Download Funkhouser Real Estate Group's app and discover a variety of different search options and filters, making it easier than ever to search for homes on-the-go in the Shenandoah Valley. Highlighting Features, What Sets Us Apart:
More information at: MattiasClymer.com
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Here are some interesting sales stats for August. Some notable aspects of the data:
After you have ratified your contract and fulfilled the contingencies, it is time to start thinking about your move! Use our checklist to help you get started! For a printable PDF version of this checklist, please click here.
Organization
Schedule A Mover
Insurance
Finances
Utilities Please see our Utilities & Local Services page for local contact information.
Address Change
Source: MattiasClymer.com In my previous blog, we checked out Exclusive Vs. Designated Representation.
Click here for more information. Dual Representation The Seller and Buyer are represented by the same Agent and Firm who assist in facilitating a successful transaction. The Agent is limited in their ability to represent the Seller and Buyer. An Agent may NOT provide the following services in this type of representation:
The Seller is represented exclusively by the same Agent and Firm. The Buyer has no representation in this situation, however the Agent may provide ministerial acts to the Buyer to assist in facilitating a successful transaction. Ministerial acts include:
** A Seller may also be an Unrepresented Party in a transaction when a Buyer has representation. Source: MattiasClymer.com Exclusive Representation The Seller and Buyer are exclusively represented by separate Agents and separate Firms. The Agent and the Firm are solely representing the interests of their respective clients. This representation arrangement is created through a written Exclusive or Non-Exclusive Brokerage Agreement. Designated Representation The Seller and Buyer are exclusively represented by separate Agents within the same Firm. Agents solely represent the interests of their respective clients. This representation arrangement is created through a written Disclosure of Designated Agency or Representation. Check out information on Dual Representation and Unrepresented Party Source: www.MattiasClymer.com
The brokerage agreement is new to many people when purchasing Real Estate. It used to be that sellers needed to sign a contract to work with a sellers agent but buyers didn't have to formally sign a contract when working with a buyers agent. Since July 1, 2012, Virginia requires that all real estate brokerage agreements be in writing.
Buyers are often blindsided by needing to sign the brokerage agreement simply because they weren't expecting it and don't fully understand what purpose the contract serves. The agreement serves to inform the consumer of the services they are receiving and what *fees could be associated. Terms Of An Agreement The brokerage agreement must outline the services provided by the real estate licensee, how long services will be provided, and any associated fees. Depending on the needs of the client and service offered, a brokerage agreement may be as short as one day or as long as mutually acceptable. The agreement may be for specific properties or for a wide range of available properties. Duties Of An Agent All associates with Funkhouser Real Estate Group must abide by Virginia laws and the REALTOR® Code of Ethics. These standards require an agent to fulfill these obligations:
Source: MattiasClymer.com
First of all, you will need to create an account on my website: MattiasClymer.com On the top right corner click on the button that says register. A window will pop up. Enter in the necessary items to make an account. After you have successfully made an account, go to the home page. Enter in your search criteria and hit search. You should now be looking at a list of all the properties that meet your criteria. Now, you should see the save search button on the top right. Click on the Save Search Button and a prompt will pop up asking you to write in any notes. Write a note that will help you remember the criteria of the saved search. You should now see a message that say's, "Your search has been saved." Exit out of the message window. You should now be looking at the Search results. Click on the my account link at the top right portion of the screen. A new pop up window will give you a menu of options. Click on the saved searches option. This will allow you to manage your saved searches including customizing your alerts.
That is it! You are now set to receive property alerts! This should help you stay one step ahead in the housing market.
Source: HUD.gov
You may now be wondering what houses in the that neighborhood are selling for. Sure, you can scour the newspaper, and the internet for answers, but why not ask a local expert? A Realtor has been keeping track of housing prices for just that reason and can provide you with a market report. The best part about this service, is that a buyers agent is almost always free to the buyer! Sellers Do you want to know what your house is worth? An amazing part of home ownership is that, overtime, your house usually goes up in value. Like any type of investment, Real Estate has it's ups-and-downs. However, historically, the market has risen despite the ups-and-downs. So, now you've owned your home for a 5 years; or 10; or 30. Do you remember how much you bought it for? Are you curious how much the house is worth today? There are a number of ways to figure out your houses value. One popular one is using the website Zillow.com. The provide a zestimate which sometimes looks about right, sometimes looks great, and sometimes is disappointing. The reason for this is because in the small print, Zillow claims that 25% of houses sell for 20% higher or 20% lower than the zestimate. The best way to find out what your house will sell for is by contacting a real estate agent and asking for a Comparative Market Analysis (CMA). While preforming a CMA, a Realtor compares the houses for sale and the houses that have recently sold to your house. In this process the Realtor will pull the pertinent information about your house to help compare. This is the best way to get an idea of what your house will sell for at the current market. Sources: Rockingam-Harrisonburg MLS; Zillow.com
Buyers
If you are looking to buy a house, in general, a Realtor does not cost you anything. Let me repeat that, using a Realtor to help you buy a house is generally FREE to you. In the event that you buy a home where the selling party does not offer compensation to buyer's agent, you may be responsible to pay your Realtor's fees. In general, this only happens in For Sale By Owner transactions and in the Harrisonburg area, most for sale by owners offer commission to an agent procuring a buyer. Sellers Realtor fees for both sides of the transaction (Buyer and Seller) are part of the sellers responsibility. These fees are always agreed to and understood before the seller signs the contract. You will need to speak with a realtor to find out what their fees are. If you are thinking of selling your home, feel free to ask me about my marketing packages. |
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