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Apr. 17, 2008
As you begin your house hunting process, you will probably already have a good idea of what type of home you are looking for. For example, you might know the size and style of the home you want to purchase and you might have a general idea of the city or town in which you want to live. Of course, it is important for you to share this information with your Realtor so you can be certain to find the home of your dreams. At the same time, there is plenty of information that your Realtor can provide to you that will also help you in your decision making process. Therefore, you should be certain to ask plenty of questions and to utilize your Realtor's knowledge to the fullest extent possible.
Finding Out About Schools
If you have a family or plan to start a family in the foreseeable future, schooling will likely be quite important to you. Therefore, you might want to ask your Realtor to help you acquire information about the school district you would like to live in. Many Realtors will not guarantee that you will be in a specific school district because these district boundaries can change. Nonetheless, he or she should be willing to help you find out what the current district boundaries are. In addition, the Realtor should be able to help you look up information about the school district, such as the scores the school has received on standardized testing and what the current teacher/student ratio is a the school.
Learning About Utilities
In addition to helping you find school information, your Realtor should also be able to help you learn more about utilities for the home you are considering purchasing. For example, the Realtor can help you find out whether or not the property is served by city water and sanitation. You will also be able to find out who supplies the electricity and gas to the home as well as whether or not cable is available on the property.
Zoning Information
You can also ask your Realtor to provide you with zoning information. If you think you might like to start a business in the home at some point, for example, you might want to look for property that is commercially and residentially zoned. The zoning may also have an impact on the resale value of the home, so it is worth your while to look into this information before making a purchase.
Finding Out About Crime
Your Realtor can also help you learn more about the crime rate in the area you are considering moving to. By finding out about these statistics, you can determine whether or not the property is in a neighborhood where you and your family can feel safe.
Remember, your main purpose is to find a home where you can enjoy living for the next several years and where you can feel comfortable with raising a family if you so desire. Similarly, you want to make a good investment, so take advantage of the knowledge the Realtor possesses so you can get the best of both worlds.
Author Bio: Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Realtor website, his Steiner Ranch Real Estate company's website, & his What is a Realtor website.
Apr. 5, 2008
One of the most popular tourist destinations in Central Texas is Hill Country, a scenic region with amazing natural attractions, quaint country towns and lovely hills and valleys. Austin is the gateway to this fantastic recreational area steeped in history and Southern charm. The Texas Hill Country welcomes more than 5 million tourists each year, and the clear rivers, towering forests and abundant wildflowers are just a few of the reasons they return again and again. From water sports and outdoor activities to shopping and golfing, Texas Hill Country provides a wealth of activities for all ages and interests.
The Texas Hill Country, just minutes from Austin, is full of natural attractions that provide the outdoor enthusiast with many chances to admire the scenery and recreate in Mother Nature’s playground. One of the top attractions is Enchanted Rock, a large natural rock formation more than 400 feet tall. Also top of the list is the Longhorn Caverns, where tours recall the days when outlaws, Native Americans and soldiers used them as shelter. Cool off at Barton Spring Swimming Hole and check out the wildlife at the Natural Bridge Wildlife Ranch.
Quaint Southern Texas towns provide a glimpse into the rural heritage of the Texas Hill Country. Villages such as Wimberley, San Marcos, Buda, Burnet and Johnson City are all nestled in the rolling hills and provide tourists with shops brimming with handicrafts and antiques and fine dining in restaurants overlooking the natural beauty of the region. Enjoy Texas history at several museums that instruct and educate visitors on everything from early Native American life to cowboys and ranchers. Visit the towns of Bandera, Dripping Springs and Taylor for true historical attractions.
When folks are looking to get out of Austin for a few hours, they head to Hill Country and participate in just a few of the many things to do in the area. There are lakes and rivers that are perfect for swimming, fishing, sailing, boating or tubing. Staying in a bed and breakfast is a wonderful way to get away for a day or a weekend. Check out historically important architecture in any of the Main Streets in the smaller cities in Hill Country, or hike, bike and camp in any of the national and state parks in the area. Visitors to the area can even take wine tours, guided ranch tours and art gallery tours if that is the kind of recreation they enjoy.
