real estate: What your real estate agent may not tell you
- 11/16/13 11:10 PM
Five things real estate agents seldom mention to potential clients: Maybe I'm exclusively a buyer's agent, but I'll still make money when the agent I recommend to list your house sells it. I will be paid a referral fee from the commission you pay the listing broker, and you will receive nothing of value for that portion of the commission. When I brag that I may get your house sold before it even hits the MLS, I'm really saying that I hope to convince you to accept an offer from a buyer I supply, or one supplied by my brokerage. There (1 comments)
real estate: Should you invest in residential real estate?
- 04/12/13 12:32 AM
There are a lot of folks who feel that the best possible investment right now is single family rental property. Not only are individuals pursuing low cost homes to own and rent out for income, but there are a fair number of corporations doing likewise. The corporations are buying where the prices are most depressed, and where the upside opportunities seem greatest over the longer term. Investment buyers have probably contributed significantly to the recent home price increases and lower overall inventory. When compared to other investments, is real estate really that good? It's hard to say because, like buying cars, (8 comments)