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Real Estate General Information

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Recent blogs on Real Estate General Information
By Leanne Smith, The Grit and Gratitude Agent
(Dirt Road Real Estate)
For those seeking vacant land as well as residential properties, zoning is an important due diligence action though often overlooked. Here in Mohave County, the acreage of numerous vacant land parcels might be less than the current zoning ordinance. What is required is contacting the County and specifically asking about zoning. The reason zoning is important is zoning can restrict the dreams of the potential buyer. Additionally, sometimes listing agents fail to undertake their due diligence.For example, much of the vacate land here in Golden Valley and other areas of Mohave County is zoned Agricultural/Residential (Ag/Res). A complete search of zoning may show Ag/Res, but the actual permitted acreage may conflict with the actual acreage of the parcel.  For example, what may result is 5 ...
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By Nathan Gesner, Broker / Property Manager
(American West Realty and Management)
Understanding Liability Risks in Real Estate Investing and How to Mitigate ThemInvesting in real estate can be highly lucrative, but it also comes with its share of risks. As a landlord, you are responsible for the safety and wellbeing of your tenants, the condition of your property, and compliance with a host of local and federal regulations. These responsibilities open real estate investors up to significant liability risks. However, partnering with a professional property manager like American West Realty and Management in Cody or Powell can greatly reduce these risks, ensuring your investments remain profitable and protected.The Liability Risks of Real Estate InvestingProperty Damage and Maintenance IssuesOne of the most common liability risks landlords face is property damage. Whet...
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By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
This blog does a fantastic job explaining the importance of comparables in real estate! Understanding how to use comparables can help sellers price their homes accurately and buyers make informed offers. Thanks for breaking down this crucial concept so clearly!Have a super fantastic week!Joe Jackson, Realtor-KWCP If you are not familiar with real estate terms, the vernacular can be confusing and overwhelming. It truly is like learning a new language!  But we are here to help. Today we will talk about comparables (or comps).  Comparables (comps) is a real estate appraisal term that refers to properties that are similar to the property of which the value is being sought. They are properties in the same area that are around the same size, in similar condition, and have similar features. Wh...
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By Sam Miller, Knox County Ohio Real Estate Specialist
(RE/MAX Stars Realty)
The internet has made it super easy for scammers to take advantage of unsuspecting people.  I made this short 1-minute video to create an awareness of 7 red flags you should watch out for when it comes to online rental advertisements. When the person whop is renting the property doesn't want to meet with you in person at the property. They seem pushy and want you to move in immediately without walking through or taking a tour of the rental property. They try to get you to send them money before you sign a lease. You look at the online photos and the rental looks way too nice for the price. The online photos of the rental look like they were taken of a house or property in another state or country and the photos of the rental don't look like something you would find in your community. Th...
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By Sandra Nickel, The Hat Team
(Sandra Nickel REALTORS)
If you are not familiar with real estate terms, the vernacular can be confusing and overwhelming. It truly is like learning a new language!  But we are here to help. Today we will talk about comparables (or comps). Comparables (comps) is a real estate appraisal term that refers to properties that are similar to the property of which the value is being sought. They are properties in the same area that are around the same size, in similar condition, and have similar features. Whether you are buying or selling a home, you can learn a lot by comparing similar homes.Buyers will use comps to help them decide what price to offer on a home, while sellers will use them to determine the best list price for their home.  Realtors utilize comps on a regular basis to keep track of the local market.On...
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By Patricia Feager, ABR,CRS,GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
Flower Mound, Texas was incorporated in 1961 which means the probability of getting an older home before 1980 is very rare. If you find an older home from the 1980's or 1990's, most likely it has been updated and/or renovated to comply with safety codes. Otherwise, if the price is right, you could get a deal and make your own upgrades.What many people find most attractive, besides the look and feel of an urban/rural environment in Flower Mound, are financial benefits. Higher taxed states are good reasons to explore the many possibilities for home ownership. Home exemptions are a perk too! Flower Mound is ideal for people who travel because of its close proximity to DFW International Airport. Also, mild and shorter winter seasons makes a difference in quality of life benefits. Flower Mou...
