Gloria Castro's (gloria29) Blog

Estimating Market valueAfter making all the required adjustments for varying features, you will have an adjusted market value figure for each comparable. You'll use these figures to estimate the market value of the seller's property. To do this, you have to evaluate the reliability of each compar...

Neighborhood analysisFew factors have as much impact on a property's value as its location, or neighborhood is an area that contains similar types of property; it may be residential, commercial, industrial, or agricultural. It's boundaries may be determined by physical obstacle, land use patterns...

responsibility of real estate agentAs you make your listing presentation and later prepare offers to purchase a home, you have two major responsibilities in regard to environmental issues. First, recognize potential environmental hazards and secondly, recommend that the seller obtain the advice o...

LandslidesProbably the most costly geologic problem effecting homeowners is landslides. It is quite common for a house to be built close to a cliff overlooking a body of water in order to take advantage of the view. However  the weight of the house on unstable soil, particularly after heavy rainf...

New constructionIf you are representing someone who plans to build a new building you should be aware that all new constructions of of places of public accommodations must complete with the ADA requirement. Model homes are not ordinarily required to meet ADA requirements. However, if a model home...

advertise listed When you advertise listed properties, make sure that all your advertising  complies with fair housing laws. Never send flyers or choose advertising media based on discriminatory ideas, and make sure any models included in ads do not have discriminatory implications. Remember to i...

Listing Agreement When you go to a listing appointment, you take along the listing agreement form used by your office. It is probably a form provided by your local multiple listing service or association of  Realtors. Brokers rarely use their individual listing forms and you certainly aren't expe...

agency and agency lawAgency law is the body of statutes  and court decisions that govern agency relationship in a wide variety of contexts. For example, agency law applies to the relationship between lawyer and client, or between trustee and beneficiary. It is also the legal basis for a real esta...

IN A crowded elevator, one man asked another, "How's business?" "Last year we sold 500,000 houses, 700,000 farms and 750,000 schools," came the reply. "This year we ought to do equally well and, in addition, sell 1,200,000 garages." As the elevator descended, there was heavy silence for a moment....

A new sales assistant was hired at a large department store. On his first day, the sales manager took him around to show him the ropes. They were passing by the gardening section, when they heard a customer asking for grass seed. The sales manager stepped in.Sales manager: Excuse me, but will you...