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10 Things Your Realtor Can't Tell You

Reblogger
Real Estate Agent with Coldwell Banker Lake Country 284620

Choosing a new home is a team effort between you and your trusted Realtor - but there are some questions that you'll have to investigate on your own.  There are some great online resources that score neighborhood safety and school quality, for example - but my caveat is that those metrics mean a lot more for city and suburban areas with high polulation density. When you get out to the Lake Country, where 80,000 people share 5 counties and about 2000 square miles, you're likely to get better information by stopping by the sherriff's office and the schools, and talking to folks you meet around town. Nevertheless, as Realtors we are bound by law to avoid discussing certain things.

Here's a terrific summary:

Original content by Mimi Foster

Over the past few decades of selling real estate, people often ask questions I can't answer, either because of laws preventing disclosure, or because so many of the questions are subjective and change from person to person or situation to situation. Here are some common questions your Realtor can't tell you:

  1. Is it a safe neighborhood?Realtor can't tell you if neighborhood is safe

    This is probably the question I get asked most often. I can't possibly answer that, but I can direct you to either the local police department for crime statistics, or to online sites that can give you area crime reports. Regardless of what the current status of a neighborhood is, something could happen next week that might change your comfort levels.

  2. Is this a family-friendly neighborhood? (Or conversely - We don't want to live near children.)

    Familial Status is a protected class under local and federal laws, so it's not legal for a Realtor to steer a client to an area that does or doesn't have children. If you want to be in child-friendly areas, you might look at homes near schools. To qualify as a Senior Only community, there are federal guidelines that must be adhered to, and exceptions cannot be made for some families and not others.

  3. Is this a good elementary/junior high/high school?

    As with many areas of housing, "good" and "safe" and "clean" are all subjective, meaning everyone's opinion can be different. For questions like this, statistics can be found online for certain school criteria. Once you've identified a home that interests you, you might also want to ask neighbors, or speak with teachers and staff at the school you're considering.

  4. Realtor can't tell you about religious neighborhoodsCan you find us a Catholic neighborhood? (or Jewish, or Mormon, or hispanic, or Lebanese, etc.)

    Not only is religion a protected class, but so are nationalities. A Realtor can't possibly know what your criteria might be, nor is "steering" in any way legal. If there are specific places where you would like to live, specific neighborhoods where your friends live or where your group meets or where your church is located, then we can certainly show you homes in areas you request, but please don't ask us to specify those neighborhoods for you.

  5. Are there sex offenders in the neighborhood?

    Megan's Law requires convicted sex offenders to register their address with local officials. This information is available to the public. You may check the public records, or, for a nominal fee, get up-to-the-minute information from the police department in the locality of where you're considering a move. Since all information is subject to change (and not everyone registers how they're supposed to), if this is an area that's important to you, make sure you're comfortable with the information you gather.

  6. We want you to advertise our house to single, young professionals.

    Um . . . no. Besides other things, you can't discriminate based on marital status (this is considered discriminatory against someone who is not single) and age is protected (you can't solicit to exclude the elderly).

  7. Realtor can't tell you if your home value will increaseWill the house I'm buying go up in value?

    If we had a crystal ball, we might better be able to answer that question. In 2007 when the market was hot, people thought they couldn't lose. Then 2008 happened, and we are slowly recovering. There are too many variables - area considerations, economy (especially local), style, etc. But if you liked the house when you bought it, chances are, when it comes time to sell, someone else will like it as well, especially if it's in good and clean condition.

  8. Can we build a garage on the property?

    Each municipality has different laws regarding setbacks and variances. If building a garage is important to you (or a shed or a separate structure or modifying the structure that currently exists), I recommend you check with your local building department to find their specifics for what you have in mind.

  9. What's the standard real estate commission?

    THERE IS NO STANDARD REAL ESTATE COMMISSION. I can tell you what my company charges as standard practice, but commission is negotiable and I can't speak to what any other company or agent charges.

  10. Why do Trulia and Zillow advertise five bedroom houses for $50,000 on five acres in the mountains that were never available?

    definitely can't answer that question. Please stop asking.

    Realtor can't tell you why Trulia advertises homes that aren't for sale

 

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If you would like to search for Homes for Sale in Colorado Springs,

or for any of your other real estate needs,

please contact your Colorado Springs Realtor

 Colorado Springs Realtor Mimi Foster

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Selling homes throughout Colorado Springs, Old Colorado City,
Manitou Springs and surrounding areas
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facebook horse-and-home-georgia  Jeanne Dufort on Zillow

 Are you thinking dreaming about a place that will nuture your soul, bring your family together, or give you a chance to give back?  Whatever your dream, I'm committed to helping you explore how Georgia's Lake Country fits in. Located midway between Atlanta and Augusta, the lake country offers two recreational lakes, plus wonderful historic small towns with a commitment to sustainable agriculture. Lets talk.

Jeanne Dufort

2010 Realtor of  the Year

Lake Country Board of Realtors

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Comments (4)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

This is a worthy reblog...thank you for resharing it with all of us!

May 22, 2016 11:49 PM
Jeanne Dufort

Thanks Kristin - I found it thanks to Barbara Todaro!

May 22, 2016 11:59 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

You pick a great re-blog for us here in the rain.  Hope you have a great start of the week.

May 22, 2016 11:51 PM
Jeanne Dufort

Thanks, Will - it was a busy weekend and my Monday started with a closing - it will be a terrific week no doubt!

May 23, 2016 12:00 AM
Mimi Foster
Falcon Property Company - Colorado Springs, CO
Voted Colorado Springs Best Realtor

Thank you so much for the reblog, Jeanne. These are questions those of us in 'the big city' hear often. ;) 

May 23, 2016 01:50 AM
Jeanne Dufort

you provided great content - happy to share!

May 23, 2016 08:32 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Wow!  Great one to re-blog, Jeanne!  And, your suggestion, go to the local sherriff's office and schools and ask those questions which WE CANNOT ANSWER!!  

Sep 02, 2016 02:35 PM
Jeanne Dufort

The beauty of small towns is that you can just wander in to these places and engage with real folks who will likely "tell it like it is"!

Sep 02, 2016 08:48 PM