While Hill Country is located in the center of Texas, it’s easy to see why the area is considered the heart of this great state. The lush abundance of natural resources and Southern hospitality creates a unique combination of relaxation and rejuvenation. Using Austin as a base to explore this amazing region is a wonderful idea for those seeking to maximize their time in Texas Hill Country.
Author Bio:
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Lake Travis Real Estate website, his Austin real estate company's website, & his Austin real estate blog.
Mar. 27, 2008
When the time comes to sell your home, it seems like your To Do list is a mile long. The house has to be immaculate inside and out, the hoards of potential buyers are beating on your door, and the legal and financial details of the home sale process loom. Don’t be tempted to handle this situation by yourself; instead, make your life infinitely easier and use a Realtor® to help you sell your home.
The lure of saving money is a strong one. Most Realtors® charge between 5% and 7% on commission. As the seller, this comes out of your proceeds at closing. I know you’re doing the math right now, and thinking that there’s no way that using a Realtor® is worth anywhere near this much money. However, it truly is worth every penny; here are the top 3 reasons why you should use a Realtor® when selling your home.
1. The Security of Your Family and Home
You cannot put a value on the security of your family and home. You want your family to be safe in your home without having to worry. But remember when I mentioned the hoards of potential buyers for your home? If you sell your home yourself, you have to meet with each one of these buyers by yourself. The problem is you never know who these people really are. It’s horrific to consider, but it has happened where people have gone to a home on the premise of looking to purchase it and instead have committed a crime.
When you use a Realtor®, you don’t have to meet with the potential buyers and thus expose yourself and your family to possible harm. Instead, each person that enters your home is accompanied by a licensed Realtor®. This helps you twofold. First, because the person is in your home with a Realtor®, you and your family don’t need to be there. This mitigates the risk of someone harming you while in your home. Secondly, the chance of someone committing a crime against your property, either through theft or vandalism, is drastically reduced by their Realtor® being present.
2. The Value of Your Time
Let’s backup for the moment to a point I mentioned previously – the hassle of dealing with potential buyers. When you sell your home yourself, you’re the sole contact with potential buyers. If someone wants information, they contact you. This means your phone will be ringing constantly. And you can’t just ignore these calls; if you do, your house will take even longer to sell.
Even better…remember the part about keeping your house immaculate? When you sell your home yourself, this has to be true 100% of the time. People can and will pull up outside your home and demand to look inside at any time of the day or night. If you ask them to come back at a more convenient time, you could easily lose a sale.
But by using a Realtor®, this hassle is saved and your time is reaffirmed to be as valuable as you and I both know that it is. Your Realtor® handles all the phone calls, and is specially trained in how to answer these calls professionally without compromising the sale of your home. And your Realtor® coordinates the showings with other Realtors®, leaving you with specific times for the showings. This will allow you to relax and enjoy the time you have remaining in your home.
3. The Value of Peace of Mind for the Future
Selling a home is a complicated legal and financial prospect. Sure, you can buy generic forms to fill out for the Purchase Agreement and everything else needed. But what assurance do you have that they’re filled out in a way that protects you for the future? After all, you certainly don’t want to deal with a lawsuit five years from now with your buyer saying that you made an error in the paperwork on the transaction.
When you hire a Realtor®, they shoulder this burden. Realtors are required to carry what’s known as Errors & Omissions insurance. This insurance protects you from such little errors. If there’s a problem, the insurance company is who works to resolve the situation, not you.
So don’t succumb to the lure of saving the commission money. Hiring a Realtor® is the absolute best thing you can do as you prepare to sell your home.
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Lake Travis real estate company's website, & his Austin condos website.
Mar. 9, 2008
The presidential primary March 4th in Texas may decide which Democrat faces the likely Republican Party nominee, Senator John McCain of Arizona. Hillary Clinton and Barack Obama, the final two Democrats left, face off in a tough, high-profile showdown in the Lone Star State.
