“How Much is the Home Under Contract For?”

Meghan Henderson Home Buyer Tips Leave a Comment

When a buyer finds out that a home is under contract, it’s a common knee-jerk reaction to ask, “How much is it under contract for?” But did you know there is certain information that Realtors are not allowed to share with those not party to the contract? One of those is the agreed upon contract price. If we represent the …

“I’ve Listed My FSBO with a Realtor. Now what?”

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If you’re reading this, you either were or are currently trying to sell your home without the aid of a Realtor. If you’re like most FSBOs, you decided to go this route to either save money by eliminating a commission and/or you wanted more control over the marketing and showings. Either reason, you have decided or are considering listing it …

Who pays Who? Hiring a Buyer’s Agent Doesn’t Cost You a Penny!

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Real estate agents work by commission. They’re paid once a home sells. But who pays that commission is probably the biggest source of misconceptions in the home buying process. So, let’s just get it out of the way… The home seller pays the commission for both the listing and selling (buyer’s) agent. The funds come out of the sale of …

Why It’s Important to Sign the Working with Real Estate Agents Form

Meghan Henderson Home Buyer Tips , Home Seller Tips Leave a Comment

“I’ve literally just met this Realtor. Why are they asking me to sign something?” The first document that all North Carolina Realtors should be asking you to sign is a Working with Real Estate Agents brochure/form. This isn’t a contract or an obligation. This brochure explains to you as the buyer or seller what to expect if you choose to …

6 Signs You’ve Hired the Wrong Real Estate Agent

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I’m going to preface this blog with the fact that there are many GREAT real estate agents in the Wilmington area. We’ve had the pleasure of working with some very professional individuals and teams on both the listing and selling side of closing transactions. However, I’m constantly watching what other real estate agents, both locally and in other parts of …

How Do Wilmington Realtors Get Paid?

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There is a lot of confusion about how Wilmington Realtors get paid, because it’s not a traditional compensation structure. The details are all outlined in the Working with Real Estate Agents document, which most agents require clients to sign, but when the client receives this varies from agent to agent and even after reading the document, there still seems to …

Should I Offer an Agent Bonus to Increase Home Showings?

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You’re selling your Wilmington area home. It’s been on the market for a few months, but you aren’t getting the amount of showings that you want. You’ve heard about buyer’s agent bonuses, where you offer some kind of gift (a specific dollar amount, an extra percentage of commission, a gift card, etc.) to an agent that brings you a buyer, …

Should I Use the On-site Agent When Buying Wilmington New Construction?

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If you’re considering buying a new construction home in the Wilmington area, you may be aware that each community has its own on-site licensed real estate agent that is familiar with the lots, home plans, builder(s), and construction process in that particular neighborhood. They work right along with the builder to make sure contracts are executed on time and all …