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General Area in Collin County : Real Estate Advice

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  • Local Info1
  • Home Buying9
  • Home Selling3
  • Market Conditions0

Activity 39
Cheryl Brews…, Real Estate Pro in Frisco, TX
Sun Jun 28, 2015
Cheryl Brewster answered:
Hi Beth,

I would be happy to provide you with a school rating guide from 2013-2014 as this is the most current to date. Also if you go to you can get a wealth of information!

I live and work in Prosper and would be delighted to answer any questions you have about this wonderful City! You can also find more information and do a MLS home search on my website:

If you can share with me your email I will provide you with the D/FW school accountability ratings.

All My Best,

Realtor Cheryl
214-207-1159 cell/text
I’ll lead you the way home!
Ebby Halliday REALTORS
1415 Legacy, Suite 100
Frisco, TX 75034

To search ACTIVE properties as seen on the Multiple Listing Service, Click:
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0 votes 6 answers Share Flag
Amy Arey, Real Estate Pro in Allen, TX
Wed Jun 17, 2015
Amy Arey answered:
Hi Howard and Pascal!

I was just showing this community to out of town guests the other day! Beazer has some great incentives right now. What I would recommend would be dependent of course, upon what you're looking for. Feel free to contact me if I can be of any assistance. I live in Mckinney as well :)

-Amy S. Arey, Realtor
Halo Group Realty, LLC
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1 vote 4 answers Share Flag
Shawn Wacasey, Real Estate Pro in Plano, TX
Thu Jun 11, 2015
Shawn Wacasey answered:
Join a team. Most good teams drive leads to their team members. I know of a couple of brokerages that have leads built into their business plans but your split is significantly lower if you use their leads. ... more
0 votes 4 answers Share Flag
Keith W Hefn…, Real Estate Pro in Dallas, TX
Wed Mar 18, 2015
Keith W Hefner answered:
The differences vary depending on the specific home you purchase. The tax rate is the city, county, school, college, and hospital, and what ever other special taxing district that exists. So, you could have a home in frisco with plano schools, carrollton schools, little elm schools, etcetera. Let me know if you need sorting out a certain house. Keith W Hefner
Halo Group Realty, LLC
... more
0 votes 5 answers Share Flag
Yanoska Diaz, Real Estate Pro in Miami, FL
Sat Jan 17, 2015
Yanoska Diaz answered:
Please visit:

Landlords and agents interested in leasing to voucher holders advertise their properties on this site.
0 votes 3 answers Share Flag
Jim Olive, Real Estate Pro in Key West, FL
Tue Dec 9, 2014
Jim Olive answered:
You'd probably be better off running the other way...REO deals are rarely the good deal people think they are. Best of luck...
0 votes 2 answers Share Flag
soonraptured, Other/Just Looking in Wylie, TX
Thu Sep 11, 2014
soonraptured answered:
Our HOA dedicatory instruments give the board the authority to fine for violations, but does not specify a certain amount. Historically, fines have been $50 for each occurrence of violations. Although we do have a violation enforcement policy (without specific amounts) filed in the property records, the new management company refuses to continue with the $50 fine unless the board files with the property records a fine schedule. The board has been told that legally they cannot enforce what we have been doing.

I'm confused because the law does say that there must be a filed enforcement policy but I can't find anywhere that it states a fine schedule must be filed. I would appreciate any input.
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0 votes 7 answers Share Flag
Diane Christ…, Real Estate Pro in Sarasota, FL
Tue Sep 2, 2014
Diane Christner answered:
As others have said, education courses to pass your state real estate exam, cost of the state exam, license, board MLS dues are a must. You'll also have to pay membership fees to NAR (National Association of Realtors) and a state Realtor association. I don't know about your area, but we have separate MLS fees and lockbox key fees as well.

You will need a decent car and clothes, smart phone, computer, good camera if your smart phone camera is limited, a professional looking web site, business cards, yard signs, lock boxes (if not provided by your broker), marketing materials to promote yourself as an agent to name some of the more common expenses. Postage to mail out marketing brochures, cards can add up quickly. As can gas money driving around prospective buyers. If you get a listing, you will need a marketing budget for advertising the listing.

Don't forget you will probably be an independent contractor, so you will have to save back money for both quarterly income taxes and for paying your own health insurance.

Getting started in real estate is not for the faint of heart. Once you get your license and settle in with a realty company you will start to discover how little you really know about actually doing real estate. The classes do not prepare you for the real world of real estate -- how to get listings, how to sift through prospects to find true buyers, how to handle showings, contracts, home inspections, how to read a closing statement. Find a local company that offers in house classes for new agents or mentoring, you'll be glad you did.

Understand that you will probably put in hours and hours of work, often without a commission check to show for it. When you do finally get a commission check, you usually have to split it with your broker, pay E&O insurance for the transaction and sometimes even a professional broker fee. You'll find commissions are not necessarily what you expect either - especially if you buyer wants to purchase a REO (bank owned) listing. Banks are notorious for offering lower commissions to cooperating brokers. (In our area one bank offers a co-broke commission of 1% of the purchase price!) So you will need a decent cushion of savings to cover both real estate and living expenses if you are planning to go into real estate full time. I would suggest at least 6 months worth of expenses as your emergency fund.