The Democratic candidates are almost in a dead heat in the state, according to a Houston Chronicle poll. Texas voters in the Democratic Party primary are diverse, with just more than half either Hispanic or African-American. The 228 delegates will be split according to vote totals in the 31 state senate districts, with precinct conventions and a state caucus deciding the rest. Also, voter participation in the 2004 and 2006 elections for each district decides how delegates each senate district receives. For example, a heavily Hispanic district in south Texas with low voter turnout in the last two statewide elections could receive 7 delegates, while a high-turnout district in Houston gets 10 delegates, according to Chronicle. This complicated system of choosing delegates has some Democrats unhappy and calling for a change.
The estimated cost to campaign in Texas’ diverse markets is an expensive million dollars a week, and Senator Obama has been raising that much per day, collecting $32 million in January, while Senator Clinton just loaned her campaign $5 million, and some of her senior aides are working without salaries this month. After raising $13.5 million in January, Clinton announced Feb. 7th that her campaign raised $7.5 million in just one week; Obama’s campaign then went out and raised that much in 36 hours. That’s why Mrs. Clinton wants to debate Senator Obama once a week on television, since such publicity is free. So far, Mr. Obama has agreed to only one debate, and that’s in Cleveland, Ohio, February 26th on NBC. There’s also talk about one Texas debate.
Former White House Senior Advisor Karl Rove proclaimed on Fox News Feb. 7th that the Democratic nominee will come out of the Texas Primary, and that may be the case.
If Senator Obama momentum continues and he wins the most of the contests Feb. 19th, as polling suggests, he will come into Texas ahead of Mrs. Clinton. Already in big trouble, if Hillary then loses Texas, she would come into the Democratic Convention an underdog, if not outright loser. If Obama loses in Texas, Hillary may still win the nomination. With Ohio also voting March 4th, Texas may decide which Democrat faces Mr. McCain November 4th.
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Austin condos website, & his Austin welder website.
Mar. 9, 2008
The economic outlook for Texas during 2008 points towards slower growth, yet that’s still better than most parts of the country, which will see no growth at all. Texas, with the 2nd largest state economy in the U.S. and the 15th largest economy in the world, will record growth of about 2.2% annually, according to the Texas Workforce Commission.
Warm weather, undervalued real estate, lack of a state income tax, and good jobs
continues to attracted people to the Lone Star State. These new residents all need a place to live, so the real estate market statewide should continue to be busy, though less busy than recent high-water marks, like 2006.
Recent national uncertainty about a slump in the housing market and a “credit crunch” has lowered consumer confidence, and the United States may now be in a recession for the first time since 2001. Higher energy costs, mainly the near $100 per barrel price of oil, are now reflected in the price of many goods and services. The Federal Reserve Board (the Fed) cut a key interest rate, the federal funds rate, twice over a two week period, by 125 basis points (1.25%), to increase lending and public consumption. The Federal Reserve Board Open Market Committee, which sets the federal funds rate (the overnight interest rate that banks charge each other), meets again March 18th, and MarketWatch.com reports that the Fed could lower the rate again, this time by 50 basis points (.5%). Controlling this interest rate is how the Fed regulates the money supply in the U.S. economy, and this in turn helps manage inflation and interest rates. Such actions by the Fed make it appear that either the economy is in a recession now or quickly sliding into negative growth.
The Fed reports that banks are raising credit standards at a rate not seen since quarterly surveys of senior bank officers began 17 years ago. Mortgages, consumer loans, commercial real estate loans, and just plain business loans will see higher credit standards, the Fed reports. As most economists know, tighter credit generally slows down economic growth.
To increase growth, Congress just passed a stimulus package worth about $160 billion dollars, and President Bush is expected to sign it into law, though some economists doubt that it will have any effect.
However, with high population growth and low unemployment, like a 4.3% jobless rate at the end of December, Texas continues to outperform the national economy. Economists predict this growth to continue throughout 2008, according to the Real Estate Center at Texas A & M University.
