Why Your Zestimate Isn’t a Comp: What Really Determines Home Value

Scrolling through social media, you may come across a photo like the one above. It lists several factors a seller might think support their asking price: their Zestimate, what they paid for the …

“Market value” is the price a buyer and a seller would probably agree on for a property in an open and competitive market. Real-estate guidelines, such as the Uniform Standards of Professional Appraisal Practice, define market value as the most probable price that a property should bring in a competitive …

How Zillow and Redfin Have Changed the Real Estate Industry 

The launch of real estate sites like Zillow and Redfin has changed the way that consumers get information about houses while also transforming the role of real estate agents. Understanding how the industry has changed can be helpful for …

So What is “Earnest Money,” Anyways?

So, you probably knew when you started this whole house-buying-process-thing that you wouldn’t be able to get out of it without putting at least SOME money in. We like to talk about no-down-payment and low-down-payment options, but the truth is you …

Selecting an agent

When a whole lobster was presented at the table of a restaurant, the customer noticed there was only one claw on it. He asked what happened to the lobster and the waiter said, maybe he lost a fight with another lobster. The customer replied to …

MEASURING SQUARE FOOTAGE

Square footage is commonly used to determine if a home will fit a buyer's needs. The price per square foot can be used to compare the costs of different homes and even, determine …