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Tag: national association of realtors

December home sales drop 4.6%, as supply hits record low

Home sales were weaker than expected in December as mortgage rates rise.

Dr. Martin Luther King Jr.’s most challenging struggle was housing

As real estate pros, it is vital that we understand the historical context and the lasting implication of "location, location, location," especially if it is wielded to exclude, devalue or separate.

What is MLS? Multiple Listing Service Explained

What is MLS? The Multiple Listing Service (MLS) is a database of real estate listings. Here’s everything you need to know about the online resource.

The post What is MLS? Multiple Listing Service Explained appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

The Cost of Selling Your House Without an Agent (What You Can Expect)

Selling your house is a major undertaking, and you may think the best way to get a high return on investment is to handle the entire process yourself. It makes sense that you would first think to avoid a real estate agent or Realtor when selling your home. Many potential buyers also look for properties that are FSBO (for-sale-by-owner). This can lower closing costs and leave both parties with more cash in their pockets. Most agents collect a commission fee from the home seller, which can cost between 6 to 8% of the final sale price. So, if your house closes for $350,000, you could expect to pay between $21,000 to $28,000. On top of what’s left on your mortgage, this could seriously impact how much you take away from the entire deal. However, there are perks to using an agent as well. Agents provide you with a level of … Continued

The post The Cost of Selling Your House Without an Agent (What You Can Expect) appeared first on FastExpert.

How to Reach Out to a Real Estate Agent (And Sell Your Home Fast)

Buying or selling a house is a huge deal, and it’s one of the most important financial choices you’ll ever make. That’s why choosing an experienced real estate agent to help you through the process is crucial. There are plenty of real estate brokers fighting for the job via internet advertisements, postcards, and yard signs, but with so many to choose from, it can be difficult to choose the ideal one. Reaching out to a real estate agent, on the other hand, might be challenging, especially if you’ve never had to work with one before. If you want to learn how to reach out to a real estate agent, follow this guide to learn each and every step you need to take to do so successfully. How to Easily Connect with a Real Estate Agent Use a Real Estate Platform Like FastExpert One of the easiest and most intuitive ways … Continued

The post How to Reach Out to a Real Estate Agent (And Sell Your Home Fast) appeared first on FastExpert.

How Much Money Does a Real Estate Agent Make Per Year? (By State)

Real Estate Agents can make a substantial amount of money per year with the right skill set. This varies state to state and of course there can be other contributing factors. How much money an agent makes can rely on how the market fared that year, their years of experience, the variety of cities they worked in, negotiation skills, and the types of properties they helped their clients buy or sell. According to the U.S. Bureau of Labor Statistics, the most recent data shows the average annual wage for real estate sales agents was $49,040 as of May 2020. The 2021 numbers have not yet been published. These average salaries depend on the state, since home prices and commission percentages are varying factors. Although these numbers are the national average, real estate agents can potentially earn a 6-figure income without a college degree. A college education isn’t required, but you’ll … Continued

The post How Much Money Does a Real Estate Agent Make Per Year? (By State) appeared first on FastExpert.

6 Tips for Hiring the Best Real Estate Agent

Property buying and selling are major financial decisions you need to make in life, and as such, it is worthwhile to hire a professional to handle the matters on your behalf. Although many real estate agents are readily available, hiring the right one will give you a hassle-free and successful experience. This article is your perfect guide on how to hire a trustworthy and reliable real estate agent. It is essential to note that real estate agents have different specializations. For example, they can specialize in residential, commercial, land, or any other type of real estate. As such, it is best to choose an agent with more experience in the kind of transaction you need. How to Hire a Real Estate Agent Now to the most important part… How do you make sure you get the most appropriate real estate agent for your needs? Here are our top tips on … Continued

The post 6 Tips for Hiring the Best Real Estate Agent appeared first on FastExpert.

How to Find an Experienced Real Estate Agent in 5 Easy Steps

When it comes to working, we want our colleagues and superiors to have experience. We want them to be familiar with the tasks and processes so that things become easier. This is the same with investing in real estate. We want our real estate agents to be experienced, whether as an agent or as an investor, so that confusion and misunderstandings are avoided. In this article we’re going to cover how to find an experienced real estate agent and where you can connect with them. An experienced real estate agent will have knowledge of the common problems that arise in buying or selling property, making them capable of presenting optimal solutions. For this reason, having an experienced real estate agent guide you through the whole investing process will make it easier. This article will assist you in finding the best agent for your real estate needs and why you need … Continued

The post How to Find an Experienced Real Estate Agent in 5 Easy Steps appeared first on FastExpert.

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