Learn (page 2)

  1. Is a do-it-yourself major remodel a good idea?

    Reader Question: Is a do-it-yourself major remodel a good idea? We have outgrown our home as our children are growing up and need more room. We want to add about a twelve-hundred square foot addition and a full bath, plus update the kitchen and bathrooms with cabinets, plumber, and flooring. My husband worked construction in […]

    March 8, 2021
  2. Is 2021 a good time to sell our home?

    Reader Question: Is 2021 a good time to sell our home? We are in our late fifties. Our kids are grown and on their own. Our health is good, and we have no mortgage. We are thinking of downsizing into a smaller home in a newer subdivision not far from our current home. There are […]

    March 1, 2021
  3. The inspection contingency has a right-to-cure clause. We have two options to offer the seller but not sure which one to choose.

    Reader Question: We are making an offer on a home. The inspection contingency has a right-to-cure clause where we give the Seller the right-to-cure any defects found or deny the Seller the right to cure. We asked the agent for advice and were told, “It’s up to you.” How would you answer? Monty’s Answer:  If […]

    February 21, 2021
  4. Are real estate commissions fair? My friends want to buy my house. My agent says no reduction in commission. This news not comforting. Help!

    Reader Question: Are real estate commissions fair? I’m the homeowner. I just listed my home with a real estate agent. I told a friend I was selling, and they want to buy it for cash. I called my agent to negotiate the $24,000 commission because it hasn’t been on the market 24 hours. My agent […]

    January 25, 2021
  5. Do open houses help find a buyer?

    Reader Question: Do open houses help find a buyer? We recently put our home up for sale. The presentation was very professional, and we both liked the agent. The emphasis was on how much the real estate business has changed. She mentioned the difficulty of keeping up with technology. She explained how their company was […]

    January 18, 2021
  6. We are curious about what motivates agents. A recent article you authored inspired us ask the question. What motivates real estate agents?

      Reader Question: A recent article you authored titled “What’s wrong with real estate” was insightful. The overview described conditions that contribute to the real estate sales environment. We will be selling our home soon and feel that expanding on the agents would help us understand real estate agent motives. Can you drill down to […]

    January 11, 2021
  7. It appears there are different methods to sell your home today. What are those choices today, and what are the differences between them?

      Reader Question: It appears there are different methods to sell your home today. We haven’t bought or sold a home for 30 years. Back in the day, we would contact an agent or try on our own.The choices are confusing. What are those choices today, and what are the differences between them? Monty’s Answer: […]

    December 20, 2020
  8. ‌We‌ ‌want‌ ‌to‌ ‌know‌ ‌about‌ different‌ home ‌pricing‌ ‌strategies‌ ‌when‌ ‌selling‌ a home

    Reader‌ ‌Question:‌ ‌We‌ ‌want‌ ‌to‌ ‌know‌ ‌about ‌the different‌ home ‌pricing‌ ‌strategies‌ ‌when‌ ‌selling a home‌.‌ ‌We‌ ‌will‌ ‌be‌ ‌selling‌ ‌our‌ ‌home‌ ‌in‌ ‌the‌ ‌spring.‌ ‌We‌ ‌have‌ ‌had‌ ‌an‌ ‌appraisal,‌ ‌two‌ ‌agent‌ ‌opinions,‌ ‌and‌ ‌done‌ ‌research ourselves.‌ ‌There‌ ‌is‌ ‌a‌ ‌range‌ ‌between‌ ‌the‌ ‌highest‌ ‌and‌ ‌the‌ ‌lowest‌ ‌estimate‌ ‌of‌ ‌40K.‌ We‌ ‌do‌ ‌not‌ ‌have‌ ‌a‌ […]

    December 14, 2020