Brooke Worthy Brooke Worthy

Real Estate Commissions: How Much are Agent Fees?

Real Estate agents usually get paid when a deal fully goes through and makes it to the closing table, rather than getting paid hourly or weekly. So, how much do you pay your Realtor and are these fees negotiable? Let’s take a look at this realtor.com article to help answer these questions.

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Brooke Worthy Brooke Worthy

Who Pays the Real Estate Commissions and Closing Costs?

A recent settlement by the National Association of Realtors (NAR) that went into effect on Aug. 17, 2024, has led to changes related to broker commissions. This settlement includes changes to how real estate commissions are disclosed and negotiated, aiming to increase transparency and fairness for homebuyers and sellers. Let’s look at this realtor.com article to explain who pays what in a real estate transaction.

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Brooke Worthy Brooke Worthy

Let Us MANAGE Your Property!

Let us MANAGE your property! We specialize in 3 month, 6 month and 12 month rentals. Contact Meredith Killens, our property manager, today to learn more and EXPERIENCE the Neighborhood Realty difference.

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Brooke Worthy Brooke Worthy

What is a Buyer’s Agent?

Looking to buy a home? Prepare for a ton of paperwork, stampedes of buyers competing for the same home, and other challenges before you get your hands on those house keys. Having an agent dedicated to YOUR interests can make all the difference! We even have TWO of our agents, Margaret Neely & Brooke Worthy, who have received the special certification, Accredited Buyers Representative (ABR). Let’s learn more about what a buyer’s agent can do for you!

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Brooke Worthy Brooke Worthy

What Is a Realtor?

Realtor, real estate agent, salesperson, broker – there are many names and although there is a lot of overlap in the responsibilities of these roles, there are significant differences. And how do you choose the right Realtor for you? Thanks to this realtor.com article, we can help explain the differences and give you a list of questions you should consider when “shopping around” for your perfect Realtor!

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Brooke Worthy Brooke Worthy

New Rules for Buyers

Did you know that you are now required to sign an agreement with your Realtor before touring a home? As of August 17, 2024, the National Association of Realtors now requires all Realtors to have their buyers sign an agreement BEFORE entering a property. There are 3 agreement options for buyers. If you're not currently working with a Realtor and want to know more, we are happy to help explain the new process.

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Brooke Worthy Brooke Worthy

Let Us MANAGE Your Property!

Let us MANAGE your property! We specialize in 3 month, 6 month and 12 month rentals. Contact Meredith Killens, our property manager, today to learn more and EXPERIENCE the Neighborhood Realty difference.

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Brooke Worthy Brooke Worthy

The Pros & Cons of Buying Investment Property for your College Kid

With the University of Mississippi gaining another record-breaking Freshman class, many parents are buying a condo, townhome or house for their college kid to live in while in college. Let’s look at this realtor.com article that breaks down the pros and cons of this ever growing trend.

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Brooke Worthy Brooke Worthy

How to Declutter Before Moving

About to move into a new home? There is definitely one thing you MUST do: Declutter BEFORE moving. There is no better excuse to get rid of dead weight than an upcoming move. Check out this realtor.com article for tips.

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Brooke Worthy Brooke Worthy

Back to School!

Local public K-12 schools start back today! Parents, (some) children & teens and the Oxford-Lafayette community are excited to get back to a more routine schedule. We thought we’d share a bit about our two largest public school systems in the Oxford-Lafayette community.

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Brooke Worthy Brooke Worthy

Let Us MANAGE Your Property!

Let us MANAGE your property! We specialize in 3 month, 6 month and 12 month rentals. Contact Meredith Killens, our property manager, today to learn more and EXPERIENCE the Neighborhood Realty difference.

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Brooke Worthy Brooke Worthy

Should Buyers Waive a Home Inspection?

A buyer will typically have a contract to purchase with contingencies. These contingencies are meant to protect the buyer. We consider a home inspection to be the second most important contingency in a contract, second to a loan or financing contingency. But should a buyer consider waiving a home inspection? Let’s look at this realtor.com article.

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Brooke Worthy Brooke Worthy

Let Us MANAGE Your Property!

Let us MANAGE your property! We specialize in 3 month, 6 month and 12 month rentals. Contact Meredith Killens, our property manager, today to learn more and EXPERIENCE the Neighborhood Realty difference.

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Brooke Worthy Brooke Worthy

How Much are Mortgage Fees?

When shopping for a home, it’s important to note that the contract price of the home is NOT the actual price that you will pay at closing, if you are getting a mortgage loan. Additional fees and expenses should be discussed and accounted for, in addition to your down payment. The most common mortgage fees also fall under the umbrella of closing costs, those expenses you pay when you close on your house that help facilitate the sale (i.e., the appraisal fee, the title search, and the processing fee). Let’s take a look at this realtor.com article that helps break down these fees.

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Brooke Worthy Brooke Worthy

Let Us MANAGE Your Property!

Let us MANAGE your property! We specialize in 3 month, 6 month and 12 month rentals. Contact Meredith Killens, our property manager, today to learn more and EXPERIENCE the Neighborhood Realty difference.

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Brooke Worthy Brooke Worthy

7 Tips for First-Time Homebuyers this Spring

With Spring in full bloom, it’s the kickoff to the busy housing market. Thanks to this realtor.com article, let’s discuss the top 7 tips for first-time homebuyers to navigate this busy season.

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Brooke Worthy Brooke Worthy

Let Us MANAGE Your Property!

Let us MANAGE your property! We specialize in 3 month, 6 month and 12 month rentals. Contact Meredith Killens, our property manager, today to learn more and EXPERIENCE the Neighborhood Realty difference.

Read More
Brooke Worthy Brooke Worthy

Tax Deductions for Landlords

Own rental property? With the 2017 Tax Cuts and Jobs Act in place until January 2026, there are many deductions that rental property owners can claim. Check out this realtor.com article for more information.

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