March 2019

Found 3 blog entries for March 2019.

 

Buying or selling a home is one of the longest, most detailed transaction processes anyone will experience in a lifetime. And yet, one of the most common questions people ask is, “Do I really need a real estate agent?” 

Why you need a real estate agent

  1. You can’t automate real estate.

    Many grocery stores have self-serve check-out lines. Most gas stations have credit card machines built into the pumps. Some restaurants even allow you to punch your own order into the computer. But a real estate transaction is far more complicated than buying milk and bread. Automating the process of buying and selling property leaves far too much room for mistakes like missing legal deadlines or failing to obtain the appropriate inspections, to name just

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The wall of Round Table Realty's shared office spaceKeith and Howard knew when they started Round Table Realty that they would never give their agents volume based awards. This decision was born directly from their own experiences. “We watched brokerages and companies awarding the same agents every month, and it was usually because they had the most experience, wanted to work that much, or landed a great community. Those of us who were green, or those who only worked part-time, just grew resentful and irritated with seeing those same names again and again,” Howard said.     

"Selling the most doesn’t mean you’re the best to us. At least not in the way we want to be the best." The way Keith and Howard set out to be the best was to earn a reputation of being a heart-first, relationship-based brokerage.

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Hundreds of thousands of people go to Zillow and similar websites every day to search for houses. Because Zillow gets all its information on homes for sale directly from the MLS (the same site used by Realtors), there’s no reason to think you need a Realtor to search for a home. Right?!

Partially right. 

"When Zillow rolled out the feature back in 2006, it had an error rate of 14%. When NerdWallet last reviewed Zestimates in 2015, they had a national median error rate of 8%
Recently, Zillow says the margin of error is 4.3% nationwide. That means half of Zestimates were within 4.3% of the final selling price, and half were off by more than 4.3%."
-NerdWallet

True, 4.3% doesn't seem like a lot. For a $180,000 house, the wrong values could be

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