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Austin Texas real estate company's website, & his Austin Texas welding website.
Mar. 9, 2008
The economic outlook for Austin generally mirrors the Texas forecast: local job and population growth outperforms the national economy. The Texas Workforce Commission predicts 3.1% job growth, while local economist Angelos Angelou predicts 2.3%. The unemployment rate for December 2007 was estimated at 3.6%, down from 5.1% in the Austin area during October 2006.
Austin population growth is driven by the high quality of life in the region, with the area being ranked as the top destination for relocating singles and families by several publications. Also, MSN recently ranked Austin as “The Greenest City in America” , continuing a string of “best ofs” for the city. Located on the Interstate 35 Corridor, the city has grown in population the 3rd fastest in America this decade, with Ft. Worth first and San Antonio fourth, according to data from the U.S Census Bureau. Population growth of 42,000 is projected for 2008, down from a high of about 60,000 experienced in 2006, according to the Austin-American Statesman.
Demand in the local real estate market is down as compared to 2006 but is still positive, with generally more houses on the market. Angelou predicts that if local homebuilders react to negative national trends, housing starts in Austin will fall while the local market is still healthy and homes are still in demand, which would then create a low inventory of new homes for sale. The result, he predicts, would be an increase in demand for rental housing such as apartments and result in a spike in rental prices.
Another indicator of the local real estate market is how much work property inspectors are doing, since their work is usually in demand when real property changes hands. According to my survey of inspectors, most say their number of inspections has dropped more than 50% since September 2007. Many did say, however, that the drop could be seasonal and that demand for their service should increase by May 2008.
Most job growth should appear in Austin’s traditional strong areas, like government, education, and health services. As the state capital and seat of Travis County, local, state, and federal government employs more than 150,000 workers, and that’s expected to increase, according to Texas A & M’s Real Estate Center. As an education hub, with the University of Texas and more than 20 other colleges within 30 miles, and several large public school districts, Austin will need more education workers. The “Live Music Capital of the World” continues to employ many in the leisure and hospitality industry, and large healthcare employers like Seton and St. David’s are expected to add workers.
With the quality of life high and the population continuing to increase, Austin should see positive job growth through 2009.Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas.
Eric currently manages his Austin Real Estate website, his Austin Texas real estate company's website, & his Austin Texas welding website.
Mar. 6, 2008
The business world is rumbling over Dell’s recent purchase of MessageOne. The reason? MessageOne just happens to be owned by Michael Dell’s little brother, Adam. In addition, through a whole mess of investment funds, Dell’s parents and Adam’s wife and children are also part owners of MessageOne.
Knowing the ownership of MessageOne makes it a little easier to understand why some people in the business world are scratching their heads about the $155,000,000 buyout. Was this really a smart business move on behalf of Dell, or was it simply a scheme to keep all the money in the family?
On the surface, it seems that the transaction was all on the up and up. Adam Dell wasn’t involved in the acquisition and he only stands to make close to $1 million on the buyout. Dell’s parents will be making around half a million dollars, and the $12 million that is going to the personal family trust is being donated to charity. Nonetheless, in a day and age when business executives seem to be routinely bending and twisting laws and regulations to suit their needs, it is understandable why so many are wondering if this transaction was really as innocent as it seems.
Perhaps the biggest question mark associated with the transaction is the fact that the purchase doesn’t really seem like a necessary one. Most business analysts are having a difficult time understanding how MessageOne, which is a provider of email management services, really fits into the Dell business scheme.
Still, MessageOne does report that it made somewhere around $40 million last year and Dell certainly has the marketing power to take the service to a whole new level. And, let’s not forget that it is not unusual for successful companies in the technology field to branch off into other areas. After all, Google recently coughed up $600 million to purchase Postini, which provides email filtering services.
Whether or not it was truly a clean deal will remain to be seem. As the CEO of corporate ethics consulting firm Corpedia, Alex Brigham, put it “You would think [Dell’s] parents might have [also donated the proceeds to charity]. And Adam, too. Then the deal would have been much cleaner and smelled much better.”
