Most of the time, home buyers do not need to pay their agent a fee out-of-pocket since normally it is built-in to the price of the home, but that doesn’t mean the fee is unimportant. The National Association of Exclusive Buyer Agents (NAEBA) offers the following...
Homebuying Process
Home Buyers Should Allow Ample Time for Home Search
HGTV’s “House Hunters” makes it look easy. Eager buyers look at three perfect homes for sale and choose one, making a quick decision. In real life, home buying takes time and effort. According to a recent article in Forbes, the average buyer spends about 17...
What Home Buyers Should Know About Credit Scores
In a prior blog post, we talked about what home buyers should know about interest rates, and how rates impact home buying power. Home buyers should also know how their credit score affects the mortgage interest rate they’ll be offered! You cannot control the market...
What Home Buyers Should Know About Home Inspections
Home inspections are an essential part of the home buying process. Home inspections are a common buyer contingency in the purchase contract, allowing for a third-party inspection of the home’s structure and mechanical elements. Put simply, a home inspection is a...
How to Use a Cash Gift for a Home Down Payment
Should You Consider a Fixer-Upper When Buying a Home?
What Does Your Home Purchase Include?
When you visit a home for sale, you might assume that certain things would be included with the deal, such as the appliances, light fixtures and window treatments. Yet these items are not always included in the sale. What’s included in a home sale can vary by local...
Survey Shows Experienced Exclusive Buyer Agents Changing Tactics to Assist Their Buyers’ Success in a Tight Market
In many markets across the country, inventory is low and that can make it very difficult for buyers who wish to purchase a home. At the National Association of Exclusive Buyer Agents (NAEBA), we noticed that most of our members are still finding success for their...
Survey Shows Experienced Exclusive Buyer Agents Changing Tactics to Assist Their Buyers’ Success in a Tight Market
In many markets across the country, inventory is low and that can make it very difficult for buyers who wish to purchase a home. At the National Association of Exclusive Buyer Agents (NAEBA), we noticed that most of our members are still finding success for their...
Rising Rents Hamper Would-Be Home Buyers
A large portion of Americans remain burdened by rental costs, according to the 2017 State of the Nation’s Housing Report, published by the Joint Center for Housing Studies at Harvard University. The report shows that while homeowners are enjoying the benefit of rising...
National Association of Exclusive Buyer Agents Shares Survey Results on Under-Appraisals and CMAs
The National Association of Exclusive Buyer Agents (NAEBA) recently conducted a survey among their members on the topics of under-appraisals and CMAs. Survey results showed that 87.14 percent of Exclusive Buyer Agent respondents said that they have not had issues with...
What Home Buyers Should Know About Earnest Money
Home buyers might be confused about the role earnest money plays in their real estate transaction. There’s good reason for this, since earnest money isn’t technically required! Customs regarding the amount of earnest money that should be offered – and whether it’s...