How Do Real Estate Commissions Work in Texas?
Real estate commissions have received a lot of attention recently because of the recent NAR settlement and the lawsuits leading up to that settlement. Even so, I find that many average Texans don’t know the basics of how Realtor compensation works. Here’s a guide by Texas Realtors.
Should I Get a Pre-Inspection When Selling My Home?
It is always up to each seller to decide whether they will have an inspection prior to listing and there are certainly circumstances where it might not make sense. But it can be a great tool for presenting your home in the best light possible to potential buyers!
CMAs: How to Read the Reports Realtors Use to Value Homes
A CMA compares a subject property to similar homes currently on the market, under contract, or recently sold — these properties are known as comps. Whether buying or selling, you will almost certainly see a Comparative Market Analysis (CMA) at some point during the process.
What Is Earnest Money? Is It Refundable?
Buyers often have questions about earnest money and when it is refundable and when it is not. Read this primer to understand more!
What Is an Option Period & Fee in Texas?
Every state has its own regulations and norms. An option period is Texas’ way of providing a home buyer time for due diligence. In exchange for that time, the buyer pays the seller an option fee. Both the option period length and the option fee amount are negotiable points in a real estate contract.