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Many home buyers pick an agent because they are relatives, co-workers, referred by a friend, or met at an open house. While they are likely all nice people, none of these connections by themselves is a good reason to pick…
Continue readingReader Question: We used an incompetent real estate agent. We bought a home subject to obtaining a mortgage. Our Realtor drafted the contract with a twenty-day drop-dead date on the inspection and the appraisal. She pointed out we could jeopardize…
Continue readingReader Comment: We lost a dream home when we didn’t understand the significance of what you recently wrote that there are “…no standardized rules in the industry” and that “the nature of the real estate transaction and how the…
Continue readingReader Question: We want to pick the best real estate agent from three finalists. Each agent chose three different comparables, and there is a thirty percent difference between the best price and lowest price when including all nine comparables. This difference…
Continue readingReader Question: We will be looking for our first home in the next year. We are novices and want to know the essential qualities of a real estate agent to look for and also how to identify agents with…
Continue readingReader Question: Our work took us to a new city. We chose to wait to buy again until we were familiar with the neighborhoods. We know now where we want to live, but have yet to find an agent who…
Continue readingReader Question: Monty, I am pre-qualified by a lender for a mortgage loan for $200,000. I work in one of the country’s largest cities and commute to work. I have a good and secure job. I want to look at cost,…
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