You would think that in these challenging economic times that all businesses would be willing to enter into negotiations for the price of goods and services. However, the real estate industry continues to resist attempts by consumers to negotiate their price for [...]
Many real estate agents throughout the Country tend to claim to be the #1 agent. Some claim to be the #1 agent in a State, County, City or even for sale of a particular type of property (such as condos or apartment [...]
In an effort to create a more interesting blog, we at Flat Fee Real Estate want to know what is important to buyers and sellers of real estate in Vermont. Please post questions or topics you would like to see discussed regarding [...]
President Obama's Defecit Reduction Panel recommended eliminating the mortgage interest deduction for all properties other than primary residences of $500,000 or less.
While this seems like a good way to raise immediate tax revenue, I question whether the Panel thought through all of the implications of such an action.
My question is what [...]
First let's review how national franchise companies make money from local real estate transactions. The most common model of compensation is a percentage of every transaction is paid to the national company by the local brokerage firm. Typically a local brokerage firm will pay the national company 8-10% of their fee from every transaction. [...]
The internet has dramatically changed the way buyers of real estate search for property.
No longer do buyers spend hours on a weekend attending multiple houses. Gone too are the days when buyers read the paperto findreal estate listings. Buyers no longer even rely upon real estate agents to send them listings. [...]
UNDERSTANDING TRANSACTIONAL COSTS IN A REAL ESTATE TRANSACTION
This article is geared towards buyers of real estate but may provide sellers some insight into the costs of the services being provided to them and the impact those costs have on the sale of their [...]
THE INESCAPABLE CONFLICT: BUYER AGENT COMPENSATION
In the majority of real estate transactions in Vermont, buyer agents get compensated by the seller of the property. They normally receive 3% of the purchase price as a [...]