Are you wondering what’s involved with coordinating a transaction in real estate sales? A transaction coordinator, or TC for short in real estate, is responsible for managing contracts and coordinating properties’ buying and selling process. Their role includes handling documentation, scheduling repairs and inspections, ensuring approval of offers, and timely submission of necessary paperwork. Hiring […]
How Much Does a Realtor Make
How much does a Real Estate agent make? It’s a question that gets asked a lot. Not only do potential agents thinking about entering the industry ask it, but also consumers. There is no secret that real estate is a highly lucrative industry. However, many people don’t realize that the upper echelon of Realtors is […]
Can You Buy a House That is Active Under Contract?
Do you know what active under contract means? When looking to buy a home, you’re likely to encounter many terms and listing statuses you don’t know. Understanding ‘active under contract’ in real estate is crucial for buyers navigating the market. Real estate agents label a house as ‘active under contract’ when they have accepted an […]
The Comprehensive Guide to Subagency and Sub-agents in Real Estate
Understanding sub-agents in real estate is crucial for buyers and sellers alike. A sub-agent is a real estate agent representing the seller’s interests alongside the listing agent. They help with tasks such as marketing the property and facilitating negotiations. However, it’s essential to note that sub-agents primarily focus on the seller’s needs, which can pose […]
What is Designated Agency: Designated Agents Explained
Designated agency in real estate is an important concept affecting buyers and sellers. It involves assigning specific agents to represent the interests of individual clients in a transaction. The scenario occurs when two agents from the same real estate brokerage represent buyers and sellers. The practice can also be called “appointed agency.” In this situation, […]
How to Take a Power of Attorney Away From Someone: What You Need to Know
Are you wondering who can override and revoke a power of attorney? A power of attorney, or POA for short, can be overridden in certain situations. Reasons for overriding include a power of attorney being invalid or outdated, abuse or misuse of authority by the agent or attorney in fact, or the principal’s lack of […]
Bedroom in a Basement Requirements Including an Egress Window
Understanding basement bedrooms is crucial to meet the requirements. These guidelines ensure compliance with local building codes and standards for safety and legality. Each aspect is vital in creating functional basement bedrooms, from egress requirements to size and height specifications. We will examine common questions, debunk misconceptions, and offer expert advice for safe and compliant […]
Tips For Finding Lawyers For Real Estate Near You
Locating a Top Local Real Estate Attorney Are you looking for one of the best real estate attorneys near you? Understanding the role of a real estate attorney is crucial when navigating property-related legal matters. From reviewing contracts to representing clients during closings, they provide essential expertise. Finding a real estate attorney near you is […]
Does Burying a St. Joseph Statue Work For Selling a House?
Utilizing a St. Joseph Statue For Selling a House Are you considering buying a St. Joseph statue to sell a house? Burying a St. Joseph statue for selling a home has become a popular tradition among many Catholics and others in the U.S. Though not officially endorsed by the Catholic Church, it’s believed to be […]
Real Estate Power of Attorney: A Guide to Protecting Your Property Rights
Power of attorney in Real Estate, or POA for short, is a legal document that allows someone to designate an agent for property transactions. It is crucial in cases where the owner cannot act due to physical incapacity or absence. The document must be signed and notarized and may require two witnesses specifying its durability. […]