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By Michael Elliott, Burlington, New Jersey Residential Sales
(Fathom Realty)
While the stack of paperwork in the above photo is an exaggeration for a typical residential real estate transaction, some files do get pretty thick, even in this "going paperless" world.If I  recall correctly, all I needed when listing a property in 1984-1985 was a signed listing agreement and a polaroid picture for the black and white MLS.  Room sizes were a bonus.Also, I do not remember buyers getting home inspections, which when printed out, need a big binder clip for their 41 pages.  They became commonplace shortly after I got started.What we did NOT have in the early to mid 1980's was:1.  Consumer Information Statements.2.  Informed consent to dual agency.3.  Lead Paint disclosures.4.  Seller disclosures.5.  Covid 19 Hold harmless forms.6.  Home warranties.  (Not that I recall, bu...
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By Michael Elliott, Burlington, New Jersey Residential Sales
(Fathom Realty)
The following is a list of municipalities (not zip codes) where I have listed or sold real estate in during my career.  While Hamilton and Burlington are my top two towns, as you can see, I have sold in many other towns.  I am sure I forgot a couple of them. AllentownBordentown CityBordentown Twp.Burlington CityBurlington Twp.Cherry HillChesterfieldDelranDeptfordEastamptonEast WindsorEveshamEwingFlorenceGloucester Twp.HamiltonHightstownHopewell BoroHopewell TownshipKeansburgLawnsideLawrenceMansfieldMoorestownMount HollyMount LaurelNorth HanoverPemberton Twp. PenningtonPlainsboroPlumstedPrincetonRobbinsvilleSpringfieldTrentonUpper FreeholdWenonahWestamptonWest WindsorWillingboro Please contact me for your real estate needs in any of these 38 towns at (609) 864-8164.https://michaelelliott...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Welcome to your charming Pueblo home! This delightful 3-bedroom, 2-bathroom residence offers a perfect blend of comfort and convenience, making it an excellent canvas for those with a vision. As you arrive, you'll appreciate the ample parking options, including a 2-car detached garage and a 2-space covered carport, ensuring plenty of room for vehicles and storage. The covered front porch invites you to relax and enjoy all four of Colorado's beautiful seasons. Step inside to find a cozy living room with hardwood floors that extend into the two main-level bedrooms, providing a warm and inviting atmosphere. The kitchen includes all appliances and a built-in hutch/pantry for added storage, ready to meet your culinary needs. Venture downstairs to discover a finished basement boasting a spaci...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Hey Mom and Dad, come and live in our Guest House! Are you looking for a home with a guest house or casita for sale or even a big 5,000+sf multi generational home for your parents? I track them all for my buyer clients here in the Phoenix Arizona metro area and UPDATED DAILY. Read on. (Photo: Erika Wittlieb, Pixabay)Assessory Dwelling Units (ADUs) are smaller independent residential units located on the same lot as a stand alone single family home. Here are the latest, Assessory Dwelling Unit, Casita, NextGen Homes For Sale with GUEST HOUSE Phoenix metro of Arizona on the MLS UPDATED DAILY. As your Buyer's Realtor, I track homes for sale which include an ADU, guest house, casita or are a larger multi generation home that could be great for you! Read on for more. ALWAYS UP TO DATE Homes ...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Even if you didn't own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people, and many now live with the worry that something like that could happen again. But rest easy, because things are different than they were back then. As Business Insider says:“Though many Americans believe the housing market is at risk of crashing, the economists who study housing market conditions overwhelmingly do not expect a crash in 2024 or beyond.”Here’s why experts are so confident. For the market (and home prices) to crash, there would have to be too many houses for sale, but the data doesn't show that’s happening. Right now, there’s an undersupply, not an oversupply like the last time – and that’s true even with the inventory growth we’ve...
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By Will Hamm, "Where There's a Will, There's a Way!"
(Hamm Homes)
Arvada, COMon Jul 08 2024This week the median list price for Arvada, CO is $730,000. Median List Price $730,000 Median Price of New Listings $700,000 Per Square Foot $286 Average Days on Market 49 Median Days on Market 21 Price Decreased 50% Price Increased 4% Relisted 6% Inventory 268 Median Rent $2,915
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By Will Hamm, "Where There's a Will, There's a Way!"
(Hamm Homes)
Wheat Ridge, COMon Jul 08 2024This week the median list price for Wheat Ridge, CO is $775,000.  Median List Price $775,000 Median Price of New Listings $725,000 Per Square Foot $367 Average Days on Market 38 Median Days on Market 21 Price Decreased 44% Price Increased 2% Relisted 2% Inventory 54 Median Rent $2,088
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By Will Hamm, "Where There's a Will, There's a Way!"
