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Qualification vs. Pre-Approval
Unqualified or unapproved home buyers are at a disadvantage You will hear the terms Pre-qualify and pre-approve throughout the home buying process. It is a step whereby a lender looks at a borrower and determines two things 1) do they qualify for the mortgage product...
How are Real Estate Agents Paid
Commissions and Splits As a Real Estate Agent, I often get asked how I am being compensated. Real Estate Agents get paid through a transaction at the end of each sale. This is known as commission. Real Estate Agents are not paid an hourly wage or salary. In other...
Inspections vs Appraisals
Homebuyers!! Don’t be too quick to waive your inspection. Both Appraisals and Inspections are part of any real estate transaction. While they both can appear to be similar in nature, there are distinct differences between the two. The primary difference lies in the...
Working With A Real Estate Agent
If you’ve ever been to an open house or come in contact with a Real Estate Agent, you’ve probably been introduced to the Working With a Real Estate Agents brochure and not just once, but every time you visit. The reason is to protect you. Real Estate agents are...
How are Real Estate Agents Paid
As a Real Estate Agent, I often get asked how I am being compensated. Real Estate Agents get paid through a transaction at the end of each sale. This is known as commission. Real Estate Agents are not paid an hourly wage or salary. In other words, if a Real Estate...
More Reasons to Hire a Real Estate Agent
Are you getting top dollar for your home? No matter how long you have lived in your home, a real estate professional in the local area will know considerably more about the sale price history and market trends than you do. Why? Real Estate agents are paid a percentage...