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
Are Massachusetts Online Real Estate Values Accurate? How accurate are online real estate valuations in Massachusetts? Online valuation sites like Zillow, Redfin, and Trulia utilize ...| Massachusetts Real Estate News
Does having solar panels increase home value? Whether or not solar panels increase property values and how much depends on several factors. Understanding solar power when buying or selling a home is essential. An increasing number of homeowners are installing solar panels to save money. Better for the environment and capable of generating around half the electricity needed to run an average home, they have apparent benefits. However, solar panels can complicate the transaction when buying or ...| Maximum Real Estate Exposure
Every homeowner wonders 'how much is my home worth'? What is the current market value of my home? Here's how you determine that magic number.| MySeattleHomeSearch.com
Are you wondering what dual agency is and how it works? One of my duties as a real estate agent is to explain how agency law works in Massachusetts. I must present agency law at my first meeting with a prospective buyer or seller client. State laws require agents to do this. It is something I take seriously. Real Estate agents can essentially do one of three things: represent a seller, a buyer, or both. There are two types of dual-agency transactions. One is acceptable, and the other is not. ...| Maximum Real Estate Exposure