Search results
Results from the WOW.Com Content Network
When you’re in the market to buy a house, the fun part is browsing listings and touring places in person, imagining yourself in your new abode. The intimidating part: the negotiation. Especially ...
Successfully negotiating a lower price in this kind of market depends on a variety of factors, including where the home is located, prices of similar homes in the area, how long the home has been ...
The commission is usually a percentage of the sales price of the property, ranging from 2 or 3% up to about 10%, but usually in the range of about 3 - 7% for houses. The commission could also be a flat fee or some combination of flat fee and percentage, based on the rate you negotiate. Commission rates and fees are negotiable and not regulated.
Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. Buyers and sellers are generally advised to consult a licensed real estate professional for a written definition of an individual state's laws of agency .
The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. Lenders will often not lend more than a certain percentage (fraction) of the appraised value, so ...
So I'm standing in a furniture store where, after two months of searching, I have finally found a sleeper sofa that a) fits my space, budget and style; b) has passed my official Sitz Test; and c ...
Those living in ‘left-behind’ areas (where house prices have decreased by 15%) tended to vote 10% higher for the Danish People’s Party than in ‘booming’ areas (where house prices have increased by 100% [17] In Germany, studies show that die AfD scores are higher in areas where house prices have not risen as much as the average rate. [12]
The art of negotiation seems to be a lost skill among many shoppers in the U.S. The only items many people typically negotiate prices for in the U.S. are cars and houses. Read Next: 8 Best Items To...