Author Bio:
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Austin Texas real estate company's website, & his Austin Lofts website.
Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Texas Real Estate website, his Austin real estate company's website, & his Steiner Ranch Realtor website.
Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Realtor website, his Austin Texas Realtor company's website, & his San Antonio Realtor website.
Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Northwest Austin real estate website, his Austin Texas real estate company's website, & his Steiner Ranch real estate website.
Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Tulsa real estate company's website, & his San Antonio real estate website.
Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Lake Travis Real Estate website, his Austin real estate company's website, & his Steiner Ranch real estate website.
Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Buda Texas real estate company's website, & his Steiner Ranch real estate website.
Nov. 27, 2007
A mainstay of Austin culture and art since 1916, and in its present location since 1996, the Austin Museum of Art has provided the community with accessible artwork to enlighten and educate its citizens. Echoing the words of museum patron Clara Driscoll, the museum is a place that "brings pleasure in the appreciation of art to the people of Texas."
Today, the Austin Museum of Art-Downtown continues to educate a broad audience on 20th century and contemporary art, with a world-class gallery, continually changing exhibits and even an Art School. For you and your family, it's a place to appreciate loveliness and creativity in many forms, as well as release your inner artist. You will find that the museum is centrally located downtown and housed in a contemporary-style building, perfectly reflecting the modern art inside. Each exhibition at this Austin, Texas museum is generally paired up with listening or reading stations, interpretive programming and museum guides who can reveal the unique and important impact that the visual arts create. Past exhibits have included everything from photography, sculpture, paintings, charcoal drawings and pottery collections.
The downtown location is a permanent expansion from the original museum, and provides a broad range of community-oriented features. The Community Room can be rented or reserved for activities or private functions as needed. The Art School holds classes in many different mediums for all ages. Try a beginner's class in watercolors, or enroll your child in the 3-D Art class designed for kids. The museum store is also located on-site and provides art-related gifts, books, toys and jewelry. It's perfect when you need a gift for the person who has everything or simply for browsing after an afternoon of viewing the latest exhibits in town.
The Austin Museum of Art is also dedicated to education enhancement, in the form of teacher seminars, adult education, group tours and family programs. It's a way for Austin, Texas residents to connect with the arts on a personal level and walk away with an increased understanding of their world. With an active volunteer program that enables Austin, TX citizens to act as museum docents, it's easy for just about anyone to get involved.
The museum is open from Tuesday through Saturday from 10 a.m. to 6 p.m. and Sunday hours are from noon to 5:00 p.m, and closed Mondays and holidays. Located at 823 Congress Avenue at 9th Street, the museum is adjacent to a convenient parking garage at 9th and Brazos. Admission is $5 for adults, $4 for seniors and students and free for children 12 and under. Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his downtown Austin condos Guide, his downtown Austin company's website, & his Austin TX Welder website.
Nov. 27, 2007
Now in its 97th year, the Austin Symphony is the pinnacle of cultural events in the Austin, TX area and the beginning of the live music scene that dominates the modern entertainment culture of this vibrant Texas city. Showcasing classical music that spans continents, genres and generations, the Austin Symphony brings together almost 100 musicians who work together to create memorable music.
Even if you've never attended a symphony before, you can appreciate the Austin Symphony. With a quick introduction to the strings, woodwinds, brass and percussion and a little insight into the pieces that will be played, you can enjoy just about any presentation. Simply let your mind follow the highs and lows of the piece and feel the music as it wraps around your emotions and feelings.
The Austin Symphony presents a wide variety of music from many different composers. In one season, you might have the choice between Beethoven, Strauss and Handel as well as a "Simply Sinatra" concert, a string quartet or a guitar quartet. The diversity means that everyone will be able to find some kind of music that appeals to them. Tickets are easy to purchase online or at the ticket office for the Austin Symphony.