You will need to be able to deal with rejection, lots of rejection. I read somewhere that only 20% of all new agents make it past 2 years in the business.

So why go into real estate as a profession? You run your own real estate business - decide your work hours, develop your own business plan, marketing, etc. The more time and effort you invest into your work, the greater potential income you will have. Real estate is not a conventional job, it's not 9 to 5. It's always changing and no two deals are ever exactly alike. You are not stuck behind a desk all day. It gives you the opportunity to be creative, meet people, work without supervision (brokers typically cut the apron strings once you get past your first months of being a newbie). Being a real estate agent has its rewards.

If your idea of being a real estate agent is working a few hours a week, collecting a 7% commission check on each transaction with little out of pocket expenses and making a 6 figure income from the start, I strongly suggest you rethink going into real estate.

If you do decide to take the plunge into real estate, I do hope you are one of the successful ones.
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0 votes 8 answers Share Flag
Justin Richa…, Real Estate Pro in Garland, TX
Sun Aug 31, 2014
Justin Richardson asked:
Well, I don't have enough room to explain how this is not a concern for myself working with Supreme Lending's Corporate Office, but I have yet to lose a loan because of this.…
0 votes 0 Answers Share Flag
Bruce Lynn, Real Estate Pro in Coppell, TX
Tue Aug 26, 2014
Bruce Lynn answered:
There are demographic websites you can check

I like this DMN article... ... more
0 votes 3 answers Share Flag
Amy Arey, Real Estate Pro in Allen, TX
Fri Jun 13, 2014
Amy Arey answered:
My website actually has a VERY handy feature to address school issues (derived from but also has ADDITIONAL information and community features. I live in Mckinney and have had two children in Mckinney ISD and love it! (We actually moved for a short time, then moved BACK specifically for the schools).

For individual ratings:
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0 votes 8 answers Share Flag
Dallas Texas, Real Estate Pro in Dallas, TN
Mon Mar 31, 2014
Dallas Texas answered:
All prior answers are correct , builders are not wanting carry inventory based on families not able to qualify with FHA loan 3.5% down payment. OR not able sale their homes purchase another home.

If you are searching for a new home some areas have had foreclosures.
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1 vote 4 answers Share Flag
Linda Lorenzo, Real Estate Pro in McKinney, TX
Tue Mar 18, 2014
Linda Lorenzo answered:
HOA's are pretty powerful entities. Any changes you make to your property is supposed to be approved by the ACC and yes they can fine you and yes they can charge interest. You may want to dig out your CCR's to read. Good luck. ... more
0 votes 1 answer Share Flag
allan erps,A…, Real Estate Pro in Pearl River, NY
Sat Jan 25, 2014
allan erps,ABR,SFR answered:
Good thru May 25th is the way it should be interpreted. However if there is a buyer already procured or somebody that has seen the house with an agent & is waiting to make an offer, you may be obligated. ... more
0 votes 12 answers Share Flag
Cathy Browne, Real Estate Pro in Plano, TX
Mon Jan 20, 2014
Cathy Browne answered:
We are a non-disclosure state. You will need to just contact a professional realtor, and they will be able to access that information. The realtors also have the most accurate and current information, so you might be able to find some information on certain websites but it may be not be up to date. ... more
0 votes 5 answers Share Flag
James Suhr, Real Estate Pro in Arlington, TX
Thu Jan 9, 2014
James Suhr answered:
Buy/Sell through me and I'll move you for FREE*!!!

If you are looking for a more scientific answer you will need to change forums, I would suggest getting a qualified profession to answer such a question since I am not I will not attempt to answer but I do have a link that might be helpful.

*some restrictions apply, ask agent for details*
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0 votes 8 answers Share Flag
Jeanne Kirby, Real Estate Pro in Plano, TX
Mon Dec 16, 2013
Jeanne Kirby answered:
Yes, Prestwyck is located and serviced by the Prosper ISD. Individual schools may change according to the needs of the district; however, it will always remain Prosper ISD. School ISD boundaries are fixed by the state of Texas. That is why you may find a couple of different ISD's within one city. However, the local ISD sets the boundaries for the schools within their district.

If you need the assistance of a Realtor, please contact me at 214 733 4428. It does not cost you a cent to be represented by a Realtor when buying a home.
The sale counselors in the community are working for the home who gets the most benefits? Look forward to hearing from you...214 733 4428
Jeanne Kirby
RE/MAX DFW Associates V
214 733 4428
... more
0 votes 4 answers Share Flag
Elizabeth Mo…, Real Estate Pro in McKinney Tx, TX
Wed Mar 13, 2013
Elizabeth Morgan answered:
Enter 75252 zipcode at the top of this Trulia page then click the green tab "Local Info" link for an interactive map showing crime statistics & so much more.

Hope this helps,
Elizabeth ... more
0 votes 3 answers Share Flag
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