A: Diamond Certified helps you choose a real estate sales agent with confidence by offering a list of top-rated local companies who have passed the country’s most in-depth rating process. Only real estate sales agents rated Highest in Quality earn the prestigious Diamond Certified award. Most companies can’t pass the ratings. American Ratings Corporation also monitors every Diamond Certified company with ongoing research and ratings.
A: Diamond Certified helps you choose a real estate sales agent with confidence by offering a list of top-rated local companies who have passed the country’s most in-depth rating process. Only real estate sales agents rated Highest in Quality earn the prestigious Diamond Certified award. Most companies can’t pass the ratings. American Ratings Corporation also monitors every Diamond Certified company with ongoing research and ratings. And your purchase is backed by the Diamond Certified Performance Guarantee. So you’ll feel confident choosing a Diamond Certified real estate sales agent.
Q: How do I know if a certain property is a good investment?
A: Your real estate sales agent should be able to help by providing plenty of information regarding property in the area from low end to high end. They can even provide historical information regarding how properties in the are have performed as well as an educated guess as to where they are going.
Q: How should I choose a realtor?
A: Ask about experience. Learn how many clients that real estate agent worked with in the last year or so and request permission to contact them.
Q: How can I maximize the value of my home?
A: There are several things that you can do to make a house more desirable for potential buyers. This is called staging. A good real estate agent will be able to help you stage your property in an effective manner.
Q: What about doing more extensive improvements?
A: Some improvements will pay for themselves when you sell the property. But this all depends. A knowledgeable real estate sales agent will be able to advise you.
Q: How can I build equity into my home besides making monthly mortgage payments?
A: Always try to send in a little extra. This extra amount will go directly to the principal of the loan rather than interest. Even $50.00 per month extra can build your equity quickly. It can also knock years off of your loan.
Q: If I want to purchase a home and I know the seller already has an agent, can I act as my own agent and negotiate a lower fee?
A: Most likely, you don’t have the knowledge needed to represent yourself. The seller pays the real estate commission rather than the buyer. The real estate commission is already set in the listing contract. It actually doesn’t cost you anything to have your own agent represent you because the seller is paying for it already.
Q: What is a housing ratio?
A: This is the percentage of your housing payment to your monthly gross income. Lenders use this ratio to determine how much money they will loan you.
Q: What is a spec house?
A: This is a home that was built without it being requested or ordered by a buyer. A spec house is not customized or built to a particular buyer’s tastes.
Q: What is an appraised value?
A: An appraised value is an opinion regarding a property’s fair market value based on an appraiser’s analysis and inspection of the property.
Q: What is an assessed value?
A: This is the public tax assessor value of a property. It is determined for the purpose of taxation.
Q: What is depreciation?
A: This is a decline in the value of property due to general wear and tear.
Q: Why should I use a real estate agent?
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A: A real estate agent acts on your behalf by providing you with guidance and advice while helping you buy or sell a home. An agent will be able to provide you with current information in a fast changing market that will be critical to your success in either purchasing or selling a home.