It's easy to find out what's in store as far as concerts from the Austin Symphony-their easy to use website shows the season calendars and the events and featured artists that are coming up. Generally, the Austin Symphony performs eight classical concerts, four pops concerts and two family concerts. Elsewhere in the community, the Austin Symphony performs at such exiting venues such as during the city's Fourth of July events and the free concerts in the park during the summers. The symphony also performs holiday concerts for the residents of Austin, Texas to enhance the holiday atmosphere.
The Austin Symphony even holds concerts that are appropriate for children, presenting some of the more classic works in a friendly and shortened concert. There is also a chance for children to learn more about the different instruments, meet the conductor and learn more about the composers of whose work is being played. The Children's Day Art Park is a fine place to see the musicians up close and listen to new music from the Austin Symphony.
Several award-winning education programs are organized through the Austin Symphony. These programs allow for musicians to visit classrooms in the Austin, TX area, provide study guides for music teachers, bring students for field trips to the concert hall and allow young musicians the chance to play with a real orchestra. Designed to enhance art appreciation in youngsters, the Austin Symphony has been recognized by the National Endowment for the Arts and the American Symphony Orchestra League. Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin TX Real Estate Guide, his Austin real estate company's website, & his Austin Welder website.
Nov. 27, 2007
Touted as the "Live Music Capital of the World," the city of Austin, Texas, has a rhythm of its own. With more live music venues per capita than any other music center in the world, Austin, TX dominates over other places known for music such as Nashville, Los Angeles or Las Vegas. The city of Austin, Texas offers several programs to assist musicians and to promote their music in a variety of genres, from country to blues.
Whether you are just arriving in Austin, Texas for the first time or you are a local coming home, you will be greeted at the airport with live music at three different airport venues. The Austin-Bergstrom International Airport is just the first reminder that you've entered the "Live Music Capital" of Austin, TX.
The Plaza at the Austin City Hall puts on a music showcase with different scopes that highlight different musicians and their music. Free concerts are given between April and October at The Plaza, making the music series "Live From The Plaza" one of the more popular music venues around. The Parks and Recreation Department also highlights musical performances, with summer concerts in various locations, such as the Zilker Hillside Theater.
Many private organizations have emerged as a result of the hot music scene in Austin, TX. The city's famous Sixth Street is the heart of the live music scene, with more than 50 nightclubs, restaurants, bistros and dance clubs showcasing the latest musicians in a variety of music styles. West of the business district lies what is known as Austin's Warehouse District, fast emerging as another neighborhood devoted to live music. With edgier restaurants and clubs renovated from old warehouses, the Warehouse District features trendy bars, restaurants and amazing concert halls.
There are several theaters in Austin, Texas that spotlight more live music, such as Esther's Follies. Located on Sixth Street, Esther's Follies has featured live acts of magic, comedy, music and sketch comedy for more than two decades. The Frank Erwin Center hosts many concerts and other musical events from its Red River Street location. The Zachary Scott Theater is another place to enjoy a wide variety of live entertainment, from seasonal plays to old-fashioned music concerts. Austin, Texas has many other theaters located throughout the city that are just waiting to be discovered by eager residents.
Of course, the "Live Music Capital of the World" wouldn't be complete with out music festivals, and Austin, TX hosts several noteworthy ones. Try out the Austin City Limits Music Festival, a 3-day celebration of Austin's music. The Southwest Music, Film and Interactive Festival highlights worldwide talents in each category. The Urban Music Festival and the Old Settler's Music Festival are two more popular events just right for the whole family. Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin TX Real Estate Guide, his Austin real estate company's website, & his Austin Welder website.
Nov. 27, 2007
When you meet with the real estate agent for the first time, there are several questions you should ask in order to determine if you are good match. These questions include:
• How long have you been in this business?
• What is your list-price-to-sales-price ratio?
• What is your marketing plan?
• What are your references?
• What separates you from the competition?
• What do you charge?
• What type of guarantees do you offer?
