Why Does Location Matter In Real Estate?

Does location really matter when it comes to buying or selling a house? Actually, yes it does, it is very important. According to foxbusiness.com, any real estate agent will tell you that location is the biggest thing. It will be your best bet for a long term investment and getting in a good neighborhood will be safer for your family. What is a good location? Also according to foxbusiness.com, the first thing is a safe neighborhood followed by good schools. The third thing is convenient access to public places like restaurants and things like that. Next is water access and views, which is never a bad thing to have. The last thing is access to public transportation just in case you don't have transportation or if you have car troubles. These are all great tips and can be very useful for a family that is searching for a house.

Why Use A Real Estate Agent?

This is a very good question, why should you use a real estate agent to buy or sell a home? According to Realtor.com the first and most important to many people is that a real estate agent is there to do what is best for your financial interests. It is basically their goal to protect you financially and find a house that fits your budget. Also, the laws change very often and a real estate agent is going to know all about these laws. Real estate agents know all the good and bad things about properties that most people will not know or find out about without them. These are a few things but there are many more reasons that are vital.

Oldest Real Estate Agent...

How old is the oldest real estate agent that currently is still working? After doing some research on this, I found an article from MSN.com that tells of a 97 year old man that is still currently in the business. There is a broker that has been found out that is 99 years old but brokers are not the same as an agent therefore putting him at the oldest actual agent. I thought it was interesting that he is still in the business at that age. Most people are retired for a long time by that time. It is a great article. http://realestate.msn.com/article.aspx?cp-documentid=25369084 and if you have time you should read it.

How Do They Get Paid?

This is a question that I use to be curious about but finally figured out. How do real estate agents get paid? Basically this is how it works, the agent works for the broker who sets the commission percentage for the agent. When the agent sells the house the broker and agent get a total commission of the sales price somewhere around 6 percent or so. The broker then pays the agent from that money that was earned from selling the house. This is basically how it works.

Most Expensive Home For Sale...

My guess is that I am not the only person that is wondering what the most expensive house for sale as of right now is. So I took the liberty to check it out and see what the price is and where it is at on the map. According to Forbes Magazine at Forbes.com, the house that is going for the most money right now is in Greenwich, Connecticut. The property is Copper Beech Farm and it is 13,519 square feet on 50 acres of land that has a view of about a mile of water. Apparently this is a beautiful piece of land considering the asking price is......$190 million! In fact, it is a beautiful piece of land and you can see it here : http://www.forbes.com/sites/morganbrennan/2013/05/19/asking-190-million-this-is-americas-new-most-expensive-home-for-sale/ . Hope you enjoyed the post.

Haunted House...

What are the rules of selling a house that has a history of being haunted or if there has been a death in the house? Most people don't know that it is sometimes illegal to keep the information of a death within 3 years of owning the house, that is information that you must give out. Some states do not enforce this law and let it be sold as common knowledge that the house is haunted. This kind of property is called, "stigmatized property" and it must be known before the owner can sell the house. This particular section of the real estate class I took last semester was very interesting and it was stressed that it is a good idea to tell the potential buyers of anything that may be happening because chances are they are going to find out somehow. Definitely an interesting thing to talk about and I hope it caught your attention at least a little bit. 

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What Interests Me About Real Estate...

The reason I am writing about what made me interested in real estate is because I believe it is an important thing for people to know. Basically what made me interested is when my family and I were looking for a new house when we were going to move. I thought that our agent had the coolest job in the world. She was always very happy and always knew everything about the houses and other houses around the area we wanted to be in. She told us that anytime we needed her to open a house so we could look at it to just let her know and she would be there. I thought it was awesome that she was able to see so many properties and know everything about them. It also didn't hurt anything that she had plenty of money because she was so good at selling houses. All of this is what inspires me to become a real estate agent in a few years.