(Hamm Homes)
Westminster, COMon Jul 08 2024This week the median list price for single family homes Westminster, CO is $597,000.  This week the median list price for condos Westminster, CO is $388,000.For Condos market: Median List Price $388,000 Median Price of New Listings $349,900 Per Square Foot $288 Average Days on Market 46 Median Days on Market 28 Price Decreased 45% Price Increased 2% Relisted 6% Inventory 51 Median Rent $1,960
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
5 Essential Questions to Ask When Choosing a Real Estate Brokerage FirmAre you ready to take your real estate career to the next level? Choosing the right brokerage firm can make all the difference in your success. Here are five critical questions to ask to ensure you find the perfect fit. What Type of Training Will You Provide?Comprehensive training is crucial for both new and experienced agents. Ask if the brokerage offers ongoing education, workshops, and access to industry experts. Quality training programs can significantly enhance your skills and confidence. Will You Provide a Mentor?Mentorship can be a game-changer in your real estate journey. Inquire if the brokerage pairs new agents with seasoned professionals who can provide guidance, support, and valuable insights based on re...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Take your Child to See their new School before moving into your new Phoenix metro neighborhood. If you remember, did you ever have to move when you were young? (Photo: School playground cherylt23 from Pixabay)Hey, kids are people too! Don't forget to also ask your children about their thoughts when buying a new home. It is exciting, sure. New stores, new commute, new church, new neighbors, new post office, new parks....new everthing! New friends for children and missing old friends can be daunting. Did you review the new home and location this with ALL of the right people (including kids) you know? Some of them COULD have an issue that you have not thought of."I have to leave my friends?" (Photo: Child- Petra, Pixabay)Checked new home out with:X Significant OtherX Brother and Sister and...
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By Mike McCann Nebraska Land Broker, Farm & Commercial Property For Sale 308-627-3700
(Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska)
Hey Kearney, NE area folks!  Need a Condo? How about 4 bed, 3 bath, 2 car.Check out 1104 E 56th Street, #21 in N/E Kearney! Room for the family to visit with a lower level family room and 2 beds and a bath.Located just  2 blocks from "N" Ave and 56th Street on a quiet cul-de-sac in the Kingwood Circle complex. Access to both streets for easy commutes.All appliances plus washer/dryer.Only $329,900Go here for more information: https://mach1ag.com/ Or contact Mike McCann @308-627-3700 via call or text or email me: mike@mikemccann.com You can also go here for 33 photos and more information as well: https://www.mystatemls.com/property/11288439/?listshare=5MEA6PAF4M73KT5DXJIFUZC7JE&mp If you would like me to come and take a look at your home, that can be arranged as well.Please note:  This un...
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By Michael Elliott, Burlington, New Jersey Residential Sales
(Fathom Realty)
Unclosed circles lead to sloppy, messy transactions which are more likely to never get to the closing table.  As a commission-only salesperson, that is not what we or anyone else wants.In order to be a good circle-closer in real estate, you need the following:1. The knowledge or experience of  the  steps to close that specific circle2.  Motivation3.  Organizational and attention to detail skillsI am not sure why I am wired this way,  and I must say that my sometimes impatient nature makes me great at wanting all circles closed, or at minimum, in the process of closing.There are literally dozens of circles that need be opened and closed in our business, and a closing cannot occur in most cases without their completion. From marketing and paperwork to attorney review to inspections and so...
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By Sam Shueh, mba, cdpe, reopro, pe
( (408) 425-1601)
                                                                Sam Shueh                                                                BRG Realty                                                                 San Jose, CA                                            (408) 425-1601     SamShuehRealtor@gmail.comGreetings, Here is the statistics from SFBA. Specifically Santa Clara County asking price on homes near job center is dipping slightly more than other areas.  Housing Inventory Snapshot June 27, 2024 County Avg List Price 30 Day Trend Avg Sold Price 30 Day Trend Avg DOM: active/sold 30 Day Trend # Active Listings 30 Day Trend Alameda County, CA Single Family $963,162 -3.2% $1,053,563 -9.3% 39 / 19 2 / 2 750 103 Luxury Single Family $2,389,492 -10.2% $2,179,460 -3.9% 37 / 13 -1 / 1...
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