Reader Question: A close family member wants us to produce the best real estate agent referrals for them to pick a real estate agent. Their house has been for sale on-and-off for several years. They blame themselves for poor agent choices, but we are suspicious they may be the cause rather than the agents. They […]
Reader Question: We are selling our home with an experienced agent. Several occurrences have us questioning the agent’s value; missed or late for appointments, pricing advice refuted by a professional appraiser and more. Our question is this, we have read and been told only to deal with an experienced agent; that we shouldn’t let rookie […]
Reader Question: We are going to sell our home. We know a number of real estate agents. 20 years ago we sold a home, and it was not a good experience. Do you have any tips about how to pick a good agent? Roger and Mary Ann D. Monty’s Answer: The right real estate […]
Reader Question: Full service real estate vs. FSBO. We are a retired couple planning on selling our home this spring. We have no mortgage and believe the house is worth about $350k. How would you approach the sale, with an FSBO agency or a traditional Realtor? Monty’s Answer: There are many different service offerings, pricing […]
Q:Should I use the same agent for selling and buying?A: In many circumstances using the same agent for both assignments are appropriate, yet there are situations where this may work against you. A bit of background will be helpful.
Reader Question: I own a business and the property. I recently decided to close my doors and retire. I put a sign in the front window closing business. A Realtor came in and asked is the property for lease and could she bring a client down to look at it. After looking at it, the […]
Reader Question: Hi Monty. I recently read an article in the Wall Street Journal titled “Are Real Estate Agents Dinosaurs?” I am a real estate agent in Iowa. The article kind of scares me because I am fairly young and I didn’t realize the industry was in such tough shape. I am curious as to […]
Real estate agency is a concept in the law It is the relationship between a principal and an agent. In real estate, a transaction begins between a real estate broker(the agent) and a principal (the seller or buyer). A principal can be a buyer or a seller, but most transactions begin with a home seller […]