Although it is possible to get good service from a real estate agent that hasn't been in the business for a long time, you are better off dealing with a real estate agent with experience in the business. If you are considering working with a newer real estate agent, find out more about that agent's mentor or supervising broker in order to see if he or she has someone with experience to help with the process.
The average list-price-to-sales-price ratio is also an important consideration because you want to choose a real estate agent that will be realistic about the asking price and that will work hard to get you the amount you are asking for. Similarly, you want to learn more about the real estate agent's marketing plan, such as where and how he or she advertises.
The real estate agent should also be able to provide you with references, and you should be sure to follow up with those references and to ask them questions as well. In addition, the real estate agent should be able to clearly explain to you what he or she can offer that the competition cannot. Finally, the real estate agent should charge a reasonable fee while also providing guarantees, such as allowing you to cancel your contract if you are unhappy with the agent's services.
Questions Your Real Estate Agent Will Ask You
In order to best serve your needs, your real estate agent should ask you several questions as well. For example, the real estate agent will want to know whether are not the real estate you are trying to sell is currently occupied. If so, the real estate agent will need to make special arrangements when showing the house to prospective buyers.
The real estate agent will also want to know if there is anything special about the property that you think should be highlighted while showing it to potential buyers or if there are any problems with the home that need to be repaired. Similarly, the real estate agent might want to know if you are willing to spend any extra money in order to make improvements on the home in order to improve the chances of making a sale.
In all, you should expect your real estate agent to communicate with you effectively and to make an effort to make the entire process as convenient and as profitable for you as possible. Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate Guide, his South Austin real estate company's website, & his Austin real estate Guide.
Nov. 5, 2007
Making the decision to finally purchase a home is one of the most exciting moments in your life. At the same time, it can be quite confusing and even overwhelming as you try to make the best decisions for your financial future. One way to make the process go much smoother and to alleviate your fears is to hire a real estate agent that is on the same page as you and that knows what you are looking for.
In order to make sure you are on the same page as your real estate agent, communication is key. After all, you cannot expect the real estate agent to simply know what type of home you are looking for or to understand your needs. Therefore, before you enter into any agreements or begin the house hunting process, there are several things you should tell your real estate agent.
Consider Your Long Term Plans
When making your home purchase, you should have some kind of idea of your long term plans. Of course, life doesn't always happen the way we expect and these plans might change, but you still want to make a real estate purchase that is in line with your current goals. For example, if you will only be living in the home for five years and are hoping to sell it for a substantial profit when you are ready to move, you might want to look at different real estate than what you would look at if you are planning to live in the home until after your young children have graduated from high school.
Express Your Needs
When discussing your ideal home with your real estate agent, you need to take care to thoroughly express your needs. For example, if you currently have kids or are planning to have children in the near future, you will likely want to purchase a home that is in a good school district. On the other hand, if you are a retired couple that enjoys taking walks in the park, you should communicate this to your real estate agent so he or she can look for homes that are near to community parks.
The more you communicate about your family, your lifestyle, and your hobbies, the better your real estate agent will be capable of finding a home that is well suited to you. Although your real estate agent is not a mind reader, many are quite good at understanding the needs of their clients based on this type of information. In fact, your real estate agent may be able to make some suggestions that you hadn't even considered while dreaming of your future home.
The more you communicate to your real estate agent, the better he or she will be able to pick out properties that will be suited to your needs. At the same time, if you notice that your agent is selecting homes that are nothing like what you are looking for, be sure to communicate this to your agent as well. Similarly, as you walk through homes with the agent, be certain to point out the features that you like and do not like. These little "hints" will help the agent get better in tune with what you are looking for in your dream home.
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Realtor Guide, his Austin real estate company's website, & his Steiner Ranch real estate Guide.
Nov. 5, 2007
Many people mistakenly believe that a real estate agent and a real estate broker are the same, but this is actually untrue. While both a real estate agent and a real estate broker must undergo schooling and must pass a state real estate exam, there are some very significant differences between the two.
