Author: Monty
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Inheritance creates multiple choice decision
Reader Question: My wife is selling a home she inherited. It has been shown multiple time with no results. The house needs updating, and it has a bowed basement wall. It was listed for $69,900 which was below the market value. We’ve had several offers, but they are flippers who have offered $20 – $25…
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Home seller left items behind at move-out
Reader Question: We recently moved into our first home. The contract called for the seller being out on a specific date with all of their possessions. We also contractually agreed to allow them to harvest some outdoor plants after they come up this spring. The seller left items behind at move-out and has not picked…
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Do listing tactics bring the best price?
Reader Question: We will be listing our home for sale soon. We received three estimates from agents on our home’s value, and they are all different. Also, each of the agents has different tactics about how the listed price is presented to get the best price. For example, one agent suggested we use “market…
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Home seller finds buyer; who gets or keeps the commmission?
Reader Question: I’m the homeowner. I listed my home with a real estate agent; however, I found an interested buyer on my own. If that buyer purchases my house with no help from the listing agent, “Who gets or keeps the commission? ” Monty’s Answer: Your question is one that someone else in America…
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Tips for testing real estate agents
Reader Question: I envision the real estate service is delivered differently than a physical product. I can touch a product, examine it, use it according to instructions to “test” if it works. Outside of the legal documents, much of the real estate service is oral. I cannot “test” it in a traditional sense. Can you…
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Sample Agent Deliverables
Sample agent deliverables. Useful real estate agents are honest, knowledgeable, and efficient. Every enterprise in every field of endeavor seeks these qualities in individuals with whom they choose to associate. There are many reasons the real estate industry has set the bar low, which is why the real estate service consumer has to be alert…
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The Impact of the New Tax Bill on Homeownership
Reader Question: We now have the Tax Cuts and Jobs Act. We are considering changing homes. This move would not job related, or created by any lifestyle changes; we just want a change. What has changed regarding homeownership as a result of the new tax bill that may affect us making this move? Monty’s Answer:…