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 [email protected]. 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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Want to Sell a Home? Get a Home Value Report

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.