Have you heard a real estate agent use the word “comps” and wondered what they meant? Understanding a real estate comp will probably be foreign if you are not in the industry. Comps in real estate are comparable sales. Real Estate comps are used to compare and determine the fair market value of a property. Without appropriate comparisons, determining a home's value is far more challenging. Real estate agents and appraisers use comparable sales to assist buyers and sellers in understanding...| Maximum Real Estate Exposure
Have you heard the real estate term 'CMA' and wondered what it was? It's an abbreviation for comparative market analysis. Sellers and buyers should understand a comparative market analysis in real estate. If you are selling your home, deciding how much to ask can be difficult. Likewise, choosing how much to offer for the home is crucial when buying. Whichever side of the real estate transaction you are on, getting this wrong could cost you thousands of dollars. Having an appropriate listing p...| Maximum Real Estate Exposure
What is a Home Inspector? Are you looking to find an outstanding home inspector? Choosing a home inspector is part of the home-buying process, which can significantly impact your satisfaction with your future home. For a potential home buyer, it is an investment that cannot be understated, A home inspector is a professional engaged in performing the service of assessing a property's condition. It can be a pre-sale inspection for a seller or, more commonly, for a buyer with a property under co...| Maximum Real Estate Exposure
Check For Potential Issues When Buying Your First House Do you understand what's needed for due diligence in real estate to be completed? If you are a first-time homebuyer, you are probably doing all the research to ensure you don't make any mistakes. Performing due diligence increases the odds that you won't regret purchasing. The homework you are doing now is essential because a lot goes into buying a home—which means you have a lot to learn in a relatively short time. The due diligence p...| Maximum Real Estate Exposure