering buying or selling a property, be prepared to see a FIRPTA Form included in the transaction. Established in 1980, FIRPTA stands for Foreign Investment in Real Property Tax Act, and authorizes the US to tax foreign persons on the sale of real property*.
Buying, First Time Buyer, National Real Estate, Real Estate Broker, Selling, Real Estate Market Trends
You may have heard new acronyms thrown around in the media recently – CFPB, TRID, RESPA, and TILA – and wondered what they are and if they will have any impact on you. If you plan on buying or selling a home in the future, you will want to pay close attention to the new regulations aimed at the home loan and closing processes.