REAL ESTATE 101

By
Real Estate Agent with Jack White Real Estate

Just to test your real estate savvy, let’s take a little test. It’s not as much fun as those in Cosmo or GQ, but might be interesting.  AND I will give you the answers right away, no waiting for the “next issue”.

 

True or False:  I can sell my own home on Craig’s List!

TRUE – However, can you protect yourself and your asset?  Using a REALTOR will help with negotiation and deal with the process.  MOTO: Ask a Doctor to perform surgery; ask a REALTOR to sell your home.

 

Yes or No:  What if I don’t like my REALTOR, can I fire them:

Yes – I wouldn’t go all “Donald Trump” on them, but if you are not currently in contract on the sale of your home, or the purchase of a home, you can cancel your listing contract or your buyers representation agreement under these conditions:

Failure to perform

Misrepresentation

Illegal activities

 

True or False: I need to have all the repairs make to my house before I call a REALTOR.

False:  Determine for yourself what is more important,; do you want top dollar for your house, or do you just need to move quickly and don’t have time or money for repairs?  It’s when you want both of these things that it gets tricky!

 

Yes or No: Should I spend a lot of time on the internet looking at homes before I go “hunting” with a REALTOR?

YES!  This type of “hunting” isn’t with a gun it’s with KNOWLEDGE!  Knowing what you want and weeding out those that you don’t is a huge help when it comes to home buying.  It saves time and money.  It helps you with price ranges, neighborhoods, commutes – you can eliminate so much just by spending a few hours on line first. 

 

Let’s pick this up tomorrow – how are you doing so far?  If you get them all right, there may be a cookie in it for you! (don’t count on it)

 

Enjoy the day! – Cora Carleson, Remax Dynamic of the Valley, Wasilla Alaska

Comments (2)

Bill MacBride
Ski-in/Ski-out, Luxury homes, Second Home Buyers - Mammoth Lakes, CA
Mammoth Lakes Resort Real Estate

HI Cora,

Good post. I liked the question about selling a home on Craig's list.

Stay warm this Winter!

Sep 20, 2011 06:11 AM
Cora Carleson
Jack White Real Estate - Wasilla, AK

I am new at the blogging thing - old at the realtor thing!

Sep 20, 2011 08:28 AM