For the last 3 years now, the National Association of Realtors' stats show that you have less than a 1% chance of producing a buyer for your home as a result of the open house. So, the answer is NO.
Certainly it can't hurt, but not necessary. Many agents do it to generate buyers for other homes. And certainly it is possible. Also many agents will state that it works, but the stats are true....less than a 1 in 100 hundred chance.
Have you listed your home yet? Let me know if I can show you my marketing plan with proven methods that work.... more
The commission rate of 5% is still very common in the county. Of course, realtors would love to make higher commissions, however it's still quite acceptable. Keep in mind that this is not a rate that is "set" by anyone. I consider it a negotiable term between you and your broker.
Best of luck to you!
Never wait. The listing generates the most interest in the first two weeks. After that you get lower offers or have to agree to a price reduction to generate more interest. Have your agent call all the other agents that submitted offers and see which of their clients is still interested. Some may already be under contract some may still be looking. You always respond to offers, the sooner the better. Waiting never works out!!!!... more
First check the price, have another market analysis completed to make sure you are priced correctly. Next where and to who is your home being marketed. Lastly an offer is what starts the sale process, with 2 offers why couldnt you make one work? It is not that great of a market that offers should be rejected without counter offers.... more
There are a number of factors that could cause this, but it is usually a higher demand of a certain neighborhood/community that commands a higher price. A lot of factor can change the price of homes from block to block, street to street, so 4-6 miles is a good distance. A lot of things could be different or the same. Take a real in depth look at the communities to make the best decision for you and your family.
Good luck in your search... more
Yes, this is normal. This is also known as a front footage fee or special assessment. The builder is passing off the cost of the water/sewer system to the homeowners. Rather than asking for the homeowner to pay this up front, they divide it among usually 40 years (in this case, 33). When your mother sells the home, the fee will pass to the new owner.... more
Have a reputable title company search this for you. If it was not redeemed then it will still apply. And no, if it was not redeemed by the deadline the property is not free and clear. That is now being disputed legally for all properties in MD.... more
falling, see the links below for "Local Info" that Trulia has collected about your area.
Elkridge Howard County is more expensive so in theory it is more desirable since buyers are willing to pay more in Howard County. Howard County's school system is well thought of and home prices tend to be higher in Howard vs AA County.... more
The market dropped in early 2009, but has been pretty level since. It is too hard to identify info as you are requesting without having a specific home to comp out. Generally, I would suggest not worrying right away. Real Estate over the long haul will bounce back. We live in a great area of the country with plenty of jobs coming our way. The 1st phase of BRAC is starting to fill in this Oct 2010.
So, as long as you have a few years, I am sure you will see values go higher in your favor.... more
Complaints about a Realtor should be investigated at your local real estate licensing board. Also, I'm assuming, by using the term "Realtor" that he/she is a member of a local association, state association and the National Association of Realtors. That may not be true, though as many people erroneously interchange the term "Realtor" for real estate agent. A Realtor is a member of the National Assn of Realtors. If that is the case, you may check with your local real estate association to see if there have been any ethics complaints or hearings, as Realtors are sworn, as a condition of their membership to uphold a higher level of ethics and accountability than is generally required by law.
Good luck to you!... more
As a parent/consumer myself, I totally understand your concern. To help you make your decision, I suggest talking with some of the neighbors in both areas to hear their thoughts on the school district. I would also recommend checking out the achievement levels for both districts at http://www.hcpss.org/academics/ .
I hope this information is helpful. If I can be of further assistance, please don't hesitate to contact me. I'd be more than happy to assist!
Rochelle Johnson, "The Consumer Realtor"
Coldwell Banker Residential Brokerage
301-646-9888 (cell)... more
I live in Hanover and know that prices have dropped. I just did a quick MLS search on 21075 and 21076 2007-2008 built townhouses and generally Hanover is more expensive with the first TH starting at $399K in Hanover and $310K in Elkridge. The positive for this area is that there will be a great number of people moving into the area over the coming years so personally, I believe prices will not go down too much further. But now is as good a time as any to make a deal as it has been slow for builders.
Let me know if I can be of further assistance.... more
I personally have never heard of this.
The buyer's agent fee is paid by the seller from a commission he has negotiated with his broker.
Buyers don't normally pay anything to their agents unless they are working with a FSBO who does not want to pay commission, in which case the buyer may be willing to compensate his agent from his own pocket.
Was this fee explained in the the buyer agency agreement (if you have signed one)?... more