Considering Licensing
From a technical standpoint, the difference between a real estate agent and a real estate broker is the fact that they hold different licenses. In order to obtain the different licensing, a real estate broker must actually complete additional coursework beyond what a real estate agent must complete.
Although many people use the terms real estate agent and real estate broker interchangeably, a broker actually has more schooling and bears more responsibilities throughout the transaction.
Since a broker has more education and experience, real estate agents actually work beneath the broker. Therefore, a person that works as an independent realtor must be a broker as well. A real estate agency with multiple employees, however, may have only one licensed broker and several agents. While the agents will perform many of the same functions as the broker, the broker is the one that is ultimately responsible for ensuring the transaction is completed properly. In exchange for taking on this added responsibility, the broker receives a percentage of the commission the agent earns when selling a home.
The Personal Touch
When it comes to working with a real estate broker versus a real estate agent, you will probably notice little difference if you notice a difference at all. This is because agents are licensed and capable of performing the basic tasks that most buyers and sellers are interested in having completed for them. For example, if you are looking for a home, an agent can easily take you to see a variety of homes and can help you reach a deal with the seller. Similarly, if you are selling a home, a real estate agent will have access to all of the same connections as the broker he or she works for.
If you are working with an agent rather than directly with the broker, you should expect to receive the same level of service you would receive from the broker. If you are unhappy with the agent's service, however, you can contact the broker and request that another agent be assigned to you. Similarly, if you have any questions or concerns that your agent cannot seem to address, you should contact the broker in order to make sure you are on the right track with the selling or purchase of your home.
The fact that every real estate agent is backed up by a broker is somewhat of a safety net for you as a consumer. In fact, if a crisis situation arises, the success of your transaction may come down to the abilities of the broker. Therefore, when hiring an agent, be sure you are comfortable with both the agent and the broker if they are not the same person. That way, you will be guaranteed the best experience possible.
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Northwest Austin Real Estate Guide, his Austin real estate company's website, & his Austin Condominium Guide.
Nov. 5, 2007
If you hope to have a smooth experience that results in the real estate purchase you are looking for, it is important to take the time to select the best real estate agent for your needs. Although all real estate agents are capable of helping you complete your real estate purchase, there are certain agents that are better suited for certain types of purchases. Similarly, there are a few signs to watch for that will indicate whether or not you have a quality real estate agent at your side.
Consider Your Purpose
When selecting the real estate agent for you, it is important to consider the type of real estate you intend to purchase. For example, if you are interested in purchasing an apartment complex as an investment purchase, it is generally better to work with a real estate agent that specializes in selling these types of properties. Of course, you can use a real estate agent that deals mostly with selling homes, but one that specializes in the type of property you are looking for is more likely to have the types of connections you need to purchase the type of property you are looking for.
Consider Qualifications
While it is fine to work with a real estate agent, you should look for someone that is a real estate broker or a licensed realtor. An agent that is a member of the National Association of Realtors will have a displayed REALTORS® logo that will let you know that he or she has achieved this licensure. It is important to look for someone that is certified by the National Association of Realtors because this means the agent has pledged to follow a Code of Ethics that holds them to a higher standard than what is required by law.
Consider Referrals
Of course, it doesn't matter how many great qualifications the real estate agent has if he or she does not work hard for clients. Therefore, it is always a good idea to listen to referrals from other people. If someone you know had a good experience with a particular real estate agent, the chances are pretty good that you will have a good experience with that agent as well. Remember, good real estate agents stay in business because they have satisfied clients - give your business to someone with a proven track record.
Do Your Research
If you don't know someone that can refer a great real estate agent to you, you are going to have to do a bit of research. A good place to start your research is on the Internet. Visit the web sites of various real estate agents and get an idea of the types of services they provide. Look up the profiles of the real estate agents in order to get a better idea of their qualifications and experience. A site that contains customer testimonials is a good start as well - read the testimonials in order to get an idea of what other people are saying about the agent before making your final decision.
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Texas Real Estate Guide, his Southwest Austin real estate company's website, & his Central Austin real estate Guide.
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