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Month: April 2014

  • Understanding the real estate “buyers agent” fee

    Reader Question: Do buyers pay a fee when buying real estate? Sam D. Monty’s Answer: The answer is, in some cases “yes.” Real estate companies and agents utilize a variety of philosophies to establish the fees they charge for their services. There are flat fees regardless the selling price, limited service fees, percentage of the…

  • 7 tips for discovering the best use for property

    Reader Question: How does one go about finding or creating a buyer for a potential group home?  The highest and best use for this building is a group home. The city permitting appears to be doable. I want a Realtor who can/will market the house to buyers who are interested in this specific use. There…

  • Selling a nice home in a distressed neighborhood

    Reader Question: We have a good house in a distressed neighborhood. The other homes are not as nice and people have junk cars and other stuff in their yards. We have not been able to sell. What can we do?  Ashley C. Monty’s Answer: Hello Ashley, and thanks for your question, and thanks for sending me your…

  • Building a real estate investment team

    Reader Question: Monty, I am saving and looking to buy my first rental this year. What kind of infrastructure do I need to have in place to support this kind of business? Thanks, Rob P. Monty’s Answer: Building a real estate investment team is important. Owning investment real estate can be a great business. You are…

  • Elderly seller avoids remodeling

    Q: What are the pros and cons regarding selling as a fixer-upper in a very desirable building and neighborhood? A: Hello Mary, and thanks for your question. This question will generate a variety of answers from anyone you ask. Most opinions will boil down to this: Two homes are virtually identical. They are both the…