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Showing posts from March, 2019

How do real estate agents commissions work?

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Many immobilizers and sellers do not exactly understand who pays the immobilizer involved in the transaction. In order to understand who pays property fees–whether sellers or buyers or both –first look at how real estate agencies are paid and how they share cooperative fee s. Don't worry, because there are a lot of customers who don't know how commissions work and it involves some complexity, commission shares and other details that could not be disclosed in the transaction. According to Realtors ' National Association, in 2017, 87 percent of buyers purchased their home through a real estate agent or broker, a share that grew steadily from 69 percent in 2001. Also, the vast majority of sellers relied on real estate agents; only 8% of sellers sold their homes alone. As of March 2018, according to salary.com, the average annual income for real estate sales agents was $40,587. How much money agents from top real estate companies   make each year depends on a n

5 Factors That Determine How Long Does It Take to Sell a House?

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Every seller thinks about the timeframe required to sell a house. There are a number of factors that decide the time period required. Sometimes, it can become a matter of luck as well. If you place the house for sale at the right time and the right buyer sees it, the deal can happen immediately. However, according to  real estate agents in miami ,  an average duration of selling a house depends on five factors: 1. Asked price - The price you ask for your house decides the duration of sealing a deal. Expensive properties can take longer than inexpensive ones. An expensive home limits the number of potential buyers, which is why it can take longer for your house to get the necessary exposure. On the other hand, inexpensive properties obtain a bigger market size of potential buyers. However, this doesn’t mean that you should keep the asked price lower than the actual worth of your property. 2. House location - The location of your house also plays a big part in