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Key takeaways. It is possible to negotiate real estate commissions, but it ultimately depends on the individual agent's circumstances. Real estate commission rates used to typically total around 6 ...
From record-high mortgage rates to limited supply, the housing market has changed significantly over the past few years. If you are hoping to buy or sell your home this year, it is important to...
Mortgage Points "Mortgage points can also be negotiated and be a big cost savings for the buyer," Herman said. "If the seller pays part of the mortgage and if the property is worth over a million ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
A great real estate agent can streamline the buying process. Don’t underestimate the power of a great agent. It might take time to find the right person, but don’t give up on the search.
That means you might be able to get a good deal — but it could also potentially be an indicator that something’s wrong with the house. Consult your agent to weigh your options. 8.
In construction law and real estate, exculpatory clauses are sometimes included in nonrecourse loans to minimize personal liability for the borrower. [5] Exculpatory clauses are also applied more generally in construction law to immunize a person from the consequences of his/her negligence, though this application is subject to stringent ...
When it came time to list their five-bedroom, three-bath home with a real estate agent -- and agree on the commission they'd pay -- Nancy and Rick Razzano of Wayne, Ill. got a surprise. "The agent ...