How Do Agents’ Services Impact Commissions?

How do an agent’s services impact their commissions? Let’s discuss.

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Everything You Need to Know About HOAs

Buying a home within a homeowners association comes with its own unique set of benefits, challenges, and costs.

Here’s everything you need to know about them.

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Make sure you read the CC&Rs.

 

When dealing with an HOA, you will want to read Covenants, Conditions, & Restrictions (CC&Rs). These are the rules that are placed on the properties within the HOA-governed subdivision. These rules and limits are determined by a builder, developer, or the managing members of the homeowners association for that neighborhood.

If you decide to live in an HOA neighborhood, you might have to give up some of your rights and freedoms to do so. Therefore, you have to ask yourself a few questions before making that final decision about whether or not you really want to live in that HOA neighborhood. For example:

  • Do I have any amenities that aren’t allowed under this HOA?
  • Am I willing to pay a higher cost to live in this HOA subdivision?
  • How will I feel about being told I can’t do something I normally do or would like to do? (think paint colors, yard decor, etc.)

Any given HOA will have their own individual rules and regulations, so learn what they are for each HOA subdivision you are considering. Just because you learned the HOA rules for that first house you passed on doesn’t mean all are the same. You need to research and investigate the rules and regulations for each different HOA neighborhood.

Most HOA restrictions are related to the following:

  • Landscaping and outdoor decor
  • Smoking
  • Parking
  • Noise levels
  • Fencing
  • Square footage
  • Pets
  • Home use
  • Amenities

Generally, the HOA is responsible for taking care of all the common area maintenance, upkeep, and repairs. For condos, they are also generally responsible for all major exterior replacements like roofs, fencing, plumbing, etc.

If you have any additional questions for me about HOAs or anything else related to real estate, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.

Sellers: Why a home Warranty? Presented by Toth Team

Stacey Kraft with Home Warranty of America is with me today

to answer some questions on all things seller home warranties today.

If you’re a buyer looking at a home warranty, click here!

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Protection for home sellers is necessary.

 

Q. From the point of closing and beyond, how long will that coverage last for the buyer?

A: The new-buyer plans are for 13 months or you can buy a two- or three-year plan up front if you wish to.

Q. If an issue were to arise with the home, what would the seller do from there?

A: The seller will call our 800 number and file a claim. Then, our claims representative will set up a time for a contractor to come to the home and assess the situation. If it’s determined that the repair can be accomplished in a cost-effective manner, we’ll repair it. If the issue is beyond repair, we’ll replace the item.

Stacey and Home Warranty of America have always serviced our needs in a highly competent way, and have been quick to action in getting our claims addressed. Without a doubt, Home Warranty of America is a wonderful resource for you if you’re selling your home.

If you have any questions for Stacey, go ahead and give her a call at (248) 330-1076. And if you or someone you know would like help with any real estate needs, please give us a call at 866-OWN-THIS or email us at Team1@KathyToth.com. We look forward to hearing from you!

Buyers: Why a Home Warranty? Presented by Toth Team

Why should you have a home warranty? Our go-to warranty expert is here to explain.

If you’re a seller looking at a home warranty, click here!

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Just think of PEACH:

Plumbing, Electrical, Appliances, Cooling, and Heating.

 

If you’re comparing companies, look for things such as age restrictions. If you have a 30-year-old furnace, for example, you want to be able to have it replaced if it goes bad.

I’d like to thank Stacey for giving us some great insight. Feel free to reach out to her at (248) 330-1076.

If you have any questions or would like more information, contact me. I look forward to hearing from you soon.

4 Ways to Make Buyers Fawn Over Your Home

If you’re ready to sell your home, there are a few things you can do in order to make buyers fall in love with it.

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4 Fast and Effective Home Improvement Tips

Would you like to update your home, but you’re worried about sinking a lot of time and money into it?

Here are some quick and inexpensive alternatives.

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Pricing Your Home Correctly in Ann Arbor

Are you ready to sell your home?

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Price + Exposure = Sold.

 

On average, 60 percent of potential buyers look at properties that are priced at market value from the beginning. If you price it 10 percent above market value, 30 percent of buyers will look at it. If you price it 15 percent above, only 10 percent will look at it. Similarly, if you price it 10 percent below market value, 75 percent of buyers will look at it, and so on.

When you work with Toth Team Worldwide Network to sell your house, we’ll give you examples of the competition, both active and recently sold. We also explain the pros and cons of listing over, under and at the suggested sale price. For example, at the suggested sale price, buyers will notice your home, your home will be found easier in searches, it will bring buyers in, and you won’t have issues with an appraisal.

Whether it’s a buyer’s market, seller’s market or balanced market also makes an impact on home prices. You can find more information about all of this, along with graphs to help you understand it, in this Pricing It Right pamphlet we’ve created for you.

We Want to Protect You When You’re Buying Vacant Land

Which contingencies can protect you during a vacant land purchase?

Our team has a lot of knowledge on this subject, and we’d like to share some of it with you today.

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Vacant land is the essence of real estate.

 

There are a number of opportunities for protection associated with each of these, and our team has been very fortunate in helping buyers leverage them during their purchases. Would you rather have an expert or an amateur by your side as you pursue this kind of deal?

Vacant land is the essence of real estate, and our team has a strong track record of success in dealing with this type of transaction. We hope you’ll trust us to meet your goals.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

Our New App Will Enhance Your Home Searches

New KW technology will allow consumers to search for homes like never before. Our Chief Innovation Officer will explain.

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As you use the app, it finds out what you like and don’t like. It trains very similarly to Amazon or Netflix.

 

5. Commute calculator. With the app, you can plug in the address of your work and calculate the commute time between a property and your work.

6. Collaboration. You can actually start private discussions on any home and also invite your agent, co-buyer, or family members to engage you in a discussion right on the app.

7. Property pages. Whenever you’re looking at a property, there will be a feature that allows you to see the neighborhood it’s in and key features about that neighborhood. Then you can go explore the area on the map, allowing you to find out what it’s like to live in any neighborhood for any home.

8. Request tour. At the bottom of the app, there are two buttons: One to contact the agent for the listing, and the other that allows you to schedule a time to visit the home.

This app could truly change the way that consumers search for homes and interact with sellers and their agents. To find out more or to address any questions you have, please reach out to Toth Team Worldwide. We’d be glad to help.

Happy Thanksgiving!

This Thanksgiving, we’d like to extend our sincere thanks to all of you who have made our business possible.

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Happy Thanksgiving!

 

We wouldn’t be where we are today without all of your support. Enjoy your Thanksgiving dinner with all of your family and friends—that’s what we plan to do!

In the meantime, please don’t hesitate to reach out to us if you have any real estate questions. We would be happy to help you.