North Carolina Discount Brokerages: Why You Should Avoid Them At All Costs
Posted by Larry Tollen on
As a realtor actively engaged on the Internet I regularly see Sellers and Buyers asking questions about getting rebates from their agent, looking for someone who will simply post their home in their local MLS, and in general seeking Realtors who will discount their services.There's no doubt in my mind that they have no trouble finding an agent willing to do this for them, what surprises me is that anyone would actively seek such a person/service. I wonder for example; if they would seek a discount doctor or surgeon, or perhaps actively choose to use a discount lawyer if they were in need of legal advice/defense. I can't help but hear in my head the old sayings, “There's no free lunch” and “You get what you pay for”
Why You Should Never Choose A…
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Most of us who wish to buy a home will do so by getting a mortgage. The first requirement is that we manage to save up enough money for a down payment. In addition, there are many other costs when purchasing a home — collectively referred to as “closing costs” which may include: mortgage application fees, attorney fees, inspection fees, home owners and title insurance, property tax and possibly homeowner association pro-rations, filing fees, and others. Equally important is having a good enough credit score to qualify for a mortgage and, unlike saving up your money which everyone understands, very often many people don't really understand how this works and what it will mean and how to improve their scores. If you are one of these folks, this is the…
I see and answer this basic question countless times on Zillow, Trulia and other real estate websites that are a daily part of my business, and I guess what surprises me the most is just how often these questions are posted by homebuyers. What's obvious to me is apparently not so obvious to all.