Selling Your Home Archives ⋆ Page 4 Of 4 ⋆ Boston Condos For Sale Ford Realty

Selling? What’s the commission?

Boston real estate - buying a home, Selling your home

The way a commission works is this (mostly): Seller decides to sell his or her property. He or she interviews a couple agents, decides on one. The commission due on sale is usually in the 5% range (in Massachusetts). This commission is split (usually) 50-50 between...

The biggest threat to the real estate market: basic human behavior

Selling your home

Actually, I should say it this way: the biggest threat to the health of the real estate market is the behavior of the average US homebuyer / homeowner. DEAR BOB: We are in the process of buying a larger home and aren’t sure what to do with the home we now own....

Tips for a simultaneous closing

Boston real estate - buying a home, Selling your home

Unless you’re a first-time home buyer, you’ll most likely have to deal with a situation where you’re selling your current home and closing on the purchase of your next home, at the same time. Meaning, the same day. That can, and will, cause lots of...

No, no, no. Money in escrow is NOT your agent’s

Boston real estate - buying a home, Selling your home

I don’t think many people would be confused about this, but just in case: QUESTION: Is the industry standard, if a buyer defaults on a contract to buy a house, the agent gets to keep the deposit, or does the seller get to keep all or part of the deposit? ANSWER:...

It’s no fun being a seller, these days

Selling your home

Two sellers, two different problems: First: [A] few days before the scheduled April 24 closings on both condos, the Reagans learned the buyer of their Haverhill condo couldn’t get financing. At the last minute, the Reagans were able to postpone their closing on...