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The landscape of real estate agent compensation has shifted dramatically due to a significant lawsuit against the National Association of Realtors® (NAR) and other major real estate agencies. The lawsuit challenged certain practices around agent commissions as unfair, leading to new rules that affect how agents are compensated when a property is sold. Understanding these […]
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The end goal of a property transaction is for both the buyer and seller to come together and say yes to both the price and terms of an offer. It’s very uncommon for either party to be completely satisfied or feel like they’ve achieved the perfect deal, because such a thing does not exist! There […]
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Avoid the trap of mind games during the negotiation stage. Stay calm, professional, and rational throughout the discussions to put your best foot forward. If your offer isn’t accepted, do not become too discouraged! Some markets are extremely competitive, and you have to be respectful of your budget. There will be another property you love […]
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The market fluctuates constantly, so if you want to know what you will need to pay to get the home you want, analyze the market trends! If you are well versed on the market trends, it will allow you to avoid overreacting if your offer is rejected. While a home rejection is always painful, it’s […]
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It’s the moment you’ve been waiting for… You’re ready to submit an offer on a home, which means it’s time to start the negotiations. Watch out for the biggest mistake property buyers make during the negotiation process: not preparing adequately! In order to be an effective negotiator, you must do your research and be knowledgeable […]
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Your most effective home buying process is ultimately going to involve a combination of touring homes online and in-person. The combined approach allows you to efficiently use your time to weed out houses online you don’t like, while also giving you a well rounded knowledge set about the homes you love and want to tour […]
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Relative decisions refers to the way we process information based on the factors available to us at the moment we are making that choice. The concept of relative decision making ties into the home buying process because prospective homeowners must make a relative decision when choosing what properties they like. At any given moment, you […]
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Even when you are in the early days of your home buying journey, you want to start out by touring neighborhoods before getting attached to specific homes. This is an essential first step as it will guide the rest of your home buying search. It’s critical to think about the lifestyle you want to have […]
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We’ve all experienced it before when something looked amazing online and didn’t quite live up to it’s photos in real life. Over the last twenty years, we’ve all come to learn that you can’t believe everything you see on the internet, especially when it comes to the world of real estate. While some photos might […]
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We are so glad you asked! Often people decide they want to buy a home, but they aren’t super clear on the particulars of what they want that home to look like in terms of location, size, features, and price. The outer ring is the first step where you may begin to start looking at […]
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