The "Idiot's" Guide to Residential Real Estate

Are Short Sales really worth the wait? Whether Buyers like it or not, a nice chunk of the available inventory on the Market today is "Subject to Short Sale Approval".  But the question remains, are Buyers willing to wait the amount of time that may be necessary for the sale to close?  Many Short ...

MiRealSource - April, 2011 - Market Statistics for Macomb County - Residential Sold Listings 792 Total 405 Privately Owned (51.19%) 387 Bank/Gov/Other (48.9%) Average Listing Price (Sold) $95,051 Market $115,620 Privately Owned $69,432 Bank/Gov/Other Average Sale Price $88,606 Market $108,320 Pri...

MiRealSource - Q1 - Market Statistics for Macomb County - Residential Sold Listings 1650 Total 807 Privately Owned (48.9%) 843 Bank/Gov/Other (51.1%) Average Listing Price (Sold) $95,310 Market $123,671 Privately Owned $68,160 Bank/Gov/Other Average Sale Price $90,074 Market $115,431 Privately Ow...

It seems to me that time and time again, I always hear about how the "older generations" are having a hard time coping with our constantly changing technology.  See, I'm 21, and what comes naturally to me may not be so for others.  I mean, let's face it, I was brought-up on this "newfangled" tech...

Leasing as an Alternative to Foreclosure This is probably one of the most least-considered options for Homeowners facing Foreclosure.  It seems that when things become dire, Homeowners automatically begin to think "SHORT SALE" when they can't sell their home the "old-fashioned" way, because they ...

When I first started in this industry, I was actually surprised to learn that Real Estate Agents can help put together Leasing Agreements for their clients!  I mean, it wouldn't have done very many people justice if we only catered to "traditional" Buyers and Sellers.  And let's face it, with the...

MiRealSource MLS Market Statistics for Macomb County, March, 2011 Ok...so it's a little late, but, as promised, here are the stats for last month... Sold Listings 660 Total 341 Privately Owned 319 Bank/Gov/Other Average Listing Price (Sold) $93,771 Market $124,102 Privately Owned $63,440 Bank/Gov...

With the multitude of Foreclosure and Short Sale property on the Market today, there has been a substantial decrease in the amount of quality inventory, and, without a doubt, this has caused Property Values to suffer... Looking at last month's numbers in the MLS, the average sale price hovered ar...

Although every Agent does business differently, Buyer Agency is typically solidified with both a signed disclosure, AND Contract!!  This is done to establish a set of rules which dictate when a comission is, in fact, earned! The Agent's first responsibility is to help their Client(s) understand t...

 Expired Listings From Day 1, as Real Estate Agents, one of the most highly-stressed methods of prospecting for business comes out of Expired Listings. Very simply, these are the listings that never made it to Closing, for one reason or another. When a Seller chooses NOT to re-list with their cur...