Agents are constantly trying to justify their 6% commission model. One of the ways they do so is by telling sellers that they will attend showings of the property even if the buyer has their own agent. Agents convince sellers that their presence will help sell the home because they will be able to highlight the home's features better than [...]
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 [...]
Recently a person made what I thought was a great observation about our services for buyers of real estate. He said to me, "so I get paid to buy a house. That is a smokin [...]
Many people believe that in order to be a real estate agent, you need to be a "Realtor". This is incorrect.
A "Realtor" is simply a person that is a member of a trade association or lobbyist group. The most well known real estate trade association and lobby group is the NationalAssociation of Realtors. In Vermont, we also have other real [...]
The average Vermont family makes $51,200 per year. What do you think real estate agents make?
According to data from the MLS and based upon the traditional 6% commission model charged by other firms, the top 5 agents in Chittenden County so far this year (January to July 22nd) have made between $292,000 and $587,000. Thus, they are on pace [...]
The average Vermont family make $51,200 per year. What do you think real estate agents make?
According to data from the MLS and based upon the traditional 6% commission model charged by other firms, the top 5 agents in Chittenden County so far this year (January to July 22nd) have made between $292,000 and $587,000. Thus, they are on pace to [...]
Any residential multi-unit building in Vermont is considered a "Public Building" and subject to Vermont's Public Building Regulations. Multi-unit buildings are any residential building other than a single family detached home. Thus, a duplex, a condominium unit, an attached townhouse and apartment buildings are all subject to the Public [...]
A bill was recently introduced in the Vermont Legislature which would dramatically change the requirements for selling a home in Vermont. Under the bill, sellers of a home in Vermont would have to hire a professional to perform an energy audit of their home. The seller would have to pay for this audit. The seller would be required to provide [...]
Flat Fee Real Estate is headquartered in Burlington, Vermont along the shores of Lake Champlain. Its founder, Rob Foley, is also a resident of Burlington, Vermont. Rob and his wife also attended the University of Vermont in [...]
While it looks the tax compromise between the Republicans and President Obama will pass, I think the debate reminds us that the tax code is subject to change at anytime.
For real estate purposes, changes in the capital gains tax laws can have a huge impact on property owners in Vermont. Under the current tax code, when you buy or a sell a [...]