If you’ve spent any time on Zillow, looked into how much your house is worth, or toured a potential home, you’ve probably already encountered a number of industry-specific terminology. While you can always ask your real estate agent what certain things mean, it’s a good idea to familiarize yourself with some common terms and acronyms.
Selling
Should I Buy or Sell During the Summer?
The longer hours of summertime provide some distinct advantages for those in the real estate market. The combination of better weather and changes in schedules creates opportunities for both sellers and buyers looking to make a summer move.
The NAR Settlement vs. The Spring Real Estate Market
Springtime is usually a busy season in the real estate market as buyers aim to sync their search with favorable weather and family needs. However, the shadow of the recent settlement with the National Association of Realtors (NAR) is leaving many buyers and sellers hesitant.
We aim to cut through the panic and legal jargon to cover what’s important to YOU.
Zillow: Pros, Cons, and Everything In-between
Trying to understand the real estate market is intimidating for most people, no matter how many times they’ve bought or sold a home. In the past decade or so, these buyers and sellers have largely turned to Zillow as a resource—but how helpful is Zillow actually? In...
A Guide to What ACTUALLY Matters When Buying or Selling
When it comes time to buy or sell a home, many people feel overwhelmed by the vast amount of information and processes needed. Between information from the internet, friends, and family, it can be hard to tell what’s actually needed and what’s overkill. In this guide,...
Deciphering an Offer: The Savvy Seller’s FAQ
Selling a home is a major transaction, no matter if it's your first time or your tenth time. It's not just about the highest offer, but about securing the best deal. If you have multiple offers or are evaluating the strength of an offer, it's crucial to look beyond...
How Much Selling Your Home REALLY Costs
Selling your house can be a daunting task—and it's not just about the list price. It is crucial to understand the actual cost of selling your home to maximize your profit while still receiving top-notch service. In this article, we'll go over the expenses that many...
Should I Sell My House Now? What to Expect in 2024
Note: This article is a rewrite from 2023, updated for current market conditions. The extreme seller’s market left a deep impression on the housing market. For a brief period, sellers were able to ask for anything and everything—and plenty of buyers were willing to...
Will Home Prices Drop in 2024? What Experts Predict
Many homebuyers and sellers are eager to know if home prices will drop in 2024. The shifting market has everyone wondering how it will affect them. We may be in the midst of a housing market correction. Keep reading to find out why experts anticipate minimal home...
How Real Estate Agents Get Paid
Trying to navigate a real estate transaction can feel like learning a new language. There's a big difference between knowing the basics and being fluent and visiting a country where you only know how to say "Hi" and "Where is the bathroom?" A reliable real estate...
15 Essential Questions to Ask a Realtor
If you’re planning to buy a home, there’s a good chance you’ve thought about the kind of home you’d like to buy. And if you have a home to sell, you’ve likely pondered how much your property could sell for. But buyers and sellers often forget to think critically about...
How to Sell a House in Colorado (Essential Info for 2023)
The housing market has received a reset. What was an incredibly strong seller’s market a year ago has shifted - buyers now hold power. Sellers who want to sell their homes quickly will have to pay attention to the details now, and not just rely on the super-hot market...
Can a Seller Back Out of an Accepted Offer on a House? 5 Questions to Ask an Expert
I accepted an offer on my house. I want out. So, can I back out of an accepted offer? You perfectly manicured your lawn, and staged your house for flawless photos. Then, you vacated your space for hours to allow random people to walk around and judge your private...
Selling Your Home Without a Real Estate Agent
Selling your home without a real estate agent can be exciting, but the process can also be stressful and time consuming. A For Sale By Owner (FSBO) seller must commit to not only getting their home ready to sell but also marketing their home until they find a...
How Real Commissions Impact Home Equity
In 2021, 92% of people selling a home used a real estate agent. Real estate agents can make the process of selling a home more transparent and less overwhelming. But at what cost? Licensed agents earn a real estate commission for selling your home. The traditional...
Contingent vs Under Contract: What’s the Difference?
Odds are if you’re in the market to buy a house you’ve seen the terms contingent and under contract. But how do you differentiate contingent vs under contract aside from simply reading what the sign or online real estate listing says? For homeowners selling their...
Assessed Vs Market Value: What’s The Difference?
The assessed value versus the market value of a home are often very different leading to confusion among homeowners. They are viewed as something that should be similar but in reality, they are very different from each other. Usually, the assessed value of a home is...
What Fixes are Mandatory in a Home Inspection?
One of the most important things you can do when you’re buying a home is getting a home inspection. And if you’re the seller, a home inspection can be one of the scariest things, since this might give you a few surprises. But when you sell your home, it’s always best...
How to Sell a House for Cash: A Complete Guide
Chances are you’ve seen one of those signs or billboards that reads “we’ll buy your house for cash!”. Real estate investing is becoming increasingly popular, with small to large investors buying homes for cash across the country. But, selling to an investor isn’t the...
Atlanta Housing Market: December 2021
As we approach the heart of winter, the temperature may be dropping, but the real estate market is as hot as ever. Fall saw a decrease in inventory across most markets, as is standard for this time of year. As inventory decreases it’s no surprise the market remains...
Charleston Housing Market: December 2021
As we approach the heart of winter, the temperature may be dropping, but the real estate market is as hot as ever. Fall saw a decrease in inventory across most markets, as is standard for this time of year. As inventory decreases it’s no surprise the market remains...
Denver Housing Market: December 2021
As we approach the heart of winter, the temperature may be dropping, but the real estate market is as hot as ever. Fall saw a decrease in inventory across most markets, as is standard for this time of year. As inventory decreases it’s no surprise the market remains...
Phoenix Housing Market: December 2021
As we approach the heart of winter, the temperature may be dropping, but the real estate market is as hot as ever. Fall saw a decrease in inventory across most markets, as is standard for this time of year. As inventory decreases it’s no surprise the market remains...
Raleigh Housing Market: December 2021
As we approach the heart of winter, the temperature may be dropping, but the real estate market is as hot as ever. Fall saw a decrease in inventory across most markets, as is standard for this time of year. As inventory decreases it’s no surprise the market remains...