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There are two sides of every real estate transaction, buying and selling. Learn both.
Everyone who has bought or sold a home can remember that one moment when it seemed like there was too much to consider, worry about, remember, and respond to. It’s true that the purchasing of a home is a significant investment and you probably should give it time and attention. Equally as important for those looking to sell your home, you want to everything within your educated power to get the most fair value out of what is probably your largest asset. To help make the process more reasonable, DearMonty organizes both the home buying and home selling experience into twelve distinct steps, or stages.
The best thing that you can do is to equip yourself with knowledge and information. A home sale transaction is a big deal! This website is intended to be a straightforward resource to help shine some light on one of the most important times in many people’s lives. But we are just one voice of many and we at DearMonty.com strongly support learning as much as you. Good luck and let us know if you have a question you couldn’t find answered LINK or if we can help you find a local agent LINK
Reader Question: We need some tips to sell our home during COVID. We are planning to sell come spring. We have noticed surging home sales across the US, so we know home sellers are active in the market, even with COVID. We want to be prepared to show our home considering COVID. What should we […]
Reader Question: My family was fighting a real estate development 20 years ago. We own 60 acres of beautiful land in the midwest. A sister owns an adjacent property. We are landlocked on three sides, and our access is a one-lane road. Back then, the neighbor who owns the three sides wanted to develop […]
Reader Question: Today, we have fantastic technology. We have companies using algorithms that evaluate homes without even walking through the house. Yet we still have poor real estate appraisers. I want to refinance my home with the low-interest rates. I am working with one of the big players that lend across the country. I […]
Reader Question: We are considering buying a home. My husband and I both have good jobs, no debt, and more than an adequate downpayment. We have spent several years saving, and now we feel ready financially. There are many distractions today; we wonder if buying in the pandemic is the right time? Monty’s Answer: […]
Reader Question: I bought a house a year ago with some permitted room additions. However, the flipper replaced the electrical box from 100 amp to 200 amp non-permitted. This work was not disclosed to me or caught in the homeowner’s inspection. So now, I have been experiencing electrical issues at my house. The utility […]
Reader Question: We are planning to sell our home. In researching the subject, the standard advice is to call a real estate agent. We get that, but from a potential seller’s point of view, that is very simplistic advice. What do you suggest someone do when pricing a home for sale? Monty’s Answer: You […]
Reader Question: What’s wrong with the real estate industry? We have a large family by today’s standards—five grown children with children. At a recent family reunion, we discussed real estate and ended up taking a poll. Transaction number ten started the conversation. Together they have concluded nine transactions, with number ten now pending. Only one […]
Reader Question: We recently purchased a home. We used a buyer agent because we understood that a buyer agent works for the buyer instead of the seller. Our friends also bought a house recently, and they used a buyer agent. We just learned that our friends signed a buyer agent contract when they started […]
Reader Question: We like a home and want to make an offer. The seller is offering the home in “as is” condition and did not complete a seller condition report. While we do see conditions that will require repair or replacements, those repairs do not seem severe enough to go “as is” on us. Our […]
Reader Question: We are thinking of buying a home. We have saved a substantial down payment by living frugally for 15 years. We both have good jobs. The thought of taking on a mortgage is a bit frightening to us. It feels like there is much uncertainty with the economy, COVID, and more. Do you […]
Reader Question: Can Real Estate Agents Legally Go Door-to-Door? Last night, about 7:30, a local real estate agent rang our doorbell to ask if we wanted to sell our house or knew anyone who wanted to sell. I was always under the impression that this sort of solicitation was considered inappropriate by real estate […]
Reader Question: Just put an offer on a house, and we are under contract. The listing agent and seller are great friends, live on the same street, and have known each other for many years. They are friends with a contractor who does work for them. Following my home inspection, some items came up. The […]
Reader Question: Can real estate agents “game” the MLS system? When my current listing expires, how long do I need to wait to list again if I want my second listing to be marked “new” instead of “relist?” Monty’s Answer: There are over 700 multiple listing services (MLS) in the U.S., and they […]
Our readers today are considering selling their home without using a real estate agent. As home prices rise and real estate fees rise with them, the industry is experiencing resistance. There are more and more options appearing to meet the demand for lower rates.
Reader Question: We have a real estate agent telling us not to list our home for more than ten-percent above her recommended price. She claims that if we do, it will ultimately cause us to accept an offer that is lower than any offer we would get if we listed at her suggested price. She […]