Q: If I declined my right to a home inspection when I purchased my home, can I still sue the Seller for undisclosed defects I’ve discovered post-sale? A: Let me first start by saying, I am NOT an attorney, and you should probably speak to a Florida real estate attorney if you are having a […]
Ask a Realtor: What is a “Pocket Listing”?
Q: I’ve heard the term “pocket listing” a lot lately. What does that mean exactly? A: This can have a couple of different meanings. Sometimes a Realtor may have a signed listing agreement with a Seller, but the Seller is still working on some repairs to the home, or maybe the agent is waiting for […]
Ask a Realtor: How Clean to Leave My Home Before Closing?
A few weeks ago, I was scheduled to have a listing of mine close at 2pm on a Thursday. The buyer’s agent called me from the final walk through inspection, with his buyers frantic. “It’s completely dirty!” he exclaimed. “It looks like a bank owned home. The cabinets and floors have not been swept clean, […]
Ask a Realtor: Who Pays the Brokerage Fees & Closing Costs? Buyer or Seller?
Q: Who pays the brokerage fees/closing costs? Buyer or Seller? A: There are different customs in different states, but here in Florida, the Seller typically pays a commission or brokerage fee to a listing agent to advertise and market their home for sale. The listing agent then often splits or offers some portion of […]
Ask a Realtor: Won’t I Get a Better Deal by Calling the Listing Agent?
Q: I am a Buyer and I’ve been working with a Realtor who’s shown me a few homes. I saw a house today that’s not even on the market yet but had a sign out front. Shouldn’t I just call the Listing Agent to see it? Won’t I get a better deal by going through […]
Ask a Realtor: What Does “Active with Contract” Mean Exactly?
Q: I keep seeing some listings online that say “AWC” or Active with Contract. What does this mean? Is it available or not? A: Recently in our Multiple Listing Service there was a pretty major change with the addition of the “Active with Contract” status. Here’s what it means to you. When you are searching […]