What is the problem of real estate?
What is the problem of real estate?
Leading the list of current issues to watch is interest rates and the economy. While interest rates continue to climb, both the commercial and residential real estate markets are feeling changes.
What are the positives of being a real estate agent?
Here are some of the advantages of being a real estate agent:
- Flexible schedule. As a real estate agent, you’re your own boss and can schedule your day to fit your personal life.
- Unlimited income potential.
- Helping your clients.
- Career mobility.
- Business growth.
- Client referrals.
- Longer hours.
- Slow periods.
What are the benefits for being a real estate agent?
One of the greatest advantages of becoming a real estate agent is the unlimited income potential. As an agent, there is no limit to how much you earn. That’s because real estate agents work for a commission. Typically, the agent walks away with 2.5\% – 3\% of a property’s sale price.
What is ‘stigma’ in real estate?
Stigma is basically the effect that lingers after the cure. In real estate it can be something as simple as “how clean is clean?” This refers to a property that may have had an oil spill. The buyer may have full access to the reports from the environmental experts but due to say a migrating underground water supply,…
What are the different types of stigmatized properties?
Types of stigmatized properties. 1 1. Murder or Suicide Stigma. This stigma exists when someone is murdered or if someone commits suicide within the home. A murder or suicide stigma 2 2. Public Intrigue Stigma. 3 3. Paranormal Activity Stigma. 4 4. Criminal Stigma. 5 5. Debt Stigma.
How do you sell a stigmatized property?
There are three main approaches to selling a stigmatized property. The first one is to simply keep quiet. If your state doesn’t require you to disclose the property’s specific type of stigma, then simply follow the law and don’t disclose it.
Do I have to disclose stigma when selling a home in NC?
In North Carolina, sellers and agents don’t have to proactively disclose anything stigma-related, but they are legally required to truthfully answer any questions on the subject. That puts the onus on the buyer to do adequate research beforehand.